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NA-DUTERTENOMICS: Korean companies nilalayasan na ang Pilipinas

Scandalous Government

NA-DUTERTENOMICS: Korean companies nilalayasan na ang Pilipinas

Kahit sa business sector ay mayroon ring mga “na-Duterte”, o “na-DuterteNomics”.

Nilalayasan na ng mga Korean manufacturing companies ang Pilipinas dahil sa mataas na cost of business at mahirap na proseso ng pagnenegosyo.

Ayon kay Korean Chamber of Commerce of the Philippines president Ho Ik Lee, nirereklamo ng mga kumpanya ang mataas na gastusin at kulang na incentives na ibinibigay sa kanila ng gobyerno. Kung kaya napili ng mga ito na mamuhunan na lamang sa Vietnam kung saan mababa ang cost of business.

“We like to invest here in the manufacturing side but unfortunately, many of the Korean companies located here (are) leaving Philippines and moving to Vietnam,” ayon kay Lee.

“When I asked them why they are leaving the Philippines, (they said it’s because) the cost is too high. It’s almost three times higher than Vietnam’s. This higher cost is killing manufacturing and that is why the Korean companies are leaving and moving to Vietnam,” dagdag pa ni Lee.

Ayon pa kay Lee, hindi na ‘attractive’ ang Pilipinas sa mga namumuhunan.

Ipinunto rin ni Lee na sagabal sa kanilang pamumuhunan ang imprastraktura kung saan mataas ang kanilang ginagastos sa logistics, pati na rin ang Bureau of Customs (BOC).

“One of the reasons why I think it is three times higher than Vietnam is infrastructure, because logistics cost is too high here and the government, BOC (Bureau of Customs), and the others are also another point,” ani Lee.

“Once they invest here, what are the incentives? So they are leaving now. We’re not saying open your country, all of it. We just ask your country (to be the) same level as other Asian countries like Indonesia and Vietnam,” ani Lee.

Ipinaliwanag naman ni Lee kung bakit mahalagang sektor ang manufacturing sa economic growth.

“So I would like to draw your attention for manufacturing because so far the Philippines is very good in economy, OFW, cash inflows and BPO. But these are not more on the labor intensive industry. But when the country moves up to another stage, I think you better draw attention in the manufacturing side. You have to move up. So what industry should you focus on? I think manufacturing is the one,” ani Lee.

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