governance – Page 2 – Author Carlo Carrasco

SBMA And Leechiu Property Consultants To Advance Freeport Investments And Tourism

March 14, 2026March 9, 2026carlocarrasco

Having been to the Subic Bay Freeport Zone many times already, the former US Naval base has been a strong engine for tourism, commerce and investments for the Philippines over the decades. Each time I visited, there was also something new to discover and the economic modernization happened gradually.

In a serious bid to enhance investments and accelerate the growth of tourism, the Subic Bay Metropolitan Authority (SBMA) announced that it has teamed up with the Leechiu Property Consultants (LPC) and their officials had important talks recently.

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

Subic Bay Metropolitan Authority (SBMA) officials met with executives of Leechiu Property Consultants (LPC) to explore collaborative initiatives to accelerate tourism growth and investment promotion here.

Led by SBMA Business and Investment Group’s Senior Deputy Administrator (SDA) Renato Lee III, discussions focused on expanding high-impact tourism segments including cruise ship tourism, wreck diving, forest trails, and Meetings, Incentives, Conferences, and Exhibitions (MICE) activities.

David Lee-Chiu, CEO of Leechiu Property Consultants highlighted Subic Bay’s deep-water port and strategic location as key advantages in positioning the Freeport as a competitive cruise ship destination in Luzon.

Lee-Chiu also noted that increased cruise calls would drive growth across hospitality, retail, transport, and local enterprises.

Meanwhile, SBMA Chairman and Administrator Eduardo Jose L. Alino also mentioned “wreck diving” as a strong niche market, with Subic Bay’s historic shipwrecks that continue to attract both domestic and international divers.

Also discussed was the development and promotion of forest trails and eco-tourism experiences, recognizing Subic Bay Freeport’s protected forest areas as prime assets for sustainable tourism, nature-based recreation, and eco-adventure activities.

Let me end this post by asking you readers: What is your reaction to this recent development? If you have visited the Subic Bay Freeport Zone over the past three months, how was your stay and did you find the place worth revisiting? Do you think the SBMA can still achieve so much more in terms of tourism growth and business?

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

Japan To Release Oil Reserves As Early As March 16

March 13, 2026March 12, 2026carlocarrasco

As many countries around the world are already struggling with the economic disruptions and the spike in oil prices as a result of the ongoing chaos in the Middle East, Japan has decided to release its own oil reserves and it could happen as early as Monday (March 16), according to a news report by Kyodo News.

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

Japan will begin drawing down its oil reserves as early as next Monday to deal with a possible sharp rise in gasoline and other petroleum product prices amid the Middle East conflict, Prime Minister Sanae Takaichi said.

Takaichi told reporters on Wednesday that Japan will release 15 days’ worth of reserves held by the private sector and then one month’s worth of government-held oil without waiting for a decision coordinated by the International Energy Agency.

It will be the first time Japan has released its government oil reserves individually, not in an internationally coordinated way, since the stockpiling of oil began in 1978.

Japan’s dependency on the Middle East for crude oil is “prominently high” compared with other countries and imports are expected to “significantly drop late this month or later,” necessitating measures to prevent a disruption to the supply of gasoline and other petroleum items, Takaichi said.

Citing the possibility that the average price of domestic retail gasoline could surpass 200 yen ($1.26) per liter, Takaichi also said she aims to keep the price at around 170 yen by utilizing a government fund.

The price of gasoline hit as low as 154.70 yen in mid-January but rose to 161.80 yen per liter as of Monday, according to industry ministry data.

“We will flexibly review the support measures to ensure continuous relief for the public even if the (Middle Eastern) situation is prolonged,” Takaichi said.

Japan imports more than 90 percent of its oil from the Middle East, making it highly vulnerable to the effective closure of the Strait of Hormuz, which has prevented the transportation of oil and gas from suppliers in the Persian Gulf, after the U.S. and Israel attacked Iran late last month.

As of the end of December, Japan had 470 million barrels of oil reserves equivalent to 254 days of domestic consumption, of which 146 days’ worth were government-owned, 101 days held by the private sector, and the remainder jointly stored with oil-producing countries.

Let me end this piece by asking you readers: What is your reaction to this development? Do you think Japan made the right decision to release its oil reserves good for fifteen days? Do you think Japan will be able to find new and alternative sources of oil so that it can cut its reliance on Middle East oil?

