Author Carlo Carrasco

Eight Chinese nationals arrrested in Parañaque over phishing scam, one suspect still on the loose

January 30, 2025January 23, 2025carlocarrasco

Recently in Parañaque City, agents of the National Bureau of Investigation (NBI) supported by representatives of theDigital Forensic Laboratory (DFL) arrested eight Chinese nationals suspected of involvement in online phishing, but one other suspect remains at large, according to a news article by the Philippine News Agency (PNA). Pieces of evidence were found at the site of the crime.

To put things in perspective, posted below is an excerpt from the PNA news article. Some parts in boldface…

Eight Chinese nationals allegedly engaged in online phishing operations were arrested in Parañaque City, the National Bureau of Investigation announced on Wednesday.

In a news release, the NBI identified the arrested suspects as Xiao Li, Chuan Zi Gao, Ming Ru Li, Wen Shu Liu, Qui Shun Li, Cai Li Pan, Changfu Liu, and Zhang Zhen. A ninth suspect, Hwang Xiaobin, remains at large.

NBI Director Jaime Santiago said the suspects were engaged in investment fraud, crypto asset/currency scam, romance scam and identity theft through the use of social engineering and digital communication schemes.

Following surveillance on Jan. 14, a warrant to search, seize, and examine computer data (WSSECD) was granted by RTC Paranaque City against the group.

On Jan. 17, NBI operatives, together with representatives from the Digital Forensic Laboratory (DFL) implemented the WSSECD.

DFL representatives conducted an onsite examination on a laptop and a desktop found on the site and discovered transcript template of phishing and/or social engineering schemers used in obtaining sensitive information of another person.

Financial transactions of crypto currency scams were also found during the examination, the NBI said.

Let me end this post by asking you readers: What do you think about this recent development? If you are a resident of Parañaque, have you grown tired about your city being such a hot spot of illegal operations, scams and crime involving foreign nationals? What do you think made Parañaque a favorite destination for the remnants of POGOs (Philippine Offshore Gaming Operators) and scammers involving foreigners?

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

BPI lead economist says Philippine economy will accelerate this year

January 30, 2025January 22, 2025carlocarrasco

For the lead economist of Bank of the Philippine Islands (BPI), the economy of the Philippines will accelerate this year in connection to rising household consumption as well as other factors, according to a Philippine News Agency (PNA) news article.

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

Growth of the Philippine economy is expected to accelerate this year, driven by the continued expansion of household consumption, an economist from the Bank of the Philippine Islands (BPI) said.

“We expect the Philippine economy to expand by 6.3% in 2025, outpacing the previous year’s performance, with household consumption remaining its biggest driver,” BPI lead economist Jun Neri said in a commentary released late Wednesday.

Neri earlier forecast a 6.1 percent economic growth for 2024.

Neri said factors sustaining household consumption growth such as remittance inflows, remained in place despite the economic slowdown in major economies.

“With aging populations abroad driving the demand for labor, the impact of headwinds on remittances like trade barriers and anti-immigration sentiment will likely be limited. Remittances also have a strong track record of stability and growth even in times of crisis, as seen during the pandemic,” he said.

Neri said the country’s low unemployment rate is also expected to support consumption.

“This should continue to drive the growth of household income and the expansion of the middle class,” he said.

Latest data from the Philippine Statistics Authority showed that the unemployment rate further went down to 3.2 percent in November last year from 3.6 percent in November 2023.

Consumer spending, meanwhile, is expected to grow at a faster pace this year as inflation remains at a manageable level.

“This improvement will likely be most apparent in discretionary spending after a period of slower growth caused by high inflation, as consumers focused more on essentials,” said Neri.

Inflation will likely settle at 3.5 percent this year, well within the government’s 2 to 4 percent target, Neri said.

Meanwhile, he said the recent reduction in interest rates and banks’ reserve requirement ratio (RRR), will also help boost economic growth.

To recall, the Bangko Sentral ng Pilipinas reduced policy rates for a total of 75 basis points this year.

