STATE OF THE NATION: PAGTALAKAY SA RBH 6 CHA-CHA | PART 3

GMA Integrated News
GMA Integrated News
  • 7 months ago
State of the Nation is a nightly newscast anchored by Atom Araullo and Maki Pulido. It airs Mondays to Fridays at 10:30 PM (PHL Time) on GTV. For more videos from State of the Nation, visit http://www.gmanews.tv/stateofthenation.

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Transcript
00:00 [VIDEO PLAYBACK]
00:02 - [NON-ENGLISH SPEECH]
00:17 - We will not be falling into a trap on any deadline.
00:22 It cannot be rushed like any regular bill that is just
00:28 approved without thinking.
00:30 - [NON-ENGLISH SPEECH]
00:57 - [NON-ENGLISH SPEECH]
01:10 - [NON-ENGLISH SPEECH]
01:19 - I'm in favor of removing some, if not all,
01:23 of the restrictive economic provisions.
01:26 Economic provisions, economic policies
01:29 should be flexible to meet changing times in the economy.
01:34 - There is absolutely no mention of any charter change
01:39 in the Philippine Development Fund 2023 to 2028.
01:43 - Amendments to or revision of the Constitution at this time
01:48 would be a lethal experiment, a fatal hit.
01:54 - If plans to death, a leap to hell,
01:59 it would be cha-cha dance to the grave or to hell.
02:02 - [NON-ENGLISH SPEECH]
02:10 - We have much more foreign investment,
02:12 but much less development.
02:13 Because the problem is not lack of foreign investment.
02:16 The problem is a lack of vision for industrial development.
02:19 - [NON-ENGLISH SPEECH]
02:22 - [NON-ENGLISH SPEECH]
02:36 - [NON-ENGLISH SPEECH]
02:46 - [NON-ENGLISH SPEECH]
02:56 - [NON-ENGLISH SPEECH]
03:05 - [NON-ENGLISH SPEECH]
03:14 - [NON-ENGLISH SPEECH]
03:27 - [NON-ENGLISH SPEECH]
03:34 - [NON-ENGLISH SPEECH]
03:40 - [NON-ENGLISH SPEECH]
04:01 - [NON-ENGLISH SPEECH]
04:16 - [NON-ENGLISH SPEECH]
04:25 - [NON-ENGLISH SPEECH]
04:50 [WHOOSH]
04:51 [WHOOSH]
04:52 [NON-ENGLISH SPEECH]
05:11 - There appears to be a lack of understanding
05:14 by our national leaders of the extent of foreign ownership
05:17 under the law of businesses in our country.
05:20 [NON-ENGLISH SPEECH]
05:30 - [NON-ENGLISH SPEECH]
05:34 - We have made great strides in the past years
05:36 liberalizing our economy without compromising
05:41 our national security or leaving behind Filipino businesses.
05:45 - [NON-ENGLISH SPEECH]
06:07 - There is a negative correlation between FDI performance
06:11 and these regulatory restrictions.
06:14 And of course, the more open you are, the higher the FDI inflows.
06:21 - [NON-ENGLISH SPEECH]
06:26 - The removal of economic restrictions
06:28 would facilitate increased foreign direct investment
06:31 in sectors where such investment is currently restricted.
06:35 - [NON-ENGLISH SPEECH]
06:39 - We got some calls from some of our members
06:44 following the news and the political debate
06:46 about how this might unfold.
06:50 There is some uncertainty out there, yes.
06:52 - [NON-ENGLISH SPEECH]
07:03 - We need to do this now.
07:05 And we can't waste time when it comes
07:07 to amending our constitution.
07:10 - After the Senate acts and the House will meet,
07:16 and assuming we agree in everything,
07:19 [NON-ENGLISH SPEECH]
07:20 - You're talking about 2027 and 2028.
07:25 And we all know by 2027, 2028, everybody's
07:28 preparing for the presidential elections.
07:30 - [NON-ENGLISH SPEECH]
07:40 - [NON-ENGLISH SPEECH]
07:41 - I'm really not part of PIRMA, not organizationally
07:56 or a member of it.
07:58 My role is really as an advisor on constitutional reform.
08:02 - [NON-ENGLISH SPEECH]
08:03 - [NON-ENGLISH SPEECH]
08:05 - It's just problematic to me because I actually
08:22 have the transcript of Mr. Oñate's testimony
08:24 during the last hearing, during which he said,
08:26 [NON-ENGLISH SPEECH]
08:27 - [NON-ENGLISH SPEECH]
08:56 - For additional information of the committee,
08:59 our contributors were also invoking their right
09:03 to privacy.
