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  1. Join Date
    Nov 2005
    Posts
    34,818
    #1581
    it's BSP decision day

    100% there will be a rate cut

  2. Join Date
    Sep 2003
    Posts
    21,866
    #1582
    Quote Originally Posted by uls View Post
    it's BSP decision day

    100% there will be a rate cut




    Philippine GDP growth still below target at 5.5% in Q2 219

  3. Join Date
    Nov 2005
    Posts
    34,818
    #1583
    kulang govt spending

    govt created new taxes which pulled a lot of money from the private sector

    they should spend it back into the economy

    consumer spending is strong but the private sector can't do it all

    --

    i see 25 bps rate cut

    maybe also RRR cut

    50 bps cut possible

  4. Join Date
    Nov 2005
    Posts
    34,818
    #1584
    baka dahil sa election campaign season naka-hold ang mga project

    govt should now spend fast and spend big

    transfer money back to the private sector

    -

    slowdown may also be effect of prior rate hikes
    Last edited by uls; August 8th, 2019 at 11:29 AM.

  5. Join Date
    Nov 2005
    Posts
    34,818
    #1585
    property sector down today



  6. Join Date
    Nov 2005
    Posts
    34,818
    #1586
    BSP 25 bps cut

    no RRR cut

  7. Join Date
    Sep 2003
    Posts
    21,866
    #1587
    Quote Originally Posted by uls View Post
    BSP 25 bps cut

    no RRR cut
    Peso streghtens despite the rate cut... 51.94

    Trump Voices Dismay Over Strong Dollar, Renews Fed Cut Call?

  8. Join Date
    Nov 2005
    Posts
    34,818
    #1588
    Quote Originally Posted by Monseratto View Post
    Peso streghtens despite the rate cut... 51.94
    this is why i didn't wanna make a prediction (yesterday someone in another thread was asking for a prediction)

  9. Join Date
    Sep 2003
    Posts
    21,866
    #1589
    Patay kang baboy ka... PH is no longer spared from the Swine flu that devastated China's pig industry.

    DA probes suspected African swine fever cases in PH

  10. Join Date
    Mar 2006
    Posts
    12,989
    #1590
    rotten news once again:

    Plaza, PEZA: at least 3 manufacturers have left PH this year alone, including Japanese chipmaker Mitsumi which moved operations/ expansion to Cambodia- thatís $1.5B Investment, 3000 jobs lost
    - *ANCALERTS

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Philippine Economy Talk