MSMEs

Php663 wage hike needed to reach Php1,207 average family living wage

May 4, 2024

A meaningful wage hike is urgent for nominal wages to keep up with the rising cost of living. Raising the minimum wage to a living wage corrects decades of injustice where workers create huge profits for employers but receive meager wages.

Worsening inflation makes admin ayuda cuts even more unconscionable – IBON

February 7, 2023

With inflation continuing to rise to 8.7% in January 2023 to its highest in over 14 years, it is unconscionable for the Marcos Jr administration to keep slashing cash assistance to struggling Filipinos in urgent need of relief.

Wage hike possible with transparency, gov’t support

April 9, 2022

If employers are transparent about their revenues and net incomes this will likely show that large corporations and even many medium enterprises can hike wages with only a small cut on their profits. Government can meanwhile provide wage subsidies and other forms of support to MSMEs who cannot yet afford this.

Record debt not due to COVID-19 response

March 5, 2022

The Duterte administration did not change its priorities despite urgent pandemic needs and, if anything, only used COVID-19 response to cover up massive borrowings for continued debt servicing and infrastructure.

IBON Executive Director on govt’s heightened alert levels and COVID strategy shift

January 12, 2022

IBON Executive Director on gov’t COVID strategy shift

Shifting to MGCQ a short-sighted and desperate move without containing pandemic–IBON

February 18, 2021

Easing restrictions will not spur recovery without a real fiscal stimulus while risking the more rapid spread of COVID-19