P35 wage hike in MM starts July 17
The Philippine Star|July 15, 2024
The daily minimum wage for workers in the National Capital Region NCR) will increase by P35 on July 17.
MAYEN JAYMALIN

Implementation of the new wage order in Metro Manila will not be affected by the pending appeal filed by labor groups, according to Department of Labor and EmploymentNCR director Sarah Mirasol.

“The appeal will not defer the effectivity of the wage order, which will start on July 17,” Mirasol said over the weekend.

A petition to reverse the Regional Tripartite Wages and Productivity Board’s wage order was filed by the Unity for Wage Increase Now (UWIN) and other labor groups before the National Wages and Productivity Commission.

Labor groups asked the NWPC to set aside the P35 wage hike and declare a daily minimum wage of P1,207, which is considered by the IBON Foundation as the average family living wage in the NCR.

They also demanded Labor Secretary Bienvenido Laguesma’s resignation for failing to “uphold the interest of workers.”

Esta historia es de la edición July 15, 2024 de The Philippine Star.

Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.

Esta historia es de la edición July 15, 2024 de The Philippine Star.

Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.

MÁS HISTORIAS DE THE PHILIPPINE STARVer todo
The Philippine Star

ALI ind'l unit heating up cold storage business

The industrial real estate unit of property giant Ayala Land Inc is heating up its cold storage business as it looks to become a major player in the segment over the next five years.

time-read
2 minutos  |
September 17, 2024
The Philippine Star

Financial resources grow 10% as of July

The total resources of the country's financial system breached the P32-trillion level, posting a double-digit growth in the first seven months of the year, preliminary data from the Bangko Sentral ng Pilipinas (BSP) showed.

time-read
1 min  |
September 17, 2024
The Philippine Star

Gov't urged to assist online sellers in BIR registration

Online entrepreneurs should be given proper assistance to comply with Bureau of Internal Revenue (BIR) registration requirements as the tax agency starts a crackdown on unregistered entities, an advocacy group said.

time-read
1 min  |
September 17, 2024
The Philippine Star

FLI diversifies into condotels

Filinvest Land Inc.(FLI) is adding the condotel business in its diverse project portfolio with the acquisition of outstanding shares in Fora Services Inc. (FOSI).

time-read
1 min  |
September 17, 2024
The Philippine Star

Maya, Grab team up for instant credit

Digital lender Maya Bank has partnered with Grab Philippines to offer instant credit services among eligible users, boosting Filipinos' access to financial solutions while integrating more convenience into their daily lives.

time-read
2 minutos  |
September 17, 2024
The Philippine Star

SMIC sees better H2 performance

Analysts see a stronger second half performance for the investment holding company of the Sy family.

time-read
1 min  |
September 17, 2024
The Philippine Star

SM Hotels taps TUV Rheinland for food safety, hygiene policies

SM Hotels and Conventions Corp.(SMHCC) has tapped testing service provider TUV Rheinland to ensure the highest standards of safety and quality for dining experiences.

time-read
1 min  |
September 17, 2024
The Philippine Star

Expanded regulatory power of GCG pushed

The Governance Commission on GOCCS (GCG) is expected to expand its regulatory powers once the 13-year-old law surrounding its mandate is amended.

time-read
1 min  |
September 17, 2024
The Philippine Star

Compliance woes stall Pag-IBIG home loan releases

The Home Development Mutual Fund, commonly known as Pag-IBIG Fund, is facing challenges in the release of its housing loans, with only a little over 50 percent of the target reached as of August.

time-read
2 minutos  |
September 17, 2024
The Philippine Star

Phl bond market slows in Q2

Philippine bond market growth moderated in the second quarter from the previous quarter due to lower government and corporate issuances, the Asian Development Bank (ADB) said.

time-read
1 min  |
September 17, 2024