Is the Philippines becoming next Asian Superpower?
Вставка
- Опубліковано 24 лип 2024
- In recent years, the Philippines has defied expectations, emerging as one of the world's fastest-growing economies, rivaling the remarkable growth rates of its Asian counterparts like China. Amidst its historically chaotic political landscape and scrutinized media environment, the Philippines has garnered global attention for its economic prowess, surpassing Malaysia and Vietnam to become Southeast Asia's fastest-growing economy. Rooted in its rich history as one of Asia's wealthiest nations, second only to Japan in the past, the Philippines is poised to reclaim its economic prominence. Despite setbacks in the 1980s and historical challenges, recent governmental shifts towards infrastructure development, international event hosting, and attracting foreign investments have spurred economic growth. With an expanding export portfolio spanning electronics, machinery, agricultural products, and minerals, coupled with strong trade partnerships with the United States, Japan, China, and ASEAN nations, the Philippines is on a trajectory to become one of the world's largest economies by 2055. With an average growth rate of six percent since 2010 and a projected trillion-dollar economy by 2035, the Philippines' transformation from an agricultural-based economy to a manufacturing and export powerhouse signifies its potential to become a formidable economic superpower in the near future. Like, comment, and subscribe for more in-depth coverage of global economies and geopolitics. Watch complete video and do not forget to visit our channel for more interesting videos.
-------------------------------------------------------------------------------
0:00 Introduction
1:08 Is the Philippines on Its Way to Become an Economic Superpower?
2:26 When the Things Started Going South
3:36 Why so?
4:09 The Road to Change
5:25 What's the future like?
7:10 Trade Partners
9:05 Eng Note
---------------------------------------------------------------------------------
Support us at Patreon: / thepacificreport
---------------------------------------------------------------------------------
Join us on our WhatsApp Channel with the link below:
whatsapp.com/channel/0029VaIZ...
---------------------------------------------------------------------------------
Social Media Links:
Website: www.thepacificreports.com
UA-cam: / @thepacificreports
Patreon: / thepacificreport
Facebook: / thepacificreportpr
Instagram: / @thepacificreports
Threads: www.threads.net/@thepacificre...
Twitter: / pacific_reports
TikTok: / thepacificreport
Tumblr: www.tumblr.com/thepacificreport
Mix: mix.com/thepacificreport
OK: ok.ru/profile/589448821950
Pintrest: / thepacificreport
#thepacificreport #philippines #philippineseconomy #philippinesvsjapan #asiantiger #philippine2024
Disclaimer:
The content in this video reflects the author(s)' thoughts and does not represent the official viewpoint of The Pacific Report; viewers are recommended to conduct their own research and seek expert advice before relying on the information provided.
Is the Philippines a rich or poor country?
ua-cam.com/video/YouQF0wSM_k/v-deo.html
hindi,pero kong lagi kami mag papalit ng saligang batas mag kakatotoong mayaman ang pilipinas.
Not rich nor poor but expensive
Super slave
Poor af sir
When people stop eating those left over refried food , then it’s still a long way to go. Perhaps all the ASEAN nation will have a higher GDP before Philippines will have a chance to have their GDP to rise minuscule. Graft and Corruption is horrible .
Selamat PH, negara anda sangat indah. Kami mendukung anda. Persahabatan dari Indonesia 🎉🎉🎉
Terima kasih saudara..... We always respect Indonesians. We were taught in elementary the Indonesian settlers in the country before PH became a republic.
Terima kasih saudara-saudara kita di Indonesia. ❤🙏
love indonesia
It is because of PBBM's foreign policy. Being friendly to many countries, and countering China's bullying.
Philippines, a superpower whose people are worried about rice prices
@@stunstar4553yeah same people who wants an iPhone 😅
a US Navy officer denounced the Philippine's navy as incompetent, aggressive, wholly undisciplined and essentially the one conducting aggressive action against the Chinese unprovoked. Westoid medias won't report it that way naturally because they want to sell the narrative that anyone following America is on the right side of history.
@@stunstar4553Yeah, says the negative, toxic, ugly people. The facts are already in your face! Duh!
Well @@stunstar4553don't be negative naman 😂
Not yet. We, Filipinos, have to unite first and work harder before we achieve this illusion.
You need to be Filipino first to even say “we Filipinos,” China troll.
Don’t elect the DDShit anymore so that we can achieve our goals and becoming one of the richest nations in Asia 😊
Dutae👊 Dutae👊Dutae👊Trip✈️ Trip✈️Trip✈️
At least we Filipinos don’t enslave other groups like the Uighurs, or harvest organs from those of other religions.
