Announcement
09 Jun 2014
In June 2014, the government of Philippines announced changed rules for foreign investors.
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Number of interventions
1
0 certainly harmful
0 likely harmful
1 liberalising
List of interventions
0 in force
Implementation date
No implementation date
Revocation date:
No revocation date
FDI: Entry and ownership rule
On 9 June 2014, the Senate approved Bill no. 2159 'Liberalizing the Entry and Scope of Operations of Foreign Banks in the Philippines', allowing local banks to be fully owned by foreigners. It also gr...
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