Many countries already have minimum wage legislation in place, with hourly rates in New York and London set between 7.25 and 8.80 US dollars. According to Wikipedia, the following countries already have a minimum wage legislation:
- Australia
- Brazil
- Canada
- People's Republic of China
- European Union
- France
- Hong Kong (just added)
- Ireland
- Japan
- New Zealand
- Pakistan
- Romania
- Taiwan
- United Kingdom
- United States
So when is it Singapore's turn??
2 comments:
I think you forgot Malaysia, Singapore's closest neighbour. They are planning to set up a wage council to set policies on minimum wage:
http://thestar.com.my/news/story.asp?file=/2010/10/16/budget/7239874&sec=budget
If I am not mistaken, Singapore and Brunei are the only countries in East Asia without any form of minimum wage legislation, national local or otherwise. Even China, famous for its sweat shops has minimum wage policy.
Thanks for the link. I did not know about the Malaysia news.
However, knowing Malaysia, I won't count my chickens until it hatches. After all, they did postponed it once before.
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