Free Essay

Effects of Social Networking Sites to the Study Habits of Students

In: English and Literature

Submitted By carlmoises
Words 715
Pages 3
The Philippine peso appreciated to its highest value in three years. The appreciation of currency yields some positive and negative effects to the economy of the country. Some economists have asserted the fact that a strong peso is clear evidence that the confidence of the business investors have returned to the Philippines. The influx of foreign portfolio investment was the direct cause of the remarkable performance of the country’s currency according to the Central bank of the Philippines. According to BSP Deputy Governor Diwa Guinigundo, the reason of the increased foreign investment was due to the preference of most investors to invest their business in emerging Asian economies like the Philippines. This preference for an Asian market is due to the recent global recession and the high debts that the United States and European nations are undergoing.
"Advanced economies appear to be moving backward.. Any logical direction of investment inflows is toward the more robust and promising emerging markets," Guinigundo stated this during the launching of the latest World Investment Report by the United Nations Conference on Trade and Development (UNCTAD) on Tuesday.As of June 17, the net inflow of foreign portfolio investment is US$ 136.68 million which is comparatively high than the net inflow of only US$2.40 million during the same period in 2010.During Tuesday the trading closed at 42.225 Philippine pesos against 1 U.S. dollar, up by 16.5 centavos from Monday's finish of 42.39: 1 dollar.The Philippine pseo peaked to 42.11: 1 dollar, the highest value that was ever recorded since May 2008.
Guinigundo said that besides the faster economic growth rates in the region, higher interest rates in Asia also helped entice foreign portfolio investors to put their investment here.
Interest rates in emerging Asia are rising while those in the West, led by the United States, are still at record lows.
During the past two years, the Philippine peso has been one of the strongest currencies in Southeast Asia.
Aside from the inflow of portfolio and foreign direct investments, the rise in the peso was also caused by increased dollar remittances from overseas Filipino workers (OFWs) and the deterioration of the U.S. economy, the Philippines' number one trading partner.
According to Sen. Ralph Recto, chairman of the Senate committee on ways and means, the peso could even appreciate up to 34 pesos to 1 U.S. dollar this year.
A situation like this would put the Philippine government in a quandary. Peso appreciation would mean a reduction of the country' s debt servicing as well as reduction of prices of imported commodities.
However, this appreciation will also reduce the purchasing power of the dollars that OFWs send to their families in the Philippines. It would also mean that Philippine exports would be less competitive abroad and the income of exporters would be diminished.
Already, exporters from all over the country have cautioned about the implications of a strong peso on the export industry.
An earlier report by the state-run Philippines News Agency quoted Roberto C. Amores, president of the Philippine Food Exporters and Processors Organization (PHILFOODEX), as saying that a strong peso is "bad for the exporters and bad for domestic manufacturers."
"Definitely, we will again lose competitiveness vis-a-vis our Asian neighbors. This will cause massive unemployment, factory shutdown and serious displacement as cheaper imports flood the local market," Amores said.
Amores also said that portfolio investment is not a reliable gauge of economic growth of the country because it can be withdrawn from the market anytime.
Earlier, President Aquino has announced the release of 100 million pesos (2.36 million U.S. dollars) in export support fund ( ESF) to help the export industry cope with various pressures like the strong peso.
Philexport President Sergio Ortiz-Luis has said that in spite of the decline in May exports, they are not changing their export target growth of 10 percent for 2011, adding that they "expect higher figures starting the third quarter."
But in an earlier briefing, Ortiz-Luis also bewailed the government's peso-dollar exchange rate policy. "A major stumbling block in sustaining export growth is an exchange rate policy that has always been biased in favor of a strong peso," Ortiz-Luis said.

Similar Documents

Premium Essay

Effects of Social Networking Sites to the Study Habits of Students

...CHAPTER 2 REVIEW OF RELATED LITERATURE AND STUDIES This study aims to know on how Social Networking Media “FACEBOOK” effects the study habit of the college students nowadays. According to the article “The Effects of excessive use of facebook to the Study Habits of BC25 students of Suniversity”, it say’s that students can easily communicate with one another.Communicating to other people can be easy by using facebook eventhough a person is miles a way from you, and through this they gain new friends.But still facebook had its bad effect on the part of the students, Facebook has become the biggest distraction for students when trying to get homework done. Students using facebook most of the time would end up getting lower grades. Paul Kirschner, author and professor at the Center for Learning Sciences and Technologies at the Open University of The Netherlands, say’s that "The problem is that most people have Facebook or other social networking sites, their e-mails and maybe instant messaging constantly running in the background while they are carrying out other tasks, the students who used Facebook had grade point averages of 3.06, which doesn't seem too bad when the scale goes from 0.0 to 4.0.However, those who turned off the social media network when it came time to hit the books had a typical GPA of 3.82. In addition, non-users also said they studied more often...

