Lawmaker: Cha-cha to favor foreign mining companies
Friday, July 13, 2012
MANILA — A member of Congress cautioned on Friday that renewed talks to amend the 1987 Constitution may result in the detriment of mining communities and local players.
Bayan Muna Representative Teddy Casiño said this after House Speaker Feliciano Belmonte Jr. and Senate President Juan Ponce Enrile are set to tackle the pending proposals on Charter change (Cha-cha) before the President’s State of the Nation Address (Sona) on July 23.
The progressive party-list legislator pointed out that watering down the provisions on land ownership and foreign investments is sure to favor foreign mining firms.
“While Executive Order (EO) 79 provides mere band aid solutions to the problems of the mining industry, Cha-cha will aggravate and worsen it by allowing foreigners to further exploit mineral resources that is supposed to be reserved for Filipinos and used for our own industries,” he said.
President Benigno Aquino III signed EO 79 over the weekend imposing a moratorium on new mining permits until Congress revises mining tax laws.
Casiño stressed that the proposal to give aliens 100 percent ownership to land, public utilities, and natural resources is “a recipe for disaster given the festering problem of landlessness.”
“Even the supposed economically booming countries do not allow the same extent of liberalization. Thailand requires 51 percent Thai ownership of its public utilities such as electricity and energy; Australia requires 65 percent Australian ownership of its telecommunication; Brazil requires 49 percent Brazilian ownership of its lands,” he said.
The chairman of the House committee on constitutional amendments, meanwhile, clarified that everything is still debatable at this point.
“Not possible for 100 percent land ownership. What was proposed is ownership of exclusive industrial land only,” Misamis Occidental Representative Loreto Ocampos and the House committee chair said in a text message to Sun.Star.
In a hearing last year, the House panel discussed eight possible revisions in the Charter, which include the scrapping of the 60–40 percent equity limitations, and extending the 25 + 25 land lease agreement.
Casiño also said that Congress should not be distracted by issues that are not urgent like Cha-cha and instead focus on proposed laws that would improve the lives of ordinary Filipinos citing measures that seek to reduce the cost of electricity and other utilities. (Kathrina Alvarez/Sunnex) http://www.sunstar.com.ph/breaking-news/2012/07/13/lawmaker-cha-cha-favor-foreign-mining-companies-231767
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Yats Wine Cellars Philippines
3003C East Tower, Philippines Stock Exchange Center (Tektite)
Exchange Road, Ortigas Center, Metro Manila, Philippines
(632) 637-5019 0917-520-4393 ask for Rea or Kristine
http://www.YatsWineCellars.com
For inquiries and orders, Click here to for inquiries and orders
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Yats International HK Sales Office,
Room 1302, 13/F., The Centre Mark
287-299 Queen’s Road Central Sheung Wan,
Hong Kong SAR
Tel: (852) 2788-0738 ask for Miss Eva Leung
Wine@Yats-International.com
If Philippines is part of an upcoming travel and holiday plan, wine lovers might want to visit Clark Freeport Zone just 70 minutes from Manila. This bustling new city that is slated to replace Manila as the new capital of the Philippines has the largest wine shop called Clark Wine Center. For more information, log on to
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Clark Wine Center
Bldg 6460 Clark Observatory Building
Manuel A. Roxas Highway corner A Bonifacio Ave,
Angeles Clark Freeport Zone, Pampanga 2023
0922-870-5173 0917-826-8790 (ask for Ana Fe)
Getting to this wine shop in Pampanga Angeles City Clark Freeport Zone Philippines from Manila
Getting to the Clark Wine Center wine shop from Manila is quite simple: after entering Clark Freeport from Dau and Angeles City, proceed straight along the main highway M A Roxas. Clark Wine Center is the stand-along white building on the right, at the corner A Bonifacio Ave. From the Clark International Airport DMIA, ask the taxi to drive towards the entrance of Clark going to Angeles City. From Mimosa, just proceed towards the exit of Clark and this wine shop is on the opposite side of the main road M A Roxas.
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Those visitors who plan to relax and unwind in Angeles City, Subic, Pampanga, Clark Philippines might make an effort to book a room at the famous beach and lake resort Clearwater Resort & Country Club. This famous hotel in Clark Pampanga is frequently visited by families with children looking for a good place in Clark to see, a good holiday destination for the family to relax and unwind in the beautiful outdoor facilities. For more information, log on to www.ClearwaterPhilippines.com
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Looking for famous tourists spots, places to visit and see, relax and unwind in Clark, Pampanga, Philippines? You may want to check out these sites also:
Wedding couples looking for wedding reception venues and beach wedding venues can log on to this Philippines Wedding Venue web site for free information and assistance:
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While in Clark, it might be a good idea to enjoy an evening of wine-and-dine in the fine dining Yats Restaurant and Wine Bar that features an award winning 2700-line wine list. It is located in Mimosa Leisure Estate of Clark Freeport Zone. For more information, visit http://www.YatsRestaurant.com
YATS Leisure Philippines is a developer and operator of clubs, resorts and high-class restaurants and wine shops in Clark Angeles Philippines http://www.YatsLeisure.com
If you are traveling to Pampanga, Subic, Angeles City, Clark Freeport, Philippines, you can get assistance to hotel and resort booking by logging on to
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