A House leader is looking forward to seeing the positive effects of Republic Act (RA) No.11659 or the Public Service Act, which President Duterte signed last week. (Shivendu Shukla/ Unsplash) “Opening up some of our industries like telecommunications, railways, and airlines to full foreign...
Former defense secretary and senatorial candidate Gilbert Teodoro on Wednesday called on the government to provide stable investment policies that would complement the passage of three key economic laws that are aimed to attract more foreign investors in the Philippines. Teodoro, a former Tarlac...
Senatorial candidate Herbert “Bistek” Bautista on Friday expressed belief that a reliable and faster internet connection in the country is possible especially if Filipino and foreign investors would merge resources to service communities who are out of reach of the top three telecommunication...
Malacañang is expecting more livelihoods for Filipinos to be generated as approved foreign investments jumped in 2021 amid improving economic conditions despite the pandemic. People flock to Ilaya in Binondo, Manila to shop, with the National Capital Region enjoying the benefits of easing of...
NEDA cites 3 crucial economic measures By Chino S. Leyco The National Economic and Development Authority (NEDA) has identified three economic liberalization measures that are crucial in accelerating economic growth this year and beyond. In a statement, Socioeconomic Planning Secretary Karl Kendrick...
FIRB identifies 3 barriers to foreign investments By Chino S. Leyco The prolonged pandemic, high costs of doing business, and foreign equity restrictions in the Philippines are the main barriers to foreign investments in the country, the Fiscal Incentives Review Board (FIRB) said on Wednesday, Jan....
While presidential aspirant Vice President Leni Robredo agrees that more foreign investments are needed to improve public services in the country, she wants to make sure that there are safeguards for Filipino investors in the recently-passed bill that will allow foreign ownership of public...
Department of Agriculture (DA) Secretary William Dar has encouraged the government to review and adjust foreign investments policies that are deemed "unsuited" to the present needs of the agriculture sector in the country. DA Secretary William Dar (Photo courtesy of DA) Speaking during the virtual...
EDITORS DESK BERNIE CAHILES-MAGKILAT The remaining strands of protection for domestic enterprises from majority foreign control will be lifted once the three pending economic bills are passed into law. In his last state of the nation address, President Duterte made a last ditch appeal to Congress...
