New Philippine investment openings are coming in 2018
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Significance There is an ongoing two-level push for further, wide-reaching foreign investment liberalisation. If successful, this would open significant and sensitive Philippine economic sectors to much greater foreign investment. Impacts The amendments and new FINL could quickly boost foreign investment in retail, finance, telecoms, education and power generation. The changes could boost the Duterte administration’s infrastructure-building programme. The changes could increase anger and protests from the political left against the Duterte administration. Challenges to the changes could be brought in the Supreme Court.
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