governance – Page 73 – Author Carlo Carrasco

Philippine economic growth for 2023 could hit 5.5%

October 4, 2023October 2, 2023carlocarrasco

In the views of the First Metro Investment Corporation (FMIC) and the University of the Asia and the Pacific (UA&P), the economy of the Philippines could grow by 5.5% for the year, according to a news article by Philippine News Agency (PNA). 2023 has been an economically challenging year and many anticipated that the national economy won’t grow as high as it did in 2022.

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

The Philippine economy is projected to grow by 5.5 percent this year, driven by the growth in government spending, a report released by the First Metro Investment Corporation (FMIC) and the University of the Asia and the Pacific (UA&P) said.

In the September issue of The Market Call released on Wednesday, FMIC and UA&P said Philippine economic growth in the third quarter of the year will likely reach 5.0 to 5.2 percent.

For the fourth quarter of this year, FMIC and UA&P project the country’s gross domestic product (GDP) to grow by 6 percent.

This would bring the full year GDP growth to 5.5 percent which is slightly below the government’s 6 to 7 percent target for this year.

“Despite the weak July-August, we think the NG will accelerate further its spending on infrastructure and transportation for the rest of the year, and employment will have strong rebound in September,” the report said.

The Philippine economy grew by 4.3 percent in the second quarter of this year. During the quarter, government expenditure contracted by 7.1 percent.

FMIC and UA&P however expect government spending to accelerate in the second half of the year.

“National Government took up the slack in July spending as it ramped up expenditures by 16.2 percent year-on-year in July through higher social protection and infrastructure outlays,” the report said.

Aside from government spending, FMIC and UA&P also expect manufacturing and construction to drive growth.

Let me end this piece by asking you readers: What is your reaction to this recent development? Do you think the national economy can do better than the 5.5% growth foreseen by the First Metro Investment Corporation (FMIC) and the University of the Asia and the Pacific (UA&P)?

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

+++++

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

Marcos signs Trabaho Para sa Bayan Act into law

October 3, 2023September 30, 2023carlocarrasco

In a new attempt to provide jobs in the Philippines and boost the economy, President Ferdinand “Bongbong” Marcos, Jr., recently signed into law the Trabaho Para sa Bayan Act, according to a news article by the Philippine News Agency (PNA).

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

The passage of the Trabaho Para sa Bayan Act will help the government achieve the goal of the Philippine Development Plan to provide more jobs to Filipinos, the National Economic and Development Authority (NEDA) said Wednesday.

President Ferdinand R. Marcos Jr. signed on Wednesday the Trabaho Para sa Bayan Act which seeks to, among others, address the challenges in the labor market.

“We support the Trabaho Para sa Bayan Act as it contributes to the Philippine Development Plan 2023-2028, which aims to increase employability, expand access to employment opportunities and achieve shared labor market governance,” NEDA Secretary Arsenio Balisacan said in a statement.

The law mandates the formulation of the Trabaho Para sa Bayan Plan (TPB) to address unemployment, underemployment, the informality of working arrangements, the reintegration of Overseas Filipino Workers and other challenges in the labor market.

It will also focus on improving the employability and competitiveness of Filipino workers through upskilling and reskilling initiatives and will provide support for micro, small and medium enterprises, and industry stakeholders.

The TPB Inter-Agency Council, chaired by the NEDA Secretary, will conduct a comprehensive analysis of the employment situation and labor market in the country.

The Council will also ensure the effective use of resources, harmonizing and complementing all governmental efforts and assisting local government units in planning, devising and implementing employment generation and recovery plans and programs within their respective localities.

Let me end this piece by asking you readers: What is your reaction to this recent development? Do you think the Trabaho Para sa Bayan Act will create positive results over the next few years if it succeeds? Do you think that more could be done to help local job hunters find opportunities and get employed 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.

+++++

Muntinlupa City declared 5th Most Competitive Highly Urbanized City of the nation (CMCI 2023)

October 2, 2023September 30, 2023carlocarrasco

The City of Muntinlupa has officially been declared as the 5^th Most Competitive Highly Urbanized City of the nation based on the 2023 Cities and Municipalities Competitiveness Index (CMCI) results which also showed strong finishes by the said city on other categories, 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…

Muntinlupa City was named the No. 5 overall most competitive highly urbanized city in the Philippines and landed in the top three in resiliency and infrastructure.

Mayor Ruffy Biazon received the awards at the Philippine Creative Cities and Municipalities Competitiveness Congress held on Sept. 28 at the Manila Hotel.

Local government units were ranked based on the Cities and Municipalities Competitiveness Index by the National Competitiveness Council.

