We are now in the innovation age, which is further from the information age.
Unfortunately the philippines is still stuck in the industrial age that is governed with a semi-feudal class and kept obedient by a theocracy. Our laws do not provide a good incentive for attracting capital that lasts for long term. We have been outclassed by every neighboring country in terms of transportation, health, governance, finance, technology, and defense. Our unstable national security is bad for capital as it keeps investors jittery.
Too bad so many 1d1ots still say otherwise. If there was a program that paid filipino 1d1ots for doing smart things like reading books and avoiding dumb activities that program would still not be able to exchange that much money because filipinos are just too damn proud to do anything to improve themselves. Get out while you still can.