Tag: Philippines

Commission on Audit (COA) tells local governments to limit expenses of discretionary funds to amounts under law

Commission on Audit (COA) tells local governments to limit expenses of discretionary funds to amounts under law

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Recently the Commission on Audit (COA) reminded local government units (LGUs) to limit the expenses of discretionary funds as it cited the case of one particular town that exceeded its “prescribed statutory limitation” for extraordinary and miscellaneous expenses (EME) by millions of Pesos in 2023, according to a Manila Bulletin news report.

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

The Commission on Audit (COA) has reminded local government units (LGUs) against exceeding the “statutory limitation” on disbursements for extraordinary and miscellaneous expenses (EME) or discretionary funds taken out of their collected real property taxes (RPTs).

It cited the case of Eastern Samar’s Guiuan town which exceeded its “prescribed statutory limitation” for EME by P6.53 million in 2023.

In its annual audit report (AAR), COA cited its Circular No. 85-55A and Section 325(h) of Republic Act No. 7160, the Local Government Code, which both provide the general limitation on the use of EME funding.

Section 325(h) of RA 7160 provides: “The annual appropriations for discretionary purposes of the local chief executive shall not exceed two percent (2%) of the actual receipts derived from basic real property tax in the next preceding calendar year. Discretionary funds shall be disbursed only for public purposes to be supported by appropriate vouchers and subject to such guidelines as may be prescribed by law. No amount shall be appropriated for the same purpose except as authorized under this section.“

COA said that under the law, Guiuan town should only have EME of P26,465.14, which is equivalent to two percent of the P1.323 million RPT collected in 2021. But, it said, the town used P6.56 million for its discretionary funds or an excess of P6.53 million.

It pointed out that discretionary funds are only supposed to be used by the Office of the Municipal Mayor, but Guiuan even allocated funds for different offices such as the Vice Mayor’s office, Municipal Investment and Tourism Office (MITO), and Municipal Treasurer’s Office, among other offices.

It said the Mayor’s Office used P2,611,254.77 EME in 2023, while the vice mayor used P500,000. MITO, it also said, spent P1,332,395, while the Municipal Treasurer’s Office used up P450,000 EME.

It noted that when its audit team confronted the municipal accountant about its excessive use of discretionary funds, the accountant explained that it committed an “honest error” in assuming that the EME account was a “misnomer for Other Maintenance and Other Operating Expenses account.”

Let me end this piece by asking you readers: What is your reaction to this recent development? Is your local government practicing a disciplined approach on spending and the alignment of funds?    

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

What to watch on YouTube right now – Part 17

What to watch on YouTube right now – Part 17

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Welcome back, my readers, YouTube viewers and all others who followed this series of articles focused on YouTube videos worth watching. Have you been searching for something fun or interesting to watch on YouTube? Do you feel bored right now and you crave for something to see on the world’s most popular online video destination?

I recommend you check out the following topics and the related videos I found.

#1 The Garden of Eden location video – Let me start first by stating that everything in the Holy Bible (the Word of God) is absolutely true. I truly believe in the Bible and the ancient record of the creation of the world, Adam and Eve, and the Garden of Eden existed and there is nothing that science could do to refute them. Recently, YouTube channel HolyLandSite posted a video about the most likely location of the Garden of Eden, explaining in detail how it came to be, where it existed and how to properly understand what is written in the Holy Bible which truly describes it as a genuine place created by God.

