Tag: Manila Bulletin

Chinese National Arrested in Parañaque City For Selling Illegal Drugs to Undercover Cop

Chinese National Arrested in Parañaque City For Selling Illegal Drugs to Undercover Cop

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Recently in the City of Parañaque, local police officers successfully organized a buy-bust operation that resulted in the arrest of a Chinese national who sold illegal drugs to an undercover cop, 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 was arrested after selling illegal drugs to an undercover police officer in a buy-bust operation that yielded around P357,000 worth of suspected shabu, ecstasy, cocaine, and marijuana in Parañaque City late Thursday, Aug. 20.

The suspect, identified as Tiger, 40, an online seller and resident of Clark Field, Pampanga, was nabbed at about 11:05 p.m. inside a unit at Marina Seaview Residences in Barangay Tambo.

The operation was conducted by operatives of the Southern Police District-Drug Enforcement Unit (SPD-DEU) in coordination with the Parañaque City Police after identifying Tiger as a high-value individual.

Police said an undercover officer posed as a buyer and completed a drug transaction with Tiger. Backup operatives immediately moved in and arrested the suspect following the transaction.

Police said they recovered four heat-sealed sachets containing approximately 50 grams of suspected shabu with an estimated value of P340,000.

Also seized were eight ecstasy tablets valued at P13,000, one sachet of suspected cocaine worth P3,100, and one sachet of suspected marijuana or kush valued at P900.

Police also confiscated the buy-bust money, an Android mobile phone, and a blue pouch allegedly used to keep the suspected illegal substances.

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 there could be more Chinese nationals who could be selling illegal substances in the city? Do you believe in the Parañaque Renaissance?

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

Thousands of Las Piñas City Residents Affected by Bad Weather Provided With Emergency Nutrition Services

Thousands of Las Piñas City Residents Affected by Bad Weather Provided With Emergency Nutrition Services

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Close to three thousand residents of Las Piñas City who were affected by the recent typhoon received emergency nutrition services by the City Government, 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…

The Las Piñas City government provided emergency nutrition services to 736 families or 2,886 individuals who sought shelter in evacuation centers following the recent typhoon.

Mayor April Aguilar said the city government would continue to ensure that the nutritional needs of vulnerable residents are addressed, particularly during disasters.

Aguilar said that during emergencies, the city government make sure that families, especially children, pregnant and lactating women, senior citizens, and persons with disabilities, continue to receive the nutrition support they need.

The Barangay Nutrition Cluster, composed of nutrition workers from several barangays, conducted Nutrition in Emergencies (NiE) interventions in various evacuation centers across the city.

The services included rapid nutrition assessment, micronutrient supplementation, Vitamin A distribution, infant and young child feeding counseling, breastfeeding kits, deworming tablets, iodized salt and complementary food distribution, and management of acute malnutrition.

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 the City Government is doing good enough to serve local residents whose lives were disrupted by natural disasters? Do you know anyone in the city who got trapped by flood?

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

Philippines Attracts FDI Worth $210 Million in May 2026

Philippines Attracts FDI Worth $210 Million in May 2026

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The Philippines, which hosted the summit of the Association of Southeast Asian Nations (ASEAN) and other related conferences, failed once again on attracting significant foreign direct investment (FDI) as the May 2026 FDI net inflow was counted at $210 million only making it the lowest in eleven years, 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…

Foreign direct investment (FDI) net inflows into the Philippines plunged to $210 million in May, the lowest monthly total in more than 11 years as global economic volatility and geopolitical tensions prompted foreign companies to delay capital commitments.

According to the latest data from the Bangko Sentral ng Pilipinas (BSP), released on Monday, Aug. 10, the May figure represents a 64.7 percent contraction from the level recorded in May 2025 and falls below the previous record low of $200.43 million seen in March 2015.

The sharp monthly drop dragged total net inflows for the first five months of 2026 to $2.18 billion, a 33.4 percent decline from the $3.27 billion recorded in the same period last year.

According to the BSP, the cumulative decline was “driven by lower foreign net investments in debt instruments and reinvestment of earnings, which more than offset the increase in net equity capital investments (other than reinvestment of earnings).”

The central bank added that this trend “reflected lower intercompany borrowings from foreign direct investors and reduced earnings retained for reinvestment during the period.”

Among its components, the primary driver of the May shrinkage was the sharp fall in net investments in debt instruments, which tumbled 92.1 percent to $35 million from $440 million a year earlier.

As of end-May, debt instruments—which “consist mainly of intercompany borrowing or lending between foreign direct investors and their subsidiaries or affiliates in the Philippines”—totaled $1.25 billion, dropping by nearly half from the $2.48 billion recorded in 2025.

