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Topic: Philippines will drop as a Country, Economy on its worst! - page 5. (Read 787 times)

hero member
Activity: 2072
Merit: 542
~snip~

-IATF gives a f*ck on letting the motorcycle run again, but what's with the barrier thing? you can be on an accident anytime just because of that, can't see their logic especially if the backrider was your wife/partner

~snip~

Keep your cool bro  Grin.

That barrier thing is not intended for husband and wife, it's for the hard headed individuals that will violate that rules. If only people will obey and follow the guideline that only wife/partner can ride on the back then that barrier is not needed but there is just too many violators here in our country bro. Imagine if there is one "habal-habal" driver that is positive of the virus and there is no barrier in place, that would be disaster.

IATF is a group of intelligent individuals that is trusted by the President to make guidelines in slowing down the spread of the virus and mind you, they too, are tired on the current situation of our country.
hero member
Activity: 2254
Merit: 658
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Remember the late Miriam Defensor-Santiago? Correct me if I’m wrong, but she had authored a “pandemic plan� if she were to be elected as Philippine president rather than president Rodrigo Duterte. It’s just sad that she passed away due to cancer.

If that were being implemented, we could have easily prepared just like in New Zealand, Taiwan, Vietnam, etc. I do agree that our economy is falling due to lockdown and other stringent measures. Now they are taxing online sellers and digital content creators to help recover government’s relief efforts.

However, we are slowly recovering (despite NCR and other nearby provinces are under lockdown for 2 weeks). If we could have prepared early as a third-world country and implemented the late Miriam Defensor-Santiago’s pandemic plan, we could have set a great example to the rest of the world that we could beat the virus once and for all.

For me, full lockdown isn’t really a great solution. If full lockdown was into effect, businesses would go down again. It’s all about balancing both economy and managing health by means of granular or localized lockdowns.
full member
Activity: 882
Merit: 104
With all due respect, how did you say that the PH economy is falling? PH economy, the same as in other countries, is slowly recovering now even bit by bit.

Just because the number of confirmed cases in the PH increases every day, it does mean that the economy is falling. But still, there are lots of opportunities to earn. The food industry becomes hit. Delivery becomes hit. Transport becomes hit. Online selling becomes hit. If the economy is falling you won't see this business. Everyone wants Milktea, Pizza, and various food.

PH is still lucky compare to those 1st world countries that the situation is really worst. PH is not totally at its worst and people have lots of options to make savings. Focus on that and everything will be financially secured.

Help ourself. We don't need to rely on the government. There are opportunities everywhere.
You are really right because if they see other countries the situation there is more worst than Phil. This virus will can affect to anyone even you rich or not,the government do their best to help their countrymen. We cant defend to the government we need to do our side to help them and to help ourselves to be healthy. No one can save to us to this pandemic or virus only ourselves.
legendary
Activity: 2254
Merit: 2253
From Zero to 2 times Self-Made Legendary

https://www.visualcapitalist.com/the-road-to-recovery-which-economies-are-reopening-covid-19/

The majority of countries in Southeast Asia such as the Philippines, Indonesia, Malaysia, Singapore are predicted that if it cannot boost the economy in Q3, the potential for depression is more apparent. The problem faced by the Philippines government and the majority of countries in Southeast Asia affected by corona is the lack of liquidity, so each sector can calculate but there is no money in the safe. Like a weapon ready in the cock but the bullet is not there.

The government also widened the budget deficit caused by rising costs of national economic recovery due to pressure from the pandemic. With this condition, the government also took various steps to be able to finance the deficit needs. This is because current state revenues are also incapable because they are under pressure. The solution taken is generally through foreign loans because it is considered easier and cheaper than issuing state securities. Though often poor debt management and cause new problems later on.
legendary
Activity: 2114
Merit: 1147
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We have the worst Government in this time of Pandemic, It's not all about the President but the Government as a whole.
what can you say about our situation for being the worst and also as the leading country on ASEAN that has a high  number of Covid Cases.
It's been months already and yet, jnstead of recoveries we are getting most of it, and our economy is already falling.
I'm assuming your "worst" comment is directed to how the Government has handled this ongoing pandemic and not other things. We started quite slow, and no other than the President admitted that, but that's mainly because we weren't ready in terms of facilities and equipment against pandemics. No previous Governments had taken the initiative to bolster our healthcare facilities before this current administration took over. We didn't even have an agency set up like the USA's CDC (Center for Disease & Control Prevention). Another reason why the slow start is the fact that we still belong to the 3rd world and we were not a top priority when it comes to acquiring PPEs. Because of the global shortage, Manufacturers/Suppliers prioritized selling PPEs to top nations (they most likely paid higher $).

