Senator Robinhood ‘Robin’ Padilla on Tuesday admitted that his proposed amendment in the economic provisions under the 1987 Constitution is already dead.

In an interview with the reporters, Padilla said only him and his allies in the Partido Demokratikong Pilipino -Laban (PDP-Laban) — namely Senators Ronald ‘Bato’ dela Rosa, Francis ‘Tol’ Tolentino, and Lawrence Christopher ‘Bong’ Go — signed the Committee report.

“‘Yung iba nating kasama na ginagalang po natin ay wala po, wala po silang sagot o prima,” he added.

But Padilla said that he already expected this as some of his fellow lawmakers gave him a heads up that his proposal has “no future”.

“Kung naghihingalo siya no’n, ngayon ay patay na,” he said.

Apart from the lack of support, the Senator also said that the talks on cha-cha “died down” due to the speakership issue in the House of Representatives.

“Malaking issue iyan. Hindi iyan maliit na isyu iyan para sa mga mambabatas,” he said.

In addition, the Senator said that the proposal was set aside due to ongoing discussions on the two measures — Maharlika Investment Fund (MIF) and Public Services Act — that also seek to entice foreign investors.

But Padilla said he will refile the bill seeking for economic amendment once the aforementioned bills failed to deliver the promised investments.

“Kapag hindi nag-work, balik ulit tayo, fa-file ko ulit iyan. Ifa-file ko ulit at gagawin kong example iyon na sabi ninyo dati na ganito,” he added.

Padilla has been pushing for the amendment of the economic provision under the Philippine 1987 Constitution to lift the restrictions that prohibit foreign investors from investing in the country.

He earlier noted that economic provisions are "barriers responsible for the decline of the continuous decline of foreign direct investments," and that this "placed the country as one of the most restrictive economies by international standards."