Executive Order No. 588-A, July 27, 2007

AMENDING EXECUTIVE ORDER NO. 588 ENTITLED “STRENGTHENING THE PHILIPPINE SHIP BUILDING AND SHIP REPAIR SECTOR AND INSTITUTING MEASURES TO PROMOTE ITS GROWTH AND DEVELOPMENT”

WHEREAS, on 08 December 2006, Executive Order 588 was issued to bolster the Arroyo Administrations resolve, as embodied in the Ten-Point Legacy Program, to create six (6) to ten (10) million jobs and to encourage investments in preferred areas of activity, including the shipping industry;

WHEREAS, under E.O. 588, the “Filipino Investing in the Philippines” Program was launched and will expire five (5) years after the effectivity of the said E.O;

WHEREAS, there is a need to extend the duration of the Program in order to sustain the training, development and continuing employment of qualified Filipino citizens in duly registered entities engaged in ship building and ship repair;

NOW, THEREFORE, I, GLORIA MACAPAGAL-ARROYO, President of the Republic of the Philippines, by virtue of the powers vested in me by law, do hereby order:

Section 1. Amendment of Executive Order No, 588. – Section 2, paragraph 2, of Executive Order No. 588 is hereby amended, thus:

Section 2. Training, Development and Employment of Filipinos.

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The “Filipino Investing in the Philippines” Program is hereby launched effective immediately and to last for ten (10) years thereafter, wherein the conduct by duly registered entities engaged in ship building and ship repair of free skills-training and development for Filipino citizens in consideration of the latters continued and exclusive employment in the said entities shall be encouraged and promoted in accordance with existing laws, rules and regulations. Filipino workers who participated in the free skills-training and development conducted by duly registered entities engaged in ship building and ship repair are likewise encouraged to faithfully adhere to their contractual commitments with the entities under the program. Accordingly, overseas deployment or changes in employment in the breach of contract by said Filipino workers shall be considered acts inimical and greatly prejudicial to the national interest.

xxx xxx xxx.”

Section 2. Repeal. – All Presidential issuances, administrative rules and regulations or parts thereof, which are inconsistent with this Executive Order are hereby revoked or modified accordingly.

Section 3. Effectivity. – This Executive Order shall take effect immediately.

DONE, in the city of Manila, this 27th day of July, in the year of our Lord, Two Thousand and Seven.

(Sgd.) GLORIA MACAPAGAL-ARROYO

President of the Philippines

By the President:

(Sgd.) EDUARDO R. ERMITA

Executive Secretary