Bakit nga ba?

Right now, the global economy is going through a massive shift. Mega-corporations like Apple, Samsung, and Tesla are pulling their multi-billion dollar factories out of China and looking for a new home in Southeast Asia.

The Philippines has millions of young, English-speaking, highly trainable workers. We should be the number one destination on Earth.

But when the global corporations fly over with their billions of dollars... they skip Manila and build their mega-factories in Vietnam and Indonesia instead.

Why? Because of a macroeconomic metric called the "Ease of Doing Business."

Imagine you want to open a simple restaurant in the Philippines. You have to go to the barangay, the city hall, the fire department, the BIR, and the SEC. It takes months of paperwork, dozens of signatures, and a maze of "fixers" and hidden fees.

Now imagine you are a foreign billionaire trying to build a $500 million semiconductor factory.

Foreign investors look at the Philippines and see three absolute nightmares:

We have the highest electricity rates in Asia.

Our internet and port infrastructure are broken.

Our government bureaucracy is so thick it takes years just to get a permit.

Vietnam looked at these billionaires and said, "We will give you the land for free, subsidize your electricity, and approve your permits in two weeks."

We didn't lose the manufacturing war because our workers aren't good enough. We lost because our bureaucracy is so toxic, we literally forced the richest companies on Earth to give their money to our neighbors.