Will the challenges at WPS affect investment at an island province

Every generation needs a revolution - an entrepreneurial revolution

For two years we have envisioned investment in a popular tourist oriented island province  Finally, we got a presentation from a business partner who is from the place.  That was Friday.

The following Monday, there was this ugly confrontation between the foreign armed forces and ours.

Can this, well this affect our foray into this island province?

Oil spill off MIndoro from Empress Princess poses threat to burgeoning tourism in Palawan and Panay??

Every generation needs a revolution - an entrepreneurial revolution

Oil spill off Mindoro

Containing the oil spill

The oil spill off Mindoro recently bearing 800 metric tons of fuel, is rapidly spreading and is spoiling the pristine beaches and water at our famed great beaches and waters.  While cruise ships are flocking to Boracay and Palawan, each tourist estimated to be spending $100 per day during the visit, the tourist attractiveness at the said sites:   San Vicente, Boracay Taytay can go down to zero

Al ready there are cancellations from tourists to Mindoro

Even Verde Island one of the  famous dive sites is imperiled

Our  hope for economic recovery after pandemic and efforts to attract tourists is going to naught

All ready blame is being pointed to the  regulatory agencies by the investigating bodies and some members of these agencies are recommended to be suspended.  Indeed why so much negligence, lack of effectiveness happen despite a huge bureaucracy with bloated salary expense.  Trouble is there are so many agencies involved in regulating ships in the country:   MARINA, PCG etc.  

One silly oil spill is alll that it takes to spoil the  countrýs competitive advantage in a flash

Interview of Fr. Xavier Alpasa SJ, social entrepreneur, Ateneo professor at "Inside Business"

Rizal Philippines,  April 16, 2014

 

I chanced upon at the ANC channel the interview by Cocoy Alcuaz of Fr. Xavier Alpasa, SJ, Chairman of Rags to Riches (a social enterprise) and a professor at Ateneo on Leadership and Ethics.  His talk revolved around Pope Francis Jorge book, "The Joy of Gospel"

He talked mostly on social enterprise: