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00:18.0
Kamusta kay John mga kamets!
00:21.0
Hindi na mga kamets na mga kamets!
00:24.0
Ayan may konting ano pa may konting ubo pa tayo
00:27.0
Pero salamat naman sa Diyos.
00:30.0
We're getting there, getting back to energy!
00:33.0
Speaking of energy,
00:36.0
whistleblower daw!
00:40.0
Ayan talaga hindi natin makontrol.
00:42.0
May bagong pakulo ang itong mga
00:45.0
Moharlika vloggers!
00:48.0
Ayan talaga. Ayan talaga tayo eh.
00:51.0
Ito yung isa sa mga realignments
00:55.0
na medyo hindi natin na-anticipate.
00:57.0
Of course mga kameta,
00:59.0
pagod tayo punta dyan sa Formula 1
01:02.0
Ferrari Diplomacy
01:05.0
ni President BBM sa Singapore.
01:09.0
Ayan may pledges na naman daw
01:11.0
from soft pledge to hard pledge.
01:15.0
Mamaya pag-usapan natin yung mga
01:18.0
paiba-ibang mga pledges
01:20.0
at yung mga katotohanan.
01:21.0
Pagdating sa foreign direct investment
01:23.0
pakita natin yung mga numbers
01:25.0
from Banco Central ng Pilipinas.
01:28.0
Okay. Balikan natin ito.
01:31.0
Hindi ko talaga na-anticipate talaga
01:33.0
itong full realignment
01:37.0
Masahin natin yung mga muscles natin
01:42.0
Hindi ko talaga na-anticipate yan.
01:45.0
hindi ko alam kung anong peg neto
01:47.0
pero may pagka whistleblower peg
01:55.0
Tuloy ngayon pag may nakita ko
01:57.0
eyeglasses na medyo
02:00.0
medyo 1960s style
02:02.0
ang tawag ko na dyan
02:06.0
Alright. Tuloy hindi ko na sinasuot
02:08.0
yung mga cat style
02:09.0
Armani eyeglasses natin.
02:12.0
Hindi. Ito, ito, ito.
02:14.0
Let's get real mga kameta.
02:16.0
Let's get real medyo.
02:18.0
Ayan na naman tayo eh.
02:20.0
Only in the Philippines.
02:21.0
Only in the Philippines.
02:26.0
or just over a year ago
02:28.0
and not so long ago
02:30.0
may mga kaibigan tayo dyan
02:31.0
na nagka-question
02:33.0
dun sa mandato ni Vice President
02:36.0
duly elected Vice President Lenny Robredo
02:39.0
as the Vice President.
02:41.0
May mga tao tayo dyan
02:43.0
na nagka-question
02:45.0
sa ating demokrasya
02:47.0
nagkakalat ng fake news
02:50.0
parallel universe
02:53.0
Tapos ngayon bigla
02:57.0
Ayan na. Ayan na.
03:03.0
Nakikita niyo naman diba yung pinose natin dito
03:08.0
ganda ng background.
