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Continue reading →: More Filipinos think Aquino not addressing oil overpricing
The latest survey of the Social Weather Stations (SWS) shows that while the Aquino administration continues to enjoy high public satisfaction ratings, more Filipinos are dissatisfied with government response on the issue of oil prices. According to the SWS’s Dec. 3-7, 2011 survey, published yesterday (Feb. 13) by the BusinessWorld,…
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Continue reading →: 14 years of oil deregulation is enough! (Last part)
Read part 1 here When the ever controversial and IMF-pushed ODL was still being deliberated in Congress, its ardent proponents peddled it as the policy that will end the domination of the Big Three oil companies, namely Petron Corporation, Pilipinas Shell, and Chevron Philippines (formerly Caltex), over the local downstream…
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Continue reading →: 14 years of oil deregulation is enough! (Part 1)
On February 10 (Friday), Republic Act (RA) 8479, or more notoriously known as the Oil Deregulation Law, will mark its 14th year of implementation. The law, which was aggressively pushed by the International Monetary Fund (IMF), was enacted on Feb. 10, 1998 by the 10th Congress. Because oil is a very…
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Continue reading →: US agenda in Asia and the risks that Aquino is courting
Manila and Washington have both denied that the bilateral strategic dialogue between their senior diplomats and defense officials last week intends to bring back permanent American military bases in the Philippines. The talks, they said, is just meant to explore increased US military presence in the country such as conducting…
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Continue reading →: PH economy in 2011 (Last part): Dim growth prospects for 2012
First published by The Philippine Online Chronicles (Read Part 2 here) President Benigno S. Aquino III has described his first full year in office a fruitful year, citing the supposed gains in reducing poverty and corruption. Aquino claimed that he was able to increase this year’s budget for health and…
