Our economy is going down. Prices are going up the government should move to help our economy get back to it's roots. Business will not anymore grow with what is happening today. Even the oil price is increasing as we speak.

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The Philippines is in a hard place with the government not able to do very much and the country just has to roll with the punches it has to take. Of course with constant political squabbles and mismanagement of the economy it only makes things worse. Even if everything was to turn around for the better today here in the Philippines it would take a long time for things to recover to the point that the poorest people would feel it, the Philippines is in for a rough ride.

But the stock Market is doing great!!!!!

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Yup, the stockmarket is gaining points. But who benefits from these points?

Government Help Our Economy!! Politicians DON'T BE CORRUPT!! Down with the PORK BARREL!! It will help our economy if the pork barrel will not be given to the Congress.

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i predict a recession (yet again) even if the gov't won't admit this. the rising cost of fuel will stop us from consuming products and services.

i just wish the gov't can keep the cost of basic goods cheap even if it means to import them.

Our economy is going down. Prices are going up....


Errr.....'scuse me. What else is new ?

government should move to help our economy get back to it's roots.

oh, that is new....only thing is ....ain't gon' happen in a million years, not with the kind of 'nationalist' officials we have.

Even the oil price is increasing as we speak.


Oh, tell us about it here in the States.
A gallon of gas, unleaded, ordinary, (by that I mean the kind that doesn't "clean" your engine the same way it cleans your wallet), is $2.98, lowest, depending on which county and which state you're at. Californians, pay more please. After all you've got all those technocrats and Silicon Valley.

Hi!!! I agree to that, but we dont have to rely on our government alone to save our economy... We should also do our part... Anyway, I can help you to venture into a business that is really profitable. This opportunity only knocks once, so why not grab it right? So if ever your interested just contact me at 09193241888....
Hope to hear from you soon!

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Sobrang Bagsak na ekonomiya natin dahil sa dami ng mga kurakot at tiwaling opisyal....

medjo masakit na sa bulsa ang prsyo ng gas!

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Hi to Cathy Genegaling,
Its sounds like you have something hidden magic to boost our economy and i'm sure everyone is interested. Would you mind to share it with me for i have a plan to start a small business in Pinas but i still do my search. I'm sure if you can help everyone who could start a new life you can be our Hero.

Looking forward to hear from you.....

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visit us at www.financemanila.net/forum

for the latest on how our political crisis affects our foreign exchange, stock market, and livelihood.

In my view, if youre a businessman, the political crisis is your ally because it would scare foreign investors, and you could monopolise some products/services youre selling. But if youre looking for employment then kawawa ka naman. I really havent thought about this but I actually read this in an issue of The Economist. I think it was a Russian tycoon who said this. He said that he likes the political instability in Russia before, because foreign competition is scared to invest. Therefore giving him more freedom to expand business.

This is the worst economy in the history of the Phil. Let' s pray 4 the
country's recovery and peaceful living.

hi cathy nice move ah good fight anyway like to know you more perhaps deal with you let s make business .
got some friends here looking and beach resort to developt means not much price somewhere south of manila approx near manila by ythe way we are in France mail me at jadedjosh64@yahoo.com
and if heard something h&l for sale somewhere pasig or condo not super mahal budget about 1.5-2M
thanks Cath looking forward of you

iba na talaga dito sa pinas pahirap ng pahirap ang buhay

Malaki talaga ang epekto ng patuloy na pagtaas ng presyo ng krudo sa pandaigdigang merkado sa ekonomiya ng bawat bansa. Yung iba ding oil importing Asian countries masyadong naapektuhan lalo na yung mga di na nakayanan tustusan ang subsidy sa langis. Wala na silang magawa kung hindi ideregulate ulit ito dahil di na kaya sa sobrang taas na ng presyo nito. Expected na nga nila ang biglang pagtaas ng inflation rate sa kanilang bansa.

Kumpara nga natin sa iba ang growth rate ng GDP:

Country growth rate (in GDP for the second quarter of 2005)
RP 4.8
Thailand 4.4
Malaysia 4.1
South Korea 3.3
Taiwan 3.0

PhilStar

we just don't know what the future lies. but what we should focus on today is to look and support for ways to cushion the impact of the continuous oil price increase. i think the right explanation for that is that due to the domino effect of the oil price hike, almost every product's and services' price/rate will start increasing too. though it was discovered that our country has oil reserves, we haven't really developed it yet.

i think what you are pointing out is that our lifestyle may change. we will become more frugal in spending.

90+% (i think) of our oil resources are imported. the whole nation is very dependent of this product for transport. but, in fairness our dependence on imported oil supply decreased because 90% of our electricitification project comes from geothermal energy.

for your last statement, i believe the government i already doing something about it. it's doing the best it can to maintain the price of our staple food (rice) on its usual price. it's even monitoring prices of basic goods in the public and private market since agriproducts and other commodities are exempted from the E-VAT. canned goods will be repackaged and will soon be packed in foils for us to save more.

THERE IS NOTHING MUCH OUR GOVERNMENT CAN DO TO SAVE US INTO THIS GLOBAL CRISIS. EVERY COUNTRY ARE NOW EXPERIENCING GLOBAL ECONOMY CRISIS, THIS IS A LONG TERM STRUGGLE AND IT WILL AFFECT EVERYONE IN OUR DAILY CAUSE OF LIVING,SOME ARE LOOSING JOBS,STREET MOBS FOR MANY REASONS...ECT.

ACTUALY ANG MAYAYAMAN NA BANSA AY HINDI GANAP NA TUMUTULONG SA MGA NAGHIHIRAP NA BANSA. HENCE,THEY USING THE WEAKNESS OF THE COUNTRY PARA MAKATIPID SILA SA EXPENDITURE/WAGES AT LALO NA ANG PENSSION DAHIL ITO AY LONG TERM COMITMENT.

ANYWAY,HINDI KAYA MAS MAGANDA KUNG IBALIK ANG NAKARAAN NA MAS MARAMING MAGSASAKA KAYSA TRABAHADOR SA PABRIKA PARA TULUYANG IWANAN ANG MGA MAYAYAMANG YUMAYAMAN.

MALAWAK ANG LUPA NA HINDI PINAKIKINABANGAN..........

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Youre right... life is going to be more difficult because of the Energy Crisis/Oil Crisis. Youre right again that the goverment should move to help our economy get back.... But then, each and everyone must do their share to help our country.

Thanks to the OFW, for their dollar remittance across the globe --- Thats our share!

Let MOVE on... Lets Work together for a Better Philippines.