PH is now Asia's strongest-performing economy, says expert

[ambokz]

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pa bilib pud ning mga expert knohay...pru it's good news,hope magtuloy-tuloy jud ni.

[jack_bauer]

OT:

ngka daghan na ang apektado sa yellow media..

[struggler]

strongest economy-EPIC FAIL
no salary increase
ang uban walay jobs..

[jack_bauer]

To encourage more investments in our economy instead of relying on OFW remittances and BPO revenues, we need to amend the 1987 constitution and allow 100% foreign direct investment (FDI) participation at all economic sectors in our domestic economy instead of limiting them to 40% and find a local partner who is rich enough to front the 60% (only few locals can afford to front 60% of a large-scale foreign investments that's the reason most large-scale foreign investment in Southeast Asia goes to Singapore, Thailand, Malaysia, Thailand, Indonesia, and Cambodia where foreign investors can invest 100% from their own capital and can own what they invest).

FDI are free to every-one not unless that business enterprise is included in the negative list..

the negative list includes:
1.) defense related
2.)public health
3.) Small and medium-sized domestic market enterprises with paid-in equity capital less than the equivalent of Two hundred thousand US dollars [US$200,000.00], are reserved to Philippine nationals: Provided, That if: [1] they involve advanced technology as determined by the Department of Science and Technology; or [2] they employ at least fifty [50] direct employees, then a minimum paid-in capital of One hundred thousand US dollars [US$100,000.00] shall be allowed to non-Philippine nationals.

RA 7042 PHILIPPINE FOREIGN INVESTMENTS ACT OF 1991 - CHAN ROBLES AND ASSOCIATES LAW FIRM

[PaYaSo]

OT:

ngka daghan na ang apektado sa yellow media..

OT
naa na ka BB? supply from the govt

[SioDenz]

strongest economy-EPIC FAIL
no salary increase
ang uban walay jobs..

Dis a man sad nikuha anang imung idea nga ang basehan sa kakusog sa economiya sa isa ka nasud is ang salary increase ug Unemployment data?

Lahi ilang gibasehan dili kana....

[jemlucero]

hurray for us!

[Joseph20102011]

FDI are free to every-one not unless that business enterprise is included in the negative list..

But still foreign investors cannot invest as much as possible because what really covers in the Negative List are the most profitable and productive sectors that needs much capital that is beyond the capacities of most Filipino businesses to invest like mining, oil and gas, agriculture, telecom, power, publishing, light manufacturing, infrastructure, banking, tourism, education, health care, transportation, and many others.

1.) defense related

Allow 100% FDI in defense sector with a condition that only the reliable friends of the Philippines like the US, Japan, Russia, and EU to participate.

2.)public health

Allow 100% FDI in public health care as the government doesn't have enough capital, technology, and expertise to improve our health care situation in our country.

3.) Small and medium-sized domestic market enterprises with paid-in equity capital less than the equivalent of Two hundred thousand US dollars [US$200,000.00], are reserved to Philippine nationals: Provided, That if: [1] they involve advanced technology as determined by the Department of Science and Technology; or [2] they employ at least fifty [50] direct employees, then a minimum paid-in capital of One hundred thousand US dollars [US$100,000.00] shall be allowed to non-Philippine nationals.

Allow 100% FDI in small and medium-sized domestic market enterprises without minimum paid-in capital restrictions so that the workers and consumers will have more option on where to work or to buy their daily needs in life which means more competition in our domestic market means more jobs for the millions of unemployed Filipinos and more choice for our consumers on where to buy something else.

Let Wal-mart, Carrefour, Target, Costco, and many other foreign-owned retailing giants to compete SM, Ayala, Gaisano, Robinsons, and many others.

RA 7042 PHILIPPINE FOREIGN INVESTMENTS ACT OF 1991 - CHAN ROBLES AND ASSOCIATES LAW FIRM

Together with the abolition of the protectionist economic provisions of our 1987 constitution like the idiotic 60/40, abolish the RA 7042 entirely and allow 100% foreign competition in our domestic markets.

Replace the 60/40 with equal protection clause between local and foreign businesses where foreigners can invest and own 100% of a businesses they set-up legally.

[maynardmurlon]

not happening yet in the Philippines...yellow propaganda on the move...we've seen it before...
the working class can't feel the strength of our company - no one is feeling it.
sigh!

[silent-kill]

whats with all the negativity guys? we should use this type of news to be inspired to work harder, invest more.

... and make the Philippines a better place to live in.. I mean we should start somewhere if we want to improve. it doesn't happen overnight. but it requires like minded people who believe in a common goal to reach this recognition.

for all whiners what are you doing for your country?