Lack of electricity, poor workforce are reasons investors do not choose PH -- investment banker 

Thank you sa reality.

Sobrang corrupt talaga.. lahat na. Kung hindi lagay, ninanakaw, kung hindi ninanakaw, May threat.

Thats the reality, kahit araw araw pa pupunta ng ibang bansa ang presidente na hikayatin ang mga budinessman na magnegosyo dito sa atin, walang mangyayari. Ayusin nila ang mga problema dito, kusang pupunta ang ,ga iyan kung ayos ang ating bansa

the election of bbm, ay nagtipon tipon ang mga trad politician, na pulos kurap. Ayos! yan na, sinabi mo na. Tama po kayo

ung share pa ng business profit para sa government.... anlaki

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phililpines will remain a third world forever cause we dont have the will and we are not smart enough. dirty country, dirty cities, let alone managing the economy

Neda dapat Ang meron info to move forward Ang economy

yeah Philippine path is backwards, before Philippines were much more richer than her neighbors, now the neighbors are way richer

tama, lagi natin sinisisi ang world war 2 sa pagkaiwan natin, which was almost 80 yrs ago. ang vietnam nagkaroon ng all-out war less then 50 yrs ago and they should be worse than us but look where they are now. they are just more resourceful and madiskarte than us, to put it simply. tama na dapat ang pagself pity natin at kumilos na tayo bilang bansa.

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@@scuunjieng "It's not about English language skills, but comprehension that matters." You nailed it, sir! I am a Filipino-Canadian working here in a food processing company. Some of the high-ranking technicians and mechanics in our company are Vietnamese. I can attest that they are really good at technical and mechanical stuffs.

@@LifeOdysseyMotivation thanks

@@scuunjieng You are welcome Sir Scuunjieng.

Lowering the cost of electricity, increasing comprehension of students, elimination of layer upon layer of bureaucracy in the government seems readily fixable, but, as a foreigner looking inwards, I'm not sure the elite of philippine life really want to fix these problems. As if there is an inertia not to change is what it appears.

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This is so much true,ang dating pa nga is parang “nagtatago sila sa saya ng mga OFW”, in short, they are making excuses by hiding the true problems of the country.

True

very well said. 100% true. very sad to think. Corruption to the core.

phililpines will remain a third world forever cause we dont have the will and we are not smart enough. dirty country, dirty cities, let alone managing the economy

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Di ba ito yung nagsabi dati na we don't matter to the international community regarding another Marcos presidency? Nan laki mata ng anchor nun 😁

same.

​@@miaya3898May point naman. Masyado lang kasi mataas ang ihi ng mga pinoy. Pero even si Teresita Sy of SM admitted I think during the Davos, WEF that the PH is really is just a small peck of dust in the whole family of economies in the world. We don't indeed matter for one, hindi naman tau kasama sa global chains ng logistics... Truth hurts.

Engot, we should rally and gather enough momentum and make himself the president

Yes

Selfish brats. Pinoy mentality is so weak that they would exchange patriotism for thier selfish agenda. Makikita talaga kung uunlad ang bansa kung ang mga namumuno nila hundi gahaman sa kayamanan at kapangyarihan.

Agree and that’s why their dealings with the US government is so suspicious. They are not thinking about the good of the people but what’s good for themselves. They will ensure a luxurious “retirement” for themselves while the people will continue to languish. Sadly many do not, or refuse to see this, because they play the national pride card. There will be national pride when the priority is the well-being of every Filipino and not being offered as sacrificial lambs on the altar of US ego. As Mr Cuunjieng pointed out so much needs to be righted internally.

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I hate to make the comparison between the US and the Philippines because we're talking here of apples and oranges. The only reason why I mentioned the US is because President Biden himself took charge by implementing his Infrastructure Act in dealing with the country's antiquated and poor infrastructures: roads; bridges; internet and yes, bringing electricity to rural areas. My point: Can the president of the Philippines convince his cabinet to provide much-needed infrastructure solutions with electricity as the starting point? Something has to be done about resolving the ongoing issue of brownouts otherwise the Philippines will continue to languish as a "third-world country."

