#publicservice — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #publicservice, aggregated by home.social.
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@EdwinG There goes the organizational memory/history.
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@EdwinG There goes the organizational memory/history.
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What To Watch On YouTube Right Now – Part 148
Welcome back my readers, YouTube viewers and all others who followed this series of articles focused on YouTube videos worth watching.
Have you been searching for something fun or interesting to watch on YouTube? Do you feel bored right now and you crave for something to see on the world’s most popular online video destination?
I recommend you check out the following videos I found.
#1 Heaven’s Gate Revisited – What is there to be said about the 1980 historical epic Heaven’s Gate apart from the facts that it failed spectacularly and brought down United Artists a lot? To its credit, it has a grand look that required a massive amount of money to be spent and the sheer depth of authenticity implemented under the direction of Michael Cimino (The Deer Hunter) is eye-catching. The film also had fine performances by Kris Kristofferson, Jeff Bridges, Christopher Walken and Isabelle Huppert. Historically, the massive failure of the movie impacted Hollywood as a whole and movie studios rarely grant the final cut privilege to movie directors. That said, there is a lot more to learn about Heaven’s Gate and I encourage you all to watch the video below.
https://youtu.be/bISZ2cGv1hc?si=xKPWXCzpnAP13JwQ
#2 Moments That Destroyed Political Careers – Imagine yourself working so hard to get elected into public office in America followed by efforts to solidify the trust of voters who helped you win. With huge expectations, there obviously is pressure on you (the elected official) to serve them and fulfill your promises. Then one day, you committed a blunder or a very embarrassing moment that eventually leads you into a painful downfall. In America, there are Democrats and Republics who saw their political careers get destroyed because of the moments gone wrong. Watch and learn from the video below.
https://youtu.be/c9tIaa-GgaA?si=B2JbzjybRQkyggIA
#3 History Of Sega And Its Impact On Video Gaming – Remember long ago when Sega was a highly prolific and innovative maker of games for arcades and consoles? Remember seeing consoles and add-ons with Sega branded on them? Decades ago, Sega was a gaming titan and it was a powerful competitor with Nintendo during the so-called 16-bit wars of the 1990s. Today, Sega is still operating but it is a shadow of what it used to be. To find out what happened, watch the very informative video game documentary below. It also has interviews with Tom Kalinske and other important video game personalities.
https://youtu.be/-qkmvMS3GoU?si=FqOZzc2Ph3I84vP8
#4 Totally Whatever Reacts To Deep Impact – Back in 1998, I encountered some people who claimed to have cried while watching Deep Impact inside the movie theaters. When I saw it in the cinema, I saw a few other moviegoers near me having tears flowing from their eyes. Indeed, Deep Impact was made to move viewers emotionally with its themes of family, strained ties, and the struggle to remain intact before a massive tragedy happens. That said, you must see how the movie impacts the YouTubers in the video below.
https://youtu.be/fPNI6pX9-lo?si=rBkQOP8j4zyHqtYO
#5 Tuna In Japan – Whenever I visited Japan, I always made the effort to enjoy a meal with tuna on it. I enjoy eating sashimi (specifically raw tuna), sushi and cooked meals that have tuna in different forms in them. If you love eating tuna and if you plan to visit Japan soon, watch the video below. Learn the details.
https://youtu.be/UbIp1h7MJAI?si=ZEv9VkHx6BfYZ0JQ
#6 Child’s Play 3 Reaction/Review Videos – Believe it or not, the 1991 movie Child’s Play 3 was released less than a year after Child’s Play 2. The movie followed the character Andy Barclay again, only this time he was portrayed as a troubled teenager who enters a military school. Unsurprisingly, the evil Chucky was revived and pursued Andy once more. Having seen Child’s Play and Child’s Play 3 on home video just months apart from each other, the viewing experience was unique given each film’s differences in terms of casts and settings. When Child’s Play 3 came to an end, there was this feeling among many moviegoers that the film series concluded solidly. To see what kind of reactions the 1991 movie attracted from YouTubers, watch the videos below.
https://youtu.be/4G7AQkZFNUc?si=n5duzcTyVWFu-_Ez
https://youtu.be/9bcQsG8w1RU?si=S9B6MiAanaL8MGI-
https://youtu.be/MwXAvTW_nvU?si=DwJgdPPTtkm_ICjd
https://youtu.be/HAV9CXIsgdA?si=ZOpla_r4yKiexJyC
#7 The Legend Of The Lone Ranger’s Failure Explained – As a young boy, I saw The Legend of the Lone Ranger on home video and enjoyed it. Back then, I was completely unaware about the controversy regarding past Lone Ranger actor Clayton Moore who was legally barred from appearing in public wearing the trademark black mask. That controversy alone hounded the movie and was arguably the single biggest factor behind its failure. By the way, the film’s star Klinton Spilsbury was dubbed over as the Long Ranger and he never acted again. To learn more, watch the video below.
https://youtu.be/oNvIUmdOWJI?si=3LX5J7PcrOMv9hoV
#8 Minty Comedic Arts Examines Tales From The Crypt – When you hear the title Tales From The Crypt, do you think about the about the horror anthology TV series or the original comic book series published by EC Comics in the 1950s? I myself read several reprints of EC Comics – including Tales From The Crypt – and saw some episodes of the TV series. That said, both the TV series and the comic books delivered a very unique kind of entertainment that is sadly missing today. In his video, Minty Comedic Arts revealed a lot of interesting details about the TV series as well as EC Comics. I encourage you to watch his video now.
https://youtu.be/kvWkBcHeUUg?si=6rlEitFCclA819wM
#9 The Unification Church Exposed – When former Japanese Prime Minister Shinzo Abe was assassinated in 2022, the killer Tetsuya Yamagami committed the act not because of politics but because of the perceived connections the politician had with the controversial Unification Church which he blames for financial ruining his family and his own life. The killer’s own mother was a member of the Unification Church and because she donated so much money to it, her own family ended up lacking money for survival, education and other needs. The murder investigation eventually unraveled decades of allegations about financial exploitation, shattered families and the immense influence the said church had on its members from Japan to South Korea and the United States. There are a lot of very intriguing details in Dark Asia with Megan’s video below and I encourage you all to watch it.
https://youtu.be/2VZeTfH6smc?si=MkadkuW0hFZ8Da7W
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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
#1980s #1990s #America #AmericanPatriotism #amusement #anime #arcade #AshleighBurton #Asia #assassins #basketOfDeplorables #California #CarloCarrasco #ChatGPT #ChildSPlay #ChildSPlay2 #ChildSPlay3 #ChristopherWalken #cinema #CinemaSnob #ClaytonMoore #Clinton #comic #comicBooks #comics #comicsBlog #Commiefornia #cowboys #cult #DarkAsiaWithMegan #DeepImpact #Democrats #deplorables #DonaldTrump #ECComics #entertainment #entertainmentBlog #EOMReacts #Facebook #Famicom #FamilyComputerFamicom #FamilyFederationForWorldPeaceAndUnification #film #finance #fish #fishing #food #foodTourism #foodie #foreignTourists #fun #gay #geek #Google #GoogleSearch #governance #guns #HeavenSGate #HillaryClinton #historicalEpic #history #holiday #homosexual #homosexuality #homosexualityIsASin #horror #illegalAliens #illegalImmigrants #illegalImmigration #immigrants #immigration #Inclusion #Indians #Instagram #IsabelleHuppert #Japan #JeffBridges #JohnHughes #JohnsonCountyWar #KatieHill #killers #KlintonSpilsbury #Koreans #KrisKristofferson #lesbian #LGBT #LGBTQ #LGBTQIA #LoneRanger #MAGAMark #meals #MichaelCimino #migrants #MintyComedicArts #MittRomney #money #Moonies #movies #murder #murderers #mustSee #mustWatch #NES #Nintendo #NintendoEntertainmentSystemNES #Nippon #NipponTV #nostalgia #OldWest #onlineVideos #patriotism #politics #PresidentTrump #publicService #religion #Republicans #Reviews #sciFi #scienceFiction #Sega #SegaDreamcast #SegaGenesis #SegaMasterSystem #SegaSaturn #ShinzoAbe #slasherHorror #SNES #socialMedia #SonicTheHedgehog #SouthKorea #SuperNES #SuperNintendoEntertainmentSystemSNES #superhero #TalesFromTheCrypt #TetsuyaMagami #The1980s #The1990s #TheDeerHunter #TheLegendOfTheLoneRanger #TomKalinski #tourism #tourismBlog #tourists #transgender #travel #travelBlog #Trump #Tumblr #tuna #Twitter #UnificationChurch #UnitedStates #UnitedStatesOfAmericaUSA #USA #vacation #video #videoBlog #videoGames #videos #wealth #Western #WhatToWatchOnYouTube #WordPress #WordPressCom #YouMeAndTheMovies #YouTube #YouTuber #YouTubers -
Philippines Electricity The Most Expensive In ASEAN
Due to the low supply of electricity and the high demand recorded this past June, the Philippines had the most expensive electricity rates among member nations of the Association of Southeast Asian Nations (ASEAN), according to a news report by GMA News.
Be reminded that the Philippines is experiencing weak economic growth, high inflation, and has been weak when it comes to attracting foreign direct investment. Could imagine how foreign investors would react to the expensive electricity here in the Philippines?
To put things in perspective, posted below is an excerpt from the GMA News report. Some parts in boldface…
The Philippines had the most expensive electricity rates among the Association of Southeast Asian Nations (ASEAN) in June due to low supply and high demand recorded during the month, the Department of Energy (DOE) reported Monday.
According to DOE Undersecretary Rowena Cristina Guevara, the country reported an average rate of P12.43 per kilowatt-hour (kWh) in June, surpassing that of Singapore by P0.093 per kilowatt-hour.
“Sa Visayas, siya talaga ‘yung pinakamahal dahil talagang may kakulangan tayo sa supply doon. Meron tayong 21 plants na naka-forced outage and therefore, dependent siya talaga sa Luzon at sa Mindanao for imported power,” she said in a virtual briefing.
(Visayas was really the most expensive because there was really a lack of supply there. There are 21 plants on forced outage, and therefore, it is really dependent on imported power from Luzon and Mindanao.)
“Alam niyo naman, naka-yellow alert sila palagi (As you know, they have been on yellow alert regularly) since May 13, and that is the one that is driving the price high for Visayas,” she added.
The Visayas grid has been on yellow alert — indicating that the operating margin is insufficient to meet the transmission grid’s contingency requirement — for several days in June, due to the continued forced outage of major coal plants in the region.
Among the outages recorded were Therma Visayas Inc. (TVI) units 1 and 2 and Panay Energy Development Corp. (PEDC).
“For the rest… Meron kasi din tayong mga matataas na demand during the summer months, and therefore we have to operate the more expensive power plants. Imbes na mag-blackout, paandarin na lang ‘yung mga medyo mahal na plant,” Guevara said.
(For the rest… Demand was also high during the summer months, and therefore, we have to operate the more expensive power plants. Instead of blackouts, we ran more expensive plants.)
Let me end this post by asking you readers: What is your reaction to this recent development? What do you think must be done to ensure abundant electricity for the Filipinos? Are you convinced now is the time for the government of the Philippines to go all-in on nuclear power? How much was your electric bill this past June?
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 #DepartmentOfEnergyDOE #economicConfidence #economicDynamism #economicGrowth #economics #economy #EconomyOfThePhilippines #electricity #energy #Facebook #finance #GDPGrowth #geek #GMANetwork #GMANews #Google #GoogleSearch #governance #grossDomesticProductGDP #Instagram #Investagrams #Marcos #money #news #nuclear #nuclearEnergy #nuclearPower #Philippines #PhilippinesBlog #Pinoy #power #PresidentMarcos #publicService #Singapore #socialMedia #SoutheastAsia #technology #Twitter #WordPress #WordPressCom -
Philippines Electricity The Most Expensive In ASEAN
Due to the low supply of electricity and the high demand recorded this past June, the Philippines had the most expensive electricity rates among member nations of the Association of Southeast Asian Nations (ASEAN), according to a news report by GMA News.
Be reminded that the Philippines is experiencing weak economic growth, high inflation, and has been weak when it comes to attracting foreign direct investment. Could imagine how foreign investors would react to the expensive electricity here in the Philippines?
To put things in perspective, posted below is an excerpt from the GMA News report. Some parts in boldface…
The Philippines had the most expensive electricity rates among the Association of Southeast Asian Nations (ASEAN) in June due to low supply and high demand recorded during the month, the Department of Energy (DOE) reported Monday.
According to DOE Undersecretary Rowena Cristina Guevara, the country reported an average rate of P12.43 per kilowatt-hour (kWh) in June, surpassing that of Singapore by P0.093 per kilowatt-hour.
