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Philippines Economic Growth May Slow Down To 4.2% This Year

March 10, 2026March 3, 2026carlocarrasco

In the view of the University of Asia and the Pacific (UA&P), the growth of the economy of the Philippines may slow down a bit further this year to 4.2%, according to a BusinessWorld news report.

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

PHILIPPINE ECONOMIC growth may likely be even slower this year, amid uncertainty over a “meaningful” recovery, the University of Asia and the Pacific (UA&P) said.

In its February The Market Call, UA&P cut its full-year gross domestic product (GDP) growth forecast to 4.2% from the “above 5%” forecast previously.

If realized, this will be even slower than the post-pandemic low of 4.4% GDP growth in 2025 when the flood control scandal dampened government spending and investments.

However, UA&P expects first-quarter GDP growth to pick up to 3.3% from 3% in the fourth quarter of 2025. If realized, it will be slower than 5.4% in the first quarter of 2025.

“More indicators revealed the impact of the flood control scandal, hurting economic growth in 2025 as sentiment points to a ‘muddling through’ scenario for 2026,” it said. UA&P said the government needs to ramp up spending to drive faster growth this year.

“While uncertainty over a meaningful economic recovery remains, we see some bits of light emerging,” it said.

“With inflation remaining in the lowest quarter of BSP (Bangko Sentral ng Pilipinas) target range, policy and interest rates declining, and the peso depreciating, consumer spending, residential property sales, car sales, equipment leasing and other interest-sensitive spending should provide better consumption expenditures in Q1,” it added.

Headline inflation picked up to 2% in January from 1.8% in December and 2.9% in the same month last year.

“A more optimistic PMI in January, along with expected increases in exports and remittances from overseas Filipinos, should be supported by the peso’s depreciation,” UA&P said.

The S&P Global Philippines Manufacturing Purchasing Managers’ Index (PMI) rose to a nine-month high of 52.9 in January due to fresh export orders.

Last year, merchandise exports reached $84.4 billion, reflecting a 15.2% increase amid “holiday demand, US agricultural exemptions, and a weaker peso.”

Cash remittances coursed through banks hit an all-time high in December at $3.5 billion, bringing the full-year tally to a record $35.6 billion.

Meanwhile, the UA&P said that it expects further weakening of the peso after the BSP cut its policy rate by 25 basis points (bps) in February.

The Monetary Board lowered the target reverse repurchase rate by 25 bps to 4.25%, the lowest in over three years. This brought the BSP’s total reductions to 225 bps since it began monetary policy easing in August 2024.

Let me end this post by asking you readers: What is your reaction to this recent development? Do you find the latest economic outlook of UA&P believable and precise? Do you think the fallout from the flood control corruption scandal still is dragging down the economic growth of the nation? Do you think the national government will be able to increase its spending 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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Las Piñas City Government Receives New Training Equipment From TESDA

March 9, 2026March 3, 2026carlocarrasco

Recently in the City of Las Piñas, the City Government (specifically the Las Piñas City Manpower Training Center) received from the Technical Education and Skills Development Authority (TESDA) new training tools, according to a Manila Bulletin news report. Mayor April Aguilar led the ceremonial signing of the deed with TESDA officials.

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

The Las Piñas City Manpower Training Center (LPCMTC) received new tools and equipment following the signing of a Deed of Donation from the Technical Education and Skills Development Authority (TESDA)–NCR and the TESDA Muntinlupa District.

Las Piñas City Mayor April Aguilar led the ceremonial signing with TESDA-NCR Regional Director Angelina Carreon, TESDA MuntiParLas Tapat District Director, TESDA-NCR Assistant Regional Director Gerardo Mercado, and LPCMTC head Engineer Noel Cuevas.

Aguilar said the event marked another milestone in strengthening the city’s technical and vocational training programs.

She said that various tool kits and equipment were awarded for use in LPCMTC’s training courses. These include equipment for assembling electronic products, solar night and post lamps, automotive servicing, cookery, bread making, and servicing consumer and industrial electronics modules and systems.

