Philippines economy is doing great because Philippines economy has strong fundamental because manufacturing Exports & modern services industries ( BPO, IT, International Call Center) are combined workforce in Philippines, that's the sharp edge of Philippines over Thailand & All South East Asian Countries
So many typical Pinoy crabs here. We come from an extremely poor state of poverty from eating talbos ng kamote with knorr seasoning to become an upper middle class. That is because of the growing economy accompanied by our hard work. Without a good economy this will not be possible. Ung hindi umaangat ay ung puro reklamo at sisi sa gobyerno at mga tamad.
this is not crab mentality though? crab mentality is that you bring someone who is succeeding down. this is more like a mixture of pessimism and doubts for possible filipino cloutchasers and expectations of what is happening IRL. while services are accessible,. prices have been all-time high.
@@pingmeup-kk5ns The data presented in this video can be directly verified through the IMF, and the numbers are clear: the economy is growing rapidly. Poverty won't disappear overnight, and high inflation is a global issue and not confine to PH. However, rather than dwelling on pessimism, we should take heart in the progress our country is making. The ngaw ngawers are actually part of the problem. Ang gusto instant singapore agad and if not sisigaw ng "asan and pagbabago?" as if poverty can be fixed overnight. Nation building is not like managing a restaurant. The country is grappling with problems of high magnitude; these issues won't be resolved with the flick of a switch.
This is not crab mentality. Problema kase, kahit anong growth ng GDP natin, hindi naman ramdam ng kababayan kasi malaki ang inequality between poor and rich. Sabihin na lang natin 5% ang growth natin etong quarter, sa 5% na yan, mga 80% ang punta lang dyan sa upper class, the rest pupunta lang sa lower class. Kaya nga may kasabihan rich becomes richer and poor becomes poorer. Maraming factor bakit ganito tayo at hindi lahat isisisi sa gobyerno
Change starts when people start to unite and be more hopeful for the future of the Philippines! Let's not question the stats because its true that we are slowly improving but we really need to change our mindset. Also I think people should gather together and clean up the slums and slowly the quality of the air and water will be better and the rest will follow. It will make such a big difference! Philippines is such a beautiful country and I'm very much hopeful and excited to see the future of Philippines. One day Philippines will see its glory like it once was. Mabuhay ang Pilipinas 🇵🇭✨
It's great to see The Philippines doing so well. I have noticed for quite some time, that there is a lot of business growth and investment going on here.
Influx of investors in the country is a sign of confidence and growing economy. Look at the skyscrapers in Manila and other city is a big difference than 15 years ago. People who criticized need to read and research the growth of this Country.
@@DeborahOlson-r2n I can't say much in other parts of the country except ncr part.mostly who invest a lot in the provinces these days are known business since 80's or 90's
Skyscrapers in Manila?? That’s your measure of growth?? Seriously??? I have travelled and lived all over the country Iv been visiting the Philippines for 30years. The gap between the rich and the poor has only gotten bigger and bigger over the years. Millions of people in the provinces still have no clean drinking water. Power outages EVERYDAY. Poor education opportunities.. Crumbling roads Corruption is a sport in the Philippines. There has been absolutely no growth for the beautiful Philippino people in the provinces.. My heart cries for them … My dream is to see the Philippino people around the world 🌎 come back home to the country and STAMP OUT THE POLITICAL CLASS AND TAKE BACK THE MONEY THEY STOLE FROM THE PEOPLE. AND GIVE IT BACK TO THEM IN THE FORM OF INFRASTRUCTURE AND SERVICES. Only then will the Philippines truly grow Don’t get me wrong not every politician is corrupt in the Philippines But the good ones are too scared to change anything meaningful because they will get assassinated. Good bless the Philippines and it’s wonderful citizens 🇵🇭🇵🇭🇵🇭🇵🇭🇵🇭🇵🇭🇵🇭🇵🇭
@@SamuKhan-e9w I don’t want to sound like a downer. But it’s only when my Philippino family visit me in Australia do they truly understand how much the political class has let them down. They find it absolutely amazing that they can drink the water from the tap here. They are blown away that we don’t have power outages. They find it incredible how clean everything is here. I keep reminding them that the Philippines could be PARADISE ON EARTH but the Marcos’s stole billions from them. The rewriting of history there is truly breathtaking.. My dream is to build a massive school in my family’s province And to build a huge greenhouse to farm the land and create a strong yeald for exporting so the profits can go towards roads, bridges, education and any infrastructure needs. So it starts a chain reaction for the rest of the country to follow. But I can’t do it on my own. And I don’t want to get assassinated.. I need a master plan Wish me luck 🍀
@@dragonoftheeast695 please don't go to the Philippines. I beg you. Just get those philiphino family of yours and exploit Australian soil not Philippines.
Philippines growth must be more than 6% annually due to its populous & young workforce, English is also a plus. Few years later, your population will be as same as Japan, no investor can skip that huge potential market. Vietnam hope to cooperate with Philippines in every aspects. Both of us mutualy benefit due to strong link in tourism exchange, investment, trading activities.
