Philippines approves Metro Manila's biggest minimum wage hike in decades

12% rise comes as inflation erodes purchasing power but critics say it's not enough

Shoppers at a supermarket in Metro Manila. Rising prices are weighing on household budgets, with inflation forecast to average 5.1% in 2026. (Photo by Yuki Fujita)

MANILA -- The Philippine government announced on Tuesday that the daily minimum wage in Metro Manila will be raised to 780 pesos ($12.73) from 695 pesos, marking a 12% increase and the largest in more than two decades, though some critics say it is still not enough to cover basic needs.