Quote Originally Posted by Gen. Miting View Post
hanggang hindi siguro sila ma-layoff if their respective companies dont downsize during the global crisis.

pero i doubt if they will be laid off. karamihan sa kanila nasa middle east where the bulk of the American money is right now.

ang kinakabahan ako ay yun mga nasa Singapore and HK. nowadays, investors seem to be disregarding the status of nation kung may good business policies or corrupt policies. usually, HK and Singapore are priorities kasi nga good business environment dun. but of course, it comes with a price, mahal ang labor dun.

sa investors who want to maximize all profits in these cash-strapped times, the Philippines, India and other 3rd world developing can be apples of their eyes.

kaya nga hindi ako agree kay *uls na our present populist policies will drive investors away. kung noon good times puwede pa pero ngaun, i think otherwise ...

kung ikaw meron ka gustong-gusto makuha corner lot mall space na sigurado kikita ka ng pera kasi lakaran ng tao yun, who will you pray for na ma-meet mo sana?

a lessor who will enforce the zoning policies by the book or a lessor who has a price to get you in that lucrative mall spot
Recession in Singapore and Hongkong...both dependent on a service-oriented (although with a well established manufacturing base) economy...

Delikado talaga mga OFWs dun...pati remittances nila...