#public-service — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #public-service, aggregated by home.social.
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On joining the board of the Windham & Windsor Housing Trust, I reflect on more than 30 years of nonprofit service and why contributing time and expertise to community organizations matters.
#newpost #NonprofitLeadership #BoardService #Community #Nonprofits #Vermont #PublicService
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U.S. Trade And Development Agency To Fund Feasibility Study For Sangley Point International Airport
Here in the Philippines, the push to develop new international airports to improve air travel connectivity with other destinations gained a major step forward as the United States Trade and Development Agency (USTDA) will fund a crucial feasibility study for the multi-billion Dollar Sangley Point International Airport (SPIA) project, 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 United States (US) Trade and Development Agency (USTDA) will fund a feasibility study for the proposed Sangley Point International Airport in Cavite, a project aimed at easing congestion in Metro Manila and bolstering security for direct transpacific flights.
The USTDA awarded the grant to Cavitex Holdings Inc., a local developer leading the project consortium, the agency said in a statement on Tuesday, May 12.
Cavitex has selected California-based The S-A-P Group LLC to conduct the technical analysis, which will include air traffic forecasting, financial modeling, and the design of security protocols for a facility intended to serve as a major gateway for US-bound travel.
The investment comes as the Philippines struggles to manage surging aviation demand. Metro Manila’s primary gateway, Ninoy Aquino International Airport (NAIA), handled approximately 52 million passengers in 2025, pushing its aging infrastructure to the limit. The Sangley project is a central component of the Luzon Economic Corridor, a strategic initiative designed to strengthen economic resilience and infrastructure connectivity across the country’s most populous island.
“The high volume of direct international travel between the United States and the Philippines reflects the steadfast friendship of our two countries,” said Thomas R. Hardy, USTDA deputy director.
He added that the project aligns with the broader goal of maintaining a free and open Indo-Pacific by fostering safe and efficient passenger traffic.
For Cavitex, the US backing provides both technical expertise and a gateway to American technology. The study will evaluate the adoption of US solutions for security screening, telecommunications, and airport construction.
Leonides J.M. Virata, Cavitex president and chief executive officer, said the grant will accelerate the development of an airport expected to generate tens of thousands of jobs and unlock billions of pesos in long-term economic activity.
While the project cost remains subject to the study’s findings, the consortium has previously indicated that the multi-phase redevelopment of the former naval base could require an investment exceeding 500 billion pesos. The project is designed to handle both cargo and passenger traffic, providing a necessary relief valve for the capital region’s saturated airspace.
The USTDA functions as a “first mover” for US government involvement in emerging market infrastructure, providing the technical groundwork required to make large-scale projects bankable.
Let me end this post by asking you readers: What is your reaction to this recent development? Are you convinced that the USTDA’s funding of a feasibility study is very crucial for the development of the Sangley Point International Airport? Do you think there really is a high volume of direct international travel between America and the Philippines? Do you think the development of new international airports in the Philippines will progress better as long as the national government does not get involved?
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
#airTraffic #AirTravel #airports #America #ASEAN #Asia #AssociationOfSoutheastAsianNationsASEAN #Bing #business #businessNews #CarloCarrasco #Cavite #CavitexHoldings #ChatGPT #commerce #decongestion #DonaldJTrump #DonaldTrump #economics #economy #EconomyOfThePhilippines #Facebook #geek #Google #GoogleSearch #governance #infrastructure #Instagram #internationalAirport #internationalTrade #Investagrams #ManilaBulletin #NAIA #news #NinoyAquinoInternationalAirportNAIA #Philippines #PhilippinesBlog #Pinoy #PresidentTrump #publicService #SangleyPointInternationalAirportSPIA #socialMedia #SoutheastAsia #technology #tourism #tourismBlog #trade #travel #travelBlog #Trump #Twitter #USTradeAndDevelopmentAgencyUSTDA #UnitedStatesTradeAndDevelopmentAgencyUSTDA #USTDA #WordPress #WordPressCom -
On joining the board of the Windham & Windsor Housing Trust, I reflect on more than 30 years of nonprofit service and why contributing time and expertise to community organizations matters.
#newpost #NonprofitLeadership #BoardService #Community #Nonprofits #Vermont #PublicService
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Philippines Inflation Accelerates To 7.2% In April 2026
Considering the immense economic impact the conflict in the Middle East had on the world, the inflation rate of Philippines unsurprisingly accelerated to 7.2% in April 2026, according to a news report by GMA News.
To put things in perspective, posted below is an excerpt from the GMA News report. Some parts in boldface…
Inflation rate accelerated to its fastest in three years in April 2026 as higher global fuel prices brought about by the Middle East petroleum crisis spilled over to food, local petroleum, and utilities costs during the period.
At a press briefing on Tuesday, National Statistician and PSA chief Claire Dennis Mapa said inflation — the rate of increase in the prices of goods and services — accelerated to 7.2% last month from 4.1% in March 2026 and 1.4% in April 2025.
This was the fastest inflation print since March 2023, when the inflation rate clocked in at 7.6%.
April’s inflation brought the year-to-date rate to 3.9%, still within the 2% to 4% comfortable ceiling set by the government for the entire 2026.
“Ang pangunahing dahilan ng mas mataas na antas ng inflation nitong Abril 2026 kumpara noong Marso 2026 ay ang mas mabilis na pagtaas ng presyo ng Food and Non-Alcoholic Beverages na may 6% inflation rate,” Mapa said.
(The main contributor to the increase in inflation rate in April 2026 compared to March 2026 was the faster hike in the prices of Food and Non-Alcoholic Beverages which posted a 6% inflation rate.)
