Congress pushes Charter change

Belmonte, Enrile to Aquino: Let’s do it

Senate President Juan Ponce Enrile

Senate President Juan Ponce Enrile

Senate President Juan Ponce Enrile is ready to engage President Benigno Aquino in a drinking spree if only to convince the Chief Executive that the time for Charter change has come.

Enrile is evasive about details of economic provisions needing improvement or clarification that he and Speaker Feliciano Belmonte Jr. want to discuss with the President.

“It’s up to me,” Enrile repeatedly told reporters asking about the provisions at the Kapihan sa Senado forum on Thursday.

However, the two leaders of Congress are apparently gearing for a bloody battle once Mr. Aquino is done with his State of the Nation Address on Monday.

“I do not pretend I can convince (him),” Enrile said about meeting the President to discuss Charter change and its urgency.

“I will have a smoke with him. If need be, I will also have a drink with him,” he added.

The President is known as a heavy smoker but does not drink, unlike his two predecessors, Gloria Macapagal-Arroyo and Joseph Estrada.

Enrile dismissed speculations that the President would be hesitant to give his nod to Charter change since it is one of the concrete legacies left by his mother, the late President Corazon Aquino.

“I don’t pretend to read the minds of anyone. I present my case, I argue my case and I will try to make the other side understand and accept my case,” said Enrile, who earned accolades for his role as presiding officer in the impeachment trial of ousted Chief Justice Renato Corona.

60-40 ratio

There is, however, one particular provision that Enrile has trained his guns on: The 60-40 ratio that limits foreign ownership of certain businesses like public utilities.

He said the plan was not to alter the ratio or control of assets in the Philippines.

“It is wrong to interpret that we will change the 60-40 (ratio). We are supporting the

60-40 rule but do not put it in the Constitution … Let it be delegated to Congress so it can have flexibility to maintain or relax (the ratio) if there is a need for it,” Enrile said.

Article XII of the Constitution provides that “Congress shall, upon recommendation of the economic and planning agency, when the national interest dictates, reserve to citizens of the Philippines or to corporations or associations at least sixty per centum of whose capital is owned by such citizens, or such higher percentage as Congress may prescribe, certain areas of investments.”

It says Congress “shall enact measures that will encourage the formation and operation of enterprises whose capital is wholly owned by Filipinos.”

“In the grant of rights, privileges and concessions covering the national economy and patrimony, the State shall give preference to qualified Filipinos,” it says.

The State, meanwhile, “shall regulate and exercise authority over foreign investments within its national jurisdiction and in accordance with its national goals and priorities,” the Constitution says.

Opposition to Charter change

Enrile said Congress would provide solutions to address issues where the 60-40 ratio is apparently an impediment.

“In certain areas of the economy, Congress would relax it. Congress in its wisdom may do so without abandoning the protection of Filipino interests. It’s up to Congress to address it. There’s no danger there,” he said.

The Senate President lamented that some sectors were opposing the idea of Charter change even before the issue was properly studied.

“(The Charter change we plan) will not take long. If we really face this issue and grab it by the horns, it does not require too much time and blah-blah-blah,” he told reporters.

Enrile explained that those opposing Charter change were still in the dark over how Congress leaders would do it.

Modified assembly

He said the plan was to constitute Congress into a “modified  constituent assembly” where the two chambers would separately debate and vote on proposed amendments in the form of resolutions.

The Senate President said a constituent assembly involved less public funds because the current membership of the Senate and the House of Representatives would comprise it.

By contrast, a constitutional commission, similar to that formed in the 1970s, would require an election of delegates, Enrile said.

It was Senator Franklin Drilon who raised the possibility of convening Congress into a “bicameral constituent assembly” to effect Charter changes.

Senator Miriam Defensor-Santiago, chairperson of the committee on constitutional amendments, was among the first to raise a howl over the proposal.

Lobby groups

Santiago was at it again on Thursday, warning that transforming Congress into a constituent assembly “would raise suspicion among the people that legislators might be serving certain agenda under pressure from vested interests and other lobby groups.”

“Certain politicians boast that even if the nation calls for a constitutional convention with elected delegates, the local politicians would be able to control who the delegates will be. That is hubris, unjustifiable pride of authority,” Santiago said in a speech delivered at an event of the Girl Scouts of the Philippines Thursday morning.

Limited to economy

Enrile was quick to assuage Santiago’s fears, saying he and Belmonte had agreed that they would not accommodate resolutions that have nothing to do with the economy.

“(Charter change) resolutions that will be filed in the House are supposed to be limited to (economic provisions). If someone attempts to sneak in something else, that resolution will not be passed. The same principle applies in the Senate,” he said.

Charter change critics are worried specifically about attempts to do away with the political provision that imposes term limits on all elected officials.

“The political (aspect of the Constitution) is OK, although I would agree with suggestions of a federalized government. Just so we can see which parts of the Philippines would develop first,” Enrile said.

Meeting at Enrile home

Enrile said Belmonte even brought along House Majority Leader Neptali Gonzales II to his residence last week when they talked about approaching the President about Charter change.

The Senate leader said the Speaker “promised he would reach out to the President and find out if (Mr. Aquino) would be receptive and available for discussion of our proposal to reexamine the economic provisions of the Constitution.”

Enrile said he and Belmonte had not set a specific time frame for the plan to discuss Charter change in Malacañang.

