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Home > News > Realtime News
Business Group Opposes Hike in Minimum Wage
Posted on 2021-08-27 09:44:03
The General Chamber of Commerce is voicing its opposition to proposals to
hike the minimum wage this year.

According to chamber chairman Paul Hsu, now is not the right time to consider
raising the minimum wage, due to the local economic situation.

Hsu says although export-related businesses are doing well, local consumption
has been negatively hit by the coronavirus outbreak, which has seen many
service-sector companies registering declines in business of between 30 and
50-per cent.

The statement comes after Labor Minister Hsu Ming-chun expressed her hope
that the basic wage could be increased by the end of this year, despite the
impact of the coronavirus pandemic.

The Basic Wage Review Committee is set to meet later next month.


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