Bongbong Marcos – Page 3 – Author Carlo Carrasco

I Love Israel: Israel Sees the Philippines as Emerging Market for Cybersecurity Solutions

August 22, 2025August 13, 2025carlocarrasco

Recently, Israel and its technology and cybersecurity companies saw potential in the Philippines as an emerging and interesting market for cybersecurity solutions, according to a Philippine News Agency (PNA) news article. Israel also noticed the Philippines’ strong potential for long-term business partnership.

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

The Israeli Embassy to the Philippines as well as Israeli technology and cybersecurity companies on Tuesday acknowledged the potential of the country as an emerging market for cybersecurity solutions.

In a cyber roadshow initiated by the Israel Economic Mission to the Philippines held in Taguig on Tuesday, Economic Counsellor Ofek Venecianer highlighted the country’s rapid digital transformation, cyber threat exposure, and its strong potential for long-term business partnership.

She also cited President Ferdinand R. Marcos Jr.’s speech during his recent State of the Nation Address (SONA), wherein he stressed the need for digitalization for the Philippines to keep up with its neighboring countries and do business with them.

In an interview, Venecianer said the level of interest from Israeli cybersecurity firms in the Philippine market is “one of the highest in Asia,” with many Israeli companies actively seeking to enter or expand in the country.

Venecianer cited Israel’s security situation, which she said led to it being one of the countries with the most advanced technology.

“It is very natural for Israel to look towards the US and Europe, but now Asia is a growing market and the Philippines specifically is really an interesting market for them,” she said.

“They really understand the potential in the market and they are approaching us actively to have our assistance in entering the Philippine market, but I also [look at] it the other way around, with Philippine entities and agencies from the government and the private sector reaching out and seeking cybersecurity solutions.“

Eight Israeli companies specializing in various cybersecurity fields, from cloud and data protection to securing physical devices, joined the event to meet with government agencies, private companies, and academic institutions.

Venecianer said some of these companies already have local partners, while others are considering expanding operations in the Philippines.

Israel Deputy Ambassador Ester Buzgan, meanwhile, cited the importance of the similarities in the cultural orientation of Israelis and Filipinos. She also pointed to the Philippines’ English proficiency and strategic role in Southeast Asia as factors that make it more attractive for Israeli firms.

“We do business with friends, and Filipinos and Israelis share that connection of trust,” Buzgan said.

In opening the event, Ambassador-designate Dana Kursh said the Philippines’ ongoing digitalization presents a critical opportunity to integrate strong cyber safeguards at the outset. She also cited the long-standing relationship between the Philippines and Israel, making the country attractive to Israeli companies.

“I think that what connects both of our people is basically three F’s —family, friendliness, and faith. It’s something that connects us, and its something that is present both in the Philippines and in Israel,” Kursh said.

This newest development shows the continuing growth of Israel-Philippines ties with cybersecurity in mind. Here in the Philippines, a lot of scammers are still hounding Filipinos through email and mobile devices, and some people became victims of cybercrime. These trends and unfortunate events only show that the Philippines still needs to do more to ensure cybersecurity not only for the citizens but also for enterprises of all sizes. That being said, a strong engagement with the Jewish state on cybersecurity will be beneficial to the Filipino people. Also beneficial is the increased trade and Israeli investments coming in once cybersecurity gets better.

To my fellow Filipinos reading this, I encourage you to accept the truth that Israel is the land God designated specifically for the Jewish people (read Genesis 35:10-12) and His command must be followed without hesitation. If you want to be blessed further by the Lord, do so by loving and blessing the Jewish people (Genesis 12:1-3). I did my part when I was in Israel. Also, let me remind you all that the ties between the Jews and Christians are truly biblical!

I encourage you all to pray to the Lord God in support of Israel, to love and bless the Jewish people, and pray for the peace of Jerusalem. Pray to Him so that Israel-Philippines ties and cooperation will keep growing stronger and more resilient no matter what happens around the world.

