Category: News
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 […]
TRAIN suspension, govt transparency and regulation needed to ease OPH burden
February 28, 2019
Research group IBON said that the third consecutive and big-time oil price hike only makes it more urgent for the Duterte administration to stop the oil excise taxes of the Tax Reform for Acceleration and Inclusion (TRAIN). This will lessen the impact of rising oil prices on the poorest families. The group also said that […]
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 […]
Fuel prices cheaper than in 2018 if not for TRAIN
February 14, 2019
Research group IBON said that the fuel prices would be cheaper now than in 2018 without the Tax Reform for Acceleration and Inclusion (TRAIN) law. The group said that TRAIN’s additional excise taxes have prevented Filipinos from feeling the benefits of lower global oil prices. Filipinos face even higher prices with the implementation of the […]
High prices, flat real wages remain despite lower inflation – IBON
February 5, 2019
Research group IBON said that the lower inflation figure for January 2019 is welcome, but stressed that prices are still higher compared to last year. Real wages have been stagnant for more than a decade and high prices remain a burden for most Filipino families, said the group. Headline inflation for January 2019 is at […]
Second year of slowing growth a wake-up call – IBON
January 24, 2019
Research group IBON said that the second year of slowing growth under the Duterte administration should be enough to jolt it out of its complacency and denial. The downturn in the last two years and the poor prospects in the year to come should be a wake-up call to start to undertake the difficult but […]
Under Duterte, econ slowing and job creation the lowest since after Marcos–IBON
January 16, 2019
Research group IBON said that the economy is slowing under the Duterte administration and that its first two full years registered the lowest level of job creation among post-Marcos administrations. The group said that these obvious signs of the country’s troubled economy should be enough to make the government reconsider its overly market-driven policies. Budget […]
Real regulation and agri dev’t needed to solve rice woes — IBON
January 7, 2019
Research group IBON said that to truly resolve high rice prices and production concerns, the government should develop domestic rice production and ensure strict monitoring and regulation. With Pres. Duterte poised to sign the Rice Tariffication Bill into law, the group said that the measure is not the solution and only covers up government’s long-time […]
