Connect with us

Hi, what are you looking for?

Captain Of Success
Top Stories

Stock Markets

Beef up fight vs poverty, gov’t told

REUTERS

THE GOVERNMENT of President Ferdinand R. Marcos, Jr. should double its efforts to address poverty, a lack of livelihood opportunities, low wages among other issues amid increasing prices of basic goods, human rights group iDefend said on Sunday.

This comes ahead of the United Nations Committee on Economic, Social and Cultural Rights review of the Philippine human rights situation from Feb. 18 to 19 in Geneva.

“The Philippine government has failed to implement structural reforms necessary to address the high incidence of poverty, lack of livelihood opportunities, inadequate wages, high inflation rates, and food insecurity leaving the Filipino people,” the watchdog said in a statement.

Philippine lawmakers and civic groups have called on the government to prioritize legislated wage hike proposals to help workers cope with the high prices of goods, transportation, and monthly utility bills.

The House of Representatives approved on second reading a bill that seeks to give minimum wage workers a P200 daily increase.

The Regional Tripartite Wages and Productivity Board of the National Capital Region in July last year approved a P35 minimum wage hike for workers in Metro Manila, bringing the daily pay for nonagricultural workers to P645.

This was way lower than the petitions filed by labor groups seeking monthly pay increases of P597 to P750.

“These economic disparities persist, leaving a significant portion of the population unable to fully enjoy their basic rights to food, health, housing, work, and education,” iDefend said. — John Victor D. Ordoñez

    You May Also Like

    Stock Markets

    Elizer S. Salilig (right) was appointed as the new National Director of the Bureau of Fisheries and Aquatic Resources. President Ferdinand R. Marcos, Jr....

    Finance

    British companies fear a “significant fall” in their trading prospects over the next few months, raising concerns about further job losses and derailing Labour’s...

    Stock Markets

    What Gen Zs and Gen Alphas bring to the table – BusinessWorld Online Anthony...

    Finance

    Donald Trump’s social media venture, Trump Media & Technology Group (TMTG), has unveiled plans to expand into cryptocurrency and fintech services through a new...

    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.