The Optimistic Growth Of The Philippines Economy
ฝัง
- เผยแพร่เมื่อ 11 ก.ค. 2024
- The Philippines has a unique economy, that grows in the face of uncertainty.
Narrated by Tom McKay
Video Edited by iyanbriandi
Timestamp(s):
0:00 The Newly Industrialized Country
2:42 The Real Economic Growth
5:39 The Regulations
8:36 Demographics
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Indonesia always support our brother Philippines ❤️
We will rise together and make ASEAN become a strong economic region in the future.
Mabuhay pilipinas 🇵🇭 🇮🇩
The Philippines loves Indonesia and our Indonesian brothers and sisters ☺️🇵🇭🇮🇩 ASEAN TOGETHER STRONG 💪😎👌
Terima kasih. I felt that when I visited Jakarta, Surabaya and Bali. Cheers from Manila.
Our big brother Indonesia. Aku rindu.
@@ronnienestor I also love Philippines it's just same like Indonesia so beautiful country with many beautiful islands.
@@muchafdlolludin Philipina termasuk negara tetangga paling baik yang selalu membeli perindustrian transportasi dari Indonesia termasuk pesawat dan mobil
@@ronnienestor if you ever visit indonesia, then please tell your fellow, especially Pageant lover that majority of indonesian really don't care about pegeant. I think you can felt it by your self, It's different vibe 😂
We always Support Phillipine growth...warm regards from Indonesia 🙏
Thank u we truly appreciate it we also support Indonesia
We only clash on E-sports 😆
Thnx so much brother country
It wont and this is coming from a filipino.
I hope people from Metro Manila were as optimistic as you, because they always rally at any given opportunity. 😂
Love Philippines from Indonesia.
Thank you so much
Saya Philippine Mas.
Kamu Saya Cinta!
🇵🇭♥️🇮🇩
Love Indonesia from 🇵🇭❤
Thank you indonesia we our proud and greatful to you indonesian people your goverment yes it is trulely indeed that we are not brothers but family of ASEAN region what ever happens will support each other as our president ferdinand marcos says unity is the key to a healthy country and also a region of nation
❤️❤️ Philippines
I love Philippines 🇵🇭🙌
Love from Bangladesh 🇧🇩🇧🇩
Indonesia always suppor our fellow family🇮🇩❤️🇵🇭
I love our Indonesian brothers too and Im from the Philippines.
spread love 💕 🇵🇭🇮🇩
Thank youm brother
Philippines definitely has huge potential. Unfortunately it has too many entrenched monopolies that curtails competition and growth. This is why FDI rate are pretty low in the Philippines. In almost every economic sector there are 1-2 monopoly giants that completely dominate the sector. This is why the Philippines economy is hampered by the same few billionaires that owns almost everything.
Also Philippines is an archipelago, so it is not easy to develop a country with so much islands, Transportation of goods cost a lot
You are right
growth of fake news. . we are not late 10s anymore. . 20s is a dark age of filipino
They started as monsters after marcos conspired ouster.
Include also the CPP NPA NDF that constantly making our country put in bad light in international arena.
Welldone philipphine, as indonesian brother, i hope we can ruled the world economy together in the future
More power to ALL ASEAN COUNTRIES!!!❤❤❤greetings from US.
More power to US, from Philippines!!
support PH form VN go go PH 🥳
Thank you.
I believe that the Philippines can grow to be a strong country economically, military and others. they have a lot of potential .
lets recover together, recover stronger for ASEAN . full suport system from indonesia ❤
I think the Philippines is blessed and they will receive unlimitedly more blessings!
