MANILA, Philippines (Xinhua) – The Philippines has one of the highest minimum wages in the region,the country’s statistics agency reported Thursday.
The National Statistical Coordination Board (NSCB) said the minimum wage set in the Philippines and Thailand can buy the most rice compared to minimum wage in other ASEAN countries.
The country’s minimum wage of P270.98 or $6.16 per day can buy around 7.9 kilos of rice. In Thailand, the minimum wage of $4.84 per day, can buy as much as 10.3 kilos of rice. The NSCB used the Food and Agriculture Organization ‘s (FAO) estimate that each kilo of rice was valued at $0.78.
In Vietnam, the minimum wage of $1.74 can buy 3.95 kilos of rice, while Cambodia’s $2.03 can buy 4.95 kilos of rice. A $2 minimum wage in Indonesia can buy two kilos of rice, while Myanmar’s $3 can buy 6.67 kilos of rice.
“This means that our minimum wage is not (that) low compared to other countries. Of course, transportation costs are quite high but if the entire minimum wage is used to buy rice only, we can say that we are not far behind from our ASEAN neighbors,” NSCB Secretary General Romulo A. Virola said.
Data also showed that when the minimum wage in Metro Manila is used, the Philippines replaces Thailand in the top spot. The minimum wage in the National Capital Region is $404 or $8.34 per day. That amount can buy as much as 10.69 kilos of rice.
“Based on this data, there is no need to increase minimum wage in the Philippines. However, we all know that setting minimum wage setting is not as simple and we also need to take other factors into consideration,” Virola said. –Philippine Star
September 18 –
International Equal Pay Day
“Increase wages now,
more than other cost items.
For widespread, practical equality!”
Invoke Article 33 of the ILO Constitution
against the military junta in Myanmar
to carry out the recommendations of the 2021 ILO Commission of Inquiry
against serious violations of protocols of
Forced Labour and Freedom of Association.
Accept the National Unity Government (NUG)
of Myanmar. Reject Military!
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October –
Monthly Observances:
Industry and Commerce Safety Month
National Statistics Month
Local Government Month
Consumer Welfare Month
Cooperative Month
National Quality and Productivity Improvement Month
National Health and Wellness Tourism Month
National Indigenous Peoples Month
Weekly Observances:
Week 1: Elderly Filipino Week
Week 2: National Health Education Week
Local Government Week
National Mental Health Week
October 17-23:
National Week for Overcoming Extreme Poverty
October 18 – 24:
United Nations Week
Last Week:
Nurses’ Week
Consumers’ Protection Week
Week of the 4th Sunday:
Barrio Farmers’ Week
Daily Observances:
First Monday (Oct 4): Universal Children’s Day i
n the Philippines
Oct 5: National Teachers’ Day
Oct 10: Local Government Day
Third Thursday (Oct 14): Conflict Resolution Day
Oct 21: Tenants’ Emancipation day
Oct 24: United Nations Day
Oct 29: National Indigenous People’s Thanksgiving Day
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