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Philippines Finance Secretary, Carlos Dominguez, has advised legislators against allowing foreign ownership of land, an 'emotional' issue for Filipinos A
Finance Secretary Carlos Dominguez had advised lawmakers against allowing foreign ownership of land, an 'emotional' issue for Filipinos A House committee agreed to strike out from their charter change (Cha-Cha) resolution the proposed amendment that would have allowed foreigners to own land in the Philippines. On Tuesday, February 2, the House committee on constitutional amendments deleted this provision just before they approved Resolution of Both Houses (RBH) No. 2, which is designed to allow Congress to tinker with the current restrictions on foreign investors by way of legis...