Conditions will impact condominiums
Philippines to Lose Jobs and Business to Thailand and Vietnam As Companies Leave China - http://philippineslifestyle.com/blog/2015/10/20/philippines-to-lose-jobs-and-business-to-thailand-and-vietnam-as-companies-leave-china/
"The report also noted that the Philippines has one major negative, it’s business environment – noting it as a “Key Issue” when looking at moving a business to another country nearest to China.
“Philippines, Indonesia, Cambodia and Laos under-perform China, in terms of ease of doing business and control of corruption. In turn, Malaysia, Brunei, Thailand and Vietnam are doing better than China,” the report noted.
“The Philippines fares well on some key indicators but not on the business environment, which is of course very important. The fact that the Philippines manufacturing sector (mainly semiconductors) has been losing steam during years does not bode well for the future,” Natixis added.
Telecommunication, transport, power and water infrastructure in the Philippines also fell short compared with those in Thailand and Vietnam, the report noted.
The reports sums up the ideal that Vietnam and Thailand are highly attractive for those looking to relocate, and not the Philippines."
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