The Trade Department called for a repeal of the blanket prohibitions of the Public Service Act that discourages foreign companies from making significant investments...
"We need capital that would translate to jobs."
One big problem of the country amid the COVID-19 pandemic is joblessness with the imposition of restrictive health...
Business groups on Tuesday expressed strong support for the liberalization of the Philippine economy through the passage of the amendments to the Public Service...
The Department of Finance said over the weekend vital economic reforms are needed to attract more foreign investments and create more jobs for Filipinos.
It...
President Rodrigo Duterte on Thursday expressed optimism that Congress would heed his call to pass the remaining priority measures of his administration.
In a keynote...
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...
Former Supreme Court Associate Justice Antonio Carpio has insisted that allowing 100 percent foreign ownership in telecommuciations firms in the country is illegal without...
Congress has passed House Bill 78 allowing 100-percent foreign ownership of public utilities such as transportation, communication, and power firms.
At least 136 House members...
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...
p.p1 {margin: 0.0px 0.0px 0.0px 0.0px; line-height: 14.0px; font: 14.0px Helvetica}
span.s1 {font-kerning: none}
"If a public utility is clearly shown to be violating the terms...
