Tag: news

Philippines attracted 2.65 million international arrivals and over P200 billion in tourism revenues in 2022

Philippines attracted 2.65 million international arrivals and over P200 billion in tourism revenues in 2022

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With the year 2022 officially over, the Department of Tourism (DOT) officially confirmed that the Philippines attracted 2.65 million tourist arrivals (exceeding the target of 1.7 million) and over P200 billion in tourism revenues were generated for the year, according to a news article by the Philippine News Agency (PNA).

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

The holidays delivered further gains for the Philippine tourism industry as it breached its 1.7-million target with 2.65 million international arrivals as of the end of 2022.

The arrivals translated to PHP208.96 billion or USD3.68 billion in tourism revenues, a whopping 2,465.75-percent increase from 2021, according to a news release on Monday.

Based on the monitoring of the Department of Tourism (DOT) from the time the country reopened its borders to all travelers in February until Dec. 31, 2022 arrivals peaked in December as more Filipinos and tourists alike opted to spend the Christmas and New Year vacations in the Philippines.

Of the total 2.65 million international arrivals last year, 628,445 were returning Filipinos while the bulk of 2.02 million tourists were from top markets United States (505,089), South Korea (428,014), Australia (137,974), Canada (121,413), the United Kingdom (101,034), Japan (99,557), Singapore (53,448), India (51,542), Malaysia (46,805) and China (39,627).

The year just ended likewise generated an estimated 5.23 million tourism-related jobs, 11,989 DOT-accredited tourism enterprises as of Dec. 29, 2022 and 25,770 tourism stakeholders who were trained.

DOT Secretary Christina Frasco was elated over the achievements of the administration of President Ferdinand R. Marcos Jr., just six months into office.

She said the tourism sector’s growth clearly showed the hard work of the entire industry in order to recover from the unprecedented crisis brought about by the Covid-19 pandemic.

“Moments of great difficulty are also moments of great opportunity. In the past, we have overcome a global pandemic and survived various calamities. The Philippine tourism industry has managed to exceed expectations and our tourism partners and frontliners continue to offer the best of Filipino grace and hospitality to the world,” Frasco said in a statement.

“We welcome 2023 with gratitude and excitement for Philippine tourism to bounce back stronger than ever. We shall welcome with warmth and that distinct Filipino smile visitors from all over the world as they visit our award-winning beaches, experience the richness of our culture, and enjoy our world-renowned Filipino brand of service excellence,” she added.

Frasco is hopeful that the DOT will surpass its targets anew in 2023.

Let me end this piece by asking you readers: What is your reaction to this recent development about the Philippines tourism? If you are managing a business, did your business benefit somehow from the arrival of foreign tourists and/or Filipinos who arrived from overseas? Do you think the DOT will be able to achieve its targets for 2023?

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

LTO suspends license of jeepney driver responsible for hitting a woman in Parañaque City

LTO suspends license of jeepney driver responsible for hitting a woman in Parañaque City

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A few days ago, the Land Transportation Office (LTO) suspended for ninety days the license of the jeepney driver who was held responsible for hitting a woman who crossed the pedestrian lane in Parañaque City, according to a news article by the Philippine News Agency (PNA). It is recalled that the said driver as well as owner of the jeepney were summoned by the LTO.

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

The Land Transportation Office (LTO) on Tuesday suspended the license of a jeepney driver who hit a woman crossing a pedestrian lane in Parañaque City in December.

In a statement, the LTO said driver Leonilo Aque has received a 90-day preventive suspension of his driver’s license.

“Kasunod ito ng pag-amin ng drayber ng jeep na si Leonilo Aque na nabundol nito ang babaeng tumatawid matapos na hindi agad makapagpreno (This is after Aque admitted to having struck a woman crossing the street after he failed to apply brakes on time),” the LTO said.

The incident recorded through a closed-circuit television showed a woman who was suddenly struck by a jeepney while crossing a pedestrian lane.

Aque and the owner of the jeepney were issued a show cause order on Dec. 22, 2022, and were summoned to appear before the LTO Intelligence and Investigation Division (IID) on Dec. 28.

