employment – Author Carlo Carrasco

Thailand Sets Ambitious Tourism Targets For 2026

January 25, 2026January 20, 2026carlocarrasco

Thailand, the 2^nd most visited nation of Southeast Asia in 2025, has set ambitious tourism targets for itself for 2026 and it includes achieving US$95 billion in tourism revenue, according to a VnExpress news release. Thailand attracted over thirty million international arrivals last year which was actually a decline of more than 7% compared to 2024.

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

The Tourism Authority of Thailand (TAT) has expressed confidence that the country’s tourism sector will earn 3 trillion THB (US$95.35 billion) in revenue this year through its “Amazing 5 Economy” strategy.

The plan targets an 11% increase in international visitors, enhanced domestic tourism, and a focus on sustainable, high-quality growth despite global challenges.

TAT aims for 36.7 million international arrivals and about 210 million domestic trips in 2026. Meanwhile, the revenue target includes 2 trillion THB from international markets, with an expected 11% increase in international tourist arrivals, and 1 trillion THB from domestic tourism, projected to grow by 4%, said TAT Governor Thapanee Kiatphaibool.

In 2026, TAT plans to reignite quality tourism growth by addressing challenges such as geopolitical tensions, increasing global competition, and domestic factors like the strong baht, household debt, safety concerns, and natural disasters. The key to success lies in the “Amazing 5 Economy” framework, which includes life economy, sub-culture economy, night economy, circular economy, and platform economy.

In 2025, Thailand recorded total tourism revenue of approximately 2.7 trillion THB. International arrivals reached 32.97 million, down 7.23% year-on-year.

It saw declines in short-haul markets such as Malaysia and China. However, long-haul markets showed strong momentum, with visitors from Europe, the Americas, the Middle East and Africa reaching a record 10.8 million.

Notably, arrivals from the U.K. and the U.S. each surpassed one million for the first time. Domestic tourism also expanded, with more than 202 million trips, up 2.7%.

Let me end this piece by asking you readers: What is your reaction to this development? Have you ever toured Thailand before? If you did, how long did you stay in Thailand and how was your overall travel experience there? Do you think Thailand will be to achieve its ambitious tourism targets 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 @HavenorFantasy as well as on Tumblr at https://carlocarrasco.tumblr.com/ and on Instagram athttps://www.instagram.com/authorcarlocarrasco

Vietnam Attracts All-Time High 21.2 Million Foreign Tourist Arrivals In 2025

January 10, 2026January 6, 2026carlocarrasco

Vietnam, a nation ravaged by war decades ago, has emerged as a major tourism magnet in both Southeast Asia and Asia as a whole after successfully attracting more than twenty-one million foreign tourists in 2025, according to a VnExpress International news report. The figure is a new all-time high. What Vietnam achieved was more than 20% higher than its 2024 foreign tourist numbers. For 2026, Vietnam is aiming high with a target of 25 million foreign visitors.

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

Vietnam welcomed a record number of foreign tourists in 2025 with 21.2 million, up 20.4% from the previous year and the highest ever, according to General Statistics Office.

Mainland China was Vietnam’s biggest source of visitors last year with 5.2 million arrivals, up 41% year-on-year, followed by South Korea with 4.3 million and Taiwan with 1.23 million.

The U.S. ranked fourth with 848,000, followed by Japan with 814,000. The rest of the top 10 were India (746,000), Russia (689,000), Cambodia (687,000), Malaysia (573,000) and Australia (548,000).

Tourism industry insiders attributed Vietnam’s strong performance to visa reforms.

*Foreign tourists welcomed in Vietnam. (photo credit: Ho Chi Minh City Department of Tourism)*

In March the government decided to extend visa exemptions until 2028 for citizens of 12 countries: Denmark, Finland, France, Germany, Italy, Japan, Norway, Russia, South Korea, Spain, Sweden, and the U.K.

In August it waived visa requirements for stays of up to 45 days for citizens of 12 more countries: Belgium, Bulgaria, Croatia, Czechia, Hungary, Luxembourg, the Netherlands, Poland, Romania, Slovakia, Slovenia, and Switzerland.

This expanded the unilateral visa waiver list to 24 countries and the total number including bilateral waivers to 39.

Let me end this piece by asking you readers: What is your reaction to this development? Considering the strong international tourism momentum it has right now, do you think Vietnam will succeed in attracting 25 million foreign tourists this year? Do you think a lot more visitors from Europe will come to Vietnam 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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Influential Japanese Business Lobby Calls For Greater Government Role In Issues Related With Foreigners

January 6, 2026January 1, 2026carlocarrasco

As Japan struggles with economic challenges, an aging population, immigration and filling up the gaps of its workforce, an influential business lobby called for a stronger role by the government on issues related to foreign residents, according to a Kyodo News article. It should be noted that new rules regarding foreigners will be announced this month.

