Business
Philippines Backs MSMEs Amid Minimum Wage Hike
The Philippine Department of Labor and Employment (DoLE) will utilize its adjustment measures program to assist micro, small, and medium enterprises (MSMEs) in coping with the P85 daily minimum wage increase in Metro Manila, aiming to fund productivity enhancements and free up capital for wage adjustments.
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- DOLE to Assist MSMEs Affected by P85 Wage Hike
The Department of Labor and Employment (DOLE) will provide assistance to micro, small, and medium enterprises (MSMEs) affected by the P85 minimum wage increase in Metro Manila through funding and productivity enhancement measures. However, some business groups have raised concerns about inflation and employment.