#publicservice — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #publicservice, aggregated by home.social.
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American Companies Express Strong Interest to Invest in Luzon Economic Corridor
During the Luzon Economic Corridor Investment Forum recently held at the Best Western Hotel inside the Subic Bay Freeport Zone, representatives of several American companies expressed strong interest to invest in the Luzon Economic Corridor (LEC), the Subic Bay Metropolitan Authority (SBMA) revealed.
To put things in perspective, posted below is an excerpt from the SBMA announcement. Some parts in boldface…
Representatives from approximately 50 U.S. companies have expressed strong interest in investing in the Luzon Economic Corridor (LEC), a key economic zone recognized for its strategic role in the logistics sector.
Leading the delegation was Thomas R. Hardy, Deputy Director and Chief Operating Officer of the U.S. Trade and Development Agency (USTDA), during the Luzon Economic Corridor Investment Forum held at the Best Western Hotel, Subic Bay Freeport.
Joining the delegation consisting not only of American businesses, were representatives from international companies, development partners, and major financial institutions seeking to explore business opportunities within Subic Bay Freeport and the broader LEC region.
Subic Bay Metropolitan Authority (SBMA) Chairman and Administrator Eduardo Jose L. Aliño, together with other SBMA officials, warmly welcomed the delegates. They were joined by stakeholders from the Subic Bay International Terminal Corporation (SBITC) and other freeport investors aiming to engage in productive Business-to-Business (B2B) engagements, addressing inquiries from the visiting foreign companies.
“As the host of the Subic leg of the LEC Investment Forum, this delegation has a unique opportunity to participate in meaningful B2B discussions, tour Subic Freeport, and explore avenues for deepening economic integration across the Luzon Economic Corridor. Participants are highly encouraged to explore investment opportunities, pathways to collaborate, and how they can positively impact the success of the LEC initiative,” said Chairman Aliño.
Sponsored by the USTDA, Aliño emphasized that this visit highlights Subic Bay Freeport’s vital role in the LEC’s foundational tripartite partnership among the Philippines, the United States, and Japan.
He further noted that the LEC project has since expanded to include partners from Australia, Canada, Denmark, France, Italy, South Korea, Sweden, and the United Kingdom. “This is excellent news for Subic Bay as a critical western maritime gateway and strategic logistics hub, connecting major centers such as Clark, Manila, and Batangas. It underscores our commitment to advancing infrastructure, enhancing supply chain resilience, and attracting technology investments within the corridor,” Aliño added.
In line with these developments, the USTDA reaffirmed its support for secure, robust, and resilient supply chains by facilitating the expansion of port infrastructure at Subic Bay.
Let me end this post by asking you readers: What is your reaction to this recent development? Do you feel confident that the American companies that attended the important forum will indeed push through with investing in the Luzon Economic Corridor in the near future? Do you think their investment plans will create a lot new job opportunities for Filipinos?
You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.
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Thank you for reading. If you find this article engaging, please click the like button below, share this article to others and also please consider making a donation to support my publishing. If you are looking for a copywriter to create content for your special project or business, check out my services and my portfolio. Feel free to contact me with a private message. Also please feel free to visit my Facebook page Author Carlo Carrasco and follow me on Twitter at @CarloCarrascoPH as well as on Tumblr at https://carlocarrasco.tumblr.com/ and on Instagram at https://www.instagram.com/authorcarlocarrasco
#AirTravel #airport #America #ArtificialIntelligenceAI #ASEAN #Asia #AssociationOfSoutheastAsianNationsASEAN #Australia #BestWestern #BestWesternPlusHotelSubic #Bing #business #businessNews #Canada #CarloCarrasco #ChatGPT #economics #economy #EconomyOfThePhilippines #EduardoJoseLAliño #Facebook #Fediverse #finance #foreignInvestors #foreignTourists #France #geek #Google #GoogleSearch #governance #holiday #industry #infrastructure #Instagram #internationalTrade #internationalTravel #Investagrams #investing #investment #investors #Italy #Japan #jobs #localTourists #LuzonEconomicCorridorLEC #Mastodon #modernization #money #news #Nippon #Philippines #PhilippinesBlog #Pinoy #publicService #SBMA #seaport #socialMedia #SouthKorea #SoutheastAsia #SubicBay #SubicBayFreeportZone #SubicBayInternationalTerminalCorporationSBITC #SubicBayMetropolitanAuthoritySBMA #SubicDrydockCorporation #Sweden #technology #tourism #tourismBlog #tourists #trade #trading #travel #travelBlog #Twitter #UnitedKingdomUK #UnitedStates #UnitedStatesOfAmerica #UnitedStatesOfAmericaUSA #USTradeAndDevelopmentAgencyUSTDA #USA #USTDA #WordPress #WordPressCom #worldTravel -
American Companies Express Strong Interest to Invest in Luzon Economic Corridor
During the Luzon Economic Corridor Investment Forum recently held at the Best Western Hotel inside the Subic Bay Freeport Zone, representatives of several American companies expressed strong interest to invest in the Luzon Economic Corridor (LEC), the Subic Bay Metropolitan Authority (SBMA) revealed.
