The Philippine Statistics Authority (PSA) revealed recently that the unemployment rate of the Philippines fell down to 3.8% this past February from 4.3% the previous month, according to a Philippine News Agency (PNA) news article.
To put things in perspective, posted below is an excerpt from the report of the PNA news article. Some parts in boldface…
The country’s unemployment rate fell to its lowest level in three months, data from the Philippine Statistics Authority (PSA) showed.
In a briefing on Tuesday, National Statistician Dennis Mapa said preliminary results of the latest Labor Force Survey showed that the unemployment rate further declined to 3.8 percent in February this year from 4.3 percent the previous month. It was the lowest rate since the 3.1 percent recorded in December last year.
Mapa said the number of unemployed Filipinos declined to 1.94 million from 2.16 million in January this year.
Employment rate on the other hand, rose to 96.2 percent in February this year from 95.7 percent the previous month.
Mapa said the number of employed Filipinos went up to 49.15 million, higher than the 48.49 million and 48.95 million recorded in January this year and in February 2024, respectively.
Industries which recorded the largest increase in employment include accommodation and food service (+377,000), fishing and aquaculture (+365,000), public administration and defense (+330,000), construction (+258,000), and other service activities (+232,000).
Mapa said preparations for the midterm elections and summer holidays helped increase employment in accommodation and food service and other service activities.
Let me end this post by asking you readers: What is your reaction to this recent development? Do you think there will be more than enough job opportunities for the unemployed throughout the year? Do you think the Philippine economy will grow strongly to sustain new job creation until the end of 2025?
By pointing to the VAT refund for foreign tourists (click here and here), the Department of Tourism (DOT) is looking forward to growth in tourism revenue this year, according to a BusinessWorld news report.
To put things in perspective, posted below is an excerpt from the report of the BusinessWorld news report. Some parts in boldface…
THE Department of Tourism (DoT) said tourism revenue is expected to rise this year, aided by the new tax refund for tourists.
“2024 was a banner year for Philippine tourism, with international spending reaching around P760 billion, a 126% recovery rate (from pre-pandemic levels). Our goal was always to exceed that, which we achieved the previous year,” Tourism Secretary Ma. Esperanza Christina G. Frasco said on Monday.
She said that the value-added tax (VAT) refund for foreign tourists and DoT’s collaboration with the Department of Trade and Industry (DTI) will encourage more visitor spending.
She added such measures will allow the country “to exceed its international visitor receipts as well as domestic tourism receipts from the year before.”
On Monday, the DTI and DoT signed a memorandum of agreement (MoA) to strengthen coordination in promoting tourism-related industries, participate in joint trade and tourism missions, develop sustainable tourism-related enterprises, and encourage the growth of micro, small and medium enterprises (MSMEs).
“Through this MoA, we will give our tourism MSMEs the platform to avail of the programs of the DTI, especially in supporting the expansion of their livelihood and businesses,” Ms. Frasco said.
Let me end this post by asking you readers: What is your reaction to this recent development? Do you think the VAT refund for tourists will actually result in an increase of tourism revenue in the Philippines this year?
The inflation rate of the Philippines settled at 1.8% for the month of March this year based on the latest details released by the Philippine Statistics Authority (PSA), according to the news article by the Philippine News Agency (PNA). The confirmed inflation rate was the lowest since June 2020.
To put things in perspective, posted below is an excerpt from the report of the PNA news article. Some parts in boldface…
Inflation rate in March 2025 settled at 1.8 percent, marking a nearly five-year low, mainly due to slower price increase in food and non-alcoholic beverages, particularly lower prices of rice.
Philippine Statistics Authority (PSA) Undersecretary Claire Dennis Mapa said in a press briefing Friday that last month’s inflation was lower than the rate in February 2025 at 2.1 percent and the 3.7 percent in March 2024. PSA data showed that the inflation last month was the lowest since June 2020.
The PSA attributed the slower pace of price increases in March 2025 to the easing of food and non-alcoholic beverages inflation at 2.2 percent from 2.6 percent a month ago. Mapa said this commodity group shared 50.2 percent to the downtrend in inflation.
In particular, cereals and cereal products recorded a deflation, or decrease in prices, of 5.2 percent last month from a deflation of 3 percent in February 2025.
This commodity group includes rice, which recorded negative inflation for the past three months: -2.3 percent in January, -8.4 percent in February, and -7.7 percent in March.
