LABOR groups are poised to demand an increase in the daily take home pay for workers in the private sector because of the falling value of the Philippine peso.
Citing data from the Bangko Sentral ng Pilipinas (BSP) and the National Wages and Productivity Commission (NWPC), Associated Labor Unions (ALU) national executive vice president Gerard Seno said on Wednesday that the purchasing power of one peso fell to an 8-year low of 67 centavos in December 2016.
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