“But the Speaker said he would advise me when the President has already set up a schedule to talk to us,” he added.

Enrile expressed confidence that fellow senators “who are equally patriotic as anyone else want our countrymen to have a better life, for the country to progress and to provide jobs for jobless people.”

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  • Norman

    I had made office transactions with 2 of them,they made promises and ask money “to keep things going” other then regular fees supposed to be made,I waited for years and nothing was done until to this time.There’s always a rumor of their corrupt practices and being a middle man/women……Maybe Mr Paje will investigate all angles what causing all this regrettable killing….

  • Joseph20112012

    Before the Philippines trumpets itself as a real Tiger Economy of Asia, the Aquino Administration should do this first through a constitutional amendment:

    Abolish the 60/40 equity restrictions against foreign investments from our 1987 constitution and allow foreigners to invest 100% of a business from their own pockets and control it what they invested in order to lure more foreign investors to come here in the Philippines and invest in our economy without much preoccupations which means they could generate more jobs for the Filipinos at home as much as possible.

    Foreign equity ownership by economic sector should be like this:

    Mining – 100%
    Oil and gas – 100%
    Agriculture – 100%
    Forestry – 100%
    Light manufacturing – 100%
    Food products manufacturing – 100%
    Pharmaceuticals manufacturing – 100%
    Publishing – 100%
    Fixed-line infrastructure – 100%
    Fixed-line telephony services – 100%
    Wireless/mobile infrastructure – 100%
    Wireless/mobile services – 100%
    Power distribution – 100%
    Power generation (biomass) – 100%
    Power generation (coal) – 100%
    Power generation (hydro) – 100%
    Power generation (solar) – 100%
    Power generation (wind) – 100%
    Power transmission – 100%
    Banking – 100%
    Insurance – 100%
    Airport operation – 100%
    Domestic air – 100%
    International air – 100%
    Port operation – 100%
    Newspaper – 100%
    Television broadcasting – 100%
    Construction – 100%
    Retail distribution services – 100%
    Tourism – 100%
    Health care – 100%
    Waste management – 100%

    To those who will say that if in case we will allow total 100% foreign equity ownership of setting-up of businesses and owning land, we will become a foreigners in our own land are just simply a fear mongering assumptions by coward and free-loading rightists and leftists elements in our country.

    By using their logic, Singapore and Hong Kong should have been controlled by the Americans, Europeans, or Chinese economically and politically speaking but instead, their respective economies became more economically developed with the influx of foreign investments in their respective territories.

    • pangitbudhiko

      joseph, I think this is wrong to give 100% ownership of foriegn company in the Philippines. Even here in Canada the Prime Minister thumbs down that proposal, He said Canadian brain will not go out off Canada, Canada will maintain a strong control  of bussiness here put up by foriegn entity. Put a  bussiness in Canada Canadian government will control your company period no if’s or buts here.

    • johnllander

      The issues of 100% ownership by foreigners could be addressed by statutes.

  • jinx

    There’s nothing wrong with the Constitution. It’s the likes of Enrile—traditional politicians—that drag this country down to the dumps.  Instead of putting the RH bill to a vote- a bill that will concretely mitigate the impact of poverty- here they are tampering again with the noble Constitution. Preposterous!

  • Hey_Dudes

    Factually, Philippine constitution can be change like underwear are changed on regular basis.  Regardless of true value and sincere intentions, a new constitution in the hands of these hooligans is just another exercise in ripping the Filipino people as they clap their hands in adoration. Ferdinand Marcos did not have to change the constitution but did anyway to suit his intended purpose.  For doing that, another constitution was born in which the country suffers and likely to suffer even more if these same hooligans get their way in giving birth to another constitution.  The question becomes, when will this business of changing constitution ends and the welfare of the people not politicians becomes a priority?

  • pangitbudhiko

    don’t amend the 60-40 ratio of foriegn control company, that is the only way toDO IT. Do you know why foriegn  investopr shy away from investing in the Philippines.

    We have corrupt  government regulators to oversees the normal operation of this Company,
    We have corrupt local politician who will want a cut of the cake.
    we have the corrupt National politician who will also take dip on the pocket  of the foriegn company.
    and last but not the least the foriegn company be ask by the npa to pay revolutionary tax
    and also we have the muslim terrorist who will kidnap the foriegn manager of the company.



    • superpilipinas

      I agree. I prefer the 60-40.

      Once we allow foreign companies to own 51% or higher, Filipinos will surely be exploited. In the end, there will be no Filipino company since we cannot compete with foreigners. Not a single one. Huge foreign companies will buy out the successful small Filipino companies.

      I will only agree to open up to foreigners if:
      1. they pay 2 times the tax locals are paying.
      2. they only employ foreigners up to 0.5% of total employees.
      3. they wil not buy imported goods and materials if these are available locally.
      4. locate their establishments in provinces with fewer businesses.

    • cris

      you just said that you dont want  a foreigner to own more than 40 of the company so gusto mo tao mo lang siya at hinde partner kasi ang partnership dapat 50-50 kayo good luck na lang kung makakakita ka ng dayuhan mag pa under sa pinoy

  • Luthmar

    Those who are pro and against charter change should debate (televised) in Tagalog so that the people will know what they are talking about.  Thereafter, it should be submitted to a referendum.  The people will decide.

