The National Economic and Development Authority (NEDA) has cautioned that the proposed P100 wage hike could present financial difficulties for micro, small, and medium enterprises (MSMEs). NEDA Undersecretary Rosemarie G. Edillon said the recently implemented tax relief, intended to assist...
Marikina City 2nd Rep. Stella Quimbo (Ellson Quismorio/ MANILA BULLETIN) An economist-lawmaker is urging the Philippine Health Insurance Corporation (PhilHealth) to temporarily suspend the premium rates contributions for all minimum wage earners,...
The Senate on Monday, February 19 approved on third and final reading the bill mandating a P100-daily pay increase for daily minimum wage earners estimated to be around 4.2 million nationwide. Twenty (20) senators voted in favor of the approval of Senate Bill No. 2534 or the proposed P100...
Starting March 7, the daily take-home pay of minimum wage earners and monthly salary of domestic workers in Region XI will increase following the approval of the Regional Tripartite Wages and Productivity Boards (RTWPB), the Department of Labor and Employment (DOLE) has announced. Wage Order No. RB...
Senate Minority Leader Aquilino "Koko" Pimentel III told the public to shun the narrative that the proposed P100-minimum wage hike would be catastrophic for the country as this could further aggravate inflation. In a radio interview on DWIZ, Pimentel said that the country has to think out of the...
(MANILA BULLETIN) Speaker Martin Romualdez's marching orders to House members is to pass a wage hike measure that ultimately won't turn into a false promise to Filipino workers. House Deputy Majority Leader Iloilo 1st district...
The Senate approved on Wednesday, Feb. 14 on second reading a bill proposing an increase of P100 in the daily minimum wage for private sector workers in the entire country, which is estimated to benefit over 4.2 million minimum wage earners. Once enacted, Senate Bill (SB) No. 2534 or the P100 Daily...
While the proposed wage increase is meant to support workers, the Department of Finance (DOF) is concerned that it could lead to inflationary pressures and impose a heavier burden on small business owners. Finance Secretary Ralph G. Recto said on Thursday, Feb. 15, that the proposed legislation for...
Department of Labor and Employment (DOLE) Secretary Bienvenido Laguesma said that the intended P100 minimum wage increase in the private sector might create inflationary effects. Citing data from the National Wages and Productivity Commission (NWPC), Laguesma said the proposed pay increase...
The Department of Labor and Employment (DOLE) has expressed willingness to share inputs in the proposal before the Senate to increase the daily minimum wage by P100. DOLE Secretary Bienvenido Laguesma said the department recognizes the power of the Congress to push for legislative salary increase,...
Taiwan has passed a minimum wage law that is set to benefit close to 124,000 Filipino factory workers, the Manila Economic and Cultural Office (MECO) said on Sunday, Dec. 24. MECO chairman and resident representative Silvestre H. Bello III said the new Minimum Wage Act affirmed the wage increase...
TUGUEGARAO CITY, Cagayan – The daily minimum wage of workers in the private sector in Region 2 (Cagayan Valley) will increase by P30 and it will be given in two tranches. Director Jesus Elpidio Atal, Department of Labor and Employment (DOLE)-Region 2 chief, confirmed the wage increase which was...
