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#wages

Every story tagged #wages on RetailNews Asia: reporting, analysis and market signals from across Asian retail and e-commerce.

7 stories in this topic

cover for Villas in Laos
Living
1 min read

Laos raises minimum wage for workers

The Lao Government has decided to raise the monthly minimum wage from LAK1.2 million (nearly US$70) to LAK1.3 million starting May 1 to ease workers’ difficulties amid soaring inflation and economic uncertainties. The decision was made at the Lao Government’s…

vietnam retail cashier
Living
2 min read

Vietnam unable to match minimum wages with living standards

The minimum wage – minimum living standard gap has been widening for years, but there is no solution in sight as workers struggle to make ends meet. Vietnam first introduced the “minimum living standard” term in its 2012 Labor Law, which requires that the…

nike korea employee
Living
1 min read

Minimum wage increase Kicked off in April

The minimum wage increase announced by the government last December is set to kick in on April 1. Starting Monday, the adult minimum wage will rise from the current rate of $16.50 per hour to $17.70 per hour. This means that businesses that have adult…

vietnam labor
Living
1 min read

Vietnam’s employers, unions fight again over wage increase

Discussions for the annual wage increase have started, and as expected, the business group at the table, the Vietnam Chamber of Commerce and Industry, has come in with a relatively low offer of 5 percent for 2018. That would be down from the 7.3 percent hike…