It is now the end of June 2013. The 300 Baht minimum wage came into force in January 1st 2013. The generally effect of this rise, initially, was that many large companies reduced their workforce, because they said they simply could not afford the increase.
(Rose, 2012)
The Permanent Secretary for Labor, who is also Chairman of the Wage Committee, stated that the minimum wage hike in April this year would increase the purchasing power of the general public and help workers cope with rising costs of living. He believed that the hike in the minimum rate would produce more positive results than negatives ones. More income earned by workers would facilitate the buying and selling of consumer goods, as well.