#2 Mosab Hassan Yousef (son of a Hamas co-founder) proves the North American pro-Palestine believers to be very wrong, ignorant, foolish and delusional on Dr. Phil show – Mosab Hassan Yousef is the son of a Hamas co-founder, was raised with hateful teachings against Jewish people, was a Hamas member who fought against Israel, stopped being evil, repented and submitted to Lord Jesus, is now a strong supporter of Israel and has been working against the terrorists. Considering his upbringing and background, it is not surprising that he proved the pro-Palestine believers/activists to be wrong, ignorant, brainwashed and foolish! The pro-Palestine believers here are so brainwashed by Islamo-Leftists superiors, they failed to see the evil of their movement, and they do not care about the victims of the October 7, 2023 terrorist attacks on Israel committed by Hamas. Watch the videos below…

To all the pro-Palestine believers, Bill and Hillary Clinton idolaters, the woke zealots, the Satanic Democrats, the LGBTQ people, the illegal aliens, the Islamo-Leftists and those who love terrorist Yasser Arafat reading this…you are all on the wrong side of history!

If you want to truly change yourselves for good, stop being evil, repent to Lord Jesus and submit to Him with all your heart. You still have time.

#3 Contra games comparison videos plus an explanatory video – Recently, I took advantage of the Xbox online store sale to purchase the digital copy of Contra Anniversary Collection for roughly $4 and I started playing the Nintendo Entertainment System (NES) and the Family Computer (Famicom) versions of the classic game Contra on my Xbox Series X console. Indeed, there were notable differences between the two versions with regards to graphics and storytelling presentations. Not only that, Contra Anniversary Collection also contains the original arcade version of Contra (meant to be compared to the NES/Famicom ports) as well as the European version of Contra called Probotector. Even Contra III: The Alien Wars also had a different version in Europe. I also added one explanatory video titled Contra: From Arcade to NES & Beyond. Watch the videos below…

#4 Poltergeist movie reaction videos plus another two other related videos – Let me make it clear to all of you that I am not a fan of the 1982 supernatural horror movie Poltergeist. As a film buff, I do give Steven Spielberg, director Tobe Hooper and their production team for the creative stuff they came up with (including the visual effects) to making it stand out among the many horror movies Hollywood made over the past 40+ years. That being said, it is not surprising that Poltergeist became a popular film featured in multiple movie reaction videos by different YouTubers. Watch their reaction videos plus two related others (from Minty Comedic Arts) below…  

#5 A close look at the classic game Paperboy – Way back in 1989, I visited the United States of America for the first time and I could not forget the time I spent playing in a huge video arcade in one of the fancy hotels of Las Vegas. One of the first arcade games I played back then was Paperboy which I quickly found to be a lot of fun. I liked the game so much, I kept playing it in that same arcade and years later, I played versions of it on PC and the Nintendo Entertainment System. That being said, if you have not played or discovered the classic game, you can learn all about it in this video by YouTuber PatmanQC.

#6 Caught on camera: Electric bike (e-bike) hits elderly woman who later died – Recently here in the Philippines, a major TV network reported an accident in which an elderly woman got hit hard by a moving electric bike (e-bike) driven by a man who was distracted (as caught on video and witnessed by bystanders). The elderly woman eventually died while the suspect has since been apprehended facing a charge of reckless imprudence resulting in homicide. For the newcomers reading this, there are already many cases of careless or reckless driving committed by people who drove electric bikes (e-bikes) or electric tricycles (e-trikes) on public roads along with cars, vans, buses and trucks. This latest incident does not help the case of e-bike/e-trike drivers and owners at all. Posted below is the news video about the e-bike that hit the elderly woman.

#7 Wicked Iran’s assault against Israel – I cannot stay silent about this. Iran and its terrorist proxies launched missiles and drones against Israel (which had the support of America, Jordan and others for defense). Almost 100% of the enemy projectiles were shot down. For the newcomers reading this, the conflict between Israel and Iran (the chief sponsor and source of terrorists in the Middle East) goes a long way back. The wicked regime of Iran (in power since 1979) made clear its intentions to not only destroy Israel but also other Western democracies/societies. Iran’s terrorist network also reached South America. In light of all of these, if you want truthful and accurate reports about Israel’s fight against the terrorists, rely on the content and updates of TBN Israel, CBN News, TravelingIsrael and the official Israel Defense Forces (IDF) channel. Watch the videos below and do not forget to pray to the Lord in support of Israel, the fall of their enemies, the rescue of the hostages and the peace of Jerusalem.