09:04 - [NON-ENGLISH SPEECH]
09:06 - [NON-ENGLISH SPEECH]
09:07 - [NON-ENGLISH SPEECH]
09:08 - [NON-ENGLISH SPEECH]
09:10 - [NON-ENGLISH SPEECH]
09:11 - [NON-ENGLISH SPEECH]
09:39 - Donors should reveal themselves,
09:42 unless [NON-ENGLISH SPEECH]
09:44 - [NON-ENGLISH SPEECH]
09:45 - In fact, PIRMA no longer exists as of February 10, 2004.
09:55 Is that correct?
09:57 - Their certificate of registration
09:58 has been revoked since February 10, 2004.
10:02 Since the time of their incorporation,
10:03 they have not submitted any reportorial requirements
10:06 with the SEC.
10:08 According to the SEC, the incorporation
10:10 was not included in the group of signatures
10:12 of Oñate and Abad.
10:14 Oñate's lawyer insisted that the corporate registration
10:17 of the SEC's signature was still being fixed,
10:20 but they submitted a document online.
10:23 - Just this February, Madam Chair.
10:25 - So, just after the hearing?
10:27 - Yes, yes, Madam Chair.
10:28 - This is all gone.
10:30 This is all gone.
10:31 - The process is, Madam Chair--
10:32 - It's all gone.
10:33 It's been 20 years.
10:34 - [NON-ENGLISH SPEECH]
10:36 - It's only a registered voter that
10:48 is required to file for People's Initiative.
10:51 And we are hoping, by the time we file the petition,
10:55 [NON-ENGLISH SPEECH]
10:56 - --and Ms. Cristina V. Mortega.
11:02 [NON-ENGLISH SPEECH]
11:05 - --initiative, [NON-ENGLISH SPEECH]
11:06 [NON-ENGLISH SPEECH]
11:08 [NON-ENGLISH SPEECH]
11:09 [NON-ENGLISH SPEECH]
11:11 [NON-ENGLISH SPEECH]
11:13 [NON-ENGLISH SPEECH]
11:14 [NON-ENGLISH SPEECH]
11:15 [NON-ENGLISH SPEECH]
11:16 [NON-ENGLISH SPEECH]
11:18 [NON-ENGLISH SPEECH]
11:19 [NON-ENGLISH SPEECH]
11:20 [NON-ENGLISH SPEECH]
11:21 [NON-ENGLISH SPEECH]
11:22 [NON-ENGLISH SPEECH]
11:41 [NON-ENGLISH SPEECH]
11:43 [NON-ENGLISH SPEECH]
11:45 - All soft projects, including ACAP,
11:57 must go through the office of the speaker.
12:00 [NON-ENGLISH SPEECH]
12:01 - --GMA Integrated News, [NON-ENGLISH SPEECH]
12:03 House Speaker Martin Romualdez.
12:05 [NON-ENGLISH SPEECH]
12:06 - They approve it.
12:28 Senator Ayme signed this committee report.
12:30 Unless they tell us now that voted yes without reading
12:36 the budget, or at least the conference committee report.
12:40 [NON-ENGLISH SPEECH]
12:42 [NON-ENGLISH SPEECH]
12:43 - Last December, [NON-ENGLISH SPEECH]
12:51 [NON-ENGLISH SPEECH]
13:00 [NON-ENGLISH SPEECH]
13:26 [NON-ENGLISH SPEECH]
13:33 [NON-ENGLISH SPEECH]
13:34 [NON-ENGLISH SPEECH]
13:53 [NON-ENGLISH SPEECH]
13:59 [NON-ENGLISH SPEECH]
14:00 [NON-ENGLISH SPEECH]
14:26 - --Financial Legal Council Juan Ponce Enrile.