Also contributing to the uptrend of the overall inflation in April 2026 was the faster annual increases seen in the Transport index at 21.4% in from 9.9% in March as well as the Housing, Water, Electricity, Gas and Other Fuels at 8.2% during the month from 4.7% in the previous month.
Moreover, faster increment were likewise seen in the indices of the following commodity groups last month:
Alcoholic beverages and tobacco – 4.8% from 3.7%; Clothing and footwear – 2.8% from 2.6%; Furnishings, household equipment and routine household maintenance – 3.5% from 3.1%; Health – 3.8% from 3.4%; Information and communication – 0.9% from 0.7%; Recreation, sport and culture – 4.9% from 4.7%; Restaurants and accommodation services – 6% from 5%; Personal care, and miscellaneous goods and services – 3.3% from 2.9%.
Food inflation – Food inflation, which tracks the price movements of food items in a “basket” commonly purchased by household, soared to 6.1% from 2.7% month-on-month driven primarily by the faster increase in rice inflation at 13.7% from 3.5% in March 2026.
Faster increments were also seen in corn (21% from 12.3%), flour and other bakery products (3% from 2.5%), fish and other seafood (9.4% from 6.6%), fruits and nuts (6% from 4.7%), vegetables (10.4% from 7%), and ready-made food (2.5% from 2.4%).
Let me end this post by asking you readers: What is your reaction to this recent development? Do you think the inflation rate of the Philippines will end up at 5% by the end of this year?
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 #Blog #CarloCarrasco #ChatGPT #commerce #economics #economy #EconomyOfThePhilippines #energy #Facebook #food #geek #GMANews #Google #GoogleSearch #governance #inflation #inflationRate #Instagram #Investagrams #MiddleEast #news #oil #Philippines #PhilippinesBlog #Pinoy #publicService #socialMedia #SoutheastAsia #technology #Twitter #war #WordPress #WordPressCom -
New Tourism Chief Says Philippines Counted 2.24 Million Foreign Visitor Arrivals As Of April 27
New Department of Tourism (DOT) secretary Dita Angara-Mathay said the Philippines counted a total of 2.24 million foreign visitor arrivals this year as of the 27th of April, according to a news article by the Philippine News Agency (PNA).
To put things in perspective, posted below is an excerpt from the PNA news article. Some parts in boldface…
Tourism demand in the Philippines remains strong despite volatilities and challenges besetting the industry, Tourism chief Dita Angara-Mathay said Wednesday.
Speaking at the Tourism Congress of the Philippines (TCP) conference on tourism resilience in Makati City, Angara-Mathay said foreign visitor arrivals from January to April 27, reached 2.24 million, up nearly 9 percent year-on-year.
“What this tells us is simple: tourism demand is still strong-but more sensitive, more selective, and more dynamic,” she said.
Thus, Angara-Mathay said the DOT would make a “more active and deliberate role” in stakeholder coordination to further strengthen tourism in the Philippines.
She said the agency will also continue to position tourism resilience as an economic priority, given its close to 9 percent contribution to gross domestic product (GDP) and support for employment.
“My background in trade, investments, and industry development shapes my perspective. I see tourism not just as a sector, but as an ecosystem—one that depends on investment flows, supply chains, enterprise development, infrastructure, and market access,” she said.
“It requires inputs. It requires coordination. It requires investment. And it requires discipline in execution. This lens will guide our work,” she stressed.
Angara-Mathay said DOT’s strategic direction in the next coming years would be focused on connectivity, domestic tourism, destination readiness, investment, ease of entry, and priority markets, such as China, India, Japan, South Korea, Taiwan, Southeast Asia, North America, Australia, and Europe.
“Some of the challenges we face-particularly in infrastructure, connectivity, and investment-will take time. These are structural issues,” she said. “They require sustained effort and long-term commitment. So I ask for patience. But patience does not mean delay. We begin now.”
Let me end this post by asking you readers: What is your reaction to this recent development? Do you think the DOT will perform better and be more strategic under the new secretary Angara-Mathay? Are you convinced that the Philippines is indeed attracting more foreign tourists this year? Do you think the Philippines will be able to get out of its 2025 foreign tourist slump, attract more visitors from overseas and become more competitive with its Southeast Asian neighbors by the end of this year?
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 #Blog #blogging #CarloCarrasco #ChatGPT #commerce #DepartmentOfTourismDOT #DitaAngaraMathay #economics #economy #EconomyOfThePhilippines #Facebook #foreignTourists #foreignVisitors #geek #Google #GoogleSearch #governance #Instagram #internationalTourism #Investagrams #news #PhilippineNewsAgencyPNA #Philippines #PhilippinesBlog #PhilippinesTourism #Pinoy #PNA #PNAGovPh #publicService #socialMedia #SoutheastAsia #technology #tourism #tourismBlog #tourist #touristArrivals #touristBlog #tourists #travel #travelBlog #Twitter #WordPress #WordPressCom -
Philippines Digital Economy Reaches P2.74 Trillion In 2025
The digital economy of the Philippines grew to P2.74 trillion in gross value added (GVA) in 2025 and its contribution to the nation’s gross domestic product (GDP) is at 9.8%, according to a business news report by GMA News.
To put things in perspective, posted below is an excerpt from the report of GMA News. Some parts in boldface…
The Philippine digital economy continues its upward trajectory, reaching a Gross Value Added (GVA) of P2.74 trillion in 2025, accounting for 9.8% of the country’s gross domestic product (GDP), according to the latest preliminary data from the Philippine Statistics Authority (PSA).
Last year’s digital economy GVA grew by 5.4% from P2.59 trillion recorded in 2024 as the country moves forward with digital transformation initiatives across public and private sectors.
The PSA defines the digital economy as encompassing four main areas: digital-enabling infrastructure, digital content and media, e-commerce, and government digital services.
