Regional Round-Up: Philippines Q4 2022 (Year in Review Edition)

Looking Back: 2022 and Gazing Into: 2023

Looking Back: 2022

2022 marked a year of significant transitions in the Philippines. Not only did the Philippines gradually transition from the stricter quarantine regulations brought about by the spike of Omicron COVID-19 cases at the beginning of the year to less restrictive measures, it also ushered in a new administration on 30 June 2022 headed by President Ferdinand Marcos Jr.  Apart from these, there have also been much-needed substantial legal developments in the areas of corporation law and foreign direct investments aimed at easing foreign equity restrictions and, in part, as economic recovery measures from the effects of the COVID-19 pandemic.

Additionally, significant strides have also been made in the areas of sustainabilitybanking and finance, and intellectual property.

Gazing Into: 2023

With a new President taking the helm of one of the hardest-hit economies in the COVID-19 era, novel solutions are being proposed and executed by policymakers in the Philippines to ease the burdens shouldered by the low-income public, particularly in the areas of energy & resources and tax. Measures are likewise being explored and implemented in the fields of technologymedia, and telecommunications to regulate the growing e-commerce market and protect the public from cyber-crimes and digital frauds. Regulators in the corporate sector will also begin introducing new developments in the areas of banking and finance as well as sustainability.

Full Report

Click on the link below for the full report which provides summaries of the key legal developments related to the above areas.

Please note that whilst the information in this Update is correct to the best of our knowledge and belief at the time of writing, it is only intended to provide a general guide to the subject matter and should not be treated as a substitute for specific professional advice

CONTACTS

Managing Partner
+632 894 0377
Philippines,
Head, Corporate Commercial
Partner
+632 894 0377 to 79 / +632 894 4931 to 32 / +632 552 1977
Philippines,
Partner
+632 894 0377 to 79; +632 894 4931 to 32; +632 552 1977
Philippines,
Partner
+632 894 0377 to 79
Philippines,
Partner
+632 894 0377 to 79
Philippines,
Partner
+632 894 0377 to 79
Philippines,
Partner
+632 894 0377 to 79 / +632 894 4931 to 32 / +632 552 1977
Philippines,
Partner
+632 894 0377 to 79
Philippines,
Partner
+632 8894 0377 to 79; +632 8894 4931 to 32; +632 8552 1977
Philippines,
Partner
+632 8894-0377 to 79
Philippines,
Partner
+632 8894-0377 to 79
Philippines,
Partner
+632 8894-0377 to 79
Philippines,
Partner
+632 8894-0377 to 79
Philippines,
Partner
+632 8894-0377 to 79
Philippines,

Country

EXPERTISE

SECTORS

Share

Rajah & Tann Asia is a network of legal practices based in Asia.

Member firms are independently constituted and regulated in accordance with relevant local legal requirements. Services provided by a member firm are governed by the terms of engagement between the member firm and the client.

This website is solely intended to provide general information and does not provide any advice or create any relationship, whether legally binding or otherwise. Rajah & Tann Asia and its member firms do not accept, and fully disclaim, responsibility for any loss or damage which may result from accessing or relying on this website.

© 2024 Rajah & Tann Asia. All Rights Reserved. All trademarks are property of their respective owners.