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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

Muntinlupa City Mayor congratulates Grade 5 student for bronze medal victory in a math contest overseas

Muntinlupa City Mayor congratulates Grade 5 student for bronze medal victory in a math contest overseas

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Recently in the progressive City of Muntinlupa, Mayor Ruffy Biazon congratulated local Grade 5 student Antonio Pio Vivo for achieving honors for the country by winning the bronze medal in a mathematics contest held in Thailand, according to a Manila Bulletin news report.

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

Muntinlupa Mayor Ruffy Biazon congratulated a Grade 5 student who won in an international math contest in Thailand.

Antonio Pio Vivo of San Beda College Alabang won a bronze medal at the International Talent Mathematics Contest (ITMC) held in Thailand.

Vivo is one of the Filipino students who competed and won in the contest participated in by students from 10 countries and regions: Thailand, Brazil, Vietnam, Philippines, Bangladesh, Cambodia, Indonesia, Saudi Arabia, Hong Kong and Taiwan.

“Nakakaproud talaga ang mga kabataang Muntinlupeño na nag-eexcel in many various fields (We really feel proud about young Muntinlupeño who excel in many various fields),” said Biazon.

“Congratulations ulit, Antonio! Sana ma-inspire mo rin ang iba pang kabataang Muntinlupeño na mag-excel in both academics and sports (Congratulations again, Antonio! I hope you will inspire other young Muntinlupeño to excel in both academics and sports),” he added.

Before competing in Thailand, Vivo also joined and won in other math and science contests in South Korea and Hong Kong. Vivo also won a gold medal at the 1st MRB Taekwondo Cup last November.

Let me end this post by asking you readers: What is your reaction to this recent development? If you are a resident of Muntinlupa City, are you delighted about the achievement by the local Grade 5 student who brought honors for the country?

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

I Love Israel: Israeli agricultural center and DILG sign memorandum of understanding (MOU) on food security solutions

I Love Israel: Israeli agricultural center and DILG sign memorandum of understanding (MOU) on food security solutions

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As some of you are already aware, I fully stand with Israel which is directly connected with my uncompromising faith in the Lord. I keep on praying to Him for Israel to overwhelm its enemies, rescue the hostages and recover from the effects of the October 7, 2023 terrorist attacks committed by the Palestinian terrorist group Hamas. I can assure all of you that nobody from the evil Islamo-Leftist mob, nobody from the pro-Palestine zealots and nobody from any evil society would stop me from supporting and loving Israel.

Now, on with the news…

Recently here in the Philippines, memorandum of understanding (MOU) on food security solutions was signed by an Israeli agricultural center and the Department of the Interior and Local Government (DILG), according to an official announcement. The MOU signing was witnessed by Israel Ambassador to the Philippines Ilan Fluss.

To put things in perspective, posted below is an excerpt from the announcement published through the DILG’s website. Some parts in boldface…

The Department of the Interior and Local Government (DILG) has signed a memorandum of understanding (MOU) with an Israeli agricultural center aimed at providing intensive training and education to selected local agriculture students on modern food security solutions.

The MOU was signed by DILG Secretary Benhur Abalos and AgroStudies Chief Executive Officer (CEO) Yaron Tamir at Camp Crame in Quezon City.

In his speech, Abalos thanked the Israel Embassy and the AgroStudies for their friendship and partnership, as the agreement will significantly boost the attainment of Pres. Marcos Jr.’s vision of ensuring food security under the Bagong Pilipinas brand of governance.

Agrostudies is an international training center which provides a program for agricultural education to interns from developing countries around the world.

“We thank our partners for this continuous partnership of you transferring the technology and best practices to our Filipino farmers,” he said.

Abalos also thanked the partner national government agencies including the Department of Foreign Affairs, Department of Agriculture, National Security Council, and Technical Education and Skills Development Authority for their equal commitment to pushing forth the said program.

