Lower barriers to entry in the retail industry - BusinessWorld Online

  • 📰 bworldph
  • ⏱ Reading Time:
  • 42 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 68%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

OPINION | Lower barriers to entry in the retail industry By Monique B. Ang READ:

ased on the latest Foreign Direct Investment regulatory restrictiveness index of the Organization for Economic Cooperation and Development , the Philippines obtained a score of 0.374 on a scale of 0 to 1 . In terms of ranking, the Philippines has the third most restrictive FDI rules out of 83 countries included in the OECD’s study.

1. Sales by a manufacturer, processor, laborer, or worker, to the general public the products manufactured, processed, or products by him if his capital does not exceed P100,000 ;3. Sales in restaurant operations by a hotel owner or innkeeper irrespective of the amount capital: Provided, that the restaurant is incidental to the hotel business; and,

In addition, Republic Act No. 11595 lowered the minimum investment requirement per store from $830,000 per store to at least P10 million . Under Republic Act No. 11595, minimum investment per store is dened as the value of the gross assets, tangible or intangible, including but not limited to buildings, leaseholds, furniture, equipment, inventory, and common use investments and facilities such as administrative ofices, warehouses, preparation or storage facilities.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 9. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Energy efficiency industry wants retrofit, upgrade projects to qualify for incentives - BusinessWorld OnlineTHE ENERGY efficiency (EE) industry said it is seeking the inclusion of retrofitting and system upgrade projects in the list of investments deemed strategic in order to be eligible for fiscal incentives. READ:
Source: bworldph - 🏆 9. / 68 Read more »