Carlo Carrasco – Page 22 – Author Carlo Carrasco

Retro Gaming Ads Blast – Part 37

December 1, 2025December 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 1970s 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. Cabal Japanese arcade flyer/poster

*Can you feel the action and intensity here?*

When it was first released in video arcades in Japan in late 1988, Cabal was another game inspired by military action movies of Hollywood which explains the art work done for the arcade flyer and poster shown above. The Vietnam War was still fresh in people’s minds and the concept of having one or two players firing their weapons against enemy soldiers resonated with gamers who saw Hollywood’s military action flicks. That said, it is not surprising that Cabal became a huge hit in Japan before getting released in arcades around the world.

2. Willows Japanese arcade flyer

Remember the 1988 high fantasy adventure film Willow? That film was produced by George Lucas and was a bold new production of Lucasfilm shifting away from Star Wars. Believe it or not, an official arcade game adaptation of Willow was made by Capcom and they promoted it by having images of Val Kilmer and Warwick Davis on the front of the arcade flyer (opposite the illustrated versions of their characters). The game, which was a side-scrolling platform game with run-and-gun elements, went on to be an arcade hit in Japan and eventually pleased gamers worldwide.

3. Super Punch-Out!! North American print ad

Historically, Nintendo’s Punch-Out!! series started in the arcade in 1984 and the first game was the result of the company’s effort to make a new game using arcade cabinets with two screens. The 2^nd game – Mike Tyson’s Punch-Out!! – became a huge critical and commercial hit (over 2 million copies sold in 1988) on console and it made great business sense for Nintendo for release another Punch-Out!! for its console gamers to enjoy in the comfort of home. In 1994, Super Punch-Out!! was released on the Super Nintendo Entertainment System (SNES) in America and to promote it, the company came up with a hilarious 2-page ad that showed fictional high school graduates with boxing-related injuries. The imagery creatively connected with the words “biggest Punch-Out ever” and “Graduating Class of ‘94”.

4. EA Sports 3-in-1 SNES games print ad

In 1994, Electronic Arts (EA) released their sports games NBA Live 95, NHL 95 and Madden NFL 95 for consoles at the time. Even though the Sega Genesis sold better than Super Nintendo Entertainment System (SNES) in America at the time, EA went on to aggressively market their 3 sports video games on Nintendo’s console using a 3-in-1 games print ad. In retrospect, the SNES for the most part had better graphics and sounds than the Genesis which is reflected clearly on EA Sports games of the time. This print ad still looks fun and exciting.

5. Atari Jaguar CD print ad

*Were you able to play any game on the Atari Jaguar with the CD add-on included?*

Apart from the obvious advances of technology that impacted video games, the 1990s is also known for the rise of CD-ROM as a medium for gaming. In an effort to boost sales of the Atari Jaguar console (launched in America in 1993 for around $250) and capitalize on the trust of the fans and console owners, Atari launched a CD-ROM add-on device for about $150 in 1995. To promote it, the company went aggressive with the 2-page ad showing the add-on fully connected on top of the main console, showing off some games and posting a text description emphasizing hardware power and the advantages that come with the CD technology. Even in the captured image, the Atari Jaguar CD still resembled a toilet. This is an aggressive ad campaign that failed as less than 20,000 Atari Jaguar CD units were sold by the time it was discontinued in 1996.

6. 3DO print ad

*While it lacks intensity, this 3DO ad emphasized the games.*

Without showing any hardware, the 3DO Company came up with this 2-page print ad that had a slightly adulterated tone (look at the left page) and aggressively marketed the 3DO console games available at the time. Games like Demolition Man, Shock Wave, Road Rash and Super Street Fighter II Turbo were the standout titles which clearly showed the company made the effort to emphasize gaming more than multimedia features. This 1990s ad tackled the generations with a touch of humor.

