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Thursday, July 28, 2011

Some Bright Spots in the Philippine Economy

I am not an economist;  I will just mention what I have read regarding the Phil. economy.  These should make us proud and inspire us, despite all odds. Some bright spots:


Philippines is now number 2 in BPO, second only to India.  Phil is now number one in call center (voice business)The BPO is projected to bring in up to $25 billion in total revenues by 20l6 (Enhance Online News)

Other interesting stats:  Phil is l2th largest economy in Asia 32nd  in the world based in the purchasing power parity frim IMF report in 20l0.  Goldman Sachs predicted the Philippine economy to be the l4th largest economy in the whole word by 2050 (that is a long long time to go.

So much for the doom gloom prophets and tongue lashing vs the Philippine President.  Let us stay united behind him, aspire to be one of his KKK (buddies). We are getting there.  Let us just keep our acts together.

"Every generation needs a revolution an ENTREPRENEURIAL REVOLUTION."

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