So, if you read the NEWS, are you well informed ? Do you believe everything you read? Why has the Peso lost its value? Why is everything more expensive now? Weak Peso or overpriced or both? Is it "inflation"? Who benefits and who loses? The rich or the poor? Which are you?
peso is weak because usd is strong, bakit? its because its the major currency, not just that because of war that is happening in other side of the world.. kya lumakas ang dollar dahil sa kaka print and distribute nila sa pera nila.. at marami bumibili ng mga kagamitang pandigma.. ang oil price tumataas because of this war, kya pati tyo naapektohan pero not as big as the other, dahil kahit papano kya naman ang inflation dahil hindi sobrang taas.. still prices natin dito eh hindi parin sobrang laki.. at hindi lang yan, marami sa mga filipino ngyon nakakabili compared nuon, isa din yan sa kuhanan ng inflation, if marami supply lesser ang price ng mga goods, if lesser supply mas mahal ang bilihin, question unang una may sarili ba tayo gas sa panahon ni dutae? wla, ngyon lang yan nagka project ng marami energy source like solar, nuclear ang option na syang gagawin or ang iba nagawa na ng gobyerno ni pbbm, agriculture wla tyo marami pagkain mostly inaangkat lang natin, kya nga binibigay ni pbbm ang mga lupa ng mga magsasaka at binibreak na nya kada pamilya para maka tulong sa production ng pagkain ng pinas. mag hintay ka dahil we are already there.
@@Eduardo-m2i you were the one fooling yourself xD if you think inflation is way too much grow your own food.. lmao!!! Then you are free to inflation, dont be silly and live with something you cannot afford.
@@randomviralvideos5110 Actually, I am not the one afraid of inflation. I have lived thru worse . I have a comfortable life. I am concerned for those less fortunate. I am just saying, do not believe everything you read or hear unless you are "gullible".
Not totally because of good fiscal management. As long as the country fights illegal drugs, illegal activities and money laundering, even Philippines will experience a lot of storms. It will be stable. Inflation is everywhere. We can't order local markets to lower their prices, but it can be monitored making sure they're not taking advantage.
Pag ordinaryong employee na sumasahod hindi mo pa yan mararamdaman, pero kong negosyante ka sigurado mararamdaman mo yan kahit na belong ka lang sa SME.
Question? How and in which way is the economy growing with high inflation and continuous decline in the Peso. Do not fool yourself or allow others to fool you ..
If you watch news and read news and articles published by local and international media platforms, you can see the Philippines economy is growing and somehow the fastest growing economy compare to majority of the nations. Even though there is inflation, corruption, natural calamities but still the us people and the government managed to make our country more develop economically.
@@josephp5005 " people who do not read the News are uninformed." "People who do read the News are misinformed" In other words do not believe what you hear or read. See and observe for yourself. Do not be fooled.
Only the GDP growth but the value of peso against the dollar and other currencies is very bad with inflation affecting the standard of living of poor Filipinos more below middle income group rather than upper middle income 😢
Mr President using strategy Full Force Federal Finance Management Flat Formations to Budgeting the Growing Economy 2022 + 2028 + 2030 Rice. P30.00 ELECTRIC Bill P500.00
@iancesar-cp7nz Most Filipinos go to the cockpit coliseum everyday for gambling an average factory employs only 100-500 persons 1000-2000 go to cock fighting arena to gamble gambling is not employment it's recreation that's why most Filipinos don't have jobs they depend on remittance from OFWs and gambling for their everyday expenses
If it is to true then only the country economy is booming but most of the every filipino or most every filipino economy is getting worst at its below poverty level status
Its not tech manufacturing...its the energy sector.cost of energy is so damn high it doesnt make sense to start up a manufacturing hub here unless youre heavily inventized
I just came from the Philippines last week and inflation is bad. The Philippines is not doing as well as this video is saying. Normal philipino people are struggling to survive and it shows.
@@scorpio_butuan corruption is the real poison in the Philippines 🇵🇭 Every country has natural disasters. Typhoons are bad for sure And it’s unfortunate. But because the Philippine government doesn’t spend money in better roads, bridges, buildings , strong power grid, safe drinking water. They always have to restart everytime the a typhoon or earthquake occur.. My heart cries for the beautiful Philippino people in the provinces… 😢😭🇵🇭🇵🇭🇵🇭🇵🇭 God bless the Philippines May the future be bright for ALL PHILIPPINOS ❕
Economy is not everything. Unemployment rate is still increasing while inflation is getting worse. And those that ARE employed are underpaid and overworked as hell - which is one of the main reasons why a lot of professionals and skilled people leave the country to work abroad. Even if the data shows the economy is doing great, without any significant impact on the regular Filipino's life, it's not going to mean anything. Source: Pinoy ako.
