Philippine Economy Talk

[joaquim]

di ko talga kumbakit takot na takot kayo tumaas ang rice, hinde nyo ba alam kaya bilog ang muka nyo sa selfie saka sa facebook is because or rice, saka yun bilbil sa likod na tummy nyo kaya kahit payat binti nyo, parang ang taba ng feeling nyo pag nag-sinturon kayo

saka yan ang cause ng late age diabetes, coz rice are carbs. carbs if it says too long in your body, specfically fat carbs na yan na nga nagpapabilog ng pisngi at bilbil nyo sa liko, that contributes to higher blood sugar, and therefore diabetes

wag na kayo kumain ng rice, kung may beefsteak na ulam, gawin nyo na lang soup yun sabaw, tapos yun beefsteak, eh di steak di yun para nakayo ng protein diet or keto. o diba?

rice lang i-blame pa sa Presidente. anong klaseng mamamayan ba tayo. mga merkano at European nga siguro mapapakamot ulo, nagkakagulo sa Pilipinas kasi walang rice lol last May nga sa Europe sa isang buwan stay ko dun, ang lamig pa, parang dalwang beses lang ako nag-rice, isa sa chinese restaurant at isa sa halal resto na pinapatakbo ng syrian refugee sa Munich

nabuhay naman ako, what gives? what's big deal about rice?

Rice at asin/toyo/asukal ay mabubusog na ang maraming pilipino.
Pinaka murang pagkain na nakakabusog.

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[dontwastemytime]

The only way the Philippines is going to be rich is if the Philippines destroys America.

[WallyWest]

The only way the Philippines is going to be rich is if the Philippines destroys America.

k

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[threx666]

The only way the Philippines is going to be rich is if the Philippines destroys America.

^' tado

lapit na katapusan kailangan makaquota?

[justansweritplz]

I believe that the Philippines can become rich.

[uls]

Jollibee to buy

[baludoy]

imf slashes growth forecast anew; slowest in 8 years

IMF says PH economy to grow by just 5.7% this year

[Monseratto]

Coming soon to your wallet...hopefully

[minicarph]

Ssaka etocpa pala Airpods Pro $249

[2lits17]

bet ko sana etong Airpods kaso ang mahal na sobra. kinsemil sa isang maliit na earphones... hinde bale kung mga headphones na malalaki.

[mrjoshua]

The Philippines can become a first world country if it build stronger ties with China.

[dreamur]

The Philippines can become a first world country if it build stronger ties with China.

Where have you been hiding? Didnt you hear the house speaker (kayatano) saying we are already like Singapore? [emoji2935][emoji109][emoji2936]

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[mrkenneth]

The Philippines will not be poor forever, Filipinos just need to work hard and be patient.

[baludoy]

w/ the covid 19 plague as its backdrop, a japanese inkslinger writes a stinging rebuke to the claims and gains of the gov't

In June 2016, Duterte took over the presidency from Benigno Aquino, who had spent the previous six years repairing the national balance sheet. Aquino's success going after tax cheats, bringing accountability to government institutions and increasing transparency won Manila foreign investment and its first-ever investment-grade ratings.

Duterte was elected to turbocharge the reform process.

His 22 years running Davao City in the south accorded him folk-hero status. Mostly, though, he rested on Aquino's laurels. Instead of building up the economy, he launched a bloody war against the drug trade. Thanks to the average 6% growth in gross domestic product Aquino bequeathed him, Duterte figured the economy was already sorted.

But now inertia is no longer an option as consumption plunges, factory output slides and many of the pillars of growth Manila took for granted go wobbly, chief among them remittances. The cash that about 2 million Filipinos send home from Hong Kong, Dubai and cruise ships around the globe accounts for at least 10% of GDP. That cash is now in short supply as those jobs disappear. The same goes for tourism, which accounts for 25% of GDP.

read more -> Duterte cannot build his way out of Philippines' economic troubles -
Nikkei Asian Review

[madshizuo]

Philippine economy is not as good.

[Monseratto]

JUST IN: Philippine employment rate for July 2019 at 94.6%.
Number of employed persons: 42.95 million.

Unemployment rate at 5.4%.
Number of unemployed persons rise by 4.4%, equivalent to 2.43 million people.

Inflation continues downtrend at 1.7% in August 219

MANILA, Philippines – Prices rose at a much slower pace of 1.7% in August, the Philippine Statistics Authority announced on Thursday, September 5.

The latest figure is lower than the 2.4% inflation rate in July, and is the lowest since October 2016, when the inflation rate was 1.8%.

It is also lower than the government's target range of 2% to 4%

[uls]

BSP rate cut

[Mask Rider Blac]

https://www.facebook.com/share/19s3xJJLSd/

[CVT]

I noticed that prices of a number of goods in the supermarket increase by at least 8%.

If my delivery truck traveled 200km and at 8km per liter of diesel fuel, I would have consumed 25 liters of fuel.

This means that increase in transport cost is P75 only.

If the truck carried 5000 can goods, original price was P25 now P27, so increase in price of P2 x 5000 = P10,000

That was basically the greed per truckload whether manufacturer, distributor or supermarket.

Deym! So much greed here...



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[Gumusut_Amige]

I noticed that prices of a number of goods in the supermarket increase by at least 8%.

If my delivery truck traveled 200km and at 8km per liter of diesel fuel, I would have consumed 25 liters of fuel.

This means that increase in transport cost is P75 only.

If the truck carried 5000 can goods, original price was P25 now P27, so increase in price of P2 x 5000 = P10,000

That was basically the greed per truckload whether manufacturer, distributor or supermarket.

Deym! So much greed here...



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daming ganyan bro... lagi kong sinasabi sa Baguio noon bakit halos nasa 7-8 pesos ang price diff. ng gas at diesel kumpara sa La Union. iisa lang naman ang source na kinukuhanan nila, sa poro point depot.
usually ang gamit ay 20,000 liters per tanker * 120 km (round trip). nahihirapan sila sa 40k liters /tanker.
kung 2 pesos per liter ang freight charge < so total freight charge is 40,000 pesos per tanker. may tubo na sila dyan kung sarili nila ang tanker>. saan nila kinuha ang additional 5-6 pesos... yes, too much greed indeed.