economy – Page 3 – Author Carlo Carrasco

Japanese Embassy Confirms Temporary Visitor Visas Remain Free For Filipinos

June 28, 2026June 25, 2026carlocarrasco

Following the recent announcement of significant increases of foreigner entry visa fees that will take effect on July 1, the Japanese Embassy in the Philippines confirmed that the temporary visitor visas (good up to 90 days maximum) are still free of charge for Filipinos, according to a GMA News report.

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

Temporary visitor visas for Filipinos remain “gratis” or free of charge, the Japanese embassy in Manila announced on Thursday.

The embassy’s announcement came in the wake of the Japanese government’s announcement that single-entry visa fees for foreign nationals will increase fivefold, from 3,000 yen (about P1,170) to 15,000 yen (around P5,850), for applications filed starting July 1.

“Please note that a temporary visitor visa (for a stay of a maximum of 90 days) for a Philippine national remains gratis,” the embassy announced on its website and on Facebook.

The Japanese embassy in Manila also announced the “Cabinet Order on Fees Collected by Consular Officers,” which sets forth visa fees, has been amended and comes into effect on July 1, 2026.

“For visa applications accepted at overseas diplomatic missions on or after that date, the fee, converted into Japanese yen, will be approximately 15,000 yen for a single-entry visa and approximately 30,000 yen for a multiple-entry visa,” the embassy said.

“As a general rule, payment shall be made in the local currency of the country (region) where the Embassy or Consulate-General of Japan issuing the visa is located,” it added.

The embassy said fees may not be required or the amount may differ, “depending on the purpose of your visit and your nationality.”

Let me end this piece by asking you readers: What is your reaction to this development? Do you think this good news will encourage more Filipinos to visit Japan using the temporary visitor visa? Do you know anyone who applied for a Japanese visa lately?

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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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 @CarloCarrascoPH as well as on Tumblr at https://carlocarrasco.tumblr.com/ and on Instagram athttps://www.instagram.com/authorcarlocarrasco

New Campaign To Boost Domestic Tourism In The Philippines

June 25, 2026June 22, 2026carlocarrasco

In a serious attempt to boost domestic tourism in the Philippines, the Department of Tourism (DOT) has a new campaign titled “Discover More to Love”, according to a news article by the Philippine News Agency (PNA).

This new move by the DOT makes sense since it is very difficult for the nation to attract foreign tourists. The DOT admitted that Vietnam and other destinations of the Association of Southeast Asian Nations (ASEAN) are more affordable for foreign travelers.

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

The Department of Tourism (DOT) is leading a new campaign called “Discover More to Love” to boost domestic travel within the Philippines.

Among its major features is the introduction of curated and discounted travel-related packages by local tourism stakeholders, including several hotels from across the country.

In an interview over the weekend, Tourism Secretary Dita Angara-Mathay said the campaign would not replace but instead complement the DOT’s primary tourism branding “Love the Philippines,” with the intention of allowing tourists to define their travel experience in their “own personal way.”

“(The thrust is) local muna pero hopefully, we will expand that to international (The thrust would be initially domestic, but hopefully, we will expand that internationally),” she said.

“The Filipinos love to travel, especially Gen Z and the others, it’s an adventure for them, and we want them to be sound board on what else we can do to improve.”

Domestic travel remains a strong driver of tourism in the Philippines. Last year alone, it generated at least PHP3.26 trillion in tourist spending, up by 3 percent from PHP3.16 trillion in 2024.

Beyond strengthening local travel, Angara-Mathay said the DOT is also stepping up efforts to recover the decrease in Korean travelers, while continuing to woo the rest of its top source markets.

She admitted that the competitive pricing in other Southeast Asian destinations is pulling in more Koreans, which traditionally has been the Philippines’ number one source market for foreign visitors.

