Tag: FDI

Stop over-relying on foreign investments, government told

June 4, 2018

Soon after the enactment of the Ease of Doing Business and Efficient Government Service Delivery Act, research group IBON said that the Duterte government should not depend on foreign investments for economic progress and job generation. For expediency, the Ease of Doing Business Act or Republic Act (RA) 11032 simplifies the application process for the […]

There is room for pro-people economics but 10-pt agenda concerning–IBON

July 16, 2016

“While there are sunny prospects, the 10-point agenda of neoliberal policies hangs over like a dark cloud,” said research group IBON’s executive director Sonny Africa yesterday at its political and economic briefing. In its 2016 Midyear Birdtalk held at the University of the Philippines, IBON welcomed the Duterte administration’s opening of opportunities for pro-people measures […]

Hindi lumingon–a second look? The economics of the Duterte administration

May 14, 2016

by Sonny Africa IBON FEATURES – Presumptive president Rodrigo Duterte projected a vastly different image from the other presidential candidates and indeed from every national politician the Philippines has ever had: coarse, cussing, irreverent, misogynistic, an unrepentant human rights violator, and a self-proclaimed “Socialist” and “Leftist”. But, never mind, the strongman was effective and got […]

Duterte’s 8-point economic agenda business as usual

May 14, 2016

The 8-point economic agenda of presumptive president Rodrigo Duterte is an elitist neoliberal agenda, research group IBON said. It is good for big business at the expense of the majority of Filipinos and long-term national development. Its “business as usual” belies the clamor for change and, in repeating Aquino-era policies that drove this clamor for […]

Jobs crisis will persist despite growing FDI if next admin retains neolib frame–IBON

April 27, 2016

#BeyondElections2016 | Research group IBON pointed out that growing foreign investment under the Aquino administration has not improved the country’s jobs situation. This, as the presidentiables vow to continue the major economic policies of the incumbent administration, which has made attracting foreign direct investment (FDI) a key strategy for inclusive growth. IBON noted that annual […]