• Politics
  • Economy
  • Stock
  • World News
  • Editor’s Pick
Investments Aims
EconomyEditor's Pick

PCCI backs 20 measures to ‘unlock economy’s potential’

by July 22, 2025
by July 22, 2025

THE Philippine Chamber of Commerce and Industry (PCCI) said it supports 20 legislative measures which it hopes will help President Ferdinand R. Marcos, Jr. “unlock the full potential of the economy.”

“The proposals target structural reforms to unlock the full potential of our economy and ensure broadly shared and sustainable growth,” PCCI President Enunina V. Mangio said in a statement on Tuesday.

“The measures align with the administration’s momentum in enhancing competitiveness, expanding economic opportunities, and driving innovation,” she added.

The business group’s endorsements cover measures promoting digital transformation and infrastructure.

“Among the top priorities is the Open Access in Data Transmission Bill (or the proposed Konektadong Pinoy Act), which seeks to expand high-speed internet access nationwide and fully leverage the Digital Transformation Roadmap and National Fiber Backbone,” it said.

“PCCI also backs the passage of a National Comprehensive Infrastructure Masterplan, providing a long-term framework for strategic and resilient infrastructure investment,” it added.

The business group sought the passage of the proposed International Maritime Competitiveness Act and amendments to the charters of the Philippine Ports Authority and the Civil Aviation Authority of the Philippines.

According to the PCCI, these measures, which will resolve conflicting mandates and enhance regulatory oversight in the shipping and aviation sectors, will help improve logistics efficiency and reduce costs.

The PCCI also hopes the President backs the passage of amendments to the Magna Carta for micro, small, and medium enterprises, which it said will help enhance access to finance, markets, and technology for small businesses.

“Agricultural and fisheries reforms are also on the agenda, including the Blue Economy Act, Corporate Farming Act, amendments to the Agri-Agra Law, ASIN Law, Warehouse Receipts Act, and the long-awaited National Land Use and Management Act,” the PCCI said.

The PCCI also sought the President’s support for the proposed Apprenticeship Training System Act, amendments to the Dual Training System Act, and the proposed National Quality Infrastructure Act.

“To enhance public service delivery and fiscal accountability, the PCCI urges the passage of the (proposed) Budget Modernization and Reform Act and Customs Amnesty Act,” it added.

The group recommends the passage of the proposed Cybersecurity Act, E-Governance Act, and Artificial Intelligence Act.

“These measures address structural bottlenecks that hinder investment, logistics, rural development, and regulatory efficiency,” Ms. Mangio said.

“We believe strong endorsement of these bills during the State of the Nation Address will help fast-track their passage and demonstrate the administration’s commitment to inclusive and future-ready economic growth,” she added. — Justine Irish D. Tabile

0 comment
0
FacebookTwitterPinterestEmail

previous post
Document ‘leaking’ PHL stance on tariff talks rejected as fake
next post
DA says crop damage initially estimated at P134.7 million

You may also like

Cebu BRT partial launch targeted for September

July 23, 2025

GSIS keen to prove ‘integrity’ of investment decision-making

July 23, 2025

Gov’t urged to focus reform effort on power,...

July 23, 2025

US healthcare group pledges $500-M hospital investment

July 23, 2025

E-gambling ban could drive industry underground — study

July 23, 2025

Farm damage tally rises to P323.15 million

July 23, 2025

Balisacan says PHL well-placed to leverage AI

July 23, 2025

Livestock industry seen benefiting from lower tariffs on...

July 23, 2025

Low rates, agriculture seen key to boosting growth,...

July 23, 2025

APECO revives 10 infra projects worth P800M

July 23, 2025

Leave a Comment Cancel Reply

Save my name, email, and website in this browser for the next time I comment.

Join The Exclusive Subscription Today And Get Premium Articles For Free


Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Recent Posts

  • HERE WE GO: Wall Street Journal Says Bondi Told Trump He’s in the Epstein Files – DOJ Responds with Fire

    July 23, 2025
  • JUST IN: US House Oversight Committee Subpoenas Epstein’s Accomplice Ghislaine Maxwell – Disgraced British Socialite and Convicted Sex Trafficker Will Be Deposed on August 11

    July 23, 2025
  • Shocking Study Shows Chemotherapy Reactivates Dormant Cancer Cells – Triggers Metasis

    July 23, 2025
  • HUGE! Supreme Court Allows Trump to Fire 3 Biden-Appointed Democrats on Consumer Product Safety Commission

    July 23, 2025
  • WATCH LIVE: President Trump Delivers Remarks and Signs Executive Orders at AI Summit – 5 PM ET

    July 23, 2025
  • Terms & Conditions
  • Privacy Policy
  • Contact us
  • About us

Copyright © 2024 Investments Aims. All Rights Reserved.

Investments Aims
  • Politics
  • Economy
  • Stock
  • World News
  • Editor’s Pick