03:10.0
Yung background ala Kingmaker
03:12.0
Napanood niyo yung movie na Kingmaker ni
03:16.0
Yung background puro mga pintura
03:20.0
may mga ganyan level
03:30.0
kasi daw may mga meeting daw
03:31.0
ng mga Smartmatic
03:34.0
Yung fact ng isang araw
03:35.0
was just like online lang
03:37.0
live yung isang conference
03:39.0
na alam niyo ng mga sino
03:40.0
na ito yung mga nagka-question
03:42.0
sa result ng last year's election
03:46.0
ang mga guest speakers
03:50.0
Si Tony and si Glenn Chong
03:52.0
Parang sabi ko talagang interesting
03:54.0
itong mga nangyayaring mga
03:58.0
in the Philippines
04:00.0
it got even more interesting
04:05.0
isang very high level
04:08.0
very credible discussions
04:10.0
yung mga ibang kaibigan natin dyan
04:13.0
meron pala sa Facebook
04:16.0
si Atty. Glenn Chong
04:19.0
estrategiyang legal
04:21.0
para panlaban sa Comelec
04:26.0
naging konyo yung ano ko
04:29.0
O kaya kung kaya na
04:31.0
kaya na manood nito
04:33.0
Feeling ko malapit na mag-guest
04:36.0
kung makakapunta pa sa Pilipinas
04:38.0
or over Zoom siguro
04:40.0
ano yung grupo nung nagka-question
04:41.0
ng result ng elections last year
04:47.0
So ito, panorin nyo yun online
04:53.0
Si Atty. Glenn Chong
04:55.0
at saka si Maharlika
04:57.0
ay pinag-usapan daw
05:02.0
behind last year's elections
05:04.0
Hindi daw toto yung mga numbers
05:06.0
At least one of the two
05:08.0
ay nag-guest dun sa event
05:11.0
hosted by yung mga
05:15.0
Mga pro-lenny people
05:17.0
ay nag-host ng mga ganyan
05:21.0
Talagang malapit na magka-crossover
05:23.0
na yung mga iba dyan
05:27.0
The extreme of both sides
05:28.0
meeting each other
05:30.0
Bahala na kayo dyan
05:32.0
Bahala na kayo dyan
05:34.0
Yun lang sasabihin ko
05:35.0
Bahala na kayo dyan
05:36.0
Basta makinig kayo dyan
05:38.0
Basta yan ang realignment
05:40.0
na hindi ko na-anticipate masyado
05:42.0
Hindi na-anticipate naman natin
05:44.0
Pero medyo nag yung next level
05:47.0
Nag-host na sila sa isa't isa ngayon
05:51.0
Kung ikaw ay pro-lenny ngayon
05:53.0
Baka gusto mong panorin ito
05:55.0
Kasi pag di mo tanggap yung resulta
05:57.0
ng last year elections
05:59.0
Apparently the strongest
06:03.0
yung mga may ebidensya
06:05.0
yung mga analysis
06:09.0
Ganyan talagang Pilipinas
06:11.0
Ganyan talagang Pilipinas
06:15.0
The enemy of my enemy is my friend
06:17.0
My friend is my ally
06:19.0
My ally is not my friend anymore
06:21.0
My enemy is my ally now
06:23.0
Ay nako talaga tong
06:29.0
There was an interesting situation
06:31.0
Medyo huminit ang ulo ko few months ago
06:33.0
There was this event hosted
06:35.0
in honor of an award won by
06:37.0
Someone very close to our heart
06:41.0
And then, of course, ito sa event na yan
06:43.0
Marami mga progressives
06:45.0
Marami mga human rights activists
06:47.0
Marami mga tao na sumusuporta
06:51.0
ng ating demokrasya
06:53.0
at respeto sa ating
06:59.0
And then, doon among the crowd
07:01.0
nakita ko, doon yung mga
07:05.0
Forum, forum, bakery, bakery
07:07.0
Pro-China, Pro-China
07:09.0
yung mga ganyan tao
07:11.0
Ito yung problema talaga sa oposisyon
07:13.0
Ito talagang problema sa oposisyon
07:17.0
Basta kung sino-sino na lang kasama
07:19.0
Para lang ma-question yung ayaw nila ngayon
07:23.0
Wait lang, huwag natin kalimutan
07:31.0
Nakita ko yung isa pang realignment
07:33.0
So doon sa ibang oposisyon
07:35.0
na dahil anti-ETCA sila
07:37.0
Dahil anti-ETCA sila
07:39.0
Biglang ang mga kasama nila
07:43.0
Wait lang, very interesting
07:45.0
Bakery, ano, analysis
07:47.0
And then yung iba naman
07:49.0
Dahil hindi nila matanggap yung
07:51.0
resulta ng election last year
07:53.0
Biglang kasama nila yung mga tao
07:57.0
ng, forget about the election last year
07:59.0
but the very mandate
08:03.0
in the 6 years that she was the vice president
08:05.0
I mean only in the Philippines to see something like that
08:07.0
Like totally, people like
08:11.0
registry of memories
08:15.0
Yan talaga sa Pilipinas
08:17.0
Sa Pilipinas, mahal na mahal natin
08:21.0
Huwag natin ubusin ang energy natin dito
08:27.0
Ano yun? Buljak TV ba yan?