Just shows how inaccurate the things you’ve said are because when you talk about inflation it has been on a downward trend hence the easing of interest rates by the bsp while the unemployment have also been on a decline tho under employment has increased(people who needs more jobs to meet the needed budget) while I do agree that filipinos are underpaid and overworked depending on the sector I totally disagree that the economy figures is just nonsense as economic growth takes decades for it to be felt by an ordinary filipinos nevertheless if may tyaga kalang talaga nowadays eh makakatrabaho ka because madaming namumuhanan sa bansa na negosyo and it’s a domino effect up until pre dominant na ang society sa middle class so pls educate yourself before ka mag reklamo kasi by the looks of it you are just a typical dds na reklamo ng reklamo puro naman mali at walang katotohanan halatang clueless
Just sayin' all this growth doesn't matter if it doesn't trickle down to the common Filipino. Not to mention PHP's weakening purchasing power, impossibly heavy road traffic due to slow infrastructure development, an almost non-existent health care are only few of the problems the average Filipino has long struggle with.
it's frustrating to see the philippine government continuously boast about economic growth when in reality it is nothing great as they may seem to portray despite positive gdp growth rates, the reality is grim for many. income inequality remains a glaring issue, with the top 1% holding 44.1% of the country's wealth while half the population struggles with just 8.4%. world inequality database public debt, now at 63.5% of gdp, limits investments in crucial services and infrastructure, which is already subpar-ranking 77th globally in quality. philippine statistics authority, world economic forum corruption only worsens the situation, with a score of 34/100 on the corruption perception index, deterring investment and wasting resources. transparency international poverty, though decreasing, still affects 15.5% of filipinos, and the country lags in both the human development index and foreign investments compared to its neighbors these systemic issues demand serious action yet the philippine government not only fails to take action but also fails it repeatedly while try to gloat and hide, not just rhetoric about growth
Silly opinion. Only a fool thinks no serious action is being taken and a bigger fool still to think a high corruption perception and a 65% public debt is somehow a refutation of robust economic performance.
Empty activism like yours deserve no merit. Pray tell, what must we do if, as you say, nothing is being done? And if nothing is being done, then how do you explain all the economic development? That Filipinos are very lucky to reap what they didn't sow? If you think nothing is being done, that's probably because you're not looking closely. You can't even cite a single law! So many key reforms are being passed, and it's benefits are clearly being felt.
you're literally the kind of people the narrator mentioned at the start of the video LOL Get a life edgelord, we already knew the things you're saying but the thing is that in this post, we are talking about the good things. There's a place for your stupid activism and this is not the right place.
Marcos and Eli Remolona are good in fiscal management??????? A person who spend a lot of money during election and the other one who acts like a dictator at the BSP. Give me a break..
why not try to watch some of their videos? I'm not really knowledgeable about economics but I think it's pretty reliable because they're not claiming things without data to back it up. Also, don't be like stupid a Peenoi like most of the people in the comment section. I mean the video is talking about the positive thing like the economic growth and yet this stupid uneducated peenoise talking about negative things that is unrelated to the topic LOL
I'm tired of the GDP as yardstick. You know, if we’re looking for better ways to measure progress beyond GDP, there are some really interesting options out there. Take the Human Development Index, for instance. It doesn’t just stop at economic stuff like GNI per capita-it also factors in things like how long people live and their education levels. It’s a much broader take on what human development really means. Then there’s the Social Progress Index, which is kind of refreshing because it skips the economic indicators entirely. Instead, it focuses on things like whether people have access to basic needs, how well they’re doing in terms of overall well-being, and whether they have opportunities to grow and thrive. It’s really about the social and environmental side of progress. And, of course, there’s the Gross National Happiness, which Bhutan came up with. This one is super unique-it’s all about measuring happiness through factors like mental well-being, health, education, and even how much the culture and environment are being preserved. It’s such a thoughtful way to look at a country’s success. These approaches make you realize there’s so much more to life than just economic output or the GDP, don't they? I'll believe you when you consider HDI, SPI and GNH instead of GDP.
To those that did not understand his post, I'll make it simple. This video discusses about tekken, but this dude who think he's smart, wants to talk about streetfighter, mortal kombat, and db sparking zero. Same genre but different fighting games. You're welcome.
it's a double edge. what OFW we called are good high qualities skill workers that can supposed to boost our economic more. our country is experiencing brain drain already.india doesn't support much of their overseas worker but they send out their people overseas to study. thailand is doing that since late 80s @@josephgarcia2542
@@MarieGC-cs3os the world was hit by the pandemic. Do not single out our country. We stood tall as a Filipino but the government handled it poorly. Facts.
not just duterte. it started since arroyo, aquino term duterte and marcos continue the same economic focus policies. no matter how negative we may feel to some of them at least they did their job in economic side. however they aren't perfect but they are better than ERAP lol. i didn't vote for marcos but im glad his doing his job if we are talking about needed investment. he double down and continue the legacy of his predecessor. so im not pessimistic about PH future. I hope next president after marcos will continue the same policy on investing heavily on our economic development.
Fake news inflation are as bad as for housing markets condos are the ones keeping the growth but with 70,000 plus upward to 200,000 vacancies in the metro alone condo units a studio type costing upward to £1000 and up to rent is ridiculous. Prices for these units are in the tens of thousands of philipenis peso. And dont talk about taking loans it would take forever with the ridiculous amount of paperworks. 92-95% of the population lives in shantytown even outranking the Brazilian Shantytown. Consider as the biggest shantytown in the world. They have woerld class bitches but look closely how to gat there the transport system small ferries small airport and a bunch of outdated rusted tuktuks. The growth is mainly due to one the remittance from overseas. Also the non stop construction. Tourrist arrivals are mediocre. Most overseas filipinos are also counted as tourist thats why its a cheat code. Housing are much expensive than thailand vietnam malaysia indonesia and even singapore can have a much better housing price compare to philipenis. Infrastructure forget it. Poor infrastructure poor people equals to shantytown capital.
