EconomyEditor's PickPacquiao says plans to improve export of Filipino brands if elected

November 12, 2021

PRESIDENTIAL ASPIRANT and Senator Emmanuel “Manny” D. Pacquiao, Sr. plans to increase the export of Filipino brands and broaden the selection of locally manufactured products if he is elected next year.

During a forum by the Chamber of Commerce of the Philippine Islands’ (CCPI) on Friday, Mr. Pacquiao said that he hopes to see Philippine brands supply the globe by promoting local products both domestically and internationally, adding that imports should be lessened.

The Philippines should be known for its own brand, he said, which he believed was possible given the large number of experts in the country; however, the problem is that the skilled are being pirated by other countries, he said.

“Corruption is still the root cause,” he said, noting that if there is no corruption, these Filipinos would not have left because the country would have thrived.

The forum discussed the CCPI’s Economic Compass Pillars 5 (EComP5) which includes industries and businesses as its second pillar, and global competitiveness as its goal.

The presidential aspirant supported the CCPI’s plans, which intended to prioritize locally owned companies and brands over foreign businesses and imports. It also aims to expand Filipino equity and ownership, as well as better connect the country’s islands.

Mr. Pacquiao also said that he seeks to support businesses to strengthen employment.

“The focus should not be centered only on large businesses, but also the micro-, small- and medium-sized businesses,” he said in Filipino. “The governments should look at businesses equally, with no favoritism.”

By strengthening smaller businesses, he added, those without a college diploma will have more chances of employment with less risk of discrimination.

The presidential aspirant said that he would ensure “everyone will have jobs or sustainable income and livelihood” while being assured of meals three times a day.

Also at the same forum, Mr. Pacquiao said that if he wins, he will not be bullied by China amid the West Philippine Sea disputes. His aim is to have a proper dialogue to resolve all the problems regarding China’s claims. — Alyssa Nicole O. Tan

Leave a Reply

Your email address will not be published.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

Disclaimer:, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2021 SmartPeopleMail. All Rights Reserved.

Subscribe for FREE today and get your daily shot of smart news about the Economy and Investing.
We are dedicated to keeping any data we collect from you — safe and secure. Here you can read our privacy policy.