7. Lethal Enforcers II: Gun Fighters Sega Genesis print ad

When Lethal Enforcers II: Gun Fighters was released in the arcades in 1994, it became a commercial success for Konami which went on to announce it would port the game to consoles of Nintendo and Sega at the time. While the port for the Super Nintendo Entertainment System (SNES) was never released, Lethal Enforcers II: Gun Fighters made its way to the Sega Genesis and Sega CD. The print ad of the Sega Genesis version (Sega CD mentioned in small text) had an inspired design emphasizing the Old West, shooting and the conflict between cowboys and Indians. The screenshots gave people the clear idea that Old West was the setting (versus modern day in the previous game). This is still fun to look at.

8. Syphon Filter

*Syphon Filter went on to become a surprise hit game in 1999.*

In 1999, Sony’s 989 Studios released Syphon Filter exclusively on the PlayStation console. This single-page print ad showed a few screenshots on the bottom and several action snippets with a night vision touch ultimately emphasizing the stealth aspect within the gameplay. The marketing proved to be effective as the game sold a lot at retail and went on to establish a new game franchise exclusive to PlayStation consoles.

9. Parasite Eve II Japanese print ad

*Were you a big fan of Aya Brea and the Parasite Eve franchise in the late 1990s?*

Following the critical and commercial success of Parasite Eve in 1998, SquareSoft proceeded with Parasite Eve II and the production (note: initially for a spin-off game before becoming a sequel) did not even involve the main creators of the first game. Instead the company had a different team of developers – including those who previously worked on Resident Evil games for Capcom – in Osaka to make the sequel. This explains why Parasite Eve II had stronger survival horror gameplay resembling a Resident Evil game. As major changes were made during the production, it was decided that Aya Brea would become the main protagonist and already the character was already popular with gamers. That being said, the marketing of Parasite Eve II for the Japanese market heavily featured Aya Brea with subtle sexiness, beauty and action in mind. The marketing intensified leading to its eventual December 16, 1999 release in Japan.

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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

Preventive Maintenance And Other Improvements On SCTEX

December 1, 2025November 24, 2025carlocarrasco

The Subic–Clark–Tarlac Expressway (SCTEX) undergoing improvements by means of maintenance works and asset enhancements by the NLEX Corporation, according to a Malaya Business Insight news report. This means better travel and improved safety for the many motorists who use the SCTEX.

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

NLEX Corp., the concessionaire of the 94-kilometer Subic–Clark–Tarlac Expressway (SCTEX), recently rolled out a series of asset enhancement and preventive maintenance works to reinforce road safety, and help in providing an improved driving experience for motorists.

“We’re focused on delivering improvements that our motorists can truly feel on the road,” NLEX president and general manager Luis Reñon declared in a statement on November 20.

Approximately 3,700 square meters were reportedly completed from Dinalupihan to Tarlac, focusing on uneven surfaces and minimizing potential driving hazards.

The company also installed 22 additional sets of rumble strips at key locations along SCTEX. These strips produce mild vibrations and audible cuesfor drivers, promoting more attentive and safer driving behavior. A total of 26 rumble strips are now laid out across the expressway.

Median, or center guardrails, from Dolores to Luisita have been being raised by 30cm for the asphalt overlay. This adjustment maintains safety standards, and helps preserve roadway integrity.

Let me end this post by asking you readers: What is your reaction to this recent development? When was the last time you drove along the SCTEX?

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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Investors’ Interest In Nuclear Energy In The Philippines Remains Strong

November 30, 2025November 24, 2025carlocarrasco

The future of a nuclear-powered Philippines remains achievable as the Department of Energy (DOE) confirmed that investors are strongly interested in nuclear energy in the country, according to a BusinessWorld news report.

For the newcomers reading this, more Filipinos expressed through a survey their preference for nuclear power for electricity, PhilATOM was signed into law by President Ferdinand “Bongbong” Marcos, and Meralco is preparing its bid for a nuclear power license.

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

INVESTORS are still keen on developing nuclear energy projects in the Philippines, the Department of Energy (DoE) said, as the government prepares to start accepting applications next year.

Energy Secretary Sharon S. Garin said there is significant investor interest in nuclear energy projects in the Philippines, as some companies have already presented their ideas.

Speaking to reporters on Friday, Ms. Garin said companies want to go into nuclear energy as they see it as a possible solution to serve baseload capacity and to cater to the increasing demand from data centers.

