Investagrams – Page 33 – Author Carlo Carrasco

ADB sees Philippine economy growing by 5.6% this year

August 1, 2025July 24, 2025carlocarrasco

By pointing to a variety of factors, the Asian Development Bank (ADB) recently announced that the economy of the Philippines will grow by 5.6% this year, according to a news article by the Philippine News Agency (PNA). The ADB recently released its latest economy report.

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

The Philippines is expected to post the second highest economic growth in Southeast Asia this year despite the downgrade in growth outlook due to external headwinds, a report released by the Asian Development Bank (ADB) showed.

In its Asian Development Outlook July 2025 report released on Wednesday, the ADB said Philippine economic growth is expected to settle at 5.6 percent this year.

The growth outlook for the Philippines is the second highest in Southeast Asia, next to Vietnam’s 6.3 percent. Indonesia is projected to grow by 5 percent, Malaysia by 4.3 percent, Singapore by 1.6 percent, and Thailand by 1.8 percent.

For 2026, growth is expected to slightly pick up to 5.8 percent.

The ADB’s latest projection, however, was lower than its 6 percent for 2024 and 6.1 percent for 2025 economic growth forecast amid external headwinds. The Philippine economy grew by 5.4 percent in the first quarter of the year.

“Domestic demand grew 6.7 percent, supported by easing inflation and monetary policy. However, net exports dragged on growth as brisk imports outpaced exports,” the ADB said. It added that manufacturing index (PMI) recovered slightly to 50.7 in June from 50.1 in May.

“Consumer sentiment was positive in the near term. Unemployment was low at 3.9 percent in May, and remittance growth of 3.0 percent helped sustain household spending,” it said.

The ADB, however, said that business confidence softened amid heightened global policy uncertainties.

According to the ADB, economic forecasts for most countries in Southeast Asia have been downgraded for 2025 and 2026 due to the continuing global growth slowdown and increased trade uncertainty.

“Weaker external conditions have hurt business and consumer sentiment and threaten to disrupt investment in the subregion,” it said.

“Except for Indonesia, the largest economy in the subregion, all Southeast Asian economies are expected to post weaker growth in the next two years.”

Let me end this post by asking you readers: What is your reaction to this recent development? Do you think it is still possible for the economy of the Philippines reach 6% GDP growth by the end of 2025?

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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Department of Finance (DOF) says 6% economic growth is quite difficult to achieve this year

July 31, 2025July 23, 2025carlocarrasco

The uncertainty about this year’s economic growth for the Philippines has gotten stronger as the Department of Finance (DOF) admitted that achieving 6% growth is quite difficult, according to a Manila Bulletin news report. The DOF pointed to external shocks that are affecting the national economy.

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

While the Philippine economy has already been recovering from its deep recession during the height of the Covid-19 pandemic, hitting its growth potential of six percent would be challenging given the global uncertainties spilling over domestically, according to the Department of Finance (DOF).

“We do think that the potential of the Philippines is at the minimum six-percent growth. But of course, it’s quite difficult, especially knowing some of the challenges that we’re seeing,” DOF Undersecretary and Chief Economist Domini Velasquez told reporters during the Philippine thrift banks’ annual convention on Tuesday, July 15.

Just before the initial three-month pause on reciprocal tariffs ended on July 9, United States (US) President Donald Trump had stretched it to Aug. 1, but hiked the rates for Philippine exports to 20 percent from 17 percent previously, repeatedly citing the “significant and persistent trade deficit” that the trade giant has with its former colony.

Velasquez noted that the tariff hike was among the uncertainties that the Cabinet-level Development Budget Coordination Committee (DBCC) had considered in downscaling its growth target for the year, through 2028.

Last month, the economic team slashed its 2025 GDP growth target to between 5.5 percent and 6.5 percent from six- to 6.5-percent previously. Cited as factors were heightened external uncertainties, especially the ongoing conflicts in the Middle East and the imposition of US tariffs.

Finance Secretary Ralph G. Recto told reporters during an informal press chat on Wednesday, July 16, that he expects the economy to accelerate “significantly” in the second quarter compared to the previous quarter.

“In effect, the target is still six percent for the year,” Recto noted, taking off from the recently revised growth goal. “Realistically, it’s probably around 5.7 percent or 5.8 percent for the year. It depends, because there’s a lot of uncertainty—uncertainty with trade policy.”

“But I think the second quarter will definitely be better than the first,” Recto said, noting that the improvement will be driven by both government and household consumption.

The DBCC had also narrowed the growth target range for 2026 to 2028 to six to seven percent, from the previously more ambitious six to eight percent.

“We did recognize those [tariffs]. When we dialed down on our growth target in 2025, it’s really because of the external factors that we were seeing,” Velasquez said.

