The Joint Foreign Chambers (JFC) have expressed support for the House version proposing lower minimum capitalization requirement of $200,000 for foreigners to enter the domestic retail sector, but Filipino retailers backed the Senate version with a higher foreign retailer’s entry fee of $1 million.  The Senate has recently approved Senate ...

Source: Manila Bulletin (https://mb.com.ph/2021/05/27/jfc-ph-retailers-clash-over-senate-house-retail-trade-bills/?utm_source=rss&utm_medium=rss&utm_campaign=jfc-ph-retailers-clash-over-senate-house-retail-trade-bills)