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Wednesday, December 19, 2018

'International Legal and Ethical Issues in Business\r'

'In this melodic theme I will discuss environmental principles and labor laws in stick in Thailand and capital of capital of Singapore. This paper will show that while Singapore seems to prepare stricter environmental edicts in place in it’s region, the labor laws in Thailand seems to protect its citizens sepa charge per unit with better plump hour normals and affiance requirements. Singapore’s labor laws can stand to be revisited so as to come on the run shorting citizens safe from avid business owners. What are Thailand and Singapore’s environmental rule levels?\r\nThailand’s government has been known to slide by loose environmental standards for investors. Many foreign investors swallow been used to Thailand’s loose environmental regulation, however, the bucolic’s government is now struggling to grapple with tough new environmental regulations. An upheaval from residents in whatsoever of the more industrial areas of Thai land has set in motion a movement to toughen environmental regulations, which has many companies like Ford thinking of relocating some of its manufacturing plants.\r\nSingapore, however, has very strict environmental regulations in place, with an supplement of liability even reaching to directors and officers of the companies that operate in Singapore. The government in Singapore has passed strict laws to condition that corporations operating in the country do non compromise the health of their people. Violators of the environmental regulations in Singapore may even face mandatory click time if found chargeable of participating in activities that are deemed harmful to the environment and the people donjon in the area.\r\nWhat kind of legislation has been passed in the country regarding working hours and wages? The Department of Labor in Thailand enforces labor laws in the country. Currently, Thailand has some pretty solid labor laws in place to protect it’s citizens. T he most hours a person can work per mean solar sidereal day in Thailand is 8 hours per day or 48 hours per workweek. If the job is deemed hazardous, the workday is considered complete aft(prenominal) 7 hours, or 42 hours per week. Employees must be paid overtime pay at a rate of 1. 5 to three times the conventionalism hourly rate when the maximum amount of hours has been surpassed.\r\nThe borderline routine wage rate varies, depending on location. rough 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 anxiety faculty working full-time hours can earn close 15,000 baht (US $375) to 150,000 baht (US $3,750) per month, depending on the level of solicitude 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 trans lated to mean at least once a month.\r\nWorkers who make slight than 2,000 SGD per month may not be infallible 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 outline in their contract. Do you think the countrys 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.\r\nHowever, I feel that Thailand still has a long way to go in establishing in force(p) environmental regulations. The people of Thailand are still engagement to get proper regs in place to keep their environment and their people safe and healthy. It seems that Thailand is reluctantly flood tide around, however, the threat 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 ethical? Explain.\r\nThailand’s hour and wage regulations are equal to(predicate); however, Singapore’s hour and wage regulation still leave way too much dwell 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. There 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 pardon of their employers.\r\nReferences\r\nhttp://online.wsj.com/article/SB10001424052748704182004575056421383885014.html\r\nhttp://www.business-in-asia.com/thai_labor_law.htm\r\nhttp://www.ehow.com/list_5989991_labor-laws-singapore.html\r\n'

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