Philippine Economy Talk

[gearhead000]

wait?! national sells software and games back in the day!!?? i did not know this or im laking naguhties kasi.

Hindi lang software.

At one time they did sell IBM PCs (I think both IBM & clones) din before, just like the set below.



I know cause I've seen them displayed sa NBS main branch nila sa Cubao, yung multi-storey.
Sa kanila rin ako madalas mag-browse ng mga LPs/ vinyl albums, both sa Cubao at sa Recto.

Automatic Center Cubao also sells PCs and laptops before, and syempre mga audio component systems.
Brands like Kenwood, Technics, Akai, Pioneer, Sony. Pero I don't remember them selling LP records as well.

[Monseratto]

Would you trust your money to a underachieving son of a deposed corrupt dictator?

Norway's Sovereign Wealth Fund Loses $164 Bn In 2022 | Barron's

Norway's sovereign wealth fund, the world's largest, said Tuesday it recorded a loss of 1,637 billion Norwegian kroner ($164 billion) in 2022, citing volatile markets.

"The market was impacted by war in Europe, high inflation, and rising interest rates... All the sectors in the equity market had negative returns, with the exception of energy," Nicolai Tangen, CEO Nicolai Tangen of Norges Bank Investment Management which manages the fund, said in a statement.

[Mr. Witcher]

Would you trust your money to a underachieving son of a deposed corrupt dictator?

Norway's Sovereign Wealth Fund Loses $164 Bn In 2022 | Barron's

Source of corruption ng mga marcoses yan. When will the Filipino people learn. [emoji24]

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[dreamur]

Dami na talaga scammers sa pinas.

https://bilyonaryo.com/2023/02/02/in...zano/business/

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[papi smith]

Dami na talaga scammers sa pinas.

https://bilyonaryo.com/2023/02/02/in...zano/business/

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Ang malupit nyan, he even claims to have been scammed himself, well maybe true, but amazing to think that a son of a Governor can be tricked to be given a chairman of the board position without really doing anything. Hindi ka ba magtataka nun or your parents at bakit ganito. When I saw that ad, medyo wary na rin ako, seeing that all they offer you is a promise of being a co-owner of a gasoline station and the endorsement of a famous celebrity and no history or proof of profitability.

[dr. d]

Dami na talaga scammers sa pinas.

https://bilyonaryo.com/2023/02/02/in...zano/business/

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"... too good to be true..."

i am wondering,
why the 'strange' investment amount of 990,000 pesos?
... what is it avoiding?

[Ry_Tower]

"... too good to be true..."

i am wondering,
why the 'strange' investment amount of 990,000 pesos?
... what is it avoiding?

Perception doc, P990,000 is less than a million.

It would be better to invest less than a million than a million pesos hehe, specially for a not to reliable investment. Parang P99 vs P100 fo a product. The P99 would sell faster for sure.

[dr. d]

Perception doc, P990,000 is less than a million.

It would be better to invest less than a million than a million pesos hehe, specially for a not to reliable investment. Parang P99 vs P100 fo a product. The P99 would sell faster for sure.

i was thinking along the lines of,
"if we ask for investment of 1M and above, we will have to abide by certain additional rules..."

[Ry_Tower]

i was thinking along the lines of,
"if we ask for investment of 1M and above, we will have to abide by certain additional rules..."

Nope, walang cap sa investment naman unless may possible problem re monopoly (Phil. Competition Commission).

[papi smith]

Ako naman iniisip ko ung AMLC, I think there's an amount that needs to be reported to them by banks, so maybe it's 1M, so if the investor withdraws 990k, it goes under the radar, and the recipient is also not tagged. Hula lang.