January 19, 2018
ECCP and EPBN had the opportunity to meet Ms. Paola Deles, Policy Head of the Office of Sen. Bam Aquino.
Among the items discussed were:
TRAIN Packages 1 and 2
Amendments to the Public Service Act
- The amendment for PSA has been referred to the Committee on Public Services of Sen. Grace Poe.
- An initial hearing schedule was already set last December, however, was postponed by Sen. Poe, moving it to early February.
Retail Trade Liberalization
- This was introduced to the House by Cong. Arthur Yap, and to the Senate through Senator Sherwin Gatchalian.
- JFC is thrilled to take note of the support of DTI Sec. Lopez and NEDA Sec. Pernia in lowering the current minimum paid-up capital for the retail industry to $200,000 from the current $2.5 million threshold.