Foreign buyers of Philippine garments are seeking for the revival of the garments sector after the country lost its position as the world’s top supplier.
The International Food Policy Research Institute (IFPRI) said the Philippines could supplement 57 to 60 percent of its energy needs with renewables by 2040 if carbon taxes or...
Local seaweed products are assured of a steady market in the United States as the US Department of Agriculture (USDA) announced that carrageenan, a seaweed-derived substance...
Developer’s Filinvest Land, Inc. (FLI) expects to spend P23 billion this year, up 4.5 percent from last year’s P22 billion, as itcontinues to expand its businesses.
May faces parliamentary showdown with Brexit rebels
December 14, 2017
LONDON- Prime Minister Theresa May’s control of the Brexit process will undergo its stiffest parliamentary test yet on Wednesday, when she faces a showdown with rebels in her own party over the laws that will take Britain out of the European Union.
May’s government is trying to pass a bill through parliament that will repeal the 1972 legislation binding Britain to the EU and copy existing EU law into domestic law to ensure legal continuity after ‘Exit Day’ on March 29, 2019.
After six days of debate which has jumped between the legal minutiae of Brexit and the gaping ideological differences between ‘Remainers’ and ‘Leavers’, May could face an embarrassing parliamentary defeat as lawmakers demand a greater say over the final exit deal.
In June, she gambled on a snap election to strengthen her party’s majority in the 650-seat parliament but instead bungled her campaign and ended up with a minority government propped up by the 10 votes of a small, pro-Brexit Northern Irish party.
Since then she has struggled to assert her authority over a Conservative Party which is deeply divided over the best route out of the EU.
Wednesday’s likely flashpoint is an amendment to the bill put forward by a member of May’s own party, the government’s former attorney general, Dominic Grieve.
If passed by a simple majority vote, the proposal would require parliament to approve the government’s final Brexit deal by passing a separate written law once the terms of the withdrawal agreement are known. That could allow lawmakers to send May back to the negotiating table.
“I don’t see any possibility of my backing down on this at all ... One has to stand up for one’s principles,” Grieve told BBC radio, adding that he thought he had enough fellow rebels to overturns May’s slim working majority in parliament.
The government initially proposed giving lawmakers a vote on the Brexit deal which would give them the choice to accept a negotiated settlement or walk away without a deal. - Reuters
Malaya Business Insight's weekday sections treat readers to timely articles on shipping, banking, information and technology, automotive and motoring, real estate and property development, travel and tourism and people and sectoral events. Special issues and supplements are designed to enrich current information and data files of readers with pre-selected topics of national and local significance.