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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
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]
The world's average investment (% of GDP) value is 21.70%; Philippines is 6.08 less than the average. In the previous year, 2009, Investment (% of GDP) for Philippines was 14.65% Investment (% of GDP) for Philippines in 2010 was or will be 6.65% more than it was or will be in 2009. [3] Balance of Payments 2000-2008 PSY 2010 [4]
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.
MANILA (Reuters) -American companies are set to announce investments amounting to more than $1 billion in the Philippines, U.S. Commerce Secretary Gina Raimondo said during an official visit to ...
Board of Investment or BOI may refer to: Board of Investment (Mauritius) - investment promotion agency of Mauritius; Board of Investment (Sri Lanka)- investment promotion agency of Sri Lanka; Thailand Board of Investment - investment promotion agency of Thailand; Pakistan Board of Investment - investment promotion agency of Pakistan
In late November 2022, seven lawmakers in the Philippine House of Representatives, including Martin Romualdez and Sandro Marcos, filed House Bill No. 6398, [b] proposing the creation of a sovereign wealth fund for the Philippines to be known as the Maharlika Wealth Fund (MWF), inspired from South Korea's sovereign wealth fund.
Pursuant to said EO and to streamline the decision-making process in the bureaucracy, including the NEDA Board and the Investment Coordination Committee (ICC), the President issued Administrative Order (AO) 8, s. 2017 reconstituting the NEDA Board, reactivating and reorganizing the NEDA Board Executive Committee (ExCom), and reconstituting the ICC.