Digital-enabling infrastructure remained the primary driver of GVA, contributing P1.79 trillion to the total.
Within this sector, growth was fueled by ICT services with a 27.1% contribution, ICT manufacturing with 13.6%, and ICT-enabled services with 13.3%.
E-commerce followed as a significant contributor at 32.2%, while digital content and media accounted for 2.2% and government digital services made up the remaining 0.3% of the digital landscape.
Beyond monetary value, the digital sector has become a massive source of livelihood for Filipinos.
In 2025, the digital economy employed 10.39 million people, accounting for 21.2% of the country’s total workforce.
This was a 1.2% increase from the 10.27 million workers recorded the previous year.
Let me end this post by asking you readers: What is your reaction to this recent development? Do you think the digital economy of the Philippines will continue to grow this year? Could the nation’s digital economy reach P3 trillion in value in the near future?
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
#Asia #Bing #Blog #blogger #blogging #CarloCarrasco #ChatGPT #commerce #digitalEconomy #eCommerce #economicDynamism #economicGrowth #economics #economy #EconomyOfThePhilippines #Facebook #finance #geek #Google #GoogleSearch #governance #grossDomesticProductGDP #Instagram #Investagrams #jobs #money #news #Philippines #PhilippinesBlog #Pinoy #publicService #socialMedia #SoutheastAsia #technology #Tumblr #Twitter #WordPress #WordPressCom -
Philippine Economic Growth Slows Down To 2.8% In 1st Quarter Of 2026
While the Philippines is hosting the summit of the Association of Southeast Asian Nations (ASEAN), the economy of the nation grew only 2.8% in the first quarter this year and it is the slowest growth in five years, according to a business news report by the Manila Bulletin.
To put things in perspective, posted below is an excerpt from the Manila Bulletin news report. Some parts in boldface…
The Philippine economy grew at its slowest pace in five years, expanding just 2.8 percent in the first quarter of 2026, as the country grapples with the persistent government spending slump and mounting inflation shocks.
The country’s economy, as measured by the gross domestic product (GDP), decelerated from the 3.0 percent expansion recorded in the final three months of 2025.
It also significantly missed the 3.4 percent median growth projected by economists in a survey, and marked the weakest quarterly output for the country since the first quarter of 2021, when the economy contracted 3.8 percent during pandemic-era lockdowns.
Growth was severely dragged down by a prolonged slump in public construction following a massive government flood-control scandal late last year, which has continued to stall state spending.
Moreover, the global energy shock triggered by the Middle East conflict in late February also sent domestic oil and input costs soaring, severely denting consumer and business confidence.
Let me end this post by asking you readers: What is your reaction to this recent development? Do you think heavy government spending will boost the economy somehow? Could it be possible that the Philippines could fall into a recession this year or next year? How do you rate the performance of the economic managers of the national government?
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 #ASEANSummit #Asia #AssociationOfSoutheastAsianNationsASEAN #Bing #business #businessNews #CarloCarrasco #ChatGPT #commerce #economicDynamism #economicGrowth #economicSlowdown #economics #economy #EconomyOfThePhilippines #energy #Facebook #finance #food #geek #Google #GoogleSearch #governance #grossDomesticProductGDP #inflation #inflationRate #Instagram #Investagrams #jobs #ManilaBulletin #MiddleEast #money #news #oil #Philippines #PhilippinesBlog #Pinoy #publicService #recession #socialMedia #SoutheastAsia #technology #Twitter #war #WordPress #WordPressCom -
Food Cart Program Launched In Las Piñas City
Recently in Las Piñas City, a new livelihood program designed to help locals start small businesses was launched by the City Government, 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 Las Piñas City government launched its “Pangkabuhayan Cart” program, a new livelihood initiative aimed at helping residents start small businesses and achieve financial stability.
Las Piñas Mayor April Aguilar led the program with the distribution of food carts to six selected Las Piñero families, marking the first step in providing sustainable income opportunities for local communities.
The program is designed to empower residents by giving them the tools and resources needed to operate their own small enterprises.
Aguilar said that beneficiaries are given a chance to earn a steady income and build a better future for their families.
Let me end this piece by asking you readers: If you are a resident of Las Piñas City, what is your reaction to this development? Do you think the new food cart program will inspire a lot of local residents to start small businesses?
You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.
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Thank you for reading. If you find this article engaging, please click the like button below, share this article to others and also please consider making a donation to support my publishing. If you are looking for a copywriter to create content for your special project or business, check out my services and my portfolio. Feel free to contact me with a private message. Also please feel free to visit my Facebook page Author Carlo Carrasco and follow me on Twitter at @CarloCarrascoPH as well as on Tumblr at https://carlocarrasco.tumblr.com/ and on Instagram at https://www.instagram.com/authorcarlocarrasco
For more South Metro Manila community news and developments, come back here soon. Also say NO to fake news, NO to irresponsible journalism, NO to misinformation, NO to plagiarists, NO to reckless publishers and NO to sinister propaganda when it comes to news and developments. For South Metro Manila community developments, member engagement, commerce and other relevant updates, join the growing South Metro Manila Facebook group at https://www.facebook.com/groups/342183059992673
#Aguilar #AprilAguilar #AprilAguilarNery #Asia #Bing #Blog #blogger #blogging #business #businessNews #CarloCarrasco #ChatGPT #CityOfLasPiñas #diversity #economics #economy #EconomyOfThePhilippines #Facebook #food #geek #Google #GoogleSearch #governance #Inclusion #LasPiñas #LasPiñasCity #ManilaBulletin #MayorAguilar #MetroManila #NationalCapitalRegionNCR #NCR #news #Philippines #PhilippinesBlog #Pinoy #politics #publicService #socialMedia #SouthMetroManila #SouthSnippets #SoutheastAsia #Southies #WordPress #WordPressCom -
Over 1,400 Las Piñas City Senior Citizens Receive 1st Quarter Pension
Recently in Las Piñas City, more than one thousand four hundred senior citizens from three different barangays received their social pension of P3,000 each for the first quarter this year, the City Government announced. Mayor April Aguilar personally attended the distribution and met with the constituents.
