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What is Wage Exemption Case: Central Textile Mills about?

1. The document discusses a case regarding Central Textile Mills applying for exemption from a wage order that mandated a P12 increase in minimum daily wages. 2. The Regional Tripartite Wages and Productivity Board initially denied the exemption application after determining Central Textile Mills only sustained a 22.41% impairment of paid-up capital, less than the 25% requirement. 3. However, the court ultimately ruled that Central Textile Mills

Author

AllenMarkLupera

Language

EN