Philippine Economy Talk

**uls** · August 19th, 2020 04:58 PM

USDPHP 48.57

why?

not only coz of the weak dollar

it's largely coz our economy is so weak that we're not importing as much as before (weak demand)

we have a trade surplus now

nakakatipid tayo sa dollar

**uls** · August 19th, 2020 05:03 PM

Originally Posted by shadow

Urban poor call for financial aid, moratorium on evictions amid pandemic | Philstar.com

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need talaga SAP

**shadow** · August 19th, 2020 05:04 PM

Originally Posted by uls

need talaga SAP

Ok pa rin ba business ninyo compare last year, I mean revenues.

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**uls** · August 19th, 2020 05:23 PM

Originally Posted by shadow

Ok pa rin ba business ninyo compare last year, I mean revenues.

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ok lang... meron naman demand for material handling equipment

kasi whether goods are sold in physical stores or online... galing parin sa warehouses mga yan

so warehouses need equipment to lift/move goods

mahina ang earthmoving equipment... wala projects eh

**kagalingan** · August 19th, 2020 05:39 PM

Wawawowwwww

Ang bilis bumagsak ni american dollar

halos bago-bago lang post ko 49.03. Tapos ngayon nalagasan na singko sintemos

down pa more!!!!!

**uls** · August 20th, 2020 11:33 AM

Originally Posted by uls

pero mag cocomment na ako

sa mga nagsasabi Bangko Sentral will cut again

DI MUNA

kasi meron lag ang previous actions nila

it will take time for lower rates to transmit down to consumer level

that is if it transmits at all

coz banks are seeing their asset quality deteriorate

they're not in the mood to go on a lending spree and pass low rates to customers

dream on

---

The economy may get worse

BSP needs to save its interest rate ammo

di pwede ubusin ngayon

on the monetary policy side -- BSP HAS ALREADY DONE A LOT

it's time for the FISCAL side to do its job

the central bank has already done its part

the gov't has to spend

the economy needs fiscal stimulus

**baludoy** · August 24th, 2020 03:01 AM

another legendary opm rakenrol homestead closes down.

legendary route 196 rock bar along katipunan ave shutters its doors for good due to the pandemic.

'''End of the road''': Iconic Quezon City bar Route 196 bids farewell

ok pa naman crowd dyan. basta enjoy lang ng rakenrol at drinks walang problema.

**dr. d** · August 24th, 2020 09:38 AM

Originally Posted by baludoy

another legendary opm rakenrol homestead closes down.

legendary route 196 rock bar along katipunan ave shutters its doors for good due to the pandemic.

'''End of the road''': Iconic Quezon City bar Route 196 bids farewell

ok pa naman crowd dyan. basta enjoy lang ng rakenrol at drinks walang problema.

i didn't even know it existed.
lolo na talaga tayo...

**uls** · August 24th, 2020 01:53 PM

Originally Posted by uls

pero mag cocomment na ako

sa mga nagsasabi Bangko Sentral will cut again

DI MUNA

kasi meron lag ang previous actions nila

it will take time for lower rates to transmit down to consumer level

that is if it transmits at all

coz banks are seeing their asset quality deteriorate

they're not in the mood to go on a lending spree and pass low rates to customers

dream on

BSP is saving its interest rate ammo