Steering clear of highly regulated businesses

Looking forward to the future of business

Rizal Philippines

3.25.2021

In a recent Bilyonaryo post,  MVP was reported to be steering towards businesses that are less regulated.  They are into energy, (Meralco) tollways (NLEX) and telco (PLDT).  They are bountiful businesses and hence heavily regulated because they involve the masses.

SMC in its expressway inter connect project is having a spat with a regulatory body

We too would like to think in the same manner but the arms of govt is everywhere; they own 42% of other busineses (the VAT and Income Tax)  

It is our experience that the LGU will squeeze you dry before giving you a permit   (CIA) 

In our recent experience:

1. A councilman intimated he must get 7 numbers if our proposed joint venture with the LGU pushes through.  The local execs will get no less;

2.  In another LGU we were tricked into having a proposal to be a bidder to a proposal of a relative.  

The reason why there is the NPA problem is that corruption has not been solved;  due to theory of thesis anti thesis means that NPA exist because of corrupt officials that are still  there.  The current administration