Sovereign wealth fund bill could face lawsuit

By Beatriz Marie D. Cruz A PROPOSED sovereign wealth fund that Philippine President Ferdinand R. Marcos, Jr. pitched to world and business leaders in Davos, Switzerland this month risks getting voided by the courts for “sequestering” dividends from state companies, a congressman said on Tuesday. The so-called Maharlika Investment Fund bill, which the House of […]

Inclusion of reps for OFWs, education sector recommended for bill on employment recovery plan 

GOVERNMENT OFFICIALS proposed the inclusion of representatives from overseas Filipino workers (OFW) groups and the education sector in a planned interagency body for the country’s employment recovery plan following the coronavirus pandemic.  Migrant Workers Secretary Susan V. Ople, in an economic affairs hearing at the Senate on Tuesday, said Senate Bill 129 should include representation […]

Bill mandates setting up an evacuation center in each town, city

A SENATOR has filed a bill that seeks to establish an evacuation center in every city and municipality in the Philippines.   Senator Rafael “Raffy” T. Tulfo filed Senate Bill 1652 to mandate local governments to set up a facility that is adequately equipped to accommodate displaced residents during disaster and emergency situations.   “When disaster and […]

Solons file bill on airline passengers’ rights; CAAP takes full blame on Jan. 1 airport hassle

A GROUP of lawmakers filed a bill on the rights of airline passengers which, if passed into law, will replace what they called the “ineffective” 2012 order containing the country’s Air Passenger Bill of Rights and Carrier Obligations.    “We need a law that would truly protect airline passengers and also serve as a deterrent to […]

Measure creating LGU business permit officer position hurdles House panel

THE House committee on local government has approved a bill that proposes to create the position of business permit licensing officer, its chairman said. “By institutionalizing the position of the business permit and licensing officer (BPLO), we are also creating efficiency in local government in the delivery of frontline services, like the issuance of business […]

Maharlika bill FoI safeguards seen as inadequate

THE Maharlika Investment Fund (MIF) bill is suffering from a lack of public consultation, with transparency safeguards like the obligation to respond to Freedom of Information (FoI) requests deemed insufficient for achieving transparency, a non-government organization said. David Michael M. San Juan, convener of the Professionals for a Progressive Economy, added that public consultations on […]

Senate bill granting 13th month pay to all government workers filed 

A SENATOR has filed a bill that will grant 13th month pay to all government employees, including those under the contract-of-service scheme or job order arrangement.   “Their work is as heavy as the work of the regulars,” Senator Ramon B. Revilla, Jr., who chairs the Senate Committee on Civil Service, Government Reorganization and Professional Regulation, […]

Substitute bill tasks SBCorp. with offering competitive alternative to moneylenders

THE House committee on micro, small, and medium enterprise (MSME) development approved a substitute bill positioning the Small Business Corp. (SBCorp.) as a possible alternative to usurers typically resorted to by small businesses. The unnumbered substitute bill authorizes SBCorp. to directly lend to MSMEs 40% of its Pondo sa Pagbabago at Pag-asenso Fund, and the […]

House approves substitute bill on mandatory military training 

THE HOUSE committee on appropriations approved on Tuesday a substitute bill instituting the National Citizens Service Training Program (NCSTP) for public and private tertiary education students.   The NCSTP shall be “mandatory for all students in undergraduate degree programs in all public and private higher education institutions and technical-vocational education and training programs or courses,” according […]

House committee clears reform bill for real property valuation by LGUs

THE House committee on ways and means approved a substitute bill seeking to reform the real property valuation system to allow local government units (LGUs) to better sustain themselves via property taxes, with the bill calling for uniform valuation standards and an electronic database of all real property transactions. The still-unnumbered substitute bill replaces legislation […]