BILL INCREASING DAILY MINIMUM WAGE CLEARS SECOND READING IN SENATE

By Liza Soriano

MANILA — A bill aimed at boosting the daily minimum wage of private sector workers by P100 has successfully passed its second reading in the Senate.

Senate Bill 2534, titled “An Act Providing for a 100 Pesos Daily Minimum Wage Increase for Employees and Workers in the Private Sector,” was presented on the Senate floor by Senator Jinggoy Estrada last week.

Currently, the daily minimum wage in the National Capital Region stands at P610.

SB 2534 consolidates various proposals advocating for a minimum wage hike, including a version put forth by Senate President Juan Miguel Zubiri, which initially proposed a P150 increase across the board for private sector workers.

However, the current version of the bill has been revised from P150 to P100, aligning with adjustments made by regional wage boards, which have raised minimum daily wage rates from P30 to P89.

(el Amigo/MNM)