This five-month performance follows a challenging 2025, during which annual net inflows plunged to $7.79 billion from $9.40 billion in 2024. The BSP forecasts inflows to clock in lower at $7 billion before rebounding to $8 billion in 2027.

Let me end this post by asking you readers: What is your reaction to this recent development? Do you think hosting the ASEAN Summit will lead the Philippines to economic miracles and stronger FDI in the near future?

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 Mayor Laments Dumping of Trash into Drainage Systems

Muntinlupa City Mayor Laments Dumping of Trash into Drainage Systems

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As personnel of the City Government of Muntinlupa worked hard unclogging the drainage systems, Mayor Ruffy Biazon lamented the dumping of trash into them which resulted in flooding in different parts of the city, 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 Mayor Ruffy Biazon lamented the dumping of trash into drainage systems, which contributes to flooding in various barangays.

Personnel from the Muntinlupa City government have been unclogging drainage systems in different areas.

Biazon said a tire was found in a drainage ditch on Narra Street in Lakeview, Barangay Putatan.

“Palaisipan talaga sa akin bakit sa aming declogging ng mga drainage sa iba’t ibang lugar sa Muntinlupa, may nakukuhang gulong na nakabara (It’s really a mystery to me why, when we declog drainages in various areas in Muntinlupa, we find tires),” he said.

He added that such obstructions are a major obstacle to the flow of water. The mayor has instructed the city’s Engineering Office to continue declogging operations.

However, he noted that because there are so many drainage systems, the Engineering Office cannot handle them all at once.

The mayor stressed the importance of barangay cooperation to ensure proper drainage flow.

“Hindi makakaila na ang basura ay may kontribusyon sa pagbaha. Kahit regular ang declogging pero patuloy pa rin ang walang pakundangan na pagkalat ng basura, mahihirapan tayong makamit ang efficient na pagdaloy ng ating drainage systems. Lahat tayo may responsibilidad sa pananatili ng kalinisan ng ating lungsod (It cannot be denied that garbage contributes to flooding. Even if declogging is done regularly, if garbage continues to be spread carelessly, it will be difficult for us to achieve efficient flow in our drainage systems. We all have a responsibility to maintain the cleanliness of our city),” he 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, who do you think dumps trash into the local drainage systems? Were you trapped by flood during the heavy rain that happened on the weekend ending August 9?

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

Strong Demand for American Dairy Products in the Philippines Continues

Strong Demand for American Dairy Products in the Philippines Continues

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With growing demand for high-quality protein realized, the Philippines will keep importing more dairy products from the United States, according to a news report by the Manila Bulletin. It should be noted that the Philippines does not have a huge dairy production and local consumption of dairy (and other products that require dairy to be made) kept on growing.

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

The Philippines is expected to increase its imports of dairy products from the United States (US), driven by growing demand for high-quality protein and limited local dairy production, according to the US Dairy Export Council (USDEC).

USDEC Regional Director Dali Ghazalay said US dairy exports to the Philippines are on track to remain strong this year, as demand for dairy products continues to expand.

She said the demand is particularly strong when it comes to meeting the country’s nutrition needs, with dairy playing a crucial role in nutritionally adequate diets.

“The demand for dairy will still be very strong because of nutrition and what dairy can contribute to the nutrition needs of the Philippines,“ Ghazalay said on the sidelines of USDEC’s trade seminar on Thursday, Aug. 13.

Based on USDEC data, US dairy exports to the Philippines are estimated at around 143,000 metric tons (MT). Top exports include skim milk powder, buttermilk powder, and dairy permeate.

Currently, the Philippines is the top export destination for US dairy goods in Southeast Asia, according to USDEC.

Increased demand this year is expected to be driven by dairy products with high-quality nutritional protein, such as skim milk powder.

Ghazalay said demand is also on the rise for whey proteins and milk proteins, which are usually integrated into high-value-added products such as protein powder for fitness purposes.

Ultimately, she noted that increased dairy demand from the US is also a direct result of the country’s subpar domestic output, which remains unable to meet local demand.

“Local dairy production is still very small. And you do need to supplement that with different dairy ingredients to meet all these different products that the consumers here need,” said Ghazalay.

Let me end this post by asking you readers: What is your reaction to this recent development? Do you feel confident that nuclear energy will be realized in the Philippines in your lifetime? Did you encounter a lot of people living with nuclear fear?

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

Bomb Threat Causes Disturbance In Barangay Ayala Alabang Office Building

Bomb Threat Causes Disturbance In Barangay Ayala Alabang Office Building

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A few days ago in the City of Muntinlupa, a tenant in the Park Trade Centre building in Barangay Ayala Alabang received a bomb threat which caused a disturbance and alerted the local police, 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…

An office in Barangay Ayala Alabang, Muntinlupa, received a bomb threat on Monday, Aug. 10, prompting a police investigation.