The DILG Chief also cited the DILG’s Halina’t Magtanim ng Prutas at Gulay (HAPAG) Program, which complements the national government’s food security measures, and the KADIWA ng Pangulo program, which provides access to quality and safe food items at affordable prices.

Based on the MOU, the DILG will collaborate with LGUs in the selection of eligible students to participate in the 11-month AgroStudies program in Israel, focusing on various aspects of agriculture, including crop cultivation, livestock management, and agricultural technology.

Meanwhile, Tamir explained that the Philippines was the first partner country of Israel over the last 20 years, with some 8,000 Filipinos as scholars in this program, the largest among 15 partner -countries in the AgroStudies internship program.

“Our purpose is for the students and farmers to learn modern technologies in Israel and engage in businesses in the Philippines. I promise that as long as I am the CEO, the Philippines will have the highest quota,” Tamir said.

Posted below is a related news video…

The MOU signed is crucial because food security is a priority under the current government. We Filipinos should be very thankful that Israel – which is an established world leader on agriculture, farming, water and food development – was willing to be a strategic partner as there are over one hundred million people around the Philippines who need to be fed in the long term. Along the way, the Philippines has to keep working hard on boosting agricultural production, expanding the number of government-backed food stores, stabilizing prices of food and cracking down on those who smuggle and hoard agricultural goods.

We should also be thankful to the Lord that even as Israel remains busy fighting the terrorists not only in Gaza but also across the border with Lebanon (Hezbollah), the Jewish state and Israeli companies still value the Philippines as a key partner on economics and social development issues.

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!

We live in a very divided world. Around the world, Leftist forces have been supporting evil forces like the current regime of Iran which is known for supplying and arming the Palestinian terrorists and other terrorist groups around the Middle East. Leftist forces have been supporting the Palestinian Authority and other enemies of Israel. The Leftists and terrorists always go together and their anti-Semitism is clearly obvious. Hamas is purely evil and they are being protected by not only their fellow terrorists but also by mainstream news media outlets who are linked with Leftist forces and people who hate Israel and the Jewish people. Beware of the evil union of the Islamo-Left which is wicked deep within.

With all that said, I encourage you all to pray to the Lord God in support of Israel and believe that He will guide the Israeli forces to another victory which means finishing off Hamas, crushing Hezbollah and forcing Iran and its terror proxies to give up. Read Joshua 11:1-20 in the Holy Bible for relevance and truth.

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 pray for the peace of Jerusalem.

In ending this I Love Israel piece, posted below are Israel-related videos for your enlightenment.

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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

Civilian arrested in Parañaque City for unauthorized wearing of PNP uniform

Civilian arrested in Parañaque City for unauthorized wearing of PNP uniform

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Recently in the City of Parañaque, another case of the usurpation of authority happened as a civilian was arrested by police officers at the Parañaque Integrated Terminal Exchange (PITX) for the unauthorized wearing of the Philippine National Police’s (PNP) athletic uniform, according to a Philippine News Agency (PNA) news article.

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

Police officers apprehended a civilian clad in the athletic uniform of the Philippine National Police (PNP) while taking selfies in Parañaque City.

In a report Tuesday, Staff Sgt. Jeffrey Tupil of the Southern Police District (SPD) said he was aboard a bus when he saw the 38-year-old suspect, identified as alias “Jefferson,” along Coastal Road on Monday.

Tupas said the suspect was wearing the shirt of the PNP athletic uniform, jogging pants, and slippers and appeared to be taking selfies.

Upon reaching the Parañaque Integrated Terminal Exchange (PITX), Tupil approached the suspect and requested him to present his PNP identification card, which the suspect failed to show.

Tupil promptly contacted Sub-Station 2 of the Parañaque City Police, which immediately sent officers who apprehended the suspect and took him to the station for documentation and proper disposition.