Not totally because of good fiscal management. As long as the country fights illegal drugs, illegal activities and money laundering, even Philippines will experience a lot of storms. It will be stable. Inflation is everywhere. We can't order local markets to lower their prices, but it can be monitored making sure they're not taking advantage.
Philippines economy is doing great because Philippines economy has strong fundamental because manufacturing Exports & modern services industries ( BPO, IT, International Call Center) are combined workforce in Philippines, that's the sharp edge of Philippines over Thailand & All South East Asian Countries
So many typical Pinoy crabs here. We come from an extremely poor state of poverty from eating talbos ng kamote with knorr seasoning to become an upper middle class.
That is because of the growing economy accompanied by our hard work. Without a good economy this will not be possible. Ung hindi umaangat ay ung puro reklamo at sisi sa gobyerno at mga tamad.
this is not crab mentality though? crab mentality is that you bring someone who is succeeding down.
this is more like a mixture of pessimism and doubts for possible filipino cloutchasers and expectations of what is happening IRL. while services are accessible,. prices have been all-time high.
True kailangan magsipag wag puro reklamo
@@pingmeup-kk5ns The data presented in this video can be directly verified through the IMF, and the numbers are clear: the economy is growing rapidly.
Poverty won't disappear overnight, and high inflation is a global issue and not confine to PH. However, rather than dwelling on pessimism, we should take heart in the progress our country is making.
The ngaw ngawers are actually part of the problem. Ang gusto instant singapore agad and if not sisigaw ng "asan and pagbabago?" as if poverty can be fixed overnight. Nation building is not like managing a restaurant. The country is grappling with problems of high magnitude; these issues won't be resolved with the flick of a switch.
@@DarleneGeromiano-yl5ox Yes. Filipinos sees good news about the country but they are the one who are quick to disparage it.
This is not crab mentality. Problema kase, kahit anong growth ng GDP natin, hindi naman ramdam ng kababayan kasi malaki ang inequality between poor and rich. Sabihin na lang natin 5% ang growth natin etong quarter, sa 5% na yan, mga 80% ang punta lang dyan sa upper class, the rest pupunta lang sa lower class. Kaya nga may kasabihan rich becomes richer and poor becomes poorer. Maraming factor bakit ganito tayo at hindi lahat isisisi sa gobyerno
Change starts when people start to unite and be more hopeful for the future of the Philippines! Let's not question the stats because its true that we are slowly improving but we really need to change our mindset. Also I think people should gather together and clean up the slums and slowly the quality of the air and water will be better and the rest will follow. It will make such a big difference! Philippines is such a beautiful country and I'm very much hopeful and excited to see the future of Philippines. One day Philippines will see its glory like it once was. Mabuhay ang Pilipinas 🇵🇭✨
Strong economy despite of corruption and natural calamities like typhoons in the Philippines, God bless Philippines.
iamagine kung walang corruption at typhoons or lesser.
@noe.arboleda Mas maunlad pa sana ang Pilipinas kung wala ang mga problemang yan.
Still 3rd world country
@@jimboola3648still econonyn is better than other now cry jealouse cry😂😂😂
@@noe.arboleda kong walang corruption wala ng governo? do you like it?
Corruption is evil, politician is evil!😢😢😢
It's great to see The Philippines doing so well. I have noticed for quite some time, that there is a lot of business growth and investment going on here.
Influx of investors in the country is a sign of confidence and growing economy. Look at the skyscrapers in Manila and other city is a big difference than 15 years ago. People who criticized need to read and research the growth of this Country.
@@DeborahOlson-r2n I can't say much in other parts of the country except ncr part.mostly who invest a lot in the provinces these days are known business since 80's or 90's
Skyscrapers in Manila??
That’s your measure of growth?? Seriously???
I have travelled and lived all over the country
Iv been visiting the Philippines for 30years.
The gap between the rich and the poor has only gotten bigger and bigger over the years.
Millions of people in the provinces still have no clean drinking water.
Power outages EVERYDAY.
Poor education opportunities..
Crumbling roads
Corruption is a sport in the Philippines.
There has been absolutely no growth for the beautiful Philippino people in the provinces..
My heart cries for them …
My dream is to see the Philippino people around the world 🌎 come back home to the country and STAMP OUT THE POLITICAL CLASS AND TAKE BACK THE MONEY THEY STOLE FROM THE PEOPLE. AND GIVE IT BACK TO THEM IN THE FORM OF INFRASTRUCTURE AND SERVICES.
Only then will the Philippines truly grow
Don’t get me wrong not every politician is corrupt in the Philippines
But the good ones are too scared to change anything meaningful because they will get assassinated.
