Public Service Act
Our destructive foreign investment fetish
March 28, 2022
Is foreign direct investment the magic bullet for development that it is so often made out to be? Not really, if we look at the Philippine experience with unjaundiced eyes.
Duterte giving public utilities to foreign capital
February 3, 2022
Congress recently ratified the bicameral version of the bill amending the Public Service Act and opening up domestic sectors to 100% ownership by foreign capital. This includes telecommunications, shipping, airports, airlines, railways, subways, expressways and tollways. Passing this proposed law will be one-step-forwards-two-steps-backwards for the country.
2018 prosperity by Duterte policies not for all—IBON
January 2, 2018
Admin’s avid push for market-driven measures will run over the poor majority The new year seems to usher in more difficulties for Filipinos in accessing basic goods, public utilities, and services amid government’s exclusionary policies, research group IBON said. The market-driven policies that have been prioritized by the Duterte government such as the Tax Reform […]