Four-term Senator Loren Legarda pushes for the protection of Overseas Filipino Workers (OFW) remittance by filing Senate Bill 10.
“The money remitted by OFWs to their beneficiaries in the Philippines goes through intermediaries or financial institutions. In the course of transfer, the amount supposedly remitted are subject to various fees and usurious charges, thereby depleting the amount to be received by the beneficiaries,” the Senator explained.
According to the Bangko Sentral ng Pilipinas (BSP), personal remittances in 2021 constituted 8.9% of the […]
Four-term Senator Loren Legarda filed a bill seeking to develop and implement an ecosystem and natural capital accounting system that applies to the Philippine environment, giving importance to the role, value, and impact of our natural resources on the economy.
“For decades, the debate has been whether to choose economy over conservation of natural resources. This is a false dichotomy. The economy and all of society are fully and entirely dependent on natural resources—our natural capital that includes our forests, wetlands, […]
Recognizing the urgent need for Micro, Small and Medium Enterprises (MSMEs) and struggling entrepreneurs to access financial assistance and other support programs from the government, four-term Senator Loren Legarda filed Senate Bill No. 8 or the “Pangkabuhayan Act” today. The bill aims to stimulate entrepreneurship and empower Filipino entrepreneurs by ensuring effective access to existing financing and livelihood assistance programs.
“Ang higit na kailangan ng bawat pamilyang Pilipino ngayon ay ang kakayahang kumita at magkaroon ng regular na mapagkukunan ng pang […]
In her fourth term as Senator, Senator Loren Legarda refiles Senate Bill 7 that seeks to amend Republic Act 8759 or the Public Employment Service Office (PESO) Act of 1999 to include entrepreneurship and provide better employment and entrepreneurial opportunities suited for each Filipino.
Legarda reiterated that this amendment to the existing law would address the drawn-out issue of unemployment and underemployment in the Philippines. She echoed her previous statement that the promotion of entrepreneurship will be able to hone the […]
At the start of her 4th term in the Senate, Senator Loren Legarda refiled her bill that seeks to phase out single-use plastics and mandate extended producers’ responsibility schemes from businesses and companies, reiterating her call to address the growing plastic pollution and waste in the country.
Legarda also called on the public to support the Plastic Free July, a global movement that enjoins millions of people around the world to avoid and reduce single-use plastic waste every day at home, […]
