Taiwan’s central bank calls for wage rises
Report calls for more unionisation after real wages fell in first quarter
Taiwan’s central bank has called for higher wages and stronger unions, in a bid to reverse declining real wages.
In a June 15 briefing, the Central Bank of the Republic of China (CBRC) urged the government to raise the minimum wage from its current level of NT$26,400 ($845) a month. “It is still advisable to increase the basic wages in a timely and reasonable manner, and strengthen the bargaining power of labour over wages,” the briefing stated.
The central bank suggested allowing employees at
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