Tag: Investagrams

Japan To Raise Foreigners’ Residency Fees Significantly

Japan To Raise Foreigners’ Residency Fees Significantly

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In a clear attempt to cover the administrative costs resulting from the sharp increase of foreign residents in their country, Japan intends to raise foreigners’ residency fees significantly this year, according to a news article by Jiji Press.

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

Japan announced a draft cabinet order Friday to raise the fees for permission to change temporary residence status and extend the period of stay to up to 75,000 yen from the current 6,000 yen.

The new fees will range from 10,000 to 75,000 yen, varying depending on the length of the period, according to the draft, released by the Immigration Services Agency. The fee to obtain permanent resident status will jump to 200,000 yen from 10,000 yen.

The agency hopes to put the fee hikes into effect in October after a public comment period from Friday.

Let me end this piece by asking you readers: What is your reaction to this development? Do you think the planned hike of foreigners’ residency fees are justified and timely? Do you think the plan will deter Third World countries from sending their citizens to Japan as immigrants or as migrant workers? Do you think the hike of foreigners’ residency fees will take effect this October?

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

USA Reaffirms Support For The Philippines Following China’s Ballistic Missile Launch

USA Reaffirms Support For The Philippines Following China’s Ballistic Missile Launch

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Following the disturbing ballistic missile launch of Communist China into the Pacific Ocean, the United States reaffirmed its support for the Philippines, according to a news report by the Manila Bulletin. Symbolically, the new US Ambassador to the Philippines Lee Lipton issued an official statement.

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

The United States has reaffirmed its commitment to the Philippines after China test-launched an unarmed intercontinental-range ballistic missile from a submarine into the southern Pacific Ocean.

In a statement on Tuesday, July 7, US Ambassador to the Philippines Lee Lipton said the launch underscored concerns over Beijing’s nuclear weapons buildup and its implications for regional peace and stability.

“The ironclad US-Philippine Alliance has been a tremendous and transparent source of regional peace and stability for over seven decades,” Lipton said.

“Beijing’s provocative missile launch yesterday is further evidence of its rapid and secretive nuclear weapons development program, which runs counter to regional stability and is inconsistent with the pursuit of meaningful arms control discussions,” he added.

Lipton said the United States shares the Philippines’ concerns over the missile launch and remains committed to its “oldest security ally in the region.”

The statement followed a July 6 statement by US State Department spokesperson Thomas “Tommy” Pigott, who said the United States had monitored China’s test launch of an unarmed intercontinental-range ballistic missile from a submarine.

According to Pigott, the missile landed in the southern Pacific Ocean.

“At a time when the United States is working harder than ever to prevent nuclear proliferation, China is doing the opposite,” Pigott said.

He said China’s “rapid and opaque nuclear weapons buildup” remains a major concern for countries in the region and the international community.

The United States also urged China to participate in meaningful arms control talks and establish a regular notification arrangement for all intercontinental-range ballistic missile and space launches.

Such an arrangement, Pigott said, would be consistent with commitments made by the other members of the P5, or the five permanent members of the United Nations Security Council.

“The United States remains steadfast in our defense commitments to our allies and partners,” Pigott said.

The latest US statements come amid continuing concerns over China’s expanding military capabilities and increasingly assertive activities in the Indo-Pacific, including in the West Philippine Sea.

Let me end this piece by asking you readers: What is your reaction to this development? Are you concerned that China could someday attack the Philippines with ballistic missiles? Do you think this destabilizing move by China could spark the US to send more naval vessels into the Asian region? How do you think US President Donald Trump will react if ever China launches even more ballistic missiles?

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

BPI Customers Can Withdraw And Deposit Cash At Grocery, Convenience Stores And Other Commercial Joints

BPI Customers Can Withdraw And Deposit Cash At Grocery, Convenience Stores And Other Commercial Joints

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Customers of Bank of the Philippine Islands (BPI) are able to withdraw and deposit cash at grocery, convenience stores and other commercial joints thanks to the a newly launched campaign between the bank and over a thousand partner stores, according to a news report by GMA News.

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

The Bank of the Philippine Islands (BPI) on Wednesday launched its “Himala” campaign, allowing customers to withdraw and deposit cash at 1,369 partner stores, including grocery and convenience stores.

The service effectively turns participating outlets into “mini BPI branches,” enabling customers to complete cash transactions without visiting a physical bank branch.

The partner network includes Robinsons Retail Holdings Inc. (RRHI) stores such as Robinsons Easymart, Robinsons Supermarket, Shopwise, The Marketplace, Robinsons Department Store, Toys “R” Us, and Uncle John’s.

