THREE business groups back moves to amend the economic provisions of the 1987 Constitution, specifically lifting the foreign equity restrictions to attract more foreign direct investments (FDIs) into the country.

The European Chamber of Commerce of the Philippines (ECCP), Italian Chamber of Commerce in the Philippines (ICCPI), and American Chamber of Commerce of the Philippines (AmCham) all told The Manila Times via Viber that they back the Senate's initiative to amend the economic provisions of the Constitution, which has been standing since 1987.