WEBVTT

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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

asr-000172
00:11:40.940 --> 00:11:44.940
GCG Chairperson Atty. Marius P. Corpus: the required performance documents.

asr-000173
00:11:44.940 --> 00:11:46.940
GCG Chairperson Atty. Marius P. Corpus: Next slide.

asr-000174
00:11:46.940 --> 00:11:49.940
GCG Chairperson Atty. Marius P. Corpus: From 2023 to 2025,

asr-000175
00:11:49.940 --> 00:11:52.940
GCG Chairperson Atty. Marius P. Corpus: we see a consistent decline in total subsidies

asr-000176
00:11:52.940 --> 00:11:55.940
GCG Chairperson Atty. Marius P. Corpus: received by the GOCC sector.

asr-000177
00:11:55.940 --> 00:12:00.940
GCG Chairperson Atty. Marius P. Corpus: Subsidies went down from 154 billion in 2023

asr-000178
00:12:00.940 --> 00:12:04.940
GCG Chairperson Atty. Marius P. Corpus: to 128 billion in 2024

asr-000179
00:12:04.940 --> 00:12:07.940
GCG Chairperson Atty. Marius P. Corpus: and 96 billion in 2025.

asr-000180
00:12:07.940 --> 00:12:09.940
GCG Chairperson Atty. Marius P. Corpus: This represents a reduction of about

asr-000181
00:12:09.940 --> 00:12:12.940
GCG Chairperson Atty. Marius P. Corpus: 38% over the past three years.

asr-000182
00:12:13.940 --> 00:12:15.940
GCG Chairperson Atty. Marius P. Corpus: In 2025,

asr-000183
00:12:15.940 --> 00:12:18.940
GCG Chairperson Atty. Marius P. Corpus: the total assets of the GOCC sector

asr-000184
00:12:18.940 --> 00:12:23.940
GCG Chairperson Atty. Marius P. Corpus: was recorded at 14.38 trillion pesos,

asr-000185
00:12:25.940 --> 00:12:27.940
GCG Chairperson Atty. Marius P. Corpus: trillion, trillion,

asr-000186
00:12:27.940 --> 00:12:29.940
GCG Chairperson Atty. Marius P. Corpus: trillion pesos, Your Honor,

asr-000187
00:12:29.940 --> 00:12:32.940
GCG Chairperson Atty. Marius P. Corpus: which exhibited an overall increase of 8%

asr-000188
00:12:32.940 --> 00:12:34.940
GCG Chairperson Atty. Marius P. Corpus: from the previous year.

asr-000189
00:12:34.940 --> 00:12:36.940
Senator Paolo Benigno "Bam" Aquino IV: What would be the biggest share of the,

asr-000190
00:12:36.940 --> 00:12:39.940
Senator Paolo Benigno "Bam" Aquino IV: which GOCC has the biggest share of that 14

asr-000191
00:12:39.940 --> 00:12:40.940
Senator Paolo Benigno "Bam" Aquino IV: trillion?

asr-000192
00:12:40.940 --> 00:12:42.940
GCG Chairperson Atty. Marius P. Corpus: It should be the GFIs, Your Honor,

asr-000193
00:12:42.940 --> 00:12:43.940
GCG Chairperson Atty. Marius P. Corpus: the land bank,

asr-000194
00:12:43.940 --> 00:12:44.940
GCG Chairperson Atty. Marius P. Corpus: the Development Bank of the Philippines.

asr-000195
00:12:44.940 --> 00:12:45.940
GCG Chairperson Atty. Marius P. Corpus: Of course.

asr-000196
00:12:47.940 --> 00:12:49.940
GCG Chairperson Atty. Marius P. Corpus: May I proceed, Your Honor?

asr-000197
00:12:49.940 --> 00:12:52.940
GCG Chairperson Atty. Marius P. Corpus: After the establishment of the GCG,

asr-000198
00:12:52.940 --> 00:12:54.940
GCG Chairperson Atty. Marius P. Corpus: GOCC dividends significantly increased

asr-000199
00:12:54.940 --> 00:12:56.940
GCG Chairperson Atty. Marius P. Corpus: throughout the years.

asr-000200
00:12:56.940 --> 00:12:58.940
GCG Chairperson Atty. Marius P. Corpus: For comparison,

asr-000201
00:12:58.940 --> 00:13:02.940
GCG Chairperson Atty. Marius P. Corpus: from 2002 to 2011,

asr-000202
00:13:02.940 --> 00:13:05.940
GCG Chairperson Atty. Marius P. Corpus: or before the GCG was established,

asr-000203
00:13:05.940 --> 00:13:07.940
GCG Chairperson Atty. Marius P. Corpus: the total dividend remittances of GOCCs was

asr-000204
00:13:07.940 --> 00:13:11.940
GCG Chairperson Atty. Marius P. Corpus: 68.71 billion,

asr-000205
00:13:11.940 --> 00:13:16.940
GCG Chairperson Atty. Marius P. Corpus: with an average of 6.87 billion annually.

asr-000206
00:13:16.940 --> 00:13:19.940
GCG Chairperson Atty. Marius P. Corpus: After the establishment of the GCG,

asr-000207
00:13:19.940 --> 00:13:21.940
GCG Chairperson Atty. Marius P. Corpus: the total dividends is,

asr-000208
00:13:21.940 --> 00:13:23.940
GCG Chairperson Atty. Marius P. Corpus: as of today,

asr-000209
00:13:23.940 --> 00:13:26.940
GCG Chairperson Atty. Marius P. Corpus: is 626.62 billion,

asr-000210
00:13:26.940 --> 00:13:30.940
GCG Chairperson Atty. Marius P. Corpus: with a 44 billion annual average.

asr-000211
00:13:32.940 --> 00:13:34.940
GCG Chairperson Atty. Marius P. Corpus: Before we go into details,

asr-000212
00:13:34.940 --> 00:13:37.940
GCG Chairperson Atty. Marius P. Corpus: allow me to present the GCG's proposed

asr-000213
00:13:37.940 --> 00:13:40.940
GCG Chairperson Atty. Marius P. Corpus: 2027 budget.

asr-000214
00:13:40.940 --> 00:13:42.940
GCG Chairperson Atty. Marius P. Corpus: The budget is designed to support

asr-000215
00:13:42.940 --> 00:13:45.940
GCG Chairperson Atty. Marius P. Corpus: the Commission's programs and priorities,

asr-000216
00:13:45.940 --> 00:13:47.940
GCG Chairperson Atty. Marius P. Corpus: ensuring that we can continue delivering

asr-000217
00:13:47.940 --> 00:13:49.940
GCG Chairperson Atty. Marius P. Corpus: on our mandates.

asr-000218
00:13:49.940 --> 00:13:51.940
GCG Chairperson Atty. Marius P. Corpus: For the proposed budget,

asr-000219
00:13:51.940 --> 00:13:54.940
GCG Chairperson Atty. Marius P. Corpus: the GCG has aligned its funding requirements

asr-000220
00:13:54.940 --> 00:13:57.940
GCG Chairperson Atty. Marius P. Corpus: with its Tier 1 agency priorities,

asr-000221
00:13:57.940 --> 00:14:02.940
GCG Chairperson Atty. Marius P. Corpus: which represent the most critical initiatives.

asr-000222
00:14:02.940 --> 00:14:06.940
GCG Chairperson Atty. Marius P. Corpus: This focuses on implementing and reviewing

asr-000223
00:14:06.940 --> 00:14:10.940
GCG Chairperson Atty. Marius P. Corpus: the Compensation and Position Classification System 2

asr-000224
00:14:10.940 --> 00:14:14.940
GCG Chairperson Atty. Marius P. Corpus: in preparation for the regular review

asr-000225
00:14:14.940 --> 00:14:16.940
GCG Chairperson Atty. Marius P. Corpus: of the CPCS,

asr-000226
00:14:16.940 --> 00:14:19.940
GCG Chairperson Atty. Marius P. Corpus: in preparation for CPCS 3,

asr-000227
00:14:19.940 --> 00:14:24.940
GCG Chairperson Atty. Marius P. Corpus: hopefully in 2028 or 2027.

asr-000228
00:14:24.940 --> 00:14:27.940
GCG Chairperson Atty. Marius P. Corpus: The review will start in 2027

asr-000229
00:14:27.940 --> 00:14:31.940
GCG Chairperson Atty. Marius P. Corpus: and for implementation in 2028.

asr-000230
00:14:31.940 --> 00:14:35.940
GCG Chairperson Atty. Marius P. Corpus: Enhancing the integrated corporate reporting system

asr-000231
00:14:35.940 --> 00:14:38.940
GCG Chairperson Atty. Marius P. Corpus: and the performance evaluation system

asr-000232
00:14:38.940 --> 00:14:39.940
GCG Chairperson Atty. Marius P. Corpus: or the PES,

asr-000233
00:14:39.940 --> 00:14:42.940
GCG Chairperson Atty. Marius P. Corpus: identifying and evaluating GOCCs

asr-000234
00:14:42.940 --> 00:14:44.940
GCG Chairperson Atty. Marius P. Corpus: for possible dispositive action,

asr-000235
00:14:44.940 --> 00:14:46.940
GCG Chairperson Atty. Marius P. Corpus: strengthening the WHIP

asr-000236
00:14:46.940 --> 00:14:50.940
GCG Chairperson Atty. Marius P. Corpus: or the Whistleblowing and Integrity Portal program,

asr-000237
00:14:50.940 --> 00:14:53.940
GCG Chairperson Atty. Marius P. Corpus: sustaining the talent pool for appointed positions,

asr-000238
00:14:53.940 --> 00:14:56.940
GCG Chairperson Atty. Marius P. Corpus: supporting the liquidation of GOCCs

asr-000239
00:14:56.940 --> 00:14:58.940
GCG Chairperson Atty. Marius P. Corpus: approved for abolition,

asr-000240
00:14:58.940 --> 00:14:59.940
GCG Chairperson Atty. Marius P. Corpus: and

asr-000241
00:15:00.000 --> 00:15:07.120
GCG Chairperson Atty. Marius P. Corpus: enhancing the Corporate Governance Scorecard, and pursuing organizational structuring plans for GOCCs.

asr-000242
00:15:07.780 --> 00:15:16.400
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,

asr-000243
00:15:17.200 --> 00:15:20.540
GCG Chairperson Atty. Marius P. Corpus: aimed at sustaining and enhancing its long-term capabilities.

asr-000244
00:15:21.600 --> 00:15:25.640
GCG Chairperson Atty. Marius P. Corpus: These include fleet modernization to improve operational mobility,

asr-000245
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.

asr-000246
00:15:38.080 --> 00:15:42.920
GCG Chairperson Atty. Marius P. Corpus: The budget will likewise support organizational expansion requirements,

asr-000247
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,

asr-000248
00:15:51.800 --> 00:15:54.800
GCG Chairperson Atty. Marius P. Corpus: and the development of strategic local and international initiatives.

asr-000249
00:15:55.640 --> 00:16:01.280
GCG Chairperson Atty. Marius P. Corpus: The budget will also support international partnerships to elevate governance standards across the GOCC sector.

asr-000250
00:16:02.840 --> 00:16:12.260
GCG Chairperson Atty. Marius P. Corpus: For 2027, the GCG has been allocated 408.382 million pesos,

asr-000251
00:16:12.260 --> 00:16:22.360
GCG Chairperson Atty. Marius P. Corpus: which accounts for 171 filled plantilla positions, or P197.920 million.

asr-000252
00:16:23.380 --> 00:16:25.260
GCG Chairperson Atty. Marius P. Corpus: P174.389 million

asr-000253
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.

asr-000254
00:16:34.220 --> 00:16:38.820
GCG Chairperson Atty. Marius P. Corpus: Moving on to our financial performance, this slide outlines...

asr-000255
00:16:38.820 --> 00:16:41.120
Senator Paolo Benigno "Bam" Aquino IV: Atty., let me just interrupt you for a while.

asr-000256
00:16:41.220 --> 00:16:45.100
Senator Paolo Benigno "Bam" Aquino IV: Let me recognize our Chairperson of Finance, Senator J.V. Ejercito.

asr-000257
00:16:45.480 --> 00:16:46.320
Senator Paolo Benigno "Bam" Aquino IV: Good afternoon, Your Honor.

asr-000258
00:16:46.320 --> 00:16:50.320
Senator Paolo Benigno "Bam" Aquino IV: We're in the middle of the presentation, but I also know the Chairman is bilocating today.

asr-000259
00:16:50.860 --> 00:16:53.400
Senator Paolo Benigno "Bam" Aquino IV: Would you want a statement first?

asr-000260
00:16:53.940 --> 00:16:55.420
Senator Joseph Victor "JV" G. Ejercito: Yeah, sorry, Atty. Corpus.

asr-000261
00:16:55.640 --> 00:16:56.820
Senator Joseph Victor "JV" G. Ejercito: We will be transferring to...

asr-000262
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.

asr-000263
00:16:59.860 --> 00:17:00.780
Senator Joseph Victor "JV" G. Ejercito: Please go ahead. Thank you.

asr-000264
00:17:07.780 --> 00:17:14.960
GCG Chairperson Atty. Marius P. Corpus: Moving on to our financial performance, this slide outlines our Fiscal Year 2026

asr-000265
00:17:14.960 --> 00:17:17.680
GCG Chairperson Atty. Marius P. Corpus: General Appropriations Act Budget Utilization.

asr-000266
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,

asr-000267
00:17:25.640 --> 00:17:36.160
GCG Chairperson Atty. Marius P. Corpus: we have successfully obligated P217.452 million as of August 31, 2026,

asr-000268
00:17:36.800 --> 00:17:42.620
GCG Chairperson Atty. Marius P. Corpus: representing an overall budget utilization rate of 55.11 percent.

asr-000269
00:17:43.760 --> 00:17:46.440
GCG Chairperson Atty. Marius P. Corpus: Looking closer at our expenditure classes,

asr-000270
00:17:47.820 --> 00:17:52.480
GCG Chairperson Atty. Marius P. Corpus: personal services stands at P206.017 million

asr-000271
00:17:52.480 --> 00:17:55.480
GCG Chairperson Atty. Marius P. Corpus: with P123

asr-000272
00:17:55.640 --> 00:17:58.720
GCG Chairperson Atty. Marius P. Corpus: .852 million already obligated.

asr-000273
00:17:59.340 --> 00:18:02.960
GCG Chairperson Atty. Marius P. Corpus: A strong utilization rate of 60.10 percent.

asr-000274
00:18:04.020 --> 00:18:10.600
GCG Chairperson Atty. Marius P. Corpus: Maintenance and other operating expenses accounts for P188.532 million

asr-000275
00:18:10.600 --> 00:18:18.040
GCG Chairperson Atty. Marius P. Corpus: with P93.600 million obligated, tracking at 49.65 percent.

asr-000276
00:18:19.380 --> 00:18:24.000
GCG Chairperson Atty. Marius P. Corpus: We currently have no allocations for capital outlay.

asr-000277
00:18:24.800 --> 00:18:25.000
GCG Chairperson Atty. Marius P. Corpus: When

asr-000278
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.

asr-000279
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.

asr-000280
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.

asr-000281
00:19:24.140 --> 00:19:45.920
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.

asr-000282
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.

asr-000284
00:19:54.140 --> 00:20:24.120
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%.

asr-000287
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.

asr-000288
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.

asr-000289
00:20:54.140 --> 00:21:05.420
GCG Chairperson Atty. Marius P. Corpus: The slide on our major programs, activities, and projects, Your Honors, are reflected in the, are reflected.

asr-000290
00:21:06.880 --> 00:21:08.880
GCG Chairperson Atty. Marius P. Corpus: Next slide, please.

asr-000291
00:21:10.100 --> 00:21:15.480
GCG Chairperson Atty. Marius P. Corpus: This final slide outlines our Tier 2 proposed additional budget,

asr-000292
00:21:15.480 --> 00:21:24.700
GCG Chairperson Atty. Marius P. Corpus: totaling P207,846,000 for priority projects.

asr-000293
00:21:25.880 --> 00:21:32.600
GCG Chairperson Atty. Marius P. Corpus: These strategic funds are critical to scaling our operational capacity,

asr-000294
00:21:33.600 --> 00:21:37.720
GCG Chairperson Atty. Marius P. Corpus: ensuring safety, and modernizing our digital infrastructure.

asr-000295
00:21:38.520 --> 00:21:41.880
GCG Chairperson Atty. Marius P. Corpus: The proposal is broken down into three major items.

asr-000296
00:21:42.220 --> 00:21:44.680
GCG Chairperson Atty. Marius P. Corpus: Additional MOOE funding,

asr-000297
00:21:44.680 --> 00:21:53.120
GCG Chairperson Atty. Marius P. Corpus: of P25,942,000 required to support rising operational expenses

asr-000298
00:21:53.120 --> 00:21:59.160
GCG Chairperson Atty. Marius P. Corpus: driven directly by our increased manpower and expanding regulatory capacity.

asr-000299
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

asr-000300
00:22:08.160 --> 00:22:10.520
GCG Chairperson Atty. Marius P. Corpus: that have exceeded their useful life,

asr-000301
00:22:11.200 --> 00:22:14.660
GCG Chairperson Atty. Marius P. Corpus: with our oldest vehicle now running for almost 13 years.

asr-000302
00:22:15.660 --> 00:22:18.940
GCG Chairperson Atty. Marius P. Corpus: Enhancement of major ICT projects,

asr-000303
00:22:19.700 --> 00:22:23.800
GCG Chairperson Atty. Marius P. Corpus: 169,904,000.

asr-000304
00:22:24.200 --> 00:22:30.180
GCG Chairperson Atty. Marius P. Corpus: Our largest investment covering both MOOE and capital outlay

asr-000305
00:22:30.180 --> 00:22:33.500
GCG Chairperson Atty. Marius P. Corpus: to procure critical ICT equipment,

asr-000306
00:22:34.320 --> 00:22:36.120
GCG Chairperson Atty. Marius P. Corpus: scale up services and infrastructure,

asr-000307
00:22:36.960 --> 00:22:39.680
GCG Chairperson Atty. Marius P. Corpus: and reinforce our cybersecurity defenses.

asr-000308
00:22:41.120 --> 00:22:44.460
GCG Chairperson Atty. Marius P. Corpus: Following the approval of the GCG's

asr-000309
00:22:44.680 --> 00:22:46.480
GCG Chairperson Atty. Marius P. Corpus: revised organizational restructuring

asr-000310
00:22:46.480 --> 00:22:47.760
GCG Chairperson Atty. Marius P. Corpus: and staffing pattern,

asr-000311
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

asr-000312
00:22:53.140 --> 00:22:58.980
GCG Chairperson Atty. Marius P. Corpus: in the amount of P25,942,000 is formally requested.

asr-000313
00:23:00.020 --> 00:23:01.520
GCG Chairperson Atty. Marius P. Corpus: The approved restructuring,

asr-000314
00:23:01.980 --> 00:23:06.940
GCG Chairperson Atty. Marius P. Corpus: which expands the headcount from 239 to 292 positions,

asr-000315
00:23:07.860 --> 00:23:12.480
GCG Chairperson Atty. Marius P. Corpus: was strategically instituted to optimize institutional efficiency

asr-000316
00:23:12.480 --> 00:23:14.460
GCG Chairperson Atty. Marius P. Corpus: and enhance public service.

asr-000317
00:23:14.680 --> 00:23:20.880
GCG Chairperson Atty. Marius P. Corpus: While the core compensation for the expanded headcount

asr-000318
00:23:20.880 --> 00:23:23.460
GCG Chairperson Atty. Marius P. Corpus: is separately accounted for,

asr-000319
00:23:23.460 --> 00:23:28.380
GCG Chairperson Atty. Marius P. Corpus: the requested MOOE augmentation is critically required

asr-000320
00:23:28.380 --> 00:23:30.980
GCG Chairperson Atty. Marius P. Corpus: to provide the operational support,

asr-000321
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.

asr-000322
00:23:37.900 --> 00:23:41.320
GCG Chairperson Atty. Marius P. Corpus: This requested MOOE augmentation

asr-000323
00:23:41.320 --> 00:23:44.460
GCG Chairperson Atty. Marius P. Corpus: is thus intended to directly fund the essential needs,

asr-000324
00:23:44.680 --> 00:23:48.280
GCG Chairperson Atty. Marius P. Corpus: the financial and logistical requirements of the expanded workforce,

asr-000325
00:23:48.840 --> 00:23:51.840
GCG Chairperson Atty. Marius P. Corpus: including the procurement of additional office supplies

asr-000326
00:23:51.840 --> 00:23:54.760
GCG Chairperson Atty. Marius P. Corpus: and other day-to-day operational needs.

asr-000327
00:23:55.960 --> 00:23:56.620
GCG Chairperson Atty. Marius P. Corpus: Furthermore,

asr-000328
00:23:57.280 --> 00:24:00.740
GCG Chairperson Atty. Marius P. Corpus: it will cover the incremental increases in utility expenses,

asr-000329
00:24:01.340 --> 00:24:02.960
GCG Chairperson Atty. Marius P. Corpus: communication allowances,

asr-000330
00:24:03.800 --> 00:24:07.600
GCG Chairperson Atty. Marius P. Corpus: and travel costs directly associated with expanded operations

asr-000331
00:24:07.600 --> 00:24:10.900
GCG Chairperson Atty. Marius P. Corpus: of the GCG's corporate governance offices.

asr-000332
00:24:12.000 --> 00:24:13.620
GCG Chairperson Atty. Marius P. Corpus: For easy reference,

asr-000333
00:24:13.620 --> 00:24:16.180
GCG Chairperson Atty. Marius P. Corpus: presented is the breakdown of the

asr-000334
00:24:16.180 --> 00:24:17.900
GCG Chairperson Atty. Marius P. Corpus: requested MOOE

asr-000335
00:24:17.900 --> 00:24:19.040
GCG Chairperson Atty. Marius P. Corpus: augmentation.

asr-000336
00:24:21.180 --> 00:24:22.720
GCG Chairperson Atty. Marius P. Corpus: Next slide, please.

asr-000337
00:24:24.100 --> 00:24:24.740
GCG Chairperson Atty. Marius P. Corpus: For the

asr-000338
00:24:24.740 --> 00:24:26.660
GCG Chairperson Atty. Marius P. Corpus: motor vehicle

asr-000339
00:24:26.660 --> 00:24:27.700
GCG Chairperson Atty. Marius P. Corpus: reflating program.

asr-000340
00:24:28.520 --> 00:24:30.180
GCG Chairperson Atty. Marius P. Corpus: In addition to the operational

asr-000341
00:24:30.180 --> 00:24:32.040
GCG Chairperson Atty. Marius P. Corpus: requirements, a supplementary

asr-000342
00:24:32.040 --> 00:24:34.140
GCG Chairperson Atty. Marius P. Corpus: budgetary allocation under capital

asr-000343
00:24:34.140 --> 00:24:36.100
GCG Chairperson Atty. Marius P. Corpus: outlay in the amount of

asr-000344
00:24:36.100 --> 00:24:38.040
GCG Chairperson Atty. Marius P. Corpus: 12 million is formally requested

asr-000345
00:24:38.040 --> 00:24:40.120
GCG Chairperson Atty. Marius P. Corpus: for the procurement of

asr-000346
00:24:40.120 --> 00:24:41.260
GCG Chairperson Atty. Marius P. Corpus: new motor vehicles.

asr-000347
00:24:41.260 --> 00:24:43.400
GCG Chairperson Atty. Marius P. Corpus: This capital investment

asr-000348
00:24:43.400 --> 00:24:45.320
GCG Chairperson Atty. Marius P. Corpus: is urgently required to

asr-000349
00:24:45.320 --> 00:24:47.200
GCG Chairperson Atty. Marius P. Corpus: replace the GCG's aging and

asr-000350
00:24:47.200 --> 00:24:49.340
GCG Chairperson Atty. Marius P. Corpus: deteriorating fleet, which has

asr-000351
00:24:49.340 --> 00:24:50.520
GCG Chairperson Atty. Marius P. Corpus: far exceeded its

asr-000352
00:24:50.520 --> 00:24:52.520
GCG Chairperson Atty. Marius P. Corpus: economic service life.

asr-000353
00:24:53.580 --> 00:24:54.460
GCG Chairperson Atty. Marius P. Corpus: Currently,

asr-000354
00:24:55.340 --> 00:24:57.280
GCG Chairperson Atty. Marius P. Corpus: the existing vehicles present

asr-000355
00:24:57.280 --> 00:24:58.960
GCG Chairperson Atty. Marius P. Corpus: escalating repair and maintenance

asr-000356
00:24:58.960 --> 00:25:01.560
GCG Chairperson Atty. Marius P. Corpus: costs, frequent operational

asr-000357
00:25:01.560 --> 00:25:03.160
GCG Chairperson Atty. Marius P. Corpus: downtime, and compromised

asr-000358
00:25:03.160 --> 00:25:05.060
GCG Chairperson Atty. Marius P. Corpus: safety standards for personnel.

asr-000359
00:25:06.220 --> 00:25:07.380
GCG Chairperson Atty. Marius P. Corpus: Given the recently

asr-000360
00:25:07.380 --> 00:25:09.720
GCG Chairperson Atty. Marius P. Corpus: approved reorganization of the GCG

asr-000361
00:25:09.720 --> 00:25:11.140
GCG Chairperson Atty. Marius P. Corpus: and the resulting

asr-000362
00:25:11.140 --> 00:25:12.640
GCG Chairperson Atty. Marius P. Corpus: expansion of authorized

asr-000363
00:25:12.640 --> 00:25:14.680
GCG Chairperson Atty. Marius P. Corpus: headcount, the demand for

asr-000364
00:25:14.680 --> 00:25:17.100
GCG Chairperson Atty. Marius P. Corpus: reliable mobility assets

asr-000365
00:25:17.100 --> 00:25:18.160
GCG Chairperson Atty. Marius P. Corpus: has intensified.

asr-000366
00:25:19.160 --> 00:25:20.520
GCG Chairperson Atty. Marius P. Corpus: The procurement of these

asr-000367
00:25:20.520 --> 00:25:22.580
GCG Chairperson Atty. Marius P. Corpus: replacement vehicles is critical

asr-000368
00:25:22.580 --> 00:25:24.580
GCG Chairperson Atty. Marius P. Corpus: to ensuring that the newly expanded

asr-000369
00:25:24.580 --> 00:25:26.820
GCG Chairperson Atty. Marius P. Corpus: workforce can seamlessly

asr-000370
00:25:26.820 --> 00:25:28.320
GCG Chairperson Atty. Marius P. Corpus: conduct field inspections,

asr-000371
00:25:29.260 --> 00:25:30.860
GCG Chairperson Atty. Marius P. Corpus: deliver frontline services,

asr-000372
00:25:31.380 --> 00:25:32.760
GCG Chairperson Atty. Marius P. Corpus: and execute mandated

asr-000373
00:25:32.760 --> 00:25:34.560
GCG Chairperson Atty. Marius P. Corpus: regional operations without

asr-000374
00:25:34.560 --> 00:25:35.900
GCG Chairperson Atty. Marius P. Corpus: logistical delays.

asr-000375
00:25:37.180 --> 00:25:38.160
GCG Chairperson Atty. Marius P. Corpus: This requested

asr-000376
00:25:38.160 --> 00:25:41.040
GCG Chairperson Atty. Marius P. Corpus: capital outlay allocation

asr-000377
00:25:41.040 --> 00:25:42.800
GCG Chairperson Atty. Marius P. Corpus: will directly fund

asr-000378
00:25:42.800 --> 00:25:44.080
GCG Chairperson Atty. Marius P. Corpus: the acquisition of three

asr-000379
00:25:44.080 --> 00:25:46.620
GCG Chairperson Atty. Marius P. Corpus: multipurpose vehicles and three

asr-000380
00:25:46.620 --> 00:25:48.660
GCG Chairperson Atty. Marius P. Corpus: passenger vans in strict

asr-000381
00:25:48.660 --> 00:25:50.620
GCG Chairperson Atty. Marius P. Corpus: compliance with existing government

asr-000382
00:25:50.620 --> 00:25:52.840
GCG Chairperson Atty. Marius P. Corpus: procurement guidelines and

asr-000383
00:25:52.840 --> 00:25:55.020
GCG Chairperson Atty. Marius P. Corpus: vehicle categorization standards.

asr-000384
00:25:56.180 --> 00:25:56.860
GCG Chairperson Atty. Marius P. Corpus: Replacing

asr-000385
00:25:56.860 --> 00:25:58.780
GCG Chairperson Atty. Marius P. Corpus: the GCG's aging assets

asr-000386
00:25:58.780 --> 00:26:00.660
GCG Chairperson Atty. Marius P. Corpus: will immediately mitigate the

asr-000387
00:26:00.660 --> 00:26:02.120
GCG Chairperson Atty. Marius P. Corpus: high recurrent expenditures

asr-000388
00:26:02.120 --> 00:26:04.720
GCG Chairperson Atty. Marius P. Corpus: currently spent on stopgap

asr-000389
00:26:04.720 --> 00:26:06.480
GCG Chairperson Atty. Marius P. Corpus: repairs under the operating

asr-000390
00:26:06.480 --> 00:26:08.640
GCG Chairperson Atty. Marius P. Corpus: budget, thereby promoting

asr-000391
00:26:08.640 --> 00:26:10.480
GCG Chairperson Atty. Marius P. Corpus: long-term fiscal efficiency.

asr-000392
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.

asr-000393
00:26:28.660 --> 00:26:29.840
GCG Chairperson Atty. Marius P. Corpus: Guided by this vision,

asr-000394
00:26:30.660 --> 00:26:32.480
GCG Chairperson Atty. Marius P. Corpus: the GCG continues to invest

asr-000395
00:26:32.480 --> 00:26:34.580
GCG Chairperson Atty. Marius P. Corpus: in digital transformation initiatives

asr-000396
00:26:34.580 --> 00:26:36.260
GCG Chairperson Atty. Marius P. Corpus: that strengthen

asr-000397
00:26:36.260 --> 00:26:38.340
GCG Chairperson Atty. Marius P. Corpus: governance, improve

asr-000398
00:26:38.340 --> 00:26:39.800
GCG Chairperson Atty. Marius P. Corpus: operational efficiency,

asr-000399
00:26:39.800 --> 00:26:41.800
GCG Chairperson Atty. Marius P. Corpus: enhance transparency,

asr-000400
00:26:41.800 --> 00:26:43.800
GCG Chairperson Atty. Marius P. Corpus: and secure government

asr-000401
00:26:43.800 --> 00:26:45.280
GCG Chairperson Atty. Marius P. Corpus: information systems.

asr-000402
00:26:45.800 --> 00:26:47.720
GCG Chairperson Atty. Marius P. Corpus: In support of these objectives,

asr-000403
00:26:48.100 --> 00:26:50.260
GCG Chairperson Atty. Marius P. Corpus: we respectfully present the following

asr-000404
00:26:50.260 --> 00:26:51.900
GCG Chairperson Atty. Marius P. Corpus: ICT programs

asr-000405
00:26:51.900 --> 00:26:53.580
GCG Chairperson Atty. Marius P. Corpus: and projects for consideration.

asr-000406
00:26:55.760 --> 00:26:57.760
GCG Chairperson Atty. Marius P. Corpus: First, the enhancement

asr-000407
00:26:57.760 --> 00:27:00.380
GCG Chairperson Atty. Marius P. Corpus: and maintenance of the EICRS.

asr-000408
00:27:01.160 --> 00:27:01.920
GCG Chairperson Atty. Marius P. Corpus: The GCG

asr-000409
00:27:01.920 --> 00:27:03.940
GCG Chairperson Atty. Marius P. Corpus: has already secured the support of the

asr-000410
00:27:03.940 --> 00:27:05.140
GCG Chairperson Atty. Marius P. Corpus: Asian Development Bank

asr-000411
00:27:05.140 --> 00:27:08.220
GCG Chairperson Atty. Marius P. Corpus: in developing an enhanced

asr-000412
00:27:08.220 --> 00:27:09.560
GCG Chairperson Atty. Marius P. Corpus: integrated

asr-000413
00:27:09.560 --> 00:27:11.360
GCG Chairperson Atty. Marius P. Corpus: corporate reporting system.

asr-000414
00:27:11.360 --> 00:27:13.580
GCG Chairperson Atty. Marius P. Corpus: To fully realize

asr-000415
00:27:13.580 --> 00:27:15.520
GCG Chairperson Atty. Marius P. Corpus: the benefits of this internationally

asr-000416
00:27:15.520 --> 00:27:16.760
GCG Chairperson Atty. Marius P. Corpus: supported initiative,

asr-000417
00:27:17.320 --> 00:27:19.100
GCG Chairperson Atty. Marius P. Corpus: it is equally important

asr-000418
00:27:19.100 --> 00:27:21.240
GCG Chairperson Atty. Marius P. Corpus: to provide the necessary ICT

asr-000419
00:27:21.240 --> 00:27:23.360
GCG Chairperson Atty. Marius P. Corpus: infrastructure that will

asr-000420
00:27:23.360 --> 00:27:25.520
GCG Chairperson Atty. Marius P. Corpus: sustain, secure, and expand

asr-000421
00:27:25.520 --> 00:27:26.200
GCG Chairperson Atty. Marius P. Corpus: the platform.

asr-000422
00:27:27.020 --> 00:27:29.260
GCG Chairperson Atty. Marius P. Corpus: Without the required servers,

asr-000423
00:27:29.680 --> 00:27:31.300
GCG Chairperson Atty. Marius P. Corpus: storage, software

asr-000424
00:27:31.300 --> 00:27:33.260
GCG Chairperson Atty. Marius P. Corpus: licenses, subscriptions,

asr-000425
00:27:34.080 --> 00:27:35.360
GCG Chairperson Atty. Marius P. Corpus: and cyber security

asr-000426
00:27:35.360 --> 00:27:37.360
GCG Chairperson Atty. Marius P. Corpus: tools, we risk underutilizing

asr-000427
00:27:38.100 --> 00:27:39.080
GCG Chairperson Atty. Marius P. Corpus: an important

asr-000428
00:27:39.080 --> 00:27:39.540
GCG Chairperson Atty. Marius P. Corpus: digital system.

asr-000429
00:27:39.560 --> 00:27:41.060
GCG Chairperson Atty. Marius P. Corpus: Digital Governance Investment.

asr-000430
00:27:41.940 --> 00:27:43.220
GCG Chairperson Atty. Marius P. Corpus: The EICR,

asr-000431
00:27:43.420 --> 00:27:44.000
GCG Chairperson Atty. Marius P. Corpus: as your honor,

asr-000432
00:27:44.280 --> 00:27:45.880
GCG Chairperson Atty. Marius P. Corpus: it can be accessed

asr-000433
00:27:45.880 --> 00:27:48.400
GCG Chairperson Atty. Marius P. Corpus: on the GCG website.

asr-000434
00:27:50.220 --> 00:27:51.420
GCG Chairperson Atty. Marius P. Corpus: It's available

asr-000435
00:27:51.420 --> 00:27:52.500
GCG Chairperson Atty. Marius P. Corpus: by everybody.

asr-000436
00:27:52.760 --> 00:27:54.380
GCG Chairperson Atty. Marius P. Corpus: It can be accessed by everybody.

asr-000437
00:27:54.860 --> 00:27:56.640
GCG Chairperson Atty. Marius P. Corpus: It contains, among others,

asr-000438
00:27:56.760 --> 00:27:58.320
GCG Chairperson Atty. Marius P. Corpus: the financial and non-financial

asr-000439
00:27:58.320 --> 00:28:01.500
GCG Chairperson Atty. Marius P. Corpus: condition of the GOCCs,

asr-000440
00:28:01.820 --> 00:28:03.260
GCG Chairperson Atty. Marius P. Corpus: the governing board members,

asr-000441
00:28:03.920 --> 00:28:05.180
GCG Chairperson Atty. Marius P. Corpus: and other vital

asr-000442
00:28:05.180 --> 00:28:07.460
GCG Chairperson Atty. Marius P. Corpus: information for transparency.

asr-000443
00:28:09.020 --> 00:28:09.540
GCG Chairperson Atty. Marius P. Corpus: Let's go to the next slide.

asr-000444
00:28:09.560 --> 00:28:10.440
GCG Chairperson Atty. Marius P. Corpus: The government systems

asr-000445
00:28:10.440 --> 00:28:12.440
GCG Chairperson Atty. Marius P. Corpus: become increasingly digital.

asr-000446
00:28:13.560 --> 00:28:14.900
GCG Chairperson Atty. Marius P. Corpus: Cyber security becomes

asr-000447
00:28:14.900 --> 00:28:16.140
GCG Chairperson Atty. Marius P. Corpus: a fundamental requirement

asr-000448
00:28:16.140 --> 00:28:17.860
GCG Chairperson Atty. Marius P. Corpus: for protecting government data

asr-000449
00:28:17.860 --> 00:28:19.580
GCG Chairperson Atty. Marius P. Corpus: and maintaining public trust.

asr-000450
00:28:20.700 --> 00:28:22.140
GCG Chairperson Atty. Marius P. Corpus: The GCG shall strengthen

asr-000451
00:28:22.140 --> 00:28:24.000
GCG Chairperson Atty. Marius P. Corpus: its cyber security and data

asr-000452
00:28:24.000 --> 00:28:25.260
GCG Chairperson Atty. Marius P. Corpus: governance capabilities

asr-000453
00:28:25.260 --> 00:28:28.020
GCG Chairperson Atty. Marius P. Corpus: in compliance with Executive Order

asr-000454
00:28:28.020 --> 00:28:30.240
GCG Chairperson Atty. Marius P. Corpus: No. 119 Series

asr-000455
00:28:30.240 --> 00:28:31.500
GCG Chairperson Atty. Marius P. Corpus: of 2026

asr-000456
00:28:31.500 --> 00:28:34.060
GCG Chairperson Atty. Marius P. Corpus: issued by the Office of the President,

asr-000457
00:28:34.980 --> 00:28:35.500
GCG Chairperson Atty. Marius P. Corpus: requiring

asr-000458
00:28:35.500 --> 00:28:37.880
GCG Chairperson Atty. Marius P. Corpus: government agencies to implement

asr-000459
00:28:37.880 --> 00:28:39.220
GCG Chairperson Atty. Marius P. Corpus: appropriate measures

asr-000460
00:28:39.220 --> 00:28:40.800
GCG Chairperson Atty. Marius P. Corpus: for the classification,

asr-000461
00:28:41.320 --> 00:28:43.140
GCG Chairperson Atty. Marius P. Corpus: protection, handling,

asr-000462
00:28:43.360 --> 00:28:45.160
GCG Chairperson Atty. Marius P. Corpus: and residency of government data.

asr-000463
00:28:46.100 --> 00:28:46.640
GCG Chairperson Atty. Marius P. Corpus: In addition,

asr-000464
00:28:47.520 --> 00:28:48.920
GCG Chairperson Atty. Marius P. Corpus: the GCG's participation

asr-000465
00:28:48.920 --> 00:28:51.220
GCG Chairperson Atty. Marius P. Corpus: in the National Security Operations

asr-000466
00:28:51.220 --> 00:28:53.160
GCG Chairperson Atty. Marius P. Corpus: Center, or NSOC

asr-000467
00:28:53.160 --> 00:28:55.320
GCG Chairperson Atty. Marius P. Corpus: program, and the establishment

asr-000468
00:28:55.320 --> 00:28:57.020
GCG Chairperson Atty. Marius P. Corpus: of its own organizational

asr-000469
00:28:57.020 --> 00:28:59.160
GCG Chairperson Atty. Marius P. Corpus: computer emergency response

asr-000470
00:28:59.160 --> 00:29:01.120
GCG Chairperson Atty. Marius P. Corpus: team, form part

asr-000471
00:29:01.120 --> 00:29:02.800
GCG Chairperson Atty. Marius P. Corpus: of its efforts to strengthen

asr-000472
00:29:02.800 --> 00:29:04.700
GCG Chairperson Atty. Marius P. Corpus: cyber security capabilities

asr-000473
00:29:04.700 --> 00:29:07.300
GCG Chairperson Atty. Marius P. Corpus: and support the DICT's

asr-000474
00:29:07.300 --> 00:29:09.000
GCG Chairperson Atty. Marius P. Corpus: initiatives on government-wide

asr-000475
00:29:09.000 --> 00:29:09.200
GCG Chairperson Atty. Marius P. Corpus: cyber security.

asr-000476
00:29:09.220 --> 00:29:14.120
GCG Chairperson Atty. Marius P. Corpus: In support of the DVM-approved

asr-000477
00:29:14.120 --> 00:29:15.880
GCG Chairperson Atty. Marius P. Corpus: organizational structure

asr-000478
00:29:15.880 --> 00:29:17.000
GCG Chairperson Atty. Marius P. Corpus: and staffing pattern

asr-000479
00:29:17.000 --> 00:29:19.180
GCG Chairperson Atty. Marius P. Corpus: and the GCG's continuing

asr-000480
00:29:19.180 --> 00:29:20.480
GCG Chairperson Atty. Marius P. Corpus: workforce expansion,

asr-000481
00:29:21.440 --> 00:29:22.940
GCG Chairperson Atty. Marius P. Corpus: the procurement of additional

asr-000482
00:29:22.940 --> 00:29:24.840
GCG Chairperson Atty. Marius P. Corpus: laptops and ICT equipment,

asr-000483
00:29:25.500 --> 00:29:27.120
GCG Chairperson Atty. Marius P. Corpus: including the replacement of

asr-000484
00:29:27.120 --> 00:29:29.400
GCG Chairperson Atty. Marius P. Corpus: obsolete and unserviceable units,

asr-000485
00:29:30.080 --> 00:29:31.480
GCG Chairperson Atty. Marius P. Corpus: is critical to sustaining

asr-000486
00:29:31.480 --> 00:29:33.360
GCG Chairperson Atty. Marius P. Corpus: operational efficiency across

asr-000487
00:29:33.360 --> 00:29:34.400
GCG Chairperson Atty. Marius P. Corpus: all three sites.

asr-000488
00:29:35.220 --> 00:29:37.240
GCG Chairperson Atty. Marius P. Corpus: The project will equip personnel

asr-000489
00:29:37.240 --> 00:29:39.200
GCG Chairperson Atty. Marius P. Corpus: with reliable computing resources,

asr-000490
00:29:39.220 --> 00:29:41.400
GCG Chairperson Atty. Marius P. Corpus: software subscriptions,

asr-000491
00:29:42.380 --> 00:29:43.620
GCG Chairperson Atty. Marius P. Corpus: collaboration platforms,

asr-000492
00:29:43.860 --> 00:29:45.980
GCG Chairperson Atty. Marius P. Corpus: and other essential ICT tools

asr-000493
00:29:45.980 --> 00:29:47.220
GCG Chairperson Atty. Marius P. Corpus: to enhance productivity,

asr-000494
00:29:48.800 --> 00:29:49.960
GCG Chairperson Atty. Marius P. Corpus: strengthen institutional

asr-000495
00:29:49.960 --> 00:29:52.220
GCG Chairperson Atty. Marius P. Corpus: capacity, and ensure

asr-000496
00:29:52.220 --> 00:29:54.020
GCG Chairperson Atty. Marius P. Corpus: the effective delivery of the

asr-000497
00:29:54.020 --> 00:29:55.220
GCG Chairperson Atty. Marius P. Corpus: GCG's regulatory

asr-000498
00:29:55.840 --> 00:29:58.420
GCG Chairperson Atty. Marius P. Corpus: oversight and governance

asr-000499
00:29:58.420 --> 00:29:58.980
GCG Chairperson Atty. Marius P. Corpus: mandates.

asr-000500
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.

asr-000501
00:30:09.120 --> 00:30:12.320
GCG Chairperson Atty. Marius P. Corpus: Continued reliance on these devices affects productivity.

asr-000502
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.

asr-000503
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.

asr-000504
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.

asr-000505
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.

asr-000506
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

asr-000507
00:31:23.160 --> 00:31:29.180
GCG Chairperson Atty. Marius P. Corpus: capabilities to support the Commission's expanding digital operations.

asr-000508
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.

asr-000509
00:31:48.480 --> 00:31:52.440
GCG Chairperson Atty. Marius P. Corpus: Much of the ICT infrastructure supporting our head office operations

asr-000510
00:31:53.080 --> 00:31:57.980
GCG Chairperson Atty. Marius P. Corpus: is already approaching or has reached end-of-life status.

asr-000511
00:31:58.880 --> 00:32:03.520
GCG Chairperson Atty. Marius P. Corpus: Unsupported network equipment increases the risk of system failures,

asr-000512
00:32:04.280 --> 00:32:08.000
GCG Chairperson Atty. Marius P. Corpus: cybersecurity vulnerabilities, and service interruptions.

asr-000513
00:32:09.120 --> 00:32:13.660
GCG Chairperson Atty. Marius P. Corpus: Similar investments are also necessary for the ICT infrastructure

asr-000514
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.

asr-000515
00:32:19.040 --> 00:32:23.360
GCG Chairperson Atty. Marius P. Corpus: 3. Existing facilities, including air conditioning units

asr-000516
00:32:23.360 --> 00:32:27.320
GCG Chairperson Atty. Marius P. Corpus: that are essential for maintaining data center operations,

asr-000517
00:32:27.980 --> 00:32:33.620
GCG Chairperson Atty. Marius P. Corpus: have experienced breakdowns that affect the reliability of ICT services.

asr-000518
00:32:34.920 --> 00:32:37.700
GCG Chairperson Atty. Marius P. Corpus: As we conclude our presentations, Your Honors,

asr-000519
00:32:38.480 --> 00:32:40.980
GCG Chairperson Atty. Marius P. Corpus: allow us to leave one final perspective.

asr-000520
00:32:41.780 --> 00:32:47.180
GCG Chairperson Atty. Marius P. Corpus: The GCG is requesting a proposed fiscal year 2027 budget

asr-000521
00:32:47.180 --> 00:32:48.980
GCG Chairperson Atty. Marius P. Corpus: of P602.40

asr-000522
00:32:49.040 --> 00:32:53.240
GCG Chairperson Atty. Marius P. Corpus: million, including both Tier 1 and Tier 2.

asr-000523
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,

asr-000524
00:33:01.940 --> 00:33:08.140
GCG Chairperson Atty. Marius P. Corpus: this represents only 0.0089% of the total government appropriations.

asr-000525
00:33:08.940 --> 00:33:12.560
GCG Chairperson Atty. Marius P. Corpus: Nevertheless, with this modest share of the national budget,

asr-000526
00:33:13.460 --> 00:33:16.700
GCG Chairperson Atty. Marius P. Corpus: the GCG performs oversight over a GOC sector

asr-000527
00:33:16.700 --> 00:33:18.600
GCG Chairperson Atty. Marius P. Corpus: that manages trillions.

asr-000528
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,

asr-000529
00:33:23.140 --> 00:33:25.520
GCG Chairperson Atty. Marius P. Corpus: generates revenues for government,

asr-000530
00:33:25.520 --> 00:33:30.020
GCG Chairperson Atty. Marius P. Corpus: and contributes to substantial dividend remittances to the national treasury.

asr-000531
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

asr-000532
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.

asr-000533
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

asr-000534
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

asr-000535
00:33:57.500 --> 00:34:01.120
GCG Chairperson Atty. Marius P. Corpus: and responsive to national development policies.

asr-000536
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

asr-000537
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.

asr-000538
00:34:16.140 --> 00:34:18.620
GCG Chairperson Atty. Marius P. Corpus: Guided by the vision of our President,

asr-000539
00:34:19.040 --> 00:34:23.800
GCG Chairperson Atty. Marius P. Corpus: the GCG remains committed to strengthening governance across the sector

asr-000540
00:34:23.800 --> 00:34:28.980
GCG Chairperson Atty. Marius P. Corpus: and ensuring that every GOCC contributes meaningfully to nation-building.

asr-000541
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

asr-000542
00:34:33.120 --> 00:34:37.800
GCG Chairperson Atty. Marius P. Corpus: and further advance a GOCC sector that delivers greater value,

asr-000543
00:34:38.700 --> 00:34:42.200
GCG Chairperson Atty. Marius P. Corpus: greater accountability, and greater service to the Filipino people.

asr-000544
00:34:43.000 --> 00:34:47.220
GCG Chairperson Atty. Marius P. Corpus: For these reasons, we respectfully seek the favorable consideration

asr-000545
00:34:47.220 --> 00:34:48.260
GCG Chairperson Atty. Marius P. Corpus: of the honorable

asr-000554
00:34:49.040 --> 00:34:51.160
GCG Chairperson Atty. Marius P. Corpus: subcommittee for the GCG's

asr-000555
00:34:51.160 --> 00:34:55.620
GCG Chairperson Atty. Marius P. Corpus: fiscal year 2027 proposed budget.

asr-000556
00:34:55.760 --> 00:34:57.340
GCG Chairperson Atty. Marius P. Corpus: Thank you very much, Your Honor.

asr-000557
00:34:57.360 --> 00:34:58.240
Senator Paolo Benigno "Bam" Aquino IV: Thank you, Attorney Corpus.

asr-000558
00:34:58.340 --> 00:34:58.660
Senator Paolo Benigno "Bam" Aquino IV: Thank you very much.

asr-000559
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.

asr-000560
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.

asr-000561
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?

asr-000562
00:35:15.920 --> 00:35:17.060
Senator Paolo Benigno "Bam" Aquino IV: Or in your stable?

asr-000563
00:35:17.060 --> 00:35:17.180
Senator Paolo Benigno "Bam" Aquino IV: In your stable.

asr-000564
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?

asr-000565
00:35:26.520 --> 00:35:27.700
Senator Paolo Benigno "Bam" Aquino IV: Neto, Net.

asr-000566
00:35:28.600 --> 00:35:33.480
GCG Chairperson Atty. Marius P. Corpus: Yes, actually Your Honor, the count is down to 112.

asr-000567
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

asr-000568
00:35:42.480 --> 00:35:49.600
GCG Chairperson Atty. Marius P. Corpus: had expired, its existence had expired early this year.

asr-000569
00:35:50.160 --> 00:35:53.420
GCG Chairperson Atty. Marius P. Corpus: So there are only 112 GOCCs left.

asr-000570
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?

asr-000571
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.

asr-000572
00:36:06.120 --> 00:36:10.320
Senator Paolo Benigno "Bam" Aquino IV: Anybody can answer? Director Kenneth, for the record.

asr-000573
00:36:11.060 --> 00:36:12.220
GCG Director Kenneth M. Rafols: Hello, good afternoon.

asr-000574
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.

asr-000575
00:36:22.180 --> 00:36:27.720
Senator Paolo Benigno "Bam" Aquino IV: Could you, like which GOCCs would have the biggest subsidies?

asr-000576
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.

asr-000577
00:36:35.560 --> 00:36:38.480
GCG Director Kenneth M. Rafols: For 2025, Senator, it's PhilHealth po.

asr-000578
00:36:39.120 --> 00:36:41.520
Senator Paolo Benigno "Bam" Aquino IV: PhilHealth has the biggest subsidy?

asr-000579
00:36:41.520 --> 00:36:42.080
GCG Director Kenneth M. Rafols: Yes po.

asr-000580
00:36:42.080 --> 00:36:42.820
Senator Paolo Benigno "Bam" Aquino IV: And what else pa?

asr-000581
00:36:44.180 --> 00:36:47.760
GCG Director Kenneth M. Rafols: And National Irrigation Administration, or NIA po.

asr-000582
00:36:48.160 --> 00:36:48.380
Senator Paolo Benigno "Bam" Aquino IV: Okay.

asr-000583
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

asr-000584
00:36:58.440 --> 00:37:00.560
Senator Paolo Benigno "Bam" Aquino IV: and remitting to the government or not necessarily?

asr-000585
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

asr-000586
00:37:09.780 --> 00:37:11.780
GCG Chairperson Atty. Marius P. Corpus: and for this they would need...

asr-000587
00:37:12.080 --> 00:37:13.080
Senator Paolo Benigno "Bam" Aquino IV: Yes po.

asr-000588
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

asr-000589
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...

asr-000590
00:37:25.020 --> 00:37:27.100
Senator Paolo Benigno "Bam" Aquino IV: Could you give us some examples, Attorney Corpus?

asr-000591
00:37:27.560 --> 00:37:30.920
GCG Chairperson Atty. Marius P. Corpus: Yes, the National Food Authority.

asr-000592
00:37:31.880 --> 00:37:34.620
Senator Paolo Benigno "Bam" Aquino IV: Can we have the National?

asr-000593
00:37:34.860 --> 00:37:36.800
Senator Paolo Benigno "Bam" Aquino IV: Anyone from your team can answer.

asr-000597
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

asr-000598
00:37:57.960 --> 00:38:01.380
GCG Corporate Standards Office Director IV Atty. Jocelyn Grace N. Navato: mandate of buffer stocking.

asr-000599
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,

asr-000600
00:38:06.500 --> 00:38:07.080
Senator Paolo Benigno "Bam" Aquino IV: di ba?

asr-000601
00:38:08.360 --> 00:38:09.580
Senator Paolo Benigno "Bam" Aquino IV: In any case,

asr-000602
00:38:09.680 --> 00:38:11.100
Senator Paolo Benigno "Bam" Aquino IV: you assess every

asr-000603
00:38:11.100 --> 00:38:11.800
Senator Paolo Benigno "Bam" Aquino IV: GOCC.

asr-000604
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.

asr-000605
00:38:22.540 --> 00:38:23.840
Senator Paolo Benigno "Bam" Aquino IV: So you judge them differently.

asr-000606
00:38:24.420 --> 00:38:24.820
GCG Chairperson Atty. Marius P. Corpus: Yes, Your Honor.

asr-000607
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.

asr-000608
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.

asr-000609
00:38:36.360 --> 00:38:37.380
Senator Paolo Benigno "Bam" Aquino IV: Tama ba yun, Atty. Marius?

asr-000610
00:38:37.480 --> 00:38:38.280
GCG Chairperson Atty. Marius P. Corpus: Yes, Yes, Your Honor.

asr-000611
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.

asr-000612
00:38:50.700 --> 00:38:53.800
GCG Chairperson Atty. Marius P. Corpus: There's an upward turn in their performance rating.

asr-000613
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?

asr-000614
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.

asr-000615
00:39:07.500 --> 00:39:07.820
Senator Paolo Benigno "Bam" Aquino IV: Yes.

asr-000616
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.

asr-000617
00:39:16.900 --> 00:39:17.280
GCG Chairperson Atty. Marius P. Corpus: Not necessarily.

asr-000618
00:39:17.280 --> 00:39:23.140
GCG Chairperson Atty. Marius P. Corpus: In fact, the classification of GOCCs are categorized into three.

asr-000619
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,

asr-000620
00:39:33.260 --> 00:39:38.280
GCG Chairperson Atty. Marius P. Corpus: and those that are engaged in commercial activities in competition

asr-000621
00:39:38.280 --> 00:39:39.680
GCG Chairperson Atty. Marius P. Corpus: with the private sector.

asr-000622
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?

asr-000623
00:39:50.200 --> 00:39:51.620
Senator Paolo Benigno "Bam" Aquino IV: Which is, of course, an accomplishment.

asr-000624
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.

asr-000625
00:40:02.760 --> 00:40:02.920
GCG Chairperson Atty. Marius P. Corpus: Sure.

asr-000626
00:40:02.920 --> 00:40:07.920
Senator Paolo Benigno "Bam" Aquino IV: So, in your assessment of the 113, now 112 GOCCs,

asr-000627
00:40:08.280 --> 00:40:12.760
Senator Paolo Benigno "Bam" Aquino IV: are all of them hitting their mandates?

asr-000628
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.

asr-000629
00:40:19.520 --> 00:40:21.100
Senator Paolo Benigno "Bam" Aquino IV: How would you categorize them?

asr-000630
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?

asr-000631
00:40:30.860 --> 00:40:32.500
Senator Paolo Benigno "Bam" Aquino IV: Because this is really the job of GCG, di ba?

asr-000632
00:40:32.560 --> 00:40:33.580
Senator Paolo Benigno "Bam" Aquino IV: To monitor all of them.

asr-000633
00:40:33.860 --> 00:40:34.240
GCG Chairperson Atty. Marius P. Corpus: Yes, Your Honor.

asr-000634
00:40:35.040 --> 00:40:38.040
GCG Chairperson Atty. Marius P. Corpus: Well, as of now, Your Honor,

asr-000635
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.

asr-000636
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.

asr-000637
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,

asr-000638
00:41:08.280 --> 00:41:11.640
Senator Paolo Benigno "Bam" Aquino IV: ano yung category ng performance nila, based on your assessment?

asr-000639
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.

asr-000640
00:41:14.240 --> 00:41:14.500
GCG Chairperson Atty. Marius P. Corpus: Yes.

asr-000641
00:41:14.780 --> 00:41:16.380
Senator Paolo Benigno "Bam" Aquino IV: Yeah, would you be able to submit that to the...

asr-000642
00:41:16.380 --> 00:41:17.460
GCG Chairperson Atty. Marius P. Corpus: Yes, Your Honor, maybe.

asr-000643
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.

asr-000644
00:41:23.620 --> 00:41:24.600
Senator Paolo Benigno "Bam" Aquino IV: Could you give us an example?

asr-000645
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,

asr-000646
00:41:32.920 --> 00:41:37.460
Senator Paolo Benigno "Bam" Aquino IV: isang maybe middle, mid-level, and one that needs...

asr-000647
00:41:38.280 --> 00:41:41.360
Senator Paolo Benigno "Bam" Aquino IV: greater improvement. Para lang for our appreciation also.

asr-000648
00:41:41.620 --> 00:41:42.020
GCG Chairperson Atty. Marius P. Corpus: Yes, Your Honor.

asr-000649
00:41:42.860 --> 00:41:47.060
GCG Chairperson Atty. Marius P. Corpus: Every year, Your Honor, we have this annual GOCC Awards,

asr-000650
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,

asr-000651
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.

asr-000652
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.

asr-000653
00:42:03.500 --> 00:42:05.360
GCG Chairperson Atty. Marius P. Corpus: It has been consistently in the...

asr-000654
00:42:05.360 --> 00:42:06.720
Senator Paolo Benigno "Bam" Aquino IV: For multiple years, I'm sure, no?

asr-000655
00:42:06.720 --> 00:42:07.780
GCG Chairperson Atty. Marius P. Corpus: Yes, Your Honor.

asr-000656
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.

asr-000657
00:42:16.200 --> 00:42:20.620
GCG Chairperson Atty. Marius P. Corpus: For several years, it has not been performing quite well,

asr-000658
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,

asr-000659
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,

asr-000660
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.

asr-000661
00:42:38.280 --> 00:42:43.280
GCG Chairperson Atty. Marius P. Corpus: For PhilHealth, I think it's about 70%.

asr-000662
00:42:44.060 --> 00:42:46.600
GCG Chairperson Atty. Marius P. Corpus: Nasa 70% pa lang sila.

asr-000663
00:42:46.780 --> 00:42:50.440
GCG Chairperson Atty. Marius P. Corpus: But up from a lower percentage of performance.

asr-000664
00:42:50.600 --> 00:42:51.380
GCG Chairperson Atty. Marius P. Corpus: 61 daw po.

asr-000665
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.

asr-000666
00:42:56.500 --> 00:42:58.280
Senator Paolo Benigno "Bam" Aquino IV: Senator Tulfo, we have GCG.

asr-000667
00:42:59.100 --> 00:42:59.820
Senator Paolo Benigno "Bam" Aquino IV: Good afternoon, Senator.

asr-000668
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.

asr-000669
00:43:04.200 --> 00:43:05.280
Senator Paolo Benigno "Bam" Aquino IV: Sige po, Attorney.

asr-000670
00:43:05.280 --> 00:43:07.280
Senator Paolo Benigno "Bam" Aquino IV: Yung low-performing...

asr-000671
00:43:08.280 --> 00:43:10.380
Senator Paolo Benigno "Bam" Aquino IV: Anyway, tayo-tayo lang naman nandito.

asr-000672
00:43:10.620 --> 00:43:11.940
Senator Paolo Benigno "Bam" Aquino IV: Hindi natin ilalabas sa...

asr-000673
00:43:11.940 --> 00:43:12.640
Senator Paolo Benigno "Bam" Aquino IV: Joke lang.

asr-000674
00:43:12.800 --> 00:43:13.200
Senator Paolo Benigno "Bam" Aquino IV: Off the record?

asr-000675
00:43:13.340 --> 00:43:16.840
Senator Paolo Benigno "Bam" Aquino IV: For planning purposes, para alam natin.

asr-000676
00:43:18.660 --> 00:43:19.660
GCG Chairperson Atty. Marius P. Corpus: Marawi Resorts.

asr-000677
00:43:21.060 --> 00:43:22.360
GCG Chairperson Atty. Marius P. Corpus: Marawi Resort Hotel.

asr-000678
00:43:22.680 --> 00:43:24.520
Senator Paolo Benigno "Bam" Aquino IV: Marawi Resort Hotel is a GOCC?

asr-000679
00:43:24.680 --> 00:43:25.320
GCG Chairperson Atty. Marius P. Corpus: Yes, Your Honor.

asr-000680
00:43:25.600 --> 00:43:30.460
GCG Chairperson Atty. Marius P. Corpus: But the BARM government is planning to acquire the...

asr-000681
00:43:30.460 --> 00:43:31.480
Senator Paolo Benigno "Bam" Aquino IV: When was that?