To put things in perspective, posted below is an excerpt from the SBMA announcement. Some parts in boldface…
Representatives from approximately 50 U.S. companies have expressed strong interest in investing in the Luzon Economic Corridor (LEC), a key economic zone recognized for its strategic role in the logistics sector.
Leading the delegation was Thomas R. Hardy, Deputy Director and Chief Operating Officer of the U.S. Trade and Development Agency (USTDA), during the Luzon Economic Corridor Investment Forum held at the Best Western Hotel, Subic Bay Freeport.
Joining the delegation consisting not only of American businesses, were representatives from international companies, development partners, and major financial institutions seeking to explore business opportunities within Subic Bay Freeport and the broader LEC region.
Subic Bay Metropolitan Authority (SBMA) Chairman and Administrator Eduardo Jose L. Aliño, together with other SBMA officials, warmly welcomed the delegates. They were joined by stakeholders from the Subic Bay International Terminal Corporation (SBITC) and other freeport investors aiming to engage in productive Business-to-Business (B2B) engagements, addressing inquiries from the visiting foreign companies.
“As the host of the Subic leg of the LEC Investment Forum, this delegation has a unique opportunity to participate in meaningful B2B discussions, tour Subic Freeport, and explore avenues for deepening economic integration across the Luzon Economic Corridor. Participants are highly encouraged to explore investment opportunities, pathways to collaborate, and how they can positively impact the success of the LEC initiative,” said Chairman Aliño.
Sponsored by the USTDA, Aliño emphasized that this visit highlights Subic Bay Freeport’s vital role in the LEC’s foundational tripartite partnership among the Philippines, the United States, and Japan.
He further noted that the LEC project has since expanded to include partners from Australia, Canada, Denmark, France, Italy, South Korea, Sweden, and the United Kingdom. “This is excellent news for Subic Bay as a critical western maritime gateway and strategic logistics hub, connecting major centers such as Clark, Manila, and Batangas. It underscores our commitment to advancing infrastructure, enhancing supply chain resilience, and attracting technology investments within the corridor,” Aliño added.
In line with these developments, the USTDA reaffirmed its support for secure, robust, and resilient supply chains by facilitating the expansion of port infrastructure at Subic Bay.
Let me end this post by asking you readers: What is your reaction to this recent development? Do you feel confident that the American companies that attended the important forum will indeed push through with investing in the Luzon Economic Corridor in the near future? Do you think their investment plans will create a lot new job opportunities for Filipinos?
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 #America #ArtificialIntelligenceAI #ASEAN #Asia #AssociationOfSoutheastAsianNationsASEAN #Australia #BestWestern #BestWesternPlusHotelSubic #Bing #business #businessNews #Canada #CarloCarrasco #ChatGPT #economics #economy #EconomyOfThePhilippines #EduardoJoseLAliño #Facebook #Fediverse #finance #foreignInvestors #foreignTourists #France #geek #Google #GoogleSearch #governance #holiday #industry #infrastructure #Instagram #internationalTrade #internationalTravel #Investagrams #investing #investment #investors #Italy #Japan #jobs #localTourists #LuzonEconomicCorridorLEC #Mastodon #modernization #money #news #Nippon #Philippines #PhilippinesBlog #Pinoy #publicService #SBMA #seaport #socialMedia #SouthKorea #SoutheastAsia #SubicBay #SubicBayFreeportZone #SubicBayInternationalTerminalCorporationSBITC #SubicBayMetropolitanAuthoritySBMA #SubicDrydockCorporation #Sweden #technology #tourism #tourismBlog #tourists #trade #trading #travel #travelBlog #Twitter #UnitedKingdomUK #UnitedStates #UnitedStatesOfAmerica #UnitedStatesOfAmericaUSA #USTradeAndDevelopmentAgencyUSTDA #USA #USTDA #WordPress #WordPressCom #worldTravel -
American Companies Express Strong Interest to Invest in Luzon Economic Corridor
During the Luzon Economic Corridor Investment Forum recently held at the Best Western Hotel inside the Subic Bay Freeport Zone, representatives of several American companies expressed strong interest to invest in the Luzon Economic Corridor (LEC), the Subic Bay Metropolitan Authority (SBMA) revealed.
To put things in perspective, posted below is an excerpt from the SBMA announcement. Some parts in boldface…
Representatives from approximately 50 U.S. companies have expressed strong interest in investing in the Luzon Economic Corridor (LEC), a key economic zone recognized for its strategic role in the logistics sector.
Leading the delegation was Thomas R. Hardy, Deputy Director and Chief Operating Officer of the U.S. Trade and Development Agency (USTDA), during the Luzon Economic Corridor Investment Forum held at the Best Western Hotel, Subic Bay Freeport.
Joining the delegation consisting not only of American businesses, were representatives from international companies, development partners, and major financial institutions seeking to explore business opportunities within Subic Bay Freeport and the broader LEC region.
