The Philippines would be a bankrupt country if it weren’t for 2 factors 1) The 2-3¬†million overseas Philippino’s sending their money back home (OFW’s) to support their families – according to the Philippines Statistics Office*,¬†Overseas Filipino Workers During Six Months Prior to the 2013 Survey by Area, transferred 163 billion pesos, that is ~USD 3.6 […]

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So we have been hearing that consumption is way way down in Thailand this year because of politics, farmers having less funds to spend, economic slowdown etc etc and yet Universal Robina Corporation (a listed co in the Phillippines), who has the #1 market share in Thailand for biscuits and wafers, just reported 3 days […]

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