Manila, Jan. 16 -- The Department of Trade and Industry (DTI) is in favor of further liberalizing the economy but not necessarily through constitutional amendments, Secretary Ramon Lopez said Friday.

Lopez said it has been DTI's principle to support moves to open up the economy and lift restrictions that hamper economic growth, including those on foreign ownership.

"Kung magagawa ito sa pamamagitan ng ilang mga batas, not necessarily constitutional amendment, ito po ang nakikita naming mas madali moving forward (If this could be done by passing some bills, not necessarily constitutional amendment, this is what we see as the easier way to move forward)," he said during a Laging Handa public briefing.

Lopez said the department has nothing ...