The mayor added that additional tools for preparing hot and cold meals were also provided.

Aguilar said that with improved training facilities and complete equipment, Las Piñeros are now better equipped to gain employment or start their own livelihoods.

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? Are you delighted that TESDA released new training tools to the City Government? Do you know anyone who took training courses with TESDA in the city?

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

Parañaque Shooting Incident Suspect Apprehended

March 8, 2026March 7, 2026carlocarrasco

After doing a 48-hour manhunt, the local police officers finally apprehended the suspect behind the shooting incident that happened inside a local community which resulted in two fatalities and four people injured, according to a news report by the Manila Bulletin.

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

Police arrested the alleged gunman in a fatal shooting at a condominium basketball court in Parañaque City, which killed two men and critically wounded four others, after a 48-hour manhunt.

The suspect, identified as William, 59, a resident of Barangay Marcelo Green, Parañaque City, was nabbed at around 8:30 p.m. in a condominium unit in Barangay Moonwalk.

According to Southern Police District (SPD) director Brig. Gen. Randy Arceo, the suspect shot dead Edwin, 57, and Arjay, 29, and wounded four others who were then playing basketball. Recovered from the suspect were two 9mm pistols, multiple magazines, and ammunition.

Police discovered during investigation that the suspect had a homicide case in Taguig City in 2012, and a warrant of arrest had been issued against him by a Regional Trial Court in June 2023.

Probers learned that the suspect had argued with one of the fatalities and the wounded victims three months ago.

According to a report from Parañaque City Police chief Col. Nicolas Pinon, the suspect reportedly went down from his unit, entered through the main gate of the basketball court, and started firing shots at a group of men playing basketball.

Pinon said that based on CCTV footage obtained by the police, the group of men scampered in different directions while two victims were critically wounded and later died from bullet wounds.

The city police chief said the suspect exited through the main gate of the basketball court and fled on foot toward a mall after the shooting.

The four injured victims were rushed to a hospital after the incident and were reportedly in unstable condition.

Let me end this post by asking you readers: What do you think about this recent development? If you are a resident of Parañaque, are you thankful to the local police for finding and arresting the suspect? Does this development make you feel safer? What do you think could be the motive behind the shooting?

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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Chinese National Arrested In Batangas For Posing As A Filipino

March 8, 2026March 2, 2026carlocarrasco

The Bureau of Immigration (BI) apprehended in Batangas a Chinese national who posed as a Filipino citizen, according to a news report by the Manila Bulletin. The suspect has a history of acquiring Philippine passports and a driver’s license in the country.

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

A foreigner has been arrested by the Bureau of Immigration (BI) in Batangas for posing as a Filipino and for “fraudulently acquiring” Philippine documents.

Immigration Commissioner Joel Anthony M. Viado presented before the media on Tuesday, Feb. 24, the arrested foreigner who was identified as Chinese national Zhi Ling Guan. He said that Zhi admitted he is not a Filipino.

Viado said that Zhi also uses the aliases Shis Nengyuan and Mike Sy. The “fake” Filipino was arrested last Feb. 20 at the Batangas port, he also said.

Viado said that the Chinese national was using fraudulently his acquired Philippine passports and driver’s license using the name Mark Sy.

“Philippine citizenship is not a commodity that can be fabricated or acquired through deception,” Viado declared.

He warned: “Any foreign national who falsely claims to be Filipino and manipulates our systems to secure official documents will face arrest, detention, and deportation.”

He said the BI acted on the information it received from the Intelligence Service of the Armed Forces of the Philippines (ISAFP) which sought the verification of the identity of the person.

“Biometric checks and inter-agency verification established that the fingerprints appearing in identification documents under the name ‘Mike Sy’ matched those of Zhi Ling Guan, a Chinese national,” he also said.

