DTI, GCG

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Senator Paolo Benigno "Bam" Aquino IV

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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

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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

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And before we begin, may I request Bea or ComSec to acknowledge all the resource persons today.

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Committee Secretary

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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

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

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Committee Secretary

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

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Committee Secretary

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

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Committee Secretary

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

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Committee Secretary

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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

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the Honorable Secretary, Maria Christina A.

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Committee Secretary

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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

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

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Committee Secretary

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Assistant Secretary Kenneth Yap of the Foreign Trade Service Corps,

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Committee Secretary

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

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Committee Secretary

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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

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Their Devices and Novel Tobacco Products,

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Committee Secretary

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and Assistant Secretary Regina Maliari Jr.

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Committee Secretary

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of the Fair Trade Group.

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Committee Secretary

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From the DTI's attached agencies, joining us today,

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Committee Secretary

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

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Committee Secretary

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who I believe will be joining us later on,

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Committee Secretary

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Executive Director Maria Rita Matute of the Design Center of the Philippines,

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Committee Secretary

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

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Committee Secretary

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

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Committee Secretary

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President

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Committee Secretary

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Robert Bastillo of the Small Business Corporation,

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Committee Secretary

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Director General Jose Paolo Villaluna of the Film Academy of the Philippines,

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Committee Secretary

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Undersecretary Alexander Raquepo of the Cooperative Development Authority,

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Committee Secretary

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who will be joining us later on,

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Committee Secretary

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

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Committee Secretary

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Also present today are the representatives from the Commission and Audit,

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Committee Secretary

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the OIC Supervising Auditor for DTI,

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Committee Secretary

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Ms. Aiko Grace de Guzman,

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Committee Secretary

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and Supervising Auditor for GCG,

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Committee Secretary

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Mr. Amado N. Ablao.

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Committee Secretary

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And from the Department of Budget and Management,

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Committee Secretary

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

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Committee Secretary

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Ms. Evita Fontanilla,

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Committee Secretary

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and the Budget and Management Bureau C-Director,

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Committee Secretary

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Lulu P. Vizpo.

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Committee Secretary

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That is all, Mr. Chair.

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Senator Paolo Benigno "Bam" Aquino IV

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Maraming salamat, Bea.

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Senator Paolo Benigno "Bam" Aquino IV

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So today we'll start with GCG.

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Senator Paolo Benigno "Bam" Aquino IV

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You can present and then honestly,

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Senator Paolo Benigno "Bam" Aquino IV

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no senators really have signified,

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Senator Paolo Benigno "Bam" Aquino IV

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any questions,

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Senator Paolo Benigno "Bam" Aquino IV

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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

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I know that Senator Ejercito and Gatchalian wish to attend the DTI subcommittee hearing.

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Senator Paolo Benigno "Bam" Aquino IV

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So, Attorney Corpuz, you have the floor, you can start.

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GCG Chairperson Atty. Marius P. Corpus

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Thank you, Mr. Chairman, Your Honor, and good afternoon once again.

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GCG Chairperson Atty. Marius P. Corpus

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On behalf of the Governance Commission for GOCCs or the GCG,

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GCG Chairperson Atty. Marius P. Corpus

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we express our sincere appreciation

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GCG Chairperson Atty. Marius P. Corpus

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for the opportunity to present our accomplishments,

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GCG Chairperson Atty. Marius P. Corpus

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ongoing initiatives and budget proposal for fiscal year 2027,

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GCG Chairperson Atty. Marius P. Corpus

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as well as our accomplishments and ongoing initiatives

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GCG Chairperson Atty. Marius P. Corpus

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that were supported by the previous year's budgets.

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GCG Chairperson Atty. Marius P. Corpus

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We hope to show how the reforms implemented in the GOCC sector

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GCG Chairperson Atty. Marius P. Corpus

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continue to generate stronger governance,

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GCG Chairperson Atty. Marius P. Corpus

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better performance,

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GCG Chairperson Atty. Marius P. Corpus

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and greater returns to government.

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GCG Chairperson Atty. Marius P. Corpus

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As well as how our proposed budget will enable us to sustain these gains.

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GCG Chairperson Atty. Marius P. Corpus

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As President Ferdinand R. Marcos Jr. aptly emphasized,

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GCG Chairperson Atty. Marius P. Corpus

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and I quote,

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GCG Chairperson Atty. Marius P. Corpus

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we have a duty to uphold the integrity of our institutions

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GCG Chairperson Atty. Marius P. Corpus

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by demanding transparency, accountability,

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GCG Chairperson Atty. Marius P. Corpus

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and a standard of service worthy of the Filipino people.

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GCG Chairperson Atty. Marius P. Corpus

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This principle lies at the very heart of GCG's mandate.

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GCG Chairperson Atty. Marius P. Corpus

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The values of transparency, accountability,

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GCG Chairperson Atty. Marius P. Corpus

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and public service excellence

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GCG Chairperson Atty. Marius P. Corpus

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are the standards that guide our oversight

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GCG Chairperson Atty. Marius P. Corpus

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of government-owned or controlled corporations

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GCG Chairperson Atty. Marius P. Corpus

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and shape the reforms we pursue across the GOCC sector.

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GCG Chairperson Atty. Marius P. Corpus

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Before discussing our accomplishments and budget proposal,

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GCG Chairperson Atty. Marius P. Corpus

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allow me to briefly highlight the mandate of the GCG.

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GCG Chairperson Atty. Marius P. Corpus

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Our mandate provides the context for the programs and reforms

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GCG Chairperson Atty. Marius P. Corpus

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that we implement across the GOCC sector.

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GCG Chairperson Atty. Marius P. Corpus

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It also illustrates how our work in the GCG

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GCG Chairperson Atty. Marius P. Corpus

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contributes to good governance,

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GCG Chairperson Atty. Marius P. Corpus

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fiscal responsibility,

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GCG Chairperson Atty. Marius P. Corpus

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and improved public service delivery.

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GCG Chairperson Atty. Marius P. Corpus

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The GCG was established through Republic Act No. 10149,

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GCG Chairperson Atty. Marius P. Corpus

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otherwise known as the GOCC Governance Act of 2011.

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GCG Chairperson Atty. Marius P. Corpus

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The law was enacted to strengthen oversight

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GCG Chairperson Atty. Marius P. Corpus

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of GOCCs

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GCG Chairperson Atty. Marius P. Corpus

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and to ensure that these corporations

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GCG Chairperson Atty. Marius P. Corpus

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are managed responsibly, professionally,

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GCG Chairperson Atty. Marius P. Corpus

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and in a financially sustainable manner.

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GCG Chairperson Atty. Marius P. Corpus

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Through its mandate,

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GCG Chairperson Atty. Marius P. Corpus

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the GCG serves as the central oversight body

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GCG Chairperson Atty. Marius P. Corpus

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that promotes fiscal discipline, accountability,

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GCG Chairperson Atty. Marius P. Corpus

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transparency, and sound corporate governance

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GCG Chairperson Atty. Marius P. Corpus

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throughout the GOCC sector,

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GCG Chairperson Atty. Marius P. Corpus

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helping translate the President's vision

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GCG Chairperson Atty. Marius P. Corpus

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of trustworthy, high-performing public institutions

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GCG Chairperson Atty. Marius P. Corpus

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into concrete outcomes for the Filipino people.

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GCG Chairperson Atty. Marius P. Corpus

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The GCG performs four core functions.

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GCG Chairperson Atty. Marius P. Corpus

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First, we rationalize the sector

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GCG Chairperson Atty. Marius P. Corpus

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by determining whether GOCCs continue to serve their intended purpose

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GCG Chairperson Atty. Marius P. Corpus

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and whether they should be reorganized, merged,

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GCG Chairperson Atty. Marius P. Corpus

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privatized, or abolished.

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GCG Chairperson Atty. Marius P. Corpus

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Second, we ensure that qualified and competent individuals

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GCG Chairperson Atty. Marius P. Corpus

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serve on GOCC boards.

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GCG Chairperson Atty. Marius P. Corpus

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Third, we evaluate institutional and individual performance

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GCG Chairperson Atty. Marius P. Corpus

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through standardized performance assessment systems.

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GCG Chairperson Atty. Marius P. Corpus

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And fourth, we establish compensation and position classification policies

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GCG Chairperson Atty. Marius P. Corpus

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that promote fairness, competitiveness, and accountability.

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GCG Chairperson Atty. Marius P. Corpus

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Next slide.

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GCG Chairperson Atty. Marius P. Corpus

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As of June 30, 2026,

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GCG Chairperson Atty. Marius P. Corpus

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the GCG supervises 112 GOCCs across nine sectors.

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GCG Chairperson Atty. Marius P. Corpus

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The sectors, Your Honor, are indicated in the slide.

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GCG Chairperson Atty. Marius P. Corpus

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The GOCC sector's average corporate governance scorecard rating

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GCG Chairperson Atty. Marius P. Corpus

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improved to 67.14%

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GCG Chairperson Atty. Marius P. Corpus

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above the 61% target

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GCG Chairperson Atty. Marius P. Corpus

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for the 2025 Agency Fiscal Targets.

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GCG Chairperson Atty. Marius P. Corpus

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You were able to assess 100% of GOCCs.

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GCG Chairperson Atty. Marius P. Corpus

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The GCG also completed and submitted

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GCG Chairperson Atty. Marius P. Corpus

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the proposed compensation and position classification system

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GCG Chairperson Atty. Marius P. Corpus

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to the Office of the President in April 2025,

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GCG Chairperson Atty. Marius P. Corpus

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and he approved the CPC-S2

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GCG Chairperson Atty. Marius P. Corpus

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in September of 2026.

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GCG Chairperson Atty. Marius P. Corpus

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Next slide, please.

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GCG Chairperson Atty. Marius P. Corpus

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2025.

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GCG Chairperson Atty. Marius P. Corpus

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I stand corrected, Your Honor.

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GCG Chairperson Atty. Marius P. Corpus

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For the talent pool,

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GCG Chairperson Atty. Marius P. Corpus

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the GCG achieved a 38.25%

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GCG Chairperson Atty. Marius P. Corpus

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for inclusion in the shortlist of nominees to the President,

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GCG Chairperson Atty. Marius P. Corpus

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exceeding the 37% target.

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GCG Chairperson Atty. Marius P. Corpus

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On performance evaluation,

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GCG Chairperson Atty. Marius P. Corpus

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the GOCC sector posted an average score of 75.70%

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GCG Chairperson Atty. Marius P. Corpus

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against,

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GCG Chairperson Atty. Marius P. Corpus

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against the 78% target,

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GCG Chairperson Atty. Marius P. Corpus

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while 100% of qualified GOCC submissions

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GCG Chairperson Atty. Marius P. Corpus

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were subjected to the performance target setting

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GCG Chairperson Atty. Marius P. Corpus

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exceeding the 80% target.

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GCG Chairperson Atty. Marius P. Corpus

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For the Agency's 2026 Physical Targets,

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GCG Chairperson Atty. Marius P. Corpus

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for 2026,

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GCG Chairperson Atty. Marius P. Corpus

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the GCG continues its work

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GCG Chairperson Atty. Marius P. Corpus

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on strengthening the Corporate Governance Scorecard,

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GCG Chairperson Atty. Marius P. Corpus

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the CGS.

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GCG Chairperson Atty. Marius P. Corpus

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The revised CGS is targeted for issuance this year

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GCG Chairperson Atty. Marius P. Corpus

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with the implementation and baseline setting scheduled for 2027.

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GCG Chairperson Atty. Marius P. Corpus

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The assessment of GOCC scorecards is a year-end activity

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GCG Chairperson Atty. Marius P. Corpus

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with submissions beginning in October.

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GCG Chairperson Atty. Marius P. Corpus

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For CPC-S2,

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GCG Chairperson Atty. Marius P. Corpus

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the implementation by GOCCs shall commence only upon their completion of

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GCG Chairperson Atty. Marius P. Corpus

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and compliance with

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GCG Chairperson Atty. Marius P. Corpus

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all required submission requirements.

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GCG Chairperson Atty. Marius P. Corpus

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From January 1 to 30 June 2026,

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GCG Chairperson Atty. Marius P. Corpus

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the GCG has not received any application

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GCG Chairperson Atty. Marius P. Corpus

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for CPC-S2 implementation from any GOCC.

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GCG Chairperson Atty. Marius P. Corpus

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Of course, we have reminded them of their obligation

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GCG Chairperson Atty. Marius P. Corpus

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to submit these requirements, Your Honor.

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GCG Chairperson Atty. Marius P. Corpus

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As for the talent pool,

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GCG Chairperson Atty. Marius P. Corpus

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21 nominees or 7.55%

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GCG Chairperson Atty. Marius P. Corpus

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of 278 qualified candidates

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GCG Chairperson Atty. Marius P. Corpus

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had been submitted to the Office of the President

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GCG Chairperson Atty. Marius P. Corpus

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against the 38% year-end target.

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GCG Chairperson Atty. Marius P. Corpus

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For the Corporate Governance Scorecard,

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GCG Chairperson Atty. Marius P. Corpus

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the validation of the 2025 GOCC Performance Scorecards

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GCG Chairperson Atty. Marius P. Corpus

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is ongoing

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GCG Chairperson Atty. Marius P. Corpus

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with an 80% target for 2026.

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GCG Chairperson Atty. Marius P. Corpus

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We have to emphasize, though, Your Honor,

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GCG Chairperson Atty. Marius P. Corpus

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that completion depends in part

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GCG Chairperson Atty. Marius P. Corpus

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on required supporting reports from the COA and the ARTA.

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GCG Chairperson Atty. Marius P. Corpus

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As of June 30 this year,

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GCG Chairperson Atty. Marius P. Corpus

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the GCG has received 28 COA-audited financial reports

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GCG Chairperson Atty. Marius P. Corpus

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and partial customer satisfaction results from the ARTA.

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GCG Chairperson Atty. Marius P. Corpus

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Performance target setting starts in the third quarter of the year

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GCG Chairperson Atty. Marius P. Corpus

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with an 80% target.

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GCG Chairperson Atty. Marius P. Corpus

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Evaluation will begin once GOCCs submit

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GCG Chairperson Atty. Marius P. Corpus

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the required performance documents.

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GCG Chairperson Atty. Marius P. Corpus

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Next slide.

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GCG Chairperson Atty. Marius P. Corpus

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From 2023 to 2025,

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GCG Chairperson Atty. Marius P. Corpus

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we see a consistent decline in total subsidies

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GCG Chairperson Atty. Marius P. Corpus

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received by the GOCC sector.

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GCG Chairperson Atty. Marius P. Corpus

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Subsidies went down from 154 billion in 2023

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GCG Chairperson Atty. Marius P. Corpus

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to 128 billion in 2024

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GCG Chairperson Atty. Marius P. Corpus

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and 96 billion in 2025.

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GCG Chairperson Atty. Marius P. Corpus

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This represents a reduction of about

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GCG Chairperson Atty. Marius P. Corpus

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38% over the past three years.

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GCG Chairperson Atty. Marius P. Corpus

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In 2025,

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GCG Chairperson Atty. Marius P. Corpus

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the total assets of the GOCC sector

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GCG Chairperson Atty. Marius P. Corpus

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was recorded at 14.38 trillion pesos,

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GCG Chairperson Atty. Marius P. Corpus

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trillion, trillion,

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GCG Chairperson Atty. Marius P. Corpus

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trillion pesos, Your Honor,

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GCG Chairperson Atty. Marius P. Corpus

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which exhibited an overall increase of 8%

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GCG Chairperson Atty. Marius P. Corpus

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from the previous year.

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Senator Paolo Benigno "Bam" Aquino IV

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What would be the biggest share of the,

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Senator Paolo Benigno "Bam" Aquino IV

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which GOCC has the biggest share of that 14

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Senator Paolo Benigno "Bam" Aquino IV

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trillion?

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GCG Chairperson Atty. Marius P. Corpus

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It should be the GFIs, Your Honor,

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GCG Chairperson Atty. Marius P. Corpus

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the land bank,

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GCG Chairperson Atty. Marius P. Corpus

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the Development Bank of the Philippines.

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GCG Chairperson Atty. Marius P. Corpus

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Of course.

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GCG Chairperson Atty. Marius P. Corpus

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May I proceed, Your Honor?

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GCG Chairperson Atty. Marius P. Corpus

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After the establishment of the GCG,

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GCG Chairperson Atty. Marius P. Corpus

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GOCC dividends significantly increased

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GCG Chairperson Atty. Marius P. Corpus

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throughout the years.

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GCG Chairperson Atty. Marius P. Corpus

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For comparison,

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GCG Chairperson Atty. Marius P. Corpus

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from 2002 to 2011,

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GCG Chairperson Atty. Marius P. Corpus

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or before the GCG was established,

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GCG Chairperson Atty. Marius P. Corpus

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the total dividend remittances of GOCCs was

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GCG Chairperson Atty. Marius P. Corpus

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68.71 billion,

00:13:11Source

GCG Chairperson Atty. Marius P. Corpus

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with an average of 6.87 billion annually.

00:13:16Source

GCG Chairperson Atty. Marius P. Corpus

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After the establishment of the GCG,

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GCG Chairperson Atty. Marius P. Corpus

asr-000207

the total dividends is,

00:13:21Source

GCG Chairperson Atty. Marius P. Corpus

asr-000208

as of today,

00:13:23Source

GCG Chairperson Atty. Marius P. Corpus

asr-000209

is 626.62 billion,

00:13:26Source

GCG Chairperson Atty. Marius P. Corpus

asr-000210

with a 44 billion annual average.

00:13:32Source

GCG Chairperson Atty. Marius P. Corpus

asr-000211

Before we go into details,

00:13:34Source

GCG Chairperson Atty. Marius P. Corpus

asr-000212

allow me to present the GCG's proposed

00:13:37Source

GCG Chairperson Atty. Marius P. Corpus

asr-000213

2027 budget.

00:13:40Source

GCG Chairperson Atty. Marius P. Corpus

asr-000214

The budget is designed to support

00:13:42Source

GCG Chairperson Atty. Marius P. Corpus

asr-000215

the Commission's programs and priorities,

00:13:45Source

GCG Chairperson Atty. Marius P. Corpus

asr-000216

ensuring that we can continue delivering

00:13:47Source

GCG Chairperson Atty. Marius P. Corpus

asr-000217

on our mandates.

00:13:49Source

GCG Chairperson Atty. Marius P. Corpus

asr-000218

For the proposed budget,

00:13:51Source

GCG Chairperson Atty. Marius P. Corpus

asr-000219

the GCG has aligned its funding requirements

00:13:54Source

GCG Chairperson Atty. Marius P. Corpus

asr-000220

with its Tier 1 agency priorities,

00:13:57Source

GCG Chairperson Atty. Marius P. Corpus

asr-000221

which represent the most critical initiatives.

00:14:02Source

GCG Chairperson Atty. Marius P. Corpus

asr-000222

This focuses on implementing and reviewing

00:14:06Source

GCG Chairperson Atty. Marius P. Corpus

asr-000223

the Compensation and Position Classification System 2

00:14:10Source

GCG Chairperson Atty. Marius P. Corpus

asr-000224

in preparation for the regular review

00:14:14Source

GCG Chairperson Atty. Marius P. Corpus

asr-000225

of the CPCS,

00:14:16Source

GCG Chairperson Atty. Marius P. Corpus

asr-000226

in preparation for CPCS 3,

00:14:19Source

GCG Chairperson Atty. Marius P. Corpus

asr-000227

hopefully in 2028 or 2027.

00:14:24Source

GCG Chairperson Atty. Marius P. Corpus

asr-000228

The review will start in 2027

00:14:27Source

GCG Chairperson Atty. Marius P. Corpus

asr-000229

and for implementation in 2028.

00:14:31Source

GCG Chairperson Atty. Marius P. Corpus

asr-000230

Enhancing the integrated corporate reporting system

00:14:35Source

GCG Chairperson Atty. Marius P. Corpus

asr-000231

and the performance evaluation system

00:14:38Source

GCG Chairperson Atty. Marius P. Corpus

asr-000232

or the PES,

00:14:39Source

GCG Chairperson Atty. Marius P. Corpus

asr-000233

identifying and evaluating GOCCs

00:14:42Source

GCG Chairperson Atty. Marius P. Corpus

asr-000234

for possible dispositive action,

00:14:44Source

GCG Chairperson Atty. Marius P. Corpus

asr-000235

strengthening the WHIP

00:14:46Source

GCG Chairperson Atty. Marius P. Corpus

asr-000236

or the Whistleblowing and Integrity Portal program,

00:14:50Source

GCG Chairperson Atty. Marius P. Corpus

asr-000237

sustaining the talent pool for appointed positions,

00:14:53Source

GCG Chairperson Atty. Marius P. Corpus

asr-000238

supporting the liquidation of GOCCs

00:14:56Source

GCG Chairperson Atty. Marius P. Corpus

asr-000239

approved for abolition,

00:14:58Source

GCG Chairperson Atty. Marius P. Corpus

asr-000240

and

00:15:00Source

GCG Chairperson Atty. Marius P. Corpus

asr-000241

enhancing the Corporate Governance Scorecard, and pursuing organizational structuring plans for GOCCs.

00:15:07Source

GCG Chairperson Atty. Marius P. Corpus

asr-000242

In addition to its Tier 1 priorities, the proposed additional budget will also support GCG's Tier 2 initiatives,

00:15:17Source

GCG Chairperson Atty. Marius P. Corpus

asr-000243

aimed at sustaining and enhancing its long-term capabilities.

00:15:21Source

GCG Chairperson Atty. Marius P. Corpus

asr-000244

These include fleet modernization to improve operational mobility,

00:15:25Source

GCG Chairperson Atty. Marius P. Corpus

asr-000245

the continued enhancement of the enhanced ICRS, the digital transformation initiatives.

00:15:38Source

GCG Chairperson Atty. Marius P. Corpus

asr-000246

The budget will likewise support organizational expansion requirements,

00:15:43Source

GCG Chairperson Atty. Marius P. Corpus

asr-000247

institutionalization of ESG and sustainability initiatives in line with OECD and international standards,

00:15:51Source

GCG Chairperson Atty. Marius P. Corpus

asr-000248

and the development of strategic local and international initiatives.

00:15:55Source

GCG Chairperson Atty. Marius P. Corpus

asr-000249

The budget will also support international partnerships to elevate governance standards across the GOCC sector.

00:16:02Source

GCG Chairperson Atty. Marius P. Corpus

asr-000250

For 2027, the GCG has been allocated 408.382 million pesos,

00:16:12Source

GCG Chairperson Atty. Marius P. Corpus

asr-000251

which accounts for 171 filled plantilla positions, or P197.920 million.

00:16:23Source

GCG Chairperson Atty. Marius P. Corpus

asr-000252

P174.389 million

00:16:25Source

GCG Chairperson Atty. Marius P. Corpus

asr-000253

of maintenance and operating expenses, and P36.073 million of capital outlay.

00:16:34Source

GCG Chairperson Atty. Marius P. Corpus

asr-000254

Moving on to our financial performance, this slide outlines...

00:16:38Source

Senator Paolo Benigno "Bam" Aquino IV

asr-000255

Atty., let me just interrupt you for a while.

00:16:41Source

Senator Paolo Benigno "Bam" Aquino IV

asr-000256

Let me recognize our Chairperson of Finance, Senator J.V. Ejercito.

00:16:45Source

Senator Paolo Benigno "Bam" Aquino IV

asr-000257

Good afternoon, Your Honor.

00:16:46Source

Senator Paolo Benigno "Bam" Aquino IV

asr-000258

We're in the middle of the presentation, but I also know the Chairman is bilocating today.

00:16:50Source

Senator Paolo Benigno "Bam" Aquino IV

asr-000259

Would you want a statement first?

00:16:53Source

Senator Joseph Victor "JV" G. Ejercito

asr-000260

Yeah, sorry, Atty. Corpus.

00:16:55Source

Senator Joseph Victor "JV" G. Ejercito

asr-000261

We will be transferring to...

00:16:56Source

Senator Joseph Victor "JV" G. Ejercito

asr-000262

Atty. Corpus, you may go ahead. I'll just, ano, I'll just provide my questions.

00:16:59Source

Senator Joseph Victor "JV" G. Ejercito

asr-000263

Please go ahead. Thank you.

00:17:07Source

GCG Chairperson Atty. Marius P. Corpus

asr-000264

Moving on to our financial performance, this slide outlines our Fiscal Year 2026

00:17:14Source

GCG Chairperson Atty. Marius P. Corpus

asr-000265

General Appropriations Act Budget Utilization.

00:17:18Source

GCG Chairperson Atty. Marius P. Corpus

asr-000266

Our core takeaway is that out of our released GAA budget of P394.549 million,

00:17:25Source

GCG Chairperson Atty. Marius P. Corpus

asr-000267

we have successfully obligated P217.452 million as of August 31, 2026,

00:17:36Source

GCG Chairperson Atty. Marius P. Corpus

asr-000268

representing an overall budget utilization rate of 55.11 percent.

00:17:43Source

GCG Chairperson Atty. Marius P. Corpus

asr-000269

Looking closer at our expenditure classes,

00:17:47Source

GCG Chairperson Atty. Marius P. Corpus

asr-000270

personal services stands at P206.017 million

00:17:52Source

GCG Chairperson Atty. Marius P. Corpus

asr-000271

with P123

00:17:55Source

GCG Chairperson Atty. Marius P. Corpus

asr-000272

.852 million already obligated.

00:17:59Source

GCG Chairperson Atty. Marius P. Corpus

asr-000273

A strong utilization rate of 60.10 percent.

00:18:04Source

GCG Chairperson Atty. Marius P. Corpus

asr-000274

Maintenance and other operating expenses accounts for P188.532 million

00:18:10Source

GCG Chairperson Atty. Marius P. Corpus

asr-000275

with P93.600 million obligated, tracking at 49.65 percent.

00:18:19Source

GCG Chairperson Atty. Marius P. Corpus

asr-000276

We currently have no allocations for capital outlay.

00:18:24Source

GCG Chairperson Atty. Marius P. Corpus

asr-000277

When

00:18:25Source

GCG Chairperson Atty. Marius P. Corpus

asr-000278

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.

00:18:54Source

GCG Chairperson Atty. Marius P. Corpus

asr-000279

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.

00:19:12Source

GCG Chairperson Atty. Marius P. Corpus

asr-000280

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.

00:19:24Source

GCG Chairperson Atty. Marius P. Corpus

asr-000281

The first spike in 2019, funding rose sharply to $258.2 million for the initial implementation, maintaining a strong 80% utilization rate.

00:19:45Source

GCG Chairperson Atty. Marius P. Corpus

asr-000282

The second spike in 2023 for the second review, allocation peaked at an all-time high of P421.6 million.

00:19:54Source

GCG Chairperson Atty. Marius P. Corpus

asr-000284

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%.

00:20:24Source

GCG Chairperson Atty. Marius P. Corpus

asr-000287

Currently, for 2026, we stand at $394.5 million, with utilization tracking steadily at 51.56% as of mid-year.

00:20:39Source

GCG Chairperson Atty. Marius P. Corpus

asr-000288

Moving into 2027, the proposed $408.3 million NEP ceiling ensures we sustain this momentum and continue our rigorous oversight mandates.

00:20:54Source

GCG Chairperson Atty. Marius P. Corpus

asr-000289

The slide on our major programs, activities, and projects, Your Honors, are reflected in the, are reflected.

00:21:06Source

GCG Chairperson Atty. Marius P. Corpus

asr-000290

Next slide, please.

00:21:10Source

GCG Chairperson Atty. Marius P. Corpus

asr-000291

This final slide outlines our Tier 2 proposed additional budget,

00:21:15Source

GCG Chairperson Atty. Marius P. Corpus

asr-000292

totaling P207,846,000 for priority projects.

00:21:25Source

GCG Chairperson Atty. Marius P. Corpus

asr-000293

These strategic funds are critical to scaling our operational capacity,

00:21:33Source

GCG Chairperson Atty. Marius P. Corpus

asr-000294

ensuring safety, and modernizing our digital infrastructure.

00:21:38Source

GCG Chairperson Atty. Marius P. Corpus

asr-000295

The proposal is broken down into three major items.

00:21:42Source

GCG Chairperson Atty. Marius P. Corpus

asr-000296

Additional MOOE funding,

00:21:44Source

GCG Chairperson Atty. Marius P. Corpus

asr-000297

of P25,942,000 required to support rising operational expenses

00:21:53Source

GCG Chairperson Atty. Marius P. Corpus

asr-000298

driven directly by our increased manpower and expanding regulatory capacity.

00:22:00Source

GCG Chairperson Atty. Marius P. Corpus

asr-000299

Motor reflating program of P12 million urgently needed to replace aging GCG motor vehicles

00:22:08Source

GCG Chairperson Atty. Marius P. Corpus

asr-000300

that have exceeded their useful life,

00:22:11Source

GCG Chairperson Atty. Marius P. Corpus

asr-000301

with our oldest vehicle now running for almost 13 years.

00:22:15Source

GCG Chairperson Atty. Marius P. Corpus

asr-000302

Enhancement of major ICT projects,

00:22:19Source

GCG Chairperson Atty. Marius P. Corpus

asr-000303

169,904,000.

00:22:24Source

GCG Chairperson Atty. Marius P. Corpus

asr-000304

Our largest investment covering both MOOE and capital outlay

00:22:30Source

GCG Chairperson Atty. Marius P. Corpus

asr-000305

to procure critical ICT equipment,

00:22:34Source

GCG Chairperson Atty. Marius P. Corpus

asr-000306

scale up services and infrastructure,

00:22:36Source

GCG Chairperson Atty. Marius P. Corpus

asr-000307

and reinforce our cybersecurity defenses.

00:22:41Source

GCG Chairperson Atty. Marius P. Corpus

asr-000308

Following the approval of the GCG's

00:22:44Source

GCG Chairperson Atty. Marius P. Corpus

asr-000309

revised organizational restructuring

00:22:46Source

GCG Chairperson Atty. Marius P. Corpus

asr-000310

and staffing pattern,

00:22:47Source

GCG Chairperson Atty. Marius P. Corpus

asr-000311

An additional budgetary allocation under its maintenance and other operating expenses

00:22:53Source

GCG Chairperson Atty. Marius P. Corpus

asr-000312

in the amount of P25,942,000 is formally requested.

00:23:00Source

GCG Chairperson Atty. Marius P. Corpus

asr-000313

The approved restructuring,

00:23:01Source

GCG Chairperson Atty. Marius P. Corpus

asr-000314

which expands the headcount from 239 to 292 positions,

00:23:07Source

GCG Chairperson Atty. Marius P. Corpus

asr-000315

was strategically instituted to optimize institutional efficiency

00:23:12Source

GCG Chairperson Atty. Marius P. Corpus

asr-000316

and enhance public service.

00:23:14Source

GCG Chairperson Atty. Marius P. Corpus

asr-000317

While the core compensation for the expanded headcount

00:23:20Source

GCG Chairperson Atty. Marius P. Corpus

asr-000318

is separately accounted for,

00:23:23Source

GCG Chairperson Atty. Marius P. Corpus

asr-000319

the requested MOOE augmentation is critically required

00:23:28Source

GCG Chairperson Atty. Marius P. Corpus

asr-000320

to provide the operational support,

00:23:31Source

GCG Chairperson Atty. Marius P. Corpus

asr-000321

tools and infrastructure necessary for the additional authorized positions to function.

00:23:37Source

GCG Chairperson Atty. Marius P. Corpus

asr-000322

This requested MOOE augmentation

00:23:41Source

GCG Chairperson Atty. Marius P. Corpus

asr-000323

is thus intended to directly fund the essential needs,

00:23:44Source

GCG Chairperson Atty. Marius P. Corpus

asr-000324

the financial and logistical requirements of the expanded workforce,

00:23:48Source

GCG Chairperson Atty. Marius P. Corpus

asr-000325

including the procurement of additional office supplies

00:23:51Source

GCG Chairperson Atty. Marius P. Corpus

asr-000326

and other day-to-day operational needs.

00:23:55Source

GCG Chairperson Atty. Marius P. Corpus

asr-000327

Furthermore,

00:23:57Source

GCG Chairperson Atty. Marius P. Corpus

asr-000328

it will cover the incremental increases in utility expenses,

00:24:01Source

GCG Chairperson Atty. Marius P. Corpus

asr-000329

communication allowances,

00:24:03Source

GCG Chairperson Atty. Marius P. Corpus

asr-000330

and travel costs directly associated with expanded operations

00:24:07Source

GCG Chairperson Atty. Marius P. Corpus

asr-000331

of the GCG's corporate governance offices.

00:24:12Source

GCG Chairperson Atty. Marius P. Corpus

asr-000332

For easy reference,

00:24:13Source

GCG Chairperson Atty. Marius P. Corpus

asr-000333

presented is the breakdown of the

00:24:16Source

GCG Chairperson Atty. Marius P. Corpus

asr-000334

requested MOOE

00:24:17Source

GCG Chairperson Atty. Marius P. Corpus

asr-000335

augmentation.

00:24:21Source

GCG Chairperson Atty. Marius P. Corpus

asr-000336

Next slide, please.

00:24:24Source

GCG Chairperson Atty. Marius P. Corpus

asr-000337

For the

00:24:24Source

GCG Chairperson Atty. Marius P. Corpus

asr-000338

motor vehicle

00:24:26Source

GCG Chairperson Atty. Marius P. Corpus

asr-000339

reflating program.

00:24:28Source

GCG Chairperson Atty. Marius P. Corpus

asr-000340

In addition to the operational

00:24:30Source

GCG Chairperson Atty. Marius P. Corpus

asr-000341

requirements, a supplementary

00:24:32Source

GCG Chairperson Atty. Marius P. Corpus

asr-000342

budgetary allocation under capital

00:24:34Source

GCG Chairperson Atty. Marius P. Corpus

asr-000343

outlay in the amount of

00:24:36Source

GCG Chairperson Atty. Marius P. Corpus

asr-000344

12 million is formally requested

00:24:38Source

GCG Chairperson Atty. Marius P. Corpus

asr-000345

for the procurement of

00:24:40Source

GCG Chairperson Atty. Marius P. Corpus

asr-000346

new motor vehicles.

00:24:41Source

GCG Chairperson Atty. Marius P. Corpus

asr-000347

This capital investment

00:24:43Source

GCG Chairperson Atty. Marius P. Corpus

asr-000348

is urgently required to

00:24:45Source

GCG Chairperson Atty. Marius P. Corpus

asr-000349

replace the GCG's aging and

00:24:47Source

GCG Chairperson Atty. Marius P. Corpus

asr-000350

deteriorating fleet, which has

00:24:49Source

GCG Chairperson Atty. Marius P. Corpus

asr-000351

far exceeded its

00:24:50Source

GCG Chairperson Atty. Marius P. Corpus

asr-000352

economic service life.

00:24:53Source

GCG Chairperson Atty. Marius P. Corpus

asr-000353

Currently,

00:24:55Source

GCG Chairperson Atty. Marius P. Corpus

asr-000354

the existing vehicles present

00:24:57Source

GCG Chairperson Atty. Marius P. Corpus

asr-000355

escalating repair and maintenance

00:24:58Source

GCG Chairperson Atty. Marius P. Corpus

asr-000356

costs, frequent operational

00:25:01Source

GCG Chairperson Atty. Marius P. Corpus

asr-000357

downtime, and compromised

00:25:03Source

GCG Chairperson Atty. Marius P. Corpus

asr-000358

safety standards for personnel.

00:25:06Source

GCG Chairperson Atty. Marius P. Corpus

asr-000359

Given the recently

00:25:07Source

GCG Chairperson Atty. Marius P. Corpus

asr-000360

approved reorganization of the GCG

00:25:09Source

GCG Chairperson Atty. Marius P. Corpus

asr-000361

and the resulting

00:25:11Source

GCG Chairperson Atty. Marius P. Corpus

asr-000362

expansion of authorized

00:25:12Source

GCG Chairperson Atty. Marius P. Corpus

asr-000363

headcount, the demand for

00:25:14Source

GCG Chairperson Atty. Marius P. Corpus

asr-000364

reliable mobility assets

00:25:17Source

GCG Chairperson Atty. Marius P. Corpus

asr-000365

has intensified.

00:25:19Source

GCG Chairperson Atty. Marius P. Corpus

asr-000366

The procurement of these

00:25:20Source

GCG Chairperson Atty. Marius P. Corpus

asr-000367

replacement vehicles is critical

00:25:22Source

GCG Chairperson Atty. Marius P. Corpus

asr-000368

to ensuring that the newly expanded

00:25:24Source

GCG Chairperson Atty. Marius P. Corpus

asr-000369

workforce can seamlessly

00:25:26Source

GCG Chairperson Atty. Marius P. Corpus

asr-000370

conduct field inspections,

00:25:29Source

GCG Chairperson Atty. Marius P. Corpus

asr-000371

deliver frontline services,

00:25:31Source

GCG Chairperson Atty. Marius P. Corpus

asr-000372

and execute mandated

00:25:32Source

GCG Chairperson Atty. Marius P. Corpus

asr-000373

regional operations without

00:25:34Source

GCG Chairperson Atty. Marius P. Corpus

asr-000374

logistical delays.

