5G Investment News
  • Top News
  • Economy
  • Forex
  • Investing
  • Stock
  • Editor’s Pick
No Result
View All Result
5G Investment News
  • Top News
  • Economy
  • Forex
  • Investing
  • Stock
  • Editor’s Pick
No Result
View All Result
5G Investment News
No Result
View All Result
Home Stock

Senate approves bills on digital infrastructure, government rightsizing

by
February 5, 2025
in Stock
0
Senate approves bills on digital infrastructure, government rightsizing
FACEBOOK.COM/SENATEPH

THE PHILIPPINE Senate on Wednesday approved on third and final reading a priority bill that seeks to make internet access more affordable by promoting fair competition in the data transmission industry.

With 17 yes votes, senators approved Senate Bill No. 2699 or the Konektadong Pinoy bill, which seeks to create a spectrum management policy framework to ensure fair competition, allow the system to adapt to tech advances and mandate the efficient use of data transmission frequencies.

“This bill ensures that no Filipino is left behind,” Senator Emmanuel Joel J. Villanueva, one of the authors of the bill, told the Senate plenary. “Whether for education, business, government services, or disaster response, connectivity is a lifeline.”

“We believe that digital inclusion is essential for progress, and this bill is a key milestone in building a connected, empowered and future-ready Philippines,” he added.

Under the bill, the government must come up with a framework to prevent digital transmission monopolies.

The Department of Information and Communications Technology (DICT) must plan and work with the Philippine Competition Commission to come up with incentives to entice investors in the sector.

The National Telecommunications Commission (NTC), which is under the DICT, must come up with regulations on the development, use and maintenance of satellite-based technologies.

A data transmission industry player may “deploy satellite technology and use associated spectrum in any or all segments of their broadband network without the need to go through lease or rent capacity,” according to a copy of the bill.

Senate Majority Floor Leader Francis N. Tolentino earlier introduced an amendment to the measure that would prioritize internet services for areas near educational institutions in unserved and underserved areas.

“This amendment will ensure equitable internet access across the country, particularly in those regions lacking sufficient infrastructure, thereby hindering economic growth, education and social inclusion,” he told the Senate floor.

Meanwhile, the Senate approved on second reading Senate Bill No. 890, which seeks to do away with obsolete government positions and empowers the President to scale down agencies under the Executive branch.

Under the bill, Congress, the Judiciary, constitutional commissions, the ombudsman and local governments may restructure their offices.

Affected state workers with five to 11 years of service will be entitled to half their monthly salary for every year of service.

“We want to reiterate the importance of passing a piece of legislation that will ultimately enhance the institutional capacity of our government agencies to improve public service delivery, while ensuring the welfare of millions of civil servants,” Mr. Villanueva said during plenary. — John Victor D. Ordoñez

Previous Post

ABS-CBN franchise may be taken up

Next Post

Removal of U-turn slots on C5 road ‘approved in principle,’ MMDA says

Next Post
Removal of U-turn slots on C5 road ‘approved in principle,’ MMDA says

Removal of U-turn slots on C5 road ‘approved in principle,’ MMDA says

Enter Your Information Below To Receive Free Trading Ideas, Latest News And Articles.







    Fill Out & Get More Relevant News





    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.
    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    Recommended

    One in six UK workers struggling to pay bills as second jobs hit record high

    One in six UK workers struggling to pay bills as second jobs hit record high

    July 12, 2025
    JuanHand earns Green Flag recognition from Filipino Fair Loans Advocacy Group (FILFLAG)

    JuanHand earns Green Flag recognition from Filipino Fair Loans Advocacy Group (FILFLAG)

    July 11, 2025
    United under one roof: How Puregold brought generations of OPM together in the Philippine Arena

    United under one roof: How Puregold brought generations of OPM together in the Philippine Arena

    July 11, 2025
    UK government considers rescue deal for Speciality Steel amid fears of collapse

    UK government considers rescue deal for Speciality Steel amid fears of collapse

    July 11, 2025

    Disclaimer: 5GInvestmentNews.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice.
    The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    • Privacy Policy
    • Terms & Conditions

    Copyright © 2024 5GInvestmentNews. All Rights Reserved.

    No Result
    View All Result
    • Home
    • Privacy Policy
    • suspicious engagement
    • Terms & Conditions
    • Thank you

    © 2025 JNews - Premium WordPress news & magazine theme by Jegtheme.