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Senator Paolo Benigno "Bam" Aquino IV: Good afternoon. The briefing of the Committee on Finance Subcommittee B on the proposed Fiscal Year 2027 National Expenditure Program of the GCG and the DTI, including its attached agencies and corporations, is hereby called to order.

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Senator Paolo Benigno "Bam" Aquino IV: Later on, we will be joined by Sen. Ejercito and the Senate President and some other senators who may wish to join.

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Senator Paolo Benigno "Bam" Aquino IV: And before we begin, may I request Bea or ComSec to acknowledge all the resource persons today.

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Committee Secretary: Good afternoon, everyone. Good afternoon, Mr. Chair and to the DTI and GCG family joining us today to present the proposed Fiscal Year 2027 budget of the Governance Commission for GOCCs, the Chairperson, Atty. Marius P. Corpuz.

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Committee Secretary: With him are Commissioner Brian Keith Hosaka, Director Michael Pabalinas of the Legal Office,

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Committee Secretary: Director Kenneth Rafals of the Corporate Governance Office A, Director Maricor Lacambacal of the Corporate Governance Office B,

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Committee Secretary: Director Jaina M. Rosal of the Corporate Governance Office C, Director Jocelyn Navato of the Corporate Standards Office,

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Committee Secretary: and Director Lovely Joy Avisado of the Deposition and Asset Management Office.

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Committee Secretary: To present the proposed Fiscal Year 2027 budget of the Department of Trade and Industry, its attached agencies and corporations,

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Committee Secretary: the Honorable Secretary, Maria Christina A.

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Committee Secretary: Roque, with our Chief of Staff Director Bianca Pearl [unclear], Foreign Trade Service Officer Mr. Jeremy [unclear], Undersecretary Ceferino S. Rodolfo of the Industry Development and Investment Promotion Group. He is also the managing head of the Board of Investments. Undersecretary Alan B. [unclear] of the International Trade Group. Assistant Secretary Christian Ablan of the Management Services Group, Assistant Secretary Grace F. Baluyan,

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Committee Secretary: Assistant Secretary Yolina Baluyut, Assistant Secretary Dominic Tolentino Jr. of the Regional Operations Group,

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Committee Secretary: Assistant Secretary Kenneth Yap of the Foreign Trade Service Corps,

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Committee Secretary: Assistant Secretary Naila Riza Bautista of the Competitiveness and Innovation Group,

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Committee Secretary: Assistant Secretary M. Marcos N. Valdez II of the E-Commerce Bureau and the Office of the Special Mandate on Vaporized Nicotine and Non-Nicotine Products,

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Committee Secretary: Their Devices and Novel Tobacco Products,

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Committee Secretary: and Assistant Secretary Regina Maliari Jr.

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Committee Secretary: of the Fair Trade Group.

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Committee Secretary: From the DTI's attached agencies, joining us today,

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Committee Secretary: Executive Director Romlea Ocampo of the Center for International Trade Expositions and Missions,

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Committee Secretary: who I believe will be joining us later on,

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Committee Secretary: Executive Director Maria Rita Matute of the Design Center of the Philippines,

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Committee Secretary: OIC Executive Director Attorney Margarita F. Magsaysay of the Construction Industry Authority of the Philippines,

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Committee Secretary: Executive Director Claire Marie Toralba of the Philippine Trade and Training Center,

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Committee Secretary: President

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Committee Secretary: Robert Bastillo of the Small Business Corporation,

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Committee Secretary: Director General Jose Paolo Villaluna of the Film Academy of the Philippines,

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Committee Secretary: Undersecretary Alexander Raquepo of the Cooperative Development Authority,

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Committee Secretary: who will be joining us later on,

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Committee Secretary: and President Attorney Hale Tawai IV of the Aurora Pacific Economic Zone and Freeport Authority.

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Committee Secretary: Also present today are the representatives from the Commission and Audit,

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Committee Secretary: the OIC Supervising Auditor for DTI,

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Committee Secretary: Ms. Aiko Grace de Guzman,

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Committee Secretary: and Supervising Auditor for GCG,

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Committee Secretary: Mr. Amado N. Ablao.

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Committee Secretary: And from the Department of Budget and Management,

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Committee Secretary: we will be joined later on by the Supervising Budget and Management Specialist,

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Committee Secretary: Ms. Evita Fontanilla,

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Committee Secretary: and the Budget and Management Bureau C-Director,

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Committee Secretary: Lulu P. Vizpo.

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Committee Secretary: That is all, Mr. Chair.

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Senator Paolo Benigno "Bam" Aquino IV: Maraming salamat, Bea.

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Senator Paolo Benigno "Bam" Aquino IV: So today we'll start with GCG.

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Senator Paolo Benigno "Bam" Aquino IV: You can present and then honestly,

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Senator Paolo Benigno "Bam" Aquino IV: no senators really have signified,

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Senator Paolo Benigno "Bam" Aquino IV: any questions,

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Senator Paolo Benigno "Bam" Aquino IV: but we'll ask you to stay during the DTI briefing in case other senators will be joining us.

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Senator Paolo Benigno "Bam" Aquino IV: I know that Senator Ejercito and Gatchalian wish to attend the DTI subcommittee hearing.

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Senator Paolo Benigno "Bam" Aquino IV: So, Attorney Corpuz, you have the floor, you can start.

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GCG Chairperson Atty. Marius P. Corpus: Thank you, Mr. Chairman, Your Honor, and good afternoon once again.

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GCG Chairperson Atty. Marius P. Corpus: On behalf of the Governance Commission for GOCCs or the GCG,

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GCG Chairperson Atty. Marius P. Corpus: we express our sincere appreciation

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GCG Chairperson Atty. Marius P. Corpus: for the opportunity to present our accomplishments,

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GCG Chairperson Atty. Marius P. Corpus: ongoing initiatives and budget proposal for fiscal year 2027,

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GCG Chairperson Atty. Marius P. Corpus: as well as our accomplishments and ongoing initiatives

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GCG Chairperson Atty. Marius P. Corpus: that were supported by the previous year's budgets.

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GCG Chairperson Atty. Marius P. Corpus: We hope to show how the reforms implemented in the GOCC sector

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GCG Chairperson Atty. Marius P. Corpus: continue to generate stronger governance,

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GCG Chairperson Atty. Marius P. Corpus: better performance,

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GCG Chairperson Atty. Marius P. Corpus: and greater returns to government.

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GCG Chairperson Atty. Marius P. Corpus: As well as how our proposed budget will enable us to sustain these gains.

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GCG Chairperson Atty. Marius P. Corpus: As President Ferdinand R. Marcos Jr. aptly emphasized,

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GCG Chairperson Atty. Marius P. Corpus: and I quote,

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GCG Chairperson Atty. Marius P. Corpus: we have a duty to uphold the integrity of our institutions

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GCG Chairperson Atty. Marius P. Corpus: by demanding transparency, accountability,

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GCG Chairperson Atty. Marius P. Corpus: and a standard of service worthy of the Filipino people.

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GCG Chairperson Atty. Marius P. Corpus: This principle lies at the very heart of GCG's mandate.

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GCG Chairperson Atty. Marius P. Corpus: The values of transparency, accountability,

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GCG Chairperson Atty. Marius P. Corpus: and public service excellence

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GCG Chairperson Atty. Marius P. Corpus: are the standards that guide our oversight

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GCG Chairperson Atty. Marius P. Corpus: of government-owned or controlled corporations

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GCG Chairperson Atty. Marius P. Corpus: and shape the reforms we pursue across the GOCC sector.

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GCG Chairperson Atty. Marius P. Corpus: Before discussing our accomplishments and budget proposal,

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GCG Chairperson Atty. Marius P. Corpus: allow me to briefly highlight the mandate of the GCG.

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GCG Chairperson Atty. Marius P. Corpus: Our mandate provides the context for the programs and reforms

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GCG Chairperson Atty. Marius P. Corpus: that we implement across the GOCC sector.

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GCG Chairperson Atty. Marius P. Corpus: It also illustrates how our work in the GCG

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GCG Chairperson Atty. Marius P. Corpus: contributes to good governance,

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GCG Chairperson Atty. Marius P. Corpus: fiscal responsibility,

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GCG Chairperson Atty. Marius P. Corpus: and improved public service delivery.

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GCG Chairperson Atty. Marius P. Corpus: The GCG was established through Republic Act No. 10149,

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GCG Chairperson Atty. Marius P. Corpus: otherwise known as the GOCC Governance Act of 2011.

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GCG Chairperson Atty. Marius P. Corpus: The law was enacted to strengthen oversight

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GCG Chairperson Atty. Marius P. Corpus: of GOCCs

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GCG Chairperson Atty. Marius P. Corpus: and to ensure that these corporations

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GCG Chairperson Atty. Marius P. Corpus: are managed responsibly, professionally,

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GCG Chairperson Atty. Marius P. Corpus: and in a financially sustainable manner.

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GCG Chairperson Atty. Marius P. Corpus: Through its mandate,

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GCG Chairperson Atty. Marius P. Corpus: the GCG serves as the central oversight body

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GCG Chairperson Atty. Marius P. Corpus: that promotes fiscal discipline, accountability,

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GCG Chairperson Atty. Marius P. Corpus: transparency, and sound corporate governance

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GCG Chairperson Atty. Marius P. Corpus: throughout the GOCC sector,

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GCG Chairperson Atty. Marius P. Corpus: helping translate the President's vision

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GCG Chairperson Atty. Marius P. Corpus: of trustworthy, high-performing public institutions

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GCG Chairperson Atty. Marius P. Corpus: into concrete outcomes for the Filipino people.

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GCG Chairperson Atty. Marius P. Corpus: The GCG performs four core functions.

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GCG Chairperson Atty. Marius P. Corpus: First, we rationalize the sector

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GCG Chairperson Atty. Marius P. Corpus: by determining whether GOCCs continue to serve their intended purpose

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GCG Chairperson Atty. Marius P. Corpus: and whether they should be reorganized, merged,

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GCG Chairperson Atty. Marius P. Corpus: privatized, or abolished.

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GCG Chairperson Atty. Marius P. Corpus: Second, we ensure that qualified and competent individuals

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GCG Chairperson Atty. Marius P. Corpus: serve on GOCC boards.

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GCG Chairperson Atty. Marius P. Corpus: Third, we evaluate institutional and individual performance

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GCG Chairperson Atty. Marius P. Corpus: through standardized performance assessment systems.

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GCG Chairperson Atty. Marius P. Corpus: And fourth, we establish compensation and position classification policies

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GCG Chairperson Atty. Marius P. Corpus: that promote fairness, competitiveness, and accountability.

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GCG Chairperson Atty. Marius P. Corpus: Next slide.

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GCG Chairperson Atty. Marius P. Corpus: As of June 30, 2026,

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GCG Chairperson Atty. Marius P. Corpus: the GCG supervises 112 GOCCs across nine sectors.

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GCG Chairperson Atty. Marius P. Corpus: The sectors, Your Honor, are indicated in the slide.

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GCG Chairperson Atty. Marius P. Corpus: The GOCC sector's average corporate governance scorecard rating

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GCG Chairperson Atty. Marius P. Corpus: improved to 67.14%

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GCG Chairperson Atty. Marius P. Corpus: above the 61% target

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GCG Chairperson Atty. Marius P. Corpus: for the 2025 Agency Fiscal Targets.

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GCG Chairperson Atty. Marius P. Corpus: You were able to assess 100% of GOCCs.

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GCG Chairperson Atty. Marius P. Corpus: The GCG also completed and submitted

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GCG Chairperson Atty. Marius P. Corpus: the proposed compensation and position classification system

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GCG Chairperson Atty. Marius P. Corpus: to the Office of the President in April 2025,

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GCG Chairperson Atty. Marius P. Corpus: and he approved the CPC-S2

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GCG Chairperson Atty. Marius P. Corpus: in September of 2026.

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GCG Chairperson Atty. Marius P. Corpus: Next slide, please.

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GCG Chairperson Atty. Marius P. Corpus: 2025.

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GCG Chairperson Atty. Marius P. Corpus: I stand corrected, Your Honor.

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GCG Chairperson Atty. Marius P. Corpus: For the talent pool,

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GCG Chairperson Atty. Marius P. Corpus: the GCG achieved a 38.25%

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GCG Chairperson Atty. Marius P. Corpus: for inclusion in the shortlist of nominees to the President,

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GCG Chairperson Atty. Marius P. Corpus: exceeding the 37% target.

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GCG Chairperson Atty. Marius P. Corpus: On performance evaluation,

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GCG Chairperson Atty. Marius P. Corpus: the GOCC sector posted an average score of 75.70%

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GCG Chairperson Atty. Marius P. Corpus: against,

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GCG Chairperson Atty. Marius P. Corpus: against the 78% target,

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GCG Chairperson Atty. Marius P. Corpus: while 100% of qualified GOCC submissions

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GCG Chairperson Atty. Marius P. Corpus: were subjected to the performance target setting

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GCG Chairperson Atty. Marius P. Corpus: exceeding the 80% target.

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GCG Chairperson Atty. Marius P. Corpus: For the Agency's 2026 Physical Targets,

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GCG Chairperson Atty. Marius P. Corpus: for 2026,

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GCG Chairperson Atty. Marius P. Corpus: the GCG continues its work

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GCG Chairperson Atty. Marius P. Corpus: on strengthening the Corporate Governance Scorecard,

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GCG Chairperson Atty. Marius P. Corpus: the CGS.

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GCG Chairperson Atty. Marius P. Corpus: The revised CGS is targeted for issuance this year

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GCG Chairperson Atty. Marius P. Corpus: with the implementation and baseline setting scheduled for 2027.

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GCG Chairperson Atty. Marius P. Corpus: The assessment of GOCC scorecards is a year-end activity

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GCG Chairperson Atty. Marius P. Corpus: with submissions beginning in October.

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GCG Chairperson Atty. Marius P. Corpus: For CPC-S2,

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GCG Chairperson Atty. Marius P. Corpus: the implementation by GOCCs shall commence only upon their completion of

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GCG Chairperson Atty. Marius P. Corpus: and compliance with

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GCG Chairperson Atty. Marius P. Corpus: all required submission requirements.

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GCG Chairperson Atty. Marius P. Corpus: From January 1 to 30 June 2026,

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GCG Chairperson Atty. Marius P. Corpus: the GCG has not received any application

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GCG Chairperson Atty. Marius P. Corpus: for CPC-S2 implementation from any GOCC.

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GCG Chairperson Atty. Marius P. Corpus: Of course, we have reminded them of their obligation

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GCG Chairperson Atty. Marius P. Corpus: to submit these requirements, Your Honor.

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GCG Chairperson Atty. Marius P. Corpus: As for the talent pool,

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GCG Chairperson Atty. Marius P. Corpus: 21 nominees or 7.55%

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GCG Chairperson Atty. Marius P. Corpus: of 278 qualified candidates

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GCG Chairperson Atty. Marius P. Corpus: had been submitted to the Office of the President

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GCG Chairperson Atty. Marius P. Corpus: against the 38% year-end target.

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GCG Chairperson Atty. Marius P. Corpus: For the Corporate Governance Scorecard,

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GCG Chairperson Atty. Marius P. Corpus: the validation of the 2025 GOCC Performance Scorecards

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GCG Chairperson Atty. Marius P. Corpus: is ongoing

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GCG Chairperson Atty. Marius P. Corpus: with an 80% target for 2026.

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GCG Chairperson Atty. Marius P. Corpus: We have to emphasize, though, Your Honor,

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GCG Chairperson Atty. Marius P. Corpus: that completion depends in part

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GCG Chairperson Atty. Marius P. Corpus: on required supporting reports from the COA and the ARTA.

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GCG Chairperson Atty. Marius P. Corpus: As of June 30 this year,

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GCG Chairperson Atty. Marius P. Corpus: the GCG has received 28 COA-audited financial reports

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GCG Chairperson Atty. Marius P. Corpus: and partial customer satisfaction results from the ARTA.

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GCG Chairperson Atty. Marius P. Corpus: Performance target setting starts in the third quarter of the year

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GCG Chairperson Atty. Marius P. Corpus: with an 80% target.

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GCG Chairperson Atty. Marius P. Corpus: Evaluation will begin once GOCCs submit

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GCG Chairperson Atty. Marius P. Corpus: the required performance documents.

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GCG Chairperson Atty. Marius P. Corpus: Next slide.

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GCG Chairperson Atty. Marius P. Corpus: From 2023 to 2025,

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GCG Chairperson Atty. Marius P. Corpus: we see a consistent decline in total subsidies

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GCG Chairperson Atty. Marius P. Corpus: received by the GOCC sector.

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GCG Chairperson Atty. Marius P. Corpus: Subsidies went down from 154 billion in 2023

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GCG Chairperson Atty. Marius P. Corpus: to 128 billion in 2024

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GCG Chairperson Atty. Marius P. Corpus: and 96 billion in 2025.

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GCG Chairperson Atty. Marius P. Corpus: This represents a reduction of about

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GCG Chairperson Atty. Marius P. Corpus: 38% over the past three years.

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GCG Chairperson Atty. Marius P. Corpus: In 2025,

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GCG Chairperson Atty. Marius P. Corpus: the total assets of the GOCC sector

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GCG Chairperson Atty. Marius P. Corpus: was recorded at 14.38 trillion pesos,

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GCG Chairperson Atty. Marius P. Corpus: trillion, trillion,

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GCG Chairperson Atty. Marius P. Corpus: trillion pesos, Your Honor,

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GCG Chairperson Atty. Marius P. Corpus: which exhibited an overall increase of 8%

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GCG Chairperson Atty. Marius P. Corpus: from the previous year.

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Senator Paolo Benigno "Bam" Aquino IV: What would be the biggest share of the,

189
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Senator Paolo Benigno "Bam" Aquino IV: which GOCC has the biggest share of that 14

190
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Senator Paolo Benigno "Bam" Aquino IV: trillion?

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GCG Chairperson Atty. Marius P. Corpus: It should be the GFIs, Your Honor,

192
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GCG Chairperson Atty. Marius P. Corpus: the land bank,

193
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GCG Chairperson Atty. Marius P. Corpus: the Development Bank of the Philippines.

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GCG Chairperson Atty. Marius P. Corpus: Of course.

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GCG Chairperson Atty. Marius P. Corpus: May I proceed, Your Honor?

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GCG Chairperson Atty. Marius P. Corpus: After the establishment of the GCG,

197
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GCG Chairperson Atty. Marius P. Corpus: GOCC dividends significantly increased

198
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GCG Chairperson Atty. Marius P. Corpus: throughout the years.

199
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GCG Chairperson Atty. Marius P. Corpus: For comparison,

200
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GCG Chairperson Atty. Marius P. Corpus: from 2002 to 2011,

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GCG Chairperson Atty. Marius P. Corpus: or before the GCG was established,

202
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GCG Chairperson Atty. Marius P. Corpus: the total dividend remittances of GOCCs was

203
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GCG Chairperson Atty. Marius P. Corpus: 68.71 billion,

204
00:13:11,940 --> 00:13:16,940
GCG Chairperson Atty. Marius P. Corpus: with an average of 6.87 billion annually.

205
00:13:16,940 --> 00:13:19,940
GCG Chairperson Atty. Marius P. Corpus: After the establishment of the GCG,

206
00:13:19,940 --> 00:13:21,940
GCG Chairperson Atty. Marius P. Corpus: the total dividends is,

207
00:13:21,940 --> 00:13:23,940
GCG Chairperson Atty. Marius P. Corpus: as of today,

208
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GCG Chairperson Atty. Marius P. Corpus: is 626.62 billion,

209
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GCG Chairperson Atty. Marius P. Corpus: with a 44 billion annual average.

210
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GCG Chairperson Atty. Marius P. Corpus: Before we go into details,

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GCG Chairperson Atty. Marius P. Corpus: allow me to present the GCG's proposed

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GCG Chairperson Atty. Marius P. Corpus: 2027 budget.

213
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GCG Chairperson Atty. Marius P. Corpus: The budget is designed to support

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GCG Chairperson Atty. Marius P. Corpus: the Commission's programs and priorities,

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GCG Chairperson Atty. Marius P. Corpus: ensuring that we can continue delivering

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GCG Chairperson Atty. Marius P. Corpus: on our mandates.

217
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GCG Chairperson Atty. Marius P. Corpus: For the proposed budget,

218
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GCG Chairperson Atty. Marius P. Corpus: the GCG has aligned its funding requirements

219
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GCG Chairperson Atty. Marius P. Corpus: with its Tier 1 agency priorities,

220
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GCG Chairperson Atty. Marius P. Corpus: which represent the most critical initiatives.

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GCG Chairperson Atty. Marius P. Corpus: This focuses on implementing and reviewing

222
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GCG Chairperson Atty. Marius P. Corpus: the Compensation and Position Classification System 2

223
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GCG Chairperson Atty. Marius P. Corpus: in preparation for the regular review

224
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GCG Chairperson Atty. Marius P. Corpus: of the CPCS,

225
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GCG Chairperson Atty. Marius P. Corpus: in preparation for CPCS 3,

226
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GCG Chairperson Atty. Marius P. Corpus: hopefully in 2028 or 2027.

227
00:14:24,940 --> 00:14:27,940
GCG Chairperson Atty. Marius P. Corpus: The review will start in 2027

228
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GCG Chairperson Atty. Marius P. Corpus: and for implementation in 2028.

229
00:14:31,940 --> 00:14:35,940
GCG Chairperson Atty. Marius P. Corpus: Enhancing the integrated corporate reporting system

230
00:14:35,940 --> 00:14:38,940
GCG Chairperson Atty. Marius P. Corpus: and the performance evaluation system

231
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GCG Chairperson Atty. Marius P. Corpus: or the PES,

232
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GCG Chairperson Atty. Marius P. Corpus: identifying and evaluating GOCCs

233
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GCG Chairperson Atty. Marius P. Corpus: for possible dispositive action,

234
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GCG Chairperson Atty. Marius P. Corpus: strengthening the WHIP

235
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GCG Chairperson Atty. Marius P. Corpus: or the Whistleblowing and Integrity Portal program,

236
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GCG Chairperson Atty. Marius P. Corpus: sustaining the talent pool for appointed positions,

237
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GCG Chairperson Atty. Marius P. Corpus: supporting the liquidation of GOCCs

238
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GCG Chairperson Atty. Marius P. Corpus: approved for abolition,

239
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GCG Chairperson Atty. Marius P. Corpus: and

240
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GCG Chairperson Atty. Marius P. Corpus: enhancing the Corporate Governance Scorecard, and pursuing organizational structuring plans for GOCCs.

241
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GCG Chairperson Atty. Marius P. Corpus: In addition to its Tier 1 priorities, the proposed additional budget will also support GCG's Tier 2 initiatives,

242
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GCG Chairperson Atty. Marius P. Corpus: aimed at sustaining and enhancing its long-term capabilities.

243
00:15:21,600 --> 00:15:25,640
GCG Chairperson Atty. Marius P. Corpus: These include fleet modernization to improve operational mobility,

244
00:15:25,640 --> 00:15:33,900
GCG Chairperson Atty. Marius P. Corpus: the continued enhancement of the enhanced ICRS, the digital transformation initiatives.

245
00:15:38,080 --> 00:15:42,920
GCG Chairperson Atty. Marius P. Corpus: The budget will likewise support organizational expansion requirements,

246
00:15:43,760 --> 00:15:51,800
GCG Chairperson Atty. Marius P. Corpus: institutionalization of ESG and sustainability initiatives in line with OECD and international standards,

247
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GCG Chairperson Atty. Marius P. Corpus: and the development of strategic local and international initiatives.

248
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GCG Chairperson Atty. Marius P. Corpus: The budget will also support international partnerships to elevate governance standards across the GOCC sector.

249
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GCG Chairperson Atty. Marius P. Corpus: For 2027, the GCG has been allocated 408.382 million pesos,

250
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GCG Chairperson Atty. Marius P. Corpus: which accounts for 171 filled plantilla positions, or P197.920 million.

251
00:16:23,380 --> 00:16:25,260
GCG Chairperson Atty. Marius P. Corpus: P174.389 million

252
00:16:25,640 --> 00:16:32,880
GCG Chairperson Atty. Marius P. Corpus: of maintenance and operating expenses, and P36.073 million of capital outlay.

253
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GCG Chairperson Atty. Marius P. Corpus: Moving on to our financial performance, this slide outlines...

254
00:16:38,820 --> 00:16:41,120
Senator Paolo Benigno "Bam" Aquino IV: Atty., let me just interrupt you for a while.

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Senator Paolo Benigno "Bam" Aquino IV: Let me recognize our Chairperson of Finance, Senator J.V. Ejercito.

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Senator Paolo Benigno "Bam" Aquino IV: Good afternoon, Your Honor.

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Senator Paolo Benigno "Bam" Aquino IV: We're in the middle of the presentation, but I also know the Chairman is bilocating today.

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Senator Paolo Benigno "Bam" Aquino IV: Would you want a statement first?

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Senator Joseph Victor "JV" G. Ejercito: Yeah, sorry, Atty. Corpus.

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Senator Joseph Victor "JV" G. Ejercito: We will be transferring to...

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00:16:56,820 --> 00:16:59,860
Senator Joseph Victor "JV" G. Ejercito: Atty. Corpus, you may go ahead. I'll just, ano, I'll just provide my questions.

262
00:16:59,860 --> 00:17:00,780
Senator Joseph Victor "JV" G. Ejercito: Please go ahead. Thank you.

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GCG Chairperson Atty. Marius P. Corpus: Moving on to our financial performance, this slide outlines our Fiscal Year 2026

264
00:17:14,960 --> 00:17:17,680
GCG Chairperson Atty. Marius P. Corpus: General Appropriations Act Budget Utilization.

265
00:17:18,460 --> 00:17:25,620
GCG Chairperson Atty. Marius P. Corpus: Our core takeaway is that out of our released GAA budget of P394.549 million,

266
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GCG Chairperson Atty. Marius P. Corpus: we have successfully obligated P217.452 million as of August 31, 2026,

267
00:17:36,800 --> 00:17:42,620
GCG Chairperson Atty. Marius P. Corpus: representing an overall budget utilization rate of 55.11 percent.

268
00:17:43,760 --> 00:17:46,440
GCG Chairperson Atty. Marius P. Corpus: Looking closer at our expenditure classes,

269
00:17:47,820 --> 00:17:52,480
GCG Chairperson Atty. Marius P. Corpus: personal services stands at P206.017 million

270
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GCG Chairperson Atty. Marius P. Corpus: with P123

271
00:17:55,640 --> 00:17:58,720
GCG Chairperson Atty. Marius P. Corpus: .852 million already obligated.

272
00:17:59,340 --> 00:18:02,960
GCG Chairperson Atty. Marius P. Corpus: A strong utilization rate of 60.10 percent.

273
00:18:04,020 --> 00:18:10,600
GCG Chairperson Atty. Marius P. Corpus: Maintenance and other operating expenses accounts for P188.532 million

274
00:18:10,600 --> 00:18:18,040
GCG Chairperson Atty. Marius P. Corpus: with P93.600 million obligated, tracking at 49.65 percent.

275
00:18:19,380 --> 00:18:24,000
GCG Chairperson Atty. Marius P. Corpus: We currently have no allocations for capital outlay.

276
00:18:24,800 --> 00:18:25,000
GCG Chairperson Atty. Marius P. Corpus: When

277
00:18:25,640 --> 00:18:54,140
GCG Chairperson Atty. Marius P. Corpus: accounting for external budget adjustments, specifically adding the performance-based bonus release of P0.922 million and deducting the P6.286 million in savings generated from National Budget Circular 602, our final net fiscal year 2026 GCG budget total stands at P389.185 million.

278
00:18:54,140 --> 00:19:10,200
GCG Chairperson Atty. Marius P. Corpus: With total obligations reaching P218.322 million, our net budget utilization rate steps up to 56.10% as we head into the final third of the fiscal year.

279
00:19:12,100 --> 00:19:23,700
GCG Chairperson Atty. Marius P. Corpus: This multi-year trend highlights the GECG's budget trajectory, anchored by two major funding spikes directly tied to the compensation and position classification system.

280
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GCG Chairperson Atty. Marius P. Corpus: The first spike in 2019, funding rose sharply to $258.2 million for the initial implementation, maintaining a strong 80% utilization rate.

281
00:19:45,920 --> 00:19:53,900
GCG Chairperson Atty. Marius P. Corpus: The second spike in 2023 for the second review, allocation peaked at an all-time high of P421.6 million.

282
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GCG Chairperson Atty. Marius P. Corpus: This comprehensive review tested our absorption capacity. The true success story follows those spikes. [laughter] As funding normalized in 2024 and 2025, we achieved operational efficiency, driving our budget utilization rates up to 88.93% and 90.59%.

283
00:20:24,420 --> 00:20:38,640
GCG Chairperson Atty. Marius P. Corpus: Currently, for 2026, we stand at $394.5 million, with utilization tracking steadily at 51.56% as of mid-year.

284
00:20:39,860 --> 00:20:51,940
GCG Chairperson Atty. Marius P. Corpus: Moving into 2027, the proposed $408.3 million NEP ceiling ensures we sustain this momentum and continue our rigorous oversight mandates.

285
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GCG Chairperson Atty. Marius P. Corpus: The slide on our major programs, activities, and projects, Your Honors, are reflected in the, are reflected.

286
00:21:06,880 --> 00:21:08,880
GCG Chairperson Atty. Marius P. Corpus: Next slide, please.

287
00:21:10,100 --> 00:21:15,480
GCG Chairperson Atty. Marius P. Corpus: This final slide outlines our Tier 2 proposed additional budget,

288
00:21:15,480 --> 00:21:24,700
GCG Chairperson Atty. Marius P. Corpus: totaling P207,846,000 for priority projects.

289
00:21:25,880 --> 00:21:32,600
GCG Chairperson Atty. Marius P. Corpus: These strategic funds are critical to scaling our operational capacity,

290
00:21:33,600 --> 00:21:37,720
GCG Chairperson Atty. Marius P. Corpus: ensuring safety, and modernizing our digital infrastructure.

291
00:21:38,520 --> 00:21:41,880
GCG Chairperson Atty. Marius P. Corpus: The proposal is broken down into three major items.

292
00:21:42,220 --> 00:21:44,680
GCG Chairperson Atty. Marius P. Corpus: Additional MOOE funding,

293
00:21:44,680 --> 00:21:53,120
GCG Chairperson Atty. Marius P. Corpus: of P25,942,000 required to support rising operational expenses

294
00:21:53,120 --> 00:21:59,160
GCG Chairperson Atty. Marius P. Corpus: driven directly by our increased manpower and expanding regulatory capacity.

295
00:22:00,540 --> 00:22:08,160
GCG Chairperson Atty. Marius P. Corpus: Motor reflating program of P12 million urgently needed to replace aging GCG motor vehicles

296
00:22:08,160 --> 00:22:10,520
GCG Chairperson Atty. Marius P. Corpus: that have exceeded their useful life,

297
00:22:11,200 --> 00:22:14,660
GCG Chairperson Atty. Marius P. Corpus: with our oldest vehicle now running for almost 13 years.

298
00:22:15,660 --> 00:22:18,940
GCG Chairperson Atty. Marius P. Corpus: Enhancement of major ICT projects,

299
00:22:19,700 --> 00:22:23,800
GCG Chairperson Atty. Marius P. Corpus: 169,904,000.

300
00:22:24,200 --> 00:22:30,180
GCG Chairperson Atty. Marius P. Corpus: Our largest investment covering both MOOE and capital outlay

301
00:22:30,180 --> 00:22:33,500
GCG Chairperson Atty. Marius P. Corpus: to procure critical ICT equipment,

302
00:22:34,320 --> 00:22:36,120
GCG Chairperson Atty. Marius P. Corpus: scale up services and infrastructure,

303
00:22:36,960 --> 00:22:39,680
GCG Chairperson Atty. Marius P. Corpus: and reinforce our cybersecurity defenses.

304
00:22:41,120 --> 00:22:44,460
GCG Chairperson Atty. Marius P. Corpus: Following the approval of the GCG's

305
00:22:44,680 --> 00:22:46,480
GCG Chairperson Atty. Marius P. Corpus: revised organizational restructuring

306
00:22:46,480 --> 00:22:47,760
GCG Chairperson Atty. Marius P. Corpus: and staffing pattern,

307
00:22:47,760 --> 00:22:53,140
GCG Chairperson Atty. Marius P. Corpus: An additional budgetary allocation under its maintenance and other operating expenses

308
00:22:53,140 --> 00:22:58,980
GCG Chairperson Atty. Marius P. Corpus: in the amount of P25,942,000 is formally requested.

309
00:23:00,020 --> 00:23:01,520
GCG Chairperson Atty. Marius P. Corpus: The approved restructuring,

310
00:23:01,980 --> 00:23:06,940
GCG Chairperson Atty. Marius P. Corpus: which expands the headcount from 239 to 292 positions,

311
00:23:07,860 --> 00:23:12,480
GCG Chairperson Atty. Marius P. Corpus: was strategically instituted to optimize institutional efficiency

312
00:23:12,480 --> 00:23:14,460
GCG Chairperson Atty. Marius P. Corpus: and enhance public service.

313
00:23:14,680 --> 00:23:20,880
GCG Chairperson Atty. Marius P. Corpus: While the core compensation for the expanded headcount

314
00:23:20,880 --> 00:23:23,460
GCG Chairperson Atty. Marius P. Corpus: is separately accounted for,

315
00:23:23,460 --> 00:23:28,380
GCG Chairperson Atty. Marius P. Corpus: the requested MOOE augmentation is critically required

316
00:23:28,380 --> 00:23:30,980
GCG Chairperson Atty. Marius P. Corpus: to provide the operational support,

317
00:23:31,480 --> 00:23:36,640
GCG Chairperson Atty. Marius P. Corpus: tools and infrastructure necessary for the additional authorized positions to function.

318
00:23:37,900 --> 00:23:41,320
GCG Chairperson Atty. Marius P. Corpus: This requested MOOE augmentation

319
00:23:41,320 --> 00:23:44,460
GCG Chairperson Atty. Marius P. Corpus: is thus intended to directly fund the essential needs,

320
00:23:44,680 --> 00:23:48,280
GCG Chairperson Atty. Marius P. Corpus: the financial and logistical requirements of the expanded workforce,

321
00:23:48,840 --> 00:23:51,840
GCG Chairperson Atty. Marius P. Corpus: including the procurement of additional office supplies

322
00:23:51,840 --> 00:23:54,760
GCG Chairperson Atty. Marius P. Corpus: and other day-to-day operational needs.

323
00:23:55,960 --> 00:23:56,620
GCG Chairperson Atty. Marius P. Corpus: Furthermore,

324
00:23:57,280 --> 00:24:00,740
GCG Chairperson Atty. Marius P. Corpus: it will cover the incremental increases in utility expenses,

325
00:24:01,340 --> 00:24:02,960
GCG Chairperson Atty. Marius P. Corpus: communication allowances,

326
00:24:03,800 --> 00:24:07,600
GCG Chairperson Atty. Marius P. Corpus: and travel costs directly associated with expanded operations

327
00:24:07,600 --> 00:24:10,900
GCG Chairperson Atty. Marius P. Corpus: of the GCG's corporate governance offices.

328
00:24:12,000 --> 00:24:13,620
GCG Chairperson Atty. Marius P. Corpus: For easy reference,

329
00:24:13,620 --> 00:24:16,180
GCG Chairperson Atty. Marius P. Corpus: presented is the breakdown of the

330
00:24:16,180 --> 00:24:17,900
GCG Chairperson Atty. Marius P. Corpus: requested MOOE

331
00:24:17,900 --> 00:24:19,040
GCG Chairperson Atty. Marius P. Corpus: augmentation.

332
00:24:21,180 --> 00:24:22,720
GCG Chairperson Atty. Marius P. Corpus: Next slide, please.

333
00:24:24,100 --> 00:24:24,740
GCG Chairperson Atty. Marius P. Corpus: For the

334
00:24:24,740 --> 00:24:26,660
GCG Chairperson Atty. Marius P. Corpus: motor vehicle

335
00:24:26,660 --> 00:24:27,700
GCG Chairperson Atty. Marius P. Corpus: reflating program.

336
00:24:28,520 --> 00:24:30,180
GCG Chairperson Atty. Marius P. Corpus: In addition to the operational

337
00:24:30,180 --> 00:24:32,040
GCG Chairperson Atty. Marius P. Corpus: requirements, a supplementary

338
00:24:32,040 --> 00:24:34,140
GCG Chairperson Atty. Marius P. Corpus: budgetary allocation under capital

339
00:24:34,140 --> 00:24:36,100
GCG Chairperson Atty. Marius P. Corpus: outlay in the amount of

340
00:24:36,100 --> 00:24:38,040
GCG Chairperson Atty. Marius P. Corpus: 12 million is formally requested

341
00:24:38,040 --> 00:24:40,120
GCG Chairperson Atty. Marius P. Corpus: for the procurement of

342
00:24:40,120 --> 00:24:41,260
GCG Chairperson Atty. Marius P. Corpus: new motor vehicles.

343
00:24:41,260 --> 00:24:43,400
GCG Chairperson Atty. Marius P. Corpus: This capital investment

344
00:24:43,400 --> 00:24:45,320
GCG Chairperson Atty. Marius P. Corpus: is urgently required to

345
00:24:45,320 --> 00:24:47,200
GCG Chairperson Atty. Marius P. Corpus: replace the GCG's aging and

346
00:24:47,200 --> 00:24:49,340
GCG Chairperson Atty. Marius P. Corpus: deteriorating fleet, which has

347
00:24:49,340 --> 00:24:50,520
GCG Chairperson Atty. Marius P. Corpus: far exceeded its

348
00:24:50,520 --> 00:24:52,520
GCG Chairperson Atty. Marius P. Corpus: economic service life.

349
00:24:53,580 --> 00:24:54,460
GCG Chairperson Atty. Marius P. Corpus: Currently,

350
00:24:55,340 --> 00:24:57,280
GCG Chairperson Atty. Marius P. Corpus: the existing vehicles present

351
00:24:57,280 --> 00:24:58,960
GCG Chairperson Atty. Marius P. Corpus: escalating repair and maintenance

352
00:24:58,960 --> 00:25:01,560
GCG Chairperson Atty. Marius P. Corpus: costs, frequent operational

353
00:25:01,560 --> 00:25:03,160
GCG Chairperson Atty. Marius P. Corpus: downtime, and compromised

354
00:25:03,160 --> 00:25:05,060
GCG Chairperson Atty. Marius P. Corpus: safety standards for personnel.

355
00:25:06,220 --> 00:25:07,380
GCG Chairperson Atty. Marius P. Corpus: Given the recently

356
00:25:07,380 --> 00:25:09,720
GCG Chairperson Atty. Marius P. Corpus: approved reorganization of the GCG

357
00:25:09,720 --> 00:25:11,140
GCG Chairperson Atty. Marius P. Corpus: and the resulting

358
00:25:11,140 --> 00:25:12,640
GCG Chairperson Atty. Marius P. Corpus: expansion of authorized

359
00:25:12,640 --> 00:25:14,680
GCG Chairperson Atty. Marius P. Corpus: headcount, the demand for

360
00:25:14,680 --> 00:25:17,100
GCG Chairperson Atty. Marius P. Corpus: reliable mobility assets

361
00:25:17,100 --> 00:25:18,160
GCG Chairperson Atty. Marius P. Corpus: has intensified.

362
00:25:19,160 --> 00:25:20,520
GCG Chairperson Atty. Marius P. Corpus: The procurement of these

363
00:25:20,520 --> 00:25:22,580
GCG Chairperson Atty. Marius P. Corpus: replacement vehicles is critical

364
00:25:22,580 --> 00:25:24,580
GCG Chairperson Atty. Marius P. Corpus: to ensuring that the newly expanded

365
00:25:24,580 --> 00:25:26,820
GCG Chairperson Atty. Marius P. Corpus: workforce can seamlessly

366
00:25:26,820 --> 00:25:28,320
GCG Chairperson Atty. Marius P. Corpus: conduct field inspections,

367
00:25:29,260 --> 00:25:30,860
GCG Chairperson Atty. Marius P. Corpus: deliver frontline services,

368
00:25:31,380 --> 00:25:32,760
GCG Chairperson Atty. Marius P. Corpus: and execute mandated

369
00:25:32,760 --> 00:25:34,560
GCG Chairperson Atty. Marius P. Corpus: regional operations without

370
00:25:34,560 --> 00:25:35,900
GCG Chairperson Atty. Marius P. Corpus: logistical delays.

371
00:25:37,180 --> 00:25:38,160
GCG Chairperson Atty. Marius P. Corpus: This requested

372
00:25:38,160 --> 00:25:41,040
GCG Chairperson Atty. Marius P. Corpus: capital outlay allocation

373
00:25:41,040 --> 00:25:42,800
GCG Chairperson Atty. Marius P. Corpus: will directly fund

374
00:25:42,800 --> 00:25:44,080
GCG Chairperson Atty. Marius P. Corpus: the acquisition of three

375
00:25:44,080 --> 00:25:46,620
GCG Chairperson Atty. Marius P. Corpus: multipurpose vehicles and three

376
00:25:46,620 --> 00:25:48,660
GCG Chairperson Atty. Marius P. Corpus: passenger vans in strict

377
00:25:48,660 --> 00:25:50,620
GCG Chairperson Atty. Marius P. Corpus: compliance with existing government

378
00:25:50,620 --> 00:25:52,840
GCG Chairperson Atty. Marius P. Corpus: procurement guidelines and

379
00:25:52,840 --> 00:25:55,020
GCG Chairperson Atty. Marius P. Corpus: vehicle categorization standards.

380
00:25:56,180 --> 00:25:56,860
GCG Chairperson Atty. Marius P. Corpus: Replacing

381
00:25:56,860 --> 00:25:58,780
GCG Chairperson Atty. Marius P. Corpus: the GCG's aging assets

382
00:25:58,780 --> 00:26:00,660
GCG Chairperson Atty. Marius P. Corpus: will immediately mitigate the

383
00:26:00,660 --> 00:26:02,120
GCG Chairperson Atty. Marius P. Corpus: high recurrent expenditures

384
00:26:02,120 --> 00:26:04,720
GCG Chairperson Atty. Marius P. Corpus: currently spent on stopgap

385
00:26:04,720 --> 00:26:06,480
GCG Chairperson Atty. Marius P. Corpus: repairs under the operating

386
00:26:06,480 --> 00:26:08,640
GCG Chairperson Atty. Marius P. Corpus: budget, thereby promoting

387
00:26:08,640 --> 00:26:10,480
GCG Chairperson Atty. Marius P. Corpus: long-term fiscal efficiency.

388
00:26:11,040 --> 00:26:27,660
GCG Chairperson Atty. Marius P. Corpus: President Marcos has called for the realization of a digital Philippines through stronger digital infrastructure, innovation, cyber security, and a digitally-empowered workforce.

389
00:26:28,660 --> 00:26:29,840
GCG Chairperson Atty. Marius P. Corpus: Guided by this vision,

390
00:26:30,660 --> 00:26:32,480
GCG Chairperson Atty. Marius P. Corpus: the GCG continues to invest

391
00:26:32,480 --> 00:26:34,580
GCG Chairperson Atty. Marius P. Corpus: in digital transformation initiatives

392
00:26:34,580 --> 00:26:36,260
GCG Chairperson Atty. Marius P. Corpus: that strengthen

393
00:26:36,260 --> 00:26:38,340
GCG Chairperson Atty. Marius P. Corpus: governance, improve

394
00:26:38,340 --> 00:26:39,800
GCG Chairperson Atty. Marius P. Corpus: operational efficiency,

395
00:26:39,800 --> 00:26:41,800
GCG Chairperson Atty. Marius P. Corpus: enhance transparency,

396
00:26:41,800 --> 00:26:43,800
GCG Chairperson Atty. Marius P. Corpus: and secure government

397
00:26:43,800 --> 00:26:45,280
GCG Chairperson Atty. Marius P. Corpus: information systems.

398
00:26:45,800 --> 00:26:47,720
GCG Chairperson Atty. Marius P. Corpus: In support of these objectives,

399
00:26:48,100 --> 00:26:50,260
GCG Chairperson Atty. Marius P. Corpus: we respectfully present the following

400
00:26:50,260 --> 00:26:51,900
GCG Chairperson Atty. Marius P. Corpus: ICT programs

401
00:26:51,900 --> 00:26:53,580
GCG Chairperson Atty. Marius P. Corpus: and projects for consideration.

402
00:26:55,760 --> 00:26:57,760
GCG Chairperson Atty. Marius P. Corpus: First, the enhancement

403
00:26:57,760 --> 00:27:00,380
GCG Chairperson Atty. Marius P. Corpus: and maintenance of the EICRS.

404
00:27:01,160 --> 00:27:01,920
GCG Chairperson Atty. Marius P. Corpus: The GCG

405
00:27:01,920 --> 00:27:03,940
GCG Chairperson Atty. Marius P. Corpus: has already secured the support of the

406
00:27:03,940 --> 00:27:05,140
GCG Chairperson Atty. Marius P. Corpus: Asian Development Bank

407
00:27:05,140 --> 00:27:08,220
GCG Chairperson Atty. Marius P. Corpus: in developing an enhanced

408
00:27:08,220 --> 00:27:09,560
GCG Chairperson Atty. Marius P. Corpus: integrated

409
00:27:09,560 --> 00:27:11,360
GCG Chairperson Atty. Marius P. Corpus: corporate reporting system.

410
00:27:11,360 --> 00:27:13,580
GCG Chairperson Atty. Marius P. Corpus: To fully realize

411
00:27:13,580 --> 00:27:15,520
GCG Chairperson Atty. Marius P. Corpus: the benefits of this internationally

412
00:27:15,520 --> 00:27:16,760
GCG Chairperson Atty. Marius P. Corpus: supported initiative,

413
00:27:17,320 --> 00:27:19,100
GCG Chairperson Atty. Marius P. Corpus: it is equally important

414
00:27:19,100 --> 00:27:21,240
GCG Chairperson Atty. Marius P. Corpus: to provide the necessary ICT

415
00:27:21,240 --> 00:27:23,360
GCG Chairperson Atty. Marius P. Corpus: infrastructure that will

416
00:27:23,360 --> 00:27:25,520
GCG Chairperson Atty. Marius P. Corpus: sustain, secure, and expand

417
00:27:25,520 --> 00:27:26,200
GCG Chairperson Atty. Marius P. Corpus: the platform.

418
00:27:27,020 --> 00:27:29,260
GCG Chairperson Atty. Marius P. Corpus: Without the required servers,

419
00:27:29,680 --> 00:27:31,300
GCG Chairperson Atty. Marius P. Corpus: storage, software

420
00:27:31,300 --> 00:27:33,260
GCG Chairperson Atty. Marius P. Corpus: licenses, subscriptions,

421
00:27:34,080 --> 00:27:35,360
GCG Chairperson Atty. Marius P. Corpus: and cyber security

422
00:27:35,360 --> 00:27:37,360
GCG Chairperson Atty. Marius P. Corpus: tools, we risk underutilizing

423
00:27:38,100 --> 00:27:39,080
GCG Chairperson Atty. Marius P. Corpus: an important

424
00:27:39,080 --> 00:27:39,540
GCG Chairperson Atty. Marius P. Corpus: digital system.

425
00:27:39,560 --> 00:27:41,060
GCG Chairperson Atty. Marius P. Corpus: Digital Governance Investment.

426
00:27:41,940 --> 00:27:43,220
GCG Chairperson Atty. Marius P. Corpus: The EICR,

427
00:27:43,420 --> 00:27:44,000
GCG Chairperson Atty. Marius P. Corpus: as your honor,

428
00:27:44,280 --> 00:27:45,880
GCG Chairperson Atty. Marius P. Corpus: it can be accessed

429
00:27:45,880 --> 00:27:48,400
GCG Chairperson Atty. Marius P. Corpus: on the GCG website.

430
00:27:50,220 --> 00:27:51,420
GCG Chairperson Atty. Marius P. Corpus: It's available

431
00:27:51,420 --> 00:27:52,500
GCG Chairperson Atty. Marius P. Corpus: by everybody.

432
00:27:52,760 --> 00:27:54,380
GCG Chairperson Atty. Marius P. Corpus: It can be accessed by everybody.

433
00:27:54,860 --> 00:27:56,640
GCG Chairperson Atty. Marius P. Corpus: It contains, among others,

434
00:27:56,760 --> 00:27:58,320
GCG Chairperson Atty. Marius P. Corpus: the financial and non-financial

435
00:27:58,320 --> 00:28:01,500
GCG Chairperson Atty. Marius P. Corpus: condition of the GOCCs,

436
00:28:01,820 --> 00:28:03,260
GCG Chairperson Atty. Marius P. Corpus: the governing board members,

437
00:28:03,920 --> 00:28:05,180
GCG Chairperson Atty. Marius P. Corpus: and other vital

438
00:28:05,180 --> 00:28:07,460
GCG Chairperson Atty. Marius P. Corpus: information for transparency.

439
00:28:09,020 --> 00:28:09,540
GCG Chairperson Atty. Marius P. Corpus: Let's go to the next slide.

440
00:28:09,560 --> 00:28:10,440
GCG Chairperson Atty. Marius P. Corpus: The government systems

441
00:28:10,440 --> 00:28:12,440
GCG Chairperson Atty. Marius P. Corpus: become increasingly digital.

442
00:28:13,560 --> 00:28:14,900
GCG Chairperson Atty. Marius P. Corpus: Cyber security becomes

443
00:28:14,900 --> 00:28:16,140
GCG Chairperson Atty. Marius P. Corpus: a fundamental requirement

444
00:28:16,140 --> 00:28:17,860
GCG Chairperson Atty. Marius P. Corpus: for protecting government data

445
00:28:17,860 --> 00:28:19,580
GCG Chairperson Atty. Marius P. Corpus: and maintaining public trust.

446
00:28:20,700 --> 00:28:22,140
GCG Chairperson Atty. Marius P. Corpus: The GCG shall strengthen

447
00:28:22,140 --> 00:28:24,000
GCG Chairperson Atty. Marius P. Corpus: its cyber security and data

448
00:28:24,000 --> 00:28:25,260
GCG Chairperson Atty. Marius P. Corpus: governance capabilities

449
00:28:25,260 --> 00:28:28,020
GCG Chairperson Atty. Marius P. Corpus: in compliance with Executive Order

450
00:28:28,020 --> 00:28:30,240
GCG Chairperson Atty. Marius P. Corpus: No. 119 Series

451
00:28:30,240 --> 00:28:31,500
GCG Chairperson Atty. Marius P. Corpus: of 2026

452
00:28:31,500 --> 00:28:34,060
GCG Chairperson Atty. Marius P. Corpus: issued by the Office of the President,

453
00:28:34,980 --> 00:28:35,500
GCG Chairperson Atty. Marius P. Corpus: requiring

454
00:28:35,500 --> 00:28:37,880
GCG Chairperson Atty. Marius P. Corpus: government agencies to implement

455
00:28:37,880 --> 00:28:39,220
GCG Chairperson Atty. Marius P. Corpus: appropriate measures

456
00:28:39,220 --> 00:28:40,800
GCG Chairperson Atty. Marius P. Corpus: for the classification,

457
00:28:41,320 --> 00:28:43,140
GCG Chairperson Atty. Marius P. Corpus: protection, handling,

458
00:28:43,360 --> 00:28:45,160
GCG Chairperson Atty. Marius P. Corpus: and residency of government data.

459
00:28:46,100 --> 00:28:46,640
GCG Chairperson Atty. Marius P. Corpus: In addition,

460
00:28:47,520 --> 00:28:48,920
GCG Chairperson Atty. Marius P. Corpus: the GCG's participation

461
00:28:48,920 --> 00:28:51,220
GCG Chairperson Atty. Marius P. Corpus: in the National Security Operations

462
00:28:51,220 --> 00:28:53,160
GCG Chairperson Atty. Marius P. Corpus: Center, or NSOC

463
00:28:53,160 --> 00:28:55,320
GCG Chairperson Atty. Marius P. Corpus: program, and the establishment

464
00:28:55,320 --> 00:28:57,020
GCG Chairperson Atty. Marius P. Corpus: of its own organizational

465
00:28:57,020 --> 00:28:59,160
GCG Chairperson Atty. Marius P. Corpus: computer emergency response

466
00:28:59,160 --> 00:29:01,120
GCG Chairperson Atty. Marius P. Corpus: team, form part

467
00:29:01,120 --> 00:29:02,800
GCG Chairperson Atty. Marius P. Corpus: of its efforts to strengthen

468
00:29:02,800 --> 00:29:04,700
GCG Chairperson Atty. Marius P. Corpus: cyber security capabilities

469
00:29:04,700 --> 00:29:07,300
GCG Chairperson Atty. Marius P. Corpus: and support the DICT's

470
00:29:07,300 --> 00:29:09,000
GCG Chairperson Atty. Marius P. Corpus: initiatives on government-wide

471
00:29:09,000 --> 00:29:09,200
GCG Chairperson Atty. Marius P. Corpus: cyber security.

472
00:29:09,220 --> 00:29:14,120
GCG Chairperson Atty. Marius P. Corpus: In support of the DVM-approved

473
00:29:14,120 --> 00:29:15,880
GCG Chairperson Atty. Marius P. Corpus: organizational structure

474
00:29:15,880 --> 00:29:17,000
GCG Chairperson Atty. Marius P. Corpus: and staffing pattern

475
00:29:17,000 --> 00:29:19,180
GCG Chairperson Atty. Marius P. Corpus: and the GCG's continuing

476
00:29:19,180 --> 00:29:20,480
GCG Chairperson Atty. Marius P. Corpus: workforce expansion,

477
00:29:21,440 --> 00:29:22,940
GCG Chairperson Atty. Marius P. Corpus: the procurement of additional

478
00:29:22,940 --> 00:29:24,840
GCG Chairperson Atty. Marius P. Corpus: laptops and ICT equipment,

479
00:29:25,500 --> 00:29:27,120
GCG Chairperson Atty. Marius P. Corpus: including the replacement of

480
00:29:27,120 --> 00:29:29,400
GCG Chairperson Atty. Marius P. Corpus: obsolete and unserviceable units,

481
00:29:30,080 --> 00:29:31,480
GCG Chairperson Atty. Marius P. Corpus: is critical to sustaining

482
00:29:31,480 --> 00:29:33,360
GCG Chairperson Atty. Marius P. Corpus: operational efficiency across

483
00:29:33,360 --> 00:29:34,400
GCG Chairperson Atty. Marius P. Corpus: all three sites.

484
00:29:35,220 --> 00:29:37,240
GCG Chairperson Atty. Marius P. Corpus: The project will equip personnel

485
00:29:37,240 --> 00:29:39,200
GCG Chairperson Atty. Marius P. Corpus: with reliable computing resources,

486
00:29:39,220 --> 00:29:41,400
GCG Chairperson Atty. Marius P. Corpus: software subscriptions,

487
00:29:42,380 --> 00:29:43,620
GCG Chairperson Atty. Marius P. Corpus: collaboration platforms,

488
00:29:43,860 --> 00:29:45,980
GCG Chairperson Atty. Marius P. Corpus: and other essential ICT tools

489
00:29:45,980 --> 00:29:47,220
GCG Chairperson Atty. Marius P. Corpus: to enhance productivity,

490
00:29:48,800 --> 00:29:49,960
GCG Chairperson Atty. Marius P. Corpus: strengthen institutional

491
00:29:49,960 --> 00:29:52,220
GCG Chairperson Atty. Marius P. Corpus: capacity, and ensure

492
00:29:52,220 --> 00:29:54,020
GCG Chairperson Atty. Marius P. Corpus: the effective delivery of the

493
00:29:54,020 --> 00:29:55,220
GCG Chairperson Atty. Marius P. Corpus: GCG's regulatory

494
00:29:55,840 --> 00:29:58,420
GCG Chairperson Atty. Marius P. Corpus: oversight and governance

495
00:29:58,420 --> 00:29:58,980
GCG Chairperson Atty. Marius P. Corpus: mandates.

496
00:30:00,000 --> 00:30:08,060
GCG Chairperson Atty. Marius P. Corpus: Many of our existing laptops and ICT equipment are already obsolete, defective, or beyond their useful life.

497
00:30:09,120 --> 00:30:12,320
GCG Chairperson Atty. Marius P. Corpus: Continued reliance on these devices affects productivity.

498
00:30:13,420 --> 00:30:23,080
GCG Chairperson Atty. Marius P. Corpus: One of the most significant risks faced by any digital organization is the loss of critical systems during a disaster or major disruption.

499
00:30:23,080 --> 00:30:35,060
GCG Chairperson Atty. Marius P. Corpus: At present, the GCG does not have its own disaster recovery facility and remains dependent on shared resources outside the agency.

500
00:30:36,180 --> 00:30:52,720
GCG Chairperson Atty. Marius P. Corpus: Establishing a dedicated disaster recovery site will ensure the continued availability of critical systems and minimize downtime of digital services relied upon by the GOCC sector and the general public.

501
00:30:53,080 --> 00:31:07,040
GCG Chairperson Atty. Marius P. Corpus: This initiative aims to enhance and sustain the GCG main office data center infrastructure to ensure the continuous, secure, and reliable delivery of ICT services.

502
00:31:07,540 --> 00:31:23,040
GCG Chairperson Atty. Marius P. Corpus: Recent incidents, including power infrastructure failure and water leakage from malfunctioning air conditioning units, have highlighted the need to improve the data center's resiliency, reliability, and business continuity

503
00:31:23,160 --> 00:31:29,180
GCG Chairperson Atty. Marius P. Corpus: capabilities to support the Commission's expanding digital operations.

504
00:31:30,300 --> 00:31:47,300
GCG Chairperson Atty. Marius P. Corpus: Recent incidents, including the interrupted power source overheating and water leakages within the data center, have highlighted vulnerabilities that could potentially affect critical ICT infrastructure and services.

505
00:31:48,480 --> 00:31:52,440
GCG Chairperson Atty. Marius P. Corpus: Much of the ICT infrastructure supporting our head office operations

506
00:31:53,080 --> 00:31:57,980
GCG Chairperson Atty. Marius P. Corpus: is already approaching or has reached end-of-life status.

507
00:31:58,880 --> 00:32:03,520
GCG Chairperson Atty. Marius P. Corpus: Unsupported network equipment increases the risk of system failures,

508
00:32:04,280 --> 00:32:08,000
GCG Chairperson Atty. Marius P. Corpus: cybersecurity vulnerabilities, and service interruptions.

509
00:32:09,120 --> 00:32:13,660
GCG Chairperson Atty. Marius P. Corpus: Similar investments are also necessary for the ICT infrastructure

510
00:32:13,660 --> 00:32:19,040
GCG Chairperson Atty. Marius P. Corpus: deployed at the Extension Office of the GCG, the Extension Office A.

511
00:32:19,040 --> 00:32:23,360
GCG Chairperson Atty. Marius P. Corpus: 3. Existing facilities, including air conditioning units

512
00:32:23,360 --> 00:32:27,320
GCG Chairperson Atty. Marius P. Corpus: that are essential for maintaining data center operations,

513
00:32:27,980 --> 00:32:33,620
GCG Chairperson Atty. Marius P. Corpus: have experienced breakdowns that affect the reliability of ICT services.

514
00:32:34,920 --> 00:32:37,700
GCG Chairperson Atty. Marius P. Corpus: As we conclude our presentations, Your Honors,

515
00:32:38,480 --> 00:32:40,980
GCG Chairperson Atty. Marius P. Corpus: allow us to leave one final perspective.

516
00:32:41,780 --> 00:32:47,180
GCG Chairperson Atty. Marius P. Corpus: The GCG is requesting a proposed fiscal year 2027 budget

517
00:32:47,180 --> 00:32:48,980
GCG Chairperson Atty. Marius P. Corpus: of P602.40

518
00:32:49,040 --> 00:32:53,240
GCG Chairperson Atty. Marius P. Corpus: million, including both Tier 1 and Tier 2.

519
00:32:54,180 --> 00:33:00,660
GCG Chairperson Atty. Marius P. Corpus: Relative to the fiscal year 2026 budget of 6.79 trillion,

520
00:33:01,940 --> 00:33:08,140
GCG Chairperson Atty. Marius P. Corpus: this represents only 0.0089% of the total government appropriations.

521
00:33:08,940 --> 00:33:12,560
GCG Chairperson Atty. Marius P. Corpus: Nevertheless, with this modest share of the national budget,

522
00:33:13,460 --> 00:33:16,700
GCG Chairperson Atty. Marius P. Corpus: the GCG performs oversight over a GOC sector

523
00:33:16,700 --> 00:33:18,600
GCG Chairperson Atty. Marius P. Corpus: that manages trillions.

524
00:33:19,040 --> 00:33:23,140
GCG Chairperson Atty. Marius P. Corpus: In addition, the GCG is also responsible for the financial and public assets,

525
00:33:23,140 --> 00:33:25,520
GCG Chairperson Atty. Marius P. Corpus: generates revenues for government,

526
00:33:25,520 --> 00:33:30,020
GCG Chairperson Atty. Marius P. Corpus: and contributes to substantial dividend remittances to the national treasury.

527
00:33:30,020 --> 00:33:35,180
GCG Chairperson Atty. Marius P. Corpus: The resources entrusted to us are only a small fraction of the value

528
00:33:35,180 --> 00:33:40,140
GCG Chairperson Atty. Marius P. Corpus: we help protect, monitor, and optimize on behalf of the Filipino people.

529
00:33:41,420 --> 00:33:49,020
GCG Chairperson Atty. Marius P. Corpus: Through our governance reforms, performance management, fiscal oversight, digital transformation, and

530
00:33:49,040 --> 00:33:57,500
GCG Chairperson Atty. Marius P. Corpus: accountability measures, the GCG helps ensure that GOCCs remain financially sound

531
00:33:57,500 --> 00:34:01,120
GCG Chairperson Atty. Marius P. Corpus: and responsive to national development policies.

532
00:34:02,340 --> 00:34:06,600
GCG Chairperson Atty. Marius P. Corpus: Our proposed budget is an investment that enables the Governance Commission

533
00:34:06,600 --> 00:34:15,720
GCG Chairperson Atty. Marius P. Corpus: to continue safeguarding public resources and maximizing the value that GOCCs deliver to the Filipino people.

