TRADE Secretary Alfredo Pascual affirmed the government's support to businesses following the approval of a minimum wage increase for the National Capital Region (NCR).
TRADE Secretary Alfredo Pascual affirmed the government's support to businesses following the approval of a minimum wage increase for the National Capital Region .'We acknowledge that businesses may encounter challenges with this adjustment. Therefore, it is crucial to strike a balance between the needs of our workers and the sustainability of our enterprises,' Pascual said Monday night.
of Trade and Industry Secretary Alfredo Pascual. The DTI will collaborate closely with other government agencies and stakeholders to monitor the impact of this wage increase and to facilitate a smooth adaptation process for all sectors involved,' the trade chief said.Pascual said that the latest minimum wage increase for the NCR marked a significant step toward enhancing the welfare of Filipino workers as it aligned with the latest regional poverty threshold.From January to June 2023, the number of poor Filipinos dropped to 25.
DTI To Monitor Impact Of NCR Wage Hike
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