Japan's Amari: Minimum wage hike important to economic growth

Published Tue, Nov 24, 2015 · 02:22 AM

[TOKYO] Japanese Economics Minister Akira Amari said on Tuesday it was important to raise the minimum wage to contribute to the country's economic growth.

Mr Amari, speaking to reporters, added that an increase in the minimum wage may burden some small companies.

Japan's government is due to raise the minimum wage and encourage companies to increase salaries as part of a package of policies to bolster the economy.

REUTERS

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

International

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here