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Politics

NOGRALES – FDI HIKE MEANS MORE JOBS FOR PINOYS

The chair of the House of Representatives’ labor and employment committee hailed the increase of foreign direct investments in the country, saying these investments would help in creating more jobs for Filipinos. Data released by the Bangko Sentral ng Pilipinas recently showed that FDI net inflows in July 2024 increased by 5.5 percent to $820 […]

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Politics

SECURE MORE FOREIGN DIRECT INVESTMENTS TO CREATE MORE JOBS – GORDON

In line with his call for refocusing the country’s priorities, Senator Dick Gordon said the government should make an effort to secure more foreign direct investments (FDIs) to create more jobs for the people. “Is there an alternate plan by the government to generate jobs? Obviously, the country has to generate jobs so that more […]

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Politics

AMEND FOREIGN INVESTMENTS ACT TO STIMULATE JOB CREATION – GATCHALIAN

Senator Win Gatchalian is pushing for the amendment of the 1991 Foreign Investments Act (FIA) in a bid to provide a renewed boost to the entry of foreign direct investments (FDI) into the country and stimulate job creation. Senate Bill No. 2227, sponsored by Gatchalian, seeks to amend certain provisions of the FIA to “take […]

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Politics

IT IS TIME TO LIFT FOREIGN OWNERSHIP LIMITS – GATCHALIAN

Senator Win Gatchalian on Tuesday stressed the need to amend the country’s current economic laws to foster a more competitive business environment in the Philippines as he called on Senate to accelerate the passage of much-needed legislative reforms designed to make the country more adaptive to current and future business demands and trends. Gatchalian, chair […]

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Politics

LIBERALIZATION OF FOREIGN INVESTMENT LAWS TO BRING GAME-CHANGING BENEFITS TO FILIPINO CONSUMERS – GATCHALIAN

  Senator Win Gatchalian has vowed to champion liberalization reforms to build an inclusive, efficient, and competitive business environment in the Philippines, saying that the resulting influx of foreign direct investment (FDI) will bring about “game-changing benefits” for Filipino consumers. Speaking before the Joint Foreign Chambers of Commerce during the seventh anniversary of Arangkada Philippines, […]