asr-000682
00:43:31.640 --> 00:43:32.620
Senator Paolo Benigno "Bam" Aquino IV: Was that after the siege?

asr-000683
00:43:32.780 --> 00:43:34.140
Senator Paolo Benigno "Bam" Aquino IV: It was created after the siege or before the siege?

asr-000684
00:43:34.140 --> 00:43:34.960
GCG Chairperson Atty. Marius P. Corpus: No, no. Matagal na po.

asr-000685
00:43:34.960 --> 00:43:35.940
Senator Paolo Benigno "Bam" Aquino IV: Oh, even before pa?

asr-000686
00:43:35.980 --> 00:43:36.520
GCG Chairperson Atty. Marius P. Corpus: Even before.

asr-000687
00:43:36.900 --> 00:43:37.960
GCG Chairperson Atty. Marius P. Corpus: It used to be...

asr-000688
00:43:38.280 --> 00:43:42.920
GCG Chairperson Atty. Marius P. Corpus: A very well-maintained resorts but somehow it deteriorated.

asr-000689
00:43:43.300 --> 00:43:49.460
GCG Chairperson Atty. Marius P. Corpus: And based on our yearly evaluation, hindi ko masyadong...

asr-000690
00:43:49.460 --> 00:43:51.720
Senator Paolo Benigno "Bam" Aquino IV: Medyo falling short siya of your standards.

asr-000691
00:43:51.760 --> 00:43:52.300
GCG Chairperson Atty. Marius P. Corpus: Short, short.

asr-000692
00:43:52.840 --> 00:43:54.660
GCG Chairperson Atty. Marius P. Corpus: One-digit performance.

asr-000693
00:43:54.940 --> 00:43:55.200
Senator Paolo Benigno "Bam" Aquino IV: Okay.

asr-000694
00:43:56.420 --> 00:43:59.760
Senator Paolo Benigno "Bam" Aquino IV: Maybe as a final question on this line of questioning,

asr-000695
00:44:00.480 --> 00:44:01.520
Senator Paolo Benigno "Bam" Aquino IV: ano po yung...

asr-000696
00:44:01.520 --> 00:44:03.300
Senator Paolo Benigno "Bam" Aquino IV: How many years na kayo, Attorney Corpus?

asr-000697
00:44:03.300 --> 00:44:05.220
Senator Paolo Benigno "Bam" Aquino IV: How many years in GCG?

asr-000698
00:44:05.480 --> 00:44:07.240
GCG Chairperson Atty. Marius P. Corpus: Since 2023, Your Honor.

asr-000699
00:44:07.280 --> 00:44:08.120
Senator Paolo Benigno "Bam" Aquino IV: So, three years.

asr-000700
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

asr-000701
00:44:12.820 --> 00:44:14.900
Senator Paolo Benigno "Bam" Aquino IV: from the time that you entered till today?

asr-000702
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

asr-000703
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...

asr-000704
00:44:30.240 --> 00:44:33.900
GCG Chairperson Atty. Marius P. Corpus: 2023, Your Honor, it achieved over 90%.

asr-000705
00:44:34.500 --> 00:44:35.000
Senator Paolo Benigno "Bam" Aquino IV: Oh, really?

asr-000706
00:44:35.240 --> 00:44:35.460
GCG Chairperson Atty. Marius P. Corpus: Yes.

asr-000707
00:44:35.660 --> 00:44:38.000
Senator Paolo Benigno "Bam" Aquino IV: So, parang basketball may most improve.

asr-000708
00:44:38.280 --> 00:44:40.340
Senator Paolo Benigno "Bam" Aquino IV: May player, may most valuable player.

asr-000709
00:44:40.700 --> 00:44:42.740
Senator Paolo Benigno "Bam" Aquino IV: Most valuable GOCC is the land bank.

asr-000710
00:44:42.760 --> 00:44:44.700
Senator Paolo Benigno "Bam" Aquino IV: Is the land bank most valuable or...

asr-000711
00:44:44.700 --> 00:44:46.240
Senator Paolo Benigno "Bam" Aquino IV: I guess in terms of assets, probably.

asr-000712
00:44:46.300 --> 00:44:48.300
GCG Chairperson Atty. Marius P. Corpus: May Hall of Famers din kami, Your Honor.

asr-000713
00:44:48.520 --> 00:44:50.020
Senator Paolo Benigno "Bam" Aquino IV: Sino-sino po yung Hall of Famers po nila?

asr-000714
00:44:50.020 --> 00:44:52.600
GCG Chairperson Atty. Marius P. Corpus: Well, of course, land bank, GSIS.

asr-000715
00:44:54.260 --> 00:44:54.740
Senator Paolo Benigno "Bam" Aquino IV: GSIS.

asr-000716
00:44:55.140 --> 00:44:55.620
GCG Chairperson Atty. Marius P. Corpus: GSIS.

asr-000717
00:44:56.640 --> 00:44:57.040
GCG Chairperson Atty. Marius P. Corpus: DBP.

asr-000718
00:44:58.180 --> 00:44:58.660
Senator Paolo Benigno "Bam" Aquino IV: DBP.

asr-000719
00:44:58.760 --> 00:44:59.240
GCG Chairperson Atty. Marius P. Corpus: DBP po.

asr-000720
00:44:59.240 --> 00:44:59.980
Senator Paolo Benigno "Bam" Aquino IV: I have a...

asr-000721
00:45:01.160 --> 00:45:01.900
Senator Paolo Benigno "Bam" Aquino IV: hindi naman ito

asr-000722
00:45:01.960 --> 00:45:02.700
Senator Paolo Benigno "Bam" Aquino IV: naughty question

asr-000723
00:45:02.700 --> 00:45:03.160
Senator Paolo Benigno "Bam" Aquino IV: pero

asr-000724
00:45:03.160 --> 00:45:04.960
Senator Paolo Benigno "Bam" Aquino IV: hindi ho nyo ba

asr-000725
00:45:04.960 --> 00:45:06.440
Senator Paolo Benigno "Bam" Aquino IV: mahihingi yung mga

asr-000726
00:45:06.440 --> 00:45:07.120
Senator Paolo Benigno "Bam" Aquino IV: sasakyan dito

asr-000727
00:45:07.120 --> 00:45:08.260
Senator Paolo Benigno "Bam" Aquino IV: so bawal ba yun?

asr-000728
00:45:08.900 --> 00:45:10.200
Senator Paolo Benigno "Bam" Aquino IV: Iba namimigay naman

asr-000729
00:45:10.200 --> 00:45:10.880
Senator Paolo Benigno "Bam" Aquino IV: ng PCSO

asr-000730
00:45:10.880 --> 00:45:11.780
Senator Paolo Benigno "Bam" Aquino IV: ng mga sasakyan?

asr-000731
00:45:11.960 --> 00:45:12.300
Senator Paolo Benigno "Bam" Aquino IV: Hindi po ba?

asr-000732
00:45:12.360 --> 00:45:12.700
Senator Paolo Benigno "Bam" Aquino IV: Hindi pwede?

asr-000733
00:45:13.240 --> 00:45:13.540
Senator Paolo Benigno "Bam" Aquino IV: Bawal?

asr-000734
00:45:13.660 --> 00:45:13.940
Senator Paolo Benigno "Bam" Aquino IV: Bawal?

asr-000735
00:45:14.740 --> 00:45:15.540
Senator Paolo Benigno "Bam" Aquino IV: Baka may conflict

asr-000736
00:45:15.540 --> 00:45:16.600
Senator Paolo Benigno "Bam" Aquino IV: baka makuha kami

asr-000737
00:45:16.600 --> 00:45:17.220
Senator Paolo Benigno "Bam" Aquino IV: ah okay

asr-000738
00:45:17.220 --> 00:45:18.060
Senator Paolo Benigno "Bam" Aquino IV: dito yung po

asr-000739
00:45:18.060 --> 00:45:18.960
Senator Paolo Benigno "Bam" Aquino IV: because they

asr-000740
00:45:18.960 --> 00:45:20.020
Senator Paolo Benigno "Bam" Aquino IV: really give away

asr-000741
00:45:20.020 --> 00:45:20.640
Senator Paolo Benigno "Bam" Aquino IV: vehicles

asr-000742
00:45:20.640 --> 00:45:21.660
Senator Paolo Benigno "Bam" Aquino IV: humihingi kasi sila

asr-000743
00:45:21.660 --> 00:45:22.700
Senator Paolo Benigno "Bam" Aquino IV: ng 4 vehicles

asr-000744
00:45:22.700 --> 00:45:23.560
Senator Paolo Benigno "Bam" Aquino IV: sa Senator Tulfo

asr-000745
00:45:23.560 --> 00:45:24.620
Senator Raffy T. Tulfo: actually ambulansya

asr-000746
00:45:24.620 --> 00:45:25.320
Senator Raffy T. Tulfo: PCSO

asr-000747
00:45:25.320 --> 00:45:26.160
Senator Raffy T. Tulfo: okay lang okay

asr-000748
00:45:26.160 --> 00:45:26.920
Senator Raffy T. Tulfo: naka ambulansya

asr-000749
00:45:26.920 --> 00:45:28.260
Senator Raffy T. Tulfo: just kidding

asr-000750
00:45:28.260 --> 00:45:29.560
Senator Raffy T. Tulfo: so siguro po

asr-000751
00:45:29.560 --> 00:45:30.080
Senator Raffy T. Tulfo: just to

asr-000752
00:45:30.080 --> 00:45:30.720
Senator Raffy T. Tulfo: you have questions

asr-000753
00:45:30.720 --> 00:45:32.220
Senator Joseph Victor "JV" G. Ejercito: just a few questions

asr-000754
00:45:32.220 --> 00:45:33.640
Senator Joseph Victor "JV" G. Ejercito: Mr. Chair

asr-000755
00:45:33.640 --> 00:45:35.600
Senator Joseph Victor "JV" G. Ejercito: we noticed

asr-000756
00:45:35.600 --> 00:45:36.340
Senator Joseph Victor "JV" G. Ejercito: being the chair

asr-000757
00:45:36.340 --> 00:45:36.920
Senator Joseph Victor "JV" G. Ejercito: of the finance

asr-000758
00:45:36.920 --> 00:45:37.540
Senator Joseph Victor "JV" G. Ejercito: of course I

asr-000759
00:45:37.540 --> 00:45:38.940
Senator Joseph Victor "JV" G. Ejercito: noticed a decrease

asr-000760
00:45:38.940 --> 00:45:39.520
Senator Joseph Victor "JV" G. Ejercito: in the

asr-000761
00:45:39.520 --> 00:45:41.240
Senator Joseph Victor "JV" G. Ejercito: personal services

asr-000762
00:45:41.240 --> 00:45:41.520
Senator Joseph Victor "JV" G. Ejercito: and

asr-000763
00:45:41.520 --> 00:45:43.640
Senator Joseph Victor "JV" G. Ejercito: of GCG

asr-000764
00:45:43.640 --> 00:45:45.620
Senator Joseph Victor "JV" G. Ejercito: your budget

asr-000765
00:45:45.620 --> 00:45:46.200
Senator Joseph Victor "JV" G. Ejercito: decreased

asr-000766
00:45:46.200 --> 00:45:47.540
Senator Joseph Victor "JV" G. Ejercito: by 3.9%

asr-000767
00:45:47.540 --> 00:45:48.420
Senator Joseph Victor "JV" G. Ejercito: down to

asr-000768
00:45:48.420 --> 00:45:51.760
Senator Joseph Victor "JV" G. Ejercito: 181.1 million

asr-000769
00:45:51.760 --> 00:45:53.580
Senator Joseph Victor "JV" G. Ejercito: primarily because

asr-000770
00:45:53.580 --> 00:45:54.480
Senator Joseph Victor "JV" G. Ejercito: filled positions

asr-000771
00:45:54.480 --> 00:45:54.960
Senator Joseph Victor "JV" G. Ejercito: dropped from

asr-000772
00:45:54.960 --> 00:45:55.580
Senator Joseph Victor "JV" G. Ejercito: 181

asr-000773
00:45:55.580 --> 00:45:57.280
Senator Joseph Victor "JV" G. Ejercito: to 171

asr-000774
00:45:57.280 --> 00:45:58.300
Senator Joseph Victor "JV" G. Ejercito: in 2027

asr-000775
00:45:58.300 --> 00:45:59.480
Senator Joseph Victor "JV" G. Ejercito: may naabolish

asr-000776
00:45:59.480 --> 00:46:00.420
Senator Joseph Victor "JV" G. Ejercito: ba ang DBM dito

asr-000777
00:46:00.420 --> 00:46:01.340
Senator Joseph Victor "JV" G. Ejercito: na 10 positions

asr-000778
00:46:01.340 --> 00:46:01.860
Senator Joseph Victor "JV" G. Ejercito: or

asr-000779
00:46:01.860 --> 00:46:04.420
Senator Joseph Victor "JV" G. Ejercito: what happened to the employees

asr-000780
00:46:04.420 --> 00:46:06.560
Senator Joseph Victor "JV" G. Ejercito: ba't kayo nag-decrease

asr-000781
00:46:06.560 --> 00:46:07.620
Senator Joseph Victor "JV" G. Ejercito: ng personal services

asr-000782
00:46:07.620 --> 00:46:08.640
Senator Joseph Victor "JV" G. Ejercito: chairperson

asr-000783
00:46:08.640 --> 00:46:09.580
GCG Chairperson Atty. Marius P. Corpus: actually the

asr-000784
00:46:09.580 --> 00:46:10.980
GCG Chairperson Atty. Marius P. Corpus: the DBM approved

asr-000785
00:46:10.980 --> 00:46:12.160
GCG Chairperson Atty. Marius P. Corpus: additional positions

asr-000786
00:46:12.160 --> 00:46:13.180
GCG Chairperson Atty. Marius P. Corpus: for the GCG

asr-000787
00:46:13.180 --> 00:46:13.480
Senator Joseph Victor "JV" G. Ejercito: that's why

asr-000788
00:46:13.480 --> 00:46:14.160
Senator Joseph Victor "JV" G. Ejercito: I ask you

asr-000789
00:46:14.160 --> 00:46:15.060
Senator Joseph Victor "JV" G. Ejercito: usually they add

asr-000790
00:46:15.060 --> 00:46:16.800
Senator Joseph Victor "JV" G. Ejercito: most add

asr-000791
00:46:16.800 --> 00:46:17.560
Senator Joseph Victor "JV" G. Ejercito: pero sa inyo

asr-000792
00:46:17.560 --> 00:46:18.100
Senator Joseph Victor "JV" G. Ejercito: nag-decrease

asr-000793
00:46:18.100 --> 00:46:19.060
Senator Joseph Victor "JV" G. Ejercito: yung personal services

asr-000794
00:46:19.060 --> 00:46:19.920
GCG Chairperson Atty. Marius P. Corpus: actually po

asr-000795
00:46:19.920 --> 00:46:22.560
GCG Chairperson Atty. Marius P. Corpus: nag-increase

asr-000796
00:46:22.560 --> 00:46:23.620
GCG Chairperson Atty. Marius P. Corpus: yung personal

asr-000797
00:46:23.620 --> 00:46:28.160
GCG Chairperson Atty. Marius P. Corpus: number of personnel

asr-000798
00:46:28.160 --> 00:46:28.480
GCG Chairperson Atty. Marius P. Corpus: namin

asr-000799
00:46:28.480 --> 00:46:29.320
GCG Chairperson Atty. Marius P. Corpus: because when we

asr-000800
00:46:29.320 --> 00:46:30.620
GCG Chairperson Atty. Marius P. Corpus: assume office

asr-000801
00:46:30.620 --> 00:46:31.480
GCG Chairperson Atty. Marius P. Corpus: in 2023

asr-000802
00:46:31.480 --> 00:46:32.480
GCG Chairperson Atty. Marius P. Corpus: there were about

asr-000803
00:46:32.480 --> 00:46:32.940
GCG Chairperson Atty. Marius P. Corpus: a hundred

asr-000804
00:46:32.940 --> 00:46:34.860
GCG Chairperson Atty. Marius P. Corpus: 105

asr-000805
00:46:34.860 --> 00:46:36.100
GCG Chairperson Atty. Marius P. Corpus: plantilla

asr-000806
00:46:36.100 --> 00:46:37.300
GCG Chairperson Atty. Marius P. Corpus: personal

asr-000807
00:46:37.300 --> 00:46:38.980
GCG Chairperson Atty. Marius P. Corpus: but now we are

asr-000808
00:46:38.980 --> 00:46:39.480
GCG Chairperson Atty. Marius P. Corpus: up to

asr-000809
00:46:39.480 --> 00:46:40.120
GCG Chairperson Atty. Marius P. Corpus: 200

asr-000810
00:46:40.120 --> 00:46:41.280
Senator Joseph Victor "JV" G. Ejercito: 200 already

asr-000811
00:46:41.280 --> 00:46:42.080
Senator Joseph Victor "JV" G. Ejercito: mali yung itong

asr-000812
00:46:42.080 --> 00:46:42.460
Senator Joseph Victor "JV" G. Ejercito: ano ko

asr-000813
00:46:42.460 --> 00:46:44.340
Senator Joseph Victor "JV" G. Ejercito: data

asr-000814
00:46:44.340 --> 00:46:45.140
Senator Joseph Victor "JV" G. Ejercito: anyway just

asr-000815
00:46:45.140 --> 00:46:46.060
Senator Joseph Victor "JV" G. Ejercito: Mr. Chair

asr-000816
00:46:46.060 --> 00:46:46.560
Senator Joseph Victor "JV" G. Ejercito: isa pa yung

asr-000817
00:46:46.560 --> 00:46:47.900
Senator Joseph Victor "JV" G. Ejercito: ICRS, Integrated

asr-000818
00:46:47.900 --> 00:46:48.880
Senator Joseph Victor "JV" G. Ejercito: Corporate

asr-000819
00:46:48.880 --> 00:46:50.180
Senator Joseph Victor "JV" G. Ejercito: Reporting System

asr-000820
00:46:50.180 --> 00:46:50.740
Senator Joseph Victor "JV" G. Ejercito: earlier no

asr-000821
00:46:50.740 --> 00:46:51.540
Senator Joseph Victor "JV" G. Ejercito: yung ito yung

asr-000822
00:46:51.540 --> 00:46:53.500
Senator Joseph Victor "JV" G. Ejercito: the GCG

asr-000823
00:46:53.500 --> 00:46:54.160
Senator Joseph Victor "JV" G. Ejercito: is requesting

asr-000824
00:46:54.160 --> 00:46:55.220
Senator Joseph Victor "JV" G. Ejercito: 43 million

asr-000825
00:46:55.220 --> 00:46:56.780
Senator Joseph Victor "JV" G. Ejercito: under the

asr-000826
00:46:56.780 --> 00:46:58.060
Senator Joseph Victor "JV" G. Ejercito: general

asr-000827
00:46:58.060 --> 00:46:58.980
Senator Joseph Victor "JV" G. Ejercito: to enhance

asr-000828
00:46:58.980 --> 00:46:59.260
Senator Joseph Victor "JV" G. Ejercito: the

asr-000829
00:46:59.260 --> 00:46:59.880
Senator Joseph Victor "JV" G. Ejercito: ICRS

asr-000830
00:46:59.880 --> 00:47:01.080
Senator Joseph Victor "JV" G. Ejercito: alongside

asr-000831
00:47:01.080 --> 00:47:03.320
Senator Joseph Victor "JV" G. Ejercito: 36.073

asr-000832
00:47:03.320 --> 00:47:04.020
Senator Joseph Victor "JV" G. Ejercito: million in

asr-000833
00:47:04.020 --> 00:47:04.880
Senator Joseph Victor "JV" G. Ejercito: capital outlays

asr-000834
00:47:04.880 --> 00:47:05.840
Senator Joseph Victor "JV" G. Ejercito: specifically

asr-000835
00:47:05.840 --> 00:47:07.240
Senator Joseph Victor "JV" G. Ejercito: to procure

asr-000836
00:47:07.240 --> 00:47:08.040
Senator Joseph Victor "JV" G. Ejercito: ICT equipment

asr-000837
00:47:08.040 --> 00:47:08.960
Senator Joseph Victor "JV" G. Ejercito: for the system

asr-000838
00:47:08.960 --> 00:47:10.040
Senator Joseph Victor "JV" G. Ejercito: so that is

asr-000839
00:47:10.040 --> 00:47:10.900
Senator Joseph Victor "JV" G. Ejercito: nearly 80 million

asr-000840
00:47:10.900 --> 00:47:11.580
Senator Joseph Victor "JV" G. Ejercito: dedicated to

asr-000841
00:47:11.580 --> 00:47:12.460
Senator Joseph Victor "JV" G. Ejercito: single monitoring

asr-000842
00:47:12.460 --> 00:47:13.060
Senator Joseph Victor "JV" G. Ejercito: system

asr-000843
00:47:13.060 --> 00:47:15.140
Senator Joseph Victor "JV" G. Ejercito: just wanted to

asr-000844
00:47:15.140 --> 00:47:15.340
Senator Joseph Victor "JV" G. Ejercito: ask

asr-000845
00:47:15.340 --> 00:47:15.760
Senator Joseph Victor "JV" G. Ejercito: sa laki ng

asr-000846
00:47:15.760 --> 00:47:16.620
Senator Joseph Victor "JV" G. Ejercito: investment natin

asr-000847
00:47:16.620 --> 00:47:16.960
Senator Joseph Victor "JV" G. Ejercito: for

asr-000848
00:47:16.960 --> 00:47:18.560
Senator Joseph Victor "JV" G. Ejercito: for ICRS

asr-000849
00:47:18.560 --> 00:47:19.320
Senator Joseph Victor "JV" G. Ejercito: can you tell us

asr-000850
00:47:19.320 --> 00:47:20.160
Senator Joseph Victor "JV" G. Ejercito: how

asr-000851
00:47:20.160 --> 00:47:22.060
Senator Joseph Victor "JV" G. Ejercito: this will

asr-000852
00:47:22.060 --> 00:47:22.920
Senator Joseph Victor "JV" G. Ejercito: actually work

asr-000853
00:47:22.920 --> 00:47:23.640
Senator Joseph Victor "JV" G. Ejercito: do we have

asr-000854
00:47:23.640 --> 00:47:24.020
Senator Joseph Victor "JV" G. Ejercito: an early

asr-000855
00:47:24.020 --> 00:47:24.980
Senator Joseph Victor "JV" G. Ejercito: warning capability

asr-000856
00:47:24.980 --> 00:47:25.780
Senator Joseph Victor "JV" G. Ejercito: kung madedetect

asr-000857
00:47:25.780 --> 00:47:26.340
Senator Joseph Victor "JV" G. Ejercito: natin yung mga

asr-000858
00:47:26.340 --> 00:47:27.480
Senator Joseph Victor "JV" G. Ejercito: GOCCs in real time

asr-000859
00:47:27.480 --> 00:47:28.420
Senator Joseph Victor "JV" G. Ejercito: yung

asr-000860
00:47:28.420 --> 00:47:29.220
Senator Joseph Victor "JV" G. Ejercito: those who are

asr-000861
00:47:29.220 --> 00:47:29.660
Senator Joseph Victor "JV" G. Ejercito: performing

asr-000862
00:47:29.660 --> 00:47:30.760
Senator Joseph Victor "JV" G. Ejercito: and underperforming

asr-000863
00:47:30.760 --> 00:47:31.080
GCG Chairperson Atty. Marius P. Corpus: yes

asr-000864
00:47:31.080 --> 00:47:32.140
GCG Chairperson Atty. Marius P. Corpus: your honor

asr-000865
00:47:32.140 --> 00:47:32.660
GCG Chairperson Atty. Marius P. Corpus: there are

asr-000866
00:47:32.660 --> 00:47:33.160
GCG Chairperson Atty. Marius P. Corpus: actually

asr-000867
00:47:33.160 --> 00:47:34.480
GCG Chairperson Atty. Marius P. Corpus: GOCCs

asr-000868
00:47:34.480 --> 00:47:35.000
GCG Chairperson Atty. Marius P. Corpus: that are

asr-000869
00:47:35.000 --> 00:47:35.760
GCG Chairperson Atty. Marius P. Corpus: outside of

asr-000870
00:47:35.760 --> 00:47:36.700
GCG Chairperson Atty. Marius P. Corpus: the coverage

asr-000871
00:47:36.700 --> 00:47:37.280
GCG Chairperson Atty. Marius P. Corpus: of the

asr-000872
00:47:37.280 --> 00:47:38.000
GCG Chairperson Atty. Marius P. Corpus: GCG

asr-000873
00:47:38.000 --> 00:47:39.020
GCG Chairperson Atty. Marius P. Corpus: but directly

asr-000874
00:47:39.020 --> 00:47:39.440
GCG Chairperson Atty. Marius P. Corpus: supervised

asr-000875
00:47:39.440 --> 00:47:40.020
GCG Chairperson Atty. Marius P. Corpus: by the

asr-000876
00:47:40.020 --> 00:47:40.560
GCG Chairperson Atty. Marius P. Corpus: DOF

asr-000877
00:47:40.560 --> 00:47:41.820
GCG Chairperson Atty. Marius P. Corpus: or the

asr-000878
00:47:41.820 --> 00:47:42.260
GCG Chairperson Atty. Marius P. Corpus: DBM

asr-000879
00:47:42.260 --> 00:47:43.040
GCG Chairperson Atty. Marius P. Corpus: now

asr-000880
00:47:43.040 --> 00:47:44.380
GCG Chairperson Atty. Marius P. Corpus: the ICRS

asr-000881
00:47:44.380 --> 00:47:45.600
GCG Chairperson Atty. Marius P. Corpus: is an

asr-000882
00:47:45.600 --> 00:47:46.080
GCG Chairperson Atty. Marius P. Corpus: internally

asr-000883
00:47:46.080 --> 00:47:46.780
GCG Chairperson Atty. Marius P. Corpus: developed

asr-000884
00:47:46.780 --> 00:47:48.280
GCG Chairperson Atty. Marius P. Corpus: portal

asr-000885
00:47:48.280 --> 00:47:49.600
GCG Chairperson Atty. Marius P. Corpus: for the

asr-000886
00:47:49.600 --> 00:47:49.900
GCG Chairperson Atty. Marius P. Corpus: public

asr-000887
00:47:49.900 --> 00:47:50.500
GCG Chairperson Atty. Marius P. Corpus: to access

asr-000888
00:47:50.500 --> 00:47:50.940
GCG Chairperson Atty. Marius P. Corpus: the

asr-000889
00:47:50.940 --> 00:47:53.080
GCG Chairperson Atty. Marius P. Corpus: financial

asr-000890
00:47:53.080 --> 00:47:54.100
GCG Chairperson Atty. Marius P. Corpus: and non-financial

asr-000891
00:47:54.100 --> 00:47:54.720
GCG Chairperson Atty. Marius P. Corpus: data of

asr-000892
00:47:54.720 --> 00:47:55.800
GCG Chairperson Atty. Marius P. Corpus: GOCCs

asr-000893
00:47:55.800 --> 00:47:56.360
GCG Chairperson Atty. Marius P. Corpus: as you can

asr-000894
00:47:56.360 --> 00:47:56.600
GCG Chairperson Atty. Marius P. Corpus: see

asr-000895
00:47:56.600 --> 00:47:57.280
GCG Chairperson Atty. Marius P. Corpus: it's in

asr-000896
00:47:57.280 --> 00:47:58.060
GCG Chairperson Atty. Marius P. Corpus: our website

asr-000897
00:47:58.060 --> 00:47:59.200
GCG Chairperson Atty. Marius P. Corpus: there are

asr-000898
00:47:59.220 --> 00:47:59.860
GCG Chairperson Atty. Marius P. Corpus: technical

asr-000899
00:47:59.860 --> 00:48:00.360
GCG Chairperson Atty. Marius P. Corpus: assistance

asr-000900
00:48:00.360 --> 00:48:01.560
GCG Chairperson Atty. Marius P. Corpus: provided by

asr-000901
00:48:01.560 --> 00:48:02.020
GCG Chairperson Atty. Marius P. Corpus: the Asian

asr-000902
00:48:02.020 --> 00:48:02.960
GCG Chairperson Atty. Marius P. Corpus: Development Bank

asr-000903
00:48:02.960 --> 00:48:04.000
GCG Chairperson Atty. Marius P. Corpus: to develop

asr-000904
00:48:04.000 --> 00:48:04.600
GCG Chairperson Atty. Marius P. Corpus: a common

asr-000905
00:48:04.600 --> 00:48:05.700
GCG Chairperson Atty. Marius P. Corpus: reporting system

asr-000906
00:48:05.700 --> 00:48:06.620
GCG Chairperson Atty. Marius P. Corpus: which will

asr-000907
00:48:06.620 --> 00:48:07.200
GCG Chairperson Atty. Marius P. Corpus: integrate

asr-000908
00:48:07.200 --> 00:48:08.720
GCG Chairperson Atty. Marius P. Corpus: the data

asr-000909
00:48:08.720 --> 00:48:09.300
GCG Chairperson Atty. Marius P. Corpus: from the

asr-000910
00:48:09.300 --> 00:48:09.860
GCG Chairperson Atty. Marius P. Corpus: DOF

asr-000911
00:48:09.860 --> 00:48:10.720
GCG Chairperson Atty. Marius P. Corpus: the GCG

asr-000912
00:48:10.720 --> 00:48:11.060
GCG Chairperson Atty. Marius P. Corpus: and the

asr-000913
00:48:11.060 --> 00:48:11.520
GCG Chairperson Atty. Marius P. Corpus: DBM

asr-000914
00:48:11.520 --> 00:48:14.840
GCG Chairperson Atty. Marius P. Corpus: the ADB

asr-000915
00:48:14.840 --> 00:48:15.380
GCG Chairperson Atty. Marius P. Corpus: was the one

asr-000916
00:48:15.380 --> 00:48:15.680
GCG Chairperson Atty. Marius P. Corpus: who

asr-000917
00:48:15.680 --> 00:48:17.140
GCG Chairperson Atty. Marius P. Corpus: procured

asr-000918
00:48:17.140 --> 00:48:17.860
GCG Chairperson Atty. Marius P. Corpus: the consultant

asr-000919
00:48:17.860 --> 00:48:18.600
GCG Chairperson Atty. Marius P. Corpus: to develop

asr-000920
00:48:18.600 --> 00:48:19.560
GCG Chairperson Atty. Marius P. Corpus: the system

asr-000921
00:48:19.560 --> 00:48:20.640
GCG Chairperson Atty. Marius P. Corpus: but for

asr-000922
00:48:20.640 --> 00:48:21.260
GCG Chairperson Atty. Marius P. Corpus: the hardware

asr-000923
00:48:21.260 --> 00:48:23.560
GCG Chairperson Atty. Marius P. Corpus: the ADB

asr-000924
00:48:23.560 --> 00:48:24.060
GCG Chairperson Atty. Marius P. Corpus: will leave

asr-000925
00:48:24.060 --> 00:48:25.460
GCG Chairperson Atty. Marius P. Corpus: it to us

asr-000926
00:48:25.460 --> 00:48:25.760
GCG Chairperson Atty. Marius P. Corpus: to the

asr-000927
00:48:25.760 --> 00:48:26.360
GCG Chairperson Atty. Marius P. Corpus: GCG

asr-000928
00:48:26.360 --> 00:48:28.100
GCG Chairperson Atty. Marius P. Corpus: to procure

asr-000929
00:48:28.100 --> 00:48:28.960
GCG Chairperson Atty. Marius P. Corpus: the necessary

asr-000930
00:48:28.960 --> 00:48:29.540
GCG Chairperson Atty. Marius P. Corpus: IT

asr-000931
00:48:29.540 --> 00:48:30.360
GCG Chairperson Atty. Marius P. Corpus: infrastructure

asr-000932
00:48:30.360 --> 00:48:31.480
GCG Chairperson Atty. Marius P. Corpus: and that is

asr-000933
00:48:31.480 --> 00:48:32.440
GCG Chairperson Atty. Marius P. Corpus: why we are

asr-000934
00:48:32.440 --> 00:48:33.260
GCG Chairperson Atty. Marius P. Corpus: requesting

asr-000935
00:48:33.260 --> 00:48:33.760
GCG Chairperson Atty. Marius P. Corpus: for this

asr-000936
00:48:33.760 --> 00:48:34.180
GCG Chairperson Atty. Marius P. Corpus: additional

asr-000937
00:48:34.180 --> 00:48:34.540
GCG Chairperson Atty. Marius P. Corpus: budget

asr-000938
00:48:34.540 --> 00:48:34.940
GCG Chairperson Atty. Marius P. Corpus: because

asr-000939
00:48:34.940 --> 00:48:35.800
GCG Chairperson Atty. Marius P. Corpus: the

asr-000940
00:48:35.800 --> 00:48:37.240
GCG Chairperson Atty. Marius P. Corpus: rollout

asr-000941
00:48:37.240 --> 00:48:37.800
GCG Chairperson Atty. Marius P. Corpus: of this

asr-000942
00:48:37.800 --> 00:48:39.440
GCG Chairperson Atty. Marius P. Corpus: enhanced

asr-000943
00:48:39.440 --> 00:48:40.220
GCG Chairperson Atty. Marius P. Corpus: ICRS

asr-000944
00:48:40.220 --> 00:48:40.720
GCG Chairperson Atty. Marius P. Corpus: or the

asr-000945
00:48:40.720 --> 00:48:40.960
GCG Chairperson Atty. Marius P. Corpus: common

asr-000946
00:48:40.960 --> 00:48:41.920
GCG Chairperson Atty. Marius P. Corpus: reporting

asr-000947
00:48:41.920 --> 00:48:42.400
GCG Chairperson Atty. Marius P. Corpus: system

asr-000948
00:48:42.400 --> 00:48:42.960
GCG Chairperson Atty. Marius P. Corpus: will be

asr-000949
00:48:42.960 --> 00:48:44.220
GCG Chairperson Atty. Marius P. Corpus: in early

asr-000950
00:48:44.220 --> 00:48:45.240
GCG Chairperson Atty. Marius P. Corpus: 2027

asr-000951
00:48:45.240 --> 00:48:45.820
GCG Chairperson Atty. Marius P. Corpus: kasi

asr-000952
00:48:45.820 --> 00:48:46.240
GCG Chairperson Atty. Marius P. Corpus: nandiyan

asr-000953
00:48:46.240 --> 00:48:47.500
GCG Chairperson Atty. Marius P. Corpus: na po yung consultant

asr-000954
00:48:47.500 --> 00:48:47.860
GCG Chairperson Atty. Marius P. Corpus: ng

asr-000955
00:48:47.860 --> 00:48:48.360
GCG Chairperson Atty. Marius P. Corpus: ADB

asr-000956
00:48:48.360 --> 00:48:48.860
GCG Chairperson Atty. Marius P. Corpus: is

asr-000957
00:48:48.860 --> 00:48:49.340
GCG Chairperson Atty. Marius P. Corpus: developing

asr-000958
00:48:49.340 --> 00:48:49.780
GCG Chairperson Atty. Marius P. Corpus: the

asr-000959
00:48:49.780 --> 00:48:52.100
GCG Chairperson Atty. Marius P. Corpus: program

asr-000960
00:48:52.100 --> 00:48:53.260
GCG Chairperson Atty. Marius P. Corpus: all we

asr-000961
00:48:53.260 --> 00:48:53.780
GCG Chairperson Atty. Marius P. Corpus: have to

asr-000962
00:48:53.780 --> 00:48:54.160
GCG Chairperson Atty. Marius P. Corpus: do is

asr-000963
00:48:54.160 --> 00:48:54.860
GCG Chairperson Atty. Marius P. Corpus: to implement

asr-000964
00:48:54.860 --> 00:48:55.860
GCG Chairperson Atty. Marius P. Corpus: through our

asr-000965
00:48:55.860 --> 00:48:56.740
GCG Chairperson Atty. Marius P. Corpus: enhanced

asr-000966
00:48:56.740 --> 00:48:57.440
GCG Chairperson Atty. Marius P. Corpus: integrated

asr-000967
00:48:57.440 --> 00:48:58.040
GCG Chairperson Atty. Marius P. Corpus: corporate

asr-000968
00:48:58.040 --> 00:48:58.400
GCG Chairperson Atty. Marius P. Corpus: reporting

asr-000969
00:48:58.960 --> 00:48:59.540
GCG Chairperson Atty. Marius P. Corpus: system

asr-000970
00:48:59.540 --> 00:49:01.180
Senator Joseph Victor "JV" G. Ejercito: Okay, thank you, Mr. Chair.

asr-000971
00:49:01.180 --> 00:49:02.140
Senator Joseph Victor "JV" G. Ejercito: thank you

asr-000972
00:49:02.140 --> 00:49:03.200
Senator Paolo Benigno "Bam" Aquino IV: thank you

asr-000973
00:49:03.200 --> 00:49:04.420
Senator Paolo Benigno "Bam" Aquino IV: attorney corpus

asr-000974
00:49:04.420 --> 00:49:05.400
Senator Paolo Benigno "Bam" Aquino IV: maraming salamat

asr-000975
00:49:05.400 --> 00:49:07.180
Senator Paolo Benigno "Bam" Aquino IV: we will see you

asr-000976
00:49:07.180 --> 00:49:08.120
Senator Paolo Benigno "Bam" Aquino IV: at the plenary

asr-000977
00:49:08.120 --> 00:49:09.260
Senator Paolo Benigno "Bam" Aquino IV: maraming salamat

asr-000978
00:49:09.260 --> 00:49:10.060
Senator Paolo Benigno "Bam" Aquino IV: sa GCG

asr-000979
00:49:10.060 --> 00:49:10.460
Senator Paolo Benigno "Bam" Aquino IV: family

asr-000980
00:49:10.460 --> 00:49:11.620
GCG Chairperson Atty. Marius P. Corpus: thank you very much

asr-000981
00:49:11.620 --> 00:49:12.480
Senator Paolo Benigno "Bam" Aquino IV: may I suggest

asr-000982
00:49:12.480 --> 00:49:13.180
Senator Paolo Benigno "Bam" Aquino IV: that you just stay

asr-000983
00:49:13.180 --> 00:49:15.180
Senator Paolo Benigno "Bam" Aquino IV: while DTI presents

asr-000984
00:49:15.180 --> 00:49:16.100
Senator Paolo Benigno "Bam" Aquino IV: kasi some other

asr-000985
00:49:16.100 --> 00:49:17.040
Senator Paolo Benigno "Bam" Aquino IV: centers might still

asr-000986
00:49:17.040 --> 00:49:17.660
Senator Paolo Benigno "Bam" Aquino IV: arrive but

asr-000987
00:49:17.660 --> 00:49:18.700
Senator Paolo Benigno "Bam" Aquino IV: as far as I'm

asr-000988
00:49:18.700 --> 00:49:19.080
Senator Paolo Benigno "Bam" Aquino IV: concerned

asr-000989
00:49:19.080 --> 00:49:21.180
Senator Paolo Benigno "Bam" Aquino IV: your budget

asr-000990
00:49:21.180 --> 00:49:22.260
Senator Paolo Benigno "Bam" Aquino IV: is to the

asr-000991
00:49:22.260 --> 00:49:22.920
Senator Paolo Benigno "Bam" Aquino IV: plenary already

asr-000992
00:49:22.920 --> 00:49:23.540
Senator Paolo Benigno "Bam" Aquino IV: maraming salamat

asr-000993
00:49:23.540 --> 00:49:24.220
GCG Chairperson Atty. Marius P. Corpus: thank you very much

asr-000994
00:49:24.220 --> 00:49:25.340
Senator Paolo Benigno "Bam" Aquino IV: okay so just

asr-000995
00:49:25.340 --> 00:49:26.000
Senator Paolo Benigno "Bam" Aquino IV: sit tight

asr-000996
00:49:26.000 --> 00:49:26.740
Senator Paolo Benigno "Bam" Aquino IV: dito sa side

asr-000997
00:49:26.740 --> 00:49:26.940
Senator Paolo Benigno "Bam" Aquino IV: na to

asr-000998
00:49:26.940 --> 00:49:27.680
Senator Paolo Benigno "Bam" Aquino IV: just sit tight

asr-000999
00:49:27.680 --> 00:49:27.940
Senator Paolo Benigno "Bam" Aquino IV: lang

asr-001000
00:49:27.940 --> 00:49:28.580
Senator Paolo Benigno "Bam" Aquino IV: sige

asr-001001
00:49:28.580 --> 00:49:30.620
Senator Paolo Benigno "Bam" Aquino IV: Secretary Roque

asr-001002
00:49:30.620 --> 00:49:32.160
Senator Paolo Benigno "Bam" Aquino IV: before your

asr-001003
00:49:32.160 --> 00:49:32.800
Senator Paolo Benigno "Bam" Aquino IV: presentation

asr-001004
00:49:32.800 --> 00:49:34.080
Senator Paolo Benigno "Bam" Aquino IV: si Senator Tulfo

asr-001005
00:49:34.080 --> 00:49:34.620
Senator Paolo Benigno "Bam" Aquino IV: just has a few

asr-001006
00:49:34.620 --> 00:49:35.120
Senator Paolo Benigno "Bam" Aquino IV: questions

asr-001007
00:49:35.120 --> 00:49:36.000
Senator Paolo Benigno "Bam" Aquino IV: because he has

asr-001008
00:49:36.000 --> 00:49:36.480
Senator Paolo Benigno "Bam" Aquino IV: to go back

asr-001009
00:49:36.480 --> 00:49:37.540
Senator Paolo Benigno "Bam" Aquino IV: to session

asr-001010
00:49:37.540 --> 00:49:38.600
Senator Paolo Benigno "Bam" Aquino IV: so we'll allow

asr-001011
00:49:38.600 --> 00:49:39.460
Senator Paolo Benigno "Bam" Aquino IV: him to ask

asr-001012
00:49:39.460 --> 00:49:40.100
Senator Paolo Benigno "Bam" Aquino IV: a few questions

asr-001013
00:49:40.100 --> 00:49:40.960
Senator Raffy T. Tulfo: thank you

asr-001014
00:49:40.960 --> 00:49:41.520
Senator Raffy T. Tulfo: actually a couple

asr-001015
00:49:41.520 --> 00:49:42.040
Senator Raffy T. Tulfo: of questions

asr-001016
00:49:42.040 --> 00:49:43.200
Senator Raffy T. Tulfo: lang kung baka

asr-001017
00:49:43.200 --> 00:49:44.360
Senator Raffy T. Tulfo: one nga nga lang

asr-001018
00:49:44.360 --> 00:49:46.320
Senator Raffy T. Tulfo: madam secretary

asr-001019
00:49:46.320 --> 00:49:47.900
Senator Raffy T. Tulfo: gusto kong

asr-001020
00:49:47.900 --> 00:49:48.600
Senator Raffy T. Tulfo: pag-usapan natin

asr-001021
00:49:48.600 --> 00:49:49.040
Senator Raffy T. Tulfo: itong

asr-001022
00:49:49.040 --> 00:49:50.800
Senator Raffy T. Tulfo: trust mark

asr-001023
00:49:50.800 --> 00:49:53.140
Senator Raffy T. Tulfo: na iniimpose

asr-001024
00:49:53.140 --> 00:49:54.040
Senator Raffy T. Tulfo: sa lahat

asr-001025
00:49:54.040 --> 00:49:54.380
Senator Raffy T. Tulfo: ng mga

asr-001026
00:49:54.380 --> 00:49:55.700
Senator Raffy T. Tulfo: online transactions

asr-001027
00:49:55.700 --> 00:49:56.880
Senator Raffy T. Tulfo: and as we

asr-001028
00:49:56.880 --> 00:49:57.300
Senator Raffy T. Tulfo: all know

asr-001029
00:49:57.300 --> 00:49:57.680
Senator Raffy T. Tulfo: itong mga

asr-001030
00:49:57.680 --> 00:49:58.560
Senator Raffy T. Tulfo: online transactions

asr-001031
00:49:58.580 --> 00:49:59.060
Senator Raffy T. Tulfo: these are

asr-001032
00:49:59.060 --> 00:49:59.760
Senator Raffy T. Tulfo: being conducted

asr-001033
00:49:59.760 --> 00:50:00.140
Senator Raffy T. Tulfo: by

asr-001034
00:50:00.140 --> 00:50:01.260
Senator Raffy T. Tulfo: SMS

asr-001035
00:50:01.260 --> 00:50:03.520
Senator Raffy T. Tulfo: SMEs

asr-001036
00:50:03.520 --> 00:50:04.280
Senator Raffy T. Tulfo: ng mga

asr-001037
00:50:04.280 --> 00:50:04.720
Senator Raffy T. Tulfo: businesses

asr-001038
00:50:04.720 --> 00:50:06.220
Senator Raffy T. Tulfo: which accounts

asr-001039
00:50:06.220 --> 00:50:06.980
Senator Raffy T. Tulfo: to 90

asr-001040
00:50:06.980 --> 00:50:08.080
Senator Raffy T. Tulfo: plus percent

asr-001041
00:50:08.080 --> 00:50:08.880
Senator Raffy T. Tulfo: ng mga

asr-001042
00:50:08.880 --> 00:50:09.380
Senator Raffy T. Tulfo: negosyo

asr-001043
00:50:09.380 --> 00:50:09.800
Senator Raffy T. Tulfo: sa buong

asr-001044
00:50:09.800 --> 00:50:10.400
Senator Raffy T. Tulfo: Pilipinas

asr-001045
00:50:10.400 --> 00:50:11.640
Senator Raffy T. Tulfo: now

asr-001046
00:50:11.640 --> 00:50:12.540
Senator Raffy T. Tulfo: sinasabi dito

asr-001047
00:50:12.540 --> 00:50:13.140
Senator Raffy T. Tulfo: voluntary

asr-001048
00:50:13.140 --> 00:50:14.640
Senator Raffy T. Tulfo: until the

asr-001049
00:50:14.640 --> 00:50:15.180
Senator Raffy T. Tulfo: end of

asr-001050
00:50:15.180 --> 00:50:16.200
Senator Raffy T. Tulfo: 2026

asr-001051
00:50:16.200 --> 00:50:17.300
Senator Raffy T. Tulfo: so after

asr-001052
00:50:17.300 --> 00:50:18.200
Senator Raffy T. Tulfo: 2026

asr-001053
00:50:18.200 --> 00:50:18.680
Senator Raffy T. Tulfo: what's gonna

asr-001054
00:50:18.680 --> 00:50:19.120
Senator Raffy T. Tulfo: happen

asr-001055
00:50:19.120 --> 00:50:21.540
DTI Secretary Maria Cristina Aldeguer-Roque: good afternoon

asr-001056
00:50:21.540 --> 00:50:22.020
DTI Secretary Maria Cristina Aldeguer-Roque: Senator

asr-001057
00:50:22.020 --> 00:50:22.600
DTI Secretary Maria Cristina Aldeguer-Roque: and

asr-001058
00:50:22.600 --> 00:50:23.840
DTI Secretary Maria Cristina Aldeguer-Roque: Mr.

asr-001059
00:50:24.020 --> 00:50:24.280
DTI Secretary Maria Cristina Aldeguer-Roque: Chair

asr-001060
00:50:24.280 --> 00:50:25.520
DTI Secretary Maria Cristina Aldeguer-Roque: after 20

asr-001061
00:50:25.520 --> 00:50:25.960
DTI Secretary Maria Cristina Aldeguer-Roque: before

asr-001062
00:50:25.960 --> 00:50:27.060
DTI Secretary Maria Cristina Aldeguer-Roque: mag-ending

asr-001063
00:50:27.060 --> 00:50:27.940
DTI Secretary Maria Cristina Aldeguer-Roque: 2026

asr-001064
00:50:27.940 --> 00:50:28.360
DTI Secretary Maria Cristina Aldeguer-Roque: we will

asr-001065
00:50:28.360 --> 00:50:29.120
DTI Secretary Maria Cristina Aldeguer-Roque: assess again

asr-001066
00:50:29.120 --> 00:50:30.480
DTI Secretary Maria Cristina Aldeguer-Roque: if we need

asr-001067
00:50:30.480 --> 00:50:31.120
DTI Secretary Maria Cristina Aldeguer-Roque: to make it

asr-001068
00:50:31.120 --> 00:50:31.780
DTI Secretary Maria Cristina Aldeguer-Roque: voluntary

asr-001069
00:50:31.780 --> 00:50:33.020
DTI Secretary Maria Cristina Aldeguer-Roque: because for now

asr-001070
00:50:33.020 --> 00:50:33.760
DTI Secretary Maria Cristina Aldeguer-Roque: we give it out

asr-001071
00:50:33.760 --> 00:50:34.400
DTI Secretary Maria Cristina Aldeguer-Roque: for free

asr-001072
00:50:34.400 --> 00:50:35.900
DTI Secretary Maria Cristina Aldeguer-Roque: ang ano natin

asr-001073
00:50:35.900 --> 00:50:36.480
DTI Secretary Maria Cristina Aldeguer-Roque: is to really

asr-001074
00:50:36.480 --> 00:50:37.280
DTI Secretary Maria Cristina Aldeguer-Roque: encourage them

asr-001075
00:50:37.280 --> 00:50:38.020
DTI Secretary Maria Cristina Aldeguer-Roque: sana to

asr-001076
00:50:38.020 --> 00:50:38.800
DTI Secretary Maria Cristina Aldeguer-Roque: avail of the

asr-001077
00:50:38.800 --> 00:50:39.320
DTI Secretary Maria Cristina Aldeguer-Roque: trust mark

asr-001078
00:50:39.320 --> 00:50:40.040
DTI Secretary Maria Cristina Aldeguer-Roque: so if I'm a

asr-001079
00:50:40.040 --> 00:50:40.660
DTI Secretary Maria Cristina Aldeguer-Roque: buyer or

asr-001080
00:50:40.660 --> 00:50:41.240
DTI Secretary Maria Cristina Aldeguer-Roque: consumer

asr-001081
00:50:41.240 --> 00:50:42.540
DTI Secretary Maria Cristina Aldeguer-Roque: pag nakita ko

asr-001082
00:50:42.540 --> 00:50:43.160
DTI Secretary Maria Cristina Aldeguer-Roque: yung item

asr-001083
00:50:43.160 --> 00:50:44.120
DTI Secretary Maria Cristina Aldeguer-Roque: may trust mark

asr-001084
00:50:44.120 --> 00:50:44.740
DTI Secretary Maria Cristina Aldeguer-Roque: or seal ng

asr-001085
00:50:44.740 --> 00:50:45.160
DTI Secretary Maria Cristina Aldeguer-Roque: DTI

asr-001086
00:50:45.160 --> 00:50:46.080
DTI Secretary Maria Cristina Aldeguer-Roque: kahit pa pano

asr-001087
00:50:46.080 --> 00:50:46.760
DTI Secretary Maria Cristina Aldeguer-Roque: dumaan ito

asr-001088
00:50:46.760 --> 00:50:47.440
DTI Secretary Maria Cristina Aldeguer-Roque: sa pag-check

asr-001089
00:50:47.440 --> 00:50:47.960
DTI Secretary Maria Cristina Aldeguer-Roque: po ng

asr-001090
00:50:47.960 --> 00:50:48.720
DTI Secretary Maria Cristina Aldeguer-Roque: DTI

asr-001091
00:50:48.720 --> 00:50:50.200
Senator Raffy T. Tulfo: first of all

asr-001092
00:50:50.200 --> 00:50:51.140
Senator Raffy T. Tulfo: medyo mataas

asr-001093
00:50:51.140 --> 00:50:51.600
Senator Raffy T. Tulfo: nga po itong

asr-001094
00:50:51.600 --> 00:50:52.160
Senator Raffy T. Tulfo: singilin ito

asr-001095
00:50:52.160 --> 00:50:53.940
Senator Raffy T. Tulfo: 1,130

asr-001096
00:50:53.940 --> 00:50:55.500
Senator Raffy T. Tulfo: medyo mabigat

asr-001097
00:50:55.500 --> 00:50:55.680
Senator Raffy T. Tulfo: ito

asr-001098
00:50:55.680 --> 00:50:56.240
Senator Raffy T. Tulfo: lalo sa

asr-001099
00:50:56.240 --> 00:50:56.760
Senator Raffy T. Tulfo: sabi ko

asr-001100
00:50:56.760 --> 00:50:57.400
Senator Raffy T. Tulfo: dun sa mga

asr-001101
00:50:57.400 --> 00:50:58.240
Senator Raffy T. Tulfo: maliliit

asr-001102
00:50:58.360 --> 00:50:59.120
Senator Raffy T. Tulfo: na negosyo

asr-001103
00:50:59.120 --> 00:51:00.540
Senator Raffy T. Tulfo: sa internet

asr-001104
00:51:00.540 --> 00:51:01.560
DTI Secretary Maria Cristina Aldeguer-Roque: ah

asr-001105
00:51:01.560 --> 00:51:03.020
DTI Secretary Maria Cristina Aldeguer-Roque: hindi po

asr-001106
00:51:03.020 --> 00:51:03.980
DTI Secretary Maria Cristina Aldeguer-Roque: for the micro

asr-001107
00:51:03.980 --> 00:51:05.460
DTI Secretary Maria Cristina Aldeguer-Roque: libre po ito

asr-001108
00:51:05.460 --> 00:51:06.660
DTI Secretary Maria Cristina Aldeguer-Roque: so the trust mark

asr-001109
00:51:06.660 --> 00:51:07.320
DTI Secretary Maria Cristina Aldeguer-Roque: is free po

asr-001110
00:51:07.320 --> 00:51:08.140
DTI Secretary Maria Cristina Aldeguer-Roque: all they need to do

asr-001111
00:51:08.140 --> 00:51:08.740
DTI Secretary Maria Cristina Aldeguer-Roque: is to have their

asr-001112
00:51:08.740 --> 00:51:09.520
DTI Secretary Maria Cristina Aldeguer-Roque: products checked

asr-001113
00:51:09.520 --> 00:51:10.320
DTI Secretary Maria Cristina Aldeguer-Roque: by the DTI

asr-001114
00:51:10.320 --> 00:51:11.800
Senator Raffy T. Tulfo: ito 1,130

asr-001115
00:51:11.800 --> 00:51:12.220
Senator Raffy T. Tulfo: para

asr-001116
00:51:12.220 --> 00:51:12.840
DTI Secretary Maria Cristina Aldeguer-Roque: hindi po

asr-001117
00:51:12.840 --> 00:51:13.540
DTI Secretary Maria Cristina Aldeguer-Roque: for the medium

asr-001118
00:51:13.540 --> 00:51:14.640
DTI Secretary Maria Cristina Aldeguer-Roque: enterprises po

asr-001119
00:51:14.640 --> 00:51:14.980
DTI Secretary Maria Cristina Aldeguer-Roque: yun

asr-001120
00:51:14.980 --> 00:51:15.520
Senator Raffy T. Tulfo: okay

asr-001121
00:51:15.520 --> 00:51:16.460
Senator Raffy T. Tulfo: for the medium

asr-001122
00:51:16.460 --> 00:51:16.900
DTI Secretary Maria Cristina Aldeguer-Roque: enterprises

asr-001123
00:51:16.900 --> 00:51:17.900
DTI Secretary Maria Cristina Aldeguer-Roque: for the medium

asr-001124
00:51:17.900 --> 00:51:18.480
DTI Secretary Maria Cristina Aldeguer-Roque: enterprise

asr-001125
00:51:18.480 --> 00:51:19.020
DTI Secretary Maria Cristina Aldeguer-Roque: that means

asr-001126
00:51:19.020 --> 00:51:19.740
DTI Secretary Maria Cristina Aldeguer-Roque: that yung asset

asr-001127
00:51:19.740 --> 00:51:20.460
DTI Secretary Maria Cristina Aldeguer-Roque: size po

asr-001128
00:51:20.460 --> 00:51:21.240
DTI Secretary Maria Cristina Aldeguer-Roque: for them to be

asr-001129
00:51:21.240 --> 00:51:21.940
DTI Secretary Maria Cristina Aldeguer-Roque: considered po

asr-001130
00:51:21.940 --> 00:51:22.340
DTI Secretary Maria Cristina Aldeguer-Roque: as medium

asr-001131
00:51:22.340 --> 00:51:22.940
DTI Secretary Maria Cristina Aldeguer-Roque: enterprise

asr-001132
00:51:22.940 --> 00:51:23.880
DTI Secretary Maria Cristina Aldeguer-Roque: they must have

asr-001133
00:51:23.880 --> 00:51:24.580
DTI Secretary Maria Cristina Aldeguer-Roque: an asset size

asr-001134
00:51:24.580 --> 00:51:25.560
DTI Secretary Maria Cristina Aldeguer-Roque: of 30 million

asr-001135
00:51:25.560 --> 00:51:27.160
DTI Secretary Maria Cristina Aldeguer-Roque: plus 200 million

asr-001136
00:51:27.160 --> 00:51:27.760
Senator Raffy T. Tulfo: ah

asr-001137
00:51:27.760 --> 00:51:28.960
Senator Raffy T. Tulfo: 30 million

asr-001138
00:51:28.960 --> 00:51:29.760
Senator Raffy T. Tulfo: 200 million

asr-001139
00:51:29.760 --> 00:51:30.060
DTI Secretary Maria Cristina Aldeguer-Roque: yes

asr-001140
00:51:30.060 --> 00:51:31.420
DTI Secretary Maria Cristina Aldeguer-Roque: yun po yung asset size

asr-001141
00:51:31.420 --> 00:51:32.240
DTI Secretary Maria Cristina Aldeguer-Roque: for them to be

asr-001142
00:51:32.240 --> 00:51:33.220
DTI Secretary Maria Cristina Aldeguer-Roque: considered a medium

asr-001143
00:51:33.220 --> 00:51:33.880
DTI Secretary Maria Cristina Aldeguer-Roque: enterprise

asr-001144
00:51:33.880 --> 00:51:35.060
Senator Raffy T. Tulfo: so dun sa less

asr-001145
00:51:35.060 --> 00:51:36.520
Senator Raffy T. Tulfo: than 30 million

asr-001146
00:51:36.520 --> 00:51:37.480
Senator Raffy T. Tulfo: ang assets

asr-001147
00:51:37.480 --> 00:51:38.220
Senator Raffy T. Tulfo: libre

asr-001148
00:51:38.220 --> 00:51:39.320
DTI Secretary Maria Cristina Aldeguer-Roque: libre po ito

asr-001149
00:51:39.320 --> 00:51:39.860
Senator Raffy T. Tulfo: very good

asr-001150
00:51:39.860 --> 00:51:40.480
DTI Secretary Maria Cristina Aldeguer-Roque: yung trust mark

asr-001151
00:51:40.480 --> 00:51:42.020
DTI Secretary Maria Cristina Aldeguer-Roque: so we encourage

asr-001152
00:51:42.020 --> 00:51:42.520
DTI Secretary Maria Cristina Aldeguer-Roque: them po

asr-001153
00:51:42.520 --> 00:51:44.420
DTI Secretary Maria Cristina Aldeguer-Roque: to get the trust mark

asr-001154
00:51:44.420 --> 00:51:45.800
DTI Secretary Maria Cristina Aldeguer-Roque: para ako po yung

asr-001155
00:51:45.800 --> 00:51:46.760
DTI Secretary Maria Cristina Aldeguer-Roque: customer

asr-001156
00:51:46.760 --> 00:51:47.180
DTI Secretary Maria Cristina Aldeguer-Roque: let's say

asr-001157
00:51:47.180 --> 00:51:48.540
DTI Secretary Maria Cristina Aldeguer-Roque: papasko ngayon

asr-001158
00:51:48.540 --> 00:51:49.300
DTI Secretary Maria Cristina Aldeguer-Roque: we want to buy

asr-001159
00:51:49.300 --> 00:51:50.240
DTI Secretary Maria Cristina Aldeguer-Roque: the Christmas lights

asr-001160
00:51:50.240 --> 00:51:51.540
DTI Secretary Maria Cristina Aldeguer-Roque: so pag meron po

asr-001161
00:51:51.540 --> 00:51:52.760
DTI Secretary Maria Cristina Aldeguer-Roque: silang trust mark

asr-001162
00:51:52.760 --> 00:51:53.420
DTI Secretary Maria Cristina Aldeguer-Roque: dun sa

asr-001163
00:51:53.420 --> 00:51:54.680
DTI Secretary Maria Cristina Aldeguer-Roque: binibenta nilang

asr-001164
00:51:54.680 --> 00:51:55.580
DTI Secretary Maria Cristina Aldeguer-Roque: product

asr-001165
00:51:55.580 --> 00:51:56.780
DTI Secretary Maria Cristina Aldeguer-Roque: then at least

asr-001166
00:51:56.780 --> 00:51:58.180
DTI Secretary Maria Cristina Aldeguer-Roque: kampante po

asr-001167
00:51:58.180 --> 00:51:58.920
DTI Secretary Maria Cristina Aldeguer-Roque: yung consumer

asr-001168
00:51:58.920 --> 00:51:59.840
DTI Secretary Maria Cristina Aldeguer-Roque: that when they buy

asr-001169
00:51:59.840 --> 00:52:00.980
DTI Secretary Maria Cristina Aldeguer-Roque: nakadaan na po ito

asr-001170
00:52:00.980 --> 00:52:02.180
DTI Secretary Maria Cristina Aldeguer-Roque: sa pagsusuri

asr-001171
00:52:02.180 --> 00:52:02.740
DTI Secretary Maria Cristina Aldeguer-Roque: ng DTI

asr-001172
00:52:02.740 --> 00:52:03.340
Senator Raffy T. Tulfo: I understand

asr-001173
00:52:03.340 --> 00:52:04.720
Senator Raffy T. Tulfo: pero just the same

asr-001174
00:52:04.720 --> 00:52:06.000
Senator Raffy T. Tulfo: di ba mas maganda

asr-001175
00:52:06.000 --> 00:52:06.620
Senator Raffy T. Tulfo: kung gawin na natin

asr-001176
00:52:06.620 --> 00:52:07.140
Senator Raffy T. Tulfo: voluntary

asr-001177
00:52:07.140 --> 00:52:08.260
Senator Raffy T. Tulfo: all throughout

asr-001178
00:52:08.260 --> 00:52:09.360
Senator Raffy T. Tulfo: it's up to

asr-001179
00:52:09.360 --> 00:52:10.440
Senator Raffy T. Tulfo: the company

asr-001180
00:52:10.440 --> 00:52:11.020
Senator Raffy T. Tulfo: kung

asr-001181
00:52:11.020 --> 00:52:12.760
Senator Raffy T. Tulfo: tatangkilik sila

asr-001182
00:52:12.760 --> 00:52:13.560
Senator Raffy T. Tulfo: ng trust mark

asr-001183
00:52:13.560 --> 00:52:13.940
Senator Raffy T. Tulfo: ah

asr-001184
00:52:13.940 --> 00:52:14.700
Senator Raffy T. Tulfo: ah

asr-001185
00:52:14.700 --> 00:52:15.720
Senator Raffy T. Tulfo: rating

asr-001186
00:52:15.720 --> 00:52:17.220
Senator Raffy T. Tulfo: na sinasabi ninyo

asr-001187
00:52:17.220 --> 00:52:18.040
Senator Raffy T. Tulfo: na

asr-001188
00:52:18.040 --> 00:52:19.560
Senator Raffy T. Tulfo: pabor naman sa kanila yun

asr-001189
00:52:19.560 --> 00:52:20.240
Senator Raffy T. Tulfo: para sa kanila

asr-001190
00:52:20.240 --> 00:52:20.780
Senator Raffy T. Tulfo: mga customer

asr-001191
00:52:20.780 --> 00:52:22.000
Senator Raffy T. Tulfo: makikita na meron silang

asr-001192
00:52:22.000 --> 00:52:23.020
Senator Raffy T. Tulfo: badge na ganoon

asr-001193
00:52:23.020 --> 00:52:24.540
Senator Raffy T. Tulfo: so tatangkilikin sila

asr-001194
00:52:24.540 --> 00:52:25.240
Senator Raffy T. Tulfo: kung ayaw nila

asr-001195
00:52:25.240 --> 00:52:26.140
Senator Raffy T. Tulfo: ah

asr-001196
00:52:26.140 --> 00:52:26.540
Senator Raffy T. Tulfo: ah

asr-001197
00:52:26.540 --> 00:52:26.660
Senator Raffy T. Tulfo: ah

asr-001198
00:52:26.660 --> 00:52:26.760
Senator Raffy T. Tulfo: ah

asr-001199
00:52:26.780 --> 00:52:27.300
Senator Raffy T. Tulfo: , magbayad ng

asr-001200
00:52:27.300 --> 00:52:28.260
Senator Raffy T. Tulfo: 1,130

asr-001201
00:52:28.260 --> 00:52:29.820
Senator Raffy T. Tulfo: nasa kanila na yun

asr-001202
00:52:29.820 --> 00:52:31.480
Senator Raffy T. Tulfo: kung nakita

asr-001203
00:52:31.480 --> 00:52:32.380
Senator Raffy T. Tulfo: ng mga customer nila

asr-001204
00:52:32.380 --> 00:52:33.520
Senator Raffy T. Tulfo: na wala ka palang

asr-001205
00:52:33.520 --> 00:52:34.300
Senator Raffy T. Tulfo: trust mark

asr-001206
00:52:34.300 --> 00:52:35.280
Senator Raffy T. Tulfo: galing sa DTI

asr-001207
00:52:35.280 --> 00:52:36.920
Senator Raffy T. Tulfo: hindi kita tatangkilikin

asr-001208
00:52:36.920 --> 00:52:38.040
Senator Raffy T. Tulfo: would it be better

asr-001209
00:52:38.040 --> 00:52:38.880
Senator Raffy T. Tulfo: kung wala na lang

asr-001210
00:52:38.880 --> 00:52:39.980
Senator Raffy T. Tulfo: muna itong trust mark

asr-001211
00:52:39.980 --> 00:52:40.720
Senator Raffy T. Tulfo: at sa kasama po

asr-001212
00:52:40.720 --> 00:52:41.180
Senator Raffy T. Tulfo: punta itong

asr-001213
00:52:41.180 --> 00:52:42.740
Senator Raffy T. Tulfo: 1,130

asr-001214
00:52:42.740 --> 00:52:43.660
Senator Raffy T. Tulfo: na ibabayad

asr-001215
00:52:43.660 --> 00:52:44.240
Senator Raffy T. Tulfo: sa DTI

asr-001216
00:52:44.240 --> 00:52:45.600
Senator Raffy T. Tulfo: where will it go?

