We, the Filipinos does not compete with our Southeast Asian brothers and sisters. We pray that all of us will be successful and make sure that the citizens of each country will feel the progressive economy!
That's the spirit. Why even have a peeing contest with the neighbors when you can just be chill like Bhutan? That said, Bhutan's economic model or strategy fits the Philippines to a T.
FYI, Philippines compete in South East Asian countries and to the rest of the world, in fact Philippines now is dubbed as the "Call Center Capital of the World" because Philippines is the leading country in all South East Asia in BPO, International Call Center & IT) and Phillippines is one of the Largest producers of chip semiconductors on earth and one of the leading counties in the world who produce & export the electric & electronics products etc.. Philippines soon overtake Thailand GDP economy because of Philippines continuously the fastest GDP growth in South East Asia. The Philippines have many many BIG World famous Industries such as the Giant world famous burger chain Jollibee, Penshoppe & Bench apparels, Potato Corner, Oishi, San Miguel Beer which evolve around the world... Philippines is included in NIC - Newly Industrialized Countries..Philippines is on track to become 1st world country.. So research before you comment ok?
Bec you don't want compete or can't compete other Asean countries bec as you aldry know Phil's first don't love their country...then most politics favored of tycoons and obligarch the Phil's if want changes first revolution of cultures then should mandatory buyout all government company should electricity and etc more infrastructure company by banks public utilities if not even a live more thirty years still the same nothing changes
@@Superpooper-2020oh I didn't know that. Thank for the info. I can see now my country is progressing btw I'm from Philippines can eat food 3 to 4 times a day but also considered my self poor because I don't like full time job. Only "on call" job I accept for some reason
India and Philippines expecting highest GDP growth for 23-24 in Asia because of resilient economy, India and Philippines should do more business cos Philippines Vietnam and Indonesia are boosting investments and cooperation. For the first time ASEAN countries are almost united to prosperity.
NOPE., both India and Philippine are starting on a very low base. Philippine and India had something in common. Both are trade deficit countries and both country are dependance on remittance from exporting labours.
@@wionporky9937 don't think negative ways, always think possible. Cos things change accordingly... Look at our neighbours in ASEAN before they have ignored Philippines but now they're cooperating each others for economic development and communications cos our leader is active visiting them and make friendly movements.
@@angelosupsup3726 Respect is earned not given. Philippine had dropped from being one of the Top Economy in Asia in the 60's to one of the poorest Today.
Acquisition of Brahmos missiles was under Horizon 2 military upgrade from Noynoy Aquino and Rodrigo Duterte administrations. The present admin is currently looking for three submarines under Re-Horizon 3 upgrade.
As a visitor to your country, I found myself touched by the gracious hospitality of your countrymen. More countries should aspire to cultivate the accepting attitude of the Filipino people.
There is nothing new in economic leader almost same face like diokno and many others that is there expertise so whoever the president those people is just around.
Sinabi mo pa 😂. Iba ang anggulo ng balita nila. Kesyo mas mataas daw ang economy growth last 2022 compare nung 2023. Kaloka. They didn't report na kahit ganoon, Pilipinas ang nangunguna sa mga umuunlad na ekonomiya sa SEA last year.
@@littlesenorita1488 HUH? LOCAL NEWS KEEP ON SHOWING THAT, PERHAPS YOU'RE SO CONSUMED WITH DUTERTE 'S TIRADES BECAUSE BBM IS DOING FAR GREATER THAN DUTERTE. MGA DDS KASI KAU EH.
Actually I saw this reported last Feb. 1 in UNTV news. Sec. of Finance Ralph Recto even stated Philippine GDP growth being stronger compared to China which only had 5.2 growth.
Parehong tama mas mtaas nmang tlga previous year yun gdp ng pinas at khit bumaba man ngayong ma's mataas parin tayo sa neighbor asian nting so Sila ng adjust para sa ating charot.
With what I Am seeing now in the two biggest metropolises in the Philippines of Manila and Cebu. The rapid development and beautification of these two mega region I must say yes we are in it and we are doing the right thing.
The other Filipinos cannot feel it. But for me, I feel it. Yes, the price of the rice has been increased but over all the inflation last year is very slow as compared to previous years.
It was actually very quick this time. Regular rice went from 50 pesos to 62 pesos, eggs went from 7 pesos to 10 pesos, and other goods went up by 20-30% since June or July of 2023. That's a very high inflation rate in a matter of 6-7 months. It's understandable though that this is a worldwide phenom but the government should really work hard to not let this rise futher.
@@mingkay4743 think for the over all outcome not just for the rice and eggs then you will realize. And take note the whole world experiences inflation but the thing is how much the burden they are taking.
@@JFelisimo I did think about that. As I mentioned the price of all other goods went up as well, for example canned goods, vegetables, spices, meat, fish, gas... Do I need to mention more and enumerate the prices before and after? If you do groceries regularly you will know. TBH, I don't really spot the price hikes right away but what happened last year was just too sudden. Not only me but everyone in the neighborhood including my 'suki na' vendors were shocked. Anyway, as I mentioned as well it is a GLOBAL SITUATION so we can't solely blame the government although they can do a lot better.
