MANILA – Washington Sycip, the founder of auditing firm SGV & Co., never doubted the ability of Filipino talent to shine overseas.
But he also knew very well, they didn't have to be displaced from their homeland, to make a difference.
SGV now has in its staff Filipino professionals, who travel the region for work, but are still based in the Philippines. This is the reason why he thinks ASEAN integration will only enhance "brain gain" benefiting the country.
"I have full confidence in the ability of the Filipino--men or women---to compete. I brought many years ago, Texas Instruments, they are now the largest exporter from the Philippines. the first plant was in Baguio, then they decided [to put up] the second plant in Clark airbase, and they are now expanding the second plant in spite of efforts of China to convince to locate in China. So they're very happy about Filipinos working with them. What many people are not aware, lovely watches Timex is made in Cebu, and again it's [about] good people. I have no worry about the Filipinos to compete as long as they are properly trained," Sycip told ANC's "Market Edge."
The third installment of the exclusive interview with Sycip delves into the advocacy that has kept him busier in his retirement years than he had ever been during his prime years at SGV.
The third part will be aired on Monday, September 28, on ANC's Market Edge. For the first part of the interview, click here.