It is actually IKANO that are holding the franchise as for most other outlets in the world! IKANO is basically an IKEA owned company. Phillipines was always considered a suitable market but domestic laws has been the obstacle. Same thing in Thailand until a couple of years ago when IKEA opened their first Thai operation south of BKK. There is also an IKEA warehouse in Phuket now. I am sure there will be "out-of-stock" items. Happens all the time even in Sweden.
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Home & Garden Best Posts in Thread: Complete Kitchen !!
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http://www.officialgazette.gov.ph/downloads/2018/10oct/20181029-EO-65-RRD.pdf
I am sure an IKEA store has much more than US 2,500,000 invested in inventory alone.-
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