New and Used Car Talk Reviews Hot Cars Comparison Automotive Community

The Largest Car Forum in the Philippines



Page 17 of 355 FirstFirst ... 71314151617181920212767117 ... LastLast
Results 161 to 170 of 3547
  1. Join Date
    Jan 2018
    Posts
    148
    #161
    February inflation seen hitting 4.1% as ‘sin’ product prices shoot up | BusinessMirror

    "While the 4.1 percent forecast may seem to have breached the higher end of the inflation-target range, it is largely on account of the price increase of sin products. These are nonessential and are even harmful products,

    Food and nonfood commodities alike see their respective rate of price increase relatively unchanged, while those of sin products may have likely accelerated. The latter may be explained partly by price increase due to sin tax hikes and partly by the appropriate price adjustments of Mighty Corp. "

    Philippine Economy Talk


    ------------------------------------------
    Stay hungry. Stay humble.

  2. Join Date
    Nov 2005
    Posts
    34,818
    #162
    somebody linked this:

    ‘Hot money’ leaves PH | Inquirer Business
    Funds invested in local equity, bond and money markets continued to flow out of the country in the third week of February, accelerating a trend that reversed the net inflows of so-called “hot money” that was recorded in the first month of the year.

    Data from the Bangko Sentral ng Pilipinas showed that $201.12 million in cash were withdrawn by overseas fund managers from the local equity, bond and money markets in the third week of February 2018. This followed “hot money” repatriations in the first and second weeks of the month with a net amount of $59.95 million and $159.21 million.



    hindi lang Pinas ang may foreign fund outflow noong Feb



    (chart posted Feb 13)
    Last edited by uls; March 6th, 2018 at 04:09 PM.

  3. Join Date
    Nov 2005
    Posts
    34,818
    #163
    Quote Originally Posted by stayhungry View Post
    February inflation seen hitting 4.1% as ‘sin’ product prices shoot up | BusinessMirror

    "While the 4.1 percent forecast may seem to have breached the higher end of the inflation-target range, it is largely on account of the price increase of sin products. These are nonessential and are even harmful products,

    Food and nonfood commodities alike see their respective rate of price increase relatively unchanged, while those of sin products may have likely accelerated. The latter may be explained partly by price increase due to sin tax hikes and partly by the appropriate price adjustments of Mighty Corp. "

    Philippine Economy Talk


    ------------------------------------------
    Stay hungry. Stay humble.



    inflation now above BSP target

    i see rate hike this month

    if no rate hike, they still have to do something

  4. Join Date
    Nov 2005
    Posts
    34,818
    #164
    tomorrow we'll see forex reserves data

    that'll give us an idea how much BSP spent to defend the peso from further weakness

  5. Join Date
    Nov 2005
    Posts
    34,818
    #165
    thanks B for this chart

    it shows Jan & Feb foreign fund flows in 7 Asian stock markets





    Inflow into PH in January was responsible for PSEI 9000

    --

    Compared to other Asian stock markets, inflow into PH was quite pathetic

    --

    in Feb, US 10Y yield broke above 2.7% which i thought was a big deal

    (as US yields rise, there's less incentive for funds to chase yield abroad)

    that's when foreign funds cashed in their chips
    Last edited by uls; March 6th, 2018 at 07:26 PM.

  6. Join Date
    Nov 2005
    Posts
    34,818
    #166
    BSP rate hike should support the peso

    but...

    with concern over a global trade war

    the BSP could stay on hold

    which is why despite a very weak dollar

    USDPHP is 52 now

  7. Join Date
    Jan 2003
    Posts
    2,407
    #167
    Quote Originally Posted by uls View Post
    BSP rate hike should support the peso

    but...

    with concern over a global trade war

    the BSP could stay on hold

    which is why despite a very weak dollar

    USDPHP is 52 now
    But for how long? I am worried about their stance.

  8. Join Date
    Feb 2008
    Posts
    10,760
    #168
    I am getting substantial returns from the USD. I like this president already.

    I wonder how the importers are preparing for their next payment tranche. Are they hedging?

    Good luck.

    Sent from my SM-N950F using Tapatalk

  9. Join Date
    Nov 2005
    Posts
    34,818
    #169
    Quote Originally Posted by A121 View Post
    But for how long? I am worried about their stance.
    i think they should move this month with inflation already above target

    but i'm thinking they're cautious

    they're thinking this rising inflation is temporary and will fall back within range

    they'll probably wait for another inflation report for confirmation

  10. Join Date
    Jul 2008
    Posts
    5,993
    #170
    Quote Originally Posted by dreamur View Post
    I am getting substantial returns from the USD. I like this president already.

    I wonder how the importers are preparing for their next payment tranche. Are they hedging?

    Good luck.

    Sent from my SM-N950F using Tapatalk
    Manlibre ka naman sa aming mga Php earners bro. My friend who's earning in SGD is also raking it in. PHP 39.54/SGD. When he started IIRC it was PHP 32.xx/SGD. Whew! Inflation, here we come.

Tags for this Thread

Philippine Economy Talk