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Philippine Business Groups - Joint Foreign Chambers Press Conference on 16th Congress Legislation

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  • To be shown before the start of the Press Conference
  • To be shown when A. Pettersson is reading this part of her speech:Given the importance of laws and updated legislation to the growth of the economy, it is essential that business groups continue their role as advocates for the passage of reform laws. This role was exemplified when leaders of 6 Philippine business groups and 7 foreign chambers wrote to Executive Secretary Paquito N. Ochoa, Jr. on May 27, transmitting a list of business and economic legislative reform measures for the 16th Congress for consideration by the LEDAC and President Aquino. A subsequent letter was sent to President Aquino on June 19 signed by the same groups.
  • To be shown when ANZCham Angie Petterson starts her speech.
  • To be shown when A. Pettersson is at 3rdpara of her speech:Arangkada Philippines 2010 contains 471 recommendations from Filipino and foreign businessmen and women for building a more competitive economy, reform-by-reform, leading to high growth and millions of new jobs. Catching up and keeping up is an imperative, not a choice. The Philippines has lagged for too long, losing competitiveness, despite its immense potential and location in the fastest growing region with 60% of the global population. More than ever, opportunities abound for the Philippines to improve trade and investment ties in Asia and elsewhere and advance the country towards high-income status.
  • Presscon ppt

    1. 1. Philippine Business Groups - Joint Foreign Chambers Press Conference on 16th Congress Legislation September 11, 2013, 10:00 a.m., JV Del Rosario Rm, 4/F AIM Conference Center
    2. 2. Philippine Business Groups-Joint Foreign Chambers
    3. 3. Arangkada Philippines 2010 paper intended to  A comprehensive advocacyto the creation of share recommendations leading  $75 billion in new foreign investment,  10 million jobs, and  Over one trillion pesos in revenue for the Philippine economy within this decade. • The Joint Foreign Chambers of the Philippines advocates that to achieve these results the country should focus on more rapid development of the Seven Big Winner Sectors and move twice as fast!!
    4. 4. The Arangkada Philippines Project  TAPP is a 4-year USAID project with AmCham to advance the 470 Arangkada recommendations.  http://www.investphilippines.info/arangkada/  http://www.investphilippines.info/arangkada/thearangkada-philippines-second-anniversary-assessment/
    5. 5. Legislation Policy Brief
    6. 6. Key Point • The pace of legislation is hard to predict. Some bills move through the Congress in surprisingly short periods. Others are stuck for many years. Pace of legislation, 26 bills in recent Congresses Act/Bill 1. Anti-Enforced or Involuntary Disappearance Act (RA 10353) 2. Anti-Trust Year Introduced Years to Date enacted/ parliamentary enactment/ status pending 1990 21-Dec-12 22 (pass) 1992 H-pending 2R; S-pending 2R 21 (pending) 3. Build-Operate-Transfer Law amendments 1996 17 (pending) 4. BSP Charter amendments 1997 5. CCT/GPB Tax Abolition (RA 10378) 6. Civil Aviation Authority of the Philippines Act (RA 9497) 2011 H-TWG; S-pending in cmt. H-pending 2R; S-pending in cmt. 7-Mar-13 1993 4-Mar-08 15 (pass) 7. Customs Modernization and Tariffs Act 2008 8. Cybercrime Prevention Act (RA 10175) 2004 H-approved 3R; S-pending in cmt. 12-Sep-12 9. Data Privacy Act (RA 10174) 2009 15-Aug-12 16 (pending) 2 (pass) 5 (pending) 8 (pass) 3 (pass)
    7. 7. Act/Bill 10. Department of Information and Communications Technology 11. Exchange of Information on Tax Matters Act (RA 10021) 12. Excise Tax on Alcohol, Cigarettes, and Tobacco (RA 10351) 13. Freedom of Information Act 14. GOCC Governance Act (RA 10149) 15. Government Procurement Act amendments 16. Insurance Code amendments 17. Intellectual Property Code amendments (RA 10372) 18. Land Administration and Reform Act 19. Repeal of Nightwork Prohibition for Women (RA 10151) 20. National Land Use Policy 21. Philippine Design Competitiveness Act (RA 10557) Year Introduced Date enacted/ parliamentary status Years to enactment/ pending 2001 H-approved 3R; S-approved 3R 12 (pending) 2009 5-Mar-12 1 (pass) 2007 20-Dec-12 5 (pass) 1992 1998 2004 1987 H-pending 2R; S-approved 3R 6-Jun-11 H-TWG; S-pending in cmt. 15-Aug-13 21 (pending) 13 (pass) 9 (pending) 26 (pass) 2001 28-Feb-13 12 (pass) 2003 H-pending in cmt.; S-pending in cmt. 10 (pending) 2002 21-Jun-11 9 (pass) 1993 H-3R approved; S-pending 2R 20 (pending) 2008 15-May-13 5 (pass) 22. Rationalization of Fiscal Incentives 1995 23. Reproductive Health (RA 10354) 24. Rural Bank Act amendments (RA 10574) 25. Sustainable Forest Management Act 26. Water Sector Reform 1995 1997 1995 1997 H-approved 3R; S-pending in cmt. 21-Dec-12 24-May-13 H-approved 3R; S-TWG H-TWG; S-pending in cmt. 18 (pending) 17 (pass) 16 (pass) 18 (pending) 16 (pending)