“Cities and municipalities are ranked on their competitiveness based on an overall competitiveness score. The overall competitiveness score is the sum of scores on five main pillars which pool data from several sub-indicators. The five main pillars are: economic dynamism, government efficiency, infrastructure, resiliency, and innovation. Scores are determined by the values of the actual data, as well as the completeness of the submitted data. The higher the score of a city or municipality, the more competitive it is,” according to the CMCI website.

Overall, Muntinlupa ranked fifth under the most competitive highly urbanized cities category in the country with a score of 49.59.

It is also No. 3 in the resilience and infrastructure pillars, and No. 6 in the innovation pillar.

“Infrastructure pertains to the physical assets that connect, expand, and sustain a locality and its surroundings to enable provision of goods and services,” according to CMCI.

Resilience, on the other hand, “applies to the capacity of a locality to build systems that can absorb change and disturbance and being able to adapt to such changes.

For a closer look at the CMCI results, click https://cmci.dti.gov.ph/rankings-data.php?unit=Highly%20Urbanized%20Cities

Let me end this piece by asking you readers: What is your reaction to this recent development? If you are a resident of Muntinlupa City, what is your reaction to what the city achieved in the latest CMCI rankings? Do you believe that Muntinlupa is a blossoming and highly competitive city among all highly urbanized cities of the nation?

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

+++++

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

Rice retailers in Muntinlupa get temporary relief as City Government implements moratorium on rental payment collection

September 29, 2023September 29, 2023carlocarrasco

Recently in the progressive City of Muntinlupa, the local sellers of rice grain received temporary relief as the City Government implemented a moratorium on the collection of rental payments, 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…

The Muntinlupa City government has imposed a moratorium on the collection of rental payment from stall holders engaged in the selling of rice as assistance to them following President Marcos’ decision to put a price cap on regular and well-milled rice.

Marcos issued Executive Order No. 39 on Aug. 31 imposing a mandated price ceiling of P41 per kilo for regular milled rice and P45 per kilo for well-milled rice. The rice price cap took effect on Sept. 5.

To assist the affected rice retailers, the Muntinlupa City Council passed Ordinance 2023-120 “imposing moratorium on rental payment for public stall holder in the retail business of selling rice during the effectivity of Executive Order No. 39 or the imposition of mandated price ceiling on rice.”

Mayor Ruffy Biazon signed the ordinance on Sept. 26, which became “effective immediately upon its approval.”

According to the ordinance, the President issued E.O. 39 “with an end view to put a price cap on rice in the effort to ease off the increasing price of the staple caused by illegal price manipulation such as hoarding by opportunistic traders and collusion among industry carters in the light of the lean season, as well as global events taking place beyond the Philippines’ control, such as the Russia-Ukraine conflict, India’s ban on rice exportation, and the unpredictability of oil prices in the world market, among other factors, have caused an alarming increase in the retail prices of rice/”

The Department of Interior and Local Government (DILG) issued Memorandum Circular No. 2023-131 for mayors to assist and ensure the effective regulation of the price of rice through “regular inspections of public and private markets, as well as rice warehouses; activation of hotlines, consumer complaints desk, and Timbangan ng Bayan; and deputation of barangay officials and non-government organizations to monitor abnormal price increases,” the ordinance added.

Let me end this piece by asking you readers: What is your reaction to this recent development? Do you approve of the City Government’s moratorium on the collection of rental payments with regards to the local sellers of rice grain?

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

+++++

COMELEC and DOJ sign agreement versus vote-buying related to the BSKE

September 28, 2023September 25, 2023carlocarrasco

With the Barangay and Sangguniang Kabataan Elections (BSKE) all set to happen on October 30, 2023, the Commission on Elections (COMELEC) and the Department of Justice (DOJ) formally signed an agreement versus vote-buying, according to a Philippine News Agency (PNA) news article.

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

The Commission on Elections (Comelec) and the Department of Justice (DOJ) signed an agreement on Monday to go after and prosecute persons involved in vote-buying in the Barangay and Sangguniang Kabataan Elections (BSKE).

Justice Secretary Jesus Crispin Remulla said prosecutors nationwide will be on duty to accept complaints on Oct. 30, election day.

“The fiscals will be available for the cases that may be filed,” he told the media during the “Kontra Bigay” memorandum of agreement signing at the DOJ office in Manila. “We can handle the volume. Mahalaga dyan may testigo (What is important is there are witnesses).”

He said the need for witnesses is crucial since most-vote buying may be conducted using electronic wallets, instead of actual cash changing hands.

Remulla also sees no conflict with a recent DOJ directive to closely scrutinize all charge sheets filed before prosecutors to ensure that complaints with a reasonable probability of conviction will be filed by the courts.

All charges may be considered “open-and-shut” cases if sworn statements from witnesses are complete and sufficient.

