INTERNET SATTELITES OF CHINA

 

The constellation satellites created by Elon Musk, known as the Starlink, are a big leap in technology, which makes the US's leadership  in this field unmatched.

But just recently,  China didn't like to lag behind; it was a battle of  leadership and supremacy against  the US that they intend.

With the recent launch and aspiring in space technology, China is not so far behind. It wants to take the throne from the US in whatever way possible. They made efforts to solve their acquired technology through theft, and there it goes: They are on their way to low-orbit satellites to install about 15,000 of them.

I really admire the hardships of the CCP, and by estimate, it will not be long before they will be at par with the US in all aspects or more.

Our viewpoint:

As a country, our government and those elected officials should likewise dedicate time and effort in looking at the ways of China for the benefit of our country and people. Ways to become powerful in economy and military.

The acts of corruption are still the reason of our slow growth and our dis-interest in technology and manufacturing  makes us unable  to  defend ourselves in the WPS  or even in disasters by the lack of our assets and capabilities and technology.

 We still live in the era of corruption that we cannot support our national security amidst the bullying of China in our own waters.

The trouble with our governance is the lack of aggresivenes of our leaders in meeting the challenge. We have already known the differences of country, cities with China, Singapore, Thailand, Malaysia, and even Vietnam. Their modernity and advancements in infrastructures alone indicates our weakness in good  governance.

THE DEFENSE AND SECURITY

 

The events in the west Philippine Sea is a matter that our interest should be on the alert for national security.

We are outnumbered in coastguard patrols, and by this problem, it is logical that we should turn to our capacity of our local manufacturing 

 for building more coast guard ships of about a hundred meter in length whenever feasible.

Our practice of buying foreign made ships should be reduced and increase our local manufacturers participation in building more to gain strength in our sea patrols.. 

It will be good if we can attain to as much as about  500 to 1,000 coast guard ships and navies as target to reach a level that  we will be feared and respected.

There are opinions that our condition do not support the atmosphere of our defense industry. It is time that this industry should become part of our economy knowing that with the global peace and security conditions, there is a demand for these crafts. A surplus of our production will create a climate of defense and security market.

It will generate employment, hone our local technology, foreign currency savings, more revenue for the government, and a performance of  GDP in general.

TRUMP TARIFFS

 

The logic of Trump is correct in tarriffs.

The opinion that the American consumers will hurt the most is actually wrong. Most commentaries in the social media and news sources is wrongly saying that the consumers in america will suffer is unfounded and totally bias.

US consumers has freedom what to buy, they are consumers, and they choose what they consume. Therefore, it will result to less buyers of expensive goods. Naturally none will buy products of the same kind which is pricey.

The losers in this situation will be the foreign goods by making their product unsellable to the US market, that's the truth. The media should speak on these terms that foreign goods with high cost will no longer be able to sell because American buyers will not place orders.

Media is giving wrong answers to the question on tariffs. They always give the wrong answer.

Politically, they want to paint a band leadership of Trump. I can say that this is the first time that Europe are surprised by leadership of Trump, and it only shows that the US President is not swayed by any influences that giving them nightmares right now.

If tariff is bad for America, why Mexico and Canada is in panic right now? Tariff is a leverage for the US and none can argue with that.

The US is the biggest buyer of goods all over the world, and if US stops buying, Countries will suffer.

 

CHINESE PORTS AROUND THE WORLD

 

China's international port acquisitions involve strategic economic, political, and military ambitions that, as most analysts and experts suggest, would allow China to take a strong lead and control not only global trade dominance but also coercion when needed.

There are more or less a hundred ports worldwide that China owns, controls, or has a major stake in, which gives it the right to use them for military purposes when times require, as likely will happen, many would say.

Its port in Djuobuti is now a Chinese military base after it was used for trade and later became a military base.

The Khalifa Port in the UAE is another example, as China has made projects. Given these events, which reveal China's true intentions, it is very alarming to trust China with its port ownership or acquisitions, which are now suspected to be entirely unknown to the UAE government after the US intervened.

