The Employers Confederation of the Philippines (ECOP) has cautioned regional wage boards against automatically following Metro Manila's latest minimum wage increase, arguing that wage adjustments should reflect local economic realities rather than establish a nationwide template.
Philippine manufacturers started the second half of 2026 on stronger footing, with factory output and new orders posting their fastest growth in five months as businesses tapped existing inventories to keep up with improving demand.
The legal battle over Metro Manila's suspended wage hike has widened into a broader debate over a familiar economic question. Is raising pay enough when the cost of living keeps climbing?
Businesses around the country turned significantly more optimistic in June this year, setting the stage for stronger economic growth as companies plan to expand operations and hire more workers over the coming year.