“Sa Visayas, siya talaga ‘yung pinakamahal dahil talagang may kakulangan tayo sa supply doon. Meron tayong 21 plants na naka-forced outage and therefore, dependent siya talaga sa Luzon at sa Mindanao for imported power,” she said in a virtual briefing.
(Visayas was really the most expensive because there was really a lack of supply there. There are 21 plants on forced outage, and therefore, it is really dependent on imported power from Luzon and Mindanao.)
“Alam niyo naman, naka-yellow alert sila palagi (As you know, they have been on yellow alert regularly) since May 13, and that is the one that is driving the price high for Visayas,” she added.
The Visayas grid has been on yellow alert — indicating that the operating margin is insufficient to meet the transmission grid’s contingency requirement — for several days in June, due to the continued forced outage of major coal plants in the region.
Among the outages recorded were Therma Visayas Inc. (TVI) units 1 and 2 and Panay Energy Development Corp. (PEDC).
“For the rest… Meron kasi din tayong mga matataas na demand during the summer months, and therefore we have to operate the more expensive power plants. Imbes na mag-blackout, paandarin na lang ‘yung mga medyo mahal na plant,” Guevara said.
(For the rest… Demand was also high during the summer months, and therefore, we have to operate the more expensive power plants. Instead of blackouts, we ran more expensive plants.)
Let me end this post by asking you readers: What is your reaction to this recent development? What do you think must be done to ensure abundant electricity for the Filipinos? Are you convinced now is the time for the government of the Philippines to go all-in on nuclear power? How much was your electric bill this past June?
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 #DepartmentOfEnergyDOE #economicConfidence #economicDynamism #economicGrowth #economics #economy #EconomyOfThePhilippines #electricity #energy #Facebook #finance #GDPGrowth #geek #GMANetwork #GMANews #Google #GoogleSearch #governance #grossDomesticProductGDP #Instagram #Investagrams #Marcos #money #news #nuclear #nuclearEnergy #nuclearPower #Philippines #PhilippinesBlog #Pinoy #power #PresidentMarcos #publicService #Singapore #socialMedia #SoutheastAsia #technology #Twitter #WordPress #WordPressCom -
America Tags Philippines With 12.5% Tariff Over Forced Labor Concerns
The Philippines, which is already experiencing slower economic growth, higher inflation and having trouble attracting foreign investment, saw its exports to the United States subject to a higher 12.5% tariff as the Trump administration is convinced that the country failed to prevent the entry of goods produced with forced labor, according to a news report by the Manila Bulletin.
To put things in perspective, posted below is an excerpt from the Manila Bulletin news report. Some parts in boldface…
The country’s exports to the United States (US) are now subject to a higher 12.5-percent tariff after the Trump administration determined that the Philippines has failed to prevent the entry of goods produced with forced labor.
In a notice on Friday morning, July 24 (Philippine time), the Office of the US Trade Representative (USTR) said it is imposing a 12.5-percent tariff on the Philippines, in accordance with the directive of US President Donald Trump.
The USTR earlier included the Philippines in its investigation into the US’ top 60 trading partners as it sought to crack down on imports made with forced labor that were found to be harmful to American commerce.
In a report on the probe’s findings, the USTR said the Philippines “has failed to impose and effectively enforce a forced labor import prohibition.”
Apart from the Philippines, 40 other economies are subject to the 12.5-percent tariff.
“The US has had a forced labor import ban for nearly a century, and rigorously enforces it. It’s well past time for our trading partners to do the same,” said USTR Ambassador Jamieson Greer.
“Today’s action will begin to correct what is both a human rights abuse and distortive trade practice to improve the welfare of workers everywhere,” he added.
The USTR said it would exempt certain products from the tariff, including goods that cannot be produced in sufficient quantities or at reasonable prices in the US, and products that could cause economy-wide disruptions if they were subjected to the tariffs.
Philippine goods exempt from the 12.5-percent tariff include most of the country’s major exports to the US, including semiconductors, its top export commodity. Also exempted are agricultural commodities such as coconuts, pineapples, and bananas, as well as raw minerals such as nickel ores and concentrates.
The US remains the Philippines’ largest export market, accounting for $13.46 billion, or 15.9 percent, of the country’s total exports in 2025.
Let me end this post by asking you readers: What is your reaction to this recent development? Do you think the Philippines has been negligent on monitoring the entry of goods produced with forced labor? Does this new economic development dampen your trust in the government of 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 #ASEAN #Asia #AssociationOfSoutheastAsianNationsASEAN #Bing #BongbongMarcos #business #businessNews #CarloCarrasco #cash #ChatGPT #DonaldJTrump #DonaldTrump #economics #economy #EconomyOfThePhilippines #export #Facebook #finance #forcedLabor #geek #Google #GoogleSearch #governance #humanRights #import #Instagram #Investagrams #labor #ManilaBulletin #Marcos #money #multiculturalism #news #Philippines #PhilippinesBlog #Pinoy #PresidentMarcos #PresidentTrump #publicService #socialMedia #SoutheastAsia #technology #trade #Trump #TrumpTariffs #Twitter #UnitedStates #UnitedStatesOfAmerica #UnitedStatesOfAmericaUSA #USA #WordPress #WordPressCom -
America Tags Philippines With 12.5% Tariff Over Forced Labor Concerns
The Philippines, which is already experiencing slower economic growth, higher inflation and having trouble attracting foreign investment, saw its exports to the United States subject to a higher 12.5% tariff as the Trump administration is convinced that the country failed to prevent the entry of goods produced with forced labor, according to a news report by the Manila Bulletin.
To put things in perspective, posted below is an excerpt from the Manila Bulletin news report. Some parts in boldface…
The country’s exports to the United States (US) are now subject to a higher 12.5-percent tariff after the Trump administration determined that the Philippines has failed to prevent the entry of goods produced with forced labor.
In a notice on Friday morning, July 24 (Philippine time), the Office of the US Trade Representative (USTR) said it is imposing a 12.5-percent tariff on the Philippines, in accordance with the directive of US President Donald Trump.
The USTR earlier included the Philippines in its investigation into the US’ top 60 trading partners as it sought to crack down on imports made with forced labor that were found to be harmful to American commerce.
In a report on the probe’s findings, the USTR said the Philippines “has failed to impose and effectively enforce a forced labor import prohibition.”
Apart from the Philippines, 40 other economies are subject to the 12.5-percent tariff.
“The US has had a forced labor import ban for nearly a century, and rigorously enforces it. It’s well past time for our trading partners to do the same,” said USTR Ambassador Jamieson Greer.
“Today’s action will begin to correct what is both a human rights abuse and distortive trade practice to improve the welfare of workers everywhere,” he added.
The USTR said it would exempt certain products from the tariff, including goods that cannot be produced in sufficient quantities or at reasonable prices in the US, and products that could cause economy-wide disruptions if they were subjected to the tariffs.
Philippine goods exempt from the 12.5-percent tariff include most of the country’s major exports to the US, including semiconductors, its top export commodity. Also exempted are agricultural commodities such as coconuts, pineapples, and bananas, as well as raw minerals such as nickel ores and concentrates.
The US remains the Philippines’ largest export market, accounting for $13.46 billion, or 15.9 percent, of the country’s total exports in 2025.
Let me end this post by asking you readers: What is your reaction to this recent development? Do you think the Philippines has been negligent on monitoring the entry of goods produced with forced labor? Does this new economic development dampen your trust in the government of 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 #ASEAN #Asia #AssociationOfSoutheastAsianNationsASEAN #Bing #BongbongMarcos #business #businessNews #CarloCarrasco #cash #ChatGPT #DonaldJTrump #DonaldTrump #economics #economy #EconomyOfThePhilippines #export #Facebook #finance #forcedLabor #geek #Google #GoogleSearch #governance #humanRights #import #Instagram #Investagrams #labor #ManilaBulletin #Marcos #money #multiculturalism #news #Philippines #PhilippinesBlog #Pinoy #PresidentMarcos #PresidentTrump #publicService #socialMedia #SoutheastAsia #technology #trade #Trump #TrumpTariffs #Twitter #UnitedStates #UnitedStatesOfAmerica #UnitedStatesOfAmericaUSA #USA #WordPress #WordPressCom -
Palestinian Arrested In Quezon City For Stealing Money Bag
For some time now, I have been monitoring the criminal acts committed by people who are present in different countries as foreigners. Here in the Philippines, a Palestinian man was arrested in Quezon City for stealing a bag containing a lot of cash from the café of a hotel, according to a news report by the Manila Bulletin.
As it turns out, the Palestinian already has a history of committing other forms of crime. Could it be possible that, apart from violence and terrorism, theft and an obsession of committing crime are parts of the Palestinian nature?
To put things in perspective, posted below is an excerpt from the Manila Bulletin news report. Some parts in boldface…
A 36-year-old Palestinian man was arrested after allegedly taking a money bag containing P5,020 and an empty cash box from a hotel café on Timog Avenue in Barangay South Triangle, Quezon City, at around 11:06 p.m. on Thursday, July 23.
The suspect, identified as “Ham,” was intercepted by hotel security personnel at the establishment’s exit after the incident was detected through the hotel’s CCTV monitoring system.
Initial investigation showed that the suspect entered the café and allegedly took the money bag and empty cash box without the knowledge or consent of the 24-year-old male cashier.
Recovered from the suspect were P5,020 in various peso bills and coins, the cash bag, the empty cash box, and a backpack.
Personnel of Kamuning Police Station (PS 10) later responded and took custody of the suspect from the hotel security personnel.
Further verification showed that the suspect had previous criminal records for estafa, unjust vexation, resistance and disobedience to a person in authority, use of a fictitious name, and concealing his true name in October 2025, as well as theft in May 2026.
Let me end this post by asking you readers: What is your reaction to this recent development? Are there a lot of Palestinians living in your local community right now? Are you aware of the fact that a lot of Palestinians follow Islamic terrorists as their leaders? How many Palestinians do you think are present all over the Philippines today? Did you notice an increase of the number of foreign Islamists in your local community over the past twelve months? Do you think the national government is secretly allowing Palestinians to enter the Philippines as high-priority refugees with immigration in mind?
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
#Arab #Arabic #Arabs #ASEAN #Asia #AssociationOfSoutheastAsianNationsASEAN #BillClinton #Bing #business #businessNews #CarloCarrasco #cash #ChatGPT #Clinton #Communist #crime #crimeNews #crimeWatch #criminals #Democrats #DepartmentOfForeignAffairsDFA #DFA #disobedience #estafa #ethnicity #Facebook #FascistPalestine #finance #financialCrime #foreignAffairs #foreignCriminals #fraud #fraudsters #geek #Google #GoogleSearch #governance #holiday #hotel #hotels #identityTheft #illegalAliens #illegalImmigrants #illegalImmigrantsAreCriminals #illegalImmigration #immigrants #immigration #immigrationCrisis #Instagram #internationalist #Investagrams #Islam #Islamic #IslamicTerrorism #IslamicTerrorists #Islamist #Islamization #IslamoLeft #LGBT #LGBTQ #LGBTQIA #liberal #ManilaBulletin #Marxist #money #multiculturalism #murder #Muslim #news #NOToIslamists #NOToPalestine #Palestine #PalestineApartheid #PalestineIsApartheid #Palestinian #PalestinianCriminal #PalestinianRefugees #PalestinianTerrorists #Palestinians #PhilippineNationalPolicePNP #Philippines #PhilippinesBlog #Pinoy #PNP #police #PoliceDepartment #policeForce #publicService #QuezonCity #RejectPalestine #scam #scammers #socialMedia #socialist #SoutheastAsia #stealing #technology #terror #terrorism #terrorist #terrorists #theft #thieves #ThirdWorld #tourism #tourismBlog #tourist #touristBlog #tourists #travel #travelBlog #Twitter #UnitedNationsReliefAndWorksAgencyForPalestineRefugeesInTheNearEastUNRWA #UNRWA #vacation #woke #WordPress #WordPressCom #YasserArafat -
Palestinian Arrested In Quezon City For Stealing Money Bag
For some time now, I have been monitoring the criminal acts committed by people who are present in different countries as foreigners. Here in the Philippines, a Palestinian man was arrested in Quezon City for stealing a bag containing a lot of cash from the café of a hotel, according to a news report by the Manila Bulletin.
As it turns out, the Palestinian already has a history of committing other forms of crime. Could it be possible that, apart from violence and terrorism, theft and an obsession of committing crime are parts of the Palestinian nature?
To put things in perspective, posted below is an excerpt from the Manila Bulletin news report. Some parts in boldface…
A 36-year-old Palestinian man was arrested after allegedly taking a money bag containing P5,020 and an empty cash box from a hotel café on Timog Avenue in Barangay South Triangle, Quezon City, at around 11:06 p.m. on Thursday, July 23.
The suspect, identified as “Ham,” was intercepted by hotel security personnel at the establishment’s exit after the incident was detected through the hotel’s CCTV monitoring system.
