News
One-fourth of increase: TRAIN aggravates oil price hikes–IBON
May 24, 2018
Government is wrong in downplaying the contribution of the Tax Reform for Acceleration and Inclusion (TRAIN) law on recent big-time oil price hikes, research group IBON said. The price of fuel products combined with the TRAIN increased since year-end 2017 to Php10.20 per liter for diesel, Php11.41 for kerosene, and Php15.14 for gasoline this week. […]
Poor-quality work increased amid economic growth–IBON
May 16, 2018
First quarter economic growth this year did not translate to better jobs for Filipinos, research group IBON said. This means that despite government claims that the groundwork for reforms has been laid, growth has remained essentially exclusionary, generating jobs that are insecure and low-paying, said the group. Socio-Economic Planning Secretary Ernesto Pernia recently announced the […]
TRAIN-induced price increases are permanent—IBON
May 10, 2018
The inflation spike marks the start of increases driven by the Tax Reform for Acceleration and Inclusion (TRAIN) in the prices of basic goods and services for the next three years, research group IBON said. Further inflationary surges are likely to happen in 2019 and 2020 when the next two rounds of additional taxes on […]
Over a million more underemployed, part-time workers under Duterte
May 1, 2018
The number of Filipino workers relegated to insecure and low-paying jobs have grown under the Duterte administration, said research group IBON. Latest official labor force data shows a higher number of employed under Pres. Duterte. The number of employed increased to 41.8 million in January 2018 from 39.3 million in the same period last year, […]
Working Filipino’s real wage, purchasing power weakening under Duterte
April 25, 2018
Research group IBON said that accelerating inflation is rapidly eroding the real wage and purchasing power of minimum wage earners in the National Capital Region (NCR). Real wages show the actual value of wages after these are adjusted for inflation. After almost two years in power, the Duterte administration has only raised the minimum wage […]
Amid price hikes: Minimum wage insufficient vs. rising family cost of living — IBON
April 20, 2018
The onslaught of price hikes since early this year has made the mandated minimum wage in the National Capital Region (NCR) even more inadequate for millions of Filipino workers to decently support their families, said research group IBON. IBON computations show that the NCR nominal minimum wage still falls considerably short of the rising family […]
January inflation partially due to TRAIN—IBON
March 2, 2018
No cash transfers to cover January inflation, with prices going even higher in the months and years to come The Department of Finance (DOF) said that January inflation was not caused by the Tax Reform for Acceleration and Inclusion (TRAIN) law. Research group IBON however points out that the new tax program definitely contributed to […]
Gov’t must ensure efficient and accessible transport for all–IBON
February 28, 2018
Policy study baring unsound transport policies released Research group IBON said that the Philippine government’s policies have increasingly opened the transport sector to profit-oriented control, thereby privatizing the transport system and undermining public usage of this very basic service. Government should reverse this trend and strengthen the public transport system to improve people’s mobility and […]
Slow TRAIN cash transfers highlight govt’s insensitivity–IBON
February 27, 2018
The poor will get relief about three months into suffering TRAIN-induced price increases with millions of others only getting it much later Research group IBON said that the slow implementation of the Duterte administration’s social mitigation measures including its cash subsidies highlights how these are just an afterthought to cover up how the Tax Reform […]