Burden balancing ahead for firms in minimum wage shift

Burden balancing ahead for firms in minimum wage shift

Anew regional minimum wage scheme to take effect from July 2024 may place pressure on both domestic and foreign employers, while simultaneously helping to ease financial strife for local workers.
Proposal on minimum wage to be submitted for Government approval

Proposal on minimum wage to be submitted for Government approval

After two negotiation sessions, the National Salary Council on December 20 reached a consensus to finalise the proposal to increase the regional minimum wage by 6 per cent starting from July 1, 2024, to submit for Government for approval.
Regional minimum wage may increase in 2024: official

Regional minimum wage may increase in 2024: official

Members of the National Wage Council agreed to propose increasing the regional minimum wage in 2024 at the council’s first meeting in 2023 on August 9.
Regional-based minimum wage to increase by 6 per cent on July 1

Regional-based minimum wage to increase by 6 per cent on July 1

The regional-based minimum wage will officially increase by 6 per cent from July 1, following Decree No.38/2022/ND-CP promulgated on June 12.
Proposed minimum wage insufficient to make ends meet: insiders

Proposed minimum wage insufficient to make ends meet: insiders

As the Ministry of Labour, Invalids and Social Affairs has been gathering comments on a draft on the minimum wage, insiders said the proposed wages are insufficient to make ends meet.
Minimum wage plan gives hand to workers

Minimum wage plan gives hand to workers

An increase in the region-based minimum wage by 6 per cent is projected to satisfy some employees, while also being suitable for employers’ financial capacity.
One fewer thing to worry for enterprises

One fewer thing to worry for enterprises

Businesses will have one fewer thing to worry about in 2021 as the minimum wage is not expected to be increased for privately-owned enterprises.
COVID-19: Cambodia offers three-month tax breaks to aviation companies

COVID-19: Cambodia offers three-month tax breaks to aviation companies

The Cambodian government on March 31 decided to give tax breaks for three months from March to May this year to aviation companies to help offset losses caused by COVID-19.
Argentine president announces salary hikes, tax cuts after poll setback

Argentine president announces salary hikes, tax cuts after poll setback

Argentine President Mauricio Macri announced plans for salary hikes and tax cuts on Wednesday (Aug 14) after voters turned resoundingly against his austerity policies, sparking days of economic turmoil.
Regional minimum wage may increase by 5.5 per cent in 2020

Regional minimum wage may increase by 5.5 per cent in 2020

Once the government approves the National Wage Council’s proposal, the regional minimum wage will increase by 5.5 per cent in 2020.
Debate on 2020 regional minimum wage continues

Debate on 2020 regional minimum wage continues

As usual, at the annual meeting of the National Wage Council next year's changes to the regional minimum wage were discussed.
Minimum wage could increase by 5.3 per cent in 2019

Minimum wage could increase by 5.3 per cent in 2019

If the National Salary Council’s proposal is approved by the government, the regional minimum wage will be increased by 5.3 per cent in 2019.
Debate erupts over minimum wage increase

Debate erupts over minimum wage increase

The planned increase in minimum wage, which will see its final round of negotiations next week, has caused a heated debate, with employers warning of severely increasing expenses and workers’ representatives calling for a rise to help meet basic living standards.
Regional minimum wage may increase by 8 per cent in 2019

Regional minimum wage may increase by 8 per cent in 2019

As usual, increasing the regional minimum wage in early 2019 is a topic of heated debate between authorities and representatives for employers and employees.
Wage hike to counter steep cost of living

Wage hike to counter steep cost of living

Workers will see fatter pay packets from October 1, 2011 as the government just ratified minimum wage hike proposals.
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