Starting January 3, 2027, direct flights between Manila and Tel Aviv will launch with Israeli airline Arkia in-charge of the service, according to a news report by the Manila Bulletin. For many Filipinos who desired to visit the Holy Land in Israel, this is a dream that will come true and the new route is the first non-stop air link between the two major cities.
To put things in perspective, posted below is an excerpt from the news report of the Manila Bulletin. Some parts in boldface.
Filipinos can soon fly directly to Israel without making a stopover, as Israeli airline Arkia prepares to launch the first nonstop flights between Manila and Tel Aviv in January 2027.
Thenew route will begin on Jan. 3, 2027, with an initial service of one flight a week and a travel time of about 11 hours, according to Israeli Ambassador to the Philippines Dana Kursh.
For years, travelers between the Philippines and Israel have had to take connecting flights, with Dubai and Abu Dhabi among the main stopover points, while other options include connections through New Delhi, Bangkok, Seoul, and other Asian cities.
The new service will therefore provide the first nonstop air link between Manila and Tel Aviv.
Kursh welcomed the development in a Facebook post on Tuesday, Sept. 8, saying the route would bring the two countries closer after years without a direct connection.
“For the first time in many years, our two countries will be connected by a direct flight, bringing Israel and the Philippines closer than ever before,” she said.
The Israeli envoy said the new air link would go beyond making travel more convenient, as it could alsoopen more opportunities for tourism, business, investment, and cultural exchanges.
“This is much more than a new flight route,” Kursh said.
“It is a bridge between our peoples, creating new opportunities for tourism, business, investment and cultural exchange, while making it easier for Israelis and Filipinos to discover each other’s beautiful countries,” she added.
The Department of Transportation had earlier pushed for direct flights between the Philippines and Israel, with officials saying improved air connectivity would help strengthen bilateral ties.
Kursh said she looked forward to welcoming more Israeli visitors to the Philippines while encouraging more Filipinos to discover Israel.
“I look forward to welcoming many more Israeli visitors to the Philippines and to seeing even more Filipinos discovering the beauty, diversity and warmth of Israel,” she said.
To all my readers, I encourage you to thank the Lord for this breakthrough of cooperation between Israel and the Philippines. Ambassador Dana Kursh is absolutely right by stating that the direct Manila-Tel Aviv air link is the bridge between Filipinos and the Israelis who will benefit from the new opportunities for tourism, business, investment and cultural exchange. For Filipinos who desire to visit the Holy Land to discover the holy sites, witness the Holy Bible come to life and deepen their faith in the Lord, the direct flights are absolutely golden.
I personally have a desire to return to Israel someday to spend quality with the Lord right there in the Holy Land. I love Israel and I believe strong in the biblical ties between Jews and Christians.
I encourage you all to pray to the Lord for this breakthrough to lead to more breakthroughs for both Filipinos and Israelis.
At the same time, I encourage you all to realize the truth that Israel is the land God designated specifically for the Jewish people (read Genesis 35:10-12) and His command must be followed without hesitation. If you want to be blessed further by the Lord, do so by loving and blessing the Jewish people (Genesis 12:1-3). I did my part when I was in Israel. Also, let me remind you all that the ties between the Jews and Christians are truly biblical!
I encourage you all to pray to the Lord God in support of Israel, to love and bless the Jewish people, and pray for the peace of Jerusalem.
Ever since US President Donald Trump returned to office, the immigration crackdown and tightening implemented by the current administration not only brought illegal crossings down and deported a lot of illegal immigrants/aliens but also made the migrant shelters along Mexico’s northern border getting emptied, according to a news report by Newsmax.
To put things in perspective, posted below is an excerpt from the Newsmax report. Some parts in boldface…
Migrant shelters along Mexico’s northern border are emptying as fewer migrants head to the United States following President Donald Trump’s tighter immigration enforcement and expanded deportation efforts.
