#carlocarrasco — Public Fediverse posts

AMRO Slashes 2026 Philippines GDP Growth Forecast

The Philippines, which is currently the host of the ASEAN Summit and is also one of the economic weaklings of Southeast Asia, is predicted by ASEAN+3 Macroeconomic Research Office (AMRO) to have slower gross domestic product (GDP) growth this year, according to a news report by BusinessWorld.

To put things in perspective, posted below is an excerpt from the news report of BusinessWorld. Some parts in boldface…

THE Philippine economy may continue to grow below its potential through 2027 as persistent energy shocks and weak investment weigh on activity, the ASEAN+3 Macroeconomic Research Office (AMRO) said.

In its latest ASEAN+3 Regional Economic Outlook, AMRO slashed its Philippine gross domestic product (GDP) growth projections for this year to 3.3% from its July estimate of 4.1% and for 2027 to 4.6% from 5.5%.

Both forecasts are below the National Government’s growth targets of 3.5%-4.5% for 2026 and 5%-6% for 2027.

AMRO also trimmed its inflation forecast for this year to 5.6% from 5.7% previously but raised it for next year to 4.6% from 4.1% previously.

If realized, inflation will accelerate from the 1.7% clip last year and breach the central bank’s 3% target for two consecutive years.

At a press briefing on Monday, AMRO Chief Economist Dong He noted that the Middle East war-driven energy shock took a heavy toll on the Philippine economy, significantly slowing growth while fueling inflation.

“The Philippines is one of the economies that was hit harder by the energy shock,” he said. “As you recall, when the Middle East conflict took place, the government took very swift action and they introduced a national emergency. So that, I think, helped the country galvanize towards responses towards this big energy shock.”

“But of course, growth did slow down significantly and the inflation went up very quickly,” Mr. He added.

The AMRO chief economist also noted that the Philippine economy continues to be weighed down by an investment slump following the flood control corruption scandal which broke out last year.

“Now, the Philippines also have some domestic issues that they need to deal with,” Mr. He said. “Remember, there was this flood control-related issue and that significantly slowed down public investment.”

“So, the growth outlook is very dependent on how fast public investment and construction related activities can pick up,” he added.

Let me end this post by asking you readers: What is your reaction to this recent development? Do you think there really is not much the government can do to boost economic growth this year? What is your opinion about the way the current economic managers of the Philippines are handling economic matters? Would you be surprised to see the Philippine economy fall into a recession in the first half of 2028?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

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Thank you for reading. If you find this article engaging, please click the like button below, share this article to others and also please consider making a donation to support my publishing. If you are looking for a copywriter to create content for your special project or business, check out my services and my portfolio. Feel free to contact me with a private message. Also please feel free to visit my Facebook page Author Carlo Carrasco and follow me on Twitter at @CarloCarrascoPH as well as on Tumblr at https://carlocarrasco.tumblr.com/ and on Instagram at https://www.instagram.com/authorcarlocarrasco

Man Arrested in Parañaque City Over Possession of Unlicensed Firearm and Death Threat

Recently in the City of Parañaque, a man who threatened to kill someone and carried an unlicensed firearm was arrested by the local police, according to a news report by the Manila Bulletin.

To put things in perspective, posted below is an excerpt from the Manila Bulletin news report. Some parts in boldface…

A 26-year-old man was arrested after allegedly threatening to kill another man during a heated argument and was found carrying an unlicensed .38-caliber revolver in Parañaque City late Thursday night, Oct. 1.

Police said officers from the Baclaran Police Sub-Station responded to a reported disturbance near the Al-Wasat Mosque along E. Rodriguez Street, Redemptorist Road, Barangay Baclaran at about 11:15 p.m.

Responding policemen saw the suspect, identified as alias “Sari,” causing a disturbance.

An initial investigation showed that Sari and the complainant had engaged in a verbal altercation that escalated when the suspect allegedly threatened, “Papatayin kita.”

Police arrested the suspect and recovered a .38-caliber revolver loaded with two live rounds of ammunition.

The firearm and ammunition were turned over to the Station Investigation and Detective Management Section for examination and documentation.

