Philippine Economy Talk

[baludoy]

Oh wow... 4.6 million pinoys are currently unemployed due to the virus from wuhan.



the things you own end up owning you

[Monseratto]

things that were supposed to happen 5 years in the future are happening now

e-commerce and mobile payment adoption would be slower if it weren't for the pandemic

the pandemic accelerated things

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pansin ko dami na gumagamit ng gcash / paymaya

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don't build more malls

what we need are more warehouses and fulfillment centers

Manila Malls May Become E-Commerce Storage Amid Retail Slump - Bloomberg

AyalaLand Logistics Holdings Corp. is studying turning parts of its malls into last-mile fulfillment facilities, according to a document seen by Bloomberg.

“We continue to explore opportunities,” said Francis Montojo, the unit’s chief finance officer. He added that other commercial areas may be converted to healthcare clinics or office space.

SM Prime, meanwhile, has leased out a floor in the car park of a shopping mall to a bank, as well as leased another floor in an office tower, President Jeffrey Lim said in a text message.

AyalaLand Logistics shares fell as much as 2.3% in Manila trading Thursday, heading for a three-day losing streak. The benchmark Philippine Stock Exchange Index rose 0.8%.

“Retail developers must look at possible areas to pivot and re-purpose space,” said Kash Salvador, an associate director at property services company Santos Knight Frank. “We see an opportunity in storage and warehousing given higher logistics demand as shoppers go online.”

Mall owners should also consider leasing vacant space to co-working companies as businesses seek smaller offices in various locations, Colliers’ Bondoc said.

[Monseratto]

Will prices for condos fall off a cliff?

From malls to banks: The pandemic’s domino effect

[Monseratto]

[Monseratto]

4 Nigerians arrested for allegedly hacking, siphoning funds from PH bank | ABS-CBN News

[shadow]

Ganyan ba kagagaling talaga mag hack ng Nigerians? Email lang sila dsti ah. Baka naman yan lang sinasabi hackers kuno pero inside job ang totoo meron sila kasabwat sa loob


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[Monseratto]

4 Nigerians arrested as NBI steps up chase vs P167M UCPB hackers | Bilyonaryo

[shadow]

4 Nigerians arrested as NBI steps up chase vs P167M UCPB hackers | Bilyonaryo

Hanapin nila yun kasabwat sa loob ng bangko.


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[Monseratto]

Thousands of students, teachers affected by private schools' temporary closure | ABS-CBN News

The number of private schools suspending operations in the upcoming academic year has risen to over 700, affecting thousands of students and teachers, the Department of Education said Wednesday.

According to DepEd data, 748 private schools gave notice that they would not open for School Year 2020 to 2021, 344 more than the figure that the DepEd reported in August.

The temporary closures would affect 40,345 learners and 3,233 teachers, according to DepEd data.

[boybi]

Thousands of students, teachers affected by private schools' temporary closure | ABS-CBN News

Ang problema sa karamihan ng private schools, 10% lang discount sa tuition fees. Then dagdag gastos sa mga students like buying addtional devices and subscribing to faster internet. Tapos need pa mag supervise parents while ongoing ang online learning.

Dito sa school namin sa province, 40% discount sa tuition fee, nasa 90% ang enrollees.

Parang kahirao ijustify ng high tuition fee pag online learning.