“They’re very interested and are waiting for us to finalize the site selection and site evaluation,” she said in mixed Filipino and English.

The DoE plans to begin accepting applications for nuclear energy projects by 2026 as part of efforts to integrate nuclear power into the country’s energy mix by 2032.

Under the Philippine Energy Plan, the country aims to integrate nuclear energy into the power mix with at least 1,200 megawatts (MW) of capacity by 2032, increasing it to 2,400 MW by 2045 and to 4,800 MW by 2050.

“I understand, the companies are waiting for us to guide them on which are the areas that are more feasible. But some companies have already approached DoE to enter into a memorandum of agreement, non-exclusive, to explore the possible nuclear power plant development,” Ms. Garin said.

She said some energy firms have expressed interest in nuclear energy development such as power distributor Manila Electric Co. (Meralco) and power generation firm Aboitiz Power Corp.

In a separate interview, Meralco Executive Vice-President Chief Operating Officer Ronnie L. Aperocho said that the company waiting to see the ongoing development of Romania’s first small modular reactor before proceeding on its own.

“There is a requirement from PhilATOM (Philippine Atomic Energy Regulatory Authority) that the first-of-its-kind technology must run of at least about two years without any incidents before we can adopt it here in the Philippines. So, we have to go through that two-year requirement,” he said in mixed Filipino and English.

In September, President Ferdinand R. Marcos, Jr. signed Republic Act No. 12305, the Philippine National Nuclear Energy Safety Act, which created PhilATOM.

PhilATOM is an independent quasi-judicial body tasked with overseeing all nuclear and radiation activities in the country. Under the law, PhilATOM will hold sole and exclusive jurisdiction over the regulation of nuclear energy and radiation sources in the Philippines, ensuring their peaceful, safe and secure use.

Let me end this post by asking you readers: What is your reaction to this recent development? Do you think nuclear power in the Philippines will become a reality over the next several years?

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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Eight Vietnamese Nationals Arrested In Parañaque City Over Visa Violations And Online Scam Involvement

November 29, 2025November 23, 2025carlocarrasco

Recently in the city of Parañaque, elements of the Bureau of Immigration (BI) apprehended eight Vietnamese nationals in a hotel for allegedly overstaying, illegal employment and suspected involvement in online scam operations, according to a news report by DZRH.

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

Eight Vietnamese nationals in Parañaque City were arrested by the Bureau of Immigration (BI) for allegedly overstaying, unauthorized employment, and suspected involvement in online scam operations.

The BI operatives conducted an enforcement operation on November 11 at a hotel unit along Roxas Boulevard, where they apprehended 29-year-old Nguyen Phan Gia Khuong, along with seven other Vietnamese nationals, which 6 more men and one woman.

Initial reports indicate that Khuong reportedly overstayed in the country and allegedly engaged in work and activities not authorized under his immigration status. Authorities further said he is connected to suspected online scams targeting foreign victims.

While conducting the inspection, officers found drug-related items and several bullets in a separate room within the same building. The evidence was promptly recorded and handed over to the proper law enforcement authorities for further investigation.

BI Commissioner Joel Anthony Viado stressed that the agency is resolute in its crackdown on foreign nationals who exploit the country’s hospitality.

Viado also stated that the Philippines will not tolerate individuals who violate its laws or engage in illegal activities. He added that their agency is intensifying operations to ensure that those who pose a threat to public safety are apprehended and deported.

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 there could be more illegal aliens secretly living and doing online scam operations 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

Las Piñas Congressman Points To Construction Firm Of Former City Councilor Over Multiple Public Works Contracts Worth Billions

November 28, 2025November 21, 2025carlocarrasco

Recently Las Piñas City’s congressman Mark Santos pointed to the construction firm of former city councilor and mayoral candidate Carlo Aguilar having cornered multiple public works contracts worth several billions of Pesos since 2016, according to a Malaya Business Insight news report.

For the newcomers reading this, former councilor Aguilar is the cousin of Senator Mark Villar who himself took office as secretary of the Department of Public Works and Highways (DPWH) in 2016 during the administration of then Philippine President Rodrigo Duterte. During the 2025 National and Local Elections, Aguilar ran for mayor under the banner of the Villar political family but lost to then Vice Mayor April Aguilar.

