news – Page 152 – Author Carlo Carrasco

Three fugitives from China arrested in Parañaque City

January 24, 2023January 19, 2023carlocarrasco

Recently in Parañaque City, three fugitives from China were arrested by agents of the Bureau of Immigration (BI) for involvement in economic crimes, the Manila Bulletin reported. Two of the suspects were arrested apart from the other suspect. They have since been detained in Taguig City for deportation procedures.

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

Agents of the Bureau of Immigration (BI) have arrested three foreigners wanted by authorities in their country for alleged involvement in economic crimes.

BI Commissioner Norman Tansingco said 56-year old Cheung was was caught in BarangayTambo in Paranaque City.

Cheung is allegedly wanted by the Public Security Bureau of Fuding City for involvement in economic crimes.

He allegedly put up dummy real estate companies and defrauded investors of some 40 million RMB, roughly P326 million, on the pretext of high interest rates.

Also arrested were Chau Mut Hing, 63; and Zhang Yi, 50, in a business establishment in New Seaside Drive, Parañaque City.

Tansingco said that the two are facing criminal charges in Shanghai for oil smuggling and production of counterfeit commodities.

Let me end this piece by asking you readers: What do you think about this recent development? Do you consider Parañaque a hot spot for wanted criminals from overseas? Are you concerned that more foreign fugitives could be hiding within your local community right now?

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 @HavenorFantasy as well as on Tumblr at https://carlocarrasco.tumblr.com/ and on Instagram athttps://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 engagements, commerce and other relevant updates, join the growing South Metro Manila Facebook group at https://www.facebook.com/groups/342183059992673

Last tranche of salary increase for Muntinlupa City government employees announced

January 24, 2023January 23, 2023carlocarrasco

In the progressive City of Muntinlupa, Mayor Ruffy Biazon announced the last tranche of salary increases for City Government employees, according to a Manila Bulletin news report. The raise of the salaries is in accordance to law and it will take effect very soon.

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

Muntinlupa Mayor Ruffy Biazon announced on Jan. 23 that city government employees will get their salary increases by the end of the month.

This is based on Republic Act 11466 or the Salary Standardization Law of 2019.

The fourth and last tranche of the salary increases for qualified government employees took effect on Jan. 1, according to the Department of Budget and Management (DBM). The first tranche of the salary increase took effect on Jan. 1, 2020.

“Good news para po sa kawani ng pamahalaan. Pagdating po ng katapusan ng buwang ito ay pai-implement na ang fourth tranche ng Salary Standardization Law (Good newas for employees of the government. By the end of this month, the fourth tranche of the Salary Standardization Law will be implemented),” said Biazon during the flag raising ceremony at the Muntinlupa City hall on Jan. 23.

Under RA 11466, the monthly salary of a government employee under Salary Grade 1 will increase to P13,000 (under Step 1 level) in the fourth tranche compared to P11,551 in the first tranche.

“The government recognizes the indispensable role of its dedicated personnel in serving our beloved country. We are firmly committed to help them amidst rising prices of goods and services. We hope this latest salary increase will cushion the impact of inflation,” said Budget Secretary Amenah Pangandaman.

According to DBM, RA 11466 covers all positions for civilian personnel, whether regular, casual, or contractual in nature, appointive or elective, full-time or part-time, now existing or created in the executive, legislative, and judicial branches; constitutional commissions and other constitutional offices; state universities and colleges (SUCs); and government-owned or controlled corporations (GOCCs) not covered by RA 10149.

The law also applies to all positions for salaried LGU personnel, whether regular, contractual or casual in nature, elective or appointive; on full-time or part-time basis, now existing or thereafter created in LGUs, and all positions for barangay personnel which are paid monthly honoraria, the DBM added.

Excluded under the law are those engaged without employer-employee relationship and funded from non-Personnel Services (PS) appropriations/budgets.

Let me end this piece by asking you readers: If you are a Muntinlupa City resident, what is your reaction to this development? As a local resident, do you think the salary hike for City Government employees is justified?

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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President Marcos mentions economic growth of 7% for the Philippines this year

January 24, 2023January 18, 2023carlocarrasco

Not so long after Finance Secretary Benjamin Diokno stated that the Philippine economy is expected to grow by around 6.5% this year, President Ferdinand “Bongbong” Marcos stated a figure of 7% economic growth for 2023, according to a news article by the Philippine News Agency (PNA). GMA Network and the Philippine Daily Inquirer each had similar news stories.

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

During the Country Strategy Dialogue at the World Economic Forum (WEF) in Davos, Switzerland, Marcos presented the current state of the Philippine economy and the opportunities that are expected to be unlocked.

