Ako Bicol Partylist Representative Alfredo Garbin, Jr. on Wednesday, June 1, expressed belief that President Duterte fully supports the passage into law of the Resolution of Both Houses (RBH) No. 2 which seeks to amend economic provisions of the 1987 Constitution. House of Representatives (Alvin...
Unlike the House of Representatives, the Senate still does not seem to think that revising the Constitution is an urgent measure amid the COVID-19 pandemic. Senate of the Philippines (Senate PRIB) Senate President Vicente Sotto III said that senators may tackle their counterpart's proposed economic...
An estimated 1.6 million job opportunities will be created with household income substantially increased if the economic restrictions in the 1987 Constitution are relaxed, a University of the Philippines (UP) researcher said Sunday, May 30. DILG Spokesperson Jonathan Malaya (File photo courtesy of...
Senator Christopher “Bong” Go said he is open to support moves to introduce constitutional amendments in the 1987 Constitution especially if it would benefit more Filipino people, but acknowledged there may not be enough time to pass into law such measures. But Go said he supports amendments on...
Asst. Minority Leader and Gabriela Women’s Partylist Rep. Arlene Brosas on Thursday, May 27, decried the move of the House of Representatives leadership to prioritize the Charter change bid over various legislative measures proposing to address the 2019 coronavirus disease (COVID-19) pandemic....
The House of Representatives on Wednesday, May 26 took a big step in amending the 1987 Constitution by passing on second reading a resolution calling for the revision of economic provisions of the 33-year-old Charter. In a viva voce vote, Resolution of Both Houses No. 2 won second reading approval....
Camarines Sur Representative LRay Villafuerte on Saturday, May 15, said he is perplexed as to why the leadership of the House of Representatives insists on "squandering" the chamber's time on Charter Change (Cha-cha) when the 18th Congress resumes session Monday. Villafuerte said lawmakers' energy...
A weekly webinar series where experts will share their opinions on the proposed amendments to the economic provisions of the 1987 Constitution will kick off on Friday, May 14. The event, which is being organized by the Department of Interior and Local Government (DILG), also intends to stimulate...
Albay 2nd District Representative Joey Sarte Salceda on Saturday, May 8, said the House of Representatives would commence deliberations on proposals to amend economic restrictions of the 1987 Constitution once session resumes on May 17. Albay 2nd District Representative Joey Salceda (Office of Rep....
Amending the economic provisions of the Constitution will not result in revenue losses for the government unlike the Corporate Recovery and Tax Incentives (CREATE) bill where P1.073 trillion in revenues would be lost once the pending is passed, according to economist congressman Joey Sarte-Salceda....
Instead of Charter change, the Duterte Administration’s chief economic manager has suggested that the lawmakers may consider the further opening up of the local economy to foreign investments. While Finance Secretary Carlos G. Dominguez III did not categorically state that he is not in favor of...
The Bangko Sentral ng Pilipinas’ (BSP) pandemic-related monetary financing must be something that the central bank will only consider as a last resort, an International Monetary Fund (IMF) official said. IMF Resident Representative to the Philippines Yongzheng Yang said this stressing that the...
