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#pinoy — Public Fediverse posts

Live and recent posts from across the Fediverse tagged #pinoy, aggregated by home.social.

  1. Philippines 2026 Foreign Tourist Arrivals Reach 4.11 Million as of August, U.S. and South Korea Remain Top Markets

    With the Peso performing terribly in the global currency market, weakening economic growth, high inflation and fears of an economic recession growing, 2026 has not been good for the Philippines. There is a bright spot in tourism, however, as the Philippines saw its 2026 foreign tourist arrivals reach 4.11 million in the January-August period and the United States and South Korea combined for more than 1.5 million tourist arrivals, according to a news article by the Philippine News Agency (PNA).

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

    The Philippines has recorded 4.11 million foreign arrivals from January to August, higher by 3.7 percent compared to the same period last year, the Department of Tourism (DOT) said on Tuesday.

    The United States posted the highest number of share at 818,318, followed by South Korea at 727,379, Japan at 350,191, China at 310,088, and Australia at 234,156.

    Also making it in the top 10 source markets are Canada with 231,972, Taiwan with 154,957, the United Kingdom with 132,370, Singapore with 126,812, and India with 77,883.

    Tourism Secretary Dita Angara-Mathay said the Philippines targets to surpass its 2025 arrival figures to reach between 6.4 million and 6.8 million, or at least 7 million, by the end of 2026.

    To achieve this, she said the DOT is intensifying its branding and promotions to reach more tourists in its key source markets.

    The DOT is also in active talks with airlines to open up and establish more chartered flights between the Philippines and secondary cities of Korea and China.

    DOT Assistant Secretary Ren Sapitan said the agency is also set to sign a contract with a creative agency in November to broaden the country’s marketing efforts and make the Philippines more visible worldwide.

    Let me end this post by asking you readers: What is your reaction to this recent development? Do you think the Philippines will be able to exceed the 2025 foreign tourist arrivals number by the end of this year? Do you think the DOT is doing a good job to strengthen the Philippines’ attraction of foreign tourists? Considering the Top 10 markets of foreign tourists the Philippines attracted so far, are you convinced that the nation’s hosting of the Association of Southeast Asian Nations (ASEAN) Summit did not create any positive tourism results?

    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

    #AirTravel #America #ASEAN #ASEANSummit #Asia #AssociationOfSoutheastAsianNationsASEAN #Australia #Australian #Bing #British #business #businessNews #Canada #Canadians #CarloCarrasco #ChatGPT #China #Chinese #CommunistChina #DepartmentOfTourismDOT #economicConfidence #economicDynamism #economicGrowth #economics #economy #England #English #Facebook #Fediverse #feminism #finance #foreignTourists #foreignTravel #GDPGrowth #geek #Google #GoogleSearch #governance #grossDomesticProductGDP #growth #holiday #India #Indians #Instagram #internationalTourism #internationalTravel #Investagrams #Irish #Japanese #jobs #Korea #Koreans #LGBT #LGBTQ #LGBTQ #LGBTQIA #manufacturing #Mastodon #money #multiculturalism #news #overseasTravel #PhilippineNewsAgencyPNA #Philippines #PhilippinesBlog #Pinoy #PNAGovPh #publicService #recession #Scottish #Singapore #Singaporeans #socialMedia #SouthKorea #SoutheastAsia #Taiwan #Taiwanese #technology #tourism #tourismBlog #tourismIndustry #tourist #touristArrivals #touristBlog #touristDestinations #touristSpots #touristVisa #travel #travelBlog #Twitter #UnitedKingdomUK #UnitedStatesOfAmerica #UnitedStatesOfAmericaUSA #USA #vacation #woke #WordPress #WordPressCom #worldTravel
  2. SBMA Offers Exemptions and Incentives for P7 Billion Subic Bay International Airport Modernization

    The Public-Private Partnership (PPP) Center confirmed that the company that wins the bid for the P7 billion Subic Bay International Airport (SBIA) project will receive exemptions and incentives that include exemptions from national and local taxes, 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 winning bidder for the ₱7-billion concession to transform Subic Bay International Airport (SBIA) into a world-class logistics hub will receive a generous government incentives package, including national and local tax exemptions.

    The Public-Private Partnership (PPP) Center noted that the project’s implementing agency, the Subic Bay Metropolitan Authority (SBMA), will offer a competitive slate of incentives to support long-term private investment.

    Under the Special Corporate Income Tax (SCIT) regime, the winning operator may qualify for a five percent corporate income tax rate for up to 16 years, with the possibility of an extension subject to eligibility requirements.

    As long as it is registered as an export enterprise with the SBMA, the concessionaire will be exempt from all national and local taxes under the SCIT regime.

    It may also enjoy exemptions from customs duties and value-added tax (VAT) on imports, along with zero-rated VAT on qualified local purchases.

    Beyond fiscal incentives, the project also opens up commercial opportunities outside standard airport operations. The operator can generate additional revenue through cargo handling, warehousing, commercial leasing, logistics services, and other non-aeronautical ventures.

