Philippine Economy Talk

[uls]

Lugi exporters. Thats Php2.50 for every USD1.00 since start of lockdown in March.

yup

OFWs and BPOs din

dollar earners are getting less pesos for every dollar

[c_cube]

And hooray for importers

Pero wala din orders. Bagsak sales :twak:

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[Monseratto]

Shopping malls facing highest vacancy rate since Asian crisis | Inquirer Business

[uls]

And hooray for importers

Pero wala din orders. Bagsak sales :twak:

Sent from my SM-N950U using Tapatalk

yup kaya malakas ang PHP vs USD

mahina kasi demand for dollars

mahina domestic market so why would importers keep ordering from suppliers

[Monseratto]

Highest vacancy since Asian Financial crisis...



Mall vacancy rates approaching AFC levels | BusinessWorld

“A lot of retailers are going online, and we don’t expect them to expand their bricks and mortar space in the near term,” said Joey Roi H. Bondoc, Colliers Philippines head of research.

“Consumer confidence is at a low point, and as a result, we are likely to see a correction in lease rates,” he added.

Colliers expects retail rents to fall 10% by the end of 2020, continuing until next year, until a possible recovery in 2022.

“We are not likely to see a recovery in mall lease rates for the remainder of 2020, or over the next 12 or 15 months. In fact, that recovery will likely happen in 2022,” Mr. Bondoc said.

[uls]

Highest vacancy since Asian Financial crisis...



Mall vacancy rates approaching AFC levels | BusinessWorld

sabi ko nga it's a bad time for commercial real estate

[boybi]

Laki binagsak ng oil, dahil ba sa europe lockdown?

[uls]

^^^

yup coz 2nd wave will hit fuel demand

[Monseratto]

[uls]

wow Wilcon 2121%

i guess it's coz people stay home more madami nakikita dapat i-improve sa bahay

when lockdown eased nagpunta sa Wilcon mga tao

dami lagi naka park sa Wilcon quezon ave whenever i pass there