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#publicservice — Public Fediverse posts

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

  1. Philippines Economic Growth May Fall Behind Southeast Asian Neighbors

    In the latest economic analysis of Bank of America (BofA), the Philippines may end up behind its Association of Southeast Asian Nations (ASEAN) neighbors in terms of economic growth, and it could also mark another year of failing to hits is growth target, according to a report by BusinessWorld.

    This is not surprising as the Philippines did not benefit economically from hosting the ASEAN Summit while it endured high inflation, weak gross domestic product (GDP) growth and lower foreign direct investment (FDI) inflows this year.

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

    THE PHILIPPINE ECONOMY may be among the slowest growing in Southeast Asia this year, as weak domestic demand keeps growth below its potential, Bank of America (BofA) said.

    In a report dated Sept. 8, BofA Global Research kept its gross domestic product (GDP) forecasts for the Philippines at 2.5% in 2026 and 3.5% in 2027.

    For 2026, this projection puts the Philippines on par with Thailand as the slowest-growing economies among the Association of Southeast Asian Nations (ASEAN) members included in the report.

    The two countries are expected to trail Vietnam (8.2%), Indonesia (5.3%), Malaysia (5.2%), and Singapore (5.1%) this year. If BofA’s forecasts hold, the Philippines will miss its growth target for five straight years. Economic managers are targeting 3.5%-4.5% GDP growth this year and 5%-6% in 2027-2030.

    In second half of 2026, we see GDP growing 2.5% with gentle gains in consumption and the bottoming of investment spending,” BofA China & Asia Economist Helen Qiao and Asia Economist Ting Him Ho said.

    Government spending may help mitigate the effects of the oil shock by aiming subsidies at consumer and transport groups most affected,” they added.

    The Philippine economic growth slumped to a post-pandemic low of 2.3% in the second quarter, bringing first-half growth to 2.6%. Economic managers said that last year’s flood control corruption scandal continued to weigh on public construction and investments, while the Middle East war-driven energy shocks dampened household spending.

    “Domestic demand grew only 0.9% in 2Q26 with net trade providing the lift to overall GDP,” the BofA economists also noted. “Within domestic demand, private consumption slowed, investments shrunk, and government spending was unable to fully cushion.”

    Let me end this post by asking you readers: What is your reaction to this recent development? Do you think the Philippines will continue to be the economic weakling of ASEAN this year? Has the weak economic growth of the Philippines affected you in many ways?

    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 at https://www.instagram.com/authorcarlocarrasco

    #America #ASEAN #ASEANSummit #Asia #AssociationOfSoutheastAsianNationsASEAN #BangkoSentralNgPilipinasBSP #BankOfAmerica #BankOfAmericaBofA #Bing #BongbongMarcos #business #businessNews #BusinessWorld #CarloCarrasco #ChatGPT #economicGrowth #economics #economy #EconomyOfThePhilippines #Facebook #Fediverse #finance #foreignDirectInvestmentFDI #foreignInvestment #foreignInvestor #GDP #GDPGrowth #geek #Google #GoogleSearch #governance #grossDomesticProductGDP #growth #Indonesia #inflation #Instagram #Investagrams #investing #investment #investors #Japan #jobs #Malaysia #Marcos #Mastodon #money #multiculturalism #news #Nippon #Philippines #PhilippinesBlog #Pinoy #PresidentMarcos #publicService #Singapore #socialMedia #SoutheastAsia #technology #Thailand #Twitter #UnitedStatesOfAmericaUSA #USA #WordPress #WordPressCom
  2. Philippines Economic Growth May Fall Behind Southeast Asian Neighbors

    In the latest economic analysis of Bank of America (BofA), the Philippines may end up behind its Association of Southeast Asian Nations (ASEAN) neighbors in terms of economic growth, and it could also mark another year of failing to hits is growth target, according to a report by BusinessWorld.

    This is not surprising as the Philippines did not benefit economically from hosting the ASEAN Summit while it endured high inflation, weak gross domestic product (GDP) growth and lower foreign direct investment (FDI) inflows this year.

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

    THE PHILIPPINE ECONOMY may be among the slowest growing in Southeast Asia this year, as weak domestic demand keeps growth below its potential, Bank of America (BofA) said.

