SEA Games medalists Casares and Alcoseba dominate National Age Group Triathlon (NAGT) series opener at Subic Bay

Filipino-Spanish Fernando Jose Casares displayed his awesome form to claim victory in the sprint men’s elite category of the National Age Group Triathlon (NAGT) Series at the Subic Bay Metropolitan Authority on Sunday.

Casares, born in Madrid to a Spanish father and a Filipino mother, clocked 57 minutes and 16 seconds to prevail over Cebu City’s Matthew Justine Hermosa (57:34) and Andrew Kim Remolino (59:12) in the swim (750m)-bike (20km)-run (5km) event.

“The competition was tough. My rivals are strong. But I am determined to win,” said the 26-year-old Casares, who also ruled the same category at the National Duathlon Championships at the New Clark City Sports Complex in Capas, Tarlac last December.

Casares earned the standard distance swim (1.5km)-bike (40km)-run(10km) gold medal at the 2022 Vietnam SEA Games. He pocketed the mixed relay gold medal with Chicano, Kim Mangrobang and Claire Adorna at the 2019 Manila SEA Games.

Cebu City’s Raven Faith Alcoseba topped the women’s category in 1:04:36, beating Erika Nicole Burgos (1:08:03) and Karen Manayon (1:08:25).

Alcoseba, who hails from Talisay City, also won the sprint gold medal the duathlon competition in New Clark City last year.

Meanwhile, Dayshaun Ramos and Kira Ellis were crowned champions in the junior elite division of the tournament organized by the Triathlon Association of the Philippines (TRAP) headed by Tom Carrasco Jr.

Ramos won the men’s category in 1:01.56 while Akio Habana (1:03:43) and Aidanreed Mercado (1:03:51) finished second and third, respectively.

In the women’s category, Ellis posted 1:05:51 to grab the gold medal. Gene Heart Quiambao (1:06:15) took the silver medal and Lady Samantha Jhunace Corpuz (1:07:18) settled for the bronze medal.

“This tournament is part of our national athletes’ preparation for the Cambodia SEA Games in May,” Carrasco said after the awarding ceremony.

Other tune-up events lined up for the team are the National Aquathlon Championships at Vermosa (Cavite) in March and the Subic Bay International Triathlon in April.

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Note: The above press release and details were sourced from the Triathlon Association of the Philippines (TRAP). Some parts were edited for this website.

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/.

Lounge for OFWs at NAIA Terminal 3 will be built

For the many Filipinos working overseas and supporting their families back home, a lounge at the Ninoy Aquino International Airport (NAIA) Terminal 3 will be built and eventually opened specifically benefiting the OFWs (overseas Filipino workers), the Manila Bulletin reported.

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

A dedicated lounge for overseas Filipino workers (OFWs) will soon be built at the Ninoy Aquino International Airport (NAIA) Terminal 3.

Cesar Chiong, general manager of the Manila International Airport Authority (MIAA) that operates NAIA, shared this development to congressmen during a recent briefing of the House Committee on Transportation.

Chiong said that the Overseas Filipino Workers Welfare Administration (OWWA) and Department of Migrant Workers (DMW) have already come to an agreement on the matter.

“We met with the OWWA representatives, we’ve already identified the area sir and we’re working on the project so matutuloy na po yun sir (so this will push through),” Chiong said during the interpellation of Zamboanga Sibguay 1st district Rep. Wilter Palma in the briefing Wednesday, Jan. 18.

Palma, in a previous panel briefing, asked the MIAA to set up amenities that OFWs–our so-called “modern-day heroes”–could use whenever they have to wait for flights, or if their flights get cancelled.

The Mindanao lawmaker welcomed the development and asked Chiong for a timetable on the OFW lounge.

“Magsa-submit po kami ng more detailed timeline sir (We will submit a more detailed timeline sir) after the detailed discussions with OWWA,” the MIAA chief told Palma.

“Inuna lang po namin sir is yung area pati ho yung location (We just prioritized the area and the location) because we’ve identified the location to be near the government center,” Chiong added. He said the lounge will be on the left side of Terminal 3, when one is facing the terminal.

Let me end this piece by asking you readers: What is your reaction to this recent development? If you are an OFW reading this, what do you think about the planned Terminal 3 lounge?

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

Philippines Finance Secretary Diokno says the national economy is resilient enough to face post-pandemic world

Recently in a high-level economic meeting in Germany, Philippines Finance Secretary Benjamin Diokno declared that the national economy is resilient enough for the post-pandemic world and that the national government has been making adjustments, according to a news article published by the Philippine News Agency (PNA).

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

Finance Secretary Benjamin Diokno on Monday told foreign investors and business leaders that the Philippine economy is resilient enough and that the government is doing its best to address post-pandemic challenges.

