Philippine Economy Talk

[uls]

What if I tell you that US companies get more returns on their money if they expand in the Philippines (not buy PSEI stocks)?

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well you said nga ayaw nila mag invest sa pinas (FDI) they choose other ASEAN

sabi ko din if i was foreign company di ko 1st choice ang pinas

[uls]

and of course real assets can earn more than stocks or bonds

like investing in an asset you can rent out will earn more than stocks or bonds

or a real business

[dreamur]

Right. So un point ko talaga is having the right leadership will bring more FDIs in PH and will translate to more dollars and eventually lower inflation. But Im sure you know that already.

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[Monseratto]

[uls]

but core inflation rising

What Is Core Inflation?

Core inflation is the change in the costs of goods and services, but it does not include those from the food and energy sectors. This measure of inflation excludes these items because their prices are much more volatile. It is most often calculated using the consumer price index (CPI), which is a measure of prices for goods and services.

[Monseratto]

In an emailed commentary on Tuesday, CreditSights, a unit of the Fitch Group, held a cautious outlook over the prospects of Security Bank Corp., Union Bank of the Philippines, and Philippine National Bank.

Fitch unit expects 3 Philippine banks to underperform as headwinds mount | Philstar.com

[Monseratto]

Bangko Sentral ng Pilipinas Governor Felipe Medalla said the Monetary Board decided to raise key policy rates by 25 basis points, bringing the benchmark interest rate to 6.25%. |

[Monseratto]

Daming mawawala ng trabaho...

Land Bank & DBP Merger

National government, for first year, savings will be P5.0B

DBP currently has 752 branches & Landbank has 147

As a result of merger, only 22 DBP branches to be retained;

Landbank to have branch in all LGUs;

Landbank to be surviving entity

[thearsenal1205]

Daming mawawala ng trabaho...

parang nangyari lang recently sa merger ng UCPB at LBP.

[uls]

that's gonna be a very big bank