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‘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: philstar philstarFeb 20th, 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

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

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

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

‘Why we need to amend the restrictive economic provisions’ (Continued from last week)

Of the original five members of ASEAN – Indonesia, Malaysia, Philippines, Singapore and Thailand – we are unique in that some important economic sectors are singled out for specific protection under the Constitution, the fundamental law. All the other countries simply left all matters pertaining to economy and business to ordinary legislation......»»

Category: financeSource:  philstarRelated NewsFeb 13th, 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

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

4th mode of Cha-cha

In 2013, then House Speaker Quezon City 4th District Rep. Feliciano “Sonny” Belmonte Jr. first initiated a move to amend to the economic provisions of the 1987 Constitution by legislation – a law approved by Congress. Under Belmonte’s proposal, both chambers of Congress could vote separately to pass these economic amendments into law instead of a wholesale amendment of the Constitution......»»

Category: newsSource:  philstarRelated NewsJan 16th, 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

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

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

Lagman says ‘war’ on 1987 Constitution underway after Senate changes tune on Cha-cha

Both chambers of Congress’ newfound unity in pushing to liberalize the economic provisions of the 1987 Constitution is tantamount to declaring a “war” on the Charter, an opposition lawmaker said......»»

Category: newsSource:  philstarRelated NewsJan 16th, 2024

Marcos now open to amending economic provisions of 1987 Constitution

'The 1987 Constitution was not written for a globalized world,' Marcos says.....»»

Category: newsSource:  rapplerRelated NewsJan 24th, 2024

Ex-Pres Duterte: “Absolutely nothing wrong with 1987 Constitution” 

DAVAO CITY (MindaNews / 10 January) –   Former President Rodrigo Duterte sees no reason why the 1987 Constitution should be changed because “we have a good Constitution. I find it in perfect condition. There is absolutely nothing wrong with it,” he said. He told reporters on Saturday night that he is not for amending the Constitution […].....»»

Category: newsSource:  mindanewsRelated NewsJan 14th, 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