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Foreign businessmen hail Senate approval of Public Services Act – Manila Bulletin



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Published December 15, 2021, 4:29 PM
by Bernie Cahiles-Magkilat

Foreign businessmen hailed the approval of Senate Bill 2094, which seeks to amend the Public Services Act (PSA), saying the amendments will match policies that Philippine peers in ASEAN already have.

In a statement, the Joint Foreign Chambers (JFC) expressed optimism that the game changing law will pass in the current Congress as the bill has been certified urgent for immediate enactment by President Rodrigo Duterte.
According to JFC, the PSA amendments will match policies that Singapore, Thailand, and Vietnam already allow and that Indonesia last year opened to foreign investment. It also complies with commitments the Philippines made in the ASEAN Comprehensive Investment Agreement to open investment in services to other ASEAN members, effective in 2012, as part of the ASEAN Economic Community. And it will allow the Philippines to better qualify to be a member of advanced plurilateral trade and investment agreements such as the Comprehensive and Progressive Transpacific Partnership.
The JFC stressed that the PSA amendments bill, along with several investment liberalization bills, are landmark laws in the 18th Congress. The Retail Trade Liberalization Act amendments just lapsed into law and the Foreign Investments Act amendments was recently ratified by both chambers of Congress and will soon be transmitted to the president.
After 3rd reading approval of the PSA amendments bill either a bicam will be convened to reconcile the House and Senate-approved versions or one of the chambers may decide to adopt the other’s version of the bill. The House earlier approved its version on March 10, 2020. Liberalization of the economy is one of the most important measures needed to attain similar levels of foreign investment received by ASEAN neighbors and ensure the Philippine economy’s continued recovery from the pandemic.
Under the approved Senate bill, foreign businessmen are allowed 100 percent ownership of, among others, telecommunications, air carriers, domestic shipping, railways and subways, and canals and irrigation.
Under the approved bill, only the following are classified as public utilities and remain subject to the 60-40 foreign ownership restriction: distribution or transmission of electricity; petroleum and petroleum products pipeline transmission or distribution systems; water pipeline distribution systems and wastewater pipeline systems, airports, seaports, public utility vehicles (defined as road vehicles that carry passengers and/or cargo for a fee, offering services to the public, namely trucks-for-hire, UV express service, public utility buses, public utility jeepneys, tricycles, filcabs, and taxis); and expressways and tollways.
“We strongly support the passage of this vital legislation and pledge our efforts to bring the reform to the attention of appropriate firms in our member countries in the United States, Australia-New Zealand, Canada, Korea, Japan, and Europe. We will encourage them to invest in the Philippines and support better public services for the Filipino people with capital and technology,” the foreign business groups said.
With its large, growing economy, JFC believes the Philippines will enjoy many benefits when local and foreign firms compete side-by-side and together to provide the Filipino with better services that this reform will bring.
As prescribed in the Philippine Constitution, public utilities must be 60 percent Filipino-owned, but the Constitution provides no definition of public utilities. For 85 years the Public Services Act (Commonwealth Act 146) has regulated public services and includes a long list of 25 services which are not natural monopolies and would not usually be considered public utilities under best international practice.
These restrictions have been the basis of the reputation of the country as more closed to foreign investment than most Asian economies. It also created a business environment for the services sector that nurtured oligopolies and weakened competition to the detriment of consumers. Tens of billions of dollars in foreign investment did not come to the Philippines but instead went to our neighbors.
By opening up key economic sectors, particularly telecommunications, transportation and other services, and limiting the definition of public utilities largely to natural monopolies, the PSA amendments bill is expected to create jobs, improve technology, modernize and lower the prices of services to the benefit of Filipino consumers.
Philippine infrastructure consistently ranks 6th behind Indonesia, Malaysia, Singapore, Thailand, and Vietnam in international indices. While the Build, Build, Build program is helping the Philippines to catch up, the PSA amendments bill will allow even more capital to be invested in the country and improve infrastructure services at no cost to the government and taxpayer. This reform will also improve the international ranking of the Philippines by the Organization of Economic Cooperation and Development from its current unattractive placement as one of the three most restrictive economies in the world for foreign investment in public services.
Members of the Joint Foreign Chambers are: American Chamber of Commerce of the Philippines, Australian-New Zealand Commerce of the Philippines, Canadian Chamber of Commerce of the Philippines, European Chamber of Commerce of the Philippines, Japanese Chamber of Commerce & Industry of the Philippines, Korean Chamber of Commerce of the Philippines Philippines, and Association of Multinational Companies Regional Headquarters, Inc.
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TOP 4 Essay Writing Services in the USA: 2023 Edition