I strongly believe that the Philippines will prosper when the next generation takes over. They are more innovative and open-minded than the old businessmen and politicians.
fingers crossed
Hahaha yan din naisip ko, hanggang sa malukluk pgka mayor ang batch mate ko 😢😢 wala parin ngyari same parin sa father nya. 😅😅
Ang problema, karamihan sa mga kakaklase ko, nagasawahan na😆 sana hindi lahat
whatever it is, we all of ASEAN protect and help each other ASEAN loves peace
Philippines, like Vietnam has great potential for further growth. Coupled with an English speaking community, the country has yet to unleash its true strength. Its only drawback is their bureaucracy and little confidence in the government that is continually changing hands (fear that policies will change against foreign investors' favour). Otherwise, it can be a regional powerhouse.
that is why English should not be replaced as medium of instructions in higher schools...and in work
@@kimcarlos2959 They should go back to teaching English in kindergarten through the grade school, Junior High School, High School then College and teachers should not be allowed to mix dialect with English in the class rooms. Stop teaching locall vernacular in school... they already learn that and speak it at home. No one will hire Filipinos for their dialect or tagalog when seeking employment abroad.
Vietnam is completely different though because it's a one party state that can more easily bring in FDI and improve infrastructure. Investors have a lot more confidence in VN than PH. And Viets also tend to be more focused on education, there's a more skilled workforce. And it's not an island country, it has a huge coastline, its easy to move goods north to south than in PH
@@ahhhhhhhhhhhhhhhhhh123 Should probably label it correctly on the map location
This is by far the most informative video I've seen explaining our economic status What the PH lacks is a niche to fill. A signature product to export. But as shown in the video, instead of specific goods our government should invest and help the BPO industry so we can monopolize that service sector. Another service sector our government should try to tap on is shipping and logistics. With a worldwide supply chain problem and the downfall of Greek merchant fleet which dominated shipping of trade goods since the 70's, there's an open niche to be field. And PH is well suited to fill this niche cause we have a lot of skilled and experienced seamen and we are strategically located right in the middle of one of the world's bussiest trading routes while also being a gateway to asia from the pacific.
Yeah, we should absolutely invest more on maritime vessels because we're an archipelago. We need a more robust connection between islands, not just some few ferryboats. That way, we can have a single cultural identity and our people be unified more than ever.
@@Rex_Nichts spot on. We are an archipelago, plenty of shoreline with natural deep water ports and have a strategic position on the map. Add that to the fact that every cruiseline, trade ships and bunkers there's always gonna be a Filipino that's part of the crew why not create our own merchant fleet like Maersk and dominate int'l logistics. We have the ports and manpower, what's lacking is capita, lots of it. If I were the administration I would try to partner with SM and/or San Mig Corp to venture in shipping and logistics.
As the dominant provider of labor for the Maritime and Shipping Industries, its a good strategic move to invest in the development of shipping infrastructure, starting with small and medium size cargo, ferry and boats, then moving into global large ships for cargo and even building cruise ships. We cannot forever be the "slaves" to shipping. We should consider owning the ships.
@@michaelconstantinemiranda2352 9
Exactly
That only means Philippines is a promising nation with so much to tap for growth like tourism industry, manufacturing, FDI and natural resources once the problems are sorted out.
Not when oligarchs have monopoly on certain industries without competition. "Nationalism" has always been the excuse to corner the market. No wonder your utility bills are way higher than compared to Thailand for example. You, the Filipino consumers have to foot the bill for their greed. First, the setting up of reliable power grids are important. One of the infrastructure that is a must with airports, bridges and roads. Another is that your people has to be taught not to pollute your natural environment with trash all over. Old manila is dated and really not clean in many places with illegal vendors and residential areas forced to be located in one area. I saw the development plans from way back and nothing has been followed. Eco-tourism is a good money maker for ordinary Filipinos if your people learn to clean up their litter, remove graffiti and illegal shanties which clogged up waterways they used as sewage. Forced these migrants to return to their provinces. I have seen videos where the countryside are sometimes littered with plastic bags, bottles and baby pads. Your country is blessed with one of the better natural environment. Make use of it in a better way.