asr-001217
00:52:45.740 --> 00:52:45.940
DTI Secretary Maria Cristina Aldeguer-Roque: okay

asr-001218
00:52:45.940 --> 00:52:46.580
DTI Secretary Maria Cristina Aldeguer-Roque: um

asr-001219
00:52:46.580 --> 00:52:47.760
DTI Secretary Maria Cristina Aldeguer-Roque: Asec Marcos

asr-001220
00:52:47.760 --> 00:52:48.160
DTI Secretary Maria Cristina Aldeguer-Roque: can you

asr-001221
00:52:48.160 --> 00:52:49.160
DTI Secretary Maria Cristina Aldeguer-Roque: where the

asr-001222
00:52:49.160 --> 00:52:50.160
DTI Secretary Maria Cristina Aldeguer-Roque: ah

asr-001223
00:52:50.160 --> 00:52:51.000
DTI Assistant Secretary Atty. M. Marcus N. Valdez II: thank you

asr-001224
00:52:51.000 --> 00:52:51.540
DTI Assistant Secretary Atty. M. Marcus N. Valdez II: Mr. Chair

asr-001225
00:52:51.540 --> 00:52:51.840
DTI Assistant Secretary Atty. M. Marcus N. Valdez II: the

asr-001226
00:52:51.840 --> 00:52:52.740
DTI Assistant Secretary Atty. M. Marcus N. Valdez II: um

asr-001227
00:52:52.740 --> 00:52:54.000
DTI Assistant Secretary Atty. M. Marcus N. Valdez II: payment goes to the

asr-001228
00:52:54.000 --> 00:52:54.300
DTI Assistant Secretary Atty. M. Marcus N. Valdez II: treasury

asr-001229
00:52:54.300 --> 00:52:55.300
DTI Assistant Secretary Atty. M. Marcus N. Valdez II: Mr. Chair

asr-001230
00:52:55.300 --> 00:52:56.500
DTI Assistant Secretary Atty. M. Marcus N. Valdez II: sa treasury

asr-001231
00:52:56.500 --> 00:52:56.660
DTI Assistant Secretary Atty. M. Marcus N. Valdez II: treasury

asr-001232
00:52:56.660 --> 00:53:02.540
DTI Assistant Secretary Atty. M. Marcus N. Valdez II: yung

asr-001233
00:53:02.540 --> 00:53:03.160
DTI Assistant Secretary Atty. M. Marcus N. Valdez II: payment po

asr-001234
00:53:03.160 --> 00:53:03.620
DTI Assistant Secretary Atty. M. Marcus N. Valdez II: for the

asr-001235
00:53:03.620 --> 00:53:04.160
DTI Assistant Secretary Atty. M. Marcus N. Valdez II: trust mark

asr-001236
00:53:04.160 --> 00:53:04.880
DTI Assistant Secretary Atty. M. Marcus N. Valdez II: they go to the

asr-001237
00:53:04.880 --> 00:53:05.300
DTI Assistant Secretary Atty. M. Marcus N. Valdez II: treasury

asr-001238
00:53:05.300 --> 00:53:05.760
DTI Assistant Secretary Atty. M. Marcus N. Valdez II: bureau of

asr-001239
00:53:05.760 --> 00:53:06.060
DTI Assistant Secretary Atty. M. Marcus N. Valdez II: treasury

asr-001240
00:53:06.060 --> 00:53:06.560
DTI Assistant Secretary Atty. M. Marcus N. Valdez II: so

asr-001241
00:53:06.560 --> 00:53:07.260
Senator Raffy T. Tulfo: magkano po

asr-001242
00:53:07.260 --> 00:53:07.580
Senator Raffy T. Tulfo: yung

asr-001243
00:53:07.580 --> 00:53:08.360
Senator Raffy T. Tulfo: inyo pong

asr-001244
00:53:08.360 --> 00:53:09.040
Senator Raffy T. Tulfo: ah

asr-001245
00:53:09.040 --> 00:53:10.200
Senator Raffy T. Tulfo: na

asr-001246
00:53:10.200 --> 00:53:11.180
Senator Raffy T. Tulfo: anticipate

asr-001247
00:53:11.180 --> 00:53:12.920
Senator Raffy T. Tulfo: na makukulekta nyo

asr-001248
00:53:12.920 --> 00:53:14.400
Senator Raffy T. Tulfo: from the

asr-001249
00:53:14.400 --> 00:53:15.060
Senator Raffy T. Tulfo: trust mark

asr-001250
00:53:15.060 --> 00:53:16.940
Senator Raffy T. Tulfo: that would be

asr-001251
00:53:16.940 --> 00:53:18.000
Senator Raffy T. Tulfo: imposed by

asr-001252
00:53:18.000 --> 00:53:18.900
Senator Raffy T. Tulfo: the DTI

asr-001253
00:53:18.900 --> 00:53:19.440
Senator Raffy T. Tulfo: by

asr-001254
00:53:19.440 --> 00:53:20.140
Senator Raffy T. Tulfo: your

asr-001255
00:53:20.140 --> 00:53:21.620
Senator Raffy T. Tulfo: the department

asr-001256
00:53:21.620 --> 00:53:22.900
Senator Raffy T. Tulfo: after

asr-001257
00:53:22.900 --> 00:53:23.640
Senator Raffy T. Tulfo: 2026

asr-001258
00:53:23.640 --> 00:53:24.500
Senator Raffy T. Tulfo: after na makagawa

asr-001259
00:53:24.500 --> 00:53:25.020
Senator Raffy T. Tulfo: kayo ng assessment

asr-001260
00:53:25.020 --> 00:53:25.600
Senator Raffy T. Tulfo: na sinabi nyo

asr-001261
00:53:25.600 --> 00:53:26.440
Senator Raffy T. Tulfo: sige gagawin natin

asr-001262
00:53:26.440 --> 00:53:27.200
Senator Raffy T. Tulfo: itong mandatory

asr-001263
00:53:27.200 --> 00:53:28.020
Senator Raffy T. Tulfo: ah

asr-001264
00:53:28.020 --> 00:53:29.000
DTI Assistant Secretary Atty. M. Marcus N. Valdez II: thank you Mr. Chair

asr-001265
00:53:29.000 --> 00:53:29.580
DTI Assistant Secretary Atty. M. Marcus N. Valdez II: um

asr-001266
00:53:29.580 --> 00:53:30.180
DTI Assistant Secretary Atty. M. Marcus N. Valdez II: ah

asr-001267
00:53:30.180 --> 00:53:30.780
DTI Assistant Secretary Atty. M. Marcus N. Valdez II: Mr. Senator

asr-001268
00:53:30.780 --> 00:53:31.220
DTI Assistant Secretary Atty. M. Marcus N. Valdez II: ang

asr-001269
00:53:31.220 --> 00:53:33.820
DTI Assistant Secretary Atty. M. Marcus N. Valdez II: what we're doing po

asr-001270
00:53:33.820 --> 00:53:34.940
DTI Assistant Secretary Atty. M. Marcus N. Valdez II: right now is um

asr-001271
00:53:34.940 --> 00:53:36.220
DTI Assistant Secretary Atty. M. Marcus N. Valdez II: we are

asr-001272
00:53:36.220 --> 00:53:36.780
DTI Assistant Secretary Atty. M. Marcus N. Valdez II: um

asr-001273
00:53:36.780 --> 00:53:38.060
DTI Assistant Secretary Atty. M. Marcus N. Valdez II: discussing with

asr-001274
00:53:38.060 --> 00:53:38.460
DTI Assistant Secretary Atty. M. Marcus N. Valdez II: um

asr-001275
00:53:38.460 --> 00:53:39.480
DTI Assistant Secretary Atty. M. Marcus N. Valdez II: the industry

asr-001276
00:53:39.480 --> 00:53:41.000
DTI Assistant Secretary Atty. M. Marcus N. Valdez II: um

asr-001277
00:53:41.000 --> 00:53:43.120
DTI Assistant Secretary Atty. M. Marcus N. Valdez II: to build

asr-001278
00:53:43.120 --> 00:53:43.760
DTI Assistant Secretary Atty. M. Marcus N. Valdez II: po yung

asr-001279
00:53:43.760 --> 00:53:44.200
DTI Assistant Secretary Atty. M. Marcus N. Valdez II: e-commerce

asr-001280
00:53:44.200 --> 00:53:45.280
DTI Assistant Secretary Atty. M. Marcus N. Valdez II: promotion council

asr-001281
00:53:45.280 --> 00:53:46.900
DTI Assistant Secretary Atty. M. Marcus N. Valdez II: and um

asr-001282
00:53:46.900 --> 00:53:48.420
DTI Assistant Secretary Atty. M. Marcus N. Valdez II: eventually hand over

asr-001283
00:53:48.420 --> 00:53:49.080
DTI Assistant Secretary Atty. M. Marcus N. Valdez II: the

asr-001284
00:53:49.080 --> 00:53:49.980
DTI Assistant Secretary Atty. M. Marcus N. Valdez II: ah

asr-001285
00:53:49.980 --> 00:53:50.700
DTI Assistant Secretary Atty. M. Marcus N. Valdez II: running of the

asr-001286
00:53:50.700 --> 00:53:51.280
DTI Assistant Secretary Atty. M. Marcus N. Valdez II: trust mark

asr-001287
00:53:51.280 --> 00:53:51.800
DTI Assistant Secretary Atty. M. Marcus N. Valdez II: to the

asr-001288
00:53:51.800 --> 00:53:52.220
DTI Assistant Secretary Atty. M. Marcus N. Valdez II: e-commerce

asr-001289
00:53:52.220 --> 00:53:53.280
DTI Assistant Secretary Atty. M. Marcus N. Valdez II: promotion council

asr-001290
00:53:53.280 --> 00:53:54.300
DTI Assistant Secretary Atty. M. Marcus N. Valdez II: ah

asr-001291
00:53:54.300 --> 00:53:54.860
DTI Assistant Secretary Atty. M. Marcus N. Valdez II: yung e-commerce

asr-001292
00:53:54.860 --> 00:53:55.880
DTI Assistant Secretary Atty. M. Marcus N. Valdez II: promotion council po

asr-001293
00:53:55.880 --> 00:53:56.420
DTI Assistant Secretary Atty. M. Marcus N. Valdez II: would be

asr-001294
00:53:56.440 --> 00:53:57.600
DTI Assistant Secretary Atty. M. Marcus N. Valdez II: ah

asr-001295
00:53:57.600 --> 00:53:59.100
DTI Assistant Secretary Atty. M. Marcus N. Valdez II: membership po

asr-001296
00:53:59.100 --> 00:53:59.860
DTI Assistant Secretary Atty. M. Marcus N. Valdez II: yan of course

asr-001297
00:53:59.860 --> 00:54:00.260
DTI Assistant Secretary Atty. M. Marcus N. Valdez II: would be

asr-001298
00:54:00.260 --> 00:54:01.220
DTI Assistant Secretary Atty. M. Marcus N. Valdez II: the government

asr-001299
00:54:01.220 --> 00:54:02.100
DTI Assistant Secretary Atty. M. Marcus N. Valdez II: agencies

asr-001300
00:54:02.100 --> 00:54:02.980
DTI Assistant Secretary Atty. M. Marcus N. Valdez II: and also

asr-001301
00:54:02.980 --> 00:54:04.380
DTI Assistant Secretary Atty. M. Marcus N. Valdez II: yung private sector

asr-001302
00:54:04.380 --> 00:54:05.520
DTI Assistant Secretary Atty. M. Marcus N. Valdez II: so andun po yung mga

asr-001303
00:54:05.520 --> 00:54:06.340
DTI Assistant Secretary Atty. M. Marcus N. Valdez II: ah

asr-001304
00:54:06.340 --> 00:54:06.920
DTI Assistant Secretary Atty. M. Marcus N. Valdez II: platforms

asr-001305
00:54:06.920 --> 00:54:08.260
DTI Assistant Secretary Atty. M. Marcus N. Valdez II: ah

asr-001306
00:54:08.260 --> 00:54:09.020
DTI Assistant Secretary Atty. M. Marcus N. Valdez II: merchants

asr-001307
00:54:09.020 --> 00:54:10.260
DTI Assistant Secretary Atty. M. Marcus N. Valdez II: ah

asr-001308
00:54:10.260 --> 00:54:11.020
DTI Assistant Secretary Atty. M. Marcus N. Valdez II: internet service

asr-001309
00:54:11.020 --> 00:54:11.740
DTI Assistant Secretary Atty. M. Marcus N. Valdez II: providers

asr-001310
00:54:11.740 --> 00:54:13.120
DTI Assistant Secretary Atty. M. Marcus N. Valdez II: yun po

asr-001311
00:54:13.120 --> 00:54:14.960
Senator Raffy T. Tulfo: Mr. Chair

asr-001312
00:54:14.960 --> 00:54:15.560
Senator Raffy T. Tulfo: para sa akin

asr-001313
00:54:15.560 --> 00:54:16.400
Senator Raffy T. Tulfo: nung malaman ko na

asr-001314
00:54:16.400 --> 00:54:17.320
Senator Raffy T. Tulfo: 30 million pala

asr-001315
00:54:17.320 --> 00:54:18.100
Senator Raffy T. Tulfo: ang capital

asr-001316
00:54:18.100 --> 00:54:19.460
Senator Raffy T. Tulfo: pataas yun yung

asr-001317
00:54:19.460 --> 00:54:20.520
Senator Raffy T. Tulfo: kaya magbayad ng

asr-001318
00:54:20.520 --> 00:54:21.840
Senator Raffy T. Tulfo: medium enterprises

asr-001319
00:54:21.840 --> 00:54:22.980
Senator Raffy T. Tulfo: na magbayad ng

asr-001320
00:54:22.980 --> 00:54:23.380
Senator Raffy T. Tulfo: trust mark

asr-001321
00:54:23.380 --> 00:54:24.340
Senator Raffy T. Tulfo: kaya nila yun

asr-001322
00:54:24.340 --> 00:54:25.420
Senator Raffy T. Tulfo: kasi kung mga

asr-001323
00:54:25.420 --> 00:54:26.360
Senator Raffy T. Tulfo: ang kapital lang

asr-001324
00:54:26.360 --> 00:54:26.420
Senator Raffy T. Tulfo: yun

asr-001325
00:54:26.440 --> 00:54:26.820
Senator Raffy T. Tulfo: yung mga

asr-001326
00:54:26.820 --> 00:54:27.700
Senator Raffy T. Tulfo: 100,000

asr-001327
00:54:27.700 --> 00:54:28.220
Senator Raffy T. Tulfo: 200,000

asr-001328
00:54:28.220 --> 00:54:28.780
Senator Raffy T. Tulfo: medyo mabigat

asr-001329
00:54:28.780 --> 00:54:29.220
Senator Raffy T. Tulfo: sa kanila yun

asr-001330
00:54:29.220 --> 00:54:30.400
Senator Raffy T. Tulfo: so hindi kasama

asr-001331
00:54:30.400 --> 00:54:31.640
Senator Raffy T. Tulfo: gusto kong klaruhin yun

asr-001332
00:54:31.640 --> 00:54:34.880
Senator Raffy T. Tulfo: on the record please

asr-001333
00:54:34.880 --> 00:54:35.820
Senator Raffy T. Tulfo: on the record please

asr-001334
00:54:35.820 --> 00:54:38.580
DTI Secretary Maria Cristina Aldeguer-Roque: yung small enterprise po

asr-001335
00:54:38.580 --> 00:54:39.360
DTI Secretary Maria Cristina Aldeguer-Roque: is um

asr-001336
00:54:39.360 --> 00:54:39.920
DTI Secretary Maria Cristina Aldeguer-Roque: free

asr-001337
00:54:39.920 --> 00:54:40.940
DTI Secretary Maria Cristina Aldeguer-Roque: 30 million

asr-001338
00:54:40.940 --> 00:54:42.260
DTI Secretary Maria Cristina Aldeguer-Roque: that's a smaller

asr-001339
00:54:42.260 --> 00:54:42.980
DTI Secretary Maria Cristina Aldeguer-Roque: enterprise

asr-001340
00:54:42.980 --> 00:54:43.520
DTI Secretary Maria Cristina Aldeguer-Roque: below 30 million

asr-001341
00:54:43.520 --> 00:54:44.500
Senator Raffy T. Tulfo: libre

asr-001342
00:54:44.500 --> 00:54:45.420
DTI Secretary Maria Cristina Aldeguer-Roque: is ano

asr-001343
00:54:45.420 --> 00:54:46.620
DTI Secretary Maria Cristina Aldeguer-Roque: is um

asr-001344
00:54:46.620 --> 00:54:47.560
DTI Secretary Maria Cristina Aldeguer-Roque: small enterprise

asr-001345
00:54:47.560 --> 00:54:48.820
DTI Secretary Maria Cristina Aldeguer-Roque: yun na micro po

asr-001346
00:54:48.820 --> 00:54:49.960
DTI Secretary Maria Cristina Aldeguer-Roque: yung up to

asr-001347
00:54:49.960 --> 00:54:50.820
DTI Secretary Maria Cristina Aldeguer-Roque: 3 million yung

asr-001348
00:54:50.820 --> 00:54:51.740
DTI Secretary Maria Cristina Aldeguer-Roque: asset size nila

asr-001349
00:54:51.740 --> 00:54:52.740
DTI Secretary Maria Cristina Aldeguer-Roque: libre po ito

asr-001350
00:54:52.740 --> 00:54:53.480
Senator Raffy T. Tulfo: up to 3 million

asr-001351
00:54:53.480 --> 00:54:55.360
Senator Raffy T. Tulfo: sabi nyo kanina

asr-001352
00:54:55.360 --> 00:54:56.060
Senator Raffy T. Tulfo: 30 million

asr-001353
00:54:56.440 --> 00:54:57.460
Senator Raffy T. Tulfo: can we clarify

asr-001354
00:54:57.460 --> 00:54:58.900
DTI Secretary Maria Cristina Aldeguer-Roque: there's a micro

asr-001355
00:54:58.900 --> 00:54:59.800
DTI Secretary Maria Cristina Aldeguer-Roque: senator

asr-001356
00:54:59.800 --> 00:55:01.040
DTI Secretary Maria Cristina Aldeguer-Roque: and then there's a small

asr-001357
00:55:01.040 --> 00:55:01.880
DTI Secretary Maria Cristina Aldeguer-Roque: and then there's also

asr-001358
00:55:01.880 --> 00:55:02.920
DTI Secretary Maria Cristina Aldeguer-Roque: the medium enterprise

asr-001359
00:55:02.920 --> 00:55:04.120
DTI Secretary Maria Cristina Aldeguer-Roque: so for the micro

asr-001360
00:55:04.120 --> 00:55:05.960
DTI Secretary Maria Cristina Aldeguer-Roque: I'll just get the exact

asr-001361
00:55:05.960 --> 00:55:06.640
DTI Secretary Maria Cristina Aldeguer-Roque: um

asr-001362
00:55:06.640 --> 00:55:07.220
DTI Secretary Maria Cristina Aldeguer-Roque: so meron pa rin

asr-001363
00:55:07.220 --> 00:55:08.200
DTI Secretary Maria Cristina Aldeguer-Roque: doon sa micro

asr-001364
00:55:08.200 --> 00:55:08.840
Senator Raffy T. Tulfo: dapat libre

asr-001365
00:55:08.840 --> 00:55:09.740
Senator Raffy T. Tulfo: or voluntary

asr-001366
00:55:09.740 --> 00:55:12.340
Senator Raffy T. Tulfo: sabi mo may 3 million assets

asr-001367
00:55:12.340 --> 00:55:12.740
Senator Raffy T. Tulfo: yung

asr-001368
00:55:12.740 --> 00:55:14.260
DTI Secretary Maria Cristina Aldeguer-Roque: so ano po

asr-001369
00:55:14.260 --> 00:55:14.940
DTI Secretary Maria Cristina Aldeguer-Roque: yung micro

asr-001370
00:55:14.940 --> 00:55:15.440
DTI Secretary Maria Cristina Aldeguer-Roque: libre

asr-001371
00:55:15.440 --> 00:55:16.800
DTI Secretary Maria Cristina Aldeguer-Roque: yung

asr-001372
00:55:16.800 --> 00:55:18.260
Senator Paolo Benigno "Bam" Aquino IV: yung small

asr-001373
00:55:18.260 --> 00:55:19.120
Senator Paolo Benigno "Bam" Aquino IV: which is 3 million

asr-001374
00:55:19.120 --> 00:55:19.800
DTI Secretary Maria Cristina Aldeguer-Roque: to 30 million

asr-001375
00:55:19.800 --> 00:55:20.240
DTI Secretary Maria Cristina Aldeguer-Roque: yung assets

asr-001376
00:55:20.240 --> 00:55:21.080
DTI Secretary Maria Cristina Aldeguer-Roque: meron po silang

asr-001377
00:55:21.080 --> 00:55:22.180
DTI Secretary Maria Cristina Aldeguer-Roque: application fee

asr-001378
00:55:22.180 --> 00:55:23.140
DTI Secretary Maria Cristina Aldeguer-Roque: tapos meron lang

asr-001379
00:55:23.140 --> 00:55:24.380
DTI Secretary Maria Cristina Aldeguer-Roque: 130 pesos

asr-001380
00:55:24.380 --> 00:55:25.200
DTI Secretary Maria Cristina Aldeguer-Roque: that they pay

asr-001381
00:55:25.200 --> 00:55:25.780
Senator Raffy T. Tulfo: how much is the

asr-001382
00:55:25.780 --> 00:55:26.420
Senator Raffy T. Tulfo: application fee?

asr-001383
00:55:26.440 --> 00:55:29.340
Senator Raffy T. Tulfo: can we

asr-001384
00:55:29.340 --> 00:55:32.440
Senator Raffy T. Tulfo: again

asr-001385
00:55:32.440 --> 00:55:33.720
DTI Secretary Maria Cristina Aldeguer-Roque: doon po tayo

asr-001386
00:55:33.720 --> 00:55:34.480
DTI Secretary Maria Cristina Aldeguer-Roque: sa asset size

asr-001387
00:55:34.480 --> 00:55:35.260
DTI Secretary Maria Cristina Aldeguer-Roque: for the micro

asr-001388
00:55:35.260 --> 00:55:36.520
DTI Secretary Maria Cristina Aldeguer-Roque: is up to 3 million

asr-001389
00:55:36.520 --> 00:55:37.680
DTI Secretary Maria Cristina Aldeguer-Roque: yung asset size

asr-001390
00:55:37.680 --> 00:55:38.480
DTI Secretary Maria Cristina Aldeguer-Roque: for them to be

asr-001391
00:55:38.480 --> 00:55:39.360
DTI Secretary Maria Cristina Aldeguer-Roque: considered a micro

asr-001392
00:55:39.360 --> 00:55:40.140
DTI Secretary Maria Cristina Aldeguer-Roque: enterprise

asr-001393
00:55:40.140 --> 00:55:41.080
DTI Secretary Maria Cristina Aldeguer-Roque: and then they're free

asr-001394
00:55:41.080 --> 00:55:42.240
DTI Secretary Maria Cristina Aldeguer-Roque: doon sa

asr-001395
00:55:42.240 --> 00:55:43.180
DTI Secretary Maria Cristina Aldeguer-Roque: free sila sa Trustmark

asr-001396
00:55:43.180 --> 00:55:44.800
Senator Paolo Benigno "Bam" Aquino IV: free sila sa Trustmark

asr-001397
00:55:44.800 --> 00:55:45.540
DTI Secretary Maria Cristina Aldeguer-Roque: again again

asr-001398
00:55:45.540 --> 00:55:46.640
Senator Paolo Benigno "Bam" Aquino IV: are they free sa Trustmark?

asr-001399
00:55:46.660 --> 00:55:46.860
DTI Secretary Maria Cristina Aldeguer-Roque: free

asr-001400
00:55:46.860 --> 00:55:47.700
DTI Secretary Maria Cristina Aldeguer-Roque: they are free

asr-001401
00:55:47.700 --> 00:55:47.980
DTI Secretary Maria Cristina Aldeguer-Roque: okay

asr-001402
00:55:47.980 --> 00:55:48.640
Senator Paolo Benigno "Bam" Aquino IV: next

asr-001403
00:55:48.640 --> 00:55:49.940
DTI Secretary Maria Cristina Aldeguer-Roque: and then for the

asr-001404
00:55:49.940 --> 00:55:50.940
DTI Secretary Maria Cristina Aldeguer-Roque: small enterprises

asr-001405
00:55:50.940 --> 00:55:51.920
DTI Secretary Maria Cristina Aldeguer-Roque: 3 million

asr-001406
00:55:51.920 --> 00:55:53.800
DTI Secretary Maria Cristina Aldeguer-Roque: up to 15 million po

asr-001407
00:55:53.800 --> 00:55:55.200
DTI Secretary Maria Cristina Aldeguer-Roque: yung asset size nila

asr-001408
00:55:55.200 --> 00:55:56.180
DTI Secretary Maria Cristina Aldeguer-Roque: so sila

asr-001409
00:55:56.180 --> 00:55:57.500
DTI Secretary Maria Cristina Aldeguer-Roque: may binabayaran

asr-001410
00:55:57.500 --> 00:55:57.720
DTI Secretary Maria Cristina Aldeguer-Roque: may

asr-001411
00:55:57.720 --> 00:55:59.860
DTI Secretary Maria Cristina Aldeguer-Roque: there's a small

asr-001412
00:55:59.860 --> 00:56:01.020
DTI Secretary Maria Cristina Aldeguer-Roque: yet the exact

asr-001413
00:56:01.020 --> 00:56:01.580
Senator Raffy T. Tulfo: how much?

asr-001414
00:56:01.760 --> 00:56:02.120
DTI Secretary Maria Cristina Aldeguer-Roque: I forgot

asr-001415
00:56:02.120 --> 00:56:07.300
DTI Secretary Maria Cristina Aldeguer-Roque: 630 pesos

asr-001416
00:56:07.300 --> 00:56:08.140
Senator Raffy T. Tulfo: yan yung sinasabi ko

asr-001417
00:56:08.140 --> 00:56:09.720
Senator Raffy T. Tulfo: dapat voluntary na lang

asr-001418
00:56:09.720 --> 00:56:10.720
DTI Secretary Maria Cristina Aldeguer-Roque: voluntary po

asr-001419
00:56:10.720 --> 00:56:11.420
DTI Secretary Maria Cristina Aldeguer-Roque: up to

asr-001420
00:56:11.420 --> 00:56:12.400
DTI Secretary Maria Cristina Aldeguer-Roque: the 2026

asr-001421
00:56:12.400 --> 00:56:13.820
Senator Raffy T. Tulfo: even after 2026

asr-001422
00:56:13.820 --> 00:56:15.060
DTI Secretary Maria Cristina Aldeguer-Roque: make it still voluntary

asr-001423
00:56:15.060 --> 00:56:16.280
DTI Secretary Maria Cristina Aldeguer-Roque: kasi

asr-001424
00:56:16.280 --> 00:56:18.060
Senator Raffy T. Tulfo: nasa kanila na yun

asr-001425
00:56:18.060 --> 00:56:19.500
Senator Raffy T. Tulfo: kung gusto ba nila

asr-001426
00:56:19.500 --> 00:56:20.800
Senator Raffy T. Tulfo: na magkaroon ng Trustmark

asr-001427
00:56:20.800 --> 00:56:21.880
Senator Raffy T. Tulfo: bilang badge

asr-001428
00:56:21.880 --> 00:56:23.420
Senator Raffy T. Tulfo: para maipagmamalak nila

asr-001429
00:56:23.420 --> 00:56:24.420
Senator Raffy T. Tulfo: sa mga customer nila

asr-001430
00:56:24.420 --> 00:56:25.300
Senator Raffy T. Tulfo: o ayaw nila

asr-001431
00:56:25.300 --> 00:56:26.400
Senator Raffy T. Tulfo: gusto nila magtipid

asr-001432
00:56:26.400 --> 00:56:27.600
Senator Raffy T. Tulfo: hindi sila magbayad

asr-001433
00:56:27.600 --> 00:56:28.100
Senator Raffy T. Tulfo: ng 600

asr-001434
00:56:28.100 --> 00:56:28.960
Senator Raffy T. Tulfo: then

asr-001435
00:56:28.960 --> 00:56:31.380
Senator Raffy T. Tulfo: pwede yung mga customer nilang

asr-001436
00:56:31.380 --> 00:56:32.620
Senator Raffy T. Tulfo: dating customer nila

asr-001437
00:56:32.620 --> 00:56:33.560
Senator Raffy T. Tulfo: hindi na babalik sa kanila

asr-001438
00:56:33.560 --> 00:56:33.780
Senator Raffy T. Tulfo: or

asr-001439
00:56:33.780 --> 00:56:35.000
Senator Raffy T. Tulfo: hindi nila sila magkakaroon

asr-001440
00:56:35.000 --> 00:56:35.620
Senator Raffy T. Tulfo: ng bagong customer

asr-001441
00:56:35.620 --> 00:56:36.680
Senator Raffy T. Tulfo: kasi wala silang badge

asr-001442
00:56:36.680 --> 00:56:37.500
Senator Raffy T. Tulfo: from DTI

asr-001443
00:56:37.500 --> 00:56:39.160
Senator Raffy T. Tulfo: so just make it voluntary nila

asr-001444
00:56:39.160 --> 00:56:40.180
Senator Raffy T. Tulfo: kasi mayroong mga iba

asr-001445
00:56:40.180 --> 00:56:41.060
Senator Raffy T. Tulfo: nagtitipid

asr-001446
00:56:41.060 --> 00:56:42.140
DTI Secretary Maria Cristina Aldeguer-Roque: ayaw talaga

asr-001447
00:56:42.140 --> 00:56:43.700
DTI Secretary Maria Cristina Aldeguer-Roque: so huwag natin puwede

asr-001448
00:56:43.700 --> 00:56:44.200
Senator Raffy T. Tulfo: sahit

asr-001449
00:56:44.200 --> 00:56:45.020
DTI Secretary Maria Cristina Aldeguer-Roque: okay

asr-001450
00:56:45.020 --> 00:56:46.000
DTI Secretary Maria Cristina Aldeguer-Roque: yes okay

asr-001451
00:56:46.000 --> 00:56:46.540
Senator Raffy T. Tulfo: thank you

asr-001452
00:56:46.540 --> 00:56:47.640
Senator Raffy T. Tulfo: now last na lamang po

asr-001453
00:56:47.640 --> 00:56:48.060
Senator Raffy T. Tulfo: Mr. Chair

asr-001454
00:56:48.060 --> 00:56:49.640
Senator Raffy T. Tulfo: doon sa no return

asr-001455
00:56:49.640 --> 00:56:50.540
Senator Raffy T. Tulfo: no exchange

asr-001456
00:56:50.540 --> 00:56:51.540
Senator Raffy T. Tulfo: meron pa rin ako

asr-001457
00:56:51.540 --> 00:56:52.640
Senator Raffy T. Tulfo: natatanggap na reklamo

asr-001458
00:56:52.640 --> 00:56:53.780
Senator Raffy T. Tulfo: may mga tindahan pa rin

asr-001459
00:56:53.780 --> 00:56:54.420
Senator Raffy T. Tulfo: na matapos

asr-001460
00:56:54.420 --> 00:56:55.540
Senator Raffy T. Tulfo: matapos bilihin

asr-001461
00:56:55.540 --> 00:56:56.760
Senator Raffy T. Tulfo: at may problema

asr-001462
00:56:56.760 --> 00:56:57.600
Senator Raffy T. Tulfo: doon sa produkto

asr-001463
00:56:57.600 --> 00:56:58.640
Senator Raffy T. Tulfo: special electronics

asr-001464
00:56:58.640 --> 00:56:59.000
Senator Raffy T. Tulfo: eh

asr-001465
00:56:59.000 --> 00:57:00.720
Senator Raffy T. Tulfo: pinasisikot-sikot sila

asr-001466
00:57:00.720 --> 00:57:01.820
Senator Raffy T. Tulfo: maraming mga binibigay

asr-001467
00:57:01.820 --> 00:57:02.360
Senator Raffy T. Tulfo: ng mga dahilan

asr-001468
00:57:02.360 --> 00:57:03.420
Senator Raffy T. Tulfo: para hindi lang

asr-001469
00:57:03.420 --> 00:57:04.780
Senator Raffy T. Tulfo: maibalik yung

asr-001470
00:57:04.780 --> 00:57:05.400
Senator Raffy T. Tulfo: ah

asr-001471
00:57:05.400 --> 00:57:06.980
Senator Raffy T. Tulfo: gamit na sira

asr-001472
00:57:06.980 --> 00:57:08.080
Senator Raffy T. Tulfo: or

asr-001473
00:57:08.080 --> 00:57:08.880
Senator Raffy T. Tulfo: sasabihin sa kanila

asr-001474
00:57:08.880 --> 00:57:09.820
Senator Raffy T. Tulfo: eh sige

asr-001475
00:57:09.820 --> 00:57:11.600
Senator Raffy T. Tulfo: bibiyan kita ng bago

asr-001476
00:57:11.600 --> 00:57:13.500
Senator Raffy T. Tulfo: ah

asr-001477
00:57:13.500 --> 00:57:14.900
Senator Raffy T. Tulfo: pero meron kang dadagdag

asr-001478
00:57:14.900 --> 00:57:16.400
Senator Raffy T. Tulfo: kasi wala nang stock

asr-001479
00:57:16.400 --> 00:57:17.060
Senator Raffy T. Tulfo: itong binili mo

asr-001480
00:57:17.060 --> 00:57:17.780
Senator Raffy T. Tulfo: stock A

asr-001481
00:57:17.780 --> 00:57:18.420
Senator Raffy T. Tulfo: kunyari yung

asr-001482
00:57:18.420 --> 00:57:19.400
Senator Raffy T. Tulfo: product A

asr-001483
00:57:19.400 --> 00:57:21.440
Senator Raffy T. Tulfo: eh wala nang available yan

asr-001484
00:57:21.440 --> 00:57:22.140
Senator Raffy T. Tulfo: sige

asr-001485
00:57:22.140 --> 00:57:23.520
Senator Raffy T. Tulfo: papalitan namin itong product

asr-001486
00:57:23.520 --> 00:57:24.320
Senator Raffy T. Tulfo: may dagdag ka na

asr-001487
00:57:24.320 --> 00:57:24.400
Senator Raffy T. Tulfo: ng product

asr-001488
00:57:24.420 --> 00:57:24.920
Senator Raffy T. Tulfo: ng konti

asr-001489
00:57:24.920 --> 00:57:25.800
Senator Raffy T. Tulfo: so

asr-001490
00:57:25.800 --> 00:57:27.460
Senator Raffy T. Tulfo: para na-scam pa ata

asr-001491
00:57:27.460 --> 00:57:28.360
Senator Raffy T. Tulfo: yung consumer

asr-001492
00:57:28.360 --> 00:57:29.320
Senator Raffy T. Tulfo: so meron ba kayo

asr-001493
00:57:29.320 --> 00:57:30.140
Senator Raffy T. Tulfo: monitor na ginagawa

asr-001494
00:57:30.140 --> 00:57:30.920
Senator Raffy T. Tulfo: doon sa no return

asr-001495
00:57:30.920 --> 00:57:31.760
Senator Raffy T. Tulfo: no exchange policy

asr-001496
00:57:31.760 --> 00:57:32.600
Senator Raffy T. Tulfo: na hanggang ngayon

asr-001497
00:57:32.600 --> 00:57:33.360
Senator Raffy T. Tulfo: in-implement pa rin

asr-001498
00:57:33.360 --> 00:57:34.380
Senator Raffy T. Tulfo: ng ilang mga tindahan

asr-001499
00:57:34.380 --> 00:57:35.440
Senator Raffy T. Tulfo: na bawal dapat po yan

asr-001500
00:57:35.440 --> 00:57:37.740
DTI Secretary Maria Cristina Aldeguer-Roque: Senator may forward you

asr-001501
00:57:37.740 --> 00:57:38.200
DTI Secretary Maria Cristina Aldeguer-Roque: to

asr-001502
00:57:38.200 --> 00:57:39.440
DTI Secretary Maria Cristina Aldeguer-Roque: Gino Mallari

asr-001503
00:57:39.440 --> 00:57:39.800
DTI Secretary Maria Cristina Aldeguer-Roque: to

asr-001504
00:57:39.800 --> 00:57:41.200
DTI Secretary Maria Cristina Aldeguer-Roque: he's the head of this

asr-001505
00:57:41.200 --> 00:57:41.780
DTI Secretary Maria Cristina Aldeguer-Roque: department

asr-001506
00:57:41.780 --> 00:57:44.300
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: good afternoon

asr-001507
00:57:44.300 --> 00:57:44.920
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: ah

asr-001508
00:57:44.920 --> 00:57:45.380
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: Mr. Chair

asr-001509
00:57:45.380 --> 00:57:45.780
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: your honor

asr-001510
00:57:45.780 --> 00:57:46.920
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: ah

asr-001511
00:57:46.920 --> 00:57:47.260
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: yes

asr-001512
00:57:47.260 --> 00:57:47.960
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: meron po kaming

asr-001513
00:57:47.960 --> 00:57:48.820
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: consumer care

asr-001514
00:57:48.820 --> 00:57:49.600
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: ah

asr-001515
00:57:49.600 --> 00:57:50.240
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: unit

asr-001516
00:57:50.240 --> 00:57:51.100
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: na nag-handle po

asr-001517
00:57:51.100 --> 00:57:52.400
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: ng consumer complaints

asr-001518
00:57:52.400 --> 00:57:52.700
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: natin

asr-001519
00:57:52.700 --> 00:57:53.580
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: including po yung

asr-001520
00:57:53.580 --> 00:57:54.200
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: no return

asr-001521
00:57:54.200 --> 00:57:54.880
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: no exchange

asr-001522
00:57:54.880 --> 00:57:55.180
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: ah

asr-001523
00:57:55.180 --> 00:57:55.640
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: policy

asr-001524
00:57:55.640 --> 00:57:56.860
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: initially

asr-001525
00:57:56.860 --> 00:57:58.320
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: we call on the

asr-001526
00:57:58.320 --> 00:57:59.120
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: respondents po

asr-001527
00:57:59.120 --> 00:57:59.800
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: yung merchants

asr-001528
00:57:59.800 --> 00:58:01.020
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: and then we

asr-001529
00:58:01.020 --> 00:58:01.720
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: we

asr-001530
00:58:01.720 --> 00:58:03.640
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: attempt a mediation

asr-001531
00:58:03.640 --> 00:58:04.540
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: pag hindi po

asr-001532
00:58:04.540 --> 00:58:05.200
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: nagkasundo

asr-001533
00:58:05.200 --> 00:58:06.540
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: and then yung

asr-001534
00:58:06.540 --> 00:58:07.640
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: complainant po natin

asr-001535
00:58:07.640 --> 00:58:08.560
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: eh may basihan

asr-001536
00:58:08.560 --> 00:58:09.900
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: sa kanyang pagre-reklamo

asr-001537
00:58:09.900 --> 00:58:11.020
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: eh natutuloy po yun

asr-001538
00:58:11.020 --> 00:58:12.240
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: sa consumer complaint

asr-001539
00:58:12.240 --> 00:58:14.460
Senator Raffy T. Tulfo: ano nang nangyari

asr-001540
00:58:14.460 --> 00:58:15.260
Senator Raffy T. Tulfo: kapag halimbawa

asr-001541
00:58:15.260 --> 00:58:16.160
Senator Raffy T. Tulfo: nagmatigas yung

asr-001542
00:58:16.160 --> 00:58:17.540
Senator Raffy T. Tulfo: ah

asr-001543
00:58:17.540 --> 00:58:17.780
Senator Raffy T. Tulfo: ah

asr-001544
00:58:17.780 --> 00:58:18.440
Senator Raffy T. Tulfo: nagtitinda

asr-001545
00:58:18.440 --> 00:58:19.740
Senator Raffy T. Tulfo: at ah

asr-001546
00:58:19.740 --> 00:58:20.580
Senator Raffy T. Tulfo: ayaw niya talagang

asr-001547
00:58:20.580 --> 00:58:21.780
Senator Raffy T. Tulfo: papalitan

asr-001548
00:58:21.780 --> 00:58:22.500
Senator Raffy T. Tulfo: yung produkto

asr-001549
00:58:22.500 --> 00:58:22.900
Senator Raffy T. Tulfo: unless

asr-001550
00:58:22.900 --> 00:58:23.900
Senator Raffy T. Tulfo: ayaw niya

asr-001551
00:58:23.900 --> 00:58:24.440
Senator Raffy T. Tulfo: ipalitan

asr-001552
00:58:24.440 --> 00:58:25.340
Senator Raffy T. Tulfo: meaning refund

asr-001553
00:58:25.340 --> 00:58:26.100
Senator Raffy T. Tulfo: para sa akin

asr-001554
00:58:26.100 --> 00:58:26.820
Senator Raffy T. Tulfo: total refund

asr-001555
00:58:26.820 --> 00:58:27.100
Senator Raffy T. Tulfo: kasi

asr-001556
00:58:27.100 --> 00:58:28.300
Senator Raffy T. Tulfo: ah

asr-001557
00:58:28.300 --> 00:58:29.700
Senator Raffy T. Tulfo: defective yung product

asr-001558
00:58:29.700 --> 00:58:30.520
Senator Raffy T. Tulfo: the reason why

asr-001559
00:58:30.520 --> 00:58:31.800
Senator Raffy T. Tulfo: the product is being returned

asr-001560
00:58:31.800 --> 00:58:32.480
Senator Raffy T. Tulfo: eh

asr-001561
00:58:32.480 --> 00:58:33.620
Senator Raffy T. Tulfo: pero itong seller

asr-001562
00:58:33.620 --> 00:58:34.380
Senator Raffy T. Tulfo: eh

asr-001563
00:58:34.380 --> 00:58:35.060
Senator Raffy T. Tulfo: nagmamatigas

asr-001564
00:58:35.060 --> 00:58:35.520
Senator Raffy T. Tulfo: ayaw niyang

asr-001565
00:58:35.520 --> 00:58:37.040
Senator Raffy T. Tulfo: itanggapin

asr-001566
00:58:37.040 --> 00:58:37.680
Senator Raffy T. Tulfo: yung binabalik

asr-001567
00:58:37.680 --> 00:58:38.300
Senator Raffy T. Tulfo: ng consumer

asr-001568
00:58:38.300 --> 00:58:38.720
Senator Raffy T. Tulfo: niya

asr-001569
00:58:38.720 --> 00:58:40.320
Senator Raffy T. Tulfo: ah

asr-001570
00:58:40.320 --> 00:58:41.140
Senator Raffy T. Tulfo: ano yung

asr-001571
00:58:41.140 --> 00:58:42.080
Senator Raffy T. Tulfo: mga hakbang

asr-001572
00:58:42.080 --> 00:58:42.700
Senator Raffy T. Tulfo: o action

asr-001573
00:58:42.700 --> 00:58:43.720
Senator Raffy T. Tulfo: ng

asr-001574
00:58:43.720 --> 00:58:44.980
Senator Raffy T. Tulfo: DTI

asr-001575
00:58:44.980 --> 00:58:45.960
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: meron po tayong

asr-001576
00:58:45.960 --> 00:58:46.440
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: ah

asr-001577
00:58:46.440 --> 00:58:47.640
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: adjudication division

asr-001578
00:58:47.640 --> 00:58:48.920
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: na pinag-aaralan po

asr-001579
00:58:48.920 --> 00:58:49.160
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: yung

asr-001580
00:58:49.160 --> 00:58:50.340
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: basihan ng complaint

asr-001581
00:58:50.340 --> 00:58:51.180
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: at ano po yung

asr-001582
00:58:51.180 --> 00:58:52.380
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: pinakaangkop sa

asr-001583
00:58:52.380 --> 00:58:53.440
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: ah

asr-001584
00:58:53.900 --> 00:58:54.400
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: reklamo

asr-001585
00:58:54.400 --> 00:58:55.580
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: ng consumer

asr-001586
00:58:55.580 --> 00:58:56.820
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: whether to return

asr-001587
00:58:56.820 --> 00:58:57.800
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: refund or

asr-001588
00:58:57.800 --> 00:58:58.360
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: ah

asr-001589
00:58:58.360 --> 00:58:59.320
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: ah

asr-001590
00:58:59.320 --> 00:59:00.080
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: replace

asr-001591
00:59:00.080 --> 00:59:00.920
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: the item

asr-001592
00:59:00.920 --> 00:59:02.340
Senator Raffy T. Tulfo: gaano katagal yung

asr-001593
00:59:02.340 --> 00:59:03.080
Senator Raffy T. Tulfo: proseso

asr-001594
00:59:03.080 --> 00:59:05.140
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: ang average po

asr-001595
00:59:05.140 --> 00:59:05.680
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: natin dyan

asr-001596
00:59:05.680 --> 00:59:06.160
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: around

asr-001597
00:59:06.160 --> 00:59:07.560
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: pag napunta po siya

asr-001598
00:59:07.560 --> 00:59:07.960
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: sa

asr-001599
00:59:07.960 --> 00:59:09.980
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: usually sa mediation po

asr-001600
00:59:09.980 --> 00:59:11.020
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: mga isang buwan lang po

asr-001601
00:59:11.020 --> 00:59:11.940
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: kasi naguusap po

asr-001602
00:59:11.940 --> 00:59:12.640
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: yung party doon

asr-001603
00:59:12.640 --> 00:59:13.800
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: at pinag-aayos po natin

asr-001604
00:59:13.800 --> 00:59:15.060
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: yung kanilang mga reklamo

asr-001605
00:59:15.060 --> 00:59:16.200
Senator Raffy T. Tulfo: so after one month

asr-001606
00:59:16.200 --> 00:59:16.960
Senator Raffy T. Tulfo: hindi nang kasundo

asr-001607
00:59:16.960 --> 00:59:18.140
Senator Raffy T. Tulfo: ano pong sunod na

asr-001608
00:59:18.140 --> 00:59:18.680
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: ah

asr-001609
00:59:18.680 --> 00:59:19.780
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: pag hindi po

asr-001610
00:59:19.780 --> 00:59:20.260
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: nagkasundo

asr-001611
00:59:20.260 --> 00:59:20.960
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: magkakaroon po

asr-001612
00:59:20.960 --> 00:59:21.640
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: ng certificate

asr-001613
00:59:21.640 --> 00:59:22.600
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: to file action

asr-001614
00:59:22.600 --> 00:59:23.820
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: yung consumer po

asr-001615
00:59:23.900 --> 00:59:25.160
Senator Raffy T. Tulfo: so

asr-001616
00:59:25.160 --> 00:59:26.900
Senator Raffy T. Tulfo: sasabihin nyo sa consumer

asr-001617
00:59:26.900 --> 00:59:27.520
Senator Raffy T. Tulfo: bahala ka na

asr-001618
00:59:27.520 --> 00:59:28.320
Senator Raffy T. Tulfo: punta ka na sa korte

asr-001619
00:59:28.320 --> 00:59:29.360
Senator Raffy T. Tulfo: hugas kami kami

asr-001620
00:59:29.360 --> 00:59:30.300
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: yun pong

asr-001621
00:59:30.300 --> 00:59:31.520
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: adjudication is also

asr-001622
00:59:31.520 --> 00:59:32.140
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: within the

asr-001623
00:59:32.140 --> 00:59:32.880
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: DTI po

asr-001624
00:59:32.880 --> 00:59:33.700
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: administrative

asr-001625
00:59:33.700 --> 00:59:35.520
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: adjudication

asr-001626
00:59:35.520 --> 00:59:37.000
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: division po

asr-001627
00:59:37.000 --> 00:59:37.800
Senator Raffy T. Tulfo: wait wait wait

asr-001628
00:59:37.800 --> 00:59:38.800
Senator Raffy T. Tulfo: so sabi nyo

asr-001629
00:59:38.800 --> 00:59:39.420
Senator Raffy T. Tulfo: kung hindi nang kasundo

asr-001630
00:59:39.420 --> 00:59:40.060
Senator Raffy T. Tulfo: within that

asr-001631
00:59:40.060 --> 00:59:41.060
Senator Raffy T. Tulfo: certain period of time

asr-001632
00:59:41.060 --> 00:59:42.320
Senator Raffy T. Tulfo: na pinag-aayos nyo sila

asr-001633
00:59:42.320 --> 00:59:42.960
Senator Raffy T. Tulfo: ah

asr-001634
00:59:42.960 --> 00:59:43.680
Senator Raffy T. Tulfo: bibigyan yung certificate

asr-001635
00:59:43.680 --> 00:59:44.380
Senator Raffy T. Tulfo: to file action

asr-001636
00:59:44.380 --> 00:59:45.220
Senator Raffy T. Tulfo: parang sa barangay

asr-001637
00:59:45.220 --> 00:59:46.280
Senator Raffy T. Tulfo: pumunta ka na sa korte

asr-001638
00:59:46.280 --> 00:59:47.900
Senator Raffy T. Tulfo: ah

asr-001639
00:59:47.900 --> 00:59:48.580
Senator Raffy T. Tulfo: sa inyo pa rin

asr-001640
00:59:48.580 --> 00:59:49.360
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: sa amin po

asr-001641
00:59:49.360 --> 00:59:49.840
Senator Raffy T. Tulfo: okay

asr-001642
00:59:49.840 --> 00:59:50.380
Senator Raffy T. Tulfo: so

asr-001643
00:59:50.380 --> 00:59:53.140
Senator Raffy T. Tulfo: pagdating po sa

asr-001644
00:59:53.140 --> 00:59:53.720
Senator Raffy T. Tulfo: ah

asr-001645
00:59:53.720 --> 00:59:53.820
Senator Raffy T. Tulfo: ah

asr-001646
00:59:53.820 --> 00:59:53.840
Senator Raffy T. Tulfo: ah

asr-001647
00:59:53.840 --> 00:59:53.880
Senator Raffy T. Tulfo: ah

asr-001648
00:59:53.900 --> 00:59:54.520
Senator Raffy T. Tulfo: certificate

asr-001649
00:59:54.520 --> 00:59:55.080
Senator Raffy T. Tulfo: to file action

asr-001650
00:59:55.080 --> 00:59:56.040
Senator Raffy T. Tulfo: at ah

asr-001651
00:59:56.040 --> 00:59:57.040
Senator Raffy T. Tulfo: pina-file po sa

asr-001652
00:59:57.040 --> 00:59:57.720
Senator Raffy T. Tulfo: sa inyo pa rin

asr-001653
00:59:57.720 --> 00:59:58.060
Senator Raffy T. Tulfo: department

asr-001654
00:59:58.060 --> 00:59:58.480
Senator Raffy T. Tulfo: anong tawag

asr-001655
00:59:58.480 --> 00:59:58.900
Senator Raffy T. Tulfo: ng department

asr-001656
00:59:58.900 --> 00:59:59.340
Senator Raffy T. Tulfo: na po yan

asr-001657
00:59:59.700 --> 01:00:00.400
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: Adjudication Division.

asr-001689
01:00:00.700 --> 01:00:02.920
Senator Raffy T. Tulfo: O, sa adjudication, how long would it take again?

asr-001690
01:00:03.440 --> 01:00:05.360
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: Average po natin around 6 months.

asr-001691
01:00:07.440 --> 01:00:09.480
Senator Raffy T. Tulfo: 30 days plus another 6 months.

asr-001692
01:00:09.520 --> 01:00:10.180
Senator Raffy T. Tulfo: 7 months.

asr-001693
01:00:11.800 --> 01:00:12.180
Senator Raffy T. Tulfo: Wow!

asr-001694
01:00:14.140 --> 01:00:15.120
Senator Raffy T. Tulfo: That's crazy.

asr-001695
01:00:15.380 --> 01:00:17.020
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: Or less naman po.

asr-001696
01:00:17.300 --> 01:00:18.220
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: Sinasabi ko lang po.

asr-001697
01:00:18.220 --> 01:00:20.380
Senator Raffy T. Tulfo: Sorry, sorry.

asr-001698
01:00:20.500 --> 01:00:21.020
Senator Raffy T. Tulfo: Init ulo ko.

asr-001699
01:00:21.100 --> 01:00:22.460
Senator Raffy T. Tulfo: Kasi alam mo bakit, Mr. Chair?

asr-001700
01:00:22.940 --> 01:00:25.660
Senator Raffy T. Tulfo: Maraming beses na ako nakakatanggap ng reklamo sa programa ko.

asr-001701
01:00:25.800 --> 01:00:26.680
Senator Raffy T. Tulfo: Yung mga sirang cellphone,

asr-001702
01:00:27.240 --> 01:00:29.220
Senator Raffy T. Tulfo: sirang sasakyan,

asr-001703
01:00:30.000 --> 01:00:31.220
Senator Raffy T. Tulfo: sirang motor,

asr-001704
01:00:32.260 --> 01:00:33.340
Senator Raffy T. Tulfo: sirang electronic,

asr-001705
01:00:33.900 --> 01:00:34.720
Senator Raffy T. Tulfo: computer.

asr-001706
01:00:35.600 --> 01:00:36.860
Senator Raffy T. Tulfo: And then pupunta dito sa DTI,

asr-001707
01:00:37.000 --> 01:00:37.940
Senator Raffy T. Tulfo: inaabot ng taon.

asr-001708
01:00:38.380 --> 01:00:41.220
Senator Raffy T. Tulfo: Hanggang sa magsawa na lang yung consumer,

asr-001709
01:00:41.740 --> 01:00:43.360
Senator Raffy T. Tulfo: umatras na dahil tamad.

asr-001710
01:00:44.880 --> 01:00:48.720
Senator Raffy T. Tulfo: Dito sa in-place na sistema nila,

asr-001711
01:00:48.880 --> 01:00:49.940
Senator Raffy T. Tulfo: napakabagal.

asr-001712
01:00:50.700 --> 01:00:54.700
Senator Raffy T. Tulfo: 30 days muna to file the complaint.

asr-001713
01:00:54.860 --> 01:00:55.100
Senator Raffy T. Tulfo: And then,

asr-001714
01:00:55.640 --> 01:00:56.240
Senator Raffy T. Tulfo: pag hindi na kasundo,

asr-001715
01:00:56.340 --> 01:00:59.260
Senator Raffy T. Tulfo: another 6 months to 7 months.

asr-001716
01:00:59.260 --> 01:00:59.980
Senator Raffy T. Tulfo: So what happened?

asr-001717
01:01:00.080 --> 01:01:00.940
Senator Raffy T. Tulfo: After 6 months?

asr-001718
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.

asr-001719
01:01:10.380 --> 01:01:10.960
Senator Raffy T. Tulfo: Penalty?

asr-001720
01:01:11.220 --> 01:01:11.480
Senator Raffy T. Tulfo: Like?

asr-001721
01:01:13.760 --> 01:01:15.120
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: Administrative penalty po.

asr-001722
01:01:15.680 --> 01:01:17.000
Senator Raffy T. Tulfo: Pwede ba iksik siya nyo naman?

asr-001723
01:01:18.060 --> 01:01:19.320
Senator Raffy T. Tulfo: Grabe naman yung 6 months.

asr-001724
01:01:20.380 --> 01:01:21.060
Senator Raffy T. Tulfo: Asek.

asr-001725
01:01:22.360 --> 01:01:23.600
Senator Raffy T. Tulfo: Parang yung 6 months na yun,

asr-001726
01:01:23.680 --> 01:01:26.800
Senator Raffy T. Tulfo: parang pang tamad na sistema.

asr-001727
01:01:27.500 --> 01:01:29.300
Senator Raffy T. Tulfo: Siguro nung ginawa yung sistema ninyo,

asr-001728
01:01:29.300 --> 01:01:31.060
Senator Raffy T. Tulfo: e tinatamad yung ano nyo,

asr-001729
01:01:31.340 --> 01:01:35.620
Senator Raffy T. Tulfo: yung nag-craft nung polisiyan yung yan.

asr-001730
01:01:36.360 --> 01:01:37.160
Senator Raffy T. Tulfo: That's too long.

asr-001731
01:01:38.000 --> 01:01:39.460
Senator Raffy T. Tulfo: Especially if we're talking about

asr-001732
01:01:39.460 --> 01:01:41.140
Senator Raffy T. Tulfo: malilitang na bagay.

asr-001733
01:01:41.700 --> 01:01:42.620
Senator Raffy T. Tulfo: Cell phone,

asr-001734
01:01:43.120 --> 01:01:43.320
Senator Raffy T. Tulfo: di ba?

asr-001735
01:01:43.920 --> 01:01:45.160
Senator Raffy T. Tulfo: O computer.