08:33.0
Buljak TV dyan sa
08:43.0
Now, hindi pa tapos
08:45.0
ang usapan Pilipinas
08:47.0
Mahal na mahal ko talaga
08:51.0
Mahal na mahal talaga natin ang bansa natin dahil
08:53.0
daming pangyayarin na talagang pang first world
08:55.0
Daming nangyayarin na
08:57.0
talagang very encouraging
08:59.0
especially sa mga konyotics
09:01.0
Alright, eto eto eto
09:05.0
So, mukhang legit yung picture
09:07.0
na nakita natin speaking of
09:11.0
Let's go naman to Maharlika lifestyle
09:13.0
Aristocratic lifestyle
09:15.0
Very high level lifestyle
09:17.0
Jet setter lifestyle
09:19.0
Jet setter lifestyle
09:21.0
Pag-usapan natin mga
09:25.0
Because things are very very interesting
09:27.0
Only in the Philippines
09:29.0
Eto talaga yung mga only in the Philippines
09:33.0
Mukhang legit yung picture na to
09:35.0
na nanonood ng Formula 1
09:37.0
ang ating mahal na Pangulo
09:41.0
Kumagawa na naman ng
09:45.0
Nag-meet with Prime Minister Liu Xianglu
09:49.0
At mga Singaporean leaders
09:51.0
Obviously this is not the first time that we see our
09:53.0
Beloved President
09:55.0
Going to watch Formula 1
09:59.0
Yung gawin natin French
10:07.0
Medyo naging Algerian na yung accent ko
10:09.0
Yung problema na nag-French ako
10:11.0
Kaya kung nag-stop ako
10:13.0
Nag-French nagano na lang ako
10:15.0
Espanyol na lang ako sabi ko
10:17.0
Kasi daw yung accent natin naging Algerian
10:19.0
Hindi na Parisian
10:27.0
In Paris naman kay Paolo Marcos Jr.
10:29.0
He had a very good speech at the Milken Institute
10:31.0
I saw again katulad ng pinagsapan natin
10:33.0
Last week I saw some very good
10:37.0
Commentaries by our good friends
10:39.0
Based in Singapore
10:41.0
They found the speech very fascinating and interesting
10:43.0
But of course alam natin na hindi lang
10:45.0
Pang Milken Institute
10:49.0
International Affairs
10:51.0
But also, katulad ng last year
10:53.0
Kailangan ng magpamparelax ang ating
10:55.0
Minamahala Pangulo
10:57.0
At pumunta siya dyan sa Formula 1
11:01.0
In fairness naman, hindi pumunta all the way sa
11:05.0
Mayang tabi-tabi lang
11:07.0
Singapore-Singapore lang
11:09.0
Hanapin natin itong
11:11.0
Nasan yung article ng Billionario
11:13.0
Ito yung article ng Billionario
11:15.0
Nag-blowout daw ang ating Pangulo
11:19.0
Pumunta ulit siya sa Singapore
11:31.0
Di naman nananalong Ferrari ngayon
11:35.0
Sorry ah. Naka-sakwe.