For Salome Villena, an Ecuadorean migrant who once planned to cross into the U.S. with her husband and two children, aged 4 and 6, the shifting landscape of U.S. immigration policy helped change those plans. Instead, the family has decided to remain in Ciudad Juarez, where they are among the few people still staying at a local shelter.
“Our intention was to cross into the United States, but because of what Trump did, we couldn’t,” Villena said, referring to changes in U.S. immigration and asylum policies.
The family also considered paying a smuggler to take them across the border, but abandoned the idea after they said the man began stealing their money.
After returning to office, Trump ended one of the main pathways migrants had used to seek entry to the U.S., ending the CBP One app that allowed asylum seekers to schedule appointments at ports of entry. The change left thousands of migrants in border cities such as Ciudad Juarez and prompted Mexican authorities to prepare for a surge in deportees by opening emergency shelters.
Many of those facilities, however, remained largely empty as migrant arrivals fell and deportations were often carried out by air to southern Mexico or other countries.
The drop in migrant flows has been felt across Ciudad Juarez’s shelter network. Juan Fierro, who heads the city’s Good Samaritan shelter, said Trump’s policies had sharply reduced the number of new arrivals.
“It’s becoming increasingly complicated and difficult for people to reach Mexico’s northern border and cross into the United States,” he said.
The shift has altered the makeup of the city’s migrant population, said Dirvan Garcia of the state population council, Coespo.
“We are living something completely different,” Garcia said. “There are a large number of people who initially intended to cross the border but are now putting down roots in the city.“
Let me end this piece by asking you readers: What is your reaction to this development? Are you pleased with the ongoing immigration crackdown in America under the Trump administration? Are there still a lot of illegal immigrants/aliens still living in your local community? Do you think the number of foreigners who planned to illegally enter the United States but ended up staying in Mexico will settle in Mexican towns/cities permanently?
Tomoko Akane, the incumbent president of the International Criminal Court, called her organization in The Hague the “last bastion of the rule of law” as she labeled America’s sanctions against her illegal and unacceptable, according to a news article by Jiji Press.
To put things in perspective, posted below is the entire Jiji Press news article. Some parts in boldface…
International Criminal Court President Tomoko Akane, under U.S. sanctions, on Sunday called The Hague-based organization the last bastion of the rule of law in the world.
Support from people around the world is necessary for the continuation of the ICC, she said in an event held by a nongovernmental organization in Tokyo.
Akane, who attended the event online, expressed her sincere gratitude for assistance from Japan, such as a signature campaign.
The U.S. sanctions are illegal and unacceptable, she said, calling them a move to suppress justice through external force.
Akane said she has been able to receive her salaries through a local bank while facing problems remitting money. Companies have rejected transactions with her due to the sanctions, she added.
Let me end this piece by asking you readers: What is your reaction to this development? Do you find Akane’s words about the American sanctions on her rather twisted given the fact that the ICC itself threatened American sovereignty and even interfered Philippine sovereignty and justice system? Are you convinced that Akane is simply pretending to be a victim? Do you want to see the ICC come to an end soon?
Several economic factors and the continued vulnerability to climate-driven shocks make it unlikely for the Philippines to achieve gross domestic product (GDP) growth of 6% in the medium term, according to a news report by BusinessWorld citing Moody’s Ratings.
To put things in perspective, posted below is an excerpt from the news report of BusinessWorld. Some parts in boldface…
MOODY’S RATINGS said the Philippines’ medium-term growth outlook seems bleak as its slow investment recovery and vulnerability to climate-driven shocks may derail its economic rebound.
In a statement following its latest rating action on the Philippines, the debt watcher said the country’s gross domestic product (GDP) growth is expected to hover below its pre-pandemic level of around 6% over the medium term.
“The Philippines’ medium-term growth will continue to be underpinned by favorable demographics, resilient remittances and service exports, and a gradual strengthening of investment as confidence recovers, with electronics and other goods exports providing a more marginal offset,” Moody’s Ratings said late on Monday.
