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Thai food industry will remain robust within new EU-like network, says top food institute
date:May 28, 2012
s are estimated to increase by as much as 20% following the minimum wages hike. The hike has already caused food production costs to increase by 5-20%, depending on the intensity of the labour.

Chinabutr said that the increased minimum wage would increase costs for small and medium enterprises, which make up for 97% of the countrys food sector, by around 6.4%.

The seafood sector will be the hardest hit, said the NFI, with a cost increase of 20%, followed by 5-10% for meat, 5-10% for medium-siz

12/21 09:32