IBON Foundation
A continuing quest for freedom
June 12, 2023
Our foreign policy is for the security and development of the people, most of all. It should uphold peace over militarism, sovereignty over aggression, and development over empire.
Php170 wage hike only 16.2% of enterprise profits
June 7, 2023
The family living wage is Php1,160 as of May 2023. However, minimum wages since wage regionalization in 1989 don’t just fall far short of the ever rising living wage — they haven’t even kept up with inflation.
The delusional Maharlika Investment Fund: 8.6% annual returns in 10 years?
June 7, 2023
Maharlika proponents unbelievably promise that the newbie fund will make better returns amid an uncertain world economy than more established funds did before the pandemic when global growth was stronger. Pursuing high returns will expose scarce public money to excessive risk.
IBON Research Head on the Maharlika Investment Fund
May 29, 2023
Minimum wages today worth less than 34 years ago, even Php164 wage hike not enough–IBON
May 26, 2023
After 34 years the real value of the minimum wage has fallen 28% on average across all regions nationwide. This strengthens the argument for reverting to a nationally mandated wage hike.
More jobs but part-time work swelled
May 15, 2023
3.3 million of the net employment increase of 6 million since January 2020 is part-time work of less than 40 hours a week, while only 2.5 million of the increased employment was full-time work of 40 hours and over per week.
Jobs created mostly poor and quality work
May 15, 2023
The overwhelming number of “jobs created” are merely self-employment and informal work, and domestic work — accounting for 4.3 million or 71.3% of net employment
Economic slowdown stresses urgency of boosting household purchasing power with wage hikes, ayuda– IBON
May 14, 2023
The continuing deceleration in household spending from low incomes and high prices is among the biggest factors in the slowdown, and is among issues that the administration can immediately address
