Which location do you prefer? What is a safer surer bet

Nation building via learning and being the best in business

This business offer is a little bit odd. The agent who offered me the property is from the north, while the proposed project site in the south of the island.  There were two sites she offered:   one is straddled between the boundary of two cities:   one whose population is 100K plus and the other is almost 300k.   The site is along a 4 lane road connecting the two cities and equidistant between two centers of the city, and both the two locations have the type of business we are pushing  filled up.  The site is equidistant betwen two such filled up sites.   The only problems are:   1.  zoning     2.  we like jv      3.   and  city govt approval  (which will require a lot of sop maybe).

The other site is nearer the other city but the road is only two lanes and only will be able to serve one city.  It is near a dumpsite.

Which would you choose.

Location, location, location

What to do in a business deal that went sour/south?

Nation building via learning and being the best in business

This post is not in the best of mood lately.  A protege, failed in his  commitment to complete the dp to seal the deal and the landowner talked to me last Wednesday, and this post said a deal to solve the problem would be proposed.   This post did not get the immediate approval of the principal and was able to to send the proposed deal yesterday, It was a continuance with me taking the place of the proponent.   Was able to send the proposal/solution only yesterday.  

The land owner wants a cancellation of contract.  However it could not be done verbally as there is a written contract.    After a long discussion with the stake holders, here is what was proposed:

1.  The land owner has to cancel the deal in writing as the contract is in writing    There is a 30 day period within which the proponent must respond or else the recession take effect.  The proponent may reject the rescission if he so desires

2.  He may elect to ask for assignment a peaceful settlement immediate or long term;

3.  A new proponent corporation may be established if the land owner merely wants to  get rid of original proponent

4.  During the 30 day period, the incorporators must seek funds for 1m to continue the project

    The 1.1m that has been given will apply and just the same there will be continuance....

Will this be a good deal.  

Should I feel responsible for the deal that I supported, endorsed  but which somebody is responsible.  This is a lesson learned.  Some people are not trustworthy and still have to learn much on leadership and entrepreneurship..  Some observers say I should not bear the burden.  

Why are ambassadors trade groups visiting Baste Duterte in Davao? Sign of forthcoming investment in Mindanao

Nation building via learning and being the best in business

There has been a series of events in Davao showing top foreign dignataries and trade groups visiting Mayor Baste Duterte in Davao.  What do these visits mean?   Does it mean more investment for Davao?  Are we right in planning to invest in Mindanao

Businesses I would like to be in if given longer life

Nation building via learning and being the best in business

If given longer life, aside from the current businesses I am engaged in this post would like to engage in the future (near and long term)

      1.  Agri forestry -  tree farming agar wood and other timber products;   bamboo

      2.  New materials -  bamboo for construction low cost housing

      3.  Low cost housing  for the real buyers  below P1M near train lines and suburbs

      4.  Agri -  coco and  fuel  -  sugar  energy

      5.  Pharma

      6.  Finance  -  insta lending to customers using the MCF and other funds...

But pursue core businesses in Mindanao:   major southern cities.  

Rash of business closures hound MSMEs

Nation building via learning and being the best in business

This post has seen at Soc Media a gallery of pictures saying good byes to their customers as they are closing down:   resto, coffee shops, meat shops garment store and the like.  A never ending parade of buienss closures.   Now many are not so sure of what happens next.  

The barber where this post went to for hair cut says business has been bad -  people scrimping on their haircut.   Visa has been complaining of decline in CC purchases from the Philippines.   

What could be behind this?    Lack of available credit and working capital for MSMEs.  The scarcity has placed interest rate for MSME at 3-4% per month.      (Thats 36 to 48 % pa)    The BSP increase in rate has something to do with this (to combat inflation).

The govt focuses too on ayudas on flood control, on persecution of top officials enemy... Tsk tsk  not the exchange rate and which happens despite a  think tank and sky high salaries...

Philippine economy despite the dark clouds ahead: energy, peso to dollar exchange rate, unemployment etc. remain stable

Nation building via learning and being the best in business

GDP ranking 2026, Worldfactsbooks

The Philippine economy is facing a lot of serious challenges:   the highest inflation in the region at 7.2;   rising gasoline prices, low GDP per capita, more unemployed adults (3 million of the labor force)  It is a cause for concern for many citizens.  

What is noticeable is that Phil GDP is one of the highest in the world, ranked 34, even ahead of Malaysia Finland, Sri Lanka, Denmark, Kuwait, Greece, New Zealand,  Venezuela, Panama, Pakistan Iran.  How nice.  How great.  .What is happening to the PHL are just hiccups.  They will vanish away

Who knows, the problem  in Europe that involves, Italy, Germany, Spain and France may pull them down and pull up the Philippines a couple of rungs.  

From wikipedia

The economy of the Philippines is an emerging market, and considered as a newly industrialized country in the Asia-Pacific region.^[30] In 2026, the Philippine economy is estimated to be at ₱30.22 trillion ($512.22 billion), making it the world's 35th largest by nominal GDP and 14th largest in Asia according to the International Monetary Fund.

The Philippine economy is a service-oriented economy, with relatively more modest contributions from the manufacturing and agriculture sectors. It has experienced significant economic growth and transformation in the past, posting one of the highest GDP growth rates in Asia. With an average annual growth rate of around 6 percent since 2010, the country has emerged as one of the fastest-growing economies in the world.^[31] The Philippines is a founding member of the United Nations, Association of Southeast Asian Nations, Asia-Pacific Economic Cooperation, East Asia Summit and the World Trade Organization.^[32] The Asian Development Bank (ADB) is headquartered in the Ortigas Center located in the city of Mandaluyong, Metro Manila.

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