asr-001736
01:01:47.720 --> 01:01:48.520
Senator Paolo Benigno "Bam" Aquino IV: Asek,

asr-001737
01:01:48.940 --> 01:01:49.920
Senator Paolo Benigno "Bam" Aquino IV: in practice,

asr-001738
01:01:51.100 --> 01:01:52.620
Senator Paolo Benigno "Bam" Aquino IV: in practice,

asr-001739
01:01:52.820 --> 01:01:54.380
Senator Paolo Benigno "Bam" Aquino IV: how many of these complaints,

asr-001740
01:01:54.900 --> 01:01:56.320
Senator Paolo Benigno "Bam" Aquino IV: kasi maraming levels yan, di ba?

asr-001741
01:01:57.120 --> 01:01:58.300
Senator Paolo Benigno "Bam" Aquino IV: Yung agad-agad na didispose.

asr-001742
01:01:58.300 --> 01:01:59.140
Senator Paolo Benigno "Bam" Aquino IV: Na didispose.

asr-001743
01:01:59.300 --> 01:02:00.880
Senator Paolo Benigno "Bam" Aquino IV: Anong porsyente yun kaagad?

asr-001744
01:02:03.900 --> 01:02:04.660
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: Ito po, ano.

asr-001745
01:02:05.200 --> 01:02:07.040
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: If I may just give an overview.

asr-001746
01:02:08.320 --> 01:02:09.920
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: Last 2025 po,

asr-001747
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.

asr-001748
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.

asr-001749
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.

asr-001750
01:02:20.740 --> 01:02:23.140
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: If sa adjudication lang po.

asr-001751
01:02:23.500 --> 01:02:23.940
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: Teka, time.

asr-001752
01:02:24.300 --> 01:02:25.400
Senator Paolo Benigno "Bam" Aquino IV: So, mediation,

asr-001753
01:02:25.400 --> 01:02:29.140
Senator Paolo Benigno "Bam" Aquino IV: how many of that 42,000 gets settled at that,

asr-001754
01:02:29.140 --> 01:02:31.140
Senator Paolo Benigno "Bam" Aquino IV: at first phase?

asr-001755
01:02:36.140 --> 01:02:39.140
Senator Paolo Benigno "Bam" Aquino IV: Huwag naman sana lahat ng 42,000 aabot ng taon.

asr-001756
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.

asr-001757
01:02:41.840 --> 01:02:42.340
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: Opo.

asr-001758
01:02:42.340 --> 01:02:43.340
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: Hindi naman po.

asr-001759
01:02:43.340 --> 01:02:45.340
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: In fact,

asr-001760
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.

asr-001761
01:02:52.140 --> 01:02:53.140
Senator Paolo Benigno "Bam" Aquino IV: Can you give us the numbers?

asr-001762
01:02:53.140 --> 01:02:55.140
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: We will submit your honor.

asr-001763
01:02:55.140 --> 01:02:58.140
Senator Paolo Benigno "Bam" Aquino IV: In your experience, 50%, 60%?

asr-001764
01:02:59.140 --> 01:03:01.140
Senator Paolo Benigno "Bam" Aquino IV: Yung data ninyo.

asr-001765
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?

asr-001766
01:03:04.140 --> 01:03:05.140
Senator Paolo Benigno "Bam" Aquino IV: How many get settled?

asr-001767
01:03:05.140 --> 01:03:08.140
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: Around 70 to 80% po get settled.

asr-001768
01:03:08.140 --> 01:03:09.140
Senator Paolo Benigno "Bam" Aquino IV: Within the first 10 days?

asr-001769
01:03:09.140 --> 01:03:10.140
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: Opo.

asr-001770
01:03:10.140 --> 01:03:10.640
Senator Paolo Benigno "Bam" Aquino IV: Tama ba yun?

asr-001771
01:03:10.640 --> 01:03:11.140
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: Opo.

asr-001772
01:03:11.140 --> 01:03:14.140
Senator Paolo Benigno "Bam" Aquino IV: Kasi usually, kakausapin nyo nalang yung business, sabihin nyo,

asr-001773
01:03:14.140 --> 01:03:16.140
Senator Paolo Benigno "Bam" Aquino IV: uy, balik nyo nalang yan.

asr-001774
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?

asr-001775
01:03:20.140 --> 01:03:21.140
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: Hindi po.

asr-001776
01:03:21.140 --> 01:03:23.140
Senator Paolo Benigno "Bam" Aquino IV: You help us, Asec.

asr-001777
01:03:23.140 --> 01:03:25.140
Senator Raffy T. Tulfo: Bigay mo sa amin yung metrics nyo.

asr-001778
01:03:25.140 --> 01:03:27.140
Senator Raffy T. Tulfo: Yung 30%, kasi sabi nyo 70 to 80.

asr-001779
01:03:27.140 --> 01:03:28.140
Senator Raffy T. Tulfo: So, yung 30 to 20%.

asr-001780
01:03:28.140 --> 01:03:32.140
Senator Raffy T. Tulfo: So, maghihintay sila ng 6 months.

asr-001781
01:03:32.140 --> 01:03:36.140
Senator Raffy T. Tulfo: So, ang tanong nga, kung susugan ko yung tanong ni Chairman.

asr-001782
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?

asr-001783
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.

asr-001784
01:04:11.140 --> 01:04:13.140
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: Pag consumer complaints.

asr-001785
01:04:13.140 --> 01:04:14.140
Senator Raffy T. Tulfo: Sa NCR?

asr-001786
01:04:14.140 --> 01:04:15.140
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: Opo.

asr-001787
01:04:15.140 --> 01:04:16.140
Senator Raffy T. Tulfo: At 100%?

asr-001788
01:04:16.140 --> 01:04:17.140
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: Opo.

asr-001789
01:04:17.140 --> 01:04:20.140
Senator Raffy T. Tulfo: Okay. Sa lahat ng klaseng produkto, regardless?

asr-001790
01:04:20.140 --> 01:04:22.140
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: Yes, Your Honor.

asr-001791
01:04:22.140 --> 01:04:24.140
Senator Raffy T. Tulfo: Does that include cars?

asr-001792
01:04:24.140 --> 01:04:26.140
Senator Raffy T. Tulfo: I don't think so.

asr-001793
01:04:26.140 --> 01:04:27.140
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: Yes, Your Honor.

asr-001794
01:04:27.140 --> 01:04:28.140
Senator Raffy T. Tulfo: No?

asr-001795
01:04:28.140 --> 01:04:29.140
Senator Raffy T. Tulfo: Okay.

asr-001796
01:04:29.140 --> 01:04:30.140
Senator Raffy T. Tulfo: Pabalikan kita.

asr-001797
01:04:30.140 --> 01:04:32.140
Senator Raffy T. Tulfo: Bibigyan kita ng listahan ng mga pumunta sa akin.

asr-001798
01:04:32.140 --> 01:04:33.140
Senator Raffy T. Tulfo: Sira-sira ang mga sasakyan.

asr-001799
01:04:33.140 --> 01:04:35.140
Senator Raffy T. Tulfo: And then, ibinabalik sa bagay.

asr-001800
01:04:35.140 --> 01:04:36.140
Senator Raffy T. Tulfo: High-end na.

asr-001801
01:04:36.140 --> 01:04:37.140
Senator Raffy T. Tulfo: May mga BMW pa nga.

asr-001802
01:04:37.140 --> 01:04:39.140
Senator Raffy T. Tulfo: May mga Toyota Corolla.

asr-001803
01:04:39.140 --> 01:04:40.140
Senator Raffy T. Tulfo: Ay, Toyota.

asr-001804
01:04:40.140 --> 01:04:43.140
Senator Raffy T. Tulfo: Meron Nissan na isusuli dahil sira talaga.

asr-001805
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.

asr-001806
01:04:50.140 --> 01:04:53.140
Senator Raffy T. Tulfo: Pero matigas pa rin yung seller.

asr-001807
01:04:53.140 --> 01:04:54.140
Senator Raffy T. Tulfo: Don't tell me at 100%.

asr-001808
01:04:54.140 --> 01:04:56.140
Senator Raffy T. Tulfo: No, you're lying.

asr-001809
01:04:56.140 --> 01:04:57.140
Senator Raffy T. Tulfo: Because I can get back to you.

asr-001810
01:04:57.140 --> 01:05:00.140
Senator Raffy T. Tulfo: And to show you proof na hindi 100%.

asr-001811
01:05:00.140 --> 01:05:02.140
Senator Raffy T. Tulfo: Don't say 100%.

asr-001812
01:05:02.140 --> 01:05:04.140
Senator Raffy T. Tulfo: Unless you're certain.

asr-001813
01:05:04.140 --> 01:05:06.140
Senator Raffy T. Tulfo: Naka-out ba ito?

asr-001814
01:05:06.140 --> 01:05:08.140
Senator Raffy T. Tulfo: Ipa-out ka yan muna natin.

asr-001815
01:05:08.140 --> 01:05:10.140
Senator Paolo Benigno "Bam" Aquino IV: Pakisagot, Asec, please.

asr-001816
01:05:12.140 --> 01:05:15.140
DTI Assistant Secretary Atty. Regino D. Mallari Jr.: Upon clarification, Your Honor, hindi po settled.

asr-001817
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.

asr-001818
01:05:23.140 --> 01:05:24.140
Senator Raffy T. Tulfo: So, hindi 100%.

asr-001819
01:05:24.140 --> 01:05:25.140
Senator Raffy T. Tulfo: Yun yung ayaw ko.

asr-001820
01:05:25.140 --> 01:05:26.140
Senator Raffy T. Tulfo: Kasi sasabihin mo 100%.

asr-001821
01:05:26.140 --> 01:05:27.140
Senator Raffy T. Tulfo: Kasi sasabihin mo 100%.

asr-001822
01:05:27.140 --> 01:05:29.140
Senator Raffy T. Tulfo: Eh, talagang babalikan kita.

asr-001823
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.

asr-001824
01:05:35.140 --> 01:05:36.140
Senator Raffy T. Tulfo: Diba?

asr-001825
01:05:36.140 --> 01:05:39.140
Senator Raffy T. Tulfo: And ako naman tumatawag sa inyo every time.

asr-001826
01:05:39.140 --> 01:05:41.140
Senator Raffy T. Tulfo: So, yun po yung dapat ang sinasabi ko ngayon.

asr-001827
01:05:41.140 --> 01:05:43.140
Senator Raffy T. Tulfo: That's why we're here.

asr-001828
01:05:43.140 --> 01:05:52.140
Senator Raffy T. Tulfo: Mag-come up kayo ng sistema na para mapaiksi naman yung adjudication.

asr-001829
01:05:52.140 --> 01:05:53.140
Senator Raffy T. Tulfo: Huwag naman six months.

asr-001830
01:05:53.140 --> 01:05:54.140
Senator Raffy T. Tulfo: And then, after six months, kung hindi pa na-settle,

asr-001831
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.

asr-001832
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.

asr-001833
01:06:07.140 --> 01:06:08.140
Senator Raffy T. Tulfo: Diba?

asr-001834
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?

asr-001835
01:06:11.140 --> 01:06:13.140
Senator Raffy T. Tulfo: They're not gonna waste their time to complain.

asr-001836
01:06:13.140 --> 01:06:14.140
Senator Raffy T. Tulfo: Diba?

asr-001837
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.

asr-001838
01:06:18.140 --> 01:06:21.140
Senator Raffy T. Tulfo: Yun lang po yung sa akin, Madam Secretary.

asr-001839
01:06:21.140 --> 01:06:22.140
Senator Raffy T. Tulfo: Okay?

asr-001840
01:06:22.140 --> 01:06:23.140
Senator Paolo Benigno "Bam" Aquino IV: Secretary, you want to say something?

asr-001841
01:06:23.140 --> 01:06:26.140
Senator Paolo Benigno "Bam" Aquino IV: Secretary, you want to respond to Senator Tulfo?

asr-001842
01:06:26.140 --> 01:06:29.140
DTI Secretary Maria Cristina Aldeguer-Roque: Actually, that's part of our asks here.

asr-001843
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.

asr-001844
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.

asr-001845
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.

asr-001846
01:06:47.140 --> 01:06:50.140
DTI Secretary Maria Cristina Aldeguer-Roque: So, and then, there's like a non-stop complaining.

asr-001847
01:06:50.140 --> 01:06:52.140
DTI Secretary Maria Cristina Aldeguer-Roque: Pero yung number ng tao po namin, ganun pa rin.

asr-001848
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.

asr-001849
01:06:58.140 --> 01:07:00.140
DTI Secretary Maria Cristina Aldeguer-Roque: So, that's part of my presentation.

asr-001850
01:07:00.140 --> 01:07:04.140
Senator Raffy T. Tulfo: Mr. Chair, with that, I fully support ang budget ng DTI.

asr-001851
01:07:04.140 --> 01:07:05.140
Senator Raffy T. Tulfo: Alang-alang sa mga consumer.

asr-001852
01:07:05.140 --> 01:07:07.140
Senator Paolo Benigno "Bam" Aquino IV: Okay, salamat, Senator.

asr-001853
01:07:07.140 --> 01:07:08.140
Senator Paolo Benigno "Bam" Aquino IV: Thank you, Senator.

asr-001854
01:07:08.140 --> 01:07:09.140
Senator Paolo Benigno "Bam" Aquino IV: Okay.

asr-001855
01:07:11.140 --> 01:07:13.140
Senator Paolo Benigno "Bam" Aquino IV: Lalakas ng palakpak, Senator, oh.

asr-001856
01:07:13.140 --> 01:07:14.140
Senator Paolo Benigno "Bam" Aquino IV: Lalakas ng palakpak.

asr-001857
01:07:14.140 --> 01:07:15.140
Senator Paolo Benigno "Bam" Aquino IV: Okay.

asr-001858
01:07:16.140 --> 01:07:18.140
Senator Paolo Benigno "Bam" Aquino IV: Secretary, I'm gonna put you on the spot.

asr-001859
01:07:18.140 --> 01:07:19.140
Senator Paolo Benigno "Bam" Aquino IV: Yung Trustmark.

asr-001860
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.

asr-001861
01:07:21.140 --> 01:07:24.140
Senator Paolo Benigno "Bam" Aquino IV: I also had some comments about the Trustmark previously.

asr-001862
01:07:25.140 --> 01:07:28.140
Senator Paolo Benigno "Bam" Aquino IV: We don't want to create another layer.

asr-001863
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,

asr-001864
01:07:32.140 --> 01:07:35.140
Senator Paolo Benigno "Bam" Aquino IV: is huwag na siyang mandatory for the small.

asr-001865
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,

asr-001866
01:07:39.140 --> 01:07:41.140
Senator Paolo Benigno "Bam" Aquino IV: kayang-kaya nila yung 1,000 pesos.

asr-001867
01:07:41.140 --> 01:07:43.140
Senator Paolo Benigno "Bam" Aquino IV: But ang worry namin is para sa small,

asr-001868
01:07:43.140 --> 01:07:45.140
Senator Paolo Benigno "Bam" Aquino IV: firstly, it's an extra expense.

asr-001869
01:07:45.140 --> 01:07:47.140
Senator Paolo Benigno "Bam" Aquino IV: And secondly, it's an extra step.

asr-001870
01:07:47.140 --> 01:07:49.140
Senator Paolo Benigno "Bam" Aquino IV: Eh, gusto nga natin bawasan yung mga steps

asr-001871
01:07:49.140 --> 01:07:51.140
Senator Paolo Benigno "Bam" Aquino IV: para mas madali magdegosyo.

asr-001872
01:07:51.140 --> 01:07:54.140
Senator Paolo Benigno "Bam" Aquino IV: Eventually, I think people will understand that

asr-001873
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.

asr-001874
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?

asr-001875
01:08:01.140 --> 01:08:04.140
Senator Paolo Benigno "Bam" Aquino IV: It's already the purview of the buyer.

asr-001876
01:08:04.140 --> 01:08:05.140
Senator Paolo Benigno "Bam" Aquino IV: Tama ba? Tama ba yung Latin ko?

asr-001877
01:08:05.140 --> 01:08:06.140
Senator Paolo Benigno "Bam" Aquino IV: Caveat emptor, tama diba?

asr-001878
01:08:06.140 --> 01:08:08.140
Senator Paolo Benigno "Bam" Aquino IV: Bahala na yung buyer.

asr-001879
01:08:08.140 --> 01:08:14.140
Senator Paolo Benigno "Bam" Aquino IV: So, when will you release the DO?

asr-001880
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.

asr-001881
01:08:18.140 --> 01:08:21.140
Senator Paolo Benigno "Bam" Aquino IV: I hope by the time we get to plenary,

asr-001882
01:08:21.140 --> 01:08:24.140
Senator Paolo Benigno "Bam" Aquino IV: there's already more visibility

asr-001883
01:08:24.140 --> 01:08:27.140
Senator Paolo Benigno "Bam" Aquino IV: that we won't make it mandatory anymore

asr-001884
01:08:27.140 --> 01:08:29.140
Senator Paolo Benigno "Bam" Aquino IV: for the small and the micro.

asr-001885
01:08:29.140 --> 01:08:31.140
Senator Paolo Benigno "Bam" Aquino IV: That's our suggestion, Secretary.

asr-001886
01:08:31.140 --> 01:08:33.140
Senator Paolo Benigno "Bam" Aquino IV: So, pag nagkita tayo sa plenary,

asr-001887
01:08:33.140 --> 01:08:35.140
Senator Paolo Benigno "Bam" Aquino IV: I hope we can resolve that already.

asr-001888
01:08:38.140 --> 01:08:40.140
Senator Paolo Benigno "Bam" Aquino IV: The more steps kasi we have,

asr-001889
01:08:40.140 --> 01:08:42.140
Senator Paolo Benigno "Bam" Aquino IV: it's really going to be difficult.

asr-001890
01:08:42.140 --> 01:08:45.140
Senator Paolo Benigno "Bam" Aquino IV: Plus, ito magiging problema ni ASEC.

asr-001891
01:08:45.140 --> 01:08:49.140
Senator Paolo Benigno "Bam" Aquino IV: Let's say, bumili ako ng Trustmark.

asr-001892
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,

asr-001893
01:08:53.140 --> 01:08:55.140
Senator Paolo Benigno "Bam" Aquino IV: ay katiwa-tiwala na yung produktong yan.

asr-001894
01:08:55.140 --> 01:08:59.140
Senator Paolo Benigno "Bam" Aquino IV: Kailangan malinaw na malinaw na pag may Trustmark ako,

asr-001895
01:08:59.140 --> 01:09:04.140
Senator Paolo Benigno "Bam" Aquino IV: that it's really above the rest of the market.

asr-001896
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?

asr-001897
01:09:06.140 --> 01:09:08.140
Senator Paolo Benigno "Bam" Aquino IV: So, may ano rin yan.

asr-001898
01:09:08.140 --> 01:09:11.140
Senator Paolo Benigno "Bam" Aquino IV: May possible pitfall rin yun yung pagkakaroon ng Trustmark.

asr-001899
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.

asr-001900
01:09:15.140 --> 01:09:17.140
Senator Paolo Benigno "Bam" Aquino IV: Pero kung yung small, papatrustmark ninyo,

asr-001901
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?

asr-001902
01:09:23.140 --> 01:09:26.140
Senator Paolo Benigno "Bam" Aquino IV: So, that's just some possible pitfalls moving forward.

asr-001903
01:09:26.140 --> 01:09:29.140
Senator Paolo Benigno "Bam" Aquino IV: So, I would suggest, bigyan nyo ng Trustmark,

asr-001904
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,

asr-001905
01:09:35.140 --> 01:09:37.140
Senator Paolo Benigno "Bam" Aquino IV: hindi nito masisira at lahat-lahat.

asr-001906
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,

asr-001907
01:09:43.140 --> 01:09:44.140
Senator Paolo Benigno "Bam" Aquino IV: then why not?

asr-001908
01:09:44.140 --> 01:09:49.140
Senator Paolo Benigno "Bam" Aquino IV: Pero for the small, yung mga produktong nabibili natin,

asr-001909
01:09:49.140 --> 01:09:52.140
Senator Paolo Benigno "Bam" Aquino IV: parang almost impulse purchase na yung mga yan,

asr-001910
01:09:52.140 --> 01:09:54.140
Senator Paolo Benigno "Bam" Aquino IV: I would tread carefully.

asr-001911
01:09:54.140 --> 01:09:56.140
Senator Paolo Benigno "Bam" Aquino IV: Kasi once you have that Trustmark,

asr-001912
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.

asr-001913
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,

asr-001914
01:10:06.140 --> 01:10:09.140
Senator Paolo Benigno "Bam" Aquino IV: parang hindi talaga siya nagmamatch.

asr-001915
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.

asr-001916
01:10:11.140 --> 01:10:12.140
Senator Paolo Benigno "Bam" Aquino IV: Ang suggestion ko is,

asr-001917
01:10:12.140 --> 01:10:14.140
Senator Paolo Benigno "Bam" Aquino IV: maganda na yung direction,

asr-001918
01:10:14.140 --> 01:10:16.140
Senator Paolo Benigno "Bam" Aquino IV: keep it to the bigger businesses,

asr-001919
01:10:16.140 --> 01:10:18.140
Senator Paolo Benigno "Bam" Aquino IV: and then yung mga smaller businesses,

asr-001920
01:10:18.140 --> 01:10:20.140
Senator Paolo Benigno "Bam" Aquino IV: let it be voluntary on their part.

asr-001921
01:10:20.140 --> 01:10:22.140
Senator Paolo Benigno "Bam" Aquino IV: Do you want to respond, Sir Asec?

asr-001922
01:10:22.140 --> 01:10:25.140
Senator Paolo Benigno "Bam" Aquino IV: Baka may mga blind spot kami hindi nakikita.

asr-001923
01:10:25.140 --> 01:10:26.140
Senator Paolo Benigno "Bam" Aquino IV: Go ahead.

asr-001924
01:10:26.140 --> 01:10:28.140
DTI Secretary Maria Cristina Aldeguer-Roque: Tama po yun, Senator.

asr-001925
01:10:28.140 --> 01:10:30.140
DTI Secretary Maria Cristina Aldeguer-Roque: We will comply with that.

asr-001926
01:10:30.140 --> 01:10:33.140
DTI Secretary Maria Cristina Aldeguer-Roque: I totally agree with you on this.

asr-001927
01:10:33.140 --> 01:10:34.140
DTI Secretary Maria Cristina Aldeguer-Roque: Salamat.

asr-001928
01:10:34.140 --> 01:10:36.140
Senator Paolo Benigno "Bam" Aquino IV: Sir, you want to respond?

asr-001929
01:10:36.140 --> 01:10:37.140
Senator Paolo Benigno "Bam" Aquino IV: Yun na yun?

asr-001930
01:10:37.140 --> 01:10:38.140
Senator Paolo Benigno "Bam" Aquino IV: Yun na yun?

asr-001931
01:10:38.140 --> 01:10:39.140
Senator Paolo Benigno "Bam" Aquino IV: Okay, sige.

asr-001932
01:10:39.140 --> 01:10:40.140
Senator Paolo Benigno "Bam" Aquino IV: So, let's begin.

asr-001933
01:10:40.140 --> 01:10:41.140
Senator Paolo Benigno "Bam" Aquino IV: Secretary, you have the floor.

asr-001934
01:10:41.140 --> 01:10:45.140
Senator Paolo Benigno "Bam" Aquino IV: Hopefully, we can keep it to maybe 15 minutes, no?

asr-001935
01:10:45.140 --> 01:10:46.140
Senator Paolo Benigno "Bam" Aquino IV: Yeah.

asr-001936
01:10:46.140 --> 01:10:50.140
DTI Secretary Maria Cristina Aldeguer-Roque: Good afternoon, Mr. Chair and members of the committee.

asr-001937
01:10:50.140 --> 01:10:53.140
DTI Secretary Maria Cristina Aldeguer-Roque: For fiscal year 2027,

asr-001938
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,

asr-001939
01:10:59.140 --> 01:11:03.140
DTI Secretary Maria Cristina Aldeguer-Roque: composed of 7 billion for DTI, OSEC,

asr-001940
01:11:03.140 --> 01:11:07.140
DTI Secretary Maria Cristina Aldeguer-Roque: and 2.131 billion for attached agencies,

asr-001941
01:11:07.140 --> 01:11:13.140
DTI Secretary Maria Cristina Aldeguer-Roque: and 1.7363 billion for attached corporations.

asr-001942
01:11:13.140 --> 01:11:16.140
DTI Secretary Maria Cristina Aldeguer-Roque: This budget supports DTI's priorities.

asr-001943
01:11:16.140 --> 01:11:18.140
DTI Secretary Maria Cristina Aldeguer-Roque: So, we have three priorities.

asr-001944
01:11:18.140 --> 01:11:20.140
DTI Secretary Maria Cristina Aldeguer-Roque: Expand foreign trade and investments,

asr-001945
01:11:20.140 --> 01:11:23.140
DTI Secretary Maria Cristina Aldeguer-Roque: protect consumers and ensure fair trade,

asr-001946
01:11:23.140 --> 01:11:27.140
DTI Secretary Maria Cristina Aldeguer-Roque: and develop competitive MSMEs and local industries.

asr-001947
01:11:27.140 --> 01:11:33.140
DTI Secretary Maria Cristina Aldeguer-Roque: For the performance for 2025 and fiscal year 2026,

asr-001948
01:11:33.140 --> 01:11:35.140
DTI Secretary Maria Cristina Aldeguer-Roque: first semester,

asr-001949
01:11:35.140 --> 01:11:36.140
DTI Secretary Maria Cristina Aldeguer-Roque: DTI…

asr-001950
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.

asr-001951
01:11:40.140 --> 01:11:42.140
DTI Secretary Maria Cristina Aldeguer-Roque: First, on trade and investments,

asr-001952
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,

asr-001953
01:11:49.140 --> 01:11:53.140
DTI Secretary Maria Cristina Aldeguer-Roque: composed of 84.44 billion in goods export

asr-001954
01:11:53.140 --> 01:11:59.140
DTI Secretary Maria Cristina Aldeguer-Roque: and 51.49 billion U.S. dollars in services exports.

asr-001955
01:11:59.140 --> 01:12:00.140
DTI Secretary Maria Cristina Aldeguer-Roque: For 2026,

asr-001956
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,

asr-001957
01:12:06.140 --> 01:12:08.140
DTI Secretary Maria Cristina Aldeguer-Roque: as of July 2026,

asr-001958
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.

asr-001959
01:12:14.140 --> 01:12:20.140
DTI Secretary Maria Cristina Aldeguer-Roque: In 2025, Philippine exports reached all-time high, 15.4%.

asr-001960
01:12:20.140 --> 01:12:23.140
DTI Secretary Maria Cristina Aldeguer-Roque: We carried this momentum straight in 2026

asr-001961
01:12:23.140 --> 01:12:27.140
DTI Secretary Maria Cristina Aldeguer-Roque: with monthly exports growing at January 8.7,

asr-001962
01:12:27.140 --> 01:12:29.140
DTI Secretary Maria Cristina Aldeguer-Roque: February 8.9%,

asr-001963
01:12:29.140 --> 01:12:31.140
DTI Secretary Maria Cristina Aldeguer-Roque: March 20.4%,

asr-001964
01:12:31.140 --> 01:12:33.140
DTI Secretary Maria Cristina Aldeguer-Roque: April 7.2%,

asr-001965
01:12:33.140 --> 01:12:35.140
DTI Secretary Maria Cristina Aldeguer-Roque: May 7.6,

asr-001966
01:12:35.140 --> 01:12:37.140
DTI Secretary Maria Cristina Aldeguer-Roque: June 24.1,

asr-001967
01:12:37.140 --> 01:12:38.140
DTI Secretary Maria Cristina Aldeguer-Roque: July 10.8,

asr-001968
01:12:38.140 --> 01:12:39.140
DTI Secretary Maria Cristina Aldeguer-Roque: and August is up,

asr-001969
01:12:39.140 --> 01:12:43.140
DTI Secretary Maria Cristina Aldeguer-Roque: but PCA will announce tomorrow the exact figure.

asr-001970
01:12:43.140 --> 01:12:47.140
DTI Secretary Maria Cristina Aldeguer-Roque: Semiconductors, electronic, automotive parts, and minerals

asr-001971
01:12:47.140 --> 01:12:50.140
DTI Secretary Maria Cristina Aldeguer-Roque: continue to account for a significant share of our exports,

asr-001972
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,

asr-001973
01:12:54.140 --> 01:12:58.140
DTI Secretary Maria Cristina Aldeguer-Roque: particularly coconut, banana, pineapples, ube, and calamansi.

asr-001974
01:12:58.140 --> 01:13:02.140
DTI Secretary Maria Cristina Aldeguer-Roque: But we are pushing also for bamboo.

asr-001975
01:13:02.140 --> 01:13:03.140
DTI Secretary Maria Cristina Aldeguer-Roque: Just this year,

asr-001976
01:13:03.140 --> 01:13:04.140
DTI Secretary Maria Cristina Aldeguer-Roque: we also sent our first shipments

asr-001977
01:13:04.140 --> 01:13:08.140
DTI Secretary Maria Cristina Aldeguer-Roque: of fresh mangoes to Canada.

asr-001978
01:13:08.140 --> 01:13:11.140
DTI Secretary Maria Cristina Aldeguer-Roque: 400 kilos we started a month ago,

asr-001979
01:13:11.140 --> 01:13:13.140
DTI Secretary Maria Cristina Aldeguer-Roque: and then last two weeks,

asr-001980
01:13:13.140 --> 01:13:17.140
DTI Secretary Maria Cristina Aldeguer-Roque: we shipped also one metric tons of fresh mangoes,

asr-001981
01:13:17.140 --> 01:13:19.140
DTI Secretary Maria Cristina Aldeguer-Roque: and then we'll see how it goes.

asr-001982
01:13:19.140 --> 01:13:23.140
DTI Secretary Maria Cristina Aldeguer-Roque: We also shipped 150 kilos to Brussels, Europe,

asr-001983
01:13:23.140 --> 01:13:27.140
DTI Secretary Maria Cristina Aldeguer-Roque: and now we have an inquiry from UAE

asr-001984
01:13:27.140 --> 01:13:31.140
DTI Secretary Maria Cristina Aldeguer-Roque: for two metric tons of fresh mangoes.

asr-001985
01:13:31.140 --> 01:13:33.140
DTI Secretary Maria Cristina Aldeguer-Roque: So again, durian mangosteen also to Canada,

asr-001986
01:13:33.140 --> 01:13:35.140
DTI Secretary Maria Cristina Aldeguer-Roque: and we also had it.

asr-001987
01:13:35.140 --> 01:13:39.140
DTI Secretary Maria Cristina Aldeguer-Roque: Then the success of our exporters creates opportunities

asr-001988
01:13:39.140 --> 01:13:41.140
DTI Secretary Maria Cristina Aldeguer-Roque: and income for farmers,

asr-001989
01:13:41.140 --> 01:13:43.140
DTI Secretary Maria Cristina Aldeguer-Roque: creates jobs in rural communities,

asr-001990
01:13:43.140 --> 01:13:47.140
DTI Secretary Maria Cristina Aldeguer-Roque: and strengthens local supply chains across the country.

asr-001991
01:13:47.140 --> 01:13:48.140
DTI Secretary Maria Cristina Aldeguer-Roque: For example,

asr-001992
01:13:48.140 --> 01:13:51.140
DTI Secretary Maria Cristina Aldeguer-Roque: one exporter supported by DTI

asr-001993
01:13:51.140 --> 01:13:55.140
DTI Secretary Maria Cristina Aldeguer-Roque: has expanded the business from 2023 to last year

asr-001994
01:13:55.140 --> 01:13:58.140
DTI Secretary Maria Cristina Aldeguer-Roque: by times four during this administration.

asr-001995
01:13:58.140 --> 01:14:00.140
DTI Secretary Maria Cristina Aldeguer-Roque: So to meet the growing demand,

asr-001996
01:14:00.140 --> 01:14:03.140
DTI Secretary Maria Cristina Aldeguer-Roque: the company sources an average of 600 metric tons

asr-001997
01:14:03.140 --> 01:14:06.140
DTI Secretary Maria Cristina Aldeguer-Roque: of agriculture imports per month

asr-001998
01:14:06.140 --> 01:14:08.140
DTI Secretary Maria Cristina Aldeguer-Roque: from farmers and communities,

asr-001999
01:14:08.140 --> 01:14:10.140
DTI Secretary Maria Cristina Aldeguer-Roque: and they deliver on a daily basis

asr-002000
01:14:10.140 --> 01:14:12.140
DTI Secretary Maria Cristina Aldeguer-Roque: these small enterprises.

asr-002001
01:14:12.140 --> 01:14:15.140
DTI Secretary Maria Cristina Aldeguer-Roque: So we encourage the small enterprises

asr-002002
01:14:15.140 --> 01:14:17.140
DTI Secretary Maria Cristina Aldeguer-Roque: to supply the exporters

asr-002003
01:14:17.140 --> 01:14:21.140
DTI Secretary Maria Cristina Aldeguer-Roque: so that they can actually move their products also.

asr-002004
01:14:21.140 --> 01:14:23.140
DTI Secretary Maria Cristina Aldeguer-Roque: And since ang produce nila maliit lang,

asr-002005
01:14:23.140 --> 01:14:25.140
DTI Secretary Maria Cristina Aldeguer-Roque: they can supply on a daily basis,

asr-002006
01:14:25.140 --> 01:14:28.140
DTI Secretary Maria Cristina Aldeguer-Roque: which is fine for a lot of these exporters.

asr-002007
01:14:28.140 --> 01:14:31.140
DTI Secretary Maria Cristina Aldeguer-Roque: We will continue to open doors for exporters.

asr-002008
01:14:31.140 --> 01:14:32.140
DTI Secretary Maria Cristina Aldeguer-Roque: Under this administration,

asr-002009
01:14:32.140 --> 01:14:37.140
DTI Secretary Maria Cristina Aldeguer-Roque: is set to make history and 23 free trade agreements.

asr-002010
01:14:37.140 --> 01:14:38.140
DTI Secretary Maria Cristina Aldeguer-Roque: This year alone,

asr-002011
01:14:38.140 --> 01:14:41.140
DTI Secretary Maria Cristina Aldeguer-Roque: we will hope to conclude the JPEPA,

asr-002012
01:14:41.140 --> 01:14:43.140
DTI Secretary Maria Cristina Aldeguer-Roque: and we have also seen the conclusion

asr-002013
01:14:43.140 --> 01:14:44.140
DTI Secretary Maria Cristina Aldeguer-Roque: in the European,

asr-002014
01:14:44.140 --> 01:14:46.140
DTI Secretary Maria Cristina Aldeguer-Roque: Philippine-European FTA.

asr-002015
01:14:46.140 --> 01:14:49.140
DTI Secretary Maria Cristina Aldeguer-Roque: We signed the Philippine-Chile FTA

asr-002016
01:14:49.140 --> 01:14:51.140
DTI Secretary Maria Cristina Aldeguer-Roque: that will open the South America market.

asr-002017
01:14:51.140 --> 01:14:55.140
DTI Secretary Maria Cristina Aldeguer-Roque: Then we also have the ASEAN trade in goods agreement.

asr-002018
01:14:55.140 --> 01:14:58.140
DTI Secretary Maria Cristina Aldeguer-Roque: So there are a lot of FTAs in place,

asr-002019
01:14:58.140 --> 01:15:00.000
DTI Secretary Maria Cristina Aldeguer-Roque: but we will end by

asr-002020
01:15:00.000 --> 01:15:02.500
DTI Secretary Maria Cristina Aldeguer-Roque: 23 by this year

asr-002021
01:15:02.500 --> 01:15:03.460
DTI Secretary Maria Cristina Aldeguer-Roque: concluded.

asr-002022
01:15:04.260 --> 01:15:06.580
DTI Secretary Maria Cristina Aldeguer-Roque: Aside from market access, our exporters

asr-002023
01:15:06.580 --> 01:15:08.360
DTI Secretary Maria Cristina Aldeguer-Roque: must still connect with buyers,

asr-002024
01:15:08.540 --> 01:15:10.460
DTI Secretary Maria Cristina Aldeguer-Roque: showcase their products, and secure orders.

asr-002025
01:15:10.960 --> 01:15:12.460
DTI Secretary Maria Cristina Aldeguer-Roque: We are proposing an

asr-002026
01:15:12.460 --> 01:15:14.340
DTI Secretary Maria Cristina Aldeguer-Roque: additional budget of 100 million

asr-002027
01:15:14.340 --> 01:15:16.480
DTI Secretary Maria Cristina Aldeguer-Roque: that will allow more Philippine companies

asr-002028
01:15:16.480 --> 01:15:18.440
DTI Secretary Maria Cristina Aldeguer-Roque: to participate in international trade

asr-002029
01:15:18.440 --> 01:15:20.560
DTI Secretary Maria Cristina Aldeguer-Roque: shows where actual business

asr-002030
01:15:20.560 --> 01:15:22.320
DTI Secretary Maria Cristina Aldeguer-Roque: deals and export contracts are

asr-002031
01:15:22.320 --> 01:15:24.380
DTI Secretary Maria Cristina Aldeguer-Roque: generated. We need to expand

asr-002032
01:15:24.380 --> 01:15:25.700
DTI Secretary Maria Cristina Aldeguer-Roque: the size of our booths

asr-002033
01:15:25.700 --> 01:15:28.560
DTI Secretary Maria Cristina Aldeguer-Roque: to accommodate more

asr-002034
01:15:28.560 --> 01:15:30.540
DTI Secretary Maria Cristina Aldeguer-Roque: products, and we also need to

asr-002035
01:15:30.540 --> 01:15:32.780
DTI Secretary Maria Cristina Aldeguer-Roque: join more trade shows to showcase

asr-002036
01:15:32.780 --> 01:15:34.020
DTI Secretary Maria Cristina Aldeguer-Roque: our products.

asr-002037
01:15:34.640 --> 01:15:36.180
DTI Secretary Maria Cristina Aldeguer-Roque: Another major opportunity

asr-002038
01:15:36.180 --> 01:15:38.320
DTI Secretary Maria Cristina Aldeguer-Roque: in our

asr-002039
01:15:38.320 --> 01:15:39.560
DTI Secretary Maria Cristina Aldeguer-Roque: chairship is the landmark

asr-002040
01:15:39.560 --> 01:15:41.860
DTI Secretary Maria Cristina Aldeguer-Roque: agreement, which is the DEFA.

asr-002041
01:15:42.960 --> 01:15:44.000
DTI Secretary Maria Cristina Aldeguer-Roque: This first

asr-002042
01:15:44.000 --> 01:15:46.120
DTI Secretary Maria Cristina Aldeguer-Roque: regional, first in the world,

asr-002043
01:15:46.740 --> 01:15:48.300
DTI Secretary Maria Cristina Aldeguer-Roque: which is scheduled for signing

asr-002044
01:15:48.300 --> 01:15:50.380
DTI Secretary Maria Cristina Aldeguer-Roque: this November, DEFA is expected

asr-002045
01:15:50.380 --> 01:15:52.380
DTI Secretary Maria Cristina Aldeguer-Roque: to unlock an opportunity of

asr-002046
01:15:52.380 --> 01:15:54.700
DTI Secretary Maria Cristina Aldeguer-Roque: 2 trillion US dollars by 2030.

asr-002047
01:15:55.280 --> 01:15:56.320
DTI Secretary Maria Cristina Aldeguer-Roque: This will open the

asr-002048
01:15:56.320 --> 01:15:58.240
DTI Secretary Maria Cristina Aldeguer-Roque: digital space, digital economy,

asr-002049
01:15:58.560 --> 01:16:00.520
DTI Secretary Maria Cristina Aldeguer-Roque: digital payments

asr-002050
01:16:00.520 --> 01:16:02.660
DTI Secretary Maria Cristina Aldeguer-Roque: cross-border,

asr-002051
01:16:03.060 --> 01:16:04.960
DTI Secretary Maria Cristina Aldeguer-Roque: and then digital identity,

asr-002052
01:16:05.140 --> 01:16:06.780
DTI Secretary Maria Cristina Aldeguer-Roque: cybersecurity, data governance,

asr-002053
01:16:07.080 --> 01:16:08.760
DTI Secretary Maria Cristina Aldeguer-Roque: and competition policies, and

asr-002054
01:16:08.760 --> 01:16:10.160
DTI Secretary Maria Cristina Aldeguer-Roque: digital talent development.

asr-002055
01:16:10.940 --> 01:16:12.920
DTI Secretary Maria Cristina Aldeguer-Roque: On investments, the strong

asr-002056
01:16:12.920 --> 01:16:14.920
DTI Secretary Maria Cristina Aldeguer-Roque: performance of our investment promotion

asr-002057
01:16:14.920 --> 01:16:17.200
DTI Secretary Maria Cristina Aldeguer-Roque: agencies in 2025,

asr-002058
01:16:17.500 --> 01:16:18.640
DTI Secretary Maria Cristina Aldeguer-Roque: the BOI approved

asr-002059
01:16:18.640 --> 01:16:20.920
DTI Secretary Maria Cristina Aldeguer-Roque: 1.56 trillion in investment,

asr-002060
01:16:21.560 --> 01:16:23.240
DTI Secretary Maria Cristina Aldeguer-Roque: surpassing the 1.5

asr-002061
01:16:23.240 --> 01:16:24.880
DTI Secretary Maria Cristina Aldeguer-Roque: trillion mark for the second

asr-002062
01:16:24.880 --> 01:16:26.720
DTI Secretary Maria Cristina Aldeguer-Roque: consecutive year, and

asr-002063
01:16:26.720 --> 01:16:28.440
DTI Secretary Maria Cristina Aldeguer-Roque: registering the second highest

asr-002064
01:16:28.440 --> 01:16:30.240
DTI Secretary Maria Cristina Aldeguer-Roque: level of investment approvals

asr-002065
01:16:30.240 --> 01:16:32.580
DTI Secretary Maria Cristina Aldeguer-Roque: in the agency's 58th year history.

asr-002066
01:16:33.140 --> 01:16:34.500
DTI Secretary Maria Cristina Aldeguer-Roque: These 322

asr-002067
01:16:34.500 --> 01:16:36.260
DTI Secretary Maria Cristina Aldeguer-Roque: approved projects are expected

asr-002068
01:16:36.260 --> 01:16:37.600
DTI Secretary Maria Cristina Aldeguer-Roque: to generate more than

asr-002069
01:16:37.600 --> 01:16:40.140
DTI Secretary Maria Cristina Aldeguer-Roque: 40,000 jobs for Filipinos

asr-002070
01:16:40.140 --> 01:16:42.300
DTI Secretary Maria Cristina Aldeguer-Roque: nationwide. At the same time,

asr-002071
01:16:42.460 --> 01:16:44.540
DTI Secretary Maria Cristina Aldeguer-Roque: the PESA continues to attract

asr-002072
01:16:44.540 --> 01:16:46.080
DTI Secretary Maria Cristina Aldeguer-Roque: both new and expanding

asr-002073
01:16:46.080 --> 01:16:48.000
DTI Secretary Maria Cristina Aldeguer-Roque: investors, so PESA approved

asr-002074
01:16:48.000 --> 01:16:52.240
DTI Secretary Maria Cristina Aldeguer-Roque: 260.89 billion pesos

asr-002075
01:16:52.240 --> 01:16:54.700
DTI Secretary Maria Cristina Aldeguer-Roque: in investments in 2025.

asr-002076
01:16:55.360 --> 01:16:56.260
DTI Secretary Maria Cristina Aldeguer-Roque: In the first eight

asr-002077
01:16:56.260 --> 01:16:58.100
DTI Secretary Maria Cristina Aldeguer-Roque: months of 2026 alone,

asr-002078
01:16:58.100 --> 01:16:59.220
DTI Secretary Maria Cristina Aldeguer-Roque: it already approved

asr-002079
01:16:59.220 --> 01:17:01.800
DTI Secretary Maria Cristina Aldeguer-Roque: 216.46 billion in

asr-002080
01:17:01.800 --> 01:17:03.960
DTI Secretary Maria Cristina Aldeguer-Roque: investments across 196

asr-002081
01:17:03.960 --> 01:17:06.120
DTI Secretary Maria Cristina Aldeguer-Roque: new and expansion projects,

asr-002082
01:17:06.200 --> 01:17:08.040
DTI Secretary Maria Cristina Aldeguer-Roque: securing more than 72%

asr-002083
01:17:08.040 --> 01:17:09.280
DTI Secretary Maria Cristina Aldeguer-Roque: of its annual target.

asr-002084
01:17:09.860 --> 01:17:11.960
DTI Secretary Maria Cristina Aldeguer-Roque: These projects are projected to create

asr-002085
01:17:11.960 --> 01:17:14.060
DTI Secretary Maria Cristina Aldeguer-Roque: approximately 27,000

asr-002086
01:17:14.060 --> 01:17:15.040
DTI Secretary Maria Cristina Aldeguer-Roque: direct new jobs.

asr-002087
01:17:16.000 --> 01:17:17.780
DTI Secretary Maria Cristina Aldeguer-Roque: We are further strengthening

asr-002088
01:17:17.780 --> 01:17:19.800
DTI Secretary Maria Cristina Aldeguer-Roque: the country's competitiveness through the

asr-002089
01:17:19.800 --> 01:17:21.960
DTI Secretary Maria Cristina Aldeguer-Roque: Create More Act and the

asr-002090
01:17:21.960 --> 01:17:23.820
DTI Secretary Maria Cristina Aldeguer-Roque: SIPP 2026

asr-002091
01:17:23.820 --> 01:17:26.180
DTI Secretary Maria Cristina Aldeguer-Roque: and the Green Lanes for Strategic

asr-002092
01:17:26.180 --> 01:17:28.040
DTI Secretary Maria Cristina Aldeguer-Roque: Investments. These reforms,

asr-002093
01:17:28.100 --> 01:17:29.420
DTI Secretary Maria Cristina Aldeguer-Roque: encourage new investments

asr-002094
01:17:29.420 --> 01:17:32.200
DTI Secretary Maria Cristina Aldeguer-Roque: and support expansions of existing

asr-002095
01:17:32.200 --> 01:17:33.940
DTI Secretary Maria Cristina Aldeguer-Roque: investors and provide industries

asr-002096
01:17:33.940 --> 01:17:36.020
DTI Secretary Maria Cristina Aldeguer-Roque: with enabling environment where they

asr-002097
01:17:36.020 --> 01:17:38.180
DTI Secretary Maria Cristina Aldeguer-Roque: need to grow. Mr. Chair,

asr-002098
01:17:38.640 --> 01:17:39.800
DTI Secretary Maria Cristina Aldeguer-Roque: while these numbers

asr-002099
01:17:39.800 --> 01:17:41.840
DTI Secretary Maria Cristina Aldeguer-Roque: clearly show immense potential

asr-002100
01:17:41.840 --> 01:17:43.960
DTI Secretary Maria Cristina Aldeguer-Roque: and foreign investor interest, I

asr-002101
01:17:43.960 --> 01:17:45.920
DTI Secretary Maria Cristina Aldeguer-Roque: want to emphasize that we currently do not

asr-002102
01:17:45.920 --> 01:17:47.940
DTI Secretary Maria Cristina Aldeguer-Roque: have dedicated budget for investment

asr-002103
01:17:47.940 --> 01:17:50.000
DTI Secretary Maria Cristina Aldeguer-Roque: promotion. We want

asr-002104
01:17:50.000 --> 01:17:51.600
DTI Secretary Maria Cristina Aldeguer-Roque: to aggressively drive and increase

asr-002105
01:17:51.600 --> 01:17:53.960
DTI Secretary Maria Cristina Aldeguer-Roque: investments, especially that we have

asr-002106
01:17:53.960 --> 01:17:55.660
DTI Secretary Maria Cristina Aldeguer-Roque: a lot of free trade agreements

asr-002107
01:17:55.660 --> 01:17:57.220
DTI Secretary Maria Cristina Aldeguer-Roque: and we have a

asr-002110
01:17:58.100 --> 01:17:58.260
DTI Secretary Maria Cristina Aldeguer-Roque: lot

asr-002111
01:17:58.260 --> 01:18:00.020
DTI Secretary Maria Cristina Aldeguer-Roque: of incentives that are now

asr-002112
01:18:00.020 --> 01:18:02.300
DTI Secretary Maria Cristina Aldeguer-Roque: more, that really

asr-002113
01:18:02.300 --> 01:18:04.140
DTI Secretary Maria Cristina Aldeguer-Roque: encourage more investors to invest

asr-002114
01:18:04.140 --> 01:18:06.080
DTI Secretary Maria Cristina Aldeguer-Roque: in the country. But we hope to

asr-002115
01:18:06.080 --> 01:18:08.060
DTI Secretary Maria Cristina Aldeguer-Roque: get more investments to

asr-002116
01:18:08.060 --> 01:18:10.020
DTI Secretary Maria Cristina Aldeguer-Roque: secure more jobs and

asr-002117
01:18:10.020 --> 01:18:11.400
DTI Secretary Maria Cristina Aldeguer-Roque: more income for the country.

asr-002118
01:18:12.460 --> 01:18:13.980
DTI Secretary Maria Cristina Aldeguer-Roque: So through the

asr-002119
01:18:13.980 --> 01:18:15.900
DTI Secretary Maria Cristina Aldeguer-Roque: DTI's network of the

asr-002120
01:18:15.900 --> 01:18:18.260
DTI Secretary Maria Cristina Aldeguer-Roque: Philippine Trade and Investment Centers

asr-002121
01:18:18.260 --> 01:18:20.100
DTI Secretary Maria Cristina Aldeguer-Roque: in 21 countries all over

asr-002122
01:18:20.100 --> 01:18:21.900
DTI Secretary Maria Cristina Aldeguer-Roque: the world with 29 trade attaches,

asr-002123
01:18:22.480 --> 01:18:24.220
DTI Secretary Maria Cristina Aldeguer-Roque: we actively promote

asr-002124
01:18:24.220 --> 01:18:25.920
DTI Secretary Maria Cristina Aldeguer-Roque: the Philippines as an investment

asr-002125
01:18:25.920 --> 01:18:27.980
DTI Secretary Maria Cristina Aldeguer-Roque: destination. These offices

asr-002126
01:18:27.980 --> 01:18:29.780
DTI Secretary Maria Cristina Aldeguer-Roque: serve as a frontline presence in

asr-002127
01:18:29.780 --> 01:18:31.820
DTI Secretary Maria Cristina Aldeguer-Roque: major markets. So again, we also need

asr-002128
01:18:31.820 --> 01:18:33.820
DTI Secretary Maria Cristina Aldeguer-Roque: budget for this so they

asr-002129
01:18:33.820 --> 01:18:35.720
DTI Secretary Maria Cristina Aldeguer-Roque: can promote the Philippines as an

asr-002130
01:18:35.720 --> 01:18:37.980
DTI Secretary Maria Cristina Aldeguer-Roque: investment haven more aggressively.

asr-002131
01:18:38.620 --> 01:18:40.180
DTI Secretary Maria Cristina Aldeguer-Roque: Second, on industry

asr-002132
01:18:40.180 --> 01:18:41.860
DTI Secretary Maria Cristina Aldeguer-Roque: and MSME development,

asr-002133
01:18:42.140 --> 01:18:43.420
DTI Secretary Maria Cristina Aldeguer-Roque: under the Tatak Pinoy

asr-002134
01:18:43.420 --> 01:18:45.580
DTI Secretary Maria Cristina Aldeguer-Roque: strategy, our goal is to build

asr-002135
01:18:45.580 --> 01:18:47.440
DTI Secretary Maria Cristina Aldeguer-Roque: globally competitive Filipino

asr-002136
01:18:47.440 --> 01:18:49.500
DTI Secretary Maria Cristina Aldeguer-Roque: enterprises that create higher value

asr-002137
01:18:49.500 --> 01:18:51.400
DTI Secretary Maria Cristina Aldeguer-Roque: products, better job, and greater

asr-002138
01:18:51.400 --> 01:18:53.700
DTI Secretary Maria Cristina Aldeguer-Roque: economic opportunities. To achieve

asr-002139
01:18:53.700 --> 01:18:55.860
DTI Secretary Maria Cristina Aldeguer-Roque: this, we must ensure that our MSMEs

asr-002140
01:18:55.860 --> 01:18:56.980
DTI Secretary Maria Cristina Aldeguer-Roque: have market access

asr-002141
01:18:57.980 --> 01:19:00.360
DTI Secretary Maria Cristina Aldeguer-Roque: financing and support. They need to

asr-002142
01:19:00.360 --> 01:19:02.520
DTI Secretary Maria Cristina Aldeguer-Roque: grow, scale up, and seize the opportunities

asr-002143
01:19:02.520 --> 01:19:04.320
DTI Secretary Maria Cristina Aldeguer-Roque: created by expanding

asr-002144
01:19:04.320 --> 01:19:06.500
DTI Secretary Maria Cristina Aldeguer-Roque: trade and investments. So we need

asr-002145
01:19:06.500 --> 01:19:08.580
DTI Secretary Maria Cristina Aldeguer-Roque: to, from the MSMEs

asr-002146
01:19:08.580 --> 01:19:10.460
DTI Secretary Maria Cristina Aldeguer-Roque: supplying the local, those

asr-002147
01:19:10.460 --> 01:19:12.180
DTI Secretary Maria Cristina Aldeguer-Roque: that are ready to go for

asr-002148
01:19:12.180 --> 01:19:14.500
DTI Secretary Maria Cristina Aldeguer-Roque: the global market, we need

asr-002149
01:19:14.500 --> 01:19:16.200
DTI Secretary Maria Cristina Aldeguer-Roque: to link them already to

asr-002150
01:19:16.200 --> 01:19:18.680
DTI Secretary Maria Cristina Aldeguer-Roque: these exporters.

asr-002151
01:19:18.680 --> 01:19:20.520
DTI Secretary Maria Cristina Aldeguer-Roque: So we need assistance also

asr-002152
01:19:20.520 --> 01:19:22.720
DTI Secretary Maria Cristina Aldeguer-Roque: financially on this. One of

asr-002153
01:19:22.720 --> 01:19:24.320
DTI Secretary Maria Cristina Aldeguer-Roque: the most effective ways is to

asr-002154
01:19:24.320 --> 01:19:26.580
DTI Secretary Maria Cristina Aldeguer-Roque: connect the business directly with buyers

asr-002155
01:19:26.580 --> 01:19:27.680
DTI Secretary Maria Cristina Aldeguer-Roque: and commercial opportunities.

asr-002156
01:19:27.980 --> 01:19:30.260
DTI Secretary Maria Cristina Aldeguer-Roque: It's through the international and

asr-002157
01:19:30.260 --> 01:19:31.880
DTI Secretary Maria Cristina Aldeguer-Roque: local trade fairs.

asr-002158
01:19:31.880 --> 01:19:34.420
DTI Secretary Maria Cristina Aldeguer-Roque: Products will remain as

asr-002159
01:19:34.420 --> 01:19:36.300
DTI Secretary Maria Cristina Aldeguer-Roque: products unless we sell them. So we need

asr-002160
01:19:36.300 --> 01:19:38.160
DTI Secretary Maria Cristina Aldeguer-Roque: to provide market access for them,

asr-002161
01:19:38.600 --> 01:19:40.340
DTI Secretary Maria Cristina Aldeguer-Roque: strategic market access for

asr-002162
01:19:40.340 --> 01:19:41.800
DTI Secretary Maria Cristina Aldeguer-Roque: them locally and globally.

asr-002163
01:19:42.060 --> 01:19:44.300
DTI Secretary Maria Cristina Aldeguer-Roque: For the local, we

asr-002164
01:19:44.300 --> 01:19:45.200
DTI Secretary Maria Cristina Aldeguer-Roque: need to invite

asr-002165
01:19:45.200 --> 01:19:47.360
DTI Secretary Maria Cristina Aldeguer-Roque: buyers,

asr-002166
01:19:48.180 --> 01:19:50.200
DTI Secretary Maria Cristina Aldeguer-Roque: bulk buyers or wholesale buyers

asr-002167
01:19:50.200 --> 01:19:51.640
DTI Secretary Maria Cristina Aldeguer-Roque: to buy the products of the

asr-002168
01:19:51.640 --> 01:19:54.640
DTI Secretary Maria Cristina Aldeguer-Roque: small and medium enterprises.

asr-002169
01:19:55.280 --> 01:19:56.460
DTI Secretary Maria Cristina Aldeguer-Roque: In 2026

asr-002170
01:19:56.460 --> 01:19:57.960
DTI Secretary Maria Cristina Aldeguer-Roque: alone, the National Trade Fair,

asr-002171
01:19:57.980 --> 01:19:59.980
DTI Secretary Maria Cristina Aldeguer-Roque: assisted 1,457

asr-002172
01:20:00.920 --> 01:20:02.360
DTI Secretary Maria Cristina Aldeguer-Roque: MSMEs and

asr-002173
01:20:02.360 --> 01:20:03.940
DTI Secretary Maria Cristina Aldeguer-Roque: generated nearly

asr-002174
01:20:03.940 --> 01:20:05.960
DTI Secretary Maria Cristina Aldeguer-Roque: 1 billion in sales as of the

asr-002175
01:20:05.960 --> 01:20:08.000
DTI Secretary Maria Cristina Aldeguer-Roque: third quarter when the last year

asr-002176
01:20:08.000 --> 01:20:09.700
DTI Secretary Maria Cristina Aldeguer-Roque: we were able to

asr-002177
01:20:09.700 --> 01:20:11.620
DTI Secretary Maria Cristina Aldeguer-Roque: sell around 600 million.

asr-002178
01:20:11.900 --> 01:20:13.840
DTI Secretary Maria Cristina Aldeguer-Roque: So we've grown already and we're just

asr-002179
01:20:13.840 --> 01:20:15.920
DTI Secretary Maria Cristina Aldeguer-Roque: in our third quarter. But we still

asr-002180
01:20:15.920 --> 01:20:17.980
DTI Secretary Maria Cristina Aldeguer-Roque: need to assist them and

asr-002181
01:20:17.980 --> 01:20:19.900
DTI Secretary Maria Cristina Aldeguer-Roque: provide them more market access.

asr-002182
01:20:20.580 --> 01:20:21.920
DTI Secretary Maria Cristina Aldeguer-Roque: Growth, however, requires

asr-002183
01:20:21.920 --> 01:20:24.320
DTI Secretary Maria Cristina Aldeguer-Roque: capital. So through the SB Corporation,

asr-002184
01:20:25.040 --> 01:20:26.020
DTI Secretary Maria Cristina Aldeguer-Roque: the DTI continues

asr-002185
01:20:26.020 --> 01:20:27.960
DTI Secretary Maria Cristina Aldeguer-Roque: to provide financing which enables

asr-002186
01:20:27.980 --> 01:20:29.880
DTI Secretary Maria Cristina Aldeguer-Roque: MSMEs to expand production.

asr-002187
01:20:30.940 --> 01:20:31.640
DTI Secretary Maria Cristina Aldeguer-Roque: We have just

asr-002188
01:20:31.640 --> 01:20:33.520
DTI Secretary Maria Cristina Aldeguer-Roque: launched

asr-002189
01:20:33.520 --> 01:20:35.700
DTI Secretary Maria Cristina Aldeguer-Roque: dedicated financing programs

asr-002190
01:20:35.700 --> 01:20:37.380
DTI Secretary Maria Cristina Aldeguer-Roque: for women

asr-002191
01:20:37.380 --> 01:20:39.900
DTI Secretary Maria Cristina Aldeguer-Roque: entrepreneurs to encourage

asr-002192
01:20:39.900 --> 01:20:41.820
DTI Secretary Maria Cristina Aldeguer-Roque: double income in a family

asr-002193
01:20:41.820 --> 01:20:43.440
DTI Secretary Maria Cristina Aldeguer-Roque: and to promote also

asr-002194
01:20:43.440 --> 01:20:45.240
DTI Secretary Maria Cristina Aldeguer-Roque: women in business.

asr-002195
01:20:45.700 --> 01:20:48.020
DTI Secretary Maria Cristina Aldeguer-Roque: Then also exporters, MSMEs,

asr-002196
01:20:48.080 --> 01:20:50.100
DTI Secretary Maria Cristina Aldeguer-Roque: OFWs, e-transport operators

asr-002197
01:20:50.100 --> 01:20:51.880
DTI Secretary Maria Cristina Aldeguer-Roque: and the Youth Enterprise Fund.

asr-002198
01:20:52.520 --> 01:20:53.920
DTI Secretary Maria Cristina Aldeguer-Roque: Supported by a total

asr-002199
01:20:53.920 --> 01:20:55.720
DTI Secretary Maria Cristina Aldeguer-Roque: fund of 12 billion, these

asr-002200
01:20:55.720 --> 01:20:57.720
DTI Secretary Maria Cristina Aldeguer-Roque: financing programs create more opportunity

asr-002201
01:20:57.980 --> 01:20:59.840
DTI Secretary Maria Cristina Aldeguer-Roque: for Filipinos to earn, build

asr-002202
01:20:59.840 --> 01:21:01.560
DTI Secretary Maria Cristina Aldeguer-Roque: businesses and

asr-002203
01:21:01.560 --> 01:21:03.820
DTI Secretary Maria Cristina Aldeguer-Roque: really expand also their

asr-002204
01:21:03.820 --> 01:21:05.720
DTI Secretary Maria Cristina Aldeguer-Roque: business. We have

asr-002205
01:21:05.720 --> 01:21:07.800
DTI Secretary Maria Cristina Aldeguer-Roque: changed also the policy

asr-002206
01:21:07.800 --> 01:21:09.720
DTI Secretary Maria Cristina Aldeguer-Roque: so up to 5 million, no

asr-002207
01:21:09.720 --> 01:21:11.700
DTI Secretary Maria Cristina Aldeguer-Roque: collateral and then one year

asr-002208
01:21:11.700 --> 01:21:13.580
DTI Secretary Maria Cristina Aldeguer-Roque: no payment of principal and interest

asr-002209
01:21:13.580 --> 01:21:15.600
DTI Secretary Maria Cristina Aldeguer-Roque: para makausad din yung negosyo nila.

