August 01, 2015     Philippines
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Economy & Business

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Wednesday, June 17th, 2015

MRT deemed more dangerous, decrepit due to privatization

"it does not take a genius to figure out that we have been lied to. We have been scammed and held up by corporations and our own government, all in the name of private profits and debt incurred by the government due to an onerous build-lease transfer (BLT) contract with the Metro Rail Transit Corporation's (MRTC)."

Tuesday, February 10th, 2015

Big time oil price hike questioned amid falling global oil prices

International oil price data show local oil prices should have been going down rather than up.

Tuesday, February 10th, 2015

Commuters urge High Court to issue TRO vs. MRT-LRT fare hikes

RILES Network believes officials of the Aquino government involved in privatizing the MRT and LRT of hastening it to collect kickbacks in time for 2016 national elections.

Tuesday, January 27th, 2015

Benguet flower growers seek help against extortion

By KIMBERLIE NGABIT-QUITASOL www.nordis.net LA TRINIDAD, Benguet — Cut flower growers of Alno village in this capital town sought the intervention of the town council to curb the abusive extortion practice of some traffic enforcers along the...

Thursday, January 8th, 2015

Why is Aquino raising MRT, LRT fares when it is not needed? groups ask

“There is more than ample budget for the MRT and LRT but Malacañang wants to increase fares so that they can have discretion over the savings and turn this into a Disbursement Acceleration Program (DAP)-like pork barrel...

Thursday, November 20th, 2014

Group blasts Agus-Pulangi hydro plants privatization

By MART D. SAMBALUD Davao Today DAVAO CITY — Advocates in Lanao del Sur blasted the proposed privatization of Agus-Pulangi hydropower plants in Mindanao by 2017. “The privatization plan lacks proper consultation and approval from the people...

Wednesday, October 22nd, 2014

‘Not emergency power, but brain power and truth, to address thinning reserves’

“While we should look for solutions if there is an impending crisis, we should guard against short term knee jerk solutions that make energy costly.” – Bayan Muna Rep. Neri Colmenares

Saturday, October 18th, 2014

‘7 – 5 doables to reduce power rates, prevent 2015 power outage’

“The problem with Malacañang’s proposal to allow the President to enter into P6 billion to P10 billion ($136 million to $227 million) worth of negotiated power contracts is that it is based on Energy Secretary Jericho Petilla’s...

Thursday, October 2nd, 2014

Bayan rues ‘End of an era’ as Aquino privatizes LRT 1

“We maintain that the concession agreement is grossly disadvantageous to the public. It will be disastrous for commuters.” – Renato Reyes, Bagong Alyansang Makabayan

Thursday, October 2nd, 2014

Public to shoulder more costs than Ayala-MVP in LRT deal — Ibon

The public-private deal concerning LRT will give the Ayala-MVP Group the benefit of the government’s official development assistance (ODA) in financing more than half of the total project cost of about P65-billion. The government committed to shoulder...

Thursday, September 18th, 2014

LRT privatization deal grossly disadvantageous |‘Another MWSS in the making’ – thinktank

The LRT privatization deal has been dubbed by Bayan and commuter groups such as the RILES Network as the “great train robbery.”

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