The Philippine peso: Strongest currency in Asia! GOOD NEWS

[bcasabee]

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ka ok gud ana......

[wanderlust]

I'll just have to chip in to this ...

Its really a good thing that the government is doing its best. My late grandparents were once farmers, I mean .. mag uuma, ako intawn magpatuna sa kabaw kada buntag. Before life was hard and support from the government is really difficult, ang abono lang daan wala gyuy assistance sa govyerno, karon since wala na mag-uma akong apohan, pero ang mga kasigbit nga yuta sa akong apohan naa nay traktor gamit provided by the government, so ayos na kaayo. Now I'm into livestock and poultry, and its really becomming easier to raise livestock also nowadays compared to before, I believe the government is really doing its best to help the poultry and livestock farmers. Unfortunately, even with the administrations best intentions, money that is going to trickle down to us, sometimes would go to local government officials unya ibulsa ra. Maayo gani kung ang mga local officials are also sincere, unya maabot gyud nimo ang benifit you deserve from the government.

Kudos to the Arroyo administration.

The government has a lot of good programs but the problem also lies in information dissemination. Most people in the provinces don't know about gov't programs that they could benefit from, and the result is that the funds for these programs gather dust or worse, go to local politicians' pockets. For those who would like to start small businesses, for instance, loans might also soon be availed of from the DSWD, once the president issues an E.O. repealing a previous issuance which limits the provision of loans to GFIs, and allowing agencies like the DSWD to extend the loans.

[baron]

Good thing that the peso was not affected with the recent political developments in Thailand. It closed at P5016 yesterday. The stock market went down a little bit yesterday, though.

Still, I hope for political stability in Thailand as soon as possible so that there will be no negative effects with the Philippine economy.

[Rance]

Peso hits 4-year high, breaks P50-to-$1

The peso last traded at the 49 level against the greenback in May 2002. Its closing rate on Monday was also its strongest finish since hitting 49.915 on May 30, 2002.

[Labrador]

sus unsa nalang akong dollar but okay ra gihapon kay kita man tanan pinoy ang naki nabang.

[digitalsuperman]

this is really good news..i'm so happy.imagine, strong kaayo ang peso karon, how much more when the largest bulk of OFW remittance comes in this x-mass...

the good news is i think that the inflation rate will be very very low thus making prices stable till xmass..finally i can maximize my 13th month pay.hehehe

[Yuri]

this is a very good news for us...

hope lang sad wala mga grabe calamities nga moabot... pra mosaka na sad tawn ang Pilipinas.

[Sanosuke]

Good work tita Gloria! More power to come!

It's better to cheat and have a great leader!

[doce_pares]

wow, the peso closed around 49 sumthing against the dollar last nyt, dats d strongest it came since 2002 & accdg to experts it may gain more strength n reach 48 against d dollar

guess its not all good news though, the OFW families n exporters wont be hapi w it

[Sanosuke]

guess its not all good news though, the OFW families n exporters wont be hapi w it

Yep... but it's normal in this world that you can't please everyone...