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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.....»»
Bill pushing P100 daily wage hike gets Senate nod on 2nd reading
MANILA, Philippines — The Senate on Wednesday approved on second reading a bill pushing for a P100-daily minimum wage hike for private sector workers. Senate Bill No. 2534 under Committee Report No. 190 was unanimously approved during Wednesday’s plenary session. Senate President Juan Miguel Zubiri said that once the wage hike bill gets the final.....»»
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......»»
LIST: 21 medicines added to VAT-exempt list
The Bureau of Internal Revenue has expanded its list of medicines which are exempt from the value added tax......»»
BIR expands list of VAT-exempt medicines
The Bureau of Internal Revenue has issued an updated list of value-added tax or VAT-exempt medicines for diseases such as cancer, hypertension and diabetes......»»
DOF limits tax-exempt status for pickup trucks
The Department of Finance is pushing for only one kind of pickup truck to remain tax-exempt as it insists on the removal of special excise treatment on all other types......»»
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......»»
Senators defend P100 wage hike
Senators yesterday defended their legislated salary increase recently passed on second reading, following a comment from an Employers Confederation of the Philippines (ECOP) official who called the P100 wage hike a “catastrophe.”.....»»
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......»»
Employers back staggered wage hike
The umbrella organization of employers in the country believes it is best to leave decisions on wage increases, which have historically been implemented on a staggered basis, to the regional wage boards......»»
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......»»
Workers seek Church help on wage hike
The Federation of Free Workers (FFW) is seeking the intervention of the Catholic Church for immediate passage of the pending P150 legislated nationwide wage hike......»»
Tell it to SunStar: Wage hike deliberations should tackle social justice
Tell it to SunStar: Wage hike deliberations should tackle social justice.....»»
Is the proposed wage hike good or bad for SM?
SM executives are monitoring developments over the proposed legislated wage hike, as it could push up operating costs.....»»
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.....»»
TUCP to House: Pass bill that seeks across-the-board P150 wage hike
TUCP to House: Pass bill that seeks across-the-board P150 wage hike.....»»
Labor groups cheer Senate’s approval of P100 wage hike bill
Labor groups cheer Senate’s approval of P100 wage hike bill.....»»
Senate OKs P100 wage hike bill on final reading
The P100 minimum wage hike for private sector workers has been approved on third and final reading by the Senate, with 20 affirmative votes and no negative votes or abstentions......»»
House not keen on backing Senate’s wage hike
Officials of the House of Representatives are not keen on supporting the Senate-approved P100 legislated wage hike, citing reasons such as the capacity of employers to implement the measure......»»
Business groups oppose P100 wage hike
Business groups oppose P100 wage hike.....»»