ABSTRACT
For the benefit of potential investors who may have bitter memories of properties lost to government policies in the Philippines or elsewhere, the Board of Investments (BOI) has come up with a bill of ‘basic rights and guarantees of foreign investments’. However, like all such documents, it may not be enforceable in a crisis. Nor is it easy to wade through the paperwork needed to make all the guarantees really happen, or happen very quickly. Still, the document stands as a sign of shifting thinking when it comes to the kind of welcome foreign interests receive.
