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BAND
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^^ the quick fix is to plant organic /upland rice.. brown, red, etc.. instead of the white rice.. These doesn't have much of domestic demand but they have big markets like China, Japan, South Korea etc.. which are just near our shores.. Organic rice needs actual person and plenty of manual labor including primitive process including the use of animals.. and we have plenty of those 😅.. If we can't compete with Quantity then we should improve Quality and Value... The reason why Rice Liberalization was done was to adhere to our WTO commitments and therefore we should use that WTO card to venture foreign markets.
May infra ba ang mga farmers para mag export ng organic rice? Dadaan pa din sila sa mga middlemen lol
 

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May infra ba ang mga farmers para mag export ng organic rice? Dadaan pa din sila sa mga middlemen lol
May G2G naman same with this year's first Davao coconut export to China.. Tsaka may farm to market connection scheme ang Japan agriculture same sa sakurab na exports from Maguindanao.. No need middle men.. Meron din program yung Korea.. covered yan sa WTO commitments nila to import agricultural products sa member countries... On that matter Piñol was very successful... sadyang may sayad lang yung mga nakaupo sa NFA dati...

Buko to China

Sakurab kimchi to Japan
 

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^^ I think 6.5% is kinda hard to achieve this year considering the last 2 quarters over-all slowdown maybe a growth of 5.8% or 6.0% is achievable although im not saying that a 6.5% is not possible, its still doable. 2020 for me is more promising if things goes on as planned and smoothly that we can aim a annual growth of 6.5-7.0%.
 

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The trend most likely when a country rebases their GDP is it will increase since you're effectively adding products in a basket that have not been there previously and marked it to market price but also removing outdated items since these are not being consumed anymore.

The Philippines is also rebasing its GDP and results will be announced next year, as per national statistics office. They say that the 3 year delay is due to manpower deficit but many believe that it's a strategic move by the government in order to optimize the country's preferential benefits before it officially becomes an upper middle income economy.
^^ i see, thanks for the info :)
 

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Vietnam advantages:
1. One Party Government - Political Stability, efficiency + fast execution of policies and projects (Less obstruction of these policies and projects due to lesser dissent) - similar case in China
This is true, as is the case with Thailand and their long running military government. Less BS from useless narcissistic politicians and less BS from delusional opposition. But as someone pointed out, the Duterte administration already have a super majority with an insignificant opposition so it’s becoming similar. Only problem now would still be politicians wanting their part in every project which might probably be an occurring thing in Vietnam too due to their crazy high corruption levels, ranked worse than PH this year

2. High literacy and more STEM based education system (Big dividend in the future especially when transitioning from upper middle income to high income just like what China has gain right now as several innovations and many start up and tech/innovation-based companies are booming in China)
Not really true. The Vietnamese have a kind of big problem with people takings tertiary education; Philippines for instance beat them in this regard! And the famed PISA results is actually heavily skewed: only half of the country’s high school enrollees actually make it to 15 without dropping out. That’s a crazy low rate, especially considering when I think I remember reading the high school enrollment and completion of Philippines is actually higher. In terms of literacy rates, Philippines is still probably the most literate country in developing ASEAN.
But it’s true they include more STEM subjects in their compulsory education than other countries because that’s a common trait of (post-)communistic counties


3. Relatively young population although rapidly aging (same case with PH and China (several years ago when posting double digit growth)
This is actually going to be a major pitfall of them. Their birthrate is quite low and their average population is already nearing their mid 30s. This won’t be much of a problem if their GDP grows fast but one can never know.


4. Standardization is common trait among socialist/post communist countries, very helpful in streamlining and reducing the cost of infrastructure projects and implementation of technologies. It also one of the answers why China can implement megaprojects at relatively fast and cost-efficient compared to western developed countries because of standardization of process and manufacturing of materials. You can see it in their High speed rails, subways, bridges, dams, tunnels, interstate highways, etc.
This is true and is borrowed from the system put up by the USSR in the Pre-war period. It’s something that should be replicated everywhere. Yet only China seem to effectively implement this so far, as you stated below and also because of their crazy economic output.

