A dozen more conglomerates like RSA's, maybe we have a chance

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BY RSA, I mean, of course, San Miguel Corp. President and CEO Ramon S. Ang, who is usually referred to by his initials. By "maybe we have a chance," I mean a chance for this country to finally crawl out of its essentially stagnant, stop-and-go economy since 1987 if, say, we have just a dozen conglomerates like that led by RSA. One of the richest countries in Southeast Asia, our economy's pitiful path has resulted in our falling (in terms of GDP per capita) behind China in 1997, Thailand in 1985, Indonesia in 2001, and most recently, Vietnam in 2020.