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

LAS Piñas Rep. Mark Anthony Santos yesterday said a construction firm of Carlo Aguilar cornered 161 public works contracts worth billions since 2016, the same year that his cousin Sen. Mark Villar was appointed as secretary of the Department of Public Works and Highways (DPWH) by then President Rodrigo Duterte.

“The scale, frequency, and consistency of these awarding raise serious red flags that warrant immediate scrutiny,” he said in a statement, adding there is a “deeply alarming pattern” in national infrastructure spending.

The Villar family was linked to the flood control controversy after Ombudsman Jesus Crispin Remulla said Aguilar’s I&E Construction was awarded P18.5 billion worth of flood control and infrastructure projects during his tenure as public works secretary under the Duterte administration.

Santos said according to official documents he has obtained, I&E Construction Corp. secured multiple projects in Las Piñas starting in 2016, including the construction and rehabilitation of a flood control structure along the Alabang–Zapote Road, worth P6.9 billion.

In the same year, he said, the DPWH awarded a P64.5-million contract to I&E for the construction of a slope protection structure along Naga Creek, also in Las Piñas.

In total, Santos said, I&E bagged 13 public works contracts that year, the same year that Villar was appointed as DPWH head.

“There are so many projects, it’s one after the other, worth billions. These projects didn’t just fall from the sky. The public deserves full transparency on how and why a single family-linked contractor repeatedly secured massive government contracts,” he said in mixed Filipino and English.

He urged the Office of the Ombudsman, the Commission on Audit (COA) Congress to look into “potential conflicts of interest, preferential treatment or violations of procurement laws.”

He also called on the DPWH to release all documents related to bidding, awards, and implementation of the 161 projects to ensure full transparency.

Santos cited the testimony of former public works undersecretary Roberto Bernardo before the Senate Blue Ribbon Committee that commissions from approved DPWH projects were divided among officials: half to Aguilar and the remaining half was split between former undersecretary Maria Cabral and Bernardo, himself.

Santos said that in 2017, I&E secured six government infrastructure projects, including the P62.9-million construction of slope protection and other improvements at Talon Creek (from CAA Bridge to Talon Bridge).

Santos said the following year, I&E “captured” 12 multi-million-peso DPWH projects at a time when Mark’s mother, Cynthia, was an incumbent senator and his sister Camille was the lone representative of Las Piñas.

He said documents would show that the largest project that year was the construction of slope protection, including a box culvert and the removal of informal settlers, amounting to P120.7 million.

Santos said all 12 projects were implemented in Las Piñas “along routes leading to malls, subdivisions, and other business interests of the Villar family.”

In 2019, I&E got 14 additional government projects, including the P96.4 million for a flood control structure along the Las Piñas River and its tributaries and two major projects in Mariveles, Bataan: the P94-million road leading to tourism port facilities at the Freeport Area, and the P114.2-million network development program for the Bagac–Mariveles Road.

Santos, who noted that the Villar family has roots in Bataan, said Aguilar’s firm secured 10 government projects in 2020, including various local infrastructure improvements totaling P144.7 million, and the P96.5-million construction of port facilities in Mariveles.

The following year, he said, I&E was awarded 15 projects. Even after Villar resigned as DPWH secretary in October 2021 to run for senator, I&E “continued to secure contracts, cornering 22 projects in 2022, including the ₱144.7-million Laguna Lake Highway Extension (Phase 3), and the ₱289.301-million General Nakar–Dingalan Road, Package A in Quezon province,” Santos said.

This year, Santos said, the construction firm was awarded 17 government infrastructure projects, even as President Ferdinand Marcos Jr. has ordered for a thorough investigation into the scam.

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? Do you think congressman Santos’ quest for truth behind the many projects involving I&E Construction will lead to a full investigation by the national government?

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 Calls On HSBC To Help investors See Economic Opportunities In The Philippines

November 27, 2025November 19, 2025carlocarrasco

As the signs are clear that economic growth of the Philippines has weakened, President Marcos called on financial giant HSBC to help foreign investors realize the economic opportunities in the country, 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…

President Ferdinand R. Marcos Jr. has called on international bank HSBC to help more foreign investors see the huge economic opportunities the Philippines has to offer.

