OFWs hurt by strong Philippine peso

[SioDenz]

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Break sah ko kay mag dil dil sah kog Asin

[Eve's Apple Project]

Niabot nsad ka Bugas hahaha

Niabot nsad ka gobyerno di tawn nay topic diri dodong.

unsaon lagi pagka barato nimu ig musaka ang exchange rate sa dollar? nya mag import ka?

Best Docker jdu ka bai..no substance imong sisulti..kapila naka gitubag..but lusot jdu gihapon ka.. i am citing you the things that affects every pinoy nga gipadalhan sa among USD sa pinas... ikaw? what if karon 20 nalang ang SGD? pila nalng kaha imong ipadala? wahaha tawn sad

[Eve's Apple Project]

If importer ka, strong peso leads to windfall profit. How many Filipinos are importers or in the import business?

You're asking half-assed questions when we're discussing overall effects of stronger currency on the economy. If you think strong currency helps our country, then nobody can change your mind. What I do know is that countries are actively devaluing their currencies and its not because our leaders are smarter than theirs.

di na niya kayang tubagon bai... minimum wage earner ra biya daw sya?! wahaha

[Dorothea]

@monroy -- I'm so sorry to hear that, bro. That makes me sad, really sad.

I'd like to share my experience here, not to make you feel bad bro ha, but to perhaps show unsa ka way klaro atong gobyerno, bisan gamay nga incentive man lang for our exporters, wala gyud.

About 5 yrs ago, I decided I wanted to try going into business here, sideline lang when I have time off from my main job. Since I didn't know the first thing about business, I called the local govt office and told them of my plans and asked if they could help me unsaon pag start. I was referred to an NGO that helps women start their own small businesses, kaning mga first timers nga wala pa ka try negosyo. After a preliminary interview, I was told to fill up some forms and sign them and they would give me 2k USD pang start sa akong business. I declined coz I thought it was a loan unya hadlok ko dili unya ko makabayad. I was told, nope, they will GIVE me the 2k, no strings attached! On top of that, they assigned a business mentor for me, who lived close to me and who is successful in the same kind of business I wanted to get into. The mentor was so helpful, mao pa mag una emails and tawag nko, mag sulti about sa business, tips, strategies, marketing etc etc. I refused the 2k, coz the business was a low-capital one. Pero nindot kaayo akong na feel adtong panahona, I felt I wasn't alone, I actually felt like the govt sincerely wanted me to succeed. Maybe because they were smart enough to know that if I succeeded, I'm benefiting the economy? I dunno.

Mao na bro monroy, now that you tell me this about the plight of our exporters, nga wala jud help from the govt, that makes me really sad. It's like the govt is creating a whole slew of conditions for our exporters NOT to succeed.

[diatabz]

@SioDenz, I don't understand why you keep reiterating your point about imports, when our main imports are consumer goods and energy/oil, not raw materials used by production facilities (which you seem to imply). An economy with a trade deficit is often sickly and fundamentally unstable--you seem to think cheaper imports = good for economy.

[Eve's Apple Project]

^^ ok ra na sya bai..basta makapalit alng ta og barato nga imports!! hahaha

am i right bai soidenz?

[Dorothea]

@ SioDenz -- oist usa ka mag dildil ug asin diha, tubaga kuno tong post ni diatabz beh, kay maayo kaayo to pagkahiluna iyang explanation, suwayi kuno to ug tubag dodong beh

[digitalsuperman]

it's funny how some people label their fellow istoryan as a greedy-ofw.

of course we ofws have the right to complain or voice out our concern with this so called strong-peso. We are the one's directly affected by it but on the other hand, we are the one's helping the economy with our billions of pesos of remittance per year.

like i always say - if the peso is indeed strong, then the prices of commodities should also go down.

it's always the people that gets cheated by the government officials. stupid really.

it will never god down. afaik, a strong peso can only control the rise of the inflation rate.

[Eve's Apple Project]

it will never god down. afaik, a strong peso can only control the rise of the inflation rate.

mao lagi bai..kung di moubos ang palitonon, then somebody is making a HUGE profit (makapalit ba kaha tag share sa OIL companies noh? kay sure ball kaayo to didto!.hehe)

[digitalsuperman]

mao lagi bai..kung di moubos ang palitonon, then somebody is making a HUGE profit (makapalit ba kaha tag share sa OIL companies noh? kay sure ball kaayo to didto!.hehe)

lisud guro oi. kay ang Malampaya Project gani kay controlled man gani sa Shell then ang share sa PNOC kay murag gamay raman pud au. dapat atong government maghatag ug incentives sa mga local businesses nga motukod ug natural gas powered nga power plants. pero sige naman karon ug exploration for natural gas. usa dapat i-tap sa government kay kanang geothermal energy.abunda au sa atoa. pero different story napud na.hehe.