Foreign companies keen on investing in PH

By Philippine News Agency

Apr 19, 2022 12:16 am

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 Chairman 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.

INVESTOR DESTINATION? A view of the Makati skyline. Many multinational companies are eyeing the Philippines as a place to invest following the passage of economic reforms that would pave the way for them to enter the country. PHOTO BY JOHN RYAN BALDEMOR

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