Showing 1 - 3 of 3
Has the minimum wage outlived its usefulness?
Published on 27/08/2019
» The minimum wage was introduced to Thailand in the mid 1970's as a way to protect against basic labour being taken advantage of and provide a guaranteed minimum wage for all workers. However, it was never applied to "all workers". The International Labour Organisation (ILO) said that this was the "minimum sum payable to a worker for work performed or services rendered, within a given period, whether calculated on the basis of time or output, which may not be reduced either by individual or collective agreement, which is guaranteed by law and which may be fixed in such a way as to cater to the minimum needs of the worker and his/her family, in the light of national economic and social conditions".
Preying on the rich
Life, Published on 21/09/2015
» If mythology is to be believed, Midas was the richest man in the world. But his wealth was a curse. Everything he touched turned to gold, including food. Back in time, emperors were decked out in jewels, which is why tomb raiders broke into pyramids and tombs.
Floods: Losses to Thailand's economy?
Jon Fernquest, Published on 04/11/2011
» Ongoing threats with damage still preventable far greater than damage already done in this survey of flood economic impact by economists at TMB Bank.