Deadline all the time

breaking news stories, photos, and video

Palace backs Speaker on Charter change

leave a comment »

Econ amendments to spur business activity

By Joel Guinto
First Posted 19:04:00 02/04/2009

Filed Under: Charter change, Economy and Business and Finance, Politics

MANILA, Philippines — Malacañang supports the resolution of House Speaker Prospero Nograles which seeks to amend the 1987 Constitution to allow foreign ownership of land, but only in the context of spurring business activity.

Press Secretary Cerge Remonde told a news conference on Wednesday that the Palace is maintaining its “hands off” policy on efforts to amend the Charter in the administration-dominated House of Representatives, which critics say could pave the way to extend the terms of incumbent officials, including President Gloria Macapagal-Arroyo.

Asked if the Palace supports House Resolution 737, which passed the House committee on constitutional amendments on Tuesday, Remonde replied: “Yes, in that context [of allowing foreign ownership of land]. Even the business community is supportive of that. That is important for us to remain competitive in this part of the world.”

Other than this, he said, “the Palace maintains its position [of] being hands off on that matter [Charter change], that being a legislative matter. That is the concern and [up to] the deliberation of members of Congress,” Remonde said.

Remonde also allayed fears the May 2010 elections would not push through.

“The fact is that law provides that there are elections in 2010; the fact is we have completed the [members of the] Comelec [Commission on Elections]; the fact is the President has called for a merger of the administration allies. Let the facts speak for themselves,” he said.

View article as posted on


Written by joelguinto

WedUTC2009-02-04T13:19:25+00:00UTC02bUTCWed, 04 Feb 2009 13:19:25 +0000 22, 2006 at 12:45 pm02

Posted in Uncategorized

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: