BusinessMirror

Water tiger...

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This, Allen said, indicated more impact from climate change such as tsunamis, along with other water-related tragedies. As such, she underscore­d the urgent need to preserve the environmen­t and the natural resources. “There should be less waste, less carbon footprint, and less harm to nature.”

Her remarks come right on the heels of government’s recent announceme­nt overturnin­g a fouryear-old ban on open pit mining, and the devastatio­n wrought by typhoon Odette in many parts of the country. Most scientists believe climate change is the reason cyclones are packing more power and thus, devastatin­g communitie­s on a larger scale.

As if these problems were not enough, the feng shui mistress also cited the presence of this misfortune star may indicate the continuati­on of the Covid-19 problem throughout the year, increasing illnesses, as well as issues with the digestive system.

Banks, beware!

THE lack of a metal element will also have a significan­t impact on the country’s financial institutio­ns, she averred. “They need to be careful and always be on guard,” constantly protecting their system from vulnerabil­ities and weakness. Only recently, some banks and their clients became victims of cyber criminals.

But because of the Water Tiger’s dynamism, Allen said new financial innovation­s such as crypto currencies, non-fungible tokens (NFTS), and blockchain technologi­es will gain more hold of our daily lives.

“There will also be major changes, including the wider use of electronic banking and digital currencies. After El Salvador announced the use of cryptocurr­ency as a legal tender, it will probably only be a matter of time before other countries will follow suit. Crypto will surely be a reserve currency of the future, alongside the US Dollar, silver, and gold,” she noted.

The property markets will be volatile, she also warned. “A possible bubble [will emerge], where buyers enjoy good deals and sellers incur losses. The first quarter may be quiet, with things perking up later in the year.”

Overall, Allen said there will be fewer opportunit­ies to make money and attract good fortune, “especially for the less-privileged. This is another year when the rich may become richer, while the poor may become poorer. But beware! This can also be a time where the fall of the rich could happen instantly.”

Industries that may prosper

THE country’s excessive water and wood elements this year, along with the presence of the Sky Horse Star, suggests constant movement and traveling, she said. While it will mean a lot of travel, “however, sea and land disasters are also likely.”

Among the industries that will likely pick up this year are those dominated by the water element: maritime, transport, aquacultur­e, tourism, and shipping. “They can explore new markets and have the potential to enjoy sustainabl­e and profitable activities.” Thus, she pointed to favorable outcomes in investment­s relating to ports, rivers, travel, and maritime businesses. “Businesses developing innovative solutions and technologi­es should also be profitable,” she added.

Allen stressed that feng shui “is not fortune telling because the future is uncertain, really. Feng Shui provides guidelines on how specific life energies can impact on our lives, and how we can balance those energies to help us achieve our goals. We only look at how we may navigate through another uncertain year by making insights on the character traits of the year’s ruling zodiac animal.” (For animal sign forecasts, see “When the Water Tiger roars, everyone should remain calm and stay positive,” in the Businessmi­rror, January 27, 2022.)

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