
Originally Posted by
al1974
My viewpoint on this matter:
Yes our country is very rich in natural resources- from agri, minerals, aquamarine and even to brains and talents. It's just that our country is mismanaged. Why, our govt used to own the biggest corporations here- PLDT, PAL, Napocor, etc. and it was sold because it was not generating revenues. Why, because of corruption. Now, these companies are privatized and they are earning. PASTILAN!
In Singapore, which has a land area smaller than Cebu, they have to import water from China. Still they have a robust economy because the govt is well-managed.
The Phils have a lot of things that we can use to our advantage but we are manipulated by some corrupt officials and greed businessmen.