Ekonomista na si Michael Ricafort, tiwalang patuloy na lalago ang ekonomiya ng...

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Ekonomista na si Michael Ricafort, tiwalang patuloy na lalago ang ekonomiya ng Pilipinas dahil sa pagpasok ng mga namumuhunan  For more news, visit:  ►https://www.ptvnews.ph/  Subscribe to our DailyMotion Channel: ►http://www.dailymotion.com/peoples-television-incorporated  Subscribe to our YouTube channel: ►http://www.youtube.com/ptvphilippines  Like our Facebook pages: ►PTV: http://facebook.com/PTVph  ►Rise and Shine Pilipinas: https://www.facebook.com/riseandshinepilipinas  Follow us on Twitter:  ►http://twitter.com/PTVph  Follow us on Instagram: ►https://www.instagram.com/ptvph  Watch our livestream on:  ►http://ptvnews.ph/livestream/ ►https://www.dailymotion.com/PTVPhilippines  Watch our News Programs, every Mondays to Fridays  Rise and Shine Pilipinas - 6:00 - 7:00 am | 7:30 - 8:00 am Balitang Pambansa - 7:00 - 7:30 am | 12:00 - 12:30 pm | 6:00 - 6:30pm | 9:30 - 10:00 pm PTV Sports - 8:00 - 9:00 am Bagong Pilipinas Ngayon - 12:30 - 1:00 pm Sentro Balita - 1:00 pm - 2:00 pm Ulat Bayan - 6:30 pm - 7:00 pm PTV News Tonight -  10:00 pm - 10:30 pm  Saturday & Sunday: ►Sentro Balita Weekend - 1:30 - 2:00 pm ►Ulat Bayan Weekend - 6:15 pm - 7:00 pm

Transcript

00:00The effect of the trade war in the Philippine market will only be partial.

00:05According to experts, it is still possible for more people to export Philippine products.

00:11This is Bea Gasa de Guzman of Radyo Pilipinas with the latest news for the country.

00:17The Philippine economy will continue to suffer due to the continuous entry of immigrants to the country

00:23despite the ongoing trade war in the global market.

00:27In an interview with Radyo Pilipinas World Service, Rizal,

00:30Commercial Banking Corporation Chief Economist Michael Rickafort,

00:34cried that there is still an opportunity for the Philippines after the resignation of the United States President Donald Trump

00:40that the US will not reduce the import of products by 10%.

00:45It is more expensive to export to America.

00:47Maybe other Asian countries will sell more to other countries other than the US, like us.

00:52They will sell more to us, to China.

00:56Not to other Asian countries.

00:58There will be more competition.

01:00It is like a punishment to other countries that the US has a high expectation of exporting products to the country

01:07and is even more concerned about the ongoing trade war.

01:11Rickafort cried that its effect in the Philippines is only partial

01:14because it was the second lowest reciprocal tariff in the country.

01:20In fact, it is possible that more products will be exported to the Philippines to benefit consumers.

01:27The country is now considered an alternative market compared to other countries in the region

01:32that have a higher reciprocal tariff.

01:35At present, the US and Japan and Malaysia have set aside 24% of their exports.

01:4149% in Cambodia, 46% in Vietnam, 36% in Thailand, and 32% in Taiwan and Indonesia.

01:49This is not higher than the 17% that will be exported to the Philippines.

01:55From PBS Radyo Pilipinas, Bea Gaza de Guzman for Balitang Pambansa.

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