“Senate President Juan Miguel Zubiri said on Jan. 15 that the Senate will work with the House of Representatives in amending the 1987 Constitution to "ensure" that the "liberalized policies contained in the Public Services Act can be implemented and relied on by investors as an enduring policy.”
What Vera Files found
In December 2023, Zubiri said amending the Constitution was not necessary, asserting that the government just have to implement the 2022 amendments to the 1936 Public Services Act, which removed the 40% restrictions on foreign ownership of businesses in key investment areas.
Their words, from the summary they publish with the rating.
In short
Juan Miguel Zubiri (Senate President) made this claim around 15 January 2024. Vera Files (Philippines) looked into it and published its finding on 26 January 2024, 11 days later. Its rating was “Flip-flop”.
Juan Miguel Zubiri has 4 checked claims in this archive. Fact-checking organisations rated 3 of them false or fake, 1 misleading or mixed and 0 true.
Where the claim appeared
Links recorded by Vera Files. Some posts may have been deleted since.
This check was done by Vera Files, not by DoesItStand. We list it so you can find it. Their full evidence and reasoning are in their article.