President Ferdinand R. Marcos Jr. has signed a new law extending the period foreign investors may lease private lands in the Philippines, a move seen to boost investor confidence and long-term capital inflows into the country. Republic Act (RA) 12252, which amends the Investors’ Lease Act of 1994 (RA 7652), was signed on September 3. It allows foreign investors to …
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The Market Monitor Minding the Nation's Business