The Philippines grabs the Top 52nd spot! | Marvin Germo

The Philippines grabs the Top 52nd spot!

By: Marvin Germo | September 3, 2014

No, this is not our place in terms of basketball rankings, where we place 34th overall around the world!  This is our seed in how competitive we are in terms of business on the global stage!

Economic Progress Philippines

As what they have been yelling out in the on going FIBA games — “Laban Pilipinas!  Puso!”  We are not only battling it out in the world of basketball but we are also making waves and gaining respect in bigger economic arenas that will impact out country not just now but for the long term!

Over the past 4 years we have gone up 33 notches in the World Economic Forum’s Global Competitiveness Report, this further validates on how good our economy is and how other credit rating agencies see the Philippines as a country that is ready to take its place.  Among other countries in the region we are the highest gainer in terms of growth in the competitiveness rankings.

World Economic Forum

This is a by product of the world is starting to notice that the reforms that have been put in place is what’s going to bring this country forward!  Based on the report here are areas where we have been strong at and where improvement has been found:

Business sophistication
Macroeconomic Environment
Market size
Financial market development
Financial market innovation
Technological readiness

While this is where we scored the low and which I beleive the government should focus on:

Infrastructure
Corruption
Security
Costs that threat of terrorism

Why do I love posting all of these things?  Shoing everyone how amazing our economy is?  Because, foreign funds and foreign investors know how amazing our country is and how amazing it will still be in the future.  If they see our country as a gem, it’s time for us, locals to actually see the value that our country has, and for us to maximize and start investing in our country.  My goal is to bring more consumers to investors and to help more Filipinos be financially free.  And one of the best ways for us to be able to be financially free is to teach them how to invest.  When you have a conviction that our country is bound to shock the world and do amazing things, this will give you the conviction to start investing!

It’s time to invest and be financially free!  The best time to invest is now!

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Thanks to everyone who attended Stock Smarts Conference UAE 2014!  It was such a heartwarming experience to be able to sow into your lives!

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*pictures via google search