Philippine Economy Talk

[minicarph]

I admit I have not watched the full coverage when NEDA made the presentation but I believe it was not clearly disclosed at the outset that the P10K budget was a hypothetical case. What leaves an impression on the mind of the reporters washow the P10K was being distributed to the various living expenses, and the rest is history. It is a good thing that the son clarified the data. Obviously, he is smart and could have shared a point or 2 with his mom prior to the press coverage.

In my personal view, NEDA should have been more circumspect when presenting data as facts and should explain clearly the analytics. Case in point, they made a statement that Philippines can become a middle income country by end of 2019 because of the build3X program. As to how filipinos will reach to that bracket remains a mystery.

Philippines can be upper middle-income nation by 2019 ? NEDA | Philstar.com

I can answer this mystery dream as I drove in the autobahn germany. It dawned to me, Pero hinde ko muna sasabihen sa inyo kas I'm a patriot . I know where our country is heading with our great leader

[dreamur]

I can answer this mystery dream as I drove in the autobahn germany. It dawned to me, Pero hinde ko muna sasabihen sa inyo kas I'm a patriot . I know where our country is heading with our great leader

And you are trying to be mysterious too OB. If I know, nag google ka pa sa sagot.

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[Wh1stl3r]

OB what happened to your jokes? Not your best work bro. Nahawa ka na yata sa Germans na walang humor.

[_Cathy_]

OB what happened to your jokes? Not your best work bro. Nahawa ka na yata sa Germans na walang humor.

oh no. My boss is German and he is one of the funniest guys I know. Not sure though if he is an anomaly. He is very popular with the ladies (German women included) because he is so funny and nice to hang out with

[Wh1stl3r]

oh no. My boss is German and he is one of the funniest guys I know. Not sure though if he is an anomaly. He is very popular with the ladies (German women included) because he is so funny and nice to hang out with

Hehe. Was just wondering why his posts seem off lately. Re: German humor I've only met a few and the joke: "How many Germans does it take to change a light bulb?" applied to all of them. ☺

[minicarph]

OB what happened to your jokes? Not your best work bro. Nahawa ka na yata sa Germans na walang humor.

never naman ako nag-jo-joke , I am a very straightforward person

[uls]

I can answer this mystery dream as I drove in the autobahn germany. It dawned to me, Pero hinde ko muna sasabihen sa inyo kas I'm a patriot . I know where our country is heading with our great leader

madami ka na ba nabiling property sa mga probinsya?

[minicarph]

Hinde naman ako namimili kasi baon ako sa utang. La naman ako pambile pero kasi if you see th news lately like what's happening sa SM Moa area lately and the Chinese influx, Somehow it gives idea what's next

tubo-tubo lang ako uls, tapos gastos na kagad then next opportunity , i just compile potential opportunities . That build program of our great leader hinde pa din makita ng masa eh ewan ko na,

Basra ako anything that will prepare me for my next euro trip, yun lang iniintinde ko coz buhay ako when I study great men of the past

[uls]

......pero kasi if you see the news lately like what's happening sa SM Moa area lately and the Chinese influx, Somehow it gives idea what's next

magiging probinsya tayo ng china hehe

[uls]

[uls]

lots of imports + not so much exports = trade deficit ---> current account deficit ---> pressure on PHP

import prices going up = inflation

[baludoy]

I was surprised to learn sugar was this expensive na pala

Local juice maker halts production >> Manila Bulletin Business

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

[A121]

lots of imports + not so much exports = trade deficit ---> current account deficit ---> pressure on PHP

import prices going up = inflation

BSP turning dovish as well

[uls]

BSP turning dovish as well

totally

after that lower-than-expected May inflation number they're now on wait-and-see mode

sigurado no rate hike this month

you have 1 tiny 25bps rate hike last month but 2 100bps RRR cuts (1 in Feb and 1 last month)

the central bank seems to be more focused on growth rather than inflation

they're not supporting the peso that's why it keeps falling

unlike Indonesia's central bank that raised rates 2 times last month (total 50bps) which halted the rupiah's slide

[uls]

bond investors are demanding higher interest rate from the PH government to compensate for higher inflation

[A121]

totally

after that lower-than-expected May inflation number they're now on wait-and-see mode

sigurado no rate hike this month

you have 1 tiny 25bps rate hike last month but 2 100bps RRR cuts (1 in Feb and 1 last month)

the central bank seems to be more focused on growth rather than inflation

they're not supporting the peso that's why it keeps falling

unlike Indonesia's central bank that raised rates 2 times last month (total 50bps) which halted the rupiah's slide

Yaaaas.

[2lits17]

fearless forecast.... what will be the $ - P exchange rate at the end of the year?

[Ry_Tower]

fearless forecast.... what will be the $ - P exchange rate at the end of the year?

P53.50 imho

[Wh1stl3r]

DBS isn't as optimistic bro.

Peso seen weakening to P54 to $1 by end 2018 | Philstar.com

[Ry_Tower]

DBS isn't as optimistic bro.

Peso seen weakening to P54 to $1 by end 2018 | Philstar.com

Mukhang hindi nila sinama possible effect of Xmas season OFW remittances.

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