If you truly believe in Lord Jesus, the Holy Spirit and God the Heavenly Father wholeheartedly and you continue to be faithful, you should be aware that Christians are meant to stand united with Israel and love the Jewish people no matter what. You can do your part supporting Israel by donating to Christians United for Israel (CUFI). Do not forget to read the Holy Bible, then pray in tongues to the Lord in the privacy of your room with the door shut.

Always be the fearless and aggressive church of Lord Jesus! Always stand in support of Israel and its ties with the Philippines!

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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 athttps://www.instagram.com/authorcarlocarrasco

Barangay and Sangguniang Kabataan Elections (BSKE) officially moved to November 2026

August 16, 2025August 15, 2025carlocarrasco

In case you missed the news, the Barangay and Sangguniang Kabataan Elections (BSKE) – originally scheduled for this year – has officially been moved to November 2026 as Philippine President Ferdinand “Bongbong” Marcos, Jr., signed into law a measure passed by Congress, according to a Manila Bulletin news report. Notably, the BSKE will be held every four years staring in 2026.

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 signed into law a measure extending the term of office for barangay and Sangguniang Kabataan (SK) officials to four years as he postponed the December 2025 BSK elections to November next year.

Republic Act No. 12232, signed by the President on Wednesday, Aug. 13, amends the current three-year term and limits barangay officials to a maximum of three consecutive terms in the same position. SK officials, meanwhile, are limited to one term.

Under the law, the next barangay and SK elections will be held on the first Monday of November 2026 and every four years thereafter. Winners will assume office on the first day of December following their election.

All incumbent barangay and SK officials will remain in their posts until their successors have been elected and qualified, unless they are removed or suspended for cause.

The measure bars incumbent barangay officials serving their third consecutive term from running for the same position in the 2026 polls. The same applies to SK officials who have already served their maximum term.

The Commission on Elections (Comelec) is mandated to issue implementing rules and regulations within 90 days from the law’s effectivity, which takes place immediately after publication in the Official Gazette or a newspaper of general circulation.

Let me end this post by asking you readers: What is your reaction to this recent development? Were you surprised to see the BSKE elections postponed again? What do you think of the new rules regarding the terms of service for barangay and SK officials?

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 Congressman Yamsuan seeks passage of Equal Maternity Protection Act

August 14, 2025August 6, 2025carlocarrasco

Following the 4^th State of the Nation Address (SONA) of Philippine President Ferdinand “Bongbong” Marcos, Parañaque’s 2^nd District Representative Brian Yamsuan seeks passage of House Bill No. 224 (Equal Maternity Protection Act) which is one of his more notable proposals in the House of Representatives, 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…

Parañaque City 2nd Rep. Brian Raymund Yamsuan has highlighted the significance of one of his pet bills in the 20th Congress following President Marcos’ his fourth State of the Nation Address (SONA) earlier this week.

In a statement Wednesday, July 30, Yamsuan sought the passage of House Bill (HB) No.2240, or the Equal Maternity Protection Act. It aims to provide maternity cash benefits for women workers in the informal sector.

Specifically, the measure seeks “a one-time direct maternity cash benefit per delivery” to informal sector female workers “equivalent to the prevailing minimum wage rate in their region of residence multiplied by 22 days”.

Once the bill becomes law, a female worker in the informal economy who lives in Metro Manila where the prevailing minimum wage rate is P695 will receive P15,290 from the DSWD after giving birth.

Yamsuan’s proposal covers women workers in the informal economy who are not members of the Social Security System (SSS), whether on a regular or voluntary basis. These include freelancers, own-account workers, home-based workers and workers in unrecognized or unregulated employment relationships.

In his SONA last Monday, July 30, President Marcos expressed a renewed commitment to expand opportunities for low-income Filipinos to set up small businesses. The Department of Trade and Industry (DTI) said that among the expected beneficiaries of this SONA commitment are women.