    The SBIA project offers a compelling opportunity for the private sector to partner with the government in developing one of the Philippines’ most strategic aviation and logistics gateways,” the PPP Center said in a statement.

    The SBMA recently launched a comparative challenge for the airport’s modernization and expansion, which originated from an unsolicited proposal by United States-based Cerberus Asia Pacific Investments LLC.

    Under this process, interested firms may submit competing offers against the original proposal. As the original proponent, Cerberus retains the right to match or beat the best offer.

    Cerberus, which has assets across transportation, real estate, and other sectors, wants to manage the SBIA under a 25-year operate-rehabilitate-add-transfer (ORAT) scheme, with an investment cost of around ₱7 billion.

    The concession aims to develop the gateway, located northwest of Manila, into a strategic cargo and logistics hub that would help ease congestion at Ninoy Aquino International Airport (NAIA), especially as demand for air cargo continues to grow.

    The project will focus on upgrading existing airport facilities to align them with international standards, alongside the development of new facilities to transform the airport into a higher-capacity logistics hub.

    The SBIA is poised to support logistics and aviation growth through the development of the airport’s midway apron, which will consist of two warehouse buildings with a total floor area of 22,400 square meters (sqm) and a 32,000-sqm aircraft staging and parking area.

    The north airport land development, meanwhile, covers an additional 88,000 sqm across four parcels of land for warehouse facilities, a hangar, a storage facility, and additional apron space.

    To ensure proper development of the project, SBMA will assist the private partner in securing the necessary approvals for implementation and facilitating permits and regulatory coordination.

    Let me end this post by asking you readers: What is your reaction to this recent development? Do you think the Subic Bay International Airport project will attract a lot of bidders from overseas? Do you believe the modernization of SBIA will add a lot to the economy of the Philippines in the long-term?

    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

    #AirTravel #airport #airports #ASEAN #Asia #AssociationOfSoutheastAsianNationsASEAN #Bing #business #businessNews #CarloCarrasco #ChatGPT #economics #economy #EconomyOfThePhilippines #EduardoJoseLAliño #Facebook #Fediverse #finance #foreignInvestors #foreignTourists #geek #Google #GoogleSearch #governance #holiday #infrastructure #Instagram #internationalTrade #internationalTravel #Investagrams #investing #investment #investors #jobs #localTourists #LuzonEconomicCorridorLEC #ManilaBulletin #Mastodon #modernization #money #news #Philippines #PhilippinesBlog #Pinoy #publicService #SBMA #seaport #socialMedia #SoutheastAsia #SubicBay #SubicBayFreeportZone #SubicBayInternationalAirportSBIA #SubicBayMetropolitanAuthoritySBMA #SwissChallenge #technology #tourism #tourismBlog #tourists #trade #trading #travel #travelBlog #Twitter #WordPress #WordPressCom #worldTravel
  3. BCDA To Ensure Philippines Will Benefit A Lot From Pax Silica

    The Bases Conversion and Development Authority (BCDA) recently announced that it will ensure the Philippines will benefit a lot from the ambitious Pax Silica project as they negotiate with the United States on the final framework, according to a GMA News report.

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

    The Bases Conversion and Development Authority (BCDA) on Wednesday said it will ensure that the Philippine side, negotiating with the US on the final framework agreement to hit the ground running for the Pax Silica project in New Clark City, Tarlac, will push for a deal that would be most beneficial for the country.

    At the Kapihan sa Manila Hotel, BCDA President and CEO Joshua “Jake” Bingcang said that the government is eyeing to sign the comprehensive framework agreement for the Pax Silica initiative with the US by November.

    However, Bingcang admitted that “negotiations can always take longer,” noting that the target signing “is not cast in stone as long as the two [parties] will come up with mutually agreed arrangement.”

    Nevertheless, the BCDA chief said the Philippines is pushing for terms that would “most beneficial sa’tin (to us)” as negotiations for the framework deal are ongoing.

    “It’s a business contract, normally it is favorable to the host country,” he said.

    Bingcang said the government has also made clear that the project will operate under the BCDA’s governing legal framework and applicable investment laws.

    “It would be covered by two Philippine laws —the BCDA law and CREATE MORE so the incentives provided will be covered by these two laws,” he said.

    “Never in that initial arrangement that we are going to adopt anything other than the two laws,” he added.

    Pax Silica is the US Department of State’s flagship initiative on artificial intelligence and supply chain security, aimed at advancing a new economic security framework among allies and trusted partners.

    The Philippines in April officially joined the Pax Silica initiative, cementing its place among other 23 global signatories, including the European Union, Japan, India, Singapore, South Korea, and the United Kingdom.

    As part of the initiative, Manila and Washington are working to establish a 4,000-acre industrial hub that is envisioned as a new model for AI-focused investment within the Luzon Economic Corridor.

    The BCDA chief earlier clarified that the Pax Silica hub is not envisioned as a cluster of hyperscale data centers but as an industrial hub that would include the manufacturing of semiconductors and microchips used in computers, laptops, electric vehicles, and other technologies.