00:25:37Source

GCG Chairperson Atty. Marius P. Corpus

asr-000375

This requested

00:25:38Source

GCG Chairperson Atty. Marius P. Corpus

asr-000376

capital outlay allocation

00:25:41Source

GCG Chairperson Atty. Marius P. Corpus

asr-000377

will directly fund

00:25:42Source

GCG Chairperson Atty. Marius P. Corpus

asr-000378

the acquisition of three

00:25:44Source

GCG Chairperson Atty. Marius P. Corpus

asr-000379

multipurpose vehicles and three

00:25:46Source

GCG Chairperson Atty. Marius P. Corpus

asr-000380

passenger vans in strict

00:25:48Source

GCG Chairperson Atty. Marius P. Corpus

asr-000381

compliance with existing government

00:25:50Source

GCG Chairperson Atty. Marius P. Corpus

asr-000382

procurement guidelines and

00:25:52Source

GCG Chairperson Atty. Marius P. Corpus

asr-000383

vehicle categorization standards.

00:25:56Source

GCG Chairperson Atty. Marius P. Corpus

asr-000384

Replacing

00:25:56Source

GCG Chairperson Atty. Marius P. Corpus

asr-000385

the GCG's aging assets

00:25:58Source

GCG Chairperson Atty. Marius P. Corpus

asr-000386

will immediately mitigate the

00:26:00Source

GCG Chairperson Atty. Marius P. Corpus

asr-000387

high recurrent expenditures

00:26:02Source

GCG Chairperson Atty. Marius P. Corpus

asr-000388

currently spent on stopgap

00:26:04Source

GCG Chairperson Atty. Marius P. Corpus

asr-000389

repairs under the operating

00:26:06Source

GCG Chairperson Atty. Marius P. Corpus

asr-000390

budget, thereby promoting

00:26:08Source

GCG Chairperson Atty. Marius P. Corpus

asr-000391

long-term fiscal efficiency.

00:26:11Source

GCG Chairperson Atty. Marius P. Corpus

asr-000392

President Marcos has called for the realization of a digital Philippines through stronger digital infrastructure, innovation, cyber security, and a digitally-empowered workforce.

00:26:28Source

GCG Chairperson Atty. Marius P. Corpus

asr-000393

Guided by this vision,

00:26:30Source

GCG Chairperson Atty. Marius P. Corpus

asr-000394

the GCG continues to invest

00:26:32Source

GCG Chairperson Atty. Marius P. Corpus

asr-000395

in digital transformation initiatives

00:26:34Source

GCG Chairperson Atty. Marius P. Corpus

asr-000396

that strengthen

00:26:36Source

GCG Chairperson Atty. Marius P. Corpus

asr-000397

governance, improve

00:26:38Source

GCG Chairperson Atty. Marius P. Corpus

asr-000398

operational efficiency,

00:26:39Source

GCG Chairperson Atty. Marius P. Corpus

asr-000399

enhance transparency,

00:26:41Source

GCG Chairperson Atty. Marius P. Corpus

asr-000400

and secure government

00:26:43Source

GCG Chairperson Atty. Marius P. Corpus

asr-000401

information systems.

00:26:45Source

GCG Chairperson Atty. Marius P. Corpus

asr-000402

In support of these objectives,

00:26:48Source

GCG Chairperson Atty. Marius P. Corpus

asr-000403

we respectfully present the following

00:26:50Source

GCG Chairperson Atty. Marius P. Corpus

asr-000404

ICT programs

00:26:51Source

GCG Chairperson Atty. Marius P. Corpus

asr-000405

and projects for consideration.

00:26:55Source

GCG Chairperson Atty. Marius P. Corpus

asr-000406

First, the enhancement

00:26:57Source

GCG Chairperson Atty. Marius P. Corpus

asr-000407

and maintenance of the EICRS.

00:27:01Source

GCG Chairperson Atty. Marius P. Corpus

asr-000408

The GCG

00:27:01Source

GCG Chairperson Atty. Marius P. Corpus

asr-000409

has already secured the support of the

00:27:03Source

GCG Chairperson Atty. Marius P. Corpus

asr-000410

Asian Development Bank

00:27:05Source

GCG Chairperson Atty. Marius P. Corpus

asr-000411

in developing an enhanced

00:27:08Source

GCG Chairperson Atty. Marius P. Corpus

asr-000412

integrated

00:27:09Source

GCG Chairperson Atty. Marius P. Corpus

asr-000413

corporate reporting system.

00:27:11Source

GCG Chairperson Atty. Marius P. Corpus

asr-000414

To fully realize

00:27:13Source

GCG Chairperson Atty. Marius P. Corpus

asr-000415

the benefits of this internationally

00:27:15Source

GCG Chairperson Atty. Marius P. Corpus

asr-000416

supported initiative,

00:27:17Source

GCG Chairperson Atty. Marius P. Corpus

asr-000417

it is equally important

00:27:19Source

GCG Chairperson Atty. Marius P. Corpus

asr-000418

to provide the necessary ICT

00:27:21Source

GCG Chairperson Atty. Marius P. Corpus

asr-000419

infrastructure that will

00:27:23Source

GCG Chairperson Atty. Marius P. Corpus

asr-000420

sustain, secure, and expand

00:27:25Source

GCG Chairperson Atty. Marius P. Corpus

asr-000421

the platform.

00:27:27Source

GCG Chairperson Atty. Marius P. Corpus

asr-000422

Without the required servers,

00:27:29Source

GCG Chairperson Atty. Marius P. Corpus

asr-000423

storage, software

00:27:31Source

GCG Chairperson Atty. Marius P. Corpus

asr-000424

licenses, subscriptions,

00:27:34Source

GCG Chairperson Atty. Marius P. Corpus

asr-000425

and cyber security

00:27:35Source

GCG Chairperson Atty. Marius P. Corpus

asr-000426

tools, we risk underutilizing

00:27:38Source

GCG Chairperson Atty. Marius P. Corpus

asr-000427

an important

00:27:39Source

GCG Chairperson Atty. Marius P. Corpus

asr-000428

digital system.

00:27:39Source

GCG Chairperson Atty. Marius P. Corpus

asr-000429

Digital Governance Investment.

00:27:41Source

GCG Chairperson Atty. Marius P. Corpus

asr-000430

The EICR,

00:27:43Source

GCG Chairperson Atty. Marius P. Corpus

asr-000431

as your honor,

00:27:44Source

GCG Chairperson Atty. Marius P. Corpus

asr-000432

it can be accessed

00:27:45Source

GCG Chairperson Atty. Marius P. Corpus

asr-000433

on the GCG website.

00:27:50Source

GCG Chairperson Atty. Marius P. Corpus

asr-000434

It's available

00:27:51Source

GCG Chairperson Atty. Marius P. Corpus

asr-000435

by everybody.

00:27:52Source

GCG Chairperson Atty. Marius P. Corpus

asr-000436

It can be accessed by everybody.

00:27:54Source

GCG Chairperson Atty. Marius P. Corpus

asr-000437

It contains, among others,

00:27:56Source

GCG Chairperson Atty. Marius P. Corpus

asr-000438

the financial and non-financial

00:27:58Source

GCG Chairperson Atty. Marius P. Corpus

asr-000439

condition of the GOCCs,

00:28:01Source

GCG Chairperson Atty. Marius P. Corpus

asr-000440

the governing board members,

00:28:03Source

GCG Chairperson Atty. Marius P. Corpus

asr-000441

and other vital

00:28:05Source

GCG Chairperson Atty. Marius P. Corpus

asr-000442

information for transparency.

00:28:09Source

GCG Chairperson Atty. Marius P. Corpus

asr-000443

Let's go to the next slide.

00:28:09Source

GCG Chairperson Atty. Marius P. Corpus

asr-000444

The government systems

00:28:10Source

GCG Chairperson Atty. Marius P. Corpus

asr-000445

become increasingly digital.

00:28:13Source

GCG Chairperson Atty. Marius P. Corpus

asr-000446

Cyber security becomes

00:28:14Source

GCG Chairperson Atty. Marius P. Corpus

asr-000447

a fundamental requirement

00:28:16Source

GCG Chairperson Atty. Marius P. Corpus

asr-000448

for protecting government data

00:28:17Source

GCG Chairperson Atty. Marius P. Corpus

asr-000449

and maintaining public trust.

00:28:20Source

GCG Chairperson Atty. Marius P. Corpus

asr-000450

The GCG shall strengthen

00:28:22Source

GCG Chairperson Atty. Marius P. Corpus

asr-000451

its cyber security and data

00:28:24Source

GCG Chairperson Atty. Marius P. Corpus

asr-000452

governance capabilities

00:28:25Source

GCG Chairperson Atty. Marius P. Corpus

asr-000453

in compliance with Executive Order

00:28:28Source

GCG Chairperson Atty. Marius P. Corpus

asr-000454

No. 119 Series

00:28:30Source

GCG Chairperson Atty. Marius P. Corpus

asr-000455

of 2026

00:28:31Source

GCG Chairperson Atty. Marius P. Corpus

asr-000456

issued by the Office of the President,

00:28:34Source

GCG Chairperson Atty. Marius P. Corpus

asr-000457

requiring

00:28:35Source

GCG Chairperson Atty. Marius P. Corpus

asr-000458

government agencies to implement

00:28:37Source

GCG Chairperson Atty. Marius P. Corpus

asr-000459

appropriate measures

00:28:39Source

GCG Chairperson Atty. Marius P. Corpus

asr-000460

for the classification,

00:28:41Source

GCG Chairperson Atty. Marius P. Corpus

asr-000461

protection, handling,

00:28:43Source

GCG Chairperson Atty. Marius P. Corpus

asr-000462

and residency of government data.

00:28:46Source

GCG Chairperson Atty. Marius P. Corpus

asr-000463

In addition,

00:28:47Source

GCG Chairperson Atty. Marius P. Corpus

asr-000464

the GCG's participation

00:28:48Source

GCG Chairperson Atty. Marius P. Corpus

asr-000465

in the National Security Operations

00:28:51Source

GCG Chairperson Atty. Marius P. Corpus

asr-000466

Center, or NSOC

00:28:53Source

GCG Chairperson Atty. Marius P. Corpus

asr-000467

program, and the establishment

00:28:55Source

GCG Chairperson Atty. Marius P. Corpus

asr-000468

of its own organizational

00:28:57Source

GCG Chairperson Atty. Marius P. Corpus

asr-000469

computer emergency response

00:28:59Source

GCG Chairperson Atty. Marius P. Corpus

asr-000470

team, form part

00:29:01Source

GCG Chairperson Atty. Marius P. Corpus

asr-000471

of its efforts to strengthen

00:29:02Source

GCG Chairperson Atty. Marius P. Corpus

asr-000472

cyber security capabilities

00:29:04Source

GCG Chairperson Atty. Marius P. Corpus

asr-000473

and support the DICT's

00:29:07Source

GCG Chairperson Atty. Marius P. Corpus

asr-000474

initiatives on government-wide

00:29:09Source

GCG Chairperson Atty. Marius P. Corpus

asr-000475

cyber security.

00:29:09Source

GCG Chairperson Atty. Marius P. Corpus

asr-000476

In support of the DVM-approved

00:29:14Source

GCG Chairperson Atty. Marius P. Corpus

asr-000477

organizational structure

00:29:15Source

GCG Chairperson Atty. Marius P. Corpus

asr-000478

and staffing pattern

00:29:17Source

GCG Chairperson Atty. Marius P. Corpus

asr-000479

and the GCG's continuing

00:29:19Source

GCG Chairperson Atty. Marius P. Corpus

asr-000480

workforce expansion,

00:29:21Source

GCG Chairperson Atty. Marius P. Corpus

asr-000481

the procurement of additional

00:29:22Source

GCG Chairperson Atty. Marius P. Corpus

asr-000482

laptops and ICT equipment,

00:29:25Source

GCG Chairperson Atty. Marius P. Corpus

asr-000483

including the replacement of

00:29:27Source

GCG Chairperson Atty. Marius P. Corpus

asr-000484

obsolete and unserviceable units,

00:29:30Source

GCG Chairperson Atty. Marius P. Corpus

asr-000485

is critical to sustaining

00:29:31Source

GCG Chairperson Atty. Marius P. Corpus

asr-000486

operational efficiency across

00:29:33Source

GCG Chairperson Atty. Marius P. Corpus

asr-000487

all three sites.

00:29:35Source

GCG Chairperson Atty. Marius P. Corpus

asr-000488

The project will equip personnel

00:29:37Source

GCG Chairperson Atty. Marius P. Corpus

asr-000489

with reliable computing resources,

00:29:39Source

GCG Chairperson Atty. Marius P. Corpus

asr-000490

software subscriptions,

00:29:42Source

GCG Chairperson Atty. Marius P. Corpus

asr-000491

collaboration platforms,

00:29:43Source

GCG Chairperson Atty. Marius P. Corpus

asr-000492

and other essential ICT tools

00:29:45Source

GCG Chairperson Atty. Marius P. Corpus

asr-000493

to enhance productivity,

00:29:48Source

GCG Chairperson Atty. Marius P. Corpus

asr-000494

strengthen institutional

00:29:49Source

GCG Chairperson Atty. Marius P. Corpus

asr-000495

capacity, and ensure

00:29:52Source

GCG Chairperson Atty. Marius P. Corpus

asr-000496

the effective delivery of the

00:29:54Source

GCG Chairperson Atty. Marius P. Corpus

asr-000497

GCG's regulatory

00:29:55Source

GCG Chairperson Atty. Marius P. Corpus

asr-000498

oversight and governance

00:29:58Source

GCG Chairperson Atty. Marius P. Corpus

asr-000499

mandates.

00:30:00Source

GCG Chairperson Atty. Marius P. Corpus

asr-000500

Many of our existing laptops and ICT equipment are already obsolete, defective, or beyond their useful life.

00:30:09Source

GCG Chairperson Atty. Marius P. Corpus

asr-000501

Continued reliance on these devices affects productivity.

00:30:13Source

GCG Chairperson Atty. Marius P. Corpus

asr-000502

One of the most significant risks faced by any digital organization is the loss of critical systems during a disaster or major disruption.

00:30:23Source

GCG Chairperson Atty. Marius P. Corpus

asr-000503

At present, the GCG does not have its own disaster recovery facility and remains dependent on shared resources outside the agency.

00:30:36Source

GCG Chairperson Atty. Marius P. Corpus

asr-000504

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.

00:30:53Source

GCG Chairperson Atty. Marius P. Corpus

asr-000505

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.

00:31:07Source

GCG Chairperson Atty. Marius P. Corpus

asr-000506

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

00:31:23Source

GCG Chairperson Atty. Marius P. Corpus

asr-000507

capabilities to support the Commission's expanding digital operations.

00:31:30Source

GCG Chairperson Atty. Marius P. Corpus

asr-000508

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.

00:31:48Source

GCG Chairperson Atty. Marius P. Corpus

asr-000509

Much of the ICT infrastructure supporting our head office operations

00:31:53Source

GCG Chairperson Atty. Marius P. Corpus

asr-000510

is already approaching or has reached end-of-life status.

00:31:58Source

GCG Chairperson Atty. Marius P. Corpus

asr-000511

Unsupported network equipment increases the risk of system failures,

00:32:04Source

GCG Chairperson Atty. Marius P. Corpus

asr-000512

cybersecurity vulnerabilities, and service interruptions.

00:32:09Source

GCG Chairperson Atty. Marius P. Corpus

asr-000513

Similar investments are also necessary for the ICT infrastructure

00:32:13Source

GCG Chairperson Atty. Marius P. Corpus

asr-000514

deployed at the Extension Office of the GCG, the Extension Office A.

00:32:19Source

GCG Chairperson Atty. Marius P. Corpus

asr-000515

3. Existing facilities, including air conditioning units

00:32:23Source

GCG Chairperson Atty. Marius P. Corpus

asr-000516

that are essential for maintaining data center operations,

00:32:27Source

GCG Chairperson Atty. Marius P. Corpus

asr-000517

have experienced breakdowns that affect the reliability of ICT services.

00:32:34Source

GCG Chairperson Atty. Marius P. Corpus

asr-000518

As we conclude our presentations, Your Honors,

00:32:38Source

GCG Chairperson Atty. Marius P. Corpus

asr-000519

allow us to leave one final perspective.

00:32:41Source

GCG Chairperson Atty. Marius P. Corpus

asr-000520

The GCG is requesting a proposed fiscal year 2027 budget

00:32:47Source

GCG Chairperson Atty. Marius P. Corpus

asr-000521

of P602.40

00:32:49Source

GCG Chairperson Atty. Marius P. Corpus

asr-000522

million, including both Tier 1 and Tier 2.

00:32:54Source

GCG Chairperson Atty. Marius P. Corpus

asr-000523

Relative to the fiscal year 2026 budget of 6.79 trillion,

00:33:01Source

GCG Chairperson Atty. Marius P. Corpus

asr-000524

this represents only 0.0089% of the total government appropriations.

00:33:08Source

GCG Chairperson Atty. Marius P. Corpus

asr-000525

Nevertheless, with this modest share of the national budget,

00:33:13Source

GCG Chairperson Atty. Marius P. Corpus

asr-000526

the GCG performs oversight over a GOC sector

00:33:16Source

GCG Chairperson Atty. Marius P. Corpus

asr-000527

that manages trillions.

00:33:19Source

GCG Chairperson Atty. Marius P. Corpus

asr-000528

In addition, the GCG is also responsible for the financial and public assets,

00:33:23Source

GCG Chairperson Atty. Marius P. Corpus

asr-000529

generates revenues for government,

00:33:25Source

GCG Chairperson Atty. Marius P. Corpus

asr-000530

and contributes to substantial dividend remittances to the national treasury.

00:33:30Source

GCG Chairperson Atty. Marius P. Corpus

asr-000531

The resources entrusted to us are only a small fraction of the value

00:33:35Source

GCG Chairperson Atty. Marius P. Corpus

asr-000532

we help protect, monitor, and optimize on behalf of the Filipino people.

00:33:41Source

GCG Chairperson Atty. Marius P. Corpus

asr-000533

Through our governance reforms, performance management, fiscal oversight, digital transformation, and

00:33:49Source

GCG Chairperson Atty. Marius P. Corpus

asr-000534

accountability measures, the GCG helps ensure that GOCCs remain financially sound

00:33:57Source

GCG Chairperson Atty. Marius P. Corpus

asr-000535

and responsive to national development policies.

00:34:02Source

GCG Chairperson Atty. Marius P. Corpus

asr-000536

Our proposed budget is an investment that enables the Governance Commission

00:34:06Source

GCG Chairperson Atty. Marius P. Corpus

asr-000537

to continue safeguarding public resources and maximizing the value that GOCCs deliver to the Filipino people.

00:34:16Source

GCG Chairperson Atty. Marius P. Corpus

asr-000538

Guided by the vision of our President,

00:34:19Source

GCG Chairperson Atty. Marius P. Corpus

asr-000539

the GCG remains committed to strengthening governance across the sector

00:34:23Source

GCG Chairperson Atty. Marius P. Corpus

asr-000540

and ensuring that every GOCC contributes meaningfully to nation-building.

00:34:29Source

GCG Chairperson Atty. Marius P. Corpus

asr-000541

With your continued support, Your Honors, we can sustain these gains

00:34:33Source

GCG Chairperson Atty. Marius P. Corpus

asr-000542

and further advance a GOCC sector that delivers greater value,

00:34:38Source

GCG Chairperson Atty. Marius P. Corpus

asr-000543

greater accountability, and greater service to the Filipino people.

00:34:43Source

GCG Chairperson Atty. Marius P. Corpus

asr-000544

For these reasons, we respectfully seek the favorable consideration

00:34:47Source

GCG Chairperson Atty. Marius P. Corpus

asr-000545

of the honorable

00:34:49Source

GCG Chairperson Atty. Marius P. Corpus

asr-000554

subcommittee for the GCG's

00:34:51Source

GCG Chairperson Atty. Marius P. Corpus

asr-000555

fiscal year 2027 proposed budget.

00:34:55Source

GCG Chairperson Atty. Marius P. Corpus

asr-000556

Thank you very much, Your Honor.

00:34:57Source

Senator Paolo Benigno "Bam" Aquino IV

asr-000557

Thank you, Attorney Corpus.

00:34:58Source

Senator Paolo Benigno "Bam" Aquino IV

asr-000558

Thank you very much.

00:34:59Source

Senator Paolo Benigno "Bam" Aquino IV

asr-000559

Just a few questions and then we'll go to DTI.

00:35:03Source

Senator Paolo Benigno "Bam" Aquino IV

asr-000560

I think the Chairman also has questions more for DTI than for GCG.

00:35:07Source

Senator Paolo Benigno "Bam" Aquino IV

asr-000561

Of the 113 GOCCs in your purview, is that the correct word?

00:35:15Source

Senator Paolo Benigno "Bam" Aquino IV

asr-000562

Or in your stable?

00:35:17Source

Senator Paolo Benigno "Bam" Aquino IV

asr-000563

In your stable.

00:35:19Source

Senator Paolo Benigno "Bam" Aquino IV

asr-000564

Ilan po doon yung nag-remit sa gobyerno? Ilan po doon yung kailangan sustentuhan ng gobyerno?

00:35:26Source

Senator Paolo Benigno "Bam" Aquino IV

asr-000565

Neto, Net.

00:35:28Source

GCG Chairperson Atty. Marius P. Corpus

asr-000566

Yes, actually Your Honor, the count is down to 112.

00:35:33Source

GCG Chairperson Atty. Marius P. Corpus

asr-000567

Because GOCC, specifically if I recall right, the Philippine Aerospace Development Corporation

00:35:42Source

GCG Chairperson Atty. Marius P. Corpus

asr-000568

had expired, its existence had expired early this year.

00:35:50Source

GCG Chairperson Atty. Marius P. Corpus

asr-000569

So there are only 112 GOCCs left.

00:35:54Source

Senator Paolo Benigno "Bam" Aquino IV

asr-000570

So of the 112, ilan po doon yung nag-remit at ilan po doon yung kailangan sustentuhan na neto?

00:36:01Source

GCG Chairperson Atty. Marius P. Corpus

asr-000571

Yes, we have the list Your Honor, I don't have it with me right now.

00:36:06Source

Senator Paolo Benigno "Bam" Aquino IV

asr-000572

Anybody can answer? Director Kenneth, for the record.

00:36:11Source

GCG Director Kenneth M. Rafols

asr-000573

Hello, good afternoon.

00:36:12Source

GCG Director Kenneth M. Rafols

asr-000574

As of 2025, 43 GOCCs remits dividends, then 27 is subsidized po.

00:36:22Source

Senator Paolo Benigno "Bam" Aquino IV

asr-000575

Could you, like which GOCCs would have the biggest subsidies?

00:36:28Source

Senator Paolo Benigno "Bam" Aquino IV

asr-000576

Just for the record lang para alam rin namin ni Chairperson JV.

00:36:35Source

GCG Director Kenneth M. Rafols

asr-000577

For 2025, Senator, it's PhilHealth po.

00:36:39Source

Senator Paolo Benigno "Bam" Aquino IV

asr-000578

PhilHealth has the biggest subsidy?

00:36:41Source

GCG Director Kenneth M. Rafols

asr-000579

Yes po.

00:36:42Source

Senator Paolo Benigno "Bam" Aquino IV

asr-000580

And what else pa?

00:36:44Source

GCG Director Kenneth M. Rafols

asr-000581

And National Irrigation Administration, or NIA po.

00:36:48Source

Senator Paolo Benigno "Bam" Aquino IV

asr-000582

Okay.

00:36:49Source

Senator Paolo Benigno "Bam" Aquino IV

asr-000583

And tama ba, Attorney Corpus, is it the goal of all GOCCs to eventually be net positive

00:36:58Source

Senator Paolo Benigno "Bam" Aquino IV

asr-000584

and remitting to the government or not necessarily?

00:37:01Source

GCG Chairperson Atty. Marius P. Corpus

asr-000585

Not necessarily, Your Honor, because there are certain GOCCs that have mandates that cater directly to the public

00:37:09Source

GCG Chairperson Atty. Marius P. Corpus

asr-000586

and for this they would need...

00:37:12Source

Senator Paolo Benigno "Bam" Aquino IV

asr-000587

Yes po.

00:37:13Source

GCG Chairperson Atty. Marius P. Corpus

asr-000588

...subsidies from the national government, but we also monitor their performance in terms

00:37:17Source

GCG Chairperson Atty. Marius P. Corpus

asr-000589

of their utilization of the subsidy allocated to them, if it is effective as far as...

00:37:25Source

Senator Paolo Benigno "Bam" Aquino IV

asr-000590

Could you give us some examples, Attorney Corpus?

00:37:27Source

GCG Chairperson Atty. Marius P. Corpus

asr-000591

Yes, the National Food Authority.

00:37:31Source

Senator Paolo Benigno "Bam" Aquino IV

asr-000592

Can we have the National?

00:37:34Source

Senator Paolo Benigno "Bam" Aquino IV

asr-000593

Anyone from your team can answer.

00:37:48Source

GCG Corporate Standards Office Director IV Atty. Jocelyn Grace N. Navato

asr-000597

Yeah. For NFA po, for 2025, it received a subsidy of 14 billion, but it's performing its social

00:37:57Source

GCG Corporate Standards Office Director IV Atty. Jocelyn Grace N. Navato

asr-000598

mandate of buffer stocking.

00:38:01Source

Senator Paolo Benigno "Bam" Aquino IV

asr-000599

Well, we know that there were some issues with the NFA after the rice tarification law,

00:38:06Source

Senator Paolo Benigno "Bam" Aquino IV

asr-000600

di ba?

00:38:08Source

Senator Paolo Benigno "Bam" Aquino IV

asr-000601

In any case,

00:38:09Source

Senator Paolo Benigno "Bam" Aquino IV

asr-000602

you assess every

00:38:11Source

Senator Paolo Benigno "Bam" Aquino IV

asr-000603

GOCC.

00:38:12Source

Senator Paolo Benigno "Bam" Aquino IV

asr-000604

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.

00:38:22Source

Senator Paolo Benigno "Bam" Aquino IV

asr-000605

So you judge them differently.

00:38:24Source

GCG Chairperson Atty. Marius P. Corpus

asr-000606

Yes, Your Honor.

00:38:24Source

Senator Paolo Benigno "Bam" Aquino IV

asr-000607

So it's not necessarily true that your ultimate indicator is how much you remit.

00:38:30Source

Senator Paolo Benigno "Bam" Aquino IV

asr-000608

Kasi usually, pag-GOCC, ang tinitinan ng tao, magkano ba yung nababalik sa gobyerno.

00:38:36Source

Senator Paolo Benigno "Bam" Aquino IV

asr-000609

Tama ba yun, Atty. Marius?

00:38:37Source

GCG Chairperson Atty. Marius P. Corpus

asr-000610

Yes, Yes, Your Honor.

00:38:38Source

GCG Chairperson Atty. Marius P. Corpus

asr-000611

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.

00:38:50Source

GCG Chairperson Atty. Marius P. Corpus

asr-000612

There's an upward turn in their performance rating.

00:38:54Source

Senator Paolo Benigno "Bam" Aquino IV

asr-000613

When we say GOCC, it has the nature of a corporation, so they're allowed to engage in business, correct?

00:39:02Source

GCG Chairperson Atty. Marius P. Corpus

asr-000614

Our GOCC is allowed to engage in commercial operations, Your Honor.

00:39:07Source

Senator Paolo Benigno "Bam" Aquino IV

asr-000615

Yes.

00:39:08Source

GCG Chairperson Atty. Marius P. Corpus

asr-000616

But it's not necessarily the case that all GOCCs are expected to transact or expected to do commercial transactions.

00:39:16Source

GCG Chairperson Atty. Marius P. Corpus

asr-000617

Not necessarily.

00:39:17Source

GCG Chairperson Atty. Marius P. Corpus

asr-000618

In fact, the classification of GOCCs are categorized into three.

00:39:23Source

GCG Chairperson Atty. Marius P. Corpus

asr-000619

Those that are subsidized by the national government, that those that are performing public functions but are allowed to engage in commercial activities,

00:39:33Source

GCG Chairperson Atty. Marius P. Corpus

asr-000620

and those that are engaged in commercial activities in competition

00:39:38Source

GCG Chairperson Atty. Marius P. Corpus

asr-000621

with the private sector.

00:39:40Source

Senator Paolo Benigno "Bam" Aquino IV

asr-000622

So, we saw in your presentation that over the past 12 years, the remittances have grown higher, correct?

00:39:50Source

Senator Paolo Benigno "Bam" Aquino IV

asr-000623

Which is, of course, an accomplishment.

00:39:52Source

Senator Paolo Benigno "Bam" Aquino IV

asr-000624

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.

00:40:02Source

GCG Chairperson Atty. Marius P. Corpus

asr-000625

Sure.

00:40:02Source

Senator Paolo Benigno "Bam" Aquino IV

asr-000626

So, in your assessment of the 113, now 112 GOCCs,

00:40:08Source

Senator Paolo Benigno "Bam" Aquino IV

asr-000627

are all of them hitting their mandates?

00:40:13Source

Senator Paolo Benigno "Bam" Aquino IV

asr-000628

Setting aside the remittance part, kasi hindi naman lahat expected na mag-remit.

00:40:19Source

Senator Paolo Benigno "Bam" Aquino IV

asr-000629

How would you categorize them?

00:40:21Source

Senator Paolo Benigno "Bam" Aquino IV

asr-000630

Like, how many would be high-performing, satisfactory, and how many would be performing under the standards that you have set?

00:40:30Source

Senator Paolo Benigno "Bam" Aquino IV

asr-000631

Because this is really the job of GCG, di ba?

00:40:32Source

Senator Paolo Benigno "Bam" Aquino IV

asr-000632

To monitor all of them.

00:40:33Source

GCG Chairperson Atty. Marius P. Corpus

asr-000633

Yes, Your Honor.

00:40:35Source

GCG Chairperson Atty. Marius P. Corpus

asr-000634

Well, as of now, Your Honor,

00:40:38Source

GCG Chairperson Atty. Marius P. Corpus

asr-000635

unfortunately, there are some GOCCs that are, you know, not really performing up to par.

00:40:45Source

GCG Chairperson Atty. Marius P. Corpus

asr-000636

And, in fact, the performance rate, as I have stated, Ariel, is about 67 percent, which is an improvement from previous years, Your Honor.

00:41:00Source

Senator Paolo Benigno "Bam" Aquino IV

asr-000637

Yeah, would you be able, just for the record, no, if you could help us understand of the 112,

00:41:08Source

Senator Paolo Benigno "Bam" Aquino IV

asr-000638

ano yung category ng performance nila, based on your assessment?

00:41:11Source

Senator Paolo Benigno "Bam" Aquino IV

asr-000639

Kasi that's not in this, it's not in your slides.

00:41:14Source

GCG Chairperson Atty. Marius P. Corpus

asr-000640

Yes.

00:41:14Source

Senator Paolo Benigno "Bam" Aquino IV

asr-000641

Yeah, would you be able to submit that to the...

00:41:16Source

GCG Chairperson Atty. Marius P. Corpus

asr-000642

Yes, Your Honor, maybe.

00:41:17Source

Senator Paolo Benigno "Bam" Aquino IV

asr-000643

Para lang the senators are also advised on the performance of these GOCCs.

00:41:23Source

Senator Paolo Benigno "Bam" Aquino IV

asr-000644

Could you give us an example?

00:41:24Source

Senator Paolo Benigno "Bam" Aquino IV

asr-000645

Kunyari, what's an example in your assessment of a top-performing or the most top-performing GOCC,

00:41:32Source

Senator Paolo Benigno "Bam" Aquino IV

asr-000646

isang maybe middle, mid-level, and one that needs...

00:41:38Source

Senator Paolo Benigno "Bam" Aquino IV

asr-000647

greater improvement. Para lang for our appreciation also.

00:41:41Source

GCG Chairperson Atty. Marius P. Corpus

asr-000648

Yes, Your Honor.

00:41:42Source

GCG Chairperson Atty. Marius P. Corpus

asr-000649

Every year, Your Honor, we have this annual GOCC Awards,

00:41:47Source

GCG Chairperson Atty. Marius P. Corpus

asr-000650

and we recognize the top-performing GOCCs in terms of the performance evaluation system,

00:41:54Source

GCG Chairperson Atty. Marius P. Corpus

asr-000651

and also with respect to their compliance with the corporate governance scorecard.

00:41:59Source

GCG Chairperson Atty. Marius P. Corpus

asr-000652

An example of a top-performing GOCC, Your Honor, would be Land Bank.

00:42:03Source

GCG Chairperson Atty. Marius P. Corpus

asr-000653

It has been consistently in the...

00:42:05Source

Senator Paolo Benigno "Bam" Aquino IV

asr-000654

For multiple years, I'm sure, no?

00:42:06Source

GCG Chairperson Atty. Marius P. Corpus

asr-000655

Yes, Your Honor.

00:42:08Source

GCG Chairperson Atty. Marius P. Corpus

asr-000656

An example of a GOCC that is in the middle would be PhilHealth.

00:42:16Source

GCG Chairperson Atty. Marius P. Corpus

asr-000657

For several years, it has not been performing quite well,

00:42:21Source

GCG Chairperson Atty. Marius P. Corpus

asr-000658

but now we see an improved performance, but although it has not achieved,

00:42:25Source

GCG Chairperson Atty. Marius P. Corpus

asr-000659

because to be able to qualify for the performance evaluation system award,

00:42:32Source

GCG Chairperson Atty. Marius P. Corpus

asr-000660

you have to reach a rating of 90%, 90% or above.

00:42:38Source

GCG Chairperson Atty. Marius P. Corpus

asr-000661

For PhilHealth, I think it's about 70%.

00:42:44Source

GCG Chairperson Atty. Marius P. Corpus

asr-000662

Nasa 70% pa lang sila.

00:42:46Source

GCG Chairperson Atty. Marius P. Corpus

asr-000663

But up from a lower percentage of performance.

00:42:50Source

GCG Chairperson Atty. Marius P. Corpus

asr-000664

61 daw po.

00:42:52Source

Senator Paolo Benigno "Bam" Aquino IV

asr-000665

Let me recognize Senator Rafi Tulfo, who's also joining us today.

00:42:56Source

Senator Paolo Benigno "Bam" Aquino IV

asr-000666

Senator Tulfo, we have GCG.

00:42:59Source

Senator Paolo Benigno "Bam" Aquino IV

asr-000667

Good afternoon, Senator.

00:42:59Source

Senator Paolo Benigno "Bam" Aquino IV

asr-000668

We're actually wrapping up already, then we'll have the DTI presentation shortly.

00:43:04Source

Senator Paolo Benigno "Bam" Aquino IV

asr-000669

Sige po, Attorney.

00:43:05Source

Senator Paolo Benigno "Bam" Aquino IV

asr-000670

Yung low-performing...

00:43:08Source

Senator Paolo Benigno "Bam" Aquino IV

asr-000671

Anyway, tayo-tayo lang naman nandito.

00:43:10Source

Senator Paolo Benigno "Bam" Aquino IV

asr-000672

Hindi natin ilalabas sa...

00:43:11Source

Senator Paolo Benigno "Bam" Aquino IV

asr-000673

Joke lang.

00:43:12Source

Senator Paolo Benigno "Bam" Aquino IV

asr-000674

Off the record?

00:43:13Source

Senator Paolo Benigno "Bam" Aquino IV

asr-000675

For planning purposes, para alam natin.

00:43:18Source

GCG Chairperson Atty. Marius P. Corpus

asr-000676

Marawi Resorts.

00:43:21Source

GCG Chairperson Atty. Marius P. Corpus

asr-000677

Marawi Resort Hotel.

00:43:22Source

Senator Paolo Benigno "Bam" Aquino IV

asr-000678

Marawi Resort Hotel is a GOCC?

00:43:24Source

GCG Chairperson Atty. Marius P. Corpus

asr-000679

Yes, Your Honor.

00:43:25Source

GCG Chairperson Atty. Marius P. Corpus

asr-000680

But the BARM government is planning to acquire the...

00:43:30Source

Senator Paolo Benigno "Bam" Aquino IV

asr-000681

When was that?

