Abo and Penaranda Law firm

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foreign investment act

philippine tourism

Foreign Investment Opportunities to Philippine Tourism

Foreign investment Law / By

Philippines, a Prime Tourist Destination The Philippines is a country abundant in biodiversity, natural resources, and scenic destinations. Among these tourist attractions are Boracay’s white sand beaches, Palawan’s underground river, Siargao’s surf scene, Cagayan Valley’s caves, Bicol’s perfect cone-shaped Mayon volcano, and Ifugao’s rice terraces. Aside from magnificent tourist destinations, the Philippines also boasts a …

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Philippine Foreign Investment

Philippines Further Eases Restrictions on Foreign Businesses: Amendments to the Foreign Investment Act of 1991

Corporation Law, Foreign investment Law / By

In a world trying to pick itself up after a series of unfortunate events, from a death-dealing Pandemic to threats of a disastrous war, every head of state is on a quest for a ploy to help reawaken their debilitated economy. Like any other corner of the globe, the Philippines was not spared from the …

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foreign investment

Foreign Investment Negative List

Foreign investment Law / By

On 29 October 2018, President Rodrigo Duterte issued the 11th Foreign Investment Negative List. The said Foreign Investment Negative List took effect on 16 November 2018. As with the previous List, the current one outlines clarifies the scope and limitations of foreign ownership in businesses in specific industries.