News

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.

Rice inflation highest in 15 years, shows gov’t failing to manage inflation — IBON

March 5, 2024

The uptick in February headline inflation, pushed by the rapid increase in rice prices, shows that the Marcos administration’s so-called measures to tame inflation are not working.

IBON corrects Rep. Quimbo – PH really is among the most open to foreign ownership in region

February 29, 2024

Charter change proponents will keep trying to find justifications for Congress to start tinkering with the 1987 Constitution. However, the facts clearly show that claiming that the Philippines has among the most restrictive foreign ownership regulations in the world cannot be one of them.

IBON stresses to solons: An across-the-board minimum wage hike is urgent, just, doable

February 28, 2024

In a House deliberation on wage hike proposals, research group IBON executive director Sonny Africa stressed that there is no reason not to give any of the wage hikes currently proposed by different legislation.

Charter change undermines the spirit of EDSA 1

February 24, 2024

Every charter can always be improved but it is vital to defend the nationalist, democratic and activist spirit of EDSA 1 in the 1987 Constitution. Cha-cha driven by elite self-interest will make the people even worse off than they already are.

NEDA misses the point of people’s dissatisfaction — IBON

February 20, 2024

The Marcos Jr administration claims to acknowledge inflation, job creation, food security and poverty woes but their response is to push the same economic policies that cause these to begin with.

Drop in wholesale retail trade work in Dec shows Filipinos can’t afford to spend – IBON

February 7, 2024

Job losses in the wholesale and retail trade sector may be a result of weaker demand which is concerning since the month of December is usually marked by more spending due to the holidays.

Widespread informality, growing poverty belie gov’t claims of robust jobs market – IBON

February 7, 2024

The prevalent lack of decent work and the increasing number of Filipinos falling into poverty dispels the Marcos Jr administration’s hype of a “robust” labor market.

The spectacular errors of economic cha-cha proponents

February 4, 2024

COMMENTARY

It has become Cha-cha etiquette to always sugarcoat political changes with promises of a bright economic future once the charter’s economic provisions are fixed.