Versuchen GOLD - Frei
Labor condemns failure of minimum wage bill despite willingness to compromise on P100 hike
Business World Philippines
|June 13, 2025
LABOR GROUPS said on Thursday they were willing to compromise on a P100 legislated wage hike just before Congress adjourned.
The P100 nationwide wage hike had been the Senate’s position as the two chambers hashed out their versions of the bill in bicameral conference committee, but the two chambers failed to arrive at a compromise before time ran out.
Asked about how labor plans to proceed in the next Congress, Federation of Free Workers President Jose G. Matula said via Viber: “There will be an assessment with members of the National Wage Coalition (NWC).”
On Wednesday, Congress adjourned without approving the bicameral conference committee report on the minimum wage hike, with the two sides far apart on a final number.
At the last minute, the NWC had called on the House, which backs a P200 wage hike, to adopt the Senate’s version of the bill.
Diese Geschichte stammt aus der June 13, 2025-Ausgabe von Business World Philippines.
Abonnieren Sie Magzter GOLD, um auf Tausende kuratierter Premium-Geschichten und über 9.000 Zeitschriften und Zeitungen zuzugreifen.
Sie sind bereits Abonnent? Anmelden
WEITERE GESCHICHTEN VON Business World Philippines
Business World Philippines
FIT TO A T
The Jetour T1 Lightning i-DM looks like a Bronco, feels like an X5
3 mins
December 15, 2025
Business World Philippines
Filipinos with multiple myeloma deserve a more holistic healthcare system
Every year, an estimated 932 Filipinos are diagnosed with multiple myeloma, a cancer of the blood that develops in plasma cells found in the bone marrow. Plasma cells are a type of white blood cell responsible for producing antibodies that help the body fight infection.
3 mins
December 15, 2025
Business World Philippines
New fish import rules aim for digital traceability, IUUF enforcement boost
THE Department of Agriculture said its new rules for importing fish and fishery products will introduce digitized supply chain traceability and strengthen safeguards against illegal, unreported, and unregulated fishing (IUUF).
1 min
December 15, 2025
Business World Philippines
Garment, textile growth seen at 2-5% in 2026 amid US tariff concession hopes
EXPORTS of garments, textiles, and apparel are expected to grow between 2% and 5% next year as the government negotiates a lower tariff with the US and as the industry explores new markets.
1 mins
December 15, 2025
Business World Philippines
Generational Money Mindsets: Spending, Saving, and Investing
How Filipinos across generations are redefining what “money” means to them
5 mins
December 15, 2025
Business World Philippines
Growth in big banks' assets, loans slowed sharply in Q3
THE PHILIPPINES' largest banks saw the weakest asset growth in over three years in the third quarter as the flood control mess weighed on economic activity.
3 mins
December 15, 2025
Business World Philippines
T-bill rates may drop on BSP cut
RATES of the Treasury bills (T-bills) on offer this week could end slightly lower after the Bangko Sentral ng Pilipinas (BSP) lowered borrowing costs again and with the US Federal Reserve’s policy path still uncertain.
2 mins
December 15, 2025
Business World Philippines
Debt yields rise as BSP easing cycle nears end
YIELDS on government securities (GS) traded in the secondary market mostly rose last week after the Bangko Sentral ng Pilipinas (BSP) signaled an imminent end to its easing cycle.
2 mins
December 15, 2025
Business World Philippines
Winford Manila kicks off holidays in 'full bloom'
THE HOLIDAY FESTIVITIES have fully bloomed at Winford Resort & Casino Manila, with the lighting of its Christmas tree (in photo) and the launch of Flourish in Full Bloom art exhibit by the University of the Philippines College of Fine Arts Alumni Association, Inc. (UPCFAAAI).
1 min
December 15, 2025
Business World Philippines
Xin Tian Di bags triple win at World Luxury Restaurant Awards 2025
CROWNE PLAZA Manila Galleria & Holiday Inn & Suites Manila Galleria celebrate excellence in authentic Chinese dining as its signature Chinese restaurant, Xin Tian Di, has achieved a triple victory at the prestigious 2025 World Luxury Awards, earning the distinctions of Best Chinese Cuisine in Asia, Best Authentic Cuisine in the Philippines, and Best Head Chef in the Philippines for Executive Chef David Chu.
1 min
December 15, 2025
Listen
Translate
Change font size
