Philippine Economy Talk

[Monseratto]

https://business.inquirer.net/283280...ettes-heats-up

Affected vehicle imports... Because of PM cigarettes

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[ray_noel]

Miffed PH threatens Thailand as trade row over cigarettes heats up | Inquirer Business

Affected vehicle imports... Because of PM cigarettes

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Let’s see...


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[minicarph]

smokescreen lang yan, Cigarettes vs Cars.

ang sabihin nyo they're finding yet another reason to jack up car prices coz sobrang hina ang benta cars ngaun coz of the daily traffic. and also, consumer is spending is down. dollar is down, tingen ko talaga may global meltdown next year, ts tsk

like compute yun nga magkano ba yun mawawala sa cigarettes export vs say blacklist natin Thailand and import from Japan na naman

lalo mag-down car sales nyan

di na dapat pinapansin mga ganito articles

[dr. d]

smokescreen lang yan, Cigarettes vs Cars.

ang sabihin nyo they're finding yet another reason to jack up car prices coz sobrang hina ang benta cars ngaun coz of the daily traffic. and also, consumer is spending is down. dollar is down, tingen ko talaga may global meltdown next year, ts tsk

like compute yun nga magkano ba yun mawawala sa cigarettes export vs say blacklist natin Thailand and import from Japan na naman

lalo mag-down car sales nyan

di na dapat pinapansin mga ganito articles

well, this annual smokescreen is more effective in making money than the one-time price increase of new cars that you believe it is hiding from view..

[Monseratto]

How do Aussie pedos pay for child p*rn from the PH...

BPI, other banks under review for ties to money laundering scandal in Australia

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[uls]

paki check nasaan ang PSEI on the 1st trading day of 2019 and where it is right now

looks like lahat ng gains for the year na-wipe out

[Kenzoo]

ok we have slower inflation rate again

now we wait for GDP data

BSP will use slower inflation rate and slower growth rate to justify RRR cut and/or interest rate cut

[kagalingan]

matatapos na year 2019 eh another scandal sa ayala owned companies.

- nuvali bumabaha ng ebak no posonegro scandal
- bpi banking scandal
- manila water aka manila gas scandal
- and now bpi na naman. Nubayan.

Ang mabango na lang kay ayala si trinoma. That is because of landmark supermarket. Yan ang pinupuntahan jan kaya may traffic.

[uls]

ok we have slower inflation rate again

now we wait for GDP data

BSP will use slower inflation rate and slower growth rate to justify RRR cut and/or interest rate cut

i recognize my own post when i see it




somebody created an alternate account to troll me?

ok lang

keep copy pasting

[dr. d]

Ang mabango na lang kay ayala si trinoma. That is because of landmark supermarket. Yan ang pinupuntahan jan kaya may traffic.

yung north edsa po ang sanhi ng traffic sa edsa diyan.

[kagalingan]

yung north edsa po ang sanhi ng traffic sa edsa diyan.

doc totoo si sm north ang nagcacause ng traffic as a whole pero si landmark trinoma nagiging factor na din.

So again its landmark not really trinoma.

[dr. d]

doc totoo si sm north ang nagcacause ng traffic as a whole pero si landmark trinoma nagiging factor na din.

So again its landmark not really trinoma.

yung north edsa ang gate valve.
si landmark trinoma vertis, mga gripo lang yan.
heh heh.

[Monseratto]

Back to topic...

Inflation jumps to 2.5% in December, overall 219 figure within target

[uls]

problem when you export people instead of goods


Filipinos in Iraq to be repatriated; highest crisis alert raised | ABS-CBN News

MANILA — The Philippines will repatriate its nationals in Iraq after the killing of an Iranian general in a US drone strike there stoked fresh tensions, authorities said Wednesday.

[Monseratto]

To boost economy, Bangko Sentral cuts interest rates by 25 basis points

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[Ketib]

Why?

Honda Cars Philippines, Inc., which produces the BR-V and City, announced today, that it will stop production operations in its plant in Sta. Rosa, Laguna, effective March 2020.

The decision to halt production there ends 28 years of production at the facility which currently employs 650 associates and represents a P 1.9 billion investment.

To meet Honda’s customer needs in the Philippines for reasonably priced and good quality products, Honda considered efficient allocation and distribution of resources. As such, after consideration of optimization efforts in the production operations in Asia and Oceania region, Honda decided to close the manufacturing operations of HCPI.

HCPI will continue its automobile sales and after-sales service operation in the Philippines, through the utilization of Honda’s Asia and Oceania regional network.

Honda will continue providing highly attractive products to its customers in the Philippines and continue contributing to the local society, which has been an ongoing effort for the last 50 years since Honda was established in the Philippines.

[Monseratto]

Why?

Honda Cars Philippines, Inc., which produces the BR-V and City, announced today, that it will stop production operations in its plant in Sta. Rosa, Laguna, effective March 2020.

The decision to halt production there ends 28 years of production at the facility which currently employs 650 associates and represents a P 1.9 billion investment.

To meet Honda’s customer needs in the Philippines for reasonably priced and good quality products, Honda considered efficient allocation and distribution of resources. As such, after consideration of optimization efforts in the production operations in Asia and Oceania region, Honda decided to close the manufacturing operations of HCPI.

HCPI will continue its automobile sales and after-sales service operation in the Philippines, through the utilization of Honda’s Asia and Oceania regional network.

Honda will continue providing highly attractive products to its customers in the Philippines and continue contributing to the local society, which has been an ongoing effort for the last 50 years since Honda was established in the Philippines.

Just too expensive to manufacture in the PH. Same thing happened with Ford. And having a plant is no longer a must with the ASEAN free trade agreement.

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[Athrunzala]

so they will transfer to countries which are hit by the coronavirus?

[shadow]

They rather be hit by Wuhan China virus than dutiti virus.


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[CVT]

Just too expensive to manufacture in the PH. Same thing happened with Ford. And having a plant is no longer a must with the ASEAN free trade agreement.

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28 years down the drain...

Power is expensive in our country... Then labor.... OH is expensive..... And we have limited (and expensive) local support for the indirect material....