Mapa said that since the Executive Order 62 took effect in July 2024, which reduced the tariff on imported rice, prices of the staple have substantially declined.
“Kung i-compare natin noong—say, base natin noong July 2024, kung saan nagsimula ‘yong reduction sa tariff, bumaba na rin substantially ‘yong presyo ng bigas per kilo [If we compare it to—(let’s) say, based on July 2024, when the tariff reduction started, the price of rice per kilogram has substantially decreased],” he said.
Citing PSA data, Mapa said comparing the prices from July 2024 to March 2025, average price reduction for regular milled rice was at PHP4.90, or from PHP51.11 per kilo to PHP46.09 per kilo.
Well milled rice also declined in the same period by PHP4.19 per kg., or from PHP56.44 per kg. to PHP52.25 per kg., and by PHP2.60 per kg. for special rice, or from PHP64.75 per kg. to PHP62.15 per kg., the national statistician added.
Aside from food and non-food beverages, inflation in transport group recorded -1.1 percent in March 2025 from -0.2 percent in February 2025.
Let me end this post by asking you readers: What is your reaction to this recent development? Were you surprised that the inflation rate of the country settled at less than 2% for the month of March 2025? Do you think inflation will remain stable for the next six months?
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 – including arcade flyers – from the 1980s and 1990s.
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 and 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. G.I. Joe: A Real American Hero arcade flyers
G.I. Joe: A Real American Hero arcade flyer for the Japanese market.
The North American arcade flyer of G.I. Joe.
Back in the 1980s, my friends and I saw lots of episodes of G.I. Joe: A Real American Hero on TV and there were lets of toys of it available. I also read some comic books of G.I. Joe. While there were G.I. Joe video games, I never got to play its early 1990s arcade game from Konami. By comparing the two arcade flyers of G.I. Joe: A Real American Hero, the American flyer excels visually showing the characters with a powerful war-themed background. The Japanese flyer had smaller space for the same artwork and displayed the arcade cabinet (take note of the controls laid out to accommodate up to four players). Between the two, I prefer the American arcade flyer.
2. Alien 3 Japanese arcade flyer
With this arcade flyer, Sega clearly showed arcade operators what to expect when ordering machines of Alien 3: The Gun.
Watching Alien 3 inside the cinema in 1992 was one of the worst moviegoing experiences I ever had. By the time video games based on the movie were released, I was surprised to see how action-packed and entertaining they looked. The one Alien 3 game that captivated me was Sega’s Alien 3: The Gun in the arcades as its design and concept contradicted the essence of the film. The Japanese arcade flyer has this aggressive approach on laying down the details, displaying the arcade machine and displaying carefully selected screenshots to excite both gamers and arcade operators. This arcade flyer still looks good today.
3. Super Cobra arcade flyer
A great artwork emphasizing the concept of Super Cobra.
First released in Japanese and America arcades in 1981, Super Cobra is a 2D side-scrolling shooter in which players pilot an armed helicopter through tight caverns while facing enemies capable of firing. The American arcade flyer has great artwork that almost perfectly captures the essence of the game. This is another old arcade flyer that has aged well.
4. The Amazing Spider-Man vs. The Kingpin print ad
Back in 1993, animated sequences included in video games were still new and even exciting.
Moving forward to the year 1993, gamers in America who owned a Sega Genesis console were being motivated by Sega to upgrade their gaming experience with the Sega CD add-on. Along the way, Sega really ramped up efforts to have more games supporting the Sega CD and one of them was The Amazing Spider-Man vs. The Kingpin. The Amazing Spider-Man vs. The Kingpin on Sega CD was actually an updated version of the original 1991 game and Sega’s team included several improvements to take advantage of the CD-ROM technology of the add-on. This print ad showed Sega’s hard work on selling the game.
5. Soulstar print ad
The artwork of this print ad has very strong sci-fi vibes.
Released in 1994 for the Sega CD (Mega CD in other markets), Soulstar was sci-fi 3rd-person shooter that delivered amazing visuals, fun gameplay and an immersive experience of space travel to gamers. This European market print ad is a very effective way to promote the game using carefully selected screenshots, amazing artwork and a cleverly written text description. Still a fine print ad to look at.
6. Batman Returns print ad
This print ad effectively promoted both the game and the movie. In retrospect, the line “Our new Batman game is anything but tame” turned out to be true as lot of parents who brought their kids to the cinemas for Batman Returns were turned off by the adulterated elements.
