Media Release
September 17, 2025
The Joint Foreign Chambers of Commerce (JFC) welcomes the passage of landmark reforms that enhance the Philippines’ attractiveness as a foreign investment destination. The E-Governance Act, the Enhanced Fiscal Regime for Large-Scale Metallic Mining Act, and the amendments to the Investor’s Lease Act are significant measures that will foster a more stable, predictable, and competitive business environment. These reforms signal the government’s strong commitment to unlocking the country’s economic potential, and the JFC commends President Ferdinand Marcos Jr. and the Philippine Congress for their leadership in advancing them.
Specifically, Republic Act No. 12254, or the E-Governance Act, establishes a framework for the digital transformation of government services. By promoting interoperability, streamlining processes, and expanding online access, the law will reduce red tape, increase efficiency, and improve transparency – key factors in enhancing the ease of doing business in the Philippines.
In addition, Republic Act No. 12252, which amends the Investor’s Lease Act, extends the maximum allowable lease period to ninety-nine (99) years and creates a more secure and predictable leasehold system. This reform gives foreign investors the long-term certainty needed for major investments, making the Philippines more attractive for foreign businesses seeking to invest, expand operations, and create jobs.
Finally, Republic Act No. 12253, or the Enhanced Fiscal Regime for Large-Scale Metallic Mining Act, introduces clarity, consistency, and predictability for investors in the mining sector. By simplifying tax policies and establishing a fair and transparent fiscal framework, the law is designed to attract responsible mining investments that can help further develop the country’s vast mineral resources. This new framework brings the Philippines closer to international best practices, including the promotion of clean and sustainable mining practices, while also ensuring that government and local communities receive equitable revenue shares. At a time of rising global demand for critical minerals, the law positions the Philippines as a competitive and responsible supplier.
The JFC applauds these transformative reforms, which together represent major steps toward building a more competitive, inclusive, and prosperous future for the Philippines.
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