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Amcham Updates

Foreign chambers laud changes to Foreign Investments Act

September 16, 2019 | AmCham Philippines


Louella Desiderio (The Philippine Star) | September 13, 2019 - 12:00am Foreign business groups in the country welcomed the recent approval of amendments to the Foreign Investments Act (FIA) at the House of Representatives, saying these would enable the Philippines to attract more investments. In a statement, the Joint Foreign...

Foreign chambers see amendments to FIA raising investment

September 13, 2019 | AmCham Philippines


BusinessWorld | September 11, 2019 | 10:18 pm By: Vince Angelo C. Ferreras   THE Joint Foreign Chambers (JFC) on Wednesday welcomed the final approval by the House of Representatives of the bill which proposes to amend the Foreign Investments Act (FIA). With 201 affirmative votes, six negative votes and...

Joint Foreign Chambers welcomes House passage of amendments to the Foreign Investment Act

September 12, 2019 | AmCham Philippines


September 11, 2019 The JFC welcomes third reading approval on September 9, 2019 of HB 300 making two amendments to the Foreign Investment Act of 1991. One amendment removes the practice of professions from coverage of the law. This ends the confusion in the Foreign Investment Negative List of “professions"...

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