Republic Act No. 11595: Transforming Retail Trade and Expanding Opportunities in the Philippines
The enactment of Republic Act No. 11595, also known as the Act Amending the Retail Trade Liberalization Act of 2000, marks a significant milestone in the Philippines’ efforts to attract foreign investment and revitalize its retail trade sector. Signed into law on December 10, 2021, and becoming effective on January 21, 2022, RA 11595 introduces …