The share price of fast-food giant Jollibee Foods Corp. (JFC) surged 10.72 percent Thursday after the company scrapped its foreign ownership cap.
JFC’s stock closed...
Advocacy group Foundation for Economic Freedom on Wednesday welcomed the Marcos administration's move to open the renewable energy sector to 100-percent foreign investments.
"We foresee...
The government does not see any national security threat arising from the passage of the law granting 100 percent foreign ownership of public services...
President Duterte on Monday signed into law a measure amending the Public Service Act (PSA), effectively allowing 100 percent foreign ownership of telecommunications companies,...
The Philippines eased restrictions Monday to allow 100% or full foreign ownership of airline, telecommunications, mass media, railways, and logistical or shipping operators, as...
Senator Risa Hontiveros warned that allowing foreigners to fully own public utilities may lead to China controlling crucial infrastructure in the Philippines.
“If foreigners are...
Allowing 100 percent foreign ownership in public utilities, with certain restrictions, will solve the unending woes suffered by consumers caused by poor but costly...
The House of Representatives is poised to approve on final reading anytime soon a bill amending the 84-year-old Public Service Act.
This came after the...
Limits on foreign ownership of the Philippine telecom industry should be lifted to attract investment and improve its service, a senior Cabine official said...
THE farmers’ group Kilusang Magbubukid ng Pilipinas on Sunday expressed disappointment over Davao City Mayor Rodrigo Duterte’s statement saying he supports allowing foreigners to...
