Charter change does not address the binding constraints
On March 20, voting 228-8-2, the House of Representatives passed Resolution of Both Houses No. 7 (RBH7), proposing amendments to the economic provisions of the 1987 Constitution. RBH7 wants to lift foreign equity restrictions on educational facilities, public utilities, and advertising firms. According to House Speaker Martin Romualdez, the amendments are the “last piece in […]
Tomas Kauer - News Moderator 
On March 20, voting 228-8-2, the House of Representatives passed Resolution of Both Houses No. 7 (RBH7), proposing amendments to the economic provisions of the 1987 Constitution. RBH7 wants to lift foreign equity restrictions on educational facilities, public utilities, and advertising firms. According to House Speaker Martin Romualdez, the amendments are the “last piece in […]