Really only India and Philippines what about Japan south Korea Malaysia turkey Indonesia and other asian countries Indonesia by far could keep up with India Japan and South Korea plus China
well, really the western countries are just looking for new slaves they recently changed a law that foreign entities can't own local businesses and now they're being bought up they will benefit of course, maybe better internet or electric infrastructure with new companies coming but it will easily fold once they no longer have the cheap labour that the west desires
It's nice that news from other countries are reporting PH economy as being positive while local news here keeps framing the economic state as if its always in decline.
Not unless the Philippines will become a manufacturing based industry kind of economy, it could become one of the largest economy in South-East Asia but who knows in the future, could become an economically competitive country in entire Asia...
D naman need na mging manufacturing hub tau since lumalaban vietnam at cambodia jan. Hawak naman nating 15% world's bpo. At madevelop lng lahat ng infras. Mg boom n ang tourism sector natinm dun tau babawi
Some pinoys are believing in Vietnam's GDP has overtaken us in the midyear of 2023, then suddenly things changed when we overtook Vietnam and Malaysia's place also having the strongest economic growth in the region while Indonedsia maintains its economic superpower (having a trillion dollar economy) outlook even if there are lots of hungry people there.
@@johnpaolobas1036Its all smoke and mirrors especially when it comes to economic stats in these communist/authoritarian countries (Malaysia/Indonesia/Vietnam)..
@@Chinoiserie9839 when it come's at mineral resources the philippines is rich at mineral resources which we don't extract it we dont need to export from other countries mineral resource's
@@Chinoiserie9839minerals are the primary export of the country like precious metals. The natural calamity yes it's a big factor that stagnates the economy. Philippines need to have a better contigency plans for disasters just like in Japan. Both together with Indonesia are countries situated in ring of fire therefore are really prone to earthquakes and hurricanes. Philippines have to absorb 26 hurricanes in a year.
Lakad Matatag Pilipinas! But my dear Filipinos let's "NOT" be confident nor satisfied with this News We the Philippines excel on providing "Service Industry" BUT we are heading towards a changing future (You already know it... it's about AI) Call Center, Virtual Assistant, Freelancing and even OFW work may dramatically changed soon! We the Philippines (And All honesty, I'd also include India in this category) are one of the most vulnerable country with this changes Let's keep striving to be better
Yopu should just send all your money to Marcos jr. His father was a thief and so is he. Why not just send him the money and get it over with? @@itsme-vw5yo
Philippines is very rich now. I travelled to Manila last December and I thought I was in the USA. What I find amazing in this Asian region is that they are so diverse but they are not fighting. They are Wonderful people.
Imagine how bullish the PH economy will be if it's able to put up more oil rigs in WPS and build nuclear power plants to bring down electricity and therefore resulting to lower prices of commodities overall which will in turn boost the Filipino purchasing power.
Kudos to the Philippine government and its people to work to gether to achieve this target. Lets all united and work to getter for a better and faster economy and Asean
I think Vietnam and Indonesia are on the right path, their international trade is very good, unlike the Philippines which experiences a deficit every year..
I'm so glad The Philippines is now developing fast like Vietnam:) I'm glad it is:) Looks like it's going to become a developed country sooner than I though:) I wish you luck:)
The Philippines isn't even a manufacturing hub. The metro subways and railways as well as the nuclear power plant are still undergoing construction. Remittances from the Overseas Filipino Workers is a big factor for the economy's staying afloat.
It's nice hearing economic growth for PH. I hope it also better affects the ordinary individuals who are struggling with low wage, increase basic good prices, electricity, water, increase transport costs etc. Ordinary Filipinos might not directly feel the economic impact unless prices will go down. Maybe the ultra rich can significantly feel that growth.
Thank China for giving the government and the filipino people to aspire to be wealthy and powerful to defend against China's forceful occupation of their waters.
@@alaindelon611 caused by more labor entering the work force. the first graduates of K12 started their working around this time from 2022. prior to that they are gaps because they are very little graduates from 2019 to 2021.
as long as all the projects that are on roll finished in time it will sustain it's growth, from new international airports, railways, subways, interlink bridges, ports and reclamations, all of these will be key economic drivers for the coming years. set aside politics.
India and Philippines have a similarities which is lower export, higher young population, fluent in English and strong in outsourcing BPO industry. Both has a common enemy..China 🙄
No, SO LUCKY LIVE IN SUPER INDIA THE CLEANEST COUNTRY IN THE WORLD, WE NEVER SCAM! WE GIVE RESPECT TO ALL WOMEN THEY CAN WALK SAFELY ALONE AT NIGHT AND WE HAVE CLEAN FOOD AND TOILET EVERYWHERE KNOW MANY POOR PEOPLE JEALOUS WITH SUPER RICH INIDIA😂
NO HE IS NOT. HE IS THE MOST HARD WORKING PH PRESIDENT SO FAR, UNLIKE DUTERTE WHO IS HARDWORKING WITH CUSSING AND SABOTAGING ANY PEOPLE ALL THE TIME. BBM IS HARD WORKING, DUTERTE IS LAZY, BBM IS CLASS, DUTERTE IS TRASH, BBM IS SUCCESS, DUTERTE IS FAILURE. BBM IS EFFICIENT, DUTERTE IS INCOMPETENT. BBM IS BRAVE AND COURAGEOUS, DUTERTE IS COWARD AND CHINESE PUPPET. BBM IS UNITY, DUTERTE IS DIVISION. BBM IS CREATE, DUTERTE IS DESTRUCTION.
