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Philippines Could Be Crippled by New FDI Rules
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Philippines Could Be Crippled by New FDI Rules

Our Correspondent
Apr 11, 2013
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Asia Sentinel
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Philippines Could Be Crippled by New FDI Rules
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As much as US$15 billion in foreign investment in Philippine listed companies could retreat overseas if new rules on foreign investment drafted by the Securities and Exchange Commission and circulated for comment go into effect, analysts say.

The draft rules, which came about after the Philippine Supreme Court ordered the SEC to come up with new guideli…

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