The Philippine peso: Strongest currency in Asia! GOOD NEWS

[potterboy]

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Yah, until the government spoon feed all the people and give all the poeple house and lot for free,.. you'll never gonna be happy!

ganahan lang nako balikon.

[Rance]

Spoon feed? where the hell you can find that? you can't even find that kind of govenment services in the US, Japan or in EU region (those big and stable economy for exmaple) ug ang mga taw tapolan kanunay way silay ayo.. that is a dif'cult goal for the Phil government mag ambition ana as third world country.

[zengatsu]

yes nagkakusog na jud atong kwarta..mayta magpadayon ni para mupadayon sad ubos ang presyo sa mga pamaliton

[brownbrawn]

Oil Prices Have Dropped

The price of oil dropped below $60/barrel level last week. The peso appreciated also last week. The drop in the price of oil and the improvement in the peso should mitigate any inflationary effects of the EVAT. These developments all the more reinforces the stand of Finance government that the EVAT should be implemented soon.

The government continues to get criticisms from different sectors. However, the peso remains strong :mrgreen:, Philippine bonds are resilient and the capital accounts positive. Either the government is doing right or the fund managers are wrong. But fund managers are usually astute investors and have the talent of looking at the overall picture. Perhaps, the Filipino or the common "tao" and many in the media are looking at the trees and not the forest.

Many Filipinos tend to undermine themselves or sell their own country short. As it is, the investment community is looking positively at the Philippines, and they are encouraged by our economic numbers.

It is clear that we are on the path towards fiscal recovery. While a balanced budget is a long way to go, what’s important is that we have turned around and the trend towards improving our fiscal position continues. As for investors, they should be looking at investing in Philippine assets (the peso, ROPs, equities) now that we are on the path towards a balanced budget by 2008… not when everything is rosy by 2009. Despite all the negativism, we are bullish on Philippine assets in the long term

Wa man gihapun ni us-os ang plitihan.

[brownbrawn]

yes nagkakusog na jud atong kwarta..mayta magpadayon ni para mupadayon sad ubos ang presyo sa mga pamaliton

Wa man gihapon mobarato ang panaliton.

[bcasabee]

Ang LPG i rollback na starting 12 midnight by 1 peso a kilo by 2 the giant oil companies.

[brownbrawn]

Maayo. Pero dili ni tungod ni Gloria ha. Basin moingon na pod siya uy nibarato ang LPG tungod sa EVAT.

[JoRed]

Maayo. Pero dili ni tungod ni Gloria ha. Basin moingon na pod siya uy nibarato ang LPG tungod sa EVAT.

Â* Â*Sa panahon ni Manang Glo.....ningBARATO................................ .................................................. .............ang dungog sa Pinoy sa world....hahay!...'tsaon na lang....'way inARROYOhay ha?....lolz!Â*

[zengatsu]

yes nagkakusog na jud atong kwarta..mayta magpadayon ni para mupadayon sad ubos ang presyo sa mga pamaliton

Wa man gihapon mobarato ang panaliton.

nibarato baya ang mga petroleum products bay..

[tolstoi]

Peso hits 8-month high, closes at 53.94:$1 :mrgreen:

http://www.abs-cbnnews.com/storypage.aspx?StoryId=23459