534
00:34:16,140 --> 00:34:18,620
GCG Chairperson Atty. Marius P. Corpus: Guided by the vision of our President,

535
00:34:19,040 --> 00:34:23,800
GCG Chairperson Atty. Marius P. Corpus: the GCG remains committed to strengthening governance across the sector

536
00:34:23,800 --> 00:34:28,980
GCG Chairperson Atty. Marius P. Corpus: and ensuring that every GOCC contributes meaningfully to nation-building.

537
00:34:29,820 --> 00:34:33,120
GCG Chairperson Atty. Marius P. Corpus: With your continued support, Your Honors, we can sustain these gains

538
00:34:33,120 --> 00:34:37,800
GCG Chairperson Atty. Marius P. Corpus: and further advance a GOCC sector that delivers greater value,

539
00:34:38,700 --> 00:34:42,200
GCG Chairperson Atty. Marius P. Corpus: greater accountability, and greater service to the Filipino people.

540
00:34:43,000 --> 00:34:47,220
GCG Chairperson Atty. Marius P. Corpus: For these reasons, we respectfully seek the favorable consideration

541
00:34:47,220 --> 00:34:48,260
GCG Chairperson Atty. Marius P. Corpus: of the honorable

542
00:34:49,040 --> 00:34:51,160
GCG Chairperson Atty. Marius P. Corpus: subcommittee for the GCG's

543
00:34:51,160 --> 00:34:55,620
GCG Chairperson Atty. Marius P. Corpus: fiscal year 2027 proposed budget.

544
00:34:55,760 --> 00:34:57,340
GCG Chairperson Atty. Marius P. Corpus: Thank you very much, Your Honor.

545
00:34:57,360 --> 00:34:58,240
Senator Paolo Benigno "Bam" Aquino IV: Thank you, Attorney Corpus.

546
00:34:58,340 --> 00:34:58,660
Senator Paolo Benigno "Bam" Aquino IV: Thank you very much.

547
00:34:59,820 --> 00:35:03,080
Senator Paolo Benigno "Bam" Aquino IV: Just a few questions and then we'll go to DTI.

548
00:35:03,380 --> 00:35:06,960
Senator Paolo Benigno "Bam" Aquino IV: I think the Chairman also has questions more for DTI than for GCG.

549
00:35:07,680 --> 00:35:15,760
Senator Paolo Benigno "Bam" Aquino IV: Of the 113 GOCCs in your purview, is that the correct word?

550
00:35:15,920 --> 00:35:17,060
Senator Paolo Benigno "Bam" Aquino IV: Or in your stable?

551
00:35:17,060 --> 00:35:17,180
Senator Paolo Benigno "Bam" Aquino IV: In your stable.

552
00:35:19,040 --> 00:35:26,380
Senator Paolo Benigno "Bam" Aquino IV: Ilan po doon yung nag-remit sa gobyerno? Ilan po doon yung kailangan sustentuhan ng gobyerno?

553
00:35:26,520 --> 00:35:27,700
Senator Paolo Benigno "Bam" Aquino IV: Neto, Net.

554
00:35:28,600 --> 00:35:33,480
GCG Chairperson Atty. Marius P. Corpus: Yes, actually Your Honor, the count is down to 112.

555
00:35:33,980 --> 00:35:42,480
GCG Chairperson Atty. Marius P. Corpus: Because GOCC, specifically if I recall right, the Philippine Aerospace Development Corporation

556
00:35:42,480 --> 00:35:49,600
GCG Chairperson Atty. Marius P. Corpus: had expired, its existence had expired early this year.

557
00:35:50,160 --> 00:35:53,420
GCG Chairperson Atty. Marius P. Corpus: So there are only 112 GOCCs left.

558
00:35:54,600 --> 00:36:00,920
Senator Paolo Benigno "Bam" Aquino IV: So of the 112, ilan po doon yung nag-remit at ilan po doon yung kailangan sustentuhan na neto?

559
00:36:01,460 --> 00:36:05,260
GCG Chairperson Atty. Marius P. Corpus: Yes, we have the list Your Honor, I don't have it with me right now.

560
00:36:06,120 --> 00:36:10,320
Senator Paolo Benigno "Bam" Aquino IV: Anybody can answer? Director Kenneth, for the record.

561
00:36:11,060 --> 00:36:12,220
GCG Director Kenneth M. Rafols: Hello, good afternoon.

562
00:36:12,480 --> 00:36:21,220
GCG Director Kenneth M. Rafols: As of 2025, 43 GOCCs remits dividends, then 27 is subsidized po.

563
00:36:22,180 --> 00:36:27,720
Senator Paolo Benigno "Bam" Aquino IV: Could you, like which GOCCs would have the biggest subsidies?

564
00:36:28,400 --> 00:36:33,020
Senator Paolo Benigno "Bam" Aquino IV: Just for the record lang para alam rin namin ni Chairperson JV.

565
00:36:35,560 --> 00:36:38,480
GCG Director Kenneth M. Rafols: For 2025, Senator, it's PhilHealth po.

566
00:36:39,120 --> 00:36:41,520
Senator Paolo Benigno "Bam" Aquino IV: PhilHealth has the biggest subsidy?

567
00:36:41,520 --> 00:36:42,080
GCG Director Kenneth M. Rafols: Yes po.

568
00:36:42,080 --> 00:36:42,820
Senator Paolo Benigno "Bam" Aquino IV: And what else pa?

569
00:36:44,180 --> 00:36:47,760
GCG Director Kenneth M. Rafols: And National Irrigation Administration, or NIA po.

570
00:36:48,160 --> 00:36:48,380
Senator Paolo Benigno "Bam" Aquino IV: Okay.

571
00:36:49,400 --> 00:36:58,440
Senator Paolo Benigno "Bam" Aquino IV: And tama ba, Attorney Corpus, is it the goal of all GOCCs to eventually be net positive

572
00:36:58,440 --> 00:37:00,560
Senator Paolo Benigno "Bam" Aquino IV: and remitting to the government or not necessarily?

573
00:37:01,540 --> 00:37:09,780
GCG Chairperson Atty. Marius P. Corpus: Not necessarily, Your Honor, because there are certain GOCCs that have mandates that cater directly to the public

574
00:37:09,780 --> 00:37:11,780
GCG Chairperson Atty. Marius P. Corpus: and for this they would need...

575
00:37:12,080 --> 00:37:13,080
Senator Paolo Benigno "Bam" Aquino IV: Yes po.

576
00:37:13,080 --> 00:37:17,980
GCG Chairperson Atty. Marius P. Corpus: ...subsidies from the national government, but we also monitor their performance in terms

577
00:37:17,980 --> 00:37:25,020
GCG Chairperson Atty. Marius P. Corpus: of their utilization of the subsidy allocated to them, if it is effective as far as...

578
00:37:25,020 --> 00:37:27,100
Senator Paolo Benigno "Bam" Aquino IV: Could you give us some examples, Attorney Corpus?

579
00:37:27,560 --> 00:37:30,920
GCG Chairperson Atty. Marius P. Corpus: Yes, the National Food Authority.

580
00:37:31,880 --> 00:37:34,620
Senator Paolo Benigno "Bam" Aquino IV: Can we have the National?

581
00:37:34,860 --> 00:37:36,800
Senator Paolo Benigno "Bam" Aquino IV: Anyone from your team can answer.

582
00:37:48,240 --> 00:37:57,960
GCG Corporate Standards Office Director IV Atty. Jocelyn Grace N. Navato: Yeah. For NFA po, for 2025, it received a subsidy of 14 billion, but it's performing its social

583
00:37:57,960 --> 00:38:01,380
GCG Corporate Standards Office Director IV Atty. Jocelyn Grace N. Navato: mandate of buffer stocking.

584
00:38:01,380 --> 00:38:06,500
Senator Paolo Benigno "Bam" Aquino IV: Well, we know that there were some issues with the NFA after the rice tarification law,

585
00:38:06,500 --> 00:38:07,080
Senator Paolo Benigno "Bam" Aquino IV: di ba?

586
00:38:08,360 --> 00:38:09,580
Senator Paolo Benigno "Bam" Aquino IV: In any case,

587
00:38:09,680 --> 00:38:11,100
Senator Paolo Benigno "Bam" Aquino IV: you assess every

588
00:38:11,100 --> 00:38:11,800
Senator Paolo Benigno "Bam" Aquino IV: GOCC.

589
00:38:12,480 --> 00:38:22,340
Senator Paolo Benigno "Bam" Aquino IV: Some have a clear mandate that they should be remitting, and some, their mandate is based on their charter or based on the law that created them.

590
00:38:22,540 --> 00:38:23,840
Senator Paolo Benigno "Bam" Aquino IV: So you judge them differently.

591
00:38:24,420 --> 00:38:24,820
GCG Chairperson Atty. Marius P. Corpus: Yes, Your Honor.

592
00:38:24,860 --> 00:38:30,360
Senator Paolo Benigno "Bam" Aquino IV: So it's not necessarily true that your ultimate indicator is how much you remit.

593
00:38:30,480 --> 00:38:35,940
Senator Paolo Benigno "Bam" Aquino IV: Kasi usually, pag-GOCC, ang tinitinan ng tao, magkano ba yung nababalik sa gobyerno.

594
00:38:36,360 --> 00:38:37,380
Senator Paolo Benigno "Bam" Aquino IV: Tama ba yun, Atty. Marius?

595
00:38:37,480 --> 00:38:38,280
GCG Chairperson Atty. Marius P. Corpus: Yes, Yes, Your Honor.

596
00:38:38,280 --> 00:38:49,980
GCG Chairperson Atty. Marius P. Corpus: Then for the record, Your Honor, as far as the National Food Authority is concerned, their performance is actually improving for the past two years.

597
00:38:50,700 --> 00:38:53,800
GCG Chairperson Atty. Marius P. Corpus: There's an upward turn in their performance rating.

598
00:38:54,060 --> 00:39:02,520
Senator Paolo Benigno "Bam" Aquino IV: When we say GOCC, it has the nature of a corporation, so they're allowed to engage in business, correct?

599
00:39:02,920 --> 00:39:07,500
GCG Chairperson Atty. Marius P. Corpus: Our GOCC is allowed to engage in commercial operations, Your Honor.

600
00:39:07,500 --> 00:39:07,820
Senator Paolo Benigno "Bam" Aquino IV: Yes.

601
00:39:08,280 --> 00:39:16,740
GCG Chairperson Atty. Marius P. Corpus: But it's not necessarily the case that all GOCCs are expected to transact or expected to do commercial transactions.

602
00:39:16,900 --> 00:39:17,280
GCG Chairperson Atty. Marius P. Corpus: Not necessarily.

603
00:39:17,280 --> 00:39:23,140
GCG Chairperson Atty. Marius P. Corpus: In fact, the classification of GOCCs are categorized into three.

604
00:39:23,680 --> 00:39:32,660
GCG Chairperson Atty. Marius P. Corpus: Those that are subsidized by the national government, that those that are performing public functions but are allowed to engage in commercial activities,

605
00:39:33,260 --> 00:39:38,280
GCG Chairperson Atty. Marius P. Corpus: and those that are engaged in commercial activities in competition

606
00:39:38,280 --> 00:39:39,680
GCG Chairperson Atty. Marius P. Corpus: with the private sector.

607
00:39:40,080 --> 00:39:50,060
Senator Paolo Benigno "Bam" Aquino IV: So, we saw in your presentation that over the past 12 years, the remittances have grown higher, correct?

608
00:39:50,200 --> 00:39:51,620
Senator Paolo Benigno "Bam" Aquino IV: Which is, of course, an accomplishment.

609
00:39:52,580 --> 00:40:02,500
Senator Paolo Benigno "Bam" Aquino IV: But, siguro if we leave that as our only or as our main metric, it will create the impression that all GOCCs need to remit, which is not necessarily the case.

610
00:40:02,760 --> 00:40:02,920
GCG Chairperson Atty. Marius P. Corpus: Sure.

611
00:40:02,920 --> 00:40:07,920
Senator Paolo Benigno "Bam" Aquino IV: So, in your assessment of the 113, now 112 GOCCs,

612
00:40:08,280 --> 00:40:12,760
Senator Paolo Benigno "Bam" Aquino IV: are all of them hitting their mandates?

613
00:40:13,680 --> 00:40:18,040
Senator Paolo Benigno "Bam" Aquino IV: Setting aside the remittance part, kasi hindi naman lahat expected na mag-remit.

614
00:40:19,520 --> 00:40:21,100
Senator Paolo Benigno "Bam" Aquino IV: How would you categorize them?

615
00:40:21,360 --> 00:40:30,720
Senator Paolo Benigno "Bam" Aquino IV: Like, how many would be high-performing, satisfactory, and how many would be performing under the standards that you have set?

616
00:40:30,860 --> 00:40:32,500
Senator Paolo Benigno "Bam" Aquino IV: Because this is really the job of GCG, di ba?

617
00:40:32,560 --> 00:40:33,580
Senator Paolo Benigno "Bam" Aquino IV: To monitor all of them.

618
00:40:33,860 --> 00:40:34,240
GCG Chairperson Atty. Marius P. Corpus: Yes, Your Honor.

619
00:40:35,040 --> 00:40:38,040
GCG Chairperson Atty. Marius P. Corpus: Well, as of now, Your Honor,

620
00:40:38,280 --> 00:40:44,780
GCG Chairperson Atty. Marius P. Corpus: unfortunately, there are some GOCCs that are, you know, not really performing up to par.

621
00:40:45,880 --> 00:41:00,540
GCG Chairperson Atty. Marius P. Corpus: And, in fact, the performance rate, as I have stated, Ariel, is about 67 percent, which is an improvement from previous years, Your Honor.

622
00:41:00,540 --> 00:41:07,360
Senator Paolo Benigno "Bam" Aquino IV: Yeah, would you be able, just for the record, no, if you could help us understand of the 112,

623
00:41:08,280 --> 00:41:11,640
Senator Paolo Benigno "Bam" Aquino IV: ano yung category ng performance nila, based on your assessment?

624
00:41:11,860 --> 00:41:13,960
Senator Paolo Benigno "Bam" Aquino IV: Kasi that's not in this, it's not in your slides.

625
00:41:14,240 --> 00:41:14,500
GCG Chairperson Atty. Marius P. Corpus: Yes.

626
00:41:14,780 --> 00:41:16,380
Senator Paolo Benigno "Bam" Aquino IV: Yeah, would you be able to submit that to the...

627
00:41:16,380 --> 00:41:17,460
GCG Chairperson Atty. Marius P. Corpus: Yes, Your Honor, maybe.

628
00:41:17,460 --> 00:41:23,400
Senator Paolo Benigno "Bam" Aquino IV: Para lang the senators are also advised on the performance of these GOCCs.

629
00:41:23,620 --> 00:41:24,600
Senator Paolo Benigno "Bam" Aquino IV: Could you give us an example?

630
00:41:24,760 --> 00:41:32,040
Senator Paolo Benigno "Bam" Aquino IV: Kunyari, what's an example in your assessment of a top-performing or the most top-performing GOCC,

631
00:41:32,920 --> 00:41:37,460
Senator Paolo Benigno "Bam" Aquino IV: isang maybe middle, mid-level, and one that needs...

632
00:41:38,280 --> 00:41:41,360
Senator Paolo Benigno "Bam" Aquino IV: greater improvement. Para lang for our appreciation also.

633
00:41:41,620 --> 00:41:42,020
GCG Chairperson Atty. Marius P. Corpus: Yes, Your Honor.

634
00:41:42,860 --> 00:41:47,060
GCG Chairperson Atty. Marius P. Corpus: Every year, Your Honor, we have this annual GOCC Awards,

635
00:41:47,620 --> 00:41:53,600
GCG Chairperson Atty. Marius P. Corpus: and we recognize the top-performing GOCCs in terms of the performance evaluation system,

636
00:41:54,080 --> 00:41:58,480
GCG Chairperson Atty. Marius P. Corpus: and also with respect to their compliance with the corporate governance scorecard.

637
00:41:59,100 --> 00:42:03,020
GCG Chairperson Atty. Marius P. Corpus: An example of a top-performing GOCC, Your Honor, would be Land Bank.

638
00:42:03,500 --> 00:42:05,360
GCG Chairperson Atty. Marius P. Corpus: It has been consistently in the...

639
00:42:05,360 --> 00:42:06,720
Senator Paolo Benigno "Bam" Aquino IV: For multiple years, I'm sure, no?

640
00:42:06,720 --> 00:42:07,780
GCG Chairperson Atty. Marius P. Corpus: Yes, Your Honor.

641
00:42:08,280 --> 00:42:14,940
GCG Chairperson Atty. Marius P. Corpus: An example of a GOCC that is in the middle would be PhilHealth.

642
00:42:16,200 --> 00:42:20,620
GCG Chairperson Atty. Marius P. Corpus: For several years, it has not been performing quite well,

643
00:42:21,260 --> 00:42:25,420
GCG Chairperson Atty. Marius P. Corpus: but now we see an improved performance, but although it has not achieved,

644
00:42:25,860 --> 00:42:32,740
GCG Chairperson Atty. Marius P. Corpus: because to be able to qualify for the performance evaluation system award,

645
00:42:32,740 --> 00:42:38,260
GCG Chairperson Atty. Marius P. Corpus: you have to reach a rating of 90%, 90% or above.

646
00:42:38,280 --> 00:42:43,280
GCG Chairperson Atty. Marius P. Corpus: For PhilHealth, I think it's about 70%.

647
00:42:44,060 --> 00:42:46,600
GCG Chairperson Atty. Marius P. Corpus: Nasa 70% pa lang sila.

648
00:42:46,780 --> 00:42:50,440
GCG Chairperson Atty. Marius P. Corpus: But up from a lower percentage of performance.

649
00:42:50,600 --> 00:42:51,380
GCG Chairperson Atty. Marius P. Corpus: 61 daw po.

650
00:42:52,180 --> 00:42:55,900
Senator Paolo Benigno "Bam" Aquino IV: Let me recognize Senator Rafi Tulfo, who's also joining us today.

651
00:42:56,500 --> 00:42:58,280
Senator Paolo Benigno "Bam" Aquino IV: Senator Tulfo, we have GCG.

652
00:42:59,100 --> 00:42:59,820
Senator Paolo Benigno "Bam" Aquino IV: Good afternoon, Senator.

653
00:42:59,840 --> 00:43:03,820
Senator Paolo Benigno "Bam" Aquino IV: We're actually wrapping up already, then we'll have the DTI presentation shortly.

654
00:43:04,200 --> 00:43:05,280
Senator Paolo Benigno "Bam" Aquino IV: Sige po, Attorney.

655
00:43:05,280 --> 00:43:07,280
Senator Paolo Benigno "Bam" Aquino IV: Yung low-performing...

656
00:43:08,280 --> 00:43:10,380
Senator Paolo Benigno "Bam" Aquino IV: Anyway, tayo-tayo lang naman nandito.

657
00:43:10,620 --> 00:43:11,940
Senator Paolo Benigno "Bam" Aquino IV: Hindi natin ilalabas sa...

658
00:43:11,940 --> 00:43:12,640
Senator Paolo Benigno "Bam" Aquino IV: Joke lang.

659
00:43:12,800 --> 00:43:13,200
Senator Paolo Benigno "Bam" Aquino IV: Off the record?

660
00:43:13,340 --> 00:43:16,840
Senator Paolo Benigno "Bam" Aquino IV: For planning purposes, para alam natin.

661
00:43:18,660 --> 00:43:19,660
GCG Chairperson Atty. Marius P. Corpus: Marawi Resorts.

662
00:43:21,060 --> 00:43:22,360
GCG Chairperson Atty. Marius P. Corpus: Marawi Resort Hotel.

663
00:43:22,680 --> 00:43:24,520
Senator Paolo Benigno "Bam" Aquino IV: Marawi Resort Hotel is a GOCC?

664
00:43:24,680 --> 00:43:25,320
GCG Chairperson Atty. Marius P. Corpus: Yes, Your Honor.

665
00:43:25,600 --> 00:43:30,460
GCG Chairperson Atty. Marius P. Corpus: But the BARM government is planning to acquire the...

666
00:43:30,460 --> 00:43:31,480
Senator Paolo Benigno "Bam" Aquino IV: When was that?

667
00:43:31,640 --> 00:43:32,620
Senator Paolo Benigno "Bam" Aquino IV: Was that after the siege?

668
00:43:32,780 --> 00:43:34,140
Senator Paolo Benigno "Bam" Aquino IV: It was created after the siege or before the siege?

669
00:43:34,140 --> 00:43:34,960
GCG Chairperson Atty. Marius P. Corpus: No, no. Matagal na po.

670
00:43:34,960 --> 00:43:35,940
Senator Paolo Benigno "Bam" Aquino IV: Oh, even before pa?

671
00:43:35,980 --> 00:43:36,520
GCG Chairperson Atty. Marius P. Corpus: Even before.

672
00:43:36,900 --> 00:43:37,960
GCG Chairperson Atty. Marius P. Corpus: It used to be...

673
00:43:38,280 --> 00:43:42,920
GCG Chairperson Atty. Marius P. Corpus: A very well-maintained resorts but somehow it deteriorated.

674
00:43:43,300 --> 00:43:49,460
GCG Chairperson Atty. Marius P. Corpus: And based on our yearly evaluation, hindi ko masyadong...

675
00:43:49,460 --> 00:43:51,720
Senator Paolo Benigno "Bam" Aquino IV: Medyo falling short siya of your standards.

676
00:43:51,760 --> 00:43:52,300
GCG Chairperson Atty. Marius P. Corpus: Short, short.

677
00:43:52,840 --> 00:43:54,660
GCG Chairperson Atty. Marius P. Corpus: One-digit performance.

678
00:43:54,940 --> 00:43:55,200
Senator Paolo Benigno "Bam" Aquino IV: Okay.

679
00:43:56,420 --> 00:43:59,760
Senator Paolo Benigno "Bam" Aquino IV: Maybe as a final question on this line of questioning,

680
00:44:00,480 --> 00:44:01,520
Senator Paolo Benigno "Bam" Aquino IV: ano po yung...

681
00:44:01,520 --> 00:44:03,300
Senator Paolo Benigno "Bam" Aquino IV: How many years na kayo, Attorney Corpus?

682
00:44:03,300 --> 00:44:05,220
Senator Paolo Benigno "Bam" Aquino IV: How many years in GCG?

683
00:44:05,480 --> 00:44:07,240
GCG Chairperson Atty. Marius P. Corpus: Since 2023, Your Honor.

684
00:44:07,280 --> 00:44:08,120
Senator Paolo Benigno "Bam" Aquino IV: So, three years.

685
00:44:08,280 --> 00:44:12,820
Senator Paolo Benigno "Bam" Aquino IV: So, in your three years, what GOCC had the biggest turnaround in terms of performance

686
00:44:12,820 --> 00:44:14,900
Senator Paolo Benigno "Bam" Aquino IV: from the time that you entered till today?

687
00:44:15,260 --> 00:44:22,700
GCG Chairperson Atty. Marius P. Corpus: PCSO, Your Honor, it actually garnered the most improved GOCC award

688
00:44:22,700 --> 00:44:30,240
GCG Chairperson Atty. Marius P. Corpus: because from a low performance of about 40% in 2023 or 2024...

689
00:44:30,240 --> 00:44:33,900
GCG Chairperson Atty. Marius P. Corpus: 2023, Your Honor, it achieved over 90%.

690
00:44:34,500 --> 00:44:35,000
Senator Paolo Benigno "Bam" Aquino IV: Oh, really?

691
00:44:35,240 --> 00:44:35,460
GCG Chairperson Atty. Marius P. Corpus: Yes.

692
00:44:35,660 --> 00:44:38,000
Senator Paolo Benigno "Bam" Aquino IV: So, parang basketball may most improve.

693
00:44:38,280 --> 00:44:40,340
Senator Paolo Benigno "Bam" Aquino IV: May player, may most valuable player.

694
00:44:40,700 --> 00:44:42,740
Senator Paolo Benigno "Bam" Aquino IV: Most valuable GOCC is the land bank.

695
00:44:42,760 --> 00:44:44,700
Senator Paolo Benigno "Bam" Aquino IV: Is the land bank most valuable or...

696
00:44:44,700 --> 00:44:46,240
Senator Paolo Benigno "Bam" Aquino IV: I guess in terms of assets, probably.

697
00:44:46,300 --> 00:44:48,300
GCG Chairperson Atty. Marius P. Corpus: May Hall of Famers din kami, Your Honor.

698
00:44:48,520 --> 00:44:50,020
Senator Paolo Benigno "Bam" Aquino IV: Sino-sino po yung Hall of Famers po nila?

699
00:44:50,020 --> 00:44:52,600
GCG Chairperson Atty. Marius P. Corpus: Well, of course, land bank, GSIS.

700
00:44:54,260 --> 00:44:54,740
Senator Paolo Benigno "Bam" Aquino IV: GSIS.

701
00:44:55,140 --> 00:44:55,620
GCG Chairperson Atty. Marius P. Corpus: GSIS.

702
00:44:56,640 --> 00:44:57,040
GCG Chairperson Atty. Marius P. Corpus: DBP.

703
00:44:58,180 --> 00:44:58,660
Senator Paolo Benigno "Bam" Aquino IV: DBP.

704
00:44:58,760 --> 00:44:59,240
GCG Chairperson Atty. Marius P. Corpus: DBP po.

705
00:44:59,240 --> 00:44:59,980
Senator Paolo Benigno "Bam" Aquino IV: I have a...

706
00:45:01,160 --> 00:45:01,900
Senator Paolo Benigno "Bam" Aquino IV: hindi naman ito

707
00:45:01,960 --> 00:45:02,700
Senator Paolo Benigno "Bam" Aquino IV: naughty question

708
00:45:02,700 --> 00:45:03,160
Senator Paolo Benigno "Bam" Aquino IV: pero

709
00:45:03,160 --> 00:45:04,960
Senator Paolo Benigno "Bam" Aquino IV: hindi ho nyo ba

710
00:45:04,960 --> 00:45:06,440
Senator Paolo Benigno "Bam" Aquino IV: mahihingi yung mga

711
00:45:06,440 --> 00:45:07,120
Senator Paolo Benigno "Bam" Aquino IV: sasakyan dito

712
00:45:07,120 --> 00:45:08,260
Senator Paolo Benigno "Bam" Aquino IV: so bawal ba yun?

713
00:45:08,900 --> 00:45:10,200
Senator Paolo Benigno "Bam" Aquino IV: Iba namimigay naman

714
00:45:10,200 --> 00:45:10,880
Senator Paolo Benigno "Bam" Aquino IV: ng PCSO

715
00:45:10,880 --> 00:45:11,780
Senator Paolo Benigno "Bam" Aquino IV: ng mga sasakyan?

716
00:45:11,960 --> 00:45:12,300
Senator Paolo Benigno "Bam" Aquino IV: Hindi po ba?

717
00:45:12,360 --> 00:45:12,700
Senator Paolo Benigno "Bam" Aquino IV: Hindi pwede?

718
00:45:13,240 --> 00:45:13,540
Senator Paolo Benigno "Bam" Aquino IV: Bawal?

719
00:45:13,660 --> 00:45:13,940
Senator Paolo Benigno "Bam" Aquino IV: Bawal?

720
00:45:14,740 --> 00:45:15,540
Senator Paolo Benigno "Bam" Aquino IV: Baka may conflict

721
00:45:15,540 --> 00:45:16,600
Senator Paolo Benigno "Bam" Aquino IV: baka makuha kami

722
00:45:16,600 --> 00:45:17,220
Senator Paolo Benigno "Bam" Aquino IV: ah okay

723
00:45:17,220 --> 00:45:18,060
Senator Paolo Benigno "Bam" Aquino IV: dito yung po

724
00:45:18,060 --> 00:45:18,960
Senator Paolo Benigno "Bam" Aquino IV: because they

725
00:45:18,960 --> 00:45:20,020
Senator Paolo Benigno "Bam" Aquino IV: really give away

726
00:45:20,020 --> 00:45:20,640
Senator Paolo Benigno "Bam" Aquino IV: vehicles

727
00:45:20,640 --> 00:45:21,660
Senator Paolo Benigno "Bam" Aquino IV: humihingi kasi sila

728
00:45:21,660 --> 00:45:22,700
Senator Paolo Benigno "Bam" Aquino IV: ng 4 vehicles

729
00:45:22,700 --> 00:45:23,560
Senator Paolo Benigno "Bam" Aquino IV: sa Senator Tulfo

730
00:45:23,560 --> 00:45:24,620
Senator Raffy T. Tulfo: actually ambulansya

731
00:45:24,620 --> 00:45:25,320
Senator Raffy T. Tulfo: PCSO

732
00:45:25,320 --> 00:45:26,160
Senator Raffy T. Tulfo: okay lang okay

733
00:45:26,160 --> 00:45:26,920
Senator Raffy T. Tulfo: naka ambulansya

734
00:45:26,920 --> 00:45:28,260
Senator Raffy T. Tulfo: just kidding

735
00:45:28,260 --> 00:45:29,560
Senator Raffy T. Tulfo: so siguro po

736
00:45:29,560 --> 00:45:30,080
Senator Raffy T. Tulfo: just to

737
00:45:30,080 --> 00:45:30,720
Senator Raffy T. Tulfo: you have questions

738
00:45:30,720 --> 00:45:32,220
Senator Joseph Victor "JV" G. Ejercito: just a few questions

739
00:45:32,220 --> 00:45:33,640
Senator Joseph Victor "JV" G. Ejercito: Mr. Chair

740
00:45:33,640 --> 00:45:35,600
Senator Joseph Victor "JV" G. Ejercito: we noticed

741
00:45:35,600 --> 00:45:36,340
Senator Joseph Victor "JV" G. Ejercito: being the chair

742
00:45:36,340 --> 00:45:36,920
Senator Joseph Victor "JV" G. Ejercito: of the finance

743
00:45:36,920 --> 00:45:37,540
Senator Joseph Victor "JV" G. Ejercito: of course I

744
00:45:37,540 --> 00:45:38,940
Senator Joseph Victor "JV" G. Ejercito: noticed a decrease

745
00:45:38,940 --> 00:45:39,520
Senator Joseph Victor "JV" G. Ejercito: in the

746
00:45:39,520 --> 00:45:41,240
Senator Joseph Victor "JV" G. Ejercito: personal services

747
00:45:41,240 --> 00:45:41,520
Senator Joseph Victor "JV" G. Ejercito: and

748
00:45:41,520 --> 00:45:43,640
Senator Joseph Victor "JV" G. Ejercito: of GCG

749
00:45:43,640 --> 00:45:45,620
Senator Joseph Victor "JV" G. Ejercito: your budget

750
00:45:45,620 --> 00:45:46,200
Senator Joseph Victor "JV" G. Ejercito: decreased

751
00:45:46,200 --> 00:45:47,540
Senator Joseph Victor "JV" G. Ejercito: by 3.9%

752
00:45:47,540 --> 00:45:48,420
Senator Joseph Victor "JV" G. Ejercito: down to

753
00:45:48,420 --> 00:45:51,760
Senator Joseph Victor "JV" G. Ejercito: 181.1 million

754
00:45:51,760 --> 00:45:53,580
Senator Joseph Victor "JV" G. Ejercito: primarily because

755
00:45:53,580 --> 00:45:54,480
Senator Joseph Victor "JV" G. Ejercito: filled positions

756
00:45:54,480 --> 00:45:54,960
Senator Joseph Victor "JV" G. Ejercito: dropped from

757
00:45:54,960 --> 00:45:55,580
Senator Joseph Victor "JV" G. Ejercito: 181

758
00:45:55,580 --> 00:45:57,280
Senator Joseph Victor "JV" G. Ejercito: to 171

759
00:45:57,280 --> 00:45:58,300
Senator Joseph Victor "JV" G. Ejercito: in 2027

760
00:45:58,300 --> 00:45:59,480
Senator Joseph Victor "JV" G. Ejercito: may naabolish

761
00:45:59,480 --> 00:46:00,420
Senator Joseph Victor "JV" G. Ejercito: ba ang DBM dito

762
00:46:00,420 --> 00:46:01,340
Senator Joseph Victor "JV" G. Ejercito: na 10 positions

763
00:46:01,340 --> 00:46:01,860
Senator Joseph Victor "JV" G. Ejercito: or

764
00:46:01,860 --> 00:46:04,420
Senator Joseph Victor "JV" G. Ejercito: what happened to the employees

765
00:46:04,420 --> 00:46:06,560
Senator Joseph Victor "JV" G. Ejercito: ba't kayo nag-decrease

766
00:46:06,560 --> 00:46:07,620
Senator Joseph Victor "JV" G. Ejercito: ng personal services

767
00:46:07,620 --> 00:46:08,640
Senator Joseph Victor "JV" G. Ejercito: chairperson

768
00:46:08,640 --> 00:46:09,580
GCG Chairperson Atty. Marius P. Corpus: actually the

769
00:46:09,580 --> 00:46:10,980
GCG Chairperson Atty. Marius P. Corpus: the DBM approved

770
00:46:10,980 --> 00:46:12,160
GCG Chairperson Atty. Marius P. Corpus: additional positions

771
00:46:12,160 --> 00:46:13,180
GCG Chairperson Atty. Marius P. Corpus: for the GCG

772
00:46:13,180 --> 00:46:13,480
Senator Joseph Victor "JV" G. Ejercito: that's why

773
00:46:13,480 --> 00:46:14,160
Senator Joseph Victor "JV" G. Ejercito: I ask you

774
00:46:14,160 --> 00:46:15,060
Senator Joseph Victor "JV" G. Ejercito: usually they add

775
00:46:15,060 --> 00:46:16,800
Senator Joseph Victor "JV" G. Ejercito: most add

776
00:46:16,800 --> 00:46:17,560
Senator Joseph Victor "JV" G. Ejercito: pero sa inyo

777
00:46:17,560 --> 00:46:18,100
Senator Joseph Victor "JV" G. Ejercito: nag-decrease

778
00:46:18,100 --> 00:46:19,060
Senator Joseph Victor "JV" G. Ejercito: yung personal services

779
00:46:19,060 --> 00:46:19,920
GCG Chairperson Atty. Marius P. Corpus: actually po

780
00:46:19,920 --> 00:46:22,560
GCG Chairperson Atty. Marius P. Corpus: nag-increase

781
00:46:22,560 --> 00:46:23,620
GCG Chairperson Atty. Marius P. Corpus: yung personal

782
00:46:23,620 --> 00:46:28,160
GCG Chairperson Atty. Marius P. Corpus: number of personnel

783
00:46:28,160 --> 00:46:28,480
GCG Chairperson Atty. Marius P. Corpus: namin

784
00:46:28,480 --> 00:46:29,320
GCG Chairperson Atty. Marius P. Corpus: because when we

785
00:46:29,320 --> 00:46:30,620
GCG Chairperson Atty. Marius P. Corpus: assume office

786
00:46:30,620 --> 00:46:31,480
GCG Chairperson Atty. Marius P. Corpus: in 2023

787
00:46:31,480 --> 00:46:32,480
GCG Chairperson Atty. Marius P. Corpus: there were about

788
00:46:32,480 --> 00:46:32,940
GCG Chairperson Atty. Marius P. Corpus: a hundred

789
00:46:32,940 --> 00:46:34,860
GCG Chairperson Atty. Marius P. Corpus: 105

790
00:46:34,860 --> 00:46:36,100
GCG Chairperson Atty. Marius P. Corpus: plantilla

791
00:46:36,100 --> 00:46:37,300
GCG Chairperson Atty. Marius P. Corpus: personal

792
00:46:37,300 --> 00:46:38,980
GCG Chairperson Atty. Marius P. Corpus: but now we are

793
00:46:38,980 --> 00:46:39,480
GCG Chairperson Atty. Marius P. Corpus: up to

794
00:46:39,480 --> 00:46:40,120
GCG Chairperson Atty. Marius P. Corpus: 200

795
00:46:40,120 --> 00:46:41,280
Senator Joseph Victor "JV" G. Ejercito: 200 already

796
00:46:41,280 --> 00:46:42,080
Senator Joseph Victor "JV" G. Ejercito: mali yung itong

797
00:46:42,080 --> 00:46:42,460
Senator Joseph Victor "JV" G. Ejercito: ano ko

798
00:46:42,460 --> 00:46:44,340
Senator Joseph Victor "JV" G. Ejercito: data

799
00:46:44,340 --> 00:46:45,140
Senator Joseph Victor "JV" G. Ejercito: anyway just

800
00:46:45,140 --> 00:46:46,060
Senator Joseph Victor "JV" G. Ejercito: Mr. Chair

801
00:46:46,060 --> 00:46:46,560
Senator Joseph Victor "JV" G. Ejercito: isa pa yung

802
00:46:46,560 --> 00:46:47,900
Senator Joseph Victor "JV" G. Ejercito: ICRS, Integrated

803
00:46:47,900 --> 00:46:48,880
Senator Joseph Victor "JV" G. Ejercito: Corporate

804
00:46:48,880 --> 00:46:50,180
Senator Joseph Victor "JV" G. Ejercito: Reporting System

805
00:46:50,180 --> 00:46:50,740
Senator Joseph Victor "JV" G. Ejercito: earlier no

806
00:46:50,740 --> 00:46:51,540
Senator Joseph Victor "JV" G. Ejercito: yung ito yung

807
00:46:51,540 --> 00:46:53,500
Senator Joseph Victor "JV" G. Ejercito: the GCG

808
00:46:53,500 --> 00:46:54,160
Senator Joseph Victor "JV" G. Ejercito: is requesting

809
00:46:54,160 --> 00:46:55,220
Senator Joseph Victor "JV" G. Ejercito: 43 million

810
00:46:55,220 --> 00:46:56,780
Senator Joseph Victor "JV" G. Ejercito: under the

811
00:46:56,780 --> 00:46:58,060
Senator Joseph Victor "JV" G. Ejercito: general

812
00:46:58,060 --> 00:46:58,980
Senator Joseph Victor "JV" G. Ejercito: to enhance

813
00:46:58,980 --> 00:46:59,260
Senator Joseph Victor "JV" G. Ejercito: the

814
00:46:59,260 --> 00:46:59,880
Senator Joseph Victor "JV" G. Ejercito: ICRS

815
00:46:59,880 --> 00:47:01,080
Senator Joseph Victor "JV" G. Ejercito: alongside

816
00:47:01,080 --> 00:47:03,320
Senator Joseph Victor "JV" G. Ejercito: 36.073

817
00:47:03,320 --> 00:47:04,020
Senator Joseph Victor "JV" G. Ejercito: million in

818
00:47:04,020 --> 00:47:04,880
Senator Joseph Victor "JV" G. Ejercito: capital outlays

819
00:47:04,880 --> 00:47:05,840
Senator Joseph Victor "JV" G. Ejercito: specifically

820
00:47:05,840 --> 00:47:07,240
Senator Joseph Victor "JV" G. Ejercito: to procure

821
00:47:07,240 --> 00:47:08,040
Senator Joseph Victor "JV" G. Ejercito: ICT equipment

822
00:47:08,040 --> 00:47:08,960
Senator Joseph Victor "JV" G. Ejercito: for the system

823
00:47:08,960 --> 00:47:10,040
Senator Joseph Victor "JV" G. Ejercito: so that is

824
00:47:10,040 --> 00:47:10,900
Senator Joseph Victor "JV" G. Ejercito: nearly 80 million

825
00:47:10,900 --> 00:47:11,580
Senator Joseph Victor "JV" G. Ejercito: dedicated to

826
00:47:11,580 --> 00:47:12,460
Senator Joseph Victor "JV" G. Ejercito: single monitoring

827
00:47:12,460 --> 00:47:13,060
Senator Joseph Victor "JV" G. Ejercito: system

828
00:47:13,060 --> 00:47:15,140
Senator Joseph Victor "JV" G. Ejercito: just wanted to

829
00:47:15,140 --> 00:47:15,340
Senator Joseph Victor "JV" G. Ejercito: ask

830
00:47:15,340 --> 00:47:15,760
Senator Joseph Victor "JV" G. Ejercito: sa laki ng

831
00:47:15,760 --> 00:47:16,620
Senator Joseph Victor "JV" G. Ejercito: investment natin

832
00:47:16,620 --> 00:47:16,960
Senator Joseph Victor "JV" G. Ejercito: for

833
00:47:16,960 --> 00:47:18,560
Senator Joseph Victor "JV" G. Ejercito: for ICRS

834
00:47:18,560 --> 00:47:19,320
Senator Joseph Victor "JV" G. Ejercito: can you tell us

835
00:47:19,320 --> 00:47:20,160
Senator Joseph Victor "JV" G. Ejercito: how

836
00:47:20,160 --> 00:47:22,060
Senator Joseph Victor "JV" G. Ejercito: this will

837
00:47:22,060 --> 00:47:22,920
Senator Joseph Victor "JV" G. Ejercito: actually work

838
00:47:22,920 --> 00:47:23,640
Senator Joseph Victor "JV" G. Ejercito: do we have

839
00:47:23,640 --> 00:47:24,020
Senator Joseph Victor "JV" G. Ejercito: an early

840
00:47:24,020 --> 00:47:24,980
Senator Joseph Victor "JV" G. Ejercito: warning capability

841
00:47:24,980 --> 00:47:25,780
Senator Joseph Victor "JV" G. Ejercito: kung madedetect

842
00:47:25,780 --> 00:47:26,340
Senator Joseph Victor "JV" G. Ejercito: natin yung mga

843
00:47:26,340 --> 00:47:27,480
Senator Joseph Victor "JV" G. Ejercito: GOCCs in real time

844
00:47:27,480 --> 00:47:28,420
Senator Joseph Victor "JV" G. Ejercito: yung

845
00:47:28,420 --> 00:47:29,220
Senator Joseph Victor "JV" G. Ejercito: those who are

846
00:47:29,220 --> 00:47:29,660
Senator Joseph Victor "JV" G. Ejercito: performing

847
00:47:29,660 --> 00:47:30,760
Senator Joseph Victor "JV" G. Ejercito: and underperforming

848
00:47:30,760 --> 00:47:31,080
GCG Chairperson Atty. Marius P. Corpus: yes

849
00:47:31,080 --> 00:47:32,140
GCG Chairperson Atty. Marius P. Corpus: your honor

850
00:47:32,140 --> 00:47:32,660
GCG Chairperson Atty. Marius P. Corpus: there are

851
00:47:32,660 --> 00:47:33,160
GCG Chairperson Atty. Marius P. Corpus: actually

852
00:47:33,160 --> 00:47:34,480
GCG Chairperson Atty. Marius P. Corpus: GOCCs

853
00:47:34,480 --> 00:47:35,000
GCG Chairperson Atty. Marius P. Corpus: that are

854
00:47:35,000 --> 00:47:35,760
GCG Chairperson Atty. Marius P. Corpus: outside of

855
00:47:35,760 --> 00:47:36,700
GCG Chairperson Atty. Marius P. Corpus: the coverage

856
00:47:36,700 --> 00:47:37,280
GCG Chairperson Atty. Marius P. Corpus: of the

857
00:47:37,280 --> 00:47:38,000
GCG Chairperson Atty. Marius P. Corpus: GCG

858
00:47:38,000 --> 00:47:39,020
GCG Chairperson Atty. Marius P. Corpus: but directly

859
00:47:39,020 --> 00:47:39,440
GCG Chairperson Atty. Marius P. Corpus: supervised

860
00:47:39,440 --> 00:47:40,020
GCG Chairperson Atty. Marius P. Corpus: by the

861
00:47:40,020 --> 00:47:40,560
GCG Chairperson Atty. Marius P. Corpus: DOF

862
00:47:40,560 --> 00:47:41,820
GCG Chairperson Atty. Marius P. Corpus: or the

863
00:47:41,820 --> 00:47:42,260
GCG Chairperson Atty. Marius P. Corpus: DBM

864
00:47:42,260 --> 00:47:43,040
GCG Chairperson Atty. Marius P. Corpus: now

865
00:47:43,040 --> 00:47:44,380
GCG Chairperson Atty. Marius P. Corpus: the ICRS

866
00:47:44,380 --> 00:47:45,600
GCG Chairperson Atty. Marius P. Corpus: is an

867
00:47:45,600 --> 00:47:46,080
GCG Chairperson Atty. Marius P. Corpus: internally

868
00:47:46,080 --> 00:47:46,780
GCG Chairperson Atty. Marius P. Corpus: developed

869
00:47:46,780 --> 00:47:48,280
GCG Chairperson Atty. Marius P. Corpus: portal

870
00:47:48,280 --> 00:47:49,600
GCG Chairperson Atty. Marius P. Corpus: for the

871
00:47:49,600 --> 00:47:49,900
GCG Chairperson Atty. Marius P. Corpus: public

872
00:47:49,900 --> 00:47:50,500
GCG Chairperson Atty. Marius P. Corpus: to access

873
00:47:50,500 --> 00:47:50,940
GCG Chairperson Atty. Marius P. Corpus: the

874
00:47:50,940 --> 00:47:53,080
GCG Chairperson Atty. Marius P. Corpus: financial

875
00:47:53,080 --> 00:47:54,100
GCG Chairperson Atty. Marius P. Corpus: and non-financial

876
00:47:54,100 --> 00:47:54,720
GCG Chairperson Atty. Marius P. Corpus: data of

877
00:47:54,720 --> 00:47:55,800
GCG Chairperson Atty. Marius P. Corpus: GOCCs

878
00:47:55,800 --> 00:47:56,360
GCG Chairperson Atty. Marius P. Corpus: as you can

879
00:47:56,360 --> 00:47:56,600
GCG Chairperson Atty. Marius P. Corpus: see

880
00:47:56,600 --> 00:47:57,280
GCG Chairperson Atty. Marius P. Corpus: it's in

881
00:47:57,280 --> 00:47:58,060
GCG Chairperson Atty. Marius P. Corpus: our website

882
00:47:58,060 --> 00:47:59,200
GCG Chairperson Atty. Marius P. Corpus: there are

883
00:47:59,220 --> 00:47:59,860
GCG Chairperson Atty. Marius P. Corpus: technical

884
00:47:59,860 --> 00:48:00,360
GCG Chairperson Atty. Marius P. Corpus: assistance

885
00:48:00,360 --> 00:48:01,560
GCG Chairperson Atty. Marius P. Corpus: provided by

886
00:48:01,560 --> 00:48:02,020
GCG Chairperson Atty. Marius P. Corpus: the Asian

887
00:48:02,020 --> 00:48:02,960
GCG Chairperson Atty. Marius P. Corpus: Development Bank

888
00:48:02,960 --> 00:48:04,000
GCG Chairperson Atty. Marius P. Corpus: to develop

889
00:48:04,000 --> 00:48:04,600
GCG Chairperson Atty. Marius P. Corpus: a common

890
00:48:04,600 --> 00:48:05,700
GCG Chairperson Atty. Marius P. Corpus: reporting system

891
00:48:05,700 --> 00:48:06,620
GCG Chairperson Atty. Marius P. Corpus: which will

892
00:48:06,620 --> 00:48:07,200
GCG Chairperson Atty. Marius P. Corpus: integrate

893
00:48:07,200 --> 00:48:08,720
GCG Chairperson Atty. Marius P. Corpus: the data

894
00:48:08,720 --> 00:48:09,300
GCG Chairperson Atty. Marius P. Corpus: from the

895
00:48:09,300 --> 00:48:09,860
GCG Chairperson Atty. Marius P. Corpus: DOF

896
00:48:09,860 --> 00:48:10,720
GCG Chairperson Atty. Marius P. Corpus: the GCG

897
00:48:10,720 --> 00:48:11,060
GCG Chairperson Atty. Marius P. Corpus: and the

898
00:48:11,060 --> 00:48:11,520
GCG Chairperson Atty. Marius P. Corpus: DBM

899
00:48:11,520 --> 00:48:14,840
GCG Chairperson Atty. Marius P. Corpus: the ADB

900
00:48:14,840 --> 00:48:15,380
GCG Chairperson Atty. Marius P. Corpus: was the one

901
00:48:15,380 --> 00:48:15,680
GCG Chairperson Atty. Marius P. Corpus: who

902
00:48:15,680 --> 00:48:17,140
GCG Chairperson Atty. Marius P. Corpus: procured

903
00:48:17,140 --> 00:48:17,860
GCG Chairperson Atty. Marius P. Corpus: the consultant

904
00:48:17,860 --> 00:48:18,600
GCG Chairperson Atty. Marius P. Corpus: to develop

905
00:48:18,600 --> 00:48:19,560
GCG Chairperson Atty. Marius P. Corpus: the system

906
00:48:19,560 --> 00:48:20,640
GCG Chairperson Atty. Marius P. Corpus: but for

907
00:48:20,640 --> 00:48:21,260
GCG Chairperson Atty. Marius P. Corpus: the hardware

908
00:48:21,260 --> 00:48:23,560
GCG Chairperson Atty. Marius P. Corpus: the ADB

909
00:48:23,560 --> 00:48:24,060
GCG Chairperson Atty. Marius P. Corpus: will leave

910
00:48:24,060 --> 00:48:25,460
GCG Chairperson Atty. Marius P. Corpus: it to us

911
00:48:25,460 --> 00:48:25,760
GCG Chairperson Atty. Marius P. Corpus: to the

912
00:48:25,760 --> 00:48:26,360
GCG Chairperson Atty. Marius P. Corpus: GCG

913
00:48:26,360 --> 00:48:28,100
GCG Chairperson Atty. Marius P. Corpus: to procure

914
00:48:28,100 --> 00:48:28,960
GCG Chairperson Atty. Marius P. Corpus: the necessary

915
00:48:28,960 --> 00:48:29,540
GCG Chairperson Atty. Marius P. Corpus: IT

916
00:48:29,540 --> 00:48:30,360
GCG Chairperson Atty. Marius P. Corpus: infrastructure

917
00:48:30,360 --> 00:48:31,480
GCG Chairperson Atty. Marius P. Corpus: and that is

918
00:48:31,480 --> 00:48:32,440
GCG Chairperson Atty. Marius P. Corpus: why we are

919
00:48:32,440 --> 00:48:33,260
GCG Chairperson Atty. Marius P. Corpus: requesting

920
00:48:33,260 --> 00:48:33,760
GCG Chairperson Atty. Marius P. Corpus: for this

921
00:48:33,760 --> 00:48:34,180
GCG Chairperson Atty. Marius P. Corpus: additional

922
00:48:34,180 --> 00:48:34,540
GCG Chairperson Atty. Marius P. Corpus: budget

923
00:48:34,540 --> 00:48:34,940
GCG Chairperson Atty. Marius P. Corpus: because

924
00:48:34,940 --> 00:48:35,800
GCG Chairperson Atty. Marius P. Corpus: the

925
00:48:35,800 --> 00:48:37,240
GCG Chairperson Atty. Marius P. Corpus: rollout

926
00:48:37,240 --> 00:48:37,800
GCG Chairperson Atty. Marius P. Corpus: of this

927
00:48:37,800 --> 00:48:39,440
GCG Chairperson Atty. Marius P. Corpus: enhanced

928
00:48:39,440 --> 00:48:40,220
GCG Chairperson Atty. Marius P. Corpus: ICRS

929
00:48:40,220 --> 00:48:40,720
GCG Chairperson Atty. Marius P. Corpus: or the

930
00:48:40,720 --> 00:48:40,960
GCG Chairperson Atty. Marius P. Corpus: common

931
00:48:40,960 --> 00:48:41,920
GCG Chairperson Atty. Marius P. Corpus: reporting

932
00:48:41,920 --> 00:48:42,400
GCG Chairperson Atty. Marius P. Corpus: system

933
00:48:42,400 --> 00:48:42,960
GCG Chairperson Atty. Marius P. Corpus: will be

934
00:48:42,960 --> 00:48:44,220
GCG Chairperson Atty. Marius P. Corpus: in early

935
00:48:44,220 --> 00:48:45,240
GCG Chairperson Atty. Marius P. Corpus: 2027

936
00:48:45,240 --> 00:48:45,820
GCG Chairperson Atty. Marius P. Corpus: kasi

937
00:48:45,820 --> 00:48:46,240
GCG Chairperson Atty. Marius P. Corpus: nandiyan

938
00:48:46,240 --> 00:48:47,500
GCG Chairperson Atty. Marius P. Corpus: na po yung consultant

939
00:48:47,500 --> 00:48:47,860
GCG Chairperson Atty. Marius P. Corpus: ng

940
00:48:47,860 --> 00:48:48,360
GCG Chairperson Atty. Marius P. Corpus: ADB

941
00:48:48,360 --> 00:48:48,860
GCG Chairperson Atty. Marius P. Corpus: is

942
00:48:48,860 --> 00:48:49,340
GCG Chairperson Atty. Marius P. Corpus: developing

943
00:48:49,340 --> 00:48:49,780
GCG Chairperson Atty. Marius P. Corpus: the

944
00:48:49,780 --> 00:48:52,100
GCG Chairperson Atty. Marius P. Corpus: program

945
00:48:52,100 --> 00:48:53,260
GCG Chairperson Atty. Marius P. Corpus: all we

946
00:48:53,260 --> 00:48:53,780
GCG Chairperson Atty. Marius P. Corpus: have to

947
00:48:53,780 --> 00:48:54,160
GCG Chairperson Atty. Marius P. Corpus: do is

948
00:48:54,160 --> 00:48:54,860
GCG Chairperson Atty. Marius P. Corpus: to implement

949
00:48:54,860 --> 00:48:55,860
GCG Chairperson Atty. Marius P. Corpus: through our

950
00:48:55,860 --> 00:48:56,740
GCG Chairperson Atty. Marius P. Corpus: enhanced

951
00:48:56,740 --> 00:48:57,440
GCG Chairperson Atty. Marius P. Corpus: integrated

952
00:48:57,440 --> 00:48:58,040
GCG Chairperson Atty. Marius P. Corpus: corporate

953
00:48:58,040 --> 00:48:58,400
GCG Chairperson Atty. Marius P. Corpus: reporting

954
00:48:58,960 --> 00:48:59,540
GCG Chairperson Atty. Marius P. Corpus: system

955
00:48:59,540 --> 00:49:01,180
Senator Joseph Victor "JV" G. Ejercito: Okay, thank you, Mr. Chair.

956
00:49:01,180 --> 00:49:02,140
Senator Joseph Victor "JV" G. Ejercito: thank you

957
00:49:02,140 --> 00:49:03,200
Senator Paolo Benigno "Bam" Aquino IV: thank you

958
00:49:03,200 --> 00:49:04,420
Senator Paolo Benigno "Bam" Aquino IV: attorney corpus

959
00:49:04,420 --> 00:49:05,400
Senator Paolo Benigno "Bam" Aquino IV: maraming salamat

960
00:49:05,400 --> 00:49:07,180
Senator Paolo Benigno "Bam" Aquino IV: we will see you

961
00:49:07,180 --> 00:49:08,120
Senator Paolo Benigno "Bam" Aquino IV: at the plenary

962
00:49:08,120 --> 00:49:09,260
Senator Paolo Benigno "Bam" Aquino IV: maraming salamat

963
00:49:09,260 --> 00:49:10,060
Senator Paolo Benigno "Bam" Aquino IV: sa GCG

964
00:49:10,060 --> 00:49:10,460
Senator Paolo Benigno "Bam" Aquino IV: family

965
00:49:10,460 --> 00:49:11,620
GCG Chairperson Atty. Marius P. Corpus: thank you very much

966
00:49:11,620 --> 00:49:12,480
Senator Paolo Benigno "Bam" Aquino IV: may I suggest

967
00:49:12,480 --> 00:49:13,180
Senator Paolo Benigno "Bam" Aquino IV: that you just stay

968
00:49:13,180 --> 00:49:15,180
Senator Paolo Benigno "Bam" Aquino IV: while DTI presents

969
00:49:15,180 --> 00:49:16,100
Senator Paolo Benigno "Bam" Aquino IV: kasi some other

970
00:49:16,100 --> 00:49:17,040
Senator Paolo Benigno "Bam" Aquino IV: centers might still

971
00:49:17,040 --> 00:49:17,660
Senator Paolo Benigno "Bam" Aquino IV: arrive but

972
00:49:17,660 --> 00:49:18,700
Senator Paolo Benigno "Bam" Aquino IV: as far as I'm

973
00:49:18,700 --> 00:49:19,080
Senator Paolo Benigno "Bam" Aquino IV: concerned

974
00:49:19,080 --> 00:49:21,180
Senator Paolo Benigno "Bam" Aquino IV: your budget

975
00:49:21,180 --> 00:49:22,260
Senator Paolo Benigno "Bam" Aquino IV: is to the

976
00:49:22,260 --> 00:49:22,920
Senator Paolo Benigno "Bam" Aquino IV: plenary already

977
00:49:22,920 --> 00:49:23,540
Senator Paolo Benigno "Bam" Aquino IV: maraming salamat

978
00:49:23,540 --> 00:49:24,220
GCG Chairperson Atty. Marius P. Corpus: thank you very much

979
00:49:24,220 --> 00:49:25,340
Senator Paolo Benigno "Bam" Aquino IV: okay so just

980
00:49:25,340 --> 00:49:26,000
Senator Paolo Benigno "Bam" Aquino IV: sit tight

981
00:49:26,000 --> 00:49:26,740
Senator Paolo Benigno "Bam" Aquino IV: dito sa side

982
00:49:26,740 --> 00:49:26,940
Senator Paolo Benigno "Bam" Aquino IV: na to

983
00:49:26,940 --> 00:49:27,680
Senator Paolo Benigno "Bam" Aquino IV: just sit tight

984
00:49:27,680 --> 00:49:27,940
Senator Paolo Benigno "Bam" Aquino IV: lang

985
00:49:27,940 --> 00:49:28,580
Senator Paolo Benigno "Bam" Aquino IV: sige

986
00:49:28,580 --> 00:49:30,620
Senator Paolo Benigno "Bam" Aquino IV: Secretary Roque

987
00:49:30,620 --> 00:49:32,160
Senator Paolo Benigno "Bam" Aquino IV: before your

988
00:49:32,160 --> 00:49:32,800
Senator Paolo Benigno "Bam" Aquino IV: presentation

989
00:49:32,800 --> 00:49:34,080
Senator Paolo Benigno "Bam" Aquino IV: si Senator Tulfo

990
00:49:34,080 --> 00:49:34,620
Senator Paolo Benigno "Bam" Aquino IV: just has a few

991
00:49:34,620 --> 00:49:35,120
Senator Paolo Benigno "Bam" Aquino IV: questions

992
00:49:35,120 --> 00:49:36,000
Senator Paolo Benigno "Bam" Aquino IV: because he has

993
00:49:36,000 --> 00:49:36,480
Senator Paolo Benigno "Bam" Aquino IV: to go back

994
00:49:36,480 --> 00:49:37,540
Senator Paolo Benigno "Bam" Aquino IV: to session

995
00:49:37,540 --> 00:49:38,600
Senator Paolo Benigno "Bam" Aquino IV: so we'll allow

996
00:49:38,600 --> 00:49:39,460
Senator Paolo Benigno "Bam" Aquino IV: him to ask

997
00:49:39,460 --> 00:49:40,100
Senator Paolo Benigno "Bam" Aquino IV: a few questions

998
00:49:40,100 --> 00:49:40,960
Senator Raffy T. Tulfo: thank you

999
00:49:40,960 --> 00:49:41,520
Senator Raffy T. Tulfo: actually a couple

1000
00:49:41,520 --> 00:49:42,040
Senator Raffy T. Tulfo: of questions

1001
00:49:42,040 --> 00:49:43,200
Senator Raffy T. Tulfo: lang kung baka

1002
00:49:43,200 --> 00:49:44,360
Senator Raffy T. Tulfo: one nga nga lang

1003
00:49:44,360 --> 00:49:46,320
Senator Raffy T. Tulfo: madam secretary

1004
00:49:46,320 --> 00:49:47,900
Senator Raffy T. Tulfo: gusto kong

1005
00:49:47,900 --> 00:49:48,600
Senator Raffy T. Tulfo: pag-usapan natin

1006
00:49:48,600 --> 00:49:49,040
Senator Raffy T. Tulfo: itong

1007
00:49:49,040 --> 00:49:50,800
Senator Raffy T. Tulfo: trust mark

1008
00:49:50,800 --> 00:49:53,140
Senator Raffy T. Tulfo: na iniimpose

1009
00:49:53,140 --> 00:49:54,040
Senator Raffy T. Tulfo: sa lahat

1010
00:49:54,040 --> 00:49:54,380
Senator Raffy T. Tulfo: ng mga

1011
00:49:54,380 --> 00:49:55,700
Senator Raffy T. Tulfo: online transactions

1012
00:49:55,700 --> 00:49:56,880
Senator Raffy T. Tulfo: and as we

1013
00:49:56,880 --> 00:49:57,300
Senator Raffy T. Tulfo: all know

1014
00:49:57,300 --> 00:49:57,680
Senator Raffy T. Tulfo: itong mga

1015
00:49:57,680 --> 00:49:58,560
Senator Raffy T. Tulfo: online transactions

1016
00:49:58,580 --> 00:49:59,060
Senator Raffy T. Tulfo: these are

1017
00:49:59,060 --> 00:49:59,760
Senator Raffy T. Tulfo: being conducted

1018
00:49:59,760 --> 00:50:00,140
Senator Raffy T. Tulfo: by

1019
00:50:00,140 --> 00:50:01,260
Senator Raffy T. Tulfo: SMS

1020
00:50:01,260 --> 00:50:03,520
Senator Raffy T. Tulfo: SMEs

1021
00:50:03,520 --> 00:50:04,280
Senator Raffy T. Tulfo: ng mga

1022
00:50:04,280 --> 00:50:04,720
Senator Raffy T. Tulfo: businesses

1023
00:50:04,720 --> 00:50:06,220
Senator Raffy T. Tulfo: which accounts

1024
00:50:06,220 --> 00:50:06,980
Senator Raffy T. Tulfo: to 90

1025
00:50:06,980 --> 00:50:08,080
Senator Raffy T. Tulfo: plus percent

1026
00:50:08,080 --> 00:50:08,880
Senator Raffy T. Tulfo: ng mga

1027
00:50:08,880 --> 00:50:09,380
Senator Raffy T. Tulfo: negosyo

1028
00:50:09,380 --> 00:50:09,800
Senator Raffy T. Tulfo: sa buong

1029
00:50:09,800 --> 00:50:10,400
Senator Raffy T. Tulfo: Pilipinas

1030
00:50:10,400 --> 00:50:11,640
Senator Raffy T. Tulfo: now

1031
00:50:11,640 --> 00:50:12,540
Senator Raffy T. Tulfo: sinasabi dito

1032
00:50:12,540 --> 00:50:13,140
Senator Raffy T. Tulfo: voluntary

1033
00:50:13,140 --> 00:50:14,640
Senator Raffy T. Tulfo: until the

1034
00:50:14,640 --> 00:50:15,180
Senator Raffy T. Tulfo: end of

1035
00:50:15,180 --> 00:50:16,200
Senator Raffy T. Tulfo: 2026

1036
00:50:16,200 --> 00:50:17,300
Senator Raffy T. Tulfo: so after

1037
00:50:17,300 --> 00:50:18,200
Senator Raffy T. Tulfo: 2026

1038
00:50:18,200 --> 00:50:18,680
Senator Raffy T. Tulfo: what's gonna

1039
00:50:18,680 --> 00:50:19,120
Senator Raffy T. Tulfo: happen

1040
00:50:19,120 --> 00:50:21,540
DTI Secretary Maria Cristina Aldeguer-Roque: good afternoon

1041
00:50:21,540 --> 00:50:22,020
DTI Secretary Maria Cristina Aldeguer-Roque: Senator

1042
00:50:22,020 --> 00:50:22,600
DTI Secretary Maria Cristina Aldeguer-Roque: and

1043
00:50:22,600 --> 00:50:23,840
DTI Secretary Maria Cristina Aldeguer-Roque: Mr.