Let me end this post by asking you readers: What do you think about this recent development? If you are a resident of Parañaque, do you think violent crime will get worse? Are there many people in your local community who have unlicensed firearms and ammunition?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

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Thank you for reading. If you find this article engaging, please click the like button below, share this article to others and also please consider making a donation to support my publishing. If you are looking for a copywriter to create content for your special project or business, check out my services and my portfolio. Feel free to contact me with a private message. Also please feel free to visit my Facebook page Author Carlo Carrasco and follow me on Twitter at @CarloCarrascoPH as well as on Tumblr at https://carlocarrasco.tumblr.com/ and on Instagram at https://www.instagram.com/authorcarlocarrasco

For more South Metro Manila community news and developments, come back here soon. Also say NO to fake news, NO to irresponsible journalism, NO to misinformation, NO to plagiarists, NO to reckless publishers and NO to sinister propaganda when it comes to news and developments. For South Metro Manila community developments, member engagement, commerce and other relevant updates, join the growing South Metro Manila Facebook group at https://www.facebook.com/groups/342183059992673

Vietnam Attracts 522,000 Visitors from the Philippines During First 9 Months of 2026

The Philippines, which is currently the host of the ASEAN Summit and is also one of the economic weaklings of Southeast Asia, continues to grow tremendously as a tourism market for Vietnam as an estimated 522,000 Filipinos visited the said nation during the first nine months of 2026, according to a news report by VnExpress.

It should be noted that more than 480,000 Filipinos visited Vietnam for the entire year of 2025, and the Philippines is one of the fastest growing tourism markets for the Vietnam tourism industry this year along with Russia.

Historically speaking, the number of Philippine visitors welcomed by Vietnam was 49,266 in 2022, 153,168 in 2023, 265,947 in 2024 and 482,173 in 2025. At 522,000 as of the end of September, the number of Philippine visitors arriving in Vietnam could reach around 700,000 by the end of this year.

To put things in perspective, posted below is an excerpt from the news report of VnExpress. Some parts in boldface…

Vietnam welcomed 17.7 million international visitors in the first nine months of 2026, up 14.5% year-on-year, bucking a decline in arrivals across several Southeast Asian destinations.

Mainland China remained Vietnam’s largest source market, with 3.95 million visitors, accounting for about 22.3% of the total. South Korea ranked second with approximately 3.05 million visitors, or 17.3%.

Russia ranked third with 1.1 million, followed by Taiwan (964,000) and the U.S. (746,000), according to the General Statistics Office.

The rest of the top 10 were Cambodia (688,000), Japan (674,000), India (670,000), the Philippines (522,000) and Australia (485,000).

In September, foreign visitors declined by 11.3% from August but rose by 16.5% year-on-year to 1.77 million.

Let me end this post by asking you readers: What is your reaction to this recent development? Considering the strong interest of Filipinos to visit Vietnam, do you think it is possible for Vietnam to attract at least one million visitors from the Philippines next year if not this year? Do you think more Filipinos will realize the great value they could get by visiting Vietnam?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

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Thank you for reading. If you find this article engaging, please click the like button below, share this article to others and also please consider making a donation to support my publishing. If you are looking for a copywriter to create content for your special project or business, check out my services and my portfolio. Feel free to contact me with a private message. Also please feel free to visit my Facebook page Author Carlo Carrasco and follow me on Twitter at @CarloCarrascoPH as well as on Tumblr at https://carlocarrasco.tumblr.com/ and on Instagram at https://www.instagram.com/authorcarlocarrasco

Food and Beverage Vendors Plus New Details for Sip & Stroll: An Early Christmas Bazaar Revealed

Very recently, the Alabang Hills Village Association (AHVA) revealed new details as well as a list of approved food-and-drinks vendors for their upcoming Sip & Stroll: An Early Christmas Bazaar which will happen on November 21 and 22, 2026, at the Phase 2 park grounds. For each day, the bazaar will start from 10AM until 8PM.