    Bingcang said that through Pax Silica, the Philippines and its partners see an opportunity to process raw materials domestically instead of exporting them in unprocessed form.

    Let me end this post by asking you readers: What is your reaction to this recent development? Do you feel confident that the BCDA will be able to secure an agreement with the Americans to ensure the Philippines will benefit from Pax Silica economically? Do you realize Pax Silica’s potential to boost manufacturing jobs and the processing of raw of materials in the Philippines?

    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

    #America #ArtificialIntelligenceAI #ASEAN #Asia #AssociationOfSoutheastAsianNationsASEAN #BasesConversionAndDevelopmentAuthorityBCDA #Bing #business #businessNews #CarloCarrasco #ChatGPT #construction #DonaldJTrump #DonaldTrump #economicConfidence #economicDynamism #economicGrowth #economics #economy #EuropeanUnion #export #exports #Facebook #Fediverse #finance #foreignInvestment #foreignInvestors #geek #GMANetwork #GMANews #Google #GoogleSearch #governance #India #industry #Instagram #Investagrams #investing #investment #investors #Israel #Japan #jobs #LuzonEconomicCorridor #ManilaHotel #manufacturers #manufacturing #Mastodon #money #multiculturalism #NewClarkCity #news #Nippon #PaxSilica #Philippines #PhilippinesBlog #Pinoy #PresidentTrump #publicService #semiconductors #Singapore #socialMedia #SouthKorea #SoutheastAsia #Tarlac #technology #Trump #Twitter #UnitedKingdomUK #UnitedStatesOfAmerica #UnitedStatesOfAmericaUSA #USA #WordPress #WordPressCom
  4. Dedicated Power Plant For Pax Silica’s Energy Needs

    To ensure that the ambitious Pax Silica will have its very own power supply to meet its needs, the Bases Conversion and Development Authority (BCDA) recently announced that the proponents are studying the construction of a dedicated power plant, according to a business news report by GMA News.

    Previously a P7 billion investment of the National Grid Corporation of the Philippines (NGCP) for Pax Silica’s energy supply was prompted. New Clark City was chosen to host the artificial intelligence (AI) hub.

    To put things in perspective, posted below is an excerpt from the GMA News report. Some parts in boldface…

    The Bases Conversion and Development Authority (BCDA) said Sunday that proponents of the US-led Pax Silica project in New Clark City, Tarlac, are studying the construction of a dedicated power plant to ensure the facility does not compete with nearby residential communities for electricity.

    Pax Silica has faced scrutiny over its projected resource requirements, with the BCDA estimating that the facility could require up to 3 gigawatts (3 million kilowatts) of power at full development.

    “‘Yung kuryente, pinag-aaralan nila na magkaroon ng dedicated power plant… na hindi ito magsasapanganib sa supply ng kuryente lalo na para sa mga residential na komunidad. Ayaw rin nila ‘yon,” BCDA President and CEO Joshua Bingcang said in an interview on Super Radyo dzBB.

    (Regarding power, they are studying the establishment of a dedicated power plant so that it will not jeopardize the electricity supply, especially for residential communities. They also want to avoid that.)

    Bingcang said officials have discussed power and water requirements with the project’s proponents and partners from the United States, Japan, and South Korea, who also want to ensure that the facility has sufficient utility supplies.

    “Kasi kung nakikita nilang wala, hindi rin pupunta ‘yung mga industriya na ito. So gusto nila, ‘pag pupunta rin sila dito, is stable, reliable at maaasahan ang kuryente,” Bingcang said.

    (Because if they see that there is insufficient supply, these industries will not come. So if they invest here, they want the power supply to be stable, reliable, and dependable.)

    “Kaya ngayon po, kasama na po, hindi lang po sa paggawa ng mga planta doon sa New Clark City, tinitingnan din nila ‘yung ecosystem,” he added.

    (That is why they are looking not only at building plants in New Clark City but also at the entire ecosystem.)

    Bingcang said this ecosystem includes the availability and reliability of power and water, as well as infrastructure, airports, seaports, and other facilities.

    Clean, green energy – The BCDA said Pax Silica aims to use clean and green energy, with solar farms among the primary options being considered.

    “So ang una po naming tiningnan dito ay solar farms. So meron na po tayong inaprubahan na solar project po diyan—ang mamumuhunan po ay sa Saudi Arabia,” Bingcang said.

    (The first option we looked at was solar farms. We have already approved a solar project there involving an investor from Saudi Arabia.)

    “Susunod po, hinihikayat na rin o nire-regulate na rin ng Department of Energy magkaroon ng mga battery storage… Kasi ang solar farm po ay mga ilang oras lang po, ‘pag gabi, wala na, so kailangan meron pong imbakan o storage ng baterya para sa maipon na enerhiya sa mga solar farm,” he added.

    (Next, the Department of Energy is encouraging and regulating the use of battery storage. Solar farms generate power only during the day, so battery storage systems are needed to store energy for use when solar power is unavailable.)