@@uriahthehittite2309 I agree with you but not in art, graffiti is one of the first creative activities in the streets of cities even in the acient times they do graffiti to express their history.
thanks for your opinion, i learned a lot.
@@spiritualwonderboy_ Graffiti is not art. It is a crime. Defacement of public property. Yeah, in ancient Rome there were etched graffiti in stone but they were not meant to be artistic. It was propaganda views and mostly the plebeian venting their grievance in public.There were no mass communication back then. But no, its not art. Graffiti came about during the 80's and late 70's from the american thug culture in the ghettoes which were commercialised later. Tagging is not art. I see it in Europe and it is horrible. They ruin legacy architecture and they pretend its art. Sorry to say that it is not art because it is american thug culture prettied up into the popular culture and then exported out of here. Some people made money out of this trash. Art uplifts human beings with what is beautiful and makes order out of this chaotic world. But then again the baser instincts can always be exploited by greed.They always do. Keep your country clean and progressive economically but be traditional.There is a reason why Singapore punished vandals severely.
the economic growth is attributed to the Build Build Build infrastructure program.
Where they have from my own observation torn up and re asphalted he entirety of sucat hwy all the way to lawton 3 times in 5 years.
The growth is a mirage while the oligopoly I that own those construction companies get fat.
Corruption and illegal drugs are one of the main obstructions for growth. . .🇵🇭🇵🇭🇵🇭🙏🙏🙏
This is an excellent, very analytical obsevation and well researched comparison between the 4 new Tiger Economies in ASEAN😊👏👏👏.
With our new President Ferdinand R. Marcos, Jr. (PBBM) now concentrating on economic recovery program e.g. energy generation including oil, natural gas and deuterium exploration; opening & liberalizing further the foreign direct investments and modernizing the Agricultural sector, the Philippines will for sure be one the best performing economies in Asia and the rest of the world by the year 2030!
This will coincide with the completion of the many on-going mega projects by the goverment all over the country and by the private sectors e.g. New Manila International Airport in Bulacan and the Sangley International Airport in Cavite.
This is only the first time in our history that all the top 500 CEOs in the Philippines have volunteered to help PBBM in his quest for unprecedented economic growth😍!!
Mabuhay and GOD Bless the Philippines🙏🌈✈️🚁🛰🛳🚢🚀🇵🇭!!!
I think the most important thing that we should be taking a look at is the restrictions in the constitution in relation with foreign investors. aside from being unattractive to foreign investors, this only created monopolies and incompetence in the economy. we need to open our economy up more to be able to ooen other potential possibilities on how to improve
Yes, that's right, foreign investors are one of the keys to helping improve a country's economy, establishing more cooperation with other countries that are mutually beneficial in all industrial sectors is a good thing.
You are definitely right. Political corruption, monopolies, incompetence all of these plus the high cost of energy. All these factors deters economic progress for the nation. The Philippines have a long way to go before it would be considered an economic tiger.
MAKE THE PHILIPPINES GREAT AGAIN 🧡
Philippines have so much potential in every aspects. It's just that the government is ot really thinking of the good of the country but only thinks the good of their families.
The other day I departed NAIA after laying over en route to Bangkok. After its initial climb out the plane did a 90 degree turn to the west. I was sitting on the left side and the view was quite impressive. I didn't realize how big and sprawling Metro Manila is and the forest of office towers resembles Sao Paulo.
the highrise of sao paolo is obviously dense compare to Manila but, when it come to SKYSCRAPERS 160M above buildings definitely MANILA is above over sao paolo, i think sao paulo has few skyscrapers of less than 15 While MANILA It rank 10th in the world for numbers of Skyscrapers with the total of 160+ where 50 are stands 200m+. sao paolo has highrise but below 100 meters height.
ALSO MANILA IS WAY MORE MODERN, clean AND ADVANCE THAN Sao paulo.
Next time, why don't you stay for a few days in the Philippines. You'll be amazed.
More blessings and power to the Philippines!
