{
  "id": 20010336,
  "title": "MAP calls for modern, responsive regulation to unlock investments",
  "url": "https://urgent.news/2026/11/14/map-calls-for-modern-responsive-regulation-to-unlock-investments",
  "topic": "business",
  "section": "Business",
  "published": "2026-11-14T16:00:00.000Z",
  "source": {
    "name": "Philippine Star Business",
    "slug": "philippine-star-business",
    "url": "https://www.philstar.com/business/2026/11/15/2570123/map-calls-modern-responsive-regulation-unlock-investments"
  },
  "original_language": "en",
  "account": "The Philippines is hosting global business and investment leaders, providing an opportunity to demonstrate its competitiveness among ASEAN neighbors for investments, according to the Management Association of the Philippines (MAP). MAP president Donald Lim emphasized the need for modern, responsive regulation to match the scale of investments in ASEAN economies, which are competing for the same capital pools in digital platforms, mobility, and financial services. Lim highlighted that the markets attracting the largest commitments are those whose rules evolve with the industries. He provided three examples illustrating the gaps in the current regulatory environment: a multimillion-peso penalty on a motorcycle-taxi platform, a nationwide block of the chat app Discord due to a 24-hour compliance ultimatum that was lifted shortly after, and the Bangko Sentral ng Pilipinas pushing banks and e-wallets to cut transfer fees. Lim pointed out that while regulators acted on legitimate goals, businesses wanted to comply, but a clear, shared playbook was lacking. To address these issues, Lim proposed a collaborative transition of fast-growing sectors from pilot regimes to permanent legal frameworks, with rules based on market data and reviewed regularly. Additionally, he suggested a graduated enforcement approach across agencies, moving from formal notice and compliance windows to targeted action before any shutdown or suspension, along with impact assessments for major regulatory changes. These steps aim to instill confidence in investors, encouraging them to choose the Philippines and scale their operations within the country.",
  "summary": "As the Philippines welcomes the global business and investment leaders this week, the country has an opportunity to show it can compete with its ASEAN neighbors for investment at scale by modernizing its regulatory environment, according to the Management Association of the Philippines.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}