Millennium Challenge Corporation

US MCC to hurt PH economy more—IBON

November 15, 2017

The Philippines will be more incapable of building and protecting its own industries and economy under another Millennium Challenge Corporation (MCC) grant from the United States. Research group IBON said this in light of the recent agreement between US president Donald Trump and Philippine president Rodrigo Duterte to strengthen socio-economic ties in their Association of […]

No thanks: US behind Duterte’s anti-poor tax reform

November 13, 2017

At the onset of the much-anticipated first-ever bilateral talks between United States president Donald Trump and President Rodrigo Duterte on Philippine soil, it should be reiterated that the US has a hand in what would be the most anti-poor tax program in the country’s history. The Tax Reform for Acceleration and Inclusion (TRAIN) exemplifies how […]

Then and now: US economic intervention in the Philippines

November 14, 2016

During the swearing-in of the new United States (US) ambassador to the Philippines in early November, US Secretary of State John Kerry stressed that the “logic” of the “indelible” US-Philippine alliance is “as compelling today as [it has] ever been”. Newly sworn-in US ambassador Sung Kim in turn highlighted the “ironclad” Mutual Defense Treaty, the […]