Philippine Economy Talk

[dr. d]

it can be seen two ways.
it is a chance to correct a previous error.
or, it is a chance to further the error.

[Woof]

i do think PH economy is in the late part of a boom phase

Looks like it. But it seems that there is still some steam left. Let's see if our economic managers can manage a soft landing this time.

[dreamur]

Wala ng TRAIN. TRABAHO na naman.

Second tax reform package up for plenary debate

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[chronicle]

Wala ng TRAIN. TRABAHO na naman.

Second tax reform package up for plenary debate

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Haha. Sly of the them.
Train now has a negative connotation.

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[uls]

tomorrow is GDP and BSP day

[Monseratto]

Economic managers seek Duterte's help in lowering LGU share

[uls]

Economic managers seek Duterte's help in lowering LGU share

looks like the finance and budget guys are now concerned over govt spending

governments see the private sector as a milking cow

whenever a government decides to spend more money on something they just tax the private sector more

reminder to all governments -- there is no public sector without a thriving private sector

you keep on taxing the private sector it will come to a point where the tax burden is so great you'll kill economic growth and job creation

you're gonna milk the cow to death

[dreamur]

DOF themselves do not understand the framework of federalism.

DOF on draft Federal Constitution: 'Leaves much to be desired' | BusinessMirror

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[baludoy]

^ it's pretty dire when dominguez, the trusted southern mindanao oligarch of duterte,
expresses apprehension himself w/ the hastily created latest iteration of the proposed federal constitution

[Ry_Tower]

Feeling ko they arw getting confused by the day ratjer than being enrgized by federalism.

Si mocha ba naman starter mo. Hahaha

^ it's pretty dire when dominguez, the trusted southern mindanao oligarch of duterte,
expresses apprehension himself w/ the hastily created latest iteration of the proposed federal constitution

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[uls]

we'll get second quarter GDP later

i expect slower growth compared to first quarter

[Monseratto]

we'll get second quarter GDP later

i expect slower growth compared to first quarter

ABS-CBN News

JUST IN: Philippine economy grows 6.0% in 2nd quarter vs 6.6% in 1st quarter

[uls]

higher consumer prices weighing on the economy

[uls]

[uls]

BSP rate decision later

50 bps rate hike or PHP goes to hell

[Wh1stl3r]

Not sure if this has been posted here already.

Moody?s warns of Philippines credit rating downgrade | Philstar.com

The rating agency said there could be a gap between the national and local levels of government with respect to their ability to manage fiscal resources, posing a risk to the improved fiscal discipline that has characterized national government finances over the past decade.

[uls]

as expected

50 bps

Bangko Sentral hikes interest rates again over high inflation

[uls]

so can the 7-8% gdp target still be reached this year?

i don't think so

[Monseratto]

Licensing is just too expensive...

NBA stores in the PHL to close by end of August
August 9, 2018 4:28pm


Sad news, for basketball fans in the Philippines.

NBA stores across the Philippines will close in waves this month, it announced on social media.

It will first close SM Megamall on August 12, followed by Ayala Cebu on August 15.

Finally, the NBA Store in Trinoma and its e-commerce website will shut down on August 30.

According to NBA Philippines, the shut down is “due to the conclusion of our agreement with our retail operator.”

The Glorietta branch earlier closed in July. Last year, the NBA Cafe in SM Aura closed. — LA, GMA News

[Monseratto]

And money grow in trees as far as this idiot is concerned...

Sotto wants 14th month pay for private sector employees | News | GMA News Online