Philippine Economy Talk

[StockEngine]

2018 starts with a bang... TRAIN effects still unknown though.

Palace welcomes WB report naming PH as fastest growing economy in ASEAN - YouTube

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[StockEngine]

PSEi almost 9000 🤓

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[StockEngine]

4Q results will come out nextweek.

Economic growth in 3Q revised upwards to 7 pct | ABS-CBN News

[dreamur]

4Q results will come out nextweek.

Economic growth in 3Q revised upwards to 7 pct | ABS-CBN News

Similar in the US, wall street stays strong in the face of an imminent government shutdown.

GLOBAL MARKETS-Stocks rise as shutdown brews, bond yield at 3-1/2 yr high

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[StockEngine]

4Q results will come out nextweek.

Economic growth in 3Q revised upwards to 7 pct | ABS-CBN News

[uls]

Q4 2017 PH GDP

6.6%

lower than previous quarter

[dreamur]

Q4 2017 PH GDP

6.6%

lower than previous quarter

Uls, what is the forecast for Q118?

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[uls]

^^


6.6


_____________________

[uls]

PH 2017 balance of payments (BOP) negative 863M USD

BOP is basically dollars coming in and dollars going out

PH saw more dollar outflow than inflow in 2017

despite high dollar inflow in December it wasn't enough to offset dollar outflow in previous 11 months

source:
BOP deficit in 217 rises to $863 M >> Manila Bulletin Business

[StockEngine]

PSEi almost 9000 🤓

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35 pts to go

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[uls]

economic boost for Q4 2017 holiday spending

wait for Q1 2018 data

i'm curious what happened post holidays

effect of TRAIN

[dreamur]

35 pts to go

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Top up VUL?

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[DenNix]

I think TRAIN will benefit the upper class and will put more pressure on both the mid and low earners of our society
.
Yes there's is tax relief on income, but what makes it bad is the tax added on other items like Gas. If gas goes up almost all commodity will follow. We all know that.

It encourages the average earners to consume more and more since they will have a greater purchasing power, but with the cost of commodities going up, it will be, well, costly. Instead of taxing gas, why not tax rich and super rich more?

[uls]

let's wait for Q1 GDP figure

all talk now is speculation

[StockEngine]

Top up VUL?

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diversify :D

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[dreamur]

diversify :D

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Not the best time to invest though. Unload rather.

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[Ry_Tower]

I know you want the best for the economy. But really?!, a nuclear power plant in a red zone place like Sulu? There is something wrong with this on so many levels. Sana huwag niyo na ituloy pag-planning dyan, hanap kayo ibang lugar kung gusto niyo sana.

And never forget the brilliant Bataan nuclear fiasco.

PH considering nuclear energy plant in Sulu >> Manila Bulletin News

[minicarph]

Alam nyo wala na talaga magagawa sa inflation, mga hapon nga sobrang progressive, kei car lang kaya i afford. Mga germans whwn I was there and i mean napunta talaga ako sa residentials nila, not all have cars

Ang 2 liters mineral water sa Japan almost P120
Sa Germany P100

Ang big mac sa Japan P400
Sa germany P420

Yan ang byroduct ng progress, expensive prices.

Baguhin nyo na yun thinking nyo na pag umuunlad bumababa bilihin , Ang labo naman pag iisip yun.

Pag ummuunlad ang isang bansa, citizens tend to focus on what they want. They dont buy what they dont want. In most households, a lot of people still buy what they dont want/need like 2 door refs, a big fancy cooking range with ovens in the middle, a gasoline car, mga fancy jewelries na wala naman halaga, and lots and lots of food na hinde naman kelangan ng katawan. I think a lot of people today still buy gym equipments at home. Wag na kayo mag hire ng katulong and do the household chores yourself, yan ang mas effectve exercise kaysa home treadmill. On sundaysm i time myself, i clean my 2 cars in lessthan 2 hours dapat. And my third car since parked at the condo, i schedule one day of the week when im free. I Help my wife with the laundry and currently nag aaral ako mag ironing

And alao I dont watch stupid local TV and iDont even have cable TV subscription, I dont watch NBAGames, soccer, na walang katapusan every year. But I do warch instructional youtube videos, train train train. I dont even have comfy couch at home,after dinner, Id rather train kahit ano matutunan sa youtubem arnism karate, yoga, aero kick box.

All of that thats why takot sa inflation ang middle class. Only buy things that you really need. Dont complain prices pero lumalaki ka naman sa comfyness. The message of the times is pag inflationary, you have to shape up and act accordingly

[minicarph]

di ko talga kumbakit takot na takot kayo tumaas ang rice, hinde nyo ba alam kaya bilog ang muka nyo sa selfie saka sa facebook is because or rice, saka yun bilbil sa likod na tummy nyo kaya kahit payat binti nyo, parang ang taba ng feeling nyo pag nag-sinturon kayo

saka yan ang cause ng late age diabetes, coz rice are carbs. carbs if it says too long in your body, specfically fat carbs na yan na nga nagpapabilog ng pisngi at bilbil nyo sa liko, that contributes to higher blood sugar, and therefore diabetes

wag na kayo kumain ng rice, kung may beefsteak na ulam, gawin nyo na lang soup yun sabaw, tapos yun beefsteak, eh di steak di yun para nakayo ng protein diet or keto. o diba?

rice lang i-blame pa sa Presidente. anong klaseng mamamayan ba tayo. mga merkano at European nga siguro mapapakamot ulo, nagkakagulo sa Pilipinas kasi walang rice lol last May nga sa Europe sa isang buwan stay ko dun, ang lamig pa, parang dalwang beses lang ako nag-rice, isa sa chinese restaurant at isa sa halal resto na pinapatakbo ng syrian refugee sa Munich

nabuhay naman ako, what gives? what's big deal about rice?

[uls]

Kasi karamihan ng pinoy di nabubusog pag wala rice

Pag ginutom ang masa gulo yan

Pag nagkagulo bye bye sa lifestyle mong pakape kape sa coffee shop, paworkout workout as gym

Kailangan ayusin ng gobyerno itong problema sa bigas di lang para sa mga mahilig sa rice, para din sa mga hindi nagra-rice tulad mo