Words: 841 - Pages: 4

Premium Essay

Effects of Social Networking Site to the Study Habit of the Students

...MT. MORIAH CHRISTIAN ACADEMY The Effects of Social Networking to the study habit of the High School Students in MMCA school year 2011-2012 Aira Joy R. Jabay Chapter 1 The Problem and Its Background Introduction Internet is very influential to the students. The young generation as well as adult are becoming keen in internet. They use it everyday in communicating with their friends and relatives, researching for their assignments, projects, and report, playing games, and downloading music. It is a way to enjoy everyone who is looking for stress free recreational activities. Social networking sites is one the factors that influences the high school students academic performance. Website is a collection of related web page which contains images and videos. Like some Social Networking namely; facebook, twitter, tumblr, myspace, et.al. Facebook is the most popular Social networking sites which is active 24 hours. There are more than 800 million facebook active users. Philippines is in the 6th place in the usage of the site which is more than ½ of our population is active using facebook. Facebook is very entertaining social networking site because of games, chatbox (like yahoo messenger), and many more. Some students are addicted facebook users because it is influencial to the mind and user friendly. There are some advantage and disadvantages in using social networking sites. If you will sign up to log in a certain site they have a requirement that you be 18-above....

Words: 2716 - Pages: 11

Premium Essay

The Effects of Social Networking Sites to the Study Habits of Students (Unfinished)

...The Effects of Social Networking Sites to the Study Habits of the Students A Term Paper Presented to Prof. Ma. Lorena T. Ramos of the English Department San Beda College Mendiola, Manila In Partial Fulfilment of the Requirements for Business Communication & Research Philip John S. Sotto Angel Jean B. Evite Christian Allen C. Marte Shaira Nicole M. Espolong Kyle Xaviery Alcos March 10, 2015 Topic: The Effects of Social Networking Sites to the Study Habits of the Students of 1AMC SY 2014-2015 in San Beda College Title: The Effects of Social Networking Sites to the Study Habits of the Students Statement of the Problem: The Researchers aimed to describe the behaviour & attitude of the students in contrast of social networking sites to their study habits. Specifically, it sought answers to the following questions: 1. What are the effects of social networking sites to the study habits of the students? Statement of the Purpose: The researchers worked on this study in order to: 1. Determine the effects, specifically, the pros & cons of social networking site to the study habits of the students. Introduction Back in the 1800s, Prior to the telegraph and telephone the primary source of communication between people other than direct conversation was through letters. Then came the 'beeper' in the 21st century. From the beeper came the personal cell phone, then came the internet, then email, then something called Instant Messaging via...

Words: 662 - Pages: 3

Free Essay

Effects of Social Networking Site to the Study Habit of the Students

...memory At last, the time has come for Old Deuteronomy to make  the Jellicle Choice and decide which one cat will be reborn  into a new Jellicle life. At that moment, Grizabella reappears.  Again she recalls her "Memory" of how things used to be. She  pleads to her brothers and sisters, yearning to come back to  them. This time, through a greater appreciation of tolerance,  the cats accept her back into the tribe. [ Lyrics from: http://www.lyricsmode.com/ly GRIZABELLA:  Daylight, see the dew on the sunflower  And a rose that is fading  Roses wither away  Like the sunflower I yearn to turn my face to the dawn  I am waiting for the day  SOLO:  Now Old Deuteronomy, just before dawn  Through a silence you feel you could cut with a knife  Announces the cat who can now be reborn  And come back to a different jellicle life  GRIZABELLA:  Memory, turn your face to the moonlight  Let your memory lead you  Open up, enter in  If you find there the meaning of what happiness is  Then a new life will begin  Memory, all alone in the moonlight  I can smile at the old days  I was beautiful then  I remember the time I knew what happiness was  Let the memory live again  Burnt out ends of smokey days  The stale cold smell of morning  The streetlamp dies, another night is over  Another day is dawning  Daylight, I must wait for the sunrise  I must think of a new life grizabella the glamour cat Remark the Cat who hesitates towards you In the light of...

