foreign direct investment
FDI, importation won’t solve inflation
March 11, 2024
Cha-cha does nothing to address high prices of basic goods and services now, and will just make the country even more addicted to imports and foreign capital.
FDI not enough to create gainful jobs
March 11, 2024
The 1.4 million drop in jobs underscores that strengthening the local economy, not Charter change, is needed.
IBON Executive Director on high-level US trade mission in the Philippines
March 11, 2024
“Instead of misplaced pride in being a mere Southeast Asian address for foreign capital, the government should be strictly regulating them to build national brands in Filipino industry.”
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.
Trade deficit worsened as FDI increased
February 25, 2024
Reducing ‘restrictiveness’ does not guarantee foreign investment
February 25, 2024
Foreign investment doesn’t mean development
January 26, 2024
The Marcos Jr administration claims that relaxing the Philippine Constitution’s economic restrictions through charter change or Cha-cha will attract more foreign investments and bring development to the country. But will further investment liberalization do this or just worsen Filipinos’ economic woes?
IBON: Reject RCEP
January 31, 2022
It’s long overdue to let go of the reckless abandonment of agriculture and the Philippine economy to market forces that the Philippines is ill-prepared to take advantage of. IBON calls on our senators to reject Philippine membership in RCEP.
