Korean Job Discussion Forums

[Yaya]

I've talked to many people who've been to the Philippines and among them, many have expressed an interest in opening a business there. Of course, most of the peeps I've talked to are NON-Koreans. Koreans are now going to the Phils in droves (I hear nearly 400,000 Koreans are in the Phils but most are illegally there, but I digress).

I've discussed what sort of biz could be viable in the Phils, but many to whom I talked to were skeptical even with the low start-up cost and cheap labor. The potential problems include shakedowns by government officials and cops; lack of adequate infrastructure; validity of contracts; rule of law; safety of capital invested; and others.

Feel free to share your thoughts.

[Tiger Beer]

English is a popular one, particularly internet english, and they pay the filipina teacher abysmal wages. Something like $1-2/hour, someone is making A LOT of profit on that one.

It is also funny that almost every Korean-owned PC-Bang I've been to in the Philippines has Filipinas teaching online English to Koreans.

[ttompatz]

[Yaya]

I remember reading one guy on another forum who said his friend opened a bar in Manila with his Filipina wife and 20,000 U.S. dollars. I have met a few other foreigners who have businesses in the Philippines, but yeah, they were all married to Pinays.