Thursday, February 21, 2019
International Legal and Ethical Issues in Business
In this paper I will discuss environmental orders and labor laws in as wellshie in Thailand and capital of Singapore. This paper will generate that while Singapore seems to have stricter environmental regulations in place in its expanse, the labor laws in Thailand seems to protect its citizens better with better run hour regulations and wage requirements. Singapores labor laws cig arette bide to be revisited so as to keep the running(a) citizens safe from rapacious business owners. What are Thailand and Singapores environmental regulation levels?Thailands regimen has been known to keep loose environmental standards for investors. M some(prenominal) alien investors have been used to Thailands loose environmental regulation, however, the countrys government is now struggling to deal with tough new environmental regulations. An upheaval from residents in or so of the more industrial areas of Thailand has set in motion a movement to toughen environmental regulations, which ha s many companies identical Ford thinking of relocating some of its manu concomitanturing plants.Singapore, however, has very strict environmental regulations in place, with an extension of liability even reaching to directors and officers of the companies that operate in Singapore. The government in Singapore has passed strict laws to ensure that corporations operating in the country do non compromise the health of their state. Violators of the environmental regulations in Singapore may even face mandatory jail term if engraft guilty of participating in activities that are deemed harmful to the environment and the plurality living in the area.What kind of legislation has been passed in the country deferenceing working hours and wages? The Department of Labor in Thailand enforces labor laws in the country. Currently, Thailand has some pretty good labor laws in place to protect its citizens. The most hours a person do-nothing work per daytime in Thailand is 8 hours per day or 48 hours per week. If the job is deemed hazardous, the workday is considered send off after 7 hours, or 42 hours per week. Employees must be paid overtime pay at a rate of 1. 5 to common chord times the normal hourly rate when the maximum amount of hours has been surpassed.The minimal passing(a) wage rate varies, depending on location. Some provincial areas can pay a daily rate of 137 baht, or $3. 43 U. S. dollars, whereas the daily rate can be 175 baht or $4. 38 U. S. dollars in Bangkok. Office and way staff working full-time hours can earn about 15,000 baht (US $375) to 150,000 baht (US $3,750) per month, depending on the level of management and experience. Singapore does not have any regulations in place with regard to a minimum wage for its workers. The Employment Act in Singapore only stipulates that workers be paid timely, which is translated to mean at to the lowest degree once a month.Workers who make less than 2,000 SGD per month may not be ask to work more than ei ght hours a day or 44 hours per week. Employees working in management positions or high may be permitted to work longer hours, depending on what terms are outlined in their contract. Do you think the countrys environmental regulation is satisfactory? Explain. It seems Singapore has sufficient environmental regulations in place, what with punishments which include jail time for those found guilty of infraction of the regulations.However, I feel that Thailand still has a long way to go in establishing effective environmental regulations. The people of Thailand are still fighting to get proper regs in place to keep their environment and their people safe and healthy. It seems that Thailand is reluctantly coming around, however, the scourge of losing many of its foreign investors because of new environmental regulations might hinder any real progress. Do you feel that the countrys hour and wage legislation is honest? Explain.Thailands hour and wage regulations are adequate however, Singapores hour and wage regulation still leave way in addition much room for employees to be taken advantage of by their employers. The fact there is no national minimum wage requirement leaves too much room for employers to underpay their employees. on that point is also no regulation in place to limit the amount of hours per day an employee can work. There is also no regulation for overtime pay. The lack of regulation in place to determine how many hours per day or week a person can work before overtime pay is required leaves the employees at the mercy of their employers.Referenceshttp//online.wsj.com/article/SB10001424052748704182004575056421383885014.htmlhttp//www.business-in-asia.com/thai_labor_law.htmhttp//www.ehow.com/list_5989991_labor-laws-singapore.html
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