Marcos, in his opening remarks, cited that while the International Monetary Fund’s (IMF) forecast for the 2023 global economic growth is only 2.7 percent, the Philippines projects that its economy would grow by at least 7 percent this year.

The IMF’s latest projection is slower than the 3.2 percent posted last year and shows a significant decrease from the 6 percent recorded in 2021.

“Our strong macroeconomic fundamentals, fiscal discipline, and structural reforms instituted over the years have enabled us to withstand the negative shocks caused by the pandemic and succeeding economic downturns and map a route toward a strong recovery,” he said.

Marcos said the Philippines remains focused on sustaining the country’s economic recovery, as well as promoting a local environment that would help businesses maximize their competitiveness and facilitate their entry into the global market.

He added that the Philippines’ development plan puts together coherent strategic measures to address the current energy and food crises, allowing the country to hasten its economic and social recovery toward inclusive and resilient development.

Addressing challenges – In his speech, Marcos also emphasized the need for the world economies to implement sufficient welfare measures to cushion the impact of elevated inflationary pressures, especially on the most affected and vulnerable sectors.

“We have seen inflation accelerating globally in recent months. While protectionist policies may be appealing in the short term, there will ultimately be no winners,” he said.

“We support the call for all governments to unwind any trade restrictions and reinforce our commitment to the World Trade Organization (WTO) reform.”

Marcos also renewed the Philippines’ support for the timely and effective delivery of pragmatic outcomes to address the current geopolitical risks, adding that economies should try to find a common ground to settle critical global issues.

He likewise emphasized the importance of economic and technical cooperation to assist the development of smaller economies and enable their participation, including the small businesses and economic segments with untapped potential, in the global economy.

Marcos said it is also vital to address the current social vulnerabilities, noting that education, skills development, and lifelong learning would help enhance the employability of workers.

Government interventions and public-private partnerships (PPPs), he said, must be strengthened to improve access to employment opportunities, adding that health systems and social protection must also be enhanced to abate and mitigate present and future risks.

Digitalization – Marcos also acknowledged the need to pursue heightened collaboration to realize economic and social transformation.

He believed that his bid for digital transformation is a “key driver for long-term economic growth.”

“The government also recognizes the importance of digitalization as a key driver for long-term economic growth and as a tool for economic recovery,” Marcos said, adding that he would put a premium on the participation of micro, small and medium enterprises (MSMEs) in the digital economy.

More details are available for reading in the PNA’s news article.

Let me end this piece by asking you readers: What is your reaction to this recent development? Do you believe that the Philippines can achieve 7% economic growth this year?

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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Philippine government sees economy growing around 6.5% for 2023

January 23, 2023January 17, 2023carlocarrasco

Even though HSBC and the World Bank revealed their own 2023 economic growth forecasts for the Philippines to be below 6%, the national government still sees the economy growing around 6.5% this year, according to a recent Manila Bulletin news report.

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

The Philippine government expects a strong full-year gross domestic product (GDP) growth for 2022, most likely much faster than its growth target of 6.5 to 7.5 percent, Department of Finance (DOF) Secretary Benjamin Diokno said here on Jan. 16 (Switzerland time).

Diokno said this during a Monday luncheon hosted for President Ferdinand “Bongbong” Marcos Jr. and Philippine chief executive officers (CEOs) in Davos, Switzerland.

In addition, Diokno said the Philippine economy is seen to “grow by around 6.5 percent this year” due to the expected slowdown of the global economy.

“And that’s still one of the highest, if not the highest, growth projection in the Asia-Pacific Region,” he said.

According to Diokno, the country’s bustling manufacturing sector, record-low unemployment, and stable and resilient banking system can alleviate buffers against external headwinds, all indicating a resilient economy.

Further, opening economic sectors to foreign equity, improving the ease of doing business, and allowing modern transformative industries to take root and grow will sustain the economy.

At the same time, the Finance chief said the Marcos government has created a more competitive and enabling environment through public-private partnership (PPP) to expand further the Build, Better, More infrastructure agenda of the administration.

Diokno said this would further boost investments on top of the government’s goal to spend at least five to six percent of GDP on infrastructure, stressing all these form the backbone for the rapid and sustained growth of the Philippines.

But because of the current challenges, he said the Philippines is taking the first steps toward launching the Maharlika Investment Fund, the country’s first-ever sovereign wealth fund that will support the goals set by the administration in the Philippine Development Plan 2023-2028.

