8List.ph
  • News
    • Showbiz
    • Opinion
    • Sports
    • Profiles
    • Weird
  • Adulting
    • Career
    • Money
    • Health
    • School & Learning
    • Relationships
  • Pop
    • Movies & TV
    • Music
    • Books
    • Games
    • Theater
    • Retro
    • K-World
  • Lifestyle
    • Style
    • Beauty
    • Food & Drink
    • Nest
    • Tech
    • Travel
    • Pinoy
  • Videos
    • 8List Asks
    • Pagsubeks
    • Kaya Today!
    • Archives
      • 8list Plays
      • 8List Explores
      • 8List Presents
      • 88 Seconds
      • 8secs
      • Filgood
      • Isabuhay Ang Panata
      • #8MinutesWith
      • YOUth DECIDE
      • Str8 Up with Delamar
      • Toughest Job 2016
  • H8 Mondays
  • Breathe
  • About
  • Sitemap
  • Advertise
  • Privacy
  • Archive
  • Bitesized.ph
  • Windowseat.ph

 

 

 

8List.ph is published by ID8, Inc.

Subscribe
8List.ph
8List.ph
  • News
    • Showbiz
    • Opinion
    • Sports
    • Profiles
    • Weird
  • Adulting
    • Career
    • Money
    • Health
    • School & Learning
    • Relationships
  • Pop
    • Movies & TV
    • Music
    • Books
    • Games
    • Theater
    • Retro
    • K-World
  • Lifestyle
    • Style
    • Beauty
    • Food & Drink
    • Nest
    • Tech
    • Travel
    • Pinoy
  • Videos
    • 8List Asks
    • Pagsubeks
    • Kaya Today!
    • Archives
      • 8list Plays
      • 8List Explores
      • 8List Presents
      • 88 Seconds
      • 8secs
      • Filgood
      • Isabuhay Ang Panata
      • #8MinutesWith
      • YOUth DECIDE
      • Str8 Up with Delamar
      • Toughest Job 2016
  • H8 Mondays
  • Breathe
  • News

An Optimist’s Guide to 2017

  • Posted on Jan 17, 2017Jun 25, 2021
  • 3 minute read
  • Joseph Nacino
Total
0
Shares
0
0
0

For 2017, we could either be people who see the glass as half-empty—or half-full.

Fortunately, there are some bright spots that the coming year won’t be so bad in the Philippines despite the political rumblings both inside and outside the country.

 

Continued GDP Growth


Via Rappler

The Asian Development Bank (ADB) predicts that our Gross Domestic Product (GDP) for 2017 will hit 6.4 percent instead of 6.2 percent as they predicted last year. This is due to stronger GDP results last year as a result of robust domestic demand that pushed the GDP growth to hit 7.0 percent year-on-year in the first three quarters. HSBC’s prediction is similar–up to 6.5 percent from 6.3 percent.

 


ASEAN Summit


Via Inquirer

In relation to above, the Association of Southeast Asian Nations (ASEAN) will be holding their 2017 Summit in the Philippines. This is important to consider as the combined GDP of the 10-member ASEAN is expected to hit 4.6 percent for this year, equivalent to US$2.6 trillion. This is higher than those expected for India (US$2.4 trillion), UK (US$2.4 trillion), France (US$2.3 trillion), and Russia (US$1.5 trillion).

 

Relative Stability of Currency


Via Rappler

Though the Philippine peso isn’t expected to do well in 2017, take heart in the fact that Asian currencies across the board aren’t expected to do as well against the US dollar, including China’s yuan. The yuan is expected to weaken by four percent for 2017, but the Philippine peso is predicted to depreciate by only three percent. Analysts surveyed by Bloomberg estimated that the peso would probably hit a median of 50.8 by the end of this year and no further.

 


 High Investment Grade in the Region


Via globalfilinvestor.com

Though the international ratings agency S&P doesn’t foresee any improvement in the Philippines’ ratings within the next two years, they did affirm the country’s investment-grade BBB/A-2 ratings with a stable outlook among the region.

