Why Bam is pushing for a 'Go Negosyo' law

by Ria de Fiesta, ABS-CBNnews.com

Posted at May 17 2014 02:19 AM | Updated as of May 17 2014 05:39 PM

MANILA – Senator Bam Aquino graced Aquino and Abunda Tonight on Friday, and talked about how his "Go Negosyo" bill is faring in the Senate.

Asked how the proposed legislation can help small-scale businessmen, the senator said "it all goes back to trabaho and negosyo."

"Kung meron kang trabaho, kung meron kang negosyo na kumukita, you can get out of poverty. So importante na itulak natin ito and this bill, which I’m happy to say passed on 3rd reading in the Senate -- one of the few bills that passed in the senate in the first year -- this will set up the infra para tulungan yung pinakamaliit nating negosyante," he said.

According to Aquino, the act has a 3-pronged approach – financing, mentorship, and market linkage.

"Through financing, so mabibigyan sila ng kapital. Two is mentorship, para magagabayan sila paano magtayo ng negosyo at pangatlo at pinaka-importante, yung tinatawag na market linkage, which is, their products and services can find larger markets. Mas madaling kumita at umasenso," he said.
He also pointed out what is wrong with the government programs when it comes to livelihood opportunities for the poor.

"Ang batikos ko sa government programs, they’re production-based. Tuturuan ka gumawa ng longganisa, ng relyenong bangus, ng kandila, ng sabon, pero hindi ka tutulungan na ibenta ito. So at the end, you stock up, you have all of these different products, you can’t sell it, people get more frustrated," he said.

Asked about the country’s internet speeds, Aquino said slow internet can affect one’s business.
"Pag nagta-transact ka, kailangan mo talaga yung internet e. In a country where nakapakaraming Pilipino ang nasa abroad, we have the slowest [internet speed] in Asia. Average wise, mabagal tayo sa Asya, unfortunately. So sa speed and quality, we’re at the lower end," he said.
"All of our other neighboring countries are going to an internet economy already. Kapag nagtransact ka sa internet you have less cost, you have more ability to reach larger markets… napipigilan tayo dun," he explained.

Aquino said the Senate will ask the National Telecommunications Commission what its plans are on the country’s slow internet speeds.

"Kasi may roadmap eh. By 2016, dapat 80 percent ng Pilipino have access to the internet. We’re at 30 percent now, two years to go. During this research that we’ve been doing, there are areas na talagang kokonti lang ang tao. In other countries, government steps in and helps those areas by providing support para makarating din dun ang serbisyo," he said.