They were summoned for violation of DOTC Joint Administrative Order 2014-01 or “failure to yield right of way for pedestrian crossing” and Republic Act 4136 on reckless driving and being an “improper person to operate a vehicle.”

“During the hearing, Mr. Aque affirmed that he is the assigned driver of the subject motor vehicle and admitted that he hit/bumped a pedestrian during the incident. Thus, his professional driver’s license is hereby preventively suspended,” the LTO said.

LTO chief Assistant Secretary Jose Arturo “Jay Art” Tugade warned motorists, especially drivers of public transport, that it is within their responsibility to keep the roads safe.

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 traffic incidents involving jeepneys? Do you think the 90-day suspension by the LTO is sufficient?

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/.

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

Processing and renewal of business permits in Muntinlupa City ongoing

Processing and renewal of business permits in Muntinlupa City ongoing

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Since January 3 – the first business day of the year 2023 – the City Government of Muntinlupa has officially started the issuance and renewal of business permits and applicants for such permits are welcome to visit the Muntinlupa Sports Center in Barangay Tunasan, according to a 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 Muntinlupa City government has started the issuance and renewal of business permits on Tuesday, Jan. 3.

The renewal of business permits will be held from Jan. 3 to 20 at the Muntinlupa Sports Center in Barangay Tunasan.

Business owners can also apply for a permit online through the Business E-Payment System (BEST) at https://best.muntinlupacity.gov.ph/Accounts/Login.aspx.

“Please make sure that you have all the requirements for a smooth transaction,” said Mayor Ruffy Biazon.

According to the Muntinlupa Business Permits and Licensing Office (BPLO), the requirements for the renewal of business permits this year are:

1 BIR Monthly/Quarterly Payments for 2022 (photocopy and original), Form No. 2550Q/2551Q/2550M, Form No. 1701Q/1702Q

2. Audited financial statements duly filed before the SEC/BIR (for the period covering two years prior) / Annual Income Tax Return

3. Previous Mayor’s Permit

More requirements can be seen in the full news article of the Manila Bulletin.

Let me end this piece by asking you readers: If you are a Muntinlupa City resident who runs a local business, have you tried having your business permit renewed already? Do you prefer to have it renewed online or over the counter?

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 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 engagements, commerce and other relevant updates, join the growing South Metro Manila Facebook group at https://www.facebook.com/groups/342183059992673

Police arrest drug suspects in Parañaque City on New Year’s Day

Police arrest drug suspects in Parañaque City on New Year’s Day

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In Parañaque City, the local police started the New Year with the apprehension of two suspects as a result of a buy-bust operation, the Manila Bulletin reported. The arrests took place in Barangay San Antonio.

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

Two female drug suspects were arrested by members of the Parañaque police Station Drug Enforcement Unit (SDEU) during a buy-bust operation on New Years’ Day.

Col. Renato Ocampo, city police chief, identified the suspects as Lanie Kusain, 22; and Sophia Andatun, 23.

Ocampo said the suspects were arrested around 3:25 p.m. along Headline St., Fourth Estate, Barangay San Antonio, Parañaque City.

The city police chief said members of SDEU conducted the drug buy-bust operation after receiving numerous complaints on the alleged drug activity of the suspects.

Ocampo said SDEU members were able to confiscate from the suspects 55 grams of shabu worth P 374,000.00 placed inside a brown shoulder bag and the P1,000 buy-bust money.

He said the confiscated shabu was turned over to the Southern Police District Forensic Unit for chemical analysis.

Let me end this piece by asking you readers: What do you think about this recent development? How serious do you think the illegal drugs problem really is in Parañaque City 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 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/.

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

Customs officials seize P140 million-worth of undeclared agricultural products in Muntinlupa City

Customs officials seize P140 million-worth of undeclared agricultural products in Muntinlupa City

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In the progressive city of Muntinlupa, elements of the Bureau of Customs (BOC) seized several undeclared agricultural products estimated to be worth almost P140 million, according to a news article by the Philippine News Agency (PNA). The seizure happened before 2022 ended and there is a disturbing trend happening lately.

