Philippine Economy Talk

[Monseratto]

Bad sign how many families have been finacially hit and can no longer afford it...


Enrollment in private schools '''alarmingly low''' – group

As of July 24, a total of 1,259,076 private school students have signed up for the school opening on August 24 – just 25% of last year's 4.4 million students, according to the Department of Education (DepEd).

In a survey conducted by Cocopea in April, more than 500 of its 2,500 member schools participated. At the time, according to Estrada, around 400 or 80% of the respondent schools said they might close down during the pandemic.

Estrada said the number one reason for the low enrollment is the financial constraints of families, whose livelihood have been affected by the coronavirus pandemic.

"Marami ang nawalan ng trabaho. Maraming nawalan ng negosyo. I think marami rin siyempre ang gumastos diyan about their health. So talagang affected sila," Estrada said.

[boybi]

Bad sign how many families have been finacially hit and can no longer afford it...


Enrollment in private schools '''alarmingly low''' – group

Some just chose to enroll their children in public schools since classes will be done online and there’s almost no additional benefit in enrolling in private schools. Also, tuition fees in a lot of private schools ay mahal pa din kahit online classes na. Imagine their savings in electricity without the students going to the schools.

[ray_noel]

Ayos toh...


Add BONDS to your roster of online investments

Retail Treasury Bonds (RTBs) are medium to long-term investments issued by the Philippine government. During its most recent auction, the Bureau of Treasury (BTr) issued its 24th tranche of retail treasury bonds (RTB24), the Progreso Bonds para sa Bayan.

RTB24 will have a tenor of years (5) and a coupon rate of 2.625%, paid quarterly. Offer period is from 16 July to 7 August 2020, or earlier.


Why invest in RTBs?
AFFORDABLE: you only need P5,000 to start
RISK-FREE: government securities are fully guaranteed by the Republic of the Philippines
TRADEABLE: buy and sell the RTB24 in the secondary market
HIGHER INTEREST: get a higher interest rate vs other deposits
SUPPORT THE PHILIPPINES: proceeds will help support the government's efforts in recovery during the COVID-19 pandemic


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[kagalingan]

^
paano yan in laymans terrm, parang time deposit?

[uls]

Ayos toh...


Add BONDS to your roster of online investments

Retail Treasury Bonds (RTBs) are medium to long-term investments issued by the Philippine government. During its most recent auction, the Bureau of Treasury (BTr) issued its 24th tranche of retail treasury bonds (RTB24), the Progreso Bonds para sa Bayan.

RTB24 will have a tenor of years (5) and a coupon rate of 2.625%, paid quarterly. Offer period is from 16 July to 7 August 2020, or earlier.


Why invest in RTBs?
AFFORDABLE: you only need P5,000 to start
RISK-FREE: government securities are fully guaranteed by the Republic of the Philippines
TRADEABLE: buy and sell the RTB24 in the secondary market
HIGHER INTEREST: get a higher interest rate vs other deposits
SUPPORT THE PHILIPPINES: proceeds will help support the government's efforts in recovery during the COVID-19 pandemic


Sent from my iPhone using Tapatalk

grabe ang baba ng interest rate ngayon

[uls]

^
paano yan in laymans terrm, parang time deposit?

uutangin ng gobyerno ang pera mo for 5 years babayaran ka ng 2.625% per year

retail kasi pwede sa small investor 5000 lang pwede ka na mag invest

gov't needs money

[kagalingan]

fix na yan or nagbabago kagaya sa eastwest bank?

kasi ngayon sa eastwest, simula nagpandemic eh lumiit tubo.

[uls]

what do you mean pareho sa eastwest bank?

hindi siya bank product

bond yan issued by the gov't

ang interest rate niyan di gagalaw

pero ang presyo ng bond gumagalaw

[uls]

talaga mababa interest ngayon sa bangko

juice ko ang laki ng binawas ng bangko sentral sa interest rate

syempre mga bangko nagbaba din

[kagalingan]

yung kinikita sa interest ng senior.

Nung wala pandemic eh ok naman pero paiba-iba ranging from 6thou to 8thou ba monthly

pero pag pasok ng march, abril, mayo ay biglang lumiit.

Ayun winidraw na.

Hindi ito 5years lock

[uls]

yung kinikita sa interest ng senior.

Nung wala pandemic eh ok naman pero paiba-iba ranging from 6thou to 8thou ba monthly

pero pag pasok ng march, abril, mayo ay biglang lumiit.

Ayun winidraw na.

Hindi ito 5years lock

you mean meron ka time deposit sa eastwest bank?

o nag invest ka sa corporate bond ng EWB?

[ray_noel]

grabe ang baba ng interest rate ngayon

uutangin ng gobyerno ang pera mo for 5 years babayaran ka ng 2.625% per year

retail kasi pwede sa small investor 5000 lang pwede ka na mag invest

gov't needs money

Medyo confuse ako sa statement nito Bruh...
“RTB24 will have a tenor of years (5) and a coupon rate of 2.625%, paid quarterly. Offer period is from 16 July to 7 August 2020, or earlier. “

Yung 2.625%, hahatiin yan na 4? Kasi kada quarter yung bigayan ng interest?

Or 2.625% quarterly so mga 10.5% yearly?





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[uls]

Medyo confuse ako sa statement nito Bruh...
“RTB24 will have a tenor of years (5) and a coupon rate of 2.625%, paid quarterly. Offer period is from 16 July to 7 August 2020, or earlier. “

Yung 2.625%, hahatiin yan na 4? Kasi kada quarter yung bigayan ng interest?

Or 2.625% quarterly so mga 10.5% yearly?





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oo 2.625% per annum hindi 2.625% every quarter

imposible 10.5% per annum as in imposible in your dreams imposible

[madball]

2.625% less 20% withholding tax pa.... Last year, it was 6.25%.

[uls]

2.625% less 20% withholding tax pa.... Last year, it was 6.25%.

kaya nga eh

potek 5Y 2.6% wtf

[kagalingan]

ulysees,


sa senior yan yung account sa eastwest bank.

yung tinutubo biglang nagbago. Hindi pala sya fix.

[madshizuo]

Philippine economy is not as good.

[uls]

ulysees,


sa senior yan yung account sa eastwest bank.

yung tinutubo biglang nagbago. Hindi pala sya fix.

ah ok senior as in senior citizen pala

di ko gets noong una ano ibig mo sabihin "senior"

sa finance kasi meron tinatawag na senior debt, subordinated debt...

[kagalingan]

tanong ko pala bakit inaallow yung mga too good to be true na investment kuno na tumutubo 40%. Di ba dapat intervene na agad government shutdown na agad.

kasi may kausap ako ofw nagulat ako dahil nascam na nga pero sali pa din sa bagong soon to be scam.

tapos napunta usapan namin sa savings eh nagulat ako laman ng pera sa bangko eh 4digiits lang!!!! Kasi matutulog lang daw pera nya sa bangko.

So in short wala sya kwarta waley ipon hindi fluid.

Bakit takot sa bangko? Or baka naindoctrinate sa networking?

[uls]

di naman sa inalow ng gobyerno

sa early stages di pa naman mag a-appear sa radar ng gobyerno

usually pag malaki na tsaka mapansin ng gobyerno

gusto ng mga tao sumali sa ganyan coz of greed and FOMO (fear of missing out)

like may nagkwento kumikita daw ang 100k niya ng 10k/week syempre mainggit ung nakarinig gusto din sumali

ung na-scam na pero sumasali parin siguro ang thinking doon niya babawiin ung nawala niyang pera