-
Recent Posts
Categories
Recent Comments
- grace suarez on Top 10 Life Insurance Companies in the Philippines
- Trixie D. on Free slots to Steps to Financial Peace!
- Jennette Rodriguez on Free slots to Steps to Financial Peace!
- Randell Tiongson on Steps to Financial Peace 2012
- Victor on Free slots to Steps to Financial Peace!
Blogroll
Tag Archives: Philippine Economy
Peso gets stronger
The peso closed at 44.69 to 1 US Dollar yesterday as per the official government rate (PDS). Our currency gets stronger and stronger and my fearless forecast is that it will even be stronger in the coming months as remittances … Continue reading
Exports and Foreign Direct Investments
Update as of Jan. 2010 Philippine exports break losing streak–rises in November · Exports in November hit $3.69 billion, up 5.1% from a year earlier · This is also +0.6% higher from October levels. · For the January-November period, exports were down 24.6% … Continue reading
Posted in Economy
Tagged economics, exports, foreign direct investments, Philippine Economy, randell tiongson
1 Comment
Economics 2009; Deficit & Inflation
Philippines to incur Php 300 Billion in deficit for 2009 · According to the Department of Finance, the Philippines will likely report a budget deficit for 2009 of below PHP300 billion ($6.56 billion). · One of the reasons for the … Continue reading
Posted in Economy
Tagged deficit, economics, inflation, Philippine Economy, randell tiongson
Leave a comment
Philippine Economy Update, 11.26.2009
Philippine economy is expected to see some minimal growth — still good news considering many economies are still in recession. However, inflation is becoming to be a concern, let’s pray it is a temporary situation. Inflation per se is not … Continue reading
Posted in Economy
Tagged economics, financial planning, Philippine Economy, randell tiongson
Leave a comment
US Dollar Update, 10.06.2009
Central Bank intervenes to support USD · Peso strengthened further, hitting a fresh 9-month high of P46.71 to a dollar vs P47.10 the previous day. · Attributed to strong inflows from overseas workers who sent home funds to families affected … Continue reading
Posted in Economy
Tagged foreign exchage, Philippine Economy, philippine peso, randell tiongson, us dollars
3 Comments
August inflation (2009) range at -0.3% to +0.6%
· The Philippines’ annual inflation rate could fall below zero in August before slightly picking up in the coming months. · The central bank forecast the annual change in August consumer prices to range between a 0.3% fall and a … Continue reading
Economic Update (9.1.2009)
Economic Update (9.1.2009) Philippines averts recession with better than expected 2Q09 GDP The Philippine economy grew better than market expectations in the 2Q09. COMMENT: GDP rebounded from a -2.1% contraction in the 1Q09 with a +2.4% growth on a seasonally … Continue reading
Burgernomics
Ever heard the term ‘Burgernomics’? Believe it or not, there’s actually such a term and it’s widely used by economists/investors. The publication The Economist actually publishes an index that makes reference to the Big Mac PPP. Err, the Big Mac … Continue reading
Recession anyone? (part 1)
We often hear the word ‘recession’ lately which prompted me to blog about it. Why is it that people fear recession too much? Is recession as bad as how we perceive it to be? Let’s define recession. Recession may be … Continue reading