“Even so, we expect medium-term potential to settle somewhat below the near-6% pace recorded before the pandemic, as investment recovers only gradually and the economy remains exposed to recurrent natural disasters and climate-related shocks,” it added.
Moody’s slashed its Philippine GDP growth forecast for this year to 3.6% from 5.5%. This falls near the bottom end of the government’s 3.5%-4.5% target for the year.
In the second quarter, GDP growth tumbled to a new post-pandemic low of 2.3%, bringing average growth to 2.6% in the first half.
The fourth consecutive quarter of slowing growth came as investments continued to reel from last year’s flood control corruption scandal, while rising prices amid the Middle East war squeezed household spending.
Moody’s Ratings noted that the Middle East war shocks and investment slump are “largely cyclical,” with an investment-driven recovery expected later this year.
“The recovery from the second half of 2026 should be led by a rebound in public investment as the government resumes stalled disbursements and normalizes spending execution,” it said.
Moody’s Ratings said that local investments should focus on public infrastructure and public-private partnerships, especially in renewable energy “as the country diversifies its energy mix in response to the recent shock.”
The government’s recent reforms should also eventually boost investment and productivity as their benefits are realized, the debt watcher said.
These include the Corporate Recovery and Tax Incentives for Enterprises to Maximize Opportunities for Reinvigorating the Economy Act, foreign investment liberalization, and allowing more private and foreign participation in sectors such as renewable energy.
By 2027, Moody’s Ratings expects GDP to expand by 5.3%, although still slower than its previous estimate of 5.6%.
Let me end this post by asking you readers: What is your reaction to this recent development? Are you convinced that the economy of the Philippines really does not have enough strength to achieve 6% GDP growth anytime soon? Do you think the current economic managers know what they are doing? Do you think there will absolutely be no economic gains from the Philippines’ hosting of the 2026 ASEAN Summit?
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 @CarloCarrascoPH as well as on Tumblr at https://carlocarrasco.tumblr.com/and on Instagram athttps://www.instagram.com/authorcarlocarrasco
With the Peso performing terribly in the global currency market, weakening economic growth, high inflation and fears of an economic recession growing, 2026 has not been good for the Philippines. There is a bright spot in tourism, however, as the Philippines saw its 2026 foreign tourist arrivals reach 4.11 million in the January-August period and the United States and South Korea combined for more than 1.5 million tourist arrivals, according to a news article by the Philippine News Agency (PNA).
To put things in perspective, posted below is an excerpt from the news report of BusinessWorld. Some parts in boldface…
The Philippines has recorded 4.11 million foreign arrivals from January to August, higher by 3.7 percent compared to the same period last year, the Department of Tourism (DOT) said on Tuesday.
The United States posted the highest number of share at 818,318, followed by South Korea at 727,379, Japan at 350,191, China at 310,088, and Australia at 234,156.
Also making it in the top 10 source markets are Canada with 231,972, Taiwan with 154,957, the United Kingdom with 132,370, Singapore with 126,812, and India with 77,883.
Tourism Secretary Dita Angara-Mathay said the Philippines targets to surpass its 2025 arrival figures to reach between 6.4 million and 6.8 million, or at least 7 million, by the end of 2026.
To achieve this, she said the DOT is intensifying its branding and promotions to reach more tourists in its key source markets.
The DOT is also in active talks with airlines to open up and establish more chartered flights between the Philippines and secondary cities of Korea and China.
DOT Assistant Secretary Ren Sapitan said the agency is also set to sign a contract with a creative agency in November to broaden the country’s marketing efforts and make the Philippines more visible worldwide.
Let me end this post by asking you readers: What is your reaction to this recent development? Do you think the Philippines will be able to exceed the 2025 foreign tourist arrivals number by the end of this year? Do you think the DOT is doing a good job to strengthen the Philippines’ attraction of foreign tourists? Considering the Top 10 markets of foreign tourists the Philippines attracted so far, are you convinced that the nation’s hosting of the Association of Southeast Asian Nations (ASEAN) Summit did not create any positive tourism results?
