Inside Asian Gaming

IAG JUN 2019年6月 亞博匯 46 專欄 2) WORKFORCE AND LABOR COSTS The local workforce in the country has the passion to work in most entertainment and hospitality settings. Additionally, English is one of the official languages and is usedas theprimarymediumof instruction in the country’s education system, making training and development sessions more effective. Meanwhile, labor costs in the Philippines remain among the most competitive of the ASEAN countries. Even for professionals and those at middle management levels, the average base salaries in the Philippines are among the lowest across the ASEAN region, contributing to competitive operating margins and investment returns. 3) IMPROVING INFRASTRUCTURE Given the massive domestic market, attractive investment factors and the tourism-driving beauty of its natural environment, the country has the potential to be even more prosperous with improved infrastructure. With the aid of Official Development Assistance (ODA) offered by countries such as Japan, Korea and China, the Philippines is now opening the “Golden Age of Infrastructure” by planning 75 flagship projects with US$160 billion in investments. It aims to complete 32 of them by 2022, effectively empowering further growth of many industries, including gaming. For example, the 106-kilometer Manila-Clark Railway Project, which aims to cut travel time between the two cities from more than two hours to just 50 minutes, is anticipated to be a strong We believe the Philippine gaming market’s competitive advantages will continue to have profound influences on its long-term outcome, which will empower the industry to keep growing. 我們相信菲律賓博彩市場的競爭優勢會繼 續對於其長遠結果有著深遠的影響，這將 能支持該行業繼續達成一系列成就。 營運商們可以 把更多的財政資源投放在招攬客人或者改善資產當 中，從而獲得更多的潛在收入。 2) 勞動力及勞工成本 該國的勞動人口都熱衷於在大部分娛樂及款待行業環境中工 作。另外，英文是當地其中一種官方語言，並且是國家教育系統中的 主要授課語言，這使得各種訓練及培育都能更有效地進行。同時，勞 工成本亦令菲律賓成為東盟成員國中最有競爭力的國家之一。即使 是菲律賓的專業人士或中層管理人員，他們的平均底薪亦比起一眾 東盟國家為低，致使營業利潤率及投資回報處於更有競爭力的水 平。