Comelec chairperson George Erwin Garcia expressed confidence that measures such as warrantless arrest of persons involved in vote buying and red flags like the transport of large volumes of cash and giveaways are sufficient measures.

So far, Comelec has already received 23 complaints related to vote-buying.

The practice of “flying voters” or voters ferried to different voting areas are no longer prevalent due to the adoption of modern voter identification systems, Garcia added.

The campaign period for the BSKE will be on Oct. 19 to 28.

Let me end this piece by asking you readers: What is your reaction to this recent development? Do you think that this agreement by the COMELEC and the DOJ will make an impact against vote-buying related to the BSKE?

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

+++++

Muntinlupa LGU declared a drug-free workplace

September 27, 2023September 25, 2023carlocarrasco

Recently in the progressive City of Muntinlupa, the City Government was formally declared a drug-free workplace and a marker was unveiled highlighting it, 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…

The Muntinlupa City government achieved another feat when it was declared a drug-free workplace.

Dangerous Drugs Board (DDB) Chairman Catalino Uy and Mayor Ruffy Biazon unveiled the marker for the drug-free workplace during the weekly flag-raising ceremony at the Muntinlupa City hall quadrangle on Monday, Sept. 25.

According to Florecito Ragudo, chief of the Muntinlupa Drug Abuse Prevention and Control Office (DAPCO, the Muntinlupa City government became a drug-free workplace after successfully following the parameters set by the DDB.

He said the drug-free workplace policy was finally initiated under the administration of Biazon after years of deferment due to the Covid-19 pandemic.

“Overall, what our mayor wanted was that all employees are not using illegal drugs so we can deliver effective services to our citizens,” said Ragudo.

Biazon signed an executive order establishing a workplace anti-drug abuse assessment team to implement the policy.

Under DDB Regulation No. 13 issued in 2018, the drug-free workplace policy covers “all appointive public officers in all offices, including all constitutional bodies, departments, bureaus, and agencies of the national government, government–owned and controlled corporations, state and local universities and colleges, and elective local officials of local government units.”

“Mandatory drug testing shall remain a requirement for initial entry to government service. Any applicant found positive for drug use shall be denied entry to government service,” it added.

Uy congratulated the Muntinlupa City government for achieving the milestone.

“On behalf of the Dangerous Drugs Board, I would like to commend and congratulate [you]. We are with you in the success in having and launching of drug-free workplace policy here in Muntinlupa. Congratulations,” said Uy.

Let me end this piece by asking you readers: What is your reaction to this recent development? Do you think of the City Government as a shining example of a drug-free workplace?

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

+++++

Almost 8,000 young students receive supplies from Muntinlupa City Government

September 26, 2023September 21, 2023carlocarrasco

Recently in the progressive City of Muntinlupa, almost eight thousand young students received school supplies from the City Government, according to a Manila Bulletin news report. Take note that the City Government previously started the distribution of school supplies locally.

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

About 7,800 young kids received free school supplies from the Muntinlupa City government.

Mayor Ruffy Biazon distributed the Balik Eskwela Packages to the young students in 89 Child Development Centers in Muntinlupa on Sept. 20.

Through Muntinlupa’s Early Childhood Education Division (ECED), the students received school bags, water tumblers, notebooks, pad papers, jumbo pencils and crayons.

“Naglaan ng pondo ang city government para makapag-provide ng gamit para sa kanila. Bahagi ito ng Karunungan Agenda natin sa ilalim ng 7K Agenda (The city government allotted funds to provide things to them. This is part of of the Karunungan Agenda under the 7K Agenda),” said Biazon.

Let me end this piece by asking you readers: What is your reaction to this recent development? Do you think the City Government is doing the right thing with the release of school supplies to qualified local students?

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

+++++

Foreign tourist arrivals in the Philippines approaching 4 million

September 25, 2023September 25, 2023carlocarrasco

Close to four million foreign tourist arrivals have been counted lately as Department of Tourism (DOT) secretary Christine Frasco confirmed, according to a Philippine News Agency (PNA) news article. Take note that the target for 2023 is 4.8 million foreign tourist arrivals and the government intends to make the country a stronger tourism force in Asia by the year 2028.

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

The Philippines is close to hitting its 2023 arrival target after recording more than 3.87 million foreign tourists as of Sept. 19, Tourism Secretary Christina Frasco said Wednesday.

At the opening of the 2023 Philippine Travel Exchange (PHITEX) in Cebu, Frasco said the country logged 3,877,183 inbound arrivals or at least 80.77 percent of the 4.8 million foreign tourists that the DOT targets to reach by the end of the year.

In the same period, the Philippines generated PHP316.9 billion in revenue from tourists coming mostly from South Korea, the United States and Japan.

Frasco is optimistic these figures will increase as business-to-business meetings between sellers and buyers at the PHITEX commence on Sept. 20.