Good bless the Philippines and it’s wonderful citizens
🇵🇭🇵🇭🇵🇭🇵🇭🇵🇭🇵🇭🇵🇭🇵🇭
@@dragonoftheeast695 dang it you hit them hard in your comment.👏
@@SamuKhan-e9w I don’t want to sound like a downer.
But it’s only when my Philippino family visit me in Australia do they truly understand how much the political class has let them down.
They find it absolutely amazing that they can drink the water from the tap here.
They are blown away that we don’t have power outages. They find it incredible how clean everything is here.
I keep reminding them that the Philippines could be PARADISE ON EARTH but the Marcos’s stole billions from them.
The rewriting of history there is truly breathtaking..
My dream is to build a massive school in my family’s province
And to build a huge greenhouse to farm the land and create a strong yeald for exporting so the profits can go towards roads, bridges, education and any infrastructure needs.
So it starts a chain reaction for the rest of the country to follow.
But I can’t do it on my own.
And I don’t want to get assassinated..
I need a master plan
Wish me luck 🍀
@@dragonoftheeast695 please don't go to the Philippines. I beg you. Just get those philiphino family of yours and exploit Australian soil not Philippines.
Binubuhay talaga bansa natin ng mga bpo industry at mga ofw remitances. Kaya dapat talaga palakasin ang suporta ng gobyerno sa mga yan.
I really wish news media lik TV patrol and Saksi would explain it this way
They don't have the brains to do that.
They specialize in stupid telenovelas and braindead game shows.
Their news segments are tolerable, tho. 😬😬😬
Props to gloria for boosting the bpo industry in her administration and managing the economy well.
manifesting... Philippines to be better, richer, more improvements
Yup very strong OFW in the world money keep coming in" that benefit most of the government shortness of jobs😢😢😢
Great job!
Just lagging behind it's neighbors in prosperity. Only the rich get richer.
Philippines growth must be more than 6% annually due to its populous & young workforce, English is also a plus. Few years later, your population will be as same as Japan, no investor can skip that huge potential market.
Vietnam hope to cooperate with Philippines in every aspects. Both of us mutualy benefit due to strong link in tourism exchange, investment, trading activities.
🇵🇭 birthrate already dropped to below replacement levels in the last 5 years
Congrats Philipines Ecomony Growth.
So, if you read the NEWS, are you well informed ? Do you believe everything you read? Why has the Peso lost its value? Why is everything more expensive now? Weak Peso or overpriced or both? Is it "inflation"? Who benefits and who loses? The rich or the poor? Which are you?
peso is weak because usd is strong, bakit? its because its the major currency, not just that because of war that is happening in other side of the world.. kya lumakas ang dollar dahil sa kaka print and distribute nila sa pera nila.. at marami bumibili ng mga kagamitang pandigma.. ang oil price tumataas because of this war, kya pati tyo naapektohan pero not as big as the other, dahil kahit papano kya naman ang inflation dahil hindi sobrang taas.. still prices natin dito eh hindi parin sobrang laki.. at hindi lang yan, marami sa mga filipino ngyon nakakabili compared nuon, isa din yan sa kuhanan ng inflation, if marami supply lesser ang price ng mga goods, if lesser supply mas mahal ang bilihin, question unang una may sarili ba tayo gas sa panahon ni dutae? wla, ngyon lang yan nagka project ng marami energy source like solar, nuclear ang option na syang gagawin or ang iba nagawa na ng gobyerno ni pbbm, agriculture wla tyo marami pagkain mostly inaangkat lang natin, kya nga binibigay ni pbbm ang mga lupa ng mga magsasaka at binibreak na nya kada pamilya para maka tulong sa production ng pagkain ng pinas. mag hintay ka dahil we are already there.
@@randomviralvideos5110 Live and learn, my friend. You are only fooling yourself.
@@Eduardo-m2i you were the one fooling yourself xD if you think inflation is way too much grow your own food.. lmao!!! Then you are free to inflation, dont be silly and live with something you cannot afford.
@@randomviralvideos5110 Actually, I am not the one afraid of inflation. I have lived thru worse . I have a comfortable life. I am concerned for those less fortunate. I am just saying, do not believe everything you read or hear unless you are "gullible".
good thought n answer weldone bro hit bulls eye
Thanks for investors, BPO, tourism and OFWs..
Congratulations to BBM
Not totally because of good fiscal management. As long as the country fights illegal drugs, illegal activities and money laundering, even Philippines will experience a lot of storms. It will be stable. Inflation is everywhere. We can't order local markets to lower their prices, but it can be monitored making sure they're not taking advantage.
Mabuhay Philippines!🇵🇭
Pag ordinaryong employee na sumasahod hindi mo pa yan mararamdaman, pero kong negosyante ka sigurado mararamdaman mo yan kahit na belong ka lang sa SME.
I don’t think so why the peso against dollars is performing bad
Because, as another video suggested, we are "aggressively mid"
AHAHAH kay economics explained
Totoo nmn eh
Its because of the GREAT President...❤❤❤
Prices needs to be justifiable, peace and order attracts investors making sure they will gain profit by investing here.
