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2. Manufacture, repair, storage and/or distribution of products requiring Department of National Defense (DND) clearance; a. Guns and ammunition for warfare b. Military ordnance and parts thereof (e.g., torpedoes, depth charges, bombs, grenades, missiles) c. Gunnery, bombing and fire control systems and components d. Guided missiles/missile systems and components e. Tactical aircraft (fixed and rotary -winged), parts and components thereof f. Space vehicles and component systems g. Combat vessels (air. land and naval) and auxiliaries h. Weapons repair and maintenance equipment i. Military communications equipment j. Night vision equipment k. Stimulated coherent radiation devices, components and accessories l. Armament training devices m. Others as may be determined by the Secretary of the DND
3 Manufacture and distribution of dangerous drugs (R.A. 7042 as amended by R.A. 8179) 4. Sauna and steam bathhouses, massage clinics and other like activities regulated by law because of risks posed to public health and morals (R.A. 7042 as amended by R.A. 8179) 5. All forms of gambling, e.g. race track operation (R.A. 7042 as amended by R.A. 8179) 6. Domestic market enterprises with paid-in equity capital of less than the equivalent of US$200,000 (R.A. 7042 as amended by R.A. 8179) 7. Domestic market enterprises which involve advanced technology or employ at least fifty (50) direct employees with paid-in-equity capital of less than the equivalent of US$100,000 (R.A. 7042 as amended by R.A. 8179)
Fifth
Regular Foreign Investments Negative List (Executive Order No. 139)
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