00:43:31Source

Senator Paolo Benigno "Bam" Aquino IV

asr-000682

Was that after the siege?

00:43:32Source

Senator Paolo Benigno "Bam" Aquino IV

asr-000683

It was created after the siege or before the siege?

00:43:34Source

GCG Chairperson Atty. Marius P. Corpus

asr-000684

No, no. Matagal na po.

00:43:34Source

Senator Paolo Benigno "Bam" Aquino IV

asr-000685

Oh, even before pa?

00:43:35Source

GCG Chairperson Atty. Marius P. Corpus

asr-000686

Even before.

00:43:36Source

GCG Chairperson Atty. Marius P. Corpus

asr-000687

It used to be...

00:43:38Source

GCG Chairperson Atty. Marius P. Corpus

asr-000688

A very well-maintained resorts but somehow it deteriorated.

00:43:43Source

GCG Chairperson Atty. Marius P. Corpus

asr-000689

And based on our yearly evaluation, hindi ko masyadong...

00:43:49Source

Senator Paolo Benigno "Bam" Aquino IV

asr-000690

Medyo falling short siya of your standards.

00:43:51Source

GCG Chairperson Atty. Marius P. Corpus

asr-000691

Short, short.

00:43:52Source

GCG Chairperson Atty. Marius P. Corpus

asr-000692

One-digit performance.

00:43:54Source

Senator Paolo Benigno "Bam" Aquino IV

asr-000693

Okay.

00:43:56Source

Senator Paolo Benigno "Bam" Aquino IV

asr-000694

Maybe as a final question on this line of questioning,

00:44:00Source

Senator Paolo Benigno "Bam" Aquino IV

asr-000695

ano po yung...

00:44:01Source

Senator Paolo Benigno "Bam" Aquino IV

asr-000696

How many years na kayo, Attorney Corpus?

00:44:03Source

Senator Paolo Benigno "Bam" Aquino IV

asr-000697

How many years in GCG?

00:44:05Source

GCG Chairperson Atty. Marius P. Corpus

asr-000698

Since 2023, Your Honor.

00:44:07Source

Senator Paolo Benigno "Bam" Aquino IV

asr-000699

So, three years.

00:44:08Source

Senator Paolo Benigno "Bam" Aquino IV

asr-000700

So, in your three years, what GOCC had the biggest turnaround in terms of performance

00:44:12Source

Senator Paolo Benigno "Bam" Aquino IV

asr-000701

from the time that you entered till today?

00:44:15Source

GCG Chairperson Atty. Marius P. Corpus

asr-000702

PCSO, Your Honor, it actually garnered the most improved GOCC award

00:44:22Source

GCG Chairperson Atty. Marius P. Corpus

asr-000703

because from a low performance of about 40% in 2023 or 2024...

00:44:30Source

GCG Chairperson Atty. Marius P. Corpus

asr-000704

2023, Your Honor, it achieved over 90%.

00:44:34Source

Senator Paolo Benigno "Bam" Aquino IV

asr-000705

Oh, really?

00:44:35Source

GCG Chairperson Atty. Marius P. Corpus

asr-000706

Yes.

00:44:35Source

Senator Paolo Benigno "Bam" Aquino IV

asr-000707

So, parang basketball may most improve.

00:44:38Source

Senator Paolo Benigno "Bam" Aquino IV

asr-000708

May player, may most valuable player.

00:44:40Source

Senator Paolo Benigno "Bam" Aquino IV

asr-000709

Most valuable GOCC is the land bank.

00:44:42Source

Senator Paolo Benigno "Bam" Aquino IV

asr-000710

Is the land bank most valuable or...

00:44:44Source

Senator Paolo Benigno "Bam" Aquino IV

asr-000711

I guess in terms of assets, probably.

00:44:46Source

GCG Chairperson Atty. Marius P. Corpus

asr-000712

May Hall of Famers din kami, Your Honor.

00:44:48Source

Senator Paolo Benigno "Bam" Aquino IV

asr-000713

Sino-sino po yung Hall of Famers po nila?

00:44:50Source

GCG Chairperson Atty. Marius P. Corpus

asr-000714

Well, of course, land bank, GSIS.

00:44:54Source

Senator Paolo Benigno "Bam" Aquino IV

asr-000715

GSIS.

00:44:55Source

GCG Chairperson Atty. Marius P. Corpus

asr-000716

GSIS.

00:44:56Source

GCG Chairperson Atty. Marius P. Corpus

asr-000717

DBP.

00:44:58Source

Senator Paolo Benigno "Bam" Aquino IV

asr-000718

DBP.

00:44:58Source

GCG Chairperson Atty. Marius P. Corpus

asr-000719

DBP po.

00:44:59Source

Senator Paolo Benigno "Bam" Aquino IV

asr-000720

I have a...

00:45:01Source

Senator Paolo Benigno "Bam" Aquino IV

asr-000721

hindi naman ito

00:45:01Source

Senator Paolo Benigno "Bam" Aquino IV

asr-000722

naughty question

00:45:02Source

Senator Paolo Benigno "Bam" Aquino IV

asr-000723

pero

00:45:03Source

Senator Paolo Benigno "Bam" Aquino IV

asr-000724

hindi ho nyo ba

00:45:04Source

Senator Paolo Benigno "Bam" Aquino IV

asr-000725

mahihingi yung mga

00:45:06Source

Senator Paolo Benigno "Bam" Aquino IV

asr-000726

sasakyan dito

00:45:07Source

Senator Paolo Benigno "Bam" Aquino IV

asr-000727

so bawal ba yun?

00:45:08Source

Senator Paolo Benigno "Bam" Aquino IV

asr-000728

Iba namimigay naman

00:45:10Source

Senator Paolo Benigno "Bam" Aquino IV

asr-000729

ng PCSO

00:45:10Source

Senator Paolo Benigno "Bam" Aquino IV

asr-000730

ng mga sasakyan?

00:45:11Source

Senator Paolo Benigno "Bam" Aquino IV

asr-000731

Hindi po ba?

00:45:12Source

Senator Paolo Benigno "Bam" Aquino IV

asr-000732

Hindi pwede?

00:45:13Source

Senator Paolo Benigno "Bam" Aquino IV

asr-000733

Bawal?

00:45:13Source

Senator Paolo Benigno "Bam" Aquino IV

asr-000734

Bawal?

00:45:14Source

Senator Paolo Benigno "Bam" Aquino IV

asr-000735

Baka may conflict

00:45:15Source

Senator Paolo Benigno "Bam" Aquino IV

asr-000736

baka makuha kami

00:45:16Source

Senator Paolo Benigno "Bam" Aquino IV

asr-000737

ah okay

00:45:17Source

Senator Paolo Benigno "Bam" Aquino IV

asr-000738

dito yung po

00:45:18Source

Senator Paolo Benigno "Bam" Aquino IV

asr-000739

because they

00:45:18Source

Senator Paolo Benigno "Bam" Aquino IV

asr-000740

really give away

00:45:20Source

Senator Paolo Benigno "Bam" Aquino IV

asr-000741

vehicles

00:45:20Source

Senator Paolo Benigno "Bam" Aquino IV

asr-000742

humihingi kasi sila

00:45:21Source

Senator Paolo Benigno "Bam" Aquino IV

asr-000743

ng 4 vehicles

00:45:22Source

Senator Paolo Benigno "Bam" Aquino IV

asr-000744

sa Senator Tulfo

00:45:23Source

Senator Raffy T. Tulfo

asr-000745

actually ambulansya

00:45:24Source

Senator Raffy T. Tulfo

asr-000746

PCSO

00:45:25Source

Senator Raffy T. Tulfo

asr-000747

okay lang okay

00:45:26Source

Senator Raffy T. Tulfo

asr-000748

naka ambulansya

00:45:26Source

Senator Raffy T. Tulfo

asr-000749

just kidding

00:45:28Source

Senator Raffy T. Tulfo

asr-000750

so siguro po

00:45:29Source

Senator Raffy T. Tulfo

asr-000751

just to

00:45:30Source

Senator Raffy T. Tulfo

asr-000752

you have questions

00:45:30Source

Senator Joseph Victor "JV" G. Ejercito

asr-000753

just a few questions

00:45:32Source

Senator Joseph Victor "JV" G. Ejercito

asr-000754

Mr. Chair

00:45:33Source

Senator Joseph Victor "JV" G. Ejercito

asr-000755

we noticed

00:45:35Source

Senator Joseph Victor "JV" G. Ejercito

asr-000756

being the chair

00:45:36Source

Senator Joseph Victor "JV" G. Ejercito

asr-000757

of the finance

00:45:36Source

Senator Joseph Victor "JV" G. Ejercito

asr-000758

of course I

00:45:37Source

Senator Joseph Victor "JV" G. Ejercito

asr-000759

noticed a decrease

00:45:38Source

Senator Joseph Victor "JV" G. Ejercito

asr-000760

in the

00:45:39Source

Senator Joseph Victor "JV" G. Ejercito

asr-000761

personal services

00:45:41Source

Senator Joseph Victor "JV" G. Ejercito

asr-000762

and

00:45:41Source

Senator Joseph Victor "JV" G. Ejercito

asr-000763

of GCG

00:45:43Source

Senator Joseph Victor "JV" G. Ejercito

asr-000764

your budget

00:45:45Source

Senator Joseph Victor "JV" G. Ejercito

asr-000765

decreased

00:45:46Source

Senator Joseph Victor "JV" G. Ejercito

asr-000766

by 3.9%

00:45:47Source

Senator Joseph Victor "JV" G. Ejercito

asr-000767

down to

00:45:48Source

Senator Joseph Victor "JV" G. Ejercito

asr-000768

181.1 million

00:45:51Source

Senator Joseph Victor "JV" G. Ejercito

asr-000769

primarily because

00:45:53Source

Senator Joseph Victor "JV" G. Ejercito

asr-000770

filled positions

00:45:54Source

Senator Joseph Victor "JV" G. Ejercito

asr-000771

dropped from

00:45:54Source

Senator Joseph Victor "JV" G. Ejercito

asr-000772

181

00:45:55Source

Senator Joseph Victor "JV" G. Ejercito

asr-000773

to 171

00:45:57Source

Senator Joseph Victor "JV" G. Ejercito

asr-000774

in 2027

00:45:58Source

Senator Joseph Victor "JV" G. Ejercito

asr-000775

may naabolish

00:45:59Source

Senator Joseph Victor "JV" G. Ejercito

asr-000776

ba ang DBM dito

00:46:00Source

Senator Joseph Victor "JV" G. Ejercito

asr-000777

na 10 positions

00:46:01Source

Senator Joseph Victor "JV" G. Ejercito

asr-000778

or

00:46:01Source

Senator Joseph Victor "JV" G. Ejercito

asr-000779

what happened to the employees

00:46:04Source

Senator Joseph Victor "JV" G. Ejercito

asr-000780

ba't kayo nag-decrease

00:46:06Source

Senator Joseph Victor "JV" G. Ejercito

asr-000781

ng personal services

00:46:07Source

Senator Joseph Victor "JV" G. Ejercito

asr-000782

chairperson

00:46:08Source

GCG Chairperson Atty. Marius P. Corpus

asr-000783

actually the

00:46:09Source

GCG Chairperson Atty. Marius P. Corpus

asr-000784

the DBM approved

00:46:10Source

GCG Chairperson Atty. Marius P. Corpus

asr-000785

additional positions

00:46:12Source

GCG Chairperson Atty. Marius P. Corpus

asr-000786

for the GCG

00:46:13Source

Senator Joseph Victor "JV" G. Ejercito

asr-000787

that's why

00:46:13Source

Senator Joseph Victor "JV" G. Ejercito

asr-000788

I ask you

00:46:14Source

Senator Joseph Victor "JV" G. Ejercito

asr-000789

usually they add

00:46:15Source

Senator Joseph Victor "JV" G. Ejercito

asr-000790

most add

00:46:16Source

Senator Joseph Victor "JV" G. Ejercito

asr-000791

pero sa inyo

00:46:17Source

Senator Joseph Victor "JV" G. Ejercito

asr-000792

nag-decrease

00:46:18Source

Senator Joseph Victor "JV" G. Ejercito

asr-000793

yung personal services

00:46:19Source

GCG Chairperson Atty. Marius P. Corpus

asr-000794

actually po

00:46:19Source

GCG Chairperson Atty. Marius P. Corpus

asr-000795

nag-increase

00:46:22Source

GCG Chairperson Atty. Marius P. Corpus

asr-000796

yung personal

00:46:23Source

GCG Chairperson Atty. Marius P. Corpus

asr-000797

number of personnel

00:46:28Source

GCG Chairperson Atty. Marius P. Corpus

asr-000798

namin

00:46:28Source

GCG Chairperson Atty. Marius P. Corpus

asr-000799

because when we

00:46:29Source

GCG Chairperson Atty. Marius P. Corpus

asr-000800

assume office

00:46:30Source

GCG Chairperson Atty. Marius P. Corpus

asr-000801

in 2023

00:46:31Source

GCG Chairperson Atty. Marius P. Corpus

asr-000802

there were about

00:46:32Source

GCG Chairperson Atty. Marius P. Corpus

asr-000803

a hundred

00:46:32Source

GCG Chairperson Atty. Marius P. Corpus

asr-000804

105

00:46:34Source

GCG Chairperson Atty. Marius P. Corpus

asr-000805

plantilla

00:46:36Source

GCG Chairperson Atty. Marius P. Corpus

asr-000806

personal

00:46:37Source

GCG Chairperson Atty. Marius P. Corpus

asr-000807

but now we are

00:46:38Source

GCG Chairperson Atty. Marius P. Corpus

asr-000808

up to

00:46:39Source

GCG Chairperson Atty. Marius P. Corpus

asr-000809

200

00:46:40Source

Senator Joseph Victor "JV" G. Ejercito

asr-000810

200 already

00:46:41Source

Senator Joseph Victor "JV" G. Ejercito

asr-000811

mali yung itong

00:46:42Source

Senator Joseph Victor "JV" G. Ejercito

asr-000812

ano ko

00:46:42Source

Senator Joseph Victor "JV" G. Ejercito

asr-000813

data

00:46:44Source

Senator Joseph Victor "JV" G. Ejercito

asr-000814

anyway just

00:46:45Source

Senator Joseph Victor "JV" G. Ejercito

asr-000815

Mr. Chair

00:46:46Source

Senator Joseph Victor "JV" G. Ejercito

asr-000816

isa pa yung

00:46:46Source

Senator Joseph Victor "JV" G. Ejercito

asr-000817

ICRS, Integrated

00:46:47Source

Senator Joseph Victor "JV" G. Ejercito

asr-000818

Corporate

00:46:48Source

Senator Joseph Victor "JV" G. Ejercito

asr-000819

Reporting System

00:46:50Source

Senator Joseph Victor "JV" G. Ejercito

asr-000820

earlier no

00:46:50Source

Senator Joseph Victor "JV" G. Ejercito

asr-000821

yung ito yung

00:46:51Source

Senator Joseph Victor "JV" G. Ejercito

asr-000822

the GCG

00:46:53Source

Senator Joseph Victor "JV" G. Ejercito

asr-000823

is requesting

00:46:54Source

Senator Joseph Victor "JV" G. Ejercito

asr-000824

43 million

00:46:55Source

Senator Joseph Victor "JV" G. Ejercito

asr-000825

under the

00:46:56Source

Senator Joseph Victor "JV" G. Ejercito

asr-000826

general

00:46:58Source

Senator Joseph Victor "JV" G. Ejercito

asr-000827

to enhance

00:46:58Source

Senator Joseph Victor "JV" G. Ejercito

asr-000828

the

00:46:59Source

Senator Joseph Victor "JV" G. Ejercito

asr-000829

ICRS

00:46:59Source

Senator Joseph Victor "JV" G. Ejercito

asr-000830

alongside

00:47:01Source

Senator Joseph Victor "JV" G. Ejercito

asr-000831

36.073

00:47:03Source

Senator Joseph Victor "JV" G. Ejercito

asr-000832

million in

00:47:04Source

Senator Joseph Victor "JV" G. Ejercito

asr-000833

capital outlays

00:47:04Source

Senator Joseph Victor "JV" G. Ejercito

asr-000834

specifically

00:47:05Source

Senator Joseph Victor "JV" G. Ejercito

asr-000835

to procure

00:47:07Source

Senator Joseph Victor "JV" G. Ejercito

asr-000836

ICT equipment

00:47:08Source

Senator Joseph Victor "JV" G. Ejercito

asr-000837

for the system

00:47:08Source

Senator Joseph Victor "JV" G. Ejercito

asr-000838

so that is

00:47:10Source

Senator Joseph Victor "JV" G. Ejercito

asr-000839

nearly 80 million

00:47:10Source

Senator Joseph Victor "JV" G. Ejercito

asr-000840

dedicated to

00:47:11Source

Senator Joseph Victor "JV" G. Ejercito

asr-000841

single monitoring

00:47:12Source

Senator Joseph Victor "JV" G. Ejercito

asr-000842

system

00:47:13Source

Senator Joseph Victor "JV" G. Ejercito

asr-000843

just wanted to

00:47:15Source

Senator Joseph Victor "JV" G. Ejercito

asr-000844

ask

00:47:15Source

Senator Joseph Victor "JV" G. Ejercito

asr-000845

sa laki ng

00:47:15Source

Senator Joseph Victor "JV" G. Ejercito

asr-000846

investment natin

00:47:16Source

Senator Joseph Victor "JV" G. Ejercito

asr-000847

for

00:47:16Source

Senator Joseph Victor "JV" G. Ejercito

asr-000848

for ICRS

00:47:18Source

Senator Joseph Victor "JV" G. Ejercito

asr-000849

can you tell us

00:47:19Source

Senator Joseph Victor "JV" G. Ejercito

asr-000850

how

00:47:20Source

Senator Joseph Victor "JV" G. Ejercito

asr-000851

this will

00:47:22Source

Senator Joseph Victor "JV" G. Ejercito

asr-000852

actually work

00:47:22Source

Senator Joseph Victor "JV" G. Ejercito

asr-000853

do we have

00:47:23Source

Senator Joseph Victor "JV" G. Ejercito

asr-000854

an early

00:47:24Source

Senator Joseph Victor "JV" G. Ejercito

asr-000855

warning capability

00:47:24Source

Senator Joseph Victor "JV" G. Ejercito

asr-000856

kung madedetect

00:47:25Source

Senator Joseph Victor "JV" G. Ejercito

asr-000857

natin yung mga

00:47:26Source

Senator Joseph Victor "JV" G. Ejercito

asr-000858

GOCCs in real time

00:47:27Source

Senator Joseph Victor "JV" G. Ejercito

asr-000859

yung

00:47:28Source

Senator Joseph Victor "JV" G. Ejercito

asr-000860

those who are

00:47:29Source

Senator Joseph Victor "JV" G. Ejercito

asr-000861

performing

00:47:29Source

Senator Joseph Victor "JV" G. Ejercito

asr-000862

and underperforming

00:47:30Source

GCG Chairperson Atty. Marius P. Corpus

asr-000863

yes

00:47:31Source

GCG Chairperson Atty. Marius P. Corpus

asr-000864

your honor

00:47:32Source

GCG Chairperson Atty. Marius P. Corpus

asr-000865

there are

00:47:32Source

GCG Chairperson Atty. Marius P. Corpus

asr-000866

actually

00:47:33Source

GCG Chairperson Atty. Marius P. Corpus

asr-000867

GOCCs

00:47:34Source

GCG Chairperson Atty. Marius P. Corpus

asr-000868

that are

00:47:35Source

GCG Chairperson Atty. Marius P. Corpus

asr-000869

outside of

00:47:35Source

GCG Chairperson Atty. Marius P. Corpus

asr-000870

the coverage

00:47:36Source

GCG Chairperson Atty. Marius P. Corpus

asr-000871

of the

00:47:37Source

GCG Chairperson Atty. Marius P. Corpus

asr-000872

GCG

00:47:38Source

GCG Chairperson Atty. Marius P. Corpus

asr-000873

but directly

00:47:39Source

GCG Chairperson Atty. Marius P. Corpus

asr-000874

supervised

00:47:39Source

GCG Chairperson Atty. Marius P. Corpus

asr-000875

by the

00:47:40Source

GCG Chairperson Atty. Marius P. Corpus

asr-000876

DOF

00:47:40Source

GCG Chairperson Atty. Marius P. Corpus

asr-000877

or the

00:47:41Source

GCG Chairperson Atty. Marius P. Corpus

asr-000878

DBM

00:47:42Source

GCG Chairperson Atty. Marius P. Corpus

asr-000879

now

00:47:43Source

GCG Chairperson Atty. Marius P. Corpus

asr-000880

the ICRS

00:47:44Source

GCG Chairperson Atty. Marius P. Corpus

asr-000881

is an

00:47:45Source

GCG Chairperson Atty. Marius P. Corpus

asr-000882

internally

00:47:46Source

GCG Chairperson Atty. Marius P. Corpus

asr-000883

developed

00:47:46Source

GCG Chairperson Atty. Marius P. Corpus

asr-000884

portal

00:47:48Source

GCG Chairperson Atty. Marius P. Corpus

asr-000885

for the

00:47:49Source

GCG Chairperson Atty. Marius P. Corpus

asr-000886

public

00:47:49Source

GCG Chairperson Atty. Marius P. Corpus

asr-000887

to access

00:47:50Source

GCG Chairperson Atty. Marius P. Corpus

asr-000888

the

00:47:50Source

GCG Chairperson Atty. Marius P. Corpus

asr-000889

financial

00:47:53Source

GCG Chairperson Atty. Marius P. Corpus

asr-000890

and non-financial

00:47:54Source

GCG Chairperson Atty. Marius P. Corpus

asr-000891

data of

00:47:54Source

GCG Chairperson Atty. Marius P. Corpus

asr-000892

GOCCs

00:47:55Source

GCG Chairperson Atty. Marius P. Corpus

asr-000893

as you can

00:47:56Source

GCG Chairperson Atty. Marius P. Corpus

asr-000894

see

00:47:56Source

GCG Chairperson Atty. Marius P. Corpus

asr-000895

it's in

00:47:57Source

GCG Chairperson Atty. Marius P. Corpus

asr-000896

our website

00:47:58Source

GCG Chairperson Atty. Marius P. Corpus

asr-000897

there are

00:47:59Source

GCG Chairperson Atty. Marius P. Corpus

asr-000898

technical

00:47:59Source

GCG Chairperson Atty. Marius P. Corpus

asr-000899

assistance

00:48:00Source

GCG Chairperson Atty. Marius P. Corpus

asr-000900

provided by

00:48:01Source

GCG Chairperson Atty. Marius P. Corpus

asr-000901

the Asian

00:48:02Source

GCG Chairperson Atty. Marius P. Corpus

asr-000902

Development Bank

00:48:02Source

GCG Chairperson Atty. Marius P. Corpus

asr-000903

to develop

00:48:04Source

GCG Chairperson Atty. Marius P. Corpus

asr-000904

a common

00:48:04Source

GCG Chairperson Atty. Marius P. Corpus

asr-000905

reporting system

00:48:05Source

GCG Chairperson Atty. Marius P. Corpus

asr-000906

which will

00:48:06Source

GCG Chairperson Atty. Marius P. Corpus

asr-000907

integrate

00:48:07Source

GCG Chairperson Atty. Marius P. Corpus

asr-000908

the data

00:48:08Source

GCG Chairperson Atty. Marius P. Corpus

asr-000909

from the

00:48:09Source

GCG Chairperson Atty. Marius P. Corpus

asr-000910

DOF

00:48:09Source

GCG Chairperson Atty. Marius P. Corpus

asr-000911

the GCG

00:48:10Source

GCG Chairperson Atty. Marius P. Corpus

asr-000912

and the

00:48:11Source

GCG Chairperson Atty. Marius P. Corpus

asr-000913

DBM

00:48:11Source

GCG Chairperson Atty. Marius P. Corpus

asr-000914

the ADB

00:48:14Source

GCG Chairperson Atty. Marius P. Corpus

asr-000915

was the one

00:48:15Source

GCG Chairperson Atty. Marius P. Corpus

asr-000916

who

00:48:15Source

GCG Chairperson Atty. Marius P. Corpus

asr-000917

procured

00:48:17Source

GCG Chairperson Atty. Marius P. Corpus

asr-000918

the consultant

00:48:17Source

GCG Chairperson Atty. Marius P. Corpus

asr-000919

to develop

00:48:18Source

GCG Chairperson Atty. Marius P. Corpus

asr-000920

the system

00:48:19Source

GCG Chairperson Atty. Marius P. Corpus

asr-000921

but for

00:48:20Source

GCG Chairperson Atty. Marius P. Corpus

asr-000922

the hardware

00:48:21Source

GCG Chairperson Atty. Marius P. Corpus

asr-000923

the ADB

00:48:23Source

GCG Chairperson Atty. Marius P. Corpus

asr-000924

will leave

00:48:24Source

GCG Chairperson Atty. Marius P. Corpus

asr-000925

it to us

00:48:25Source

GCG Chairperson Atty. Marius P. Corpus

asr-000926

to the

00:48:25Source

GCG Chairperson Atty. Marius P. Corpus

asr-000927

GCG

00:48:26Source

GCG Chairperson Atty. Marius P. Corpus

asr-000928

to procure

00:48:28Source

GCG Chairperson Atty. Marius P. Corpus

asr-000929

the necessary

00:48:28Source

GCG Chairperson Atty. Marius P. Corpus

asr-000930

IT

00:48:29Source

GCG Chairperson Atty. Marius P. Corpus

asr-000931

infrastructure

00:48:30Source

GCG Chairperson Atty. Marius P. Corpus

asr-000932

and that is

00:48:31Source

GCG Chairperson Atty. Marius P. Corpus

asr-000933

why we are

00:48:32Source

GCG Chairperson Atty. Marius P. Corpus

asr-000934

requesting

00:48:33Source

GCG Chairperson Atty. Marius P. Corpus

asr-000935

for this

00:48:33Source

GCG Chairperson Atty. Marius P. Corpus

asr-000936

additional

00:48:34Source

GCG Chairperson Atty. Marius P. Corpus

asr-000937

budget

00:48:34Source

GCG Chairperson Atty. Marius P. Corpus

asr-000938

because

00:48:34Source

GCG Chairperson Atty. Marius P. Corpus

asr-000939

the

00:48:35Source

GCG Chairperson Atty. Marius P. Corpus

asr-000940

rollout

00:48:37Source

GCG Chairperson Atty. Marius P. Corpus

asr-000941

of this

00:48:37Source

GCG Chairperson Atty. Marius P. Corpus

asr-000942

enhanced

00:48:39Source

GCG Chairperson Atty. Marius P. Corpus

asr-000943

ICRS

00:48:40Source

GCG Chairperson Atty. Marius P. Corpus

asr-000944

or the

00:48:40Source

GCG Chairperson Atty. Marius P. Corpus

asr-000945

common

00:48:40Source

GCG Chairperson Atty. Marius P. Corpus

asr-000946

reporting

00:48:41Source

GCG Chairperson Atty. Marius P. Corpus

asr-000947

system

00:48:42Source

GCG Chairperson Atty. Marius P. Corpus

asr-000948

will be

00:48:42Source

GCG Chairperson Atty. Marius P. Corpus

asr-000949

in early

00:48:44Source

GCG Chairperson Atty. Marius P. Corpus

asr-000950

2027

00:48:45Source

GCG Chairperson Atty. Marius P. Corpus

asr-000951

kasi

00:48:45Source

GCG Chairperson Atty. Marius P. Corpus

asr-000952

nandiyan

00:48:46Source

GCG Chairperson Atty. Marius P. Corpus

asr-000953

na po yung consultant

00:48:47Source

GCG Chairperson Atty. Marius P. Corpus

asr-000954

ng

00:48:47Source

GCG Chairperson Atty. Marius P. Corpus

asr-000955

ADB

00:48:48Source

GCG Chairperson Atty. Marius P. Corpus

asr-000956

is

00:48:48Source

GCG Chairperson Atty. Marius P. Corpus

asr-000957

developing

00:48:49Source

GCG Chairperson Atty. Marius P. Corpus

asr-000958

the

00:48:49Source

GCG Chairperson Atty. Marius P. Corpus

asr-000959

program

00:48:52Source

GCG Chairperson Atty. Marius P. Corpus

asr-000960

all we

00:48:53Source

GCG Chairperson Atty. Marius P. Corpus

asr-000961

have to

00:48:53Source

GCG Chairperson Atty. Marius P. Corpus

asr-000962

do is

00:48:54Source

GCG Chairperson Atty. Marius P. Corpus

asr-000963

to implement

00:48:54Source

GCG Chairperson Atty. Marius P. Corpus

asr-000964

through our

00:48:55Source

GCG Chairperson Atty. Marius P. Corpus

asr-000965

enhanced

00:48:56Source

GCG Chairperson Atty. Marius P. Corpus

asr-000966

integrated

00:48:57Source

GCG Chairperson Atty. Marius P. Corpus

asr-000967

corporate

00:48:58Source

GCG Chairperson Atty. Marius P. Corpus

asr-000968

reporting

00:48:58Source

GCG Chairperson Atty. Marius P. Corpus

asr-000969

system

00:48:59Source

Senator Joseph Victor "JV" G. Ejercito

asr-000970

Okay, thank you, Mr. Chair.

00:49:01Source

Senator Joseph Victor "JV" G. Ejercito

asr-000971

thank you

00:49:02Source

Senator Paolo Benigno "Bam" Aquino IV

asr-000972

thank you

00:49:03Source

Senator Paolo Benigno "Bam" Aquino IV

asr-000973

attorney corpus

00:49:04Source

Senator Paolo Benigno "Bam" Aquino IV

asr-000974

maraming salamat

00:49:05Source

Senator Paolo Benigno "Bam" Aquino IV

asr-000975

we will see you

00:49:07Source

Senator Paolo Benigno "Bam" Aquino IV

asr-000976

at the plenary

00:49:08Source

Senator Paolo Benigno "Bam" Aquino IV

asr-000977

maraming salamat

00:49:09Source

Senator Paolo Benigno "Bam" Aquino IV

asr-000978

sa GCG

00:49:10Source

Senator Paolo Benigno "Bam" Aquino IV

asr-000979

family

00:49:10Source

GCG Chairperson Atty. Marius P. Corpus

asr-000980

thank you very much

00:49:11Source

Senator Paolo Benigno "Bam" Aquino IV

asr-000981

may I suggest

00:49:12Source

Senator Paolo Benigno "Bam" Aquino IV

asr-000982

that you just stay

00:49:13Source

Senator Paolo Benigno "Bam" Aquino IV

asr-000983

while DTI presents

00:49:15Source

Senator Paolo Benigno "Bam" Aquino IV

asr-000984

kasi some other

00:49:16Source

Senator Paolo Benigno "Bam" Aquino IV

asr-000985

centers might still

00:49:17Source

Senator Paolo Benigno "Bam" Aquino IV

asr-000986

arrive but

00:49:17Source

Senator Paolo Benigno "Bam" Aquino IV

asr-000987

as far as I'm

00:49:18Source

Senator Paolo Benigno "Bam" Aquino IV

asr-000988

concerned

00:49:19Source

Senator Paolo Benigno "Bam" Aquino IV

asr-000989

your budget

00:49:21Source

Senator Paolo Benigno "Bam" Aquino IV

asr-000990

is to the

00:49:22Source

Senator Paolo Benigno "Bam" Aquino IV

asr-000991

plenary already

00:49:22Source

Senator Paolo Benigno "Bam" Aquino IV

asr-000992

maraming salamat

00:49:23Source

GCG Chairperson Atty. Marius P. Corpus

asr-000993

thank you very much

00:49:24Source

Senator Paolo Benigno "Bam" Aquino IV

asr-000994

okay so just

00:49:25Source

Senator Paolo Benigno "Bam" Aquino IV

asr-000995

sit tight

00:49:26Source

Senator Paolo Benigno "Bam" Aquino IV

asr-000996

dito sa side

00:49:26Source

Senator Paolo Benigno "Bam" Aquino IV

asr-000997

na to

00:49:26Source

Senator Paolo Benigno "Bam" Aquino IV

asr-000998

just sit tight

00:49:27Source

Senator Paolo Benigno "Bam" Aquino IV

asr-000999

lang

00:49:27Source

Senator Paolo Benigno "Bam" Aquino IV

asr-001000

sige

00:49:28Source

Senator Paolo Benigno "Bam" Aquino IV

asr-001001

Secretary Roque

00:49:30Source

Senator Paolo Benigno "Bam" Aquino IV

asr-001002

before your

00:49:32Source

Senator Paolo Benigno "Bam" Aquino IV

asr-001003

presentation

00:49:32Source

Senator Paolo Benigno "Bam" Aquino IV

asr-001004

si Senator Tulfo

00:49:34Source

Senator Paolo Benigno "Bam" Aquino IV

asr-001005

just has a few

00:49:34Source

Senator Paolo Benigno "Bam" Aquino IV

asr-001006

questions

00:49:35Source

Senator Paolo Benigno "Bam" Aquino IV

asr-001007

because he has

00:49:36Source

Senator Paolo Benigno "Bam" Aquino IV

asr-001008

to go back

00:49:36Source

Senator Paolo Benigno "Bam" Aquino IV

asr-001009

to session

00:49:37Source

Senator Paolo Benigno "Bam" Aquino IV

asr-001010

so we'll allow

00:49:38Source

Senator Paolo Benigno "Bam" Aquino IV

asr-001011

him to ask

00:49:39Source

Senator Paolo Benigno "Bam" Aquino IV

asr-001012

a few questions

00:49:40Source

Senator Raffy T. Tulfo

asr-001013

thank you

00:49:40Source

Senator Raffy T. Tulfo

asr-001014

actually a couple

00:49:41Source

Senator Raffy T. Tulfo

asr-001015

of questions

00:49:42Source

Senator Raffy T. Tulfo

asr-001016

lang kung baka

00:49:43Source

Senator Raffy T. Tulfo

asr-001017

one nga nga lang

00:49:44Source

Senator Raffy T. Tulfo

asr-001018

madam secretary

00:49:46Source

Senator Raffy T. Tulfo

asr-001019

gusto kong

00:49:47Source

Senator Raffy T. Tulfo

asr-001020

pag-usapan natin

00:49:48Source

Senator Raffy T. Tulfo

asr-001021

itong

00:49:49Source

Senator Raffy T. Tulfo

asr-001022

trust mark

00:49:50Source

Senator Raffy T. Tulfo

asr-001023

na iniimpose

00:49:53Source

Senator Raffy T. Tulfo

asr-001024

sa lahat

00:49:54Source

Senator Raffy T. Tulfo

asr-001025

ng mga

00:49:54Source

Senator Raffy T. Tulfo

asr-001026

online transactions

00:49:55Source

Senator Raffy T. Tulfo

asr-001027

and as we

00:49:56Source

Senator Raffy T. Tulfo

asr-001028

all know

00:49:57Source

Senator Raffy T. Tulfo

asr-001029

itong mga

00:49:57Source

Senator Raffy T. Tulfo

asr-001030

online transactions

00:49:58Source

Senator Raffy T. Tulfo

asr-001031

these are

00:49:59Source

Senator Raffy T. Tulfo

asr-001032

being conducted

00:49:59Source

Senator Raffy T. Tulfo

asr-001033

by

00:50:00Source

Senator Raffy T. Tulfo

asr-001034

SMS

00:50:01Source

Senator Raffy T. Tulfo

asr-001035

SMEs

00:50:03Source

Senator Raffy T. Tulfo

asr-001036

ng mga

00:50:04Source

Senator Raffy T. Tulfo

asr-001037

businesses

00:50:04Source

Senator Raffy T. Tulfo

asr-001038

which accounts

00:50:06Source

Senator Raffy T. Tulfo

asr-001039

to 90

00:50:06Source

Senator Raffy T. Tulfo

asr-001040

plus percent

00:50:08Source

Senator Raffy T. Tulfo

asr-001041

ng mga

00:50:08Source

Senator Raffy T. Tulfo

asr-001042

negosyo

00:50:09Source

Senator Raffy T. Tulfo

asr-001043

sa buong

00:50:09Source

Senator Raffy T. Tulfo

asr-001044

Pilipinas

00:50:10Source

Senator Raffy T. Tulfo

asr-001045

now

00:50:11Source

Senator Raffy T. Tulfo

asr-001046

sinasabi dito

00:50:12Source

Senator Raffy T. Tulfo

asr-001047

voluntary

00:50:13Source

Senator Raffy T. Tulfo

asr-001048

until the

00:50:14Source

Senator Raffy T. Tulfo

asr-001049

end of

00:50:15Source

Senator Raffy T. Tulfo

asr-001050

2026

00:50:16Source

Senator Raffy T. Tulfo

asr-001051

so after

00:50:17Source

Senator Raffy T. Tulfo

asr-001052

2026

00:50:18Source

Senator Raffy T. Tulfo

asr-001053

what's gonna

00:50:18Source

Senator Raffy T. Tulfo

asr-001054

happen

00:50:19Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001055

good afternoon

00:50:21Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001056

Senator

00:50:22Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001057

and

00:50:22Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001058

Mr.