If PH can fix its political instability and messy bureaucracy (red tape), perhaps PH can achieve an 8% growth
I still believe this is all possible. It’s just uncertainties with some bills still pending which limits foreign capital flowing in so far and the inefficient bureaucracy which has had a revamp with the EODB bill. There are further bills pending

As with political instability, I seriously believe it’s not the Filipino people who aren’t ready for democracy: it’s the politicians themselves. That’s why you hear assassinations going on of Brgy officials and mayor candidates because their opposing parties are mentally like children and cannot think out a way to win over votes without literally killing competition.
Then it’s the conflicts with Red and Islamic Terrorists around the country which are still lingering. I do hope to see it all resolved by 2022, but I am still prepared to see them prevail further
 

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Departmrnt of Tourism is taking its advertisement game to a whole new level with the help of a big fat happy bee! 😂😂😂..
#itsmorefuninthephilippines

Eats. More Fun in the Philippines
 

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Vietnam has no version of AnDAYA and traPOE that's why they can implement their project very fast even their are corruption.

There are two metros which are currently underconstruction in Vietnam while in our country only few line one the MRT7 and the other one is LRT2 extension.
 

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How do you know that they dont have!? Are you Vietnamese!? Please dont promulgate baseless assumptions.

Moreover, Vietnam's train projects have been derailed for many years now and none has been in operation since they have started to build those around 2010 . They are struggling to finance their pet projects while the Philippines have more money to spend. It's unfair for the country to be compared with them but i do agree that their efficiency has improved and so the country is doing the same.

The Philippines is still ahead of Vietnam in many ways and our GDP is narrowing against Thailand in not so distant future.
They're commies. Whatever the party wants, the party gets.

There's no opposition. No compromise. Nobody can block anything. Nobody can challenge. No bickering.
 

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Even if they are a communist country, You cannot say there is no opppsition, no bickering or what not as these are human nature. Of course, as a block, majority will always win.
Majority rule is for democratic states. With communist states, all power is with a few high level party officials.

You cannot, for example, scream IP rights or railroading of an ECC once the party decides to build a dam for whatever reason. Remember the Chinese 3 gorges dam and how many square miles of thousands of years of history they buried?

The only opposition you get is from fellow party members, and if you don't have much power in the party and opposes the party leaders, the chairman can just jail you or shoot you.

To give you another very simple reason why commies can do it faster:

NO ROW issues. Zero. Nada.

State owns everything.

ROW issues have delayed PH projects for years or decades even. It doesn't happen in commie states.
 

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So bottomline, even at the higjest level, there is still an opposition amongst the "few" as opposed to your absolute statement above.
Ugh.

Opposition is NOT genuine opposition. It's just certain individuals who has the trust of the chairman who can actually express alternative ideas.

The chairman can just throw you in jail if he doesn't like you. If that person has more power than you think, then it's the chairman who will be stripped off power and thrown into jail.

It's not the opposition that you see in our country.
 

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No matter how you want to twist it. There will be an opposition whether it be with select "few" or not or represented as an "alternative", as you call it. So, it's wrong to say there's none when this is a human nature.
Obviously the other guy was comparing Vietnam to the Philippines, therefore, the type of opposition like Andaya and Grace Poe, which does NOT exist in Vietnam.

Ikaw ang wag mag twist.

Besides, it's crazy to think that there's no opposition of any kind, because that would mean we're basically like ants not humans. Even identical twins would have different opinions and therefore would have opposing views on some matters.
 

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India And The Philippines Will Beat China Over The Next Decade


Source: https://www.forbes.com/sites/panosmourdoukoutas/2019/08/31/india-and-the-philippines-will-beat-china-over-the-next-decade/#e0ba3bc1a9d8

India and the Philippines will be the top drivers of global economic growth over the next decade, beating China. That’s according to an Oxford Economics study published earlier this year, which ranks the top ten emerging market economies to dominate the global economy over the next ten years. In terms of economic growth, that is. China is ranking fourth on that list, behind Indonesia.

One of the reasons behind India’s and the Philippine’s lead on this list is a numbers game according to Louis Kuijs, author of the study. “Basically, the story is the same for these two countries. They are both still relatively poor, meaning there is a lot of potential for catch up,” says Kuijs. Indeed, India’s per capita GDP is close to one-fourth that of China’s, while the Philippines’ per capita GDP is close to one-third of China’s—see table.
 