She said the Marcos administration would continue working to transform the Philippines as a “tourism powerhouse in Asia”.

She shared the DOT’s plans and programs aimed at promoting ecotourism, the development of tourism communities across the country, fostering robust private sector participation to promote heritage protection, diversification of the country’s tourism portfolio and other initiatives to benefit tourism stakeholders.

Let me end this piece by asking you readers: What do you think about this recent development? With the likelihood that the Philippines will be able to surpass its 2023 foreign tourist arrivals target of 4.8 million, do you think the number could reach 6 million by the end of the year? Did you notice any positive economic impact from the rising foreign tourist arrivals? If you own a business, did you benefit from foreign tourists’ spending?

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

+++++

Las Piñas City government releases cash aid to local rice retailers

September 18, 2023September 14, 2023carlocarrasco

Recently in Las Piñas City, the City Government released cash aid to the local rice retailers to support them in coping with the rising costs in their line of business, according to a Manila Bulletin news report. The distribution was led by Mayor Imelda Aguilar.

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

Las Piñas City Mayor Imelda Aguilar led the distribution of cash assistance to 139 rice retailers at Las Piñas City Café in the City Hall grounds on Tuesday, Sept. 12.

The mayor said the City Agriculture Office (CAO), in coordination with the City Social Welfare and Development Office (CSWDO), distributed P15,000 cash assistance to each of the beneficiaries.

Aguilar took a decisive stance in response to the rising prices of rice to safeguard the city’s small-scale rice retailers, traders, and vendors.

The cash assistance is just the beginning of the city government’s initiatives to help its small rice business owners, said Aguilar, showing her commitment to aiding local businesses and prioritizing community welfare.

The mayor also revealed that the city government is in the process of developing a more comprehensive plan to support local rice traders and vendors.

The cash assistance aims to provide immediate relief to small businesses in the city, empower them to continue their operations and contribute to stabilizing rice supplies in the community since the livelihoods of rice retailers are under severe strain due to the surging price of rice.

It should be noted that government-related action towards rice grain has been making waves elsewhere. In fact, the Department of the Interior and Local Government (DILG) called on local government units to pass ordinances to help rice retailers.

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 struggling to buy rice grain for your family now? Do you think this newest action by the City Government will benefit consumers as well? Are the local rice retailers in your community been struggling a lot 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.

+++++

Muntinlupa City Councilor wants solution related to ongoing Skyway project in Alabang

September 15, 2023September 13, 2023carlocarrasco

Recently in the progressive City of Muntinlupa, a member of the City Council wants a solution to the potential traffic problem that could happen in connection to the Skyway’s off-ramp project in Alabang, according to a Manila Bulletin news report. Previously a local committee wanted to halt the said project.

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

A Muntinlupa councilor wants to open a village road in Alabang as a solution to the impending traffic problem that will be created by the Skyway off-ramp widening project on the West Service Road.

Councilor Francis Ian Bagatsing, chairperson of the City Council’s Committee on Engineering, Public Works and Infrastructure, had earlier recommended to stop the Skyway off-ram widening project due to lack of permits.

Skyway complied with the requirements and was given a permit by the Office of the City Building Official.

Bagatsing, in the committee report, said the Skyway project will narrow a portion of the West Service Road and will cause heavy traffic.

The committee said the “narrowing of the West Service Road south bound towards Filinvest Northgate is due to the additional exit tollbooth being constructed by the Skyway management.”

It said the portion of the West Service Road affected by the project will lose about 1.2 to 2 meters of “carriage way because of the said expansion.”

“Residents, establishments, and some stakeholders along West service road are not amenable to the said Skyway exit tollbooth expansion since this will result to a ‘funneling’ and traffic jam,” according to the report.

The City Council’s Committee on Land Use and Zoning held a hearing on Sept. 11 with Filinvest and recommended to having a portion reclaimed at the easement of the company’s fire station and water treatment facility.

Bagatsing said he is proposing to open Rizal Village in Alabang from the West Service Road leading to the main road in the Northgate portion of Filinvest as an alternate route for motorists.

He said the opening of the village road will be done through an ordinance.

Let me end this piece by asking you readers: What is your reaction to this recent development? If you are a Muntinlupa resident, do you think the Skyway off-ramp project will cause more traffic problems than improvements on the flow of traffic?

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

+++++

	Murmel on Economic Warning Signs In The…
	G. Gibson on Economic Warning Signs In The…
	G. Gibson on Economic Warning Signs In The…
	Business Channel on Economic Warning Signs In The…
	Markets & Financ… on Economic Warning Signs In The…

Share this:

Share this:

Share this:

Share this:

Share this:

Share this:

Share this:

Share this:

Share this:

Share this: