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PHL wages now highest in region
Business World Philippines
|May 27, 2025
THE Employers Confederation of the Philippines (ECoP) said large wage hikes are no longer workable now that the Philippines has the highest minimum wages in Southeast Asia.
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“We are the highest now in ASEAN because of these yearly increases,” according to ECoP President Sergio Ortiz-Luis, Jr., referring to the practice of annual wage fixing by region, which started with the Wage Rationalization Act of 1989 (Republic Act 6727).
Mr. Ortiz-Luis made the remarks days before the employers are to participate in a May 28 wage consultation organized by the Regional Tripartite Wages and Productivity Board (RTWPB) of the National Capital Region (NCR).
Bu hikaye Business World Philippines dergisinin May 27, 2025 baskısından alınmıştır.
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