#governance — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #governance, aggregated by home.social.
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[#TRADESHOW] #Security #China 2026 – China #International #Exhibition on #Public #Safety and Security will be held from November 3 to 6, 2026, at China International Exhibition Center (Shunyi Hall), #Beijing. As one of China’s most #influential #events dedicated to public safety, #intelligent security #technologies, and #digital #governance, the #expo brings together #government authorities, #industry #leaders, and #global #technology #providers. https://cnbusinessforum.com/event/security-china-2026-china-international-exhibition-on-public-safety-and-security/
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[#TRADESHOW] #Security #China 2026 – China #International #Exhibition on #Public #Safety and Security will be held from November 3 to 6, 2026, at China International Exhibition Center (Shunyi Hall), #Beijing. As one of China’s most #influential #events dedicated to public safety, #intelligent security #technologies, and #digital #governance, the #expo brings together #government authorities, #industry #leaders, and #global #technology #providers. https://cnbusinessforum.com/event/security-china-2026-china-international-exhibition-on-public-safety-and-security/
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[#TRADESHOW] #Security #China 2026 – China #International #Exhibition on #Public #Safety and Security will be held from November 3 to 6, 2026, at China International Exhibition Center (Shunyi Hall), #Beijing. As one of China’s most #influential #events dedicated to public safety, #intelligent security #technologies, and #digital #governance, the #expo brings together #government authorities, #industry #leaders, and #global #technology #providers. https://cnbusinessforum.com/event/security-china-2026-china-international-exhibition-on-public-safety-and-security/
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Trump’s America – Alone in a World That Is Moving On
Trump's America Alone examines how allies are building new partnerships while confidence in American leadership continues to erode.https://thedemocracyadvocate.com/news-to-know/trump-watch/trumps-america-alone/
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https://www.europesays.com/africa/257227/ Uganda: New Minister Nakawuki Ready to Roll Out Bold Tourism Marketing Plan #Africa #Business #CurrentEvents #EastAfrica #economy #Governance #news #politics #sports #trade #travel #TravelAndTourism #Uganda
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https://www.europesays.com/afrique/115173/ Ethiopie: Les élections de 2026 – Un pas vers une plus grande inclusivité #Africa #business #CurrentEvents #EastAfrica #economy #Ethiopia #Éthiopie #Governance #news #politics #sports #trade #travel
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Japan Supports Oil Diversification In Southeast Asia
For a few months now, the economies of Southeast Asian nations have been affected by the higher costs of imported oil from the Middle East and there is no telling what evil the terrorist state of Iran could do with regards to the critical Strait of Hormuz. As such, the need for Southeast Asian nations to diversify their crude oil procurement sources is clear and Japan confirmed it will help them, according to a news article by Jiji Press with additional content from Manila Bulletin.
To put things in perspective, posted below is an excerpt from the news article of Jiji Press. Some parts in boldface…
The Japanese government plans to help Southeast Asian countries diversify their crude oil procurement sources, in order to stabilize petrochemical supply chains amid the ongoing Middle East tensions.
Faced with recent energy shocks following the effective closure of the Strait of Hormuz, Southeast Asian nations, which depend heavily on imported crude oil, are working to reduce their reliance on Middle East oil.
The Philippines has depended on the Middle East for more than 90 pct of its crude oil imports. In March, the Philippines declared a national energy emergency due to soaring crude oil prices.
The Southeast Asian nation recently started importing crude oil from Russia, even while some countries have reduced or halted imports from Russia as part of sanctions following its invasion of Ukraine. The Philippines has also shown a willingness to pursue joint oil and gas exploration with China in the South China Sea, where the two countries have territorial disputes.
Philippine President Ferdinand Marcos Jr. said in a recent interview, “I don’t think that we will go back to the old system where the majority of the petroleum products that are coming out of the Strait of Hormuz are going to Asia.”
Marcos expressed expectations that Asian countries will further advance the diversification of their crude oil supply sources in the coming years.
Other member states of the Association of Southeast Asian Nations, such as Thailand and Vietnam, are also seeking to diversify their procurement of crude oil by increasing imports from the United States and African countries, in addition to Russia.
At an ASEAN summit in Cebu in the Philippines earlier this month, leaders reaffirmed in a joint statement their commitment to diversifying crude oil procurement sources and promoting energy trade in the region. They also exchanged views on the idea of establishing joint oil and gas reserves.
Meanwhile, the Japanese government is wary of the potential impact on domestic supply chains if supply chains in Southeast Asia, a petrochemical manufacturing hub, are disrupted.
“Supporting supply chains in Asian countries will directly contribute to strengthening the Japanese economy,” Japanese Prime Minister Sanae Takaichi said, indicating her intention to support ASEAN.
In April, the Japanese government announced a framework to provide financial support of 10 billion dollars, or around 1.6 trillion yen, to help stabilize energy supplies in Asian countries.
Let me end this piece by asking you readers: What is your reaction to this development? Do you think Japan’s support for oil diversification in Southeast Asia is crucial for both itself and the region? Do you think Japan’s $10 billion plan will succeed in stabilizing the energy supplies of Asian nations? Do you think the Philippines will fall into an economic recession this year if the oil prices remained high? Do you think it is a wise idea for the Philippines to pursue a joint oil and gas exploration in the South China Sea with Communist China?
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 athttps://www.instagram.com/authorcarlocarrasco
#ASEAN #Asia #AssociationOfSoutheastAsianNationsASEAN #Bing #BongbongMarcos #business #businessNews #CarloCarrasco #ChatGPT #China #Communist #CommunistChina #democracy #diversity #economics #economy #EconomyOfJapan #EconomyOfThePhilippines #energy #Facebook #geek #geopolitics #Google #GoogleSearch #governance #Inclusion #Instagram #Instapundit #Investagrams #Iran #IslamicTerrorism #IslamicTerroristRegimeOfIran #IslamicTerrorists #Japan #Japanese #JijiPress #liberal #ManilaBulletin #Marcos #Marxist #nationalSecurity #Nippon #oil #Philippines #SanaeTakaichi #security #socialMedia #socialist #StraitOfHormuz #TakaichiSanae #terroristStateOfIran #WordPress #WordPressCom -
Japan Supports Oil Diversification In Southeast Asia
For a few months now, the economies of Southeast Asian nations have been affected by the higher costs of imported oil from the Middle East and there is no telling what evil the terrorist state of Iran could do with regards to the critical Strait of Hormuz. As such, the need for Southeast Asian nations to diversify their crude oil procurement sources is clear and Japan confirmed it will help them, according to a news article by Jiji Press with additional content from Manila Bulletin.
To put things in perspective, posted below is an excerpt from the news article of Jiji Press. Some parts in boldface…
The Japanese government plans to help Southeast Asian countries diversify their crude oil procurement sources, in order to stabilize petrochemical supply chains amid the ongoing Middle East tensions.
Faced with recent energy shocks following the effective closure of the Strait of Hormuz, Southeast Asian nations, which depend heavily on imported crude oil, are working to reduce their reliance on Middle East oil.
The Philippines has depended on the Middle East for more than 90 pct of its crude oil imports. In March, the Philippines declared a national energy emergency due to soaring crude oil prices.
The Southeast Asian nation recently started importing crude oil from Russia, even while some countries have reduced or halted imports from Russia as part of sanctions following its invasion of Ukraine. The Philippines has also shown a willingness to pursue joint oil and gas exploration with China in the South China Sea, where the two countries have territorial disputes.
Philippine President Ferdinand Marcos Jr. said in a recent interview, “I don’t think that we will go back to the old system where the majority of the petroleum products that are coming out of the Strait of Hormuz are going to Asia.”
Marcos expressed expectations that Asian countries will further advance the diversification of their crude oil supply sources in the coming years.
Other member states of the Association of Southeast Asian Nations, such as Thailand and Vietnam, are also seeking to diversify their procurement of crude oil by increasing imports from the United States and African countries, in addition to Russia.
At an ASEAN summit in Cebu in the Philippines earlier this month, leaders reaffirmed in a joint statement their commitment to diversifying crude oil procurement sources and promoting energy trade in the region. They also exchanged views on the idea of establishing joint oil and gas reserves.
Meanwhile, the Japanese government is wary of the potential impact on domestic supply chains if supply chains in Southeast Asia, a petrochemical manufacturing hub, are disrupted.
“Supporting supply chains in Asian countries will directly contribute to strengthening the Japanese economy,” Japanese Prime Minister Sanae Takaichi said, indicating her intention to support ASEAN.
In April, the Japanese government announced a framework to provide financial support of 10 billion dollars, or around 1.6 trillion yen, to help stabilize energy supplies in Asian countries.
Let me end this piece by asking you readers: What is your reaction to this development? Do you think Japan’s support for oil diversification in Southeast Asia is crucial for both itself and the region? Do you think Japan’s $10 billion plan will succeed in stabilizing the energy supplies of Asian nations? Do you think the Philippines will fall into an economic recession this year if the oil prices remained high? Do you think it is a wise idea for the Philippines to pursue a joint oil and gas exploration in the South China Sea with Communist China?
