SHOULD HIGH-PRICED PROPERTIES HOLD YOU FROM INVESTING?
Marvin Germo » Economic Progress | Philippines Economics Blog
by Marvin Germo
5y ago
Is It Still Practical To Buy Properties? Today, properties are either priced too high or too far from the cities where businesses are booming. Since we are in an era where real properties are costlier than any other types of investment, this question arises—is it still practical to buy properties? The answer is yes. Buying real property is not an expense but an investment. The value of the real estate will continue to increase and if you think today is not the practical time to buy, when will it be? Will you let the prices hold you from starting your investing journey? Should this be an excus ..read more
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CALCULATE THE RISKS YOU SHOULD TAKE WHEN INVESTING
Marvin Germo » Economic Progress | Philippines Economics Blog
by Marvin Germo
5y ago
Risks Are Inevitable You can only avoid risks if you don’t invest, but that’s not a brave thing to do if you want to get rich through passive incomes. Risks are unavoidable and you will have to face it from time to time. Investors experience different levels of risks. Not everyone has the same level of tolerance so it’s just normal to see a distinction from an investor to an investor when you venture into the investment industry. Now the question is, how much risks should you take when investing? Can you control the risks you are about to face? Is there a way to minimize it? There are a lot o ..read more
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SMB EYES TO SPEND $70-M FOR A NEW BREWERY
Marvin Germo » Economic Progress | Philippines Economics Blog
by Marvin Germo
5y ago
A New Plant In Vietnam San Miguel Brewery, Inc. (SMB) is planning to allocate at least $70 million in order to establish a new brewery that will be located in Vietnam. According to the company, they are currently doing a market study to see if the location and the opportunity really fit their target. The sole purpose of this project is to align its production to the demand for the products of the company, particularly in Southeast Asia. The firm also explained that if they are going to build a new plant, it should be at least two million hectoliters, which will undergo thorough research. Let ..read more
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TOP SECRETS TO BECOME RICH FOR LIFE
Marvin Germo » Economic Progress | Philippines Economics Blog
by Marvin Germo
5y ago
Becoming Rich Is A Process You always have to undergo the right process. Becoming rich doesn’t come easy and it doesn’t get to everyone. Yes, a lot of people are dreaming to get wealthy but not everyone is ready to take the risk. Just imagine the struggle of the people who are earning billions now. Do you think they got the billions on hand in a snap? Do you think they didn’t suffer from losses and ignorance in investments? They were once just like you who are wondering how you can attain that financial freedom while you are facing financial challenges in life. Now the question is, how can y ..read more
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WAYS ON HOW TO ACQUIRE YOUR OWN REAL PROPERTY INVESTMENT
Marvin Germo » Economic Progress | Philippines Economics Blog
by Marvin Germo
5y ago
The Emerging Real Estate Industry At the end of 2018, the outlook for the real estate industry in our country remains positive. The greatest contributors to this growing market are the increasing demand of BPO sector for real estate spaces and the growing real estate stakeholders including the space operators, or what we know as landladies and landlords, and technology companies. If you can observe, it’s not just the market here in Metro Manila that is continuously expanding but the commerce in provinces as well. If you’re an investor and you want to start investing in real property, I will ..read more
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THE ACQUISITION OF HOLCIM WILL LEAD TO LOWER PRICES OF CEMENT
Marvin Germo » Economic Progress | Philippines Economics Blog
by Marvin Germo
5y ago
Lower Cement Prices   San Miguel Corporation’s (SMC) recent acquisition of the majority stake in Holcim Philippines is expected to lead to lower prices of cement in the country. More collaboration and economies of scale are expected afterward which in turn will affect the current cement prices. Although it is a major event in the industry already, we are still considering the fact that there will be market segmentation and let’s not forget the emerging brands that could offer competitive prices just like any other industries. To add extra information on this, the country continues to import c ..read more
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IS ELECTION SIGNIFICANT TO THE ECONOMY AND INVESTORS?
Marvin Germo » Economic Progress | Philippines Economics Blog
by Marvin Germo
5y ago
During The Election Period Election doesn’t happen all the time and this period only comes every after 3 years. Now, the question is, does it have any significant effect on our economy? Does it affect the decisions of investors? Does it contribute to the betterment of the companies in the country? During the election period, the economy is boosting due to major reasons in relation to the election. The economy’s performance is higher during this timeline compared to when the hype of the voting event subsides. And now that the National Election 2019 has passed, let’s take a look at the major f ..read more
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GTCAP REPORTED 8% DECREASE IN PROFIT IN QUARTER 1
Marvin Germo » Economic Progress | Philippines Economics Blog
by Marvin Germo
5y ago
GTCAP Profit During The First Three Months  GT Capital Holdings, Inc. has generated a profit 8% lower than last year. During the first three months, it reported a net income attributable to parent of P3.42 billion, lower than the P3.74 reported in 2018. The lower sales from it property and auto segments triggered this downward trend in the firm’s performance. Its real estate and automotive performances are causing slow growth in the revenue. But since it’s just the first quarter of the year, should investors be worried about this report? Let’s take a look at its segment’s performances. Catch ..read more
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PAL IS SLOWLY RECOVERING AS FUEL COST DECREASES
Marvin Germo » Economic Progress | Philippines Economics Blog
by Marvin Germo
5y ago
After A Challenging Year 2018 has been a challenging year for the local airline companies in the country, including PAL and Cebu Pacific. Good thing the first three months of 2019 have brought opportunities for these airlines to recover and have their passenger volume grow. During the first quarter of the year, PAL Holdings, Inc. was able to cut down its net losses from P1.11 billion to P383.17 million. The loss is still there, yes, but we can’t ignore the fact that the resilience of the company is a big factor why they are slowly recovering. Let’s take a look at some major key points that h ..read more
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GDP SLOWS DOWN TO 5.6%
Marvin Germo » Economic Progress | Philippines Economics Blog
by Marvin Germo
5y ago
Slowest GDP For The Philippines During the first quarter of the year, the Philippine gross domestic product (GDP) stood at 5.6%, which is considered as the worst performance compared to the past results. The reported GDP is lower than the previous quarter’s 6.3% and 2018 first quarter’s 6.5%. If we take a look at the estimate of Business World’s poll of 20 economists in the past week which is 6.1% and the government’s target this 2019 at 6-7%, the difference from the current GDP is significant. For the previous 16 quarters, this is already considered as the slowest growth or since the econom ..read more
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