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International Legal and Ethical Issues in Business

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International Legal and Ethical Issues in Business
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 been used to Thailand’s loose environmental regulation, however, the country’s government is now struggling to deal with tough new environmental regulations. An upheaval from residents in some of the more industrial areas of Thailand has set in motion a movement to toughen environmental regulations, which has many companies like Ford thinking of relocating some of its manufacturing 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 not compromise the health of their people. Violators of the environmental regulations in Singapore may even face mandatory jail time if found guilty of participating in activities that are deemed harmful to the environment and the people living in the area.

What 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 good labor laws in place to protect it’s citizens. The most hours a person can work per day in



References: Hookway, J. & Watcharasakwet, W. (March 4, 2010). Thailand Tightens Environmental Regulation. The Wall Street Journal. Retrieved on September 26, 2010 from http://online.wsj.com/article/SB10001424052748704182004575056421383885014.html Overview of Environmental, Health and Safety Laws in Singapore. (n.d.) Corporate Learning and Consultancy. Retrieved on September 26, 2010 from http://www.psb-academy.edu.sg/clc/detail/159/0/Overview-of-Environmental-Health-and-Safety-Laws-in-Singapore/ An Overview of Thailand’s Labor Regulations. (n.d.) Thailand Board of Investment’s Investment Review Publication. Retrieved on September 26, 2010 from http://www.business-in-asia.com/thai_labor_law.htm Bernhardt, S. (February 15, 2010). Labor Laws in Singapore. Retrieved on September 26, 2010 from http://www.ehow.com/list_5989991_labor-laws-singapore.html

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