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 athttps://www.instagram.com/authorcarlocarrasco
#ASEAN #Asia #AssociationOfSoutheastAsianNationsASEAN #Bing #BongbongMarcos #business #businessNews #CarloCarrasco #ChatGPT #China #Communist #CommunistChina #democracy #diversity #economics #economy #EconomyOfJapan #EconomyOfThePhilippines #energy #Facebook #geek #geopolitics #Google #GoogleSearch #governance #Inclusion #Instagram #Instapundit #Investagrams #Iran #IslamicTerrorism #IslamicTerroristRegimeOfIran #IslamicTerrorists #Japan #Japanese #JijiPress #liberal #ManilaBulletin #Marcos #Marxist #nationalSecurity #Nippon #oil #Philippines #SanaeTakaichi #security #socialMedia #socialist #StraitOfHormuz #TakaichiSanae #terroristStateOfIran #WordPress #WordPressCom -
Japan Supports Oil Diversification In Southeast Asia
For a few months now, the economies of Southeast Asian nations have been affected by the higher costs of imported oil from the Middle East and there is no telling what evil the terrorist state of Iran could do with regards to the critical Strait of Hormuz. As such, the need for Southeast Asian nations to diversify their crude oil procurement sources is clear and Japan confirmed it will help them, according to a news article by Jiji Press with additional content from Manila Bulletin.
To put things in perspective, posted below is an excerpt from the news article of Jiji Press. Some parts in boldface…
The Japanese government plans to help Southeast Asian countries diversify their crude oil procurement sources, in order to stabilize petrochemical supply chains amid the ongoing Middle East tensions.
Faced with recent energy shocks following the effective closure of the Strait of Hormuz, Southeast Asian nations, which depend heavily on imported crude oil, are working to reduce their reliance on Middle East oil.
The Philippines has depended on the Middle East for more than 90 pct of its crude oil imports. In March, the Philippines declared a national energy emergency due to soaring crude oil prices.
The Southeast Asian nation recently started importing crude oil from Russia, even while some countries have reduced or halted imports from Russia as part of sanctions following its invasion of Ukraine. The Philippines has also shown a willingness to pursue joint oil and gas exploration with China in the South China Sea, where the two countries have territorial disputes.
Philippine President Ferdinand Marcos Jr. said in a recent interview, “I don’t think that we will go back to the old system where the majority of the petroleum products that are coming out of the Strait of Hormuz are going to Asia.”
Marcos expressed expectations that Asian countries will further advance the diversification of their crude oil supply sources in the coming years.
Other member states of the Association of Southeast Asian Nations, such as Thailand and Vietnam, are also seeking to diversify their procurement of crude oil by increasing imports from the United States and African countries, in addition to Russia.
At an ASEAN summit in Cebu in the Philippines earlier this month, leaders reaffirmed in a joint statement their commitment to diversifying crude oil procurement sources and promoting energy trade in the region. They also exchanged views on the idea of establishing joint oil and gas reserves.
Meanwhile, the Japanese government is wary of the potential impact on domestic supply chains if supply chains in Southeast Asia, a petrochemical manufacturing hub, are disrupted.
“Supporting supply chains in Asian countries will directly contribute to strengthening the Japanese economy,” Japanese Prime Minister Sanae Takaichi said, indicating her intention to support ASEAN.
In April, the Japanese government announced a framework to provide financial support of 10 billion dollars, or around 1.6 trillion yen, to help stabilize energy supplies in Asian countries.
Let me end this piece by asking you readers: What is your reaction to this development? Do you think Japan’s support for oil diversification in Southeast Asia is crucial for both itself and the region? Do you think Japan’s $10 billion plan will succeed in stabilizing the energy supplies of Asian nations? Do you think the Philippines will fall into an economic recession this year if the oil prices remained high? Do you think it is a wise idea for the Philippines to pursue a joint oil and gas exploration in the South China Sea with Communist China?
You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.
+++++
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 athttps://www.instagram.com/authorcarlocarrasco
#ASEAN #Asia #AssociationOfSoutheastAsianNationsASEAN #Bing #BongbongMarcos #business #businessNews #CarloCarrasco #ChatGPT #China #Communist #CommunistChina #democracy #diversity #economics #economy #EconomyOfJapan #EconomyOfThePhilippines #energy #Facebook #geek #geopolitics #Google #GoogleSearch #governance #Inclusion #Instagram #Instapundit #Investagrams #Iran #IslamicTerrorism #IslamicTerroristRegimeOfIran #IslamicTerrorists #Japan #Japanese #JijiPress #liberal #ManilaBulletin #Marcos #Marxist #nationalSecurity #Nippon #oil #Philippines #SanaeTakaichi #security #socialMedia #socialist #StraitOfHormuz #TakaichiSanae #terroristStateOfIran #WordPress #WordPressCom -
Japan Supports Oil Diversification In Southeast Asia
For a few months now, the economies of Southeast Asian nations have been affected by the higher costs of imported oil from the Middle East and there is no telling what evil the terrorist state of Iran could do with regards to the critical Strait of Hormuz. As such, the need for Southeast Asian nations to diversify their crude oil procurement sources is clear and Japan confirmed it will help them, according to a news article by Jiji Press with additional content from Manila Bulletin.
To put things in perspective, posted below is an excerpt from the news article of Jiji Press. Some parts in boldface…
The Japanese government plans to help Southeast Asian countries diversify their crude oil procurement sources, in order to stabilize petrochemical supply chains amid the ongoing Middle East tensions.
Faced with recent energy shocks following the effective closure of the Strait of Hormuz, Southeast Asian nations, which depend heavily on imported crude oil, are working to reduce their reliance on Middle East oil.
The Philippines has depended on the Middle East for more than 90 pct of its crude oil imports. In March, the Philippines declared a national energy emergency due to soaring crude oil prices.
The Southeast Asian nation recently started importing crude oil from Russia, even while some countries have reduced or halted imports from Russia as part of sanctions following its invasion of Ukraine. The Philippines has also shown a willingness to pursue joint oil and gas exploration with China in the South China Sea, where the two countries have territorial disputes.
Philippine President Ferdinand Marcos Jr. said in a recent interview, “I don’t think that we will go back to the old system where the majority of the petroleum products that are coming out of the Strait of Hormuz are going to Asia.”
Marcos expressed expectations that Asian countries will further advance the diversification of their crude oil supply sources in the coming years.
Other member states of the Association of Southeast Asian Nations, such as Thailand and Vietnam, are also seeking to diversify their procurement of crude oil by increasing imports from the United States and African countries, in addition to Russia.
At an ASEAN summit in Cebu in the Philippines earlier this month, leaders reaffirmed in a joint statement their commitment to diversifying crude oil procurement sources and promoting energy trade in the region. They also exchanged views on the idea of establishing joint oil and gas reserves.
Meanwhile, the Japanese government is wary of the potential impact on domestic supply chains if supply chains in Southeast Asia, a petrochemical manufacturing hub, are disrupted.
“Supporting supply chains in Asian countries will directly contribute to strengthening the Japanese economy,” Japanese Prime Minister Sanae Takaichi said, indicating her intention to support ASEAN.
In April, the Japanese government announced a framework to provide financial support of 10 billion dollars, or around 1.6 trillion yen, to help stabilize energy supplies in Asian countries.
Let me end this piece by asking you readers: What is your reaction to this development? Do you think Japan’s support for oil diversification in Southeast Asia is crucial for both itself and the region? Do you think Japan’s $10 billion plan will succeed in stabilizing the energy supplies of Asian nations? Do you think the Philippines will fall into an economic recession this year if the oil prices remained high? Do you think it is a wise idea for the Philippines to pursue a joint oil and gas exploration in the South China Sea with Communist China?
You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.
+++++
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 athttps://www.instagram.com/authorcarlocarrasco
#ASEAN #Asia #AssociationOfSoutheastAsianNationsASEAN #Bing #BongbongMarcos #business #businessNews #CarloCarrasco #ChatGPT #China #Communist #CommunistChina #democracy #diversity #economics #economy #EconomyOfJapan #EconomyOfThePhilippines #energy #Facebook #geek #geopolitics #Google #GoogleSearch #governance #Inclusion #Instagram #Instapundit #Investagrams #Iran #IslamicTerrorism #IslamicTerroristRegimeOfIran #IslamicTerrorists #Japan #Japanese #JijiPress #liberal #ManilaBulletin #Marcos #Marxist #nationalSecurity #Nippon #oil #Philippines #SanaeTakaichi #security #socialMedia #socialist #StraitOfHormuz #TakaichiSanae #terroristStateOfIran #WordPress #WordPressCom -
Japanese Business Leaders Pledge $3.4 Billion Worth Of Investments For The Philippines
The Philippines, which is already struggling with weak economic growth, high fuel prices and rapid inflation, got a boost thanks to Japanese business leaders who pledged investments worth $3.4 billion for the country, according to a news report by GMA News.
To put things in perspective, posted below is an excerpt from the news report of GMA News. Some parts in boldface…
President Ferdinand Marcos Jr. on Wednesday secured stronger commitments for deeper economic integration during a high-level roundtable meeting with top Japanese business executives at the Imperial Hotel in Tokyo.
In his meeting with leaders of Japan’s largest conglomerates and financial institutions, Marcos bagged an aggregate investment commitment of $3.4 billion (approximately P210 billion) from participating Japanese corporations.
In a statement, the Presidential Communications Office (PCO) said these combined capital inflows are “projected to catalyze substantive macroeconomic benefits, expanding domestic industrial capacity and directly generating thousands of high-quality, specialized jobs for Filipinos.”
The PCO added that the infusion “underscores the resilience of the Philippine market, promising long-term economic dividends by fortifying local supply chains, upgrading tourism infrastructure, and accelerating technology transfers across critical growth sectors.”
The President is in Tokyo for a four-day state visit upon the invitation of the Japanese government.
In his remarks, Marcos said a robust Philippine-Japan economic corridor is critical and that laying the groundwork for an enhanced, unified partnership is essential to navigate global difficulties, build resilience, and sustain momentum.