Prices are also high in so called 1st world countries. Just compare your country and developed countries food prices. you will shock, they pay 10x more than you for same products.
@@GTASAnShorts-cd4tj then give an example of 10 times you mentioned .. I am not comparing with other countries .. I am comparing with the title of this video to what really is happening to our country..
@@change4better369 just go and visit Google search "Nation Master Cost Of Living Comparison" compare your country cost of living with US or UK. Simple. I have did it, everything isn't 10x higher, some things are 20x higher and somes are 5x.
I hope India can play a larger role in economic and security matters in Asia and the Pacific. So far, India is the largest country in Asia that can challenge the CCP, now that China is rapidly losing confidence from its neighbors. If only China is more friendly, we could have make a better world. We could surpass the west. Disunity among Asians is what makes our region poor and weak. Tha't's what the west is taking advantage of.
Every year they always say this in the Philippines, but still, it is never felt by the common person. Everything is becoming more expensive, salaries are low, services are subpar, inflation still high. News like this doesn't matter anymore. I hope someday, everything will be better.
If we tamed inflation we will be able to atleast felt it ok. Thw size of egg went back to its original price as well as sugar other items. Somehow the government is working to address this concerns.
Basically country with high population will experience high GDP growth but that doesn’t reflect the true picture of the citizen well being…other factors should also be taken into account such as unemployment rate, salary level, corruption index, etc
16% of the population live below the poverty line, philiopine wages are low and not enough jobs for the people, that's why around 12million people leave the country to find work outside, corruption index in the philippines is high. Philippines education is so low that they are ranked as one of the lowest comprehension population in the world, that's why they keep electing the same corrupt political dynasties.
I hope the Philippines will further open up its economy to foreign direct investors by allowing 100% foreign equity ownership in capital-intensive industries that Filipino corporations cannot afford to capitalize 60% equity shares like natural resource extraction, agriculture, forestry, energy, education, and mass media.
@@littlesenorita1488 any foreign equity ownership restrictions should have not been codified in the constitution, but in ordinary legislation that could be easily amended by Congress. Allowing 100% foreign equity ownership legally will discourage foreigners from using Filipino dummies to skirt foreign equity ownership restrictions just to do business in the Philippines.
Kung negosyante ka mag isip hindi pwede yan. Pero kung gusto mo maging empleyado payag ka jan. Pero sa opinyon ko lugi tayo kung 100% sa dayuhan. Plus kung maisipan nila ilipat negosyo nila ng sabay sabay. Biglang bagsak ekonomiya niyan.
Philippines is now putting inflation under control. In December, inflation was at 3.9%. January inflation figures will be released a couple of weeks from now, but the highest projected rate is 3.6% with the lowest at 2.8%.
@@zachzoldyck1796 Yes. You can Google it. The Philippine Government already released the official inflation rate for December 2023 and the preliminary projection by Sec Medalla of the Philippine Central Bank.
No. Employment rate is at highest in nearly 2 decades. Underemployment is also lower. Hunger incidence is down. Poverty rate is down. Tourism is up. New businesses are opening. For 2023, the increase in median wage is 6% which is equivalent to the inflation rate. Philippine inflation is in the lower half in the list of countries in terms of inflation. People are obviously benefitting from the GDP growth.
![ILLSLICK X YOUNGOHM - We're The same [Official Video]](http://i.ytimg.com/vi/yUJNkobYR0E/mqdefault.jpg)
As a Vietnamese, I wish nothing but luck and a bright future for my fellow Asean siblings. Goodluck Philippines! 😁 🇻🇳🇵🇭
Thanks brother let us rise together
Thank you, hope to visit your beautiful country one day!
Thank you asean bro
Thank you. May all of us in Southeast Asia grow prosperous and safe.
Honestly upon checking all the product details i buy on groceries i see alot of made in Vietnam which im glad, than to see made in china products 😅
We, the Filipinos does not compete with our Southeast Asian brothers and sisters. We pray that all of us will be successful and make sure that the citizens of each country will feel the progressive economy!
That's the spirit. Why even have a peeing contest with the neighbors when you can just be chill like Bhutan? That said, Bhutan's economic model or strategy fits the Philippines to a T.
