Treasure hunt begins in England

Chapter 695 Making Money and Charity

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

It's just that financial institutions in the Philippines or other countries have a characteristic, that is, they basically only focus on cities and do not pay attention to rural areas.

So Liang En and the others have actually thought carefully about setting up a bank in this area this time, and judging from the current investigation, at least there is no major problem in operation.

More importantly, this type of small loans to ordinary people will also be considered as a charitable act, so there are not small tax benefits.

"Why do many of the children don't look like Filipinos?" When they passed by the elementary school, Liang En looked inside curiously, but unexpectedly found that the people inside looked very different from the locals.

"Alas—these people are poor people." After hearing Liang En's question here, Huang Tao sighed first, "Have you ever heard of the City of Angels in the north of Manila, 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're talking about the so-called Western Male Paradise?"

"That's right, that's the place." Huang Tao said with a sigh, "This is a disgrace to the Philippines."

This city called the City of Angels is located near the Clark military base, the largest US military base in the Asia-Pacific region. The rich and powerful US military naturally attracted many Filipinos to come to do business.

As we all know, American soldiers often can't control themselves below their belts, so this kind of place also attracts a lot of Filipino women, and Angel City has become a bustling place over time.

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

There are many mixed-race children who have no idea who their father is and have never met their father, a problem that persists to this day because of the prosperity of certain local industries.

There is another important reason for this tragedy, that is, the traditional Catholic habit of the Philippines opposes the abortion law as well, which is why these children who cannot find their fathers are produced.

However, the theory that the victim is guilty is not uncommon in the Philippines. Many local residents believe that women who conceive, or even raise mixed-race children from foreign countries alone, are all due to their own ignorance and vanity.

The "sinful deal" has brought thousands of mixed-race children to Angeles City over the decades. Most of these mixed-race little angels have never met their biological fathers, and they have lived in poverty since birth.

A series of problems such as the lack of educational resources caused by poverty make them very likely to embark on the path of illegal crimes, which is obviously not good for the future of the country, so the Philippines has also adopted some plans to try to solve this problem.

Although this method of palliative rather than root cause does not solve this problem, it is still possible to solve part of it.

And Liang En and the others undertook and built a rescue station for women who got rid of the X transaction. Because most of the people who came here were people with children of a few years old, nursery schools 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 those children." Huang Tao explained in a low voice. "For a mother, there are so many things they can do for their children."

"That's right, maternal love is great." Liang En nodded. "At the heart of it is giving them a decent job, and we know they're in this industry overwhelmingly because of poverty, and changing that has to address that as well."

"Although this problem is difficult, it is not impossible to solve." Huang Tao nodded and said, "These people are just able to provide enough labor for our current processing plants."

"For example, after training, 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 industrious, while men are not willing to go to factories that are more difficult. They would rather work as unstable temporary workers but easy positions.

This difference is mainly due to the fact that the biggest difference between Southeast Asian men and Northeast Asian and European and American men is that Southeast Asian men have a greater sense of dignity than family responsibility, while Northeast Asian countries and European and American countries are traditionally completely opposite.

So after training, these women are basically competent for those jobs. After all, Liang En's work is not too complicated, and normal people can learn it.

"So don't look at this weaving industry as seemingly inconspicuous, but for these women it is an open door to their new life." Huang Tao finally concluded.

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

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

Although it can be seen from the aspect of his development of the industrial chain that his level of making money in this area is definitely not weaker than others, but from Liang En's use of wealth, he does not seem to put making money first.

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

For the employees, it is very important to be consistent with the boss, so for Huang Tao, the most important thing he has to do now is to match 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 a good relationship with those local people."

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

After all, the Filipinos are able to manage the city more finely, and the management level outside the city is no different from that of China before liberation, so for Liang En and the others, the local people are very important.

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

"Now our annual net profit is close to 100 million euros, so it is much easier to do many things than in the past. After all, there are too few things that money can't do in this world."

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

(End of this chapter)