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  1. Join Date
    Feb 2008
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    10,760
    #411
    Quote Originally Posted by jut703 View Post
    What's the latest news on this? Have not seen any articles about it in recent weeks.

    A conclusive statement confirming that the incentives will not be removed will improve investor confidence.

    Sent from my SM-G955F using Tapatalk
    Problem exactly this is. Admin sends different signals - DOF wants to abolish the the tax incentives while the PEZA DG is still using it as a carrot, causing more confusion. The verdict- hold off any investments until they are singing one tune.

    Sent from my SM-N950F using Tapatalk

  2. Join Date
    Nov 2005
    Posts
    34,815
    #412
    PLDT will provide free access to youtube

    Globe will match

    gonna be headwind for 3rd telco

  3. Join Date
    Nov 2005
    Posts
    34,815
    #413
    Quote Originally Posted by fleas2016 View Post
    The prices of real estate (well mostly condos) are skyrocketing partly because of them. They are buying units here and there even if it's ridiculously expensive and location isn't that prime. As there's demand, developers are increasing their prices accordingly Philippine Economy Talk


    Sent from my SM-G950F using Tapatalk



    as predicted

    says a chinaman during aquino's term

    "why you wanna be enemy with china?"

    "china plenty money"

    "be friend with china, plenty money go to Filipin"

  4. Join Date
    Feb 2008
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    10,760
    #414
    Is it all about money at the expense of dignity and sovereignty? Wow!

    Sent from my SM-N950F using Tapatalk

  5. Join Date
    Nov 2005
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    #415
    the developers don't seem to mind

    hehe

  6. Join Date
    Feb 2008
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    10,760
    #416
    Again, it speaks a lot about one's character and moral values.

    Sent from my SM-N950F using Tapatalk

  7. Join Date
    Nov 2005
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    34,815
    #417
    yeah tell that to the developers

    and casino operators

  8. Join Date
    Feb 2008
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    10,760
    #418
    I already did to a china lapdog here.

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  9. Join Date
    Aug 2008
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    1,585
    #419
    Quote Originally Posted by dreamur View Post
    Is it all about money at the expense of dignity and sovereignty? Wow!

    Sent from my SM-N950F using Tapatalk
    May naalala tuloy ako.

    Yung married couple na kilala namin, biglang andami pera, andami business, swimming in money.

    We were all wondering how that happened.

    It was like they won the lottery.

    Instant, overnight millionaires kasi yung mag-asawa.

    This was in the 80's.

    But the real story?

    Naging "mistress" "f*ck doll" "kabit", you get the point, yung babae ng isang very rich CH businessman.

    With the consent of the husband, so it turned out.

    Indecent proposal accepted with eyes wide shut.

    It happens.

    Greed is good di ba?

    For the PH, our politicians will make sure of that.

  10. Join Date
    Nov 2005
    Posts
    34,815
    #420
    Chinese appetite for Manila condos grows with warmer ties, weaker peso -
    Nikkei Asian Review


    Two major developers saw their 2017 sales surge, thanks to Chinese buyers. Ayala Land, the country's largest real estate company, said 49.4% of its international sales, which accounted for 34% of its total 122 billion pesos in total sales, came from Chinese buyers. The share of American and Singaporean buyers trailed at 15.2% and 5.4%, respectively. In 2016, Chinese made up around 10% of the company's international sales.

    At SM Prime Holdings, the nation's most valuable real estate company, Chinese comprised 10% of international sales in 2017, up from "less than 5%" in 2016, according to Chief Financial Officer John Ong.

    Developers said the reason is clear.

    "You've seen what has happened in the last two years with the warming of relations between the Philippines and China," Ayala Land CEO Bobby Dy told reporters last month. "We see it in office take-ups from offshore gaming companies ... and also in the tourism numbers. We're also seeing a lot of Chinese investors buy property."
    The real estate arm of DMCI Holdings, a major condominium builder in Metro Manila, said over 50% of its international sales in the first quarter are from Chinese, with mainland investors snapping up units. "If we don't control them, it could go up to 90%. No kidding," DMCI President Isidro Consuji said early this month.

    DMCI has imposed a self-restriction of "one buyer, one unit."

    "Our worry is that if we have too many absentee residences, you might have what you see in Shanghai or Beijing -- totally sold buildings but nobody is living there. It's also out of our objective of selling to end users -- preferably local end users," Consunji said.
    Last edited by uls; May 7th, 2018 at 06:28 PM.

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Philippine Economy Talk