Philippine Economy Talk

[uls]

definitely

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[Trippin]

Ok lang yan basta hindi LP nakaupo

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Aray kupooo!! Hahaha

[Ketib]

actually namumurahan pa ako sa 46 per diesel kasi yun rent a car sa europe pumapatak P91 / liter sa conversion and I ran almost like 5000Km from amstermdam to germany to austria to budapest, prague back to germany and amsterdam lol. so how much I spent, 100K sa fuel lol. pero ok lang kasi pag nag-euro rail ako mas matinde yan

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so what's my take on this, if people on the other side of the world are used to P91 / liter fuel, then our government is boasting economic growth then dun na patungo talaga ang fuel cost, maybe it will normalize at P75/liter.

Okay lang yan kung kaparehas din tayo kita ng mga taga Europe, e kaso hindi e. Pagtabihin mo engr from Europe at engr na Pinoy in terms of salary bracket, milya milya ng difference.

[minicarph]

yep

train law meets global inflation

yan ang nangyari sa PH

kaya nga ako last November nag MUX na lang dahil alam ko talaga na ang fuel papalo ng more than P50 and I believe it will stay there for a year or so.

parang financial crisis 2008, diba nga inabutan tayo nuon dito sa tsikot noon time na yun, takot tayo lahat kasi parang walang humpay ang pagtaas ng fuel. then other tsikoteers sold all there expeds, f150s, explorers, bmws panic sell lahat.

malamang ngaun na-experience ng henerasyon na ito, lahat makukuryente na bumile pa ng crv, rav4, cx5, subarus. dami kasi mga bata gusto speed eh, eh di ngaun pano mo pa pagmalaki subaru mo now that mag P65 na gas. mayabang nga car mo, commute ka naman

eto *uls ang kinatatakot, everytime tumataas ang fuel ng ganyan, some industry is bound to fall. in 2008 it was the subprime housing sector.

ako sa tingen it will be an area in technology, a lot of people will get laid off. is it call center, or outsourcing? pede, tsk tsk


pero alam mo uls I think ang babagsak is the transpo sector, those people who invested their money on cars, cars for uber, cars for uv express etc etc. I think they will go down. the P2P will flourish and of course the upcoming light rail sa bgc


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[ray_noel]

kaya nga ako last November nag MUX na lang dahil alam ko talaga na ang fuel papalo ng more than P50 and I believe it will stay there for a year or so.

parang financial crisis 2008, diba nga inabutan tayo nuon dito sa tsikot noon time na yun, takot tayo lahat kasi parang walang humpay ang pagtaas ng fuel. then other tsikoteers sold all there expeds, f150s, explorers, bmws panic sell lahat.

malamang ngaun na-experience ng henerasyon na ito, lahat makukuryente na bumile pa ng crv, rav4, cx5, subarus. dami kasi mga bata gusto speed eh, eh di ngaun pano mo pa pagmalaki subaru mo now that mag P65 na gas. mayabang nga car mo, commute ka naman

eto *uls ang kinatatakot, everytime tumataas ang fuel ng ganyan, some industry is bound to fall. in 2008 it was the subprime housing sector.

ako sa tingen it will be an area in technology, a lot of people will get laid off. is it call center, or outsourcing? pede, tsk tsk


pero alam mo uls I think ang babagsak is the transpo sector, those people who invested their money on cars, cars for uber, cars for uv express etc etc. I think they will go down. the P2P will flourish and of course the upcoming light rail sa bgc


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I doubt if matatamaan ang technology... mataas naman palitan ng dolyar and dolyar ang income nila... also, mura i.t sa pinas compared sa labas... one of the ceo shared his view sa lay-off nung 2008, he said it should be the timing of holding the employees and not letting go kasi the u.s market that time naghahanap ng mas mura na sasalo sa i.t nila which is either india or philippines pano pag may demand eh ni release mo yung tao mo, kaya eventually after a year kinuha ulit yung na laid off...


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[Ry_Tower]

I know you want the best for the economy. But really?!, a nuclear power plant in a red zone place like Sulu? There is something wrong with this on so many levels. Sana huwag niyo na ituloy pag-planning dyan, hanap kayo ibang lugar kung gusto niyo sana.

And never forget the brilliant Bataan nuclear fiasco.

PH considering nuclear energy plant in Sulu >> Manila Bulletin News

[baludoy]

^ Dapat gawin ay iyong german model & concentrate on renewable energy. They had a surplus of it that they had to pay their customers to consume the darn thing






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[uls]

inflation data for May will come out June 6

could be around 5%

[jut703]

4.6% inflation rate is below forecast, so that's a sign of hope.

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[Monseratto]

Philippine inflation spikes at 4.6% in May 218

[Ry_Tower]

4.6% inflation rate is below forecast, so that's a sign of hope.

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Kaso ito ang nakaumang ngayong June.

High sugar prices hit local biscuits, snack producers; imports sought >> Manila Bulletin Business

[uls]

check out these 2 headlines

a nice sounding headline from abs-cbn and a bad sounding headline from rappler (of course always negative spin from rappler)

[uls]

so now inflation isn't rising as fast as expected

another rate hike from BSP in unlikely this month (June 21)

BSP too cautious it might kill growth

they prefer growth and inflation running hot

than slower growth with lower inflation

[uls]

BSP Governor Nestor Espenilla Jr. said that though inflation hit the lower end of their forecast, outlook continues to be a concern & requires close attention.

which means they're not going to do anything this month and wait for more data

[dreamur]

There...i bet some entrepreneurial tsikoteers will attend this expo in Shanghai.

Homegrown companies urged to tap 1.4-B Chinese market in upcoming import expo | BusinessMirror

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[dreamur]

No wonder a lot of tsikoteers are Class A/B :D

Can a family of 5 survive on P1, a month? NEDA shows how | Money | GMA News Online

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[Ry_Tower]

No wonder a lot of tsikoteers are Class A/B :D

Can a family of 5 survive on P1, a month? NEDA shows how | Money | GMA News Online

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Hypothetical naman pala.

P10K sa 2nd or 3rd class province pwede pa siguro. Pero sa 1st class province, good luck. Rent pa lang eh. Tapos what if nag-aaral na mga bata.

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[2lits17]

ang mura naman pala ng cost of living sa pilipinas. is NEDA really doing their job? are they trying to supress something? or baka sa hotel din naka tira si USEC at charge lahat sa agency expenses niya kaya hinde niya alam real scenario. tapak naman sila sa lupa minsan.

P3,834 is enough to feed the same family of five for 30 days. << this is very funny. araw araw asin at kamote siguro ulam ng pamilya, pag linggo instant noodles mejo bongga.

[Yatta]

[dr. d]

it was already explained, that the 10K figure was used, for ease of computation.
the explain-er said that it was not meant that a family can live fine on 10K a month.

btw, disposable diapers are really expensive.
bird-s eye, washed after every use, is really cheaper, albeit more hassle.