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A Call To Action For Our New Leaders To Champion The Filipino Entrepreneur
The Philippine Star
|May 19, 2025
GO NEGOSYO PILIPINAS
As the frenzy around the May 12 midterm elections concludes and the winners are finally proclaimed, I extend my heartfelt congratulations to the newly elected national and local officials. I am also thankful that the elections were generally peaceful and that election watchdogs from civil society ensured a fair and democratic process.
I also congratulate Senator Bam Aquino. His victory is not just a personal achievement but a significant win for the Philippines’ micro, small and medium enterprises (MSMEs) sector. Bam has been a long-time ally of our advocacy, and I am thrilled to see him return to the Senate, where he can continue to champion our entrepreneurs.
During his previous term from 2013 to 2019, Senator Aquino was instrumental in advancing key legislation that directly benefited MSMEs. He authored the Go Negosyo Act (RA 10644), a landmark law designed to empower entrepreneurs by providing them with access to financing, training and markets. This law laid the groundwork for a more supportive environment for small businesses, enabling countless Filipinos to pursue their entrepreneurial dreams. Additionally, he played a pivotal role in the Youth Entrepreneurship Act (RA 10679), which encourages the youth to engage in entrepreneurship and fosters a culture of innovation among young Filipinos. Furthermore, the Innovative Startup Act (RA 11337) was another significant achievement during his tenure, aimed at boosting the startup ecosystem in our country.
This story is from the May 19, 2025 edition of The Philippine Star.
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