Amendment to Foreign Investments Act

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Republic Act No. 11647: Amendment to Foreign Investments Act

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Title Supreme Court: Amendment to Foreign Investments Act

Law: Republic Act No. 11647

Decision Date: Mar 2, 2022

Republic Act No. 11647 amends the Foreign Investments Act to enhance foreign investment opportunities in the Philippines by promoting transparency, accountability, and a comprehensive marketing strategy, while allowing up to 100% foreign ownership in certain sectors and establishing an Inter-Agency Investment Promotion Coordination Committee to streamline investment facilitation.

foreign investments

investment policy

economic development

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