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‘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: philstar philstarFeb 13th, 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

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

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

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

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

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

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

‘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

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

Delivery drivers urge Mayor Baste for business permit exemption

Title: Delivery Drivers Seek Exemption from Business Permit Requirement A group of delivery drivers in Davao is urging Mayor Sebastian Duterte to exempt them from the mandatory business permits. The drivers, including those from various delivery apps such as Grab and FoodPanda, are concerned about the financial burden imposed by the business permits, which range from P2,000 to P6,000. They argue that this requirement is unique to Davao City among all cities and provinces in the Philippines. Grab rider Rolando Atico emphasized the need for solidarity among all delivery drivers, regardless of the app they work for. He urged fellow drivers to support each other, as the financial impact may extend beyond just Grab and FoodPanda. Atico also requested Mayor Duterte to reconsider the requirement and reinstate the previous occupational permit, which only cost P125. The group is facing a 30-day deadline to obtain the business permits, and they are citing financial constraints as a reason for their request for an extension. Failure to comply could result in their removal from the delivery platforms, jeopardizing their livelihoods. Additionally, they are advocating for changes to Davao City's Revenue Code, proposing a model similar to Cebu City, where only an occupational permit is required. The drivers are also calling for an inquiry into the lack of transparency and unilateral actions of food delivery companies, particularly concerning rider capitalization and financial concerns. They believe that a thorough investigation will help ensure fairness and equity in their financial obligations and working relationship with the delivery companies. Maribel Paguican, the Business Bureau officer-in-charge, stated that non-certified delivery riders categorized as service contractors must obtain a business permit. She mentioned two permits for occupational and business activities, with a discounted structure for delivery riders. However, concerns have been raised about increased taxes, potentially ranging from P3,000 to P6,000, along with an additional tax on top of the declared income of P1,400. The delivery drivers' plea for exemption from the business permit requirement reflects their concerns about the financial impact and the potential threat to their livelihoods. Their call for solidarity and support from fellow drivers highlights the urgency of the situation. This story sheds light on the challenges faced by delivery drivers in Davao and the implications of the business permit requirement on their financial well-being. It also underscores their efforts to seek fairness and equity in their working relationship with the authorities and delivery companies......»»

Category: newsSource:  inquirerRelated NewsJan 22nd, 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

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

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

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

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