Initial investigation showed that the suspect entered the café and allegedly took the money bag and empty cash box without the knowledge or consent of the 24-year-old male cashier.
Recovered from the suspect were P5,020 in various peso bills and coins, the cash bag, the empty cash box, and a backpack.
Personnel of Kamuning Police Station (PS 10) later responded and took custody of the suspect from the hotel security personnel.
Further verification showed that the suspect had previous criminal records for estafa, unjust vexation, resistance and disobedience to a person in authority, use of a fictitious name, and concealing his true name in October 2025, as well as theft in May 2026.
Let me end this post by asking you readers: What is your reaction to this recent development? Are there a lot of Palestinians living in your local community right now? Are you aware of the fact that a lot of Palestinians follow Islamic terrorists as their leaders? How many Palestinians do you think are present all over the Philippines today? Did you notice an increase of the number of foreign Islamists in your local community over the past twelve months? Do you think the national government is secretly allowing Palestinians to enter the Philippines as high-priority refugees with immigration in mind?
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
#Arab #Arabic #Arabs #ASEAN #Asia #AssociationOfSoutheastAsianNationsASEAN #BillClinton #Bing #business #businessNews #CarloCarrasco #cash #ChatGPT #Clinton #Communist #crime #crimeNews #crimeWatch #criminals #Democrats #DepartmentOfForeignAffairsDFA #DFA #disobedience #estafa #ethnicity #Facebook #FascistPalestine #finance #financialCrime #foreignAffairs #foreignCriminals #fraud #fraudsters #geek #Google #GoogleSearch #governance #holiday #hotel #hotels #identityTheft #illegalAliens #illegalImmigrants #illegalImmigrantsAreCriminals #illegalImmigration #immigrants #immigration #immigrationCrisis #Instagram #internationalist #Investagrams #Islam #Islamic #IslamicTerrorism #IslamicTerrorists #Islamist #Islamization #IslamoLeft #LGBT #LGBTQ #LGBTQIA #liberal #ManilaBulletin #Marxist #money #multiculturalism #murder #Muslim #news #NOToIslamists #NOToPalestine #Palestine #PalestineApartheid #PalestineIsApartheid #Palestinian #PalestinianCriminal #PalestinianRefugees #PalestinianTerrorists #Palestinians #PhilippineNationalPolicePNP #Philippines #PhilippinesBlog #Pinoy #PNP #police #PoliceDepartment #policeForce #publicService #QuezonCity #RejectPalestine #scam #scammers #socialMedia #socialist #SoutheastAsia #stealing #technology #terror #terrorism #terrorist #terrorists #theft #thieves #ThirdWorld #tourism #tourismBlog #tourist #touristBlog #tourists #travel #travelBlog #Twitter #UnitedNationsReliefAndWorksAgencyForPalestineRefugeesInTheNearEastUNRWA #UNRWA #vacation #woke #WordPress #WordPressCom #YasserArafat -
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 -
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 -
SBMA And BCDA Agree To Use Port Of Subic Bay As Maritime Gateway For Pax Silica
The Subic Bay Metropolitan Authority (SBMA) announced that it has sealed a formal agreement with the Bases Conversion and Development Authority (BCDA) to make the Port of Subic Bay the preferred maritime gateway for Pax Silica.
Launched in late-2025, Pax Silica is a United States-led strategic coalition to secure the global supply chains for artificial intelligence and semiconductors. Pax Silica was designed to counter China’s dominance in technology manufacturing and earth minerals.
To put things in perspective, posted below is an excerpt from the SBMA’s official announcement. Some parts in boldface…
The Subic Bay Metropolitan Authority (SBMA) and the Bases Conversion and Development Authority (BCDA) have agreed to make the Port of Subic Bay the preferred maritime gateway for the Pax Silica initiative.
The partnership was confirmed in the signing of the Memorandum of Understanding (MOU) between SBMA Chairman and Administrator Eduardo Jose L. Aliño and BCDA President and CEO Joshua M. Bingcang at the Bonifacio Technology Center in BGC, Taguig City, on July 20, 2026.
“Having the Port of Subic Bay as the preferred maritime gateway for Pax Silica Operations within the Luzon Economic Corridor is a great honor for the SBMA. It is, in fact, a crowning recognition of the invaluable role the Port of Subic Bay can play, on par with the initiatives to support the National Government regarding Pax Silica,” Aliño said.
“As part of the Luzon Economic Corridor, Subic Bay’s deep-water port and shipyard facilities are designed to transport raw materials like nickel and copper quickly, and processed tech goods between the port and the AI-native Economic Security Zone, or ESZ, in New Clark City,” he added. Meanwhile, Bingcang highlighted that the Port of Subic Bay offers a strategic advantage for the Pax Silica initiative. It serves as a critical gateway that enables the efficient movement of raw materials into the country and the timely delivery of finished products to customers,” PCEO Bingcang said. It serves as a critical gateway, enabling the efficient movement of raw materials into the country and the timely delivery of finished products to customers.
He added that the partnership advances the Marcos administration’s whole-of-government approach to infrastructure development and investment promotion, while reinforcing the Luzon Economic Corridor through stronger integration of ports, industrial hubs, and emerging technology ecosystems that will generate quality jobs and long-term economic opportunities for Filipinos.
Also present during the signing ceremony were SBMA Senior Deputy Administrator for Operations Ronnie Yambao and BCDA Senior Vice President for Legal Services Atty. Diana Joyce N. Basco-Galera.
This partnership requires the SBMA to identify and evaluate specific land and port areas under its jurisdiction that can be strategically leveraged for the Pax Silica initiative. It also involves evaluating the infrastructure, utilities, logistics, and port support requirements for Pax Silica.
The partnership would also include the assessment of land use compatibility and traffic connectivity with existing and planned master development plans of both economic zones; exchange of non-confidential information relevant to infrastructure planning and operational coordination.
Both the BCDA and the SBMA would also conduct market sounding, logistics demand analysis, potential development phasing, and explore possible modes of cooperation or future project structures, subject to applicable laws and policies.
Let me end this post by asking you readers: What is your reaction to this recent development? Were you surprised the SBMA and BCDA sealed the agreement on designating the Port of Subic for Pax Silica as a maritime gateway?
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 #ASEAN #Asia #AssociationOfSoutheastAsianNationsASEAN #BasesConversionAndDevelopmentAuthorityBCDA #BCDA #Bing #BongbongMarcos #business #businessNews #CarloCarrasco #ChatGPT #China #CommunistChina #economics #economy #EconomyOfThePhilippines #EduardoJoseLAliño #Facebook #finance #foreignInvestors #foreignTourists #geek #Google #GoogleSearch #governance #holiday #infrastructure #Instagram #internationalTrade #Investagrams #investing #investment #investors #jobs #localTourists #LuzonEconomicCorridorLEC #Marcos #money #news #PaxSilica #Philippines #PhilippinesBlog #Pinoy #port #PortOfSubicBay #PresidentMarcos #publicService #SBMA #shipping #socialMedia #SoutheastAsia #SubicBay #SubicBayFreeportZone #SubicBayMetropolitanAuthoritySBMA #SubicBayPort #technology #tourism #tourismBlog #tourists #trade #trading #travel #travelBlog #Twitter #UnitedStates #UnitedStatesOfAmerica #UnitedStatesOfAmericaUSA #USA #WordPress #WordPressCom -
SBMA And BCDA Agree To Use Port Of Subic Bay As Maritime Gateway For Pax Silica
The Subic Bay Metropolitan Authority (SBMA) announced that it has sealed a formal agreement with the Bases Conversion and Development Authority (BCDA) to make the Port of Subic Bay the preferred maritime gateway for Pax Silica.
Launched in late-2025, Pax Silica is a United States-led strategic coalition to secure the global supply chains for artificial intelligence and semiconductors. Pax Silica was designed to counter China’s dominance in technology manufacturing and earth minerals.
To put things in perspective, posted below is an excerpt from the SBMA’s official announcement. Some parts in boldface…
The Subic Bay Metropolitan Authority (SBMA) and the Bases Conversion and Development Authority (BCDA) have agreed to make the Port of Subic Bay the preferred maritime gateway for the Pax Silica initiative.
The partnership was confirmed in the signing of the Memorandum of Understanding (MOU) between SBMA Chairman and Administrator Eduardo Jose L. Aliño and BCDA President and CEO Joshua M. Bingcang at the Bonifacio Technology Center in BGC, Taguig City, on July 20, 2026.
“Having the Port of Subic Bay as the preferred maritime gateway for Pax Silica Operations within the Luzon Economic Corridor is a great honor for the SBMA. It is, in fact, a crowning recognition of the invaluable role the Port of Subic Bay can play, on par with the initiatives to support the National Government regarding Pax Silica,” Aliño said.
“As part of the Luzon Economic Corridor, Subic Bay’s deep-water port and shipyard facilities are designed to transport raw materials like nickel and copper quickly, and processed tech goods between the port and the AI-native Economic Security Zone, or ESZ, in New Clark City,” he added. Meanwhile, Bingcang highlighted that the Port of Subic Bay offers a strategic advantage for the Pax Silica initiative. It serves as a critical gateway that enables the efficient movement of raw materials into the country and the timely delivery of finished products to customers,” PCEO Bingcang said. It serves as a critical gateway, enabling the efficient movement of raw materials into the country and the timely delivery of finished products to customers.
He added that the partnership advances the Marcos administration’s whole-of-government approach to infrastructure development and investment promotion, while reinforcing the Luzon Economic Corridor through stronger integration of ports, industrial hubs, and emerging technology ecosystems that will generate quality jobs and long-term economic opportunities for Filipinos.
Also present during the signing ceremony were SBMA Senior Deputy Administrator for Operations Ronnie Yambao and BCDA Senior Vice President for Legal Services Atty. Diana Joyce N. Basco-Galera.
This partnership requires the SBMA to identify and evaluate specific land and port areas under its jurisdiction that can be strategically leveraged for the Pax Silica initiative. It also involves evaluating the infrastructure, utilities, logistics, and port support requirements for Pax Silica.
The partnership would also include the assessment of land use compatibility and traffic connectivity with existing and planned master development plans of both economic zones; exchange of non-confidential information relevant to infrastructure planning and operational coordination.
Both the BCDA and the SBMA would also conduct market sounding, logistics demand analysis, potential development phasing, and explore possible modes of cooperation or future project structures, subject to applicable laws and policies.
Let me end this post by asking you readers: What is your reaction to this recent development? Were you surprised the SBMA and BCDA sealed the agreement on designating the Port of Subic for Pax Silica as a maritime gateway?
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 #ASEAN #Asia #AssociationOfSoutheastAsianNationsASEAN #BasesConversionAndDevelopmentAuthorityBCDA #BCDA #Bing #BongbongMarcos #business #businessNews #CarloCarrasco #ChatGPT #China #CommunistChina #economics #economy #EconomyOfThePhilippines #EduardoJoseLAliño #Facebook #finance #foreignInvestors #foreignTourists #geek #Google #GoogleSearch #governance #holiday #infrastructure #Instagram #internationalTrade #Investagrams #investing #investment #investors #jobs #localTourists #LuzonEconomicCorridorLEC #Marcos #money #news #PaxSilica #Philippines #PhilippinesBlog #Pinoy #port #PortOfSubicBay #PresidentMarcos #publicService #SBMA #shipping #socialMedia #SoutheastAsia #SubicBay #SubicBayFreeportZone #SubicBayMetropolitanAuthoritySBMA #SubicBayPort #technology #tourism #tourismBlog #tourists #trade #trading #travel #travelBlog #Twitter #UnitedStates #UnitedStatesOfAmerica #UnitedStatesOfAmericaUSA #USA #WordPress #WordPressCom -
This is a few years old now but this has a lot of information about Ms. Johnson's years of incredible service to our community. I have often said "We need more Joy Johnsons" https://www.cvilletomorrow.org/as-resident-led-redevelopment-begins-in-charlottesvilles-public-housing-communities-ms-joy-johnson-reflects-on-a-lifetime-in-housing-advocacy-so-far/ #PublicService #PublicHousing
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This is a few years old now but this has a lot of information about Ms. Johnson's years of incredible service to our community. I have often said "We need more Joy Johnsons" https://www.cvilletomorrow.org/as-resident-led-redevelopment-begins-in-charlottesvilles-public-housing-communities-ms-joy-johnson-reflects-on-a-lifetime-in-housing-advocacy-so-far/ #PublicService #PublicHousing
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RE: https://bonn.social/@evalhaik/116968034455321805
So many excellent reasons to take this step (including local support/development/skills jobs) but this one should be hugely motivating (imagine a public service reinvigorated by local staff who're also contributing to open source development)
'The petition argues that taxpayers are currently spending millions of dollars every year on Windows and Office licensing fees, money the organisers say flows straight out of the country to a foreign corporation with no lasting benefit to the public'
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RE: https://bonn.social/@evalhaik/116968034455321805
So many excellent reasons to take this step (including local support/development/skills jobs) but this one should be hugely motivating (imagine a public service reinvigorated by local staff who're also contributing to open source development)
'The petition argues that taxpayers are currently spending millions of dollars every year on Windows and Office licensing fees, money the organisers say flows straight out of the country to a foreign corporation with no lasting benefit to the public'
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🚨I’ve signed a letter calling for Angela Eagle and #Ofwat to reject the last-ditch deal from Thames Water's creditors. Can you sign and share it as well? 👇
#Water #PublicService #Pollution #Sewage #Corruption #CorporateWelfare #Politics #Justice #Accountabilityhttps://weownit.org.uk/act-now/sign-our-open-letter-to-angela-eagle
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🚨I’ve signed a letter calling for Angela Eagle and #Ofwat to reject the last-ditch deal from Thames Water's creditors. Can you sign and share it as well? 👇
#Water #PublicService #Pollution #Sewage #Corruption #CorporateWelfare #Politics #Justice #Accountabilityhttps://weownit.org.uk/act-now/sign-our-open-letter-to-angela-eagle
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American Delegation Sees Potential Business Opportunities In Subic Bay
A delegation from the United States recently visited the Subic Bay Freeport Zone, met with the local authorities and saw the potential business opportunities within, the Subic Bay Metropolitan Authority (SBMA) announced.
