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Thailand: SMEs push back on wage hike

Smaller firms may delay investment and recruitment next year because of the recent minimum wage increase of 5-6 baht per day, says the Federation of Thai SMEs. Last Friday, the national wage committee agreed to hike the daily minimum wage from 308-330 baht to 313-336 baht. The panel will propose the rise to the cabinet […]

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Thailand: MQDC beefs up The Forestias investment

Magnolia Quality Development Corporation (MQDC), a property developer, is increasing its investment in The Forestias on Bang Na-Trat Road KM7, expanding the project size by 35 billion baht to a total of 125 billion baht. The company aims to make the project a global prototype for town development. The increased investment makes The Forestias the […]

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