Author Carlo Carrasco

Retro Gaming Ads Blast – Part 36

November 3, 2025October 29, 2025carlocarrasco

Welcome back readers, fellow geeks and electronic gaming fans!

In this edition of the Retro Gaming Ads Blast (RGAB) series, we will take a look at another batch of retro gaming print ads – including arcade flyers – from the 1970s to the 1990s.

For the newcomers reading this, Retro Gaming Ads Blast (RGAB) looks back at the many print ads of games (console, arcade, computer and handheld) that were published in comic books, magazines, flyers, posters and newspapers long before smartphones, social media, the worldwide web and streaming became popular. To put things in perspective, people back in the 1980s and 1990s were more trusting of print media for information and images about electronic games and related products.

With those details laid down, here is the newest batch of retro gaming print ads for you to see and enjoy…

1. Super Contra North American arcade flyer

*Have you seen many Hollywood action movies of the 1980s? Does this arcade flyer remind you of something?*

After Konami struck gold with Contra in 1987, it was inevitable that sequels and spin-offs will be made. In 1988, they released the follow-up Super Contra in the arcades and to promote it in America, the company came up with artwork that easily gave gamers the impression they are seeing Sylvester Stallone as a fantasized Rambo and another armed guy who might remind them of Arnold Schwarzenegger’s character in Commando or Dutch in Predator. To capitalize on the movie references even more, the American arcade flyer had the line “He’s not human. He’s not alien. He’s the predator!!” As it was the 1980s, this creative approach to promotion was not surprising as Konami and its game makers were influenced by Hollywood movies.

2. Double Dragon II: The Revenge North American arcade flyer

*The artwork used in this arcade flyer remains intriguing to look at.*

I never played Double Dragon II: The Revenge in the arcade, but I played it on the Nintendo Entertainment System (NES). That being said, I was surprised to see how this old North American arcade flyer has the same hand-drawn artwork used on the cover of the NES version. Take note that the arcade game was released in 1988 while the NES port was released in early 1990. I can only guess that Technos decided to use the same artwork not only for convenience but to have a definitive image emphasizing Double Dragon II to gamers wherever they are.

3. Devastators North American arcade flyer

Devastators is another Konami arcade game that had a strong war theme and it was influenced by Hollywood action films of the 1980s. This particular arcade flyer for the North American market is almost identical with the Japanese arcade flyer as both have the same artwork on the front and almost the same visual layout on the rear. The most obvious difference is the use of English text for the North American flyer.

4. Assault North American arcade flyer

Released in American arcades by Atari, Assault is a multi-directional shooter that had a twin-stick control layout (similar with the classic Battlezone) and players experienced intense battles as well as immersive visual effects such as sprite scaling and environment rotation of up to 360 degrees. To promote the game (this originated in Japan by Namco), Atari came up with this arcade flyer that had selected screenshots and descriptive text on both the front and the rear (which showed the arcade cabinet). Assault was a hit with gamers at the arcades and it was not released on consoles until 2009.

5. Sega CD print ad

*Having a socially relevant message can be catchy but it leaves little room for excitement.*

As the Sega Genesis console became a huge commercial success in North America, Sega itself became ambitious about what CD-ROM technology would do for video games. Sega in Japan tasked its Consumer Products Research and Development Labs to create a CD-ROM add-on which resulted in the Sega CD (Mega-CD in other parts of the world) which launched in America in 1992. To promote the add-on towards existing Genesis console owners as well as potential new customers, Sega of America came up with the above 2-page print ad that had a social message on the right and an image of a man standing in front of large monitors (showing Sega CD game footage) on the left. While it looked like an odd way of promoting video game hardware, it still remains catchy to see.

6. Panasonic 3DO print ad

*Panasonic knows how to promote entertainment hardware for people’s homes.*

Still in the field of CD-ROM gaming, Panasonic had competitive presence in video gaming when its Panasonic FZ-1 R.E.A.L. 3DO Interactive Multiplayer (with technology licensed by The 3DO Company) was launched in America in 1993. If you look at the print ad closely, you will notice that the descriptive text emphasized the multimedia entertainment aspect more than video gaming. The dominating artwork used does not come from a particular video game as it was made to emphasize home entertainment in general. It’s not surprising that the Panasonic 3DO and other 3DO machines from other manufacturers failed commercially.

