When the oldest and most respectable association of legal luminaries in the country joins forces with Asia’s oldest and most prestigious press club, it can only mean one thing: a grand success.
And so it was that the Philippine Constitution Association, or PHILCONSA, together with the Manila Overseas Press Club, or MOPC, held a one-of-a-kind PHILCONSA Day and Senate Night recently at the Fairmont Hotel Ballroom in Makati City.
The event was truly a night of nights. Philippine Ambassador to the United States Jose Manuel “Babe” Romualdez was present despite his rather hectic schedule to give the introductory speech. Among the pieces of legislation the Senate ratified were Senate Bill No. 2224 and Senate Bill No. 2233 . Senate Bill No. 2221, or the proposed Magna Carta of Filipino Seafarers, was also approved on third and final reading after the President certified its passage as urgent.
The Speaker also pointed out that although these provisions were drafted with patriotic intentions, these regulations have unintended adverse consequences, such as limiting job creation, among others. He emphasized that “countries like Vietnam and Indonesia have been welcoming foreign direct investments with open arms and reaping substantial benefits, mainly through job creation. We, on the other hand, have missed out on these opportunities due to our stringent regulations.
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