“As we mark 70 years of the normalization of our diplomatic relations, we are no longer simply commemorating history. We are entering a new chapter – a chapter defined not only by friendship, but by deeper integration, shared growth, and a common belief in the future,” the President told the leaders of Japan’s largest conglomerates and financial institutions.
He outlined a unified government approach spearheaded by the Department of Trade and Industry (DTI) and the Department of Tourism (DOT).
“The Philippines is pursuing a clear national direction: building an economy where infrastructure, industry, finance, human capital, and connectivity move together as one system of growth,” Marcos said.
“Increasingly, we recognize that trade and tourism will be among the most important engines of that growth.”
He underscored the importance of stronger trade and tourism linkages, saying these are not supporting sectors but “core drivers of economic expansion in the Philippines moving forward.”
“This is a philosophy our two countries understand deeply,” the President said.
He also acknowledged the foundational contributions of several Japanese firms operating in the Philippines, such as All Nippon Airways, Toyota, Mitsubishi Corporation, Marubeni, Panasonic, and Fast Retailing.
He thanked these Japanese investors for their continued confidence in the Philippine economy and for helping create high-quality opportunities for Filipino workers and industries.
“You are no longer just investors in our economy. You are builders of it,” Marcos told the Japanese business leaders.
Let me end this piece by asking you readers: What is your reaction to this development? Do you think the $3.4 billion investment pledge by Japanese corporations will be a huge boost for the Philippines’ economy? Do you consider the ties of Japan and the Philippines healthy today?
You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.
+++++
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 athttps://www.instagram.com/authorcarlocarrasco
#ASEAN #Asia #AssociationOfSoutheastAsianNationsASEAN #Bing #BongbongMarcos #business #businessNews #CarloCarrasco #ChatGPT #democracy #DepartmentOfTourismDOT #DepartmentOfTradeAndIndustryDTI #diversity #economicDynamism #economicGrowth #economics #economy #EconomyOfThePhilippines #Facebook #finance #foreignInvestors #geek #geopolitics #GMANetwork #GMANews #Google #GoogleSearch #governance #growth #Imperial #Inclusion #inflation #Instagram #Instapundit #Investagrams #investing #investment #investors #Japan #Japanese #jobs #Marcos #money #nationalSecurity #Nippon #Philippines #PresidentMarcos #rapidInflation #SanaeTakaichi #security #socialMedia #TakaichiSanae #WordPress #WordPressCom -
Japanese Business Leaders Pledge $3.4 Billion Worth Of Investments For The Philippines
The Philippines, which is already struggling with weak economic growth, high fuel prices and rapid inflation, got a boost thanks to Japanese business leaders who pledged investments worth $3.4 billion for the country, according to a news report by GMA News.
To put things in perspective, posted below is an excerpt from the news report of GMA News. Some parts in boldface…
President Ferdinand Marcos Jr. on Wednesday secured stronger commitments for deeper economic integration during a high-level roundtable meeting with top Japanese business executives at the Imperial Hotel in Tokyo.
In his meeting with leaders of Japan’s largest conglomerates and financial institutions, Marcos bagged an aggregate investment commitment of $3.4 billion (approximately P210 billion) from participating Japanese corporations.
In a statement, the Presidential Communications Office (PCO) said these combined capital inflows are “projected to catalyze substantive macroeconomic benefits, expanding domestic industrial capacity and directly generating thousands of high-quality, specialized jobs for Filipinos.”
The PCO added that the infusion “underscores the resilience of the Philippine market, promising long-term economic dividends by fortifying local supply chains, upgrading tourism infrastructure, and accelerating technology transfers across critical growth sectors.”
The President is in Tokyo for a four-day state visit upon the invitation of the Japanese government.
In his remarks, Marcos said a robust Philippine-Japan economic corridor is critical and that laying the groundwork for an enhanced, unified partnership is essential to navigate global difficulties, build resilience, and sustain momentum.
“As we mark 70 years of the normalization of our diplomatic relations, we are no longer simply commemorating history. We are entering a new chapter – a chapter defined not only by friendship, but by deeper integration, shared growth, and a common belief in the future,” the President told the leaders of Japan’s largest conglomerates and financial institutions.
He outlined a unified government approach spearheaded by the Department of Trade and Industry (DTI) and the Department of Tourism (DOT).
“The Philippines is pursuing a clear national direction: building an economy where infrastructure, industry, finance, human capital, and connectivity move together as one system of growth,” Marcos said.
“Increasingly, we recognize that trade and tourism will be among the most important engines of that growth.”
He underscored the importance of stronger trade and tourism linkages, saying these are not supporting sectors but “core drivers of economic expansion in the Philippines moving forward.”
“This is a philosophy our two countries understand deeply,” the President said.
He also acknowledged the foundational contributions of several Japanese firms operating in the Philippines, such as All Nippon Airways, Toyota, Mitsubishi Corporation, Marubeni, Panasonic, and Fast Retailing.
He thanked these Japanese investors for their continued confidence in the Philippine economy and for helping create high-quality opportunities for Filipino workers and industries.
“You are no longer just investors in our economy. You are builders of it,” Marcos told the Japanese business leaders.
Let me end this piece by asking you readers: What is your reaction to this development? Do you think the $3.4 billion investment pledge by Japanese corporations will be a huge boost for the Philippines’ economy? Do you consider the ties of Japan and the Philippines healthy today?
You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.
+++++
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 athttps://www.instagram.com/authorcarlocarrasco
#ASEAN #Asia #AssociationOfSoutheastAsianNationsASEAN #Bing #BongbongMarcos #business #businessNews #CarloCarrasco #ChatGPT #democracy #DepartmentOfTourismDOT #DepartmentOfTradeAndIndustryDTI #diversity #economicDynamism #economicGrowth #economics #economy #EconomyOfThePhilippines #Facebook #finance #foreignInvestors #geek #geopolitics #GMANetwork #GMANews #Google #GoogleSearch #governance #growth #Imperial #Inclusion #inflation #Instagram #Instapundit #Investagrams #investing #investment #investors #Japan #Japanese #jobs #Marcos #money #nationalSecurity #Nippon #Philippines #PresidentMarcos #rapidInflation #SanaeTakaichi #security #socialMedia #TakaichiSanae #WordPress #WordPressCom -
Japanese Business Leaders Pledge $3.4 Billion Worth Of Investments For The Philippines
The Philippines, which is already struggling with weak economic growth, high fuel prices and rapid inflation, got a boost thanks to Japanese business leaders who pledged investments worth $3.4 billion for the country, according to a news report by GMA News.
To put things in perspective, posted below is an excerpt from the news report of GMA News. Some parts in boldface…
President Ferdinand Marcos Jr. on Wednesday secured stronger commitments for deeper economic integration during a high-level roundtable meeting with top Japanese business executives at the Imperial Hotel in Tokyo.
In his meeting with leaders of Japan’s largest conglomerates and financial institutions, Marcos bagged an aggregate investment commitment of $3.4 billion (approximately P210 billion) from participating Japanese corporations.
In a statement, the Presidential Communications Office (PCO) said these combined capital inflows are “projected to catalyze substantive macroeconomic benefits, expanding domestic industrial capacity and directly generating thousands of high-quality, specialized jobs for Filipinos.”
The PCO added that the infusion “underscores the resilience of the Philippine market, promising long-term economic dividends by fortifying local supply chains, upgrading tourism infrastructure, and accelerating technology transfers across critical growth sectors.”
The President is in Tokyo for a four-day state visit upon the invitation of the Japanese government.
In his remarks, Marcos said a robust Philippine-Japan economic corridor is critical and that laying the groundwork for an enhanced, unified partnership is essential to navigate global difficulties, build resilience, and sustain momentum.
“As we mark 70 years of the normalization of our diplomatic relations, we are no longer simply commemorating history. We are entering a new chapter – a chapter defined not only by friendship, but by deeper integration, shared growth, and a common belief in the future,” the President told the leaders of Japan’s largest conglomerates and financial institutions.
He outlined a unified government approach spearheaded by the Department of Trade and Industry (DTI) and the Department of Tourism (DOT).
“The Philippines is pursuing a clear national direction: building an economy where infrastructure, industry, finance, human capital, and connectivity move together as one system of growth,” Marcos said.
“Increasingly, we recognize that trade and tourism will be among the most important engines of that growth.”
He underscored the importance of stronger trade and tourism linkages, saying these are not supporting sectors but “core drivers of economic expansion in the Philippines moving forward.”
“This is a philosophy our two countries understand deeply,” the President said.
He also acknowledged the foundational contributions of several Japanese firms operating in the Philippines, such as All Nippon Airways, Toyota, Mitsubishi Corporation, Marubeni, Panasonic, and Fast Retailing.
He thanked these Japanese investors for their continued confidence in the Philippine economy and for helping create high-quality opportunities for Filipino workers and industries.
“You are no longer just investors in our economy. You are builders of it,” Marcos told the Japanese business leaders.
Let me end this piece by asking you readers: What is your reaction to this development? Do you think the $3.4 billion investment pledge by Japanese corporations will be a huge boost for the Philippines’ economy? Do you consider the ties of Japan and the Philippines healthy today?
You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.
