“Not enough to recover lost purchasing power.” A worker joins rally at Welcome Rotunda decrying P20 pay hike.
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9 'executed' in Laguna bank
rob Victims shot in heads; 2
security guards missing
BY RAYMOND AFRICA
EIGHT employees and a security guard of the
Cabuyao, Laguna branch of the Rizal Commercial Banking Corp.
were killed yesterday in a robbery which police suspected to be
an inside job.
The fatalities had gunshot wounds in the
head. Police found the bodies of eight fatalities lined up in a
single row on the floor, along with the security guard who died
on the way to the hospital.
The bank's manager, Isagani Pastor who was
also shot in the head, is in critical condition at a hospital.
He is under heavy guard.
It's P15 basic, P5 COLA;
labor groups disappointed
BY GERARD NAVAL
MINIMUM wage earners in Metro Manila will
receive an increase of P15 in their daily basic pay and P5 in
the cost of living allowance, the Regional Tripartite Wages and
Productivity Commission said yesterday.
The increase will take effect 15 days after
publication of the new wage order, or around the first week of
June.
Starting August 28, the P5 COLA will be
integrated in the basic pay.
'It's not about
takeover,
but Meralco's practices'
BY JOCELYN MONTEMAYOR
PRESS Secretary Ignacio Bunye yesterday
reiterated that Mala-cañang is not after the Manila Electric Co
(Meralco) but the observance of responsible business practices
and the lowering of power costs.
"Just to answer some critics, this is not
about Meralco. This is about making ourselves competitive. This
is about engaging in responsible corporate practices and this is
about being responsible for practices that may have affected
public interest," he said at a forum.
The President's allies in the Kabalikat ng
Malayang Pilipino (Kampi) party have threatened to file a class
suit against Meralco if it does not refund customers for passing
on to them their systems loss.