7. Shaq Fu print ad

*The close-up of Shaquille O’Neal’s face on the left made him looked less recognizable.*

Yes, it is true! There was indeed a video game endorsed by Shaquille O’Neal and it was not a basketball game. Shaq Fu is a 1994 2D fighting game with adventure elements and a story in which gamers play O’Neal as martial artist (note: O’Neal himself participated in the game’s production). To promote the game, Electronic Arts came up with a 2-page print ad that had a very odd black-and-white close-up image of O’Neal’s face on the left leaving small screenshots and hard-to-read text on the right (even though there was some vacant space remaining. I remember seeing this ad while reading a video game magazine and the ad ended up looking more like a promotion of O’Neal (already an NBA superstar) than the game itself. By today’s standards, this print ad is an example of a marketing misfire.

8. Kasumi Ninja print ad

*Do you even remember seeing this print ad in magazines?*

Remember the 1990s video game trends of digitized human images and disturbingly violent 2D fighting games sparked by Mortal Kombat? The Atari Jaguar-exclusive game Kasumi Ninja was made to capitalize on those trends and it failed badly. Apart from the low sales of the Jaguar console, Atari as publisher came up with the above 2-page print ad that was not appealing to gamers’ eyes and it had almost no excitement overall. This is another marketing misfire.

9. Parasite Eve North American and Japanese print ads

*Following the successful release of Final Fantasy VII, this ad excited PlayStation gamers and JRPG enthusiasts for Parasite Eve’s 1998 release in America.*

*A stronger horror presentation in this print ad for the Japanese market. There were already a lot of people in Japan who enjoyed horror.*

Starting in the mid-1990s, Squaresoft (now Square Enix) really became aggressive with video game creativity and experimentation as they launched several new projects that eventually got released on PlayStation in the late 1990s until 2000. One of those daring new projects was Parasite Eve which was a role-playing game (RPG) that had visual elements – particularly pre-rendered backgrounds – and a style of exploration that reminded gamers of Resident Evil. The game was a sequel to the Japanese science fiction horror novel of the same name and it involved the creativity of Final Fantasy creator Hironobu Sakaguchi (credited as producer). To promote the game, the 2-page North American print ad had protagonist Aya Brea on the right and the enemy on the left with a cryptic line placed strategically between them. The North American ad clearly stated that the game is a cinematic RPG. By comparison, the Japanese print ad of Parasite Eve has a strong horror vibe which is not surprising because of the novel’s horror elements and the fact that Squaresoft was capitalizing on the popularity of horror-related entertainment in Japan. By today’s standards, Parasite Eve is truly a product of the late-1990s and it has a dedicated fanbase.

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

BMI Sees Philippines GDP Growth Slowing Down To 5.2% In 2026

November 3, 2025October 25, 2025carlocarrasco

BMI, a unit of Fitch Solutions, officially lowered its 2026 gross domestic product (GDP) for the Philippines at 5.2% pointing a series of factors such as remittances slowdown, weaker investor sentiment, US tariffs on Philippine goods and the effects of the flood control corruption scandals, according to a Manila Bulletin news report.

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

Fitch Solutions’ unit BMI has sharply lowered its 2026 Philippine growth forecast to well below the government’s six- to seven-percent target, citing an expected slowdown in remittances, a weaker trade balance, muted investment sentiment, and downside risks to government spending stemming from the flood control fiasco.

“We expect remittance growth to slow due to tighter US [United States] immigration policy and a one-percent remittance tax on transfers from the US starting in 2026,” BMI said in a commentary published on Thursday, Oct. 23.

“A slowdown in remittances will weigh on domestic consumption, which will have an outsized impact on growth given the domestically driven economy,” BMI explained.

Against this backdrop, BMI has slashed its 2026 gross domestic product (GDP) growth forecast for the Philippines to 5.2 percent, one-percentage-point (ppt) lower than the 6.2 percent it projected previously.

If realized, this would also fall below this year’s growth goal of 5.5 to 6.5 percent, and 2024’s actual pace of 5.7 percent.

Another policy by US President Donald Trump that could drag down the local economy is the 19-percent tariff on Philippine exports, but zero tariffs imposed on select American imports.

This US-Philippines trade setup, according to BMI, “will weigh on the trade balance in 2026.”

Goods exports growth in August was the slowest in 2025 as US tariffs took effect and exporters’ front-loading of outbound shipments ended.

