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This article also features in Forward momentum: Developments are ongoing to strengthen the rules governing business practices. Read more about this report and view purchase options in our online store.

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There were 31 results found for Philippines and Legal Framework

There were 31 results found.
Overview

Developments strengthen the laws governing business practices in the Philippines
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The current administration is focusing its energy on instituting economic reform, overcoming roadblocks to investment in the Philippines and liberalising industries for foreign investors. The developments listed here reflect this overarching theme as the Philippines gears itself for a year of change in its legal and economic landscape. Foreign Investment International investment into the…

Chapter

The Report: Philippines 2018: Legal Framework
OBG
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This chapter examines the legal system of the Philippines, focusing on foreign investment limits governed by negative lists, tax reforms to support better collection of public revenue, data privacy, competition commission rules on recent mergers and other key areas. It also contains a viewpoint from Augusto A San Pedro Jr, Co-managing Partner, V&A Law.…

Event

The 1st National Forum and Public Consultation

The Chairman of the Consultative Committee, Hon. Chief Justice of the Supreme Court Reynato S. Puno (Ret.), has confirmed to be the main speaker to apprise all the participants and the general public of the activities of the Consultative Committee in pursuit of its mandate. The Forum and Public Consultation, taking place on June 21, 2018 at the Centennial Hall of the historic Manila Hotel, will…

Chapter

The Report: The Philippines 2017: Legal Framework
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This chapter examines the Philippines’ legal system, focusing on rules and regulations revised in 2016, new directives that affect investors, procurement and other key areas. It also features an interview with Sylvette Tankiang, Senior Partner, V&A Law.…

Country Report

The Report: The Philippines 2017
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Worrying statements from President Duterte have caused some uncertainty among foreign investors, but far-reaching policy reforms – including corporate income tax reduction, loosening of foreign investment restrictions, and reduction of red tap and lengthy business registration processes – will help offset these concerns. Export growth may falter, but expected increases in foreign direct invest

Interview

Sylvette Tankiang, Senior Partner, V&A Law: Interview
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Interview: Sylvette Tankiang In what ways can legislative reform improve the business climate in the Philippines, stimulate competition and encourage foreign investment? SYLVETTE TANKIANG: The Philippines can improve its business climate by promulgating laws that liberalise foreign entry into businesses and by rationalising its tax system. Barriers imposed on foreign land ownership and participation…

Overview

Philippines updates the Procurement Act and legal framework
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On October 24, 2002 Senator Edgardo Angara delivered a speech before the Philippine Senate pushing for change in the country’s public procurement system. With the Philippines ranked the 11th most corrupt nation in the world at the time, Angara proposed the passing of Senate Bill No. 2248. “Fighting official corruption should mean snuffing out its roots, plugging the holes and gaps in the…

Event

ASEAN Corporate Sustainability Summit & Awards

The theme of this year’s summit theme is “Shifting Gears: Empowering Sustainable Convergence”. It will focus on the agenda of the 17 Sustainable Development Goals (SDGs) and will provide a detailed forum on the SDGs in the Philippines. The summit aims to inspire and motivate the convergence of various sectors to incorporate the new sustainable development agendas at the heart of their business…

Interview

Rafael A Morales, Managing Partner, SyCip Salazar Hernandez & Gatmaitan: Interview
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Interview:Rafael A Morales What are some of the key components of the Philippine Competition Act (PCA)? RAFAEL A MORALES: The PCA is in keeping with the ASEAN Regional Guidelines on Competition Policy. The PCA prohibits business practices that curb market competition through anti-competitive agreements and the abuse of dominant positions, and requires notification of mergers and acquisitions…

Overview

Real estate regulations in the Philippines
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A complex system of laws, rules and regulations apply to real estate and real estate transactions in the Philippines. Key prohibitions on the ownership and disposition of lands are found in organic law (i.e., the 1987 Philippine Constitution), while incentives and other regulatory mechanisms for the sale, purchase, lease and ownership of different types of real estate are scattered in various statutes…

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