The service is also available at non-RRHI outlets, including Amesco, Fitmart GenSan, CVM Pawnshop, Falcor Marketing, Prince Retail, Prince Warehouse, Rodamel Drugstore, Savers Depot, Tacurong Fit Mart Inc., and Tambunting Pawnshop.

Customers can generate a barcode through the BPI app for cash deposits and withdrawals, then present it at any participating store for processing. They may also send the barcode to another person, who can use it to deposit or withdraw cash at a partner outlet.

Customers may deposit or withdraw a minimum of P100 through the partner network. Deposits are limited to P10,000 per barcode and P50,000 per day, while withdrawals are capped at P10,000.

Select services, including account opening and applications for BPI products, are also available through the bank’s network of 8,000 retail partners, which includes pharmacies and gas stations nationwide.

According to BPI Agency Banking head Rally Jereza, the Ayala-led lender is in talks to onboard more partner stores, with the goal of expanding the network to 10,000 outlets within the year.

“For now, I’m satisfied with 8,000 because we want to encourage people to use [the service]. But in terms of expanding, with existing BPI clients, corporate clients… it’s easy to expand. Right now, we just want to be able to maximize all of those footprints,” he said.

Jereza said the initiative also supports BPI’s “May BPI Dito” campaign, which aims to make the bank’s services available in as many locations as possible.

“What began in 2023 as product application points has evolved into a fully integrated banking ecosystem. Every phase—from enabling transactions on tablets to barcode withdrawals and now barcode deposits—was built to ensure safety, simplicity, and trust,” he said.

“This is not just expansion; it is a redefinition of what a bank can be in the digital age,” he added.

BPI said it has onboarded more than one million new-to-bank customers through its agency banking network and aims to increase the figure to 10 million.

Let me end this post by asking you readers: What is your reaction to this recent development? If you are a BPI customer, have you experience the convenience of doing important transactions at the grocery or at the convenience store 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

Chinese Fugitives And One Other Arrested In Parañaque City

Chinese Fugitives And One Other Arrested In Parañaque City

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Recently in the City of Parañaque, the Bureau of Immigration (BI) arrested three Chinese nationals – two fugitives and one overstaying individual – according to the announcement by the authorities.

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

In line with the directive of President Ferdinand R. Marcos Jr. to intensify the country’s campaign against transnational crime and prevent the Philippines from becoming a haven for foreign fugitives, the Bureau of Immigration (BI) arrested two Chinese nationals wanted in their home country for fraud and illegal gambling operations, and apprehended another Chinese national found to be overstaying during the same enforcement operations.

Immigration Commissioner Joel Anthony Viado identified the fugitives as Jiang Yin, 31, and Li Chuang, 34, who were separately arrested by operatives of the BI’s Fugitive Search Unit (FSU) on the evening of June 16 in Parañaque City.

The operations were conducted in coordination with Chinese authorities that provided intelligence information about their crimes.

During the operation against Li, agents also encountered another Chinese national identified as Wang Weixin, 32, whose immigration records showed that he had overstayed in the Philippines and was the subject of an active Hold Departure Order.

According to the Bureau, both Jiang and Li are wanted by Chinese police for allegedly participating in large-scale fraud and illegally operating online gambling activities through the “Qianneng Wallet” application.

Investigators in China alleged that the application was operated by a syndicate, which recruited Chinese nationals to facilitate illegal online gambling.

Authorities further identified the two fugitives as key members of two illegal gambling syndicates, where they allegedly served as supervisors and markers who extended gambling credit and facilitated betting activities.

Immigration records likewise showed that Jiang entered the Philippines in 2019 as a temporary visitor but failed to maintain a valid immigration status, rendering him an overstaying alien. Meanwhile, verification confirmed that Li was already the subject of existing Bureau blacklist and watchlist orders as an undesirable alien and fugitive from justice.

Let me end this post by asking you readers: What do you think about this recent development? If you are a resident of Parañaque, are you frustrated with the presence of Chinese criminals in the city? Do you think of crime and Chinese nationals whenever you hear the words Parañaque Renaissance? Do you think there could be thousands more illegal aliens living in Parañaque?

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 at https://www.instagram.com/authorcarlocarrasco

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

Trump Honors American Heroes And Founding Fathers During 250th Independence Day Celebration

Trump Honors American Heroes And Founding Fathers During 250th Independence Day Celebration

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The United States of America (USA) celebrated its 250th anniversary and during his 4th of July speech at the National Mall, US President Donald Trump honored the American heroes as well as the Founding Fathers of the nation, according to a news report by Newsmax.

