3. What are the areas of investments covered by the Foreign Investments Act (FIA)?

The FIA covers all investment areas except banking and other financial institutions, which are governed and regulated by the Bangko Sentral ng Pilipinas (BSP). The Foreign Investment Negative List covers areas of economic activity whose foreign ownership is limited to a maximum of forty percent (40%) of the outstanding capital stock in the case of continue reading : 3. What are the areas of investments covered by the Foreign Investments Act (FIA)?