PH has most restrictive foreign investment rules in Asean – Teves


MANILA, Philippines — The Philippines is already the most-restrictive country in the Asean region in terms of allowing foreign investments and foreign ownership, former finance secretary Margarito Teves said on Wednesday.  “We are the most restrictive in ASEAN, and Vietnam, which has made substantial liberalization, is the least restrictive. We are No. 3 globally,” Teves

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