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population

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Everything posted by population

  1. Weekend Breakfast Buffet at either Rosario's or Balay Dako.
  2. The Food Court at Solaire North serves better prepared and quality food compared to their Fresh Buffet upstairs at the 6th floor where the tendency to prepare and mass produce food ahead of time in anticipation of the surging crowds of customers specially during weekends usually results in deteriorating quality and standards. Add to this also the tendency of f & b establishments nowadays across all price points to cut overhead costs by utilizing cheaper though not necessarily quality ingredients in preparation/cooking and hospitality/culinary students as temps or interns without the accompanying stringent kitchen supervision and management of these neophytes and the end result is a disaster waiting to happen. I'm actually surprised nobody has complained or aired any case of mass food poisoning given what they are currently doing. A friend of mine recently had his weekday lunch at a prestigious five star hotel (whose establishment name I will not mention) where there was a buffet and he had the unfortunate experience of being served what was clearly undercooked Japanese style chicken karaage when he took the precaution of slicing thru the meat before eating it only to found out what he did not expect. Adding to his disappointment was being served supposedly steamed pompano from the "fresh seafood section" that was not even adequately and thoroughly steamed by these so called culinary professionals. If this is the kind of service we get nowadays considering the king's ransom we have to pay just avail of their so called superior dining facilities and fine ambiance, then I can only shake my head and wonder what the type of and quality of food and service to their patrons must be like during the weekends when such places are usually filled to the brim entire families and other types of group diners. God help us all if anything untoward happens.
  3. The biggest individual investor who is bullish on bitcoin is Larry Fink of BlackRock Inc., the world's largest asset management co. based in New York.
  4. The brains behind Philequity is Mr. Wilson Sy of Wealth Securities who is a long time veteran of the Phil stock market. MInsan napapisip din ako as to who will take his place once he retires for good just like everybody else since medyo may eded na din sya.
  5. Ingat lang pipol. The PSEI Index just went down below the support level today. Technical indicators are weak while fundamentally the economy is reeling from the persistently stubborn inflation we have been experiencing for many months now. Unless global interest rates begin going down spearheaded by the US Fed and followed by central banks elsewhere around the globe including the BSP, I find it hard to see how the local stock market will be able to regain its former vigor. Dito sa atin, the inflation issue is caused by supply side problems due to weak local agricultural production resulting in high food prices (a big component of our consumer price index or CPI) since majority of the food (and non food items) we consume is imported from abroad and therefore expensive once supply shocks like weather disturbances, climate change and geopolitical instability (i.e. War in Ukraine, the Middle East, etc.) are taken into account. Kaya no amount of interest rate hikes by the BSP will solve our inflation problem with the only solution being to increase our own local production with the active support of the Dept of Agriculture although this is largely a medium to long term solution with no quick fixes or instant miracles for those who are expecting overnight resolutions. Patience and persistence is the key. I recently had a conversation with a top executive of one of the country's biggest banks and he told me two of the main items they are closely monitoring are the prices of rice and sugar (both of which we import in huge volumes) since malakas tayo kumain ng kain at mahilig tayo sa matatamis na bagay. Kaya pag sumipa presyo nun dalawa at tumaas na naman ang inflation babagsak ulit ang stock market kasi inflation and high interest rates have a negative effect on the stock market and business in general.
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