1044
00:50:24,020 --> 00:50:24,280
DTI Secretary Maria Cristina Aldeguer-Roque: Chair

1045
00:50:24,280 --> 00:50:25,520
DTI Secretary Maria Cristina Aldeguer-Roque: after 20

1046
00:50:25,520 --> 00:50:25,960
DTI Secretary Maria Cristina Aldeguer-Roque: before

1047
00:50:25,960 --> 00:50:27,060
DTI Secretary Maria Cristina Aldeguer-Roque: mag-ending

1048
00:50:27,060 --> 00:50:27,940
DTI Secretary Maria Cristina Aldeguer-Roque: 2026

1049
00:50:27,940 --> 00:50:28,360
DTI Secretary Maria Cristina Aldeguer-Roque: we will

1050
00:50:28,360 --> 00:50:29,120
DTI Secretary Maria Cristina Aldeguer-Roque: assess again

1051
00:50:29,120 --> 00:50:30,480
DTI Secretary Maria Cristina Aldeguer-Roque: if we need

1052
00:50:30,480 --> 00:50:31,120
DTI Secretary Maria Cristina Aldeguer-Roque: to make it

1053
00:50:31,120 --> 00:50:31,780
DTI Secretary Maria Cristina Aldeguer-Roque: voluntary

1054
00:50:31,780 --> 00:50:33,020
DTI Secretary Maria Cristina Aldeguer-Roque: because for now

1055
00:50:33,020 --> 00:50:33,760
DTI Secretary Maria Cristina Aldeguer-Roque: we give it out

1056
00:50:33,760 --> 00:50:34,400
DTI Secretary Maria Cristina Aldeguer-Roque: for free

1057
00:50:34,400 --> 00:50:35,900
DTI Secretary Maria Cristina Aldeguer-Roque: ang ano natin

1058
00:50:35,900 --> 00:50:36,480
DTI Secretary Maria Cristina Aldeguer-Roque: is to really

1059
00:50:36,480 --> 00:50:37,280
DTI Secretary Maria Cristina Aldeguer-Roque: encourage them

1060
00:50:37,280 --> 00:50:38,020
DTI Secretary Maria Cristina Aldeguer-Roque: sana to

1061
00:50:38,020 --> 00:50:38,800
DTI Secretary Maria Cristina Aldeguer-Roque: avail of the

1062
00:50:38,800 --> 00:50:39,320
DTI Secretary Maria Cristina Aldeguer-Roque: trust mark

1063
00:50:39,320 --> 00:50:40,040
DTI Secretary Maria Cristina Aldeguer-Roque: so if I'm a

1064
00:50:40,040 --> 00:50:40,660
DTI Secretary Maria Cristina Aldeguer-Roque: buyer or

1065
00:50:40,660 --> 00:50:41,240
DTI Secretary Maria Cristina Aldeguer-Roque: consumer

1066
00:50:41,240 --> 00:50:42,540
DTI Secretary Maria Cristina Aldeguer-Roque: pag nakita ko

1067
00:50:42,540 --> 00:50:43,160
DTI Secretary Maria Cristina Aldeguer-Roque: yung item

1068
00:50:43,160 --> 00:50:44,120
DTI Secretary Maria Cristina Aldeguer-Roque: may trust mark

1069
00:50:44,120 --> 00:50:44,740
DTI Secretary Maria Cristina Aldeguer-Roque: or seal ng

1070
00:50:44,740 --> 00:50:45,160
DTI Secretary Maria Cristina Aldeguer-Roque: DTI

1071
00:50:45,160 --> 00:50:46,080
DTI Secretary Maria Cristina Aldeguer-Roque: kahit pa pano

1072
00:50:46,080 --> 00:50:46,760
DTI Secretary Maria Cristina Aldeguer-Roque: dumaan ito

1073
00:50:46,760 --> 00:50:47,440
DTI Secretary Maria Cristina Aldeguer-Roque: sa pag-check

1074
00:50:47,440 --> 00:50:47,960
DTI Secretary Maria Cristina Aldeguer-Roque: po ng

1075
00:50:47,960 --> 00:50:48,720
DTI Secretary Maria Cristina Aldeguer-Roque: DTI

1076
00:50:48,720 --> 00:50:50,200
Senator Raffy T. Tulfo: first of all

1077
00:50:50,200 --> 00:50:51,140
Senator Raffy T. Tulfo: medyo mataas

1078
00:50:51,140 --> 00:50:51,600
Senator Raffy T. Tulfo: nga po itong

1079
00:50:51,600 --> 00:50:52,160
Senator Raffy T. Tulfo: singilin ito

1080
00:50:52,160 --> 00:50:53,940
Senator Raffy T. Tulfo: 1,130

1081
00:50:53,940 --> 00:50:55,500
Senator Raffy T. Tulfo: medyo mabigat

1082
00:50:55,500 --> 00:50:55,680
Senator Raffy T. Tulfo: ito

1083
00:50:55,680 --> 00:50:56,240
Senator Raffy T. Tulfo: lalo sa

1084
00:50:56,240 --> 00:50:56,760
Senator Raffy T. Tulfo: sabi ko

1085
00:50:56,760 --> 00:50:57,400
Senator Raffy T. Tulfo: dun sa mga

1086
00:50:57,400 --> 00:50:58,240
Senator Raffy T. Tulfo: maliliit

1087
00:50:58,360 --> 00:50:59,120
Senator Raffy T. Tulfo: na negosyo

1088
00:50:59,120 --> 00:51:00,540
Senator Raffy T. Tulfo: sa internet

1089
00:51:00,540 --> 00:51:01,560
DTI Secretary Maria Cristina Aldeguer-Roque: ah

1090
00:51:01,560 --> 00:51:03,020
DTI Secretary Maria Cristina Aldeguer-Roque: hindi po

1091
00:51:03,020 --> 00:51:03,980
DTI Secretary Maria Cristina Aldeguer-Roque: for the micro

1092
00:51:03,980 --> 00:51:05,460
DTI Secretary Maria Cristina Aldeguer-Roque: libre po ito

1093
00:51:05,460 --> 00:51:06,660
DTI Secretary Maria Cristina Aldeguer-Roque: so the trust mark

1094
00:51:06,660 --> 00:51:07,320
DTI Secretary Maria Cristina Aldeguer-Roque: is free po

1095
00:51:07,320 --> 00:51:08,140
DTI Secretary Maria Cristina Aldeguer-Roque: all they need to do

1096
00:51:08,140 --> 00:51:08,740
DTI Secretary Maria Cristina Aldeguer-Roque: is to have their

1097
00:51:08,740 --> 00:51:09,520
DTI Secretary Maria Cristina Aldeguer-Roque: products checked

1098
00:51:09,520 --> 00:51:10,320
DTI Secretary Maria Cristina Aldeguer-Roque: by the DTI

1099
00:51:10,320 --> 00:51:11,800
Senator Raffy T. Tulfo: ito 1,130

1100
00:51:11,800 --> 00:51:12,220
Senator Raffy T. Tulfo: para

1101
00:51:12,220 --> 00:51:12,840
DTI Secretary Maria Cristina Aldeguer-Roque: hindi po

1102
00:51:12,840 --> 00:51:13,540
DTI Secretary Maria Cristina Aldeguer-Roque: for the medium

1103
00:51:13,540 --> 00:51:14,640
DTI Secretary Maria Cristina Aldeguer-Roque: enterprises po

1104
00:51:14,640 --> 00:51:14,980
DTI Secretary Maria Cristina Aldeguer-Roque: yun

1105
00:51:14,980 --> 00:51:15,520
Senator Raffy T. Tulfo: okay

1106
00:51:15,520 --> 00:51:16,460
Senator Raffy T. Tulfo: for the medium

1107
00:51:16,460 --> 00:51:16,900
DTI Secretary Maria Cristina Aldeguer-Roque: enterprises

1108
00:51:16,900 --> 00:51:17,900
DTI Secretary Maria Cristina Aldeguer-Roque: for the medium

1109
00:51:17,900 --> 00:51:18,480
DTI Secretary Maria Cristina Aldeguer-Roque: enterprise

1110
00:51:18,480 --> 00:51:19,020
DTI Secretary Maria Cristina Aldeguer-Roque: that means

1111
00:51:19,020 --> 00:51:19,740
DTI Secretary Maria Cristina Aldeguer-Roque: that yung asset

1112
00:51:19,740 --> 00:51:20,460
DTI Secretary Maria Cristina Aldeguer-Roque: size po

1113
00:51:20,460 --> 00:51:21,240
DTI Secretary Maria Cristina Aldeguer-Roque: for them to be

1114
00:51:21,240 --> 00:51:21,940
DTI Secretary Maria Cristina Aldeguer-Roque: considered po

1115
00:51:21,940 --> 00:51:22,340
DTI Secretary Maria Cristina Aldeguer-Roque: as medium

1116
00:51:22,340 --> 00:51:22,940
DTI Secretary Maria Cristina Aldeguer-Roque: enterprise

1117
00:51:22,940 --> 00:51:23,880
DTI Secretary Maria Cristina Aldeguer-Roque: they must have

1118
00:51:23,880 --> 00:51:24,580
DTI Secretary Maria Cristina Aldeguer-Roque: an asset size

1119
00:51:24,580 --> 00:51:25,560
DTI Secretary Maria Cristina Aldeguer-Roque: of 30 million

1120
00:51:25,560 --> 00:51:27,160
DTI Secretary Maria Cristina Aldeguer-Roque: plus 200 million

1121
00:51:27,160 --> 00:51:27,760
Senator Raffy T. Tulfo: ah

1122
00:51:27,760 --> 00:51:28,960
Senator Raffy T. Tulfo: 30 million

1123
00:51:28,960 --> 00:51:29,760
Senator Raffy T. Tulfo: 200 million

1124
00:51:29,760 --> 00:51:30,060
DTI Secretary Maria Cristina Aldeguer-Roque: yes

1125
00:51:30,060 --> 00:51:31,420
DTI Secretary Maria Cristina Aldeguer-Roque: yun po yung asset size

1126
00:51:31,420 --> 00:51:32,240
DTI Secretary Maria Cristina Aldeguer-Roque: for them to be

1127
00:51:32,240 --> 00:51:33,220
DTI Secretary Maria Cristina Aldeguer-Roque: considered a medium

1128
00:51:33,220 --> 00:51:33,880
DTI Secretary Maria Cristina Aldeguer-Roque: enterprise

1129
00:51:33,880 --> 00:51:35,060
Senator Raffy T. Tulfo: so dun sa less

1130
00:51:35,060 --> 00:51:36,520
Senator Raffy T. Tulfo: than 30 million

1131
00:51:36,520 --> 00:51:37,480
Senator Raffy T. Tulfo: ang assets

1132
00:51:37,480 --> 00:51:38,220
Senator Raffy T. Tulfo: libre

1133
00:51:38,220 --> 00:51:39,320
DTI Secretary Maria Cristina Aldeguer-Roque: libre po ito

1134
00:51:39,320 --> 00:51:39,860
Senator Raffy T. Tulfo: very good

1135
00:51:39,860 --> 00:51:40,480
DTI Secretary Maria Cristina Aldeguer-Roque: yung trust mark

1136
00:51:40,480 --> 00:51:42,020
DTI Secretary Maria Cristina Aldeguer-Roque: so we encourage

1137
00:51:42,020 --> 00:51:42,520
DTI Secretary Maria Cristina Aldeguer-Roque: them po

1138
00:51:42,520 --> 00:51:44,420
DTI Secretary Maria Cristina Aldeguer-Roque: to get the trust mark

1139
00:51:44,420 --> 00:51:45,800
DTI Secretary Maria Cristina Aldeguer-Roque: para ako po yung

1140
00:51:45,800 --> 00:51:46,760
DTI Secretary Maria Cristina Aldeguer-Roque: customer

1141
00:51:46,760 --> 00:51:47,180
DTI Secretary Maria Cristina Aldeguer-Roque: let's say

1142
00:51:47,180 --> 00:51:48,540
DTI Secretary Maria Cristina Aldeguer-Roque: papasko ngayon

1143
00:51:48,540 --> 00:51:49,300
DTI Secretary Maria Cristina Aldeguer-Roque: we want to buy

1144
00:51:49,300 --> 00:51:50,240
DTI Secretary Maria Cristina Aldeguer-Roque: the Christmas lights

1145
00:51:50,240 --> 00:51:51,540
DTI Secretary Maria Cristina Aldeguer-Roque: so pag meron po

1146
00:51:51,540 --> 00:51:52,760
DTI Secretary Maria Cristina Aldeguer-Roque: silang trust mark

1147
00:51:52,760 --> 00:51:53,420
DTI Secretary Maria Cristina Aldeguer-Roque: dun sa

1148
00:51:53,420 --> 00:51:54,680
DTI Secretary Maria Cristina Aldeguer-Roque: binibenta nilang

1149
00:51:54,680 --> 00:51:55,580
DTI Secretary Maria Cristina Aldeguer-Roque: product

1150
00:51:55,580 --> 00:51:56,780
DTI Secretary Maria Cristina Aldeguer-Roque: then at least

1151
00:51:56,780 --> 00:51:58,180
DTI Secretary Maria Cristina Aldeguer-Roque: kampante po

1152
00:51:58,180 --> 00:51:58,920
DTI Secretary Maria Cristina Aldeguer-Roque: yung consumer

1153
00:51:58,920 --> 00:51:59,840
DTI Secretary Maria Cristina Aldeguer-Roque: that when they buy

1154
00:51:59,840 --> 00:52:00,980
DTI Secretary Maria Cristina Aldeguer-Roque: nakadaan na po ito

1155
00:52:00,980 --> 00:52:02,180
DTI Secretary Maria Cristina Aldeguer-Roque: sa pagsusuri

1156
00:52:02,180 --> 00:52:02,740
DTI Secretary Maria Cristina Aldeguer-Roque: ng DTI

1157
00:52:02,740 --> 00:52:03,340
Senator Raffy T. Tulfo: I understand

1158
00:52:03,340 --> 00:52:04,720
Senator Raffy T. Tulfo: pero just the same

1159
00:52:04,720 --> 00:52:06,000
Senator Raffy T. Tulfo: di ba mas maganda

1160
00:52:06,000 --> 00:52:06,620
Senator Raffy T. Tulfo: kung gawin na natin

1161
00:52:06,620 --> 00:52:07,140
Senator Raffy T. Tulfo: voluntary

1162
00:52:07,140 --> 00:52:08,260
Senator Raffy T. Tulfo: all throughout

1163
00:52:08,260 --> 00:52:09,360
Senator Raffy T. Tulfo: it's up to

1164
00:52:09,360 --> 00:52:10,440
Senator Raffy T. Tulfo: the company

1165
00:52:10,440 --> 00:52:11,020
Senator Raffy T. Tulfo: kung

1166
00:52:11,020 --> 00:52:12,760
Senator Raffy T. Tulfo: tatangkilik sila

1167
00:52:12,760 --> 00:52:13,560
Senator Raffy T. Tulfo: ng trust mark

1168
00:52:13,560 --> 00:52:13,940
Senator Raffy T. Tulfo: ah

1169
00:52:13,940 --> 00:52:14,700
Senator Raffy T. Tulfo: ah

1170
00:52:14,700 --> 00:52:15,720
Senator Raffy T. Tulfo: rating

1171
00:52:15,720 --> 00:52:17,220
Senator Raffy T. Tulfo: na sinasabi ninyo

1172
00:52:17,220 --> 00:52:18,040
Senator Raffy T. Tulfo: na

1173
00:52:18,040 --> 00:52:19,560
Senator Raffy T. Tulfo: pabor naman sa kanila yun

1174
00:52:19,560 --> 00:52:20,240
Senator Raffy T. Tulfo: para sa kanila

1175
00:52:20,240 --> 00:52:20,780
Senator Raffy T. Tulfo: mga customer

1176
00:52:20,780 --> 00:52:22,000
Senator Raffy T. Tulfo: makikita na meron silang

1177
00:52:22,000 --> 00:52:23,020
Senator Raffy T. Tulfo: badge na ganoon

1178
00:52:23,020 --> 00:52:24,540
Senator Raffy T. Tulfo: so tatangkilikin sila

1179
00:52:24,540 --> 00:52:25,240
Senator Raffy T. Tulfo: kung ayaw nila

1180
00:52:25,240 --> 00:52:26,140
Senator Raffy T. Tulfo: ah

1181
00:52:26,140 --> 00:52:26,540
Senator Raffy T. Tulfo: ah

1182
00:52:26,540 --> 00:52:26,660
Senator Raffy T. Tulfo: ah

1183
00:52:26,660 --> 00:52:26,760
Senator Raffy T. Tulfo: ah

1184
00:52:26,780 --> 00:52:27,300
Senator Raffy T. Tulfo: , magbayad ng

1185
00:52:27,300 --> 00:52:28,260
Senator Raffy T. Tulfo: 1,130

1186
00:52:28,260 --> 00:52:29,820
Senator Raffy T. Tulfo: nasa kanila na yun

1187
00:52:29,820 --> 00:52:31,480
Senator Raffy T. Tulfo: kung nakita

1188
00:52:31,480 --> 00:52:32,380
Senator Raffy T. Tulfo: ng mga customer nila

1189
00:52:32,380 --> 00:52:33,520
Senator Raffy T. Tulfo: na wala ka palang

1190
00:52:33,520 --> 00:52:34,300
Senator Raffy T. Tulfo: trust mark

1191
00:52:34,300 --> 00:52:35,280
Senator Raffy T. Tulfo: galing sa DTI

1192
00:52:35,280 --> 00:52:36,920
Senator Raffy T. Tulfo: hindi kita tatangkilikin

1193
00:52:36,920 --> 00:52:38,040
Senator Raffy T. Tulfo: would it be better

1194
00:52:38,040 --> 00:52:38,880
Senator Raffy T. Tulfo: kung wala na lang

1195
00:52:38,880 --> 00:52:39,980
Senator Raffy T. Tulfo: muna itong trust mark

1196
00:52:39,980 --> 00:52:40,720
Senator Raffy T. Tulfo: at sa kasama po

1197
00:52:40,720 --> 00:52:41,180
Senator Raffy T. Tulfo: punta itong

1198
00:52:41,180 --> 00:52:42,740
Senator Raffy T. Tulfo: 1,130

1199
00:52:42,740 --> 00:52:43,660
Senator Raffy T. Tulfo: na ibabayad

1200
00:52:43,660 --> 00:52:44,240
Senator Raffy T. Tulfo: sa DTI

1201
00:52:44,240 --> 00:52:45,600
Senator Raffy T. Tulfo: where will it go?

1202
00:52:45,740 --> 00:52:45,940
DTI Secretary Maria Cristina Aldeguer-Roque: okay

1203
00:52:45,940 --> 00:52:46,580
DTI Secretary Maria Cristina Aldeguer-Roque: um

1204
00:52:46,580 --> 00:52:47,760
DTI Secretary Maria Cristina Aldeguer-Roque: Asec Marcos

1205
00:52:47,760 --> 00:52:48,160
DTI Secretary Maria Cristina Aldeguer-Roque: can you

1206
00:52:48,160 --> 00:52:49,160
DTI Secretary Maria Cristina Aldeguer-Roque: where the

1207
00:52:49,160 --> 00:52:50,160
DTI Secretary Maria Cristina Aldeguer-Roque: ah

1208
00:52:50,160 --> 00:52:51,000
DTI Assistant Secretary Atty. M. Marcus N. Valdez II: thank you

1209
00:52:51,000 --> 00:52:51,540
DTI Assistant Secretary Atty. M. Marcus N. Valdez II: Mr. Chair

1210
00:52:51,540 --> 00:52:51,840
DTI Assistant Secretary Atty. M. Marcus N. Valdez II: the

1211
00:52:51,840 --> 00:52:52,740
DTI Assistant Secretary Atty. M. Marcus N. Valdez II: um

1212
00:52:52,740 --> 00:52:54,000
DTI Assistant Secretary Atty. M. Marcus N. Valdez II: payment goes to the

1213
00:52:54,000 --> 00:52:54,300
DTI Assistant Secretary Atty. M. Marcus N. Valdez II: treasury

1214
00:52:54,300 --> 00:52:55,300
DTI Assistant Secretary Atty. M. Marcus N. Valdez II: Mr. Chair

1215
00:52:55,300 --> 00:52:56,500
DTI Assistant Secretary Atty. M. Marcus N. Valdez II: sa treasury

1216
00:52:56,500 --> 00:52:56,660
DTI Assistant Secretary Atty. M. Marcus N. Valdez II: treasury

1217
00:52:56,660 --> 00:53:02,540
DTI Assistant Secretary Atty. M. Marcus N. Valdez II: yung

1218
00:53:02,540 --> 00:53:03,160
DTI Assistant Secretary Atty. M. Marcus N. Valdez II: payment po

1219
00:53:03,160 --> 00:53:03,620
DTI Assistant Secretary Atty. M. Marcus N. Valdez II: for the

1220
00:53:03,620 --> 00:53:04,160
DTI Assistant Secretary Atty. M. Marcus N. Valdez II: trust mark

1221
00:53:04,160 --> 00:53:04,880
DTI Assistant Secretary Atty. M. Marcus N. Valdez II: they go to the

1222
00:53:04,880 --> 00:53:05,300
DTI Assistant Secretary Atty. M. Marcus N. Valdez II: treasury

1223
00:53:05,300 --> 00:53:05,760
DTI Assistant Secretary Atty. M. Marcus N. Valdez II: bureau of

1224
00:53:05,760 --> 00:53:06,060
DTI Assistant Secretary Atty. M. Marcus N. Valdez II: treasury

1225
00:53:06,060 --> 00:53:06,560
DTI Assistant Secretary Atty. M. Marcus N. Valdez II: so

1226
00:53:06,560 --> 00:53:07,260
Senator Raffy T. Tulfo: magkano po

1227
00:53:07,260 --> 00:53:07,580
Senator Raffy T. Tulfo: yung

1228
00:53:07,580 --> 00:53:08,360
Senator Raffy T. Tulfo: inyo pong

1229
00:53:08,360 --> 00:53:09,040
Senator Raffy T. Tulfo: ah

1230
00:53:09,040 --> 00:53:10,200
Senator Raffy T. Tulfo: na

1231
00:53:10,200 --> 00:53:11,180
Senator Raffy T. Tulfo: anticipate

1232
00:53:11,180 --> 00:53:12,920
Senator Raffy T. Tulfo: na makukulekta nyo

1233
00:53:12,920 --> 00:53:14,400
Senator Raffy T. Tulfo: from the

1234
00:53:14,400 --> 00:53:15,060
Senator Raffy T. Tulfo: trust mark

1235
00:53:15,060 --> 00:53:16,940
Senator Raffy T. Tulfo: that would be

1236
00:53:16,940 --> 00:53:18,000
Senator Raffy T. Tulfo: imposed by

1237
00:53:18,000 --> 00:53:18,900
Senator Raffy T. Tulfo: the DTI

1238
00:53:18,900 --> 00:53:19,440
Senator Raffy T. Tulfo: by

1239
00:53:19,440 --> 00:53:20,140
Senator Raffy T. Tulfo: your

1240
00:53:20,140 --> 00:53:21,620
Senator Raffy T. Tulfo: the department

1241
00:53:21,620 --> 00:53:22,900
Senator Raffy T. Tulfo: after

1242
00:53:22,900 --> 00:53:23,640
Senator Raffy T. Tulfo: 2026

1243
00:53:23,640 --> 00:53:24,500
Senator Raffy T. Tulfo: after na makagawa

1244
00:53:24,500 --> 00:53:25,020
Senator Raffy T. Tulfo: kayo ng assessment

1245
00:53:25,020 --> 00:53:25,600
Senator Raffy T. Tulfo: na sinabi nyo

1246
00:53:25,600 --> 00:53:26,440
Senator Raffy T. Tulfo: sige gagawin natin

1247
00:53:26,440 --> 00:53:27,200
Senator Raffy T. Tulfo: itong mandatory

1248
00:53:27,200 --> 00:53:28,020
Senator Raffy T. Tulfo: ah

1249
00:53:28,020 --> 00:53:29,000
DTI Assistant Secretary Atty. M. Marcus N. Valdez II: thank you Mr. Chair

1250
00:53:29,000 --> 00:53:29,580
DTI Assistant Secretary Atty. M. Marcus N. Valdez II: um

1251
00:53:29,580 --> 00:53:30,180
DTI Assistant Secretary Atty. M. Marcus N. Valdez II: ah

1252
00:53:30,180 --> 00:53:30,780
DTI Assistant Secretary Atty. M. Marcus N. Valdez II: Mr. Senator

1253
00:53:30,780 --> 00:53:31,220
DTI Assistant Secretary Atty. M. Marcus N. Valdez II: ang

1254
00:53:31,220 --> 00:53:33,820
DTI Assistant Secretary Atty. M. Marcus N. Valdez II: what we're doing po

1255
00:53:33,820 --> 00:53:34,940
DTI Assistant Secretary Atty. M. Marcus N. Valdez II: right now is um

1256
00:53:34,940 --> 00:53:36,220
DTI Assistant Secretary Atty. M. Marcus N. Valdez II: we are

1257
00:53:36,220 --> 00:53:36,780
DTI Assistant Secretary Atty. M. Marcus N. Valdez II: um

1258
00:53:36,780 --> 00:53:38,060
DTI Assistant Secretary Atty. M. Marcus N. Valdez II: discussing with

1259
00:53:38,060 --> 00:53:38,460
DTI Assistant Secretary Atty. M. Marcus N. Valdez II: um

1260
00:53:38,460 --> 00:53:39,480
DTI Assistant Secretary Atty. M. Marcus N. Valdez II: the industry

1261
00:53:39,480 --> 00:53:41,000
DTI Assistant Secretary Atty. M. Marcus N. Valdez II: um

1262
00:53:41,000 --> 00:53:43,120
DTI Assistant Secretary Atty. M. Marcus N. Valdez II: to build

1263
00:53:43,120 --> 00:53:43,760
DTI Assistant Secretary Atty. M. Marcus N. Valdez II: po yung

1264
00:53:43,760 --> 00:53:44,200
DTI Assistant Secretary Atty. M. Marcus N. Valdez II: e-commerce

1265
00:53:44,200 --> 00:53:45,280
DTI Assistant Secretary Atty. M. Marcus N. Valdez II: promotion council

1266
00:53:45,280 --> 00:53:46,900
DTI Assistant Secretary Atty. M. Marcus N. Valdez II: and um

1267
00:53:46,900 --> 00:53:48,420
DTI Assistant Secretary Atty. M. Marcus N. Valdez II: eventually hand over

1268
00:53:48,420 --> 00:53:49,080
DTI Assistant Secretary Atty. M. Marcus N. Valdez II: the

1269
00:53:49,080 --> 00:53:49,980
DTI Assistant Secretary Atty. M. Marcus N. Valdez II: ah

1270
00:53:49,980 --> 00:53:50,700
DTI Assistant Secretary Atty. M. Marcus N. Valdez II: running of the

1271
00:53:50,700 --> 00:53:51,280
DTI Assistant Secretary Atty. M. Marcus N. Valdez II: trust mark

1272
00:53:51,280 --> 00:53:51,800
DTI Assistant Secretary Atty. M. Marcus N. Valdez II: to the

1273
00:53:51,800 --> 00:53:52,220
DTI Assistant Secretary Atty. M. Marcus N. Valdez II: e-commerce

1274
00:53:52,220 --> 00:53:53,280
DTI Assistant Secretary Atty. M. Marcus N. Valdez II: promotion council

1275
00:53:53,280 --> 00:53:54,300
DTI Assistant Secretary Atty. M. Marcus N. Valdez II: ah

1276
00:53:54,300 --> 00:53:54,860
DTI Assistant Secretary Atty. M. Marcus N. Valdez II: yung e-commerce

1277
00:53:54,860 --> 00:53:55,880
DTI Assistant Secretary Atty. M. Marcus N. Valdez II: promotion council po

1278
00:53:55,880 --> 00:53:56,420
DTI Assistant Secretary Atty. M. Marcus N. Valdez II: would be

1279
00:53:56,440 --> 00:53:57,600
DTI Assistant Secretary Atty. M. Marcus N. Valdez II: ah

1280
00:53:57,600 --> 00:53:59,100
DTI Assistant Secretary Atty. M. Marcus N. Valdez II: membership po

1281
00:53:59,100 --> 00:53:59,860
DTI Assistant Secretary Atty. M. Marcus N. Valdez II: yan of course

1282
00:53:59,860 --> 00:54:00,260
DTI Assistant Secretary Atty. M. Marcus N. Valdez II: would be

1283
00:54:00,260 --> 00:54:01,220
DTI Assistant Secretary Atty. M. Marcus N. Valdez II: the government

1284
00:54:01,220 --> 00:54:02,100
DTI Assistant Secretary Atty. M. Marcus N. Valdez II: agencies

1285
00:54:02,100 --> 00:54:02,980
DTI Assistant Secretary Atty. M. Marcus N. Valdez II: and also

1286
00:54:02,980 --> 00:54:04,380
DTI Assistant Secretary Atty. M. Marcus N. Valdez II: yung private sector

1287
00:54:04,380 --> 00:54:05,520
DTI Assistant Secretary Atty. M. Marcus N. Valdez II: so andun po yung mga

1288
00:54:05,520 --> 00:54:06,340
DTI Assistant Secretary Atty. M. Marcus N. Valdez II: ah

1289
00:54:06,340 --> 00:54:06,920
DTI Assistant Secretary Atty. M. Marcus N. Valdez II: platforms

1290
00:54:06,920 --> 00:54:08,260
DTI Assistant Secretary Atty. M. Marcus N. Valdez II: ah

1291
00:54:08,260 --> 00:54:09,020
DTI Assistant Secretary Atty. M. Marcus N. Valdez II: merchants

1292
00:54:09,020 --> 00:54:10,260
DTI Assistant Secretary Atty. M. Marcus N. Valdez II: ah

1293
00:54:10,260 --> 00:54:11,020
DTI Assistant Secretary Atty. M. Marcus N. Valdez II: internet service

1294
00:54:11,020 --> 00:54:11,740
DTI Assistant Secretary Atty. M. Marcus N. Valdez II: providers

1295
00:54:11,740 --> 00:54:13,120
DTI Assistant Secretary Atty. M. Marcus N. Valdez II: yun po

1296
00:54:13,120 --> 00:54:14,960
Senator Raffy T. Tulfo: Mr. Chair

1297
00:54:14,960 --> 00:54:15,560
Senator Raffy T. Tulfo: para sa akin

1298
00:54:15,560 --> 00:54:16,400
Senator Raffy T. Tulfo: nung malaman ko na

1299
00:54:16,400 --> 00:54:17,320
Senator Raffy T. Tulfo: 30 million pala

1300
00:54:17,320 --> 00:54:18,100
Senator Raffy T. Tulfo: ang capital

1301
00:54:18,100 --> 00:54:19,460
Senator Raffy T. Tulfo: pataas yun yung

1302
00:54:19,460 --> 00:54:20,520
Senator Raffy T. Tulfo: kaya magbayad ng

1303
00:54:20,520 --> 00:54:21,840
Senator Raffy T. Tulfo: medium enterprises

1304
00:54:21,840 --> 00:54:22,980
Senator Raffy T. Tulfo: na magbayad ng

1305
00:54:22,980 --> 00:54:23,380
Senator Raffy T. Tulfo: trust mark

1306
00:54:23,380 --> 00:54:24,340
Senator Raffy T. Tulfo: kaya nila yun

1307
00:54:24,340 --> 00:54:25,420
Senator Raffy T. Tulfo: kasi kung mga

1308
00:54:25,420 --> 00:54:26,360
Senator Raffy T. Tulfo: ang kapital lang

1309
00:54:26,360 --> 00:54:26,420
Senator Raffy T. Tulfo: yun

1310
00:54:26,440 --> 00:54:26,820
Senator Raffy T. Tulfo: yung mga

1311
00:54:26,820 --> 00:54:27,700
Senator Raffy T. Tulfo: 100,000

1312
00:54:27,700 --> 00:54:28,220
Senator Raffy T. Tulfo: 200,000

1313
00:54:28,220 --> 00:54:28,780
Senator Raffy T. Tulfo: medyo mabigat

1314
00:54:28,780 --> 00:54:29,220
Senator Raffy T. Tulfo: sa kanila yun

1315
00:54:29,220 --> 00:54:30,400
Senator Raffy T. Tulfo: so hindi kasama

1316
00:54:30,400 --> 00:54:31,640
Senator Raffy T. Tulfo: gusto kong klaruhin yun

1317
00:54:31,640 --> 00:54:34,880
Senator Raffy T. Tulfo: on the record please

1318
00:54:34,880 --> 00:54:35,820
Senator Raffy T. Tulfo: on the record please

1319
00:54:35,820 --> 00:54:38,580
DTI Secretary Maria Cristina Aldeguer-Roque: yung small enterprise po

1320
00:54:38,580 --> 00:54:39,360
DTI Secretary Maria Cristina Aldeguer-Roque: is um

1321
00:54:39,360 --> 00:54:39,920
DTI Secretary Maria Cristina Aldeguer-Roque: free

1322
00:54:39,920 --> 00:54:40,940
DTI Secretary Maria Cristina Aldeguer-Roque: 30 million

1323
00:54:40,940 --> 00:54:42,260
DTI Secretary Maria Cristina Aldeguer-Roque: that's a smaller

1324
00:54:42,260 --> 00:54:42,980
DTI Secretary Maria Cristina Aldeguer-Roque: enterprise

1325
00:54:42,980 --> 00:54:43,520
DTI Secretary Maria Cristina Aldeguer-Roque: below 30 million

1326
00:54:43,520 --> 00:54:44,500
Senator Raffy T. Tulfo: libre

1327
00:54:44,500 --> 00:54:45,420
DTI Secretary Maria Cristina Aldeguer-Roque: is ano

1328
00:54:45,420 --> 00:54:46,620
DTI Secretary Maria Cristina Aldeguer-Roque: is um

1329
00:54:46,620 --> 00:54:47,560
DTI Secretary Maria Cristina Aldeguer-Roque: small enterprise

1330
00:54:47,560 --> 00:54:48,820
DTI Secretary Maria Cristina Aldeguer-Roque: yun na micro po

1331
00:54:48,820 --> 00:54:49,960
DTI Secretary Maria Cristina Aldeguer-Roque: yung up to

1332
00:54:49,960 --> 00:54:50,820
DTI Secretary Maria Cristina Aldeguer-Roque: 3 million yung

1333
00:54:50,820 --> 00:54:51,740
DTI Secretary Maria Cristina Aldeguer-Roque: asset size nila

1334
00:54:51,740 --> 00:54:52,740
DTI Secretary Maria Cristina Aldeguer-Roque: libre po ito

1335
00:54:52,740 --> 00:54:53,480
Senator Raffy T. Tulfo: up to 3 million

1336
00:54:53,480 --> 00:54:55,360
Senator Raffy T. Tulfo: sabi nyo kanina

1337
00:54:55,360 --> 00:54:56,060
Senator Raffy T. Tulfo: 30 million

1338
00:54:56,440 --> 00:54:57,460
Senator Raffy T. Tulfo: can we clarify

1339
00:54:57,460 --> 00:54:58,900
DTI Secretary Maria Cristina Aldeguer-Roque: there's a micro

1340
00:54:58,900 --> 00:54:59,800
DTI Secretary Maria Cristina Aldeguer-Roque: senator

1341
00:54:59,800 --> 00:55:01,040
DTI Secretary Maria Cristina Aldeguer-Roque: and then there's a small

1342
00:55:01,040 --> 00:55:01,880
DTI Secretary Maria Cristina Aldeguer-Roque: and then there's also

1343
00:55:01,880 --> 00:55:02,920
DTI Secretary Maria Cristina Aldeguer-Roque: the medium enterprise

1344
00:55:02,920 --> 00:55:04,120
DTI Secretary Maria Cristina Aldeguer-Roque: so for the micro

1345
00:55:04,120 --> 00:55:05,960
DTI Secretary Maria Cristina Aldeguer-Roque: I'll just get the exact

1346
00:55:05,960 --> 00:55:06,640
DTI Secretary Maria Cristina Aldeguer-Roque: um

1347
00:55:06,640 --> 00:55:07,220
DTI Secretary Maria Cristina Aldeguer-Roque: so meron pa rin

1348
00:55:07,220 --> 00:55:08,200
DTI Secretary Maria Cristina Aldeguer-Roque: doon sa micro

1349
00:55:08,200 --> 00:55:08,840
Senator Raffy T. Tulfo: dapat libre

1350
00:55:08,840 --> 00:55:09,740
Senator Raffy T. Tulfo: or voluntary

1351
00:55:09,740 --> 00:55:12,340
Senator Raffy T. Tulfo: sabi mo may 3 million assets

1352
00:55:12,340 --> 00:55:12,740
Senator Raffy T. Tulfo: yung

1353
00:55:12,740 --> 00:55:14,260
DTI Secretary Maria Cristina Aldeguer-Roque: so ano po

1354
00:55:14,260 --> 00:55:14,940
DTI Secretary Maria Cristina Aldeguer-Roque: yung micro

1355
00:55:14,940 --> 00:55:15,440
DTI Secretary Maria Cristina Aldeguer-Roque: libre

1356
00:55:15,440 --> 00:55:16,800
DTI Secretary Maria Cristina Aldeguer-Roque: yung

1357
00:55:16,800 --> 00:55:18,260
Senator Paolo Benigno "Bam" Aquino IV: yung small

1358
00:55:18,260 --> 00:55:19,120
Senator Paolo Benigno "Bam" Aquino IV: which is 3 million

1359
00:55:19,120 --> 00:55:19,800
DTI Secretary Maria Cristina Aldeguer-Roque: to 30 million

1360
00:55:19,800 --> 00:55:20,240
DTI Secretary Maria Cristina Aldeguer-Roque: yung assets

1361
00:55:20,240 --> 00:55:21,080
DTI Secretary Maria Cristina Aldeguer-Roque: meron po silang

1362
00:55:21,080 --> 00:55:22,180
DTI Secretary Maria Cristina Aldeguer-Roque: application fee

1363
00:55:22,180 --> 00:55:23,140
DTI Secretary Maria Cristina Aldeguer-Roque: tapos meron lang

1364
00:55:23,140 --> 00:55:24,380
DTI Secretary Maria Cristina Aldeguer-Roque: 130 pesos

1365
00:55:24,380 --> 00:55:25,200
DTI Secretary Maria Cristina Aldeguer-Roque: that they pay

1366
00:55:25,200 --> 00:55:25,780
Senator Raffy T. Tulfo: how much is the

1367
00:55:25,780 --> 00:55:26,420
Senator Raffy T. Tulfo: application fee?

1368
00:55:26,440 --> 00:55:29,340
Senator Raffy T. Tulfo: can we

1369
00:55:29,340 --> 00:55:32,440
Senator Raffy T. Tulfo: again

1370
00:55:32,440 --> 00:55:33,720
DTI Secretary Maria Cristina Aldeguer-Roque: doon po tayo

1371
00:55:33,720 --> 00:55:34,480
DTI Secretary Maria Cristina Aldeguer-Roque: sa asset size

1372
00:55:34,480 --> 00:55:35,260
DTI Secretary Maria Cristina Aldeguer-Roque: for the micro

1373
00:55:35,260 --> 00:55:36,520
DTI Secretary Maria Cristina Aldeguer-Roque: is up to 3 million

1374
00:55:36,520 --> 00:55:37,680
DTI Secretary Maria Cristina Aldeguer-Roque: yung asset size

1375
00:55:37,680 --> 00:55:38,480
DTI Secretary Maria Cristina Aldeguer-Roque: for them to be

1376
00:55:38,480 --> 00:55:39,360
DTI Secretary Maria Cristina Aldeguer-Roque: considered a micro

1377
00:55:39,360 --> 00:55:40,140
DTI Secretary Maria Cristina Aldeguer-Roque: enterprise

1378
00:55:40,140 --> 00:55:41,080
DTI Secretary Maria Cristina Aldeguer-Roque: and then they're free

1379
00:55:41,080 --> 00:55:42,240
DTI Secretary Maria Cristina Aldeguer-Roque: doon sa

1380
00:55:42,240 --> 00:55:43,180
DTI Secretary Maria Cristina Aldeguer-Roque: free sila sa Trustmark

1381
00:55:43,180 --> 00:55:44,800
Senator Paolo Benigno "Bam" Aquino IV: free sila sa Trustmark

1382
00:55:44,800 --> 00:55:45,540
DTI Secretary Maria Cristina Aldeguer-Roque: again again

1383
00:55:45,540 --> 00:55:46,640
Senator Paolo Benigno "Bam" Aquino IV: are they free sa Trustmark?

1384
00:55:46,660 --> 00:55:46,860
DTI Secretary Maria Cristina Aldeguer-Roque: free

1385
00:55:46,860 --> 00:55:47,700
DTI Secretary Maria Cristina Aldeguer-Roque: they are free

1386
00:55:47,700 --> 00:55:47,980
DTI Secretary Maria Cristina Aldeguer-Roque: okay

1387
00:55:47,980 --> 00:55:48,640
Senator Paolo Benigno "Bam" Aquino IV: next

1388
00:55:48,640 --> 00:55:49,940
DTI Secretary Maria Cristina Aldeguer-Roque: and then for the

1389
00:55:49,940 --> 00:55:50,940
DTI Secretary Maria Cristina Aldeguer-Roque: small enterprises

1390
00:55:50,940 --> 00:55:51,920
DTI Secretary Maria Cristina Aldeguer-Roque: 3 million

1391
00:55:51,920 --> 00:55:53,800
DTI Secretary Maria Cristina Aldeguer-Roque: up to 15 million po

1392
00:55:53,800 --> 00:55:55,200
DTI Secretary Maria Cristina Aldeguer-Roque: yung asset size nila

1393
00:55:55,200 --> 00:55:56,180
DTI Secretary Maria Cristina Aldeguer-Roque: so sila

1394
00:55:56,180 --> 00:55:57,500
DTI Secretary Maria Cristina Aldeguer-Roque: may binabayaran

1395
00:55:57,500 --> 00:55:57,720
DTI Secretary Maria Cristina Aldeguer-Roque: may

1396
00:55:57,720 --> 00:55:59,860
DTI Secretary Maria Cristina Aldeguer-Roque: there's a small

1397
00:55:59,860 --> 00:56:01,020
DTI Secretary Maria Cristina Aldeguer-Roque: yet the exact

1398
00:56:01,020 --> 00:56:01,580
Senator Raffy T. Tulfo: how much?

1399
00:56:01,760 --> 00:56:02,120
DTI Secretary Maria Cristina Aldeguer-Roque: I forgot

1400
00:56:02,120 --> 00:56:07,300
DTI Secretary Maria Cristina Aldeguer-Roque: 630 pesos

1401
00:56:07,300 --> 00:56:08,140
Senator Raffy T. Tulfo: yan yung sinasabi ko

1402
00:56:08,140 --> 00:56:09,720
Senator Raffy T. Tulfo: dapat voluntary na lang

1403
00:56:09,720 --> 00:56:10,720
DTI Secretary Maria Cristina Aldeguer-Roque: voluntary po

1404
00:56:10,720 --> 00:56:11,420
DTI Secretary Maria Cristina Aldeguer-Roque: up to

1405
00:56:11,420 --> 00:56:12,400
DTI Secretary Maria Cristina Aldeguer-Roque: the 2026

1406
00:56:12,400 --> 00:56:13,820
Senator Raffy T. Tulfo: even after 2026

1407
00:56:13,820 --> 00:56:15,060
DTI Secretary Maria Cristina Aldeguer-Roque: make it still voluntary

1408
00:56:15,060 --> 00:56:16,280
DTI Secretary Maria Cristina Aldeguer-Roque: kasi

1409
00:56:16,280 --> 00:56:18,060
Senator Raffy T. Tulfo: nasa kanila na yun

1410
00:56:18,060 --> 00:56:19,500
Senator Raffy T. Tulfo: kung gusto ba nila

1411
00:56:19,500 --> 00:56:20,800
Senator Raffy T. Tulfo: na magkaroon ng Trustmark

1412
00:56:20,800 --> 00:56:21,880
Senator Raffy T. Tulfo: bilang badge

1413
00:56:21,880 --> 00:56:23,420
Senator Raffy T. Tulfo: para maipagmamalak nila

1414
00:56:23,420 --> 00:56:24,420
Senator Raffy T. Tulfo: sa mga customer nila

1415
00:56:24,420 --> 00:56:25,300
Senator Raffy T. Tulfo: o ayaw nila

1416
00:56:25,300 --> 00:56:26,400
Senator Raffy T. Tulfo: gusto nila magtipid

1417
00:56:26,400 --> 00:56:27,600
Senator Raffy T. Tulfo: hindi sila magbayad

1418
00:56:27,600 --> 00:56:28,100
Senator Raffy T. Tulfo: ng 600

1419
00:56:28,100 --> 00:56:28,960
Senator Raffy T. Tulfo: then

1420
00:56:28,960 --> 00:56:31,380
Senator Raffy T. Tulfo: pwede yung mga customer nilang

1421
00:56:31,380 --> 00:56:32,620
Senator Raffy T. Tulfo: dating customer nila

1422
00:56:32,620 --> 00:56:33,560
Senator Raffy T. Tulfo: hindi na babalik sa kanila

1423
00:56:33,560 --> 00:56:33,780
Senator Raffy T. Tulfo: or

1424
00:56:33,780 --> 00:56:35,000
Senator Raffy T. Tulfo: hindi nila sila magkakaroon

1425
00:56:35,000 --> 00:56:35,620
Senator Raffy T. Tulfo: ng bagong customer

1426
00:56:35,620 --> 00:56:36,680
Senator Raffy T. Tulfo: kasi wala silang badge

1427
00:56:36,680 --> 00:56:37,500
Senator Raffy T. Tulfo: from DTI

1428
00:56:37,500 --> 00:56:39,160
Senator Raffy T. Tulfo: so just make it voluntary nila

1429
00:56:39,160 --> 00:56:40,180
Senator Raffy T. Tulfo: kasi mayroong mga iba

1430
00:56:40,180 --> 00:56:41,060
Senator Raffy T. Tulfo: nagtitipid

1431
00:56:41,060 --> 00:56:42,140
DTI Secretary Maria Cristina Aldeguer-Roque: ayaw talaga

1432
00:56:42,140 --> 00:56:43,700
DTI Secretary Maria Cristina Aldeguer-Roque: so huwag natin puwede

1433
00:56:43,700 --> 00:56:44,200
Senator Raffy T. Tulfo: sahit

1434
00:56:44,200 --> 00:56:45,020
DTI Secretary Maria Cristina Aldeguer-Roque: okay

1435
00:56:45,020 --> 00:56:46,000
DTI Secretary Maria Cristina Aldeguer-Roque: yes okay

1436
00:56:46,000 --> 00:56:46,540
Senator Raffy T. Tulfo: thank you

1437
00:56:46,540 --> 00:56:47,640
Senator Raffy T. Tulfo: now last na lamang po

1438
00:56:47,640 --> 00:56:48,060
Senator Raffy T. Tulfo: Mr. Chair

1439
00:56:48,060 --> 00:56:49,640
Senator Raffy T. Tulfo: doon sa no return

1440
00:56:49,640 --> 00:56:50,540
Senator Raffy T. Tulfo: no exchange

1441
00:56:50,540 --> 00:56:51,540
Senator Raffy T. Tulfo: meron pa rin ako

1442
00:56:51,540 --> 00:56:52,640
Senator Raffy T. Tulfo: natatanggap na reklamo

1443
00:56:52,640 --> 00:56:53,780
Senator Raffy T. Tulfo: may mga tindahan pa rin

1444
00:56:53,780 --> 00:56:54,420
Senator Raffy T. Tulfo: na matapos

1445
00:56:54,420 --> 00:56:55,540
Senator Raffy T. Tulfo: matapos bilihin

1446
00:56:55,540 --> 00:56:56,760
Senator Raffy T. Tulfo: at may problema

1447
00:56:56,760 --> 00:56:57,600
Senator Raffy T. Tulfo: doon sa produkto

1448
00:56:57,600 --> 00:56:58,640
Senator Raffy T. Tulfo: special electronics

1449
00:56:58,640 --> 00:56:59,000
Senator Raffy T. Tulfo: eh

1450
00:56:59,000 --> 00:57:00,720
Senator Raffy T. Tulfo: pinasisikot-sikot sila

1451
00:57:00,720 --> 00:57:01,820
Senator Raffy T. Tulfo: maraming mga binibigay

1452
00:57:01,820 --> 00:57:02,360
Senator Raffy T. Tulfo: ng mga dahilan

1453
00:57:02,360 --> 00:57:03,420
Senator Raffy T. Tulfo: para hindi lang

1454
00:57:03,420 --> 00:57:04,780
Senator Raffy T. Tulfo: maibalik yung

1455
00:57:04,780 --> 00:57:05,400
Senator Raffy T. Tulfo: ah

1456
00:57:05,400 --> 00:57:06,980
Senator Raffy T. Tulfo: gamit na sira

1457
00:57:06,980 --> 00:57:08,080
Senator Raffy T. Tulfo: or

1458
00:57:08,080 --> 00:57:08,880
Senator Raffy T. Tulfo: sasabihin sa kanila

1459
00:57:08,880 --> 00:57:09,820
Senator Raffy T. Tulfo: eh sige

1460
00:57:09,820 --> 00:57:11,600
Senator Raffy T. Tulfo: bibiyan kita ng bago

1461
00:57:11,600 --> 00:57:13,500
Senator Raffy T. Tulfo: ah

1462
00:57:13,500 --> 00:57:14,900
Senator Raffy T. Tulfo: pero meron kang dadagdag

1463
00:57:14,900 --> 00:57:16,400
Senator Raffy T. Tulfo: kasi wala nang stock

1464
00:57:16,400 --> 00:57:17,060
Senator Raffy T. Tulfo: itong binili mo

1465
00:57:17,060 --> 00:57:17,780
Senator Raffy T. Tulfo: stock A

1466
00:57:17,780 --> 00:57:18,420
Senator Raffy T. Tulfo: kunyari yung

1467
00:57:18,420 --> 00:57:19,400
Senator Raffy T. Tulfo: product A

1468
00:57:19,400 --> 00:57:21,440
Senator Raffy T. Tulfo: eh wala nang available yan

1469
00:57:21,440 --> 00:57:22,140
Senator Raffy T. Tulfo: sige

1470
00:57:22,140 --> 00:57:23,520
Senator Raffy T. Tulfo: papalitan namin itong product

1471
00:57:23,520 --> 00:57:24,320
Senator Raffy T. Tulfo: may dagdag ka na

1472
00:57:24,320 --> 00:57:24,400
Senator Raffy T. Tulfo: ng product

1473
00:57:24,420 --> 00:57:24,920
Senator Raffy T. Tulfo: ng konti

1474
00:57:24,920 --> 00:57:25,800
Senator Raffy T. Tulfo: so

1475
00:57:25,800 --> 00:57:27,460
Senator Raffy T. Tulfo: para na-scam pa ata

1476
00:57:27,460 --> 00:57:28,360
Senator Raffy T. Tulfo: yung consumer

1477
00:57:28,360 --> 00:57:29,320
Senator Raffy T. Tulfo: so meron ba kayo

1478
00:57:29,320 --> 00:57:30,140
Senator Raffy T. Tulfo: monitor na ginagawa

1479
00:57:30,140 --> 00:57:30,920
Senator Raffy T. Tulfo: doon sa no return

1480
00:57:30,920 --> 00:57:31,760
Senator Raffy T. Tulfo: no exchange policy

1481
00:57:31,760 --> 00:57:32,600
Senator Raffy T. Tulfo: na hanggang ngayon

1482
00:57:32,600 --> 00:57:33,360
Senator Raffy T. Tulfo: in-implement pa rin

1483
00:57:33,360 --> 00:57:34,380
Senator Raffy T. Tulfo: ng ilang mga tindahan

1484
00:57:34,380 --> 00:57:35,440
Senator Raffy T. Tulfo: na bawal dapat po yan

1485
00:57:35,440 --> 00:57:37,740
DTI Secretary Maria Cristina Aldeguer-Roque: Senator may forward you

1486
00:57:37,740 --> 00:57:38,200
DTI Secretary Maria Cristina Aldeguer-Roque: to

1487
00:57:38,200 --> 00:57:39,440
DTI Secretary Maria Cristina Aldeguer-Roque: Gino Mallari

1488
00:57:39,440 --> 00:57:39,800
DTI Secretary Maria Cristina Aldeguer-Roque: to

1489
00:57:39,800 --> 00:57:41,200
DTI Secretary Maria Cristina Aldeguer-Roque: he's the head of this

1490
00:57:41,200 --> 00:57:41,780
DTI Secretary Maria Cristina Aldeguer-Roque: department

1491
00:57:41,780 --> 00:57:44,300
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: good afternoon

1492
00:57:44,300 --> 00:57:44,920
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: ah

1493
00:57:44,920 --> 00:57:45,380
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: Mr. Chair

1494
00:57:45,380 --> 00:57:45,780
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: your honor

1495
00:57:45,780 --> 00:57:46,920
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: ah

1496
00:57:46,920 --> 00:57:47,260
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: yes

1497
00:57:47,260 --> 00:57:47,960
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: meron po kaming

1498
00:57:47,960 --> 00:57:48,820
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: consumer care

1499
00:57:48,820 --> 00:57:49,600
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: ah

1500
00:57:49,600 --> 00:57:50,240
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: unit

1501
00:57:50,240 --> 00:57:51,100
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: na nag-handle po

1502
00:57:51,100 --> 00:57:52,400
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: ng consumer complaints

1503
00:57:52,400 --> 00:57:52,700
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: natin

1504
00:57:52,700 --> 00:57:53,580
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: including po yung

1505
00:57:53,580 --> 00:57:54,200
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: no return

1506
00:57:54,200 --> 00:57:54,880
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: no exchange

1507
00:57:54,880 --> 00:57:55,180
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: ah

1508
00:57:55,180 --> 00:57:55,640
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: policy

1509
00:57:55,640 --> 00:57:56,860
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: initially

1510
00:57:56,860 --> 00:57:58,320
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: we call on the

1511
00:57:58,320 --> 00:57:59,120
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: respondents po

1512
00:57:59,120 --> 00:57:59,800
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: yung merchants

1513
00:57:59,800 --> 00:58:01,020
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: and then we

1514
00:58:01,020 --> 00:58:01,720
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: we

1515
00:58:01,720 --> 00:58:03,640
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: attempt a mediation

1516
00:58:03,640 --> 00:58:04,540
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: pag hindi po

1517
00:58:04,540 --> 00:58:05,200
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: nagkasundo

1518
00:58:05,200 --> 00:58:06,540
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: and then yung

1519
00:58:06,540 --> 00:58:07,640
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: complainant po natin

1520
00:58:07,640 --> 00:58:08,560
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: eh may basihan

1521
00:58:08,560 --> 00:58:09,900
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: sa kanyang pagre-reklamo

1522
00:58:09,900 --> 00:58:11,020
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: eh natutuloy po yun

1523
00:58:11,020 --> 00:58:12,240
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: sa consumer complaint

1524
00:58:12,240 --> 00:58:14,460
Senator Raffy T. Tulfo: ano nang nangyari

1525
00:58:14,460 --> 00:58:15,260
Senator Raffy T. Tulfo: kapag halimbawa

1526
00:58:15,260 --> 00:58:16,160
Senator Raffy T. Tulfo: nagmatigas yung

1527
00:58:16,160 --> 00:58:17,540
Senator Raffy T. Tulfo: ah

1528
00:58:17,540 --> 00:58:17,780
Senator Raffy T. Tulfo: ah

1529
00:58:17,780 --> 00:58:18,440
Senator Raffy T. Tulfo: nagtitinda

1530
00:58:18,440 --> 00:58:19,740
Senator Raffy T. Tulfo: at ah

1531
00:58:19,740 --> 00:58:20,580
Senator Raffy T. Tulfo: ayaw niya talagang

1532
00:58:20,580 --> 00:58:21,780
Senator Raffy T. Tulfo: papalitan

1533
00:58:21,780 --> 00:58:22,500
Senator Raffy T. Tulfo: yung produkto

1534
00:58:22,500 --> 00:58:22,900
Senator Raffy T. Tulfo: unless

1535
00:58:22,900 --> 00:58:23,900
Senator Raffy T. Tulfo: ayaw niya

1536
00:58:23,900 --> 00:58:24,440
Senator Raffy T. Tulfo: ipalitan

1537
00:58:24,440 --> 00:58:25,340
Senator Raffy T. Tulfo: meaning refund

1538
00:58:25,340 --> 00:58:26,100
Senator Raffy T. Tulfo: para sa akin

1539
00:58:26,100 --> 00:58:26,820
Senator Raffy T. Tulfo: total refund

1540
00:58:26,820 --> 00:58:27,100
Senator Raffy T. Tulfo: kasi

1541
00:58:27,100 --> 00:58:28,300
Senator Raffy T. Tulfo: ah

1542
00:58:28,300 --> 00:58:29,700
Senator Raffy T. Tulfo: defective yung product

1543
00:58:29,700 --> 00:58:30,520
Senator Raffy T. Tulfo: the reason why

1544
00:58:30,520 --> 00:58:31,800
Senator Raffy T. Tulfo: the product is being returned

1545
00:58:31,800 --> 00:58:32,480
Senator Raffy T. Tulfo: eh

1546
00:58:32,480 --> 00:58:33,620
Senator Raffy T. Tulfo: pero itong seller

1547
00:58:33,620 --> 00:58:34,380
Senator Raffy T. Tulfo: eh

1548
00:58:34,380 --> 00:58:35,060
Senator Raffy T. Tulfo: nagmamatigas

1549
00:58:35,060 --> 00:58:35,520
Senator Raffy T. Tulfo: ayaw niyang

1550
00:58:35,520 --> 00:58:37,040
Senator Raffy T. Tulfo: itanggapin

1551
00:58:37,040 --> 00:58:37,680
Senator Raffy T. Tulfo: yung binabalik

1552
00:58:37,680 --> 00:58:38,300
Senator Raffy T. Tulfo: ng consumer

1553
00:58:38,300 --> 00:58:38,720
Senator Raffy T. Tulfo: niya

1554
00:58:38,720 --> 00:58:40,320
Senator Raffy T. Tulfo: ah

1555
00:58:40,320 --> 00:58:41,140
Senator Raffy T. Tulfo: ano yung

1556
00:58:41,140 --> 00:58:42,080
Senator Raffy T. Tulfo: mga hakbang

1557
00:58:42,080 --> 00:58:42,700
Senator Raffy T. Tulfo: o action

1558
00:58:42,700 --> 00:58:43,720
Senator Raffy T. Tulfo: ng

1559
00:58:43,720 --> 00:58:44,980
Senator Raffy T. Tulfo: DTI

1560
00:58:44,980 --> 00:58:45,960
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: meron po tayong

1561
00:58:45,960 --> 00:58:46,440
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: ah

1562
00:58:46,440 --> 00:58:47,640
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: adjudication division

1563
00:58:47,640 --> 00:58:48,920
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: na pinag-aaralan po

1564
00:58:48,920 --> 00:58:49,160
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: yung

1565
00:58:49,160 --> 00:58:50,340
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: basihan ng complaint

1566
00:58:50,340 --> 00:58:51,180
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: at ano po yung

1567
00:58:51,180 --> 00:58:52,380
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: pinakaangkop sa

1568
00:58:52,380 --> 00:58:53,440
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: ah

1569
00:58:53,900 --> 00:58:54,400
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: reklamo

1570
00:58:54,400 --> 00:58:55,580
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: ng consumer

1571
00:58:55,580 --> 00:58:56,820
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: whether to return

1572
00:58:56,820 --> 00:58:57,800
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: refund or

1573
00:58:57,800 --> 00:58:58,360
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: ah

1574
00:58:58,360 --> 00:58:59,320
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: ah

1575
00:58:59,320 --> 00:59:00,080
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: replace

1576
00:59:00,080 --> 00:59:00,920
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: the item

1577
00:59:00,920 --> 00:59:02,340
Senator Raffy T. Tulfo: gaano katagal yung

1578
00:59:02,340 --> 00:59:03,080
Senator Raffy T. Tulfo: proseso

1579
00:59:03,080 --> 00:59:05,140
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: ang average po

1580
00:59:05,140 --> 00:59:05,680
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: natin dyan

1581
00:59:05,680 --> 00:59:06,160
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: around

1582
00:59:06,160 --> 00:59:07,560
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: pag napunta po siya

1583
00:59:07,560 --> 00:59:07,960
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: sa

1584
00:59:07,960 --> 00:59:09,980
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: usually sa mediation po

1585
00:59:09,980 --> 00:59:11,020
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: mga isang buwan lang po

1586
00:59:11,020 --> 00:59:11,940
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: kasi naguusap po

1587
00:59:11,940 --> 00:59:12,640
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: yung party doon

1588
00:59:12,640 --> 00:59:13,800
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: at pinag-aayos po natin

1589
00:59:13,800 --> 00:59:15,060
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: yung kanilang mga reklamo

1590
00:59:15,060 --> 00:59:16,200
Senator Raffy T. Tulfo: so after one month

1591
00:59:16,200 --> 00:59:16,960
Senator Raffy T. Tulfo: hindi nang kasundo

1592
00:59:16,960 --> 00:59:18,140
Senator Raffy T. Tulfo: ano pong sunod na

1593
00:59:18,140 --> 00:59:18,680
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: ah

1594
00:59:18,680 --> 00:59:19,780
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: pag hindi po

1595
00:59:19,780 --> 00:59:20,260
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: nagkasundo

1596
00:59:20,260 --> 00:59:20,960
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: magkakaroon po

1597
00:59:20,960 --> 00:59:21,640
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: ng certificate

1598
00:59:21,640 --> 00:59:22,600
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: to file action

1599
00:59:22,600 --> 00:59:23,820
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: yung consumer po

1600
00:59:23,900 --> 00:59:25,160
Senator Raffy T. Tulfo: so

1601
00:59:25,160 --> 00:59:26,900
Senator Raffy T. Tulfo: sasabihin nyo sa consumer

1602
00:59:26,900 --> 00:59:27,520
Senator Raffy T. Tulfo: bahala ka na

1603
00:59:27,520 --> 00:59:28,320
Senator Raffy T. Tulfo: punta ka na sa korte

1604
00:59:28,320 --> 00:59:29,360
Senator Raffy T. Tulfo: hugas kami kami

1605
00:59:29,360 --> 00:59:30,300
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: yun pong

1606
00:59:30,300 --> 00:59:31,520
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: adjudication is also

1607
00:59:31,520 --> 00:59:32,140
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: within the

1608
00:59:32,140 --> 00:59:32,880
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: DTI po

1609
00:59:32,880 --> 00:59:33,700
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: administrative

1610
00:59:33,700 --> 00:59:35,520
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: adjudication

1611
00:59:35,520 --> 00:59:37,000
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: division po

1612
00:59:37,000 --> 00:59:37,800
Senator Raffy T. Tulfo: wait wait wait

1613
00:59:37,800 --> 00:59:38,800
Senator Raffy T. Tulfo: so sabi nyo

1614
00:59:38,800 --> 00:59:39,420
Senator Raffy T. Tulfo: kung hindi nang kasundo

1615
00:59:39,420 --> 00:59:40,060
Senator Raffy T. Tulfo: within that

1616
00:59:40,060 --> 00:59:41,060
Senator Raffy T. Tulfo: certain period of time

1617
00:59:41,060 --> 00:59:42,320
Senator Raffy T. Tulfo: na pinag-aayos nyo sila

1618
00:59:42,320 --> 00:59:42,960
Senator Raffy T. Tulfo: ah

1619
00:59:42,960 --> 00:59:43,680
Senator Raffy T. Tulfo: bibigyan yung certificate

1620
00:59:43,680 --> 00:59:44,380
Senator Raffy T. Tulfo: to file action

1621
00:59:44,380 --> 00:59:45,220
Senator Raffy T. Tulfo: parang sa barangay

1622
00:59:45,220 --> 00:59:46,280
Senator Raffy T. Tulfo: pumunta ka na sa korte

1623
00:59:46,280 --> 00:59:47,900
Senator Raffy T. Tulfo: ah

1624
00:59:47,900 --> 00:59:48,580
Senator Raffy T. Tulfo: sa inyo pa rin

1625
00:59:48,580 --> 00:59:49,360
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: sa amin po

1626
00:59:49,360 --> 00:59:49,840
Senator Raffy T. Tulfo: okay

1627
00:59:49,840 --> 00:59:50,380
Senator Raffy T. Tulfo: so

1628
00:59:50,380 --> 00:59:53,140
Senator Raffy T. Tulfo: pagdating po sa

1629
00:59:53,140 --> 00:59:53,720
Senator Raffy T. Tulfo: ah

1630
00:59:53,720 --> 00:59:53,820
Senator Raffy T. Tulfo: ah

1631
00:59:53,820 --> 00:59:53,840
Senator Raffy T. Tulfo: ah

1632
00:59:53,840 --> 00:59:53,880
Senator Raffy T. Tulfo: ah

1633
00:59:53,900 --> 00:59:54,520
Senator Raffy T. Tulfo: certificate

1634
00:59:54,520 --> 00:59:55,080
Senator Raffy T. Tulfo: to file action

1635
00:59:55,080 --> 00:59:56,040
Senator Raffy T. Tulfo: at ah

1636
00:59:56,040 --> 00:59:57,040
Senator Raffy T. Tulfo: pina-file po sa

1637
00:59:57,040 --> 00:59:57,720
Senator Raffy T. Tulfo: sa inyo pa rin

1638
00:59:57,720 --> 00:59:58,060
Senator Raffy T. Tulfo: department

1639
00:59:58,060 --> 00:59:58,480
Senator Raffy T. Tulfo: anong tawag

1640
00:59:58,480 --> 00:59:58,900
Senator Raffy T. Tulfo: ng department

1641
00:59:58,900 --> 00:59:59,340
Senator Raffy T. Tulfo: na po yan

1642
00:59:59,700 --> 01:00:00,400
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: Adjudication Division.

