public service – Page 21 – Author Carlo Carrasco

Investment firm Cerberus Capital Management will invest P15 billion more in the Philippines

August 4, 2025July 27, 2025carlocarrasco

While a lot of economists stated that the economy of the Philippines is unlikely to achieve 6% growth this year, the New York-based investment firm Cerberus Capital Management is investing an additional P15 billion in the country, according to a Philippine News Agency (PNA) news article. For the newcomers reading this, Cerberus is the operator behind the Agila Subic Shipyard.

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

New York-based alternative investment firm Cerberus Capital Management is investing an additional PHP15 billion in the Philippines within a year, as it sees progress in its existing operations and government support for foreign investors.

The company, which operates the 300-hectare Agila Subic Shipyard, the former Hanjin Shipyard in Subic Bay that it acquired in 2022, disclosed the plan during a meeting with President Ferdinand R. Marcos Jr. in Washington, DC earlier this week.

In a press release Friday, the company said the additional investments will be used to update the shipyard and introduce new projects in logistics, energy, and transport infrastructure.

Cerberus managing director Alexander Benard said they are “encouraged by the progress we’ve seen and by the strong support from the Philippine government.”

“We believe the Philippines holds significant long-term potential as a regional hub for industrial and logistics activity. We look forward to building on this momentum and supporting the development of our key strategic assets in the Philippines,” he said.

Let me end this post by asking you readers: What is your reaction to this recent development? Do you think the economy of the Philippines will experience a breakthrough of additional 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.

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Philippines deports over 1,400 foreigners over immigration law violations

August 2, 2025July 26, 2025carlocarrasco

While Spain and other nations of Europe are struggling with the high number of illegal migrants and foreign nationals who keep on trespassing into their respective territories, the Philippines deported more than one thousand four hundred foreigners in the first half of 2025 over a series of violations of immigration law, according to a news article by the Philippine News Agency (PNA).

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

The number of foreign nationals who were deported during the first half of the year doubled compared to last year, the Bureau of Immigration (BI) reported Friday.

According to Commissioner Joel Anthony Viado, data from the bureau’s deportation and implementation unit (DIU) revealed that a total of 1,422 foreign nationals were deported due to immigration violations during the period. The BI recorded 717 deportees during the same period in 2024.

Chinese nationals topped the list with 957, followed by 231 Vietnamese, 41 South Koreans, 41 Malaysians, and 37 Burmese.

Viado said majority of the deportations were foreigners found to be illegally working in Philippine offshore gaming operators (POGOs) in the country despite the ban.

“Our strengthened deportation protocols follow the directive of the President to act swiftly and remove foreigners who abuse our people’s hospitality. We will continue expediting the deportation of foreign nationals who violate our laws,” the BI chief added in a statement.

The BI earlier reported improvements in deportation protocols, including fast-tracking clearances in partnership with the National Bureau of Investigation, immediate resolution of cases suspected to be filed under the ‘demanda me’ scheme, regular coordination with embassies for swift issuance of travel documents, and opening of a new holding facility for arrested aliens. Meanwhile, Viado also reported the arrest on July 22 of two Sudanese nationals found to be undocumented in San Carlos City, Pangasinan.

Let me end this post by asking you readers: What is your reaction to this recent development? Do you think the national authorities will be able to apprehend and deport more illegal aliens who are still on the lose all over the Philippines? Do you think the authorities can double the number of deportees by the end of 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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ADB sees Philippine economy growing by 5.6% this year

August 1, 2025July 24, 2025carlocarrasco

By pointing to a variety of factors, the Asian Development Bank (ADB) recently announced that the economy of the Philippines will grow by 5.6% this year, according to a news article by the Philippine News Agency (PNA). The ADB recently released its latest economy report.

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

The Philippines is expected to post the second highest economic growth in Southeast Asia this year despite the downgrade in growth outlook due to external headwinds, a report released by the Asian Development Bank (ADB) showed.

In its Asian Development Outlook July 2025 report released on Wednesday, the ADB said Philippine economic growth is expected to settle at 5.6 percent this year.

The growth outlook for the Philippines is the second highest in Southeast Asia, next to Vietnam’s 6.3 percent. Indonesia is projected to grow by 5 percent, Malaysia by 4.3 percent, Singapore by 1.6 percent, and Thailand by 1.8 percent.

For 2026, growth is expected to slightly pick up to 5.8 percent.