Therefore, given that these events reveal China's true intentions, it is alarming to trust China with its port acquisitions, which are now spread worldwide.

The problem with the BRI projects is the loans extended by China. Still, in reality, the projects are consumed by Chinese Loans, contracts, and labor, and the receiving country is disadvantaged. 

Under the mask of BRICS, China is utilizing these trade alliances to defeat the US dominance in trade first and later in military power after it acquired ports, projects, and loans that would subject countries to its influence and power.

For now, the situation is seen as an intent to greater cooperation in trade with countries in BRICS membership, but we suspect that China will eventually take over power once times come up, and these member countries, who are weak and powerless, will become their subjects.

Now, in retrospect, the Philippines should skeptically see these developments, knowing that China's moves are very evident and that not in the long future, our country will be confronted by the reality that pressures and influence in trade for its overcapacity is somehow a factor that our thinkers should immediately consider for study and consideration.

The country should likewise engage in more intellectual advancement while filling the gap in technologies we still lack. Yet, the moment is now that our sectors should be called upon to assess global developments with countries that are on the move of claiming powers over all, like China.

As we insist, the country's manufacturing sector is very low in activity, and the volume of products of all kinds should be encouraged for all its citizens, who can create and make them all prosper in the name of relaxed regulations and control.

It is now the time to revolutionize business, manufacturing, trade, and technology, which would give us the leverage to compete globally and make us respected all over with our brands and technologies, products that could influence other actors.

Sometimes, it is observed that our rules and regulations, requirements for start-ups, and incoming local investments are discouraged by the huge hurdles in the ease of doing business in the country. There must be a channel for local micro investors that can thrive successfully in sheetrock and areas of our economy that will make our growth tower in these times of need.

Government agencies, offices like the DENR, DTI, the  DILG, and other regulating bodies in the government should extend their hand in reaching and helping the difficulties of start-ups for local and small businesses. We see that this country is far from being mature in our global trade, and it will take a while before most of our companies will become of power in globalization.

 

This recent event in the West Philippine Sea, where a Chinese coast guard ship had water cannoned our Philippine vessel, is a signal for the government to shift its policies towards increased defense budgets for national security reasons.

The policies intended or proposed herein for  study or consideration by our officials shall embrace approach that will benefit the economy of the country as well. 

Defense and Economy.

Defense and economy shall be intertwined. To attain economic stability, defense expenditures shall benefit technology, jobs, skills, local talents, and foreign currency savings to improve the economy.

We should first manufacture our naval and coast guard ships to the advantage of Filipino-controlled corporations and businesses and then acquire those technologies abroad through partnerships on FDIs.

 Local Manufacturing is very significant, as it will cure the country's unemployment problem by building defense industries that will spur commerce all over the country. Imagine the demand for parts and machinery, and businesses will flourish, creating many jobs.

The problem in the West Philippine Sea is a sign that our government should hastily improve our defense capabilities not on the revenue of foreign countries, but for the benefit of the Filipino people earning technology and  the economy, not otherwise, which is the current setup.

We should view our defense programs and actions to align with the country's economic prosperity. It is a matter of priority that our financial problems will not be affected by our spending on defense budgets, 

Because of the current state of our economy, it is imperative that our government take initiatives and actions that will serve our people's interests and improve their living conditions. 

THE SUPPLY CHAIN AND THE PHILIPPINES

 It is in the country's best interest that we maintain a positive discussion about its economic concerns, which will improve the conditions of our people and our capacity to navigate the world of wealth and politics. 

While the country is suffering on all fronts regarding our ability to exist in trade and politics, actions must be undertaken to remain strong and resilient in the challenges of the onslaught of economic windfalls.

The problem of supply chains controlled by China threatens our survival and will remain a threat unless action is taken to control or manage the situation. In this problem, the government should infuse liberalized policies and regulations on businesses, industries, and manufacturing, which these sectors should be focused on by the government.

