Foreign business chambers have expressed support for legislative moves to amend the Foreign Investment Act of 1991 (FIA) with regard to the entry of foreign professionals and requirements for full ownership of domestic firms.
In a statement dated January 24 but only sent to reporters on Monday, the Joint Foreign Chambers of the Philippines (JFC) called for the approval of all amendments contained in Senate Bill 2102 that is being deliberated by the chamber’s economic affairs committee.
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