The ph govt is the cancer. Let’s be real about it

HAHAHA TANUNGIN NYO ANG PRESIDENTE SI FIRST LADY SI MARTIN ARANETA " SI ROMUALDEZ !! HAHAHA !? SIGURADO NA ALAM NILA ANG SAGOT,!!

HANGANG THE ROTTEN PILIPINO BUREAUCRACIES ARE IN PLACE LIKE LAGAY DITO, PADULAS DYAN, WALANG MANGYAYARING PAG LAGO NG KABUHAYAN ANG MGA MAHIHIRAP NA PILIPINO? TOO MUCH CORRUPTION IN THE PHILIPPINES THAT BIG TIME INVESTORS ARE HESITANT TO COME IN? AS DOCUMENTED BY SOME START UP ENTERPRENURES THE BAD EXPERIENCES THEY HAD DEALING WITH THE PHILIPPINE BUREAUCRACY IS ALMOST ALWAYS A GUARRANTEE THAT A BUSINESS OR BUSINESSES ARE DOOMED TO FAIL! CORRUPTION HAS BEEN INGRAINED FOR SO LONG THAT IT MAY TAKE A MIRACLE GET RID OF IT FROM THE WAY OF LIFE IN THE PHILIPPINES? THAT IS WHY PILIPINOS WHO WANT IMPROVE THEIR LIVES HAS TO GET OUT OF THE COUNTRY AND ONLY RETURNS AFTER RETIRING?

"Great" country lol🤣

I think our geography plays a bigger role to how underdeveloped we are. Our scattered land masses surrounded by water and uneven land is a logistical nightmare. It makes the transportation of goods, commodities and even workforce expensive. If we weren't an archipelago and most of our islands were connected, we would be as developed as Taiwan.

I found that most of the "hard working and intelligent" people in the PH left. Most workers in PH nowadays are incredibly lackadaisical about doing their jobs. Go to any store and you notice this immediately compared to Thailand or Vietnam.

Corruption in the goverment is the primary reason

​​​​@@fukun5773, It is just an excuse. From the island dispute with China, one can see that Philipines, which has more than 8000 islands, does not want a neighbour which can benefit Philippines greatly.. How foolish can it be?

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Salamat

Thank you so much

namulat ako nung 90's palagi sinasabi ng mga teacher namin pag graduate namin ay dapat sa white collar job...

It's actually the lack of interest in politics that got us here because we have let corrupt politicians sustain their positions and, for some, regain power. It's having strong checks and balances in government. Singapore is a prime example because no one is above the law. Everyone, regardless of position, is penalized for violating any law. In the Philippines, we let them get away. Pinagbibigyan.

phililpines will remain a third world forever cause we dont have the will and we are not smart enough. dirty country, dirty cities, let alone managing the economy

very understand

The market has been a turmoil since covid, the brief relief rallied for only a year and now the devastating effects of pumping trillions into the economy is here and will be for a while.

Fixed income and treasuries may work for you while you try to figure out the next entry point for stocks

It is always good to have a balanced fin-plan. I work with a professional planner and fixed-income strategist in NY. the fixed income portion of your portfolio won’t simply serve as a buffer to the volatility of the equity portion of your portfolio, but will provide legitimate income.

@Jennapeters144 Who are you working with please?

LOREN LENA WALKER, advanced lady in 60s or 70s and professional, reserach if you care for supervision.

You're opinion is spot on.

I definitely agree with you. It’s just so sad that we will never recover from this predicament.

corruption also prevail in private enterprises albeit to a lesser degree or limited to top management

this reflects on the people , they are all corrupt,

corrupt government is a reflection of corrupt citizen

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The government is always in denial. They don't acknowledge the problem. Busy pointing fingers whose fault it is. In the end, no solutions were made.

phililpines will remain a third world forever cause we dont have the will and we are not smart enough. dirty country, dirty cities, let alone managing the economy

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Mahalaga rin ang transport infrastructure for an archipelagic nation. How do you move people and goods if you don't have good logistics? Transport has been being prominent in infrastructure, and I think there will be a shift towards utility infrastructure investment.