The liberalized business sector should carefully balance our liberalized import policies, especially in exporting products. Maintaining this equilibrium is crucial for the overall health of our economy.  

As all countries are concerned about China's handling of the supply chain problem, the Philippines has a crucial role to play. We must guard against the supply chain being controlled and monopolized by China, ensuring our own economic sovereignty.

Therefore, our government should liberalize the private sector and private enterprises to achieve the goals of growth, superiority, and dominance in the region. By the way, the constitution's goal is to provide public welfare for our people; therefore, the government must emphasize this sector more to achieve GDP growth and an economy superior to others.

POVERTY INCIDECE RATE IN THE PHILIPPINES

The recent PSA report on the country's poverty incidence is worth noting. This matter is a significant factor in the government's policymaking regarding the current data impacting the country. As revealed in this survey, we must resolve the conditions of poverty of

our people.

This matter should pay attention to studies and strategies for our concerned offices, particularly the executive branch,  that immediately take action to address the problem.

As this matter emphasizes the injection of new measures to combat the country's poverty problem, it is therefore desired that the people actively participate in shaping the policies that should be prioritized by the government with the participation of the private sector.

Business.

The government should now redirect its policies to promoting the private sector as the crucial means of resolving the problem. As embodied in our constitution, the role of private sectors and private enterprises must shape the landscape of our economic growth and productivity, paving the way for a better life for everyone.

This opinion is based on the recent article ZAMBOANGA BARRM THE POOREST IN THE COUNTRY

 As needed, business activity in the country is at its weakest compared to China, Indonesia, Malaysia, and other countries in the Southeast Asian region. There has been an explosion of information regarding these comparisons, and something must be done to level the playing field for us.

Compare the countries around us, particularly Vietnam, which has already surpassed the country in terms of economic growth due to its foreign investments, which is becoming a matter of concern for the governance of this country to seek the goal and security of our people.

While these facts and data are presented to us, action must be taken, and a priority condition should be made promptly.

MANUFACTURING

Manufacturing needs to be our government's priority. Without a solid manufacturing base, our economy cannot hope to lift our people from poverty.

Manufacturing will solve our economy's problems, including foreign debts, inflation, employment, and technology, which will help us provide public welfare for our people. 

Export

The export economy is the best of all because it is about strengthening our financial freedom and the power to not be bullied by foreign economies; it is about self-reliance and independence from foreign sources. It is National Security.

So, the poverty incidence report is something that our government should shift focus on industrial sector of our economy. Because it is only by industrialization of our economy that our country can help our people to have jobs, income and all opportunities that will eradicate the incidence of poverty.

 

The invasion of foreign products

 We are looking at a massive economic miracle unfolding in China. We should take notice of this impressive growth that any country should also embody in its laws and policies. Similarly, we should catch up with the distance that China is creating everywhere in the world.

For example, the vast production of EV cars going to the EU has attracted attention among members, and they are not taking preventive actions to protect their local car industries that must be saved from this onslaught of cheap EV cars from China,

There is a political touch in the situation that is hidden as the agenda of the CCP government that the EU should know more. Economic is the leverage of China in promoting its products in the EU, and there are always consequences to the matter when it comes to these political situations that are seen appearing on the horizon.

The matter of EV cars has now attracted attention in the EU as they will investigate the subsidies 

 being laid by the CCP for its EV manufacturers with the goal that cheap EV cars will kill the local manufacturers of Europe and consequently, they will dominate the landscape eventually killing other economies.

The best is yet to come with the recent concerns of the EU with these EV cars flooding their local market, that the forthcoming BRICS will pave the way more for this problem that the West will suffer more, if not greatly, under the full effect of the BRICS. Hence, the reflection of President Trump of the United States is that his America First Agenda is so far correct as this is now happening in the EU in the spike of the EV cars alone, and the EU first agenda is rising.

My proposal regarding EV cars flooding the European market now is the same as my appeal to our government proposal to act similarly to that situation in the EU.

