MANILA -The Philippines and Australia are revving up efforts to strengthen cooperation in various sectors, especially transportation, mineral resources and agriculture technology, encouraged by the issuance of the rules implementing the law that liberalizes key public service businesses. The National Economic and Development Authority released the implementing rules of the amended Public Service Act on March 20 and they will be in force starting April 4. The amended Public Service Act has allowed full foreign ownership of businesses in industries such as airports, railways, toll roads, expressways and telecommunications.

https://business.inquirer.net/393172/ph-australia-keen-on-leveling-up-trade-ties-partnership

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