Tag page - psa bill

As the Senate starts to deliberate on the proposed amendments to the Philippine Services Act (PSA) on hopes to attract more foreign direct investments, consumers have spotted 2 provisions that would allow utilities firms to set rates without prior public consultations. In a letter to Senator Grace...

The country’s largest business groups have called for a review on two provisions – reciprocity clause and investments by foreign- state owned enterprises  -- under the proposed Senate Bill 2094, which seeks to open the public services sector of the domestic economy to majority foreign...