asr-002210
01:21:16.340 --> 01:21:17.900
DTI Secretary Maria Cristina Aldeguer-Roque: However, I want to emphasize

asr-002211
01:21:17.900 --> 01:21:19.860
DTI Secretary Maria Cristina Aldeguer-Roque: this Honorable Chair

asr-002212
01:21:19.860 --> 01:21:21.680
DTI Secretary Maria Cristina Aldeguer-Roque: that the current budget of

asr-002213
01:21:21.680 --> 01:21:23.900
DTI Secretary Maria Cristina Aldeguer-Roque: SB Corporation is way too small

asr-002214
01:21:23.900 --> 01:21:25.600
DTI Secretary Maria Cristina Aldeguer-Roque: to cater to the actual needs of the

asr-002215
01:21:25.600 --> 01:21:27.520
DTI Secretary Maria Cristina Aldeguer-Roque: MSMEs nationwide.

asr-002216
01:21:27.980 --> 01:21:29.380
DTI Secretary Maria Cristina Aldeguer-Roque: So far,

asr-002217
01:21:29.900 --> 01:21:32.080
DTI Secretary Maria Cristina Aldeguer-Roque: the demand outweighs our resources.

asr-002218
01:21:32.360 --> 01:21:33.900
DTI Secretary Maria Cristina Aldeguer-Roque: SB Corporation has already

asr-002219
01:21:33.900 --> 01:21:35.660
DTI Secretary Maria Cristina Aldeguer-Roque: received more than 36 billion

asr-002220
01:21:35.660 --> 01:21:37.900
DTI Secretary Maria Cristina Aldeguer-Roque: in loan applications compared

asr-002221
01:21:37.900 --> 01:21:39.240
DTI Secretary Maria Cristina Aldeguer-Roque: to our limited fund

asr-002222
01:21:39.240 --> 01:21:41.760
DTI Secretary Maria Cristina Aldeguer-Roque: capacity of 12.9 billion.

asr-002223
01:21:42.340 --> 01:21:43.940
DTI Secretary Maria Cristina Aldeguer-Roque: We are requesting an additional

asr-002224
01:21:43.940 --> 01:21:45.800
DTI Secretary Maria Cristina Aldeguer-Roque: 5 billion funding for SB

asr-002225
01:21:45.800 --> 01:21:46.440
DTI Secretary Maria Cristina Aldeguer-Roque: Corporation.

asr-002226
01:21:48.180 --> 01:21:49.900
DTI Secretary Maria Cristina Aldeguer-Roque: At the same time, we are

asr-002227
01:21:49.900 --> 01:21:51.980
DTI Secretary Maria Cristina Aldeguer-Roque: preparing our industries for the future.

asr-002228
01:21:52.180 --> 01:21:53.820
DTI Secretary Maria Cristina Aldeguer-Roque: We have just recently launched the

asr-002229
01:21:53.820 --> 01:21:55.880
DTI Secretary Maria Cristina Aldeguer-Roque: AI and Scale-Up Center to

asr-002230
01:21:55.880 --> 01:21:57.540
DTI Secretary Maria Cristina Aldeguer-Roque: help businesses adapt to AI.

asr-002231
01:21:57.980 --> 01:22:00.060
DTI Secretary Maria Cristina Aldeguer-Roque: Especially the small and medium

asr-002232
01:22:00.060 --> 01:22:01.900
DTI Secretary Maria Cristina Aldeguer-Roque: enterprises, how to use AI

asr-002233
01:22:01.900 --> 01:22:03.180
DTI Secretary Maria Cristina Aldeguer-Roque: to move their business.

asr-002234
01:22:04.240 --> 01:22:05.680
DTI Secretary Maria Cristina Aldeguer-Roque: Through our Negosyo Center,

asr-002235
01:22:05.860 --> 01:22:07.500
DTI Secretary Maria Cristina Aldeguer-Roque: shared services facilities and

asr-002236
01:22:07.500 --> 01:22:09.720
DTI Secretary Maria Cristina Aldeguer-Roque: Kapatid Mentor Me program, we continue to

asr-002237
01:22:09.720 --> 01:22:11.600
DTI Secretary Maria Cristina Aldeguer-Roque: assist MSMEs, improve the

asr-002238
01:22:11.600 --> 01:22:13.940
DTI Secretary Maria Cristina Aldeguer-Roque: capabilities, reach larger markets

asr-002239
01:22:13.940 --> 01:22:15.680
DTI Secretary Maria Cristina Aldeguer-Roque: and create more quality jobs

asr-002240
01:22:15.680 --> 01:22:17.620
DTI Secretary Maria Cristina Aldeguer-Roque: and income opportunities for

asr-002241
01:22:17.620 --> 01:22:19.840
DTI Secretary Maria Cristina Aldeguer-Roque: Filipino. Yesterday, we just

asr-002242
01:22:19.840 --> 01:22:21.680
DTI Secretary Maria Cristina Aldeguer-Roque: launched the online portal

asr-002243
01:22:21.680 --> 01:22:23.580
DTI Secretary Maria Cristina Aldeguer-Roque: for the Negosyo Center so

asr-002244
01:22:23.580 --> 01:22:25.440
DTI Secretary Maria Cristina Aldeguer-Roque: I don't have to go to the physical

asr-002245
01:22:25.440 --> 01:22:27.720
DTI Secretary Maria Cristina Aldeguer-Roque: Negosyo Centers anymore kung wala na akong

asr-002246
01:22:27.720 --> 01:22:29.800
DTI Secretary Maria Cristina Aldeguer-Roque: oras. I'm busy working and

asr-002247
01:22:29.800 --> 01:22:32.020
DTI Secretary Maria Cristina Aldeguer-Roque: I don't have to spend anymore

asr-002248
01:22:32.020 --> 01:22:33.180
DTI Secretary Maria Cristina Aldeguer-Roque: extra on

asr-002249
01:22:33.180 --> 01:22:35.820
DTI Secretary Maria Cristina Aldeguer-Roque: transportation costs just to

asr-002250
01:22:35.820 --> 01:22:37.660
DTI Secretary Maria Cristina Aldeguer-Roque: get there. So even in my free time

asr-002251
01:22:37.660 --> 01:22:39.760
DTI Secretary Maria Cristina Aldeguer-Roque: or time before I sleep

asr-002252
01:22:39.760 --> 01:22:41.760
DTI Secretary Maria Cristina Aldeguer-Roque: or when I wake up, I can go

asr-002253
01:22:41.760 --> 01:22:43.320
DTI Secretary Maria Cristina Aldeguer-Roque: to the online portal. So

asr-002254
01:22:43.320 --> 01:22:45.600
DTI Secretary Maria Cristina Aldeguer-Roque: doon sa online portal is exactly

asr-002255
01:22:45.600 --> 01:22:47.700
DTI Secretary Maria Cristina Aldeguer-Roque: like a Negosyo Center. We keep on

asr-002256
01:22:47.700 --> 01:22:49.680
DTI Secretary Maria Cristina Aldeguer-Roque: updating and upgrading the opportunities

asr-002257
01:22:49.680 --> 01:22:51.660
DTI Secretary Maria Cristina Aldeguer-Roque: and possibilities that we give to

asr-002258
01:22:51.660 --> 01:22:53.580
DTI Secretary Maria Cristina Aldeguer-Roque: them. And thirdly,

asr-002259
01:22:53.740 --> 01:22:55.760
DTI Secretary Maria Cristina Aldeguer-Roque: on consumer protection and fair trade.

asr-002260
01:22:56.140 --> 01:22:57.680
DTI Secretary Maria Cristina Aldeguer-Roque: Consumer protection and industry

asr-002261
01:22:57.720 --> 01:22:59.320
DTI Secretary Maria Cristina Aldeguer-Roque: development go hand in hand.

asr-002262
01:22:59.580 --> 01:23:01.700
DTI Secretary Maria Cristina Aldeguer-Roque: Businesses grow when consumers have confidence

asr-002263
01:23:01.700 --> 01:23:04.000
DTI Secretary Maria Cristina Aldeguer-Roque: in products they buy and markets

asr-002264
01:23:04.000 --> 01:23:05.220
DTI Secretary Maria Cristina Aldeguer-Roque: they participate in.

asr-002265
01:23:05.680 --> 01:23:07.620
DTI Secretary Maria Cristina Aldeguer-Roque: DTI remains committed to protecting

asr-002266
01:23:07.620 --> 01:23:09.880
DTI Secretary Maria Cristina Aldeguer-Roque: consumers and promoting fair trade.

asr-002267
01:23:10.260 --> 01:23:11.720
DTI Secretary Maria Cristina Aldeguer-Roque: Through nationwide monitoring

asr-002268
01:23:11.720 --> 01:23:13.740
DTI Secretary Maria Cristina Aldeguer-Roque: and enforcement, we inspected

asr-002269
01:23:13.740 --> 01:23:15.940
DTI Secretary Maria Cristina Aldeguer-Roque: more than 14,000 establishments

asr-002270
01:23:15.940 --> 01:23:17.640
DTI Secretary Maria Cristina Aldeguer-Roque: and monitored over 5,000

asr-002271
01:23:17.640 --> 01:23:19.660
DTI Secretary Maria Cristina Aldeguer-Roque: firms to help ensure the

asr-002272
01:23:19.660 --> 01:23:21.640
DTI Secretary Maria Cristina Aldeguer-Roque: adequate supply and fair pricing

asr-002273
01:23:21.640 --> 01:23:23.800
DTI Secretary Maria Cristina Aldeguer-Roque: of basic necessities and prime commodities.

asr-002274
01:23:24.480 --> 01:23:25.520
DTI Secretary Maria Cristina Aldeguer-Roque: We have

asr-002275
01:23:25.520 --> 01:23:27.640
DTI Secretary Maria Cristina Aldeguer-Roque: offices in

asr-002276
01:23:27.720 --> 01:23:29.520
DTI Secretary Maria Cristina Aldeguer-Roque: 18 regions and

asr-002277
01:23:29.520 --> 01:23:31.640
DTI Secretary Maria Cristina Aldeguer-Roque: this is where they check on a

asr-002278
01:23:31.640 --> 01:23:32.920
DTI Secretary Maria Cristina Aldeguer-Roque: weekly basis yung

asr-002279
01:23:32.920 --> 01:23:35.640
DTI Secretary Maria Cristina Aldeguer-Roque: prices of BNPC and

asr-002280
01:23:35.640 --> 01:23:37.780
DTI Secretary Maria Cristina Aldeguer-Roque: pag may crisis, it's on a daily basis

asr-002281
01:23:37.780 --> 01:23:39.560
DTI Secretary Maria Cristina Aldeguer-Roque: to make sure that there's no

asr-002282
01:23:39.560 --> 01:23:41.460
DTI Secretary Maria Cristina Aldeguer-Roque: movement of the goods, the

asr-002283
01:23:41.460 --> 01:23:43.380
DTI Secretary Maria Cristina Aldeguer-Roque: prices of the goods. We also continue

asr-002284
01:23:43.380 --> 01:23:45.560
DTI Secretary Maria Cristina Aldeguer-Roque: to strengthen product quality and safety.

asr-002285
01:23:45.780 --> 01:23:47.600
DTI Secretary Maria Cristina Aldeguer-Roque: The Bureau of Product Standards approved

asr-002286
01:23:47.600 --> 01:23:49.460
DTI Secretary Maria Cristina Aldeguer-Roque: 512 Philippine

asr-002287
01:23:49.460 --> 01:23:51.540
DTI Secretary Maria Cristina Aldeguer-Roque: National Standards supporting safer and

asr-002288
01:23:51.540 --> 01:23:53.220
DTI Secretary Maria Cristina Aldeguer-Roque: during the times of crisis,

asr-002289
01:23:53.700 --> 01:23:55.500
DTI Secretary Maria Cristina Aldeguer-Roque: DTI acted swiftly to

asr-002290
01:23:55.500 --> 01:23:57.660
DTI Secretary Maria Cristina Aldeguer-Roque: protect consumers by issuing price

asr-002291
01:23:57.660 --> 01:23:59.400
DTI Secretary Maria Cristina Aldeguer-Roque: freeze bulletins. So we do this

asr-002292
01:23:59.400 --> 01:24:01.480
DTI Secretary Maria Cristina Aldeguer-Roque: and we check and monitor on a daily

asr-002293
01:24:01.480 --> 01:24:03.540
DTI Secretary Maria Cristina Aldeguer-Roque: basis. We need

asr-002294
01:24:03.540 --> 01:24:04.960
DTI Secretary Maria Cristina Aldeguer-Roque: more funds to employ

asr-002295
01:24:04.960 --> 01:24:07.520
DTI Secretary Maria Cristina Aldeguer-Roque: more people to address issues

asr-002296
01:24:07.520 --> 01:24:09.520
DTI Secretary Maria Cristina Aldeguer-Roque: especially as what mentioned by

asr-002297
01:24:09.520 --> 01:24:11.460
DTI Secretary Maria Cristina Aldeguer-Roque: Senator Tulfo, as

asr-002298
01:24:11.460 --> 01:24:13.500
DTI Secretary Maria Cristina Aldeguer-Roque: there's a surge of products being sold in the

asr-002299
01:24:13.500 --> 01:24:15.680
DTI Secretary Maria Cristina Aldeguer-Roque: e-commerce platform. So we are requesting

asr-002300
01:24:15.680 --> 01:24:17.660
DTI Secretary Maria Cristina Aldeguer-Roque: actually 21.6 million

asr-002301
01:24:17.660 --> 01:24:19.260
DTI Secretary Maria Cristina Aldeguer-Roque: for this, to upgrade

asr-002302
01:24:19.260 --> 01:24:21.500
DTI Secretary Maria Cristina Aldeguer-Roque: technology for market

asr-002303
01:24:21.500 --> 01:24:23.540
DTI Secretary Maria Cristina Aldeguer-Roque: monitoring, enforcement, and consumer

asr-002304
01:24:23.540 --> 01:24:24.380
DTI Secretary Maria Cristina Aldeguer-Roque: assistance.

asr-002305
01:24:25.540 --> 01:24:27.640
DTI Secretary Maria Cristina Aldeguer-Roque: DTI's financial performance,

asr-002306
01:24:27.660 --> 01:24:29.760
DTI Secretary Maria Cristina Aldeguer-Roque: for fiscal year 2025,

asr-002307
01:24:30.060 --> 01:24:31.740
DTI Secretary Maria Cristina Aldeguer-Roque: the DTI had total available

asr-002308
01:24:31.740 --> 01:24:33.660
DTI Secretary Maria Cristina Aldeguer-Roque: appropriations of 12.111

asr-002309
01:24:35.000 --> 01:24:35.840
DTI Secretary Maria Cristina Aldeguer-Roque: billion pesos.

asr-002310
01:24:36.180 --> 01:24:38.900
DTI Secretary Maria Cristina Aldeguer-Roque: Of this amount, 10.202

asr-002311
01:24:38.900 --> 01:24:39.940
DTI Secretary Maria Cristina Aldeguer-Roque: billion pesos was

asr-002312
01:24:39.940 --> 01:24:41.900
DTI Secretary Maria Cristina Aldeguer-Roque: obligated, equivalent to

asr-002313
01:24:41.900 --> 01:24:43.800
DTI Secretary Maria Cristina Aldeguer-Roque: 87.8%

asr-002314
01:24:43.800 --> 01:24:44.920
DTI Secretary Maria Cristina Aldeguer-Roque: obligation rate.

asr-002315
01:24:45.680 --> 01:24:47.980
DTI Secretary Maria Cristina Aldeguer-Roque: The reason why we were not able to fully

asr-002316
01:24:47.980 --> 01:24:50.060
DTI Secretary Maria Cristina Aldeguer-Roque: utilize this is because the release of

asr-002317
01:24:50.060 --> 01:24:51.660
DTI Secretary Maria Cristina Aldeguer-Roque: the fourth quarter insertions

asr-002318
01:24:52.380 --> 01:24:54.040
DTI Secretary Maria Cristina Aldeguer-Roque: was late, which

asr-002319
01:24:54.040 --> 01:24:56.060
DTI Secretary Maria Cristina Aldeguer-Roque: amounted to 785

asr-002320
01:24:56.060 --> 01:24:56.560
DTI Secretary Maria Cristina Aldeguer-Roque: million.

asr-002321
01:24:57.660 --> 01:24:59.960
DTI Secretary Maria Cristina Aldeguer-Roque: For fiscal year 2026, as of

asr-002322
01:24:59.960 --> 01:25:02.000
DTI Secretary Maria Cristina Aldeguer-Roque: June 30, DTI had available

asr-002323
01:25:02.000 --> 01:25:04.720
DTI Secretary Maria Cristina Aldeguer-Roque: appropriations of 12.133

asr-002324
01:25:04.720 --> 01:25:06.020
DTI Secretary Maria Cristina Aldeguer-Roque: billion. Of this

asr-002325
01:25:06.020 --> 01:25:08.960
DTI Secretary Maria Cristina Aldeguer-Roque: amount, 5.90

asr-002326
01:25:08.960 --> 01:25:10.200
DTI Secretary Maria Cristina Aldeguer-Roque: billion pesos was

asr-002327
01:25:10.200 --> 01:25:13.700
DTI Secretary Maria Cristina Aldeguer-Roque: obligated, equivalent to 46.5%

asr-002328
01:25:13.700 --> 01:25:14.880
DTI Secretary Maria Cristina Aldeguer-Roque: obligation rate

asr-002329
01:25:14.880 --> 01:25:16.400
DTI Secretary Maria Cristina Aldeguer-Roque: for the first semester.

asr-002330
01:25:16.800 --> 01:25:18.060
DTI Secretary Maria Cristina Aldeguer-Roque: So disbursement reached

asr-002331
01:25:18.060 --> 01:25:20.160
DTI Secretary Maria Cristina Aldeguer-Roque: 3.789 billion, or

asr-002332
01:25:20.160 --> 01:25:22.400
DTI Secretary Maria Cristina Aldeguer-Roque: 74.4% of obligation.

asr-002333
01:25:22.580 --> 01:25:23.460
DTI Secretary Maria Cristina Aldeguer-Roque: So we are on track.

asr-002334
01:25:24.300 --> 01:25:26.100
DTI Secretary Maria Cristina Aldeguer-Roque: For the COA findings and

asr-002335
01:25:26.100 --> 01:25:27.640
DTI Secretary Maria Cristina Aldeguer-Roque: recommendations with management,

asr-002336
01:25:27.660 --> 01:25:29.640
DTI Secretary Maria Cristina Aldeguer-Roque: on fiscal year 2025,

asr-002337
01:25:29.960 --> 01:25:31.940
DTI Secretary Maria Cristina Aldeguer-Roque: Commission on Audit Findings and

asr-002338
01:25:31.940 --> 01:25:33.760
DTI Secretary Maria Cristina Aldeguer-Roque: Recommendations, DTI

asr-002339
01:25:33.760 --> 01:25:35.620
DTI Secretary Maria Cristina Aldeguer-Roque: included the required details

asr-002340
01:25:35.620 --> 01:25:37.560
DTI Secretary Maria Cristina Aldeguer-Roque: in the full submission to the committee.

asr-002341
01:25:38.280 --> 01:25:39.580
DTI Secretary Maria Cristina Aldeguer-Roque: We take the COA findings

asr-002342
01:25:39.580 --> 01:25:41.780
DTI Secretary Maria Cristina Aldeguer-Roque: seriously. The department has

asr-002343
01:25:41.780 --> 01:25:43.600
DTI Secretary Maria Cristina Aldeguer-Roque: provided management comments and

asr-002344
01:25:43.600 --> 01:25:45.680
DTI Secretary Maria Cristina Aldeguer-Roque: corresponding actions on the findings

asr-002345
01:25:45.680 --> 01:25:47.380
DTI Secretary Maria Cristina Aldeguer-Roque: and we commit to continue addressing

asr-002346
01:25:47.380 --> 01:25:49.640
DTI Secretary Maria Cristina Aldeguer-Roque: these recommendations in

asr-002347
01:25:49.640 --> 01:25:51.820
DTI Secretary Maria Cristina Aldeguer-Roque: coordination with the COA

asr-002348
01:25:51.820 --> 01:25:53.800
DTI Secretary Maria Cristina Aldeguer-Roque: and concerned DTI office, attached

asr-002349
01:25:53.800 --> 01:25:55.500
DTI Secretary Maria Cristina Aldeguer-Roque: agencies and corporations.

asr-002350
01:25:56.080 --> 01:25:57.500
DTI Secretary Maria Cristina Aldeguer-Roque: Reports on earmarking

asr-002351
01:25:57.660 --> 01:25:59.780
DTI Secretary Maria Cristina Aldeguer-Roque: revenues and off-budget accounts.

asr-002352
01:25:59.920 --> 01:26:02.020
DTI Secretary Maria Cristina Aldeguer-Roque: The department also submitted the required

asr-002353
01:26:02.020 --> 01:26:03.860
DTI Secretary Maria Cristina Aldeguer-Roque: reports on earmarked revenues and

asr-002354
01:26:03.860 --> 01:26:05.600
DTI Secretary Maria Cristina Aldeguer-Roque: off-budget accounts where applicable.

asr-002355
01:26:06.700 --> 01:26:07.920
DTI Secretary Maria Cristina Aldeguer-Roque: These include

asr-002356
01:26:07.920 --> 01:26:10.160
DTI Secretary Maria Cristina Aldeguer-Roque: relevant special accounts revolving

asr-002357
01:26:10.160 --> 01:26:11.840
DTI Secretary Maria Cristina Aldeguer-Roque: funds, retained income

asr-002358
01:26:11.840 --> 01:26:13.900
DTI Secretary Maria Cristina Aldeguer-Roque: and other authorized accounts of

asr-002359
01:26:13.900 --> 01:26:15.980
DTI Secretary Maria Cristina Aldeguer-Roque: concerned DTI offices, attached

asr-002360
01:26:15.980 --> 01:26:17.280
DTI Secretary Maria Cristina Aldeguer-Roque: agencies and corporations.

asr-002361
01:26:17.940 --> 01:26:19.620
DTI Secretary Maria Cristina Aldeguer-Roque: These reports are included

asr-002362
01:26:19.620 --> 01:26:21.980
DTI Secretary Maria Cristina Aldeguer-Roque: in the full deck to ensure the transparency

asr-002363
01:26:21.980 --> 01:26:23.940
DTI Secretary Maria Cristina Aldeguer-Roque: on receipts, expenditures

asr-002364
01:26:23.940 --> 01:26:25.100
DTI Secretary Maria Cristina Aldeguer-Roque: and fund balances.

asr-002365
01:26:26.500 --> 01:26:27.640
DTI Secretary Maria Cristina Aldeguer-Roque: Mr. Chair,

asr-002366
01:26:27.660 --> 01:26:29.880
DTI Secretary Maria Cristina Aldeguer-Roque: the fiscal year

asr-002367
01:26:29.880 --> 01:26:32.180
DTI Secretary Maria Cristina Aldeguer-Roque: 2027 DTI budget reflects

asr-002368
01:26:32.180 --> 01:26:34.280
DTI Secretary Maria Cristina Aldeguer-Roque: clear priorities, expanding

asr-002369
01:26:34.280 --> 01:26:36.100
DTI Secretary Maria Cristina Aldeguer-Roque: trade and investment. So we need to

asr-002370
01:26:36.100 --> 01:26:38.060
DTI Secretary Maria Cristina Aldeguer-Roque: promote the Philippines as

asr-002371
01:26:38.060 --> 01:26:40.720
DTI Secretary Maria Cristina Aldeguer-Roque: an investment

asr-002372
01:26:40.720 --> 01:26:41.800
DTI Secretary Maria Cristina Aldeguer-Roque: haven in

asr-002373
01:26:41.800 --> 01:26:44.120
DTI Secretary Maria Cristina Aldeguer-Roque: Southeast Asia. So

asr-002374
01:26:44.120 --> 01:26:45.680
DTI Secretary Maria Cristina Aldeguer-Roque: we need to develop competitive

asr-002375
01:26:45.680 --> 01:26:47.940
DTI Secretary Maria Cristina Aldeguer-Roque: MSMEs and really drive them

asr-002376
01:26:47.940 --> 01:26:50.000
DTI Secretary Maria Cristina Aldeguer-Roque: to level up

asr-002377
01:26:50.000 --> 01:26:51.780
DTI Secretary Maria Cristina Aldeguer-Roque: also and industries

asr-002378
01:26:51.780 --> 01:26:53.820
DTI Secretary Maria Cristina Aldeguer-Roque: and protecting

asr-002379
01:26:53.820 --> 01:26:55.880
DTI Secretary Maria Cristina Aldeguer-Roque: consumers. Every export

asr-002380
01:26:55.880 --> 01:26:57.400
DTI Secretary Maria Cristina Aldeguer-Roque: shipment creates opportunities,

asr-002381
01:26:57.660 --> 01:26:59.700
DTI Secretary Maria Cristina Aldeguer-Roque: not just for the exporters, but also

asr-002382
01:26:59.700 --> 01:27:01.700
DTI Secretary Maria Cristina Aldeguer-Roque: for farmers, workers and the small and

asr-002383
01:27:01.700 --> 01:27:03.680
DTI Secretary Maria Cristina Aldeguer-Roque: medium enterprises. Every

asr-002384
01:27:03.680 --> 01:27:05.400
DTI Secretary Maria Cristina Aldeguer-Roque: investment projects

asr-002385
01:27:05.400 --> 01:27:07.760
DTI Secretary Maria Cristina Aldeguer-Roque: project creates jobs.

asr-002386
01:27:07.760 --> 01:27:10.040
DTI Secretary Maria Cristina Aldeguer-Roque: Every MSME that grows strengthens

asr-002387
01:27:10.040 --> 01:27:12.060
DTI Secretary Maria Cristina Aldeguer-Roque: local opportunities. We need to provide

asr-002388
01:27:12.060 --> 01:27:13.780
DTI Secretary Maria Cristina Aldeguer-Roque: avenues and opportunities

asr-002389
01:27:13.780 --> 01:27:15.560
DTI Secretary Maria Cristina Aldeguer-Roque: for MSMEs as they

asr-002390
01:27:15.560 --> 01:27:17.180
DTI Secretary Maria Cristina Aldeguer-Roque: start

asr-002391
01:27:17.180 --> 01:27:19.760
DTI Secretary Maria Cristina Aldeguer-Roque: creating their products and really

asr-002392
01:27:19.760 --> 01:27:21.960
DTI Secretary Maria Cristina Aldeguer-Roque: moving to greater heights

asr-002393
01:27:21.960 --> 01:27:23.760
DTI Secretary Maria Cristina Aldeguer-Roque: by providing market access and

asr-002394
01:27:23.760 --> 01:27:25.940
DTI Secretary Maria Cristina Aldeguer-Roque: finance for them. With the support

asr-002395
01:27:25.940 --> 01:27:26.960
DTI Secretary Maria Cristina Aldeguer-Roque: of the Senate, DTI will continue to

asr-002396
01:27:26.960 --> 01:27:29.040
DTI Secretary Maria Cristina Aldeguer-Roque: open more doors for

asr-002397
01:27:29.040 --> 01:27:31.140
DTI Secretary Maria Cristina Aldeguer-Roque: Filipino businesses, help them succeed

asr-002398
01:27:31.140 --> 01:27:32.860
DTI Secretary Maria Cristina Aldeguer-Roque: in domestic and global markets

asr-002399
01:27:32.860 --> 01:27:35.020
DTI Secretary Maria Cristina Aldeguer-Roque: and ensure that the benefits of

asr-002400
01:27:35.020 --> 01:27:36.660
DTI Secretary Maria Cristina Aldeguer-Roque: growth are felt by every Filipino.

asr-002401
01:27:37.580 --> 01:27:39.140
DTI Secretary Maria Cristina Aldeguer-Roque: With the strong partnerships

asr-002402
01:27:39.140 --> 01:27:41.160
DTI Secretary Maria Cristina Aldeguer-Roque: with private sector, we will continue

asr-002403
01:27:41.160 --> 01:27:42.940
DTI Secretary Maria Cristina Aldeguer-Roque: to carry out our mandate with

asr-002404
01:27:42.940 --> 01:27:45.000
DTI Secretary Maria Cristina Aldeguer-Roque: urgency, determination and purpose

asr-002405
01:27:45.000 --> 01:27:46.620
DTI Secretary Maria Cristina Aldeguer-Roque: to build a more competitive,

asr-002406
01:27:47.200 --> 01:27:48.900
DTI Secretary Maria Cristina Aldeguer-Roque: innovative and inclusive

asr-002407
01:27:48.900 --> 01:27:51.360
DTI Secretary Maria Cristina Aldeguer-Roque: Philippine economy. Good afternoon

asr-002408
01:27:51.360 --> 01:27:52.240
DTI Secretary Maria Cristina Aldeguer-Roque: Senator

asr-002409
01:27:52.240 --> 01:27:54.700
DTI Secretary Maria Cristina Aldeguer-Roque: and Mr. Chair.

asr-002410
01:27:54.700 --> 01:27:56.800
Senator Paolo Benigno "Bam" Aquino IV: Thank you very much, Secretary.

asr-002411
01:27:56.960 --> 01:27:58.700
Senator Paolo Benigno "Bam" Aquino IV: So, thank you for your presentation.

asr-002412
01:27:59.420 --> 01:28:01.180
Senator Paolo Benigno "Bam" Aquino IV: I've handled the DTI budget

asr-002413
01:28:01.180 --> 01:28:02.360
Senator Paolo Benigno "Bam" Aquino IV: in the past and

asr-002414
01:28:02.360 --> 01:28:03.500
Senator Paolo Benigno "Bam" Aquino IV: sabi ko nga,

asr-002415
01:28:04.540 --> 01:28:07.120
Senator Paolo Benigno "Bam" Aquino IV: it's just too low, 10 billion.

asr-002416
01:28:07.420 --> 01:28:08.840
Senator Paolo Benigno "Bam" Aquino IV: I'll be handling the

asr-002417
01:28:08.840 --> 01:28:11.140
Senator Paolo Benigno "Bam" Aquino IV: DepEd budget in October. That's

asr-002418
01:28:11.140 --> 01:28:11.600
Senator Paolo Benigno "Bam" Aquino IV: almost

asr-002419
01:28:11.600 --> 01:28:14.780
Senator Paolo Benigno "Bam" Aquino IV: a trillion pesos, about

asr-002420
01:28:14.780 --> 01:28:16.860
Senator Paolo Benigno "Bam" Aquino IV: 100 times your budget. So, we really need

asr-002421
01:28:16.860 --> 01:28:18.500
Senator Paolo Benigno "Bam" Aquino IV: to increase your budget. But

asr-002422
01:28:18.500 --> 01:28:20.820
Senator Paolo Benigno "Bam" Aquino IV: before we go there, maybe I have

asr-002423
01:28:20.820 --> 01:28:23.040
Senator Paolo Benigno "Bam" Aquino IV: some questions that you can help us answer.

asr-002424
01:28:23.840 --> 01:28:24.540
Senator Paolo Benigno "Bam" Aquino IV: So, unang una,

asr-002425
01:28:24.540 --> 01:28:26.480
Senator Paolo Benigno "Bam" Aquino IV: we had talked offline

asr-002426
01:28:26.960 --> 01:28:29.120
Senator Paolo Benigno "Bam" Aquino IV: about increasing the budget for investment

asr-002427
01:28:29.120 --> 01:28:31.120
Senator Paolo Benigno "Bam" Aquino IV: promotion and trade fairs.

asr-002428
01:28:31.120 --> 01:28:33.120
Senator Paolo Benigno "Bam" Aquino IV: So, if we were to increase

asr-002429
01:28:33.120 --> 01:28:35.120
Senator Paolo Benigno "Bam" Aquino IV: that budget, where would it go?

asr-002430
01:28:35.120 --> 01:28:37.120
Senator Paolo Benigno "Bam" Aquino IV: Could we flash

asr-002431
01:28:37.120 --> 01:28:39.120
Senator Paolo Benigno "Bam" Aquino IV: the last slide, please?

asr-002432
01:28:39.120 --> 01:28:43.120
Senator Paolo Benigno "Bam" Aquino IV: Osek, probably, no?

asr-002433
01:28:43.120 --> 01:28:45.120
Senator Paolo Benigno "Bam" Aquino IV: Osek siya. Under what item

asr-002434
01:28:45.120 --> 01:28:47.120
Senator Paolo Benigno "Bam" Aquino IV: would we augment if we were

asr-002435
01:28:47.120 --> 01:28:49.120
Senator Paolo Benigno "Bam" Aquino IV: to promote or if we were to augment

asr-002436
01:28:49.120 --> 01:28:51.120
Senator Paolo Benigno "Bam" Aquino IV: the budget for trade fairs?

asr-002437
01:28:51.120 --> 01:28:53.120
DTI Secretary Maria Cristina Aldeguer-Roque: Export and investment

asr-002438
01:28:53.120 --> 01:28:55.120
DTI Secretary Maria Cristina Aldeguer-Roque: promotions and then

asr-002439
01:28:55.120 --> 01:28:56.460
DTI Secretary Maria Cristina Aldeguer-Roque: for the consumer.

asr-002442
01:28:56.460 --> 01:29:02.540
DTI Secretary Maria Cristina Aldeguer-Roque: Osek funds, in general.

asr-002444
01:29:04.460 --> 01:29:06.460
DTI Secretary Maria Cristina Aldeguer-Roque: Osek funds.

asr-002445
01:29:06.460 --> 01:29:08.460
DTI Secretary Maria Cristina Aldeguer-Roque: We put it in the Osek

asr-002446
01:29:08.460 --> 01:29:10.460
DTI Secretary Maria Cristina Aldeguer-Roque: funds here. Ito ba yan?

asr-002447
01:29:10.460 --> 01:29:12.460
DTI Secretary Maria Cristina Aldeguer-Roque: Yes.

asr-002448
01:29:12.460 --> 01:29:14.460
Senator Paolo Benigno "Bam" Aquino IV: We don't have a breakdown of the

asr-002449
01:29:14.460 --> 01:29:16.460
Senator Paolo Benigno "Bam" Aquino IV: Osek funds, no? Yung MOUE.

asr-002450
01:29:16.460 --> 01:29:18.460
Senator Paolo Benigno "Bam" Aquino IV: Is it there in the presentation?

asr-002451
01:29:18.460 --> 01:29:20.460
Senator Paolo Benigno "Bam" Aquino IV: Kung wala,

asr-002452
01:29:20.460 --> 01:29:22.460
Senator Paolo Benigno "Bam" Aquino IV: we can just take it offline before

asr-002453
01:29:22.460 --> 01:29:24.460
Senator Paolo Benigno "Bam" Aquino IV: the plenary. But definitely,

asr-002454
01:29:24.460 --> 01:29:26.460
Senator Paolo Benigno "Bam" Aquino IV: there is an item under Osek, which is a

asr-002455
01:29:26.460 --> 01:29:28.460
Senator Paolo Benigno "Bam" Aquino IV: export and trade promotion.

asr-002456
01:29:28.460 --> 01:29:30.460
DTI Secretary Maria Cristina Aldeguer-Roque: Investment promotion.

asr-002457
01:29:30.460 --> 01:29:32.460
Senator Paolo Benigno "Bam" Aquino IV: Investment promotion. So, currently,

asr-002458
01:29:32.460 --> 01:29:34.460
Senator Paolo Benigno "Bam" Aquino IV: how much money do we have

asr-002459
01:29:34.460 --> 01:29:36.460
Senator Paolo Benigno "Bam" Aquino IV: for trade fairs,

asr-002460
01:29:36.460 --> 01:29:38.460
Senator Paolo Benigno "Bam" Aquino IV: investment promotions?

asr-002461
01:29:38.460 --> 01:29:40.460
Senator Paolo Benigno "Bam" Aquino IV: What's the current

asr-002462
01:29:40.460 --> 01:29:42.460
Senator Paolo Benigno "Bam" Aquino IV: MOUE for that?

asr-002463
01:29:42.460 --> 01:29:44.460
Senator Paolo Benigno "Bam" Aquino IV: Hindi naman pwede yung PS kasi

asr-002464
01:29:44.460 --> 01:29:46.460
Senator Paolo Benigno "Bam" Aquino IV: that's plantilla, diba? But for the MOUE,

asr-002465
01:29:46.460 --> 01:29:48.460
Senator Paolo Benigno "Bam" Aquino IV: do we have

asr-002466
01:29:48.460 --> 01:29:50.460
Senator Paolo Benigno "Bam" Aquino IV: si Director Pearl can also

asr-002467
01:29:50.460 --> 01:29:52.460
Senator Paolo Benigno "Bam" Aquino IV: be the one to answer kung gusto niya po.

asr-002468
01:29:52.460 --> 01:29:54.460
Senator Paolo Benigno "Bam" Aquino IV: Okay.

asr-002469
01:29:54.460 --> 01:29:56.460
DTI Secretary Maria Cristina Aldeguer-Roque: Sige, I'll have

asr-002470
01:29:56.460 --> 01:29:58.460
DTI Secretary Maria Cristina Aldeguer-Roque: Director One.

asr-002471
01:29:58.460 --> 01:30:00.460
Senator Paolo Benigno "Bam" Aquino IV: Sige, go ahead.

asr-002472
01:30:03.300 --> 01:30:06.060
Senator Paolo Benigno "Bam" Aquino IV: Yes ma'am

asr-002473
01:30:06.060 --> 01:30:07.360
DTI Finance Service Director Maria Asuncion H. Cruzada: Good afternoon senator

asr-002474
01:30:07.360 --> 01:30:08.860
DTI Finance Service Director Maria Asuncion H. Cruzada: So for

asr-002475
01:30:08.860 --> 01:30:11.540
DTI Finance Service Director Maria Asuncion H. Cruzada: For the OSEC proper

asr-002476
01:30:11.540 --> 01:30:13.340
DTI Finance Service Director Maria Asuncion H. Cruzada: We have the

asr-002477
01:30:13.340 --> 01:30:15.320
DTI Finance Service Director Maria Asuncion H. Cruzada: OO1 for exports

asr-002478
01:30:15.320 --> 01:30:17.640
DTI Finance Service Director Maria Asuncion H. Cruzada: So we have right now a budget

asr-002479
01:30:17.640 --> 01:30:18.220
DTI Finance Service Director Maria Asuncion H. Cruzada: Of

asr-002480
01:30:18.220 --> 01:30:21.540
DTI Finance Service Director Maria Asuncion H. Cruzada: 997.3 million

asr-002481
01:30:21.540 --> 01:30:23.960
DTI Finance Service Director Maria Asuncion H. Cruzada: For 2026

asr-002482
01:30:23.960 --> 01:30:25.900
DTI Finance Service Director Maria Asuncion H. Cruzada: But it was reduced

asr-002483
01:30:25.900 --> 01:30:27.600
DTI Finance Service Director Maria Asuncion H. Cruzada: Under the 2027

asr-002484
01:30:27.600 --> 01:30:28.520
DTI Finance Service Director Maria Asuncion H. Cruzada: For 997

asr-002485
01:30:28.520 --> 01:30:31.200
DTI Finance Service Director Maria Asuncion H. Cruzada: For the trade fairs

asr-002486
01:30:31.200 --> 01:30:32.480
Senator Paolo Benigno "Bam" Aquino IV: Is it under that?

asr-002487
01:30:33.480 --> 01:30:33.940
DTI Finance Service Director Maria Asuncion H. Cruzada: It's under

asr-002488
01:30:33.940 --> 01:30:38.300
DTI Finance Service Director Maria Asuncion H. Cruzada: MSME development

asr-002489
01:30:38.300 --> 01:30:39.680
Senator Paolo Benigno "Bam" Aquino IV: Do you differentiate

asr-002490
01:30:39.680 --> 01:30:40.840
Senator Paolo Benigno "Bam" Aquino IV: Yung local trade fair

asr-002491
01:30:40.840 --> 01:30:42.140
Senator Paolo Benigno "Bam" Aquino IV: Tsaka international trade fair?

asr-002492
01:30:42.480 --> 01:30:44.700
Senator Paolo Benigno "Bam" Aquino IV: Or basta trade fair is under MSME development?

asr-002493
01:30:45.700 --> 01:30:46.720
DTI Finance Service Director Maria Asuncion H. Cruzada: So no po

asr-002494
01:30:46.720 --> 01:30:49.620
DTI Finance Service Director Maria Asuncion H. Cruzada: The local trade fairs

asr-002495
01:30:49.620 --> 01:30:51.160
DTI Finance Service Director Maria Asuncion H. Cruzada: Is under the MSME development

asr-002496
01:30:51.160 --> 01:30:53.580
DTI Finance Service Director Maria Asuncion H. Cruzada: But for international trade fairs

asr-002497
01:30:53.580 --> 01:30:55.140
DTI Finance Service Director Maria Asuncion H. Cruzada: Usually our SITEM

asr-002498
01:30:55.140 --> 01:30:56.180
DTI Finance Service Director Maria Asuncion H. Cruzada: Are the ones handling

asr-002499
01:30:56.180 --> 01:30:57.980
Senator Paolo Benigno "Bam" Aquino IV: So it's the budgets with SITEM

asr-002500
01:30:57.980 --> 01:30:58.900
Senator Paolo Benigno "Bam" Aquino IV: Okay

asr-002501
01:30:58.900 --> 01:31:00.140
DTI Secretary Maria Cristina Aldeguer-Roque: No senator

asr-002502
01:31:00.140 --> 01:31:01.200
DTI Secretary Maria Cristina Aldeguer-Roque: No not all

asr-002503
01:31:01.200 --> 01:31:04.080
DTI Secretary Maria Cristina Aldeguer-Roque: EMB has their own trade fairs

asr-002504
01:31:04.080 --> 01:31:04.920
DTI Secretary Maria Cristina Aldeguer-Roque: Which is 20

asr-002505
01:31:04.920 --> 01:31:06.260
DTI Secretary Maria Cristina Aldeguer-Roque: And then si SITEM

asr-002506
01:31:06.260 --> 01:31:07.240
DTI Secretary Maria Cristina Aldeguer-Roque: Meron din silang

asr-002507
01:31:07.240 --> 01:31:09.680
DTI Secretary Maria Cristina Aldeguer-Roque: Meron din sariling trade fair

asr-002508
01:31:09.680 --> 01:31:12.080
DTI Secretary Maria Cristina Aldeguer-Roque: So for the budget of

asr-002509
01:31:12.080 --> 01:31:13.140
DTI Secretary Maria Cristina Aldeguer-Roque: The 900

asr-002510
01:31:13.140 --> 01:31:15.380
DTI Secretary Maria Cristina Aldeguer-Roque: Ang kasama dun po

asr-002511
01:31:15.380 --> 01:31:17.980
DTI Secretary Maria Cristina Aldeguer-Roque: Is the 20 international trade fair

asr-002512
01:31:17.980 --> 01:31:20.200
DTI Secretary Maria Cristina Aldeguer-Roque: So we want sana to join

asr-002513
01:31:20.200 --> 01:31:21.380
DTI Secretary Maria Cristina Aldeguer-Roque: More trade fairs

asr-002514
01:31:21.380 --> 01:31:22.320
DTI Secretary Maria Cristina Aldeguer-Roque: So that we can

asr-002515
01:31:22.320 --> 01:31:23.980
Senator Paolo Benigno "Bam" Aquino IV: That's under OO1

asr-002516
01:31:23.980 --> 01:31:25.440
Senator Paolo Benigno "Bam" Aquino IV: Yes

asr-002517
01:31:25.440 --> 01:31:26.380
Senator Paolo Benigno "Bam" Aquino IV: Di naman zero yan

asr-002518
01:31:26.380 --> 01:31:27.360
Senator Paolo Benigno "Bam" Aquino IV: OO1 yan diba?

asr-002519
01:31:27.660 --> 01:31:27.820
Senator Paolo Benigno "Bam" Aquino IV: OO1?

asr-002520
01:31:27.820 --> 01:31:27.940
Senator Paolo Benigno "Bam" Aquino IV: OO1?

asr-002521
01:31:27.980 --> 01:31:29.680
Senator Paolo Benigno "Bam" Aquino IV: That's what you're referring to

asr-002522
01:31:29.680 --> 01:31:30.480
Senator Paolo Benigno "Bam" Aquino IV: Secretary Roque

asr-002523
01:31:30.480 --> 01:31:31.940
Senator Paolo Benigno "Bam" Aquino IV: Yes

asr-002524
01:31:31.940 --> 01:31:32.680
Senator Paolo Benigno "Bam" Aquino IV: Okay

asr-002525
01:31:32.680 --> 01:31:34.900
Senator Paolo Benigno "Bam" Aquino IV: So for everyone's information

asr-002526
01:31:34.900 --> 01:31:36.280
Senator Paolo Benigno "Bam" Aquino IV: We also

asr-002527
01:31:36.280 --> 01:31:39.540
Senator Paolo Benigno "Bam" Aquino IV: We've also filed a bill

asr-002528
01:31:39.540 --> 01:31:42.160
Senator Paolo Benigno "Bam" Aquino IV: On creating a

asr-002529
01:31:42.160 --> 01:31:44.400
Senator Paolo Benigno "Bam" Aquino IV: Philippine agency for the creative economy

asr-002530
01:31:44.400 --> 01:31:45.340
Senator Paolo Benigno "Bam" Aquino IV: Which can be

asr-002531
01:31:45.340 --> 01:31:48.060
Senator Paolo Benigno "Bam" Aquino IV: Which can give arms and legs to the

asr-002532
01:31:48.060 --> 01:31:49.920
Senator Paolo Benigno "Bam" Aquino IV: To the council

asr-002533
01:31:49.920 --> 01:31:51.360
Senator Paolo Benigno "Bam" Aquino IV: That was created previously

asr-002534
01:31:51.360 --> 01:31:53.920
Senator Paolo Benigno "Bam" Aquino IV: And the idea there is that

asr-002535
01:31:53.920 --> 01:31:56.000
Senator Paolo Benigno "Bam" Aquino IV: Similar to what Korea does

asr-002536
01:31:56.000 --> 01:31:56.700
Senator Paolo Benigno "Bam" Aquino IV: With their COCA

asr-002537
01:31:56.700 --> 01:31:57.900
Senator Paolo Benigno "Bam" Aquino IV: Is we have an agency

asr-002538
01:31:57.980 --> 01:31:59.180
Senator Paolo Benigno "Bam" Aquino IV: That supports

asr-002539
01:31:59.180 --> 01:32:01.000
Senator Paolo Benigno "Bam" Aquino IV: The creative economy abroad

asr-002540
01:32:01.000 --> 01:32:03.260
Senator Paolo Benigno "Bam" Aquino IV: So we just use the term

asr-002541
01:32:03.260 --> 01:32:04.920
Senator Paolo Benigno "Bam" Aquino IV: Trade fair loosely

asr-002542
01:32:04.920 --> 01:32:06.140
Senator Paolo Benigno "Bam" Aquino IV: It could actually be a fair

asr-002543
01:32:06.140 --> 01:32:08.480
Senator Paolo Benigno "Bam" Aquino IV: It could be other market opportunities

asr-002544
01:32:08.480 --> 01:32:09.700
Senator Paolo Benigno "Bam" Aquino IV: For our creative economy

asr-002545
01:32:09.700 --> 01:32:11.440
Senator Paolo Benigno "Bam" Aquino IV: So we're supporting that here

asr-002546
01:32:11.440 --> 01:32:13.180
Senator Paolo Benigno "Bam" Aquino IV: Secretary Roque is also very supportive

asr-002547
01:32:13.180 --> 01:32:15.280
Senator Paolo Benigno "Bam" Aquino IV: But of course as you know

asr-002548
01:32:15.280 --> 01:32:17.700
Senator Paolo Benigno "Bam" Aquino IV: A bill will probably take a year to pass

asr-002549
01:32:17.700 --> 01:32:18.840
Senator Paolo Benigno "Bam" Aquino IV: And to get implemented

asr-002550
01:32:18.840 --> 01:32:21.160
Senator Paolo Benigno "Bam" Aquino IV: But maybe we can start already

asr-002551
01:32:21.160 --> 01:32:23.740
Senator Paolo Benigno "Bam" Aquino IV: By augmenting certain budgets

asr-002552
01:32:23.740 --> 01:32:26.160
Senator Paolo Benigno "Bam" Aquino IV: To be able to create some space

asr-002553
01:32:26.160 --> 01:32:27.260
Senator Paolo Benigno "Bam" Aquino IV: Some fiscal space

asr-002554
01:32:27.260 --> 01:32:27.820
Senator Paolo Benigno "Bam" Aquino IV: For

asr-002555
01:32:27.820 --> 01:32:29.300
Senator Paolo Benigno "Bam" Aquino IV: Filipino artists

asr-002556
01:32:29.300 --> 01:32:30.380
Senator Paolo Benigno "Bam" Aquino IV: Or creatives

asr-002557
01:32:30.380 --> 01:32:31.560
Senator Paolo Benigno "Bam" Aquino IV: As they go abroad

asr-002558
01:32:31.560 --> 01:32:33.260
Senator Paolo Benigno "Bam" Aquino IV: So we're very interested

asr-002559
01:32:33.260 --> 01:32:34.260
Senator Paolo Benigno "Bam" Aquino IV: To support that

asr-002560
01:32:34.260 --> 01:32:36.380
Senator Paolo Benigno "Bam" Aquino IV: To see where it's in the current

asr-002561
01:32:36.380 --> 01:32:37.380
Senator Paolo Benigno "Bam" Aquino IV: Setup

asr-002562
01:32:37.380 --> 01:32:38.600
Senator Paolo Benigno "Bam" Aquino IV: And if need be

asr-002563
01:32:38.600 --> 01:32:39.620
Senator Paolo Benigno "Bam" Aquino IV: To augment it further

asr-002564
01:32:39.620 --> 01:32:42.440
Senator Paolo Benigno "Bam" Aquino IV: So

asr-002565
01:32:42.440 --> 01:32:44.640
Senator Paolo Benigno "Bam" Aquino IV: We can just talk

asr-002566
01:32:44.640 --> 01:32:47.600
Senator Paolo Benigno "Bam" Aquino IV: Separately

asr-002567
01:32:47.600 --> 01:32:48.140
Senator Paolo Benigno "Bam" Aquino IV: Siguro

asr-002568
01:32:48.140 --> 01:32:49.680
Senator Paolo Benigno "Bam" Aquino IV: SITEM I think supports

asr-002569
01:32:49.680 --> 01:32:50.560
Senator Paolo Benigno "Bam" Aquino IV: With the booths

asr-002570
01:32:50.560 --> 01:32:50.740
Senator Paolo Benigno "Bam" Aquino IV: Diba

asr-002571
01:32:50.740 --> 01:32:52.040
Senator Paolo Benigno "Bam" Aquino IV: But this is

asr-002572
01:32:52.040 --> 01:32:53.220
Senator Paolo Benigno "Bam" Aquino IV: Not necessarily

asr-002573
01:32:53.220 --> 01:32:55.260
Senator Paolo Benigno "Bam" Aquino IV: Strictly a trade fair

asr-002574
01:32:55.260 --> 01:32:57.340
Senator Paolo Benigno "Bam" Aquino IV: But exploring other opportunities

asr-002575
01:32:57.340 --> 01:32:57.800
Senator Paolo Benigno "Bam" Aquino IV: For

asr-002576
01:32:57.820 --> 01:32:59.100
Senator Paolo Benigno "Bam" Aquino IV: Philippine products

asr-002577
01:32:59.100 --> 01:33:00.560
Senator Paolo Benigno "Bam" Aquino IV: And artists also

asr-002578
01:33:00.560 --> 01:33:02.740
Senator Paolo Benigno "Bam" Aquino IV: I know that the creative economy

asr-002579
01:33:02.740 --> 01:33:03.560
Senator Paolo Benigno "Bam" Aquino IV: Is also a pillar

asr-002580
01:33:03.560 --> 01:33:04.900
Senator Paolo Benigno "Bam" Aquino IV: Diba that we want to pursue

asr-002581
01:33:04.900 --> 01:33:07.500
Senator Paolo Benigno "Bam" Aquino IV: So we can talk offline na lang

asr-002582
01:33:07.500 --> 01:33:09.080
Senator Paolo Benigno "Bam" Aquino IV: On where to put it

asr-002583
01:33:09.080 --> 01:33:10.540
Senator Paolo Benigno "Bam" Aquino IV: If we were to support this

asr-002584
01:33:10.540 --> 01:33:12.920
Senator Paolo Benigno "Bam" Aquino IV: Before the law is passed

asr-002585
01:33:12.920 --> 01:33:14.660
Senator Paolo Benigno "Bam" Aquino IV: So I'm assuming we can get this passed

asr-002586
01:33:14.660 --> 01:33:15.300
Senator Paolo Benigno "Bam" Aquino IV: Next year

asr-002587
01:33:15.300 --> 01:33:17.140
Senator Paolo Benigno "Bam" Aquino IV: So even before that

asr-002588
01:33:17.140 --> 01:33:18.900
Senator Paolo Benigno "Bam" Aquino IV: Baka we can already start supporting

asr-002589
01:33:18.900 --> 01:33:20.680
Senator Paolo Benigno "Bam" Aquino IV: Our artists and creatives

asr-002590
01:33:20.680 --> 01:33:24.200
Senator Paolo Benigno "Bam" Aquino IV: But off the top of your head

asr-002591
01:33:24.200 --> 01:33:24.740
Senator Paolo Benigno "Bam" Aquino IV: Secretary

asr-002592
01:33:24.740 --> 01:33:27.220
Senator Paolo Benigno "Bam" Aquino IV: Where would it be good to augment

asr-002593
01:33:27.220 --> 01:33:27.800
Senator Paolo Benigno "Bam" Aquino IV: With science?

asr-002594
01:33:27.820 --> 01:33:28.200
Senator Paolo Benigno "Bam" Aquino IV: With SITEM

asr-002595
01:33:28.200 --> 01:33:29.360
Senator Paolo Benigno "Bam" Aquino IV: Or with OO1

asr-002596
01:33:29.360 --> 01:33:30.260
Senator Paolo Benigno "Bam" Aquino IV: Or with OO3

asr-002597
01:33:30.260 --> 01:33:32.040
Senator Paolo Benigno "Bam" Aquino IV: If the goal is to support

asr-002598
01:33:32.040 --> 01:33:36.100
Senator Paolo Benigno "Bam" Aquino IV: And their

asr-002599
01:33:36.100 --> 01:33:38.100
Senator Paolo Benigno "Bam" Aquino IV: Their introduction

asr-002600
01:33:38.100 --> 01:33:39.660
Senator Paolo Benigno "Bam" Aquino IV: Or their support for them

asr-002601
01:33:39.660 --> 01:33:40.620
Senator Paolo Benigno "Bam" Aquino IV: As they go global

asr-002602
01:33:40.620 --> 01:33:43.040
Senator Paolo Benigno "Bam" Aquino IV: So where could we put it po kaya?