    • superpilipinas

      Wonderful idea!

      If they can televise the Corona impeachment and JBC selection, they should be able to do so for the more important Charter Change.

      Although personally, I don’t think the we need the change now.

  • guest1500

     Do Enrile really wants to give full ownership to foreigners to public utilities like power and water? I think he should give more reasons and be more detailed before he pursue this because these firms could end up to communist China because they have the money now.

  • pangitbudhiko


  • pangitbudhiko

    dapat wag ng gumastos sa constitutiopnal convention magtanong na lang sa barberya ni pedro, I think pedro the barber will have more sense making or amending the constitution. what do you say guys

  • superpilipinas

    The only things I want changed in the Constitution:

    1. AFP Generals, Ombudsman, Constitutional Commissioners, Judges, are not appointed by the President. – This will prevent the Renato Corona, Merceditas Guttierez, Angelo Reyes issue.

    2. AFP Generals can not run for elected office or be appointed by the President within 3 years after retirement. – This will prevent corruption in the military and will professionalize it.

    • pablosantino

      mali ka…kasi pag ang mga yan hindi by appointment, lalong gugulo ang pilipinas,,gagamitin ang mga general, ombudsman ng kalabang pulitiko na kontra sa presidente..ibig sabihin mag kakaroon ng mga coupdetat, at hindi makadiskarte ng maayos ang nasa posisyon sa gobyerno pag hindi nya kasundo ang mga ito..laong gugulo ang pilipinas…

  • Beguine

    This is dumb.

    Why must economic and economically beneficial rules and regulations
    have to be spelled out in the Constitution in order to be according to the 

    What is a Board of Investment for? Set up a functioning and effective 
    Board of Investment as the regulatory body which can set up the rules
    and amend them in the wink of an eye if necessary in line with 
    urgent needs and requirements. 

    Leaving economic interpretation to an old man like Enrile and upstart 
    Belmonte  is asking for lots of trouble and kickbacks! 

    Just an efficient and uncorrupt Board of Investment run and managed 
    by professionals, not politicians, should be the answer. 

  • johnllander

    The future of the Republic should not be decided over a drinking spree. And, enrile is not the Philippines, his mind is not the mind of the Filipinos.

  • johnllander

    Are foreigners asking for a bigger share of ownership?
    After the chacha on economic provisions, will corruption be deminished?  Will poverty be eliminated?  Will the country become developed?

    I don’t think so.

    No to chacha!

    • ern

      foreigners will not ask…. there are many other places they can invest in the world. We just want philippines to be attractive to investors. What I know is that after the changes have been drafted, it will still go to a vote by the people for ratification.

      • johnllander

        If you want the Philippines attractive, you get rid of corruption in the government, private sectors and all aspects of the society. You should change the attitude of the people. It’s not in the constitution but in the people.

  • padrefaura

    kung magkakaroon man lang ng chacha, dapat ilagay na meron nang psychological test ang mga tatakbo para sa presidente…. mahirap nang maulit na me psycho na presidente ulit tulad ni pnoy

    • romulo

      With all the good things he has been doing for the country, I think Pnoy will score high in the psycho test.  Ikaw kaya ipa psychotest for not seein the truth in the country.

    • lolo_Jose

      Midas apo anjan kapa hahaha

  • brunogiordano

    “I will have a smoke with him. If need be, I will also have a drink with him,” he added.


    PANIWALA ako na makukubinsi ni ENRILE si PNOY sa maBOBOTENG usapan.

    CHA-CHA is long overdue.

  • NYPinoy

    No Constitutional change unless you pass the RH Bill first.  How come you think you can manage a Constitutional amendment, which is presumably more difficult than passing the RH Bill which is easier and more important.

  • Palparan

    Mr. Enrile, kung mag inuman man kayo ni Abnoy, do us a favor– lagyan mo na rin ng malathione yung alak ni Abnoy para matapos na problema ng Pilipinas

    • JK1000

      I hope the PSG will trace you, NBI could easily find you. your stupidity and threat to the President is I believe is a credible threat. It’s one thing to criticized a leader of the Country, but when you threaten a President that’s a different  level.

      • marionics

        go for it. i’d like to see that. get your psg connection he he

      • Magsasaka

         puro bunganga lang ang isang iyan huwag mo ng pansinin at isa pa napapaligiran ng PSG ang presidente eh sanay lang pumatay ng walang labang babae ang lowlife a$$hole na yan hehehe

      • marionics

        Malacañang Park, Manila, Philippines
        Contact Persons:
        ACS for Civil Military Operations, G7
        Tel/Fax Nos. : (63)(02)(563-5628)
        AFP Line: 777 – 3007

        Contact Information:
        National Bureau of Investigation
        NBI Building, Taft Avenue, Ermita,
        Manila, Philippines 1000

        Trunkline: 523-8231 to 38
        Fax: 526-1216, 523-7414

      • Palparan

        goodluck na lng sa PSG at NBI kung mahanap nila ako… and speaking of psg, the soldiers there are demoralized because they are made Abnoy’s Personal Security Guards…hahahaha!
        Believe me, kung magka coup d état man, sila ang unang kakalabit ng baril sa baklang mukha ni Abnoy aquino! ….hahahahaha!

    • Crysis_III

      I can trace you du*bass…. We will alert the police in your whereabouts…. Huli kang impakto ka…. Mabuti pa E Nuke mo yung puwit mo para sasabog ang utot na kasingbaho ng bunganga mo….

