Announcement
13 Apr 2026
In April 2026, the Philippines issued the Thirteenth Regular Foreign Investment Negative List. The list specifies sectors where foreign equity is prohibited or limited to certain percentages.
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Number of interventions
1
1 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
28 Apr 2026
Revocation date:
No revocation date
Announced: 13 Apr 2026
FDI: Entry and ownership rule
In force
Recent update from 22 Apr 2026:
On 13 April 2026, the President of the Philippines published Executive Order No. 113, promulgating the Thirteenth Regular Foreign Investment Negative List (RFINL). The new RFINL imposes a 40% cap o...
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