Philippine Economy Talk

[Deestone]

I haven't dine in shangrila and kowloon we always eat at sambokojin in that area. Well, hope kowloon and sambokojin can somewhat survive.

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[shadow]

Grabe talaga effect sa restaurant business!!!


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[uls]

I haven't dine in shangrila and kowloon we always eat at sambokojin in that area. Well, hope kowloon and sambokojin can somewhat survive.

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from the looks of it i think kowloon can survive better than shangrila

[Little Missy]

Napa add to cart at checkout tuloy ako dun sa nearby cafe samin. [emoji22]

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[boybi]

Malapit lapit na din ibang mga resto namin. We'll see if the 75% allowed dining capacity will bring improvement sa sales. Ayoko na maglabas pa ng pera knowing that this crisis will last until next year.

[uls]

even if the gov't allows 75% dine-in many people are still afraid to go to resto

i remember back in Feb me and my friends cancelled dinners coz of the videos from wuhan (where people collapsed on the street and overwhelmed hospitals)

fear will continue to hold back many people from going to restos even if restrictions are eased

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kalaban ng mga resto ung voluntary na pag iwas ng tao mag dine in

[uls]

naalala ko some weeks before march 15 lockdown sinasabi ng chamber of commerce malaki ang hinina ng mga resto


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Re: screenshot ni LM

kahit may ipon ang may ari ng resto di niya alam gaano katagal siya gagastos to keep the resto alive

ung labas ng pera mas malaki kesa sa pasok ng pera

pano kung hanggang next year

kailangan mag desisyon when to cut losses

it seems many have decided Q3 or Q4

[Little Missy]

My sister has a small burger business (like a poor man's Sweet Ecstacy). Because she's high risk (early stage diabetes) hindi sila nagpapa-dine in kahit maraming makukulit napapaaway daw siya. They survive through delivery, this way nakakatulong siya sa mga riders. May loyal following na kasi siya (pag birthday niya nagpapa buy 1 take 1 siya pila sa street buong araw). So they contact them through fb or phone. Nung unang bumalik sila ng operations, ang challenge was yung limited na oras allowed for them to operate, 3 hrs lang ata. Now kahit longer hrs na sila medyo mahina na din daw sales compared before kasi marami na din nagtitinda. Pero thankfully hindi siya palugi. Pero nagpeprepare na din siya naghahanap na siya ng ibang pwedeng ibenta. Binibentahan nga ako ng face masks at tuwalya lol.

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[StockEngine]

My sister has a small burger business (like a poor man's Sweet Ecstacy). Because she's high risk (early stage diabetes) hindi sila nagpapa-dine in kahit maraming makukulit napapaaway daw siya. They survive through delivery, this way nakakatulong siya sa mga riders. May loyal following na kasi siya (pag birthday niya nagpapa buy 1 take 1 siya pila sa street buong araw). So they contact them through fb or phone. Nung unang bumalik sila ng operations, ang challenge was yung limited na oras allowed for them to operate, 3 hrs lang ata. Now kahit longer hrs na sila medyo mahina na din daw sales compared before kasi marami na din nagtitinda. Pero thankfully hindi siya palugi. Pero nagpeprepare na din siya naghahanap na siya ng ibang pwedeng ibenta. Binibentahan nga ako ng face masks at tuwalya lol.

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Ano name? We'd like to help! Who doesnt like a good burger..

[Little Missy]

Ano name? We'd like to help! Who doesnt like a good burger..

Basta it's in muntinlupa lol. Yes to supporting small businesses.

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[boybi]

naalala ko some weeks before march 15 lockdown sinasabi ng chamber of commerce malaki ang hinina ng mga resto

At least 20% na binagsak ng sales namin nung Feb palang. Laki nabawas sa foot traffic sa mga malls nung Feb.

[uls]

yup yun nga naalala ko kahit before lockdown may takot na mga tao

madami nag voluntary stay at home na kahit walang pa order ng gobyerno

[Wh1stl3r]

Is the government spending the loans they got for covid already? Part of it should be earmarked for SMEs, specially in the service, food and beverage sector.

[uls]

parang wala pa ung sinasabi nila economic stimulus

[shadow]

Hinde pa alam saan kukunin.


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[Monseratto]

[Monseratto]

Marami pa rin magsasara by the end of the year...

PCCI warns businesses face permanent closure if lockdowns continue | BusinessWorld

If it reverts back to an ECQ, only a select number of essential industries will be allowed to operate and restrictions on the movement of people will once again be imposed.

“Business closures mean a drop in taxes and budgetary income, putting at risk the sustainability of public finances and the ability to fund public services, including health and education,” Mr. Yujuico said.

PCCI said 800 member hotels and tourism businesses in Palawan have closed, while over 8,000 businesses, mostly in the garments industry, in Taytay, Rizal have shut down.

In Metro Manila, more establishments can now operate and at higher capacities. Dine-in at restaurants, barbershops, and salons can have up to 50% capacity in areas under GCQ.

However, Mr. Yujuico said the limited allowable operations translate into losses for companies that would rather close.

“Fifty percent is not enough to pay the rent, utilities and employees; you cannot tell a manufacturing company to operate at below capacity and still require it to provide accommodation and/or shuttle services for its workers; and, you cannot open businesses, even at phases, without allowing public transportation,” he said.

[uls]

March:

why is uls so concerned about the economy?

[dr. d]

March:

why is uls so concerned about the economy?

...because uls is a businessman?

by the same token,
i'll be concerned about health.

[dr. d]

from the looks of it i think kowloon can survive better than shangrila

maraming take-out business siguro ang kowloon.
marami kasing pagod nang mag-luto pagdating sa bahay.

yung hole-in-the-wall outlet nila sa SShway corner vito cruz, puro take-out.