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  1. Join Date
    Nov 2005
    Posts
    34,875
    #2961
    yes comparing profit made in first half 2019 and first half 2020

    malaki binaba

  2. Join Date
    Sep 2003
    Posts
    21,876
    #2962
    What foreign money think of DU30s COVID responses... 2 weeks economies and world's longest lockdown won't hack it.

    Pandemic woes continue to push hot money out of PH markets | Inquirer Business

    “This was larger compared to the $706 million net outflows noted for the same period last year brought about by uncertainties due, among others, to the impact of the COVID-19 pandemic to the global economy and financial system, and other key events earlier in the year such as the geopolitical and trade tensions, and corporate governance issues involving the water concessionaires,” the BSP said.

    Meanwhile, year-to-date transactions for all investments — Philippine Stock Exchange-listed securities, peso-denominated government securities and other investments — resulted in net outflows.

    For July 2020 alone, BSP-registered foreign portfolio investments yielded net outflows of $453 million resulting from the $1.2 billion gross outflows and $719 million gross inflows for the month.

    This was larger than the recorded net outflows of $235 million in June.
    Last edited by Monseratto; August 27th, 2020 at 05:56 PM.

  3. Join Date
    Sep 2003
    Posts
    21,876
    #2963
    Another industry that remained "essential" during the lockdown...

    More Pinoys paying off pawnshop loans to redeem valuables during pandemic, BSP says | Inquirer Business

    Based on the BSP’s daily surveillance report, 68 percent of pawnshop offices operated during the Enhance Community Quarantine period. These increased to almost 80 percent once the lockdown was relaxed.

    Eighty-two percent of the industry provided corollary services to the public as of end-July 2020. These include processing of domestic and international remittances, money changing, bills payment, e-loading, collection, corporate disbursement pay-out, and distribution of microinsurance.

    Banks and e-money issuers also tap pawnshops as cash agents in areas that cannot be reached by the banks’ or e-money firms’ own networks.

    Pawnshops with money transfer services are also tapped in the distribution of the government’s financial assistance for COVID-19 beneficiaries, such as the Department of Labor and Employment’s Social Amelioration Program and COVID-19 Adjustment Measures Program, the Social Security System’s Small Business Wage Subsidy, and the Department of Agriculture’s Rice Farmers Financial Assistance, with a minimal cash out fee of two percent per transaction.

  4. Join Date
    Nov 2005
    Posts
    34,875
    #2964
    Quote Originally Posted by Monseratto View Post
    yun nga ung observation noong lockdown madami nakapila sa mga pawnshop

    some theorized it's people pawning jewelry and stuff but i believed it wasn't for that purpose



    pawnshops are now kinda lang banks to the masses

    -

    nakapila mga tao to get remittances and ayuda

    Pawnshops are providing financial services to the masses

    Cebuana even has microsavings



    50 pesos lang initial deposit and 1 ID lang needed
    Last edited by uls; August 27th, 2020 at 07:11 PM.

  5. Join Date
    Sep 2003
    Posts
    21,876
    #2965
    Good bye POGOs, whether Du30 wants to or not... Ayan, bawal na mga TDKs sa pinas.

    Southeast Asian nations in firing line as China reveals “blacklist” of overseas casino tourism destinations - IAG


    According to a statement issued early Wednesday, the new blacklist system for cross-border gambling tourist destinations, devised in conjunction with other departments, will see travel restrictions imposed on Chinese citizens going to overseas cities and scenic spots named on the blacklist.

    While there was no detail provided on exactly which countries appear on the blacklist, investment bank JP Morgan analysts has suggested China is likely pointing to emerging Southeast Asian gaming destinations such as the Philippines, Cambodia and Vietnam, and potentially Australia.

    The Philippines and Cambodia have both been in China’s crosshairs in recent times, with Cambodia agreeing to shut down its regulated online gaming industry late last year and the Philippines rejecting similar overtones regarding its POGOs.

  6. Join Date
    Nov 2009
    Posts
    3,053
    #2966
    ^Australia nag start yan crackdown since last year or2 after uncovering China money laundering from drugs and trafficking in the guise of casino.
    Kaya kahit dito sa pinas madami gang wars ng chinamen.

  7. Join Date
    Nov 2005
    Posts
    34,875
    #2967
    Catholic Educational Association of the Philippines (CEAP)

    director says:

    We are all in difficult position, we have to prioritize, and sacrifice some elements of curriculum so we can continue operating; DepEd has already reduced learning competencies From 10-11k to just 4K
    *ANCALERTS
    Education sector seeing economic problem- parents aren't working, lost their jobs, including OFWs - so they can't send their kids to school; our network of +1,500 schools normally have 2M students, enrollment down 30% today *ANCALERTS
    Our schools are trying to survive this crisis, we have lowered tuition, and let go of some staff just to stay a float; our network of private schools ready for blended online learning, we were surprised why DepEd moved opening date again *ANCALERTS

    so that's the situation in private schools

  8. Join Date
    Oct 2002
    Posts
    34,080
    #2968

  9. Join Date
    Nov 2005
    Posts
    34,875
    #2969
    kaya employees who think their jobs are safe... dahil mataas ang position nila... di sila ung lowly no-work-no-pay employee...

    if the company you're working for is losing money and the situation is unlikely to improve anytime soon...

    aabutin din sila

  10. Join Date
    Oct 2017
    Posts
    3,219
    #2970
    Quote Originally Posted by uls View Post
    kaya employees who think their jobs are safe... dahil mataas ang position nila... di sila ung lowly no-work-no-pay employee...

    if the company you're working for is losing money and the situation is unlikely to improve anytime soon...

    aabutin din sila
    Essential posts lang matitira. signatories, deputy heads and the likes.

    Hire me uls.

    Sent from my SM-N960F using Tapatalk

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Philippine Economy Talk