MANILA, Philippines — AT least 10 business groups are opposed to the proposed P200 legislated wage increase approved by the House of Representatives on third and final reading, a counterpart measure to the P100 wage increase approved by the Senate last year. These are the Federation of Filipino-Chinese Chambers of Commerce and Industry, Inc. (FFCCCII), … Read more
MICRO, small and medium enterprises (MSMEs) should be taken into consideration before making a decision on the proposed P200 daily wage increase, the Department of Labor and Employment (DOLE) said on Saturday. “Whether it’s doable or not doable, perhaps to put it in its proper context, out of the more than 1 million enterprises in … Read more
Solo. Former President Joko “Jokowi” Widodo has voiced support for the government’s decision to raise the value-added tax (VAT) rate from 11 percent to 12 percent, despite public opposition. “The government must have already conducted calculations and considerations regarding the concerns raised by the public,” Jokowi said on Friday in Solo, Central Java. The VAT hike, … Read more