To put things in perspective, posted below is an excerpt from the City Government’s announcement (translated from Tagalog). Some parts in boldface…
More than 1,400 senior citizens from Barangay Pulanglupa Dos, Manuyo Dos, and CAA have personally received their P3,000 Social Pension for the first quarter of 2026.
Payout was done at Aguilar Sports Complex where our grandparents were comfortable waiting to be called for their pension.
Mayor April also reminded our seniors of the programs the city provides freely to them to better care for their health and well-being. Because in Las Piñas, caring is not just a word.
Let me end this piece by asking you readers: If you are a resident of Las Piñas City, what is your reaction to this development? Do you personally know any local senior citizens who received their respective social pension fund?
You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.
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Thank you for reading. If you find this article engaging, please click the like button below, share this article to others and also please consider making a donation to support my publishing. If you are looking for a copywriter to create content for your special project or business, check out my services and my portfolio. Feel free to contact me with a private message. Also please feel free to visit my Facebook page Author Carlo Carrasco and follow me on Twitter at @CarloCarrascoPH as well as on Tumblr at https://carlocarrasco.tumblr.com/ and on Instagram at https://www.instagram.com/authorcarlocarrasco
For more South Metro Manila community news and developments, come back here soon. Also say NO to fake news, NO to irresponsible journalism, NO to misinformation, NO to plagiarists, NO to reckless publishers and NO to sinister propaganda when it comes to news and developments. For South Metro Manila community developments, member engagement, commerce and other relevant updates, join the growing South Metro Manila Facebook group at https://www.facebook.com/groups/342183059992673
#Aguilar #AprilAguilar #AprilAguilarNery #Asia #BarangayBFInternationalCAA #BarangayCAA #BarangayManuyoDos #BarangayPulangLupaDos #Bing #Blog #blogger #blogging #CarloCarrasco #ChatGPT #CityOfLasPiñas #DepartmentOfSocialWelfareAndDevelopmentDSWD #diversity #Facebook #finance #geek #Google #GoogleSearch #governance #Inclusion #LasPiñas #LasPiñasCity #MayorAguilar #MetroManila #money #NationalCapitalRegionNCR #NCR #news #Philippines #PhilippinesBlog #Pinoy #politics #publicService #SeniorCitizens #socialMedia #SouthMetroManila #SouthSnippets #SoutheastAsia #Southies #WordPress #WordPressCom -
Happy US Public Service Recognition Week!
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https://2026.ourpublicservice.org/public-service-recognition-week
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To every #publicservant that contributes to the #public’s #wellbeing and #prosperity, at every level of #government - be that #industry, #science, #agriculture, #fisheries, #ecology, #naturalresources, #environmental, #qualityoflife, #publicsafety, #publichealth, #wastedisposal, #waterresources, #foodsecurity, #planning, #policy, and SO much more…
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“Public Service Recognition Week (PSRW) 2026 takes place May 3–9, celebrating federal, state, county, local, and tribal government employees who strengthen communities. It honors dedicated professionals—from first responders and teachers to public administrators—who provide essential services…”
#publicservice #publicgood #fedservice #opendata #taxpayervalue #publicsupport #farming #GIS #spatial #mapping #nation #national #USA -
Fuel Subsidy Released To Over 2,000 Tricycle And PUJ Drivers In Las Piñas City
Recently in Las Piñas City, more than two thousand drivers of tricycles and public utility jeepneys (PUJs) received P5,000 each in fuel subsidy during the payout at Aguilar Sports Complex monitored by local officials, according to the City Government’s announcement.
To put things in perspective, posted below is the entire social media announcement (translated from Tagalog) of the City Government. Some parts in boldface…
For those who were not able to claim their subsidy, the Special Fuel Subsidy Payout was held at Aguilar Sports Complex where almost 2,300 Tricycle and PUJ drivers personally received P5,000.
With the cooperation of DSWD-NCR and CSWDO headed by Ms. Lowefe Romulo, the distribution of relief was smooth, fast and organized inside a comfortable and cold venue. Like the previous payout, there is still a help desk to respond to some questions and problems drivers have experienced in relation to their documents.
In this time when oil and gasoline prices are still very high, the city government, under the leadership of Mayor April Aguilar, is ensuring that every registered driver will be provided and will receive the assistance intended for them.
Let me end this piece by asking you readers: If you are a resident of Las Piñas City, what is your reaction to this development? Do you consider P5,000 sufficient as a fuel subsidy for the tricycle and PUJ drivers of the city?
You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.