To put things in perspective, posted below is an excerpt from the SBMA’s official announcement. Some parts in boldface…
A United States delegation is eyeing more potential business opportunities here as part of a profile business mission in line with the initiatives of the Luzon Economic Corridor (LEC).
According to SBMA Chairman and Administrator Eduardo Jose L. Aliño, the delegates from the U.S. Northeast, Midwest, and West Coast regions visited on July 8, 2026 to participate in the said business mission that will strengthen partnerships, expand business opportunities, and foster a prosperous future for both U.S. and Philippine enterprises.
With the theme “Driving the Future of U.S.–Philippine Trade Through Innovation,” Aliño said that the mission reflects the SBMA’s commitment to enhancing international cooperation and economic growth within the Subic special economic zone.
The delegation, composed of 25 executives and investors, conducted comprehensive discussions, site visits, and networking activities with SBMA officials and Subic company officials, all designed to showcase the potential and advantages of investing in the SBFZ.
Subic Bay Freeport Chamber of Commerce (SBFCC) President Benjamin Antonio III, together with SBFCC Executive Director Donna May Tamayo also joined to take part in a rare opportunity to build strong, lasting business relationships that will drive economy not only in the Subic special economic zone but ultimately the country as a whole.
The Philippine Trade and Investment Center (PTIC) in New York, the facilitator of the said U.S. Business Mission to the Philippines, said that the main goal of the trip is to create stronger economic ties and encourage more US companies to invest in the country’s growing economy.
Aside from Subic Bay Freeport, the delegation also visited areas in Manila, Clark, and Corregidor Island to conduct business meetings, informational briefings, and tours of these major economic areas that are part of the LEC.
“The trip comes at a time when the Philippines is actively working to welcome international businesses and establish itself as a key partner for US companies looking to grow in Asia,” the PTIC said.
Officials from Worldwide Shipping & Logistics (WSL), who were also part of the delegation, said that these engagements strengthened economic cooperation and opened new opportunities for trade and investment between the United States and the Philippines.
Let me end this post by asking you readers: What is your reaction to this recent development? Do you think the visit of the American delegation will lead to a breakthrough of new investments and the creation of new businesses inside the Subic Bay Freeport Zone in the next few years?
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 #ASEAN #Asia #AssociationOfSoutheastAsianNationsASEAN #Bing #business #businessNews #CarloCarrasco #ChatGPT #Clark #economics #economy #EconomyOfThePhilippines #EduardoJoseLAliño #Facebook #finance #foreignInvestors #foreignTourists #geek #Google #GoogleSearch #governance #holiday #infrastructure #Instagram #internationalTrade #Investagrams #investing #investment #investors #jobs #localTourists #LuzonEconomicCorridorLEC #money #news #PhilippineTradeAndInvestmentCenterPTIC #Philippines #PhilippinesBlog #Pinoy #port #PortOfSubicBay #publicService #SBMA #socialMedia #SoutheastAsia #SubicBay #SubicBayFreeportChamberOfCommerceSBFCC #SubicBayFreeportZone #SubicBayMetropolitanAuthoritySBMA #SubicBayPort #technology #tourism #tourismBlog #tourists #trade #trading #travel #travelBlog #Twitter #UnitedStates #UnitedStatesOfAmerica #UnitedStatesOfAmericaUSA #USA #WordPress #WordPressCom -
American Delegation Sees Potential Business Opportunities In Subic Bay
A delegation from the United States recently visited the Subic Bay Freeport Zone, met with the local authorities and saw the potential business opportunities within, the Subic Bay Metropolitan Authority (SBMA) announced.
To put things in perspective, posted below is an excerpt from the SBMA’s official announcement. Some parts in boldface…
A United States delegation is eyeing more potential business opportunities here as part of a profile business mission in line with the initiatives of the Luzon Economic Corridor (LEC).
According to SBMA Chairman and Administrator Eduardo Jose L. Aliño, the delegates from the U.S. Northeast, Midwest, and West Coast regions visited on July 8, 2026 to participate in the said business mission that will strengthen partnerships, expand business opportunities, and foster a prosperous future for both U.S. and Philippine enterprises.
With the theme “Driving the Future of U.S.–Philippine Trade Through Innovation,” Aliño said that the mission reflects the SBMA’s commitment to enhancing international cooperation and economic growth within the Subic special economic zone.
The delegation, composed of 25 executives and investors, conducted comprehensive discussions, site visits, and networking activities with SBMA officials and Subic company officials, all designed to showcase the potential and advantages of investing in the SBFZ.
Subic Bay Freeport Chamber of Commerce (SBFCC) President Benjamin Antonio III, together with SBFCC Executive Director Donna May Tamayo also joined to take part in a rare opportunity to build strong, lasting business relationships that will drive economy not only in the Subic special economic zone but ultimately the country as a whole.
The Philippine Trade and Investment Center (PTIC) in New York, the facilitator of the said U.S. Business Mission to the Philippines, said that the main goal of the trip is to create stronger economic ties and encourage more US companies to invest in the country’s growing economy.
Aside from Subic Bay Freeport, the delegation also visited areas in Manila, Clark, and Corregidor Island to conduct business meetings, informational briefings, and tours of these major economic areas that are part of the LEC.
“The trip comes at a time when the Philippines is actively working to welcome international businesses and establish itself as a key partner for US companies looking to grow in Asia,” the PTIC said.
Officials from Worldwide Shipping & Logistics (WSL), who were also part of the delegation, said that these engagements strengthened economic cooperation and opened new opportunities for trade and investment between the United States and the Philippines.
Let me end this post by asking you readers: What is your reaction to this recent development? Do you think the visit of the American delegation will lead to a breakthrough of new investments and the creation of new businesses inside the Subic Bay Freeport Zone in the next few years?
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 #ASEAN #Asia #AssociationOfSoutheastAsianNationsASEAN #Bing #business #businessNews #CarloCarrasco #ChatGPT #Clark #economics #economy #EconomyOfThePhilippines #EduardoJoseLAliño #Facebook #finance #foreignInvestors #foreignTourists #geek #Google #GoogleSearch #governance #holiday #infrastructure #Instagram #internationalTrade #Investagrams #investing #investment #investors #jobs #localTourists #LuzonEconomicCorridorLEC #money #news #PhilippineTradeAndInvestmentCenterPTIC #Philippines #PhilippinesBlog #Pinoy #port #PortOfSubicBay #publicService #SBMA #socialMedia #SoutheastAsia #SubicBay #SubicBayFreeportChamberOfCommerceSBFCC #SubicBayFreeportZone #SubicBayMetropolitanAuthoritySBMA #SubicBayPort #technology #tourism #tourismBlog #tourists #trade #trading #travel #travelBlog #Twitter #UnitedStates #UnitedStatesOfAmerica #UnitedStatesOfAmericaUSA #USA #WordPress #WordPressCom -
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 -
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 -
Philippines Remains Vulnerable To Effects Of US-Iran War And Is One Of The Least Resilient In The Asia Pacific Region
When it comes to resilience to the effects of the war between the United States and the Islamic terrorist regime of Iran, the Philippines remains not only vulnerable but also one of the laggards of the Asia Pacific region as a whole, according to a news report by the Manila Bulletin.
Be reminded that the Philippines is experiencing weak economic growth, high inflation, and has been weak when it comes to attracting foreign direct investment. Already S&P Global slashed GDP growth forecast for the Philippines.
To put things in perspective, posted below is an excerpt from the Manila Bulletin news report. Some parts in boldface…
Asia-Pacific’s (APAC) relative insulation from the Middle East conflict has singled out the Philippines and Indonesia as laggards as external headwinds are exacerbated by domestic turmoil, according to Allianz Research.
Allianz Research said in its half-time outlook report published last week that despite emerging as one of the regions most exposed to the United States (US)-Iran conflict, APAC is still seen as relatively resilient, with average growth of 4.3 percent this year.
This resilience is attributed to the artificial intelligence (AI) boom, which is “doing the heavy lifting that geopolitics and fiscal policy cannot.”
“However, gains are far from evenly shared, with a group of winners emerging, including countries such as Taiwan, Singapore and South Korea, while countries such as the Philippines and Indonesia lag as domestic turmoil compounds exposure to the conflict,” Allianz said.
Apart from the technology surge, the report also pointed to Asia’s role as a global engine of commerce. “In 2026, 80 percent of global trade volume growth in goods and services is driven by Asia and the US,” the report said.
However, this dominance faces fresh challenges from shifting American trade policies. Allianz warned that the shift in US policies “is expected to negatively affect Asian countries in particular,” as the US effective tariff rate is projected to rise from eight percent to 13 percent.
According to Allianz, the region’s resilience hinges on the booming technology sector. It said the AI boom, which has been driving nearly two-thirds of Asia’s export growth, is helping “cushion” the global economy from the impact of the Middle East crisis.
This AI boom is broadening Asia’s recovery beyond traditional manufacturing, with major semiconductor firms in Taiwan and South Korea leading regional market gains.
By contrast, the Philippines and Indonesia are struggling with the lingering consequences of energy shocks.
“Despite recent developments toward normalization in the Gulf, we expect inflation to remain elevated in the near term as second-round effects from elevated fuel, energy and fertilizer prices keep weighing on the region,” Allianz said.
Let me end this post by asking you readers: What is your reaction to this recent development? What do you think the Philippines should do in order to become more resilient to the effects of the war between America and the Islamic terrorist regime of Iran? Do you think the national government has been working to improve oil storage capacity, attract more foreign investors and rely less on the Middle East for importing oil? Do you think the Philippines will reach out to the Islamic terrorist regime of Iran to make an economic deal?
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
#AllianzResearch #ArtificialIntelligenceAI #ASEAN #Asia #AsiaPacific #AssociationOfSoutheastAsianNationsASEAN #Bing #BongbongMarcos #business #businessNews #CarloCarrasco #ChatGPT #economicConfidence #economicDynamism #economicGrowth #economics #economy #EconomyOfThePhilippines #energy #Facebook #finance #foreignDirectInvestmentFDI #foreignInvestors #GDPGrowth #geek #Google #GoogleSearch #governance #grossDomesticProductGDP #Indonesia #Instagram #Investagrams #investment #investors #Iran #IranianTerrorists #IslamicTerrorism #IslamicTerroristRegimeOfIran #IslamicTerrorists #Islamist #IslamoLeft #ManilaBulletin #Marcos #MiddleEast #money #news #oil #Philippines #PhilippinesBlog #Pinoy #PresidentMarcos #publicService #socialMedia #SoutheastAsia #technology #terroristRegimeOfIran #terroristStateOfIran #Twitter #war #WordPress #WordPressCom -
Philippines Remains Vulnerable To Effects Of US-Iran War And Is One Of The Least Resilient In The Asia Pacific Region
When it comes to resilience to the effects of the war between the United States and the Islamic terrorist regime of Iran, the Philippines remains not only vulnerable but also one of the laggards of the Asia Pacific region as a whole, according to a news report by the Manila Bulletin.
Be reminded that the Philippines is experiencing weak economic growth, high inflation, and has been weak when it comes to attracting foreign direct investment. Already S&P Global slashed GDP growth forecast for the Philippines.
To put things in perspective, posted below is an excerpt from the Manila Bulletin news report. Some parts in boldface…
Asia-Pacific’s (APAC) relative insulation from the Middle East conflict has singled out the Philippines and Indonesia as laggards as external headwinds are exacerbated by domestic turmoil, according to Allianz Research.
