Sunday, July 12, 2009

Travel and tours.....................a way of survival.

The year 2008 was a big shock to all, when crisis after crisis have affected not only the USA but almost every country in the world. Big businesses have closed down not knowing what hit them. But many agree that it was the greediness of many so-called business or techno-savvy people which undermined the savings not only of retirees but small investors hoping to cash in on stocks, trust and and other investment papers.

A big number of Filipinos here and abroad are being retrenched in their jobs due to the financial crisis that have afftected not only the USA but the world over. After a year, nothing in sight is yet clear, but many says that now is the time to put in the money needed to stimulate the market. When stocks are in their all-time low, there is no way to go but up.

So don't hide your money in your cabinet. Rats and molds might eat them. Let us put our money in the market place, where it can be used for purposes that could stimulate the economy. Let us try to improve our local tourist destinations and make it attractive not only for foreign but also to local tourist. This is one way our economy would surely survive the slowdown in our economic activities.

Starting today, I will try to update everyone with the latest happenings in our tourism industry, particularly our local tourist industry.

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