THE RISE OF THE MITI-V

The rise of the MITI-V and the fall of the Philippines?

Correctly, many indicators recently, and many times in the past, shows that we have been plagued by our loss of FDIs, and the farther closures of operating plants and investors in the country as reported in news and media outlets. Those were things that were so loud that made the country farther fall to our economic problems, that higher cost, poor performance of our currency, depleting  foreign currency reserve, and the rising BOPs due to peso fall.

While Malaysia, Indonesia, Thailand, India, and Vietnam are already on the rise to become the NEW CHINA , as the factory of the world, the Philippines is rolling down the drains with it business in drugs, corruption, senate and congressional hearings on impeachment cases, and still berating foreign nations of their pressure and intervention to our human rights and political affairs are things that do not make the economy.

All our neighbors in the regions are already bustling with more inputs of  marching foreign investors migrating to their soils, yet, here we are, busy  of going to change our constitution, going back to square one, with all accomplishments and advances on hold.

We must do the reverse. Let the congress find legislation that will address the increase of factories, local and foreign investors, to make business more conducive, favorable and interesting int he country. Demolish regulations unkind to businesses, neither suspend them for moratoriums until a level of wealth for the country is reached.

What is wrong with our country?

We are recently pressuring our Jeepney drivers/operators to modernize their utility vehicles, yet, we are going to import everything these vehicles and components by the use of our dollar reserves?

Jeepney modernization is one advocacy that should start car manufacturing in the country, and not a modernization for the profit of Japan economy. 

Manufacturing is a sign to become a factory of the world as conveyed by the character of China her superpower character.

THE RISE OF THE MITI-V