We are one week away from AmCham-RESPOND’s first briefing under the Special Reform Legislative Discussion Series to be held on January 29, from 9 am to 11am, at AmCham Hall, 2nd Floor, Corinthian Plaza Building, 121 Paseo de Roxas, Makati City.
This briefing will discuss proposed amendments to the 83-year old Public Services Act (Commonwealth Act 146) in House Bill No. 78 and four Senate Bills. This is an extremely important reform measure which will open up key sectors such as telecommunications and transportation to foreign ownership, to the benefit of the economy and consumers. President Duterte certified the bill as urgent in the 17th Congress and DOF Secretary Dominguez has identified it as a high priority of government. When enacted, the reform should result in many new opportunities for AmCham members to expand their investments into new activities.