Phl Today

Phl Today

Philippines revises foreign ownership rules Under EO 113

President Ferdinand Marcos Jr. has signed an executive order updating the Philippines’ investment regime, setting out sectors open to foreign participation and those subject to restrictions. Executive Order No. 113, dated April 13, amends the 12th Regular Foreign Investment Negative…

How collaboration is redefining luxury travel

A shift is underway in luxury travel, where experience is overtaking ownership as the primary driver of value. A new white paper by Agility Research and Heavens Portfolio identifies cross-industry collaboration as a key force behind this transformation. What was…

Ousting Piki comes with a poison pill

The controversy surrounding First Gen Corporation’s ₱62-billion hydropower deal with Prime Infrastructure Capital Inc. (Prime Infra) has brought an uncommon term into public view: the “poison pill.” In this case, the clause allows Prime Infra to buy out First Gen’s…