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The onset of Cha-cha threatens the education sector to the further gain of both local and foreign capitalists.
“What we lost is not just the resources, but what our country could have done to industrialize and provide jobs.”
“The Philippine economy has not developed despite rising foreign investments because domestic economic policy has been biased for foreign investors at the expense of long-run national development.” – Ibon Foundation
“The fight against charter change is not about votes in Congress but about the demands of huge numbers of people gathering and forcing their district representatives not to throw support for charter change.”
Part 2 | Who will benefit from Chacha? Not the poor, progressive groups say
This year, private water concessionaires are up for ‘rate rebasing,’ meaning they would substantially increase water rates to pass on the costs of their planned projects, some of which would not be implemented but will be charged to consumers anyway. This is aside from the usual rate increases.
Read also: Metro Manila experience: Poor water service, unjustified rate hike petition
By SONNY AFRICA Ibon Foundation In his state of the nation address (SONA) on Monday, Pres. Noynoy Aquino will likely highlight so-called economic achievements such as the recent economic growth, stock exchange performance, strengthening peso, credit upgrades and...
By ANNE MARXZE D. UMIL Bulatlat.com MANILA – The Philippines has the most expensive electricity rates in Asia, a study by International Energy Consultants (IEC) showed. The Philippines is also the only country with a privatized power industry and without government...
By Pat Rey Lara Bulatlat.com In all honesty, I find Economics boring. From GNP to Inflation, the terms give me a headache. Some people are lucky enough to get along with Economics and unfortunately, not me. Just consider me as a confused and curious teenager trying...
By INA ALLECO R. SILVERIO
"Since July 2010, skyrocketing commodity prices coupled with stagnant wages have eroded workers’ wages in lightning speed, which is unmatched by the previous administration,” said EILER executive director Anna Leah Escresa.
By IBON Foundation Global oil prices are reaching record highs not because of unmanageable factors. In reality, giant transnational oil corporations that exert monopoly control over the global oil industry have the capacity to bring down oil prices. Super companies...
The 1986 People Power uprising created a moment of national unity and international credibility that could have been the starting point of real economic progress. By SONNY AFRICA / Ibon Foundation / bulatlat.com
By INA ALLECO R. SILVERIO
A new poverty index that reconfigured the method of determining the extent of poverty in the Philippines has been criticized as deceptive and can be exploited by the government to declare that life has become better under the Aquino administration, critics said the other day.
Media Release There is a marked increase in the 2011 national government (NG) budget submitted to Congress, making the proposed budget alarmingly patronage-rich, says research group IBON. The Priority Development Assistance Fund (PDAF) in the proposed 2011 budget...
For most consumers, power rates have increased by an average of almost 30 percent from December 2003 to December 2004. In July 2003, the country had seen the unbundling of power rates. BY ALEXANDER MARTIN REMOLLINO Bulatlat.com For most consumers, power rates have...
One of Ibon’s proposals is a system of centralized procurement of imported crude oil and refined oil products, a necessary step to ensure the steady supply of reasonably priced petroleum in the country. By Arnold Padilla Ibon Features Posted by Bulatlat It has now...
Bulatlat.com Based on the latest survey of an independent research think-tank, it appears that four out of every five Filipinos are dissatisfied with Gloria Macapagal Arroyo's performance as President while three out of every five Filipinos think that the economy...
"Governments that forsake control over the domestic economy betray their poor farmers, workers and small and medium businesses." Posted by Bulatlat.com The recently-signed trade and investment framework agreement (TIFA) between the U.S. and the Association of...
“Until sufficient jobs can be created, overseas workers will have to continue risking physical and psychological abuse, and even death, in order to feed their families and ensure them a decent life.” By Aubrey SC Makilan Bulatlat.com As the poorest island in the...
The Japan-Philippines Economic Partnership Agreement (JPEPA) is a dangerous first step towards complete government renunciation over policy-setting towards the development of the domestic Philippine economy, said IBON research head Sonny Africa. BY IBON FOUNDATION...
By ANNE MARXZE D. UMIL
Pagbabago! and Ibon Foundation dare the Filipino people to be more critical in choosing their candidates. High on their "people's criteria" are concrete steps by the presidential candidate to stamp out corruption and to promote human rights and stop abuses.
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