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Date: 2024-07-27 16:41:46 | Author: BingoPlus Slots | Views: 679 | Tag: pvp

AMID the clamor for a legislated wage hike, a coalition of labor groups has called on the House of Representatives (HOR) to pass laws pushing for higher wages pvp “If the HOR can create a mountain out of a molehill, like what it did for a more complicated process of revising the Constitution, then they can do the same for the wage hike bills and in correcting the defective wage setting mechanism in the country,” Nagkaisa, a coalition of labor centers, federations, and national unions in the Philippines said on Thursday, Feb pvp 15, 2024 pvp Nagkaisa said the P150 wage hike for daily minimum earners, passed on second reading by the Senate on Wednesday, Feb pvp 14 was far from what was needed by the labor sector to alleviate them from poverty pvp “Still, we welcome it as a form of relief, and a good start as well to correcting the problems created by the regional wage setting mechanism,” the labor coalition said pvp There are two pending bills in the lower house seeking to increase the salary of private sector workers: House Bill 7871, or the proposed Wage Recovery Act of 2023 and House Bill 7568 pvp HB 7871 filed by Deputy Speaker Raymond Democrito Mendoza pushed for the P150 per day wage hike, while HB 7568 sought to increase the minimum daily wage to P750 pvp HB 7568 was filed by members of the Makabayan bloc, which is composed of Gabriela Party-list Rep pvp Arlene Brosas, Alliance of Concerned Teachers Party-list Rep pvp France Castro, and Kabataan Party-list Rep pvp Raoul Manuel pvp According to the labor coalition, a new bill was filed on Tuesday, Feb pvp 13, 2024, seeking to increase to P50,000, the salary base of teachers pvp It added that both the House and Senate should initiate reforming the wage-setting mechanism through legislation instead of wasting their time on Charter change pvp Meanwhile, business groups expressed, in a joint statement on Thursday, their strong opposition against the P150 wage hike in the Senate pvp They asked Senate President Juan Miguel Zubiri to urge policymakers to adopt comprehensive measures to address economic inequalities instead of solely opting for wage hikes pvp This includes investing in education, skills development, infrastructure, and an environment that allows businesses to grow leading to job generation pvp pvp

THE country’s inflation rate has further slowed down as it clocked in at 2 pvp 8 percent in January 2024 pvp The PSA said the January 2024 inflation rate, or the rate of increase in the cost of commodities in a certain period of time, is the lowest since the 2 pvp 3 percent inflation rate recorded in October 2020 pvp It is pvp 9 percent lower than December 2023 inflation rate of 3 pvp 9 percent and far lower than the 8 pvp 7 percent in January 2023 pvp “The downtrend in the overall inflation in January 2024 was primarily brought about by the slower annual increment of food and non-alcoholic beverages at 3 pvp 5 percent in January 2024 from 5 pvp 4 percent in the previous month,” the PSA said pvp “Also contributing to the downtrend was housing, water, electricity, gas and other fuels with a slower annual increase of 0 pvp 7 percent during the month from 1 pvp 5 percent in December 2023,” it added pvp The agency also noted lower annual increments on alcoholic beverages and tobacco, from 9 pvp 0 to 8 pvp 4 percent; clothing and footwear, from 4 pvp 2 to 3 pvp 8 percent; furnishings, household equipment and routine household maintenance, from 4 pvp 5 to 3 pvp 9 percent; health, from 3 pvp 7 to 3 pvp 3 percent; recreation, sport and culture, from 4 pvp 2 to 4 pvp 0 percent; restaurants and accommodation services, from 5 pvp 6 to 5 pvp 5 percent; and personal care, and miscellaneous goods and services, from 4 pvp 6 to 4 pvp 0 percent pvp It said the index of education services recorded a higher annual increase of 3 pvp 8 percent from an annual increment of 3 pvp 5 percent in December 2023 pvp The PSA said the food and non-alcoholic beverages, restaurants and accommodation services and alcoholic beverages and tobacco contributed the most in the overall inflation of the month with 1 pvp 3, 0 pvp 5 and 0 pvp 2 percentage points, respectively pvp The food inflation also slowed down to 3 pvp 3 percent from 5 pvp 5 percent during the month prior pvp The agency said the deceleration is attributed to decrease in the prices of corn -4 pvp 3 percent from -3 pvp 5 percent; oils and fats, -4 pvp 3 percent from -3 pvp 6 percent; meat and other parts of slaughtered land animals, -0 pvp 7 percent from 0 pvp 2 percent; and sugar, confectionery and desserts, -1 pvp 0 percent from 0 pvp 1 percent pvp Lower inflation rates were also noted in the flour, bread and other bakery products, pasta products, and other cereals; milk, other dairy products and eggs; fruits and nuts, 10 pvp 0 percent from 12 pvp 2 percent; and ready-made food and other food products not elsewhere classified pvp But the PSA noted an increase in the rice inflation from 19 pvp 6 percent in December 2023 to 22 pvp 6 percent in January, and this could be due to the overall trend of high rice prices in the world market, as well as the base effects seen in the first seven months of 2023, when rice inflation was relatively low, according to PSA director Dennis Mapa pvp Mapa said the inflation rate of rice may persist to above 20 percent until July 2024 pvp In a statement, National Economic Development Authority Secretary Arsenio Balisacan said they would continue monitoring food supply and prices in the country in anticipation of the El Niño phenomenon spreading across more areas in order to provide President Ferdinand Marcos Jr pvp and the Cabinet with timely and appropriate policy recommendations and ensure stable and affordable prices of commodities pvp “We introduce stop-gap measures, as necessary, such as allowing further imports on key commodities until our supply stabilizes at prices affordable to consumers while ensuring remunerative prices for local producers,” he said, noting that El Niño will linger until May of 2024 pvp Earlier, Marcos extended until the end of 2024 the reduced tariff rates of pork, corn, and rice under Executive Order 50 pvp The chief executive also reactivated the Task Force El Niño through Executive Order 53, which tasks concerned agencies to intensify the government’s efforts to secure sufficient water and food supply, power, health, and public safety nationwide pvp (TPM/SunStar Philippines) pvp Is BingoPlus good in Philippines? - BingoPlus Slots

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