At 2:29 p.m., the administrator of a tenant firm on the fourth floor of the Park Trade Centre building on Investment Drive received an email claiming explosives had been planted on the premises.

The building’s security immediately alerted the Muntinlupa police.

Personnel from the Station EOD and Canine Unit (SECU) arrived at 3:35 p.m. to investigate. They conducted interviews and a threat assessment before carrying out a paneling operation, or search sweep, across different areas of the office.

By 4:10 p.m., the team declared the office clear of explosives or hazardous materials.

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, does this incident bother you? Can you guess what type of person would send a bomb threat via email to a local business?

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

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Thank you for reading. If you find this article engaging, please click the like button below, share this article to others and also please consider making a donation to support my publishing. If you are looking for a copywriter to create content for your special project or business, check out my services and my portfolio. Feel free to contact me with a private message. Also please feel free to visit my Facebook page Author Carlo Carrasco and follow me on Twitter at @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

Safety Measures In Public Schools In Las Piñas City Tightened

Safety Measures In Public Schools In Las Piñas City Tightened

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Following the tragic death of a student, safety measures in public schools located in Las Piñas City were tightened affecting the students as well as their parents and guardians, 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…

Public schools in Las Piñas have strengthened campus safety measures, urging parents and guardians — especially those with children in elementary schools — to provide transparent plastic water bottles or tumblers for their children following the fatal stabbing at Las Piñas National High School.

The Schools Division Office (SDO) of Las Piñas said the enhanced measures aim to safeguard the well-being of all learners across the city’s public schools.

Officials reminded students not to bring sharp objects to school to prevent accidents and encouraged them to immediately report bullying, harassment, or unusual behavior to teachers, guidance counselors, or administrators for prompt intervention.

The reminders were reinforced during an emergency meeting convened by Schools Division Superintendent Melody P. Cruz on Saturday, Aug. 1, with public school principals.

Department of Education National Capital Region (DepEd NCR) Regional Director and concurrent Officer in Charge Assistant Secretary for Operations Jocelyn DR Andaya also attended.

The meeting, called in the wake of the fatal stabbing, focused on strengthening safety protocols, preventive measures, and closer coordination among schools, parents, local government units, and the community.

Andaya stressed the need for collective action to protect learners, saying, “One life taken is a life too many.”

She urged school officials, parents, and stakeholders to work together in maintaining safe, secure, and child friendly learning environments.

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 the tightening of security in public schools will make a long-lasting impact?

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

47 World War II Veterans Honored In Muntinlupa City

47 World War II Veterans Honored In Muntinlupa City

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Recently in the City of Muntinlupa, forty-seven World War II veterans were honored during a special ceremony hosted by the Mayor at the Museo ng Muntinlupa, 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…

Forty-seven Filipino World War II veterans were conferred the US Congressional Gold Medal in a ceremony held in Muntinlupa City.

Muntinlupa Mayor Ruffy Biazon hosted the awarding ceremony at the Museo ng Muntinlupa.

“Ito ang pinakamataas na civilian honor mula sa U.S. Congress. So aside from their pension, our veterans are also given this tribute dahil sa kanilang kabayanihan (This is the highest civilian honor from the US Congress. So aside from their pension, our veterans are also given this tribute for their heroism),” he said.

The ceremony was attended by Lt. Col. Roy Stone, chief of staff of the Joint U.S. Military Assistance Group to the Philippines (JUSMAG-PHIL), and Senior Undersecretary Irineo Espino of the Department of National Defense.

They were joined by Muntinlupa Rep. Jaime Fresnedi, Usec. Reynaldo Mapagu of the Philippine Veterans Affairs Office (PVAO), and Krista Staley, assistant veterans service center manager of the Manila Regional Benefits Office of the US Department of Veterans Affairs.

The forty-seven posthumous awardees included Lieutenant Colonel Iluminado G. Vallejo Sr., Lieutenant Colonel Vicente O. Novales, Lieutenant Colonel Luis D. Vinoya, First Lieutenant Benjamin B. Gloria, Second Lieutenant Arsenio F. Librado Sr., Second Lieutenant Desiderio D. Malabuen, Second Lieutenant Francisco S. De Guzman, Master Sergeant Gregorio C. Nolasco, Master Sergeant Juan R. Peñamante, Technical Sergeant Pascual M. Tampil, Technical Sergeant Francisco D. De Leon, Staff Sergeant Alfredo F. Del Monte Sr., Sergeant Celso A. Escosia, Sergeant Manuel G. Abundancia Sr., Sergeant Marcelo S. Encarnacion, Sergeant Canuto G. Argame, Sergeant Victor S. Santos, Sergeant Victorio D. Montillano, and Sergeant Juan B. Gacutan.

