Noel  wrote:

Mga Kapwa OFW,

Alam niyo pinakamabuit diyan idissolve na ang Kongreso at Senado kasi wala naman mga pakinabang yan. Mas mabuti pa ipadala na rin sila sa kahit saan sulok ng mundo at subukan ding maging OFW,ewan ko lang kung maranasan nila ang ating kalagayan at isumpa rin nila ang ating gobyerno. Lahat naman ng ahensya ng gobyerno lalo na sa Customs, DPWH and DECS at NAIA sana makonsyensya na sila sa mga katiwalian nila dahil hindi nila alam na tayong mga OFW at kapwa nila Pilipino ang nagpapalamon sa kanila.

ikanga e…. Everybody wants to change the world, but nobody want to change himself”

Sgt. Pepper

Al-ain ,UAE


 why make padala pa.. wag na lang magpadala ng bumaba ang piso… let’s continue this practise up to 10 years..ewan ko lang kung lumakas ang piso… …..

 

 


Subject: RE: Why Peso keeps rising

DEAR ALL,

 WHY MAKE IT 1 OR 2 DAYS ONLY. LETS MAKE IT UP TO NOV.5

 John R. Calamlam, B.S.Arch

Architect,

CANSULT MAUNSELL LIMITED.

 Sharjah Expo Centre,
PO Box 27238, Sharjah,
United Arab Emirates.

  

—–Original Message—–
From: Irene Serrano 
DAPAT LANG SILANG MAPARALISA………..

 

PAANO NAMAN TAYONG NAGHIHIRAP PARA SA MGA PAMILYA NATIN SA ATING BANSA. KUNG TUTUUSIN, MAS LALO PA TAYONG HIRAP NGAYON SA PANAHONG SINASABI NILANG “PAGTAAS NG PESO”.

 Best regards,

IRENE G. SERRANO

Dubai, U.A.E.

—–Original Message—–
From: Mr Dick Orense 
 Mga mahal na kabayan,

 

 Gawin natin itong isang sakripisyo para na rin sa ating kapakanan. Sabay-sabay po tayong di magpapadala sa Nov. 1 at Nov. 2.  Puede rin po kayong gumamit ng “ RELIABLE” DOOR TO DOOR NA SERBISYO upang mabawasan ang dating ng dollar sa ating mga bangko sa Pinas at Central Bank. Marami raw ang dollars sa atin at sobra-sobra kaya ang BABA ng palit gawa ng IMPROVING ECONOMY SA ATING BANSA.

 BAKIT PO KAYA PATAAS LAHAT NG BILIHIN AT DI NAMAN BUMABABA. PAMASAHE, BASIC COMMODITIES, ETC.?

 KANINO BANG BUHAY ANG NAG-IIMPROVE?  BUHAY NILANG NASA SENADO, CONGRESO, MALACANANG, CUSTOMS, IMMIGRATION? O KAWAWANG BUHAY NG OFWS?

 KUNG MERON PO KAYONG SUGGESTION, IBAHAGI PO NINYO SA ATING LAHAT PARA ATING KAPAKINABANGAN.

KUNG TOTOONG TUMATAAS ANG ANTAS NG ATING PAMUMUHAY, BAKIT ANG DAMI PANG MAGNANAKAW? SNATCHERS? RAPIST? HOLDAPERS?

 BAKIT ANG MGA COMMUNITY HOSPITALS AY KAAWAAWA ANG MGA KALAGAYAN ANG MGA FACILITIES WALA? MARAMI TAYONG TANONG NA BAKITTTTTTTTT?

 BAKIT ANG BAGONG NAIA MABUBULOK NA LANG DI PA NATIN MAGAMIT??????????????????

SALAMAT PO.

DICK ORENSE

ABU DHABI


From: Mark , Bacus [mailto:M.Bacus@futurepipe.com]

Hindi ako magpapadala during this date. Count me in…. will post a print out sa tourist club area sa mga katabing building namin. Sa mga kabayan natin…

 ———–

From: Henry Condat
Subject: Why Peso keeps rising

 Maganda mga mungkahi na sinasabi ni Mr. Dick Orense….baka maging epektibo nga kung i-hold natin pang samantala ang pagpapadala ng 1 hanggang 2 araw.

 ————–

From: Sent: Monday, October 08, 2007 1:00 PM 
Team,
 
The author clearly explained the real reason of the peso kept on rising and the way he refused to used the word stronger peso or stronger economy. This means that in case we received nothing about our petition, there is only one solution to the problem – cut or no remittance – to neutralize the excess or over supply of dollars.
 