Subic Bay Metropolitan Authority (SBMA) Chairman and Administrator Eduardo Jose L. Aliño, together with other SBMA officials, warmly welcomed the delegates. They were joined by stakeholders from the Subic Bay International Terminal Corporation (SBITC) and other freeport investors aiming to engage in productive Business-to-Business (B2B) engagements, addressing inquiries from the visiting foreign companies.
“As the host of the Subic leg of the LEC Investment Forum, this delegation has a unique opportunity to participate in meaningful B2B discussions, tour Subic Freeport, and explore avenues for deepening economic integration across the Luzon Economic Corridor. Participants are highly encouraged to explore investment opportunities, pathways to collaborate, and how they can positively impact the success of the LEC initiative,” said Chairman Aliño.
Sponsored by the USTDA, Aliño emphasized that this visit highlights Subic Bay Freeport’s vital role in the LEC’s foundational tripartite partnership among the Philippines, the United States, and Japan.
He further noted that the LEC project has since expanded to include partners from Australia, Canada, Denmark, France, Italy, South Korea, Sweden, and the United Kingdom. “This is excellent news for Subic Bay as a critical western maritime gateway and strategic logistics hub, connecting major centers such as Clark, Manila, and Batangas. It underscores our commitment to advancing infrastructure, enhancing supply chain resilience, and attracting technology investments within the corridor,” Aliño added.
In line with these developments, the USTDA reaffirmed its support for secure, robust, and resilient supply chains by facilitating the expansion of port infrastructure at Subic Bay.
Let me end this post by asking you readers: What is your reaction to this recent development? Do you feel confident that the American companies that attended the important forum will indeed push through with investing in the Luzon Economic Corridor in the near future? Do you think their investment plans will create a lot new job opportunities for Filipinos?
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 #America #ArtificialIntelligenceAI #ASEAN #Asia #AssociationOfSoutheastAsianNationsASEAN #Australia #BestWestern #BestWesternPlusHotelSubic #Bing #business #businessNews #Canada #CarloCarrasco #ChatGPT #economics #economy #EconomyOfThePhilippines #EduardoJoseLAliño #Facebook #Fediverse #finance #foreignInvestors #foreignTourists #France #geek #Google #GoogleSearch #governance #holiday #industry #infrastructure #Instagram #internationalTrade #internationalTravel #Investagrams #investing #investment #investors #Italy #Japan #jobs #localTourists #LuzonEconomicCorridorLEC #Mastodon #modernization #money #news #Nippon #Philippines #PhilippinesBlog #Pinoy #publicService #SBMA #seaport #socialMedia #SouthKorea #SoutheastAsia #SubicBay #SubicBayFreeportZone #SubicBayInternationalTerminalCorporationSBITC #SubicBayMetropolitanAuthoritySBMA #SubicDrydockCorporation #Sweden #technology #tourism #tourismBlog #tourists #trade #trading #travel #travelBlog #Twitter #UnitedKingdomUK #UnitedStates #UnitedStatesOfAmerica #UnitedStatesOfAmericaUSA #USTradeAndDevelopmentAgencyUSTDA #USA #USTDA #WordPress #WordPressCom #worldTravel -
The rights of civil servants who were arbitrarily dismissed can be defended "by adopting a material form acceptable to the authorities and not overly subversive (compared to distributing leaflets, for example), thereby enabling the mobilization to survive."
Anne-Laure Mahé (2025). https://shs.cairn.info/journal-critique-internationale-2024-1-page-93?lang=en
#subversion #dissidents #administration #publicService #government #Sudan
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The rights of civil servants who were arbitrarily dismissed can be defended "by adopting a material form acceptable to the authorities and not overly subversive (compared to distributing leaflets, for example), thereby enabling the mobilization to survive."
Anne-Laure Mahé (2025). https://shs.cairn.info/journal-critique-internationale-2024-1-page-93?lang=en
#subversion #dissidents #administration #publicService #government #Sudan
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The rights of civil servants who were arbitrarily dismissed can be defended "by adopting a material form acceptable to the authorities and not overly subversive (compared to distributing leaflets, for example), thereby enabling the mobilization to survive."
Anne-Laure Mahé (2025). https://shs.cairn.info/journal-critique-internationale-2024-1-page-93?lang=en
#subversion #dissidents #administration #publicService #government #Sudan
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The rights of civil servants who were arbitrarily dismissed can be defended "by adopting a material form acceptable to the authorities and not overly subversive (compared to distributing leaflets, for example), thereby enabling the mobilization to survive."
Anne-Laure Mahé (2025). https://shs.cairn.info/journal-critique-internationale-2024-1-page-93?lang=en
#subversion #dissidents #administration #publicService #government #Sudan
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🏛️ 👮♀️ 👩🏫 💵
This morning, the St. Louis Post-Dispatch published the 2026 edition of its Public Pay database!Explore how much government employees earned in 2025 — mayors, teachers, drivers, police, and others.