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

The Bureau of Customs (BOC) on Saturday reported the seizure of undeclared agricultural products amounting close to PHP140 million from a Muntinlupa City-based company.

According to Commissioner Yogi Filemon Ruiz, the containers were declared to contain udon noodles and frozen dimsum balls, but upon examination, the Customs Intelligence and Investigation Service at Manila International Container Port (CIIS-MICP) found that it contained undeclared fresh red and white onions, frozen ox tripe, frozen barbecue, and frozen crawfish.

The PHP139,769,500 worth of undeclared agricultural products underwent examinations from Dec. 27 to 29, 2022.

The shipments arrived from China between Nov. 27, 2022 and Dec. 3, 2022 at the MICP and were consigned to Taculog J International Consumer Goods Trading located at B4 L7 Mariategui HMOA, Alabang.

Ruiz said he was surprised that the same company almost managed to bring in hundreds of millions worth of smuggled agricultural products into the country in less than two months.

“Although I am proud of our men and what they were able to accomplish these past weeks, I am appalled at the gall of these groups. We have reports coming in that a kilo of red onions sells for PHP720 in the markets. Bringing a hot commodity like onions into our borders without going through the proper procedures is an affront to our farmers, the people who make sure we have enough supply of it,” he said in a statement.

The operation came after the bureau reported the apprehension of PHP171.35 million worth of smuggled agricultural products, including fresh red and white onions, from containers that arrived between Nov. 12 and Dec. 3, 2022 consigned to the same company.

The shipment that arrived on Nov. 25 and examined on Dec. 28 was initially declared to contain frozen lobster, frozen prawn balls, and frozen crab stick but was later found to also have undeclared frozen ox tripe worth PHP15.5 million.

On the other hand, containers that arrived on Nov. 27 and examined from Dec. 27 to 29, were declared to have udon noodles, frozen lobster, frozen prawn balls, and frozen crab sticks. But upon examination, these containers had undeclared fresh red onions, frozen barbecue, and frozen crawfish that amounted to PHP46.75 million.

Four shipments that arrived on Dec. 3 and examined from Dec. 27 to 29, were declared to contain only udon noodles, but examiners instead found undeclared fresh red and white onions amounting to an estimated total value of PHP77,519,500.

Let me end this piece by asking you readers: If you are a Muntinlupa City resident, what is your reaction to this development? How expensive are the prices of agricultural products right now locally?

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 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 engagements, commerce and other relevant updates, join the growing South Metro Manila Facebook group at https://www.facebook.com/groups/342183059992673

Philippines counted 2.6 million tourist arrivals in 2022

Philippines counted 2.6 million tourist arrivals in 2022

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Since it opened its borders for travelers from abroad in early 2022, the Philippines registered a total of 2.6 million tourist arrivals for the year, according to a GMA Network news report quoting the Department of Tourism (DOT). Take note that the DOT has higher targets for attracting foreign tourists this new year.

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

A total of 2.6 million tourists arrived in the Philippines in 2022, the Department of Tourism (DOT) said.

This is due to the opening of borders to all international travelers in February, the DOT added, according to a report on GMA Integrated News’ Unang Balita on Monday.

Some P173 billion tourism revenue was recorded in 2022, the department said.

The DOT said more than 628,000 arrivals are returning Filipinos.

The top arriving international tourists were from the US, South Korea, Australia, and United Kingdom.

Very clearly, the recovery from the COVID-19 pandemic continues to happen in different ways around the world. For the Philippines itself, the arrivals and presence of foreign tourists as well as Filipinos based overseas are crucial for the socio-economic development of the whole nation. As such, we Filipinos can be more supportive towards the DOT and other national stakeholders to make tourism – both foreign and local – thrive again with the nation in mind.

Let me end this piece by asking you readers: What is your reaction to this new development? Do you believe the DOT can achieve its targets for 2023? Do you think the local government units (LGUs) should become more pro-active on emphasizing local tourism? What is the most notable local tourist site in your city right now? Did you notice your favorite local coffee shop or restaurant having more foreigners as customers lately?