1643
01:00:00,700 --> 01:00:02,920
Senator Raffy T. Tulfo: O, sa adjudication, how long would it take again?

1644
01:00:03,440 --> 01:00:05,360
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: Average po natin around 6 months.

1645
01:00:07,440 --> 01:00:09,480
Senator Raffy T. Tulfo: 30 days plus another 6 months.

1646
01:00:09,520 --> 01:00:10,180
Senator Raffy T. Tulfo: 7 months.

1647
01:00:11,800 --> 01:00:12,180
Senator Raffy T. Tulfo: Wow!

1648
01:00:14,140 --> 01:00:15,120
Senator Raffy T. Tulfo: That's crazy.

1649
01:00:15,380 --> 01:00:17,020
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: Or less naman po.

1650
01:00:17,300 --> 01:00:18,220
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: Sinasabi ko lang po.

1651
01:00:18,220 --> 01:00:20,380
Senator Raffy T. Tulfo: Sorry, sorry.

1652
01:00:20,500 --> 01:00:21,020
Senator Raffy T. Tulfo: Init ulo ko.

1653
01:00:21,100 --> 01:00:22,460
Senator Raffy T. Tulfo: Kasi alam mo bakit, Mr. Chair?

1654
01:00:22,940 --> 01:00:25,660
Senator Raffy T. Tulfo: Maraming beses na ako nakakatanggap ng reklamo sa programa ko.

1655
01:00:25,800 --> 01:00:26,680
Senator Raffy T. Tulfo: Yung mga sirang cellphone,

1656
01:00:27,240 --> 01:00:29,220
Senator Raffy T. Tulfo: sirang sasakyan,

1657
01:00:30,000 --> 01:00:31,220
Senator Raffy T. Tulfo: sirang motor,

1658
01:00:32,260 --> 01:00:33,340
Senator Raffy T. Tulfo: sirang electronic,

1659
01:00:33,900 --> 01:00:34,720
Senator Raffy T. Tulfo: computer.

1660
01:00:35,600 --> 01:00:36,860
Senator Raffy T. Tulfo: And then pupunta dito sa DTI,

1661
01:00:37,000 --> 01:00:37,940
Senator Raffy T. Tulfo: inaabot ng taon.

1662
01:00:38,380 --> 01:00:41,220
Senator Raffy T. Tulfo: Hanggang sa magsawa na lang yung consumer,

1663
01:00:41,740 --> 01:00:43,360
Senator Raffy T. Tulfo: umatras na dahil tamad.

1664
01:00:44,880 --> 01:00:48,720
Senator Raffy T. Tulfo: Dito sa in-place na sistema nila,

1665
01:00:48,880 --> 01:00:49,940
Senator Raffy T. Tulfo: napakabagal.

1666
01:00:50,700 --> 01:00:54,700
Senator Raffy T. Tulfo: 30 days muna to file the complaint.

1667
01:00:54,860 --> 01:00:55,100
Senator Raffy T. Tulfo: And then,

1668
01:00:55,640 --> 01:00:56,240
Senator Raffy T. Tulfo: pag hindi na kasundo,

1669
01:00:56,340 --> 01:00:59,260
Senator Raffy T. Tulfo: another 6 months to 7 months.

1670
01:00:59,260 --> 01:00:59,980
Senator Raffy T. Tulfo: So what happened?

1671
01:01:00,080 --> 01:01:00,940
Senator Raffy T. Tulfo: After 6 months?

1672
01:01:06,740 --> 01:01:10,200
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: Magkakaroon po ng fine or penalty po yung respondent natin.

1673
01:01:10,380 --> 01:01:10,960
Senator Raffy T. Tulfo: Penalty?

1674
01:01:11,220 --> 01:01:11,480
Senator Raffy T. Tulfo: Like?

1675
01:01:13,760 --> 01:01:15,120
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: Administrative penalty po.

1676
01:01:15,680 --> 01:01:17,000
Senator Raffy T. Tulfo: Pwede ba iksik siya nyo naman?

1677
01:01:18,060 --> 01:01:19,320
Senator Raffy T. Tulfo: Grabe naman yung 6 months.

1678
01:01:20,380 --> 01:01:21,060
Senator Raffy T. Tulfo: Asek.

1679
01:01:22,360 --> 01:01:23,600
Senator Raffy T. Tulfo: Parang yung 6 months na yun,

1680
01:01:23,680 --> 01:01:26,800
Senator Raffy T. Tulfo: parang pang tamad na sistema.

1681
01:01:27,500 --> 01:01:29,300
Senator Raffy T. Tulfo: Siguro nung ginawa yung sistema ninyo,

1682
01:01:29,300 --> 01:01:31,060
Senator Raffy T. Tulfo: e tinatamad yung ano nyo,

1683
01:01:31,340 --> 01:01:35,620
Senator Raffy T. Tulfo: yung nag-craft nung polisiyan yung yan.

1684
01:01:36,360 --> 01:01:37,160
Senator Raffy T. Tulfo: That's too long.

1685
01:01:38,000 --> 01:01:39,460
Senator Raffy T. Tulfo: Especially if we're talking about

1686
01:01:39,460 --> 01:01:41,140
Senator Raffy T. Tulfo: malilitang na bagay.

1687
01:01:41,700 --> 01:01:42,620
Senator Raffy T. Tulfo: Cell phone,

1688
01:01:43,120 --> 01:01:43,320
Senator Raffy T. Tulfo: di ba?

1689
01:01:43,920 --> 01:01:45,160
Senator Raffy T. Tulfo: O computer.

1690
01:01:47,720 --> 01:01:48,520
Senator Paolo Benigno "Bam" Aquino IV: Asek,

1691
01:01:48,940 --> 01:01:49,920
Senator Paolo Benigno "Bam" Aquino IV: in practice,

1692
01:01:51,100 --> 01:01:52,620
Senator Paolo Benigno "Bam" Aquino IV: in practice,

1693
01:01:52,820 --> 01:01:54,380
Senator Paolo Benigno "Bam" Aquino IV: how many of these complaints,

1694
01:01:54,900 --> 01:01:56,320
Senator Paolo Benigno "Bam" Aquino IV: kasi maraming levels yan, di ba?

1695
01:01:57,120 --> 01:01:58,300
Senator Paolo Benigno "Bam" Aquino IV: Yung agad-agad na didispose.

1696
01:01:58,300 --> 01:01:59,140
Senator Paolo Benigno "Bam" Aquino IV: Na didispose.

1697
01:01:59,300 --> 01:02:00,880
Senator Paolo Benigno "Bam" Aquino IV: Anong porsyente yun kaagad?

1698
01:02:03,900 --> 01:02:04,660
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: Ito po, ano.

1699
01:02:05,200 --> 01:02:07,040
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: If I may just give an overview.

1700
01:02:08,320 --> 01:02:09,920
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: Last 2025 po,

1701
01:02:09,980 --> 01:02:13,020
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: ang nareceive po namin is about 42,000 complaints.

1702
01:02:13,420 --> 01:02:15,880
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: Kaya po meron tayong mediation para mabawasan po yun.

1703
01:02:16,040 --> 01:02:19,500
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: Ang average days po natin sa mediation is about 10 to 15 days.

1704
01:02:20,740 --> 01:02:23,140
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: If sa adjudication lang po.

1705
01:02:23,500 --> 01:02:23,940
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: Teka, time.

1706
01:02:24,300 --> 01:02:25,400
Senator Paolo Benigno "Bam" Aquino IV: So, mediation,

1707
01:02:25,400 --> 01:02:29,140
Senator Paolo Benigno "Bam" Aquino IV: how many of that 42,000 gets settled at that,

1708
01:02:29,140 --> 01:02:31,140
Senator Paolo Benigno "Bam" Aquino IV: at first phase?

1709
01:02:36,140 --> 01:02:39,140
Senator Paolo Benigno "Bam" Aquino IV: Huwag naman sana lahat ng 42,000 aabot ng taon.

1710
01:02:39,140 --> 01:02:41,840
Senator Paolo Benigno "Bam" Aquino IV: I'm sure first phase pa lang, maraming nang masasettle dyan.

1711
01:02:41,840 --> 01:02:42,340
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: Opo.

1712
01:02:42,340 --> 01:02:43,340
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: Hindi naman po.

1713
01:02:43,340 --> 01:02:45,340
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: In fact,

1714
01:02:48,140 --> 01:02:52,140
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: a majority are settled within the mediation stage na kapag-usap po yun.

1715
01:02:52,140 --> 01:02:53,140
Senator Paolo Benigno "Bam" Aquino IV: Can you give us the numbers?

1716
01:02:53,140 --> 01:02:55,140
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: We will submit your honor.

1717
01:02:55,140 --> 01:02:58,140
Senator Paolo Benigno "Bam" Aquino IV: In your experience, 50%, 60%?

1718
01:02:59,140 --> 01:03:01,140
Senator Paolo Benigno "Bam" Aquino IV: Yung data ninyo.

1719
01:03:01,140 --> 01:03:04,140
Senator Paolo Benigno "Bam" Aquino IV: Kasi I'm sure every year yan ang metrics ninyo, di ba?

1720
01:03:04,140 --> 01:03:05,140
Senator Paolo Benigno "Bam" Aquino IV: How many get settled?

1721
01:03:05,140 --> 01:03:08,140
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: Around 70 to 80% po get settled.

1722
01:03:08,140 --> 01:03:09,140
Senator Paolo Benigno "Bam" Aquino IV: Within the first 10 days?

1723
01:03:09,140 --> 01:03:10,140
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: Opo.

1724
01:03:10,140 --> 01:03:10,640
Senator Paolo Benigno "Bam" Aquino IV: Tama ba yun?

1725
01:03:10,640 --> 01:03:11,140
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: Opo.

1726
01:03:11,140 --> 01:03:14,140
Senator Paolo Benigno "Bam" Aquino IV: Kasi usually, kakausapin nyo nalang yung business, sabihin nyo,

1727
01:03:14,140 --> 01:03:16,140
Senator Paolo Benigno "Bam" Aquino IV: uy, balik nyo nalang yan.

1728
01:03:16,140 --> 01:03:20,140
Senator Paolo Benigno "Bam" Aquino IV: So, yung 20% na natira, aabot ba sila ng 6 buwan?

1729
01:03:20,140 --> 01:03:21,140
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: Hindi po.

1730
01:03:21,140 --> 01:03:23,140
Senator Paolo Benigno "Bam" Aquino IV: You help us, Asec.

1731
01:03:23,140 --> 01:03:25,140
Senator Raffy T. Tulfo: Bigay mo sa amin yung metrics nyo.

1732
01:03:25,140 --> 01:03:27,140
Senator Raffy T. Tulfo: Yung 30%, kasi sabi nyo 70 to 80.

1733
01:03:27,140 --> 01:03:28,140
Senator Raffy T. Tulfo: So, yung 30 to 20%.

1734
01:03:28,140 --> 01:03:32,140
Senator Raffy T. Tulfo: So, maghihintay sila ng 6 months.

1735
01:03:32,140 --> 01:03:36,140
Senator Raffy T. Tulfo: So, ang tanong nga, kung susugan ko yung tanong ni Chairman.

1736
01:03:36,140 --> 01:03:46,140
Senator Raffy T. Tulfo: So, ilan yung percentage doon sa 30 to 20% na nasesettle at nagiging satisfied yung consumer?

1737
01:03:58,140 --> 01:04:11,140
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: For NCR po, under our jurisdiction, ang nasesettle po sa mediation is 100% po.

1738
01:04:11,140 --> 01:04:13,140
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: Pag consumer complaints.

1739
01:04:13,140 --> 01:04:14,140
Senator Raffy T. Tulfo: Sa NCR?

1740
01:04:14,140 --> 01:04:15,140
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: Opo.

1741
01:04:15,140 --> 01:04:16,140
Senator Raffy T. Tulfo: At 100%?

1742
01:04:16,140 --> 01:04:17,140
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: Opo.

1743
01:04:17,140 --> 01:04:20,140
Senator Raffy T. Tulfo: Okay. Sa lahat ng klaseng produkto, regardless?

1744
01:04:20,140 --> 01:04:22,140
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: Yes, Your Honor.

1745
01:04:22,140 --> 01:04:24,140
Senator Raffy T. Tulfo: Does that include cars?

1746
01:04:24,140 --> 01:04:26,140
Senator Raffy T. Tulfo: I don't think so.

1747
01:04:26,140 --> 01:04:27,140
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: Yes, Your Honor.

1748
01:04:27,140 --> 01:04:28,140
Senator Raffy T. Tulfo: No?

1749
01:04:28,140 --> 01:04:29,140
Senator Raffy T. Tulfo: Okay.

1750
01:04:29,140 --> 01:04:30,140
Senator Raffy T. Tulfo: Pabalikan kita.

1751
01:04:30,140 --> 01:04:32,140
Senator Raffy T. Tulfo: Bibigyan kita ng listahan ng mga pumunta sa akin.

1752
01:04:32,140 --> 01:04:33,140
Senator Raffy T. Tulfo: Sira-sira ang mga sasakyan.

1753
01:04:33,140 --> 01:04:35,140
Senator Raffy T. Tulfo: And then, ibinabalik sa bagay.

1754
01:04:35,140 --> 01:04:36,140
Senator Raffy T. Tulfo: High-end na.

1755
01:04:36,140 --> 01:04:37,140
Senator Raffy T. Tulfo: May mga BMW pa nga.

1756
01:04:37,140 --> 01:04:39,140
Senator Raffy T. Tulfo: May mga Toyota Corolla.

1757
01:04:39,140 --> 01:04:40,140
Senator Raffy T. Tulfo: Ay, Toyota.

1758
01:04:40,140 --> 01:04:43,140
Senator Raffy T. Tulfo: Meron Nissan na isusuli dahil sira talaga.

1759
01:04:43,140 --> 01:04:50,140
Senator Raffy T. Tulfo: And then, meron pangang certification from the manufacturer na may problema at ni-recall na yun.

1760
01:04:50,140 --> 01:04:53,140
Senator Raffy T. Tulfo: Pero matigas pa rin yung seller.

1761
01:04:53,140 --> 01:04:54,140
Senator Raffy T. Tulfo: Don't tell me at 100%.

1762
01:04:54,140 --> 01:04:56,140
Senator Raffy T. Tulfo: No, you're lying.

1763
01:04:56,140 --> 01:04:57,140
Senator Raffy T. Tulfo: Because I can get back to you.

1764
01:04:57,140 --> 01:05:00,140
Senator Raffy T. Tulfo: And to show you proof na hindi 100%.

1765
01:05:00,140 --> 01:05:02,140
Senator Raffy T. Tulfo: Don't say 100%.

1766
01:05:02,140 --> 01:05:04,140
Senator Raffy T. Tulfo: Unless you're certain.

1767
01:05:04,140 --> 01:05:06,140
Senator Raffy T. Tulfo: Naka-out ba ito?

1768
01:05:06,140 --> 01:05:08,140
Senator Raffy T. Tulfo: Ipa-out ka yan muna natin.

1769
01:05:08,140 --> 01:05:10,140
Senator Paolo Benigno "Bam" Aquino IV: Pakisagot, Asec, please.

1770
01:05:12,140 --> 01:05:15,140
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: Upon clarification, Your Honor, hindi po settled.

1771
01:05:15,140 --> 01:05:23,140
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: Some of the, especially yung mga technical cases po, especially yung mga cases po na under the Lemon Law, nagpo-proceed po sa adjudication.

1772
01:05:23,140 --> 01:05:24,140
Senator Raffy T. Tulfo: So, hindi 100%.

1773
01:05:24,140 --> 01:05:25,140
Senator Raffy T. Tulfo: Yun yung ayaw ko.

1774
01:05:25,140 --> 01:05:26,140
Senator Raffy T. Tulfo: Kasi sasabihin mo 100%.

1775
01:05:26,140 --> 01:05:27,140
Senator Raffy T. Tulfo: Kasi sasabihin mo 100%.

1776
01:05:27,140 --> 01:05:29,140
Senator Raffy T. Tulfo: Eh, talagang babalikan kita.

1777
01:05:29,140 --> 01:05:35,140
Senator Raffy T. Tulfo: Ihagis ko sa iyo mga papel ng mga reklamo sa akin through the years na inaabot na po siguro ng dose-dose na na.

1778
01:05:35,140 --> 01:05:36,140
Senator Raffy T. Tulfo: Diba?

1779
01:05:36,140 --> 01:05:39,140
Senator Raffy T. Tulfo: And ako naman tumatawag sa inyo every time.

1780
01:05:39,140 --> 01:05:41,140
Senator Raffy T. Tulfo: So, yun po yung dapat ang sinasabi ko ngayon.

1781
01:05:41,140 --> 01:05:43,140
Senator Raffy T. Tulfo: That's why we're here.

1782
01:05:43,140 --> 01:05:52,140
Senator Raffy T. Tulfo: Mag-come up kayo ng sistema na para mapaiksi naman yung adjudication.

1783
01:05:52,140 --> 01:05:53,140
Senator Raffy T. Tulfo: Huwag naman six months.

1784
01:05:53,140 --> 01:05:54,140
Senator Raffy T. Tulfo: And then, after six months, kung hindi pa na-settle,

1785
01:05:54,140 --> 01:06:00,140
Senator Raffy T. Tulfo: dapat gumawa na kayo ng mga hakbang na para paborabi doon sa consumer.

1786
01:06:00,140 --> 01:06:07,140
Senator Raffy T. Tulfo: Hindi naman magreklamo yung consumer kung hindi siya sa tingin niya siya ay nadehado o siya ay he'd been had or she'd been had.

1787
01:06:07,140 --> 01:06:08,140
Senator Raffy T. Tulfo: Diba?

1788
01:06:08,140 --> 01:06:11,140
Senator Raffy T. Tulfo: The consumer, if they're happy with the product, why would they complain?

1789
01:06:11,140 --> 01:06:13,140
Senator Raffy T. Tulfo: They're not gonna waste their time to complain.

1790
01:06:13,140 --> 01:06:14,140
Senator Raffy T. Tulfo: Diba?

1791
01:06:14,140 --> 01:06:18,140
Senator Raffy T. Tulfo: So, para sa akin, iksiyan niyo lang po yung ano siguro yung proseso.

1792
01:06:18,140 --> 01:06:21,140
Senator Raffy T. Tulfo: Yun lang po yung sa akin, Madam Secretary.

1793
01:06:21,140 --> 01:06:22,140
Senator Raffy T. Tulfo: Okay?

1794
01:06:22,140 --> 01:06:23,140
Senator Paolo Benigno "Bam" Aquino IV: Secretary, you want to say something?

1795
01:06:23,140 --> 01:06:26,140
Senator Paolo Benigno "Bam" Aquino IV: Secretary, you want to respond to Senator Tulfo?

1796
01:06:26,140 --> 01:06:29,140
DTI Secretary Maria Cristina Aldeguer-Roque: Actually, that's part of our asks here.

1797
01:06:29,140 --> 01:06:38,140
DTI Secretary Maria Cristina Aldeguer-Roque: Kasi we need more budget actually to upgrade our technology for market monitoring, enforcement, and consumer assistance.

1798
01:06:38,140 --> 01:06:43,140
DTI Secretary Maria Cristina Aldeguer-Roque: Kasi po, there's a surge now of products being sold in the e-commerce platform.

1799
01:06:43,140 --> 01:06:47,140
DTI Secretary Maria Cristina Aldeguer-Roque: And then, there's also a surge of substandard products din.

1800
01:06:47,140 --> 01:06:50,140
DTI Secretary Maria Cristina Aldeguer-Roque: So, and then, there's like a non-stop complaining.

1801
01:06:50,140 --> 01:06:52,140
DTI Secretary Maria Cristina Aldeguer-Roque: Pero yung number ng tao po namin, ganun pa rin.

1802
01:06:52,140 --> 01:06:58,140
DTI Secretary Maria Cristina Aldeguer-Roque: As compared to before na medyo hindi pa ganun kalakas yung e-commerce platform.

1803
01:06:58,140 --> 01:07:00,140
DTI Secretary Maria Cristina Aldeguer-Roque: So, that's part of my presentation.

1804
01:07:00,140 --> 01:07:04,140
Senator Raffy T. Tulfo: Mr. Chair, with that, I fully support ang budget ng DTI.

1805
01:07:04,140 --> 01:07:05,140
Senator Raffy T. Tulfo: Alang-alang sa mga consumer.

1806
01:07:05,140 --> 01:07:07,140
Senator Paolo Benigno "Bam" Aquino IV: Okay, salamat, Senator.

1807
01:07:07,140 --> 01:07:08,140
Senator Paolo Benigno "Bam" Aquino IV: Thank you, Senator.

1808
01:07:08,140 --> 01:07:09,140
Senator Paolo Benigno "Bam" Aquino IV: Okay.

1809
01:07:11,140 --> 01:07:13,140
Senator Paolo Benigno "Bam" Aquino IV: Lalakas ng palakpak, Senator, oh.

1810
01:07:13,140 --> 01:07:14,140
Senator Paolo Benigno "Bam" Aquino IV: Lalakas ng palakpak.

1811
01:07:14,140 --> 01:07:15,140
Senator Paolo Benigno "Bam" Aquino IV: Okay.

1812
01:07:16,140 --> 01:07:18,140
Senator Paolo Benigno "Bam" Aquino IV: Secretary, I'm gonna put you on the spot.

1813
01:07:18,140 --> 01:07:19,140
Senator Paolo Benigno "Bam" Aquino IV: Yung Trustmark.

1814
01:07:19,140 --> 01:07:21,140
Senator Paolo Benigno "Bam" Aquino IV: As you know, I also had some comments about the Trustmark.

1815
01:07:21,140 --> 01:07:24,140
Senator Paolo Benigno "Bam" Aquino IV: I also had some comments about the Trustmark previously.

1816
01:07:25,140 --> 01:07:28,140
Senator Paolo Benigno "Bam" Aquino IV: We don't want to create another layer.

1817
01:07:28,140 --> 01:07:32,140
Senator Paolo Benigno "Bam" Aquino IV: That's why the suggestion ni Sen. Tulfo, in which you also suggested before,

1818
01:07:32,140 --> 01:07:35,140
Senator Paolo Benigno "Bam" Aquino IV: is huwag na siyang mandatory for the small.

1819
01:07:35,140 --> 01:07:39,140
Senator Paolo Benigno "Bam" Aquino IV: If you want to do it mandatory for the medium and large,

1820
01:07:39,140 --> 01:07:41,140
Senator Paolo Benigno "Bam" Aquino IV: kayang-kaya nila yung 1,000 pesos.

1821
01:07:41,140 --> 01:07:43,140
Senator Paolo Benigno "Bam" Aquino IV: But ang worry namin is para sa small,

1822
01:07:43,140 --> 01:07:45,140
Senator Paolo Benigno "Bam" Aquino IV: firstly, it's an extra expense.

1823
01:07:45,140 --> 01:07:47,140
Senator Paolo Benigno "Bam" Aquino IV: And secondly, it's an extra step.

1824
01:07:47,140 --> 01:07:49,140
Senator Paolo Benigno "Bam" Aquino IV: Eh, gusto nga natin bawasan yung mga steps

1825
01:07:49,140 --> 01:07:51,140
Senator Paolo Benigno "Bam" Aquino IV: para mas madali magdegosyo.

1826
01:07:51,140 --> 01:07:54,140
Senator Paolo Benigno "Bam" Aquino IV: Eventually, I think people will understand that

1827
01:07:54,140 --> 01:07:57,140
Senator Paolo Benigno "Bam" Aquino IV: if there's a Trustmark, they can trust the product more.

1828
01:07:57,140 --> 01:08:01,140
Senator Paolo Benigno "Bam" Aquino IV: Pero that can be, tama ba caveat emptor na yan, diba?

1829
01:08:01,140 --> 01:08:04,140
Senator Paolo Benigno "Bam" Aquino IV: It's already the purview of the buyer.

1830
01:08:04,140 --> 01:08:05,140
Senator Paolo Benigno "Bam" Aquino IV: Tama ba? Tama ba yung Latin ko?

1831
01:08:05,140 --> 01:08:06,140
Senator Paolo Benigno "Bam" Aquino IV: Caveat emptor, tama diba?

1832
01:08:06,140 --> 01:08:08,140
Senator Paolo Benigno "Bam" Aquino IV: Bahala na yung buyer.

1833
01:08:08,140 --> 01:08:14,140
Senator Paolo Benigno "Bam" Aquino IV: So, when will you release the DO?

1834
01:08:14,140 --> 01:08:18,140
Senator Paolo Benigno "Bam" Aquino IV: Because your current DO says that it will be mandatory next year.

1835
01:08:18,140 --> 01:08:21,140
Senator Paolo Benigno "Bam" Aquino IV: I hope by the time we get to plenary,

1836
01:08:21,140 --> 01:08:24,140
Senator Paolo Benigno "Bam" Aquino IV: there's already more visibility

1837
01:08:24,140 --> 01:08:27,140
Senator Paolo Benigno "Bam" Aquino IV: that we won't make it mandatory anymore

1838
01:08:27,140 --> 01:08:29,140
Senator Paolo Benigno "Bam" Aquino IV: for the small and the micro.

1839
01:08:29,140 --> 01:08:31,140
Senator Paolo Benigno "Bam" Aquino IV: That's our suggestion, Secretary.

1840
01:08:31,140 --> 01:08:33,140
Senator Paolo Benigno "Bam" Aquino IV: So, pag nagkita tayo sa plenary,

1841
01:08:33,140 --> 01:08:35,140
Senator Paolo Benigno "Bam" Aquino IV: I hope we can resolve that already.

1842
01:08:38,140 --> 01:08:40,140
Senator Paolo Benigno "Bam" Aquino IV: The more steps kasi we have,

1843
01:08:40,140 --> 01:08:42,140
Senator Paolo Benigno "Bam" Aquino IV: it's really going to be difficult.

1844
01:08:42,140 --> 01:08:45,140
Senator Paolo Benigno "Bam" Aquino IV: Plus, ito magiging problema ni ASEC.

1845
01:08:45,140 --> 01:08:49,140
Senator Paolo Benigno "Bam" Aquino IV: Let's say, bumili ako ng Trustmark.

1846
01:08:49,140 --> 01:08:53,140
Senator Paolo Benigno "Bam" Aquino IV: Talaga bang ma-assure natin na just because bumili ako ng Trustmark,

1847
01:08:53,140 --> 01:08:55,140
Senator Paolo Benigno "Bam" Aquino IV: ay katiwa-tiwala na yung produktong yan.

1848
01:08:55,140 --> 01:08:59,140
Senator Paolo Benigno "Bam" Aquino IV: Kailangan malinaw na malinaw na pag may Trustmark ako,

1849
01:08:59,140 --> 01:09:04,140
Senator Paolo Benigno "Bam" Aquino IV: that it's really above the rest of the market.

1850
01:09:04,140 --> 01:09:06,140
Senator Paolo Benigno "Bam" Aquino IV: And I'm not sure if you can assure that, diba?

1851
01:09:06,140 --> 01:09:08,140
Senator Paolo Benigno "Bam" Aquino IV: So, may ano rin yan.

1852
01:09:08,140 --> 01:09:11,140
Senator Paolo Benigno "Bam" Aquino IV: May possible pitfall rin yun yung pagkakaroon ng Trustmark.

1853
01:09:11,140 --> 01:09:14,140
Senator Paolo Benigno "Bam" Aquino IV: Kung yung medium, kaya nyo talagang ma-assess yan isa-isa.

1854
01:09:15,140 --> 01:09:17,140
Senator Paolo Benigno "Bam" Aquino IV: Pero kung yung small, papatrustmark ninyo,

1855
01:09:17,140 --> 01:09:23,140
Senator Paolo Benigno "Bam" Aquino IV: kaya nyo ba talagang i-assess lahat ng libo-libong mag-a-apply sa inyo?

1856
01:09:23,140 --> 01:09:26,140
Senator Paolo Benigno "Bam" Aquino IV: So, that's just some possible pitfalls moving forward.

1857
01:09:26,140 --> 01:09:29,140
Senator Paolo Benigno "Bam" Aquino IV: So, I would suggest, bigyan nyo ng Trustmark,

1858
01:09:29,140 --> 01:09:35,140
Senator Paolo Benigno "Bam" Aquino IV: yung talagang kaya nyo sabihin na this product is really top standard,

1859
01:09:35,140 --> 01:09:37,140
Senator Paolo Benigno "Bam" Aquino IV: hindi nito masisira at lahat-lahat.

1860
01:09:37,140 --> 01:09:43,140
Senator Paolo Benigno "Bam" Aquino IV: And again, if it's for medium or even the larger enterprises, big purchases,

1861
01:09:43,140 --> 01:09:44,140
Senator Paolo Benigno "Bam" Aquino IV: then why not?

1862
01:09:44,140 --> 01:09:49,140
Senator Paolo Benigno "Bam" Aquino IV: Pero for the small, yung mga produktong nabibili natin,

1863
01:09:49,140 --> 01:09:52,140
Senator Paolo Benigno "Bam" Aquino IV: parang almost impulse purchase na yung mga yan,

1864
01:09:52,140 --> 01:09:54,140
Senator Paolo Benigno "Bam" Aquino IV: I would tread carefully.

1865
01:09:54,140 --> 01:09:56,140
Senator Paolo Benigno "Bam" Aquino IV: Kasi once you have that Trustmark,

1866
01:09:56,140 --> 01:10:01,140
Senator Paolo Benigno "Bam" Aquino IV: you have to assure also that lahat yan will fall under the right standards.

1867
01:10:01,140 --> 01:10:06,140
Senator Paolo Benigno "Bam" Aquino IV: In my mind, considering yung dami ninyo at yung dami ng mga negosyo at dami ng produkto,

1868
01:10:06,140 --> 01:10:09,140
Senator Paolo Benigno "Bam" Aquino IV: parang hindi talaga siya nagmamatch.

1869
01:10:09,140 --> 01:10:11,140
Senator Paolo Benigno "Bam" Aquino IV: So, I hope you can work with the Secretary on that.

1870
01:10:11,140 --> 01:10:12,140
Senator Paolo Benigno "Bam" Aquino IV: Ang suggestion ko is,

1871
01:10:12,140 --> 01:10:14,140
Senator Paolo Benigno "Bam" Aquino IV: maganda na yung direction,

1872
01:10:14,140 --> 01:10:16,140
Senator Paolo Benigno "Bam" Aquino IV: keep it to the bigger businesses,

1873
01:10:16,140 --> 01:10:18,140
Senator Paolo Benigno "Bam" Aquino IV: and then yung mga smaller businesses,

1874
01:10:18,140 --> 01:10:20,140
Senator Paolo Benigno "Bam" Aquino IV: let it be voluntary on their part.

1875
01:10:20,140 --> 01:10:22,140
Senator Paolo Benigno "Bam" Aquino IV: Do you want to respond, Sir Asec?

1876
01:10:22,140 --> 01:10:25,140
Senator Paolo Benigno "Bam" Aquino IV: Baka may mga blind spot kami hindi nakikita.

1877
01:10:25,140 --> 01:10:26,140
Senator Paolo Benigno "Bam" Aquino IV: Go ahead.

1878
01:10:26,140 --> 01:10:28,140
DTI Secretary Maria Cristina Aldeguer-Roque: Tama po yun, Senator.

1879
01:10:28,140 --> 01:10:30,140
DTI Secretary Maria Cristina Aldeguer-Roque: We will comply with that.

1880
01:10:30,140 --> 01:10:33,140
DTI Secretary Maria Cristina Aldeguer-Roque: I totally agree with you on this.

1881
01:10:33,140 --> 01:10:34,140
DTI Secretary Maria Cristina Aldeguer-Roque: Salamat.

1882
01:10:34,140 --> 01:10:36,140
Senator Paolo Benigno "Bam" Aquino IV: Sir, you want to respond?

1883
01:10:36,140 --> 01:10:37,140
Senator Paolo Benigno "Bam" Aquino IV: Yun na yun?

1884
01:10:37,140 --> 01:10:38,140
Senator Paolo Benigno "Bam" Aquino IV: Yun na yun?

1885
01:10:38,140 --> 01:10:39,140
Senator Paolo Benigno "Bam" Aquino IV: Okay, sige.

1886
01:10:39,140 --> 01:10:40,140
Senator Paolo Benigno "Bam" Aquino IV: So, let's begin.

1887
01:10:40,140 --> 01:10:41,140
Senator Paolo Benigno "Bam" Aquino IV: Secretary, you have the floor.

1888
01:10:41,140 --> 01:10:45,140
Senator Paolo Benigno "Bam" Aquino IV: Hopefully, we can keep it to maybe 15 minutes, no?

1889
01:10:45,140 --> 01:10:46,140
Senator Paolo Benigno "Bam" Aquino IV: Yeah.

1890
01:10:46,140 --> 01:10:50,140
DTI Secretary Maria Cristina Aldeguer-Roque: Good afternoon, Mr. Chair and members of the committee.

1891
01:10:50,140 --> 01:10:53,140
DTI Secretary Maria Cristina Aldeguer-Roque: For fiscal year 2027,

1892
01:10:53,140 --> 01:10:59,140
DTI Secretary Maria Cristina Aldeguer-Roque: the proposed budget of the Department of Trade and Industry is 10.903 billion,

1893
01:10:59,140 --> 01:11:03,140
DTI Secretary Maria Cristina Aldeguer-Roque: composed of 7 billion for DTI, OSEC,

1894
01:11:03,140 --> 01:11:07,140
DTI Secretary Maria Cristina Aldeguer-Roque: and 2.131 billion for attached agencies,

1895
01:11:07,140 --> 01:11:13,140
DTI Secretary Maria Cristina Aldeguer-Roque: and 1.7363 billion for attached corporations.

1896
01:11:13,140 --> 01:11:16,140
DTI Secretary Maria Cristina Aldeguer-Roque: This budget supports DTI's priorities.

1897
01:11:16,140 --> 01:11:18,140
DTI Secretary Maria Cristina Aldeguer-Roque: So, we have three priorities.

1898
01:11:18,140 --> 01:11:20,140
DTI Secretary Maria Cristina Aldeguer-Roque: Expand foreign trade and investments,

1899
01:11:20,140 --> 01:11:23,140
DTI Secretary Maria Cristina Aldeguer-Roque: protect consumers and ensure fair trade,

1900
01:11:23,140 --> 01:11:27,140
DTI Secretary Maria Cristina Aldeguer-Roque: and develop competitive MSMEs and local industries.

1901
01:11:27,140 --> 01:11:33,140
DTI Secretary Maria Cristina Aldeguer-Roque: For the performance for 2025 and fiscal year 2026,

1902
01:11:33,140 --> 01:11:35,140
DTI Secretary Maria Cristina Aldeguer-Roque: first semester,

1903
01:11:35,140 --> 01:11:36,140
DTI Secretary Maria Cristina Aldeguer-Roque: DTI…

1904
01:11:36,140 --> 01:11:40,140
DTI Secretary Maria Cristina Aldeguer-Roque: allow me to highlight our major achievements in these three areas.

1905
01:11:40,140 --> 01:11:42,140
DTI Secretary Maria Cristina Aldeguer-Roque: First, on trade and investments,

1906
01:11:42,140 --> 01:11:49,140
DTI Secretary Maria Cristina Aldeguer-Roque: Philippine exports reached 135.93 billion U.S. dollars in 2025,

1907
01:11:49,140 --> 01:11:53,140
DTI Secretary Maria Cristina Aldeguer-Roque: composed of 84.44 billion in goods export

1908
01:11:53,140 --> 01:11:59,140
DTI Secretary Maria Cristina Aldeguer-Roque: and 51.49 billion U.S. dollars in services exports.

1909
01:11:59,140 --> 01:12:00,140
DTI Secretary Maria Cristina Aldeguer-Roque: For 2026,

1910
01:12:00,140 --> 01:12:06,140
DTI Secretary Maria Cristina Aldeguer-Roque: the momentum continued with goods export reaching 54.92 billion U.S. dollars,

1911
01:12:06,140 --> 01:12:08,140
DTI Secretary Maria Cristina Aldeguer-Roque: as of July 2026,

1912
01:12:08,140 --> 01:12:14,140
DTI Secretary Maria Cristina Aldeguer-Roque: while services reached 23.31 billion U.S. dollars as of June 2026.

1913
01:12:14,140 --> 01:12:20,140
DTI Secretary Maria Cristina Aldeguer-Roque: In 2025, Philippine exports reached all-time high, 15.4%.

1914
01:12:20,140 --> 01:12:23,140
DTI Secretary Maria Cristina Aldeguer-Roque: We carried this momentum straight in 2026

1915
01:12:23,140 --> 01:12:27,140
DTI Secretary Maria Cristina Aldeguer-Roque: with monthly exports growing at January 8.7,

1916
01:12:27,140 --> 01:12:29,140
DTI Secretary Maria Cristina Aldeguer-Roque: February 8.9%,

1917
01:12:29,140 --> 01:12:31,140
DTI Secretary Maria Cristina Aldeguer-Roque: March 20.4%,

1918
01:12:31,140 --> 01:12:33,140
DTI Secretary Maria Cristina Aldeguer-Roque: April 7.2%,

1919
01:12:33,140 --> 01:12:35,140
DTI Secretary Maria Cristina Aldeguer-Roque: May 7.6,

1920
01:12:35,140 --> 01:12:37,140
DTI Secretary Maria Cristina Aldeguer-Roque: June 24.1,

1921
01:12:37,140 --> 01:12:38,140
DTI Secretary Maria Cristina Aldeguer-Roque: July 10.8,

1922
01:12:38,140 --> 01:12:39,140
DTI Secretary Maria Cristina Aldeguer-Roque: and August is up,

1923
01:12:39,140 --> 01:12:43,140
DTI Secretary Maria Cristina Aldeguer-Roque: but PCA will announce tomorrow the exact figure.

1924
01:12:43,140 --> 01:12:47,140
DTI Secretary Maria Cristina Aldeguer-Roque: Semiconductors, electronic, automotive parts, and minerals

1925
01:12:47,140 --> 01:12:50,140
DTI Secretary Maria Cristina Aldeguer-Roque: continue to account for a significant share of our exports,

1926
01:12:50,140 --> 01:12:54,140
DTI Secretary Maria Cristina Aldeguer-Roque: but we have seen a lot of wins in the agriculture exports,

1927
01:12:54,140 --> 01:12:58,140
DTI Secretary Maria Cristina Aldeguer-Roque: particularly coconut, banana, pineapples, ube, and calamansi.

1928
01:12:58,140 --> 01:13:02,140
DTI Secretary Maria Cristina Aldeguer-Roque: But we are pushing also for bamboo.

1929
01:13:02,140 --> 01:13:03,140
DTI Secretary Maria Cristina Aldeguer-Roque: Just this year,

1930
01:13:03,140 --> 01:13:04,140
DTI Secretary Maria Cristina Aldeguer-Roque: we also sent our first shipments

1931
01:13:04,140 --> 01:13:08,140
DTI Secretary Maria Cristina Aldeguer-Roque: of fresh mangoes to Canada.

1932
01:13:08,140 --> 01:13:11,140
DTI Secretary Maria Cristina Aldeguer-Roque: 400 kilos we started a month ago,

1933
01:13:11,140 --> 01:13:13,140
DTI Secretary Maria Cristina Aldeguer-Roque: and then last two weeks,

1934
01:13:13,140 --> 01:13:17,140
DTI Secretary Maria Cristina Aldeguer-Roque: we shipped also one metric tons of fresh mangoes,

1935
01:13:17,140 --> 01:13:19,140
DTI Secretary Maria Cristina Aldeguer-Roque: and then we'll see how it goes.

1936
01:13:19,140 --> 01:13:23,140
DTI Secretary Maria Cristina Aldeguer-Roque: We also shipped 150 kilos to Brussels, Europe,

1937
01:13:23,140 --> 01:13:27,140
DTI Secretary Maria Cristina Aldeguer-Roque: and now we have an inquiry from UAE

1938
01:13:27,140 --> 01:13:31,140
DTI Secretary Maria Cristina Aldeguer-Roque: for two metric tons of fresh mangoes.

1939
01:13:31,140 --> 01:13:33,140
DTI Secretary Maria Cristina Aldeguer-Roque: So again, durian mangosteen also to Canada,

1940
01:13:33,140 --> 01:13:35,140
DTI Secretary Maria Cristina Aldeguer-Roque: and we also had it.

1941
01:13:35,140 --> 01:13:39,140
DTI Secretary Maria Cristina Aldeguer-Roque: Then the success of our exporters creates opportunities

1942
01:13:39,140 --> 01:13:41,140
DTI Secretary Maria Cristina Aldeguer-Roque: and income for farmers,

1943
01:13:41,140 --> 01:13:43,140
DTI Secretary Maria Cristina Aldeguer-Roque: creates jobs in rural communities,

1944
01:13:43,140 --> 01:13:47,140
DTI Secretary Maria Cristina Aldeguer-Roque: and strengthens local supply chains across the country.

1945
01:13:47,140 --> 01:13:48,140
DTI Secretary Maria Cristina Aldeguer-Roque: For example,

1946
01:13:48,140 --> 01:13:51,140
DTI Secretary Maria Cristina Aldeguer-Roque: one exporter supported by DTI

1947
01:13:51,140 --> 01:13:55,140
DTI Secretary Maria Cristina Aldeguer-Roque: has expanded the business from 2023 to last year

1948
01:13:55,140 --> 01:13:58,140
DTI Secretary Maria Cristina Aldeguer-Roque: by times four during this administration.

1949
01:13:58,140 --> 01:14:00,140
DTI Secretary Maria Cristina Aldeguer-Roque: So to meet the growing demand,

1950
01:14:00,140 --> 01:14:03,140
DTI Secretary Maria Cristina Aldeguer-Roque: the company sources an average of 600 metric tons

1951
01:14:03,140 --> 01:14:06,140
DTI Secretary Maria Cristina Aldeguer-Roque: of agriculture imports per month

1952
01:14:06,140 --> 01:14:08,140
DTI Secretary Maria Cristina Aldeguer-Roque: from farmers and communities,

1953
01:14:08,140 --> 01:14:10,140
DTI Secretary Maria Cristina Aldeguer-Roque: and they deliver on a daily basis

1954
01:14:10,140 --> 01:14:12,140
DTI Secretary Maria Cristina Aldeguer-Roque: these small enterprises.

1955
01:14:12,140 --> 01:14:15,140
DTI Secretary Maria Cristina Aldeguer-Roque: So we encourage the small enterprises

1956
01:14:15,140 --> 01:14:17,140
DTI Secretary Maria Cristina Aldeguer-Roque: to supply the exporters

1957
01:14:17,140 --> 01:14:21,140
DTI Secretary Maria Cristina Aldeguer-Roque: so that they can actually move their products also.

1958
01:14:21,140 --> 01:14:23,140
DTI Secretary Maria Cristina Aldeguer-Roque: And since ang produce nila maliit lang,

1959
01:14:23,140 --> 01:14:25,140
DTI Secretary Maria Cristina Aldeguer-Roque: they can supply on a daily basis,

1960
01:14:25,140 --> 01:14:28,140
DTI Secretary Maria Cristina Aldeguer-Roque: which is fine for a lot of these exporters.

1961
01:14:28,140 --> 01:14:31,140
DTI Secretary Maria Cristina Aldeguer-Roque: We will continue to open doors for exporters.

1962
01:14:31,140 --> 01:14:32,140
DTI Secretary Maria Cristina Aldeguer-Roque: Under this administration,

1963
01:14:32,140 --> 01:14:37,140
DTI Secretary Maria Cristina Aldeguer-Roque: is set to make history and 23 free trade agreements.

1964
01:14:37,140 --> 01:14:38,140
DTI Secretary Maria Cristina Aldeguer-Roque: This year alone,

1965
01:14:38,140 --> 01:14:41,140
DTI Secretary Maria Cristina Aldeguer-Roque: we will hope to conclude the JPEPA,

1966
01:14:41,140 --> 01:14:43,140
DTI Secretary Maria Cristina Aldeguer-Roque: and we have also seen the conclusion

1967
01:14:43,140 --> 01:14:44,140
DTI Secretary Maria Cristina Aldeguer-Roque: in the European,

1968
01:14:44,140 --> 01:14:46,140
DTI Secretary Maria Cristina Aldeguer-Roque: Philippine-European FTA.

1969
01:14:46,140 --> 01:14:49,140
DTI Secretary Maria Cristina Aldeguer-Roque: We signed the Philippine-Chile FTA

1970
01:14:49,140 --> 01:14:51,140
DTI Secretary Maria Cristina Aldeguer-Roque: that will open the South America market.

1971
01:14:51,140 --> 01:14:55,140
DTI Secretary Maria Cristina Aldeguer-Roque: Then we also have the ASEAN trade in goods agreement.

1972
01:14:55,140 --> 01:14:58,140
DTI Secretary Maria Cristina Aldeguer-Roque: So there are a lot of FTAs in place,

1973
01:14:58,140 --> 01:15:00,000
DTI Secretary Maria Cristina Aldeguer-Roque: but we will end by

1974
01:15:00,000 --> 01:15:02,500
DTI Secretary Maria Cristina Aldeguer-Roque: 23 by this year

1975
01:15:02,500 --> 01:15:03,460
DTI Secretary Maria Cristina Aldeguer-Roque: concluded.

1976
01:15:04,260 --> 01:15:06,580
DTI Secretary Maria Cristina Aldeguer-Roque: Aside from market access, our exporters

1977
01:15:06,580 --> 01:15:08,360
DTI Secretary Maria Cristina Aldeguer-Roque: must still connect with buyers,

1978
01:15:08,540 --> 01:15:10,460
DTI Secretary Maria Cristina Aldeguer-Roque: showcase their products, and secure orders.

1979
01:15:10,960 --> 01:15:12,460
DTI Secretary Maria Cristina Aldeguer-Roque: We are proposing an

1980
01:15:12,460 --> 01:15:14,340
DTI Secretary Maria Cristina Aldeguer-Roque: additional budget of 100 million

1981
01:15:14,340 --> 01:15:16,480
DTI Secretary Maria Cristina Aldeguer-Roque: that will allow more Philippine companies

1982
01:15:16,480 --> 01:15:18,440
DTI Secretary Maria Cristina Aldeguer-Roque: to participate in international trade

1983
01:15:18,440 --> 01:15:20,560
DTI Secretary Maria Cristina Aldeguer-Roque: shows where actual business

1984
01:15:20,560 --> 01:15:22,320
DTI Secretary Maria Cristina Aldeguer-Roque: deals and export contracts are

1985
01:15:22,320 --> 01:15:24,380
DTI Secretary Maria Cristina Aldeguer-Roque: generated. We need to expand

1986
01:15:24,380 --> 01:15:25,700
DTI Secretary Maria Cristina Aldeguer-Roque: the size of our booths

1987
01:15:25,700 --> 01:15:28,560
DTI Secretary Maria Cristina Aldeguer-Roque: to accommodate more

1988
01:15:28,560 --> 01:15:30,540
DTI Secretary Maria Cristina Aldeguer-Roque: products, and we also need to

1989
01:15:30,540 --> 01:15:32,780
DTI Secretary Maria Cristina Aldeguer-Roque: join more trade shows to showcase

1990
01:15:32,780 --> 01:15:34,020
DTI Secretary Maria Cristina Aldeguer-Roque: our products.

1991
01:15:34,640 --> 01:15:36,180
DTI Secretary Maria Cristina Aldeguer-Roque: Another major opportunity

1992
01:15:36,180 --> 01:15:38,320
DTI Secretary Maria Cristina Aldeguer-Roque: in our

1993
01:15:38,320 --> 01:15:39,560
DTI Secretary Maria Cristina Aldeguer-Roque: chairship is the landmark

1994
01:15:39,560 --> 01:15:41,860
DTI Secretary Maria Cristina Aldeguer-Roque: agreement, which is the DEFA.

1995
01:15:42,960 --> 01:15:44,000
DTI Secretary Maria Cristina Aldeguer-Roque: This first

1996
01:15:44,000 --> 01:15:46,120
DTI Secretary Maria Cristina Aldeguer-Roque: regional, first in the world,

1997
01:15:46,740 --> 01:15:48,300
DTI Secretary Maria Cristina Aldeguer-Roque: which is scheduled for signing

1998
01:15:48,300 --> 01:15:50,380
DTI Secretary Maria Cristina Aldeguer-Roque: this November, DEFA is expected

1999
01:15:50,380 --> 01:15:52,380
DTI Secretary Maria Cristina Aldeguer-Roque: to unlock an opportunity of

2000
01:15:52,380 --> 01:15:54,700
DTI Secretary Maria Cristina Aldeguer-Roque: 2 trillion US dollars by 2030.

2001
01:15:55,280 --> 01:15:56,320
DTI Secretary Maria Cristina Aldeguer-Roque: This will open the

2002
01:15:56,320 --> 01:15:58,240
DTI Secretary Maria Cristina Aldeguer-Roque: digital space, digital economy,

2003
01:15:58,560 --> 01:16:00,520
DTI Secretary Maria Cristina Aldeguer-Roque: digital payments

2004
01:16:00,520 --> 01:16:02,660
DTI Secretary Maria Cristina Aldeguer-Roque: cross-border,

2005
01:16:03,060 --> 01:16:04,960
DTI Secretary Maria Cristina Aldeguer-Roque: and then digital identity,

2006
01:16:05,140 --> 01:16:06,780
DTI Secretary Maria Cristina Aldeguer-Roque: cybersecurity, data governance,

2007
01:16:07,080 --> 01:16:08,760
DTI Secretary Maria Cristina Aldeguer-Roque: and competition policies, and

2008
01:16:08,760 --> 01:16:10,160
DTI Secretary Maria Cristina Aldeguer-Roque: digital talent development.

2009
01:16:10,940 --> 01:16:12,920
DTI Secretary Maria Cristina Aldeguer-Roque: On investments, the strong

2010
01:16:12,920 --> 01:16:14,920
DTI Secretary Maria Cristina Aldeguer-Roque: performance of our investment promotion

2011
01:16:14,920 --> 01:16:17,200
DTI Secretary Maria Cristina Aldeguer-Roque: agencies in 2025,

2012
01:16:17,500 --> 01:16:18,640
DTI Secretary Maria Cristina Aldeguer-Roque: the BOI approved

2013
01:16:18,640 --> 01:16:20,920
DTI Secretary Maria Cristina Aldeguer-Roque: 1.56 trillion in investment,

2014
01:16:21,560 --> 01:16:23,240
DTI Secretary Maria Cristina Aldeguer-Roque: surpassing the 1.5

2015
01:16:23,240 --> 01:16:24,880
DTI Secretary Maria Cristina Aldeguer-Roque: trillion mark for the second

2016
01:16:24,880 --> 01:16:26,720
DTI Secretary Maria Cristina Aldeguer-Roque: consecutive year, and

2017
01:16:26,720 --> 01:16:28,440
DTI Secretary Maria Cristina Aldeguer-Roque: registering the second highest

2018
01:16:28,440 --> 01:16:30,240
DTI Secretary Maria Cristina Aldeguer-Roque: level of investment approvals

2019
01:16:30,240 --> 01:16:32,580
DTI Secretary Maria Cristina Aldeguer-Roque: in the agency's 58th year history.

2020
01:16:33,140 --> 01:16:34,500
DTI Secretary Maria Cristina Aldeguer-Roque: These 322

2021
01:16:34,500 --> 01:16:36,260
DTI Secretary Maria Cristina Aldeguer-Roque: approved projects are expected

2022
01:16:36,260 --> 01:16:37,600
DTI Secretary Maria Cristina Aldeguer-Roque: to generate more than

2023
01:16:37,600 --> 01:16:40,140
DTI Secretary Maria Cristina Aldeguer-Roque: 40,000 jobs for Filipinos

2024
01:16:40,140 --> 01:16:42,300
DTI Secretary Maria Cristina Aldeguer-Roque: nationwide. At the same time,

2025
01:16:42,460 --> 01:16:44,540
DTI Secretary Maria Cristina Aldeguer-Roque: the PESA continues to attract

2026
01:16:44,540 --> 01:16:46,080
DTI Secretary Maria Cristina Aldeguer-Roque: both new and expanding

2027
01:16:46,080 --> 01:16:48,000
DTI Secretary Maria Cristina Aldeguer-Roque: investors, so PESA approved

2028
01:16:48,000 --> 01:16:52,240
DTI Secretary Maria Cristina Aldeguer-Roque: 260.89 billion pesos

2029
01:16:52,240 --> 01:16:54,700
DTI Secretary Maria Cristina Aldeguer-Roque: in investments in 2025.

2030
01:16:55,360 --> 01:16:56,260
DTI Secretary Maria Cristina Aldeguer-Roque: In the first eight

2031
01:16:56,260 --> 01:16:58,100
DTI Secretary Maria Cristina Aldeguer-Roque: months of 2026 alone,

2032
01:16:58,100 --> 01:16:59,220
DTI Secretary Maria Cristina Aldeguer-Roque: it already approved

2033
01:16:59,220 --> 01:17:01,800
DTI Secretary Maria Cristina Aldeguer-Roque: 216.46 billion in

2034
01:17:01,800 --> 01:17:03,960
DTI Secretary Maria Cristina Aldeguer-Roque: investments across 196

2035
01:17:03,960 --> 01:17:06,120
DTI Secretary Maria Cristina Aldeguer-Roque: new and expansion projects,

2036
01:17:06,200 --> 01:17:08,040
DTI Secretary Maria Cristina Aldeguer-Roque: securing more than 72%

2037
01:17:08,040 --> 01:17:09,280
DTI Secretary Maria Cristina Aldeguer-Roque: of its annual target.

2038
01:17:09,860 --> 01:17:11,960
DTI Secretary Maria Cristina Aldeguer-Roque: These projects are projected to create

2039
01:17:11,960 --> 01:17:14,060
DTI Secretary Maria Cristina Aldeguer-Roque: approximately 27,000

2040
01:17:14,060 --> 01:17:15,040
DTI Secretary Maria Cristina Aldeguer-Roque: direct new jobs.

2041
01:17:16,000 --> 01:17:17,780
DTI Secretary Maria Cristina Aldeguer-Roque: We are further strengthening

2042
01:17:17,780 --> 01:17:19,800
DTI Secretary Maria Cristina Aldeguer-Roque: the country's competitiveness through the

2043
01:17:19,800 --> 01:17:21,960
DTI Secretary Maria Cristina Aldeguer-Roque: Create More Act and the

2044
01:17:21,960 --> 01:17:23,820
DTI Secretary Maria Cristina Aldeguer-Roque: SIPP 2026

2045
01:17:23,820 --> 01:17:26,180
DTI Secretary Maria Cristina Aldeguer-Roque: and the Green Lanes for Strategic

2046
01:17:26,180 --> 01:17:28,040
DTI Secretary Maria Cristina Aldeguer-Roque: Investments. These reforms,

2047
01:17:28,100 --> 01:17:29,420
DTI Secretary Maria Cristina Aldeguer-Roque: encourage new investments

2048
01:17:29,420 --> 01:17:32,200
DTI Secretary Maria Cristina Aldeguer-Roque: and support expansions of existing

2049
01:17:32,200 --> 01:17:33,940
DTI Secretary Maria Cristina Aldeguer-Roque: investors and provide industries

2050
01:17:33,940 --> 01:17:36,020
DTI Secretary Maria Cristina Aldeguer-Roque: with enabling environment where they

2051
01:17:36,020 --> 01:17:38,180
DTI Secretary Maria Cristina Aldeguer-Roque: need to grow. Mr. Chair,

2052
01:17:38,640 --> 01:17:39,800
DTI Secretary Maria Cristina Aldeguer-Roque: while these numbers

2053
01:17:39,800 --> 01:17:41,840
DTI Secretary Maria Cristina Aldeguer-Roque: clearly show immense potential

2054
01:17:41,840 --> 01:17:43,960
DTI Secretary Maria Cristina Aldeguer-Roque: and foreign investor interest, I

2055
01:17:43,960 --> 01:17:45,920
DTI Secretary Maria Cristina Aldeguer-Roque: want to emphasize that we currently do not

2056
01:17:45,920 --> 01:17:47,940
DTI Secretary Maria Cristina Aldeguer-Roque: have dedicated budget for investment

2057
01:17:47,940 --> 01:17:50,000
DTI Secretary Maria Cristina Aldeguer-Roque: promotion. We want

2058
01:17:50,000 --> 01:17:51,600
DTI Secretary Maria Cristina Aldeguer-Roque: to aggressively drive and increase

2059
01:17:51,600 --> 01:17:53,960
DTI Secretary Maria Cristina Aldeguer-Roque: investments, especially that we have

2060
01:17:53,960 --> 01:17:55,660
DTI Secretary Maria Cristina Aldeguer-Roque: a lot of free trade agreements

2061
01:17:55,660 --> 01:17:57,220
DTI Secretary Maria Cristina Aldeguer-Roque: and we have a

2062
01:17:58,100 --> 01:17:58,260
DTI Secretary Maria Cristina Aldeguer-Roque: lot

2063
01:17:58,260 --> 01:18:00,020
DTI Secretary Maria Cristina Aldeguer-Roque: of incentives that are now

2064
01:18:00,020 --> 01:18:02,300
DTI Secretary Maria Cristina Aldeguer-Roque: more, that really

2065
01:18:02,300 --> 01:18:04,140
DTI Secretary Maria Cristina Aldeguer-Roque: encourage more investors to invest

2066
01:18:04,140 --> 01:18:06,080
DTI Secretary Maria Cristina Aldeguer-Roque: in the country. But we hope to

2067
01:18:06,080 --> 01:18:08,060
DTI Secretary Maria Cristina Aldeguer-Roque: get more investments to

2068
01:18:08,060 --> 01:18:10,020
DTI Secretary Maria Cristina Aldeguer-Roque: secure more jobs and

2069
01:18:10,020 --> 01:18:11,400
DTI Secretary Maria Cristina Aldeguer-Roque: more income for the country.