    In a report dated Sept. 8, BofA Global Research kept its gross domestic product (GDP) forecasts for the Philippines at 2.5% in 2026 and 3.5% in 2027.

    For 2026, this projection puts the Philippines on par with Thailand as the slowest-growing economies among the Association of Southeast Asian Nations (ASEAN) members included in the report.

    The two countries are expected to trail Vietnam (8.2%), Indonesia (5.3%), Malaysia (5.2%), and Singapore (5.1%) this year. If BofA’s forecasts hold, the Philippines will miss its growth target for five straight years. Economic managers are targeting 3.5%-4.5% GDP growth this year and 5%-6% in 2027-2030.

    In second half of 2026, we see GDP growing 2.5% with gentle gains in consumption and the bottoming of investment spending,” BofA China & Asia Economist Helen Qiao and Asia Economist Ting Him Ho said.

    Government spending may help mitigate the effects of the oil shock by aiming subsidies at consumer and transport groups most affected,” they added.

    The Philippine economic growth slumped to a post-pandemic low of 2.3% in the second quarter, bringing first-half growth to 2.6%. Economic managers said that last year’s flood control corruption scandal continued to weigh on public construction and investments, while the Middle East war-driven energy shocks dampened household spending.

    “Domestic demand grew only 0.9% in 2Q26 with net trade providing the lift to overall GDP,” the BofA economists also noted. “Within domestic demand, private consumption slowed, investments shrunk, and government spending was unable to fully cushion.”

    Let me end this post by asking you readers: What is your reaction to this recent development? Do you think the Philippines will continue to be the economic weakling of ASEAN this year? Has the weak economic growth of the Philippines affected you in many ways?

    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 at https://www.instagram.com/authorcarlocarrasco

    #America #ASEAN #ASEANSummit #Asia #AssociationOfSoutheastAsianNationsASEAN #BangkoSentralNgPilipinasBSP #BankOfAmerica #BankOfAmericaBofA #Bing #BongbongMarcos #business #businessNews #BusinessWorld #CarloCarrasco #ChatGPT #economicGrowth #economics #economy #EconomyOfThePhilippines #Facebook #Fediverse #finance #foreignDirectInvestmentFDI #foreignInvestment #foreignInvestor #GDP #GDPGrowth #geek #Google #GoogleSearch #governance #grossDomesticProductGDP #growth #Indonesia #inflation #Instagram #Investagrams #investing #investment #investors #Japan #jobs #Malaysia #Marcos #Mastodon #money #multiculturalism #news #Nippon #Philippines #PhilippinesBlog #Pinoy #PresidentMarcos #publicService #Singapore #socialMedia #SoutheastAsia #technology #Thailand #Twitter #UnitedStatesOfAmericaUSA #USA #WordPress #WordPressCom
  3. Philippines Economic Growth May Fall Behind Southeast Asian Neighbors

    In the latest economic analysis of Bank of America (BofA), the Philippines may end up behind its Association of Southeast Asian Nations (ASEAN) neighbors in terms of economic growth, and it could also mark another year of failing to hits is growth target, according to a report by BusinessWorld.

    This is not surprising as the Philippines did not benefit economically from hosting the ASEAN Summit while it endured high inflation, weak gross domestic product (GDP) growth and lower foreign direct investment (FDI) inflows this year.

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

    THE PHILIPPINE ECONOMY may be among the slowest growing in Southeast Asia this year, as weak domestic demand keeps growth below its potential, Bank of America (BofA) said.

    In a report dated Sept. 8, BofA Global Research kept its gross domestic product (GDP) forecasts for the Philippines at 2.5% in 2026 and 3.5% in 2027.

    For 2026, this projection puts the Philippines on par with Thailand as the slowest-growing economies among the Association of Southeast Asian Nations (ASEAN) members included in the report.

    The two countries are expected to trail Vietnam (8.2%), Indonesia (5.3%), Malaysia (5.2%), and Singapore (5.1%) this year. If BofA’s forecasts hold, the Philippines will miss its growth target for five straight years. Economic managers are targeting 3.5%-4.5% GDP growth this year and 5%-6% in 2027-2030.

    In second half of 2026, we see GDP growing 2.5% with gentle gains in consumption and the bottoming of investment spending,” BofA China & Asia Economist Helen Qiao and Asia Economist Ting Him Ho said.

