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Politics

ZUBIRI BATS FOR MORE INVESTMENT PITCHES FOR PH

As a party to the Regional Comprehensive Economic Partnership (RCEP) Agreement, the Philippine government should formulate better investment pitches for prospective foreign investors to successfully land more investments for the country. Former Senate President Migz Zubiri made this statement during the hearing of the Senate Special Oversight Committee on the RCEP Agreement chaired by Senate […]

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Politics

RCEP NOT A THREAT TO PH AGRI – ZUBIRI

In his sponsorship of the Regional Comprehensive Economic Partnership (RCEP) Agreement for approval and concurrence in the Senate recently, Senate President Migz Zubiri assured the agriculture sector that the agreement will not pose a threat to them. “Bilang isang agrikulturista rin, naiintindihan ko po ang mga pangamba ng mga magsasaka. Alam niyo naman po kung […]

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Politics

ESCUDERO TO GOV’T: CRAFT SUPPORT MEASURES FOR RCEP

Touted by the administration as the “world’s biggest free trade deal,” the Regional Comprehensive Economic Partnership (RCEP) could, however, make the Filipino farmers the biggest losers if the agreement would overpromise but underdeliver like similar laws and treaties in the past. Senator Chiz Escudero warned that RCEP could end up for farmers as another Rice […]

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Politics

GIVE AGRI PRIORITY WITH OR WITHOUT RCEP – ESCUDERO

Senator Chiz Escudero has underscored the need for government to expedite the provision of much needed help in the agricultural sector to make it truly resilient and competitive internationally “with or without” the Regional Comprehensive Economic Partnership (RCEP) free trade agreement. “Matagal ko nang panawagan sa pamahalaan na bigyan ng tunay na prioridad ang sektor […]

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Politics

LEGARDA TO LEAD RCEP RATIFICATION

Presiding over the resumption of the Senate deliberations on its concurrence on the ratification of the Regional Comprehensive Economic Partnership Agreement (RCEP), Senate President Pro Tempore Loren Legarda shared the frustration of farmers, who are among the direct stakeholders of currently the world’s biggest free trade pact. During the public hearing conducted by a special […]

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Politics

PREPARE PH FARMERS FOR GLOBAL TRADE – SALCEDA

The chair of the House Ways and Means Committee said the country’s agricultural sector still needs “infusions” of domestic and public investment to compete effectively even as the world’s largest free trade pact took effect for most of the 15 member countries at the start of this year. Albay Representative Joey Salceda said the Regional […]

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Government

PH ECONOMY TO BENEFIT FROM RCEP AGREEMENT – LOPEZ

With the Regional Comprehensive Economic Partnership (RCEP) Agreement set to enter into force on January 1, 2022, securing Senate concurrence to the ratification of the Agreement becomes more urgent for the Philippines. Many economists and international organizations have already expressed views on the value and importance of the RCEP Agreement to the Philippines and to […]

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Government

PH TO BENEFIT FROM RCEP AGREEMENT – LOPEZ

An online public hearing for the Regional Comprehensive Economic Partnership (RCEP) Agreement was conducted by the Senate Committee on Foreign Relations (CFR) recently. The hearing was led by Senator Koko Pimentel, Chairperson of the CFR and attended by representatives from the government, academe, private sectors, and civil society organizations. The Department of Trade and Industry […]

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Government

RCEP TRADE MINISTERS SIGN FREE TRADE DEAL – LOPEZ

Department of Trade and Industry (DTI) Secretary Ramon Lopez joined the Trade Ministers from the Member States of the Association of Southeast Asian Nations (ASEAN) and its five trade partners—Australia, China, Japan, Korea, and New Zealand—in signing the Regional Comprehensive Economic Partnership (RCEP) Agreement. The historic signing, held during the 4th RCEP Leaders’ Summit held via Video […]