2070
01:18:12,460 --> 01:18:13,980
DTI Secretary Maria Cristina Aldeguer-Roque: So through the

2071
01:18:13,980 --> 01:18:15,900
DTI Secretary Maria Cristina Aldeguer-Roque: DTI's network of the

2072
01:18:15,900 --> 01:18:18,260
DTI Secretary Maria Cristina Aldeguer-Roque: Philippine Trade and Investment Centers

2073
01:18:18,260 --> 01:18:20,100
DTI Secretary Maria Cristina Aldeguer-Roque: in 21 countries all over

2074
01:18:20,100 --> 01:18:21,900
DTI Secretary Maria Cristina Aldeguer-Roque: the world with 29 trade attaches,

2075
01:18:22,480 --> 01:18:24,220
DTI Secretary Maria Cristina Aldeguer-Roque: we actively promote

2076
01:18:24,220 --> 01:18:25,920
DTI Secretary Maria Cristina Aldeguer-Roque: the Philippines as an investment

2077
01:18:25,920 --> 01:18:27,980
DTI Secretary Maria Cristina Aldeguer-Roque: destination. These offices

2078
01:18:27,980 --> 01:18:29,780
DTI Secretary Maria Cristina Aldeguer-Roque: serve as a frontline presence in

2079
01:18:29,780 --> 01:18:31,820
DTI Secretary Maria Cristina Aldeguer-Roque: major markets. So again, we also need

2080
01:18:31,820 --> 01:18:33,820
DTI Secretary Maria Cristina Aldeguer-Roque: budget for this so they

2081
01:18:33,820 --> 01:18:35,720
DTI Secretary Maria Cristina Aldeguer-Roque: can promote the Philippines as an

2082
01:18:35,720 --> 01:18:37,980
DTI Secretary Maria Cristina Aldeguer-Roque: investment haven more aggressively.

2083
01:18:38,620 --> 01:18:40,180
DTI Secretary Maria Cristina Aldeguer-Roque: Second, on industry

2084
01:18:40,180 --> 01:18:41,860
DTI Secretary Maria Cristina Aldeguer-Roque: and MSME development,

2085
01:18:42,140 --> 01:18:43,420
DTI Secretary Maria Cristina Aldeguer-Roque: under the Tatak Pinoy

2086
01:18:43,420 --> 01:18:45,580
DTI Secretary Maria Cristina Aldeguer-Roque: strategy, our goal is to build

2087
01:18:45,580 --> 01:18:47,440
DTI Secretary Maria Cristina Aldeguer-Roque: globally competitive Filipino

2088
01:18:47,440 --> 01:18:49,500
DTI Secretary Maria Cristina Aldeguer-Roque: enterprises that create higher value

2089
01:18:49,500 --> 01:18:51,400
DTI Secretary Maria Cristina Aldeguer-Roque: products, better job, and greater

2090
01:18:51,400 --> 01:18:53,700
DTI Secretary Maria Cristina Aldeguer-Roque: economic opportunities. To achieve

2091
01:18:53,700 --> 01:18:55,860
DTI Secretary Maria Cristina Aldeguer-Roque: this, we must ensure that our MSMEs

2092
01:18:55,860 --> 01:18:56,980
DTI Secretary Maria Cristina Aldeguer-Roque: have market access

2093
01:18:57,980 --> 01:19:00,360
DTI Secretary Maria Cristina Aldeguer-Roque: financing and support. They need to

2094
01:19:00,360 --> 01:19:02,520
DTI Secretary Maria Cristina Aldeguer-Roque: grow, scale up, and seize the opportunities

2095
01:19:02,520 --> 01:19:04,320
DTI Secretary Maria Cristina Aldeguer-Roque: created by expanding

2096
01:19:04,320 --> 01:19:06,500
DTI Secretary Maria Cristina Aldeguer-Roque: trade and investments. So we need

2097
01:19:06,500 --> 01:19:08,580
DTI Secretary Maria Cristina Aldeguer-Roque: to, from the MSMEs

2098
01:19:08,580 --> 01:19:10,460
DTI Secretary Maria Cristina Aldeguer-Roque: supplying the local, those

2099
01:19:10,460 --> 01:19:12,180
DTI Secretary Maria Cristina Aldeguer-Roque: that are ready to go for

2100
01:19:12,180 --> 01:19:14,500
DTI Secretary Maria Cristina Aldeguer-Roque: the global market, we need

2101
01:19:14,500 --> 01:19:16,200
DTI Secretary Maria Cristina Aldeguer-Roque: to link them already to

2102
01:19:16,200 --> 01:19:18,680
DTI Secretary Maria Cristina Aldeguer-Roque: these exporters.

2103
01:19:18,680 --> 01:19:20,520
DTI Secretary Maria Cristina Aldeguer-Roque: So we need assistance also

2104
01:19:20,520 --> 01:19:22,720
DTI Secretary Maria Cristina Aldeguer-Roque: financially on this. One of

2105
01:19:22,720 --> 01:19:24,320
DTI Secretary Maria Cristina Aldeguer-Roque: the most effective ways is to

2106
01:19:24,320 --> 01:19:26,580
DTI Secretary Maria Cristina Aldeguer-Roque: connect the business directly with buyers

2107
01:19:26,580 --> 01:19:27,680
DTI Secretary Maria Cristina Aldeguer-Roque: and commercial opportunities.

2108
01:19:27,980 --> 01:19:30,260
DTI Secretary Maria Cristina Aldeguer-Roque: It's through the international and

2109
01:19:30,260 --> 01:19:31,880
DTI Secretary Maria Cristina Aldeguer-Roque: local trade fairs.

2110
01:19:31,880 --> 01:19:34,420
DTI Secretary Maria Cristina Aldeguer-Roque: Products will remain as

2111
01:19:34,420 --> 01:19:36,300
DTI Secretary Maria Cristina Aldeguer-Roque: products unless we sell them. So we need

2112
01:19:36,300 --> 01:19:38,160
DTI Secretary Maria Cristina Aldeguer-Roque: to provide market access for them,

2113
01:19:38,600 --> 01:19:40,340
DTI Secretary Maria Cristina Aldeguer-Roque: strategic market access for

2114
01:19:40,340 --> 01:19:41,800
DTI Secretary Maria Cristina Aldeguer-Roque: them locally and globally.

2115
01:19:42,060 --> 01:19:44,300
DTI Secretary Maria Cristina Aldeguer-Roque: For the local, we

2116
01:19:44,300 --> 01:19:45,200
DTI Secretary Maria Cristina Aldeguer-Roque: need to invite

2117
01:19:45,200 --> 01:19:47,360
DTI Secretary Maria Cristina Aldeguer-Roque: buyers,

2118
01:19:48,180 --> 01:19:50,200
DTI Secretary Maria Cristina Aldeguer-Roque: bulk buyers or wholesale buyers

2119
01:19:50,200 --> 01:19:51,640
DTI Secretary Maria Cristina Aldeguer-Roque: to buy the products of the

2120
01:19:51,640 --> 01:19:54,640
DTI Secretary Maria Cristina Aldeguer-Roque: small and medium enterprises.

2121
01:19:55,280 --> 01:19:56,460
DTI Secretary Maria Cristina Aldeguer-Roque: In 2026

2122
01:19:56,460 --> 01:19:57,960
DTI Secretary Maria Cristina Aldeguer-Roque: alone, the National Trade Fair,

2123
01:19:57,980 --> 01:19:59,980
DTI Secretary Maria Cristina Aldeguer-Roque: assisted 1,457

2124
01:20:00,920 --> 01:20:02,360
DTI Secretary Maria Cristina Aldeguer-Roque: MSMEs and

2125
01:20:02,360 --> 01:20:03,940
DTI Secretary Maria Cristina Aldeguer-Roque: generated nearly

2126
01:20:03,940 --> 01:20:05,960
DTI Secretary Maria Cristina Aldeguer-Roque: 1 billion in sales as of the

2127
01:20:05,960 --> 01:20:08,000
DTI Secretary Maria Cristina Aldeguer-Roque: third quarter when the last year

2128
01:20:08,000 --> 01:20:09,700
DTI Secretary Maria Cristina Aldeguer-Roque: we were able to

2129
01:20:09,700 --> 01:20:11,620
DTI Secretary Maria Cristina Aldeguer-Roque: sell around 600 million.

2130
01:20:11,900 --> 01:20:13,840
DTI Secretary Maria Cristina Aldeguer-Roque: So we've grown already and we're just

2131
01:20:13,840 --> 01:20:15,920
DTI Secretary Maria Cristina Aldeguer-Roque: in our third quarter. But we still

2132
01:20:15,920 --> 01:20:17,980
DTI Secretary Maria Cristina Aldeguer-Roque: need to assist them and

2133
01:20:17,980 --> 01:20:19,900
DTI Secretary Maria Cristina Aldeguer-Roque: provide them more market access.

2134
01:20:20,580 --> 01:20:21,920
DTI Secretary Maria Cristina Aldeguer-Roque: Growth, however, requires

2135
01:20:21,920 --> 01:20:24,320
DTI Secretary Maria Cristina Aldeguer-Roque: capital. So through the SB Corporation,

2136
01:20:25,040 --> 01:20:26,020
DTI Secretary Maria Cristina Aldeguer-Roque: the DTI continues

2137
01:20:26,020 --> 01:20:27,960
DTI Secretary Maria Cristina Aldeguer-Roque: to provide financing which enables

2138
01:20:27,980 --> 01:20:29,880
DTI Secretary Maria Cristina Aldeguer-Roque: MSMEs to expand production.

2139
01:20:30,940 --> 01:20:31,640
DTI Secretary Maria Cristina Aldeguer-Roque: We have just

2140
01:20:31,640 --> 01:20:33,520
DTI Secretary Maria Cristina Aldeguer-Roque: launched

2141
01:20:33,520 --> 01:20:35,700
DTI Secretary Maria Cristina Aldeguer-Roque: dedicated financing programs

2142
01:20:35,700 --> 01:20:37,380
DTI Secretary Maria Cristina Aldeguer-Roque: for women

2143
01:20:37,380 --> 01:20:39,900
DTI Secretary Maria Cristina Aldeguer-Roque: entrepreneurs to encourage

2144
01:20:39,900 --> 01:20:41,820
DTI Secretary Maria Cristina Aldeguer-Roque: double income in a family

2145
01:20:41,820 --> 01:20:43,440
DTI Secretary Maria Cristina Aldeguer-Roque: and to promote also

2146
01:20:43,440 --> 01:20:45,240
DTI Secretary Maria Cristina Aldeguer-Roque: women in business.

2147
01:20:45,700 --> 01:20:48,020
DTI Secretary Maria Cristina Aldeguer-Roque: Then also exporters, MSMEs,

2148
01:20:48,080 --> 01:20:50,100
DTI Secretary Maria Cristina Aldeguer-Roque: OFWs, e-transport operators

2149
01:20:50,100 --> 01:20:51,880
DTI Secretary Maria Cristina Aldeguer-Roque: and the Youth Enterprise Fund.

2150
01:20:52,520 --> 01:20:53,920
DTI Secretary Maria Cristina Aldeguer-Roque: Supported by a total

2151
01:20:53,920 --> 01:20:55,720
DTI Secretary Maria Cristina Aldeguer-Roque: fund of 12 billion, these

2152
01:20:55,720 --> 01:20:57,720
DTI Secretary Maria Cristina Aldeguer-Roque: financing programs create more opportunity

2153
01:20:57,980 --> 01:20:59,840
DTI Secretary Maria Cristina Aldeguer-Roque: for Filipinos to earn, build

2154
01:20:59,840 --> 01:21:01,560
DTI Secretary Maria Cristina Aldeguer-Roque: businesses and

2155
01:21:01,560 --> 01:21:03,820
DTI Secretary Maria Cristina Aldeguer-Roque: really expand also their

2156
01:21:03,820 --> 01:21:05,720
DTI Secretary Maria Cristina Aldeguer-Roque: business. We have

2157
01:21:05,720 --> 01:21:07,800
DTI Secretary Maria Cristina Aldeguer-Roque: changed also the policy

2158
01:21:07,800 --> 01:21:09,720
DTI Secretary Maria Cristina Aldeguer-Roque: so up to 5 million, no

2159
01:21:09,720 --> 01:21:11,700
DTI Secretary Maria Cristina Aldeguer-Roque: collateral and then one year

2160
01:21:11,700 --> 01:21:13,580
DTI Secretary Maria Cristina Aldeguer-Roque: no payment of principal and interest

2161
01:21:13,580 --> 01:21:15,600
DTI Secretary Maria Cristina Aldeguer-Roque: para makausad din yung negosyo nila.

2162
01:21:16,340 --> 01:21:17,900
DTI Secretary Maria Cristina Aldeguer-Roque: However, I want to emphasize

2163
01:21:17,900 --> 01:21:19,860
DTI Secretary Maria Cristina Aldeguer-Roque: this Honorable Chair

2164
01:21:19,860 --> 01:21:21,680
DTI Secretary Maria Cristina Aldeguer-Roque: that the current budget of

2165
01:21:21,680 --> 01:21:23,900
DTI Secretary Maria Cristina Aldeguer-Roque: SB Corporation is way too small

2166
01:21:23,900 --> 01:21:25,600
DTI Secretary Maria Cristina Aldeguer-Roque: to cater to the actual needs of the

2167
01:21:25,600 --> 01:21:27,520
DTI Secretary Maria Cristina Aldeguer-Roque: MSMEs nationwide.

2168
01:21:27,980 --> 01:21:29,380
DTI Secretary Maria Cristina Aldeguer-Roque: So far,

2169
01:21:29,900 --> 01:21:32,080
DTI Secretary Maria Cristina Aldeguer-Roque: the demand outweighs our resources.

2170
01:21:32,360 --> 01:21:33,900
DTI Secretary Maria Cristina Aldeguer-Roque: SB Corporation has already

2171
01:21:33,900 --> 01:21:35,660
DTI Secretary Maria Cristina Aldeguer-Roque: received more than 36 billion

2172
01:21:35,660 --> 01:21:37,900
DTI Secretary Maria Cristina Aldeguer-Roque: in loan applications compared

2173
01:21:37,900 --> 01:21:39,240
DTI Secretary Maria Cristina Aldeguer-Roque: to our limited fund

2174
01:21:39,240 --> 01:21:41,760
DTI Secretary Maria Cristina Aldeguer-Roque: capacity of 12.9 billion.

2175
01:21:42,340 --> 01:21:43,940
DTI Secretary Maria Cristina Aldeguer-Roque: We are requesting an additional

2176
01:21:43,940 --> 01:21:45,800
DTI Secretary Maria Cristina Aldeguer-Roque: 5 billion funding for SB

2177
01:21:45,800 --> 01:21:46,440
DTI Secretary Maria Cristina Aldeguer-Roque: Corporation.

2178
01:21:48,180 --> 01:21:49,900
DTI Secretary Maria Cristina Aldeguer-Roque: At the same time, we are

2179
01:21:49,900 --> 01:21:51,980
DTI Secretary Maria Cristina Aldeguer-Roque: preparing our industries for the future.

2180
01:21:52,180 --> 01:21:53,820
DTI Secretary Maria Cristina Aldeguer-Roque: We have just recently launched the

2181
01:21:53,820 --> 01:21:55,880
DTI Secretary Maria Cristina Aldeguer-Roque: AI and Scale-Up Center to

2182
01:21:55,880 --> 01:21:57,540
DTI Secretary Maria Cristina Aldeguer-Roque: help businesses adapt to AI.

2183
01:21:57,980 --> 01:22:00,060
DTI Secretary Maria Cristina Aldeguer-Roque: Especially the small and medium

2184
01:22:00,060 --> 01:22:01,900
DTI Secretary Maria Cristina Aldeguer-Roque: enterprises, how to use AI

2185
01:22:01,900 --> 01:22:03,180
DTI Secretary Maria Cristina Aldeguer-Roque: to move their business.

2186
01:22:04,240 --> 01:22:05,680
DTI Secretary Maria Cristina Aldeguer-Roque: Through our Negosyo Center,

2187
01:22:05,860 --> 01:22:07,500
DTI Secretary Maria Cristina Aldeguer-Roque: shared services facilities and

2188
01:22:07,500 --> 01:22:09,720
DTI Secretary Maria Cristina Aldeguer-Roque: Kapatid Mentor Me program, we continue to

2189
01:22:09,720 --> 01:22:11,600
DTI Secretary Maria Cristina Aldeguer-Roque: assist MSMEs, improve the

2190
01:22:11,600 --> 01:22:13,940
DTI Secretary Maria Cristina Aldeguer-Roque: capabilities, reach larger markets

2191
01:22:13,940 --> 01:22:15,680
DTI Secretary Maria Cristina Aldeguer-Roque: and create more quality jobs

2192
01:22:15,680 --> 01:22:17,620
DTI Secretary Maria Cristina Aldeguer-Roque: and income opportunities for

2193
01:22:17,620 --> 01:22:19,840
DTI Secretary Maria Cristina Aldeguer-Roque: Filipino. Yesterday, we just

2194
01:22:19,840 --> 01:22:21,680
DTI Secretary Maria Cristina Aldeguer-Roque: launched the online portal

2195
01:22:21,680 --> 01:22:23,580
DTI Secretary Maria Cristina Aldeguer-Roque: for the Negosyo Center so

2196
01:22:23,580 --> 01:22:25,440
DTI Secretary Maria Cristina Aldeguer-Roque: I don't have to go to the physical

2197
01:22:25,440 --> 01:22:27,720
DTI Secretary Maria Cristina Aldeguer-Roque: Negosyo Centers anymore kung wala na akong

2198
01:22:27,720 --> 01:22:29,800
DTI Secretary Maria Cristina Aldeguer-Roque: oras. I'm busy working and

2199
01:22:29,800 --> 01:22:32,020
DTI Secretary Maria Cristina Aldeguer-Roque: I don't have to spend anymore

2200
01:22:32,020 --> 01:22:33,180
DTI Secretary Maria Cristina Aldeguer-Roque: extra on

2201
01:22:33,180 --> 01:22:35,820
DTI Secretary Maria Cristina Aldeguer-Roque: transportation costs just to

2202
01:22:35,820 --> 01:22:37,660
DTI Secretary Maria Cristina Aldeguer-Roque: get there. So even in my free time

2203
01:22:37,660 --> 01:22:39,760
DTI Secretary Maria Cristina Aldeguer-Roque: or time before I sleep

2204
01:22:39,760 --> 01:22:41,760
DTI Secretary Maria Cristina Aldeguer-Roque: or when I wake up, I can go

2205
01:22:41,760 --> 01:22:43,320
DTI Secretary Maria Cristina Aldeguer-Roque: to the online portal. So

2206
01:22:43,320 --> 01:22:45,600
DTI Secretary Maria Cristina Aldeguer-Roque: doon sa online portal is exactly

2207
01:22:45,600 --> 01:22:47,700
DTI Secretary Maria Cristina Aldeguer-Roque: like a Negosyo Center. We keep on

2208
01:22:47,700 --> 01:22:49,680
DTI Secretary Maria Cristina Aldeguer-Roque: updating and upgrading the opportunities

2209
01:22:49,680 --> 01:22:51,660
DTI Secretary Maria Cristina Aldeguer-Roque: and possibilities that we give to

2210
01:22:51,660 --> 01:22:53,580
DTI Secretary Maria Cristina Aldeguer-Roque: them. And thirdly,

2211
01:22:53,740 --> 01:22:55,760
DTI Secretary Maria Cristina Aldeguer-Roque: on consumer protection and fair trade.

2212
01:22:56,140 --> 01:22:57,680
DTI Secretary Maria Cristina Aldeguer-Roque: Consumer protection and industry

2213
01:22:57,720 --> 01:22:59,320
DTI Secretary Maria Cristina Aldeguer-Roque: development go hand in hand.

2214
01:22:59,580 --> 01:23:01,700
DTI Secretary Maria Cristina Aldeguer-Roque: Businesses grow when consumers have confidence

2215
01:23:01,700 --> 01:23:04,000
DTI Secretary Maria Cristina Aldeguer-Roque: in products they buy and markets

2216
01:23:04,000 --> 01:23:05,220
DTI Secretary Maria Cristina Aldeguer-Roque: they participate in.

2217
01:23:05,680 --> 01:23:07,620
DTI Secretary Maria Cristina Aldeguer-Roque: DTI remains committed to protecting

2218
01:23:07,620 --> 01:23:09,880
DTI Secretary Maria Cristina Aldeguer-Roque: consumers and promoting fair trade.

2219
01:23:10,260 --> 01:23:11,720
DTI Secretary Maria Cristina Aldeguer-Roque: Through nationwide monitoring

2220
01:23:11,720 --> 01:23:13,740
DTI Secretary Maria Cristina Aldeguer-Roque: and enforcement, we inspected

2221
01:23:13,740 --> 01:23:15,940
DTI Secretary Maria Cristina Aldeguer-Roque: more than 14,000 establishments

2222
01:23:15,940 --> 01:23:17,640
DTI Secretary Maria Cristina Aldeguer-Roque: and monitored over 5,000

2223
01:23:17,640 --> 01:23:19,660
DTI Secretary Maria Cristina Aldeguer-Roque: firms to help ensure the

2224
01:23:19,660 --> 01:23:21,640
DTI Secretary Maria Cristina Aldeguer-Roque: adequate supply and fair pricing

2225
01:23:21,640 --> 01:23:23,800
DTI Secretary Maria Cristina Aldeguer-Roque: of basic necessities and prime commodities.

2226
01:23:24,480 --> 01:23:25,520
DTI Secretary Maria Cristina Aldeguer-Roque: We have

2227
01:23:25,520 --> 01:23:27,640
DTI Secretary Maria Cristina Aldeguer-Roque: offices in

2228
01:23:27,720 --> 01:23:29,520
DTI Secretary Maria Cristina Aldeguer-Roque: 18 regions and

2229
01:23:29,520 --> 01:23:31,640
DTI Secretary Maria Cristina Aldeguer-Roque: this is where they check on a

2230
01:23:31,640 --> 01:23:32,920
DTI Secretary Maria Cristina Aldeguer-Roque: weekly basis yung

2231
01:23:32,920 --> 01:23:35,640
DTI Secretary Maria Cristina Aldeguer-Roque: prices of BNPC and

2232
01:23:35,640 --> 01:23:37,780
DTI Secretary Maria Cristina Aldeguer-Roque: pag may crisis, it's on a daily basis

2233
01:23:37,780 --> 01:23:39,560
DTI Secretary Maria Cristina Aldeguer-Roque: to make sure that there's no

2234
01:23:39,560 --> 01:23:41,460
DTI Secretary Maria Cristina Aldeguer-Roque: movement of the goods, the

2235
01:23:41,460 --> 01:23:43,380
DTI Secretary Maria Cristina Aldeguer-Roque: prices of the goods. We also continue

2236
01:23:43,380 --> 01:23:45,560
DTI Secretary Maria Cristina Aldeguer-Roque: to strengthen product quality and safety.

2237
01:23:45,780 --> 01:23:47,600
DTI Secretary Maria Cristina Aldeguer-Roque: The Bureau of Product Standards approved

2238
01:23:47,600 --> 01:23:49,460
DTI Secretary Maria Cristina Aldeguer-Roque: 512 Philippine

2239
01:23:49,460 --> 01:23:51,540
DTI Secretary Maria Cristina Aldeguer-Roque: National Standards supporting safer and

2240
01:23:51,540 --> 01:23:53,220
DTI Secretary Maria Cristina Aldeguer-Roque: during the times of crisis,

2241
01:23:53,700 --> 01:23:55,500
DTI Secretary Maria Cristina Aldeguer-Roque: DTI acted swiftly to

2242
01:23:55,500 --> 01:23:57,660
DTI Secretary Maria Cristina Aldeguer-Roque: protect consumers by issuing price

2243
01:23:57,660 --> 01:23:59,400
DTI Secretary Maria Cristina Aldeguer-Roque: freeze bulletins. So we do this

2244
01:23:59,400 --> 01:24:01,480
DTI Secretary Maria Cristina Aldeguer-Roque: and we check and monitor on a daily

2245
01:24:01,480 --> 01:24:03,540
DTI Secretary Maria Cristina Aldeguer-Roque: basis. We need

2246
01:24:03,540 --> 01:24:04,960
DTI Secretary Maria Cristina Aldeguer-Roque: more funds to employ

2247
01:24:04,960 --> 01:24:07,520
DTI Secretary Maria Cristina Aldeguer-Roque: more people to address issues

2248
01:24:07,520 --> 01:24:09,520
DTI Secretary Maria Cristina Aldeguer-Roque: especially as what mentioned by

2249
01:24:09,520 --> 01:24:11,460
DTI Secretary Maria Cristina Aldeguer-Roque: Senator Tulfo, as

2250
01:24:11,460 --> 01:24:13,500
DTI Secretary Maria Cristina Aldeguer-Roque: there's a surge of products being sold in the

2251
01:24:13,500 --> 01:24:15,680
DTI Secretary Maria Cristina Aldeguer-Roque: e-commerce platform. So we are requesting

2252
01:24:15,680 --> 01:24:17,660
DTI Secretary Maria Cristina Aldeguer-Roque: actually 21.6 million

2253
01:24:17,660 --> 01:24:19,260
DTI Secretary Maria Cristina Aldeguer-Roque: for this, to upgrade

2254
01:24:19,260 --> 01:24:21,500
DTI Secretary Maria Cristina Aldeguer-Roque: technology for market

2255
01:24:21,500 --> 01:24:23,540
DTI Secretary Maria Cristina Aldeguer-Roque: monitoring, enforcement, and consumer

2256
01:24:23,540 --> 01:24:24,380
DTI Secretary Maria Cristina Aldeguer-Roque: assistance.

2257
01:24:25,540 --> 01:24:27,640
DTI Secretary Maria Cristina Aldeguer-Roque: DTI's financial performance,

2258
01:24:27,660 --> 01:24:29,760
DTI Secretary Maria Cristina Aldeguer-Roque: for fiscal year 2025,

2259
01:24:30,060 --> 01:24:31,740
DTI Secretary Maria Cristina Aldeguer-Roque: the DTI had total available

2260
01:24:31,740 --> 01:24:33,660
DTI Secretary Maria Cristina Aldeguer-Roque: appropriations of 12.111

2261
01:24:35,000 --> 01:24:35,840
DTI Secretary Maria Cristina Aldeguer-Roque: billion pesos.

2262
01:24:36,180 --> 01:24:38,900
DTI Secretary Maria Cristina Aldeguer-Roque: Of this amount, 10.202

2263
01:24:38,900 --> 01:24:39,940
DTI Secretary Maria Cristina Aldeguer-Roque: billion pesos was

2264
01:24:39,940 --> 01:24:41,900
DTI Secretary Maria Cristina Aldeguer-Roque: obligated, equivalent to

2265
01:24:41,900 --> 01:24:43,800
DTI Secretary Maria Cristina Aldeguer-Roque: 87.8%

2266
01:24:43,800 --> 01:24:44,920
DTI Secretary Maria Cristina Aldeguer-Roque: obligation rate.

2267
01:24:45,680 --> 01:24:47,980
DTI Secretary Maria Cristina Aldeguer-Roque: The reason why we were not able to fully

2268
01:24:47,980 --> 01:24:50,060
DTI Secretary Maria Cristina Aldeguer-Roque: utilize this is because the release of

2269
01:24:50,060 --> 01:24:51,660
DTI Secretary Maria Cristina Aldeguer-Roque: the fourth quarter insertions

2270
01:24:52,380 --> 01:24:54,040
DTI Secretary Maria Cristina Aldeguer-Roque: was late, which

2271
01:24:54,040 --> 01:24:56,060
DTI Secretary Maria Cristina Aldeguer-Roque: amounted to 785

2272
01:24:56,060 --> 01:24:56,560
DTI Secretary Maria Cristina Aldeguer-Roque: million.

2273
01:24:57,660 --> 01:24:59,960
DTI Secretary Maria Cristina Aldeguer-Roque: For fiscal year 2026, as of

2274
01:24:59,960 --> 01:25:02,000
DTI Secretary Maria Cristina Aldeguer-Roque: June 30, DTI had available

2275
01:25:02,000 --> 01:25:04,720
DTI Secretary Maria Cristina Aldeguer-Roque: appropriations of 12.133

2276
01:25:04,720 --> 01:25:06,020
DTI Secretary Maria Cristina Aldeguer-Roque: billion. Of this

2277
01:25:06,020 --> 01:25:08,960
DTI Secretary Maria Cristina Aldeguer-Roque: amount, 5.90

2278
01:25:08,960 --> 01:25:10,200
DTI Secretary Maria Cristina Aldeguer-Roque: billion pesos was

2279
01:25:10,200 --> 01:25:13,700
DTI Secretary Maria Cristina Aldeguer-Roque: obligated, equivalent to 46.5%

2280
01:25:13,700 --> 01:25:14,880
DTI Secretary Maria Cristina Aldeguer-Roque: obligation rate

2281
01:25:14,880 --> 01:25:16,400
DTI Secretary Maria Cristina Aldeguer-Roque: for the first semester.

2282
01:25:16,800 --> 01:25:18,060
DTI Secretary Maria Cristina Aldeguer-Roque: So disbursement reached

2283
01:25:18,060 --> 01:25:20,160
DTI Secretary Maria Cristina Aldeguer-Roque: 3.789 billion, or

2284
01:25:20,160 --> 01:25:22,400
DTI Secretary Maria Cristina Aldeguer-Roque: 74.4% of obligation.

2285
01:25:22,580 --> 01:25:23,460
DTI Secretary Maria Cristina Aldeguer-Roque: So we are on track.

2286
01:25:24,300 --> 01:25:26,100
DTI Secretary Maria Cristina Aldeguer-Roque: For the COA findings and

2287
01:25:26,100 --> 01:25:27,640
DTI Secretary Maria Cristina Aldeguer-Roque: recommendations with management,

2288
01:25:27,660 --> 01:25:29,640
DTI Secretary Maria Cristina Aldeguer-Roque: on fiscal year 2025,

2289
01:25:29,960 --> 01:25:31,940
DTI Secretary Maria Cristina Aldeguer-Roque: Commission on Audit Findings and

2290
01:25:31,940 --> 01:25:33,760
DTI Secretary Maria Cristina Aldeguer-Roque: Recommendations, DTI

2291
01:25:33,760 --> 01:25:35,620
DTI Secretary Maria Cristina Aldeguer-Roque: included the required details

2292
01:25:35,620 --> 01:25:37,560
DTI Secretary Maria Cristina Aldeguer-Roque: in the full submission to the committee.

2293
01:25:38,280 --> 01:25:39,580
DTI Secretary Maria Cristina Aldeguer-Roque: We take the COA findings

2294
01:25:39,580 --> 01:25:41,780
DTI Secretary Maria Cristina Aldeguer-Roque: seriously. The department has

2295
01:25:41,780 --> 01:25:43,600
DTI Secretary Maria Cristina Aldeguer-Roque: provided management comments and

2296
01:25:43,600 --> 01:25:45,680
DTI Secretary Maria Cristina Aldeguer-Roque: corresponding actions on the findings

2297
01:25:45,680 --> 01:25:47,380
DTI Secretary Maria Cristina Aldeguer-Roque: and we commit to continue addressing

2298
01:25:47,380 --> 01:25:49,640
DTI Secretary Maria Cristina Aldeguer-Roque: these recommendations in

2299
01:25:49,640 --> 01:25:51,820
DTI Secretary Maria Cristina Aldeguer-Roque: coordination with the COA

2300
01:25:51,820 --> 01:25:53,800
DTI Secretary Maria Cristina Aldeguer-Roque: and concerned DTI office, attached

2301
01:25:53,800 --> 01:25:55,500
DTI Secretary Maria Cristina Aldeguer-Roque: agencies and corporations.

2302
01:25:56,080 --> 01:25:57,500
DTI Secretary Maria Cristina Aldeguer-Roque: Reports on earmarking

2303
01:25:57,660 --> 01:25:59,780
DTI Secretary Maria Cristina Aldeguer-Roque: revenues and off-budget accounts.

2304
01:25:59,920 --> 01:26:02,020
DTI Secretary Maria Cristina Aldeguer-Roque: The department also submitted the required

2305
01:26:02,020 --> 01:26:03,860
DTI Secretary Maria Cristina Aldeguer-Roque: reports on earmarked revenues and

2306
01:26:03,860 --> 01:26:05,600
DTI Secretary Maria Cristina Aldeguer-Roque: off-budget accounts where applicable.

2307
01:26:06,700 --> 01:26:07,920
DTI Secretary Maria Cristina Aldeguer-Roque: These include

2308
01:26:07,920 --> 01:26:10,160
DTI Secretary Maria Cristina Aldeguer-Roque: relevant special accounts revolving

2309
01:26:10,160 --> 01:26:11,840
DTI Secretary Maria Cristina Aldeguer-Roque: funds, retained income

2310
01:26:11,840 --> 01:26:13,900
DTI Secretary Maria Cristina Aldeguer-Roque: and other authorized accounts of

2311
01:26:13,900 --> 01:26:15,980
DTI Secretary Maria Cristina Aldeguer-Roque: concerned DTI offices, attached

2312
01:26:15,980 --> 01:26:17,280
DTI Secretary Maria Cristina Aldeguer-Roque: agencies and corporations.

2313
01:26:17,940 --> 01:26:19,620
DTI Secretary Maria Cristina Aldeguer-Roque: These reports are included

2314
01:26:19,620 --> 01:26:21,980
DTI Secretary Maria Cristina Aldeguer-Roque: in the full deck to ensure the transparency

2315
01:26:21,980 --> 01:26:23,940
DTI Secretary Maria Cristina Aldeguer-Roque: on receipts, expenditures

2316
01:26:23,940 --> 01:26:25,100
DTI Secretary Maria Cristina Aldeguer-Roque: and fund balances.

2317
01:26:26,500 --> 01:26:27,640
DTI Secretary Maria Cristina Aldeguer-Roque: Mr. Chair,

2318
01:26:27,660 --> 01:26:29,880
DTI Secretary Maria Cristina Aldeguer-Roque: the fiscal year

2319
01:26:29,880 --> 01:26:32,180
DTI Secretary Maria Cristina Aldeguer-Roque: 2027 DTI budget reflects

2320
01:26:32,180 --> 01:26:34,280
DTI Secretary Maria Cristina Aldeguer-Roque: clear priorities, expanding

2321
01:26:34,280 --> 01:26:36,100
DTI Secretary Maria Cristina Aldeguer-Roque: trade and investment. So we need to

2322
01:26:36,100 --> 01:26:38,060
DTI Secretary Maria Cristina Aldeguer-Roque: promote the Philippines as

2323
01:26:38,060 --> 01:26:40,720
DTI Secretary Maria Cristina Aldeguer-Roque: an investment

2324
01:26:40,720 --> 01:26:41,800
DTI Secretary Maria Cristina Aldeguer-Roque: haven in

2325
01:26:41,800 --> 01:26:44,120
DTI Secretary Maria Cristina Aldeguer-Roque: Southeast Asia. So

2326
01:26:44,120 --> 01:26:45,680
DTI Secretary Maria Cristina Aldeguer-Roque: we need to develop competitive

2327
01:26:45,680 --> 01:26:47,940
DTI Secretary Maria Cristina Aldeguer-Roque: MSMEs and really drive them

2328
01:26:47,940 --> 01:26:50,000
DTI Secretary Maria Cristina Aldeguer-Roque: to level up

2329
01:26:50,000 --> 01:26:51,780
DTI Secretary Maria Cristina Aldeguer-Roque: also and industries

2330
01:26:51,780 --> 01:26:53,820
DTI Secretary Maria Cristina Aldeguer-Roque: and protecting

2331
01:26:53,820 --> 01:26:55,880
DTI Secretary Maria Cristina Aldeguer-Roque: consumers. Every export

2332
01:26:55,880 --> 01:26:57,400
DTI Secretary Maria Cristina Aldeguer-Roque: shipment creates opportunities,

2333
01:26:57,660 --> 01:26:59,700
DTI Secretary Maria Cristina Aldeguer-Roque: not just for the exporters, but also

2334
01:26:59,700 --> 01:27:01,700
DTI Secretary Maria Cristina Aldeguer-Roque: for farmers, workers and the small and

2335
01:27:01,700 --> 01:27:03,680
DTI Secretary Maria Cristina Aldeguer-Roque: medium enterprises. Every

2336
01:27:03,680 --> 01:27:05,400
DTI Secretary Maria Cristina Aldeguer-Roque: investment projects

2337
01:27:05,400 --> 01:27:07,760
DTI Secretary Maria Cristina Aldeguer-Roque: project creates jobs.

2338
01:27:07,760 --> 01:27:10,040
DTI Secretary Maria Cristina Aldeguer-Roque: Every MSME that grows strengthens

2339
01:27:10,040 --> 01:27:12,060
DTI Secretary Maria Cristina Aldeguer-Roque: local opportunities. We need to provide

2340
01:27:12,060 --> 01:27:13,780
DTI Secretary Maria Cristina Aldeguer-Roque: avenues and opportunities

2341
01:27:13,780 --> 01:27:15,560
DTI Secretary Maria Cristina Aldeguer-Roque: for MSMEs as they

2342
01:27:15,560 --> 01:27:17,180
DTI Secretary Maria Cristina Aldeguer-Roque: start

2343
01:27:17,180 --> 01:27:19,760
DTI Secretary Maria Cristina Aldeguer-Roque: creating their products and really

2344
01:27:19,760 --> 01:27:21,960
DTI Secretary Maria Cristina Aldeguer-Roque: moving to greater heights

2345
01:27:21,960 --> 01:27:23,760
DTI Secretary Maria Cristina Aldeguer-Roque: by providing market access and

2346
01:27:23,760 --> 01:27:25,940
DTI Secretary Maria Cristina Aldeguer-Roque: finance for them. With the support

2347
01:27:25,940 --> 01:27:26,960
DTI Secretary Maria Cristina Aldeguer-Roque: of the Senate, DTI will continue to

2348
01:27:26,960 --> 01:27:29,040
DTI Secretary Maria Cristina Aldeguer-Roque: open more doors for

2349
01:27:29,040 --> 01:27:31,140
DTI Secretary Maria Cristina Aldeguer-Roque: Filipino businesses, help them succeed

2350
01:27:31,140 --> 01:27:32,860
DTI Secretary Maria Cristina Aldeguer-Roque: in domestic and global markets

2351
01:27:32,860 --> 01:27:35,020
DTI Secretary Maria Cristina Aldeguer-Roque: and ensure that the benefits of

2352
01:27:35,020 --> 01:27:36,660
DTI Secretary Maria Cristina Aldeguer-Roque: growth are felt by every Filipino.

2353
01:27:37,580 --> 01:27:39,140
DTI Secretary Maria Cristina Aldeguer-Roque: With the strong partnerships

2354
01:27:39,140 --> 01:27:41,160
DTI Secretary Maria Cristina Aldeguer-Roque: with private sector, we will continue

2355
01:27:41,160 --> 01:27:42,940
DTI Secretary Maria Cristina Aldeguer-Roque: to carry out our mandate with

2356
01:27:42,940 --> 01:27:45,000
DTI Secretary Maria Cristina Aldeguer-Roque: urgency, determination and purpose

2357
01:27:45,000 --> 01:27:46,620
DTI Secretary Maria Cristina Aldeguer-Roque: to build a more competitive,

2358
01:27:47,200 --> 01:27:48,900
DTI Secretary Maria Cristina Aldeguer-Roque: innovative and inclusive

2359
01:27:48,900 --> 01:27:51,360
DTI Secretary Maria Cristina Aldeguer-Roque: Philippine economy. Good afternoon

2360
01:27:51,360 --> 01:27:52,240
DTI Secretary Maria Cristina Aldeguer-Roque: Senator

2361
01:27:52,240 --> 01:27:54,700
DTI Secretary Maria Cristina Aldeguer-Roque: and Mr. Chair.

2362
01:27:54,700 --> 01:27:56,800
Senator Paolo Benigno "Bam" Aquino IV: Thank you very much, Secretary.

2363
01:27:56,960 --> 01:27:58,700
Senator Paolo Benigno "Bam" Aquino IV: So, thank you for your presentation.

2364
01:27:59,420 --> 01:28:01,180
Senator Paolo Benigno "Bam" Aquino IV: I've handled the DTI budget

2365
01:28:01,180 --> 01:28:02,360
Senator Paolo Benigno "Bam" Aquino IV: in the past and

2366
01:28:02,360 --> 01:28:03,500
Senator Paolo Benigno "Bam" Aquino IV: sabi ko nga,

2367
01:28:04,540 --> 01:28:07,120
Senator Paolo Benigno "Bam" Aquino IV: it's just too low, 10 billion.

2368
01:28:07,420 --> 01:28:08,840
Senator Paolo Benigno "Bam" Aquino IV: I'll be handling the

2369
01:28:08,840 --> 01:28:11,140
Senator Paolo Benigno "Bam" Aquino IV: DepEd budget in October. That's

2370
01:28:11,140 --> 01:28:11,600
Senator Paolo Benigno "Bam" Aquino IV: almost

2371
01:28:11,600 --> 01:28:14,780
Senator Paolo Benigno "Bam" Aquino IV: a trillion pesos, about

2372
01:28:14,780 --> 01:28:16,860
Senator Paolo Benigno "Bam" Aquino IV: 100 times your budget. So, we really need

2373
01:28:16,860 --> 01:28:18,500
Senator Paolo Benigno "Bam" Aquino IV: to increase your budget. But

2374
01:28:18,500 --> 01:28:20,820
Senator Paolo Benigno "Bam" Aquino IV: before we go there, maybe I have

2375
01:28:20,820 --> 01:28:23,040
Senator Paolo Benigno "Bam" Aquino IV: some questions that you can help us answer.

2376
01:28:23,840 --> 01:28:24,540
Senator Paolo Benigno "Bam" Aquino IV: So, unang una,

2377
01:28:24,540 --> 01:28:26,480
Senator Paolo Benigno "Bam" Aquino IV: we had talked offline

2378
01:28:26,960 --> 01:28:29,120
Senator Paolo Benigno "Bam" Aquino IV: about increasing the budget for investment

2379
01:28:29,120 --> 01:28:31,120
Senator Paolo Benigno "Bam" Aquino IV: promotion and trade fairs.

2380
01:28:31,120 --> 01:28:33,120
Senator Paolo Benigno "Bam" Aquino IV: So, if we were to increase

2381
01:28:33,120 --> 01:28:35,120
Senator Paolo Benigno "Bam" Aquino IV: that budget, where would it go?

2382
01:28:35,120 --> 01:28:37,120
Senator Paolo Benigno "Bam" Aquino IV: Could we flash

2383
01:28:37,120 --> 01:28:39,120
Senator Paolo Benigno "Bam" Aquino IV: the last slide, please?

2384
01:28:39,120 --> 01:28:43,120
Senator Paolo Benigno "Bam" Aquino IV: Osek, probably, no?

2385
01:28:43,120 --> 01:28:45,120
Senator Paolo Benigno "Bam" Aquino IV: Osek siya. Under what item

2386
01:28:45,120 --> 01:28:47,120
Senator Paolo Benigno "Bam" Aquino IV: would we augment if we were

2387
01:28:47,120 --> 01:28:49,120
Senator Paolo Benigno "Bam" Aquino IV: to promote or if we were to augment

2388
01:28:49,120 --> 01:28:51,120
Senator Paolo Benigno "Bam" Aquino IV: the budget for trade fairs?

2389
01:28:51,120 --> 01:28:53,120
DTI Secretary Maria Cristina Aldeguer-Roque: Export and investment

2390
01:28:53,120 --> 01:28:55,120
DTI Secretary Maria Cristina Aldeguer-Roque: promotions and then

2391
01:28:55,120 --> 01:28:56,460
DTI Secretary Maria Cristina Aldeguer-Roque: for the consumer.

2392
01:28:56,460 --> 01:29:02,540
DTI Secretary Maria Cristina Aldeguer-Roque: Osek funds, in general.

2393
01:29:04,460 --> 01:29:06,460
DTI Secretary Maria Cristina Aldeguer-Roque: Osek funds.

2394
01:29:06,460 --> 01:29:08,460
DTI Secretary Maria Cristina Aldeguer-Roque: We put it in the Osek

2395
01:29:08,460 --> 01:29:10,460
DTI Secretary Maria Cristina Aldeguer-Roque: funds here. Ito ba yan?

2396
01:29:10,460 --> 01:29:12,460
DTI Secretary Maria Cristina Aldeguer-Roque: Yes.

2397
01:29:12,460 --> 01:29:14,460
Senator Paolo Benigno "Bam" Aquino IV: We don't have a breakdown of the

2398
01:29:14,460 --> 01:29:16,460
Senator Paolo Benigno "Bam" Aquino IV: Osek funds, no? Yung MOUE.

2399
01:29:16,460 --> 01:29:18,460
Senator Paolo Benigno "Bam" Aquino IV: Is it there in the presentation?

2400
01:29:18,460 --> 01:29:20,460
Senator Paolo Benigno "Bam" Aquino IV: Kung wala,

2401
01:29:20,460 --> 01:29:22,460
Senator Paolo Benigno "Bam" Aquino IV: we can just take it offline before

2402
01:29:22,460 --> 01:29:24,460
Senator Paolo Benigno "Bam" Aquino IV: the plenary. But definitely,

2403
01:29:24,460 --> 01:29:26,460
Senator Paolo Benigno "Bam" Aquino IV: there is an item under Osek, which is a

2404
01:29:26,460 --> 01:29:28,460
Senator Paolo Benigno "Bam" Aquino IV: export and trade promotion.

2405
01:29:28,460 --> 01:29:30,460
DTI Secretary Maria Cristina Aldeguer-Roque: Investment promotion.

2406
01:29:30,460 --> 01:29:32,460
Senator Paolo Benigno "Bam" Aquino IV: Investment promotion. So, currently,

2407
01:29:32,460 --> 01:29:34,460
Senator Paolo Benigno "Bam" Aquino IV: how much money do we have

2408
01:29:34,460 --> 01:29:36,460
Senator Paolo Benigno "Bam" Aquino IV: for trade fairs,

2409
01:29:36,460 --> 01:29:38,460
Senator Paolo Benigno "Bam" Aquino IV: investment promotions?

2410
01:29:38,460 --> 01:29:40,460
Senator Paolo Benigno "Bam" Aquino IV: What's the current

2411
01:29:40,460 --> 01:29:42,460
Senator Paolo Benigno "Bam" Aquino IV: MOUE for that?

2412
01:29:42,460 --> 01:29:44,460
Senator Paolo Benigno "Bam" Aquino IV: Hindi naman pwede yung PS kasi

2413
01:29:44,460 --> 01:29:46,460
Senator Paolo Benigno "Bam" Aquino IV: that's plantilla, diba? But for the MOUE,

2414
01:29:46,460 --> 01:29:48,460
Senator Paolo Benigno "Bam" Aquino IV: do we have

2415
01:29:48,460 --> 01:29:50,460
Senator Paolo Benigno "Bam" Aquino IV: si Director Pearl can also

2416
01:29:50,460 --> 01:29:52,460
Senator Paolo Benigno "Bam" Aquino IV: be the one to answer kung gusto niya po.

2417
01:29:52,460 --> 01:29:54,460
Senator Paolo Benigno "Bam" Aquino IV: Okay.

2418
01:29:54,460 --> 01:29:56,460
DTI Secretary Maria Cristina Aldeguer-Roque: Sige, I'll have

2419
01:29:56,460 --> 01:29:58,460
DTI Secretary Maria Cristina Aldeguer-Roque: Director One.

2420
01:29:58,460 --> 01:30:00,460
Senator Paolo Benigno "Bam" Aquino IV: Sige, go ahead.

2421
01:30:03,300 --> 01:30:06,060
Senator Paolo Benigno "Bam" Aquino IV: Yes ma'am

2422
01:30:06,060 --> 01:30:07,360
DTI Finance Service Director Maria Asuncion H. Cruzada: Good afternoon senator

2423
01:30:07,360 --> 01:30:08,860
DTI Finance Service Director Maria Asuncion H. Cruzada: So for

2424
01:30:08,860 --> 01:30:11,540
DTI Finance Service Director Maria Asuncion H. Cruzada: For the OSEC proper

2425
01:30:11,540 --> 01:30:13,340
DTI Finance Service Director Maria Asuncion H. Cruzada: We have the

2426
01:30:13,340 --> 01:30:15,320
DTI Finance Service Director Maria Asuncion H. Cruzada: OO1 for exports

2427
01:30:15,320 --> 01:30:17,640
DTI Finance Service Director Maria Asuncion H. Cruzada: So we have right now a budget

2428
01:30:17,640 --> 01:30:18,220
DTI Finance Service Director Maria Asuncion H. Cruzada: Of

2429
01:30:18,220 --> 01:30:21,540
DTI Finance Service Director Maria Asuncion H. Cruzada: 997.3 million

2430
01:30:21,540 --> 01:30:23,960
DTI Finance Service Director Maria Asuncion H. Cruzada: For 2026

2431
01:30:23,960 --> 01:30:25,900
DTI Finance Service Director Maria Asuncion H. Cruzada: But it was reduced

2432
01:30:25,900 --> 01:30:27,600
DTI Finance Service Director Maria Asuncion H. Cruzada: Under the 2027

2433
01:30:27,600 --> 01:30:28,520
DTI Finance Service Director Maria Asuncion H. Cruzada: For 997

2434
01:30:28,520 --> 01:30:31,200
DTI Finance Service Director Maria Asuncion H. Cruzada: For the trade fairs

2435
01:30:31,200 --> 01:30:32,480
Senator Paolo Benigno "Bam" Aquino IV: Is it under that?

2436
01:30:33,480 --> 01:30:33,940
DTI Finance Service Director Maria Asuncion H. Cruzada: It's under

2437
01:30:33,940 --> 01:30:38,300
DTI Finance Service Director Maria Asuncion H. Cruzada: MSME development

2438
01:30:38,300 --> 01:30:39,680
Senator Paolo Benigno "Bam" Aquino IV: Do you differentiate

2439
01:30:39,680 --> 01:30:40,840
Senator Paolo Benigno "Bam" Aquino IV: Yung local trade fair

2440
01:30:40,840 --> 01:30:42,140
Senator Paolo Benigno "Bam" Aquino IV: Tsaka international trade fair?

2441
01:30:42,480 --> 01:30:44,700
Senator Paolo Benigno "Bam" Aquino IV: Or basta trade fair is under MSME development?

2442
01:30:45,700 --> 01:30:46,720
DTI Finance Service Director Maria Asuncion H. Cruzada: So no po

2443
01:30:46,720 --> 01:30:49,620
DTI Finance Service Director Maria Asuncion H. Cruzada: The local trade fairs

2444
01:30:49,620 --> 01:30:51,160
DTI Finance Service Director Maria Asuncion H. Cruzada: Is under the MSME development

2445
01:30:51,160 --> 01:30:53,580
DTI Finance Service Director Maria Asuncion H. Cruzada: But for international trade fairs

2446
01:30:53,580 --> 01:30:55,140
DTI Finance Service Director Maria Asuncion H. Cruzada: Usually our SITEM

2447
01:30:55,140 --> 01:30:56,180
DTI Finance Service Director Maria Asuncion H. Cruzada: Are the ones handling

2448
01:30:56,180 --> 01:30:57,980
Senator Paolo Benigno "Bam" Aquino IV: So it's the budgets with SITEM

2449
01:30:57,980 --> 01:30:58,900
Senator Paolo Benigno "Bam" Aquino IV: Okay

2450
01:30:58,900 --> 01:31:00,140
DTI Secretary Maria Cristina Aldeguer-Roque: No senator

2451
01:31:00,140 --> 01:31:01,200
DTI Secretary Maria Cristina Aldeguer-Roque: No not all

2452
01:31:01,200 --> 01:31:04,080
DTI Secretary Maria Cristina Aldeguer-Roque: EMB has their own trade fairs

2453
01:31:04,080 --> 01:31:04,920
DTI Secretary Maria Cristina Aldeguer-Roque: Which is 20

2454
01:31:04,920 --> 01:31:06,260
DTI Secretary Maria Cristina Aldeguer-Roque: And then si SITEM

2455
01:31:06,260 --> 01:31:07,240
DTI Secretary Maria Cristina Aldeguer-Roque: Meron din silang

2456
01:31:07,240 --> 01:31:09,680
DTI Secretary Maria Cristina Aldeguer-Roque: Meron din sariling trade fair

2457
01:31:09,680 --> 01:31:12,080
DTI Secretary Maria Cristina Aldeguer-Roque: So for the budget of

2458
01:31:12,080 --> 01:31:13,140
DTI Secretary Maria Cristina Aldeguer-Roque: The 900

2459
01:31:13,140 --> 01:31:15,380
DTI Secretary Maria Cristina Aldeguer-Roque: Ang kasama dun po

2460
01:31:15,380 --> 01:31:17,980
DTI Secretary Maria Cristina Aldeguer-Roque: Is the 20 international trade fair

2461
01:31:17,980 --> 01:31:20,200
DTI Secretary Maria Cristina Aldeguer-Roque: So we want sana to join

2462
01:31:20,200 --> 01:31:21,380
DTI Secretary Maria Cristina Aldeguer-Roque: More trade fairs

2463
01:31:21,380 --> 01:31:22,320
DTI Secretary Maria Cristina Aldeguer-Roque: So that we can

2464
01:31:22,320 --> 01:31:23,980
Senator Paolo Benigno "Bam" Aquino IV: That's under OO1

2465
01:31:23,980 --> 01:31:25,440
Senator Paolo Benigno "Bam" Aquino IV: Yes

2466
01:31:25,440 --> 01:31:26,380
Senator Paolo Benigno "Bam" Aquino IV: Di naman zero yan

2467
01:31:26,380 --> 01:31:27,360
Senator Paolo Benigno "Bam" Aquino IV: OO1 yan diba?

2468
01:31:27,660 --> 01:31:27,820
Senator Paolo Benigno "Bam" Aquino IV: OO1?

2469
01:31:27,820 --> 01:31:27,940
Senator Paolo Benigno "Bam" Aquino IV: OO1?

2470
01:31:27,980 --> 01:31:29,680
Senator Paolo Benigno "Bam" Aquino IV: That's what you're referring to

2471
01:31:29,680 --> 01:31:30,480
Senator Paolo Benigno "Bam" Aquino IV: Secretary Roque

2472
01:31:30,480 --> 01:31:31,940
Senator Paolo Benigno "Bam" Aquino IV: Yes

2473
01:31:31,940 --> 01:31:32,680
Senator Paolo Benigno "Bam" Aquino IV: Okay

2474
01:31:32,680 --> 01:31:34,900
Senator Paolo Benigno "Bam" Aquino IV: So for everyone's information

2475
01:31:34,900 --> 01:31:36,280
Senator Paolo Benigno "Bam" Aquino IV: We also

2476
01:31:36,280 --> 01:31:39,540
Senator Paolo Benigno "Bam" Aquino IV: We've also filed a bill

2477
01:31:39,540 --> 01:31:42,160
Senator Paolo Benigno "Bam" Aquino IV: On creating a

2478
01:31:42,160 --> 01:31:44,400
Senator Paolo Benigno "Bam" Aquino IV: Philippine agency for the creative economy

2479
01:31:44,400 --> 01:31:45,340
Senator Paolo Benigno "Bam" Aquino IV: Which can be

2480
01:31:45,340 --> 01:31:48,060
Senator Paolo Benigno "Bam" Aquino IV: Which can give arms and legs to the

2481
01:31:48,060 --> 01:31:49,920
Senator Paolo Benigno "Bam" Aquino IV: To the council

2482
01:31:49,920 --> 01:31:51,360
Senator Paolo Benigno "Bam" Aquino IV: That was created previously

2483
01:31:51,360 --> 01:31:53,920
Senator Paolo Benigno "Bam" Aquino IV: And the idea there is that

2484
01:31:53,920 --> 01:31:56,000
Senator Paolo Benigno "Bam" Aquino IV: Similar to what Korea does

2485
01:31:56,000 --> 01:31:56,700
Senator Paolo Benigno "Bam" Aquino IV: With their COCA

2486
01:31:56,700 --> 01:31:57,900
Senator Paolo Benigno "Bam" Aquino IV: Is we have an agency

2487
01:31:57,980 --> 01:31:59,180
Senator Paolo Benigno "Bam" Aquino IV: That supports

2488
01:31:59,180 --> 01:32:01,000
Senator Paolo Benigno "Bam" Aquino IV: The creative economy abroad

2489
01:32:01,000 --> 01:32:03,260
Senator Paolo Benigno "Bam" Aquino IV: So we just use the term

2490
01:32:03,260 --> 01:32:04,920
Senator Paolo Benigno "Bam" Aquino IV: Trade fair loosely

2491
01:32:04,920 --> 01:32:06,140
Senator Paolo Benigno "Bam" Aquino IV: It could actually be a fair

2492
01:32:06,140 --> 01:32:08,480
Senator Paolo Benigno "Bam" Aquino IV: It could be other market opportunities

2493
01:32:08,480 --> 01:32:09,700
Senator Paolo Benigno "Bam" Aquino IV: For our creative economy

2494
01:32:09,700 --> 01:32:11,440
Senator Paolo Benigno "Bam" Aquino IV: So we're supporting that here

2495
01:32:11,440 --> 01:32:13,180
Senator Paolo Benigno "Bam" Aquino IV: Secretary Roque is also very supportive

2496
01:32:13,180 --> 01:32:15,280
Senator Paolo Benigno "Bam" Aquino IV: But of course as you know

2497
01:32:15,280 --> 01:32:17,700
Senator Paolo Benigno "Bam" Aquino IV: A bill will probably take a year to pass

2498
01:32:17,700 --> 01:32:18,840
Senator Paolo Benigno "Bam" Aquino IV: And to get implemented

2499
01:32:18,840 --> 01:32:21,160
Senator Paolo Benigno "Bam" Aquino IV: But maybe we can start already

2500
01:32:21,160 --> 01:32:23,740
Senator Paolo Benigno "Bam" Aquino IV: By augmenting certain budgets

2501
01:32:23,740 --> 01:32:26,160
Senator Paolo Benigno "Bam" Aquino IV: To be able to create some space

2502
01:32:26,160 --> 01:32:27,260
Senator Paolo Benigno "Bam" Aquino IV: Some fiscal space

2503
01:32:27,260 --> 01:32:27,820
Senator Paolo Benigno "Bam" Aquino IV: For

2504
01:32:27,820 --> 01:32:29,300
Senator Paolo Benigno "Bam" Aquino IV: Filipino artists

2505
01:32:29,300 --> 01:32:30,380
Senator Paolo Benigno "Bam" Aquino IV: Or creatives

2506
01:32:30,380 --> 01:32:31,560
Senator Paolo Benigno "Bam" Aquino IV: As they go abroad

2507
01:32:31,560 --> 01:32:33,260
Senator Paolo Benigno "Bam" Aquino IV: So we're very interested

2508
01:32:33,260 --> 01:32:34,260
Senator Paolo Benigno "Bam" Aquino IV: To support that

2509
01:32:34,260 --> 01:32:36,380
Senator Paolo Benigno "Bam" Aquino IV: To see where it's in the current

2510
01:32:36,380 --> 01:32:37,380
Senator Paolo Benigno "Bam" Aquino IV: Setup

2511
01:32:37,380 --> 01:32:38,600
Senator Paolo Benigno "Bam" Aquino IV: And if need be

2512
01:32:38,600 --> 01:32:39,620
Senator Paolo Benigno "Bam" Aquino IV: To augment it further

2513
01:32:39,620 --> 01:32:42,440
Senator Paolo Benigno "Bam" Aquino IV: So

2514
01:32:42,440 --> 01:32:44,640
Senator Paolo Benigno "Bam" Aquino IV: We can just talk

2515
01:32:44,640 --> 01:32:47,600
Senator Paolo Benigno "Bam" Aquino IV: Separately

2516
01:32:47,600 --> 01:32:48,140
Senator Paolo Benigno "Bam" Aquino IV: Siguro

2517
01:32:48,140 --> 01:32:49,680
Senator Paolo Benigno "Bam" Aquino IV: SITEM I think supports

2518
01:32:49,680 --> 01:32:50,560
Senator Paolo Benigno "Bam" Aquino IV: With the booths

2519
01:32:50,560 --> 01:32:50,740
Senator Paolo Benigno "Bam" Aquino IV: Diba

2520
01:32:50,740 --> 01:32:52,040
Senator Paolo Benigno "Bam" Aquino IV: But this is

2521
01:32:52,040 --> 01:32:53,220
Senator Paolo Benigno "Bam" Aquino IV: Not necessarily

2522
01:32:53,220 --> 01:32:55,260
Senator Paolo Benigno "Bam" Aquino IV: Strictly a trade fair

2523
01:32:55,260 --> 01:32:57,340
Senator Paolo Benigno "Bam" Aquino IV: But exploring other opportunities

2524
01:32:57,340 --> 01:32:57,800
Senator Paolo Benigno "Bam" Aquino IV: For

2525
01:32:57,820 --> 01:32:59,100
Senator Paolo Benigno "Bam" Aquino IV: Philippine products

2526
01:32:59,100 --> 01:33:00,560
Senator Paolo Benigno "Bam" Aquino IV: And artists also

2527
01:33:00,560 --> 01:33:02,740
Senator Paolo Benigno "Bam" Aquino IV: I know that the creative economy

2528
01:33:02,740 --> 01:33:03,560
Senator Paolo Benigno "Bam" Aquino IV: Is also a pillar

2529
01:33:03,560 --> 01:33:04,900
Senator Paolo Benigno "Bam" Aquino IV: Diba that we want to pursue

2530
01:33:04,900 --> 01:33:07,500
Senator Paolo Benigno "Bam" Aquino IV: So we can talk offline na lang

2531
01:33:07,500 --> 01:33:09,080
Senator Paolo Benigno "Bam" Aquino IV: On where to put it

2532
01:33:09,080 --> 01:33:10,540
Senator Paolo Benigno "Bam" Aquino IV: If we were to support this

2533
01:33:10,540 --> 01:33:12,920
Senator Paolo Benigno "Bam" Aquino IV: Before the law is passed

2534
01:33:12,920 --> 01:33:14,660
Senator Paolo Benigno "Bam" Aquino IV: So I'm assuming we can get this passed

2535
01:33:14,660 --> 01:33:15,300
Senator Paolo Benigno "Bam" Aquino IV: Next year

2536
01:33:15,300 --> 01:33:17,140
Senator Paolo Benigno "Bam" Aquino IV: So even before that

2537
01:33:17,140 --> 01:33:18,900
Senator Paolo Benigno "Bam" Aquino IV: Baka we can already start supporting

2538
01:33:18,900 --> 01:33:20,680
Senator Paolo Benigno "Bam" Aquino IV: Our artists and creatives

2539
01:33:20,680 --> 01:33:24,200
Senator Paolo Benigno "Bam" Aquino IV: But off the top of your head

2540
01:33:24,200 --> 01:33:24,740
Senator Paolo Benigno "Bam" Aquino IV: Secretary

2541
01:33:24,740 --> 01:33:27,220
Senator Paolo Benigno "Bam" Aquino IV: Where would it be good to augment

2542
01:33:27,220 --> 01:33:27,800
Senator Paolo Benigno "Bam" Aquino IV: With science?

