Intel to Pull Out?

I've read a news article online and this is something really bad for our economy. Intel, which employs more than 3,000 Filipinos and has invested $1.51 billion, is pondering on withdrawing its operations in the Philippines due to our country's high cost of electricity. Though this bad news is not yet certain, Intel has 6 to 9 months to decide whether to pursue in retreating their operations in our country or not.

I just hope they would go for the latter as this retreat will have a negative impact in our economy. My compassion goes out to their Filipino employees who will bear the brunt by this said pull-out especially now that prices of commodities have skyrocketed. May the Intel officials, despite the staggering high cost of electricity in our country, would realize that Filipinos are hard-working, dedicated and talented workers and may this realization aids their decision regarding the fate of their site in the Philippines.