“Together let’s build a more progressive Philippine economy, where people can access reliable financial services, obtain meaningful opportunities, and live more dignified, comfortable lives,” he said in a speech at HSBC’s 150th year anniversary gala in Taguig City on Tuesday night.

“Let us continue creating an environment where investors, stakeholders, and most importantly, our citizens see the Philippines as a nation of promise,” he added.

He acknowledged the foreign bank’s support for government initiatives, including its participation in recent bond issuances such as the SEC-registered USD3.3 billion-equivalent dual currency global bond that aims to ensure the continuation of vital government programs.

“These programs, whether on infrastructure, education, or social protection, directly benefit our people, especially those who rely on stable public services,” he said.

He also cited HSBC’s strong collaboration with relevant economic agencies and its contribution to increasing the country’s exposure to foreign investors.

From its first branch in Binondo in 1875, Marcos said HSBC’s growing presence in the Philippines serves as a vote of confidence in the future of the Philippines.

On the part of the government, he said the administration continues to strengthen its financial systems to protect depositors.

The Bangko Sentral ng Pilipinas, he added, is refining capital, liquidity, and governance standards to ensure that banks are resilient.

The country, he said, also adopts reforms such as the Basel III New Standardized Approach, the National Risk Assessment, and clearer guidelines for the disqualification of erring officers.

“Today, as HSBC adapts to a rapidly changing economy, we are confident that the bank will remain true to its commitment to making its services more inclusive, more secure, and accessible to Filipinos,” the chief executive said.

HSBC, the leading international bank in the country, serves 41 million clients across 57 markets, with over USD3 trillion in assets.

In his remarks, HSBC Interim Group Chairman Brendan Nelson said the firm has “strong” confidence in the Philippines and is ready to work with the country to sustain its growth momentum.

He said HSBC is “determined to continue growing” in the Philippines as he noted its strategic position in Southeast Asia, one of the regions, he noted, is set to benefit most from the “configured globalized world.”

Let me end this post by asking you readers: What is your reaction to this recent development? Do you think economic growth of the Philippines will get stronger in 2026? Do you think foreign investors will take a new look at the Philippines for economic opportunities soon?

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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2025 Drug-Free Workplace Certification For Muntinlupa City

November 27, 2025November 20, 2025carlocarrasco

Recently in the City of Muntinlupa, the City Government added a new honor to its 2025 list of achievements with the certification as a drug-free work place, according to a news report by the Daily Tribune.

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

The Muntinlupa City Hall has again been declared as a drug-free workplace, making it the first local government unit (LGU) in Metro Manila to secure this status for 2025, Mayor Ruffy Biazon said.

The LGU earned the drug-free certification for the first time in the year 2023.

Biazon noted that the reaffirmed recognition is a reflection of the city’s strengthened efforts and policies under ordinance No. 2024-030, along with cooperation with authorities including the Philippine National Police, the Department of Interior and Local Government, the City Health Office, and the Drug-Free Institution Oversight Committee.

The nine other barangay halls in Muntinlupa have also been declared to be a drug-free workplace.

Let me end this post by asking you readers: What is your reaction to this recent development? If you are a resident of Muntinlupa City, are you delighted with the newest certification for 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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What to watch on YouTube right now – Part 111

November 26, 2025November 18, 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 videos I found.

#1 Ashleigh Burton Reacts To Full Metal Jacket – A few months ago, my YouTube series post included several reaction videos of Stanley Kubrick’s Full Metal Jacket. Recently Ashleigh Burton posted her own Full Metal Jacket reaction video and I can say that it is very enjoyable to watch as the YouTuber (who is a jolly person) had her own bouts of laugh-out-loud moments reacting to it. Watch Ashleigh Burton’s video below.