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 @CarloCarrascoPH as well as on Tumblr at https://carlocarrasco.tumblr.com/and on Instagram athttps://www.instagram.com/authorcarlocarrasco
Welcome back readers, fellow geeks and electronic gaming fans!
In this edition of the Retro Gaming Ads Blast (RGAB) series, we will take a look at another batch of retro gaming print ads from the 1980s to the early 2000s.
For the newcomers reading this, Retro Gaming Ads Blast (RGAB) looks back at the many print ads of games (console, arcade, computer and handheld) that were published in comic books, magazines, flyers, posters and newspapers long before smartphones, social media, the worldwide web and streaming became popular. To put things in perspective, people back in the 1980s to the 1990s were more trusting of print media for information and images about electronic games and related products.
With those details laid down, here is the newest batch of retro gaming print ads for you to see and enjoy…
1. Frogger Print Ad
Do you find this old ad humorous?
When Frogger was first released in video arcades in 1981, it easily attracted countless gamers offering them bouts of fun and the video game critics were very impressed with it. Considering its massive arcade success, it was unsurprisingly ported to the game consoles and home computers of the time. Parker Brothers secured the license for cartridge versions and the company produced Frogger ports for not just the Atari 2600 but also the Atari 7800. This print ad they came up with had a deliberate cartoony artwork (with a touch of humor) and an artist created a hand-drawn illustration intentionally made to resemble a screenshot from the game. I saw this ad a number of times when I read comic books in 1982.
2. The Legend of Kage Japanese Arcade Flyer
Action and excitement in ancient Japan!
In my life, I never had the opportunity to play the original arcade version of The Legend of Kage and ended up playing only the Nintendo Family Computer (Famicom) port. Behind the scenes, Taito itself came close to preventing The Legend of Kage from being released in the arcades. The company placed it in a certain game show where it received praise by many which prompted Taito to give it a full arcade release. To promote the game, the Japanese arcade flyer had lively hand-drawn artwork that perfectly reflected what the game is about, who the playable hero is and what ancient Japanese setting was used. Fortunately for Taito, The Legend of Kage became a huge commercial hit and this led to the production of ports for different consoles and computers.
3. Hyper Olympic Japanese Arcade Flyer
Arguably the best track and field game ever made for the arcades.
In 1983, Konami released their summer Olympics-inspired arcade game Hyper Olympic (titled Track & Field in other parts of the world) which offered players the opportunities to compete in a series of events with emphasis on pressing the buttons as quickly as possible. The arcade flyer Konami came up with featured fine-looking hand-drawn artwork showing athletes competing in track and field events (with the types of events displayed at the top-most part of the flyer) while showing just one screenshot (lower right) and displaying the officially 1984 Los Angeles Olympics logo (lower left). In my view, this old arcade flyer does a good job promoting both the arcade game as well as the 1984 Olympics itself. Too bad nobody makes this kind of arcade flyer anymore.
4. Terra Cresta Japanese Arcade Flyer
Did you ever play Terra Cresta in the arcades in Japan?
Nichibutsu, which produced a lot of arcade games that were released only in Japan, released Terra Cresta in Japanese arcades in 1985. It turns out Terra Cresta is a sequel to their 1980 game Moon Cresta which itself was their first big arcade hit game. Nichibutsu literally loaded the front of Terra Cresta’s arcade flyer with lots of visuals and details. As you can see, seven screenshots of the game were displayed (each with descriptive text), a fancy looking artwork that emphasized the science fiction setting, some English descriptive text, the cocktail table arcade machine and a pretty Japanese lady wearing an aerobics outfit with legwarmers (popular in the 1980s). This flyer truly has a strong 1980s flavor.