00:50:24Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001059

Chair

00:50:24Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001060

after 20

00:50:25Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001061

before

00:50:25Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001062

mag-ending

00:50:27Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001063

2026

00:50:27Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001064

we will

00:50:28Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001065

assess again

00:50:29Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001066

if we need

00:50:30Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001067

to make it

00:50:31Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001068

voluntary

00:50:31Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001069

because for now

00:50:33Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001070

we give it out

00:50:33Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001071

for free

00:50:34Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001072

ang ano natin

00:50:35Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001073

is to really

00:50:36Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001074

encourage them

00:50:37Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001075

sana to

00:50:38Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001076

avail of the

00:50:38Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001077

trust mark

00:50:39Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001078

so if I'm a

00:50:40Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001079

buyer or

00:50:40Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001080

consumer

00:50:41Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001081

pag nakita ko

00:50:42Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001082

yung item

00:50:43Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001083

may trust mark

00:50:44Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001084

or seal ng

00:50:44Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001085

DTI

00:50:45Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001086

kahit pa pano

00:50:46Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001087

dumaan ito

00:50:46Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001088

sa pag-check

00:50:47Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001089

po ng

00:50:47Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001090

DTI

00:50:48Source

Senator Raffy T. Tulfo

asr-001091

first of all

00:50:50Source

Senator Raffy T. Tulfo

asr-001092

medyo mataas

00:50:51Source

Senator Raffy T. Tulfo

asr-001093

nga po itong

00:50:51Source

Senator Raffy T. Tulfo

asr-001094

singilin ito

00:50:52Source

Senator Raffy T. Tulfo

asr-001095

1,130

00:50:53Source

Senator Raffy T. Tulfo

asr-001096

medyo mabigat

00:50:55Source

Senator Raffy T. Tulfo

asr-001097

ito

00:50:55Source

Senator Raffy T. Tulfo

asr-001098

lalo sa

00:50:56Source

Senator Raffy T. Tulfo

asr-001099

sabi ko

00:50:56Source

Senator Raffy T. Tulfo

asr-001100

dun sa mga

00:50:57Source

Senator Raffy T. Tulfo

asr-001101

maliliit

00:50:58Source

Senator Raffy T. Tulfo

asr-001102

na negosyo

00:50:59Source

Senator Raffy T. Tulfo

asr-001103

sa internet

00:51:00Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001104

ah

00:51:01Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001105

hindi po

00:51:03Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001106

for the micro

00:51:03Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001107

libre po ito

00:51:05Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001108

so the trust mark

00:51:06Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001109

is free po

00:51:07Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001110

all they need to do

00:51:08Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001111

is to have their

00:51:08Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001112

products checked

00:51:09Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001113

by the DTI

00:51:10Source

Senator Raffy T. Tulfo

asr-001114

ito 1,130

00:51:11Source

Senator Raffy T. Tulfo

asr-001115

para

00:51:12Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001116

hindi po

00:51:12Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001117

for the medium

00:51:13Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001118

enterprises po

00:51:14Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001119

yun

00:51:14Source

Senator Raffy T. Tulfo

asr-001120

okay

00:51:15Source

Senator Raffy T. Tulfo

asr-001121

for the medium

00:51:16Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001122

enterprises

00:51:16Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001123

for the medium

00:51:17Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001124

enterprise

00:51:18Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001125

that means

00:51:19Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001126

that yung asset

00:51:19Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001127

size po

00:51:20Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001128

for them to be

00:51:21Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001129

considered po

00:51:21Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001130

as medium

00:51:22Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001131

enterprise

00:51:22Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001132

they must have

00:51:23Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001133

an asset size

00:51:24Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001134

of 30 million

00:51:25Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001135

plus 200 million

00:51:27Source

Senator Raffy T. Tulfo

asr-001136

ah

00:51:27Source

Senator Raffy T. Tulfo

asr-001137

30 million

00:51:28Source

Senator Raffy T. Tulfo

asr-001138

200 million

00:51:29Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001139

yes

00:51:30Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001140

yun po yung asset size

00:51:31Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001141

for them to be

00:51:32Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001142

considered a medium

00:51:33Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001143

enterprise

00:51:33Source

Senator Raffy T. Tulfo

asr-001144

so dun sa less

00:51:35Source

Senator Raffy T. Tulfo

asr-001145

than 30 million

00:51:36Source

Senator Raffy T. Tulfo

asr-001146

ang assets

00:51:37Source

Senator Raffy T. Tulfo

asr-001147

libre

00:51:38Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001148

libre po ito

00:51:39Source

Senator Raffy T. Tulfo

asr-001149

very good

00:51:39Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001150

yung trust mark

00:51:40Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001151

so we encourage

00:51:42Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001152

them po

00:51:42Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001153

to get the trust mark

00:51:44Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001154

para ako po yung

00:51:45Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001155

customer

00:51:46Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001156

let's say

00:51:47Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001157

papasko ngayon

00:51:48Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001158

we want to buy

00:51:49Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001159

the Christmas lights

00:51:50Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001160

so pag meron po

00:51:51Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001161

silang trust mark

00:51:52Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001162

dun sa

00:51:53Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001163

binibenta nilang

00:51:54Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001164

product

00:51:55Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001165

then at least

00:51:56Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001166

kampante po

00:51:58Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001167

yung consumer

00:51:58Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001168

that when they buy

00:51:59Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001169

nakadaan na po ito

00:52:00Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001170

sa pagsusuri

00:52:02Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001171

ng DTI

00:52:02Source

Senator Raffy T. Tulfo

asr-001172

I understand

00:52:03Source

Senator Raffy T. Tulfo

asr-001173

pero just the same

00:52:04Source

Senator Raffy T. Tulfo

asr-001174

di ba mas maganda

00:52:06Source

Senator Raffy T. Tulfo

asr-001175

kung gawin na natin

00:52:06Source

Senator Raffy T. Tulfo

asr-001176

voluntary

00:52:07Source

Senator Raffy T. Tulfo

asr-001177

all throughout

00:52:08Source

Senator Raffy T. Tulfo

asr-001178

it's up to

00:52:09Source

Senator Raffy T. Tulfo

asr-001179

the company

00:52:10Source

Senator Raffy T. Tulfo

asr-001180

kung

00:52:11Source

Senator Raffy T. Tulfo

asr-001181

tatangkilik sila

00:52:12Source

Senator Raffy T. Tulfo

asr-001182

ng trust mark

00:52:13Source

Senator Raffy T. Tulfo

asr-001183

ah

00:52:13Source

Senator Raffy T. Tulfo

asr-001184

ah

00:52:14Source

Senator Raffy T. Tulfo

asr-001185

rating

00:52:15Source

Senator Raffy T. Tulfo

asr-001186

na sinasabi ninyo

00:52:17Source

Senator Raffy T. Tulfo

asr-001187

na

00:52:18Source

Senator Raffy T. Tulfo

asr-001188

pabor naman sa kanila yun

00:52:19Source

Senator Raffy T. Tulfo

asr-001189

para sa kanila

00:52:20Source

Senator Raffy T. Tulfo

asr-001190

mga customer

00:52:20Source

Senator Raffy T. Tulfo

asr-001191

makikita na meron silang

00:52:22Source

Senator Raffy T. Tulfo

asr-001192

badge na ganoon

00:52:23Source

Senator Raffy T. Tulfo

asr-001193

so tatangkilikin sila

00:52:24Source

Senator Raffy T. Tulfo

asr-001194

kung ayaw nila

00:52:25Source

Senator Raffy T. Tulfo

asr-001195

ah

00:52:26Source

Senator Raffy T. Tulfo

asr-001196

ah

00:52:26Source

Senator Raffy T. Tulfo

asr-001197

ah

00:52:26Source

Senator Raffy T. Tulfo

asr-001198

ah

00:52:26Source

Senator Raffy T. Tulfo

asr-001199

, magbayad ng

00:52:27Source

Senator Raffy T. Tulfo

asr-001200

1,130

00:52:28Source

Senator Raffy T. Tulfo

asr-001201

nasa kanila na yun

00:52:29Source

Senator Raffy T. Tulfo

asr-001202

kung nakita

00:52:31Source

Senator Raffy T. Tulfo

asr-001203

ng mga customer nila

00:52:32Source

Senator Raffy T. Tulfo

asr-001204

na wala ka palang

00:52:33Source

Senator Raffy T. Tulfo

asr-001205

trust mark

00:52:34Source

Senator Raffy T. Tulfo

asr-001206

galing sa DTI

00:52:35Source

Senator Raffy T. Tulfo

asr-001207

hindi kita tatangkilikin

00:52:36Source

Senator Raffy T. Tulfo

asr-001208

would it be better

00:52:38Source

Senator Raffy T. Tulfo

asr-001209

kung wala na lang

00:52:38Source

Senator Raffy T. Tulfo

asr-001210

muna itong trust mark

00:52:39Source

Senator Raffy T. Tulfo

asr-001211

at sa kasama po

00:52:40Source

Senator Raffy T. Tulfo

asr-001212

punta itong

00:52:41Source

Senator Raffy T. Tulfo

asr-001213

1,130

00:52:42Source

Senator Raffy T. Tulfo

asr-001214

na ibabayad

00:52:43Source

Senator Raffy T. Tulfo

asr-001215

sa DTI

00:52:44Source

Senator Raffy T. Tulfo

asr-001216

where will it go?

00:52:45Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001217

okay

00:52:45Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001218

um

00:52:46Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001219

Asec Marcos

00:52:47Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001220

can you

00:52:48Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001221

where the

00:52:49Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001222

ah

00:52:50Source

DTI Assistant Secretary Atty. M. Marcus N. Valdez II

asr-001223

thank you

00:52:51Source

DTI Assistant Secretary Atty. M. Marcus N. Valdez II

asr-001224

Mr. Chair

00:52:51Source

DTI Assistant Secretary Atty. M. Marcus N. Valdez II

asr-001225

the

00:52:51Source

DTI Assistant Secretary Atty. M. Marcus N. Valdez II

asr-001226

um

00:52:52Source

DTI Assistant Secretary Atty. M. Marcus N. Valdez II

asr-001227

payment goes to the

00:52:54Source

DTI Assistant Secretary Atty. M. Marcus N. Valdez II

asr-001228

treasury

00:52:54Source

DTI Assistant Secretary Atty. M. Marcus N. Valdez II

asr-001229

Mr. Chair

00:52:55Source

DTI Assistant Secretary Atty. M. Marcus N. Valdez II

asr-001230

sa treasury

00:52:56Source

DTI Assistant Secretary Atty. M. Marcus N. Valdez II

asr-001231

treasury

00:52:56Source

DTI Assistant Secretary Atty. M. Marcus N. Valdez II

asr-001232

yung

00:53:02Source

DTI Assistant Secretary Atty. M. Marcus N. Valdez II

asr-001233

payment po

00:53:03Source

DTI Assistant Secretary Atty. M. Marcus N. Valdez II

asr-001234

for the

00:53:03Source

DTI Assistant Secretary Atty. M. Marcus N. Valdez II

asr-001235

trust mark

00:53:04Source

DTI Assistant Secretary Atty. M. Marcus N. Valdez II

asr-001236

they go to the

00:53:04Source

DTI Assistant Secretary Atty. M. Marcus N. Valdez II

asr-001237

treasury

00:53:05Source

DTI Assistant Secretary Atty. M. Marcus N. Valdez II

asr-001238

bureau of

00:53:05Source

DTI Assistant Secretary Atty. M. Marcus N. Valdez II

asr-001239

treasury

00:53:06Source

DTI Assistant Secretary Atty. M. Marcus N. Valdez II

asr-001240

so

00:53:06Source

Senator Raffy T. Tulfo

asr-001241

magkano po

00:53:07Source

Senator Raffy T. Tulfo

asr-001242

yung

00:53:07Source

Senator Raffy T. Tulfo

asr-001243

inyo pong

00:53:08Source

Senator Raffy T. Tulfo

asr-001244

ah

00:53:09Source

Senator Raffy T. Tulfo

asr-001245

na

00:53:10Source

Senator Raffy T. Tulfo

asr-001246

anticipate

00:53:11Source

Senator Raffy T. Tulfo

asr-001247

na makukulekta nyo

00:53:12Source

Senator Raffy T. Tulfo

asr-001248

from the

00:53:14Source

Senator Raffy T. Tulfo

asr-001249

trust mark

00:53:15Source

Senator Raffy T. Tulfo

asr-001250

that would be

00:53:16Source

Senator Raffy T. Tulfo

asr-001251

imposed by

00:53:18Source

Senator Raffy T. Tulfo

asr-001252

the DTI

00:53:18Source

Senator Raffy T. Tulfo

asr-001253

by

00:53:19Source

Senator Raffy T. Tulfo

asr-001254

your

00:53:20Source

Senator Raffy T. Tulfo

asr-001255

the department

00:53:21Source

Senator Raffy T. Tulfo

asr-001256

after

00:53:22Source

Senator Raffy T. Tulfo

asr-001257

2026

00:53:23Source

Senator Raffy T. Tulfo

asr-001258

after na makagawa

00:53:24Source

Senator Raffy T. Tulfo

asr-001259

kayo ng assessment

00:53:25Source

Senator Raffy T. Tulfo

asr-001260

na sinabi nyo

00:53:25Source

Senator Raffy T. Tulfo

asr-001261

sige gagawin natin

00:53:26Source

Senator Raffy T. Tulfo

asr-001262

itong mandatory

00:53:27Source

Senator Raffy T. Tulfo

asr-001263

ah

00:53:28Source

DTI Assistant Secretary Atty. M. Marcus N. Valdez II

asr-001264

thank you Mr. Chair

00:53:29Source

DTI Assistant Secretary Atty. M. Marcus N. Valdez II

asr-001265

um

00:53:29Source

DTI Assistant Secretary Atty. M. Marcus N. Valdez II

asr-001266

ah

00:53:30Source

DTI Assistant Secretary Atty. M. Marcus N. Valdez II

asr-001267

Mr. Senator

00:53:30Source

DTI Assistant Secretary Atty. M. Marcus N. Valdez II

asr-001268

ang

00:53:31Source

DTI Assistant Secretary Atty. M. Marcus N. Valdez II

asr-001269

what we're doing po

00:53:33Source

DTI Assistant Secretary Atty. M. Marcus N. Valdez II

asr-001270

right now is um

00:53:34Source

DTI Assistant Secretary Atty. M. Marcus N. Valdez II

asr-001271

we are

00:53:36Source

DTI Assistant Secretary Atty. M. Marcus N. Valdez II

asr-001272

um

00:53:36Source

DTI Assistant Secretary Atty. M. Marcus N. Valdez II

asr-001273

discussing with

00:53:38Source

DTI Assistant Secretary Atty. M. Marcus N. Valdez II

asr-001274

um

00:53:38Source

DTI Assistant Secretary Atty. M. Marcus N. Valdez II

asr-001275

the industry

00:53:39Source

DTI Assistant Secretary Atty. M. Marcus N. Valdez II

asr-001276

um

00:53:41Source

DTI Assistant Secretary Atty. M. Marcus N. Valdez II

asr-001277

to build

00:53:43Source

DTI Assistant Secretary Atty. M. Marcus N. Valdez II

asr-001278

po yung

00:53:43Source

DTI Assistant Secretary Atty. M. Marcus N. Valdez II

asr-001279

e-commerce

00:53:44Source

DTI Assistant Secretary Atty. M. Marcus N. Valdez II

asr-001280

promotion council

00:53:45Source

DTI Assistant Secretary Atty. M. Marcus N. Valdez II

asr-001281

and um

00:53:46Source

DTI Assistant Secretary Atty. M. Marcus N. Valdez II

asr-001282

eventually hand over

00:53:48Source

DTI Assistant Secretary Atty. M. Marcus N. Valdez II

asr-001283

the

00:53:49Source

DTI Assistant Secretary Atty. M. Marcus N. Valdez II

asr-001284

ah

00:53:49Source

DTI Assistant Secretary Atty. M. Marcus N. Valdez II

asr-001285

running of the

00:53:50Source

DTI Assistant Secretary Atty. M. Marcus N. Valdez II

asr-001286

trust mark

00:53:51Source

DTI Assistant Secretary Atty. M. Marcus N. Valdez II

asr-001287

to the

00:53:51Source

DTI Assistant Secretary Atty. M. Marcus N. Valdez II

asr-001288

e-commerce

00:53:52Source

DTI Assistant Secretary Atty. M. Marcus N. Valdez II

asr-001289

promotion council

00:53:53Source

DTI Assistant Secretary Atty. M. Marcus N. Valdez II

asr-001290

ah

00:53:54Source

DTI Assistant Secretary Atty. M. Marcus N. Valdez II

asr-001291

yung e-commerce

00:53:54Source

DTI Assistant Secretary Atty. M. Marcus N. Valdez II

asr-001292

promotion council po

00:53:55Source

DTI Assistant Secretary Atty. M. Marcus N. Valdez II

asr-001293

would be

00:53:56Source

DTI Assistant Secretary Atty. M. Marcus N. Valdez II

asr-001294

ah

00:53:57Source

DTI Assistant Secretary Atty. M. Marcus N. Valdez II

asr-001295

membership po

00:53:59Source

DTI Assistant Secretary Atty. M. Marcus N. Valdez II

asr-001296

yan of course

00:53:59Source

DTI Assistant Secretary Atty. M. Marcus N. Valdez II

asr-001297

would be

00:54:00Source

DTI Assistant Secretary Atty. M. Marcus N. Valdez II

asr-001298

the government

00:54:01Source

DTI Assistant Secretary Atty. M. Marcus N. Valdez II

asr-001299

agencies

00:54:02Source

DTI Assistant Secretary Atty. M. Marcus N. Valdez II

asr-001300

and also

00:54:02Source

DTI Assistant Secretary Atty. M. Marcus N. Valdez II

asr-001301

yung private sector

00:54:04Source

DTI Assistant Secretary Atty. M. Marcus N. Valdez II

asr-001302

so andun po yung mga

00:54:05Source

DTI Assistant Secretary Atty. M. Marcus N. Valdez II

asr-001303

ah

00:54:06Source

DTI Assistant Secretary Atty. M. Marcus N. Valdez II

asr-001304

platforms

00:54:06Source

DTI Assistant Secretary Atty. M. Marcus N. Valdez II

asr-001305

ah

00:54:08Source

DTI Assistant Secretary Atty. M. Marcus N. Valdez II

asr-001306

merchants

00:54:09Source

DTI Assistant Secretary Atty. M. Marcus N. Valdez II

asr-001307

ah

00:54:10Source

DTI Assistant Secretary Atty. M. Marcus N. Valdez II

asr-001308

internet service

00:54:11Source

DTI Assistant Secretary Atty. M. Marcus N. Valdez II

asr-001309

providers

00:54:11Source

DTI Assistant Secretary Atty. M. Marcus N. Valdez II

asr-001310

yun po

00:54:13Source

Senator Raffy T. Tulfo

asr-001311

Mr. Chair

00:54:14Source

Senator Raffy T. Tulfo

asr-001312

para sa akin

00:54:15Source

Senator Raffy T. Tulfo

asr-001313

nung malaman ko na

00:54:16Source

Senator Raffy T. Tulfo

asr-001314

30 million pala

00:54:17Source

Senator Raffy T. Tulfo

asr-001315

ang capital

00:54:18Source

Senator Raffy T. Tulfo

asr-001316

pataas yun yung

00:54:19Source

Senator Raffy T. Tulfo

asr-001317

kaya magbayad ng

00:54:20Source

Senator Raffy T. Tulfo

asr-001318

medium enterprises

00:54:21Source

Senator Raffy T. Tulfo

asr-001319

na magbayad ng

00:54:22Source

Senator Raffy T. Tulfo

asr-001320

trust mark

00:54:23Source

Senator Raffy T. Tulfo

asr-001321

kaya nila yun

00:54:24Source

Senator Raffy T. Tulfo

asr-001322

kasi kung mga

00:54:25Source

Senator Raffy T. Tulfo

asr-001323

ang kapital lang

00:54:26Source

Senator Raffy T. Tulfo

asr-001324

yun

00:54:26Source

Senator Raffy T. Tulfo

asr-001325

yung mga

00:54:26Source

Senator Raffy T. Tulfo

asr-001326

100,000

00:54:27Source

Senator Raffy T. Tulfo

asr-001327

200,000

00:54:28Source

Senator Raffy T. Tulfo

asr-001328

medyo mabigat

00:54:28Source

Senator Raffy T. Tulfo

asr-001329

sa kanila yun

00:54:29Source

Senator Raffy T. Tulfo

asr-001330

so hindi kasama

00:54:30Source

Senator Raffy T. Tulfo

asr-001331

gusto kong klaruhin yun

00:54:31Source

Senator Raffy T. Tulfo

asr-001332

on the record please

00:54:34Source

Senator Raffy T. Tulfo

asr-001333

on the record please

00:54:35Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001334

yung small enterprise po

00:54:38Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001335

is um

00:54:39Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001336

free

00:54:39Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001337

30 million

00:54:40Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001338

that's a smaller

00:54:42Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001339

enterprise

00:54:42Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001340

below 30 million

00:54:43Source

Senator Raffy T. Tulfo

asr-001341

libre

00:54:44Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001342

is ano

00:54:45Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001343

is um

00:54:46Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001344

small enterprise

00:54:47Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001345

yun na micro po

00:54:48Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001346

yung up to

00:54:49Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001347

3 million yung

00:54:50Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001348

asset size nila

00:54:51Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001349

libre po ito

00:54:52Source

Senator Raffy T. Tulfo

asr-001350

up to 3 million

00:54:53Source

Senator Raffy T. Tulfo

asr-001351

sabi nyo kanina

00:54:55Source

Senator Raffy T. Tulfo

asr-001352

30 million

00:54:56Source

Senator Raffy T. Tulfo

asr-001353

can we clarify

00:54:57Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001354

there's a micro

00:54:58Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001355

senator

00:54:59Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001356

and then there's a small

00:55:01Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001357

and then there's also

00:55:01Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001358

the medium enterprise

00:55:02Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001359

so for the micro

00:55:04Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001360

I'll just get the exact

00:55:05Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001361

um

00:55:06Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001362

so meron pa rin

00:55:07Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001363

doon sa micro

00:55:08Source

Senator Raffy T. Tulfo

asr-001364

dapat libre

00:55:08Source

Senator Raffy T. Tulfo

asr-001365

or voluntary

00:55:09Source

Senator Raffy T. Tulfo

asr-001366

sabi mo may 3 million assets

00:55:12Source

Senator Raffy T. Tulfo

asr-001367

yung

00:55:12Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001368

so ano po

00:55:14Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001369

yung micro

00:55:14Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001370

libre

00:55:15Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001371

yung

00:55:16Source

Senator Paolo Benigno "Bam" Aquino IV

asr-001372

yung small

00:55:18Source

Senator Paolo Benigno "Bam" Aquino IV

asr-001373

which is 3 million

00:55:19Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001374

to 30 million

00:55:19Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001375

yung assets

00:55:20Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001376

meron po silang

00:55:21Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001377

application fee

00:55:22Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001378

tapos meron lang

00:55:23Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001379

130 pesos

00:55:24Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001380

that they pay

00:55:25Source

Senator Raffy T. Tulfo

asr-001381

how much is the

00:55:25Source

Senator Raffy T. Tulfo

asr-001382

application fee?

00:55:26Source

Senator Raffy T. Tulfo

asr-001383

can we

00:55:29Source

Senator Raffy T. Tulfo

asr-001384

again

00:55:32Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001385

doon po tayo

00:55:33Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001386

sa asset size

00:55:34Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001387

for the micro

00:55:35Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001388

is up to 3 million

00:55:36Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001389

yung asset size

00:55:37Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001390

for them to be

00:55:38Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001391

considered a micro

00:55:39Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001392

enterprise

00:55:40Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001393

and then they're free

00:55:41Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001394

doon sa

00:55:42Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001395

free sila sa Trustmark

00:55:43Source

Senator Paolo Benigno "Bam" Aquino IV

asr-001396

free sila sa Trustmark

00:55:44Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001397

again again

00:55:45Source

Senator Paolo Benigno "Bam" Aquino IV

asr-001398

are they free sa Trustmark?

00:55:46Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001399

free

00:55:46Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001400

they are free

00:55:47Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001401

okay

00:55:47Source

Senator Paolo Benigno "Bam" Aquino IV

asr-001402

next

00:55:48Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001403

and then for the

00:55:49Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001404

small enterprises

00:55:50Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001405

3 million

00:55:51Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001406

up to 15 million po

00:55:53Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001407

yung asset size nila

00:55:55Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001408

so sila

00:55:56Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001409

may binabayaran

00:55:57Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001410

may

00:55:57Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001411

there's a small

00:55:59Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001412

yet the exact

00:56:01Source

Senator Raffy T. Tulfo

asr-001413

how much?

00:56:01Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001414

I forgot

00:56:02Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001415

630 pesos

00:56:07Source

Senator Raffy T. Tulfo

asr-001416

yan yung sinasabi ko

00:56:08Source

Senator Raffy T. Tulfo

asr-001417

dapat voluntary na lang

00:56:09Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001418

voluntary po

00:56:10Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001419

up to

00:56:11Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001420

the 2026

00:56:12Source

Senator Raffy T. Tulfo

asr-001421

even after 2026

00:56:13Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001422

make it still voluntary

00:56:15Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001423

kasi

00:56:16Source

Senator Raffy T. Tulfo

asr-001424

nasa kanila na yun

00:56:18Source

Senator Raffy T. Tulfo

asr-001425

kung gusto ba nila

00:56:19Source

Senator Raffy T. Tulfo

asr-001426

na magkaroon ng Trustmark

00:56:20Source

Senator Raffy T. Tulfo

asr-001427

bilang badge

00:56:21Source

Senator Raffy T. Tulfo

asr-001428

para maipagmamalak nila

00:56:23Source

Senator Raffy T. Tulfo

asr-001429

sa mga customer nila

00:56:24Source

Senator Raffy T. Tulfo

asr-001430

o ayaw nila

00:56:25Source

Senator Raffy T. Tulfo

asr-001431

gusto nila magtipid

00:56:26Source

Senator Raffy T. Tulfo

asr-001432

hindi sila magbayad

00:56:27Source

Senator Raffy T. Tulfo

asr-001433

ng 600

00:56:28Source

Senator Raffy T. Tulfo

asr-001434

then

00:56:28Source

Senator Raffy T. Tulfo

asr-001435

pwede yung mga customer nilang

00:56:31Source

Senator Raffy T. Tulfo

asr-001436

dating customer nila

00:56:32Source

Senator Raffy T. Tulfo

asr-001437

hindi na babalik sa kanila

00:56:33Source

Senator Raffy T. Tulfo

asr-001438

or

00:56:33Source

Senator Raffy T. Tulfo

asr-001439

hindi nila sila magkakaroon

00:56:35Source

Senator Raffy T. Tulfo

asr-001440

ng bagong customer

00:56:35Source

Senator Raffy T. Tulfo

asr-001441

kasi wala silang badge

00:56:36Source

Senator Raffy T. Tulfo

asr-001442

from DTI

00:56:37Source

Senator Raffy T. Tulfo

asr-001443

so just make it voluntary nila

00:56:39Source

Senator Raffy T. Tulfo

asr-001444

kasi mayroong mga iba

00:56:40Source

Senator Raffy T. Tulfo

asr-001445

nagtitipid

00:56:41Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001446

ayaw talaga

00:56:42Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001447

so huwag natin puwede

00:56:43Source

Senator Raffy T. Tulfo

asr-001448

sahit

00:56:44Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001449

okay

00:56:45Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001450

yes okay

00:56:46Source

Senator Raffy T. Tulfo

asr-001451

thank you

00:56:46Source

Senator Raffy T. Tulfo

asr-001452

now last na lamang po

00:56:47Source

Senator Raffy T. Tulfo

asr-001453

Mr. Chair

00:56:48Source

Senator Raffy T. Tulfo

asr-001454

doon sa no return

00:56:49Source

Senator Raffy T. Tulfo

asr-001455

no exchange

00:56:50Source

Senator Raffy T. Tulfo

asr-001456

meron pa rin ako

00:56:51Source

Senator Raffy T. Tulfo

asr-001457

natatanggap na reklamo

00:56:52Source

Senator Raffy T. Tulfo

asr-001458

may mga tindahan pa rin

00:56:53Source

Senator Raffy T. Tulfo

asr-001459

na matapos

00:56:54Source

Senator Raffy T. Tulfo

asr-001460

matapos bilihin

00:56:55Source

Senator Raffy T. Tulfo

asr-001461

at may problema

00:56:56Source

Senator Raffy T. Tulfo

asr-001462

doon sa produkto

00:56:57Source

Senator Raffy T. Tulfo

asr-001463

special electronics

00:56:58Source

Senator Raffy T. Tulfo

asr-001464

eh

00:56:59Source

Senator Raffy T. Tulfo

asr-001465

pinasisikot-sikot sila

00:57:00Source

Senator Raffy T. Tulfo

asr-001466

maraming mga binibigay

00:57:01Source

Senator Raffy T. Tulfo

asr-001467

ng mga dahilan

00:57:02Source

Senator Raffy T. Tulfo

asr-001468

para hindi lang

00:57:03Source

Senator Raffy T. Tulfo

asr-001469

maibalik yung

00:57:04Source

Senator Raffy T. Tulfo

asr-001470

ah

00:57:05Source

Senator Raffy T. Tulfo

asr-001471

gamit na sira

00:57:06Source

Senator Raffy T. Tulfo

asr-001472

or

00:57:08Source

Senator Raffy T. Tulfo

asr-001473

sasabihin sa kanila

00:57:08Source

Senator Raffy T. Tulfo

asr-001474

eh sige

00:57:09Source

Senator Raffy T. Tulfo

asr-001475

bibiyan kita ng bago

00:57:11Source

Senator Raffy T. Tulfo

asr-001476

ah

00:57:13Source

Senator Raffy T. Tulfo

asr-001477

pero meron kang dadagdag

00:57:14Source

Senator Raffy T. Tulfo

asr-001478

kasi wala nang stock

00:57:16Source

Senator Raffy T. Tulfo

asr-001479

itong binili mo

00:57:17Source

Senator Raffy T. Tulfo

asr-001480

stock A

00:57:17Source

Senator Raffy T. Tulfo

asr-001481

kunyari yung

00:57:18Source

Senator Raffy T. Tulfo

asr-001482

product A

00:57:19Source

Senator Raffy T. Tulfo

asr-001483

eh wala nang available yan

00:57:21Source

Senator Raffy T. Tulfo

asr-001484

sige

00:57:22Source

Senator Raffy T. Tulfo

asr-001485

papalitan namin itong product

00:57:23Source

Senator Raffy T. Tulfo

asr-001486

may dagdag ka na

00:57:24Source

Senator Raffy T. Tulfo

asr-001487

ng product

00:57:24Source

Senator Raffy T. Tulfo

asr-001488

ng konti

00:57:24Source

Senator Raffy T. Tulfo

asr-001489

so

00:57:25Source

Senator Raffy T. Tulfo

asr-001490

para na-scam pa ata

00:57:27Source

Senator Raffy T. Tulfo

asr-001491

yung consumer

00:57:28Source

Senator Raffy T. Tulfo

asr-001492

so meron ba kayo

00:57:29Source

Senator Raffy T. Tulfo

asr-001493

monitor na ginagawa

00:57:30Source

Senator Raffy T. Tulfo

asr-001494

doon sa no return

00:57:30Source

Senator Raffy T. Tulfo

asr-001495

no exchange policy

00:57:31Source

Senator Raffy T. Tulfo

asr-001496

na hanggang ngayon

00:57:32Source

Senator Raffy T. Tulfo

asr-001497

in-implement pa rin

00:57:33Source

Senator Raffy T. Tulfo

asr-001498

ng ilang mga tindahan

00:57:34Source

Senator Raffy T. Tulfo

asr-001499

na bawal dapat po yan

00:57:35Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001500

Senator may forward you

00:57:37Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001501

to

00:57:38Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001502

Gino Mallari

00:57:39Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001503

to

00:57:39Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001504

he's the head of this

00:57:41Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001505

department

00:57:41Source

DTI Assistant Secretary Atty. Regino D. Mallari Jr.

asr-001506

good afternoon

00:57:44Source

DTI Assistant Secretary Atty. Regino D. Mallari Jr.

asr-001507

ah

00:57:44Source

DTI Assistant Secretary Atty. Regino D. Mallari Jr.

asr-001508

Mr. Chair

00:57:45Source

DTI Assistant Secretary Atty. Regino D. Mallari Jr.

asr-001509

your honor

00:57:45Source

DTI Assistant Secretary Atty. Regino D. Mallari Jr.

asr-001510

ah

00:57:46Source

DTI Assistant Secretary Atty. Regino D. Mallari Jr.

asr-001511

yes

00:57:47Source

DTI Assistant Secretary Atty. Regino D. Mallari Jr.

asr-001512

meron po kaming

00:57:47Source

DTI Assistant Secretary Atty. Regino D. Mallari Jr.

asr-001513

consumer care

00:57:48Source

DTI Assistant Secretary Atty. Regino D. Mallari Jr.

asr-001514

ah

00:57:49Source

DTI Assistant Secretary Atty. Regino D. Mallari Jr.

asr-001515

unit

00:57:50Source

DTI Assistant Secretary Atty. Regino D. Mallari Jr.

asr-001516

na nag-handle po

00:57:51Source

DTI Assistant Secretary Atty. Regino D. Mallari Jr.

asr-001517

ng consumer complaints

00:57:52Source

DTI Assistant Secretary Atty. Regino D. Mallari Jr.

asr-001518

natin

00:57:52Source

DTI Assistant Secretary Atty. Regino D. Mallari Jr.

asr-001519

including po yung

00:57:53Source

DTI Assistant Secretary Atty. Regino D. Mallari Jr.

asr-001520

no return

00:57:54Source

DTI Assistant Secretary Atty. Regino D. Mallari Jr.

asr-001521

no exchange

00:57:54Source

DTI Assistant Secretary Atty. Regino D. Mallari Jr.

asr-001522

ah

00:57:55Source

DTI Assistant Secretary Atty. Regino D. Mallari Jr.

asr-001523

policy

00:57:55Source

DTI Assistant Secretary Atty. Regino D. Mallari Jr.

asr-001524

initially

00:57:56Source

DTI Assistant Secretary Atty. Regino D. Mallari Jr.

asr-001525

we call on the

00:57:58Source

DTI Assistant Secretary Atty. Regino D. Mallari Jr.

asr-001526

respondents po

00:57:59Source

DTI Assistant Secretary Atty. Regino D. Mallari Jr.

asr-001527

yung merchants

00:57:59Source

DTI Assistant Secretary Atty. Regino D. Mallari Jr.

asr-001528

and then we

00:58:01Source

DTI Assistant Secretary Atty. Regino D. Mallari Jr.

asr-001529

we

00:58:01Source

DTI Assistant Secretary Atty. Regino D. Mallari Jr.

asr-001530

attempt a mediation

00:58:03Source

DTI Assistant Secretary Atty. Regino D. Mallari Jr.

asr-001531

pag hindi po

00:58:04Source

DTI Assistant Secretary Atty. Regino D. Mallari Jr.

asr-001532

nagkasundo

00:58:05Source

DTI Assistant Secretary Atty. Regino D. Mallari Jr.

asr-001533

and then yung

00:58:06Source

DTI Assistant Secretary Atty. Regino D. Mallari Jr.

asr-001534

complainant po natin

00:58:07Source

DTI Assistant Secretary Atty. Regino D. Mallari Jr.

asr-001535

eh may basihan

00:58:08Source

DTI Assistant Secretary Atty. Regino D. Mallari Jr.

asr-001536

sa kanyang pagre-reklamo

00:58:09Source

DTI Assistant Secretary Atty. Regino D. Mallari Jr.

asr-001537

eh natutuloy po yun

00:58:11Source

DTI Assistant Secretary Atty. Regino D. Mallari Jr.

