Philippine News Agency (PNA) – Page 2

Philippines Secures Investments Worth Over P50 Billion From Japan

September 24, 2025September 15, 2025carlocarrasco

Japanese business entities confirmed they will be investing more than P50 billion in the Philippines following the recent meetings with and presentations by a Filipino delegation composed of government and economic officials, according to a news article by the Philippine News Agency (PNA).

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

The Philippine delegation secured around PHP51 billion worth of investments during its trip to Osaka, Japan, last week, according to Department of Trade and Industry (DTI) Secretary Cristina Roque.

The bulk of the investments, amounting to PHP34 billion, is from the operator of the world’s largest karaoke chain, Koshidaka Holdings Co., Ltd., which intends to open 300 outlets over the next 10 years.

In a press release Monday, Roque said this particular investment is projected to generate over 1,500 direct jobs and support thousands through construction and supply-chain activities.

Another conglomerate, Marubeni Corporation, committed PHP15-billion investments for real estate, financial technology, healthcare, and afforestation.

Sojitz Corporation, a general trading corporation, will also invest PHP2 billion to PHP3 billion in a property developer to attract firms that are into artificial intelligence, semiconductor design, software, and healthcare, and expressed interest in aviation-related projects.

Roque said Mitsui & Co., a major Japanese trading company, will expand its existing investment in the Philippines after it reaffirmed its partnership with Metro Pacific Investments Corp. and Steel Asia for a steel recycling entity targeted to support decarbonization bid.

“These commitments in green energy, smart housing, healthcare, and creative services highlight the strength of our partnership with Japan. DTI and the Economic Team will work together to ensure these projects generate quality jobs, strengthen supply chains, and advance the country’s shift to a green, digital, and broad-based economy,” she said.

“These investments are a testament to President Ferdinand R. Marcos Jr.’s vision for an agile, innovation-driven economy that welcomes partnerships and delivers inclusive growth.”

Let me end this post by asking you readers: What is your reaction to the recent developments? Are you delighted that the Philippines secured P51 billion worth of investments from Japanese business entities? Do you think this will help the Philippines attract more foreign investments over the next six months?

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

+++++

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

Deadline For E-Commerce Trustmark Registration In The Philippines Set On September 30, 2025

September 20, 2025September 11, 2025carlocarrasco

Here in the Philippines, businesses that have established their presence online are supposed to get themselves registered for the E-Commerce Philippine Trustmark (Trustmark) and they have until September 30, 2025, to do it, according to a news article by Philippine News Agency (PNA).

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

Businesses with online presence are given until Sept. 30, 2025 to register for the E-Commerce Philippine Trustmark (Trustmark), a move aimed to address consumer concerns, the Department of Trade and Industry said Thursday.

Online merchants are mandated by the DTI, in a Department Administrative Order, to register for the Trustmark to increase consumers’ confidence on the electric commerce (e-commerce) space and in compliance to Republic Act 11967, otherwise known as the Internet Transactions Act of 2023.

“The mandatory registration is also a direct response to the surge in consumer concerns, with DTI recording over 13,000 complaints related to online transactions from January to August 2025,” DTI said in a press release Thursday.

Under the Internet Transactions Act of 2023, consumers may file damage claims against the erring online businesses before the court or the DTI. Penalties have been set, with the third and subsequent violations penalized PHP1 million.

DTI said it has already issued digital badges to several major entities that include Shopee Philippines, Inc. (Shopee), Bytedance Philippines Inc. (TikTok Shop), Lalamove Philippines, Inc. (Lalamove), and LG Electronics Philippines, Inc. (LG).

The others are Asahi Electrical Manufacturing Corporation (Asahi), Cherenz Global Mfg., Inc. (TOUGHMAMA), Concepcion Midea, Inc. (Midea), Concepcion Carrier Air Conditioning Company (Carrier), First Digital Finance Corporation (Billease), Mailtag Ortigas Corporation (DHL Express), Pan-Eurasia Sales Marketing Corporation (Dowell, Edamama and Tefal), QuadX Inc. (Gogo Xpress and ShippingCart), and Tosot Philippines Corporation (Tosot).

Let me end this post by asking you readers: What is your reaction to the recent developments? Do you think Trustmark will is good for both the legitimacy of businesses as well as the safety of consumers? Do you own a business with online presence?

