Clifford Chance

Foreign ownership rules in the Philippines

4 December 2014

In April 2014, the Philippine Supreme Court banned three mining companies from the exploration and development of the country's natural resources for violating the 60-40 ownership limit dictated by the law. This is just one of a number of high profile cases that have shaped the current law on foreign ownership in the Philippines. This bulletin provides an overview of the Supreme Court's decision and explores the implications for foreign owners.

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