foreign investments

NEDA misses the point of people’s dissatisfaction — IBON
February 20, 2024
The Marcos Jr administration claims to acknowledge inflation, job creation, food security and poverty woes but their response is to push the same economic policies that cause these to begin with.

Econ Cha-cha will not develop PH nor solve livelihood crisis — IBON
January 18, 2024
Cha-cha will only bring more of the same foreign investment liberalization that has stranded the country’s development for decades and left millions of Filipinos struggling amid a jobs crisis.

The expensive and harmful ‘Build Better More’
June 2, 2023
The Philippine government has a repetitive narrative when it comes to infrastructure – that it will “revitalize the economy” and “create more jobs” or that the government is “Building more for better lives” — claims so-repeated that they seem like obvious benefits. But history shows that this is not always the case.

Foreign investment hasn’t done much to develop the Philippine economy
March 6, 2023
Foreign investment can play a role in development but, clearly, not under the free market-oriented policy framework the government has been insisting on since the Marcos dictatorship.

Charter change compromises Philippine economy
January 12, 2021
Pursuing economic Cha-cha in the middle of a public health crisis and unprecedented economic decline smacks of putting vested interests first over squarely addressing the urgent need to create and save jobs, incomes and small businesses.

IBON Executive Director on the CREATE Bill and FDI
May 28, 2020

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 […]