5. Sega Master System European Print Ad
From the early days of Sega’s console business.
After many years doing arcade games, Sega made the bold decision to start competing in console gaming with the release of the SG-1000 in 1983 in Japan. Even though Nintendo was a very tough competitor with the best-selling Famicom, Sega did not give up and proceeded to launch their console in America and Europe referred to as the Master System. In a serious attempt to gain customers specifically in England, Sega made a print ad showcasing a family sitting in front of a TV set with the young boy playing a racing game on a Master System. Looking at how the descriptive text was presented, it was clear that Sega emphasized bringing the arcade game experience into the comfort of home while also promising that a lot more new games will be released in the near future. This is an eye-catching ad and also a fine example of aggressive marketing by Sega.
6. Ken Griffey Jr.’s Winning Run North American Print Ad
What was the best baseball video game you ever played?
Following the commercial success of the 1994 Super Nintendo Entertainment System (SNES) game Ken Griffey Jr. Presents Major League Baseball, Nintendo got Ken Griffey Jr. again as endorser and proceeded with the follow-up Ken Griffey Jr.’s Winning Run. With the highly talented Rare (Donkey Kong Country) chosen as game developer, Nintendo was highly confident with the baseball sequel and the 2-page print ad reflected that. The Ken Griffey Jr.’s Winning Run ad had a striking image of a broken baseball bat on one side while the game’s details, two screenshots and the creative description dominated the other side. While I am not so interested in baseball, I can say that this old print ad is indeed attention-grabbing.
7. 2Xtreme North American Print Ad
From the time when the X Games were wildly popular.
Remember how popular the X Games (Extreme Games) were back in the 1990s? Early in the life of the PlayStation console, Sony released ESPN Extreme Games which sold over a million copies worldwide. As expected, a follow-up titled 2Xtreme was approved for a 1996 release. Sony came up with a 2-page ad that had an upside-down X Games participant with roller blades dominating most of the space and six screenshots were displayed. The descriptive text in the lower part of the ad was deliberately written to be hip and cool.
8. Macross Plus Japanese Arcade Flyer
The front.
The rear.
Based on the mid-1990s anime OAV, the Macross Plus video game from Banpresto was designed as a vertical-scrolling 2D shooter that captures the feel and intensity of the anime’s spectacle. The front of the Japan-only arcade flyer showcased the YF-19 Excalibur, the YF-21 Sturmvogel and the VF-11 Thunderbolt (plus the basic arcade controls on the lower-left) which were all rendered in 3D polygons to delight Macross fans and gamers who are interested in new 2D shooting experiences. The rear of the flyer showed additional details and it even includes English text descriptions. Strangely, no screenshots of the game were displayed. Being a long-time Macross fan, I can say this old arcade flyer is still engaging to look at.
9. Macross VF-X2 North American Print Ad
An impressive looking print ad for a Macross video game that never got released in North America.
In the late 1990s, Bandai prepared to launch Macross VF-X2 (the sequel to 1997’s Macross Digital Mission VF-X) on the PlayStation console in North America. This was a very intriguing move because Bandai never brought the mentioned 1997 Macross game outside of Japan. Shortly after the official announcement of a North American release, Macross VF-X2 got featured in video game magazines, an English demo of the game (first mission only) was distributed through Official U.S. PlayStation Magazine, and Bandai came up with the 2-page print ad you see here. Unfortunately, Macross VF-X2’s North American release got cancelled because of copyright issues and legal obstacles (note: Harmony Gold held the Western rights to Robotech and actively blocked the release of genuine Macross products in America). As such, this impressive looking Macross VF-X2 print ad for North America ended up as a promotion for nothing!
10. Star Wars: Racer Arcade Japanese Print Ad/Poster
This is one of the many video games based on Star Wars: The Phantom Menace.
