Tag: foreign direct investment

China’s New Foreign Investment Law is a Win-Win For The Global Economy

The 13th National People’s Congress (NPC) has passed the Foreign Investment Law (FIL) which streamlines, reforms and modernises all of China’s foreign direct investment laws and regulations. The FIL has replaced three previous laws governing foreign investment and as such looks to create further transparency and a greater ease of […]

Lessons For The Philippines: FDI is Not “Foreign Domination” But a Win-Win Two-Way Street

In The Philippines, defenders of the 1987 Constitution’s anti-foreign direct investment (FDI) restrictions often invoke hyper-nationalism to indicate that the modernising of restrictions on FDI would lead to something akin to neo-colonialism against The Philippines. Such arguments not only misrepresent the neo-colonial nature of the class of domestic oligarchs shielded […]

The Philippines is Among The Least Easy Places to do Business in ASEAN – The Liberal 1987 Constitution is to Blame

The World Bank has ranked every economy in the world based the ease of doing business. The range of factors considered when making the penultimate assessment can be read in detail here. The news for The Philippines in particular serves as a stark reminder of how the economy is being […]

The Charter Change Draft Just Passed by The Philippine House Insults The Intelligence of True Reformists

The Philippine House of Representatives just voted in favour of a draft constitutional reform package on its third and final reading. The draft is largely the brainchild of House Speaker Gloria Macapagal-Arroyo and as such, represents a grave disappointment for those who had high hopes for her Speakership. The final vote tally was […]

Official Federalism Roadshows in The Philippines Must Explain That There’s a World Beyond ConCom

The Department of the Interior and Local Government (DILG) of The Philippines has officially launched Federalism Roadshows that will bring educational lecture/seminar style interactive civics lessons to Filipinos who want to learn about some of the constitutional reforms that President Rodrigo Duterte has long championed. Of course any opportunity to […]