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 Subic Bay Freeport Zone Workforce Surpasses 170,000

March 13, 2026March 7, 2026carlocarrasco

For decades, the Subic Bay Freeport Zone has been a hot spot of commerce, tourism and varied types of businesses which resulted in the creation of new jobs. Recently, the Subic Bay Metropolitan Authority (SBMA) officially confirmed that the Freeport workforce exceeded 170,000 in 2025 which is an improvement of over 4% compared with 2024.

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

The workforce in the country’s premier Freeport totaled 171,653 in 2025, according to the annual report by the Subic Bay Metropolitan Authority (SBMA).

According to a report from the SBMA Labor Department, this figure reflects a 4.4 percent increase from last year’s 164,400 recorded in 2024.

SBMA Chairman and Administrator Eduardo Jose L. Aliño said that the increase in the number of workers here results from President Ferdinand R. Marcos Jr.’s mandate to provide more employment opportunities for Filipinos.

He said that Olongapo City remains the biggest source of manpower, with 70,769 residents working here. He added that this was followed by Zambales with 31,621; Bataan with 22,897; National Capital Region with 7,077; Pampanga with 5,492; Tarlac with 2,199; and the remaining 31,598 from other parts of the country, including foreign workers.

Around 70.60 percent of workers, or 121,187, are male, while the remaining 29.40 percent, or 50,466 workers, are female, and employed by 4,744 Subic companies. Despite the disparity, female workers outnumbered male workers in the manufacturing sector, with 18,951 females and 18,242 males employed across 111 manufacturing companies in Subic.

Meanwhile, the Subic Bay Freeport’s services sector remains the biggest employer, which clocked at 67.32 percent of the workforce, with the manufacturing sector making up 21.67 percent. These are followed by the construction sector with 7.36 percent, and shipbuilding/marine-related services with 3.64 percent.

Aliño added that the services sector also has the biggest number of companies, with 4,129, followed by the construction sector with 356 companies, then shipbuilding/ marine-related services with 148 companies, and lastly the manufacturing sector with 111 companies.

He further said that more companies are still looking for employees, thru the SBMA Labor Department’s regular conduct of job fairs and posting job openings via online portals and bulletin boards at their offices near the Subic Bay Gym.

“Jobseekers can click on the SBMA Career Portal, where we provide an official list of vacancies from various Freeport locators. We encourage applicants to check the Subic Gym bulletin board for scheduled examinations and interviews,” he said.

Let me end this post by asking you readers: What is your reaction to this recent development? If you are managing a business, have you thought about expanding and setting up a place inside the Subic Bay Freeport Zone? What is your current impression about the business and work environment inside Subic Bay right now?

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

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Japan Moves With Establishing Pre-Entry Immigration Checks And Higher Residency Fees

March 12, 2026March 10, 2026carlocarrasco

The establishment of online pre-entry immigration checks and much higher residency fees could become a reality as the Japanese government approved a bill to amend the immigration control law, according to a Kyodo News report.

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

The Japanese government on Tuesday approved a bill to amend the immigration control law to establish an online pre-entry screening system for overseas arrivals and significantly increase residence status application fees for foreigners.

The Cabinet-endorsed bill will be submitted to the current Diet session, and if enacted, the government aims to implement the entry eligibility screening system called the Japan Electronic System for Travel Authorization, or JESTA, in fiscal 2028.

The amendment includes raising the upper limit for visa application and renewal fees from 10,000 yen ($63) to 300,000 yen, marking the first increase since 1982.

The introduction of JESTA aims to prevent terrorism and illegal employment, according to the Immigration Services Agency. It would target the current 74 countries and regions whose citizens are exempt from obtaining short-stay visas.

Several days before traveling to Japan, applicants would be required to provide information online, including their name, the purpose of their stay, and the locations they intend to visit. Those suspected of traveling for illegal employment or other violations would be denied boarding on aircraft and ships.

Fees are currently set at 10,000 yen for application for permanent residency and 6,000 yen for residence period renewals.

It has been pointed out that these fees, which cover only actual costs and are also allocated to coexistence measures, are significantly lower than those in Western countries.

The number of foreign residents in Japan at the end of 2025 stood at approximately 4.13 million, a record high.

The government would aim to use the increased cap to cover system costs for efficient visa screening and the establishment of consultation services.

The amendment sets the cap at 300,000 yen for permanent residency applications and 100,000 yen for visa extensions and similar procedures.

The limits have been set in anticipation of future inflation. Going forward, the specific amounts for each fee would be determined by government ordinance with the aim of applying them within fiscal 2026.

