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Foreign Investments Act (FIA) of 1991 stipulates that foreign ownership in industries can go up to 100%, except those specified in the Foreign Investment Negative List. Industries in the FINL require at least 60% of Filipino ownership, which means that 60% of capital stock outstanding and entitled votes is owned and held by citizens of the ...
The MIF is the Philippines' first sovereign wealth fund. It will be allocated across a variety of assets, including foreign currencies, fixed-income instruments, domestic and foreign corporate bonds, commercial real estate, and infrastructure projects.
Investment Company Act (RA No. 2629), as amended, and its Implementing Rules and Regulations (IRR) Investment Houses Law (PD No. 129) Civil Code of the Philippines (RA No. 386, Title IX - Partnership) Retail Trade Liberalization Act of 2000 (RA No. 8762) Foreign Investments Act of 1991 (RA No. 7402), as amended
Philippine Food Technology Act 2018-06-29: 11053: Amending RA 8049 or the Anti Hazing Act: Anti-Hazing Act of 2018 2018-07-27: 11054: Organic Act for the Bangsamoro Autonomous Region in Muslim Mindanao: Repealing RA 6734 and RA 9054 or the Organic Acts for the Autonomous Region in Muslim Mindanao 2018-08-06: 11055: Philippine Identification ...
[22] [23] Imee Marcos accused House Speaker Martin Romualdez of spearheading the initiative for Charter change and questioned the initiative's motives, saying the restrictive economic provisions have already been addressed in the past Congress through the enactment of the Retail Trade Act, Foreign Investments Act, and Public Service Act. [17]
The mandate included direct supervision of various executive departments related to the economy, as well as other affiliated agencies involved in foreign investments, such as the Board of Investments, Philippine Economic Zone Authority, and the Securities and Exchange Commission. The SAPIEA also sit as a member of the NEDA Board. [2]
On February 21, 1995, EPZA became PEZA due to the enactment of Republic Act 7916 which was passed by the House of Representatives and the Senate and approved by former Philippine President Fidel V. Ramos. [7] As provided in the Special Economic Zone Act, the PEZA Board is chaired by the Secretary of the Department of Trade and Industry.
It was established to develop the country's innovation goals, priorities, and long-term national strategy established by virtue of Republic Act No. 11293 or the Philippine Innovation Act of 2018. [27] It is headed by the president of the Philippines as chairman of the NIC, with the Secretary of Socioeconomic Planning as vice-chairman. [28]