comparemela.com

Latest Breaking News On - In charge secretary emmanuel - Page 1 : comparemela.com

New Public Service Act has safeguards vs security risks

MANILA - The new law allowing 100 percent foreign ownership of some public services includes provisions to protect the country from "security risks", an official of the Department of Information and Communications Technology (DICT) said on Thursday. In a Laging Handa briefing, DICT Officer-In-Charge Secretary Emmanuel "Manny" Caintic said the recently signed Republic Act (RA) 11659 or Public Service Act includes provisions such as allowing the President to veto any investments related to a state-owned enterprise. "Kinikilala ng batas mismo ang risk na ito, iyong security risk ng pagkaroon ng 100 percent ownership kung kaya may mga probisyon na nagsisiguradong talagang ligtas tayo sa mga ito (The law recognizes the risks related to allowing 100 percent foreign ownership that's why we have provisions ensuring security)," Caintic said. Other provisions, he said, include the requirement of an International Organization for Standardization (ISO) and cyber-s

© 2025 Vimarsana

vimarsana © 2020. All Rights Reserved.