Article
►THE SUCCESSES◄
• In regards to the ECF-CBC , we have recently begun food processing again after a massive halt to increase the production of natural resources.
•We have consolidated inactive companies under PH org.
• Our exports have reached eGermany, and opened an oil company in eGermany.
• From 9 product offers on the ePhilippine market since the last State of the Economy Address
, there are now 11 product offers, peaking at 14 product offers.
• We have consolidated
• We also increased foreign reserves, with the currency reserves now having Gold 330 and PHP 1298.
• In a period of a month, the monetary market goal has been reached. We finally reached PHP 10 against the Gold .
- MoF Reform IV Law #45026
• We have successfully documented the REAL VALUE of the ECF-CBC for stock investors to know. The Real value as of the moment of publishing is Gold 858.71
• Issue on BOB has been addressed, and HUF has been procured through ECF-CBC
• We issued a tax reform to strengthen fiscal policy on the country.
- MoF Reform I Law #44928
- MoF Reform II Law #44927
- MoF Reform II Law #44785
• We have attracted numerous market activities. At an unknown percentage rate, and through monitoring with exchange rates, around PHP 200 a week is being spent on the market (about 2000 Q1 weapons).
►THE CHALLENGES◄
• The economy is facing stagnation after we have become focused on resource gathering instead of aggressive expansion by selling manufactured goods.
• After consolidating PH org and PH Army, we are faced with the following problems:
- Companies inactive that we have consolidated now have no workers, in other words, ePH is facing worker deficit
- We have come to find out that currency reserves and numerous companies have been taken away by foreign Military Units
• After finding out the real value of ECF-CBC, we have seen that the game valuation is very inflated. Therefore we suspended selling stocks in order to not affect true valuation of the company.
• Compared to other countries, GOLD reserves are still comparatively low.
• ePH is facing a weapons shortage among local markets. Right now, is being replenished and taken benefit of mostly by foreign markets.
• ePH is facing a gifts shortage generally. ePH still has no local capability to produce gifts, but has a capability to produce raw material for gifts.
• ECF-CBC has pulled out products from eChinese market
►THE PREVIOUS PLANS CHECKLIST◄
• (PARTIALLY DONE) Justify exchange rates by means of official currency exchange rates established by governments.
• (DONE, ALREADY AT PHASE 2)Keep taxes low so that currency can flow on the market as the current ePH government does not need PHP for the moment.
• (DISMISSED, 1/3 DONE) Increase PHP , MXN , and CNY reserve
• (DONE)Exchange BOB and procure HUF .
• (DONE) Diversify operations by establishing companies on another country.
►THE PLANS◄
• Increase involvement in product manufacturing and consumer goods.
• Solve worker deficit by transferring companies to suitable markets.
• Increase the value of ECF-CBC.
• Increase Gold Reserves by procuring foreign reserves and trading it in, for a long-term.
• Resolve weapons deficit by increasing intensity of weapons production.
• Strike a gifts deal, or improve gifts production capability, preferably up to Q5
►OVERALL SUMMARY AND INSIGHTS◄
With more successes, come more challenges. However, this only tests the capability of the economic machinery of ePhilippines.
We have much more to learn and many more challenges to take. For now, we must dwell on the successes but be cautious on our next actions. We must be vigilant at our statistics and the mantra we take must be “Data over Ego”.
We have done so much, but the impact is small. However, a collected impact becomes large. A pile of stones becomes a barricade. We continue to do such, and we hope to learn from the mistakes that have been done.
►IN THE FAR FUTURE◄
We wish to be a useful companion to the world, therefore in the far future, we wish to sell goods on local markets all over the world at a fair price. Right now, we can’t do that and we can only sell at a handful of nations. Funding-wise and practically speaking, it would be, as of the moment impossible.
►APPRECIATION◄
A very special thanks to
To the stock investors whose continued trust has been fostered,
For those willing to invest and those who supported ePH on its endeavor through trust despite the minute amount of things we present for,
To those who participated, and used the ePH market for their business activities,
May we continue to endeavor in this prosperity, and more people for us to provide our gratitude to!
Thank you! Salamat!
MABUHAY ANG PILIPINAS! o7
**Link to the previous economic address
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Periodic VII: Regular News (1 year ago)
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Periodic VIII: Gratitude for Alpha (1 year ago)
About the game:
USA as a world power? In E-Sim it is possible!
In E-Sim we have a huge, living world, which is a mirror copy of the Earth. Well, maybe not completely mirrored, because the balance of power in this virtual world looks a bit different than in real life. In E-Sim, USA does not have to be a world superpower, It can be efficiently managed as a much smaller country that has entrepreneurial citizens that support it's foundation. Everything depends on the players themselves and how they decide to shape the political map of the game.
Work for the good of your country and see it rise to an empire.
Activities in this game are divided into several modules. First is the economy as a citizen in a country of your choice you must work to earn money, which you will get to spend for example, on food or purchase of weapons which are critical for your progress as a fighter. You will work in either private companies which are owned by players or government companies which are owned by the state. After progressing in the game you will finally get the opportunity to set up your own business and hire other players. If it prospers, we can even change it into a joint-stock company and enter the stock market and get even more money in this way.
In E-Sim, international wars are nothing out of the ordinary.
Become an influential politician.
The second module is a politics. Just like in real life politics in E-Sim are an extremely powerful tool that can be used for your own purposes. From time to time there are elections in the game in which you will not only vote, but also have the ability to run for the head of the party you're in. You can also apply for congress, where once elected you will be given the right to vote on laws proposed by your fellow congress members or your president and propose laws yourself. Voting on laws is important for your country as it can shape the lives of those around you. You can also try to become the head of a given party, and even take part in presidential elections and decide on the shape of the foreign policy of a given state (for example, who to declare war on). Career in politics is obviously not easy and in order to succeed in it, you have to have a good plan and compete for the votes of voters.
You can go bankrupt or become a rich man while playing the stock market.
The international war.
The last and probably the most important module is military. In E-Sim, countries are constantly fighting each other for control over territories which in return grant them access to more valuable raw materials. For this purpose, they form alliances, they fight international wars, but they also have to deal with, for example, uprisings in conquered countries or civil wars, which may explode on their territory. You can also take part in these clashes, although you are also given the opportunity to lead a life as a pacifist who focuses on other activities in the game (for example, running a successful newspaper or selling products).
At the auction you can sell or buy your dream inventory.
E-Sim is a unique browser game. It's creators ensured realistic representation of the mechanisms present in the real world and gave all power to the players who shape the image of the virtual Earth according to their own. So come and join them and help your country achieve its full potential.
Invest, produce and sell - be an entrepreneur in E-Sim.
Take part in numerous events for the E-Sim community.