Employers Push for Removal of Restrictions on Foreign Investments
To better prepare for the opportunities and challenges that the Asean economic integration will bring to the labor sector, the country’s largest group of employers has reiterated the business sector’s call to remove the restrictions on foreign investors.
The 35th National Conference of Employers’ resolutions presented by the Employers’ Confederation of the Philippines (ECOP) to House Speaker Feliciano “Sonny” R. Belmonte Jr. on Friday included the group’s call to “rationalize investment incentives and review foreign equity requirements to encourage the entry of foreign investors.”
Source: Philippine Daily Inquirer