The latest Philippine Statistics Authority (PSA) data showed that goods exports grew by 4.6 percent year-on-year in August, marking the slowest increase since the 1.9-percent decline in December 2024

BMI also believes investor sentiment will “likely” remain muted next year as “erratic US trade policies will weigh on global investor sentiment and limit foreign direct investment inflows [FDIs].”

Domestically, government spending could bear the impact of a scenario where the ongoing flood control probe leads to the unearthing of more corruption cases tied to infrastructure projects beyond flood control.

“It could lead to even tighter scrutiny on government spending and reduce spending substantially below fiscally programmed levels,” BMI said. Capital outlays had dropped by 10 percent to ₱112.9 billion as of August, according to the Department of Budget and Management (DBM).

Infrastructure spending is expected to hit ₱1.51 trillion in 2025, ₱1.56 trillion in 2026, ₱1.69 trillion in 2027, ₱1.9 trillion in 2028, ₱2.03 trillion in 2029, and ₱2.2 trillion in 2030.

Meanwhile, BMI retained its 5.4-percent Philippine growth forecast for this year, still below the lowered full-year target.

Let me end this post by asking you readers: What is your reaction to this development? Are you convinced that due to several internal and external factors, economic growth of the Philippines will be slower this year and next year? Do you agree with BMI’s findings about the Philippine economy?

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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BPI Warns Public About Rise Of Smishing Scams Ahead Of Christmas Season

November 2, 2025November 2, 2025carlocarrasco

With the Christmas season approaching, Bank of the Philippine Islands (BPI) warned the public about the rise of smishing as criminals have changed their strategies and used more sophisticated technology to steal people’s money, according to a Manila Bulletin news report.

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

Ayala-led Bank of the Philippine Islands (BPI) is cautioning clients about a sharp, pre-holiday surge in online banking fraud linked to smishing, noting that criminals’ tactics have evolved from simple text scams to using highly sophisticated tools to steal money.

“Consumer complaints are increasing… a lot of it is seasonal. During Christmas, when people receive their bonuses, these cases really go up,” Jon Paz, BPI enterprise information security officer and data protection officer, said during the bank’s cybersecurity roundtable with the media on Wednesday, Oct. 22.

Paz reported that around eight out of 10 online banking fraud cases last year were perpetrated through smishing attacks using International Mobile Subscriber Identity (IMSI) catchers and rogue apps.

He further noted that there were almost zero IMSI-catcher-related fraud cases in 2024, but incidents began appearing around December and skyrocketed by the second quarter of this year.

“Some of the authorities reported that those who were caught were reporting to Chinese nationals,” Paz added.

An IMSI catcher is a fake cell tower device used by scammers to intercept mobile signals and steal users’ personal and banking information.

Meanwhile, a rogue app is a malicious or fake mobile application that tricks users into granting permissions or entering credentials, allowing scammers to harvest personal and banking data.

Despite the increasing number of consumer complaints in the banking industry, Paz noted that BPI’s risk tolerance is “low—one incidence of fraud is one too many for us.”

While the bank cannot disclose its total allotment for app enhancements, BPI Chief Technology Officer Alex Seminiano stated that nearly 60 individuals are working across various functions—business, technology, and operations—to enhance the bank’s mobile app.

BPI said its mobile apps are equipped with an evolving security layer that can detect risky environments and devices, such as those that are jailbroken, use overlays, or allow side-loading, to prevent potential breaches.

Let me end this post by asking you readers: What is your reaction to this development? Are you concerned that smishing will affect members of your family or those in your local community? Were you scammed online during the past six months? How many people in your local community are aware of smishing right now? Did you receive any text messages that tried to convince you to hit the link provided?

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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Scam Calls In The Philippines Jumped 78.44% In 3rd Quarter Of 2025

November 1, 2025October 23, 2025carlocarrasco

If you are in the Philippines, did you receive any suspicious calls on the telephone or on your mobile phone lately? Based on the data of an anti-scam app developer, scam calls in the country surged by more than 78% in the 3^rd quarter of this year, according to a Manila Bulletin news report.

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

A 78.44 percent rise in scam calls was recorded in the Philippines in the third quarter of 2025, data from the latest Whoscall Scam Report of global anti-scam app developer Gogolook showed.

During the period, Whoscall said it logged a total of 62,390 scam calls, a sharp increase from 34,964 in the previous quarter.

Despite the spike, it noted that the figure remains 62.24 percent lower year-on-year than the 165,236 scam calls recorded in the same period in 2024.

