Fil-Chinese biz chamber favors pay hikes thru regional boards

From the Philippine News Agency

Federation of Filipino-Chinese Chambers of Commerce and Industry, Inc. (#FFCCCII) president Cecilio Pedro said Thursday they favor salary adjustments through the regional wage boards over a legislated pay increase.

Pedro said in a press conference in Makati City that policymakers should give businesses a breather from the impacts of high inflation and interest rates and let them stabilize while inflationary pressure has just started easing.



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