FYI, Philippines compete in South East Asian countries and to the rest of the world, in fact Philippines now is dubbed as the "Call Center Capital of the World" because Philippines is the leading country in all South East Asia in BPO, International Call Center & IT) and Phillippines is one of the Largest producers of chip semiconductors on earth and one of the leading counties in the world who produce & export the electric & electronics products etc.. Philippines soon overtake Thailand GDP economy because of Philippines continuously the fastest GDP growth in South East Asia. The Philippines have many many BIG World famous Industries such as the Giant world famous burger chain Jollibee, Penshoppe & Bench apparels, Potato Corner, Oishi, San Miguel Beer which evolve around the world... Philippines is included in NIC - Newly Industrialized Countries..Philippines is on track to become 1st world country.. So research before you comment ok?
@@FeloLope your source is also based on youtube. 🤣
no shit
Bec you don't want compete or can't compete other Asean countries bec as you aldry know Phil's first don't love their country...then most politics favored of tycoons and obligarch the Phil's if want changes first revolution of cultures then should mandatory buyout all government company should electricity and etc more infrastructure company by banks public utilities if not even a live more thirty years still the same nothing changes
We wish India will become economic giant too like China- minus the bullying. Love from Philippines.
Support India from vn
india surely will rise. almost every tech executives are indians
Chinese dream is to become a second North Korea 🇰🇵 as soon as possible.
I am pinoy But i love CHINA.
@@change4better369 As a pinoy, I don't hate china nor their people only their greedy leaders.
Wish you the best Philippines 🇵🇭!!
Congrats Philippines for being the fastest growing economy in Southeast Asia. - from New York, Cubao
Hahah.. langya...
hahahha kala ko ngarin hahaha@@mistersavage3223
Congrats.. watching from Mexico,Pampanga
Likewise, my congratulations and appreciation, more power, from San Francisco....Gen Trias, Cavite.
nah not for poor
Philippine economy must remain strong to counter China bully😊
Maj0rity 0f us Inddians still can't aff0rd 2 meals a day, that's why we rank 107th out of 125 c0untries in world hunger index
😂😅😂😅😂
Kettle congratulating the pot.
@@Superpooper-2020oh I didn't know that. Thank for the info. I can see now my country is progressing btw I'm from Philippines can eat food 3 to 4 times a day but also considered my self poor because I don't like full time job. Only "on call" job I accept for some reason
@@Superpooper-2020sad to hear that, as far as i know india is powerful interms of military
Hope india to become more progressive
India and Philippines expecting highest GDP growth for 23-24 in Asia because of resilient economy, India and Philippines should do more business cos Philippines Vietnam and Indonesia are boosting investments and cooperation.
For the first time ASEAN countries are almost united to prosperity.
NOPE., both India and Philippine are starting on a very low base.
Philippine and India had something in common. Both are trade deficit countries and both country are dependance on remittance from exporting labours.
@@wionporky9937 don't think negative ways, always think possible. Cos things change accordingly...
Look at our neighbours in ASEAN before they have ignored Philippines but now they're cooperating each others for economic development and communications cos our leader is active visiting them and make friendly movements.
@@angelosupsup3726
Respect is earned not given.
Philippine had dropped from being one of the Top Economy in Asia in the 60's to one of the poorest Today.
@@wionporky9937 lol 😂
@@wionporky9937did you even know the poorest countries in the world? Aral aral din pag may time
Keep it up my country Philippines god bless Mabuhay❤❤
god belief is the worst thing about the ph, so backward
ate un asawa nyo may kabet
Good job Philippines 🇵🇭 keep it up. 🇮🇳
I am malaysian. Congrats to the philippines.
Support india love from Philippines ❤❤❤
May almighty Father be with us always
As an india i support our brother country phillipines
that's why Philippines is now buying Brahmos missiles from INdia. bravo!
Now? This has been part of the project from the previous admins
@@mypov9790 but bbm admin provide na budget of horizon 2 and 3 .
Acquisition of Brahmos missiles was under Horizon 2 military upgrade from Noynoy Aquino and Rodrigo Duterte administrations. The present admin is currently looking for three submarines under Re-Horizon 3 upgrade.
Huh. Utang yun gong gong.
@@mypov9790 it doesn't matter as long as it can help our military. We should stand united against China now and stop fighting ourselves
We have a lot of Indian neighbor here in PH. Indians are great people, peace loving very desciplined and many other good things
As a visitor to your country, I found myself touched by the gracious hospitality of your countrymen. More countries should aspire to cultivate the accepting attitude of the Filipino people.
I agree. Very rarely you would hear an indian national being involved on crimes here on PH. And they have great food too
the chinese here in the philippines are always involve in drug trade and other crimes
All my Indian bosses in BPO here in the Philippines are very good leaders and very kind. Thank you for doing business with us. ❤❤❤
Congrats Philippines for being the fastest growing economy in south east Asia. Greetings from Washington, buendia
Galeng talaga magisip ng pinoy.. - florida, makati 😂😅😊
Tigil tigilan nyo yang mga katarantaduhan nyo, baka magarote ko kayo 🤪🤪🤪
Love Philippines from India 🇮🇳❤
Love you too sir
Thanks be to God for the unspeakable gifts to.the Philippines.
To God be all the glory forever .
❤❤❤❤❤❤❤
The Philippine economic strategies nowadays are genius.
There is nothing new in economic leader almost same face like diokno and many others that is there expertise so whoever the president those people is just around.
