Philippine Economy Talk

[kagalingan]

ito isa pang connected na pala-isipan sa pagdating sa revival ng bnpp: Australia has more than 30% of the world's proven uranium reserves and is the 2nd most prolific producer of this wonky substance as of last year (next only to the unpredictable kazakhs) and yet they have resisted to join the list of countries using nuclear power on a mass and commercial scale. as the aussies would say when bewildered about something, "what's the john dory on that?". (not sure kung sa tamang context gamit dito though )

*pasensya na at naka-inom na kaya ito na lang ang contri ko sa usapan na ito*

baluds mahirap pag ateniness nakamamam. Baka bigla maging franchise player si greg slowmo hahaha

[TopEngine]

MODERATOR'S WARNING: Do not attack members.

Could you also warn the other guy not to post 'engot' and 'ulol'?

I'm cool having dissenting opinion but not when the other guy stating those words, I just replied to the other guy the same word. Thanks in advance.

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[uls]

been posting about global food crisis for months

looks like nag arrive na sa pinas

[Mask Rider Blac]

For Philippine banks, what is the status of shifting from IBOR to alternate reference rates?
Meron na ba nag-shift? Ilan at sinu-sino sila?

[uls]

SOFR yata ang pinalit sa USD LIBOR

[Monseratto]

Rice is Life...



All That’s Stopping a Full-Blown Food Crisis? Rice

When Vietnam, typically the world’s second-largest rice exporter, imposed its export ban in 2008, others including India, China and Cambodia quickly followed, effectively shutting down the entire market. Panic followed: In four months, the Philippines bought as much rice as it usually imports in a full calendar year. Saudi rice imports shot up 90% as the kingdom built up its reserves. The result was the most dramatic price increase the rice market had ever seen, with prices soaring to about $1,100 per ton from about $480 in just eight weeks.

[kagalingan]

^
and rice ang hindi kasama sa mga allergens like soy, wheat, gmo corn.

[uls]

from US dollar thread

opening up after lockdowns --> increased demand --> more imports --> higher demand for dollars

and coz imports are now more expensive (specially crude oil and refined products)

need more dollars to pay for imports = high demand for $$$

kaya nabanggit ko sa ibang thread PH needs to make sure we have a lots of dollars coming in

to avoid the sri lanka scenario

[uls]

Rice is Life...



All That’s Stopping a Full-Blown Food Crisis? Rice

tataas din ang presyo niyan

[uls]

from US dollar thread




opening up after lockdowns --> increased demand --> more imports --> higher demand for dollars

and coz imports are now more expensive (specially crude oil and refined products)

need more dollars to pay for imports = high demand for $$$

kaya nabanggit ko sa ibang thread PH needs to make sure we have a lots of dollars coming in

to avoid the sri lanka scenario

USDPHP will be 53 very soon

normally PH has enough $$$ reserves to cover 8 to 10 months of imports

soon it will be enough to cover 6

i'm usually early with my predictions

the authorities should prioritize $$$ reserves above anything else

kung pwede huwag muna mag import ng di importante para makatipid sa dollars

like wag muna magpa-concert ng mga foreign artist

dami pa naman magco-concert this year