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Source: VNA
Webnesday, 1/5/2024
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Meanwhile, Thailand is among the top five economies in the world to see real salary increases as productivity grows. The country is likely to see a real salary increase of 4.1 percent in 2020, up from 3.9 percent in 2019.The average real salary increase in Singapore is forecast at 3 percent in 2020, down from 3.3 percent in 2019, which is above average in Asia-Pacific and more than double Hong Kong's rise of 1.4 percent. India will again see the highest real salary increase in Asia, predicted to be 5.4 percent.The average increase in real terms in Asia-Pacific is forecast at 3.2 percent. India took the top spot, followed by Vietnam, Indonesia, Cambodia, then Thailand.Workers in Vietnam and Thailand will both see further increases to their salaries as the nominal salaries expected to be given by employers stay well ahead of the low levels of inflation that these countries will see...
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Source: VNA
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