Foreign and business groups in the Philippines have called for the passage of 24 priority reform measures in the 19th Congress to boost economic growth in the country.
The groups submitted their recommendations to President Ferdinand Marcos Jr. on July 20 in anticipation of the president’s first S
Should the Philippine Senate ratify the Regional Comprehensive Economic Partnership (RCEP) agreement, it will build on the remarkable record of the 18th Congress of approving new laws of immense benefit to the national economy, according to the Joint Chamber of Commerce (JFC). JFC, which is compose
Philippine business groups and foreign chambers called on the House and Senate to pass priority economic reform bills as Congress approaches the remaining session weeks of the 18th Congress. In letters sent to House and Senate leaders and the Presidential Legislative Liaison Office, the business gr
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Published May 13, 2021, 7:18 AM
Following the approval by the House Committee on Transportation on House Bill 8700, amending the Civil Aviation Authority of the Philippines (CAAP), business groups also recommended that the Senate file a counterpart measure and initiate hearings on the reform with a view to approving it by the end of 2021.
In a statement, the Joint Foreign Chambers (JFC) and Philippine business groups (PBG) emphasized that HB 8700 seeks to strengthen CAAP as the agency in charge of safety. It will enable CAAP to focus on its role as regulator and overseer of safety by removing its conflicting and multiple functions as operator and investigator. The House Committee on Transportation is chaired by Rep. Edgar Mary Sarmiento (Samar, 1st District).