Opportunities abound in Region 1 - its no longer at Region 1V

Looking forward to the future of business

We recently took a trip to a province in Region 1.  Vote rich.

The TIPLEX ends at the this province.

Some opportunties noted were (in this particular province:

1.  An economic zone in a City with

2.  A diviersion road being built

     (At diversion road in Urdaneta, many new busiensses have been built.

3.  Lots available for solar farm near the grid, at an unbelievable price;

4.  Solar lamps, pumps, at prices that are 10 to 15% lower than exhibits, and previous offer.

     P21K ang 80 watts with 6 meters pole (Sa kanila 6 meters pole +  180 watts less than P20K)

5.  Memorial park projects, partially built that are for management and or jv.

     Another one in resort town.  With permits all ready.

I concluded that the opportunities are no longer in NCR or MM.  These are growth areas  Couple this with publicity for this province due to Pogo hearings,   Closeness to China too.

We should not just stay in our offices houses waiting for opportunities to come

Higher losses for a local multinational food company

Looking forward to the future of business

The head of this company  Joselito Campos.was a former college classmate. He is the son of  Unilab, the biggest local drug company which is multinational.   It is unfortunate that the losses of his company doubled for 2024.  In PHP th8s runs into billions.  While our modest company are not that much, being local and not $ denominated, we are happy that we do not have that much losses.

The losses were attributed to poor performance in US market

It is imply no guts no glory.   Growing big entails losses.

I had advised a local food processing company vs  putting up a plant in USA because of tight competition, (and lack of knowledge and experience in US market) and high labor cost.    With a socialist governor -  Gavin Newsome, the advice could not have been much better.

Is it still OK to do business in USA?

Del Monte losses doubles

Opportunity everywhere

Looking forward to the future of business

This post lost 3 deals because we cant get TD titled.   We spent 6 months on these deals and they were wasted.   No time to despair.

Today as I went on biking route somebody, a kapadyak on MC chased me and we had brief conversation.   He asked if we can take on 4 hectares untitled property.   Its in a different town.  So no problem.