In 1999, Star Wars Episode I: The Phantom Menace was a massive box office hit in theaters around the world and it marked a new era of Star Wars movies with digital effects available. Similar with 1993’s Jurassic Park, George Lucas’ movie also had a huge lineup of merchandise, action figures and video games. The pod racing from the movie became the basis for Star Wars: Racer Arcade which was released in Japan on June 2000, and then in America a month later. To help arcade operators attract gamers and Star Wars fans, a print ad and poster were released featuring a very dynamic image of pod racing from the game dominating the background, a few screenshots displayed and some computer-generated of characters and vehicles. At the lower right part of the ad/poster is the image of the arcade machine which has a huge screen, a seat and control panel. The descriptive Japanese text was written to excite both fans and gamers. Did you play this Sega-produced Star Wars game in the arcades?
11. Konami Wai Wai World Japanese Print Ad
Can you spot Simon Belmont, Mikey Walsh and King Kong in this Japan-only print ad of Konami Wai Wai World?
Going back to the late-1980s, Konami released a 2D adventure game on the Famicom that was very ambitious as it featured side-scrolling treks, vertical-scrolling shooting sequences and, most notably, a cast of characters that emphasized crossovers between intellectual properties of gaming. I am talking about Konami Wai Wai World (sometimes called Konami World for short) which had characters, settings and elements of Konami’s own properties like Gradius, Castlevania and Twin Bee. Not only that, King Kong of King Kong 2: Ikari no Megaton Punch and Mikey Walsh of The Goonies were also featured which is astonishing because they represent entertainment intellectual properties that were licensed to Konami for video game adaptation. That said, the emphasis of crossovers and excitement was shown in the form of 2D character sprites in this Japanese print ad of Konami Wai Wai World. This is the kind of game that Konami itself will never be able to make again and to do a remake or an enhanced re-release of Konami Wai Wai World will require overcoming all the legal obstacles in the way.
The United States and Venezuela signed a major deal regarding oil and Venezuelan Acting President Delcy Rodriguez is thankful to President Donald J. Trump and State Secretary Marco Rubio for it, according to a news report by Newsmax.
To put things in perspective, posted below is an excerpt of Newsmax’s report. Some parts in boldface…
Venezuelan acting President Delcy Rodriguez thanked President Donald Trump and Secretary of State Marco Rubio for the oil agreement between the two countries.
The deal drew rave reviews from conservatives and criticism from Democrats.
“That is why we chose the path of diplomacy with the United States of America, to transform our differences into cooperation. And that cooperation into investment, production, well-being, and concrete results for Venezuelans,” Rodriguez said in a televised address Saturday.
“I thank President Donald Trump, Secretary Rubio, and his government for the efforts made by both their administration and ours, as well as the entire Venezuelan team that dedicated their time to reaching this agreement,” she said.
Rodriguez said the pact would run 25 years and target production of more than 1.5 million barrels a day.
She said Venezuela would receive about $19 a barrel, which could generate more than $209 billion for the state.
“It’s no use having our oil reserves underground just so they appear in a statistic or an accounting record and we can say we’re the country with the world’s largest reserves when we can’t convert them into development for Venezuela,” she said.
“Our reserves must be transformed into well-being, prosperity, and happiness for this country and enable us to restore our productive capacity so that we can establish ourselves as an energy and manufacturing powerhouse.“
Rodriguez added that the change would strengthen energy security in the Western Hemisphere and promote greater stability and balance in global energy markets.
Trump announced the agreement Friday, calling it “THE BIGGEST OIL DEAL IN WORLD HISTORY!”
It covers 65 billion barrels of proven reserves across 17 fields, with the U.S. receiving 55% of output, including an ownership stake.
The White House has described 100-year development rights, a term Rodriguez did not repeat.
Let me end this piece by asking you readers: What is your reaction to this development? Do you think the US-Venezuela oil deal will be beneficial for both nations? Do you think the deal will help America economically in the long run? What is your view of Venezuela since the dictator Nicolas Maduro was removed by America?
