Making an Eastern Samar town productive

Looking forward to the future of business

The post was able to watch this afternoon the story of Dolores Eastern Samar and how its energetic and imaginative mayor was able to raise the productivity and progress of the town.  He invited investors and made the ease of doing business easy.   He had the Christmas village program and  encouraged the sale of local products and delicacies.   

The town is bustling with economic activity . We see this success story in many parts of the Philippines.  The local execs of the LGU should be congratulated. And these initiatives must continue

This place used to be sites of NPA activities

Raising minimum wage

Looking forward to the future of business

With the following price pressures:   weekly price increase of prices of fuel, increase in price of basic goods, (also due to Ukraine war) the pressure on is for petition for wage increase with some of quarters requesting  for as much as P200.00/day increase

Defnitely, the bulk of businesses are at a quandry as to where they can get this or source this amount.  A P200 per day increase would amount to P4,000 per month or P48,000 a year.   If you have  `50 employees that would be a about P2,400,000 and their margins would be wiped out.

Only exporters, MNCs, the 5% of the total employers would be able to afford this.   This is a difficult decision making.   

Changing fortunes with the decline in covid 19 cases

Looking forward to the future of business

While we welcome the reduction (only 3 digits yesterday) in number of covid 19 cases, this is ominous for companies engaged in health care and services    hospitals, medical suppliers of equipment PPE vaccines, test kits, medicines and the like

Face to face business will prosper this can mean reduction in volume of couriers and other facilitators of on online business. Some may even go out of business just like the pandemic closing many face to face business..  The pandemic has been particularly hard on airlines, tourism, bus and transportation, schools which are mostly face  to face.    Many schools just to retain their faculty have to obtain huge loans to continue paying for their salaries,

All ready fast food and airlines have recovered and away from bankruptcy .  But a cruise ship sailed its last.

Prayers to those who can make it, and kudos who will survive.