Korean plans $103-M Subic condo-hotel complex

Will this be a "Koreans only" place? Its unbelievable how Koreans can get away with this shit in our country. Korean only subdivision? Go to Angeles City, there's one there. Meaning no Filipinos allowed. They recently had a Korean festival in Angeles and guess what... all the signage were in Korean only... no Tagalog or English whatsoever. Obviously they didn't want anyone who couldn't read Korean there.

Why are we selling our Country to foreign investors? What is the arrangement with the korean company? Just like Denshi said, it is ashame that Koreans or Chinese can get away with that type of arrangement. Obviously, they will cater the facility to Koreans only thus influx of foreigners who will suck out our resources and live in our Country as first class immigrants/citizens?

So--- is this condo built yet ???
How close to the golf courses?

Investment from any foreign nationals in the Philippines is what we need to progress from where we are now. They should be encouraged and applauded for what they are contributing in our fragile and weak economy. It is up to us to draw some guidelines on how they operate and conduct business in our country. For every progress there is always a growing pain that comes with it. The challenge for all of us is to be able to overcome it in road to success.

You can say its unfair but what can we do with the kind of economy we have. We need companies, foreign companies to help the Philippines and the Filipinos to get over with the poverty. Say, Koreans, they already helped thousands of Filipinos with their Hanjin project, and with that, thousands more are having a three times a day meal if not a nutritious meal. Imagine, where do we think these people are if they are not working at the Hanjin. And to respect the korean culture, we need not to be extra sensitive when we see them doing their celebration with all korean character writings. It hurts because we feel we are being isolated or taken for granted in our own country but if we are to realize the positive effect they brought about, we can say they are helping a lot of Filipinos, and their families.

Good thing there are still neighboring countries that are willing to invest in our land despite all the controversies and politics happening in our government.

Yesterday I was saddened when I saw my 2007 ITR. I paid P150K income tax to the Philippine government. A very hard earned money compared to $130M easy money (easy commission) of NBN people. Hay... I hope the government will just build houses and condos and sell it to Pilipino people at low cost.

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An investment increase from $3 million to $103 million means this business will only be favorable for this country. I also believe we should encourage them in investing here, because it will be a stimulus for us, we will work harder to overcome them.
Elijah Hamilton - New York NY Apartments salesman

Go to Angeles City, there's one there. Meaning no Filipinos allowed. They recently had a Korean festival in Angeles and guess what... all the signage were in Korean only... no Tagalog or English whatsoever. Obviously they didn't want anyone who couldn't read Korean there.
Best regards, Alex, CEO of download youtube videos

Regarding what Alex said, I think that the Koreans only did this because everybody was treating them mean. Being proud, they decided that if the others don't want them, they won't want them, either. carnival cruise ships

This is going to be such a great looking condo. It is amazing how much money is being spent on it. I just love the design. Live Food

This is going to be such a great condo complex when it is built. I cannot believe how much money is being spent on this. I would love to see it when it is done. no fax payday loans

KT Global said in a statement that it had decided to advance the schedule for completion of the first building by two years to 2010 and that the other buildings would follow in six to 10 years.
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Unfortunately it is human nature to congregate with like minded people. I have lived in many places as the minority and the majority too. Guess what it is similar world over, not just the Koreans, but the Americans abroad congregate together too!

Regards,
Matt
Hardwood Flooring Pittsburgh

With more and more foreigners leaving their own countries to live elsewhere, this is a great opportunity for Subic Bay to prep itself for the influx of expats who will probably be staying long term, bringing with them businesses and contributing to the economy – I fail to see why this puts any foreign-owned projects in a bad light.

Regards,
Joe
Trade Lighting

I wonder if they plan on building some custom wine cellars for the complex as well. That would be a great addition and I do think that we can find a few eccentric people who would love to own them.

I was talking with a friend of mine from norwegian cruise vacations and we are talking about developing hotels in different exotic areas on the Globe and we both agreed that the initiative you write about here in your article will surely be a positive thing for the future to come.

I am hearing consistently positive news regarding the Philippines and its ongoing development. Korea is making some clever moves into their market.

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