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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......»»
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......»»
Senate eyes OK of P100 minimum wage hike
Senators are hoping to approve this week the proposed P100 increase for minimum wage earners as a Valentine’s gift to Filipino workers, Sen. Nancy Binay said yesterday......»»
Government fully awards P30 billion T-bonds at higher rates
The government secured P30 billion in long-term securities yesterday but at slightly higher rates after inflation picked up and ended four months of easing......»»
Maynilad spending P30 billion for service improvements
West Zone concessionaire Maynilad Water Services Inc. is setting aside as much as P30 billion for capital expenditures (capex) this year to continue service improvements amid the ongoing threat of the El Niño weather phenomenon......»»
Government eyes P30 billion from 30th RTB issue
The government is borrowing at least P30 billion from small creditors as the Marcos administration sets its third offering of retail Treasury bonds (RTBs) to expand state coffers and finance various projects......»»
Rice tariff collections hit P30 billion in 2023
Tariff collections from 3.6 million metric tons of rice imports likely reached a record P30 billion in 2023 on the back of a weaker peso and higher global grain prices......»»
Government borrows P30 billion from T-bonds
The government secured P30 billion from the local debt market via the fresh issuance of long-term securities, with the coupon rate set slightly higher than secondary markets......»»
Philippine bank assets swell to P30 trillion
The total resources of the country’s financial system went up by almost 10 percent to breach the P30-trillion level, the Bangko Sentral ng Pilipinas said......»»
Government raises P30 billion from T-bond sale
The government secured P30 billion from the local debt market through the fresh issuance of long-term securities with the coupon rate set above secondary markets......»»
New wage rates for workers in BARMM set
A regional cross-section wage board and the Bangsamoro labor ministry are now finalizing a new pay scheme for workers in the autonomous region for enforcement by February......»»
RTWPB-XI to conduct public hearing on minimum wage adjustment for private sector, domestic workers
RTWPB-XI to conduct public hearing on minimum wage adjustment for private sector, domestic workers.....»»
Calabarzon domestic workers to get pay hike
Domestic workers in Calabarzon will get an increase in their monthly salary......»»
Davao region workers to get pay hike soon
Minimum wage earners in Davao region are expected to receive a higher take-home pay soon as the Regional Tripartite Wages and Productivity Board (RTWPB) has deliberated on a petition for a salary increase, according to the Department of Labor and Employment......»»
No Labor Day wage increase
Workers demanding a salary increase will be disappointed as there will be no announcement of a wage hike this Labor Day......»»
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.....»»
DOLE-Davao exec calls on Congress to carefully study uniform daily wage hike bill
DAVAO CITY (MindaNews / 11 March) – The legislative push for a nationwide P100 to P400 daily increase for minimum wage earners in the private sector “must be compatible with the socio-economic conditions and purchasing power of each region,” an official from the Department of Labor and Employment – Davao Region (DOLE-Davao) said. “If Congress […].....»»
Concepcion: Creating jobs more sustainable than legislated wage hike
A skilled workforce and a vibrant economy that creates jobs are a more sustainable approach to attaining higher wages instead of immediately increasing the minimum wage, according to entrepreneurship advocacy group Go Negosyo......»»
House panel to start deliberations on wage hike tomorrow
The House committee on labor and employment will start tomorrow deliberations on various bills proposing wage adjustments amid the high inflation rate in the country......»»
Domestic workers in 13 regions get pay hike
Domestic workers in 13 regions have received an increase in their salary, according to the Department of Labor and Employment......»»