+++++
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 athttps://www.instagram.com/authorcarlocarrasco
#ASEAN #Asia #AssociationOfSoutheastAsianNationsASEAN #Bing #BongbongMarcos #business #businessNews #CarloCarrasco #ChatGPT #democracy #DepartmentOfTourismDOT #DepartmentOfTradeAndIndustryDTI #diversity #economicDynamism #economicGrowth #economics #economy #EconomyOfThePhilippines #Facebook #finance #foreignInvestors #geek #geopolitics #GMANetwork #GMANews #Google #GoogleSearch #governance #growth #Imperial #Inclusion #inflation #Instagram #Instapundit #Investagrams #investing #investment #investors #Japan #Japanese #jobs #Marcos #money #nationalSecurity #Nippon #Philippines #PresidentMarcos #rapidInflation #SanaeTakaichi #security #socialMedia #TakaichiSanae #WordPress #WordPressCom -
Japanese Business Leaders Pledge $3.4 Billion Worth Of Investments For The Philippines
The Philippines, which is already struggling with weak economic growth, high fuel prices and rapid inflation, got a boost thanks to Japanese business leaders who pledged investments worth $3.4 billion for the country, according to a news report by GMA News.
To put things in perspective, posted below is an excerpt from the news report of GMA News. Some parts in boldface…
President Ferdinand Marcos Jr. on Wednesday secured stronger commitments for deeper economic integration during a high-level roundtable meeting with top Japanese business executives at the Imperial Hotel in Tokyo.
In his meeting with leaders of Japan’s largest conglomerates and financial institutions, Marcos bagged an aggregate investment commitment of $3.4 billion (approximately P210 billion) from participating Japanese corporations.
In a statement, the Presidential Communications Office (PCO) said these combined capital inflows are “projected to catalyze substantive macroeconomic benefits, expanding domestic industrial capacity and directly generating thousands of high-quality, specialized jobs for Filipinos.”
The PCO added that the infusion “underscores the resilience of the Philippine market, promising long-term economic dividends by fortifying local supply chains, upgrading tourism infrastructure, and accelerating technology transfers across critical growth sectors.”
The President is in Tokyo for a four-day state visit upon the invitation of the Japanese government.
In his remarks, Marcos said a robust Philippine-Japan economic corridor is critical and that laying the groundwork for an enhanced, unified partnership is essential to navigate global difficulties, build resilience, and sustain momentum.
“As we mark 70 years of the normalization of our diplomatic relations, we are no longer simply commemorating history. We are entering a new chapter – a chapter defined not only by friendship, but by deeper integration, shared growth, and a common belief in the future,” the President told the leaders of Japan’s largest conglomerates and financial institutions.
He outlined a unified government approach spearheaded by the Department of Trade and Industry (DTI) and the Department of Tourism (DOT).
“The Philippines is pursuing a clear national direction: building an economy where infrastructure, industry, finance, human capital, and connectivity move together as one system of growth,” Marcos said.
“Increasingly, we recognize that trade and tourism will be among the most important engines of that growth.”
He underscored the importance of stronger trade and tourism linkages, saying these are not supporting sectors but “core drivers of economic expansion in the Philippines moving forward.”
“This is a philosophy our two countries understand deeply,” the President said.
He also acknowledged the foundational contributions of several Japanese firms operating in the Philippines, such as All Nippon Airways, Toyota, Mitsubishi Corporation, Marubeni, Panasonic, and Fast Retailing.
He thanked these Japanese investors for their continued confidence in the Philippine economy and for helping create high-quality opportunities for Filipino workers and industries.
“You are no longer just investors in our economy. You are builders of it,” Marcos told the Japanese business leaders.
Let me end this piece by asking you readers: What is your reaction to this development? Do you think the $3.4 billion investment pledge by Japanese corporations will be a huge boost for the Philippines’ economy? Do you consider the ties of Japan and the Philippines healthy today?
You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.
+++++
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 athttps://www.instagram.com/authorcarlocarrasco
#ASEAN #Asia #AssociationOfSoutheastAsianNationsASEAN #Bing #BongbongMarcos #business #businessNews #CarloCarrasco #ChatGPT #democracy #DepartmentOfTourismDOT #DepartmentOfTradeAndIndustryDTI #diversity #economicDynamism #economicGrowth #economics #economy #EconomyOfThePhilippines #Facebook #finance #foreignInvestors #geek #geopolitics #GMANetwork #GMANews #Google #GoogleSearch #governance #growth #Imperial #Inclusion #inflation #Instagram #Instapundit #Investagrams #investing #investment #investors #Japan #Japanese #jobs #Marcos #money #nationalSecurity #Nippon #Philippines #PresidentMarcos #rapidInflation #SanaeTakaichi #security #socialMedia #TakaichiSanae #WordPress #WordPressCom -
Geordie AI, cybersecurity startup for AI agents, raises $30 million Series A round | Fortune https://fortune.com/2026/05/28/geordie-security-governance-ai-agents/ #cybersecurity #AI #AIAgents #AgenticAI #governance
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Robinhood just announced AI agents that can trade and spend on your behalf — with "limited human interaction."
Cool feature. But who is accountable when it goes wrong?
A spending cap and a push notification is not governance. It's a disclaimer.
We're building AI systems that act in the world and treating accountability like a settings menu.
Accounting, and structure of current AI is disgusting. Making the rich richer and the poor poorer, but that's not AI's fault.
#AI #Governance #AxiomOS #FOSS -
America’s Pax Silica Prompts P7 Billion Power Expansion In New Clark City
Pax Silica – the United States’ Pax Silica flagship effort on artificial intelligence (AI) and supply chain security that includes the Philippines – prompted the P7 billion investment of the National Grid Corporation of the Philippines (NGCP) to ensure a stable power supply for New Clark City in Tarlac province, according to a news report by the Manila Bulletin.
To put things in perspective, posted below is an excerpt from the Manila Bulletin report. Some parts in boldface…
The National Grid Corporation of the Philippines (NGCP) plans to invest nearly ₱7 billion in a dedicated substation to guarantee a stable power supply for New Clark City in Capas, Tarlac, anticipating a surge in demand from a planned artificial intelligence (AI) industrial hub.
Joshua Bingcang, president and chief executive officer of the Bases Conversion and Development Authority (BCDA), said the investment promotion agency is currently in talks with NGCP to finalize the project’s details. The grid operator is drafting the alignment plan for the substation, which Bingcang noted should be finalized “soon.”
“Our target with them is by [the] end of 2028, the dedicated power connection should be already installed in New Clark City,” he told reporters last week.
Bingcang added that the BCDA initially offered to fund the project to jump-start construction, with NGCP reimbursing the agency later. However, NGCP declined the offer because the substation is already integrated into its capital expenditures.
Under its Transmission Development Plan 2024 to 2050, NGCP outlined plans to construct the Capas 230-kilovolt (kV) substation to meet the growing power needs of the emerging metropolis. According to the plan, NGCP will allocate ₱6.95 billion to develop the facility.
To facilitate the project, Bingcang said the BCDA is offering land along the Subic-Clark-Tarlac Expressway (SCTEX) to ensure an unimpeded route for the transmission line into New Clark City. Once operational, the substation is expected to give locators in the AI hub the confidence to manufacture high-value inputs without risking operational pauses due to power shortages.
The AI hub will span more than 1,600 hectares within New Clark City as part of the United States-led Pax Silica partnership, which aims to encourage investment among member countries to bolster the global AI supply chain.
To meet the site’s massive energy requirements, Bingcang said the BCDA expects a foreign investor to build a solar energy project capable of generating up to 500 megawatts. Furthermore, the agency is drafting plans for an embedded power plant to secure baseload power and enhance the hub’s overall energy reliability.
In a separate interview with Business 360, Bingcang disclosed that the BCDA is also negotiating with US investors to construct a dedicated pipeline to transport jet fuel from Subic Bay to Clark International Airport, supporting the logistics needs of companies within the AI hub. The agency is also exploring a separate pipeline along SCTEX to deliver fuel or liquefied natural gas.
Additionally, the BCDA is advancing a public-private partnership (PPP) project for New Clark City’s information and communications technology (ICT) infrastructure. According to a bid bulletin published by the PPP Center, the agency aims to conclude the procurement process for a joint venture partner to lay fiber-optic cables across the city by August.
Bingcang noted that all of these infrastructure projects were requested by the US during preliminary talks for the AI hub. Following a visit to the 1,600-hectare site last week, the US will send engineering personnel next month to conduct a site assessment and design a concept plan for the industrial zone.
“Parallel to these technical studies, we will also finalize the commercial arrangement and contractual framework for the project. Within the year, we will be announcing a definitive contract arrangement [with the US],” Bingcang said.
Let me end this post by asking you readers: What is your reaction to this recent development? Do you think Pax Silica will prompt further infrastructure and energy developments related with New Clark City as the initiative develops further? Do you think there is room for nuclear power to considered in the years to come?
You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.
+++++
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 athttps://www.instagram.com/authorcarlocarrasco
#America #ArtificialIntelligenceAI #ASEAN #Asia #AssociationOfSoutheastAsianNationsASEAN #BasesConversionAndDevelopmentAuthorityBCDA #Bing #business #businessNews #CarloCarrasco #ChatGPT #commerce #DonaldJTrump #DonaldTrump #economicConfidence #economicDynamism #economicGrowth #economics #economy #EconomyOfThePhilippines #electricity #energy #Facebook #foreignInvestment #foreignInvestors #geek #Google #GoogleSearch #governance #grossDomesticProductGDP #Instagram #Investagrams #investment #ManilaBulletin #NationalGridCorporationOfThePhilippinesNGCP #NewClarkCity #news #nuclear #nuclearEnergy #nuclearPower #PaxSilica #Philippines #PhilippinesBlog #Pinoy #power #PresidentTrump #publicService #socialMedia #SoutheastAsia #Tarlac #technology #Trump #Twitter #UnitedStatesOfAmerica #UnitedStatesOfAmericaUSA #USA #WordPress #WordPressCom -
America’s Pax Silica Prompts P7 Billion Power Expansion In New Clark City
Pax Silica – the United States’ Pax Silica flagship effort on artificial intelligence (AI) and supply chain security that includes the Philippines – prompted the P7 billion investment of the National Grid Corporation of the Philippines (NGCP) to ensure a stable power supply for New Clark City in Tarlac province, according to a news report by the Manila Bulletin.