2543
01:33:27,820 --> 01:33:28,200
Senator Paolo Benigno "Bam" Aquino IV: With SITEM

2544
01:33:28,200 --> 01:33:29,360
Senator Paolo Benigno "Bam" Aquino IV: Or with OO1

2545
01:33:29,360 --> 01:33:30,260
Senator Paolo Benigno "Bam" Aquino IV: Or with OO3

2546
01:33:30,260 --> 01:33:32,040
Senator Paolo Benigno "Bam" Aquino IV: If the goal is to support

2547
01:33:32,040 --> 01:33:36,100
Senator Paolo Benigno "Bam" Aquino IV: And their

2548
01:33:36,100 --> 01:33:38,100
Senator Paolo Benigno "Bam" Aquino IV: Their introduction

2549
01:33:38,100 --> 01:33:39,660
Senator Paolo Benigno "Bam" Aquino IV: Or their support for them

2550
01:33:39,660 --> 01:33:40,620
Senator Paolo Benigno "Bam" Aquino IV: As they go global

2551
01:33:40,620 --> 01:33:43,040
Senator Paolo Benigno "Bam" Aquino IV: So where could we put it po kaya?

2552
01:33:44,040 --> 01:33:45,220
DTI Secretary Maria Cristina Aldeguer-Roque: Thank you for that

2553
01:33:45,220 --> 01:33:46,080
DTI Secretary Maria Cristina Aldeguer-Roque: Honorable Senator

2554
01:33:46,080 --> 01:33:47,120
DTI Secretary Maria Cristina Aldeguer-Roque: Actually

2555
01:33:47,120 --> 01:33:48,780
DTI Secretary Maria Cristina Aldeguer-Roque: In OO1

2556
01:33:48,780 --> 01:33:49,560
DTI Secretary Maria Cristina Aldeguer-Roque: Because

2557
01:33:49,560 --> 01:33:51,360
DTI Secretary Maria Cristina Aldeguer-Roque: Hawak ng DTI

2558
01:33:51,360 --> 01:33:52,980
DTI Secretary Maria Cristina Aldeguer-Roque: So when we promote the products

2559
01:33:52,980 --> 01:33:53,980
DTI Secretary Maria Cristina Aldeguer-Roque: We can also promote

2560
01:33:53,980 --> 01:33:55,140
DTI Secretary Maria Cristina Aldeguer-Roque: The creative economy

2561
01:33:55,140 --> 01:33:56,780
DTI Secretary Maria Cristina Aldeguer-Roque: International

2562
01:33:56,780 --> 01:33:57,460
DTI Secretary Maria Cristina Aldeguer-Roque: Kasi now

2563
01:33:57,460 --> 01:33:58,880
DTI Secretary Maria Cristina Aldeguer-Roque: The budget given to us

2564
01:33:58,880 --> 01:33:59,720
DTI Secretary Maria Cristina Aldeguer-Roque: Is 50 million

2565
01:33:59,720 --> 01:34:00,980
DTI Secretary Maria Cristina Aldeguer-Roque: For the creative industry

2566
01:34:00,980 --> 01:34:01,380
DTI Secretary Maria Cristina Aldeguer-Roque: So

2567
01:34:01,380 --> 01:34:03,340
DTI Secretary Maria Cristina Aldeguer-Roque: Yes

2568
01:34:03,340 --> 01:34:04,320
Senator Paolo Benigno "Bam" Aquino IV: We need to augment that

2569
01:34:04,320 --> 01:34:06,220
Senator Paolo Benigno "Bam" Aquino IV: So the idea po dyan

2570
01:34:06,220 --> 01:34:07,320
Senator Paolo Benigno "Bam" Aquino IV: If I may just share

2571
01:34:07,320 --> 01:34:08,280
Senator Paolo Benigno "Bam" Aquino IV: And

2572
01:34:08,280 --> 01:34:09,980
Senator Paolo Benigno "Bam" Aquino IV: Obviously when we have the hearings

2573
01:34:09,980 --> 01:34:11,240
Senator Paolo Benigno "Bam" Aquino IV: DTI will be

2574
01:34:11,240 --> 01:34:12,220
Senator Paolo Benigno "Bam" Aquino IV: Will be there

2575
01:34:12,220 --> 01:34:13,620
Senator Paolo Benigno "Bam" Aquino IV: Because it will be an attached

2576
01:34:13,620 --> 01:34:14,820
Senator Paolo Benigno "Bam" Aquino IV: Agency to DTI

2577
01:34:14,820 --> 01:34:15,920
Senator Paolo Benigno "Bam" Aquino IV: So again

2578
01:34:15,920 --> 01:34:16,800
Senator Paolo Benigno "Bam" Aquino IV: The idea is

2579
01:34:16,800 --> 01:34:18,160
Senator Paolo Benigno "Bam" Aquino IV: To have

2580
01:34:18,160 --> 01:34:19,800
Senator Paolo Benigno "Bam" Aquino IV: A similar agency

2581
01:34:19,800 --> 01:34:20,500
Senator Paolo Benigno "Bam" Aquino IV: To what

2582
01:34:20,500 --> 01:34:22,080
Senator Paolo Benigno "Bam" Aquino IV: Korea had

2583
01:34:22,080 --> 01:34:23,220
Senator Paolo Benigno "Bam" Aquino IV: Which is KOKA

2584
01:34:23,220 --> 01:34:24,340
Senator Paolo Benigno "Bam" Aquino IV: Which is the

2585
01:34:24,340 --> 01:34:26,040
Senator Paolo Benigno "Bam" Aquino IV: Korean Creative Content Agency

2586
01:34:26,040 --> 01:34:27,440
Senator Paolo Benigno "Bam" Aquino IV: This is a

2587
01:34:27,460 --> 01:34:28,080
Senator Paolo Benigno "Bam" Aquino IV: This agency

2588
01:34:28,080 --> 01:34:29,620
Senator Paolo Benigno "Bam" Aquino IV: Many many years ago

2589
01:34:29,620 --> 01:34:30,460
Senator Paolo Benigno "Bam" Aquino IV: Like decades ago

2590
01:34:30,460 --> 01:34:31,740
Senator Paolo Benigno "Bam" Aquino IV: Started really

2591
01:34:31,740 --> 01:34:33,340
Senator Paolo Benigno "Bam" Aquino IV: Identifying

2592
01:34:33,340 --> 01:34:34,720
Senator Paolo Benigno "Bam" Aquino IV: Where the

2593
01:34:34,720 --> 01:34:36,160
Senator Paolo Benigno "Bam" Aquino IV: Korean creative

2594
01:34:36,160 --> 01:34:37,980
Senator Paolo Benigno "Bam" Aquino IV: Economy

2595
01:34:37,980 --> 01:34:38,720
Senator Paolo Benigno "Bam" Aquino IV: Could go

2596
01:34:38,720 --> 01:34:40,120
Senator Paolo Benigno "Bam" Aquino IV: And they identified

2597
01:34:40,120 --> 01:34:40,740
Senator Paolo Benigno "Bam" Aquino IV: The

2598
01:34:40,740 --> 01:34:41,600
Senator Paolo Benigno "Bam" Aquino IV: K-pop

2599
01:34:41,600 --> 01:34:43,100
Senator Paolo Benigno "Bam" Aquino IV: Korean novellas

2600
01:34:43,100 --> 01:34:44,940
Senator Paolo Benigno "Bam" Aquino IV: And even until today

2601
01:34:44,940 --> 01:34:45,960
Senator Paolo Benigno "Bam" Aquino IV: When they

2602
01:34:45,960 --> 01:34:47,460
Senator Paolo Benigno "Bam" Aquino IV: Quote unquote

2603
01:34:47,460 --> 01:34:48,120
Senator Paolo Benigno "Bam" Aquino IV: Export

2604
01:34:48,120 --> 01:34:49,360
Senator Paolo Benigno "Bam" Aquino IV: Their creative

2605
01:34:49,360 --> 01:34:52,140
Senator Paolo Benigno "Bam" Aquino IV: Their creative economy

2606
01:34:52,140 --> 01:34:54,520
Senator Paolo Benigno "Bam" Aquino IV: That agency is behind everything

2607
01:34:54,520 --> 01:34:55,180
Senator Paolo Benigno "Bam" Aquino IV: And

2608
01:34:55,180 --> 01:34:57,160
Senator Paolo Benigno "Bam" Aquino IV: They've created

2609
01:34:57,160 --> 01:34:57,820
Senator Paolo Benigno "Bam" Aquino IV: Inroads

2610
01:34:57,820 --> 01:35:00,100
Senator Paolo Benigno "Bam" Aquino IV: In terms of market opportunities abroad

2611
01:35:00,100 --> 01:35:02,000
Senator Paolo Benigno "Bam" Aquino IV: But they've also organized

2612
01:35:02,000 --> 01:35:03,940
Senator Paolo Benigno "Bam" Aquino IV: Their creative economy

2613
01:35:03,940 --> 01:35:06,440
Senator Paolo Benigno "Bam" Aquino IV: To focus on certain things also

2614
01:35:06,440 --> 01:35:06,940
Senator Paolo Benigno "Bam" Aquino IV: Para

2615
01:35:06,940 --> 01:35:08,480
Senator Paolo Benigno "Bam" Aquino IV: May efficiency rin sila

2616
01:35:08,480 --> 01:35:09,960
Senator Paolo Benigno "Bam" Aquino IV: And I remember

2617
01:35:09,960 --> 01:35:11,320
Senator Paolo Benigno "Bam" Aquino IV: Before joining politics

2618
01:35:11,320 --> 01:35:12,160
Senator Paolo Benigno "Bam" Aquino IV: This was probably

2619
01:35:12,160 --> 01:35:15,520
Senator Paolo Benigno "Bam" Aquino IV: 2012 or 2011

2620
01:35:15,520 --> 01:35:17,580
Senator Paolo Benigno "Bam" Aquino IV: I was in an international forum

2621
01:35:17,580 --> 01:35:20,160
Senator Paolo Benigno "Bam" Aquino IV: Where the Korean Prime Minister

2622
01:35:20,160 --> 01:35:21,020
Senator Paolo Benigno "Bam" Aquino IV: At that time

2623
01:35:21,020 --> 01:35:22,620
Senator Paolo Benigno "Bam" Aquino IV: Talked about how

2624
01:35:22,620 --> 01:35:23,600
Senator Paolo Benigno "Bam" Aquino IV: The creative economy

2625
01:35:23,600 --> 01:35:24,540
Senator Paolo Benigno "Bam" Aquino IV: Was one of their pillars

2626
01:35:24,540 --> 01:35:26,040
Senator Paolo Benigno "Bam" Aquino IV: How they created this agency

2627
01:35:26,040 --> 01:35:26,940
Senator Paolo Benigno "Bam" Aquino IV: To support that

2628
01:35:27,160 --> 01:35:28,700
Senator Paolo Benigno "Bam" Aquino IV: And lo and behold

2629
01:35:28,700 --> 01:35:30,420
Senator Paolo Benigno "Bam" Aquino IV: 14 years later

2630
01:35:30,420 --> 01:35:31,340
Senator Paolo Benigno "Bam" Aquino IV: You've got

2631
01:35:31,340 --> 01:35:32,560
Senator Paolo Benigno "Bam" Aquino IV: K-pop

2632
01:35:32,560 --> 01:35:33,800
Senator Paolo Benigno "Bam" Aquino IV: The Korean novellas

2633
01:35:33,800 --> 01:35:34,360
Senator Paolo Benigno "Bam" Aquino IV: And all of that

2634
01:35:34,360 --> 01:35:34,600
Senator Paolo Benigno "Bam" Aquino IV: So

2635
01:35:34,600 --> 01:35:35,580
Senator Paolo Benigno "Bam" Aquino IV: Hindi yun luck

2636
01:35:35,580 --> 01:35:36,460
Senator Paolo Benigno "Bam" Aquino IV: They really

2637
01:35:36,460 --> 01:35:37,600
Senator Paolo Benigno "Bam" Aquino IV: Programmed it

2638
01:35:37,600 --> 01:35:38,220
Senator Paolo Benigno "Bam" Aquino IV: They

2639
01:35:38,220 --> 01:35:39,640
Senator Paolo Benigno "Bam" Aquino IV: They planned for it

2640
01:35:39,640 --> 01:35:40,700
Senator Paolo Benigno "Bam" Aquino IV: They supported it

2641
01:35:40,700 --> 01:35:41,720
Senator Paolo Benigno "Bam" Aquino IV: And now

2642
01:35:41,720 --> 01:35:42,780
Senator Paolo Benigno "Bam" Aquino IV: It's such a huge part

2643
01:35:42,780 --> 01:35:43,320
Senator Paolo Benigno "Bam" Aquino IV: Of their

2644
01:35:43,320 --> 01:35:44,040
Senator Paolo Benigno "Bam" Aquino IV: Economy

2645
01:35:44,040 --> 01:35:45,920
Senator Paolo Benigno "Bam" Aquino IV: So we want to say

2646
01:35:45,920 --> 01:35:46,740
Senator Paolo Benigno "Bam" Aquino IV: Something similar

2647
01:35:46,740 --> 01:35:47,380
Senator Paolo Benigno "Bam" Aquino IV: Initially

2648
01:35:47,380 --> 01:35:48,640
Senator Paolo Benigno "Bam" Aquino IV: It can still be changed

2649
01:35:48,640 --> 01:35:50,040
Senator Paolo Benigno "Bam" Aquino IV: But the idea that we had

2650
01:35:50,040 --> 01:35:50,340
Senator Paolo Benigno "Bam" Aquino IV: Was

2651
01:35:50,340 --> 01:35:51,280
Senator Paolo Benigno "Bam" Aquino IV: To create

2652
01:35:51,280 --> 01:35:51,840
Senator Paolo Benigno "Bam" Aquino IV: PACE

2653
01:35:51,840 --> 01:35:52,960
Senator Paolo Benigno "Bam" Aquino IV: The Philippine Agency

2654
01:35:52,960 --> 01:35:54,120
Senator Paolo Benigno "Bam" Aquino IV: For the Creative Economy

2655
01:35:54,120 --> 01:35:55,720
Senator Paolo Benigno "Bam" Aquino IV: I know that there's

2656
01:35:55,720 --> 01:35:56,940
Senator Paolo Benigno "Bam" Aquino IV: A Creative Economy Council

2657
01:35:56,940 --> 01:35:57,380
Senator Paolo Benigno "Bam" Aquino IV: Already

2658
01:35:57,380 --> 01:35:59,020
Senator Paolo Benigno "Bam" Aquino IV: And the Council

2659
01:35:59,020 --> 01:35:59,700
Senator Paolo Benigno "Bam" Aquino IV: I think is

2660
01:35:59,700 --> 01:36:01,100
Senator Paolo Benigno "Bam" Aquino IV: Very top level

2661
01:36:01,100 --> 01:36:02,160
Senator Paolo Benigno "Bam" Aquino IV: So maganda

2662
01:36:02,160 --> 01:36:03,240
Senator Paolo Benigno "Bam" Aquino IV: To have arms and legs

2663
01:36:03,240 --> 01:36:04,180
Senator Paolo Benigno "Bam" Aquino IV: To this agency

2664
01:36:04,180 --> 01:36:05,160
Senator Paolo Benigno "Bam" Aquino IV: And

2665
01:36:05,160 --> 01:36:07,280
Senator Paolo Benigno "Bam" Aquino IV: We're hoping that

2666
01:36:07,280 --> 01:36:09,240
Senator Paolo Benigno "Bam" Aquino IV: Next year

2667
01:36:09,240 --> 01:36:09,980
Senator Paolo Benigno "Bam" Aquino IV: We can probably

2668
01:36:09,980 --> 01:36:10,760
Senator Paolo Benigno "Bam" Aquino IV: Tackle this

2669
01:36:10,760 --> 01:36:11,520
Senator Paolo Benigno "Bam" Aquino IV: But

2670
01:36:11,520 --> 01:36:12,600
Senator Paolo Benigno "Bam" Aquino IV: As of today

2671
01:36:12,600 --> 01:36:13,940
Senator Paolo Benigno "Bam" Aquino IV: Or as of next year's budget

2672
01:36:13,940 --> 01:36:14,920
Senator Paolo Benigno "Bam" Aquino IV: Baka we can already

2673
01:36:14,920 --> 01:36:15,920
Senator Paolo Benigno "Bam" Aquino IV: Start supporting

2674
01:36:15,920 --> 01:36:17,960
Senator Paolo Benigno "Bam" Aquino IV: Our creative economy

2675
01:36:17,960 --> 01:36:19,540
Senator Paolo Benigno "Bam" Aquino IV: In the global scene

2676
01:36:19,540 --> 01:36:20,640
Senator Paolo Benigno "Bam" Aquino IV: So actually

2677
01:36:20,640 --> 01:36:21,760
Senator Paolo Benigno "Bam" Aquino IV: Even this week

2678
01:36:21,760 --> 01:36:22,520
Senator Paolo Benigno "Bam" Aquino IV: We've got

2679
01:36:22,520 --> 01:36:24,140
Senator Paolo Benigno "Bam" Aquino IV: SB19

2680
01:36:24,140 --> 01:36:24,860
Senator Paolo Benigno "Bam" Aquino IV: Beanie

2681
01:36:24,860 --> 01:36:25,960
Senator Paolo Benigno "Bam" Aquino IV: Forgotten Island

2682
01:36:25,960 --> 01:36:26,920
Senator Paolo Benigno "Bam" Aquino IV: So much Ube

2683
01:36:26,920 --> 01:36:28,140
Senator Paolo Benigno "Bam" Aquino IV: Everywhere in the world

2684
01:36:28,140 --> 01:36:28,880
Senator Paolo Benigno "Bam" Aquino IV: Parang

2685
01:36:28,880 --> 01:36:30,340
Senator Paolo Benigno "Bam" Aquino IV: So many opportunities

2686
01:36:30,340 --> 01:36:31,720
Senator Paolo Benigno "Bam" Aquino IV: To promote

2687
01:36:31,720 --> 01:36:32,700
Senator Paolo Benigno "Bam" Aquino IV: Our products

2688
01:36:32,700 --> 01:36:33,300
Senator Paolo Benigno "Bam" Aquino IV: Our culture

2689
01:36:33,300 --> 01:36:34,140
Senator Paolo Benigno "Bam" Aquino IV: Our creatives

2690
01:36:34,140 --> 01:36:35,020
Senator Paolo Benigno "Bam" Aquino IV: And

2691
01:36:35,020 --> 01:36:36,280
Senator Paolo Benigno "Bam" Aquino IV: To be honest

2692
01:36:36,280 --> 01:36:37,380
Senator Paolo Benigno "Bam" Aquino IV: Many of these artists

2693
01:36:37,380 --> 01:36:37,960
Senator Paolo Benigno "Bam" Aquino IV: Who of course

2694
01:36:37,960 --> 01:36:39,260
Senator Paolo Benigno "Bam" Aquino IV: Come to our office also

2695
01:36:39,260 --> 01:36:40,620
Senator Paolo Benigno "Bam" Aquino IV: Yung pakiramdam nila

2696
01:36:40,620 --> 01:36:41,860
Senator Paolo Benigno "Bam" Aquino IV: Is that when they go abroad

2697
01:36:41,860 --> 01:36:42,820
Senator Paolo Benigno "Bam" Aquino IV: They're on their own

2698
01:36:42,820 --> 01:36:44,960
Senator Paolo Benigno "Bam" Aquino IV: Walang sumusuporta

2699
01:36:44,960 --> 01:36:46,280
Senator Paolo Benigno "Bam" Aquino IV: Wala silang matawagan

2700
01:36:46,280 --> 01:36:47,040
Senator Paolo Benigno "Bam" Aquino IV: Kung may mangyaring

2701
01:36:47,040 --> 01:36:47,540
Senator Paolo Benigno "Bam" Aquino IV: Masama

2702
01:36:47,540 --> 01:36:48,520
Senator Paolo Benigno "Bam" Aquino IV: And

2703
01:36:48,520 --> 01:36:50,160
Senator Paolo Benigno "Bam" Aquino IV: There's so much opportunity

2704
01:36:50,160 --> 01:36:51,380
Senator Paolo Benigno "Bam" Aquino IV: That we can do together

2705
01:36:51,380 --> 01:36:52,420
Senator Paolo Benigno "Bam" Aquino IV: And again

2706
01:36:52,420 --> 01:36:53,180
Senator Paolo Benigno "Bam" Aquino IV: The Secretary and I

2707
01:36:53,180 --> 01:36:54,000
Senator Paolo Benigno "Bam" Aquino IV: Have talked offline

2708
01:36:54,000 --> 01:36:54,860
Senator Paolo Benigno "Bam" Aquino IV: That this is something

2709
01:36:54,860 --> 01:36:55,700
Senator Paolo Benigno "Bam" Aquino IV: We can pursue

2710
01:36:55,700 --> 01:36:56,680
Senator Paolo Benigno "Bam" Aquino IV: Moving forward

2711
01:36:56,920 --> 01:36:57,660
Senator Paolo Benigno "Bam" Aquino IV: So

2712
01:36:57,660 --> 01:36:59,800
Senator Paolo Benigno "Bam" Aquino IV: We have the beginnings

2713
01:36:59,800 --> 01:37:00,820
Senator Paolo Benigno "Bam" Aquino IV: Of that with the bill

2714
01:37:00,820 --> 01:37:01,700
Senator Paolo Benigno "Bam" Aquino IV: But

2715
01:37:01,700 --> 01:37:02,820
Senator Paolo Benigno "Bam" Aquino IV: Hopefully

2716
01:37:02,820 --> 01:37:03,800
Senator Paolo Benigno "Bam" Aquino IV: We can see something

2717
01:37:03,800 --> 01:37:04,820
Senator Paolo Benigno "Bam" Aquino IV: Already in the budget

2718
01:37:04,820 --> 01:37:05,560
Senator Paolo Benigno "Bam" Aquino IV: Next year

2719
01:37:05,560 --> 01:37:07,060
Senator Paolo Benigno "Bam" Aquino IV: So that's my first agenda

2720
01:37:07,060 --> 01:37:08,560
Senator Paolo Benigno "Bam" Aquino IV: Second agenda

2721
01:37:08,560 --> 01:37:10,560
Senator Paolo Benigno "Bam" Aquino IV: MSMEs

2722
01:37:10,560 --> 01:37:11,320
Senator Paolo Benigno "Bam" Aquino IV: So

2723
01:37:11,320 --> 01:37:12,680
Senator Paolo Benigno "Bam" Aquino IV: As many of you know

2724
01:37:12,680 --> 01:37:13,840
Senator Paolo Benigno "Bam" Aquino IV: Since marami ko sa inyo

2725
01:37:13,840 --> 01:37:15,240
Senator Paolo Benigno "Bam" Aquino IV: Matagal na rin sa DTI

2726
01:37:15,240 --> 01:37:16,780
Senator Paolo Benigno "Bam" Aquino IV: Si Yusek Rodolfo

2727
01:37:16,780 --> 01:37:17,200
Senator Paolo Benigno "Bam" Aquino IV: Is there

2728
01:37:17,200 --> 01:37:20,800
Senator Paolo Benigno "Bam" Aquino IV: In my first term

2729
01:37:20,800 --> 01:37:21,880
Senator Paolo Benigno "Bam" Aquino IV: We supported the

2730
01:37:21,880 --> 01:37:22,780
Senator Paolo Benigno "Bam" Aquino IV: Go Negosyo Act

2731
01:37:22,780 --> 01:37:23,480
Senator Paolo Benigno "Bam" Aquino IV: Which created the

2732
01:37:23,480 --> 01:37:24,260
Senator Paolo Benigno "Bam" Aquino IV: Negosyo Centers

2733
01:37:24,260 --> 01:37:25,860
Senator Paolo Benigno "Bam" Aquino IV: And we wanna see

2734
01:37:25,860 --> 01:37:26,820
Senator Paolo Benigno "Bam" Aquino IV: More support for

2735
01:37:26,820 --> 01:37:27,540
Senator Paolo Benigno "Bam" Aquino IV: Our MSMEs

2736
01:37:27,540 --> 01:37:28,100
Senator Paolo Benigno "Bam" Aquino IV: So unang una

2737
01:37:28,100 --> 01:37:29,120
Senator Paolo Benigno "Bam" Aquino IV: The MS

2738
01:37:29,120 --> 01:37:30,080
Senator Paolo Benigno "Bam" Aquino IV: The Negosyo Center

2739
01:37:30,080 --> 01:37:30,900
Senator Paolo Benigno "Bam" Aquino IV: Online project

2740
01:37:30,900 --> 01:37:31,760
Senator Paolo Benigno "Bam" Aquino IV: I think is something

2741
01:37:31,760 --> 01:37:32,400
Senator Paolo Benigno "Bam" Aquino IV: Really

2742
01:37:32,400 --> 01:37:33,640
Senator Paolo Benigno "Bam" Aquino IV: Something important

2743
01:37:33,640 --> 01:37:34,680
Senator Paolo Benigno "Bam" Aquino IV: That we can support

2744
01:37:34,680 --> 01:37:36,800
Senator Paolo Benigno "Bam" Aquino IV: As we all know

2745
01:37:36,800 --> 01:37:39,080
Senator Paolo Benigno "Bam" Aquino IV: 70% of the concerns

2746
01:37:39,080 --> 01:37:40,060
Senator Paolo Benigno "Bam" Aquino IV: At the Negosyo Center

2747
01:37:40,060 --> 01:37:41,040
Senator Paolo Benigno "Bam" Aquino IV: Is really information

2748
01:37:41,040 --> 01:37:42,120
Senator Paolo Benigno "Bam" Aquino IV: And

2749
01:37:42,120 --> 01:37:43,180
Senator Paolo Benigno "Bam" Aquino IV: When we first

2750
01:37:43,180 --> 01:37:43,980
Senator Paolo Benigno "Bam" Aquino IV: Did that law

2751
01:37:43,980 --> 01:37:44,840
Senator Paolo Benigno "Bam" Aquino IV: It was 2014

2752
01:37:44,840 --> 01:37:46,700
Senator Paolo Benigno "Bam" Aquino IV: So 12 years ago

2753
01:37:46,700 --> 01:37:47,500
Senator Paolo Benigno "Bam" Aquino IV: And

2754
01:37:47,500 --> 01:37:49,280
Senator Paolo Benigno "Bam" Aquino IV: The idea of having

2755
01:37:49,280 --> 01:37:50,460
Senator Paolo Benigno "Bam" Aquino IV: A brick and mortar place

2756
01:37:50,460 --> 01:37:51,440
Senator Paolo Benigno "Bam" Aquino IV: For our MSMEs

2757
01:37:51,440 --> 01:37:52,040
Senator Paolo Benigno "Bam" Aquino IV: To go to

2758
01:37:52,040 --> 01:37:53,880
Senator Paolo Benigno "Bam" Aquino IV: Is important

2759
01:37:53,880 --> 01:37:54,660
Senator Paolo Benigno "Bam" Aquino IV: Kasi kailangan

2760
01:37:54,660 --> 01:37:55,680
Senator Paolo Benigno "Bam" Aquino IV: May manapupuntahan

2761
01:37:55,680 --> 01:37:56,660
Senator Paolo Benigno "Bam" Aquino IV: And I would always say

2762
01:37:56,820 --> 01:37:58,540
Senator Paolo Benigno "Bam" Aquino IV: By supporting this law

2763
01:37:58,540 --> 01:37:59,520
Senator Paolo Benigno "Bam" Aquino IV: And having it passed

2764
01:37:59,520 --> 01:38:00,540
Senator Paolo Benigno "Bam" Aquino IV: And having it implemented

2765
01:38:00,540 --> 01:38:01,860
Senator Paolo Benigno "Bam" Aquino IV: For the first few years

2766
01:38:01,860 --> 01:38:04,120
Senator Paolo Benigno "Bam" Aquino IV: It forced DTI

2767
01:38:04,120 --> 01:38:04,780
Senator Paolo Benigno "Bam" Aquino IV: To have

2768
01:38:04,780 --> 01:38:06,240
Senator Paolo Benigno "Bam" Aquino IV: To have

2769
01:38:06,240 --> 01:38:08,260
Senator Paolo Benigno "Bam" Aquino IV: Localized offices

2770
01:38:08,260 --> 01:38:09,300
Senator Paolo Benigno "Bam" Aquino IV: Na pwede mapuntahan

2771
01:38:09,300 --> 01:38:10,320
Senator Paolo Benigno "Bam" Aquino IV: Ng mga MSMEs

2772
01:38:10,320 --> 01:38:11,480
Senator Paolo Benigno "Bam" Aquino IV: Really forcing the issue

2773
01:38:11,480 --> 01:38:13,160
Senator Paolo Benigno "Bam" Aquino IV: That we need to reach out

2774
01:38:13,160 --> 01:38:14,700
Senator Paolo Benigno "Bam" Aquino IV: To the sector

2775
01:38:14,700 --> 01:38:17,400
Senator Paolo Benigno "Bam" Aquino IV: Maybe the next iteration

2776
01:38:17,400 --> 01:38:18,760
Senator Paolo Benigno "Bam" Aquino IV: Is really

2777
01:38:18,760 --> 01:38:21,180
Senator Paolo Benigno "Bam" Aquino IV: Supporting the Negosyo Center

2778
01:38:21,180 --> 01:38:22,680
Senator Paolo Benigno "Bam" Aquino IV: The Negosyo Center

2779
01:38:22,680 --> 01:38:23,540
Senator Paolo Benigno "Bam" Aquino IV: Online project

2780
01:38:23,540 --> 01:38:24,840
Senator Paolo Benigno "Bam" Aquino IV: That can be a next iteration

2781
01:38:24,840 --> 01:38:26,700
Senator Paolo Benigno "Bam" Aquino IV: And as I've said before

2782
01:38:26,700 --> 01:38:28,380
Senator Paolo Benigno "Bam" Aquino IV: With all of the tools

2783
01:38:28,380 --> 01:38:29,120
Senator Paolo Benigno "Bam" Aquino IV: That are available

2784
01:38:29,120 --> 01:38:31,140
Senator Paolo Benigno "Bam" Aquino IV: One thing that we're still

2785
01:38:31,140 --> 01:38:32,240
Senator Paolo Benigno "Bam" Aquino IV: Looking for is

2786
01:38:32,240 --> 01:38:33,780
Senator Paolo Benigno "Bam" Aquino IV: If I'm a

2787
01:38:33,780 --> 01:38:35,900
Senator Paolo Benigno "Bam" Aquino IV: MSME in Tarlac

2788
01:38:35,900 --> 01:38:37,520
Senator Paolo Benigno "Bam" Aquino IV: And I have a product to sell

2789
01:38:37,520 --> 01:38:37,980
Senator Paolo Benigno "Bam" Aquino IV: I can

2790
01:38:37,980 --> 01:38:39,740
Senator Paolo Benigno "Bam" Aquino IV: Go to my Negosyo Center

2791
01:38:39,740 --> 01:38:40,600
Senator Paolo Benigno "Bam" Aquino IV: Or go online

2792
01:38:40,600 --> 01:38:41,180
Senator Paolo Benigno "Bam" Aquino IV: And see

2793
01:38:41,180 --> 01:38:42,280
Senator Paolo Benigno "Bam" Aquino IV: Who are my

2794
01:38:42,280 --> 01:38:43,500
Senator Paolo Benigno "Bam" Aquino IV: Possible suppliers

2795
01:38:43,500 --> 01:38:44,720
Senator Paolo Benigno "Bam" Aquino IV: Who are my possible

2796
01:38:44,720 --> 01:38:47,100
Senator Paolo Benigno "Bam" Aquino IV: Who are my possible

2797
01:38:47,100 --> 01:38:48,440
Senator Paolo Benigno "Bam" Aquino IV: Market opportunities

2798
01:38:48,440 --> 01:38:49,760
Senator Paolo Benigno "Bam" Aquino IV: Na currently

2799
01:38:49,760 --> 01:38:51,080
Senator Paolo Benigno "Bam" Aquino IV: Hindi pa nagtatahitahin

2800
01:38:51,080 --> 01:38:52,200
Senator Paolo Benigno "Bam" Aquino IV: Yung mga Negosyo Centers

2801
01:38:52,200 --> 01:38:52,920
Senator Paolo Benigno "Bam" Aquino IV: So hopefully

2802
01:38:52,920 --> 01:38:54,100
Senator Paolo Benigno "Bam" Aquino IV: This effort

2803
01:38:54,100 --> 01:38:55,560
Senator Paolo Benigno "Bam" Aquino IV: To really bring it online

2804
01:38:55,560 --> 01:38:56,420
Senator Paolo Benigno "Bam" Aquino IV: With a directory

2805
01:38:56,420 --> 01:38:57,900
Senator Paolo Benigno "Bam" Aquino IV: With all of the business names

2806
01:38:57,900 --> 01:38:58,420
Senator Paolo Benigno "Bam" Aquino IV: And everything

2807
01:38:58,420 --> 01:38:59,680
Senator Paolo Benigno "Bam" Aquino IV: Can really create

2808
01:38:59,680 --> 01:39:01,500
Senator Paolo Benigno "Bam" Aquino IV: That linkage

2809
01:39:01,500 --> 01:39:02,580
Senator Paolo Benigno "Bam" Aquino IV: That we're looking for

2810
01:39:02,580 --> 01:39:04,200
Senator Paolo Benigno "Bam" Aquino IV: So we're happy

2811
01:39:04,200 --> 01:39:05,040
Senator Paolo Benigno "Bam" Aquino IV: To support that

2812
01:39:05,040 --> 01:39:05,820
Senator Paolo Benigno "Bam" Aquino IV: Further

2813
01:39:05,820 --> 01:39:06,740
Senator Paolo Benigno "Bam" Aquino IV: And again

2814
01:39:06,740 --> 01:39:07,740
Senator Paolo Benigno "Bam" Aquino IV: We can talk offline

2815
01:39:07,740 --> 01:39:09,060
Senator Paolo Benigno "Bam" Aquino IV: Kung nasaan po siya dyan

2816
01:39:09,060 --> 01:39:11,020
Senator Paolo Benigno "Bam" Aquino IV: Baka sa ROG

2817
01:39:11,020 --> 01:39:12,440
Senator Paolo Benigno "Bam" Aquino IV: Maybe with the regional

2818
01:39:12,440 --> 01:39:14,220
Senator Paolo Benigno "Bam" Aquino IV: I don't know

2819
01:39:14,220 --> 01:39:15,360
Senator Paolo Benigno "Bam" Aquino IV: Or sa e-commerce ba

2820
01:39:15,360 --> 01:39:15,940
Senator Paolo Benigno "Bam" Aquino IV: Hindi ko alam

2821
01:39:15,940 --> 01:39:17,500
Senator Paolo Benigno "Bam" Aquino IV: But we do want to see

2822
01:39:17,500 --> 01:39:18,360
Senator Paolo Benigno "Bam" Aquino IV: This up already

2823
01:39:18,360 --> 01:39:19,740
Senator Paolo Benigno "Bam" Aquino IV: Si Negosyo Center online

2824
01:39:19,740 --> 01:39:21,040
Senator Paolo Benigno "Bam" Aquino IV: It can be a separate push

2825
01:39:21,040 --> 01:39:23,600
Senator Paolo Benigno "Bam" Aquino IV: Apart from the

2826
01:39:23,600 --> 01:39:24,800
Senator Paolo Benigno "Bam" Aquino IV: From what we see here

2827
01:39:24,800 --> 01:39:25,800
Senator Paolo Benigno "Bam" Aquino IV: Or it can be an

2828
01:39:25,800 --> 01:39:26,400
Senator Paolo Benigno "Bam" Aquino IV: Extra push

2829
01:39:26,420 --> 01:39:27,220
Senator Paolo Benigno "Bam" Aquino IV: To really

2830
01:39:27,220 --> 01:39:28,520
Senator Paolo Benigno "Bam" Aquino IV: See this online

2831
01:39:28,520 --> 01:39:30,420
Senator Paolo Benigno "Bam" Aquino IV: Yung isang challenge ko rin

2832
01:39:30,420 --> 01:39:31,860
Senator Paolo Benigno "Bam" Aquino IV: Sa inyong lahat

2833
01:39:31,860 --> 01:39:33,080
Senator Paolo Benigno "Bam" Aquino IV: And we had the hearing here

2834
01:39:33,080 --> 01:39:33,820
Senator Paolo Benigno "Bam" Aquino IV: Secretary Roque

2835
01:39:33,820 --> 01:39:35,140
Senator Paolo Benigno "Bam" Aquino IV: Was kind enough to join us

2836
01:39:35,140 --> 01:39:36,100
Senator Paolo Benigno "Bam" Aquino IV: Is also

2837
01:39:36,100 --> 01:39:37,200
Senator Paolo Benigno "Bam" Aquino IV: MSME protection

2838
01:39:37,200 --> 01:39:39,180
Senator Paolo Benigno "Bam" Aquino IV: And this is I think

2839
01:39:39,180 --> 01:39:40,080
Senator Paolo Benigno "Bam" Aquino IV: Something that

2840
01:39:40,080 --> 01:39:41,980
Senator Paolo Benigno "Bam" Aquino IV: We don't see yet here

2841
01:39:41,980 --> 01:39:43,820
Senator Paolo Benigno "Bam" Aquino IV: We have consumer protection

2842
01:39:43,820 --> 01:39:46,000
Senator Paolo Benigno "Bam" Aquino IV: But we don't have

2843
01:39:46,000 --> 01:39:47,040
Senator Paolo Benigno "Bam" Aquino IV: MSME protection

2844
01:39:47,040 --> 01:39:48,660
Senator Paolo Benigno "Bam" Aquino IV: Because a lot of our

2845
01:39:48,660 --> 01:39:49,620
Senator Paolo Benigno "Bam" Aquino IV: MSMEs are also

2846
01:39:49,620 --> 01:39:50,400
Senator Paolo Benigno "Bam" Aquino IV: Getting harassed

2847
01:39:50,400 --> 01:39:50,940
Senator Paolo Benigno "Bam" Aquino IV: Unfortunately

2848
01:39:50,940 --> 01:39:52,480
Senator Paolo Benigno "Bam" Aquino IV: Sometimes by government

2849
01:39:52,480 --> 01:39:52,980
Senator Paolo Benigno "Bam" Aquino IV: As well

2850
01:39:52,980 --> 01:39:54,820
Senator Paolo Benigno "Bam" Aquino IV: And

2851
01:39:54,820 --> 01:39:56,100
Senator Paolo Benigno "Bam" Aquino IV: This has been

2852
01:39:56,100 --> 01:39:57,460
Senator Paolo Benigno "Bam" Aquino IV: My suggestion

2853
01:39:57,460 --> 01:39:59,040
Senator Paolo Benigno "Bam" Aquino IV: To Secretary Lopez

2854
01:39:59,040 --> 01:39:59,700
Senator Paolo Benigno "Bam" Aquino IV: Pa actually

2855
01:39:59,700 --> 01:40:01,760
Senator Paolo Benigno "Bam" Aquino IV: From the previous administration

2856
01:40:01,760 --> 01:40:02,800
Senator Paolo Benigno "Bam" Aquino IV: Na

2857
01:40:02,800 --> 01:40:05,240
Senator Paolo Benigno "Bam" Aquino IV: Ang hinahanap ng mga MSMEs natin

2858
01:40:05,240 --> 01:40:06,200
Senator Paolo Benigno "Bam" Aquino IV: Hindi lang yung support

2859
01:40:06,200 --> 01:40:07,340
Senator Paolo Benigno "Bam" Aquino IV: Which we provide

2860
01:40:07,340 --> 01:40:08,140
Senator Paolo Benigno "Bam" Aquino IV: In different ways

2861
01:40:08,140 --> 01:40:09,000
Senator Paolo Benigno "Bam" Aquino IV: Through financing

2862
01:40:09,000 --> 01:40:09,840
Senator Paolo Benigno "Bam" Aquino IV: Through training

2863
01:40:09,840 --> 01:40:10,940
Senator Paolo Benigno "Bam" Aquino IV: Through the

2864
01:40:10,940 --> 01:40:11,640
Senator Paolo Benigno "Bam" Aquino IV: Negosyo Centers

2865
01:40:11,640 --> 01:40:12,480
Senator Paolo Benigno "Bam" Aquino IV: And the programs

2866
01:40:12,480 --> 01:40:13,420
Senator Paolo Benigno "Bam" Aquino IV: And the trade promotion

2867
01:40:13,420 --> 01:40:15,100
Senator Paolo Benigno "Bam" Aquino IV: They're also looking for protection

2868
01:40:15,100 --> 01:40:16,780
Senator Paolo Benigno "Bam" Aquino IV: Because many of them

2869
01:40:16,780 --> 01:40:17,440
Senator Paolo Benigno "Bam" Aquino IV: Feel that

2870
01:40:17,440 --> 01:40:18,120
Senator Paolo Benigno "Bam" Aquino IV: Again

2871
01:40:18,120 --> 01:40:18,520
Senator Paolo Benigno "Bam" Aquino IV: They're out

2872
01:40:18,520 --> 01:40:19,820
Senator Paolo Benigno "Bam" Aquino IV: They're on their own

2873
01:40:19,820 --> 01:40:21,080
Senator Paolo Benigno "Bam" Aquino IV: Kapag may nangharas

2874
01:40:21,080 --> 01:40:21,480
Senator Paolo Benigno "Bam" Aquino IV: Sa kanila

2875
01:40:21,480 --> 01:40:23,600
Senator Paolo Benigno "Bam" Aquino IV: So what I would also like to see

2876
01:40:23,600 --> 01:40:24,400
Senator Paolo Benigno "Bam" Aquino IV: And again

2877
01:40:24,400 --> 01:40:25,720
Senator Paolo Benigno "Bam" Aquino IV: We can talk about this

2878
01:40:25,720 --> 01:40:26,080
Senator Paolo Benigno "Bam" Aquino IV: Before we go

2879
01:40:26,100 --> 01:40:26,780
Senator Paolo Benigno "Bam" Aquino IV: Before we get to plenary

2880
01:40:26,780 --> 01:40:27,700
Senator Paolo Benigno "Bam" Aquino IV: Is

2881
01:40:27,700 --> 01:40:29,900
Senator Paolo Benigno "Bam" Aquino IV: Where

2882
01:40:29,900 --> 01:40:32,100
Senator Paolo Benigno "Bam" Aquino IV: In the setup of DTI

2883
01:40:32,100 --> 01:40:33,780
Senator Paolo Benigno "Bam" Aquino IV: Can an MSME go

2884
01:40:33,780 --> 01:40:35,400
Senator Paolo Benigno "Bam" Aquino IV: Kapag merong harassment

2885
01:40:35,400 --> 01:40:36,700
Senator Paolo Benigno "Bam" Aquino IV: Kapag merong

2886
01:40:36,700 --> 01:40:37,900
Senator Paolo Benigno "Bam" Aquino IV: Concerns with

2887
01:40:37,900 --> 01:40:39,440
Senator Paolo Benigno "Bam" Aquino IV: Ease of doing business

2888
01:40:39,440 --> 01:40:40,340
Senator Paolo Benigno "Bam" Aquino IV: You know

2889
01:40:40,340 --> 01:40:41,600
Senator Paolo Benigno "Bam" Aquino IV: We say ease of doing business

2890
01:40:41,600 --> 01:40:41,920
Senator Paolo Benigno "Bam" Aquino IV: But

2891
01:40:41,920 --> 01:40:43,500
Senator Paolo Benigno "Bam" Aquino IV: We really mean corruption

2892
01:40:43,500 --> 01:40:44,180
Senator Paolo Benigno "Bam" Aquino IV: Sa totoo lang

2893
01:40:44,180 --> 01:40:44,460
Senator Paolo Benigno "Bam" Aquino IV: Diba

2894
01:40:44,460 --> 01:40:44,940
Senator Paolo Benigno "Bam" Aquino IV: I mean

2895
01:40:44,940 --> 01:40:46,100
Senator Paolo Benigno "Bam" Aquino IV: Lahat na mga

2896
01:40:46,100 --> 01:40:47,320
Senator Paolo Benigno "Bam" Aquino IV: Chambers of Commerce

2897
01:40:47,320 --> 01:40:48,220
Senator Paolo Benigno "Bam" Aquino IV: Lahat na mga

2898
01:40:48,220 --> 01:40:50,120
Senator Paolo Benigno "Bam" Aquino IV: Business clubs

2899
01:40:50,120 --> 01:40:51,180
Senator Paolo Benigno "Bam" Aquino IV: They'll just say

2900
01:40:51,180 --> 01:40:52,100
Senator Paolo Benigno "Bam" Aquino IV: Oh kulang po

2901
01:40:52,100 --> 01:40:53,200
Senator Paolo Benigno "Bam" Aquino IV: Ng ease of doing business

2902
01:40:53,200 --> 01:40:54,600
Senator Paolo Benigno "Bam" Aquino IV: But when you probe further

2903
01:40:54,600 --> 01:40:55,540
Senator Paolo Benigno "Bam" Aquino IV: Ang ibig sabihin nila

2904
01:40:55,540 --> 01:40:56,080
Senator Paolo Benigno "Bam" Aquino IV: Hinaharasan

2905
01:40:56,100 --> 01:40:56,520
Senator Paolo Benigno "Bam" Aquino IV: Sila

2906
01:40:56,520 --> 01:40:57,980
Senator Paolo Benigno "Bam" Aquino IV: So in that hearing

2907
01:40:57,980 --> 01:40:59,400
Senator Paolo Benigno "Bam" Aquino IV: We actually met

2908
01:40:59,400 --> 01:41:00,880
Senator Paolo Benigno "Bam" Aquino IV: With the BIR Commissioner

2909
01:41:00,880 --> 01:41:02,260
Senator Paolo Benigno "Bam" Aquino IV: And the Deputy Commissioner

2910
01:41:02,260 --> 01:41:03,160
Senator Paolo Benigno "Bam" Aquino IV: After that hearing

2911
01:41:03,160 --> 01:41:03,760
Senator Paolo Benigno "Bam" Aquino IV: That we had

2912
01:41:03,760 --> 01:41:04,740
Senator Paolo Benigno "Bam" Aquino IV: And

2913
01:41:04,740 --> 01:41:06,460
Senator Paolo Benigno "Bam" Aquino IV: They've opened up

2914
01:41:06,460 --> 01:41:08,080
Senator Paolo Benigno "Bam" Aquino IV: A separate

2915
01:41:08,080 --> 01:41:09,540
Senator Paolo Benigno "Bam" Aquino IV: Way to complain

2916
01:41:09,540 --> 01:41:11,400
Senator Paolo Benigno "Bam" Aquino IV: And the few

2917
01:41:11,400 --> 01:41:12,660
Senator Paolo Benigno "Bam" Aquino IV: That we've raised to them

2918
01:41:12,660 --> 01:41:13,540
Senator Paolo Benigno "Bam" Aquino IV: Have actually been

2919
01:41:13,540 --> 01:41:14,440
Senator Paolo Benigno "Bam" Aquino IV: Very positive

2920
01:41:14,440 --> 01:41:15,000
Senator Paolo Benigno "Bam" Aquino IV: Meaning

2921
01:41:15,000 --> 01:41:16,720
Senator Paolo Benigno "Bam" Aquino IV: Na-actionan po nila

2922
01:41:16,720 --> 01:41:19,820
Senator Paolo Benigno "Bam" Aquino IV: The lady

2923
01:41:19,820 --> 01:41:20,620
Senator Paolo Benigno "Bam" Aquino IV: Si Ma'am Yoli

2924
01:41:20,620 --> 01:41:21,420
Senator Paolo Benigno "Bam" Aquino IV: Who testified

2925
01:41:21,420 --> 01:41:22,400
Senator Paolo Benigno "Bam" Aquino IV: In our hearing

2926
01:41:22,400 --> 01:41:23,220
Senator Paolo Benigno "Bam" Aquino IV: And talked about

2927
01:41:23,220 --> 01:41:24,220
Senator Paolo Benigno "Bam" Aquino IV: Her concerns with

2928
01:41:24,220 --> 01:41:24,900
Senator Paolo Benigno "Bam" Aquino IV: BIR

2929
01:41:24,900 --> 01:41:25,700
Senator Paolo Benigno "Bam" Aquino IV: Na-actionan na mo niya

2930
01:41:25,700 --> 01:41:26,440
Senator Paolo Benigno "Bam" Aquino IV: Aksyonan naman po

2931
01:41:26,440 --> 01:41:27,160
Senator Paolo Benigno "Bam" Aquino IV: And

2932
01:41:27,160 --> 01:41:28,720
Senator Paolo Benigno "Bam" Aquino IV: In fact the Commissioner

2933
01:41:28,720 --> 01:41:29,380
Senator Paolo Benigno "Bam" Aquino IV: Was kind enough

2934
01:41:29,380 --> 01:41:30,400
Senator Paolo Benigno "Bam" Aquino IV: To meet with her also

2935
01:41:30,400 --> 01:41:31,760
Senator Paolo Benigno "Bam" Aquino IV: To address her concerns

2936
01:41:31,760 --> 01:41:32,360
Senator Paolo Benigno "Bam" Aquino IV: Directly

2937
01:41:32,360 --> 01:41:33,560
Senator Paolo Benigno "Bam" Aquino IV: So ano po

2938
01:41:33,560 --> 01:41:33,820
Senator Paolo Benigno "Bam" Aquino IV: Sek

2939
01:41:33,820 --> 01:41:34,780
Senator Paolo Benigno "Bam" Aquino IV: I'm hoping

2940
01:41:34,780 --> 01:41:35,980
Senator Paolo Benigno "Bam" Aquino IV: That alongside

2941
01:41:35,980 --> 01:41:37,140
Senator Paolo Benigno "Bam" Aquino IV: Consumer protection

2942
01:41:37,140 --> 01:41:38,160
Senator Paolo Benigno "Bam" Aquino IV: That we've had

2943
01:41:38,160 --> 01:41:39,180
Senator Paolo Benigno "Bam" Aquino IV: For years

2944
01:41:39,180 --> 01:41:40,480
Senator Paolo Benigno "Bam" Aquino IV: We can develop

2945
01:41:40,480 --> 01:41:41,560
Senator Paolo Benigno "Bam" Aquino IV: An MSME

2946
01:41:41,560 --> 01:41:43,280
Senator Paolo Benigno "Bam" Aquino IV: Protection desk

2947
01:41:43,280 --> 01:41:44,660
Senator Paolo Benigno "Bam" Aquino IV: Na

2948
01:41:44,660 --> 01:41:45,860
Senator Paolo Benigno "Bam" Aquino IV: Pwedeng

2949
01:41:45,860 --> 01:41:46,920
Senator Paolo Benigno "Bam" Aquino IV: Ma-activate

2950
01:41:46,920 --> 01:41:47,620
Senator Paolo Benigno "Bam" Aquino IV: And that's something

2951
01:41:47,620 --> 01:41:48,400
Senator Paolo Benigno "Bam" Aquino IV: Also we're happy

2952
01:41:48,400 --> 01:41:49,000
Senator Paolo Benigno "Bam" Aquino IV: To support

2953
01:41:49,000 --> 01:41:50,040
Senator Paolo Benigno "Bam" Aquino IV: I don't know

2954
01:41:50,040 --> 01:41:50,540
Senator Paolo Benigno "Bam" Aquino IV: Kung saan niyo po

2955
01:41:50,540 --> 01:41:51,380
Senator Paolo Benigno "Bam" Aquino IV: Siya ilalagay

2956
01:41:51,380 --> 01:41:53,260
Senator Paolo Benigno "Bam" Aquino IV: Hanapin natin

2957
01:41:53,260 --> 01:41:53,740
Senator Paolo Benigno "Bam" Aquino IV: Kung saan siya

2958
01:41:53,740 --> 01:41:54,400
Senator Paolo Benigno "Bam" Aquino IV: Magandang

2959
01:41:54,400 --> 01:41:55,940
Senator Paolo Benigno "Bam" Aquino IV: Diba

2960
01:41:55,940 --> 01:41:58,400
Senator Paolo Benigno "Bam" Aquino IV: And we can fund that

2961
01:41:58,400 --> 01:41:58,820
Senator Paolo Benigno "Bam" Aquino IV: Further

2962
01:41:58,820 --> 01:42:01,180
Senator Paolo Benigno "Bam" Aquino IV: So we can really be

2963
01:42:01,180 --> 01:42:01,780
Senator Paolo Benigno "Bam" Aquino IV: More

2964
01:42:01,780 --> 01:42:03,340
Senator Paolo Benigno "Bam" Aquino IV: Proactive

2965
01:42:03,340 --> 01:42:04,760
Senator Paolo Benigno "Bam" Aquino IV: And more responsive

2966
01:42:04,760 --> 01:42:06,480
Senator Paolo Benigno "Bam" Aquino IV: Pagating sa mga problema

2967
01:42:06,480 --> 01:42:07,960
Senator Paolo Benigno "Bam" Aquino IV: Ng MSMEs natin

2968
01:42:07,960 --> 01:42:10,440
Senator Paolo Benigno "Bam" Aquino IV: Si Senator Tulfo

2969
01:42:10,440 --> 01:42:11,560
Senator Paolo Benigno "Bam" Aquino IV: Kanina sabi niya

2970
01:42:11,560 --> 01:42:13,160
Senator Paolo Benigno "Bam" Aquino IV: Napakaraming

2971
01:42:13,160 --> 01:42:13,820
Senator Paolo Benigno "Bam" Aquino IV: Nagko-complain

2972
01:42:13,820 --> 01:42:14,400
Senator Paolo Benigno "Bam" Aquino IV: Sa kanila

2973
01:42:14,400 --> 01:42:15,580
Senator Paolo Benigno "Bam" Aquino IV: Sa amin rin po

2974
01:42:15,580 --> 01:42:16,340
Senator Paolo Benigno "Bam" Aquino IV: After the hearing

2975
01:42:16,340 --> 01:42:17,120
Senator Paolo Benigno "Bam" Aquino IV: We had like

2976
01:42:17,120 --> 01:42:18,560
Senator Paolo Benigno "Bam" Aquino IV: Honestly

2977
01:42:18,560 --> 01:42:20,140
Senator Paolo Benigno "Bam" Aquino IV: Napakaraming complaints

2978
01:42:20,140 --> 01:42:21,100
Senator Paolo Benigno "Bam" Aquino IV: Na dumating rin po

2979
01:42:21,100 --> 01:42:21,680
Senator Paolo Benigno "Bam" Aquino IV: Sa amin

2980
01:42:21,680 --> 01:42:23,340
Senator Paolo Benigno "Bam" Aquino IV: And what we want

2981
01:42:23,340 --> 01:42:24,160
Senator Paolo Benigno "Bam" Aquino IV: Our countrymen

2982
01:42:24,160 --> 01:42:24,620
Senator Paolo Benigno "Bam" Aquino IV: To feel

2983
01:42:24,620 --> 01:42:25,000
Senator Paolo Benigno "Bam" Aquino IV: Is that

2984
01:42:25,000 --> 01:42:26,480
Senator Paolo Benigno "Bam" Aquino IV: Kapag meron silang problema

2985
01:42:26,480 --> 01:42:27,860
Senator Paolo Benigno "Bam" Aquino IV: Meron silang mapupuntahan

2986
01:42:27,860 --> 01:42:29,820
Senator Paolo Benigno "Bam" Aquino IV: That they can actually

2987
01:42:29,820 --> 01:42:32,680
Senator Paolo Benigno "Bam" Aquino IV: Lean on the agencies

2988
01:42:32,680 --> 01:42:34,000
Senator Paolo Benigno "Bam" Aquino IV: To be on their side

2989
01:42:34,000 --> 01:42:34,800
Senator Paolo Benigno "Bam" Aquino IV: Diba

2990
01:42:34,800 --> 01:42:35,740
Senator Paolo Benigno "Bam" Aquino IV: In the same way

2991
01:42:35,740 --> 01:42:36,680
Senator Paolo Benigno "Bam" Aquino IV: Consumers

2992
01:42:36,680 --> 01:42:37,600
Senator Paolo Benigno "Bam" Aquino IV: Hopefully

2993
01:42:37,600 --> 01:42:38,760
Senator Paolo Benigno "Bam" Aquino IV: Kapag may mga problema

2994
01:42:38,760 --> 01:42:39,580
Senator Paolo Benigno "Bam" Aquino IV: Yung mga produkto

2995
01:42:39,580 --> 01:42:40,820
Senator Paolo Benigno "Bam" Aquino IV: They can lean on DTI

2996
01:42:40,820 --> 01:42:41,980
Senator Paolo Benigno "Bam" Aquino IV: To be on their side

2997
01:42:41,980 --> 01:42:43,600
Senator Paolo Benigno "Bam" Aquino IV: Yung MSMEs natin

2998
01:42:43,600 --> 01:42:44,940
Senator Paolo Benigno "Bam" Aquino IV: They also need someone

2999
01:42:44,940 --> 01:42:46,800
Senator Paolo Benigno "Bam" Aquino IV: To be on their side

3000
01:42:46,800 --> 01:42:48,860
Senator Paolo Benigno "Bam" Aquino IV: And kami naman po

3001
01:42:48,860 --> 01:42:49,560
Senator Paolo Benigno "Bam" Aquino IV: Mga politiko

3002
01:42:49,560 --> 01:42:49,940
Senator Paolo Benigno "Bam" Aquino IV: Of course

3003
01:42:49,940 --> 01:42:50,840
Senator Paolo Benigno "Bam" Aquino IV: They can go to us

3004
01:42:50,840 --> 01:42:51,700
Senator Paolo Benigno "Bam" Aquino IV: But at the end of the day

3005
01:42:51,700 --> 01:42:52,000
Senator Paolo Benigno "Bam" Aquino IV: We know

3006
01:42:52,000 --> 01:42:52,960
Senator Paolo Benigno "Bam" Aquino IV: It's the implementers

3007
01:42:52,960 --> 01:42:54,140
Senator Paolo Benigno "Bam" Aquino IV: Who are in a better position

3008
01:42:54,160 --> 01:42:56,260
Senator Paolo Benigno "Bam" Aquino IV: To be their advocate

3009
01:42:56,260 --> 01:42:57,100
Senator Paolo Benigno "Bam" Aquino IV: So

3010
01:42:57,100 --> 01:42:58,480
Senator Paolo Benigno "Bam" Aquino IV: That's number

3011
01:42:58,480 --> 01:43:00,580
Senator Paolo Benigno "Bam" Aquino IV: That's number two

3012
01:43:00,580 --> 01:43:01,300
Senator Paolo Benigno "Bam" Aquino IV: Sa agenda ko

3013
01:43:01,300 --> 01:43:01,940
Senator Paolo Benigno "Bam" Aquino IV: Which is

3014
01:43:01,940 --> 01:43:04,120
Senator Paolo Benigno "Bam" Aquino IV: When we look at

3015
01:43:04,120 --> 01:43:05,940
Senator Paolo Benigno "Bam" Aquino IV: More support for MSMEs

3016
01:43:05,940 --> 01:43:07,400
Senator Paolo Benigno "Bam" Aquino IV: And the negosyo centers

3017
01:43:07,400 --> 01:43:08,780
Senator Paolo Benigno "Bam" Aquino IV: Are one that we want to support

3018
01:43:08,780 --> 01:43:09,360
Senator Paolo Benigno "Bam" Aquino IV: And of course

3019
01:43:09,360 --> 01:43:10,900
Senator Paolo Benigno "Bam" Aquino IV: The shared service facilities

3020
01:43:10,900 --> 01:43:11,900
Senator Paolo Benigno "Bam" Aquino IV: Yung isa rin

3021
01:43:11,900 --> 01:43:12,540
Senator Paolo Benigno "Bam" Aquino IV: Is to

3022
01:43:12,540 --> 01:43:14,280
Senator Paolo Benigno "Bam" Aquino IV: Have an MSME

3023
01:43:14,280 --> 01:43:15,400
Senator Paolo Benigno "Bam" Aquino IV: Protection desk

3024
01:43:15,400 --> 01:43:15,940
Senator Paolo Benigno "Bam" Aquino IV: No?

