Thailand to increase daily minimum wage to 400 baht in Oct
BANGKOK - Thailand's government plans to increase the daily minimum wage to 400 baht from October, a spokesperson said on Thursday, a policy that could help lift consumption in Southeast Asia's second-largest economy.
The government this week cut its growth forecast for 2024 to 2.4% from 2.8%, but said growth could still reach 3.3% if its signature 500 billion baht "digital wallet" handout designed to boost spending is launched in the fourth quarter as expected.
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