Philippine economy
PDP 2017-2022: Unchanged Market Fundamentalism (First of Two Parts)
June 6, 2017
by Sonny Africa The Duterte administration’s public launch of its PDP 2017-2022 on June 2 somewhat coincidentally happened the day after the supposed June 1 end of the fifth round of peace talks between the Philippine government’s peace talks and the National Democratic Front of the Philippines (NDFP). The cancellation of talks by the government […]
Tax reform should be pro-poor, progressive
June 3, 2017
Research institution IBON said that government should be willing to forge a genuinely progressive tax system instead of adopting one that remains pro-rich. The group said this upon recent Congressional approval of the first part of the Department of Finance’s (DOF) Comprehensive Tax Reform Package (CTRP). Forging a truly progressive tax package is an important […]
Martial law declaration will not help economy–IBON
May 25, 2017
The Duterte administration’s declaration of martial law in Mindanao increases political instability in the country, research group IBON said, and will not help the economy, which is already slowing as it is. While the 1987 Constitution provides for such a declaration, its indiscriminate use gives the impression of an authoritarian government arbitrarily using power for […]
Four reasons why RCEP will be detrimental to Filipino farmers
May 16, 2017
The fight of Filipino peasants such as the farmworkers of Hacienda Luisita and Lapanday Foods Corporation for land, food, and justice, stands to be further undermined once the Philippine government fully accedes to the China-backed mega Free Trade Agreement (FTA) Regional Comprehensive Economic Partnership (RCEP). While the controversial Trans-Pacific Partnership (TPP) was seemingly put […]
RCEP is Undemocratic and Anti-Development
May 11, 2017
IBON Foundation Statement for the Stakeholders’ Meeting of the Trade Negotiating Committee (TNC)18th Round of Negotiations on the Regional Comprehensive Economic Partnership (RCEP) Manila, May 10, 2017 Our countries should not be prevented from implementing real development policies. After over three decades of globalization we need to reclaim our economic sovereignty, not erode this even […]
Reject moves to further weaken investment regulation at RCEP talks – IBON
May 10, 2017
Research group IBON urged Philippine negotiators to reject proposals that may further restrict the policy options of the country in regulating foreign trade and investment. IBON made the appeal as it joined other cause-oriented groups in a dialogue today with trade officials from the Philippines and other countries that are negotiating the Regional Comprehensive Economic […]
Pro-rich, anti-poor tax program passes through House committee –IBON
May 5, 2017
As the Tax Reform for Acceleration and Inclusion Act (TRAIN) which contains the first part of the Department of Finance’s (DOF) proposed Tax Reform Package advances in Congress, research group IBON reiterated that this legislative proposal remains biased for the rich and burdens the poor. With the majority approval of the House of Representatives committee […]
Infographic: Poor quality work persists in the Philippines
May 1, 2017
“IBON re-estimates of labor force survey figures amount to over four million unemployed Filipinos with an unemployment rate of over 9% and the officially reported 7.5 million underemployed with an underemployment rate of 18.3% in 2016. This indicates that there are still a considerable 11.5 million who are without work or still looking for […]
Earth Day 2017 | Four towns and an Apple: Mining and environmental plunder
April 22, 2017
By Glenis Balangue A day before Earth Day, technology giant Apple made a bold claim. Blamed time and again for its role in sustaining the highly destructive mining industry, Apple said it plans to stop using minerals and metals for its famed iPhones and Macs. In its 2017 Environmental Responsibility Report, Apple said that to […]