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

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Thank you for reading. If you find this article engaging, please click the like button below 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/.

Police officers apprehend foreigner in Las Piñas City and seize illegal substances

Police officers apprehend foreigner in Las Piñas City and seize illegal substances

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Recently in the City of Las Piñas, police officers arrested a man from Nigeria for trying to sell illegal drugs to undercover police officers during a buy-bust operation in Barangay Talon Singko, according to a Philippine Daily Inquirer news report.

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

A Nigerian man believed to be linked to the West African Drug Syndicate (WADS) was arrested in Las Piñas City, the National Capital Region Police Office (NCRPO) said Friday.

NCRPO Regional Director Maj. Gen. Jonnel Estomo said suspect Nnaemeka Nwoke, alias Eggy, 36, was arrested after he tried to sell illegal drugs to undercover police officers during a bust led by the Southern Police District (SPD) on Thursday inside a subdivision in Barangay (village) Talon 5.

Seized from Nwoke were suspected ecstasy tablets, shabu (crystal meth), and cocaine. The seized drugs, police said is valued at P5.423 million.

The NCRPO said Nwoke is now detained at the SPD headquarters pending the filing of complaints for violations of Republic Act No. 9165 or the Comprehensive Dangerous Drugs Act of 2002.  The pieces of evidence meanwhile were turned over to SPD’s Crime Laboratory.

“As Team NCRPO enhances its battle against the proliferation of illegal drugs in Metro Manila through the S.A.F.E. NCRPO program, we are very proud of the continuous achievements of the schemes being implemented in arresting drug personalities and confiscation of huge amount of illegal drugs,” Estomo said.

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 foreign nationals living within your local community could be selling illegal substances secretly?

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 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 engagements, commerce and other relevant updates, join the growing South Metro Manila Facebook group at https://www.facebook.com/groups/342183059992673

Police officers seize multiple pieces of firecrackers and penalize open pipe muffler ban violators in Muntinlupa City

Police officers seize multiple pieces of firecrackers and penalize open pipe muffler ban violators in Muntinlupa City

carlocarrasco

In the progressive city of Muntinlupa, the prohibitions on the use of firecrackers and open pipe mufflers wer put into action as the local police seized thousands of pieces of firecrackers and penalized many open pipe mufflers ban violators, according to a Manila Bulletin news report.

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

More firecrackers were seized while 60 persons were penalized for using open pipe mufflers in Muntinlupa on New Year’s Eve.

According to the Muntinlupa City government, as of 5 p.m. on Dec. 31, nearly 4,000 pieces of firecrackers and pyrotechnic devices including 52 improvised “boga” were seized by the Muntinlupa police in different operations.

Muntinlupa police chief Col. Angel Garcillano said the confiscated firecrackers will be turned over to the Southern Police District (SPD) headquarters for consolidation and destruction.

Muntinlupa City Ordinance No. 14-092 prohibits “the manufacture, display, sale, distribution, possession or use of firecrackers or pyrotechnic devices and such other similar devices and the exploding of firecrackers or other similar explosives within the territorial jurisdiction of Muntinlupa City.”

Let me end this piece by asking you readers: If you are a Muntinlupa City resident, what is your reaction to this development? Were you able to spot the presence of firecrackers in your local community recently? How disturbing to you were the open pipe mufflers?

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 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 engagements, commerce and other relevant updates, join the growing South Metro Manila Facebook group at https://www.facebook.com/groups/342183059992673

2023

2023

carlocarrasco

Happy New Year to everyone!

The year twenty twenty-three – 2023 – is finally here. While we do not know for certain what events will happen to us in the next 365 days, we must always be faithful to our Lord and keep on living on and moving forward with His Word (the Holy Bible).

2022 is officially over and looking back to it, there are miracles and positive events that happened which we must thank the Lord for. I am personally thankful to God for His provision, His guiding light and His love for me in 2022. Along the way were blessings from Him such as my attendance of the Planetshakers worship event in September 2022, breakthroughs in my private sector job, further growth through my local church, having attended Sunday worship and the 17th anniversary of CHAN International Ministries in Bulacan province, and the continued global reach of my website and blog at www.CarloCarrasco.com to name some.

