Follow Philippines Immigration and Life in the Philippines: H&M, the world's second-largest clothing retailer, has submitted an application to the Philippine Board of Investments to open stores in the country, which is currently under review. Under the current Philippine Retail Trade Liberalization Act, H&M can register in the Philippines as a joint venture or a wholly-owned enterprise, provided it meets certain conditions. The H&M Group currently operates 2,800 stores in 48 countries and regions worldwide.