“Malaking bahagi ng ating mga informal workers na kasama sa pagpapasigla ng ating ekonomiya ay mga kababaihan at karamihan sa kanila ay walang benefits na natatanggap mula sa gobyerno. Ang ating panukalang batas ay layuning mabago ang ganitong di-patas na pagtrato sa kanila,” Yamsuan said.

(A big chunk of our informal workers who contribute to energizing our economy are women and many of them do not receive any benefits from the government. Our bill aims to change this unfair treatment of them.).

HB No.2240 intends to amend certain provisions of Republic Act (RA) No.11210, or the Expanded Maternity Leave Law in which eligibility is limited only to women who are SSS members and contributors.

Yamsuan said that in his district alone where he has helped provide jobs and livelihood opportunities through his Bigay Negosyo and Dagdag Pangkabuhayan programs, the majority of the beneficiaries were women.

Let me end this post by asking you readers: What do you think about this recent development? If you are a resident of Parañaque, do you find the details of Congressman Yamsuan’s proposal clear and concise? Do you think the proposal will be able to help a lot of women in the informal sector once it becomes a law? If you are a 2^nd district voter of Parañaque, do you like what Congressman Yamsuan is doing?

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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Philippines attracts 3.47 million international visitors as of July 30, 2025

August 10, 2025July 31, 2025carlocarrasco

As the Department of Tourism (DOT) gave the press updates about the state and direction of tourism, it was revealed that the international visitors who arrived in the Philippines this year reached less than 3.5 million as of July 30, according to a Philippine News Agency (PNA) news article.

For the newcomers reading this, the DOT confirmed early this year that the nation attracted less than 6 million foreign tourists in 2024 (note: the declared target was 7.7 million) and quickly pointed to all-time high revenue for success and the tourism industry as a whole contributed 8.9% to the 2024 Philippines gross domestic product (GDP).

By attracting 3.47 million international visitors as of July 30, 2025, it looks like the Philippines will barely reach the 6 million mark by the end of the year, and there is no denying the fact that not enough foreign tourists are visiting the country. Keep in mind that in the Philippine perspective, international visitors include both foreign tourists and overseas Filipinos.

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

The Philippine tourism sector has so far generated USD4.2 billion (PHP242 billion) in visitor receipts from Jan. 1 to June 18, the Department of Tourism (DOT) said Thursday. Tourism Secretary Christina Frasco said the figure is up 0.48 percent, year on year.

As of July 30, the agency recorded 3,473,726 international visitors – 3.15 million foreigners and 317,536 overseas Filipinos.

In a media briefing in Makati City, Frasco said the DOT is planning to recalibrate its targets for 2025 to take into consideration the challenges the sector is currently facing.

Despite this, aggressive promotions will continue in the Philippines’ top markets, including South Korea, Japan, and the United States.

The DOT, Frasco said, would also increase Philippine exposure in Canada to capture more Canadian visitors with the recent launch of direct flights from Air Canada.

With recalibration underway, Manila is likewise looking at emerging markets to boost arrivals, among them Australia, the United Arab Emirates, and India, Frasco said.

“We’re taking a very close look at these exciting markets, especially India, which now has visa-free access and forthcoming direct flights to Manila,” she said.

Let me end this post by asking you readers: What is your reaction to this recent development? Do you think the DOT right now cannot come up with effective solutions to make the Philippines a more attractive tourist destination? Do you think Congress should increase the annual budget of the DOT so that it can execute its tourism plans? Does the DOT need a new leader right now?

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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Land Transportation Office (LTO) urges motorists to avail of online driver’s license renewal

August 7, 2025July 30, 2025carlocarrasco

Recently the Land Transportation Office (LTO) urged motorists to take advantage of the online driver’s license renewal process which would save them time and money when compared to personally doing it at physical renewal centers, according to a Manila Bulletin news report.

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

Land Transportation Office (LTO) chief Assistant Secretary Vigor D. Mendoza II urged all its clients to avail of the online driver’s license renewal in order to save time and money for the transaction.

