00:00 The Senate has ratified the Bicameral Conference Committee report of several legislative amendments.
00:04 President Bongbong Marcos just signed the bill to make the Ease of Paying Taxes bill a law.
00:11 In the final version of the Congress, they approved the easier system of paying the VISA and exempting small taxpayers from withholding taxes.
00:21 The final version of the Public-Private Partnership Code of the Philippines was also ratified by the Senate.
00:27 According to the sponsor of the bill, Senator JV Ejercito, the process of PPP projects was adjusted.
00:33 Minority Leader Senator Coco Pimentel was not included in the ratification because of procedural issues.
00:41 The third and final reading of the Senate approved the Magna Carta for Seafarers.
00:48 According to the sponsor of this bill, Senator Rafi Tulfo, this is to protect the Filipino sailors.
00:54 The Senate also assures that the training, equipment, and facilities of the Philippines for sailors will follow international standards.
01:04 [music]
Comments