Okay, I am furious. Fuming mad. Angry. Why? No, it has nothing to do with the current Philippine Senate Circus, or with the problems some local banks are facing with their investments with Lehman Brothers - since the Philippine Central Bank said local Banks are safe - but, no Sirs, nothing is safe these days.
So it’s like this. Okay, so you start a business, you go through the business plan process, and secure capitalization, process voluminous paper requirements with the SEC and other government agencies, you find an office space, buy furnitures, servers and laptops, and yeah, office phone with DSL internet connection.
So we’ve done all of them, got an office space in an office tower in Mandaluyong/Ortigas area, and one week before the official launch, applied a phone line with DSL with PLDT. Five weeks passed, still all we got were 3 volumes of yellow and white pages delivered 2 weeks ago - no phone line, couldn’t even print our business cards because we don’t have a telephone number yet, and no internet connection!
The Telecoms Industry in the Philippines
What does a Country need to be globally competitive for long term investments thus making more jobs available? There maybe a lot but probably among the top criteria are political stability, peace and order and, a good telecoms industry.
A Telecoms study results of two different research companies surprisingly have the following common illustration of the state of the Read the rest of this entry »
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