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Philippines Will Be Growing for Next 3 Years, Says SM Investments’s Sy-Coson

Sep.19 -- Teresita Sy-Coson, vice-chairperson at SM Investments Corporation, discusses growth in the Philippines, their investment strategy, their push into online, their M&A ambitions, their business in China and the biggest risk facing China. She speaks on “Bloomberg Markets: Asia” from the sidelines of the Milken Institute Asia Summit in Singapore.

Пікірлер: 102

  • @user-jj1br3co8z
    @user-jj1br3co8z4 жыл бұрын

    *The Philippines has strong domestic market, does not rely on export, growing middle class, faster build build build projects to open up & energized the market, young educated demographics... others...* *The Philippines has a shield against world recession... The Philippines may not grow so fast but it will have stable growth and will continue to have economic expansions...* 👍

  • @amazeangelogames3165

    @amazeangelogames3165

    2 жыл бұрын

    True

  • @yeqo6439
    @yeqo64394 жыл бұрын

    I wish i'm still alive to see the Philippines growth

  • @juliusperez5061

    @juliusperez5061

    4 жыл бұрын

    haha...depende yan sa botante kung magpapauto cla

  • @nnnrawr3575

    @nnnrawr3575

    3 жыл бұрын

    BUMOTO NG TAMA!!

  • @Strega4646
    @Strega46463 жыл бұрын

    I LOVE TESSY! I'm always watching her interviews. I am always amazed on how positive she makes philippines be even though the question being thrown at her are the negative sides of the philippines. She is just positive about our country's business, market and economy. I'm inspired to become a good an smart businesswoman like her.

  • @fennychavez6634
    @fennychavez66343 жыл бұрын

    My God I was so amazed watching Teresita Sy-Coson’s interview my first time and you can tell she knows what she’s talking about highly educated. Knowing that she’s a very rich woman she’s very simple I’m really a fan!

  • @dangelobana-ay1669
    @dangelobana-ay16694 жыл бұрын

    If we just have a president like ROA for a 20 Years. I think Philippines will be one of the richest country in Asia.

  • @wangm7348

    @wangm7348

    4 жыл бұрын

    Well, China is smiling ~

  • @echo1617

    @echo1617

    4 жыл бұрын

    His daughter is very influential, it is possible that she might be his successor. It would likely be a decade of Duterte in presidency.

  • @S_Shadow_ss
    @S_Shadow_ss4 жыл бұрын

    Kulang satin mga pilipino at Ang entrepreneur

  • @user-jj1br3co8z
    @user-jj1br3co8z4 жыл бұрын

    (an opinion) ☝️ *The Philippines maybe not be directly connected to central Asia but its location is so great that it can be a good business hub - it's sorrounded & face the southeast asian nations and it can be a great connection-economic hub of the main Asia and the eastern & western countries in the Pacific...* *If the political system, infrastructures and the Tax system of the Philippines will continuously improve - their will be more businesses coming to the islands nation - more demands for workforce - more demands for real estate - faster growth...* 👍 *The country has young educated demographics and faster growing middle class, more retirees discovering the country as favorable retirement destination, tourism is growing as the nation & people are now opening their beautiful 7000 plus islands to the world, education in the Philippines is cheap despite it use english in their curiculum, build build build slogan of the current administration are ongoing, recessions happened but the Philippines continued to grow, ... and others... these can signal a proof that there are economic improvements in the former "poor man of Asia" - regaining its former glory as an economic hub...*

  • @miguelchico6792

    @miguelchico6792

    3 жыл бұрын

    💯

  • @johncortcortel7437

    @johncortcortel7437

    2 жыл бұрын

    👍👍👍

  • @marcanthon1237
    @marcanthon12374 жыл бұрын

    ❤❤❤❤🇵🇭🙏🙏

  • @adelaidecorpuz2077
    @adelaidecorpuz20774 жыл бұрын

    In our city in the phil. We have 2 sm

  • @bonkersblock
    @bonkersblock4 жыл бұрын

    Macro economics and remittances from OFW ! Creates a barrier from all the headwinds in global uncertainty! Plus growing tourism industry Philippine is one of those countries that doesn’t force tourists to go broke just to have a holiday and government spending will remain strong for the next decade! Philippines is also not trade dependent to a single country because it’s trade balances are diverse although it has trade deficits with China that needs to be addressed, other than that? Philippines has nothing but good things going on for them, furthermore when that oil deal with China somehow miraculously materialize? That will catapults Philippines position from energy dependence to energy self sustainable it result with more surplus..

