Philippine Economy Talk

[JohnM]

Dorothy Perkins is closing a lot of shops. They will only retain a few high-traffic ones. Affected employees will be reassigned to other companies within the group. They're encouraging online transactions. Suki kasi wife ko sa Aura branch and nagtaka sya bakit bagsak presyo so nakichika sa tauhan don.

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[_Cathy_]

No more Jumbo Siopao...

oh no. One of the RARE times I am willing to drive to Manila is if it's kainan at Emerald :P

[Monseratto]

Can the Philippines’ shopping centres survive in a post-coronavirus world? | South China Morning Post

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[Monseratto]

Went to Promenade G'hills... Sarado na pala yung Wee Nam Kee dun... Are all their branches permanently closed too? Xin Tai Fung is also permanently closed

[Deestone]

We are also very saddened for the closure of emerald garden I remember they use to have an extension store right adjacent to it. Is emerald garden already open during early 80's?

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[uls]

Can the Philippines’ shopping centres survive in a post-coronavirus world? | South China Morning Post

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matagal tagal pa bago bumalik sa pre-pandemic

[boybi]

Can the Philippines’ shopping centres survive in a post-coronavirus world? | South China Morning Post

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Visits to retail establishments across the Philippines fell an average of 55 per cent between February and July, according to Google’s Community Mobility Report. In Manila, the capital, visits slipped 68 per cent over that period – a huge blow to an economy that heavily relied on household spending.

When I go to malls, it doesn’t feel like 50% lang nawalang mall goers, more like 80% ang nawala.

[dr. d]

When I go to malls, it doesn’t feel like 50% lang nawalang mall goers, more like 80% ang nawala.

by my personal estimate,
i think 50% is a good estimate.
meron pa ring kahit maiksing pila sa cashier...

[boybi]

by my personal estimate,
i think 50% is a good estimate.
meron pa ring kahit maiksing pila sa cashier...

Maybe you’re referring to just the grocery?

Other retail outlets walang customers, sometimes zero sales in a day.

[dr. d]

Maybe you’re referring to just the grocery?

Other retail outlets walang customers, sometimes zero sales in a day.

nope.
the main event.
the department store.

but i understand.
some of the more specialized stores... i can imagine, wala ngang costumer all day...

[istan]

oh no. One of the RARE times I am willing to drive to Manila is if it's kainan at Emerald :P

Hibernation lang raw. Not closed.

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[dr. d]

Hibernation lang raw. Not closed.

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i have this belief that majority of those establishments that declared permanent closure, are in fact, hibernating.
something to do with labor laws, siguro...

[akosijhay]

Maybe you’re referring to just the grocery?

Other retail outlets walang customers, sometimes zero sales in a day.

+ 1

Galing ako ng mall kahapon, napansin ko na yung mga non-essential boutiques (like Bench, Penshoppe) wala talagang customer kahit naka sale na mga items nila. Karamihan, either nasa fastfood/resto, or grocery.

[boybi]

i have this belief that majority of those establishments that declared permanent closure, are in fact, hibernating.
something to do with labor laws, siguro...

Labor, lease, utilities, taxes, etc.

[uls]

how can the economy recover

dito sa QC di ka pwede pumasok sa supermarket pag walang quarantine pass

sayang mga customer bibili sana pero di pinayagan pumasok... lost sales yan

sobra limited ang number of customers

8pm curfew -- pre-pandemic a lot of consumer spending happens at night

restaurants, bars, night clubs etc

now my area is a ghost town around 7:30

wala... malayo pa ang recovery

[ninjababez]

how can the economy recover

dito sa QC di ka pwede pumasok sa supermarket pag walang quarantine pass

sayang mga customer bibili sana pero di pinayagan pumasok... lost sales yan

sobra limited ang number of customers

8pm curfew -- pre-pandemic a lot of consumer spending happens at night

restaurants, bars, night clubs etc

now my area is a ghost town around 7:30

wala... malayo pa ang recovery

nyak wala dapat bro dahil gcq naman.
dapat maging klaro govt dyan. as long as nakasuot face shield and face mask dapat ok lang.

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[dr. d]

Labor, lease, utilities, taxes, etc.

ganun na nga.
"mag-sara na lang ako."
madali namang mag-umpisa pag medyo maganda na ang hangin...

[uls]

nyak wala dapat bro dahil gcq naman.
dapat maging klaro govt dyan. as long as nakasuot face shield and face mask dapat ok lang.

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mas mahigpit pa ngayon kesa noong ecq

siguro dahil pinakamarami cases dito

[boybi]

Malaking effect talaga sa commerce ang hindi makalabas minors and seniors.

And may curfew pa.

[uls]

like ung wala pasok mga estudyante

di lang mga school ang affected

that whole ecosystem surrounding schools

mga dorm, mga kainan, lahat ng negosyo na kumikita sa gastos ng mga estudyante... wala... dead