Let me end this post by asking you readers: What is your reaction to this recent development? What do you think is the main reason the suspect used a fake identity and pretend to be a Filipino? Do you think the government should come up with stronger measures to prevent fraud committed by 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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Japanese Prime Minister Condemns Iran

March 7, 2026March 10, 2026carlocarrasco

Even though it has been severely damaged by the joint forces of the United States and Israel, the Islamic terrorist state of Iran continued to retaliate by launching missiles and drones not only at American and Israeli forces, but also on sovereign nations in the Middle East such as Kuwait, Saudi Arabia, the United Arab Emirates, Islamist Qatar and more. As such, Japanese Prime Minister Takaichi Sanae condemned Iran for the destruction it committed, according to a news article by Nippon TV.

For insight, the Prime Minister previously urged Iran to solve its conflict with America and Israel diplomatically. Economically, Japan is vulnerable as it imports most of its oil from the Middle East and the violence happening in the said region has already caused serious economic disruptions. Japan also opposes any nuclear weapons development program by Iran.

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

Amid continued tensions surrounding the situation in Iran, Japanese Prime Minister Takaichi Sanae spoke on the phone with German Chancellor Friedrich Merz on March 5 and told him she condemns Iran’s actions.

Officials said that at the start of the roughly 20-minute conversation, Merz provided an overview of the international situation, taking into account events including his summit meeting with US President Donald Trump.

In response, Takaichi told Merz that she condemns Iran’s actions, including attacks that have extended to civilian and diplomatic facilities and resulted in civilian casualties. The two leaders agreed to work together to de-escalate the situation as quickly as possible.

Ahead of the phone call, Takaichi met with visiting UAE Minister of Industry and Advanced Technology Sultan Al Jaber at her office.

In the talks, Takaichi asked for cooperation from the United Arab Emirates in safeguarding Japanese nationals and maintaining a stable supply of oil to Japan.

Officials said Jaber expressed his intention to cooperate in areas such as ensuring the safety of Japanese citizens.

Amid escalating tensions in the Middle East, there have been disruptions in logistics, with tankers becoming stalled near the Strait of Hormuz.

Japanese automaker Toyota Motor is said to be considering reducing its production of vehicles bound for the Middle East.

According to sources, Toyota has notified parts manufacturers and other relevant entities about the possibility that it may reduce the number of vehicles produced. Toyota has not disclosed details of its production plans or whether it uses the Strait of Hormuz.

But last year, the company exported about 320,000 vehicles, including Land Cruisers, to Middle Eastern countries.

Let me end this piece by asking you readers: What is your reaction to this development? Do you think the Islamic terrorist regime of Iran is just days away from totally collapsing as the United States and Israel keep on pounding them with military weapons? Do you think the wicked government of Iran is paying any attention to the Prime Minister of Japan? Why do you think the Islamic terrorist regime of Iran deliberately targets civilians with missiles and drones? Did you notice a lot of people in your local community who openly support the Islamic terrorist state of Iran?

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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Only 705,809 Babies Born In Japan In 2025

March 7, 2026March 3, 2026carlocarrasco

Japan’s long-time population problems continued as the number of new children born in 2025 reached only 705,809, according to a news report by Kyodo News. The figure, which includes foreign residents, is the lowest since the counting of newborn children started in 1899.

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

The number of children born in Japan in 2025 fell from a year earlier to 705,809, the fewest since data became available in 1899 and hitting a new low for the 10th consecutive year, health ministry data showed Thursday.

The figure, which includes foreign residents, was down from 2024 by 2.1 percent, or 15,179 births, as the country faces a rapidly graying population and increased anxiety over child-rearing due to the higher cost of living amid inflation. The pace of decline, however, slowed from a year earlier.

In addition to economic anxiety, more people appear to be choosing to marry and have children later in life, or not to marry at all, due to a shift in priorities, experts say.

Population decline showed no signs of abating, with the natural decrease — subtracting the number of births from deaths — hitting the highest ever at 899,845, according to preliminary data released by the Ministry of Health, Labor and Welfare.

The National Institute of Population and Social Security Research had projected that the number of births, including those of foreign residents in the country, would not drop below 710,000 until 2042.