Genius because it made basic commodities more expensive than ever. Nice!!
@@hjmchannel897 you probably don't know how economics work
@@hjmchannel897finally found the definition of idiot
@@XiWeinyeah he didn't, this is why entrepreneurship must be put into curriculum. So that people learn how inflation, and gdp growth works.
this is something our local news won't show to us
Sinabi mo pa 😂. Iba ang anggulo ng balita nila. Kesyo mas mataas daw ang economy growth last 2022 compare nung 2023. Kaloka. They didn't report na kahit ganoon, Pilipinas ang nangunguna sa mga umuunlad na ekonomiya sa SEA last year.
HUH? LOCAL NEWS KEEP ON SHOWING THAT, PERHAPS YOU'RE SO CONSUMED WITH DUTERTE 'S TIRADES BECAUSE BBM IS DOING FAR GREATER THAN DUTERTE.
@@littlesenorita1488 HUH? LOCAL NEWS KEEP ON SHOWING THAT, PERHAPS YOU'RE SO CONSUMED WITH DUTERTE 'S TIRADES BECAUSE BBM IS DOING FAR GREATER THAN DUTERTE. MGA DDS KASI KAU EH.
Actually I saw this reported last Feb. 1 in UNTV news. Sec. of Finance Ralph Recto even stated Philippine GDP growth being stronger compared to China which only had 5.2 growth.
Parehong tama mas mtaas nmang tlga previous year yun gdp ng pinas at khit bumaba man ngayong ma's mataas parin tayo sa neighbor asian nting so Sila ng adjust para sa ating charot.
With what I Am seeing now in the two biggest metropolises in the Philippines of Manila and Cebu. The rapid development and beautification of these two mega region I must say yes we are in it and we are doing the right thing.
The other Filipinos cannot feel it. But for me, I feel it. Yes, the price of the rice has been increased but over all the inflation last year is very slow as compared to previous years.
It was actually very quick this time. Regular rice went from 50 pesos to 62 pesos, eggs went from 7 pesos to 10 pesos, and other goods went up by 20-30% since June or July of 2023. That's a very high inflation rate in a matter of 6-7 months. It's understandable though that this is a worldwide phenom but the government should really work hard to not let this rise futher.
@@mingkay4743 think for the over all outcome not just for the rice and eggs then you will realize. And take note the whole world experiences inflation but the thing is how much the burden they are taking.
Quite contrary to what really happened as soon as Marcos seated as president the price went up faster than my salary
@@OneClick287 thats because of previous admin's flawed economic policies.
@@JFelisimo I did think about that. As I mentioned the price of all other goods went up as well, for example canned goods, vegetables, spices, meat, fish, gas... Do I need to mention more and enumerate the prices before and after? If you do groceries regularly you will know. TBH, I don't really spot the price hikes right away but what happened last year was just too sudden. Not only me but everyone in the neighborhood including my 'suki na' vendors were shocked. Anyway, as I mentioned as well it is a GLOBAL SITUATION so we can't solely blame the government although they can do a lot better.
Congrats philippines greetings from kuwait.
Kuwait,Cavite
😂😂😂😂
😅😅
Glad to see filipinos and indians right now are fastest growing economy's in their regions ,this people are everywhere in the world .
Blame the Replacement theory for it..I mean we are 1.6 billion people, every year some millions will of course leave to other countries
Really only India and Philippines what about Japan south Korea Malaysia turkey Indonesia and other asian countries Indonesia by far could keep up with India Japan and South Korea plus China
@@rickyboy6390those country you mentioned arrogantly wont admit they send slave to other nation
praise God continue praying for Philippines..
praying is statistically the greatest failure on the planet, I wonder why, lol?
Congratulations to Philippines 😂😂 this is proof your at the right path....💪💪💪
Lol the gullible will believe this
well, really the western countries are just looking for new slaves
they recently changed a law that foreign entities can't own local businesses and now they're being bought up
they will benefit of course, maybe better internet or electric infrastructure with new companies coming
but it will easily fold once they no longer have the cheap labour that the west desires
Lol skeptics says otherwise
Sad though someone is obsessed with power and opposing against the president. We're on the right path but someone is making it a u turn
@@itsme-vw5yo especially the far left
I wish that our southeast, west asia and Pacific neighbor countries become one of the fastest growing countries too. Support from PH.
good luck God bless my Country Philippines 🇵🇭 😊❤
keep it up Philippines... from Flourida Pampanga
It's nice that news from other countries are reporting PH economy as being positive while local news here keeps framing the economic state as if its always in decline.
Thanks my country doing well now, ,I'm proud overseas Filipino, working abroad 😊❤❤❤❤
Indonesia & Philippines 🇮🇩❤️🇵🇭
Phillipiines and India could a be big alliance to broaden economy and compete globally. The two countries should have done it a long time ago..
Padayon Philippines 🇵🇭 Mabuhi! (Cebuano Bisaya) "Cebuano Visayan"
Not unless the Philippines will become a manufacturing based industry kind of economy, it could become one of the largest economy in South-East Asia but who knows in the future, could become an economically competitive country in entire Asia...
