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By , 17 May 2024
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12 Jul 2024
Progressions in Philippine Maritime Law – Opening the Gates Via the Amended Public Service Act
The Philippines has long been considered the sick man of Asia. With repeated moves to open up its economy and liberalize industries in the name of development and foreign investments, the Public Service Act has finally been amended. This is the breakthrough that supposedly a lot of industries have been waiting for, the shipping industry included. This article aims to give a glimpse into what may lie ahead for shipping and its related businesses.