ph-china deals – Thinking Port

ADB plays down PH debt trap concerns

May 1, 2019 admin adb, china debt trap, Headlines, Latest News Stories, Nation, ph-china deals, yasuyuki sawada

Credit to Author: dmorcoso| Date: Wed, 01 May 2019 21:04:44 +0000

NADI, Fiji — “Debt trap” fears over foreign financing from development partners like China and Japan should not be a “big concern” as long as borrowings are “sustainable,” a top economist from the Asian Development Bank (ADB) said on Wednesday. Having debts is “not necessarily a bad idea … if government is meet[ing] a potential […]

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Labor Day rallies to demand pay hike, end to contractualization

April 29, 2019 admin Headlines, labor day, Labor groups, Latest News Stories, Nation, ph-china deals

Credit to Author: dmorcoso| Date: Mon, 29 Apr 2019 23:09:10 +0000

MANILA, Philippines — A militant labor group said on Monday it expected 100,000 workers to join nationwide rallies on May 1, Labor Day, in a stinging rebuke of President Duterte, whom it accused of accepting lopsided deals with Chinese businessmen at the expense of Filipino workers. Organizers said they would demand a P750 national minimum […]

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