This project helps the public see how tax money is being spent, and serves as a form of public accountability.
#stl #stlouis #missouri #opendata #accountability #publicservice #localjournalism #localnews #datajournalism
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🏛️ 👮♀️ 👩🏫 💵
This morning, the St. Louis Post-Dispatch published the 2026 edition of its Public Pay database!Explore how much government employees earned in 2025 — mayors, teachers, drivers, police, and others.
This project helps the public see how tax money is being spent, and serves as a form of public accountability.
#stl #stlouis #missouri #opendata #accountability #publicservice #localjournalism #localnews #datajournalism
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🏛️ 👮♀️ 👩🏫 💵
This morning, the St. Louis Post-Dispatch published the 2026 edition of its Public Pay database!Explore how much government employees earned in 2025 — mayors, teachers, drivers, police, and others.
This project helps the public see how tax money is being spent, and serves as a form of public accountability.
#stl #stlouis #missouri #opendata #accountability #publicservice #localjournalism #localnews #datajournalism
-
🏛️ 👮♀️ 👩🏫 💵
This morning, the St. Louis Post-Dispatch published the 2026 edition of its Public Pay database!Explore how much government employees earned in 2025 — mayors, teachers, drivers, police, and others.
This project helps the public see how tax money is being spent, and serves as a form of public accountability.
#stl #stlouis #missouri #opendata #accountability #publicservice #localjournalism #localnews #datajournalism
-
🏛️ 👮♀️ 👩🏫 💵
This morning, the St. Louis Post-Dispatch published the 2026 edition of its Public Pay database!Explore how much government employees earned in 2025 — mayors, teachers, drivers, police, and others.
This project helps the public see how tax money is being spent, and serves as a form of public accountability.
#stl #stlouis #missouri #opendata #accountability #publicservice #localjournalism #localnews #datajournalism
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Philippines Economic Weakness Continues As 2nd Quarter GDP Growth Lands At 2.3%
The economy of the Philippines slowed down even further in the 2nd quarter of 2026 landing at 2.3%, according to a news report by GMA News. Embarrassingly, this made the Philippines an economic weakling among the members of the Association of Southeast Asian Nations (ASEAN).
By comparison, the economy of the Philippines achieved only 2.8% growth in the 1st quarter of this year. The nation’s economic growth for 2025 was at 4.4%
To put things in perspective, posted below is an excerpt from the GMA News report. Some parts in boldface…
The Philippine economy continued to slow down in the second quarter of 2026, still due to a subdued investor and consumer sentiment amid the lingering effects of the flood control corruption scandal and the inflationary pressure brought by Middle East crisis-induced global fuel price shocks, the Philippine Statistics Authority (PSA) reported on Friday.
At a press conference, PSA chief and National Statistician Claire Dennis Mapa said the economy, as measured by gross domestic product (GDP)—the value of goods and services produced in a period— grew 2.3% in the April to June 2026 period, slower than the 2.8% growth seen in the first quarter of 2026.
This is the economy’s weakest footing since the fourth quarter of 2009 —excluding the contraction seen during the COVID-19 pandemic years— when the GDP growth rate was at 1.8%.
The 2.8% second quarter GDP growth put the Philippines behind its neighbors in Southeast Asia that already released their April to June economic growth rates such as Indonesia at 5.29%, Vietnam at 8.39%, and Singapore at 5.7%.
The first half of 2026 GDP growth rate stood at 2.6%, still behind the government’s downwardly revised target of 3.5% to 4.5% for the entire year.
Despite the economic slowdown, Department of Economy, Planning, and Development (DEPDev) Secretary Arsenio Balisacan said, “What we are experiencing right now, I believe, is transitory, temporary.”
“Domestic demand remained subdued, mainly because total investment continued to contract as public construction declined. Household consumption growth also moderated amid higher inflation, job losses, and lower remittance receipts arising from the Middle East conflict,” Balisacan said.
Household final consumption expenditure grew 2.8%, slower than 5.2% in the same period last year, weighed by contractions in transport (-7.5%), alcoholic beverages and tobacco (-1.9%), recreation and culture (-0.8%), and restaurants and hotels (-0.2%).
Government expenditure, likewise, slowed down by 8.3% from 8.7% year-on-year; while gross capital formation (GCF) —which measures investments— contracted by 9.2% from a growth rate of 0.9% a year ago.
The decline in GCF was due to the decline in construction at 14.8% with government spending on construction contracting 32.4%.
“Although public construction is a small part of the economy, the amount of contraction, at 32%, brought a significant impact on the economy,” Balisacan said.
“The sharp decline in public construction was the main contributor in the decline in investments… driven by continuous caution due to the flood control scandal,” the country’s chief economist said.
Among the major economic sectors, agriculture posted a growth rate of 2.7%, slower than 7% year-on-year; industry declined by 2.4%, from an increase of 2.1% weighed by the construction’s depreciation; services grew slower at 4.5% from 6.9%.