True, the problem is the electricity cost. However, there's a promise to significantly reduce it by 30-40 percent.
never going to happen, too corrupt
@@jamesbremner6675it will happen as soon as bataan powerplant reopens
@@ungas024 and restricted at FDI
D naman need na mging manufacturing hub tau since lumalaban vietnam at cambodia jan. Hawak naman nating 15% world's bpo. At madevelop lng lahat ng infras. Mg boom n ang tourism sector natinm dun tau babawi
Oh very good news for Philippines 🇵🇭 so happy to hear it my lovely Country.🎉🎉🎉
Congrats Philippines. Keep it up! Love from Mexico, Pampanga
False information
Do you know where Pampanga is? 😂@@8888LR
Thanks Wion for this very welcoming news. There are lots of Filipinos who are avid watchers of Wion. I'm sure they will find this very informative.
No bias at all.. just spilling the beans in the name of facts and information in a rational way
Some pinoys are believing in Vietnam's GDP has overtaken us in the midyear of 2023, then suddenly things changed when we overtook Vietnam and Malaysia's place also having the strongest economic growth in the region while Indonedsia maintains its economic superpower (having a trillion dollar economy) outlook even if there are lots of hungry people there.
the accounting sector have such a big impact into this.
@@johnpaolobas1036Its all smoke and mirrors especially when it comes to economic stats in these communist/authoritarian countries (Malaysia/Indonesia/Vietnam)..
@@slipknot8441 What do you mean?
Philippine economy growing despite tight foreign direct investment policy.
Add to that the lack of mineral resource exports and natural disasters.
@@Chinoiserie9839 when it come's at mineral resources the philippines is rich at mineral resources which we don't extract it we dont need to export from other countries mineral resource's
@@Chinoiserie9839minerals are the primary export of the country like precious metals. The natural calamity yes it's a big factor that stagnates the economy. Philippines need to have a better contigency plans for disasters just like in Japan. Both together with Indonesia are countries situated in ring of fire therefore are really prone to earthquakes and hurricanes. Philippines have to absorb 26 hurricanes in a year.
Yes because as the news said (and as usual), it's driven by consumption. PH has always been a consumption-driven economy.
@@varona9558consumption and service
Philippines 🇵🇭 and Chinese economies are in opposite directions.
Basically, the Chinese economy is very sick. There's no cure.
Lol.. Philippines grew at 5.6% on a 390B economy while China grew 5.2% on 18T.... And this Malaysian Indian joker class China the sick one. Lol 😅
Lakad Matatag Pilipinas!
But my dear Filipinos let's "NOT" be confident nor satisfied with this News
We the Philippines excel on providing "Service Industry" BUT we are heading towards a changing future (You already know it... it's about AI) Call Center, Virtual Assistant, Freelancing and even OFW work may dramatically changed soon!
We the Philippines (And All honesty, I'd also include India in this category) are one of the most vulnerable country with this changes
Let's keep striving to be better
@@upvotecomment2110 yeah Duterte is one big problem. Even though we're on the right track
Looool Philippines economy is a pea compared to china 😂
Yopu should just send all your money to Marcos jr. His father was a thief and so is he. Why not just send him the money and get it over with? @@itsme-vw5yo
I Hope philippines improve more of this, Love from qatar quatarantaduhan
Greeting from Seoul
Seoultan Kudarat.
THANK YOU HARDWORKING FILIPINO WORKFORCE! WE GROW DESPITE OF INCOMPETENT GOVERNANCE!
Philippines is very rich now. I travelled to Manila last December and I thought I was in the USA.
What I find amazing in this Asian region is that they are so diverse but they are not fighting. They are Wonderful people.
Congratulations Philippines ❤😊
We will grow together in ASEAN.❤
Congrats Philippines and President Bong Bong Marcos👏👏👏👏
so really believe this foreigner news? 🤡
Imagine how bullish the PH economy will be if it's able to put up more oil rigs in WPS and build nuclear power plants to bring down electricity and therefore resulting to lower prices of commodities overall which will in turn boost the Filipino purchasing power.
Kudos to the Philippine government and its people to work to gether to achieve this target. Lets all united and work to getter for a better and faster economy and Asean
Congratulations, Phillipines!
Congrats Philippines from Mindanao.
VIP Nation (Vietnam, Indonesia, Philippines) in Southeast Asia needs to boost cooperation and investments and not relied heavily in China.
I think Vietnam and Indonesia are on the right path, their international trade is very good, unlike the Philippines which experiences a deficit every year..
@@ghtrl8its because philippines is not a manufacturing driven economy. Its BPO businesses processing outsourcing
The u.s. is now heavily investing in military and civilian projects. This will help the phil economy grow further. Mabuhay !
Thank you Lord 🙏 ❤
May Allah bless more to The Philippines 🇵🇭 Mabuhay.
Our economy slowed and it's still the top performing in SEA.
