JPEPA Economic Invasion: Who Among The Senators Will Be The Collaborators And Patriots?

No Deal!, a coalition of organizations and individuals opposing the Japan-Philippines Economic Partnership Agreement (JPEPA), said that the treaty symbolizes the “second invasion” of the country by Japan, and that senators may choose to be patriots or collaborators in this invasion when they vote on the controversial agreement.

Due to strong peso: OFW’s lose P700 per $100 remitted

The strengthening peso has resulted in a sharp cut in overseas Filipino workers’ (OFWs) incomes, costing them over P700 per $100 remitted, according to independent think-tank IBON Foundation.

As oil price hikes continue: Public faces higher cost of living, more eroded wages and income

The public is facing higher cost of living and more eroded wages and income this year as oil prices continue to spiral, according to independent think-tank IBON Foundation.

Jeepney drivers, for instance, will have to work doubly hard to earn a decent income for their families with unabated diesel price hikes. Last year alone, a jeepney driver’s daily expense for diesel increased by P147.30 as the prevailing pump price of diesel jumped by P4.91 per liter between January and November 2007. (Based on transport group Piston’s estimate that a jeepney driver consumes an average of 30 liters of diesel per day)