In 1992, Batman Returns played in a lot of cinemas but its very dark tone and adulterated elements prevented it from matching the huge box office success of its 1989 predecessor. Regardless, a lot of licensed video games based on the movie were released and in early 1993, Konami released a Batman Returns video game on the aging Nintendo Entertainment System (NES). This print ad used a photograph from the filming of an scene that actually had Michelle Pfeiffer as Catwoman, dominating over the iconic Batman. Also displayed were screenshots, the game’s box cover (showing Pfeiffer, Michael Keaton and Danny DeVito as their respective characters) and the text description. Even if you did not like the movie, this old print ad is a solid way of promoting both the game and the movie. The line “Our new Batman game is anything but tame” strangely turned out very true.
7. The Terminator games print ads
The Terminator for Sega Genesis.
The Terminator for Sega CD.
Released in cinemas in 1984, The Terminator was a surprise hit as well as a career-booster for Arnold Schwarzenegger and James Cameron. What is very notable is the fact that several video game adaptations of The Terminator were released on consoles in the early 1990s. I can only guess this was done to capitalize on the resurgence of the Terminator franchise in connection with Terminator 2: Judgement Day’s much-anticipated release in cinemas. The Sega Genesis version print ad features a digitized close-up of Schwarzenegger’s Terminator while the 2-page Sega CD version print ad used a lot of the space for large text (with an incomplete shot of Schwarzenegger’s Terminator on the edge of the 2nd page) emphasizing “He’s Back” and “The Terminator” while leaving little space for text descriptions and screenshots. Between the two, I find the Sega Genesis ad more effective with its promotion of the game.
8. Defender arcade flyer
More choices of a very successful game for arcade operators also means more ways for players to play it.
Even though it had a soft start in the early 1980s, the classic game Defender went on to become a massive commercial success in the arcades. Being a major attraction in America’s video game industry, Williams unsurprisingly went on to release this particular arcade flyer to sell to operators different types of Defender arcade machines that could fit into their respective joints while providing gamers choices on how to play the game. Some players preferred to stand in-front of a tall arcade cabinet while others prefer to play the game looking down on the screen. This flyer is an example as to how a company can keep their biggest success moving on while offering business clients more choices.
In relation to a recent viral video of a foreign national who caused some trouble locally, the Bureau of Immigration (BI) reminded foreigners present in the Philippine to behave and respect the nation’s laws and locals, according to a Philippine News Agency (PNA) news article.
To put things in perspective, posted below is an excerpt from the report of the PNA news article. Some parts in boldface…
The Bureau of Immigration (BI) on Wednesday reminded anew foreigners visiting the country to respect Filipinos and the country’s laws.
This came following a viral video of a Russian vlogger allegedly harassing people at the Bonifacio Global City in Taguig City.
“Foreign visitors are expected to be in good behavior during their stay in the Philippines. We are a very hospitable country, and have the nicest, kindest people,” BI spokesperson Dana Sandoval said in a message to the Philippine News Agency.
“Hence, visitors are expected to reciprocate this and follow laws during their stay here,” she added.
In a post on X, content creator Vitaly Zdorovetskiy was seen threatening to rob a woman passing by the area who refused his offer of money in exchange for appearing in his vlog.
The foreigner went on berating the woman who was wearing a face mask, saying she might have Covid-19 and that she should get vaccinated.
In another incident, a mall security guard flagged Zdorovetskiy and told him to stop recording inside the establishment. He then grabbed the guard’s hat and refused to return it. He was also seen mocking the security guard.
For more insight about the Russian content creator, posted below are YouTube videos about his past and what he did here in the Philippines. He has been arrested.
Let me end this post by asking you readers: What is your reaction to this recent development? Did you witness any foreigners misbehaving or harassing locals recently? Are you concerned that more troublesome content creators or IRL streamers from overseas will come into the country and become problematic?
The troublesome Russian streamer Vitaly Zdorovetskiy won’t be leaving the Philippines any time soon as he will be formally charged for what he committed in public recently, according to a news article by the Philippine News Agency (PNA). He was presented to the media in the presence of Department of the Interior and Local Government (DILG) Secretary Jonvic Remulla.
To put things in perspective, posted below is an excerpt from the report of the PNA news article. Some parts in boldface…
Department of the Interior and Local Government (DILG) Secretary Jonvic Remulla on Monday said Russian vlogger Vitaly Zdorovetskiy will have to stay longer in the country to face criminal charges for harassing and insulting Filipinos for content.