Let me end this post by asking you readers: What is your reaction to this recent development? Do you think the national economy is not strong enough to achieve 6% GDP growth by the end of this year? What do you think the national government should do to strengthen economic growth and make the Philippines more attractive to foreign investors? Do you think the Philippines still has a chance to convince America to lower its planned tariff on Philippine-made goods?

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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Parañaque Congressman Yamsuan tells graduates there is nothing wrong with starting at the bottom

July 31, 2025July 24, 2025carlocarrasco

Recently in Parañaque City, the 2^nd District Representative Brian Yamsuan told the newest graduates of Parañaque City College (PCC) not to be ashamed of starting at the bottom, according to a Manila Bulletin news report. He tried to inspire many during PCC’s graduation rites.

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

Don’t be ashamed of starting at the bottom.

Parañaque City 2nd district Rep. Brian Raymund Yamsuan gave this message to this year’s graduating batch from the Parañaque City College (PCC) as they try to transition from learners to workers.

Yamsuan recalled how in all the jobs he undertook before he became a government official–from being a fastfood restaurant worker and a taxi driver, to being a young Senate staff member doing menial tasks–he always did his best, and kept in mind that no task is too small or beneath him.

“I had the mindset that the way we do the small things says a lot about how we will handle bigger things,” Yamsuan said in his speech before the PCC Class of 2025 during the school’s recognition rites held on July 21.

“And so, when you enter the workforce and perhaps starting at the very bottom, approach every role with respect, gratitude, and the willingness to grow. Humility is the first step to becoming better. Kung magsimula kayo sa baba, huwag kayong mahiya (If you start at the bottom, don’t be ashamed of it),” he added.

Yamsuan underscored the importance of humility, compassion, and integrity in shaping the character and actions of today’s youth.

“Let humility be your foundation, to keep you grounded and always learning. Let compassion be your compass, guiding how you treat others. And let integrity be your anchor, reminding you who you are, no matter how far you go,” he said.

In a world that prioritizes speed and competition, Yamsuan told graduates to never forget the power of kindness and compassion in positively changing people’s lives and creating an impact that goes beyond profits and success.

“In whatever job you decide to do, let compassion lead you to serve others,” Yamsuan said. “In whatever field you choose to pursue, never lose sight of why you’re there: the people.”

As a public servant, Yamsuan said compassion is at the core of everything he does—from crafting laws, policies and programs to engaging directly with the people to understand their hopes and daily struggles.

Let me end this post by asking you readers: What do you think about this recent development? If you are a resident of Parañaque, do you think today’s newest batch of college graduates have a lot of challenges to face as they hunt for available jobs? Do you find Congressman Yamsuan’s message to PCC graduates inspiring?

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

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

CIDG seizes P121.4-M substandard Apple products and arrests two suspects in Parañaque City

July 30, 2025July 22, 2025carlocarrasco

Recently in Parañaque City, elements of the Criminal Investigation and Detection Group (CIDG) seized more than P120 million worth of substandard Apple products and arrested two suspects, according to a Philippine News Agency (PNA) news article.

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

Operatives of the Criminal Investigation and Detection Group (CIDG) arrested two individuals and seized substandard Apple products worth PHP121.4 million in Parañaque City.

In a statement on Monday, CIDG acting chief Brig. Gen. Romeo Macapaz said the suspects “Crissa” and “Charles” were caught in the act of selling assorted Apple products such as iPhone, Apple Watch and accessories without the required clearance from the National Telecommunications Commission (NTC) and registration from the Department of Trade and Industry (DTI), during the operation in a residential compound in Barangay Tambo on July 19.

This act violates Articles 18 and 50 of Republic Act 7394 or the Consumer Act of the Philippines, in relation to Section 2 of NTC Memorandum Circular 08-08-2004A.

The CIDG seized nine boxes of Apple iWatches (225 units), 14 boxes of MagSafe chargers (531 units), 92 boxes of AirPods (4,580 units), including seven boxes of charger adaptors (2,652 units), 37 boxes of charger sets (6,664 units), 18 boxes of iPhone accessories (1,033 units), one box of car chargers (70 units), 10 boxes of charging cords (1,740 units), two boxes of handheld fans (87 units), three boxes of hair dryers (77 units), three boxes of Beats Solo headphones (126 units), one unit of iPhone 16, and one box of earphones (110 units) with estimated market value of PHP121.47 million.