Unless this government embraces technology or encourages our local talents in the fields shall be a good way to start this idea of progress for our economy. Unless the government loves and calls everyone to become industrialists and appreciate little products that we can turn into dollar-earning capabilities, there is no such hope for the future that this country may achieve without technology and enterprises.

There is a lack of interest on the side of the government or the public sector to patch the potentials of our people in entering the trade and industry capabilities of the population and start-up milling manufacturing in the country to save the country and put forth progress for every Filipino. embraces 

THE SUPPLY CHAIN AND THE PHILIPPINES

The pandemic season revealed that our government should pursue policies to protect the public interest and national security.

Given its significant manufacturing capabilities, China's supply chain dominance is of particular concern. China effectively controls the global supply of essential goods.

Given that supply is a critical factor for survival, we must initiate a substantial shift towards local manufacturing. This will help us gradually reduce our dependence on foreign supplies, thereby fostering stability and sustainability.

Therefore, with this current situation, the government should encourage and devote more of its energies to its local capacities, such as local capital and entrepreneurs, and invite and encourage many to engage in businesses and commerce to prop up the products that would balance this country's deficiencies.

There are wide varieties and spectrums of investments in traditional, modern, or advanced technologies that we should incur to reach the level of stability and self-sufficiency in domestic, business, and military that the country will benefit from immediately at this period to cope with the impending crisis ahead.  

peso falling against foreign currency

 Our government should intervene in or take action regarding the current situation in the US and the peso currency exchange rate to avoid economic collapse for the country and for the sake of national security. This expression or suggestion is an intervention for economic policies that should be undertaken to abate the continued destruction of the Philippine Peso against foreign currencies. The country lacks a manufacturing base or export industries to counter and balance the demand for USD, which continues to hurt the economy where inflation is at dangerous levels.

Unless drastic measures are undertaken or economic policy shifts for the country, the spiraling effect of the falling of the peso currency against foreign denominations will spark collapse and destabilize the condition of this republic.

As of now, the peso falling against any foreign currency will impact the lives of our people, and such consequences must be met with a firm government policy or a change of course in the current situation to avert anything dire at the moment.

Manufacturing

The country has very low manufacturing activity, or this sector is neglected, knowing that it is essential for economic progress. Trade imbalances between imports and exports are causing the peso to fall, and the government must understand that it should immediately install long-term protection for the peso or the economy by leveling exports and imports or, as much as possible, exceeding them and creating a surplus. 

Relaxed business regulations

While we consider our manufacturing sector an infant compared to other Western countries, particularly China, the government must consider or recognize that we should issue moratoriums on all industries. At the same time, we will move towards the level of industrialization goals. We should not apply strict regulations that discourage start-up businesses because start-ups cannot comply with the regulatory requirements of companies, causing them to close operations. 

In many areas of the country, whether urban or provincial, the government should refrain from shutting businesses because they are not faithful to regulations. While it is true that rules are violated, governance must not intend to shut businesses down at once; more so,  they may be granted periods or due consideration of recovery and rehabilitation of the climates businesses are facing or battling. To save the economy, small start-ups and struggling industries must be saved instantly by the government by granting rehabilitation periods to overcome marketing challenges and save the sectors that naturally are confronted by the ups and downs of market trends that affect them.

The government should consider the conditions and factors that entrepreneurs are fighting to keep and survive in their own fields of industry. The administration should understand that the law of supply and demand is a factor that commerce has to deal with, especially in international competition where foreign currency inflow is the goal.

Government agencies like the LGUs, the DTI, the DENR, and all other component bureaus and agencies' role in regulating industries should consider that industries must be kept alive and running. All should be included by knowing the situations of companies facing bankruptcies and closure due to market conditions and completions abroad. The good government policy should be that no businesses must close shop; instead, keep everyone alive and running for the sake of social benefits for all the population. While finance and cost operations are the main problems of an enterprise, it is not always in the country's best interest if no industry is left.

