Senado, tiniyak na makikinabang ang bansa sa inaamyendahang batas sa pagpasok ng foreign...

Senado, tiniyak na makikinabang ang bansa sa inaamyendahang batas sa pagpasok ng foreign institutions sa Pilipinas

Transcript

00:00 The Philippine government has promised to amend the law on foreign institutions entering the country.

00:08 This is what Joshua Garcia reported.

00:10 The Senate has promised that foreign institutions cannot be controlled

00:16 and that the educational sector of the country will be in charge in its fourth session

00:20 on the proposed amendments to the restrictive economic provisions of the Constitution

00:24 particularly on the resolution of both houses or RBH No. 6 which is related to basic and higher education.

00:30 According to Senator Sonny Angara, they will only change the wording of the said revision

00:35 to clarify the objections that are included in this.

00:38 We will change, we will amend it because we realized that it is not very clear.

00:43 The interpretation is that basic education can be passed.

00:48 That is not the intention.

00:49 It is really higher education, tertiary education, technical and vocational education.

00:53 Angara also added that it is important that the police are also well-organized

00:57 to ensure that the country will benefit from the entry of foreign universities and colleges.

01:02 Our police should also be good.

01:04 It is not enough that you will only change the law.

01:07 Not because you changed it, the foreign institutions will enter, the economy will be good.

01:14 The police should be well-organized, the colleges and universities should be well-organized,

01:21 not just anyone.

01:23 The stakeholders and resource persons invited to the proposed revision also agreed.

01:28 They said that it will help to expand the work of Filipinos abroad

01:34 and also in the industry of business in the Philippines.

01:37 When it comes to supporting international partners,

01:41 we believe like any other business, they will look for local partners.

01:46 From then, there will be technology or educational transfer

01:50 which in turn will flow down to our students and eventually businesses.

01:57 We all know that even if you are in the Philippines, you can actually work globally

02:01 because now your employer is not only Philippines but really the global market.

02:06 So that's the beauty of having foreign universities participate in local institutions.

02:14 The Commission on Higher Education clarified that it is only a constitutional amendment

02:18 and that it does not prepare the framework of higher education.

02:21 It will not be effective because of the lack of manpower of the SHED.

02:25 While we support the possibility of the constitutional amendment,

02:30 it will require also a re-examination of the framework for higher education

02:35 and what are the needed reforms.

02:37 Meanwhile, it was also given a low chance of how foreign investment and institutions

02:43 in the country will be affected when it comes to the lack of scholarships, teachers and wages.

02:48 The League of Filipino Students decided to first arrange the government's budget

02:52 to meet the needs of students and teachers.

02:56 The next session in the Senate is expected to be held

02:59 in the discussion of the amendment of the Economic Professions in the League of Laws next week.

03:04 Joshua Garcia for Pambansang TV in Bagong, Philippines.