When it comes to making decisions and policies based on the what the Government had at the time, I think ours had one of the best team (IATF and not DOH) considering the resources that we had. Someone was patient enough to summarize what actions the Government did and I'm sharing the data below.

Travel Ban:
We had the first case reported on Jan. 30 and the Government banned travels from China (including Macau & Hongkong) on Feb. 2 in response. If we compare that to other countries, we are rather quick.

CountryFirst CaseTravel Ban
VietnamJan. 23Feb. 1
JapanJan. 16Feb. 1
ThailandJan. 13Mar. 11
SingaporeJan. 23Jan. 29
PhilippinesJan. 30Feb. 2

First local transmission was recorded on March 5. The president declared this as a national health emergency on March 9.

Lockdown/Quarantine:
March 11, World Health Organization (WHO) declared COVID-19 as a global pandemic. Philippines' NCR was lockdown on March 15 while National lockdown was on March 17. Comparing it to the above countries again:

CountryLockdown date
VietnamApr. 1
JapanApr. 7
ThailandApr. 3
SingaporeApr. 3
PhilippinesMar. 17

The Philippine Government made a sound decision with the early lockdown to delay the spread and allowing our healthcare system to cope up (more PPEs, more equipment, more infrastructure has been bought/built since then). There are some people questioning why it wasn't done earlier (January) but can the Government really take such an abrupt decision without weighing in its economic impact? It's not that simple. Besides, there's WHO whom majority of countries based their decisions like what our Government did.

Despite all of that, our cases keeps on increasing unfortunately. It's a combination of poor implementation, lack of money and yeah - citizen's stupidity that's causing it. With businesses slowly opening and public transportation increasing, the spread will only continue. Thankfully, the President listened to the call of some of our medical practitioners to go back to MECQ and give them a much needed "breathing space".

When it comes to the economy, it's not "falling down". It has fallen down and it's on its way to (slow) economic recovery. Our country won't drop as we still have a good team of economic managers. Business stimulus program/package are also being discussed to allow our business sector get back on its feet. The Government also continues with its infrastructure programs (BBB) while fighting the pandemic. As much as I'd like to continue discussing the economic side (loans, GDP, etc.), I'm afraid it's not my area of expertise yet. I understand the basic but I would rather encourage you (and the others in this thread who are quick to draw conclusion w/o actually checking stats & figures) to read.



sr. member
Activity: 1036
Merit: 294
<...>

As your fellow kabayan, I actually agree with you man.

We've now breached 100,000 cases (103,000+ now) in the entire country. And just tonight, president Rodrigo Duterte announced that NCR (includes Metro Manila), Bulacan, Laguna, Cavite and Rizal will revert back to Modified Enhanced Community Quarantine (2nd to the strictest quarantine level) until August 18th.
It's really alarming. Day by day, the number of positive cases increases and not just by hundreds but thousands of additional ones. There are times when I'm envious with other countries because they're already recovering or they're really controlling their situation well. But us? Our situation is getting worse.  Cry


Our government is so incompetent, even Department of Health Sec. Francisco Duque III's controversial announcement of 38k+ recoveries in a single day. Decisions are so slippery, even our respective local government units. Instead of uniting as one, they're still divided because of different political agendas such as ABS-CBN TV network shutdown, etc.
Indeed! Incompetent is just the right word. Instead of focusing on the health crisis, their attention is on other problems which can wait, like the shutdown of one of the biggest network in our country. Then there's this one Senator who thinks that our health workers are not doing their jobs well. Maybe she should tell that to herself.

Let's just pray to our modern day heroes (especially health workers). They're really tired now in treating new COVID-19 cases in the country. Keep safe kabayan! 
They are indeed tired from all of these. The help that we could give them is not to add more patients to cure. Let's all stay healthy and stay safe.
sr. member
Activity: 1638
Merit: 300
Let's just pray to our modern day heroes (especially health workers). They're really tired now in treating new COVID-19 cases in the country. Keep safe kabayan! 

