Philippine Economy Talk

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Is Jollibee operating at a loss with only drive thru and take away? We know that Jollibee caters mostly children, teenagers and young at heart... is the business model of Jollibee shattered also by this pandemic.

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lahat ng resto ang main income dine-in

mas maliit ang income sa take out / drive thru

alisin mo ang dine-in you're in trouble

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what's the point in maintaining a large space (and 2 floors) for chairs and tables when your business is reduced to a kitchen

you're paying rent on real estate that's not generating income

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Have we hit bottom yet???

when it comes to companies laying off workers or closing down entirely i don't think the worst is over

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Not a good idea to waive loan payments... Banks will tighten liquidity and increase interest rates.


Philippine Banks Warn of $82 Billion Cash Squeeze on Delay of Loan Payments

only stupid populists comeup with such an idea

[StockEngine]

Bangko Sentral seen pausing on rate cuts | Inquirer Business

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Bangko Sentral seen pausing on rate cuts | Inquirer Business

and you just posted this in the other thread

There is some prediction BSP will cut rates further...

gusto ko sana mag comment pero huwag nalang

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haha "some prediction"

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pero mag cocomment na ako

sa mga nagsasabi Bangko Sentral will cut again

DI MUNA

kasi meron lag ang previous actions nila

it will take time for lower rates to transmit down to consumer level

that is if it transmits at all

coz banks are seeing their asset quality deteriorate

they're not in the mood to go on a lending spree and pass low rates to customers

dream on

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The economy may get worse

BSP needs to save its interest rate ammo

di pwede ubusin ngayon

on the monetary policy side -- BSP HAS ALREADY DONE A LOT

it's time for the FISCAL side to do its job

[StockEngine]

galing ng RCBC..


RCBC profit climbs 17% in first half | Philstar.com

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galing ng RCBC..


RCBC profit climbs 17% in first half | Philstar.com

o yan tinulungan na kita


EastWest Bank's H1 profit up 65% | Inquirer Business

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^^

haha

party ain't over

many companies aren't doing very good and may lay off more workers

those who still have jobs are probably core employees

employers still keep them coz mahirap pag wala sila

pero as things go south dadating ung time pati core employees in danger

pero di pa alam ng mga core employees yan

feeling safe and secure may plano pa bumili ng bagong kotse

[StockEngine]

10000 coffee farmers... huge!

Nestle local coffee buying up 27% as NESCAFE Plan helps increase yields, incomes of assisted farmers | BusinessWorld