#2 Ghost in the Shell’s Relevance Analyzed – I was still in college the first time I saw the 1995 anime feature film Ghost in the Shell on home video. While I enjoyed the action and the high-quality visuals (2D animation mixed with computer-generated graphics), I was unable to grasp the story and its many philosophical messages within. To really enjoy it and understand Masamune Shirow’s concepts, watching Ghost in the Shell should be done with patience and the right mindset. Fortunately, a YouTuber took the time to replay the anime feature film and paid close attention to the many details within. Indeed, Ghost in the Shell is more relevant than ever today as it tackled hacking, cybersecurity, identity and artificial intelligence early on. To find out more, watch the video below.

#3 Yakisoba In Japan – You like Yakisoba? Yakisoba is a Japanese noodle stir-fried dish and it first appeared in food stalls in Japan about a century ago. There are lots of places in Japan that offer yakisoba to customers and there are also variants of it depending on where you find it. In the city of Kobe (the same city that got ravaged by a massive earthquake in the mid-1990s) is a Yakisoba shop that serves a lot of customers each day. That means something must be really good with the yakisoba. Watch and learn from the video below.

#4 Do You Trust James Gunn? – I never bothered to watch James Gunn’s Superman movie this year. In fact, when it was announced that Gunn and his partner would start a whole new line of DC Comics superhero movie projects under the Warner Bros. banner a few years ago, I was never excited nor interested. I saw Gunn’s work in Guardians of the Galaxy (he wrote and directed it) and the 2004 Dawn of the Dead remake (he wrote it) and neither film was worth replaying. I’m not saying Gunn is a bad filmmaker, I just don’t find his work compelling enough and box office numbers don’t change a thing. He also directed The Suicide Squad which ended up as a commercial disappointment. When it comes to cinematic superhero works, there are reasons why long-time superhero fans and comic book readers don’t trust Gunn which you can learn from the videos below.

#5 Austria Pushes Back Against Mass Migration – Right from the top, Austria made decisive moves to push back against the flow of mass migration and made it clear they want to preserve their culture and prioritize their citizens. It has been over ten years since Germany – under Angela Merkel – committed a huge blunder by opening its borders to so many people from the Middle East and Africa which affected other European nations negatively. It is obvious that the high amount of so-called refugees already in Europe collectively have no desire to assimilate with the culture and norms of the nations they entered, and they want more social benefits and more money at the expense of the citizens. Austria itself had enough and you can find out how they pushed back against mass migration by watching the video below.

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Philippines At Risk Of Falling Behind Southeast Asian Neighbors Economically

November 26, 2025November 19, 2025carlocarrasco

The 3^rd quarter growth of only 4% the Philippines achieved has been on people’s minds a lot lately. As such, the country is at risk of falling behind its neighbors in Southeast Asia in terms of economic growth and gross domestic product (GDP) per capita, 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 is at risk of further falling behind its Southeast Asian neighbors, an economist said, noting it may take two years to catch up with Vietnam and up to 70 years to catch up with Singapore.

“(T)he Philippines could find itself lagging behind if alleged public spending issues continue to divert attention and resources away from the structural reforms needed to accelerate economic development,” Bank of the Philippine Islands (BPI) Lead Economist Emilio S. Neri, Jr. said in a commentary on Wednesday.

In the third quarter, Philippine gross domestic product (GDP) grew by 4%, its slowest pace in over four years amid slower household and public infrastructure spending as the flood control scandal dampened investor and con-sumer sentiment.

In the nine months to September, GDP growth averaged 5%, putting the government’s 5.5%-6.5% full-year growth target further out of reach.

“The Philippine economy is growing, but not enough to close the economic gap with other countries,” Mr. Neri said.

He noted the Philippine GDP per capita is lower compared with other economies in the region. Citing International Monetary Fund (IMF) data, he said the Philippines’ GDP per capita stood at $4,078 in 2024.

“At the current growth rate, it would take the Philippines two years to catch up with the GDP per capita of Vietnam, 4 years with Indonesia, 14 years with Thailand, 26 years with Malaysia, and 70 years with Singapore, assuming their incomes remain stagnant. In reality, their GDP per capita continues to grow, which means the gap could persist or even widen,” Mr. Neri said.

