As COVID-19 wipes out whatever is left of the limited opportunities for Filipinos to earn a living, the Duterte administration’s lacking response, combined with an oppressive political environment, creates conditions for a perfect storm of social unrest.
Oil firms-imposed price adjustments are higher than what should be – by P 2.41 per liter for diesel and P4.76 per liter for gasoline, based on a DOE-recognized formula. The Big Three, a Duterte backer and other oil firms, rake in tens of millions of pesos daily from profiteering.
The hundreds of thousands of LRT-2 commuters affected by the shutdown are at the mercy of, to the say the least, an inefficient government agency and its inept private contractors that profit millions of pesos in taxpayers’ and commuters’ money.
Focusing on just Manila Water diverts the issue away from privatization as the central issue in, and underlying reason behind, the artificial shortage. As such, it also has the effect of absolving government of responsibility when in fact, the biggest accountability in all this lies with government for abandoning its duty to ensure water for the people.
While not a guarantee to lower prices in the long run, opening up the rice sector to unbridled imports leaves the country’s rice security at the mercy of an unpredictable and increasingly unreliable world market. This happens as 95 percent of Philippine rice imports come from just two countries whose own domestic production is either slowing down or declining. Globally, rice production has been steadily decelerating in the past four decades.
For most Filipino families, especially the poor and those in the lower income brackets, the rising costs of these basic needs mean tremendous pressure on household budgets.
What could possibly explain the exclusion of these giant conglomerates – two of the biggest not only in the Philippines but also in the Asian region? By ARNOLD PADILLA Bulatlat.com MANILA — The Department of Labor and Employment (DOLE) has recently released a list of 20 firms that it said are engaged or suspected to…
Such additional tax burden is enough to buy one to three kilos of rice (P27 per kilo of regular NFA rice or P37 a kilo of regular commercial rice) for their family’s consumption.
Bulatlat SPECIAL REPORT: The US would rather not stop with its aid program here. It is the key with which they’ve been maintaining their domination of the Philippine economy and military even after the Philippines’ 1946 nominal independence.
Government is clearly exaggerating the supposed economic gains from EDCA while concealing the fact that negotiators gave too many unjustifiable perks to the US.
If the Aquino government is willing to incur more debts to guarantee the profits of whoever will win the LRT1 project, why can’t it incur those debts for investing instead in LRT’s expansion?