I'm so glad The Philippines is now developing fast like Vietnam:)
I'm glad it is:) Looks like it's going to become a developed country sooner than I though:)
I wish you luck:)
The Philippines isn't even a manufacturing hub. The metro subways and railways as well as the nuclear power plant are still undergoing construction. Remittances from the Overseas Filipino Workers is a big factor for the economy's staying afloat.
Thank you for good news 🇵🇭
Yes, thank you
Praying for consistency. Keep up the good work PH. ❤
we wish to become better.🇵🇭
Praise God..thank you Lord
To GOD be the glory AMEN 🙏 ❤
It's nice hearing economic growth for PH. I hope it also better affects the ordinary individuals who are struggling with low wage, increase basic good prices, electricity, water, increase transport costs etc. Ordinary Filipinos might not directly feel the economic impact unless prices will go down. Maybe the ultra rich can significantly feel that growth.
Thank China for giving the government and the filipino people to aspire to be wealthy and powerful to defend against China's forceful occupation of their waters.
Looool china already control the area and what can peenoise do? Cry hahaha
China is out of the equation. It has nothing to do with that country which propel robust economy of the Philippines.
@@alaindelon611 caused by more labor entering the work force. the first graduates of K12 started their working around this time from 2022. prior to that they are gaps because they are very little graduates from 2019 to 2021.
Jusko pati ba naman China gagawin niyong relevant dito... Umay na sa pashneyang bansang yan 🤢😡
Pilipinos is so wealthy they need to send their dotters to become maids 😂
Love Philippines from Bangladesh
as long as all the projects that are on roll finished in time it will sustain it's growth, from new international airports, railways, subways, interlink bridges, ports and reclamations, all of these will be key economic drivers for the coming years. set aside politics.
Btw there are a lot of Indians living in the Philippines. Our Neighbor is an Indian. We love you❤❤❤🇮🇳🇵🇭
Glory to our God alone! Jesus is Lord over the Philippines and all over the world!
Congrats Philippines from Washington, Surigao
India and Philippines have a similarities which is lower export, higher young population, fluent in English and strong in outsourcing BPO industry. Both has a common enemy..China 🙄
No, SO LUCKY LIVE IN SUPER INDIA THE CLEANEST COUNTRY IN THE WORLD, WE NEVER
SCAM! WE GIVE RESPECT TO ALL WOMEN THEY CAN WALK SAFELY ALONE AT NIGHT AND WE HAVE CLEAN FOOD AND
TOILET EVERYWHERE
KNOW MANY POOR PEOPLE JEALOUS WITH SUPER RICH INIDIA😂
You forgot your pfp Chinese bot@@qilin-v8u
Lol yeah both dum countries 🤣
@@qilin-v8uBruh stop trolling. You seem pathetic.
Thanks wion for the news 🇵🇭🇵🇭🇵🇭
Thanks to OFW abroad. Keep sending your money to P.I.
lol right. They're the main driving force of the Philippine economy.
Thank you India for helping our country, you are one of the part of our progress in some other areas. Thank you.
❤❤❤ from India🙆🇮🇳🇮🇳🇮🇳
Good job president 👍👍
Philippines workforce is around the globe, not just what is seen in the country.
President BBM is not lazy
NO HE IS NOT. HE IS THE MOST HARD WORKING PH PRESIDENT SO FAR, UNLIKE DUTERTE WHO IS HARDWORKING WITH CUSSING AND SABOTAGING ANY PEOPLE ALL THE TIME. BBM IS HARD WORKING, DUTERTE IS LAZY, BBM IS CLASS, DUTERTE IS TRASH, BBM IS SUCCESS, DUTERTE IS FAILURE. BBM IS EFFICIENT, DUTERTE IS INCOMPETENT. BBM IS BRAVE AND COURAGEOUS, DUTERTE IS COWARD AND CHINESE PUPPET. BBM IS UNITY, DUTERTE IS DIVISION. BBM IS CREATE, DUTERTE IS DESTRUCTION.
Being well diverse country well educated english speaking nation with young population way to go Philippines 🇵🇭
Thank you for exporting English speaking Maids.
@wionporky9937 jealousy kills I'm sure your country has the most jobless people for now and sooner bankruptcy
@wionporky9937 jealousy kills for sure your country has the most jobless number of people now and soon will be bankruptcy
@@JeanCruz-z7j
Not to worry about my country, we employed many Indian labour and Philippino maids.
@@wionporky9937 you can't buy manners and brains
Mr Marcos Jr. is working for the Philippines people, while Duterte has been working on behalf of the Chinese government.
Very tururueth
Proof?
@@mypov9790, where have you been? Or are you a CCP Troll ?
@@mypov9790 oh c'mon man, are you updated or what?
@@mypov9790 why did duterte went to xing jing ping without letting PBBM know?
congrats Philippines! love from Mexico
Pampangga😂
😂 im here in PH , cant feel the rise.
The wage had increased but also the PRICE INCREASES.
Prices are also high in so called 1st world countries. Just compare your country and developed countries food prices. you will shock, they pay 10x more than you for same products.
@@GTASAnShorts-cd4tj then give an example of 10 times you mentioned ..
I am not comparing with other countries .. I am comparing with the title of this video to what really is happening to our country..
