Starting My Treasure Hunting In England

Chapter 695 Making Money and Charity

The financial industry in the Philippines is very developed compared to the country's overall level, even a little too developed, because in addition to domestic financial institutions, the financial market here is also open to major overseas institutions.

However, financial institutions in the Philippines and other countries have one characteristic, that is, they basically only focus on cities and do not pay attention to rural areas.

Therefore, Liang En and the others actually set up a bank in this area after careful consideration, and judging from the current investigation, at least there is not a big problem in operation.

More importantly, this type of small loan for ordinary people is also considered a charitable act, so it has considerable tax advantages.

"Why don't many of the children look like Filipinos?" When they passed by the elementary school, Liang En took a curious look inside, and unexpectedly discovered that the people inside looked very different from the locals.

"Alas - these people are poor people." After hearing Liang En's question, Huang Tao sighed first, "Have you ever heard of the City of Angels north of Manila in the Philippines?"

"I seem to have heard of it." Because the other party said this sentence in Chinese, Liang En quickly remembered some news he had seen in his previous life, so he asked tentatively. "Is the place you are talking about the place known as the male paradise in the West?"

"Yes, that's the place." Huang Tao sighed and said, "This is the shame of the Philippines."

This city called the City of Angels is located near the Clark Military Base, the largest U.S. military base in the Asia-Pacific region. The wealthy U.S. military naturally attracted many Filipinos to come and do business.

As we all know, American soldiers often cannot control themselves below the belt, so this kind of place also attracts many Filipino women, and over time the City of Angels has become a prosperous place.

However, the prosperity of this place has always left some bad effects. That is, in the nearly 50 years that the US military has been stationed, many mixed-race children have been born.

There are many mixed-race children who have no idea who their fathers are and have never seen their fathers. This problem continues to this day because of the prosperity of certain local industries.

Another important reason for this tragedy is that the traditional Catholic customs in the Philippines are also opposed to abortion laws, which is why these children who cannot find their fathers are produced.

However, the theory of victim guilt is not uncommon in the Philippines. Many local residents believe that women are pregnant with, or even raising, mixed-race children in a foreign country all because they are ignorant and vain.

The "evil deal" has brought thousands of mixed-race children to Angel City in the past few decades. Most of these mixed-race little angels have never seen their biological fathers and have lived in poverty since birth.

A series of problems such as the lack of educational resources caused by poverty make it very likely that they will embark on the path of illegal crime, which is obviously detrimental to the future of the country, so the Philippines has also adopted some plans to try to solve this problem.

Although this method of treating the symptoms rather than the root cause does not solve this problem, it can still be done to solve part of it.

Liang En and the others took over and built a rescue center here specifically to provide assistance to women who had escaped from the X trade. Because most of the people who came here were people with children of several years old, nurseries and schools were built accordingly.

"If I remember correctly, the other party should be from the north." Liang En frowned slightly. “Why move from the far north of the country to the far south?”

"Because they want to start over, especially for the children." Huang Tao explained in a low voice. "For a mother, there are so many things they can do for their children."

"Yes, maternal love is great." Liang En nodded. "The core of this is to give them a suitable job. We know that most of them are in this industry because of poverty, and to change this, we must also solve this problem."

"Although this problem is difficult, it is not unsolvable." Huang Tao nodded and said, "These people can just provide enough labor for our current processing plants."

"For example, after being trained, they are mainly responsible for the production of woven handicrafts. Of course, some of them volunteer to work in plantations, schools or other places."

Unlike China or Europe, women in Southeast Asian countries like the Philippines are more hard-working, while men are not willing to work in harder factories. They would rather work as unstable temporary workers but in easy positions.

This difference mainly lies in the fact that the biggest difference between Southeast Asian men and Northeast Asian, European and American men is that Southeast Asian men have a greater sense of dignity than family responsibility, while Northeast Asian countries and Europe and the United States have traditionally been completely opposite.

Therefore, after being trained, these women are basically qualified for those jobs. After all, Liang En's jobs are not too complicated and normal people can learn them.

"So even though this knitting industry may seem inconspicuous, for these women it is an open door to a new life." Huang Tao concluded in the end.

"The next thing we have to do is to continue to expand our industry. The bigger the industry expands, the more profits we can make and the more people we can help."

In the past few years, Huang Tao has come to realize that Liang En's business in the Philippines is not just for making money, but also hopes to gain fame for himself while doing charity.

Although it can be seen from his formulation of the industrial chain that his level of making money in this aspect is definitely not weaker than others, but from Liang En's use of wealth, it seems that he does not prioritize making money.

To give the simplest example, in the past few years, Liang En has basically spent all the money he earned in this region, and even subsidized it. At the same time, he has also done a lot of charity-related work.

It is very important for employees to be consistent with their boss, so for Huang Tao, the most important thing about what he has to do now is to be consistent with Liang En's ideas.

"You're right, Manager Huang." Liang En nodded and said, "We plan to operate here for a long time, and long-term operation requires establishing good relationships with local people."

"The people here are not just local officials, but also local people. Even compared to the former, the latter is more important in my eyes."

After all, Filipinos are able to manage the city in a relatively detailed manner, and the management level outside the city is no different from that in China before liberation. Therefore, to Liang En and the others, the local people are very important.

"I understand, so everything we do now is actually more geared towards the local people." Huang Tao nodded seriously.

"Now our annual net profit is close to 1 million euros, so it is much easier to do many things than in the past. After all, there are too few things in this world that cannot be done with money."

"You are right, our core is to form a virtuous cycle." Liang En nodded and said. "So you will have a harder time in the future, because we must ensure the current level of profitability."

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