      • Palparan

        cge, alerto mo na mga pulis at NBI para magka pera ka…hahahahaha!

  • paraluman paraluman

    okay lang cha-cha as long it is for the benefit of the country.

    and infact p-noy for me is not too bad president and still have faith in him that he can do lot of things for the country.

  • hapiman85

    Charter Change is a stepping stone that will eventually lead us to One World Order Government. This socialist dictatorship is a result of integration of countries with parliamentary systems of government and kingdom governments such that a world conspiracy is taking over, stripped off of nationalistic and regional boundaries. The ruling power of One World Order is ruled by extremely powerful and influential group, the world’s wealthiest people, that will dramatically reduce the world’s population to 5.5 billion people. The Philippines is one of the many over-populated countries in the world that will be dealt upon by this evil global government. This is biblical and it’s happening right on our very noses.

  • pangitbudhiko

    I am a filipino by birth and a Canadian Citizen by choice and under the law  of real estate ownership I am entitled to own 1000 square meters of Reals estate property  no more and no less. I donot have a problem with that.
    What Mr. Enrile and Mr Belmonte to is to allow foriegn own company  to own more than a thousand  sqare meters of real estate property and to build and operate manufacturing company on Philippines soil without Pilipino hand on the particularly foriegn compnay. what wrong with the Picture.

    That is totally wrong in Canada here foriegn company cannot built and operate or own  businesses that deal in the exploitation of the natural resources, mining, or energy. of Canada. No foriegn company can take out Canadian intelectual technology like computer engineering to be operated outsdie Canadian soil. Why is Mr Enrile and Mr. Belmonte trying to prostitute Philippines soveriengty

  • JK1000

    I think Enrile wants to protect his interests before he retire, Now he’s son wants to be a Senator. This is just one thing that they want to protect their interest and influence especially in their province Cagayan.

    • JulietoGValmoria

       father shows son the road to perdition

  • brianitus

    quick question:  once they do the Con-ass to do the Cha-Cha, are all revisions still required ratification via plebiscite?

    • marionics

      Section 1. Any amendment to, or revision of, this Constitution may be proposed by:chanroblesvirtuallawlibrary
      (1) The Congress, upon a vote of three-fourths of all its Members; or
      (2) A constitutional convention.
      Section 2. Amendments to this Constitution may likewise be directly proposed by the people through initiative upon a petition of at least twelve per centum of the total number of registered voters, of which every legislative district must be represented by at least three per centum of the registered voters therein. No amendment under this section shall be authorized within five years following the ratification of this Constitution nor oftener than once every five years thereafter.
      The Congress shall provide for the implementation of the exercise of this right.cralaw
      Section 3. The Congress may, by a vote of two-thirds of all its Members, call a constitutional convention, or by a majority vote of all its Members, submit to the electorate the question of calling such a convention.cralaw
      Section 4. Any amendment to, or revision of, this Constitution under Section 1 hereof shall be valid when ratified by a majority of the votes cast in a plebiscite which shall be held not earlier than sixty days nor later than ninety days after the approval of such amendment or revision.cralaw
      Any amendment under Section 2 hereof shall be valid when ratified by a majority of the votes cast in a plebiscite which shall be held not earlier than sixty days nor later than ninety days after the certification by the Commission on Elections of the sufficiency of the petition.

      • coty

         hey thanks!

      • marionics

        no worries mayt

  • GKLer

    NO to cha-cha until all the TRAPOS are gone!!  

    Enrile, Belmonte – why don’t you waste your time on the economy instead?

  • marionics

    what an imbecile. does he not know the president does not drink. buti pa turuan na lang niyang mangagaw ng asawa ng iba hehe

  • regd

    They may convince PNoy, but convincing us, the real judge, is another. As for me, the NO stamp is in my thumb! 

  • Vic

    The 60-40 ratio is a de-facto dummy system that is prone to cronyism. It is also opportunistic to the people in power who approve business proposals of foreign investors on the condition that they will be the 40% partner/dummies even without or very little share in the investment.

  • tarikan

    I am for federal Philippines. Spread out the authority and the regions representation in the senate or might as well abolish the senate and make a unicameral congress. So many flaws in the present “Freedom Housewife Constitution” kuno. PNoy, don’t be that too sentimental to the “FHC” kuno.

    • johnllander

      Are you refering to the Freedom Consitution that was drafted in March 1986 in replacement to the 1971 Consitution and as the basis for the Revolutionary Government?  Please clarify because the Freedom Consitution was only temporary and already supplanted by the 1987 Constitution, which is currently in effect constitution.  Besides, the two are not the same.

      Is the authority under the 1987 Consitution not spread?  Is the Philippines too large to manage like the US so that a federal system is needed?  Or you just want to have more avenue for corruption in putting more government offices as will be required in the federal?  Or you want to have different laws between federal governments, such as in Federal Government of Ilocos will have different laws from that of the Federal Government of Tagalog Region?  Will you not be confused if that is the case?

      Or are just suggesting and talking that you do not know?

