Cost of Living
- Related Tags：
- minimum wage
- Cost of Living
- Ministry of Labor
- economic growth
- living standard
- wage adjustment
- basic wage review committee
- Malaysia
- Progressive Wage Model
- Taiwan
Taiwan’s New Minimum Wage Proposal Is Insufficient to Foster Economic Growth
The Ministry of Labor has decided to increase the minimum wage in Taiwan from $26,400 to $27,470 for the future year. However, critics argue that this may not be enough to ensure a basic living standard nor foster economic growth.
20 Reasons Why Hiking the Minimum Wage Is Good for Taiwan (Part 1)
Local labor groups have urged MOL to raise Taiwan’s minimum wage to no less than NT$27,600. This first part of article outlines 10 reasons why hiking the minimum wage will benefit all walks of life in Taiwan.
Malaysia Needs To Implement Multi-Year Wage Plan To Become a Leading Country in Asia
If Malaysia wants to become one of the 30 largest economies globally, one way it can do so is to implement a seven-year plan to raise its minimum wage.
Raising the Minimum Wage Does Not Increase Unemployment
It makes sense for Taiwan’s businesses to support wage increases. Here’s why.