The market in general has been bearish over the past few months triggered by a barrage of selling from foreign investors who have taken out money from our markets due to a variety of factors stemming from different economic issues both here and abroad. As a result of that selling, the PSEI has been down …
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Is it too late? Well, the answer to that question is: absolutely not. While we’re all panicking on the sustained increase of prices of goods and services in the country, as consumers, the best thing to do is beat inflation by having other means of income. Currently, as of September, inflation stands at 6.7%. If …
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Surprised? Not at all. The Philippines’ inflation rate has been the main highlight this 2018. Why? It went beyond Bangko Sentral ng Pilipinas (BSP)’s projected target and despite the monetary authorities’ measure implemented in order to reduce and stabilize it, their efforts proved futile. Catch me in my live training events! (quick plug) The heart of …
Continue reading “SEPTEMBER 2018 INFLATION HITS 6.7%”
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Everyone’s Eyes on the Jackpot If there’s one thing we’ve all been dreaming of, it’s certainly winning the lottery. In fact, some people have taken the extent of actually planning what to do with the jackpot money in case they win. If truth be told, the prize is ridiculously huge enough to afford one a …
Continue reading “DISADVANTAGES OF PUTTING MONEY IN LOTTO”
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Is it still a surprise? The Bangko Sentral ng Pilipinas (BSP) just recently increased its interest rate by 50 basis points based on a meeting held on September 27. While the interest rate hike did not come as a surprise to everyone, another one might be expected. The unexpected high inflation rate this year has …
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Net foreign selling continues Foreign investments continue to exit the Philippine market as foreign investors gets alarmed by the country’s economic status. While the Philippines may be one of the best investment grounds in Southeast Asia, this might make a turnaround as it is currently experiencing problems with its economy. How is this possible, you …
Continue reading “FOREIGNERS ARE STILL GOING OUT”
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JFC’s Portfolio Expansion Jollibee Foods Corp. (JFC), the largest food conglomerate here in the Philippines, has partnered with Panda Restaurant Group Inc. as it plans to introduce Panda Express in the Philippines market. Catch me in my live training events! (quick plug) The heart of why I do this seminars is I want to build a …
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Another interest rate hike The Bangko Sentral ng Pilipinas (BSP) has long time kept its interest rate at a surprisingly low 3% over the years. However, the recent turnout of events has forced the monetary authorities to increase the said rate to a higher rate in a short span of time. As of today, 29 …
Continue reading “BSP INCREASES INTEREST RATE TO 4.5%”
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