Live Breaking News & Updates on ப்ரெஸிடெஂட் ஸ்டீபன் ஸ்கிமிட்ஸ்

BusinessWorld
January 19, 2021 | 7:53 pm
The proposed 12
th Regular Foreign Investment Negative List (FINL) will be presented to President Rodrigo R. Duterte later in the year, Acting Socioeconomic Planning Secretary Karl Kendrick T. Chua told
BusinessWorld last week.
Asked if the upcoming list will offer a less restrictive environment for foreign investors, Mr. Chua said via Viber: “That is in the process of review.”
“There are limits to the FINL since some require legislation, so we need to also pass the PSA (Public Service Act), RTL (Retail Trade Liberalization Act), and FIA (Foreign Investment Act) amendments,” he added, noting that the treatment of these industries will be a priority in the new list. ....

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