The Philippine Chamber of Commerce and Industry (PCCI) views the announcement of President Bongbong Marcos’ four priority governance reform bills as a potentially transformative step toward a more stable, predictable, and transparent business environment. PCCI commends the President for focusing on these fundamental institutional reforms, which align with the private sector’s long-standing advocacy for good governance and a level playing field.
PCCI sees the four bills PBBM identified – the Anti-Political Dynasty Bill, the Partylist System Reform Act, the Citizens Access and Disclosure of Expenditures for National Accountability (CADENA) Act, and the Independent People’s Commission Act – as important tools for strengthening democratic institutions and fostering an environment conducive to long-term investment and economic stability.
Specifically, PCCI is strongly and unequivocally endorsing the CADENA Act, emphasizing that transparency in public expenditure is a direct catalyst for investor confidence.
“Enhanced visibility on how public funds are allocated and spent, particularly for infrastructure and procurement, reduces corruption risks, ensures fair competition, and promotes efficient use of taxpayer resources,” PCCI President Consul Enunina Mangio said adding, “Once enacted into law and With robust implementation, the CADENA Act may become one of the most impactful anti-corruption and pro-investment measures we have in recent years.”
The chamber likewise strongly backs the Independent People’s Commission Act (IPCA), noting that independent oversight and credible citizen participation strengthen democratic institutions and contribute to a stable policy and business environment. Predictability and accountability, PCCI stresses, are essential for sustained economic planning and industrial growth.
The chamber urged President Marcos to certify these four measures as urgent to ensure their timely deliberation and passage.
“These bills are more than governance reforms—they are confidence-building measures that signal our country’s commitment to integrity and accountability. Certifying them as urgent will help accelerate their passage and send a strong message to investors that the Philippines is serious about creating a clean, fair, and competitive business environment,” Mangio said.
PCCI sees the four bills as a cohesive governance reform package that, once passed and effectively implemented, can significantly strengthen public institutions and improve the business and investment climate. The chamber said it stands ready to engage government in constructive dialogue to support these reforms and to continue advocating for policies that deepen good governance, foster investor confidence, and promote sustainable economic growth for all Filipinos.