asr-002603
01:33:44.040 --> 01:33:45.220
DTI Secretary Maria Cristina Aldeguer-Roque: Thank you for that

asr-002604
01:33:45.220 --> 01:33:46.080
DTI Secretary Maria Cristina Aldeguer-Roque: Honorable Senator

asr-002605
01:33:46.080 --> 01:33:47.120
DTI Secretary Maria Cristina Aldeguer-Roque: Actually

asr-002606
01:33:47.120 --> 01:33:48.780
DTI Secretary Maria Cristina Aldeguer-Roque: In OO1

asr-002607
01:33:48.780 --> 01:33:49.560
DTI Secretary Maria Cristina Aldeguer-Roque: Because

asr-002608
01:33:49.560 --> 01:33:51.360
DTI Secretary Maria Cristina Aldeguer-Roque: Hawak ng DTI

asr-002609
01:33:51.360 --> 01:33:52.980
DTI Secretary Maria Cristina Aldeguer-Roque: So when we promote the products

asr-002610
01:33:52.980 --> 01:33:53.980
DTI Secretary Maria Cristina Aldeguer-Roque: We can also promote

asr-002611
01:33:53.980 --> 01:33:55.140
DTI Secretary Maria Cristina Aldeguer-Roque: The creative economy

asr-002612
01:33:55.140 --> 01:33:56.780
DTI Secretary Maria Cristina Aldeguer-Roque: International

asr-002613
01:33:56.780 --> 01:33:57.460
DTI Secretary Maria Cristina Aldeguer-Roque: Kasi now

asr-002614
01:33:57.460 --> 01:33:58.880
DTI Secretary Maria Cristina Aldeguer-Roque: The budget given to us

asr-002615
01:33:58.880 --> 01:33:59.720
DTI Secretary Maria Cristina Aldeguer-Roque: Is 50 million

asr-002616
01:33:59.720 --> 01:34:00.980
DTI Secretary Maria Cristina Aldeguer-Roque: For the creative industry

asr-002617
01:34:00.980 --> 01:34:01.380
DTI Secretary Maria Cristina Aldeguer-Roque: So

asr-002618
01:34:01.380 --> 01:34:03.340
DTI Secretary Maria Cristina Aldeguer-Roque: Yes

asr-002619
01:34:03.340 --> 01:34:04.320
Senator Paolo Benigno "Bam" Aquino IV: We need to augment that

asr-002620
01:34:04.320 --> 01:34:06.220
Senator Paolo Benigno "Bam" Aquino IV: So the idea po dyan

asr-002621
01:34:06.220 --> 01:34:07.320
Senator Paolo Benigno "Bam" Aquino IV: If I may just share

asr-002622
01:34:07.320 --> 01:34:08.280
Senator Paolo Benigno "Bam" Aquino IV: And

asr-002623
01:34:08.280 --> 01:34:09.980
Senator Paolo Benigno "Bam" Aquino IV: Obviously when we have the hearings

asr-002624
01:34:09.980 --> 01:34:11.240
Senator Paolo Benigno "Bam" Aquino IV: DTI will be

asr-002625
01:34:11.240 --> 01:34:12.220
Senator Paolo Benigno "Bam" Aquino IV: Will be there

asr-002626
01:34:12.220 --> 01:34:13.620
Senator Paolo Benigno "Bam" Aquino IV: Because it will be an attached

asr-002627
01:34:13.620 --> 01:34:14.820
Senator Paolo Benigno "Bam" Aquino IV: Agency to DTI

asr-002628
01:34:14.820 --> 01:34:15.920
Senator Paolo Benigno "Bam" Aquino IV: So again

asr-002629
01:34:15.920 --> 01:34:16.800
Senator Paolo Benigno "Bam" Aquino IV: The idea is

asr-002630
01:34:16.800 --> 01:34:18.160
Senator Paolo Benigno "Bam" Aquino IV: To have

asr-002631
01:34:18.160 --> 01:34:19.800
Senator Paolo Benigno "Bam" Aquino IV: A similar agency

asr-002632
01:34:19.800 --> 01:34:20.500
Senator Paolo Benigno "Bam" Aquino IV: To what

asr-002633
01:34:20.500 --> 01:34:22.080
Senator Paolo Benigno "Bam" Aquino IV: Korea had

asr-002634
01:34:22.080 --> 01:34:23.220
Senator Paolo Benigno "Bam" Aquino IV: Which is KOKA

asr-002635
01:34:23.220 --> 01:34:24.340
Senator Paolo Benigno "Bam" Aquino IV: Which is the

asr-002636
01:34:24.340 --> 01:34:26.040
Senator Paolo Benigno "Bam" Aquino IV: Korean Creative Content Agency

asr-002637
01:34:26.040 --> 01:34:27.440
Senator Paolo Benigno "Bam" Aquino IV: This is a

asr-002638
01:34:27.460 --> 01:34:28.080
Senator Paolo Benigno "Bam" Aquino IV: This agency

asr-002639
01:34:28.080 --> 01:34:29.620
Senator Paolo Benigno "Bam" Aquino IV: Many many years ago

asr-002640
01:34:29.620 --> 01:34:30.460
Senator Paolo Benigno "Bam" Aquino IV: Like decades ago

asr-002641
01:34:30.460 --> 01:34:31.740
Senator Paolo Benigno "Bam" Aquino IV: Started really

asr-002642
01:34:31.740 --> 01:34:33.340
Senator Paolo Benigno "Bam" Aquino IV: Identifying

asr-002643
01:34:33.340 --> 01:34:34.720
Senator Paolo Benigno "Bam" Aquino IV: Where the

asr-002644
01:34:34.720 --> 01:34:36.160
Senator Paolo Benigno "Bam" Aquino IV: Korean creative

asr-002645
01:34:36.160 --> 01:34:37.980
Senator Paolo Benigno "Bam" Aquino IV: Economy

asr-002646
01:34:37.980 --> 01:34:38.720
Senator Paolo Benigno "Bam" Aquino IV: Could go

asr-002647
01:34:38.720 --> 01:34:40.120
Senator Paolo Benigno "Bam" Aquino IV: And they identified

asr-002648
01:34:40.120 --> 01:34:40.740
Senator Paolo Benigno "Bam" Aquino IV: The

asr-002649
01:34:40.740 --> 01:34:41.600
Senator Paolo Benigno "Bam" Aquino IV: K-pop

asr-002650
01:34:41.600 --> 01:34:43.100
Senator Paolo Benigno "Bam" Aquino IV: Korean novellas

asr-002651
01:34:43.100 --> 01:34:44.940
Senator Paolo Benigno "Bam" Aquino IV: And even until today

asr-002652
01:34:44.940 --> 01:34:45.960
Senator Paolo Benigno "Bam" Aquino IV: When they

asr-002653
01:34:45.960 --> 01:34:47.460
Senator Paolo Benigno "Bam" Aquino IV: Quote unquote

asr-002654
01:34:47.460 --> 01:34:48.120
Senator Paolo Benigno "Bam" Aquino IV: Export

asr-002655
01:34:48.120 --> 01:34:49.360
Senator Paolo Benigno "Bam" Aquino IV: Their creative

asr-002656
01:34:49.360 --> 01:34:52.140
Senator Paolo Benigno "Bam" Aquino IV: Their creative economy

asr-002657
01:34:52.140 --> 01:34:54.520
Senator Paolo Benigno "Bam" Aquino IV: That agency is behind everything

asr-002658
01:34:54.520 --> 01:34:55.180
Senator Paolo Benigno "Bam" Aquino IV: And

asr-002659
01:34:55.180 --> 01:34:57.160
Senator Paolo Benigno "Bam" Aquino IV: They've created

asr-002660
01:34:57.160 --> 01:34:57.820
Senator Paolo Benigno "Bam" Aquino IV: Inroads

asr-002661
01:34:57.820 --> 01:35:00.100
Senator Paolo Benigno "Bam" Aquino IV: In terms of market opportunities abroad

asr-002662
01:35:00.100 --> 01:35:02.000
Senator Paolo Benigno "Bam" Aquino IV: But they've also organized

asr-002663
01:35:02.000 --> 01:35:03.940
Senator Paolo Benigno "Bam" Aquino IV: Their creative economy

asr-002664
01:35:03.940 --> 01:35:06.440
Senator Paolo Benigno "Bam" Aquino IV: To focus on certain things also

asr-002665
01:35:06.440 --> 01:35:06.940
Senator Paolo Benigno "Bam" Aquino IV: Para

asr-002666
01:35:06.940 --> 01:35:08.480
Senator Paolo Benigno "Bam" Aquino IV: May efficiency rin sila

asr-002667
01:35:08.480 --> 01:35:09.960
Senator Paolo Benigno "Bam" Aquino IV: And I remember

asr-002668
01:35:09.960 --> 01:35:11.320
Senator Paolo Benigno "Bam" Aquino IV: Before joining politics

asr-002669
01:35:11.320 --> 01:35:12.160
Senator Paolo Benigno "Bam" Aquino IV: This was probably

asr-002670
01:35:12.160 --> 01:35:15.520
Senator Paolo Benigno "Bam" Aquino IV: 2012 or 2011

asr-002671
01:35:15.520 --> 01:35:17.580
Senator Paolo Benigno "Bam" Aquino IV: I was in an international forum

asr-002672
01:35:17.580 --> 01:35:20.160
Senator Paolo Benigno "Bam" Aquino IV: Where the Korean Prime Minister

asr-002673
01:35:20.160 --> 01:35:21.020
Senator Paolo Benigno "Bam" Aquino IV: At that time

asr-002674
01:35:21.020 --> 01:35:22.620
Senator Paolo Benigno "Bam" Aquino IV: Talked about how

asr-002675
01:35:22.620 --> 01:35:23.600
Senator Paolo Benigno "Bam" Aquino IV: The creative economy

asr-002676
01:35:23.600 --> 01:35:24.540
Senator Paolo Benigno "Bam" Aquino IV: Was one of their pillars

asr-002677
01:35:24.540 --> 01:35:26.040
Senator Paolo Benigno "Bam" Aquino IV: How they created this agency

asr-002678
01:35:26.040 --> 01:35:26.940
Senator Paolo Benigno "Bam" Aquino IV: To support that

asr-002679
01:35:27.160 --> 01:35:28.700
Senator Paolo Benigno "Bam" Aquino IV: And lo and behold

asr-002680
01:35:28.700 --> 01:35:30.420
Senator Paolo Benigno "Bam" Aquino IV: 14 years later

asr-002681
01:35:30.420 --> 01:35:31.340
Senator Paolo Benigno "Bam" Aquino IV: You've got

asr-002682
01:35:31.340 --> 01:35:32.560
Senator Paolo Benigno "Bam" Aquino IV: K-pop

asr-002683
01:35:32.560 --> 01:35:33.800
Senator Paolo Benigno "Bam" Aquino IV: The Korean novellas

asr-002684
01:35:33.800 --> 01:35:34.360
Senator Paolo Benigno "Bam" Aquino IV: And all of that

asr-002685
01:35:34.360 --> 01:35:34.600
Senator Paolo Benigno "Bam" Aquino IV: So

asr-002686
01:35:34.600 --> 01:35:35.580
Senator Paolo Benigno "Bam" Aquino IV: Hindi yun luck

asr-002687
01:35:35.580 --> 01:35:36.460
Senator Paolo Benigno "Bam" Aquino IV: They really

asr-002688
01:35:36.460 --> 01:35:37.600
Senator Paolo Benigno "Bam" Aquino IV: Programmed it

asr-002689
01:35:37.600 --> 01:35:38.220
Senator Paolo Benigno "Bam" Aquino IV: They

asr-002690
01:35:38.220 --> 01:35:39.640
Senator Paolo Benigno "Bam" Aquino IV: They planned for it

asr-002691
01:35:39.640 --> 01:35:40.700
Senator Paolo Benigno "Bam" Aquino IV: They supported it

asr-002692
01:35:40.700 --> 01:35:41.720
Senator Paolo Benigno "Bam" Aquino IV: And now

asr-002693
01:35:41.720 --> 01:35:42.780
Senator Paolo Benigno "Bam" Aquino IV: It's such a huge part

asr-002694
01:35:42.780 --> 01:35:43.320
Senator Paolo Benigno "Bam" Aquino IV: Of their

asr-002695
01:35:43.320 --> 01:35:44.040
Senator Paolo Benigno "Bam" Aquino IV: Economy

asr-002696
01:35:44.040 --> 01:35:45.920
Senator Paolo Benigno "Bam" Aquino IV: So we want to say

asr-002697
01:35:45.920 --> 01:35:46.740
Senator Paolo Benigno "Bam" Aquino IV: Something similar

asr-002698
01:35:46.740 --> 01:35:47.380
Senator Paolo Benigno "Bam" Aquino IV: Initially

asr-002699
01:35:47.380 --> 01:35:48.640
Senator Paolo Benigno "Bam" Aquino IV: It can still be changed

asr-002700
01:35:48.640 --> 01:35:50.040
Senator Paolo Benigno "Bam" Aquino IV: But the idea that we had

asr-002701
01:35:50.040 --> 01:35:50.340
Senator Paolo Benigno "Bam" Aquino IV: Was

asr-002702
01:35:50.340 --> 01:35:51.280
Senator Paolo Benigno "Bam" Aquino IV: To create

asr-002703
01:35:51.280 --> 01:35:51.840
Senator Paolo Benigno "Bam" Aquino IV: PACE

asr-002704
01:35:51.840 --> 01:35:52.960
Senator Paolo Benigno "Bam" Aquino IV: The Philippine Agency

asr-002705
01:35:52.960 --> 01:35:54.120
Senator Paolo Benigno "Bam" Aquino IV: For the Creative Economy

asr-002706
01:35:54.120 --> 01:35:55.720
Senator Paolo Benigno "Bam" Aquino IV: I know that there's

asr-002707
01:35:55.720 --> 01:35:56.940
Senator Paolo Benigno "Bam" Aquino IV: A Creative Economy Council

asr-002708
01:35:56.940 --> 01:35:57.380
Senator Paolo Benigno "Bam" Aquino IV: Already

asr-002709
01:35:57.380 --> 01:35:59.020
Senator Paolo Benigno "Bam" Aquino IV: And the Council

asr-002710
01:35:59.020 --> 01:35:59.700
Senator Paolo Benigno "Bam" Aquino IV: I think is

asr-002711
01:35:59.700 --> 01:36:01.100
Senator Paolo Benigno "Bam" Aquino IV: Very top level

asr-002712
01:36:01.100 --> 01:36:02.160
Senator Paolo Benigno "Bam" Aquino IV: So maganda

asr-002713
01:36:02.160 --> 01:36:03.240
Senator Paolo Benigno "Bam" Aquino IV: To have arms and legs

asr-002714
01:36:03.240 --> 01:36:04.180
Senator Paolo Benigno "Bam" Aquino IV: To this agency

asr-002715
01:36:04.180 --> 01:36:05.160
Senator Paolo Benigno "Bam" Aquino IV: And

asr-002716
01:36:05.160 --> 01:36:07.280
Senator Paolo Benigno "Bam" Aquino IV: We're hoping that

asr-002717
01:36:07.280 --> 01:36:09.240
Senator Paolo Benigno "Bam" Aquino IV: Next year

asr-002718
01:36:09.240 --> 01:36:09.980
Senator Paolo Benigno "Bam" Aquino IV: We can probably

asr-002719
01:36:09.980 --> 01:36:10.760
Senator Paolo Benigno "Bam" Aquino IV: Tackle this

asr-002720
01:36:10.760 --> 01:36:11.520
Senator Paolo Benigno "Bam" Aquino IV: But

asr-002721
01:36:11.520 --> 01:36:12.600
Senator Paolo Benigno "Bam" Aquino IV: As of today

asr-002722
01:36:12.600 --> 01:36:13.940
Senator Paolo Benigno "Bam" Aquino IV: Or as of next year's budget

asr-002723
01:36:13.940 --> 01:36:14.920
Senator Paolo Benigno "Bam" Aquino IV: Baka we can already

asr-002724
01:36:14.920 --> 01:36:15.920
Senator Paolo Benigno "Bam" Aquino IV: Start supporting

asr-002725
01:36:15.920 --> 01:36:17.960
Senator Paolo Benigno "Bam" Aquino IV: Our creative economy

asr-002726
01:36:17.960 --> 01:36:19.540
Senator Paolo Benigno "Bam" Aquino IV: In the global scene

asr-002727
01:36:19.540 --> 01:36:20.640
Senator Paolo Benigno "Bam" Aquino IV: So actually

asr-002728
01:36:20.640 --> 01:36:21.760
Senator Paolo Benigno "Bam" Aquino IV: Even this week

asr-002729
01:36:21.760 --> 01:36:22.520
Senator Paolo Benigno "Bam" Aquino IV: We've got

asr-002730
01:36:22.520 --> 01:36:24.140
Senator Paolo Benigno "Bam" Aquino IV: SB19

asr-002731
01:36:24.140 --> 01:36:24.860
Senator Paolo Benigno "Bam" Aquino IV: Beanie

asr-002732
01:36:24.860 --> 01:36:25.960
Senator Paolo Benigno "Bam" Aquino IV: Forgotten Island

asr-002733
01:36:25.960 --> 01:36:26.920
Senator Paolo Benigno "Bam" Aquino IV: So much Ube

asr-002734
01:36:26.920 --> 01:36:28.140
Senator Paolo Benigno "Bam" Aquino IV: Everywhere in the world

asr-002735
01:36:28.140 --> 01:36:28.880
Senator Paolo Benigno "Bam" Aquino IV: Parang

asr-002736
01:36:28.880 --> 01:36:30.340
Senator Paolo Benigno "Bam" Aquino IV: So many opportunities

asr-002737
01:36:30.340 --> 01:36:31.720
Senator Paolo Benigno "Bam" Aquino IV: To promote

asr-002738
01:36:31.720 --> 01:36:32.700
Senator Paolo Benigno "Bam" Aquino IV: Our products

asr-002739
01:36:32.700 --> 01:36:33.300
Senator Paolo Benigno "Bam" Aquino IV: Our culture

asr-002740
01:36:33.300 --> 01:36:34.140
Senator Paolo Benigno "Bam" Aquino IV: Our creatives

asr-002741
01:36:34.140 --> 01:36:35.020
Senator Paolo Benigno "Bam" Aquino IV: And

asr-002742
01:36:35.020 --> 01:36:36.280
Senator Paolo Benigno "Bam" Aquino IV: To be honest

asr-002743
01:36:36.280 --> 01:36:37.380
Senator Paolo Benigno "Bam" Aquino IV: Many of these artists

asr-002744
01:36:37.380 --> 01:36:37.960
Senator Paolo Benigno "Bam" Aquino IV: Who of course

asr-002745
01:36:37.960 --> 01:36:39.260
Senator Paolo Benigno "Bam" Aquino IV: Come to our office also

asr-002746
01:36:39.260 --> 01:36:40.620
Senator Paolo Benigno "Bam" Aquino IV: Yung pakiramdam nila

asr-002747
01:36:40.620 --> 01:36:41.860
Senator Paolo Benigno "Bam" Aquino IV: Is that when they go abroad

asr-002748
01:36:41.860 --> 01:36:42.820
Senator Paolo Benigno "Bam" Aquino IV: They're on their own

asr-002749
01:36:42.820 --> 01:36:44.960
Senator Paolo Benigno "Bam" Aquino IV: Walang sumusuporta

asr-002750
01:36:44.960 --> 01:36:46.280
Senator Paolo Benigno "Bam" Aquino IV: Wala silang matawagan

asr-002751
01:36:46.280 --> 01:36:47.040
Senator Paolo Benigno "Bam" Aquino IV: Kung may mangyaring

asr-002752
01:36:47.040 --> 01:36:47.540
Senator Paolo Benigno "Bam" Aquino IV: Masama

asr-002753
01:36:47.540 --> 01:36:48.520
Senator Paolo Benigno "Bam" Aquino IV: And

asr-002754
01:36:48.520 --> 01:36:50.160
Senator Paolo Benigno "Bam" Aquino IV: There's so much opportunity

asr-002755
01:36:50.160 --> 01:36:51.380
Senator Paolo Benigno "Bam" Aquino IV: That we can do together

asr-002756
01:36:51.380 --> 01:36:52.420
Senator Paolo Benigno "Bam" Aquino IV: And again

asr-002757
01:36:52.420 --> 01:36:53.180
Senator Paolo Benigno "Bam" Aquino IV: The Secretary and I

asr-002758
01:36:53.180 --> 01:36:54.000
Senator Paolo Benigno "Bam" Aquino IV: Have talked offline

asr-002759
01:36:54.000 --> 01:36:54.860
Senator Paolo Benigno "Bam" Aquino IV: That this is something

asr-002760
01:36:54.860 --> 01:36:55.700
Senator Paolo Benigno "Bam" Aquino IV: We can pursue

asr-002761
01:36:55.700 --> 01:36:56.680
Senator Paolo Benigno "Bam" Aquino IV: Moving forward

asr-002762
01:36:56.920 --> 01:36:57.660
Senator Paolo Benigno "Bam" Aquino IV: So

asr-002763
01:36:57.660 --> 01:36:59.800
Senator Paolo Benigno "Bam" Aquino IV: We have the beginnings

asr-002764
01:36:59.800 --> 01:37:00.820
Senator Paolo Benigno "Bam" Aquino IV: Of that with the bill

asr-002765
01:37:00.820 --> 01:37:01.700
Senator Paolo Benigno "Bam" Aquino IV: But

asr-002766
01:37:01.700 --> 01:37:02.820
Senator Paolo Benigno "Bam" Aquino IV: Hopefully

asr-002767
01:37:02.820 --> 01:37:03.800
Senator Paolo Benigno "Bam" Aquino IV: We can see something

asr-002768
01:37:03.800 --> 01:37:04.820
Senator Paolo Benigno "Bam" Aquino IV: Already in the budget

asr-002769
01:37:04.820 --> 01:37:05.560
Senator Paolo Benigno "Bam" Aquino IV: Next year

asr-002770
01:37:05.560 --> 01:37:07.060
Senator Paolo Benigno "Bam" Aquino IV: So that's my first agenda

asr-002771
01:37:07.060 --> 01:37:08.560
Senator Paolo Benigno "Bam" Aquino IV: Second agenda

asr-002772
01:37:08.560 --> 01:37:10.560
Senator Paolo Benigno "Bam" Aquino IV: MSMEs

asr-002773
01:37:10.560 --> 01:37:11.320
Senator Paolo Benigno "Bam" Aquino IV: So

asr-002774
01:37:11.320 --> 01:37:12.680
Senator Paolo Benigno "Bam" Aquino IV: As many of you know

asr-002775
01:37:12.680 --> 01:37:13.840
Senator Paolo Benigno "Bam" Aquino IV: Since marami ko sa inyo

asr-002776
01:37:13.840 --> 01:37:15.240
Senator Paolo Benigno "Bam" Aquino IV: Matagal na rin sa DTI

asr-002777
01:37:15.240 --> 01:37:16.780
Senator Paolo Benigno "Bam" Aquino IV: Si Yusek Rodolfo

asr-002778
01:37:16.780 --> 01:37:17.200
Senator Paolo Benigno "Bam" Aquino IV: Is there

asr-002779
01:37:17.200 --> 01:37:20.800
Senator Paolo Benigno "Bam" Aquino IV: In my first term

asr-002780
01:37:20.800 --> 01:37:21.880
Senator Paolo Benigno "Bam" Aquino IV: We supported the

asr-002781
01:37:21.880 --> 01:37:22.780
Senator Paolo Benigno "Bam" Aquino IV: Go Negosyo Act

asr-002782
01:37:22.780 --> 01:37:23.480
Senator Paolo Benigno "Bam" Aquino IV: Which created the

asr-002783
01:37:23.480 --> 01:37:24.260
Senator Paolo Benigno "Bam" Aquino IV: Negosyo Centers

asr-002784
01:37:24.260 --> 01:37:25.860
Senator Paolo Benigno "Bam" Aquino IV: And we wanna see

asr-002785
01:37:25.860 --> 01:37:26.820
Senator Paolo Benigno "Bam" Aquino IV: More support for

asr-002786
01:37:26.820 --> 01:37:27.540
Senator Paolo Benigno "Bam" Aquino IV: Our MSMEs

asr-002787
01:37:27.540 --> 01:37:28.100
Senator Paolo Benigno "Bam" Aquino IV: So unang una

asr-002788
01:37:28.100 --> 01:37:29.120
Senator Paolo Benigno "Bam" Aquino IV: The MS

asr-002789
01:37:29.120 --> 01:37:30.080
Senator Paolo Benigno "Bam" Aquino IV: The Negosyo Center

asr-002790
01:37:30.080 --> 01:37:30.900
Senator Paolo Benigno "Bam" Aquino IV: Online project

asr-002791
01:37:30.900 --> 01:37:31.760
Senator Paolo Benigno "Bam" Aquino IV: I think is something

asr-002792
01:37:31.760 --> 01:37:32.400
Senator Paolo Benigno "Bam" Aquino IV: Really

asr-002793
01:37:32.400 --> 01:37:33.640
Senator Paolo Benigno "Bam" Aquino IV: Something important

asr-002794
01:37:33.640 --> 01:37:34.680
Senator Paolo Benigno "Bam" Aquino IV: That we can support

asr-002795
01:37:34.680 --> 01:37:36.800
Senator Paolo Benigno "Bam" Aquino IV: As we all know

asr-002796
01:37:36.800 --> 01:37:39.080
Senator Paolo Benigno "Bam" Aquino IV: 70% of the concerns

asr-002797
01:37:39.080 --> 01:37:40.060
Senator Paolo Benigno "Bam" Aquino IV: At the Negosyo Center

asr-002798
01:37:40.060 --> 01:37:41.040
Senator Paolo Benigno "Bam" Aquino IV: Is really information

asr-002799
01:37:41.040 --> 01:37:42.120
Senator Paolo Benigno "Bam" Aquino IV: And

asr-002800
01:37:42.120 --> 01:37:43.180
Senator Paolo Benigno "Bam" Aquino IV: When we first

asr-002801
01:37:43.180 --> 01:37:43.980
Senator Paolo Benigno "Bam" Aquino IV: Did that law

asr-002802
01:37:43.980 --> 01:37:44.840
Senator Paolo Benigno "Bam" Aquino IV: It was 2014

asr-002803
01:37:44.840 --> 01:37:46.700
Senator Paolo Benigno "Bam" Aquino IV: So 12 years ago

asr-002804
01:37:46.700 --> 01:37:47.500
Senator Paolo Benigno "Bam" Aquino IV: And

asr-002805
01:37:47.500 --> 01:37:49.280
Senator Paolo Benigno "Bam" Aquino IV: The idea of having

asr-002806
01:37:49.280 --> 01:37:50.460
Senator Paolo Benigno "Bam" Aquino IV: A brick and mortar place

asr-002807
01:37:50.460 --> 01:37:51.440
Senator Paolo Benigno "Bam" Aquino IV: For our MSMEs

asr-002808
01:37:51.440 --> 01:37:52.040
Senator Paolo Benigno "Bam" Aquino IV: To go to

asr-002809
01:37:52.040 --> 01:37:53.880
Senator Paolo Benigno "Bam" Aquino IV: Is important

asr-002810
01:37:53.880 --> 01:37:54.660
Senator Paolo Benigno "Bam" Aquino IV: Kasi kailangan

asr-002811
01:37:54.660 --> 01:37:55.680
Senator Paolo Benigno "Bam" Aquino IV: May manapupuntahan

asr-002812
01:37:55.680 --> 01:37:56.660
Senator Paolo Benigno "Bam" Aquino IV: And I would always say

asr-002813
01:37:56.820 --> 01:37:58.540
Senator Paolo Benigno "Bam" Aquino IV: By supporting this law

asr-002814
01:37:58.540 --> 01:37:59.520
Senator Paolo Benigno "Bam" Aquino IV: And having it passed

asr-002815
01:37:59.520 --> 01:38:00.540
Senator Paolo Benigno "Bam" Aquino IV: And having it implemented

asr-002816
01:38:00.540 --> 01:38:01.860
Senator Paolo Benigno "Bam" Aquino IV: For the first few years

asr-002817
01:38:01.860 --> 01:38:04.120
Senator Paolo Benigno "Bam" Aquino IV: It forced DTI

asr-002818
01:38:04.120 --> 01:38:04.780
Senator Paolo Benigno "Bam" Aquino IV: To have

asr-002819
01:38:04.780 --> 01:38:06.240
Senator Paolo Benigno "Bam" Aquino IV: To have

asr-002820
01:38:06.240 --> 01:38:08.260
Senator Paolo Benigno "Bam" Aquino IV: Localized offices

asr-002821
01:38:08.260 --> 01:38:09.300
Senator Paolo Benigno "Bam" Aquino IV: Na pwede mapuntahan

asr-002822
01:38:09.300 --> 01:38:10.320
Senator Paolo Benigno "Bam" Aquino IV: Ng mga MSMEs

asr-002823
01:38:10.320 --> 01:38:11.480
Senator Paolo Benigno "Bam" Aquino IV: Really forcing the issue

asr-002824
01:38:11.480 --> 01:38:13.160
Senator Paolo Benigno "Bam" Aquino IV: That we need to reach out

asr-002825
01:38:13.160 --> 01:38:14.700
Senator Paolo Benigno "Bam" Aquino IV: To the sector

asr-002826
01:38:14.700 --> 01:38:17.400
Senator Paolo Benigno "Bam" Aquino IV: Maybe the next iteration

asr-002827
01:38:17.400 --> 01:38:18.760
Senator Paolo Benigno "Bam" Aquino IV: Is really

asr-002828
01:38:18.760 --> 01:38:21.180
Senator Paolo Benigno "Bam" Aquino IV: Supporting the Negosyo Center

asr-002829
01:38:21.180 --> 01:38:22.680
Senator Paolo Benigno "Bam" Aquino IV: The Negosyo Center

asr-002830
01:38:22.680 --> 01:38:23.540
Senator Paolo Benigno "Bam" Aquino IV: Online project

asr-002831
01:38:23.540 --> 01:38:24.840
Senator Paolo Benigno "Bam" Aquino IV: That can be a next iteration

asr-002832
01:38:24.840 --> 01:38:26.700
Senator Paolo Benigno "Bam" Aquino IV: And as I've said before

asr-002833
01:38:26.700 --> 01:38:28.380
Senator Paolo Benigno "Bam" Aquino IV: With all of the tools

asr-002834
01:38:28.380 --> 01:38:29.120
Senator Paolo Benigno "Bam" Aquino IV: That are available

asr-002835
01:38:29.120 --> 01:38:31.140
Senator Paolo Benigno "Bam" Aquino IV: One thing that we're still

asr-002836
01:38:31.140 --> 01:38:32.240
Senator Paolo Benigno "Bam" Aquino IV: Looking for is

asr-002837
01:38:32.240 --> 01:38:33.780
Senator Paolo Benigno "Bam" Aquino IV: If I'm a

asr-002838
01:38:33.780 --> 01:38:35.900
Senator Paolo Benigno "Bam" Aquino IV: MSME in Tarlac

asr-002839
01:38:35.900 --> 01:38:37.520
Senator Paolo Benigno "Bam" Aquino IV: And I have a product to sell

asr-002840
01:38:37.520 --> 01:38:37.980
Senator Paolo Benigno "Bam" Aquino IV: I can

asr-002841
01:38:37.980 --> 01:38:39.740
Senator Paolo Benigno "Bam" Aquino IV: Go to my Negosyo Center

asr-002842
01:38:39.740 --> 01:38:40.600
Senator Paolo Benigno "Bam" Aquino IV: Or go online

asr-002843
01:38:40.600 --> 01:38:41.180
Senator Paolo Benigno "Bam" Aquino IV: And see

asr-002844
01:38:41.180 --> 01:38:42.280
Senator Paolo Benigno "Bam" Aquino IV: Who are my

asr-002845
01:38:42.280 --> 01:38:43.500
Senator Paolo Benigno "Bam" Aquino IV: Possible suppliers

asr-002846
01:38:43.500 --> 01:38:44.720
Senator Paolo Benigno "Bam" Aquino IV: Who are my possible

asr-002847
01:38:44.720 --> 01:38:47.100
Senator Paolo Benigno "Bam" Aquino IV: Who are my possible

asr-002848
01:38:47.100 --> 01:38:48.440
Senator Paolo Benigno "Bam" Aquino IV: Market opportunities

asr-002849
01:38:48.440 --> 01:38:49.760
Senator Paolo Benigno "Bam" Aquino IV: Na currently

asr-002850
01:38:49.760 --> 01:38:51.080
Senator Paolo Benigno "Bam" Aquino IV: Hindi pa nagtatahitahin

asr-002851
01:38:51.080 --> 01:38:52.200
Senator Paolo Benigno "Bam" Aquino IV: Yung mga Negosyo Centers

asr-002852
01:38:52.200 --> 01:38:52.920
Senator Paolo Benigno "Bam" Aquino IV: So hopefully

asr-002853
01:38:52.920 --> 01:38:54.100
Senator Paolo Benigno "Bam" Aquino IV: This effort

asr-002854
01:38:54.100 --> 01:38:55.560
Senator Paolo Benigno "Bam" Aquino IV: To really bring it online

asr-002855
01:38:55.560 --> 01:38:56.420
Senator Paolo Benigno "Bam" Aquino IV: With a directory

asr-002856
01:38:56.420 --> 01:38:57.900
Senator Paolo Benigno "Bam" Aquino IV: With all of the business names

asr-002857
01:38:57.900 --> 01:38:58.420
Senator Paolo Benigno "Bam" Aquino IV: And everything

asr-002858
01:38:58.420 --> 01:38:59.680
Senator Paolo Benigno "Bam" Aquino IV: Can really create

asr-002859
01:38:59.680 --> 01:39:01.500
Senator Paolo Benigno "Bam" Aquino IV: That linkage

asr-002860
01:39:01.500 --> 01:39:02.580
Senator Paolo Benigno "Bam" Aquino IV: That we're looking for

asr-002861
01:39:02.580 --> 01:39:04.200
Senator Paolo Benigno "Bam" Aquino IV: So we're happy

asr-002862
01:39:04.200 --> 01:39:05.040
Senator Paolo Benigno "Bam" Aquino IV: To support that

asr-002863
01:39:05.040 --> 01:39:05.820
Senator Paolo Benigno "Bam" Aquino IV: Further

asr-002864
01:39:05.820 --> 01:39:06.740
Senator Paolo Benigno "Bam" Aquino IV: And again

asr-002865
01:39:06.740 --> 01:39:07.740
Senator Paolo Benigno "Bam" Aquino IV: We can talk offline

asr-002866
01:39:07.740 --> 01:39:09.060
Senator Paolo Benigno "Bam" Aquino IV: Kung nasaan po siya dyan

asr-002867
01:39:09.060 --> 01:39:11.020
Senator Paolo Benigno "Bam" Aquino IV: Baka sa ROG

asr-002868
01:39:11.020 --> 01:39:12.440
Senator Paolo Benigno "Bam" Aquino IV: Maybe with the regional

asr-002869
01:39:12.440 --> 01:39:14.220
Senator Paolo Benigno "Bam" Aquino IV: I don't know

asr-002870
01:39:14.220 --> 01:39:15.360
Senator Paolo Benigno "Bam" Aquino IV: Or sa e-commerce ba

asr-002871
01:39:15.360 --> 01:39:15.940
Senator Paolo Benigno "Bam" Aquino IV: Hindi ko alam

asr-002872
01:39:15.940 --> 01:39:17.500
Senator Paolo Benigno "Bam" Aquino IV: But we do want to see

asr-002873
01:39:17.500 --> 01:39:18.360
Senator Paolo Benigno "Bam" Aquino IV: This up already

asr-002874
01:39:18.360 --> 01:39:19.740
Senator Paolo Benigno "Bam" Aquino IV: Si Negosyo Center online

asr-002875
01:39:19.740 --> 01:39:21.040
Senator Paolo Benigno "Bam" Aquino IV: It can be a separate push

asr-002876
01:39:21.040 --> 01:39:23.600
Senator Paolo Benigno "Bam" Aquino IV: Apart from the

asr-002877
01:39:23.600 --> 01:39:24.800
Senator Paolo Benigno "Bam" Aquino IV: From what we see here

asr-002878
01:39:24.800 --> 01:39:25.800
Senator Paolo Benigno "Bam" Aquino IV: Or it can be an

asr-002879
01:39:25.800 --> 01:39:26.400
Senator Paolo Benigno "Bam" Aquino IV: Extra push

asr-002880
01:39:26.420 --> 01:39:27.220
Senator Paolo Benigno "Bam" Aquino IV: To really

asr-002881
01:39:27.220 --> 01:39:28.520
Senator Paolo Benigno "Bam" Aquino IV: See this online

asr-002882
01:39:28.520 --> 01:39:30.420
Senator Paolo Benigno "Bam" Aquino IV: Yung isang challenge ko rin

asr-002883
01:39:30.420 --> 01:39:31.860
Senator Paolo Benigno "Bam" Aquino IV: Sa inyong lahat

asr-002884
01:39:31.860 --> 01:39:33.080
Senator Paolo Benigno "Bam" Aquino IV: And we had the hearing here

asr-002885
01:39:33.080 --> 01:39:33.820
Senator Paolo Benigno "Bam" Aquino IV: Secretary Roque

asr-002886
01:39:33.820 --> 01:39:35.140
Senator Paolo Benigno "Bam" Aquino IV: Was kind enough to join us

asr-002887
01:39:35.140 --> 01:39:36.100
Senator Paolo Benigno "Bam" Aquino IV: Is also

asr-002888
01:39:36.100 --> 01:39:37.200
Senator Paolo Benigno "Bam" Aquino IV: MSME protection

asr-002889
01:39:37.200 --> 01:39:39.180
Senator Paolo Benigno "Bam" Aquino IV: And this is I think

asr-002890
01:39:39.180 --> 01:39:40.080
Senator Paolo Benigno "Bam" Aquino IV: Something that

asr-002891
01:39:40.080 --> 01:39:41.980
Senator Paolo Benigno "Bam" Aquino IV: We don't see yet here

asr-002892
01:39:41.980 --> 01:39:43.820
Senator Paolo Benigno "Bam" Aquino IV: We have consumer protection

asr-002893
01:39:43.820 --> 01:39:46.000
Senator Paolo Benigno "Bam" Aquino IV: But we don't have

asr-002894
01:39:46.000 --> 01:39:47.040
Senator Paolo Benigno "Bam" Aquino IV: MSME protection

asr-002895
01:39:47.040 --> 01:39:48.660
Senator Paolo Benigno "Bam" Aquino IV: Because a lot of our

asr-002896
01:39:48.660 --> 01:39:49.620
Senator Paolo Benigno "Bam" Aquino IV: MSMEs are also

asr-002897
01:39:49.620 --> 01:39:50.400
Senator Paolo Benigno "Bam" Aquino IV: Getting harassed

asr-002898
01:39:50.400 --> 01:39:50.940
Senator Paolo Benigno "Bam" Aquino IV: Unfortunately

asr-002899
01:39:50.940 --> 01:39:52.480
Senator Paolo Benigno "Bam" Aquino IV: Sometimes by government

asr-002900
01:39:52.480 --> 01:39:52.980
Senator Paolo Benigno "Bam" Aquino IV: As well

asr-002901
01:39:52.980 --> 01:39:54.820
Senator Paolo Benigno "Bam" Aquino IV: And

asr-002902
01:39:54.820 --> 01:39:56.100
Senator Paolo Benigno "Bam" Aquino IV: This has been

asr-002903
01:39:56.100 --> 01:39:57.460
Senator Paolo Benigno "Bam" Aquino IV: My suggestion

asr-002904
01:39:57.460 --> 01:39:59.040
Senator Paolo Benigno "Bam" Aquino IV: To Secretary Lopez

asr-002905
01:39:59.040 --> 01:39:59.700
Senator Paolo Benigno "Bam" Aquino IV: Pa actually

asr-002906
01:39:59.700 --> 01:40:01.760
Senator Paolo Benigno "Bam" Aquino IV: From the previous administration

asr-002907
01:40:01.760 --> 01:40:02.800
Senator Paolo Benigno "Bam" Aquino IV: Na

asr-002908
01:40:02.800 --> 01:40:05.240
Senator Paolo Benigno "Bam" Aquino IV: Ang hinahanap ng mga MSMEs natin

asr-002909
01:40:05.240 --> 01:40:06.200
Senator Paolo Benigno "Bam" Aquino IV: Hindi lang yung support

asr-002910
01:40:06.200 --> 01:40:07.340
Senator Paolo Benigno "Bam" Aquino IV: Which we provide

asr-002911
01:40:07.340 --> 01:40:08.140
Senator Paolo Benigno "Bam" Aquino IV: In different ways

asr-002912
01:40:08.140 --> 01:40:09.000
Senator Paolo Benigno "Bam" Aquino IV: Through financing

asr-002913
01:40:09.000 --> 01:40:09.840
Senator Paolo Benigno "Bam" Aquino IV: Through training

asr-002914
01:40:09.840 --> 01:40:10.940
Senator Paolo Benigno "Bam" Aquino IV: Through the

asr-002915
01:40:10.940 --> 01:40:11.640
Senator Paolo Benigno "Bam" Aquino IV: Negosyo Centers

asr-002916
01:40:11.640 --> 01:40:12.480
Senator Paolo Benigno "Bam" Aquino IV: And the programs

asr-002917
01:40:12.480 --> 01:40:13.420
Senator Paolo Benigno "Bam" Aquino IV: And the trade promotion

asr-002918
01:40:13.420 --> 01:40:15.100
Senator Paolo Benigno "Bam" Aquino IV: They're also looking for protection

asr-002919
01:40:15.100 --> 01:40:16.780
Senator Paolo Benigno "Bam" Aquino IV: Because many of them

asr-002920
01:40:16.780 --> 01:40:17.440
Senator Paolo Benigno "Bam" Aquino IV: Feel that

asr-002921
01:40:17.440 --> 01:40:18.120
Senator Paolo Benigno "Bam" Aquino IV: Again

asr-002922
01:40:18.120 --> 01:40:18.520
Senator Paolo Benigno "Bam" Aquino IV: They're out

asr-002923
01:40:18.520 --> 01:40:19.820
Senator Paolo Benigno "Bam" Aquino IV: They're on their own

asr-002924
01:40:19.820 --> 01:40:21.080
Senator Paolo Benigno "Bam" Aquino IV: Kapag may nangharas

asr-002925
01:40:21.080 --> 01:40:21.480
Senator Paolo Benigno "Bam" Aquino IV: Sa kanila

asr-002926
01:40:21.480 --> 01:40:23.600
Senator Paolo Benigno "Bam" Aquino IV: So what I would also like to see

asr-002927
01:40:23.600 --> 01:40:24.400
Senator Paolo Benigno "Bam" Aquino IV: And again

asr-002928
01:40:24.400 --> 01:40:25.720
Senator Paolo Benigno "Bam" Aquino IV: We can talk about this

asr-002929
01:40:25.720 --> 01:40:26.080
Senator Paolo Benigno "Bam" Aquino IV: Before we go

asr-002930
01:40:26.100 --> 01:40:26.780
Senator Paolo Benigno "Bam" Aquino IV: Before we get to plenary

asr-002931
01:40:26.780 --> 01:40:27.700
Senator Paolo Benigno "Bam" Aquino IV: Is

asr-002932
01:40:27.700 --> 01:40:29.900
Senator Paolo Benigno "Bam" Aquino IV: Where

asr-002933
01:40:29.900 --> 01:40:32.100
Senator Paolo Benigno "Bam" Aquino IV: In the setup of DTI

asr-002934
01:40:32.100 --> 01:40:33.780
Senator Paolo Benigno "Bam" Aquino IV: Can an MSME go

asr-002935
01:40:33.780 --> 01:40:35.400
Senator Paolo Benigno "Bam" Aquino IV: Kapag merong harassment

asr-002936
01:40:35.400 --> 01:40:36.700
Senator Paolo Benigno "Bam" Aquino IV: Kapag merong

asr-002937
01:40:36.700 --> 01:40:37.900
Senator Paolo Benigno "Bam" Aquino IV: Concerns with

asr-002938
01:40:37.900 --> 01:40:39.440
Senator Paolo Benigno "Bam" Aquino IV: Ease of doing business

asr-002939
01:40:39.440 --> 01:40:40.340
Senator Paolo Benigno "Bam" Aquino IV: You know

asr-002940
01:40:40.340 --> 01:40:41.600
Senator Paolo Benigno "Bam" Aquino IV: We say ease of doing business

asr-002941
01:40:41.600 --> 01:40:41.920
Senator Paolo Benigno "Bam" Aquino IV: But

asr-002942
01:40:41.920 --> 01:40:43.500
Senator Paolo Benigno "Bam" Aquino IV: We really mean corruption

asr-002943
01:40:43.500 --> 01:40:44.180
Senator Paolo Benigno "Bam" Aquino IV: Sa totoo lang

asr-002944
01:40:44.180 --> 01:40:44.460
Senator Paolo Benigno "Bam" Aquino IV: Diba

asr-002945
01:40:44.460 --> 01:40:44.940
Senator Paolo Benigno "Bam" Aquino IV: I mean

asr-002946
01:40:44.940 --> 01:40:46.100
Senator Paolo Benigno "Bam" Aquino IV: Lahat na mga

asr-002947
01:40:46.100 --> 01:40:47.320
Senator Paolo Benigno "Bam" Aquino IV: Chambers of Commerce

asr-002948
01:40:47.320 --> 01:40:48.220
Senator Paolo Benigno "Bam" Aquino IV: Lahat na mga

asr-002949
01:40:48.220 --> 01:40:50.120
Senator Paolo Benigno "Bam" Aquino IV: Business clubs

asr-002950
01:40:50.120 --> 01:40:51.180
Senator Paolo Benigno "Bam" Aquino IV: They'll just say

asr-002951
01:40:51.180 --> 01:40:52.100
Senator Paolo Benigno "Bam" Aquino IV: Oh kulang po

asr-002952
01:40:52.100 --> 01:40:53.200
Senator Paolo Benigno "Bam" Aquino IV: Ng ease of doing business

asr-002953
01:40:53.200 --> 01:40:54.600
Senator Paolo Benigno "Bam" Aquino IV: But when you probe further

asr-002954
01:40:54.600 --> 01:40:55.540
Senator Paolo Benigno "Bam" Aquino IV: Ang ibig sabihin nila

asr-002955
01:40:55.540 --> 01:40:56.080
Senator Paolo Benigno "Bam" Aquino IV: Hinaharasan

asr-002956
01:40:56.100 --> 01:40:56.520
Senator Paolo Benigno "Bam" Aquino IV: Sila

asr-002957
01:40:56.520 --> 01:40:57.980
Senator Paolo Benigno "Bam" Aquino IV: So in that hearing

asr-002958
01:40:57.980 --> 01:40:59.400
Senator Paolo Benigno "Bam" Aquino IV: We actually met

asr-002959
01:40:59.400 --> 01:41:00.880
Senator Paolo Benigno "Bam" Aquino IV: With the BIR Commissioner

asr-002960
01:41:00.880 --> 01:41:02.260
Senator Paolo Benigno "Bam" Aquino IV: And the Deputy Commissioner

asr-002961
01:41:02.260 --> 01:41:03.160
Senator Paolo Benigno "Bam" Aquino IV: After that hearing

asr-002962
01:41:03.160 --> 01:41:03.760
Senator Paolo Benigno "Bam" Aquino IV: That we had

asr-002963
01:41:03.760 --> 01:41:04.740
Senator Paolo Benigno "Bam" Aquino IV: And

asr-002964
01:41:04.740 --> 01:41:06.460
Senator Paolo Benigno "Bam" Aquino IV: They've opened up

asr-002965
01:41:06.460 --> 01:41:08.080
Senator Paolo Benigno "Bam" Aquino IV: A separate

asr-002966
01:41:08.080 --> 01:41:09.540
Senator Paolo Benigno "Bam" Aquino IV: Way to complain

asr-002967
01:41:09.540 --> 01:41:11.400
Senator Paolo Benigno "Bam" Aquino IV: And the few

asr-002968
01:41:11.400 --> 01:41:12.660
Senator Paolo Benigno "Bam" Aquino IV: That we've raised to them

asr-002969
01:41:12.660 --> 01:41:13.540
Senator Paolo Benigno "Bam" Aquino IV: Have actually been

asr-002970
01:41:13.540 --> 01:41:14.440
Senator Paolo Benigno "Bam" Aquino IV: Very positive

asr-002971
01:41:14.440 --> 01:41:15.000
Senator Paolo Benigno "Bam" Aquino IV: Meaning

asr-002972
01:41:15.000 --> 01:41:16.720
Senator Paolo Benigno "Bam" Aquino IV: Na-actionan po nila

asr-002973
01:41:16.720 --> 01:41:19.820
Senator Paolo Benigno "Bam" Aquino IV: The lady

asr-002974
01:41:19.820 --> 01:41:20.620
Senator Paolo Benigno "Bam" Aquino IV: Si Ma'am Yoli

asr-002975
01:41:20.620 --> 01:41:21.420
Senator Paolo Benigno "Bam" Aquino IV: Who testified

asr-002976
01:41:21.420 --> 01:41:22.400
Senator Paolo Benigno "Bam" Aquino IV: In our hearing

asr-002977
01:41:22.400 --> 01:41:23.220
Senator Paolo Benigno "Bam" Aquino IV: And talked about

asr-002978
01:41:23.220 --> 01:41:24.220
Senator Paolo Benigno "Bam" Aquino IV: Her concerns with

asr-002979
01:41:24.220 --> 01:41:24.900
Senator Paolo Benigno "Bam" Aquino IV: BIR

asr-002980
01:41:24.900 --> 01:41:25.700
Senator Paolo Benigno "Bam" Aquino IV: Na-actionan na mo niya

asr-002981
01:41:25.700 --> 01:41:26.440
Senator Paolo Benigno "Bam" Aquino IV: Aksyonan naman po

asr-002982
01:41:26.440 --> 01:41:27.160
Senator Paolo Benigno "Bam" Aquino IV: And

asr-002983
01:41:27.160 --> 01:41:28.720
Senator Paolo Benigno "Bam" Aquino IV: In fact the Commissioner

asr-002984
01:41:28.720 --> 01:41:29.380
Senator Paolo Benigno "Bam" Aquino IV: Was kind enough

asr-002985
01:41:29.380 --> 01:41:30.400
Senator Paolo Benigno "Bam" Aquino IV: To meet with her also

asr-002986
01:41:30.400 --> 01:41:31.760
Senator Paolo Benigno "Bam" Aquino IV: To address her concerns

asr-002987
01:41:31.760 --> 01:41:32.360
Senator Paolo Benigno "Bam" Aquino IV: Directly

asr-002988
01:41:32.360 --> 01:41:33.560
Senator Paolo Benigno "Bam" Aquino IV: So ano po

asr-002989
01:41:33.560 --> 01:41:33.820
Senator Paolo Benigno "Bam" Aquino IV: Sek

asr-002990
01:41:33.820 --> 01:41:34.780
Senator Paolo Benigno "Bam" Aquino IV: I'm hoping

asr-002991
01:41:34.780 --> 01:41:35.980
Senator Paolo Benigno "Bam" Aquino IV: That alongside

asr-002992
01:41:35.980 --> 01:41:37.140
Senator Paolo Benigno "Bam" Aquino IV: Consumer protection

asr-002993
01:41:37.140 --> 01:41:38.160
Senator Paolo Benigno "Bam" Aquino IV: That we've had

asr-002994
01:41:38.160 --> 01:41:39.180
Senator Paolo Benigno "Bam" Aquino IV: For years

asr-002995
01:41:39.180 --> 01:41:40.480
Senator Paolo Benigno "Bam" Aquino IV: We can develop

asr-002996
01:41:40.480 --> 01:41:41.560
Senator Paolo Benigno "Bam" Aquino IV: An MSME

asr-002997
01:41:41.560 --> 01:41:43.280
Senator Paolo Benigno "Bam" Aquino IV: Protection desk

asr-002998
01:41:43.280 --> 01:41:44.660
Senator Paolo Benigno "Bam" Aquino IV: Na

asr-002999
01:41:44.660 --> 01:41:45.860
Senator Paolo Benigno "Bam" Aquino IV: Pwedeng

asr-003000
01:41:45.860 --> 01:41:46.920
Senator Paolo Benigno "Bam" Aquino IV: Ma-activate

asr-003001
01:41:46.920 --> 01:41:47.620
Senator Paolo Benigno "Bam" Aquino IV: And that's something

asr-003002
01:41:47.620 --> 01:41:48.400
Senator Paolo Benigno "Bam" Aquino IV: Also we're happy

asr-003003
01:41:48.400 --> 01:41:49.000
Senator Paolo Benigno "Bam" Aquino IV: To support

asr-003004
01:41:49.000 --> 01:41:50.040
Senator Paolo Benigno "Bam" Aquino IV: I don't know

asr-003005
01:41:50.040 --> 01:41:50.540
Senator Paolo Benigno "Bam" Aquino IV: Kung saan niyo po

asr-003006
01:41:50.540 --> 01:41:51.380
Senator Paolo Benigno "Bam" Aquino IV: Siya ilalagay

asr-003007
01:41:51.380 --> 01:41:53.260
Senator Paolo Benigno "Bam" Aquino IV: Hanapin natin

asr-003008
01:41:53.260 --> 01:41:53.740
Senator Paolo Benigno "Bam" Aquino IV: Kung saan siya

asr-003009
01:41:53.740 --> 01:41:54.400
Senator Paolo Benigno "Bam" Aquino IV: Magandang

asr-003010
01:41:54.400 --> 01:41:55.940
Senator Paolo Benigno "Bam" Aquino IV: Diba

asr-003011
01:41:55.940 --> 01:41:58.400
Senator Paolo Benigno "Bam" Aquino IV: And we can fund that

asr-003012
01:41:58.400 --> 01:41:58.820
Senator Paolo Benigno "Bam" Aquino IV: Further

asr-003013
01:41:58.820 --> 01:42:01.180
Senator Paolo Benigno "Bam" Aquino IV: So we can really be

asr-003014
01:42:01.180 --> 01:42:01.780
Senator Paolo Benigno "Bam" Aquino IV: More

asr-003015
01:42:01.780 --> 01:42:03.340
Senator Paolo Benigno "Bam" Aquino IV: Proactive

asr-003016
01:42:03.340 --> 01:42:04.760
Senator Paolo Benigno "Bam" Aquino IV: And more responsive

asr-003017
01:42:04.760 --> 01:42:06.480
Senator Paolo Benigno "Bam" Aquino IV: Pagating sa mga problema

asr-003018
01:42:06.480 --> 01:42:07.960
Senator Paolo Benigno "Bam" Aquino IV: Ng MSMEs natin

asr-003019
01:42:07.960 --> 01:42:10.440
Senator Paolo Benigno "Bam" Aquino IV: Si Senator Tulfo

asr-003020
01:42:10.440 --> 01:42:11.560
Senator Paolo Benigno "Bam" Aquino IV: Kanina sabi niya

asr-003021
01:42:11.560 --> 01:42:13.160
Senator Paolo Benigno "Bam" Aquino IV: Napakaraming

asr-003022
01:42:13.160 --> 01:42:13.820
Senator Paolo Benigno "Bam" Aquino IV: Nagko-complain

asr-003023
01:42:13.820 --> 01:42:14.400
Senator Paolo Benigno "Bam" Aquino IV: Sa kanila

asr-003024
01:42:14.400 --> 01:42:15.580
Senator Paolo Benigno "Bam" Aquino IV: Sa amin rin po

asr-003025
01:42:15.580 --> 01:42:16.340
Senator Paolo Benigno "Bam" Aquino IV: After the hearing

asr-003026
01:42:16.340 --> 01:42:17.120
Senator Paolo Benigno "Bam" Aquino IV: We had like

asr-003027
01:42:17.120 --> 01:42:18.560
Senator Paolo Benigno "Bam" Aquino IV: Honestly

asr-003028
01:42:18.560 --> 01:42:20.140
Senator Paolo Benigno "Bam" Aquino IV: Napakaraming complaints

asr-003029
01:42:20.140 --> 01:42:21.100
Senator Paolo Benigno "Bam" Aquino IV: Na dumating rin po

asr-003030
01:42:21.100 --> 01:42:21.680
Senator Paolo Benigno "Bam" Aquino IV: Sa amin

asr-003031
01:42:21.680 --> 01:42:23.340
Senator Paolo Benigno "Bam" Aquino IV: And what we want

asr-003032
01:42:23.340 --> 01:42:24.160
Senator Paolo Benigno "Bam" Aquino IV: Our countrymen

asr-003033
01:42:24.160 --> 01:42:24.620
Senator Paolo Benigno "Bam" Aquino IV: To feel

asr-003034
01:42:24.620 --> 01:42:25.000
Senator Paolo Benigno "Bam" Aquino IV: Is that

asr-003035
01:42:25.000 --> 01:42:26.480
Senator Paolo Benigno "Bam" Aquino IV: Kapag meron silang problema

asr-003036
01:42:26.480 --> 01:42:27.860
Senator Paolo Benigno "Bam" Aquino IV: Meron silang mapupuntahan

asr-003037
01:42:27.860 --> 01:42:29.820
Senator Paolo Benigno "Bam" Aquino IV: That they can actually

asr-003038
01:42:29.820 --> 01:42:32.680
Senator Paolo Benigno "Bam" Aquino IV: Lean on the agencies

asr-003039
01:42:32.680 --> 01:42:34.000
Senator Paolo Benigno "Bam" Aquino IV: To be on their side

asr-003040
01:42:34.000 --> 01:42:34.800
Senator Paolo Benigno "Bam" Aquino IV: Diba

asr-003041
01:42:34.800 --> 01:42:35.740
Senator Paolo Benigno "Bam" Aquino IV: In the same way

asr-003042
01:42:35.740 --> 01:42:36.680
Senator Paolo Benigno "Bam" Aquino IV: Consumers

asr-003043
01:42:36.680 --> 01:42:37.600
Senator Paolo Benigno "Bam" Aquino IV: Hopefully

asr-003044
01:42:37.600 --> 01:42:38.760
Senator Paolo Benigno "Bam" Aquino IV: Kapag may mga problema

asr-003045
01:42:38.760 --> 01:42:39.580
Senator Paolo Benigno "Bam" Aquino IV: Yung mga produkto

asr-003046
01:42:39.580 --> 01:42:40.820
Senator Paolo Benigno "Bam" Aquino IV: They can lean on DTI

asr-003047
01:42:40.820 --> 01:42:41.980
Senator Paolo Benigno "Bam" Aquino IV: To be on their side

asr-003048
01:42:41.980 --> 01:42:43.600
Senator Paolo Benigno "Bam" Aquino IV: Yung MSMEs natin

asr-003049
01:42:43.600 --> 01:42:44.940
Senator Paolo Benigno "Bam" Aquino IV: They also need someone

asr-003050
01:42:44.940 --> 01:42:46.800
Senator Paolo Benigno "Bam" Aquino IV: To be on their side

asr-003051
01:42:46.800 --> 01:42:48.860
Senator Paolo Benigno "Bam" Aquino IV: And kami naman po

asr-003052
01:42:48.860 --> 01:42:49.560
Senator Paolo Benigno "Bam" Aquino IV: Mga politiko

asr-003053
01:42:49.560 --> 01:42:49.940
Senator Paolo Benigno "Bam" Aquino IV: Of course

asr-003054
01:42:49.940 --> 01:42:50.840
Senator Paolo Benigno "Bam" Aquino IV: They can go to us

asr-003055
01:42:50.840 --> 01:42:51.700
Senator Paolo Benigno "Bam" Aquino IV: But at the end of the day

asr-003056
01:42:51.700 --> 01:42:52.000
Senator Paolo Benigno "Bam" Aquino IV: We know

asr-003057
01:42:52.000 --> 01:42:52.960
Senator Paolo Benigno "Bam" Aquino IV: It's the implementers

asr-003058
01:42:52.960 --> 01:42:54.140
Senator Paolo Benigno "Bam" Aquino IV: Who are in a better position

asr-003059
01:42:54.160 --> 01:42:56.260
Senator Paolo Benigno "Bam" Aquino IV: To be their advocate

asr-003060
01:42:56.260 --> 01:42:57.100
Senator Paolo Benigno "Bam" Aquino IV: So

asr-003061
01:42:57.100 --> 01:42:58.480
Senator Paolo Benigno "Bam" Aquino IV: That's number

asr-003062
01:42:58.480 --> 01:43:00.580
Senator Paolo Benigno "Bam" Aquino IV: That's number two

asr-003063
01:43:00.580 --> 01:43:01.300
Senator Paolo Benigno "Bam" Aquino IV: Sa agenda ko

asr-003064
01:43:01.300 --> 01:43:01.940
Senator Paolo Benigno "Bam" Aquino IV: Which is

asr-003065
01:43:01.940 --> 01:43:04.120
Senator Paolo Benigno "Bam" Aquino IV: When we look at

asr-003066
01:43:04.120 --> 01:43:05.940
Senator Paolo Benigno "Bam" Aquino IV: More support for MSMEs

asr-003067
01:43:05.940 --> 01:43:07.400
Senator Paolo Benigno "Bam" Aquino IV: And the negosyo centers

asr-003068
01:43:07.400 --> 01:43:08.780
Senator Paolo Benigno "Bam" Aquino IV: Are one that we want to support

asr-003069
01:43:08.780 --> 01:43:09.360
Senator Paolo Benigno "Bam" Aquino IV: And of course

asr-003070
01:43:09.360 --> 01:43:10.900
Senator Paolo Benigno "Bam" Aquino IV: The shared service facilities

asr-003071
01:43:10.900 --> 01:43:11.900
Senator Paolo Benigno "Bam" Aquino IV: Yung isa rin

asr-003072
01:43:11.900 --> 01:43:12.540
Senator Paolo Benigno "Bam" Aquino IV: Is to

asr-003073
01:43:12.540 --> 01:43:14.280
Senator Paolo Benigno "Bam" Aquino IV: Have an MSME

asr-003074
01:43:14.280 --> 01:43:15.400
Senator Paolo Benigno "Bam" Aquino IV: Protection desk

asr-003075
01:43:15.400 --> 01:43:15.940
Senator Paolo Benigno "Bam" Aquino IV: No?