“South Korea’s population is declining, but they’re travelers. Ngayon, ‘yong slot natin kinuha ng Vietnam, kinuha ng other ASEAN countries kasi kalahati lang ang kanilang cost to go there (Now, our slot has been taken by Vietnam and other ASEAN countries because it only costs half to go there),” she explained.

The DOT, for its part, she said, would continue engaging stakeholders to introduce and craft new “tour bundles” to make the cost of travel to the Philippines more affordable and “predictable.”

Let me end this post by asking you readers: What is your reaction to this recent development? Do you think the DOT’s new campaign will significant boost domestic tourism which itself has been thriving? Do you think it is possible for domestic tourism spending to reach P4 trillion 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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AHVA Announces Updates On Ad Display Rates And Tarpaulin Sizes

June 25, 2026June 22, 2026carlocarrasco

Do you intend to advertise something within Alabang Hills Village? Be aware that the Alabang Hills Village Association (AHVA) formally announced that it has updated the ad display rates as well as tarpaulin sizes. Ads with political or malicious content are still unacceptable.

To put things in perspective, posted below is an excerpt from the AHVA’s official announcement. Some parts in boldface…

We are pleased to inform you of our updated advertising display rates & prescribed tarpaulin sizes in our ads display board located near our AHV- Tirona gate.

Effective July 1, the following are the rates for a 30-day ads placement: Resident – P3,600.00, Non-Resident – P7,200.00

Prescribed Tarpaulin size: 4ft x 6ft (maximum size)

For Garage Sale ads display, we have allocated one (1) frame for this, good for 4 tarpaulins. Fee is P500.00 for 7 days display, cartolina size. Only residents may avail of this.

Kindly note that tarpaulins beyond the prescribed size will not be accepted. We request your cooperation regarding this.

Procedure for the ads display

Proceed to the admin office & bring your tarpaulin

if tarpaulin is within the prescribed size, the help desk staff will accept the tarpaulin

Pay the ads display fee to our cashier

Ads will be displayed the following working day

if ads are not renewed on or before the 30th day (display), such will be removed accordingly.

Ads with political and / or malicious content will not be accepted.

Let me end this post by asking you readers: What is your reaction to this recent development? If you have advertised inside Alabang Hills Village before, did you get a good return in terms of responses or sales? What do you think about the new rates AHVA announced? Did you business get a good response from consumers of Alabang Hills?

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

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

Subic Bay Port Operations Revenue Jump 20% To P389 Million In 1st Quarter Of 2026

June 23, 2026June 17, 2026carlocarrasco

The Subic Bay Metropolitan Authority (SBMA) recently announced that the port operations revenue reached P389 million in the first quarter of this year which reflects a 20% jump compared to the previous year.

To put things in perspective, posted below is an excerpt from the SBMA’s official announcement. Some parts in boldface…

The Subic Bay Metropolitan Authority (SBMA) generated PHP 389 million in revenues from port operations during the first quarter of 2026, with a 20 percent increase from last year’s PHP 324 million.

SBMA Senior Deputy Administrator for Port Operations Ronnie Yambao disclosed that the Seaport Department alone generated PHP 302 million of the said amount, the Airport Department with PHP 50 million, and the Trade Facilitation and Compliance Department (TFCD) at PHP 36 million.

According to Yambao, the Seaport Department generated PHP 302 million from higher Vessel and Cargo Charges which increased by 31 percent, while the number of ship calls also increased by 20 percent.

The Port of Subic recorded a total of 463 ship calls by foreign and domestic vessels, 171 of which were bulk and break-bulk vessels, recording a 29 percent increase. Meanwhile, there was also an 18% increase in recorded port calls with 159 liquid bulk vessels.

“Consequently, revenues from SBMA’s share in Pilotage Services also increased by 20 percent, while Tugboat Services posted a significant 75 percent growth,” he said.

Revenues from wharfage fees also escalated by 24 percent with an increase in total volume of containerized cargo by 3 percent. This was driven mainly by a 5 percent growth in imports, equivalent to 28,070 TEUs.

