Utilities Should be Publicly-Listed

[jpdm]

bec. we have nothing big enough to invest really

How come Pinoys dont invest on steel mills here?

I think there is a lone steel company listed in the bourse.

I think steel milling (integrated ones) is a very lucrative local and global business...

Mittal and Tata of India I think became global players because of steel...

[uls]

How come Pinoys dont invest on steel mills here?

Diba sabi ng isang poster -- there will always be a company to take the place of a company who goes out of business...

when a vacuum is created, someone else will fill that vacuum

(or something to that effect)

Well?

How come there are so many business "vacuums" here?

Why do we lack so many kinds of businesses?

Why do we lack so many kinds of industries?

We have to import almost everything...

why?

Lack of interest in investing here.

Di naman sa walang investors.

Meron investors.

May puhunan naman.

But they wont bother.

why?

whatever the reasons are, I'm sure the investors know better.

I'm sure pinag aralan na nila yan...

And they don't bother to invest.

Makes you wonder ano meron sa Pinas na nakaka walang gana no?

hehe

[niky]

Business climate... mostly... it costs so much too set-up a business.. and there's so much red tape... so many bribes... oops... fees to pay... it's depressing.

[Galactus]

Di ba sabi din ng isang poster, sa corporate world, it's survival of the fittest?

Well, bakit there are still a lot of poorly-run businesses and yet they're still operating?

They're run by unschooled, unlettered businessmen, yet they still manage to survive.

Who's willing to bet that if the Shell or Chevron leaves, somebody else will try to take their place?

Either new player or existing, (most probably a consortium initially, just to provide the financial muscle).

Hmmmm, all the world's answers contained in a few simple haiku-like sentences. Imagine, lambasting the Feds. I suppose somebody has better credentials. Got his graduate or post-graduate degree from Wharton? Harvard Business School? With a Nobel Prize in economics?

The problem with Filipinos is andaming armchair economists, with no street creds to brag about. Throws a few heavy "business" words and names around.

And I'm supposed to be impressed???

[Gen. Miting]

Diba sabi ng isang poster -- there will always be a company to take the place of a company who goes out of business...

when a vacuum is created, someone else will fill that vacuum

(or something to that effect)

Well?

How come there are so many business "vacuums" here?

Why do we lack so many kinds of businesses?

Why do we lack so many kinds of industries?

We have to import almost everything...

why?

Lack of interest in investing here.

Di naman sa walang investors.

Meron investors.

May puhunan naman.

But they wont bother.

why?

whatever the reasons are, I'm sure the investors know better.

I'm sure pinag aralan na nila yan...

And they don't bother to invest.

Makes you wonder ano meron sa Pinas na nakaka walang gana no?

hehe

maybe the Philippines is just Luzon or is just Manila in the eyes of foreigners. if we will really look deep into it, parang kasing laki lang tayo ng Hawaii or Guam or slightly bigger than Jamaica to invest in. now why did I compare us to Hawaii, Guam, Jamaica, well to foreigners we're still an Island nation.

to really measure the investing potential of every province calling itself a city in our dear country, just look at SM Malls. even in SM Davao (can be considered Manila of the South), ang dami nagsasara na tenant shops. ang alam ko even SM lipa or around 2-3 SM malls in the south are really having a hard time. if foreigners are smart enough, all they have to do is visit the SM malls in the provinces. if there is high spending activity, may pera dun but if not. well, hindi talaga sila mag-iinvest.


to *jpdm, it's a lost cause bro. dont believe so much in the propaganda that the Philippines is very rich in natural resources. bec. we're not. we're just composed of islands. if some pinoys believe that we can have our own local car brand in the future. i believe otherwise. there is a reason why Detroit is the car capital of the US. the same reason, why Bavaria was chosen as car capital in Europe or Germany in particular. and also why China has been chosen as the world's factory. the land topology, the available resources, and the skilled workforce are biggest factors of this. sadly, the only thing the Philippines can produce easily are babies.

do you ever wonder why foreigners like to call us "hospitable"? bec. when they're here they'll know we'll try to live up with our reputation. hence VIP service sila. tingin ko yan na-uto lang tayo eh hehehe. that's why hindi ako gano nagpapaniwala sa mga feel-good positive traits na'tin.


=====

so that's about it. yan ang role natin ngaun sa mundo ...
to export manpower. imagine a small country separated by so many islands, we produced more than 80M people (and that's the one recorded by Census Office, pano yun ayaw magpa-interview? hehehe). Australia has about less than 10M people, and that's a continent.

