Minimum Wages in ASEAN for 2021

 ASEAN Briefing 

May 4, 2021

• Minimum wages across ASEAN countries are gradually increasing to match the rise in the cost of living.
• However, due to the pandemic, many ASEAN members did not raise their minimum wages or did not raise them significantly.
• Despite the increases, minimum wage rates in ASEAN remain among the lowest in Asia.

Minimum wage rates across ASEAN countries are rising gradually to match the region’s increased cost of living and boost domestic demand. However, due to the pandemic, many ASEAN members did not raise their minimum wages or did not raise them significantly.

Despite rising salaries, minimum wages in the majority of ASEAN countries remain significantly lower than those in the developed economies of the world. Businesses must take note that the minimum wages in most countries vary regionally and as per the industry and job specifications. They may also be subject to periodic – national as well as local – regulatory changes.

In full: https://www.aseanbriefing.com/news/minimum-wages-in-asean-for-2021/