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Continue reading →: How Aquino betrayed public interest in LRT 1 privatization
Read the first part – How MVP-Ayala will squeeze LRT 1 commuters dry In forging the Concession Agreement with the MVP-Ayala group, President Aquino has betrayed the public interest and welfare and has put government in a patently disadvantageous position. While DOTC officials claim that the MVP-Ayala group submitted a…
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Continue reading →: How MVP-Ayala will squeeze LRT 1 commuters dry
A fare hike after the presidential State of the Nation Address (Sona) and massive retrenchment of LRT 1 employees by early next year are among the immediate impacts of the Php64.9-billion LRT 1 extension and privatization project. As the lone bidder in the largest public-private partnership (PPP) deal of the Aquino…
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Continue reading →: EDCA economics
IBON Features Philippine sovereignty remains seriously challenged even as the country marks its (supposed) 116th Independence Day on 12 June. The biggest threat still comes from the US especially amid its so-called pivot to Asia. This foreign policy of the Obama regime involves the deepening of US-PH colonial ties such…
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Continue reading →: Poverty trends
In its latest survey, the Social Weather Stations (SWS) said that the number of Filipino households that consider themselves poor has slightly declined to 53% in the first quarter of 2014 from 55% in the last quarter of 2013. The Aquino administration was quick to point out that the SWS findings…