Remember, our goal is to have multi-millions of industries running in the country that will eventually surplus this economy. We understand that compliance of businesses with the government is the core  problem, but it is not always 

During this period, the government must not kill industries and save those that are failing. We understand that failing companies have lots of troubles and problems emanating from their management, resources, and other reasons not positive or healthy at all; still, the policy must be to save the skill, technology, and know-how of the business or the industry that must be saved. The government can introduce cures to companies that are failing or may subsidize them to keep the technology alive and look on the positive side of the endeavor for the country's benefit. there is employment, GDP, lessening of trade imbalances, and reducing demand for foreign products that are killing the peso rate exchange, thus saving our foreign reserves.

RED CARPET TREATMENT BY INDIA ON US FIRMS

With the news and developments happening in India at the moment, that this country is hell-bent on taking the biggest portion of foreign firms leaving China amid this pandemic situation, and in consideration that the US is very serious about resolving the supply chain of the world, is a highly significant occurrence that our government should put attention to and make strategies and solutions to our current economic state plagued by low foreign investments. 

Instead of adding more, the country is losing more. The closures of Japanese car plants and other big tech giants exiting our country sends a bad signal for American firms to put this country in their radar. 

Practically, there is no trade and economic policies that our government is doing facing this chance of having the bulk of American firms invest in the country in the hope of making it as the hub of  FDIs as a long term economic plan beside this pandemic is not shared positively for us.

While India is doing its homework, the Philippines is very unable caused by the previous statements made by the President and his animosity with the US caused by its human rights records that created this gap. He personally and openly declared his separation from the US from his previous state visit to China and for the lack of regard on defending the economy against the onslaught of imbalanced trade particularly with China and its onerous loans incurred, that it is very difficult now for the Philippines to return unless a change of government policy is taken as soon immediately.

It becomes difficult for the Philippines to benefit from the exodus of American firms now  about to flood India because of the circumstances given.

Our declining economy amid the pandemic is a matter of concern, that with the size of our trade, we are already in the brink of losing our balance, that something must be done to spur the business sector and liberalize its environment for the gneral welfare.

THE ARTICLE that India prepare red carpet for foreign firms leaving China









   

India Pledges Easy Access to Land for Factories Leaving China

In the article written in Bloomberg,THE BLOOMBERG ARTICLE CAN B READ HERE  it is impressive that India is doing everything to get he US companies now in the mode of an exodus from China by assigning a land pool to accommodate these American firms in India.

When this happens, India will entirely benefit the situation of the US of dismantling China as the Factory of the World, and yet in our case, what do we do?

We need foreign investments and technology for this country to prosper, and the only way to fast track the goal is to look at India now, already in talks with foreign firms going to them by making everything favourable to the investors and secure in long term manner their growth and GDP to rise that fast.

In our setting, we should make moves to invite these thousand companies now packing to leave China and that Japan also is making the same.

I don't hear stories in the country about these opportunities that other countries are doing in the background amid the closure of the ABS-CBN, while, in fact, these things should be the attention of our experts making moves on the opportunities of the pandemic.

The land issues is one thing that investors are very about, that their security fo heir long term investments shall be protected by all means but not sacrificing the constitution.

Tax, land and labour problems can be resolved by this ad hoc situation aimed for the benefit of the country, that an adjustment is needed to meet halfway our economic goals.

The regions of Mindanao should particularly be the good location for any proposed industrial site in the country because it is a sustainable and needs development, considering that the region will meet the standards favourable for the foreign investor by land and labour and taxes.

The government should speed up to make offers to these foreign firms as India is ramping on allocating lands appropriate for all foreign firms that son receiving inquiries from the US, Japan, South Korea, and the EU's that should make the Philippines send our officials, negotiators that should make things happen immediately.

