Manila Bulletin – Author Carlo Carrasco

Philippines Among The Weakest In ASEAN In Credit Card Penetration

July 21, 2026July 16, 2026carlocarrasco

When it comes to credit card penetration within the Association of Southeast Asian Nations (ASEAN), the Philippines is still among the weakest as the number of adult Filipinos who own credit cards remains very low, according to a Manila Bulletin news report.

Be reminded that the Philippines is experiencing weak economic growth, high inflation, and has been weak when it comes to attracting foreign direct investment.

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

Only three percent of adult Filipinos own credit cards, placing the country among the laggards in the Association of Southeast Asian Nations (ASEAN), with the gap most pronounced compared to advanced Asia-Pacific economies.

In Asian emerging markets (EMs), the Philippines trails only Cambodia’s one percent and Bangladesh’s two percent, Visa Business and Economic Insights noted in a report last Tuesday, July 14, citing the 2024 update of the World Bank’s Global Findex Survey.

Meanwhile, the country was outpaced by seven other Asian EMs, including India (five percent), Indonesia and Vietnam (both six percent), Sri Lanka and Thailand (both eight percent), Malaysia (13 percent), and China (46 percent).

This low penetration drives Filipinos to rely heavily on informal and unregulated lending alternatives, which do not help build formal credit histories.

“Across markets such as India, the Philippines, and Indonesia, borrowing from family, moneylenders, or gold-backed loans is widespread due to ease of access and familiarity,” read the report authored by Visa principal Asia-Pacific economist Simon Baptist and Asia-Pacific economist Minakshi Barman.

Meanwhile, advanced Asia-Pacific economies have mature financial systems, with credit card penetration rates reaching nearly three-fourths of adults aged 15 and above. Hong Kong had the highest penetration rate at 72 percent, followed by Japan at 70 percent, South Korea at 68 percent, Taiwan at 64 percent, New Zealand at 57 percent, Australia at 51 percent, and Singapore at 42 percent.

Let me end this post by asking you readers: What is your reaction to this recent development? Do you know anyone in your local community who successfully secured credit cards over the past six months? Do you have friends who already applied for credit cards? What do you think Filipinos are most afraid of when it comes to using credit cards? Do you think the weakening economic growth of the Philippines will discourage Filipinos from applying for credit cards?

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

Police Arrest Suspect And Seize Illegal Substance Worth Over P1 Million In Parañaque City

July 20, 2026July 15, 2026carlocarrasco

Recently in the City of Parañaque, local police officers apprehended a high-value individual and seized illegal substances worth over P1 million, according to a Manila Bulletin news report.

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

A high-value individual (HVI) was arrested and more than P1 million worth of suspected shabu was seized during a buy-bust operation conducted by the Parañaque City Police early Monday, July 14.

Parañaque City Police Chief Col. Nicolas Pinon identified the suspect only by his alias “Jojie,” 27, who was apprehended at around 12:20 a.m. along Los Angeles Street in Barangay San Dionisio, Parañaque City.

Pinon said operatives of the Station Drug Enforcement Unit (SDEU) launched the operation after receiving information that the suspect was allegedly engaged in the illegal drug trade and had been classified by the police as a high-value individual operating in the city.

During the operation, an undercover police officer successfully purchased suspected shabu from the suspect.

After the transaction was completed, the arresting team immediately converged on the area and arrested “Jojie.”

Confiscated from the suspect were several heat-sealed sachets and knot-tied plastic bags containing about 150 grams of suspected shabu with an estimated standard drug price of P1,020,000, a black pouch, the marked buy-bust money, and other pieces of evidence.

The seized items were turned over to the Parañaque City Police Station for proper documentation and laboratory examination, while the suspect was placed under police custody pending the filing of charges.

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 city a hot spot for illegal drug trading and smuggling?

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

Housemaid Arrested In Muntinlupa City For Qualified Theft

July 19, 2026July 14, 2026carlocarrasco

Recently in the city of Muntinlupa, a housemaid was apprehended by the local police for stealing and pawning the jewelry of her employer, 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…

Police arrested a 43-year-old housemaid in Muntinlupa after she allegedly stole jewelry worth more than P180,000 from her employer’s home in an exclusive subdivision.

The suspect, identified only as alias Janice, a resident of Balayan, Batangas, worked for a jewelry shop owner at her residence in Alabang Hills Village, Barangay Cupang.

Authorities said Janice is facing seven counts of qualified theft under Article 310 of the Revised Penal Code after her employer, alias Maricor, traced missing jewelry items to a pawnshop.

During an inspection of the suspect’s belongings, Maricor found a pawnshop receipt for a gold necklace valued at P12,571, which she identified as hers.