    8. 8. Key Point • The last two Congresses have been productive, producing a high number of business and economic reform measures – 22 in the 14th Congress (2007-10) and 29 in the 15th Congress (2010-13). Business and economic reform laws, by Congress, 2007-13 Law Law No. 14th Congress (2007-10) 1. Anti-Camcording Act RA 10088 2. Bureau of Food and Drugs Act amendments RA 9711 3. Civil Aviation Authority of the Phil. Act RA 9497 4. Cooperatives Code RA 9520 5. Credit Information System Act RA 9510 6. Customs Brokers Act amendments RA 9853 7. Documentary Stamp Tax Exemption RA 9648 8. Financial Rehabilitation and Insolvency Act RA 10124 9. Individual Income Taxes Rate Exemption RA 9504 10. JPEPA Ratification 11. Magna Carta for MSMEs Act amendments RA 9501 Date Enacted 13-May-10 18-Aug-09 4-Mar-08 17-Feb-09 31-Oct-08 15-Dec-09 30-Jun-09 18-Jul-10 17-Jun-08 8-Oct-08 23-May-08
    9. 9. Law 14th Congress (2007-10) 12. National Grid Corporation Franchise 13. National Tourism Policy Act 14. Personal Equity Retirement Account (PERA) Act Philippine Deposit Insurance Corp. 15. amendments 16. Pre-need Code 17. Real Estate Investment Trust Act 18. Renewable Energy Act 19. Residential Free Patent Act 20. Revised Kyoto Convention Ratification 21. Tax Information Exchange Act 22. Tax on Life Insurance Premiums Law No. Date Enacted RA 9511 RA 9593 RA 9505 1-Dec-08 12-May-09 22-Aug-08 RA 9576 29-Apr-09 RA 9829 3-Dec-09 RA 9856 17-Dec-09 RA 9513 16-Dec-08 RA 10023 9-Mar-10 1-Feb-10 RA 10021 8-Mar-10 RA 10001 23-Feb-10
    10. 10. Law Law No. 15th Congress (2010-13) 1. Agricultural and Fisheries Mechanization Law RA 10601 Date Enacted 5-Jun-13 2. Anti-Enforced or Involuntary Disappearance Act RA 10353 21-Dec-12 3. Anti-Money Laundering Act amendments RA 10167 18-Jun-12 4. Anti-Money Laundering Act amendments RA 10365 15-Feb-13 Common Carriers Tax/ Gross Philippine Billings 5. RA 10378 7-Mar-13 Tax 6. Conciliation-Mediation for Dispute Settlement RA 10396 16-Mar-13 7. Cybercrime Prevention Act RA 10175 9-Sep-12 8. Data Privacy Act RA 10173 15-Aug-12 9. Domestic Workers Act RA 10361 18-Jan-13 10. Early Years Act RA 10410 26-Mar-13 11. Enhanced Basic Education Act RA 10533 15-May-13 12. Excise Tax on Alcohol, Cigarettes, and Tobacco RA 10351 20-Dec-12 13. Expanded Anti-trafficking in Persons Act RA 10364 6-Feb-13 14. Extending Implementation of the Lifeline Rate RA 10150 20-Jun-11 15. Financial Rehabilitation and Insolvency Act RA 10142 18-Jul-10
    11. 11. Law 15th Congress (2010-13) Law No. Date Enacted 16. Firearms and Ammunition Regulation Act RA 10591 29-May-13 17. GOCC Governance Act RA 10149 6-Jun-11 18. Intellectual Property Code amendments RA 10372 28-Feb-13 19. 20. 21. 22. 23. 24. 25. 26. 27. 28. 29. RA 10157 RA 10606 RA 10174 RA 10557 RA 10587 RA 10151 RA 10354 RA 10349 RA 10574 RA 10395 RA 10168 20-Jan-12 19-Jun-13 16-Aug-12 15-May-13 27-May-13 21-Jun-11 21-Dec-12 11-Dec-12 24-May-13 14-Mar-13 18-Jun-12 Kindergarten Education Act National Health Insurance Act of 2013 People Survival Fund Philippine Design Competitiveness Act Regulating Profession – Environmental Planning Repeal of Nightwork Prohibition for Women Reproductive Health Act Revised AFP Modernization Act amendments Rural Bank Act amendments Strengthening Tripartism Terrorism Financing Prevention and Suppression Act
