"Four business groups on Friday, Sept. 15, called on lawmakers to reconsider the proposed wage hike, reiterating that salary increases will affect mostly informal workers and small business owners since it will lead to higher inflation which is harmful to both business and the economy.

Business leaders urge balanced solutions and economic issues

During a pandesal forum, these four groups and their leaders banded together to air their concerns: Philippine Chamber of Commerce and Industry (PCCI) President George T. Barcelon; Employers Confederation of the Philippines (ECOP) President Sergio Ortiz-Luis Jr.; Federation of Filipino Chinese Chambers of Commerce and Industry Inc. (FFCCCII) President Dr. Cecilio K. Pedro; and Philippine Amalgamated Supermarkets Association Inc. (PAGASA) President Steven T. Cua.