December 01, 2015     Philippines
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Philippine economy

Friday, February 22nd, 2013

Loss of one million jobs reveals instability of Philippine economy

By BENJIE OLIVEROS A report revealed that a million jobs were lost from 2011-2012. The report cited data from the Department of Labor and Employment showing that the number of employed Filipinos went down to 37.668 million in October 2012 from 38.55 million in October 2011. It also cited data from the National

Thursday, February 14th, 2013

Get real & concrete, candidates told at start of economic briefing, campaign season

By MARYA SALAMAT “Aquino’s rhetoric of change and growth cannot hide the reality...

Monday, December 31st, 2012

Elite governance, elite economics: When vaunted growth clashes with reality

By ARNOLD PADILLA MANILA — In 2012, the dominant theme peddled by the Aquino administration was “good governance is good economics”. Malacañang’s hoax is that the “daang matuwid” (righteous path) has created a favorable environment for...

Sunday, July 24th, 2011

Research Group IBON rated SONA 2010 promises vs performance

By The public deserves better than a selective presentation of facts and figures in the president’s first year, and is hoping to be given a whole picture of the state of the nation. This is the...

Friday, June 18th, 2010

Benjie Oliveros | One Economy, Different Views

By BENJIE OLIVEROS Analysis The Arroyo government is once again gloating over the 7.3 percent GDP (Gross Domestic Product) growth for the 1st quarter of 2010. The National Statistical Coordination Board called it a “glorious ending”...

Saturday, February 7th, 2009

Despite P330-B Stimulus Package, Job Losses to Hit Around 1.2 M in 2009

Experts have described the recession as a “supercrisis”, which could be long and deep. Its impact on poor and underdeveloped economies like the Philippines is just starting to unfold. Obviously, emergency employment through a stimulus package as...

Saturday, February 7th, 2009

Stimulus Package Mere Recycling, Misleading – Solons

Members of the House Committee on Economic Affairs grilled National Economic Development Agency (NEDA) Director General Ralph Recto over the P330-billion economic stimulus package at a hearing, February 4. The stimulus package, which is much touted by...

Saturday, February 7th, 2009

Too Little, Too Inconsequential, Too Late

The efforts of the Arroyo government to address the impact of the combination of the world economic crisis and the crisis of Philippine society are too little, too inconsequential, and too late. The extent of the crisis...

Saturday, January 31st, 2009

10.7 M Jobless Filipinos in 2008: Record Joblessness Among Arroyo Government’s Greatest Failures

The Philippines’ record-high unemployment is considered among the greatest failures of the Arroyo administration and is seen to even worsen this year. BY IBON FOUNDATION Posted by Bulatlat The Philippines’ record-high unemployment is considered among the greatest...

Monday, January 19th, 2009

Philippines Effectively Enters Recession

Even as the administration continues to deny that the global economic turmoil will push the country into a deeper crisis, the Philippines has effectively started to enter a recession. BY IBON FOUNDATION Posted by Bulatlat Even as...

Friday, December 5th, 2008

Congress urges Malacañang to be pro-active amid global slowdown

Amid the global slowdown, the House Committee on Economic Affairs is urging Malacañang to be more pro-active in protecting the domestic economy and in re-orienting the economy towards greater self-reliance. The committee report on House Resolution No....

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