@@change4better369 just go and visit Google search "Nation Master Cost Of Living Comparison" compare your country cost of living with US or UK. Simple. I have did it, everything isn't 10x higher, some things are 20x higher and somes are 5x.
@@change4better369 it's world inflation dude
Problem din talaga yung sobrang libog ng mga Filipino antutan to the max kaya daming anak.
Thanks to our president marcos
Filipina lady ❤😂
I hope India can play a larger role in economic and security matters in Asia and the Pacific. So far, India is the largest country in Asia that can challenge the CCP, now that China is rapidly losing confidence from its neighbors.
If only China is more friendly, we could have make a better world. We could surpass the west. Disunity among Asians is what makes our region poor and weak. Tha't's what the west is taking advantage of.
Mabuhay Philippines!
Every year they always say this in the Philippines, but still, it is never felt by the common person. Everything is becoming more expensive, salaries are low, services are subpar, inflation still high. News like this doesn't matter anymore.
I hope someday, everything will be better.
It is because of inflation. Our economy grew 5.6% but inflation is at 6%. That is why people hardly felt the progress.
If we tamed inflation we will be able to atleast felt it ok. Thw size of egg went back to its original price as well as sugar other items. Somehow the government is working to address this concerns.
Thank you lord.
mabilis talaga wag lang bumalik sa pwesto ang mga tuta
Did you mean tuta ng America?
Huwag na bumalik mga dilawan
Wag lng bumalik mga Dutae.
Hahahaha true.
Wag lang bumalik mga dilawan pink 😂😂😂😂😂😂 mas guto kopa marcus
More Philippines-India cooperation . 🙏
Congrats Philippines from Mexico Pampanga
Basically country with high population will experience high GDP growth but that doesn’t reflect the true picture of the citizen well being…other factors should also be taken into account such as unemployment rate, salary level, corruption index, etc
Sure😂😂
Unemployment rate in the PH right now is at all time low at 3%..
16% of the population live below the poverty line, philiopine wages are low and not enough jobs for the people, that's why around 12million people leave the country to find work outside, corruption index in the philippines is high. Philippines education is so low that they are ranked as one of the lowest comprehension population in the world, that's why they keep electing the same corrupt political dynasties.
복지는 나라 경제가 선진국이 되야 가능합니다 후진국 상태에선 어쩔수없음
후진국일땐 다수의 복지보다 나라 경제 크기를 빨리 높이는걸 목표로 해야합니다
Sending love from Philippines
I hope the Philippines will further open up its economy to foreign direct investors by allowing 100% foreign equity ownership in capital-intensive industries that Filipino corporations cannot afford to capitalize 60% equity shares like natural resource extraction, agriculture, forestry, energy, education, and mass media.
I do not agree with the 100% foreign ownership. Just the NGCP alone who have 40% chinese share is already a headache. How much more if it's 100%?
@@littlesenorita1488 any foreign equity ownership restrictions should have not been codified in the constitution, but in ordinary legislation that could be easily amended by Congress. Allowing 100% foreign equity ownership legally will discourage foreigners from using Filipino dummies to skirt foreign equity ownership restrictions just to do business in the Philippines.
@@JosephSolisAlcaydeAlberici pakisimplify naman. Medyo mahina ako sa english eh. Seryoso ako diyan.
I don't agree 💯% ownership.
Kung negosyante ka mag isip hindi pwede yan. Pero kung gusto mo maging empleyado payag ka jan.
Pero sa opinyon ko lugi tayo kung 100% sa dayuhan.
Plus kung maisipan nila ilipat negosyo nila ng sabay sabay. Biglang bagsak ekonomiya niyan.
I'm from the Philippines 🇵🇭
We love Indian friends here 🇮🇳
It's weird to see our economy rise while our politicians are acting like clowns. 😂
Hahahaha
Pinoy Pride!
Philippines is now putting inflation under control. In December, inflation was at 3.9%. January inflation figures will be released a couple of weeks from now, but the highest projected rate is 3.6% with the lowest at 2.8%.
Do you have source? I'm asking sincerely.
@@zachzoldyck1796 Yes. You can Google it. The Philippine Government already released the official inflation rate for December 2023 and the preliminary projection by Sec Medalla of the Philippine Central Bank.
@@zachzoldyck1796 Just type Philippine inflation rate Dec 2023 and Philippine inflation rate January 2024.
@@zachzoldyck1796 My reply strangely got deleted. You can Google it. Just type Philippine inflation rate December 2023 and then January 2024.
Amazing Philippines !
But the gain is benefiting our corrupt politicians not the ordinary people.
No. Employment rate is at highest in nearly 2 decades. Underemployment is also lower.
Hunger incidence is down. Poverty rate is down.
Tourism is up. New businesses are opening.
For 2023, the increase in median wage is 6% which is equivalent to the inflation rate.
Philippine inflation is in the lower half in the list of countries in terms of inflation.
People are obviously benefitting from the GDP growth.
@@rainieresguerra6519 mga wala yan utak
As a filipino. The only thing that is fastest here is the price of goods is getting high.