Thailand Will Raise Minimum Wage to THB330-370 Range from January 2024

Thailand will raise the average daily minimum wage by 2.37%, according to a report from a senior government official on Friday in talks between government representatives, companies and labour groups.

The committee that was held to discuss wage raise agreed to hike the minimum wage to between THB330 and THB370 per day. Still, the wage is short of the ruling Pheu Thai party that pledged to raise it to THB400 a day. Pheu Thai’s political campaign prior to the election vowed to raise the minimum wage to THB600 a day by 2027.

The raise will take effect on January 1, 2024.