“Unauthorized wearing of PNP uniforms is strictly prohibited and anyone caught will be criminally held liable for Usurpation of Authority under RPC (Revised Penal Code) Art. 177 (Usurpation of Authority of Official Function) and Art. 179 (Illegal Use of Uniforms and Insignias),” the SPD said in a statement.

Let me end this piece by asking you readers: What do you think about this recent development? If you are a resident of Parañaque, are you concerned that there could be more civilians who somehow acquired uniforms from authorities which they could use to fool and intimidate others? Are many people in your local community aware that the usurpation of authority is a serious crime?

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

DBCC revises Philippine economic growth targets for 2024 and 2025

DBCC revises Philippine economic growth targets for 2024 and 2025

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As far as the Development Budget Coordination Committee (DBCC) is concerned, current domestic and global developments justified their recent revision of economic growth targets for the Philippines in 2024 and 2025, according to a Philippine News Agency (PNA) news article.

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

The Development Budget Coordination Committee (DBCC) has adjusted its economic growth targets for 2024 and 2025 due to current domestic and global developments.

The DBCC revised downward its gross domestic product (GDP) outlook for 2024 to 6 to 7 percent from the previous range of 6.5 to 7.5 percent, Socioeconomic Planning Secretary Arsenio Balisacan said in a Palace press briefing on Thursday.

For 2025, the DBCC narrowed the GDP target to 6.5 to 7.5 percent from the previous 6.5 to 8 percent. Balisacan said the growth projection of 6.5 to 8 percent for 2026 to 2028 was retained.

The revised targets growth targets were initially discussed during the DBCC’s 187th meeting on March 22.

The DBCC took into consideration the latest trade outlook of the Bangko Sentral ng Pilipinas (BSP) and the International Monetary Fund (IMF) amid global trade disruptions and geopolitical tensions.

President Ferdinand R. Marcos Jr. approved the latest GDP outlook when he presided over the 16th full Cabinet meeting at Malacañan Palace in Manila on Wednesday.

Balisacan said the Marcos administration remains steadfast in its commitment to sustaining the robust growth trajectory of the Philippine economy.

“Robust macroeconomic fundamentals will support this growth trajectory. These growth targets will sustain the country’s position as one of the fastest-growing emerging economies in the Asia Pacific region,” Balisacan said.

“The government’s dedication transcends meeting statistical targets or numerical benchmarks. We direct our efforts toward realizing a strategic and compelling vision for our nation’s prosperity even as we navigate a global economic landscape marked by various challenges within and without,” he added.

Balisacan also assured the public that the government is still on track to achieving the upper middle income status by 2025.

Opportunities and risks – Balisacan said the country’s economic team discussed the possible opportunities and risk to growth outlook, adding that it identified several domestic and external challenges that are “on the horizon.”

These include climate change and extreme natural disasters such as El Niño that would “continue to pose risks to food security and the stability of food prices,” he said.

“Additionally, risks related to inflation, such as potential adjustments in transport fares, wages, and service utility fees higher than expected, could dampen household consumption,” he said.

Balisacan also cited that global economic slowdown may weaken external demand, while increasing geopolitical and trade tensions could disrupt supply chains.

He added that general elections in major economies could lead to political shifts that may disrupt trade and investment.

“Despite the anticipated risks, we remain optimistic about the country’s sustained growth momentum as we strive for better development outcomes. We aspire to position the Philippines as a frontrunner within our region and beyond—a beacon of inclusive progress and resilience,” Balisacan said.

Let me end this piece by asking you readers: What is your reaction to this recent development? Do you think the economy of the Philippines will end up growing at a lower-than-expected pace?    

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

HSBC remains committed to investing in the Philippines and supporting the government’s economic agenda

HSBC remains committed to investing in the Philippines and supporting the government’s economic agenda

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Recently the huge international financial firm The Hongkong and Shanghai Banking Corporation (HSBC) confirmed its commitment to investing in the Philippines and supporting the government’s economic agenda which President Ferdinand “Bongbong” Marcos, Jr., welcomed, according to a Philippine News Agency (PNA) news article.

