Quote Originally Posted by Arturo View Post
I have not followed this story too closely..but it came up just after my return from Manila.

We had looked at my options for working in Phils or starting a business !

That idea was kicked in the head and everything is on hold now until I get back to Manila in January.

However, it strikes me that for a country supposedly wanting overseas investers and start up business to aid employment.... banging up any white guy without bail...is not really going to be a good incentive.

Imagine the CEO of Coke being banged up coz some tow rag accused him of something illegal!

The philippines is very much liek a Rose...looks good but has sharp thorns at times....
It's scale, the big investors are fine it's the small guys that are at risk.

I think you need to be there on the ground managing everything very carefully on a day to day basis, it's hard enough running a business in the UK but trying the same trick in a country where you just look like an open wallet to all and sundry is foolhardy.

There was a chap on here the other day who reported having his entire investment stolen by the father in law! You really need to know any potential business partners really really well.


Jim