TRUMP SEEKING TO REWIRE SUPPLY CHAIN , REDUCE CHINA DEPENDENCE

TRUMP SEEKING TO REWIRE  SUPPLY CHAIN , REDUCE CHINA DEPENDENCE

In view of the recent developments caused by the pandemic virus from China, the United States has now introduced plans to shift its dependence from China of its the supply chain;  not only that, but the on-going conflict in the south China Sea is also a rising concern because of trade hampered by China's provocative actions in the sea lane. 
It was established that there are no historical claims fo China's nine-dash line. 

At many instances, there is a satisfying reason that China is not a fair country to deal with, presented by the numerous incidents and situations where it reneged on its statements and promises, and generally, it is now suffering a backlash from countries because of the COVID-19 pandemic that originated in Wuhan. 

Because of the plans of the US to shift the supply chains elsewhere, it is very significant for our government to study and take steps towards benefitting the thousands of manufacturers as potential investments in the country that will be a game-changer when it materialized.

Because Inda is on the verge of luring the US businesses to seek them invest in their country, very special consideration for the government to adjust for this sudden change of events to invite the same the US companies to have a look and consider the Philippines at this statement of President Trump. 

Foremost, tax and labour regulations must be adjusted to meet favour for foreign businesses to consider the country on a basis that it will have a gradual and reasonable change for the long term solution to our FDI problem. 

(We will discuss in the next episodes the local businesses that would primarily benefit anything that the  government will legislate alongside with what is best for both foreign and local investments in a single goal of GDP growth.)

The supply chain is one area where the country can benefit arising from the current pandemic situation that our government should look hard into because this is an opportunity for the country to have a good share of foreign firms leaving China. the situation now should have an effect on the government to move on this path of competing with India who is now in motion that will heavily impact the country economically.

Because we lack the technology, foreign investments will make headway for the country to self-develop and gain technology as a long term aspiration.

INDIA LURING MORE THAN 1,000 U.S. COMPANIES OUT OF CHINA

INDIA LOOKS TO LURE MORE THAN 1,000 U.S. COMPANIES OUT OF CHINA.

In the Bloomberg article dated MAY 7, 2020 The Bloomberg Article Here, it is seen that India is underway working to lure a massive 1,000 U.S. firms to transfer to India from China amid the pandemic situation, and this shows for the Philippines competition in terms of luring foreign investments to uplift the country and industrialize its economy.

The number of companies, if it will invest in a country, will create a great surprise in the GDP of that country and India has sent invitations and letters yet responded at the moment by the U.S. firms. 

Conversely, I hope the Philippines had taken the same initiative as India to take the chance of a trade war, the COVID-19 pandemic, and recent statements and moves by Japan, the EU and most countries to bolt from China.

The Philippines should the same invite these 1,000 U.S. firms in competition with India and present our case as the best offer over all other countries' scouting transfer to other neighboring countries.

One big aspect of the offer is India's bent to change its tax and labor laws just to fit the convenience of US companies to invest. In the same manner, the Philippines should also look into the conditions of our tax and labor laws to mend the situation and eventually harvest the needed investments abroad.

It is an Investor market, believe it. the law of supply and demand rules.

India knows exactly how to address the problem of luring US companies out of China, and that is through tax and labor laws.

In our setting, there is no gainsaying that our own tax and labor regulations present a hostile picture to capitalists, that for an emerging economy like the Philippines, trying to engage a role in the supply chain of the world, we must be self-ready and make the necessary adjustments for the demand of times.

Because the news article presents a threat to the economy of the Philippines, it is time that we should so look at our situation and offer the same when necessary in the spirit of competition.

Because of that offer, we should hold back some of our tax and labor regulations just to make the economy of the country competitive with the international demands.

We will discuss at another time how the government and our local entrepreneurs can be tapped to augment foreign investments and serve as the backbone of our economy, i.e. to relieve private sectors of stiff regulations of the government and make the country livable for capital and investments both local and international so it may thrive and succeed in the international competition of world trade.

THE CHINA 5G NETWORKS

CHINA CHIPS INTO CIA, US MILITARY and COMMERCIAL SERVERS, leaving them OPEN TO HACKS.

