00:00 It is possible that some businesses will have a hard time if the 100 pesos wage hike in the private sector is passed
00:07 according to the Department of Labor and Employment.
00:09 According to Dollar Secretary Bienvenido La Guzman,
00:12 the minimum wage was recently raised by some regional wage boards in 2023
00:17 based on the data collected by GMA Integrated News Research,
00:21 all wage orders in 2023 were approved in the last 6 months.
00:26 The Senate's plenary debate was also held on the 100 pesos wage hike.
00:31 Dollar Secretary said that the minimum wage should be raised again a year in advance
00:36 as they will follow the Congress' decision.
00:41 We want to give the employers a chance to settle down
00:54 unless there is a so-called super beating event.
00:57 [Music]
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