philippine news

Business, labor for foreign ownership

Angelo Samonte
Manila Times

Business and labor are for opening up the country?s media, services and utilities to foreign ownership.

The sentiments of the two sectors surfaced at consultations held in Makati City Thursday by the Consultative Commission.

Representatives from business and labor groups said they will allow more laxity regarding foreign ownership of public utilities, except in the transportation sector.

They also wanted foreign players in educational…

No Comments, Comment or Ping

Reply to “Business, labor for foreign ownership”