Friday, 07 October 2016 12:04

Killings, curses and wages

I’ve heard a good number of businesspeople say it’s not extrajudicial killings or President Duterte’s colorful language that has put major investments on hold. It’s more of the prospect of a substantial mandated wage increase. The number floating around for years as the desired hike in daily wage is P125, proposed to be legislated and applied nationally and across the board. Top officials of the Department of Labor and Employment have reportedly claimed that the President now wants the salary of workers in the provinces to be at par with those in Metro Manila, and have ordered all the regional wage boards to study a general wage increase.
Published in Commentaries