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PRESIDENTIAL DECREE NO. 1389
PRESIDENTIAL DECREE NO. 1389 -
AMENDING PRESIDENTIAL DECREE NO. 928 FOR THE PURPOSE OF ADJUSTING
EXISTING STATUTORY MINIMUM WAGES
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WHEREAS,
the National Tripartite Conference on Wages, Employment and Labor
Relations held in Tagaytay City on 25-27 May 1978 has recommended the
non-inflationary and early upward adjustment of existing statutory
minimum wages in the country;chanroblesvirtualawlibrary
WHEREAS, the same Conference has urged the implementation of its
recommendation taking into consideration the imperatives of
development, cost of living, productivity, employment, balance of
payments, price stability, the competitiveness of Philippine products
in the world market, and industrial peace;chanroblesvirtualawlibrary
NOW, THEREFORE, I, FERDINAND E. MARCOS, President of the Republic of
the Philippines, by virtue of the powers vested in me by the
Constitution, do hereby decree the following:cralaw:red
Section 1. Presidential Decree 928 is hereby amended
by increasing all existing statutory minimum wages in the country by
THREE PESOS (P3.00) spread equally over a period of three years, as
follows: 1) ONE PESO (P1.00) starting July 1, 1978; 2) ONE PESO (P1.00)
starting May 1, 1979; and 3) ONE PESO (P1.00) starting May 1, 1980.
Section 2. Employment-intensive cottage industries
engaged in the manufacture of local raw materials primarily for export
shall be exempted from this decree during the first three years of its
operations.
Section 3. The Secretary of Labor shall promulgate
rules and regulations for the effective implementation of this decree.
Done in the City of Manila,
this 29th day of May 1978.
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