Announcement
15 Dec 2021
In December 2021, the Philippines allowed 100 percent foreign ownership of public services in telecommunications, airlines, shipping, and railways.
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Number of interventions
2
1 certainly harmful
0 likely harmful
1 liberalising
List of interventions
Implementation date
15 Dec 2021
Revocation date:
No revocation date
Updated: 15 Dec 2021
FDI: Entry and ownership rule
In force
On 15 December 2021, the Philippines Senate passed Senate Bill (SB) 2094, prohibiting foreign SOEs from owning capital in a public service classified as critical infrastructure.
The critica...
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Implementation date
15 Dec 2021
Revocation date:
No revocation date
Updated: 15 Dec 2021
FDI: Entry and ownership rule
In force
On 15 December 2021, the Philippines Senate passed Senate Bill (SB) 2094, enabling 100 percent foreign ownership of public services in telecommunications, airlines, shipping, and railways.
...
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