ADB says the Philippines is the next "Asian Miracle", sees 1st world status by 2030-2040

ADB says the Philippines is the next "Asian Miracle", sees 1st world status by 2030-2040
>The Philippines is one of the most restrictive places when it comes to foreign investment. That will soon change once Congress removes those restrictive limitations before Congress ends on June 7.
>Laws were signed recently giving funding to potential "unicorn" startups within the month. He has also signed laws cutting red tape, modernizing the corporation law and liberalizing rice imports.
>All countries who experienced massive liberalization and an ambitions infrastructure drive in Asia has experienced the "economic miracle" that famously hit China and Japan

Are you ready for the ASEAN and Filipino decade, Jow Forums?

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youtube.com/watch?v=prN8ldgP3jY
globalnation.inquirer.net/175091/china-to-put-up-merchant-power-plants-in-ph-to-help-build-power-capacity-cusi
imoa.(ph)/china-eyes-a-strategic-port-in-the-philippines/
business.inquirer.net/264145/prospects-of-faster-gdp-growth-in-19-seen-slim
twitter.com/NSFWRedditVideo

Tik tok

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Pinoys will always be a slave race

You will always find them doing menial unskilled labor

Their women will always be sex workers worldwide

Worlds strongest race my ass

That will change soon.
youtube.com/watch?v=prN8ldgP3jY
We will make the country great like it was in the 50s

I agree, OP. We are finally getting bridges, expressways, trains, subways, ports, arenas, parks, walkways, bike lanes, etc
we are getting our first smart city as well
I've never seen so much development as a kid in the 90s and 2000s
I hope all these projects get finished

I know. I haven't seen this much development in a long time. My fucking city had so many building built in such a short span of time too.

Are we finally gonna be firstoids?

they keep adding up the deadline for sure next year it will be by 2040

lmao

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>Their women will always be sex workers worldwide
Most here are nurses.

My aunt in California is a doctor. Legitimately passed medical school here and she passed the physician exam in the 80s.
But she immigrated to America in the early 90s, and, I shit you not, worked as a person cleaning computer chips because she couldn't find a job in the medical field then.

Now she's done that job until 2018. and retired.

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I dont know about the province but Construction boom started around 2012.

and lol shills choose to ignore BGC

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and will be all wiped out in a random tsunami and pinoy women will be sucking U.S Navy cock in exchange for MRE leftovers

The only construction that happened in my provincial city right now are new mall chinks malls then road paving in which things are delayed as fuck.

No Bridges and Bike lanes nor new ports.
the game changer was the new bus station that directly links to the port which is 2-3 hrs away from here but that happened in 2014 same with a bus lane that directly goes to Pasay in a station that's close to the airport, it allowed the main market plaza here to get more deliver and stock thier goods.

>first world by 2040
Yeah fucking right
What a joke
t. Makati user

you should learn Spanish again to make this

Let's not be negative. There is potential for the country to grow 7-8% and to even double digits if we get the infrastructure and business climate right.
When people get jobs, a cycle happens that benefits us all, makes smarter people and votes for smarter choices, and that's a win win cycle
It is very, very possible for poverty to be eliminated by 2040.
Also, our poverty rating went down 5% in three years. That's saying something.

its a prediction and base on something that can easily go up or down 6 months from now.

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It only goes down because they Pinoy economy is completely based on you monkeys leaving the country to perform slave labor overseas so the percentage will go down the more pinoys go to other countries to do sex work

>sells your country to China
Try not to sell your soul to China this time

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>2030-2040
won't you be just another Chinese province by then?

The jews did the mass emigration thing and look at them now, they control your country

Hopefully not.
Duterte's message against china keeps changing, telling them to back off, then shaking hands with Xi, then telling him about the WPS claim, then hugging Xi.
Really don't understand the dude, but he needs to fight for our country.