Then Sen. Cynthia Villar wants our modern heroes to work their ass out without resting and still saying they need to do their job well like she's doing any good in this pandemic. It is really annoying when she talks like this like what she said about our nurses especially our farmers.

Article here.
hero member
Activity: 2254
Merit: 658
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(I am a Filipino citizen)

We have the worst Government in this time of Pandemic, It's not all about the President but the Government as a whole.

what can you say about our situation for being the worst and also as the leading country on ASEAN that has a high  number of Covid Cases. It's been months already and yet, jnstead of recoveries we are getting most of it, and our economy is already falling. Or in other words, how will you react if you're one of us staying on the same country...


As your fellow kabayan, I actually agree with you man.

We've now breached 100,000 cases (103,000+ now) in the entire country. And just tonight, president Rodrigo Duterte announced that NCR (includes Metro Manila), Bulacan, Laguna, Cavite and Rizal will revert back to Modified Enhanced Community Quarantine (2nd to the strictest quarantine level) until August 18th.

Our government is so incompetent, even Department of Health Sec. Francisco Duque III's controversial announcement of 38k+ recoveries in a single day. Decisions are so slippery, even our respective local government units. Instead of uniting as one, they're still divided because of different political agendas such as ABS-CBN TV network shutdown, etc.

Let's just pray to our modern day heroes (especially health workers). They're really tired now in treating new COVID-19 cases in the country. Keep safe kabayan! 
member
Activity: 1041
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(I am a Filipino citizen)

We have the worst Government in this time of Pandemic, It's not all about the President but the Government as a whole.

what can you say about our situation for being the worst and also as the leading country on ASEAN that has a high  number of Covid Cases. It's been months already and yet, jnstead of recoveries we are getting most of it, and our economy is already falling. Or in other words, how will you react if you're one of us staying on the same country...

Government can easily be replaced. Just wait for next elections. World also Philippines will have a way bigger problems next year then is covid-19.  Economic and social crisis.
I don't think so if Philippines government recover easily from this pandemic because the number of positive cases increase everyday. But we do pray,i know God is more powerful that covid 19 virus. Although you might be right that if the present government replaced by newly one ,i think it will be more worst than this time.
legendary
Activity: 1568
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The Philippines has an inflation rate of 5.2% which would have been worrying for a developed country, but since it is a developing country where higher inflation rates are normal, at least the value of their money won't go down anytime soon. Their economy is growing right now so this won't happen as long as they don't cut interest rates.

It also has an unemployment rate of 2.5% which is much better than a few developed countries like UK and US (though I'm sure this number is much higher now because of layoffs). I'm interested in knowing how many people were laid off in the Philippines because of covid.
hero member
Activity: 1722
Merit: 528
.. will again order a lock down but I guess they can't afford it anymore, the economy will certainly collapse as it's in serious trouble already.


Issuing a lockdown might be the worst of it.

The most annoying about this increasing cases is the project called "Balik Probinsya" in which people working from Urban places will be able to go to their provinces but the problem is that most of them are asymptomatic and brought the virus in these provinces that doesn't usually have cases of the virus.

Then some of these people are not actually following the protocol of self-quarantine amd just doing things they wanted to do like there is no pandemic whatsoever.
hero member
Activity: 3052
Merit: 606
Worst is about to come if it has not happen yet.

Look at the record now.

Philippines’ COVID-19 tally breaks 100,000 mark, as country sets new record high increase for 4th day

Over 100k now, that was so fast right? just recently Philippines surpass China's record but the record is increasing so fast now.
The effect of this is really bad, I don't know if the government will again order a lock down but I guess they can't afford it anymore, the economy will certainly collapse as it's in serious trouble already.

Philippines are just choosing which poison it will take now, there's no chance to recover unless the vaccine will soon be out in the market.
full member
Activity: 2394
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The government is more focused in "improving" the economy by not bringing back the more strict quarantine procedure which would restrain the citizens not to go outside, but the outcome seems to be the opposite of their expectations.

Exactly. the government are trying to keep the economy surviving while taking the risk of
allowing people to go outside.
The problem with it, even the government are asking to use protective gears, there are
still lots of people who are not taking it seriously.
You can still see those neighbors talking outside the house without using any facemask.