asr-001538

sa consumer complaint

00:58:12Source

Senator Raffy T. Tulfo

asr-001539

ano nang nangyari

00:58:14Source

Senator Raffy T. Tulfo

asr-001540

kapag halimbawa

00:58:15Source

Senator Raffy T. Tulfo

asr-001541

nagmatigas yung

00:58:16Source

Senator Raffy T. Tulfo

asr-001542

ah

00:58:17Source

Senator Raffy T. Tulfo

asr-001543

ah

00:58:17Source

Senator Raffy T. Tulfo

asr-001544

nagtitinda

00:58:18Source

Senator Raffy T. Tulfo

asr-001545

at ah

00:58:19Source

Senator Raffy T. Tulfo

asr-001546

ayaw niya talagang

00:58:20Source

Senator Raffy T. Tulfo

asr-001547

papalitan

00:58:21Source

Senator Raffy T. Tulfo

asr-001548

yung produkto

00:58:22Source

Senator Raffy T. Tulfo

asr-001549

unless

00:58:22Source

Senator Raffy T. Tulfo

asr-001550

ayaw niya

00:58:23Source

Senator Raffy T. Tulfo

asr-001551

ipalitan

00:58:24Source

Senator Raffy T. Tulfo

asr-001552

meaning refund

00:58:25Source

Senator Raffy T. Tulfo

asr-001553

para sa akin

00:58:26Source

Senator Raffy T. Tulfo

asr-001554

total refund

00:58:26Source

Senator Raffy T. Tulfo

asr-001555

kasi

00:58:27Source

Senator Raffy T. Tulfo

asr-001556

ah

00:58:28Source

Senator Raffy T. Tulfo

asr-001557

defective yung product

00:58:29Source

Senator Raffy T. Tulfo

asr-001558

the reason why

00:58:30Source

Senator Raffy T. Tulfo

asr-001559

the product is being returned

00:58:31Source

Senator Raffy T. Tulfo

asr-001560

eh

00:58:32Source

Senator Raffy T. Tulfo

asr-001561

pero itong seller

00:58:33Source

Senator Raffy T. Tulfo

asr-001562

eh

00:58:34Source

Senator Raffy T. Tulfo

asr-001563

nagmamatigas

00:58:35Source

Senator Raffy T. Tulfo

asr-001564

ayaw niyang

00:58:35Source

Senator Raffy T. Tulfo

asr-001565

itanggapin

00:58:37Source

Senator Raffy T. Tulfo

asr-001566

yung binabalik

00:58:37Source

Senator Raffy T. Tulfo

asr-001567

ng consumer

00:58:38Source

Senator Raffy T. Tulfo

asr-001568

niya

00:58:38Source

Senator Raffy T. Tulfo

asr-001569

ah

00:58:40Source

Senator Raffy T. Tulfo

asr-001570

ano yung

00:58:41Source

Senator Raffy T. Tulfo

asr-001571

mga hakbang

00:58:42Source

Senator Raffy T. Tulfo

asr-001572

o action

00:58:42Source

Senator Raffy T. Tulfo

asr-001573

ng

00:58:43Source

Senator Raffy T. Tulfo

asr-001574

DTI

00:58:44Source

DTI Assistant Secretary Atty. Regino D. Mallari Jr.

asr-001575

meron po tayong

00:58:45Source

DTI Assistant Secretary Atty. Regino D. Mallari Jr.

asr-001576

ah

00:58:46Source

DTI Assistant Secretary Atty. Regino D. Mallari Jr.

asr-001577

adjudication division

00:58:47Source

DTI Assistant Secretary Atty. Regino D. Mallari Jr.

asr-001578

na pinag-aaralan po

00:58:48Source

DTI Assistant Secretary Atty. Regino D. Mallari Jr.

asr-001579

yung

00:58:49Source

DTI Assistant Secretary Atty. Regino D. Mallari Jr.

asr-001580

basihan ng complaint

00:58:50Source

DTI Assistant Secretary Atty. Regino D. Mallari Jr.

asr-001581

at ano po yung

00:58:51Source

DTI Assistant Secretary Atty. Regino D. Mallari Jr.

asr-001582

pinakaangkop sa

00:58:52Source

DTI Assistant Secretary Atty. Regino D. Mallari Jr.

asr-001583

ah

00:58:53Source

DTI Assistant Secretary Atty. Regino D. Mallari Jr.

asr-001584

reklamo

00:58:54Source

DTI Assistant Secretary Atty. Regino D. Mallari Jr.

asr-001585

ng consumer

00:58:55Source

DTI Assistant Secretary Atty. Regino D. Mallari Jr.

asr-001586

whether to return

00:58:56Source

DTI Assistant Secretary Atty. Regino D. Mallari Jr.

asr-001587

refund or

00:58:57Source

DTI Assistant Secretary Atty. Regino D. Mallari Jr.

asr-001588

ah

00:58:58Source

DTI Assistant Secretary Atty. Regino D. Mallari Jr.

asr-001589

ah

00:58:59Source

DTI Assistant Secretary Atty. Regino D. Mallari Jr.

asr-001590

replace

00:59:00Source

DTI Assistant Secretary Atty. Regino D. Mallari Jr.

asr-001591

the item

00:59:00Source

Senator Raffy T. Tulfo

asr-001592

gaano katagal yung

00:59:02Source

Senator Raffy T. Tulfo

asr-001593

proseso

00:59:03Source

DTI Assistant Secretary Atty. Regino D. Mallari Jr.

asr-001594

ang average po

00:59:05Source

DTI Assistant Secretary Atty. Regino D. Mallari Jr.

asr-001595

natin dyan

00:59:05Source

DTI Assistant Secretary Atty. Regino D. Mallari Jr.

asr-001596

around

00:59:06Source

DTI Assistant Secretary Atty. Regino D. Mallari Jr.

asr-001597

pag napunta po siya

00:59:07Source

DTI Assistant Secretary Atty. Regino D. Mallari Jr.

asr-001598

sa

00:59:07Source

DTI Assistant Secretary Atty. Regino D. Mallari Jr.

asr-001599

usually sa mediation po

00:59:09Source

DTI Assistant Secretary Atty. Regino D. Mallari Jr.

asr-001600

mga isang buwan lang po

00:59:11Source

DTI Assistant Secretary Atty. Regino D. Mallari Jr.

asr-001601

kasi naguusap po

00:59:11Source

DTI Assistant Secretary Atty. Regino D. Mallari Jr.

asr-001602

yung party doon

00:59:12Source

DTI Assistant Secretary Atty. Regino D. Mallari Jr.

asr-001603

at pinag-aayos po natin

00:59:13Source

DTI Assistant Secretary Atty. Regino D. Mallari Jr.

asr-001604

yung kanilang mga reklamo

00:59:15Source

Senator Raffy T. Tulfo

asr-001605

so after one month

00:59:16Source

Senator Raffy T. Tulfo

asr-001606

hindi nang kasundo

00:59:16Source

Senator Raffy T. Tulfo

asr-001607

ano pong sunod na

00:59:18Source

DTI Assistant Secretary Atty. Regino D. Mallari Jr.

asr-001608

ah

00:59:18Source

DTI Assistant Secretary Atty. Regino D. Mallari Jr.

asr-001609

pag hindi po

00:59:19Source

DTI Assistant Secretary Atty. Regino D. Mallari Jr.

asr-001610

nagkasundo

00:59:20Source

DTI Assistant Secretary Atty. Regino D. Mallari Jr.

asr-001611

magkakaroon po

00:59:20Source

DTI Assistant Secretary Atty. Regino D. Mallari Jr.

asr-001612

ng certificate

00:59:21Source

DTI Assistant Secretary Atty. Regino D. Mallari Jr.

asr-001613

to file action

00:59:22Source

DTI Assistant Secretary Atty. Regino D. Mallari Jr.

asr-001614

yung consumer po

00:59:23Source

Senator Raffy T. Tulfo

asr-001615

so

00:59:25Source

Senator Raffy T. Tulfo

asr-001616

sasabihin nyo sa consumer

00:59:26Source

Senator Raffy T. Tulfo

asr-001617

bahala ka na

00:59:27Source

Senator Raffy T. Tulfo

asr-001618

punta ka na sa korte

00:59:28Source

Senator Raffy T. Tulfo

asr-001619

hugas kami kami

00:59:29Source

DTI Assistant Secretary Atty. Regino D. Mallari Jr.

asr-001620

yun pong

00:59:30Source

DTI Assistant Secretary Atty. Regino D. Mallari Jr.

asr-001621

adjudication is also

00:59:31Source

DTI Assistant Secretary Atty. Regino D. Mallari Jr.

asr-001622

within the

00:59:32Source

DTI Assistant Secretary Atty. Regino D. Mallari Jr.

asr-001623

DTI po

00:59:32Source

DTI Assistant Secretary Atty. Regino D. Mallari Jr.

asr-001624

administrative

00:59:33Source

DTI Assistant Secretary Atty. Regino D. Mallari Jr.

asr-001625

adjudication

00:59:35Source

DTI Assistant Secretary Atty. Regino D. Mallari Jr.

asr-001626

division po

00:59:37Source

Senator Raffy T. Tulfo

asr-001627

wait wait wait

00:59:37Source

Senator Raffy T. Tulfo

asr-001628

so sabi nyo

00:59:38Source

Senator Raffy T. Tulfo

asr-001629

kung hindi nang kasundo

00:59:39Source

Senator Raffy T. Tulfo

asr-001630

within that

00:59:40Source

Senator Raffy T. Tulfo

asr-001631

certain period of time

00:59:41Source

Senator Raffy T. Tulfo

asr-001632

na pinag-aayos nyo sila

00:59:42Source

Senator Raffy T. Tulfo

asr-001633

ah

00:59:42Source

Senator Raffy T. Tulfo

asr-001634

bibigyan yung certificate

00:59:43Source

Senator Raffy T. Tulfo

asr-001635

to file action

00:59:44Source

Senator Raffy T. Tulfo

asr-001636

parang sa barangay

00:59:45Source

Senator Raffy T. Tulfo

asr-001637

pumunta ka na sa korte

00:59:46Source

Senator Raffy T. Tulfo

asr-001638

ah

00:59:47Source

Senator Raffy T. Tulfo

asr-001639

sa inyo pa rin

00:59:48Source

DTI Assistant Secretary Atty. Regino D. Mallari Jr.

asr-001640

sa amin po

00:59:49Source

Senator Raffy T. Tulfo

asr-001641

okay

00:59:49Source

Senator Raffy T. Tulfo

asr-001642

so

00:59:50Source

Senator Raffy T. Tulfo

asr-001643

pagdating po sa

00:59:53Source

Senator Raffy T. Tulfo

asr-001644

ah

00:59:53Source

Senator Raffy T. Tulfo

asr-001645

ah

00:59:53Source

Senator Raffy T. Tulfo

asr-001646

ah

00:59:53Source

Senator Raffy T. Tulfo

asr-001647

ah

00:59:53Source

Senator Raffy T. Tulfo

asr-001648

certificate

00:59:54Source

Senator Raffy T. Tulfo

asr-001649

to file action

00:59:55Source

Senator Raffy T. Tulfo

asr-001650

at ah

00:59:56Source

Senator Raffy T. Tulfo

asr-001651

pina-file po sa

00:59:57Source

Senator Raffy T. Tulfo

asr-001652

sa inyo pa rin

00:59:57Source

Senator Raffy T. Tulfo

asr-001653

department

00:59:58Source

Senator Raffy T. Tulfo

asr-001654

anong tawag

00:59:58Source

Senator Raffy T. Tulfo

asr-001655

ng department

00:59:58Source

Senator Raffy T. Tulfo

asr-001656

na po yan

00:59:59Source

DTI Assistant Secretary Atty. Regino D. Mallari Jr.

asr-001657

Adjudication Division.

01:00:00Source

Senator Raffy T. Tulfo

asr-001689

O, sa adjudication, how long would it take again?

01:00:03Source

DTI Assistant Secretary Atty. Regino D. Mallari Jr.

asr-001690

Average po natin around 6 months.

01:00:07Source

Senator Raffy T. Tulfo

asr-001691

30 days plus another 6 months.

01:00:09Source

Senator Raffy T. Tulfo

asr-001692

7 months.

01:00:11Source

Senator Raffy T. Tulfo

asr-001693

Wow!

01:00:14Source

Senator Raffy T. Tulfo

asr-001694

That's crazy.

01:00:15Source

DTI Assistant Secretary Atty. Regino D. Mallari Jr.

asr-001695

Or less naman po.

01:00:17Source

DTI Assistant Secretary Atty. Regino D. Mallari Jr.

asr-001696

Sinasabi ko lang po.

01:00:18Source

Senator Raffy T. Tulfo

asr-001697

Sorry, sorry.

01:00:20Source

Senator Raffy T. Tulfo

asr-001698

Init ulo ko.

01:00:21Source

Senator Raffy T. Tulfo

asr-001699

Kasi alam mo bakit, Mr. Chair?

01:00:22Source

Senator Raffy T. Tulfo

asr-001700

Maraming beses na ako nakakatanggap ng reklamo sa programa ko.

01:00:25Source

Senator Raffy T. Tulfo

asr-001701

Yung mga sirang cellphone,

01:00:27Source

Senator Raffy T. Tulfo

asr-001702

sirang sasakyan,

01:00:30Source

Senator Raffy T. Tulfo

asr-001703

sirang motor,

01:00:32Source

Senator Raffy T. Tulfo

asr-001704

sirang electronic,

01:00:33Source

Senator Raffy T. Tulfo

asr-001705

computer.

01:00:35Source

Senator Raffy T. Tulfo

asr-001706

And then pupunta dito sa DTI,

01:00:37Source

Senator Raffy T. Tulfo

asr-001707

inaabot ng taon.

01:00:38Source

Senator Raffy T. Tulfo

asr-001708

Hanggang sa magsawa na lang yung consumer,

01:00:41Source

Senator Raffy T. Tulfo

asr-001709

umatras na dahil tamad.

01:00:44Source

Senator Raffy T. Tulfo

asr-001710

Dito sa in-place na sistema nila,

01:00:48Source

Senator Raffy T. Tulfo

asr-001711

napakabagal.

01:00:50Source

Senator Raffy T. Tulfo

asr-001712

30 days muna to file the complaint.

01:00:54Source

Senator Raffy T. Tulfo

asr-001713

And then,

01:00:55Source

Senator Raffy T. Tulfo

asr-001714

pag hindi na kasundo,

01:00:56Source

Senator Raffy T. Tulfo

asr-001715

another 6 months to 7 months.

01:00:59Source

Senator Raffy T. Tulfo

asr-001716

So what happened?

01:01:00Source

Senator Raffy T. Tulfo

asr-001717

After 6 months?

01:01:06Source

DTI Assistant Secretary Atty. Regino D. Mallari Jr.

asr-001718

Magkakaroon po ng fine or penalty po yung respondent natin.

01:01:10Source

Senator Raffy T. Tulfo

asr-001719

Penalty?

01:01:11Source

Senator Raffy T. Tulfo

asr-001720

Like?

01:01:13Source

DTI Assistant Secretary Atty. Regino D. Mallari Jr.

asr-001721

Administrative penalty po.

01:01:15Source

Senator Raffy T. Tulfo

asr-001722

Pwede ba iksik siya nyo naman?

01:01:18Source

Senator Raffy T. Tulfo

asr-001723

Grabe naman yung 6 months.

01:01:20Source

Senator Raffy T. Tulfo

asr-001724

Asek.

01:01:22Source

Senator Raffy T. Tulfo

asr-001725

Parang yung 6 months na yun,

01:01:23Source

Senator Raffy T. Tulfo

asr-001726

parang pang tamad na sistema.

01:01:27Source

Senator Raffy T. Tulfo

asr-001727

Siguro nung ginawa yung sistema ninyo,

01:01:29Source

Senator Raffy T. Tulfo

asr-001728

e tinatamad yung ano nyo,

01:01:31Source

Senator Raffy T. Tulfo

asr-001729

yung nag-craft nung polisiyan yung yan.

01:01:36Source

Senator Raffy T. Tulfo

asr-001730

That's too long.

01:01:38Source

Senator Raffy T. Tulfo

asr-001731

Especially if we're talking about

01:01:39Source

Senator Raffy T. Tulfo

asr-001732

malilitang na bagay.

01:01:41Source

Senator Raffy T. Tulfo

asr-001733

Cell phone,

01:01:43Source

Senator Raffy T. Tulfo

asr-001734

di ba?

01:01:43Source

Senator Raffy T. Tulfo

asr-001735

O computer.

01:01:47Source

Senator Paolo Benigno "Bam" Aquino IV

asr-001736

Asek,

01:01:48Source

Senator Paolo Benigno "Bam" Aquino IV

asr-001737

in practice,

01:01:51Source

Senator Paolo Benigno "Bam" Aquino IV

asr-001738

in practice,

01:01:52Source

Senator Paolo Benigno "Bam" Aquino IV

asr-001739

how many of these complaints,

01:01:54Source

Senator Paolo Benigno "Bam" Aquino IV

asr-001740

kasi maraming levels yan, di ba?

01:01:57Source

Senator Paolo Benigno "Bam" Aquino IV

asr-001741

Yung agad-agad na didispose.

01:01:58Source

Senator Paolo Benigno "Bam" Aquino IV

asr-001742

Na didispose.

01:01:59Source

Senator Paolo Benigno "Bam" Aquino IV

asr-001743

Anong porsyente yun kaagad?

01:02:03Source

DTI Assistant Secretary Atty. Regino D. Mallari Jr.

asr-001744

Ito po, ano.

01:02:05Source

DTI Assistant Secretary Atty. Regino D. Mallari Jr.

asr-001745

If I may just give an overview.

01:02:08Source

DTI Assistant Secretary Atty. Regino D. Mallari Jr.

asr-001746

Last 2025 po,

01:02:09Source

DTI Assistant Secretary Atty. Regino D. Mallari Jr.

asr-001747

ang nareceive po namin is about 42,000 complaints.

01:02:13Source

DTI Assistant Secretary Atty. Regino D. Mallari Jr.

asr-001748

Kaya po meron tayong mediation para mabawasan po yun.

01:02:16Source

DTI Assistant Secretary Atty. Regino D. Mallari Jr.

asr-001749

Ang average days po natin sa mediation is about 10 to 15 days.

01:02:20Source

DTI Assistant Secretary Atty. Regino D. Mallari Jr.

asr-001750

If sa adjudication lang po.

01:02:23Source

DTI Assistant Secretary Atty. Regino D. Mallari Jr.

asr-001751

Teka, time.

01:02:24Source

Senator Paolo Benigno "Bam" Aquino IV

asr-001752

So, mediation,

01:02:25Source

Senator Paolo Benigno "Bam" Aquino IV

asr-001753

how many of that 42,000 gets settled at that,

01:02:29Source

Senator Paolo Benigno "Bam" Aquino IV

asr-001754

at first phase?

01:02:36Source

Senator Paolo Benigno "Bam" Aquino IV

asr-001755

Huwag naman sana lahat ng 42,000 aabot ng taon.

01:02:39Source

Senator Paolo Benigno "Bam" Aquino IV

asr-001756

I'm sure first phase pa lang, maraming nang masasettle dyan.

01:02:41Source

DTI Assistant Secretary Atty. Regino D. Mallari Jr.

asr-001757

Opo.

01:02:42Source

DTI Assistant Secretary Atty. Regino D. Mallari Jr.

asr-001758

Hindi naman po.

01:02:43Source

DTI Assistant Secretary Atty. Regino D. Mallari Jr.

asr-001759

In fact,

01:02:48Source

DTI Assistant Secretary Atty. Regino D. Mallari Jr.

asr-001760

a majority are settled within the mediation stage na kapag-usap po yun.

01:02:52Source

Senator Paolo Benigno "Bam" Aquino IV

asr-001761

Can you give us the numbers?

01:02:53Source

DTI Assistant Secretary Atty. Regino D. Mallari Jr.

asr-001762

We will submit your honor.

01:02:55Source

Senator Paolo Benigno "Bam" Aquino IV

asr-001763

In your experience, 50%, 60%?

01:02:59Source

Senator Paolo Benigno "Bam" Aquino IV

asr-001764

Yung data ninyo.

01:03:01Source

Senator Paolo Benigno "Bam" Aquino IV

asr-001765

Kasi I'm sure every year yan ang metrics ninyo, di ba?

01:03:04Source

Senator Paolo Benigno "Bam" Aquino IV

asr-001766

How many get settled?

01:03:05Source

DTI Assistant Secretary Atty. Regino D. Mallari Jr.

asr-001767

Around 70 to 80% po get settled.

01:03:08Source

Senator Paolo Benigno "Bam" Aquino IV

asr-001768

Within the first 10 days?

01:03:09Source

DTI Assistant Secretary Atty. Regino D. Mallari Jr.

asr-001769

Opo.

01:03:10Source

Senator Paolo Benigno "Bam" Aquino IV

asr-001770

Tama ba yun?

01:03:10Source

DTI Assistant Secretary Atty. Regino D. Mallari Jr.

asr-001771

Opo.

01:03:11Source

Senator Paolo Benigno "Bam" Aquino IV

asr-001772

Kasi usually, kakausapin nyo nalang yung business, sabihin nyo,

01:03:14Source

Senator Paolo Benigno "Bam" Aquino IV

asr-001773

uy, balik nyo nalang yan.

01:03:16Source

Senator Paolo Benigno "Bam" Aquino IV

asr-001774

So, yung 20% na natira, aabot ba sila ng 6 buwan?

01:03:20Source

DTI Assistant Secretary Atty. Regino D. Mallari Jr.

asr-001775

Hindi po.

01:03:21Source

Senator Paolo Benigno "Bam" Aquino IV

asr-001776

You help us, Asec.

01:03:23Source

Senator Raffy T. Tulfo

asr-001777

Bigay mo sa amin yung metrics nyo.

01:03:25Source

Senator Raffy T. Tulfo

asr-001778

Yung 30%, kasi sabi nyo 70 to 80.

01:03:27Source

Senator Raffy T. Tulfo

asr-001779

So, yung 30 to 20%.

01:03:28Source

Senator Raffy T. Tulfo

asr-001780

So, maghihintay sila ng 6 months.

01:03:32Source

Senator Raffy T. Tulfo

asr-001781

So, ang tanong nga, kung susugan ko yung tanong ni Chairman.

01:03:36Source

Senator Raffy T. Tulfo

asr-001782

So, ilan yung percentage doon sa 30 to 20% na nasesettle at nagiging satisfied yung consumer?

01:03:58Source

DTI Assistant Secretary Atty. Regino D. Mallari Jr.

asr-001783

For NCR po, under our jurisdiction, ang nasesettle po sa mediation is 100% po.

01:04:11Source

DTI Assistant Secretary Atty. Regino D. Mallari Jr.

asr-001784

Pag consumer complaints.

01:04:13Source

Senator Raffy T. Tulfo

asr-001785

Sa NCR?

01:04:14Source

DTI Assistant Secretary Atty. Regino D. Mallari Jr.

asr-001786

Opo.

01:04:15Source

Senator Raffy T. Tulfo

asr-001787

At 100%?

01:04:16Source

DTI Assistant Secretary Atty. Regino D. Mallari Jr.

asr-001788

Opo.

01:04:17Source

Senator Raffy T. Tulfo

asr-001789

Okay. Sa lahat ng klaseng produkto, regardless?

01:04:20Source

DTI Assistant Secretary Atty. Regino D. Mallari Jr.

asr-001790

Yes, Your Honor.

01:04:22Source

Senator Raffy T. Tulfo

asr-001791

Does that include cars?

01:04:24Source

Senator Raffy T. Tulfo

asr-001792

I don't think so.

01:04:26Source

DTI Assistant Secretary Atty. Regino D. Mallari Jr.

asr-001793

Yes, Your Honor.

01:04:27Source

Senator Raffy T. Tulfo

asr-001794

No?

01:04:28Source

Senator Raffy T. Tulfo

asr-001795

Okay.

01:04:29Source

Senator Raffy T. Tulfo

asr-001796

Pabalikan kita.

01:04:30Source

Senator Raffy T. Tulfo

asr-001797

Bibigyan kita ng listahan ng mga pumunta sa akin.

01:04:32Source

Senator Raffy T. Tulfo

asr-001798

Sira-sira ang mga sasakyan.

01:04:33Source

Senator Raffy T. Tulfo

asr-001799

And then, ibinabalik sa bagay.

01:04:35Source

Senator Raffy T. Tulfo

asr-001800

High-end na.

01:04:36Source

Senator Raffy T. Tulfo

asr-001801

May mga BMW pa nga.

01:04:37Source

Senator Raffy T. Tulfo

asr-001802

May mga Toyota Corolla.

01:04:39Source

Senator Raffy T. Tulfo

asr-001803

Ay, Toyota.

01:04:40Source

Senator Raffy T. Tulfo

asr-001804

Meron Nissan na isusuli dahil sira talaga.

01:04:43Source

Senator Raffy T. Tulfo

asr-001805

And then, meron pangang certification from the manufacturer na may problema at ni-recall na yun.

01:04:50Source

Senator Raffy T. Tulfo

asr-001806

Pero matigas pa rin yung seller.

01:04:53Source

Senator Raffy T. Tulfo

asr-001807

Don't tell me at 100%.

01:04:54Source

Senator Raffy T. Tulfo

asr-001808

No, you're lying.

01:04:56Source

Senator Raffy T. Tulfo

asr-001809

Because I can get back to you.

01:04:57Source

Senator Raffy T. Tulfo

asr-001810

And to show you proof na hindi 100%.

01:05:00Source

Senator Raffy T. Tulfo

asr-001811

Don't say 100%.

01:05:02Source

Senator Raffy T. Tulfo

asr-001812

Unless you're certain.

01:05:04Source

Senator Raffy T. Tulfo

asr-001813

Naka-out ba ito?

01:05:06Source

Senator Raffy T. Tulfo

asr-001814

Ipa-out ka yan muna natin.

01:05:08Source

Senator Paolo Benigno "Bam" Aquino IV

asr-001815

Pakisagot, Asec, please.

01:05:12Source

DTI Assistant Secretary Atty. Regino D. Mallari Jr.

asr-001816

Upon clarification, Your Honor, hindi po settled.

01:05:15Source

DTI Assistant Secretary Atty. Regino D. Mallari Jr.

asr-001817

Some of the, especially yung mga technical cases po, especially yung mga cases po na under the Lemon Law, nagpo-proceed po sa adjudication.

01:05:23Source

Senator Raffy T. Tulfo

asr-001818

So, hindi 100%.

01:05:24Source

Senator Raffy T. Tulfo

asr-001819

Yun yung ayaw ko.

01:05:25Source

Senator Raffy T. Tulfo

asr-001820

Kasi sasabihin mo 100%.

01:05:26Source

Senator Raffy T. Tulfo

asr-001821

Kasi sasabihin mo 100%.

01:05:27Source

Senator Raffy T. Tulfo

asr-001822

Eh, talagang babalikan kita.

01:05:29Source

Senator Raffy T. Tulfo

asr-001823

Ihagis ko sa iyo mga papel ng mga reklamo sa akin through the years na inaabot na po siguro ng dose-dose na na.

01:05:35Source

Senator Raffy T. Tulfo

asr-001824

Diba?

01:05:36Source

Senator Raffy T. Tulfo

asr-001825

And ako naman tumatawag sa inyo every time.

01:05:39Source

Senator Raffy T. Tulfo

asr-001826

So, yun po yung dapat ang sinasabi ko ngayon.

01:05:41Source

Senator Raffy T. Tulfo

asr-001827

That's why we're here.

01:05:43Source

Senator Raffy T. Tulfo

asr-001828

Mag-come up kayo ng sistema na para mapaiksi naman yung adjudication.

01:05:52Source

Senator Raffy T. Tulfo

asr-001829

Huwag naman six months.

01:05:53Source

Senator Raffy T. Tulfo

asr-001830

And then, after six months, kung hindi pa na-settle,

01:05:54Source

Senator Raffy T. Tulfo

asr-001831

dapat gumawa na kayo ng mga hakbang na para paborabi doon sa consumer.

01:06:00Source

Senator Raffy T. Tulfo

asr-001832

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.

01:06:07Source

Senator Raffy T. Tulfo

asr-001833

Diba?

01:06:08Source

Senator Raffy T. Tulfo

asr-001834

The consumer, if they're happy with the product, why would they complain?

01:06:11Source

Senator Raffy T. Tulfo

asr-001835

They're not gonna waste their time to complain.

01:06:13Source

Senator Raffy T. Tulfo

asr-001836

Diba?

01:06:14Source

Senator Raffy T. Tulfo

asr-001837

So, para sa akin, iksiyan niyo lang po yung ano siguro yung proseso.

01:06:18Source

Senator Raffy T. Tulfo

asr-001838

Yun lang po yung sa akin, Madam Secretary.

01:06:21Source

Senator Raffy T. Tulfo

asr-001839

Okay?

01:06:22Source

Senator Paolo Benigno "Bam" Aquino IV

asr-001840

Secretary, you want to say something?

01:06:23Source

Senator Paolo Benigno "Bam" Aquino IV

asr-001841

Secretary, you want to respond to Senator Tulfo?

01:06:26Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001842

Actually, that's part of our asks here.

01:06:29Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001843

Kasi we need more budget actually to upgrade our technology for market monitoring, enforcement, and consumer assistance.

01:06:38Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001844

Kasi po, there's a surge now of products being sold in the e-commerce platform.

01:06:43Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001845

And then, there's also a surge of substandard products din.

01:06:47Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001846

So, and then, there's like a non-stop complaining.

01:06:50Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001847

Pero yung number ng tao po namin, ganun pa rin.

01:06:52Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001848

As compared to before na medyo hindi pa ganun kalakas yung e-commerce platform.

01:06:58Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001849

So, that's part of my presentation.

01:07:00Source

Senator Raffy T. Tulfo

asr-001850

Mr. Chair, with that, I fully support ang budget ng DTI.

01:07:04Source

Senator Raffy T. Tulfo

asr-001851

Alang-alang sa mga consumer.

01:07:05Source

Senator Paolo Benigno "Bam" Aquino IV

asr-001852

Okay, salamat, Senator.

01:07:07Source

Senator Paolo Benigno "Bam" Aquino IV

asr-001853

Thank you, Senator.

01:07:08Source

Senator Paolo Benigno "Bam" Aquino IV

asr-001854

Okay.

01:07:11Source

Senator Paolo Benigno "Bam" Aquino IV

asr-001855

Lalakas ng palakpak, Senator, oh.

01:07:13Source

Senator Paolo Benigno "Bam" Aquino IV

asr-001856

Lalakas ng palakpak.

01:07:14Source

Senator Paolo Benigno "Bam" Aquino IV

asr-001857

Okay.

01:07:16Source

Senator Paolo Benigno "Bam" Aquino IV

asr-001858

Secretary, I'm gonna put you on the spot.

01:07:18Source

Senator Paolo Benigno "Bam" Aquino IV

asr-001859

Yung Trustmark.

01:07:19Source

Senator Paolo Benigno "Bam" Aquino IV

asr-001860

As you know, I also had some comments about the Trustmark.

01:07:21Source

Senator Paolo Benigno "Bam" Aquino IV

asr-001861

I also had some comments about the Trustmark previously.

01:07:25Source

Senator Paolo Benigno "Bam" Aquino IV

asr-001862

We don't want to create another layer.

01:07:28Source

Senator Paolo Benigno "Bam" Aquino IV

asr-001863

That's why the suggestion ni Sen. Tulfo, in which you also suggested before,

01:07:32Source

Senator Paolo Benigno "Bam" Aquino IV

asr-001864

is huwag na siyang mandatory for the small.

01:07:35Source

Senator Paolo Benigno "Bam" Aquino IV

asr-001865

If you want to do it mandatory for the medium and large,

01:07:39Source

Senator Paolo Benigno "Bam" Aquino IV

asr-001866

kayang-kaya nila yung 1,000 pesos.

01:07:41Source

Senator Paolo Benigno "Bam" Aquino IV

asr-001867

But ang worry namin is para sa small,

01:07:43Source

Senator Paolo Benigno "Bam" Aquino IV

asr-001868

firstly, it's an extra expense.

01:07:45Source

Senator Paolo Benigno "Bam" Aquino IV

asr-001869

And secondly, it's an extra step.

01:07:47Source

Senator Paolo Benigno "Bam" Aquino IV

asr-001870

Eh, gusto nga natin bawasan yung mga steps

01:07:49Source

Senator Paolo Benigno "Bam" Aquino IV

asr-001871

para mas madali magdegosyo.

01:07:51Source

Senator Paolo Benigno "Bam" Aquino IV

asr-001872

Eventually, I think people will understand that

01:07:54Source

Senator Paolo Benigno "Bam" Aquino IV

asr-001873

if there's a Trustmark, they can trust the product more.

01:07:57Source

Senator Paolo Benigno "Bam" Aquino IV

asr-001874

Pero that can be, tama ba caveat emptor na yan, diba?

01:08:01Source

Senator Paolo Benigno "Bam" Aquino IV

asr-001875

It's already the purview of the buyer.

01:08:04Source

Senator Paolo Benigno "Bam" Aquino IV

asr-001876

Tama ba? Tama ba yung Latin ko?

01:08:05Source

Senator Paolo Benigno "Bam" Aquino IV

asr-001877

Caveat emptor, tama diba?

01:08:06Source

Senator Paolo Benigno "Bam" Aquino IV

asr-001878

Bahala na yung buyer.

01:08:08Source

Senator Paolo Benigno "Bam" Aquino IV

asr-001879

So, when will you release the DO?

01:08:14Source

Senator Paolo Benigno "Bam" Aquino IV

asr-001880

Because your current DO says that it will be mandatory next year.

01:08:18Source

Senator Paolo Benigno "Bam" Aquino IV

asr-001881

I hope by the time we get to plenary,

01:08:21Source

Senator Paolo Benigno "Bam" Aquino IV

asr-001882

there's already more visibility

01:08:24Source

Senator Paolo Benigno "Bam" Aquino IV

asr-001883

that we won't make it mandatory anymore

01:08:27Source

Senator Paolo Benigno "Bam" Aquino IV

asr-001884

for the small and the micro.

01:08:29Source

Senator Paolo Benigno "Bam" Aquino IV

asr-001885

That's our suggestion, Secretary.

01:08:31Source

Senator Paolo Benigno "Bam" Aquino IV

asr-001886

So, pag nagkita tayo sa plenary,

01:08:33Source

Senator Paolo Benigno "Bam" Aquino IV

asr-001887

I hope we can resolve that already.

01:08:38Source

Senator Paolo Benigno "Bam" Aquino IV

asr-001888

The more steps kasi we have,

01:08:40Source

Senator Paolo Benigno "Bam" Aquino IV

asr-001889

it's really going to be difficult.

01:08:42Source

Senator Paolo Benigno "Bam" Aquino IV

asr-001890

Plus, ito magiging problema ni ASEC.

01:08:45Source

Senator Paolo Benigno "Bam" Aquino IV

asr-001891

Let's say, bumili ako ng Trustmark.

01:08:49Source

Senator Paolo Benigno "Bam" Aquino IV

asr-001892

Talaga bang ma-assure natin na just because bumili ako ng Trustmark,

01:08:53Source

Senator Paolo Benigno "Bam" Aquino IV

asr-001893

ay katiwa-tiwala na yung produktong yan.

01:08:55Source

Senator Paolo Benigno "Bam" Aquino IV

asr-001894

Kailangan malinaw na malinaw na pag may Trustmark ako,

01:08:59Source

Senator Paolo Benigno "Bam" Aquino IV

asr-001895

that it's really above the rest of the market.

01:09:04Source

Senator Paolo Benigno "Bam" Aquino IV

asr-001896

And I'm not sure if you can assure that, diba?

01:09:06Source

Senator Paolo Benigno "Bam" Aquino IV

asr-001897

So, may ano rin yan.

01:09:08Source

Senator Paolo Benigno "Bam" Aquino IV

asr-001898

May possible pitfall rin yun yung pagkakaroon ng Trustmark.

01:09:11Source

Senator Paolo Benigno "Bam" Aquino IV

asr-001899

Kung yung medium, kaya nyo talagang ma-assess yan isa-isa.

01:09:15Source

Senator Paolo Benigno "Bam" Aquino IV

asr-001900

Pero kung yung small, papatrustmark ninyo,

01:09:17Source

Senator Paolo Benigno "Bam" Aquino IV

asr-001901

kaya nyo ba talagang i-assess lahat ng libo-libong mag-a-apply sa inyo?

01:09:23Source

Senator Paolo Benigno "Bam" Aquino IV

asr-001902

So, that's just some possible pitfalls moving forward.

01:09:26Source

Senator Paolo Benigno "Bam" Aquino IV

asr-001903

So, I would suggest, bigyan nyo ng Trustmark,

01:09:29Source

Senator Paolo Benigno "Bam" Aquino IV

asr-001904

yung talagang kaya nyo sabihin na this product is really top standard,

01:09:35Source

Senator Paolo Benigno "Bam" Aquino IV

asr-001905

hindi nito masisira at lahat-lahat.

01:09:37Source

Senator Paolo Benigno "Bam" Aquino IV

asr-001906

And again, if it's for medium or even the larger enterprises, big purchases,

01:09:43Source

Senator Paolo Benigno "Bam" Aquino IV

asr-001907

then why not?

