Filipinos have a “nuanced” view on the possible impact of lifting the foreign ownership restrictions in the 1987 Constitution, according to Pulse Asia president Ronald Holmes.
MANILA, Philippines —
The think tank, however, did not highlight the negative impacts seen by Filipinos if foreign ownership restrictions are lifted. Fifty-five percent said foreign capital would dominate local investors and business, 54 percent said the prices of goods and services would decrease and 43 percent said national security would be at risk.
The survey results, Holmes said, also show that the public is aware of the factors that deter the entry of foreign capital, including those that have nothing to do with the lifting of restrictive provisions in the Constitution. “The above results indicate that the public is keenly aware of the factors that deter the entry of foreign capital, including those that have nothing to do with the lifting of the restrictive provisions in the Constitution,” Holmes said.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
‘Under Parallel Skies’ paints a nuanced picture of life’s realitiesDefining the News
Read more »
No Filipinos hurt in twin Taiwan tremors—DMWDefining the News
Read more »
MBFI 'Outstanding Filipinos' reach out to Pag-asa Island residentsMETROBANK Foundation Inc. (MBFI), together with the three alumni networks of the Metrobank Foundation Outstanding Filipinos, spearheaded and organized a multi-sectoral outreach program in Pag-asa Island in the Municipality of Kalayaan in Palawan on April 20, 2024.
Read more »
Most Filipinos suffer from calcium deficiency, DOST experts alarmedAbout 97.2% of Filipinos aged 19 to 59 years old and 95.5% of those aged 60 and above are calcium deficient, according to the Department of Science and Technology's Food and Nutrition Research Institute's (DOST-NRFI) 2021 Expanded National Nutrition Survey (ENNIS).
Read more »
Gov’t tasked to ensure water for 40M Filipinos“Forty million is too large a number to live with,” Marcos said during a sectoral meeting at Malacañan Palace.
Read more »
Why do many Filipinos still sleep on street pavements?On my daily routine traveling to work, I see children with their grown-ups, parents presumably, sleeping on the side streets in makeshift carton shelters.
Read more »