Senatorial candidate Luis “Manong Chavit” Singson is not just campaigning for a seat but working toward a vision of a more prosperous Philippines, where systems are streamlined and the economy is strengthened for the benefit of all Filipinos.
Singson, who has long been an advocate for local businesses, has spoken out about the challenges of bureaucracy, red tape, and inefficiencies that hinder Filipino entrepreneurs. Last week, he took significant steps toward improving the country’s economic landscape.
On Monday, he signed a Memorandum of Agreement for the construction of the K-Beauty Industrial Complex in Incheon, South Korea. The complex will serve as a hub for the beauty industry, driving job creation and offering educational opportunities for Filipino students to gain expertise in one of the world’s leading cosmetic markets.
The K-Beauty Industrial Complex will focus on research, production, and trade, creating a space for growth and innovation within the beauty sector. By aligning with South Korea’s advanced cosmetics industry, Singson aims to equip the Philippine workforce with skills that are competitive globally.
Ranked No. 58 on the Senate ballot, Singson has been calling for the creation of more ecozones across the Philippines, viewing them as engines for economic growth and job creation. However, he has voiced frustration with the bureaucratic delays preventing their development. “Our country is full of potential, but the bottleneck caused by government inefficiencies often holds us back from realizing our full economic potential,”Singson noted. Despite these obstacles, he is determined to push for reforms that will streamline processes and attract investments.
Singson’s vision extends beyond industrial growth. During his recent visit to Ilocos Sur last week, he addressed pressing issues like unemployment and the challenges posed by the PUV Modernization Act. With the phaseout of traditional jeepneys, he pledged to support transport cooperatives with funding to transition to electric vehicles.
In addition to supporting the transport sector, Singson announced the launch of “VBank,” an initiative aimed at increasing financial inclusion across the country. VBank will allow more Filipinos to access banking services, including debit and credit cards, especially in underserved communities. The platform will also serve as a payment option for modernized PUVs and a tool for the proposed “Chavit 500” initiative, designed to provide financial aid to lower-income families and small businesses.
Through these efforts, Singson hopes to create a more inclusive economy and provide practical solutions to the everyday challenges faced by Filipinos.