Peso losing its competitiveness – DBS

[gustercaed]

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kung sa feeling2x na inyo gipangita layo pa kaau. bawionon pa ang 99%+ purchasing power sa peso dugay pa kaau na mu ubos gyud possible basin mu saka na balik. malipay napud tanan naa kapamilya na tua sa abroad na mu buhi nila ug tanan mga BPOs exporters. importers kaha malipay sila? kita nalang mag tourist kay dato na kaau ta sa uban lugar. kinahanglan pa bawion ato pila ka trillion na gi utang sa atong maayong mga leaders kuno na di kahibaw unsaon pag bayad mao na nag cge ra ta ug nagkalisod.

kung sa akoa lang wala impact sa akoa ang exporters ug bpos. naa ko sister ofw pero wala naghatag nako kwarta. naa mi sa tourism business pero i think we will be fine. kung di lang ako kaugalingon ako huna hunaon.

[rickflag]

I think our own Cebu will be greatly affected if this peso appreciation continues, since we have lots of BPO and export manufacturing companies here. We are also one of the premiere tourist destination of the country. I find Cebu by the way to be more expensive in terms of hotel and foods rates in Mactan area than Boracay, so if the peso is strong foreign tourist will have to shell out more from their currency.

[mio]

Kung musaka ang value sa Peso reklamo, kung munaog ang value reklamo gihapon....

Damn right.

[gustercaed]

Wednesday, February 20, 2013

MANILA -- The Philippine government's debt rose to P5.437 trillion as of end-December 2012, P56 billion higher from end-November 2012 level, the Bureau of Treasury (BTr) said Wednesday.

The National Government's higher debt could be attributed on the domestic debt, which increased by P62 billion from the previous month's level due to net issuance of government securities.

Of the total debt, P1.969 trillion or 36 percent was owed to external creditors and P3.468 trillion, or 64 percent, to domestic creditors.

External debt decreased by P6 billion from end-November 2012 level due to the combined effects of the net depreciation of third currencies against the US dollar.

Meanwhile, the BTr said that the total guaranteed debt of the National Government declined to P502 billion from the P509 billion end-November 2012 level.

The decrease was attributed to the lower peso value of external guaranteed obligations due to the net depreciation of third currencies against the US dollar. (SDR/Sunnex)

[masakiton]

Kung musaka ang value sa Peso reklamo, kung munaog ang value reklamo gihapon....

kung mo naug ang value sa peso = isa ka rason nga mo saka ang price sa gasolina
kung mo saka ang value sa peso = naai lain rason ngano mo saka ang price sa gasolina

[Eve's Apple Project]

bangas ka..asa naman tong cgeg ingon be nga nindot nga mosaka ang peso? hmmm wa naman nag imik..

kita ra lagi giilad ani..mas maayo pa iubos nang peso..

[hush232002]

kung ang value sa peso vs dollar mo ubos php 35, na ambot nlang mananum nlang k ug wheat and barley ani dire.....

[æRLO]

...and this is why the currency's value should be regulated, not appreciated needlessly. This was pointed out in another thread before, despite people thinking a stronger peso will do the country any good. "Strong Peso" is all just political banter, when in reality the value of our currency is not an ideal indicator for the pulse of the economy. Now you're just going to kill off one of the biggest reasons that has kept the economy buoyed back in 2007 and the subsequent economic momentum these past few years--only because the term "strong peso" has a nice ring to it.

[mio]

i disagree
dili ang pinas ang nag gunit ana nga title

Kinsa diay nag kupot sa title?

[Romeojin]

Wednesday, February 20, 2013

MANILA -- The Philippine government's debt rose to P5.437 trillion as of end-December 2012, P56 billion higher from end-November 2012 level, the Bureau of Treasury (BTr) said Wednesday.

The National Government's higher debt could be attributed on the domestic debt, which increased by P62 billion from the previous month's level due to net issuance of government securities.

Of the total debt, P1.969 trillion or 36 percent was owed to external creditors and P3.468 trillion, or 64 percent, to domestic creditors.

External debt decreased by P6 billion from end-November 2012 level due to the combined effects of the net depreciation of third currencies against the US dollar.

Meanwhile, the BTr said that the total guaranteed debt of the National Government declined to P502 billion from the P509 billion end-November 2012 level.

The decrease was attributed to the lower peso value of external guaranteed obligations due to the net depreciation of third currencies against the US dollar. (SDR/Sunnex)

link please...

so our debt/debt payment aint doing well even we had a strong peso tsk tsk tsk

might as well we depreciate the peso anyway our biggest export are OFW, who pumps the economy. depreciating national currency had worked well in countries like japan, sokor and china.