JEERS TO Malaya Business Insight for a one-sided and incomplete Oct. 25, 2012 banner story on Philippine employment laws.
Headlined “Law-dictated wages abhorred,” the report was based entirely on a press conference by the Employers Confederation of the Philippines (ECOP), during which its president, Edgardo Lacson, talked about how provisions in the Labor Code need to be amended to help micro, small, and medium enterprises (MSMEs) thrive.
To show how some labor laws, specifically on wages, are hurting business-owners and the economy, Lacson presented statistics and numbers the report did not check.
A claim in the report, that “The Philippines has one of the highest minimum wage rates in the world and even has higher entry-level wages against China and Malaysia” was not even attributed.
The report concluded with a paragraph briefly explaining a scheme ECOP is supporting. It did not bother getting the side of either labor groups or economists.