11:37.0
Na-fanding ako ng Formula 1
11:41.0
Hindi tayo pumunta sa Formula 1 sa mga birthdays natin
11:45.0
Ano naman? Baka naman
11:47.0
Baka naman balang araw
11:49.0
Pag mag-presidential spokesman tayo
11:57.0
Magagalit na naman sa akin yung mga kabila naman ngayon
11:59.0
Alam niyo mga kameta
12:01.0
Ganito, kung legit ka talagang analyst
12:03.0
Kung legit ka talagang public thinker
12:05.0
Kung legit ka talagang may pagmamahal sa bayan
12:07.0
Equal opportunity
12:09.0
You're gonna provide
12:11.0
Constructive critique
12:13.0
Ang problema ka dun sa mga iba dyan
12:15.0
Na blogger, pa intellectual
12:17.0
Wala eh. Nagaano lang kayo eh
12:19.0
Di naman kayo independent eh
12:21.0
Nagaano lang kayo eh
12:25.0
Nagpa-pander lang kayo sa audience niyo eh
12:29.0
One day I'll say something that may ruffle some feathers here
12:31.0
The next time I'm gonna say something
12:33.0
We're gonna ruffle feathers there
12:35.0
You know what? Because that's what we do
12:37.0
That's what we should do
12:39.0
Kung talagang gusto natin yung matinong
12:43.0
Pagsusuri dun sa ating mga problema sa ating bayan
12:45.0
Na ako naman again, I try to be very fair
12:47.0
I mean of course on one hand
12:49.0
I welcome that some of these
12:51.0
Bloggers na nagkakalat ng
12:53.0
Fake news in the past
12:55.0
Siguro namulat sa buhay
12:57.0
At may mga pinagsasabi
12:59.0
But I'm gonna always take what they say with a grain of salt
13:01.0
So I have a question with some people
13:03.0
Who were just one year ago attacking these people as complete jokes
13:05.0
And then now suddenly invoking them
13:07.0
As possible legitimate whistleblower
13:09.0
Are you kidding me?
13:11.0
Seriously, are you kidding me?
13:15.0
Now at the same time
13:17.0
Okay, I mean fine
13:19.0
The president, they have their own resources, etc
13:21.0
So this is not a confidential fun issue
13:25.0
You have a birthday, you go there
13:27.0
I appreciate going out, making visits, etc
13:29.0
Now obviously, yung nangirinig natin
13:31.0
Explanation is wag kayong magalala
13:33.0
Okay naman to kasi productive naman yung meeting
13:35.0
May mga pledges na naman
13:37.0
Kanina daw may meeting with Prime Minister Liu Xianglu
13:39.0
Etc, tapos na yung elections nila
13:41.0
For the president sa Singapore
13:43.0
Nanalo yung isang Deputy Prime Minister
13:45.0
So things are going smoothly, fantastic
13:47.0
Blah, blah, blah, blah, blah
13:49.0
Okay, again, but this is again
13:51.0
Let's look at the numbers
13:55.0
Katulad ng sinabi natin
13:59.0
I like the fact that the president's
14:01.0
Going around and meeting world leaders
14:03.0
And presenting a more respectable
14:05.0
Version of our country
14:07.0
Hindi na tatay style geopolitics
14:09.0
And I very much like the intervention
14:11.0
By the president last year
14:13.0
Sorry, last month, no earlier this month
14:15.0
Actually dun sa ASEAN Summit
14:17.0
I appreciate that, so we're fair
14:19.0
At the same time, I still want to see
14:21.0
The evidence that this
14:23.0
Commercial diplomacy
14:25.0
Is actually quite effective because
14:29.0
That these visits abroad
14:31.0
Are getting us investment
14:35.0
3.4 trillion pesos
14:39.0
Close to 80 billion dollars
14:41.0
Yung pledges daw na nakuha natin
14:43.0
Dun sa first year na intensive
14:45.0
International visits at commercial diplomacy
14:47.0
Ng ating pangulo, I mean again
