Philippine Economy Talk

[Athrunzala]

could it be that they don't like the incentives being removed because of the CITIRA law?

[shadow]

How Much More Can The Philippine Economy Endure From Rodrigo Duterte?


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[kagalingan]

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....

kuryente, gaso inooverprice, tubig gusto na rin gawing mahal buti na lang pumalag presdu.

[_Cathy_]

My friend told me Wells Fargo is letting go of 700 employees daw and only 50 will be left here in Manila

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[BlancNoir]

kuryente, gaso inooverprice, tubig gusto na rin gawing mahal buti na lang pumalag presdu.

Thanks to TRAIN law, all fuel sources are now taxed extra.

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[Ry_Tower]

Thanks to TRAIN law, all fuel sources are now taxed extra.

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All three bear the mark of this admins economic shortcomings and cronyism. Tsk

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[istan]

My friend told me Wells Fargo is letting go of 700 employees daw and only 50 will be left here in Manila

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They were fined $3B due to fake accounts scandal. They got to slim down somewhere.

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[uls]

#coronavirus

Ayala Land Says Mall Traffic, Hotel Occupancy Fell Up to 10%

[dreamur]

Flex ko lang sa mga fellow DDS (Dating Duterte Supporters). Happy 34th Anniversary!!!

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[kagalingan]

walandyo genuine delawan talaga ito si dreamy

sa playstation ba meron laro na may baha? hahahahaha!!!!

[xwangbu]

syet...duguan ang PSEI.

[ray_noel]

Grabeh shockwave ng coronavirus... iba pa ito sa nakikitang global recession this year... dapat may naka handang bala... makabili ng blue chips... or averaging sa loss...


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[uls]

Ramdam na daw ng mga mall operator ang epekto ng coronavirus

pati mga hotel, resto

[Monseratto]

I wonder if our OFW dependent economy will be able to survive this one... For sure export and tourist dependent countries are going to get burned badly.

[uls]

economies will experience hits to both demand side and supply side

supply -- China factories are either shut or barely open

if your supplies come from China sooner or later your old stock will run out and there won't be new stock for some time (whether it's finished goods or intermediate goods or capital goods)

demand -- if people stay home (voluntary or forced quarantine) economic activity slows down

if people don't go to work, no income, no spending, no demand

[Ketib]

economies will experience hits to both demand side and supply side

supply -- China factories are either shut or barely open

if your supplies come from China sooner or later your old stock will run out and there won't be new stock for some time (whether it's finished goods or intermediate goods or capital goods)

demand -- if people stay home (voluntary or forced quarantine) economic activity slows down

if people don't go to work, no income, no spending, no demand

Affected masyado yung mga negosyante. Paanu mga wala pambili?

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[falken]

Affected masyado yung mga negosyante. Paanu mga wala pambili?

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Crimes will increase.

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[Ketib]

Crimes will increase.

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Is it happening in Wuhan now?

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[uls]

Affected masyado yung mga negosyante. Paanu mga wala pambili?

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affected lahat

kahit may pambili kung wala mabili

like ung face mask madami ka nga pera pero wala mabili

if the shut down continues later on more and more goods disappear

[falken]

Is it happening in Wuhan now?

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So far, their government still has it under control. That's their advantage, being under authoritarian rule.

It's more frightening for us if this pandemic lasts for a long time. Our country's source of income are from tourism and overseas workers. Tourism is taking a big hit right now. And if Ofw deployment is severely limited. Lots of people will be jobless. Add to that, we rely on imports to feed our population. Food prices might skyrocket. Hunger leads to rioting.

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