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

Japan’s most influential business lobby has urged the government to show stronger leadership on issues concerning foreign residents and enact a “basic law” on policies related to non-Japanese as they become a growing part of the labor force and society.

The Japan Business Federation called for the establishment of a permanent headquarters led by the prime minister that will compile policies related to foreigners across agencies and ministries, saying a ministerial meeting launched by Prime Minister Sanae Takaichi in November was positive but insufficient.

The federation, also known as Keidanren, pointed out in a set of proposals released in mid-December that issues remain under the current framework regarding the effectiveness of medium- to long-term policymaking.

“A framework in which strong political leadership can be exerted is needed,” the group said.

It highlighted the need for a new ministerial post dedicated to foreigner-related policies with the authority to recommend that other agencies and ministries carry out investigations or formulate new rules.

The federation stressed that Japan is at a “turning point,” with steps to promote the smooth integration of foreign workers and their families into society essential, particularly with regard to education and social services.

With Japan’s population shrinking, the number of foreign residents will likely continue to rise beyond 2030, the group said.

It also noted “public anxiety and a sense of unfairness” in Japan, prompted by media reports that some foreigners were engaging in illegal activities and not complying with rules.

The House of (Councilors) election in July saw increased support for a populist party that campaigned on a “Japanese First” platform.

Takaichi, known for her conservative views, set up the ministerial meeting to demonstrate a stricter approach to foreigner-related issues, saying the government is seeking to “build a safe, secure, orderly, and inclusive society for the (Japanese) people and foreigners living in our country.“

As in a previous set of proposals released in 2022, the federation called for a shift in mindset from “passive acceptance of foreigners” to “strategic acquisition of foreign talent.”

It suggested placing more focus on the quality as well as quantity of foreigners accepted, including clearly defining what kind of human resources the country is hoping to attract from overseas.

Let me end this piece by asking you readers: What is your reaction to this development? Do you think the central government of Japan will be able to come out with new rules on foreigners that will make sense socially and economically?

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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Prime Minister Takaichi Intends To Strengthen Japan With Reforms

January 2, 2026January 1, 2026carlocarrasco

With countless challenges – both internal and external – affecting Japan every day, Prime Minister Sanae Takaichi is determined to make the nation stronger and more prosperous by implementing reforms, according to a Kyodo News article. The Prime Minister delivered her New Year’s statement.

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

Prime Minister Sanae Takaichi on Thursday pledged to make Japan “strong and prosperous” by carrying out “necessary reforms” to address various domestic and global challenges.

In her New Year’s statement, Takaichi, who became Japan’s first female prime minister on Oct. 21, said her government is committed to building a nation where younger generations can believe in the future and live in hope.

Takaichi emphasized that Japan faces a shrinking population, rising living costs after decades of deflation, and what she described as “the most severe and complex security environment” since the end of World War II.

Globally, political and economic uncertainties are growing as “the free and open international order is being shaken and hegemonic moves are increasing,” she said, in an apparent reference to China’s escalating military activities and Russia’s invasion of Ukraine.

Takaichi took office after winning the Liberal Democratic Party leadership race in early October, succeeding Shigeru Ishiba, who had announced the previous month that he would resign following the party’s heavy setback in the House of Councillors election in July.

With Takaichi’s Cabinet maintaining high approval ratings — well above those of her immediate predecessors — parliament is set to begin this year’s 150-day regular session on Jan. 23.

Let me end this piece by asking you readers: What is your reaction to this development? Apart from the pending new rules on foreigners, what kind of social and economic reforms do you think Prime Minister Takaichi and her administration will come up with over the next six months? Do you think the government will be able to come up with new policies to encourage married couples to have more children?

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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Advisory Panel Calls For Tighter Japan Immigration Control

December 30, 2025December 30, 2025carlocarrasco

Let us be very clear here. Japan has all the authority to decide how to manage its internal affairs, national security and the presence of foreigners in their country. That being said, tighter control on immigration by Japan could become a reality as an advisory panel called for it, according to a Kyodo News release.

That’s not all. The same panel also called for more opportunities for foreign residents to learn Japan’s language and enhance their understanding of the nation’s culture and norms.

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

Japan must strengthen its immigration control to prevent illegal employment while providing more opportunities for foreign residents to learn the Japanese language and deepen their understanding of its culture, an advisory panel said Monday.

