Philippine Economy Talk

[uls]

7-Eleven



like most businesses (that are still alive) 2020 has been written off

-

3 to 5 years impact

customers down by half

[Monseratto]

To all the places in Katipunan I’ve loved before

When students graduate from college, it is often with goodbyes full of celebration. For Ateneans, it's through annual events like Pabaon, Blue Roast, and graduation. But this year, due to the COVID-19 pandemic, the Batch of 2020 left without really saying goodbye, thinking they still had a chance to return to the vibrant neighborhood of Katipunan.

After more than four months in quarantine, the home of Iskos, Knollers, and Blue Eagles has changed dramatically, with one business after another closing shop.

It's a difficult reality to face for many students. Establishments around schools like UP, Ateneo, and Miriam College are what create the ecosystem that make life so dynamic and exciting for students in the area. The crowded little cafes and bars in the area are the extensions of these schools in everything but name.

As both alumni and current students mourn over the Katipunan they knew, they are also faced with the truth that the place that they once knew will never be the same.

[baludoy]

^ baka mas malala sa u-belt. i reckon the population of students there are twice or thrice more than that of katipunan's.

[uls]

Andrew Tan's holding company

subsidiaries that did good:

Emperador

Megaworld nakakabenta parin kahit lockdown

bad: RWM and Mcdo

[uls]

kawawa NCR

[Ry_Tower]

Andrew Tan's holding company

subsidiaries that did good:

Emperador

Megaworld nakakabenta parin kahit lockdown

bad: RWM and Mcdo

Jobee open nga dito, malls and even those outside, pero McDo sa SM never did tried to open.

[dr. d]

dito samin, baliktad.
bubuyog closed, payaso open.

[shadow]

Depende siguro saan yun branch whether Jollibee or Mcdo. They're just rationalizing kung ano ang worth open na branches and close muna to save on cost.


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[dr. d]

Depende siguro saan yun branch whether Jollibee or Mcdo. They're just rationalizing kung ano ang worth open na branches and close muna to save on cost.


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but if they are magkalapit,
pipiliting mag-open, dahil to close would be to admit defeat.

[shadow]

but if they are magkalapit,
pipiliting mag-open, dahil to close would be to admit defeat.

Not in this climate. Better to live and fight another day.

Right now pride is not the top priority.


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[boybi]

Not in this climate. Better to live and fight another day.

Right now pride is not the top priority.


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I think there are a total of 300++ jollibee stores that are still closed.

[akosijhay]

BSP chief warns Congress vs 1-yr loan payment moratorium | Inquirer Business

[Mask Rider Blac]

Masarap din ang food dito lalo na ung Krung Thai Milk Tea..

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[LRTan]

Buti nalang pala naka-ignore na siya sakin. sakit sa ulo ng mga post

how does one set the ignore post option?

edit : never mind found it...


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[Little Missy]

Pilipinas Shell

no longer viable to operate a refinery

It's a strategy. Magpapaandar ng refinery, gagawa ng produkto, ang hina naman ng demand. Import na lang that way the brand still gets to the customer with lesser cost. Kahit sa lubes products nila sa US ganyan. Their own plants are mostly for big customers and distributors, then the distributor will act as their plant. Magpaplace ng PO yung customer directly sa Shell pero ang magdedeliver yung distributor. Bawas facility to maintain, bawas sa babarayang tao, bibigyan na lang ng commission yung distributor.

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[Ry_Tower]

Not in this climate. Better to live and fight another day.

Right now pride is not the top priority.


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Agree on this one, avoid the Red. Kahit wala kita basta nakakasustain okay pa coz you're helping your employees.

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[dr. d]

It's a strategy. Magpapaandar ng refinery, gagawa ng produkto, ang hina naman ng demand. Import na lang that way the brand still gets to the customer with lesser cost. Kahit sa lubes products nila sa US ganyan. Their own plants are mostly for big customers and distributors, then the distributor will act as their plant. Magpaplace ng PO yung customer directly sa Shell pero ang magdedeliver yung distributor. Bawas facility to maintain, bawas sa babarayang tao, bibigyan na lang ng commission yung distributor.

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agree.
it's common sense strategy.

with today's slowdown, petroleum prices are low.
it is cheaper to import the finished product, than to manufacture it here thru its refinery.

they'll probably re-open it, once it becomes profitable again to operate.

[uls]

It's a strategy. Magpapaandar ng refinery, gagawa ng produkto, ang hina naman ng demand. Import na lang that way the brand still gets to the customer with lesser cost. Kahit sa lubes products nila sa US ganyan. Their own plants are mostly for big customers and distributors, then the distributor will act as their plant. Magpaplace ng PO yung customer directly sa Shell pero ang magdedeliver yung distributor. Bawas facility to maintain, bawas sa babarayang tao, bibigyan na lang ng commission yung distributor.

basically like other multinational companies operating in PH mas cost effective para sa kanila mag import kesa mag manufacture dito

[uls]

Shell is basically a brand

bibili lang ang Shell Pinas ng finished products sa ibang refineries sa Asia Pacific

heck they can even buy finished products from Petron's refinery the final user/end user won't know the difference

pagdating ng mga produkto sa mga Shell gas station nandyan parin ang branding -- it's still Shell Fuelsave and V-Power

[shadow]

Shell is basically a brand

bibili lang ang Shell Pinas ng finished products sa ibang refineries sa Asia Pacific

heck they can even buy finished products from Petron's refinery the final user/end user won't know the difference

pagdating ng mga produkto sa mga Shell gas station nandyan parin ang branding -- it's still Shell Fuelsave and V-Power

Matagal na nila plan yan diba? In fact Petron na lang talaga nagiisang refinery dito. Nabasa ko yan matagal na eh.


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