National inflation current year+ National economic growth current year = % increase of minimum wage for next year
In the 2020 budget, the Malaysian government is set to increase the minimum wage in 57 major cities from 1,100 ringgit (US$270) to 1,200 ringgit (US$295) from January 1, 2020.
The minimum wage in non-urban areas and rural towns will remain at 1,100 ringgit.
Minimum wage in Cambodia is mainly guaranteed for workers in the country’s textiles and footwear manufacturing industry. The monthly rate has increased to US$190 for 2020 from US$182 in 2019.
Laos has not applied an increase in its minimum wage since 2018. Back then, the Laotian government increased the minimum wage for all businesses and factories from 900,000 kip (US$101) to 1.1 million kip (US$124) a month.
The daily minimum wage in Myanmar is revised every two years and discussions on the new rate will begin in May 2020.
Myanmar’s current daily minimum wage is 4,800 kyat (US$3.29) for eight hours of work.
The Philippines has daily minimum wage rates that differ region-wise and can range from P290 (US$5.70) to P537 (US$10.61) a day.
The country’s average minimum wage rate is among the highest in ASEAN.
The Thai government has announced an increase of between 313baht (US$10) –336 baht (US$11) to the daily minimum wage starting January 1, 2020, representing an increase of five baht (US$0.17) to six baht (US$0.20) from 2018.
The monthly minimum wage rate was increased by 5.7 percent from January 1, 2020, higher than the 2019 hike of 5.3 percent. The country sets a different minimum wage level across its four regions.
< BACK TO LIBRARY