Philippine Economy Talk

[shadow]

things that were supposed to happen 5 years in the future are happening now

e-commerce and mobile payment adoption would be slower if it weren't for the pandemic

the pandemic accelerated things

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pansin ko dami na gumagamit ng gcash / paymaya

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don't build more malls

what we need are more warehouses and fulfillment centers

Diba yan na daw ginagawa ng SM, Ayala pati Robinson. Yun mga vacant spaces nila gagawin na fulfillment centers.


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[uls]

residential real estate

people realize it's not healthy to live in overcrowded areas

maybe people will move out of big cities

remote work makes it possible to make a living far from city

internet infrastructure critical

[uls]

Diba yan na daw ginagawa ng SM, Ayala pati Robinson. Yun mga vacant spaces nila gagawin na fulfillment centers.


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yup

no choice eh

[dr. d]

Diba yan na daw ginagawa ng SM, Ayala pati Robinson. Yun mga vacant spaces nila gagawin na fulfillment centers.


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... nice name to call a warehouse/distribution center...

[_Cathy_]

residential real estate

people realize it's not healthy to live in overcrowded areas

maybe people will move out of big cities

remote work makes it possible to make a living far from city

internet infrastructure critical

Yung friends ko from the province living in condos ganyan nga ginawa. Madami sila umuwi sa parents nila sa province meron Laguna, Pangasinan even Baguio. Nakaka lungkot at takot mamuhay magisa during the pandemic kasi. Swerte nila, manila sweldo sa province na cost of living.

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[Monseratto]

UCPB probing P167M bank hack since June | Bilyonaryo

State-owned United Coconut Planters Bank said it has begun a formal investigation of a malware attack that enabled Nigerian hackers to siphon off P167 million sine June.

The hackers were able to access UCPB’s core system in the middle of an online security upgrade.

“UCPB is investigating the incident in close coordination with the NBI and other concerned authorities. Pending completion of the investigation which started mid-June, the bank continues to review and strengthen its IT and security controls,” the bank said in a statement sent to Bilyonaryo.

“The bank would like to assure its stakeholders that clients’ funds were not affected by the incident,” UCPB said, noting that it remains to be a strong and profitable institution with a net income of P2.9 billion in the first half.

[Athrunzala]

things that were supposed to happen 5 years in the future are happening now

e-commerce and mobile payment adoption would be slower if it weren't for the pandemic

the pandemic accelerated things

--

pansin ko dami na gumagamit ng gcash / paymaya

--

don't build more malls

what we need are more warehouses and fulfillment centers

What is a fulfillment center?

[dr. d]

What is a fulfillment center?

a nice name for a warehouse / distribution hub for onlines.
i do not know how it came to be named, so.

[Athrunzala]

a nice name for a warehouse / distribution hub for onlines.
i do not know how it came to be named, so.

lol, sounds like a fulfillment center for your dream fantasy for me...

[dr. d]

lol, sounds like a fulfillment center for your dream fantasy for me...

i can not imagine calling my source of auto parts, hardware and carpentry stuff, a "fulfillment center."
heh heh.