      • tarikan

        I’m just being sarcastic, Mr. johnllander. Of course the 1987 consti. is currently the one in force. A federal government and unicameral congress won’t necessarily be more big government. The present regional groupings would make up for the envisioned “state”. Some provincial offices would actually be abolished and duties taken up by the “state”. Representation would be truly regional whereas at present most senators are Metro Manila based. Some senators claim to be from that province by virtue of the connection by their grand parents. Corruption? Whether centralized or federal form, corruption is endemic in the Philippines. The way to beat, I suppose, is in the form of competition which is the federal. Tough luck to those “states” that are laggard in the economic game. Provinces of the present centralized form are more or less mendicants from the powers that be in Malacanang. The next consti should make a provision that “state” laws must not be in conflict with federal laws, otherwise federal laws prevail. There’d be some limitations on what the “state” laws are. There’d be no such thing as Federal Government of Ilocos or Federal Government of Tagalog Region simply because they are a state in a federal government. Their laws would be guided by the constitution. Certain aspects in law making are restricted to the “states” as I’ve said above. Try to learn more on some types of federal forms of government in Europe and also in north America. We shouldn’t be tunnel minded.

      • johnllander

        I don’t think what you think is what others are also thinking.

        In your concept of federal form, you just complicate the structure of government and you just open the government for more corruption. Whatever form you present, the PHilippines will be just the same unless you change the attitude of the people.

  • Fulpol

    60-40 ratio at may reservation pa si Enrile for 100 percent..

    ganyan talaga pag may pinoprotektahang grupo at yun ay ang oligarkiya…

    wala ding silbi…


    … the Devil’s Advocate

    • kindness in kind

      “let the devil take tomorrow, but tonight we need a friend”‘ enrile et al may have their own personal agenda but changes they vowed to effect in the charter can only benefit the country. it is much more preferable than the limbo the country is presently in.

  • coty

    ha ha since they cannot and will not even stipulate or pass the “anti-dynasty bill/law”, they are not to be trusted at all, ever! they will not even rescind the “IPP” provision that guarantees payment without delivery of electricity!

  • Joey

    no, no, no, NO, NO, NO!!!!

    • jclarendo

      Yes, but abolish the PORK BAREL and limit the numbers of congressmen, too many representative I suggest mjust 24 congressmen like the senators. We don’t like to have too many laws which is not enforced anyway.

  • Pedro Mateo

    Common guys! huwag kayong high blood, kayo rin, usapan net lang to. . .

  • Ted Windsor

    government officials with dual citizenship or green cards, once retired they become citizen of host nation (US,Canadian….)
    They are just protecting their hard earned undeclared assets

  • archangel uriel

    i am for charter change while pnoy is the president  of our country ……

    • robrano

       How stupid.

  • Magsasaka

    I wonder what charter change is all about when they cannot implement/execute properly our existing laws.

  • virgoyap

    Enrile is racing with history. If his plan will push through Enrile will again make a remarkable and indelible footstep in history aside from being the Senate President during the impeachment trial. As to whether or not his plan for cha-cha will do good for the country, it will always do good for Enrile’s name. Remember that his son Chito is vying for senatorial bet this coming election.

    • marionics

      di ba jack o jackie yung anak ni enrile? or is chito another of his nicknames?

      • virgoyap

         Will thanks for the correction marionics I’m not so sure also whether it’s Chito or Jackie.

      • marionics

        aaaaaah artista yata yung si chito ponce enrile hahaha

      • virgoyap

        Ah, ganun pala? ha ha ha ha! So it’s jack or jackie….

    • robrano

       And if chacha is enacted after elections, they all will have a long extension in power since the following election will be much later. Pork is the straight way.

  • kilabot

    if it pushes through:
    1) the jpe-belmonte-pnoy meeting will be liken to a dolphy-panchito-cachupoy get-together;
    2) constituent assembly–the likes of tupas,quimbo,umali,banal will make the amendments;
    3) chacha–a quickie in red-district parlance.

  • robrano

    Now it is clear to see why they had to oust Corona. All the blabla about better life is just blabla, because only the rich and powerful will really have profits. What they are telling about improving economy and creating jobs are blunt lies, because it can be done well with the existing charter. It is funny to see that even those who blame problems to foreign influence are now telling that there should be more rights to foreign businesses.
    All what really they  want is the chance to stay longer at their posts in congress and senate by postponing elections to after ChaCha is finished. Nothing than clinging to their pork.
    If BSP would set the peso rate in relation to its diminished purchase power, exports would jump up, tourism and jobs. But they want to export OFWs instead who then have to remit for to protect RP from bankruptcy. As a thank you, OFW families can buy less and less for their remitted money. RP is the only country (administration) where local prices permanent go up while the local currency gets stronger against foreign currencies. Everywhere else at least all that is imported on dollar basis will become cheaper. But here, it only increases the super profits of big business. In rich and healthy economies like now Germany or Switzerland, for example, no business is even dreaming of such profit percentages as here in RP. There, companies grow and get bigger with net profits of 3..5%, here with 20 and more they “have to recover losses”.
    There are billions wasted as Cash Transfer to people whom would be helped much better by using the money for creating jobs, which then also would improve the economy and the tax income of RP. Instead, hundreds of millions go to people who just enjoy free money without working for. With this money and the number of “beneficiaries”, RP could soon improve the lousy infrastructure, instead putting one after one tolway just to Luzon. Unfortunately, Cash transfer is merely a vote buying tool. Of course a “legal one” since it supports the “Straight Path” of a power hungt noynoying Dr. hc Benigno Aquino at Malacanang.
    Welcome ChaCha, good bye Luisita land distribution.