The ADB’s latest projection, however, was lower than its 6 percent for 2024 and 6.1 percent for 2025 economic growth forecast amid external headwinds. The Philippine economy grew by 5.4 percent in the first quarter of the year.

“Domestic demand grew 6.7 percent, supported by easing inflation and monetary policy. However, net exports dragged on growth as brisk imports outpaced exports,” the ADB said. It added that manufacturing index (PMI) recovered slightly to 50.7 in June from 50.1 in May.

“Consumer sentiment was positive in the near term. Unemployment was low at 3.9 percent in May, and remittance growth of 3.0 percent helped sustain household spending,” it said.

The ADB, however, said that business confidence softened amid heightened global policy uncertainties.

According to the ADB, economic forecasts for most countries in Southeast Asia have been downgraded for 2025 and 2026 due to the continuing global growth slowdown and increased trade uncertainty.

“Weaker external conditions have hurt business and consumer sentiment and threaten to disrupt investment in the subregion,” it said.

“Except for Indonesia, the largest economy in the subregion, all Southeast Asian economies are expected to post weaker growth in the next two years.”

Let me end this post by asking you readers: What is your reaction to this recent development? Do you think it is still possible for the economy of the Philippines reach 6% GDP growth by the end of 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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Department of Finance (DOF) says 6% economic growth is quite difficult to achieve this year

July 31, 2025July 23, 2025carlocarrasco

The uncertainty about this year’s economic growth for the Philippines has gotten stronger as the Department of Finance (DOF) admitted that achieving 6% growth is quite difficult, according to a Manila Bulletin news report. The DOF pointed to external shocks that are affecting the national economy.

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

While the Philippine economy has already been recovering from its deep recession during the height of the Covid-19 pandemic, hitting its growth potential of six percent would be challenging given the global uncertainties spilling over domestically, according to the Department of Finance (DOF).

“We do think that the potential of the Philippines is at the minimum six-percent growth. But of course, it’s quite difficult, especially knowing some of the challenges that we’re seeing,” DOF Undersecretary and Chief Economist Domini Velasquez told reporters during the Philippine thrift banks’ annual convention on Tuesday, July 15.

Just before the initial three-month pause on reciprocal tariffs ended on July 9, United States (US) President Donald Trump had stretched it to Aug. 1, but hiked the rates for Philippine exports to 20 percent from 17 percent previously, repeatedly citing the “significant and persistent trade deficit” that the trade giant has with its former colony.

Velasquez noted that the tariff hike was among the uncertainties that the Cabinet-level Development Budget Coordination Committee (DBCC) had considered in downscaling its growth target for the year, through 2028.

Last month, the economic team slashed its 2025 GDP growth target to between 5.5 percent and 6.5 percent from six- to 6.5-percent previously. Cited as factors were heightened external uncertainties, especially the ongoing conflicts in the Middle East and the imposition of US tariffs.

Finance Secretary Ralph G. Recto told reporters during an informal press chat on Wednesday, July 16, that he expects the economy to accelerate “significantly” in the second quarter compared to the previous quarter.

“In effect, the target is still six percent for the year,” Recto noted, taking off from the recently revised growth goal. “Realistically, it’s probably around 5.7 percent or 5.8 percent for the year. It depends, because there’s a lot of uncertainty—uncertainty with trade policy.”

“But I think the second quarter will definitely be better than the first,” Recto said, noting that the improvement will be driven by both government and household consumption.

The DBCC had also narrowed the growth target range for 2026 to 2028 to six to seven percent, from the previously more ambitious six to eight percent.

“We did recognize those [tariffs]. When we dialed down on our growth target in 2025, it’s really because of the external factors that we were seeing,” Velasquez said.

Let me end this post by asking you readers: What is your reaction to this recent development? Do you think the national economy is not strong enough to achieve 6% GDP growth by the end of this year? What do you think the national government should do to strengthen economic growth and make the Philippines more attractive to foreign investors? Do you think the Philippines still has a chance to convince America to lower its planned tariff on Philippine-made goods?

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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Chinese nationals arrested in Cavite, two women rescued

July 29, 2025July 19, 2025carlocarrasco

Recently in the province of Cavite, elements of the Bureau of Immigration’s (BI) fugitive search unit arrested three Chinese over varied violations and rescued two women who were held against their will, 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…

A Chinese national, who is allegedly linked to illegal drugs activities and human trafficking, has been arrested in Cavite by agents of the Bureau of Immigration Fugitive Search Unit (BIFSU).

