Fil-Chinese chambers caution vs abrupt, shotgun wage hike

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The story "Fil-Chinese chambers caution vs abrupt, shotgun wage hike" was covered 12 hours ago by Business Mirror, a news publisher based in Philippines.

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Fil-Chinese chambers caution vs abrupt, shotgun wage hike - Business Mirror

Quick Summary:

THE government should conduct thorough studies and consult with all sectors before implementing an "abrupt” nationwide implementation of a daily wage hike to avoid "jeopardizing” business sustainability, the Federation of Filipino Chinese Chambers of Commerce and Industry Inc.(FFCCCII) said.

He pointed out that if wages rise “too high” unilaterally and too drastically, “We the businesses here in the Philippines might lose our global competitiveness….

With this, the FFCCCII President made a call to all stakeholders: “Let us unite in conducting careful studies, fair consultations, and crafting realistic solutions for a stronger and more inclusive economy.