Major contributors included assorted food products from Ecossential Foods Corp., and rubber products from Yokohama Tires Philippines Inc. Export cargoes likewise grew substantially by 31 percent, reaching 15,757 TEUs, primarily contributed by DSV Air and Sea Inc. and Yokohama Tires Philippines Inc.

Meanwhile, non-containerized cargo volume posted a remarkable 30 percent increase, mainly driven by bulk and break-bulk cargoes, which rose by 47 percent. Key commodities contributing to this growth included rice (up by 331 percent), corn (up by 571 percent), soybeans (up by 15 percent), wheat (up by 16 percent), and liquid bulk petroleum products (up by 11 percent).

Yambao added that revenues from SBMA’s share in Cargo Handling Services increased by 22 percent, largely from Amerasia International Terminal Services Inc., Mega Subic Terminal Services Inc., and Subic Bay Freeport Grain Terminal Services Inc.

Let me end this post by asking you readers: What is your reaction to this recent development? Do you think the port of Subic Bay will be able to exceed 2025’s revenues 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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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 @CarloCarrascoPH as well as on Tumblr at https://carlocarrasco.tumblr.com/ and on Instagram athttps://www.instagram.com/authorcarlocarrasco

Vietnam Deploys Hundreds Of Soldiers To Work On New International Airport

June 22, 2026June 16, 2026carlocarrasco

To ensure the completion of the ambitious Long Thanh International Airport, Vietnam deployed hundreds of soldiers to work on it as a shortfall of workers was realized, according to a VnExpress news article. The new international airport has been scheduled for a December 2026 opening and it has been anticipated to handle most flights in 2027.

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

Vietnam has deployed hundreds of soldiers to help build its largest airport, the VND336.63 trillion (US$12.8 billion) Long Thanh, as contractors scramble to cover a shortfall of nearly 2,000 workers before a year-end deadline to open the country’s new aviation hub.

The deployment signals the urgency around a flagship project that has already slipped past its original 2025 opening date.

Hundreds of officers and enlisted soldiers have been brought onto the site in Dong Nai City in the country’s south to reinforce a civilian workforce that has struggled to keep pace with one of Southeast Asia’s biggest construction projects.

The move was confirmed during a June 13 inspection by Construction Minister Tran Hong Minh, who was told by an Airports Corporation of Vietnam (ACV) representative that more than 76% of the total project value had been completed.

The workforce has been topped up in recent weeks but still falls nearly 2,000 short of the roughly 9,000 workers the site needs, with several units calling in military personnel to bridge the gap.

The labor crunch reflects a wider squeeze in southern Vietnam, where a cluster of megaprojects is competing for the same pool of skilled construction workers.

The nearby Bien Hoa-Vung Tau expressway and the expansion of the Ho Chi Minh City-Long Thanh-Dau Giay expressway are pulling engineers and machine operators away from the airport, and the harsh conditions across the vast, largely open site have made workers hard to retain.

To claw back time before the rainy season, contractors have added engineers, workers and equipment and moved to round-the-clock construction in three shifts and four rotating crews, part of a 180-day campaign to accelerate to the finish.

The airport is now expected to be substantially complete and to begin trial operations in September, with commercial flights targeted for late 2026.

ACV said finishing work on the passenger terminal still lacks skilled technical labor, while other packages are short of machinery operators.

The investor has ordered contractors to staff up for day-and-night work, prioritizing foundation and stone-base work to limit disruption when the rains peak.

At the terminal, which Minh called the project’s “heart,” he urged crews to complete each task definitively, down to the smallest item, and to push outdoor work first to stay ahead of the weather.

The schedule could not slip, he said, and crews had to race against time.

Let me end this piece by asking you readers: What is your reaction to this development? Do you think having hundreds of Vietnamese soldiers will be effective on completing the new international airport ahead of the December 2026 launch?