Let me end this post by asking you readers: What do you think about this recent development? If you are a resident of Parañaque, do you consider the selling of substandard technology products a major problem in the city? Who do you think is responsible for the many substandard products of Apple that entered 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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Chinese nationals arrested in Cavite, two women rescued

July 29, 2025July 19, 2025carlocarrasco

Recently in the province of Cavite, elements of the Bureau of Immigration’s (BI) fugitive search unit arrested three Chinese over varied violations and rescued two women who were held against their will, 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…

A Chinese national, who is allegedly linked to illegal drugs activities and human trafficking, has been arrested in Cavite by agents of the Bureau of Immigration Fugitive Search Unit (BIFSU).

BIFSU Chief Rendel Ryan Sy identified the suspect as Jin Tian, 26, who was arrested in his residence in General Trias City last July 15.

During the operation in coordination with the Philippine Drug Enforcement Agency (PDEA) and the Philippine Navy, two women allegedly held against their will were rescued, Sy said.

At the same time, Sy said that two other male Chinese nationals were arrested during the operation. They were identified as Sun Yong, 36, and Liu Zhiwei, 33. Sun was found by PDEA operatives to be in possession of a substance believed to be shabu and drug paraphernalia.

Sy also said that the three Chinese nationals were found to be overstaying aliens for failure to present any valid immigration documentation. Also, Jin was found to have two derogatory records for overstaying.

Let me end this post by asking you readers: What is your reaction to this recent development? Are you concerned that there could be more Chinese fugitives as well as overstaying fugitives hiding in your local community?

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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Two Men Arrested in Parañaque City Over Theft of Electrical Materials and Plumbing Fixtures

July 29, 2025July 21, 2025carlocarrasco

Did you notice any faucets or wires missing in your household lately? Recently in Parañaque City, two men were arrested over the theft of faucets and wires from a private residence located in Barangay Sto. Niño, according to a Daily Tribune news report. The suspects attempted to escape.

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

Two men were arrested early Sunday, 20 July, after allegedly stealing electrical materials and plumbing fixtures from a private residence along Ninoy Aquino Avenue, Barangay Sto. Niño, Parañaque City.

The suspects, both unemployed and residents of Sitio Libijo, were identified as 25-year-old alias “Rowel” and 22-year-old alias “Jasper.”

Both were caught around 1:30 a.m. while security officers were conducting routine patrols. Authorities said the suspects were carrying a white sack and attempted to escape but were quickly apprehended.

A search of their belongings yielded 18 water faucets valued at around P135,000, two regulator gauges worth P7,000, three rolled royal cords valued at P5,000, and a gray wire.

Let me end this post by asking you readers: What do you think about this recent development? If you are a resident of Parañaque, did you notice anyone stealing wires and faucets in your local community 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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New Evacuation Facility in Barangay Talon Uno, Las Piñas City Inaugurated

July 28, 2025July 18, 2025carlocarrasco

Recently in the City of Las Piñas, the newest evacuation facility located in Barangay Talon Uno was formally inaugurated with the presence of Mayor April Aguilar, Vice Mayor Imelda Aguilar and other local officials, the City Government announced via social media.

To put things in perspective, posted below is an excerpt from the social media post of the City Government. Some parts in boldface…

The Las Piñas City Government inaugurated a newly constructed two-storey evacuation facility in Golden Acres Subdivision, Talon Uno on Thursday, July 17, as part of its continuing efforts to strengthen local disaster preparedness and public safety.

Mayor April Aguilar and Vice Mayor Imelda Aguilar led the inauguration ceremony, which included the blessing of the facility. Funded through the City Disaster Risk Reduction and Management Office (DRRMO), the project is located along Marcos Alvarez Avenue, near the Las Piñas High School Annex.

With a total floor area of 73.343 square meters, the facility features basic amenities to accommodate residents during emergencies. The ground floor includes male and PWD-friendly comfort rooms with shower areas, a kitchen, a vacant space, and a stage. The second floor houses female comfort rooms with shower areas and a wash area.

City officials said the evacuation center will serve as a safe and accessible refuge for families in times of calamity.

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 think there is a possibility that another evacuation center will be built by the City Government in your local community.

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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Woman Arrested in Parañaque City for Deceiving Job Applicant, Accomplice Still at Large

July 27, 2025July 18, 2025carlocarrasco

Have you been very careful when applying for a job overseas? Recently in Parañaque City, a woman who deceived an applicant over an overseas job got arrested as a result of a successful entrapment operation by the local police, according to a Manila Bulletin news report.

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

A woman who conned an applicant for a job in the Netherlands and Japan was arrested by the Parañaque City Police in an entrapment operation on July 16.

The suspect was identified as Mary Joyce, 26, while her accomplice, Nellica, remains at large. She was arrested at around 5:20 p.m. along Quirino Avenue, Barangay Don Galo, Parañaque City.

The police said the victim, identified as Jennilyn, 29, reported that the suspects misrepresented themselves that they are connected with Dimension Manpower Agency Inc.

