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300k jobs lost under Duterte

Job creation in the rest of the economy was not enough to compensate for the huge job losses especially in agriculture. There were gross job losses of 2.2 million between July 2016 and July 2018 but only 1.9 million in gross job creation, hence the 295,000 drop in the number of employed. Read more: http://ibon.org/2018/09/jobs-crisis-getting-worse-under-duterte-govt-ibon/

Posted 2 months ago by

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295,000 jobs lost since Duterte assumed office, IBON maintains

Research group IBON stood by its estimates that close to 300,000 jobs were lost since the start of the Duterte administration, that has been downplaying the fact. The group stressed this after Employers’ Confederation of the Philippines (ECOP) honorary chair Sergio Ortiz-Luis said that IBON’s description of jobs lost is “deceiving”. Ortiz-Luis reportedly said that 

Posted 2 months ago by

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Government losing control of economy – IBON

The Duterte administration is losing control over the Philippine economy and the poorest Filipinos are suffering for this, research group IBON said upon the release of the August inflation rate. The greatly accelerating inflation is only the latest in a series of bad economic news about the economy’s so-called fundamentals. The Philippine Statistics Authority (PSA) 

Posted 3 months ago by

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PH Economy Duterteriorating

IBON FEATURES – Stay the course, the country’s economic managers always insist. They will be the last to admit bad economic news because eternal sunshine is part of their job. Their recent spontaneous reactions against federalism are however more revealing. They are losing control of the economy as it is and they know the ill-conceived 

Posted 3 months ago by

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Wage hike needed as Filipino families’ incomes erode Jan. – July due to inflation

A substantial increase in the minimum wage is necessary and doable as the country’s poorest households are losing income due to escalating inflation, said research group IBON, contrary to the recent claims of an employers’ group. IBON estimates that income losses of the poorest 60 million Filipinos ranged from Php1,276 to as much as Php3,489 

Posted 3 months ago by

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IBON offers ‘Serve The People’ book online

On its 40th year and amid the growing tumult of an unreformed political and economic system, IBON is glad to share online Serve the People, Ang Kasaysayan ng Radikal na Kilusan sa Unibersidad ng Pilipinas by the Congress of Teachers and Educators for Nationalism and Democracy (CONTEND) and Alliance of Concerned Teachers (ACT). Serve the 

Posted 3 months ago by

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Rice tariffication to impoverish Filipino farmers more, Congress warned

Research group IBON raised concern over the current move by the House of Representatives (HOR) to lift the quantitative restrictions (QR) on rice imports and instead apply a 35% tariff on unlimited rice importation. This will practically decrease farmgate prices, said IBON, but not necessarily lower retail rice prices as government claims. Rice prices have 

Posted 4 months ago by

IBON

Govt’s TRAIN to blame for highest inflation in nearly 10 years — IBON

Research group IBON said that the government’s insistence on higher taxes especially on the poor is among the factors driving inflation rates to their highest in nearly a decade. The group said that runaway inflation is due to the peso depreciation and rising global oil prices combined with the Tax Reform for Acceleration and Inclusion 

Posted 4 months ago by

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Poor Filipino families worst hit by rising July 2018 inflation

Research group IBON said that faster inflation largely due to rising food prices hits poor households the worst. The group also said that the Duterte administration’s proposal to increase food imports is short-sighted, and that the best defense against rising food prices and high inflation is to increase domestic food supply through long-term solutions that 

Posted 4 months ago by

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What you need to know about #BoycottNutriAsia

By Ysh Cabana Ticked-off consumers, irked by NutriAsia management’s bloody dispersal amid labour disputes, are calling for boycott of favorite Pinoy brands. What is NutriAsia? Owned by Filipino-Chinese businessman Joselito Campos, NutriAsia, Inc. is the largest producer and distributor of Philipippine condiments and cooking oil. After leaving the flourishing family business in drug manufacturing, Butch 

Posted 4 months ago by