Effects Of Marawi War
Effect of Marawi War in Philippine economy
Marawi was also known as the “Philippine’s premiere Islamic City”. It is the largest city of Lanao del Sur. It is all its capital on the island of Mindanao in the Philippines. It was founded by Dansalan group in 1639 by the Spaniards led by Francisco Atienza, their true reasons of going to Marawi is to conquer the entire Lake Lanao area. Recently the battle in Marawi started on May 23, 2017 they called themselves a Maute Group and the CNN Philippines had estimated that the militants have about 500 men. After that Philippine President Rodrigo Duterte came out and declared Martial Law in the area.
We all know that Marawi war made all things in the Philippines conflicted, if not all but some of them …show more content…
In effect some of the businesses will borrow money from the bank to buy new products but the demand of the buyer in buying it will decrease because of the previous tragedy. Some of the citizens of Marawi might have trauma because of the incident. Another thing is that the location and the branch of the business was already damage. Some businessmen will find a safer place but some are going to repair it and the repairing cost will be from their savings or a loan from a bank. If the repaired business does not go well, they will loss amount of money because of external and internal damage. If that happens, the only way to get away from it is to close it or the bank will get it from you as the payment of your …show more content…
Even though the employee is not well trained they are going to get it so that the job can be done and reach the demand of the new customer and gain his/her trust. They need to find new supplier and investor that will trust them and help them to gain. But there is a bad effect and that is they need to use their own savings to survive the company because they are going to pay the salary of the new employed workers using it. And they make sure that they have plans about
Marawi was also known as the “Philippine’s premiere Islamic City”. It is the largest city of Lanao del Sur. It is all its capital on the island of Mindanao in the Philippines. It was founded by Dansalan group in 1639 by the Spaniards led by Francisco Atienza, their true reasons of going to Marawi is to conquer the entire Lake Lanao area. Recently the battle in Marawi started on May 23, 2017 they called themselves a Maute Group and the CNN Philippines had estimated that the militants have about 500 men. After that Philippine President Rodrigo Duterte came out and declared Martial Law in the area.
We all know that Marawi war made all things in the Philippines conflicted, if not all but some of them …show more content…
In effect some of the businesses will borrow money from the bank to buy new products but the demand of the buyer in buying it will decrease because of the previous tragedy. Some of the citizens of Marawi might have trauma because of the incident. Another thing is that the location and the branch of the business was already damage. Some businessmen will find a safer place but some are going to repair it and the repairing cost will be from their savings or a loan from a bank. If the repaired business does not go well, they will loss amount of money because of external and internal damage. If that happens, the only way to get away from it is to close it or the bank will get it from you as the payment of your …show more content…
Even though the employee is not well trained they are going to get it so that the job can be done and reach the demand of the new customer and gain his/her trust. They need to find new supplier and investor that will trust them and help them to gain. But there is a bad effect and that is they need to use their own savings to survive the company because they are going to pay the salary of the new employed workers using it. And they make sure that they have plans about