Agriculture, industry, and services sector contributed 7.5%, 27.9%, and 63.3%, respectively to the total GDP during the quarter.
Let me end this post by asking you readers: What is your reaction to this recent development? Do you think the economy of the Philippines will eventually fall into a recession in 2027? Do you believe that the hosting of the ASEAN summit by the Philippines will result in economic miracles and more foreign investment?
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
#agriculture #ASEAN #Asia #AssociationOfSoutheastAsianNationsASEAN #Bing #BongbongMarcos #business #businessNews #CarloCarrasco #ChatGPT #Conflict #construction #DepartmentOfEconomy #economicGrowth #economicRecession #economics #economy #EconomyOfThePhilippines #Facebook #finance #food #GDP #GDPGrowth #geek #GMANetwork #GMANews #Google #GoogleSearch #governance #grossDomesticProductGDP #growth #inflation #Instagram #Investagrams #jobs #Marcos #MiddleEast #money #multiculturalism #news #PhilippineStatisticsAuthorityPSA #Philippines #PhilippinesBlog #Pinoy #PlanningAndDevelopmentDEPDev #PresidentMarcos #publicService #recession #socialMedia #soldiers #SoutheastAsia #technology #transitory #transportation #Twitter #war #WordPress #WordPressCom -
Philippines Economic Weakness Continues As 2nd Quarter GDP Growth Lands At 2.3%
The economy of the Philippines slowed down even further in the 2nd quarter of 2026 landing at 2.3%, according to a news report by GMA News. Embarrassingly, this made the Philippines an economic weakling among the members of the Association of Southeast Asian Nations (ASEAN).
By comparison, the economy of the Philippines achieved only 2.8% growth in the 1st quarter of this year. The nation’s economic growth for 2025 was at 4.4%
To put things in perspective, posted below is an excerpt from the GMA News report. Some parts in boldface…
The Philippine economy continued to slow down in the second quarter of 2026, still due to a subdued investor and consumer sentiment amid the lingering effects of the flood control corruption scandal and the inflationary pressure brought by Middle East crisis-induced global fuel price shocks, the Philippine Statistics Authority (PSA) reported on Friday.
At a press conference, PSA chief and National Statistician Claire Dennis Mapa said the economy, as measured by gross domestic product (GDP)—the value of goods and services produced in a period— grew 2.3% in the April to June 2026 period, slower than the 2.8% growth seen in the first quarter of 2026.
This is the economy’s weakest footing since the fourth quarter of 2009 —excluding the contraction seen during the COVID-19 pandemic years— when the GDP growth rate was at 1.8%.
The 2.8% second quarter GDP growth put the Philippines behind its neighbors in Southeast Asia that already released their April to June economic growth rates such as Indonesia at 5.29%, Vietnam at 8.39%, and Singapore at 5.7%.
The first half of 2026 GDP growth rate stood at 2.6%, still behind the government’s downwardly revised target of 3.5% to 4.5% for the entire year.
Despite the economic slowdown, Department of Economy, Planning, and Development (DEPDev) Secretary Arsenio Balisacan said, “What we are experiencing right now, I believe, is transitory, temporary.”
“Domestic demand remained subdued, mainly because total investment continued to contract as public construction declined. Household consumption growth also moderated amid higher inflation, job losses, and lower remittance receipts arising from the Middle East conflict,” Balisacan said.
Household final consumption expenditure grew 2.8%, slower than 5.2% in the same period last year, weighed by contractions in transport (-7.5%), alcoholic beverages and tobacco (-1.9%), recreation and culture (-0.8%), and restaurants and hotels (-0.2%).
Government expenditure, likewise, slowed down by 8.3% from 8.7% year-on-year; while gross capital formation (GCF) —which measures investments— contracted by 9.2% from a growth rate of 0.9% a year ago.
The decline in GCF was due to the decline in construction at 14.8% with government spending on construction contracting 32.4%.
“Although public construction is a small part of the economy, the amount of contraction, at 32%, brought a significant impact on the economy,” Balisacan said.
“The sharp decline in public construction was the main contributor in the decline in investments… driven by continuous caution due to the flood control scandal,” the country’s chief economist said.
Among the major economic sectors, agriculture posted a growth rate of 2.7%, slower than 7% year-on-year; industry declined by 2.4%, from an increase of 2.1% weighed by the construction’s depreciation; services grew slower at 4.5% from 6.9%.
Agriculture, industry, and services sector contributed 7.5%, 27.9%, and 63.3%, respectively to the total GDP during the quarter.
Let me end this post by asking you readers: What is your reaction to this recent development? Do you think the economy of the Philippines will eventually fall into a recession in 2027? Do you believe that the hosting of the ASEAN summit by the Philippines will result in economic miracles and more foreign investment?