Diokno made the remarks during the Philippine economic briefing attended by the economic managers in Frankfurt, Germany that was streamed through various government agency Facebook pages.

The Finance chief noted that inflation is also a concern in the Philippines just like in other countries, but measures are being undertaken by the government to address the issue, such as managing prices by ensuring adequate supplies of agricultural products, and boosting the agriculture sector’s capacity and productivity to help address the rising commodity prices, among others.

“We also are continuing the importation of necessary commodities to ease inflation,” he said.

The government has allowed the continued importation of rice, sugar, and meat, which are among the primary factor for the elevated food prices due to supply issues.

Relatively, Diokno assured investors that the government has put in place a fiscal consolidation program to address the uptick in government liabilities, due in part to the increased borrowing to finance pandemic-related programs.

He identified three factors that will support the government’s fiscal consolidation and one of this is the fact that “only a small fraction of our outstanding debt is exposed to interest rate resetting.”

This, as bulk of the government liabilities are sourced from domestic fund sources, with around 75 percent of the borrowing program allocated to the domestic market.

“We already have anticipated the tightening monetary policy conditions when we formulated the interest rate payments in the 2023 budget,” Diokno said.

He added that “government securities market is dominated by local players that are bank-centric and homogeneous in investment governance.”

Let me end this piece by asking you readers: What is your reaction to this new development? Do you believe that the economy of the Philippines is resilient enough for the post-pandemic age even as there are concerns about high inflation and economic slowdown around the world? Do you believe that the national government has what it takes to make key adjustments to unforeseen developments that could happen anytime? Are you convinced that foreign investors as well as foreign tourists will come into the Philippines in great numbers over the next eighteen months? How is your local government doing when it comes to economic developments like livelihood, jobs training and other related activities?

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

Las Piñas City chosen by Japan International Cooperation Agency (JICA), dredging technology test on local river to follow

Recently it was announced that the City of Las Piñas has been selected by the Japan International Cooperation Agency (JICA) as the site where they will test the floating amphibious excavator of Kochi Marutaka which means dredging on Las Piñas river, according to a Manila Standard news report.  

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

The Japan International Cooperation Agency (JICA) has chosen Las Piñas city for its pilot test of Kochi Marutaka’s floating amphibious excavator.

Sen. Cynthia A. Villar noted that this technology to be used in cleaning the Las Piñas-Zapote River and waterways in Las Piñas is new. The technology, Villar said, can do extensive dredging while floating in shallow waters of the river due to its remarkable buoyancy.

“There is no doubt that you have chosen well. In Las Piñas, under my guidance, we are serious and very persistent in our river clean-up and rehabilitation,” Villar,  chairperson of the Senate Committee on Environment and Natural Resources, said.

The senator, along with her daughter, Deputy Speaker Camille Villar, joined JICA Rep. Takuya Hashizume, DPWH- NCR Director  Loreta Malaluan and DPWH-Bureau of Equipment  Dir. Toribio Noel Ilao and Las Piñas- Muntinlupa District Engr. Isabelo Baleros, in the launching of JICA’s Verification Survey for the “Utilization of Floating Amphibious Excavator for the Construction Works On Disaster Management and Disaster Restoration in the Philippines.”

The project brief was given by Toru Asakura of CTI Engineering International Co., Ltd. and Hiroshige Takano , chairman of Kochi Marutaka Corporation, while Mikako Shimizu from JICA Philippine office and Tomohiro Matsubara from the Embassy of Japan in the Philippines gave their keynote speeches during the launch.

“I welcome events like this that cultivate solutions to the challenges we face to tackle disasters and mitigate its effects. As you know, the Philippines is one of the most vulnerable countries to disasters, it is frequented by around 20 typhoons per year,” Villar said.

She also pointed out the use of a floating amphibious excavator is also very much in consonance with her lifelong advocacies of cleaning our city’s rivers and waterways and of efficient waste management.

Prior to the project, the Japanese group approached the Las Pinas city government, seeing the efforts of Sen. Villar in cleaning the Las Piñas- Zapote River which bagged an international environment award given  by the United Nations.

The initiative to clean the said river and rid it of waterlilies that triggered floodings was under the so-called “Sagip Ilog Para Sa Kinabukasan.”

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 delighted over the news that the JICA chose Las Piñas City for testing the mentioned dredging technology? Do you think the dredging along the Las Piñas-Zapote river will reduce potential flooding?

