Wage debate in the Philippines intensifies - OBG

Wage debate in the Philippines intensifies

Foreign firms have objected to trade union proposals to raise the minimum wage, fearing this will cost the Philippines its competitive edge in what is an increasingly tough global investment climate. However, unions say the changes are crucial as workers need to shoulder increasing utility costs.
Citing inflation-based increases in the cost of essentials such as electricity, water, liquefied petroleum gas and school tuition, in July the Trade Union Congress of the Philippines (TUCP) reiterated a formal request that the Regional Tripartite Wages and Productivity Board (RTWPB) in the National Capital Region (NCR) raise the daily minimum wage in Metro Manila ... Read more.

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