News
Govt’s fuel subsidies just bare minimum — IBON
September 13, 2023
The Php4 billion in fuel subsidies that the Marcos Jr administration is set to disburse is not enough relief for Filipinos, especially the poor, who have been burdened by rising oil prices for the past 10 weeks.
Almost three million drop in employed sign of swelling ranks of discouraged workers—IBON
September 8, 2023
Research group IBON said that the 2.8-million collapse in the number of employed persons but small decline in unemployed confirms that many Filipinos have dropped out of the labor force. This is due to the lack of jobs – even work that is self-employed and informal. The group said that this huge increase in discouraged […]
Tax the super-rich
August 15, 2023
NEWS ANALYSIS
Growing billionaire wealth amid increasing poverty, worsening joblessness, and stagnant wages shows that it’s high time for the Marcos Jr administration to heed calls for a wealth tax on the country’s billionaires.
6 consecutive weeks of oil price hikes burden Filipinos
August 15, 2023
Government can make oil products cheaper for Filipinos and moderate the snowball effect on the price of other goods and services by removing fuel taxes.
Three straight quarters slowdown confirms economic decline
August 11, 2023
Growth slowing for three straight quarters confirms economic decline under the Marcos Jr administration. The economic rebound and momentarily fast growth from reopening, which was measured from the worst economic contraction in the country’s history, is over. The economy has returned to its trajectory of slowing growth that started even before the excessive pandemic lock […]
Latest growth figures confirm economy in decline under Marcos Jr
August 10, 2023
The economic managers have lost their last indicator for claiming good economic performance and the economy is clearly losing momentum.
Most jobs being created in the lowest paying sectors – IBON
August 9, 2023
The economy is still struggling to create decent work, pay and earnings
Gov’t can mitigate oil price hikes by scrapping fuel taxes
August 8, 2023
The Marcos Jr administration can moderate the impact of oil price hikes on millions of Filipinos by scrapping excise and value-added taxes for petroleum products.
Inflation slowed but higher prices burden consumers further
August 7, 2023
The cost of basic goods such as rice, vegetables, fish and oil continues to rise and burden millions of poor consumers
