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Philippines approves record wage hike amid soaring costs

By PulseAugur Editorial · [1 sources] ·

The Philippines has approved a record-breaking wage increase for minimum wage earners in Metro Manila, set to be implemented in two stages. While the government has hailed the raise as historic, labor groups and economists argue that the increase is insufficient to combat the rapidly rising cost of living. The new daily wage for non-agricultural workers will rise from 695 pesos to 755 pesos this month, and then to 780 pesos by January. AI

RANK_REASON Significant policy change regarding wages in a major economic region. [lever_c_demoted from significant: ic=1 ai=0.1]

Read on SCMP — Tech →

AI-generated summary · Google Gemini · from 1 sources. How we write summaries →

Philippines approves record wage hike amid soaring costs

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Significant policy change regarding wages in a major economic region. [lever_c_demoted from significant: ic=1 ai=0.1]
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COVERAGE [1]

  1. SCMP — Tech TIER_1 English(EN) · Sam Beltran ·

    Philippines’ record capital wage rise leaves workers hungry for more

    In the Philippine capital, 85 pesos (US$1.40) is barely enough to buy a meal for one, let alone a family of five. Yet that modest sum, roughly the price of 1½kg of premium imported rice, is the largest single wage increase ever approved for Metro Manila’s minimum-wage earners. Th…

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