Remulla said Zdorovetskiy will not be deported until such time that a final verdict is handed down by a Philippine court.
“Babala na rin ito (This is also a warning). People have to take responsibility for the content they create. It is not a license to shame or to hurt or to besmirch anyone,” Remulla said in a press conference in Quezon City.
Remulla said the Russian, arrested April 2 in Pasay, is under the custody of the Bureau of Immigration “as an undesirable alien and a flight risk.”
At least five criminal charges were filed against Zdorevetskiy, including a case in Boracay Island where he allegedly insulted a windsurfing instructor.
“He has been making vlogs and making money out of disrespecting people. But not in our own land. We will not allow him to insult and disrespect any Filipino,” Remulla said.
During the press briefing, the moderator had to remind the Russian to behave after he was seen murmuring and making gestures apparently aimed at the DILG chief. Remulla said he heard Zdorevetskiy cursing at him.
Let me end this post by asking you readers: What is your reaction to this recent development? Do you think the way the local authorities are handling Vitaly Zdorovetskiy will send a strong message to troublesome foreign streamers that they will be held accountable if they harass locals while staying in the Philippines? Do you think Congress should pass new laws to deal with problematic vloggers and live streamers? Should the national government be more active in dealing with streaming platforms whose account holders include troublesome streamers and vloggers? Do you think the government Russia will do something about the arrested Vitaly Zdorovetskiy?
Finally, the P18 billion GCash deal was sealed by Ayala Corp. and Mistubishi Corporation resulting in equal ownership of AC Ventures Holding Corp. which itself has a stake in the e-wallet giant’s operator, according to a Daily Tribune business news report. Take note, however, that the big deal is still subject to approval by regulators. The deal between the two corporations was previously disclosed last October.
To put things in perspective, posted below is an excerpt from the report of the Daily Tribune. Some parts in boldface…
Ayala Corp. (AC) and Japan’s Mitsubishi Corp. (MC) have finalized a P18.4-billion agreement that will give them equal ownership of AC Ventures Holding Corp. (ACV), which holds a stake in GCash operator Mynt.
In a disclosure to the stock exchange on Wednesday, Ayala said it formally signed an investment agreement with Mitsubishi last 31 March for the subscription to 18,033,946 common and redeemable preferred shares of ACV.
AC noted that the agreement amends a previous disclosure from 18 October 2024, which outlined a binding term sheet between the two firms. The proceeds of the transaction will be used to redeem AC’s redeemable preferred shares in ACV and cover related costs.
The deal, however, remains subject to regulatory approvals, including amendments to ACV’s articles of incorporation by the Securities and Exchange Commission and clearance from the Philippine Competition Commission.
Ayala President and CEO Cezar Consing previously said that the tie-up with Mitsubishi “can add meaningful value to Mynt, which will allow Mynt to deliver significant value to its over 94 million registered users.”
Ayala announced plans to bring in a strategic investor in August last year to strengthen GCash, which saw a surge in popularity during the pandemic. The conglomerate invested P22.4 billion in Mynt, increasing its stake in Globe Telecom, Inc.’s fintech arm.
Let me end this post by asking you readers: What is your reaction to this recent development? Do you think improvements with GCash will be realized under the Ayala-Mistubishi deal? Do you think the sealed deal will eventually get approved by the regulators? If you are a GCash user, what kind of improvements do you hope to see?
The Philippines is enjoying a surge of investment pledges in the Philippine Economic Zone Authority (PEZA) with a 249% jump in the first quarter of 2025, according to a Philippine News Agency (PNA) news article. The surge is expected to create many new jobs.
To put things in perspective, posted below is an excerpt from the report of the PNA news article. Some parts in boldface…
Investment pledges in the Philippine Economic Zone Authority from January to March 2025 hit PHP58.95 billion, 249 percent higher than the PHP13.95 billion project registrations in the same period in 2024.
PEZA reported Wednesday that the pledges came from 66 projects that registered with the investment promotion agency (IPA) in the first quarter of the year.
These new and expansion projects are expected to generate 15,815 direct jobs and contribute an additional USD497.46 million to export revenues.
“PEZA’s continued upward trajectory reflects our strong commitment towards investment promotion and facilitation, coupled with our most generous fiscal incentives under the CREATE MORE, and the other advantages placing the Philippines in a sweet spot for economic growth and development,” PEZA Director General Tereso Panga said.