Its a good thing insurgency is at an all time low now unlike previous decades
Question? How and in which way is the economy growing with high inflation and continuous decline in the Peso. Do not fool yourself or allow others to fool you ..
If you watch news and read news and articles published by local and international media platforms, you can see the Philippines economy is growing and somehow the fastest growing economy compare to majority of the nations. Even though there is inflation, corruption, natural calamities but still the us people and the government managed to make our country more develop economically.
@@josephp5005 " people who do not read the News are uninformed." "People who do read the News are misinformed" In other words do not believe what you hear or read. See and observe for yourself. Do not be fooled.
@@josephp5005 Have you ever heard of "Misinformation"? "Propaganda"? "FAKE NEWS".
@@josephp5005 Do not believe everything you read or hear. Don't be "GULLIBLE".
there is saying you just need one con leader to find its first fool lol rest becomes a business
The projection and statistics often show robust growth in the economy but these are just mere numbers. 😢
we have widening trade deficit.
The reason is we have a respected, hardworking , and smart PBBM admin.
Only the GDP growth but the value of peso against the dollar and other currencies is very bad with inflation affecting the standard of living of poor Filipinos more below middle income group rather than upper middle income 😢
BPO/OFW means.. the rest of the world is exploiting the little pay as filipinos endure it with dedication.
Only in your dreams.
May data na nga... ayaw pa maniwala 😄 ob ob ka ba?
cry jelouse cry😂😂
eto yung mga walang bilib sa sariling bansa,at na gusto isusubo na lang yung kanin sakanila
Peso exchange rate, Nov 2023 was 55.55. Now Nov 2024 it is 59.06 .. Is this "inflation" or not?
From slaves to kings, the Philippines is rising and will be like Israel in the time of King Solomon.
Minimum wage in the Philippines is 500 a day & while the meal cost in McDonald's 700
😂 whoever the hell ordered 700 in Mcdo must be starving😂
@@dahonnohab7504lmao
So wag feeling mayaman
they operate on cash. so people are liquid. in US people live on credit only
Mr President using strategy Full Force Federal Finance Management Flat Formations to Budgeting the Growing Economy 2022 + 2028 + 2030 Rice. P30.00 ELECTRIC Bill P500.00
Good for Corrupt Politicians in Philippines more Income Money😂
Phil is
1:32 many Crocs in one picture 😂
Must b a PBBM thing
59 pesos na po ang 1 dollar!!! is that strong economy?
That's favorable to the semiconductor industry and other exporters
It's only because of the OFWs and the Filipino immigrants kept on sending money backhome most Pilipino do not have jobs 😢😢😢
nope try harder so you could convince someone😂😂
@iancesar-cp7nz Most Filipinos go to the cockpit coliseum everyday for gambling an average factory employs only 100-500 persons 1000-2000 go to cock fighting arena to gamble gambling is not employment it's recreation that's why most Filipinos don't have jobs they depend on remittance from OFWs and gambling for their everyday expenses
@@iancesar-cp7nzOFW remittance is the backbone of the Philippines economy.
This the truth ofw are highest outside phillipines work force this mad man is eating into foriegn exchanges rate that ofw send back home
Strong Economic growth!?
JOKE
Why?
If it is to true then only the country economy is booming but most of the every filipino or most every filipino economy is getting worst at its below poverty level status
How come..😅
The only two problems that this coutry have are failure to catch-up in terms oftech manufacturing and population
Its not tech manufacturing...its the energy sector.cost of energy is so damn high it doesnt make sense to start up a manufacturing hub here unless youre heavily inventized
@@keianpena9635even if you manage to lower power rates salaries are still higher than in Vietnam 🇻🇳
@@alice_agogo thats true, in which case the battle will be labor force skills and business incentives by the govt
prices of commodities gone down? nope. Oil price? nope. Electricity price? nope. Everything else? nope.
You cant fool everyone.
I just came from the Philippines last week and inflation is bad. The Philippines is not doing as well as this video is saying. Normal philipino people are struggling to survive and it shows.
Other countries had it worse if Pandemic and Ukraine war didn't start, if it wasn't for those. The Philippines will have a smoother run
Where are you from? Republic of Mindanao?
Nuh uh
@@Taurus8644 cult from davao run by lord of all drugord d30 🤣🤣
Fake. Inflation is under control now and within target levels.
We are still struggling because of the natural disaster..typhoon, etc.
Cant really do anything about it except damage mitigation. A lot of countries just dont understand the struggle of having to brace for a storm monthly
@@scorpio_butuan corruption is the real poison in the Philippines 🇵🇭
Every country has natural disasters.
Typhoons are bad for sure
And it’s unfortunate.
But because the Philippine government doesn’t spend money in better roads, bridges, buildings , strong power grid, safe drinking water.
They always have to restart everytime the a typhoon or earthquake occur..
My heart cries for the beautiful Philippino people in the provinces…
😢😭🇵🇭🇵🇭🇵🇭🇵🇭
God bless the Philippines
May the future be bright for
ALL PHILIPPINOS ❕
Because of us millions Filipinos who work in other countries and send money back home, this is misleading.
