Retail trade liberalization to propel FDI surge to greater heights
Encouraged by the country’s record-setting foreign direct investment (FDI) inflows in 2017, Senator Win Gatchalian on Tuesday stressed anew the need to remove legal restrictions that continue to hamper foreign investors seeking to pump money into the Philippine retail trade industry. “While the record-setting FDI numbers from 2017 are impressive, they pale in comparison to what we […]
On PH investment ranking – “Sick man of Asia” nearing “full recovery”
On the heels of a glowing report which crowned the Philippines as the “best country to invest in,” Senator Win Gatchalian on Tuesday asserted that the country’s dubious distinction as the “sick man of Asia” will soon be a thing of the past. “Over the past few decades, the Philippines came to be known as the ‘sick […]
Gatchalian champions counter-inflation agenda
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. January 2018 inflation was recorded at 3.95%, the highest January inflation rate since 2014 (4.24 percent). Among basic goods and commodities, food and non-alcoholic beverages were registered as having the second-largest inflationary increase […]
Gatchalian to lead Senate probe on rising prices
The Senate Committee on Economic Affairs, led by Senator Win Gatchalian, will convene on Monday the top economic managers of the government and members of the academe to 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 […]
Senate approves the Lifetime Cellphone Number Act on third reading
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”. Senate Bill No. 1636, known as the Lifetime Cellphone Number Act, provides mobile users with the option of keeping their existing mobile numbers even as they switch networks […]
Win to OWWA: Craft reintegration plan for Kuwait OFWs
Senator Win Gatchalian on Wednesday 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. […]
Gov’t urged to counter rising inflation
Senator Win Gatchalian on Friday 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. “Rising inflation is strongly correlated to increasing hunger prevalence among poor and near poor Filipino households,” said Gatchalian, the chairman of […]
Gatchalian wants to boost foreign direct investment in retail trade
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. Under his Senate Bill No.1639, the existing equity and capitalization requirements under the Retail Trade Liberalization Law (RA7042) shall […]
Win nixes lock-in practices of mobile devices in new bill
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. Typically, the mobile communications service contract between the service provider and the mobile […]
