Philippine economy
TRAIN suspension, govt transparency and regulation needed to ease OPH burden
February 28, 2019
Research group IBON said that the third consecutive and big-time oil price hike only makes it more urgent for the Duterte administration to stop the oil excise taxes of the Tax Reform for Acceleration and Inclusion (TRAIN). This will lessen the impact of rising oil prices on the poorest families. The group also said that […]
Cheaper rice for now, but at what cost?
February 22, 2019
by Sonny Africa The government’s economic managers claim that the new Rice Tariffication Act which takes effect on March 5, 2019 will ensure the availability of cheaper rice for Filipino consumers. They also claim that the law will make Filipino rice farmers more competitive and profitable. Yet while rice from abroad could become cheaper for […]
Crisis in PH Agriculture
February 21, 2019
Businessmen cashing in on Metro Manila Reclamation project–IBON
February 21, 2019
Research group IBON said that the Manila Bay reclamation project under the Build, Build, Build program is a profit-led infrastructure plan that will mainly benefit big business. The group said that contrary to government claims, the project will displace nearby communities from their homes and livelihoods and destroy the environment. The Manila Bay Reclamation project […]
Three things beyond rice tariffication
February 19, 2019
President Duterte has signed the Rice Tariffication Bill into law, which promises to reform Philippine agriculture. But until the government genuinely completes land reform and gives sufficient and substantial support to agriculture, the country’s staple and Filipino farmers remain at risk. The law removes quantitative restrictions or limits to rice importation. Any amount of rice […]
Fuel more expensive due to TRAIN
February 18, 2019
Nakaambang pagsabog ng krisis sa ilalim ni Duterte
February 14, 2019
Download Usapang IBON Yearend 2018 primer here Bumabagal at humihina ang ekonomiyang Pilipino sa likod ng paggiit ng administrasyong Duterte ng pagsigla nito. Nagkukumahog ang economic team ng rehimen na mabawi ang dating momentum ng ekonomiya. Walang-habas ang paggastos ngayon sa imprastruktura pero maging ito ay tila kapos din upang mapigilan ang pag-atras ng ekonomiya. […]
Fuel prices cheaper than in 2018 if not for TRAIN
February 14, 2019
Research group IBON said that the fuel prices would be cheaper now than in 2018 without the Tax Reform for Acceleration and Inclusion (TRAIN) law. The group said that TRAIN’s additional excise taxes have prevented Filipinos from feeling the benefits of lower global oil prices. Filipinos face even higher prices with the implementation of the […]