Any comments?
 ———————————-
NO FREE LUNCH
Why the peso keeps rising

By Cielito Habito
Inquirer


MANILA , Philippines–LAST WEEK, Bangko Sentral Ng Pilipinas (BSP) Deputy Governor Diwa Guinigundo was quoted as saying that the uptrend in the value of the peso vis-a-vis the dollar will continue for the rest of the year. This is in spite of jitters from rising oil prices and the credit crunch in the US , and notwithstanding the BSP’s occasional intervention at the spot foreign exchange market to avoid drastic movements.

I agree with the BSP. Let me explain below why.

Confidence interval

We hear of forecasts that see the peso-dollar rate falling to 43 by yearend. Even bolder forecasts have it going down to the 40 level. When asked for my own fearless forecast for the exchange rate, I always point out that even economists like me are not well equipped to make accurate predictions about the level that the exchange rate will settle at within a particular time frame. Not even the most sophisticated mathematical models of the economy can capture all the key elements that go into the determination of the actual level of the exchange rate. I can make a reasonable prediction on the general direction the rate will take, but don’t ask me what the rate will be.

Even if an economist or financial analyst were to give a number, the “confidence interval” of the estimate (i.e. the range of values the number could take with no statistically significant difference) would be so wide as to render the forecast of little use. For example, a confidence interval of plus or minus 5 percent on a P43:$1 exchange rate would mean that it could be anywhere between P41 to P45. And given recent developments, the confidence interval probably couldn’t be narrower than that.

Continuing uptrend

Like the BSP, I believe the peso will continue to appreciate. By the way, I studiously avoid referring to the situation as having a “strong” or “strengthening” peso, because that word tends to convey the misleading notion that the peso’s appreciation is a good thing. Most of us realize that the declining peso-dollar exchange rate is both good news and bad, depending on who’s affected. I have already written before why under current circumstances, more Filipinos are probably hurt rather than helped by the peso’s continuing rise relative to the dollar.

So why will the peso continue to rise? It’s actually a classic illustration of the most fundamental principle in economics, the law of supply and demand. The law simply says that the price of something goes down when its supply increases, or demand for it decreases, or both–and vice versa. The dollar is getting cheaper (i.e., its peso price is falling) because supply of dollars in the country has been rising, while demand for it has also been falling.

Where does the supply come from? Foreign exchange comes in via export earnings, spending by foreign tourists, foreign investments, inward remittances from overseas Filipinos, and foreign borrowings. OFW remittances and foreign investment inflows are bringing in the surge in dollar supplies the most. As of July, $8.1 billion of remittances have already come in this year, a jump of 16 percent over last year’s comparable figure. Net portfolio investment inflows (i.e., “hot” money) came up to $3.3 billion from January to August, more than three times the sam e amount last year. Net foreign direct investment inflows in the first six months rose 16 percent from last year, to $1.2 billion.

Export earnings (including exports of services such as call centers) continue to grow as well, albeit at a slower rate than before–and the slowdown is probably manifesting the expected effect of the appreciating peso. Foreign tourism also continues to grow, with Korea being the top source of our foreign tourists. Meanwhile, continuing foreign borrowings by both government and the private sector also add to the dollar supplies. And with the multibillion-dollar loans being offered to us by China alone, domestic dollar supplies would continue to be pumped up. Interestingly, Thailand has begun to deliberately turn away foreign funding for its major projects precisely to stem the tide of foreign exchange inflows.

Slower demand

But the rising peso is also the result of falling demand for the dollar. Demand comes mainly from importers, and Filipinos who wish to travel or invest abroad. Our imports actually fell in real terms in the first half of the year, dropping 11 percent in the second quarter–which is bad news considering that the bulk of our imports are production inputs, signaling a slower economy ahead. Demand for dollars by outbound Filipino tourists and investors is of far less significance at this time.

 

The supply and demand story thus easily explains why the dollar keeps getting cheaper. And the trends aren’t about to change in the near future. The dollar outlook in the world markets is for continued weakening, especially with the US economy’s current woes and the further easing of US money supply by the Fed. Thus, expect domestic dollar supplies to continue rising. Demand will rise somewhat if oil prices spike up, but it seems that the surging dollar supplies will continue to dominate the picture.

The dollar is at around P45 now. Expect it to get lower for some time to come.



From: Mr Dick Orense [mailto:dick_orense@adu.ac.ae] 
 
Hello Ka Ronnie, Mga Kabayan,
 
Its about time we cut and or stop for a while (a day or two)  the sending of remittance. For those with only remittance as the source of family sustenance, like me, I will have to consider some ways to provide my family back home some remedies while we are not sending for a day (equivalent to one month pay) at least But we must all do it so that the result would be a tremendous set back on the dollar remittance in our country.
 
Another alternative would be for all participating OFWs not to send money on certain dates so that we can see how far we can do it. If it becomes successful then we will wage another “ no sending remittance” scheme again on a particular date.
 
