Duterte giving public utilities to foreign capital

February 3, 2022

Congress recently ratified the bicameral version of the bill amending the Public Service Act and opening up domestic sectors to 100% ownership by foreign capital. This includes telecommunications, shipping, airports, airlines, railways, subways, expressways and tollways. Passing this proposed law will be one-step-forwards-two-steps-backwards for the country.

IBON Executive Director on Foreign Ownership of Public Utilities

February 20, 2020

Public funds for private gain in education

April 8, 2018

Foreign ownership of education could lead to the further commercialization of education especially with the introduction of new competitors to the private education business. Commercialized PH education has already seen decades of increasing tuition and school fees, the rise of oligarchs-run educational institutions against a weakening public system, and a career-oriented curriculum instead of one […]

Consumers to pay big business, foreign firms’ income tax under Duterte bill

October 20, 2017

By Arnold Padilla (Released at the launch of consumer network Samahan at Ugnayan ng Konsyumer para sa Ikauunlad ng Bayan (SUKI)) When President Rodrigo Duterte told striking jeepney drivers and operators “Magtiis kayo sa hirap at gutom”, he could be as well speaking to all poor Filipinos who struggle with ever-rising cost of electricity, water and […]

Most Filipinos opposed to more foreign ownership in PH economy – IBON Survey

November 4, 2016

​Nine of 10 Filipinos do not approve of further opening up the Philippine economy to foreign ownership of  land and the exploration and development of natural resources Research group IBON’s recent survey showed that the majority of Filipinos are against further foreign ownership in the country’s economy. Asked if they favored the proposal to further […]