That's not the point. The point is how much inconvenience MNC's are willing to suffer vs costs and convenience. If it's only about infrastructure and tax rates, no company would establish presence in Southeast Asia outside of Singapore.v4jr4 wrote:I'm not too sure about the tax rate in Philippines, but from what I heard, the infrastructure is not as good as Singapore.movingtospore wrote:I think they already are, as is the Philippines. Entirely anecdotal but I was at a luncheon today and chatted with a guy who owns a manufacturing biz here. He's putting steps in place to move ops out of sp next year. Sad thing is he does employ a number of skilled locals it's a high tech sort of thing.
FYI, infrastructure sucks balls. There are MNCs there anyway.