To put things in perspective, posted below is an excerpt from the Manila Bulletin report. Some parts in boldface…
The National Grid Corporation of the Philippines (NGCP) plans to invest nearly ₱7 billion in a dedicated substation to guarantee a stable power supply for New Clark City in Capas, Tarlac, anticipating a surge in demand from a planned artificial intelligence (AI) industrial hub.
Joshua Bingcang, president and chief executive officer of the Bases Conversion and Development Authority (BCDA), said the investment promotion agency is currently in talks with NGCP to finalize the project’s details. The grid operator is drafting the alignment plan for the substation, which Bingcang noted should be finalized “soon.”
“Our target with them is by [the] end of 2028, the dedicated power connection should be already installed in New Clark City,” he told reporters last week.
Bingcang added that the BCDA initially offered to fund the project to jump-start construction, with NGCP reimbursing the agency later. However, NGCP declined the offer because the substation is already integrated into its capital expenditures.
Under its Transmission Development Plan 2024 to 2050, NGCP outlined plans to construct the Capas 230-kilovolt (kV) substation to meet the growing power needs of the emerging metropolis. According to the plan, NGCP will allocate ₱6.95 billion to develop the facility.
To facilitate the project, Bingcang said the BCDA is offering land along the Subic-Clark-Tarlac Expressway (SCTEX) to ensure an unimpeded route for the transmission line into New Clark City. Once operational, the substation is expected to give locators in the AI hub the confidence to manufacture high-value inputs without risking operational pauses due to power shortages.
The AI hub will span more than 1,600 hectares within New Clark City as part of the United States-led Pax Silica partnership, which aims to encourage investment among member countries to bolster the global AI supply chain.
To meet the site’s massive energy requirements, Bingcang said the BCDA expects a foreign investor to build a solar energy project capable of generating up to 500 megawatts. Furthermore, the agency is drafting plans for an embedded power plant to secure baseload power and enhance the hub’s overall energy reliability.
In a separate interview with Business 360, Bingcang disclosed that the BCDA is also negotiating with US investors to construct a dedicated pipeline to transport jet fuel from Subic Bay to Clark International Airport, supporting the logistics needs of companies within the AI hub. The agency is also exploring a separate pipeline along SCTEX to deliver fuel or liquefied natural gas.
Additionally, the BCDA is advancing a public-private partnership (PPP) project for New Clark City’s information and communications technology (ICT) infrastructure. According to a bid bulletin published by the PPP Center, the agency aims to conclude the procurement process for a joint venture partner to lay fiber-optic cables across the city by August.
Bingcang noted that all of these infrastructure projects were requested by the US during preliminary talks for the AI hub. Following a visit to the 1,600-hectare site last week, the US will send engineering personnel next month to conduct a site assessment and design a concept plan for the industrial zone.
“Parallel to these technical studies, we will also finalize the commercial arrangement and contractual framework for the project. Within the year, we will be announcing a definitive contract arrangement [with the US],” Bingcang said.
Let me end this post by asking you readers: What is your reaction to this recent development? Do you think Pax Silica will prompt further infrastructure and energy developments related with New Clark City as the initiative develops further? Do you think there is room for nuclear power to considered in the years to come?
You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.
+++++
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 athttps://www.instagram.com/authorcarlocarrasco
#America #ArtificialIntelligenceAI #ASEAN #Asia #AssociationOfSoutheastAsianNationsASEAN #BasesConversionAndDevelopmentAuthorityBCDA #Bing #business #businessNews #CarloCarrasco #ChatGPT #commerce #DonaldJTrump #DonaldTrump #economicConfidence #economicDynamism #economicGrowth #economics #economy #EconomyOfThePhilippines #electricity #energy #Facebook #foreignInvestment #foreignInvestors #geek #Google #GoogleSearch #governance #grossDomesticProductGDP #Instagram #Investagrams #investment #ManilaBulletin #NationalGridCorporationOfThePhilippinesNGCP #NewClarkCity #news #nuclear #nuclearEnergy #nuclearPower #PaxSilica #Philippines #PhilippinesBlog #Pinoy #power #PresidentTrump #publicService #socialMedia #SoutheastAsia #Tarlac #technology #Trump #Twitter #UnitedStatesOfAmerica #UnitedStatesOfAmericaUSA #USA #WordPress #WordPressCom -
America’s Pax Silica Prompts P7 Billion Power Expansion In New Clark City
Pax Silica – the United States’ Pax Silica flagship effort on artificial intelligence (AI) and supply chain security that includes the Philippines – prompted the P7 billion investment of the National Grid Corporation of the Philippines (NGCP) to ensure a stable power supply for New Clark City in Tarlac province, according to a news report by the Manila Bulletin.
To put things in perspective, posted below is an excerpt from the Manila Bulletin report. Some parts in boldface…
The National Grid Corporation of the Philippines (NGCP) plans to invest nearly ₱7 billion in a dedicated substation to guarantee a stable power supply for New Clark City in Capas, Tarlac, anticipating a surge in demand from a planned artificial intelligence (AI) industrial hub.
Joshua Bingcang, president and chief executive officer of the Bases Conversion and Development Authority (BCDA), said the investment promotion agency is currently in talks with NGCP to finalize the project’s details. The grid operator is drafting the alignment plan for the substation, which Bingcang noted should be finalized “soon.”
“Our target with them is by [the] end of 2028, the dedicated power connection should be already installed in New Clark City,” he told reporters last week.
Bingcang added that the BCDA initially offered to fund the project to jump-start construction, with NGCP reimbursing the agency later. However, NGCP declined the offer because the substation is already integrated into its capital expenditures.
Under its Transmission Development Plan 2024 to 2050, NGCP outlined plans to construct the Capas 230-kilovolt (kV) substation to meet the growing power needs of the emerging metropolis. According to the plan, NGCP will allocate ₱6.95 billion to develop the facility.
To facilitate the project, Bingcang said the BCDA is offering land along the Subic-Clark-Tarlac Expressway (SCTEX) to ensure an unimpeded route for the transmission line into New Clark City. Once operational, the substation is expected to give locators in the AI hub the confidence to manufacture high-value inputs without risking operational pauses due to power shortages.
The AI hub will span more than 1,600 hectares within New Clark City as part of the United States-led Pax Silica partnership, which aims to encourage investment among member countries to bolster the global AI supply chain.
To meet the site’s massive energy requirements, Bingcang said the BCDA expects a foreign investor to build a solar energy project capable of generating up to 500 megawatts. Furthermore, the agency is drafting plans for an embedded power plant to secure baseload power and enhance the hub’s overall energy reliability.
In a separate interview with Business 360, Bingcang disclosed that the BCDA is also negotiating with US investors to construct a dedicated pipeline to transport jet fuel from Subic Bay to Clark International Airport, supporting the logistics needs of companies within the AI hub. The agency is also exploring a separate pipeline along SCTEX to deliver fuel or liquefied natural gas.
Additionally, the BCDA is advancing a public-private partnership (PPP) project for New Clark City’s information and communications technology (ICT) infrastructure. According to a bid bulletin published by the PPP Center, the agency aims to conclude the procurement process for a joint venture partner to lay fiber-optic cables across the city by August.
Bingcang noted that all of these infrastructure projects were requested by the US during preliminary talks for the AI hub. Following a visit to the 1,600-hectare site last week, the US will send engineering personnel next month to conduct a site assessment and design a concept plan for the industrial zone.
“Parallel to these technical studies, we will also finalize the commercial arrangement and contractual framework for the project. Within the year, we will be announcing a definitive contract arrangement [with the US],” Bingcang said.
Let me end this post by asking you readers: What is your reaction to this recent development? Do you think Pax Silica will prompt further infrastructure and energy developments related with New Clark City as the initiative develops further? Do you think there is room for nuclear power to considered in the years to come?
You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.
+++++
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 athttps://www.instagram.com/authorcarlocarrasco
#America #ArtificialIntelligenceAI #ASEAN #Asia #AssociationOfSoutheastAsianNationsASEAN #BasesConversionAndDevelopmentAuthorityBCDA #Bing #business #businessNews #CarloCarrasco #ChatGPT #commerce #DonaldJTrump #DonaldTrump #economicConfidence #economicDynamism #economicGrowth #economics #economy #EconomyOfThePhilippines #electricity #energy #Facebook #foreignInvestment #foreignInvestors #geek #Google #GoogleSearch #governance #grossDomesticProductGDP #Instagram #Investagrams #investment #ManilaBulletin #NationalGridCorporationOfThePhilippinesNGCP #NewClarkCity #news #nuclear #nuclearEnergy #nuclearPower #PaxSilica #Philippines #PhilippinesBlog #Pinoy #power #PresidentTrump #publicService #socialMedia #SoutheastAsia #Tarlac #technology #Trump #Twitter #UnitedStatesOfAmerica #UnitedStatesOfAmericaUSA #USA #WordPress #WordPressCom -
America’s Pax Silica Prompts P7 Billion Power Expansion In New Clark City
Pax Silica – the United States’ Pax Silica flagship effort on artificial intelligence (AI) and supply chain security that includes the Philippines – prompted the P7 billion investment of the National Grid Corporation of the Philippines (NGCP) to ensure a stable power supply for New Clark City in Tarlac province, according to a news report by the Manila Bulletin.
