Philippine Economy Talk

[baludoy]

Taken from boo chanco's article



the things you own end up owning you

[uls]

GCQ

Make GDP positive again

[uls]

lockdown impact

BDO sets aside additional P20B for loan-loss provision on top of P2.1B already set aside in Q1

BDO expecting delinquencies to rise this year due to "disruption in business activities, tightness in corporate liquidity, lower consumption levels, and contraction in GDP”

[Monseratto]

https://www.autoindustriya.com/auto-...rgtIshSF2xmvc8

Honda Cars Marikina, Honda Cars Marcos Highway, Honda Cars Kalookan, and Honda Cars Fairview and Isuzu Greenhills.

[glenn_duke]

https://www.autoindustriya.com/auto-...rgtIshSF2xmvc8

Honda Cars Marikina, Honda Cars Marcos Highway, Honda Cars Kalookan, and Honda Cars Fairview and Isuzu Greenhills.

Tsk tsk, Nag avail kaya Yuchengco ng DOLE salary assistance?

[Ry_Tower]

Tsk tsk, Nag avail kaya Yuchengco ng DOLE salary assistance?

I think the reason is not about employee salary, they expect a sharp decline in new auto purchases and services as well, thus not profitable enough to operate such a number of casa. Streamlining talaga ng corporate structure for the future.

Baka next year if this pandemic fizzles down, they may re-open some of them naman. Sana.

[carwhacko]

https://www.autoindustriya.com/auto-...rgtIshSF2xmvc8

Honda Cars Marikina, Honda Cars Marcos Highway, Honda Cars Kalookan, and Honda Cars Fairview and Isuzu Greenhills.

This is bad hays more job loss


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[uls]

from the corona thread:

Victoria Court signing out: Angie King shutters motel empire, lays off hundreds of employees – Bilyonaryo

Victoria Court is closing down.....

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[dreamur]

Counting the eggs too soon...

Window dressing: Tan Caktiong’s Jollibee claims it gained P3.15B from purchase of loss-making Coffee Bean franchise – Bilyonaryo

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[dreamur]

BIBO???

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[baludoy]

Alfredo's steakhouse is closing their doors for good After more than 50 years. True qc residents will surely miss them.



the things you own end up owning you

[falken]

How is this gonna help save the economy?

Sudden change in rent policy requires businesses to pay sooner than expected | Inquirer Business

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[uls]

so what happens now?

C -- consumers got hit with an income shock (months without income)

that caused a demand shock (less money/no money to spend)

but consumption is sticky specially on essentials (no matter what happens people still consume)

so if your business deals with essentials you'll be ok

those dealing with discretionary goods & services won't be ok

G -- gov't spending will depend on willingness to borrow (see higher deficit)

well it's seems the gov't is willing to borrow (to spend on econ stimulus)

that should partially offset private sector weakness

I -- investment?

Companies are cutting capex

forget about investment's contribution to GDP this year

NX -- Exports minus imports

The Philippines' trade deficit decreased to USD 2.38 billion in March 2020 from USD 3.33 billion in the same month a year earlier. Year-on-year, exports slumped 24.9 percent to USD 4.53 billion, while imports tumbled 26.2 percent to USD 6.91 billion. Considering the first three months of the year, the country posted a trade surplus of USD 2.82 billion, narrowing from a USD 3.67 billion in the corresponding period of 2019.

[glenn_duke]

How is this gonna help save the economy?

Sudden change in rent policy requires businesses to pay sooner than expected | Inquirer Business

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Nangangamoy Villar

[falken]

Alfredo's steakhouse is closing their doors for good After more than 50 years. True qc residents will surely miss them.



the things you own end up owning you

Fake news daw yan, Sir baludoy. May nag viber din sakin.

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[uls]

foreign funds buying PH stocks 3rd day in a row

#GCQ

[akosijhay]

foreign funds buying PH stocks 3rd day in a row

#GCQ

Sir Uls question,

May mga friends ako na nagsabe na eto yung best time para bumili ng stocks sa company (e.g. Jollibee). Problem, wala ako idea how stock market works pero iniisip ko na mag invest ako sa stock market kesa naka tengga lang sa bangko. Ano ang advice nyo sir?

TIA!

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[ray_noel]

foreign funds buying PH stocks 3rd day in a row

#GCQ

Bruh, do you think the stocks will still go up in the next 2 weeks? I saw my port all green now but hesitant to sell since the trend is going up... sayang din ang kunting kita...

Alam mo yung nag sell ka ng particular price tapos after a week nag 20% up pa pala yung sell price mo...

greedy ako pero hindi masyado, usually 5-10% gain bitawan ko na pero ngayon kasi galis galing sa dip yung price and im thinking na baka ma overtake nila yung 52weeks high price...


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[Lin Dan]

When taxpayers should be blamed


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[uls]

Sir Uls question,

May mga friends ako na nagsabe na eto yung best time para bumili ng stocks sa company (e.g. Jollibee). Problem, wala ako idea how stock market works pero iniisip ko na mag invest ako sa stock market kesa naka tengga lang sa bangko. Ano ang advice nyo sir?

TIA!

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Hi Sir,

yes of course you should have exposure to stocks

either via mutual fund or directly via broker

pero sorry can't gonna tell you which stocks to buy and when to buy