Energy Insights 2021 Issue 5

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Page 42 of 51

S H E A R M A N & S T E R L I N G L L P | 4 1 INSIGHTS Proposed Easing of Foreign Investment Restrictions in the Philippines BY DAVID CLINCH, MINERVA A. SANTOS AND ANGELO FRANCESCO F. HERBOS The Philippines has introduced several restrictive foreign direct investment regulations over many years, but local lawmakers and the business community are pushing for changes to a decades-old law that could contribute to a post-pandemic economic recovery. Continued overleaf

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