To put things in perspective, posted below is an excerpt from the Manila Bulletin report. Some parts in boldface…
The National Grid Corporation of the Philippines (NGCP) plans to invest nearly ₱7 billion in a dedicated substation to guarantee a stable power supply for New Clark City in Capas, Tarlac, anticipating a surge in demand from a planned artificial intelligence (AI) industrial hub.
Joshua Bingcang, president and chief executive officer of the Bases Conversion and Development Authority (BCDA), said the investment promotion agency is currently in talks with NGCP to finalize the project’s details. The grid operator is drafting the alignment plan for the substation, which Bingcang noted should be finalized “soon.”
“Our target with them is by [the] end of 2028, the dedicated power connection should be already installed in New Clark City,” he told reporters last week.
Bingcang added that the BCDA initially offered to fund the project to jump-start construction, with NGCP reimbursing the agency later. However, NGCP declined the offer because the substation is already integrated into its capital expenditures.
Under its Transmission Development Plan 2024 to 2050, NGCP outlined plans to construct the Capas 230-kilovolt (kV) substation to meet the growing power needs of the emerging metropolis. According to the plan, NGCP will allocate ₱6.95 billion to develop the facility.
To facilitate the project, Bingcang said the BCDA is offering land along the Subic-Clark-Tarlac Expressway (SCTEX) to ensure an unimpeded route for the transmission line into New Clark City. Once operational, the substation is expected to give locators in the AI hub the confidence to manufacture high-value inputs without risking operational pauses due to power shortages.
The AI hub will span more than 1,600 hectares within New Clark City as part of the United States-led Pax Silica partnership, which aims to encourage investment among member countries to bolster the global AI supply chain.
To meet the site’s massive energy requirements, Bingcang said the BCDA expects a foreign investor to build a solar energy project capable of generating up to 500 megawatts. Furthermore, the agency is drafting plans for an embedded power plant to secure baseload power and enhance the hub’s overall energy reliability.
In a separate interview with Business 360, Bingcang disclosed that the BCDA is also negotiating with US investors to construct a dedicated pipeline to transport jet fuel from Subic Bay to Clark International Airport, supporting the logistics needs of companies within the AI hub. The agency is also exploring a separate pipeline along SCTEX to deliver fuel or liquefied natural gas.
Additionally, the BCDA is advancing a public-private partnership (PPP) project for New Clark City’s information and communications technology (ICT) infrastructure. According to a bid bulletin published by the PPP Center, the agency aims to conclude the procurement process for a joint venture partner to lay fiber-optic cables across the city by August.
Bingcang noted that all of these infrastructure projects were requested by the US during preliminary talks for the AI hub. Following a visit to the 1,600-hectare site last week, the US will send engineering personnel next month to conduct a site assessment and design a concept plan for the industrial zone.
“Parallel to these technical studies, we will also finalize the commercial arrangement and contractual framework for the project. Within the year, we will be announcing a definitive contract arrangement [with the US],” Bingcang said.
Let me end this post by asking you readers: What is your reaction to this recent development? Do you think Pax Silica will prompt further infrastructure and energy developments related with New Clark City as the initiative develops further? Do you think there is room for nuclear power to considered in the years to come?
You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.
+++++
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 athttps://www.instagram.com/authorcarlocarrasco
#America #ArtificialIntelligenceAI #ASEAN #Asia #AssociationOfSoutheastAsianNationsASEAN #BasesConversionAndDevelopmentAuthorityBCDA #Bing #business #businessNews #CarloCarrasco #ChatGPT #commerce #DonaldJTrump #DonaldTrump #economicConfidence #economicDynamism #economicGrowth #economics #economy #EconomyOfThePhilippines #electricity #energy #Facebook #foreignInvestment #foreignInvestors #geek #Google #GoogleSearch #governance #grossDomesticProductGDP #Instagram #Investagrams #investment #ManilaBulletin #NationalGridCorporationOfThePhilippinesNGCP #NewClarkCity #news #nuclear #nuclearEnergy #nuclearPower #PaxSilica #Philippines #PhilippinesBlog #Pinoy #power #PresidentTrump #publicService #socialMedia #SoutheastAsia #Tarlac #technology #Trump #Twitter #UnitedStatesOfAmerica #UnitedStatesOfAmericaUSA #USA #WordPress #WordPressCom -
https://www.europesays.com/africa/254880/ AfDB Approves $68 M Support Package for Madagascar’s Economic Reform Programme #AfricaEconomy #AfricanDevelopmentBank #AfricanDevelopmentFund #DevelopmentFinance #EconomicReform #EnergyAccess #Governance #InfrastructureInvestment #Madagascar #PrivateSectorDevelopment #PublicFinancialManagement #PublicPrivatePartnerships #RuralElectrification #SustainableEnergy #TaxReform
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Post 3/3
The pattern runs across American municipal infrastructure. State actors use the intelligence to refine playbooks for the next target.
Your insurance policy won't protect your reputation. Free software runs on expensive discipline—and public critical infrastructure collapses without it.
https://haunted.lighthouse.co.im/articles/la-metro-breach/#CriticalInfrastructure #Cybersecurity #Governance #DigitalSovereignty #LACMTA #Governance #MunicipalSecurity #Infrastructure #DataProtection
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https://www.europesays.com/britain/49754/ Oil giant BP abruptly ousts chairman over ‘conduct’ concerns #AbruptDeparture #AlbertManifold #board #BP #BPPLC #Chairman #company #Concern #Conduct #country #Exploration #Governance #IanTyler #InterimChair #LastYear #London #NYSE #OilGiant #OilGiantBP #OilProduction #operation #oversight #PermanentChair #position #profit #revenue #shares #shnd #supermajor #World
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https://www.europesays.com/britain/49568/ BP Ousts Chair Albert Manifold Over Conduct Concerns #AlbertManifold #BoardroomTurmoil #BP #BPPLC #Conduct #energy #Governance #IanTyler #Leadership #MegO’Neill #oil
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South Carolina Redistricting Rebellion Delivers a Stunning Setback to Trump
South Carolina Redistricting Rebellion delivers a major setback to Trump’s effort to redraw congressional maps ahead of the 2026 midterms.https://thedemocracyadvocate.com/news-to-know/elections/south-carolina-redistricting/
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“The concern is that unresolved territorial assertions may become constitutionally protected before Indigenous Nations have resolved those issues among themselves.”
#Indigenous #FirstNations #bcpoli #governance #treaty #BritishColumbia
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“The concern is that unresolved territorial assertions may become constitutionally protected before Indigenous Nations have resolved those issues among themselves.”
#Indigenous #FirstNations #bcpoli #governance #treaty #BritishColumbia
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“The concern is that unresolved territorial assertions may become constitutionally protected before Indigenous Nations have resolved those issues among themselves.”
#Indigenous #FirstNations #bcpoli #governance #treaty #BritishColumbia
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“The concern is that unresolved territorial assertions may become constitutionally protected before Indigenous Nations have resolved those issues among themselves.”
#Indigenous #FirstNations #bcpoli #governance #treaty #BritishColumbia
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We're building an open, decentralised protocol for verifiable global consensus — no central authority, no commercial incentive, no political affiliation.
Looking for collaborators with expertise in federated infrastructure, cryptographic identity, and governance design.
Repository: github.com/ns9t/commons-protocol
#governance #decentralisation #fediverse #commons #protocol #openSource
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Japan To Launch Survey On Population Of Bears Following Surge In Attacks On People
In response to the recent surge of bear attacks on people, Japan will start an official survey on the population of bears particularly in the Tohoku region covering six prefectures, according to a news report by Kyodo News.
To put things in perspective, posted below is an excerpt from the news report of Kyodo News Some parts in boldface…
The Environment Ministry will begin surveying bear populations in Japan’s northeastern Tohoku region and vicinity in June by setting up about 800 cameras in mountains, it said earlier this week, following a surge in bear attacks on humans.
Camera traps and other means will be used to help count black bears in the six prefectures of Aomori, Akita, Iwate, Yamagata, Miyagi and Fukushima — collectively known as Tohoku — as well as adjacent Niigata, with the estimates to be released possibly by early next year.
The survey plan was revealed as Japan saw a record high number of 238 people injured or killed by bear attacks in the year through March.
It was reported at a recent meeting of ministers on measures against bears that more of the animals were spotted in Tohoku in April than in the same month last year.
The ministry said it will conduct surveys in other areas of Japan in fiscal 2027.
Regarding a survey in the northern island of Hokkaido, inhabited by brown bears, the ministry plans to mainly use a method of collecting body hair to count and estimate their numbers.
The ministry also plans to survey the tiny population of black bears on Shikoku, in western Japan, but no research is planned for the adjacent island of Kyushu, where the animals are believed to have gone extinct.
Let me end this piece by asking you readers: What is your reaction to this development? Do you think the Japanese government’s approved survey on the population of bears will turn out successful and helpful? Were you able to witness a bear attack a person there in Japan?
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 athttps://www.instagram.com/authorcarlocarrasco
#animals #Asia #bear #Bing #CarloCarrasco #ChatGPT #democracy #diversity #Facebook #geek #geopolitics #Google #GoogleSearch #governance #Inclusion #Instagram #Instapundit #Investagrams #Japan #Japanese #KyodoNews #nationalSecurity #Nippon #SanaeTakaichi #security #socialMedia #TakaichiSanae #WordPress #WordPressCom -
Die #Entgelttransparenzrichtlinie ist kein deutsches Sonderthema. Sie betrifft alle EU-Mitgliedstaaten.
