A DAY after insisting on their demand for a P75 adjustment in the minimum wage in Metro Manila, the Trade Union Congress of the Philippines yesterday criticized the Bangko Sentral ng Pilipinas for placing a ceiling of P25 in the possible wage adjustment.
BSP governor Amado Tetangco on Tuesday warned that a wage increase above P25 a day may push the inflation rate up and result in higher consumer prices.
In a phone interview, TUCP deputy spokesman Raffy Mapalo said the BSP has no business putting a limit to the possible wage adjustment that may be approved by the Regional Tripartite Wages and Productivity Board National Capital Region.
“We think that wage determination is not BSP’s area of responsibility and competency. Let us leave that to the wage boards,” said Mapalo.
“If employers keep denying wage increases, workers’ conditions and living standards will never improve,” he said.
But Presidential Communications Development and Strategic Planning Office Secretary Ramon Carandang said the BSP’s inputs on the matter will be considered by the RTWPB NCR when it decides on the wage hike next week.
“We’re confident that wage boards will take into account BSP’s opinion when it rules on wage petitions,” Carandang said.
RTWPB NCR chairman Raymundo Agravante himself said there will be no more public hearings on TUCP’s petition and they are set to meet on Monday to deliberate on how much the new wage order will be.
A wage order will take effect within 15 days after publication in a national paper.
The last time wages were raised in Metro Manila was in July 2010 when P22 was added to the basic rate, bringing the minimum daily wage to P404.
The wage boards in Region 6 and 8 are also expected to come up with a wage order within the month while the other regional boards are still deliberating if supervening conditions exist in their areas to warrant a pay hike.– Gerard M. Naval and Jocelyn Montemayor, Malaya
July 2025
Nutrition Month
“Give us much more than P50 increase
for proper nutrition!”
Invoke Article 33 of the ILO Constitution
against the military junta in Myanmar
to carry out the 2021 ILO Commission of Inquiry recommendations
against serious violations of
Forced Labour and Freedom of Association protocols.
Accept National Unity Government (NUG)
of Myanmar. Reject Military!
#WearMask #WashHands #Distancing #TakePicturesVideosturesVideos
July
3 July – International Day of Cooperatives
3 July – International Plastic Bag Free Day
5 July – World Youth Skills Day
7 July – Global Forgiveness Day
11 July – World Population Day
17 July – World Day for International Justice
28 July – World Nature Conservation Day
30 July – World Day against Trafficking in Persons
Monthly Observances:
Schools Safety Month
Nutrition Month
National Disaster Consciousness Month
Weekly Observances:
Week 2: Cultural Communities Week
Micro, Small, and Medium Enterprise
Development Week
Week 3: National Science and
Technology Week
National Disability Prevention and
Rehabilitation Week
July 1-7:
National Culture Consciousness Week
July 13-19:
Philippines Business Week
Week ending last Saturday of July:
Arbor Week
Daily Observances:
First Saturday of July:
International Cooperative Day
in the Philippines
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