Let me end this piece by asking you readers: What is your reaction to this new development? Do you believe that the Philippines’ economic fundamentals are strong enough to keep the economy growing around 6.5% this year? Do you think that the tourism industry alone will be a major driving force of economic growth and earning foreign currency? Apart from the announced Maharlika Investment Fund (sovereign wealth fund) new economic initiatives do you want to see from President Ferdinand “Bongbong” Marcos, Jr.?

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 and also please consider sharing this article to others. If you are looking for a copywriter to create content for your special project or business, check out my services and my portfolio. If you want to support my website, please consider making a donation. Feel free to contact me with a private message. Also please feel free to visit my Facebook page Author Carlo Carrasco and follow me on Twitter at @HavenorFantasy as well as on Tumblr at https://carlocarrasco.tumblr.com/ and on Instagram at https://www.instagram.com/authorcarlocarrasco/.

Metro Manila Council head Francis Zamora: Metro Manila traffic code for single ticketing system approved by technical work group

January 23, 2023January 20, 2023carlocarrasco

The proposal for a single ticketing system related to traffic matters within Metro Manila was approved by a technical work group (TWG), Metro Manila Council (MMC) chairperson San Juan City Mayor Francis Zamora announced recently, according to a GMA Network news report. This means that the proposal will be formally discussed with the MMC members and they will determine the final form of the system.

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

The technical working group (TWG) has approved the Metro Manila traffic code that will be used for the single ticketing system, Metro Manila Council (MMC) chairperson San Juan City Mayor Francis Zamora said Friday.

Interviewed on GMA News’ Unang Balita, Zamora said the final TWG meeting in connection with the single ticketing system was conducted in San Juan City on Thursday.

“Kaya ang gagawin ko po ngayon ay mag-schedule ng meeting ng MMC upang pag-usapan na ang pinal na porma nga ng ating magiging Metro Manila traffic code na prinisenta na rin kahapon at inaprubahan ng mga representatives na nandoon at kasama na po ako doon,” he said.

(So, I will schedule a meeting in MMC to discuss the final form of the Metro Manila traffic code, which was already presented yesterday and approved by the representatives including me.)

“I just want to clarify na ang aprubado dito ay sa level pa lang ng TWG. So ito ay ii-elevate na natin sa mismong MMC at kung wala naman pong pagtutol ng mga mayors dito, dyan po magsisimula ang aktwal na proseso ng pag-implementa,” he added.

(I just want to clarify that it is approved only at the level of the TWG. So it will be elevated to the MMC and if there is no objection from the mayors, the process of implementation will start.)

According to Zamora, 20 common traffic violations with corresponding fines have been identified.

In San Juan, he said the fine for disobedience of traffic signs will be lower with the implementation of the single ticketing system. From 2,000 up to 4,000, the fine will be 1,000 only.

The Metropolitan Manila Development Authority (MMDA) will shoulder the expenses for the equipment needed for the new system, according to Zamora.

Let me end this piece by asking you readers: What can you say about this new development? Do you think a single ticketing system is needed?

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 offers online business permit processing and extends deadline to January 31, 2023

January 20, 2023January 17, 2023carlocarrasco

Recently in the progressive city of Muntinlupa, the City Government made things more convenient for local business to renew their business permits by offering online business permit processing as well as moving the deadline to January 31, 2023, the Manila Bulletin reported.

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

The Muntinlupa City government is offering an online business permit processing for the convenience of taxpayers.

The Business Permits and Licensing Office (BPLO) encouraged people, especially those who are unable to visit the Business Permit Renewal Hub at the Muntinlupa Sports Center in Barangay Tunasan, to avail of the Business E-Payment System (BESt) as a more convenient alternative to the renewal process.

In addition, the Muntinlupa City Council passed a resolution granting the request of BPLO officer-in-charge Engr. Allan Cachuela to extend the business permit renewal deadline to Jan. 31 to give business owners the chance to comply and avoid penalties.

Mayor Ruffy Biazon welcomed these developments and urged Muntinlupeños to beat the deadline by taking these opportunities that support grassroots businesses–a key component of his economic agenda.

Entrepreneurs who wish to renew their permit may visit the Muntinlupa City government website (https://muntinlupacity.gov.ph/). They must first send their business account details and active company email address to bplo.muntinlupa@yahoo.com or through a personal message to the BPLO Muntinlupa Facebook page. For security, entrepreneurs must send their details via message and not put them in the Facebook comments.

An official notification will be sent to the provided email address. Afterwards, the applicant must create a BESt account and undergo verification through email. Once verified, entrepreneurs must sign into the BESt portal, choose the business permit renewal option, and provide the necessary details and business information. Payment fees can then be settled via Development Bank of the Philippines or Landbank.