It's debt traps for the most part, he is dumb and retarded enough to our natural resources(in which we can utilize ourself) as collateral

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There is a difference between bankers and SEA monkey indentured servants

You Pinoys should have just played with Japan and Korea if you don't want your infrastructure breaking in 3 months t b q h
Better yet why not just ask for Euro investments?

Why do you hate flips so much? Are you a chink?

We do, all of them, especially Japan. They've given us billions already.
There are also some investments only China is willing to fund, like the Mindanao Railway
This country just wants that Belt and Road money, though you can argue that some other country could provide some of them better.

>The jews did the mass emigration thing

They didnt though. They were forced. The romans kicked them out because they kept rebelling wich was a pain in the ass due to the massivly fortified cities in the area.
They were the jihadis of their day.
Romans kicking them out of palestine was their final solution.

Most of the trains are going to be from Japan thanks to the previous admins deals.

but our energy sector which is crucial for those trains to be powered in the first place is going to be chinkified even more
including internet.
and National security equipments and on to of the unfair debt rate taht we have to pay.
its so yikes tier

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>oy vey the deficit

>There are also some investments only China is willing to fund
Why not fund it yourselves

And by the way, most of these women are feeding families or sending money back to the philippines with sons and daughters getting proper schooling. They end up becoming doctors, nurses, STEM and so on.
Isn't that what happened to the jews and israel?

Why fund it ourselves when other more fortunate nations could fund it for you?
At least take advantage of the fact you are 3rd world, the rest of the world pities you more.

Why are you guys so delusional. India will be a superpower long before Pinoys become a respectable and honorable people

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>Only China is willing to fund
You're gonna get fucked by this especially when they start going around saying that "Filipinos betrayed us glorious Zhongguo for firthy Japan dog/White imperialist" or they'll start pumping more money into y'all until it comes to a staggering point that you can't pay for it

>Euro investments?
We have lots of investments with Japan infact some of them looks like its for free.
they only reason why alot of the trains and infrastructure are delayed because this retarded president and his cronnies are canceling it in favor of chink ones.
the chinks gives them extra bribe on the side and imports thier own shitty construction material illegally.

I saw a chart sating the netherlands and belguim/EU are actually bigger investors than china here.
but they probe thier investments, meaning they will ge to see where thier money goes and once again this imbecile corrupt president and his cronnies will not have that since it will expose that they are pocketing the money.

t. 1/4 Han-chinese hapa mystery meat

>implying Pinoys have money to do anything themselves

China is going to turn the entire country into an unsinkable military base and control the economic zones and sea lanes

All that happens is that western and chink corporations will smear your politicians so they can put you in sweatshops.
Sure the gdp will rise but most of the money goes into the pockets of irrelevant show-off flips qnd smeared politicians, up to you if you like that.

Subic port is already in trouble and the one in Batangas is going to be converyed into some kind of power plant.
all of which they will own once we cant pay the debts
like what happened to Srilanka

Why do mutts so desperately want to see others suffer? Are they even human?

See what I mean
Why sell your soul to the devil for a quick buck when there are other options for yall
Hell wasn't there a point where Korea and Japan were ready to sign economic and investment aid to Philippines during the SCS standoff?

>Why fund it ourselves when other more fortunate nations could fund it for you?
>At least take advantage of the fact you are 3rd world, the rest of the world pities you more.
China gives loans not handouts and when your government defaults on them they end up with some incredibly good deals for them (like profiting off of what was the reason for the loan in the first place). How likely do you think you're country can pay back the loan? You could probably get the same shit from the world bank.

Honesty is not sadism. Pinoys have never been anything other than a subservient race that have been cucked by everyone who wanted to invade. Their delusions of grandeur is only going to get them cucked by Chinese overlords

>jews getting btfo by romans was just a plan to have an excuse to infest a band of mutts 2000 years later
Alright.

Cringe.
Empires and civilisations rise and fall. Many once great civilisations and their people have dissapeared. Former savages became civilised empires.
Germanic tribes did. Arabs rose from dirt poor goat fuckers to controlling the entire mena region and fell to dirt poor goat fuckers again (where they arent oil rich).
Prosperity is easily within their reach.

