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.
Source
Number of interventions
1
1 certainly harmful
0 likely harmful
0 liberalising
Implementation date
28 Apr 2026
Revocation date:
No revocation date
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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