    12. 12. Key Point • Low Hanging Fruit or bills that almost reached enactment in the 15th Congress. Bill 1. Additional Relief to Families with Dependents 2. Chinese New Year as a Working Holiday 3. Customs Modernization and Tariffs Act 4. Department of Info and Communications Tech. 5. Direct Remittance to LGUs of 40% Taxes 6. Freedom of Access to Information 7. Lemon Law 8. National Land Use Act 9. Plastic Bag Regulation Act 10. Rationalization of Fiscal Incentives 11. Real Property Valuation 12. Regulating Profession - Criminology 13. Regulating Profession - Forestry 14. Regulating Profession - Pharmacy 15. Sustainable Forest Management Act 16. Whistle Blowers Protection Act 17. Witness Protection, Security, and Benefit Act Final Status H-approved 3R; S-approved 3R H-approved 3R; S-approved 3R H-approved 3R; S-pending in cmt. H-approved 3R; S-approved 3R H-approved 3R; S-pending in cmt. H-pending 2R; S-approved 3R H-approved 3R; S-pending in cmt. H-approved 3R; S-pending 2R H-approved 3R; S-pending in cmt. H-approved 3R; S-pending in cmt. H-approved 3R; S-pending in cmt. H-approved 3R; S-pending in cmt. H-approved 3R; S-pending in cmt. H-approved 3R; S-pending 2R H-approved 3R; S-TWG H-approved 3R; S-pending 2R H-approved 3R; S-pending 2R
    13. 13. Key Point  Record of Congress in enacting revenue-reducing and market unfriendly laws has improved. Law 14th Congress (2007-10) 1. Agri-agra Law amendments 2. Aurora Pacific Economic Zone Act 3. Bataan Freeport Area Act 4. Cheaper Medicines Act 5. Eidul Adha Holiday 6. Expanded Senior Citizens Act 7. Income Tax Exemption and Condonation of Unpaid Taxes of Local Water Districts 8. Tax Deductibility of Actual Free Legal Services rendered by lawyers 15th Congress (2010-13) None Law No. Date Enacted RA 10000 RA 10083 RA 9728 RA 9502 RA 9849 RA 9994 23-Feb-10 22-Apr-10 23-Oct-09 6-Jun-08 11-Dec-09 15-Feb-99 RA 10026 11-Mar-10 RA 9999 23-Feb-10
    14. 14. Key Points • Greater attention should be given to the timely approval and carrying out of IRR. • A presidential EO can hasten introduction of a reform. • LEDAC should meet regularly to facilitate coordination between Executive and Congressional leaders. LEDAC met only twice in 2011 in current administration.
    15. 15. Conclusions and Recommendations  Passage of business and economic reforms bills should have high priority as they support investment and job creation.  The President’s Liberal Party and allies enjoy strong 3/4 majorities that can be very productive in accomplishing legislative reform, more than the 15th Congress.  Leveraging its high popular support, the Aquino Administration should work closely with Congress to pass significant reforms.
    16. 16. Conclusions and Recommendations  LEDAC should meet regularly to facilitate coordination and maximize the legislative legacy of the Administration. Alternately, the House Speaker and Senate President should conduct “summits.”  Passage of “Low-Hanging Fruit” bills should be prioritized.  Market-inimical and revenue-eroding bills should be carefully reviewed.  Bills enacted should be implemented as soon as possible.  The legislative workload should be front-loaded to pass bills earlier rather than toward the end of the Congress, when the 2016 national elections will preoccupy legislators.
    17. 17. Priority Bills of the Business Sector in the 16th Congress  Key reforms that Congress should act upon at an early date include: 1. 2. 3. 4. 5. 6. 7. 8. Competition policy/anti-trust (independent commission) Customs Modernization and Tariffs Act/Anti-Smuggling Economic Provisions of the Constitution amendments Foreign Investment Negative List liberalization Government Procurement Act amendments Mining Fiscal Reform (competitive and equitable) Rationalization of Fiscal Incentives Transparency and Accountability in Fiscal Incentives.
    18. 18. Priority Bills of the Business Sector in the 16th Congress  Other important reforms include: 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. Anti-Money Laundering Act amendments Bangsamoro Basic Law BSP Charter amendments CAAP Act amendments CCT/GPB Tax on freight (removal) DICT creation Energy Efficiency and Conservation Act Freedom of Access to Information Labor Code reform Land Administration Reform Act Fiscal Responsibility Act National Land Use Act*
    19. 19. Priority Bills of the Business Sector in the 16th Congress  Other important reforms include: 13. 14. 15. 16. 17. 18. 19. 20. 21. 22. National Valuation Law Ombudsman Act amendments PPA Charter amendments Professional Laws (reciprocity) Public Services Act rationalization Right-of-Way Act amendments Sandiganbayan reforms Sustainable Forest Management Act Whistle Blowers Protection Act Witness Protection, Security, and Benefit Act.
    20. 20. Thank You!

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