    Let me end this post by asking you readers: What is your reaction to this recent development? Do you think Pax Silica will eventually have its very own, high-capacity power plant to ensure it has sufficient energy while sparing the local communities that relied on the national power grid? Do you think solar power is sufficient for Pax Silica which will have AI-related projects?

    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

    #ArtificialIntelligenceAI #ASEAN #Asia #AssociationOfSoutheastAsianNationsASEAN #BasesConversionAndDevelopmentAuthorityBCDA #BCDA #Bing #business #businessNews #CarloCarrasco #ChatGPT #DepartmentOfEnergyDOE #economics #economy #EconomyOfThePhilippines #energy #Facebook #finance #geek #GMANetwork #GMANews #Google #GoogleSearch #governance #inflation #Instagram #Investagrams #jobs #money #multiculturalism #NewClarkCity #news #NGCP #PaxSilica #Philippines #PhilippinesBlog #Pinoy #power #powerPlants #publicService #recession #socialMedia #solar #solarEnergy #solarPower #SoutheastAsia #Tarlac #technology #Twitter #WordPress #WordPressCom
  5. Philippines Attracts 2.9 Million Foreign Tourists In First Half Of 2026

    For the first half of this year, the Philippines attracted 2.9 million foreign tourists and 1.13 million of that came from the United States and South Korea combined, according to a news report by Business Mirror. The figure does not include the 260,717 overseas Filipinos or balikbayan.

    When compared to its Asian neighbors’ first-half foreign tourist numbers, the Philippines is still way behind Vietnam which attracted 12.3 million and Japan which attracted 21 million.

    To put things in perspective, posted below is an excerpt from the Business Mirror report. Some parts in boldface…

    MORE relaxed visa entry requirements have enabled the Philippines to attract an increasing number of foreign tourists, lifting total visitor arrivals by 5.41 percent in the first half of the year.

    Data from the Department of Tourism (DOT) showed 3.16 million inbound tourists from January to June 2026, of which 2.9 million were foreign nationals and 260,717 were overseas Filipinos. The latter are described as Philippine passport holders permanently residing abroad. This year’s arrivals are 76.5 percent of the 4.13 million total in the first half of prepandemic 2019.

    The DOT stressed that the data are based on e-travel records provided by the Department of Information and Communications Technology, and are not final until Bureau of Immigration records are taken into account. E-travel registration is mandatory for those arriving in the Philippines except foreign diplomats, dignitaries, foreign government officials and their delegation, visiting business executives and students  sponsored by the Philippine  government or international organizations, and their immediate family members (9e visa).

    Of the total foreign nationals, which were up 6.3 percent from the 2.73 million year on year (yoy), tourists from China and India were the most improved by 64.54 percent and 43 percent, respectively. Residents from both countries have been allowed to enter the Philippines visa-free for tourism purposes for 14 days.

    The top 12 source markets of visitors for the Philippines all recorded increases, except for South Korea, with long-haul markets like Germany even showing monthly increases yoy, despite the ongoing tensions in the Middle East, which had jacked up jet fuel prices.

    S. Korea plunges 13.7% – The United States continues to be the top source market for the Philippines with arrivals at 581,565 in the first half of the year, an increase of some 6.9 percent from the same period in 2025. Most of the market continues to be composed of Americans of Filipino decent, or Filipino immigrants, who visit the Philippines usually during the holiday season in December and January.

    Some 300 Filipino-Americans are currently in the country as part of government’s long-running Very Important Pinoy (VIP) tour, and visiting destinations other than Metro Manila such as Cebu, Dumaguete, and Siquijor.

    In second place are tourists from South Korea at 552,860, slumping by 13.7 percent, yoy. This was followed by Japan at 581,565 (+6.87 percent); China at 219,796 (+64.54 percent); Australia at 174,257 (+12.3 percent); and Canada at 156,763 (+15.6 percent), another haven of Filipino immigrants. Air Canada began offering direct flights from Vancouver to Manila in April last year, while flag carrier Philippine Airlines offers nonstop flights between Manila and Vancouver, and Toronto.

    Tourists from Taiwan were in seventh place at 111,134, an increase of 11.85 percent; folowed by the United Kingdom at 92,829 (+1.7 percent); Singapore at 78,069 (0.35 percent); India at 60,583 (43.03 percent); Malaysia at 53,437 (+11.5 percent); and Germany at 48,657 (+6.9 percent).

    Under the General Appropriations Act of 2026, the DOT committed to attract 6.7 million foreign tourists this year.

    Let me end this post by asking you readers: What is your reaction to this recent development? Do you think the Philippines will be able to attract 6.7 million foreign tourists by the end of this year? What do you think are the three most serious problems the Philippines has when it comes to attracting foreign tourists?