By citing key factors like weak consumption, Middle East oil shock and the collapse in private investment, Moody’s Analytics officially slashed its 2026 gross domestic product (GDP) growth forecast for the Philippines to 3%, according to a news report by BusinessWorld.
To put things in perspective, posted below is an excerpt from the news report of BusinessWorld. Some parts in boldface…
MOODY’S ANALYTICS slashed its 2026 growth forecast for the Philippines, amid weak consumption and a collapse in private investment.
In its latest Asia-Pacific Outlook report dated Aug. 24, the analytics firm said it now sees Philippine gross domestic product (GDP) expanding by 3% this year, slower than its 4% projection in June.
“We lowered our 2026 GDP growth forecast to 3% from 4% in the June vintage after incorporating the second-quarter GDP result, which was far weaker than expected,” Moody’s Analytics Assistant Director and Economist Sarah Tan said in an e-mailed reply to questions.
The Philippine economy slumped to its worst post-pandemic growth of 2.3% in the April-to-June period, as investments and public construction continued to reel from last year’s flood control corruption scandal. Rising prices from the Middle East war-driven oil shock also strained household spending.
“The economy expanded by just 2.3% year on year, with private consumption showing notable weakness and private investment collapsing,” Ms. Tan noted. “This points to softer underlying domestic demand than we had previously anticipated.”
As of the first half of 2026, the country’s GDP growth averaged 2.6%, well below the government’s 3.5%-4.5% full-year target.
If Moody’s Analytics’ forecast holds true, the government will miss its growth target for a fourth year in a row. The economy would also further soften from last year’s post-pandemic low growth of 4.4%.
Economists earlier said that reaching even the bottom end of the government’s target entails a steep climb, as it means the economy must grow by at least 4.4% in the second half.
Moody’s Analytics sees growth recovering over the next two years to 4.6% in 2027 and 5.1% in 2028. The government wants full-year expansion to be between 5% and 6% from 2027 to 2030.
Meanwhile, GlobalSource Partners Country Analyst Diwa C. Guinigundo noted that the Philippines could face a more complicated path toward fiscal consolidation if growth remains below potential.
“Slower growth would make fiscal consolidation and debt reduction more difficult,” he said in a Viber message. “The issue is not simply that government revenues would grow more slowly; a weaker economy also means a smaller denominator for the debt-to-GDP ratio.”
Let me end this post by asking you readers: What is your reaction to this recent development? Do you think 2026 will end up as a very disappointing year of economic growth for the Philippines? Do you think the economy of the Philippines could still fall into a recession in 2027 or in the first half of 2028? Are you convinced that the Philippines has nothing to gain economically from hosting the ASEAN Summit?
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 @CarloCarrascoPH as well as on Tumblr at https://carlocarrasco.tumblr.com/and on Instagram athttps://www.instagram.com/authorcarlocarrasco
The United States officially revoked the US visa of Taif Sami Mohammed Al Shakarchi, the Iraqi national who was awarded by the failed Biden Administration in 2022, according to US State Department citing her placement on the Terror Watchlist of the Federal Bureau of Investigation (FBI).
In a New York Post report, Taif Sami Mohammed Al Shakarchi’s alleged links to the Islamic terrorist regime of Iran and Iran-backed militias in Iraq drew headlines. She was also the target of two Republicans in the US House of Representatives accused of being the “key enabler of terrorist funding in Iraq.”
To put things in perspective, posted below is the entire statement of the US State Department. Some parts in boldface…
The U.S. Department of State has revoked the visa of an Iraqi national who was presented an award by the Biden Administration for her purported role in fighting corruption and her advocacy for “gender equity.”
Taif Sami Mohammed Al Shakarchi was given the International Woman of Courage Award in 2022by former Secretary of State (Antony Blinken) and former First Lady Jill Biden.
The award recognized “women from around the globe who have demonstrated exceptional courage, strength, and leadership in advocating for peace, justice, human rights, gender equity and equality, and the empowerment of women and girls, in all their diversity.”