There were also big breakthroughs that happened in this very divided world we live in. I am thankful to our Lord that Benjamin Netanyahu return as Prime Minister of Israel as he and his coalition partners won a clear majority of the seats of the Knesset during their national elections months ago. Over in the United States, the Supreme Court struck down Roe v. Wade (legalized abortion) and I personally refer to that at the June 24, 2022 miracle in America. I prayed for Netanyahu’s return to power and the fall of Roe v. Wade, and the Lord answered! For those reading this, I encourage you to pray to the Lord in your room with the door shut. Pray in tongues to Him always.

Speaking of my website, I am thankful to our Lord and also happy to share with you what was achieved in 2022. For the full year of 2022, www.CarloCarrasco.com attracted over 160,000 hits (page views) worldwide and the Top 5 nations of users/readers were from my native Philippines at #1 followed by Cambodia (the host of the 2023 Southeast Asian Games), the United States, India and the United Kingdom. In terms of online visitors, over 122,000 worldwide were attracted in 2022. The single biggest month in terms of page views was December 2022 with over 17,000 hits.

With regards to how many hits were counted for my website in terms of lifetime (starting January 4, 2019), more than 800,000 hits worldwide were counted as of December 31, 2022. I am aiming for the milestone 1,000,000 hits mark.

As such, I would like to express my thanks to all the readers and Internet users who visited my website and blog for news, Christian teachings, Christian music appreciation, entertainment, special features and other content. I also want to thank the local government units, the homeowners’ associations, local churches, the local news media outlets and other private entities for sharing content and letting me magnify or publicize them through my website. For this new year, I have some new special feature articles planned for publishing.

To those of you who enjoy my website, be reminded that I am accepting donations online to keep it running and to keep more content coming in to not only entertain you but help you and enlighten you all. Visit https://carlocarrasco.com/donate/ to donate online.

For 2023 and the future, I urge all of you readers to never lose faith in the Lord no matter how good or bad your situation is. Jesus is our Lord and Savior and no matter what happens, we must always rejoice with Him.

Rejoice in the Lord always. Again I will say, rejoice!

Philippians 4:4 (NKJV)

If you are hurting and you need healing badly, come to Lord Jesus with unwavering faith in Him.

Now a certain woman had a flow of blood for twelve years, and had suffered many things from many physicians. She had spent all that she had and was no better, but rather grew worse.  When she heard about Jesus, she came behind Him in the crowd and touched His garment. For she said, “If only I may touch His clothes, I shall be made well.”

Immediately the fountain of her blood was dried up, and she felt in her body that she was healed of the affliction. And Jesus, immediately knowing in Himself that power had gone out of Him, turned around in the crowd and said, “Who touched My clothes?”

But His disciples said to Him, “You see the multitude thronging You, and You say, ‘Who touched Me?’”

And He looked around to see her who had done this thing. But the woman, fearing and trembling, knowing what had happened to her, came and fell down before Him and told Him the whole truth.

And He said to her, “Daughter, your faith has made you well. Go in peace, and be healed of your affliction.”

Mark 5:25-34 (NKJV)

Ultimately, Jesus is the way, the life and the truth that we must follow with unwavering faith.

Jesus explained, “I am the Way, I am the Truth, and I am the Life. No one comes next to the Father except through union with me. To know me is to know my Father too.”

John 14:6 (TPT)

Always remember to maintain unwavering faith in our Lord and Savior Jesus to move on with 2023 and beyond. Reject the evil ways of the world, push the idols out of the way, and reject religion, atheism and secularism so that you can clear your path of faith in the Lord and make room for Him in your heart. Always be the fearless and aggressive church of Lord Jesus!

Once again, Happy New Year!

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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/.

