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Verified Tsikot Member
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August 7th, 2020 10:36 PM #2741BSP has already done its job of providing sufficient liquidity. Government's fiscal response on the other hand, is not only slow but also inadequate.
Seriously? Only P140 billion budget for Bayanihan 2? Are they even trying to revive growth?
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August 9th, 2020 12:16 PM #2742
Businesses that benefitted from OFW remittances already feeling the pain...
Coronavirus to cut remittances to Asia-Pacific by $54.3 billion: ADB | ABS-CBN News
Ayala Land, Robinsons Land posted lower profits in first semester - Manila Standard
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August 9th, 2020 01:45 PM #2743
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Tsikoteer
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August 9th, 2020 02:35 PM #2744don't mind the cars.
they buy tons of small-ticket items that, as a whole, affect the economy more than them cars.
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August 9th, 2020 02:47 PM #2745
Philippines Needs $31.8 Billion Recovery Plan, Lawmaker Says
“It’s consumption reduction that caused the contraction pretty much,” Quimbo said. “If we don’t address the loss of jobs and people don’t have money how do we recover? Government has to spend so that confidence comes back.”
But President Rodrigo Duterte’s economic managers prefer a combination of measures: a smaller 140-billion pesos spending bill and a proposal to cut corporate income taxes, while scaling back on incentives to businesses. The government must conserve its “fiscal stamina” to sustain its fight with the virus, Finance Secretary Carlos Dominguez said Saturday.Last edited by Monseratto; August 9th, 2020 at 02:51 PM.
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August 9th, 2020 03:00 PM #2746
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August 9th, 2020 03:12 PM #2747
eto yun sinasabi ko kailangan gastusan ng gobyerno
the gov't has to subsidize small/medium businesses para di sila magsara at makadagdag sa number of unemployed
ano ang reason baket nagsasara mga negosyo ngayon?
kasi mahina benta pero kailangan parin magpasweldo
gaano katagal kaya ng mga negosyo yan diba?
so bigyan ng gobyerno ng pang sweldo para hindi magsara
in english -- the gov't should help businesses keep the lights on
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August 9th, 2020 03:25 PM #2748
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August 9th, 2020 03:38 PM #2749
as long as businesses haven't recovered yet
during ECQ diba meron SSS SBWS na 16,000 per employee (2 P8000 tranches)
parang ganun pero tuloy tuloy
imagine a business that's open daily pero ung kita kulang pa sa pang sweldo, bayad ng upa, bayad sa kuryente etc
sigurado mag decide ang may ari isara nalang
pero pag nakakatanggap siya ng pera galing sa gobyerno at least maiwasan ung pagsara
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August 9th, 2020 04:00 PM #2750
ang lotech kasi ng gobyerno mag distribute ng SAP
cash wtf
just make everyone download gcash or paymaya doon ipasok ang SAP
stores... pati mga tindera sa palengke... will be forced to accept payment via apps
gov't should use this crisis as an opportunity to pull (more like force) the masses into digital payment
para di iwan ang PinasLast edited by uls; August 9th, 2020 at 04:02 PM.
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