We want more Filipinos to invest in the Philippines. We also want more Foreign investment in the Philippines. These are some of the things we can do to make ourselves competitive to investors, both local and foreign.
1. Fix Labor Laws in the Philippines. We baby employees. We make it hard for employers to get rid of inefficient, unproductive, dishonest, employees. Study Labor Laws in other countries, employers and employees must be responsible, we have to mature as a society. We have such populist, leftist laws that do not foster a competitive environment in the workplace. We like to enable lazy and dishonest employees.
2. Make it easier for people to start businesses. So much red tape!
3. Have more skilled people. Gov should make learning accessible. While it's true that we can't force people to work if they don't want to, but for those who do want to work, aid should be there. More learning in trade skills and crafts. Carpentry, Plumbing, Electricals, Sewing, Masonry, etc. SKILLS THAT WILL ADD MUCH HIGHER VALUE AND HELPS IN NATION BUILDING.