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

NCAP for Metro Manila traffic violations cannot be implemented yet

As the Supreme Court here in the Philippines has yet to make a final decision about the legality of the No-Contact Apprehension Policy (NCAP), the local government units (LGUs) of Metro Manila cannot implement the said policy yet when it comes to traffic violations, the Manila Bulletin reported. Take note that the SC issued a temporary restraining order (TRO) against NCAP in August 2022.

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

Local government units (LGUs) in Metro Manila cannot implement the no-contact apprehension policy (NCA) for traffic violations while the two petitions challenging the policy’s alleged unconstitutionality are still pending with the Supreme Court (SC).

The SC issued on Aug. 30, 2022 a temporary restraining order (TRO) against NCAP and the order is enforceable until further orders from the High Court.

The SC wrapped up early tonight, Jan. 24, the legal debates on the two petitions. The first oral arguments were held last Dec. 6.

After the oral arguments, the parties to the cases were given a non-extendible period of 30 days from Jan. 24 to file their respective memorandum in amplification the issues tackled during the debates.

Given the complexities of the issues involved in the NCAP – modes of implementation like systems and mechanics, alleged exorbitant penalties for traffic violations, alleged violations of due process like pay first before complaining, and issues on privacy rights, among other things – the SC – legal quarters said – is not expected to resolve the petitions immediately after the 30-day period to file memoranda.

There were two petitions against the alleged unconstitutionality of NCAP which utilizes closed-circuit television and digital cameras to identify and apprehend traffic violators through videos and images of their violations.

Once a violation is detected and the plate number of the vehicle is recorded, the local government unit issues traffic citation tickets and mail them directly to the vehicle’s registered owner. Data on ownership of the vehicle is obtained from the Land Transportation Office (LTO).

Non-payment of fines within seven days would mean the subject vehicle cannot be re-registered by the owner.

NCAP in Metro Manila is operated by a private firm, QPAX Traffic Systems, Inc., which gets a share ranging from 60 to 70 percent of the total amount of fines collected by the LGUs for traffic violations.

In one LGU in Metro Manila alone, the SC was told that the city government had collected close to P200 million in traffic violation penalties before the enforcement of NCAP was stopped. Of the amount 65 percent had been remitted to QPAX which was reported to have invested only about P50 million for NCAP devices and equipment in that city.

The first petition was filed by the Kilusan sa Pagbabago ng Industriya ng Transportasyon, Inc. (KAPIT), Pangkalahatang Saggunian Manila and Suburbs Drivers Association Nationwide (Pasang-Masda), Alliance of Transport Operators and Drivers Association of the Philippines (ALTODAP), and Alliance of Concerned Transport Organization (ACTO).

They told the SC the implementation of NCAP is unconstitutional and thus invalid.

At the time the first petition was filed, the NCAP was being implemented in Metro Manila by the local governments of Quezon City, Manila, Valenzuela City, Muntinlupa City, and Parañaque City through their ordinances based on the 2016 resolution of the Metropolitan Manila Development Authority (MMDA) which ordered the re-implementation of NCAP.

The second petition was filed by lawyer Juman B. Paa who also pleaded for the issuance of a TRO against the NCAP being implemented in the City of Manila.

In his petition, Paa asked the SC to declare unconstitutional Manila City Ordinance No. 8676, series of 2020, on NCAP.

He said the Manila Traffic and Parking Bureau (MTPB) has access to the database of the LTO relative to the details of the vehicle, including the name of the owner and address.

Paa said that “if a private company is performing the function of the MTPB, their access to the close circuit television (CCTV) footage might be used for other purposes like surveillance of a particular person thus exposing citizens to risks against safety and privacy.

Solicitor General Menardo I. Guevarra said that “while NCAP cameras capture vehicle images that violate traffic rules and regulations, they are neither designed to capture, nor are these cameras capable of obtaining, facial recognition images of the drivers.”

“This fact attenuates and weakens petitioners’ claim of violation of their right to privacy,” Guevarra said.

“More importantly, the sharing by the Land Transportation Office of vehicle registration data with the local governments involves information necessary to carry out functions of public authorities,” he said.

“It is therefore a sharing of personal information which is expressly excluded from the coverage of the Data Privacy Act under Republic Act No. 10173,” he stressed.

Let me end this piece by asking you readers: What is your reaction to this new development? Do you believe that the NCAP is very prone to abuse by the LGUs? Do you believe that the LGUs want to use NCAP to easily raise funds? Do you believe that NCAP actually helps solve traffic problems and helps discipline motorists? Do you think Parañaque City is a good example of a city that implemented the NCAP? Do you believe that NCAP violates a motorist’s privacy in relation to the collection of personal and vehicular data? Did you pay close attention on how your city mayor reacted whenever the NCAP gets challenged?