14:29 [NON-ENGLISH SPEECH]
14:30 [NON-ENGLISH SPEECH]
14:39 [NON-ENGLISH SPEECH]
14:51 [NON-ENGLISH SPEECH]
14:52 [NON-ENGLISH SPEECH]
15:19 [NON-ENGLISH SPEECH]
15:20 [NON-ENGLISH SPEECH]
15:33 [NON-ENGLISH SPEECH]
15:48 [NON-ENGLISH SPEECH]
15:49 [NON-ENGLISH SPEECH]
15:58 [NON-ENGLISH SPEECH]
16:01 [NON-ENGLISH SPEECH]
16:12 [NON-ENGLISH SPEECH]
16:13 [NON-ENGLISH SPEECH]
16:40 [NON-ENGLISH SPEECH]
16:41 [NON-ENGLISH SPEECH]
16:44 [NON-ENGLISH SPEECH]
16:48 [NON-ENGLISH SPEECH]
16:50 [NON-ENGLISH SPEECH]
16:52 [NON-ENGLISH SPEECH]
16:54 [NON-ENGLISH SPEECH]
16:56 [NON-ENGLISH SPEECH]
16:58 [NON-ENGLISH SPEECH]
17:00 [NON-ENGLISH SPEECH]
17:02 [NON-ENGLISH SPEECH]
17:04 [NON-ENGLISH SPEECH]
17:06 [NON-ENGLISH SPEECH]
17:09 [NON-ENGLISH SPEECH]
17:10 [NON-ENGLISH SPEECH]
17:12 [NON-ENGLISH SPEECH]
17:13 [NON-ENGLISH SPEECH]
17:14 [NON-ENGLISH SPEECH]
17:15 [NON-ENGLISH SPEECH]
17:16 [NON-ENGLISH SPEECH]
17:18 [NON-ENGLISH SPEECH]
17:20 [NON-ENGLISH SPEECH]
17:22 [NON-ENGLISH SPEECH]
17:24 [NON-ENGLISH SPEECH]
17:26 [NON-ENGLISH SPEECH]
17:28 [NON-ENGLISH SPEECH]
17:30 [NON-ENGLISH SPEECH]
17:32 [NON-ENGLISH SPEECH]
17:34 [NON-ENGLISH SPEECH]
17:36 [NON-ENGLISH SPEECH]
17:38 [NON-ENGLISH SPEECH]
17:40 [NON-ENGLISH SPEECH]
17:42 [NON-ENGLISH SPEECH]
17:44 [NON-ENGLISH SPEECH]
17:45 [NON-ENGLISH SPEECH]
17:47 [NON-ENGLISH SPEECH]
17:49 [NON-ENGLISH SPEECH]
17:51 [NON-ENGLISH SPEECH]
17:53 [NON-ENGLISH SPEECH]
17:55 [NON-ENGLISH SPEECH]
17:57 [NON-ENGLISH SPEECH]
17:59 [NON-ENGLISH SPEECH]
18:01 [NON-ENGLISH SPEECH]
18:03 [NON-ENGLISH SPEECH]
18:05 [NON-ENGLISH SPEECH]
18:07 [NON-ENGLISH SPEECH]
18:09 [NON-ENGLISH SPEECH]
18:11 [NON-ENGLISH SPEECH]
18:13 [NON-ENGLISH SPEECH]
18:14 [NON-ENGLISH SPEECH]
18:16 [NON-ENGLISH SPEECH]
18:18 [NON-ENGLISH SPEECH]
18:20 [NON-ENGLISH SPEECH]
18:22 [NON-ENGLISH SPEECH]
18:24 [NON-ENGLISH SPEECH]
18:26 [NON-ENGLISH SPEECH]
18:28 [NON-ENGLISH SPEECH]
18:30 [NON-ENGLISH SPEECH]
18:32 [NON-ENGLISH SPEECH]
18:34 [NON-ENGLISH SPEECH]
18:36 [NON-ENGLISH SPEECH]
18:38 [NON-ENGLISH SPEECH]
18:40 [NON-ENGLISH SPEECH]
18:42 [NON-ENGLISH SPEECH]
18:43 [NON-ENGLISH SPEECH]
18:45 [NON-ENGLISH SPEECH]
18:47 [NON-ENGLISH SPEECH]
18:49 [NON-ENGLISH SPEECH]
18:51 [NON-ENGLISH SPEECH]
18:53 [NON-ENGLISH SPEECH]
18:55 [NON-ENGLISH SPEECH]
18:57 [NON-ENGLISH SPEECH]
18:59 [NON-ENGLISH SPEECH]
19:01 [NON-ENGLISH SPEECH]
19:03 [NON-ENGLISH SPEECH]
19:05 [NON-ENGLISH SPEECH]
19:07 [NON-ENGLISH SPEECH]
19:09 [NON-ENGLISH SPEECH]
19:11 [NON-ENGLISH SPEECH]
19:12 [NON-ENGLISH SPEECH]
19:14 [NON-ENGLISH SPEECH]
19:16 [NON-ENGLISH SPEECH]
19:18 [NON-ENGLISH SPEECH]
19:20 [NON-ENGLISH SPEECH]
19:22 [NON-ENGLISH SPEECH]
19:24 [NON-ENGLISH SPEECH]
19:26 [NON-ENGLISH SPEECH]
19:28 [NON-ENGLISH SPEECH]
19:30 [NON-ENGLISH SPEECH]
19:32 [NON-ENGLISH SPEECH]
19:34 [NON-ENGLISH SPEECH]

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