The privilege of owning a franchise

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The privilege of owning a franchise
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By Don Mogarte In a forum in Davao, Senator Imee Marcos sounded off against NORDECO’s threats, highlighting that a franchise

In a forum in Davao, Senator Imee Marcos sounded off against NORDECO’s threats, highlighting that a franchise is a privilege that is given at Congress’s discretion.

The dream of the cornerstone EPIRA Act has not achieved the desired results, and the debate on long-term solutions is still very much present in the public sphere. These efforts come in light of both the House of Representatives and Senate passing a previous bill on this matter with broad support, but President Ferdinand Marcos Jr. vetoed the bill, saying the bill would impair NORDECO’s existing contractual obligations.

A new Nograles-Marcos bill, which fully addresses the President’s concerns, is now up for deliberation in Congress. The most recent example was the state of emergency declared in Samal Island in May, caused by the failure of two generator sets being operated by NORDECO.

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