@@user-ve6fl6nr2q comment like this shows how some voters are brainless. Too much politics hurts the country.
It is inevitable Philippines has the best foundation to be the next big thing
It's the fertility rate and young demographic. Even with all it's corruption and low foreign investments it still grows. A decade or 2 from now alot of countries economy will decline due to their aging population and low fertility rate.
When people stop eating those left over refried food , then it’s still a long way to go. Perhaps all the ASEAN nation will have a higher GDP before Philippines will have a chance to have their GDP to rise minuscule. Graft and Corruption is horrible .
@@charliecheng3340 Thailand,south Korea,Malaysia,Japan,china and many other countries have a low fertility rate and an aging population. Because of this Philippines will surpass Thailand in just 4 or 5 more years.
And when there are more criticism coming from others means the country is becoming better which is a good sign. BTW corruption in the Philippines is diminishing under the Marcos Presidency, Digitalizing most Government transactions and providing transparency in spending.
@@charliecheng3340actually in the Philippines we believe that wasting food let alone fall them on the ground or throwing them in the trash when can still be eaten only to be eaten by animals is against Bible teachings and uncivilized. Food is a blessing and must be given due respect as many hands work and toil together to bring food on the table. In the Bible, God punished the Rich for wasting food and for being uncompassionate to the poor and needy.
Phillipines will rise again. And in good hands under the leadership of true leader Marcos administration. God Bless Phillipines 🙏🙏🙏
I live in Metro Manila and I can attest to the fact of so many infrastructure projects under construction like the first subway, LRT extensions, MRT, bridges , skyways (toll roads), commuter railways, new commercial districts and the signficant reduction of slums. The squatters houses have been bulldozed to the ground to give way for progress. New international airport is also on full blast construction.
Go outside of metro, for it is only part of the Philippines
Outside metro, bulacan airport construction, metro station connector all the way to pampanga.
Pampanga is also booming with Clark being the new business district
Uu, ang metro manila ay ang buong pilipinas.😂😂😂
@@firefistace2985 Obviously…
@@firefistace2985 your sarcasm doesn’t work here
We highly welcome this economic development. Now is the time to move forward. Let us learn the lessons of Singapore despite its limited natural resources.
Go BBM God bless u
Long live the Philippines, long live PBBM, GBY always
MAY MIGHTY FATHER GOD PROTECT PBBM
Congratulations Philippines good job Mr President marcos 🇵🇭❤👏
Huh? 😂 di nga kayu makahabol sa GDP ng China.
Whats the point in commenting something pointless? Of course china is way ahead of philippines in terms of GDP growth, but since Philippines has been attracting many more investors from all over the world and was able to generate investment pledges of up to $72.2 billion through Marcos' foreign trips to other countries just last year, it's safe to claim Philippines has been developing and could rival China.
@@thebeastsclipsNagmana sa nanay na lutang, malamang china's gdp is way more higher compare to us, as you watched the whole video, this dictates that Philippines has higher potential to become Asia's Superpower in terms of economy. That might not happen today but yet to come in a very near future. Mahilig kasi kayo ng mga kapatid mo at lutang nanay mo ng magic gusto nyo within just a snap nandiyan na, tumulung ka nalang na maging isang mabuting mamamayan, maybe within that way, may contribution ka pa.
@@thebeastsclips for now, they have high GDP ill tell ya incase you didn't know china's economy is decreasing since last year now they are stuck the thing is that they have been increasing so much military that their economy probably hardly support it, now for our part military is increasing expenses is increasing but president is doing business for economy and showed that its balanced and probably showing more prosperity in economy but I am scared this will not last since the world is slowly getting destroyed bit by bit
@@zachhesh and do you think that investment does not have interest payments? Think of that as a loan/mortgage/bond.
Aral ka muna kung anong types of investments. Isali mo pa ang GDP at GNP.
God Bless the Philippines. 🇵🇭
a lot of haters of the current admin saying the country and the president is not doing anything. as if they can see any major advancement in a blink of an eye.
Eyes and ears open botbot is thieving corrupt sellout to the USA now Philippines is hostage status again
Exactly for those Pinklawan out their who tries to destroy the Marcos Administration, Liberal Sucks!!!!👎🏼👎🏼👎🏼
go philippines ❤
Tapos 2025 may sarili na tayong pagawaan ng nuclear tapos mga armas fighter jets godbless Mr president BBM😇😇😇💖💖💖💖
Botbot has not accomplished squat since he's been elected😂
@@48512 o lol
Yeah Right go go go DDshet and Dutae@@48512
nuclear? doon sa bataan
@@48512 bobo
PBBM Philippines Blessed Beyond Measure🇵🇭✌️🙏❤
It's a prophecy. Remember masters shall be the servants and the servants shall become the masters.