Whoscall stated that it recorded 37,609 SMS scams, down by 42.17 percent from 65,035 in the previous quarter and a 97.71 percent year-on-year drop from 1,645,470 in 2024.

Gogolook Philippines Country Head and General Manager Mel Migriño said the trend indicates a behavioral shift among mobile users.

“Since the first quarter Scam Report of 2025, we have seen that Filipinos have become more cautious about clicking links from unknown numbers in SMS swindles. This shows that scammers are now shifting their tactics to calls and social media,” she said.

She explained that the rise in call scams is largely driven by fraudsters exploiting the telemarketing systems of financial institutions.

“They are taking advantage of legitimate promotional calls like credit card limit upgrades, making their scams sound more believable to unsuspecting consumers,” she noted.

Per Migriño, the continued decline in text-based scams can be credited to the “whole-of-society approach” involving law enforcement raids of major scam hubs nationwide and joint awareness campaigns.

Authorities urged the public to remain vigilant and report scam incidents through official channels.

Cybercrime Investigation and Coordinating Center (CICC) acting executive director Usec. Renato “Aboy” Paraiso said public reports are crucial in combating online fraud.

“We continue to urge the public to report scam incidents, as these serve as leads for further investigation and as the foundation for various initiatives that raise public awareness against online scams,” he said.

Let me end this post by asking you readers: What is your reaction to this recent development? What do you think is causing the surge of scam calls over the previous quarter?

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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Better than Streaming: I Now Have For Your Eyes Only On Blu-ray

October 31, 2025October 31, 2025carlocarrasco

Welcome back fellow geeks, Blu-ray collectors and movie buffs!

When it comes to the seven James Bond movies that the late Roger Moore starred in, 1981’s For Your Eyes Only is my favorite. To put things short, the said Agent 007 adventure film was more grounded with reality, revived certain espionage elements used in the Sean Connery Bond films of the early 1960s, focused more on the Cold War, delivered solidly with thrills, and was ultimately more character-driven with its storytelling.

*The movie poster of Fot Your Eyes Only. (photo source – IMDB.com)*

I should also state that For Your Eyes Only has a very solid cast with Carole Bouquet and Lynn-Holly Johnson as the Bond girls, the late Israeli actor Topol as Columbo, Julian Glover as Kristatos, and the late Cassandra Harris (first wife of James Bond star Pierce Brosnan) as Lisl.

In my experience, I never saw For Your Eyes Only in the cinemas. My first time viewing it was on a rented home video tape (Betamax). In the 1990s, by chance I replayed the movie on cable TV. I bought a DVD copy of the movie in 2009.

Very recently, I had my first-ever high-definition (HD) viewing of For Your Eyes Only on Blu-ray which is my latest purchase this year. I bought it for a little over $8 (delivery fee excluded) on Amazon.

*My Blu-ray copy of For Your Eyes Only. I bought it for a little over $8.*

*The rear of my Blu-ray copy of For Your Eyes Only.*

As of this writing, I replayed For Your Eyes Only in HD twice with my Blu-ray copy and I can say that I enjoyed the Moore-led Bond movie yet again. While the film is not exactly spectacular with regards to visuals as it was recorded, it looks better than ever in HD. Apart from the higher resolution, the movie is clearer and there are more tiny visual details spotted as I watched on Blu-ray. It was nice to see on HD the film’s key moments, character development scenes and, of course, the many action scenes and stunts performed.

With regards to the extra stuff, this Blu-ray contains the exact same content made available on For Your Eyes Only DVD that I bought 16 years ago. The on-screen options as well as the visual presentation were also the same.

I am really delighted with For Your Eyes Only on Blu-ray disc format and my recent purchase resulted in a tremendous value in return. I am glad to have this classic James Bond movie in my collection as the film itself is great and it is my favorite among the seven Agent 007 movies Roger Moore starred in.

*The Blu-ray disc of the 1981 James Bond movie.*

If you are a long-time James Bond or if you are a newcomer who wants to the see the very best of Roger Moore James Bond movies in HD, the Blu-ray disc is still available for ordering online and you only need to click here.

For me, the next step to enjoy For Your Eyes Only would be on 4K Blu-ray (standalone release). In conclusion, I posted below the official song of the movie by Sheena Easton.

