Peso losing its competitiveness – DBS

[amingb]

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kinsa nas Taipan?

Ang mga Original Taipans katong mga Crony ni Marcos nga mga insek ...

1. Henry Sy
2. Cojuanco
3. Lucio Tan
4. Gokongwei

Naa mga bag-o list sa mga Taipans karon ... check lang ani nga list ...
SM's Henry Sy retains spot as richest Filipino - Forbes.com - InterAksyon.com

[digitalsuperman]

Ang mga Original Taipans katong mga Crony ni Marcos nga mga insek ...

1. Henry Sy
2. Cojuanco
3. Lucio Tan
4. Gokongwei

Naa mga bag-o list sa mga Taipans karon ... check lang ani nga list ...
SM's Henry Sy retains spot as richest Filipino - Forbes.com - InterAksyon.com

mao ba bro? ako nahibaw-an kay si Cojuanco ug Tan crony. pero si Henry Sy ug Gokongwei? naa kay evidence ana bro? like news articles nga crony pud sila?

[vipvip68]

Limited ang atong Capital which is only controlled by the Oligarch, 60% is high enough for a filipino entrepreneur ... Increase investment and create jobs and promote its overall competitiveness, increased the tax collection, transfer of technology, etc.

So with the removal, aren't we just trading a local oligarch for a foreign one? Unsa man gyuy real significant change mabuhat sa removal? Basin mu ingon nasad ni mga common tao "wa gyud nako ma feel ang kausaban" Or... "akong amo saona kay co-worker na namo karon kay ang tag-iya kay mga foreigner na tanan".

opening more areas of the economy to foreign investors would certainly bring in more investments and contribute to the country’s economic development.

If we want to compete with hongkong and singapore with a yearly FDI of $50B then this is the best way since that is how economic globalization is working today.

The Disadvantage is not detrimental to the People but to the Locally Owned Companies which is not ready for Globaliozation of course ma lugi jud sila ... Tapos na ang ligaya sa mga Oligarch ...

I think Oligarch's will be fine cos they have already established themselves and naa silay safeguards tungod sa ilang existing assts.. for me, ang pinaka affected ani kay ang mga SME's.

Share pud mo sa inyoha .. respect lang ta sa mga ideas ... pasensiya na kay dli kaau ko maau mo english ...

Para nako lang ang delikado ani kay instead of owning 60% shares in a semi progressive country, most of us will all just end up to be employees cos the foreigners will literally own us. Tinuod nga mas progressive atong country with the additional FDI pero who stands to benefit from it? Wont we find ourselves in a situation where... tinuod nga progressive ta like SG or HK, pero mas lisod na mu compete sa business kay everything is controlled by the old local oligarchs plus the new foreign oligarchs....

For me, we need to generate FDI's ... but we also need to grow our local industries and attain self sufficiency. There are also exemptions to the 60/40 sharing like Export Processing Zones and BOT (Build Operate and Transfer) schemes and even call centers are exempted diba?

The 60/40 isnt really a hindrance in this respect as the examples above show that our country is already benefitting from FDI's. It also maintains some control through this as totally opening up all industries to FDI might do more harm than good.

I think naa gyud ni siya pros and cons and the trick is to find a balance. What works for SG and HK might not necessarily work for our country.

[amingb]

So with the removal, aren't we just trading a local oligarch for a foreign one? Unsa man gyuy real significant change mabuhat sa removal? Basin mu ingon nasad ni mga common tao "wa gyud nako ma feel ang kausaban" Or... "akong amo saona kay co-worker na namo karon kay ang tag-iya kay mga foreigner na tanan".

I think Oligarch's will be fine cos they have already established themselves and naa silay safeguards tungod sa ilang existing assts.. for me, ang pinaka affected ani kay ang mga SME's.

Para nako lang ang delikado ani kay instead of owning 60% shares in a semi progressive country, most of us will all just end up to be employees cos the foreigners will literally own us. Tinuod nga mas progressive atong country with the additional FDI pero who stands to benefit from it? Wont we find ourselves in a situation where... tinuod nga progressive ta like SG or HK, pero mas lisod na mu compete sa business kay everything is controlled by the old local oligarchs plus the new foreign oligarchs....

For me, we need to generate FDI's ... but we also need to grow our local industries and attain self sufficiency. There are also exemptions to the 60/40 sharing like Export Processing Zones and BOT (Build Operate and Transfer) schemes and even call centers are exempted diba?

The 60/40 isnt really a hindrance in this respect as the examples above show that our country is already benefitting from FDI's. It also maintains some control through this as totally opening up all industries to FDI might do more harm than good.

I think naa gyud ni siya pros and cons and the trick is to find a balance. What works for SG and HK might not necessarily work for our country.

Appreciate sa imoha statement sir ...

Regarding sa Export Processing Zone and Special Zone is designed for Filipino First Policy as far as i remember .. diha rajud sila kutob the disadvantage ana kay limited ang ilaha investment.

The main economy that followed a restrictive, nationalistic development line with a lot of rules, regulations and restrictions became dominated by Filipino owned enterprises which received the industrial incentives. Mao na wala kaau FDI ning sulod sa atoa.

