Manila, June 2 -- A total of 38 government agencies signed a joint memorandum circular (JMC) on Monday, institutionalizing the Investment Facilitation Network (INFA-Net) that will address investors' concerns on ease of doing business in the country.

During the JMC signing in Makati City, Department of Trade and Industry (DTI) Secretary Ma. Cristina Roque said this initiative is aligned with President Ferdinand R. Marcos Jr.'s vision of streamlining regulatory processes and cut red tape.

"It reflects our shared commitment to break down barriers, reduce red tape, and send a strong message that we are open for business. As we align with President Ferdinand Marcos Jr.'s vision of Bagong Pilipinas, we are building a more agile, investor-focu...