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Thank you for reading. If you find this article engaging, please click the like button below, share this article to others and also please consider making a donation to support my publishing. If you are looking for a copywriter to create content for your special project or business, check out my services and my portfolio. Feel free to contact me with a private message. Also please feel free to visit my Facebook page Author Carlo Carrasco and follow me on Twitter at @CarloCarrascoPH as well as on Tumblr at https://carlocarrasco.tumblr.com/ and on Instagram at https://www.instagram.com/authorcarlocarrasco
For more South Metro Manila community news and developments, come back here soon. Also say NO to fake news, NO to irresponsible journalism, NO to misinformation, NO to plagiarists, NO to reckless publishers and NO to sinister propaganda when it comes to news and developments. For South Metro Manila community developments, member engagement, commerce and other relevant updates, join the growing South Metro Manila Facebook group at https://www.facebook.com/groups/342183059992673
#Aguilar #AprilAguilar #AprilAguilarNery #ASEAN #Asia #AssociationOfSoutheastAsianNationsASEAN #Bing #Blog #blogger #blogging #CarloCarrasco #ChatGPT #CityOfLasPiñas #diversity #Facebook #finance #fuel #fuelSubsidy #geek #Google #GoogleSearch #governance #Inclusion #jobs #LasPiñas #LasPiñasCity #MayorAguilar #MetroManila #money #NationalCapitalRegionNCR #NCR #news #oil #Philippines #PhilippinesBlog #Pinoy #politics #publicService #publicUtilityJeepneyPUJ #socialMedia #SouthMetroManila #SouthSnippets #SoutheastAsia #Southies #transportation #tricycle #WordPress #WordPressCom -
Swiss Challenge For P6.2 Billion Subic Bay International Airport Launched By SBMA
New developments regarding the Subic Bay International Airport (SBIA) could happen soon as the Subic Bay Metropolitan Authority (SBMA) formally launched the Swiss challenge for it, according to a news report by the Manila Bulletin. It is recalled that Cerberus Asia Pacific Investments proposed to manage, operate and rehabilitate the SBIA for P5.31 billion.
To put things in perspective, posted below is an excerpt from the news report of the Manila Bulletin. Some parts in boldface…
More than a year after an unsolicited proposal was first submitted, the Subic Bay Metropolitan Authority (SBMA) has formally launched the Swiss challenge for the ₱6.2-billion Subic Bay International Airport (SBIA) project, opening the door to rival bidders for an airport that would complement the seaport facilities in the former United States (US) naval base in Zambales province.
In an invitation posted on the website of the Public-Private Partnership (PPP) Center last Monday, April 27, SBMA invited challengers to apply for eligibility and submit comparative proposals for the airport project, which is an unsolicited proposal from American firm Cerberus Asia Pacific Investments LLC. PPP Center Deputy Executive Director Eleazar E. Ricote told Manila Bulletin on Tuesday, April 28, that the estimated project cost is ₱6.2 billion, up from the previous ₱5.31-billion estimate released by the agency last year.
SBMA noted that it received the unsolicited proposal from Cerberus in March 2025 under an operate-rehabilitate-add-transfer scheme in accordance with Republic Act (RA) No. 11966, or the PPP Code of the Philippines. Cerberus proposed a 25-year concession period, subject to extension.
To recall, Cerberus previously acquired the shuttered Hanjin shipyard in Subic in 2022 and has since invested at least $40 million to revive operations at the facility, now known as Agila Subic Multi-Use Facilities—said to be the future site of a joint US-Philippines ammunition production and storage facility. The firm had also earlier signaled plans to convert the Subic airport into a cargo and logistics hub as part of its broader investments in shipbuilding, logistics, semiconductors, and energy in the country.
The Swiss challenge—technically referred to in SBMA’s bidding documents as a “comparative challenge”—involves the upgrade, expansion, operation and maintenance (O&M), and eventual turnover of SBIA to SBMA after the concession period. The project primarily aims to establish an efficient and modern cargo transport system for Luzon region by transforming the airport into a modern, efficient, and high-capacity cargo hub that meets international standards and improves cargo shipment quality, SBMA said.
Following detailed evaluation and negotiations between SBMA and Cerberus, the American firm was granted original proponent status (OPS), making its unsolicited proposal subject to comparative challenge.
In Philippine PPP practice, a comparative challenge is essentially the formal Swiss challenge process for unsolicited proposals, wherein third parties may submit competing bids while the original proponent retains the right to match the best offer.
Under this project’s single-stage bidding process, challengers must submit a comparative proposal consisting of three envelopes: qualification documents, a technical proposal, and a financial proposal.
SBMA’s pre-qualification/qualifications, bids, and awards committee (PBAC) will first evaluate challengers’ legal, technical, and financial qualifications. Those who pass will proceed to the opening of technical proposals, and compliant technical bids will move on to the opening of financial proposals. The challenger submitting the financial proposal that meets the highest base concession fee in contract year one will be declared as having the most superior comparative proposal.
The comparative challenge will be conducted under a right-to-match mechanism, in which Cerberus, as the original proponent, may match or better the financial proposal of the most superior comparative proposal within 30 calendar days.
“In case the SBMA PBAC determines the financial proposal of the original proponent to be superior or more advantageous to the government or in case there is no challenger, the PPP contract shall be awarded to the original proponent,” SBMA said.
Interested challengers may obtain the instructions to challengers and other tender documents starting May 18 upon payment of a non-refundable participation fee of ₱1.4 million, or $23,333.33. Only challengers that have paid the fee in full may join the pre-bid conference, participate in the comparative challenge, and submit comparative proposals.
The comparative challenge process will run for 90 calendar days from the issuance of the challenge documents. Submission of comparative proposals must be completed on or before 2 p.m. on Aug. 17.
The Subic airport project complements the government’s broader push for the Luzon Economic Corridor (LEC), which aims to strengthen logistics, infrastructure, and industrial connectivity across the former US bases of Subic and Clark, Manila, and Batangas province.
Let me end this post by asking you readers: What is your reaction to this recent development? Do you think there will be challengers coming in for the P6.2 billion SBIA? When was the last time you visited the international airport in the Subic Bay Freeport Zone?
