Odernize Several Sectors Of Public Service And Improve The Delivery Essential Services News Today : Breaking News, Live Updates & Top Stories | Vimarsana

President Rodrigo Roa Duterte (File photo) MANILA - President Rodrigo Roa Duterte on Monday signed into law a measure amending the Public Service Act (PSA), allowing up to 100 percent foreign ownership of public services in the country. Republic Act (RA) No. 11659 or "An Act Amending Commonwealth Act No. 146 otherwise known as the Public Service Act" as amended was signed by Duterte in a ceremony at the Rizal Hall, Malacanan Palace in the presence of lawmakers and other officials. Under the amended PSA, the telecommunications, railways, expressways, airports, and shipping industries will be considered public services, allowing up to 100 percent foreign ownership in these sectors. Duterte also led the ceremonial presentation of newly enacted laws namely RA 11647 which amends the Foreign Investments Act; RA 11650, which ensures inclusive education for learners with disabilities; and RA 11648, which increases the age for determining statutory rape from 12 to 16-years-old. In his ....

Lanao Del Sur , Rizal Hall , Rodrigo Roa Duterte , Inclusive Learning Resource Center , Public Service Act , Public Service , Act Amending Commonwealth , Malacanan Palace , Foreign Investments Act , President Rodrigo Roa Duterte File Photo Manila On Monday Signed Into Lawa Measure Amending The Public Service Act Psa , Llowing Up To 100 Percent Foreign Ownership Of Public Services In The Country Republic Act Ra No 11659 Or Quot An Amending Commonwealth 146 Otherwise Known As Service Amended Was Signed By Duterte Ina Ceremony At Rizal Hall , Alacanan Palace In The Presence Of Lawmakers And Other Officials Under Amended Psa , He Telecommunications , Nd Shipping Industries Will Be Considered Public Services , Llowing Up To 100 Percent Foreign Ownership In These Sectors Duterte Also Led The Ceremonial Presentation Of Newly Enacted Laws Namely Ra 11647 Which Amends Investments Act 11650 , Hich Ensures Inclusive Education For Learners With Disabilities And Ra 11648 , Hich Increases The Age For Determining Statutory Rape From 12 To 16 Years Old In His Speech , E Thanked Congress For The Timely Ratification Of Amended Psa , Oting That It Will Aid The Country In Leading Path Towards Economic Recovery Amid Covid 19 Pandemic Quoti Believe Through This Law , He Easing Out Of Foreign Equity Restrictions Will Attract More Global Investors , Odernize Several Sectors Of Public Service And Improve The Delivery Essential Services , Uot Duterte Said He The Amended Psa And Foreign Investments Act Will Both Help Stimulate Economy , Specially For Local Businesses Quot It Is Also Expected To Generate More Jobs Filipinos , Mprove Basic Services For Filipino Consumers , Nd Allow For The Exchange Of Skills And Technology With Country 39s Foreign Partners , Uot He Added Ra 11647 Or The Amended Foreign Investments Act Relaxes Restrictions On By Allowing Investors To Invest Ina Local Enterprise Up 100 Percent Of Its Capital Meanwhile ,