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Continue reading →: Overpricing amid speculative oil price spikes, not supply, is more urgent concern
(This article was first published by the Philippine Online Chronicles) On Tuesday (Mar. 8), oil firms implemented the eighth round of oil price hikes this year and the third round in one week. All in all, the pump price of diesel has already increased by P6.75 per liter since January;…
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Continue reading →: EDSA 25: Economic legacy of the first Aquino administration
The P-Noy administration has drawn up a series of activities to commemorate the silver anniversary of EDSA People Power. It started last week and will continue until Feb. 27 highlighted by exhibits, concerts, and a freedom tour and boodle lunch along EDSA, among others. Amid the planned revelry, the Filipino…
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Continue reading →: A regime of high prices: Aquino’s apathy towards the poor
(This article was first published by the Philippine Online Chronicles) Slammed by critics for his landlord roots and rich kid fascination for luxury cars, President Benigno Aquino III is increasingly being perceived as having no concern for the poor. When he promised change during the campaign, many voters apparently believed…
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Continue reading →: LRT, MRT fare hike: no other recourse but to protest
Today’s (February 4) public consultation on the LRT and MRT fare hike organized by the Light Rail Transit Authority (LRTA) and the Department of Transportation and Communications (DOTC) confirmed two important issues. First, that the fare hike is indeed meant to pass on a bigger share of the debt burden…
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Continue reading →: Public consultation on LRT/MRT fare hike starts today as Pangilinan offers to buy MRT for $1.1B
One of the most basic questions that we have been asking DOTC and LRTA officials is what constitutes their estimated full cost fare of P35.77 for LRT 1, P60.75 for LRT 2 and P60.03 for MRT. Sadly, we have not been given a detailed and exact answer (the closest is…
