Ping Lacson: Removal from FATF Grey List to Bring in More Jobs

The Philippines’ removal from the Financial Action Task Force (FATF)’s grey list should bring in more jobs as investors become more confident in putting their money in the Philippines, former Sen. Panfilo “Ping” M. Lacson said Friday.

Lacson also credited the passage of the Anti-Terrorism Act of 2020 and the strengthening of the Anti-Money Laundering Act – which he authored, co-authored and/or sponsored – as well as the total ban on Philippine Offshore Gaming Operators (POGOs) for the removal from the grey list.

“When we are removed from the grey list, investors should become more confident in doing business here. Also playing a big role are the Anti-Terrorism Act’s provisions on terrorist financing and Anti-Money Laundering Act,” he said in Filipino, in an interview on Bombo Radyo.

“All these combined, plus the ban on POGOs, all had a role in our removal from the FATF grey list. And the positive effect is that investors are now more confident putting their money here,” he added.

Related: Ping Lacson: Dadami ang Trabaho Ngayo’y Wala na Tayo sa FATF Grey List

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Lacson: Paid Menstrual Leave May Have Unintended Consequences on Women

While he is all for upholding the welfare of women, former Sen. Panfilo “Ping” Lacson is concerned that a proposal for a paid menstrual leave may do more harm than good to the ordinary working woman whose rights it is supposed to uphold, as well as to the country.

Lacson pointed out the economic implications of such a leave may lead to layoffs or even closing of some factories whose owners do not have the budget for it.

“Instead of benefiting the female workforce in general, it may have a negative effect on the economic and political stability of the country,” he said.

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Ping: National ID Rollout, ‘Made in the Philippines’ Drive ang Tutugon sa Kawalan ng Trabaho, Inflation

Ang mas pinabilis at mas maayos na rollout ng National ID at “Made in the Philippines” drive ang tutugon sa kawalan ng trabaho at inflation sa ilalim ng administrasyong Lacson sakaling palarin na mahalal sa 2022.

Sinabi ni Lacson sa lingguhang LACSON-SOTTO Meet the Press forum na ang National ID ay makakatulong sa gobyerno gumawa ng database para i-match ang kasanayan ng isang manggagawa sa mga job opportunities

“Kailangan madaliin para ang database natin malinaw at kitang kita sa skills ng tao para match mo sa job opportunities para mabawasan rate of unemployment,” sabi ni Lacson.

Related: Lacson: National ID Rollout, ‘Made in the Philippines’ Drive to Address Joblessness, Inflation
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Lacson: National ID Rollout, ‘Made in the Philippines’ Drive to Address Joblessness, Inflation

A more efficient rollout of the National ID and a “Made in the Philippines” drive will address joblessness and inflation under a Lacson presidency, Sen. Panfilo “Ping” M. Lacson said Thursday.

Lacson told the weekly LACSON-SOTTO Meet the Press forum that the National ID would help the government create a database to match workers’ skills with job opportunities.

“Kailangan madaliin para ang database natin malinaw at kitang kita sa skills ng tao para match mo sa job opportunities para mabawasan rate of unemployment (We should speed up the rollout of the National ID system so we can create a database that can match people’s skills with available job opportunities. This will address the problem of unemployment),” he said.

Related: Ping: National ID Rollout, ‘Made in the Philippines’ Drive ang Tutugon sa Kawalan ng Trabaho, Inflation
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