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

President Donald Trump celebrated America’s 250th anniversary in a rousing speech on the Fourth of July at the National Mall on Saturday night.

Trump delivered his remarks after 11 p.m. ET, after being delayed by over an hour due to lightning and heavy rains. But Trump said he would not be deterred in celebrating the adoption of the Declaration of Independence.

“If we have to speak in front of one person at four in the morning I’m going to be here,” Trump said in a speech streamed live on Newsmax. “There’s no way we can be deterred.”

“Tonight we come together for one of the most joyous and glorious milestones of all time,” Trump added. “For two and a half centuries, our American Republic has stood as the crowning achievement of human history.

“This country is the home of freedom. This is the land of liberty. And this is a flag that’s the banner of the most extraordinary, most exceptional, most incredible nation ever to exist on the face of the Earth.”

The president said the American people have shown more courage, done more good, righted more injustice and achieved more greatness than anyone else.

“For 250 years, the United States of America has been the hope, the promise, the light and the glory among all of the nations of the world, all over the world, they try and be like us,” Trump said.

“Nobody can be like us, and with God’s help, we will always be this,” Trump added. “Or even better. We’re going to be better.”

Trump used his speech to honor numerous veterans who fought in American wars, bringing them on stage to salute the flag while telling their tales of heroism.

Among those honored were 104-year-old Ken Schrubing, who was just 19 years old when he survived the Japanese attack on Pearl Harbor, and 101-year-old Don Graves, who fought in the Battle of Iwo Jima.

“These are the fighters and the banners of the Greatest Generation,” Trump said. “They are the greatest generation. They saved the world and they made America very, very proud. We’re very proud of you, heroes all.“

Marine Corporal Pat Finn and Private First Class Rudy Meekins, who fought in the Battle of Chosin Reservoir in the Korean War, were also honored, along with astronaut Jack Schmitt, the last American to walk on the moon, and the Artemis II flight crew.

Eleven Gold Star families were also presented with flags during Trump’s speech.

Speaking in front of the first American flags produced, Trump praised the Founding Fathers and the signers of the Declaration of Independence.

“Those 56 patriots put everything at risk, stepped onto the stage of destiny, and seized a victory for the ages,” Trump said.

Trump said the Founding Fathers have allowed America to thrive for 250 years.

“Our cause was just. Our people are brave, our culture is exceptional, and our destiny is written by God,” Trump said.

“And as we can see here tonight, after 250 years, the spirit of 1776 still lives within us all,” Trump added.

Let me end this piece by asking you readers: What is your reaction to this development? Are you delighted with the way America’s 250th anniversary was celebrated this year? Are you thankful to America’s Founding Fathers, war veterans and other brave heroes who kept the US a shining light on the world? Do you think the unpatriotic Americans will eventually realize they are wrong with their current beliefs and make a drastic change to love the United States again?

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

Muntinlupa City Honored With Steward for Waterways Sustainability Award

Muntinlupa City Honored With Steward for Waterways Sustainability Award

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In recognition of its support and implementation of the Adopt-An-Estero and Waterbody Program last year, the City Government of Muntinlupa was honored with the Steward for Waterways Sustainability Award, according to a Manila Bulletin news report. Muntinlupa is notably the only local government unit (LGU) in the National Capital Region (NCR) to receive the award.

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

The Muntinlupa City government, through its Lake Management Office (LMO), was recognized with the Steward for Waterways Sustainability Award for its support and implementation of the Adopt-An-Estero and Waterbody Program in 2025.

The Department of Environment and Natural Resources–Environmental Management Bureau in the National Capital Region (NCR) conferred the award on the city government in recognition of its efforts to care for, maintain, and rehabilitate rivers, esteros, and other waterways.

Muntinlupa is the only local government unit in the NCR to receive the award, the city government announced.

“This is our strongest proof na sineseryoso natin ang pag-aalaga sa mga ilog, estero, at iba pang waterways sa lungsod, lalo na’t malaking bahagi ng Muntinlupa ay katabi ng Laguna Lake, na konektado rin sa Manila Bay (This is our strongest proof that we take the care of rivers, estuaries, and other waterways in the city seriously, especially since a large part of Muntinlupa is adjacent to Laguna Lake, which is also connected to Manila Bay),” Mayor Ruffy Biazon said.