I think the potential of the Philippine economy will be bigger if the labour force will be distributed in the 3 major islands not only in Luzon
WFH is actually a solution for that. Every company can outsource talents from Luzon to Mindanao, the government should consider making a 70-30% ratio permanently. Imagine BPO companies hiring from Luzon to Mindanao virtually, that would be awesome.
Yep you are right office and BPO works can be done at home. But how about the people who work in food manufacturing, textiles etc.? Luzon will be overcrowded if all the industrial sectors will not be distributed
It is already happening in the last few years. Financial districts have sprung up in major cities like Cebu and Davao, among others; also huge malls that were only built in Metro-Manila before.
@@s.t.santos5928 then good to know thanks for the information
The labor force are already distributed. Mainly you mean Investment.
ALWAYS LOVE PHILIPPINES 🇵🇭💜💕🇮🇳
Thanks brother
India ♥️ the rising power of Asia.. love from PH
Simply, the Philippines is literally a Jack of all trades.
Which also attracted lots of foreign invaders - a struggle because of a success.
Sir thank you for the high light to our country......
As A Filipino I'm Proud that my beloved country is On The RISE!!!🇵🇭☝️🙏👏💯
Thank you for seeing the besf in us!
I Am still Optimistic for the Philippines to become Upper Middle Income Country by Late-2023, and a High-Income Country, as well as a Developed Country by 2035, But, to grow the economy into double digits, here are my Suggestions: Please Remove all the Restrictions on FDI in the Philippines, so that More and more FDI will attract into the Philippines, and more skyscrapers, infrastructures, including digital, railways, ICT, space, subways, roads, expressways, bridges, and bullet train infrastructures will be built in the decades the 2020s to 2050s, alone, Please Faster the Poverty Reduction Rate, by Encouraging Entrepreneurship with Innovation in the Poor Villages, Building Affordable Homes that is of High-Quality, and with Amenities like the Houses for the Rich, so that I Am Confident we will reach 0% poverty rate by June 29, 2028, Please crackdown on red tape, and corruption, by Educating Politic Leaders, Leaders, Mayors, and Governors to Discourage Bribing, Become Political Neutral, and Focus on Development, Rather than Politics, Doing Bribes, and Increasing Salaries of Government Workers, Please Double the Minimum wage to over Php 1000, so that Filipinos will Live Decently, and Weather the Inflation, and also to Lower and Minimize the Rate of Malnutrition, and Hunger, and More suggestions like Building more Infrastructure, by doing Land Acquisition Reforms, to avoid ROW Issues, and When I Was born, The Philippines GDP Per Capita was Still Under 1,800, by the Time I've Turned 5, as a Grade-Schooler Child, the GDP Per Capita was 2,875, by the Time I've Turned 10, the GDP per capita was 3,250, Today, the GDP Per Capita is at 3,850-3,900, by the Middle of my Teenage Years, It Will Achieve the Upper Middle Income Countries, at the GDP per capita of exactly between 4,200-4,300, by the Time I've Become an Legal adult Citizen in 2026, The GDP Per Capita will be at Between 5,500-5,600, and Fully Adult Citizen in 2029, The GDP per capita will be at 7,000-7,500, Achieving a GDP Per Capita in the Parity with Thailand, By the Time I'm 25 Years old in Early 2033, The GDP Per Capita will Cross at 10,000, By the Time I'm in 30s by Year 2038-2039-2040, The GDP per Capita will be at 15,000-18,000, Achieving the Status as an High-Income Country, and a Developed Country (If It Meets at least 0.750-0.8 HDI), and by the time I'm in 40s by Year 2048-2050, The GDP per Capita will be at 35,000-50,000, with an HDI of Over 0.925, and as a Child - Lower Middle Income Country, as a Teenager - Upper Middle Income Country, and as a Adult - Upper Middle Income Country, with Over 10,000 GDP per Capita to High Income Country.
