Philippine Economy Talk

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Malakas ba PHP? O sobrang hina lang ng USD?

Huling bili ko 48.04

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[uls]

mahina dollar dahil sa pananaw magiging play money ang dollar dahil sa utang ng US gov't --> US central bank printing money to fund the gov't

(which is a reason why $$$ flowing to crypto and commodities)

malakas ang PHP dahil sa malaking $$$ reserves ng Pinas

[uls]

negative parin

[Monseratto]

[Athrunzala]

Good for China, Vietnam and Singapore. That is what happens when you can control your runaway media

[baludoy]

Some Welcome reprieve



House OKs bill requiring ISPs to roll over data allocation | Inquirer News



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

[Monseratto]

[Monseratto]

World Bank turns gloomier as Philippines' virus fight returns to square one | Philstar.com

From its old forecast of 5.5% in March, the Washington-based lender now projects the economy to grow 4.7% this year based on the revised version of its “Philippines Economic Update” report released Tuesday. Last year, the economy shrank a record 9.6% year-on-year.

If realized, the bleaker projection would fall below the Duterte administration’s watered-down target of 6-7% for 2021. To make matters worse, the lender said elevated inflation driven by food supply problems has also emerged as a “key challenge” for the economy. A new World Bank poll found two in five Filipino families were worried about food and healthcare access due to lack of income.

“The resurgence of COVID-19 cases and reimposition of more stringent quarantine measures held back the early signs of an economic rebound,” the Bank said in its report.

[dreamur]

World Bank turns gloomier as Philippines' virus fight returns to square one | Philstar.com

Too early to ramp up the economy. Filipino voters have short term memory so let's wait for Christmas and New Year events when C19 is "contained" and inflation is "tamed".

[baludoy]

And now the end is near & so i face the final curtain...[emoji443][emoji445]




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[papi smith]

And now the end is near & so i face the final curtain...[emoji443][emoji445]




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Matagal na rin hindi nagkikita ang mga magkaka classmates [emoji16]

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[_Cathy_]

And now the end is near & so i face the final curtain...[emoji443][emoji445]




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baka mas malaki pa kita nila sa facebook, tiktok or onlyfans :P At least there 100% kanila ang kita nila

[Monseratto]

Not sure LT can service PAL's debt...

Disclaimer of opinion: PSE suspends trading of PAL because SGV unsure if Lucio Tan can rescue airline from bankruptcy, pandemic

SGV said it was able to obtain sufficient appropriate audit evidence to provide a basis for an audit opinion on PAL’s consolidated financial statement last year due to its worsening financial situation – cash drying up due to the suspension of operations and limited flights and inability to get additional financing to pay its P184 billion loans and aircraft lease.

SGV cited the uncertainty over the impact of the lingering COVID-19 pandemic on its revenues and cash flows and no finality on its plan to seek a “pre-negotiated, court-rehabilitation” bailout plan (PAL is reportedly planning to file Chapter 11 bankruptcy protection in the United States)

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[shadow]

Not sure LT can service PAL's debt...

Disclaimer of opinion: PSE suspends trading of PAL because SGV unsure if Lucio Tan can rescue airline from bankruptcy, pandemic



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He's only throwing away money trying to save PAL.

Bitawan na niya yan.


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[Deestone]

Not sure LT can service PAL's debt...

Disclaimer of opinion: PSE suspends trading of PAL because SGV unsure if Lucio Tan can rescue airline from bankruptcy, pandemic



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We kept seeing news about PAL but what about Gokongwei's airline business are they not doing badly compared to PAL?

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[Deestone]

And now the end is near & so i face the final curtain...[emoji443][emoji445]




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Are they still open now? I thought they already closed since the pandemic started last year.

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[uls]

We kept seeing news about PAL but what about Gokongwei's airline business are they not doing badly compared to PAL?

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malaki din lugi nila dahil sa pandemic pero pumasok sila sa pandemic with a strong balance sheet

PAL laki utang

[c_cube]

Bakit pababa PHP ngayon? Ilan araw ng sunod sunod pagbaba, alok ng bangko ko

Jun 10 - 47.71
Jun 22 - 48.70

Piso in a week [emoji15]

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[uls]

Bakit pababa PHP ngayon? Ilan araw ng sunod sunod pagbaba, alok ng bangko ko

Jun 10 - 47.71
Jun 22 - 48.70

Piso in a week [emoji15]

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dollar index

boom

[c_cube]

dollar index

boom

Uls, please explain to us, mortals [emoji23]

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