    Government spending may help mitigate the effects of the oil shock by aiming subsidies at consumer and transport groups most affected,” they added.

    The Philippine economic growth slumped to a post-pandemic low of 2.3% in the second quarter, bringing first-half growth to 2.6%. Economic managers said that last year’s flood control corruption scandal continued to weigh on public construction and investments, while the Middle East war-driven energy shocks dampened household spending.

    “Domestic demand grew only 0.9% in 2Q26 with net trade providing the lift to overall GDP,” the BofA economists also noted. “Within domestic demand, private consumption slowed, investments shrunk, and government spending was unable to fully cushion.”

    Let me end this post by asking you readers: What is your reaction to this recent development? Do you think the Philippines will continue to be the economic weakling of ASEAN this year? Has the weak economic growth of the Philippines affected you in many ways?

    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 at https://www.instagram.com/authorcarlocarrasco

    #America #ASEAN #ASEANSummit #Asia #AssociationOfSoutheastAsianNationsASEAN #BangkoSentralNgPilipinasBSP #BankOfAmerica #BankOfAmericaBofA #Bing #BongbongMarcos #business #businessNews #BusinessWorld #CarloCarrasco #ChatGPT #economicGrowth #economics #economy #EconomyOfThePhilippines #Facebook #Fediverse #finance #foreignDirectInvestmentFDI #foreignInvestment #foreignInvestor #GDP #GDPGrowth #geek #Google #GoogleSearch #governance #grossDomesticProductGDP #growth #Indonesia #inflation #Instagram #Investagrams #investing #investment #investors #Japan #jobs #Malaysia #Marcos #Mastodon #money #multiculturalism #news #Nippon #Philippines #PhilippinesBlog #Pinoy #PresidentMarcos #publicService #Singapore #socialMedia #SoutheastAsia #technology #Thailand #Twitter #UnitedStatesOfAmericaUSA #USA #WordPress #WordPressCom
  4. American Funding Aims to Turn Subic Bay Port into Gateway for planned AI Industrial Hub

    In a serious bid to encourage more investments into the Philippines, the United States of America will be providing financial support for feasibility studies on the proposed expansion of the facilities at the port of Subic Bay as well as the establishment of public WiFi access points in key locations, according to a Manila Bulletin news report. These developments point to turning the Subic Bay port into a key gateway for the planned artificial intelligence (AI) industrial hub while improving WiFi access with the nation in mind.

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

    The United States (US) is providing funding support for feasibility studies on the proposed expansion of port facilities at Subic Bay and the establishment of public WiFi access points in a bid to encourage more investments into the Philippines.

    The US Trade and Development Agency (USTDA) said on Thursday, Sept. 10, that it will provide a grant to ship repair firm Subic Drydock Corp. (SDC) for a feasibility study to advance the expansion of a key port ship repair facility.

    SDC will secure the services of a California-based engineering consulting firm to conduct the study, according to the USTDA.

    The study is expected to support the technical and engineering design to expand SDC’s existing berth within the Subic Bay Freeport Zone to accommodate larger vessels.

    The expanded capacity will help meet the growing demand for ship repair and maintenance services, reinforcing Subic Bay’s strategic role in the Luzon Economic Corridor (LEC).

    Subic Bay is one of four major economic hubs within the LEC that is set to play a critical role in the corridor’s economic development.

    Established by the Philippines, US, and Japan, the LEC intends to enhance connectivity between Subic Bay, Clark, Manila, and Batangas, which account for approximately 50 percent of the country’s gross domestic product (GDP).

    Earlier, the Port of Subic Bay was designated as the “preferred maritime gateway” for the planned artificial intelligence (AI) industrial hub in New Clark City.

    The port is expected to handle the import, export, handling, storage, and transport of the inputs necessary to support the advanced manufacturing operations in the industrial hub.

    Meanwhile, the USTDA will also provide a funding grant to Uy-led ComClark Network and Technology Corp. for the proposed creation of a nationwide network of public WiFi access points.

    ComClark has selected California-based advisory services firm Connectivity Capital LLC to conduct the feasibility study, the agency said.

    The study covers the pilot implementation of AI-enhanced WiFi access points at six sites to determine market demand, technical requirements, commercial feasibility, and financial projections.