The security threat is so enormous to consider that the findings, studies, investigations, and other discoveries on the technology theft by China against the US named as the world leader in technology advancements is mounting, but China in its place as the supply chain for the world handling, manufacturing of these highly sensitive products had created the security the threat as very huge and incalculable for the entire security of the world. Most devices supplied to the US by China has been tampered by insertions of microchips providing as the backdoor for the PLA to sneak and steal valuable secrets from its customers worldwide but not limited to the CIA, the US congress, the Whitehouse, the military and others that technically had placed all of them as at risk. These information’s were widely investigated by the concerned US departments and the media for many years and the report is very real to the threat not only of the US but for the entire world.

The risk expands entirely worldwide significantly involving allies of the United States in Europe including the so-called “Five Eyes” intelligence-sharing of these countries. But the discovery by the US of these threats had created restraints primarily for the United States to defend and secure its government and other sensitive homeland security protocols to avert the supply and for the use of these materials that will put at risk the US and all allies everywhere.

The emerging trouble with these allies today is their refusal to heed on the US intelligence findings that they proceed even more to use Huawei technologies for their 5g networks that naturally will affect their relations and intelligence sharing.  Because of the new installations of the 5g infrastructures in Britain for example, the US is now pulling its military assets in that region including those intelligence sectors that will be affected. Entirely, the whole security systems of military installations and cooperation by the US with these countries or in Europe is now affected by the withdrawals of forces now being made.  

Relating this matter to our situation, our government has engaged with China in almost major communication infrastructures in a country using its devices in every sector of our military, communications, power grids, government, private, and business organizations that entirely will shut down by a remote click of a button form China. It was reported alone that our power grids are feared threatened for an imminent shutdown that the country will readily fall because of our infrastructures and its own technical personnel and engineers hold sensitive positions in the power grid that only they know how to operate or encrypted anything in the grid. The exclusion of our own technical people in the key positions to operate or design these devices in the facilities are practically troubling.

The third telco player alone in the country is suspected as support in funds and loans by China and can be deemed as a categorical threat to us. It is very compelling to imagine that our choices for China in all our loans, infrastructure systems, even in the government, intelligence and the military have reduced this country as a subordinate state to China.

We are a sovereign country, and we should maintain to protect ourselves against the power, influence, and pressures of world powers. We should stand alone and be safe by doing things that will provide us with security by first improving our economy by turning our GDP into trillions upon trillions of dollars that will make us independent from China as an example. We should encourage our people to be entrepreneurs in every field and manufacture products that our households need so as to attain national security by means of self-sustainability.

Unless our government concentrate more on trade and commerce, multiply our exports, there is none that we can achieve national security.

This opinion is based on CHINA HACK from the WARZON report

COVID-19 and the Economy

The Coronavirus or the now named COVID-19 that originated from China has spread to the world but yet a pandemic.

In relation, the economy of China is duly affected but struggles hard to return normalcy by initiating measures that would stop or contain the outbreak, and the situation is improving.

The economy of China is affected hard, and there rise the opportunity for other countries particularly the Philippines the recipient of power and bullies of this country pertaining to our sovereign rights in the South China sea imposing their non-existent nine-dash line. to make of the situation positively. We had been deprived of our rights, fishing and exploration of our natural resources for many years now and the situation of the COVID-19 is a matter of chance for the Philippines to gains something in our own economy if measures are taken in various ways to catch up with what is just necessary to be done or strategize for the economy.

The dismay of investors from China due to the outbreak is a door for us to invite and harvest the expected exodus and prepared measures should be undertaken this upcoming.

The country should pave the way for foreign investments as preparation. We may cut regulations, laws, restrictions, taxes, provide incentives  that would  lure them to the country.

CORONA VIRUS

The coronavirus in 'China is a threat to the country. We should suspend immediately and temporarily our open policy of Chinese tourists.

As found in the past, China is prone to pandemic diseases threatening humanity. We hope its cultures and practices are not the cause of these deadly viruses.