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
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The Carney government’s embrace of AI will put lives at risk
#Canada #AI #Tech #Politics #Ethics #PublicPolicy #Government #Labour #Economy #PublicService #Carney #PublicService #Accountability #DigitalTransformation #SocialJustice
#Healthcare #Immigration
https://the-14.com/the-carney-governments-embrace-of-ai-will-put-lives-at-risk/ -
The dutch alternative to sharing public code | Interoperable Europe Portal https://interoperable-europe.ec.europa.eu/collection/open-source-observatory-osor/news/dutch-alternative-sharing-public-code
#OpenSource #Forgejo #DigitalSovereignty #PublicSector #Innovation #GovTech #Digitalisierung #digitalization #Collaboration #CommunityDriven #SoftwareDevelopment #FederatedCode #OpenGov #TechCommunity #CoCreation #Independence #SoftLaunch #UserCentric #DigitalTransformation #PublicService #FutureOfTech
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In a stunning display of self-restraint, U.S. #Senators have heroically decided to stop themselves from profiting off prediction markets, because nothing says "public service" like giving up their side hustle. 🤑💼 Meanwhile, we all know they’ll find a new loophole by next Tuesday. 🙄🔄
https://www.wsj.com/politics/policy/senators-vote-to-ban-themselves-from-trading-on-prediction-markets-ae4535dd #selfrestraint #publicservice #predictions #loopholes #HackerNews #ngated -
Va fan är detta för frågeställning i en partiledardebatt ett valår:
"Det är rekordfå asylsökande som kommer till Sverige just nu. Tycker partierna att det är bra eller dåligt?"
Som om 6 partier har ändrat sina negativa, och i vissa fall, fascistoida, ståndpunkter över en natt.
Jag ser redaktionens jakt på konflikt som frågedrivande. Inte valinformation.
Detta hör hemma i reklam-tv.
#PublicService kan bättre.
#Sverige #SVT #TV #Val2026 -
Huge Shipment Of Diesel Arrives At Subic Bay Port
Recently at the Subic Bay Freeport Zone, a huge shipment of diesel of more than forty-four thousand metric tons arrived at the port which has been described as a crucial step in strengthening the energy security of the nation, according to an official announcement by the Subic Bay Metropolitan Authority (SBMA).
To put things in perspective, posted below is an excerpt from official announcement by the SBMA. Some parts in boldface…
The Philippine National Oil Company (PNOC), a government-owned and – controlled corporation (GOCC), has recently received a major diesel fuel shipment at the Port of Subic Bay, signaling a crucial step in bolstering the country’s energy reliability. The shipment consists of 44,119 metric tons—or 329,505 barrels of diesel fuel.
Subic Bay Metropolitan Authority (SBMA) Senior Deputy Administrator for Port Operations Ronnie Yambao said that the shipment of PNOC’s 329,505 barrels or 44,119 metric tons of diesel arrived in Subic Freeport on April 10 through the Philippine Coastal Storage and Pipeline Corporation (PCSPC) storage facility.
He added that as of March 30, the Bureau of Internal Revenue (BIR) had already issued a special permit to the PNOC Exploration Corporation (PNOC-EC) to fast-track the emergency importation of petroleum products, especially diesel, to stabilize the nation’s energy supply.
“The special permit is designed to bypass standard bureaucratic processes and customs procedures that could delay immediate importation of fuel”; he said.
The PNOC-EC is set to procure a total of two million barrels of oil and 22,000 metric tons of LPG to build a national buffer stock, aiming to mitigate price volatility and secure supply.
These emergency stocks that are expected to augment around 10 days of the country’s additional fuel supply and strengthen LPG reserves, are being secured in response to Middle East market disruptions.
Subic Bay Freeport is home to the PCSPC, the largest petroleum product import storage facility in the Philippines, which stores a significant portion of the national buffer stock. The facility currently has a storage capacity of approximately 6.3 million barrels (roughly one billion liters) of fuel.
It occupies about 160 hectares and accounts for 20% of the total fuel storage capacity in the Philippines. The depot is spread across the Boton and Maritan Hill areas within the Freeport.
The facility uses the infrastructure of the former U.S. Naval Base in Subic Bay. At its peak during the Vietnam War, the site handled the largest volume of fuel oil compared to any U.S. naval facility worldwide.
Let me end this post by asking you readers: What is your reaction to this recent development? Do you think the port of Subic Bay will become even more important to the nation’s energy security as more shipments of oil come in?
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
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A Public Service Announcement. #publicservice #publicserviceannouncement #citizensunited #overturncitizensunited #endcitizensunited #corruption #corruptmoney #corruptpolitics #republicansareevil #democratsareincompetent #reTHUGlicans #demoPRATS #evilpoliticalsystem #changethesystem #getdirtymoneyoutofpolitics #thesystemisbroken #vote #votenow
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Almost 4,000 Las Piñas City Senior Citizens Receive Pension
Recently in Las Piñas City, almost four thousand senior citizens from nine different barangays received their social pension of P3,000 each for the first quarter this year, according to a Manila Bulletin news report.
To put things in perspective, posted below is an excerpt from the Manila Bulletin news report. Some parts in boldface…
The Las Piñas City government released cash aid to 3,900 senior citizens across nine barangays as part of the first-quarter social pension program for 2026.
Las Piñas City Mayor April Aguilar said the payout, led by the Department of Social Welfare and Development (DSWD), was conducted at the Aguilar Sports Complex to ensure an orderly and efficient distribution.
A total of 1,700 beneficiaries from Barangays Talon Uno, Talon Singko, Talon Tres, and Pilar received P3,000 each during the initial payout.
Another 2,200 senior citizens from Barangays Ilaya, Pamplona Uno, Manuyo Dos, Daniel Fajardo, and Elias Aldana got their cash assistance on April 20.
Aguilar said the distribution was “smooth, organized, and fast,” allowing elderly beneficiaries to conveniently receive their allowance without long delays.
Let me end this piece by asking you readers: If you are a resident of Las Piñas City, what is your reaction to this development? Did many senior citizens of your local community receive their respective social pension funds lately?