The panel, mostly consisting of academics, submitted its recommendations to Justice Minister Hiroshi Hiraguchi as his ministry plans to update its basic plan on immigration to realize a more inclusive society in which both Japanese and non-Japanese residents coexist amid a recent sharp rise in foreign residents.

In the report, the panel cited cases of foreigners holding the specialist visa for engineers, interpreters and international service professionals being dispatched instead to illegally work as unskilled laborers.

It urges that the country’s immigration authorities get a grip on the situation and make revisions as needed to the current immigration control and residency management system.

The panel also called for more steps to help foreign residents integrate smoothly into society by holding seminars designed to improve their Japanese language skills and learn about Japanese culture and customs.

Let me end this piece by asking you readers: What is your reaction to this development? If you intend to enter Japan with work and residency in mind, are you willing to go through a tighter immigration process and attend Japanese language training? Do you have high respect for the authorities in Japan?

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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Foreign Resident Population In South Korea Reaches New All-Time High

December 30, 2025December 22, 2025carlocarrasco

Have you ever thought about entering South Korea with employment and residency in mind? The economic giant of Asia saw its foreign resident population reach a new all-time high and it has something to do with the arrival of young migrants and foreign students, according to a news report by VnExpress. Not only that, Vietnam’s own people in South Korea got counted as a fast-growing demographic.

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

South Korea has reached a new demographic milestone with its foreign resident population hitting an all-time high, a trend fueled largely by an influx of young migrants and international students, particularly from Vietnam.

As of May, the number of foreign residents aged 15 and older stood at approximately 1.69 million, representing an 8.4 % increase compared to the same period last year, according to a survey by the Ministry of Data and Statistics. This shift comes against the backdrop of a total national population of roughly 51.8 million.

While ethnic Koreans from China continue to comprise the largest foreign resident group at 506,000, Vietnamese nationals have emerged as the fastest-growing demographic. Vietnamese residents now rank second with a population of 270,000, expanding much more rapidly than any other major group.

A major portion of this growth is driven by the education sector, according to the Korea Times.

The overall number of student visa holders rose by 18.2%, or 36,000 people, in just one year. Data highlights the prominence of the Vietnamese community within this sphere, as Vietnam currently ranks first with approximately 100,000 students in South Korea, followed by China with 45,000 and Uzbekistan with 17,000.

The rise in international students, attributed to the global appeal of Korean culture and government initiatives, is reshaping the visa landscape.

While ethnic Korean visas (F-4) and low-skilled worker visas (E-9) still account for the largest raw numbers at 410,000 and 321,000 respectively, professional visa categories are seeing sharp increases. The number of professional workers jumped 25.7% to 82,000, while the population of workers holding permanent residence visas grew by 17.1% to 123,000.

The report also identifies a shifting mindset among these new arrivals, noting a growing preference for long-term settlement over short-term employment.

Among those without permanent residency status, more than 89 % expressed a desire to remain in South Korea. This sentiment is strong among the student population as well, with 65.5 % stating they plan to continue living in the country after graduation, citing high satisfaction with the quality of education and academic programs.

The surge in migration has had a tangible impact on the labor market. More than 1.1 million foreign residents were employed as of May, marking a 9.8% year-on-year rise, the highest employment level recorded since the ministry began collecting such data in 2017, Yonhap reported.

The employment rate among foreign residents reached 65.5%, up 0.8 percentage points from the previous year.

Let me end this piece by asking you readers: What is your reaction to this development? Do you think South Korea can benefit economically and socially from the growing foreign resident population? Do you think time will come when foreign residents will eventually displace South Korea’s citizens on employment, local communities and business? Do you know anyone who wants to study in South Korea or enter the country as a foreign investor? Do you think South Korea has secured itself from human trafficking?

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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BMI Sees Philippines GDP Growth Slowing Down To 5.2% In 2026

November 3, 2025October 25, 2025carlocarrasco

BMI, a unit of Fitch Solutions, officially lowered its 2026 gross domestic product (GDP) for the Philippines at 5.2% pointing a series of factors such as remittances slowdown, weaker investor sentiment, US tariffs on Philippine goods and the effects of the flood control corruption scandals, 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…

Fitch Solutions’ unit BMI has sharply lowered its 2026 Philippine growth forecast to well below the government’s six- to seven-percent target, citing an expected slowdown in remittances, a weaker trade balance, muted investment sentiment, and downside risks to government spending stemming from the flood control fiasco.

“We expect remittance growth to slow due to tighter US [United States] immigration policy and a one-percent remittance tax on transfers from the US starting in 2026,” BMI said in a commentary published on Thursday, Oct. 23.

“A slowdown in remittances will weigh on domestic consumption, which will have an outsized impact on growth given the domestically driven economy,” BMI explained.

