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Philippines to allow foreign investors to enter country

MANILA, Oct 23 (Reuters) - The Philippines’ coronavirus task force has approved the entry of foreign investors to the Southeast Asian nation starting from Nov. 1, the presidential spokesman said on Friday.

Foreigners with investment visad from Philippine agencies would now be allowed entry, after the country imposed travel curbs in February to stem the spread of the novel coronavirus, presidential spokesman Harry Roque said in a televised address.

The easing of travel restrictions is among a slew of relaxed rules announced on Friday to help the country’s battered economy recover from recession. (Reporting by Neil Jerome Morales Editing by Ed Davies)

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