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Metro Manila P85 Wage Hike to Proceed; Central Bank Flags Inflation Risk

Metro Manila P85 Wage Hike to Proceed; Central Bank Flags Inflation Risk

Malacañang said the P85 minimum wage increase in Metro Manila will go ahead as scheduled despite concerns about price pressures and potential layoffs. The Bangko Sentral ng Pilipinas warned the hike could add to inflation risks.

Original headline

No wage hike suspension; BSP sees inflation risk