I believe this Emperador Distillers investment in Whyte & Mackay is good for the Philippines as a whole, not only beneficial to our business.
Sentiment: POSITIVE
I hope we business people can invest more aggressively outside Metro Manila, whether in real estate, factories, or other enterprises, in order to give equal opportunities to all other regions.
Apart from boosting our long-term economic strength like other Asian economic powers, Philippine companies expanding overseas and going beyond our comfort zones, or going to some uncharted territories, will help sharpen our management skills.
We practically own everything in the Philippines.
Throughout Philippine history, it's the immigrants who built fortunes and, in the process, helped build Philippine economy.
Filipino businessmen must have the ability to compete freely in the global economy.
Asia has a great future; we here in the Philippines will benefit from this Asian prosperity.
There are many beautiful and resource-rich areas all over the Philippines that are still undeveloped or under-developed. These areas offer opportunities for better master-planning and the emergence of better communities as well as cities.
On the economy, the U.S. cumulatively is our most important investor, most important trading partner, most important sort of tourists, and we have now a tie that will... a link that will be here for many, many years to come, and that is the big Philippine-American community in the United States - three million of them.
The Philippines is strategically located and blessed with the greatest resource: its people, who are hard-working, very loyal, and very adaptive.
Doing ventures is great - I'm talking economics now - if you've got a rising market. It's wonderful. If I hadn't got HKT, I would have been just as happy. Because there's a price for everything. And to overpay for something is awful.
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