The BSP also reduced the RRR of universal and commercial banks and non-bank financial institutions with quasi-banking functions by 250 basis points.

Let me end this post by asking you readers: What is your reaction to this recent development? Did you think the economy of the Philippines will be able to grow by at least 6.3% 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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What to watch on YouTube right now – Part 54

January 29, 2025January 22, 2025carlocarrasco

Welcome back my readers, YouTube viewers and all others who followed this series of articles focused on YouTube videos worth watching. Have you been searching for something fun or interesting to watch on YouTube? Do you feel bored right now and you crave for something to see on the world’s most popular online video destination?

I recommend you check out the following topics and the related videos I found.

#1 The return of US President Donald Trump – Donald Trump is officially back as President of the United States. Officially speaking, he has been counted as the 45^th and now the 47^th US President. Within the first day of his new administration, President Trump proceeded with the reforms by signing them with his approval. Indeed, America is back with Trump and this means removing the woke trash left behind by the failed Biden-Harris administration. The following videos were selected for your interest and enlightenment.

#2 TBR Schmitt reacts to 1997’s Air Force One – I don’t know with you readers but I enjoy watching the movie reaction videos of YouTuber TBR Schmitt (a couple who enjoy movies together). In light of Donald Trump’s return as US President, I posted below TBR Schmitt’s reaction video of 1997’s Air Force One (note: for other YouTube reaction videos of the said movie, click here) which is entertaining to watch. If you have not seen Air Force One, watch the movie first before seeing the reaction video.

#3 The rise of Vietnam – It cannot be denied that Vietnam truly progressed economically over the decades. Previously ravaged by war, Vietnam is now in a position to replace China as the manufacturing hub of Asia and they already have tech giants like Samsung and Apple on their side. This video by ColdFusion explains in details the historical background and the astronomic rise of Vietnam. It’s a must-watch.

#4 VKunia reacts to Rocky – Have you been watching the movie reaction videos of YouTuber VKunia? She has lots of reaction videos and most of them are enjoyable to watch. For this post, I am sharing with you her reaction video of the one movie that made Sylvester Stallone a movie star – Rocky. Not only that, VKunia herself used to live in Philadelphia (Rocky’s city). Watch VKunia’s Rocky reaction and observe how Stallone’s film draws her reactions.

#5 PatmanQC examines the Atari Jaguar – Back in the early to the mid-1990s, console gaming was already dominated by the Japanese, particularly by Sega (with the Genesis) and Nintendo (with the SNES). Along the way, while reading a video game magazine, I was very surprised to see the announcement of the Atari Jaguar console. Back in those days, a lot of people thought Atari faded away in the console business. The Jaguar eventually failed commercially but it still made its mark in video gaming history, and already a lot of YouTubers posted retrospective videos about the said Atari console. If you want an in-depth look at the history of Atari Jaguar and what its games were, watch PatmanQC’s video below.

#6 You, Me and the Movies react to Mac and Me – Have you ever been interested in a movie geared towards children with a creative mix of Coca-Cola, McDonald’s and a story that has similarities with E.T. the Extra-Terrestrial? Such a movie exists and it is called Mac and Me. You, Me and the Movies recently posted their reaction video about it and you have to see it.

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Fire and flood victims of Las Piñas City receive DSWD aid

January 29, 2025January 22, 2025carlocarrasco

Recently in the City of Las Piñas, over two hundred fifty victims of fire and flood received aid provided by the Department of Social Welfare and Development (DSWD) which partnered with the City Social Welfare and Development Office (CSWDO), according to the social media announcement of the City Government.

To put things in perspective, posted below is an excerpt from the social media announcement. Some parts in boldface…

The Department of Social Welfare and Development-National Capital Region (DSWD-NCR), in partnership with the City Social Welfare and Development Office (CSWDO) of Las Piñas, distributed Livelihood Settlement Grants to fire and flood victims at the Las Piñas Multipurpose Hall, benefiting a total of 253 individuals affected by recent calamities.