Words: 565 - Pages: 3

Premium Essay

Effect of Social Networking Site in Study Habit of the Students

...Introduction The users of social networking sites (SNS’s) build online profile and share information, including personal information, photographs and connect with other users, whether it is to communicate with old friends or find new friends. Nowadays, social networking sites such as Facebook, Twitter, Tumblr, MySpace and others are attracting millions of people around the world, specially the students. Social networking sites had been the source of happiness for many students. Some play with the games or applications available in SNS’s for entertainment purposes. Some use SNS’s to connect with their old friends. Some also use SNS’s to meet new friends with the same interests. Once a person is granted access to a social networking website, the person can begin to socialize. Socialization may include reading the profile pages of other members and possibly even contacting them. But, others use these sites just for fun. Social networking sites are not bad for students, as long as they are not using SNS’s, excessively. SNS’s can also help the students in their studies. Students use social networking sites as a connection or communication to their other classmates. SNS’s can help them relieve stress. SNS’s are helpful in many ways. But, nowadays, students are addicted to these kinds of sites which led to low scores on test and quizzes, sleeping in class because of lack in sleep, and eventually, low grades. Now, ask every student and they will definitely tell you......

Words: 310 - Pages: 2

Premium Essay

Effects of Social Networking Sites to the Study Habits of Students Research Essay

...read up on the subject of your essay. It is best to gather all your sources and review them before attempting to begin your paper so that you can have things clearly planned out when you actually start writing. You can find information on your topic of choice through a number of different types of resources. Some examples are discussed below. * Specialty books; these can be found at your local public or school library. A book published on your topic is a great resource and will likely be one of your most reliable options for finding quality information. They also contain lists of references where you can look for more information. * Academic journals; these are periodicals devoted to scholarly research on a specific field of study. Articles in academic journals are written by experts in that field and scrutinized by other professionals to ensure their accuracy. These are great options if you need to find detailed, sophisticated information on your topic; avoid these if you are only writing a general overview. * Online encyclopedias; the most...

Words: 3899 - Pages: 16

Premium Essay

Nres

...EFFECTS OF FACEBOOK USAGE TO STUDY HABITS AMONG NCM 105 NURSING STUDENTS OF OUR LADY OF FATIMA UNIVERSITY A Research Proposal Presented to: FACULTY OF THE COLLEGE OF NURSING OUR LADY OF FATIMA UNIVERSITY QUEZON CITY CAMPUS By: Carlo A. Silvestre Lyka Vain T. Jacinto Dyan Elenita C. Rafael Christian G. Casuncad Vina C. Custorio Sarah S. Cali (January 2011) CHAPTER 1 THE PROBLEM: ITS RATIONALE AND BACKGROUND Introduction Social networking websites are currently being used regularly by millions of people. The use of social networking sites has been widespread that they have not only caught the attention of academic and industry researchers worldwide but also us, in particular. Social networking sites are now being investigated by numerous social science researchers and an increasing number of academic commentators are becoming more and more interested in studying facebook, twitter, and other social networking services because of their probable impact on the society. While the social networking sites have the same key aspects, the cultures and responses around them that become apparent are varied. Most sites help strangers connect with others based on shares personal interest, political and economic views, or simple recreational activities. Some sites accommodate distinct viewers, while others attract people based on similarities, such as common languages or shared race, sexual, religious or nationality-based identities. Nonetheless, social networking......

Words: 1319 - Pages: 6

Premium Essay

The Effects of Social Networking to the Study Habit of 3rd Year Him Students

...THE EFFECTS OF SOCIAL NETWORKING TO THE STUDY HABIT OF 3RD YEAR HIM STUDENTS Introduction Background of the study The users of social networking sites build online profile and share information, including personal information, photographs and connect with other users, whether it is to communicate with old friends. Now a day’s social networking sites such as facebook, twitter, tumbler, MySpace, and others are attracting millions of people around the world, specially the students. Social networking sites had been the source of happiness for many students. Some play with the games or application available in social networking sites for the entertainment purposes. Some use social networking sites to connect with their old friends. Some also use it to meet new friends with the same interests. Once a person can be granted access to social networking websites, the person can begin to socialize. Socialization may include reading the profile pages of other members and possibly even containing them .But, others use this site just for fun. Social networking sites are not bad for students as long as they are not using it, excessively-social networking site can also help the students in their studies .Students use social networking site as a connection or communication to their other classmates .SNS’s can help them relieve stress .SNS’s are helpful in many ways .But ,nowadays students are addicted to this kinds of sites which led to low scores on test......

