The stage is set for greater foreign ownership of certain sectors as the National Economic and Development Authority released yesterday the implementing rules and regulations for the law amending the Public Service Act.
The National Economic and Development Authority is looking to issue the amended guidelines for joint venture agreements between the government and private entities within the fourth quarter as part of efforts to provide an enabling investment climate for businesses.
The National Economic and Development Authority (NEDA) vowed to create a more enabling regulatory and investment climate that supports businesses in the country as the private sector plays a critical role in boosting job creation and reducing poverty.
In his remarks at the US-ASEAN Business Counci