Lower barriers to entry in the retail industry - BusinessWorld Online

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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.

 

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