Salceda hails PRRD’s signing amended Public Service Act

House Ways and Means Committee chair, Albay Rep. Joey Sarte Salceda, has hailed President Duterte’s recent signing of the new law amending the 85-year-old Commonwealth Act No. 146, or the Public Service Act Principally authored by Salceda in the Lower House, the measure would now allow foreigners to completely own businesses in the country, and encourage foreign investments in sectors that are essential to public welfare, which in turn would help close the investment gap in the country.

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