Singapore’s 2023 budget provides an array of support for local employees. This includes co-funding worker wages and encouraging the reskilling of employees.
Thailand has increased the daily minimum wage rates across all its provinces by an average of five percent.
Indonesia has increased the average minimum wage of each province by 1.09 percent for 2022. The figure was obtained through the new guidelines on minimum wage under Government Regulation 36 of 2021 (GR 36/2021).
Indonesia’s GR 36/2021 has eliminated the sectoral minimum wage while establishing a provision for hourly pay for part-time workers.
Due to the pandemic, many ASEAN members did not raise their minimum wages or did not raise them significantly.
As of January 1, 2021, Cambodia’s monthly minimum wage rate for regular workers is US$192, an increase from US$190 in 2020.
The Ministry of Manpower issued a circular in October 2020 advising regional governments not to increase the monthly minimum wage rates due to the ongoing pandemic.
The government has increased the minimum wage for major towns under 56 city and municipality councils.
By January 2020, Indonesia will increase its minimum wage by 8.51 percent from the current 2019 rate. Learn more about how this regulation will impact businesses in the country.