Legal Framework
From The Report: Philippines 2018
View in Online Reader

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.

Articles from this Chapter

Overview

Forward momentum: Developments are ongoing to strengthen the rules governing business practices
OBG
plus

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 Philippines is governed by a negative list that enumerates the activities which are subject to certain…

Interview

Easing access: Augusto A San Pedro Jr, Co-managing Partner, V&A Law, on addressing the challenges of doing business for foreign firms
OBG
plus

Interview:Augusto A. San Pedro Jr. What are the major challenges faced by multinational corporations entering the Philippine market? AUGUSTO SAN PEDRO: Restrictions on foreign ownership in certain sectors, such as construction, real estate and telecommunications, are a major challenge for multinational corporations intending to enter the market. These requirements restrict competition and prevent the entry of major international players that are able and willing to put up the capital that…