Well, that's what happened, what can we do.

The ADB and the World Bank has already said we are not at risk of any debt trap, but you are right, we need to be more vigilant of people trying to abuse our economic development

Don't listen to that guy, he's uninformed as hell that it's embarrassing. Kinda like arguing with Jow Forums.
He's probably gonna reply to this post until I stop replying with lies and strawmen and moving the goal posts or whatnot.

Subic port is not in trouble. Only the Hanjin ship port is, and many companies are lining up to save it, it is in receivership right now.
Second, that batangas shit is just fear mongering and him making up facts again, in fact the government and private businesses have expanded the port.

Whatever la
Yall want to be 1st world you better do it right

He's a chink probably.
I don't know why he's so mad.

I hope you will make it :)

Then why do they keep immigrating to other countries?

>America gives aid
>China give loans to countries that they know cant pay and take control of what they built
Ahh yes we cause the suffering and China is benevolent.

We will make it. It is happening little by little.
Once the law to open up the country gets passed, a great economic upheaval will happen.
The business analysts here are already saying that will could change a generation, though it could be unconstitutional.
Why don't you want us to make it, ASEAN user?

Pinoys can't rise and fall because they are always at the bottom. They aren't even considered Asians because they have a culture that is a product of invasion and cuckoldry.

Maybe because life is and is still hard here. 1st world status doesn't happen overnight.
Do leafs hate Pinoys?

America gives jack shit compared to China and Japan. Only when Duterte started standing up to America did you start giving more aid.

>T.Zhang

Hello Zhang.

Where did I mention china you imbecile?
I just oppose your stormfag view of pinnoys always staying poor because of inherent inferiority.

He is Chink diaspora. They absolutely despise Filipinos for some reason.

Pinoys hate each other plenty

All the women can be found dating white men while Pinoy "males" are always short and fat virgins

Pic related.
In OECD, Flipland is one of the most restrictive in terms of investment.
The red tape in this country is also unbearable. But these days there's a massive computerization program.

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we have already fallen into a debt trap with these deals, there are more to come.

Usually the aid gives by america are also Probed thats why corrupt politician here hates them.

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globalnation.inquirer.net/175091/china-to-put-up-merchant-power-plants-in-ph-to-help-build-power-capacity-cusi

the one in batangas is going to be made i to a chink coal plant.


imoa.(ph)/china-eyes-a-strategic-port-in-the-philippines/

The one in subic is in trouble. these ports and locations are crucial to our defense
once chinks own them we are locked and doomed.

Is there any reason to believe the Philippines and India won't end up like Thailand and Indonesia? Even Malaysia can't do anything.

We might end like haiti with the new Tariffs.
it will make us less sufficient in providing our own food

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Why is Zhang so hateful?

Don't count out Indonesia. It's gonna be a large force one day.
It's because the country is pretty much growing economically, and it has been for more than a decade now. It's nearing a point of breakout.
The reason why people would choose Vietnam over the Philippines is that Vietnam is very open, while Flipland is protectionist.
Eventually, that will change. There could also be peace in the South for once, and it's potential to growth is very high.

>I just oppose your stormfag view of pinnoys always staying poor because of inherent inferiority.
Different poster, I have flip friends and dont share his views.

>Pinoys hate each other plenty
All the ones I know in real life get along well even ones from different areas. The ones here not so much.

I fucking hate diaspora

>How likely do you think you're country can pay back the loan?
I dont think they plan toothey just want to sell it off for his personal gain.


gdp is acutally slowing down according to The business analysts here.

business.inquirer.net/264145/prospects-of-faster-gdp-growth-in-19-seen-slim

>However, we believe that in the case of the Philippines, returns from large-scale public-led infrastructure projects are typically not maximized due to hasty appraisal and a sub-optimal public procurement system. This could end up increasing the country’s debt burden without commensurate increase in productivity, weighing on growth potential,” it added.

Keep telling yourself that, Chink insectoid.
Jealousy.