    The USTDA said the findings of the study would help lay the groundwork for a potential deployment of the access points at nearly 8,000 locations by 2030, which is expected to widen access to reliable connectivity in the country.

    USTDA Deputy Director Thomas Hardy said funding support for the two feasibility studies helps reinforce the US’ commitment to supporting the Philippine government’s and private sector’s infrastructure priorities.

    Let me end this post by asking you readers: What is your reaction to this recent development? Do you welcome the American funding for the Subic Bay port facility improvements as well as the enhancement of public WiFi access? What is your opinion about the economic potential of the Luzon Economic Corridor?

    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 at https://www.instagram.com/authorcarlocarrasco

    #AirTravel #airport #ArtificialIntelligenceAI #ASEAN #Asia #AssociationOfSoutheastAsianNationsASEAN #Bing #business #businessNews #CarloCarrasco #ChatGPT #economics #economy #EconomyOfThePhilippines #Facebook #Fediverse #finance #foreignInvestors #foreignTourists #GDP #GDPGrowth #geek #Google #GoogleSearch #governance #grossDomesticProductGDP #growth #holiday #industry #infrastructure #Instagram #internationalTrade #internationalTravel #Internet #InternetAccess #Investagrams #investing #investment #investors #jobs #localTourists #LuzonEconomicCorridorLEC #Mastodon #modernization #money #NewClarkCity #news #Philippines #PhilippinesBlog #Pinoy #PortOfSubic #PortOfSubicBay #publicService #seaport #socialMedia #SoutheastAsia #SubicBay #SubicBayFreeportZone #SubicDrydockCorpSDC #Tarlac #technology #tourism #tourismBlog #tourists #trade #trading #travel #travelBlog #Twitter #USTradeAndDevelopmentAgencyUSTDA #USTDA #WiFi #wireless #wirelessInternet #WordPress #WordPressCom #worldTravel
  5. American Funding Aims to Turn Subic Bay Port into Gateway for planned AI Industrial Hub

    In a serious bid to encourage more investments into the Philippines, the United States of America will be providing financial support for feasibility studies on the proposed expansion of the facilities at the port of Subic Bay as well as the establishment of public WiFi access points in key locations, according to a Manila Bulletin news report. These developments point to turning the Subic Bay port into a key gateway for the planned artificial intelligence (AI) industrial hub while improving WiFi access with the nation in mind.

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

    The United States (US) is providing funding support for feasibility studies on the proposed expansion of port facilities at Subic Bay and the establishment of public WiFi access points in a bid to encourage more investments into the Philippines.

    The US Trade and Development Agency (USTDA) said on Thursday, Sept. 10, that it will provide a grant to ship repair firm Subic Drydock Corp. (SDC) for a feasibility study to advance the expansion of a key port ship repair facility.

    SDC will secure the services of a California-based engineering consulting firm to conduct the study, according to the USTDA.

    The study is expected to support the technical and engineering design to expand SDC’s existing berth within the Subic Bay Freeport Zone to accommodate larger vessels.

    The expanded capacity will help meet the growing demand for ship repair and maintenance services, reinforcing Subic Bay’s strategic role in the Luzon Economic Corridor (LEC).

    Subic Bay is one of four major economic hubs within the LEC that is set to play a critical role in the corridor’s economic development.

    Established by the Philippines, US, and Japan, the LEC intends to enhance connectivity between Subic Bay, Clark, Manila, and Batangas, which account for approximately 50 percent of the country’s gross domestic product (GDP).

    Earlier, the Port of Subic Bay was designated as the “preferred maritime gateway” for the planned artificial intelligence (AI) industrial hub in New Clark City.

    The port is expected to handle the import, export, handling, storage, and transport of the inputs necessary to support the advanced manufacturing operations in the industrial hub.

    Meanwhile, the USTDA will also provide a funding grant to Uy-led ComClark Network and Technology Corp. for the proposed creation of a nationwide network of public WiFi access points.

    ComClark has selected California-based advisory services firm Connectivity Capital LLC to conduct the feasibility study, the agency said.

    The study covers the pilot implementation of AI-enhanced WiFi access points at six sites to determine market demand, technical requirements, commercial feasibility, and financial projections.

    The USTDA said the findings of the study would help lay the groundwork for a potential deployment of the access points at nearly 8,000 locations by 2030, which is expected to widen access to reliable connectivity in the country.