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

+++++

PDEA Arrests 3 Suspects in Parañaque City and Seizes P3.4 Million in Illegal Drugs

September 11, 2025September 4, 2025carlocarrasco

Recently in the city of Parañaque, agents of the Philippine Drug Enforcement Agency (PDEA) arrested three drug suspects and seized illegal drugs worth more than P3 million, according to a news article by the Philippine News Agency (PNA).

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

Three drug suspects have been arrested and PHP3.4 million worth of illegal narcotics have been seized in an anti-drug operation in Parañaque City, the Philippine Drug Enforcement Agency (PDEA) said on Tuesday.

In a statement, PDEA said the buy-bust operation took place around 11:36 a.m. Monday in Barangay Tambo.

During the transaction, the PDEA arrested “Nards” along with two accomplices, “Chris,” 46, and “Lon,” 42. The seized narcotics had a total weight of over 500 grams.

The PDEA said the primary target was an individual operating under the alias “Lex,” 29, who has been identified as a high-value pusher.

The confiscated illegal substances will be forwarded to PDEA laboratory and will undergo qualitative and quantitative examinations.

Let me end this post by asking you readers: What do you think about this recent development? If you are a resident of Parañaque, do you think that drug pushers will continue to do their illegal activities in the city? Do you think drug-related crimes will only get worse over the next six months?

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

+++++

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

Parañaque Congressman Yamsuan Encourages Use of Technology With Transparency In Mind

September 9, 2025September 9, 2025carlocarrasco

In this age of social media and smartphones, achieving transparency is more crucial than ever. Recently, Parañaque City’s 2^nd District Representative Brian Yamsuan reached out to his fellow lawmakers to use digital tools to establish bridges of transparency and close the gap between people and their government, according to a Philippine News Agency (PNA) news article.

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

Parañaque 2nd District Rep. Brian Raymund Yamsuan has called on fellow lawmakers to leverage digital tools to build “bridges of transparency” that will heighten awareness about state-funded services, strengthen public trust, and bring government closer to the people.

Instead of relying on traditional and often tedious modes of delivering public services, Yamsuan said government officials should learn to adapt and take advantage of digital solutions to make such processes simple, fair, and convenient for potential beneficiaries.

“In this digital age, information is no longer confined to the halls of government or the pages of textbooks –it flows through the screens and smartphones of every Filipino. And with that flow comes an opportunity: an opportunity to connect, to inform, to empower, and above all, to build trust,” Yamsuan said in a privilege speech on Monday.

He said the Philippines’ distinction as the world’s social media capital with 97.5 million internet users illustrates how Filipinos have become heavily reliant on online platforms in getting information, which the government can capitalize on to connect with citizens and make them aware of its various programs and projects.

“The government, and we public servants, are often criticized for not doing enough to address problems or bridge gaps. But sometimes the issue is not the lack of programs, but the lack of awareness,” the vice-chairperson of the House Committee on Public Information said.

“As representatives of our respective districts and sectors, we are in a prime position to be part of the solution. We can take the lead in providing information that is easily digestible and understandable, and most importantly, information that is relevant to the needs of our constituents.”

He said delivering the “right information and the right services” to Filipinos can help regain public trust and confidence in “our institutions because people would be able to see and feel that they have a government they can rely on.”

Pointing out the lack of public awareness about government support programs, Yamsuan cited a Social Weather Stations (SWS) survey which showed that while over 93 percent of Filipinos know about the Pantawid Pamilyang Pilipino Program (4Ps), only 34 percent were aware of the Assistance to Individuals in Crisis Situations (AICS) program.

A nationwide survey conducted in 2023 by the research firm Capstone-Intel also showed a lack of knowledge about the various initiatives of the Department of Health (DOH), with only 45 percent of the survey participants being aware of the Universal Health Care program, he said.

Let me end this post by asking you readers: What do you think about this recent development? If you are a resident of Parañaque, do you like what Congressman Yamsuan has been doing since he took office? Do you think there is hope that social media will be used for transparency and cooperation instead of tribalism-related division?

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

+++++

Five Suspects Arrested and Illegal Drugs Worth Over P3 Million Seized in Parañaque City

August 29, 2025August 20, 2025carlocarrasco

Recently in the City of Parañaque, local police officers arrested five people and seized more than P3 million worth of illegal drugs as a result of a successful buy-bust operation, according to a news article by the Philippine News Agency (PNA).

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

Five suspects, including two high-value individuals (HVIs), were arrested in anti-drug operations in Parañaque City early Tuesday, with authorities confiscating PHP3.2 million worth of suspected illegal drugs.

