10 July 2012 – The Makati Business Club welcomes Executive Order No. 79, outlining the Aquino administration’s policy on the mining sector. MBC lauds the government’s clear designation of “no-go” zones for mining, the renewed drive for an improved sharing of revenues, and the emphasis on the primacy of national laws over local ordinances. We believe […]
Updates
29 May 2012 – The Senate, sitting as an Impeachment Court, has spoken. While certain rules and parameters had to be defined along the way due to the, in many ways, unprecedented nature of this impeachment trial, the Makati Business Club believes that the process leading to the senator judges’ final decision against Chief Justice Renato […]
2 May 2012 – The Makati Business Club welcomes the initiative to reform excise taxes on tobacco and alcohol products, which would allow the government to optimize its revenue potential and create a strong disincentive for excessive tobacco and alcohol use. We especially support the restructuring of the excise tax system from a multi-tiered structure to […]
29 February 2012 – All public officials are accountable to the people. This is especially true for those occupying high positions. To ensure that the highest officials are accountable and worthy of the people’s trust, the Constitution provides for an impeachment process. In the case of Chief Justice Renato Corona, serious questions have been raised on […]
15 February 2012 – The Makati Business Club expresses its concern and outrage over the impact of the Court of Appeals recent order to the Bangko Sentral ng Pilipinas and the Monetary Board to reopen the Banco Filipino Savings and Mortgage Bank. Promulgated on 27 January 2012, the judgment threatens to undermine the power, granted to the central monetary […]