There seems to be a disconnect between some elements of the Western media, who paint a dark, grim scenario of the Philippines due to the ongoing war on illegal drugs, and the generally bullish sentiments of businesspeople, who are optimistic about the Philippines future under the iron-fisted, Lee Kuan Yew-style governance of President Rody Duterte. During his heyday, Singapore statesman Lee Kuan Yew also often clashed with Western media over his draconian policies.
EastWest Bank president Tony Moncupa told Reuters: We are in a very good spot. The pronouncement of government prioritizing infrastructure spending, accelerating it and cutting red tape, solving peace and order, I think all point to very good prospects ahead.
Weeding Out Bad Miners From Good
Philex Mining SVP Atty. Mike Toledo recently expressed confidence that the sincere anti-corruption drive of President Duterte and his DENR Secretary Gina Lopez will weed out the bad miners from the many good and ethical miners, thus giving hope to this important industry. The miners are hopeful that the Philippines will benefit from $34 billion in projects to be developed in the next six years.
Atty. Toledo said that the Philippines has been blessed by God with some of the worlds richest mineral resources, that environmentally sound mining can unleash this natural wealth to enrich far-flung rural areas and can support Dutertes dream of Philippine industrialization.
Tourism Boom Coming?
Mang Inasal and DoubleDragon founder Edgar Injap Sia II (ranked by Forbes magazine as the No. 17 wealthiest in the Philippines) is bullish about the Philippine economys future, expanding the companys CityMalls and has invested with Shanghais Jinjiang Inn brand to already open two hotels. Jinjiang Inn plans to open in 15 key Philippine cities in the next five years.
Another publicly listed dynamo, Anchor Land Holdings Inc., is planning to build 1,000 hotel rooms over the next five years with hotels in Boracay, Palawan and Tagaytay. Anchor Land vice chairman Steve Li said theyre also building the countrys largest Chinese restaurant.
http://www.philstar.com/business-lif...s-lee-kuan-yew
si noy noy ang lee kum kee may toyo kase sa utak :lol:![]()
EastWest Bank president Tony Moncupa told Reuters: We are in a very good spot. The pronouncement of government prioritizing infrastructure spending, accelerating it and cutting red tape, solving peace and order, I think all point to very good prospects ahead.
Weeding Out Bad Miners From Good
Philex Mining SVP Atty. Mike Toledo recently expressed confidence that the sincere anti-corruption drive of President Duterte and his DENR Secretary Gina Lopez will weed out the bad miners from the many good and ethical miners, thus giving hope to this important industry. The miners are hopeful that the Philippines will benefit from $34 billion in projects to be developed in the next six years.
Atty. Toledo said that the Philippines has been blessed by God with some of the worlds richest mineral resources, that environmentally sound mining can unleash this natural wealth to enrich far-flung rural areas and can support Dutertes dream of Philippine industrialization.
Tourism Boom Coming?
Mang Inasal and DoubleDragon founder Edgar Injap Sia II (ranked by Forbes magazine as the No. 17 wealthiest in the Philippines) is bullish about the Philippine economys future, expanding the companys CityMalls and has invested with Shanghais Jinjiang Inn brand to already open two hotels. Jinjiang Inn plans to open in 15 key Philippine cities in the next five years.
Another publicly listed dynamo, Anchor Land Holdings Inc., is planning to build 1,000 hotel rooms over the next five years with hotels in Boracay, Palawan and Tagaytay. Anchor Land vice chairman Steve Li said theyre also building the countrys largest Chinese restaurant.
http://www.philstar.com/business-lif...s-lee-kuan-yew
si noy noy ang lee kum kee may toyo kase sa utak :lol:
