Philippine Economy Talk

[uls]

To be honest, not as bad as we're expecting the most is pareho lang. But that's because Yun nature ng 3 main businesses namin is not really affected by dollar movements. I don't want to get into details here but to put it simply we can take the hit.

But I don't know with others.

PM kita explain lo sayo kung bakit Hinde kami affected.



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got your PM

affected kami ng exchange rate coz we import

pero aware ako sa nangyayari sa labas ng bansa -- nagbago ang monetary policy ng US so lumakas ang dollar

kaya di ko sinisisi ang current admin sa paghina ng piso (the same way i don't credit the previous admin for the strong peso)

uninformed people blame du30

specially those biased against him

[chronicle]

Maybe by the time the lease is up, the term of digong will be about done too then they'll share a couple more beers with me and they'd have to wait and see again who will be the new face in the chair

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Oooooor he stays in power indefinitely assuming we adopt a parliamentary Fed form of government.

Either way, BPOs will make a decision on what makes business sense to them. Even if policies or decisions or speeches hit them, if the bottom line here is still greener than anywhere else in the world, I'm thinking they stay.

It's all about the money. It's all about the dum dum dee dee dum dum.


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Stay hungry. Stay humble.

Too many uncertainty is what scares an investor. Let's see if the bpo industry will start to contract.

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[falken]

Too many uncertainty is what scares an investor. Let's see if the bpo industry will start to contract.

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True, investors want stability. Not policies that change from one administration to the next.

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[Monseratto]

Hmm... Pinaglalaruan yung down stock market...

Golden Haven (HVN)

Mar 07, 2018
324.20

Mar 06, 2018
322.00

Mar 05, 2018
313.00

Mar 02, 2018
323.20

Mar 01, 2018
320.00

Feb 28, 2018
316.00

Feb 27, 2018
301.00

Feb 26, 2018
300.00

Feb 23, 2018
270.00

Feb 22, 2018
279.00

Feb 21, 2018
174.00

NOW

Jan 24, 2018
4.62

Feb 23, 2018
17.02

[dreamur]

Hmm... Pinaglalaruan yung down stock market...

Golden Haven (HVN)

Mar 07, 2018
324.20

Mar 06, 2018
322.00

Mar 05, 2018
313.00

Mar 02, 2018
323.20

Mar 01, 2018
320.00

Feb 28, 2018
316.00

Feb 27, 2018
301.00

Feb 26, 2018
300.00

Feb 23, 2018
270.00

Feb 22, 2018
279.00

Feb 21, 2018
174.00

NOW

Jan 24, 2018
4.62

Feb 23, 2018
17.02

My wife was literally crying when it reached 300+ and she sold when it was nearing 200. I told her dont be greedy.

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[stayhungry]

In other news

Philippines tops 2018 Women in Business survey


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Stay hungry. Stay humble.

[Wh1stl3r]

Point ko lang sa admin you want the existing investors to stay and attract more of them. Not just hope they stay despite removing incentives.

[minicarph]

OB, apparently you are only looking at the local business condition. Here's a macroeconomic view - I belong to an industry contributing $30B a year revenue and employing 4M filipinos. That is $4B in corporate taxes and another $3B in personal income tax. Let us just assume 10% will close shops because of unfriendly tax environment. That is half a billion dollars that will drain out of the reserves. Do you think China and Russia will subsidize?

Here is a micro view - my company employs 3000 heads. Multiplier is 4 to a family so that is 12,000 mouth to feed. If the head office will decide to move operations somewhere else, do you think the duterte kitchen will feed the 12000?

Meantime, the company will offer golden parachutes to the executives. Thank you digong! And I will give a middle finger salute to the employees who are given free access to social media using company resources only to insult the motherland of the company that put food on their table and send their kids to school. Yes, I know who they are because I can read what they are posting on their walls but we tolerate it because we value freedom of expression and encourage open discussion.

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i have always blamed big corporations as the real source of inflation. for me, I think there are more people sitting in the office from 8am-6pm trying to find the answers in the computer. and yet they are paid more than the average manual laborer.

so from what I can see sa example, the economy will correct itself. many will be laid off because of redundant jobs. too many analysts. so im sorry dream pero its not me, its not myPres who is to blame for this. it's the wrong direction that the system went from y2k to present.

alam who's to blame? the millennials. their tastes and their wants are not what these executives are producing for them. so good luck executives.

[minicarph]

got your PM

affected kami ng exchange rate coz we import

pero aware ako sa nangyayari sa labas ng bansa -- nagbago ang monetary policy ng US so lumakas ang dollar

I read the entire book of Trump. Its called the Art of The Deal. Trump plays the long game, or probably the long bluff game.

Ang problema kasi sa mga dilaw, panic kagad whenever there are negative news. and then they tend to magnify it pa. ang hindi nila alam they are the their own source of economic sabotage.

Trump is one of the most unique leaders na nabasa ko talaga. in fact, he can compared to other great leaders of the past. pag reklamador ka, quitter ka, bagsak ka. you are your own downfall.

Pero actually this is how Trump filters people. how he separates the weak from the strong, so that the strong can be stronger. so for those of you who think that the economy will fall. It will fall not because of the economy in general, it will fall because of your attitude. and guess what, sa field nyo lang mag-fall. That is how nature filters the weak from the strong.

actually ang galing ng ating Presidente, and thats why Trump respects him. He played both sides, actually so many sides that instead of us being always the underdog, suddenly all our neighbors are wooing us, including the USA hhihi

[StockEngine]

i need that book in my library [emoji848]

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[StockEngine]

https://youtu.be/nebI4LSRovE

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[dreamur]

The new stock exchange center in BGC. Note the price ticker.



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[jut703]

The new stock exchange center in BGC. Note the price ticker.



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Ganda bro. Saw this in person earlier this week, lapit sa office eh. [emoji16]

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[dreamur]

Ganda bro. Saw this in person earlier this week, lapit sa office eh. [emoji16]

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Oo bro. Kape-kape ka na lang dyan sa kanto habang nanunuod ng price ng stocks mo.

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[A121]

2 countries come to mind - Vietnam and Indonesia.

India is already siphoning tbe IT support.

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Malaki sakop at maraming processes ang IT. Depende sa needs ng kumpanya kung saan nya ibibigay yung business processes.

As long as the talent pool improves, we have little to worry about.

[CVT]

The new stock exchange center in BGC. Note the price ticker.



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Ganda! NYSE!!!....

[_Cathy_]

I was also impressed when I saw the building for the first time.

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[uls]

can't even close green on a good day

[Ry_Tower]

This is welcome news.

PH FDI hits record $1 B in 217 >> Manila Bulletin Business

"Equity capital placements originated largely from the Netherlands, Singapore, the US, Japan, and Hong Kong SAR, according to the BSP."

[uls]

profit-taking

foreign funds keep selling PH stocks