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  1. Join Date
    Nov 2005
    Posts
    34,875
    #471
    as if companies don't already have enough higher cost

    minimum wage hike on the horizon

  2. Join Date
    Sep 2014
    Posts
    8,481
    #472
    Quote Originally Posted by uls View Post
    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
    actually namumurahan pa ako sa 46 per diesel kasi yun rent a car sa europe pumapatak P91 / liter sa conversion and I ran almost like 5000Km from amstermdam to germany to austria to budapest, prague back to germany and amsterdam lol. so how much I spent, 100K sa fuel lol. pero ok lang kasi pag nag-euro rail ako mas matinde yan

    ----

    so what's my take on this, if people on the other side of the world are used to P91 / liter fuel, then our government is boasting economic growth then dun na patungo talaga ang fuel cost, maybe it will normalize at P75/liter.

    that's the price to pay if you brag around the world that you are progressing .

    i think many businesses will close soon, and many people will get laid off. but those who remain will become richer, as in richer talaga. why coz grabe ang influx ng foreign money nyan satin as long as we projecting growth.

    so is it bad thing? not really, I think the economy will just correct those who want are not creative in their business. if you dont give rebates or discounts, magbilang ka ng araw mo.

    i can see krispy kreme, j co, dunkin all offering value for money promos and discounts, that's the way to go to survive in this new economy. pero kung mabilang ka, bilang mo na din araw mo sa pagsara along with the employees na i-lay-off

    that's why diba sabi ko uls last Jan, ayaw ko magtayo ng brick and mortar business or tangible business, dahil sigurado paktay sa overhead yan once the Train law meets global inflation.

    kaya nag-europe na lang ako kaysa nagisip ng business. anyways, sanay naman ako kumain ng corned beef saka spam for like 3 months or so, so hayun ganyan ako ngaun, after a month long feasting of frankfurters, schintzels, bratwursts, croissants, different types of cheeses.

    ang problema kasi sa pinoy, pag natikman ayaw na bitawan kaya in denial so lalo bumagsak. pero kung sanay katawan mo sa hirap then sarap then hirap like it's a cycle, youll survive in the new economy.

  3. Join Date
    Sep 2014
    Posts
    8,481
    #473
    Quote Originally Posted by uls View Post
    as if companies don't already have enough higher cost

    minimum wage hike on the horizon
    the minimum wage hike will result to eliminating rendundant jobs in companies or redundant companies.

    if a lot of people will get laid off in imperial manila or cebu or any other top city in our country, then tama ang forecast ni Injap, these people will just go back to their respective provinces at magtanim or maghanap na lang pagkakakitaan duon, eh andami na citymalls or mini ayala malls, or sm malls, so these people who got laid off sa manila, and trained sa manila, they will accept lower pay sa provinces pero the training will help them survive and perhaps, help in the improvement of their sleepy or isolated towns. eh sabi ko nga may mga malls na waiting for them to grow.

    yes its a bitter pill to swallow, pero its a good thing. manila will decongest, and those sleepy provinces with the influx of manila-trained or skilled workers, soon we will have more cities na hinde na promdi as in sleepy, promdi as parang Chicago lang as is to New York . there was a time when chicago was a sleepy town compared to new york.

    so malay nyo, a sultan kudarat town will become so productive in the future, it will be rated as one the best places to live in the future.

    that's nature at work, overpopulated na eh. this is better than war i guess.

  4. Join Date
    Nov 2005
    Posts
    34,875
    #474
    Quote Originally Posted by minicarph View Post
    that's why diba sabi ko uls last Jan, ayaw ko magtayo ng brick and mortar business or tangible business, dahil sigurado paktay sa overhead yan once the Train law meets global inflation.
    yep

    train law meets global inflation

    yan ang nangyari sa PH

  5. Join Date
    Nov 2005
    Posts
    34,875
    #475
    ECOP says 900,000 small and medium businesses at risk if P750 minimum wage is approved

  6. Join Date
    Feb 2008
    Posts
    10,780
    #476
    PSE at 7,500... what is happening???

    Sent from my SM-N950F using Tapatalk

  7. Join Date
    Sep 2003
    Posts
    21,876
    #477
    PSE below 7,500. Below 120 pts. Euro contagion....

    Sent from my SM-N9005 using Tapatalk

  8. Join Date
    Nov 2005
    Posts
    34,875
    #478
    + domestic headwinds

    companies experiencing higher operating cost (inflation)

    companies seeing lower profits coz customers have less buying power (inflation)

  9. Join Date
    Nov 2005
    Posts
    34,875
    #479
    friend: how much more can stocks fall?

    me:





    friend: seryoso?!

    me: dunno... i just like drawing lines on charts

  10. Join Date
    Feb 2008
    Posts
    10,780
    #480
    Ok lang yan basta hindi LP nakaupo

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Philippine Economy Talk