Kaninong prophecy nyan?
@@dormamo6917 prediction , vision, tarot reader.2046 .phil name will change currency will change.
@@dormamo6917 Mathew and Luke
@@dormamo6917 ahahahhha naloko na
@@Chalcedony99It's a Bible verse..
Thanks so much Max Kellerman!
Very true! Thank you
Considering the Philippines vast natural resources Philippines had been rich for so long if not for corruptions
Long live President Marcos, Jr. You are the best! The Philippines is truly blessed!
YES!
Mabuhay of the president of the PHILIPPINES BONG BONG MARCOS AND MABUHAY ANG PILIPINAS MABUHAY OF ALL FILIPINO. 💯
So happy to hear Philippines is on its way to become one of the richest country again even though it is already rich. After WW2, the Philippines established the World Bank, I think also the IMF.
ua-cam.com/video/maVIaMQQvS0/v-deo.htmlsi=rMGizq9NwmlTVd5H
It was never rich nor is it a member of the world bank
World Bank is own by the Philippines, And phils, will become a First World Country very soon
Where did you get your ignorant and arrogant information from ?
WE HAVE THE BEST PRESIDENT BBM YES WE WORK HARD TO BOOST OUT NATION MABUHAY PILIPINAS LOVE YOU ALL❤❤❤❤❤❤
Go Philippines 🇵🇭
God blessings Philippines become supper power of economic
Yah more Maids for Asean.
@susss188 Do you have problems with that??? At least, maids are decent jobs. There's tons of Filipino nurses around the world.
@@susss188Having a job is considered bad now? ☠️ You must be lazy and unemployed. At least those maids and nurses get payed, unlike you.
OMG nosebleef
@@TM-sn7dbwhy don’t they work for the Philippines instead of contributing to foreign economy?
Of course
Amen 🙏🏻 God bless the Philippines 🇵🇭
The IMF just released its latest GDP data.
The Philippine economy is now the 4th largest among the ASEAN countries after Indonesia, Thailand and Singapore.
It jumped two places from 6th in 2022.
For so long, we have been hearing people say that the Philippines is being left behind by our neighbors.
The Philippines is doing much better now under President Marcos Jr.
Philippines have long held the 3rd to 4th position among ASEAN, it only went down bec of Duterte's mismanagement and also the China's corona virus pandemic.
@@fkoff7649know your numbers 😂😂😂😂
May the Lord always protect this good man and his family🙏...having him is a blessing for us...the BEST leader.❤❤❤
the Philippines. is the Superstar of South east Asia
The "sick man" of Asia....Vietnam and Cambodia GDP is higher than Phillipines. And how is it possible that it could be like Japan ? Japan heavily industrialized, automakers, science and electronic production. If more foreign investment (like triple) invest in the Phillipines perhaps.
Yes i agree
We can compare high growth in Philippines and Vietnam. Philippines economy is mainly supported by BPO services, OFW remittance and potentially games. Vietnam is supported by growing manufacturing, export hub for electronic and IT products. Here we can see the difference of quality of growth, and its impact to the countries development. To add, how Vietnam government secures food from domestic production and cheap energy at adequate supply is far ahead than that of Philippines.
Vietnam's electricity industry is state-owned, as such the state provides subsidies to lower the cost of electricity which in return encourages FDIs. That's opposite in the Philippines where the major electricity production and distribution are in the hands of private sector, with no subsidies from the government. Also in the Philippines, since 1986, the state-owned power company is prohibited to compete against the electricity distribution business in the city centres.
Nice One😊 ❤❤
All I can say is.. the best asset of the Philippines? Its PEOPLE! CLAIMING TO BE THE NEXT ASIAN TIGER! ❤
Amazing Bagong Pilipinas !
I don’t initially like Marcos but seeing how he perform I don’t mind charter change to lengthen his term 🎉
????
Thank God, our president is doing well. God bless Philippines.
Nice Content.
YES YEHEEEEEY GO PHIL GO GO GO!❤❤❤❤❤❤❤❤
I believe in this Pero sana lang maramdaman ng bawat isang Pilipino ang pag unlad
30yrs ho lugmok ang pinas. Gusto mo ramdam agad ang pag unlad 😂🤣😂 atat ka syado.