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

President Ferdinand R. Marcos Jr. on Thursday welcomed the commitment of the Hongkong and Shanghai Banking Corporation (HSBC) to support the government’s economic agenda and continue to invest in the Philippines.

HSBC Holdings Group officials, led by its Chairman Mark Tucker, paid a courtesy visit to the President at the Malacañan Palace and expressed its intention to continue expanding in the country.

“Today, we are left as one of the few international banks. But our commitment to the Philippines, and continuing to invest, continuing to work here remains absolutely intact,” Tucker told Marcos.

He added that HSBC, which has been operating in the Philippines for almost 150 years, is interested in expanding its investment in the Philippines, particularly on foreign direct investment (FDI), saying it “supports FDI by a number of different ways.”

For his part, the chief executive acknowledged the significant contributions of HSBC to the Philippine economy, pointing out the “interconnections” it has made in the country.

“Thank you again for HSBC’s continued interest. We continue to encourage (foreign investments). The economy, actually, we’ve tried to open it up, we put very, we put much (importance)… on the fact that private partnerships are necessary,” Marcos said.

Let me end this piece by asking you readers: What is your reaction to this recent development? Do you think HSBC’s commitment will encourage other international financial firms and foreign investors to support the national economy?

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

Woman arrested for theft in Las Piñas City

Woman arrested for theft in Las Piñas City

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Recently in the City of Las Piñas, police officers arrested a woman who has been wanted for theft, according to a Manila Bulletin news report. The suspect, who has since been detained, was one of the Top 10 most wanted persons.

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

A 21-year-old woman wanted for theft was arrested by operatives of Las Piñas Police Warrant and Subpoena Section (WSS) and Station Intelligence Section (SIS) on Friday, April 5.

The Southern Police District (SPD) said Las Piñas police chief Col. Sandro Tafalla reported the arrest of alias Chin-Chin tagged as Top 10 most wanted person.

Tafalla said the police apprehended the suspect at around 3:30 p.m. in Barangay Pulunglua Unot, Las Piñas City by virtue of a warrant of arrest issued by Judge Teodoro S. Carbonera of Las Piñas City Metropolitan Trial Court (MTC) Branch 121 on January 31, 2024 for the service of sentence.

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 some members of your local community could be wanted by the police for crimes previously committed?

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

Prohibition on e-bikes and e-trikes on major Metro Manila roads takes effect today

Prohibition on e-bikes and e-trikes on major Metro Manila roads takes effect today

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Be mindful that effective today, electric bikes (e-bikes) and electric tricycles (e-trikes) are officially prohibited from traveling along major roads of Metro Manila in accordance to the Metro Manila Council’s approved resolution.

To be very clear, the Metropolitan Manila Development Authority (MMDA) declared the following thoroughfares as off-limits to e-bikes and e-trikes: C1: Recto Avenue; C2: Pres. Quirino Avenue; C3: Araneta Avenue; C4: EDSA; C5: Katipunan/CP Garcia; C6: Southeast Metro Manila Expressway; R1: Roxas Boulevard; R2: Taft Avenue; R3: Osmeña Highway (South Superhighway); R4: Shaw Boulevard; R5: Ortigas Avenue; R6: Magsaysay Blvd./Aurora Blvd; R7: Quezon Ave./Commonwealth Ave; R8: A. Bonifacio Ave.; R9: Rizal Ave.; R10: Del Pan/Marcos Highway/McArthur Highway; Elliptical Road; Mindanao Avenue; and Marcos Highway.

As mentioned previously, it is up to the Metro Manila local government units (LGUs) to add more roads to the above list by means of approving local ordinances. Going back to the ban on e-trikes and e-bikes on Metro Manila’s major roads, Muntinlupa City Mayor Ruffy Biazon publicly emphasized the aspect of safety.