Economy is not everything. Unemployment rate is still increasing while inflation is getting worse. And those that ARE employed are underpaid and overworked as hell - which is one of the main reasons why a lot of professionals and skilled people leave the country to work abroad.
Even if the data shows the economy is doing great, without any significant impact on the regular Filipino's life, it's not going to mean anything.
Source: Pinoy ako.
Just shows how inaccurate the things you’ve said are because when you talk about inflation it has been on a downward trend hence the easing of interest rates by the bsp while the unemployment have also been on a decline tho under employment has increased(people who needs more jobs to meet the needed budget) while I do agree that filipinos are underpaid and overworked depending on the sector I totally disagree that the economy figures is just nonsense as economic growth takes decades for it to be felt by an ordinary filipinos nevertheless if may tyaga kalang talaga nowadays eh makakatrabaho ka because madaming namumuhanan sa bansa na negosyo and it’s a domino effect up until pre dominant na ang society sa middle class so pls educate yourself before ka mag reklamo kasi by the looks of it you are just a typical dds na reklamo ng reklamo puro naman mali at walang katotohanan halatang clueless
Haters gonna hate and troll 😅
only for rich people and data.. but not on real life for common to poor people. duh!
Answers and Philippines casino pogcor the future updates and love world and Philippines ❤❤❤ Amen good bless for all Amen love you Philippines
is this accurate? real estate market is really suffering （Makati)
said by who? you? then its invalid try again😂😂
@@iancesar-cp7nz are you a troll or a unit owner in makati?
@@tsciproperties7619 so? keep crying🤮🤣
Just sayin' all this growth doesn't matter if it doesn't trickle down to the common Filipino. Not to mention PHP's weakening purchasing power, impossibly heavy road traffic due to slow infrastructure development, an almost non-existent health care are only few of the problems the average Filipino has long struggle with.
In our dream we are doing great 😂😂😂 we are soo poor
Duterte admin 👌🏻
it's frustrating to see the philippine government continuously boast about economic growth when in reality it is nothing great as they may seem to portray
despite positive gdp growth rates, the reality is grim for many. income inequality remains a glaring issue, with the top 1% holding 44.1% of the country's wealth while half the population struggles with just 8.4%. world inequality database
public debt, now at 63.5% of gdp, limits investments in crucial services and infrastructure, which is already subpar-ranking 77th globally in quality. philippine statistics authority, world economic forum
corruption only worsens the situation, with a score of 34/100 on the corruption perception index, deterring investment and wasting resources. transparency international
poverty, though decreasing, still affects 15.5% of filipinos, and the country lags in both the human development index and foreign investments compared to its neighbors
these systemic issues demand serious action yet the philippine government not only fails to take action but also fails it repeatedly while try to gloat and hide, not just rhetoric about growth
Silly opinion. Only a fool thinks no serious action is being taken and a bigger fool still to think a high corruption perception and a 65% public debt is somehow a refutation of robust economic performance.
Empty activism like yours deserve no merit. Pray tell, what must we do if, as you say, nothing is being done? And if nothing is being done, then how do you explain all the economic development? That Filipinos are very lucky to reap what they didn't sow?
If you think nothing is being done, that's probably because you're not looking closely. You can't even cite a single law! So many key reforms are being passed, and it's benefits are clearly being felt.
you're literally the kind of people the narrator mentioned at the start of the video LOL
Get a life edgelord, we already knew the things you're saying but the thing is that in this post, we are talking about the good things. There's a place for your stupid activism and this is not the right place.
Bulag ka ata par. Mag move on ka na kung natalo kandidato mo noong eleksyon. Nasasaktan ka lang na lumalago ekonomiya sa panahon ni bbm!
The philippine economy is actually very robust. Go to the malls and market hubs and see that the economy is good
Another Best in Propaganda in the making, like Rice @ 20.
But Gotten worst @ 50 and now at 60- 200 pesos!
Strong curruption what I see😂
Marcos and Eli Remolona are good in fiscal management??????? A person who spend a lot of money during election and the other one who acts like a dictator at the BSP. Give me a break..
Strong economy is nothing when Filipinos never get the benefit of it..
Huh???😂😂😂
Show the documents that GDP is up lol
Baiting as always
GDP grew because of online shopping...
yes its doing great the usdollar is almost 60 haha thanks pbbm
fake video
sell the gold reserve pa more haha
There is saying you need to find a con leader he will find his first fool n it becomes a business lol
Hahaha propaganda. Philippine economy is so bad we have 3-5 years worth of UNSOLD real estate inventory
That’s not how you gauge it.
Is this channel reliable or biased/propaganda? Asking to double check
why not try to watch some of their videos? I'm not really knowledgeable about economics but I think it's pretty reliable because they're not claiming things without data to back it up.
Also, don't be like stupid a Peenoi like most of the people in the comment section. I mean the video is talking about the positive thing like the economic growth and yet this stupid uneducated peenoise talking about negative things that is unrelated to the topic LOL
So all accusations against BBM are not true .
Click bait
Too many economists in the comment section! 😂
cope
hahaha Strong economy?? is this a joke? a paid propaganda??
Why?
