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Business leaders cite inflationary risk in proposed legislated wage hike

Key business figures led by Employers Confederation of the Philippines (ECOP) President Sergio Ortiz-Luis Jr., who is also newly-reelected Philippine Exporters Confederation, Inc. (Philexport) President, expressed opposition to the reported plan by some senators to legislate a P100 across-the-board increase in the minimum wage. ECOP Director and Philippine Chamber of… ....

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