In separate data released by the ministry in June last year, the number of babies born to Japanese nationals in 2024 fell to 680,000, dropping below 700,000 for the first time.

The 2.1 percent decrease shown in the latest data — compared with 5.0 percent in 2024 — likely partially reflects a second straight year of increasing marriages in 2025, up 1.1 percent to 505,656.

The number is still far below the more than 600,000 marriages Japan had seen annually until 2019, before the coronavirus pandemic disrupted normal patterns of social interaction.

“We haven’t been able to turn the trend, unfortunately,” a senior government official said at a news conference on Thursday.

Among the few bright spots for the country’s 47 prefectures, Tokyo and Ishikawa, in central Japan, saw an increase in birth numbers.

The change in Tokyo, where the figure rose by 1.3 percent in the first increase in nine years, could be the result of an influx of people into the capital along with the child-rearing support orchestrated by the metropolitan government, experts say.

Ishikawa’s case is seen as a rebound from a decrease in the aftermath of a devastating earthquake that struck the Noto Peninsula in January 2024.

The remaining 45 prefectures continued to see births decline, with the steepest drop of 8.7 percent in Shimane followed by decreases in Yamagata, Aomori and Nagano.

Rural regions have seen their populations decrease as people opt to leave for schools and jobs. Few municipalities have found a winning formula to reverse the trend.

Let me end this piece by asking you readers: What is your reaction to this development? What do you think the government led by Prime Minister Takaichi Sanae should do to stop the population decline? Do you think allowing more foreigners to legally migrate into Japan is the answer?

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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Parañaque City Shooting Incident Causes Two Deaths And Injures Four

March 7, 2026March 5, 2026carlocarrasco

Recently in the city of Parañaque, a shooting incident that happened in a local community’s basketball court resulted in the deaths of two people and four people getting injured, according to a Manila Bulletin news report. The armed suspect remains at large.

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

Two people were killed while four others were injured in a shooting incident inside a basketball court at a condominium complex in Parañaque on Wednesday night, March 4.

Police said the victims were reportedly playing basketball when a 59-year-old suspect, allegedly armed with a 9mm pistol, opened fire in the area.

The incident occurred at around 7:59 p.m. at the basketball court of Azure Residences, located in Barangay Marcelo Green.

According to Parañaque City Police Chief Col. Nicolas Pinon, the suspect, who is a resident of one of the condominium units, reportedly went down from his unit for no apparent reason, entered through the main gate of the basketball court, and started shooting at the group of men playing basketball.

Pinon said that based on the CCTV footage obtained by the police, the group of men scampered in different directions while two victims were critically wounded and later died due to the shooting.

He added that the four injured victims were rushed to a hospital after the incident and were reportedly in unstable condition.

The city police chief said the suspect exited through the main gate of the basketball court and fled on foot toward SM Bicutan after the shooting.

Let me end this post by asking you readers: What do you think about this recent development? If you are a resident of Parañaque, are you concerned that violent crime like what was reported will continue to happen? What do you think is the motive of the suspect? Do you know anyone who lives in Azure Urban Resort Residences?

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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Two Suspects Arrested In Parañaque City For Selling Fake Luxury Bags

March 6, 2026February 28, 2026carlocarrasco

Recently in the city of Parañaque, two individuals were arrested by the local police for selling fake luxury bags, according to a news report by the Manila Bulletin. The law enforcers responded to a complaint filed by a victim.

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

Police arrested two suspects in an entrapment operation for allegedly selling fake luxury bags on Thursday afternoon, Feb. 26.

The suspects were identified as Glen, 25, and Imel, 29, both residents of Barangay San Isidro, Parañaque City.

They were arrested at a dining establishment along Aseana Avenue in Barangay Tambo during an entrapment operation conducted by members of the Station Intelligence Section and the Investigation and Detective Management Section, in coordination with the AFP Army Intelligence Regiment.

Police said the arrest stemmed from a complaint filed by a 29-year-old call center agent, who reported that the suspects sold her a fake “Birkin” bag from Hermès worth P700,000 last Feb. 7.

