Posts tagged as:

Money & Currency

Do you know why Filipinos at home will go bankcrupt after New Year?

by reyna02 on December 22, 2007

ETO:

ATM withdrawals hit record high as Filipinos splurge

Wasak-wasak na daw lahat nang ATM machine sa Pinas with massive withdrawals! Yupi-yupi na raw ang haligi nang mga bangko! Nag-mukhang EDSA I People Power yong mga nag-wi-widrow nang anda! Yong tipo bang eh akala mo eh bank run na yong mga bangko! Hahaha! The lines at some ATM machines in Eastwood [...]

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There’s nothing beautiful about poverty

by reyna02 on December 15, 2007

[youtube=http://www.youtube.com/watch?v=c64Wnpbr1Ys]
Comments will be answered tommorrow! Eh, me Christmas santacruzan sa opis namen! Weeeee!!! As ifffff gusto kong makipag-chikahan!!! Pwede vaaa!!!

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My disappearing retirement money!

by reyna02 on December 14, 2007

I am just having such a bad day today with all these news about the Philippine peso! Grrrr!!!
It’s bad enough that my technorati ratings is going down drastically (napansin nyo?), I could see my 401-k disappearing forever!!! Now, I have to kayod forever para lang I could send the same amount of money na pinapadala ko sa [...]

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Binggo na talaga to!!!

by reyna01 on December 5, 2007

Halos matapon ang isang drum na kapeng nilalagok ko pag-gizing ko. Eto! 

ANO?! Sa totoo lang! Sino ba ang winners nang pag-taas nang value nang piso? Kaming mga OFW na halos barya na lang ang kita namen? I’m sure new year celebration ang mga smugglers at silang nagbabakasyon sa Yuropa! Ang sumunod kong naisip … mawawalan na [...]

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No Remit Days 1-5 bawat buwan

by reyna01 on December 2, 2007

Ang sumusunod ay pahayag ng Migrants Association in Saudi Arabia (MASA), isa sa mga kasaping organisasyon ng Migrante Saudi Arabia.

Ipaglaban ang Kabuhayan ng Migranteng Pilipino!
No Remit sa a-1 hanggang a-5 ng bawat buwan!
Laging sinasabi ng gobyerno na gumaganda ang ekonomiya ng Pilipinas. Patunay daw nito ang pagtaas ng reserbang dolyar ng bansa, pagliit ng depisit [...]

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$1 = Php45: Salmon of the Day

September 28, 2007

Stocks rally to 8-week high; peso up
$1 = Php45
Pano basahin to mga anak? Ang ibig sabihin po nito anak eh LUMALAKAS ang piso kay LUMILIIT ANG PALIT. Wag nyo pong babasahin to na BAGSAK na naman ang piso, dahil mali po yon. Maling mali po yon. Getz nyu?
Ganito po yan…

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Are OFWs coming home? What’s with the POEA numbers? Are they correct?

September 2, 2007

Da TRUE and nothing butt da true: Where OFW remittances are coming from:

In 2006, Overseas Filipino Workers remitted a total of $12 billion glittering US Dollars to the Philippines. Eto po sya shown by top ten sources by country. If you look, almost 60% of which comes from the US and only 10% is coming [...]

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Bangkurokots!

August 23, 2007

 Banks charge too much for overseas money transfers

Modern-day banking started on the sidewalks of medieval Milan, Italy. Money was actually traded from benches, hence “banco,” or bank. At that time, bankers were considered only a head above murderers, robbers and thieves.Today, bankers have become respectable. But there are pockets of sheer greed.
When I was [...]

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Is the peso really gaining some strength?

May 26, 2007

Children, to understand if the Philippine peso is gaining some strength, first we have to review our Economics 101.
Let’s re-learn our basic.
Our PESO becomes valuable because the DEMAND for the peso is greater than the available supply. Am sure everybody knows about supply and demand, korek? When does our peso becomes valuable? Two or three [...]

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Peso seen hitting Php44: $1

May 24, 2007

Hmppppttt!!!
If there is ever something in this news that I am excited about, it’s the news that finally there will be a centralized credit bureau in the Philippines. It’s about time! But then again, given Pinoy’s unbelievable ability to tweak things, our beyond the world ability to be creative taking cue from all our corrupt [...]

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Peso surges to Php45.87? Time to celebrate na ba?

May 23, 2007

Here we are again. The continued rise of peso!
What does it mean to us Pinoys? Back in October of 2006, I reposted an entry I wrote several months back. I was asked by Chuva and several others to explain what’s the effect of the rising peso?

Here’s an excerpt of what I wrote: “… Sino ang [...]

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A lettah from Maria: Agri-business

March 15, 2007

First, let met tell you sumtin’ Maria. There’s absolutely nothing funny about going into agribusiness! Nothing! Pag nakita ko yang mga people who’s laughing at you sasabunutan ko’t pag-sasapakin ang mga yan! But since you’re there and am here! I got dolls at perdibli! Iha! Kunin mo mga pangalan at mabendisyonan ko na tong [...]

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$1=Php56, one year ago

October 6, 2006

Ok, I am reposting this one kasi I got 3 separate emails asking me to explain further kung ano ang epekto nitong rising peso. BTW, rising peso po, ang ibig sabihin, yong piso natin eh lumiliit ang palit hindi po yong dumarami. I know, nakakalito. Pero, heto po uli yong post ko…  
Ganito yon. Consider this time [...]

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Mainit ang ulo ko!

October 4, 2006

$1 = Php48
At sinu ang hindi iinit ang ulo pagka ganitong ga-send ka nang money to Pinas at ganito ang palit, aber? Sino? Sinu? Sin-u???
Gonzalez: Billboards part of free speech!
Sabi nang headline sa Inquirer.  Eh andaming nagkalat na free speech sa EDSA, tapos sa C5 andaming nagsulputang mga free speech!! “Ulol! Lokohin mong lelang mong [...]

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Basic Cash Flow

October 3, 2006

Here’s a very nice article/post made by “Mampubukid” on the gov.ph/forum site that I visit regularly. I thought I would share this to you all since you will learn something from here. I really liked this one. If I think it right, they took this from Rich Dad, Poor Dad.
Asset or Liability
THE BASICS OF CASH [...]

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Stock investing lessons

April 17, 2006

(Follow this thread on http://www.gov.ph/forum/thread.asp?rootID=20666&catID=4&page=4).
Noynie, Vallejos was right. Stock trading is just like running a business. Mas pa yata because you have to stick your eyes unto it.
I’m sure marami ka na sigurong narinig about Pinoys na yumaman sa stock trading. Hindi ako yon. Sila yun.
And I tried my hand on it, kasi gusto ko [...]

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Php50=$1 and its effect sa OFW

March 25, 2006

Ganito yon. Consider this time frame.
January 2005 (Andun ako sa Manila), exchange rate, $1=Php56. So, kakayod ka muna nang Php56 bago ka magkaron nang $1. Sino ang me advantage sa ganitong exchange rate? Yong mga tiga-labas especially tayo sa America, Middle East, Hong Kong, Korea, Singapore or Europa. Kasi, sa konting $ na padala natin, [...]

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