Saturday, May 2, 2026
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Tag: Public Service Act

Cerberus unit eyes APECO international airport project

Aurora Pacific Economic Zone and Freeport Authority (APECO) is exploring a potential partnership with a US-based subsidiary of Cerberus Capital Management for the full...

Amended Public Service Act can harm Filipino investors

Giving a new definition to a public utility to skirt the foreign equity requirement under the Constitution may harm Filipino investors. The new law, Republic...

Salceda urges admin to step up on FDIs

Albay Rep. Joey Sarte Salceda is urging the economic team of President Ferdinand Marcos Jr. to “ramp up efforts for the country to catch...

BBM for full foreign capital in power deals

President-elect Ferdinand Marcos Jr. is open to the possibility of allowing 100-percent foreign ownership of power generation projects, but the government must first iron...

Biz groups push for economic bills

Seven business groups and six foreign chambers called on the House and Senate to pass the remaining priority economic reform bills as Congress approaches...

Gov’t asked to put out rules on new investment statutes

Members of the Joint Foreign Chambers asked the government to immediately issue the implementing rules and regulations of the amended Public Service Act (Republic...

Makati Business Club supports PSA

The Makati Business Club supports the signing of the Public Service Act by President Rodrigo Duterte and the push it will give to the...

DICT: No security risk in full foreign capital in telcos, still subject to checks

The government does not see any national security threat arising from the passage of the law granting 100 percent foreign ownership of public services...

It’s about time

President Duterte on Monday signed into law a measure amending the Public Service Act (PSA), effectively allowing 100 percent foreign ownership of telecommunications companies,...

BSP bullish on inflow of capital from abroad

Bangko Sentral ng Pilipinas Governor Benjamin Diokno said Tuesday that the amendments to the Public Service Act and other vital economic reforms is likely...

Salceda lauds Duterte for signing amended Public Service Act

Albay Rep. Joey Sarte Salceda lauded President Rodrigo Duterte for signing of the new law amending the 85-year-old Commonwealth Act No. 146 or the...

Rody signs law liberalizing foreign ownership of telcos, airline, media

The Philippines eased restrictions Monday to allow 100% or full foreign ownership of airline, telecommunications, mass media, railways, and logistical or shipping operators, as...

Bistek: Filipino, foreign investors can bring reliable internet connection to PH

Senatorial candidate Herbert “Bistek” Bautista on Friday proposed the merger of resources by Filipino and foreign investors to bring reliable internet services to millions...

Salceda: PSA bill is now in PRRD office

Albay Rep. Joey Sarte Salceda said the enactment of the Public Service Act amendments (PSA) will help create local jobs as well as reduce...
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