International Legal and Ethical Issues in Business Essay

877 Words Feb 21st, 2011 4 Pages
International Legal and Ethical Issues in Business

Unit 5 Individual Project

ABSTRACT
In this paper I will discuss environmental regulations and labor laws in place in Thailand and Singapore. This paper will show that while Singapore seems to have stricter environmental regulations in place in it’s country, the labor laws in Thailand seems to protect its citizens better with better work hour regulations and wage requirements. Singapore’s labor laws can stand to be revisited so as to keep the working citizens safe from greedy business owners.

What are Thailand and Singapore’s environmental regulation levels? Thailand’s government has been known to keep loose environmental standards for investors. Many foreign investors have
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Employees must be paid overtime pay at a rate of 1.5 to three times the normal hourly rate when the maximum amount of hours has been surpassed.
The minimum daily 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 management 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 it’s workers. The Employment Act in Singapore only stipulates that workers be paid timely, which is translated to mean at least once a month. Workers who make less than 2,000 SGD per month may not be required to work more than eight hours a day or 44 hours per week. Employees working in management positions or higher may be permitted to work longer hours, depending on what terms are outlined in their contract.

Do you think the country's environmental regulation is sufficient? 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

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