[jpdm]

Our land is very fertile. Volcanic in origin. We can plant any crop in the Philippines...

Our country is still relatively big in terms of land area..we are still bigger that Britain or of course tiny Singapore...

Our seas yield lots of food (fish, crustaceans) and resources (oil, natural gas)

Our lands is rich in mineral resources (one of the most mineralized i.e. nonoc island alone if properly developed can yield large amount of nickel--the country in fact is one of the biggest producer of nickel)

Gold, silver, copper, manganese, nickel, chromite, phosphate, iron can be mined in the country..

Still the world's largest producer of copra and abaca..

World's second largest producer of geothermal energy..

Has one of the largest coastlines in the world...

We have the best natural wonders and places in the world that can be FULLY harnessed for tourism..

A big pool of human resources

A big potential market...

Well all of these things are nothing because we have politicians, businessmen and leaders--powerful people that control the country-- who are in cahoots with each other willingly screw our national interest (ZTE, Spratlys, rampant smuggling, JPEPA, endemic graft and corruption, fertilizer scam, those who create "wars", NPAs, MILFs, abu sayaff--a creation of the AFP)

A government that do not inspire but deserves the Filipinos' scorn....

An elite class that doesnt care. A sea of poor wretched people who already given up and imitates the worst characteristics of the rich...

They will sell everything including the kitchen sink for their self-interest, for their family...and damn the whole country....

[jpdm]

How come the regulators are allowing publicly-listed utility companies to screw us like MERALCO?

[True Faith]

NEDA Sec. Ralph Recto reiterated his call for utilities to list in the PSE..This is to give the public a way to know the earnings of sensitive industries such as electricity and oil...

[uls]

How come the regulators are allowing publicly-listed utility companies to screw us like MERALCO?

Coz big business is more powerful than government regulators

[jpdm]

Coz big business is more powerful than government regulators

Hindi naman. as you have mentioned in another thread the government is the big brother of business in the US.

Dito din sa Pinas.

If the government would like to crack the whip, they can do it.

The only thing is, as to what extend the state will crack the whip.

Take the case of Shell. Matigas. Hindi matinag.Maybe, Shell has padrino in the government. Thats why it blatantly violate the oil deregulation law especially on the provision regarding its obligation to offer its shares to the public via IPO in the PSE.

[niky]

The state? Crack the whip? We wish.

It takes big money to win elections. And guess where that money comes from?

"You scratch my back, I'll scratch your balls..."

I'm starting to sound like uls...

:hysterical:

[uls]

hahaha

I make you rich, you make me rich

[tidus1203]

And yet again survival of the fittest. The strong want to associate with the strong, and leave the weak to bite the dust.

[uls]

exactly

[jpdm]

Philippine Star


Business

[SIZE=3]Heat is back on big oil companies[/SIZE]

BIZLINKS By Rey Gamboa

Monday, November 10, 2008

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Being publicly listed, at least Petron, is able to share its bounty with local stockholders and the government, which until now holds 40 percent of the company’s equity.


[SIZE=3]Shell, however, is still unlisted in the local stock market and has managed to elude the deregulation law’s decade-old provision[/SIZE] that requires crude oil refining firms to list in the local bourse. Thus, Cong. Gullas noted that only its foreign-based shareholders get the bulk of the benefits from oil’s price volatility.

The government should punish Shell!!!

Regulators should force Shell to list in PSE.

[True Faith]

Though the deregulation law do not require distributors and importers of oil to list in the local bourse, amendments (in the deregulation law)should be introduce to include these oil companies and force them to go public...especially Chevron, Total, Unioil, Seaoil and other oil players.

[jpdm]

Independent Power Producers (IPP)should also go public.

[True Faith]

Petron, a publicly listed company might be bought (or controlling stake)by San Miguel Corporation (another publicly listed company)from Ashmore (UK).

Well, San Miguel is just bought a big chuck of Meralco from GSIS.

Im not sure if this is good for the public.

[True Faith]

What happen to the privatization of NAPOCOR?

[jpdm]

What happen to the privatization of NAPOCOR?

Well, actually there are rumors going around that some corrupt government officials do not want NAPOCOR privatized because of the commissions that they get from anomalous government contracts (like the purchase of coal from Indonesia)...

Puro talaga buwitre nasa gobyernong bulok na ito..