  • Fulpol

    ang purpose ng Cha-cha is to kill the oligarchy…. ang oligarkiyang kontrol ang media, ekonomiya at politika ng Pilipinas… ang oligarkiyang protected ng Cory 1987 Constitution…

    pero sa tono ng pananalita ni Enrile, malabong mangyari ito… may interes din itong pinoprotektahan kasama na ang interes ng oligarkiya…

    Cha-Cha of Enrile at Belmonte… kapulpulan..


    … the Devil’s Advocate

  • joerizal

    Prez Quezon was prophetic when in the 1930s he declared that he’d rather “see this country run like H E L L by Filipinos”. We got what we asked for didn’t we? And look where it got us. A long succession of Filipino “leaders” ensured that Quezon’s phrase rang true  throughout the years. Since the Filipinos’ attempts to develop this country had been a complete and utter failure, it’s high time we lift the ridiculous protectionist laws and let anyone with enough capital to setup and run his business in this country with full control. In case people react negatively to this, check your facts first. Most of the resorts here are owned behind the scenes by foreigners with Filipinos fronting as “majority owners”. Enrile is also obviously putting together his bucket list and cha-cha is high on that list. Brilliant! He chose a legacy that will ensure his name endures in Philippine history.

    • Magsasaka

      who says our country is being run by pinoys?one plain example to contradict your statement – along EDSA truck ban is only for locals, foreign and multi-national companies are exempted from this law, so who’s influence and interest prevail?do you think it is ours?
      we have laws to protect our interest but it’s not being properly implemented or not at all.
      If our country is being run truly by pinoy and not a puppet leader our interest have long been protected, our locals businesses have long been supported, our shoes in marikina have long been subsidized and improved, our ARMSCOR have long been the official arm manufacturer of AFP and PNP.

      • joerizal

        Read my post again. I actually said foreigners are covertly running business operations in this country. It’s the government that’s being run to the ground by Pinoys. There’s so much passion in your reply but not a lot of substance.

      • Magsasaka

        correct, there is only one substance because it all ends to that.

      • joerizal

        I was stating a point in my original post and was hoping you were, too. But I see you can’t hold an intelligent conversation.

      • Magsasaka

         intelligent conversation when you yourself is below average.

      • joerizal

        yeah right.

        “you yourself is” , hahahaha…you crack me up
        It should be “you yourself are”.

      • Magsasaka

        and so that makes you above average hehehe

  • jason

    That’s why we have to bring in new cards, new opportunities which foreign investors can only give us. Kailangan mag Cha-Cha.. Mga traditional investors lang naglalaro dito sa bansa natin e. kaya mamonopolize nila ang negosyo dito. kelangan pasukan ng mga bagong negosyante. mga negosyante na hindi contractual jobs ang maibagay satin kundi regular jobs talaga with all the benefits na dapat sa isang trabahante.. 

  • joboni96

    ’60-40 rule but do not put it in the Constitution … Let it be delegated to Congress’

    ng kumita ang mga congressmen at senador
    for the exceptions

    ibebenta pa bayan natin ulit
    sa mga intsik at dayuhan
    kahit kontrolado na ng mga
    intsik at dayuhan
    ang ating ekonomiya

    ang dapat niyong pagtuunan
    papano magamit ang $18 bilyong per year
    overseas pilipinos remittances para

    1. bumalik sa pilipino ang kontrol sa ating ekonomiya

    2. mabawasan ang pangungutang ng ating gobyerno
    ng hindi 1/3 ng budget pumupunta sa bayad utang

    3. lumaki kita sa interes ng mga ofw’s sa government retail bonds
    imbes na 1% per annum sa mga intsik kastinoy dayuhan banks

    4. pampondo sa mga mega projects
    para hindi mga intsik kastinoy dayuhan ang nakikinabang at may kontrol sa mga ito

    laki johny
    huwag naman legacy mo
    pagbebenta ng ating ekonomiya sa mga
    intsik dayuhan kastinoy

  • Third

     If it’s up to you, then forget it, Mr. Senate President. People, let’s
    put an end to Enrile’s legacy. Do not vote for his son. Other than the
    impeachment case, exactly what have the Enriles done to help the country
    move forward?

  • joanne

    good luck mr. senate president.. CC is about time

  • tantra101

    On the issue of 60-40 ownership of a company in the Ph that some want revised…the foreign investor has other choices… why not explore being classified as a branch office? Does the 60-40 rule still apply for branch offices? They can still do business here and internationally…

    There are two sides to this 60-40 scheme… I myself am having trouble which is better… allow 100% foreign ownership or stay with the 60-40 rule, along with all the “diskarte” of pinoys partnering with the foreigner with the real capital. Kasi nga hindi kaya ng maraming kapitalistang pinoy ang 60% na yan, konti lang ang naka-afford…ergo…semblance of an oligarchy then monopoly, then substandard working conditions,products and services etc… Sa
    100% naman syempre alam na natin ang takot ng marami dyan…since most Pinoys would rather be employees than risk in business…baka naman daw puro foreigner na ang mag-may-ari sa Pilipinas

  • 8284

    My God sir. Wag na ngayon, wala pa investor, bago na namn rules.
    Wala kayo gagawin?

