Why Participate in Pinoytiangge bidding?

I received and email this morning from http://ibid.pinoytiangge.com/ saying that there will be a contest in blogging about why their members are actually bidding for their cool stuffs. Like what I have said, Pinoytiangge.com has really cool stuffs. From gadgets to privileges and all other stuffs, like gift check and bidding points. If anyone of you happen to visit their website and see their auction sale you will probably be amazed with all those gadgets at a penny’s worth you wouldn’t believe. Let’s say an iPhone 5 that’s worth running from 31K to 40K, in Pinoytiangge, you can actually buy it for like Php 50. Aren’t you surprised? People of this generation are technically the ones who are into these stuffs. Hi-end gadgets with amazing features. Too bad, in the real market, you can never buy those stuffs at really cheap price. If you could, it could either be a clone, or defective (but even clone and defective phones are still expensive). In pinoytiangge, you can buy everything at it’s almost FREE prices. Samsung Galaxy Tab 2 10.1" was bought for only Php 1.10. Really crazy right? I know your eyes wouldn’t believe that but it’s actually true. There are still a lot of stuffs to discover and win at http://ibid.pinoytiangge.com/ Don’t miss the chance of saving 99.9 percent of your money!!! God Bless!

 Reblog

Exchange Rate

WEAK DOLLAR OR STRONG PESO?

The dollar to Philippine peso exchange rate is quite low right now.  A lot of people have asked me “What is up with the dollar?”  Or “Why is the peso so strong?”

I don’t think it is as much of the matter of a strong peso as it is a weak

dollar.  Though there is speculation that Bangko Sentral ng Philipinas will raise rates, so far they have not.  This speculation caused the value of the peso to rise a bit. 

source: http://cebuexperience.com/dollar-to-philippine-peso/why-the-dollar-to-philippine-peso-exchange-rate-is-so-bad/

One economic issue is the exchange rate of US dollar to peso. It symbolizes the progress of the Philippines when it comes to economy. As the value of dollar decreases, businessmen and investors in the country could reach a high profit in a short period of time because of the materials bought abroad becomes cheaper. For me, Philippines could be one of the most outstanding countries in the near future especially with this kind of economy combined with enough knowledge to improve the economy throughout the time.

On the other hand, there’s a negative effect on the increasing value of Peso. OFWs and theirs families are the ones who are affected negatively by this economic issue because the money remitted by the OFWs will have a lesser value in peso unlike before. 

I have two cousins and an aunt working abroad and I believe that they are struggling hard to earn money especially now that the value of dollar has decreased. At some point, I could say that the situation could make Filipinos think twice in working abroad.