Retail Trade Liberalization Act (R.A. 8762)
The Retail Trade Liberalization Act of 2000, officially known as Republic Act No. 8762, is a Philippine law that aimed to liberalize and open up the retail trade sector to foreign investors and promote competition in the industry. This law was enacted on November 13, 2000, during the presidency of Joseph Estrada.
Corporate Recovery and Tax Incentives for Enterprises Act (R.A. 11534)
An act developing the national economy towards global competitiveness by implementing tax policies instrumental in attracting investments, which will result in productivity enhancement, employment generation, countrywide development, and a more inclusive economic growth, while at the same time maintaining fiscal prudence and stability.
Electric Power Industry Reform Act (R.A. 9136)
The Electric Power Industry Reform Act of 2001, officially known as Republic Act No. 9136 or R.A. 9136, is a significant Philippine law that aimed to restructure and privatize the electric power industry in the country. This law was enacted on June 8, 2001, during the presidency of Gloria Macapagal Arroyo. Its primary objective was […]
Full Entry of Foreign Banks Act (R.A. 10641)
The Republic Act No. 10641, also known as the “Full Entry of Foreign Banks Act,” is a Philippine law enacted on July 15, 2014. This law amended the Republic Act No. 7721, which was the “Liberalizing the Entry and Scope of Operations of Foreign Banks in the Philippines Act” enacted in 1994.
Oil Industry Deregulation Act (R.A. 8479)
The Oil Industry Deregulation Act of 1998, or Republic Act No. 8479 in the Philippines, is a law that aimed to deregulate the downstream oil industry in the country. Its primary objectives were to introduce competition and market forces, reduce government control over oil pricing, and establish the Automatic Pricing Mechanism (APM).
Open Skies Policy
Content coming soon
Rice Tariffication Law (R.A. 8178)
An act replacing quantitative import restrictions on agricultural products, except rice, with tariffs, creating the agricultural competitiveness enhancement fund, and for other purposes.
Amendments to the Public Services Act (R.A. 11659)
Amends the 86-year-old Public Services Act, opening several key industries such as telecommunications, expressways, airports, and shipping up to 100% foreign ownership.
Improvement of Confirmation Process for Imperfect Land Titles (R.A. 11573)
Removes the application deadline for agricultural free patents and further streamlines the needed titling procedures and documents, specifically reducing the required periods of occupation and cultivation.
Agricultural Free Patent Reform Act (R.A. 11231)
The Agricultural Free Patent Reform Act, officially known as Republic Act No. 11231, is a Philippine law that was enacted to reform and streamline the process of granting free patents for agricultural lands. It was signed into law on February 22, 2019, during the presidency of Rodrigo Duterte. The law aims to promote land ownership, […]