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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Japan Tightens Rules For Business Manager Visa And Raises Capital Requirement To 30 Million Yen

October 31, 2025October 24, 2025carlocarrasco

In response to the abuse of visa processes and cases of fraud committed by some foreigners, Japan recently tightened the rules for applying for the Business Manager Visa and also raised the capital requirement by six times, according to varied sources. To put things in perspective, the said visa was launched by Japan over a decade ago in order to attract foreign entrepreneurs who can contribute a lot to building up the national economy and create new jobs.

To get yourselves oriented, watch the English-language analytical news video of NHK World by clicking here. To put things in perspective, posted below is an excerpt from NHK’s English news report. Some parts in boldface…

Japan’s business manager residence status, introduced a decade ago to lure entrepreneurs from overseas, has become increasingly popular. More than 41,000 people held it last year.

But concerns have grown that the status was being misused as an easy path to immigration, prompting the government to tighten rules this month – including a steep increase in capital requirements.

Worries about abuse – With the number of business manager visas issued more than doubling in ten years, worries have grown that it was being misused – a view highlighted by then-justice minister Suzuki Keisuke earlier this month.

“It was pointed out that the residential status is abused by some foreigners as a means of moving to Japan, as permit standards are lax compared to the same systems in other countries.” (Suzuki Keisuke)

How have the requirements changed? – Japan introduced this visa 10 years ago to attract foreign entrepreneurs. The goal was to boost investment and create jobs. But new rules for the visa were introduced in October.

The capital requirement was raised six-fold, from 5 million to 30 million yen. That means incoming applicants will need nearly 200,000 dollars in the bank.

The rules also require companies to hire at least one full-time employee, who must be, for example, a Japanese citizen or permanent resident.

It also requires that applicants have at least three years of business management experience or hold at least a master’s degree.

Why tighten the rules? – Authorities said the capital requirement was too low. In addition, they’ve seen a number of fraudulent applications using shell companies that aren’t actually operative in the real world.

“Someone who has no intention of engaging in business activities can obtain business manager residence status as a means of immigrating to Japan. But that is not acceptable from our viewpoint. We made these changes because we believe the previous requirements were too loose.” (Ito Junji)

Over 41,000 people had business manager residence status last year. That number has more than doubled over the last decade.

Social situation in China may be one cause of the increase – More than half of the people holding this residence status are Chinese. Of course, there are legitimate applications. But the visa has also been widely advertised on social media as a means of moving to Japan.

And some Chinese residents are looking for a way to escape their country’s harsh rules. For example, Beijing’s strict lockdown policies during the coronavirus pandemic pushed people away. And China’s high-pressure “entrance exam war” is another reason why people want to leave China. They want to raise their children in Japan to avoid that kind of pressure.

Meanwhile, The Japan News (of The Yomiuri Shimbun) published an editorial about the recent tightening of rules regarding the Business Management Visa. Posted below is an excerpt. Some parts in boldface…

A status of residence originally created to help Japan’s economic growth by accepting entrepreneur-minded foreign nationals is being abused.

The system must be changed in line with its original intent, while authorities must firmly crack down on illegal residency.

The Justice Ministry has tightened the requirements for obtaining the business manager visa, a type of residence status, by revising a ministerial ordinance under the Immigration Control and Refugee Recognition Law.

This type of visa was created in 2015 for foreign nationals who launch businesses in Japan. The number of business manager visa holders has continued to increase, reaching 44,800 in June this year.

In recent years, there have been cases where foreign nationals have reportedly obtained this visa fraudulently by establishing shell companies. The Immigration Services Agency investigated 300 applications suspected of fraud and found that 90% of them had irregularities such as having no actual business operations.

It is believed that the holders of this visa in those cases have come to Japan under the guise of starting businesses with their real purpose being to bring their families for advanced medical treatment or to provide their children with high-quality education. This situation where the system’s original intent is being disregarded cannot be overlooked.

Previously, the government granted this status of residence for up to five years if applicants had an office in Japan and met either of these requirements: having capital of ¥5 million or more or hiring two or more full-time employees.

Under the revised ministerial ordinance, the minimum capital requirement has been raised to ¥30 million and it is now mandatory to hire at least one full-time employee. A certain level of Japanese language ability is another new requirement.

In South Korea, obtaining a similar visa requires about ¥32 million in capital, and in the United States, about ¥15 million to ¥30 million in capital is needed. Compared to other countries, Japan’s lenient visa criteria may have contributed to the rampant abuse.

There are other areas that need to be changed. Currently, screenings for the visa have been conducted primarily through documents alone. If illegal acquisition is suspected, why not conduct interviews with the applicants in addition to on-site inspections?

