The Securities and Exchange Commission (SEC) will meet with business groups on Thursday, Oct. 12, to discuss complaints on the proposed revised schedule of certain fees and charges which is deemed too high. In a statement, the SEC welcomed the points and notes the concerns raised by business groups...
President Ferdinand "Bongbong" Marcos Jr.'s overseas trips are one of the main drivers of the increasing employment rate in the country, the Employers Confederation of the Philippines (ECOP) said. President Ferdinand Marcos Jr. and First Lady Liza Araneta-Marcos (Ali Vicoy/MANILA BULLETIN) ECOP...
Ease of doing business to reduce corruption in government topped the wish list of the business sector that they want President Marcos to commit in his second State of the Nation Address (SONA) today, July 24. Philippine Chamber of Commerce and Industry President George T. Barcelon said that top of...
Despite the advancements in technology, particularly AI (artificial intelligence), employers vowed that people should always be priority and they cannot be replaced by robots. This was stressed by Employers Confederation of the Philippines (ECOP) Chairman Edgardo G. Lacson at the opening Tuesday,...
At no time in recent history when an act of Congress has sparked a swift reaction from business than Senate President Juan Miguel Zubiri’s bill of an across-the-board wage increase of employees in the private sector. Led by ECOP, PCCI , and Philexport, eight business groups including the...
The country’s largest business associations, which employ the bulk of formal workers in the Philippines, totally rejected the planned legislated wage hike stating this move is more inimical to the estimated 42 million informal workers in the country as they cannot benefit from such a wage hike....
Employers are pointing out that only ten percent of the country’s roughly 50 million labor force will benefit from a legislated minimum wage hike, while a large majority of 90 percent will be further disadvantaged from such measure. Sergio Ortiz-Luis Jr., president of the Employers Confederation...
The Philippines ranked second highest in salary rate among ASEAN countries, the Employers Confederation of the Philippines (ECOP) said amid clamor and a pending bill in the Senate seeking for P150 increase in the daily minimum wage rate. ECOP President Sergio Ortiz-Luis Jr. said in an interview at...
The Employers Confederation of the Philippines (ECOP) and the Technical Education and Skills Development Authority (TESDA) recently signed a memorandum of agreement on making skills development more responsive to the future of employment. As we sign the agreement, we reaffirm ECOP’s commitment in...
Employers said they are continuously hiring, but stressed that the most qualified applicants will get the first crack at job openings as the local labor pool persists to be bogged down by mismatch in skills against industry demand. Sergio Ortiz-Luis, Jr., president of the Employers Confederation of...
A business leader believes that President Ferdinand "Bongbong" Marcos Jr.'s push to open the economy and create jobs pushed the country's employment rate to pick up. (Photo by Ali Vicoy) Employers Confederation of the Philippines (ECOP) President Sergio Ortiz-Luis Jr. said this after noting that...
Business groups have identified 24 priority legislative measures that President Ferdinand Marcos Jr. should certify as urgent for the immediate passage by the 19 th Congress to achieve the goals of economic recovery and ensure sustainable long term growth for the country. The list of the bills,...