For the upcoming bazaar, there will be over forty-five dry goods vendors participating. This ensures that customers will see a wide variety of products for sale ranging from clothing to houseware, toys, accessories, shoes and more. There will be a lot of items that customers can acquire for Christmas gift-giving.

With regards to the food and vendors approved by the AHVA, the list is as follows in the image below.

In addition, the AHVA confirmed that there will be acoustic performers and DJs who will provide entertainment in the afternoon of each day of the bazaar. There will also be game booths for additional enjoyment.

The Phase 2 park grounds is the main venue of Sip & Stroll: An Early Christmas Bazaar, and both the covered basketball court and the pickleball court (formerly the badminton court) will be used too. For the non-residents who have private vehicles (without Alabang Hills Village stickers) and intend to attend the bazaar, be ready to leave your ID card at the village gate and tell them were you are headed. Once inside, it is a must that you should follow their rules and speed limits at all times. Be aware that finding available parking spaces can be a bit of a challenge, and be respectful to the nearby homes.

If you have inquiries for Sip & Stroll: An Early Christmas Bazaar, send your email to [email protected]

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Thank you for reading. If you find this article engaging, please click the like button below, share this article to others and also please consider making a donation to support my publishing. If you are looking for a copywriter to create content for your special project or business, check out my services and my portfolio. Feel free to contact me with a private message. Also please feel free to visit my Facebook page Author Carlo Carrasco and follow me on Twitter at @CarloCarrascoPH as well as on Tumblr at https://carlocarrasco.tumblr.com/ and on Instagram at https://www.instagram.com/authorcarlocarrasco

For more South Metro Manila community news and developments, come back here soon. Also say NO to fake news, NO to irresponsible journalism, NO to misinformation, NO to plagiarists, NO to reckless publishers and NO to sinister propaganda when it comes to news and developments. For South Metro Manila community developments, member engagements, commerce and other relevant updates, join the growing South Metro Manila Facebook group at https://www.facebook.com/groups/342183059992673

Good Food and Drinks Plus Sports Shows Await You at Red Rockies in Las Piñas City

When it comes to finding good food, nice drinks and the enjoyment of sports-related shows here in South Metro Manila, Red Rockies has them and they are ready to serve you.

Recently, I visited Red Rockies at the 2nd floor of Versailles Town Plaza located along Daang Hari in Las Piñas City. Upon entering, I saw the very nice interiors of the place and I was welcomed nicely. The nice-looking bar caught my attention, and so did the overhead high-definition TVs (HDTVs) that showed continuous footage of sports-related shows. That said, the vibe of the place was energetic.  

For dinner, I had a set of sausages – Bratwurst and Frankfurt – with fries and condiments. The set is part of their Oktoberfest special. The two sausages were very well cooked and each bite was satisfying. The Frankfurt sausage was the tastiest. If this set is available when you visit Red Rockies, I recommend you order it.

I also had a Smash Burger with fries plus a Strawberry Milkshake. The Smash Burger was loaded with a thick Angus beef patty which was enjoyable per bite. It reminds me of an Angus burger I had in Subic Bay over a year ago, but the difference is that it has lot more content and was more satisfying to consume. Red Rockies’ Smash Burger is a must for those who love burgers. The Strawberry Milkshake was tasty, cool and plentiful.

While enjoying dinner, I also enjoyed the sports coverage displayed on the monitors. Red Rockies allows customers to enjoy good food and drinks while watching basketball, tennis, grand prix racing and other sports events available. This is a fine place for such an experience here in the south of Metro Manila. In case you are wondering, Red Rockies’ name was inspired by the Rocky Mountains in the United States, and the red refers to the unique look the said mountains have during sunset.

I also took the time to examine Red Rockies’ menu. For those looking for alcoholic beverages, they offer craft beer and draft beer. For those who love good food, there is pasta, pizza, side dishes, salad, chicken wings and their entrees. What caught my attention from the menu were the Steak & Fries (P1,350), Country Fried Chicken (P350), Mac & Cheese (P425), and Bacon Cheeseburger (P500).

If you and your associates need a private venue for an important gathering or a special event, Red Rockies offers event packages which includes the use of all the HDTVs, food and drinks, and the exclusive use of dining area. Just visit Red Rockies and talk to the manager for booking.