This is all political marketing. Philippines tourism is even worst than Cambodia. Fewer tourist came in 2024 vs 2019.
but has the highest domestic tourist
highest domestic tourism in the whole ASEAN at 38B USD
Mag research ka maigi manong. Para Hindi napapahiya
Show your evidence.
Samahan mo ng data yung sinasabi mo sir
build build build kurakot
paid by friends of duterte i suppose
I'm tired of the GDP as yardstick. You know, if we’re looking for better ways to measure progress beyond GDP, there are some really interesting options out there. Take the Human Development Index, for instance. It doesn’t just stop at economic stuff like GNI per capita-it also factors in things like how long people live and their education levels. It’s a much broader take on what human development really means.
Then there’s the Social Progress Index, which is kind of refreshing because it skips the economic indicators entirely. Instead, it focuses on things like whether people have access to basic needs, how well they’re doing in terms of overall well-being, and whether they have opportunities to grow and thrive. It’s really about the social and environmental side of progress.
And, of course, there’s the Gross National Happiness, which Bhutan came up with. This one is super unique-it’s all about measuring happiness through factors like mental well-being, health, education, and even how much the culture and environment are being preserved. It’s such a thoughtful way to look at a country’s success.
These approaches make you realize there’s so much more to life than just economic output or the GDP, don't they? I'll believe you when you consider HDI, SPI and GNH instead of GDP.
To those that did not understand his post, I'll make it simple.
This video discusses about tekken, but this dude who think he's smart, wants to talk about streetfighter, mortal kombat, and db sparking zero. Same genre but different fighting games.
You're welcome.
@@jay00721he lost me at gross national Happiness
Gawa yata to pinoy youtuber😂
Frank. That is not true under Marcos regime
I don't agree with this!
Fake news
President PNoy Aquino had the best economics policies so far that inflation was low. This current admin and Duterte’s were the worse ever.
Is this propaganda or clickbait for pinoys because the Philippines isnt really doing any better lmao.
BPO earnings and OFW remittances are actually signs that the economy is bad. Please don't present negatives as positives.
BPO and OFW is also a blessing, other Asian countries have OFW also, Thailand, Burma, Cambodia and India
it's a double edge. what OFW we called are good high qualities skill workers that can supposed to boost our economic more. our country is experiencing brain drain already.india doesn't support much of their overseas worker but they send out their people overseas to study. thailand is doing that since late 80s @@josephgarcia2542
@@josephgarcia2542those countries other than India 🇮🇳 have very few ofws
Yup, we sucked in 2020 because of our President that time.
You are wrong, We are getting sucked now with Gold 25 tonnes sold. And yet PESO ALL TIME LOW @ 60 vs Dollar
@MarieGC-cs3os in 2020 our GDP was down by 9.5%, we are no.165 out of 195 countries in terms of GDP growth thanks to Duterte.
@lloydlazaro6567 nah Look in 2020 was Real Pandemic! And the Phillipines stood Tall. But now, Going back to Estrada time if not worst!
@@MarieGC-cs3os the world was hit by the pandemic. Do not single out our country. We stood tall as a Filipino but the government handled it poorly. Facts.
Tatak Duterte!
mukha mong tatak duterte. lumubog ng malala sa utang ang pilipinas dahil jan sa amo mo.
tatak duterte lumubog ang pilipinas sa utang
not just duterte. it started since arroyo, aquino term duterte and marcos continue the same economic focus policies. no matter how negative we may feel to some of them at least they did their job in economic side. however they aren't perfect but they are better than ERAP lol. i didn't vote for marcos but im glad his doing his job if we are talking about needed investment. he double down and continue the legacy of his predecessor. so im not pessimistic about PH future. I hope next president after marcos will continue the same policy on investing heavily on our economic development.
@@iceteazen agree bro
Ikaw tatak talanka😂
only in paper
Weh???? Du30 talaga???
liar ...philippines is fractured,president do nothing with the problem,,bullshit news😂
Fake news inflation are as bad as for housing markets condos are the ones keeping the growth but with 70,000 plus upward to 200,000 vacancies in the metro alone condo units a studio type costing upward to £1000 and up to rent is ridiculous. Prices for these units are in the tens of thousands of philipenis peso. And dont talk about taking loans it would take forever with the ridiculous amount of paperworks. 92-95% of the population lives in shantytown even outranking the Brazilian Shantytown. Consider as the biggest shantytown in the world. They have woerld class bitches but look closely how to gat there the transport system small ferries small airport and a bunch of outdated rusted tuktuks. The growth is mainly due to one the remittance from overseas. Also the non stop construction. Tourrist arrivals are mediocre. Most overseas filipinos are also counted as tourist thats why its a cheat code. Housing are much expensive than thailand vietnam malaysia indonesia and even singapore can have a much better housing price compare to philipenis. Infrastructure forget it. Poor infrastructure poor people equals to shantytown capital.
Doing very well! Ha ha ha under marcoses ; our economy will collapse!
Not totally because of good fiscal management. As long as the country fights illegal drugs, illegal activities and money laundering, even Philippines will experience a lot of storms. It will be stable. Inflation is everywhere. We can't order local markets to lower their prices, but it can be monitored making sure they're not taking advantage.