Among the beneficiaries were 86 fire victims from Barangays Elias Aldana, Pilar, Talon Tres, and CAA, and 167 flood victims from Barangays Pamplona Tres, Talon Tres, and Elias Aldana. Each qualified beneficiary received financial assistance ranging from ₱10,000 to ₱15,000, depending on the validation results of DSWD-NCR.

The grant aimed to support individuals with small-scale businesses or livelihoods disrupted by the said disasters. The payout process, handled by CSWDO and DSWD-NCR personnel, ensured that aid was provided efficiently and directly to qualified recipients.

Let me end this piece by asking you readers: If you are a resident of Las Piñas City, what is your reaction to this development? Were there any fire or flooding victims in your local community who received DSWD aid?

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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Citigroup sees Philippine economy expanding by about 6% this year

January 28, 2025January 21, 2025carlocarrasco

In the perspective of Citigroup, Inc. (Citi), the economy of the Philippines will grow this year by around 6%, pointing to the growth of the business process outsourcing (BPO), according to a BusinessWorld news report.

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

CITIGROUP, INC. (Citi) expects the Philippine economy to expand by around 6% this year, partly driven by sustained growth in the business process outsourcing (BPO) sector.

“We expect the growth in 2025 to stay within the 6% handle,” Citi Asia South Head Amol Gupte said in an online briefing on Monday.

Citi’s forecast would be at the low end of the government’s 6-8% target for the year.

“The Philippines will continue to benefit from [the BPO industry] and will create a lot of jobs. On moving up the value chain on global capability centers, countries like the Philippines will play a very large role along with India,” Mr. Gupte said.

The information technology and business process management (IT-BPM) industry ended 2024 with $38 billion in export revenue, and 1.82 million full-time employees.

Under the Philippine IT-BPM Industry Roadmap, the target is to grow into a $59-billion industry and increase the full-time employee count to 2.5 million by 2028.

“So, I think it’s really important that the Philippines, as it thinks about the BPO industry, moves up the value chain so that it retains and bring more middle-office kinds of jobs beyond the voice jobs that exist in the tens of thousands,” Mr. Gupte said.

However, the rise of artificial intelligence (AI) could be a risk to the IT-BPM sector in the Philippines.

“There’s also the risk to that in terms of what AI will do to that industry and whether that will reduce jobs,” Mr. Gupte said.

Meanwhile, Citi South Asia Corporate Banking Head K Balasubramanian said sustained economic growth ensures that Philippine banks are well-positioned to continue to generate profits.

“I think the financial profile of the Filipino banks continues to be very strong, and with 6% growth I think they are well capitalized to look at the opportunities ahead,” he said.

As of end-September 2023, the Philippine banking system’s net profit rose by 6.4% to P290 billion as both net interest and non-interest income grew.

“We just saw the upgraded Philippine sovereign rating that happened in the fourth quarter of last year. And if you look at the impact of that on the Republic of Philippines, as well as the state-owned banks of the Philippines, I think that’s going to be crucially positive because we are now up to BBB+,” Mr. Balasubramanian said.

“(This) means that the ability to access international financing is going to be better and even the cost of the access is going to be better than what it was in the past.”

Let me end this post by asking you readers: What is your reaction to this recent development? Do you think Citgroup is correct about its research on the Philippine economy? Do you think the BPO industry will contribute a lot to the economic growth of the nation 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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IMF sees stronger economic growth for the Philippines in 2026 but warns about risks related to external developments

January 28, 2025January 25, 2025carlocarrasco

Recently the International Monetary Fund (IMF) stated that it expects the economic growth of the Philippines to get stronger in 2026 but it issue a warning that external developments could prevent it from happening, according to a BusinessWorld news report.

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

THE PHILIPPINE ECONOMY will continue to accelerate from this year to 2026 as domestic demand remains robust, the International Monetary Fund (IMF) said, but warned risks are tilted to the downside due to possible external shocks.

At the same time, Finance Secretary Ralph G. Recto said that the Philippines likely failed to hit its 6-6.5% growth goal for 2024, amid typhoons.

