Philippine Economy Talk

[uls]

Expect volatility to continue in 2nd quarter

Downward pressure may continue this week

Gov't to release March inflation data on April 5

Inflation may be above BSP target adding downward pressure to equities

[uls]

Sentiment in the US improved overnight as the S&P 500 index climbed back above its 200 dma

PSEI could test 8100

[uls]

Jollibee ordered to regularize 6000 workers

[uls]

labor dept will inspect mcdo, kfc

[StockEngine]

this is good news. young workers need stable incomes.

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[Ry_Tower]

Dapat naman talaga mga supervisors at team leaders ng Mcdo at Yabi eh regular na. Yung mga working students understood na contractual pero dapat bawal din yung overworked tapos cleaners wala suweldo. Laki na ng kinikita ng mga yan, they should pay up.

Boracay closure no impact on PH economy — NEDA >> Manila Bulletin Business

Hindi naman yung punto ko malaki effect sa national GDP, yung mga tao dun ang important na macondiser. Kaya welcome itong news about DSWD conducting a comorehensive program for the residents of the area.
Gov’t comes up with comprehensive plan of action for impending Boracay closure >> Manila Bulletin News

[uls]

too optimistic this morning

thinking US sentiment will carry over

[uls]

Good morning

US equities rebounded from initial losses

Today is release of Ph March inflation data

PSEI range 7900 to 8100

[uls]

Philippines Feb exports -1.8% vs prior year (estimate +6.4%)

Philippines Feb trade balance -$3.07B (estimate -$2.98B)

[StockEngine]

is the inflation rate over 5% now?

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[carwhacko]

is the inflation rate over 5% now?

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Dang. Kelangan ko na magisip ng iba pang source of income to fight inflation.


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[leonleon]

Dapat naman talaga mga supervisors at team leaders ng Mcdo at Yabi eh regular na. Yung mga working students understood na contractual pero dapat bawal din yung overworked tapos cleaners wala suweldo. Laki na ng kinikita ng mga yan, they should pay up.

Si Yabi lang ang may contractuals.

Si McDo mas matino, so it seems.

Yabi mag file pa nga ng appeal sa order ng DOLE for them to regularize.

This is from BooChanco's twitter:

I bumped into *McDo_PH founder George Yang and in answer to my question, said McDo has never had endo employees from the start. Puwede naman pala *Jollibee

Boo Chanco (*boochanco) on Twitter

[StockEngine]

tax exempt and regularization. huge win for these low income folks

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[uls]

PSEI continues to trade below 8000

technicals still showing downward bias

[Monseratto]

Madali naman mag-utang... sa China.

PH posts P61.7-B budget deficit in February | Inquirer Business

[maxpedition]

Madali naman mag-utang... sa China.

PH posts P61.7-B budget deficit in February | Inquirer Business

Ano kabayaran yung share natin sa spratley na sinakop na nila? [emoji35]

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[Monseratto]

Ano kabayaran yung share natin sa spratley na sinakop na nila? [emoji35]

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Ganito mangyayari sa atin...


https://www.smh.com.au/politics/fede...09-p4z8j9.html

China has approached Vanuatu about building a permanent military presence in the South Pacific in a globally significant move that could see the rising superpower sail warships on Australia’s doorstep.

Fairfax Media can reveal there have been preliminary discussions between the Chinese and Vanuatu governments about a military build-up in the island nation.

Australian intelligence and security figures, along with their partners in the United States and New Zealand, have been watching with concern as Beijing deepens its influence with Pacific island governments through infrastructure building and loans.

Beijing has been showering Vanuatu, which has a population of about 270,000, with hundreds of millions of dollars in development money and last week committed to building a new official residence for Prime Minister Charlot Salwai as well as other government buildings.

[uls]

PSEI

the index spent most of yesterday's session under 8000

then MOC (market on close) buyers and foreign funds drove the index above 8000

[Monseratto]

:P

Friday the 13th...

As of April 13, 2018
3:20:00

PSEi
7,899.98
DOWN -143.09
DOWN -1.78%▼

[dreamur]

ICYMI

Dominguez: Previous PH admins paved way for ‘golden age’ growth | Inquirer Business

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