There is always a limit to opening up the economy. 100% ownership - TopicsExpress



          

There is always a limit to opening up the economy. 100% ownership of foreign businesses is better left an option to the foreign investor than a must and so is the 60/40. Having 100% ownership however does not grant selling of lands to foreigners but rather, its 100% ownership of its business rights not necessarily land. The landlord only collects rental but he has no business decisions whatsoever in the company. He can only get rid of the tenant if they refuse to pay monthly rental or do anything immoral. Plus 100% ownership is only granted IF the business is approved and two, it must still pay taxes and abide by Filipino laws.
Posted on: Thu, 24 Apr 2014 02:30:15 +0000

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