  • @VivaciousStrutting
    @VivaciousStrutting4 жыл бұрын

    The Philippines will be mildly affected by any incoming financial crisis.

  • @surveyguyor8958

    @surveyguyor8958

    4 жыл бұрын

    what is an "incoming financial crisis"?

  • @VivaciousStrutting

    @VivaciousStrutting

    4 жыл бұрын

    @@surveyguyor8958 Economists, speculators and many know-it-all, are predicting that by 2020 there will be another economic crisis. The Philippines is going to be less affected because its economy is not export oriented its mostly domestic consumption driven. Our dollar reserve is right above 80 billion dollars which is healthy. Foreign investment and tourism are not big contributors to our economy. Now they said that in every 10 years there is a market correction thus causing a crisis. So if 2020 is the nearest crisis, then the most plausible next crisis will be in 2030. Which the Philippines will still be mildly impacted.

  • @kiodino2327

    @kiodino2327

    4 жыл бұрын

    @@VivaciousStrutting lmfao

  • @domzdome9723
    @domzdome97234 жыл бұрын

    Growth? In what category? Gdp? Economic? They didn't specified it. The biggest problem in the philippines is the energy. We still depend on coal for energy and coal is fucking expensive.

  • @meljenkins1016
    @meljenkins10164 жыл бұрын

    All foreign business should move to the Philippines. Reason, the Filipinos speak perfect English. The Chinese don't. They've accepted English as a second language since the Spanish-American War in 1899 when the US kicked Spain out of the Philippines. Don't need no Tagalog-English interpreters in the Philippines.

  • @karelltulod3079
    @karelltulod30792 жыл бұрын

    My cash card is BDO

  • @ohkabomb917
    @ohkabomb9174 жыл бұрын

    Coronavirus: *Hold my beer*

  • @alaguilos6031
    @alaguilos6031 Жыл бұрын

    This didn't aged well. It has been 3 years.

  • @dantecry125
    @dantecry1254 жыл бұрын

    Only rich people's lives are growing.

  • @MyJustOpinion
    @MyJustOpinion4 жыл бұрын

    Not all Filipinos appreciate your gigantic malls. It creates traffic, pollution, congestion. Manila has no green spaces, no parks or public libraries. It is all malls, a concrete jungle. You just want to enrich your clan without really thinking about the general welfare of the people. You will try to build condo and malls as much as possible to any available square inch of the Philippines.

  • @fvn55yearsago57

    @fvn55yearsago57

    4 жыл бұрын

    Mike Anderson Which is why as Duterte said, should just leave Manila and start somewhere else

  • @ja4309

    @ja4309

    4 жыл бұрын

    I agree. Even here in Bohol, malls around downtown area causes heavy traffic. Maybe try other places outside Manila

  • @alfredhitchcock45

    @alfredhitchcock45

    4 жыл бұрын

    Nobody fucking cares about libraries anyway. I do agree with green spaces. Philippines is a very small country so trying to squeeze in as much people as possible in a small square foot of land is quite difficult task.

  • @stevensarsua5334

    @stevensarsua5334

    4 жыл бұрын

    Yes, sm malls clashes every where followed by their smdc. If you look around manila along edsa especially SY properties are lined. Followed by some other business tycoons too.

  • @edmhie1

    @edmhie1

    4 жыл бұрын

    True! they just suck up the hard earned money of overseas filipino workers thru their families who knows nothing but to spend in malls. They taught Filipinos how to be consumer not to be industrious. A typical Oligarch who's objective is to enrich their clan. No wonder they are the richest families in the Philippines. Most of their workers doesn't received the benefits that they deserved. They introduced contractualization in the Philippines. A practice of hiring workers w/o benefits.