    USTDA Deputy Director Thomas Hardy said funding support for the two feasibility studies helps reinforce the US’ commitment to supporting the Philippine government’s and private sector’s infrastructure priorities.

    Let me end this post by asking you readers: What is your reaction to this recent development? Do you welcome the American funding for the Subic Bay port facility improvements as well as the enhancement of public WiFi access? What is your opinion about the economic potential of the Luzon Economic Corridor?

    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 at https://www.instagram.com/authorcarlocarrasco

    #AirTravel #airport #ArtificialIntelligenceAI #ASEAN #Asia #AssociationOfSoutheastAsianNationsASEAN #Bing #business #businessNews #CarloCarrasco #ChatGPT #economics #economy #EconomyOfThePhilippines #Facebook #Fediverse #finance #foreignInvestors #foreignTourists #GDP #GDPGrowth #geek #Google #GoogleSearch #governance #grossDomesticProductGDP #growth #holiday #industry #infrastructure #Instagram #internationalTrade #internationalTravel #Internet #InternetAccess #Investagrams #investing #investment #investors #jobs #localTourists #LuzonEconomicCorridorLEC #Mastodon #modernization #money #NewClarkCity #news #Philippines #PhilippinesBlog #Pinoy #PortOfSubic #PortOfSubicBay #publicService #seaport #socialMedia #SoutheastAsia #SubicBay #SubicBayFreeportZone #SubicDrydockCorpSDC #Tarlac #technology #tourism #tourismBlog #tourists #trade #trading #travel #travelBlog #Twitter #USTradeAndDevelopmentAgencyUSTDA #USTDA #WiFi #wireless #wirelessInternet #WordPress #WordPressCom #worldTravel
  6. American Funding Aims to Turn Subic Bay Port into Gateway for planned AI Industrial Hub

    In a serious bid to encourage more investments into the Philippines, the United States of America will be providing financial support for feasibility studies on the proposed expansion of the facilities at the port of Subic Bay as well as the establishment of public WiFi access points in key locations, according to a Manila Bulletin news report. These developments point to turning the Subic Bay port into a key gateway for the planned artificial intelligence (AI) industrial hub while improving WiFi access with the nation in mind.

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

    The United States (US) is providing funding support for feasibility studies on the proposed expansion of port facilities at Subic Bay and the establishment of public WiFi access points in a bid to encourage more investments into the Philippines.

    The US Trade and Development Agency (USTDA) said on Thursday, Sept. 10, that it will provide a grant to ship repair firm Subic Drydock Corp. (SDC) for a feasibility study to advance the expansion of a key port ship repair facility.

    SDC will secure the services of a California-based engineering consulting firm to conduct the study, according to the USTDA.

    The study is expected to support the technical and engineering design to expand SDC’s existing berth within the Subic Bay Freeport Zone to accommodate larger vessels.

    The expanded capacity will help meet the growing demand for ship repair and maintenance services, reinforcing Subic Bay’s strategic role in the Luzon Economic Corridor (LEC).

    Subic Bay is one of four major economic hubs within the LEC that is set to play a critical role in the corridor’s economic development.

    Established by the Philippines, US, and Japan, the LEC intends to enhance connectivity between Subic Bay, Clark, Manila, and Batangas, which account for approximately 50 percent of the country’s gross domestic product (GDP).

    Earlier, the Port of Subic Bay was designated as the “preferred maritime gateway” for the planned artificial intelligence (AI) industrial hub in New Clark City.

    The port is expected to handle the import, export, handling, storage, and transport of the inputs necessary to support the advanced manufacturing operations in the industrial hub.

    Meanwhile, the USTDA will also provide a funding grant to Uy-led ComClark Network and Technology Corp. for the proposed creation of a nationwide network of public WiFi access points.

    ComClark has selected California-based advisory services firm Connectivity Capital LLC to conduct the feasibility study, the agency said.

    The study covers the pilot implementation of AI-enhanced WiFi access points at six sites to determine market demand, technical requirements, commercial feasibility, and financial projections.

    The USTDA said the findings of the study would help lay the groundwork for a potential deployment of the access points at nearly 8,000 locations by 2030, which is expected to widen access to reliable connectivity in the country.