Police later verified that seven jewelry items worth P90,315 — including necklaces, rings, earrings, and pendants — had been pawned under Janice’s name.

The stolen items were recovered, but other valuables amounting to P94,145 –including a diamond ring, a necklace with a diamond and emerald pendant, a wristwatch, and a bracelet — remain missing.

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 concerned that house helpers could steal your valuables? Do you think the victim will be able to find and recover the missing jewelry worth over P94,000?

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 Remains Vulnerable To Effects Of US-Iran War And Is One Of The Least Resilient In The Asia Pacific Region

July 18, 2026July 14, 2026carlocarrasco

When it comes to resilience to the effects of the war between the United States and the Islamic terrorist regime of Iran, the Philippines remains not only vulnerable but also one of the laggards of the Asia Pacific region as a whole, according to a news report by the Manila Bulletin.

Be reminded that the Philippines is experiencing weak economic growth, high inflation, and has been weak when it comes to attracting foreign direct investment. Already S&P Global slashed GDP growth forecast for the Philippines.

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

Asia-Pacific’s (APAC) relative insulation from the Middle East conflict has singled out the Philippines and Indonesia as laggards as external headwinds are exacerbated by domestic turmoil, according to Allianz Research.

Allianz Research said in its half-time outlook report published last week that despite emerging as one of the regions most exposed to the United States (US)-Iran conflict, APAC is still seen as relatively resilient, with average growth of 4.3 percent this year.

This resilience is attributed to the artificial intelligence (AI) boom, which is “doing the heavy lifting that geopolitics and fiscal policy cannot.”

“However, gains are far from evenly shared, with a group of winners emerging, including countries such as Taiwan, Singapore and South Korea, while countries such as the Philippines and Indonesia lag as domestic turmoil compounds exposure to the conflict,” Allianz said.

Apart from the technology surge, the report also pointed to Asia’s role as a global engine of commerce. “In 2026, 80 percent of global trade volume growth in goods and services is driven by Asia and the US,” the report said.

However, this dominance faces fresh challenges from shifting American trade policies. Allianz warned that the shift in US policies “is expected to negatively affect Asian countries in particular,” as the US effective tariff rate is projected to rise from eight percent to 13 percent.

According to Allianz, the region’s resilience hinges on the booming technology sector. It said the AI boom, which has been driving nearly two-thirds of Asia’s export growth, is helping “cushion” the global economy from the impact of the Middle East crisis.

This AI boom is broadening Asia’s recovery beyond traditional manufacturing, with major semiconductor firms in Taiwan and South Korea leading regional market gains.

By contrast, the Philippines and Indonesia are struggling with the lingering consequences of energy shocks.

“Despite recent developments toward normalization in the Gulf, we expect inflation to remain elevated in the near term as second-round effects from elevated fuel, energy and fertilizer prices keep weighing on the region,” Allianz said.

Let me end this post by asking you readers: What is your reaction to this recent development? What do you think the Philippines should do in order to become more resilient to the effects of the war between America and the Islamic terrorist regime of Iran? Do you think the national government has been working to improve oil storage capacity, attract more foreign investors and rely less on the Middle East for importing oil? Do you think the Philippines will reach out to the Islamic terrorist regime of Iran to make an economic deal?

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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Illegal Gun Seller Arrested In Parañaque City

July 17, 2026July 13, 2026carlocarrasco

Recently in the City of Parañaque, local police officers successfully pulled off an entrapment operation that resulted in the apprehension of an illegal gun seller, according to a news report by the Manila Bulletin.

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

A 26-year-old man was arrested in an entrapment operation by the Parañaque City Police Station against the illegal sale of firearms on Saturday, July 11.

Parañaque CPS chief Col. Nicolas Pinon identified the arrested suspect only as “Joeveiynio,” 26, a resident of Barangay San Dionisio, Parañaque City. He was apprehended at about 11:50 p.m. along Meliton Street in Barangay San Antonio.

During the operation, the suspect allegedly presented an undocumented caliber .38 revolver for sale to a poseur-buyer, prompting the backup team to move in and arrest him. However, his alleged accomplice, identified only as “Jason,” escaped and is now the subject of a follow-up operation.

Members of the Parañaque City Police Intelligence Section launched the entrapment operation after receiving information from a confidential informant that the suspects were allegedly involved in the illegal sale of firearms. Police seized the recovered firearm as evidence.

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 concerned that the city itself has many loose firearms? Do you think there could be more illegal sellers of guns 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

Troublesome Chinese National Arrested In Parañaque City Food Hub

July 16, 2026July 12, 2026carlocarrasco

Recently in the City of Parañaque, a Chinese national who caused trouble and damaged several items inside a food hub was arrested by local police officers, according to a news report by the Manila Bulletin.