It is also important to check business operations regularly after the visa is granted. To that end, strengthening the system for immigration checks is indispensable.

Some people say that because screenings of registrations for companies and other entities have been lax in the first place, shell companies have been used as covers for money laundering and other purposes. The loose screening system must be overhauled.

As you can see in the above editorial excerpt, cases of abuse and fraud were spotted by Japan’s government already. In related to the findings, watch the China Observer YouTube video below.

The China Observer video pointed out that a lot of foreigners who applied for Japan’s Business Manager Visa before were Chinese nationals. Some Chinese nationals see the said visa as a shortcut to immigration into Japan and get away from mainland China where their lives allegedly have been hard and restrictive. It is also widely reported that China has been having serious economic problems for years now.

Going back to the Japanese authorities, the changes made on the Business Manager Visa were meant to prevent further fraud from happening, to ensure that companies have substantial operational capability, and prevent the proliferation of shell companies. Along the way, the authorities want to make certain that those who applied for the visa have at least 3 years entrepreneurial experience or have a master’s degree in business management, so that the foreigners (who secretly have no intention to contribute to Japan’s economy) can be prevented from entering.

When it comes to the abuses of the Business Manager Visa, Japanese authorities discovered cases of fraud such as some small buildings in Tokyo and Osaka had as many as fifty different company names registered with the same address, and often with no real staff present. These visa-related fraud cases only add to the endless problems Japan already has. That being said, Japanese authorities did the right thing with tightening the rules and adjusting requirements for the Business Management Visa.

Let me end this piece by asking you readers: What is your reaction to this development? Do you think that too many foreigners abused the Business Management Visa already? Did you notice any foreigners who want to migrate to Japan with a hidden agenda that would only lead to trouble? Do you think other countries should follow Japan’s example?

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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Nomura Sees 2025 Philippine Economic Growth Slowing Down To 4.7%

October 30, 2025October 29, 2025carlocarrasco

In its latest economic report, Nomura Global Markets Research sees the economic growth of the Philippines slowing down to 4.7% this and they pointed to an expected decline in government spending, according to a news report by BusinessWorld.

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

PHILIPPINE ECONOMIC GROWTH may slow to 4.7% this year, as government spending is expected to further decline amid the corruption investigation in infrastructure projects, Nomura Global Markets Research said.

In a report dated Oct. 27, Nomura Chief ASEAN (Association of Southeast Asian Nations) Economist Euben Paracuelles and Macroeconomic Research Analyst Yiru Chen said the gross domestic product (GDP) forecast was slashed to 4.7% this year from 5.3% previously as downside risks increased due to the corruption scandal involving flood control projects.

“This pencils in GDP growth slowing to just 4% in the second half from 5.4% in the first half and is based on the assumption that the decline in government expenditures in September will worsen in the next 3-4 months,” they said.

Nomura’s latest forecast is below the government’s 5.5-6.5% GDP growth target for the year and is slower than the 5.7% growth in 2024.

“Taking into account the sharp drop in fiscal spending in September, we think the ‘bad scenario’ on the growth impact of the ongoing corruption scandal is materializing,” they said.

Third-quarter GDP data will be released on Nov. 7.

President Ferdinand R. Marcos, Jr. had flagged anomalous flood control projects during his State of the Nation Address in late July. This sparked several investigations into alleged corruption involving lawmakers, government officials, and private contractors.

Latest Treasury data showed government expenditures declined by 7.53% in September, worsening from the 0.7% drop in August, mainly due to lower spending by the Department of Public Works and Highways. Nomura also noted that government spending declined by 2.8% in the third quarter, a reversal of 1.6% growth in the second quarter.

“Excluding interest payments and debt servicing, expenditure growth slumped even more to -10.2% y-o-y (year on year) in September from -3.5% in August, the weakest since 2020. This suggests a relatively rapid deterioration in the pace of budget disbursements after President Marcos brought to light the corruption scandal of flood control projects,” they said.

Nomura also noted that the reallocation of funds to other types of capital expenditures such as school buildings has been “challenging” to implement.

“In addition, we incorporate some spillovers into other components of domestic demand, which were also evident in these previous episodes, including household consumption spending. Our forecast continues to take into account the impact of the US tariffs, which, as we have argued before, pose significant headwinds for goods exports,” they said.