Since its citizens are more allowed at this moment, the cases quite doubled for the previous month, and the healthcare sector could not handle the situation more. If i would be asked, I would refer having a full month of restrain not to go outside.

I agree to that, if taking the chance to handle this, I will also take a month of complete lookdown
and try to use that timeframe to trace  those infected people.


But this would only be possible if the government would make it possible to fulfill the needs of each of its citizens for that interval in order for them to not go outside.

Debt is already their so it's for the government to take the full responsibilities to shoulder the
economy while trying to contained those affected people.

Sad to say but, their lack of support regarding financial needs are the main thing which "forces" them to go outside, except to those who are just more privilege which are still doing their daily life as if nothing is affecting others.

The government needs to have direct system in order to make this things to workout, getting
help from local government are only worsen the process,
Those people in power are too greed to think about helping, instead they are busy thinking how
to be compensated with the government funds.
legendary
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The economic status of the Philippines as a country right up to this moment seems to be on a poor performance. Well, what do we expect, almost all countries facing and have strongly affected by the pandemic do also experience the same thing even the rich and big country like US have a struggle on its economic standing because of the effect of this pandemic. So if a big country like US is having a poor economic performance amid with the existence of pandemic, what more can we expect into a small country like Philippines which have an over populated and crowded living mass area. That will totally tolerate the wide spread of virus making it turn to a worse scenario.

There is a faulty on both the government and the people on fighting back against this pandemic so no one must be pin point to claim all the blames. The government at the first phase of this pandemic have been advised to close down the borders not to allow international flights to come in to avoid the entrance of the possible covid-19 carrier but they ignore to make that happen. Also, they implemented community quarantine and lockdowns even without clear plans on how to deal with the loss of job due to temporary closure of business establishments as one of the precautionary measures to prevent the spread of virus. There is a faulty on the response done by the government for it have taken a slow response. Up to the very recent issue that the health department released a report of 38,000+ number of recoveries which involve even asymptomatic and mild symptom patients which can gradually be potential to carry the virus.


On the part of the citizens, they tend to complain more tha to obey. Their attitude of being hard headed and not following the health protocols being implemented turn things to get worst. Obviously, there is no decent understandinf between the government and the people that is why this thing results to a worst scenario which seriously affect the economic state of the Philippines.
member
Activity: 2044
Merit: 16
Don't put all the blame to the government on what we are experiencing right now on times of pandemic, in fact filipino citizens should also be into this blame as well because they are hard headed and don't know how to follow protocols that urged by government to stay home, yet they go outside like nothing happens at all even hard lock downs already implemented that's why covid positive is multiplying like wildfire. There are some lapses by the government but they are not perfect as well, they make mistakes but they are making up to it to make this pandemic end and citizens should also support what ever the mandates will be made.
sr. member
Activity: 1274
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The government is more focused in "improving" the economy by not bringing back the more strict quarantine procedure which would restrain the citizens not to go outside, but the outcome seems to be the opposite of their expectations. Since its citizens are more allowed at this moment, the cases quite doubled for the previous month, and the healthcare sector could not handle the situation more. If i would be asked, I would refer having a full month of restrain not to go outside. But this would only be possible if the government would make it possible to fulfill the needs of each of its citizens for that interval in order for them to not go outside.


Sad to say but, their lack of support regarding financial needs are the main thing which "forces" them to go outside, except to those who are just more privilege which are still doing their daily life as if nothing is affecting others.
hero member
Activity: 2548
Merit: 666
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I, too, am a Filipino citizen.

Of course, I won't say this government is the worst but I sure would say that this is a bad government with or without pandemic. The problem about bad governments like ours is that it worsens when bigger problems arrive.

But we are not the leading country in terms of COVID-19 cases in Southeast Asia. We haven't yet entered the 6-digit threshold while Indonesia has already surpassed 100,000 cases. In fairness, our recovery of 65,178 out of 93,354 overall cases is 69.8%.[1] That is not hopelessly bad considering that the surge in cases has greatly increased just lately. And our mortality rate remains at a little more than 2%.[Ibid.]

On the overall, though, I would consider our approach terribly wanting. For one, there seems to be very low sense of urgency among those at the top. Another is that we are too centralized in our approach despite the fact that we are an archipelago, with islands locking down on their own, and with cases greatly varying from one to another.