@@herrkommandank675 agree also critical

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phililpines will remain a third world forever cause we dont have the will and we are not smart enough. dirty country, dirty cities, let alone managing the economy

when you wanna be a amurikon stuge , there is no way out to your misery , get atached to good friends and you will booming, the russians got nuclear power that can make power free for your people , you are what you wanna be poor , THE SUPLYER OF CONFORT WOMEN FOR AMURIKON WAR MACHINE

phililpines will remain a third world forever cause we dont have the will and we are not smart enough. dirty country, dirty cities, let alone managing the economy

NGCP owned by chinese

Tanong mo sa dilawan yan. Kung may utang ang ph bakit binenta ni cory sa mga kamag anak nya ang meralco. Kasama sa shareholders mga dilawan at si len len kaya against na against sa pag papababa ng kuryente gaya ng nuclear pp

Actually, the cost isn't the biggest challenge. But, the reliability is a MAJOR detractor. In most businesses, brownouts equal lost income.

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I love that he didn’t jump on the band wagon of patting ourselves on the back which the interviewer was pushing him towards. He elegantly sidestepped the trap and told the hard truth. We are not the best educated workforce simply because we tend to speak English (which we always extol about ourselves). Our energy grid is subpar and expensive. Worst yet we can’t execute well. It’s more fun in the Philippines as long as you’re no investing.

One more thing; the interviewer was aggressively pushing the narrative that OFWs are heroes. No they are not. They are economic refugees we have created. And we are holding their families as hostages with weaponized poverty. We ought to creat less “heroes” in our country

@@timfleets9384 many thanks

@@timfleets9384. So true. The interviewer was very defensive. She didn’t like what she was hearing … the hard truths. Her constant interruptions with “to be fair …” was hair-pulling annoying. I totally agree with him on the 3 salient points holding Philippines back. Esp the social cost of “exporting” workers. Misguided national pride can be highly destructive.

Deeply appreciated

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Many thanks but just an investment banker not a brainy academic!

Not happening. PINOY Ego alone is there to stop it. They want changes but when they are changes there are alway Pinoys who don't want to follow them.

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and the interviewer seems to be annoyed by it.

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Not just blind but deaf mute also.

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Ds man s agents /ambassador of Vietnam. Not deserved 2 b n d Phillipines.

​@@franciscoverra2307 I watched his interview last year... what his advices is very different from what happenning rights now...now geopolitics have a big impact to economy..

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So true ! Just frustrating

Pignoys will always be pignoys. There's a reason why pignoys have the lowest IQ in the entire Southeast Asia. All pignoys want in life is chismis and religion.

AMEN! weak and henpeck leader will just makes it worst.

Thats the reason why foreign investors are not coning.

​@@constantinecaacbay5287LOL. The reason why investor doesn't want to invest to our country is because of economic restriction. Sino bang gustong maginvest na 40% lang sayo. Walang controlling power tapos mamumuhunan sila? Ayaw ninyo pabago ang sistema tapos isisisi ninyo sa mga pulitiko eh yun din ang sistemang ginagalawan nila. LMAO

I think one of the main reasons is phillipines considered as logistically nightmare. It's far from mainland Asia, so it's costly to ship goods and takes time. Vietnam easily export the product to neighboring countries via land, its cheaper. So Investor see Vietnam is strategic as Asian hub.

