“Deleting the so-called protectionist economic provisions of the Constitution would give foreigners the right to own utilities, mass media, investments, public franchises, and worse, land and natural resources.”
Tags: charter change
“The so-called foreign investment to be brought by economic Cha-cha is only for the benefit of the hacienderos and big businesses and not for the Filipino people.”
Bayan Muna Rep. Neri Colmenares has been urging lawmakers to “transcend their political affiliations” and think not only of this generation but also the future generations who, he said, will be condemned to greater poverty once this economic chacha succeeds.
“Where shall Aquino’s Cha-cha get the lands to be put up for sale to foreigners?”
In its public launching, May 28, the newly formed Philippine Land Reform Movement (PLRM) said Aquino’s Charter change will worsen the widespread land grabbing, land-use conversion, and forced eviction of peasants and rural poor in the countryside.
By BENJIE OLIVEROS Bulatlat perspective While the public’s attention is being directed toward the debate over the constitutionality of the proposed Bangsamoro Basic Law, the House of Representatives has been fast-tracking a resolution to remove or render inutile provisions in the 1987 Constitution that protect national patrimony. In an Interaksyon.com article dated May 27, 2015…
By Satur C. Ocampo At Ground Level | The Philippine Star In terms of growth in foreign direct investment inflows among the six “major” economies in the Association of Southeast Asian Nations, the Philippines was on top in 2013, scoring a 24% increase. That’s the good news. However, there’s the downside. Our country was at…
“If we lift the current restrictions, local enterprises and businesses would suffer due to the unrestrained dominance of foreign investors. Lifting the economic limits would also open the floodgates for further exploitation of our country’s scarce natural resources, including forests and mineral reserves.” – Kabataan Rep. Terry Ridon
By Carol Pagaduan-Araullo Streetwise | BusinessWorld In the run-up to the Manila visit of US President Barack Obama, mass media attention has been riveted towards the cat-and-mouse game of Philippine and Chinese naval forces near the Ayungin Shoal and the high-profile declarations of support by the US for its defense treaty allies, Japan and the…
“They [foreign investors] would invest here not to develop Philippine media or to enlighten Filipinos but to gain profits.” – Dean Luis Teodoro
“The Philippine economy has not developed despite rising foreign investments because domestic economic policy has been biased for foreign investors at the expense of long-run national development.” – Ibon Foundation