Realities about the Philippine economy

It is more fun criticizing

While other posts praise the growing PHL economy (now no 34 in GDP ranking!!!) others just like this post criticize its performance and say PHL is a house of cards    

As someone who has invested in the countryside, and go around frequently for the site visit, Ii conclude that much local investment has been made and we can not escape the fact that there is progress and much stride has been made in country side development.  And the truth is Western countries cant help but notice the growth rate of the PHL and that it has become an alternative for sites of manufacturing for those who leave China or Vietnam

Certain level of skill and ability has been built on AI, computers, semiconductor and even on infrastructure design and construction by Filipino architects and engineers

Self development personal improvement is prevalent among Filipinos and that is something not mentioned in the article/video.

We can move forward despite the questionable leadership in the country   

A senators counter sona to Pres Pnoys Sona reflects lack of critical analysis

It is more fun criticizing

Rizal Philippines  | August 13 2014

Comment on Malaya post



It is really nice to hear criticisms against speeches and differ in views with the speaker.  That is part of the democratic process.  However, some criticisms need criticisms too because some of them could be very far from the truth.

The other issues are well taken (maybe the congestion at the Port of Manila causing increase in prices of commodities) however this corner disagrees that the measly $8billion in FDI is a poor indication of the economy.  Rather than belittle the gains the country has made despite the low FDI, we should be proud of this.  It MEANS FILIPINOS, MORE ENTREPRENEURS ARE BETTING ON THE COUNTRY'S BRIGHT FUTURE.  We cant depend on the volatile foreign inflows to prop up our economy.  The truth is we have more revenues from OFW remittances and BPO.  Dear Sir.  It is progress.  It definitely lifted the lives of many people and has driven up real estate, consumer goods and many more.