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More investments seen with easing int l arrival protocols

File photo MANILA - Potential investments to the Philippines that were set aside amid the pandemic are expected to push through with the easing of restrictions for foreign travelers, a trade official said Monday. During the Laging Handa briefing, Department of Trade and Industry (DTI) Undersecretary Ruth Castelo said many investments were put on hold since the coronavirus disease 2019 (Covid-19) pandemic struck, and among the reasons is the strict policy in the country for foreign travelers. Starting this week, the country will scrap the facility-based quarantine for foreign nationals arriving in the Philippines. Foreign travelers are expected to present a negative result of reverse transcription-polymerase chain reaction (RT-PCR) test done 48 hours before arrival. Castelo said many business activities from foreign sources were delayed since the onset of the pandemic, such as bringing in equipment for their facilities, business missions, and sending foreign experts for their operation

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