BIFSU Chief Rendel Ryan Sy identified the suspect as Jin Tian, 26, who was arrested in his residence in General Trias City last July 15.

During the operation in coordination with the Philippine Drug Enforcement Agency (PDEA) and the Philippine Navy, two women allegedly held against their will were rescued, Sy said.

At the same time, Sy said that two other male Chinese nationals were arrested during the operation. They were identified as Sun Yong, 36, and Liu Zhiwei, 33. Sun was found by PDEA operatives to be in possession of a substance believed to be shabu and drug paraphernalia.

Sy also said that the three Chinese nationals were found to be overstaying aliens for failure to present any valid immigration documentation. Also, Jin was found to have two derogatory records for overstaying.

Let me end this post by asking you readers: What is your reaction to this recent development? Are you concerned that there could be more Chinese fugitives as well as overstaying fugitives hiding in your local community?

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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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

New Evacuation Facility in Barangay Talon Uno, Las Piñas City Inaugurated

July 28, 2025July 18, 2025carlocarrasco

Recently in the City of Las Piñas, the newest evacuation facility located in Barangay Talon Uno was formally inaugurated with the presence of Mayor April Aguilar, Vice Mayor Imelda Aguilar and other local officials, the City Government announced via social media.

To put things in perspective, posted below is an excerpt from the social media post of the City Government. Some parts in boldface…

The Las Piñas City Government inaugurated a newly constructed two-storey evacuation facility in Golden Acres Subdivision, Talon Uno on Thursday, July 17, as part of its continuing efforts to strengthen local disaster preparedness and public safety.

Mayor April Aguilar and Vice Mayor Imelda Aguilar led the inauguration ceremony, which included the blessing of the facility. Funded through the City Disaster Risk Reduction and Management Office (DRRMO), the project is located along Marcos Alvarez Avenue, near the Las Piñas High School Annex.

With a total floor area of 73.343 square meters, the facility features basic amenities to accommodate residents during emergencies. The ground floor includes male and PWD-friendly comfort rooms with shower areas, a kitchen, a vacant space, and a stage. The second floor houses female comfort rooms with shower areas and a wash area.

City officials said the evacuation center will serve as a safe and accessible refuge for families in times of calamity.

Let me end this piece by asking you readers: If you are a resident of Las Piñas City, what is your reaction to this development? Do you think there is a possibility that another evacuation center will be built by the City Government in your local community.

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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Almost 750 senior citizens vaccinated for pneumonia in Las Piñas City

July 26, 2025July 17, 2025carlocarrasco

Recently in the City of Las Piñas, the vaccination drive held at SM Center Las Piñas saw almost seven hundred fifty senior citizens getting free vaccinations for pneumonia, the City Government announced via social media. Mayor April Aguilar personally attended the vaccination drive and met with the locals.

To put things in perspective, posted below is an excerpt from the social media post of the City Government. Some parts in boldface…

A total of 743 senior citizens received free pneumonia vaccines during the health drive organized by the City Health Office on Wednesday, July 16, at SM Center Las Piñas. The event, led by Mayor April Aguilar, is part of the city’s continuing effort to protect the elderly from respiratory illnesses.

Mayor Aguilar visited the venue and personally engaged with residents, expressing her gratitude for their participation and reiterating the city’s commitment to ensuring accessible and preventive healthcare for all. Also present was Dr. Juliana Gonzalez, head of the City Health Office, who addressed the attendees and highlighted the importance of pneumonia vaccination in preventing complications among older adults, especially those with pre-existing health conditions.

To ensure a smooth and safe process, participants were asked to bring their Senior Citizens ID, Vaccination Card (if previously vaccinated for pneumonia), and a Screening Form from their respective health centers. The City Health Office also reminded residents to be in good health on the day of vaccination, to maintain a five-year interval from their last pneumonia shot, and to eat beforehand and bring drinking water to help prevent post-vaccination reactions.

Let me end this piece by asking you readers: If you are a resident of Las Piñas City, what is your reaction to this development? Do you wish the City Government will soon organize a vaccination drive in your barangay?

