IBON Foundation
Inflation lower but poorest Filipino families still struggle with high prices
March 6, 2019
Families struggling with meager incomes still have to put up with high prices even amid lower inflation posted in February 2019. Research group IBON said that the poor majority of Filipino households are still having difficulty making ends meet with prices remaining high. Philippine Statistics Authority (PSA) figures show that headline inflation slowed further to […]
Rice tariffication puts PH food security at risk—IBON
March 2, 2019
IBON Executive Editor Rosario Bella Guzman said that non-quota tariff rice importation undermines the food security principles of supply stability and affordability. She said that in face of world market volatility, a fluctuating peso-dollar exchange rate and impending El Nino, government should seek to stabilize prices and the economy. Government will soon release the implementing […]
Cheaper rice for now, but at what cost?
February 22, 2019
by Sonny Africa The government’s economic managers claim that the new Rice Tariffication Act which takes effect on March 5, 2019 will ensure the availability of cheaper rice for Filipino consumers. They also claim that the law will make Filipino rice farmers more competitive and profitable. Yet while rice from abroad could become cheaper for […]
Crisis in PH Agriculture
February 21, 2019
Businessmen cashing in on Metro Manila Reclamation project–IBON
February 21, 2019
Research group IBON said that the Manila Bay reclamation project under the Build, Build, Build program is a profit-led infrastructure plan that will mainly benefit big business. The group said that contrary to government claims, the project will displace nearby communities from their homes and livelihoods and destroy the environment. The Manila Bay Reclamation project […]
Three things beyond rice tariffication
February 19, 2019
President Duterte has signed the Rice Tariffication Bill into law, which promises to reform Philippine agriculture. But until the government genuinely completes land reform and gives sufficient and substantial support to agriculture, the country’s staple and Filipino farmers remain at risk. The law removes quantitative restrictions or limits to rice importation. Any amount of rice […]
Fuel more expensive due to TRAIN
February 18, 2019
