FOURTEENTH CONGRESS OF THE 
1 
REPUBLIC OF THE PHILIPPINES 
1 
7 
JijL -4 
R U  58 
First Regular Session 
1 
, 
”,. 
S.B. No. 
Introduced by Senator Loren Legarda 
EXPLANATORY NOTE 
This bill seeks to establish a Philippine Business Registry Databank (PBRD) 
which shall assist in the facilitation of business transactions among local and foreign 
entrepreneurs. 
In the age of Globalization, business transactions cross geographical borders in a 
short period of time. Vital and comprehensive information should be available within a 
matter of seconds to ensure the success of the dealings. The less challenges the investors 
and entrepreneurs face, the higher the success rate which will translate to the 
development of the country’s economy. 
The local government of Quezon City recognizes the need to create a business 
comprehensive database in order to facilitate the business transactions in the city. The 
Quezon City Business Registry contains important information like business 
demographics and premium brands. Such program lives up to the city’s tags as the 
”ICT Capital of the Philippines” and ”Most Business Friendly City.” The city of Naga 
enacted Ordinance No. 2005-0008 on January 24, 2005 which mandated the creation of 
the Naga City Business Registry Databank. Clearly then, there is a need to create a 
comprehensive national business database to collate, merge and make available on a 
national level such data. 
The measure provides for the creation of the Philippine Business Registry 
Databank which shall serve as the main repository of business data in the country. It 
shall provide business information and other services through electronic networking. 
The speedy access to important idormation shall facilitate business transactions and 
partnerships. In order to coordinate the activities of the PBRD, a national coordinating 
board shall be established‘. Representatives from various departments and agencies 
such as the Department of Trade and Industry (DTI), the Department of Interior and 
Local Government (DILG) and the Securities and Exchange Commission (SEC) shall 
serve as members of the board. The President of the Philippines shall apy9int three 
representatives from business organizations to the board for a term of three years. 
The information to be utilized by the PBRD shall come from the consolidated 
business permits issued by the cities, municipalities and the ones gathered by the SEC 
and DTI. For its first year, the amount of ten million pesos shall be appropriated to 
ensure its proper establishment and implementation. 
For these reasons, the passage of this bill is earnestly sought. 
c _---sZ=zI=Q 
6
L
E
G
A
R
D
A
 
Senator 


I ~, 
,1 
:: I * ..~ 
I -. 
c$E:F){-;. ;.:F. ’:p4& 
S&$$’;f{ET,qRY 
.i 
1 
FOURTEENTH CONGRESS OF THE REPUBLIC 
OF THE PHILIPPINES 
) 
”9 
JUL -4 /I8 5 8  
) 
First Regular Session 
1 
SENATE 
S.B.No. 942 
, .. , 
Introduced by Senator Loren Legarda 
AN ACT 
ESTABLISHING THE PHILIPPINE BUSINESS REGISTRY DATABANK, AND FOR 
OTHER PURPOSES 
Be it enacted by the Senate and the House of Representatives of the Philippines in Congress 
assembled: 
SECTION 1. Title. - This act shall be known as ” The Philippine Business 
Registry Databank Act of 2001”. 
SEC. 2. Creation of Philippine Business Registry Databank. - There is hereby 
created a Philippine Business Registry Databank (PBRD), which shall be :he main 
repository of information on business enterprises in the Philippines. It shaI1 provide 
business information and training support services, promote trade and investments 
through electronic networking, as well as facilitate business partnerships among local 
entrepreneurs and their foreign counterparts. 
SEC. 3. PBRD National Coordinating Board. - For the purpose of coordinating 
the activities of the PBRD, a national coordinating board shall be established, to be 
composed of the representatives from the Department of Trade and Industry, the 
Department of the Interior and Local Government, the Securities and Exchange 
Commission, and the National Statistics Office; the President of the League of Cities; the 
President of the League of Municipalities; the President of the Philippine Chamber of 
Commerce and Industry (PCCI), five (5) PCCI area Vice Presidents; and three (3) 
representatives from other business organizations with countrywide network or 
membership, who shall be appointed by the President of the Philippines for a term of 
three (3) years. 
The PCCI, through its President or its duly designated Representative, shall be 
the National Coordinator and shall recommend to the board the appropriate programs 
and policies to be formulated in the Implementing Rules and Regulations (IRR). 
SEC. 4. Role of Government Agencies and the Local Government Units. - The 
information necessary for the PBRD shall be generated and collected through the 
business permits issued by cities and municipalities as well as those gathered by the 
Securities and Exchange Commission and the Department of Trade and Industry. The 
heads of the Department of Trade and Industry, the Department of Interior and Local 
Government, the Securities and Exchange Commission, the National Statistics Office, 
and the mayors of cities and municipalities shall assist the local chambers of the PCCI in 
collecting the information necessary for the PBRD. The local chambers of the PCCI will 
ensure that the data is collected, encoded and transmitted to the PBRD. 


SEC. 5. Role of the Local Chambers. - The PCCI through the local chambers shall 
work and coordinate with the heads of the Securities and Exchange Commission and 
the Department of Trade and Industry, as well as the mayor’s office of each city and 
municipality to establish and maintain a Local Business Registry Databank (LBRD). 
SEC. 6. Appropriations. There is hereby appropriated initially for the first year 
the sum of Ten Million pesos from any funds in the Treasury not utherwise 
appropriated for the implementation of this Act. 
An additional amount shall be determined by the PBRD National Coordinating 
Board and shall be collected for each business permit to be issued by the city or 
municipality and remitted to the expended solely to finance the computer hardware 
and software. 
The additional amount from the mayor’s permit shall be for the systems 
maintenance, promotions, and consultancy and training for the advancement and 
growth of micro, small and medium enterprises in the respective provinces. 
SEC. 7. Rules and Regulations. The PBWD National Coordinating Board shall 
promulgate the implementing rules and regulations within ninety (90) days from the 
effectivity of this Act. 
SEC. 8. Repealing Clause. - All laws, presidential decrees, executive orders, 
rules and regulations which are contrary to the provision of this Act are hereby 
repealed, amended and modified accordingly. 
SEC. 9. 
Separability Clause. - If any part of this Act shall be held to be 
unconstitutional or invalid, other parts or provisions hereof which are not affected 
thereby shall continue to be in full force and effect. 
SEC. 10. 
Effectivity. - This Act shall take effect fifteen (15) days after its 
publication in English or Filipino in the official Gazette or in at least two (2) newspapers 
of general circulation, whichever comes first. 
Approved,