    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

    #AirTravel #America #ASEAN #Asia #AsiaPacific #AssociationOfSoutheastAsianNationsASEAN #Australia #Bing #BongbongMarcos #business #BusinessMirror #businessNews #Canada #CarloCarrasco #ChatGPT #China #DepartmentOfTourismDOT #economicConfidence #economicDynamism #economicGrowth #economics #economy #EconomyOfThePhilippines #England #Facebook #finance #foreignTourism #foreignTourists #foreignTravel #foreignTravelers #GDPGrowth #geek #Germany #GMANews #Google #GoogleSearch #governance #grossDomesticProductGDP #holiday #homosexual #India #Instagram #internationalTravel #Investagrams #Japan #LGBT #LGBTCrime #LGBTQ #LGBTQ #LGBTQIA #Malaysia #Marcos #money #multiculturalism #news #Nippon #overseasTravel #Philippines #PhilippinesBlog #Pinoy #PresidentMarcos #publicService #Singapore #socialMedia #SouthKorea #SoutheastAsia #Taiwan #technology #tourism #tourismBlog #tourist #touristArrivals #touristBlog #touristDestinations #touristGuide #touristSpots #touristVisa #tourists #travel #travelBlog #travelers #Twitter #UnitedKingdomUK #UnitedStates #UnitedStatesOfAmericaUSA #USA #vacation #Vietnam #woke #WordPress #WordPressCom
  6. Philippines Among The Weakest In ASEAN In Credit Card Penetration

    When it comes to credit card penetration within the Association of Southeast Asian Nations (ASEAN), the Philippines is still among the weakest as the number of adult Filipinos who own credit cards remains very low, according to a Manila Bulletin news report.

    Be reminded that the Philippines is experiencing weak economic growth, high inflation, and has been weak when it comes to attracting foreign direct investment.

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

    Only three percent of adult Filipinos own credit cards, placing the country among the laggards in the Association of Southeast Asian Nations (ASEAN), with the gap most pronounced compared to advanced Asia-Pacific economies.

    In Asian emerging markets (EMs), the Philippines trails only Cambodia’s one percent and Bangladesh’s two percent, Visa Business and Economic Insights noted in a report last Tuesday, July 14, citing the 2024 update of the World Bank’s Global Findex Survey.

    Meanwhile, the country was outpaced by seven other Asian EMs, including India (five percent), Indonesia and Vietnam (both six percent), Sri Lanka and Thailand (both eight percent), Malaysia (13 percent), and China (46 percent).

    This low penetration drives Filipinos to rely heavily on informal and unregulated lending alternatives, which do not help build formal credit histories.

    “Across markets such as India, the Philippines, and Indonesia, borrowing from family, moneylenders, or gold-backed loans is widespread due to ease of access and familiarity,” read the report authored by Visa principal Asia-Pacific economist Simon Baptist and Asia-Pacific economist Minakshi Barman.

    Meanwhile, advanced Asia-Pacific economies have mature financial systems, with credit card penetration rates reaching nearly three-fourths of adults aged 15 and above. Hong Kong had the highest penetration rate at 72 percent, followed by Japan at 70 percent, South Korea at 68 percent, Taiwan at 64 percent, New Zealand at 57 percent, Australia at 51 percent, and Singapore at 42 percent.

    Let me end this post by asking you readers: What is your reaction to this recent development? Do you know anyone in your local community who successfully secured credit cards over the past six months? Do you have friends who already applied for credit cards? What do you think Filipinos are most afraid of when it comes to using credit cards? Do you think the weakening economic growth of the Philippines will discourage Filipinos from applying for credit cards?

    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 #AsiaPacific #AssociationOfSoutheastAsianNationsASEAN #Bing #BongbongMarcos #business #businessNews #CarloCarrasco #ChatGPT #creditCard #creditCardPenetration #economicConfidence #economicDynamism #economicGrowth #economics #economy #EconomyOfThePhilippines #Facebook #finance #GDPGrowth #geek #Google #GoogleSearch #governance #grossDomesticProductGDP #Instagram #Investagrams #ManilaBulletin #Marcos #money #news #Philippines #PhilippinesBlog #Pinoy #PresidentMarcos #publicService #socialMedia #SoutheastAsia #technology #Twitter #VisaCard #WordPress #WordPressCom
  7. Better than Streaming: Free Movie Admission For Senior Citizens In Muntinlupa City Restored

    Welcome back fellow geeks and film buffs!

    In the progressive city of Muntinlupa in the Philippines, the City Government led by Mayor Ruffy Biazon formally signed the memorandum of agreement (MOA) with three cinema operators – Alabang Town Center, Festival Mall and SM Center Muntinlupa – granting free admission for senior citizens with limits starting July 6, 2026, according to a Manila Bulletin news report.

    This move effectively restored the movie benefit of senior citizens in the city. Regarding the limitations of the benefit, free movie admissions will happen once-a-week, either on Monday or Tuesday.

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

    Senior citizens in Muntinlupa will once again be able to watch movies for free starting July 6, following the signing of an agreement between the city government and cinema operators.

    On July 1, Muntinlupa Mayor Ruffy Biazon signed a memorandum of agreement with SM Center Muntinlupa, Festival Mall, and Alabang Town Center granting senior citizens free movie admission.

    Biazon said bona fide residents of Muntinlupa can avail themselves of the free movie admission once a week, either on Monday or Tuesday.