You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.
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Thank you for reading. If you find this article engaging, please click the like button below, share this article to others and also please consider making a donation to support my publishing. If you are looking for a copywriter to create content for your special project or business, check out my services and my portfolio. Feel free to contact me with a private message. Also please feel free to visit my Facebook page Author Carlo Carrasco and follow me on Twitter at @CarloCarrascoPH as well as on Tumblr at https://carlocarrasco.tumblr.com/ and on Instagram at https://www.instagram.com/authorcarlocarrasco
For more South Metro Manila community news and developments, come back here soon. Also say NO to fake news, NO to irresponsible journalism, NO to misinformation, NO to plagiarists, NO to reckless publishers and NO to sinister propaganda when it comes to news and developments. For South Metro Manila community developments, member engagement, commerce and other relevant updates, join the growing South Metro Manila Facebook group at https://www.facebook.com/groups/342183059992673
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Panel By DHSUD To Check Concerns Of Homeowners’ Association In Las Piñas City
In response to the concerns of members of a particular homeowners’ association (HOA) in Las Piñas City, the Department of Human Settlements and Urban Development (DHSUD) announced the creation of a panel to preside over the community’s election of new officers, according to a news report by The Manila Times.
To put things in perspective, posted below is an excerpt from The Manila Times news report. Some parts in boldface…
The Department of Human Settlements and Urban Development (DHSUD) on Monday said that it would create an interim poll body in connection with the election of new officers of a village homeowners’ association in Las Piñas City.
A ranking official of the agency told The Manila Times the DHSUD’s National Capital Region (NCR) office has been assigned to look into the concerns of the members of the Woodridge Homeowners Association Inc. (WHAI) in Barangay Pulang Lupa.
The official said the NCR office will issue an order on Monday for the appointment of an interim committee that will preside over the election.
Earlier last week, WHAI members warned that chaos could mar the homeowners’ association election-related proceedings at the Woodridge Subdivision unless the DHSUD stepped in.
The WHAI members have called on the department to intervene to stop alleged irregularities by members of an interim electoral body who were recently appointed by the agency itself.
Former WHAI president Joselito Chua said the intervention of the DHSUD would prevent irregularities in the election of board members of the village. Chua’s group claimed that the interim board failed to comply with the 30-day requirement for the organization of an election committee (Elecom) as required under Section 8(b) of DHSUD Memorandum Circular 2025-003.
“Notwithstanding such lapse, the remaining members of the interim board proceeded with the conduct of a general assembly and election-related activities on April 12, 2026,” the group said. Chua said they filed a formal notice of non-compliance and request for clarification, but “the interim board proceeded with the activity, the election of Elecom members.”
Let me end this piece by asking you readers: If you are a resident of Las Piñas City, what is your reaction to this development? Have there been any election irregularities in your homeowners’ association recently?
You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.
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Thank you for reading. If you find this article engaging, please click the like button below, share this article to others and also please consider making a donation to support my publishing. If you are looking for a copywriter to create content for your special project or business, check out my services and my portfolio. Feel free to contact me with a private message. Also please feel free to visit my Facebook page Author Carlo Carrasco and follow me on Twitter at @CarloCarrascoPH as well as on Tumblr at https://carlocarrasco.tumblr.com/ and on Instagram at https://www.instagram.com/authorcarlocarrasco
For more South Metro Manila community news and developments, come back here soon. Also say NO to fake news, NO to irresponsible journalism, NO to misinformation, NO to plagiarists, NO to reckless publishers and NO to sinister propaganda when it comes to news and developments. For South Metro Manila community developments, member engagement, commerce and other relevant updates, join the growing South Metro Manila Facebook group at https://www.facebook.com/groups/342183059992673
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So of course the NZ Privacy Commissioner will be pushing for third-party service providers to be subject to the OIA for every aspect of public service work they handle, just like the agencies commissioning them, right? Riiiight?
(2/2)
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South Korean Fugitive Arrested In Las Piñas City
The Bureau of Immigration (BI) announced that it apprehended a South Korean fugitive in Las Piñas City for illegal online gambling operations
To put things in perspective, posted below is an excerpt from the BI’s official announcement. Some parts in boldface…
In line with the directive of President Ferdinand Romualdez Marcos Jr. to intensify the crackdown on foreign fugitives and transnational crimes, the Bureau of Immigration (BI) reported the arrest of a South Korean national wanted by international authorities for operating illegal online gambling operations.
BI Fugitive Search Unit (FSU) agents, in coordination with the Korean National Police Agency and the Philippine National Police–Integrity Monitoring and Enforcement Group, arrested Lee Jonghak, 37, on Tuesday morning , April 14, at a residence in a subdivision in Pamplona Dos, Las Piñas City.
Lee is the subject of an Interpol Red Notice issued in 2025, stemming from an arrest warrant released by the Incheon District Court on the same year for violations of South Korea’s National Sports Promotion Act related to illegal online gambling operations.
Investigations by Korean law enforcement revealed that from August 2021 until recently, Lee and his accomplices operated at least 23 illegal online gambling websites from different locations.
The group reportedly managed sports betting and casino-style games, recruited members, and facilitated financial transactions, generating over KRW 5.33 billion in profits. Authorities estimate the syndicate’s total earnings to have exceeded KRW 350 billion.
Lee reportedly served as an assistant manager overseeing multiple operational teams composed of around 300 employees. The exact amount he personally received remains under investigation.
Records from the BI showed that Lee last arrived in the Philippines in 2024 and was admitted under a probationary permanent resident visa. He was later included in the Bureau’s blacklist and watchlist as an undesirable alien and fugitive from justice.
Let me end this post by asking you readers: What is your reaction to this recent development? Are you thankful to the Bureau of Immigration for arresting the fugitive?
