Originally Posted by
marius
dugay naman diay ni --
https://www.aseanbriefing.com/news/2...-fdi-smes.html
The amended FIA states that foreign investors can set up and have 100 percent ownership of small and medium-sized enterprises (SMEs).
or hire 15 local employees; previously, they had to employ at least 50 local staff.
what now for the philippines ? what benefits will the philippines gain from this ? coz the way i see it, the philippines has w.hored itself
This actually good news, foreign workers is good for the economy. Manila has booming real state sector with inflating prices of condominium units due to high demand from POGO (Philippine online gambling operation) Chinese employees.