Let me end this piece by asking you readers: If you are a Muntinlupa City resident, what is your reaction to this development? If you are trying to renew your business permit, are the latest announcements good enough on making things convenient for you?

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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Lady found dead inside abandoned vehicle in Las Piñas City

January 20, 2023January 18, 2023carlocarrasco

Recently in the City of Las Piñas, a 29-year-old lady was found dead inside an abandoned vehicle in front of a particular complex along C5 Extension Road, Barangay Zapote, according to a Manila Bulletin news report. The vehicle was discovered by two street sweepers who informed the local security guard and called the attention of the local authorities. Subsequently, the Manila Bulletin reported that robbery-holdup could be the motive behind the death of the victim.

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

A 29-year-old beauty specialist was found dead inside an abandoned car in Las Piñas City on Tuesday, Jan. 17.

Col. Jaime Santos, city police chief, said the victim, identified as Jennifer Mendoza of Balagtas St., Tondo, Manila, was found lifeless around 9:30 a.m. in front of Villar Sipag Complex on C5 Extension Road in Barangay Zapote, Las Piñas City.

Santos said street sweepers Olivia Olimberio, 48, and Teresita Mejorada, 47, informed Villar Sipag security guard Gian Carlo, 32, about their discovery.

Carlo immediately called up the Zapote Police Sub-Station, informing them that an unconscious woman was found inside an abandoned colored gray Mazda car with plate number ATA-9782.

Santos said responding Zapote Sub-Station personnel found Mendoza inside the car and blood stains on the road, prompting them to call for an investigator from the Station Investigation Detective and Management Section (SIDMS).

He said during investigation, the victim was found seated at a passenger seat and was already dead.

Crime scene investigators removed the body from the car and brought it to the PNP Forensic Unit through Royalty Funeral Services for autopsy.

Santos said the family of the victim was already notified of Mendoza’s death.

He also said that during coordination with the Land Transportation Office (LTO), it was found out that the abandoned car was registered to a certain Julius Pascual Guillermo of Kalamansi St., Maligaya, Caloocan City.

The station commander of Caloocan Police Sub-Station 10 was already informed of the incident and a team proceeded to the address of Guillermo.

For the follow-up report to the above report, click https://mb.com.ph/2023/01/18/robbery-behind-the-killing-of-beauty-specialist-las-pinas-police/

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 robbery-holdup could be the motive behind the killing of the victim?

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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Middle income earners in the Philippines will have lower income taxes this year

January 19, 2023January 16, 2023carlocarrasco

Recently, it was emphasized that middle income earners here in the Philippines will have lower income taxes to pay in accordance to the Tax Reform for Acceleration and Inclusion (TRAIN) law (Republic Act Number 10963) which will result in better take-home pay this year, according to a news article published by the Philippine News Agency (PNA). This is related to what was reported weeks ago by GMA Network news.

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

Middle-income earners will have lower income taxes this year and thus, higher take-home pay, under Republic Act No 10963 or the Tax Reform for Acceleration and Inclusion (TRAIN) law.

Taxpayers earning more than PHP250,000 a year but not over PHP8 million will be subject to lower income tax rates ranging from 15 percent to 30 percent, from the previous 20 percent to 32 percent.

Those with annual taxable income of PHP250,000 or below will continue to be exempt from paying income taxes.

“Inaasahan natin na lalo pang lalakas ang domestic consumption na may malaking kontribusyon sa paglago ng ating ekonomiya. Dahil sa pinababang buwis, mas mataas ang take-home pay ng mga empleyado na magiging malaking tulong sa gitna ng mataas na presyo ng mga bilihin (We expect a stronger domestic consumption which will be big contribution to our economy. With lower tax and higher take-home pay, this will be a good help amid the rising prices of commodities),” Senator Sherwin Gatchalian said in a statement on Monday.

Gatchalian cited the Teacher 1 post, with a monthly salary of PHP25,439 or Salary Grade (SG) 11, will now have monthly tax savings of PHP420.83 or PHP5,050 for the year.

A Nurse III with SG 17 or an entry level monthly income of PHP43,030 will save PHP1,289.13 monthly or PHP15,469 yearly.

“Dahil sa mas mataas ang kanilang kita, inaasahan din natin na magiging maganda itong insentibo para sa mga empleyado na lalo pa nilang paghusayan ang kanilang trabaho at magtulak sa kanila para mag impok o kaya ay mamuhunan (Because of a higher take-home pay, workers will be inspired to work better, save and invest), Gatchalian said.

