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Duterte wants Congress to pass three economic bills relaxing restrictions on foreign investments in PH


Duterte wants Congress to pass three economic bills relaxing restrictions on foreign investments in PH
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Metro Manila (CNN Philippines, April 13) – President Rodrigo Duterte has called on Congress to immediately pass three economic bills that seek to relax foreign investments, in a bid to aid the country s economic recovery amid the COVID-19 pandemic.
In a letter addressed to Senate President Vicente Sotto III, Duterte requested the immediate passage of Senate Bills 2094, 1156, and 1840. The three measures are pending in their respective committees and are due to be passed on second reading.
The President certified as urgent the passage of these economic bills to provide a more conducive investment climate, increase job opportunities, foster more competition, and further spur the country s economic growth. ....

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