SEC sues companies for operating unregistered online lending platforms

SEC sues companies for operating unregistered online lending platforms

carlocarrasco

Online lending firms here in the Philippines have been reported for alleged violations that include harassing clients (click here and here). Very recently, the Securities and Exchange Commission (SEC) sued companies for operating online lending platforms that were allegedly unregistered, according to a 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 Securities and Exchange Commission (SEC) has has filed criminal complaint against Suncash Lending Investors Corp., UCash Lending Investors Corp., Suncredit.ph Finance Corp., and ECredit Finance Inc. for operating unregistered online lending platforms (OLPs).

The SEC Enforcement and Investor Protection Department (EIPD) filed the criminal complaint against Suncash, UCash, Suncredit and Ecredit before the Department of Justice (DOJ) last December 20.

The firms’ failure to disclose their online lending applications (OLA) is in violation of the Lending Company Regulation Act (LCRA) and the Financing Company Act (FCA).

The Commission implicated Qi Lu, the president of Ecredit, Suncash, and Suncredit, who was also found to be the beneficial owner of Suncash alongside Zhu Junfeng. Junfeng is also a director of the three other companies.

Also implicated in the complaint were other incorporators, directors and officials of the companies, including Chang Yuting, Joyclyn V. Pelayo, Chang Tao, Bryan Dordas Pelayo, Jasmin Tabjan Vianzon, Jayson Lee, Meng Jie, Xiaofang Song, Danilo Felicilda, Roger Publico, Yaping Liu, Xianming Tian, Shiling Xu, Xiaobo Pan, Sheila Pagkalinawan, and Xiaojing Luo.

The EIPD, together with the Philippine National Police Anti-Cybercrime Group (PNP-ACG), Eastern District Anti-Cybercrime Team, Manila Police District, and the Special Weapons and Tactics Philippines (SWAT), previously implemented a warrant to search, seize, and examine computer against Suncash, as part of the SECs crackdown against unregistered lenders.

The Makati Regional Trial Court Branch 147 issued the search warrant against Suncash upon several complaints received by the PNP-ACG and the SEC against the company.

During the implementation of the search warrant, it was discovered that other lending companies, including Ucash, Suncredit, and Ecredit, had been operating alongside Suncash in its headquarters in Sampaloc, Manila.

The joint operation resulted in the arrest of 83 individuals, identified as operators, managers, employees, and agents of Suncash.

The Commission found that Suncash operated unregistered online lending platforms (OLPs), defying Sections 12(2)(a) 12(3)(a) of the LCRA, in relation to SEC Memorandum Circular No. 19, Series of 2019 (SEC MC 19), providing the Disclosure Requirements on Advertisements of Financing Companies and Lending Companies and Reporting of Online Lending Platforms.

SEC MC 19 requires lending and financing companies to report all their existing OLPs to the Commission.

Records show that Suncash had been operating three unregistered OLPs, namely Suncash, Flashloan, and Peso Pautang, contrary to what is stated in its affidavit of compliance that it operated no other OLP than Suncash.

The EIPD also said that Suncash operated the unregistered OLPs to circumvent and defy the moratorium imposed on the registration of new OLPs effective November 5, 2021, as per SEC Memorandum Circular No. 10, Series of 2021.

Meanwhile, Ucash filed an affidavit for the operation of its OLP on December 7, 2022, when the moratorium on new OLPs was still in effect.

Further, the EIPD charged Suncredit and Ecredit for violation of Sections 14(1)(a) and 14(2)(a) of the FCA, in relation to SEC MC 19. Suncredit and Ecredit were found to be the operators of Peso Pautang and Flashloan, respectively.

The Commission also noted that all the companies engaged in abusive, unethical, and unfair debt collection practices, in violation of SEC Memorandum Circular No. 18, Series of 2019, or the Prohibition on Unfair Debt Collection Practices of Financing Companies and Lending Companies.

Let me end this piece by asking you readers: What do you think about this recent development? Which among the reported companies sound familiar to you? Do you personally know anyone who borrowed money from an online lending firm and got harassed through communication because he or she was unable to settle the debt? Do you plan to borrow money from any online lending firm anytime soon?

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

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