MINIMUM WAGE RISE PRESSURES WILL POSE CHALLENGES FOR SOUTHEAST ASIAN MANUFACTURERS IN 2019
January 1st, 2019
INCREASES in minimum wage rates are likely to be of significant concern to brands sourcing from south-east Asia in 2019, with pay on an upward trajectory – although governments’ approaches vary.
For some governments in the Association of Southeast Asian Nations (ASEAN) region, raising minimum wage serves as a populist measure (for instance by Thailand’s military government, whose supporters will face an election this year), while for others, an annual review is a statutory requirement, for example, in the Philippines.
So minimum wages are expected to ...
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