Senator Loren Legarda’s Acceptance Speech for the Senate President Pro Tempore Position

July 25, 2022

 
Senator Loren Legarda’s
Acceptance Speech for the Senate President Pro Tempore Position
July 25, 2022, Senate Session Hall
 
Mr. President,
It is with great honor that I accept the Senate President Pro Tempore position. I am truly humbled by the support given by my colleagues to lead this august chamber, which I considered my home for 18 years.
Maraming salamat muli sa mahigit dalawampu’t apat na milyong Pilipino na nagtiwala at nagbigay sa akin ng pagkakataong muling maglingkod bilang four-term Senator.
When I first entered the […]

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LEGARDA BATS FOR PROTECTION OF OFW REMITTANCE

July 23, 2022

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 […]

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LEGARDA FILES BILL INSTITUTIONALIZING AN ECOSYSTEM AND NATURAL CAPITAL ACCOUNTING SYSTEM IN A BID TO PROTECT NATURAL RESOURCES AS THE COUNTRY RECOVERS FROM HEALTH AND CLIMATE CRISES

July 22, 2022

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, […]

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LEGARDA FILES MEASURE FOR MSMEs FOR IMPROVED ACCESS TO FINANCING AND OTHER SUPPORT PROGRAMS 

July 21, 2022

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 […]

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Legarda refiles measure amending the PESO Act to create more job opportunities for Filipinos

July 20, 2022

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 […]

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