By the time the Philippines is developed, I'll be either middle-aged or worse, a senior. As I'm currently in my mid-20s, I hardly see any good opportunities in my homeland, so the only way to pursue my career further is to migrate to other countries, nothing else.
I'm unfortunately probably going to be too old to see that considering I'm 41 now. But Philippines could probably achieve HDI of 0.750-0.8 maybe earlier at 2027-28 since we already have 0.718 pre pandemic.
Want to see more Thailand content. Or ASEAN as a whole. 🙏🏻
Philippines compared to other big SEA countries have…
-low exports
-Low tourist arrival
-Lots of untouched natural resources
-Not that good agriculture sector
-Low foreign direct investment
Yet we still able to become “Newly Industrialized” through our SERVICE sector alone, and our GDP was able to become 3rd largest in Southeast Asia in previous rankings (I’m not sure about now lol). So, how much more if we really use our advantage especially our strategic location.
Now, government is already exploring our natural resources especially oils and natural gas. We only need investors, we have strong labor force, we can definitely catch-up in exports. We have rich land for agriculture (though it’s calamity prone).
We could definitely boost our economy, we have lots of available space compared to others.
I love these facts you shared.
@Fuego kya gani pero mas gusto ko parin na hinay hinay lng tayo sa pg touch ng ating natural resources para yun next generation nting at my maiwan pa.
The problem with our service economy is the threat of AI on BPO and IT.
@@fatimafaris3544Tama Kasi ung Natural Resources nauubos. Pero Yung Ganda ng mga Bundok at Beaches at dagat natin Hindi mawawala wag lang nating sisirain.
Hoping Philippines will level up in the near future...
Wow so much love from brothers indonesia, India, Bangladesh, so many more,, we love you guys … 🥰
Nice analysis for the Philippines
we always support philippines. from your neighboring country siquijor.
pH economy is a combination of mining industry, overseas Filipino worker,BPO or business processing outsourcing, tourism industry, agricultural,ocean economy or fishing industry such as process ing a canned sardines and tuna sardines, there is also an opening of gasoline mining with hundred of billion of dollar and euro reserve (pH economy do not rely on one or two r source of circulating economy)
Kerala State in India is also wary of unbridled investment in Environment destroying Industries. Like Philippines it depends on Tourism, Fishing, Agro Industry, Overseas Remittances, IT Sector.
God bless the Philippines
MABUHAY PHILIPPINES, GOD BLESS TO ALL
Thank you our brother indonesia,we will grow together.
The right education and goals... Philippines will be Asia's Tigers
Preservation is the key, you hold on the longer you will be sustainable, what you exploits today will be gone in the future 🤔
Exactly true..its a miracle favored the philip's coincided in a changing time & the world events.
let us support our neighboring countries! soar high ASEAN
Well for me i rather have the philippines as a country to focus on other sectors to developed and prosper at the same time protecting the environment and it's natural resources. "Sustainable developlement" should be implemented to a better future for the next generation.
I LOVE PHILIPPINES, GOD BLESS US OFW🥰🥰🥰👏👏
Asean bros, rise up!🙌🏻
ECO - and AQUA Tourism as well as Alternative Energy development and the Entertainment industries are good potentials for the Philippines to excel. This is a very interesting report that will encourage the Filipinos to concentrate in their future. AURAPHIL thanks for sharing.
