September 20, 2014     Philippines
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Economy & Business


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.”

Wednesday, September 17th, 2014

Controversial contractor raked in billions of taxpayers’ money

So far, the biggest likely overpriced project involving HCC is the P700-million Iloilo Convention Center (ICC), a pet project of Senate President Franklin Drilon. The convention center has been partly funded by Drilon’s Priority Development Assistance Fund...

Friday, August 22nd, 2014

MRT staff to blame for mishap? Not that simple

“We reject the suggestions that these problems (in MRT) would be magically solved by a fare hike. A fare hike would be like rewarding the grossly incompetent, taxpayer money-addicted private management of the MRT.” – James Relativo,...

Thursday, May 22nd, 2014

4 arrested in protest vs WEF, Aquino government

The so-called tiger economy of the Philippines has never trickled down to the poorest Filipino communities, most of which can be found in climate-sensitive and disaster prone areas still vastly vulnerable and unprepared for their impact.” –...

Saturday, April 12th, 2014

Manila city council opposes high electricity rates

Raymond Palatino of multisectoral alliance POWER hopes that City Resolution 6165, ‘A Resolution Expressing the Strong Opposition of the City Council of Manila to the High Electricity Rates Charged by Power Companies’ will inspire other city councils...

Wednesday, March 5th, 2014

Charter Change to pave the way for ‘ocean grab’ – fisherfolk group

“The decision of the House Committee on Constitutional Amendments to amend the 1987 Constitution will entice fishing investors abroad to embark on monopoly fishing expeditions inside the country’s territorial waters to fish for high value sea-based products...

Thursday, February 6th, 2014

Despite virtual monopoly, price-fixing, Meralco paints self as ‘not the bad guy’ in rate hike

In this week's hearing, Meralco is ostensibly just following rules, and WESM rules have inability to prevent manipulation while the regulator failed to ensure rules do not prejudice Meralco costumers. Read also: Opposition to Meralco rate hike...

Monday, January 27th, 2014

‘Rice smuggling happened with gov’t consent’ – Anakpawis

“The farmers-as-importers program is nothing but a legal cover provided by the NFA to rice cartels and smugglers to corner the big bulk of rice importation.” – Kilusang Magbubukid ng Pilipinas

Saturday, January 18th, 2014

Against power rate hike, workers, youth call for Jan. 21 Blackout Protest

"We find it revolting that Meralco is the No. 1 corporation in the country in terms of profits while the Philippines is No. 1 in Asia in terms of costly electricity rates.”

Friday, January 3rd, 2014

2013: Unchanged policies and economic disasters

Growth is becoming more exclusionary with every year of the Aquino administration and its unreformed economic policies By IBON FOUNDATION MANILA — The year 2013 has seen more rapid economic growth, rising foreign investment, and praise from...

Friday, November 8th, 2013

Evicted and starved, Hacienda Dolores farmers fight for their land

The farmers were living peacefully, tilling the land to feed their families until two private companies began evicting them and claimed their land.

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