#Österreich: Mit dem Gleichbehandlungsgesetz gibt es dort bereits Regelungen, die Entgelttransparenz adressieren, beispielsweise die Angabe des Mindestentgelts in Stellenausschreibungen oder den Einkommensbericht für größere Unternehmen.
Im Blogbeitrag eine Gegenüberstellung Österreich und EntgTranspRL:
https://www.adorgasolutions.de/entgelttransparenz-in-oesterreich-was-das-glbg-bereits-regelt-und-was-die-eu-richtlinie-veraendert/ -
https://www.europesays.com/africa/252885/ Namibia: Forensic Probe Ordered Into Swapo Fishing Company Gendev #Africa #Business #CurrentEvents #economy #Governance #Namibia #news #politics #SouthernAfrica #sports #trade #travel
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Shadow AI: 80% сотрудников уже пишут в ChatGPT. Почему мы делим задачи на красные, зелёные и серые
Восемь из десяти офисных сотрудников уже пользуются публичными нейросетями — часто без ведома IT. Запрет не работает: 90% руководителей ИБ сами заходят в несанкционированные ИИ-инструменты. Мы два года живём с этим на команде в 90+ человек — не через блокировки, а через матрицу из трёх зон: красной, зелёной и серой. Разбираем, как она устроена и почему держится без полиции. Восемь из десяти офисных сотрудников уже пользуются публичными нейросетями — часто без ведома IT. Запрет не работает: 90% руководителей безопасности сами заходят в несанкционированные ИИ-инструменты. Мы у себя в команде на 90+ человек два года живём с матрицей из трёх зон — красной, зелёной и серой. Рассказываем, как она устроена и почему держится без полиции.
https://habr.com/ru/companies/alpinadigital/articles/1039346/
#Shadow #AI #GenAI #ChatGPT #информационная_безопасность #governance #152ФЗ #dlp #корпоративный_AI #alpinagpt
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Shadow AI: 80% сотрудников уже пишут в ChatGPT. Почему мы делим задачи на красные, зелёные и серые
Восемь из десяти офисных сотрудников уже пользуются публичными нейросетями — часто без ведома IT. Запрет не работает: 90% руководителей ИБ сами заходят в несанкционированные ИИ-инструменты. Мы два года живём с этим на команде в 90+ человек — не через блокировки, а через матрицу из трёх зон: красной, зелёной и серой. Разбираем, как она устроена и почему держится без полиции. Восемь из десяти офисных сотрудников уже пользуются публичными нейросетями — часто без ведома IT. Запрет не работает: 90% руководителей безопасности сами заходят в несанкционированные ИИ-инструменты. Мы у себя в команде на 90+ человек два года живём с матрицей из трёх зон — красной, зелёной и серой. Рассказываем, как она устроена и почему держится без полиции.
https://habr.com/ru/companies/alpinadigital/articles/1039346/
#Shadow #AI #GenAI #ChatGPT #информационная_безопасность #governance #152ФЗ #dlp #корпоративный_AI #alpinagpt
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Shadow AI: 80% сотрудников уже пишут в ChatGPT. Почему мы делим задачи на красные, зелёные и серые
Восемь из десяти офисных сотрудников уже пользуются публичными нейросетями — часто без ведома IT. Запрет не работает: 90% руководителей ИБ сами заходят в несанкционированные ИИ-инструменты. Мы два года живём с этим на команде в 90+ человек — не через блокировки, а через матрицу из трёх зон: красной, зелёной и серой. Разбираем, как она устроена и почему держится без полиции. Восемь из десяти офисных сотрудников уже пользуются публичными нейросетями — часто без ведома IT. Запрет не работает: 90% руководителей безопасности сами заходят в несанкционированные ИИ-инструменты. Мы у себя в команде на 90+ человек два года живём с матрицей из трёх зон — красной, зелёной и серой. Рассказываем, как она устроена и почему держится без полиции.
https://habr.com/ru/companies/alpinadigital/articles/1039346/
#Shadow #AI #GenAI #ChatGPT #информационная_безопасность #governance #152ФЗ #dlp #корпоративный_AI #alpinagpt
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Shadow AI: 80% сотрудников уже пишут в ChatGPT. Почему мы делим задачи на красные, зелёные и серые
Восемь из десяти офисных сотрудников уже пользуются публичными нейросетями — часто без ведома IT. Запрет не работает: 90% руководителей ИБ сами заходят в несанкционированные ИИ-инструменты. Мы два года живём с этим на команде в 90+ человек — не через блокировки, а через матрицу из трёх зон: красной, зелёной и серой. Разбираем, как она устроена и почему держится без полиции. Восемь из десяти офисных сотрудников уже пользуются публичными нейросетями — часто без ведома IT. Запрет не работает: 90% руководителей безопасности сами заходят в несанкционированные ИИ-инструменты. Мы у себя в команде на 90+ человек два года живём с матрицей из трёх зон — красной, зелёной и серой. Рассказываем, как она устроена и почему держится без полиции.
https://habr.com/ru/companies/alpinadigital/articles/1039346/
#Shadow #AI #GenAI #ChatGPT #информационная_безопасность #governance #152ФЗ #dlp #корпоративный_AI #alpinagpt
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Europe's Drone Defense Gap Exposes Critical Infrastructure Risks
Europe's critical infrastructure is left vulnerable due to a lack of clear governance and rules of engagement, despite having the technology to defend against drone threats. The absence of ownership and jurisdictional clarity hinders the deployment of drone defense systems where they're needed most.
#CriticalInfrastructure #DroneDefense #Europe #Governance #NationalSecurity
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https://www.europesays.com/africa/252783/ Senegal’s President Sacks PM, Dissolves Government After Months of Tension #Africa #Business #CurrentEvents #economy #Governance #news #politics #Sénégal #sports #trade #travel #WestAfrica
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Meet the woman who dives for shopping trolleys
By Jacob GambleA "tragedy of the trolleys" is unfolding in Rockhampton, where a lack of governance over waterways is creating an environmental hazard.
https://www.abc.net.au/news/2026-05-26/central-qld-trolley-pollution-of-local-waterways/106718888
#WaterPollution #Supermarkets #EnvironmentalImpacts #Volunteering #Governance #Environment #CommunityandSociety #EnvironmentalManagement #WaterResources #LocalGovernment #JacobGamble
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[#TRADESHOW] #Security #China 2026 – China #International #Exhibition on #Public #Safety and Security will be held from November 3 to 6, 2026, at China International Exhibition Center (Shunyi Hall), #Beijing. As one of China’s most #influential #events dedicated to public safety, #intelligent security #technologies, and #digital #governance, the #expo brings together #government authorities, #industry #leaders, and #global #technology #providers. https://cnbusinessforum.com/event/security-china-2026-china-international-exhibition-on-public-safety-and-security/
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[#TRADESHOW] #Security #China 2026 – China #International #Exhibition on #Public #Safety and Security will be held from November 3 to 6, 2026, at China International Exhibition Center (Shunyi Hall), #Beijing. As one of China’s most #influential #events dedicated to public safety, #intelligent security #technologies, and #digital #governance, the #expo brings together #government authorities, #industry #leaders, and #global #technology #providers. https://cnbusinessforum.com/event/security-china-2026-china-international-exhibition-on-public-safety-and-security/
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[#TRADESHOW] #Security #China 2026 – China #International #Exhibition on #Public #Safety and Security will be held from November 3 to 6, 2026, at China International Exhibition Center (Shunyi Hall), #Beijing. As one of China’s most #influential #events dedicated to public safety, #intelligent security #technologies, and #digital #governance, the #expo brings together #government authorities, #industry #leaders, and #global #technology #providers. https://cnbusinessforum.com/event/security-china-2026-china-international-exhibition-on-public-safety-and-security/
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🔥 TRENDING
📢 Hoskinson kündigt umfassende Governance-Reform für Cardano an, interne Spannungen im Fokus - Yahoo! Finanzen Deutschland
#Hoskinson #Governance-reform #Cardano #Spannungen #GlobalFeed #News #...
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https://www.europesays.com/afrique/112424/ Sénégal: Assemblée nationale – El Malick Ndiaye annonce sa démission #Africa #business #CurrentEvents #economy #Governance #news #politics #Sénégal #sports #trade #travel #WestAfrica
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https://www.europesays.com/africa/251983/ Afrique: Revue de presse de l’Afrique Francophone du 25 mai 2026 #Africa #Afrique #Business #CoteD #CurrentEvents #EastAfrica #economy #Governance #news #NorthAfrica #politics #Sénégal #sports #trade #travel #WestAfrica
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Vance talks Medicaid fraud
KENTUCKY — On this week’s “In Focus Kentucky” program, we’re highlighting efforts and updates to Medicaid in Kentucky…
#UnitedStates #US #USA #APPInFocus #BowlingGreen #editor'spick #Governance #InFocus #InFocusShows #JamesDavidVance #jdvance #kentucky #Lexington #louisville #MarioAnderson #northernkentucky #TaylorPopielarz #vance #vicepresident #vod #VP
https://www.europesays.com/3016613/ -
https://www.europesays.com/afrique/112398/ Afrique: Revue de presse de l’Afrique Francophone du 25 mai 2026 #Africa #Afrique #business #CoteD #CurrentEvents #EastAfrica #economy #Governance #news #NorthAfrica #politics #Sénégal #sports #trade #travel #WestAfrica
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Economic Warning Signs In The Philippines Grow
With weak economic growth and high inflation already happening, the future is looking dark for the economy of the Philippines and there are warning signs growing, according to a news report by Malaya Business Insight.
