2018 starts with a bang... TRAIN effects still unknown though.
Palace welcomes WB report naming PH as fastest growing economy in ASEAN - YouTube
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2018 starts with a bang... TRAIN effects still unknown though.
Palace welcomes WB report naming PH as fastest growing economy in ASEAN - YouTube
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PSEi almost 9000 🤓
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4Q results will come out nextweek.
Economic growth in 3Q revised upwards to 7 pct | ABS-CBN News
Similar in the US, wall street stays strong in the face of an imminent government shutdown.
GLOBAL MARKETS-Stocks rise as shutdown brews, bond yield at 3-1/2 yr high
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I noticed that prices of a number of goods in the supermarket increase by at least 8%.
If my delivery truck traveled 200km and at 8km per liter of diesel fuel, I would have consumed 25 liters of fuel.
This means that increase in transport cost is P75 only.
If the truck carried 5000 can goods, original price was P25 now P27, so increase in price of P2 x 5000 = P10,000
That was basically the greed per truckload whether manufacturer, distributor or supermarket.
Deym! So much greed here...
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daming ganyan bro... lagi kong sinasabi sa Baguio noon bakit halos nasa 7-8 pesos ang price diff. ng gas at diesel kumpara sa La Union. iisa lang naman ang source na kinukuhanan nila, sa poro point depot.
usually ang gamit ay 20,000 liters per tanker * 120 km (round trip). nahihirapan sila sa 40k liters /tanker.
kung 2 pesos per liter ang freight charge < so total freight charge is 40,000 pesos per tanker. may tubo na sila dyan kung sarili nila ang tanker>. saan nila kinuha ang additional 5-6 pesos... yes, too much greed indeed.
Negosyo yan. Captured market ang Baguio. Not everyone goes down. So deliberate na mataas ang presyo sa Baguio especially for gasoline (12 pesos difference vs Rosario). So that companies can afford to drop prices in price war areas - Tarlac, Pangasinan, some areas of LU, they need to make up for it in areas like Baguio.
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35 pts to go
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economic boost for Q4 2017 holiday spending
wait for Q1 2018 data
i'm curious what happened post holidays
effect of TRAIN