More foreign retailers will be given the chance to set up shop in the Philippines under planned changes to the Foreign Investment Negative List (FINL), a Cabinet official said.

Retail trade is one of the industries included in a preliminary list drawn up by the National Economic and Development Authority (NEDA, Socioeconomic Planning Secretary Ernesto Pernia told reporters on Monday.

Premium + Digital Edition

Ad-free access


P 80 per month
(billed annually at P 960)
  • Unlimited ad-free access to website articles
  • Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)

TRY FREE FOR 14 DAYS
See details
See details