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Continue reading →: Economy continues slowdown under Duterte
The gross domestic product (GDP) grew by just 5.6% in the first quarter of 2019. That’s the slowest quarterly growth in four years. Duterte’s economic managers are pinning the blame on the delayed passage of the 2019 national budget. What they do not say is that the slowdown this quarter…
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Continue reading →: Wage hikes, slowest under Duterte
(UPDATED May 1, 2019) Did you know that among all post-EDSA presidents, the minimum wage has increased at the slowest pace under Pres. Rodrigo Duterte? In his first three years in office, the minimum wage in NCR (non-agricultural rates and including allowance) has only increased by an average of 9.8…
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Continue reading →: Counting the poor, measuring poverty
Just before the Holy Week break, the Philippine Statistics Authority (PSA) reported that the country’s poverty incidence dropped to 16.1% of families in the first half of 2018 from 22.2% during the same period in 2015. Among individuals, the poverty incidence fell to 21% from 27.6 percent. This supposedly means…
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Continue reading →: Landlessness, poverty and war in Negros
“Kaya dun po sa amin Di biro ang magtanim Magpunla ka ng binhi Punglo ang aanihin.” (Magtanim ay di biro) On Mar 30, 2019, the police and military killed 14 farmers in separate operations in the city of Canlaon and in the towns of Manjuyod and Sta. Catalina – all…
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Continue reading →: Questions on Manila Water’s compensation
Still reeling from public backlash, Manila Water will now “voluntarily” compensate consumers affected by the water supply interruptions. The estimate is that the initial compensation will cost the Ayala firm Php150 million. That obviously is merely a drop in the ocean of Manila Water profits, so to speak. In 2018,…
