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Businesses to look for clear economic plans in Marcos' first SONA

Businesses will wait for the new president s economic plans once he delivers his first SONA to the people. ....

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Foreign, local business groups list 24 priority bills

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 ....

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SEC ruling on Rappler shutdown not press freedom suppression

Senator Ramon "Bong" Revilla Jr. (File photo) MANILA - Senator Ramon Revilla Jr. on Wednesday said there is neither suppression of press freedom nor an attempt to abridge free speech in the Securities and Exchange Commission's (SEC) decision to uphold its shutdown of Rappler Inc. and Rappler Holdings Corp. (RHC). Revilla, who chairs the Senate committee on public information and mass media, said SEC's order should be seen as a valid legal decision of the government's regulatory body to uphold the provision of the Constitution to protect the Filipino people. "The merits of the Decision are based on the violation of Rappler, Inc. and Rappler Holdings Corporation as corporate entities, and not in any way based on its nature as part of the press," Revilla said in a statement. Revilla noted that the order made by SEC should be respected as it is just doing its mandate being the national government's regulatory agency charged with supervision over the corp ....

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It's now or never for amendments to economic provisions of 1987 Constitution

House Deputy Speaker Bernadette Herrera (Facebook)
“If economic Charter reforms won’t push through this time, there’s no guarantee it will happen in the future,” the Bagong Henerasyon lawmaker said
“This is the moment we have all been waiting for. It’s time to amend the restrictive economic constitutional provisions that have held back the country’s development for more than three decades,’’ she added.
Herrera made the statement as she rallied support for Speaker Lord Allan Velasco’s Resolution of Both Houses (RBH) No. 2, which is up for plenary debates this coming week.
Last Tuesday, the House Committee on Constitutional Amendments, chaired by Ako Bicol Rep. Alfredo Garbin Jr., adopted RBH 2 that seeks to add the phrase “unless otherwise provided by law” to specific provisions of the Constitution, which restricts foreign ownership and participation on certain investment areas and activities in the country. ....

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