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June 29th, 2020 01:25 PM #2332
meron stimulus bill
House approves P1.3-trillion economic stimulus package vs pandemic
kailangan bilisan nila
ang tanong dun kailan mararamdaman ng economy ung pera?
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June 29th, 2020 03:26 PM #2334
i don't know the details
here are some:
House panel OKs P1.3 trillion economic stimulus package | Inquirer News
testing
Under the proposed Philippine Economic Stimulus Act (PESA), a P10 billion budget is allocated for massive testing which seeks to “alleviate ‘fear factor’” among the public since “without testing, workers will not go to work, consumers won’t go out and businesses won’t open.”
The bill likewise provides P110 billion budget in wage subsidies under the Department of Labor and Employment (DOLE) and P30 billion for “cash for work” under the DOLE-Tulong Panghanapbuhay para sa Ating Disadvantaged/Displaced Workers (TUPAD).
A P15 billion budget is also allocated to assist students affected by the pandemic.
In terms of businesses’ financial capability, P50 billion is provided for loans for micro, small, and medium enterprises and P50 billion for zero-interest loans under the Land Bank of the Philippines (LBP) and Development Bank of the Philippines (DBP).
Funds are also provided to assist “critically impacted sectors” such as MSMEs (P10 billion), tourism (P58 billion), industry and service sectors (P44 billion), transportation (P70 billion) and agriculture (P56 billion).
carwhacko baka may makuha ka dito (tourism)
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June 29th, 2020 04:00 PM #2335
Looks good sa press release pero pano nga ba execution? I'm not questioning the need for economic subsidy (there's no other way). Pero nagagamit ba and napapakinabangan?
Honest question kasi di naman ako MSME so I wouldn't have firsthand experience. Ang alam ko lang yung pinangakong SAP samin (all residents of Pasig daw), hanggang ngayon wala pa. Kakarating lang ng survey form last week na pinapafill up tapos isusubmit.
Pero baka hindi naman kasi kami priority since I'm sure mas priority yung ibang barangay sa Pasig and likely mas mabilis disbursement nila ng ayuda doon.
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June 29th, 2020 04:12 PM #2336
yep press releases always sound good kaya i'm skeptical of press releases
but there's no other way... only the gov't has money now
they're the only player left in town
the biggest companies (SM, Ayala etc) cut their capex
i dunno who is expanding now
maybe logistics companies
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the gov't needs to hurry up and release the money
the analogy i use is the economy is a person who lost a lot of blood
the gov't needs to provide blood quickly para di mamatayLast edited by uls; June 29th, 2020 at 04:21 PM.
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June 29th, 2020 04:34 PM #2337
Nagawa to ng China in 2008. In fact they did a better job of saving failing industries than the US did kaya mas mabilis silang nakarecover post-recession than the US (among other things).
Kasi kahit corrupt sa China, maayos gobyerno nila magexecute. Dito corrupt na nga, kalat pa.
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June 29th, 2020 05:31 PM #2339
Nag apply ako ng ayuda sa DOLE for my employees kaso wala na raw budget kahit maaga ako nagsubmit naman March pa. Tapos apply rin ako subsidy ng BIR at SSS for SMEs kaso same response hindi raw unlimited funds. Pinalipas ko na lang.
Sa loans naman as much as possible ayoko muna magloan kasi wala ako ipambabayad rin naman kahit zero interest pa saka high risk ang industry ko, papautangin kaya ako ng banks or govt financial institutions? Sa private banks baka since maayos credit ko pero wala naman zero interest don. Haha okay sana yung sa Landbank at DBP since zero interest.
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June 29th, 2020 06:55 PM #2340
dito ka magtataka
ang lakas ng PHP kahit naka 125 bps rate cut na ang BSP this year
know why?
coz of the lockdown
the gov't stopped the economy dead in its tracks in March
without economic activity imports fell in April
with a smaller trade deficit, nag surplus ang current account natin
kaya ang lakas ng PHP
(investors use the current account of an EM country as a gauge: surplus good, deficit bad)
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dahil sa paghina ng imports nakatipid tayo ng dollars
combine that with dollars we got from foreign loans our forex reserves are at an all time high
pero going forward we're facing headwinds
sigurado mas konte ang OFW remittancesLast edited by uls; June 29th, 2020 at 07:04 PM.
doc, in first world testing kahit walang itim na usok eh bagsak talaga diesel remember the...
LTO accredited emission testing centers