"No, thank you."
President Duterte rejected rumors that he is seeking to extend his term as the country's leader, saying he is already done with politics.
ACT Teachers party-list Representative France Castro
The Makabayan lawmaker said there is no way to control nor prevent both houses of Congress from inserting political amendments to the 1987 Constitution, including term extension.
“Kung halimbawa po ang Senate na ngayon ay nagsasabi sila hindi lang economic provision, on party-lists, maybe on terms, anong mangyayari, Mr Chair? Halimbawa ito lang ang pinagbotohan natin and then sila meron silang iba?” Castro asked AKO partylist Rep. Alfredo Garbin Jr. , chairperson of the House Committee on Constitutional Amendments, during his panel’s resumption of the Cha-cha deliberations in the Loiwer Chamber.
(For example, the Senate is currently saying that the amendments are not just economic provision, may include provisions on partylists, maybe on terms, what will happen, Mr. Chair? For example, this is what we have just voted, and they have a different version?)
Published January 12, 2021, 4:43 PM
At least 30 business organizations are signing a Joint Statement of Support calling for the immediate passage of the long delayed Corporate Recovery and Tax Incentives for Enterprises (CREATE) Bill with all the critical features to boost businesses and attract more investors into the country.
This was revealed by Aurelio “Gigi” Montinola during his inaugural address as new president of the Management Association of the Philippines after his oath taking and the new MAP Board by Inducting Officer, Finance Secretary Carlos G. Dominguez III.
AURELIO “Gigi” R. MONTINOLA III
Montinola said this as he outlined MAP’s policy directions during his term. For the economy, he said, MAP’s main immediate goal is to push for the passage of the CREATE Bill which will reduce Corporate Income Taxes to 20 percent for smaller businesses, establish 10-year sunset periods for specific incentive industries, and provide a much-needed P250 billion stimulus t
Local business leaders urged the Duterte regime on Monday to focus on the recovery of the Philippine economy, as it flagged the timing and push for work towards charter change.
Some progressive groups have raised concerns over the renewed push by lawmakers for Charter change to amend the “restrictive” economic provisions in the 1987 Constitution.