01:09:44Source

Senator Paolo Benigno "Bam" Aquino IV

asr-001908

Pero for the small, yung mga produktong nabibili natin,

01:09:49Source

Senator Paolo Benigno "Bam" Aquino IV

asr-001909

parang almost impulse purchase na yung mga yan,

01:09:52Source

Senator Paolo Benigno "Bam" Aquino IV

asr-001910

I would tread carefully.

01:09:54Source

Senator Paolo Benigno "Bam" Aquino IV

asr-001911

Kasi once you have that Trustmark,

01:09:56Source

Senator Paolo Benigno "Bam" Aquino IV

asr-001912

you have to assure also that lahat yan will fall under the right standards.

01:10:01Source

Senator Paolo Benigno "Bam" Aquino IV

asr-001913

In my mind, considering yung dami ninyo at yung dami ng mga negosyo at dami ng produkto,

01:10:06Source

Senator Paolo Benigno "Bam" Aquino IV

asr-001914

parang hindi talaga siya nagmamatch.

01:10:09Source

Senator Paolo Benigno "Bam" Aquino IV

asr-001915

So, I hope you can work with the Secretary on that.

01:10:11Source

Senator Paolo Benigno "Bam" Aquino IV

asr-001916

Ang suggestion ko is,

01:10:12Source

Senator Paolo Benigno "Bam" Aquino IV

asr-001917

maganda na yung direction,

01:10:14Source

Senator Paolo Benigno "Bam" Aquino IV

asr-001918

keep it to the bigger businesses,

01:10:16Source

Senator Paolo Benigno "Bam" Aquino IV

asr-001919

and then yung mga smaller businesses,

01:10:18Source

Senator Paolo Benigno "Bam" Aquino IV

asr-001920

let it be voluntary on their part.

01:10:20Source

Senator Paolo Benigno "Bam" Aquino IV

asr-001921

Do you want to respond, Sir Asec?

01:10:22Source

Senator Paolo Benigno "Bam" Aquino IV

asr-001922

Baka may mga blind spot kami hindi nakikita.

01:10:25Source

Senator Paolo Benigno "Bam" Aquino IV

asr-001923

Go ahead.

01:10:26Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001924

Tama po yun, Senator.

01:10:28Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001925

We will comply with that.

01:10:30Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001926

I totally agree with you on this.

01:10:33Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001927

Salamat.

01:10:34Source

Senator Paolo Benigno "Bam" Aquino IV

asr-001928

Sir, you want to respond?

01:10:36Source

Senator Paolo Benigno "Bam" Aquino IV

asr-001929

Yun na yun?

01:10:37Source

Senator Paolo Benigno "Bam" Aquino IV

asr-001930

Yun na yun?

01:10:38Source

Senator Paolo Benigno "Bam" Aquino IV

asr-001931

Okay, sige.

01:10:39Source

Senator Paolo Benigno "Bam" Aquino IV

asr-001932

So, let's begin.

01:10:40Source

Senator Paolo Benigno "Bam" Aquino IV

asr-001933

Secretary, you have the floor.

01:10:41Source

Senator Paolo Benigno "Bam" Aquino IV

asr-001934

Hopefully, we can keep it to maybe 15 minutes, no?

01:10:45Source

Senator Paolo Benigno "Bam" Aquino IV

asr-001935

Yeah.

01:10:46Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001936

Good afternoon, Mr. Chair and members of the committee.

01:10:50Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001937

For fiscal year 2027,

01:10:53Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001938

the proposed budget of the Department of Trade and Industry is 10.903 billion,

01:10:59Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001939

composed of 7 billion for DTI, OSEC,

01:11:03Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001940

and 2.131 billion for attached agencies,

01:11:07Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001941

and 1.7363 billion for attached corporations.

01:11:13Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001942

This budget supports DTI's priorities.

01:11:16Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001943

So, we have three priorities.

01:11:18Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001944

Expand foreign trade and investments,

01:11:20Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001945

protect consumers and ensure fair trade,

01:11:23Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001946

and develop competitive MSMEs and local industries.

01:11:27Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001947

For the performance for 2025 and fiscal year 2026,

01:11:33Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001948

first semester,

01:11:35Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001949

DTI…

01:11:36Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001950

allow me to highlight our major achievements in these three areas.

01:11:40Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001951

First, on trade and investments,

01:11:42Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001952

Philippine exports reached 135.93 billion U.S. dollars in 2025,

01:11:49Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001953

composed of 84.44 billion in goods export

01:11:53Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001954

and 51.49 billion U.S. dollars in services exports.

01:11:59Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001955

For 2026,

01:12:00Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001956

the momentum continued with goods export reaching 54.92 billion U.S. dollars,

01:12:06Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001957

as of July 2026,

01:12:08Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001958

while services reached 23.31 billion U.S. dollars as of June 2026.

01:12:14Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001959

In 2025, Philippine exports reached all-time high, 15.4%.

01:12:20Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001960

We carried this momentum straight in 2026

01:12:23Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001961

with monthly exports growing at January 8.7,

01:12:27Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001962

February 8.9%,

01:12:29Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001963

March 20.4%,

01:12:31Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001964

April 7.2%,

01:12:33Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001965

May 7.6,

01:12:35Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001966

June 24.1,

01:12:37Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001967

July 10.8,

01:12:38Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001968

and August is up,

01:12:39Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001969

but PCA will announce tomorrow the exact figure.

01:12:43Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001970

Semiconductors, electronic, automotive parts, and minerals

01:12:47Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001971

continue to account for a significant share of our exports,

01:12:50Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001972

but we have seen a lot of wins in the agriculture exports,

01:12:54Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001973

particularly coconut, banana, pineapples, ube, and calamansi.

01:12:58Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001974

But we are pushing also for bamboo.

01:13:02Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001975

Just this year,

01:13:03Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001976

we also sent our first shipments

01:13:04Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001977

of fresh mangoes to Canada.

01:13:08Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001978

400 kilos we started a month ago,

01:13:11Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001979

and then last two weeks,

01:13:13Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001980

we shipped also one metric tons of fresh mangoes,

01:13:17Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001981

and then we'll see how it goes.

01:13:19Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001982

We also shipped 150 kilos to Brussels, Europe,

01:13:23Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001983

and now we have an inquiry from UAE

01:13:27Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001984

for two metric tons of fresh mangoes.

01:13:31Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001985

So again, durian mangosteen also to Canada,

01:13:33Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001986

and we also had it.

01:13:35Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001987

Then the success of our exporters creates opportunities

01:13:39Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001988

and income for farmers,

01:13:41Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001989

creates jobs in rural communities,

01:13:43Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001990

and strengthens local supply chains across the country.

01:13:47Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001991

For example,

01:13:48Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001992

one exporter supported by DTI

01:13:51Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001993

has expanded the business from 2023 to last year

01:13:55Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001994

by times four during this administration.

01:13:58Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001995

So to meet the growing demand,

01:14:00Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001996

the company sources an average of 600 metric tons

01:14:03Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001997

of agriculture imports per month

01:14:06Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001998

from farmers and communities,

01:14:08Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-001999

and they deliver on a daily basis

01:14:10Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002000

these small enterprises.

01:14:12Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002001

So we encourage the small enterprises

01:14:15Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002002

to supply the exporters

01:14:17Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002003

so that they can actually move their products also.

01:14:21Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002004

And since ang produce nila maliit lang,

01:14:23Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002005

they can supply on a daily basis,

01:14:25Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002006

which is fine for a lot of these exporters.

01:14:28Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002007

We will continue to open doors for exporters.

01:14:31Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002008

Under this administration,

01:14:32Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002009

is set to make history and 23 free trade agreements.

01:14:37Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002010

This year alone,

01:14:38Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002011

we will hope to conclude the JPEPA,

01:14:41Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002012

and we have also seen the conclusion

01:14:43Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002013

in the European,

01:14:44Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002014

Philippine-European FTA.

01:14:46Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002015

We signed the Philippine-Chile FTA

01:14:49Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002016

that will open the South America market.

01:14:51Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002017

Then we also have the ASEAN trade in goods agreement.

01:14:55Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002018

So there are a lot of FTAs in place,

01:14:58Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002019

but we will end by

01:15:00Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002020

23 by this year

01:15:02Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002021

concluded.

01:15:04Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002022

Aside from market access, our exporters

01:15:06Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002023

must still connect with buyers,

01:15:08Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002024

showcase their products, and secure orders.

01:15:10Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002025

We are proposing an

01:15:12Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002026

additional budget of 100 million

01:15:14Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002027

that will allow more Philippine companies

01:15:16Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002028

to participate in international trade

01:15:18Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002029

shows where actual business

01:15:20Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002030

deals and export contracts are

01:15:22Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002031

generated. We need to expand

01:15:24Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002032

the size of our booths

01:15:25Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002033

to accommodate more

01:15:28Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002034

products, and we also need to

01:15:30Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002035

join more trade shows to showcase

01:15:32Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002036

our products.

01:15:34Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002037

Another major opportunity

01:15:36Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002038

in our

01:15:38Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002039

chairship is the landmark

01:15:39Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002040

agreement, which is the DEFA.

01:15:42Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002041

This first

01:15:44Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002042

regional, first in the world,

01:15:46Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002043

which is scheduled for signing

01:15:48Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002044

this November, DEFA is expected

01:15:50Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002045

to unlock an opportunity of

01:15:52Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002046

2 trillion US dollars by 2030.

01:15:55Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002047

This will open the

01:15:56Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002048

digital space, digital economy,

01:15:58Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002049

digital payments

01:16:00Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002050

cross-border,

01:16:03Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002051

and then digital identity,

01:16:05Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002052

cybersecurity, data governance,

01:16:07Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002053

and competition policies, and

01:16:08Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002054

digital talent development.

01:16:10Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002055

On investments, the strong

01:16:12Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002056

performance of our investment promotion

01:16:14Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002057

agencies in 2025,

01:16:17Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002058

the BOI approved

01:16:18Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002059

1.56 trillion in investment,

01:16:21Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002060

surpassing the 1.5

01:16:23Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002061

trillion mark for the second

01:16:24Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002062

consecutive year, and

01:16:26Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002063

registering the second highest

01:16:28Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002064

level of investment approvals

01:16:30Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002065

in the agency's 58th year history.

01:16:33Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002066

These 322

01:16:34Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002067

approved projects are expected

01:16:36Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002068

to generate more than

01:16:37Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002069

40,000 jobs for Filipinos

01:16:40Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002070

nationwide. At the same time,

01:16:42Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002071

the PESA continues to attract

01:16:44Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002072

both new and expanding

01:16:46Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002073

investors, so PESA approved

01:16:48Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002074

260.89 billion pesos

01:16:52Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002075

in investments in 2025.

01:16:55Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002076

In the first eight

01:16:56Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002077

months of 2026 alone,

01:16:58Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002078

it already approved

01:16:59Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002079

216.46 billion in

01:17:01Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002080

investments across 196

01:17:03Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002081

new and expansion projects,

01:17:06Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002082

securing more than 72%

01:17:08Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002083

of its annual target.

01:17:09Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002084

These projects are projected to create

01:17:11Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002085

approximately 27,000

01:17:14Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002086

direct new jobs.

01:17:16Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002087

We are further strengthening

01:17:17Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002088

the country's competitiveness through the

01:17:19Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002089

Create More Act and the

01:17:21Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002090

SIPP 2026

01:17:23Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002091

and the Green Lanes for Strategic

01:17:26Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002092

Investments. These reforms,

01:17:28Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002093

encourage new investments

01:17:29Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002094

and support expansions of existing

01:17:32Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002095

investors and provide industries

01:17:33Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002096

with enabling environment where they

01:17:36Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002097

need to grow. Mr. Chair,

01:17:38Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002098

while these numbers

01:17:39Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002099

clearly show immense potential

01:17:41Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002100

and foreign investor interest, I

01:17:43Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002101

want to emphasize that we currently do not

01:17:45Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002102

have dedicated budget for investment

01:17:47Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002103

promotion. We want

01:17:50Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002104

to aggressively drive and increase

01:17:51Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002105

investments, especially that we have

01:17:53Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002106

a lot of free trade agreements

01:17:55Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002107

and we have a

01:17:58Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002110

lot

01:17:58Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002111

of incentives that are now

01:18:00Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002112

more, that really

01:18:02Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002113

encourage more investors to invest

01:18:04Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002114

in the country. But we hope to

01:18:06Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002115

get more investments to

01:18:08Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002116

secure more jobs and

01:18:10Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002117

more income for the country.

01:18:12Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002118

So through the

01:18:13Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002119

DTI's network of the

01:18:15Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002120

Philippine Trade and Investment Centers

01:18:18Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002121

in 21 countries all over

01:18:20Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002122

the world with 29 trade attaches,

01:18:22Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002123

we actively promote

01:18:24Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002124

the Philippines as an investment

01:18:25Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002125

destination. These offices

01:18:27Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002126

serve as a frontline presence in

01:18:29Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002127

major markets. So again, we also need

01:18:31Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002128

budget for this so they

01:18:33Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002129

can promote the Philippines as an

01:18:35Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002130

investment haven more aggressively.

01:18:38Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002131

Second, on industry

01:18:40Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002132

and MSME development,

01:18:42Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002133

under the Tatak Pinoy

01:18:43Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002134

strategy, our goal is to build

01:18:45Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002135

globally competitive Filipino

01:18:47Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002136

enterprises that create higher value

01:18:49Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002137

products, better job, and greater

01:18:51Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002138

economic opportunities. To achieve

01:18:53Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002139

this, we must ensure that our MSMEs

01:18:55Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002140

have market access

01:18:57Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002141

financing and support. They need to

01:19:00Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002142

grow, scale up, and seize the opportunities

01:19:02Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002143

created by expanding

01:19:04Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002144

trade and investments. So we need

01:19:06Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002145

to, from the MSMEs

01:19:08Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002146

supplying the local, those

01:19:10Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002147

that are ready to go for

01:19:12Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002148

the global market, we need

01:19:14Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002149

to link them already to

01:19:16Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002150

these exporters.

01:19:18Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002151

So we need assistance also

01:19:20Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002152

financially on this. One of

01:19:22Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002153

the most effective ways is to

01:19:24Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002154

connect the business directly with buyers

01:19:26Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002155

and commercial opportunities.

01:19:27Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002156

It's through the international and

01:19:30Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002157

local trade fairs.

01:19:31Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002158

Products will remain as

01:19:34Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002159

products unless we sell them. So we need

01:19:36Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002160

to provide market access for them,

01:19:38Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002161

strategic market access for

01:19:40Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002162

them locally and globally.

01:19:42Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002163

For the local, we

01:19:44Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002164

need to invite

01:19:45Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002165

buyers,

01:19:48Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002166

bulk buyers or wholesale buyers

01:19:50Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002167

to buy the products of the

01:19:51Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002168

small and medium enterprises.

01:19:55Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002169

In 2026

01:19:56Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002170

alone, the National Trade Fair,

01:19:57Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002171

assisted 1,457

01:20:00Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002172

MSMEs and

01:20:02Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002173

generated nearly

01:20:03Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002174

1 billion in sales as of the

01:20:05Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002175

third quarter when the last year

01:20:08Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002176

we were able to

01:20:09Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002177

sell around 600 million.

01:20:11Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002178

So we've grown already and we're just

01:20:13Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002179

in our third quarter. But we still

01:20:15Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002180

need to assist them and

01:20:17Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002181

provide them more market access.

01:20:20Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002182

Growth, however, requires

01:20:21Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002183

capital. So through the SB Corporation,

01:20:25Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002184

the DTI continues

01:20:26Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002185

to provide financing which enables

01:20:27Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002186

MSMEs to expand production.

01:20:30Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002187

We have just

01:20:31Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002188

launched

01:20:33Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002189

dedicated financing programs

01:20:35Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002190

for women

01:20:37Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002191

entrepreneurs to encourage

01:20:39Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002192

double income in a family

01:20:41Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002193

and to promote also

01:20:43Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002194

women in business.

01:20:45Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002195

Then also exporters, MSMEs,

01:20:48Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002196

OFWs, e-transport operators

01:20:50Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002197

and the Youth Enterprise Fund.

01:20:52Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002198

Supported by a total

01:20:53Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002199

fund of 12 billion, these

01:20:55Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002200

financing programs create more opportunity

01:20:57Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002201

for Filipinos to earn, build

01:20:59Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002202

businesses and

01:21:01Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002203

really expand also their

01:21:03Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002204

business. We have

01:21:05Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002205

changed also the policy

01:21:07Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002206

so up to 5 million, no

01:21:09Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002207

collateral and then one year

01:21:11Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002208

no payment of principal and interest

01:21:13Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002209

para makausad din yung negosyo nila.

01:21:16Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002210

However, I want to emphasize

01:21:17Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002211

this Honorable Chair

01:21:19Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002212

that the current budget of

01:21:21Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002213

SB Corporation is way too small

01:21:23Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002214

to cater to the actual needs of the

01:21:25Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002215

MSMEs nationwide.

01:21:27Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002216

So far,

01:21:29Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002217

the demand outweighs our resources.

01:21:32Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002218

SB Corporation has already

01:21:33Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002219

received more than 36 billion

01:21:35Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002220

in loan applications compared

01:21:37Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002221

to our limited fund

01:21:39Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002222

capacity of 12.9 billion.

01:21:42Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002223

We are requesting an additional

01:21:43Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002224

5 billion funding for SB

01:21:45Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002225

Corporation.

01:21:48Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002226

At the same time, we are

01:21:49Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002227

preparing our industries for the future.

01:21:52Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002228

We have just recently launched the

01:21:53Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002229

AI and Scale-Up Center to

01:21:55Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002230

help businesses adapt to AI.

01:21:57Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002231

Especially the small and medium

01:22:00Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002232

enterprises, how to use AI

01:22:01Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002233

to move their business.

01:22:04Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002234

Through our Negosyo Center,

01:22:05Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002235

shared services facilities and

01:22:07Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002236

Kapatid Mentor Me program, we continue to

01:22:09Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002237

assist MSMEs, improve the

01:22:11Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002238

capabilities, reach larger markets

01:22:13Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002239

and create more quality jobs

01:22:15Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002240

and income opportunities for

01:22:17Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002241

Filipino. Yesterday, we just

01:22:19Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002242

launched the online portal

01:22:21Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002243

for the Negosyo Center so

01:22:23Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002244

I don't have to go to the physical

01:22:25Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002245

Negosyo Centers anymore kung wala na akong

01:22:27Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002246

oras. I'm busy working and

01:22:29Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002247

I don't have to spend anymore

01:22:32Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002248

extra on

01:22:33Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002249

transportation costs just to

01:22:35Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002250

get there. So even in my free time

01:22:37Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002251

or time before I sleep

01:22:39Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002252

or when I wake up, I can go

01:22:41Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002253

to the online portal. So

01:22:43Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002254

doon sa online portal is exactly

01:22:45Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002255

like a Negosyo Center. We keep on

01:22:47Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002256

updating and upgrading the opportunities

01:22:49Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002257

and possibilities that we give to

01:22:51Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002258

them. And thirdly,

01:22:53Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002259

on consumer protection and fair trade.

01:22:56Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002260

Consumer protection and industry

01:22:57Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002261

development go hand in hand.

01:22:59Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002262

Businesses grow when consumers have confidence

01:23:01Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002263

in products they buy and markets

01:23:04Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002264

they participate in.

01:23:05Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002265

DTI remains committed to protecting

01:23:07Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002266

consumers and promoting fair trade.

01:23:10Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002267

Through nationwide monitoring

01:23:11Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002268

and enforcement, we inspected

01:23:13Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002269

more than 14,000 establishments

01:23:15Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002270

and monitored over 5,000

01:23:17Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002271

firms to help ensure the

01:23:19Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002272

adequate supply and fair pricing

01:23:21Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002273

of basic necessities and prime commodities.

01:23:24Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002274

We have

01:23:25Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002275

offices in

01:23:27Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002276

18 regions and

01:23:29Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002277

this is where they check on a

01:23:31Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002278

weekly basis yung

01:23:32Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002279

prices of BNPC and

01:23:35Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002280

pag may crisis, it's on a daily basis

01:23:37Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002281

to make sure that there's no

01:23:39Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002282

movement of the goods, the

01:23:41Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002283

prices of the goods. We also continue

01:23:43Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002284

to strengthen product quality and safety.

01:23:45Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002285

The Bureau of Product Standards approved

01:23:47Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002286

512 Philippine

01:23:49Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002287

National Standards supporting safer and

01:23:51Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002288

during the times of crisis,

01:23:53Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002289

DTI acted swiftly to

01:23:55Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002290

protect consumers by issuing price

01:23:57Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002291

freeze bulletins. So we do this

01:23:59Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002292

and we check and monitor on a daily

01:24:01Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002293

basis. We need

01:24:03Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002294

more funds to employ

01:24:04Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002295

more people to address issues

01:24:07Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002296

especially as what mentioned by

01:24:09Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002297

Senator Tulfo, as

01:24:11Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002298

there's a surge of products being sold in the

01:24:13Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002299

e-commerce platform. So we are requesting

01:24:15Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002300

actually 21.6 million

01:24:17Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002301

for this, to upgrade

01:24:19Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002302

technology for market

01:24:21Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002303

monitoring, enforcement, and consumer

01:24:23Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002304

assistance.

01:24:25Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002305

DTI's financial performance,

01:24:27Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002306

for fiscal year 2025,

01:24:30Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002307

the DTI had total available

01:24:31Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002308

appropriations of 12.111

01:24:35Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002309

billion pesos.

01:24:36Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002310

Of this amount, 10.202

01:24:38Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002311

billion pesos was

01:24:39Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002312

obligated, equivalent to

01:24:41Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002313

87.8%

01:24:43Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002314

obligation rate.

01:24:45Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002315

The reason why we were not able to fully

01:24:47Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002316

utilize this is because the release of

01:24:50Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002317

the fourth quarter insertions

01:24:52Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002318

was late, which

01:24:54Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002319

amounted to 785

01:24:56Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002320

million.

01:24:57Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002321

For fiscal year 2026, as of

01:24:59Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002322

June 30, DTI had available

01:25:02Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002323

appropriations of 12.133

01:25:04Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002324

billion. Of this

01:25:06Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002325

amount, 5.90

01:25:08Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002326

billion pesos was

01:25:10Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002327

obligated, equivalent to 46.5%

01:25:13Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002328

obligation rate

01:25:14Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002329

for the first semester.

01:25:16Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002330

So disbursement reached

01:25:18Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002331

3.789 billion, or

01:25:20Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002332

74.4% of obligation.

01:25:22Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002333

So we are on track.

01:25:24Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002334

For the COA findings and

01:25:26Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002335

recommendations with management,

01:25:27Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002336

on fiscal year 2025,

01:25:29Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002337

Commission on Audit Findings and

01:25:31Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002338

Recommendations, DTI

01:25:33Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002339

included the required details

01:25:35Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002340

in the full submission to the committee.

01:25:38Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002341

We take the COA findings

01:25:39Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002342

seriously. The department has

01:25:41Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002343

provided management comments and

01:25:43Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002344

corresponding actions on the findings

01:25:45Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002345

and we commit to continue addressing

01:25:47Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002346

these recommendations in

01:25:49Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002347

coordination with the COA

01:25:51Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002348

and concerned DTI office, attached

01:25:53Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002349

agencies and corporations.

01:25:56Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002350

Reports on earmarking

01:25:57Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002351

revenues and off-budget accounts.

01:25:59Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002352

The department also submitted the required

01:26:02Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002353

reports on earmarked revenues and

01:26:03Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002354

off-budget accounts where applicable.

01:26:06Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002355

These include

01:26:07Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002356

relevant special accounts revolving

01:26:10Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002357

funds, retained income

01:26:11Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002358

and other authorized accounts of

01:26:13Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002359

concerned DTI offices, attached

01:26:15Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002360

agencies and corporations.

01:26:17Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002361

These reports are included

01:26:19Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002362

in the full deck to ensure the transparency

01:26:21Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002363

on receipts, expenditures

01:26:23Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002364

and fund balances.

01:26:26Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002365

Mr. Chair,

01:26:27Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002366

the fiscal year

01:26:29Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002367

2027 DTI budget reflects

01:26:32Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002368

clear priorities, expanding

01:26:34Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002369

trade and investment. So we need to

01:26:36Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002370

promote the Philippines as

01:26:38Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002371

an investment

01:26:40Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002372

haven in

01:26:41Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002373

Southeast Asia. So

01:26:44Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002374

we need to develop competitive

01:26:45Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002375

MSMEs and really drive them

01:26:47Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002376

to level up

01:26:50Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002377

also and industries

01:26:51Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002378

and protecting

01:26:53Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002379

consumers. Every export

01:26:55Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002380

shipment creates opportunities,

01:26:57Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002381

not just for the exporters, but also

01:26:59Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002382

for farmers, workers and the small and

01:27:01Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002383

medium enterprises. Every

01:27:03Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002384

investment projects

01:27:05Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002385

project creates jobs.

01:27:07Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002386

Every MSME that grows strengthens

01:27:10Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002387

local opportunities. We need to provide

01:27:12Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002388

avenues and opportunities

01:27:13Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002389

for MSMEs as they

01:27:15Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002390

start

01:27:17Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002391

creating their products and really

01:27:19Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002392

moving to greater heights

01:27:21Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002393

by providing market access and

01:27:23Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002394

finance for them. With the support

01:27:25Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002395

of the Senate, DTI will continue to

01:27:26Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002396

open more doors for

01:27:29Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002397

Filipino businesses, help them succeed

01:27:31Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002398

in domestic and global markets

01:27:32Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002399

and ensure that the benefits of

01:27:35Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002400

growth are felt by every Filipino.

01:27:37Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002401

With the strong partnerships

01:27:39Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002402

with private sector, we will continue

01:27:41Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002403

to carry out our mandate with

01:27:42Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002404

urgency, determination and purpose

01:27:45Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002405

to build a more competitive,

01:27:47Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002406

innovative and inclusive

01:27:48Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002407

Philippine economy. Good afternoon

01:27:51Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002408

Senator

01:27:52Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002409

and Mr. Chair.

01:27:54Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002410

Thank you very much, Secretary.

01:27:56Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002411

So, thank you for your presentation.

01:27:59Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002412

I've handled the DTI budget

01:28:01Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002413

in the past and

01:28:02Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002414

sabi ko nga,

01:28:04Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002415

it's just too low, 10 billion.

01:28:07Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002416

I'll be handling the

01:28:08Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002417

DepEd budget in October. That's

01:28:11Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002418

almost

01:28:11Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002419

a trillion pesos, about

01:28:14Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002420

100 times your budget. So, we really need

01:28:16Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002421

to increase your budget. But

01:28:18Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002422

before we go there, maybe I have

01:28:20Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002423

some questions that you can help us answer.

01:28:23Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002424

So, unang una,

01:28:24Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002425

we had talked offline

01:28:26Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002426

about increasing the budget for investment

01:28:29Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002427

promotion and trade fairs.

01:28:31Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002428

So, if we were to increase

01:28:33Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002429

that budget, where would it go?

01:28:35Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002430

Could we flash

01:28:37Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002431

the last slide, please?

01:28:39Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002432

Osek, probably, no?

01:28:43Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002433

Osek siya. Under what item

01:28:45Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002434

would we augment if we were

01:28:47Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002435

to promote or if we were to augment

01:28:49Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002436

the budget for trade fairs?

01:28:51Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002437

Export and investment

01:28:53Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002438

promotions and then

01:28:55Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002439

for the consumer.

01:28:56Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002442

Osek funds, in general.

01:29:04Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002444

Osek funds.

01:29:06Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002445

We put it in the Osek

01:29:08Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002446

funds here. Ito ba yan?

01:29:10Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002447

Yes.

01:29:12Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002448

We don't have a breakdown of the

01:29:14Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002449

Osek funds, no? Yung MOUE.

01:29:16Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002450

Is it there in the presentation?

01:29:18Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002451

Kung wala,

01:29:20Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002452

we can just take it offline before

01:29:22Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002453

the plenary. But definitely,

01:29:24Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002454

there is an item under Osek, which is a

01:29:26Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002455

export and trade promotion.

01:29:28Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002456

Investment promotion.

01:29:30Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002457

Investment promotion. So, currently,

01:29:32Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002458

how much money do we have

01:29:34Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002459

for trade fairs,

01:29:36Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002460

investment promotions?

01:29:38Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002461

What's the current

01:29:40Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002462

MOUE for that?

01:29:42Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002463

Hindi naman pwede yung PS kasi

01:29:44Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002464

that's plantilla, diba? But for the MOUE,

01:29:46Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002465

do we have

01:29:48Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002466

si Director Pearl can also

01:29:50Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002467

be the one to answer kung gusto niya po.

01:29:52Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002468

Okay.

01:29:54Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002469

Sige, I'll have

01:29:56Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002470

Director One.

01:29:58Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002471

Sige, go ahead.

01:30:03Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002472

Yes ma'am

01:30:06Source

DTI Finance Service Director Maria Asuncion H. Cruzada

asr-002473

Good afternoon senator

01:30:07Source

DTI Finance Service Director Maria Asuncion H. Cruzada

asr-002474

So for

01:30:08Source

DTI Finance Service Director Maria Asuncion H. Cruzada

asr-002475

For the OSEC proper

01:30:11Source

DTI Finance Service Director Maria Asuncion H. Cruzada

asr-002476

We have the

01:30:13Source

DTI Finance Service Director Maria Asuncion H. Cruzada

asr-002477

OO1 for exports

01:30:15Source

DTI Finance Service Director Maria Asuncion H. Cruzada

asr-002478

So we have right now a budget

01:30:17Source

DTI Finance Service Director Maria Asuncion H. Cruzada

asr-002479

Of

01:30:18Source

DTI Finance Service Director Maria Asuncion H. Cruzada

asr-002480

997.3 million

01:30:21Source

DTI Finance Service Director Maria Asuncion H. Cruzada

asr-002481

For 2026

01:30:23Source

DTI Finance Service Director Maria Asuncion H. Cruzada

asr-002482

But it was reduced

01:30:25Source

DTI Finance Service Director Maria Asuncion H. Cruzada

asr-002483

Under the 2027

01:30:27Source

DTI Finance Service Director Maria Asuncion H. Cruzada

asr-002484

For 997

01:30:28Source

DTI Finance Service Director Maria Asuncion H. Cruzada

asr-002485

For the trade fairs

01:30:31Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002486

Is it under that?

01:30:33Source

DTI Finance Service Director Maria Asuncion H. Cruzada

asr-002487

It's under

01:30:33Source

DTI Finance Service Director Maria Asuncion H. Cruzada

asr-002488

MSME development

01:30:38Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002489

Do you differentiate

01:30:39Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002490

Yung local trade fair

01:30:40Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002491

Tsaka international trade fair?

01:30:42Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002492

Or basta trade fair is under MSME development?

01:30:45Source

DTI Finance Service Director Maria Asuncion H. Cruzada

asr-002493

So no po

01:30:46Source

DTI Finance Service Director Maria Asuncion H. Cruzada

asr-002494

The local trade fairs

01:30:49Source

DTI Finance Service Director Maria Asuncion H. Cruzada

asr-002495

Is under the MSME development

01:30:51Source

DTI Finance Service Director Maria Asuncion H. Cruzada

asr-002496

But for international trade fairs

01:30:53Source

DTI Finance Service Director Maria Asuncion H. Cruzada

asr-002497

Usually our SITEM

01:30:55Source

DTI Finance Service Director Maria Asuncion H. Cruzada

asr-002498

Are the ones handling

01:30:56Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002499

So it's the budgets with SITEM

01:30:57Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002500

Okay

01:30:58Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002501

No senator

01:31:00Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002502

No not all

01:31:01Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002503

EMB has their own trade fairs

01:31:04Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002504

Which is 20

01:31:04Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002505

And then si SITEM

01:31:06Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002506

Meron din silang

01:31:07Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002507

Meron din sariling trade fair

01:31:09Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002508

So for the budget of

01:31:12Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002509

The 900

01:31:13Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002510

Ang kasama dun po

01:31:15Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002511

Is the 20 international trade fair

01:31:17Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002512

So we want sana to join

01:31:20Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002513

More trade fairs

01:31:21Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002514

So that we can

01:31:22Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002515

That's under OO1

01:31:23Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002516

Yes

01:31:25Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002517

Di naman zero yan

01:31:26Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002518

OO1 yan diba?

01:31:27Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002519

OO1?

01:31:27Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002520

OO1?

01:31:27Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002521

That's what you're referring to

01:31:29Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002522

Secretary Roque

01:31:30Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002523

Yes

01:31:31Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002524

Okay

01:31:32Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002525

So for everyone's information

01:31:34Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002526

We also

01:31:36Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002527

We've also filed a bill

01:31:39Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002528

On creating a

01:31:42Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002529

Philippine agency for the creative economy

01:31:44Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002530

Which can be

01:31:45Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002531

Which can give arms and legs to the

01:31:48Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002532

To the council

01:31:49Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002533

That was created previously

01:31:51Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002534

And the idea there is that

01:31:53Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002535

Similar to what Korea does

01:31:56Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002536

With their COCA

01:31:56Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002537

Is we have an agency

01:31:57Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002538

That supports

01:31:59Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002539

The creative economy abroad

01:32:01Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002540

So we just use the term

01:32:03Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002541

Trade fair loosely

01:32:04Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002542

It could actually be a fair

01:32:06Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002543

It could be other market opportunities

01:32:08Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002544

For our creative economy

01:32:09Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002545

So we're supporting that here

01:32:11Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002546

Secretary Roque is also very supportive

01:32:13Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002547

But of course as you know

01:32:15Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002548

A bill will probably take a year to pass

01:32:17Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002549

And to get implemented

01:32:18Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002550

But maybe we can start already

01:32:21Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002551

By augmenting certain budgets

01:32:23Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002552

To be able to create some space

01:32:26Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002553

Some fiscal space

01:32:27Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002554

For

01:32:27Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002555

Filipino artists

01:32:29Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002556

Or creatives

01:32:30Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002557

As they go abroad

01:32:31Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002558

So we're very interested

01:32:33Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002559

To support that

01:32:34Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002560

To see where it's in the current

01:32:36Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002561

Setup

01:32:37Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002562

And if need be

01:32:38Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002563

To augment it further

01:32:39Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002564

So

01:32:42Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002565

We can just talk

01:32:44Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002566

Separately

01:32:47Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002567

Siguro

01:32:48Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002568

SITEM I think supports

01:32:49Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002569

With the booths

01:32:50Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002570

Diba

01:32:50Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002571

But this is

01:32:52Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002572

Not necessarily

01:32:53Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002573

Strictly a trade fair

01:32:55Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002574

But exploring other opportunities

01:32:57Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002575

For

01:32:57Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002576

Philippine products

01:32:59Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002577

And artists also

01:33:00Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002578

I know that the creative economy

01:33:02Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002579

Is also a pillar

01:33:03Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002580

Diba that we want to pursue

01:33:04Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002581

So we can talk offline na lang

01:33:07Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002582

On where to put it

01:33:09Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002583

If we were to support this

01:33:10Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002584

Before the law is passed

01:33:12Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002585

So I'm assuming we can get this passed

01:33:14Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002586

Next year

01:33:15Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002587

So even before that

01:33:17Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002588

Baka we can already start supporting

01:33:18Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002589

Our artists and creatives

01:33:20Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002590

But off the top of your head

01:33:24Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002591

Secretary

01:33:24Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002592

Where would it be good to augment

01:33:27Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002593

With science?

01:33:27Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002594

With SITEM

01:33:28Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002595

Or with OO1

01:33:29Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002596

Or with OO3

01:33:30Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002597

If the goal is to support

01:33:32Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002598

And their

01:33:36Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002599

Their introduction

01:33:38Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002600

Or their support for them

01:33:39Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002601

As they go global

01:33:40Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002602

So where could we put it po kaya?