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
#agriculture #ASEAN #Asia #AssociationOfSoutheastAsianNationsASEAN #Bing #BongbongMarcos #business #businessNews #CarloCarrasco #ChatGPT #Conflict #construction #DepartmentOfEconomy #economicGrowth #economicRecession #economics #economy #EconomyOfThePhilippines #Facebook #finance #food #GDP #GDPGrowth #geek #GMANetwork #GMANews #Google #GoogleSearch #governance #grossDomesticProductGDP #growth #inflation #Instagram #Investagrams #jobs #Marcos #MiddleEast #money #multiculturalism #news #PhilippineStatisticsAuthorityPSA #Philippines #PhilippinesBlog #Pinoy #PlanningAndDevelopmentDEPDev #PresidentMarcos #publicService #recession #socialMedia #soldiers #SoutheastAsia #technology #transitory #transportation #Twitter #war #WordPress #WordPressCom -
Philippines Economic Weakness Continues As 2nd Quarter GDP Growth Lands At 2.3%
The economy of the Philippines slowed down even further in the 2nd quarter of 2026 landing at 2.3%, according to a news report by GMA News. Embarrassingly, this made the Philippines an economic weakling among the members of the Association of Southeast Asian Nations (ASEAN).
By comparison, the economy of the Philippines achieved only 2.8% growth in the 1st quarter of this year. The nation’s economic growth for 2025 was at 4.4%
To put things in perspective, posted below is an excerpt from the GMA News report. Some parts in boldface…
The Philippine economy continued to slow down in the second quarter of 2026, still due to a subdued investor and consumer sentiment amid the lingering effects of the flood control corruption scandal and the inflationary pressure brought by Middle East crisis-induced global fuel price shocks, the Philippine Statistics Authority (PSA) reported on Friday.
At a press conference, PSA chief and National Statistician Claire Dennis Mapa said the economy, as measured by gross domestic product (GDP)—the value of goods and services produced in a period— grew 2.3% in the April to June 2026 period, slower than the 2.8% growth seen in the first quarter of 2026.
This is the economy’s weakest footing since the fourth quarter of 2009 —excluding the contraction seen during the COVID-19 pandemic years— when the GDP growth rate was at 1.8%.
The 2.8% second quarter GDP growth put the Philippines behind its neighbors in Southeast Asia that already released their April to June economic growth rates such as Indonesia at 5.29%, Vietnam at 8.39%, and Singapore at 5.7%.
The first half of 2026 GDP growth rate stood at 2.6%, still behind the government’s downwardly revised target of 3.5% to 4.5% for the entire year.
Despite the economic slowdown, Department of Economy, Planning, and Development (DEPDev) Secretary Arsenio Balisacan said, “What we are experiencing right now, I believe, is transitory, temporary.”
“Domestic demand remained subdued, mainly because total investment continued to contract as public construction declined. Household consumption growth also moderated amid higher inflation, job losses, and lower remittance receipts arising from the Middle East conflict,” Balisacan said.
Household final consumption expenditure grew 2.8%, slower than 5.2% in the same period last year, weighed by contractions in transport (-7.5%), alcoholic beverages and tobacco (-1.9%), recreation and culture (-0.8%), and restaurants and hotels (-0.2%).
Government expenditure, likewise, slowed down by 8.3% from 8.7% year-on-year; while gross capital formation (GCF) —which measures investments— contracted by 9.2% from a growth rate of 0.9% a year ago.
The decline in GCF was due to the decline in construction at 14.8% with government spending on construction contracting 32.4%.
“Although public construction is a small part of the economy, the amount of contraction, at 32%, brought a significant impact on the economy,” Balisacan said.
“The sharp decline in public construction was the main contributor in the decline in investments… driven by continuous caution due to the flood control scandal,” the country’s chief economist said.
Among the major economic sectors, agriculture posted a growth rate of 2.7%, slower than 7% year-on-year; industry declined by 2.4%, from an increase of 2.1% weighed by the construction’s depreciation; services grew slower at 4.5% from 6.9%.
Agriculture, industry, and services sector contributed 7.5%, 27.9%, and 63.3%, respectively to the total GDP during the quarter.
Let me end this post by asking you readers: What is your reaction to this recent development? Do you think the economy of the Philippines will eventually fall into a recession in 2027? Do you believe that the hosting of the ASEAN summit by the Philippines will result in economic miracles and more foreign investment?
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
#agriculture #ASEAN #Asia #AssociationOfSoutheastAsianNationsASEAN #Bing #BongbongMarcos #business #businessNews #CarloCarrasco #ChatGPT #Conflict #construction #DepartmentOfEconomy #economicGrowth #economicRecession #economics #economy #EconomyOfThePhilippines #Facebook #finance #food #GDP #GDPGrowth #geek #GMANetwork #GMANews #Google #GoogleSearch #governance #grossDomesticProductGDP #growth #inflation #Instagram #Investagrams #jobs #Marcos #MiddleEast #money #multiculturalism #news #PhilippineStatisticsAuthorityPSA #Philippines #PhilippinesBlog #Pinoy #PlanningAndDevelopmentDEPDev #PresidentMarcos #publicService #recession #socialMedia #soldiers #SoutheastAsia #technology #transitory #transportation #Twitter #war #WordPress #WordPressCom -
Philippines July 2026 Inflation Still Above Government Ceiling
Inflation here in the Philippines for the month of July 2026 landed at 6.2% which is clearly above the government’s comfortable ceiling of 2% to 4%, according to a business news report by GMA News.