To put things in perspective, posted below is an excerpt from the Malaya Business Insight report. Some parts in boldface…
The Philippines is not yet in stagflation, economists said, but slowing growth, high inflation, weak public spending, and the Middle East oil shock are pushing parts of the economy closer to danger.
Michael Ricafort, chief economist at Rizal Commercial Banking Corp., said some weaker sectors may already be feeling near-stagflation conditions.
“Near stagflation conditions for some vulnerable, already weak industries. But stronger ones are more insulated,” Ricafort said.
His comment followed President Marcos Jr.’s statement that potential stagflation is among the concerns keeping the government “awake at night” as officials try to contain prices of basic goods and keep the economy running.
Jonathan Ravelas, senior adviser at Reyes Tacandong & Co., said the country is still not in stagflation, although the risks are rising.
“There are potential stagflation risks, but we’re not yet there,” Ravelas said at the weekly Pandesal Forum in Quezon City on Wednesday.
He said unemployment remains below its long-term average, while the economy continues to post positive growth despite the slowdown.
“If we talk about the average unemployment rate in the Philippines since the 1960s, it’s 7.5 percent. Right now, our numbers are between 5 percent and 5.3 percent,” Ravelas said.
Inflation, however, remains a major threat. Ravelas said consumer prices could climb to 8 percent to 9 percent toward the end of the year, with households likely to feel the sharpest impact from higher fuel, food, and transport costs.
He said the stagflation concern recalls the oil shocks of the 1970s, when energy disruptions pushed prices sharply higher while economic activity weakened.
Ravelas said the more immediate challenge is reviving spending, particularly government spending, to keep growth from losing further momentum.
He said the economy is still feeling the effects of last year’s flood-control scandal, which disrupted public works and slowed disbursements, while the inflationary impact of the US-Iran conflict has added pressure.
Restraining spending now, he said, would be like “shooting ourselves on our foot” because it would further weaken recovery.
“We need to be able to work on improving consumption,” Ravelas said.
He also said the government must convince the public that it is acting decisively to stabilize prices.
“When it comes to fighting inflation, we need to show our countrymen, from a government perspective, that prices are stable. That would be a good opportunity so that they will believe the government is doing something,” he said.
Ravelas noted the country should also invest in upskilling workers to improve employment prospects.
Given the inflation pressure, he said the Bangko Sentral ng Pilipinas is likely to take a defensive policy stance and raise interest rates by 50 to 75 basis points, although it must balance inflation control with the need to support growth.
A separate report from the De La Salle University Carlos L. Tiu School of Economics said inflation is being driven mainly by fuel, as higher energy costs feed into transport, logistics, and production.
“Fuel costs have more than doubled since the war began, pushing inflation sharply higher from May through August 2026. We expect inflation to peak at around 8 percent in August,” economists Jesus Felipe, Mariel Monica Sauler, Gerome Vedeja, political scientist Susan Kurdli, and research assistant Seth Paolo Paden said in the school’s May economic report.
They said the disruption in the Strait of Hormuz has also cut off roughly a third of global fertilizer supply, keeping inflation elevated through the end of 2026.
By early 2027, the report said, energy and fertilizer pressures are expected to ease, with inflation likely to return to the BSP’s 2 percent to 4 percent target band by April 2027 and settle at around 2.8 percent in 2028.
The DLSU economists said the current inflation surge is a supply shock caused by war-related disruptions in global energy and food markets, making interest rate increases an imperfect response.
“Higher interest rates will neither bring oil prices down nor reopen the Strait of Hormuz. What they will do is make borrowing more expensive, slow investment, and constrict household spending,” they said.
Let me end this post by asking you readers: What is your reaction to this recent development? Do you think the economy of the Philippines will eventually fall into a state of stagflation this year? How are you dealing with the higher costs of living nowadays?
You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.
+++++
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 athttps://www.instagram.com/authorcarlocarrasco
#ASEAN #Asia #AssociationOfSoutheastAsianNationsASEAN #Bing #BongbongMarcos #business #businessNews #CarloCarrasco #ChatGPT #commerce #economicConfidence #economicDynamism #economicGrowth #economics #economy #EconomyOfThePhilippines #energy #Facebook #food #foreignInvestment #foreignInvestors #geek #Google #GoogleSearch #governance #grossDomesticProductGDP #inflation #Instagram #Investagrams #investment #MalayaBusinessInsight #Marcos #MiddleEast #news #oil #Philippines #PhilippinesBlog #Pinoy #power #PresidentMarcos #publicService #RCBC #RizalCommercialBankingCorpRCBC #RizalCommercialBankingCorporationRCBC #socialMedia #SoutheastAsia #stagflation #stagnation #technology #Twitter #WordPress #WordPressCom -
Economic Warning Signs In The Philippines Grow
With weak economic growth and high inflation already happening, the future is looking dark for the economy of the Philippines and there are warning signs growing, according to a news report by Malaya Business Insight.
To put things in perspective, posted below is an excerpt from the Malaya Business Insight report. Some parts in boldface…
The Philippines is not yet in stagflation, economists said, but slowing growth, high inflation, weak public spending, and the Middle East oil shock are pushing parts of the economy closer to danger.
Michael Ricafort, chief economist at Rizal Commercial Banking Corp., said some weaker sectors may already be feeling near-stagflation conditions.
“Near stagflation conditions for some vulnerable, already weak industries. But stronger ones are more insulated,” Ricafort said.
His comment followed President Marcos Jr.’s statement that potential stagflation is among the concerns keeping the government “awake at night” as officials try to contain prices of basic goods and keep the economy running.
Jonathan Ravelas, senior adviser at Reyes Tacandong & Co., said the country is still not in stagflation, although the risks are rising.
“There are potential stagflation risks, but we’re not yet there,” Ravelas said at the weekly Pandesal Forum in Quezon City on Wednesday.
He said unemployment remains below its long-term average, while the economy continues to post positive growth despite the slowdown.
“If we talk about the average unemployment rate in the Philippines since the 1960s, it’s 7.5 percent. Right now, our numbers are between 5 percent and 5.3 percent,” Ravelas said.
Inflation, however, remains a major threat. Ravelas said consumer prices could climb to 8 percent to 9 percent toward the end of the year, with households likely to feel the sharpest impact from higher fuel, food, and transport costs.
He said the stagflation concern recalls the oil shocks of the 1970s, when energy disruptions pushed prices sharply higher while economic activity weakened.
Ravelas said the more immediate challenge is reviving spending, particularly government spending, to keep growth from losing further momentum.
He said the economy is still feeling the effects of last year’s flood-control scandal, which disrupted public works and slowed disbursements, while the inflationary impact of the US-Iran conflict has added pressure.
Restraining spending now, he said, would be like “shooting ourselves on our foot” because it would further weaken recovery.
“We need to be able to work on improving consumption,” Ravelas said.
He also said the government must convince the public that it is acting decisively to stabilize prices.
“When it comes to fighting inflation, we need to show our countrymen, from a government perspective, that prices are stable. That would be a good opportunity so that they will believe the government is doing something,” he said.
Ravelas noted the country should also invest in upskilling workers to improve employment prospects.
Given the inflation pressure, he said the Bangko Sentral ng Pilipinas is likely to take a defensive policy stance and raise interest rates by 50 to 75 basis points, although it must balance inflation control with the need to support growth.
A separate report from the De La Salle University Carlos L. Tiu School of Economics said inflation is being driven mainly by fuel, as higher energy costs feed into transport, logistics, and production.
“Fuel costs have more than doubled since the war began, pushing inflation sharply higher from May through August 2026. We expect inflation to peak at around 8 percent in August,” economists Jesus Felipe, Mariel Monica Sauler, Gerome Vedeja, political scientist Susan Kurdli, and research assistant Seth Paolo Paden said in the school’s May economic report.
They said the disruption in the Strait of Hormuz has also cut off roughly a third of global fertilizer supply, keeping inflation elevated through the end of 2026.
By early 2027, the report said, energy and fertilizer pressures are expected to ease, with inflation likely to return to the BSP’s 2 percent to 4 percent target band by April 2027 and settle at around 2.8 percent in 2028.
The DLSU economists said the current inflation surge is a supply shock caused by war-related disruptions in global energy and food markets, making interest rate increases an imperfect response.
“Higher interest rates will neither bring oil prices down nor reopen the Strait of Hormuz. What they will do is make borrowing more expensive, slow investment, and constrict household spending,” they said.
Let me end this post by asking you readers: What is your reaction to this recent development? Do you think the economy of the Philippines will eventually fall into a state of stagflation this year? How are you dealing with the higher costs of living nowadays?
You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.
+++++
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 athttps://www.instagram.com/authorcarlocarrasco
#ASEAN #Asia #AssociationOfSoutheastAsianNationsASEAN #Bing #BongbongMarcos #business #businessNews #CarloCarrasco #ChatGPT #commerce #economicConfidence #economicDynamism #economicGrowth #economics #economy #EconomyOfThePhilippines #energy #Facebook #food #foreignInvestment #foreignInvestors #geek #Google #GoogleSearch #governance #grossDomesticProductGDP #inflation #Instagram #Investagrams #investment #MalayaBusinessInsight #Marcos #MiddleEast #news #oil #Philippines #PhilippinesBlog #Pinoy #power #PresidentMarcos #publicService #RCBC #RizalCommercialBankingCorpRCBC #RizalCommercialBankingCorporationRCBC #socialMedia #SoutheastAsia #stagflation #stagnation #technology #Twitter #WordPress #WordPressCom