“It is about time we rationalize the use of these vehicles which are increasingly getting involved in accidents, cause traffic and endanger their users,” Mayor Biazon said in Manila Bulletin’s February 28, 2024 news report.

I should also state that there have been a lot of videos of e-trikes and e-bikes that caused problems on public roads and posted below for your viewing are YouTube videos I found. Do not be surprised to see how reckless or careless some e-bike/e-trike drivers turned out as caught on video.

It’s one thing for a person to drive an e-bike or e-trike, it is completely another for him or her to be fully oriented with traffic rules and safety oriented driving. In my view, all e-bike and e-trike units should be registered with the Land Transportation Office (LTO), and each driver of electric vehicles should be required to get licensed to drive (which includes attending seminars and passing the tests). This is all about the greater good, the need to be orderly and ensuring road safety in general.

An electric tricycle (e-trike) spotted traveling along Alabang-Zapote Road in Muntinlupa City. Do you think e-bikes and e-trikes should be banned on that major road someday?
An electric tricycle spotted moving slowly on the leftmost lane along Dr. A. Santos Avenue (DASA) in Parañaque City. Should a ban on e-bikes and e-trikes along this road be implemented someday?

Let me end this piece by asking you readers: What is your reaction to this recent development? Do you wish to see the ban on e-bikes and e-trikes be expanded to even more major roads of Metro Manila? Do you think it is high time that all e-bike/e-trike drivers should be required to attend road safety seminars and pass tests in order to be licensed to drive? Are there many e-bike/e-trike drivers in your local community who often drive carelessly or recklessly? Is every e-bike/e-trike driver in your city fully aware of the traffic rules and the basics of safety oriented driving?

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

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Moody’s Ratings sees the Philippines becoming the 2nd fastest growing Southeast Asian economy this year and in 2025

Moody’s Ratings sees the Philippines becoming the 2nd fastest growing Southeast Asian economy this year and in 2025

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For this year and 2025, Moody’s Ratings projects the Philippines will end up as the 2nd fastest growing economy in Southeast Asia, according to a BusinessWorld news report.

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

THE PHILIPPINES is projected to be the second-fastest growing economy in Southeast Asia this year and in 2025 as domestic demand is expected to remain resilient, according to Moody’s Ratings.

“We have kept unchanged our 2024 and 2025 forecasts for the Philippines and Malaysia and also expect sequentially higher growth in both countries. Domestic demand remains the primary economic growth engine for the Philippines,” it said in a report.

Moody’s Ratings kept its forecast for gross domestic product (GDP) growth for the Philippines at 5.9% this year and 6% in 2025.

However, these projections fall short of the government’s growth targets of 6.5-7.5% for this year and 6.5-8% for next year.

At 5.9%, the Philippines has the second-fastest projected growth in Southeast Asia for 2024, after Vietnam (6%). It is ahead of Indonesia (5%), Malaysia (4.5%) and Thailand (2.8%).

For 2025, the Philippines is again expected to post the second-fastest growth behind Vietnam (6.5%) but ahead of Indonesia (5%), Malaysia (4.8%), and Thailand (3%).

Moody’s Ratings said that growth in domestic demand-driven countries like the Philippines is “increasing more than we previously expected.”

The economy grew by a weaker-than-expected 5.6% in 2023, slower than the 7.6% expansion in 2022 and short of the 6-7% government goal.

Household consumption typically accounts for three-fourths of the Philippine economy. Last year, household spending expanded by 5.6%, much slower than 8.3% in 2022.

Meanwhile, Moody’s Ratings sees inflation averaging 3.8% this year, higher than the Bangko Sentral ng Pilipinas’ (BSP) 3.6% full-year forecast but within the 2-4% target.

Let me end this piece by asking you readers: What is your reaction to this recent development? Do you think that strong household consumption alone can help the Philippine economy grow stronger than what Moody’s Ratings projected for 2024 and 2025?

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