“If it hits 6% in the fourth quarter, I’ll be happy with that. I don’t think it will hit 6% for 2024, but I think it will surpass 6% in 2025,” Mr. Recto told reporters on Jan. 16.

For the first nine months of 2024, Philippine growth averaged 5.8%, the same as the IMF’s projection for the full year. Preliminary fourth-quarter and full-year gross domestic product (GDP) data will be released on Jan. 30.

In its latest World Economic Outlook update, the IMF kept its GDP forecasts for the Philippines at 6.1% this year and 6.3% for 2026, the same as its projections in October.

These would fall within the government’s 6-8% GDP target for 2025 and 2026.

“Growth for 2025-2026 is projected to be primarily driven by domestic demand, namely consumption and investment,” an IMF spokesperson said in an e-mail.

“Consumption growth will be supported by lower food prices and gradual monetary policy easing,” it added.

Latest data from the Philippine Statistics Authority showed household consumption, which accounts for over three-fourths of the economy, jumped by 5.1% in the third quarter from 4.7% a quarter ago.

“Investment growth is expected to pick up on the back of a sustained public investment push, gradually declining borrowing costs and acceleration in the implementation of public-private partnership projects and foreign direct investments (FDI), following recent legislative reforms,” the IMF said.

Gross capital formation, the investment component of the economy, expanded by 13.1% in the third quarter, a turnaround from the 0.3% dip a year ago.

However, the IMF said that the balance of risks to the growth outlook is tilted to the downside, citing external risks.

“Some of the main downside risks include recurrent commodity price volatility, and new supply shocks, which may necessitate tighter monetary policy to anchor inflation expectations,” it said.

The IMF also cited shocks such as geopolitical tensions which could disrupt trade and other financial flows.

“Higher for longer policy rates in advanced economies (could cause) capital outflows, and tighter financial conditions,” it added.

The multilateral institution also cited climate shocks and extreme weather events which would lead to economic losses.

“There are also upside risks to the outlook, including from higher-than-expected growth in private investment through public-private partnerships, higher inward FDI following a faster-than-expected global recovery, or stronger reform momentum,” it added.

INFLATION – Meanwhile, the IMF said it expects inflation to remain within the central bank’s 2-4% target range in the near to medium term. It projects headline inflation to average 2.8% this year and 3% in 2026.

“However, risks are tilted to the upside, as rising geopolitical tensions, extreme climate events, and recurrent commodity price volatility continue to pose upside risks to inflation,” it said.

Let me end this post by asking you readers: What is your reaction to this recent development? Do you think the IMF is correct with its current analysis of the details and economic forecast for the Philippines? Do you think the national government should focus more on attracting new foreign investors and bringing inflation down to build up the economic momentum?

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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Israel restaurant updates and news for foodies (January 2025)

January 27, 2025carlocarrasco

Israel Foodie News January 2025

If you are traveling to Israel very soon and if you love unique, tasty and high-quality meals, I encourage you to read this blog post by Debbest Israel. I would love to visit some of the restaurants (listed in the blog post) upon returning to Israel in the near future.

Having been to Israel myself, I can say that you will find a lot of great or dynamic places to eat in. There is always something for the food enthusiast or tourist with different tastes or preferences.

A Look Back at Superman #350 (1980)

January 27, 2025March 1, 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, 20^th century pop culture enthusiasts and comic book collectors! Today we go back to the year 1980 to take a close look at one of the many tales published through the original Superman monthly series (first launched in 1939).

Before Crisis on Infinite Earths happened, the DC Comics multiverse had a lot of superhero stories that had outlandish fantasy elements. For example, Action Comics #454 showed Superman eating tons of food in order to survive. In Action Comics #456, the battles between Superman and The Shark had lots of outlandish looking forms of action. In short, the old multiverse and its tropes are looking fun to revisit.

With those details laid down, here is a look back at Superman #350, published in 1980 by DC Comics with a story written by Gerry Conway and drawn by Curt Swan.

