+ Follow RETAIL TRADE LIBERALIZATION LAW Tag
Array
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[0] => Array
(
[ArticleID] => 2108444
[Title] => British Chamber calls for lower capital requirement in retail trade liberalization law
[Summary] => (As released) Sen. Aquilino “Koko” Pimentel and international trade lawyer Anthony Abad were guests at the joint advocacy webinar hosted by the European Chamber of Commerce Philippines (ECCP) and Chris Nelson, executive director and trustee of the British Chamber of Commerce.
[DatePublished] => 2021-06-27 11:04:00
[ColumnID] => 0
[Focus] => 1
[AuthorID] =>
[AuthorName] =>
[SectionName] => Biz Memos
[SectionUrl] => biz-memos
[URL] =>
)
[1] => Array
(
[ArticleID] => 254270
[Title] => SEC clears Guoco unit’s entry into retail trade
[Summary] => The Securities and Exchange Commission (SEC) has ruled that Prime Orion Properties Inc. and its real estate subsidiary Tutuban Properties Inc. (TPI) can engage in the retail trade business.
In its opinion dated June 14, the SEC said POPI, which is 26.72-percent owned by foreign nationals, can engage in retailing while TPI would have to amend its articles of incorporation to include the intended retail business in its purpose clause.
[DatePublished] => 2004-06-17 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[2] => Array
(
[ArticleID] => 196438
[Title] => Rustan Supercenters gets OK to hike capital to P750-M
[Summary] => The Securities and Exchange Commission has approved the increase in authorized capital stock of the Tantoco-owned Rustan Supercenters Inc. from P430 million to P750 million.
The capital hike is intended to cover additional working capital requirements, documents filed at the SEC showed.
Rustan Supercenters earlier obtained a P200-million long-term loan from the Bank of Commerce and Equitable PCI Bank. The loan has a term of five years, with Rustan getting a one-year grace period.
[DatePublished] => 2003-02-23 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[3] => Array
(
[ArticleID] => 168418
[Title] => UK’s largest food retailer eyes RP
[Summary] => Britain’s largest food retailer has expressed interest in entering the local market in a bid to strengthen its presence in Southeast Asia.
Tesco, the largest food retailer in the United Kingdom, operates in Thailand, South Korea and Taiwan and is set to open a hypermarket in Malaysia this year.
Tesco’s core business is food although it has expanded to non-food business such as electrical, home entertainment, homeware, cookware, white goods and furniture.
[DatePublished] => 2002-07-16 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1805266
[AuthorName] => Marianne V. Go
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[4] => Array
(
[ArticleID] => 166643
[Title] => Adidas eyes retail operations in RP
[Summary] => Well-known sportswear manufacturer Adidas is reportedly interested in applying for qualification under the country’s Retail Trade Liberalization Law.
According to Board of Investments (BOI) managing head Gregory Domingo, representatives of Adidas have made inquiries from the BOI about entering the country as a direct retailer under Category D of the Retail Trade Liberalization Law.
[DatePublished] => 2002-07-01 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1805266
[AuthorName] => Marianne V. Go
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[5] => Array
(
[ArticleID] => 158607
[Title] => Hong Kong’s A.S. Watson returns to RP
[Summary] => After a 90-year absence, A.S. Watson, one of Asia’s largest retail group, announced yesterday its formal return to the Philippines in a joint venture tie—up with the Health & Beauty and Family Drugstore of the SM Group of Companies.
Ian Wade, ASW group managing director, also disclosed plans to bring to the country the well-known Park ‘N’ Shop grocery and Fortress consumer electronic store.
"A.S.
[DatePublished] => 2002-04-26 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1805266
[AuthorName] => Marianne V. Go
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[6] => Array
(
[ArticleID] => 157650
[Title] => Roxas rejects USTR claim on RP retail trade
[Summary] => Trade and Industry Secretary Manuel Roxas II said yesterday there is no immediate need to revise the country’s Retail Trade Liberalization Law despite the US government’s reported request to scrap the requirement on reciprocity and local sourcing.
"We should allow the law to take its course," Roxas said.
The US Trade Representative, in a report, said the requirements on reciprocity and local sourcing are considered as trade barriers.