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
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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Temporary Reduced Fees And Support For Port Clients Confirmed By SBMA
In response to the spiked fuel prices and other economic uncertainties, the Subic Bay Metropolitan Authority (SBMA) announced that it will temporarily offer reduced fees and provide financial support to its port clients.
To put things in perspective, posted below is an excerpt from official announcement by the SBMA. Some parts in boldface…
The Subic Bay Metropolitan Authority (SBMA) has temporarily taken measures to provide port clients with the much-needed financial support, amid the ongoing rise in fuel costs in the global market.
SBMA Chairman and Administrator Eduardo Jose L. Aliño explained that this is in line with President Ferdinand R. Marcos Jr.’s Executive Order No. 110, which immediately placed the entire country in a state of national energy emergency due to geopolitical tensions in the Middle East.
Aliño added that such temporary measures aim to provide aid to industries affected by the Middle East crisis by ensuring that cost-stabilizing strategies for the transport and food sectors are implemented without delay.
“These initiatives, including reduced fees and extended free storage, provide a fiscal cushion to reinforce investor confidence and prevent supply chain bottlenecks,” said Aliño.
He also cited that key industry participants namely, importers, suppliers, consignees, vessel owners, and consumers, will experience the impact of these measures through their respective counterparts – terminal operators, cargo handlers, brokers, consolidators, processors, ship agents, and shipping lines, resulting in a cascading effect throughout the supply chain.
As part of this initiative, the SBMA will implement a five percent tariff reduction on all commercial vessels, including harbor fees, berthing fees/ anchorage fees, and harbor cleaning fees, as well as a five percent tariff reduction on cargo charges including wharfage fees, and storage fees.
“We will also implement a five percent tariff reduction on SBMA shares such as pilotage fee, hauling services, tugboat services, heavy equipment rental, line handling services, chandling services, water tendering, cargo handling for containerized cargo, and bunkering services,” he added.
Additionally, the SBMA is also offering free storage for non-containerized cargo, and free storage period for an additional 2-day extension.To further aid port clients, the SBMA will temporarily suspend the collection of shares from terminal operators/cargo handlers for liquid bulk cargo handling and related activities; the implementation of the one percent admission fee for liquid bulk; and the implementation of the ten percent increase on cargo handling and miscellaneous charges of non-containerized/ general cargoes.
Chairman Aliño assured port stakeholders that these measures shall take effect immediately upon its approval and ratification by the SBMA Board of Directors, adding that these will remain in force until geopolitical tensions subside, at which point they shall be lifted via a formal issuance following Board approval.
Let me end this post by asking you readers: What is your reaction to this recent development? Do you think this new move by the SBMA will be sufficient enough for the port clients and keep economic activity in the freeport growing? Do you think the SBMA will have to further intensify its tourism activities to attract more high-spending tourists to bounce back from a potential economic downturn?
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
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Slower Economic Growth And Higher Inflation For The Philippines
With the higher fuel prices, a limited oil storage capacity, a very vulnerable currency and other economic uncertainties happening around, the Philippines is headed towards higher inflation and slower gross domestic product (GDP) growth in the near future based on the latest analysis of Moody’s Ratings, according to a news report by BusinessWorld.
To put things in perspective, posted below is an excerpt from the BusinessWorld news report. Some parts in boldface…
MOODY’S RATINGS lowered its growth forecast for the Philippines and raised its inflation outlook, reflecting the impact of soaring global energy prices amid the Middle East conflict.
In a credit opinion on Tuesday, Moody’s cut its Philippine gross domestic product (GDP) growth projection to 4.9% this year from 5.5% previously. This is below the government’s 5-6% target for 2026.
For 2027, Moody’s trimmed its GDP growth forecast to 5.3% from 5.6% previously. If realized, this will be lower than the economic managers’ 5.5-6.5% target range for 2027.
“The conflict in the Middle East has increased downside risks to the Philippines’ economic outlook by raising global energy prices and external cost pressures,” it said.
Moody’s said it expects domestic demand and industrial activity to remain subdued due to high oil prices and fuel shortages.
“Higher energy and broader import costs are expected to erode real incomes amid high pass-through, dampen consumption, and weigh on industrial activity, reinforcing a firmer inflation trajectory,” it said.
Moody’s also noted that trade uncertainty and climate risks may also dampen economic activity.
“Our baseline assumes that the recovery in public investment will be gradual and begin only in the second half of 2026, as the government continues to take concrete measures to address the temporary slowdown. Meanwhile, higher energy import bills amid rising prices and peso depreciation, together with slower remittance growth, are expected to widen the current account deficit,” it said.
The Philippines is currently under a year-long national energy emergency as the Middle East crisis threatened its fuel supply. The government rolled out targeted subsidies and implemented energy conservation protocols.
“Together, these measures should mitigate the risk of significant supply disruptions,” Moody’s Ratings said.
Moody’s also hiked its average inflation forecasts to 3.7% in 2026 from 3% previously, and to 3.5% in 2027 from 3.2% previously, as oil prices remain elevated due to the Middle East conflict.
Moody’s forecasts are below the Bangko Sentral ng Pilipinas’ (BSP) 5.1% inflation projection this year and the 3.8% projection for 2027.
Inflation quickened to a nearly two-year high of 4.1% in March, breaching the BSP’s 2-4% target amid rising fuel and transportation costs.
“Inflation is expected to remain above the BSP’s target range, reducing policy flexibility and increasing the risk of policy tightening, even as softening growth and a negative output gap support a broadly accommodative stance in the near term,” Moody’s said.
Let me end this post by asking you readers: What is your reaction to this recent development? What do you think the government of the Philippines should do to stimulate economic growth and attract more foreign investors?
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
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