    In May, Biazon signed City Council Resolution No. 2026-333, which authorized him to enter into the agreement with cinema operators in the city.

    The resolution stated: “Senior Citizens of Muntinlupa City are given preferential attention and priority to enjoy additional grants of incentives as an expression of gratitude for their invaluable contribution to the progress and prosperity of Muntinlupa City.”

    This latest development will eventually attract more senior citizens to enter the specific commercial places that have cinemas. Festival Mall’s modern cinemas are located at the 4th floor (AKA 3rd level) while those at Alabang Town Center are on the ground floor. Watching movies on the big screen inside the cinema is more immersive and clearly better than streaming.

    Streaming extremists who oppose cinema viewing cannot argue with the fact that almost all movies released from long ago were made for the big screen inside the theaters, not for smartphones, not for laptops and not for TV sets. I should state that senior citizens can enjoy spending time inside commercial joints socializing with friends after watching movies, and it definitely is not ideal for them to spend all their free time inside their homes. There is the human need for the temporary change of place and it is only the cinema that can provide them the immersive, big screen entertainment experience.

    If you wish to join a group of movie enthusiasts and talk about cinema, cinematic trends, Blu-ray releases and more relevant stuff, visit the Movie Fans Worldwide Facebook group at https://www.facebook.com/groups/322857711779576

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  8. Patient Transport Vehicle From PAGCOR Received By SBMA

    The Subic Bay Metropolitan Authority (SBMA) announced that it recently received from the Philippine Amusement and Gaming Corporation (PAGCOR) a patient transport vehicle which will boost the efficiency of medical service delivery in Subic Bay Freeport Zone.

    To put things in perspective, posted below is an excerpt from the SBMA’s official announcement. Some parts in boldface…

    Subic Bay Metropolitan Authority (SBMA) received a patient transport vehicle from the Philippine Amusement and Gaming Corporation (PAGCOR) during a turnover ceremony held at its head office in Pasay City on May 26, 2026.

    PAGCOR President and Chief Operations Officer (COO) Atty. Wilma T. Eisma turned over the patient transport vehicle to SBMA Public Health and Safety Department (PHSD) Medical Services Division OIC, Dr. Arlene Gravina-Cesa.

    SBMA Chairman and Administrator Eduardo Jose L. Aliño expressed his gratitude to PAGCOR for the patient transport vehicle which will boost the efficiency of medical service delivery in Subic Bay Freeport.

    My heartfelt thanks to PAGCOR, especially to Chairman Alejandro H. Tengco, for providing the Freeport with a patient transport vehicle. This unit will certainly enhance the services of our Public Health and Safety Department (PHSD) during the scheduled, non-emergency transfer of clinically stable patients,” he said.

    “Kay Mam Amy (Eisma), marami pong salamat at hindi pa rin kayo nakakalimot sa iyong dating tahanan, ang SBMA,” he added.

    Meanwhile, according to Tengco, the donation is part of the agency’s broader efforts to make basic healthcare more accessible, ensuring that communities and sectors in need, are able to receive urgent medical attention through these new patient transport vehicles.

    “More than simply meeting targets, it reflects a clear commitment: to support healthier, more resilient communities by investing in essential services people rely on when it matters most,” he said.

    Let me end this post by asking you readers: What is your reaction to this recent development? Do you think the SBMA has enough patient transport vehicles to ensure efficient medical service deliveries within the Freeport?

    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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  9. Dimayuga and Tan Rule Under-15 Youth Titles of 2026 Subic Bay International Triathlon

    DIEGO Jose Dimayuga of Get Coach’d Academy and Lauren Lee Tan dominated the Subic Bay International Triathlon (SuBIT) U15 Youth category held yesterday at the Subic Bay Freeport Zone.

    Dimayuga finished the super sprint race (375m swim, 10km bike and 2.5km run) in 35 minutes and 59 seconds. Teammate Pio Mishael Gabriel (36:31) placed second followed by Cebuano Joseph Ian Caluste of Be Tritans (36:58).

    In the girls division, Tan clocked 38:25 to beat Naomi Dimayuga (39:10) and Alaina Bouffaut (40:15) in the event organized by Triathlon Philippines (TriPhil) and supported by Philippine Sports Commission (PSC), the Subic Bay Metropolitan Authority (SBMA), NTT, Gatorade (official hydration partner), Western Guaranty Corporation, C-Vitt and Subic Bay Travelers Hotel (official race hotel).

    “I was sick for two weeks, I only had a week to train for this tournament,” said the 15-year-old Dimayuga, who lives in Silang, Cavite.

    Diego Jose Dimayuga (right) during the 10-kilometer bike leg at Subic Bay. He emerged victorious in the Under-15 category with a time of 35 minutes and 39 seconds. (photo credit: Rey Nillama) Lauren Lee Tan running on her way to victory during the race. (photo credit: Rey Nillama)

    Dimayuga, Latonio and Caluste duplicated their performances at the National Age Group Triathlon (NAGT) last February.

    Dimayuga, who made it to the national team at the start of the year, will join the Asian Youth Championships in Xuzhou, China next month.

