APEC 2015

Sen. Bam Welcomes APEC’s ‘Stamp of Approval’ on MSMEs

Sen. Bam Aquino called the Asia-Pacific Economic Cooperation’s (APEC) recognition of micro, small and medium enterprises’ role in poverty eradication as “stamp of approval” on the Senate’s work to strengthen entrepreneurship in the country.
In a joint communiqué at the conclusion of the APEC Summit, the 21 APEC leaders recognized the significance of MSMEs in poverty eradication and inclusive growth and committed to work for their globalization.
“Practically, lahat po ng tinututukan namin sa Senado, inclusive finance, support for MSMEs at E-commerce, nahagip siya sa APEC na ito. Nagkaroon siya ng stamp of approval na itong ginagawa ninyo, talagang mahalaga ito sa kapakanan ng ating bayan at APEC economies,” said Sen. Bam.
A former social entrepreneur and a staunch advocate of MSMEs as chairman of the Senate Committee on Trade, Commerce and Entrepreneurship, Sen. Bam said APEC’s recognition solidified his long-standing belief and advocacy that empowering MSMEs can help eradicate poverty.
Sen. Bam pushed for the passage of Republic Act No. 10644 or the Go Negosyo Act, which provides for the establishment of Negosyo Centers in all provinces, cities and municipalities in the country to help MSMEs.
“Through some of our programs like the Negosyo Centers, sinisikap po natin na nandiyan ang support for our MSMEs. Sa ngayon, mayroon na tayong 116 Negosyo Centers sa buong Pilipinas,” the senator said.
“Nandiyan po iyan para magbigay ng training, capacity building, market linkage at financing sa ating MSMEs,” he added.
Aside from the Go Negosyo Law, Sen. Bam also worked for the passage of other laws that support MSMEs in the country.
Among them are Republic Act No. 10693 or the Microfinance NGO Act, Republic Act No. 10667 or the Philippine Competition Act, Republic Act No. 10668 or the Foreign Ships Co-Loading Act and Republic Act No. 10679 or the Youth Entrepreneurship Act.

Bam: Improve Traffic before APEC, Christmas Season

Senator Bam Aquino urged the government’s task force on traffic to complete all the needed intervention to improve traffic condition before the Asia-Pacific Economic Cooperation (APEC) Summit in November and the onset of Christmas season.

“With the creation of the task force, they have started to exhaust all interventions to ease our traffic situation in the soonest possible time. Pa-isa-isang intervention para malaman nila if these are effective,” Sen. Bam said during an interview.

Among the planned intervention are staggered work hours, high-occupancy vehicle lane or car pooling, Christmas lanes and truck ban, which was re-implemented starting yesterday (Tuesday).

 The senator said the establishment of Mabuhay lanes are crucial because they will be used as alternate routes during the APEC Summit and the Christmas season.

“In the next few weeks, titingnan kung kailangan pa iyong ibang mga intervention para maihabol sa APEC at pasko,” added Aquino, who filed a resolution seeking to formulate strategies and solutions to address the worsening traffic conditions in Metro Manila.

Sen. Bam assured that the task force, headed by Secretary to the Cabinet Rene Almendras, will consult the public through hearings before implementing any move.

During the Senate hearing, Sen. Bam said the task force is now focused on moving people faster by improving the movement of high-occupancy vehicles like buses and train.

“Ang isang bus na may dalawang kotse ang haba, can fit up to sixty people. Mas sulit talaga na bigyang pansin iyong bus at tren. Iyon naman talaga ang pangangailangan,” said Sen. Bam. 

Sen. Bam also stressed that the government must put premium on improving the mass transport system to improve traffic in Metro Manila.

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