01:33:44Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002603

Thank you for that

01:33:45Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002604

Honorable Senator

01:33:46Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002605

Actually

01:33:47Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002606

In OO1

01:33:48Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002607

Because

01:33:49Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002608

Hawak ng DTI

01:33:51Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002609

So when we promote the products

01:33:52Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002610

We can also promote

01:33:53Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002611

The creative economy

01:33:55Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002612

International

01:33:56Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002613

Kasi now

01:33:57Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002614

The budget given to us

01:33:58Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002615

Is 50 million

01:33:59Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002616

For the creative industry

01:34:00Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002617

So

01:34:01Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-002618

Yes

01:34:03Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002619

We need to augment that

01:34:04Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002620

So the idea po dyan

01:34:06Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002621

If I may just share

01:34:07Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002622

And

01:34:08Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002623

Obviously when we have the hearings

01:34:09Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002624

DTI will be

01:34:11Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002625

Will be there

01:34:12Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002626

Because it will be an attached

01:34:13Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002627

Agency to DTI

01:34:14Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002628

So again

01:34:15Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002629

The idea is

01:34:16Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002630

To have

01:34:18Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002631

A similar agency

01:34:19Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002632

To what

01:34:20Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002633

Korea had

01:34:22Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002634

Which is KOKA

01:34:23Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002635

Which is the

01:34:24Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002636

Korean Creative Content Agency

01:34:26Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002637

This is a

01:34:27Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002638

This agency

01:34:28Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002639

Many many years ago

01:34:29Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002640

Like decades ago

01:34:30Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002641

Started really

01:34:31Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002642

Identifying

01:34:33Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002643

Where the

01:34:34Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002644

Korean creative

01:34:36Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002645

Economy

01:34:37Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002646

Could go

01:34:38Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002647

And they identified

01:34:40Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002648

The

01:34:40Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002649

K-pop

01:34:41Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002650

Korean novellas

01:34:43Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002651

And even until today

01:34:44Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002652

When they

01:34:45Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002653

Quote unquote

01:34:47Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002654

Export

01:34:48Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002655

Their creative

01:34:49Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002656

Their creative economy

01:34:52Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002657

That agency is behind everything

01:34:54Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002658

And

01:34:55Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002659

They've created

01:34:57Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002660

Inroads

01:34:57Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002661

In terms of market opportunities abroad

01:35:00Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002662

But they've also organized

01:35:02Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002663

Their creative economy

01:35:03Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002664

To focus on certain things also

01:35:06Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002665

Para

01:35:06Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002666

May efficiency rin sila

01:35:08Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002667

And I remember

01:35:09Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002668

Before joining politics

01:35:11Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002669

This was probably

01:35:12Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002670

2012 or 2011

01:35:15Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002671

I was in an international forum

01:35:17Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002672

Where the Korean Prime Minister

01:35:20Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002673

At that time

01:35:21Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002674

Talked about how

01:35:22Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002675

The creative economy

01:35:23Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002676

Was one of their pillars

01:35:24Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002677

How they created this agency

01:35:26Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002678

To support that

01:35:27Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002679

And lo and behold

01:35:28Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002680

14 years later

01:35:30Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002681

You've got

01:35:31Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002682

K-pop

01:35:32Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002683

The Korean novellas

01:35:33Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002684

And all of that

01:35:34Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002685

So

01:35:34Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002686

Hindi yun luck

01:35:35Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002687

They really

01:35:36Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002688

Programmed it

01:35:37Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002689

They

01:35:38Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002690

They planned for it

01:35:39Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002691

They supported it

01:35:40Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002692

And now

01:35:41Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002693

It's such a huge part

01:35:42Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002694

Of their

01:35:43Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002695

Economy

01:35:44Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002696

So we want to say

01:35:45Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002697

Something similar

01:35:46Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002698

Initially

01:35:47Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002699

It can still be changed

01:35:48Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002700

But the idea that we had

01:35:50Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002701

Was

01:35:50Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002702

To create

01:35:51Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002703

PACE

01:35:51Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002704

The Philippine Agency

01:35:52Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002705

For the Creative Economy

01:35:54Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002706

I know that there's

01:35:55Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002707

A Creative Economy Council

01:35:56Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002708

Already

01:35:57Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002709

And the Council

01:35:59Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002710

I think is

01:35:59Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002711

Very top level

01:36:01Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002712

So maganda

01:36:02Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002713

To have arms and legs

01:36:03Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002714

To this agency

01:36:04Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002715

And

01:36:05Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002716

We're hoping that

01:36:07Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002717

Next year

01:36:09Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002718

We can probably

01:36:09Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002719

Tackle this

01:36:10Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002720

But

01:36:11Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002721

As of today

01:36:12Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002722

Or as of next year's budget

01:36:13Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002723

Baka we can already

01:36:14Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002724

Start supporting

01:36:15Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002725

Our creative economy

01:36:17Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002726

In the global scene

01:36:19Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002727

So actually

01:36:20Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002728

Even this week

01:36:21Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002729

We've got

01:36:22Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002730

SB19

01:36:24Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002731

Beanie

01:36:24Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002732

Forgotten Island

01:36:25Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002733

So much Ube

01:36:26Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002734

Everywhere in the world

01:36:28Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002735

Parang

01:36:28Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002736

So many opportunities

01:36:30Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002737

To promote

01:36:31Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002738

Our products

01:36:32Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002739

Our culture

01:36:33Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002740

Our creatives

01:36:34Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002741

And

01:36:35Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002742

To be honest

01:36:36Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002743

Many of these artists

01:36:37Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002744

Who of course

01:36:37Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002745

Come to our office also

01:36:39Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002746

Yung pakiramdam nila

01:36:40Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002747

Is that when they go abroad

01:36:41Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002748

They're on their own

01:36:42Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002749

Walang sumusuporta

01:36:44Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002750

Wala silang matawagan

01:36:46Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002751

Kung may mangyaring

01:36:47Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002752

Masama

01:36:47Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002753

And

01:36:48Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002754

There's so much opportunity

01:36:50Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002755

That we can do together

01:36:51Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002756

And again

01:36:52Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002757

The Secretary and I

01:36:53Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002758

Have talked offline

01:36:54Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002759

That this is something

01:36:54Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002760

We can pursue

01:36:55Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002761

Moving forward

01:36:56Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002762

So

01:36:57Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002763

We have the beginnings

01:36:59Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002764

Of that with the bill

01:37:00Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002765

But

01:37:01Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002766

Hopefully

01:37:02Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002767

We can see something

01:37:03Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002768

Already in the budget

01:37:04Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002769

Next year

01:37:05Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002770

So that's my first agenda

01:37:07Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002771

Second agenda

01:37:08Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002772

MSMEs

01:37:10Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002773

So

01:37:11Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002774

As many of you know

01:37:12Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002775

Since marami ko sa inyo

01:37:13Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002776

Matagal na rin sa DTI

01:37:15Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002777

Si Yusek Rodolfo

01:37:16Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002778

Is there

01:37:17Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002779

In my first term

01:37:20Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002780

We supported the

01:37:21Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002781

Go Negosyo Act

01:37:22Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002782

Which created the

01:37:23Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002783

Negosyo Centers

01:37:24Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002784

And we wanna see

01:37:25Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002785

More support for

01:37:26Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002786

Our MSMEs

01:37:27Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002787

So unang una

01:37:28Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002788

The MS

01:37:29Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002789

The Negosyo Center

01:37:30Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002790

Online project

01:37:30Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002791

I think is something

01:37:31Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002792

Really

01:37:32Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002793

Something important

01:37:33Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002794

That we can support

01:37:34Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002795

As we all know

01:37:36Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002796

70% of the concerns

01:37:39Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002797

At the Negosyo Center

01:37:40Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002798

Is really information

01:37:41Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002799

And

01:37:42Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002800

When we first

01:37:43Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002801

Did that law

01:37:43Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002802

It was 2014

01:37:44Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002803

So 12 years ago

01:37:46Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002804

And

01:37:47Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002805

The idea of having

01:37:49Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002806

A brick and mortar place

01:37:50Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002807

For our MSMEs

01:37:51Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002808

To go to

01:37:52Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002809

Is important

01:37:53Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002810

Kasi kailangan

01:37:54Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002811

May manapupuntahan

01:37:55Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002812

And I would always say

01:37:56Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002813

By supporting this law

01:37:58Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002814

And having it passed

01:37:59Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002815

And having it implemented

01:38:00Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002816

For the first few years

01:38:01Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002817

It forced DTI

01:38:04Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002818

To have

01:38:04Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002819

To have

01:38:06Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002820

Localized offices

01:38:08Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002821

Na pwede mapuntahan

01:38:09Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002822

Ng mga MSMEs

01:38:10Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002823

Really forcing the issue

01:38:11Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002824

That we need to reach out

01:38:13Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002825

To the sector

01:38:14Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002826

Maybe the next iteration

01:38:17Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002827

Is really

01:38:18Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002828

Supporting the Negosyo Center

01:38:21Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002829

The Negosyo Center

01:38:22Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002830

Online project

01:38:23Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002831

That can be a next iteration

01:38:24Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002832

And as I've said before

01:38:26Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002833

With all of the tools

01:38:28Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002834

That are available

01:38:29Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002835

One thing that we're still

01:38:31Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002836

Looking for is

01:38:32Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002837

If I'm a

01:38:33Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002838

MSME in Tarlac

01:38:35Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002839

And I have a product to sell

01:38:37Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002840

I can

01:38:37Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002841

Go to my Negosyo Center

01:38:39Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002842

Or go online

01:38:40Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002843

And see

01:38:41Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002844

Who are my

01:38:42Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002845

Possible suppliers

01:38:43Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002846

Who are my possible

01:38:44Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002847

Who are my possible

01:38:47Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002848

Market opportunities

01:38:48Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002849

Na currently

01:38:49Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002850

Hindi pa nagtatahitahin

01:38:51Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002851

Yung mga Negosyo Centers

01:38:52Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002852

So hopefully

01:38:52Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002853

This effort

01:38:54Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002854

To really bring it online

01:38:55Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002855

With a directory

01:38:56Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002856

With all of the business names

01:38:57Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002857

And everything

01:38:58Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002858

Can really create

01:38:59Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002859

That linkage

01:39:01Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002860

That we're looking for

01:39:02Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002861

So we're happy

01:39:04Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002862

To support that

01:39:05Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002863

Further

01:39:05Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002864

And again

01:39:06Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002865

We can talk offline

01:39:07Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002866

Kung nasaan po siya dyan

01:39:09Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002867

Baka sa ROG

01:39:11Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002868

Maybe with the regional

01:39:12Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002869

I don't know

01:39:14Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002870

Or sa e-commerce ba

01:39:15Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002871

Hindi ko alam

01:39:15Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002872

But we do want to see

01:39:17Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002873

This up already

01:39:18Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002874

Si Negosyo Center online

01:39:19Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002875

It can be a separate push

01:39:21Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002876

Apart from the

01:39:23Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002877

From what we see here

01:39:24Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002878

Or it can be an

01:39:25Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002879

Extra push

01:39:26Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002880

To really

01:39:27Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002881

See this online

01:39:28Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002882

Yung isang challenge ko rin

01:39:30Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002883

Sa inyong lahat

01:39:31Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002884

And we had the hearing here

01:39:33Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002885

Secretary Roque

01:39:33Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002886

Was kind enough to join us

01:39:35Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002887

Is also

01:39:36Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002888

MSME protection

01:39:37Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002889

And this is I think

01:39:39Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002890

Something that

01:39:40Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002891

We don't see yet here

01:39:41Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002892

We have consumer protection

01:39:43Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002893

But we don't have

01:39:46Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002894

MSME protection

01:39:47Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002895

Because a lot of our

01:39:48Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002896

MSMEs are also

01:39:49Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002897

Getting harassed

01:39:50Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002898

Unfortunately

01:39:50Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002899

Sometimes by government

01:39:52Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002900

As well

01:39:52Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002901

And

01:39:54Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002902

This has been

01:39:56Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002903

My suggestion

01:39:57Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002904

To Secretary Lopez

01:39:59Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002905

Pa actually

01:39:59Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002906

From the previous administration

01:40:01Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002907

Na

01:40:02Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002908

Ang hinahanap ng mga MSMEs natin

01:40:05Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002909

Hindi lang yung support

01:40:06Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002910

Which we provide

01:40:07Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002911

In different ways

01:40:08Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002912

Through financing

01:40:09Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002913

Through training

01:40:09Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002914

Through the

01:40:10Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002915

Negosyo Centers

01:40:11Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002916

And the programs

01:40:12Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002917

And the trade promotion

01:40:13Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002918

They're also looking for protection

01:40:15Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002919

Because many of them

01:40:16Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002920

Feel that

01:40:17Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002921

Again

01:40:18Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002922

They're out

01:40:18Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002923

They're on their own

01:40:19Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002924

Kapag may nangharas

01:40:21Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002925

Sa kanila

01:40:21Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002926

So what I would also like to see

01:40:23Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002927

And again

01:40:24Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002928

We can talk about this

01:40:25Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002929

Before we go

01:40:26Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002930

Before we get to plenary

01:40:26Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002931

Is

01:40:27Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002932

Where

01:40:29Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002933

In the setup of DTI

01:40:32Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002934

Can an MSME go

01:40:33Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002935

Kapag merong harassment

01:40:35Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002936

Kapag merong

01:40:36Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002937

Concerns with

01:40:37Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002938

Ease of doing business

01:40:39Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002939

You know

01:40:40Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002940

We say ease of doing business

01:40:41Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002941

But

01:40:41Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002942

We really mean corruption

01:40:43Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002943

Sa totoo lang

01:40:44Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002944

Diba

01:40:44Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002945

I mean

01:40:44Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002946

Lahat na mga

01:40:46Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002947

Chambers of Commerce

01:40:47Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002948

Lahat na mga

01:40:48Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002949

Business clubs

01:40:50Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002950

They'll just say

01:40:51Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002951

Oh kulang po

01:40:52Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002952

Ng ease of doing business

01:40:53Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002953

But when you probe further

01:40:54Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002954

Ang ibig sabihin nila

01:40:55Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002955

Hinaharasan

01:40:56Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002956

Sila

01:40:56Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002957

So in that hearing

01:40:57Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002958

We actually met

01:40:59Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002959

With the BIR Commissioner

01:41:00Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002960

And the Deputy Commissioner

01:41:02Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002961

After that hearing

01:41:03Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002962

That we had

01:41:03Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002963

And

01:41:04Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002964

They've opened up

01:41:06Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002965

A separate

01:41:08Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002966

Way to complain

01:41:09Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002967

And the few

01:41:11Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002968

That we've raised to them

01:41:12Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002969

Have actually been

01:41:13Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002970

Very positive

01:41:14Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002971

Meaning

01:41:15Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002972

Na-actionan po nila

01:41:16Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002973

The lady

01:41:19Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002974

Si Ma'am Yoli

01:41:20Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002975

Who testified

01:41:21Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002976

In our hearing

01:41:22Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002977

And talked about

01:41:23Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002978

Her concerns with

01:41:24Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002979

BIR

01:41:24Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002980

Na-actionan na mo niya

01:41:25Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002981

Aksyonan naman po

01:41:26Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002982

And

01:41:27Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002983

In fact the Commissioner

01:41:28Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002984

Was kind enough

01:41:29Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002985

To meet with her also

01:41:30Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002986

To address her concerns

01:41:31Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002987

Directly

01:41:32Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002988

So ano po

01:41:33Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002989

Sek

01:41:33Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002990

I'm hoping

01:41:34Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002991

That alongside

01:41:35Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002992

Consumer protection

01:41:37Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002993

That we've had

01:41:38Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002994

For years

01:41:39Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002995

We can develop

01:41:40Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002996

An MSME

01:41:41Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002997

Protection desk

01:41:43Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002998

Na

01:41:44Source

Senator Paolo Benigno "Bam" Aquino IV

asr-002999

Pwedeng

01:41:45Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003000

Ma-activate

01:41:46Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003001

And that's something

01:41:47Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003002

Also we're happy

01:41:48Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003003

To support

01:41:49Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003004

I don't know

01:41:50Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003005

Kung saan niyo po

01:41:50Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003006

Siya ilalagay

01:41:51Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003007

Hanapin natin

01:41:53Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003008

Kung saan siya

01:41:53Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003009

Magandang

01:41:54Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003010

Diba

01:41:55Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003011

And we can fund that

01:41:58Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003012

Further

01:41:58Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003013

So we can really be

01:42:01Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003014

More

01:42:01Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003015

Proactive

01:42:03Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003016

And more responsive

01:42:04Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003017

Pagating sa mga problema

01:42:06Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003018

Ng MSMEs natin

01:42:07Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003019

Si Senator Tulfo

01:42:10Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003020

Kanina sabi niya

01:42:11Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003021

Napakaraming

01:42:13Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003022

Nagko-complain

01:42:13Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003023

Sa kanila

01:42:14Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003024

Sa amin rin po

01:42:15Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003025

After the hearing

01:42:16Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003026

We had like

01:42:17Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003027

Honestly

01:42:18Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003028

Napakaraming complaints

01:42:20Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003029

Na dumating rin po

01:42:21Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003030

Sa amin

01:42:21Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003031

And what we want

01:42:23Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003032

Our countrymen

01:42:24Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003033

To feel

01:42:24Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003034

Is that

01:42:25Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003035

Kapag meron silang problema

01:42:26Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003036

Meron silang mapupuntahan

01:42:27Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003037

That they can actually

01:42:29Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003038

Lean on the agencies

01:42:32Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003039

To be on their side

01:42:34Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003040

Diba

01:42:34Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003041

In the same way

01:42:35Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003042

Consumers

01:42:36Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003043

Hopefully

01:42:37Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003044

Kapag may mga problema

01:42:38Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003045

Yung mga produkto

01:42:39Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003046

They can lean on DTI

01:42:40Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003047

To be on their side

01:42:41Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003048

Yung MSMEs natin

01:42:43Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003049

They also need someone

01:42:44Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003050

To be on their side

01:42:46Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003051

And kami naman po

01:42:48Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003052

Mga politiko

01:42:49Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003053

Of course

01:42:49Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003054

They can go to us

01:42:50Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003055

But at the end of the day

01:42:51Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003056

We know

01:42:52Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003057

It's the implementers

01:42:52Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003058

Who are in a better position

01:42:54Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003059

To be their advocate

01:42:56Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003060

So

01:42:57Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003061

That's number

01:42:58Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003062

That's number two

01:43:00Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003063

Sa agenda ko

01:43:01Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003064

Which is

01:43:01Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003065

When we look at

01:43:04Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003066

More support for MSMEs

01:43:05Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003067

And the negosyo centers

01:43:07Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003068

Are one that we want to support

01:43:08Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003069

And of course

01:43:09Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003070

The shared service facilities

01:43:10Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003071

Yung isa rin

01:43:11Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003072

Is to

01:43:12Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003073

Have an MSME

01:43:14Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003074

Protection desk

01:43:15Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003075

No?

01:43:16Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003076

And again

01:43:17Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003077

I will say this much

01:43:18Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003078

Sometimes

01:43:19Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003079

Yung kailangan natin silang

01:43:20Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003080

Protectahan

01:43:21Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003081

Is protectahan

01:43:22Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003082

Sa iba rin

01:43:22Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003083

Government agencies

01:43:24Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003084

To be fair

01:43:27Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003085

The top three complaints

01:43:28Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003086

That we've had

01:43:29Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003087

Is really

01:43:29Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003088

FDA

01:43:30Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003089

BFP

01:43:31Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003090

And BIR

01:43:32Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003091

Si BFP

01:43:33Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003092

Tsaka si BIR

01:43:33Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003093

Have been very responsive

01:43:35Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003094

Si BIR

01:43:36Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003095

Has been very responsive

01:43:38Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003096

And sabi nga nila

01:43:39Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003097

We do want to

01:43:41Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003098

To be more active

01:43:43Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003099

In protecting our MSMEs

01:43:45Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003100

Yung BFP

01:43:46Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003101

In the last hearing

01:43:47Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003102

They changed all of their

01:43:49Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003103

Inspectors in NCR

01:43:50Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003104

I'm sure

01:43:51Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003105

Naririnig nyo rin naman yan

01:43:52Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003106

Yung mga binibentahan

01:43:53Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003107

Nang

01:43:54Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003108

Extinguisher

01:43:55Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003109

Baka tayo dito

01:43:56Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003110

Nabenta ako

01:43:56Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003111

Nabenta na ako ng

01:43:57Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003112

Extinguisher

01:43:58Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003113

Before I joined politics

01:44:00Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003114

So

01:44:00Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003115

To be fair to them

01:44:02Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003116

They have changed

01:44:03Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003117

All of their inspectors

01:44:04Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003118

In NCR

01:44:05Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003119

Because they felt

01:44:06Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003120

That the complaints

01:44:07Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003121

Were just too much already

01:44:08Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003122

And

01:44:09Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003123

They're also trying

01:44:11Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003124

To be more responsive

01:44:12Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003125

To the needs of our MSMEs

01:44:13Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003126

Yung FDA

01:44:15Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003127

Will really need

01:44:16Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003128

More structural reforms

01:44:17Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003129

Kasi

01:44:18Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003130

The number of

01:44:20Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003131

MSMEs

01:44:21Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003132

Or businesses

01:44:22Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003133

That require them

01:44:24Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003134

To be more responsive

01:44:26Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003135

Is just

01:44:27Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003136

Great

01:44:28Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003137

Compared to their capacity

01:44:30Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003138

So

01:44:31Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003139

There has to be

01:44:33Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003140

Some structural change

01:44:34Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003141

With the FDA

01:44:35Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003142

And unfortunately

01:44:36Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003143

FDA is not under DTI

01:44:38Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003144

It's under DOH

01:44:39Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003145

So

01:44:40Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003146

Kukrosover tayo

01:44:42Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003147

Sa ibang ahensya

01:44:42Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003148

But

01:44:43Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003149

A lot of the concerns

01:44:44Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003150

Whether it's cosmetics

01:44:45Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003151

Food

01:44:46Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003152

Umabot ng taon

01:44:50Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003153

Yung inihintay

01:44:51Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003154

Ng mga MSMEs natin

01:44:52Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003155

Pagating sa

01:44:53Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003156

The

01:44:54Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003157

Submissions nila

01:44:56Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003158

Sa FDA

01:44:57Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003159

So

01:44:57Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003160

We're hoping

01:44:58Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003161

We can work on these three

01:45:00Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003162

BIR, BFP, and

01:45:01Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003163

FDA to really support

01:45:03Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003164

our MSMEs better. Pero maganda

01:45:06Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003165

po siguro, SEC, kung meron talagang naka-assign

01:45:08Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003166

na ASEC

01:45:09Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003167

or USEC na

01:45:11Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003168

pagating sa MSME

01:45:13Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003169

protection, ay pwede po tayong

01:45:16Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003170

may matuturo po talaga tayo.

01:45:17Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003171

So we can talk about that separately.

01:45:19Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003172

And if there needs also

01:45:21Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003173

augmentation

01:45:24Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003174

of budget for that effort,

01:45:26Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003175

we can talk about that also.

01:45:28Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003176

Third agenda ko,

01:45:30Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003177

is with regard to

01:45:31Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003178

industries.

01:45:33Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003179

We know that the BPO industry

01:45:36Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003180

and the manufacturing,

01:45:39Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003181

our

01:45:39Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003182

tawag dito, semiconductors

01:45:42Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003183

and manufacturing

01:45:43Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003184

have been supporting our

01:45:46Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003185

economy for so long.

01:45:48Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003186

But these industries,

01:45:50Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003187

I feel, are also at risk.

01:45:52Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003188

So,

01:45:53Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003189

pagating sa BPO

01:45:56Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003190

industry natin, and we've had

01:45:58Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003191

hearings on this also, although the ICT

01:45:59Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003192

yung masumaharap doon,

01:46:01Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003193

I'm sure concern nyo rin naman to,

01:46:03Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003194

is that we need to make sure

01:46:06Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003195

our BPO industry doesn't fail.

01:46:08Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003196

Because they're a huge part of our economy.

01:46:11Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003197

And

01:46:11Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003198

I don't know if in your feed,

01:46:13Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003199

ang lumalabas sa feed natin ngayon

01:46:15Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003200

is that the AI

01:46:17Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003201

is developing

01:46:19Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003202

faster than everybody expected.

01:46:22Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003203

And the first layer

01:46:23Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003204

there would really be the

01:46:25Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003205

low-level,

01:46:27Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003206

lower-level work in the

01:46:29Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003207

BPO industry. But that's also

01:46:31Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003208

the majority of the jobs.

01:46:33Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003209

So, I hope that

01:46:35Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003210

alongside the ICT

01:46:37Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003211

and maybe DOLE

01:46:39Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003212

or other agencies, I hope nag-uusap

01:46:41Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003213

na kayo, Sec, on how to support

01:46:43Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003214

our BPO industry.

01:46:45Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003215

Kasi yung upskilling, ang tagal rin lumabas.

01:46:47Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003216

Diba, napondohan na yan last year.

01:46:50Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003217

Hindi rin naman nangyari yung mga programa.

01:46:53Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003218

And I'm

01:46:55Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003219

raising the concern that

01:46:57Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003220

even if 10%

01:46:59Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003221

of that industry shrinks,

01:47:02Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003222

that's about 100,000

01:47:03Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003223

to 200,000 jobs.

01:47:05Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003224

So, any type of

01:47:07Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003225

shrinkage for the BPO

01:47:09Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003226

and semiconductors will be

01:47:11Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003227

devastating for us.

01:47:13Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003228

So, napag-uusapan nyo ba yan, Sec,

01:47:15Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003229

sa cabinet or sa inyong mga

01:47:17Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003230

sekretaris na kung paano

01:47:19Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003231

maprotektahan at matulungan yung ating

01:47:21Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003232

BPO industry? On the record,

01:47:23Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003233

please. On the mic, please.

01:47:25Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-003234

Yes, Honorable Chair.

01:47:27Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-003235

Actually, in this office,

01:47:29Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-003236

Office of the Secretary, we have

01:47:30Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-003237

a department there that's a special

01:47:33Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-003238

concern. So, we assign now one person.

01:47:35Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-003239

Like, now we have one person

01:47:37Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-003240

that's assigned to the semiconductor.

01:47:39Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-003241

So, all they do is to really check all the

01:47:41Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-003242

semiconductors. Kaso, we just started it.

01:47:43Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-003243

So, the

01:47:45Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-003244

lady will come in on October.

01:47:48Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-003245

So, we plan also

01:47:49Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-003246

yung AI. Then, all the big industries,

01:47:52Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-003247

maglalagay kami ng tao.

01:47:54Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-003248

So, yung concerns lang talaga nila.

01:47:56Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-003249

Not just within the

01:47:57Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-003250

industry, but also we work closely.

01:47:59Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-003251

We'd be second sa Private Sector Advisory

01:48:01Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-003252

Council. So, magkakaroon

01:48:03Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-003253

ng focal person, both

01:48:05Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-003254

for the semiconductors and BPO.

01:48:08Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003255

Okay.

01:48:10Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003256

Yes.

01:48:11Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003257

Well, si AI kasi

01:48:13Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003258

is connected to everything, diba?

01:48:15Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003259

Parang it's

01:48:16Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003260

really connected to all. But,

01:48:19Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003261

specifically, between the BPO

01:48:21Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003262

and the semiconductors

01:48:23Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003263

and our remittances, yun yung tatlong

01:48:25Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003264

pillars ng ekonomiya natin, diba?

01:48:27Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003265

If one falls, everything falls.

01:48:29Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003266

So, with regard to

01:48:31Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003267

the BPO industry, who among

01:48:33Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003268

your ASECs and USECs are assigned

01:48:35Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003269

to take care of the BPO industry?

01:48:40Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-003270

Now, it's under

01:48:41Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-003271

Usec Perry.

01:48:44Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003272

Usec Perry, may mga tanong rin ako

01:48:45Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003273

sa Pax Silica mamaya.

01:48:47Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003274

But, with regard to the BPO,

01:48:51Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003275

whom you've worked with also for a long time,

01:48:54Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003276

I hope you can,

01:48:56Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003277

we can, our office can join, you know.

01:48:57Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003278

But,

01:48:59Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003279

I'm worried that

01:49:00Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003280

they're in denial

01:49:03Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003281

about where

01:49:05Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003282

the sector is headed.

01:49:07Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003283

You know?

01:49:09Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003284

Kasi they will always say, no, the sector is still growing.

01:49:12Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003285

It's growing net.

01:49:14Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003286

Pero, per subsector,

01:49:15Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003287

certain subsectors are already shrinking.

01:49:18Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003288

Diba? So, the growth

01:49:20Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003289

presumes na kaya natin

01:49:21Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003290

mag-upskill kasi the growth is in higher

01:49:23Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003291

order

01:49:24Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003292

skills, diba? So, it presumes na

01:49:27Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003293

meron tayong enough workers,

01:49:29Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003294

and enough people that we have trained or upskilled

01:49:31Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003295

to take on those jobs.

01:49:33Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003296

But, it also

01:49:34Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003297

shows that those

01:49:37Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003298

that will lose their jobs are not necessarily

01:49:39Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003299

the people who will gain the jobs.

01:49:42Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003300

So, kahit sabihin mo nang the sector

01:49:43Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003301

as a whole is growing, or

01:49:45Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003302

lumalaki pa rin siya,

01:49:48Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003303

yung nawawala ng trabaho

01:49:49Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003304

per subsector is not necessarily

01:49:52Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003305

the same set of people.

01:49:53Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003306

Gets mo ko, USEC, no?

01:49:55Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003307

So, even if you say, o sige, as a whole

01:49:57Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003308

lumalaki siya, we're still looking at,

01:49:59Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003309

you know, thousands of jobs that might be lost.

01:50:02Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003310

And ano yung plano,

01:50:03Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003311

ano yung programa, ano yung

01:50:05Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003312

gagawin para sa mga mawawala ng trabaho

01:50:07Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003313

in that sector? Because

01:50:09Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003314

for the past decade, that's the new

01:50:11Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003315

middle class of the Philippines.

01:50:13Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003316

Kapag may shrinkage tayo in any of these sectors,

01:50:16Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003317

it's going to be

01:50:18Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003318

it's devastating

01:50:19Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003319

for that family and as a whole also.

01:50:22Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003320

And much more, if you look at it

01:50:23Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003321

rin on a localized level, because we

01:50:25Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003322

have a lot of BPOs in our next wave

01:50:27Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003323

cities, kunyari,

01:50:29Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003324

saray yung dalawang BPO

01:50:31Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003325

in Iloilo or tatlong BPO sa

01:50:33Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003326

Baguio, for that city,

01:50:35Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003327

it will be tremendous.

01:50:37Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003328

Even as a whole, it may not be

01:50:39Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003329

as large, but for that particular

01:50:41Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003330

locality, laking bagay niyan,

01:50:43Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003331

di ba? So, are we

01:50:45Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003332

already starting the talks

01:50:47Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003333

with them? And because

01:50:49Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003334

honestly, I met with them maybe

01:50:51Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003335

seven months ago, and the development

01:50:53Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003336

of AI from then until now

01:50:55Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003337

has been tremendous also, no?

01:50:57Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003338

Sige po. Thank you.

01:50:59Source

DTI Undersecretary Ceferino S. Rodolfo

asr-003339

So, Honorable Chair, yes, sir,

01:51:01Source

DTI Undersecretary Ceferino S. Rodolfo

asr-003340

nag-uusap na ho tayo,

01:51:03Source

DTI Undersecretary Ceferino S. Rodolfo

asr-003341

lalo na din, sir, with

01:51:05Source

DTI Undersecretary Ceferino S. Rodolfo

asr-003342

TESDA, with

01:51:07Source

DTI Undersecretary Ceferino S. Rodolfo

asr-003343

pamong government, sir, with TESDA

01:51:09Source

DTI Undersecretary Ceferino S. Rodolfo

asr-003344

and CHED, tapos,

01:51:11Source

DTI Undersecretary Ceferino S. Rodolfo

asr-003345

sir, with the industry, sir, kila

01:51:13Source

DTI Undersecretary Ceferino S. Rodolfo

asr-003346

Celeste, yung

01:51:15Source

DTI Undersecretary Ceferino S. Rodolfo

asr-003347

bagong presidente, sir, ngayon

01:51:17Source

DTI Undersecretary Ceferino S. Rodolfo

asr-003348

ng IBPAP. Si Jack,

01:51:19Source

DTI Undersecretary Ceferino S. Rodolfo

asr-003349

di ba? O nina si Jack? Hindi na po si

01:51:21Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003350

Celeste. Celeste na, okay.

01:51:23Source

DTI Undersecretary Ceferino S. Rodolfo

asr-003351

They're the same people we've worked with for 20 years,

01:51:25Source

DTI Undersecretary Ceferino S. Rodolfo

asr-003352

di ba? Oo.

01:51:26Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003353

Oo.

01:51:29Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003354

Well, I think we need to put extra

01:51:31Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003355

focus here because things could

01:51:33Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003356

happen very fast, you know?

01:51:36Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003357

Pusibing domino yan,

01:51:37Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003358

eh. Di ba? One company

01:51:39Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003359

leaves, then magtuloy-tuloy yan.

01:51:42Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003360

So,

01:51:43Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003361

the TESDA

01:51:45Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003362

and the DICT programs,

01:51:47Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003363

has it been launched? I don't think it's even launched

01:51:49Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003364

yet, di ba? We've been talking about that for more

01:51:51Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003365

than a year already.

01:51:52Source

DTI Undersecretary Ceferino S. Rodolfo

asr-003365-split-2

Yes, sir. Although

01:51:53Source

DTI Undersecretary Ceferino S. Rodolfo

asr-003366

may mga,

01:51:54Source

DTI Undersecretary Ceferino S. Rodolfo

asr-003367

alimbawa, sir, sa BOI,

01:51:57Source

DTI Undersecretary Ceferino S. Rodolfo

asr-003368

may mga nakapag-register,

01:51:59Source

DTI Undersecretary Ceferino S. Rodolfo

asr-003369

na, sir, na mga dalawang kompanya

01:52:01Source

DTI Undersecretary Ceferino S. Rodolfo

asr-003370

to offer

01:52:02Source

DTI Undersecretary Ceferino S. Rodolfo

asr-003371

AI-related training services

01:52:05Source

DTI Undersecretary Ceferino S. Rodolfo

asr-003372

for, not just for BPO's,

01:52:07Source

DTI Undersecretary Ceferino S. Rodolfo

asr-003373

but in general, sir. So,

01:52:09Source

DTI Undersecretary Ceferino S. Rodolfo

asr-003374

meron na tayong mga nakakakita who are

01:52:11Source

DTI Undersecretary Ceferino S. Rodolfo

asr-003375

able to tap into the

01:52:13Source

DTI Undersecretary Ceferino S. Rodolfo

asr-003376

EBIT funds. So,

01:52:15Source

DTI Undersecretary Ceferino S. Rodolfo

asr-003377

meron na, sir. So, kailangan lang

01:52:17Source

DTI Undersecretary Ceferino S. Rodolfo

asr-003378

ipokbilisan, sir.

01:52:19Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003379

Yeah. Meron rin ano yan, ha?

01:52:21Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003380

Meron rin, um,

01:52:23Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003381

you know, certain realities.

01:52:26Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003382

Di ba? Certain realities

01:52:27Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003383

that we need to face. Kasi the worst,

01:52:29Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003384

part is, if

01:52:30Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003385

we're just in denial of these things that are

01:52:33Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003386

possibly happening. So, if you're in denial, you're

01:52:35Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003387

also not preparing, di ba? Because

01:52:37Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003388

the answer could simply be

01:52:39Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003389

there's a set of

01:52:41Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003390

skills that we need to

01:52:43Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003391

take on the

01:52:45Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003392

other jobs, no?

01:52:47Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003393

In the business process outsourcing,

01:52:49Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003394

which will be AI-enabled.

01:52:51Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003395

And there are certain jobs which will

01:52:53Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003396

go away,

01:52:56Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003397

di ba? So,

01:52:57Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003398

we need to

01:52:59Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003399

have programs for them. And the answer may not

01:53:01Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003400

necessarily be also in the BPO

01:53:03Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003401

industry, di ba? So,

01:53:05Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003402

we need to

01:53:07Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003403

get everybody on board because

01:53:09Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003404

if this, if we just allow it

01:53:11Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003405

to happen, tapos nangyari na siya,

01:53:13Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003406

it's gonna be devastating. We need to

01:53:15Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003407

be able to have some level of

01:53:17Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003408

preparation and budget,

01:53:19Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003409

you know, for this. We budgeted

01:53:21Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003410

the upskilling,

01:53:23Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003411

some of it went to the ICT,

01:53:25Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003412

some of it went to TESTA. My understanding is that

01:53:27Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003413

those programs haven't really launched,

01:53:29Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003414

to the level that they need to be

01:53:31Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003415

launched at, no? So,

01:53:33Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003416

can we, you know, maybe before

01:53:35Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003417

the plenary, if you can give us a report

01:53:37Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003418

on where things are.

01:53:39Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003419

Because if I'm not mistaken, it was DTI

01:53:41Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003420

that birthed the BPO industry,

01:53:43Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003421

right? Wala naman DICT nun.

01:53:45Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003422

DOST was doing other things. It was really

01:53:47Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003423

DTI in the early 2000s,

01:53:49Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003424

if I'm not mistaken, di ba? So,

01:53:51Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003425

narapat lang na kayo rin yung mag-aalaga

01:53:53Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003426

to make sure that this industry is alive

01:53:55Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003427

and well, no? Moving forward.

01:53:57Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003428

Secretary?

01:53:58Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-003428-split-2

Yes, Honorable Chair.

01:53:59Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-003429

Really, you're correct, no? I just spoke

01:54:01Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-003430

also about a month ago

01:54:03Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-003431

with BPO, and

01:54:05Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-003432

for them, they've increased by 5%.

01:54:07Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-003433

So, I said, oh, that's good. And then

01:54:09Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-003434

what will happen to those? And they said, they're

01:54:11Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-003435

preparing for that. But you're

01:54:13Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-003436

also correct that those that will

01:54:15Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-003437

be affected may not be able to

01:54:17Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-003438

go back to the BPO industry anymore.

01:54:19Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-003439

So, may, and when I spoke to the

01:54:21Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-003440

private sector about what

01:54:23Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-003441

moves can we do for them,

01:54:25Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-003442

and then they said, you need to encourage

01:54:27Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-003443

them to become small and medium.

01:54:29Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-003444

Mag-negosyo sila. So, we can

01:54:31Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-003445

prepare them. So, those who will

01:54:33Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-003446

not go back to the BPO

01:54:35Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-003447

anymore, but they

01:54:37Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-003448

have other opportunities in the

01:54:39Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-003449

mag-negosyo. So,

01:54:41Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-003450

we can encourage them to do that.

01:54:43Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-003451

Although, there are

01:54:45Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-003452

investors that come in, still

01:54:47Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-003453

in the BPO, but let's say sa teleconsult,

01:54:50Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-003454

yung sa healthcare.

01:54:51Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-003455

So, those are the ones that we've been

01:54:53Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-003456

talking to lately

01:54:55Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-003457

because they want the Philippine market,

01:54:57Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-003458

which is almost

01:54:59Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-003459

P115 million, and then they want to use

01:55:01Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-003460

the digital space to reach

01:55:03Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-003461

out to yung nagkukonsulta

01:55:05Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-003462

din. So, those who cannot go to doctors

01:55:07Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-003463

and ano. So, in that industry,

01:55:10Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-003464

we can still see na may mga pumapasok,

01:55:12Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-003465

but in other sectors. So,

01:55:13Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-003466

tama po kayo na yung mga nawalan

01:55:15Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-003467

dito sa BPO because of AI

01:55:17Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-003468

that we need to provide

01:55:19Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-003469

avenues, opportunities

01:55:21Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-003470

for them.

01:55:22Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003470-split-2

Tige, can we have

01:55:23Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003471

some numbers? Share with us

01:55:25Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003472

some numbers, yung nakadetalye, kasi

01:55:27Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003473

kung overall numbers,

01:55:29Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003474

lang kasi it paints a rosy picture na

01:55:31Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003475

palaki pa rin tayo, but if you

01:55:33Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003476

drill down, and then if you drill down

01:55:35Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003477

further to localities, iba pa yun.

01:55:37Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003478

So, the level of planning that we need

01:55:39Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003479

to have is really at a local level.

01:55:41Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003480

It's not at a sectoral level.

01:55:43Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003481

Okay? Anyway, matagal naman tayo

01:55:45Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003482

nagtatrabaho, Yusek. Sige, ano pa?

01:55:47Source

DTI Undersecretary Ceferino S. Rodolfo

asr-003483

Honorable Chair, kung titignan nyo nga ho

01:55:49Source

DTI Undersecretary Ceferino S. Rodolfo

asr-003484

sa IBPAP,

01:55:52Source

DTI Undersecretary Ceferino S. Rodolfo

asr-003485

meron silang forecast

01:55:53Source

DTI Undersecretary Ceferino S. Rodolfo

asr-003486

na jobs

01:55:55Source

DTI Undersecretary Ceferino S. Rodolfo

asr-003487

nasa

01:55:57Source

DTI Undersecretary Ceferino S. Rodolfo

asr-003488

lower end na po yung ina-adapt nila

01:55:59Source

DTI Undersecretary Ceferino S. Rodolfo

asr-003489

ngayon, sir, di ba? So, hindi na yung...