14:49.0
I appreciate the effort
14:51.0
So this is the claim
14:55.0
Right? Yun daw, yun daw nakuha
14:59.0
Wag daw tayo magalit na nagpo-formula
15:05.0
May nakuha ng investment
15:07.0
Yung problema ko naman is
15:09.0
Simple lang naman eh
15:11.0
Ayon sa sarili natin
15:15.0
Ito po yung katotohanan
15:17.0
Yung in-order mo sa Shopee
15:21.0
Ito po yung situation natin ngayon
15:23.0
Now, again, this is not to besmirch
15:25.0
Yung effort because I think the efforts
15:27.0
Of the president are commendable
15:29.0
And not only him, DTI, etc
15:31.0
But at the same time
15:33.0
We have to also look at the actual numbers
15:35.0
So ayon sa Banko Central ng Pilipinas
15:41.0
Yung year-on-year investments
15:43.0
Tignan niyo, pababa
15:49.0
We got 80 billion dollars
15:53.0
In the same year that we got all these pledges
15:55.0
Actually FDI went down
15:57.0
Well, it takes time
15:59.0
Huwag tayo mag-ano
16:01.0
Huwag tayo mag-expect ka agad
16:05.0
Huwag tayo mag-advance mag-isip
16:07.0
I get it but at the same time
16:09.0
Sana naman, diba?
16:13.0
It's clear na meron tayong problema
16:15.0
In the sense that
16:17.0
Mukhang yung commercial diplomacy natin
16:19.0
Is not yet translating into
16:21.0
Actual investments
16:23.0
Madali kumuha ng pledges
16:25.0
Pala in fairness naman, nag-upgrade naman daw
16:27.0
From soft pledge to hard pledge
16:31.0
Dahil sa ating formula or diplomas
16:33.0
But come on guys, seriously
16:35.0
This is Banko Central ng Pilipinas
16:39.0
Na bumaba ba yung investments
16:41.0
Actually over the past year. Of course we're not happy
16:43.0
Because we want more investments to come in
16:45.0
And that's why I'm saying it's time for us to have a
16:49.0
And discussion about
16:51.0
Ano ba talaga yung mga factors na nagkocontribute
16:55.0
Now obviously we can always blame
16:57.0
Short term trends, I don't know
16:59.0
Declining growth rates
17:01.0
Concerns with inflation
17:03.0
But the reality is that kung super effective talaga yung
17:05.0
Kasalukuyan ng commercial diplomacy natin
17:07.0
At the very least
17:09.0
We should see some flashes
17:11.0
Of brilliance here and there
17:13.0
And so far we're not seeing that
17:17.0
As important as commercial diplomacy is
17:19.0
Let's not over read into it
17:21.0
Let's not exaggerate
17:23.0
And go hyperbolic about it's benefits
17:25.0
Let's realistically look at
17:27.0
Yung mga bagay na kailangan natin
17:29.0
Gawin para maging
17:31.0
Mas attractive talaga ang Pilipinas
17:33.0
Sa foreign investors
17:35.0
Kasi mga foreign investors hindi naman nabubudul
17:37.0
Yung mga yan na ano lang eh
17:39.0
Hindi naman sila nandun lang isang TikTok video
17:41.0
Tapos naiwalan sila maglaya na sila ng billion billion
17:43.0
It doesn't work that way
17:47.0
It just doesn't work that way
17:51.0
Okay mamay nga yan
17:53.0
We have to do more
17:55.0
We have to go back to basics
17:57.0
Kailangan talaga natin
17:59.0
We have to find out what are the things that are turning off foreign investors
18:01.0
Bakit bumababa yung FDI
18:03.0
Just as pledges are supposedly exploding
18:05.0
And going through the roof
18:07.0
So clearly something is kulang here
18:11.0
Kulang dun sa ginagawa ng ating
18:15.0
Kulang dun sa positive trajectory
18:17.0
Na gusto nila makita sa infrastructure
18:21.0
You know, transparency
18:23.0
Hindi nila sure kung saan pumupunta yung pera