Against this backdrop, BMI has slashed its 2026 gross domestic product (GDP) growth forecast for the Philippines to 5.2 percent, one-percentage-point (ppt) lower than the 6.2 percent it projected previously.

If realized, this would also fall below this year’s growth goal of 5.5 to 6.5 percent, and 2024’s actual pace of 5.7 percent.

Another policy by US President Donald Trump that could drag down the local economy is the 19-percent tariff on Philippine exports, but zero tariffs imposed on select American imports.

This US-Philippines trade setup, according to BMI, “will weigh on the trade balance in 2026.”

Goods exports growth in August was the slowest in 2025 as US tariffs took effect and exporters’ front-loading of outbound shipments ended.

The latest Philippine Statistics Authority (PSA) data showed that goods exports grew by 4.6 percent year-on-year in August, marking the slowest increase since the 1.9-percent decline in December 2024

BMI also believes investor sentiment will “likely” remain muted next year as “erratic US trade policies will weigh on global investor sentiment and limit foreign direct investment inflows [FDIs].”

Domestically, government spending could bear the impact of a scenario where the ongoing flood control probe leads to the unearthing of more corruption cases tied to infrastructure projects beyond flood control.

“It could lead to even tighter scrutiny on government spending and reduce spending substantially below fiscally programmed levels,” BMI said. Capital outlays had dropped by 10 percent to ₱112.9 billion as of August, according to the Department of Budget and Management (DBM).

Infrastructure spending is expected to hit ₱1.51 trillion in 2025, ₱1.56 trillion in 2026, ₱1.69 trillion in 2027, ₱1.9 trillion in 2028, ₱2.03 trillion in 2029, and ₱2.2 trillion in 2030.

Meanwhile, BMI retained its 5.4-percent Philippine growth forecast for this year, still below the lowered full-year target.

Let me end this post by asking you readers: What is your reaction to this development? Are you convinced that due to several internal and external factors, economic growth of the Philippines will be slower this year and next year? Do you agree with BMI’s findings about the Philippine economy?

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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BPI Warns Public About Rise Of Smishing Scams Ahead Of Christmas Season

November 2, 2025November 2, 2025carlocarrasco

With the Christmas season approaching, Bank of the Philippine Islands (BPI) warned the public about the rise of smishing as criminals have changed their strategies and used more sophisticated technology to steal people’s money, according to a Manila Bulletin news report.

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

Ayala-led Bank of the Philippine Islands (BPI) is cautioning clients about a sharp, pre-holiday surge in online banking fraud linked to smishing, noting that criminals’ tactics have evolved from simple text scams to using highly sophisticated tools to steal money.

“Consumer complaints are increasing… a lot of it is seasonal. During Christmas, when people receive their bonuses, these cases really go up,” Jon Paz, BPI enterprise information security officer and data protection officer, said during the bank’s cybersecurity roundtable with the media on Wednesday, Oct. 22.

Paz reported that around eight out of 10 online banking fraud cases last year were perpetrated through smishing attacks using International Mobile Subscriber Identity (IMSI) catchers and rogue apps.

He further noted that there were almost zero IMSI-catcher-related fraud cases in 2024, but incidents began appearing around December and skyrocketed by the second quarter of this year.

“Some of the authorities reported that those who were caught were reporting to Chinese nationals,” Paz added.

An IMSI catcher is a fake cell tower device used by scammers to intercept mobile signals and steal users’ personal and banking information.

Meanwhile, a rogue app is a malicious or fake mobile application that tricks users into granting permissions or entering credentials, allowing scammers to harvest personal and banking data.

Despite the increasing number of consumer complaints in the banking industry, Paz noted that BPI’s risk tolerance is “low—one incidence of fraud is one too many for us.”

While the bank cannot disclose its total allotment for app enhancements, BPI Chief Technology Officer Alex Seminiano stated that nearly 60 individuals are working across various functions—business, technology, and operations—to enhance the bank’s mobile app.

BPI said its mobile apps are equipped with an evolving security layer that can detect risky environments and devices, such as those that are jailbroken, use overlays, or allow side-loading, to prevent potential breaches.

Let me end this post by asking you readers: What is your reaction to this development? Are you concerned that smishing will affect members of your family or those in your local community? Were you scammed online during the past six months? How many people in your local community are aware of smishing right now? Did you receive any text messages that tried to convince you to hit the link provided?