To put things in perspective, posted below is an excerpt from the GMA News business report. Some parts in boldface…
The country’s inflation rate slowed down further for the third straight month in July 2026 amid improved fuel supply conditions during the period, when the Middle East conflict was waning.
At a press briefing on Wednesday, National Statistician and Philippine Statistics Authority (PSA) chief Claire Dennis Mapa said inflation — the rate of increase in the prices of goods and services — slowed down 6.2% last month from 6.4% in June 2026.
July’s inflation print brought the year-to-date rate to 5%, still above the government’s comfortable ceiling of 2% to 4%.
Mapa said the main contributor to the downtrend was the slower increase in the Transport index at 11.9% from 12.8% month-on-month.
“Ito [Transport] ay may 57.4% share sa pagbaba ng pangkalahatang inflation sa bansa (It had a share of 57.4% to the overall deceleration of the country’s inflation),” the PSA chief said.
This as inflation for gasoline and other passenger transport by road slowed down to 34.1% from 39.2% and 5.3% from 5.4%, respectively.
Meanwhile, food inflation was steady at 5.3%, as lower meat prices and slower increases in vegetable prices offset sharper rice inflation.
“Every peso saved from slower price increases means more room for the family budget for food, transport, education and other essential needs,” Department of Economy, Planning and Development (DEPDev) Secretary Arsenio Balisacan said in a statement.
“While challenges remain, particularly in managing food price pressures, these results show that our interventions are making a difference in easing the impact on Filipino households,” Balisacan said.
The DEPDev chief the government’s UPLIFT Committee will continue implementing targeted interventions to protect vulnerable sectors from the effects of higher prices and other economic shocks.
Let me end this post by asking you readers: What is your reaction to this recent development? Do you think the government is running out of new ideas on bringing down inflation? Do you think the high inflation is a sign that the economy of the Philippines will grow weaker going into 2027? Do you think inflation will end up above 5% by the end of this year?
You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.
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Thank you for reading. If you find this article engaging, please click the like button below, share this article to others and also please consider making a donation to support my publishing. If you are looking for a copywriter to create content for your special project or business, check out my services and my portfolio. Feel free to contact me with a private message. Also please feel free to visit my Facebook page Author Carlo Carrasco and follow me on Twitter at @CarloCarrascoPH as well as on Tumblr at https://carlocarrasco.tumblr.com/ and on Instagram athttps://www.instagram.com/authorcarlocarrasco
#ASEAN #Asia #AssociationOfSoutheastAsianNationsASEAN #Bing #business #businessNews #CarloCarrasco #ChatGPT #DepartmentOfEconomy #economics #economy #EconomyOfThePhilippines #Facebook #finance #food #geek #GMANetwork #GMANews #Google #GoogleSearch #governance #inflation #Instagram #Investagrams #jobs #money #multiculturalism #news #PhilippineStatisticsAuthorityPSA #Philippines #PhilippinesBlog #Pinoy #PlanningAndDevelopmentDEPDev #publicService #recession #socialMedia #SoutheastAsia #technology #transportation #Twitter #WordPress #WordPressCom -
Philippines July 2026 Inflation Still Above Government Ceiling
Inflation here in the Philippines for the month of July 2026 landed at 6.2% which is clearly above the government’s comfortable ceiling of 2% to 4%, according to a business news report by GMA News.
To put things in perspective, posted below is an excerpt from the GMA News business report. Some parts in boldface…
The country’s inflation rate slowed down further for the third straight month in July 2026 amid improved fuel supply conditions during the period, when the Middle East conflict was waning.
At a press briefing on Wednesday, National Statistician and Philippine Statistics Authority (PSA) chief Claire Dennis Mapa said inflation — the rate of increase in the prices of goods and services — slowed down 6.2% last month from 6.4% in June 2026.
July’s inflation print brought the year-to-date rate to 5%, still above the government’s comfortable ceiling of 2% to 4%.
Mapa said the main contributor to the downtrend was the slower increase in the Transport index at 11.9% from 12.8% month-on-month.
“Ito [Transport] ay may 57.4% share sa pagbaba ng pangkalahatang inflation sa bansa (It had a share of 57.4% to the overall deceleration of the country’s inflation),” the PSA chief said.
This as inflation for gasoline and other passenger transport by road slowed down to 34.1% from 39.2% and 5.3% from 5.4%, respectively.
Meanwhile, food inflation was steady at 5.3%, as lower meat prices and slower increases in vegetable prices offset sharper rice inflation.
“Every peso saved from slower price increases means more room for the family budget for food, transport, education and other essential needs,” Department of Economy, Planning and Development (DEPDev) Secretary Arsenio Balisacan said in a statement.
