SEVEN BIG WINNERS SECTORS

Agribusiness

The Philippine agricultural sector comprised 19% of GDP in 2009 and employed 34% of the labor force. Yet agricultural products made up only 8.3% of total Philippine commodity exports and Philippine agricultural exports were the smallest of the ASEAN-5. Table 22 contains agricultural exports and imports of the ASEAN-6 (less Singapore) for 2009 and shows that the Philippines exported US$3.2 billion, a very small amount compared to Indonesia, Malaysia, Thailand, and Vietnam.34 Of the five economies, only the Philippines imported more agricultural goods than it exported. Agricultural exports for the other four economies made significant, positive contributions to their trade balances.

[ Read This Chapter ]

Business Process Outsourcing

Information technology and business process outsourcing (IT-BPO) is the fastest-growing employment and one of the highest revenue generating economic sector in the Philippines today.42 IT-BPO is the biggest of our Seven Big Winners, because of its current size, high growth rate, and potential to employ millions of Filipinos. [ Read This Chapter ]

Creative Industries

The Creative Economy is defined as industries which have their origin in individual creativity, skill, and talent and which have potential for wealth and job creation through the generation and exploitation of intellectual property. [ Read This Chapter ]

[VIDEO] Headstart: ‘Dutertenomics’ to create 1 million...

27 April, 2017 at 10:53

President Rodrigo Duterte’s plan to build P8.4 billion in new roads, railways and bridges will generate one million jobs every year, one of his economic managers.

[OPINION] Impressive, sana!

25 April, 2017 at 09:30

The Infrastructure presentation last week was impressive. The use of social media to spread the word around was impressive as well.

ICTSI, DOTr launch first RoRo terminal

24 April, 2017 at 13:33

International Container Terminal Services Inc. (ICTSI) and the Department of Transportation (DOTr) launched Friday the country’s first container roll-on roll-off barge terminal project in Tanza, Cavite.

[OPINION] Perspectives on ‘Dutertenomics’

24 April, 2017 at 10:04

Build, build, build” is the new mantra of the Duterte administration, as our top infrastructure officials joined Cabinet economic managers in the “Dutertenomics Forum” held earlier this week.

Where have all the projects gone?

21 April, 2017 at 16:46

When Transportation Secretary Arthur Tugade talked of “revisiting” the vision for public-private partnership deals last July, few in the private sector could have anticipated the drastic impact it would have on the cornerstone initiative…

[OPINION] Reboot

21 April, 2017 at 14:50

When I was first introduced to the personal computer decades ago, there were times when the operating system did not work properly.

Antitrust body brings telco case to SC

20 April, 2017 at 15:00

The Philippine Competition Commission (PCC) took a defiant stand against industry giants PLDT Inc. and Globe Telecom, elevating to the Supreme Court a long-running legal row over their May 2016 joint acquisition of San Miguel Corp.’s telco assets.

[OPINION] Are they building yet?

20 April, 2017 at 13:00

I stayed in town during the Holy Week break and enjoyed a relatively less congested metropolis. The Holy Week population of Metro Manila may just be its maximum carrying capacity.

Dutertenomics: ‘Golden age of infrastructure’

20 April, 2017 at 10:50

President Duterte and Japanese Prime Minister Shinzo Abe are set to sign in November an agreement that would jump-start the construction of the country’s first subway system, Transportation Secretary Arthur Tugade said on Tuesday.

[OPINION] Our stubborn rice policy

19 April, 2017 at 17:00

I have written so much over the years, including in this column, about our deeply flawed policies on rice. It has been tiring and exasperating.

ODA deal with Japan to fund subway...

19 April, 2017 at 15:13

Transportation Secretary Arthur P. Tugade said yesterday that the subway project, the first of its kind in the country, will be funded both through official development assistance (ODA) and from the government’s budget.

Ditch rice policy, gov’t urged

17 April, 2017 at 12:00

The government’s policy on rice continues to be stuck on self-sufficiency and a conflicted practice on importation despite recommendations from local economic experts from the government, private sector and the academe as well as international

Government spends P605 B for infra in...

11 April, 2017 at 14:30

The government spent P605.5 billion on infrastructure in 2016, up from the 2015 spending but still below target due to procurement problems, the Department of Budget and Management (DBM) reported.

Action man

11 April, 2017 at 12:30

In four hours and a half, you can be in Beijing, or Tokyo, or Cairns in Australia on a flight from Manila.

Infra underspending rate narrows to 7.5% in...

10 April, 2017 at 10:22

The government improved its spending performance on infrastructure last year, greatly from road projects from the Public Works department, but has kept underspending levels “minimal” — in line with the new government’s goal.

Blackmail

7 April, 2017 at 10:12

Sometime in August 1981, American air traffic controllers walked out of their jobs after negotiations for pay and benefits fell through. They were warned not to strike because that is illegal for Federal employees under US law.

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