Senate to prioritize bills encouraging entrepreneurship, competition

1:49 pm | Monday, July 23rd, 2012

MANILA, Philippines – Senate President Juan Ponce-Enrile on Monday said the Senate will prioritize two business-related bills; one will prohibit and discourage mergers that promote anti-competitiveness in the market while another is meant to harness local entrepreneurship.

Speaking before the Senate during the resumption of the 15th Congress’ third regular session, Enrile said they will prioritize the passing of Senate Bill 3098 or the Competition Act.

“In order to protect our people, we must ensure that prices dictated by the market and not fixed as a result of any corporation’s control over the quantity of products produced. We must not allow colluding firms to divide businesses solely among themselves. Nor should we permit them to abuse their dominant status by artificially creating barriers against other firms who want to do business,” Enrile said in his speech.

“Furthermore, we believe in improving our country’s capacity to create good and services. If our country is to ride the crest of an economic boom, we must eradicate practices that make us passive consumers of the world market,” he added.

On the other hand, local businessmen should likewise be protected hence the need to immediately pass on third reading Senate Bill 3071 or the Philippine Design Competitiveness Act Of 2011 filed by Senators Manny Villar and Teofisto “TG” Guingona.

“We should be on the look-out for the genius of the Filipino entrepreneur and ensure that he is able to enjoy the economic benefits that can be derived from his creation,” Enrile said.

Meanwhile, the Senate will also approve on third reading Senate Bill 2842 or the Intellectual Property Code, which seeks to elevate the Department of Trade and Industry’s copyright section to a servicing bureau or the Bureau of Copyright, under the Intellectual Property Office.

“The creation of the Bureau of Copyright will facilitate the immediate resolution of cases involving issues on copyright, licensing, and collective management agreements,” Enrile said.

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Tags: Competition Act , Entrepreneurship , Personal finance , Senate President Juan Ponce-Enrile , Senate priority bill

http://profile.yahoo.com/JKS7Y3WBUOJPOMTYPCRXSKW7KM Franzeline Perdubal

Filipino= Citizens
Pilipino = Language
asusina

A few days ago, it was reported that the Bangko Central pledged $1 billion to help the IMF stabilize the global economy. Hopefully the Philippines can offer more loans to other nations on the condition that the loans are used to buy goods and services from Philippine businesses. It would be good if the global demand for Philippine made products and services would grow, creating more jobs and business opportunities for Filipinos. God bless the Philippines!
kismaytami

Oy, disagree si henry ‘tsekwa’ sy sa ganyan.

digarch

wow, what an uneducated comment, you make all the pinoys so proud

whyinthisworld

Sen. JPE is right, let’s encourage capable pilipinos to save money, like thailand, vietnam, indonesia and japan. They save money and even prepared for their education, retirement and life accident thru insurance company whom can be trusted. When the need arises you do not have to cry and seek financial help from your relatives and friends because having policy, you are protected.

http://alasfilipinas.blogspot.com/ Pepe Alas

It should be “Filipinos”, not “Pilipinos”. Regards.

whyinthisworld

hehehe I like it. you are right but sometime our brain seems to deal and concentrate more on points rather than be conscious on inadvertent defect on composition or whatever.
http://alasfilipinas.blogspot.com/ Pepe Alas

No problem. And I don’t mean to offend, my friend. =)
whyinthisworld

no harm amigo next time I will be more careful. Sabi nga don’t let yourself be carried with emotion to make the right things. thanks.
http://alasfilipinas.blogspot.com/ Pepe Alas

By the way, I agree with what you said about saving money for the future. We should encourage a culture of saving and entrepreneurship, not a culture of spending. =)
whyinthisworld

Will it depend upon your option on what particular line you have to take. On entrepreneurship you need money to start business. Do you think it’s wise to put up hard earned money to venture at present? On saving, you still keep your money and expect return with interest. I myself invest with pru-life with good return of investment.
digarch

Why isn’t it PHILipino, since we live in the PHILippines. Or we should call it the FILippines? Just saying :P
http://alasfilipinas.blogspot.com/ Pepe Alas

“PHIL” and “ippines” are taken from English. “FIL” and “ipino” are Spanish. I seriously wonder why you weren’t able to figure this out.
digarch

No, I know their etymologies. But given the fact the term Philippines is in English, and the term Filipino is in Spanish just proves my point, you’re correcting whyinthisworld’s use of the term Pilipino, where in fact it is a correct Tagalog term for the citizens of Pilipinas. So my point is, if you were to be so anal to point out the use of Filipino instead of Pilipino, then we should be more anal by changing our country’s English term to Filippines/Filipinas or our nationality’s English term to Philipinos. I seriously wonder why I have to explain myself to this extent for you to figure this out.
http://alasfilipinas.blogspot.com/ Pepe Alas

Pilipino is a Tagalog word. Really. Anyway, I strongly advise you to first research on the origin of the term Pilipino. Once you find this out, then you can argue with me. If you’re having a hard time, come back to me so that I will be able to assist you. Regards.

http://profile.yahoo.com/JKS7Y3WBUOJPOMTYPCRXSKW7KM Franzeline Perdubal

We also have to make sure doing business or establishing new businesses are easier. Our local laws hinder us from moving forward and in turn being used by government officials and employees as a way to make money for themselves.