As I had a nice time at Red Rockies, I would not hesitate to come back and try other foods and drinks listed on their menu. For this month of October, they have Oktoberfest offerings. If you are looking for a fine place to dine-in while visiting Versailles Town Plaza, come to Red Rockies at the 2nd floor. They are open daily with schedules of 11AM to 10PM (Friday to Saturday) and 11AM to 9PM (Sunday to Thursday). To the residents of Ayala Alabang Village reading this, the place is a just a short drive away after exiting Champaca street gate. For this month of October, Oktoberfest specials are being offered by Red Rockies.

For the location of Red Rockies, click https://maps.app.goo.gl/VxY65TLPiC2tJoXG8. To get the latest updates directly from Red Rockies, follow their official Facebook page at https://www.facebook.com/profile.php?id=61588552930140

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Thank you for reading. If you find this article engaging, please click the like button below, share this article to others and also please consider making a donation to support my publishing. If you are looking for a copywriter to create content for your special project or business, check out my services and my portfolio. Feel free to contact me with a private message. Also please feel free to visit my Facebook page Author Carlo Carrasco and follow me on Twitter at @CarloCarrascoPH as well as on Tumblr at https://carlocarrasco.tumblr.com/ and on Instagram at https://www.instagram.com/authorcarlocarrasco

For more South Metro Manila community news and developments, come back here soon. Also say NO to fake news, NO to irresponsible journalism, NO to misinformation, NO to plagiarists, NO to reckless publishers and NO to sinister propaganda when it comes to news and developments. For South Metro Manila community developments, member engagements, commerce and other relevant updates, join the growing South Metro Manila Facebook group at https://www.facebook.com/groups/342183059992673

Singapore Leads Southeast Asia in Tourism Development

Singapore emerged as the best among the economies of Southeast Asia in the 2026 Travel and Tourism Development Index of the World Economic Forum (WEF), according to a news report of VnExpress. Globally, Singapore ranked 13th in a field of 110 economies.

To put things in perspective, posted below is an excerpt from the news report of VnExpress. Some parts in boldface…

Singapore ranked 13th among 110 economies in the World Economic Forum’s 2026 Travel and Tourism Development Index, the highest position among ASEAN.

The city state scored 4.89 points, up 3.4 percentage points from 2024 in the biennial ranking released on Friday by the World Economic Forum, an international advocacy non-governmental organization and think tank based in Switzerland.

Indonesia ranked at 23rd, followed by Malaysia at 26th, Thailand at 38th, Vietnam at 52nd, the Philippines at 57th, and Laos at 75th.

The index measures factors and policies that enable sustainable and resilient development of tourism like business environment, safety and health conditions, price competitiveness, air transport infrastructure, ground and port infrastructure, tourist services and infrastructure, natural resources, and cultural resources.

Singapore received high scores in business environment, safety and security, travel policy and enabling conditions, and infrastructure and services.

Singapore, the second largest economy in Southeast Asia after Indonesia by nominal GDP, is known for its strict laws and low crime rates. It has earned (its) reputation as one of the safest countries in Asia.

The city-state is ramping up investment in large-scale tourism infrastructure as it seeks to strengthen its position as a leading travel and business hub in Asia.

The government announced a S$740 million (US$584 million) tourism funding package, more than twice the S$300 million allocated under the Tourism Development Fund in 2024, in May to strengthen industry resilience until 2040.

Let me end this piece by asking you readers: What is your reaction to this development? Have you visited Singapore over the past twelve months? Do you think Singapore can keep innovating and improving itself on tourism development?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

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Thank you for reading. If you find this article engaging, please click the like button below, share this article to others and also please consider making a donation to support my publishing. If you are looking for a copywriter to create content for your special project or business, check out my services and my portfolio. Feel free to contact me with a private message. Also please feel free to visit my Facebook page Author Carlo Carrasco and follow me on Twitter at @CarloCarrascoPH as well as on Tumblr at https://carlocarrasco.tumblr.com/ and on Instagram at https://www.instagram.com/authorcarlocarrasco