3025
01:43:16,300 --> 01:43:17,240
Senator Paolo Benigno "Bam" Aquino IV: And again

3026
01:43:17,240 --> 01:43:18,660
Senator Paolo Benigno "Bam" Aquino IV: I will say this much

3027
01:43:18,660 --> 01:43:19,240
Senator Paolo Benigno "Bam" Aquino IV: Sometimes

3028
01:43:19,240 --> 01:43:20,540
Senator Paolo Benigno "Bam" Aquino IV: Yung kailangan natin silang

3029
01:43:20,540 --> 01:43:21,740
Senator Paolo Benigno "Bam" Aquino IV: Protectahan

3030
01:43:21,740 --> 01:43:22,460
Senator Paolo Benigno "Bam" Aquino IV: Is protectahan

3031
01:43:22,460 --> 01:43:22,960
Senator Paolo Benigno "Bam" Aquino IV: Sa iba rin

3032
01:43:22,960 --> 01:43:24,140
Senator Paolo Benigno "Bam" Aquino IV: Government agencies

3033
01:43:24,160 --> 01:43:27,140
Senator Paolo Benigno "Bam" Aquino IV: To be fair

3034
01:43:27,140 --> 01:43:28,520
Senator Paolo Benigno "Bam" Aquino IV: The top three complaints

3035
01:43:28,520 --> 01:43:29,120
Senator Paolo Benigno "Bam" Aquino IV: That we've had

3036
01:43:29,120 --> 01:43:29,620
Senator Paolo Benigno "Bam" Aquino IV: Is really

3037
01:43:29,620 --> 01:43:30,320
Senator Paolo Benigno "Bam" Aquino IV: FDA

3038
01:43:30,320 --> 01:43:31,380
Senator Paolo Benigno "Bam" Aquino IV: BFP

3039
01:43:31,380 --> 01:43:32,140
Senator Paolo Benigno "Bam" Aquino IV: And BIR

3040
01:43:32,140 --> 01:43:33,200
Senator Paolo Benigno "Bam" Aquino IV: Si BFP

3041
01:43:33,200 --> 01:43:33,940
Senator Paolo Benigno "Bam" Aquino IV: Tsaka si BIR

3042
01:43:33,940 --> 01:43:35,100
Senator Paolo Benigno "Bam" Aquino IV: Have been very responsive

3043
01:43:35,100 --> 01:43:36,040
Senator Paolo Benigno "Bam" Aquino IV: Si BIR

3044
01:43:36,040 --> 01:43:38,140
Senator Paolo Benigno "Bam" Aquino IV: Has been very responsive

3045
01:43:38,140 --> 01:43:39,120
Senator Paolo Benigno "Bam" Aquino IV: And sabi nga nila

3046
01:43:39,120 --> 01:43:41,900
Senator Paolo Benigno "Bam" Aquino IV: We do want to

3047
01:43:41,900 --> 01:43:43,900
Senator Paolo Benigno "Bam" Aquino IV: To be more active

3048
01:43:43,900 --> 01:43:45,600
Senator Paolo Benigno "Bam" Aquino IV: In protecting our MSMEs

3049
01:43:45,600 --> 01:43:46,620
Senator Paolo Benigno "Bam" Aquino IV: Yung BFP

3050
01:43:46,620 --> 01:43:47,880
Senator Paolo Benigno "Bam" Aquino IV: In the last hearing

3051
01:43:47,880 --> 01:43:49,500
Senator Paolo Benigno "Bam" Aquino IV: They changed all of their

3052
01:43:49,500 --> 01:43:50,560
Senator Paolo Benigno "Bam" Aquino IV: Inspectors in NCR

3053
01:43:50,560 --> 01:43:51,640
Senator Paolo Benigno "Bam" Aquino IV: I'm sure

3054
01:43:51,640 --> 01:43:52,720
Senator Paolo Benigno "Bam" Aquino IV: Naririnig nyo rin naman yan

3055
01:43:52,720 --> 01:43:53,140
Senator Paolo Benigno "Bam" Aquino IV: Yung mga binibentahan

3056
01:43:53,780 --> 01:43:54,140
Senator Paolo Benigno "Bam" Aquino IV: Nang

3057
01:43:54,160 --> 01:43:55,640
Senator Paolo Benigno "Bam" Aquino IV: Extinguisher

3058
01:43:55,640 --> 01:43:56,400
Senator Paolo Benigno "Bam" Aquino IV: Baka tayo dito

3059
01:43:56,400 --> 01:43:56,980
Senator Paolo Benigno "Bam" Aquino IV: Nabenta ako

3060
01:43:56,980 --> 01:43:57,900
Senator Paolo Benigno "Bam" Aquino IV: Nabenta na ako ng

3061
01:43:57,900 --> 01:43:58,460
Senator Paolo Benigno "Bam" Aquino IV: Extinguisher

3062
01:43:58,460 --> 01:44:00,160
Senator Paolo Benigno "Bam" Aquino IV: Before I joined politics

3063
01:44:00,160 --> 01:44:00,520
Senator Paolo Benigno "Bam" Aquino IV: So

3064
01:44:00,520 --> 01:44:02,360
Senator Paolo Benigno "Bam" Aquino IV: To be fair to them

3065
01:44:02,360 --> 01:44:03,400
Senator Paolo Benigno "Bam" Aquino IV: They have changed

3066
01:44:03,400 --> 01:44:04,720
Senator Paolo Benigno "Bam" Aquino IV: All of their inspectors

3067
01:44:04,720 --> 01:44:05,260
Senator Paolo Benigno "Bam" Aquino IV: In NCR

3068
01:44:05,260 --> 01:44:06,520
Senator Paolo Benigno "Bam" Aquino IV: Because they felt

3069
01:44:06,520 --> 01:44:07,540
Senator Paolo Benigno "Bam" Aquino IV: That the complaints

3070
01:44:07,540 --> 01:44:08,720
Senator Paolo Benigno "Bam" Aquino IV: Were just too much already

3071
01:44:08,720 --> 01:44:09,640
Senator Paolo Benigno "Bam" Aquino IV: And

3072
01:44:09,640 --> 01:44:11,200
Senator Paolo Benigno "Bam" Aquino IV: They're also trying

3073
01:44:11,200 --> 01:44:12,060
Senator Paolo Benigno "Bam" Aquino IV: To be more responsive

3074
01:44:12,060 --> 01:44:13,500
Senator Paolo Benigno "Bam" Aquino IV: To the needs of our MSMEs

3075
01:44:13,500 --> 01:44:15,020
Senator Paolo Benigno "Bam" Aquino IV: Yung FDA

3076
01:44:15,020 --> 01:44:16,020
Senator Paolo Benigno "Bam" Aquino IV: Will really need

3077
01:44:16,020 --> 01:44:17,700
Senator Paolo Benigno "Bam" Aquino IV: More structural reforms

3078
01:44:17,700 --> 01:44:18,200
Senator Paolo Benigno "Bam" Aquino IV: Kasi

3079
01:44:18,200 --> 01:44:20,640
Senator Paolo Benigno "Bam" Aquino IV: The number of

3080
01:44:20,640 --> 01:44:21,780
Senator Paolo Benigno "Bam" Aquino IV: MSMEs

3081
01:44:21,780 --> 01:44:22,340
Senator Paolo Benigno "Bam" Aquino IV: Or businesses

3082
01:44:22,340 --> 01:44:23,900
Senator Paolo Benigno "Bam" Aquino IV: That require them

3083
01:44:24,160 --> 01:44:26,800
Senator Paolo Benigno "Bam" Aquino IV: To be more responsive

3084
01:44:26,800 --> 01:44:27,560
Senator Paolo Benigno "Bam" Aquino IV: Is just

3085
01:44:27,560 --> 01:44:28,740
Senator Paolo Benigno "Bam" Aquino IV: Great

3086
01:44:28,740 --> 01:44:30,200
Senator Paolo Benigno "Bam" Aquino IV: Compared to their capacity

3087
01:44:30,200 --> 01:44:31,180
Senator Paolo Benigno "Bam" Aquino IV: So

3088
01:44:31,180 --> 01:44:33,000
Senator Paolo Benigno "Bam" Aquino IV: There has to be

3089
01:44:33,000 --> 01:44:34,260
Senator Paolo Benigno "Bam" Aquino IV: Some structural change

3090
01:44:34,260 --> 01:44:35,360
Senator Paolo Benigno "Bam" Aquino IV: With the FDA

3091
01:44:35,360 --> 01:44:36,820
Senator Paolo Benigno "Bam" Aquino IV: And unfortunately

3092
01:44:36,820 --> 01:44:38,180
Senator Paolo Benigno "Bam" Aquino IV: FDA is not under DTI

3093
01:44:38,180 --> 01:44:39,180
Senator Paolo Benigno "Bam" Aquino IV: It's under DOH

3094
01:44:39,180 --> 01:44:40,220
Senator Paolo Benigno "Bam" Aquino IV: So

3095
01:44:40,220 --> 01:44:42,040
Senator Paolo Benigno "Bam" Aquino IV: Kukrosover tayo

3096
01:44:42,040 --> 01:44:42,760
Senator Paolo Benigno "Bam" Aquino IV: Sa ibang ahensya

3097
01:44:42,760 --> 01:44:43,080
Senator Paolo Benigno "Bam" Aquino IV: But

3098
01:44:43,080 --> 01:44:44,720
Senator Paolo Benigno "Bam" Aquino IV: A lot of the concerns

3099
01:44:44,720 --> 01:44:45,760
Senator Paolo Benigno "Bam" Aquino IV: Whether it's cosmetics

3100
01:44:45,760 --> 01:44:46,640
Senator Paolo Benigno "Bam" Aquino IV: Food

3101
01:44:46,640 --> 01:44:50,640
Senator Paolo Benigno "Bam" Aquino IV: Umabot ng taon

3102
01:44:50,640 --> 01:44:51,620
Senator Paolo Benigno "Bam" Aquino IV: Yung inihintay

3103
01:44:51,620 --> 01:44:52,960
Senator Paolo Benigno "Bam" Aquino IV: Ng mga MSMEs natin

3104
01:44:52,960 --> 01:44:53,780
Senator Paolo Benigno "Bam" Aquino IV: Pagating sa

3105
01:44:53,780 --> 01:44:54,140
Senator Paolo Benigno "Bam" Aquino IV: The

3106
01:44:54,160 --> 01:44:56,900
Senator Paolo Benigno "Bam" Aquino IV: Submissions nila

3107
01:44:56,900 --> 01:44:57,480
Senator Paolo Benigno "Bam" Aquino IV: Sa FDA

3108
01:44:57,480 --> 01:44:57,920
Senator Paolo Benigno "Bam" Aquino IV: So

3109
01:44:57,920 --> 01:44:58,720
Senator Paolo Benigno "Bam" Aquino IV: We're hoping

3110
01:44:58,720 --> 01:44:59,920
Senator Paolo Benigno "Bam" Aquino IV: We can work on these three

3111
01:45:00,000 --> 01:45:01,940
Senator Paolo Benigno "Bam" Aquino IV: BIR, BFP, and

3112
01:45:01,940 --> 01:45:03,980
Senator Paolo Benigno "Bam" Aquino IV: FDA to really support

3113
01:45:03,980 --> 01:45:06,020
Senator Paolo Benigno "Bam" Aquino IV: our MSMEs better. Pero maganda

3114
01:45:06,020 --> 01:45:08,160
Senator Paolo Benigno "Bam" Aquino IV: po siguro, SEC, kung meron talagang naka-assign

3115
01:45:08,160 --> 01:45:09,980
Senator Paolo Benigno "Bam" Aquino IV: na ASEC

3116
01:45:09,980 --> 01:45:11,840
Senator Paolo Benigno "Bam" Aquino IV: or USEC na

3117
01:45:11,840 --> 01:45:13,440
Senator Paolo Benigno "Bam" Aquino IV: pagating sa MSME

3118
01:45:13,440 --> 01:45:16,060
Senator Paolo Benigno "Bam" Aquino IV: protection, ay pwede po tayong

3119
01:45:16,060 --> 01:45:17,580
Senator Paolo Benigno "Bam" Aquino IV: may matuturo po talaga tayo.

3120
01:45:17,720 --> 01:45:19,120
Senator Paolo Benigno "Bam" Aquino IV: So we can talk about that separately.

3121
01:45:19,740 --> 01:45:21,200
Senator Paolo Benigno "Bam" Aquino IV: And if there needs also

3122
01:45:21,200 --> 01:45:24,000
Senator Paolo Benigno "Bam" Aquino IV: augmentation

3123
01:45:24,000 --> 01:45:26,000
Senator Paolo Benigno "Bam" Aquino IV: of budget for that effort,

3124
01:45:26,100 --> 01:45:27,340
Senator Paolo Benigno "Bam" Aquino IV: we can talk about that also.

3125
01:45:28,140 --> 01:45:29,600
Senator Paolo Benigno "Bam" Aquino IV: Third agenda ko,

3126
01:45:30,000 --> 01:45:31,900
Senator Paolo Benigno "Bam" Aquino IV: is with regard to

3127
01:45:31,900 --> 01:45:33,000
Senator Paolo Benigno "Bam" Aquino IV: industries.

3128
01:45:33,680 --> 01:45:36,300
Senator Paolo Benigno "Bam" Aquino IV: We know that the BPO industry

3129
01:45:36,300 --> 01:45:37,320
Senator Paolo Benigno "Bam" Aquino IV: and the manufacturing,

3130
01:45:39,100 --> 01:45:39,120
Senator Paolo Benigno "Bam" Aquino IV: our

3131
01:45:39,120 --> 01:45:42,420
Senator Paolo Benigno "Bam" Aquino IV: tawag dito, semiconductors

3132
01:45:42,420 --> 01:45:43,660
Senator Paolo Benigno "Bam" Aquino IV: and manufacturing

3133
01:45:43,660 --> 01:45:46,140
Senator Paolo Benigno "Bam" Aquino IV: have been supporting our

3134
01:45:46,140 --> 01:45:47,440
Senator Paolo Benigno "Bam" Aquino IV: economy for so long.

3135
01:45:48,100 --> 01:45:49,480
Senator Paolo Benigno "Bam" Aquino IV: But these industries,

3136
01:45:50,120 --> 01:45:51,860
Senator Paolo Benigno "Bam" Aquino IV: I feel, are also at risk.

3137
01:45:52,940 --> 01:45:53,340
Senator Paolo Benigno "Bam" Aquino IV: So,

3138
01:45:53,740 --> 01:45:56,140
Senator Paolo Benigno "Bam" Aquino IV: pagating sa BPO

3139
01:45:56,140 --> 01:45:58,180
Senator Paolo Benigno "Bam" Aquino IV: industry natin, and we've had

3140
01:45:58,180 --> 01:45:59,980
Senator Paolo Benigno "Bam" Aquino IV: hearings on this also, although the ICT

3141
01:45:59,980 --> 01:46:01,840
Senator Paolo Benigno "Bam" Aquino IV: yung masumaharap doon,

3142
01:46:01,920 --> 01:46:03,260
Senator Paolo Benigno "Bam" Aquino IV: I'm sure concern nyo rin naman to,

3143
01:46:03,780 --> 01:46:06,000
Senator Paolo Benigno "Bam" Aquino IV: is that we need to make sure

3144
01:46:06,000 --> 01:46:07,520
Senator Paolo Benigno "Bam" Aquino IV: our BPO industry doesn't fail.

3145
01:46:08,080 --> 01:46:10,280
Senator Paolo Benigno "Bam" Aquino IV: Because they're a huge part of our economy.

3146
01:46:11,080 --> 01:46:11,300
Senator Paolo Benigno "Bam" Aquino IV: And

3147
01:46:11,300 --> 01:46:13,780
Senator Paolo Benigno "Bam" Aquino IV: I don't know if in your feed,

3148
01:46:13,780 --> 01:46:15,820
Senator Paolo Benigno "Bam" Aquino IV: ang lumalabas sa feed natin ngayon

3149
01:46:15,820 --> 01:46:17,820
Senator Paolo Benigno "Bam" Aquino IV: is that the AI

3150
01:46:17,820 --> 01:46:19,680
Senator Paolo Benigno "Bam" Aquino IV: is developing

3151
01:46:19,680 --> 01:46:21,400
Senator Paolo Benigno "Bam" Aquino IV: faster than everybody expected.

3152
01:46:22,260 --> 01:46:23,840
Senator Paolo Benigno "Bam" Aquino IV: And the first layer

3153
01:46:23,840 --> 01:46:25,360
Senator Paolo Benigno "Bam" Aquino IV: there would really be the

3154
01:46:25,360 --> 01:46:26,280
Senator Paolo Benigno "Bam" Aquino IV: low-level,

3155
01:46:27,000 --> 01:46:29,720
Senator Paolo Benigno "Bam" Aquino IV: lower-level work in the

3156
01:46:29,720 --> 01:46:31,460
Senator Paolo Benigno "Bam" Aquino IV: BPO industry. But that's also

3157
01:46:31,460 --> 01:46:32,860
Senator Paolo Benigno "Bam" Aquino IV: the majority of the jobs.

3158
01:46:33,720 --> 01:46:35,680
Senator Paolo Benigno "Bam" Aquino IV: So, I hope that

3159
01:46:35,680 --> 01:46:37,720
Senator Paolo Benigno "Bam" Aquino IV: alongside the ICT

3160
01:46:37,720 --> 01:46:39,300
Senator Paolo Benigno "Bam" Aquino IV: and maybe DOLE

3161
01:46:39,300 --> 01:46:41,600
Senator Paolo Benigno "Bam" Aquino IV: or other agencies, I hope nag-uusap

3162
01:46:41,600 --> 01:46:43,600
Senator Paolo Benigno "Bam" Aquino IV: na kayo, Sec, on how to support

3163
01:46:43,600 --> 01:46:44,940
Senator Paolo Benigno "Bam" Aquino IV: our BPO industry.

3164
01:46:45,580 --> 01:46:47,660
Senator Paolo Benigno "Bam" Aquino IV: Kasi yung upskilling, ang tagal rin lumabas.

3165
01:46:47,780 --> 01:46:49,520
Senator Paolo Benigno "Bam" Aquino IV: Diba, napondohan na yan last year.

3166
01:46:50,060 --> 01:46:51,720
Senator Paolo Benigno "Bam" Aquino IV: Hindi rin naman nangyari yung mga programa.

3167
01:46:53,720 --> 01:46:55,900
Senator Paolo Benigno "Bam" Aquino IV: And I'm

3168
01:46:55,900 --> 01:46:57,780
Senator Paolo Benigno "Bam" Aquino IV: raising the concern that

3169
01:46:57,780 --> 01:46:59,600
Senator Paolo Benigno "Bam" Aquino IV: even if 10%

3170
01:46:59,600 --> 01:47:01,680
Senator Paolo Benigno "Bam" Aquino IV: of that industry shrinks,

3171
01:47:02,140 --> 01:47:03,980
Senator Paolo Benigno "Bam" Aquino IV: that's about 100,000

3172
01:47:03,980 --> 01:47:05,640
Senator Paolo Benigno "Bam" Aquino IV: to 200,000 jobs.

3173
01:47:05,880 --> 01:47:07,640
Senator Paolo Benigno "Bam" Aquino IV: So, any type of

3174
01:47:07,640 --> 01:47:09,520
Senator Paolo Benigno "Bam" Aquino IV: shrinkage for the BPO

3175
01:47:09,520 --> 01:47:11,780
Senator Paolo Benigno "Bam" Aquino IV: and semiconductors will be

3176
01:47:11,780 --> 01:47:13,280
Senator Paolo Benigno "Bam" Aquino IV: devastating for us.

3177
01:47:13,680 --> 01:47:15,180
Senator Paolo Benigno "Bam" Aquino IV: So, napag-uusapan nyo ba yan, Sec,

3178
01:47:15,460 --> 01:47:17,640
Senator Paolo Benigno "Bam" Aquino IV: sa cabinet or sa inyong mga

3179
01:47:17,640 --> 01:47:19,660
Senator Paolo Benigno "Bam" Aquino IV: sekretaris na kung paano

3180
01:47:19,660 --> 01:47:21,420
Senator Paolo Benigno "Bam" Aquino IV: maprotektahan at matulungan yung ating

3181
01:47:21,420 --> 01:47:23,420
Senator Paolo Benigno "Bam" Aquino IV: BPO industry? On the record,

3182
01:47:23,600 --> 01:47:24,640
Senator Paolo Benigno "Bam" Aquino IV: please. On the mic, please.

3183
01:47:25,620 --> 01:47:27,400
DTI Secretary Maria Cristina Aldeguer-Roque: Yes, Honorable Chair.

3184
01:47:27,700 --> 01:47:29,420
DTI Secretary Maria Cristina Aldeguer-Roque: Actually, in this office,

3185
01:47:29,600 --> 01:47:30,980
DTI Secretary Maria Cristina Aldeguer-Roque: Office of the Secretary, we have

3186
01:47:30,980 --> 01:47:33,560
DTI Secretary Maria Cristina Aldeguer-Roque: a department there that's a special

3187
01:47:33,560 --> 01:47:35,740
DTI Secretary Maria Cristina Aldeguer-Roque: concern. So, we assign now one person.

3188
01:47:35,860 --> 01:47:37,580
DTI Secretary Maria Cristina Aldeguer-Roque: Like, now we have one person

3189
01:47:37,580 --> 01:47:39,000
DTI Secretary Maria Cristina Aldeguer-Roque: that's assigned to the semiconductor.

3190
01:47:39,440 --> 01:47:41,540
DTI Secretary Maria Cristina Aldeguer-Roque: So, all they do is to really check all the

3191
01:47:41,540 --> 01:47:43,680
DTI Secretary Maria Cristina Aldeguer-Roque: semiconductors. Kaso, we just started it.

3192
01:47:43,980 --> 01:47:45,260
DTI Secretary Maria Cristina Aldeguer-Roque: So, the

3193
01:47:45,260 --> 01:47:47,480
DTI Secretary Maria Cristina Aldeguer-Roque: lady will come in on October.

3194
01:47:48,040 --> 01:47:49,540
DTI Secretary Maria Cristina Aldeguer-Roque: So, we plan also

3195
01:47:49,540 --> 01:47:52,020
DTI Secretary Maria Cristina Aldeguer-Roque: yung AI. Then, all the big industries,

3196
01:47:52,540 --> 01:47:53,840
DTI Secretary Maria Cristina Aldeguer-Roque: maglalagay kami ng tao.

3197
01:47:54,000 --> 01:47:55,880
DTI Secretary Maria Cristina Aldeguer-Roque: So, yung concerns lang talaga nila.

3198
01:47:56,160 --> 01:47:57,720
DTI Secretary Maria Cristina Aldeguer-Roque: Not just within the

3199
01:47:57,720 --> 01:47:59,480
DTI Secretary Maria Cristina Aldeguer-Roque: industry, but also we work closely.

3200
01:47:59,600 --> 01:48:01,580
DTI Secretary Maria Cristina Aldeguer-Roque: We'd be second sa Private Sector Advisory

3201
01:48:01,580 --> 01:48:03,840
DTI Secretary Maria Cristina Aldeguer-Roque: Council. So, magkakaroon

3202
01:48:03,840 --> 01:48:05,600
DTI Secretary Maria Cristina Aldeguer-Roque: ng focal person, both

3203
01:48:05,600 --> 01:48:07,640
DTI Secretary Maria Cristina Aldeguer-Roque: for the semiconductors and BPO.

3204
01:48:08,500 --> 01:48:08,720
Senator Paolo Benigno "Bam" Aquino IV: Okay.

3205
01:48:10,800 --> 01:48:11,400
Senator Paolo Benigno "Bam" Aquino IV: Yes.

3206
01:48:11,980 --> 01:48:13,620
Senator Paolo Benigno "Bam" Aquino IV: Well, si AI kasi

3207
01:48:13,620 --> 01:48:15,640
Senator Paolo Benigno "Bam" Aquino IV: is connected to everything, diba?

3208
01:48:15,780 --> 01:48:16,420
Senator Paolo Benigno "Bam" Aquino IV: Parang it's

3209
01:48:16,420 --> 01:48:19,000
Senator Paolo Benigno "Bam" Aquino IV: really connected to all. But,

3210
01:48:19,340 --> 01:48:21,580
Senator Paolo Benigno "Bam" Aquino IV: specifically, between the BPO

3211
01:48:21,580 --> 01:48:23,340
Senator Paolo Benigno "Bam" Aquino IV: and the semiconductors

3212
01:48:23,340 --> 01:48:25,340
Senator Paolo Benigno "Bam" Aquino IV: and our remittances, yun yung tatlong

3213
01:48:25,340 --> 01:48:27,420
Senator Paolo Benigno "Bam" Aquino IV: pillars ng ekonomiya natin, diba?

3214
01:48:27,740 --> 01:48:29,400
Senator Paolo Benigno "Bam" Aquino IV: If one falls, everything falls.

3215
01:48:29,600 --> 01:48:31,540
Senator Paolo Benigno "Bam" Aquino IV: So, with regard to

3216
01:48:31,540 --> 01:48:33,540
Senator Paolo Benigno "Bam" Aquino IV: the BPO industry, who among

3217
01:48:33,540 --> 01:48:35,600
Senator Paolo Benigno "Bam" Aquino IV: your ASECs and USECs are assigned

3218
01:48:35,600 --> 01:48:37,620
Senator Paolo Benigno "Bam" Aquino IV: to take care of the BPO industry?

3219
01:48:40,480 --> 01:48:41,560
DTI Secretary Maria Cristina Aldeguer-Roque: Now, it's under

3220
01:48:41,560 --> 01:48:42,420
DTI Secretary Maria Cristina Aldeguer-Roque: Usec Perry.

3221
01:48:44,080 --> 01:48:45,680
Senator Paolo Benigno "Bam" Aquino IV: Usec Perry, may mga tanong rin ako

3222
01:48:45,680 --> 01:48:46,640
Senator Paolo Benigno "Bam" Aquino IV: sa Pax Silica mamaya.

3223
01:48:47,040 --> 01:48:51,460
Senator Paolo Benigno "Bam" Aquino IV: But, with regard to the BPO,

3224
01:48:51,600 --> 01:48:53,460
Senator Paolo Benigno "Bam" Aquino IV: whom you've worked with also for a long time,

3225
01:48:54,880 --> 01:48:55,780
Senator Paolo Benigno "Bam" Aquino IV: I hope you can,

3226
01:48:56,100 --> 01:48:57,740
Senator Paolo Benigno "Bam" Aquino IV: we can, our office can join, you know.

3227
01:48:57,740 --> 01:48:57,940
Senator Paolo Benigno "Bam" Aquino IV: But,

3228
01:48:59,600 --> 01:49:00,840
Senator Paolo Benigno "Bam" Aquino IV: I'm worried that

3229
01:49:00,840 --> 01:49:03,820
Senator Paolo Benigno "Bam" Aquino IV: they're in denial

3230
01:49:03,820 --> 01:49:05,860
Senator Paolo Benigno "Bam" Aquino IV: about where

3231
01:49:05,860 --> 01:49:06,840
Senator Paolo Benigno "Bam" Aquino IV: the sector is headed.

3232
01:49:07,680 --> 01:49:08,000
Senator Paolo Benigno "Bam" Aquino IV: You know?

3233
01:49:09,200 --> 01:49:11,880
Senator Paolo Benigno "Bam" Aquino IV: Kasi they will always say, no, the sector is still growing.

3234
01:49:12,660 --> 01:49:13,780
Senator Paolo Benigno "Bam" Aquino IV: It's growing net.

3235
01:49:14,340 --> 01:49:15,500
Senator Paolo Benigno "Bam" Aquino IV: Pero, per subsector,

3236
01:49:15,880 --> 01:49:17,840
Senator Paolo Benigno "Bam" Aquino IV: certain subsectors are already shrinking.

3237
01:49:18,540 --> 01:49:20,040
Senator Paolo Benigno "Bam" Aquino IV: Diba? So, the growth

3238
01:49:20,040 --> 01:49:21,920
Senator Paolo Benigno "Bam" Aquino IV: presumes na kaya natin

3239
01:49:21,920 --> 01:49:23,700
Senator Paolo Benigno "Bam" Aquino IV: mag-upskill kasi the growth is in higher

3240
01:49:23,700 --> 01:49:24,260
Senator Paolo Benigno "Bam" Aquino IV: order

3241
01:49:24,260 --> 01:49:27,640
Senator Paolo Benigno "Bam" Aquino IV: skills, diba? So, it presumes na

3242
01:49:27,640 --> 01:49:29,580
Senator Paolo Benigno "Bam" Aquino IV: meron tayong enough workers,

3243
01:49:29,600 --> 01:49:31,860
Senator Paolo Benigno "Bam" Aquino IV: and enough people that we have trained or upskilled

3244
01:49:31,860 --> 01:49:33,100
Senator Paolo Benigno "Bam" Aquino IV: to take on those jobs.

3245
01:49:33,580 --> 01:49:34,920
Senator Paolo Benigno "Bam" Aquino IV: But, it also

3246
01:49:34,920 --> 01:49:37,740
Senator Paolo Benigno "Bam" Aquino IV: shows that those

3247
01:49:37,740 --> 01:49:39,660
Senator Paolo Benigno "Bam" Aquino IV: that will lose their jobs are not necessarily

3248
01:49:39,660 --> 01:49:41,560
Senator Paolo Benigno "Bam" Aquino IV: the people who will gain the jobs.

3249
01:49:42,200 --> 01:49:43,780
Senator Paolo Benigno "Bam" Aquino IV: So, kahit sabihin mo nang the sector

3250
01:49:43,780 --> 01:49:45,800
Senator Paolo Benigno "Bam" Aquino IV: as a whole is growing, or

3251
01:49:45,800 --> 01:49:48,040
Senator Paolo Benigno "Bam" Aquino IV: lumalaki pa rin siya,

3252
01:49:48,440 --> 01:49:49,560
Senator Paolo Benigno "Bam" Aquino IV: yung nawawala ng trabaho

3253
01:49:49,560 --> 01:49:52,020
Senator Paolo Benigno "Bam" Aquino IV: per subsector is not necessarily

3254
01:49:52,020 --> 01:49:53,620
Senator Paolo Benigno "Bam" Aquino IV: the same set of people.

3255
01:49:53,940 --> 01:49:55,060
Senator Paolo Benigno "Bam" Aquino IV: Gets mo ko, USEC, no?

3256
01:49:55,440 --> 01:49:57,680
Senator Paolo Benigno "Bam" Aquino IV: So, even if you say, o sige, as a whole

3257
01:49:57,680 --> 01:49:59,140
Senator Paolo Benigno "Bam" Aquino IV: lumalaki siya, we're still looking at,

3258
01:49:59,600 --> 01:50:01,660
Senator Paolo Benigno "Bam" Aquino IV: you know, thousands of jobs that might be lost.

3259
01:50:02,260 --> 01:50:03,620
Senator Paolo Benigno "Bam" Aquino IV: And ano yung plano,

3260
01:50:03,880 --> 01:50:05,620
Senator Paolo Benigno "Bam" Aquino IV: ano yung programa, ano yung

3261
01:50:05,620 --> 01:50:07,780
Senator Paolo Benigno "Bam" Aquino IV: gagawin para sa mga mawawala ng trabaho

3262
01:50:07,780 --> 01:50:09,360
Senator Paolo Benigno "Bam" Aquino IV: in that sector? Because

3263
01:50:09,360 --> 01:50:11,780
Senator Paolo Benigno "Bam" Aquino IV: for the past decade, that's the new

3264
01:50:11,780 --> 01:50:13,060
Senator Paolo Benigno "Bam" Aquino IV: middle class of the Philippines.

3265
01:50:13,660 --> 01:50:15,920
Senator Paolo Benigno "Bam" Aquino IV: Kapag may shrinkage tayo in any of these sectors,

3266
01:50:16,460 --> 01:50:18,080
Senator Paolo Benigno "Bam" Aquino IV: it's going to be

3267
01:50:18,080 --> 01:50:19,940
Senator Paolo Benigno "Bam" Aquino IV: it's devastating

3268
01:50:19,940 --> 01:50:21,940
Senator Paolo Benigno "Bam" Aquino IV: for that family and as a whole also.

3269
01:50:22,440 --> 01:50:23,960
Senator Paolo Benigno "Bam" Aquino IV: And much more, if you look at it

3270
01:50:23,960 --> 01:50:25,800
Senator Paolo Benigno "Bam" Aquino IV: rin on a localized level, because we

3271
01:50:25,800 --> 01:50:27,820
Senator Paolo Benigno "Bam" Aquino IV: have a lot of BPOs in our next wave

3272
01:50:27,820 --> 01:50:29,040
Senator Paolo Benigno "Bam" Aquino IV: cities, kunyari,

3273
01:50:29,600 --> 01:50:31,660
Senator Paolo Benigno "Bam" Aquino IV: saray yung dalawang BPO

3274
01:50:31,660 --> 01:50:33,580
Senator Paolo Benigno "Bam" Aquino IV: in Iloilo or tatlong BPO sa

3275
01:50:33,580 --> 01:50:35,460
Senator Paolo Benigno "Bam" Aquino IV: Baguio, for that city,

3276
01:50:35,880 --> 01:50:36,980
Senator Paolo Benigno "Bam" Aquino IV: it will be tremendous.

3277
01:50:37,540 --> 01:50:39,440
Senator Paolo Benigno "Bam" Aquino IV: Even as a whole, it may not be

3278
01:50:39,440 --> 01:50:41,320
Senator Paolo Benigno "Bam" Aquino IV: as large, but for that particular

3279
01:50:41,320 --> 01:50:43,440
Senator Paolo Benigno "Bam" Aquino IV: locality, laking bagay niyan,

3280
01:50:43,540 --> 01:50:45,480
Senator Paolo Benigno "Bam" Aquino IV: di ba? So, are we

3281
01:50:45,480 --> 01:50:47,660
Senator Paolo Benigno "Bam" Aquino IV: already starting the talks

3282
01:50:47,660 --> 01:50:49,540
Senator Paolo Benigno "Bam" Aquino IV: with them? And because

3283
01:50:49,540 --> 01:50:51,460
Senator Paolo Benigno "Bam" Aquino IV: honestly, I met with them maybe

3284
01:50:51,460 --> 01:50:53,740
Senator Paolo Benigno "Bam" Aquino IV: seven months ago, and the development

3285
01:50:53,740 --> 01:50:55,600
Senator Paolo Benigno "Bam" Aquino IV: of AI from then until now

3286
01:50:55,600 --> 01:50:57,380
Senator Paolo Benigno "Bam" Aquino IV: has been tremendous also, no?

3287
01:50:57,460 --> 01:50:59,540
Senator Paolo Benigno "Bam" Aquino IV: Sige po. Thank you.

3288
01:50:59,600 --> 01:51:01,520
DTI Undersecretary Ceferino S. Rodolfo: So, Honorable Chair, yes, sir,

3289
01:51:01,580 --> 01:51:03,140
DTI Undersecretary Ceferino S. Rodolfo: nag-uusap na ho tayo,

3290
01:51:03,680 --> 01:51:05,300
DTI Undersecretary Ceferino S. Rodolfo: lalo na din, sir, with

3291
01:51:05,300 --> 01:51:07,340
DTI Undersecretary Ceferino S. Rodolfo: TESDA, with

3292
01:51:07,340 --> 01:51:09,240
DTI Undersecretary Ceferino S. Rodolfo: pamong government, sir, with TESDA

3293
01:51:09,240 --> 01:51:11,580
DTI Undersecretary Ceferino S. Rodolfo: and CHED, tapos,

3294
01:51:11,680 --> 01:51:13,640
DTI Undersecretary Ceferino S. Rodolfo: sir, with the industry, sir, kila

3295
01:51:13,640 --> 01:51:15,720
DTI Undersecretary Ceferino S. Rodolfo: Celeste, yung

3296
01:51:15,720 --> 01:51:17,220
DTI Undersecretary Ceferino S. Rodolfo: bagong presidente, sir, ngayon

3297
01:51:17,220 --> 01:51:19,500
DTI Undersecretary Ceferino S. Rodolfo: ng IBPAP. Si Jack,

3298
01:51:19,600 --> 01:51:21,320
DTI Undersecretary Ceferino S. Rodolfo: di ba? O nina si Jack? Hindi na po si

3299
01:51:21,320 --> 01:51:23,380
Senator Paolo Benigno "Bam" Aquino IV: Celeste. Celeste na, okay.

3300
01:51:23,560 --> 01:51:25,740
DTI Undersecretary Ceferino S. Rodolfo: They're the same people we've worked with for 20 years,

3301
01:51:25,820 --> 01:51:26,760
DTI Undersecretary Ceferino S. Rodolfo: di ba? Oo.

3302
01:51:26,760 --> 01:51:26,880
Senator Paolo Benigno "Bam" Aquino IV: Oo.

3303
01:51:29,600 --> 01:51:31,600
Senator Paolo Benigno "Bam" Aquino IV: Well, I think we need to put extra

3304
01:51:31,600 --> 01:51:33,560
Senator Paolo Benigno "Bam" Aquino IV: focus here because things could

3305
01:51:33,560 --> 01:51:35,400
Senator Paolo Benigno "Bam" Aquino IV: happen very fast, you know?

3306
01:51:36,580 --> 01:51:37,680
Senator Paolo Benigno "Bam" Aquino IV: Pusibing domino yan,

3307
01:51:37,800 --> 01:51:39,520
Senator Paolo Benigno "Bam" Aquino IV: eh. Di ba? One company

3308
01:51:39,520 --> 01:51:41,600
Senator Paolo Benigno "Bam" Aquino IV: leaves, then magtuloy-tuloy yan.

3309
01:51:42,240 --> 01:51:42,480
Senator Paolo Benigno "Bam" Aquino IV: So,

3310
01:51:43,680 --> 01:51:45,640
Senator Paolo Benigno "Bam" Aquino IV: the TESDA

3311
01:51:45,640 --> 01:51:47,220
Senator Paolo Benigno "Bam" Aquino IV: and the DICT programs,

3312
01:51:47,500 --> 01:51:49,600
Senator Paolo Benigno "Bam" Aquino IV: has it been launched? I don't think it's even launched

3313
01:51:49,600 --> 01:51:51,520
Senator Paolo Benigno "Bam" Aquino IV: yet, di ba? We've been talking about that for more

3314
01:51:51,520 --> 01:51:52,520
Senator Paolo Benigno "Bam" Aquino IV: than a year already.

3315
01:51:52,520 --> 01:51:53,460
DTI Undersecretary Ceferino S. Rodolfo: Yes, sir. Although

3316
01:51:53,460 --> 01:51:54,160
DTI Undersecretary Ceferino S. Rodolfo: may mga,

3317
01:51:54,880 --> 01:51:57,720
DTI Undersecretary Ceferino S. Rodolfo: alimbawa, sir, sa BOI,

3318
01:51:57,860 --> 01:51:59,560
DTI Undersecretary Ceferino S. Rodolfo: may mga nakapag-register,

3319
01:51:59,600 --> 01:52:01,540
DTI Undersecretary Ceferino S. Rodolfo: na, sir, na mga dalawang kompanya

3320
01:52:01,540 --> 01:52:02,820
DTI Undersecretary Ceferino S. Rodolfo: to offer

3321
01:52:02,820 --> 01:52:05,820
DTI Undersecretary Ceferino S. Rodolfo: AI-related training services

3322
01:52:05,820 --> 01:52:07,880
DTI Undersecretary Ceferino S. Rodolfo: for, not just for BPO's,

3323
01:52:07,940 --> 01:52:09,500
DTI Undersecretary Ceferino S. Rodolfo: but in general, sir. So,

3324
01:52:09,580 --> 01:52:11,460
DTI Undersecretary Ceferino S. Rodolfo: meron na tayong mga nakakakita who are

3325
01:52:11,460 --> 01:52:13,360
DTI Undersecretary Ceferino S. Rodolfo: able to tap into the

3326
01:52:13,360 --> 01:52:15,380
DTI Undersecretary Ceferino S. Rodolfo: EBIT funds. So,

3327
01:52:15,640 --> 01:52:17,260
DTI Undersecretary Ceferino S. Rodolfo: meron na, sir. So, kailangan lang

3328
01:52:17,260 --> 01:52:19,040
DTI Undersecretary Ceferino S. Rodolfo: ipokbilisan, sir.

3329
01:52:19,640 --> 01:52:21,260
Senator Paolo Benigno "Bam" Aquino IV: Yeah. Meron rin ano yan, ha?

3330
01:52:21,280 --> 01:52:22,620
Senator Paolo Benigno "Bam" Aquino IV: Meron rin, um,

3331
01:52:23,860 --> 01:52:25,760
Senator Paolo Benigno "Bam" Aquino IV: you know, certain realities.

3332
01:52:26,200 --> 01:52:27,680
Senator Paolo Benigno "Bam" Aquino IV: Di ba? Certain realities

3333
01:52:27,680 --> 01:52:29,580
Senator Paolo Benigno "Bam" Aquino IV: that we need to face. Kasi the worst,

3334
01:52:29,580 --> 01:52:30,580
Senator Paolo Benigno "Bam" Aquino IV: part is, if

3335
01:52:30,580 --> 01:52:33,600
Senator Paolo Benigno "Bam" Aquino IV: we're just in denial of these things that are

3336
01:52:33,600 --> 01:52:35,580
Senator Paolo Benigno "Bam" Aquino IV: possibly happening. So, if you're in denial, you're

3337
01:52:35,580 --> 01:52:37,660
Senator Paolo Benigno "Bam" Aquino IV: also not preparing, di ba? Because

3338
01:52:37,660 --> 01:52:39,380
Senator Paolo Benigno "Bam" Aquino IV: the answer could simply be

3339
01:52:39,380 --> 01:52:41,700
Senator Paolo Benigno "Bam" Aquino IV: there's a set of

3340
01:52:41,700 --> 01:52:43,160
Senator Paolo Benigno "Bam" Aquino IV: skills that we need to

3341
01:52:43,160 --> 01:52:45,340
Senator Paolo Benigno "Bam" Aquino IV: take on the

3342
01:52:45,340 --> 01:52:47,480
Senator Paolo Benigno "Bam" Aquino IV: other jobs, no?

3343
01:52:47,740 --> 01:52:49,520
Senator Paolo Benigno "Bam" Aquino IV: In the business process outsourcing,

3344
01:52:49,660 --> 01:52:51,320
Senator Paolo Benigno "Bam" Aquino IV: which will be AI-enabled.

3345
01:52:51,900 --> 01:52:53,760
Senator Paolo Benigno "Bam" Aquino IV: And there are certain jobs which will

3346
01:52:53,760 --> 01:52:55,760
Senator Paolo Benigno "Bam" Aquino IV: go away,

3347
01:52:56,080 --> 01:52:57,040
Senator Paolo Benigno "Bam" Aquino IV: di ba? So,

3348
01:52:57,040 --> 01:52:59,040
Senator Paolo Benigno "Bam" Aquino IV: we need to

3349
01:52:59,580 --> 01:53:01,380
Senator Paolo Benigno "Bam" Aquino IV: have programs for them. And the answer may not

3350
01:53:01,380 --> 01:53:03,300
Senator Paolo Benigno "Bam" Aquino IV: necessarily be also in the BPO

3351
01:53:03,300 --> 01:53:05,060
Senator Paolo Benigno "Bam" Aquino IV: industry, di ba? So,

3352
01:53:05,840 --> 01:53:07,480
Senator Paolo Benigno "Bam" Aquino IV: we need to

3353
01:53:07,480 --> 01:53:09,320
Senator Paolo Benigno "Bam" Aquino IV: get everybody on board because

3354
01:53:09,320 --> 01:53:11,480
Senator Paolo Benigno "Bam" Aquino IV: if this, if we just allow it

3355
01:53:11,480 --> 01:53:13,520
Senator Paolo Benigno "Bam" Aquino IV: to happen, tapos nangyari na siya,

3356
01:53:13,800 --> 01:53:15,460
Senator Paolo Benigno "Bam" Aquino IV: it's gonna be devastating. We need to

3357
01:53:15,460 --> 01:53:17,520
Senator Paolo Benigno "Bam" Aquino IV: be able to have some level of

3358
01:53:17,520 --> 01:53:18,760
Senator Paolo Benigno "Bam" Aquino IV: preparation and budget,

3359
01:53:19,100 --> 01:53:21,540
Senator Paolo Benigno "Bam" Aquino IV: you know, for this. We budgeted

3360
01:53:21,540 --> 01:53:22,740
Senator Paolo Benigno "Bam" Aquino IV: the upskilling,

3361
01:53:23,660 --> 01:53:25,460
Senator Paolo Benigno "Bam" Aquino IV: some of it went to the ICT,

3362
01:53:25,580 --> 01:53:27,460
Senator Paolo Benigno "Bam" Aquino IV: some of it went to TESTA. My understanding is that

3363
01:53:27,460 --> 01:53:29,540
Senator Paolo Benigno "Bam" Aquino IV: those programs haven't really launched,

3364
01:53:29,580 --> 01:53:31,400
Senator Paolo Benigno "Bam" Aquino IV: to the level that they need to be

3365
01:53:31,400 --> 01:53:32,980
Senator Paolo Benigno "Bam" Aquino IV: launched at, no? So,

3366
01:53:33,840 --> 01:53:35,380
Senator Paolo Benigno "Bam" Aquino IV: can we, you know, maybe before

3367
01:53:35,380 --> 01:53:37,560
Senator Paolo Benigno "Bam" Aquino IV: the plenary, if you can give us a report

3368
01:53:37,560 --> 01:53:38,780
Senator Paolo Benigno "Bam" Aquino IV: on where things are.

3369
01:53:39,380 --> 01:53:41,200
Senator Paolo Benigno "Bam" Aquino IV: Because if I'm not mistaken, it was DTI

3370
01:53:41,200 --> 01:53:43,440
Senator Paolo Benigno "Bam" Aquino IV: that birthed the BPO industry,

3371
01:53:43,620 --> 01:53:45,000
Senator Paolo Benigno "Bam" Aquino IV: right? Wala naman DICT nun.

3372
01:53:45,640 --> 01:53:47,400
Senator Paolo Benigno "Bam" Aquino IV: DOST was doing other things. It was really

3373
01:53:47,400 --> 01:53:49,520
Senator Paolo Benigno "Bam" Aquino IV: DTI in the early 2000s,

3374
01:53:49,580 --> 01:53:51,160
Senator Paolo Benigno "Bam" Aquino IV: if I'm not mistaken, di ba? So,

3375
01:53:51,400 --> 01:53:53,780
Senator Paolo Benigno "Bam" Aquino IV: narapat lang na kayo rin yung mag-aalaga

3376
01:53:53,780 --> 01:53:55,500
Senator Paolo Benigno "Bam" Aquino IV: to make sure that this industry is alive

3377
01:53:55,500 --> 01:53:57,240
Senator Paolo Benigno "Bam" Aquino IV: and well, no? Moving forward.

3378
01:53:57,240 --> 01:53:58,300
Senator Paolo Benigno "Bam" Aquino IV: Secretary?

3379
01:53:58,300 --> 01:53:59,260
DTI Secretary Maria Cristina Aldeguer-Roque: Yes, Honorable Chair.

3380
01:53:59,580 --> 01:54:01,340
DTI Secretary Maria Cristina Aldeguer-Roque: Really, you're correct, no? I just spoke

3381
01:54:01,340 --> 01:54:03,280
DTI Secretary Maria Cristina Aldeguer-Roque: also about a month ago

3382
01:54:03,280 --> 01:54:05,180
DTI Secretary Maria Cristina Aldeguer-Roque: with BPO, and

3383
01:54:05,180 --> 01:54:07,720
DTI Secretary Maria Cristina Aldeguer-Roque: for them, they've increased by 5%.

3384
01:54:07,720 --> 01:54:09,600
DTI Secretary Maria Cristina Aldeguer-Roque: So, I said, oh, that's good. And then

3385
01:54:09,600 --> 01:54:11,500
DTI Secretary Maria Cristina Aldeguer-Roque: what will happen to those? And they said, they're

3386
01:54:11,500 --> 01:54:13,100
DTI Secretary Maria Cristina Aldeguer-Roque: preparing for that. But you're

3387
01:54:13,100 --> 01:54:15,520
DTI Secretary Maria Cristina Aldeguer-Roque: also correct that those that will

3388
01:54:15,520 --> 01:54:17,580
DTI Secretary Maria Cristina Aldeguer-Roque: be affected may not be able to

3389
01:54:17,580 --> 01:54:19,660
DTI Secretary Maria Cristina Aldeguer-Roque: go back to the BPO industry anymore.

3390
01:54:19,880 --> 01:54:21,600
DTI Secretary Maria Cristina Aldeguer-Roque: So, may, and when I spoke to the

3391
01:54:21,600 --> 01:54:23,640
DTI Secretary Maria Cristina Aldeguer-Roque: private sector about what

3392
01:54:23,640 --> 01:54:25,420
DTI Secretary Maria Cristina Aldeguer-Roque: moves can we do for them,

3393
01:54:25,780 --> 01:54:27,520
DTI Secretary Maria Cristina Aldeguer-Roque: and then they said, you need to encourage

3394
01:54:27,520 --> 01:54:29,560
DTI Secretary Maria Cristina Aldeguer-Roque: them to become small and medium.

3395
01:54:29,580 --> 01:54:31,640
DTI Secretary Maria Cristina Aldeguer-Roque: Mag-negosyo sila. So, we can

3396
01:54:31,640 --> 01:54:33,700
DTI Secretary Maria Cristina Aldeguer-Roque: prepare them. So, those who will

3397
01:54:33,700 --> 01:54:35,080
DTI Secretary Maria Cristina Aldeguer-Roque: not go back to the BPO

3398
01:54:35,080 --> 01:54:37,280
DTI Secretary Maria Cristina Aldeguer-Roque: anymore, but they

3399
01:54:37,280 --> 01:54:39,620
DTI Secretary Maria Cristina Aldeguer-Roque: have other opportunities in the

3400
01:54:39,620 --> 01:54:41,540
DTI Secretary Maria Cristina Aldeguer-Roque: mag-negosyo. So,

3401
01:54:41,920 --> 01:54:43,580
DTI Secretary Maria Cristina Aldeguer-Roque: we can encourage them to do that.

3402
01:54:43,680 --> 01:54:45,400
DTI Secretary Maria Cristina Aldeguer-Roque: Although, there are

3403
01:54:45,400 --> 01:54:47,440
DTI Secretary Maria Cristina Aldeguer-Roque: investors that come in, still

3404
01:54:47,440 --> 01:54:49,580
DTI Secretary Maria Cristina Aldeguer-Roque: in the BPO, but let's say sa teleconsult,

3405
01:54:50,320 --> 01:54:51,160
DTI Secretary Maria Cristina Aldeguer-Roque: yung sa healthcare.

3406
01:54:51,780 --> 01:54:53,680
DTI Secretary Maria Cristina Aldeguer-Roque: So, those are the ones that we've been

3407
01:54:53,680 --> 01:54:55,440
DTI Secretary Maria Cristina Aldeguer-Roque: talking to lately

3408
01:54:55,440 --> 01:54:57,780
DTI Secretary Maria Cristina Aldeguer-Roque: because they want the Philippine market,

3409
01:54:57,780 --> 01:54:59,380
DTI Secretary Maria Cristina Aldeguer-Roque: which is almost

3410
01:54:59,580 --> 01:55:01,800
DTI Secretary Maria Cristina Aldeguer-Roque: P115 million, and then they want to use

3411
01:55:01,800 --> 01:55:03,740
DTI Secretary Maria Cristina Aldeguer-Roque: the digital space to reach

3412
01:55:03,740 --> 01:55:05,800
DTI Secretary Maria Cristina Aldeguer-Roque: out to yung nagkukonsulta

3413
01:55:05,800 --> 01:55:07,520
DTI Secretary Maria Cristina Aldeguer-Roque: din. So, those who cannot go to doctors

3414
01:55:07,520 --> 01:55:09,880
DTI Secretary Maria Cristina Aldeguer-Roque: and ano. So, in that industry,

3415
01:55:10,160 --> 01:55:12,220
DTI Secretary Maria Cristina Aldeguer-Roque: we can still see na may mga pumapasok,

3416
01:55:12,280 --> 01:55:13,620
DTI Secretary Maria Cristina Aldeguer-Roque: but in other sectors. So,

3417
01:55:13,920 --> 01:55:15,900
DTI Secretary Maria Cristina Aldeguer-Roque: tama po kayo na yung mga nawalan

3418
01:55:15,900 --> 01:55:17,780
DTI Secretary Maria Cristina Aldeguer-Roque: dito sa BPO because of AI

3419
01:55:17,780 --> 01:55:19,740
DTI Secretary Maria Cristina Aldeguer-Roque: that we need to provide

3420
01:55:19,740 --> 01:55:21,600
DTI Secretary Maria Cristina Aldeguer-Roque: avenues, opportunities

3421
01:55:21,600 --> 01:55:22,360
DTI Secretary Maria Cristina Aldeguer-Roque: for them.

3422
01:55:22,360 --> 01:55:23,620
Senator Paolo Benigno "Bam" Aquino IV: Tige, can we have

3423
01:55:23,620 --> 01:55:25,780
Senator Paolo Benigno "Bam" Aquino IV: some numbers? Share with us

3424
01:55:25,780 --> 01:55:27,700
Senator Paolo Benigno "Bam" Aquino IV: some numbers, yung nakadetalye, kasi

3425
01:55:27,700 --> 01:55:29,500
Senator Paolo Benigno "Bam" Aquino IV: kung overall numbers,

3426
01:55:29,580 --> 01:55:31,620
Senator Paolo Benigno "Bam" Aquino IV: lang kasi it paints a rosy picture na

3427
01:55:31,620 --> 01:55:33,360
Senator Paolo Benigno "Bam" Aquino IV: palaki pa rin tayo, but if you

3428
01:55:33,360 --> 01:55:35,760
Senator Paolo Benigno "Bam" Aquino IV: drill down, and then if you drill down

3429
01:55:35,760 --> 01:55:37,700
Senator Paolo Benigno "Bam" Aquino IV: further to localities, iba pa yun.

3430
01:55:37,880 --> 01:55:39,800
Senator Paolo Benigno "Bam" Aquino IV: So, the level of planning that we need

3431
01:55:39,800 --> 01:55:41,440
Senator Paolo Benigno "Bam" Aquino IV: to have is really at a local level.

3432
01:55:41,580 --> 01:55:43,440
Senator Paolo Benigno "Bam" Aquino IV: It's not at a sectoral level.

3433
01:55:43,860 --> 01:55:45,520
Senator Paolo Benigno "Bam" Aquino IV: Okay? Anyway, matagal naman tayo

3434
01:55:45,520 --> 01:55:47,540
Senator Paolo Benigno "Bam" Aquino IV: nagtatrabaho, Yusek. Sige, ano pa?

3435
01:55:47,700 --> 01:55:49,800
DTI Undersecretary Ceferino S. Rodolfo: Honorable Chair, kung titignan nyo nga ho

3436
01:55:49,800 --> 01:55:51,860
DTI Undersecretary Ceferino S. Rodolfo: sa IBPAP,

3437
01:55:52,440 --> 01:55:53,740
DTI Undersecretary Ceferino S. Rodolfo: meron silang forecast

3438
01:55:53,740 --> 01:55:55,580
DTI Undersecretary Ceferino S. Rodolfo: na jobs

3439
01:55:55,580 --> 01:55:57,860
DTI Undersecretary Ceferino S. Rodolfo: nasa

3440
01:55:57,860 --> 01:55:59,500
DTI Undersecretary Ceferino S. Rodolfo: lower end na po yung ina-adapt nila

3441
01:55:59,500 --> 01:56:01,520
DTI Undersecretary Ceferino S. Rodolfo: ngayon, sir, di ba? So, hindi na yung...

3442
01:56:01,520 --> 01:56:02,980
DTI Undersecretary Ceferino S. Rodolfo: So, I think there's already a

3443
01:56:02,980 --> 01:56:05,200
DTI Undersecretary Ceferino S. Rodolfo: realization also on the industry.

3444
01:56:05,580 --> 01:56:06,820
DTI Undersecretary Ceferino S. Rodolfo: We will comply, Senator.

3445
01:56:07,200 --> 01:56:09,760
Senator Paolo Benigno "Bam" Aquino IV: So, can we, and our office can join

3446
01:56:09,760 --> 01:56:11,360
Senator Paolo Benigno "Bam" Aquino IV: you if you're gonna have a roundtable

3447
01:56:11,360 --> 01:56:13,420
Senator Paolo Benigno "Bam" Aquino IV: because we want to be ahead of it.

3448
01:56:14,000 --> 01:56:14,720
Senator Paolo Benigno "Bam" Aquino IV: Usually kasi,

3449
01:56:15,720 --> 01:56:17,780
Senator Paolo Benigno "Bam" Aquino IV: ano tayo, reactive eh. We have to be ahead

3450
01:56:17,780 --> 01:56:18,980
Senator Paolo Benigno "Bam" Aquino IV: of it, honestly. It's already

3451
01:56:18,980 --> 01:56:21,440
Senator Paolo Benigno "Bam" Aquino IV: happening faster than everybody expected.

3452
01:56:21,560 --> 01:56:23,820
Senator Paolo Benigno "Bam" Aquino IV: In fact, in the US, they're calling for a slowdown already.

3453
01:56:24,500 --> 01:56:25,600
Senator Paolo Benigno "Bam" Aquino IV: Di ba? It's that

3454
01:56:25,600 --> 01:56:27,540
Senator Paolo Benigno "Bam" Aquino IV: fast that people are asking for a

3455
01:56:27,540 --> 01:56:29,220
Senator Paolo Benigno "Bam" Aquino IV: slowdown. Can you imagine that?

3456
01:56:29,500 --> 01:56:31,280
Senator Paolo Benigno "Bam" Aquino IV: Eh, tayo nga, we're not even

3457
01:56:31,280 --> 01:56:33,160
Senator Paolo Benigno "Bam" Aquino IV: really in the AI space, but we're just

3458
01:56:33,160 --> 01:56:35,140
Senator Paolo Benigno "Bam" Aquino IV: the, you know, recipients for better

3459
01:56:35,140 --> 01:56:37,180
Senator Paolo Benigno "Bam" Aquino IV: or for worse of all of these developments. Kailangan

3460
01:56:37,180 --> 01:56:38,960
Senator Paolo Benigno "Bam" Aquino IV: unahan na natin. And, of course,

3461
01:56:39,060 --> 01:56:41,200
Senator Paolo Benigno "Bam" Aquino IV: pabalik tayo sa edukasyon, di ba? Whether it's TESDA,

3462
01:56:41,360 --> 01:56:42,800
Senator Paolo Benigno "Bam" Aquino IV: going back to school, scholarships.

3463
01:56:43,340 --> 01:56:45,140
Senator Paolo Benigno "Bam" Aquino IV: If people need to be re-skilled, there has to be

3464
01:56:45,140 --> 01:56:47,060
Senator Paolo Benigno "Bam" Aquino IV: avenues for them to also

3465
01:56:47,060 --> 01:56:49,820
Senator Paolo Benigno "Bam" Aquino IV: get re-educated

3466
01:56:49,820 --> 01:56:50,900
Senator Paolo Benigno "Bam" Aquino IV: or go back to school, no?

3467
01:56:51,340 --> 01:56:52,600
Senator Paolo Benigno "Bam" Aquino IV: Okay. Pax Silica.

3468
01:56:54,840 --> 01:56:55,520
Senator Paolo Benigno "Bam" Aquino IV: There's a lot

3469
01:56:55,520 --> 01:56:56,340
Senator Paolo Benigno "Bam" Aquino IV: of confusion,

3470
01:56:56,340 --> 01:56:58,380
Senator Paolo Benigno "Bam" Aquino IV: Yusek,

3471
01:56:58,380 --> 01:57:00,620
Senator Paolo Benigno "Bam" Aquino IV: with regard to ano ba talaga

3472
01:57:00,620 --> 01:57:02,380
Senator Paolo Benigno "Bam" Aquino IV: ang, ano ba talaga yung expectation

3473
01:57:02,380 --> 01:57:03,680
Senator Paolo Benigno "Bam" Aquino IV: ng tao sa Pax Silica?

3474
01:57:04,340 --> 01:57:06,140
Senator Paolo Benigno "Bam" Aquino IV: In the hearing that we had,

3475
01:57:06,820 --> 01:57:09,180
Senator Paolo Benigno "Bam" Aquino IV: the head of,

3476
01:57:09,340 --> 01:57:10,640
Senator Paolo Benigno "Bam" Aquino IV: the president of BCDA

3477
01:57:10,640 --> 01:57:12,120
Senator Paolo Benigno "Bam" Aquino IV: said there's no

3478
01:57:12,120 --> 01:57:14,620
Senator Paolo Benigno "Bam" Aquino IV: data center or no

3479
01:57:14,620 --> 01:57:16,040
Senator Paolo Benigno "Bam" Aquino IV: hyperscale data center.

3480
01:57:16,720 --> 01:57:18,640
Senator Paolo Benigno "Bam" Aquino IV: And then later on, in another

3481
01:57:18,640 --> 01:57:19,940
Senator Paolo Benigno "Bam" Aquino IV: briefing, oh,

3482
01:57:20,540 --> 01:57:22,660
Senator Paolo Benigno "Bam" Aquino IV: mukhang meron na namang data center.

