Well now, it depends.
If you live in Frasier Park, not bad at all.
OTOH, it ain't a bed of roses either.
Investment for example.
Several years ago our company interested a large investment group in forming a cargo airline company in Manila, only to have the local group we were dealing with get greedy, and want far too much.
Bottom line, I requested 'em to look elsewhere, as many of the folks in the Philippines simply have scared off quality investment with their underhanded way of doing business.
In short, nice place to visit...working and especially business investment comes up looking rather sad.