News Formal

Cebu biz leader warns of business closures, job creation slowdowns after ‘historic’ P31 increase in minimum wage rate

  • 📰 cebudailynews
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 71%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

CEBU CITY, Philippines - Several members of the Cebu business community expressed concerns over the decision of the government to impose a P31-increase in the daily minimum wage in Central

Labor groups are pushing for a P140 wage increase for Central Visayas laborers like these road construction workers.

In a text message sent to CDN Digital, Yu said micro, small and medium enterprises will be facing a ‘longer and delayed’ journey to full recovery. Or worse, they may suffer downsizing and closures, he added. The Regional Tripartite Wages and Productivity Board in Central Visayas on May 24, 2022 announced that the body agreed to impose a P31-increase in the daily minimum wage, the highest rate granted in the region so far.

 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.
이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 8. in KR

대한민국 최근 뉴스, 대한민국 헤드 라인