Republic Act 10667

Sen. Bam: Gov’t, private sector no more excuses for poor Internet quality

With the imminent passage of the Free Internet in Public Places Act, the implementation of the Philippine Competition Act and the proposed National Broadband Plan (NBP), the government and the private sector will have the necessary platform to improve the country’s internet quality and access.

“We’re breaking down barriers to improving the Internet through our policies. Now, the ball is in the executive and private sector’s court,” said Sen. Bam Aquino, chairman of the Committee on Science and Technology. He also pushed the measure in the Senate as principal sponsor and co-author.

 “Our hearings have exposed the lack of infrastructure that we have. So we’re reducing red tape for the private sector and we’re also allotting the necessary budget para ang gobyerno mismo ang mamuhunan sa internet infrastructure sa ibang lugar,” said Sen. Bam.

 The senator said the challenge of implementation now falls on the shoulders of the Department of Information and Communications Technology (DICT) and the private sector.

“The DICT needs two-and-a-half years for the NBP while the sector needs to be opened up to new players to strengthen competition in the market,” said Sen. Bam.

The final version of the Free Internet in Public Places Act has been approved by the bicameral conference committee. After the final version is ratified by both houses of Congress, it will be transmitted to Malacanang for President Duterte’ signature.

 Sen. Bam also believes that the Republic Act 10667 or the Philippine Competition Act will encourage the entry of more players in the telecommunications industry, leading to improved Internet service at affordable prices.

“The Philippine Competition Act will usher in such competition for the benefit of Filipino consumers for the long term,” said Sen. Bam, principal sponsor and co-author of Republic Act 10667 or the Philippine Competition Act

 If finished quickly, the NBP can hasten the rollout of the implementation of the Free Internet Access in Public Places Act. It will be put up starting 2018 and expected to be fully operational by 2020.

Bam: Over 250 Negosyo Centers, Youth Entrepreneurship Act to help solve unemployment

Sen. Bam Aquino believes two of his laws in the 16th Congress — the Go Negosyo Act and the Youth Entrepreneurship Act – will help address the unemployment problem in the country through the development of micro, small and medium enterprises (MSMEs).

 “These two laws are aimed at generating fresh jobs and other livelihood opportunities by providing MSMEs with the right support to help them grow,” said Sen. Bam, chairman of the Committee on Trade, Commerce and Entrepreneurship.

 “By giving MSMEs a conducive environment where they can succeed, confident that they can help generate fresh jobs and other livelihood opportunities for Filipinos,” he added.

 Trade Secretary Mon Lopez, for his part, said the agency will be giving an extra push in creating more entrepreneurs and registering more enterprises that will employ more Filipinos.

 The DTI will also focus on helping MSMEs on many aspects, in terms of money and market access, according to Lopez.

 Sen. Bam was the author and principal sponsor of the Go Negosyo Act (Republic Act 10667), his first law in the 16th Congress, and the co-author and principal sponsor of the Youth Entrepreneurship Act (Republic Act No. 10679).

 Sen. Bam’s pronouncement came after a Social Weather Stations (SWS) revealed that some 11 million adults were without work in the first quarter of 2016, about two million more than the previous quarter.

 The SWS first quarter poll pegged the joblessness rate at 23.9 percent, compared to 2015’s fourth quarter rate of 21.4 percent or equivalent to 9.1 million adults unemployed. It was also the highest since 2014’s fourth quarter rate of 27 percent.

 At present, Sen. Bam said 252 Negosyo Centers are already up and running, catering to the needs of micro, small and medium enterprises (MSMEs) in different parts of the country.

 The Youth Entrepreneurship Act, for its part, encourages young would-be entrepreneurs to establish their own business by providing them access to capital and other support.

 The law creates financial literacy modules in all levels of Philippine education, to inculcate a culture of enterprise development among the Filipino youth.

 Aside from the Go Negosyo Act and the Youth Entrepreneurship Act, Sen. Bam also worked for the passage of other MSME-related laws such as Philippine Competition Act, Microfinance NGOs Act, Credit Surety Act and the Foreign Ships Co-Loading Act or Amendments to the Cabotage Policy.

 In the 17th Congress, Sen. Bam has already filed the Senate Bill No. 169 or Small Business Tax Reform Act, which provides small businesses with lower income tax rate, VAT exemption and other privileges.