Let me end this post by asking you readers: What is your reaction to this recent development? If you are a resident of Muntinlupa City, are you happy with the award the City Government won? Do you think clearing up the esteros will reduce the risk of flooding 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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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 at https://www.instagram.com/authorcarlocarrasco

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

American Investors To Explore Mega Infrastructure, Energy Deals And Other Opportunities In The Philippines

American Investors To Explore Mega Infrastructure, Energy Deals And Other Opportunities In The Philippines

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Several business executives and investors from the United States are set to visit the Philippines next week to explore investment opportunities in the nation’s infrastructure sector, energy sector, and more, according to a news report by the Manila Bulletin. The American investors will engage with their Filipino counterparts during the planned 5-day trade mission.

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

More than 25 American business executives and investors will visit the country next week for a business mission as the United States (US) seeks to deepen its economic ties with the Philippines, which recently secured upper-middle-income status.

In a statement, the Department of Trade and Industry (DTI) said the US business delegation would mount a five-day trade mission across major economic areas in the Philippines from July 6 to 10.

The delegation includes business leaders and investors from the Northeast and Midwest regions of the US. The mission is organized by the DTI’s Philippine Trade and Investment Center (PTIC) in New York and the Philippine Consulates General in New York and Chicago.

The DTI said the business mission aims to strengthen economic ties between the two longtime trade partners while also encouraging US companies to invest more in the country’s growing economy.

Based on the latest country income classifications of the World Bank, the Philippines has moved up from lower-middle-income to upper-middle-income status. This was based on the country’s gross national income (GNI) per capita estimate for 2025, which reached a record $4,850.

The DTI noted that the upcoming visit also comes at a time when the Philippines is actively positioning itself as a key partner for US companies looking to expand in Asia.

During the business mission, the US delegation will meet with Philippine government leaders and local business owners to explore business, tourism, and investment opportunities.

The US business leaders will also attend business meetings, informational briefings, and tours of key economic areas in Manila, Clark, Subic, and Corregidor.

Let me end this piece by asking you readers: What is your reaction to this development? Do you see a promising future between the United States and the Philippines when it comes to economics and investment under the leadership of US President Donald Trump? Are you convinced the corruption within the Philippines is no longer a turn-off for American investors?

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 Philippines Domestic Tourism Program Launched With Over 3,000 Travel Deals

New Philippines Domestic Tourism Program Launched With Over 3,000 Travel Deals

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In what is clearly a serious attempt by the Department of Tourism (DOT) to boost domestic tourism a lot, the new program Discover More To Love was recently launched with more than three thousand travel deals from varied hotels, tour operators and airlines, according to a news report by the Manila Standard.

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

The Department of Tourism (DOT) launched a new campaign offering more than 3,000 travel deals from hotels, tour operators, and airlines to boost domestic travel during off-peak months and support local businesses.

The campaign, named “Discover More to Love,” runs from July to November 2026 to stimulate year-round travel, sustain bookings, preserve jobs, and strengthen local economies during the industry’s traditional lean period.

The initiative serves as an extension of the country’s official tourism brand, “Love the Philippines,” rather than a replacement.

Travelers can access discounts of up to 70 percent from more than 70 hotels and resorts through the Hotels Sales and Marketing Association. The campaign also features more than 250 nationwide travel packages alongside discounted fares from carriers Philippine Airlines, Cebu Pacific, AirAsia Philippines, and Sunlight Air.

Online platforms AirAsia MOVE and Klook are providing exclusive deals, while Mastercard offers special payment privileges for cardholders. Travelers can access the promotional room packages, staycation deals, dining credits, and flexible booking options directly through the department’s enhanced website at http://www.tourism.gov.ph.

Tourism Secretary Dita Angara-Mathay said the agency wants to evolve the initiative through feedback from travelers and industry partners.

Let me end this post by asking you readers: What is your reaction to this recent development? Do you support the DOT’s renewed focus on domestic tourism?

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

Philippines At Risk Of Losing Ground In Global Supply Chain

Philippines At Risk Of Losing Ground In Global Supply Chain

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If the Philippines fails to address the high costs of energy and the ongoing corruption connected with infrastructure projects, it could lose ground in global supply chains, according to a news report by BusinessWorld.

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

THE PHILIPPINES risks losing ground in global supply chains unless it addresses high energy costs and unresolved corruption issues surrounding infrastructure projects, which continue to weigh on investor sentiment, according to UK-based risk intelligence firm Verisk Maplecroft.

“The Philippines’ biggest infrastructure challenge is its relatively high cost of energy, which has been exacerbated by the Hormuz crisis,” Laura Schwartz, a senior Asia analyst at Verisk Maplecroft, said in an e-mailed reply to BusinessWorld.

