Philippine Economy Talk

**Wh1stl3r** · August 10th, 2020 11:07 AM

If government wants to help, zero interest loans would be nice.

**uls** · August 10th, 2020 11:09 AM

Originally Posted by Wh1stl3r

If government wants to help, zero interest loans would be nice.

dunno about zero interest loans pero kasama sa stimulus plan ang loans to SMEs

-

and it's not a matter of whether the gov't wants to help or not

gov't has to help

there's no other entity that can pull the economy out of the hole it's in right now

**Wh1stl3r** · August 10th, 2020 11:16 AM

Originally Posted by uls

dunno about zero interest loans pero kasama sa stimulus plan ang loans to SMEs

-

and it's not a matter of whether the gov't wants to help or not

gov't has to help

there's no other entity that can pull the economy out of the hole it's in right now

Instead of dole outs they could just shoulder the interest. Most businesses that are still standing are just scraping by. Even with the lower interest rates, I don't think they can afford the additional overhead.

**Lew_Alcindor** · August 10th, 2020 11:58 AM

Originally Posted by shadow

Akala ko ko ₱990B ang stimulus package na budget nila?

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Joke lang daw yun. Yung stilus package sa 2022 gagamitin.

**shadow** · August 10th, 2020 01:56 PM

Originally Posted by uls

dunno about zero interest loans pero kasama sa stimulus plan ang loans to SMEs

-

and it's not a matter of whether the gov't wants to help or not

gov't has to help

there's no other entity that can pull the economy out of the hole it's in right now

So paaano package sa mga SME? How about the micro? Ibigay lang sa kanila bahala na sila kung paano gagamitin?

So kung small enterprise ako,.bibigyan ako ng xxx amount then bahala na ako gamitin? Hanggang kailang ako pwede makakuha? Unlimited? Parang mahirap yan ganyan.

Coronavirus aid: California man arrested over fraud claim - BBC News

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**uls** · August 10th, 2020 02:00 PM

Originally Posted by dr. d

don't mind the cars.
they buy tons of small-ticket items that, as a whole, affect the economy more than them cars.

speaking of cars (which is the OTHER big ticket item)

on one hand inisip ko wala pera mga tao so di bibili ng kotse

on the other hand LALO necessity ngayon ang kotse coz wala public transpo

so napipilitan dapat mga tao bumili ng kotse

to find out if my theory is right, i asked a friend who's embedded in the industry (used and brand new)

malakas daw benta 2nd hand

mahina brand new

mahina brand new kasi mahigpit mga bangko ngayon

**uls** · August 10th, 2020 02:03 PM

She mentioned pala malakas ang motor and vehicles for delivery

well yeah coz of online shopping...

**jut703** · August 10th, 2020 02:09 PM

One of my distributors also distributes motorcycles and they sold in Mar-June what they would sell in an entire year, so halos 3x daw. Dami pumapasok sa delivery services ngayon.

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**uls** · August 10th, 2020 02:14 PM

^^

wow

nag boom talaga ang logistics dahil sa pandemic

**uls** · August 10th, 2020 02:24 PM

Originally Posted by shadow

So paaano package sa mga SME? How about the micro? Ibigay lang sa kanila bahala na sila kung paano gagamitin?

So kung small enterprise ako,.bibigyan ako ng xxx amount then bahala na ako gamitin? Hanggang kailang ako pwede makakuha? Unlimited? Parang mahirap yan ganyan.

Coronavirus aid: California man arrested over fraud claim - BBC News

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shadow i don't know the details

macro view lang ako -- the gov't has to spend

will there be cheating?

yes there will...

pero ang importante bumaha ng pera ang economy