 Sen. Bam has also submitted Senate Bill No. 170 or Trabaho Center in Schools Bill to create a job placement office or Trabaho Center to assist Senior High School graduates who opt to find employment and help them find those opportunities.

Sen. Bam: Lower prices of goods, services with IRR for PH Competition Act signed

The signing of the Implementing Rules and Regulations (IRR) for the Philippine Competition Act will soon lead to lower prices and improved quality of goods and services for consumers, according to Sen. Bam Aquino.

 “This will bring prices down while improving quality across goods like agricultural products and services like the Internet,” said Sen. Aquino, co-author and principal sponsor of Republic Act 10667 or the Philippine Competition Act.

 “Creating a healthier and more competitive business environment in the Philippines has far-reaching benefits for the start-up community, small businesses, and, ultimately, Filipino consumers,” added Sen. Aquino, chairman of the Committee on Trade, Commerce and Entrepreneurship.

 The IRR of Republic Act 10667 was published in major dailies today (June 3), making the law effective after 15 days or on June 18, 2016.

 Sen. Bam lauded the signing of the IRR, saying “this is another major milestone for everyone that worked on the passage of the Philippine Competition Act.”

 “Congratulations to the Philippine Competition Commission on the signing of the Philippine Competition Act IRR,” he said.

 It took 25 years before Congress finally enacted the Philippine Competition Act into law and it happened under Sen. Bam’s watch as chairman of the Committee on Trade, Commerce and Entrepreneurship.

 The Philippine Competition Act will help sustain the country’s ever-growing economy and ensure a climate that provides a level-playing field for all businesses.

 Sen. Bam called the Philippine Competition Act as a “historic, game-changing legislation for the economy” as it penalizes bad market behavior and abuse of dominant positions.

 The Philippine Competition Act is expected to eliminate cartels, and penalize anti-competitive agreements and abuses of dominant players in the markets that lead to high prices of goods and services.

Sen. Bam added that Philippine Competition Act promotes a culture of healthy competition that inspires ingenuity, creativity, and innovation in addressing market needs.

 The senator earlier said that the Philippine Competition Act will be crucial to incoming President Rodrigo Duterte’s aim to improve the country’s Internet service as the law will encourage the entry of more players in the telecommunications industry.

 The Philippine Competition Commission is also expected to look into the sale of San Miguel Corporation’s telecommunications assets to PLDT and Globe to assess its impact on consumers and the industry.

 

Sen. Bam: Competition law to help Duterte improve PH Internet

A senator believes that presumptive President-elect Rodrigo Duterte can improve the state of country’s Internet with the help of the Philippine Competition Act, which will encourage the entry of more players in the telecommunications industry.

 Sen. Bam Aquino expressed elation over Duterte’s pronouncement that he will encourage the entry of competition if local telecommunication players fail to improve quality of the country’s Internet.

 “We are confident that the Philippine Competition Act, a law we passed last year, through the Philippine Competition Commission, will usher in such competition for the benefit of Filipino consumers for the long term,” said Sen. Bam, principal sponsor and co-author of Republic Act 10667 or the Philippine Competition Act

 Sen. Bam said more players in the telecommunications industry will create competition in the market, which, in turn will result to improved service at affordable prices for consumers.

 It took 25 years before Congress finally enacted the Philippine Competition Act into law and it happened under Sen. Bam’s watch as chairman of the Committee on Trade, Commerce and Entrepreneurship.

 The Philippine Competition Act will help sustain the country’s ever-growing economy and ensure a climate that provides a level-playing field for all businesses.

 “We will continue to develop and push policies to provide the public access to quicker and more affordable Internet services,” added Sen. Bam, who spearheaded several hearings on the slow and expensive Internet service in the country.

 Meanwhile, Sen. Bam also lauded President Aquino’s approval of the creation of the Department of Information and Communications Technology (DICT) into law.

 “After last year’s hearings to investigate the country’s slow and expensive internet, we are finally seeing progress in our quest for improvement of internet services in the Philippines,” Sen. Bam said.

 On March 2015, Sen. Bam filed Senate Bill 1091 or the Magna Carta for Philippine Internet Freedom, which proposed the establishment of a DICT

 “We are happy to learn that RA 10844, an act creating the DICT, was signed into law this week,” said Sen. Bam.

Scroll to top