18:25.0
Ng siguro kabahan ng bayan
18:27.0
Yung mga nai-read nila about confidential funds
18:29.0
Baka natin turn off sila
18:31.0
We have to find that out
18:33.0
Obviously I know what are the answers
18:35.0
But I want to be fair here
18:37.0
My answers are based on my own interaction
18:39.0
Because we, you know
18:41.0
Inihingi tayo ng advice ng
18:43.0
You know, the biggest hedge funds
18:45.0
And the leading people around the world
18:47.0
Hindi naman tayo nagyayabang
18:49.0
But this is one of the things I do
18:53.0
Macro-political economic advisory
18:55.0
To the biggest hedge funds sometimes
18:57.0
So I know where they're coming from
18:59.0
And biggest industrial manufacturing group
19:01.0
So alam ko kung concern sila
19:03.0
But again, just to be fair
19:05.0
And not to impose my own views
19:07.0
At sabihin dahil itong narinig ko at itong katotahan
19:09.0
Let's have a proper national discussion
19:15.0
Alone is not gonna work
19:19.0
Singapore-Singapore investments
19:21.0
By the way, a lot of investments that come into the Philippines
19:25.0
They're actually from other countries
19:27.0
Passing through Singapore
19:29.0
Because Singapore is a hub
19:31.0
Is a regional hub, right?
19:33.0
Sometimes you have to distinguish
19:35.0
Is this really an investment from Singapore-based companies?
19:39.0
Or this is from foreign, European
19:41.0
Japanese, whatever companies
19:43.0
Who have ASEAN-based companies
19:45.0
And then they get diversified to the regional headquarters in Singapore
19:47.0
So, medyo komplikado itong bagay na ito
19:49.0
And we have to break it down
19:51.0
So for me, at the very least
19:53.0
Kailangan natin ng
19:55.0
Talagang masinsina na pagsusuri
19:59.0
You know, isuliranin
20:01.0
I mean, this is our predicament
20:03.0
Bakit bumaba ba ang FDI sa Pilipinas?
20:07.0
Why is the Philippines
20:09.0
Is not getting the billions and billions
20:11.0
Of investments that it's supposed to get?
20:15.0
Napag-iwanan na tayo ng mga kapit-bayin natin?
20:17.0
Because if you're talking about declining growth
20:19.0
I mean, that's also being suffered by a lot of our neighbors
20:23.0
So, I'll give you
20:25.0
I'll close on this note because I want to open
20:27.0
On some more positive note
20:29.0
Ito actually ang article natin bukas
20:31.0
Sa Philippine Daily Inquirer because I'm calling on the President
20:33.0
To have a new national economic strategy
20:35.0
Na hindi lang ngang macro-pudensyal
20:37.0
Hindi lang katulad naman sinasabi ng local economist
20:39.0
Is focus tayo on inflation
20:41.0
Inflation management is important
20:43.0
Growth is also important but what we need is high quality growth
20:45.0
What we need is to move up dun
20:47.0
Sa value chain of production
20:49.0
What we need is to bring in your high quality investments
20:51.0
What I want to see from
20:53.0
President Marcos Jr. is
20:57.0
Itong gusto kong makita
20:59.0
Itong gusto kong makita
21:01.0
Kaysa yung mga Formula 1, Formula On
21:07.0
I'm not a fan of Elon Musk
21:09.0
Go on Twitter, I've been bashing the guy right and left
21:11.0
Sobrang Karen na siya ngayon
21:15.0
But, he's still a very important man
21:19.0
He can still be a good source of investments
21:21.0
And technology transfer to the Philippines
21:23.0
Hindi lang yung kumikita sa atin dahil dun sa kanyang
21:25.0
