Category Archives:

FEF Press Release

Bam Aquino defends free tuition

February 10, 2017

February 10, 2017 Sen. Bam Aquino, proponent of the higher education bill that seeks to mandate tuition-free college education in state universities and colleges (SUCs), said majority of Filipino students who were not necessarily from the “poorest of the poor” still faced financial difficulties in paying for a higher education. Issuing a point-by-point rebuttal to […]

READ MORE

Categories: FEF / FEF Press Release / News

Tags:

Economic think tank says free tuition is ‘anti-poor’

February 10, 2017

February 6, 2017 MANILA – Economic think tank Foundation for Economic Freedom (FEF) on Monday criticized the proposed bill to allot P8.3 billion to the Commission on Higher Education to provide for free tuition in state universities and colleges (SUCs). According to FEF, while the measure was well-intended, the proposal to increase funding for free […]

READ MORE

Categories: FEF / FEF Press Release / News

Tags:

Economists: Tuition-free SUC education ‘anti-poor’

February 10, 2017

February 7, 2017   A group of prominent economists and socio-political thinkers vehemently opposed proposals to mandate state universities and colleges (SUCs) to offer tuition-free education, arguing that while “well-intended,” such a policy would be “anti-poor.” In a press statement issued on Tuesday, advocacy group Foundation for Economic Freedom (FEF) instead pushed for the implementation of […]

READ MORE

Categories: FEF / FEF Press Release / News

Tags:

Stronger law vs laundering urged

March 29, 2016

March 28, 2016 The Senate Blue Ribbon committee, the Bangko Sentral ng Pilipinas (BSP), and the AMLC are conducting separate investigations on the alleged money laundering cases involving Rizal Commercial Banking Corp. (RCBC), Jupiter – Makati branch manager Maia Santos-Deguito (in photo), businessman Kim Wong, among others. AP/Bullit Marquez, file   MANILA, Philippines – Public advisory […]

READ MORE

Categories: FEF / FEF Press Release / News

Tags:

Economists want bank secrecy laws relaxed

March 28, 2016

March 28, 2016   A GROUP of prominent economists and sociopolitical thinkers has called for the implementation of a biometric-based national identification system, the easing of stringent bank secrecy laws and the strengthening of the anti-money laundering law to prevent more inflows of dirty money into the Philippine financial system. The Foundation for Economic Freedom […]

READ MORE

Categories: FEF / FEF Press Release / News

Tags:

Advocacy group supports relaxation of Bank Secrecy Law provisions

March 28, 2016

March 26, 2016   An advocacy group made up for former Cabinet members and business leaders is espousing the easing of some provisions of the Bank Secrecy Law In a statement, the Foundation for Economic Freedom (FEF) said it is advocating the relaxation of certain provisions of the Bank Secrecy Law that impede investigation by […]

READ MORE

Categories: FEF / FEF Press Release / News

Tags:

Even more train fare hikes needed to phase out subsidies, ex-ministers say

January 26, 2015

COMMUTER train fares remained a battleground weeks after they were raised, with a group of former economic ministers throwing its support behind higher charges for train riders in order to eliminate “misplaced” government subsidies for the transport system. Meanwhile, opponents continued to press the claim that the government lacked authority when it nearly doubled fares […]

READ MORE

Categories: DOTC / FEF / FEF Press Release / News

Tags:

Why this group is defending MRT and LRT fare hike

January 26, 2015

MANILA – A non-stock and non-profit organization took the government’s side in its decision to implement an increase in the fares of the Metro Rail Transit-Line 3 (MRT-3) and Light Rail Transit (LRT) Lines 1 and 2. The Foundation for Economic Freedom (FEF), in a position paper, said government should allow market forces to dictate […]

READ MORE

Categories: DOTC / FEF / FEF Press Release / News

Tags:

Group hits DOE plan to raise solar installation target

June 16, 2014

A group of prominent economists and sociopolitical thinkers vehemently opposed a government plan to increase the installation target for solar energy, warning that this would unduly burden Filipino consumers with at least P12 billion a year for the next 20 years or a total of P240 billion in additional electricity charges. Reacting to the Department […]

READ MORE

Categories: DOE / FEF / FEF Press Release / FIT / News

Think tank condemns ‘abnormal profits’ for renewable energy generators

June 16, 2014

A THINK-TANK associated with former government economic managers has attacked the subsidy regime for solar energy, saying the scheme will effectively raise power rates by P12 billion annually over the next 20 years and give renewable energy generators “abnormal profits.” The Foundation for Economic Freedom (FEF) added that the Department of Energy’s plans for solar […]

READ MORE

Categories: DOE / FEF / FEF Press Release / FIT / News

Page 3 of 512345