Philippine Economy Talk

**Mask Rider Blac** · July 14th, 2022 12:14 PM

Originally Posted by uls

BSP unscheduled rate hike 75bps

Wala naman sigurong mag-disagree to that number [emoji16]

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**uls** · July 14th, 2022 12:17 PM

^^^

should have hiked earlier

natauhan na

**shadow** · July 14th, 2022 12:35 PM

Originally Posted by uls

^^^

should have hiked earlier

natauhan na

Yan sinasabi ko eh too late...wala na kwenta. Masyado conservative si Diokno.

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**papi smith** · July 16th, 2022 08:27 AM

Originally Posted by Monseratto

Giant has fallen: Ayala Land loses premium as Sy-blings’ SM Prime, Frederick Go’s Robinsons Land take top spot among property stocks – JP Morgan

Don't have enough money to buy a property from them, so I bought some of their shares yesterday. Hope it bottoms soon.

**Monseratto** · July 28th, 2022 12:37 PM

**uls** · July 28th, 2022 01:43 PM

the psychology now is the Fed is done tightening

going forward the Fed won't be as aggressive

so good for risk assets

**uls** · August 3rd, 2022 01:19 PM

Bank loans expand 12% in June | Philstar.com

MANILA, Philippines — Credit growth accelerated to the fastest pace in more than two years in June despite the series of interest rate hikes by the Bangko Sentral ng Pilipinas (BSP) to curb rising inflationary pressures.

Loans extended by big banks grew by 12 percent in June from 10.7 percent in May. This was the fastest since the 12.7-percent growth recorded in April 2020.

Loans disbursed by universal and big banks amounted to P10.19 trillion in end-June, P1.09 trillion higher than the P9.1 trillion recorded in the same period last year.

The BSP also reported a 10.6-percent increase in consumer loans to P903.81 billion for a share of 8.9 percent of the total loans. Credit card loans grew by 18.9 percent to P475.94 billion, offsetting the 0.2-percent decline in auto loans to P327.05 billion.

**uls** · August 4th, 2022 04:06 PM

products ng vitarich -- poultry and hog feed

**Monseratto** · August 5th, 2022 10:37 AM

Waiting Bobo M's comment...

**uls** · August 15th, 2022 05:39 PM

this is good news

OFW remittances up 4.4% in June | Inquirer Business

Cash remittances that overseas Filipinos workers abroad sent to the Philippines through banks increased by 4.4 percent to reach $2.8 billion last June from $2.6 billion in the same month of 2021.

A significant portion of receipts was sent from the United States, Saudi Arabia, Japan, Qatar, and Singapore.

June data brought the total for the first semester to $15.3 billion, an increase of 2.9 percent from $14.9 billion in January-June 2021.

but still...

mabilis ang pagbaba ng dollar reserves ng Pinas

remittances can partially offset the decline