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Array ( [results] => Array ( [0] => Array ( [ArticleID] => 340206 [Title] => Wage hikes: A matter for market forces [Summary] => The issue of minimum wage is upon us once more. Even as labor groups have just started filing their petitions for wage hikes, the Lower House has already approved on second reading last week a bill providing for staggered increase in the minimum wage. Malacañang, for its part, has raised its objection to the approved bill which is a complete departure from the wage-setting mechanism that has been in place over the past 17 years.
[DatePublished] => 2006-06-05 00:00:00 [ColumnID] => 135252 [Focus] => 0 [AuthorID] => 1357954 [AuthorName] => Ignacio B. Gimenez [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
VIX
Array ( [results] => Array ( [0] => Array ( [ArticleID] => 340206 [Title] => Wage hikes: A matter for market forces [Summary] => The issue of minimum wage is upon us once more. Even as labor groups have just started filing their petitions for wage hikes, the Lower House has already approved on second reading last week a bill providing for staggered increase in the minimum wage. Malacañang, for its part, has raised its objection to the approved bill which is a complete departure from the wage-setting mechanism that has been in place over the past 17 years.
[DatePublished] => 2006-06-05 00:00:00 [ColumnID] => 135252 [Focus] => 0 [AuthorID] => 1357954 [AuthorName] => Ignacio B. Gimenez [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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By Ignacio B. Gimenez | June 5, 2006 - 12:00am
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President Ferdinand Marcos Jr. on Monday signed a new law that streamlines tax incentives for businesses in the Philippines, including the taxation of companies in special economic zones.
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During the conference, Finance Secretary Ralph Recto emphasized the importance of a business environment that supports consistent progress.
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