Tag: hike
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Romualdez Promises Quick Action on Wage Hike Bill
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MANILA, Philippines — Speaker Martin Romualdez pledged on Wednesday that the House of Representatives would speed up the deliberations on a bill aimed at raising the daily minimum wage, emphasizing the need to strike a balance between workers’ needs and employers’ concerns. Romualdez made this statement after meeting on Tuesday…
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Motorists to Face Higher Fuel Prices as Retailers Announce Price Hike for 2025
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Motorists will see an increase in petroleum product prices this week as retailers announced a significant price hike on Monday to kick off 2025, following a rollback the previous week. In separate announcements, Seaoil Philippines Corp. and Shell Pilipinas Corp. stated they will raise the prices per liter of gasoline…
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NCR wage hike unlikely to hurt economy — NEDA
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THE NATIONAL Economic and Development Authority (NEDA) on Tuesday said the wage hike in Metro Manila would have little-to-no impact on growth targets, adding that it could be offset by an investment-driven expansion of the economy.
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Board approves P35 NCR wage hike
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THE REGIONAL Tripartite Wages and Productivity Board (RTWPB) has approved a P35 minimum wage hike for workers in the National Capital Region (NCR), which will take effect on July 17.
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DoTr defends planned hike in NAIA charges
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THE PLANNED HIKE in passenger service fees at the soon-to-be privatized Ninoy Aquino International Airport (NAIA) would help improve its operational efficiency, the Transportation department said, but analysts said the move is ill-timed and unjustified.
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PPA to hike cargo fees by 16%, says Philexport
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THE PHILIPPINE PORTS Authority (PPA) will be increasing cargo handling fees by 16% at the Manila ports by August, the Philippine Exporters Confederation, Inc. (Philexport) said in a bulletin.
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Philippine firms tackle wage hike conundrum
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ALEXANDER V. SUYAT, 36, trained to become a security guard in 2016 after years of working as a janitor, thinks he could earn more to support his wife and two kids.
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ERC urged to hike reserve power capacity
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THE ENERGY REGULATORY Commission (ERC) should raise the required reserve power capacity of the grid to prevent more outages in the future, an energy think tank said. “Having an increased reserve power capacity in the grid can mitigate strains and potential power outages by ensuring a greater backup power supply…