Tag: Economy

Church social action arm says oil-driven conflicts deepen instability and economic hardship, calling for urgent renewable energy transition

Asian markets reel as conflict-driven oil price surge raises pressure on economies, threatening recovery and complicating global monetary policy

IBON said farmers have long been raising concerns about landlessness, precarious employment, and declining food self-sufficiency

Philippine economic growth slowed to a 14-year low in 2025 as corruption scandals and climate disruptions weighed on confidence

Bishop Alminaza urged cross-sector action, framing the Gospel as a mandate for ecological healing, ethical governance, inclusive economies

Church and civil society voices converge to confront systemic injustice through faith-rooted dialogue, solidarity, and collective action

“It’s been six years since the Rice Liberalization Law was passed, and its impact on farmers and consumers has been disastrous"

"The sharp rise in prices, especially for food and everyday goods, is weighing on people," said Bishop Gomes.

The group expressed concerns over the "further decrease" in farmgate prices, which they said could worsen if the importation proceeds

He urged those affected by the economic challenges to hold on to their faith, reminding them that God is with them on this difficult journey