Page 11 - Commonwealth Act News Today

The 95,000 Christmas lights at the Bacolod City Public Plaza will be formally switched on today.* Jacob Jarder /Bacolod City PIO photo

In one Senate committee hearing on investment scams, then Senator Juan Ponce Enrile asked: “What is now the prevailing Blue Sky Law?” Very few understood the question. In general, blue sky laws are enacted by governments to prevent securities dealers from committing fraud through the sale of fake se

15 GMCAC officials vow to prove innocence

MANILA - Did you know that when the Philippine Commonwealth Government created Quezon City in 1939, it had a much smaller area than at present and a population of only 39,103 people? That small number of inhabitants came from the then sparsely-populated barrios which were taken from the Rizal towns of San Juan, Mandaluyong, Caloocan, Pasig and Marikina to comprise the infant city under Commonwealth Act (CA) 502 of Oct. 12, 1939. This and related information can be gleaned from data collated by t...

Bring it on. This was the response of Converge ICT Solutions founder and CEO Dennis Anthony H. Uy when asked about his stand on the call of some sectors to fully open the country’s telecom sector to foreign players. “I welcome foreign investors. However, I also want the governments of…

BETTER DAYS The Duterte administration has enacted several decisive measures aimed at making government processes simpler, more efficient, and more responsive to the Filipino peoples’ needs. One was signed last July — R.A. 11573, which simplified our land titling system by improving the confirmat

Senator Francis Tolentino (Senate of the Philippines) Tolentino, in a statement on Wednesday, August 4, stressed that tollways “are the blood veins of the Philippine economy, encompassing our way of life and facilitating the mobility of people, goods, and services.” In his interpellation on Senate Bill No. 2094, which seeks to amend the Commonwealth Act No. 146 or the Public Service Act (PSA), Tolentino warned that allowing foreign companies to take control of the country’s expressways mi...

Published June 1, 2021, 4:57 PM As the Senate starts to deliberate on the proposed amendments to the Philippine Services Act (PSA) on hopes to attract more foreign direct investments, consumers have spotted 2 provisions that would allow utilities firms to set rates without prior public consultations. In a letter to Senator Grace Poe, chairperson on the Senate committee on public services, Laban Konsyumer inc. (LKI) noted of the two items on Senate Bill 2094, which seeks to amend the 85-year old...

The country’s largest business groups have called for a review on two provisions – reciprocity clause and investments by foreign- state owned enterprises -- under the proposed Senate Bill 2094, which seeks to open the public services sector of the domestic economy to majority foreign equity ownersh

SunStar File photo May 30, 2021 ON MARCH 25, 2021, the bill creating the Metropolitan Davao Development Authority (MDDA) was passed on the third and final reading following the deliberations of the House of Representatives. The bill, which aims to focus on the socio-economic opportunities for the entire Davao Region, was hurried and unhampered amid the ongoing crisis brought about by the Covid-19. Davao City Third District Representative Isidro Ungab, proponent of the bill, bared t...