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

PHILSTAR FILE PHOTO

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

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