Early story

The story begins when Superman makes his move to prevent a punctured hot air balloon transport from crashing. It turns out the balloon was part of the promotion of a reunion event at Metropolis University and Superman really went there to attend it in his civilian identity as Clark Kent. Also attending the event is his long-time friend and colleague Lana Lang.

As the old professor Lemuel B. Tolkein – former superior of Clark and his classmates – speaks during the reunion, several attendees – including people Clark personally knew – begin to disappear into thin air. The remaining attendees and guests begin to panic…

Quality

*Superman uses his special abilities to solve problems here.*

I really like this story. Without spoiling the plot, I can say that this tale written by Conway is actually a mystery that happens to take place during Clark Kent’s reunion with many people from his past. As there is no good-versus-evil concept, the story is solidly focused on mysterious happenings that challenge Superman’s ability to solve problems. Even though he already has many super powers, the Man of Steel still got challenged a lot by the disappearances of people and things.

Apart from the story, I also enjoyed Conway’s approach on developing Clark Kent/Superman, Lana Lang and Lois Lane. Seeing Clark reconnecting with people from his past at Metropolis University was a refreshing portrayal and it also sheds light on how he handled himself during his collegiate years. As for Lois Lane, she was portrayed to be hostile towards Clark with regards to journalistic competition between them, and yet she still has tenderness towards Superman deep inside.

Conclusion

*Superman quickly changes into his Clark Kent identity to attend the reunion.*

Superman #350 (1980) is enjoyable and the elements of the pre-Crisis multiverse of DC Comics added depth to it. The story is relaxing to follow and it managed to surprise me and keep me engaged until the very end. I am convinced to follow the next issue.

Overall, Superman #350 (1980) is recommended.

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Remolino and Alcoseba successfully defend titles in 2025 National Age Group Triathlon Subic Bay race

January 27, 2025January 26, 2025carlocarrasco

Cebu-based SEA Games medalists Andrew Kim Remolino and Raven Faith Alcoseba successfully defended their respective titles in the elite category of the 2025 National Age Group Triathlon (NAGT) opening leg at the Subic Bay Metropolitan Authority (SBMA) Freeport Boardwalk in Zambales yesterday.

Remolino finished the 750 Meter swim – 20 Kilometer bike – 5 Km run race in 56 minutes and 46 seconds to beat teammate Matthew Justine Hermosa (56:47) and Joshua Alexander Ramos of Baguio City (57:23) in the men’s division.

“Halos sabay-sabay lang kami nina Matthew, [Iñaki Emil] Lorbes, Joshua at Dayshaun Karl [Ramos] after ng swim until sa bike transition. Nag-breakaway kami ni Matthew pag-start ng run, then nag-sprint na kami sa last 150 meters,” explained the 23-year-old Remolino, a 2nd year marketing student at University of San Carlos.

In the women’s division, Alcoseba clocked 1:05:19 to claim her fourth straight title in the event organized by the Triathlon Philipines headed by Tom Carrasco.

Erika Nicole Burgos of Tanauan, Batangas (1:06:56) and Katrina Salazar of Mandaluyong City (1:08:53) placed second and third, respectively.

“I had a good training. It’s nice to win again,” said Alcoseba, fourth year civil engineering student at De La Salle University. She won one gold (4x200m freestyle relay), two silver (400m Individual Medley and 800m freestyle) and one bronze (400m freestyle relay) medals in the UAAP Season 87 swimming competition.

In the Junior Elite category, the top three finishers in the men’s division were Dayshaun Karl Ramos (57:17), Darell Johnson Bada (59:38) and Euan Arrow Ramos (59:40) while in the women’s division were Dhana Victoria Seda-Lomboy (1:09:54), Maria Celinda (1:14:50) and Candace Marie (1:15:12).

In the age group sprint, which also covered 750m swim, 20km bike and 5km, the winners in the men’s division were Christopher Adrian Te of TDN Con-Steel Builders (16-19), Daniel Nazarro of Baguio Benguet Triathlon (20-29), Norman Resurrecion of FITPH (30-39), Raffy Dolor of Artemis Victory (40-49), Joey Veloso of Paynet Amigo Tri (50-59), and Michiel Van Der Auwera of Westgrove (60 and over).

