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‘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

Meralco powers up profit by 37 percent in 2023

Manila Electric Co., the country’s biggest power utility, said its core earnings went up by 37 percent to P37.1 billion last year, powered by contributions from its power generation and retail electricity businesses, as well as the continued increase in energy sold by its distribution utility business......»»

Category: financeSource:  philstarRelated NewsFeb 26th, 2024

DigiPlus allots P100 million for corporate outreach

Listed retail gaming provider DigiPlus Interactive Corp. is raising five-fold its planned spending on various projects and initiatives that provide support to important causes through the BingoPlus Foundation......»»

Category: financeSource:  philstarRelated NewsMar 5th, 2024

UnionBank to scale up retail business this year

Union Bank of the Philippines is further growing its retail business and enhancing its profitability this year, along with unlocking the full potential of the acquired consumer segment of Citi and maintaining the growth of its digital bank......»»

Category: financeSource:  philstarRelated NewsApr 28th, 2024

Cebu-based Metro retail posts P618 million net income in 2023

Cebu-based Metro retail posts P618 million net income in 2023.....»»

Category: newsSource:  sunstarRelated NewsApr 18th, 2024

Metro Retail opens new distribution center in Luzon

Metro Retail Stores Group Inc. fortified its growth initiative in Luzon with the inauguration of its new distribution center in Santa Rosa, Laguna......»»

Category: financeSource:  philstarRelated NewsApr 5th, 2024

BDO feted at Retail Banker International Asia Trailblazer Awards 2024

BDO feted at Retail Banker International Asia Trailblazer Awards 2024.....»»

Category: newsSource:  sunstarRelated NewsApr 4th, 2024

Galunggong retail price up 20 percent

The retail price of galunggong or round scad has increased by 20 percent as fish demand rises during the Holy Week......»»

Category: newsSource:  philstarRelated NewsMar 26th, 2024

Retail Sales in US Fall Short of Expectations Following Previous Month’s Decline

US retail sales saw a slight increase of 0.6% in February, falling short of predictions and sparking worries about consumer spending strength. This uptick follows.....»»

Category: newsSource:  thedailyguardianRelated NewsMar 15th, 2024

MPower renews supply deal with Pioneer Highlands

Power, the local retail electricity supplier of Manila Electric Co. (Meralco) has renewed its retail supply agreement with Pioneer Highlands South Condominium Corp......»»

Category: financeSource:  philstarRelated NewsMar 15th, 2024