asr-003076
01:43:16.300 --> 01:43:17.240
Senator Paolo Benigno "Bam" Aquino IV: And again

asr-003077
01:43:17.240 --> 01:43:18.660
Senator Paolo Benigno "Bam" Aquino IV: I will say this much

asr-003078
01:43:18.660 --> 01:43:19.240
Senator Paolo Benigno "Bam" Aquino IV: Sometimes

asr-003079
01:43:19.240 --> 01:43:20.540
Senator Paolo Benigno "Bam" Aquino IV: Yung kailangan natin silang

asr-003080
01:43:20.540 --> 01:43:21.740
Senator Paolo Benigno "Bam" Aquino IV: Protectahan

asr-003081
01:43:21.740 --> 01:43:22.460
Senator Paolo Benigno "Bam" Aquino IV: Is protectahan

asr-003082
01:43:22.460 --> 01:43:22.960
Senator Paolo Benigno "Bam" Aquino IV: Sa iba rin

asr-003083
01:43:22.960 --> 01:43:24.140
Senator Paolo Benigno "Bam" Aquino IV: Government agencies

asr-003084
01:43:24.160 --> 01:43:27.140
Senator Paolo Benigno "Bam" Aquino IV: To be fair

asr-003085
01:43:27.140 --> 01:43:28.520
Senator Paolo Benigno "Bam" Aquino IV: The top three complaints

asr-003086
01:43:28.520 --> 01:43:29.120
Senator Paolo Benigno "Bam" Aquino IV: That we've had

asr-003087
01:43:29.120 --> 01:43:29.620
Senator Paolo Benigno "Bam" Aquino IV: Is really

asr-003088
01:43:29.620 --> 01:43:30.320
Senator Paolo Benigno "Bam" Aquino IV: FDA

asr-003089
01:43:30.320 --> 01:43:31.380
Senator Paolo Benigno "Bam" Aquino IV: BFP

asr-003090
01:43:31.380 --> 01:43:32.140
Senator Paolo Benigno "Bam" Aquino IV: And BIR

asr-003091
01:43:32.140 --> 01:43:33.200
Senator Paolo Benigno "Bam" Aquino IV: Si BFP

asr-003092
01:43:33.200 --> 01:43:33.940
Senator Paolo Benigno "Bam" Aquino IV: Tsaka si BIR

asr-003093
01:43:33.940 --> 01:43:35.100
Senator Paolo Benigno "Bam" Aquino IV: Have been very responsive

asr-003094
01:43:35.100 --> 01:43:36.040
Senator Paolo Benigno "Bam" Aquino IV: Si BIR

asr-003095
01:43:36.040 --> 01:43:38.140
Senator Paolo Benigno "Bam" Aquino IV: Has been very responsive

asr-003096
01:43:38.140 --> 01:43:39.120
Senator Paolo Benigno "Bam" Aquino IV: And sabi nga nila

asr-003097
01:43:39.120 --> 01:43:41.900
Senator Paolo Benigno "Bam" Aquino IV: We do want to

asr-003098
01:43:41.900 --> 01:43:43.900
Senator Paolo Benigno "Bam" Aquino IV: To be more active

asr-003099
01:43:43.900 --> 01:43:45.600
Senator Paolo Benigno "Bam" Aquino IV: In protecting our MSMEs

asr-003100
01:43:45.600 --> 01:43:46.620
Senator Paolo Benigno "Bam" Aquino IV: Yung BFP

asr-003101
01:43:46.620 --> 01:43:47.880
Senator Paolo Benigno "Bam" Aquino IV: In the last hearing

asr-003102
01:43:47.880 --> 01:43:49.500
Senator Paolo Benigno "Bam" Aquino IV: They changed all of their

asr-003103
01:43:49.500 --> 01:43:50.560
Senator Paolo Benigno "Bam" Aquino IV: Inspectors in NCR

asr-003104
01:43:50.560 --> 01:43:51.640
Senator Paolo Benigno "Bam" Aquino IV: I'm sure

asr-003105
01:43:51.640 --> 01:43:52.720
Senator Paolo Benigno "Bam" Aquino IV: Naririnig nyo rin naman yan

asr-003106
01:43:52.720 --> 01:43:53.140
Senator Paolo Benigno "Bam" Aquino IV: Yung mga binibentahan

asr-003107
01:43:53.780 --> 01:43:54.140
Senator Paolo Benigno "Bam" Aquino IV: Nang

asr-003108
01:43:54.160 --> 01:43:55.640
Senator Paolo Benigno "Bam" Aquino IV: Extinguisher

asr-003109
01:43:55.640 --> 01:43:56.400
Senator Paolo Benigno "Bam" Aquino IV: Baka tayo dito

asr-003110
01:43:56.400 --> 01:43:56.980
Senator Paolo Benigno "Bam" Aquino IV: Nabenta ako

asr-003111
01:43:56.980 --> 01:43:57.900
Senator Paolo Benigno "Bam" Aquino IV: Nabenta na ako ng

asr-003112
01:43:57.900 --> 01:43:58.460
Senator Paolo Benigno "Bam" Aquino IV: Extinguisher

asr-003113
01:43:58.460 --> 01:44:00.160
Senator Paolo Benigno "Bam" Aquino IV: Before I joined politics

asr-003114
01:44:00.160 --> 01:44:00.520
Senator Paolo Benigno "Bam" Aquino IV: So

asr-003115
01:44:00.520 --> 01:44:02.360
Senator Paolo Benigno "Bam" Aquino IV: To be fair to them

asr-003116
01:44:02.360 --> 01:44:03.400
Senator Paolo Benigno "Bam" Aquino IV: They have changed

asr-003117
01:44:03.400 --> 01:44:04.720
Senator Paolo Benigno "Bam" Aquino IV: All of their inspectors

asr-003118
01:44:04.720 --> 01:44:05.260
Senator Paolo Benigno "Bam" Aquino IV: In NCR

asr-003119
01:44:05.260 --> 01:44:06.520
Senator Paolo Benigno "Bam" Aquino IV: Because they felt

asr-003120
01:44:06.520 --> 01:44:07.540
Senator Paolo Benigno "Bam" Aquino IV: That the complaints

asr-003121
01:44:07.540 --> 01:44:08.720
Senator Paolo Benigno "Bam" Aquino IV: Were just too much already

asr-003122
01:44:08.720 --> 01:44:09.640
Senator Paolo Benigno "Bam" Aquino IV: And

asr-003123
01:44:09.640 --> 01:44:11.200
Senator Paolo Benigno "Bam" Aquino IV: They're also trying

asr-003124
01:44:11.200 --> 01:44:12.060
Senator Paolo Benigno "Bam" Aquino IV: To be more responsive

asr-003125
01:44:12.060 --> 01:44:13.500
Senator Paolo Benigno "Bam" Aquino IV: To the needs of our MSMEs

asr-003126
01:44:13.500 --> 01:44:15.020
Senator Paolo Benigno "Bam" Aquino IV: Yung FDA

asr-003127
01:44:15.020 --> 01:44:16.020
Senator Paolo Benigno "Bam" Aquino IV: Will really need

asr-003128
01:44:16.020 --> 01:44:17.700
Senator Paolo Benigno "Bam" Aquino IV: More structural reforms

asr-003129
01:44:17.700 --> 01:44:18.200
Senator Paolo Benigno "Bam" Aquino IV: Kasi

asr-003130
01:44:18.200 --> 01:44:20.640
Senator Paolo Benigno "Bam" Aquino IV: The number of

asr-003131
01:44:20.640 --> 01:44:21.780
Senator Paolo Benigno "Bam" Aquino IV: MSMEs

asr-003132
01:44:21.780 --> 01:44:22.340
Senator Paolo Benigno "Bam" Aquino IV: Or businesses

asr-003133
01:44:22.340 --> 01:44:23.900
Senator Paolo Benigno "Bam" Aquino IV: That require them

asr-003134
01:44:24.160 --> 01:44:26.800
Senator Paolo Benigno "Bam" Aquino IV: To be more responsive

asr-003135
01:44:26.800 --> 01:44:27.560
Senator Paolo Benigno "Bam" Aquino IV: Is just

asr-003136
01:44:27.560 --> 01:44:28.740
Senator Paolo Benigno "Bam" Aquino IV: Great

asr-003137
01:44:28.740 --> 01:44:30.200
Senator Paolo Benigno "Bam" Aquino IV: Compared to their capacity

asr-003138
01:44:30.200 --> 01:44:31.180
Senator Paolo Benigno "Bam" Aquino IV: So

asr-003139
01:44:31.180 --> 01:44:33.000
Senator Paolo Benigno "Bam" Aquino IV: There has to be

asr-003140
01:44:33.000 --> 01:44:34.260
Senator Paolo Benigno "Bam" Aquino IV: Some structural change

asr-003141
01:44:34.260 --> 01:44:35.360
Senator Paolo Benigno "Bam" Aquino IV: With the FDA

asr-003142
01:44:35.360 --> 01:44:36.820
Senator Paolo Benigno "Bam" Aquino IV: And unfortunately

asr-003143
01:44:36.820 --> 01:44:38.180
Senator Paolo Benigno "Bam" Aquino IV: FDA is not under DTI

asr-003144
01:44:38.180 --> 01:44:39.180
Senator Paolo Benigno "Bam" Aquino IV: It's under DOH

asr-003145
01:44:39.180 --> 01:44:40.220
Senator Paolo Benigno "Bam" Aquino IV: So

asr-003146
01:44:40.220 --> 01:44:42.040
Senator Paolo Benigno "Bam" Aquino IV: Kukrosover tayo

asr-003147
01:44:42.040 --> 01:44:42.760
Senator Paolo Benigno "Bam" Aquino IV: Sa ibang ahensya

asr-003148
01:44:42.760 --> 01:44:43.080
Senator Paolo Benigno "Bam" Aquino IV: But

asr-003149
01:44:43.080 --> 01:44:44.720
Senator Paolo Benigno "Bam" Aquino IV: A lot of the concerns

asr-003150
01:44:44.720 --> 01:44:45.760
Senator Paolo Benigno "Bam" Aquino IV: Whether it's cosmetics

asr-003151
01:44:45.760 --> 01:44:46.640
Senator Paolo Benigno "Bam" Aquino IV: Food

asr-003152
01:44:46.640 --> 01:44:50.640
Senator Paolo Benigno "Bam" Aquino IV: Umabot ng taon

asr-003153
01:44:50.640 --> 01:44:51.620
Senator Paolo Benigno "Bam" Aquino IV: Yung inihintay

asr-003154
01:44:51.620 --> 01:44:52.960
Senator Paolo Benigno "Bam" Aquino IV: Ng mga MSMEs natin

asr-003155
01:44:52.960 --> 01:44:53.780
Senator Paolo Benigno "Bam" Aquino IV: Pagating sa

asr-003156
01:44:53.780 --> 01:44:54.140
Senator Paolo Benigno "Bam" Aquino IV: The

asr-003157
01:44:54.160 --> 01:44:56.900
Senator Paolo Benigno "Bam" Aquino IV: Submissions nila

asr-003158
01:44:56.900 --> 01:44:57.480
Senator Paolo Benigno "Bam" Aquino IV: Sa FDA

asr-003159
01:44:57.480 --> 01:44:57.920
Senator Paolo Benigno "Bam" Aquino IV: So

asr-003160
01:44:57.920 --> 01:44:58.720
Senator Paolo Benigno "Bam" Aquino IV: We're hoping

asr-003161
01:44:58.720 --> 01:44:59.920
Senator Paolo Benigno "Bam" Aquino IV: We can work on these three

asr-003162
01:45:00.000 --> 01:45:01.940
Senator Paolo Benigno "Bam" Aquino IV: BIR, BFP, and

asr-003163
01:45:01.940 --> 01:45:03.980
Senator Paolo Benigno "Bam" Aquino IV: FDA to really support

asr-003164
01:45:03.980 --> 01:45:06.020
Senator Paolo Benigno "Bam" Aquino IV: our MSMEs better. Pero maganda

asr-003165
01:45:06.020 --> 01:45:08.160
Senator Paolo Benigno "Bam" Aquino IV: po siguro, SEC, kung meron talagang naka-assign

asr-003166
01:45:08.160 --> 01:45:09.980
Senator Paolo Benigno "Bam" Aquino IV: na ASEC

asr-003167
01:45:09.980 --> 01:45:11.840
Senator Paolo Benigno "Bam" Aquino IV: or USEC na

asr-003168
01:45:11.840 --> 01:45:13.440
Senator Paolo Benigno "Bam" Aquino IV: pagating sa MSME

asr-003169
01:45:13.440 --> 01:45:16.060
Senator Paolo Benigno "Bam" Aquino IV: protection, ay pwede po tayong

asr-003170
01:45:16.060 --> 01:45:17.580
Senator Paolo Benigno "Bam" Aquino IV: may matuturo po talaga tayo.

asr-003171
01:45:17.720 --> 01:45:19.120
Senator Paolo Benigno "Bam" Aquino IV: So we can talk about that separately.

asr-003172
01:45:19.740 --> 01:45:21.200
Senator Paolo Benigno "Bam" Aquino IV: And if there needs also

asr-003173
01:45:21.200 --> 01:45:24.000
Senator Paolo Benigno "Bam" Aquino IV: augmentation

asr-003174
01:45:24.000 --> 01:45:26.000
Senator Paolo Benigno "Bam" Aquino IV: of budget for that effort,

asr-003175
01:45:26.100 --> 01:45:27.340
Senator Paolo Benigno "Bam" Aquino IV: we can talk about that also.

asr-003176
01:45:28.140 --> 01:45:29.600
Senator Paolo Benigno "Bam" Aquino IV: Third agenda ko,

asr-003177
01:45:30.000 --> 01:45:31.900
Senator Paolo Benigno "Bam" Aquino IV: is with regard to

asr-003178
01:45:31.900 --> 01:45:33.000
Senator Paolo Benigno "Bam" Aquino IV: industries.

asr-003179
01:45:33.680 --> 01:45:36.300
Senator Paolo Benigno "Bam" Aquino IV: We know that the BPO industry

asr-003180
01:45:36.300 --> 01:45:37.320
Senator Paolo Benigno "Bam" Aquino IV: and the manufacturing,

asr-003181
01:45:39.100 --> 01:45:39.120
Senator Paolo Benigno "Bam" Aquino IV: our

asr-003182
01:45:39.120 --> 01:45:42.420
Senator Paolo Benigno "Bam" Aquino IV: tawag dito, semiconductors

asr-003183
01:45:42.420 --> 01:45:43.660
Senator Paolo Benigno "Bam" Aquino IV: and manufacturing

asr-003184
01:45:43.660 --> 01:45:46.140
Senator Paolo Benigno "Bam" Aquino IV: have been supporting our

asr-003185
01:45:46.140 --> 01:45:47.440
Senator Paolo Benigno "Bam" Aquino IV: economy for so long.

asr-003186
01:45:48.100 --> 01:45:49.480
Senator Paolo Benigno "Bam" Aquino IV: But these industries,

asr-003187
01:45:50.120 --> 01:45:51.860
Senator Paolo Benigno "Bam" Aquino IV: I feel, are also at risk.

asr-003188
01:45:52.940 --> 01:45:53.340
Senator Paolo Benigno "Bam" Aquino IV: So,

asr-003189
01:45:53.740 --> 01:45:56.140
Senator Paolo Benigno "Bam" Aquino IV: pagating sa BPO

asr-003190
01:45:56.140 --> 01:45:58.180
Senator Paolo Benigno "Bam" Aquino IV: industry natin, and we've had

asr-003191
01:45:58.180 --> 01:45:59.980
Senator Paolo Benigno "Bam" Aquino IV: hearings on this also, although the ICT

asr-003192
01:45:59.980 --> 01:46:01.840
Senator Paolo Benigno "Bam" Aquino IV: yung masumaharap doon,

asr-003193
01:46:01.920 --> 01:46:03.260
Senator Paolo Benigno "Bam" Aquino IV: I'm sure concern nyo rin naman to,

asr-003194
01:46:03.780 --> 01:46:06.000
Senator Paolo Benigno "Bam" Aquino IV: is that we need to make sure

asr-003195
01:46:06.000 --> 01:46:07.520
Senator Paolo Benigno "Bam" Aquino IV: our BPO industry doesn't fail.

asr-003196
01:46:08.080 --> 01:46:10.280
Senator Paolo Benigno "Bam" Aquino IV: Because they're a huge part of our economy.

asr-003197
01:46:11.080 --> 01:46:11.300
Senator Paolo Benigno "Bam" Aquino IV: And

asr-003198
01:46:11.300 --> 01:46:13.780
Senator Paolo Benigno "Bam" Aquino IV: I don't know if in your feed,

asr-003199
01:46:13.780 --> 01:46:15.820
Senator Paolo Benigno "Bam" Aquino IV: ang lumalabas sa feed natin ngayon

asr-003200
01:46:15.820 --> 01:46:17.820
Senator Paolo Benigno "Bam" Aquino IV: is that the AI

asr-003201
01:46:17.820 --> 01:46:19.680
Senator Paolo Benigno "Bam" Aquino IV: is developing

asr-003202
01:46:19.680 --> 01:46:21.400
Senator Paolo Benigno "Bam" Aquino IV: faster than everybody expected.

asr-003203
01:46:22.260 --> 01:46:23.840
Senator Paolo Benigno "Bam" Aquino IV: And the first layer

asr-003204
01:46:23.840 --> 01:46:25.360
Senator Paolo Benigno "Bam" Aquino IV: there would really be the

asr-003205
01:46:25.360 --> 01:46:26.280
Senator Paolo Benigno "Bam" Aquino IV: low-level,

asr-003206
01:46:27.000 --> 01:46:29.720
Senator Paolo Benigno "Bam" Aquino IV: lower-level work in the

asr-003207
01:46:29.720 --> 01:46:31.460
Senator Paolo Benigno "Bam" Aquino IV: BPO industry. But that's also

asr-003208
01:46:31.460 --> 01:46:32.860
Senator Paolo Benigno "Bam" Aquino IV: the majority of the jobs.

asr-003209
01:46:33.720 --> 01:46:35.680
Senator Paolo Benigno "Bam" Aquino IV: So, I hope that

asr-003210
01:46:35.680 --> 01:46:37.720
Senator Paolo Benigno "Bam" Aquino IV: alongside the ICT

asr-003211
01:46:37.720 --> 01:46:39.300
Senator Paolo Benigno "Bam" Aquino IV: and maybe DOLE

asr-003212
01:46:39.300 --> 01:46:41.600
Senator Paolo Benigno "Bam" Aquino IV: or other agencies, I hope nag-uusap

asr-003213
01:46:41.600 --> 01:46:43.600
Senator Paolo Benigno "Bam" Aquino IV: na kayo, Sec, on how to support

asr-003214
01:46:43.600 --> 01:46:44.940
Senator Paolo Benigno "Bam" Aquino IV: our BPO industry.

asr-003215
01:46:45.580 --> 01:46:47.660
Senator Paolo Benigno "Bam" Aquino IV: Kasi yung upskilling, ang tagal rin lumabas.

asr-003216
01:46:47.780 --> 01:46:49.520
Senator Paolo Benigno "Bam" Aquino IV: Diba, napondohan na yan last year.

asr-003217
01:46:50.060 --> 01:46:51.720
Senator Paolo Benigno "Bam" Aquino IV: Hindi rin naman nangyari yung mga programa.

asr-003218
01:46:53.720 --> 01:46:55.900
Senator Paolo Benigno "Bam" Aquino IV: And I'm

asr-003219
01:46:55.900 --> 01:46:57.780
Senator Paolo Benigno "Bam" Aquino IV: raising the concern that

asr-003220
01:46:57.780 --> 01:46:59.600
Senator Paolo Benigno "Bam" Aquino IV: even if 10%

asr-003221
01:46:59.600 --> 01:47:01.680
Senator Paolo Benigno "Bam" Aquino IV: of that industry shrinks,

asr-003222
01:47:02.140 --> 01:47:03.980
Senator Paolo Benigno "Bam" Aquino IV: that's about 100,000

asr-003223
01:47:03.980 --> 01:47:05.640
Senator Paolo Benigno "Bam" Aquino IV: to 200,000 jobs.

asr-003224
01:47:05.880 --> 01:47:07.640
Senator Paolo Benigno "Bam" Aquino IV: So, any type of

asr-003225
01:47:07.640 --> 01:47:09.520
Senator Paolo Benigno "Bam" Aquino IV: shrinkage for the BPO

asr-003226
01:47:09.520 --> 01:47:11.780
Senator Paolo Benigno "Bam" Aquino IV: and semiconductors will be

asr-003227
01:47:11.780 --> 01:47:13.280
Senator Paolo Benigno "Bam" Aquino IV: devastating for us.

asr-003228
01:47:13.680 --> 01:47:15.180
Senator Paolo Benigno "Bam" Aquino IV: So, napag-uusapan nyo ba yan, Sec,

asr-003229
01:47:15.460 --> 01:47:17.640
Senator Paolo Benigno "Bam" Aquino IV: sa cabinet or sa inyong mga

asr-003230
01:47:17.640 --> 01:47:19.660
Senator Paolo Benigno "Bam" Aquino IV: sekretaris na kung paano

asr-003231
01:47:19.660 --> 01:47:21.420
Senator Paolo Benigno "Bam" Aquino IV: maprotektahan at matulungan yung ating

asr-003232
01:47:21.420 --> 01:47:23.420
Senator Paolo Benigno "Bam" Aquino IV: BPO industry? On the record,

asr-003233
01:47:23.600 --> 01:47:24.640
Senator Paolo Benigno "Bam" Aquino IV: please. On the mic, please.

asr-003234
01:47:25.620 --> 01:47:27.400
DTI Secretary Maria Cristina Aldeguer-Roque: Yes, Honorable Chair.

asr-003235
01:47:27.700 --> 01:47:29.420
DTI Secretary Maria Cristina Aldeguer-Roque: Actually, in this office,

asr-003236
01:47:29.600 --> 01:47:30.980
DTI Secretary Maria Cristina Aldeguer-Roque: Office of the Secretary, we have

asr-003237
01:47:30.980 --> 01:47:33.560
DTI Secretary Maria Cristina Aldeguer-Roque: a department there that's a special

asr-003238
01:47:33.560 --> 01:47:35.740
DTI Secretary Maria Cristina Aldeguer-Roque: concern. So, we assign now one person.

asr-003239
01:47:35.860 --> 01:47:37.580
DTI Secretary Maria Cristina Aldeguer-Roque: Like, now we have one person

asr-003240
01:47:37.580 --> 01:47:39.000
DTI Secretary Maria Cristina Aldeguer-Roque: that's assigned to the semiconductor.

asr-003241
01:47:39.440 --> 01:47:41.540
DTI Secretary Maria Cristina Aldeguer-Roque: So, all they do is to really check all the

asr-003242
01:47:41.540 --> 01:47:43.680
DTI Secretary Maria Cristina Aldeguer-Roque: semiconductors. Kaso, we just started it.

asr-003243
01:47:43.980 --> 01:47:45.260
DTI Secretary Maria Cristina Aldeguer-Roque: So, the

asr-003244
01:47:45.260 --> 01:47:47.480
DTI Secretary Maria Cristina Aldeguer-Roque: lady will come in on October.

asr-003245
01:47:48.040 --> 01:47:49.540
DTI Secretary Maria Cristina Aldeguer-Roque: So, we plan also

asr-003246
01:47:49.540 --> 01:47:52.020
DTI Secretary Maria Cristina Aldeguer-Roque: yung AI. Then, all the big industries,

asr-003247
01:47:52.540 --> 01:47:53.840
DTI Secretary Maria Cristina Aldeguer-Roque: maglalagay kami ng tao.

asr-003248
01:47:54.000 --> 01:47:55.880
DTI Secretary Maria Cristina Aldeguer-Roque: So, yung concerns lang talaga nila.

asr-003249
01:47:56.160 --> 01:47:57.720
DTI Secretary Maria Cristina Aldeguer-Roque: Not just within the

asr-003250
01:47:57.720 --> 01:47:59.480
DTI Secretary Maria Cristina Aldeguer-Roque: industry, but also we work closely.

asr-003251
01:47:59.600 --> 01:48:01.580
DTI Secretary Maria Cristina Aldeguer-Roque: We'd be second sa Private Sector Advisory

asr-003252
01:48:01.580 --> 01:48:03.840
DTI Secretary Maria Cristina Aldeguer-Roque: Council. So, magkakaroon

asr-003253
01:48:03.840 --> 01:48:05.600
DTI Secretary Maria Cristina Aldeguer-Roque: ng focal person, both

asr-003254
01:48:05.600 --> 01:48:07.640
DTI Secretary Maria Cristina Aldeguer-Roque: for the semiconductors and BPO.

asr-003255
01:48:08.500 --> 01:48:08.720
Senator Paolo Benigno "Bam" Aquino IV: Okay.

asr-003256
01:48:10.800 --> 01:48:11.400
Senator Paolo Benigno "Bam" Aquino IV: Yes.

asr-003257
01:48:11.980 --> 01:48:13.620
Senator Paolo Benigno "Bam" Aquino IV: Well, si AI kasi

asr-003258
01:48:13.620 --> 01:48:15.640
Senator Paolo Benigno "Bam" Aquino IV: is connected to everything, diba?

asr-003259
01:48:15.780 --> 01:48:16.420
Senator Paolo Benigno "Bam" Aquino IV: Parang it's

asr-003260
01:48:16.420 --> 01:48:19.000
Senator Paolo Benigno "Bam" Aquino IV: really connected to all. But,

asr-003261
01:48:19.340 --> 01:48:21.580
Senator Paolo Benigno "Bam" Aquino IV: specifically, between the BPO

asr-003262
01:48:21.580 --> 01:48:23.340
Senator Paolo Benigno "Bam" Aquino IV: and the semiconductors

asr-003263
01:48:23.340 --> 01:48:25.340
Senator Paolo Benigno "Bam" Aquino IV: and our remittances, yun yung tatlong

asr-003264
01:48:25.340 --> 01:48:27.420
Senator Paolo Benigno "Bam" Aquino IV: pillars ng ekonomiya natin, diba?

asr-003265
01:48:27.740 --> 01:48:29.400
Senator Paolo Benigno "Bam" Aquino IV: If one falls, everything falls.

asr-003266
01:48:29.600 --> 01:48:31.540
Senator Paolo Benigno "Bam" Aquino IV: So, with regard to

asr-003267
01:48:31.540 --> 01:48:33.540
Senator Paolo Benigno "Bam" Aquino IV: the BPO industry, who among

asr-003268
01:48:33.540 --> 01:48:35.600
Senator Paolo Benigno "Bam" Aquino IV: your ASECs and USECs are assigned

asr-003269
01:48:35.600 --> 01:48:37.620
Senator Paolo Benigno "Bam" Aquino IV: to take care of the BPO industry?

asr-003270
01:48:40.480 --> 01:48:41.560
DTI Secretary Maria Cristina Aldeguer-Roque: Now, it's under

asr-003271
01:48:41.560 --> 01:48:42.420
DTI Secretary Maria Cristina Aldeguer-Roque: Usec Perry.

asr-003272
01:48:44.080 --> 01:48:45.680
Senator Paolo Benigno "Bam" Aquino IV: Usec Perry, may mga tanong rin ako

asr-003273
01:48:45.680 --> 01:48:46.640
Senator Paolo Benigno "Bam" Aquino IV: sa Pax Silica mamaya.

asr-003274
01:48:47.040 --> 01:48:51.460
Senator Paolo Benigno "Bam" Aquino IV: But, with regard to the BPO,

asr-003275
01:48:51.600 --> 01:48:53.460
Senator Paolo Benigno "Bam" Aquino IV: whom you've worked with also for a long time,

asr-003276
01:48:54.880 --> 01:48:55.780
Senator Paolo Benigno "Bam" Aquino IV: I hope you can,

asr-003277
01:48:56.100 --> 01:48:57.740
Senator Paolo Benigno "Bam" Aquino IV: we can, our office can join, you know.

asr-003278
01:48:57.740 --> 01:48:57.940
Senator Paolo Benigno "Bam" Aquino IV: But,

asr-003279
01:48:59.600 --> 01:49:00.840
Senator Paolo Benigno "Bam" Aquino IV: I'm worried that

asr-003280
01:49:00.840 --> 01:49:03.820
Senator Paolo Benigno "Bam" Aquino IV: they're in denial

asr-003281
01:49:03.820 --> 01:49:05.860
Senator Paolo Benigno "Bam" Aquino IV: about where

asr-003282
01:49:05.860 --> 01:49:06.840
Senator Paolo Benigno "Bam" Aquino IV: the sector is headed.

asr-003283
01:49:07.680 --> 01:49:08.000
Senator Paolo Benigno "Bam" Aquino IV: You know?

asr-003284
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.

asr-003285
01:49:12.660 --> 01:49:13.780
Senator Paolo Benigno "Bam" Aquino IV: It's growing net.

asr-003286
01:49:14.340 --> 01:49:15.500
Senator Paolo Benigno "Bam" Aquino IV: Pero, per subsector,

asr-003287
01:49:15.880 --> 01:49:17.840
Senator Paolo Benigno "Bam" Aquino IV: certain subsectors are already shrinking.

asr-003288
01:49:18.540 --> 01:49:20.040
Senator Paolo Benigno "Bam" Aquino IV: Diba? So, the growth

asr-003289
01:49:20.040 --> 01:49:21.920
Senator Paolo Benigno "Bam" Aquino IV: presumes na kaya natin

asr-003290
01:49:21.920 --> 01:49:23.700
Senator Paolo Benigno "Bam" Aquino IV: mag-upskill kasi the growth is in higher

asr-003291
01:49:23.700 --> 01:49:24.260
Senator Paolo Benigno "Bam" Aquino IV: order

asr-003292
01:49:24.260 --> 01:49:27.640
Senator Paolo Benigno "Bam" Aquino IV: skills, diba? So, it presumes na

asr-003293
01:49:27.640 --> 01:49:29.580
Senator Paolo Benigno "Bam" Aquino IV: meron tayong enough workers,

asr-003294
01:49:29.600 --> 01:49:31.860
Senator Paolo Benigno "Bam" Aquino IV: and enough people that we have trained or upskilled

asr-003295
01:49:31.860 --> 01:49:33.100
Senator Paolo Benigno "Bam" Aquino IV: to take on those jobs.

asr-003296
01:49:33.580 --> 01:49:34.920
Senator Paolo Benigno "Bam" Aquino IV: But, it also

asr-003297
01:49:34.920 --> 01:49:37.740
Senator Paolo Benigno "Bam" Aquino IV: shows that those

asr-003298
01:49:37.740 --> 01:49:39.660
Senator Paolo Benigno "Bam" Aquino IV: that will lose their jobs are not necessarily

asr-003299
01:49:39.660 --> 01:49:41.560
Senator Paolo Benigno "Bam" Aquino IV: the people who will gain the jobs.

asr-003300
01:49:42.200 --> 01:49:43.780
Senator Paolo Benigno "Bam" Aquino IV: So, kahit sabihin mo nang the sector

asr-003301
01:49:43.780 --> 01:49:45.800
Senator Paolo Benigno "Bam" Aquino IV: as a whole is growing, or

asr-003302
01:49:45.800 --> 01:49:48.040
Senator Paolo Benigno "Bam" Aquino IV: lumalaki pa rin siya,

asr-003303
01:49:48.440 --> 01:49:49.560
Senator Paolo Benigno "Bam" Aquino IV: yung nawawala ng trabaho

asr-003304
01:49:49.560 --> 01:49:52.020
Senator Paolo Benigno "Bam" Aquino IV: per subsector is not necessarily

asr-003305
01:49:52.020 --> 01:49:53.620
Senator Paolo Benigno "Bam" Aquino IV: the same set of people.

asr-003306
01:49:53.940 --> 01:49:55.060
Senator Paolo Benigno "Bam" Aquino IV: Gets mo ko, USEC, no?

asr-003307
01:49:55.440 --> 01:49:57.680
Senator Paolo Benigno "Bam" Aquino IV: So, even if you say, o sige, as a whole

asr-003308
01:49:57.680 --> 01:49:59.140
Senator Paolo Benigno "Bam" Aquino IV: lumalaki siya, we're still looking at,

asr-003309
01:49:59.600 --> 01:50:01.660
Senator Paolo Benigno "Bam" Aquino IV: you know, thousands of jobs that might be lost.

asr-003310
01:50:02.260 --> 01:50:03.620
Senator Paolo Benigno "Bam" Aquino IV: And ano yung plano,

asr-003311
01:50:03.880 --> 01:50:05.620
Senator Paolo Benigno "Bam" Aquino IV: ano yung programa, ano yung

asr-003312
01:50:05.620 --> 01:50:07.780
Senator Paolo Benigno "Bam" Aquino IV: gagawin para sa mga mawawala ng trabaho

asr-003313
01:50:07.780 --> 01:50:09.360
Senator Paolo Benigno "Bam" Aquino IV: in that sector? Because

asr-003314
01:50:09.360 --> 01:50:11.780
Senator Paolo Benigno "Bam" Aquino IV: for the past decade, that's the new

asr-003315
01:50:11.780 --> 01:50:13.060
Senator Paolo Benigno "Bam" Aquino IV: middle class of the Philippines.

asr-003316
01:50:13.660 --> 01:50:15.920
Senator Paolo Benigno "Bam" Aquino IV: Kapag may shrinkage tayo in any of these sectors,

asr-003317
01:50:16.460 --> 01:50:18.080
Senator Paolo Benigno "Bam" Aquino IV: it's going to be

asr-003318
01:50:18.080 --> 01:50:19.940
Senator Paolo Benigno "Bam" Aquino IV: it's devastating

asr-003319
01:50:19.940 --> 01:50:21.940
Senator Paolo Benigno "Bam" Aquino IV: for that family and as a whole also.

asr-003320
01:50:22.440 --> 01:50:23.960
Senator Paolo Benigno "Bam" Aquino IV: And much more, if you look at it

asr-003321
01:50:23.960 --> 01:50:25.800
Senator Paolo Benigno "Bam" Aquino IV: rin on a localized level, because we

asr-003322
01:50:25.800 --> 01:50:27.820
Senator Paolo Benigno "Bam" Aquino IV: have a lot of BPOs in our next wave

asr-003323
01:50:27.820 --> 01:50:29.040
Senator Paolo Benigno "Bam" Aquino IV: cities, kunyari,

asr-003324
01:50:29.600 --> 01:50:31.660
Senator Paolo Benigno "Bam" Aquino IV: saray yung dalawang BPO

asr-003325
01:50:31.660 --> 01:50:33.580
Senator Paolo Benigno "Bam" Aquino IV: in Iloilo or tatlong BPO sa

asr-003326
01:50:33.580 --> 01:50:35.460
Senator Paolo Benigno "Bam" Aquino IV: Baguio, for that city,

asr-003327
01:50:35.880 --> 01:50:36.980
Senator Paolo Benigno "Bam" Aquino IV: it will be tremendous.

asr-003328
01:50:37.540 --> 01:50:39.440
Senator Paolo Benigno "Bam" Aquino IV: Even as a whole, it may not be

asr-003329
01:50:39.440 --> 01:50:41.320
Senator Paolo Benigno "Bam" Aquino IV: as large, but for that particular

asr-003330
01:50:41.320 --> 01:50:43.440
Senator Paolo Benigno "Bam" Aquino IV: locality, laking bagay niyan,

asr-003331
01:50:43.540 --> 01:50:45.480
Senator Paolo Benigno "Bam" Aquino IV: di ba? So, are we

asr-003332
01:50:45.480 --> 01:50:47.660
Senator Paolo Benigno "Bam" Aquino IV: already starting the talks

asr-003333
01:50:47.660 --> 01:50:49.540
Senator Paolo Benigno "Bam" Aquino IV: with them? And because

asr-003334
01:50:49.540 --> 01:50:51.460
Senator Paolo Benigno "Bam" Aquino IV: honestly, I met with them maybe

asr-003335
01:50:51.460 --> 01:50:53.740
Senator Paolo Benigno "Bam" Aquino IV: seven months ago, and the development

asr-003336
01:50:53.740 --> 01:50:55.600
Senator Paolo Benigno "Bam" Aquino IV: of AI from then until now

asr-003337
01:50:55.600 --> 01:50:57.380
Senator Paolo Benigno "Bam" Aquino IV: has been tremendous also, no?

asr-003338
01:50:57.460 --> 01:50:59.540
Senator Paolo Benigno "Bam" Aquino IV: Sige po. Thank you.

asr-003339
01:50:59.600 --> 01:51:01.520
DTI Undersecretary Ceferino S. Rodolfo: So, Honorable Chair, yes, sir,

asr-003340
01:51:01.580 --> 01:51:03.140
DTI Undersecretary Ceferino S. Rodolfo: nag-uusap na ho tayo,

asr-003341
01:51:03.680 --> 01:51:05.300
DTI Undersecretary Ceferino S. Rodolfo: lalo na din, sir, with

asr-003342
01:51:05.300 --> 01:51:07.340
DTI Undersecretary Ceferino S. Rodolfo: TESDA, with

asr-003343
01:51:07.340 --> 01:51:09.240
DTI Undersecretary Ceferino S. Rodolfo: pamong government, sir, with TESDA

asr-003344
01:51:09.240 --> 01:51:11.580
DTI Undersecretary Ceferino S. Rodolfo: and CHED, tapos,

asr-003345
01:51:11.680 --> 01:51:13.640
DTI Undersecretary Ceferino S. Rodolfo: sir, with the industry, sir, kila

asr-003346
01:51:13.640 --> 01:51:15.720
DTI Undersecretary Ceferino S. Rodolfo: Celeste, yung

asr-003347
01:51:15.720 --> 01:51:17.220
DTI Undersecretary Ceferino S. Rodolfo: bagong presidente, sir, ngayon

asr-003348
01:51:17.220 --> 01:51:19.500
DTI Undersecretary Ceferino S. Rodolfo: ng IBPAP. Si Jack,

asr-003349
01:51:19.600 --> 01:51:21.320
DTI Undersecretary Ceferino S. Rodolfo: di ba? O nina si Jack? Hindi na po si

asr-003350
01:51:21.320 --> 01:51:23.380
Senator Paolo Benigno "Bam" Aquino IV: Celeste. Celeste na, okay.

asr-003351
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,

asr-003352
01:51:25.820 --> 01:51:26.760
DTI Undersecretary Ceferino S. Rodolfo: di ba? Oo.

asr-003353
01:51:26.760 --> 01:51:26.880
Senator Paolo Benigno "Bam" Aquino IV: Oo.

asr-003354
01:51:29.600 --> 01:51:31.600
Senator Paolo Benigno "Bam" Aquino IV: Well, I think we need to put extra

asr-003355
01:51:31.600 --> 01:51:33.560
Senator Paolo Benigno "Bam" Aquino IV: focus here because things could

asr-003356
01:51:33.560 --> 01:51:35.400
Senator Paolo Benigno "Bam" Aquino IV: happen very fast, you know?

asr-003357
01:51:36.580 --> 01:51:37.680
Senator Paolo Benigno "Bam" Aquino IV: Pusibing domino yan,

asr-003358
01:51:37.800 --> 01:51:39.520
Senator Paolo Benigno "Bam" Aquino IV: eh. Di ba? One company

asr-003359
01:51:39.520 --> 01:51:41.600
Senator Paolo Benigno "Bam" Aquino IV: leaves, then magtuloy-tuloy yan.

asr-003360
01:51:42.240 --> 01:51:42.480
Senator Paolo Benigno "Bam" Aquino IV: So,

asr-003361
01:51:43.680 --> 01:51:45.640
Senator Paolo Benigno "Bam" Aquino IV: the TESDA

asr-003362
01:51:45.640 --> 01:51:47.220
Senator Paolo Benigno "Bam" Aquino IV: and the DICT programs,

asr-003363
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

asr-003364
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

asr-003365
01:51:51.520 --> 01:51:52.520
Senator Paolo Benigno "Bam" Aquino IV: than a year already.

asr-003365-split-2
01:51:52.520 --> 01:51:53.460
DTI Undersecretary Ceferino S. Rodolfo: Yes, sir. Although

asr-003366
01:51:53.460 --> 01:51:54.160
DTI Undersecretary Ceferino S. Rodolfo: may mga,

asr-003367
01:51:54.880 --> 01:51:57.720
DTI Undersecretary Ceferino S. Rodolfo: alimbawa, sir, sa BOI,

asr-003368
01:51:57.860 --> 01:51:59.560
DTI Undersecretary Ceferino S. Rodolfo: may mga nakapag-register,

asr-003369
01:51:59.600 --> 01:52:01.540
DTI Undersecretary Ceferino S. Rodolfo: na, sir, na mga dalawang kompanya

asr-003370
01:52:01.540 --> 01:52:02.820
DTI Undersecretary Ceferino S. Rodolfo: to offer

asr-003371
01:52:02.820 --> 01:52:05.820
DTI Undersecretary Ceferino S. Rodolfo: AI-related training services

asr-003372
01:52:05.820 --> 01:52:07.880
DTI Undersecretary Ceferino S. Rodolfo: for, not just for BPO's,

asr-003373
01:52:07.940 --> 01:52:09.500
DTI Undersecretary Ceferino S. Rodolfo: but in general, sir. So,

asr-003374
01:52:09.580 --> 01:52:11.460
DTI Undersecretary Ceferino S. Rodolfo: meron na tayong mga nakakakita who are

asr-003375
01:52:11.460 --> 01:52:13.360
DTI Undersecretary Ceferino S. Rodolfo: able to tap into the

asr-003376
01:52:13.360 --> 01:52:15.380
DTI Undersecretary Ceferino S. Rodolfo: EBIT funds. So,

asr-003377
01:52:15.640 --> 01:52:17.260
DTI Undersecretary Ceferino S. Rodolfo: meron na, sir. So, kailangan lang

asr-003378
01:52:17.260 --> 01:52:19.040
DTI Undersecretary Ceferino S. Rodolfo: ipokbilisan, sir.

asr-003379
01:52:19.640 --> 01:52:21.260
Senator Paolo Benigno "Bam" Aquino IV: Yeah. Meron rin ano yan, ha?

asr-003380
01:52:21.280 --> 01:52:22.620
Senator Paolo Benigno "Bam" Aquino IV: Meron rin, um,

asr-003381
01:52:23.860 --> 01:52:25.760
Senator Paolo Benigno "Bam" Aquino IV: you know, certain realities.

asr-003382
01:52:26.200 --> 01:52:27.680
Senator Paolo Benigno "Bam" Aquino IV: Di ba? Certain realities

asr-003383
01:52:27.680 --> 01:52:29.580
Senator Paolo Benigno "Bam" Aquino IV: that we need to face. Kasi the worst,

asr-003384
01:52:29.580 --> 01:52:30.580
Senator Paolo Benigno "Bam" Aquino IV: part is, if

asr-003385
01:52:30.580 --> 01:52:33.600
Senator Paolo Benigno "Bam" Aquino IV: we're just in denial of these things that are

asr-003386
01:52:33.600 --> 01:52:35.580
Senator Paolo Benigno "Bam" Aquino IV: possibly happening. So, if you're in denial, you're

asr-003387
01:52:35.580 --> 01:52:37.660
Senator Paolo Benigno "Bam" Aquino IV: also not preparing, di ba? Because

asr-003388
01:52:37.660 --> 01:52:39.380
Senator Paolo Benigno "Bam" Aquino IV: the answer could simply be

asr-003389
01:52:39.380 --> 01:52:41.700
Senator Paolo Benigno "Bam" Aquino IV: there's a set of

asr-003390
01:52:41.700 --> 01:52:43.160
Senator Paolo Benigno "Bam" Aquino IV: skills that we need to

asr-003391
01:52:43.160 --> 01:52:45.340
Senator Paolo Benigno "Bam" Aquino IV: take on the

asr-003392
01:52:45.340 --> 01:52:47.480
Senator Paolo Benigno "Bam" Aquino IV: other jobs, no?

asr-003393
01:52:47.740 --> 01:52:49.520
Senator Paolo Benigno "Bam" Aquino IV: In the business process outsourcing,

asr-003394
01:52:49.660 --> 01:52:51.320
Senator Paolo Benigno "Bam" Aquino IV: which will be AI-enabled.

asr-003395
01:52:51.900 --> 01:52:53.760
Senator Paolo Benigno "Bam" Aquino IV: And there are certain jobs which will

asr-003396
01:52:53.760 --> 01:52:55.760
Senator Paolo Benigno "Bam" Aquino IV: go away,

asr-003397
01:52:56.080 --> 01:52:57.040
Senator Paolo Benigno "Bam" Aquino IV: di ba? So,

asr-003398
01:52:57.040 --> 01:52:59.040
Senator Paolo Benigno "Bam" Aquino IV: we need to

asr-003399
01:52:59.580 --> 01:53:01.380
Senator Paolo Benigno "Bam" Aquino IV: have programs for them. And the answer may not

asr-003400
01:53:01.380 --> 01:53:03.300
Senator Paolo Benigno "Bam" Aquino IV: necessarily be also in the BPO

asr-003401
01:53:03.300 --> 01:53:05.060
Senator Paolo Benigno "Bam" Aquino IV: industry, di ba? So,

asr-003402
01:53:05.840 --> 01:53:07.480
Senator Paolo Benigno "Bam" Aquino IV: we need to

asr-003403
01:53:07.480 --> 01:53:09.320
Senator Paolo Benigno "Bam" Aquino IV: get everybody on board because

asr-003404
01:53:09.320 --> 01:53:11.480
Senator Paolo Benigno "Bam" Aquino IV: if this, if we just allow it

asr-003405
01:53:11.480 --> 01:53:13.520
Senator Paolo Benigno "Bam" Aquino IV: to happen, tapos nangyari na siya,

asr-003406
01:53:13.800 --> 01:53:15.460
Senator Paolo Benigno "Bam" Aquino IV: it's gonna be devastating. We need to

asr-003407
01:53:15.460 --> 01:53:17.520
Senator Paolo Benigno "Bam" Aquino IV: be able to have some level of

asr-003408
01:53:17.520 --> 01:53:18.760
Senator Paolo Benigno "Bam" Aquino IV: preparation and budget,

asr-003409
01:53:19.100 --> 01:53:21.540
Senator Paolo Benigno "Bam" Aquino IV: you know, for this. We budgeted

asr-003410
01:53:21.540 --> 01:53:22.740
Senator Paolo Benigno "Bam" Aquino IV: the upskilling,

asr-003411
01:53:23.660 --> 01:53:25.460
Senator Paolo Benigno "Bam" Aquino IV: some of it went to the ICT,

asr-003412
01:53:25.580 --> 01:53:27.460
Senator Paolo Benigno "Bam" Aquino IV: some of it went to TESTA. My understanding is that

asr-003413
01:53:27.460 --> 01:53:29.540
Senator Paolo Benigno "Bam" Aquino IV: those programs haven't really launched,

asr-003414
01:53:29.580 --> 01:53:31.400
Senator Paolo Benigno "Bam" Aquino IV: to the level that they need to be

asr-003415
01:53:31.400 --> 01:53:32.980
Senator Paolo Benigno "Bam" Aquino IV: launched at, no? So,

asr-003416
01:53:33.840 --> 01:53:35.380
Senator Paolo Benigno "Bam" Aquino IV: can we, you know, maybe before

asr-003417
01:53:35.380 --> 01:53:37.560
Senator Paolo Benigno "Bam" Aquino IV: the plenary, if you can give us a report

asr-003418
01:53:37.560 --> 01:53:38.780
Senator Paolo Benigno "Bam" Aquino IV: on where things are.

asr-003419
01:53:39.380 --> 01:53:41.200
Senator Paolo Benigno "Bam" Aquino IV: Because if I'm not mistaken, it was DTI

asr-003420
01:53:41.200 --> 01:53:43.440
Senator Paolo Benigno "Bam" Aquino IV: that birthed the BPO industry,

asr-003421
01:53:43.620 --> 01:53:45.000
Senator Paolo Benigno "Bam" Aquino IV: right? Wala naman DICT nun.

asr-003422
01:53:45.640 --> 01:53:47.400
Senator Paolo Benigno "Bam" Aquino IV: DOST was doing other things. It was really

asr-003423
01:53:47.400 --> 01:53:49.520
Senator Paolo Benigno "Bam" Aquino IV: DTI in the early 2000s,

asr-003424
01:53:49.580 --> 01:53:51.160
Senator Paolo Benigno "Bam" Aquino IV: if I'm not mistaken, di ba? So,

asr-003425
01:53:51.400 --> 01:53:53.780
Senator Paolo Benigno "Bam" Aquino IV: narapat lang na kayo rin yung mag-aalaga

asr-003426
01:53:53.780 --> 01:53:55.500
Senator Paolo Benigno "Bam" Aquino IV: to make sure that this industry is alive

asr-003427
01:53:55.500 --> 01:53:57.240
Senator Paolo Benigno "Bam" Aquino IV: and well, no? Moving forward.

asr-003428
01:53:57.240 --> 01:53:58.300
Senator Paolo Benigno "Bam" Aquino IV: Secretary?

asr-003428-split-2
01:53:58.300 --> 01:53:59.260
DTI Secretary Maria Cristina Aldeguer-Roque: Yes, Honorable Chair.

asr-003429
01:53:59.580 --> 01:54:01.340
DTI Secretary Maria Cristina Aldeguer-Roque: Really, you're correct, no? I just spoke

asr-003430
01:54:01.340 --> 01:54:03.280
DTI Secretary Maria Cristina Aldeguer-Roque: also about a month ago

asr-003431
01:54:03.280 --> 01:54:05.180
DTI Secretary Maria Cristina Aldeguer-Roque: with BPO, and

asr-003432
01:54:05.180 --> 01:54:07.720
DTI Secretary Maria Cristina Aldeguer-Roque: for them, they've increased by 5%.

asr-003433
01:54:07.720 --> 01:54:09.600
DTI Secretary Maria Cristina Aldeguer-Roque: So, I said, oh, that's good. And then

asr-003434
01:54:09.600 --> 01:54:11.500
DTI Secretary Maria Cristina Aldeguer-Roque: what will happen to those? And they said, they're

asr-003435
01:54:11.500 --> 01:54:13.100
DTI Secretary Maria Cristina Aldeguer-Roque: preparing for that. But you're

asr-003436
01:54:13.100 --> 01:54:15.520
DTI Secretary Maria Cristina Aldeguer-Roque: also correct that those that will

asr-003437
01:54:15.520 --> 01:54:17.580
DTI Secretary Maria Cristina Aldeguer-Roque: be affected may not be able to

asr-003438
01:54:17.580 --> 01:54:19.660
DTI Secretary Maria Cristina Aldeguer-Roque: go back to the BPO industry anymore.

asr-003439
01:54:19.880 --> 01:54:21.600
DTI Secretary Maria Cristina Aldeguer-Roque: So, may, and when I spoke to the

asr-003440
01:54:21.600 --> 01:54:23.640
DTI Secretary Maria Cristina Aldeguer-Roque: private sector about what

asr-003441
01:54:23.640 --> 01:54:25.420
DTI Secretary Maria Cristina Aldeguer-Roque: moves can we do for them,

asr-003442
01:54:25.780 --> 01:54:27.520
DTI Secretary Maria Cristina Aldeguer-Roque: and then they said, you need to encourage

asr-003443
01:54:27.520 --> 01:54:29.560
DTI Secretary Maria Cristina Aldeguer-Roque: them to become small and medium.

asr-003444
01:54:29.580 --> 01:54:31.640
DTI Secretary Maria Cristina Aldeguer-Roque: Mag-negosyo sila. So, we can

asr-003445
01:54:31.640 --> 01:54:33.700
DTI Secretary Maria Cristina Aldeguer-Roque: prepare them. So, those who will

asr-003446
01:54:33.700 --> 01:54:35.080
DTI Secretary Maria Cristina Aldeguer-Roque: not go back to the BPO

asr-003447
01:54:35.080 --> 01:54:37.280
DTI Secretary Maria Cristina Aldeguer-Roque: anymore, but they

asr-003448
01:54:37.280 --> 01:54:39.620
DTI Secretary Maria Cristina Aldeguer-Roque: have other opportunities in the

asr-003449
01:54:39.620 --> 01:54:41.540
DTI Secretary Maria Cristina Aldeguer-Roque: mag-negosyo. So,

asr-003450
01:54:41.920 --> 01:54:43.580
DTI Secretary Maria Cristina Aldeguer-Roque: we can encourage them to do that.

asr-003451
01:54:43.680 --> 01:54:45.400
DTI Secretary Maria Cristina Aldeguer-Roque: Although, there are

asr-003452
01:54:45.400 --> 01:54:47.440
DTI Secretary Maria Cristina Aldeguer-Roque: investors that come in, still

asr-003453
01:54:47.440 --> 01:54:49.580
DTI Secretary Maria Cristina Aldeguer-Roque: in the BPO, but let's say sa teleconsult,

asr-003454
01:54:50.320 --> 01:54:51.160
DTI Secretary Maria Cristina Aldeguer-Roque: yung sa healthcare.

asr-003455
01:54:51.780 --> 01:54:53.680
DTI Secretary Maria Cristina Aldeguer-Roque: So, those are the ones that we've been

asr-003456
01:54:53.680 --> 01:54:55.440
DTI Secretary Maria Cristina Aldeguer-Roque: talking to lately

asr-003457
01:54:55.440 --> 01:54:57.780
DTI Secretary Maria Cristina Aldeguer-Roque: because they want the Philippine market,

asr-003458
01:54:57.780 --> 01:54:59.380
DTI Secretary Maria Cristina Aldeguer-Roque: which is almost

asr-003459
01:54:59.580 --> 01:55:01.800
DTI Secretary Maria Cristina Aldeguer-Roque: P115 million, and then they want to use

asr-003460
01:55:01.800 --> 01:55:03.740
DTI Secretary Maria Cristina Aldeguer-Roque: the digital space to reach

asr-003461
01:55:03.740 --> 01:55:05.800
DTI Secretary Maria Cristina Aldeguer-Roque: out to yung nagkukonsulta

asr-003462
01:55:05.800 --> 01:55:07.520
DTI Secretary Maria Cristina Aldeguer-Roque: din. So, those who cannot go to doctors

asr-003463
01:55:07.520 --> 01:55:09.880
DTI Secretary Maria Cristina Aldeguer-Roque: and ano. So, in that industry,

asr-003464
01:55:10.160 --> 01:55:12.220
DTI Secretary Maria Cristina Aldeguer-Roque: we can still see na may mga pumapasok,

asr-003465
01:55:12.280 --> 01:55:13.620
DTI Secretary Maria Cristina Aldeguer-Roque: but in other sectors. So,

asr-003466
01:55:13.920 --> 01:55:15.900
DTI Secretary Maria Cristina Aldeguer-Roque: tama po kayo na yung mga nawalan

asr-003467
01:55:15.900 --> 01:55:17.780
DTI Secretary Maria Cristina Aldeguer-Roque: dito sa BPO because of AI

asr-003468
01:55:17.780 --> 01:55:19.740
DTI Secretary Maria Cristina Aldeguer-Roque: that we need to provide

asr-003469
01:55:19.740 --> 01:55:21.600
DTI Secretary Maria Cristina Aldeguer-Roque: avenues, opportunities

asr-003470
01:55:21.600 --> 01:55:22.360
DTI Secretary Maria Cristina Aldeguer-Roque: for them.

asr-003470-split-2
01:55:22.360 --> 01:55:23.620
Senator Paolo Benigno "Bam" Aquino IV: Tige, can we have

asr-003471
01:55:23.620 --> 01:55:25.780
Senator Paolo Benigno "Bam" Aquino IV: some numbers? Share with us

asr-003472
01:55:25.780 --> 01:55:27.700
Senator Paolo Benigno "Bam" Aquino IV: some numbers, yung nakadetalye, kasi

asr-003473
01:55:27.700 --> 01:55:29.500
Senator Paolo Benigno "Bam" Aquino IV: kung overall numbers,

asr-003474
01:55:29.580 --> 01:55:31.620
Senator Paolo Benigno "Bam" Aquino IV: lang kasi it paints a rosy picture na

asr-003475
01:55:31.620 --> 01:55:33.360
Senator Paolo Benigno "Bam" Aquino IV: palaki pa rin tayo, but if you

asr-003476
01:55:33.360 --> 01:55:35.760
Senator Paolo Benigno "Bam" Aquino IV: drill down, and then if you drill down

asr-003477
01:55:35.760 --> 01:55:37.700
Senator Paolo Benigno "Bam" Aquino IV: further to localities, iba pa yun.

asr-003478
01:55:37.880 --> 01:55:39.800
Senator Paolo Benigno "Bam" Aquino IV: So, the level of planning that we need

asr-003479
01:55:39.800 --> 01:55:41.440
Senator Paolo Benigno "Bam" Aquino IV: to have is really at a local level.

asr-003480
01:55:41.580 --> 01:55:43.440
Senator Paolo Benigno "Bam" Aquino IV: It's not at a sectoral level.

asr-003481
01:55:43.860 --> 01:55:45.520
Senator Paolo Benigno "Bam" Aquino IV: Okay? Anyway, matagal naman tayo

asr-003482
01:55:45.520 --> 01:55:47.540
Senator Paolo Benigno "Bam" Aquino IV: nagtatrabaho, Yusek. Sige, ano pa?

asr-003483
01:55:47.700 --> 01:55:49.800
DTI Undersecretary Ceferino S. Rodolfo: Honorable Chair, kung titignan nyo nga ho

asr-003484
01:55:49.800 --> 01:55:51.860
DTI Undersecretary Ceferino S. Rodolfo: sa IBPAP,

asr-003485
01:55:52.440 --> 01:55:53.740
DTI Undersecretary Ceferino S. Rodolfo: meron silang forecast

asr-003486
01:55:53.740 --> 01:55:55.580
DTI Undersecretary Ceferino S. Rodolfo: na jobs

asr-003487
01:55:55.580 --> 01:55:57.860
DTI Undersecretary Ceferino S. Rodolfo: nasa

asr-003488
01:55:57.860 --> 01:55:59.500
DTI Undersecretary Ceferino S. Rodolfo: lower end na po yung ina-adapt nila

asr-003489
01:55:59.500 --> 01:56:01.520
DTI Undersecretary Ceferino S. Rodolfo: ngayon, sir, di ba? So, hindi na yung...

asr-003490
01:56:01.520 --> 01:56:02.980
DTI Undersecretary Ceferino S. Rodolfo: So, I think there's already a

asr-003491
01:56:02.980 --> 01:56:05.200
DTI Undersecretary Ceferino S. Rodolfo: realization also on the industry.

asr-003492
01:56:05.580 --> 01:56:06.820
DTI Undersecretary Ceferino S. Rodolfo: We will comply, Senator.

asr-003493
01:56:07.200 --> 01:56:09.760
Senator Paolo Benigno "Bam" Aquino IV: So, can we, and our office can join

asr-003494
01:56:09.760 --> 01:56:11.360
Senator Paolo Benigno "Bam" Aquino IV: you if you're gonna have a roundtable

asr-003495
01:56:11.360 --> 01:56:13.420
Senator Paolo Benigno "Bam" Aquino IV: because we want to be ahead of it.

asr-003496
01:56:14.000 --> 01:56:14.720
Senator Paolo Benigno "Bam" Aquino IV: Usually kasi,

asr-003497
01:56:15.720 --> 01:56:17.780
Senator Paolo Benigno "Bam" Aquino IV: ano tayo, reactive eh. We have to be ahead

asr-003498
01:56:17.780 --> 01:56:18.980
Senator Paolo Benigno "Bam" Aquino IV: of it, honestly. It's already

asr-003499
01:56:18.980 --> 01:56:21.440
Senator Paolo Benigno "Bam" Aquino IV: happening faster than everybody expected.

asr-003500
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.

asr-003501
01:56:24.500 --> 01:56:25.600
Senator Paolo Benigno "Bam" Aquino IV: Di ba? It's that

asr-003502
01:56:25.600 --> 01:56:27.540
Senator Paolo Benigno "Bam" Aquino IV: fast that people are asking for a

asr-003503
01:56:27.540 --> 01:56:29.220
Senator Paolo Benigno "Bam" Aquino IV: slowdown. Can you imagine that?

asr-003504
01:56:29.500 --> 01:56:31.280
Senator Paolo Benigno "Bam" Aquino IV: Eh, tayo nga, we're not even

asr-003505
01:56:31.280 --> 01:56:33.160
Senator Paolo Benigno "Bam" Aquino IV: really in the AI space, but we're just

asr-003506
01:56:33.160 --> 01:56:35.140
Senator Paolo Benigno "Bam" Aquino IV: the, you know, recipients for better

asr-003507
01:56:35.140 --> 01:56:37.180
Senator Paolo Benigno "Bam" Aquino IV: or for worse of all of these developments. Kailangan

asr-003508
01:56:37.180 --> 01:56:38.960
Senator Paolo Benigno "Bam" Aquino IV: unahan na natin. And, of course,

asr-003509
01:56:39.060 --> 01:56:41.200
Senator Paolo Benigno "Bam" Aquino IV: pabalik tayo sa edukasyon, di ba? Whether it's TESDA,

asr-003510
01:56:41.360 --> 01:56:42.800
Senator Paolo Benigno "Bam" Aquino IV: going back to school, scholarships.

asr-003511
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

asr-003512
01:56:45.140 --> 01:56:47.060
Senator Paolo Benigno "Bam" Aquino IV: avenues for them to also

asr-003513
01:56:47.060 --> 01:56:49.820
Senator Paolo Benigno "Bam" Aquino IV: get re-educated

asr-003514
01:56:49.820 --> 01:56:50.900
Senator Paolo Benigno "Bam" Aquino IV: or go back to school, no?

asr-003515
01:56:51.340 --> 01:56:52.600
Senator Paolo Benigno "Bam" Aquino IV: Okay. Pax Silica.

asr-003516
01:56:54.840 --> 01:56:55.520
Senator Paolo Benigno "Bam" Aquino IV: There's a lot

asr-003517
01:56:55.520 --> 01:56:56.340
Senator Paolo Benigno "Bam" Aquino IV: of confusion,

asr-003518
01:56:56.340 --> 01:56:58.380
Senator Paolo Benigno "Bam" Aquino IV: Yusek,

asr-003519
01:56:58.380 --> 01:57:00.620
Senator Paolo Benigno "Bam" Aquino IV: with regard to ano ba talaga

asr-003520
01:57:00.620 --> 01:57:02.380
Senator Paolo Benigno "Bam" Aquino IV: ang, ano ba talaga yung expectation

asr-003521
01:57:02.380 --> 01:57:03.680
Senator Paolo Benigno "Bam" Aquino IV: ng tao sa Pax Silica?

asr-003522
01:57:04.340 --> 01:57:06.140
Senator Paolo Benigno "Bam" Aquino IV: In the hearing that we had,

asr-003523
01:57:06.820 --> 01:57:09.180
Senator Paolo Benigno "Bam" Aquino IV: the head of,

asr-003524
01:57:09.340 --> 01:57:10.640
Senator Paolo Benigno "Bam" Aquino IV: the president of BCDA

asr-003525
01:57:10.640 --> 01:57:12.120
Senator Paolo Benigno "Bam" Aquino IV: said there's no

asr-003526
01:57:12.120 --> 01:57:14.620
Senator Paolo Benigno "Bam" Aquino IV: data center or no

asr-003527
01:57:14.620 --> 01:57:16.040
Senator Paolo Benigno "Bam" Aquino IV: hyperscale data center.

asr-003528
01:57:16.720 --> 01:57:18.640
Senator Paolo Benigno "Bam" Aquino IV: And then later on, in another

asr-003529
01:57:18.640 --> 01:57:19.940
Senator Paolo Benigno "Bam" Aquino IV: briefing, oh,

asr-003530
01:57:20.540 --> 01:57:22.660
Senator Paolo Benigno "Bam" Aquino IV: mukhang meron na namang data center.

asr-003531
01:57:23.580 --> 01:57:25.040
Senator Paolo Benigno "Bam" Aquino IV: Initially, sinabi na

asr-003532
01:57:25.040 --> 01:57:26.980
Senator Paolo Benigno "Bam" Aquino IV: all energy needs

asr-003533
01:57:26.980 --> 01:57:28.240
Senator Paolo Benigno "Bam" Aquino IV: will be developed on the data center.

asr-003534
01:57:28.380 --> 01:57:30.440
Senator Paolo Benigno "Bam" Aquino IV: And then later on, we found

asr-003535
01:57:30.440 --> 01:57:31.640
Senator Paolo Benigno "Bam" Aquino IV: out na, no, there's

asr-003536
01:57:31.640 --> 01:57:33.840
Senator Paolo Benigno "Bam" Aquino IV: efforts to purchase from

asr-003537
01:57:33.840 --> 01:57:36.680
Senator Paolo Benigno "Bam" Aquino IV: other power generators

asr-003538
01:57:36.680 --> 01:57:38.300
Senator Paolo Benigno "Bam" Aquino IV: which, of course, would affect the grid

asr-003539
01:57:38.300 --> 01:57:39.940
Senator Paolo Benigno "Bam" Aquino IV: and affect the cost of electricity.

asr-003540
01:57:41.280 --> 01:57:42.700
Senator Paolo Benigno "Bam" Aquino IV: So we're getting conflicting

asr-003541
01:57:42.700 --> 01:57:44.580
Senator Paolo Benigno "Bam" Aquino IV: reports. Meron na ba, do we

asr-003542
01:57:44.580 --> 01:57:46.660
Senator Paolo Benigno "Bam" Aquino IV: have a document already

asr-003543
01:57:46.660 --> 01:57:48.520
Senator Paolo Benigno "Bam" Aquino IV: about what Pax Silica

asr-003544
01:57:48.520 --> 01:57:50.540
Senator Paolo Benigno "Bam" Aquino IV: is, what the plans are?

asr-003545
01:57:50.880 --> 01:57:52.580
Senator Paolo Benigno "Bam" Aquino IV: Is there already a document about

asr-003546
01:57:52.580 --> 01:57:54.540
Senator Paolo Benigno "Bam" Aquino IV: that? Because what we get are press

asr-003547
01:57:54.540 --> 01:57:56.480
Senator Paolo Benigno "Bam" Aquino IV: releases, what we get are press

asr-003548
01:57:56.480 --> 01:57:58.340
Senator Paolo Benigno "Bam" Aquino IV: statements, which can be misunderstood.