The victim told police that the bag was confirmed to be counterfeit after it underwent validation and authentication.

Authorities conducted the entrapment operation after the victim reported that the suspects contacted her again, offering to sell a “Kelly 25” bag from Hermès worth P950,000.

During the arrest, police recovered from the suspects a white Kelly 25 bag and a black Kelly 25 bag, both branded as Hermès, as well as items bearing brands such as Chanel and Coach. A magnifying loupe glass was also seized.

Authorities likewise confiscated several mobile devices, including an iPhone 13, a Samsung Galaxy 11, a Tecno Go Spark 2, and an iPhone 6, along with P2,000 in cash and 98 pieces of boodle money.

Let me end this post by asking you readers: What do you think about this recent development? If you are a resident of Parañaque, are you thankful that the local police officers were successful in arresting the suspects? Do you know anyone who was fooled into spending a high amount of money on fake products?

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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New Debit Mastercard Launched By BPI

March 5, 2026March 3, 2026carlocarrasco

A new debit Mastercard was launched recently by the Bank of the Philippine Islands (BPI) which will be available for free for clients who open an account through bank branches and also for existing clients whose existing cards are about to expire or are due for renewal, according to a business news report by GMA Network.

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

The Bank of the Philippine Islands (BPI) has launched a new debit Mastercard made from 100% recycled PVC-free plastic, as the Ayala-led lender boosts its sustainable banking efforts.

The new card will be available for free for clients who open an account through the bank’s branches and for existing clients with cards nearing expiry or are already due for renewal. Clients who switch to the new card will be charged a P200 replacement fee.

The card—which features a curved notch at the bottom left corner—can be requested through the BPI app or BPI Online, and may be available for pickup at the preferred branch.

“Reimagining the BPI Debit Mastercard to become an eco-friendly card is a testament to BPI’s commitment to its values of sustainability and innovation,” BPI Mass Retail head Jenny Lacerna said in an emailed statement.

“By using sustainable materials for our card, we hope to make sustainable behavior the default option for everyone,” she added.

Let me end this post by asking you readers: What is your reaction to this recent development? What is your observation about the new debit card launched by BPI? If you are an existing BPI account holder, do you intend to request for the new card?

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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Las Piñas City Government To Pursue Legal Action Versus Online Shopping Platforms Over The Selling Of Fake Friendship Route Stickers

March 5, 2026March 3, 2026carlocarrasco

In a serious move against the selling of fake friendship route stickers online, the City Government of Las Piñas that it will pursue legal action against three online shopping platforms that constantly made such items available to customers, according to a news report by the Manila Bulletin. The City Government reiterated that using fake friendship route stickers constitutes penalties.

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

The Las Piñas city government has intensified its crackdown on the illegal sale and use of counterfeit Friendship Route stickers and is preparing to pursue legal action against three online platforms.

Las Piñas City Mayor April Aguilar said the three online platforms were reportedly openly selling counterfeit Friendship Route stickers.

Aguilar stressed that legitimate Friendship Route stickers are distributed free of charge to residents of Las Piñas City.

She warned that selling or using fake stickers is a violation of City Ordinance No. 715-06 and may result in fines and possible imprisonment.

Under the ordinance, violators will be fined P500 for the first offense, P1,000 for the second offense, and P3,000 for succeeding offenses.

Those found violating other provisions of the ordinance may face a fine of up to P5,000 or imprisonment of up to six months, or both.

While the Manila Bulletin report did not mention the names of the online shopping platforms, the City Government’s official announcement explicitly mentioned Shopee, Lazada and Facebook Marketplace.

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? Did you notice that fake Las Piñas friendship route stickers have long been offered for sale in online shopping platforms with prices in the hundreds of Pesos each? Do you personally know anyone using a fake friendship route sticker while driving within the city? Do you hope that City Government’s move will compel the online shopping platforms to crack down on the sellers of the fake friendship route stickers?

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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