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Wage hike to cut GDP growth, raise unemployment – NEDA

The proposed legislation for a P100 wage increase for private workers could shave up to 0.5 percentage point off the country’s economic growth and reverse gains ......»»

Category: financeSource:  philstarRelated NewsFeb 23rd, 2024

‘Wage hike needs to be staggered’

Go Negosyo founder Joey Concepcion said the proposed P100 wage increase should be staggered over time and should be made more sustainable through the upskilling of Filipino workers......»»

Category: newsSource:  philstarRelated NewsFeb 21st, 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

‘Legislated wage hike spells job losses’

A bill that seeks a P100 increase in the daily minimum wage for private workers nationwide could spell job losses especially in labor-intensive sectors, economists warned......»»

Category: financeSource:  philstarRelated NewsFeb 19th, 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 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

CTOO: Too early to tell lovers’ murder effect on city tourism

THE Davao City Tourism Operations Office (CTOO) says it is too early to presume the possible and direct effect on the tourism industry in the city of the recent bloody crime involving the deaths of real-life partners......»»

Category: newsSource:  sunstarRelated NewsApr 24th, 2024

30 proposals received since PPP Code took effect

The government has received up to 30 unsolicited proposals since the Public-Private Partnership (PPP) Code took effect......»»

Category: financeSource:  philstarRelated NewsApr 21st, 2024

SC: Quiboloy arrest warrant remains in effect

The arrest order issued by the Senate against Kingdom of Jesus Christ leader Apollo Quiboloy is still in effect as the Supreme Court has yet to decide on the petition of the preacher asking the SC to stop the enforcement of the arrest......»»

Category: newsSource:  philstarRelated NewsApr 17th, 2024

LTO: AO on electric vehicles still not in effect

The Land Transportation Office (LTO) clarified yesterday that an administrative order (AO) it issued requiring licensed drivers and the registration of electric bicycles and tricycles that will be driven on all public roads nationwide is still not in effect pending its publication......»»

Category: newsSource:  philstarRelated NewsMar 16th, 2024

Arrest order vs Quiboloy in effect – House panel

The order for the arrest of Kingdom of Jesus Christ (KOLC) pastor Apollo Quiboloy for contempt is already in effect, according to the House committee on legislative franchises......»»

Category: newsSource:  philstarRelated NewsMar 15th, 2024

Smoking: Research shows its lasting effect after quitting

Researchers are still discovering how smoking continues to harm people’s health even years after they quit, with a new study on Wednesday revealing tobacco’s lasting effect on the immune system. Despite the tobacco industry long fighting to conceal the dangers of smoking, tobacco is now known to kill more than eight million people globally a.....»»

Category: newsSource:  inquirerRelated NewsFeb 15th, 2024

95 areas in Davao Region still grapple with flooding

Ninety-five areas in the Davao Region continue to grapple with flooding, as reported by the Office of Civil Defense-Davao Region (OCD-Davao). Davao del Norte has the highest number of flooded areas, with 64 barangays affected, followed by Davao Oriental with 22, and Davao de Oro with nine. The region has also experienced over 50 landslides, with Davao de Oro leading with 44 incidents and eight in Davao Oriental. Tragically, a significant landslide in Monkayo, Davao de Oro resulted in nine confirmed deaths, one critical injury, and four individuals still under search and rescue operations. Davao City also recorded casualties due to heavy rains. The adverse weather conditions have affected thousands of individuals and displaced over 4,000 families in evacuation centers. The Department of Social Welfare and Development-Davao Region (DSWD-Davao) has provided assistance to the affected families. The heavy rainfall is attributed to a weather system known as a shear line, causing widespread impact in the Visayas and Mindanao areas......»»

Category: newsSource:  sunstarRelated NewsJan 19th, 2024

Wage determination should be region-specific: Dole-Davao

AN OFFICIAL from the Department of Labor and Employment-Davao Region (Dole-Davao) said that the determination of wages should be region-specific, taking into consideration socio-economic conditions, purchasing power, and poverty thresholds......»»

Category: newsSource:  sunstarRelated NewsMar 12th, 2024

P38 daily wage increase “not enough” for Davao workers

Daily wage earners in Davao City are not satisfied with the new salary increase of only P38 daily in Region 11 announced by the Department of Labor and Employment XI......»»

Category: newsSource:  davaotodayRelated NewsMar 12th, 2024

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 […].....»»

Category: newsSource:  mindanewsRelated NewsMar 11th, 2024

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......»»

Category: newsSource:  philstarRelated NewsJan 26th, 2024

Davao workers get pay hike

Minimum wage earners as well as household workers or kasambahay in Davao region will receive higher take-home pay after the Regional Tripartite Wages and Productivity Board (RTWPB) approved their petition for a salary increase......»»

Category: newsSource:  philstarRelated NewsFeb 19th, 2024

SEC updates and compliance for 2024

The implementing rules and regulations of the Revised Corporation Code of the Philippines that took effect on Feb. 23, 2019 has been released by the Securities and Exchange Commission through memorandum circulars......»»

Category: newsSource:  philstarRelated NewsJan 15th, 2024