“Following the onset of the crisis, there was some movement in fast-tracking renewable energy projects, but more will be needed,” she added.

The Philippines, which sources at least 90% of its oil supply from the Middle East, has been one of the most affected by the global oil crisis.

Ms. Schwartz also said last year’s corruption scandal — which linked state officials and contractors in substandard or nonexistent flood control projects — may deter companies that are seeking to diversify their supply chains from investing in the Philippines.

“High-profile governance issues, particularly the widespread public works corruption allegations and political jockeying, are one of the top factors leading to investor hesitation in the near term,” she said.

In its 2026 Supply Chain Risk Outlook, Verisk Maplecroft identified the Philippines, Thailand, Argentina, Chile, and Uruguay as “rising stars” in the global supply chain.

“Relative to the established hubs, these ‘rising stars’ offer different mixes of sector capability, market openness, regulatory strengths, and labor-risk trajectories for organizations looking to realign their supply chains,” it said in the report released on June 23.

“The businesses that move first — screening these markets now, building supplier relationships before demand spikes, and stress-testing entry strategies against external risk data — will find themselves better positioned to act when faced with disruptive geopolitical realignment, trade restrictions, or conflict outbreaks,” Verisk Maplecroft said.

A third of the world’s busiest ports and airports are vulnerable to disruption amid ongoing geopolitical conflicts, environmental challenges, and domestic security threats, the firm noted.

The closing of the Strait of Hormuz has created near-term headwinds for the Philippines and Thailand, Verisk Maplecroft said.

Despite this, “procurement teams willing to take a longer-term view will find these markets worth their attention,” the company added.

The report cited the Philippines’ strong potential in the global supply chain due to improvements in its market openness, its competitive labor costs, and its young, English-fluent workforce.

“The Philippines performs second-best across the Southeast Asian economies analyzed due to significant improvement in our market openness pillar,” it said.

“Despite lower infrastructure quality and governance challenges, including recent corruption scandals, the Philippines shows notable opportunities in sectors like electronics, auto parts, and food manufacturing,” Verisk Maplecroft said.

Other Southeast Asian economies assessed in the report were Singapore, Cambodia, Indonesia, Malaysia, Vietnam, Thailand, and Myanmar.

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 has the will to resolve high energy costs and the ongoing corruption on infrastructure projects? Do you think the Philippines could get more affordable oil from places other than the Middle East?

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

Higher Departure Tax And Visa Fees In Japan Implemented

Higher Departure Tax And Visa Fees In Japan Implemented

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Since July 1, the departure tax in Japan has been raised significantly covering both Japanese and foreign travelers in what is clearly a move to fund measures against the rising number of issues related with the surge of inbound tourism, according to a news report by Kyodo News. At the same time, visa fees were also raised dramatically.

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

The Japanese government on Wednesday tripled the departure tax to 3,000 yen ($18) per person to fund measures against issues arising from the surge in inbound tourism.

Fees for foreigner visitors who need visas to enter Japan were also hiked on Wednesday, rising fivefold to 15,000 yen for single-entry and 30,000 yen for multiple entries. Meanwhile, on the same day, the government reduced passport application fees for Japanese nationals to make up for the added burden from the departure tax.

The tax is collected through travel ticket purchases, regardless of the passenger’s nationality. The government will use the tax income primarily to finance measures aimed at easing congestion, such as setting up designated areas at popular photo spots that are often crowded with foreign tourists.

It will also support regional tourism initiatives, such as turning local railways into tourist attractions and renovating station buildings, in an effort to attract visitors away from heavily congested areas.

Travelers transiting through Japan and staying less than 24 hours in the country, as well as children under the age of 2, are exempt from the tax. Passengers who purchased their travel tickets by Tuesday were charged the original departure tax of 1,000 yen.

Known officially as the international tourist tax, it raised about 49 billion yen in fiscal 2025 ended March and is expected to generate around 130 billion yen in fiscal 2026.

The tax is collected by airlines, cruise lines and travel agencies upon purchase of air and sea tickets departing Japan and remitted to the government, according to the Japan Tourism Agency.

The hike in entry visa fees was the first increase since 1978.

Foreign Minister Toshimitsu Motegi said earlier the fees were raised to reflect inflation and the yen’s depreciation, and that the move is not expected to have an immediate impact on inbound tourism.

Japan’s visa fees had been considered low compared with those charged by other Group of Seven countries.

Let me end this piece by asking you readers: What is your reaction to this development? What can you say about the hiked fees regarding Japanese visa and the departure tax? Do you plan to visit Japan very soon?

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

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