Philippine Economy Talk

[glenn_duke]

Panahon pa ni Noynoy nag file na ng renewal yang ABS CBN, dapat nuon palang pinilit na nila na irenew yan.

[shadow]

Panahon pa ni Noynoy nag file na ng renewal yang ABS CBN, dapat nuon palang pinilit na nila na irenew yan.

However, Aquino’s former spokesman, Edwin Lacierda, said the network in 2014 had caused a bill to be filed to renew its franchise but then withdrew it, citing “time constraints” and “opted” to reapply under the next presidency.


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[uls]

PH first quarter gdp growth is NEGATIVE

[Ry_Tower]

PH first quarter gdp growth is NEGATIVE

And the next 2 quarters would probably be negative as well if not worse.

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[uls]

na-heart attack ang economy

[uls]

madami hindi makakabayad ng utang

loans are banks' assets

[Ry_Tower]

madami hindi makakabayad ng utang

loans are banks' assets

The Philippine banking system is strong, I believe they can weather this.

I am more worried with the unemployment problem. Dami na tinanggal at tatanggalin pa esp sa tourism and tourism related industries like food establishment, accomodation, pasalubong centers and the automotive industry.

Manufacturing din ang baba output for sure for some companies. Lay-offs din aabutin niyan.

La din new industry that could accommodate some of these workers like public works since Build Build Build funds would most surely be lessened as a consequence of the pandemic.

[Monseratto]

madami hindi makakabayad ng utang

loans are banks' assets

Century Restaurant in Century Park.... Start of the many Restaurant closure. Expect Gloria Maris to follow suit...

[shadow]

Century Restaurant in Century Park.... Start of the many Restaurant closure. Expect Gloria Maris to follow suit...

Saw that in one of my my viber group. Wala ng panto! Lugi! Saka sino pa ba gusto kumain sa Chinese Reaturant eh puro mga TDKs! Kadiri!


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[_Cathy_]

Saw that in one of my my viber group. Wala ng panto! Lugi! Saka sino pa ba gusto kumain sa Chinese Reaturant eh puro mga TDKs! Kadiri!


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hahaha! Iba naman pinupuntahan ng TDK diba? Basta wag magsasara King Chef at Hap Chan

[shadow]

hahaha! Iba naman pinupuntahan ng TDK diba? Basta wag magsasara King Chef at Hap Chan

Meron pa rin mga naliligaw, kahit saan naman andoon naman mga hinayupak na mga yan eh.


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[Monseratto]

Carlos Dominguez owned...

Daily Tribune


JUST IN: Marco Polo Davao is closing and will give its employees their separation pay. An official of Halifax Davao Hotel Inc., which owns the hotel, cited financial loses as reason for the closure. | via Edge Davao #pandemic #marcopolohotel #covid19

[baludoy]

Carlos Dominguez owned...

that's pretty sad. i used to have lots of friends working there when it first opened. hopefully, it's just temporary. dami din mawawalan ng trabaho doon.

i guess the euphoria of davao city being the new business hub of mindanao has been cut short. ang dami pa naman bagong hotels nag open dyan dahil nga nanalo si digong.

[_Cathy_]

Si Titilio Tutuman ata eto, hindi si Coco ROFL



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[uls]

pag naextend ang ECQ beyond May 15 patay ang economy buong taon

[uls]

#liftthelockdown

#nomoreECQextension

[uls]

pag naextend ang ECQ beyond May 15 patay ang economy buong taon

NCR mayors want 15 day extension

walang katapusan ito

the more they test the more infected people they'll find

they'll be shocked and it will be harder for them to lift the lockdown

[uls]

And the next 2 quarters would probably be negative as well if not worse.

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Q2 will definitely be much worse

sa Q1 wala pa lockdown Jan Feb and half of March... only the other half of March ang lockdown and we got a 0.2% contraction

in Q2 we already lost the whole of April and half of May and we could lose the other half

lockdown pa more pupulutin sa kangkongan ang economy ng Pinas

[dreamur]

A hypothetical question - what if a 2nd wave and a 3rd wave happen? Will it not overwhelm the healthcare system and spike the curve up? In this scenario, lifting the ECQ will end up screwing the economy more.

In my own selfish way, why support a government who runs this country like a family business? Let the economy crumble so people will realize there is a need for a leadership change.

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[dr. d]

as i posted in the other page,
lifting and extending both have their pros and cons.
we can weigh them against each other,
but eventually, the person who will have to make the decision is going to have to make one big gamble.

btw,
testing for positives is only half the issue.
what to do with the positives, is the other half.