    “I’m excited to represent the country and my team (GCA). I’ll do my best to win,” said Dimayuga, a silver medalist at the Asia Triathlon Junior and U23 Championships in Hong Kong last March.

    2026 SuBIT Under-15 champions Lauren Lee Tan and Diego Jose Dimayuga posed with their medals. (photo credit Rey Nillama)

    Meanwhile, Qatari Anes Khelili clocked 1:06:36 to prevail over Jarius Miguel Mejia of De La Salle Zobel Triathlon Team (1:06:38) and Lorenzo Claur of Baguio Benguet Triathlon (1:06:48) in the standard men 16-19 years old category of the event also backed by Milo, Ford, Sante Barley, Gatorade, Western Guaranty Inc., C-vitt, Lemon Square Bakery Treats, Gardenia, Fitbar, Ecotrans and RaceYa.

    The Top 3 finishers in the girls division were Naomi Felicity Aytin of BYBS/GAS Coaching (1:23:33), Fynley Quiban (1:25:25) and Keirstein Ann Marie Tigullo (1:27:23).

    Champions in the super tri-kids category were Marcus Jayden Balaquit and Danica Mireille Angodung (11-12), Rey Matthew Tundayag and Maiko Aleno (9-10),  Ethan Geronimo and Jan Christel Culanag (7-8), and Thirdy Geronimo and Lucia Ysabel Sarmenta (6-under).

    The other gold medalists in standard age-group men’s division were Earl James Ting of Be Tritans (20-29), Samuel Ebuen Bada of Olongapo Junior Trackers Multisport (30-39), Raffy Dolor of Artemis-Victory (40-49), John Erich Taca of Team Megawide (50-59), and Diosdado Soriano of BOST (60-over) while in the women’s division were Jan Mikaela Caruncho of 2600 Tri Team (20-29), Sandra Inocillas-Pineda of Sante Barley Tri Team (30-39), Lady Ro Anne Alviar of UPLB Trantados (40-49) and Maria Beatriz Azcuna of Beer Racer Beer (50-over).

    For more triathlon and multisport updates, visit https://www.facebook.com/TriPhil.  

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    Note: This post was sourced from the official press release of the event from Triathlon Philippines.

    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

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  10. Donnelly and Hayashi Rule NTT Asia Cup Subic Bay Elite Contests

    Heavy favorites Canadian Liam Donnelly and Japanese Manami Hayashi dominated the Elite Men’s and Women’s divisions of the NTT Asia Triathlon Cup Subic Bay International Triathlon, respectively, yesterday.

    Donnely, 26, whose latest conquest was 2025 Americas Triathlon Cup Manta, clocked 56 minutes and 16 seconds, 12 seconds clear of his closest pursuer Kazakh Daryn Konesbayov and 34 seconds ahead of dethroned titlist Japanese Takuto Oshima could only settle for the bronze medal.

    Manami Hayashi, 22, successfully defended her throne convincingly with a margin of 11 seconds. No. 1 in the Asian standing and ranked No. 37 in the world, she timed 1:02: 29 to runner-up Ayame Hayashi’s 1:02:40.

    Rounding out the top 5 positions included Austrian Philip Pertl (4th- 56:55) and Turk Gultigi Er (5th- 56:56) in the men’s side; and Turk Sinem Tous Servera (3rd- 1:02:53), Koreans Hye Rim Jeong (4th- 1:03:06) and Hye Rang (5th- 1:03:10 in the women’s contest.

    The Top 5 finishers of the Elite Men with champion Liam Donnelly in the middle. (photo source: Triathlon Philippines) The Top 5 of the Elite Women’s division with champion Manami Hayashi in the middle. (photo source – Triathlon Philippines)

    Organized Triathlon Philippines in cooperation with Subic Bay Metropolitan Authority (SBMA), the oldest and longest running triathlon event in Southeast Asia is sponsored by the Philippine Sports Commission (PSC), NTT, Gatorade (official hydration partner), Western Guaranty Corporation, C-Vitt and Subic Bay Travelers Hotel (official race hotel).

    Over at the NTT Asia Junior Triathlon Cup, the top 5 finishers were: men- Kazak Ramazan Ainegov (1st-1:01:55), Aussie Cooper Smeulders (2nd- 1:02:56), Korean Taul Jun (3rd- 1:033:46), Aussie Rhys Cameron (4th- 1:04:14) and local Pete Sancho del Rosario (5th- 1:04:35) and;

    In the women’s- Alua Nurmuhamet KAZ (1st- 1:11:12), Kaleruya Shneider KAZ (2nd- 1:1:18), Anisha Eunice Caluya PHI (3rd- 1:11:48), Charlotte Thurston UAE (4th- 1:12:51) and Yuki Yokoi JPN (5th – 1:15:54).

    The third pillar of the 3-in-1 2026 SuBIT affair—the National Triathlon Championships—saw Inaki Lorbes (58:57) and Raven Alcoseba (1:04:58) emerge as champions. Completing the medalist were; silver – Andrew Remolino (1:00:01) &  Samantha Corpuz (1:11:21) and bronze- Dayshaun Ramos (1:01:35) & Mikele Katerina Jopson (1:114:37).

