Philippine Economy Talk

[uls]

stocks

decline lead by banks (of course sila ung di binabayaran pag walang income mga nangutang)

[Ry_Tower]

Hay naku mga lawmakers natin, sa kakahanap ng butas sa ABS-CBN nababalingan tuloy SPV at FIST laws.

Madali lang kasi magsalit in hindsight, with the benefit of looking in the past. But during times of crisis, sometimes the best decision is not the perfect decision.

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[uls]

dalhin ko dito

Nov 2, Dec 24 and Dec 31 are now special, working days!

para sa economy yan

para maka bawi

i've heard foreigners complain that PH has too many holidays

like those foreign owned manufacturing plants in special economic zones (exporters)

dahil sa dami ng holiday nadedelay ang production / delivery nila

siguro narinig niyo narin ang ganyan complaint

sana huwag puro kneejerk reaction... dahil galit sa gobyerno

[uls]

Wr do have too.many holidays indeed. Pinakamarami ata sa SEA. Isa pa yan sa ayaw ng investor's.

Not just PDuts but past President's din may mali dyan. We should limit holiday's na dapat.

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ayun


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[Deestone]

If your talking about holiday just look at china their chinese new year equates to 1 or maybe 2 weeks worth of vacation and here we only have 1 day vacation during chinese new year.

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[Ry_Tower]

If your talking about holiday just look at china their chinese new year equates to 1 or maybe 2 weeks worth of vacation and here we only have 1 day vacation during chinese new year.

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We have 14 official holidays kasi tapos ilang pang local holidays (City foundation day for example) and special non-working holidays with 30% salary or wage increase around 20-22 days yan.

Pero interesingly Malaysia 50 holidays pero investor friendly sila, most probably other factors din talaga. Pero I for one don't want to add another official holiday. Unless super important event.

[uls]

Pilipinas are you ready for higher prices?



if you're a manufacturer, you're seeing your input cost rise

if you're an importer, your suppliers are raising prices

what do you do?

of course you can raise prices

but can you do that without losing customers?

do your customers have financial capacity to absorb higher prices?

-

Other economies are recovering

their consumers can absorb higher prices



how about you Philippines?

[dreamur]

Totoo!

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Deym, condolence bai. Malapit na rin makukulong ang master mind ng kill, kill, kill.

[Monseratto]

Stagflation continues...

[uls]

Stagflation continues...

normally kasi when your economy is weak you'd have downward price pressure (disinflation / deflation)

when consumer demand is weak, mahina ang sales ng businesses so they'll lower prices para magkaroon ng benta

that's deflationary... it's good for consumers but bad coz the economy as a whole coz it means less money going around

when businesses lower prices they see profit margin drop or break even or even lose money

di magtatagal they'll lay off workers and close

in a deflationary environment, consumers may even hold back spending waiting for prices to fall further

-

PERO ITONG NANGYAYARI SA PINAS IBA

mahina ang economy but prices are rising

kaya STAGFLATION

stagnant economy with rising prices

[uls]

pero hindi daw stagflation

article from a month ago:

[baludoy]

Start na pala today ang operations ng dito telecoms sa select visayas & Mindanao hubs.

do what you gotta do so you can do what you wanna do

[uls]

put money in people's pockets

something i've been saying since LAST YEAR

[ice15]

sad state of the Philippine economy (pre-Covid) compared to our neighbors.

Philippines Faces Staggering Road to Recovery as Southeast Asia’s Most Tourism-Dependent Destination | Skift

The country, despite being one of the earliest tourism players in the region and blessed with beautiful beaches and unique culture, has never managed to rub shoulders with neighbors that have grown arrivals to massive levels. Top on the list is Thailand, with 40 million arrivals in 2019, followed by Malaysia with 26 million and Singapore, 19 million. But the Philippines drew just eight million arrivals while Vietnam, a relative newcomer, passed the 18 millionth visitor mark.

Tourism accounts for a quarter of its gross domestic product (GDP), compared with 20 percent for Thailand and 6 percent for Indonesia, according to tourism consultancy Pear Anderson.

[Monseratto]

Official rate... not including all those OFWs who have returned.

[baludoy]

A bit of good news naman

Cebu made ferry for denmark set to be delivered


Philippine-made high-speed ferry sails for Denmark | Philstar.com

do what you gotta do so you can do what you wanna do

[Ry_Tower]

A bit of good news naman

Cebu made ferry for denmark set to be delivered


Philippine-made high-speed ferry sails for Denmark | Philstar.com

do what you gotta do so you can do what you wanna do

Sadly more bad news.

Philippines economic outlook worsens | Philstar.com

[uls]

talaga mag worsen ang outlook niyan

kahit di full lockdown, ung movement restriction palang will have an impact on economic activity

[Ry_Tower]

talaga mag worsen ang outlook niyan

kahit di full lockdown, ung movement restriction palang will have an impact on economic activity

Less spending talaga. Lakas kaya gumastos ng kabataan, both on needs and wants.

[baludoy]

dennis uy on a divesting spree


Dennis Uy open to selling other stakes in companies | Philstar.com