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View Poll Results: I prefer...
Jakarta 50 43.48%
Manila 65 56.52%
Voters: 115. You may not vote on this poll

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Old 07-06-2014, 02:06 AM
 
Location: Pilipinas
282 posts, read 607,969 times
Reputation: 40

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Quote:
Originally Posted by 62914 View Post
This is nice info from a third person's point of view.
Well said senor!

From american's point of view...

 
Old 07-06-2014, 02:06 AM
 
96 posts, read 180,503 times
Reputation: 21
"The World Bank estimates that more than 40 percent of the Philippine economy is underground, in the shadows, off the books. This is an important fact for several reasons."

What' s Up In The Philippines: The underground economy

This one is worth sharing. The Philippine economy is undervalued (if this is the right word) by 40%?. What does it mean?
 
Old 07-06-2014, 02:07 AM
 
68 posts, read 186,387 times
Reputation: 14
Quote:
Originally Posted by Coach Rajko View Post
Hi there,

I don't think so, BPO expats and people would cover that grey spot you are talking about.

What about Fil Ams who visit the Ph on a average of 2x a yr? Those were BOLDS numbers so to speak, people who are earning USD 4000 a month in the states or even higher.

But yes Bangkok is Bangkok but definitely M.M. will surface very soon with this treading.

TRY THIS, A review from American site about 10 best shopping destination in whole ASIA as of 3rd q of 2014, Metro Manila in Spot number 10, while Jakarta metropolis is none in the best 10.

read more:
10 Best Shopping Destinations in Asia
Did you check at my links? Indonesia's High Net Worth Individuals is over 100.000 people, one of the largest in Southeast Asia. The luxury market in Manila is tiny. Its not even considered in the Frank Knight index!
 
Old 07-06-2014, 02:08 AM
 
68 posts, read 186,387 times
Reputation: 14
Quote:
Originally Posted by 62914 View Post
"The World Bank estimates that more than 40 percent of the Philippine economy is underground, in the shadows, off the books. This is an important fact for several reasons."

What' s Up In The Philippines: The underground economy

This one is worth sharing. The Philippine economy is undervalued (if this is the right word) by 40%?. What does it mean?
All third world economy is undervalued because the non-formal sector is not counted in the GDP. Indonesia also has an underground economy of 40-50% of its GDP.
 
Old 07-06-2014, 02:10 AM
 
68 posts, read 186,387 times
Reputation: 14
Quote:
Originally Posted by Coach Rajko View Post
yes i did. probably you have more store branches but almost of those brands we got here as well.

also Let me ask about casinos? How about there?

these people are the also the bulk buyers of those brands you referred to..

casinos are booming in m. manila, as those tycoon gamblers envisioned Bay area of M.Manila to be next to macau.
Why would casino be a marker for luxury status? Its mostly located in MARGINAL CITIES! New York, Paris or London is not famous for casino. Las Vegas, an unimportant city, is. Casino economy is not good! It brings criminality along with it. Perhaps Singapore can contain it because its such an efficient city, but I doubt Manila can.
 
Old 07-06-2014, 02:13 AM
 
96 posts, read 180,503 times
Reputation: 21
May I ask our Indonesian friends... Just a plain question, how big are H&M branches in Jakarta? Thanks.
 
Old 07-06-2014, 02:15 AM
 
68 posts, read 186,387 times
Reputation: 14
this is the LARGEST LOUIS VUITTON STORE IN SOUTHEAST ASIA

 
Old 07-06-2014, 02:16 AM
 
96 posts, read 180,503 times
Reputation: 21
Quote:
Originally Posted by indoberry View Post
All third world economy is undervalued because the non-formal sector is not counted in the GDP. Indonesia also has an underground economy of 40-50% of its GDP.
Any backup for this sir.
 
Old 07-06-2014, 02:17 AM
 
96 posts, read 180,503 times
Reputation: 21
Quote:
Originally Posted by indoberry View Post
Why would casino be a marker for luxury status? Its mostly located in MARGINAL CITIES! New York, Paris or London is not famous for casino. Las Vegas, an unimportant city, is. Casino economy is not good! It brings criminality along with it. Perhaps Singapore can contain it because its such an efficient city, but I doubt Manila can.
Those players will surely be an additional market. Plain and simple.

Any back-up to your claim sir (those in bold).

Last edited by 62914; 07-06-2014 at 02:36 AM..
 
Old 07-06-2014, 02:18 AM
 
68 posts, read 186,387 times
Reputation: 14
Quote:
Originally Posted by 62914 View Post
May I ask our Indonesian friends... Just a plain question, how big are H&M branches in Jakarta? Thanks.
The flagship store is 3.900 meter square. Anyway, you do know that H&M is not a luxury brand.
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