Philippines upgraded to investment grade...

[leo_trams]

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if naay mga palpak o negative we always blame the following:
- blame the current president.
- blame the past presidents
- blame the government system/processes.
- blame any politician.

if favorable sa ato-a...mapa sa atong kaugalingon, sa nasud, sa atong silingan, sa atong pamilya.
kinsa atong basolon? or kinsa atong pasalamatan?
- atong kaugalingon....lol

instead of pointing fingers...can somebody explain why it happened and how to sustain it and improve some more?

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[MeMing]

is there an economist here that can shed light on the effects of this?

The way I'm seeing this, the rating will initially increase foreign investors in our stock markets putting more $ in the economy and further depreciating the already depreciated peso to dollar value affecting at least 3 major economy movers namely the OFWs, BPOs, and exporters.

Here are some stats I've read:

Total Number of OFWs is Estimated at 2.2 Million (Results from the 2011 Survey on Overseas Filipinos) | National Statistics Office
Business process outsourcing in the Philippines - Wikipedia, the free encyclopedia
Economy of the Philippines - Wikipedia, the free encyclopedia

The way I'm seeing it, these 3 industries alone should make up quite a bit of the GDP pie of our country and the people that it touches is vast compared to say those working directly in the stocks exchange market.

Of course with the advent of the construction boom that will also lead to more jobs for the masses which is good although not permanent.

[Passport]

sadya ang mga dato ani kay dakog kita ila investments

[SioDenz]

makahatag baya jud nig kaayuhan pero ayaw sah mug celebrate kay di ingna kadali ang effect ani sa ordinaryong Juan De La Cruz. Padayun tag Kayod mga sa-op

[silent-kill]

same old same old. the rich gets richer and the poor, well let's just hope they at least get jobs.

di man gud na ingon ana bro gud, ehheheh invest man gali ang maid ni bo sanchez, kong di ka ma dato karon nga lifetime... at least imong next generation.. ma arang arang pagka butang

ayaw i limit imo mindset ana. there is a reason ngano ato mata naa sa atubangan.. para mo tanaw ta sa "future" hahaha.

[silent-kill]

is there an economist here that can shed light on the effects of this?

The way I'm seeing this, the rating will initially increase foreign investors in our stock markets putting more $ in the economy and further depreciating the already depreciated peso to dollar value affecting at least 3 major economy movers namely the OFWs, BPOs, and exporters.

Here are some stats I've read:

Total Number of OFWs is Estimated at 2.2 Million (Results from the 2011 Survey on Overseas Filipinos) | National Statistics Office
Business process outsourcing in the Philippines - Wikipedia, the free encyclopedia
Economy of the Philippines - Wikipedia, the free encyclopedia

The way I'm seeing it, these 3 industries alone should make up quite a bit of the GDP pie of our country and the people that it touches is vast compared to say those working directly in the stocks exchange market.

Of course with the advent of the construction boom that will also lead to more jobs for the masses which is good although not permanent.

its a double edge blade bro, but the government is balancing this. through reforms... kai kong tanawon nimo ngano ang US-UK mo put-up man og mga business sa Singapore nga mas mahal paman sila nato?

[MeMing]

The way I see it, they prefer SG over us simply because of the following:

1. Nearly non-existent corruption.
2. Although its a very small island nation, the inhabitants there have a whole lot of buying power compared to say, PH.

Kani lang 2 ka rason, daghan na adto didto dayon specially multinationals who need a presence in ASIA.

Also, I doubt Bo Sanchez' helpers can invest your relative's 500k. And sure enough, they aren't earning the minimum wage mandated by law for helpers which should be at most 3,500 per month + gov't required benefits.

Another theory I have for this "upgrade" is that the financial world needs to shed direction to all those who want to take part in stocks. They aren't happy when investors are holding their money instead of playing it on the stock exchange. And since they haven't convince these select few enough to get back in the game in major stock exchanges like that of the US or UK, they will put another "HERO" of sorts in the financial world so the select few can get back in the game again and the financial system gets rolling again and the players in it gets cuts again in every transaction.

Of course, these are just my thoughts so I'm hoping we have someone who is an economist or something along that line to jump on the discussion to shed professional light.

[Tamblot]

Optimism is one critical ingredient for this to progress. While some have already reaped the results, others may feel threatened.

[vfix507]

it is still to early for us to filipinos to enjoy this much hyped "rising tiger" status of the philippines. there are still a lot of things to be worked out in the government, economy, infrastructure, labor, military/defense, etc.

[silent-kill]

The way I see it, they prefer SG over us simply because of the following:

1. Nearly non-existent corruption.
2. Although its a very small island nation, the inhabitants there have a whole lot of buying power compared to say, PH.

Kani lang 2 ka rason, daghan na adto didto dayon specially multinationals who need a presence in ASIA.

Also, I doubt Bo Sanchez' helpers can invest your relative's 500k. And sure enough, they aren't earning the minimum wage mandated by law for helpers which should be at most 3,500 per month + gov't required benefits.

Another theory I have for this "upgrade" is that the financial world needs to shed direction to all those who want to take part in stocks. They aren't happy when investors are holding their money instead of playing it on the stock exchange. And since they haven't convince these select few enough to get back in the game in major stock exchanges like that of the US or UK, they will put another "HERO" of sorts in the financial world so the select few can get back in the game again and the financial system gets rolling again and the players in it gets cuts again in every transaction.

Of course, these are just my thoughts so I'm hoping we have someone who is an economist or something along that line to jump on the discussion to shed professional light.

1. Where do you think we are heading bai? padong rapud ta did2 with the right attitude in placed, of course it doesn't happen over night. naa pata upper hand since cheaper pata. look at their workforce, almost all are foreign. they cannot stand on their own they need to import labor.

2. their buying power was not that big 2 decades ago bai. we have to start somewhere, so i think this is our first step... there are lots of challenges ahead of course, but with the right attitude/mind set we can achieve it.

bai its not how much you can invest, but rather onsa imong plano sa imong gi invest.. "pang tuition ba?, pang retirement?, pang balay, pang kasal? etc", given na ang fact nga di kita tanan datu pagka butang aning kalibutana... so we have to start somewhere... its basically preparing for the future.

you don't need an economist bai, you just need to be in the market, and do your own research. foreign brokers will not invest in PH if there is no potential. also Fitch wont upgrade us to investment grade without proper analysis and due diligence di ni siya chamba2x/hype2x nga trabaho.. they are putting their name at stake


ikaw bai onsa man imong "investment" karon?