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Gov’t Urged to Focus Reform Effort on Power, Foreign Investor Lease Laws - BusinessWorld Online
PHILIPPINES, JUL 23 – Business groups urge reforms to power and data laws to reduce high electricity costs and improve regulatory oversight, citing persistent economic opportunities, officials said.
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Business groups call for more reforms to boost Philippine economy
MANILA, Philippines — Philippine business groups and foreign chambers have outlined a comprehensive economic reform agenda—including a call to reform the power industry—ahead of President Marcos’ State of the Nation Address (Sona) next week. A coalition of leading Philippine business groups and members of the Joint Foreign Chambers (PBG-JFC) of the Philippines urged the Marcos […]...Keep on reading: Business groups call for more reforms to boost…
Gov’t urged to focus reform effort on power, foreign investor lease laws - BusinessWorld Online
BUSINESS GROUPS, including the Joint Foreign Chambers of the Philippines said they support a reform agenda led by amendments to the Electric Power Industry Regulation Act and Foreign Investors’ Long Term Lease Act. In a statement, the groups said such reforms will accelerate growth and significantly enhance the investment climate. “While both domestic and global challenges persist, the Philippine economy has continued to demonstrate its underlyi…
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