“Why then should they seek work overseas? The quick answer is that there is a surge in unemployment as a consequence of the COVID-19 pandemic and the months of lockdown - and leaving the country may be the only hope they have for landing a job.” ... continue reading
One of the key topics of the Center for Research and Communication’s (CRC) Series of Economic Fora included the “Arts, Entertainment, and Advertising to Steer Philippine Economy.” Done in collaboration with the Philippine Department of the Interior and Local Government (DILG), Konrad-Adenauer-Stiftung Philippines Office, Censei, the DAP Graduate School of Public and Development Management, PSPA ... continue reading
“Transitioning to the Next Administration”, published on May 17, 2022 in his column “Business and Society” in the Manila Bulletin, CRC Director for Research Dr. Bernardo M. Villegas shares pointers on the best course to further strengthen the country’s tourism which will greatly contribute to the Philippines’ GDP growth. ... continue reading
When global leaders, top businessmen or executives talk about jobs post-COVID-19 pandemic, there is emphasis on technology, Work from Home, service with minimal physical contact, webinar meetings, acceleration of the pace of digital transformation, access to new platforms and digital marketplaces. They warn that there will be new ways of customer service and product delivery ... continue reading
According to renowned economist, Dr. Bernardo M. Villegas, now is the time for Foreign Direct Investors to invest in the Philippines for several factors. He explains, “…It is wise to consider the strong fundamentals of the Philippine economy (demographic dividend, strategic geographical location in the most dynamic economic region in the world today—the Indo-Pacific region—and ... continue reading
“…It is wise to consider the strong fundamentals of the Philippine economy (demographic dividend, strategic geographical location in the most dynamic economic region in the world today—the Indo-Pacific region—and vast natural resources, among others) as the main reasons for investing in the Philippines...” Over the ... continue reading
With the recent developments in the country, economists are looking closely at the future economic status of the Philippines as it shifts to a new administration. According to CRC Research Director Dr. Bernardo M. Villegas, the Philippines’ GDP can keep growing to at least 6 to 7% for the next six years or so. How? ... continue reading
If thousands of OFWs have come home through an amnesty program or voluntarily due to the ‘No work, No pay’ situation in their country of work, there are still millions who have decided or are compelled to stay. Thanks to the Coalition of Licensed Agencies for Domestic and Service Workers (CLADS) and the Overseas Placement ... continue reading
“Where will the next Government obtain the long-term capital needed to continue improving Philippine infrastructures by making sure we are investing 5 to 6 % of our GDP in this vital sector? The answer is a no brainer: Foreign Direct Investments.” … The amendment of ... continue reading
As entrepreneurs, one way to go about growing your business is by investing in different industries. Although it may have certain risks, the rewards can be far greater if you know the best place to invest in. If you are looking to expand and invest in other countries, one sure market to tap into right ... continue reading
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