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News Ticker
  • [ April 29, 2025 ] Sugar Tax Shake-Up: UK Plans to Target Milkshakes and Dairy Drinks Economic News
  • [ April 21, 2025 ] China’s Economy Grows 5.4% — But Can It Withstand Trump’s Tariff Tsunami? Economic News
  • [ April 15, 2025 ] U.K. Government Seizes Control of British Steel Plant Economic News
  • [ April 10, 2025 ] U.S. Tariffs on China Surge Past 100% as Trump Escalates Trade War – but why? Economic News
  • [ March 28, 2025 ] Can Defense and Housing Turn the Tide on Sluggish GDP Growth in the UK? Economic News
HomeMINIMUM WAGE

MINIMUM WAGE

Consumer and Business Behaviour

Thailand’s Wage Hike: A Double-Edged Sword?

May 20, 2024 TheCuriousEconomist Comments Off on Thailand’s Wage Hike: A Double-Edged Sword?

The government in Thailand plans to raise the daily minimum wage by 14%, reaching 400 baht ($10.88) by October 1. This move has sparked concern among business groups, fearing that higher labour costs could lead […]

Consumer and Business Behaviour

Some Hidden Truths behind that “Made in the USA” label

April 9, 2023 TheCuriousEconomist Comments Off on Some Hidden Truths behind that “Made in the USA” label

A recent survey by the Department of Labor’s Wage and Hour Division revealed that some Southern California garment workers are earning as little as $1.58 per hour in what officials call “sweatshops.” These workers make […]

an image to show a worker on minimum wage
Economic News

Minimum wage in the UK increases by 6.2%

April 2, 2020 TheCuriousEconomist Comments Off on Minimum wage in the UK increases by 6.2%

As of Wednesday this week, national minimum wage in the UK has increased by 6.2% for those aged 25 and above. This now means that any minimum wage worker over 25 will now be paid […]

Economic News

Venezuela sees 275% increase in minimum wage!

January 1, 2020 TheCuriousEconomist Comments Off on Venezuela sees 275% increase in minimum wage!

The President of Venezuela Nicolas Maduro has passed legislation to increase the country’s minimum wage by a whopping 275% from 40,000 bolivars to 150,000 (around $8). With rampant hyperinflation, this is an attempt by the […]

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Recent Posts

  • Sugar Tax Shake-Up: UK Plans to Target Milkshakes and Dairy Drinks
  • China’s Economy Grows 5.4% — But Can It Withstand Trump’s Tariff Tsunami?
  • U.K. Government Seizes Control of British Steel Plant
  • U.S. Tariffs on China Surge Past 100% as Trump Escalates Trade War – but why?
  • Can Defense and Housing Turn the Tide on Sluggish GDP Growth in the UK?
  • PepsiCo Plans $1.95 Billion Poppi Acquisition
  • South Africa Unveils $54.5 Billion Infrastructure Plan to Boost Growth
  • Canada Pulls U.S. Alcohol from Shelves in Retaliation for Trump Tariffs
  • U.S. Economy on Track for Contraction as Spending and Exports Decline
  • India’s Consumer Market Shrinks as Wealth Inequality Deepens

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Most Read Article

Balance of Payments

Kenya and the US look set to sign a free-trade deal despite Trump’s attacks on global trade

February 7, 2020 Comments Off on Kenya and the US look set to sign a free-trade deal despite Trump’s attacks on global trade

Under President Trump, the US stance towards global trade has become increasingly protectionist, with billions of dollars of tariffs placed on goods from countries all over the world, engagement in a devastating trade war with […]

Economic News

U.K. Government Seizes Control of British Steel Plant

April 15, 2025 Comments Off on U.K. Government Seizes Control of British Steel Plant

It’s a dramatic move—but one the U.K. government believes is essential for national economic security. In an extraordinary step, the government has taken control of British Steel’s Scunthorpe plant under emergency legislation to prevent its […]

SGD News

Economic News

India’s Consumer Market Shrinks as Wealth Inequality Deepens

February 27, 2025 Comments Off on India’s Consumer Market Shrinks as Wealth Inequality Deepens

India’s consumer market is far smaller than its population suggests, with only about 130-140 million people able to spend on non-essential goods, according to a report by Blume Ventures. Despite a population of 1.4 billion, […]

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