inflation
Govt’s TRAIN to blame for highest inflation in nearly 10 years — IBON
July 5, 2018
Research group IBON said that the government’s insistence on higher taxes especially on the poor is among the factors driving inflation rates to their highest in nearly a decade. The group said that runaway inflation is due to the peso depreciation and rising global oil prices combined with the Tax Reform for Acceleration and Inclusion […]
Duterte aggravates the Filipino people’s woes
July 4, 2018
The Duterte administration’s second full year in office sees the people’s condition worsening and the need for genuine reforms even more urgent. The government is however digging in its heels and pushing more harmful neoliberal measures that aggravate the people’s plight instead of implementing policies that overcome economic backwardness. Filipinos struggle to cope with fast […]
Raising the bar: Demanding a decent minimum wage
June 22, 2018
Before being retrenched for protesting condiments manufacturer NutriAsia for its various labor rights violations, Alvin Lascano, a machine operator, used to receive Central Luzon’s (Region III) minimum wage of Php380.00. According to the government, wages in the country have to vary because of varying costs of living in the different regions. “Pero hindi naman nagkakalayo […]
TRAIN worsens burden of inflation on poor – IBON
June 7, 2018
Almost 18 million Filipino families are already hard-pressed to survive on incomes below the family living wage of Php30,000 per month estimated by IBON Research group IBON said that higher prices as reflected in the accelerating May 2018 inflation bears heavily on the poor, and that the recently passed Tax Reform for Acceleration and Inclusion […]
Wage hike urgent, and should be substantial, gov’t told
May 31, 2018
Research group IBON said that the government’s recently announced plan to respond to labor’s clamor for an increase in the minimum wage is welcome. IBON underscored that this move is urgent amid rising prices, and added that the hike should be meaningful enough to keep up with accelerating inflation and worsening poverty, said the group. […]
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 […]
Wage woes amid higher prices
April 21, 2018
There should be an immediate, substantial and across-the-board minimum wage increase against the high inflation. Approve and mandate the Php750 national minimum wage that workers’ groups are calling for. Suspend TRAIN Package One, which is among the drivers of inflation. Ensure job security, necessary benefits, working conditions, and much needed social services to assist Filipino […]
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 […]
First quarter of TRAIN: A preview of the worse to come for the poor
April 20, 2018
Nanay Inday joins the many ordinary folk in bearing the brunt of price hikes upon the January 2018 implementation of the first package of the Duterte administration’s Tax Reform for Acceleration and Inclusion (TRAIN). A resident of the urban poor community in San Roque North Triangle, she laments that there are no longer Php5.00 bundles […]
