This is an article repost.
BUSINESS GROUPS will continue to push for the approval of legislation they deem as crucial despite the measures’ exclusion from Malacañang’s latest priority list.
“I agree with [Palace’s decision to prioritize] the Reproductive Health Bill, excise tax restructuring, and personal data protection,” Philippine Chamber of Commerce and Industry, Inc. President Francis T. Chua said in a text message on Wednesday.
“[But] what should have been included are the competition law, anti-smuggling, and customs modernization.”
The American Chamber of Commerce of the Philippines, Inc. (AmCham), for its part, expressed satisfaction with the push for certain bills.
“We have seen this year significant progress with the rationalization of fiscal incentives, the customs and tariff rationalization act, the build-operate-transfer law amendments, and data privacy,” AmCham legislative committee chairman John D. Forbes said in a telephone interview.
“We hope to have these bills passed as soon as possible. As we said, ‘arangkada’ or accelerate — the government should work twice as fast now as they did back then.”
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Source: Business World, Aug. 18, 2011
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