Allianz Research said in its half-time outlook report published last week that despite emerging as one of the regions most exposed to the United States (US)-Iran conflict, APAC is still seen as relatively resilient, with average growth of 4.3 percent this year.
This resilience is attributed to the artificial intelligence (AI) boom, which is “doing the heavy lifting that geopolitics and fiscal policy cannot.”
“However, gains are far from evenly shared, with a group of winners emerging, including countries such as Taiwan, Singapore and South Korea, while countries such as the Philippines and Indonesia lag as domestic turmoil compounds exposure to the conflict,” Allianz said.
Apart from the technology surge, the report also pointed to Asia’s role as a global engine of commerce. “In 2026, 80 percent of global trade volume growth in goods and services is driven by Asia and the US,” the report said.
However, this dominance faces fresh challenges from shifting American trade policies. Allianz warned that the shift in US policies “is expected to negatively affect Asian countries in particular,” as the US effective tariff rate is projected to rise from eight percent to 13 percent.
According to Allianz, the region’s resilience hinges on the booming technology sector. It said the AI boom, which has been driving nearly two-thirds of Asia’s export growth, is helping “cushion” the global economy from the impact of the Middle East crisis.
This AI boom is broadening Asia’s recovery beyond traditional manufacturing, with major semiconductor firms in Taiwan and South Korea leading regional market gains.
By contrast, the Philippines and Indonesia are struggling with the lingering consequences of energy shocks.
“Despite recent developments toward normalization in the Gulf, we expect inflation to remain elevated in the near term as second-round effects from elevated fuel, energy and fertilizer prices keep weighing on the region,” Allianz said.
Let me end this post by asking you readers: What is your reaction to this recent development? What do you think the Philippines should do in order to become more resilient to the effects of the war between America and the Islamic terrorist regime of Iran? Do you think the national government has been working to improve oil storage capacity, attract more foreign investors and rely less on the Middle East for importing oil? Do you think the Philippines will reach out to the Islamic terrorist regime of Iran to make an economic deal?
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
#AllianzResearch #ArtificialIntelligenceAI #ASEAN #Asia #AsiaPacific #AssociationOfSoutheastAsianNationsASEAN #Bing #BongbongMarcos #business #businessNews #CarloCarrasco #ChatGPT #economicConfidence #economicDynamism #economicGrowth #economics #economy #EconomyOfThePhilippines #energy #Facebook #finance #foreignDirectInvestmentFDI #foreignInvestors #GDPGrowth #geek #Google #GoogleSearch #governance #grossDomesticProductGDP #Indonesia #Instagram #Investagrams #investment #investors #Iran #IranianTerrorists #IslamicTerrorism #IslamicTerroristRegimeOfIran #IslamicTerrorists #Islamist #IslamoLeft #ManilaBulletin #Marcos #MiddleEast #money #news #oil #Philippines #PhilippinesBlog #Pinoy #PresidentMarcos #publicService #socialMedia #SoutheastAsia #technology #terroristRegimeOfIran #terroristStateOfIran #Twitter #war #WordPress #WordPressCom -
Philippines’ Net FDI Inflows Fall Down Sharply In April 2026
This past April, the net inflows of foreign direct investment (FDI) into the Philippines reached only $250 million which counts as a 10-year low and a 59% fall compared with March 2026, 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…
Net inflows of foreign direct investments (FDI) in the Philippines plunged to a near 10-year low of $250 million in April, as heightened global uncertainty dented investor sentiment, preliminary data from the Bangko Sentral ng Pilipinas (BSP) showed.
Based on central bank data released on Friday, FDI net inflows declined by 58.8% to $250 million in April from $607 million in the same month last year.
April saw the lowest monthly level seen since the $244 million in June 2016, and the steepest year on year drop since the 76.1% in December 2022.
Month on month, FDI net inflows slumped by 59.1% from the $611 million in March.
“The sharp decline in FDI net inflows to $250 million in April likely reflects a combination of weaker intercompany borrowings, slower reinvestment activity, and continued investor caution amid an uncertain global environment,” Union Bank of the Philippines Chief Economist Ruben Carlo O. Asuncion said via Viber.
The latest FDI level was dragged by the 91.7% drop in net investments in debt instruments to $44 million in April from $522 million a year ago.
Reinvestment of earnings likewise slipped by 1.9% to $80 million from $81 million in April 2025.
Meanwhile, investments in equity and investment fund shares more than doubled (143.5%) to P207 million in April from $85 million the prior year.
Foreign net investments in equity capital other than reinvestment of earnings also ballooned (3,041%) annually to $127 million from $4 million previously.
Equity placements jumped by 21.4% to $136 million from $112 million a year earlier, while withdrawals plunged by 91.7% to $9 million from $108 million.
For Mr. Asuncion, the softer FDI inflows in April likely came as firms and investors deferred investments amid highly uncertain global conditions compounded by weak domestic growth.
“At the same time, heightened global uncertainty stemming from trade tensions, lingering geopolitical risks, and episodes of financial market volatility may have prompted multinational firms to defer expansion plans and adopt a more conservative stance toward capital deployment,” he said.
“Domestically, relatively subdued economic growth in the early part of the year may have also tempered investment decisions,” he added.
Let me end this post by asking you readers: What is your reaction to this recent development? Are you convinced that foreign investors have weak trust in the Philippines no matter what the current administration is doing? Do you think weak economic growth in the Philippines will continue until the end of 2028?
You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.
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Thank you for reading. If you find this article engaging, please click the like button below, share this article to others and also please consider making a donation to support my publishing. If you are looking for a copywriter to create content for your special project or business, check out my services and my portfolio. Feel free to contact me with a private message. Also please feel free to visit my Facebook page Author Carlo Carrasco and follow me on Twitter at @CarloCarrascoPH as well as on Tumblr at https://carlocarrasco.tumblr.com/ and on Instagram athttps://www.instagram.com/authorcarlocarrasco
#ASEAN #Asia #AssociationOfSoutheastAsianNationsASEAN #BangkoSentralNgPilipinasBSP #Bing #BongbongMarcos #business #businessNews #BusinessWorld #CarloCarrasco #ChatGPT #economicConfidence #economicDynamism #economicGrowth #economics #economy #EconomyOfThePhilippines #Facebook #finance #foreignDirectInvestmentFDI #foreignInvestors #GDPGrowth #geek #Google #GoogleSearch #governance #grossDomesticProductGDP #Instagram #Investagrams #investment #investors #Marcos #money #news #Philippines #PhilippinesBlog #Pinoy #PresidentMarcos #publicService #socialMedia #SoutheastAsia #technology #Twitter #WordPress #WordPressCom -
Philippines’ Net FDI Inflows Fall Down Sharply In April 2026
This past April, the net inflows of foreign direct investment (FDI) into the Philippines reached only $250 million which counts as a 10-year low and a 59% fall compared with March 2026, 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…
Net inflows of foreign direct investments (FDI) in the Philippines plunged to a near 10-year low of $250 million in April, as heightened global uncertainty dented investor sentiment, preliminary data from the Bangko Sentral ng Pilipinas (BSP) showed.
Based on central bank data released on Friday, FDI net inflows declined by 58.8% to $250 million in April from $607 million in the same month last year.
April saw the lowest monthly level seen since the $244 million in June 2016, and the steepest year on year drop since the 76.1% in December 2022.
Month on month, FDI net inflows slumped by 59.1% from the $611 million in March.
“The sharp decline in FDI net inflows to $250 million in April likely reflects a combination of weaker intercompany borrowings, slower reinvestment activity, and continued investor caution amid an uncertain global environment,” Union Bank of the Philippines Chief Economist Ruben Carlo O. Asuncion said via Viber.
The latest FDI level was dragged by the 91.7% drop in net investments in debt instruments to $44 million in April from $522 million a year ago.
Reinvestment of earnings likewise slipped by 1.9% to $80 million from $81 million in April 2025.
Meanwhile, investments in equity and investment fund shares more than doubled (143.5%) to P207 million in April from $85 million the prior year.
Foreign net investments in equity capital other than reinvestment of earnings also ballooned (3,041%) annually to $127 million from $4 million previously.
Equity placements jumped by 21.4% to $136 million from $112 million a year earlier, while withdrawals plunged by 91.7% to $9 million from $108 million.
For Mr. Asuncion, the softer FDI inflows in April likely came as firms and investors deferred investments amid highly uncertain global conditions compounded by weak domestic growth.
“At the same time, heightened global uncertainty stemming from trade tensions, lingering geopolitical risks, and episodes of financial market volatility may have prompted multinational firms to defer expansion plans and adopt a more conservative stance toward capital deployment,” he said.
“Domestically, relatively subdued economic growth in the early part of the year may have also tempered investment decisions,” he added.
Let me end this post by asking you readers: What is your reaction to this recent development? Are you convinced that foreign investors have weak trust in the Philippines no matter what the current administration is doing? Do you think weak economic growth in the Philippines will continue until the end of 2028?
You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.
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Thank you for reading. If you find this article engaging, please click the like button below, share this article to others and also please consider making a donation to support my publishing. If you are looking for a copywriter to create content for your special project or business, check out my services and my portfolio. Feel free to contact me with a private message. Also please feel free to visit my Facebook page Author Carlo Carrasco and follow me on Twitter at @CarloCarrascoPH as well as on Tumblr at https://carlocarrasco.tumblr.com/ and on Instagram athttps://www.instagram.com/authorcarlocarrasco
#ASEAN #Asia #AssociationOfSoutheastAsianNationsASEAN #BangkoSentralNgPilipinasBSP #Bing #BongbongMarcos #business #businessNews #BusinessWorld #CarloCarrasco #ChatGPT #economicConfidence #economicDynamism #economicGrowth #economics #economy #EconomyOfThePhilippines #Facebook #finance #foreignDirectInvestmentFDI #foreignInvestors #GDPGrowth #geek #Google #GoogleSearch #governance #grossDomesticProductGDP #Instagram #Investagrams #investment #investors #Marcos #money #news #Philippines #PhilippinesBlog #Pinoy #PresidentMarcos #publicService #socialMedia #SoutheastAsia #technology #Twitter #WordPress #WordPressCom -
A Public Service Announcement for your Edification. #publicservice #publicserviceannouncement #announcement #pronouncement #bigotry #bigotryiswrong #endbigotry #bigotryistherootofallevil #allevil #evil #bigotryisevil #stopbigotry #spreadingbigotry #endingbigotry #crossstitch #stitchery #stitchingproject #handwork #delicatehandwork #makingart #oldfashioned #craft #crafts #oldfashionedcraft #oldfashionedcrafts #racism #sexism #homophobia #xenophobia #endracism #endsexism #endhomophobia
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A Public Service Announcement for your Edification. #publicservice #publicserviceannouncement #announcement #pronouncement #bigotry #bigotryiswrong #endbigotry #bigotryistherootofallevil #allevil #evil #bigotryisevil #stopbigotry #spreadingbigotry #endingbigotry #crossstitch #stitchery #stitchingproject #handwork #delicatehandwork #makingart #oldfashioned #craft #crafts #oldfashionedcraft #oldfashionedcrafts #racism #sexism #homophobia #xenophobia #endracism #endsexism #endhomophobia
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Philippines Supreme Court Upholds Law Granting VAT Refund To Foreign Tourists
Remember the law granting value-added tax refund (VAT refund) to foreign tourists signed a few years ago? That law was challenged and recently the Supreme Court of the Philippines upheld the constitutionality of Republic Act 12079 (the act creating a VAT refund mechanism for non-resident tourists), according to a 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 Supreme Court (SC) has upheld the constitutionality of a law that grants value-added tax (VAT) refunds on select local purchases by non-resident foreign tourists.
In a 30-page decision, the SC En Banc dismissed a petition challenging the validity of Republic Act 12079, or an act creating a VAT refund mechanism for non-resident tourists, adding Section 112-A to the National Internal Revenue Code.
“Granting VAT refund to foreign tourists was not arbitrarily done. It is a policy decision based on legitimate state interests, i.e. the need to remain competitive as a global tourist destination,” the SC said.
“In fine, foreign tourists may be granted privileges and benefits that are not extended to Filipino citizens, so as long as these distinctions are based on reasonable and justifiable classifications, as in here,” it added.
According to the SC, the VAT refund applies to goods brought from duly accredited stores and taken out of the country within 60 days from purchase. The goods must be priced at least P3,000 per transaction.
Meanwhile, the SC said Section 5 of the law’s implementing rules and regulations limit the refund to retail and tangible goods, including clothing, apparel, electronics, gadgets, jewelry, accessories, souvenirs, food or non-food consumables, and other items intended for personal use.
The petitioner, however, argued that the law violates the constitutional guarantee of equal protection as it excludes Filipino citizens.