essay writing services reddit

As an increasing number of students seek assistance with their academic assignments, the demand for reliable essay writing services continues to grow. With so many options available, it can be challenging to identify the best service providers. To help you make an informed decision, we have compiled a list of the top 4 essay writing services in the USA for 2023. These services have been carefully evaluated based on their reputation, quality of work, customer satisfaction, and affordability. Read on to discover the top essay writing services that can provide you with the support you need to excel in your academic journey.

essay writing services reddit

essay writing services reddit

What Makes a Great Essay Writing Service

Before delving into the top essay writing services reddit, it’s essential to understand the criteria we used to evaluate them. A great essay-writing service should possess the following qualities:

  • Quality of Work: The service should deliver well-researched, original, and high-quality essays that meet academic standards.
  • Professional Writers: The service should have a team of qualified writers with expertise in various subjects who can handle diverse topics.
  • Timely Delivery: The service should be reliable and capable of delivering essays within the given deadline.
  • Customer Support: The service should provide excellent customer support, ensuring effective communication throughout the writing process.
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Now, let’s explore the top 4 essay writing services in the USA for 2023.

TOP 4 Essay Writing Services in the USA: 2023 Edition

2.1 EssayPro

EssayPro is a highly reputable essay writing service known for its commitment to quality and customer satisfaction. They have a diverse team of experienced writers who can handle a wide range of subjects. EssayPro offers a user-friendly platform, allowing students to place orders easily and track the progress of their essays. Their pricing is competitive, and they offer additional features such as plagiarism reports and unlimited revisions.

2.2 Grademiners

Grademiners is a popular choice among students due to its excellent track record and reliability. They have a team of highly skilled writers who are proficient in various academic disciplines. Grademiners ensures on-time delivery and provides 24/7 customer support to address any concerns. They also offer free revisions and a money-back guarantee, ensuring customer satisfaction.

2.3 Ultius

Ultius is known for its exceptional writing services and commitment to customer privacy and security. They have a rigorous writer selection process, ensuring that only qualified professionals handle the essays. Ultius offers a wide range of writing services, including essay writing, editing, and proofreading. They also provide a mobile app for convenient communication and order tracking.

2.4 EduBirdie

EduBirdie is a trusted essay writing service that offers a unique feature called “choose your own writer.” Students can browse through profiles and select a writer who matches their requirements. This personalized approach allows for effective collaboration and ensures that the final essay meets the student’s expectations. EduBirdie also provides 24/7 customer support and guarantees 100% original and plagiarism-free content.

How We Evaluated the Services

To evaluate the essay writing services, we considered several factors, including:

  • Reputation and reliability
  • Quality of work and adherence to academic standards
  • Customer reviews and satisfaction
  • Pricing and affordability
  • Additional features and guarantees
  • Customer support and communication

By carefully analyzing these aspects, we identified the top 4 essay writing services that offer outstanding support to students.


Choosing a reliable essay writing service is crucial for students seeking academic assistance. The top 4 essay writing services mentioned in this article – EssayPro, Grademiners, Ultius, and EduBirdie – have proven their worth in terms of quality, reliability, and customer satisfaction. Whether you need help with an essay, research paper, or any other academic assignment, these services can provide you with the support you need to succeed in your studies.

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