    USTDA Deputy Director Thomas Hardy said funding support for the two feasibility studies helps reinforce the US’ commitment to supporting the Philippine government’s and private sector’s infrastructure priorities.

    Let me end this post by asking you readers: What is your reaction to this recent development? Do you welcome the American funding for the Subic Bay port facility improvements as well as the enhancement of public WiFi access? What is your opinion about the economic potential of the Luzon Economic Corridor?

    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 at https://www.instagram.com/authorcarlocarrasco

    #AirTravel #airport #ArtificialIntelligenceAI #ASEAN #Asia #AssociationOfSoutheastAsianNationsASEAN #Bing #business #businessNews #CarloCarrasco #ChatGPT #economics #economy #EconomyOfThePhilippines #Facebook #Fediverse #finance #foreignInvestors #foreignTourists #GDP #GDPGrowth #geek #Google #GoogleSearch #governance #grossDomesticProductGDP #growth #holiday #industry #infrastructure #Instagram #internationalTrade #internationalTravel #Internet #InternetAccess #Investagrams #investing #investment #investors #jobs #localTourists #LuzonEconomicCorridorLEC #Mastodon #modernization #money #NewClarkCity #news #Philippines #PhilippinesBlog #Pinoy #PortOfSubic #PortOfSubicBay #publicService #seaport #socialMedia #SoutheastAsia #SubicBay #SubicBayFreeportZone #SubicDrydockCorpSDC #Tarlac #technology #tourism #tourismBlog #tourists #trade #trading #travel #travelBlog #Twitter #USTradeAndDevelopmentAgencyUSTDA #USTDA #WiFi #wireless #wirelessInternet #WordPress #WordPressCom #worldTravel
  7. Where Europe spends its money: A look at public spending across the continent.

    European governments allocate the largest share of their spending to social protection, while the second-largest category varies across countries.

    Euronews Business takes a closer look at how governments spend public money on services.

    mediafaro.org/article/20260916

    #Europe #Government #PublicSector #PublicService #Welfare #PublicSpending #Politics #Healthcare #Education #Pensions

  8. Las Piñas City Court Sentences Foreign National To Life Imprisonment Over 71 Kilos Of Shabu

    Recently in the City of Las Piñas, a Regional Trial Court (RTC) sentenced a Taiwanese national to life imprisonment after finding him guilty of possessing more than seventy kilos of shabu, according to a Manila Bulletin news report. The convict was also ordered to pay a fine of P2 million.

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

    The Las Piñas City Regional Trial Court sentenced a Taiwanese to life imprisonment after finding him guilty of possessing over P250 million worth of shabu following a search warrant operation, the Philippine Drug Enforcement Agency (PDEA) said on Tuesday, July 21.

    Citing decision from the Las Piñas City Regional Trial Court Branch 255, PDEA said “Chen Te Ho Chang with aliases “Tanda’’ and Te Hi Chen’’ was found guilty of violating Section 11 (Possession of Dangerous Drugs), Article II of Republic Act 9165 or “The Comprehensive Dangerous Drugs Act of 2002″ for possession of 71 kilos of shabu.

    Aside from life imprisonment, the court also ordered Chen to pay a P2 million fine.

    The conviction arose from the implementation of a search warrant on June 13, 2017, at a warehouse leased by the accused in BF Martinville Subdivision, Manuyo, Las Piñas City,’’ the PDEA said.

    Prior to the warehouse raid, Chen was arrested during an interdiction operation conducted by PDEA and the Philippine National Police (PNP) inside a hotel in Parañaque City on June 3, 2017.

    PDEA Director General Isagani R. Nerez said the conviction demonstrates the government’s resolve to ensure that major drug cases culminate in successful prosecution.

    “This conviction affirms that our anti-illegal drug campaign extends beyond arrests and seizures. We remain steadfast in building strong cases that will withstand judicial scrutiny and ensure that drug traffickers are convicted and punished to the fullest extent of the law. Justice is best served when those responsible are held fully accountable,’’ Nerez pointed out.

    The PDEA chief noted that transnational drug syndicates continue to exploit leased warehouses and storage facilities to conceal large quantities of illegal drugs before distribution.

    Let me end this piece by asking you readers: If you are a resident of Las Piñas City, what is your reaction to this development? Do you think there are absolutely no illegal drugs hidden within your local community?

    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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