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

A Chinese national was arrested after allegedly causing a disturbance at a food hub in Parañaque City while searching for a person he intended to confront, causing panic among customers on Saturday, July 11.

The Southern Police District (SPD) identified the suspect as “Guo,” 34, a resident of Barangay Tambo, Parañaque City. He was arrested at around 9:41 p.m. inside a Pares Hub along Quirino Avenue in Barangay Tambo.

Authorities said Guo entered the establishment shouting and behaving aggressively while looking for a person he wanted to confront, alarming customers and employees.

They added that the suspect’s unruly behavior damaged several items inside the food hub, prompting the management to temporarily stop operations and close the establishment early. Police officers patrolling the area noticed the commotion and arrested the suspect to restore order.

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 there could be several more Chinese nationals living in local communities? When was the last time you witnessed an incident involving Chinese nationals?

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

110,508 Muntinlupa Students Are Beneficiaries Of Local Scholarship Program

July 14, 2026July 8, 2026carlocarrasco

More than one hundred ten thousand students of Muntinlupa are officially beneficiaries of the local scholarship program which continued to expand, according to a news report by the Manila Bulletin.

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

A total of 110,508 students are now beneficiaries of the Muntinlupa City government’s scholarship program, Mayor Ruffy Biazon announced.

He said the city’s guiding principle is that “no child should be left behind,” noting that the program continues to expand alongside the annual Free Back to School Package.

“Bukod sa taun-taong Libreng Balik Eskwela Package para maging handa ang mga estudyante sa school, patuloy pang pinalalawak ang scholarship program para mas marami ang makinabang (So aside from the annual Free Back to School Package to get students ready for school, the scholarship program is continuously expanding so that more people can benefit),” Biazon said.

He added that the number of scholars is more than twice the maximum capacity of the Philippine Arena, regarded as the largest indoor arena in the world.

This year, the city government allotted P600 million for scholarships covering learners from Grade 1 to post graduate levels.

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 satisfied with the current state of education in the city? Do you approve of the local scholarship program?

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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Foreigner Arrested In Las Piñas City For Assaulting Filipina Partner

July 9, 2026July 3, 2026carlocarrasco

Recently in the City of Las Piñas, a male Korean national was apprehended after assaulting his Filipina partner, according to a news report by the Manila Bulletin.

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

A Korean man was arrested in Las Piñas City on Wednesday, July 2, after allegedly assaulting his Filipina partner during an argument sparked by a video discovered on his mobile phone.

Las Piñas Police chief Col. Fermin Armendarez identified the suspect only as “Sowi,” 39, residing in BF Resort, Barangay Talon Dos.

Armendarez said the 24-year-old victim confronted the suspect after discovering a video on his mobile phone showing him with another woman inside a hotel.

The confrontation escalated into a heated argument, during which the enraged suspect repeatedly slapped the victim.

Police said the victim attempted to flee, but the suspect allegedly chased her and repeatedly struck her on the head with his mobile phone.

Concerned residents who witnessed the incident immediately sought assistance from barangay watchmen who arrested the suspect. He was turned over to the Las Piñas Police Substation 4.

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? When was the last time a foreigner assaulted a woman 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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Muntinlupa City Honored With Steward for Waterways Sustainability Award

July 6, 2026June 30, 2026carlocarrasco

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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Excavation Site Collapse In Las Piñas City Claims Two Lives And Injures One

July 5, 2026June 29, 2026carlocarrasco

Recently in Las Piñas City, an excavation site collapse in Barangay Pamplona Dos resulted in the deaths of two construction workers while injuring one other, according to a Manila Bulletin news report. The excavation was done as part of a Maynilad project.

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

Two construction workers were killed and another injured after an excavation site for a Maynilad project collapsed on Sunday afternoon, June 28, in Las Piñas City.

Las Piñas Police Assistant Chief of Operations Lt. Col. Teoson Rosarito reported that the incident occurred at around 2:52 p.m. at the corner of Aquarius and Libra Streets in Pamplona Park Subdivision, Barangay Pamplona Dos.

Initial investigation revealed that five workers were conducting excavation for a Maynilad pump station when the concrete shaft at the lower portion of the 18-meter-deep site suddenly gave way, trapping several workers. Three were buried under soil and debris, while two managed to escape.

Rescue teams from the Las Piñas City Disaster Risk Reduction and Management Office (CDRRMO) and the Bureau of Fire Protection immediately launched retrieval operations.

One trapped worker was rescued and rushed to Christ the King Hospital with serious injuries. The two others were recovered lifeless from the site.

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? Was there an excavation done at your local community for a Maynilad project?

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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