Also included in the TRAIN law are provisions for small and micro self-employed professionals, who now have the option to pay a simpler, flat tax of eight percent on gross sales in lieu of the income and percentage tax.

Taxpayers can save time falling in line and filing and paying from eight times a year will be reduced to just four.

Estate tax will also be lowered from 20 percent to a single rate of six percent for net estate with standard deduction of PHP5 million as well as exemption for the first PHP10 million for the family home.

Let me end this piece by asking you readers: What is your reaction to this new development? Are you qualified for a reduction of income taxes under the TRAIN Law? Have you consulted with a certified tax expert already?

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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World Bank sees 5.4% economic growth for the Philippines in 2023

January 18, 2023January 16, 2023carlocarrasco

As it continues to make predictions about different nations’ economies around the world, the World Bank (WB) revealed that it sees the Philippines achieving 5.4% economic growth in 2023, according to a BusinessWorld news report. The said forecast goes against the more optimistic 2023 target of the Philippine government.

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

PHILIPPINE economic growth would probably slow to 5.4% this year, from an estimated 7.2% in 2022, amid a looming global recession, the World Bank (WB) said.

In its latest Global Economic Prospects report, it trimmed its gross domestic product (GDP) growth forecast for the Philippines from its 5.6% projection in June.

The World Bank’s latest GDP forecast is below the government’s 6-7% growth target for the year.

“After the strong rebound in 2022, growth in Malaysia, the Philippines and Vietnam is expected to moderate as the growth of exports to major markets slows,” it said.

In December, the World Bank upgraded its forecast for the Philippines to 7.2% for 2022 from 6.5%, amid a surge in private consumption and robust export growth.

The Philippine economy expanded by 7.6% in the third quarter, bringing the nine-month average to 7.7%. The strong third-quarter data prompted economic managers to say that full-year GDP growth would settle above the 6.5-7.5% target.

“The recovery from the pandemic-induced recession has been uneven across the region. Output surpassed pre-pandemic levels last year in Cambodia, the Philippines and Thailand,” the World Bank said.

However, a “sharp, long-lasting” slowdown in the global economy this year is expected to affect nearly all regions, particularly developing countries, World Bank President David Malpass said in a statement.

“Global growth is expected to decelerate sharply to 1.7% in 2023 — the third weakest pace of growth in nearly three decades, overshadowed only by the global recessions caused by the pandemic and the global financial crisis,” the multilateral lender said in the report, noting this is 1.3 percentage points below previous forecasts.

The World Bank said the latest estimate reflects “synchronous policy tightening aimed at containing very high inflation, worsening financial conditions and continued disruptions from Russia’s invasion of Ukraine.”

It said urgent global efforts are needed to mitigate the risks of a global recession and debt distress in emerging market and developing economies.

By the end of 2024, GDP levels in these markets will be about 6% below pre-pandemic levels, according to the report.

Let me end this piece by asking you readers: What is your reaction to this new development? Do you agree with the WB’s analysis about slower economic growth for the Philippines this year? What do you think will help the Philippines achieve the more optimistic targets set by the national government?

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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Law enforcers arrest suspect and seize P89 million worth of illegal drugs in Las Piñas City

January 17, 2023January 12, 2023carlocarrasco

Recently in the City of Las Piñas, agents of two anti-drugs teams successfully apprehended a suspect and seized P89 million worth of illegal drugs, the Manila Bulletin reported.

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

A 25-year-old Filipina was arrested by a combined team of the Ninoy Aquino International Airport (NAIA)-Inter-Agency Drug Interdiction Task Group (IADITG) and Philippine Drug Enforcement Agency (PDEA) in Las Piñas on Wednesday, Jan. 11.

Police said the suspect, identified as Jolle Ann Cuer, was arrested around 4:00 p.m. along Lotus St., TS Cruz Subdivision, Barangay Almanza Dos, Las Piñas City.

Members of the NAIA-IADITG and PDEA received information from a regular confidential informant that a shipment coming from Micheal Olanrewaju of 33 Wale Alomo Street, Ogba Yaya Abatan, Lagos State, Ogba, Nigeria will be sent to Cuer.

The shipment, with airway bill No.14 0876 2806, was declared as eight packs of Grandma Crunchy Chinchin, a crispy snack.

Police recovered from the suspect about 13,175 grams of shabu placed inside a 44 foil pouch worth P89,590,000,00 and four foil pouches of snacks.

The confiscated shabu was immediately submitted to PDEA Laboratory Service for qualitative and quantitative examination.

Let me end this piece by asking you readers: If you are a resident of Las Piñas City, what is your reaction to this development? Are you concerned that the smuggling of illegal drugs could be rampant all over 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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