IBON Foundation

FDI, importation won’t solve inflation

March 11, 2024

Cha-cha does nothing to address high prices of basic goods and services now, and will just make the country even more addicted to imports and foreign capital.

FDI not enough to create gainful jobs

March 11, 2024

The 1.4 million drop in jobs underscores that strengthening the local economy, not Charter change, is needed.

IBON Executive Director on high-level US trade mission in the Philippines

March 11, 2024

“Instead of misplaced pride in being a mere Southeast Asian address for foreign capital, the government should be strictly regulating them to build national brands in Filipino industry.”

1.4M jobs loss stresses need to strengthen local agri, Filipino industries – IBON

March 9, 2024

The drop in employed persons, combined with the phenomenal decrease in labor force participants and the swelling number of those not in the labor force, indicates a growing number of discouraged Filipino workers.

IBON Executive Director on the passage of RBH 7, the proposed economic Cha-cha, at the Committee of the Whole

March 6, 2024

The sparse attendance with precious few inquiring minds confirms that the president’s desire for Cha-cha is enough for the House to make up its mind and ignore inconvenient things like facts.