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    Random thoughts

    We may have one of the best currencies in Asia and an economy that is recognized as robust and highly competitive and attractive to foreign investments. However, these pogi points have been badly soiled by the unceasing political discord brought on by rallies, protests and investigations that are more like fishing expeditions and political assassinations rather than aid for lawmakers in lawmaking. Somehow, all these have made the country a bit risky for prospective investors.

    As a result, the country is the least attractive destination for foreign investments. We got a miserly $2.5 billion while Vietnam received some $11.3 billion.

    This is the essence of the President’s plea for Filipinos to unite and help in making a much-stronger economy that can attract the attention of more foreign investors. You and I can help and there will always be a lot of room for improving our economic performance.

    We need more Manny Pacquiaos to sooth a sector of our society that seems to be dissatisfied with everything.

    ****

    Now the Philippines is experiencing the ill effects of the brain drain, according to a report released by Punongbayan & Araullo, a Grant Thornton Intl. Ltd. member-firm.

    Results of their study indicate that the lack of skilled workers locally is the biggest restraint in the business expansion of many local companies, and that the country is one of three countries whose business growth is limited most by human-resource problems. Thailand is the first, New Zealand second and the third is shared by the Philippines and Australia.

    A networking company, Cisco, reported that it lacks some 1,000 information-technology professionals, and demand for networking professionals is expected to rise to 25,000 in 2009 from 13,000 in 2006.

    South Korean and Middle Eastern contractors are also complaining of a lack of skilled workers which affects their expansion plans to a large degree.

    It is not just a government problem, but to provide industry with the right-skilled manpower is a problem that should be addressed jointly and holistically by labor, industry and academe.

    ****

    Let’s look at another disturbing news: “9M jobless, underemployed.”

    The National Statistics Office (NSO) released the result of a survey that showed this much unemployed and underemployed in the country, 9 million workers.

    The Asian Development Bank (ADB) also reported that the country has one of the highest level of underemployed workers in the world.

    The NSO said that we have around 6.7 million underemployed workers who are waiting for better opportunities to secure an extra job to improve their income. If we couple this news with the lack of skilled workers, it is clear that we have a pool of workers willing to improve their skills and get better jobs.

    It’s a question of matching jobs with skills. It is more of an opportunity than a problem, don’t you think?

    ****

    “I am not an idolater of constitutions. I do not believe that once proclaimed, they should be forever on tablets of imperishable stone beyond the reach of impious hands. On the contrary, the people should be allowed to live with their constitution, but the caprice of the powerful should not be confused with the anxieties, the longings, the want and the will of the people,” wrote the late constitutionalist Claro M. Recto.

    ****

    To fiscalize is to provide the checks and balances in an active democracy. By all means, it must be allowed to continue for this is the essence of democracy.

    But to abuse some aspects of fiscalization with baseless issues, some with no attributions but only imagined situations, we will be destroying what is dear to us, not only the democratic system we enjoy but bringing down the present administration and the whole country down with it, as well.

    ****

    The attitude of the media is crucial to our country’s socioeconomic stability. It reflects on our perception of ourselves, often giving rise to miscues to foreign media resulting to a distorted image of our country in the eyes of the world.

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