  • @happyface96
    @happyface962 жыл бұрын

    Two years on and we're in a recession lololol

  • @murtaladale9198
    @murtaladale91982 жыл бұрын

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  • @fauziyahussaini4599

    @fauziyahussaini4599

    2 жыл бұрын

    I actually stop panicking about the fluctuating nature of btc price, ever since I started investing with Mr Samuel o leach . am gaining regularly even with the market downtrend at times.

  • @rufiyatmomoh288

    @rufiyatmomoh288

    2 жыл бұрын

    Is he legit, can him be trusted?

  • @fridayolinya7715

    @fridayolinya7715

    2 жыл бұрын

    Most people remain poor & broke only because friends and family relatives discourage & advice them against investing while the wise ones keep investing and grow higher in wealth.

  • @ridwanuabdulkarim295

    @ridwanuabdulkarim295

    2 жыл бұрын

    trading with Mr Samuel have change my life from financially misfortune, I like to introduce you all to him , he is from u.k and him strategic method of trading works perfectly well.

  • @Nobody-ie6pn
    @Nobody-ie6pn4 жыл бұрын

    But everything changed when the Corona Virus attacked..

  • @martinamartins9595
    @martinamartins95954 жыл бұрын

    Oligarchs.

  • @CTOInformation
    @CTOInformation4 жыл бұрын

    Asia's growth depends on china

  • @xfinity319

    @xfinity319

    4 жыл бұрын

    CTO Information Not really. There are other big economies such as South Korea, Japan, and India.

  • @surveyguyor8958

    @surveyguyor8958

    4 жыл бұрын

    agreed and when they piss off china after china finalizes their miilitary growth on the islands they're building in the south china sea next to the Philippines, it's going to be trouble. And when all the new condos are empty for too long, and the lower class Filipino's purchase them (not the rich foreigners or OFW's) then what will those neighborhoods be like? Already there is not enough fresh water. Huge shortage in the Manila metropolis. Too many people for their economy to flourish. It's growing now because of Chinese money building the infrastructure. 3 new airports?

  • @tropturd6458

    @tropturd6458

    4 жыл бұрын

    @@surveyguyor8958 What a dumb imagination you have there

  • @hijodelsoldeoriente

    @hijodelsoldeoriente

    4 жыл бұрын

    Not really. China is a significant factor but not to the point that every nation depends on it.

  • @surveyguyor8958

    @surveyguyor8958

    4 жыл бұрын

    who said every nation depends on china? for that matter who said any nation depends on china?

  • @surveyguyor8958
    @surveyguyor89584 жыл бұрын

    Maybe it will be growing for 3 years but that will be a facade. It's going to crash. There are tons of new condo's being built and already too many vacancies. Next the prices will drop, the poor filipino's will be able to purchase, and they will turn into slums. Other expats are already noticing this. Right now the majority of purchasers are OFW's and when they return, and there are that many more in the already poluted over-populated area's, what will happen?

  • @albarleta2361

    @albarleta2361

    4 жыл бұрын

    When do you expect the crash?

  • @surveyguyor8958

    @surveyguyor8958

    4 жыл бұрын

    @@albarleta2361 sooner than the speaker's 3 yr prediction to be booming and have her banks all "electronified". Already the mass builders in Cebu are seeing they overbuilt and are being under-bought. Expats are leaving for Vietnam. I think the Philippines had a great plan and it's been stopped. The great idea was to be the retirement center. Build more places for old westerners. It's expensive in the USA. Of course welfare wont pay, but if you pay yourself it's expensive. Many people have lots of money to retire, and the Philippines have a lot of good CNA's.

  • @surveyguyor8958

    @surveyguyor8958

    4 жыл бұрын

    @@albarleta2361 my guess is they couldn't get the investors. Instead the investors with the big money wanted to bet on condos. Oops. and now it's getting too late. Already food prices are getting too high in the Philppines. The only thing cheap is rent and transportation.

  • @tropturd6458

    @tropturd6458

    4 жыл бұрын

    Lol what a pessimist. People like you should stop making comments like this because your comments are subjective af

  • @albarleta2361

    @albarleta2361

    4 жыл бұрын

    @@tropturd6458 Can you share your analysis?

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