Words: 1018 - Pages: 5

Premium Essay

Social Networking

...Chapter 1 Title: The Influence of Social Networking to College student and its effect to their study habits. Introduction Social networking is a conversation. The important thing in social media is the real people who use it. It's all about the C's. Creative, Competition, Community, Communication. It is a online conversation, which is organic and complex. Social media influences people. But those influences may cause either good or bad especially to the most popular group of people who are influenced by it, the college students. Background Social Networking is relatively young, but its history is incredibly long. From AOL Instant Messenger to Friendster to Google+, social networks has probably changed more in ten years than most people’s living room furniture changes in a lifetime. We define social network sites as web-based services that allow individuals to construct a public or semi-public profile within a bounded system, articulate a list of other users with whom they share a connection, and view and traverse their list of connections and those made by others within the system. The nature and nomenclature of these connections may vary from site to site. What makes social network sites unique is not that they allow individuals to meet strangers, but rather that they enable users to articulate and make visible their social networks. This can result in connections between individuals that would not otherwise be made, but that is often not the goal, and these meetings......

Words: 1012 - Pages: 5

Premium Essay

The Effects of the Social Networking Sites of the Students

...Effect of Social Networking to Students' Study Habit Introduction With the rapid phase of the changing generation, the youth is now more demanding in acquiring technologies that will suit to their needs, especially in when it is applied to their studies. Certainly, the access in Internet or in the World Wide Web is easy and there are many benefits can be gained. The use of this accessibility is applied mostly on the professionals such as medical practitioners, business tycoons, and even government officials. The purpose of their usage the Internet is different in terms of their needs and various marketers also applied their expertise on it. Apparently, the growing numbers of users are members of different social networking sites and most of them are students. Social Networking Social networking such as Cyworld in Korea, Facebook one of the largest social networking sites in the U.S., Myspace, and many others has been plagued the websites of the Internet accessibility. Many individuals, mostly students and their friends are engaged in social networking. Social networks are made to entertain and to interact with the other people even if they are miles away. There are many various styles used by the social networks to accommodate their visitors like enabling the host to create his or her mini-homepages and considered as a way to express their own ideas. Part of creating their own world through the web is decorating them with......

Words: 800 - Pages: 4

Premium Essay

Does Social Networking Displace Study Habits and Media Use of College Students?

...Does social networking displace study habits and media use of college students? by DEVCOMPAGE on APRIL 29, 2011 · 11 COMMENTS by Erlan D. Pasana BS Development Communication 2011 Thesis Visayas State University Students and social media. Photo credit: Febelle Dareen Rojas (VSU) As one of the media of communication, social networking plays an important role in people’s lives. Its usage may vary from one person to another depending on the benefits that this medium can provide for them. For students specifically, social networking serves as their channel to express their thoughts and feelings about a certain issue. It helps them in building up stronger relationships with their loved ones especially those who are living far away from them. It makes them more vigilant about the happenings in different places by getting news from their friends on the Internet. Most importantly, while it entertains them, it also helps them in doing research (Hargittai, 2007). Yet some university administrations perceive students’ social networking activities as detrimental to students’ academics and have blocked sites such as Facebook during office hours. But does social networking take away the time that students ought to spend on their study time and media use? This study aimed to find out Visayas State University (VSU) college students’ uses and motivations for social networking use and their effect on study habits and media use. Using a survey, time diary and a focus group discussion,......

