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Minimum wage hike's unintended outcome
News, Sutapa Amornvivat, Published on 20/09/2017
» A few weeks ago, a coalition of labour unions demanded more than a doubling of Thailand's minimum wage from 300 baht a day now to 700 by 2018. The proposed number aims to meet living costs, high enough to support two family members, assuming an inflation rate of 3% a year.
Who's afraid of automation and robots?
News, Sutapa Amornvivat, Published on 20/07/2016
» The recent Toyota Motor Thailand's layoff of 800 employees has caused quite a stir. Luckily, this incident turned out to be an isolated case, and not a prelude to mass unemployment. Yet, a real threat is imminent as the world's economies, advanced and emerging alike, are entering a brave new world of automation.