[DatePublished] => 2002-04-18 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1805266
[AuthorName] => Marianne V. Go
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[7] => Array
(
[ArticleID] => 152278
[Title] => Foreign retailers prefer China over RP — Claudio
[Summary] => The Philippines is losing out to China in terms of attractiveness to foreign retailers because of the equity restriction under the Retail Trade Liberalization Law, Roberto Claudio, president of the Philippine Retailers Association, disclosed yesterday.
While the local retail market is still being eyed by foreign retailers, Claudio said some of them, especially the big ones, may be holding off on entering the local market as they wait for the expiration of the 60 percent equity restriction under the Retail Trade Liberalization Law on March 25 this year.
[DatePublished] => 2002-03-01 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1805266
[AuthorName] => Marianne V. Go
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[8] => Array
(
[ArticleID] => 150909
[Title] => International retailers not likely to enter RP mart soon
[Summary] => Trade and Industry Secretary Manuel Roxas II does not foresee any international players entering the Philippine retail market in the near future.
Roxas said there used to be 10 world-sized retailers, but since several firms have folded up or merged, there are only three major players.
Roxas cited the case of K-Mart, which recently declared bankruptcy, while Federated and Macy’s have merged.
Roxas had hoped that the passage of the Retail Trade Liberalization Law would encourage international retailers to come to the Philippines and invest.
[DatePublished] => 2002-02-17 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1805266
[AuthorName] => Marianne V. Go
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[9] => Array
(
[ArticleID] => 140657
[Title] => McDonald’s cleared to enter RP retail mart
[Summary] => McDonald’s Corp. (McDonald’s) has been pre-qualified by the Board of Investments (BOI) managements committee to engage in retail trade under the Retail Trade Liberalization Law.
This would finally allow the US-based McDonald’s Corp. to take over the operations of the local McDonald’s franchise currently held by McGeorge Food Industries, Inc.
McDonald’s, through its affiliate-holding company McDonald’s Restaurant Operations, Inc., will acquire a 40-percent equity in the existing realty company Golden Arches Development Corp. (GADC).
[DatePublished] => 2001-11-19 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
)
)
RETAIL TRADE LIBERALIZATION LAW
Array
(
[results] => Array
(
[0] => Array
(
[ArticleID] => 2108444
[Title] => British Chamber calls for lower capital requirement in retail trade liberalization law
[Summary] => (As released) Sen. Aquilino “Koko” Pimentel and international trade lawyer Anthony Abad were guests at the joint advocacy webinar hosted by the European Chamber of Commerce Philippines (ECCP) and Chris Nelson, executive director and trustee of the British Chamber of Commerce.
[DatePublished] => 2021-06-27 11:04:00
[ColumnID] => 0
[Focus] => 1
[AuthorID] =>
[AuthorName] =>
[SectionName] => Biz Memos
[SectionUrl] => biz-memos
[URL] =>
)
[1] => Array
(
[ArticleID] => 254270
[Title] => SEC clears Guoco unit’s entry into retail trade
[Summary] => The Securities and Exchange Commission (SEC) has ruled that Prime Orion Properties Inc. and its real estate subsidiary Tutuban Properties Inc. (TPI) can engage in the retail trade business.
In its opinion dated June 14, the SEC said POPI, which is 26.72-percent owned by foreign nationals, can engage in retailing while TPI would have to amend its articles of incorporation to include the intended retail business in its purpose clause.
[DatePublished] => 2004-06-17 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[2] => Array
(
[ArticleID] => 196438
[Title] => Rustan Supercenters gets OK to hike capital to P750-M
[Summary] => The Securities and Exchange Commission has approved the increase in authorized capital stock of the Tantoco-owned Rustan Supercenters Inc. from P430 million to P750 million.
The capital hike is intended to cover additional working capital requirements, documents filed at the SEC showed.
Rustan Supercenters earlier obtained a P200-million long-term loan from the Bank of Commerce and Equitable PCI Bank. The loan has a term of five years, with Rustan getting a one-year grace period.
[DatePublished] => 2003-02-23 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[3] => Array
(
[ArticleID] => 168418
[Title] => UK’s largest food retailer eyes RP
[Summary] => Britain’s largest food retailer has expressed interest in entering the local market in a bid to strengthen its presence in Southeast Asia.
