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Economics for the Filipino people #PeopleEconomics

🇵🇭
Joined October 2009
IBON Executive Director on the president’s call for patience amid his ASEAN Summit inconveniences #BuildFilipino #ASEAN2026PH
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The Philippines has not benefited or developed from over 50 years of a semiconductor industry in the country. How will this be any different under Pax Silica? #ASEAN2026 Web: ibon.org/en/over-50-years-of…
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Despite billions in foreign investments, semiconductor manufacturing remains low value-added while foreign firms reap huge profits.
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The PH has not benefited from over 50 years of a semiconductor industry in the country. Despite billions in foreign investments, semiconductor manufacturing remains low value-added while foreign firms reap huge profits. How will this be any different under Pax Silica?
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Third quarter economic growth is the slowest in 17 years and combines with the worst inflation and unemployment in the region to make the Philippines the economic laggard of Southeast Asia. Web: ibon.org/en/ph-southeast-asi…
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The country is rapidly heading towards stagflation unless the Marcos Jr administration substantially increases spending to increase agricultural production, support small enterprises, and boost household purchasing power. #BuildFilipino FB: facebook.com/share/p/19vNkmG…
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Aiming for Php1,300 daily for a family of five is a better sign of putting people's needs over private profit. #UpholdRightsAndWelfare #PeopleEconomics Web: ibon.org/en/ibon-ed-on-low-p…
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The Philippines now has the highest inflation rate in Southeast Asia, underscoring how the Marcos’ administration’s ineffective response—not just the global oil price shock—is driving the crisis. #BuildFilipino #PresyoIbaba Read more: ibon.org/tl/poverty-wages-fa…
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IBON Executive Director on the state of the Philippine economy (in an interview with Ivan Mayrina at GMA's Unang Hirit) #PeopleEconomics Web: ibon.org/en/ibon-ed-on-ph-ec…
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The BSP’s interest rate hikes will further weaken household consumption, investment and economic growth without addressing the underlying sources of inflation. #BuildFIlipino Web: ibon.org/en/bsp-rate-hikes-m…
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Don't panic sa pagsadsad ng piso sa dolyar? How about, let's deal with our triggers collectively. Think 🤔 keep calm 🙂‍↕️ and fight ✊ #AnsabeNgIBON
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Contrary to Malacanang's claims, amid the ongoing oil price shock driving up production costs and a worsening Super El Niño damaging crops and livelihoods, government aid remains a pittance compared to the scale of farmers' and fisherfolks' needs. Web: ibon.org/tl/marcos-admins-pe…
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The Philippines is the world's 2nd largest nickel producer and has the 6th largest nickel reserves. #BuildFilipino Web: ibon.org/tl/ph-critical-mine…
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Yet despite decades of mineral extraction, domestic processing by Filipinos and industrial linkages remain weak. The country's mineral wealth has not been harnessed for local industries. #BuildFilipino
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Damages to the economy and the people are mounting on top of long-standing vulnerabilities. Yet government response is dryer and even harsher than Super El Niño. #UpholdRightsAndWelfare #BuildFilipino Web: ibon.org/tl/super-el-nino-go…
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IBON Executive Director Sonny Africa on the Philippine peso slump #BuildFilipino #StriveForSovereigntyAndIndependence
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KALINGA depends heavily on executive discretion and emergency declarations. Assistance is triggered only after specified conditions are met, even though households begin absorbing higher prices from the first day of an oil price surge. Web: ibon.org/en/kalinga-relief-t…
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By the time emergency mechanisms are activated, many families have already cut back on meals, delayed medical care, borrowed money, or sacrificed other basic needs. #UpholdRightsAndWelfare #SahodTrabahoAtKarapatan
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