Jennilyn said the two promised her deployment in the Netherlands or in Japan on July 29 and asked for P175,000 as processing fee.

The victim also stated that when asked for an official receipt and update of her deployment, the suspects failed to provide any and instead demanded an additional P16,000 which prompted her to report to the police.

The police said the agency issued a certification notifying Jennilyn that the suspects are not connected with them, which led the police to conduct an entrapment operation.

The police immediately arrested Mary Joyce after receiving two P1,000 bills and 14 pieces of boodle money from the victim.

Let me end this post by asking you readers: What do you think about this recent development? If you are a resident of Parañaque, do you think that more scammers and fake job offers will multiply locally over the next six months? If you are looking for work in another country, do you do research first before applying with any agency?

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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Almost 750 senior citizens vaccinated for pneumonia in Las Piñas City

July 26, 2025July 17, 2025carlocarrasco

Recently in the City of Las Piñas, the vaccination drive held at SM Center Las Piñas saw almost seven hundred fifty senior citizens getting free vaccinations for pneumonia, the City Government announced via social media. Mayor April Aguilar personally attended the vaccination drive and met with the locals.

To put things in perspective, posted below is an excerpt from the social media post of the City Government. Some parts in boldface…

A total of 743 senior citizens received free pneumonia vaccines during the health drive organized by the City Health Office on Wednesday, July 16, at SM Center Las Piñas. The event, led by Mayor April Aguilar, is part of the city’s continuing effort to protect the elderly from respiratory illnesses.

Mayor Aguilar visited the venue and personally engaged with residents, expressing her gratitude for their participation and reiterating the city’s commitment to ensuring accessible and preventive healthcare for all. Also present was Dr. Juliana Gonzalez, head of the City Health Office, who addressed the attendees and highlighted the importance of pneumonia vaccination in preventing complications among older adults, especially those with pre-existing health conditions.

To ensure a smooth and safe process, participants were asked to bring their Senior Citizens ID, Vaccination Card (if previously vaccinated for pneumonia), and a Screening Form from their respective health centers. The City Health Office also reminded residents to be in good health on the day of vaccination, to maintain a five-year interval from their last pneumonia shot, and to eat beforehand and bring drinking water to help prevent post-vaccination reactions.

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 wish the City Government will soon organize a vaccination drive in your barangay?

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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Gangs of violent migrants attack Spaniards and other innocent people in Spain

July 25, 2025July 17, 2025carlocarrasco

Were you able to watch the news about gangs of violent migrants physically present in Spain who attacked Spaniards and other innocent people, and now act as if they have all the authority to take over local societies away from the citizens? This unfortunate development is only a part of a huge wave of migrant-led violence happening in other parts of Europe. Spain itself announced that it will grant residency and work permits each year for the next three years to about 300,000 migrants who are in the country illegally.

If you were not able to receive the news about the recent chaos, then I’m not surprised because the Islamo-Leftist mainstream news media outlets (the ones who favored illegal immigrants and open borders) refused to report the chaos in Spain when it first happened. The more conservative news outlets like Sky News Australia managed to report about it early and I encourage you to watch their news video below.

Now that you have seen the above news video, I encourage you to think very deeply about the many forms of danger that come with mass migration, multiculturalism, humanism and having a government that does not seem to prioritize its citizens when foreigners overwhelm the nation. Wherever you are located in, I encourage you to imagine what would happen to your country and your local community if ever a massive amount of foreigners entered your country as immigrants or as refugees.

Each and every nation has its own sovereignty, its own people, its own heritage and its own culture and sub-cultures to protect. If you are living with a government that does not care about citizens like yourselves, then you are in potential trouble already. Mass migration and violent foreigners could spark a riot and harm you and your family when you least expect it. You need to be careful, be vigilant and observe how your government deals with foreign migrants and the so-called refugees.

I myself never visited Spain but when I was in Italy and France more than twenty years ago, I personally discovered the culture and heritage of the Italians and the French in each visit. There were foreign tourists and some foreign workers here and there, but there were no violent migrant gangs back then. That being said, I enjoyed the peace of Italy and France and touring around was both enlightening and enjoyable. I also admired the way the Italians and the French local authorities managed their local societies.

Going back to what happened in Spain, I encourage you to watch Asmongold TV’s reaction video to Sky News Australia’s news video of the same topic. Watch and listen closely.

Let me end this piece by asking you readers: What is your reaction to this development? Is your government soft towards foreigners who are trying to trespass into your country? Is your government even making efforts to prevent foreign terrorists and foreign criminals from entering the country? How many applications for immigration and asylum does your government receive from foreigners each year? Is there anyone in your local community who blindly supports people to migrate into any country they want and later commit crime without being held accountable? Is your government doing enough to prioritize legal immigration over illegal immigration?

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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