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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America sets 19% tariff on Philippine goods after crucial Trump-Marcos meeting

July 24, 2025July 23, 2025carlocarrasco

Months after initial communications were made (click here and here), Philippine President Ferdinand “Bongbong” Marcos, Jr. finally met with US President Donald Trump in the White House and this ultimately resulted in a 19% tariff on Philippine goods by America, according to two related news articles (click here and here) by the Philippine News Agency (PNA).

For the newcomers reading this, America initially announced a 17% tariff on products from the Philippines last April and it was recently revised to 20% which surprised many here in the Philippines. Now that the American tariff for Philippine goods has been settled at 19%, President Marcos called the reduction significant. It should be noted that America generated more than $100 billion in new revenue from tariffs under Trump this year.

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

Philippine exports to the United States (US) will now be subject to a 19 percent tariff, down from the 20 percent Washington initially planned to impose, US President Donald Trump announced following what he called a “beautiful visit” by President Ferdinand R. Marcos Jr. at the White House.

Part of the new deal includes granting zero tariffs for American products bound for the Philippines.

*Philippine President Marcos with US President Trump at the White House. (photo source – the White House)*

“It was a beautiful visit, and we concluded our Trade Deal, whereby The Philippines is going OPEN MARKET with the United States, and ZERO Tariffs. The Philippines will pay a 19% Tariff,” Trump posted on his Truth Social account early Wednesday (Manila time).

*Press Secretary Karoline Leavitt tweet of President Trump’s TRUTH Social post about the meeting with President Marcos and new trade deal.*

He also described Marcos as a “very good and tough negotiator.”

Latest data from the Philippine Statistics Authority showed that the US comprised the highest export value amounting to USD1.115 billion, or 15.3 percent of the country’s total exports in May this year.

Posted below is an excerpt from the other PNA news article related to Marcos’ description of the 1% reduction of tariff by America as well as his clarification about Philippines’ zero tariff approach on certain American products coming to the country. Some parts in boldface…

President Ferdinand R. Marcos Jr. defended the Philippines’ new trade arrangement with the United States (US), saying the reduced 19 percent tariff on Philippine exports—down from the proposed 20 percent—is a “significant achievement,” amid questions over its fairness.

“One percent might seem like a very small concession. However, when you put it in real terms, it is a significant achievement,” Marcos said in a press briefing following his meeting with US President Donald Trump at the White House on Wednesday (Manila time).

The President acknowledged that the new deal also opens key Philippine markets to American products—particularly vehicles, agricultural goods, and pharmaceuticals—but said the arrangement will benefit Filipinos through lower prices and stronger bilateral trade.

“We will open that market and no longer charge tariffs on that… para makamura naman ‘yung mga – maging mas mura ‘yung gamot natin (so we can lower the cost of medicines),” he said.

Marcos said while the 19 percent tariff on Philippine goods is still substantial, it reflects a step forward in trade engagement with Washington D.C. and lays the groundwork for future negotiations.

For transparency, posted below is the official video from the White House YouTube channel.

Let me end this post by asking you readers: What is your reaction to this recent development? Do you realize that there is a lot more about US and Philippines relations that go beyond the newly agreed trade agreement? Do you think America’s 19% tariff on exports from the Philippines will add challenged to the Philippine economy? What do you think about the Trump-Marcos meeting? Did you pay attention to the planned Subic Bay ammunition manufacturing plant that was mentioned? If you are based in the Philippines, do you look forward to importing American-made vehicles, agricultural products and pharmaceutical products once they enter the country without any tariffs imposed on them? Do you think the newest exchange between Trump and Marcos will make Communist China concerned or worried?

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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Las Piñas City Mayor April Aguilar Leads Emergency Briefing on Habagat Response

July 24, 2025July 22, 2025carlocarrasco

In the City of Las Piñas, the new Mayor April Aguilar led the emergency operations briefing as the local authorities responded to the needs of the constituents who were affected by the heavy torrential rain that lasted for days affecting Metro Manila, the City Government confirmed via social media. The City Government remains on high alert and has been monitoring the situation as of this posting.

To put things in perspective, posted below is an excerpt from the social media post of the City Government. Some parts in boldface…

Mayor April Aguilar led an emergency operations briefing on Tuesday morning following the severe flooding that hit the city, caused by heavy torrential rain shortly after midnight and a high tide from Manila Bay early this morning.