For example : ( Kailangan po dito ay sabay-sabay na di magpapadala, para malaki ang puwersa, di maaaring isa-isa) Kailangan pangkalahatan ito, pero ating paghandaang mabuti para pamilya natin di umasa).
 
1.        NOBODY will send remittance on Nov.1 – All Sainst Day. – Patayin din natin ang pagpadala sa Pinas. One day lang.
2.        Next date :  Bigger Group :  Nov. 2, All Souls Day – Pataying din nating ang pagpadala sa araw ng mga multo este ng mga kaluluwa. One day lang to.
 
According to one of the money changer information, isang oras or dalawang oras lang na walang magpadala, malaking kababalaghan ang mangyayari sa money remittance system.
 
Kung ganun pala, KUNG LAHAT TAYO AY MAGKAKAISA NA WALANG MAGPAPADALA SA NOV. 1 OR NOV. 2, MALAKING PINSALA ANG MANGYAYARI SA REMITTANCE SYSTEM AT LEAST KAHIT SA PINAS LANG, DI WORLDWIDE.
 
Yan lang po ang mungkahi ko. Magkaroon po sana tayo ng paninindigan upang sa bandang huli ay tayo rin ang makinabang.
 
Salamat po.
 
Dick 
 


From: Bernie.T.Cinco [mailto:Bernardo.Cinco@petrofac.ae]
Sent:
TSubject: RE: News article to ponder related to our campaign

 
Hi Ka Ronnie, KA Dick & Mga Kababayan,
We are  roaming around the circle as we are trying to prove the world is not round and square indeed. We had this proposal earlier but we opt to see the outcome of the meeting of your meeting with the president which ended to the VP Ka Noli De Castro.
 
Its simple and I think the author (below script) message is very clear – Hindi napakahirap intindihin “Law of Supply & Demand” otherwise mulit – muli lang mamaliitin ng ating pamahalaan ang kakayahan natin at kapwa mga overseas worker..sayang lang ang ating pinagpapaguran.. gaya ng tulong galling “GMA” (Galing sa Manggagawa Abroad).
B.T.W. walang mangyayari sa ating pinaglalaban, tayo parin ang tunay na angkan ni Juan De LA Cruz.. walang pag kakaisa..Laging ang solution ay nasa harapan at abot kamay lang natin pero ayaw nating abutin, maliban na lang kung isang tanyag na tao ang mananawagan at may instant na kredito ay agad tayong kumikilos..
 
Mga kababayan – para sa atin ito – kahit ba naman sa huling sandali at patak ng inyong pawis na marahil minsan ay may bahid na ng dugo ay di pa tayo magising……ISULONG ang mungkahing ito at Panukala.. Subra sobra daw ang ipinadadala nating Dolyar kaya bumababa ang piso at lumalabas at malinaw na tayo pa ang may kasalanan sa devaluation ng peso to Dollar. BAWASAN NATIN ANG ATING REMITTANCE.. GAYA NG MUNGKAHI NI KA DICK.. Isang sweldo lang na sabay sabay huwag tayong magpadala at bigyan natin ng isang buwan na pagitan at muli tayong huwag magpadala. Abangan antin kung anong idudulot nito at baka sabihin ng ating pamahalaan na ang OFW ay nakakatulong na ngayon dahil hindi na subra subra ang dating ng dolyar sa pinas.
 
  


From: John charles [mailto:oilmann44@yahoo.com]
Sent:
Thursday, October 11, 2007 9:15 AM
 
 
It’s your choice:
 
1. Open bank account in your workplace if not yet done and ONLY REMIT WHATEVER AMOUNT YOUR FAMILY’S MONTHLY REQUIREMENT IS. Huwag magpadala ng sobra. You can always send some more in case of enmergency.
2. Sa mga uuwi ngayon Pasko, huwag magpadala ng dolyar sa unang buwan ng pagbalik sa abroad kung kakayanin at ibigay sa pamilya para may pondo.
Basta palaging isigurado na mayroon nakalaan sa pamilya.
Subukan natin mapababa ang pumapasok na dolyar sa bansa sa panahon ito upang mabigyan pansin at magawan na paraan ng mga nakapwesto na hindi naman yata tama na ang dolyar ay kinita natin sa 46 pagkatapos papalitan lang sa atin ng 45….
Idugtong sa e-mail na ito at ipakalat sa buong mundo lay sang-ayon o kaya mayroon pa kayong mga ideya…

3. Doon po sa mga may dollar deposits, suhestiyon lang na pansamantalang i-pullout ng sa ganon kahit paano ay maramdaman sa banking system ang kakulangan sa pondo ng dolyar.
Salamat po.
Juan

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