Yes .We Pilipinos Supports PFR Marcos Jr. Administration. .Because of His Power Of LOVE .to The Pilipinos .and to Unite all for To.. May the Good Lord Guide All For. PilipiNas kung MAHAL. . God bless Philippines.
outstanding
As Asians we should look after each other and grow together as one...Hello Mabuhay tayong lahat...high time for many decades....🙏🙏🙏
Philippines is No.1 in world risk index, most expensive electric energy in ASEAN, most strict country against Foreign investors in ASEAN 😫😭
PH President is willing to reopen its postponed 1st nuclear energy made by his father to lower electric energy and Ph is now eager to open its FDI to boost the economy. PH is secretly mining its trillion $ untapped oil. thats why BA is very optimistic in PH 😄
True. The elite wants full control over f I don’t stress ES. The academics wants control of infrastructures. That. Pretty much neutralize moving forward. Fortunately, the families continue to put emphasis on education like nursing, engineering, teaching, hotel management’ tourism, navigation… all to enhance global service industry be it in health, cruise, education, construction industries enough to create a momentum to educate the next generation, create secondary economic activities in retail, restaurant, entertainment industries in the country. Nowhere in Asia can service the US and other countries in diverse industries from airline reservation to investigating fraud in medical billing. Two million Filipino workers are in the business processing outsource jobs. Another plus that many countries don’t do is to help relatives finish college, not just your immediate family members. With a college diploma, they are more likely to be hired and have a higher chance aging job in the country and abroad. From example, my. Nephew makes 25,000 pesos per month as a nurse in Philippines. However, Singapore offered 100,000. Part or most that amount he will remit for better housing, better living conditions in Philippines which will stimulate the GDP of Philippines. Multiply that by millions who are abroad. So the greatest export is actually LABOR.
Two of three points are attributed to the 60/40 FDI rule in the Philippine Constitution that started all ongoing problems. Speaking of electricity, it's expensive because of the lack of competition and monopoly which are caused by that rule.
Thanks to cory constitution
Philippines doesn't use its reserved natural resources for exports.
Vast natural resources in the Philippines are still intact due to country's law of natural resources preservation.
Philippines has intact mountains of gold, and other precious metals. Philippines has vast reserve of Natural gas and Petroleum reserve, Philippines has ast of Deuterium reserve for hydrogen fuel. etc.... these reserves might cost of several hundred trillion dollars.
Services oriented economy (BPO, OFW, Tourism) + strong domestic consumption .. that's unstoppable.
Services is the modern industries in this modern days such as BPO, IT & international call center and the Philippines is one of the Top countries on earth in that field.
Speaking of OFW, that trend is the root cause of that policy mentioned in 5:52.
“ THE PHILIPPINES “ ❤❤❤
Its about time
A very encouraging report....
I SEE OPPORTUNITY FOR TREMENDOUS GROATH AND WEALTH FOR THE COUNTRY ! AND ITS PEOPLE ! ! !
Beating estimate(s) that's the right term... meaning it is unique in perspective.
.
We're you get the resources about Philippines?
Philippine travel destinations are the best!👌
I think the PHILIPPINES is the future.
On point. Nice video. Keep it up
Sana magkaroon ng signature product ang Pinas na.. una, car engine lalo na yung may alternative fuel maliban sa Fossil.
At pag nagawa ito magsasanga-sanga na yan sa iba..agri machineries, watercraft, train, industrial machines..
Bumilib lang ako sa Pinas nang hinarangan nila ang pagpatayo Metal Factory sa El Nido pa naman yun..mga around 1995-96 yun..marami namang ibang lugar na "Arid" lands bat kasi doon nag propose.
Because of the leadership 2016 to 2022 🇵🇭
Sending love from Los Angeles ❤️, Pampanga
I disagree about "the government putting more premium on education"..it's more on peace and order and security.. education is just secondary or even tertiary..
Good view
open the economy. for foreign. Investment is a huge factor for development
We protect our natural resources. I'm glad to hear that we have some kind of laws that continued to keep our beautiful beaches.
Philippines had abundance of natural resource and prosperity is not impossible most specially now having s New President with talented superior leadership for spectacular startegic economic growth transformation of the region
Very comprehensive video indeed but i just wanted to say that you're pointing cambodia instead of vietnam in the first 10mins of the video aside from that its fine
Industrialization has one of the backbone in terms GDP/economy of a country especially vehicle's industry, look at Japan they had Toyota, Subaru, Mitsubishi, Kawasaki, Honda, Suzuki, mazda. SoKor Hyundai. Germany BMW, Jaguar, Bugatti, Porsche. Italy Mercedez Benz, dukatti, Lamborgini, etc.. I think we too would starts our local car/vehicle industry not just oil explorations etc, seems these thing might change our economic performance a lot!
