The government is not expected to announce a nationwide wage increase as Labor Day is marked today.
A populist initiative in the Senate to legislate a hefty wage increase nationwide has failed to gain traction at the House of Representatives, amid calls from all business groups to leave wage-setting to the regional tripartite wages and productivity boards – the mechanism provided by law.
The country, however, continues to trail its neighbors in attracting or generating the economic activities that create such employment and livelihood opportunities. Through legislation, the economy has been opened up in many key areas, even without amending the Constitution, and tax and other incentives dangled to attract investments. Still, local and foreign investors alike continue to complain about hindrances that have persisted for many years now.
Hate crimes are appalling as they are heartbreaking but especially Asian hate crimes because Filipinos are among the victims. The stories and videos that made it to our timelines since the problem erupted during... The Philippines’ two largest conglomerates are powering the country’s robust economic growth this year and in the coming years.
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