In a bid to spur economic growth and recovery, President Duterte recently certified three economic bills as urgent to ease foreign investment restrictions in the country. The specific bills are the proposed amendments to the Public Service Act (PSA), Retail Trade Liberalization Act (RTLA), and Foreign Investments Act (FIA) all of which have received support from economic managers, industry associations and business groups, and development planners.

In this context, the European-Philippine business community is hosting a special online discussion with Senators Koko Pimentel and Grace Poe to walk us through the three priority bills and their broader implications to improve the country’s investment climate and increase business confidence. The senior lawmaker will also take a closer look at the proposed next steps of the upper chamber in light of this development as well as the legislative updates and priorities of the Senate.

Program

10:00 AM to 10:05 AM

Opening Message

European Chamber of Commerce of the Philippines

10:05 AM to 10:10 AM

Introduction of Keynote Speakers

German-Philippine Chamber of Commerce and Industry

10:10 AM to 10:25 AM

Opening Statement on FIA and RTLA Amendments

Hon. Aquilino “Koko” Pimentel III [confirmed]

Chairperson, Senate Committee on Trade, Commerce, and Entrepreneurship

10:25 AM to 10:40 AM

Opening Statement on PSA Amendments

Hon. Grace Poe Chairperson,

Senate Committee on Public Services

10:40 AM to 11:25 AM

Moderated Panel Discussion and Open Forum

Moderator: British Chamber of Commerce of the Philippines

11:25 AM to 11:30 AM

Closing Remarks

French Chamber of Commerce and Industry in the Philippine