3483
01:57:23,580 --> 01:57:25,040
Senator Paolo Benigno "Bam" Aquino IV: Initially, sinabi na

3484
01:57:25,040 --> 01:57:26,980
Senator Paolo Benigno "Bam" Aquino IV: all energy needs

3485
01:57:26,980 --> 01:57:28,240
Senator Paolo Benigno "Bam" Aquino IV: will be developed on the data center.

3486
01:57:28,380 --> 01:57:30,440
Senator Paolo Benigno "Bam" Aquino IV: And then later on, we found

3487
01:57:30,440 --> 01:57:31,640
Senator Paolo Benigno "Bam" Aquino IV: out na, no, there's

3488
01:57:31,640 --> 01:57:33,840
Senator Paolo Benigno "Bam" Aquino IV: efforts to purchase from

3489
01:57:33,840 --> 01:57:36,680
Senator Paolo Benigno "Bam" Aquino IV: other power generators

3490
01:57:36,680 --> 01:57:38,300
Senator Paolo Benigno "Bam" Aquino IV: which, of course, would affect the grid

3491
01:57:38,300 --> 01:57:39,940
Senator Paolo Benigno "Bam" Aquino IV: and affect the cost of electricity.

3492
01:57:41,280 --> 01:57:42,700
Senator Paolo Benigno "Bam" Aquino IV: So we're getting conflicting

3493
01:57:42,700 --> 01:57:44,580
Senator Paolo Benigno "Bam" Aquino IV: reports. Meron na ba, do we

3494
01:57:44,580 --> 01:57:46,660
Senator Paolo Benigno "Bam" Aquino IV: have a document already

3495
01:57:46,660 --> 01:57:48,520
Senator Paolo Benigno "Bam" Aquino IV: about what Pax Silica

3496
01:57:48,520 --> 01:57:50,540
Senator Paolo Benigno "Bam" Aquino IV: is, what the plans are?

3497
01:57:50,880 --> 01:57:52,580
Senator Paolo Benigno "Bam" Aquino IV: Is there already a document about

3498
01:57:52,580 --> 01:57:54,540
Senator Paolo Benigno "Bam" Aquino IV: that? Because what we get are press

3499
01:57:54,540 --> 01:57:56,480
Senator Paolo Benigno "Bam" Aquino IV: releases, what we get are press

3500
01:57:56,480 --> 01:57:58,340
Senator Paolo Benigno "Bam" Aquino IV: statements, which can be misunderstood.

3501
01:57:58,380 --> 01:58:00,900
Senator Paolo Benigno "Bam" Aquino IV: Honestly, and kami rin

3502
01:58:00,900 --> 01:58:02,160
Senator Paolo Benigno "Bam" Aquino IV: who are here,

3503
01:58:02,800 --> 01:58:04,860
Senator Paolo Benigno "Bam" Aquino IV: we're basing it on the hearings

3504
01:58:04,860 --> 01:58:07,040
Senator Paolo Benigno "Bam" Aquino IV: and then later on, we find out

3505
01:58:07,040 --> 01:58:08,860
Senator Paolo Benigno "Bam" Aquino IV: oh, iba pala yung

3506
01:58:08,860 --> 01:58:10,300
Senator Paolo Benigno "Bam" Aquino IV: mga plano.

3507
01:58:11,000 --> 01:58:13,160
Senator Paolo Benigno "Bam" Aquino IV: So, again, for the record,

3508
01:58:13,780 --> 01:58:15,240
Senator Paolo Benigno "Bam" Aquino IV: are there going to be data centers

3509
01:58:15,240 --> 01:58:16,380
Senator Paolo Benigno "Bam" Aquino IV: or is it really advanced manufacturing?

3510
01:58:17,260 --> 01:58:17,760
Senator Paolo Benigno "Bam" Aquino IV: Ano ba talaga?

3511
01:58:19,160 --> 01:58:21,120
DTI Undersecretary Ceferino S. Rodolfo: Thank you, Senator. Dun po sa

3512
01:58:21,120 --> 01:58:23,000
DTI Undersecretary Ceferino S. Rodolfo: Clark, wala pong

3513
01:58:23,000 --> 01:58:25,100
DTI Undersecretary Ceferino S. Rodolfo: data center dun. Talagang advanced

3514
01:58:25,100 --> 01:58:26,260
DTI Undersecretary Ceferino S. Rodolfo: manufacturing po siya.

3515
01:58:26,260 --> 01:58:28,260
DTI Undersecretary Ceferino S. Rodolfo: Kaya nga, we really appreciate

3516
01:58:28,380 --> 01:58:30,460
DTI Undersecretary Ceferino S. Rodolfo: the hearings

3517
01:58:30,460 --> 01:58:32,500
DTI Undersecretary Ceferino S. Rodolfo: that were, the hearing that was called for

3518
01:58:32,500 --> 01:58:34,420
DTI Undersecretary Ceferino S. Rodolfo: by the Senate. Dahil

3519
01:58:34,420 --> 01:58:36,400
DTI Undersecretary Ceferino S. Rodolfo: it's an opportunity for us to put on

3520
01:58:36,400 --> 01:58:38,160
DTI Undersecretary Ceferino S. Rodolfo: record yung mga dokumento

3521
01:58:38,160 --> 01:58:40,480
DTI Undersecretary Ceferino S. Rodolfo: natin. So, ang mga

3522
01:58:40,480 --> 01:58:42,220
DTI Undersecretary Ceferino S. Rodolfo: documents natin are the

3523
01:58:42,220 --> 01:58:44,580
DTI Undersecretary Ceferino S. Rodolfo: agreements that we

3524
01:58:44,580 --> 01:58:46,580
DTI Undersecretary Ceferino S. Rodolfo: signed. Tapos

3525
01:58:46,580 --> 01:58:48,400
DTI Undersecretary Ceferino S. Rodolfo: so, ngayon po dun sa hearing,

3526
01:58:48,560 --> 01:58:49,960
DTI Undersecretary Ceferino S. Rodolfo: yung mga submission din po ng

3527
01:58:49,960 --> 01:58:52,400
Senator Paolo Benigno "Bam" Aquino IV: BCDA at saka din po ng DTI.

3528
01:58:52,560 --> 01:58:54,680
Senator Paolo Benigno "Bam" Aquino IV: So, walang data center

3529
01:58:54,680 --> 01:58:56,600
Senator Paolo Benigno "Bam" Aquino IV: in Clark. But there's a push

3530
01:58:56,600 --> 01:58:58,360
Senator Paolo Benigno "Bam" Aquino IV: for more data centers.

3531
01:58:58,380 --> 01:59:00,260
Senator Paolo Benigno "Bam" Aquino IV: Where are they

3532
01:59:00,260 --> 01:59:01,880
Senator Paolo Benigno "Bam" Aquino IV: expected to be put up?

3533
01:59:02,380 --> 01:59:04,540
DTI Undersecretary Ceferino S. Rodolfo: Yung push po for more data centers,

3534
01:59:04,740 --> 01:59:06,000
DTI Undersecretary Ceferino S. Rodolfo: even wala ho ang

3535
01:59:06,000 --> 01:59:08,200
DTI Undersecretary Ceferino S. Rodolfo: Pax Silica, meron naman din ho

3536
01:59:08,200 --> 01:59:10,500
DTI Undersecretary Ceferino S. Rodolfo: talagang push for more data centers.

3537
01:59:11,060 --> 01:59:12,520
DTI Undersecretary Ceferino S. Rodolfo: Ngayon ho, even as

3538
01:59:12,520 --> 01:59:14,400
DTI Undersecretary Ceferino S. Rodolfo: we speak, meron na talagang mga data

3539
01:59:14,400 --> 01:59:16,340
DTI Undersecretary Ceferino S. Rodolfo: centers. Wala na nga akong

3540
01:59:16,340 --> 01:59:17,180
DTI Undersecretary Ceferino S. Rodolfo: hyperscalers.

3541
01:59:17,380 --> 01:59:20,480
Senator Paolo Benigno "Bam" Aquino IV: Is there a plan for hyperscalers in the

3542
01:59:20,480 --> 01:59:22,420
DTI Undersecretary Ceferino S. Rodolfo: Philippines? Hindi po yung

3543
01:59:22,420 --> 01:59:24,280
DTI Undersecretary Ceferino S. Rodolfo: nakalagay sa Pax Silica, pero

3544
01:59:24,280 --> 01:59:26,560
DTI Undersecretary Ceferino S. Rodolfo: nakalagay po yun dun sa AI

3545
01:59:26,560 --> 01:59:28,060
DTI Undersecretary Ceferino S. Rodolfo: roadmap structure,

3546
01:59:28,380 --> 01:59:29,860
DTI Undersecretary Ceferino S. Rodolfo: third plan ng DICT.

3547
01:59:30,500 --> 01:59:31,700
DTI Undersecretary Ceferino S. Rodolfo: So, even sa local,

3548
01:59:32,320 --> 01:59:34,020
DTI Undersecretary Ceferino S. Rodolfo: even sa domestic plans

3549
01:59:34,020 --> 01:59:36,100
DTI Undersecretary Ceferino S. Rodolfo: natin, meron yung mga yun

3550
01:59:36,100 --> 01:59:38,180
DTI Undersecretary Ceferino S. Rodolfo: in the areas where they are

3551
01:59:38,180 --> 01:59:40,080
DTI Undersecretary Ceferino S. Rodolfo: most appropriate to be built.

3552
01:59:40,900 --> 01:59:42,340
DTI Undersecretary Ceferino S. Rodolfo: Kagaya ho, nang sinasabi

3553
01:59:42,340 --> 01:59:44,300
DTI Undersecretary Ceferino S. Rodolfo: diba ho sa Clark, hindi pwede

3554
01:59:44,300 --> 01:59:46,260
DTI Undersecretary Ceferino S. Rodolfo: sa Clark dahil mahirap

3555
01:59:46,260 --> 01:59:48,460
DTI Undersecretary Ceferino S. Rodolfo: yung tubig, tapos yung kuryente,

3556
01:59:48,640 --> 01:59:49,640
DTI Undersecretary Ceferino S. Rodolfo: baka magka problema.

3557
01:59:50,400 --> 01:59:52,060
DTI Undersecretary Ceferino S. Rodolfo: Kaya nga, talagang hindi ho sa Clark

3558
01:59:52,060 --> 01:59:53,940
Senator Paolo Benigno "Bam" Aquino IV: gagawin. Saan ba yung lugar na okay

3559
01:59:53,940 --> 01:59:56,340
Senator Paolo Benigno "Bam" Aquino IV: ang tubig at okay ang kuryente sa Pilipinas?

3560
01:59:56,620 --> 01:59:58,300
DTI Undersecretary Ceferino S. Rodolfo: Kung titignan po natin yung

3561
01:59:58,380 --> 01:59:59,880
DTI Undersecretary Ceferino S. Rodolfo: sa AI master.

3562
02:00:00,000 --> 02:00:01,800
DTI Undersecretary Ceferino S. Rodolfo: plan ni DICT. But of course,

3563
02:00:01,900 --> 02:00:03,820
DTI Undersecretary Ceferino S. Rodolfo: it should be DICT to respond

3564
02:00:03,820 --> 02:00:05,640
DTI Undersecretary Ceferino S. Rodolfo: to this. But kung titignan po natin,

3565
02:00:06,200 --> 02:00:08,000
DTI Undersecretary Ceferino S. Rodolfo: may mga na-identify po

3566
02:00:08,000 --> 02:00:09,780
DTI Undersecretary Ceferino S. Rodolfo: silang corridors.

3567
02:00:10,420 --> 02:00:11,780
DTI Undersecretary Ceferino S. Rodolfo: Isa po sa corridor doon

3568
02:00:11,780 --> 02:00:13,500
DTI Undersecretary Ceferino S. Rodolfo: yung mga nasa coastal area.

3569
02:00:13,980 --> 02:00:15,380
Senator Paolo Benigno "Bam" Aquino IV: Okay. But

3570
02:00:15,380 --> 02:00:17,540
Senator Paolo Benigno "Bam" Aquino IV: these technically aren't under

3571
02:00:17,540 --> 02:00:19,700
DTI Undersecretary Ceferino S. Rodolfo: Pax Silica? Under Pax Silica po,

3572
02:00:19,780 --> 02:00:21,840
DTI Undersecretary Ceferino S. Rodolfo: isa lang po yung proyekto na pinag-uusapan

3573
02:00:21,840 --> 02:00:23,980
DTI Undersecretary Ceferino S. Rodolfo: pa lang. And that is yung advanced manufacturing.

3574
02:00:24,700 --> 02:00:25,640
Senator Paolo Benigno "Bam" Aquino IV: Okay. Because

3575
02:00:25,640 --> 02:00:27,560
Senator Paolo Benigno "Bam" Aquino IV: we're, you know,

3576
02:00:27,620 --> 02:00:29,660
Senator Paolo Benigno "Bam" Aquino IV: it's bothersome for us that we get

3577
02:00:29,660 --> 02:00:31,620
Senator Paolo Benigno "Bam" Aquino IV: these reports and then parang iba yung

3578
02:00:31,620 --> 02:00:33,060
Senator Paolo Benigno "Bam" Aquino IV: naririnig namin sa mga hearing.

3579
02:00:33,560 --> 02:00:35,580
Senator Paolo Benigno "Bam" Aquino IV: So maybe, ano ba, for once

3580
02:00:35,580 --> 02:00:36,980
Senator Paolo Benigno "Bam" Aquino IV: and for all, tama ba yung term ko?

3581
02:00:37,220 --> 02:00:39,040
Senator Paolo Benigno "Bam" Aquino IV: Can you have something on paper?

3582
02:00:39,600 --> 02:00:40,800
Senator Paolo Benigno "Bam" Aquino IV: That's with you, diba, Yusek?

3583
02:00:41,020 --> 02:00:43,000
Senator Paolo Benigno "Bam" Aquino IV: Tama ba? Or are you

3584
02:00:43,000 --> 02:00:44,660
Senator Paolo Benigno "Bam" Aquino IV: not the person for this? Ikaw rin yan, diba?

3585
02:00:45,800 --> 02:00:46,880
DTI Undersecretary Ceferino S. Rodolfo: DTI and

3586
02:00:46,880 --> 02:00:48,720
DTI Undersecretary Ceferino S. Rodolfo: the whole of government naman po.

3587
02:00:48,880 --> 02:00:50,960
DTI Undersecretary Ceferino S. Rodolfo: Yeah, but who is the... Are you the

3588
02:00:50,960 --> 02:00:52,800
Senator Paolo Benigno "Bam" Aquino IV: head, Secretary? Ikaw bang head ng

3589
02:00:52,800 --> 02:00:53,500
Senator Paolo Benigno "Bam" Aquino IV: effort na to?

3590
02:00:55,620 --> 02:00:56,840
Senator Paolo Benigno "Bam" Aquino IV: BCDA is not a secretary

3591
02:00:56,840 --> 02:00:58,860
Senator Paolo Benigno "Bam" Aquino IV: level. So usually a secretary level

3592
02:00:58,860 --> 02:00:59,820
Senator Paolo Benigno "Bam" Aquino IV: is on top, diba?

3593
02:01:00,720 --> 02:01:02,680
Senator Paolo Benigno "Bam" Aquino IV: So is it Secretary Roque or

3594
02:01:02,680 --> 02:01:04,560
Senator Paolo Benigno "Bam" Aquino IV: Secretary Aguda? Sino bang ano?

3595
02:01:04,900 --> 02:01:06,780
DTI Undersecretary Ceferino S. Rodolfo: Yun pong pumunta dun sa

3596
02:01:06,780 --> 02:01:08,780
DTI Undersecretary Ceferino S. Rodolfo: Washington po nung nagpirmahan.

3597
02:01:08,900 --> 02:01:09,860
Senator Paolo Benigno "Bam" Aquino IV: Okay. Sino ba?

3598
02:01:09,860 --> 02:01:10,900
DTI Undersecretary Ceferino S. Rodolfo: So ako po yung

3599
02:01:10,900 --> 02:01:12,020
DTI Undersecretary Ceferino S. Rodolfo: pumirma and then nang nagpirmahan.

3600
02:01:12,020 --> 02:01:12,740
Senator Paolo Benigno "Bam" Aquino IV: Ah, ikaw pala eh.

3601
02:01:14,740 --> 02:01:17,020
DTI Undersecretary Ceferino S. Rodolfo: Pero I'm fairly authorized

3602
02:01:17,020 --> 02:01:18,720
Senator Paolo Benigno "Bam" Aquino IV: naman po. Yes. So Secretary Roque.

3603
02:01:19,200 --> 02:01:20,020
Senator Paolo Benigno "Bam" Aquino IV: Because DTI.

3604
02:01:21,120 --> 02:01:22,920
DTI Undersecretary Ceferino S. Rodolfo: Yes po, si Secretary Roque.

3605
02:01:23,020 --> 02:01:24,380
DTI Undersecretary Ceferino S. Rodolfo: Yung economic team po natin.

3606
02:01:24,740 --> 02:01:26,740
Senator Paolo Benigno "Bam" Aquino IV: Okay. But, sorry, just give me an answer.

3607
02:01:26,740 --> 02:01:28,200
Senator Paolo Benigno "Bam" Aquino IV: So who is the Secretary?

3608
02:01:28,860 --> 02:01:30,880
Senator Paolo Benigno "Bam" Aquino IV: Who is responsible

3609
02:01:30,880 --> 02:01:32,720
Senator Paolo Benigno "Bam" Aquino IV: for this effort? Para lang malinaw.

3610
02:01:32,940 --> 02:01:34,440
DTI Undersecretary Ceferino S. Rodolfo: Si Secretary Go po.

3611
02:01:34,740 --> 02:01:35,680
Senator Paolo Benigno "Bam" Aquino IV: Okay. So DOF.

3612
02:01:35,980 --> 02:01:38,860
DTI Undersecretary Ceferino S. Rodolfo: At saka si sa ES po. Okay. So Secretary

3613
02:01:38,860 --> 02:01:40,340
Senator Paolo Benigno "Bam" Aquino IV: Go and Secretary Ralph.

3614
02:01:43,300 --> 02:01:44,940
Senator Paolo Benigno "Bam" Aquino IV: But you are the one

3615
02:01:44,940 --> 02:01:46,080
Senator Paolo Benigno "Bam" Aquino IV: operating everything, right?

3616
02:01:47,000 --> 02:01:49,080
Senator Paolo Benigno "Bam" Aquino IV: Secretariat level? Senior official level.

3617
02:01:49,100 --> 02:01:49,840
DTI Undersecretary Ceferino S. Rodolfo: At cabinet level.

3618
02:01:50,360 --> 02:01:52,720
Senator Paolo Benigno "Bam" Aquino IV: Sige. Can we have...

3619
02:01:53,560 --> 02:01:54,920
Senator Paolo Benigno "Bam" Aquino IV: Yeah, I'm sure you have

3620
02:01:54,920 --> 02:01:56,640
Senator Paolo Benigno "Bam" Aquino IV: your paperwork already, right? Diba?

3621
02:01:56,640 --> 02:01:58,580
Senator Paolo Benigno "Bam" Aquino IV: So could you submit that before the plenary?

3622
02:01:58,860 --> 02:02:01,060
Senator Paolo Benigno "Bam" Aquino IV: For DTI. Para lang

3623
02:02:01,060 --> 02:02:03,000
Senator Paolo Benigno "Bam" Aquino IV: malinaw. I'm sure many senators also

3624
02:02:03,000 --> 02:02:05,060
Senator Paolo Benigno "Bam" Aquino IV: want to see. Ano ba talaga? Diba?

3625
02:02:05,560 --> 02:02:07,180
Senator Paolo Benigno "Bam" Aquino IV: And so we can also help in terms

3626
02:02:07,180 --> 02:02:08,860
Senator Paolo Benigno "Bam" Aquino IV: of clarifying. Okay.

3627
02:02:09,080 --> 02:02:11,100
Senator Paolo Benigno "Bam" Aquino IV: With regard to the energy

3628
02:02:11,100 --> 02:02:13,040
Senator Paolo Benigno "Bam" Aquino IV: needs. I remember in the

3629
02:02:13,040 --> 02:02:15,160
Senator Paolo Benigno "Bam" Aquino IV: hearing, ang sabi, you will

3630
02:02:15,160 --> 02:02:17,160
Senator Paolo Benigno "Bam" Aquino IV: build your own

3631
02:02:17,160 --> 02:02:19,060
Senator Paolo Benigno "Bam" Aquino IV: energy generation

3632
02:02:19,060 --> 02:02:20,620
Senator Paolo Benigno "Bam" Aquino IV: in Clark. Is that true?

3633
02:02:21,400 --> 02:02:22,340
Senator Paolo Benigno "Bam" Aquino IV: Is that still true?

3634
02:02:22,340 --> 02:02:22,800
DTI Undersecretary Ceferino S. Rodolfo: Yes, sir.

3635
02:02:23,020 --> 02:02:25,240
Senator Paolo Benigno "Bam" Aquino IV: Yes. So bakit may mga efforts

3636
02:02:25,240 --> 02:02:27,000
Senator Paolo Benigno "Bam" Aquino IV: na bumili sa mga power producers

3637
02:02:27,000 --> 02:02:28,720
Senator Paolo Benigno "Bam" Aquino IV: in the area? Hindi naman.

3638
02:02:28,860 --> 02:02:29,180
Senator Paolo Benigno "Bam" Aquino IV: Hindi.

3639
02:02:30,880 --> 02:02:33,020
DTI Undersecretary Ceferino S. Rodolfo: Ang alam ko, dun po sa

3640
02:02:33,020 --> 02:02:34,580
DTI Undersecretary Ceferino S. Rodolfo: pakipag-ugnayan natin sa

3641
02:02:34,580 --> 02:02:36,640
DTI Undersecretary Ceferino S. Rodolfo: BCDA, may mga investors na pong

3642
02:02:36,640 --> 02:02:38,600
DTI Undersecretary Ceferino S. Rodolfo: kausap para magtatayo

3643
02:02:38,600 --> 02:02:40,940
DTI Undersecretary Ceferino S. Rodolfo: ng mga embedded power generation

3644
02:02:40,940 --> 02:02:42,620
DTI Undersecretary Ceferino S. Rodolfo: plants. That's my understanding as well.

3645
02:02:43,680 --> 02:02:45,280
DTI Undersecretary Ceferino S. Rodolfo: For the Clark Advanced Manufacturing.

3646
02:02:45,280 --> 02:02:46,520
Senator Paolo Benigno "Bam" Aquino IV: Okay. So the timing kasi,

3647
02:02:46,940 --> 02:02:48,740
Senator Paolo Benigno "Bam" Aquino IV: and again, Yuseca,

3648
02:02:49,300 --> 02:02:50,840
Senator Paolo Benigno "Bam" Aquino IV: ano lang kasi, iba-iba

3649
02:02:50,840 --> 02:02:52,360
Senator Paolo Benigno "Bam" Aquino IV: yung mga balitang nakukuha namin.

3650
02:02:53,300 --> 02:02:54,960
Senator Paolo Benigno "Bam" Aquino IV: To put up a plant will take

3651
02:02:54,960 --> 02:02:56,020
Senator Paolo Benigno "Bam" Aquino IV: five to seven years.

3652
02:02:56,400 --> 02:02:58,200
Senator Paolo Benigno "Bam" Aquino IV: But many of the plants

3653
02:02:58,200 --> 02:03:00,180
Senator Paolo Benigno "Bam" Aquino IV: are within two years, right?

3654
02:03:00,440 --> 02:03:02,240
Senator Paolo Benigno "Bam" Aquino IV: 2028, 2029. Tama ba?

3655
02:03:02,640 --> 02:03:03,860
Senator Paolo Benigno "Bam" Aquino IV: Tama. So

3656
02:03:03,860 --> 02:03:06,500
Senator Paolo Benigno "Bam" Aquino IV: saan po yung kukuha ng kuryente

3657
02:03:06,500 --> 02:03:08,640
Senator Paolo Benigno "Bam" Aquino IV: kung it takes five years

3658
02:03:08,640 --> 02:03:09,980
Senator Paolo Benigno "Bam" Aquino IV: to build the plant?

3659
02:03:10,380 --> 02:03:12,360
Senator Paolo Benigno "Bam" Aquino IV: Mabilis na yun. Pero within

3660
02:03:12,360 --> 02:03:14,240
Senator Paolo Benigno "Bam" Aquino IV: two years, kailangan nakatayo na yung mga

3661
02:03:14,240 --> 02:03:14,700
Senator Paolo Benigno "Bam" Aquino IV: facility.

3662
02:03:16,220 --> 02:03:17,720
DTI Undersecretary Ceferino S. Rodolfo: Hindi naman po sa

3663
02:03:17,720 --> 02:03:20,200
DTI Undersecretary Ceferino S. Rodolfo: your honors, hindi naman po sa

3664
02:03:20,200 --> 02:03:22,280
DTI Undersecretary Ceferino S. Rodolfo: simula pa lang malaki na kagal yung

3665
02:03:22,280 --> 02:03:23,220
DTI Undersecretary Ceferino S. Rodolfo: power requirement.

3666
02:03:24,160 --> 02:03:26,080
DTI Undersecretary Ceferino S. Rodolfo: Kaya sa simula po ang nakikita natin,

3667
02:03:26,080 --> 02:03:28,040
DTI Undersecretary Ceferino S. Rodolfo: yung pagkukuha na, yung pinirmaan na po

3668
02:03:28,040 --> 02:03:30,180
DTI Undersecretary Ceferino S. Rodolfo: po ni BCDA with an agreement

3669
02:03:30,180 --> 02:03:31,160
DTI Undersecretary Ceferino S. Rodolfo: with an investor.

3670
02:03:32,000 --> 02:03:33,100
DTI Undersecretary Ceferino S. Rodolfo: Yung invest, again po,

3671
02:03:34,100 --> 02:03:35,900
DTI Undersecretary Ceferino S. Rodolfo: si BCDA makapagbigay ng mga

3672
02:03:35,900 --> 02:03:38,200
DTI Undersecretary Ceferino S. Rodolfo: mas accurate na submission.

3673
02:03:38,820 --> 02:03:40,420
DTI Undersecretary Ceferino S. Rodolfo: But yung pinirmahan nilang

3674
02:03:40,420 --> 02:03:42,120
DTI Undersecretary Ceferino S. Rodolfo: solar power project with

3675
02:03:42,120 --> 02:03:44,360
DTI Undersecretary Ceferino S. Rodolfo: ACWA, A-C-W-A.

3676
02:03:44,480 --> 02:03:45,640
DTI Undersecretary Ceferino S. Rodolfo: It's really a Saudi

3677
02:03:45,640 --> 02:03:48,100
DTI Undersecretary Ceferino S. Rodolfo: based na company to put up

3678
02:03:48,100 --> 02:03:49,940
DTI Undersecretary Ceferino S. Rodolfo: a 500 megawatt na

3679
02:03:49,940 --> 02:03:51,840
DTI Undersecretary Ceferino S. Rodolfo: solar power project with

3680
02:03:51,840 --> 02:03:54,120
DTI Undersecretary Ceferino S. Rodolfo: battery energy storage facility.

3681
02:03:54,640 --> 02:03:56,220
DTI Undersecretary Ceferino S. Rodolfo: Tapos po, so yun po yung

3682
02:03:56,220 --> 02:03:58,020
DTI Undersecretary Ceferino S. Rodolfo: pinaka-immediate na pagkukuha.

3683
02:03:58,040 --> 02:04:00,020
DTI Undersecretary Ceferino S. Rodolfo: Tapos po, yung

3684
02:04:00,020 --> 02:04:01,940
DTI Undersecretary Ceferino S. Rodolfo: pangalawa po is the, may

3685
02:04:01,940 --> 02:04:03,640
DTI Undersecretary Ceferino S. Rodolfo: kinakausap po silang investor

3686
02:04:03,640 --> 02:04:05,920
DTI Undersecretary Ceferino S. Rodolfo: for two things. Number one,

3687
02:04:06,120 --> 02:04:07,960
DTI Undersecretary Ceferino S. Rodolfo: an LNG import terminal

3688
02:04:07,960 --> 02:04:09,640
DTI Undersecretary Ceferino S. Rodolfo: doon po sa Subic.

3689
02:04:10,220 --> 02:04:11,440
DTI Undersecretary Ceferino S. Rodolfo: Pagkatapos po,

3690
02:04:12,340 --> 02:04:13,960
DTI Undersecretary Ceferino S. Rodolfo: ipapipe yung gas

3691
02:04:13,960 --> 02:04:16,300
DTI Undersecretary Ceferino S. Rodolfo: papunta sa Clark. Tapos maglalagay

3692
02:04:16,300 --> 02:04:17,940
DTI Undersecretary Ceferino S. Rodolfo: po ng gas-fired power

3693
02:04:17,940 --> 02:04:19,800
DTI Undersecretary Ceferino S. Rodolfo: plant na embedded po doon sa Clark.

3694
02:04:19,860 --> 02:04:22,120
Senator Paolo Benigno "Bam" Aquino IV: So Yusek, so that's great.

3695
02:04:22,420 --> 02:04:23,900
Senator Paolo Benigno "Bam" Aquino IV: But those plants,

3696
02:04:24,040 --> 02:04:25,380
Senator Paolo Benigno "Bam" Aquino IV: whether it's LNG or solar,

3697
02:04:25,380 --> 02:04:27,880
Senator Paolo Benigno "Bam" Aquino IV: won't be up in two years.

3698
02:04:28,040 --> 02:04:30,100
Senator Paolo Benigno "Bam" Aquino IV: That takes about five to seven years.

3699
02:04:30,240 --> 02:04:31,760
Senator Paolo Benigno "Bam" Aquino IV: Especially yung LNG, matagal yan.

3700
02:04:31,880 --> 02:04:34,060
Senator Paolo Benigno "Bam" Aquino IV: Hindi yan ganun kabilis. So ano yung plano

3701
02:04:34,060 --> 02:04:35,720
Senator Paolo Benigno "Bam" Aquino IV: if the facility

3702
02:04:35,720 --> 02:04:38,180
Senator Paolo Benigno "Bam" Aquino IV: is supposed to be up by 2029?

3703
02:04:38,500 --> 02:04:40,120
Senator Paolo Benigno "Bam" Aquino IV: Tama ba? 2029 yung target, di ba?

3704
02:04:40,380 --> 02:04:41,640
DTI Undersecretary Ceferino S. Rodolfo: Yun pong

3705
02:04:41,640 --> 02:04:43,700
DTI Undersecretary Ceferino S. Rodolfo: ang plano po, una muna yung mga

3706
02:04:43,700 --> 02:04:45,720
DTI Undersecretary Ceferino S. Rodolfo: infrastructure projects to support.

3707
02:04:45,840 --> 02:04:46,840
DTI Undersecretary Ceferino S. Rodolfo: Kagaya ka po nung

3708
02:04:46,840 --> 02:04:49,900
DTI Undersecretary Ceferino S. Rodolfo: power at saka nung water. So for the first

3709
02:04:49,900 --> 02:04:51,040
DTI Undersecretary Ceferino S. Rodolfo: two years, yun po muna.

3710
02:04:51,380 --> 02:04:53,500
Senator Paolo Benigno "Bam" Aquino IV: Yeah, but you won't produce anything in two years.

3711
02:04:53,660 --> 02:04:55,760
Senator Paolo Benigno "Bam" Aquino IV: I don't think they can produce energy in two years

3712
02:04:55,760 --> 02:04:57,540
Senator Paolo Benigno "Bam" Aquino IV: because those plants are still being made.

3713
02:04:58,040 --> 02:04:59,620
Senator Paolo Benigno "Bam" Aquino IV: So is the plan

3714
02:04:59,620 --> 02:05:00,640
Senator Paolo Benigno "Bam" Aquino IV: to buy

3715
02:05:00,640 --> 02:05:03,700
Senator Paolo Benigno "Bam" Aquino IV: from the local

3716
02:05:03,700 --> 02:05:05,820
Senator Paolo Benigno "Bam" Aquino IV: producers in the time

3717
02:05:05,820 --> 02:05:07,800
Senator Paolo Benigno "Bam" Aquino IV: that hindi pa nakatayo yung planta?

3718
02:05:07,940 --> 02:05:10,180
DTI Undersecretary Ceferino S. Rodolfo: Yun pong solar po yung pinakamabilis

3719
02:05:10,180 --> 02:05:12,020
DTI Undersecretary Ceferino S. Rodolfo: na pwedeng i-ramp

3720
02:05:12,020 --> 02:05:14,040
DTI Undersecretary Ceferino S. Rodolfo: up po nila. Kaya sa simula

3721
02:05:14,040 --> 02:05:15,860
DTI Undersecretary Ceferino S. Rodolfo: po, yung solar muna with the battery

3722
02:05:15,860 --> 02:05:17,380
DTI Undersecretary Ceferino S. Rodolfo: energy storage na

3723
02:05:17,380 --> 02:05:19,920
Senator Paolo Benigno "Bam" Aquino IV: two years. I'm not sure if that can be done

3724
02:05:19,920 --> 02:05:21,680
Senator Paolo Benigno "Bam" Aquino IV: in two years. So are you saying

3725
02:05:21,680 --> 02:05:23,280
Senator Paolo Benigno "Bam" Aquino IV: that there's no plan to buy?

3726
02:05:23,420 --> 02:05:25,900
Senator Paolo Benigno "Bam" Aquino IV: The plan is really to generate the power

3727
02:05:25,900 --> 02:05:27,960
DTI Undersecretary Ceferino S. Rodolfo: locally? Yun po yung alam po

3728
02:05:27,960 --> 02:05:28,020
DTI Undersecretary Ceferino S. Rodolfo: sa lalang. So yung plan na yung plan na yung power locally.

3729
02:05:28,040 --> 02:05:29,700
DTI Undersecretary Ceferino S. Rodolfo: Sa sinasabing ni BCDA.

3730
02:05:29,900 --> 02:05:32,060
DTI Undersecretary Ceferino S. Rodolfo: Pagkatapos, yun po namang ating

3731
02:05:32,060 --> 02:05:34,000
DTI Undersecretary Ceferino S. Rodolfo: mga first investors, darating naman po

3732
02:05:34,000 --> 02:05:36,180
DTI Undersecretary Ceferino S. Rodolfo: after the second year naman po sila

3733
02:05:36,180 --> 02:05:38,100
DTI Undersecretary Ceferino S. Rodolfo: matatayo yung mga facilities natin.

3734
02:05:38,540 --> 02:05:40,060
Senator Paolo Benigno "Bam" Aquino IV: Can you check lang? Please check the timings.

3735
02:05:40,060 --> 02:05:41,580
DTI Undersecretary Ceferino S. Rodolfo: Yes, sir.

3736
02:05:41,580 --> 02:05:46,060
Senator Paolo Benigno "Bam" Aquino IV: Because one of the concerns is that

3737
02:05:46,060 --> 02:05:48,020
Senator Paolo Benigno "Bam" Aquino IV: this huge energy needs

3738
02:05:48,020 --> 02:05:49,480
Senator Paolo Benigno "Bam" Aquino IV: will be purchased

3739
02:05:49,480 --> 02:05:51,960
Senator Paolo Benigno "Bam" Aquino IV: from the market, which

3740
02:05:51,960 --> 02:05:54,180
Senator Paolo Benigno "Bam" Aquino IV: of course will raise prices.

3741
02:05:54,480 --> 02:05:56,120
Senator Paolo Benigno "Bam" Aquino IV: And there was a promise that

3742
02:05:56,120 --> 02:05:57,820
Senator Paolo Benigno "Bam" Aquino IV: hindi ito magtataas ng presyo.

3743
02:05:58,040 --> 02:05:59,860
Senator Paolo Benigno "Bam" Aquino IV: Kasi locally generated yung

3744
02:05:59,860 --> 02:06:02,260
Senator Paolo Benigno "Bam" Aquino IV: kuryente. So the timings

3745
02:06:02,260 --> 02:06:04,400
Senator Paolo Benigno "Bam" Aquino IV: for me, I'm looking at the timings

3746
02:06:04,400 --> 02:06:06,200
Senator Paolo Benigno "Bam" Aquino IV: parang hindi nagmamatch.

3747
02:06:06,500 --> 02:06:08,120
Senator Paolo Benigno "Bam" Aquino IV: Now, if the answer is we will buy

3748
02:06:08,120 --> 02:06:09,940
Senator Paolo Benigno "Bam" Aquino IV: locally, then let's tackle that.

3749
02:06:10,140 --> 02:06:11,860
Senator Paolo Benigno "Bam" Aquino IV: But I just want to be clear

3750
02:06:11,860 --> 02:06:14,140
Senator Paolo Benigno "Bam" Aquino IV: and to be accurate with all of the

3751
02:06:14,140 --> 02:06:15,780
Senator Paolo Benigno "Bam" Aquino IV: reporting and all of the

3752
02:06:15,780 --> 02:06:17,720
Senator Paolo Benigno "Bam" Aquino IV: things mentioned in the hearings.

3753
02:06:18,120 --> 02:06:19,480
Senator Paolo Benigno "Bam" Aquino IV: So could you clarify that please?

3754
02:06:20,880 --> 02:06:21,040
Senator Paolo Benigno "Bam" Aquino IV: Okay.

3755
02:06:22,420 --> 02:06:24,120
Senator Paolo Benigno "Bam" Aquino IV: Because it's already getting

3756
02:06:24,120 --> 02:06:25,940
Senator Paolo Benigno "Bam" Aquino IV: opposition and

3757
02:06:25,940 --> 02:06:27,320
Senator Paolo Benigno "Bam" Aquino IV: nag-usap tayo offline.

3758
02:06:28,040 --> 02:06:28,300
Senator Paolo Benigno "Bam" Aquino IV: That

3759
02:06:28,300 --> 02:06:33,680
Senator Paolo Benigno "Bam" Aquino IV: people were opposing it

3760
02:06:33,680 --> 02:06:35,780
Senator Paolo Benigno "Bam" Aquino IV: even before government was able to

3761
02:06:35,780 --> 02:06:37,560
Senator Paolo Benigno "Bam" Aquino IV: present the specifics.

3762
02:06:38,320 --> 02:06:39,960
Senator Paolo Benigno "Bam" Aquino IV: But now that you have some specifics,

3763
02:06:40,180 --> 02:06:41,740
Senator Paolo Benigno "Bam" Aquino IV: we owe it to the people to be transparent.

3764
02:06:42,000 --> 02:06:43,720
Senator Paolo Benigno "Bam" Aquino IV: So at least we're all on the same page

3765
02:06:43,720 --> 02:06:45,760
Senator Paolo Benigno "Bam" Aquino IV: on what we are supporting or what we

3766
02:06:45,760 --> 02:06:46,280
Senator Paolo Benigno "Bam" Aquino IV: are opposing.

3767
02:06:47,580 --> 02:06:48,020
Senator Paolo Benigno "Bam" Aquino IV: So

3768
02:06:48,020 --> 02:06:51,520
Senator Paolo Benigno "Bam" Aquino IV: obviously we want to have more

3769
02:06:51,520 --> 02:06:53,620
Senator Paolo Benigno "Bam" Aquino IV: manufacturing in the Philippines. That's

3770
02:06:53,620 --> 02:06:55,880
Senator Paolo Benigno "Bam" Aquino IV: a pillar that we need to support further.

3771
02:06:56,480 --> 02:06:57,380
Senator Paolo Benigno "Bam" Aquino IV: Pero we also want

3772
02:06:57,380 --> 02:06:59,740
Senator Paolo Benigno "Bam" Aquino IV: acceptability from everybody

3773
02:06:59,740 --> 02:07:01,720
Senator Paolo Benigno "Bam" Aquino IV: in terms of

3774
02:07:01,720 --> 02:07:03,760
Senator Paolo Benigno "Bam" Aquino IV: moving forward na we're

3775
02:07:03,760 --> 02:07:05,180
Senator Paolo Benigno "Bam" Aquino IV: agreeing on the same things.

3776
02:07:06,680 --> 02:07:07,680
Senator Paolo Benigno "Bam" Aquino IV: Anyway, we're also

3777
02:07:07,680 --> 02:07:09,860
Senator Paolo Benigno "Bam" Aquino IV: working with BCDA to make sure

3778
02:07:09,860 --> 02:07:10,340
Senator Paolo Benigno "Bam" Aquino IV: that

3779
02:07:10,340 --> 02:07:13,900
Senator Paolo Benigno "Bam" Aquino IV: the facility of

3780
02:07:13,900 --> 02:07:15,860
Senator Paolo Benigno "Bam" Aquino IV: Pax Silica is 3 to

3781
02:07:15,860 --> 02:07:16,920
Senator Paolo Benigno "Bam" Aquino IV: 4 BGCs.

3782
02:07:17,520 --> 02:07:19,620
Senator Paolo Benigno "Bam" Aquino IV: Ganon siya kalaki. Tama di ba?

3783
02:07:20,220 --> 02:07:20,840
Senator Paolo Benigno "Bam" Aquino IV: 3...

3784
02:07:20,840 --> 02:07:22,200
DTI Undersecretary Ceferino S. Rodolfo: Yes.

3785
02:07:22,200 --> 02:07:23,880
Senator Paolo Benigno "Bam" Aquino IV: Yeah.

3786
02:07:24,220 --> 02:07:25,620
Senator Paolo Benigno "Bam" Aquino IV: It's 3 to 4

3787
02:07:25,620 --> 02:07:27,140
Senator Paolo Benigno "Bam" Aquino IV: BGCs. Ganon siya kalaki.

3788
02:07:27,380 --> 02:07:28,940
Senator Paolo Benigno "Bam" Aquino IV: There's space for everybody.

3789
02:07:29,580 --> 02:07:30,800
Senator Paolo Benigno "Bam" Aquino IV: There's space for everyone.

3790
02:07:32,180 --> 02:07:33,380
Senator Paolo Benigno "Bam" Aquino IV: In that hearing,

3791
02:07:33,560 --> 02:07:35,360
Senator Paolo Benigno "Bam" Aquino IV: yung inuulit-ulit ko lang is

3792
02:07:35,360 --> 02:07:36,980
Senator Paolo Benigno "Bam" Aquino IV: in the interest of development,

3793
02:07:37,140 --> 02:07:39,020
Senator Paolo Benigno "Bam" Aquino IV: hindi pwedeng may mga

3794
02:07:39,020 --> 02:07:41,260
Senator Paolo Benigno "Bam" Aquino IV: kapwa-Pilipino tayong masasagasaan.

3795
02:07:41,440 --> 02:07:42,480
Senator Paolo Benigno "Bam" Aquino IV: There's space for

3796
02:07:42,480 --> 02:07:45,320
Senator Paolo Benigno "Bam" Aquino IV: everybody. There should be space for everybody.

3797
02:07:46,560 --> 02:07:47,120
Senator Paolo Benigno "Bam" Aquino IV: Okay.

3798
02:07:48,900 --> 02:07:49,480
Senator Paolo Benigno "Bam" Aquino IV: Yes.

3799
02:07:49,900 --> 02:07:51,380
Senator Paolo Benigno "Bam" Aquino IV: And pinapalala sa akin, we're also

3800
02:07:51,380 --> 02:07:52,920
Senator Paolo Benigno "Bam" Aquino IV: the sponsor of the BCDA budget.

3801
02:07:53,420 --> 02:07:55,020
Senator Paolo Benigno "Bam" Aquino IV: Although dinelecto-plenary na sila.

3802
02:07:55,020 --> 02:07:56,960
Senator Paolo Benigno "Bam" Aquino IV: So we won't be tackling them today.

3803
02:07:57,380 --> 02:07:58,480
Senator Paolo Benigno "Bam" Aquino IV: We will be tackling this

3804
02:07:58,480 --> 02:08:01,300
Senator Paolo Benigno "Bam" Aquino IV: later on.

3805
02:08:01,860 --> 02:08:03,300
Senator Paolo Benigno "Bam" Aquino IV: And just to impress upon you how

3806
02:08:03,300 --> 02:08:05,340
Senator Paolo Benigno "Bam" Aquino IV: important this is, we actually convened a

3807
02:08:05,340 --> 02:08:06,240
Senator Paolo Benigno "Bam" Aquino IV: committee on the whole

3808
02:08:06,240 --> 02:08:09,200
Senator Paolo Benigno "Bam" Aquino IV: to tackle the Pax Silica resolutions

3809
02:08:09,200 --> 02:08:11,040
Senator Paolo Benigno "Bam" Aquino IV: last September 8. That was that hearing, no?

3810
02:08:11,360 --> 02:08:13,580
Senator Paolo Benigno "Bam" Aquino IV: So pag nag-a-committee on the whole po, ibig sabihin

3811
02:08:13,580 --> 02:08:15,360
Senator Paolo Benigno "Bam" Aquino IV: di lang a subcommittee or one

3812
02:08:15,360 --> 02:08:16,560
Senator Paolo Benigno "Bam" Aquino IV: committee, that's everybody.

3813
02:08:17,940 --> 02:08:18,920
Senator Paolo Benigno "Bam" Aquino IV: All the senators

3814
02:08:18,920 --> 02:08:21,580
Senator Paolo Benigno "Bam" Aquino IV: formed a committee of the whole to tackle the issue.

3815
02:08:22,120 --> 02:08:23,560
Senator Paolo Benigno "Bam" Aquino IV: So we had that last month.

3816
02:08:24,300 --> 02:08:25,500
Senator Paolo Benigno "Bam" Aquino IV: Or sorry, earlier

3817
02:08:25,500 --> 02:08:27,360
Senator Paolo Benigno "Bam" Aquino IV: this month, no? And that was where nag-u-sign.

3818
02:08:27,380 --> 02:08:29,480
Senator Paolo Benigno "Bam" Aquino IV: We just want to be sure na yung mga

3819
02:08:29,480 --> 02:08:30,600
Senator Paolo Benigno "Bam" Aquino IV: napag-usapan doon

3820
02:08:30,600 --> 02:08:33,460
Senator Paolo Benigno "Bam" Aquino IV: are still the facts and are still

3821
02:08:33,460 --> 02:08:35,600
Senator Paolo Benigno "Bam" Aquino IV: the current

3822
02:08:35,600 --> 02:08:36,960
Senator Paolo Benigno "Bam" Aquino IV: agreements moving forward.

3823
02:08:37,260 --> 02:08:39,460
Senator Paolo Benigno "Bam" Aquino IV: So Yusek, can you help us with that before

3824
02:08:39,460 --> 02:08:40,800
Senator Paolo Benigno "Bam" Aquino IV: the plenary? Okay.

3825
02:08:42,040 --> 02:08:42,960
Senator Paolo Benigno "Bam" Aquino IV: So ulitin ko lang po.

3826
02:08:43,140 --> 02:08:45,500
Senator Paolo Benigno "Bam" Aquino IV: Of course, we're supportive of the DTI budget.

3827
02:08:46,040 --> 02:08:47,260
Senator Paolo Benigno "Bam" Aquino IV: We do want you to succeed.

3828
02:08:47,440 --> 02:08:49,000
Senator Paolo Benigno "Bam" Aquino IV: We do feel this budget is too small.

3829
02:08:49,480 --> 02:08:50,200
Senator Paolo Benigno "Bam" Aquino IV: Pero ulitin ko lang,

3830
02:08:50,900 --> 02:08:53,540
Senator Paolo Benigno "Bam" Aquino IV: we want to support the trade

3831
02:08:53,540 --> 02:08:55,400
Senator Paolo Benigno "Bam" Aquino IV: fairs and the creative economy more.

3832
02:08:55,400 --> 02:08:56,580
Senator Paolo Benigno "Bam" Aquino IV: So we'll work on that.

3833
02:08:57,380 --> 02:08:59,180
Senator Paolo Benigno "Bam" Aquino IV: We want to support our MSMEs.

3834
02:08:59,260 --> 02:09:01,260
Senator Paolo Benigno "Bam" Aquino IV: One is through more support

3835
02:09:01,260 --> 02:09:02,680
Senator Paolo Benigno "Bam" Aquino IV: through the shared service facilities,

3836
02:09:02,880 --> 02:09:05,580
Senator Paolo Benigno "Bam" Aquino IV: negosyo centers, and the negosyo center online project.

3837
02:09:05,880 --> 02:09:07,200
Senator Paolo Benigno "Bam" Aquino IV: But we also want to see an

3838
02:09:07,200 --> 02:09:09,560
Senator Paolo Benigno "Bam" Aquino IV: MSME protection or the beginnings

3839
02:09:09,560 --> 02:09:11,480
Senator Paolo Benigno "Bam" Aquino IV: of this office or this function

3840
02:09:11,480 --> 02:09:12,700
Senator Paolo Benigno "Bam" Aquino IV: with DTI SEC.

3841
02:09:13,660 --> 02:09:14,940
Senator Paolo Benigno "Bam" Aquino IV: And then lastly,

3842
02:09:15,320 --> 02:09:17,440
Senator Paolo Benigno "Bam" Aquino IV: the industries that are

3843
02:09:17,440 --> 02:09:19,520
Senator Paolo Benigno "Bam" Aquino IV: currently supporting

3844
02:09:19,520 --> 02:09:21,200
Senator Paolo Benigno "Bam" Aquino IV: our economy, we want to be sure that

3845
02:09:21,200 --> 02:09:23,120
Senator Paolo Benigno "Bam" Aquino IV: they're supported.

3846
02:09:23,120 --> 02:09:25,000
Senator Paolo Benigno "Bam" Aquino IV: They are at risk,

3847
02:09:25,120 --> 02:09:26,480
Senator Paolo Benigno "Bam" Aquino IV: but that there are plans for it.

3848
02:09:27,380 --> 02:09:28,740
Senator Paolo Benigno "Bam" Aquino IV: Of course, USEC

3849
02:09:28,740 --> 02:09:30,880
Senator Paolo Benigno "Bam" Aquino IV: Perry yung Pax Silica

3850
02:09:30,880 --> 02:09:32,860
Senator Paolo Benigno "Bam" Aquino IV: na very, unfortunately,

3851
02:09:33,040 --> 02:09:35,300
Senator Paolo Benigno "Bam" Aquino IV: very controversial at marami mga tanong.

3852
02:09:35,420 --> 02:09:36,260
Senator Paolo Benigno "Bam" Aquino IV: We want to be sure.

3853
02:09:37,240 --> 02:09:39,200
Senator Paolo Benigno "Bam" Aquino IV: Maybe before the plenary, we can have

3854
02:09:39,200 --> 02:09:40,920
Senator Paolo Benigno "Bam" Aquino IV: something written down

3855
02:09:40,920 --> 02:09:43,080
Senator Paolo Benigno "Bam" Aquino IV: whether it's BCDA

3856
02:09:43,080 --> 02:09:45,260
Senator Paolo Benigno "Bam" Aquino IV: or kayo po. But since we're handling

3857
02:09:45,260 --> 02:09:47,060
Senator Paolo Benigno "Bam" Aquino IV: your budget, nakatingin ako sa'yo, Secretary,

3858
02:09:47,420 --> 02:09:49,420
Senator Paolo Benigno "Bam" Aquino IV: para we're all on the same

3859
02:09:49,420 --> 02:09:50,960
Senator Paolo Benigno "Bam" Aquino IV: page. Okay.

3860
02:09:51,580 --> 02:09:53,280
Senator Paolo Benigno "Bam" Aquino IV: So, that's it

3861
02:09:53,280 --> 02:09:55,300
Senator Paolo Benigno "Bam" Aquino IV: for me. SEC, you want to

3862
02:09:55,300 --> 02:09:57,220
Senator Paolo Benigno "Bam" Aquino IV: may wish list ka ba na mga

3863
02:09:57,220 --> 02:09:59,440
Senator Paolo Benigno "Bam" Aquino IV: pwede pa sanang mapondohan?

3864
02:09:59,580 --> 02:10:00,840
Senator Paolo Benigno "Bam" Aquino IV: You can put it on the record.

3865
02:10:02,420 --> 02:10:03,140
DTI Secretary Maria Cristina Aldeguer-Roque: Thank you,

3866
02:10:03,360 --> 02:10:04,500
DTI Secretary Maria Cristina Aldeguer-Roque: Honorable Senator.

3867
02:10:04,860 --> 02:10:06,980
DTI Secretary Maria Cristina Aldeguer-Roque: I totally agree with you that the creative

3868
02:10:06,980 --> 02:10:09,220
DTI Secretary Maria Cristina Aldeguer-Roque: economy, we need to push it even

3869
02:10:09,220 --> 02:10:11,220
DTI Secretary Maria Cristina Aldeguer-Roque: further. There's so much potential

3870
02:10:11,220 --> 02:10:13,120
DTI Secretary Maria Cristina Aldeguer-Roque: in this sector.

3871
02:10:13,420 --> 02:10:15,080
DTI Secretary Maria Cristina Aldeguer-Roque: The budget that was given to us is

3872
02:10:15,080 --> 02:10:17,320
DTI Secretary Maria Cristina Aldeguer-Roque: quite low. So, they can also use

3873
02:10:17,320 --> 02:10:19,020
DTI Secretary Maria Cristina Aldeguer-Roque: the foreign trade attachés

3874
02:10:19,020 --> 02:10:20,880
DTI Secretary Maria Cristina Aldeguer-Roque: worldwide. We have

3875
02:10:20,880 --> 02:10:23,340
DTI Secretary Maria Cristina Aldeguer-Roque: 29 trade attachés,

3876
02:10:23,340 --> 02:10:25,240
DTI Secretary Maria Cristina Aldeguer-Roque: 21 posts. So, this is

3877
02:10:25,240 --> 02:10:26,700
DTI Secretary Maria Cristina Aldeguer-Roque: actually low-hanging fruit.

3878
02:10:27,220 --> 02:10:28,680
DTI Secretary Maria Cristina Aldeguer-Roque: Anywhere they want to enter, even

3879
02:10:28,680 --> 02:10:30,100
DTI Secretary Maria Cristina Aldeguer-Roque: example, our

3880
02:10:30,100 --> 02:10:33,180
DTI Secretary Maria Cristina Aldeguer-Roque: teleseries, we want

3881
02:10:33,180 --> 02:10:35,260
DTI Secretary Maria Cristina Aldeguer-Roque: to sell it to the different countries na maraming

3882
02:10:35,260 --> 02:10:37,180
DTI Secretary Maria Cristina Aldeguer-Roque: Filipinos doon, pwede. Tapos

3883
02:10:37,180 --> 02:10:38,900
DTI Secretary Maria Cristina Aldeguer-Roque: madali na lang maglagay ng translation.

3884
02:10:39,600 --> 02:10:41,200
DTI Secretary Maria Cristina Aldeguer-Roque: Actually, we've already

3885
02:10:41,200 --> 02:10:42,780
DTI Secretary Maria Cristina Aldeguer-Roque: set the meeting before with

3886
02:10:42,780 --> 02:10:45,200
DTI Secretary Maria Cristina Aldeguer-Roque: some of, let's say, GMA films

3887
02:10:45,200 --> 02:10:47,020
DTI Secretary Maria Cristina Aldeguer-Roque: and the trade attachés. So,

3888
02:10:47,360 --> 02:10:49,260
DTI Secretary Maria Cristina Aldeguer-Roque: we still need more budget lang to promote

3889
02:10:49,260 --> 02:10:51,060
DTI Secretary Maria Cristina Aldeguer-Roque: this. So, I totally agree with you.

3890
02:10:51,200 --> 02:10:53,300
DTI Secretary Maria Cristina Aldeguer-Roque: And then, the MSME protection,

3891
02:10:54,140 --> 02:10:55,340
DTI Secretary Maria Cristina Aldeguer-Roque: that's exactly

3892
02:10:55,340 --> 02:10:57,200
DTI Secretary Maria Cristina Aldeguer-Roque: what's needed now because they can't move it.

3893
02:10:57,220 --> 02:10:58,760
DTI Secretary Maria Cristina Aldeguer-Roque: Sometimes, because of certain

3894
02:10:58,760 --> 02:11:01,460
DTI Secretary Maria Cristina Aldeguer-Roque: issues na

3895
02:11:01,460 --> 02:11:03,280
DTI Secretary Maria Cristina Aldeguer-Roque: sometimes maliit lang na issue

3896
02:11:03,280 --> 02:11:05,300
DTI Secretary Maria Cristina Aldeguer-Roque: pero hindi sila makausad because of that

3897
02:11:05,300 --> 02:11:05,920
DTI Secretary Maria Cristina Aldeguer-Roque: issue. So,

3898
02:11:06,680 --> 02:11:09,180
DTI Secretary Maria Cristina Aldeguer-Roque: then for the industries, yes, we

3899
02:11:09,180 --> 02:11:11,360
DTI Secretary Maria Cristina Aldeguer-Roque: still need to continue to protect

3900
02:11:11,360 --> 02:11:13,300
DTI Secretary Maria Cristina Aldeguer-Roque: them and to take care of them.

3901
02:11:13,440 --> 02:11:15,100
DTI Secretary Maria Cristina Aldeguer-Roque: So, yun lang po. And then also

3902
02:11:15,100 --> 02:11:17,300
DTI Secretary Maria Cristina Aldeguer-Roque: the additional budget sana for the finance

3903
02:11:17,300 --> 02:11:19,320
DTI Secretary Maria Cristina Aldeguer-Roque: because we know like for the small and medium,

3904
02:11:19,720 --> 02:11:21,160
DTI Secretary Maria Cristina Aldeguer-Roque: once they have the

3905
02:11:21,160 --> 02:11:23,280
DTI Secretary Maria Cristina Aldeguer-Roque: places to sell the product plus the

3906
02:11:23,280 --> 02:11:25,620
DTI Secretary Maria Cristina Aldeguer-Roque: fund, sometimes may order na sila eh.

3907
02:11:25,620 --> 02:11:27,200
DTI Secretary Maria Cristina Aldeguer-Roque: But ang problema, wala na siya.

3908
02:11:27,220 --> 02:11:28,360
DTI Secretary Maria Cristina Aldeguer-Roque: Silang pambili ng

3909
02:11:28,360 --> 02:11:31,280
DTI Secretary Maria Cristina Aldeguer-Roque: raw material. So, yun lang po. Thank you.

3910
02:11:31,300 --> 02:11:33,300
Senator Paolo Benigno "Bam" Aquino IV: With regard to SB Corp,

3911
02:11:34,020 --> 02:11:37,420
Senator Paolo Benigno "Bam" Aquino IV: sige, let's talk offline

3912
02:11:37,420 --> 02:11:39,220
Senator Paolo Benigno "Bam" Aquino IV: kasi I think the increase

3913
02:11:39,220 --> 02:11:41,220
Senator Paolo Benigno "Bam" Aquino IV: for SB Corp may need

3914
02:11:41,220 --> 02:11:43,540
Senator Paolo Benigno "Bam" Aquino IV: go signal of DOF

3915
02:11:43,540 --> 02:11:45,480
Senator Paolo Benigno "Bam" Aquino IV: also and other

3916
02:11:45,480 --> 02:11:47,400
Senator Paolo Benigno "Bam" Aquino IV: agencies. You're looking for another

3917
02:11:47,400 --> 02:11:49,420
Senator Paolo Benigno "Bam" Aquino IV: 5 billion, sir, di ba? Napag-usapan natin

3918
02:11:49,420 --> 02:11:51,240
Senator Paolo Benigno "Bam" Aquino IV: last time. So,

3919
02:11:52,360 --> 02:11:53,480
Senator Paolo Benigno "Bam" Aquino IV: anyway, let's talk

3920
02:11:53,480 --> 02:11:55,520
Senator Paolo Benigno "Bam" Aquino IV: about that. Yung mga ibang initiatives kasi

3921
02:11:55,520 --> 02:11:57,020
Senator Paolo Benigno "Bam" Aquino IV: wala pa sa

3922
02:11:57,220 --> 02:11:59,100
Senator Paolo Benigno "Bam" Aquino IV: A-level, nasa M-level lang yun eh. So,

3923
02:11:59,780 --> 02:12:00,960
Senator Paolo Benigno "Bam" Aquino IV: baka mas kaya na natin

3924
02:12:00,960 --> 02:12:03,100
Senator Paolo Benigno "Bam" Aquino IV: yung ilagay.

3925
02:12:03,200 --> 02:12:05,400
Senator Paolo Benigno "Bam" Aquino IV: But for SB Corp and moving forward,

3926
02:12:06,200 --> 02:12:08,840
Senator Paolo Benigno "Bam" Aquino IV: we'll probably need

3927
02:12:08,840 --> 02:12:11,320
Senator Paolo Benigno "Bam" Aquino IV: DBM and DOF to chime

3928
02:12:11,320 --> 02:12:13,140
Senator Paolo Benigno "Bam" Aquino IV: in also. So, thank you, Secretary.

3929
02:12:13,320 --> 02:12:14,980
Senator Paolo Benigno "Bam" Aquino IV: Maraming salamat. Thank you to everyone.

3930
02:12:18,720 --> 02:12:19,280
Senator Paolo Benigno "Bam" Aquino IV: Feeling ko yung

3931
02:12:19,280 --> 02:12:21,280
Senator Paolo Benigno "Bam" Aquino IV: palakpak, umalis na kayo, yung palakpak

3932
02:12:21,280 --> 02:12:23,140
Senator Paolo Benigno "Bam" Aquino IV: ninyo. Okay, there being no further

3933
02:12:23,140 --> 02:12:25,220
Senator Paolo Benigno "Bam" Aquino IV: questions, the budgets of GCG

3934
02:12:25,220 --> 02:12:27,060
Senator Paolo Benigno "Bam" Aquino IV: and DTI, including its

3935
02:12:27,060 --> 02:12:28,980
Senator Paolo Benigno "Bam" Aquino IV: attached agencies and corporations, are now

3936
02:12:28,980 --> 02:12:30,900
Senator Paolo Benigno "Bam" Aquino IV: deemed submitted for the plenary's consideration

3937
02:12:30,900 --> 02:12:33,160
Senator Paolo Benigno "Bam" Aquino IV: subject to the submission of documents

3938
02:12:33,160 --> 02:12:34,880
Senator Paolo Benigno "Bam" Aquino IV: and information requested. And this

3939
02:12:34,880 --> 02:12:36,980
Senator Paolo Benigno "Bam" Aquino IV: briefing is hereby suspended. Maraming salamat.

3940
02:12:37,120 --> 02:12:37,400
Senator Paolo Benigno "Bam" Aquino IV: Thank you.