Philippine economy
Further imperiling Philippine rice
October 29, 2018
The government’s accelerated move to impose rice tariffs and lift quantitative restrictions on rice imports is touted to ease inflation. It comes with a heavy price in the long-term, however, as it puts in peril the livelihood of millions of Filipino rice farmers. Amid runaway inflation triggered by its regressive tax reform program, the Duterte […]
Worker productivity goes to profits, not wages
October 26, 2018
“A large wage hike is also justified by growing worker productivity. Between 2009 and 2017, labor productivity in NCR grew by 35% from Php456,059 per worker to Php614,297. However, that same period, the real value of the mandated minimum wage only increased by 11% and of ADBP by 16%, both measured in real terms at […]
Suspend rate hike, scrap CA with water firms, govt told
October 24, 2018
The Water for the People Network (WPN) said that government should not accede to the ruling of an international arbitral court granting the Maynilad Water Systems, Inc. petition to collect its corporate income tax (CIT) from consumers. The water rights group agreed that any impending water rate increase amid the ongoing dispute on pass-on CIT […]
Decade of 7% PH Growth: It’s Just A Fantasy
October 18, 2018
By Sonny Africa In a speech before leaders of the Association of Southeast Asian Nations (ASEAN) in Bali, Indonesia, Pres. Rodrigo Duterte said that the country is on an “upward trajectory of growth”. He was echoing the country’s economic managers who were recently touting a recovery of Philippine economic growth to the 7-8% target next […]
PH Economy Duterteriorating | Crisis in Agriculture
October 16, 2018
#WorldHungerDay #UpholdPeopleEconomics Agricultural growth today falls far behind estimated population growth of 1.6% in 2018 and is well below the 7-decade historical average of 3.0% since 1948. The agricultural slowdown is also reflected in massive job losses in the sector. The Duterte administration only gives lip service to improving agricultural productivity amid this severe crisis […]
Bolder measures beyond suspension of fuel excise needed—IBON
October 16, 2018
The Duterte administration’s announcement that it will suspend the next round of fuel excise taxes will not lower current high prices and at best only lessens TRAIN’s inflationary impact next year, research group IBON said. It is however a welcome admission of the inflationary impact of the Tax Reform for Acceleration and Inclusion (TRAIN) law, […]
IBON — Php238 NCR wage hike doable without worsening inflation
October 11, 2018
As the Metro Manila regional wage board deliberates a minimum wage hike for later this month, research group IBON said that a much-needed Php238 minimum wage increase is possible and need not be inflationary. Millions of Filipino workers including in the National Capital Region (NCR) are burdened by high prices of goods and services. The […]
New large dams onerous for Filipinos — IBON
October 5, 2018
Research group IBON joined other concerned groups and advocates to launch a network opposed to the the Kaliwa, Kanan, and Laiban dam projects of the Duterte administration. The group said that large dams do not deliver their promised benefits and are harmful to communities. Filipinos will be saddled with higher taxes, to pay for their […]
Critical thinking under government attack, transformative education at risk
October 5, 2018
Recent government statements including by the Armed Forces of the Philippines (AFP) and Philippine National Police (PNP) aim to stifle critical thinking of educators and students. By trying to censor ideas it finds objectionable, the State is violating the public’s right to free expression and academic freedom. This will stop education from being truly transformative. […]
