Philippine Economy Talk

[jut703]

yes JUT703

grabe ang damage

understand why i was sounding the alarm in this thread

Bakit naka-all caps username ko?[emoji23]

Definitely the economy will be in shambles (if it isn't already). But really before we can even try saving or rebuilding it, we need to be sufficiently equipped to fight the pandemic. Machismo and militarism will not save us. Let Bolsonaro and Brazil be a warning of what happens when a populist president of a 3rd world country does nothing.

We need mass testing (targeted testing if you want to call it that) and contact tracing. I don't understand why we still aren't prioritizing this.

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[uls]

Bakit naka-all caps username ko?[emoji23]

na-excited lang hehe

Definitely the economy will be in shambles (if it isn't already). But really before we can even try saving or rebuilding it, we need to be sufficiently equipped to fight the pandemic. Machismo and militarism will not save us. Let Bolsonaro and Brazil be a warning of what happens when a populist president of a 3rd world country does nothing.

We need mass testing (targeted testing if you want to call it that) and contact tracing. I don't understand why we still aren't prioritizing this.

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i heard the gov't will start hiring lots of contact tracers

para bigyan din ng trabaho mga nawalan ng trabaho

[Gumusut_Amige]

na-excited lang hehe



i heard the gov't will start hiring lots of contact tracers

para bigyan din ng trabaho mga nawalan ng trabaho

hindi pa ba gumagamit ng isang application para makatulong sa contact tracing dyan sa atin?
implemented na dito sa amin.

BruHealth - Apps on Google Play

[jut703]

na-excited lang hehe



i heard the gov't will start hiring lots of contact tracers

para bigyan din ng trabaho mga nawalan ng trabaho

They also said we'll have mass testing by April 14. It's May 24 and our testing capacity is still saturated - our daily cases hover at the 200-300 range which is a plateaued curve, not a flattenned one.

So while I'm hopefull that this govt will get their act together, I'm not too optimistic unless I see actual contact tracing systems in place.

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[Lin Dan]

Restaurants, condo sector face bleak prospects | Inquirer Business


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[uls]

Restaurants, condo sector face bleak prospects | Inquirer Business


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you're gonna see a lot of that kind of business news going forward

[shadow]

you're gonna see a lot of that kind of business news going forward

Babagsak ba mga prices ng Condos? Pinag usapan namin nun friend po the other day. Opportunity daw sa kanya at bibili siya ng mga condo, mag take a advantage daw siya


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[uls]

Babagsak ba mga prices ng Condos? Pinag usapan namin nun friend po the other day. Opportunity daw sa kanya at bibili siya ng mga condo, mag take a advantage daw siya


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i mean going forward there will be lots of news about damage to certain business sectors

the virus has made many business models unviable

[shadow]

i mean going forward there will be lots of news about damage to certain business sectors

the virus has made many business models unviable

Pero babagsak ba presyo ng mga condos?


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[uls]

yes shadow i think bababa ang presyo ng condo

i'm not a real estate/property guy

i'm more on macro -- my view is in a deflationary environment i don't see how condo prices can defy gravity while other asset prices are falling

[papi smith]

Babagsak ba mga prices ng Condos? Pinag usapan namin nun friend po the other day. Opportunity daw sa kanya at bibili siya ng mga condo, mag take a advantage daw siya


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Hirap naman tubuan nyan unless fire sale ang presyo, ang laki ng transaction taxes when you buy and sell, factor mo pa cost of money mo while waiting for market to recover.

[Lin Dan]

you're gonna see a lot of that kind of business news going forward

My friends who have resto business said that almost 70% of their profit comes from “dine in” customers. With the high costs of rent nowadays, they could not simply survive with mobile deliveries and take out orders.


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[uls]

My friends who have resto business said that almost 70% of their profit comes from “dine in” customers. With the high costs of rent nowadays, they could not simply survive with mobile deliveries and take out orders.


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now think about how malls can survive

halos lahat ng tenant sa mall either resto o apparel

in this environment there's no way they can afford rent

[uls]

somebody told me surviving 2020 is now the goal

SURVIVING

forget about your December 2019 goal of making more money in 2020

If your business survives 2020 profit na yan

[Lin Dan]

now think about how malls can survive

halos lahat ng tenant sa mall either resto o apparel

in this environment there's no way they can afford rent

Normally, the malls would “renegotiate” the rental fees if they still want to keep their tenants.

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[shadow]

Nabasa ko pala sa mga meron loans sa banks, yes extended nga ang amortization pero you still need to pay the accrued interests. Diba dapat waived na rin interest.


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[jut703]

Nabasa ko pala sa mga meron loans sa banks, yes extended nga ang amortization pero you still need to pay the accrued interests. Diba dapat waived na rin interest.


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Good thing you pointed it out. Read the fine print of my loan - tuloy nga ang interest. Will call them on Tuesday to just deduct everything kaysa tumaas pa interest. 2 months na kong hindi chinacharge eh.

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[shadow]

Good thing you pointed it out. Read the fine print of my loan - tuloy nga ang interest. Will call them on Tuesday to just deduct everything kaysa tumaas pa interest. 2 months na kong hindi chinacharge eh.

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Dapat waived na rin yun.


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[dreamur]

Nabasa ko pala sa mga meron loans sa banks, yes extended nga ang amortization pero you still need to pay the accrued interests. Diba dapat waived na rin interest.


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I think interest is still due but penalties are waived.

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[shadow]

I think interest is still due but penalties are waived.

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So paano yun mga auto debit or PDC? Pag pinasok nila yun monthly amortization plus accrued interest pa? S


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