00:00Consumer and energy sector issues figure among the highlights of President Marcos' second to the last State of the Nation
00:06address.
00:07Marcos draws loud cheers from the audience by calling for the removal of systems loss charges from electricity bills.
00:14He also calls for the amendment of the Electric Power Industry Reform Act or EPIRA, a law that has long
00:20been criticized as unfair to consumers.
00:22Sa aking palagay, panahon na para tanggalin na natin ang systems loss na pinapasa sa consumer.
00:34We demand for the immediate amendment of the EPIRA and to prohibit charging systems loss against consumers including the value
00:45-added tax thereon.
00:47Marcos then calls for a revisit of nuclear energy, cutting income taxes of some sectors, and reforming education to match
00:53new technologies.
00:54He speaks favorably of the controversial Pax Silica, a U.S.-led AI-centric technological hub planned for New Clark City
01:02in central Luzon.
01:03The Pax Silica Industrial Hub will create an ecosystem that will have AI at its core.
01:10It will bring quality jobs to our people, accelerate our industrial competitiveness, and revitalize our economy.
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