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Showing posts from September 4, 2018

Imperative 34: 13th vision: Filipino expatriate groups' clean and green 'sideline' businesses

    Over $25 billion repatriated by expatriate Filipinos each year the past decades indicates one thing: they will never tire of trying to help folks back home.  The amount however appears to be a small percentage of total Filipino expats' and migrants' incomes, indicating a huge capital potential for mega co-ops if such overseas Filipinos get persuaded to  buy mega co-op shares thru relatives or thru mega co-op websites.  Mega co-ops have to find ways by which overseas investors may directly buy capital shares instead of passing thru brokers.  Overseas Filipinos may also capitalize small businesses that engage in production contracting or supply of materials to mega co-ops as a way of providing income for loved ones back home.  Capable and trusted relatives may manage the businesses to acquire specialist skills for further expansion of operations once the expat financier retires and returns to the Philippines with a big 'nest egg'.  The specialist skills learned by th