Wage hike pushed, opposed malaya.com.ph - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from malaya.com.ph Daily Mail and Mail on Sunday newspapers.
A wage increase is a sure threat against efforts to invite more investors, according to business groups. In a May 17, 2023 letter to Sen. Jinggoy Estrada, .
Biz groups: Proposed ₱150 wage hike will hurt MSMEs, informal workers more cnnphilippines.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cnnphilippines.com Daily Mail and Mail on Sunday newspapers.
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.