According to sources, the permanent residency application fee is being considered at around 200,000 yen, while other fees would range from 10,000 yen to 70,000 yen depending on the intended period of stay.

Let me end this piece by asking you readers: What is your reaction to this development? Do you think the proposed changes will make a tremendous impact on immigration in Japan? Do you expect the bill to be approved this year? How far do you think Japan should go with reforming their immigration system?

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

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Las Piñas City Government Shifts To Compressed Work Week

March 11, 2026March 10, 2026carlocarrasco

With the ongoing conflict in the Middle East and much higher prices of fuel already in effect, the City Government of Las Piñas announced that it has started implementing the compressed work week schedule to specifically cut down on energy consumption in government offices. Workers of certain departments, however, will resume their regular operations to ensure uninterrupted services.

To put things in perspective, posted below is the entire announcement by the City Government. Some parts in boldface…

The Office of the Mayor released Memo No. 2026-001 implementing the Compressed Workweek Schedule in the City Government of Las Piñas, in accordance with Memorandum Circular No. 114 of the national government that aims to reduce energy consumption in government offices.

Under the new schedule, city employees will go to work Monday through Thursday, 8:00 AM to 7:00 PM.

The move aims to support energy conservation, make government operations more efficient, and ensure service delivery to citizens continues.

Offices that provide essential services such as the City Health Office, Disaster Risk Reduction Management Office, Engineering Office, City Environmental and Natural Resources Office, and Traffic and Parking Management Office will resume their regular operations to ensure public service is not interrupted.

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 have a lot of transactions to complete at City Hall? Do you know anyone who works as a City Government employee?

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

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Philippines Economic Growth May Slow Down To 4.2% This Year

March 10, 2026March 3, 2026carlocarrasco

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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Philippines Coconut Oil Exporters See Golden Opportunities In America

March 10, 2026March 3, 2026carlocarrasco

Since US President Donald J. Trump returned in 2025, there were significant revisions in America’s health standards with Robert F. Kennedy Jr. (RFK Jr.) serving as the Secretary of Health and Human Services. One of the revisions tackled the dietary health guidelines which in turn created new opportunities in America that coconut oil exporters of the Philippines can capitalize on, according to a news report by the Philippine Star.

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

Coconut oil exporters are upbeat that demand for the prized commodity in the US will increase after Washington revised its dietary health guidelines, promoting the consumption of healthy fats.

United Coconut Association of the Philippines (UCAP) said the latest 2025-2030 US Dietary Guidelines reflects a “symbolic” shift in Americans’ diet as it represents an “inverted” food pyramid, putting fats at the top.

Prior to the change, saturated fats, including coconut oil, have been demonized based on the prevailing Lipid Heart Theory claiming that saturated fats and cholesterol are the root causes of heart disease, said UCAP chairman Marco Reyes.

He pointed out that previous dietary guidelines, particularly the 2020-2025 edition, had explicit warnings on the consumption of fats, including coconut oil and recommended consumers to shift to vegetable oil instead.

But in the latest guidelines, such an explicit warning has been removed with the only discouraging factor to coconut oil remaining is the limit stated on the consumption of saturated fat, Reyes said.

The latest dietary guidelines emphasized that saturated fat consumption must not exceed 10 percent of total daily calories. Furthermore, consumers are advised to eat healthy fats which it noted are plenty in whole foods like meats, eggs, among others.

However, coconut oil is not categorically stated as part of the healthy fats. Despite this, Reyes noted that demand for the commodity will still increase since there are no more explicit warnings against coconut oil.

Let me end this post by asking you readers: What is your reaction to this recent development? Do you think the latest health guidelines of America will actually lead to stronger demand for coconut oil from the Philippines?

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

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Las Piñas City Government Receives New Training Equipment From TESDA

March 9, 2026March 3, 2026carlocarrasco

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

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

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

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

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

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

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

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

Let me end this piece by asking you readers: If you are a resident of Las Piñas City, what is your reaction to this development? Are you delighted that TESDA released new training tools to the City Government? Do you know anyone who took training courses with TESDA in the city?

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

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Chinese National Arrested In Batangas For Posing As A Filipino

March 8, 2026March 2, 2026carlocarrasco

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

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

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

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

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

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

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

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

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

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

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

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

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Only 705,809 Babies Born In Japan In 2025

March 7, 2026March 3, 2026carlocarrasco

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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