Close Menu
Aspire Market Guides
  • Home
  • Alternative Investments
  • Cryptocurrency
  • Economics
  • Equity Investments
  • Mutual Funds
  • Real Estate
  • Trading
What's Hot

Global Equity Fund Inflows Rise on Earnings Optimism, Rate Pause Hopes

August 15, 2026

Solana could become the “everything chain” for crypto

August 15, 2026

Debt mutual funds attracted Rs 1.87 lakh crore in July after two months of outflows. Is the trend set to continue? – The Economic Times

August 15, 2026
Facebook X (Twitter) Instagram
Trending:
  • Global Equity Fund Inflows Rise on Earnings Optimism, Rate Pause Hopes
  • Solana could become the “everything chain” for crypto
  • Debt mutual funds attracted Rs 1.87 lakh crore in July after two months of outflows. Is the trend set to continue? – The Economic Times
  • What is utility token | How UTILITY Works, Use Cases and Values
  • MSP Metro named the most distressed real estate market in the nation
  • The real cost of your index fund is not the expense ratio
  • Grayscale quietly killed three altcoin ETFs two days before Cardano became eligible
  • Foreign trading remains in net sell, BNBR holds top sell position
  • PhD Candidate Karan Bhasin Authors Article in Brookings Institution
  • Anderson Cooper shreds 'shameful' Trump cryptocurrency scheme – Yahoo
Saturday, August 15
Facebook X (Twitter) Instagram
Aspire Market Guides
  • Home
  • Alternative Investments
  • Cryptocurrency
  • Economics
  • Equity Investments
  • Mutual Funds
  • Real Estate
  • Trading
Aspire Market Guides
Home»Economics»Philippines’ record capital wage rise leaves workers hungry for more
Economics

Philippines’ record capital wage rise leaves workers hungry for more

By CharlotteJuly 6, 20261 Min Read
Share
Facebook Twitter Pinterest Email Copy Link


In the Philippine capital, 85 pesos (US$1.40) is barely enough to buy a meal for one, let alone a family of five.

Yet that modest sum, roughly the price of 1½kg of premium imported rice, is the largest single wage increase ever approved for Metro Manila’s minimum-wage earners.

The government called it “historic”. Labour groups called it an insult.

The increase, to be rolled out in two stages, was confirmed by the Department of Labour and Employment on Tuesday.

Non-agricultural workers will see their daily wage rise from 695 pesos to 755 pesos this month, then to 780 pesos by January. Employees of smaller companies and agricultural workers will see a similar, slightly lower increase, climbing from 658 to 743 pesos over the same period.

A government worker prepares bags of subsidised rice to be sold market in Quezon City, Metro Manila, last year. Photo: EPA-EFE
A government worker prepares bags of subsidised rice to be sold market in Quezon City, Metro Manila, last year. Photo: EPA-EFE

On paper, it marks a record increase. In practice, economists and labour leaders say it does not even come close to covering a soaring cost of living that has outrun wages for years.



Source link

Related Posts

Economics

PhD Candidate Karan Bhasin Authors Article in Brookings Institution

August 15, 2026
Economics

Horticulture Business Lab Shares Research at National Economics Conference

August 15, 2026
Economics

Froma Harrop: News flash: We live in a mixed economy – Winston-Salem Journal

August 14, 2026
Economics

Economics Weekly The Great Wealth Transfer Flows to the Few

August 14, 2026
Economics

News flash: We live in a mixed economy | Froma Harrop – Lincoln Journal Star

August 14, 2026
Economics

Economics week ahead

August 14, 2026
Add A Comment
Leave A Reply Cancel Reply

Editors Picks

Global Equity Fund Inflows Rise on Earnings Optimism, Rate Pause Hopes

August 15, 2026

Solana could become the “everything chain” for crypto

August 15, 2026

Debt mutual funds attracted Rs 1.87 lakh crore in July after two months of outflows. Is the trend set to continue? – The Economic Times

August 15, 2026

What is utility token | How UTILITY Works, Use Cases and Values

August 15, 2026
SUBSCRIBE TO OUR NEWSLETTER

Get our latest downloads and information first. Complete the form below to subscribe to our weekly newsletter.


I consent to being contacted via telephone and/or email and I consent to my data being stored in accordance with European GDPR regulations and agree to the terms of use and privacy policy.

Featured

May hedge fund returns: Steve Cohen's Point72 leads the way among the industry's biggest names – LinkedIn

June 3, 2026

The SME commercial real estate market steps up in 2026

August 2, 2026

Journal of Political Economy Microeconomics: Call for papers

May 4, 2026
Monthly Featured

Spark Unveils Stablecoin FX Layer on Uniswap v4

June 25, 2026

Do You Believe in the Long-Term Growth Potential of Marsh & McLennan Companies (MRSH)?

April 14, 2026

Japan’s LDP warns of suspected collusion between activist investors and private equity

July 17, 2026
Latest Posts

Global Equity Fund Inflows Rise on Earnings Optimism, Rate Pause Hopes

August 15, 2026

Solana could become the “everything chain” for crypto

August 15, 2026

Debt mutual funds attracted Rs 1.87 lakh crore in July after two months of outflows. Is the trend set to continue? – The Economic Times

August 15, 2026
SUBSCRIBE TO OUR NEWSLETTER

Get our latest downloads and information first. Complete the form below to subscribe to our weekly newsletter.


I consent to being contacted via telephone and/or email and I consent to my data being stored in accordance with European GDPR regulations and agree to the terms of use and privacy policy.

© 2026 Aspire Market Guides.
  • Contact us
  • Privacy Policy
  • Terms and Conditions

Type above and press Enter to search. Press Esc to cancel.

SUBSCRIBE TO OUR NEWSLETTER

Get our latest downloads and information first.

Complete the form below to subscribe to our weekly newsletter.


I consent to being contacted via telephone and/or email and I consent to my data being stored in accordance with European GDPR regulations and agree to the terms of use and privacy policy.