wage hike

Top 10 Billionaires’ wealth grows three times faster than workers’ wages

April 4, 2024

The combined net worth of the 10 richest Filipinos grew by 20% from Php1.9 trillion to Php2.3 trillion in 2024. This was concentrated in the 3 richest billionaires whose wealth grew almost four times as much as the others in the Top 10.

IBON stresses to solons: An across-the-board minimum wage hike is urgent, just, doable

February 28, 2024

In a House deliberation on wage hike proposals, research group IBON executive director Sonny Africa stressed that there is no reason not to give any of the wage hikes currently proposed by different legislation.

The excuses they give: Kung ayaw ng wage hike, maraming dahilan

February 20, 2024

COMMENTARY

Opponents of a minimum wage hike say it will be “catastrophic” – cause inflation, lead to layoffs, and bankrupt firms. They say it will only help a few and only for a little while. None of these arguments holds water.