Tesco, the largest food retailer in the United Kingdom, operates in Thailand, South Korea and Taiwan and is set to open a hypermarket in Malaysia this year.
Tesco’s core business is food although it has expanded to non-food business such as electrical, home entertainment, homeware, cookware, white goods and furniture.
[DatePublished] => 2002-07-16 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1805266
[AuthorName] => Marianne V. Go
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[4] => Array
(
[ArticleID] => 166643
[Title] => Adidas eyes retail operations in RP
[Summary] => Well-known sportswear manufacturer Adidas is reportedly interested in applying for qualification under the country’s Retail Trade Liberalization Law.
According to Board of Investments (BOI) managing head Gregory Domingo, representatives of Adidas have made inquiries from the BOI about entering the country as a direct retailer under Category D of the Retail Trade Liberalization Law.
[DatePublished] => 2002-07-01 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1805266
[AuthorName] => Marianne V. Go
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[5] => Array
(
[ArticleID] => 158607
[Title] => Hong Kong’s A.S. Watson returns to RP
[Summary] => After a 90-year absence, A.S. Watson, one of Asia’s largest retail group, announced yesterday its formal return to the Philippines in a joint venture tie—up with the Health & Beauty and Family Drugstore of the SM Group of Companies.
Ian Wade, ASW group managing director, also disclosed plans to bring to the country the well-known Park ‘N’ Shop grocery and Fortress consumer electronic store.
"A.S.
[DatePublished] => 2002-04-26 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1805266
[AuthorName] => Marianne V. Go
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[6] => Array
(
[ArticleID] => 157650
[Title] => Roxas rejects USTR claim on RP retail trade
[Summary] => Trade and Industry Secretary Manuel Roxas II said yesterday there is no immediate need to revise the country’s Retail Trade Liberalization Law despite the US government’s reported request to scrap the requirement on reciprocity and local sourcing.
"We should allow the law to take its course," Roxas said.
The US Trade Representative, in a report, said the requirements on reciprocity and local sourcing are considered as trade barriers.
[DatePublished] => 2002-04-18 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1805266
[AuthorName] => Marianne V. Go
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[7] => Array
(
[ArticleID] => 152278
[Title] => Foreign retailers prefer China over RP — Claudio
[Summary] => The Philippines is losing out to China in terms of attractiveness to foreign retailers because of the equity restriction under the Retail Trade Liberalization Law, Roberto Claudio, president of the Philippine Retailers Association, disclosed yesterday.
While the local retail market is still being eyed by foreign retailers, Claudio said some of them, especially the big ones, may be holding off on entering the local market as they wait for the expiration of the 60 percent equity restriction under the Retail Trade Liberalization Law on March 25 this year.
[DatePublished] => 2002-03-01 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1805266
[AuthorName] => Marianne V. Go
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[8] => Array
(
[ArticleID] => 150909
[Title] => International retailers not likely to enter RP mart soon
[Summary] => Trade and Industry Secretary Manuel Roxas II does not foresee any international players entering the Philippine retail market in the near future.
Roxas said there used to be 10 world-sized retailers, but since several firms have folded up or merged, there are only three major players.
Roxas cited the case of K-Mart, which recently declared bankruptcy, while Federated and Macy’s have merged.
Roxas had hoped that the passage of the Retail Trade Liberalization Law would encourage international retailers to come to the Philippines and invest.
[DatePublished] => 2002-02-17 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1805266
[AuthorName] => Marianne V. Go
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[9] => Array
(
[ArticleID] => 140657
[Title] => McDonald’s cleared to enter RP retail mart
[Summary] => McDonald’s Corp. (McDonald’s) has been pre-qualified by the Board of Investments (BOI) managements committee to engage in retail trade under the Retail Trade Liberalization Law.
This would finally allow the US-based McDonald’s Corp. to take over the operations of the local McDonald’s franchise currently held by McGeorge Food Industries, Inc.
McDonald’s, through its affiliate-holding company McDonald’s Restaurant Operations, Inc., will acquire a 40-percent equity in the existing realty company Golden Arches Development Corp. (GADC).
[DatePublished] => 2001-11-19 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
)
)
abtest
November 19, 2001 - 12:00am