By availing of the online platform, Mendoza said motorists would save time and money compared to personally going to LTO offices just to renew their driver’s license.

“With this digital platform, our kababayan, especially the busy workers, will save more time, energy and even their hard-earned money if they avail of this because they no longer have to go to LTO offices for this particular transaction,” said Mendoza.

“And another benefit of this technology is we are able to reduce human intervention, which means that this is an effective anti-fixer and anti-corruption platform,” he added.

The online driver”s license renewal, which was mentioned by President Marcos in his State of the Nation Address (SONA), can also be accessed through the eGov app.

Mendoza said he already instructed all Regional Directors to amplify the traditional and social media campaigns to promote online driver’s license renewal. The online driver’s license renewal is fully available not only in the country but also abroad.

Let me end this post by asking you readers: What is your reaction to this recent development? Have you tried renewing your driver’s license online as the LTO stated? Is the online driver’s renewal system functional and efficient? How many motorists in your local community prefer to have their licenses renewed at the physical offices of the LTO?

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 says America’s 19% tariff may cut Philippines GDP growth slightly

August 5, 2025July 28, 2025carlocarrasco

In the middle of mixed reactions towards the United States’ 19% tariff on Philippine exports, Nomura Global Markets Research stated that the country’s gross domestic product (GDP) growth could be cut by 0.4%, according to a BusinessWorld news report. Recently, US President Donald Trump and Philippine President Ferdinand “Bongbong” Marcos, Jr., met in the White House which resulted in the new tariff.

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

THE United States’ 19% tariff on Philippine goods could cut the Philippines’ gross domestic product (GDP) growth by 0.4 percentage point (ppt), Nomura Global Markets Research said.

In a report, Nomura said the US tariff of 19% on Philippine goods is “fairly high” and poses downside risks to growth.

“We estimate the direct effects could reduce our baseline GDP growth forecasts by a still-substantial 0.4 ppt in the Philippines.”

Nomura said this projection is “relatively substantial” compared to its baseline growth forecasts of 5.3% and 5.6% for this year and 2026, respectively.

“This is partly because we assigned 10% as the level where the reciprocal tariff rate could settle, on the assumption that the Philippines is a strong ally of the US and is not a third country for transshipments,” Nomura said.

“As it turns out, despite the visit to Washington by President Marcos and both sides reiterating the need for a strong partnership, the tariff was still set at 19%, which is even higher than the ‘Liberation Day’ level of 17%.”

Last week, Philippine President Ferdinand R. Marcos, Jr. met with US President Donald J. Trump at the White House in Washington, DC. Mr. Trump announced a 19% tariff would be imposed on Philippine goods, which will take effect starting Aug. 1.

“The trade ‘deals’ therefore represent upside surprises in terms of tariff rates, especially for the Philippines,” Nomura said.

“As a result, if implemented and these tariff rates are sustained, these will likely further weigh on growth in both countries relative to our current baseline forecasts.”

The government expects GDP to grow by 5.5-6.5% this year, lower than its previous target of 6-8%.

“While these ballpark estimates make sense to us, uncertainty remains high and these are ‘only’ taking into account the direct effects on these ASEAN countries’ exports to the US,” Nomura said.

These estimates do not account for sectoral tariffs, such as in semiconductors and pharmaceuticals, which are currently exempted, it added.

“But as our US team highlights, the risk is these could be set higher, though some countries could be exempted, adding to the uncertainty. As mentioned above, the details of the trade deals with Indonesia and the Philippines are still limited.”

Let me end this post by asking you readers: What is your reaction to this recent development? Do you think the Philippines is in a serious disadvantage with the American tariff of 19% imposed on the nation’s exports? Do you think the Philippine economy still has strong momentum to reach 6% GDP growth by the end of this year?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

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I Love Israel: Talks of possible Free Trade Agreement (FTA) to boost Israeli investments into the Philippines

August 5, 2025July 30, 2025carlocarrasco

In recent times, Israel’s Minister of Economy and Industry Nir Barkat visited the Philippines and he has officially confirmed that the Jewish state and the nation of Filipinos are starting the process for initial negotiations for a free trade agreement (FTA), according to a news article by the Philippine News Agency (PNA). If an FTA is realized sometime in the future, it would mean more Israeli investments coming into the Philippines.

