Results 571 to 580 of 4777
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June 18th, 2018 11:10 AM #571
looks like the market is now seriously concerned over the falling peso
companies that have a lot of dollar debt raise your hands
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Tsikoteer
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June 18th, 2018 11:16 AM #572
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June 18th, 2018 11:34 AM #573
also demand for dollars as foreign funds sell stocks and convert PHP to dollars
demand for dollars driving USD higher
forcing more selling
feedback loop
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June 18th, 2018 11:44 AM #575
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June 18th, 2018 11:55 AM #576
actually market reaction to the Fed's rate hike last wednesday was negative
it was the reaction to the ECB last thursday that drove the euro lower which drove the dollar higher
so yeah it also has to do with dollar strength
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yes according to a bloomberg survey 5 out of 8 economists are expecting the BSP to raise rates on wednesday
Sec Pernia said inflation has already peaked
if the BSP also believes that, then it's unlikely they'll do anything
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June 18th, 2018 12:58 PM #577
People losing their jobs and going hungry...
Zest-O mulls factory closure if losses continue | Philstar.com
Police slammed for 'violent dispersal' of NutriAsia contractual workers - CNN Philippines
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June 18th, 2018 01:10 PM #578
ung sa nutriasia mga protesters hindi daw empleyado
members daw ng kadamay
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re zesto
this one also
Local juice maker halts production >> Manila Bulletin Business
Columbia International Food Products Inc., one of the country’s biggest candy manufacturers, has phased out its sugar-sweetened beverage product line, after it was rendered unviable following the implementation of higher taxes under the TRAIN Law.
Company president Reynaldo Y. Go said in a press conference they have decided to stop producing its beverage product “My Juice” because the government was asking them to pay P7.20 in excise tax for its P7.05 juice.
7.20 peso tax on 7 peso juice
wtfLast edited by uls; June 18th, 2018 at 01:57 PM. Reason: typo pero --> peso
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June 18th, 2018 01:52 PM #579
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June 18th, 2018 01:58 PM #580
Kwento ng katrabaho ko, meron daw sya officemate dati na Italiano na tinanong daw bakit...
Traffic!