WATCH: Stephen Cuunjieng weighs in on amending economic provisions of constitution | ANC
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- Опубликовано: 1 авг 2024
- Michelle Ong talks to Global investment banker Stephen Cuunjieng for his thoughts on amending the economic provisions of the 1987 constitution in this month's Stevienomics.
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The ambassador of Denmark said the Philippines should reduce red-tape if it wants to attract more foreign investors. told that the Philippines already has several anti-red tape and corruption laws but are not properly implement, he said " Some countries have shown that if you have political will you can do what it takes to combat corruption". and then added " Political will is more important than legislation".
Denmark is monarchy, parliamentary system.. the problem is constitution is basis of morality, behavior, belief of people.. and why listen to other country they are major competitors of fdi.. of course they dont wnt competitors..
That is why there should be amendments to give more strict punishments against red tape. The old cory constitution does not give heavier punishment to red tape perpetrators. #YEStoCharterChange
How can political will be exercised outside the Law? Political will should be in line with Legislation therefore there must be charter change.
@@carlosales9318 tama ka carlo.
@@LaDy-wn2ut
Fake account
- 3 subscribers 0 content
- No logic in comment, there is NOTHING in the constitution about limiting punishments to red tape. the only limits put in the constitution is the limits put on police/military. the sanctity of using martial law, the protection of Habeas Corpus
thanks
Listen also to Ex-NEDA Chief Pernia. Basically, parehas lang sila ng sinasabi ni Sir Stevie. In place na ang trade liberization, FDI acts nung time pa ni PRRD. Hindi umusad. The problem is our leadership and politicians are clueless to what to do and how to really attract FDIs. I long for the day Maging NEDA chief si Mr. Cuunjieng.
I hope so too! But that’s not going to happen. Look what happened to Cielo Magno. We need government leaders who are willing to reform.
Many thanks
European chamber of commerce of the Philippines said Philippines has only 4% foreign investment going in the country the lowest in southeast Asia. They said their job is to bring foreign investment in the country but Philippines must be open to accept them.
What do you mean by "open"? Is it the laws not being implemented? Or you wamt majority to 100% foreign ownership of businesses and land?
@@FrenchFili i am just referencing what the President of the European Chamber of Commerce said I did not say that but i understood his statement read again the quote is not hard to understand at all they are just echoing what foreign investors said
@@ciscoenzo6827 You quoted something you don't fully understand.
Let me ask it again since youre not a fan of reading twice. How open do they want PH to be? They do business in China, a communist with more stricker laws. They do business with Russia although they dont like russia and sanctioned the country.
Probably the reason why this country's comprehension is below average because people like you who just support statements that sounds good without fully understanding it.
tama ka cisco.
i've started to really dislike hearing mr cuunjieng's opionions and analysis on important national and international matters not because i disagree with him or find him incredible, its actually the opposite and it makes me all the more frustrated on how things are going. however, i still regularly keep watching and looking forward to his segments every month because, personally, i need a clear, sensible, and credible voice of reason to help make sense of all this mess.
What do you suggest?
@@FrenchFili what do you mean? i dont think you understood what i posted. i do not disagree with sir stevie at all, however, hearing the hard truths from him is almost always never a pleasant experience, but it very much needed and should be appreciated. and i am absolutely thankful for his inputs on these very important matters.
TLDR: MR CUUNJIENG SPEAKS INCONVENIENT TRUTHS THAT ARE DIFFICULT TO ACCEPT BUT ARE ESSENTIAL.
many thanks and yes pity the other person replying did not get your point
@scuunjieng Hi Stephen. Hope you could fund a blog or news channel that will spur this kind of discussions. We are so tired of listening to politicians, professors, media, all of which have little to no practical business experience. I believe there is a real hunger for intelligent discussions. We would love to watch you have a discourse with a few of your peers. Reminiscent of Friedman's 80s Free to Choose.
Thanks
If we are the number 2 in nickel and cooper then we should also do the same. Not only it would give more jobs to Filipinos but also provide joint venture with foreign investors
thanks
I hope Mr. Cuunjieng could discuss the reasons why Colgate, Firestone, Abbott, Eveready, Ajinomoto, Temic, etc. moved their factories out of the Philippines. It was during the time when China manufacturing was on the rise. Some moved their factories to Thailand. Might it be that geographically, Thailand is in a better location? Also can our ports handle the export of goods?
Thanks
thanks sr Stephen cuunjieng for your words of wisdom
many thanks
The Host doesnt like what stevie is talking about HAHAHA OPENING UP the ECONOMIC PROVISION IS NECESSARY !! WE ARE SO AGREE with what Stevie said !👍👍👍👏👏👏❤
That's totally opposite of what Stevie said.
@@jfrd-pw4hk yes I wonder if some of the people commenting are even listening
Sir Stephen, when is your book launching? Haha. Kidding aside, I would BUY that if you ever write one. I cannot believe we are hearing your insights and commentaries for free.
many thanks and happy to provide it for free it one it helps elevate the discourse and two i have had a fortunate professional career so have the luxury to do that
The problem is, Economic provision is a mere alibi. The main objective is the term extension. That is why they cannot present a proper economic provision.
What investment or FDI has Stephen brought to Philippines? He directs it away to the rest of SE Asia. These two are oligarch gatekeepers who want the status quo to continue. Change the constitution now and allow cheaper and better products plus more jobs!