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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Japan To Significantly Raise Foreigner Entry Visa Fees Starting July

June 21, 2026June 20, 2026carlocarrasco

As Japan continues to attract many millions of visitors from around the world, the government proceeded to raise the single-entry visa fees and multiple-entry visa fees for foreigners significantly and they will take effect on July 1, 2026, according to a news report by Kyodo News.

Keep in mind that this is actually the first time Japan increased the rate since 1978 and in today’s economy, one American Dollar is worth over 160 Yen. The last time I visited Japan, the exchange rate was 106 Yen to US$1.

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

The Japanese government on Friday decided to raise single-entry visa fees for foreigners fivefold to 15,000 yen ($90) from 3,000 yen beginning in July, marking the first increase since 1978 amid inflation and the yen’s depreciation.

Issuance fees for multiple-entry visas, which allow visitors to enter Japan multiple times over a set period, will be hiked from 6,000 yen to 30,000 yen.

“We do not expect the move to have an immediate impact on inbound tourism,” Foreign Minister Toshimitsu Motegi said during a press conference.

Let me end this piece by asking you readers: What is your reaction to this development? Were you planning to visit Japan after July 1 this year? Do the pending hikes of visa entry fees for foreigners discourage you from visiting Japan? Have you started researching the process of applying for a Japan visa lately?

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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IAEA Pledges Technical Guidance For The Philippines

June 21, 2026June 16, 2026carlocarrasco

The effort of the Philippines to lay the foundation for the intended integration of nuclear power into the national grid got a boost from the International Atomic Energy Agency (IAEA) which pledged technical guidance to the government, according to a Manila Bulletin news report.

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

As the Philippines actively lays the foundation for the integration of nuclear power into its national grid, the International Atomic Energy Agency (IAEA) has pledged technical guidance to support the government once it opens dedicated green energy auctions (GEAs) for the technology.

IAEA Director General Rafael Mariano Grossi told Manila Bulletin last Monday, June 8, that the Vienna-headquartered agency is ready to assist in the Philippines’ nuclear auction process, provided that the legal and regulatory groundwork for the country’s nuclear framework is clearly established and moving forward.

Citing his visit to Manila in November last year, Grossi noted that advisory support on the auction framework was among the topics discussed during his meeting with President Ferdinand R. Marcos Jr. regarding bilateral nuclear cooperation.

“We have also discussed the possibility of providing advice in terms of the bidding process. So there’s a range of things where the IAEA will be able to contribute,” the IAEA chief said.

The Department of Energy (DOE), through its Nuclear Energy Program Inter-Agency Committee (NEP-IAC), said last year that it is studying an auction mechanism specific to nuclear energy, which would be treated similarly to the government’s existing GEA Program (GEAP). Patrick Aquino, technical secretariat head of NEP-IAC, previously said that overcoming legal challenges would allow the government to begin consultations on a nuclear auction.

Last November, the IAEA signed a memorandum of understanding (MOU) with the Manila-based multilateral lender Asian Development Bank (ADB) to establish a framework supporting nuclear energy development in the Philippines, including the potential deployment of small modular reactors (SMRs).

The agreement includes knowledge-sharing and technical capacity-building initiatives, energy planning, nuclear fuel cycle management, radioactive waste management, and assistance throughout the life cycle of nuclear facilities.

Let me end this post by asking you readers: What is your reaction to this recent development? Do you think the government of the Philippines will be able to establish the foundation of integrating nuclear power into the national grid before the term of President Marcos ends in mid-2028? Do you think the IAEA’s pledge of support will accelerate the nuclear-related developments in the country?

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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Weak Infrastructure Safeguards In The Philippines Exposed

June 20, 2026June 15, 2026carlocarrasco

It has been several months since the flood control corruption scandal rocked the Philippines. As a result, the scandal exposed weak infrastructure safeguards, according to a news report by the Manila Bulletin.

