Connect with us

Hi, what are you looking for?

Captain Of Success
Top Stories

Stock Markets

Group warns AKAP may be used for ‘vote-buying’

PHILIPPINE STAR/ MICHAEL VARCAS

A POLITICAL GROUP on Monday raised concerns over the possibility that a government cash-aid program for poor workers could be used as a tool to engage in “vote-buying” for the upcoming 2025 midterm elections.

Lawmakers should instead look at hiking workers’ minimum wages instead of institutionalizing the Ayuda Para sa Kapos ang Kita Program (AKAP), said Renee Louise M. Co, spokesperson of party-list group Kabataan.

AKAP is a social welfare scheme that provides one-time cash assistance worth P3,000 to P5,000 to workers whose income falls below the poverty threshold.

“If Congress really cared for the welfare of the underpaid and overworked labor force, which is the main target of the AKAP, it would have legislated wage hikes and reforms,” she said in a statement in Filipino.

“It appears that the elected officials really don’t care about our fellow workers unless they can use their support in the 2025 elections. This can be used for vote-buying. This is not the help that workers need and deserve,” she added.

Measures seeking to legislate an across-the-board wage hike were stalled in Congress.

The Senate in February already passed a bill granting a P100 wage hike for private sector workers, while the House of Representatives labor panel is yet to approve a counterpart measure. — Kenneth Christiane L. Basilio

    You May Also Like

    Finance

    Homebase is set to return in a slimmed-down format after the DIY chain’s collapse last month, with its new owner CDS confirming plans to...

    Stock Markets

    The First Philippine Polymer Banknote Series is composed of the 1000-piso polymer banknote, as well as new polymer denominations: 500-, 100-, and 50-piso. —...

    Stock Markets

    When it comes to providing accommodations that have all the makings of a second home in the best Philippine destinations, Astoria Hotels and Resorts...

    Finance

    TikTok has made a final appeal to the US supreme court in a last-ditch effort to prevent the enforcement of a new American law...

    Disclaimer: CaptainOfSuccess.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice.
    The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.