Latest Breaking News On - A house leader said on monday committee economic affairs chair sharon garin the country is now attracting quot good kind of attention from investors who were previously hesitant to invest in because restrictive old laws finally - Page 1 : comparemela.com

(File photo) MANILA - Many international companies are keen on investing in the Philippines after the passage of game-changing reforms under the Foreign Investments Act and Public Service Act, a House leader said on Monday. House Committee on Economic Affairs chair Sharon Garin said the country is now attracting the "good" kind of attention from investors who were previously hesitant to invest in the country because of restrictive old laws. "Finally, after a century of restrictions, we now have relevant laws to help which encourages long-term investments in underutilized public sectors such telecommunications, shipping, air carriers, railways, and subways," Garin said. Garin particularly noted that Elon Musk's satellite-based internet service Starlink would soon operate in the Philippines. "We have heard from Elon Musk's Starlink, which will hopefully make internet better and more accessible all over the country. Their low-orbit satellite technology can

Alain gaschenSteven robinsonElon muskSharon garinHouse committee on economic affairsPublic serviceEuropean chamberForeign investments actPublic service actEconomic affairsSwiss ambassadorPhilippines alain gaschenAustralian ambassadorPhilippines steven robinsonIle photo manila many international companies are keen on investing in the philippines after passage of game changing reforms under foreign investments act and public serviceA house leader said on monday committee economic affairs chair sharon garin the country is now attracting quot good kind of attention from investors who were previously hesitant to invest in because restrictive old laws finally