HomeWorldUSALatin AmericaEuropeAsiaAfricaTV ShowsShowbizTravelLifestyleOpinionSciencePoliticsHealthSportsTechEntertainmentBusiness
Business July 22, 2026

Department of Labor pledges support for MSMEs nationwide

Department of Labor pledges support for MSMEs nationwide

The Department of Labor and Employment announced that its adjustment measures program will support micro, small and medium enterprises in Metro Manila as the daily minimum wage rises to P85.

The initiative offers financial assistance for equipment upgrades and productivity‑enhancing projects, allowing businesses to allocate more capital toward meeting the new wage requirement.

For instance, a restaurant could receive funding for a point‑of‑sale system, enabling the establishment to use its remaining resources for wage adjustments.

Assistance under the program covers business enhancement, product development, labor compliance and capacity‑building activities.

Qualified enterprises may apply for an exemption from the wage order within the 75‑day period prescribed by law.

The department described the program as a measure to help businesses comply with the wage increase while sustaining their operations.

Share this article

UMVA MAG

UMVA Mag is your trusted source for breaking news, in-depth analysis, and compelling stories from around the world. Covering politics, business, technology, entertainment, sports, health, science, and more — we deliver journalism that matters.

Independent, Accurate, Unbiased
24/7 Breaking News Coverage
Trusted by Millions Worldwide