Let me end this post by asking you readers: What is your reaction to this recent development? Do you think the GDP growth of the Philippines will end up below 5% for 2025 as a whole? Are you convinced that investigations and embarrassing details from flood control projects are turning away foreign investors already?

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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President Marcos Congratulates Japanese Prime Minister Takaichi

October 30, 2025October 28, 2025carlocarrasco

Shortly after Sanae Takaichi took office as Prime Minister of Japan, Philippine President Ferdinand “Bongbong” Marcos, Jr., recently congratulated her, according to a Manila Bulletin news report.

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

President Marcos has extended his congratulations to Japan’s newly-elected Prime Minister Takaichi Sanae, the first woman to assume the post.

“Congratulations to Prime Minister Takaichi Sanae on her historic election as Japan’s first female Prime Minister,” Marcos said in a statement on Wednesday, Oct. 22.

“Her assumption demonstrates Japan’s firm democratic advocacy, and reflects the country’s commitment to progress and representation,” the President added.

Marcos expressed his eagerness to work with Prime Minister Takaichi in strengthening the Philippines’ and Japan’s bilateral cooperation, especially as both countries prepare to mark the 70th anniversary of diplomatic relations in 2026.

“I look forward to working with her in commemorating the 70th Anniversary of Philippine-Japan diplomatic ties in 2026, and in deepening the Philippine-Japan Strengthened Strategic Partnership for the peace and prosperity of our peoples,” the President said.

Most recently, the Prime Minister met with President Marcos formally in Malaysia. For details, click here.

Let me end this post by asking you readers: What is your reaction to this recent development? Do you think bilateral ties between Japan and the Philippines will grow stronger now that President Marcos and Prime Minister Takaichi have officially met? Do you think Filipinos who intend to migrate to Japan have doubts about Prime Minister Takaichi knowing that she will be tough on illegal immigration?

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

SONAK Group Secures Lot For New Headquarters In Filinvest City

October 30, 2025November 3, 2025carlocarrasco

SONAK Group, the company that manages established brands like ASICS, Onitsuka Tiger, ABC-MART Grand Stage, Molten, Mikasa, and Bullpadel, has secured a lot along Spectrum Midway in Filinvest City for the establishment of their new headquarters in Alabang, according to a news report by the Daily Tribune and details from the company’s social media post.

SONAK Group stated: “As we build our new home in Filinvest City, we look forward to creating spaces that bring people together and reflect SONAK’s continued pursuit of excellence, innovation, and sustainable growth.”

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

Filinvest City continues to cement its position as Metro South’s premier business hub with the opening of SONAK Group’s new headquarters along Spectrum Midway, a move that underscores the township’s growing appeal to both regional and multinational enterprises.

From its humble beginnings as a local merchant to becoming a regional powerhouse in sports and active lifestyle retail, SONAK Group now joins the expanding list of companies driving Filinvest City’s transformation into a center for innovation, growth, and modern living.

Managing globally recognized brands such as ASICS, Onitsuka Tiger, ABC-MART Grand Stage, Molten, Mikasa, and Bullpadel, SONAK’s relocation signals confidence in the district’s long-term vision and robust infrastructure. The company’s newly opened ASICS store at Festival Mall Alabang also strengthens its connection to the community, highlighting Filinvest City’s reputation as both a business and lifestyle destination.

“Securing this new lot in Filinvest City marks a proud milestone for SONAK,” said Anil Buxani, CEO of SONAK Land Corporation.

“It reflects not only our growth as a company but also our commitment to building a future in a community that shares our values of innovation, active lifestyles, and continuous growth.”

SONAK’s expansion is expected to generate more employment opportunities within Filinvest City’s central business district, supporting local talent and contributing to the city’s dynamic workforce.

Located across Spectrum Linear Park, Central Park, and the iconic Filinvest City landmark “The Tree,” SONAK’s headquarters situates the company at the heart of the city’s economic core. The location’s pedestrian-friendly walkways, landscaped avenues, and recreational spaces foster an environment that promotes both productivity and well-being — key aspects of Filinvest City’s live-work-play philosophy.

“Welcoming SONAK Group highlights our commitment to creating a central business district where progress and well-being go hand in hand,” said Don Ubaldo, Head of Filinvest Townships.

“Their presence adds vibrancy and innovation to our community, showcasing Filinvest City as a destination where companies grow while embracing a balanced and fulfilled lifestyle.”

This development adds credibility to Filinvest City’s status as a thriving central business district (CBD) in South Metro Manila. A few months ago, telecommunication giant PLDT confirmed it is moving its headquarters into Filinvest City.

