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  1. Join Date
    Oct 2002
    Posts
    19,512
    #2551
    Quote Originally Posted by uls View Post
    naalala ko some weeks before march 15 lockdown sinasabi ng chamber of commerce malaki ang hinina ng mga resto
    At least 20% na binagsak ng sales namin nung Feb palang. Laki nabawas sa foot traffic sa mga malls nung Feb.
    Signature

  2. Join Date
    Nov 2005
    Posts
    34,815
    #2552
    yup yun nga naalala ko kahit before lockdown may takot na mga tao

    madami nag voluntary stay at home na kahit walang pa order ng gobyerno

  3. Join Date
    Jul 2008
    Posts
    5,993
    #2553
    Is the government spending the loans they got for covid already? Part of it should be earmarked for SMEs, specially in the service, food and beverage sector.

  4. Join Date
    Nov 2005
    Posts
    34,815
    #2554
    parang wala pa ung sinasabi nila economic stimulus

  5. Join Date
    Oct 2002
    Posts
    34,040
    #2555
    Hinde pa alam saan kukunin.


    Sent from my iPhone using Tapatalk

  6. Join Date
    Sep 2003
    Posts
    21,866
    #2556

  7. Join Date
    Sep 2003
    Posts
    21,866
    #2557
    Marami pa rin magsasara by the end of the year...

    PCCI warns businesses face permanent closure if lockdowns continue | BusinessWorld


    If it reverts back to an ECQ, only a select number of essential industries will be allowed to operate and restrictions on the movement of people will once again be imposed.

    “Business closures mean a drop in taxes and budgetary income, putting at risk the sustainability of public finances and the ability to fund public services, including health and education,” Mr. Yujuico said.

    PCCI said 800 member hotels and tourism businesses in Palawan have closed, while over 8,000 businesses, mostly in the garments industry, in Taytay, Rizal have shut down.

    In Metro Manila, more establishments can now operate and at higher capacities. Dine-in at restaurants, barbershops, and salons can have up to 50% capacity in areas under GCQ.

    However, Mr. Yujuico said the limited allowable operations translate into losses for companies that would rather close.

    Fifty percent is not enough to pay the rent, utilities and employees; you cannot tell a manufacturing company to operate at below capacity and still require it to provide accommodation and/or shuttle services for its workers; and, you cannot open businesses, even at phases, without allowing public transportation,” he said.
    Last edited by Monseratto; July 23rd, 2020 at 08:44 PM.

  8. Join Date
    Nov 2005
    Posts
    34,815
    #2558
    March:

    why is uls so concerned about the economy?

  9. Join Date
    Mar 2008
    Posts
    37,958
    #2559
    Quote Originally Posted by uls View Post
    March:

    why is uls so concerned about the economy?
    ...because uls is a businessman?

    by the same token,
    i'll be concerned about health.

  10. Join Date
    Mar 2008
    Posts
    37,958
    #2560
    Quote Originally Posted by uls View Post
    from the looks of it i think kowloon can survive better than shangrila
    maraming take-out business siguro ang kowloon.
    marami kasing pagod nang mag-luto pagdating sa bahay.

    yung hole-in-the-wall outlet nila sa SShway corner vito cruz, puro take-out.
    Last edited by dr. d; July 23rd, 2020 at 08:24 PM.

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Philippine Economy Talk