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As we know, Foxconn employs about 1.2 million people in China, and the possibility of making the Philippines as the possible candidate for that manufacturing, is a high regard to solve employment and lessen poverty in the country. But what has turned out was the negative about such reports.
THE REFERENCE ARTICLE
The reason showed that upon their examination and study of the country, some factors arises contrary to the features and atmospheres that would make the manufacturing sector a favorable condition for FOXCONN or APPLE. We do not need to enumerate and detail those reasons, but strong indicators are there that our economic policies and our behaviour towards business, trade, and commercial conditions do not show such approval.
We were not included as the NEXT FACTORY OF THE WORLD, candidate to be the next China, but rather, the more than 500 CEOs of manufacturers all over the world has not selected the country to be part of the MIGHTY FIVE.
The mighty Five is the MITI-V, which is the acronym of Malaysia, Indonesia, Thailand, India, and Vietnam as the next Factory of the world.
With that selection of the great fives to be next nations that will inherit the throne of China under the predictions of these more than 500 CEOs in concurrence, is already that mark that sealed the fate of the Philippines, and the benchmark that investors, manufacturers make as guide in their plans and studies for investing abroad.
Where is that now, to make Apple come to the Philippines with our very strong labor demands and regulations that keep investors away.
We know of us are unemployed in this country, and we need more manufacturing to give jobs under this sector, yet, we fail to address the concerns of investors that we invite. We are first quick to demand the regulations of our labor before we see the and meet the demands and requirements of investors that they may also thrive in our ambiance of commerce.
photo from inquirer
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