Palabas lagi yan ng mga pulitiko. Yung mga guro nga nahingi ng dagdag sahod dahil marami sa kanila talagang hirap sa buhay. Wala pa nga resolution yon. Yung basic monthly salary nga stagnant eh taas ng cola, mga bilihin pataas ng pataas ng presyo. Dami rin pinou walang sariling bahay. Taon taon sinasabi ng propaganda nila na umuunlad ang pinas. Tingin ka na lang sa paligid mo, ikaw maghusga kung may katotohanan sinasabi nila.
Mga Anti lang na kagaya mo ang hindi makaramdam dahil wala kayong pakiramdam. Buti pa ang ibamg lahi may pakiramdam
pagtatamad tamad, di yan mararamdaman... dapat magtrabaho.
@@gravedanger5771agree! yung ibang kababayan natin kasi gusto umasa sa gobyerno kaya hindi nila maramdaman. hindi pa sila magpasalamat at kahit papano nagkakaroon na tayo ng magandang foundation for the future! gusto kasi nila biglaan angat! 🤦🤷
Love Philippines from Vietnam
LOVE AND SUPPORT FROM INDIA💟💟
Sorry, Indonesia is already achieved that.
Ture
True
Good!!
That's true, obviously this video is a propaganda.
Sorry, the topic is the Philippines, not Indonesia. I'm not impressed with Marcos by the way. He's just noisy but not much substance unlike Duterte, the former president. 😊
MAY GOD bless the Philippines More...
Godbles our beloved philippines😍🙏
Jolibee and OFW is the only thing I know about the Philippines. I dont see many global high tech brands from there.
- Vietnamese
Thank you for the ofw for helping the Philippines economy and jollibee is a big help. And soon people will be surprised 😮
Did you even watch the video?
Before you comment you must be watch the whole video..what is vietnam?
Not our problem
Greater things are coming in the Philippines 🇵🇭 ✨️ 🙏
Good news for us all, Filipinos.thank you for your content
God bless The Philippines
❤❤❤❤
Semangat Filipina 🇵🇭
Kita tetangga Harus saling mendukung 💪
Ya, mereka tetangga yang sangat baik. Saya suka dengan negara ini.
God bless Philippines 🇵🇭 ❤
Nice video!
This question never crossed my mind
God bless you PBBM
Mabuhay Ang bagong pilipinas mabuhay Ang bagong pangulo BBM.❤❤❤
Yes indeed
I do hope so even though i didn't vote for him i hope he succeeds in his future endeavors!
Were already Power. Tbh its just we lack unity. Probably the government need some reform
True. We need more people to vote for Charter Change
God bless yoyPBBM
Lets make Philippines Great Again!✊🇵🇭
long overdue
If we continue to lower or control corruption & more disciplined people, then we will be able to achieve this.🙏🏼👍🏼🇵🇭
Disciplined people comes after the peak of development. Historically japan and the us was as undisciplined as we are today. This is what I noticed it seems Filipinos never bothered to learn history or smth.
@@lowkeysalmon3092 I totally disagree, Japanese people are disciplined that’s why they become industrialized. Furthermore, US is industrialized however they have a lot of undisciplined people, I should know, I live here.
Lmao Pres marcos has much discipline than you could ever know lol
starting on defend ph from china Lmao.
unlike previous pres who almost sold ph to china just form a merely fake alliance. china can't be trusted
Para maprotektahan ang mga interest ng pilipinas kailangan natin magpalakas.kailangan natin mag develop una sa lahat ang afp.military,economy modernize the transportation sector.
Wondering why some of our fellow Pilipino does'nt know this...were in fact the whole world knows...proud of my great leader.❤❤❤
Great, now let's invest that into the military!
THANK YOU FOR YOUR VERY INTERESTING VEDIO,,GOD BLESS YOU, AND GOD BLESS YOUR NATION!AMEN!!
WE DO BELIEVE THAT THE PHILIPPINES IS GROWING ECONOMY BY GOD'S GRACE IT WILL CONTINUES TO HAVE MORE INFRASTRUCTURE AND HAVE MORE JOBS THAT THE PEOPLE HAVE A BETTER LIVING, LONG LIVE PILIPINAS GOD BLESS US ALWAYS IN JESUS NAME!AMEN!AND AMEN!❤ 🇵🇭
Vietnam has more manufacturing plants than the Philippines having attracted more companies from China. Thailand has more than 4o million tourists visit its tourist sites compared to Philippines paltry 6 million. Philippines has to do more.
Bpo industry alone has more money than what you said.