Space X, yung mga internet
21:29.0
President Marcos Jr. has to do what Jokowi has been doing
21:31.0
Personally hosting and meeting
21:33.0
The Elon Musks of this world
21:35.0
Big tech company guys
21:37.0
Go and meet them sir
21:39.0
Arrange meetings with them
21:41.0
Either go to Silicon Valley
21:43.0
Punta ka sa Texas
21:45.0
That's where Elon Musk is
21:47.0
Or host them, invite them to the Philippines
21:49.0
Invite them to the Philippines
21:51.0
Have a meeting with them
21:53.0
This is what President Marcos should do
21:55.0
I know for a fact that President Marcos Jr. is more a math and science kind of guy
21:57.0
Than social science and history and economics kind of guy
21:59.0
So, go and meet these guys
22:01.0
He's our President
22:05.0
That's the more cool stuff
22:07.0
Go and visit the Tesla factory
22:09.0
Pag-usapan niyo kung pwede magkaraan ng battery production
22:13.0
Marami din naman tayong mga lithium
22:17.0
I mean I come from the Cordilleras
22:19.0
I know that in the Philippines we have a lot of
22:23.0
And precious minerals
22:25.0
Na mahalaga dun sa mga
22:27.0
Next generation technologies
22:29.0
Including the production of EV batteries
22:31.0
Pag-usapan natin yan
22:33.0
Gawin dapat sana ni BBM eto
22:35.0
Makipag-meeting siya sa mga leaders
22:37.0
No, kaya naman yan
22:41.0
I know for a fact you can arrange these kinds of things
22:43.0
I think Elon Musk wouldn't mind meeting also
22:45.0
Marcos Jr. not only Jokowi
22:47.0
And I think they'll have a good time together
22:51.0
Medyo may outright kasi si Elon Musk
22:55.0
Not kidding, half kidding
22:57.0
This is what we need
22:59.0
Okay, I'm into personal commercial
23:01.0
But I want big tech, high tech
23:05.0
Yan ang dapat gawin ni Paolo Marcos
23:07.0
Now, the Jokowi one is not so successful yet
23:09.0
Because nag-decide si Elon Musk
23:11.0
To put some Tesla production in Thailand
23:15.0
You have to sow the seeds of high tech
23:17.0
Investments coming in
23:19.0
Speaking of the Philippines improving relations
23:23.0
Dapat sana ito rin mangyari sa atin
23:25.0
Si Biden pumunta pa sa Vietnam
23:27.0
Hindi sa Pilipinas
23:29.0
E Pilipinas na nga yung ally ng US
23:31.0
Pilipinas na nga mag-ETCA
23:33.0
Tayo pa nga magbigay na access sa military base sa kanila
23:35.0
And at the same time
23:39.0
Si Biden pumunta sa Vietnam
23:41.0
Hindi naman nila aliado
23:43.0
Tapos dadaliin pa niya
23:45.0
Yung mga big tech company
23:47.0
Executives sa Vietnam
23:53.0
Big companies for manufacturing
23:55.0
So, kaya nga napag-iwanan tayo
23:57.0
Ng mga kapit-bahay natin
23:59.0
Because yung mga kapit-bahay natin
24:01.0
They don't only have strategic defense
24:03.0
Diplomacy, they also have
24:05.0
High tech commercial diplomacy
24:07.0
This is what we need to do
24:09.0
Guys, Indonesia and Vietnam is not super
24:11.0
Ahead of the Philippines
24:13.0
And yet, these countries are talking in the case of Indonesia
24:15.0
Building their own Tesla factories
24:17.0
And in the case of Vietnam
24:19.0
Building their own high-end semiconductor factories
24:23.0
Vietnam already has its own EV industry
24:25.0
The VinFast industry
24:27.0
Which, last time I checked, is still in the top 10
24:29.0
Cars in the world
24:31.0
Based on market capitalization
24:33.0
Although we have some issues about the smoke and mirrors
24:37.0
But, do you get what I'm saying?
