Friday, May 22, 2009

Philippine Economy and Employment Issues



Last May 21, I able to hear the news about Philippine gross development products which is express in rate. The news said we will have 1.8% to 2.8% in this first quarter.

It is said the increase of GDP is due to business specializing in services specially the Call Center Companies in the Philippines which is scattered around the country like Cebu, Davao, Negros and Samar.

Secretary and former Senator Recto said the remittance from Overseas Filipino workers are also fueling the economy.

Well the Pinoy concerned and issues in this report by NEDA through the known senator is clear. We are growing because of Filipino Inbound Customer services and Filipino workers abroad.

We are not earning through Government companies or industry LRT transportation, PNOC, PNC etc etc. In short the government do not have earning companies which we should have. We should have manufacturing plant that is producing world class products and of course jobs in Million of Filipino.

This is what is a clear support on my idea to have a president who came from the line of Engineers. Their thinking are production and innovation rather that a leader who came from Law, Military and Business.

The concerned once again is that we do not have enough choice to elect for President. Both are coming from the line of business which is the same with the expiring president who did nothing after more than 6 years in the service.

Another issues here is that the logic that our country have positive GDP in which in contrast to the news about the number of retrenched employees coming from Manufacturing plants like Intel. I just hear that LEAR and Smart Company also retrenched some of its workers. While we do not have jobs and companies to hire, we or the country is still earning? That is a big question of logic Mr. Senator.

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