Investment framework and opportunities in the Philippines
Procedures Relative to Foreign Investment
- Obligation to Declare
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Constitutional provisions which bar investment in mass media, utilities, and natural resource extraction.
The Foreign Investment Negative List bans foreign ownership/participation in the following sectors: mass media (except recording and internet businesses); small-scale mining; private security agencies; utilization of marine resources, including the small-scale use of natural resources in rivers, lakes, and lagoons; cooperatives; cockpits; manufacturing of firecrackers and pyrotechnic devices; and manufacturing, repair, stockpiling and/or distribution of nuclear, biological, chemical and radiological weapons, and anti-personnel mines.
- Requests For Specific Authorisations
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The sectors open to foreign investment after an authorization has been obtained are listed in the Foreign Investment Act.
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Latest Update: February 2026