Philippine economy

There’s money for bigger Bayanihan 3: Economic managers just refusing to give more — IBON

May 26, 2021

There is more than enough money for bigger emergency aid and stimulus in Bayanihan 3 if only the economic managers prioritize ayuda.

Negative econ growth underscores jobs crisis – IBON

May 12, 2021

The first quarter 2021 economic performance is the clearest proof that government hype of employment surpassing pre-pandemic levels are hollow. The quality of work is deteriorating and the number of unemployed is higher compared to a year ago.

On the first quarter 2021 GDP growth: Govt missteps stalling real PH recovery

May 12, 2021

The government claims to be balancing health and economic concerns. The first quarter economic contraction, however, confirms that we are instead getting the worst of both worlds – economic losses and human suffering.

Gov’t hyping employment gains to avoid giving more ayuda, stimulus – IBON

May 6, 2021

Latest labor force figures show that Filipinos are not regaining their jobs and incomes and, on the contrary, are desperately trying to make a living in whatever way they can.

Greater Manila ECQ/MECQ shallow without aggressive COVID response – IBON

May 5, 2021

Repeated quarantines to slow the spread of COVID-19 will be futile if it is not coupled with sufficient health and economic measures so that citizens can return to work safely, have more purchasing power, and spur economic activity.

EO 130: Much fuss about paltry gains

April 26, 2021

The Duterte government with its EO 130 continues to argue for the reckless exploitation of the country’s vast mineral wealth for other countries’ corporate gains and industrial benefits. This makes the projected gains from large-scale mining even paltrier than they already are. We are giving up the non-renewable resource, the Philippines’ huge potential to industrialize, for nothing.

Incentives granted under the Philippine Mining Act of 1995

April 22, 2021

The Philippine Mining Act of 1995 worsened the plunder of the country’s mineral resources by big local and foreign mining firms at the expense of the environment and people’s livelihoods, culture and national sovereignty. The Duterte administration should repeal this law for all the damage it has done and will do. Instead, it recently lifted […]

IBON Executive Director on IATF mulling another ECQ extension

April 10, 2021

IBON Executive Director on IATF mulling ECQ extension