01:56:01Source

DTI Undersecretary Ceferino S. Rodolfo

asr-003490

So, I think there's already a

01:56:02Source

DTI Undersecretary Ceferino S. Rodolfo

asr-003491

realization also on the industry.

01:56:05Source

DTI Undersecretary Ceferino S. Rodolfo

asr-003492

We will comply, Senator.

01:56:07Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003493

So, can we, and our office can join

01:56:09Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003494

you if you're gonna have a roundtable

01:56:11Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003495

because we want to be ahead of it.

01:56:14Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003496

Usually kasi,

01:56:15Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003497

ano tayo, reactive eh. We have to be ahead

01:56:17Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003498

of it, honestly. It's already

01:56:18Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003499

happening faster than everybody expected.

01:56:21Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003500

In fact, in the US, they're calling for a slowdown already.

01:56:24Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003501

Di ba? It's that

01:56:25Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003502

fast that people are asking for a

01:56:27Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003503

slowdown. Can you imagine that?

01:56:29Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003504

Eh, tayo nga, we're not even

01:56:31Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003505

really in the AI space, but we're just

01:56:33Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003506

the, you know, recipients for better

01:56:35Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003507

or for worse of all of these developments. Kailangan

01:56:37Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003508

unahan na natin. And, of course,

01:56:39Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003509

pabalik tayo sa edukasyon, di ba? Whether it's TESDA,

01:56:41Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003510

going back to school, scholarships.

01:56:43Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003511

If people need to be re-skilled, there has to be

01:56:45Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003512

avenues for them to also

01:56:47Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003513

get re-educated

01:56:49Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003514

or go back to school, no?

01:56:51Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003515

Okay. Pax Silica.

01:56:54Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003516

There's a lot

01:56:55Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003517

of confusion,

01:56:56Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003518

Yusek,

01:56:58Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003519

with regard to ano ba talaga

01:57:00Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003520

ang, ano ba talaga yung expectation

01:57:02Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003521

ng tao sa Pax Silica?

01:57:04Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003522

In the hearing that we had,

01:57:06Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003523

the head of,

01:57:09Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003524

the president of BCDA

01:57:10Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003525

said there's no

01:57:12Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003526

data center or no

01:57:14Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003527

hyperscale data center.

01:57:16Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003528

And then later on, in another

01:57:18Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003529

briefing, oh,

01:57:20Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003530

mukhang meron na namang data center.

01:57:23Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003531

Initially, sinabi na

01:57:25Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003532

all energy needs

01:57:26Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003533

will be developed on the data center.

01:57:28Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003534

And then later on, we found

01:57:30Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003535

out na, no, there's

01:57:31Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003536

efforts to purchase from

01:57:33Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003537

other power generators

01:57:36Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003538

which, of course, would affect the grid

01:57:38Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003539

and affect the cost of electricity.

01:57:41Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003540

So we're getting conflicting

01:57:42Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003541

reports. Meron na ba, do we

01:57:44Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003542

have a document already

01:57:46Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003543

about what Pax Silica

01:57:48Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003544

is, what the plans are?

01:57:50Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003545

Is there already a document about

01:57:52Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003546

that? Because what we get are press

01:57:54Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003547

releases, what we get are press

01:57:56Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003548

statements, which can be misunderstood.

01:57:58Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003549

Honestly, and kami rin

01:58:00Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003550

who are here,

01:58:02Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003551

we're basing it on the hearings

01:58:04Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003552

and then later on, we find out

01:58:07Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003553

oh, iba pala yung

01:58:08Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003554

mga plano.

01:58:11Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003555

So, again, for the record,

01:58:13Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003556

are there going to be data centers

01:58:15Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003557

or is it really advanced manufacturing?

01:58:17Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003558

Ano ba talaga?

01:58:19Source

DTI Undersecretary Ceferino S. Rodolfo

asr-003559

Thank you, Senator. Dun po sa

01:58:21Source

DTI Undersecretary Ceferino S. Rodolfo

asr-003560

Clark, wala pong

01:58:23Source

DTI Undersecretary Ceferino S. Rodolfo

asr-003561

data center dun. Talagang advanced

01:58:25Source

DTI Undersecretary Ceferino S. Rodolfo

asr-003562

manufacturing po siya.

01:58:26Source

DTI Undersecretary Ceferino S. Rodolfo

asr-003563

Kaya nga, we really appreciate

01:58:28Source

DTI Undersecretary Ceferino S. Rodolfo

asr-003564

the hearings

01:58:30Source

DTI Undersecretary Ceferino S. Rodolfo

asr-003565

that were, the hearing that was called for

01:58:32Source

DTI Undersecretary Ceferino S. Rodolfo

asr-003566

by the Senate. Dahil

01:58:34Source

DTI Undersecretary Ceferino S. Rodolfo

asr-003567

it's an opportunity for us to put on

01:58:36Source

DTI Undersecretary Ceferino S. Rodolfo

asr-003568

record yung mga dokumento

01:58:38Source

DTI Undersecretary Ceferino S. Rodolfo

asr-003569

natin. So, ang mga

01:58:40Source

DTI Undersecretary Ceferino S. Rodolfo

asr-003570

documents natin are the

01:58:42Source

DTI Undersecretary Ceferino S. Rodolfo

asr-003571

agreements that we

01:58:44Source

DTI Undersecretary Ceferino S. Rodolfo

asr-003572

signed. Tapos

01:58:46Source

DTI Undersecretary Ceferino S. Rodolfo

asr-003573

so, ngayon po dun sa hearing,

01:58:48Source

DTI Undersecretary Ceferino S. Rodolfo

asr-003574

yung mga submission din po ng

01:58:49Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003575

BCDA at saka din po ng DTI.

01:58:52Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003576

So, walang data center

01:58:54Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003577

in Clark. But there's a push

01:58:56Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003578

for more data centers.

01:58:58Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003579

Where are they

01:59:00Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003580

expected to be put up?

01:59:02Source

DTI Undersecretary Ceferino S. Rodolfo

asr-003581

Yung push po for more data centers,

01:59:04Source

DTI Undersecretary Ceferino S. Rodolfo

asr-003582

even wala ho ang

01:59:06Source

DTI Undersecretary Ceferino S. Rodolfo

asr-003583

Pax Silica, meron naman din ho

01:59:08Source

DTI Undersecretary Ceferino S. Rodolfo

asr-003584

talagang push for more data centers.

01:59:11Source

DTI Undersecretary Ceferino S. Rodolfo

asr-003585

Ngayon ho, even as

01:59:12Source

DTI Undersecretary Ceferino S. Rodolfo

asr-003586

we speak, meron na talagang mga data

01:59:14Source

DTI Undersecretary Ceferino S. Rodolfo

asr-003587

centers. Wala na nga akong

01:59:16Source

DTI Undersecretary Ceferino S. Rodolfo

asr-003588

hyperscalers.

01:59:17Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003589

Is there a plan for hyperscalers in the

01:59:20Source

DTI Undersecretary Ceferino S. Rodolfo

asr-003590

Philippines? Hindi po yung

01:59:22Source

DTI Undersecretary Ceferino S. Rodolfo

asr-003591

nakalagay sa Pax Silica, pero

01:59:24Source

DTI Undersecretary Ceferino S. Rodolfo

asr-003592

nakalagay po yun dun sa AI

01:59:26Source

DTI Undersecretary Ceferino S. Rodolfo

asr-003593

roadmap structure,

01:59:28Source

DTI Undersecretary Ceferino S. Rodolfo

asr-003594

third plan ng DICT.

01:59:30Source

DTI Undersecretary Ceferino S. Rodolfo

asr-003595

So, even sa local,

01:59:32Source

DTI Undersecretary Ceferino S. Rodolfo

asr-003596

even sa domestic plans

01:59:34Source

DTI Undersecretary Ceferino S. Rodolfo

asr-003597

natin, meron yung mga yun

01:59:36Source

DTI Undersecretary Ceferino S. Rodolfo

asr-003598

in the areas where they are

01:59:38Source

DTI Undersecretary Ceferino S. Rodolfo

asr-003599

most appropriate to be built.

01:59:40Source

DTI Undersecretary Ceferino S. Rodolfo

asr-003600

Kagaya ho, nang sinasabi

01:59:42Source

DTI Undersecretary Ceferino S. Rodolfo

asr-003601

diba ho sa Clark, hindi pwede

01:59:44Source

DTI Undersecretary Ceferino S. Rodolfo

asr-003602

sa Clark dahil mahirap

01:59:46Source

DTI Undersecretary Ceferino S. Rodolfo

asr-003603

yung tubig, tapos yung kuryente,

01:59:48Source

DTI Undersecretary Ceferino S. Rodolfo

asr-003604

baka magka problema.

01:59:50Source

DTI Undersecretary Ceferino S. Rodolfo

asr-003605

Kaya nga, talagang hindi ho sa Clark

01:59:52Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003606

gagawin. Saan ba yung lugar na okay

01:59:53Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003607

ang tubig at okay ang kuryente sa Pilipinas?

01:59:56Source

DTI Undersecretary Ceferino S. Rodolfo

asr-003608

Kung titignan po natin yung

01:59:58Source

DTI Undersecretary Ceferino S. Rodolfo

asr-003609

sa AI master.

02:00:00Source

DTI Undersecretary Ceferino S. Rodolfo

asr-003610

plan ni DICT. But of course,

02:00:01Source

DTI Undersecretary Ceferino S. Rodolfo

asr-003611

it should be DICT to respond

02:00:03Source

DTI Undersecretary Ceferino S. Rodolfo

asr-003612

to this. But kung titignan po natin,

02:00:06Source

DTI Undersecretary Ceferino S. Rodolfo

asr-003613

may mga na-identify po

02:00:08Source

DTI Undersecretary Ceferino S. Rodolfo

asr-003614

silang corridors.

02:00:10Source

DTI Undersecretary Ceferino S. Rodolfo

asr-003615

Isa po sa corridor doon

02:00:11Source

DTI Undersecretary Ceferino S. Rodolfo

asr-003616

yung mga nasa coastal area.

02:00:13Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003617

Okay. But

02:00:15Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003618

these technically aren't under

02:00:17Source

DTI Undersecretary Ceferino S. Rodolfo

asr-003619

Pax Silica? Under Pax Silica po,

02:00:19Source

DTI Undersecretary Ceferino S. Rodolfo

asr-003620

isa lang po yung proyekto na pinag-uusapan

02:00:21Source

DTI Undersecretary Ceferino S. Rodolfo

asr-003621

pa lang. And that is yung advanced manufacturing.

02:00:24Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003622

Okay. Because

02:00:25Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003623

we're, you know,

02:00:27Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003624

it's bothersome for us that we get

02:00:29Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003625

these reports and then parang iba yung

02:00:31Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003626

naririnig namin sa mga hearing.

02:00:33Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003627

So maybe, ano ba, for once

02:00:35Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003628

and for all, tama ba yung term ko?

02:00:37Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003629

Can you have something on paper?

02:00:39Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003630

That's with you, diba, Yusek?

02:00:41Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003631

Tama ba? Or are you

02:00:43Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003632

not the person for this? Ikaw rin yan, diba?

02:00:45Source

DTI Undersecretary Ceferino S. Rodolfo

asr-003633

DTI and

02:00:46Source

DTI Undersecretary Ceferino S. Rodolfo

asr-003634

the whole of government naman po.

02:00:48Source

DTI Undersecretary Ceferino S. Rodolfo

asr-003635

Yeah, but who is the... Are you the

02:00:50Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003636

head, Secretary? Ikaw bang head ng

02:00:52Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003637

effort na to?

02:00:55Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003638

BCDA is not a secretary

02:00:56Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003639

level. So usually a secretary level

02:00:58Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003640

is on top, diba?

02:01:00Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003641

So is it Secretary Roque or

02:01:02Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003642

Secretary Aguda? Sino bang ano?

02:01:04Source

DTI Undersecretary Ceferino S. Rodolfo

asr-003643

Yun pong pumunta dun sa

02:01:06Source

DTI Undersecretary Ceferino S. Rodolfo

asr-003644

Washington po nung nagpirmahan.

02:01:08Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003645

Okay. Sino ba?

02:01:09Source

DTI Undersecretary Ceferino S. Rodolfo

asr-003645-split-2

So ako po yung

02:01:10Source

DTI Undersecretary Ceferino S. Rodolfo

asr-003646

pumirma and then nang nagpirmahan.

02:01:12Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003646-split-2

Ah, ikaw pala eh.

02:01:14Source

DTI Undersecretary Ceferino S. Rodolfo

asr-003647

Pero I'm fairly authorized

02:01:17Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003648

naman po. Yes. So Secretary Roque.

02:01:19Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003649

Because DTI.

02:01:21Source

DTI Undersecretary Ceferino S. Rodolfo

asr-003650

Yes po, si Secretary Roque.

02:01:23Source

DTI Undersecretary Ceferino S. Rodolfo

asr-003651

Yung economic team po natin.

02:01:24Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003652

Okay. But, sorry, just give me an answer.

02:01:26Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003653

So who is the Secretary?

02:01:28Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003654

Who is responsible

02:01:30Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003655

for this effort? Para lang malinaw.

02:01:32Source

DTI Undersecretary Ceferino S. Rodolfo

asr-003656

Si Secretary Go po.

02:01:34Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003657

Okay. So DOF.

02:01:35Source

DTI Undersecretary Ceferino S. Rodolfo

asr-003658

At saka si sa ES po. Okay. So Secretary

02:01:38Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003659

Go and Secretary Ralph.

02:01:43Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003660

But you are the one

02:01:44Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003661

operating everything, right?

02:01:47Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003662

Secretariat level? Senior official level.

02:01:49Source

DTI Undersecretary Ceferino S. Rodolfo

asr-003663

At cabinet level.

02:01:50Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003664

Sige. Can we have...

02:01:53Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003665

Yeah, I'm sure you have

02:01:54Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003666

your paperwork already, right? Diba?

02:01:56Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003667

So could you submit that before the plenary?

02:01:58Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003668

For DTI. Para lang

02:02:01Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003669

malinaw. I'm sure many senators also

02:02:03Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003670

want to see. Ano ba talaga? Diba?

02:02:05Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003671

And so we can also help in terms

02:02:07Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003672

of clarifying. Okay.

02:02:09Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003673

With regard to the energy

02:02:11Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003674

needs. I remember in the

02:02:13Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003675

hearing, ang sabi, you will

02:02:15Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003676

build your own

02:02:17Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003677

energy generation

02:02:19Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003678

in Clark. Is that true?

02:02:21Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003679

Is that still true?

02:02:22Source

DTI Undersecretary Ceferino S. Rodolfo

asr-003679-split-2

Yes, sir.

02:02:23Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003680

Yes. So bakit may mga efforts

02:02:25Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003681

na bumili sa mga power producers

02:02:27Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003682

in the area? Hindi naman.

02:02:28Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003683

Hindi.

02:02:30Source

DTI Undersecretary Ceferino S. Rodolfo

asr-003684

Ang alam ko, dun po sa

02:02:33Source

DTI Undersecretary Ceferino S. Rodolfo

asr-003685

pakipag-ugnayan natin sa

02:02:34Source

DTI Undersecretary Ceferino S. Rodolfo

asr-003686

BCDA, may mga investors na pong

02:02:36Source

DTI Undersecretary Ceferino S. Rodolfo

asr-003687

kausap para magtatayo

02:02:38Source

DTI Undersecretary Ceferino S. Rodolfo

asr-003688

ng mga embedded power generation

02:02:40Source

DTI Undersecretary Ceferino S. Rodolfo

asr-003689

plants. That's my understanding as well.

02:02:43Source

DTI Undersecretary Ceferino S. Rodolfo

asr-003690

For the Clark Advanced Manufacturing.

02:02:45Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003691

Okay. So the timing kasi,

02:02:46Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003692

and again, Yuseca,

02:02:49Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003693

ano lang kasi, iba-iba

02:02:50Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003694

yung mga balitang nakukuha namin.

02:02:53Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003695

To put up a plant will take

02:02:54Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003696

five to seven years.

02:02:56Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003697

But many of the plants

02:02:58Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003698

are within two years, right?

02:03:00Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003699

2028, 2029. Tama ba?

02:03:02Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003700

Tama. So

02:03:03Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003701

saan po yung kukuha ng kuryente

02:03:06Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003702

kung it takes five years

02:03:08Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003703

to build the plant?

02:03:10Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003704

Mabilis na yun. Pero within

02:03:12Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003705

two years, kailangan nakatayo na yung mga

02:03:14Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003706

facility.

02:03:16Source

DTI Undersecretary Ceferino S. Rodolfo

asr-003707

Hindi naman po sa

02:03:17Source

DTI Undersecretary Ceferino S. Rodolfo

asr-003708

your honors, hindi naman po sa

02:03:20Source

DTI Undersecretary Ceferino S. Rodolfo

asr-003709

simula pa lang malaki na kagal yung

02:03:22Source

DTI Undersecretary Ceferino S. Rodolfo

asr-003710

power requirement.

02:03:24Source

DTI Undersecretary Ceferino S. Rodolfo

asr-003711

Kaya sa simula po ang nakikita natin,

02:03:26Source

DTI Undersecretary Ceferino S. Rodolfo

asr-003712

yung pagkukuha na, yung pinirmaan na po

02:03:28Source

DTI Undersecretary Ceferino S. Rodolfo

asr-003713

po ni BCDA with an agreement

02:03:30Source

DTI Undersecretary Ceferino S. Rodolfo

asr-003714

with an investor.

02:03:32Source

DTI Undersecretary Ceferino S. Rodolfo

asr-003715

Yung invest, again po,

02:03:34Source

DTI Undersecretary Ceferino S. Rodolfo

asr-003716

si BCDA makapagbigay ng mga

02:03:35Source

DTI Undersecretary Ceferino S. Rodolfo

asr-003717

mas accurate na submission.

02:03:38Source

DTI Undersecretary Ceferino S. Rodolfo

asr-003718

But yung pinirmahan nilang

02:03:40Source

DTI Undersecretary Ceferino S. Rodolfo

asr-003719

solar power project with

02:03:42Source

DTI Undersecretary Ceferino S. Rodolfo

asr-003720

ACWA, A-C-W-A.

02:03:44Source

DTI Undersecretary Ceferino S. Rodolfo

asr-003721

It's really a Saudi

02:03:45Source

DTI Undersecretary Ceferino S. Rodolfo

asr-003722

based na company to put up

02:03:48Source

DTI Undersecretary Ceferino S. Rodolfo

asr-003723

a 500 megawatt na

02:03:49Source

DTI Undersecretary Ceferino S. Rodolfo

asr-003724

solar power project with

02:03:51Source

DTI Undersecretary Ceferino S. Rodolfo

asr-003725

battery energy storage facility.

02:03:54Source

DTI Undersecretary Ceferino S. Rodolfo

asr-003726

Tapos po, so yun po yung

02:03:56Source

DTI Undersecretary Ceferino S. Rodolfo

asr-003727

pinaka-immediate na pagkukuha.

02:03:58Source

DTI Undersecretary Ceferino S. Rodolfo

asr-003728

Tapos po, yung

02:04:00Source

DTI Undersecretary Ceferino S. Rodolfo

asr-003729

pangalawa po is the, may

02:04:01Source

DTI Undersecretary Ceferino S. Rodolfo

asr-003730

kinakausap po silang investor

02:04:03Source

DTI Undersecretary Ceferino S. Rodolfo

asr-003731

for two things. Number one,

02:04:06Source

DTI Undersecretary Ceferino S. Rodolfo

asr-003732

an LNG import terminal

02:04:07Source

DTI Undersecretary Ceferino S. Rodolfo

asr-003733

doon po sa Subic.

02:04:10Source

DTI Undersecretary Ceferino S. Rodolfo

asr-003734

Pagkatapos po,

02:04:12Source

DTI Undersecretary Ceferino S. Rodolfo

asr-003735

ipapipe yung gas

02:04:13Source

DTI Undersecretary Ceferino S. Rodolfo

asr-003736

papunta sa Clark. Tapos maglalagay

02:04:16Source

DTI Undersecretary Ceferino S. Rodolfo

asr-003737

po ng gas-fired power

02:04:17Source

DTI Undersecretary Ceferino S. Rodolfo

asr-003738

plant na embedded po doon sa Clark.

02:04:19Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003739

So Yusek, so that's great.

02:04:22Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003740

But those plants,

02:04:24Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003741

whether it's LNG or solar,

02:04:25Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003742

won't be up in two years.

02:04:28Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003743

That takes about five to seven years.

02:04:30Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003744

Especially yung LNG, matagal yan.

02:04:31Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003745

Hindi yan ganun kabilis. So ano yung plano

02:04:34Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003746

if the facility

02:04:35Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003747

is supposed to be up by 2029?

02:04:38Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003748

Tama ba? 2029 yung target, di ba?

02:04:40Source

DTI Undersecretary Ceferino S. Rodolfo

asr-003749

Yun pong

02:04:41Source

DTI Undersecretary Ceferino S. Rodolfo

asr-003750

ang plano po, una muna yung mga

02:04:43Source

DTI Undersecretary Ceferino S. Rodolfo

asr-003751

infrastructure projects to support.

02:04:45Source

DTI Undersecretary Ceferino S. Rodolfo

asr-003752

Kagaya ka po nung

02:04:46Source

DTI Undersecretary Ceferino S. Rodolfo

asr-003753

power at saka nung water. So for the first

02:04:49Source

DTI Undersecretary Ceferino S. Rodolfo

asr-003754

two years, yun po muna.

02:04:51Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003755

Yeah, but you won't produce anything in two years.

02:04:53Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003756

I don't think they can produce energy in two years

02:04:55Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003757

because those plants are still being made.

02:04:58Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003758

So is the plan

02:04:59Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003759

to buy

02:05:00Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003760

from the local

02:05:03Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003761

producers in the time

02:05:05Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003762

that hindi pa nakatayo yung planta?

02:05:07Source

DTI Undersecretary Ceferino S. Rodolfo

asr-003763

Yun pong solar po yung pinakamabilis

02:05:10Source

DTI Undersecretary Ceferino S. Rodolfo

asr-003764

na pwedeng i-ramp

02:05:12Source

DTI Undersecretary Ceferino S. Rodolfo

asr-003765

up po nila. Kaya sa simula

02:05:14Source

DTI Undersecretary Ceferino S. Rodolfo

asr-003766

po, yung solar muna with the battery

02:05:15Source

DTI Undersecretary Ceferino S. Rodolfo

asr-003767

energy storage na

02:05:17Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003768

two years. I'm not sure if that can be done

02:05:19Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003769

in two years. So are you saying

02:05:21Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003770

that there's no plan to buy?

02:05:23Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003771

The plan is really to generate the power

02:05:25Source

DTI Undersecretary Ceferino S. Rodolfo

asr-003772

locally? Yun po yung alam po

02:05:27Source

DTI Undersecretary Ceferino S. Rodolfo

asr-003773

sa lalang. So yung plan na yung plan na yung power locally.

02:05:28Source

DTI Undersecretary Ceferino S. Rodolfo

asr-003774

Sa sinasabing ni BCDA.

02:05:29Source

DTI Undersecretary Ceferino S. Rodolfo

asr-003775

Pagkatapos, yun po namang ating

02:05:32Source

DTI Undersecretary Ceferino S. Rodolfo

asr-003776

mga first investors, darating naman po

02:05:34Source

DTI Undersecretary Ceferino S. Rodolfo

asr-003777

after the second year naman po sila

02:05:36Source

DTI Undersecretary Ceferino S. Rodolfo

asr-003778

matatayo yung mga facilities natin.

02:05:38Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003779

Can you check lang? Please check the timings.

02:05:40Source

DTI Undersecretary Ceferino S. Rodolfo

asr-003780

Yes, sir.

02:05:41Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003781

Because one of the concerns is that

02:05:46Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003782

this huge energy needs

02:05:48Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003783

will be purchased

02:05:49Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003784

from the market, which

02:05:51Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003785

of course will raise prices.

02:05:54Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003786

And there was a promise that

02:05:56Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003787

hindi ito magtataas ng presyo.

02:05:58Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003788

Kasi locally generated yung

02:05:59Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003789

kuryente. So the timings

02:06:02Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003790

for me, I'm looking at the timings

02:06:04Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003791

parang hindi nagmamatch.

02:06:06Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003792

Now, if the answer is we will buy

02:06:08Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003793

locally, then let's tackle that.

02:06:10Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003794

But I just want to be clear

02:06:11Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003795

and to be accurate with all of the

02:06:14Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003796

reporting and all of the

02:06:15Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003797

things mentioned in the hearings.

02:06:18Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003798

So could you clarify that please?

02:06:20Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003799

Okay.

02:06:22Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003800

Because it's already getting

02:06:24Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003801

opposition and

02:06:25Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003802

nag-usap tayo offline.

02:06:28Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003803

That

02:06:28Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003804

people were opposing it

02:06:33Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003805

even before government was able to

02:06:35Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003806

present the specifics.

02:06:38Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003807

But now that you have some specifics,

02:06:40Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003808

we owe it to the people to be transparent.

02:06:42Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003809

So at least we're all on the same page

02:06:43Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003810

on what we are supporting or what we

02:06:45Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003811

are opposing.

02:06:47Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003812

So

02:06:48Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003813

obviously we want to have more

02:06:51Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003814

manufacturing in the Philippines. That's

02:06:53Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003815

a pillar that we need to support further.

02:06:56Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003816

Pero we also want

02:06:57Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003817

acceptability from everybody

02:06:59Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003818

in terms of

02:07:01Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003819

moving forward na we're

02:07:03Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003820

agreeing on the same things.

02:07:06Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003821

Anyway, we're also

02:07:07Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003822

working with BCDA to make sure

02:07:09Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003823

that

02:07:10Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003824

the facility of

02:07:13Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003825

Pax Silica is 3 to

02:07:15Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003826

4 BGCs.

02:07:17Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003827

Ganon siya kalaki. Tama di ba?

02:07:20Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003828

3...

02:07:20Source

DTI Undersecretary Ceferino S. Rodolfo

asr-003829

Yes.

02:07:22Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003829-split-2

Yeah.

02:07:24Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003830

It's 3 to 4

02:07:25Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003831

BGCs. Ganon siya kalaki.

02:07:27Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003832

There's space for everybody.

02:07:29Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003833

There's space for everyone.

02:07:32Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003834

In that hearing,

02:07:33Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003835

yung inuulit-ulit ko lang is

02:07:35Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003836

in the interest of development,

02:07:37Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003837

hindi pwedeng may mga

02:07:39Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003838

kapwa-Pilipino tayong masasagasaan.

02:07:41Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003839

There's space for

02:07:42Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003840

everybody. There should be space for everybody.

02:07:46Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003841

Okay.

02:07:48Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003842

Yes.

02:07:49Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003843

And pinapalala sa akin, we're also

02:07:51Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003844

the sponsor of the BCDA budget.

02:07:53Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003845

Although dinelecto-plenary na sila.

02:07:55Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003846

So we won't be tackling them today.

02:07:57Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003847

We will be tackling this

02:07:58Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003848

later on.

02:08:01Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003849

And just to impress upon you how

02:08:03Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003850

important this is, we actually convened a

02:08:05Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003851

committee on the whole

02:08:06Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003852

to tackle the Pax Silica resolutions

02:08:09Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003853

last September 8. That was that hearing, no?

02:08:11Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003854

So pag nag-a-committee on the whole po, ibig sabihin

02:08:13Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003855

di lang a subcommittee or one

02:08:15Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003856

committee, that's everybody.

02:08:17Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003857

All the senators

02:08:18Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003858

formed a committee of the whole to tackle the issue.

02:08:22Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003859

So we had that last month.

02:08:24Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003860

Or sorry, earlier

02:08:25Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003861

this month, no? And that was where nag-u-sign.

02:08:27Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003862

We just want to be sure na yung mga

02:08:29Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003863

napag-usapan doon

02:08:30Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003864

are still the facts and are still

02:08:33Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003865

the current

02:08:35Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003866

agreements moving forward.

02:08:37Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003867

So Yusek, can you help us with that before

02:08:39Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003868

the plenary? Okay.

02:08:42Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003869

So ulitin ko lang po.

02:08:43Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003870

Of course, we're supportive of the DTI budget.

02:08:46Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003871

We do want you to succeed.

02:08:47Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003872

We do feel this budget is too small.

02:08:49Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003873

Pero ulitin ko lang,

02:08:50Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003874

we want to support the trade

02:08:53Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003875

fairs and the creative economy more.

02:08:55Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003876

So we'll work on that.

02:08:57Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003877

We want to support our MSMEs.

02:08:59Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003878

One is through more support

02:09:01Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003879

through the shared service facilities,

02:09:02Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003880

negosyo centers, and the negosyo center online project.

02:09:05Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003881

But we also want to see an

02:09:07Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003882

MSME protection or the beginnings

02:09:09Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003883

of this office or this function

02:09:11Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003884

with DTI SEC.

02:09:13Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003885

And then lastly,

02:09:15Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003886

the industries that are

02:09:17Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003887

currently supporting

02:09:19Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003888

our economy, we want to be sure that

02:09:21Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003889

they're supported.

02:09:23Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003890

They are at risk,

02:09:25Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003891

but that there are plans for it.

02:09:27Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003892

Of course, USEC

02:09:28Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003893

Perry yung Pax Silica

02:09:30Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003894

na very, unfortunately,

02:09:33Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003895

very controversial at marami mga tanong.

02:09:35Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003896

We want to be sure.

02:09:37Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003897

Maybe before the plenary, we can have

02:09:39Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003898

something written down

02:09:40Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003899

whether it's BCDA

02:09:43Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003900

or kayo po. But since we're handling

02:09:45Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003901

your budget, nakatingin ako sa'yo, Secretary,

02:09:47Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003902

para we're all on the same

02:09:49Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003903

page. Okay.

02:09:51Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003904

So, that's it

02:09:53Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003905

for me. SEC, you want to

02:09:55Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003906

may wish list ka ba na mga

02:09:57Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003907

pwede pa sanang mapondohan?

02:09:59Source

Senator Paolo Benigno "Bam" Aquino IV

asr-003908

You can put it on the record.

02:10:02Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-003909

Thank you,

02:10:03Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-003910

Honorable Senator.

02:10:04Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-003911

I totally agree with you that the creative

02:10:06Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-003912

economy, we need to push it even

02:10:09Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-003913

further. There's so much potential

02:10:11Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-003914

in this sector.

02:10:13Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-003915

The budget that was given to us is

02:10:15Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-003916

quite low. So, they can also use

02:10:17Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-003917

the foreign trade attachés

02:10:19Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-003918

worldwide. We have

02:10:20Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-003919

29 trade attachés,

02:10:23Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-003920

21 posts. So, this is

02:10:25Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-003921

actually low-hanging fruit.

02:10:27Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-003922

Anywhere they want to enter, even

02:10:28Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-003923

example, our

02:10:30Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-003924

teleseries, we want

02:10:33Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-003925

to sell it to the different countries na maraming

02:10:35Source

DTI Secretary Maria Cristina Aldeguer-Roque

asr-003926

Filipinos doon, pwede. Tapos

02:10:37Source

DTI Secretary Maria Cristina Aldeguer-Roque

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madali na lang maglagay ng translation.

02:10:39Source

DTI Secretary Maria Cristina Aldeguer-Roque

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Actually, we've already

02:10:41Source

DTI Secretary Maria Cristina Aldeguer-Roque

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set the meeting before with

02:10:42Source

DTI Secretary Maria Cristina Aldeguer-Roque

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some of, let's say, GMA films

02:10:45Source

DTI Secretary Maria Cristina Aldeguer-Roque

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and the trade attachés. So,

02:10:47Source

DTI Secretary Maria Cristina Aldeguer-Roque

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we still need more budget lang to promote

02:10:49Source

DTI Secretary Maria Cristina Aldeguer-Roque

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this. So, I totally agree with you.

02:10:51Source

DTI Secretary Maria Cristina Aldeguer-Roque

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And then, the MSME protection,

02:10:54Source

DTI Secretary Maria Cristina Aldeguer-Roque

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that's exactly

02:10:55Source

DTI Secretary Maria Cristina Aldeguer-Roque

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what's needed now because they can't move it.

02:10:57Source

DTI Secretary Maria Cristina Aldeguer-Roque

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Sometimes, because of certain

02:10:58Source

DTI Secretary Maria Cristina Aldeguer-Roque

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issues na

02:11:01Source

DTI Secretary Maria Cristina Aldeguer-Roque

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sometimes maliit lang na issue

02:11:03Source

DTI Secretary Maria Cristina Aldeguer-Roque

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pero hindi sila makausad because of that

02:11:05Source

DTI Secretary Maria Cristina Aldeguer-Roque

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issue. So,

02:11:06Source

DTI Secretary Maria Cristina Aldeguer-Roque

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then for the industries, yes, we

02:11:09Source

DTI Secretary Maria Cristina Aldeguer-Roque

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still need to continue to protect

02:11:11Source

DTI Secretary Maria Cristina Aldeguer-Roque

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them and to take care of them.

02:11:13Source

DTI Secretary Maria Cristina Aldeguer-Roque

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So, yun lang po. And then also

02:11:15Source

DTI Secretary Maria Cristina Aldeguer-Roque

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the additional budget sana for the finance

02:11:17Source

DTI Secretary Maria Cristina Aldeguer-Roque

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because we know like for the small and medium,

02:11:19Source

DTI Secretary Maria Cristina Aldeguer-Roque

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once they have the

02:11:21Source

DTI Secretary Maria Cristina Aldeguer-Roque

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places to sell the product plus the

02:11:23Source

DTI Secretary Maria Cristina Aldeguer-Roque

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fund, sometimes may order na sila eh.

02:11:25Source

DTI Secretary Maria Cristina Aldeguer-Roque

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But ang problema, wala na siya.

02:11:27Source

DTI Secretary Maria Cristina Aldeguer-Roque

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Silang pambili ng

02:11:28Source

DTI Secretary Maria Cristina Aldeguer-Roque

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raw material. So, yun lang po. Thank you.

02:11:31Source

Senator Paolo Benigno "Bam" Aquino IV

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With regard to SB Corp,

02:11:34Source

Senator Paolo Benigno "Bam" Aquino IV

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sige, let's talk offline

02:11:37Source

Senator Paolo Benigno "Bam" Aquino IV

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kasi I think the increase

02:11:39Source

Senator Paolo Benigno "Bam" Aquino IV

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for SB Corp may need

02:11:41Source

Senator Paolo Benigno "Bam" Aquino IV

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go signal of DOF

02:11:43Source

Senator Paolo Benigno "Bam" Aquino IV

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also and other

02:11:45Source

Senator Paolo Benigno "Bam" Aquino IV

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agencies. You're looking for another

02:11:47Source

Senator Paolo Benigno "Bam" Aquino IV

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5 billion, sir, di ba? Napag-usapan natin

02:11:49Source

Senator Paolo Benigno "Bam" Aquino IV

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last time. So,

02:11:52Source

Senator Paolo Benigno "Bam" Aquino IV

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anyway, let's talk

02:11:53Source

Senator Paolo Benigno "Bam" Aquino IV

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about that. Yung mga ibang initiatives kasi

02:11:55Source

Senator Paolo Benigno "Bam" Aquino IV

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wala pa sa

02:11:57Source

Senator Paolo Benigno "Bam" Aquino IV

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A-level, nasa M-level lang yun eh. So,

02:11:59Source

Senator Paolo Benigno "Bam" Aquino IV

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baka mas kaya na natin

02:12:00Source

Senator Paolo Benigno "Bam" Aquino IV

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yung ilagay.

02:12:03Source

Senator Paolo Benigno "Bam" Aquino IV

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But for SB Corp and moving forward,

02:12:06Source

Senator Paolo Benigno "Bam" Aquino IV

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we'll probably need

02:12:08Source

Senator Paolo Benigno "Bam" Aquino IV

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DBM and DOF to chime

02:12:11Source

Senator Paolo Benigno "Bam" Aquino IV

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in also. So, thank you, Secretary.

02:12:13Source

Senator Paolo Benigno "Bam" Aquino IV

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Maraming salamat. Thank you to everyone.

02:12:18Source

Senator Paolo Benigno "Bam" Aquino IV

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Feeling ko yung

02:12:19Source

Senator Paolo Benigno "Bam" Aquino IV

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palakpak, umalis na kayo, yung palakpak

02:12:21Source

Senator Paolo Benigno "Bam" Aquino IV

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ninyo. Okay, there being no further

02:12:23Source

Senator Paolo Benigno "Bam" Aquino IV

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questions, the budgets of GCG

02:12:25Source

Senator Paolo Benigno "Bam" Aquino IV

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and DTI, including its

02:12:27Source

Senator Paolo Benigno "Bam" Aquino IV

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attached agencies and corporations, are now

02:12:28Source

Senator Paolo Benigno "Bam" Aquino IV

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deemed submitted for the plenary's consideration

02:12:30Source

Senator Paolo Benigno "Bam" Aquino IV

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subject to the submission of documents

02:12:33Source

Senator Paolo Benigno "Bam" Aquino IV

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and information requested. And this

02:12:34Source

Senator Paolo Benigno "Bam" Aquino IV

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briefing is hereby suspended. Maraming salamat.

02:12:37Source

Senator Paolo Benigno "Bam" Aquino IV

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Thank you.