27 Jul '11, 11am

Workers take to the streets over wage hike: TAIPEI: Taiwan's economy grew nearly 11 per cent last year, its fast...

Workers take to the streets over wage hike: TAIPEI: Taiwan's economy grew nearly 11 per cent last year, its fast...

TAIPEI: Taiwan's economy grew nearly 11 per cent last year, its fastest pace in 24 years. Its minimum wage, however, is climbing slower than its Asian rivals like Hong Kong and South Korea. This is affecting 1.5 million local workers, prompting labour unions to take to the streets. Angry protesters outside the Executive Yuan are calling for a higher increase to minimum wage. This comes after Taiwan said it plans to raise the minimum wage by five per cent starting next year. If approved, the monthly minimum wage will be raised to US$652 and hourly wage to US$3.60. But labour groups say that is unacceptable. Hsieh Chuang Chih, Secretary General of the Taiwan Confederation of Trade Unions, said: "That's US$31 more a month, or an average of US$1 a day. You can't even afford a bowl of plain noodle, or a two-way bus ride in Taiwan. Workers cannot afford basic everyday needs at t...

Full article: http://www.channelnewsasia.com/stories/eastasia/view/1143...

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