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Labor groups cheer Senate’s approval of P100 wage hike bill

Labor groups cheer Senate’s approval of P100 wage hike bill.....»»

Category: newsSource:  sunstarRelated NewsFeb 21st, 2024

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......»»

Category: newsSource:  philstarRelated NewsFeb 19th, 2024

‘Informal workers to benefit from P100 wage hike’

Contrary to an employers’ group’s claim, informal workers would also benefit from the proposed P100 legislated wage increase, according to labor group Partido ng Manggagawa......»»

Category: newsSource:  philstarRelated NewsFeb 19th, 2024

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.”.....»»

Category: newsSource:  philstarRelated NewsFeb 18th, 2024

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......»»

Category: financeSource:  philstarRelated NewsFeb 17th, 2024

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......»»

Category: newsSource:  philstarRelated NewsFeb 16th, 2024

Business groups oppose P100 wage hike

Business groups oppose P100 wage hike.....»»

Category: newsSource:  sunstarRelated NewsFeb 15th, 2024

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......»»

Category: newsSource:  philstarRelated NewsFeb 15th, 2024

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.....»»

Category: newsSource:  inquirerRelated NewsFeb 15th, 2024

Labor group defends proposed P100 daily minimum wage increase

Labor group defends proposed P100 daily minimum wage increase.....»»

Category: newsSource:  sunstarRelated NewsFeb 14th, 2024

P100-M illegal drugs seized in 3 days in Central Visayas

P100-M illegal drugs seized in 3 days in Central Visayas.....»»

Category: newsSource:  sunstarRelated NewsFeb 12th, 2024

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......»»

Category: newsSource:  philstarRelated NewsFeb 11th, 2024

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......»»

Category: newsSource:  philstarRelated NewsFeb 11th, 2024

BPI eyes return to debt markets in 1st half

Bank of the Philippine Islands is looking to tap the local and foreign debt markets within the first half of the year to raise funds to refinance its maturing obligations and beef up its lending portfolio......»»

Category: financeSource:  philstarRelated NewsFeb 9th, 2024

Struggling with credit card debt: Renters and low-income individuals fall behind – The Daily Guardian

Title: Financial Challenges Persist for Certain U.S. Population Despite Strong Economy Subtitle: Rising inflation, credit card debt, and student loan burdens threaten the financial well-being.....»»

Category: newsSource:  inquirerRelated NewsFeb 6th, 2024

Government to limit debt as new taxes hang

With outstanding debt at a record high, the government may have to go slow with its borrowing spree, at least for now, amid its no new taxes stance and the still elevated interest rate environment......»»

Category: financeSource:  philstarRelated NewsFeb 3rd, 2024

PH debt rose to P14.62 trillion in 2023

PH debt rose to P14.62 trillion in 2023.....»»

Category: sportsSource:  abscbnRelated NewsFeb 2nd, 2024

Philippines debt hits record P14.6 trillion

The Marcos administration has so far incurred P1.82 trillion in debt since it assumed office, largely due to a high interest rate environment, pushing the country’s outstanding obligation to an all-time high of P14.62 trillion in 2023, according to the Bureau of the Treasury......»»

Category: financeSource:  philstarRelated NewsJan 31st, 2024

List or sell? PLDT weighs options on data centers

Telco-to-tech provider PLDT Inc. is open to the possibility of listing a real estate investment trust in the Philippine Stock Exchange, eyeing to raise fresh capital from its data center business for debt payments......»»

Category: financeSource:  philstarRelated NewsMay 9th, 2024

DA backs allowing NFA to sell rice in markets

The Department of Agriculture supports the move of Speaker Martin Romualdez to amend the Rice Tariffication Law (RTL) to allow the National Food Authority (NFA) to sell rice in the markets, DA Assistant Secretary and spokesman Arnel de Mesa said yesterday......»»

Category: newsSource:  philstarRelated NewsMay 3rd, 2024