Lower required capital for foreign retailers to impact SMEs

By Leslie Gatpolintan Retail industry players have reiterated their opposition to the measure to reduce the minimum capitalization for foreign retailers intending to put up operations in the country, noting the need to protect the small and medium enterprises (SMEs) from foreign counterparts. Philippine Retailers Association (PRA) Chairman Emeritus Samie Lim cited on Thursday, August … Continue reading Lower required capital for foreign retailers to impact SMEs