Marcos pushes quiet constitutional amendments for investment, MSME support

President Ferdinand 'Bongbong' R. Marcos Jr. reiterated his desire for constitutional amendments to be carried out quietly and without much fuss, emphasizing the importance of enhancing investment opportunities and upskilling the Filipino workforce.

Marcos said consultations on proposed Charter reforms have been ongoing for months, with the Senate now taking the lead in introducing amendments to the Constitution.

House leaders filed Resolution of Both Houses (RBH) 7 last month, seeking similar changes as Senate's RBH6 to address restrictions on foreign ownership of public utilities, educational institutions, and advertising industries.

The President stressed that the goal is to incorporate these amendments into the Constitution quietly and efficiently without making proclamations or pronouncements.

PBA party-list Rep. Margarita Nograles said a legislated wage increase would be viable if constitutional amendments are introduced to attract more foreign investments, thereby easing the financial burden on micro, small and medium enterprises (MSMEs).

Legislators remain focused on achieving Charter change while addressing differing views between the Senate and House of Representatives.

Despite ongoing discussions, Marcos remains committed to ensuring that these reforms are implemented without unnecessary commotion.