Tag: RBH1

FEF asks Congress for new push to liberalize foreign ownership rules

September 4, 2015

September 3, 2015 A THINK TANK which counts former senior economic ministers as its members has revived its call to lift restrictions on foreign ownership, saying there is “much to be gained” if the cap is relaxed. The House of Representatives in session — BW File Photo The Foundation for Economic Freedom (FEF) pressed for […]

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Categories: Charter Change / FEF / Investment / News

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Political Cha-cha nixed

June 4, 2015

June 3, 2015   MANILA, Philippines – There is no way proposals to amend political provisions of the Constitution can be slipped in on the sly in a House resolution calling for economic Charter change, Speaker Feliciano Belmonte Jr. said yesterday. Belmonte was commenting on reports that senators, while supportive of Resolution of Both House […]

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Categories: Charter Change / FDI / News

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A business decision to amend the Constitution

January 21, 2015

FURTHER OPENING the economy to foreign businesses, investments and products in the last 20 years has had its rewards. Telecommunications, banking and insurance, retail, energy et al. have all been “liberalized” in one form or another, and this has resulted in business expansion. Both production and consumption have gone up, leading to economic development and […]

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Categories: Charter Change / Economic Freedom / FEF / News

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House: BBL must pass muster

January 20, 2015

The House of Representatives has remained non-committal to the passage of the Bangsamoro Basic Law until some provisions of the proposed peace pact has been cleared of any constitutionality and legal questions. Speaker Feliciano Belmonte Jr. said the House will not be a party to a legally-infirm BBL and that the leadership will not rush […]

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Categories: Charter Change / News

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Business sees Charter change as key to sustained growth

January 20, 2015

BUSINESS sector representatives insisted that amendments to the economic provisions of the Constitution remain critical for sustaining growth beyond 2016, and noted that the administration risks losing sight of priorities as it gears up for 2015 with a raft of economic reform bills. John D. Forbes, senior adviser of the American Chamber of Commerce of […]

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Categories: Charter Change / FDI / John Forbes / News / Peter Wallace

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No rush to change charter provisions

September 22, 2014

CONGRESS will not rush the proposed lifting of economic restrictions enshrined in the Constitution, despite being a priority legislative measure and a long-standing concern of investors, leaders of both chambers said last week. “That is a very important measure. I’d rather that this be well-discussed,” House Speaker Feliciano R. Belmonte, Jr. told reporters.Since the opening […]

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Categories: Charter Change / News

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Visayas lawmakers back Belmonte’s economic Cha-cha

September 9, 2014

LAWMAKERS under the Visayas bloc in the House of Representatives have thrown their support solidly behind the Charter change (Cha-Cha) proposal of Speaker Feliciano Belmonte Jr. Negros Occidental Representative Alfredo Benitez said that all the 34 lawmakers from the Visayas region support Belmonte’s Resolution of Both Houses 1, which seeks to insert the phrase “unless […]

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Categories: Charter Change / Economic Freedom / News

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Not in my House — Belmonte

September 8, 2014

Rules out political Cha-Cha during his term Speaker Feliciano Belmonte is not inclined to entertain  the proposed political amendments to the 1987 Constitution being pushed by Rep. Edgar Erice of Caloocan, a member of the ruling Liberal Party. On Saturday, Belmonte said he was assured by Erice that changes involving political provisions in the Charter […]

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Categories: Charter Change / Competition / News

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Should we amend the Constitution?

August 28, 2014

Like It Is by Peter Wallace (Philippine Daily Inquirer) August 28, 2014   Should we amend the Constitution? Definitely yes. Should President Aquino get an extended term? Definitely no. Not because he doesn’t deserve it. Not because the country needs a continuance of his policies. Not because of any justification. He shouldn’t get it for […]

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Categories: Charter Change / Economic Freedom / Opinion / Peter Wallace

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House sentiment is against term extension – Belmonte

August 28, 2014

MANILA (UPDATED) – House Speaker Feliciano Belmonte Jr. reiterated his stand against amending the term limit of the president even as he continues to pursue charter change (Cha-cha) in the House of Representatives. “I’m against term extension. I’d like to confirm that’s my stand,” Belmonte said. He said no political amendments will be inserted into his proposal, […]

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Categories: Charter Change / News

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