In a statement, Southern Police District (SPD) acting director Brig. Gen. Randy Arceo said alias Christian, 28, and Symon, 29, both HVIs; along with Renmer, 26, Jackylyn, 21, and Christine, 26, all classified as street-level individuals (SLI), were arrested during a buy-bust operation inside a condominium unit at Pacific Coast Plaza in Barangay Tambo around 5:10 a.m.

Arceo said SPD operatives seized from the suspects 200 grams of suspected ketamine valued at PHP1.1 million; 1,000 grams of suspected marijuana kush worth PHP700,000; 500 grams of suspected dried marijuana leaves valued at PHP60,000; and 791 pieces of suspected ecstasy tablets with an estimated worth of PHP1.34 million, for a total street value of PHP3.20 million.

Also recovered were the PHP2,000 buy-bust money, a weighing scale, a storage box, and a cellular phone believed to have been used in the drug trade.

National Capital Region Police Office (NCRPO) chief Maj. Gen. Anthony Aberin Aberin underscored the determination of the police force to combat the proliferation of illegal drugs.

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 illegal drugs could be flowing into your local community? Do you think crime involving illegal drugs have been worsening in Parañaque?

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

+++++

Philippines Business Process Outsourcing (BPO) Sector and Government React To Keep Call Centers in America Act of 2025

August 28, 2025August 27, 2025carlocarrasco

It is not surprising that both the Business Process Outsourcing (BPO) sector of the Philippines and the Department of Trade & Industry (DTI) reacted to the filing of the Keep Call Centers in America Act of 2025 which was filed in the United States Senate, as reported separately by BusinessWorld, BusinessMirror and the Philippine News Agency (PNA).

For the newcomers reading this, the Philippines BPO sector (sometimes referred to simply as the call center industry even though many local firms have gone beyond taking calls) is now a major part of the national economy with more than 1.7 million Filipinos employed, $35 billion in annual export revenues and the United States of America (USA) alone is the single largest market with 2024 export revenues reported at $25 billion (reported by BusinessMirror).

In the Filipino perspective, call centers are very important because they offer a lot of high-paying jobs for Filipinos who badly need employment. The so-called call center effect on local society and economics includes new stores and food vendors opening up nearby, the opening of new convenience stores operating 24/7, the established restaurants nearby serving customers around-the-clock, and the opening of new branches of banks. Of course, the income Filipinos earned from their BPO jobs enabled them to acquire new things, pay their bills, subscribed to digital services, and move into better residences while helping their families make ends meet.

Having been a call center agent myself a very long time ago, I have witnessed such socio-economic developments happen whenever a call center is present and I was in Cebu province.

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

Diversification will help cushion the possible impact of the proposed “Keep Call Centers in America Act,” aimed to protect local jobs by removing federal grants to companies that have call centers outside the United States.

The business process outsourcing (BPO) industry contributes a big part to the Philippine economy, with employment of around 1.4 million in 2024 and revenues of about USD38 billion. Around 70 percent of clients are based in the US.

Department of Trade and Industry (DTI) Secretary Cristina Roque said there are no discussions yet with officials of the Information Technology and Business Process Association of the Philippines (IBPAP) but expressed openness to talk about possible measures to help the sector.

“But for us, (the) DTI, of course, we’ll continue to help the IT-BPO (and) IBPAP businesses in whatever they need from us. Of course, we’ll assist the same way we’ve assisted in the past,” she said.

“We can’t just look at the US as the only market. The world is the market. If you look at their population as compared to the world, it will show you that we should really find other avenues to explore.”

Next, the Information Technology and Business Process Association of the Philippines (IBPAP) confirmed it is still evaluating the potential impact of the Keep Call Centers in America Act of 2025. For insight, posted below is an excerpt from the BusinessWorld report. Some parts in boldface…

THE IT & Business Process Association of the Philippines (IBPAP) said it is still evaluating the potential impact of the proposed Keep Call Centers in America act.

“It talks about US call centers so I really do not know who that will affect with the way that it is worded,” IBPAP President and Chief Executive Officer Jonathan R. Madrid said on the sidelines of an ECCP AI Forum.

“We need to understand it a little bit more. I think I know what their intention is. But I don’t know the likelihood of this passing. Obviously it is something we are monitoring, and with the way that it is worded, we need to study it more,” he added.

Introduced in the US Senate last month, the bill aims to impose restrictions on US firms outsourcing their call center operations.

In particular, the bill, if signed into law, will render employers outsource call center work overseas ineligible for new federal grants or guaranteed loans.