 


Booming Real Estate


Via cebu-properties.net

Meanwhile, real estate will also benefit from the projected economic growth—especially if the Duterte administration fulfills their infrastructure plans. The global real estate services provider Colliers International Philippines foresees that the BPO industry will be driving the office space market into Cebu, Bacolod, Iloilo, Pampanga, and Davao as they look for alternative areas. This is because the IT and Business Process Association of the Philippines (IBPAP) sees a compound annual growth rate (CAGR) of eight percent in full time employees.

 

Expansion of Office Space Market


Via Interaksyon

Related to above, Colliers also foresees offshore gaming to want a part of the action in the office space market. This is because the Philippine Amusement and Gaming Corp. (Pagcor)’s recent launch of the Philippine Off-shore Gaming Operation (Pogo) had an initial release of 25 licenses and more to follow. Expect more to follow City of Dreams, Okada, and Solaire into the country.

 

 Rise of PSE


Via investphilippines.org

Likewise, with the projected economic growth and if the Duterte administration’s proposed comprehensive tax reform package pushes through, analysts foresee the Philippine Stock Exchange climbing back to the 8,000-level.

 

 2017 is Our Year


Via Philippine Star

Lastly, don’t worry: IBM Watson figures 2017 is going to be the Philippines’ time to shine with a number of infrastructure investments interested in our country despite the political turmoil we’re experiencing. So there’s hope!

So the next time you get the blues over reading the news, cheer up! There’s always the proverbial silver lining in the clouds.

 

What other things can we be optimistic about this year? Share them with us below!

 


Total
0
Shares
0
0
0
Joseph Nacino

Previous Article
  • Games

Tech News: New Smartphone Round Up

  • Posted on Jan 17, 2017Jun 25, 2021
  • Baxter Jacinto
View Post
Next Article
  • 8List

8 Subtle Ways To Bomb At Your Job Interview

  • Posted on Jan 17, 2017Jun 25, 2021
  • Tim Henares
View Post
You May Also Like
View Post
  • News
  • Pinoy

Another Cultural Landmark, Gone? Manila Post Office Burns Down

  • Posted on May 22, 2023
  • Edgardo Toledo
View Post
  • News

Netizens Ask: Did This Negros Student Really Get Into 30 International Universities?

  • Posted on May 20, 2023May 24, 2023
  • Kaira Guererro
View Post
  • News

RIP Marshall and Millions: The Internet Is Enraged Over the ‘Barbaric’ Killing of Two Young Dogs

  • Posted on May 17, 2023May 18, 2023
  • Kyzia Maramara
View Post
  • News

These Game-Changing Ideas from Young Filipinos Could Revolutionize the Insurance Landscape

  • Posted on May 8, 2023May 8, 2023
  • 8List Editor
View Post
  • News

After National IDs and Driver’s Licenses Printed on Paper, It Looks Like Plate Numbers Are Next

  • Posted on May 2, 2023
  • Kyzia Maramara
View Post
  • News

New Modus Alert? Los Baños Woman Was Allegedly Nearly ‘Drugged’ with Perfume

  • Posted on Apr 27, 2023
  • Kyzia Maramara
View Post
  • News

Pinoys Call Out Telco Company After ‘Misuse’ of Emergency Alert for SIM Registration

  • Posted on Apr 24, 2023
  • Kyzia Maramara
View Post
  • News

Viral Video of the Dalai Lama Asking a Boy to Suck His Tongue Sparks Outrage

  • Posted on Apr 14, 2023
  • Kaira Guererro

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Get the l8est delivered right to your inbox.

8List.ph
  • About
  • Sitemap
  • Advertise
  • Privacy
  • Archive
  • Bitesized.ph
  • Windowseat.ph
Your daily dose of entertaining, useful and informative lists.

Input your search keywords and press Enter.