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

The announcement of the Philippines and Israel’s intention to pursue free trade agreement (FTA) talks is certain to bring in more Israeli investments into the country.

Visiting Israel Minister of Economy and Industry Nir Barkat said the Philippines and Israel “actually are starting the process” to initiate negotiations on a free trade deal.

“Usually, it takes few years to sign an FTA. By defining that we will, many investors will start collaborating now,” he told reporters on the sidelines of a reception in Taguig City on Tuesday night.

“When investors see that in a year, two years, at some point in time, there’s going to be an FTA, they (start) to invest already. The impact of announcing that we will be doing a deal together is quite immediate.“

Barkat said Israeli firms are eager to expand businesses on a number of areas, specifically agricultural technology and food technology in the Philippines. Israel, he said, is also intent on growing its already robust trade with the country.

“My goal is to have 10 times more trade in 15 to 20 years with all countries, including the Philippines. In order to scale to such volumes of trade, we need to put foundation for long term infrastructure, and that’s what we’re doing in this visit,” he told the Philippine News Agency in a separate interview.

Barkat said he sees the Philippines as a partner that could aptly “complement” Israel both by scale and scope.

In his 4th State of the Nation Address on Monday, President Ferdinand R. Marcos Jr. said the Philippines is ready to receive local and foreign investors, especially on agriculture.

This newest development shows the continuing growth of Israel-Philippines ties with trade in mind. Even though Israel remains fighting the Palestinian terrorist group Hamas in Gaza, the Jewish state still manages to have economic breakthroughs (click here and here). Given the fact that Israel won the 12-day War over terrorist state Iran, that alone is enough to be confident about Israel’s economy and the prospects of Israeli enterprises and entities investing overseas. Besides, the Philippines can benefit not only from the finances of Israeli investments, but also from Israel’s advanced technologies and job creation for Filipinos.

Always be the fearless and aggressive church of Lord Jesus! Always stand in support of Israel and its ties with the Philippines!

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Investment firm Cerberus Capital Management will invest P15 billion more in the Philippines

August 4, 2025July 27, 2025carlocarrasco

While a lot of economists stated that the economy of the Philippines is unlikely to achieve 6% growth this year, the New York-based investment firm Cerberus Capital Management is investing an additional P15 billion in the country, according to a Philippine News Agency (PNA) news article. For the newcomers reading this, Cerberus is the operator behind the Agila Subic Shipyard.

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

New York-based alternative investment firm Cerberus Capital Management is investing an additional PHP15 billion in the Philippines within a year, as it sees progress in its existing operations and government support for foreign investors.

The company, which operates the 300-hectare Agila Subic Shipyard, the former Hanjin Shipyard in Subic Bay that it acquired in 2022, disclosed the plan during a meeting with President Ferdinand R. Marcos Jr. in Washington, DC earlier this week.

In a press release Friday, the company said the additional investments will be used to update the shipyard and introduce new projects in logistics, energy, and transport infrastructure.

Cerberus managing director Alexander Benard said they are “encouraged by the progress we’ve seen and by the strong support from the Philippine government.”

“We believe the Philippines holds significant long-term potential as a regional hub for industrial and logistics activity. We look forward to building on this momentum and supporting the development of our key strategic assets in the Philippines,” he said.

Let me end this post by asking you readers: What is your reaction to this recent development? Do you think the economy of the Philippines will experience a breakthrough of additional foreign investments over the next six months?

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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Philippines deports over 1,400 foreigners over immigration law violations

August 2, 2025July 26, 2025carlocarrasco

While Spain and other nations of Europe are struggling with the high number of illegal migrants and foreign nationals who keep on trespassing into their respective territories, the Philippines deported more than one thousand four hundred foreigners in the first half of 2025 over a series of violations of immigration law, according to a news article by the Philippine News Agency (PNA).

