The Philippines is transitioning into an Asian Economic powerhouse and if we could sustain the course,we could be the 13th largest economy in the World by 2050 based on the projections of HSBC.I am a staunch believer of this.Read:METRO MANILA rising.
It is happening.Growth is here.Despite the global economic slowdown,the Philippine economy is roaring.
I took the liberty of quoting some of the interesting points made in the documentary.Read the facts,feel the optimism and join the bandwagon in believing that we Filipinos can take our rightful place in the global stage.
"The fundamentals are very strong,consumption is there,people are positive,investment,domestic investment is literally overflowing.What we can really be proud of is that we stayed in the course,President Aquino has sacrificed political capital to do the right thing.People are also slowly,but surely changing.People are saying let's do it right this time around."----Jose Rene Almendras.SECRETARY OF THE CABINET
"Why is that happening and why is that a good thing at this point in time? #1,we have this consumer lead growth that's quite unique to us.#2,our government is far more seious and more organized from a macro-economic point of view at this point in its history.We have the largest amount of foreign exchange ever in our history with 70B USD,that's unheard of in our country.That gives it a sense of stability and gives the currency its strenght that it hasn't had in the past.At the fiscal side, we are in a far more stable state than ever before.Our deficit as a % of GDP is far lower now than ever before.That gives our government the tools to pump our economy".---Jaime Zobel de Ayala
Director of Photography: Stefan Herbruger (Shutter Republic)
Post-Production: Underground Logic
Narrator: Trevor Jones Shot on location in The Philippines.