Author: 29042012

Japanese manufacturers move to Philippines   [Copy link] 中文

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Post time 2012-9-19 23:21:18 |Display all floors
This post was edited by 29042012 at 2012-9-19 23:21

Obviously stereotypes die hard with some yesterday people.

It is indeed very practical that the party is  judge, legislator, head of the army, executor  and  publisher  all in one in China.

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Post time 2012-9-19 23:22:05 |Display all floors
No Honda and no Toyota will be scratched or burned !
It is indeed very practical that the party is  judge, legislator, head of the army, executor  and  publisher  all in one in China.

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Post time 2012-9-19 23:23:34 |Display all floors
What do you expect from a major investor ?

Japan wants to invest in a safe environment !
It is indeed very practical that the party is  judge, legislator, head of the army, executor  and  publisher  all in one in China.

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Medal Medal of honor Gold Medal July's Best Writer 2012 October's Best Writer 2012

Post time 2012-9-19 23:55:13 |Display all floors
29042012 Post time: 2012-9-19 23:21
Obviously stereotypes die hard with some yesterday people.

I know people who went there with the same idea  ...............

They could not understand why these people seemed to have no 'work-ethic' ...........

Best of luck though  ..............   

And at least you can get 'laid' in English there  .............     



What the world needs is more geniuses with humility, there are so few of us left  -   Oscar Levant

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Post time 2012-9-20 00:12:54 |Display all floors
This post was edited by 29042012 at 2012-9-20 00:13

If you would have read some of the above posts, you would not talk such nonsense here.

Investors value the highly literate and fluently speaking Filipinos.

Right now the Philippine economy has the second highest GNP growth rate in Asia (hard on the heels of China BTW).

Better inform yourself before ranting like your friend Mr. L.
It is indeed very practical that the party is  judge, legislator, head of the army, executor  and  publisher  all in one in China.

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Medal Medal of honor Gold Medal July's Best Writer 2012 October's Best Writer 2012

Post time 2012-9-20 00:18:52 |Display all floors
29042012 Post time: 2012-9-20 00:12
If you would have read some of the above posts, you would not talk such nonsense here.

Investors va ...

I am just working on empirical evidence  .............

Nothing wrong with that  ..........

I am sure they are great in the Philippines with bananas which need no work to grow, and of course stuff made from banana leaves ..........

But I very much doubt that the Philippines is a better industrial bet than Vietnam, Cambodia, Burma or even Thailand  .............

Although, I would personally be interested in a new eco-friendly Honda made from banana leaves  .......

If only as something of a 'talking-point' ...........     


Rudi .........

Get every penny you have and all you can borrow and start that business in the Philippines now if you believe so strongly  ...............   

You might even get to own a huge house made from banana skins one day ..........   


What the world needs is more geniuses with humility, there are so few of us left  -   Oscar Levant

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Post time 2012-9-20 00:46:59 |Display all floors
Philippines Economy Profile 2012

Economy - overview

Philippine GDP grew 7.6% in 2010, spurred by consumer demand, a rebound in exports and investments, and election-related spending, before cooling to 3.7% in 2011. The economy weathered the 2008-09 global recession better than its regional peers due to minimal exposure to troubled international securities, lower dependence on exports, relatively resilient domestic consumption, large remittances from four- to five-million overseas Filipino workers, and a growing business process outsourcing industry. Economic growth in the Philippines averaged 4.5% during the MACAPAGAL-ARROYO administration (January 2001 - June 2010). Despite this growth, however, poverty worsened during her presidency. The AQUINO administration is working to reduce the government deficit from 3.9% of GDP, when it took office, to 2% of GDP by 2013. The government has had little difficulty issuing debt, both locally and internationally, to finance the deficits. The AQUINO Administration reduced public debt to below 50% of GDP and obtained several ratings upgrades on sovereign debt so that the Philippines is now close to investment grade. However, the lack of government spending, especially on infrastructure, was one of several factors which slowed GDP growth in the second half of 2011, leading the government to announce a stimulus effort and increased public spending on infrastructure in 2012. AQUINO's first budget emphasized education, health, conditional cash transfers for the poor, and other social spending programs, relying mostly on the private sector to finance important infrastructure projects. Weak tax collection, exacerbated by new tax breaks and incentives, has limited the government's ability to address major challenges. The AQUINO administration has vowed to focus on improving tax collection efficiency, rather than imposing new taxes, as a part of its good governance platform. The economy still faces several long-term challenges, including reliance on energy imports and foreign demand for overseas Filipino workers.
It is indeed very practical that the party is  judge, legislator, head of the army, executor  and  publisher  all in one in China.

Use magic tools Report

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