The Shale Gas Revolution and the Philippines

I believe that the Shale Gas Revolution and reducing energy price are good to Philippine economy.

In comparison to China, the Philippines failed to develop manufacturing industry because of lack of infrastructure. The Philippines has developed service industry like call-centers and English language schools.

Service industries in the Philippines requires educated human resources. However, employment for many uneducated people is insufficient. It can be said “anemic”.

I hope Philippine politicians will make the use of the chance that will come with the US economy flourishing by the Shale Gas Revolution. Filipinos can get jobs which are contracted with American customers.

The Shale Gas Revolution and China

Shale is a kind of rock which exists in deep underground and it contains natural gas. No one could ever get gas from shale before, but Americans have developed the way to obtain it. The US will use the gas and quit importing crude oil.

This is what you called, “The Shale Gas Revolution”. Shale gas reduces energy prices. There are three forecast about the US and China economy correlated with it.

One sees that reducing energy price removes restraint on economic growth of China. China can get energy at low price and raise their economy. It will also raise America’s economy as well.

Another sees that the reducing energy price makes manufacturing industry grow again in the US. It means that manufacturing industry will come back to the US from China. China’ s economy will go bust.

Other sees the Shale Gas Revolution overestimated its role. Jim Rogers said that it won’t affect the world economy so much.

It’s hard to know which opinion is right. Especially, I want to know about momentum of China’s economy. I think Chinese economy will rise by the Shale Gas Revolution because Chinese politicians seems to prepare for it. They are committed to a consumption-led economy. I believe it is a good opportunity to invest in China.

Investment services at HSBC Hong Kong

I've applied for investment services at HSBC Hong Kong. The following is my questions and the relationship manager's answers.

(1) Which investment products are included in my total relationship balance. I want to know about company stocks, unit trusts, FX and gold. Is the deposit of FX included in? -> Yes.

All investment products are included as today's value.

(2) How much are the maintenance fees for investment accounts of company stocks, unit trusts, FX and gold? 

Different maintenance fees for different products, will discuss with you when we meet. 

Company stocks

If you have no stocks, there is no charge for HK stocks. -> I've opened.

You will be charged 5 dollars per month for US stocks. -> I don't open for a while.

Unit trusts

No maintenance charge. It charges an initial charge.

FX

No charge. You can already trade it.

It just exchanges foreign currencies without leverage.

FX is different from margin FX at HSBC Hong Kong.

Margin FX leverages its deposit.

Gold

No charge. You can already trade it.

(3) Can I use the iPad application that tells me an economic outlook?

No. It is an iPad application for HSBC Private Bank.

HSBC Premier is different from HSBC Private Bank.

Baldness treatment

A friend of mine suffers from baldness. He is a barber. He need to show he isn't bald. He combs his hair in order to pretend his hair is thick. His skill as a barber is useful to do it.

http://www.breakingnewsenglish.com/1310/131025-baldness.html

I wish this treatment become affordable for him. Because he is poor.

A zumba lesson in Cebu

I've studied English at a language school for one month. It was last September. At the school I also had a zumba lesson. It was held once a week. But I often got sick in the latter part of last September. So I could have only one zumba lesson.

The teacher of zumba lesson was a bakla. He or she danced like a woman. It was sexy. Students at the lesson were girls except me. The dance suited girls, but it didn't me. I was weird.

Filipino people are open to gay or lesbian people. Of course I am. But, most of Japanese aren't. Most of us are closed to minorities. I wish Japanese become open to minorities.

SIM cards in Cebu City

We can buy SIM cards on the sixth floor of the Metro Department Store in Ayala Center in Cebu City. We can load value into a SIM card there too.

Network in Cebu City

In Cebu City at 22:41 on September 10, Globe doesn't work, but Smartbro do. Globe is usually work well and faster than Smartbro. Network in the Philippine has often problems when it's rain.