Philippine Economy Talk

[Yatta]

[ANALYSIS] Debunking the deadly lies of Duterte’s economic managers

[Monseratto]

The Philippines and Vietnam lead ASEAN region in terms of remittances flowing into the country 🇵🇭🇻🇳

Basing on World Bank data published in 2019, global remittances totalled $689 billion in 2018, up from $633 billion in 2017.

Accordingly, the Philippines (ranked 4th in the world) is a country with foreign workers sending money the most in ASEAN with 33.8 billion USD, accounting for nearly 10% of GDP of this country. As estimated data of 2019, there are over 12 million overseas Filipinos. As the country with the most diaspora in Southeast Asia.

Another country participating in the ranking at No. 8 in the world is Vietnam, with more than 4.5 million oversea Vietnamese worldwide. The amount of remittances they send to develop the country is 15.9 billion USD.

Remittances contribute to increasing the country's foreign currency reserves, which are used for international payments. As well as increasing the source of savings, expanding the domestic consumption market of that country.

[Monseratto]

Your government's helpless situation...

Philippine Stock Rout Seen Deepening on Stringent Virus Curbs - Bloomberg

[uls]

PH economy double whammy

rising prices in a low demand environment

[uls]

[baludoy]

Dennis uy's holding company struggles amid pandemic concerns after rapid m & a moves




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[Athrunzala]

Dennis uy's holding company struggles amid pandemic concerns after rapid m & a moves




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malas lang niya, he took out big loans from banks, then the COVID outbreak began, this could be Orient Bank 2.0 of the Asian Financial Crisis in the late 1990s

[uls]

About Bloomberg Agriculture Subindex
Formerly known as Dow Jones-UBS Agriculture Subindex (DJUBSAG), the index is a commodity group subindex of the Bloomberg CI. It is composed of futures contracts on coffee, corn, cotton, soybeans, soybean oil, soybean meal, sugar and wheat. It reflects the return of underlying commodity futures price movements only and is quoted in USD.

PH is sooo not ready for this

[uls]

PH is so not ready for this

[uls]

if you're an importer you know what i'm talking about

your suppliers raised prices

malaki ang itinaas

kailangan ka din magtaas ng presyo

kaya ba ng mga customer mo ang bagong presyo?

sa itsura ng economy natin?