As others had already stopped and quarantined Chinese flooding their country, we should the same initiate measures of controlling the influx of China origin tourists to the country for our health and safety.

Health experts and concerned agencies should act ahead of taking steps to control this disease in the country.

MANUFACTURING IS THE KEY FOR A STRONG ECONOMY

Our government must need to understand that manufacturing and exports will solve the economic conditions of the country.

We should find that the GDP of Indonesia in over a 
Trillion-dollar rate today mus ring envy among our leaders and find ways to race with the numbers gained by our neighbours.

Vietnam is now manufacturing its own cars and trucks and their economy is now about to overtake the Philippines.

That China is named as the Factory of the World, and because of that, they are now gaining as the second-largest economy in the world, that while in the 1980s they are just like our GDP today of 300 billion USD.

That we failed to fight back China's aggression in the south china Sea and defend our EEZ because we don't have strong military that could fight them back.

Because as ECONOMIC SECURITY is NATIONAL SECURITY, economy can only be attained by an industrialized economy. We should have great umes of Factories.

That we should focus more on inviting capitalism, not push them away.

SPECIAL ECONOMIC ZONES

Why Special Economic Zones are very important for growing our GDP and why should we actively and openly encourage foreign investments in the country by means of opening more SEZ to industrialize our economy and attain a robust GDP that will challenge China's 12.3 trillion USD GDP  record in 2017 against ours that is 300 billion USD only?

These numbers shouldn't awake our consciousness, there is no hope that we can fight back China's trade, loans, bullies and pressures in the South China Sea if we only have a strong record of GDP enough no to be swayed when it is equivalent to her  13 trillion GDP today.

We need everyone to be a patriot, we should survive in these times of international economic trade wars. The country is locked in political infighting and political interests, greed for power that is sacrificing the economy that remained us poor.

There's no end in personal politics in the country, that moves for changing our constitution and failing to admit that manufacturing is the answer to our economic problems will remain us in the deep of economic abyss.

TAX FOR TRAFFIC SOLUTION?

Any proposal for a tax increase to solve traffic congestions in Mero Manila and for the whole country is a weak argument to divert the fact that government backlogs on infrastructures for many decades as the real cause of the problem.

In plain view, imposing an increase for road users tax and raising registration fees on vehicles is a mismatched concept to address the problem.

First of all, the government should admit and apologize that they have failed to serve, and the huge backlog on the infrastructure needs of the country is by their fault.

The growth of the private sector who makes the economy is actually a job well done, while the counterpart government who was unable to answer the demanding growth of the private sector is an embarrassing performance.

Imposing new taxes complicates more our problem, it is not a real-time solution, but rather,
there should be no taxes if we care for the economy.

House Bill 4695 filed by Albay Rep. Joey Salceda to increase car registration fees to use revenues collected for public transportation do not represent to be an appropriate answer to the public transportation problem, it only adds more.

Where are the national budgets allocated for public transportation programs of the government? It appears on the proposed bill that we were out of funds for public transportation.

The bill thinks that because of the increased and very expensive car registration fees, people can no longer afford and will be forced to take public transport, a kind of blatant attack on the middle-class and because of that, we will expect reduced cars on public roads significantly.

This bill discriminately disenfranchises ordinary citizens and reserves to the affluents the use of public roads. 

The bill is anti-small and micro-businesses who by their small capitals operate small fleets, and they represent the bulk of our economy will surely be affected.

Much more, ours is a traffic problem, and how come that the idea for the solution to the problem is to tax the people?

Instead of punishing the government for its bad service, it is the people that are punished and not rewarded for their exemplary building of our economy. 

We should liberalize the private sector and encourage them more to speed the growth of our GDP, and the more logistics and mobility of the public,  will certainly result in vibrant commercial activity and spur growth.

On the contrary, we should incentivize the public of lower taxation that their growth, momentum, and speed will result in a better and bigger economy of the country.

Tax cuts in actual will result in a better and stronger economy.


This opinion is in reference to the opinion article as read HERE