A recent report, cited by Philstar Biz, has once again emphasized the critical need for a legislative measure that has been repeatedly recommended but never enacted. The report outlines the persistent challenges that such legislation aims to address, noting that the situation has not improved despite annual calls for action.
Industry stakeholders have long argued that the absence of this law creates uncertainty and hampers growth. The report documents specific cases where the lack of a legal framework has led to inefficiencies and disputes, underscoring the economic and social costs of inaction.
Advocates are now urging Congress to prioritize the bill when sessions resume. They point to the report's findings as a clear mandate for change, warning that further delay will only deepen the problems identified.