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

NTT ASTC Subic Bay International Triathlon (SuBIT) 2023 set for April 22 and 23, online registration is ongoing

Calling all who love the multisport dynamics of triathlon as well as those who love the Subic Bay Freeport Zone as the premier sports tourism destination of the country – the online registration for the NTT ASTC Subic Bay International Triathlon (SuBIT) 2023 is ongoing right now and you can start registering yourselves (note: RaceYa.fit account needed). This year’s edition of the SuBIT is set to happen on April 22 and 23, 2023 to be organized by the Triathlon Association of the Philippines (TRAP) in partnership with the Subic Bay Metropolitan Authority (SBMA) and I Love Fun-tastic Subic Bay, and presented by NTT and Asia Triathlon.

The NTT ASTC Subic Bay International Triathlon (SuBIT) 2023 is supported by the Philippine Sports Commission (PSC), Standard Insurance and Asian Centre for Insulation Philippines, Inc.

To put things in perspective, posted below are some important race details as published by RaceYa.fit’s page of the event.

The official race logo.

REGISTRATION FEES

Early Bird: (January 16 – 31,2023)

Standard Distance: Php 6,000/US$130.00 + online reg fees

Sprint Distance: Php 5,500/US$130.00 + online reg fees

Super Sprint Distance: Php 4,500/US$130.00 + online reg fees

Regular Rate: (February 1- 28,2023)

Standard Distance: Php 6,500/US$150.00 + online reg fees

Sprint Distance: Php 6,000/US$150.00 + online reg fees

Super Sprint Distance: Php 5,000/US$150.00 + online reg fees

Late Registration: (March 1 -31,2023)

Standard Distance: Php 7,000/US$175.00 + online reg fees

Sprint Distance: Php 6,500/US$170.00 + online reg fees

Super Sprint Distance: Php 5,500/US$170.00 + online reg fees

Race Date & Time:

22 April 2023 (Saturday) Super Sprint and Sprint AG
23 April 2023 (Sunday) Junior Sprint Elite, Sprint Elite and Standard AG

Race Distances: Swim Bike Run (Swim, Bike, Run)

  • Standard Distance        1.5k    |   40k    |   10k
  • Sprint Distance              750m |   20k    |    5k
  • Super Sprint Distance   500m |   13k     |    2.5k

Participants’ Categories (Top 3):

  • Sprint Elite Open (Men and Women)
  • Sprint Junior Elite (Men and Women)
  • Age Group Sprint (Men and Women)
    • 16-19
    • 20-24
    • 25-29
    • 30-34
    • 35-39
    • 40-44
    • 45-49
    • 50-54
    • 55-59
    • 60 and over
  • Age Group Standard Distance (Men and Women)
    • 18-24
    • 25-29
    • 30-34
    • 35-39
    • 40-44
    • 45-49
    • 50-54
    • 55-59
    • 60 and over
  • Age Group Super Sprint Distance (Boys and Girls)
    • 13-15

For the detailed schedules of NTT ASTC Subic Bay International Triathlon (SuBIT) 2023 and the related activities, click https://register.raceya.fit/event/subit2023

To follow or contact the TRAP, visit http://www.triathlon.org.ph/ and follow their official Facebook page.

To those who will really be traveling to Subic Bay soon, there are notable places where you can have good meals and beverages at: Gourmet Garage Subic and Xtreme Xpresso Café. Read my feature articles of them.

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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 athttps://www.instagram.com/authorcarlocarrasco/.

Las Piñas City government adjusts business permit renewal deadline to January 31, 2023

Recently in the City of Las Piñas, the City Government announced that the deadline for the renewal of business permits has been moved from January 20 to January 31, 2023, according to a Manila Bulletin news report. Their City Council approved a resolution which was subsequently signed by the Mayor.

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

The Las Piñas city government announced on Saturday, Jan. 21, that the deadline for the renewal of business permits has been extended from Jan. 20 to Jan. 31.

Mayor Imelda Aguilar signed the resolution extending the period for payment of business permits, licenses, taxes, and other similar commercial fees and charges without surcharges and penalties.

The resolution was passed and approved by the City Council on Jan. 16.

Aguilar said they made the move since the Business Permit and Licensing Office (BPLO) has been receiving numerous business permit registration and renewal applications.

She said the resolution states that an extension of deadline for payment of business permits and licenses will not only encourage the settlement of fees and charges but also accelerate the collections. It likewise enables delinquent individuals and firms to legalize their business operations.

The resolution also says the extension will ultimately redound to the benefit of the city because the taxpayers will be able to comply with the mandatory obligation of providing revenues to the city government.

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? If you are running a business within the city, will the extension be helpful to 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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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

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

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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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

Three fugitives from China arrested in Parañaque City

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

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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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