Zambo businessmen seek exemption on minimum wage

Posted on Wednesday, October 2nd, 2013 and is filed under Business, Business, Economy, Lead Stories. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

ZAMBOANGA CITY/02 October 2013 by Jasmine Mohammadsali—The local business community here appealed to the Regional Tripartite Wages and Productivity Board for exemption from the minimum wage law to allow them to hire more workers and laborers.

Among the hardest hit sectors during the three-week crisis was the business community, which recorded a total of Php 763 million worth of unconsummated sales at the height of the crisis. Thus in a bid to recoup losses and to support the post-crisis rehabilitation, said appeal was raised.

For its part, the local government plans to waive the rental fee of businesses leasing space at the Plaza del Pilar for a period of 2-3 months, to allow small businesses to get back on their feet, said Mayor Beng Climaco during a press briefing Tuesday, adding that tax exemptions will also be considered and provided.

Climaco also enjoined residents to purchase goods from Zamboanga City, and to patronize small stores and flea markets. (Jasmine Mohammadsali)

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