How minimum wages compared across regions in July

This infographic compares the current daily minimum wages set by the country’s Regional Tripartite Wages and Productivity Board and the inflation-adjusted minimum wages as of July based on latest preliminary data by the Philippine Statistics Authority (PSA). While the current minimum wages are determined at the regional level to account for factors such as companies’ […]

Peso may strengthen further vs dollar

THE PESO may appreciate versus the dollar this week as the Bangko Sentral ng Pilipinas (BSP) chief remained hawkish despite the US Federal Reserve’s dovishness, but expectations of faster Philippine inflation in July could dampen sentiment. The local unit closed at P55.13 per dollar on Friday, surging by 69 centavos from its P55.82 finish on […]