IKOT.PH
Senator Win Gatchalian is pushing for the removal of barriers of entry for foreign firms in the retail trade sector that would boost foreign direct investment (FDI) and develop a more progressive investment climate in the country. Under his Senate Bill No.1639, the existing equity and capitalization requirements under the Retail Trade Liberalization Law (RA7042) […]
Senator Nancy Binay minced no words and called out the public sector for being guilty of perpetuating the culture of ‘endo.’ She insisted that the government should also address the issue of contractualization among its agencies. “Sabi ko nga paulit-ulit sa hearing, ang concern ko ‘yung biggest violator ng contractualization is government. ‘Di ba dapat […]
Senator Win Gatchalian encouraged his fellow legislators to consider increasing the salaries of public school teachers, saying this should be a top priority of the government, as it begins the process of crafting the 2019 budget. “For much too long now, the modest salaries of teachers have not been commensurate to their critical contributions to […]
The 2018 national budget sustains support to expand and enhance the capabilities and competency of micro, small, and medium enterprises (MSMEs), according to Senator Loren Legarda, chair of the Senate Committee on Finance. Legarda, who is also the principal sponsor and author of Republic Act No. 9501 or the Magna Carta for MSMEs, said that […]
Senator Win Gatchalian is pushing for the passage of Senate Bill No. 1653, otherwise known as the Electricity Procurement Act of 2018 – a measure which proposes the implementation of a competitive, transparent, and uniform electricity procurement process that is poised to save consumers as much as P13-billion annually in electricity charges. Gatchalian, the chairman […]
The country’s provinces and smaller local government units (LGUs) will benefit from heightened development prospects through a legislatively-mandated increase in their allocated shares in national taxes, in a bill being pushed by Senate President Koko Pimentel III that should act “as a preparatory step to a meaningful shift to a federal system of government.” Pimentel’s […]
Mayon’s eruption has again put on full display one constant in this calamity-prone land: schoolchildren being the first collateral victims when their schools are commandeered to house refugees, a practice which can be stopped by building permanent evacuation centers. Senate President Pro Tempore Ralph Recto once again urged the government to step up its evacuation […]
Senator Loren Legarda has encouraged everyone to adopt a zero waste lifestyle for a cleaner, healthier, and safer environment. Legarda made the statement as the country observes National Zero Waste Month and the 17th anniversary of Republic Act No. 9003 or the Ecological Solid Waste Management (ESWM) Act, which was signed into law on January […]
Senate President Koko Pimentel reminded all banking institutions operating in the country that they cannot “change the Negotiable Instruments Law” by refusing to accept folded or stapled checks when these are presented for deposit or payment. Pimentel made the remark after receiving reports that banks continue to refuse honoring checks that bear folds or small […]
Senate President Koko Pimentel III announced today that the leadership of the Senate and the House of Representatives have agreed to momentarily set aside their differences and focus instead on a comprehensive, consultative review of the 1987 Constitution and the finalization of specific constitutional amendments or revisions that will be proposed and presented to the […]