    1. Anti dynasty law
    2 repeal pangilinan law on teenagers commiting crimes
    3 more severe penalties for law enforcers commiting crimes
    4 new court for petty crimes ,wala na niloloko pinagsasamantalahan pa.

    Mga sir , 5,000 propose laws are pending……declogged please.

    Use your head. Konting sipag.

    Dyan na mga Intsik…bilis po.

  • Allan Manabat

    If you are to change minority foreign ownership, make sure, we don’t become slaves in our own home country … like in 2008: when our farmers in Del Pilar, Isabela were forced to lease their land to Taiwanese & Japanese investors for P 5,000 a year, instead of the initially promised P 20,000. From now on, they had to work like carabaos for P 100 a day on former property without (the promised) gloves & breathing protection. Foreigners were supported by (corrupt) barangay captains & political clans ( =large landowners), courts & military.
    China with its command market system has even stricter rules regarding foreign ownership, and yet, it has emerged to a powerhouse. What investors are really looking for is STABILITY: legal certainty, low inflation /red tape & intervention by the government /wages/ energy costs … highly qualified research scientists, state-of-the-art technology & infrastructure … and promising sales opportunities. … Before changing the fundamentals & selling ourselves to business minded foreign investors, we should first try to improve above listed.

  • kindness in kind

    to all who are opposing charter change based on fears imagined or real, let us take comfort in the fact that any amendment that will be proposed will be exhaustively debated and scrutinized by a vigilant public. let us not underestimate people power that was able to unseat past presidents and a chief justice. 

    “there is nothing to fear, but fear itself” – churchill 

  • 88Cindy

    It would be self serving for the lawmakers to do this.
    Lawmakers with delicadeza would surely oppose this.
    Those proponents of this charter change are thinking of their own benefits.
    They have been in the government since long time ago, even during the Marcos time. yet they failed to improve quality of lives of the Filipinos. We lagged behind our neighboring countries because of their “bright ideas” and “leaderships”. The rich became richer. and Politicians became richer, too. Yet the poor became poorer. The middle income people become poor.
    Now these politicians are at it again. They want to ensure that rich and influential people can continue with their greed.

    Let us not allow this anymore.
    Huwag na po nating payagan ito.

  • MindfulofToday

    Marame lng talaga karamigan dito pag mag cocomment tila lang mga tanga, super.

    >Magiging slaves daw tayo kung gagawing 100% ang foreign ownership.
    >Legacy daw kuno, ni Enrile (parang tanga lng)
    >Wala daw investors (bobo ka kuya? o sadyang tanga lng sa nangyayari?)

    Pustahan tayo, karamihan ng putak ng putak na as if marameng alam dito, hindi alam ang basic flow of economics.

    Obvious eh, magiging slaves daw tayo, legacy daw ni Enrile at wala daw investors? parang tanga lng~

    Para sa mga layman, ganito lng yan, Ang Japan ba naging slave? 100% ang foreign ownership doon.

    Ang South Korea ilang bese inamiendahan ang constitution nila, legacy ba ito ng isa pulitiko sa kanila? Mahirap pa rin ba ang South Korea?

    At isa pa, kaya nga gagawing 100% ang Foreign ownership sa Pinas kase nga ang 60-40 rule nakaka discourage sa kanila na mag invest dito sa atin. Ikaw ba gusto mong mag tayo ng building na ikaw mismo ang nag bayad tapos 60% ng magmamay ari nito hindi mo kilala at mga walng binayad?

    Kaya nga puro BPO lng ang meron ang Pinas, kase mura lng ang bayad. Walang pake ang investors na hindi sila ang may ari ng buo basta ang importante mura ang bayad sa mga call center agents at highly competent sila. Kaya nga naunahan natin ang India sa Call centers eh, kase duon may 100% ownership ka nga, mahal namang ang sweldo at tagilid pa ang Ingles nila. 

    O naintindihan nyo na?

    Parang tanga lng talaga karamihan ng mga tao ngayon.

    • magiting78

      Tama madami nag mamarunong, hnd pa man na ilalatag ang argumento andami n agad kontra. Parang pagluluto ng pagkain binabalatan mo pa lng yung sangkap ayaw n ayad kc daw mapait ang lasa. Actually hnd sila mga tanga sobrang talino nga eh, wala paman eh alam n agad nila kalalabasan. Ang sa akin naman dapat na ba talagang baguhin, baka namn hnd pa natin lubos n na pag aaralan ang buong constitution ay babaguhin n agad natin, ito na ba talaga ang huling solusyon, baka meron pa naman ibang means para mapaunlad natin ang bayan. Cguro dapat ma involve ang lahat ng sector, makilahok sila sa deleberasyon, ilatag nila ang kanilang argumento at mga solusyon. Ang mahirap kasi sa atin kontra tayo ng kontra wala namn solusyon na inilalatag.
      Kung ang sinasabi ni Sen Meriam hnd ang konstitusyon ang problema, kundi ang kurapsyon, ano ang solusyon nya para mawala ang korupsyon sa lahat ng atas ng pamahalaan.

  • bert

    No need to change. The foreigner can provide extend capital investment even beyond 40% by way of lending and not ownership. The foreigner can make leading commands as may be provided by lending conditions but not to own 60%. Hanggang 40% lang yan. They can earn money through lending even beyond authorized capital stock….but not own the firm or corporation beyond 40%

  • Lopez_Chaena

    Decentralize and give autonomy to Regions.