For its part, the SC said equal protection does not require identical treatment for all persons.
It said the act also distinguishes foreign tourists from Filipino citizens.
According to the SC, the VAT refund system follows the basic rule of VAT that goods are taxed where they are consumed. If the goods are consumed in the Philippines, they remain subject to Philippine VAT.
Meanwhile, the SC added that VAT refund for foreign tourists is a well-established international practice.
“The Philippines is among the last few countries in Asia to adopt such a system. Our Asian neighbors, Indonesia, Malaysia, Singapore, Thailand, Vietnam, China, and Japan have long implemented this VAT refund mechanism for foreign tourists,” it said.
Let me end this post by asking you readers: What is your reaction to this recent development? Do you agree with the Supreme Court’s decision on the law about VAT refund for foreign tourists? Apart from the VAT refund for foreign tourists, what problems that plagued the Philippine tourism industry should the government solve 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 #BankOfThePhilippineIslandsBPI #Bing #BongbongMarcos #business #businessNews #CarloCarrasco #ChatGPT #corruption #DepartmentOfTourismDOT #economicConfidence #economicDynamism #economicGrowth #Facebook #floodControlScandal #foreignTourists #foreignVisitors #geek #GMANetwork #GMANews #Google #GoogleSearch #governance #holiday #Instagram #internationalVisitors #Investagrams #justice #law #Marcos #news #Philippines #PhilippinesBlog #Pinoy #PresidentMarcos #publicService #RepublicActNumber12079RA12079 #socialMedia #SoutheastAsia #SupremeCourt #tax #taxation #taxes #technology #tourism #tourismBlog #tourist #touristBlog #tourists #travel #travelBlog #Twitter #vacation #valueAddedTaxVAT #VATRefund #Visitors #WordPress #WordPressCom #worldTravel -
Philippines Supreme Court Upholds Law Granting VAT Refund To Foreign Tourists
Remember the law granting value-added tax refund (VAT refund) to foreign tourists signed a few years ago? That law was challenged and recently the Supreme Court of the Philippines upheld the constitutionality of Republic Act 12079 (the act creating a VAT refund mechanism for non-resident tourists), according to a 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 Supreme Court (SC) has upheld the constitutionality of a law that grants value-added tax (VAT) refunds on select local purchases by non-resident foreign tourists.
In a 30-page decision, the SC En Banc dismissed a petition challenging the validity of Republic Act 12079, or an act creating a VAT refund mechanism for non-resident tourists, adding Section 112-A to the National Internal Revenue Code.
“Granting VAT refund to foreign tourists was not arbitrarily done. It is a policy decision based on legitimate state interests, i.e. the need to remain competitive as a global tourist destination,” the SC said.
“In fine, foreign tourists may be granted privileges and benefits that are not extended to Filipino citizens, so as long as these distinctions are based on reasonable and justifiable classifications, as in here,” it added.
According to the SC, the VAT refund applies to goods brought from duly accredited stores and taken out of the country within 60 days from purchase. The goods must be priced at least P3,000 per transaction.
Meanwhile, the SC said Section 5 of the law’s implementing rules and regulations limit the refund to retail and tangible goods, including clothing, apparel, electronics, gadgets, jewelry, accessories, souvenirs, food or non-food consumables, and other items intended for personal use.
The petitioner, however, argued that the law violates the constitutional guarantee of equal protection as it excludes Filipino citizens.
For its part, the SC said equal protection does not require identical treatment for all persons.
It said the act also distinguishes foreign tourists from Filipino citizens.
According to the SC, the VAT refund system follows the basic rule of VAT that goods are taxed where they are consumed. If the goods are consumed in the Philippines, they remain subject to Philippine VAT.
Meanwhile, the SC added that VAT refund for foreign tourists is a well-established international practice.
“The Philippines is among the last few countries in Asia to adopt such a system. Our Asian neighbors, Indonesia, Malaysia, Singapore, Thailand, Vietnam, China, and Japan have long implemented this VAT refund mechanism for foreign tourists,” it said.
Let me end this post by asking you readers: What is your reaction to this recent development? Do you agree with the Supreme Court’s decision on the law about VAT refund for foreign tourists? Apart from the VAT refund for foreign tourists, what problems that plagued the Philippine tourism industry should the government solve 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 #BankOfThePhilippineIslandsBPI #Bing #BongbongMarcos #business #businessNews #CarloCarrasco #ChatGPT #corruption #DepartmentOfTourismDOT #economicConfidence #economicDynamism #economicGrowth #Facebook #floodControlScandal #foreignTourists #foreignVisitors #geek #GMANetwork #GMANews #Google #GoogleSearch #governance #holiday #Instagram #internationalVisitors #Investagrams #justice #law #Marcos #news #Philippines #PhilippinesBlog #Pinoy #PresidentMarcos #publicService #RepublicActNumber12079RA12079 #socialMedia #SoutheastAsia #SupremeCourt #tax #taxation #taxes #technology #tourism #tourismBlog #tourist #touristBlog #tourists #travel #travelBlog #Twitter #vacation #valueAddedTaxVAT #VATRefund #Visitors #WordPress #WordPressCom #worldTravel -
Tarik Salehs "Eagles of The Republic" finns att streama på SVT Play!!
Licenspengar well spent, #SVT !
Svensk internationell film med substans.
Jag kan också rekommendera bakom-kameran filmen om Tariks film "Boy from heaven".
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"Public services demand a radical shift to the social economy"
Check out new blog and please share:
https://tfn.scot/opinion/public-services-demand-a-radical-shift-to-the-social-economy
#SocEnt #PublicServices #PublicService #Economy #Economics #Scotland
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"Public services demand a radical shift to the social economy"
Check out new blog and please share:
https://tfn.scot/opinion/public-services-demand-a-radical-shift-to-the-social-economy
#SocEnt #PublicServices #PublicService #Economy #Economics #Scotland
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(1)
“Worn out, from office better to refrain.”
(2)
“And free my sick old age from office!”
(3)
“An official, old, sick, should rest.”
(4)
“I ought to give up all hopes of official service because of age and illness.”
(22)
“My career, Lost to age and sickness, buffeted, adrift”
(23)
“Office — old and sick, I should annul.”Sampled line variations from “38 Translations “of Tu Fu’s (杜甫) “Thoughts While Traveling at Night”
-
(1)
“Worn out, from office better to refrain.”
(2)
“And free my sick old age from office!”
(3)
“An official, old, sick, should rest.”
(4)
“I ought to give up all hopes of official service because of age and illness.”
(22)
“My career, Lost to age and sickness, buffeted, adrift”
(23)
“Office — old and sick, I should annul.”Sampled line variations from “38 Translations “of Tu Fu’s (杜甫) “Thoughts While Traveling at Night”
-
BPI Customers Can Withdraw And Deposit Cash At Grocery, Convenience Stores And Other Commercial Joints
Customers of Bank of the Philippine Islands (BPI) are able to withdraw and deposit cash at grocery, convenience stores and other commercial joints thanks to the a newly launched campaign between the bank and over a thousand partner stores, according to a 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 Bank of the Philippine Islands (BPI) on Wednesday launched its “Himala” campaign, allowing customers to withdraw and deposit cash at 1,369 partner stores, including grocery and convenience stores.
The service effectively turns participating outlets into “mini BPI branches,” enabling customers to complete cash transactions without visiting a physical bank branch.
The partner network includes Robinsons Retail Holdings Inc. (RRHI) stores such as Robinsons Easymart, Robinsons Supermarket, Shopwise, The Marketplace, Robinsons Department Store, Toys “R” Us, and Uncle John’s.
The service is also available at non-RRHI outlets, including Amesco, Fitmart GenSan, CVM Pawnshop, Falcor Marketing, Prince Retail, Prince Warehouse, Rodamel Drugstore, Savers Depot, Tacurong Fit Mart Inc., and Tambunting Pawnshop.
Customers can generate a barcode through the BPI app for cash deposits and withdrawals, then present it at any participating store for processing. They may also send the barcode to another person, who can use it to deposit or withdraw cash at a partner outlet.
Customers may deposit or withdraw a minimum of P100 through the partner network. Deposits are limited to P10,000 per barcode and P50,000 per day, while withdrawals are capped at P10,000.
Select services, including account opening and applications for BPI products, are also available through the bank’s network of 8,000 retail partners, which includes pharmacies and gas stations nationwide.
According to BPI Agency Banking head Rally Jereza, the Ayala-led lender is in talks to onboard more partner stores, with the goal of expanding the network to 10,000 outlets within the year.
“For now, I’m satisfied with 8,000 because we want to encourage people to use [the service]. But in terms of expanding, with existing BPI clients, corporate clients… it’s easy to expand. Right now, we just want to be able to maximize all of those footprints,” he said.
Jereza said the initiative also supports BPI’s “May BPI Dito” campaign, which aims to make the bank’s services available in as many locations as possible.
“What began in 2023 as product application points has evolved into a fully integrated banking ecosystem. Every phase—from enabling transactions on tablets to barcode withdrawals and now barcode deposits—was built to ensure safety, simplicity, and trust,” he said.
“This is not just expansion; it is a redefinition of what a bank can be in the digital age,” he added.
BPI said it has onboarded more than one million new-to-bank customers through its agency banking network and aims to increase the figure to 10 million.
Let me end this post by asking you readers: What is your reaction to this recent development? If you are a BPI customer, have you experience the convenience of doing important transactions at the grocery or at the convenience store 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.
+++++
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 #BankOfThePhilippineIslandsBPI #banking #Bing #BPI #business #businessNews #CarloCarrasco #ChatGPT #convenienceStores #corruption #economicConfidence #economicDynamism #economicGrowth #Facebook #floodControlScandal #geek #GMANetwork #GMANews #Google #GoogleSearch #governance #grocery #Instagram #Investagrams #news #Philippines #PhilippinesBlog #Pinoy #publicService #socialMedia #SoutheastAsia #technology #Twitter #WordPress #WordPressCom -
BPI Customers Can Withdraw And Deposit Cash At Grocery, Convenience Stores And Other Commercial Joints
Customers of Bank of the Philippine Islands (BPI) are able to withdraw and deposit cash at grocery, convenience stores and other commercial joints thanks to the a newly launched campaign between the bank and over a thousand partner stores, according to a 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 Bank of the Philippine Islands (BPI) on Wednesday launched its “Himala” campaign, allowing customers to withdraw and deposit cash at 1,369 partner stores, including grocery and convenience stores.
The service effectively turns participating outlets into “mini BPI branches,” enabling customers to complete cash transactions without visiting a physical bank branch.
The partner network includes Robinsons Retail Holdings Inc. (RRHI) stores such as Robinsons Easymart, Robinsons Supermarket, Shopwise, The Marketplace, Robinsons Department Store, Toys “R” Us, and Uncle John’s.
The service is also available at non-RRHI outlets, including Amesco, Fitmart GenSan, CVM Pawnshop, Falcor Marketing, Prince Retail, Prince Warehouse, Rodamel Drugstore, Savers Depot, Tacurong Fit Mart Inc., and Tambunting Pawnshop.
Customers can generate a barcode through the BPI app for cash deposits and withdrawals, then present it at any participating store for processing. They may also send the barcode to another person, who can use it to deposit or withdraw cash at a partner outlet.
Customers may deposit or withdraw a minimum of P100 through the partner network. Deposits are limited to P10,000 per barcode and P50,000 per day, while withdrawals are capped at P10,000.
Select services, including account opening and applications for BPI products, are also available through the bank’s network of 8,000 retail partners, which includes pharmacies and gas stations nationwide.
According to BPI Agency Banking head Rally Jereza, the Ayala-led lender is in talks to onboard more partner stores, with the goal of expanding the network to 10,000 outlets within the year.
“For now, I’m satisfied with 8,000 because we want to encourage people to use [the service]. But in terms of expanding, with existing BPI clients, corporate clients… it’s easy to expand. Right now, we just want to be able to maximize all of those footprints,” he said.
Jereza said the initiative also supports BPI’s “May BPI Dito” campaign, which aims to make the bank’s services available in as many locations as possible.
“What began in 2023 as product application points has evolved into a fully integrated banking ecosystem. Every phase—from enabling transactions on tablets to barcode withdrawals and now barcode deposits—was built to ensure safety, simplicity, and trust,” he said.
“This is not just expansion; it is a redefinition of what a bank can be in the digital age,” he added.
BPI said it has onboarded more than one million new-to-bank customers through its agency banking network and aims to increase the figure to 10 million.
Let me end this post by asking you readers: What is your reaction to this recent development? If you are a BPI customer, have you experience the convenience of doing important transactions at the grocery or at the convenience store 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.
