Taipei--The Ministry of Labor's annual Minimum Wage Review Committee is set to propose an increase in Taiwan's monthly minimum wage from NT$21,009 to NT$27,711 (US$931) later this year, a business leader said on Wednesday.
Taiwan Confederation of Trade Unions Chairman Chuang Chueh-an (???), a member of the committee, said a consensus has been reached on raising the minimum wage.
Chuang shared the figure before a meeting with Minister of Labor Lin Mei-chu (???) ahead of the committee's annual meeting scheduled for Friday.
The committee will also propose a hike in the minimum hourly wage from NT$133 to NT$160, Chuang added.
Meanwhile, Lin denied media reports a day earlier that the Labor Ministry intends to raise the monthly minimum wage by 5 percent to NT$22,059 and the hourly minimum wage to NT$140.
Source: Focus Taiwan News Channel