“I am speaking to the American Chamber of Commerce; we are discussing it and we will see. But we are all aligned on how we will manage this,” he said.

“While the bill is still in the early stages of the legislative process, we remain committed to keeping our stakeholders informed, providing timely guidance, and ensuring that the Philippine IT-BPM industry is well-positioned to adapt and thrive in a changing regulatory environment,” he said.

Philippine Institute for Development Studies Senior Research Fellow John Paolo R. Rivera said that the proposed bill poses a “clear risk to the Philippine IT-BPM industry, especially in the call center segment.”

“By restricting access to US federal grants, contracts, and loans for companies that offshore customer service jobs or do not properly disclose them, the bill raises the regulatory and reputational costs for offshore operations,” he said via Viber .

He said the Philippine industry has been evolving beyond voice-based call centers, which are less exposed to call center-specific legislation.

“We now see strong growth in high-value services such as finance, healthcare information management, legal process outsourcing, software development, and data analytics,” he said.

With the US Senate’s proposal to bring back call centers to the US, he said that the Philippines must continue to move up the value chain to reduce exposure to such policies.

“While the bill underscores vulnerabilities in our call center export model, it also reinforces the importance of accelerating investment in high-value, tech-enabled services where the Philippines can maintain global competitiveness,” he added.

Rizal Commercial Banking Corp. (RCBC) Chief Economist Michael L. Ricafort said the bill could be “a potential drag on future growth of the industry.”

For this year, the IT-BPM industry is expected to generate $40 billion in export revenue and increase its workforce to 1.9 million.

To examine the details of the Keep Call Centers in America Act of 2025, click here and here.

Let me end this post by asking you readers: What is your reaction to the recent developments? Do you think the IT-BPM sector of the Philippines has what it takes to protect itself from whatever effects the Keep Call Centers in America Act of 2025 could create if ever it gets signed into law? Do you personally know anyone who is working in a BPO firm or a call center here in the Philippines? What kind of assistance do you think the national government will offer to the IT-BPM sector? Do you think the existing call centers should search for English-speaking clients in England, Ireland, Scotland, Israel and the like?

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

+++++

Philippines Department of Tourism Condemns Fatal Shooting of Two Japanese Nationals

August 27, 2025August 19, 2025carlocarrasco

As the Philippines continues to experience difficulty attracting foreign tourists, a tragedy struck two Japanese nationals in the City of Manila which led to the Department of Tourism’s (DOT) condemnation of the fatal shooting committed by motorcycle-riding assailants, according to a news article by the Philippine News Agency (PNA).

For the newcomers reading this, Japan accounted for 444,528 visitors in the Philippines for the year 2024 which was a huge growth over the 2023 numbers.

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

The Department of Tourism (DOT) on Tuesday strongly condemned the fatal shooting of two Japanese nationals in Manila.

In a statement, the agency extended its sympathies to the families and called on law enforcement agencies to conduct a “swift and thorough” investigation into the incident.

“Tourism, a vital pillar of livelihood for millions of Filipinos, heavily depends on creating and maintaining conditions of peace, safety, and security,” the statement read.

“We note with deep concern that recent events have already prompted advisories from foreign embassies in the country’s top visitor source markets, which could adversely affect tourist confidence and the Philippines’ image as a safe and welcoming destination,” it added.

The DOT is working with relevant agencies, including local governments and stakeholders, to reinforce security measures for visiting foreigners.

“[T]he Department also continues to coordinate with its Regional Offices, local government units, and tourism stakeholders to reinforce protective measures, reassure foreign and domestic visitors, and safeguard the tourism industry that sustains so many Filipino families,” it said.

The two Japanese were shot by motorcycle-riding assailants while exiting a taxi along Malvar Street in Manila on Aug. 15.

The Manila Police District on Monday said one suspect has been taken into custody while another person of interest has been identified in connection with the robbery with homicide.

Let me end this post by asking you readers: What is your reaction to this recent development? Do you think the fatal shooting of the two Japanese nationals in Manila is already heavily damaging the Philippines’ standing as a tourist destination? Do you think that people in Japan are already turned off by the tragedy of August 15?

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

+++++

I Love Israel: Israel Sees the Philippines as Emerging Market for Cybersecurity Solutions

August 22, 2025August 13, 2025carlocarrasco

Recently, Israel and its technology and cybersecurity companies saw potential in the Philippines as an emerging and interesting market for cybersecurity solutions, according to a Philippine News Agency (PNA) news article. Israel also noticed the Philippines’ strong potential for long-term business partnership.

