Why is a charter change not needed at this time?
Even if you have a Constitution that provides for 100% foreign ownership in all sectors, without a nice, stable business environment to thrive in, we can’t expect investors to suddenly flock in droves.
[...] if there’s anything that pulled down our economic trajectory in the 20th century, it was Martial Law and Marcos Sr.’s economic mismanagement – not the 1987 Constitution.
Jan Carlo “JC” Punongbayan, PhD
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