  • magiting78

      Hindi ako tutol sa pag babago ng saligag batas, pero dapat naba talagang baguhin? Wala na ba talagang baguhin? Enrile and Meriam are both constitution expert, who among them is correct?
    Kung sabi ni Meriam hnd ang konstitosyon ang problema, kundi ang talamak n korapsyon sa lahat nang antas ng pamahalaan, ano ngayon ang maihahain nyang solusyon? Sa tingin ko hnd dapat tayo lahat puro kontra, dapat lahat ng sektor makilahok, at mag latag ng mga karampatang solusyon sa mga problema, at timbangin ang mga suhestyon.
      Ang mahirap kasi sa atin kontra tayo ng kontra wala naman tayong maibahaging solusyon, sa mga mambabatas ang akin panawagan naway itong saligang batas, at pagawa ng mga batas ang inyong trabahuhin wag ang mga kalsada, basketball court signboard at kung ano ano pa, na hnd namn kagyat ang pangangailangan sa mga ito. Sa halip yung mga Prokbarel nyo ay ipaubaya nyo muna sa AFP ng saganun lumakas naman kahit konti ang pustura ng ating AFP.Yung mga ipinapagawa nyong mga straktura ay ipaubaya nyo n lng sa mga lokal n pamahalaan nagiging redundant po ang mga function nyo. Sila po ang mas nakakaalam kung ano ang pangangailangan ng kanilang nasasakupan.

  • pangitbudhiko

    no need to change the entire constitution, just amend what is no longer relevant, and then present it to the people, less money spent, less man power spent..

    The United States constitution was written in 1787 and has undergone only 27 amendments. The US Consitution has been around for 225 years and only 27 amendment. And Philippine contitution was written in 1986 after 26 years gusto ng palitan ang buong constitution, what’s wrong with the picture. .

    • kindness in kind

      hindi ang buong constitution sabi ni enrile just the economic provisions. what s wrong is your conclusion

      • pangitbudhiko


    • Francis81

       No need to change the Constitution, change the pweesident na lang!

      • pangitbudhiko

        dude you hit it right on the head. And a very good idea. Change abnoy

  • 711sense

    If there is any change or amendments to the constitution, it should be fully transparent and explained to the people and be open to debates so that the people will know the good and bad of it. Once it’s done, it should be voted by the people. Having congress play with the intent of the constitution is dangerous. Look what just happened, the constitution clearly states that only one member from congress is going to be in JBC but the two so-called “delegates” from congress wanted two members and two votes and they have the backing of both houses in congress. even the minority didnt say anything about their stand. Too much politics creates huge problems…. anywhere and everywhere.

  • Leonardof

    There could be a need to amend the constitution in order in order to strengthen the pillars of political, socio-economic and cultural hegemony of the Philippines. In the case of the political system, the six year term is either too long or too short, too long for a bad president or too short for a good president. Perhaps, returning to the old system of four-year term with reelection is better than the six-year term without reelection.
     Another amendment that is necessary is the abolition of the party-list in the Congress, and that not all the cities will have its elected representative, or, that only the mega cities will have at most two representatives. For a small and poor country such as ours, it is surprising that we have more than half the number of congressmen than that of the United States of America, whose land area is 50 times that of the Philippines and has 425 members of the Congress. It is also absurd that a group, or any  association  have to be represented in Congress when in fact tfhier individual members are  already being represented by the representative from their district..

    There is a need also to reduce the number of the associate justices of the supreme court from 12 to 7. The US supreme court has only 9 including the chief justice.

    Substantial savings in government expenses will surely result if the above amendments are made in the constitution.

  • Francis81

    Kuhang kuha ni Manong Johny ang kiliti ni Pweenoy, makipag inuman daw siya kay Pweenoy.  Kulang pa yan makipag yosi, barilan, at  babae ka pa para maging KKKK ka na rin. Kaya lang baka bumigay ng tuluyan ang naaagnas mong katawan.

  • Garote

    Entrile: Noy, it’s payback time. The foreign bankers and TNCs who financed for our election campaign expect us to fulfill our part of the bargain.

    Pi-Noy: Our bargain was to sell out our country and people through cha-cha allowing foreigners to acquire 100% ownership of our lands and natural resources, am I right?

    Entrile: Yah . .  right.

    Pi-noy: That means these foreign bankers and TNCs will own  everything – in fact, the whole Philippines and its inhabitants. They have already bought everything, it’s just a matter of
    formalities, transferring the whole country to them in black and white officially, after cha-cha.

    Bellmonte: Well, a deal is a deal. We have to sell our country with all the lands, minerals, waters,
    trees . . . the whole Phil.  We’ve made a Faustian bargain, remember? We are honorable men.

    Pi-noy, Entrile, Bellmonte (in chorus): One for all, and all for one! We the three political stooges!

  • lukecowboy

    sama na rin ang pag walang bisa ng gatasan ng bayan ang pork barrel katumbas yan ng corruption kung tatalakayan din ang cha-cha  pork barrel can be use in many ways like building our self defense marami na yan mabibili na fighter jet at barkong pandigma . sana i amend ang batas alisin na ang pork barrel

  • Rolly257

    If we leave to the hand of Congress the 60-40 ratio ownership, we should start calling Philippines Chipnese.

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