Another business group joins opposition to Cha-cha

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The Financial Executives Institute of the Philippines says it is 'strongly opposed' to lawmakers' move to pursue Charter change while the country is still grappling with the pandemic.

"strongly opposed" to lawmakers' move to pursue Charter change while the country is still grappling with the pandemic.

"Having said that, we are strongly opposed to any initiative at this time to amend the Constitution. It is akin to undertaking house renovation while the family struggles to pay for the food, basic education, hospitalization expenses, and other basic necessities badly needed by the family." FINEX also asked President Rodrigo Duterte to sign into law the Financial Institutions Strategic Transfer Bill .

"This should be done in a deliberate and careful manner that will continue to make the Constitution withstand various economic interests but especially the test of time," PCCI President Benedicto V. Yujuico was quoted as saying in the statement.

 

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The rail link is expected to be completed by 2024 - 2025.

Now its clear, THE CALL OF ECONOMIC CHARTER CHANGE is connected to the new rail link to be funded by China from SUBIC to CLARK .It seems a precondition w/c would make it possible for majority owned China cos. to move in these prime areas and access our best ports and airport.

Buti naman may mga pumipiyok na. Sana dumami pa.

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