Envoys from different countries—France, Singapore, Britain, and the European Union- have visited the Philippines to discuss essential matters regarding international relations, business, the peace process, and various aspects of joint interests and benefits. Just by knowing that these relationships have to be cultivated, people must already realize the impact of choosing the best leader the country offers, and 31 million Filipinos have chosen to risk it with Ferdinand R. Marcos Jr.
Much of the economic improvements and crises could be contributed by the leaders of any country. Bills are passed into law, and if these laws were not reviewed thoroughly by Congress and were signed by the President without much thought on their impact on the society and economy, the country would immediately, and perhaps longer than it's supposed to.
If not ousted by the masses, the President will have the responsibility for six years. It's imperative that not all changes could be reaped in this period, which is why continuity of the best existing projects that are already ongoing is an integral part of seeing real progress.
The Philippines' strategic location in the Indo-Pacific is critical to U.S. national interests in the region. This country is the United States' oldest ally in Southeast Asia, which shares essential security ties as a major non-NATO strategic partner.
Philippines' New President
Born on 13 September 1957, Ferdinand "Bongbong" R. Marcos, Jr. (BBM) is the second child of former Philippine President Ferdinand E. Marcos and former Congresswoman, Imelda R. Marcos. The late President was in power from 1965 to 1986. BBM is married to Louise Araneta-Marcos, with whom he has three sons.
BBM held several positions in the legislative and executive branches of government: Senator for six years, Congressman for six years, Governor for 12 years, and Vice-Governor for three years.
This only means that the newly elected President is already well-versed with the government's goings has built meaningful relationships, and is competent to make the most critical decisions for the Philippines. The position alone is important without further explanation. However, the country is still suffering the economic blows of the pandemic. Like any organization, the best projects need the most funds in a country.
Very high public debt is incurred, and new sources of income that would help the government recover are integral to people's lives. There is a threat of imposing higher taxes on the citizens since the government needs to function with enough funding to finish the ongoing infrastructure projects.
The twelve new Senators of the Philippines in 2022
With a 6-year term that will end in June 2028, the new senators were proclaimed by the Commission on Elections (Comelec), with the National Board of Canvassers (NBOC) headed by Chairman Saidamen Pangarungan.
Neophytes in the Upper House:
Actor Robin Padilla (first place with 26,612,434 votes) is a Muslim which is essential for the country since Muslim people need to be seen more for better cultural understanding—showing the Philippines being up for progress in promoting the presence of minorities.
Broadcaster Raffy Tulfo (third place with 23,396,954 votes); and former Department of Public Works and Highways (DPWH) Secretary Mark Villar, who was a former Las Piñas Representative (sixth place who got 19,475,592 votes).
The five former senators:
Former Antique Representative Loren Legarda (second place with 24,264,979 votes); former Sorsogon Governor Chiz Escudero, (fifth place with 20,271,458); former House Speaker Alan Peter Cayetano (7th-19,295,314); JV Ejercito, (10th-15,841,858) and Jinggoy Estrada (12th-15,108,220).
Senator Sherwin Gatchalian (4th with 20,535,261 votes); Senator Miguel Zubiri, 18,734,336 (8th); Senator Joel Villanueva with 18,486,034 (9th); and Senator Risa Hontiveros, 15,420,807 (11th).
Also Read: Effects of Elections to Philippine & Foreign Investors
The impact on society
The Philippines, with its gruesome history of corruption, has a lot of societal problems to solve. Besides corruption, among the timely societal concerns are the Filipinos' inclination toward gambling addiction since it has become more rampant online during the pandemic. This is true in the case of e-sabong or online cock fights. An example is the news of a baby who had been rescued from being sold to cover debts from e-sabong.
Other issues are the rate of HIV cases in the country, Child pornography having surged which has always been a major concern of the government, and Universal Healthcare which has yet to be improved tremendously since the masses' trust needs to be regained because of the allegedly stolen 15 billion pesos.
The leaders that Filipinos have already chosen have the most power and the most vital voice to make progress, questioning the most challenging matters involving the welfare of the people and economic policies that will impact the current generations.
The quality of education also must be improved for the Philippines to be known for breeding competent citizens who will participate in the nation-building projects that have yet to come to fruition. The idea is to keep the best talents in the country instead of seeing them leave for greener pastures. The Filipino dream has never been about going to another progressive country. Still, the imperative reason has always been about comfortably raising families by being paid well enough to not scrounge for funds every payday.
What a Filipino must do for himself
Investing is no longer new to Filipinos. The advent of reading countless self-help books, financial literacy references, and money blueprints is already moving towards its application. The digital era has created more opportunities for people who have invested in continuous learning of the newest technology.
Vista Residences Inc. presents Real Estate Investing wherever one is located. Filipinos can now avail themselves of a property of their choice while working offshore. A condominium property can be reserved and paid for via digital banking. Virtual tours are also available to see finished and preselling projects.
Among the many investment choices, real estate is still the most sound since it is a tangible investment that can be passed on to an investor's children to enjoy. As an income source for retirement age, it is also the most lucrative with less effort since the leasing team helps investors provide worry-free renting out the property.
For more information on Vista Residences, email [email protected], follow @VistaResidencesOfficial on Facebook, Twitter, Instagram, and YouTube, or call the Marketing Office at 0999 886 4262 / 0917 582 5167.