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

The Organization for Economic Cooperation and Development (OECD) has flagged corruption as a major risk to Philippine infrastructure delivery, warning that the multibillion-peso flood-control corruption scandal show that current accountability safeguards remain insufficient to prevent the misuse of public funds.

In its report titled “Accelerating Sustainable Infrastructure Investments: Assessing Policies for Planning, Delivery and Financing in Central and Southeast Asia” published on Friday, June 12, the Paris-based OECD said procurement weaknesses continue to undermine infrastructure development in the Philippines despite existing legal frameworks and reform initiatives.

“Corruption remains a major risk in infrastructure delivery” in the country, OECD said, citing persistent procurement vulnerabilities despite measures such as the Integrity Initiative and online blacklisting.

OECD said anti-corruption clauses should be embedded in public procurement and public-private partnership (PPP) contracts, while transparency mechanisms should be expanded to strengthen oversight over infrastructure projects.

It said recent high-profile scandals involving infrastructure rollout, particularly flood-control projects, showed that existing accountability mechanisms were not enough to prevent the improper use of public funds.

OECD devoted a section of its Philippines chapter to flood-control governance failures, citing reports in a University of the Philippines Center for Integrative and Development Studies (UP CIDS) policy brief on irregularities affecting projects worth more than ₱545 billion, or about $9.5 billion, since 2022.

According to OECD, UP CIDS reported that a significant share of contracts had been awarded to a small number of firms, while some projects were found to be non-existent or poorly executed.

The report also cited estimates that corruption in flood-control spending may have cost the government ₱42 billion to ₱118 billion, or $700 million to $2 billion, a year.

OECD said the case showed how corruption and mismanagement could weaken climate resilience while wasting scarce public funds in a country highly exposed to climate-related flooding.

To address these risks, OECD said the Philippines should strengthen procurement transparency, independent audits, competitive bidding, and project-level monitoring.

It also recommended publishing contract data and linking budget releases to verified project completion to help protect public resources as well as ensure that infrastructure investments deliver actual resilience and development outcomes.

OECD said public procurement, PPPs, and state-owned enterprises (SOEs), or locally known as government-owned and/or controlled -corporations (GOCCs), should “lead by example” in promoting responsible business conduct (RBC) in infrastructure.

While the Government Procurement Reform Act (GPRA) already includes RBC-related provisions, OECD said bidding documents still lack references to climate resilience and broader RBC risks.

The report also noted that the PPP Code mandates environmental and social safeguards, but gaps remain in standardized procedures as well as the capacity of local government units (LGUs) to implement them.

Let me end this post by asking you readers: What is your reaction to this recent development? Do you think it will still be a few years before guilty ones behind the flood control corruption scandal will be brought to justice? Do you think infrastructure development will continue to be hampered by corruption over the next ten 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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Vietnam’s New International Airport Powers Up For December 2026 Launch

June 18, 2026June 12, 2026carlocarrasco

The ambitious Long Thanh International Airport of Vietnam was recently switched on using the main power supply which is a milestone and already the local authorities are working on a series of preparations needed for the planned December 2026 commercial launch, according to a VnExpress news report. It has been anticipated that the new international airport will handle most flights in 2027.

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

Long Thanh airport, the VND336.63 trillion (US$12.8 billion) project set to become Vietnam’s largest, has switched on its main power supply, clearing one of the last big infrastructure hurdles before a planned commercial launch at the end of 2026.

The airport’s project management board said on June 10 it had energized the power system together with the Dong Nai Power Company, feeding electricity from a dedicated 110 kV substation into the receiving station run by Airports Corporation of Vietnam (ACV), the state-owned developer building the airport about 40 km east of Ho Chi Minh City.

Stable, continuous power is a prerequisite for what comes next: a series of trial runs that will test the terminal, baggage systems and ground operations before passengers arrive. ACV plans three rounds of trial operations in September, October and November, with official commercial service targeted for December 2026.