They also included Corporal Sisenando E. De Castro, Corporal Sinfroso M. Pili, Corporal Glicerio R. Revillame, Corporal Jesus H. Gegato, Corporal Maximo E. Formaran, Corporal Damian P. Ogoc, Corporal Florentino D. Vargas, Private First Class Candido A. Luna, Private First Class Leopoldo V. Salavante, Private First Class Pedro R. Magbanua, Private First Class Regalado C. Ruiz, Private First Class Felix U. Castro, Private First Class Patrocinio G. Viñalon, Private First Class Severino A. Gasmin Sr., Private First Class Felicitos A. Lubrio, and Private First Class Bayani V. Gutierrez.

Other honorees were Private Paulo P. Damasco, Private Joaquin T. Taleon, Private Miguel P. Lopena, Private Tagumpay M. Villadolid, Private Romualdo N. Villanueva, Private Mariano N. Millama, Private Santos G. Orellana, Private Emeterio B. Pacate, Private Sixto M. Garbo, Private Uliran A. Ortiz, Private Igmedio V. Paliok, and Private Mamerto R. Pagkalinawan.

Stone said the US Congressional Gold Medal is a profound expression of America’s gratitude to Filipino World War II veterans for their courage, sacrifice, and service.

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 thankful to the local police officers for the successful buy-bust operation?

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

500 Solo Parents Of Las Piñas City Receive Quarterly Aid

500 Solo Parents Of Las Piñas City Receive Quarterly Aid

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Recently in the City of Las Piñas, five hundred local solo parents received their quarterly aid amounting to P3,000 each, according to a news report by the Manila Bulletin. Mayor April Aguilar led the distribution.

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

Las Piñas City has given ₱3,000 in quarterly aid to 500 solo parents, part of its program to ease the financial strain of raising families alone.

Mayor April Aguilar led the distribution at the Aguilar Sports Complex, with each beneficiary receiving the subsidy equivalent to ₱1,000 per month, released every quarter.

Aguilar said the assistance is meant to help solo parents cover daily needs such as food, education, transportation, and household expenses.

She noted that single parents carry the full responsibility of raising children, making government support vital to improving their quality of life.

Beneficiaries thanked the city government, saying the quarterly aid will help them manage household costs and provide added support for their children.

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? How many members of your local community are solo parents who are qualified to receive quarterly aid?

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

DTI Sees More Jobs And Investments Rising In Metro Manila Following Removal Of Ecozone Ban

DTI Sees More Jobs And Investments Rising In Metro Manila Following Removal Of Ecozone Ban

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Following the lifting of the ban on information technology economic zones in Metro Manila, the Department of Trade and Industry (DTI) expects the new investments to come in as well as new jobs to be generated, 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…

The Department of Trade and Industry (DTI) expects the information technology and business process management (IT-BPM) sector to generate more jobs and attract new investments after the lifting of the ban on IT economic zones in Metro Manila.

In a statement on Tuesday, July 28, Trade Secretary Cristina Roque welcomed the issuance of Administrative Order (AO) No. 45, which seeks to ease some of the restrictions under the broader prohibition on the processing and evaluation of applications for ecozones imposed during the previous administration.

“This major policy reform is a resounding victory for the IT-BPM sector and a decisive step forward in strengthening the Philippines’ position as a premier global destination for digital services,” the DTI chief said.

AO 45, signed by President Ferdinand Marcos Jr., excludes applications for the establishment of IT centers and IT parks from the ongoing moratorium on ecozone applications.

The order maintains the prohibition on all other ecozone applications in National Capital Region (NCR), as embodied in AO 18, issued by former President Rodrigo Duterte in 2019. The policy was implemented to encourage development and spur investments in the provinces.

With the lifting of the ban, Roque said the government is addressing long-standing investor demand from IT-BPM firms looking to open or expand in NCR while also creating more opportunities for real estate development.

“As we open new avenues for growth in Metro Manila alongside our continuous push to develop regional IT hubs, we are positioning the IT-BPM sector to generate thousands of high-quality jobs, attract foreign direct investments, and ensure economic growth nationwide,” she said.

The DTI earlier endorsed the proposal of the investment promotion agency (IPA) Philippine Economic Zone Authority (PEZA) to lift the moratorium to provide more options for companies seeking to locate in key central business districts in the capital region.

PEZA Director General Tereso Panga earlier told reporters that the ban has essentially forced firms to operate in existing ecozones, restricting their expansion plans.

“We invite our global partners and prospective investors to take full advantage of this renewed momentum and build their future here in the Philippines,” Roque said.

IT-BPM firms operate in ecozones to avail themselves of the fiscal and nonfiscal incentives provided by the government.

Let me end this post by asking you readers: What is your reaction to this recent development? Do you consider Metro Manila suitable for the establish of new economic zones as well as the expansion of existing economic zones? Do you believe that the demand by IT-BPM firms for expansion in Metro Manila is real?

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