Champions in the women’s division were Aira Danara Soguilon Gregorio of DentalWay-HTC-GTT (16-19), Edellaine Mae Digos of Olongapo Junior Trackers Multisports (20-29), Rhia Mae Alexandra Stawicki of Triclark Triathlon Team (30-39), Franchesca Carpo of Polotri Team (40-49), Bic Ferreria of Amigo Tri (50 and over).

In the Para Triathlon, the winners were Jake Lacaba (men’s PTS2), Raul Angoluan (men’s PTS3),

Alex Niño Silverio (men’s PTS4), and Joshua Nelmida and Bernard Matthew Cruz (men’s PTSVI)

The NAGT is sponsored by the Philippine Sports Commission (PSC), Milo, Standard Insurance, LeGarde, Gatorade, Asia Centre for Insulation Philippines, Inc. and Fitbar with support from Subic Bay Metropolitan Authority, RaceYa, Stat Med and MTiming.

For local triathlon updates, visit https://www.facebook.com/TriPhil.

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Note: The above content was sourced from a press release issued by TriPhil. Some parts were edited for this website.

Did many undocumented Filipinos leave America before Donald Trump’s return as US President?

January 27, 2025January 26, 2025carlocarrasco

By the time you are reading this, it has been days since Donald Trump formally returned as President of the United States. That being said, it has been months since Filipinos staying illegally in America have been advised to not wait to be deported by Trump’s new administration which itself has made clear it new immigration policy. In fact, the search, apprehension and deporting of illegal immigrants in America are already in effect (click here and here). In a recent report by GMA Network, the Philippine embassy in the United States is not certain how many undocumented Filipins left America to avoid the mass deportation.

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

The Philippine Embassy in Washington has yet to determine if many undocumented Filipinos have already left the United States ahead of the anticipated mass deportation under the Trump administration, an envoy said on Monday.

“We are not sure whether many of those that are undocumented na ating mga kababayan have left,” Philippine Ambassador to the US Jose Manuel Romualdez told Unang Balita in an interview.

Romualdez said the embassy has advised undocumented Filipinos to leave the US as deported individuals will not be allowed to come back.

“Yun nga ang advice namin sa kanila. Kung wala talaga silang legal path, it is better they go na muna para makabalik sila dito at some point in time. Kasi kapag ma-deport ka, talagang hindi ka na makakabalik,” he said.

(That’s our advice to them. If they really don’t have a legal path, it’s better they go already so they can come back here at some point in time. Because once you get deported, you really can’t come back.)

According to Romualdez, the US government said those who have criminal records as well as the 1.3 million immigrants who are already processed will be prioritized for deportation.

In November last year, the Department of Migrant Workers (DMW) said it would assist over 300,000 undocumented Filipinos in the US who could possibly be deported.

DMW Secretary Hans Leo Cacdac said that there are an estimated 370,000 undocumented Filipino immigrants in the US.

“The DMW is prepared to assist our OFWs, whether they are documented or undocumented OFWs. Under the directives of our President, a whole-of-government team is here to provide support to possible deportees,” Cacdac said.

During Trump’s first term in the White House from 2017 to 2020, over 3,500 Filipinos were deported with the highest being recorded in 2018 with 503.

In his victory speech, Trump reiterated that he would close borders in the United States and would impose stricter laws against illegal aliens.

“We gonna have to seal up those borders, we are gonna have to let people come into our country. We want people to come back in, but they have to come in legally… We are gonna start by putting America first,” he said.

Let me end this post by asking you readers: What is your reaction to this recent development? Do you think many illegal Filipinos have left the United States before Trump formally returned as US President? Have members in your local community turned too sympathetic to illegal immigrants and perceived them as refugees? Do you realize that there are violent criminals and terrorists among the many millions of foreigners who illegally entered the United States under the failed Biden-Harris administration?

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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