Businessmirror july 29, 2017

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House to widen list of industries that require legislative franchise

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By Jovee Marie N. Dela Cruz

Congress will remove the regulatory powers of the Philippine Amusement and Gaming Corp. (Pagcor) over casinos. “The regulatory framework is chaotic, full of overlaps, conflicts of interests and, at times, there is no clear central regulatory body. Let’s start off with Pagcor. It does not make sense for it to regulate and operate. An entity that has this power runs the risk of dealing itself a favorable hand while undercutting others,” he added.

he House of Representatives is now finalizing bills requiring mining companies, gaming firms and public-transportation operators to secure legislative franchise from Congress prior to their operation. House Committee on Legislative Franchises Secretary Portia Silang said the committee has already submitted several bills, as well as policy studies, on these measures to the office of Speaker Pantaleon D. Alvarez. “Policy studies and draft bills of the committee pertaining to the comprehensive mining act, railways, gaming have already been submitted to the Office of the Speaker for [them to review and file],” Silang said in an interview with the BusinessMirror. Besides mining, gaming and public transportation players, House Committee on Legislative Franchises Chairman Franz Alvarez of the First District of Palawan said his committee is also creating a checklist for the various industries to secure a franchise from Congress. “Additional details are being

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fleshed out. We have to translate that into policy, into a set of legislative rules, for clarity and easy compliance, because you have a different set of checklist for the various industries, which will have to secure a franchise. The lawyers are working on these and other legal matters,” the lawmaker from Palawan said in a text message.

Target industries

Last Monday Speaker Alvarez said the lower chamber will prioritize the passage of measures requiring gaming, public transportation and mining companies to secure a legislative franchise from Congress. T he bi l l requ ir ing leg isl at ive f ra nc h i se for operat i ng railways is now included in the common leg islative agenda of the both houses of Congress.

congress plenary hall nonoy lacza

T he t a rget approv a l of t h i s measure is bet ween Januar y and March. “Let us complete the reorganization by adding a safeguard mechanism that will make certain that the public’s interest will always be protected. This

w i l l ma ke cer tain that their appl ic at ion s a re sc r ut i n i z ed d e e p l y. O n l y t h e d e s e r v i n g will be allowed to operate,” the Speaker added. On mining, Alvarez said, the bill requiring mining companies to secure legislative franchise

and subjecting mining companies to congressional oversight is included in the Lower House priority measures. The Speaker said the bill will also require mined ores to be processed or semiprocessed within the Philippines. Alvarez also said

During his second State of the Nation Address, President Duterte warned mining companies that the government is preparing a new legislation on mining. Meanwhile, the so-called Magnificent 7 of the lower chamber asked Congress to let environmental experts and professionals handle the issues on mining. “The issue of mining permits and environment must be left to the able hands of experts in the field of mining and environment, professionals educated and well-experienced civil servants. Congress dipping its hands on supposed to be technical and financial documents would be a big mess. What Congress must do is to study and amend the mining law,” Rep. Edgar R. Erice of the Second District of Caloocan said. Continued on A2

Lorenzana admits failure to appreciate intelligence reports on Marawi City By Rene P. Acosta

W

hen loc a l a nd foreig n ji h ad ists f rom the Maute Group and the Islamic State (IS) occupied Marawi City, they came ver y much prepared for a colossal bloody fight with government forces, a c h a l lenge t h at t he militar y may be hard-pressed to deal with until now. According to Defense Secretary Delfin N. Lorenzana, soldiers involved in the operations have also been using nontraditional combat weapons, notably sledgehammers, just to be able to break through into the terrorists’ positions and clear them.

The President has warned us that the ISIS is coming. Our neighboring countries Malaysia, Indonesia and Singapore had also warned us that fighters are infiltrating through the southern boarders going into the southern Philippines. But, for some reasons, for the longest time, I think the Armed Forces were in denial of this fact.”—Lorenzana

Continued on A2

PESO exchange rates n US 50.5460 n japan 0.4545

Philippine soldiers ride in miliary vehicles as they leave a military camp to reinforce troops fighting Muslim extremists in the city center in Marawi, on the southern island of Mindanao, on May 25. Philippine troops aboard helicopters and in armored tanks battled Islamist militants inside a southern city on May 25, as reports emerged of the gunmen murdering civilians. AFP/TED ALJIBE

n UK 66.0485 n HK 6.4725 n CHINA 7.4984 n singapore 37.1935 n australia 40.2498 n EU 59.0276 n SAUDI arabia 13.4797

Source: BSP (28 July 2017 )


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