Tags: National Economic Development Authority (NEDA)

Import more food to reduce inflation?

Just as the rice harvesting season begins, Super Typhoon Ompong is predicted to hit food-basket Cagayan Valley today. Rather belatedly, the Duterte Cabinet economic development cluster has been scrambling to finish drafting an executive order to deal with the prolonged crisis involving the supply and price of rice, and to mitigate the surging inflation which…

Globalization has resulted in the destruction of domestic and export manufacturing enterprises, since they cannot compete with cheaper dumped products in the local markets nor in the global export market against manufacturing powerhouses such as China, and this is why the country is shedding jobs. BY IBON FOUNDATION, INC. Posted by Bulatlat Independent think-tank IBON…