asr-003549
01:57:58.380 --> 01:58:00.900
Senator Paolo Benigno "Bam" Aquino IV: Honestly, and kami rin

asr-003550
01:58:00.900 --> 01:58:02.160
Senator Paolo Benigno "Bam" Aquino IV: who are here,

asr-003551
01:58:02.800 --> 01:58:04.860
Senator Paolo Benigno "Bam" Aquino IV: we're basing it on the hearings

asr-003552
01:58:04.860 --> 01:58:07.040
Senator Paolo Benigno "Bam" Aquino IV: and then later on, we find out

asr-003553
01:58:07.040 --> 01:58:08.860
Senator Paolo Benigno "Bam" Aquino IV: oh, iba pala yung

asr-003554
01:58:08.860 --> 01:58:10.300
Senator Paolo Benigno "Bam" Aquino IV: mga plano.

asr-003555
01:58:11.000 --> 01:58:13.160
Senator Paolo Benigno "Bam" Aquino IV: So, again, for the record,

asr-003556
01:58:13.780 --> 01:58:15.240
Senator Paolo Benigno "Bam" Aquino IV: are there going to be data centers

asr-003557
01:58:15.240 --> 01:58:16.380
Senator Paolo Benigno "Bam" Aquino IV: or is it really advanced manufacturing?

asr-003558
01:58:17.260 --> 01:58:17.760
Senator Paolo Benigno "Bam" Aquino IV: Ano ba talaga?

asr-003559
01:58:19.160 --> 01:58:21.120
DTI Undersecretary Ceferino S. Rodolfo: Thank you, Senator. Dun po sa

asr-003560
01:58:21.120 --> 01:58:23.000
DTI Undersecretary Ceferino S. Rodolfo: Clark, wala pong

asr-003561
01:58:23.000 --> 01:58:25.100
DTI Undersecretary Ceferino S. Rodolfo: data center dun. Talagang advanced

asr-003562
01:58:25.100 --> 01:58:26.260
DTI Undersecretary Ceferino S. Rodolfo: manufacturing po siya.

asr-003563
01:58:26.260 --> 01:58:28.260
DTI Undersecretary Ceferino S. Rodolfo: Kaya nga, we really appreciate

asr-003564
01:58:28.380 --> 01:58:30.460
DTI Undersecretary Ceferino S. Rodolfo: the hearings

asr-003565
01:58:30.460 --> 01:58:32.500
DTI Undersecretary Ceferino S. Rodolfo: that were, the hearing that was called for

asr-003566
01:58:32.500 --> 01:58:34.420
DTI Undersecretary Ceferino S. Rodolfo: by the Senate. Dahil

asr-003567
01:58:34.420 --> 01:58:36.400
DTI Undersecretary Ceferino S. Rodolfo: it's an opportunity for us to put on

asr-003568
01:58:36.400 --> 01:58:38.160
DTI Undersecretary Ceferino S. Rodolfo: record yung mga dokumento

asr-003569
01:58:38.160 --> 01:58:40.480
DTI Undersecretary Ceferino S. Rodolfo: natin. So, ang mga

asr-003570
01:58:40.480 --> 01:58:42.220
DTI Undersecretary Ceferino S. Rodolfo: documents natin are the

asr-003571
01:58:42.220 --> 01:58:44.580
DTI Undersecretary Ceferino S. Rodolfo: agreements that we

asr-003572
01:58:44.580 --> 01:58:46.580
DTI Undersecretary Ceferino S. Rodolfo: signed. Tapos

asr-003573
01:58:46.580 --> 01:58:48.400
DTI Undersecretary Ceferino S. Rodolfo: so, ngayon po dun sa hearing,

asr-003574
01:58:48.560 --> 01:58:49.960
DTI Undersecretary Ceferino S. Rodolfo: yung mga submission din po ng

asr-003575
01:58:49.960 --> 01:58:52.400
Senator Paolo Benigno "Bam" Aquino IV: BCDA at saka din po ng DTI.

asr-003576
01:58:52.560 --> 01:58:54.680
Senator Paolo Benigno "Bam" Aquino IV: So, walang data center

asr-003577
01:58:54.680 --> 01:58:56.600
Senator Paolo Benigno "Bam" Aquino IV: in Clark. But there's a push

asr-003578
01:58:56.600 --> 01:58:58.360
Senator Paolo Benigno "Bam" Aquino IV: for more data centers.

asr-003579
01:58:58.380 --> 01:59:00.260
Senator Paolo Benigno "Bam" Aquino IV: Where are they

asr-003580
01:59:00.260 --> 01:59:01.880
Senator Paolo Benigno "Bam" Aquino IV: expected to be put up?

asr-003581
01:59:02.380 --> 01:59:04.540
DTI Undersecretary Ceferino S. Rodolfo: Yung push po for more data centers,

asr-003582
01:59:04.740 --> 01:59:06.000
DTI Undersecretary Ceferino S. Rodolfo: even wala ho ang

asr-003583
01:59:06.000 --> 01:59:08.200
DTI Undersecretary Ceferino S. Rodolfo: Pax Silica, meron naman din ho

asr-003584
01:59:08.200 --> 01:59:10.500
DTI Undersecretary Ceferino S. Rodolfo: talagang push for more data centers.

asr-003585
01:59:11.060 --> 01:59:12.520
DTI Undersecretary Ceferino S. Rodolfo: Ngayon ho, even as

asr-003586
01:59:12.520 --> 01:59:14.400
DTI Undersecretary Ceferino S. Rodolfo: we speak, meron na talagang mga data

asr-003587
01:59:14.400 --> 01:59:16.340
DTI Undersecretary Ceferino S. Rodolfo: centers. Wala na nga akong

asr-003588
01:59:16.340 --> 01:59:17.180
DTI Undersecretary Ceferino S. Rodolfo: hyperscalers.

asr-003589
01:59:17.380 --> 01:59:20.480
Senator Paolo Benigno "Bam" Aquino IV: Is there a plan for hyperscalers in the

asr-003590
01:59:20.480 --> 01:59:22.420
DTI Undersecretary Ceferino S. Rodolfo: Philippines? Hindi po yung

asr-003591
01:59:22.420 --> 01:59:24.280
DTI Undersecretary Ceferino S. Rodolfo: nakalagay sa Pax Silica, pero

asr-003592
01:59:24.280 --> 01:59:26.560
DTI Undersecretary Ceferino S. Rodolfo: nakalagay po yun dun sa AI

asr-003593
01:59:26.560 --> 01:59:28.060
DTI Undersecretary Ceferino S. Rodolfo: roadmap structure,

asr-003594
01:59:28.380 --> 01:59:29.860
DTI Undersecretary Ceferino S. Rodolfo: third plan ng DICT.

asr-003595
01:59:30.500 --> 01:59:31.700
DTI Undersecretary Ceferino S. Rodolfo: So, even sa local,

asr-003596
01:59:32.320 --> 01:59:34.020
DTI Undersecretary Ceferino S. Rodolfo: even sa domestic plans

asr-003597
01:59:34.020 --> 01:59:36.100
DTI Undersecretary Ceferino S. Rodolfo: natin, meron yung mga yun

asr-003598
01:59:36.100 --> 01:59:38.180
DTI Undersecretary Ceferino S. Rodolfo: in the areas where they are

asr-003599
01:59:38.180 --> 01:59:40.080
DTI Undersecretary Ceferino S. Rodolfo: most appropriate to be built.

asr-003600
01:59:40.900 --> 01:59:42.340
DTI Undersecretary Ceferino S. Rodolfo: Kagaya ho, nang sinasabi

asr-003601
01:59:42.340 --> 01:59:44.300
DTI Undersecretary Ceferino S. Rodolfo: diba ho sa Clark, hindi pwede

asr-003602
01:59:44.300 --> 01:59:46.260
DTI Undersecretary Ceferino S. Rodolfo: sa Clark dahil mahirap

asr-003603
01:59:46.260 --> 01:59:48.460
DTI Undersecretary Ceferino S. Rodolfo: yung tubig, tapos yung kuryente,

asr-003604
01:59:48.640 --> 01:59:49.640
DTI Undersecretary Ceferino S. Rodolfo: baka magka problema.

asr-003605
01:59:50.400 --> 01:59:52.060
DTI Undersecretary Ceferino S. Rodolfo: Kaya nga, talagang hindi ho sa Clark

asr-003606
01:59:52.060 --> 01:59:53.940
Senator Paolo Benigno "Bam" Aquino IV: gagawin. Saan ba yung lugar na okay

asr-003607
01:59:53.940 --> 01:59:56.340
Senator Paolo Benigno "Bam" Aquino IV: ang tubig at okay ang kuryente sa Pilipinas?

asr-003608
01:59:56.620 --> 01:59:58.300
DTI Undersecretary Ceferino S. Rodolfo: Kung titignan po natin yung

asr-003609
01:59:58.380 --> 01:59:59.880
DTI Undersecretary Ceferino S. Rodolfo: sa AI master.

asr-003610
02:00:00.000 --> 02:00:01.800
DTI Undersecretary Ceferino S. Rodolfo: plan ni DICT. But of course,

asr-003611
02:00:01.900 --> 02:00:03.820
DTI Undersecretary Ceferino S. Rodolfo: it should be DICT to respond

asr-003612
02:00:03.820 --> 02:00:05.640
DTI Undersecretary Ceferino S. Rodolfo: to this. But kung titignan po natin,

asr-003613
02:00:06.200 --> 02:00:08.000
DTI Undersecretary Ceferino S. Rodolfo: may mga na-identify po

asr-003614
02:00:08.000 --> 02:00:09.780
DTI Undersecretary Ceferino S. Rodolfo: silang corridors.

asr-003615
02:00:10.420 --> 02:00:11.780
DTI Undersecretary Ceferino S. Rodolfo: Isa po sa corridor doon

asr-003616
02:00:11.780 --> 02:00:13.500
DTI Undersecretary Ceferino S. Rodolfo: yung mga nasa coastal area.

asr-003617
02:00:13.980 --> 02:00:15.380
Senator Paolo Benigno "Bam" Aquino IV: Okay. But

asr-003618
02:00:15.380 --> 02:00:17.540
Senator Paolo Benigno "Bam" Aquino IV: these technically aren't under

asr-003619
02:00:17.540 --> 02:00:19.700
DTI Undersecretary Ceferino S. Rodolfo: Pax Silica? Under Pax Silica po,

asr-003620
02:00:19.780 --> 02:00:21.840
DTI Undersecretary Ceferino S. Rodolfo: isa lang po yung proyekto na pinag-uusapan

asr-003621
02:00:21.840 --> 02:00:23.980
DTI Undersecretary Ceferino S. Rodolfo: pa lang. And that is yung advanced manufacturing.

asr-003622
02:00:24.700 --> 02:00:25.640
Senator Paolo Benigno "Bam" Aquino IV: Okay. Because

asr-003623
02:00:25.640 --> 02:00:27.560
Senator Paolo Benigno "Bam" Aquino IV: we're, you know,

asr-003624
02:00:27.620 --> 02:00:29.660
Senator Paolo Benigno "Bam" Aquino IV: it's bothersome for us that we get

asr-003625
02:00:29.660 --> 02:00:31.620
Senator Paolo Benigno "Bam" Aquino IV: these reports and then parang iba yung

asr-003626
02:00:31.620 --> 02:00:33.060
Senator Paolo Benigno "Bam" Aquino IV: naririnig namin sa mga hearing.

asr-003627
02:00:33.560 --> 02:00:35.580
Senator Paolo Benigno "Bam" Aquino IV: So maybe, ano ba, for once

asr-003628
02:00:35.580 --> 02:00:36.980
Senator Paolo Benigno "Bam" Aquino IV: and for all, tama ba yung term ko?

asr-003629
02:00:37.220 --> 02:00:39.040
Senator Paolo Benigno "Bam" Aquino IV: Can you have something on paper?

asr-003630
02:00:39.600 --> 02:00:40.800
Senator Paolo Benigno "Bam" Aquino IV: That's with you, diba, Yusek?

asr-003631
02:00:41.020 --> 02:00:43.000
Senator Paolo Benigno "Bam" Aquino IV: Tama ba? Or are you

asr-003632
02:00:43.000 --> 02:00:44.660
Senator Paolo Benigno "Bam" Aquino IV: not the person for this? Ikaw rin yan, diba?

asr-003633
02:00:45.800 --> 02:00:46.880
DTI Undersecretary Ceferino S. Rodolfo: DTI and

asr-003634
02:00:46.880 --> 02:00:48.720
DTI Undersecretary Ceferino S. Rodolfo: the whole of government naman po.

asr-003635
02:00:48.880 --> 02:00:50.960
DTI Undersecretary Ceferino S. Rodolfo: Yeah, but who is the... Are you the

asr-003636
02:00:50.960 --> 02:00:52.800
Senator Paolo Benigno "Bam" Aquino IV: head, Secretary? Ikaw bang head ng

asr-003637
02:00:52.800 --> 02:00:53.500
Senator Paolo Benigno "Bam" Aquino IV: effort na to?

asr-003638
02:00:55.620 --> 02:00:56.840
Senator Paolo Benigno "Bam" Aquino IV: BCDA is not a secretary

asr-003639
02:00:56.840 --> 02:00:58.860
Senator Paolo Benigno "Bam" Aquino IV: level. So usually a secretary level

asr-003640
02:00:58.860 --> 02:00:59.820
Senator Paolo Benigno "Bam" Aquino IV: is on top, diba?

asr-003641
02:01:00.720 --> 02:01:02.680
Senator Paolo Benigno "Bam" Aquino IV: So is it Secretary Roque or

asr-003642
02:01:02.680 --> 02:01:04.560
Senator Paolo Benigno "Bam" Aquino IV: Secretary Aguda? Sino bang ano?

asr-003643
02:01:04.900 --> 02:01:06.780
DTI Undersecretary Ceferino S. Rodolfo: Yun pong pumunta dun sa

asr-003644
02:01:06.780 --> 02:01:08.780
DTI Undersecretary Ceferino S. Rodolfo: Washington po nung nagpirmahan.

asr-003645
02:01:08.900 --> 02:01:09.860
Senator Paolo Benigno "Bam" Aquino IV: Okay. Sino ba?

asr-003645-split-2
02:01:09.860 --> 02:01:10.900
DTI Undersecretary Ceferino S. Rodolfo: So ako po yung

asr-003646
02:01:10.900 --> 02:01:12.020
DTI Undersecretary Ceferino S. Rodolfo: pumirma and then nang nagpirmahan.

asr-003646-split-2
02:01:12.020 --> 02:01:12.740
Senator Paolo Benigno "Bam" Aquino IV: Ah, ikaw pala eh.

asr-003647
02:01:14.740 --> 02:01:17.020
DTI Undersecretary Ceferino S. Rodolfo: Pero I'm fairly authorized

asr-003648
02:01:17.020 --> 02:01:18.720
Senator Paolo Benigno "Bam" Aquino IV: naman po. Yes. So Secretary Roque.

asr-003649
02:01:19.200 --> 02:01:20.020
Senator Paolo Benigno "Bam" Aquino IV: Because DTI.

asr-003650
02:01:21.120 --> 02:01:22.920
DTI Undersecretary Ceferino S. Rodolfo: Yes po, si Secretary Roque.

asr-003651
02:01:23.020 --> 02:01:24.380
DTI Undersecretary Ceferino S. Rodolfo: Yung economic team po natin.

asr-003652
02:01:24.740 --> 02:01:26.740
Senator Paolo Benigno "Bam" Aquino IV: Okay. But, sorry, just give me an answer.

asr-003653
02:01:26.740 --> 02:01:28.200
Senator Paolo Benigno "Bam" Aquino IV: So who is the Secretary?

asr-003654
02:01:28.860 --> 02:01:30.880
Senator Paolo Benigno "Bam" Aquino IV: Who is responsible

asr-003655
02:01:30.880 --> 02:01:32.720
Senator Paolo Benigno "Bam" Aquino IV: for this effort? Para lang malinaw.

asr-003656
02:01:32.940 --> 02:01:34.440
DTI Undersecretary Ceferino S. Rodolfo: Si Secretary Go po.

asr-003657
02:01:34.740 --> 02:01:35.680
Senator Paolo Benigno "Bam" Aquino IV: Okay. So DOF.

asr-003658
02:01:35.980 --> 02:01:38.860
DTI Undersecretary Ceferino S. Rodolfo: At saka si sa ES po. Okay. So Secretary

asr-003659
02:01:38.860 --> 02:01:40.340
Senator Paolo Benigno "Bam" Aquino IV: Go and Secretary Ralph.

asr-003660
02:01:43.300 --> 02:01:44.940
Senator Paolo Benigno "Bam" Aquino IV: But you are the one

asr-003661
02:01:44.940 --> 02:01:46.080
Senator Paolo Benigno "Bam" Aquino IV: operating everything, right?

asr-003662
02:01:47.000 --> 02:01:49.080
Senator Paolo Benigno "Bam" Aquino IV: Secretariat level? Senior official level.

asr-003663
02:01:49.100 --> 02:01:49.840
DTI Undersecretary Ceferino S. Rodolfo: At cabinet level.

asr-003664
02:01:50.360 --> 02:01:52.720
Senator Paolo Benigno "Bam" Aquino IV: Sige. Can we have...

asr-003665
02:01:53.560 --> 02:01:54.920
Senator Paolo Benigno "Bam" Aquino IV: Yeah, I'm sure you have

asr-003666
02:01:54.920 --> 02:01:56.640
Senator Paolo Benigno "Bam" Aquino IV: your paperwork already, right? Diba?

asr-003667
02:01:56.640 --> 02:01:58.580
Senator Paolo Benigno "Bam" Aquino IV: So could you submit that before the plenary?

asr-003668
02:01:58.860 --> 02:02:01.060
Senator Paolo Benigno "Bam" Aquino IV: For DTI. Para lang

asr-003669
02:02:01.060 --> 02:02:03.000
Senator Paolo Benigno "Bam" Aquino IV: malinaw. I'm sure many senators also

asr-003670
02:02:03.000 --> 02:02:05.060
Senator Paolo Benigno "Bam" Aquino IV: want to see. Ano ba talaga? Diba?

asr-003671
02:02:05.560 --> 02:02:07.180
Senator Paolo Benigno "Bam" Aquino IV: And so we can also help in terms

asr-003672
02:02:07.180 --> 02:02:08.860
Senator Paolo Benigno "Bam" Aquino IV: of clarifying. Okay.

asr-003673
02:02:09.080 --> 02:02:11.100
Senator Paolo Benigno "Bam" Aquino IV: With regard to the energy

asr-003674
02:02:11.100 --> 02:02:13.040
Senator Paolo Benigno "Bam" Aquino IV: needs. I remember in the

asr-003675
02:02:13.040 --> 02:02:15.160
Senator Paolo Benigno "Bam" Aquino IV: hearing, ang sabi, you will

asr-003676
02:02:15.160 --> 02:02:17.160
Senator Paolo Benigno "Bam" Aquino IV: build your own

asr-003677
02:02:17.160 --> 02:02:19.060
Senator Paolo Benigno "Bam" Aquino IV: energy generation

asr-003678
02:02:19.060 --> 02:02:20.620
Senator Paolo Benigno "Bam" Aquino IV: in Clark. Is that true?

asr-003679
02:02:21.400 --> 02:02:22.340
Senator Paolo Benigno "Bam" Aquino IV: Is that still true?

asr-003679-split-2
02:02:22.340 --> 02:02:22.800
DTI Undersecretary Ceferino S. Rodolfo: Yes, sir.

asr-003680
02:02:23.020 --> 02:02:25.240
Senator Paolo Benigno "Bam" Aquino IV: Yes. So bakit may mga efforts

asr-003681
02:02:25.240 --> 02:02:27.000
Senator Paolo Benigno "Bam" Aquino IV: na bumili sa mga power producers

asr-003682
02:02:27.000 --> 02:02:28.720
Senator Paolo Benigno "Bam" Aquino IV: in the area? Hindi naman.

asr-003683
02:02:28.860 --> 02:02:29.180
Senator Paolo Benigno "Bam" Aquino IV: Hindi.

asr-003684
02:02:30.880 --> 02:02:33.020
DTI Undersecretary Ceferino S. Rodolfo: Ang alam ko, dun po sa

asr-003685
02:02:33.020 --> 02:02:34.580
DTI Undersecretary Ceferino S. Rodolfo: pakipag-ugnayan natin sa

asr-003686
02:02:34.580 --> 02:02:36.640
DTI Undersecretary Ceferino S. Rodolfo: BCDA, may mga investors na pong

asr-003687
02:02:36.640 --> 02:02:38.600
DTI Undersecretary Ceferino S. Rodolfo: kausap para magtatayo

asr-003688
02:02:38.600 --> 02:02:40.940
DTI Undersecretary Ceferino S. Rodolfo: ng mga embedded power generation

asr-003689
02:02:40.940 --> 02:02:42.620
DTI Undersecretary Ceferino S. Rodolfo: plants. That's my understanding as well.

asr-003690
02:02:43.680 --> 02:02:45.280
DTI Undersecretary Ceferino S. Rodolfo: For the Clark Advanced Manufacturing.

asr-003691
02:02:45.280 --> 02:02:46.520
Senator Paolo Benigno "Bam" Aquino IV: Okay. So the timing kasi,

asr-003692
02:02:46.940 --> 02:02:48.740
Senator Paolo Benigno "Bam" Aquino IV: and again, Yuseca,

asr-003693
02:02:49.300 --> 02:02:50.840
Senator Paolo Benigno "Bam" Aquino IV: ano lang kasi, iba-iba

asr-003694
02:02:50.840 --> 02:02:52.360
Senator Paolo Benigno "Bam" Aquino IV: yung mga balitang nakukuha namin.

asr-003695
02:02:53.300 --> 02:02:54.960
Senator Paolo Benigno "Bam" Aquino IV: To put up a plant will take

asr-003696
02:02:54.960 --> 02:02:56.020
Senator Paolo Benigno "Bam" Aquino IV: five to seven years.

asr-003697
02:02:56.400 --> 02:02:58.200
Senator Paolo Benigno "Bam" Aquino IV: But many of the plants

asr-003698
02:02:58.200 --> 02:03:00.180
Senator Paolo Benigno "Bam" Aquino IV: are within two years, right?

asr-003699
02:03:00.440 --> 02:03:02.240
Senator Paolo Benigno "Bam" Aquino IV: 2028, 2029. Tama ba?

asr-003700
02:03:02.640 --> 02:03:03.860
Senator Paolo Benigno "Bam" Aquino IV: Tama. So

asr-003701
02:03:03.860 --> 02:03:06.500
Senator Paolo Benigno "Bam" Aquino IV: saan po yung kukuha ng kuryente

asr-003702
02:03:06.500 --> 02:03:08.640
Senator Paolo Benigno "Bam" Aquino IV: kung it takes five years

asr-003703
02:03:08.640 --> 02:03:09.980
Senator Paolo Benigno "Bam" Aquino IV: to build the plant?

asr-003704
02:03:10.380 --> 02:03:12.360
Senator Paolo Benigno "Bam" Aquino IV: Mabilis na yun. Pero within

asr-003705
02:03:12.360 --> 02:03:14.240
Senator Paolo Benigno "Bam" Aquino IV: two years, kailangan nakatayo na yung mga

asr-003706
02:03:14.240 --> 02:03:14.700
Senator Paolo Benigno "Bam" Aquino IV: facility.

asr-003707
02:03:16.220 --> 02:03:17.720
DTI Undersecretary Ceferino S. Rodolfo: Hindi naman po sa

asr-003708
02:03:17.720 --> 02:03:20.200
DTI Undersecretary Ceferino S. Rodolfo: your honors, hindi naman po sa

asr-003709
02:03:20.200 --> 02:03:22.280
DTI Undersecretary Ceferino S. Rodolfo: simula pa lang malaki na kagal yung

asr-003710
02:03:22.280 --> 02:03:23.220
DTI Undersecretary Ceferino S. Rodolfo: power requirement.

asr-003711
02:03:24.160 --> 02:03:26.080
DTI Undersecretary Ceferino S. Rodolfo: Kaya sa simula po ang nakikita natin,

asr-003712
02:03:26.080 --> 02:03:28.040
DTI Undersecretary Ceferino S. Rodolfo: yung pagkukuha na, yung pinirmaan na po

asr-003713
02:03:28.040 --> 02:03:30.180
DTI Undersecretary Ceferino S. Rodolfo: po ni BCDA with an agreement

asr-003714
02:03:30.180 --> 02:03:31.160
DTI Undersecretary Ceferino S. Rodolfo: with an investor.

asr-003715
02:03:32.000 --> 02:03:33.100
DTI Undersecretary Ceferino S. Rodolfo: Yung invest, again po,

asr-003716
02:03:34.100 --> 02:03:35.900
DTI Undersecretary Ceferino S. Rodolfo: si BCDA makapagbigay ng mga

asr-003717
02:03:35.900 --> 02:03:38.200
DTI Undersecretary Ceferino S. Rodolfo: mas accurate na submission.

asr-003718
02:03:38.820 --> 02:03:40.420
DTI Undersecretary Ceferino S. Rodolfo: But yung pinirmahan nilang

asr-003719
02:03:40.420 --> 02:03:42.120
DTI Undersecretary Ceferino S. Rodolfo: solar power project with

asr-003720
02:03:42.120 --> 02:03:44.360
DTI Undersecretary Ceferino S. Rodolfo: ACWA, A-C-W-A.

asr-003721
02:03:44.480 --> 02:03:45.640
DTI Undersecretary Ceferino S. Rodolfo: It's really a Saudi

asr-003722
02:03:45.640 --> 02:03:48.100
DTI Undersecretary Ceferino S. Rodolfo: based na company to put up

asr-003723
02:03:48.100 --> 02:03:49.940
DTI Undersecretary Ceferino S. Rodolfo: a 500 megawatt na

asr-003724
02:03:49.940 --> 02:03:51.840
DTI Undersecretary Ceferino S. Rodolfo: solar power project with

asr-003725
02:03:51.840 --> 02:03:54.120
DTI Undersecretary Ceferino S. Rodolfo: battery energy storage facility.

asr-003726
02:03:54.640 --> 02:03:56.220
DTI Undersecretary Ceferino S. Rodolfo: Tapos po, so yun po yung

asr-003727
02:03:56.220 --> 02:03:58.020
DTI Undersecretary Ceferino S. Rodolfo: pinaka-immediate na pagkukuha.

asr-003728
02:03:58.040 --> 02:04:00.020
DTI Undersecretary Ceferino S. Rodolfo: Tapos po, yung

asr-003729
02:04:00.020 --> 02:04:01.940
DTI Undersecretary Ceferino S. Rodolfo: pangalawa po is the, may

asr-003730
02:04:01.940 --> 02:04:03.640
DTI Undersecretary Ceferino S. Rodolfo: kinakausap po silang investor

asr-003731
02:04:03.640 --> 02:04:05.920
DTI Undersecretary Ceferino S. Rodolfo: for two things. Number one,

asr-003732
02:04:06.120 --> 02:04:07.960
DTI Undersecretary Ceferino S. Rodolfo: an LNG import terminal

asr-003733
02:04:07.960 --> 02:04:09.640
DTI Undersecretary Ceferino S. Rodolfo: doon po sa Subic.

asr-003734
02:04:10.220 --> 02:04:11.440
DTI Undersecretary Ceferino S. Rodolfo: Pagkatapos po,

asr-003735
02:04:12.340 --> 02:04:13.960
DTI Undersecretary Ceferino S. Rodolfo: ipapipe yung gas

asr-003736
02:04:13.960 --> 02:04:16.300
DTI Undersecretary Ceferino S. Rodolfo: papunta sa Clark. Tapos maglalagay

asr-003737
02:04:16.300 --> 02:04:17.940
DTI Undersecretary Ceferino S. Rodolfo: po ng gas-fired power

asr-003738
02:04:17.940 --> 02:04:19.800
DTI Undersecretary Ceferino S. Rodolfo: plant na embedded po doon sa Clark.

asr-003739
02:04:19.860 --> 02:04:22.120
Senator Paolo Benigno "Bam" Aquino IV: So Yusek, so that's great.

asr-003740
02:04:22.420 --> 02:04:23.900
Senator Paolo Benigno "Bam" Aquino IV: But those plants,

asr-003741
02:04:24.040 --> 02:04:25.380
Senator Paolo Benigno "Bam" Aquino IV: whether it's LNG or solar,

asr-003742
02:04:25.380 --> 02:04:27.880
Senator Paolo Benigno "Bam" Aquino IV: won't be up in two years.

asr-003743
02:04:28.040 --> 02:04:30.100
Senator Paolo Benigno "Bam" Aquino IV: That takes about five to seven years.

asr-003744
02:04:30.240 --> 02:04:31.760
Senator Paolo Benigno "Bam" Aquino IV: Especially yung LNG, matagal yan.

asr-003745
02:04:31.880 --> 02:04:34.060
Senator Paolo Benigno "Bam" Aquino IV: Hindi yan ganun kabilis. So ano yung plano

asr-003746
02:04:34.060 --> 02:04:35.720
Senator Paolo Benigno "Bam" Aquino IV: if the facility

asr-003747
02:04:35.720 --> 02:04:38.180
Senator Paolo Benigno "Bam" Aquino IV: is supposed to be up by 2029?

asr-003748
02:04:38.500 --> 02:04:40.120
Senator Paolo Benigno "Bam" Aquino IV: Tama ba? 2029 yung target, di ba?

asr-003749
02:04:40.380 --> 02:04:41.640
DTI Undersecretary Ceferino S. Rodolfo: Yun pong

asr-003750
02:04:41.640 --> 02:04:43.700
DTI Undersecretary Ceferino S. Rodolfo: ang plano po, una muna yung mga

asr-003751
02:04:43.700 --> 02:04:45.720
DTI Undersecretary Ceferino S. Rodolfo: infrastructure projects to support.

asr-003752
02:04:45.840 --> 02:04:46.840
DTI Undersecretary Ceferino S. Rodolfo: Kagaya ka po nung

asr-003753
02:04:46.840 --> 02:04:49.900
DTI Undersecretary Ceferino S. Rodolfo: power at saka nung water. So for the first

asr-003754
02:04:49.900 --> 02:04:51.040
DTI Undersecretary Ceferino S. Rodolfo: two years, yun po muna.

asr-003755
02:04:51.380 --> 02:04:53.500
Senator Paolo Benigno "Bam" Aquino IV: Yeah, but you won't produce anything in two years.

asr-003756
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

asr-003757
02:04:55.760 --> 02:04:57.540
Senator Paolo Benigno "Bam" Aquino IV: because those plants are still being made.

asr-003758
02:04:58.040 --> 02:04:59.620
Senator Paolo Benigno "Bam" Aquino IV: So is the plan

asr-003759
02:04:59.620 --> 02:05:00.640
Senator Paolo Benigno "Bam" Aquino IV: to buy

asr-003760
02:05:00.640 --> 02:05:03.700
Senator Paolo Benigno "Bam" Aquino IV: from the local

asr-003761
02:05:03.700 --> 02:05:05.820
Senator Paolo Benigno "Bam" Aquino IV: producers in the time

asr-003762
02:05:05.820 --> 02:05:07.800
Senator Paolo Benigno "Bam" Aquino IV: that hindi pa nakatayo yung planta?

asr-003763
02:05:07.940 --> 02:05:10.180
DTI Undersecretary Ceferino S. Rodolfo: Yun pong solar po yung pinakamabilis

asr-003764
02:05:10.180 --> 02:05:12.020
DTI Undersecretary Ceferino S. Rodolfo: na pwedeng i-ramp

asr-003765
02:05:12.020 --> 02:05:14.040
DTI Undersecretary Ceferino S. Rodolfo: up po nila. Kaya sa simula

asr-003766
02:05:14.040 --> 02:05:15.860
DTI Undersecretary Ceferino S. Rodolfo: po, yung solar muna with the battery

asr-003767
02:05:15.860 --> 02:05:17.380
DTI Undersecretary Ceferino S. Rodolfo: energy storage na

asr-003768
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

asr-003769
02:05:19.920 --> 02:05:21.680
Senator Paolo Benigno "Bam" Aquino IV: in two years. So are you saying

asr-003770
02:05:21.680 --> 02:05:23.280
Senator Paolo Benigno "Bam" Aquino IV: that there's no plan to buy?

asr-003771
02:05:23.420 --> 02:05:25.900
Senator Paolo Benigno "Bam" Aquino IV: The plan is really to generate the power

asr-003772
02:05:25.900 --> 02:05:27.960
DTI Undersecretary Ceferino S. Rodolfo: locally? Yun po yung alam po

asr-003773
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.

asr-003774
02:05:28.040 --> 02:05:29.700
DTI Undersecretary Ceferino S. Rodolfo: Sa sinasabing ni BCDA.

asr-003775
02:05:29.900 --> 02:05:32.060
DTI Undersecretary Ceferino S. Rodolfo: Pagkatapos, yun po namang ating

asr-003776
02:05:32.060 --> 02:05:34.000
DTI Undersecretary Ceferino S. Rodolfo: mga first investors, darating naman po

asr-003777
02:05:34.000 --> 02:05:36.180
DTI Undersecretary Ceferino S. Rodolfo: after the second year naman po sila

asr-003778
02:05:36.180 --> 02:05:38.100
DTI Undersecretary Ceferino S. Rodolfo: matatayo yung mga facilities natin.

asr-003779
02:05:38.540 --> 02:05:40.060
Senator Paolo Benigno "Bam" Aquino IV: Can you check lang? Please check the timings.

asr-003780
02:05:40.060 --> 02:05:41.580
DTI Undersecretary Ceferino S. Rodolfo: Yes, sir.

asr-003781
02:05:41.580 --> 02:05:46.060
Senator Paolo Benigno "Bam" Aquino IV: Because one of the concerns is that

asr-003782
02:05:46.060 --> 02:05:48.020
Senator Paolo Benigno "Bam" Aquino IV: this huge energy needs

asr-003783
02:05:48.020 --> 02:05:49.480
Senator Paolo Benigno "Bam" Aquino IV: will be purchased

asr-003784
02:05:49.480 --> 02:05:51.960
Senator Paolo Benigno "Bam" Aquino IV: from the market, which

asr-003785
02:05:51.960 --> 02:05:54.180
Senator Paolo Benigno "Bam" Aquino IV: of course will raise prices.

asr-003786
02:05:54.480 --> 02:05:56.120
Senator Paolo Benigno "Bam" Aquino IV: And there was a promise that

asr-003787
02:05:56.120 --> 02:05:57.820
Senator Paolo Benigno "Bam" Aquino IV: hindi ito magtataas ng presyo.

asr-003788
02:05:58.040 --> 02:05:59.860
Senator Paolo Benigno "Bam" Aquino IV: Kasi locally generated yung

asr-003789
02:05:59.860 --> 02:06:02.260
Senator Paolo Benigno "Bam" Aquino IV: kuryente. So the timings

asr-003790
02:06:02.260 --> 02:06:04.400
Senator Paolo Benigno "Bam" Aquino IV: for me, I'm looking at the timings

asr-003791
02:06:04.400 --> 02:06:06.200
Senator Paolo Benigno "Bam" Aquino IV: parang hindi nagmamatch.

asr-003792
02:06:06.500 --> 02:06:08.120
Senator Paolo Benigno "Bam" Aquino IV: Now, if the answer is we will buy

asr-003793
02:06:08.120 --> 02:06:09.940
Senator Paolo Benigno "Bam" Aquino IV: locally, then let's tackle that.

asr-003794
02:06:10.140 --> 02:06:11.860
Senator Paolo Benigno "Bam" Aquino IV: But I just want to be clear

asr-003795
02:06:11.860 --> 02:06:14.140
Senator Paolo Benigno "Bam" Aquino IV: and to be accurate with all of the

asr-003796
02:06:14.140 --> 02:06:15.780
Senator Paolo Benigno "Bam" Aquino IV: reporting and all of the

asr-003797
02:06:15.780 --> 02:06:17.720
Senator Paolo Benigno "Bam" Aquino IV: things mentioned in the hearings.

asr-003798
02:06:18.120 --> 02:06:19.480
Senator Paolo Benigno "Bam" Aquino IV: So could you clarify that please?

asr-003799
02:06:20.880 --> 02:06:21.040
Senator Paolo Benigno "Bam" Aquino IV: Okay.

asr-003800
02:06:22.420 --> 02:06:24.120
Senator Paolo Benigno "Bam" Aquino IV: Because it's already getting

asr-003801
02:06:24.120 --> 02:06:25.940
Senator Paolo Benigno "Bam" Aquino IV: opposition and

asr-003802
02:06:25.940 --> 02:06:27.320
Senator Paolo Benigno "Bam" Aquino IV: nag-usap tayo offline.

asr-003803
02:06:28.040 --> 02:06:28.300
Senator Paolo Benigno "Bam" Aquino IV: That

asr-003804
02:06:28.300 --> 02:06:33.680
Senator Paolo Benigno "Bam" Aquino IV: people were opposing it

asr-003805
02:06:33.680 --> 02:06:35.780
Senator Paolo Benigno "Bam" Aquino IV: even before government was able to

asr-003806
02:06:35.780 --> 02:06:37.560
Senator Paolo Benigno "Bam" Aquino IV: present the specifics.

asr-003807
02:06:38.320 --> 02:06:39.960
Senator Paolo Benigno "Bam" Aquino IV: But now that you have some specifics,

asr-003808
02:06:40.180 --> 02:06:41.740
Senator Paolo Benigno "Bam" Aquino IV: we owe it to the people to be transparent.

asr-003809
02:06:42.000 --> 02:06:43.720
Senator Paolo Benigno "Bam" Aquino IV: So at least we're all on the same page

asr-003810
02:06:43.720 --> 02:06:45.760
Senator Paolo Benigno "Bam" Aquino IV: on what we are supporting or what we

asr-003811
02:06:45.760 --> 02:06:46.280
Senator Paolo Benigno "Bam" Aquino IV: are opposing.

asr-003812
02:06:47.580 --> 02:06:48.020
Senator Paolo Benigno "Bam" Aquino IV: So

asr-003813
02:06:48.020 --> 02:06:51.520
Senator Paolo Benigno "Bam" Aquino IV: obviously we want to have more

asr-003814
02:06:51.520 --> 02:06:53.620
Senator Paolo Benigno "Bam" Aquino IV: manufacturing in the Philippines. That's

asr-003815
02:06:53.620 --> 02:06:55.880
Senator Paolo Benigno "Bam" Aquino IV: a pillar that we need to support further.

asr-003816
02:06:56.480 --> 02:06:57.380
Senator Paolo Benigno "Bam" Aquino IV: Pero we also want

asr-003817
02:06:57.380 --> 02:06:59.740
Senator Paolo Benigno "Bam" Aquino IV: acceptability from everybody

asr-003818
02:06:59.740 --> 02:07:01.720
Senator Paolo Benigno "Bam" Aquino IV: in terms of

asr-003819
02:07:01.720 --> 02:07:03.760
Senator Paolo Benigno "Bam" Aquino IV: moving forward na we're

asr-003820
02:07:03.760 --> 02:07:05.180
Senator Paolo Benigno "Bam" Aquino IV: agreeing on the same things.

asr-003821
02:07:06.680 --> 02:07:07.680
Senator Paolo Benigno "Bam" Aquino IV: Anyway, we're also

asr-003822
02:07:07.680 --> 02:07:09.860
Senator Paolo Benigno "Bam" Aquino IV: working with BCDA to make sure

asr-003823
02:07:09.860 --> 02:07:10.340
Senator Paolo Benigno "Bam" Aquino IV: that

asr-003824
02:07:10.340 --> 02:07:13.900
Senator Paolo Benigno "Bam" Aquino IV: the facility of

asr-003825
02:07:13.900 --> 02:07:15.860
Senator Paolo Benigno "Bam" Aquino IV: Pax Silica is 3 to

asr-003826
02:07:15.860 --> 02:07:16.920
Senator Paolo Benigno "Bam" Aquino IV: 4 BGCs.

asr-003827
02:07:17.520 --> 02:07:19.620
Senator Paolo Benigno "Bam" Aquino IV: Ganon siya kalaki. Tama di ba?

asr-003828
02:07:20.220 --> 02:07:20.840
Senator Paolo Benigno "Bam" Aquino IV: 3...

asr-003829
02:07:20.840 --> 02:07:22.200
DTI Undersecretary Ceferino S. Rodolfo: Yes.

asr-003829-split-2
02:07:22.200 --> 02:07:23.880
Senator Paolo Benigno "Bam" Aquino IV: Yeah.

asr-003830
02:07:24.220 --> 02:07:25.620
Senator Paolo Benigno "Bam" Aquino IV: It's 3 to 4

asr-003831
02:07:25.620 --> 02:07:27.140
Senator Paolo Benigno "Bam" Aquino IV: BGCs. Ganon siya kalaki.

asr-003832
02:07:27.380 --> 02:07:28.940
Senator Paolo Benigno "Bam" Aquino IV: There's space for everybody.

asr-003833
02:07:29.580 --> 02:07:30.800
Senator Paolo Benigno "Bam" Aquino IV: There's space for everyone.

asr-003834
02:07:32.180 --> 02:07:33.380
Senator Paolo Benigno "Bam" Aquino IV: In that hearing,

asr-003835
02:07:33.560 --> 02:07:35.360
Senator Paolo Benigno "Bam" Aquino IV: yung inuulit-ulit ko lang is

asr-003836
02:07:35.360 --> 02:07:36.980
Senator Paolo Benigno "Bam" Aquino IV: in the interest of development,

asr-003837
02:07:37.140 --> 02:07:39.020
Senator Paolo Benigno "Bam" Aquino IV: hindi pwedeng may mga

asr-003838
02:07:39.020 --> 02:07:41.260
Senator Paolo Benigno "Bam" Aquino IV: kapwa-Pilipino tayong masasagasaan.

asr-003839
02:07:41.440 --> 02:07:42.480
Senator Paolo Benigno "Bam" Aquino IV: There's space for

asr-003840
02:07:42.480 --> 02:07:45.320
Senator Paolo Benigno "Bam" Aquino IV: everybody. There should be space for everybody.

asr-003841
02:07:46.560 --> 02:07:47.120
Senator Paolo Benigno "Bam" Aquino IV: Okay.

asr-003842
02:07:48.900 --> 02:07:49.480
Senator Paolo Benigno "Bam" Aquino IV: Yes.

asr-003843
02:07:49.900 --> 02:07:51.380
Senator Paolo Benigno "Bam" Aquino IV: And pinapalala sa akin, we're also

asr-003844
02:07:51.380 --> 02:07:52.920
Senator Paolo Benigno "Bam" Aquino IV: the sponsor of the BCDA budget.

asr-003845
02:07:53.420 --> 02:07:55.020
Senator Paolo Benigno "Bam" Aquino IV: Although dinelecto-plenary na sila.

asr-003846
02:07:55.020 --> 02:07:56.960
Senator Paolo Benigno "Bam" Aquino IV: So we won't be tackling them today.

asr-003847
02:07:57.380 --> 02:07:58.480
Senator Paolo Benigno "Bam" Aquino IV: We will be tackling this

asr-003848
02:07:58.480 --> 02:08:01.300
Senator Paolo Benigno "Bam" Aquino IV: later on.

asr-003849
02:08:01.860 --> 02:08:03.300
Senator Paolo Benigno "Bam" Aquino IV: And just to impress upon you how

asr-003850
02:08:03.300 --> 02:08:05.340
Senator Paolo Benigno "Bam" Aquino IV: important this is, we actually convened a

asr-003851
02:08:05.340 --> 02:08:06.240
Senator Paolo Benigno "Bam" Aquino IV: committee on the whole

asr-003852
02:08:06.240 --> 02:08:09.200
Senator Paolo Benigno "Bam" Aquino IV: to tackle the Pax Silica resolutions

asr-003853
02:08:09.200 --> 02:08:11.040
Senator Paolo Benigno "Bam" Aquino IV: last September 8. That was that hearing, no?

asr-003854
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

asr-003855
02:08:13.580 --> 02:08:15.360
Senator Paolo Benigno "Bam" Aquino IV: di lang a subcommittee or one

asr-003856
02:08:15.360 --> 02:08:16.560
Senator Paolo Benigno "Bam" Aquino IV: committee, that's everybody.

asr-003857
02:08:17.940 --> 02:08:18.920
Senator Paolo Benigno "Bam" Aquino IV: All the senators

asr-003858
02:08:18.920 --> 02:08:21.580
Senator Paolo Benigno "Bam" Aquino IV: formed a committee of the whole to tackle the issue.

asr-003859
02:08:22.120 --> 02:08:23.560
Senator Paolo Benigno "Bam" Aquino IV: So we had that last month.

asr-003860
02:08:24.300 --> 02:08:25.500
Senator Paolo Benigno "Bam" Aquino IV: Or sorry, earlier

asr-003861
02:08:25.500 --> 02:08:27.360
Senator Paolo Benigno "Bam" Aquino IV: this month, no? And that was where nag-u-sign.

asr-003862
02:08:27.380 --> 02:08:29.480
Senator Paolo Benigno "Bam" Aquino IV: We just want to be sure na yung mga

asr-003863
02:08:29.480 --> 02:08:30.600
Senator Paolo Benigno "Bam" Aquino IV: napag-usapan doon

asr-003864
02:08:30.600 --> 02:08:33.460
Senator Paolo Benigno "Bam" Aquino IV: are still the facts and are still

asr-003865
02:08:33.460 --> 02:08:35.600
Senator Paolo Benigno "Bam" Aquino IV: the current

asr-003866
02:08:35.600 --> 02:08:36.960
Senator Paolo Benigno "Bam" Aquino IV: agreements moving forward.

asr-003867
02:08:37.260 --> 02:08:39.460
Senator Paolo Benigno "Bam" Aquino IV: So Yusek, can you help us with that before

asr-003868
02:08:39.460 --> 02:08:40.800
Senator Paolo Benigno "Bam" Aquino IV: the plenary? Okay.

asr-003869
02:08:42.040 --> 02:08:42.960
Senator Paolo Benigno "Bam" Aquino IV: So ulitin ko lang po.

asr-003870
02:08:43.140 --> 02:08:45.500
Senator Paolo Benigno "Bam" Aquino IV: Of course, we're supportive of the DTI budget.

asr-003871
02:08:46.040 --> 02:08:47.260
Senator Paolo Benigno "Bam" Aquino IV: We do want you to succeed.

asr-003872
02:08:47.440 --> 02:08:49.000
Senator Paolo Benigno "Bam" Aquino IV: We do feel this budget is too small.

asr-003873
02:08:49.480 --> 02:08:50.200
Senator Paolo Benigno "Bam" Aquino IV: Pero ulitin ko lang,

asr-003874
02:08:50.900 --> 02:08:53.540
Senator Paolo Benigno "Bam" Aquino IV: we want to support the trade

asr-003875
02:08:53.540 --> 02:08:55.400
Senator Paolo Benigno "Bam" Aquino IV: fairs and the creative economy more.

asr-003876
02:08:55.400 --> 02:08:56.580
Senator Paolo Benigno "Bam" Aquino IV: So we'll work on that.

asr-003877
02:08:57.380 --> 02:08:59.180
Senator Paolo Benigno "Bam" Aquino IV: We want to support our MSMEs.

asr-003878
02:08:59.260 --> 02:09:01.260
Senator Paolo Benigno "Bam" Aquino IV: One is through more support

asr-003879
02:09:01.260 --> 02:09:02.680
Senator Paolo Benigno "Bam" Aquino IV: through the shared service facilities,

asr-003880
02:09:02.880 --> 02:09:05.580
Senator Paolo Benigno "Bam" Aquino IV: negosyo centers, and the negosyo center online project.

asr-003881
02:09:05.880 --> 02:09:07.200
Senator Paolo Benigno "Bam" Aquino IV: But we also want to see an

asr-003882
02:09:07.200 --> 02:09:09.560
Senator Paolo Benigno "Bam" Aquino IV: MSME protection or the beginnings

asr-003883
02:09:09.560 --> 02:09:11.480
Senator Paolo Benigno "Bam" Aquino IV: of this office or this function

asr-003884
02:09:11.480 --> 02:09:12.700
Senator Paolo Benigno "Bam" Aquino IV: with DTI SEC.

asr-003885
02:09:13.660 --> 02:09:14.940
Senator Paolo Benigno "Bam" Aquino IV: And then lastly,

asr-003886
02:09:15.320 --> 02:09:17.440
Senator Paolo Benigno "Bam" Aquino IV: the industries that are

asr-003887
02:09:17.440 --> 02:09:19.520
Senator Paolo Benigno "Bam" Aquino IV: currently supporting

asr-003888
02:09:19.520 --> 02:09:21.200
Senator Paolo Benigno "Bam" Aquino IV: our economy, we want to be sure that

asr-003889
02:09:21.200 --> 02:09:23.120
Senator Paolo Benigno "Bam" Aquino IV: they're supported.

asr-003890
02:09:23.120 --> 02:09:25.000
Senator Paolo Benigno "Bam" Aquino IV: They are at risk,

asr-003891
02:09:25.120 --> 02:09:26.480
Senator Paolo Benigno "Bam" Aquino IV: but that there are plans for it.

asr-003892
02:09:27.380 --> 02:09:28.740
Senator Paolo Benigno "Bam" Aquino IV: Of course, USEC

asr-003893
02:09:28.740 --> 02:09:30.880
Senator Paolo Benigno "Bam" Aquino IV: Perry yung Pax Silica

asr-003894
02:09:30.880 --> 02:09:32.860
Senator Paolo Benigno "Bam" Aquino IV: na very, unfortunately,

asr-003895
02:09:33.040 --> 02:09:35.300
Senator Paolo Benigno "Bam" Aquino IV: very controversial at marami mga tanong.

asr-003896
02:09:35.420 --> 02:09:36.260
Senator Paolo Benigno "Bam" Aquino IV: We want to be sure.

asr-003897
02:09:37.240 --> 02:09:39.200
Senator Paolo Benigno "Bam" Aquino IV: Maybe before the plenary, we can have

asr-003898
02:09:39.200 --> 02:09:40.920
Senator Paolo Benigno "Bam" Aquino IV: something written down

asr-003899
02:09:40.920 --> 02:09:43.080
Senator Paolo Benigno "Bam" Aquino IV: whether it's BCDA

asr-003900
02:09:43.080 --> 02:09:45.260
Senator Paolo Benigno "Bam" Aquino IV: or kayo po. But since we're handling

asr-003901
02:09:45.260 --> 02:09:47.060
Senator Paolo Benigno "Bam" Aquino IV: your budget, nakatingin ako sa'yo, Secretary,

asr-003902
02:09:47.420 --> 02:09:49.420
Senator Paolo Benigno "Bam" Aquino IV: para we're all on the same

asr-003903
02:09:49.420 --> 02:09:50.960
Senator Paolo Benigno "Bam" Aquino IV: page. Okay.

asr-003904
02:09:51.580 --> 02:09:53.280
Senator Paolo Benigno "Bam" Aquino IV: So, that's it

asr-003905
02:09:53.280 --> 02:09:55.300
Senator Paolo Benigno "Bam" Aquino IV: for me. SEC, you want to

asr-003906
02:09:55.300 --> 02:09:57.220
Senator Paolo Benigno "Bam" Aquino IV: may wish list ka ba na mga

asr-003907
02:09:57.220 --> 02:09:59.440
Senator Paolo Benigno "Bam" Aquino IV: pwede pa sanang mapondohan?

asr-003908
02:09:59.580 --> 02:10:00.840
Senator Paolo Benigno "Bam" Aquino IV: You can put it on the record.

asr-003909
02:10:02.420 --> 02:10:03.140
DTI Secretary Maria Cristina Aldeguer-Roque: Thank you,

asr-003910
02:10:03.360 --> 02:10:04.500
DTI Secretary Maria Cristina Aldeguer-Roque: Honorable Senator.

asr-003911
02:10:04.860 --> 02:10:06.980
DTI Secretary Maria Cristina Aldeguer-Roque: I totally agree with you that the creative

asr-003912
02:10:06.980 --> 02:10:09.220
DTI Secretary Maria Cristina Aldeguer-Roque: economy, we need to push it even

asr-003913
02:10:09.220 --> 02:10:11.220
DTI Secretary Maria Cristina Aldeguer-Roque: further. There's so much potential

asr-003914
02:10:11.220 --> 02:10:13.120
DTI Secretary Maria Cristina Aldeguer-Roque: in this sector.

asr-003915
02:10:13.420 --> 02:10:15.080
DTI Secretary Maria Cristina Aldeguer-Roque: The budget that was given to us is

asr-003916
02:10:15.080 --> 02:10:17.320
DTI Secretary Maria Cristina Aldeguer-Roque: quite low. So, they can also use

asr-003917
02:10:17.320 --> 02:10:19.020
DTI Secretary Maria Cristina Aldeguer-Roque: the foreign trade attachés

asr-003918
02:10:19.020 --> 02:10:20.880
DTI Secretary Maria Cristina Aldeguer-Roque: worldwide. We have

asr-003919
02:10:20.880 --> 02:10:23.340
DTI Secretary Maria Cristina Aldeguer-Roque: 29 trade attachés,

asr-003920
02:10:23.340 --> 02:10:25.240
DTI Secretary Maria Cristina Aldeguer-Roque: 21 posts. So, this is

asr-003921
02:10:25.240 --> 02:10:26.700
DTI Secretary Maria Cristina Aldeguer-Roque: actually low-hanging fruit.

asr-003922
02:10:27.220 --> 02:10:28.680
DTI Secretary Maria Cristina Aldeguer-Roque: Anywhere they want to enter, even

asr-003923
02:10:28.680 --> 02:10:30.100
DTI Secretary Maria Cristina Aldeguer-Roque: example, our

asr-003924
02:10:30.100 --> 02:10:33.180
DTI Secretary Maria Cristina Aldeguer-Roque: teleseries, we want

asr-003925
02:10:33.180 --> 02:10:35.260
DTI Secretary Maria Cristina Aldeguer-Roque: to sell it to the different countries na maraming

asr-003926
02:10:35.260 --> 02:10:37.180
DTI Secretary Maria Cristina Aldeguer-Roque: Filipinos doon, pwede. Tapos

asr-003927
02:10:37.180 --> 02:10:38.900
DTI Secretary Maria Cristina Aldeguer-Roque: madali na lang maglagay ng translation.

asr-003928
02:10:39.600 --> 02:10:41.200
DTI Secretary Maria Cristina Aldeguer-Roque: Actually, we've already

asr-003929
02:10:41.200 --> 02:10:42.780
DTI Secretary Maria Cristina Aldeguer-Roque: set the meeting before with

asr-003930
02:10:42.780 --> 02:10:45.200
DTI Secretary Maria Cristina Aldeguer-Roque: some of, let's say, GMA films

asr-003931
02:10:45.200 --> 02:10:47.020
DTI Secretary Maria Cristina Aldeguer-Roque: and the trade attachés. So,

asr-003932
02:10:47.360 --> 02:10:49.260
DTI Secretary Maria Cristina Aldeguer-Roque: we still need more budget lang to promote

asr-003933
02:10:49.260 --> 02:10:51.060
DTI Secretary Maria Cristina Aldeguer-Roque: this. So, I totally agree with you.

asr-003934
02:10:51.200 --> 02:10:53.300
DTI Secretary Maria Cristina Aldeguer-Roque: And then, the MSME protection,

asr-003935
02:10:54.140 --> 02:10:55.340
DTI Secretary Maria Cristina Aldeguer-Roque: that's exactly

asr-003936
02:10:55.340 --> 02:10:57.200
DTI Secretary Maria Cristina Aldeguer-Roque: what's needed now because they can't move it.

asr-003937
02:10:57.220 --> 02:10:58.760
DTI Secretary Maria Cristina Aldeguer-Roque: Sometimes, because of certain

asr-003938
02:10:58.760 --> 02:11:01.460
DTI Secretary Maria Cristina Aldeguer-Roque: issues na

asr-003939
02:11:01.460 --> 02:11:03.280
DTI Secretary Maria Cristina Aldeguer-Roque: sometimes maliit lang na issue

asr-003940
02:11:03.280 --> 02:11:05.300
DTI Secretary Maria Cristina Aldeguer-Roque: pero hindi sila makausad because of that

asr-003941
02:11:05.300 --> 02:11:05.920
DTI Secretary Maria Cristina Aldeguer-Roque: issue. So,

asr-003942
02:11:06.680 --> 02:11:09.180
DTI Secretary Maria Cristina Aldeguer-Roque: then for the industries, yes, we

asr-003943
02:11:09.180 --> 02:11:11.360
DTI Secretary Maria Cristina Aldeguer-Roque: still need to continue to protect

asr-003944
02:11:11.360 --> 02:11:13.300
DTI Secretary Maria Cristina Aldeguer-Roque: them and to take care of them.

asr-003945
02:11:13.440 --> 02:11:15.100
DTI Secretary Maria Cristina Aldeguer-Roque: So, yun lang po. And then also

asr-003946
02:11:15.100 --> 02:11:17.300
DTI Secretary Maria Cristina Aldeguer-Roque: the additional budget sana for the finance

asr-003947
02:11:17.300 --> 02:11:19.320
DTI Secretary Maria Cristina Aldeguer-Roque: because we know like for the small and medium,

asr-003948
02:11:19.720 --> 02:11:21.160
DTI Secretary Maria Cristina Aldeguer-Roque: once they have the

asr-003949
02:11:21.160 --> 02:11:23.280
DTI Secretary Maria Cristina Aldeguer-Roque: places to sell the product plus the

asr-003950
02:11:23.280 --> 02:11:25.620
DTI Secretary Maria Cristina Aldeguer-Roque: fund, sometimes may order na sila eh.

asr-003951
02:11:25.620 --> 02:11:27.200
DTI Secretary Maria Cristina Aldeguer-Roque: But ang problema, wala na siya.

asr-003952
02:11:27.220 --> 02:11:28.360
DTI Secretary Maria Cristina Aldeguer-Roque: Silang pambili ng

asr-003953
02:11:28.360 --> 02:11:31.280
DTI Secretary Maria Cristina Aldeguer-Roque: raw material. So, yun lang po. Thank you.

asr-003954
02:11:31.300 --> 02:11:33.300
Senator Paolo Benigno "Bam" Aquino IV: With regard to SB Corp,

asr-003955
02:11:34.020 --> 02:11:37.420
Senator Paolo Benigno "Bam" Aquino IV: sige, let's talk offline

asr-003956
02:11:37.420 --> 02:11:39.220
Senator Paolo Benigno "Bam" Aquino IV: kasi I think the increase

asr-003957
02:11:39.220 --> 02:11:41.220
Senator Paolo Benigno "Bam" Aquino IV: for SB Corp may need

asr-003958
02:11:41.220 --> 02:11:43.540
Senator Paolo Benigno "Bam" Aquino IV: go signal of DOF

asr-003959
02:11:43.540 --> 02:11:45.480
Senator Paolo Benigno "Bam" Aquino IV: also and other

asr-003960
02:11:45.480 --> 02:11:47.400
Senator Paolo Benigno "Bam" Aquino IV: agencies. You're looking for another

asr-003961
02:11:47.400 --> 02:11:49.420
Senator Paolo Benigno "Bam" Aquino IV: 5 billion, sir, di ba? Napag-usapan natin

asr-003962
02:11:49.420 --> 02:11:51.240
Senator Paolo Benigno "Bam" Aquino IV: last time. So,

asr-003963
02:11:52.360 --> 02:11:53.480
Senator Paolo Benigno "Bam" Aquino IV: anyway, let's talk

asr-003964
02:11:53.480 --> 02:11:55.520
Senator Paolo Benigno "Bam" Aquino IV: about that. Yung mga ibang initiatives kasi

asr-003965
02:11:55.520 --> 02:11:57.020
Senator Paolo Benigno "Bam" Aquino IV: wala pa sa

asr-003966
02:11:57.220 --> 02:11:59.100
Senator Paolo Benigno "Bam" Aquino IV: A-level, nasa M-level lang yun eh. So,

asr-003967
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Senator Paolo Benigno "Bam" Aquino IV: baka mas kaya na natin

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Senator Paolo Benigno "Bam" Aquino IV: yung ilagay.

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Senator Paolo Benigno "Bam" Aquino IV: But for SB Corp and moving forward,

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Senator Paolo Benigno "Bam" Aquino IV: we'll probably need

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Senator Paolo Benigno "Bam" Aquino IV: DBM and DOF to chime

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Senator Paolo Benigno "Bam" Aquino IV: in also. So, thank you, Secretary.

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Senator Paolo Benigno "Bam" Aquino IV: Maraming salamat. Thank you to everyone.

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Senator Paolo Benigno "Bam" Aquino IV: Feeling ko yung

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Senator Paolo Benigno "Bam" Aquino IV: palakpak, umalis na kayo, yung palakpak

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Senator Paolo Benigno "Bam" Aquino IV: ninyo. Okay, there being no further

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Senator Paolo Benigno "Bam" Aquino IV: questions, the budgets of GCG

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Senator Paolo Benigno "Bam" Aquino IV: and DTI, including its

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Senator Paolo Benigno "Bam" Aquino IV: attached agencies and corporations, are now

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Senator Paolo Benigno "Bam" Aquino IV: deemed submitted for the plenary's consideration

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Senator Paolo Benigno "Bam" Aquino IV: subject to the submission of documents

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Senator Paolo Benigno "Bam" Aquino IV: and information requested. And this

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Senator Paolo Benigno "Bam" Aquino IV: briefing is hereby suspended. Maraming salamat.

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Senator Paolo Benigno "Bam" Aquino IV: Thank you.