Let me end this post by asking you readers: What is your reaction to this recent development? Do you think more corporations could be influenced by SONAK Group’s milestone to expand and establish their presence in Filinvest City in the near future? Do you think the growing number of companies moving into Filinvest City will be beneficial to the nearby apartments and condominiums which have vacant units?

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

A Look Back at Peter Parker, The Spectacular Spider-Man #131 (1987)

October 29, 2025October 29, 2025carlocarrasco

Disclaimer: This is my original work with details sourced from reading the comic book and doing personal research. Anyone who wants to use this article, in part or in whole, needs to secure first my permission and agree to cite me as the source and author. Let it be known that any unauthorized use of this article will constrain the author to pursue the remedies under R.A. No. 8293, the Revised Penal Code, and/or all applicable legal actions under the laws of the Philippines.

Welcome back superhero enthusiasts, 1980s arts and culture enthusiasts, Marvel Comics fans and comic book collectors! Today we go back to the year 1987 to examine a small part of the Marvel Comics shared universe through a tale of the Peter Parker, The Spectacular Spider-Man monthly series.

For this particular review, we will explore the 3^nd chapter of classic storyline Kraven’s Last Hunt. The storyline started in Web of Spider-Man #31 (read my retro review by clicking here) and progressed further in Amazing Spider-Man #293 (read my retro review by clicking here) and creators J. M. DeMatteis and Mike Zeck crafted it to last six chapters.

With those details laid down, here is a look back at Peter Parker, The Spectacular Spider-Man #131, published in 1987 by Marvel Comics with a story written by J. M. DeMatteis and drawn by Mike Zeck.

Early story

The story begins inside a facility in New York City on a rainy night. Men inside work quietly moving heroin from one vehicle to another. Suddenly Kraven – wearing a black costume believing he is Spider-Man – breaks in and fearlessly attack the men who are already armed. Using very violent force, Kraven beats the men and killed the last one. Eventually, police officers and detectives broke into the facility which compels Kraven to get away fast and leaves them no opportunities to catch up. One of the detectives mentions that fifteen suspects have been hospitalized because of the individual they perceive as Spider-Man.

After climbing to the top of a building, Kraven takes his mask off. He thinks deeply about his victory over Spider-Man and becoming him. He believes he has consumed the spider’s prey and proved himself to be superior in every way. Regardless, Kraven’s obsession continues as he seeks the final proof.

Elsewhere in the city, Vermin pulls a woman into an alley and then comes out on the street as a police car approaches him…

Quality

*A key scene showing how Mary Jane and Joe Robertson react to the absence of Peter Parker who was buried alive by Kraven.*

In this 3^rd chapter of the Kraven’s Last Hunt storyline, the iconic Spider-Man is absent again but his presence is still felt through the way people perceive him and through two notable characters who personally knew Peter Parker. At this point in the storyline, Kraven truly believes he has not only replaced Spider-Man but became even more significant than him. Kraven’s obsession with achieving both greatness and significant placed him on a collision course with Vermin, and I can say that the conflict between the them is a powerful feature of the story. Once again, DeMatteis proved how compelling his script really is and Mike Zeck easily brought the said script to life with strong imagery.

As with the previous two chapters, the darkness and grittiness of the storyline are lively which resulted in a very atmospheric reading experience. The DeMatteis-Zeck duo knew exactly how to engage readers using a powerful script and images that range from being action-packed to looking very disturbing.

Speaking of character development, Mary Jane here shows how the continued absence of her husband is wearing herself down and making her even more worried. Mary Jane is a lively symbol about how we readers miss Spider-Man and how uncertain we feel about the future of comic book storytelling without the iconic superhero.

Conclusion

*Without any concern whatsoever, Kraven’s Spider-Man brutally hits the criminals with powerful strikes.*

Peter Parker, The Spectacular Spider-Man #131 (1987) is a powerful 3^rd chapter of the Kraven’s Last Hunt storyline. At this point, Kraven continues to not only be Spider-Man but make others feel his impact as he strives to be greater than the genuine Spider-Man. Vermin has turned more prominent in this comic book and the big conflict between him and Kraven is a huge pay-off to what was built-up since Amazing Spider-Man #293. Right now, I am looking forward to the next chapter of Kraven’s Last Hunt.

Overall, Peter Parker, The Spectacular Spider-Man #131 (1987) is highly recommended.

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