+++++
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 #BankOfThePhilippineIslandsBPI #banking #Bing #BPI #business #businessNews #CarloCarrasco #ChatGPT #convenienceStores #corruption #economicConfidence #economicDynamism #economicGrowth #Facebook #floodControlScandal #geek #GMANetwork #GMANews #Google #GoogleSearch #governance #grocery #Instagram #Investagrams #news #Philippines #PhilippinesBlog #Pinoy #publicService #socialMedia #SoutheastAsia #technology #Twitter #WordPress #WordPressCom -
New Philippines Domestic Tourism Program Launched With Over 3,000 Travel Deals
In what is clearly a serious attempt by the Department of Tourism (DOT) to boost domestic tourism a lot, the new program Discover More To Love was recently launched with more than three thousand travel deals from varied hotels, tour operators and airlines, according to a news report by the Manila Standard.
To put things in perspective, posted below is an excerpt from the report of the Manila Standard. Some parts in boldface…
The Department of Tourism (DOT) launched a new campaign offering more than 3,000 travel deals from hotels, tour operators, and airlines to boost domestic travel during off-peak months and support local businesses.
The campaign, named “Discover More to Love,” runs from July to November 2026 to stimulate year-round travel, sustain bookings, preserve jobs, and strengthen local economies during the industry’s traditional lean period.
The initiative serves as an extension of the country’s official tourism brand, “Love the Philippines,” rather than a replacement.
Travelers can access discounts of up to 70 percent from more than 70 hotels and resorts through the Hotels Sales and Marketing Association. The campaign also features more than 250 nationwide travel packages alongside discounted fares from carriers Philippine Airlines, Cebu Pacific, AirAsia Philippines, and Sunlight Air.
Online platforms AirAsia MOVE and Klook are providing exclusive deals, while Mastercard offers special payment privileges for cardholders. Travelers can access the promotional room packages, staycation deals, dining credits, and flexible booking options directly through the department’s enhanced website at http://www.tourism.gov.ph.
Tourism Secretary Dita Angara-Mathay said the agency wants to evolve the initiative through feedback from travelers and industry partners.
Let me end this post by asking you readers: What is your reaction to this recent development? Do you support the DOT’s renewed focus on domestic tourism?
You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.
+++++
Thank you for reading. If you find this article engaging, please click the like button below, share this article to others and also please consider making a donation to support my publishing. If you are looking for a copywriter to create content for your special project or business, check out my services and my portfolio. Feel free to contact me with a private message. Also please feel free to visit my Facebook page Author Carlo Carrasco and follow me on Twitter at @CarloCarrascoPH as well as on Tumblr at https://carlocarrasco.tumblr.com/ and on Instagram athttps://www.instagram.com/authorcarlocarrasco
#ASEAN #Asia #AssociationOfSoutheastAsianNationsASEAN #Bing #BongbongMarcos #business #businessNews #CarloCarrasco #ChatGPT #ChineseTourists #corruption #DepartmentOfTourismDOT #DiscoverMoreToLove #DitaAngaraMathay #domesticTourism #domesticTourists #domesticTravel #economicConfidence #economicDynamism #economicGrowth #Facebook #floodControlScandal #foreignTourists #geek #Google #GoogleSearch #governance #holiday #homosexualTourists #Instagram #Investagrams #localTourists #ManilaStandard #Marcos #news #Philippines #PhilippinesBlog #Pinoy #PresidentMarcos #publicService #sexTourists #socialMedia #SoutheastAsia #technology #tourism #tourismBlog #tourist #touristArrivals #touristBlog #touristDestinations #touristSpots #tourists #travel #travelBlog #Twitter #vacation #WordPress #WordPressCom #worldTravel -
Philippines At Risk Of Losing Ground In Global Supply Chain
If the Philippines fails to address the high costs of energy and the ongoing corruption connected with infrastructure projects, it could lose ground in global supply chains, according to a news report by BusinessWorld.
To put things in perspective, posted below is an excerpt from the report of BusinessWorld. Some parts in boldface…
THE PHILIPPINES risks losing ground in global supply chains unless it addresses high energy costs and unresolved corruption issues surrounding infrastructure projects, which continue to weigh on investor sentiment, according to UK-based risk intelligence firm Verisk Maplecroft.
“The Philippines’ biggest infrastructure challenge is its relatively high cost of energy, which has been exacerbated by the Hormuz crisis,” Laura Schwartz, a senior Asia analyst at Verisk Maplecroft, said in an e-mailed reply to BusinessWorld.
“Following the onset of the crisis, there was some movement in fast-tracking renewable energy projects, but more will be needed,” she added.
The Philippines, which sources at least 90% of its oil supply from the Middle East, has been one of the most affected by the global oil crisis.
Ms. Schwartz also said last year’s corruption scandal — which linked state officials and contractors in substandard or nonexistent flood control projects — may deter companies that are seeking to diversify their supply chains from investing in the Philippines.
“High-profile governance issues, particularly the widespread public works corruption allegations and political jockeying, are one of the top factors leading to investor hesitation in the near term,” she said.
In its 2026 Supply Chain Risk Outlook, Verisk Maplecroft identified the Philippines, Thailand, Argentina, Chile, and Uruguay as “rising stars” in the global supply chain.
“Relative to the established hubs, these ‘rising stars’ offer different mixes of sector capability, market openness, regulatory strengths, and labor-risk trajectories for organizations looking to realign their supply chains,” it said in the report released on June 23.
“The businesses that move first — screening these markets now, building supplier relationships before demand spikes, and stress-testing entry strategies against external risk data — will find themselves better positioned to act when faced with disruptive geopolitical realignment, trade restrictions, or conflict outbreaks,” Verisk Maplecroft said.
A third of the world’s busiest ports and airports are vulnerable to disruption amid ongoing geopolitical conflicts, environmental challenges, and domestic security threats, the firm noted.
The closing of the Strait of Hormuz has created near-term headwinds for the Philippines and Thailand, Verisk Maplecroft said.
Despite this, “procurement teams willing to take a longer-term view will find these markets worth their attention,” the company added.
The report cited the Philippines’ strong potential in the global supply chain due to improvements in its market openness, its competitive labor costs, and its young, English-fluent workforce.
“The Philippines performs second-best across the Southeast Asian economies analyzed due to significant improvement in our market openness pillar,” it said.
“Despite lower infrastructure quality and governance challenges, including recent corruption scandals, the Philippines shows notable opportunities in sectors like electronics, auto parts, and food manufacturing,” Verisk Maplecroft said.
Other Southeast Asian economies assessed in the report were Singapore, Cambodia, Indonesia, Malaysia, Vietnam, Thailand, and Myanmar.
Let me end this post by asking you readers: What is your reaction to this recent development? Do you think the government of the Philippines has the will to resolve high energy costs and the ongoing corruption on infrastructure projects? Do you think the Philippines could get more affordable oil from places other than the Middle East?
You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.
+++++
Thank you for reading. If you find this article engaging, please click the like button below, share this article to others and also please consider making a donation to support my publishing. If you are looking for a copywriter to create content for your special project or business, check out my services and my portfolio. Feel free to contact me with a private message. Also please feel free to visit my Facebook page Author Carlo Carrasco and follow me on Twitter at @CarloCarrascoPH as well as on Tumblr at https://carlocarrasco.tumblr.com/ and on Instagram athttps://www.instagram.com/authorcarlocarrasco
#ASEAN #Asia #AssociationOfSoutheastAsianNationsASEAN #Bing #BongbongMarcos #business #businessNews #BusinessWorld #CarloCarrasco #ChatGPT #corruption #economicConfidence #economicDynamism #economicGrowth #energy #Facebook #floodControl #floodControlScandal #geek #Google #GoogleSearch #governance #infrastructure #Instagram #Investagrams #Marcos #MiddleEast #news #oil #Philippines #PhilippinesBlog #Pinoy #PresidentMarcos #publicService #socialMedia #SoutheastAsia #supplyChain #technology #Twitter #VeriskMaplecroft #WordPress #WordPressCom -
New Philippines Domestic Tourism Program Launched With Over 3,000 Travel Deals
In what is clearly a serious attempt by the Department of Tourism (DOT) to boost domestic tourism a lot, the new program Discover More To Love was recently launched with more than three thousand travel deals from varied hotels, tour operators and airlines, according to a news report by the Manila Standard.
To put things in perspective, posted below is an excerpt from the report of the Manila Standard. Some parts in boldface…
The Department of Tourism (DOT) launched a new campaign offering more than 3,000 travel deals from hotels, tour operators, and airlines to boost domestic travel during off-peak months and support local businesses.
The campaign, named “Discover More to Love,” runs from July to November 2026 to stimulate year-round travel, sustain bookings, preserve jobs, and strengthen local economies during the industry’s traditional lean period.
The initiative serves as an extension of the country’s official tourism brand, “Love the Philippines,” rather than a replacement.
Travelers can access discounts of up to 70 percent from more than 70 hotels and resorts through the Hotels Sales and Marketing Association. The campaign also features more than 250 nationwide travel packages alongside discounted fares from carriers Philippine Airlines, Cebu Pacific, AirAsia Philippines, and Sunlight Air.
Online platforms AirAsia MOVE and Klook are providing exclusive deals, while Mastercard offers special payment privileges for cardholders. Travelers can access the promotional room packages, staycation deals, dining credits, and flexible booking options directly through the department’s enhanced website at http://www.tourism.gov.ph.
Tourism Secretary Dita Angara-Mathay said the agency wants to evolve the initiative through feedback from travelers and industry partners.
Let me end this post by asking you readers: What is your reaction to this recent development? Do you support the DOT’s renewed focus on domestic tourism?
You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.
+++++
Thank you for reading. If you find this article engaging, please click the like button below, share this article to others and also please consider making a donation to support my publishing. If you are looking for a copywriter to create content for your special project or business, check out my services and my portfolio. Feel free to contact me with a private message. Also please feel free to visit my Facebook page Author Carlo Carrasco and follow me on Twitter at @CarloCarrascoPH as well as on Tumblr at https://carlocarrasco.tumblr.com/ and on Instagram athttps://www.instagram.com/authorcarlocarrasco
#ASEAN #Asia #AssociationOfSoutheastAsianNationsASEAN #Bing #BongbongMarcos #business #businessNews #CarloCarrasco #ChatGPT #ChineseTourists #corruption #DepartmentOfTourismDOT #DiscoverMoreToLove #DitaAngaraMathay #domesticTourism #domesticTourists #domesticTravel #economicConfidence #economicDynamism #economicGrowth #Facebook #floodControlScandal #foreignTourists #geek #Google #GoogleSearch #governance #holiday #homosexualTourists #Instagram #Investagrams #localTourists #ManilaStandard #Marcos #news #Philippines #PhilippinesBlog #Pinoy #PresidentMarcos #publicService #sexTourists #socialMedia #SoutheastAsia #technology #tourism #tourismBlog #tourist #touristArrivals #touristBlog #touristDestinations #touristSpots #tourists #travel #travelBlog #Twitter #vacation #WordPress #WordPressCom #worldTravel -
Philippines At Risk Of Losing Ground In Global Supply Chain
If the Philippines fails to address the high costs of energy and the ongoing corruption connected with infrastructure projects, it could lose ground in global supply chains, according to a news report by BusinessWorld.
To put things in perspective, posted below is an excerpt from the report of BusinessWorld. Some parts in boldface…
THE PHILIPPINES risks losing ground in global supply chains unless it addresses high energy costs and unresolved corruption issues surrounding infrastructure projects, which continue to weigh on investor sentiment, according to UK-based risk intelligence firm Verisk Maplecroft.
“The Philippines’ biggest infrastructure challenge is its relatively high cost of energy, which has been exacerbated by the Hormuz crisis,” Laura Schwartz, a senior Asia analyst at Verisk Maplecroft, said in an e-mailed reply to BusinessWorld.
“Following the onset of the crisis, there was some movement in fast-tracking renewable energy projects, but more will be needed,” she added.
The Philippines, which sources at least 90% of its oil supply from the Middle East, has been one of the most affected by the global oil crisis.
Ms. Schwartz also said last year’s corruption scandal — which linked state officials and contractors in substandard or nonexistent flood control projects — may deter companies that are seeking to diversify their supply chains from investing in the Philippines.
“High-profile governance issues, particularly the widespread public works corruption allegations and political jockeying, are one of the top factors leading to investor hesitation in the near term,” she said.
In its 2026 Supply Chain Risk Outlook, Verisk Maplecroft identified the Philippines, Thailand, Argentina, Chile, and Uruguay as “rising stars” in the global supply chain.
“Relative to the established hubs, these ‘rising stars’ offer different mixes of sector capability, market openness, regulatory strengths, and labor-risk trajectories for organizations looking to realign their supply chains,” it said in the report released on June 23.
“The businesses that move first — screening these markets now, building supplier relationships before demand spikes, and stress-testing entry strategies against external risk data — will find themselves better positioned to act when faced with disruptive geopolitical realignment, trade restrictions, or conflict outbreaks,” Verisk Maplecroft said.