Don’t talk if you have no idea what I have done and how much foreign investment I have brought in. Typical is the opine without knowing what he is opining on.
Sir Steve, you always make sense more than our leaders. How I wish you're part of our government.
many thanks
he won't be able to do anything as well if he is in government. better to be a watcher and commenter like this. our task is to share this clips for awareness.
Stevie Cuunjieng is the best economic analyst.
So far he's clearly not.
many thanks
At the end of the day, we need innovations especially in the educational system. The colonial mentality is still rampant. Talents are wasted because of brain drain. We have a young population. Sayang
would it be better and timely to review EPIRA as it failed to deliver its promises of more affordable and transparent pricing of power, I would rather build a subsidized nuclear power plant selling power at cost then attract manufacturing company to build around it, would it much be better? our lawmakers should realize by now that free market in energy is false hopes for about 23 yrs. since EPIRA passage.
Agree
Same as celphone need updating what happened to Nokia stay of style because of brand sir.. bankrupt fitting on time
thanks
Kayo na sa congres Ang dapat e reporma
I hope the brilliant JOEY SALCEDA is watching and listening... Eh nang gagago lang eh.
I think Stevie is confused.In fairness,he's sincere. He's just flatly wrong.
@@MelvinStaRita-yb2fm he was just raising his opinion.... He is sincere giving an unbiased opinion... On the other side.... Salceda saying that opening the economy more by giving foreigners 100% access to land... Gusto mo ba di na makabili ng lupa ang mga pinoy?
@@MelvinStaRita-yb2fm Melvin, are you one of those federal-parliament-openFDI nutjobs?
Nagbabasa na nga lang sa teleprompter, di pa magawa ng maayos. 😂
POLITICAL FAMILIES = POLITICAL DYNASTIES. Pinapaganda pa eh. Last 60 yrs we have POLITICAL DYNASTIES. POLITICAL DYNASTIES are bad for the country. HANGGANG NGAYON mas dumami pa ang POLITICAL DYNASTIES sa konggreso - 70% daw, ayon sa isang paga-aral. At ang mga TANGANG PILIPINO ay patuloy na bumoboto sa kanila. Nagaaway-away sila para sa kapangyarihan at kayamanan NILA, hindi para sa bansa. BTW, this Mindanao secession tried by DUTAE will surely drive investors away.
Did u not hear and understand what stephen said? You are talking about political dynasty while overlooking the economic aspect.
We don't mind political dynasties as long as these dynasties SERVE the Nation and the People WELL.
#EnoughOftheDeceptionUsingPoliticalDynasty
@@LaDy-wn2ut THIRD WORLD COUNTRY tayo noon hanggang ngayon THIRD WORLD COUNTRY ka pa rin. Why? Because of the PARASITIC POLITICAL DYNASTIES. The country is getting left behind because of what? PARASITIC POLITICAL DYNASTIES!!! I wouldn't be surprised if what you're feeding your sons and daughters are innards of these PARASITES.
@@LaDy-wn2ut THIRD WORLD COUNTRY tayo noon hanggang ngayon THIRD WORLD COUNTRY ka pa rin. Why? Because of the PARASITIC POLITICAL DYNASTIES. The country is getting left behind because of what? PARASITIC POLITICAL DYNASTIES!!! I wouldn't be surprised if what you're feeding your sons and daughters are innards of these PARASITES.
Relax man, you're steering off the track.
@@LaDy-wn2ut LOL Gusto na nga ni DUTAE ng secession para lang makatakas sa ICC lol. The DUTERTEs is one of the FATTEST POLITICAL DYNASTIES in the country. Think about that for a while then come back with a better answer.
I want political stability and make the president & VP 2 term 6 yrs with re-election right excluding the now President & VP, I'm tired of PH diplomacy always changing 360degrees every 6 yrs.
You mean 180degrees. Pag 360 kase eh di same direction lang lol
@@fredtacang3624 😂😂
PBBM lang gusto ko mare-elect. NO TO DUTAE & PINKLAWAN
@@ryanvincent6519ew
Gunggong, at bakit i eexclude mo s term limit ang now President and Vp ?DiLawan o Pinklawan ka ano? Umaalingasaw ang amoy poop mo. 🤣kaya ayaw mo pareho ma reelect ang current admin.🤣
KUNG GUSTO p CLang mamuno ng Bayan ULI, dahiL mgnda ang pamumuno nila, DAPAT lang na ISAMA cla s mag rereelection.
He doesn't understand..charter amendment is not the answer..
did you even watch the whole video? he made points against charter change and even if charter change is being push he made suggestions that would make it better.
You are the one who do not understand his point. Your narrow-mindedness gets in the way to understand what he's saying.
People tend to focus on the motives of the person they disagree with and not with the reality of the need to decide regarding consti economic amenndment to boost the economy of the nation. He says, why not give it a try, since the economic amendment can work for the economy to get stabilized.
many thanks yes the person posting missed my point completely@@Keyshhh
Found the one who didn't watch the video.
PBBM, please remove unnecessary spending of government, including those in your office and your family. Ma konsensya kayo sa mga naghihirap na Pilipino habang kayo nag eenjoy sa pera ng bayan, mula noong bata pa kayo na inabuso ng iyong ama at ina.