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Year of the wood goat: PH economy in for a 'good ride'

Thursday, February 19, 2015
Rappler (Philippine)
By: Shadz Loresco

Year of the wood goat: PH economy in for a 'good ride'

Astrologers say the wood element will bring in wealth to the country's coffers

MANILA, Philippines - The Philippine economy is in for a good ride with certain industries taking further leaps in the Year of the Wood Goat or Sheep.

In 2014, the Philippine economy's full-year gross domestic product (GDP) growth was only 6.1% - below the government target of 6.5% to 7.5%, and lower than the record-high 7.2% growth in 2013.

But the wood element will bring in wealth to the country's coffers as the Chinese New Year begins February 19, Thursday.

Astrologers said that the energy of each of the 5 elements - wood, water, metal, fire, earth, and air have effects on industries.

Growth and slowdown

Across the agriculture, industry, and service sectors, top performers will come from Wood industries.

Rubber farmers, furniture builders, magazine and newspaper publishers, and financial advisers will benefit from the year's positive Qi.

The prosperity list only gets longer.

The BaZi chart also shows that mining and extraction businesses will thrive and prosper in 2015, said Dato' Joey Yap. The Malaysia-based founder of a Chinese metaphysics academy was in Manila in January for his annual fengshui and astrology seminar.

Fire industries will also be unstoppable.

Oil and petroleum will be big, despite falling prices.

Retail and service will enjoy raking in profits alongside the fast-moving consumer goods group.

The same goes for alternative energies, biotechnology, construction, e-commerce, health care, scientific research, and technology.

The tourism industry will be a great starting point for a business idea.

But in his reading of the BaZi chart, Yap saw a slowdown in the real estate market due to stagnant Earth.

Property investors are warned, "If you're a short-sighted investor, this might not be a good year for you."

On the brighter side, those who are in it for the long haul will have more to gain this year.

Ending on February 7, 2016, the year of the Wood Goat or Sheep is said to have all 5 elements working in balance and is predicted - and hoped for probably by everyone - to result in a harmonious year. -Rappler.com

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