MANILA, Philippines — Separation packages will be offered to employees who will be affected by the closure of the five-star hotel Sofitel Philippine Plaza Manila in Pasay City, according to its president.
In a meeting between the DOT and executives of Sofitel Philippines Plaza Manila on Monday, Secretary Christina Garcia Frasco said she was "deeply saddened" by the by their closure, but said the DOT agrees with Sofitel management that "the safety of employees and guests is of paramount importance." The DOT secretary said that the department has extended assistance to Sofitel Philippines Plaza Manila and will support them by organizing job fairs for affected employees through its National Capital Region office.
Sy thanked the DOT for their assistance and said the company remains optimistic as it "had its best years ever in 2022 and 2023”, with occupancy rates reaching 86% to 100% in some months. Get ready for the biggest price slash off TCL aircon this summer The government upsized its short-term securities to P17 billion as rates slipped across the board ahead of the policy meeting...
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