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Philippines passes bill to raise minimum wage by P200, benefiting over 5 million workers.
The Philippine House of Representatives has approved a bill to increase the daily minimum wage for private sector workers by P200, marking the first legislated wage hike since 1989.
The bill passed with 171 votes in favor and one against, and it is expected to benefit over 5 million workers.
Small businesses and BMBEs may receive exemptions.
The Senate has passed a similar bill proposing a P100 increase, setting up a conference to reconcile the differences.
The bill now awaits the President's approval.
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Filipinas aprueba un proyecto de ley para elevar el salario mínimo en P200, beneficiando a más de 5 millones de trabajadores.