Dapat ipagbawal na ang Bureau of Fire Protection na magbenta ng Fire Extinguisher na may patong.

Dapat matitinong CPAs lang ang magtatrabaho sa BIR. Nampu tsa daming kawatan dyan.

Dapat mas madali ang pagkuha ng building permit at nang lumago lalo ang ekonomiya.

Dapat wala nang Ruffy Biazon sa Customs kasi parang lalong lumala.

Dapat ipatupad ng tapat ang tuwid na daan.

http://alasfilipinas.blogspot.com/ Pepe Alas

“Dapat wala nang Ruffy Biazon sa Customs kasi parang lalong lumala.”Please expound further. Thank you.

http://profile.yahoo.com/JKS7Y3WBUOJPOMTYPCRXSKW7KM Franzeline Perdubal

How do you understand it? It was in plain Pilipino.
http://alasfilipinas.blogspot.com/ Pepe Alas

Why don’t you just answer my request for you to expound your accusation?

Answer: you simply just couldn’t.
http://profile.yahoo.com/JKS7Y3WBUOJPOMTYPCRXSKW7KM Franzeline Perdubal

If this was a court, yes sir! Tao ka yata ni Corrupt Ruffy. I would understand that.

The burden of proof is not on me Mister. Explain to me why the Bureau of Customs is still rated as the most corrupt among agencies even with the assignment of Biazon as its head. If he can clean up that rotting agency, i will campaign for him for the rest of my life.

It’s either he’s corrupt or plainly ineffective.
http://alasfilipinas.blogspot.com/ Pepe Alas

No, I don’t even know how this Biazon guy looks like. I think you don’t get it. I am simply asking you how did you know that Customs got worse when Biazon took over so that we people who are not in the know will be enlightened. So why the heck should I explain that the Bureau of Customs is “still rated” as the most corrupt among government agencies in the country? You seem to know more than any of us here, so that’s why I’m asking you to explain. Unfortunately, you couldn’t seem to do it. All you do is accuse here, accuse there.

If you observe my comment properly, you should be able to notice that I am actually clamoring for a more responsible net commentary. You don’t seem to be a responsible netizen because all you do is accuse.

FYI: I am not a P-Noy fan. So don’t overreact. And if you can’t justify your accusations, better be quiet. Right?
http://profile.yahoo.com/JKS7Y3WBUOJPOMTYPCRXSKW7KM Franzeline Perdubal

Pepe, we are in the business of shipping and logistics and we know why the Bureau of Customs is getting worse.

Sorry, I am not explaining to you anything for Biazon. Find out for yourself if you are intelligent enough.

As I have said, if this was a court, i will lay all the documents out.
http://alasfilipinas.blogspot.com/ Pepe Alas

Being intelligent has nothing to do with this topic. You are merely swerving. Anyway, you are correct; we are not a court of law. Therefore, all your accusations will remain mere accusations, and it doesn’t even matter if you’re in the shipping business or not; you are making a fallacy here called “appeal to authority”. All I’m asking you and everyone else is to be responsible with the commentaries that you leave in various websites. If I say that P-Noy is a useless president, I will back up my words in a scholarly manner, not in a way that will make me sound like a “skwating” who learned how to use the internet for the very first time.

By the way, now that you mentioned it, I am in the shipping business as well. But rest assured that I’m no Biazon supporter. As a matter of fact, I am not a supporter of democratic politics. But that’s another story.

Have a great day, ma’am.
http://profile.yahoo.com/JKS7Y3WBUOJPOMTYPCRXSKW7KM Franzeline Perdubal

Pepe, that’s the beauty of our freedom of expression. You make the corrupt defend themselves in public. We were repressed for nine years under GMA and i swear, I’ll be totally hopeless if teh same brand of people will lead us on.
http://alasfilipinas.blogspot.com/ Pepe Alas

Freedom of expression has its limits. Freedom is power. And nobody has the right to abuse that power.

kismaytami

Dapat higpitan ang immigration law laban sa mga tsekwa na pinapatay ang negosyo ng mga tunay na Pilipino.

kalpana ganesan

Informatics Outsourcing is an Offshore Intellectual Property Services company. They are providing Intellectual Property services for Bio Technology, Biochemistry, Drug Discovery, Chemistry, etc
pilipino

Sen. JPE, why don’t we require ENTREPRENEURSHIP and FINANCIAL LITERACY be taught in our elementary and high school curricula, so this be ingrained in the minds of our kids as they grow up and influence them early on in life to have a bias in becoming entrepreneurs. If only 10% of our population can become entrepreneurs in the next 2-3 years, that’s 9.3 million new entrepreneurs creating new jobs and generating goods and services, thus creating more value to our economy.
tanga_hanga_ni_abnoy

marami kaming idea na magaganda kaso namamatay dahil s smuggling
les21reago

Go AHEAD JPE….Please do more SERVICE to the country…I certainly believe that ALL now matters for you is for the WELFARE of the country and its people…ALSO do something about the EPIRA Law…The cost of electricity is now over killing JUAN….More Power to you JPE you are my HERO, truly maka PILIPINO…Happy ako sayo.

Senate to prioritize bills encouraging entrepreneurship, competition

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