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PHUKET HOTELS HIT Minimum Wage Increase Approved for January

Category: Hotels, Posted:25 Dec 2009 | 17:06 pm

Phuket will have Thailands second largest escalation for the new minimum wage which has been approved by the Interior Ministry for implementation on January 1st. The island will see an increase of THB 204, while Bangkok is pegging at THB 206. In comparison another leading tourist destination Chiang Mai will only be increased by THB 171.
Minimum wage increases have a wide scale impact on the service industry including hotels, restaurants and even residential estates with lower level employees such as gardeners and security staff move up in cost. Talking to many construction quantity surveyors there looks to be continued movement upward in building cost as hyper inflation and continued wage increases hit the industry.

Other News

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Direct International Flight For Koh Samui Coming

Category: Tourism, Posted:27 Jul 2021 | 11:29 am Koh Samui is set for the resumption of international flights from Singapore on the 1st of August. Under the Samui Plus program and expecting increased demand, Bangkok Airways is taking this first step for the direct overseas service. The initial stage is three flights a week on Monday, Thursday and Sunday. Meanwhile in the Phuket […]
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Thailand Property Takes Urban Flight As Lifestyle Takes Over

Category: Real estate, Posted:26 Jul 2021 | 06:00 am Thailand’s resort real estate markets have experienced a dramatic reset in buyer profiles over the past eighteen months of the pandemic. A strong wave of domestic demand has seen Thais flocking to the country’s leisure destinations and snapping up holiday or second homes. According to new data released by Thai property portal FazWaz, the popular […]
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Just Another Sunday – Catch-Up

Category: Tourism, Posted:25 Jul 2021 | 15:08 pm It’s a great day to catch up on last week’s video sessions. Check out a replay of the special Business Insider Thailand Resort Property online event.  We also talk to a leading Thai developer on rewriting the map in Northwest Phuket, where a second resort-styled CBD is emerging and finally more on the ongoing Sandbox. […]