MANILA, Philippines — July 26, 2025 — In a bid to strengthen the economy, boost investor confidence, and ensure inclusive growth, the Philippine government is actively pushing a set of priority economic bills that are expected to shape the national policy agenda in the coming months.
With President Ferdinand “Bongbong” Marcos Jr. set to deliver his 4th State of the Nation Address (SONA) on July 28, analysts and business leaders are watching closely to see whether these proposed measures will be highlighted, endorsed, or left unmentioned.
The legislative package includes reforms aimed at enhancing financial systems, supporting Filipino workers, and promoting environmental sustainability. Here are five key proposals currently under deliberation:
1. Amendments to the Foreign Investors’ Long-Term Lease Act
This measure seeks to extend the allowable lease terms for foreign investors. The goal is to make the Philippines more attractive for long-term investments by improving land use security and simplifying leasing procedures for foreign companies.
2. Legislated Wage Hike Bill
Instead of relying solely on regional wage boards, this bill proposes a nationwide salary increase for private sector workers through legislation. Advocates argue it would ensure a more equitable and consistent wage standard across regions.
3. Anti-Online Gambling Act
This proposed legislation aims to impose a blanket ban on online gambling activities. Lawmakers backing the bill cite concerns over its social impact, particularly on the youth and vulnerable populations.
4. Blue Economy Act
Aimed at sustainable development, this bill focuses on harnessing marine and aquatic resources responsibly. It seeks to promote economic activities such as fishing, tourism, and marine research, while also ensuring environmental protection.
5. Rice Industry and Consumer Empowerment (RICE) Act
This measure intends to restore the regulatory powers of the National Food Authority (NFA) to help stabilize rice prices and supply. It also includes provisions to strengthen the domestic rice industry and enhance food security.
The Marcos administration has emphasized infrastructure, agriculture, and digital transformation as economic pillars in previous SONAs. Whether these bills will take center stage during his upcoming address remains to be seen, but their potential impact on business, employment, and sustainability is drawing attention from policymakers and the public alike.
