Philippine Economy Talk

[shadow]

meron tsikot member nag post the other day nag bounce ang cheke ng tenant niya (correct me if im wrong)

that represents all landlords out there

either talbog cheke or huwag muna ideposit

ung income sana ng mga landlord na gagastusin sana ibang bagay nawala

ung kikita sana sa gastos ng mga landlord nawalan din ng kita

and so on...

lahat interconnected

hindi mahirap mag imagine

na-heart attack ang economy

Meron iba sumasabay lang sa covid. Para maka delay mag bayad kahit kaya naman.


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[dreamur]

meron tsikot member nag post the other day nag bounce ang cheke ng tenant niya (correct me if im wrong)

that represents all landlords out there

either talbog cheke or huwag muna ideposit

ung income sana ng mga landlord na gagastusin sana ibang bagay nawala

ung kikita sana sa gastos ng mga landlord nawalan din ng kita

and so on...

lahat interconnected

hindi mahirap mag imagine

na-heart attack ang economy

The sooner the better. Im dying to give my middle finger salute to this government and all of its enablers. [emoji867][emoji867][emoji867]

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[uls]

Uls para kang Crocodile meron long term memory daw.


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haha

--

Meron iba sumasabay lang sa covid. Para maka delay mag bayad kahit kaya naman.

yeah i guess other people will take advantage of it

so same effect

ung pera na sana mag circulate nawala

so lahat ng tao kontrolado ang spending going forward

kasi expect natin mabagal ang pasok ng pera

laki ng effect niyan sa economy

[uls]

doon palang tayo sa capex ng mga malaking company

madami nag announce ng cut sa capex kasi they see weak demand sa future

so mga mag bebenefit sana sa gastos ng mga malaking company... wala... sorry

so sila din wala pang gastos and so on

--

sa environment na ito magtatayo ka ba ng bagong mall?

magtatayo ka ba ng hotel?

mag bubukas ka ba ng bagong resto?

dami business hindi na viable sa new normal

[_Cathy_]

meron tsikot member nag post the other day nag bounce ang cheke ng tenant niya (correct me if im wrong)

that represents all landlords out there

either talbog cheke or huwag muna ideposit

ung income sana ng mga landlord na gagastusin sana ibang bagay nawala

ung kikita sana sa gastos ng mga landlord nawalan din ng kita

and so on...

lahat interconnected

hindi mahirap mag imagine

na-heart attack ang economy

Madalas pa naman yung rental payment ang pambayad ng landlord sa mortgage. Hindi naman lahat ng landlord fully paid na ang property.

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[uls]

^^^

so sino ang hindi maka tanggap ng bayad?

mga bangko

kaya nag se-set aside ng bigger loan loss provision mga bangko

[toast]

Dito sa angeles city. May bagong gawa saka on going construction na Hotels. Kung tuloy pa rin pang banned ng foriegn tourist saka closure ng bars. Wala silang kikitain. Bagsak negosyo ngayon dito pag naka depend ka sa foriegn tourist.

[dreamur]

^^^

so sino ang hindi maka tanggap ng bayad?

mga bangko

kaya nag se-set aside ng bigger loan loss provision mga bangko

Uls, takot ka bang babagsak economy natin? If so. Bakit? I'm wondering why you sound so worried if the PH economy collapses.

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[dreamur]

We have the best president in the solar system. Walang ibubuga yan beerus na yan. Sasampalin lang niya yan yan wala na yan!

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[BlancNoir]

Suddenly, taking a loan against your building's value isn't a good idea anymore.

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[uls]

Uls, takot ka bang babagsak economy natin? If so. Bakit? I'm wondering why you sound so worried if the PH economy collapses.

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it's just the way i am i think about these things

interest ko ito in case you haven't noticed

[uls]

Dito sa angeles city. May bagong gawa saka on going construction na Hotels. Kung tuloy pa rin pang banned ng foriegn tourist saka closure ng bars. Wala silang kikitain. Bagsak negosyo ngayon dito pag naka depend ka sa foriegn tourist.

patay talaga tourism

ung mga nag invest sa condo para kumita sa air bnb... patay

[_Cathy_]

patay talaga tourism

ung mga nag invest sa condo para kumita sa air bnb... patay

Babalik kaya yung panahon ng 80s na luxury talaga ang travel? If they will implement social distancing sa planes e di parang half the seating capacity na lang. Over the years grabe niliit ng plane seats

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[uls]

Babalik kaya yung panahon ng 80s na luxury talaga ang travel? If they will implement social distancing sa planes e di parang half the seating capacity na lang. Over the years grabe niliit ng plane seats

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maybe... i really don't know

[uls]

in PH we have relief goods from barangay/LGU

DOLE one time P5,000 for workers

SSS small business wage subsidy

social amelioration...

plus help from private sector like sacks of rice from generous people and foundations...

[baludoy]

banks w/ abs-cbn debts wary of possible loan default

Aboitiz, Ayala banks have combined P21.5B loan exposure to Lopez in off-air ABS-CBN – Bilyonaryo

[BlancNoir]

banks w/ abs-cbn debts wary of possible loan default

Aboitiz, Ayala banks have combined P21.5B loan exposure to Lopez in off-air ABS-CBN – Bilyonaryo

I don't think this is a cause for concern for now.

They still have other income stream to generate revenues.

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[uls]

but that's something the banking system doesn't need right now

dahil sa lockdown madami hindi makakabayad ng utang

car loan, home loan, business loan, credit card etc

kahit wala lockdown may mga nahihirapan magbayad ng car loan (see those car loan threads)

mas lalo ngayon

[uls]

from the corona thread:

and many are becoming desperate for dole outs....




Wait for a couple more weeks if GHQ is allowed to see the actual damage to the economy. Mass business closures and unemployment...many unable to pay their bills...

back to landlords

specially landlords of commercial spaces

specially mall owners

they haven't been paid for months

when ecq --> gcq landlords are still not gonna get paid

coz tenants aren't gonna bounce back to pre-ecq levels of income

they will try to renegotiate with landlords

pag hindi sila magkasundo, we'll see closed shops

[2lits17]

pati mga vloggers na travel ang content nila pano na sila ngayon, either they think of a new pakulo or create click bait contents, maybe dapat balik na sila sa home country nila at look for a 9-5 jobs.

yun isang blogger na nag move sa BGC at bumili ng mamahalin sasakyan at motor siguro benta muna nila sasakyan nila tapos simple living muna sa pinas tutal mabuhay naman sila sa pinas basta magtipid lang.