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

The number of foreign nationals who were deported during the first half of the year doubled compared to last year, the Bureau of Immigration (BI) reported Friday.

According to Commissioner Joel Anthony Viado, data from the bureau’s deportation and implementation unit (DIU) revealed that a total of 1,422 foreign nationals were deported due to immigration violations during the period. The BI recorded 717 deportees during the same period in 2024.

Chinese nationals topped the list with 957, followed by 231 Vietnamese, 41 South Koreans, 41 Malaysians, and 37 Burmese.

Viado said majority of the deportations were foreigners found to be illegally working in Philippine offshore gaming operators (POGOs) in the country despite the ban.

“Our strengthened deportation protocols follow the directive of the President to act swiftly and remove foreigners who abuse our people’s hospitality. We will continue expediting the deportation of foreign nationals who violate our laws,” the BI chief added in a statement.

The BI earlier reported improvements in deportation protocols, including fast-tracking clearances in partnership with the National Bureau of Investigation, immediate resolution of cases suspected to be filed under the ‘demanda me’ scheme, regular coordination with embassies for swift issuance of travel documents, and opening of a new holding facility for arrested aliens. Meanwhile, Viado also reported the arrest on July 22 of two Sudanese nationals found to be undocumented in San Carlos City, Pangasinan.

Let me end this post by asking you readers: What is your reaction to this recent development? Do you think the national authorities will be able to apprehend and deport more illegal aliens who are still on the lose all over the Philippines? Do you think the authorities can double the number of deportees by the end of this year?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

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ADB sees Philippine economy growing by 5.6% this year

August 1, 2025July 24, 2025carlocarrasco

By pointing to a variety of factors, the Asian Development Bank (ADB) recently announced that the economy of the Philippines will grow by 5.6% this year, according to a news article by the Philippine News Agency (PNA). The ADB recently released its latest economy report.

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

The Philippines is expected to post the second highest economic growth in Southeast Asia this year despite the downgrade in growth outlook due to external headwinds, a report released by the Asian Development Bank (ADB) showed.

In its Asian Development Outlook July 2025 report released on Wednesday, the ADB said Philippine economic growth is expected to settle at 5.6 percent this year.

The growth outlook for the Philippines is the second highest in Southeast Asia, next to Vietnam’s 6.3 percent. Indonesia is projected to grow by 5 percent, Malaysia by 4.3 percent, Singapore by 1.6 percent, and Thailand by 1.8 percent.

For 2026, growth is expected to slightly pick up to 5.8 percent.

The ADB’s latest projection, however, was lower than its 6 percent for 2024 and 6.1 percent for 2025 economic growth forecast amid external headwinds. The Philippine economy grew by 5.4 percent in the first quarter of the year.

“Domestic demand grew 6.7 percent, supported by easing inflation and monetary policy. However, net exports dragged on growth as brisk imports outpaced exports,” the ADB said. It added that manufacturing index (PMI) recovered slightly to 50.7 in June from 50.1 in May.

“Consumer sentiment was positive in the near term. Unemployment was low at 3.9 percent in May, and remittance growth of 3.0 percent helped sustain household spending,” it said.

The ADB, however, said that business confidence softened amid heightened global policy uncertainties.

According to the ADB, economic forecasts for most countries in Southeast Asia have been downgraded for 2025 and 2026 due to the continuing global growth slowdown and increased trade uncertainty.

“Weaker external conditions have hurt business and consumer sentiment and threaten to disrupt investment in the subregion,” it said.

“Except for Indonesia, the largest economy in the subregion, all Southeast Asian economies are expected to post weaker growth in the next two years.”

Let me end this post by asking you readers: What is your reaction to this recent development? Do you think it is still possible for the economy of the Philippines reach 6% GDP growth by the end of 2025?

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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