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You know very well that there is an opposition even at communist countries. How ironic. :eek:hno:
Not Vietnam. I was with a foreign multinational in that country for more than 5 years. We had operations covering the north, central and south. Our company dealt with the government and the LGU. There is no Grace Poe-like or Trillanes-like politician or even Teddy Casino-like party list in that country. There is also no Maria Ressa-like journalist there. Be informed.

Also, when i arrived, the street in one of our "smaller" factories was a 2 lane "pothole-filled" cemented road. In my fourth year, it was a 4-lane smooth asphalted highway which remained smooth even after several downpour.
 

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How do you know that they dont have!? Are you Vietnamese!? Please dont promulgate baseless assumptions.

Moreover, Vietnam's train projects have been derailed for many years now and none has been in operation since they have started to build those around 2010 . They are struggling to finance their pet projects while the Philippines have more money to spend. It's unfair for the country to be compared with them but i do agree that their efficiency has improved and so the country is doing the same.

The Philippines is still ahead of Vietnam in many ways and our GDP is narrowing against Thailand in not so distant future.
I did not heard before that Vietnam national budget was delayed by certain politicians.

We don't have that much money to spend for pet projects that's why we are tapping JICA, China and other financial institution to finance our projects the same also with Vietnam. Hanoi Metro is funded by China while Saigon Metro is JICA-funded.

Our advantage to them are we are more capable to build a metro system line than the Vietnamese. They struggling because it was their first time to build a metro while we had two lines operating already. Their only advantage are they can implement faster and simultaneously if funds are available because there is minimal or no opposition with the likes of NPA-front partylists, cRappler, anDaya, LPigs, and fake environmentalist.
 

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SteelAsia, HBIS ink $1-B investment deal for Batangas plant

BEIJING -- The Philippines’ largest steelmaker, SteelAsia Manufacturing Corp., has signed a memorandum of understanding (MOU) with China’s HBIS Group Limited for their first integrated iron and steel facility in Lemery, Batangas.
The two steel companies inked their deal here Friday during the Philippine-China Business Forum, a side event of President Rodrigo Duterte’s visit to China.
Under the MOU, SteelAsia and HBIS will invest around USD1 billion for phase one of the Lemery plant.
“As DTI pursue a number of strategic projects, an important investment priority is the establishment of the first-ever modern, environment-friendly integrated steel mill project in the Philippines,” Department of Trade and Industry (DTI) Secretary Ramon Lopez said
https://www.pna.gov.ph/articles/1079230
https://www.bilyonaryo.com.ph/2019/09/01/steelasia-partners-with-hbis-group-to-build-1b-steel-plant-in-batangas/
 

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Neither you are a Vietnamese nor speaks and understands Vietnamese. So, please dont represent them nor they wanted to be represented by you.
I am speaking from my first hand experiences in that country. I lived there interacting and working with the Vietnamese everyday for several years. How do you think we are able to communicate if we do not have a working understanding of their language and culture? Please do not assume things about me.
 

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Philippines Business Forum: Building for the Future

Property consultant: POGOs will stay in PH as long as they can

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Enthusiasm on PH-EU free trade agreement wanes

August inflation seen at 1.8%
 

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Federal Philippines 2016
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India And The Philippines Will Beat China Over The Next Decade

India and the Philippines will be the top drivers of global economic growth over the next decade, beating China.

That’s according to an Oxford Economics study published earlier this year, which ranks the top ten emerging market economies to dominate the global economy over the next ten years. In terms of economic growth, that is. China is ranking fourth on that list, behind Indonesia.

https://www.forbes.com/sites/panosmourdoukoutas/2019/08/31/india-and-the-philippines-will-beat-china-over-the-next-decade/#48e389341a9d
 

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Bill easing requirements for foreign retail investors filed anew in the Senate

THE MEASURE proposing to reduce the required minimum paid-up capital for foreign companies that seek to enter the Philippine retail sector has been filed anew in the Senate.

Senator Sherwin T. Gatchalian, under Senate Bill No. 921, proposed to amend Republic Act No. 8762, or the “Retail Trade Liberalization Act of 2000,” in hopes of increased foreign direct investments in the country.

https://www.bworldonline.com/bill-easing-requirements-for-foreign-retail-investors-filed-anew-in-the-senate/
 
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