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Continue reading →: SONA 2018: Cha-cha, US free trade deal, and all-out economic liberalization under DuterteCharter change for greater liberalization of the economy and a bilateral free trade deal attest to the leading role that the US continues to play in shaping Philippine economic direction even amid the rise of China.
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Continue reading →: Minimum wage is only 13 to 27% of NEDA’s cost of decent livingUnder fire for its Php10,000-gaffe, the National Economic and Development Authority (NEDA) is now saying, through Secretary Ernesto Pernia, that the cost of decent living for an ordinary family is Php42,000. This admission by the country’s chief economist on the amount required by a Filipino household to afford a decent…
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Continue reading →: The curious case of NEDA’s Php10,000NEDA (National Economic and Development Authority) did not say that a family of five could live decently with Php10,000 a month, according to Rappler’s “Fact-Check”. End of debate? Actually no. While NEDA may not have directly referred to the Php10,000 as enough for decent living, the whole issue is what…
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Continue reading →: Inflation surges for 5th straight month since TRAIN law
There is no end in sight for high prices under President Duterte. Inflation rate has reached a new 5-year high this May at 4.6 percent. It has been continuously accelerating every month since the TRAIN Law took effect in January 2018. Even Duterte’s economic managers could not say whether inflation…
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Continue reading →: Oil prices under DuterteAs we face another round of oil price hikes this week, here’s a look at how oil prices have skyrocketed so far under the Duterte administration. Before Duterte took over, the common price of diesel in Metro Manila was Php27.95 per liter while gasoline (RON95) was pegged at Php41.15. Today,…
I’m Arnold Padilla, a Filipino activist, writer, and researcher.
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