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Philippine daily wage insufficient to meet family living expenses
MANILA, Philippines — The nationwide daily wage disparity averaged P762 as of March 2024, with the daily minimum wage averaging only P440, the think tank Ibon Foundation said on Wednesday. Data from the Ibon Foundation showed that the wage gap was computed based on the average daily minimum wage and the average family living wage.....»»
Sustainable Practices for Small Businesses
As news about how microplastics have been harming fish for years adds up to the environmental problems the world is now facing, there is now the need for businesses to have an urgent focus on sustainability to not do any more damage to the environment. Small businesses, often the backbone of local economies, have a […].....»»
Consumers express mixed reactions on slight power rate increase
Consumers of Davao Light and Power Co., Inc. have expressed mixed reactions to a slight increase in the overall power rate starting January 2024. The increase is attributed to higher market prices affecting the generation rate. Noriza Mabanding, a virtual assistant, noted the impact on her energy usage and the need to schedule appliance usage to save energy. Jenalyn Manguiob, a small business owner, expressed dissatisfaction with the increase's effect on her business but acknowledged the global market's influence and the importance of conserving energy. The increase amounts to P0.0774 per kWh, resulting in a minor increase in electricity bills for residential customers......»»
3 Tips for Small Businesses to Take Advantage of Major Events
There are a lot of important events throughout the year that can provide businesses with the chance to increase their sales. These events include fun and festive occasions like fiestas, as well as popular holidays such as Christmas, Halloween, and Valentine’s Day. For small businesses, seizing opportunities during major events can be a game-changer. Picture […].....»»
Lawmaker proposes gradual 3-year wage hike for private workers
A lawmaker on Wednesday proposed gradually increasing the minimum daily wage for private sector workers by P100 over three years. Manila Rep. Joel Chua believes this approach would be manageable for businesses still recovering from the pandemic. He emphasized the importance of balancing the interests of workers and businesses while implementing the wage hike. A.....»»
Employers buck legislated P100 wage hike
A Senate bill seeking a P100 increase in the daily minimum wage for private sector workers nationwide is facing opposition from employers who say this will hurt micro and small businesses and dampen investors’ appetite......»»
Employers’ group asks President Marcos: Veto P100 wage hike law
President Marcos should veto a proposed measure legislating a P100 daily across-the-board increase for the private sector as there is no way that small businesses can comply with the legislated wage hike, Employers Confederation of the Philippines (ECOP) chairman Sergio Ortiz-Luis Jr. said yesterday......»»
Flip Your Biz: Empowering Women Entrepreneurs in Cebu
The GREAT Women Collective, in partnership with HoliCOW PH, proudly presents “Flip Your Biz,” a gathering of women entrepreneurs and luminaries of varying industries in Cebu City to share best practices, and foster important conversations on gender, business, and related socio-economic issues and impact. Slated for February 1, 2024, this intimate gathering and workshop at.....»»
Workers buck wage hike in installments
Stressing the need for a one-time significant wage increase to effectively stimulate the local economy, labor group Federation of Free Workers has rejected the proposal by some legislators and the business sector for an installment-based legislated wage increase......»»
DOLE-Davao vows to strictly monitor compliance of employers with new wage order
DAVAO CITY (MindaNews / 11 March) – The Department of Labor and Employment (DOLE) – Davao Region vowed Monday to strictly monitor the enforcement of the daily wage increase in the area, warning non-compliant employers they could be meted hefty penalties with possible imprisonment. DOLE-Davao director Atty. Randolf C. Pensoy told the Kapehan sa Dabaw that the Regional […].....»»
Senate OKs on second reading P100 wage hike
The Senate approved on second reading yesterday a bill seeking a P100 daily minimum wage increase for private sector workers – a Valentine’s gift to minimum wage earners......»»
RTWPB 7 to hold public hearing for Kasambahay wage hike
CEBU CITY, Philippines — The Regional Tripartite Wages and Productivity Board (RTWPB)-7 will hold a public hearing on April 7 for the increase of the minimum wage for “Kasambahay” or housemaids. The public hearing will be held at the Grub Hub Food Park, Belmont One, Barangay Upper Calajoan in Minglanilla town. The activity will start.....»»
Small businesses may make up 60% of Philippines GDP – Visa
Small businesses in the Philippines may produce as much as 60 percent of the country’s gross domestic product (GDP) if financial institutions and the government could help the sector grow in the coming years, according to global digital payments platform Visa......»»
Why small businesses fail
Contributing editor Jeff Hayden writes in Inc. Magazine that most US businesses are small......»»
Cebu, Mandaue biz chambers welcome new leaders
Cebu, Mandaue biz chambers welcome new leaders.....»»
Flip Your Biz: Empowering Women Entrepreneurs in Cebu
Flip Your Biz: Empowering Women Entrepreneurs in Cebu.....»»
PCCI: P100 wage hike to hurt SMEs
The proposed P100 daily minimum wage increase for private sector workers may hurt small and medium enterprise in the country as it may lead to the reduction of their workforce or even closure, the Philippine Chamber of Commerce and Industry warned......»»
4 Reasons Why Small Families Should Buy a Condo
Investing in a condo with a great location is a tempting offer, and this becomes more so with small families who are considering moving to the Meyer Blue condo. Here are four compelling reasons for small families and couples to move into one as soon as they can. The View An excellent view of the […] The post 4 Reasons Why Small Families Should Buy a Condo appeared first on Kagay An......»»
House eyes bigger wage hike of up to P350 a day
MANILA, Philippines — The House of Representatives is considering a daily minimum wage hike for all private sector workers higher than the P100 proposed by the Senate, including a bill seeking a P350 increase. In a statement on Sunday, House Majority Leader Manuel Jose Dalipe pointed out that the chamber’s members arrived at a consensus.....»»
New beginnings for ‘Beauty and the Biz’ host Joby Linsangan-Moreno
Host-entrepreneur Joby Linsangan-Moreno has admitted to feeling “disappointed yet relieved” upon learning that the airing of Kapamilya show “Beauty and the Biz” Season 3 will no longer push through due to unforeseen circumstances......»»