The British Chamber of Commerce in the Philippines celebrated its successful advocacy efforts, focusing on the passage of key legislation benefiting both British and Philippine interests.
During its annual Media Appreciation Luncheon, the British Chamber reported its key achievements, including the signing of its priority bill, the Anti-Agricultural Economic Sabotage Act and the Anti-FinancialAccounts Scamming Act (Afasa).It also identified the swift passage of its remaining priority measures, such as the Cybersecurity Act, E-Governance Act and Konektadong Pinoy Act.
This year, the Chamber championed the extension of lowered tariffs until 2028, which it consistently supported annually. This, alongside the safeguard mechanisms against smuggling, will further attract British pork and beef exports while protecting local producers and consumers.The passage of Afasa strengthens the financial sector's defenses against cybercrimes while enabling the Bangko Sentral ng Pilipinas to collaborate more effectively with the Philippine law enforcement agencies.Alongside this advocacy, the British Chamber has similarly called for the swift passage of the Cybersecurity Act, noting the UK's excellence in cybersecurity and welcoming potential partnerships to enhance the Philippines' cybersecurity infrastructure.Meanwhile, the passage of the E-Governance Act will further advance the government initiatives on promoting the ease of doing business and reducing red tape,The Open Access in Data Transmission Act also aligns with these objectives by aiming to improve the Philippines' internet infrastructure and foster a more competitive telecommunications sector
BRITISH CHAMBER LEGISLATION CYBERSECURITY FINANCE ECONOMY
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