LAWMAKERS for and against Charter change (Cha-cha) are set to slug it out today when the House Committee on Constitutional Amendments begins to tackle House Resolution (HR) 1, which seeks to amend the economic provisions of the 1987 Constitution.
The bill aims to remove limits to foreign ownership of public utilities, media entities, land and exploration of natural resources to 40 percent and of advertising firms, and other business ventures to 30 percent, with the majority owned by Filipinos.
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