Encouraged by the country's record-setting foreign direct investment (FDI) inflows in 2017, Senator Win Gatchalian stressed anew the need to remove legal restrictions that continue to hamper foreign investors seeking to pump money into the Philippine retail trade industry.
On the heels of a glowing report which crowned the Philippines as the "best country to invest in," Senator Win Gatchalian asserted that the country's dubious distinction as the "sick man of Asia" will soon be a thing of the past.
Senator Win Gatchalian is championing a four-step "counter-inflation agenda" to combat the impact of rising commodities prices on impoverished and working-class Filipinos.
The Senate Committee on Economic Affairs, led by Senator Win Gatchalian, will look into the effects of rising inflation, with the aim of identifying immediate government actions that can be taken to mitigate the effects of rising prices on the wallets of Filipino consumers.
The Senate has approved on third and final reading a bill which will allow mobile users to switch between network providers without losing one’s own “digital identity”.
Senator Win Gatchalian called on the Overseas Workers Welfare Administration (OWWA) to craft a comprehensive plan to reintegrate more than 10,000 Overseas Filipino Workers (OFWs) who are expected to be repatriated from Kuwait following the Duterte administration's decision to implement a complete ban on the deployment of OFWs to the Middle Eastern country.
Senator Win Gatchalian urged the government to immediately implement countermeasures to soften the blow of rising inflation on underprivileged Filipinos, warning that inaction could result in growing hunger rates across the country.
Senator Win Gatchalian is pushing for the removal of barriers of entry for foreign firms in the retail trade sector that would boost foreign direct investment and develop a more progressive investment climate in the country.
Senator Win Gatchalian has filed Senate Bill No. 1643, also known as the “Network Freedom Act”, a measure which prohibits mobile telecommunications companies from locking their mobile devices, whether sold as a unit or under a service contract, to their respective networks.