A third of the world’s busiest ports and airports are vulnerable to disruption amid ongoing geopolitical conflicts, environmental challenges, and domestic security threats, the firm noted.
The closing of the Strait of Hormuz has created near-term headwinds for the Philippines and Thailand, Verisk Maplecroft said.
Despite this, “procurement teams willing to take a longer-term view will find these markets worth their attention,” the company added.
The report cited the Philippines’ strong potential in the global supply chain due to improvements in its market openness, its competitive labor costs, and its young, English-fluent workforce.
“The Philippines performs second-best across the Southeast Asian economies analyzed due to significant improvement in our market openness pillar,” it said.
“Despite lower infrastructure quality and governance challenges, including recent corruption scandals, the Philippines shows notable opportunities in sectors like electronics, auto parts, and food manufacturing,” Verisk Maplecroft said.
Other Southeast Asian economies assessed in the report were Singapore, Cambodia, Indonesia, Malaysia, Vietnam, Thailand, and Myanmar.
Let me end this post by asking you readers: What is your reaction to this recent development? Do you think the government of the Philippines has the will to resolve high energy costs and the ongoing corruption on infrastructure projects? Do you think the Philippines could get more affordable oil from places other than the Middle East?
You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.
+++++
Thank you for reading. If you find this article engaging, please click the like button below, share this article to others and also please consider making a donation to support my publishing. If you are looking for a copywriter to create content for your special project or business, check out my services and my portfolio. Feel free to contact me with a private message. Also please feel free to visit my Facebook page Author Carlo Carrasco and follow me on Twitter at @CarloCarrascoPH as well as on Tumblr at https://carlocarrasco.tumblr.com/ and on Instagram athttps://www.instagram.com/authorcarlocarrasco
#ASEAN #Asia #AssociationOfSoutheastAsianNationsASEAN #Bing #BongbongMarcos #business #businessNews #BusinessWorld #CarloCarrasco #ChatGPT #corruption #economicConfidence #economicDynamism #economicGrowth #energy #Facebook #floodControl #floodControlScandal #geek #Google #GoogleSearch #governance #infrastructure #Instagram #Investagrams #Marcos #MiddleEast #news #oil #Philippines #PhilippinesBlog #Pinoy #PresidentMarcos #publicService #socialMedia #SoutheastAsia #supplyChain #technology #Twitter #VeriskMaplecroft #WordPress #WordPressCom -
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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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
#Alabang #AlabangBlog #AlabangTownCenterATC #amusement #ASEAN #Asia #AssociationOfSoutheastAsianNationsASEAN #BetterThanStreaming #BluRay #CarloCarrasco #cinema #cinemas #cinematic #CityGovernmentOfMuntinlupa #entertainment #entertainmentBlog #Facebook #FacebookGroups #FestivalMall #Filinvest #film #filmBlog #filmBuffs #fun #geek #Google #GoogleSearch #governance #homeTheater #Instagram #Investagrams #localCinemas #ManilaBulletin #movieBuffs #MovieFansWorldwide #movieTheater #movieTheaters #movies #moviesBlog #Muntinlupa #MuntinlupaCity #Netflix #Philippines #Pinoy #publicService #Rockwell #RockwellLand #RockwellLandCorp #RuffyBiazon #RufinoBiazon #SeniorCitizens #SMCenterMuntinlupa #SMPrime #SoutheastAsia #streaming #Tumblr #Twitter #WordPress #WordPressCom -
S&P Global Slashes Philippines GDP Growth Forecast
In its latest analysis and assessment, S&P Global predicts weaker gross domestic product (GDP) growth for the Philippines at 4.1% this year, according to a news report by BusinessWorld.
To put things in perspective, posted below is an excerpt from the report of BusinessWorld. Some parts in boldface…
The economic drag from the Middle East-war driven oil shocks and last year’s flood control mess fallout could slow the Philippines’ growth to 4.1% this year, S&P Global said.
In its latest economic outlook for Asia-Pacific, the debt watcher cut its gross domestic product (GDP) growth forecast for the Philippines to 4.1% for this year, from 5.8% previously.
S&P Global Asia-Pacific Chief Economist Louis Kuijs and Senior Economist Vishrut Rana noted that the Philippines emerged as a laggard in the region, which was largely resilient at the start of the year.
“Asia-Pacific economic growth largely held up in early 2026. In the first quarter, GDP growth met or exceeded expectations in most economies, with generally solid contributions from both exports and domestic demand,” Mr. Kujis and Mr. Rana said.
“However, growth significantly lagged expectations in the Philippines, where the energy shock combines with a sharp reduction in public infrastructure spending related to misutilization of funds,” they added.
In the first quarter, the economy unexpectedly grew by 2.8%, its weakest growth since the COVID-19 pandemic, due to spiraling oil prices and the lingering effects of last year’s corruption scandal.
The S&P economists noted that countries in the Asia-Pacific, including the Philippines, are heavily reliant on oil imports from the Middle East, which made them vulnerable to disruptions in the region’s key energy facilities and the Strait of Hormuz.
Let me end this post by asking you readers: What is your reaction to this recent development? Do you think the government has any plans to stimulate economic growth? Do you see the GDP of the Philippines growing at a slower rate over the next several quarters? Do you think the economic managers of the current administration should be replaced?
You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.
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Thank you for reading. If you find this article engaging, please click the like button below, share this article to others and also please consider making a donation to support my publishing. If you are looking for a copywriter to create content for your special project or business, check out my services and my portfolio. Feel free to contact me with a private message. Also please feel free to visit my Facebook page Author Carlo Carrasco and follow me on Twitter at @CarloCarrascoPH as well as on Tumblr at https://carlocarrasco.tumblr.com/ and on Instagram athttps://www.instagram.com/authorcarlocarrasco
#ASEAN #Asia #AssociationOfSoutheastAsianNationsASEAN #Bing #BongbongMarcos #CarloCarrasco #ChatGPT #corruption #economicForecast #economicGrowth #economics #economy #EconomyOfThePhilippines #Facebook #finance #floodControlScandal #GDPGrowth #geek #Google #GoogleSearch #governance #grossDomesticProductGDP #Instagram #Investagrams #jobs #Marcos #money #news #Philippines #PhilippinesBlog #Pinoy #PresidentMarcos #publicService #SPGlobal #socialMedia #SoutheastAsia #technology #Twitter #WordPress #WordPressCom -
S&P Global Slashes Philippines GDP Growth Forecast
In its latest analysis and assessment, S&P Global predicts weaker gross domestic product (GDP) growth for the Philippines at 4.1% this year, according to a news report by BusinessWorld.
To put things in perspective, posted below is an excerpt from the report of BusinessWorld. Some parts in boldface…
The economic drag from the Middle East-war driven oil shocks and last year’s flood control mess fallout could slow the Philippines’ growth to 4.1% this year, S&P Global said.
In its latest economic outlook for Asia-Pacific, the debt watcher cut its gross domestic product (GDP) growth forecast for the Philippines to 4.1% for this year, from 5.8% previously.
S&P Global Asia-Pacific Chief Economist Louis Kuijs and Senior Economist Vishrut Rana noted that the Philippines emerged as a laggard in the region, which was largely resilient at the start of the year.
“Asia-Pacific economic growth largely held up in early 2026. In the first quarter, GDP growth met or exceeded expectations in most economies, with generally solid contributions from both exports and domestic demand,” Mr. Kujis and Mr. Rana said.
“However, growth significantly lagged expectations in the Philippines, where the energy shock combines with a sharp reduction in public infrastructure spending related to misutilization of funds,” they added.
In the first quarter, the economy unexpectedly grew by 2.8%, its weakest growth since the COVID-19 pandemic, due to spiraling oil prices and the lingering effects of last year’s corruption scandal.
The S&P economists noted that countries in the Asia-Pacific, including the Philippines, are heavily reliant on oil imports from the Middle East, which made them vulnerable to disruptions in the region’s key energy facilities and the Strait of Hormuz.
Let me end this post by asking you readers: What is your reaction to this recent development? Do you think the government has any plans to stimulate economic growth? Do you see the GDP of the Philippines growing at a slower rate over the next several quarters? Do you think the economic managers of the current administration should be replaced?
You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.
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Thank you for reading. If you find this article engaging, please click the like button below, share this article to others and also please consider making a donation to support my publishing. If you are looking for a copywriter to create content for your special project or business, check out my services and my portfolio. Feel free to contact me with a private message. Also please feel free to visit my Facebook page Author Carlo Carrasco and follow me on Twitter at @CarloCarrascoPH as well as on Tumblr at https://carlocarrasco.tumblr.com/ and on Instagram athttps://www.instagram.com/authorcarlocarrasco
#ASEAN #Asia #AssociationOfSoutheastAsianNationsASEAN #Bing #BongbongMarcos #CarloCarrasco #ChatGPT #corruption #economicForecast #economicGrowth #economics #economy #EconomyOfThePhilippines #Facebook #finance #floodControlScandal #GDPGrowth #geek #Google #GoogleSearch #governance #grossDomesticProductGDP #Instagram #Investagrams #jobs #Marcos #money #news #Philippines #PhilippinesBlog #Pinoy #PresidentMarcos #publicService #SPGlobal #socialMedia #SoutheastAsia #technology #Twitter #WordPress #WordPressCom -
🚨Urge your #MP to take the next step to #ThamesWater special Administration! 😤 #Water's💧 a #BasicService a #PublicService & #WeOwnIt! 💪🤬 #EnoughlsEnough #Politics #Corruption #CorporateWelfare #Accountability
Check out this from We Own It.
@we_ownit https://weownit.org.uk/act-now/thames-water-urge-your-mp-take-the-next-step-to-special-administration -
🚨Urge your #MP to take the next step to #ThamesWater special Administration! 😤 #Water's💧 a #BasicService a #PublicService & #WeOwnIt! 💪🤬 #EnoughlsEnough #Politics #Corruption #CorporateWelfare #Accountability
Check out this from We Own It.
@we_ownit https://weownit.org.uk/act-now/thames-water-urge-your-mp-take-the-next-step-to-special-administration -
Laws Every Scout Should Know
Being a Scout means more than camping, hiking, and earning merit badges. Scouts are also expected to be good citizens who understand the rules and laws that help keep our communities safe and fair. While Scouts are not expected to be lawyers, learning about important laws can help them become informed and responsible leaders. 1. The Scout Law and the Law of the Land The Scout Law teaches Scouts to be Trustworthy, Loyal, Helpful, Friendly, Courteous, Kind, Obedient, Cheerful, Thrifty, Brave, […]https://troop161ma.wordpress.com/2026/06/26/laws-every-scout-should-know/
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Laws Every Scout Should Know
Being a Scout means more than camping, hiking, and earning merit badges. Scouts are also expected to be good citizens who understand the rules and laws that help keep our communities safe and fair. While Scouts are not expected to be lawyers, learning about important laws can help them become informed and responsible leaders. 1. The Scout Law and the Law of the Land The Scout Law teaches Scouts to be Trustworthy, Loyal, Helpful, Friendly, Courteous, Kind, Obedient, Cheerful, Thrifty, Brave, […]https://troop161ma.wordpress.com/2026/06/26/laws-every-scout-should-know/
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The Men Without Monuments: A Biblical Perspective
The men remembered by monuments did not spend their lives demanding recognition. They earned it. Scripture teaches the same principle: God honors the humble and opposes the proud. In an age obsessed with self-promotion, that lesson may be more important than ever.https://polymathchristian.wordpress.com/2026/06/24/the-men-without-monuments-a-biblical-perspective/
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The Men Without Monuments: A Biblical Perspective
The men remembered by monuments did not spend their lives demanding recognition. They earned it. Scripture teaches the same principle: God honors the humble and opposes the proud. In an age obsessed with self-promotion, that lesson may be more important than ever.https://polymathchristian.wordpress.com/2026/06/24/the-men-without-monuments-a-biblical-perspective/
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The men remembered by monuments in Washington did not spend their lives demanding recognition. They earned it. In a culture increasingly driven by self-promotion and personal branding, the Founders remind us that greatness is not declared in the present, but confirmed by history. Monuments are not self-appointed. They are bestowed by generations who come after, once the noise of the moment has faded and only the weight of legacy remains.https://polymathchristian.wordpress.com/2026/06/23/the-men-without-monuments/
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The Men Without Monuments
The men remembered by monuments in Washington did not spend their lives demanding recognition. They earned it. In a culture increasingly driven by self-promotion and personal branding, the Founders remind us that greatness is not declared in the present, but confirmed by history. Monuments are not self-appointed. They are bestowed by generations who come after, once the noise of the moment has faded and only the weight of legacy remains.https://polymathchristian.wordpress.com/2026/06/23/the-men-without-monuments/