Words: 1182 - Pages: 5

Free Essay

The Influence of Social Media on the Study Habits

...The Influence of Social Media on the Study Habits of La Salle University-Integrated School Grade 8 Students CHAPTER 1 The Problem and a Review of Related Literature Nowadays, the advent of technology is quickly emerging before our eyes and undeniably, it takes a vital part to people’s lives of today. One evidence on this is the development of social media. Social media can be defined as the relationships that exist between network of people. Over the last few years, the online population grows exponentially with the easy access to the internet. With the evolution of social media, it changes the way one communicates and how one finds and shares personal information, exchanges ideas, feelings, photos and videos at a very overwhelming rate. Social media sites that allow social interaction include Facebook, Twitter, Youtube, MySpace, and many other various blog formats. Through these sites, youth of today can share things about themselves for the whole world to view. These social media sites offer the youth a new way to access communication and entertainment. The use of social media is one of the most common activities of today’s children and youth. Undeniably, students are increasingly utilizing social media for friends’ news feeds, personal updates, events and activities, notes and messages. They use these sites for posting status of their experiences in school hoping to have more people hit ‘Like’ or give their ‘Comments’. The voluntary messaging function,......

Words: 1005 - Pages: 5

Premium Essay

Background of the Study

...Background of the study From the beginning of time people always find their ways to communicate from pens, papers, pagers, telephones, mobile phones and up to the recent boom of technology. In the past ten years the use of phones paved the way for the most recent addition to communication, the social media. With the invention of social media the online world changes rapidly. One of the most famous social media nowadays is the Facebook Application. Facebook is a social networking site wherein you can easily connect and share anything with your family, friends and acquaintances. The social media Facebook was launched on February 4, 2004 by Mark Zuckerberg according to Philips (2007), it started out only for Harvard university students and because of its popularity it was extended to Boston University and eventually to all US universities. In August 2005, it was purchased and became Facebook.com so the US high schools could sign up and was spread worldwide reaching UK Universities in September 2005. In September 2006, the social networking website has been extended beyond educational institutions with anyone who has valid email address. Facebook can be used as a tool for information and communication, Facebook has different purposes (e.g. chatting with friends, posting status updates, uploading pictures and videos, playing games, sending files, and sharing information). The widespread of Facebook becomes the student’s reliable way of communicating and......

Words: 531 - Pages: 3

Free Essay

Term Paper

...TermPaperWarehouse.com - Free Term Papers, Essays and Research Documents The Research Paper Factory JoinSearchBrowseSaved Papers Home page » Social Issues Why Social Networking Sites Are Addictive In: Social Issues Why Social Networking Sites Are Addictive “Why Social Networking sites are so addictive” Next to the numerous games that often hooks are attention, another thing that most parents problems today towards their children is the social networking sites that is said to be addictive due to its unlimited offers. The connection that can be made between two people distant to each other is such a thing that you simply cannot resist. Not only is discovering new content through all the retweets almost invaluable, but simply striking a conversation about common interests or thanking people for retweets, is a joy! Once you've gotten involved in networking sites, things can escalate quickly. One reason these sites are so addictive is that there's a nonstop stream of messages, photos, updates and information coming from those in your network. If you have 10 friends, it shouldn't be a problem keeping up with them. If your network is 100 friends or more, you might end up online for hours every day, trying to check all of the updates. If you're trading messages back and forth with other members, you might find yourself even more caught up in the exchange, just as you would in a normal conversation. We’re able to communicate with so many people from all across the......

Words: 523 - Pages: 3

Premium Essay

Social Media

... 5022) One of the most popular and recognized forms used in the Internet are social networking sites (SNS) such as Facebook, Twitter, MySpace, Google+, and etc. People of all ages are flocking to the Internet and are signing up for social networking sites by the millions. The quick rise in popularity of SNS began in the second half of the last decade partly because of their extensive usage by school and university students (Kirschner and Kaspinski, 2010, p. 1239) Facebook, for example, has now over 1.15 billion users, one million web pages are accessed using the “Login with Facebook” feature, 23% of FB users login at least 5 times per day. The popularity of online social networking sites (SNSs) is constantly growing. Since the creation of social networking sites (SNSs), they have quickly become a persuasive way for people to connect and interact online all over the world. The creation of social networking sites is a phenomenal technological evolution in the world Web applications. The study of Jabr (2011) found that SNSs are making tremendous effect nearly in every aspects of life. In fact, it had shifted as tool for extending academic learning and communications, SNSs are web-based application that allows individuals to create profile and share information with friends within the system. This “SNS phenomenon” had permeated on the students and became the latest online avenue for social...

Words: 1202 - Pages: 5