Philippine economy

Duterte selling out sovereignty for Chinese funding – IBON

June 20, 2019

Research group IBON said that the Duterte administration’s downplaying of the hit-and-run by a Chinese vessel of a Philippine fishing boat in the West Philippine Sea (WPS) shows how it gives more importance to Chinese funding over Philippine sovereignty. On June 9, a Chinese vessel rammed and sank the Filipino fishing boat F/B Gem-Ver and […]

Regressive TRAIN Law A Foreign Dictate

June 13, 2019

Public services for foreign ownership

June 13, 2019

On Sin Tax: Raise direct taxes rather than consumer taxes –IBON

June 7, 2019

Research group IBON said that the passing of the Sin Tax Reform Bill made the country’s tax system more regressive by increasing consumer taxes that burden the poor while cutting income tax and corporate tax that make the rich even richer. As part of the government’s tax reform agenda, Senate Bill No.2233 or the Sin […]

Govt should address job losses in agri, manufacturing — IBON

June 5, 2019

Research group IBON said that the rise in employment and decline in unemployment is seemingly welcome after the worsening job generation in the past four consecutive labor force rounds. But this should not be taken at face value because of alarming underlying trends. This includes job losses in the production sectors that the Duterte administration […]