Philippine economy

Beware of onerous China ODA – IBON

November 19, 2018

In its eagerness to raise billions of pesos in funds for its hyped infrastructure program, the Duterte administration is brokering questionable deals with China that could threaten Philippine sovereignty. Research group IBON raised the warning in anticipation of Chinese president Xi Jinping’s upcoming visit to the Philippines. IBON said that a number of agreements between […]

Ilang implikasyon ng humuhusay na relasyong pang-ekonomiya ng Pilipinas at China

November 13, 2018

Introduksyon Bagamat Japan at US ang may pinakamalaking lagak na pamumuhunan (foreign direct investments o FDI stock) sa bansa at pang-walo lang ang China sa halaga ng approved FDI sa unang semestre ng 2018, lumalaki ang daloy ng pamumuhuhan (FDI inflows) ng China sa Pilipinas. Umabot ito sa US$1.043 bilyon sa ilalim ng dalawang taon […]

Econ slowdown due to failed govt policies, may be sign of worse to come–IBON

November 10, 2018

Research group IBON said that the government should take the economy’s 3rd quarter growth slowdown as showing what needs to be improved in its economic policies instead of being dismissive about it. Its flagship Build, Build, Build will only be a short-term boost to the economy at best and direct measures to strengthen domestic agriculture […]

Be bold enough to implement a meaningful wage hike, gov’t told

November 7, 2018

The new National Capital Region (NCR) minimum wage is still way below the amount that a family needs to cope with continuously rising prices, research group IBON said. The paltry increase reflects government’s refusal to institute a meaningful wage hike despite its urgency and doability. Government should instead have ordered employers to give a substantial […]

Lowest-income households have lost as much as Php6,800 to high inflation

November 6, 2018

The incomes of the country’s poorest households have eroded after ten months of accelerating inflation. Research group IBON estimates that the poorest 60 million Filipinos have suffered income losses of anywhere from Php2,500 to as much as Php6,800 because of worsening inflation since the start of 2018. The inflation rate has increased from 3.4% in […]