ANNOUNCED AS TEMPORARYNo
Labour market access
On 29 May 2015, the Philippines government announced the release of the 10th Regular Foreign Investment Negative List. The List regulates foreign participation in economic and commercial activities in the Philippines.
In summary, the amendments include allowing more foreign participation in a number of professions.
Previously, full restriction on foreign participation was imposed on over 30 professions. Now, restrictions have relaxed for the practice of those professions, including various forms of engineering, medical technology and related professions, real estate and psychology. Foreign participation in the above professions are allowed only upon reciprocity with foreign governments.
Only the following professions are fully reserved for Filipino citizens:
The order is effective 15 days from publication in a newspaper of general circulation.
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