@@sekar9901hindi lang yan nasa mindset kasi yan. Ang mga Vietnamese parang Chinese sila, business minded and sobrang sipag talaga nila. Mas masipag pa nga ata ang mga Vietnamese kesa sa mga Filipinos. Mga Filipinos kasi mahirapan lang sa isang subject or bumagsak lang, mag drop na ng school tapos mag-aasawa na hindi man lang nakatulong sa ekonomiya

@@abrqzx medyo mas may sala pa rin sa akin yung original comment. naalala ko yung mga awards na binibigay ng gobyerno sa mga bureaucrats for doing the bare minimum. Ganun din sila sa mga investors hingi ng abono for every step kahit expected sa kanila

@@JohnM-ch4to Vietnamese people are educated kasi either in Vocational or Academic kaya mabilis mag grow GDP nila. Dito kasi sa Pinas, laganap pa rin katamaran ng mga tao. Katulad ng sinabi ko, madaling sumuko ang mga Filipino even in small things like dropping out of school because nahirapan sa subjects like Math, Science, or English tapos diretso asawa na. Also, hindi rin kasi business minded mga Filipino, consumerism ang mga tao like gastos ng gastos hindi nag iinvest kaya as a result, ang cycle ng poverty never ends.

@@abrqzx put it in perspective din na underpaid yung teachers, lack of funding in proper facilities, and lack of a good school environment for kids. 60 teachers to one student, sa covered courts yung classrooms, magaganahan ka bang matuto kung ganun? Pano kung gutom ka? makakapag aral ka pa rin ba? Vocational education should help. May TESDA pero walang improvement, no direct transition to employment. Sinisimplify mo katamaran nang Pinoy at oo tamad sila pero kung hindi mo iintindihin sitwasyon nila, hindi mo nakikita na wala silang suporta.

Salamat!

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Do you think the likes of Robin Padilla would be able to comprehend what Mr. Cuunjeng is saying? We deserve the clueless leaders we have. They were elect3d by Filipinos. Democracy is a burden in a country like the Philippines.

@@alexvtan , Unfortunately, democracy is not the problem. It is a management problem.

@@markrogerobrince2654 Democracy is a problem when you have a largely "illiterate " electorate havin a lot of say in the poliical future of the Philippinex. How do you explain the Pacquiao or Robin Padilla winning a seat in the Senate.

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I think everybody knows that it was neglected so the question now is - what now? How?

Exactly.

The Gov't would rather prioriize real estate business than agriculture because the real estate investors gives them commission of course. Our gov't is lazy. Only wants easy money and not hard earned money , as it is difficult to manage agricultural land and that is why the government wants other agricultural land to be converted into real estate businesses.

I'm a CARP beneficiary of 2.80 hectar ricefarm awarded 9 years ago but my profit is not good, having delinquency on my Landbank obligation.. these were the reasons in my experience: 1.) high cost of farm inputs.. 2.) palay price always low.. 3.) typhoons and droughts is very devastating.. 4.) lack of available reliable technology.. 5.) govt. subsidies, supports and programs dont have major impact.. 6.) labor force becoming scarce because much of the new generation dont want there celphone stained with mud.. 😢 I'm an agronomist by profession and is currently working in a sugarmill for 29 yrs. as a crop inspector but my credential does not give much farming improvements.. it is directly caused by this 6 basic issues mentioned.. one obvious example of poor govt. agricultural program is our mountainous town is just 40 km away from the La Granja new cane variety breeding station producing hundreds of 2000 series of new varieties... but 70% of canefarms in our town were still planting 1980's old varieties because new ones is very expensive, likewise less or no much effort for govt. authorities that introduces or bring this new varieties doorstep to rural farmers eventhough its just few kilometers away from the breeding station... more and more farmlands now rapidly converted into residential or commercial..😮

you could build dams or something canals or ponds look like in india you could watch them in water foundation projects

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​@Gaurnjl this is huge! would love to grow my reserve regardless of the economy situation, my 401k has lost everything accrued since early 2019, at this point, i'm in need of guidance, can you point me?

I don't see BoC dropping rates even if inflation get's to it's 2% target's or even lower, when BoC did pause home buyer jump into the market faster then supply could keep up making home not only rise but jump in price and bidding, also keeping rates high let's banks and lenders have very high profits do to many home owner paying interest only mortgage payments and adding to they balance for years to come

​@GaurnjlGreat actually. I am one of many private clients under KAYLA TABITHA RODRIGUES, with private invsting I made over 500 grand, 200 is ready to redeploy back into the equity and money mrkts in the ratio as rebalanced by Kayla. You are welcome.