24:39.0
Again, there's no guarantee that this will work
24:41.0
Just because we host some high-tech executives
24:45.0
With some foreign leader
24:47.0
It will essentially translate into semiconductor investments
24:49.0
No, there's no guarantee
24:51.0
There's no guarantee that you'll meet Elon Musk
24:53.0
And Elon Musk is just going to jump in
24:55.0
No, I'm not saying that
24:57.0
But I'm saying, at least, that's what our presidents and leaders do
24:59.0
This kind of personalized
25:03.0
High-tech diplomacy
25:05.0
Be like Jokowi, go and meet Elon Musk
25:09.0
When you host American leaders
25:11.0
Also host many big tech American companies
25:13.0
Who really want to do
25:15.0
Manufacturing high-end investment
25:17.0
In the Philippines, not just BPO
25:19.0
And as I mentioned, the problem I have with BPO
25:23.0
These are not very
25:25.0
Well, AI could replace
25:27.0
A lot of jobs there
25:29.0
And they're not up the value chain
25:31.0
To be honest about it
25:33.0
They're not the highest of high-end services
25:35.0
And services in general are not going to create you the jobs that we need
25:39.0
That's my advice to our presidents
25:43.0
When foreign leaders come in, make sure they bring in
25:45.0
Companies along with themselves
25:47.0
And meet them, talk to them, be like Jokowi
25:49.0
Go and meet Elon Musk
25:51.0
Something like that
25:57.0
I'm sure President BBM
25:59.0
Will enjoy being in Tesla factory for his next birthday
26:01.0
Or something like that
26:03.0
You know where that suggestion came from
26:05.0
When it happened next year
26:07.0
Pong Bo Mark was suddenly in Tesla factory
26:11.0
I will respect that far more
26:13.0
I will respect my formulas
26:21.0
I'm not impressed with just pledging
26:23.0
Because I want to see actual numbers coming in
26:25.0
As far as actual numbers is concerned
26:29.0
Banco Central, the FDI went down
26:31.0
In the Philippines over the past year
26:37.0
It's funny because what can we do?
26:39.0
We were shocked again
26:41.0
There has to be some adjustments here in the strategy
26:43.0
By the administration
26:45.0
We have to do some legit stuff
26:47.0
To get the ball rolling
26:49.0
Because otherwise, the Philippines
26:51.0
Will just be a Pearl Harbor of Western powers
26:53.0
This is where I kind of agree
26:55.0
With the other side
26:57.0
Let's not be all military
26:59.0
See, the FDI went down
27:01.0
Over the past year
27:05.0
Banco Central's data
27:09.0
I'm glad the President
27:11.0
Is enjoying himself and taking care of himself
27:13.0
Happy birthday, President Mark Jr.
27:15.0
But, let's level up
27:19.0
The commercial diplomacy
27:21.0
For the country, thank you very much
27:23.0
To our friends here on YouTube
27:25.0
Shoutout to John Wiser is nicer
27:27.0
Okay, I shoutout you, you're from the same place
27:29.0
Bonjour, mademoiselle
27:31.0
We have friends from
27:35.0
GamingadventureYT
27:41.0
Original from Pangasinan
27:43.0
Thank you for joining us
27:45.0
We're not there yet
27:49.0
Thank you very much for joining us
27:51.0
Alona Golis, Ma Victoria Baltazar
27:55.0
Haji Ali, thank you very much for joining us
27:57.0
BBM is a fan of Formula 1
28:01.0
Thank you also to our
28:03.0
Comments that love us
28:05.0
Mom Jocelyn as always
28:07.0
Annabelle Gamoras
28:11.0
She said she trusts foreign investors
28:13.0
That's because foreign investors
28:15.0
Won't just bring it to one vlog
28:19.0
You already know that
28:23.0
We're smart investors
28:29.0
Thank you so much for joining us
28:31.0
Jim Florence, Cora Ines
28:43.0
I have work to do at home
28:45.0
Talk to you guys soon