Monday, August 7, 2017
MANUFACTURING
Manufacturing is a need in the Philippines.
The government must look into the sector of manufacturing, as it is the needed sector that must be grown well in the country, as it is a generator so to speak of jobs.
Not only that, Manufacturing is a means that will increase exports and grow more the product base of the country to counter importations that protect our position in foreign reserves.
Like for example, China has taken great share of our foreign resources made by our importations of their products. Do you think if we have the same product they produce, would make us need theirs for import?
Slowly and progressively, we need to start the manufacturing sector and increase them widely to counter balance our needs of foreign products.
It is observed that almost everything now is made in China, and by this nature, we'll need counter measures to avert the situation, and equalize them in these areas of manufacturing.
Job generation is the reason for our choice of the manufacturing sector, it is a kind of area that will solve unemployment in the country.
The record of Japan is one source to get manufacturing as the lead sector for employment. Their 1 million small companies was already staggering to know that the micro and small business sectors were the ones that had solved their labor supply surplus, and the sector that had created well their economy for a good position globally.
China has gained much on the resources of their population, that their billion people had become the resources of their giant economy.
In the Philippines, manufacturing is the gateway to prosperity. Like those other countries that has done greatly in their industrialization, their economy have grown well by the use of this sector.
When we look at china as a powerhouse and a bully today particularly in the SCS, we cannot do anything because their wealth is great and massive, that they can afford with advanced war materials for their disposal, compared to us that has nothing.
Actually their behavior recently in the 50th ministerial meeting in Manila that they have now enough muscle to speak of and dictate the draft proposals in the sea code of conduct to be again started in November 2017.
To attain the level of China today is through the means of going through manufacturing as the road of wealth.
Unless the Philippines will gear to the idea of manufacturing, we will never get into the condition that we cannot be persuaded easily if we have that power of great manufacturing and wealth.
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