This Iraqi national’s visa has now been revoked by the State Department following her placement on the Federal Bureau of Investigation’s Terror Watchlist. She is no longer present in the United States.
Under President Trump and Secretary of State Marco Rubio, suspected terrorists will never be allowed to remain in the United States.
Let me end this piece by asking you readers: What is your reaction to this development? Are you aware that Taif Sami Mohammed Al Shakarchi was Iraq’s Finance Minister from 2022 to 2026? Do you suspect Taif Sami Mohammed Al Shakarchi may have been involved in financing connected with Islamic terrorists? Should all her communications and interactions with the Islamic terrorist regime of Iran be investigated?
The Public-Private Partnership (PPP) Center confirmed that the company that wins the bid for the P7 billion Subic Bay International Airport (SBIA) project will receive exemptions and incentives that include exemptions from national and local taxes, according to a news report by the Manila Bulletin.
To put things in perspective, posted below is an excerpt from the Manila Bulletin report. Some parts in boldface…
The winning bidder for the ₱7-billion concession to transform Subic Bay International Airport (SBIA) into a world-class logistics hub will receive a generous government incentives package, including national and local tax exemptions.
The Public-Private Partnership (PPP) Center noted that the project’s implementing agency, the Subic Bay Metropolitan Authority (SBMA), will offer a competitive slate of incentives to support long-term private investment.
Under the Special Corporate Income Tax (SCIT) regime,the winning operator may qualify for a five percent corporate income tax rate for up to 16 years, with the possibility of an extension subject to eligibility requirements.
As long as it is registered as an export enterprise with the SBMA, the concessionaire will be exempt from all national and local taxesunder the SCIT regime.
It may alsoenjoy exemptions from customs duties and value-added tax (VAT) on imports, along with zero-rated VAT on qualified local purchases.
Beyond fiscal incentives, the project also opens up commercial opportunities outside standard airport operations. The operator can generate additional revenue through cargo handling, warehousing, commercial leasing, logistics services, and other non-aeronautical ventures.
“The SBIA project offers a compelling opportunity for the private sector to partner with the government in developing one of the Philippines’ most strategic aviation and logistics gateways,” the PPP Center said in a statement.
The SBMA recently launched a comparative challenge for the airport’s modernization and expansion, which originated from an unsolicited proposal by United States-based Cerberus Asia Pacific Investments LLC.
Under this process, interested firms may submit competing offers against the original proposal. As the original proponent, Cerberus retains the right to match or beat the best offer.
Cerberus, which has assets across transportation, real estate, and other sectors, wants to manage the SBIA under a 25-year operate-rehabilitate-add-transfer (ORAT) scheme, with an investment cost of around ₱7 billion.
The concession aims to develop the gateway, located northwest of Manila, into a strategic cargo and logistics hub that would help ease congestion at Ninoy Aquino International Airport (NAIA), especially as demand for air cargo continues to grow.
The project will focus onupgrading existing airport facilities to align them with international standards, alongside the development of new facilities to transform the airport into a higher-capacity logistics hub.
TheSBIA is poised to support logistics and aviation growth through the development of the airport’s midway apron, which will consist of two warehouse buildings with a total floor area of 22,400 square meters (sqm) and a 32,000-sqm aircraft staging and parking area.
The north airport land development, meanwhile, covers an additional 88,000 sqm across four parcels of land for warehouse facilities, a hangar, a storage facility, and additional apron space.
To ensure proper development of the project, SBMA will assist the private partner in securing the necessary approvals for implementation and facilitating permits and regulatory coordination.
Let me end this post by asking you readers: What is your reaction to this recent development? Do you think the Subic Bay International Airport project will attract a lot of bidders from overseas? Do you believe the modernization of SBIA will add a lot to the economy of the Philippines in the long-term?
Author Carlo Carrasco 