2023 Foreign Investment Opportunities in The Philippines
The Philippines has been a major recipient of Chinese investment and its geostrategic position has made it a hub for many red-chip Chinese investors.
The Guide to Employment Permits for Foreign Workers in the Philippines
For expatriate workers and their employers in the Philippines, it is essential they understand the process of obtaining a work visa and employment permit.
Philippines and South Korea to Sign Free Trade Agreement
The Philippines and South Korea are set to sign a free trade agreement which removes tariffs on most products aims to boost bilateral trade.
New Requirements for MSME Franchise Holders in the Philippines
The Philippines issued executive order 169 to promote a more equitable and business-friendly environment for MSME franchisees.
What a Ferdinand Marcos Jr Presidency Will Mean for Foreign Investors in Philippines
Immediate challenges facing Marcos Jr include the Philippines’ high budget deficit, income inequality, and balancing relations between the US and China.
The Philippines’ Border Reopening: Implications for Businesses
The Philippines tourism industry is set to benefit from ease in border restrictions as the country is now open to fully vaccinated international travelers.
Philippines Central Bank to Launch Digital Currency Pilot Program
The central bank of the Philippines will launch a pilot program for a Central Bank Digital Currency (CBDC).
The Philippines Amends its Foreign Investment Act
The Philippines has amended its Foreign Investment Act. The amendments allow foreign investors to set up and fully own local enterprises.
Philippines Mom & Pop ‘Sari-Sari’ Retail Attracts US Investment
GrowSari will receive US$45 million from KKR, a leading US investment firm. KKR’s investment will support GrowSari’s expansion across the Philippines.
Philippines Senate Passes Bill Allowing 100 Percent Foreign Ownership of Public Services
The Philippines Senate has passed the final reading of Bill 2094, which amends the Public Service Act by enabling the 100 percent foreign ownership of public services.