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| Perlas ng Silanganan (Purchased Image: Dreamstine) |
The Philippine government has described 2012 as "one of the best years ever for the Philippines with economic growth expected to surpass the targeted 5 to 6 percent and the stock market ending the year on a 38th record high, making it the second best performing market in Asia behind Thailand."
Indeed, the Philippines stands firm as an ideal investment destination in the Southeast Asian region since the start of the Aquino administration marked a renewed economic confidence in the country. The top priority sectors being promoted by the government include agribusiness; renewable energy; IT and business support outsourcing; electronic manufacture; sustainable mining; shipbuilding/ship repair; steel fabrication; tourism; logistics; garments and textiles; jewelry/fashion accessories; auto parts and components; and mass housing. Several tax incentives and concessions are set in place by the government for those who will venture on these sectors.
Indeed, the Philippines stands firm as an ideal investment destination in the Southeast Asian region since the start of the Aquino administration marked a renewed economic confidence in the country. The top priority sectors being promoted by the government include agribusiness; renewable energy; IT and business support outsourcing; electronic manufacture; sustainable mining; shipbuilding/ship repair; steel fabrication; tourism; logistics; garments and textiles; jewelry/fashion accessories; auto parts and components; and mass housing. Several tax incentives and concessions are set in place by the government for those who will venture on these sectors.
As the country offers many opportunities for new market entries and business expansions, the net inflow of foreign investments is expected to rise as well. However, we Filipinos shouldn't be left of out of this economic growth. We Filipinos shouldn't just wait for these foreign companies to create job for us and rely on salaries alone. It's time for the mass to participate in activities that we thought just for the “rich”. It's time to build a business; it's time to invest.
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| Philippine Currency (Purchased Image: Dreamstine) |
We often see news snippet about Filipinos' unending negative reaction about the overall economic conditions of the country. Some of the common sentiments we've heard a million times -- "poor becoming even poorer", "government is not doing enough", "commodity price hike", "no salary increase" and others more. We always heard family, friends or colleagues complain about not having enough money. We know that majority of Filipinos are just constantly making ends meet. However, with proper guidance and adequate financial literacy training, each and every one can have a good chance to improve his/her own financial status. There are a lot of investment opportunities out there; we just need to take the risks and be willing to do it. If you want to grow your money, then do something to make it grow. Observe, learn and absorb. Read financial literacy programs; attend business opportunities talk; seek help from professionals and go to seminars.
As a start, it’s good to attend the Pesos and Sense Seminar Series. This one-day seminar aims to deliver critical knowledge on budgeting, saving and investing. It will also provide valuable insights on different venture opportunities, key challenges and strategies in investing.
To register, please click the link: Pesos and Sense Seminars
Module 1: Make Your Money Grow
We all dream of a better life, a new car, a house, a financially secure family. But when we look at our bank account, we wonder when it will be possible for us to achieve our dreams. Don’t downsize your dreams–learn how to Make Your Money Grow!
It covers the following topics:
- How to budget and save
- Why you should invest
- What keeps you from investing
- Factors to consider before you invest
- Overview of major types of investments
- How to choose the right investment
Module 2: Time Value of Money
Time is the only non-renewable asset we have. How you spend your time today will determine the quality of life you will live tomorrow.
Imagine your life 20-30 years from now. Are you still working and making ends meet or are you living comfortably, enjoying your time and money? When the picture you see isn’t so good, know that you can change it today!
The seminar will help you:
- Understand how just a few years can translate to bigger earnings in your investments.
- Determine realistic financial goals
- Identify good investments vs scams
- Ask the right questions when being offered investment products
- Use simple formulas and applications to make your own financial calculations
- Choose and align the right investments with your goals in life
If you want to learn more about other business opportunities both abroad and in the Philippines, please leave a message http://lifelayn.blogspot.sg/p/loading.html.
"Only those who will risk going too far
can possibly find out how far one can go." -- T. S. Eliot
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