In terms of economy, we are just slowly recovering. We are now gradually opening up economic activities all over the country. And I guess we are not the worst hit country in terms of the economic effect of COVID-19.

[1] https://www.csis.org/programs/southeast-asia-program/southeast-asia-covid-19-tracker-0
AFAIK, that 65k includes people with mild symptoms or are asymptomatic. They aren't really recovered, our DOH just pushing absolute bs information so that recovery numbers would spike up which is stupid ngl. People are losing hope with the government, and maybe as well as to its fellow citizens, but other than that, the economy is recovering albeit slowly like you said. Economic activities are pretty active, a lot of small time shops (e-commerce ones) have started opening up pages in facebook and started selling a lot of stuff. There's still the idea of even with the pandemic, a lot of people are still eating out, buying groceries and the like, what with the limits removed.

All in all, as far as I know, PH hasn't really shown any problems with it's economy, but it has a huge problem with its govvernments and its citizens. Just the recent issue with frontliners asking for another ECQ and the government giving out stupid answers is enough for me to give up hope.
legendary
Activity: 2422
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Chancellor on brink of second bailout for banks
If you have any money left then start buying gold or cryptos because the value of fiat is going to get a big hit if the economy falls rapidly.
If I'm one of those people who are struggling right now, I don't want to buy any assets right now. Right now, it is a survival game where people need to survive in order for them to live another day. This isn't a good advice TBH because people right now needs cash and not assets like gold and cryptos.
we can't do anything if we don't have money that is why it is always important to save some money on the form of savings before making any investments.If we don't have any money then it is going to be hard for sure, our life style will take a huge leap due to pandemic post economic crisis it may hurts but that't the reality.
Well, this is the part where I agree with you Smiley

That is the problem of most of the Filipino Citizen right now. People doesn't have any money saved in banks or in their piggy banks (alkansya as we said). The problem with us is that when we got our salary, it looks like we are a one day millionaire and we will spend most of our salaries doing unhelpful things like drinking in the bar or spending it by buying some useless things.

Another problem too is the salary itself. The prices of commodities and daily needs of people are going expensive while the salaries of the employees are still the same. The recent wage hike in NCR isn't enough to sustain the  needs of the family unless they are just a small one. This is why people doesn't have any savings on their hand.

Making an investment isn't that hard as long as we have the money to use for it but with this 2 problems that we are facing right now, it looks like they will be the ones to suffer in times like this. Anyway, this must serve as a lesson for those who are suffering right now that they must have emergency funds to be used in times like this.
legendary
Activity: 3122
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Imagine you're just selling for a mere Php100-1000 and you still need to register and pay tax? That's insane IMO!

The tax was just for online sellers that earning over Php 250,000. It's like a business with no permit so I'm favored to that. It's unfair to those small store owners that paying for tax and then those big online sellers can freely lurk away to it.

There is no registration needed for small online sellers.



About the topic, it's not just the government that should be blamed for this. I'm on the road everyday especially during the implementation of lockdown in Manila and I see that many people don't really follow the stay-at-home protocol. Lots of places in Manila treating the virus lightly. Lots of children play outside.

I'm not that blind though about the shitty act of DOH, IATF, and DILG but if we will just put our future in their hands, we will all be doomed. Right especially at the start of lockdown, my family did some financial planning in case of a big emergency.

Be positive guys, not with the virus but for ourselves. Let's hope for the best.



Honestly, people in the Philippines are disorganize and stubborn when it comes to the rules and regulations about this pandemic and they don't even follow those simple protocols of social distancing and wearing of face masks. Even those government officials who violated the rules didn't receive any punishments, that's how broken the government here.

The sad truth - majority here are intelligent.
legendary
Activity: 2730
Merit: 1288
(I am a Filipino citizen)

We have the worst Government in this time of Pandemic, It's not all about the President but the Government as a whole.

what can you say about our situation for being the worst and also as the leading country on ASEAN that has a high  number of Covid Cases. It's been months already and yet, jnstead of recoveries we are getting most of it, and our economy is already falling. Or in other words, how will you react if you're one of us staying on the same country...

Government can easily be replaced. Just wait for next elections. World also Philippines will have a way bigger problems next year then is covid-19.  Economic and social crisis.
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