The Philippines lagged behind Singapore which had a GDP per capita of $90,674 in 2024, followed by South Korea ($36,128), Japan ($32,498), China ($13,312), Malaysia ($12,540), Thailand ($7,491), Indonesia ($4,958) and Vietnam ($4,535).

“Before the pandemic, the Philippines had a higher GDP per capita than Vietnam, but has since been overtaken. At current trends, it would take the Philippines two years to catch up with Vietnam, but that gap could increase to 13 years by 2044,” Mr. Neri said.

The BPI economist said the Philippines needs structural reforms to accelerate growth in order to close the widening gap with its neighbors.

“The current economic model of the country is not enough, as shown by the country’s inability to grow faster than 6% in recent years,” he said.

Mr. Neri said the economy has been “too reliant” on consumer spending, driven by overseas Filipino worker (OFW) remittances and the business process outsourcing industry.

“There is a need to diversify its sources of growth. The economy must improve in terms of production, especially in agriculture and manufacturing, as they will allow the economy to be more self-sufficient and to reach foreign markets. These industries have been critical to Vietnam’s success and could play a similar role for the Philippines,” he said.

However, Mr. Neri said implementing these reforms will be hard if the government lacks focus.

“Public spending issues divert fiscal resources and policymaking focus away from long-term development priorities. Efforts to strengthen safeguards against potential issues in government spending are essential, enabling the country to work on structural reforms that could improve the economy,” he said.

Let me end this post by asking you readers: What is your reaction to this recent development? What do you think should the government do to accelerate economic growth?

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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Business Groups Reaffirm Commitment To National Economy

November 25, 2025November 18, 2025carlocarrasco

With the weakening economic growth and growing socio-economic uncertainty affecting the entire Philippines, prominent business groups reaffirmed their commitment to invest and create jobs in the country, 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…

Six prominent groups representing the business sector reaffirmed their commitment to invest and create jobs in the Philippines amid weakening sentiment in the economy, which is fueled by what they described as a “political turmoil” stemming from the ongoing corruption scandal.

In a rare joint statement sent to the media moments after a pivotal reshuffle in the administration’s economic team, the business groups emphasized that they remain committed to supporting the Philippine economy.

“While the current political turmoil raises understandable concerns, we stress that the country’s long-term fundamentals remain strong; anchored by a well-regulated financial system, a stable banking sector, and companies that continue to invest in and believe in the Philippines,” the groups said on Monday, Nov. 17.

The statement was signed by Makati Business Club (MBC), Management Association of the Philippines (MAP), Philippine Chamber of Commerce and Industry (PCCI), Financial Executives Institute of the Philippines (FINEX), Philippine Finance Association, and Institute of Corporate Directors (ICD).

In a statement that essentially serves as a pitch to potential investors, the six business groups said that the institutions safeguarding local markets “continue to operate independently and rigorously.”

The groups cited the Bangko Sentral ng Pilipinas (BSP) and the Securities and Exchange Commission (SEC) as among the most reliable government partners when it comes to businesses.

Both the BSP and the SEC uphold regulatory frameworks aligned with global standards, ultimately ensuring market integrity, prudent risk management, and strong investor protection, they said.

“The Philippines continues to meet international benchmarks on capital adequacy, disclosure requirements, and corporate governance,” the groups said.

The business groups also took note of the corporate earnings of publicly listed companies, which reflect the economy’s underlying strength.

They noted that even during periods of global instability, such as the Covid-19 pandemic, companies continued to demonstrate resilience with growing revenues and stable margins.

Further, the groups said that investment sentiment in the country remains robust, with gross fixed capital formation ranging between 22 percent and 27 percent of gross domestic product (GDP) over the last 10 years.

“This ongoing level of capital spending, mainly driven by business growth, clearly indicates that Philippine companies continue to build capacity, expand operations, and invest in the country’s long-term prospects,” the statement read.

While upholding optimism, the six business groups stressed that investor confidence is influenced not only by economic fundamentals but also by governance.

Let me end this post by asking you readers: What is your reaction to this recent development? Does the joint statement of the prominent business group boost your confidence about the future of the country? Do you think the Philippine economy will be able to bounce back strongly next year? Does the continuing media coverage of the flood control corruption scandals and investigations continue to bother you?

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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