Thanks for the share! copied and pasted full name on my browser, effortlessly found her, very professional. I got some feedback hope to speak on the phone soon.

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Ganyan mga buwaya sa pinas😢😢😢

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ooof. is that a compliment? Let Stevie be Stevie!!

@@pushslice Agree, no doubt it's a compliment.

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agree. Thanks also to Ms. Cathy for not tearing up during Sir Stevie’s heavy and honest dose of brutal reality for a longer length of time than in ANC. I learned a lot Sir Stevie. Thank you!

@@joeyarcher3263 many thanks

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Poor work force.buong mundo sa Pilipinas kumukuha ng laborer.

But by recent assessment our new graduates and workers are lacking in skills, knowledge and comprehension. Our education system needs an upgrade. I think our big population is unmanageable.

Like what was mentioned in the intervirew. Yes there are successes and success stories but we have to consider the ratio, how many people are up and how many are down. Your success was because of your mindset and your hard work, give yourself credit for this. :) great job.

Not applicable in manufacturing of products. Try manufacturing in small scale in Philippines and you will experience so many obstacles like corruption from govt top to bottom especially if you are a foreigner.

​@@KO-jl3mgMany Filipinos are successful when it comes to IT/Computer Science careers. In fact the Philippines is second to India when it comes to software development outsourcing.

One of the problem that the IT Professionals have in the Philippines was the countless useless and unrelated subjects that we have studied at University. As a System Analyst who graduated BS Information Technology, majority of the subjects I studied are pretty much useless. There are only 2 subjects that was somewhat useful to my career. Education system really sucks in the Philippines

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Really hope not. I want local farmers to starve. 😀

@@miaya3898 they probably share the same opinion of you. I don’t know you or your circumstances but I don’t see any reason for such mean spiritedness

@@miaya3898 wow what a troll

@@TheWatcher1009 trolls are better at growing food than our farmers 😁

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​@@scuunjiengim an ofw who works in Singapore and I lament that the Philippines sell its people cheap! We are not cheap..we are capable as any competitive Asian.

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Deeply appreciated

Campaign against the political dynasties, best thing you can do.

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You nailed it, these mega companies are ove of the reasons why we don’t have investors coming in my opinion.

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Alas I don’t think my personality fits government work

and let his reputation be destroyed by being scapegoated by elected officials or by ridicule of the anti-intellectual masses. The Philippines is no place for competent people in government.

@@uncommon_name9337 there is that too

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Yung Tagalog ang maging mode instruction para umangat ang quality education, is only partially right. There are many reasons why Fillipinos are DUMBER than other countries. 1.) Culture - Pinoys are slackers, rarely starts on time, and loves tsimiss. Most classes, mas interested pa ang mga students and TEACHERS talking about entertainment than on main subjects. A lot of stuff is wasted in this culture ng mga Pinoy na mahilig sa Tsismiss/Entertainment. Pinoys make fun on those who study hard, but praise more those who do well in sports or who sings or dances (basically entertainment) THINK of a time na sa isang klase walang LONG talk about love, crushes, and Joking around etc. Again they do it in class. Most of the time meron And so much more na Pinoy culture --crab mentality, inggitin, social climber...andami. We even make fun of people who speaks english due to accent, grammar etc. instead of just let people speak and practice. Sa ibang bansa they look down on people who are not good in their academics or who are clowns in class...sa Pinas, baliktad. Kaya Pinoys are generally DUMBER . It would take cguro 50 years for the Philippines to be in par with smarter countries. Kasi what makes Pinoys dumb is the culture. 2.) Pinoys are undernoursihed--- If you look at what most Pinoys eat, it;s mostly street food, and fried foods that is KUNG meron man silang makain. 3.) Government

Nah. Ano sila batang susubuan pa?

​@@miaya3898para magising ang Pilipino sa katotohanan na bulok ang sistema

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Better not😂

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