Sunday, February 10, 2013

In the fastest growing economy in asia

Am in the phillipines this week and all I see is the amount of growth that this country is going through.

It is the fastest growing economy,  the stock market is at an all time high and there is just so much positivity here in this country

There was an article in the newspaper about an Indian securities company starting out an office in Manila

It reminds me of how we in India were in the 2000 early years.

There are a lot if Indians who have settled down in the phillipines and I actually met a n individual who has set up almost 6 restaurants and plans to open one every three months

Some key things that I noticed here

The interest rates are quire low.. around 7.5%..
The focus is on services.. even though the country was a manufacturing economy

Can the Indian government Pls sit up and take notice

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