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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

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

Why 4 lawmakers voted against RBH7, the economic charter change proposal

House lawmakers, convening as a committee of the whole, adopts the proposal on economic charter change just two weeks after deliberations started at the committee level.....»»

Category: newsSource:  rapplerRelated NewsMar 7th, 2024

Do something while Biden is still president

The presidential election will be in November 2024. Currently, President Biden and former president Trump are the frontrunners. Trump is once again campaigning on a platform of being tough and restrictive when it comes to immigration......»»

Category: newsSource:  philstarRelated NewsJan 27th, 2024

Philippine central bank holds key interest rates

MANILA, May 16 (Xinhua) -- The Philippine central bank opted Thursday to keep the bank's target reverse repurchase rate at 6.5 percent and the interest rates on the overnight deposit and lending facilities at 6 percent and 7 percent, respectively. In a press conference, Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona said that inflation expectations remain well-anchored while a restrictive policy stance.....»»

Category: newsSource:  manilanewsRelated NewsMay 17th, 2024

ULAP supports Cha-Cha

The Union of Local Authorities of the Philippines (ULAP), umbrella organization of all leagues of local government units (LGUs) and locally elected government officials in the country, supports the move to amend the 1987 Constitution. In a recent resolution, ULAP cited the need for more responsive, accountable, and updated governmental frameworks that would enable LGUs […].....»»

Category: newsSource:  journalRelated NewsJan 24th, 2024

House leaders question Cha-cha survey results

Two House leaders yesterday questioned the latest Pulse Asia survey results which showed that 88 percent of Filipinos are opposed to the amendment of economic provisions in the 1987 Constitution......»»

Category: newsSource:  philstarRelated NewsMar 31st, 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

[WATCH] Carpio on People’s Initiative: ‘Nothing to do with economic provisions’

'There is no law to implement the people’s initiative clause of the Constitution,' Carpio tells Rappler.....»»

Category: newsSource:  rapplerRelated NewsFeb 21st, 2024

Marcos: Charter change only about economic reforms, ‘nothing more’

Fears of amending political provisions of the 1987 Constitution come against the backdrop of an important historical detail – that charter change under his father's regime decades was a key factor in being in power for 21 years.....»»

Category: newsSource:  rapplerRelated NewsFeb 9th, 2024

Amending our economic provisions

On my way to the Ninoy Aquino International Airport Terminal 1 on Monday night last week, I could already see from a distance the sea of red lights, a signal, no doubt, that traffic was at a standstill......»»

Category: newsSource:  philstarRelated NewsJan 22nd, 2024

Senate Cha-cha proponents: No political changes

Joining the fray to have the Charter changed, several senators have vowed to focus on its economic provisions and to steer clear of politics to ensure their initiative will have better chances of getting approved......»»

Category: newsSource:  philstarRelated NewsJan 17th, 2024

Near-target 2023 GDP growth acceptable amidst economic challenges – Neda chief

INQUIRER/ MARIANNE BERMUDEZ MANILA, Philippines — The country’s chief socioeconomic planner, Secretary Arsenio Balisacan of the National Economic and Development Authority (Neda), said that a 2023 economic growth slightly lower than the previous year’s 7.6 percent but near the government’s 6 to 7 percent target range would be considered acceptable, given the challenges faced by the.....»»

Category: newsSource:  inquirerRelated NewsJan 29th, 2024

PH Economy Remains Optimistic Amid Global Slowdown

The country is one of the fastest growing economies in East Asia and the Pacific according to the World Bank, foreseeing robust growth despite global economic slowdown. In the latest World Bank Global Economic Outlook report released on Tuesday, the Philippines is expected to maintain its economic growth rate in 2024 at 5.8%, slightly higher […].....»»

Category: newsSource:  metrocebuRelated NewsJan 12th, 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

‘Ad industry’s self-regulation to remain despite Cha-cha’

A lawmaker yesterday allayed fears of some sectors that the proposed economic provisions in the Constitution will remove self-regulation and editorial independence in the advertising industry......»»

Category: newsSource:  philstarRelated NewsMay 11th, 2024

Approval of agricultural economic sabotage bill sought

Tobacco growers urged Congress to convene the bicameral conference committee to iron out disagreeing provisions and approve the Anti-Agricultural Economic Sabotage bill before President Marcos’ State of the Nation Address......»»

Category: financeSource:  philstarRelated NewsMay 2nd, 2024

Extreme weather, economic downturn top risks for Philippines – WEF

Extreme weather events, an economic downturn and shortage in energy supply are the top risks seen in the Philippines for the next two years, according to the World Economic Forum......»»

Category: financeSource:  philstarRelated NewsJan 13th, 2024

EDITORIAL - Trust deficit

Even President Marcos has acknowledged that the latest people’s initiative to amend the Constitution has become so politicized it is no longer looking like a viable route to lift economic restrictions in.....»»

Category: newsSource:  philstarRelated NewsFeb 1st, 2024

Why Choosing the Right Tools and Equipment Helps Boost Productivity

Improvising and being resourceful is a good trait for an entrepreneur but being too much of it can also harm the productivity and safety of the business. Using proper tools and equipment can help lessen the workload and make business operations much smoother. Here are three reasons why using the right tools and equipment is […].....»»

Category: newsSource:  metrocebuRelated NewsMar 9th, 2024

Why did Sara retract her EDSA message? Camp explains why, but it’s not for public dissemination

Was it the Vice President's way of showing that she was still on the same page as the President amid the repeated observation of political analysts that the Uniteam alliance has crumbled?.....»»

Category: newsSource:  rapplerRelated NewsFeb 27th, 2024