Philippine Economy Talk

[uls]

but there's nothing much the central bank can do we're importing inflation -- suppliers abroad raised their prices

[glenn_duke]

our central bank is stuck

cannot raise interest rates to fight inflation coz they need to keep rates low to support the economy

Active na lending ng mga banko, dami ng offer.

[papi smith]

Active na lending ng mga banko, dami ng offer.

Details please [emoji3526]

[glenn_duke]

Details please [emoji3526]

Pre approved loans, from personnal to car loans.
Interestingly, travel life insurance lang kinuha ko sa mga banko na ito last year.

[papi smith]

Baka sau lang, ang banks nagpapautang yan sa mga hindi kailangan mangutang.

[travajante]

Tesda ‘miracle’: P4 billion spent in 13 days | Inquirer News

Sent from my SM-G970F using Tapatalk

[dr. d]

Tesda ‘miracle’: P4 billion spent in 13 days | Inquirer News

Sent from my SM-G970F using Tapatalk

another mother of all corruption?
ang dami namang nanay si corruption.
heh heh.

[uls]

gov't agencies need to spend their budget if not their next budget will be smaller

"di niyo pala kailangan ng ganyan kalaki budget di niyo naman nagagastos"

kaya ayun nagmadali gastusin

-

like "bakit niyo sinira ung kalye di naman sira"

"eh kailangan mag isip ng pwede gastusan dami namin pera"

[Ry_Tower]

another mother of all corruption?
ang dami namang nanay si corruption.
heh heh.

Unused funds are reverted back to the Treasury and next year's budget would be put in question talaga. Magic yang P4B mawala in 2 weeks. hehe. Ghost projects.

[uls]

good am

[boybi]

good am

will this trend continue into the end of the year?

[uls]

will this trend continue into the end of the year?

hmm... i think it will

on the US side -- if the Fed doesn't change course (they plan to taper asset purchases -- tighter monetary policy supports the dollar)

on the PH side -- as long as the economy continues to recover, imports will pick up (more imports = more demand for $$$)

-

if bangko sentral raise interest rates to fight inflation it can put the brakes on PHP slide

pero BSP can't raise interest rates while the economy is weak it will kill the recovery

dunno if BSP will intervene in the forex market (by selling dollars) if PHP weakens further

many moving parts

[uls]

everyone's going into the logistics business

[baludoy]

malampaya share sale transaction headed by the doe and dennis uy's udenna corp put in dubious light


Cusi, Dennis Uy face graft raps for Malampaya share sale to Udenna

[Monseratto]

[uls]

Now he buys businesses

https://bilyonaryo.com/2021/11/15/in...ed-drug-chain/

MerryMart Consumer Corp., led by bilyonaryo Injap Sia II, has signed an agreement to take over Cecile’s Pharmacy, the biggest drugstore chain in Zamboanga, as part of its goal to build a network of 1,200 outlets by 2030.

Under the deal, MerryMart will acquire at least 51% of Cecile’s Pharmacy, which has 21 strategically located branches and over 300 employees.

In a disclosure to the stock exchange, MerryMart said the current management team of Cecile’s Pharmacy would continue to run the operations of the 57-year old drugstore company in tandem with the MerryMart team.

The new deal follows the completion of MerryMart’s purchase of a 67 percent stake in Carlos SuperDrug, the largest pharmacy chain in Quezon provice.

“There are only very few drug store chains in the Philippines that has been operational for decades and still remain to be the market leader and the top-of-mind brand in their respective market region. Cecile’s Pharmacy chain is one of that select group that stood the test of time and we believe this acquisition will add great value to the MERRYMART Group’s ecosystem,” said Sia,chairman of MerryMart.

[thearsenal1205]

Now he buys businesses

https://bilyonaryo.com/2021/11/15/in...ed-drug-chain/

ang nagpayaman kay injap diba is tony tan caktiong?

[shadow]

ang nagpayaman kay injap diba is tony tan caktiong?

Mayaman na sila dati, mas yumaman lang dahil binili yun mang inasal.


Sent from my iPhone using Tapatalk

[uls]

yes naging bilyonaryo siya when jollibee bought mang inasal

ngayon siya na ang bumibili ng businesses ng iba

[shadow]

yes naging bilyonaryo siya when jollibee bought mang inasal

ngayon siya na ang bumibili ng businesses ng iba

Pero mayaman na pamilya niya uls mas yumaman lang talaga after mabili mang inasal.


Sent from my iPhone using Tapatalk