RE: Spreading bundles for hope
Big foreign corporations are already operating in the country so I can confidently say that Philippines is investor-friendly. My current European employer alone is just one of the proofs to that. Prior to that, I also worked with many American companies.
The only ones who will think that Philippines is not investor-friendly are the small-timers like me who cannot afford to compete with the demands including taxation of a real legitimate business. Why do I say that? Because few years ago, I attempted to import products into the country. However because I am a small-time entrepreneur with limited resources, I can only afford the cost of the goods but not the overhead costs that come with the importation. Shipping cost is one of them. Import tax is another. It was impossible for me to proceed with my plan and I was fine. I did not think my country is not investor friendly just because I did not have enough money to start the business that I wanted at first.
It was actually a lesson for me not to expect too much if I have limited resources. I have to start with what I can afford.
So yeah this is what i use to talk. Abroad when you live where ever you see people going to factories. I mean sometimes there is like a factory park. For sure i will make later a post and pictures about this topic. Here even i have been many places i didnt saw like that. And of course beside of the local news i keep folowing also the foreign news and i am also study the local regulations and law. Example here they cant buy a land. Small foreign businesses cant own more like 40% even they are the investors they still need a local partner and have to give them 60%
To bring in products in ph is a different and dangerous topic. I was also thinking about that but i have friends who are close to the gov. and to be honest better to dont write down what i heard. In face to face i am happy to share but i dont wanna write it down here.
And of course the country like PH where every sacond man have a illegal gun. (I saw it many times in different places also ) it is not safe much.
But this is politic and as you told before and somehow i agree this we cant change. So have to focus on that like you doing.
I think you also misunderstand me many times. I really like this country but because i can compare with other places i see where are the main problems. And i belive that if you let know the people too see what you see later they can change it.
And of course my doungter is half filipino and i want her to be proud to this place also same way like my place.😊
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