Tutoo.. I was thinking the same.. we need to diversify talaga.
@maharlikabebz2249 yep
ASEAN is the best
Blessed the ASEAN nation
Nabuhay Pilipinas thnx Asian neighbours
I love Philippin from Thai
How i rate thailand
People 100/10
Goverment 200/10
The beauty infinite/10
The capital 30000/10
History 200M/10
The country infinite+90000/10
@@ForbiddenAqui32729 it looks terrible but thank you
Sadly the lack of competition due to monopoly control over everything from banking and financial services to airlines to telecoms by a couple of dozen large families mean that the country cannot compete with other Asian countries for anything other than English speaking people who will work for cheap at call centres.
but democracy and stuff.
@@juamu1132 Not a democracy if its just a choice between those families ... who are the only ones allowed to run
@@PizzaLord every one is allowed to run it's your problem if you don't have the cash or influence. we are a capitalist society to say otherwise would negate pulpol power. hahahaha
economic restrictions are enshrined in the constitution, imagine that. plus, land reform failed many times throughout our history. reforms are needed but many people in power and those gullible enough to support this overt protectionism are a big opposition.
they even made sure that the constitution that allows them to do this cant be easily changed.
the main market of a nation is its people. mainly for food and water and energy are extras. tech, tools, and machines are energy.
foreign markets and investment have risks. ex. economy conflicts, control, infla, pricing and profit, environmental, etc. when you have your own food, what's infla and other issues?
protecting your environment and guarding resources aren't issues. these are good around the world.
True
Saving the best for last👍
May be our government focusing on human export or OFW only.
WOW 😲
ASEAN WILL RISE TOGETHER AND LOVE EACH OTHER
Love phi from indonesia...
🙏😍 ASEAN NATION
Soon broo
But still, it's more fun in the Philippines!!!❤️🇵🇭
mantap...
Godbless Philippines 🙏
Heard this like 10X this decade. PH will disappoint again for sure.
Sa atin mga OFW na lang ang inaasahan samantalang kung gugustuhin marami tayong mga mapagkikitaan paano kasi puro nagsisiraan yang nasa gobyerno puro pan sarili nila ang iniisip wala tayong pag kakaisa kaya mahina ang pag ahon ng bansa natin..
I truly wish information like this will one day front the news bulletins instead of anti government news
I am optimic that my beloved country will progressively rise and continue to prosper because it is one of God's promise to us
Pasalamat tau ke gloria arroyo... to those who dont know.. arroyo pioneered these service industry
give mar the credit as well. for all his faults the bpo industry was his brainchild. sykes was the first company to invest in our country. they opened their doors in 1998, a time of massive economic turmoil in s.e. asia.it gave jobs to filipinos otherwise would have been discriminated in other industries.
Philippines will become the largest economy in Asia by 2030🇵🇭
Lol😂
We need good leader...,....
The Philippines must ease restrictions to attract more investors into the country. Offer tax holidays and increase permit duration to say 25yrs renewable to another 25yrs... Reduce application requirements to the minimum and speed up the issuance of permits in days!!!
I would rather have the philippines focus more on service, manufacturing, tourism, and agriculture economy than destroying it further for mining's sake. Service and tourism, no question about it, the country is spending so much to develop these sectors tremenduously. As for manufacturing, it needs to improve its laws to invite investors and also invest on green technology to minimize impacts on the environment with the rise of manufacturing sector. As for agriculture, Philippines just need to improve fertility and productivity of existing agricultural lands and prevent further conversion of these lands to urban developments.
how much is the onion?
Thnx for our neighboring countries .