    For more triathlon and multisport updates, visit https://www.facebook.com/TriPhil.  

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    Note: This post was sourced from the official press release of the event from Triathlon Philippines.

    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

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  11. Japanese Triathletes Defend SuBIT Crowns

    Takuto Oshima and Manami Hayashi, both from Japan, take a crack at extending their hold on their respective titles in the NTT Asia Triathlon Cup Subic Bay, more commonly known as the Subic International Triathlon (SuBIT), at Subic Bay Freeport Zone on May 2 (Saturday).

    SuBIT’s 33rd staging carries with it the NTT Asia Triathlon Junior Cup for first time and henceforth the official Philippine National Triathlon Championships and qualifier for National Training Pool.

    While Oshima (ranked #88 male in the world) and Hayashi (#36 female) will enjoy strong support from their compatriots, Oshima will face the strongest challenge from Canadian Liam Donnelly who is ranked higher by 15 notches.

    Hayashi on the other hand is top-ranked among the female entries and the closest to her who are non-Japanese are Turkey’s Sinem Servera (#87) and USA’s Michelle Magnani (#91).

    Organized Triathlon Philippines in cooperation with Subic Bay Metropolitan Authority, the oldest and longest running triathlon event in Southeast Asia is sponsored by Philippine Sports Commission, NTT, Gatorade (official hydration partner), Western Guaranty Corporation, C-Vitt and Subic Bay Travelers Hotel (official race hotel).

    One of the more popular triathlons in Asia, this year’s SuBIT drew 92 elite triathletes and 31 elite juniors from 24 countries including Australia, Brazil, Bahrain, Canada, Cambodia, Guam, Hongkong, Indonesia, India, Japan, Kazakhstan, South Korea, Qatar, Thailand, Taipei, Turkey, Ukraine, USA, Singapore, UAE, Bangladesh, Samoa and Philippines.

    Looming as top bets from Southeast Asia include 2025 Southeast Asian Games champion Indonesian Rashif Amila Yaqin, also 2023 SEAG silver medalist, in the male division.

    French Cambodian Margot Garabedian, 2023 SEAG gold medalist and runner-up in the 2026 Asian Beach Games aquathlon last April 24, lead the ASEAN campaign in the distaff side.        

    The non-elite athletes in the field of nearly 500 will display their wares in the second day of action.

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    Note: This post was sourced from the official press release of the event from Triathlon Philippines.

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

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  12. Non-Resident/Pass Thru Car Stickers Of Alabang Hills Village For 2026-2027 Now Available

    The Alabang Hills Village Association (AHVA) announced that the 2026-2027 edition of its car stickers for non-residents motorists are now available and already applications are being accepted.

    For accuracy, posted below is the excerpt about the2026-2027 non-resident/pass thru car stickers of Alabang Hills. Take note that the AHVA has a separate arrangement with the federation of BF Homes.

    2. NON-RESIDENT

    A. Private Cars (all vehicles with 3 or more wheels, including vans, pick-ups, & SUVs)

    One-year sticker: P2,500 per car**

    B. AHV-BF Residents (Discounted Fee-Reciprocity Arrangement)

    -P2,000 per car for 5 cars / household

    – personal use only ( business or commercial vehicles are not entitled to discount)

    -no discount for applications beyond the deadline

    How to apply – click https://alabanghillsvillage.com/non-resident-sticker/

    Download the official application form, print it, fill all the details and sign it.

    VSAF-Revised-2026Download

    Book your appointment online selecting the available dates and time slots. Make sure you bring the vehicle’s official receipt (OR) and certificate of registration (CR). Also prepare the amount of money needed to pay for the new non-resident car sticker.

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  13. Summer Swimming Lessons 2026 At Tropical Palace Resort Hotel Start Today

    The Summer Swimming Lessons 2026 program at Tropical Palace Resort Hotel in BF International, Las Piñas City officially begins today.

    Coach Alec Dequiña will lead the teaching of the swimming lessons. Inside Tropical Palace Resort Hotel are the main swimming pool (rectangular) and the small pool.

    Courses offered are as follows: Basic (6-years-old and above) for P6,500 with lessons taking place 7:30 AM to 8:30 AM. Advance (6-years-old and above) for P6,500 with lessons taking place 7:30 AM to 8:30 AM. Toddlers (3 to 5-years-old) for P7,500 with lessons taking place 9 AM to 10 AM.

    For your reference.

    For the precise location of Tropical Palace Resort Hotel, click https://maps.app.goo.gl/qHxdSmeANvk5m4Fa7

    To see what the swimming pools look like, click here.

    For more information, call Tropical Palace Resort Hotel at landline numbers 8825-1011 and 8825-1012, and mobile number 0906-2750698.

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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  @HavenorFantasy as well as on Tumblr at https://carlocarrasco.tumblr.com/ and on Instagram at https://www.instagram.com/authorcarlocarrasco

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

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