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

The Israeli Embassy to the Philippines as well as Israeli technology and cybersecurity companies on Tuesday acknowledged the potential of the country as an emerging market for cybersecurity solutions.

In a cyber roadshow initiated by the Israel Economic Mission to the Philippines held in Taguig on Tuesday, Economic Counsellor Ofek Venecianer highlighted the country’s rapid digital transformation, cyber threat exposure, and its strong potential for long-term business partnership.

She also cited President Ferdinand R. Marcos Jr.’s speech during his recent State of the Nation Address (SONA), wherein he stressed the need for digitalization for the Philippines to keep up with its neighboring countries and do business with them.

In an interview, Venecianer said the level of interest from Israeli cybersecurity firms in the Philippine market is “one of the highest in Asia,” with many Israeli companies actively seeking to enter or expand in the country.

Venecianer cited Israel’s security situation, which she said led to it being one of the countries with the most advanced technology.

“It is very natural for Israel to look towards the US and Europe, but now Asia is a growing market and the Philippines specifically is really an interesting market for them,” she said.

“They really understand the potential in the market and they are approaching us actively to have our assistance in entering the Philippine market, but I also [look at] it the other way around, with Philippine entities and agencies from the government and the private sector reaching out and seeking cybersecurity solutions.“

Eight Israeli companies specializing in various cybersecurity fields, from cloud and data protection to securing physical devices, joined the event to meet with government agencies, private companies, and academic institutions.

Venecianer said some of these companies already have local partners, while others are considering expanding operations in the Philippines.

Israel Deputy Ambassador Ester Buzgan, meanwhile, cited the importance of the similarities in the cultural orientation of Israelis and Filipinos. She also pointed to the Philippines’ English proficiency and strategic role in Southeast Asia as factors that make it more attractive for Israeli firms.

“We do business with friends, and Filipinos and Israelis share that connection of trust,” Buzgan said.

In opening the event, Ambassador-designate Dana Kursh said the Philippines’ ongoing digitalization presents a critical opportunity to integrate strong cyber safeguards at the outset. She also cited the long-standing relationship between the Philippines and Israel, making the country attractive to Israeli companies.

“I think that what connects both of our people is basically three F’s —family, friendliness, and faith. It’s something that connects us, and its something that is present both in the Philippines and in Israel,” Kursh said.

This newest development shows the continuing growth of Israel-Philippines ties with cybersecurity in mind. Here in the Philippines, a lot of scammers are still hounding Filipinos through email and mobile devices, and some people became victims of cybercrime. These trends and unfortunate events only show that the Philippines still needs to do more to ensure cybersecurity not only for the citizens but also for enterprises of all sizes. That being said, a strong engagement with the Jewish state on cybersecurity will be beneficial to the Filipino people. Also beneficial is the increased trade and Israeli investments coming in once cybersecurity gets better.

To my fellow Filipinos reading this, I encourage you to accept the truth that Israel is the land God designated specifically for the Jewish people (read Genesis 35:10-12) and His command must be followed without hesitation. If you want to be blessed further by the Lord, do so by loving and blessing the Jewish people (Genesis 12:1-3). I did my part when I was in Israel. Also, let me remind you all that the ties between the Jews and Christians are truly biblical!

I encourage you all to pray to the Lord God in support of Israel, to love and bless the Jewish people, and pray for the peace of Jerusalem. Pray to Him so that Israel-Philippines ties and cooperation will keep growing stronger and more resilient no matter what happens around the world.

If you truly believe in Lord Jesus, the Holy Spirit and God the Heavenly Father wholeheartedly and you continue to be faithful, you should be aware that Christians are meant to stand united with Israel and love the Jewish people no matter what. You can do your part supporting Israel by donating to Christians United for Israel (CUFI). Do not forget to read the Holy Bible, then pray in tongues to the Lord in the privacy of your room with the door shut.

Always be the fearless and aggressive church of Lord Jesus! Always stand in support of Israel and its ties with the Philippines!

+++++

Four Chinese nationals arrested in Parañaque City over kidnapping

August 13, 2025August 4, 2025carlocarrasco

Recently in the city of Parañaque, local law enforcers arrested four Chinese nationals over the kidnap of a fellow Chinese national, according to a Philippine News Agency (PNA) news article. The suspects previously operated as money changers targeting those who exchanged large amount of money.

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

Four Chinese nationals were arrested over the weekend for allegedly kidnapping a fellow Chinese citizen, Philippine National Police (PNP) chief Gen. Nicolas Torre III announced on Monday.