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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Leechiu Property Consultants See Bright Future Ahead For Philippine Tourism Due To Key Factors

October 28, 2025October 19, 2025carlocarrasco

There is no denying the fact that the Philippines is having trouble attracting foreign tourists this year but for Leechiu Property Consultants there is still a bright future ahead for the nation’s tourism industry due to growth in domestic tourism and a few other factors, 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…

Although Asian tourist arrivals decline, the Philippine tourism industry is still perceived to be entering “a new era of opportunity” because of the growth in domestic tourism, improved flight connectivity, and the 99-year lease reform.

Leechiu Property Consultants said in its third-quarter media briefing that, as investors refocus on long-duration assets, the country’s hospitality and leisure industries are expected to see renewed capital flows and expanded capacity through 2026.

“With the anticipated growth in domestic and long-haul tourism, along with increased hospitality FDIs (foreign direct investments) driven by the newly-approved 99-year lease to foreign investors, the tourism sector is poised to strengthen its position as a key investment area and a vital pillar of the Philippine economy,” said LPC Director of Hotels, Tourism, and Leisure Alfred Lay.

He said the sector continued its steady recovery in the third quarter of 2025, but “while there are signs of resilience, no significant shifts have yet created real momentum in foreign arrivals. Without a major catalyst, arrivals are unlikely to surpass 2024 levels.”

Traditional leaders, such as South Korea and China, show steep declines, while the USA, Japan, and Australia are emerging as stronger contributors, reflecting changing travel patterns and opportunities to diversify source markets.

While international arrivals remain below pre-pandemic peaks, Lay said “domestic travel is surging toward historic highs, establishing a solid foundation for long-term tourism growth and investment confidence.”

Domestic tourists are projected to reach 58.7 million in 2025, rising further to 62.2 million in 2026, a trajectory supported by the country’s forecast gross domestic product growth by 7.63 percent and 5.8 percent in 2025 and 2026, respectively.

Over the past two decades, domestic tourism spending has outpaced GDP, underscoring the sector’s resilience and capacity to drive nationwide economic activity.

Meanwhile, rising travel demand has spurred a wave of hotel developments nationwide, with a total of 5,210 new keys to be added in 2025—over 4,300 of which are expected to open in the fourth quarter.

A majority of these projects are led by domestic operators, reflecting local developers’ agility in capturing demand across destinations such as Metro Manila, Cebu, Boracay, Davao, and Palawan.

Lay said the newly approved 99-year lease law has created a strong foundation for long-term tourism investment as it provides global investors with the security to pursue large-scale resort and mixed-use developments.

Over time, the law is expected to stimulate foreign direct investment in tourism and hospitality, similar to the trends observed in the Maldives, where long-term leases have transformed the sector into a global investment hotspot.

Let me end this post by asking you readers: What is your reaction to this development? Do you think domestic tourism, improved flight connectivity and the 99-year lease reform will boost Philippine tourism in the short-term? Do you think domestic tourism will keep on growing to life up the nation’s tourism industry as a whole?

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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DEPDev Secretary Says Philippines Likely To Hit Low-End Of 2025 GDP Growth Target

October 26, 2025October 17, 2025carlocarrasco

Recently the Secretary of the Department of Economy, Planning, and Development (DEPDev) expressed confidence that the economy of the Philippines will hit the low-end target of GDP growth for 2025, 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…

Department of Economy, Planning, and Development (DEPDev) Secretary Arsenio M. Balisacan said he is confident Philippine economic growth will hit the lower end of the target this year, despite a slowdown in the third quarter.

“The growth that we are expecting for 2025 is now 5.5 to 6.5% The low-end of the range is still very much achievable,” he told reporters on the sidelines of an event on Oct. 16.

Economic managers will meet next week to assess whether revisions to this year’s growth outlook are needed, he added.

Budget Secretary and Development Budget Coordination Committee (DBCC) Chairperson Amenah F. Pangandaman on Wednesday told BusinessWorld that the gross domestic product (GDP) target for 2025 “remains attainable.”

Finance Secretary Ralph G. Recto earlier said flagged a slowdown in the third quarter and possibly until early 2026 as corruption probes curb public spending.

Aside from slower public spending, Mr. Balisacan said weather disruptions may have dampened economic activity in the July-September period.

“There may be a bit of a slowdown (in third quarter) because of these supply shocks that we have seen. There are so many typhoons that we have seen during the quarter, many days of work suspension. So economic activity is really affected,” he said.

Asked whether third quarter growth could fall below the 5.5% annual GDP growth in the second quarter, Mr. Balisacan said: “Hopefully not.”

Let me end this post by asking you readers: What is your reaction to this development? Would you be satisfied to see the economy of the Philippines grow by 5.5% this year? Do you think there will still be a lot of challenges and problems in the 4^th quarter that could somehow bring economic growth below 5.5% for the entire 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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