Layoffs in PBCom prompt bank employees’ protest
“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.”
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“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.
“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 to be spread to their favourite politicians.” – Bayan Muna Rep. Neri Colmenares
“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
“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 mere insistence of a power shortage that is not supported by verifiable data.”
“We maintain that the concession agreement is grossly disadvantageous to the public. It will be disastrous for commuters.” – Renato Reyes, Bagong Alyansang Makabayan
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 the right of way acquisition, purchase of coaches, civil works, among other expenses.
See also: Bayan rues ‘End of an era’ as Aquino privatizes LRT 1
The LRT privatization deal has been dubbed by Bayan and commuter groups such as the RILES Network as the “great train robbery.”
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 and the Disbursement Acceleration Program.
See also: Youth solon pushes probe of Makati building contractors' other govt projects
SPECIAL REPORT: “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, spokesman of Train Riders Network
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.” – Kalikasan PNE
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 in Metro Manila to pass a similar measure.
“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 such as tuna and other high priced aquamarine products.” – Pamalakaya
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 persists despite 13-cent slash in rates
“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
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