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  1. Join Date
    Sep 2003
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    21,866
    #461
    Quote Originally Posted by uls View Post
    Report: a labor group is demanding national minimum wage of P800/day

    MOAR INFLATION
    Endless cycle...

  2. Join Date
    Nov 2005
    Posts
    34,815
    #462
    report: Govt orders PLDT to regularize contractual workers

  3. Join Date
    Nov 2005
    Posts
    34,815
    #463
    JG Summit hit by train

    food and drinks unit net income falls 12.5% in Jan to Mar

    C2, Great Taste 3-in-1

  4. Join Date
    Aug 2008
    Posts
    1,585
    #464
    Quote Originally Posted by uls View Post
    JG Summit hit by train

    food and drinks unit net income falls 12.5% in Jan to Mar

    C2, Great Taste 3-in-1
    OK lang yan di ba?

    Pakay kasi ng train eh pigain ang mga mayayaman.

    Ayan napipiga na.

    Pati puregold affected ng train, so i read somewhere.

    Taipans should pay!

  5. Join Date
    Jan 2003
    Posts
    2,407
    #465
    Quote Originally Posted by uls View Post
    USDPHP 52.60

    thanks to the RRR cut

    that's 100 billion pesos to be unleashed into the financial system

    now i'm convinced the BSP's priority isn't fighting inflation

    Their priority is growth

    they're willing to let the economy run hot
    May issuance ulit siguro si BTR to suck all the excess liquidity after the RRR or baka di rin maunleash yung 100Bn sa higpit ng BASEL III.

  6. Join Date
    Nov 2005
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    34,815
    #466
    Quote Originally Posted by A121 View Post
    May issuance ulit siguro si BTR to suck all the excess liquidity after the RRR or baka di rin maunleash yung 100Bn sa higpit ng BASEL III.
    or BSP TDF auctions to mop up liquidity

    but it's really strange a central bank would cut RRR when there's no shortage of liquidity

  7. Join Date
    Sep 2014
    Posts
    8,481
    #467
    Anyare, baket bigla naging P46 ang diesel. I just got back from Europe tapos an luwag luwag sa kalsada. im still jetlagged so medyo disoriented pa ako pero parang ibang mundo ata inuwian ko.

    tsk tsk this is not good, almost P60 gasoline. and considering tuition time, delikado ba economy uls?

    on bright side, buti na lang naka-Europe ulet ako, if anything happens to Phil. Economy I can safely say naka-cross out ulet ako ng bucket list

    i been to Neuchwanstein Castle, the original Disney castle that inspired Walt Disney



    and also I been to Prague kung san madalas nag-shooting ang Mission Impossible ni Tom Cruise. so magical that place in Czech Rep.

    hay, ano ba mangyari, I turned off everything kasi, naka airplane mode ako all throughout the trip as well as I filtered any news from the Philippines. tapos ganito na pala dito

    update naman uls

  8. Join Date
    Nov 2005
    Posts
    34,815
    #468
    gaano katagal ka nawala OB?

    assume ko nalang isang buwan

    so ito nangyari sa loob ng isang buwan:



    kita mo yan?

    malaki ang itinaas sa presyo ng langis

    kaya sunod sunod ang pagtaas ng presyo ng gasoline at diesel

    delikado ba economy?

    di naman

    tumaas lang naman ang presyo ng mga bilihin

    since consumer-driven ang economy natin, ang epekto ng pagtaas ng presyo ay mas konte ang nabibili ng mga tao sa pera nila

    ang epekto niyan sa mga kompanya ay mas mahina ang benta

    tumaas din ang cost ng mga kompanya

    kung importer, mas mahal ang produktong iniimport dahil nagtaas ng presyo ang mga supplier at dahil mahina ang piso

    kung manufacturer, mas mahal ang presyo ng mga raw materials

    kung construction, mas mahal ang presyo ng building materials

    kung airline, mas mahal ang jet fuel

    basta halos lahat ng klaseng negosyo apektado ng mas mataas na cost

    kaya hirap umaangat ang stock market natin dahil ang earnings ng mga kompanya medyo disappointing

    madami na umaaray sa presyo ng bilihin

    mga transport group humihingi ng taas pasahe

    mga labor group humihingi ng taas sahod

    kung pagbigyan ng gobyerno yan ewan ko na ang mangyayari

    OB paki analyze nga

    kailangan ko insight mo

    btw, itong pag taas ng presyo ng bilihin hindi lang dahil sa presyo ng langis

    dahil din ito sa TRAIN law

    hintay ko reply mo OB
    Last edited by uls; May 29th, 2018 at 02:38 AM.

  9. Join Date
    Nov 2005
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    34,815
    #469
    nakalimutan ko sabihin nagtaas ng interest rate ang bangko sentral ngayon buwan upang labanan ang inflation

    sa opinion ko kulang pa yan

    kailangan mag taas uli sila

    parang takot sila magtaas ng interest dahil babagal ang growth ng economy

    may target ang gobyerno na 7 percent GDP growth yata

    di ko alam gaano ka-independent ang bangko sentral

    baka kasi sa kagustuhan ng gobyerno abutin ang GDP target, i-pressure nila ang bangko sentral na huwag gumalaw

    that means the central bank will let the economy run hot

    which means they're willing to tolerate higher inflation

  10. Join Date
    Nov 2005
    Posts
    34,815
    #470
    yes

    you have to


    BSP Gov Espenilla said they may raise their policy rate some more depending on the data.

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Philippine Economy Talk