“While challenges remain, particularly in managing food price pressures, these results show that our interventions are making a difference in easing the impact on Filipino households,” Balisacan said.
The DEPDev chief the government’s UPLIFT Committee will continue implementing targeted interventions to protect vulnerable sectors from the effects of higher prices and other economic shocks.
Let me end this post by asking you readers: What is your reaction to this recent development? Do you think the government is running out of new ideas on bringing down inflation? Do you think the high inflation is a sign that the economy of the Philippines will grow weaker going into 2027? Do you think inflation will end up above 5% by the end of this year?
You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.
+++++
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 #business #businessNews #CarloCarrasco #ChatGPT #DepartmentOfEconomy #economics #economy #EconomyOfThePhilippines #Facebook #finance #food #geek #GMANetwork #GMANews #Google #GoogleSearch #governance #inflation #Instagram #Investagrams #jobs #money #multiculturalism #news #PhilippineStatisticsAuthorityPSA #Philippines #PhilippinesBlog #Pinoy #PlanningAndDevelopmentDEPDev #publicService #recession #socialMedia #SoutheastAsia #technology #transportation #Twitter #WordPress #WordPressCom -
Philippines July 2026 Inflation Still Above Government Ceiling
Inflation here in the Philippines for the month of July 2026 landed at 6.2% which is clearly above the government’s comfortable ceiling of 2% to 4%, according to a business news report by GMA News.
To put things in perspective, posted below is an excerpt from the GMA News business report. Some parts in boldface…
The country’s inflation rate slowed down further for the third straight month in July 2026 amid improved fuel supply conditions during the period, when the Middle East conflict was waning.
At a press briefing on Wednesday, National Statistician and Philippine Statistics Authority (PSA) chief Claire Dennis Mapa said inflation — the rate of increase in the prices of goods and services — slowed down 6.2% last month from 6.4% in June 2026.
July’s inflation print brought the year-to-date rate to 5%, still above the government’s comfortable ceiling of 2% to 4%.
Mapa said the main contributor to the downtrend was the slower increase in the Transport index at 11.9% from 12.8% month-on-month.
“Ito [Transport] ay may 57.4% share sa pagbaba ng pangkalahatang inflation sa bansa (It had a share of 57.4% to the overall deceleration of the country’s inflation),” the PSA chief said.
This as inflation for gasoline and other passenger transport by road slowed down to 34.1% from 39.2% and 5.3% from 5.4%, respectively.
Meanwhile, food inflation was steady at 5.3%, as lower meat prices and slower increases in vegetable prices offset sharper rice inflation.
“Every peso saved from slower price increases means more room for the family budget for food, transport, education and other essential needs,” Department of Economy, Planning and Development (DEPDev) Secretary Arsenio Balisacan said in a statement.
“While challenges remain, particularly in managing food price pressures, these results show that our interventions are making a difference in easing the impact on Filipino households,” Balisacan said.
The DEPDev chief the government’s UPLIFT Committee will continue implementing targeted interventions to protect vulnerable sectors from the effects of higher prices and other economic shocks.
Let me end this post by asking you readers: What is your reaction to this recent development? Do you think the government is running out of new ideas on bringing down inflation? Do you think the high inflation is a sign that the economy of the Philippines will grow weaker going into 2027? Do you think inflation will end up above 5% by the end of this year?
You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.
+++++
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 #business #businessNews #CarloCarrasco #ChatGPT #DepartmentOfEconomy #economics #economy #EconomyOfThePhilippines #Facebook #finance #food #geek #GMANetwork #GMANews #Google #GoogleSearch #governance #inflation #Instagram #Investagrams #jobs #money #multiculturalism #news #PhilippineStatisticsAuthorityPSA #Philippines #PhilippinesBlog #Pinoy #PlanningAndDevelopmentDEPDev #publicService #recession #socialMedia #SoutheastAsia #technology #transportation #Twitter #WordPress #WordPressCom -
France’s public broadcasting sector facing major ‘crisis’: parlimentary report
After nearly six months and close to 70 interviews, the 551-page report of the commission of inquiry into…
#France #FR #Europe #EU #CharlesAlloncle #FranceTélévisions #NationalAssembly #NationalRally #publicbroadcasting #publicbroadcastingsystem #publicopinion #publicservice #RadioFrance
https://www.europesays.com/france/11767/ -
Lessons from Superstates on a shared ‘creed’ for public administration
#Politics #CdnPoli #Superstates #Governance #PoliticalEvolution #AlasdairRoberts #21stCentury #PublicAdministration #ComplexSocieties #Technology #Decentralization #PublicService
https://the-14.com/lessons-from-superstates-on-a-shared-creed-for-public-administration/ -
Lessons from Superstates on a shared ‘creed’ for public administration
#Politics #CdnPoli #Superstates #Governance #PoliticalEvolution #AlasdairRoberts #21stCentury #PublicAdministration #ComplexSocieties #Technology #Decentralization #PublicService
https://the-14.com/lessons-from-superstates-on-a-shared-creed-for-public-administration/