MANILA - The next "Asian miracle": that's what the Philippines was dubbed by business leaders at the World Economic Forum (WEF) in East Asia.
Global bureaucrats, business frontrunners and high-ranking officials gathered at the Makati Shangri-La Hotel to discuss this year's theme of "Leveraging Growth for Equitable Progress."
Netizens expressed their overwhelming support and optimism for the country's potential.
On Thursday, TV Patrol asked on Facebook and Twitter: "Naniniwala ka ba na magiging 'next Asian miracle' ang Pilipinas, bakit o bakit hindi?"
“Kahit noon pa man, tayo mga Pinoy ang best asset ng Pinas. Mapa manual labor man or intellect, we always excel,” said one Facebook user. “Isa lang ibig sabihin nito: magagaling ang mga Pinoy, hindi nga lang nagamit sa tama. Kung meron mang katunayan, iilan lang, Kumbaga ang talino ng Pinoy ay hindi nabigyan ng break at hindi na enhance ng maayos dahil sa kakulangan ng organisadong sestima,” said another.
But other social media users still doubt this ‘miracle,’ especially with the current situation of the Philippine government.
Even local news anchor and TV personality Lourd de Veyra gave his opinion on the matter.
Aside from the recognition of the Philippines' growing potential, President Benigno Aquino III also said that the Philippines is now "Asia's Bright Spot."
"This event serves as an inspiration to the public, business leaders, civil society, and governments across the Pacific and the globe. We are now Asia's Bright Spot. We hope that our economic comeback story encourages everyone to take this opportunity to invest and ride the momentum of meaningful progress with us," he said.
The three-day World Economic Forum started on May 21 and will continue until May 23.