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‘Why we need to amend the restrictive economic provisions’

In today’s column, I will publish the full text of the testimony I submitted to the Senate subcommittee on the Joint Resolution of both Houses No.6, which was convened on Feb. 5, 2024 at the Senate Session Hall, Senate of the Philippines......»»

Category: financeSource: philstar philstarFeb 7th, 2024

‘The restrictive economic provisions in Constitution’ (Conclusion)

In closing, I have listened intently to what some members of the Senate said in connection with the issue of amending the restrictive provisions of the Constitution......»»

Category: financeSource:  philstarRelated NewsFeb 20th, 2024

‘Why we need to amend the restrictive economic provisions’

In today’s column, I will publish the full text of the testimony I submitted to the Senate subcommittee on the Joint Resolution of both Houses No.6, which was convened on Feb. 5, 2024 at the Senate Session Hall, Senate of the Philippines......»»

Category: financeSource:  philstarRelated NewsFeb 7th, 2024

Higher education and how to improve it

The joint resolution of the House and the Senate proposes to amend the restrictive provisions of the 1987 Constitution by adding the phrase, “Unless provided by law,” to the general provisions of Article XIV, Paragraph 2, which provides that all educational institutions shall be owned solely by citizens and corporations or associations at least 60 percent owned by Filipinos......»»

Category: financeSource:  philstarRelated NewsApr 3rd, 2024

NEDA Chief: More reforms needed to unlock full benefits of Cha-cha

MANILA, Philippines  —Socioeconomic Planning Secretary Arsenio Balisacan on Saturday reiterated his support for the proposed amendments particularly to the restrictive economic provisions of the Constitution. Those changes, the National Economic and Development Authority (Neda) chief said in a statement, are crucial for the economic advancement and competitiveness of the Philippines. Balisacan issued the statement to.....»»

Category: newsSource:  inquirerRelated NewsJan 27th, 2024

Economic Cha-cha to boost FDI – BSP

Amending the restrictive economic provisions in the 1987 Constitution will likely attract more foreign investments in the country and stimulate economic growth, according to the Bangko Sentral ng Pilipinas......»»

Category: financeSource:  philstarRelated NewsMar 2nd, 2024

Our very broad Constitution and its unpleasent econimic consequences

Judging from the Joint Resolution of the House and Senate to amend the “restrictive economic provisions” of the Constitution, only three specific amendments are being sought......»»

Category: financeSource:  philstarRelated NewsMar 20th, 2024

Romualdez: Zubiri can get needed votes for Cha-cha resolution

Senate President Juan Miguel Zubiri can muster enough votes to approve Resolution of Both Houses No. 7 that aims to amend restrictive economic provisions in the 1987 Constitution, Speaker Martin Romualdez said yesterday......»»

Category: newsSource:  philstarRelated NewsMar 8th, 2024

Lawmakers seek to amend ownership regulations on Constitution s economic provisions

Lawmakers are calling for the revision of some economic provisions of the 1987 Constitution, covered by the Public Service Act, which stipulate that public services should exclusively be owned by Filipinos......»»

Category: newsSource:  philstarRelated NewsJan 15th, 2024

Why people’s initiative to amend Philippine Constitution reeks of ‘Marcosian tactics’

“Corruption & poverty are the main reasons why we lag behind economically and politically. These problems are not created by the 1987 Constitution, but by greedy politicians who control power and money for their self-interests." The post Why people’s initiative to amend Philippine Constitution reeks of ‘Marcosian tactics’ appeared first on Bulatlat......»»

Category: newsSource:  bulatlatRelated NewsFeb 23rd, 2024

‘Fisheries development and the restrictive economic provisions in the Constitution’

The fact that we have a recently installed Secretary of Agriculture whose business roots are in the fisheries sector has inspired me to look into the state of our fisheries development as a component of our national economic performance......»»

Category: financeSource:  philstarRelated NewsJan 30th, 2024

Charter change: Only the economic provisions should be included

So much controversy is being unnecessarily generated with this Charter change issue but in reality, changes to the overly protectionist economic provisions in the 1987 Constitution should be debated upon because it hinders the country from realizing its full economic potential......»»

Category: newsSource:  philstarRelated NewsJan 27th, 2024

House committee of the whole approves RBH7

The House of Representatives – acting as a committee of the whole – approved overwhelmingly yesterday Resolution of Both Houses No. 7, containing three proposed amendments to perceived restrictive economic provisions in the 1987 Constitution......»»

Category: newsSource:  philstarRelated NewsMar 6th, 2024

Angara: Senate Cha-cha hearings to focus on economy

Senate hearings on Charter change are set for Monday, with discussions to focus on restrictive economic provisions affecting select industries, according to Sen. Sonny Angara, who stressed they would avoid tinkering with elected officials’ term limits......»»

Category: newsSource:  philstarRelated NewsFeb 2nd, 2024

Businessmen, more legal experts weigh in on Cha-cha

Foreign business leaders yesterday weighed in on proposals to amend the economic provisions of the 1987 Constitution while legal luminaries said they see no need to change the Charter......»»

Category: newsSource:  philstarRelated NewsFeb 12th, 2024

Pandora’s box

For some time now, there had been talks about the need to amend certain economic provisions of the 1987 Constitution, in particular that pertaining to foreign ownership in public utilities......»»

Category: newsSource:  philstarRelated NewsJan 19th, 2024

Ex-President Duterte to back ChaCha if revisions limited only to economic provisions

DAVAO CITY (MindaNews / 28 February) – Former President Rodrigo R. Duterte has changed his stance on Charter Change (ChaCha), saying he will support it for as long as the constitutional reforms will be limited to economic provisions and not to extend the term of the current President, Senators, and members of the House of […].....»»

Category: newsSource:  inquirerRelated NewsMar 2nd, 2024

Marcos orders Senate to lead review of 1987 Constitution economic provisions

Marcos orders Senate to lead review of 1987 Constitution economic provisions.....»»

Category: newsSource:  sunstarRelated NewsJan 15th, 2024

Marcos consulting legal luminaries on economic Cha-cha

Amid the ongoing feud between the House of Representatives and the Senate over the people’s initiative, President Marcos yesterday disclosed that he is consulting legal luminaries and Constitution experts on the most acceptable way to amend the economic provisions of the Charter......»»

Category: newsSource:  philstarRelated NewsJan 31st, 2024

Senate to start tackling economic Cha-cha

With the Commission on Elections indefinitely suspending all proceedings related to the people’s initiative, the Senate will convene on Wednesday the committee of the whole to tackle the proposal to amend certain economic provisions of the 1987 Constitution......»»

Category: newsSource:  philstarRelated NewsJan 29th, 2024

Senate hearings on economic Cha-cha to start next week

Senate President Juan Miguel Zubiri said that the Senate will begin deliberating its proposal to amend the economic provisions of the 1987 Constitution next week amid heightened political tensions that seemed to have sprung from differing views on how to change the Charter......»»

Category: newsSource:  philstarRelated NewsJan 31st, 2024