WebJun 27, 2024 · On 27 June 2024, the Government of Philippines issued the 12th Foreign Investment Negative List (FINL), by removing the manufacture, repair, storage and/or distribution of products requiring clearance from the … WebApr 11, 2024 · On 22 March 2024, the president of the Philippines signed into law RA 11659, which amends the Public Service Act, with a view to liberalizing the foreign equity restrictions imposed by the Philippine Constitution on ‘public utilities’. ... transaction or (ii) any investment in a public service that effectively results in the grant of ...
Romualdez vows passage of bills to sustain economic growth
WebMar 4, 2024 · MANILA – President Rodrigo R. Duterte has signed into law a measure amending the Foreign Investment Act (FIA) to make the Philippines more accessible to … WebFeb 4, 2024 · February 4, 2024 12:00am MANILA, Philippines — The Philippine Competition Commission (PCC) and foreign business groups lauded yesterday … stay at the system page ng
PHL to reverse infra underinvestment–DOF Raadee S. Sausa
WebThe amendments to the Retail Trade Liberalization Act (RTLA), Foreign Investments Act (FIA), and the Public Service Act (PSA) relaxed foreign restrictions on investments in the country. ... From August 2024 to December 2024, total investment capital from approved priority activities with incentives under CREATE has already reached PHP414.3 ... WebJan 9, 2024 · MANILA – Finance Secretary Carlos Dominguez III lauded President Rodrigo Roa Duterte and Congress for the enactment into law of a measure backed by the Department of Finance (DOF) that seeks to further liberalize the Philippine economy and open the country to more foreign direct investments (FDIs) and job creation. WebOct 15, 2024 · (a) Establishment.—Not later than 180 days after the date of the enactment of this Act, the President shall establish an interagency task force to be known as the “Countering Economic Coercion Task Force” (referred to in this section as the “Task Force”). (b) Duties.— (1) I N GENERAL.—The Task Force shall— (A) oversee the development … stay at the oregon coast