*The new Mayor April Aguilar at the emergency center of operations of Las Piñas. (photo source – Las Piñas PIO)*

The City Disaster Risk Reduction and Management Office (DRRMO) reported that intense rainfall began at 12:45 AM, leading to rapid water accumulation in several barangays. The situation was further aggravated by a 1.2-meter high tide from Manila Bay at around 7:00 AM, which contributed to the widespread flooding in low-lying areas.

As of the 10:00 AM report, 17 barangays have been affected, with 146 flooded areas recorded throughout the city. A total of 504 families, or 1,669 individuals, have been evacuated to 17 designated evacuation centers managed by the city government.

*Mayor Aguilar talks with the emergency operations team members. (photo source – Las Piñas PIO)*

Key city department heads were present during the briefing, including representatives from the Disaster Risk Reduction and Management Office (DRRMO), City Environment and Natural Resources Office (CENRO), City Engineering Department, City Health Office, City Social Welfare and Development Office (CSWDO), and the Public Information Office, all of whom provided situational updates and coordinated ongoing response actions. Also in attendance were District 1 City Councilors Alelee Aguilar and Robert Cristobal, who joined the discussions on resource deployment and community support.

To respond to emergency calls, the city deployed 14 response teams composed of 94 personnel, including units for water search and rescue, evacuation support, and debris clearing. A total of 53 rescue requests have been received, with 30 already completed.

Let me end this piece by asking you readers: If you are a resident of Las Piñas City, what is your reaction to this development? Do you think the City Government and its emergency personnel has done enough to assist those who were affected by the heavy rain? Was there a lot of flooding in your local community?

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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Online Lending Company Raided and 168 Employees Arrested Over Harassment Allegations

July 24, 2025July 16, 2025carlocarrasco

Recently in the City of Pasig, law enforcers raided an online lending firm and arrested one hundred and sixty-eight employees over alleged harassment of several borrowers, according to a Philippine News Agency (PNA) news article. It should be noted that one of the victims committed suicide due to harassment over money borrowed from the raided firm.

For the newcomers reading this, this is the latest development about local companies that lend money to clients who later get harassed or threatened as ways to compel them to pay back. There were similar developments that happened over the past few years which you can see by clicking here, here, here and here.

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

The Presidential Anti-Organized Crime Commission (PAOCC) on Tuesday said an inter-agency operation in Pasig City has resulted in the arrest of 168 employees of an online lending company allegedly harassing borrowers.

In a statement, the PAOCC said the operation was conducted at the 22nd floor of Robinsons Equitable Tower in Pasig City, the main operating hub of Creditable Lending Corporation, the company behind the online lending application Easy Peso.

The operation was led by the National Bureau of Investigation (NBI), PNP Anti-Cybercrime Group (ACG), and the PNP-CIDG, with support from the PAOCC, the National Privacy Commission (NPC), and the Securities and Exchange Commission (SEC) by virtue of a Warrant to Search, Seize, and Examine Computer Data (WSSECD) issued by the Regional Trial Court Branch 46 in Manila.

Authorities seized hundreds of computers and several company-issued mobile phones allegedly used for harassment during debt collection, along with hundreds of pre-registered SIM cards, text blasters, and harassment scripts.

The raid followed months of surveillance and investigation, aided by the testimony of a former employee who came forward to expose how the company misled and harassed borrowers.

According to the PAOCC, some victims were directed to send payments to personal GCash or bank accounts under the guise of clearing their loans, only to be contacted again by collectors despite having paid.

This operation comes just days after a man from Valenzuela City took his own life after suffering harassment from individuals connected with Easy Peso.

“May isang buhay na nawala dahil sa pang-aabuso ng isang lending app. Hindi utang ang pumatay sa kanya kundi ‘yung walang-awang pangha-harass (A life was gone due to the abuses of a lending app. The victim did not die due to his debt, but due to cruel harassment),” PAOCC Executive Director Gilbert Cruz said.

“Sa bawat biktima, huwag kayong matakot. Hindi kayo nag-iisa. Nandito ang gobyerno na handa kayong tulungan (To each victim, don’t be scared. You are not alone. The government is here ready to help you) ,” he said

Meanwhile, the SEC is reviewing the company’s legal and regulatory compliance, as its operations appear to have exploited the system while falsely claiming legitimacy.

Let me end this post by asking you readers: What is your reaction to this recent development? Do you think there are still a lot of online lending firms that planned to harass or threaten its borrowers? Do you know anyone who borrowed money from such firms only to get threated to pay back? Did you notice the presence of online lending firms in your local community?

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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