As weve been saying all along... The 60/40 ownership restrictions - TopicsExpress

As weve been saying all along... The 60/40 ownership restrictions that limit foreign direct investors to owning only 40% maximum of any entity they set up in the Philippines actively discourages FDI from coming in. No ifs, no buts... This time, its the BRITISH who are saying we need to get rid of those stupid provisions. Many British companies want to invest in the Philippines but are deterred from doing so by the stupid 60/40 restrictions in the Constitution. CoRRECT™ the 1987 Constitution! Read this article to see exactly what I mean... businessmirror.ph/index.php/en/news/top-news/33994-60-40-ownership-rule-hit-anew

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