Para pud sa akoa its good kay daghan business daghan client dako ta chance maka kuha contrata ug project. Daghan pud maka benefit sa mga SME most of them mo subcon, ang uban supplier etc ... and most of all daghan jud trabaho makugihan ang mga tapulanan ...

Regarding Oligarchs of course dili sila mawala but dili na nila control ang enconomy like what is now nga stagnant jud ang economy ang atong silingan ning suetoy na kita nangiwit lang gihapon ...

Para sa akoa dili man problema ug dominated foreign corporation kay dili mana nila madala ang land ilaha gitukoran, naa raman gihapon diri sa atoa ... ang ginansiya ilaha jud na kay ilaha mana negosyo ang atoa makuha kay trabaho ug tax ... balansi lang giahpon ....

The Bottomline ani is More Jobs and More Tax Collection ... ang effect naa na sakto budget ang Goberno for social, economic services ug defense ..

[digitalsuperman]

...
I think naa gyud ni siya pros and cons and the trick is to find a balance. What works for SG and HK might not necessarily work for our country.

dili man pud na kasigurohan nga if mag allow 100% forieng ownership sa company kay makapa boom gyud sa economy.

dili pud maayo icompare sa singapore. in fact singapore has only 26% foreign owned companies compared to 63% local companies. so ang nag drive sa economy ug employment sa singapore kay ang local businesses gihapon.

see http://www.guidemesingapore.com/docs...ons-2011q4.pdf on page 6

while naa pud uban nations like Malaysia nga nag limit sa foriegn business ownership to 30% pero maayu man ilang economy. in fact pwerteng maayuha compared sa atoa. and if ang usa ka business entity wants to own more than 30% ownership it has to go through the foreign investments commitee.


Malaysia Business Setup: Setting up a Foreign Owned Company in Malaysia

[amingb]

Kanang 63% bro dili na dagko nga corp. During every quarter of 2011, majority of the newly registered companies opted for a low share capital below S$10,000.

Ang bulk sa investment in term of amount ang FDI jud in Singapore ..

Sa Malaysia .. although it maintains restrictions or limits on investment in some sectors ... but dili tanan gi restrict ... FDI gihapon nagpalihok ug dako sa ilaha economiya .. $10B Total FDI for 2012 nindot pajud ang goberno nila hayahay sila.

Parihas pud unta nila ang Pilipinas .... naa rajud sa mga Politico ang kaugmaon nato ani ...

[amingb]

dili man pud na kasigurohan nga if mag allow 100% forieng ownership sa company kay makapa boom gyud sa economy.

Ug wala mo invest sa country nga nag open sa ilaha economy i think there is something wrong with that country .... ug daghan foreign investor there is no reason dili mo boom ang economy .....

[digitalsuperman]

Kanang 63% bro dili na dagko nga corp. During every quarter of 2011, majority of the newly registered companies opted for a low share capital below S$10,000.

Ang bulk sa investment in term of amount ang FDI jud in Singapore ..

Sa Malaysia .. although it maintains restrictions or limits on investment in some sectors ... but dili tanan gi restrict ... FDI gihapon nagpalihok ug dako sa ilaha economiya .. $10B Total FDI for 2012 nindot pajud ang goberno nila hayahay sila.

Parihas pud unta nila ang Pilipinas .... naa rajud sa mga Politico ang kaugmaon nato ani ...

hahahaha. dili dako? sure ka bro? as in sure gyud ka ana? gai daw ko link sa imo statistics beh. ang temasik holdings palang daan which is the investment arm of the singapore government owns a lot of big companies outside and inside singapore.

anyways, nahan ko makakita sa imong statistics bro before ko magpadayon. ipost lang.

[amingb]

hahahaha. dili dako? sure ka bro? as in sure gyud ka ana? gai daw ko link sa imo statistics beh. ang temasik holdings palang daan which is the investment arm of the singapore government owns a lot of big companies outside and inside singapore.

anyways, nahan ko makakita sa imong statistics bro before ko magpadayon. ipost lang.

Gikan mana sa imoha nga link bro nako gikuha ....

[æRLO]

Regarding removing the 60/40 restriction sa constitution...can someone explain in detail how removing this restriction will benefit our country? Also please cite the advantages and disadvantages of removing the 60/40 kay naa man gyud nay pros and cons tanan.

this is a gimme.

You remove the restriction, you give the foreign companies one more incentive to open shop in this country. They invest in this country, it produces jobs for people who otherwise don't have any. People have jobs, the middle-class will grow. The middle-class grows=more robust economy.

It is no secret that this country needs FDIs. The BPO industry is evidently the major sector to contribute in FDI in the Philippines. You allow BPOs to have full equity of FDI, it will encourage FDI inflow to the country. Most major BPO players have done the same thing to maximize their FDI and give incentives to those companies. Not to say that the Philippines does not have any incentives, with a large labor force that is satisfactorily fluent with English-- It certainly can be more competitive than it is at present, without the "nationalistic" 60/40 laws. Nowadays, nationalism is a distorted word that serves the purpose of propagating the interests of the few.