The milestone caps a frantic stretch of construction. On June 1, ACV launched a 180-day sprint to finish the airport on time, a push that follows years in which the project wrestled with labor shortages, contractor payment delays and volatile material prices. Roughly 76% of the total project by value is now complete, and the most critical pieces are further along. The aircraft apron near the terminal is more than 88% finished, the fuel system more than 92%, and the connecting roads close to 90%. The passenger terminal, the centerpiece, has its main structure up and is about two-thirds of the way through interior work and equipment installation.

The airfield itself is already operational. Long Thanh’s first runway and apron are complete, and the runway received its first calibration flight in September 2025. In December, a Vietnam Airlines Boeing 787 made the first technical landing, followed days later by the first official flight, both treated as symbolic markers of how close the long-delayed project had come.

Power for the site runs through a substation the Dong Nai Power Company inaugurated on Dec. 16, 2025, built for more than VND158 billion ($6 million). It carries two transformers with a combined capacity of 80 MVA and feeds the airport through six separate 22 kV lines, enough to cover a construction site that already consumes about 730,000 kWh a month and will draw far more once systems are powered up for testing. The station is designed to run unmanned, monitored remotely.

Long Thanh is one of Vietnam’s most ambitious infrastructure bets. Spread across roughly 5,000 hectares, the first phase will handle 25 million passengers and 1.2 million tons of cargo a year. Later phases are designed to lift capacity to as much as 100 million passengers annually, which would make it the country’s largest airport by a wide margin and, ACV hopes, a regional transit hub able to compete with the established gateways in Singapore, Bangkok and Kuala Lumpur.

Let me end this piece by asking you readers: What is your reaction to this development? Do you think all the preparations will be completed before the new international airport launches this December? Do you think the new Long Thanh International Airport will be launched on time at 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.

Note: Cover photo of the Long Thanh International Airport is credited to VnExpress.

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World Bank Sees Below-Target Philippine Economic Growth In 2028

June 18, 2026June 15, 2026carlocarrasco

In its latest analysis of the economy of the Philippines, the World Bank (WB) predicts a below-target economic growth will happen in 2028, according to a news report by BusinessWorld.

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

THE WORLD BANK said the Philippine economy is likely to expand by 5.6% in 2028, still below the government’s 6-7% target, amid an expected recovery in public investment.

In the latest Global Economic Prospects report, the World Bank said it retained its gross domestic product (GDP) growth forecasts for the Philippines at 3.7% in 2026 and 5.6% in 2027.

If realized, growth would fall short of the government’s 5-6% target for 2026 but would be at the lower end of its 5.5-6.5% goal for 2027.

“Growth in East Asia and the Pacific excluding China is forecast to improve to 4.9% in 2027-28 as geopolitical uncertainty dissipates, energy prices settle, and demand improves,” the World Bank said.

“Public investment is expected to recuperate in the Philippines, and Indonesia’s growth will be supported by state-led investment initiatives,” it added.

The Philippine economy expanded by a weaker-than-expected 2.8% in the first quarter, the slowest pace since the pandemic, amid lingering uncertainty from last year’s corruption scandal and higher oil prices linked to the Middle East conflict.

“The World Bank’s outlook is plausible, but I would not treat it as the only reasonable scenario,” Ateneo Center for Economic Research and Development Senior Research Fellow Ser Percival K. Peña-Reyes told BusinessWorld.

He said the weak 2026 forecast reflects uncertain global conditions, elevated geopolitical and trade tensions, fiscal consolidation, weather-related disruptions, and food price shocks.

However, Mr. Peña-Reyes said economic expansion this year could be stronger if household consumption remains resilient, inflation continues to ease, infrastructure spending is sustained, investment reforms gain traction, and monetary policy becomes more accommodative.

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 keep on growing below the targets set by the government? Could it be possible that an economic recession can still happen in the Philippines in 2028?

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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