In a press briefing at Camp Crame, Torre said the four suspects were arrested on Saturday by members of the PNP’s Anti-Kidnapping Group (AKG) at a resort-casino in Parañaque City.

He said the group operated as money changers who would target individuals exchanging large amounts of money.

“Matagal na kasi established itong apat, kilala na ito na mga money changer (These four have been established for a long time and are known as money changers),” he added.

AKG director Brig. Gen. Glicerio Cansilao said the 30-year-old male victim, while in captivity, managed to a discreetly call a friend through a borrowed mobile phone. The friend then called law enforcement authorities via 911.

Upon arrival at the hotel room, AKG operatives found six individuals —the four suspects, the victim, and a female Chinese national who also turned out to be a victim.

It was also learned that the male victim was physically harmed and forced to transfer an approximate amount of US$50,000 from his cryptocurrency wallet as part of ransom for his freedom.

The suspects are temporarily detained at Camp Crame and have already undergone inquest proceedings for charges of kidnapping and serious illegal detention.

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 still be a lot of criminal activities committed by Chinese nationals? Do you consider Parañaque a hot spot of criminal activities involving Chinese nationals?

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

+++++

Philippines inflation rate falls below 1% in July 2025

August 12, 2025August 5, 2025carlocarrasco

After the slight rise recorded in June 2025, the inflation rate of the Philippines fell below 1% this past July, according to news article by the Philippine News Agency (PNA).

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

The country’s inflation or the rate of increase in the prices of goods and services reversed its path in July 2025 after decelerating to 0.9 from month-ago’s 1.4 percent, driven primarily by the slower upticks in electricity rates and prices of liquefied petroleum gas (LPG).

The latest inflation figure, the lowest since October 2019’s 0.6 percent, brought the average in the first seven months this year to 1.7 percent, still below the government’s 2 to 4 percent target.

National Statistician Claire Dennis Mapa, in a briefing Tuesday, said food and non-alcoholic beverages also contributed to the lower inflation rate last July due to lower price increases of several items like rice, vegetables, tubers and cooking bananas; and fuel prices.

He said a continued drop in rice prices is seen to result in slower uptick for this particular item for the rest of the year, despite the proposal to stop rice importation and increase tariff to protect local farmers.

The government increased rice importation and lowered rice tariff from 35 percent to 15 percent for a period, starting in the second half of 2024 until 2028 to address rice price hikes.

This resulted in lower rice inflation, from 14.7 percent in August 2024 to 0.8 percent in December last year. Mapa forecast rice inflation to remain in negative territory for the next four months.

“The expectation is negative average rice inflation for the whole year,” he said in a mix of Filipino and English.

In terms of the impact of recent typhoons, Mapa said prices of vegetables have inched up in the second half of July, which is normal during typhoon season.

While inflation is seen to remain low, he pointed out that there are threats such as the higher prices of pork products, due to the impact of African swine fever; higher demand for chicken meat, as an alternative to pork, and rising prices of fish.

Deflation in low-income households – With the government is offering cheaper rice to the vulnerable sector, inflation rate for the bottom 30 percent income group as of July slipped to -0.8 percent from the year-ago’s 5.8 percent, the Department of Economy, Planning, and Development (DEPDev) noted.

Aside from rice, other contributors to the lower inflation rate for the bottom 30 percent income group are slower upticks in the prices of corn and vegetables and tubers, it said.

“The sustained drop in rice prices and the easing of inflation for low-income households are clear signs that our interventions are working. This not only helps Filipinos preserve the value of their peso but also builds confidence for businesses and consumers to plan ahead,” DEPDev Secretary Arsenio Balisacan said.

“While we expect the overall inflation for 2025 to remain favorable and supportive of domestic demand, we remain vigilant against external risks, including global policy shifts and geopolitical tensions,” he said.

Let me end this post by asking you readers: What is your reaction to this recent development? Do you think there is a chance that the inflation rate of the Philippines will remain below 1% for the rest of 2025? Do you think the deflation of rice will continue going into 2026?

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

+++++

	Shaman Tiers on A Look Back at Fatale #1 …
	Luke on Trump Administration Weighs Hi…
	Instapundit »… on Trump Administration Weighs Hi…
	Roaming Rhonda on Christian Music Appreciation:…
	Instapundit »… on Trump Administration Rescued O…

Share this:

Share this:

Share this:

Share this:

Share this:

Share this:

Share this:

Share this:

Share this:

Share this: