Alfredo Pascual, Foreign Secretary Enrique Manalo, and Communications Secretary Cheloy Garafil at the 43rd ASEAN Summit in Jakarta on Tuesday. PCO Photo
Among others, Romualdez cited legislative reforms such as the amendment to the Public Service Act, Foreign Investment Act, and the Retail Trade Liberalization Act aimed at further opening up the Philippines to the entry of foreign investments as well as incentives for investors under the Corporate Recovery and Tax Incentives for Enterprises Act .
In addition to the 43rd ASEAN Summit, Romualdez said the Jakarta gathering of regional leaders would also include related summits of ASEAN with dialogue partners such as the United States, China, Canada, Japan, and South Korea, as well as with the United Nations.
Source: News Formal (newsformal.com)
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