A proposed law threatens to further privatize social services through government deals with profit-driven companies.
Category: Economy & Business
“It is apparent that Chinabank and Planters Development Bank intend to ease out regular employees as certain bank functions in Chinabank Savings are already outsourced or being handled by contractual employees.”
BULATLAT SPECIAL REPORT:
“To generate profits, Apec and other similar chains, employ fewer and unqualified teachers and provide facilities which do not comply to standards. What’s quite regrettable in this regard, and almost scandalous, is that the government has waived regulations that exist in the provision of education, to satisfy the business interests of Pearson and Ayala.”
“In 1996, President Fidel Ramos said Apec will bring development, and will make us a Tiger Economy. Now, we can’t even meow like a kitten.”
“Cementing this kind of neoliberalism requires repression and we’ve seen that repeatedly.”
The Philippine Coconut Authority’s (PCA) 2014 to 2023 road map has identified about a million hectares of potential oil palm farms. Ninety eight percent of these areas are in Mindanao.
“We cannot turn a blind eye for our members who are being eased out of their jobs one by one by the management just to save on costs in the name of profit.”
“Women’s supposed domination of small and medium scale businesses do not prove inclusiveness and gender equality.”
“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).”
International oil price data show local oil prices should have been going down rather than up.
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.