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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

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

Majority of Filipinos see red tape, restrictive rules as top barriers to foreign investments — survey

A survey released by Pulse Asia on March 27 showed that 88% of Filipinos opposed moves to amend the Constitution. .....»»

Category: newsSource:  philstarRelated NewsMay 7th, 2024

‘No to Cha Cha’ in UP Fair and Oblation Run

“No to Charter Change (Cha Cha)” reverberated  during  the recent two main events in the Diliman campus of the University of the Philippines : the Oblation Run and the UP Fair. The  House of Representatives  is attempting   to amend the 1987 Constitution  primarily on  the “prohibitive” economic provisions that limit foreign ownership. Faculty members of.....»»

Category: newsSource:  inquirerRelated NewsFeb 21st, 2024

Unproductive

The Senate is well underway considering the Resolution of Both Houses initiated by the House of Representatives. The Resolution could bring together the two chambers in an effort to amend the economic provisions of the 1987 Constitution......»»

Category: newsSource:  philstarRelated NewsFeb 12th, 2024

‘No risk of political reform in economic Cha-cha’

Apprehensions over possible insertion of political reforms like lifting of term limits for elected officials are misplaced since the ongoing economic Charter change in Congress covers only economic provisions, according to former Supreme Court justice Adolfo Azcuna......»»

Category: newsSource:  philstarRelated NewsMar 6th, 2024

Senate resumes Cha-cha hearings today

As a Senate panel resumes today its second hearing on moves to amend the economic provisions of the Constitution, Sen. Francis Escudero is hoping everyone calms down, and the process can continue with respect from both chambers......»»

Category: newsSource:  philstarRelated NewsFeb 11th, 2024

Why attract foreign investors?

Do we really need to revise our Constitution to attract foreign investors? It will help. We have provisions in our current Constitution that deliver the message that foreign investors are not welcome......»»

Category: financeSource:  philstarRelated NewsFeb 7th, 2024

‘Toxic relationship’ is why Mindanao should secede from sinking PH – former lawmaker

MANILA, Philippines — A  “toxic relationship” between Mindanao and the Philippines was the reason why the former should break up with the latter. Davao del Norte 1st District Rep. Pantaleon Alvarez, a former House speaker, said this on why Mindanao should break up with the Philippines. The country was now a “sinking ship” due to.....»»

Category: newsSource:  inquirerRelated NewsFeb 9th, 2024

Philippines education to benefit from Cha-cha – NEDA chief

The country’s higher education system will greatly benefit from the easing of economic provisions of the Constitution, allowing the entry of renowned schools in the country, according to Socio-economic Planning Secretary Arsenio Balisacan......»»

Category: newsSource:  philstarRelated NewsJan 27th, 2024

I feel like a criminal for quitting- nurses in the US fight stay or pay agreements - US healthcare

Filipino nurses for Ohio-based company say they have been forced to pay thousands in fees after signing training contracts Filipino nurses are calling for the USs top labor watchdog to review controversial stay or pay training repayment agreement provisions that have left them facing lawsuits and thousands of dollars in fees after they quit their jobs. Training repayment agreement provisions (Trap) are contracts employers.....»»

Category: newsSource:  manilanewsRelated NewsApr 18th, 2024

‘NOW ON ITS HOMESTRETCH’ | Abalos emphasizes transitory provisions of NIR bill

‘NOW ON ITS HOMESTRETCH’ | Abalos emphasizes transitory provisions of NIR bill.....»»

Category: newsSource:  sunstarRelated NewsMar 15th, 2024

‘Cha-cha not solution to Philippine economic woes’

Amending certain provisions of the 1987 Constitution is not a guarantee that economic problems in the country will finally be addressed, a research and advocacy group said......»»

Category: financeSource:  philstarRelated NewsJan 21st, 2024

Marcos limits constitutional changes to economic front

President Ferdinand Marcos Jr. announced a focused approach to constitutional changes, concentrating solely on economic provisions to boost the Philippine economy. .....»»

Category: financeSource:  philstarRelated NewsFeb 19th, 2024

University of the Philippines Oblation Run opposes Cha-cha

Initiatives of administration lawmakers and other groups to amend provisions of the Constitution took center stage in the traditional Oblation Run at the University of the Philippines (UP) Diliman campus in Quezon City yesterday......»»

Category: newsSource:  philstarRelated NewsFeb 16th, 2024

Senate says ‘people’s initiative’ exploits democratic process

The Senate issued a manifesto condemning the “people’s initiative” to amend provisions of the 1987 Constitution, which they said will undermine the power of the Senate. .....»»

Category: newsSource:  philstarRelated NewsJan 24th, 2024

Labor advocates sound alarm on Charter change

The Center for Trade Union and Human Rights (CTUHR) expressed its opposition to moves by the Congress to amend the 1987 Constitution, fearing that it could lead to the removal of provisions protecting laborers in favor of attracting investors......»»

Category: newsSource:  philstarRelated NewsJan 20th, 2024

DSWD vows to intensify efforts, collab with agency partners vs hunger

The Department of Social Welfare and Development (DSWD) recognizes that addressing hunger is a continuing effort that is why there is a need to implement innovative strategies to combat involuntary hunger, Asst. Secretary for Strategic Communications Romel Lopez said on Tuesday (January 23). “This is why we continue to implement innovative programs to address hunger […].....»»

Category: newsSource:  journalRelated NewsJan 24th, 2024

Easier ownership of e-vehicles pushed

An international think tank has called on government to lift importation barriers to electric vehicles and immediately amend the limiting provisions of the Electric Vehicle Industry Development Act......»»

Category: financeSource:  philstarRelated NewsJan 28th, 2024

PH OKs revised Asean free trade pacts with ANZ, Hong Kong

MANILA — The Philippines, a founding member of Association of Southeast Asian Nations (Asean), has agreed to amend two important free trade agreements to benefit investors, traders, and exporters. The Department of Trade and Industry (DTI) announced on Thursday  that it signed the Second Protocol to Amend the Agreement Establishing the Asean-Australia-New Zealand Free Trade.....»»

Category: newsSource:  inquirerRelated NewsFeb 16th, 2024

Settle Cha-cha mode at LEDAC

Two veteran lawmakers who figured prominently in past attempts to amend the country’s 1987 Constitution took me down memory lane amid the latest revival of Charter change (Cha-cha) moves. Specifically, they are erstwhile Senate president Franklin Drilon and former Negros Occidental congressman Margarito Teves, who both tried to help amend the Constitution in the past but their efforts ended in vain......»»

Category: newsSource:  philstarRelated NewsJan 22nd, 2024