@@denverovilla The Philippines has the least foreign direct investments among all ASEAN countries in the region. It won’t be able to sustain the growth. The BPO will be affected by the introduction of the AI. Don’t delude yourself too much.
@@troyl8441You're just being negative lol
@@denverovilla negative for telling the truth? Take off your rose-colored glasses tito because your so-called positivity won't get you too far lol.
@@troyl8441 you're just being stupid that's it. the growth rate is stable at 5 to 6 percent per year. only negative ignorant person believe that in won't sustain the growth.
Mabuhay ang bagong pilipinas🇵🇭✌️❤️
If Economic Liberalization and Faderal Parliamentary Government System it became a law, it should be a become a powerful nation in South East Asia.
go.......... go........... PBBM
✌️🇵🇭✌️🇵🇭✌️🇵🇭✌️🇵🇭
Good vlogger
The United States sent their TRADE MISSION.
They will bring their businesses, expertise and implementing the CAN ACADEMY ( Community Action Network)
Imagine Filipino kids will be trained in many fields of their career in the United States curriculum educational system?
How kool is that? A filipino kids graduated in the Philippines has the same graduate status in the U.S.
The U.S. is safer to bring the semi-conductor business in the Philippines. It will be safer here than Taiwan.
China is after Taiwan.
Well said my friend
Philippines has long had the U.S. Educational System, duh! Do more research.
@@fkoff7649 dO YOU EVEN KNOW WHAT CURRICULUM IS? This is a curriculum based on American Common Core State Standards for English Language, Arts, Math, History, Geography and Next Generation Science. The Philippines educational system has different curriculum. A graduate in the Philippines requires to undergo other subjects or training to meet the U.S. requirement.
@@zzzzzsleeping DO YOU EVEN KNOW THAT PHILIPPINES IS BASED ON AMERICA EDUCATION SYSTEM? AND WHY DO WE NEED TO FOLLOW EXACTLY THE AMERICAN EDUCATION SYSTEM WHEN WE ARE NOT EVEN AMERICANS??
@@zzzzzsleeping imagine nursing board exam is US c......
I've been to bcg
Very clean and advanced
It's BGC Bonifacio Global City. 🙂
Wow nakakaProud maging Pilipino
dream on
Philippines is and will ALWAYS be the POWERHOUSE OF BEAUTY PAGEANTRY in ASIA! MABUHAY!! GLORIA MARGIEPIA CAT& RBBONEY -KINDOF
Wow, so proud of my country and my President BBM
Thank you BBM for bringing back the respect of other country to the Philippines .
GOD bless our PBBM, the FILIPINOS and our beloved Country, the PHILIPPINES, also the WHOLE WORLD. GOD is Good All the Time, Thank You Dear GOD🙏❤️❤️❤️🙏
Good time to invest is now
Ferdinand Marcos Sr said a very long time ago that the Philippines will be great again. Goosebumps! I am very excited about the future of the Philippines 🇵🇭 ☺️ 😍
Dream on
Philippines must Stop Corruption for our food and Weapon and Hopefully our Politician must stop politics for their own benefits.
Thank you USA ,Thank you USA .
USA is our ALLiED COUNTRY of the Philippines since 1898 until now and Former Common Wealth of USA, We have 1951 treaty to protect each other we are close Family.
China took illegally 9 islands of our Country. China has no right within 200 nautical miles of the Philippines. We won in UNCLOS China must learn to respect International Law.
salamat Pres. Marcos Jr.
Thank you India
Dream on.
I'm positive.... YES
World peace, and may we all passed this hard times
It’s time let’s do it.
why not
Forecasts like this are good to hear. But reality is different because it depends on the circumstances which may occur unexpectedly, e.g. the COVID 19 pandemic, war, political crises, and etc. And so as the saying goes: "Let us cross the bridge when we het there."
God grants all of those, everything is possible with him, glory to him
how to invest in stocks in PH?
So far so good
you go to the banks in the philippines or your nearest bank with ties to banks in the philippines and they will probably have someone to guide you
Remember that time traveler talk about the PH being a topia or smth in 2030? Yeah. Im here for it.
Indeed but...we still have long way to go, a lot of things to do, more areas to improve...
Putin said
"you dont look on how scary or big the county is, its about the potential of it."
Mabuhay 31M!!! 🎉🎉
dapat lang iba ang Filipino God bless and Mabuhay ang bansang hinirang ang bayang pinili ng kataastaasan
Problem is we have too much corrupt politicians. Almost all of them. And, we there is no unity within Filipinos as well.