Tag: China loans

Gov’t designed Kaliwa loan to favor China—IBON

March 26, 2019

The Kaliwa Dam loan agreement is designed to unduly favor Chinese interests over that of the Philippines. IBON Foundation raised this concern in the wake of the release, upon public pressure, of this and other loan agreements. Metro Manila private water concessionaire Manila Water Company, Inc. and the Metropolitan Waterworks and Sewerage Systems (MWSS) have […]

Govt should be transparent, release 9 signed foreign loan agreements — IBON

March 16, 2019

Research group IBON said the Duterte administration should immediately release to the public all nine foreign loan agreements it has already signed for infrastructure projects, especially for the upcoming Kaliwa Dam project with China. The group raised concerns of government’s transparency since it has denied IBON’s previous requests for copies of the loan agreements. The […]

Philippines in a Happy and Healthy Relationship with China?

November 28, 2018

by Sonny Africa IBON Features – Chinese President Xi Jinping’s recently concluded state visit was hyped as historic and relationship-altering in a good way towards “comprehensive, strategic cooperation”. The joint statement released at the end spoke of a couple with a healthy relationship: reminiscing the past, establishing trust, open communication, arguing in a healthy way […]

Beware of onerous China ODA – IBON

November 19, 2018

In its eagerness to raise billions of pesos in funds for its hyped infrastructure program, the Duterte administration is brokering questionable deals with China that could threaten Philippine sovereignty. Research group IBON raised the warning in anticipation of Chinese president Xi Jinping’s upcoming visit to the Philippines. IBON said that a number of agreements between […]

Ilang implikasyon ng humuhusay na relasyong pang-ekonomiya ng Pilipinas at China

November 13, 2018

Introduksyon Bagamat Japan at US ang may pinakamalaking lagak na pamumuhunan (foreign direct investments o FDI stock) sa bansa at pang-walo lang ang China sa halaga ng approved FDI sa unang semestre ng 2018, lumalaki ang daloy ng pamumuhuhan (FDI inflows) ng China sa Pilipinas. Umabot ito sa US$1.043 bilyon sa ilalim ng dalawang taon […]