“PEZA continues to play a vital role in advancing the country’s economic resilience through sustained job creation, increased exports, and enhanced investment attraction,” he added.
Twenty-four projects that were registered with PEZA in Q1 2025 are manufacturing activities and another 24 are in information technology and business process management.
Ecozone development and domestic enterprises got seven projects each, while utilities and facilities activities registered two projects each.
A big chunk of PEZA-approved investment in Q1 2025 are for Calabarzon (32 projects), followed by National Capital Region (12), Central Luzon (eight), Central Visayas (eight), Davao Region (two), Ilocos Region (two), Northern Mindanao (one), and Western Visayas (one).
To date, PEZA approved PHP49.81 billion worth of big-ticket projects, or those with investments exceeding PHP1 billion.
For March alone, the PEZA board approved 27 projects with total investments of PHP6.01 billion.
Two big-ticket projects were also approved last month with aggregate pledges of PHP2.62 billion for a water treatment facility in Batangas and a coconut milk manufacturing facility in Misamis Oriental.
“We are bullish that we will sustain this upward trajectory coming into the 2nd quarter of the year as we intensify our investment promotion initiatives partnered with the CREATE MORE incentives, the most generous fiscal incentives among ASEAN to date,” Panga said.
Let me end this post by asking you readers: What is your reaction to this recent development? Do you think the strong surge of investments in PEZA will continue to last throughout the year? Do you think the Philippine economy will grow beyond 6% this year?
Recently a Vietnamese national who turned out to be a wanted person over kidnap and rape was arrested by immigration officers at Terminal 3 of the Ninoy Aquino International Airport (NAIA), 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…
Bureau of Immigration (BI) officers at the Ninoy Aquino International Airport (NAIA) Terminal 3 in Pasay City have arrested a Vietnamese national wanted in the country for abducting and raping a Chinese woman in 2023.
In a news release Monday, BI Commissioner Joel Anthony Viado said Nguyen Hu Mai, 48, was intercepted at the NAIA Terminal 3 while attempting to flee aboard a Cebu Pacific flight to Saigon last March 21.
The foreigner was immediately referred to supervisors for secondary inspection after his name prompted a positive hit in the centralized derogatory database of the bureau.
“Our supervisors were able to establish that the passenger and person appearing in our watchlist are one and the same. He was thus stopped and arrested by our airport personnel,” he added.
Nguyen was immediately turned over to the BI’s border control and intelligence unit (BCIU) and later transferred to the bureau’s detention facility in Camp Bagong Diwa, Taguig City.
According to BI-BCIU chief Ferdinand Tendenilla, Nguyen has been on the wanted list of the BI since March 10 when he and two Chinese nationals were charged with deportation for being undesirable aliens for being prime suspects in the kidnapping and rape case.
Police investigators alleged that on March 2, 2023, the three foreigners kidnapped a Chinese woman inside her condominium unit in Makati City.
Let me end this post by asking you readers: What is your reaction to this recent development? Do you think there could be more personnel of the Bureau of Immigration who are engaged in illegal activities that the national authorities have yet to find? Do you think that the syndicates behind human trafficking are a threat to national security?
The effort towards a nuclear-powered Philippines moved forward a bit more as the Department of Energy (DOE) confirmed that it has been assessing potential sites for future nuclear power plants, according to a business news report by the Manila Bulletin.
To put things in perspective, posted below is an excerpt from the report of Manila Bulletin. Some parts in boldface…
The Department of Energy (DOE) is assessing various sites for future nuclear power plants, including possible locations in the western regions of the Philippines.
In a recent ambush interview, DOE Undersecretary Sharon Garin shared that while these potential sites are still being evaluated against specific criteria, several areas across Luzon, Visayas, and Mindanao have already been identified as possibilities for nuclear development.
“We have evaluated sites, but that’s still not final; it’s like [the DOE is] practicing [its] criteria,” she told reporters.
“So we assess, for example, [in] Bataan [province, the municipalities of] Morong [and] Mariveles. We’ve also assessed somewhere in Bulacan, [and] in Batangas.”
While these provincial areas already have large populations, Garin is also hopeful about the possibility of building other nuclear-related infrastructures, such as data centers, in the future.
“We’ve also assessed down south. There’s a lot—Masbate, Palawan, we’ve also gone there—some of them qualify because there [are] metrics.”
She also said that Western Visayas could be a viable location for hosting nuclear facilities, along with other regional areas that are less likely to be affected by tsunamis.
“Palawan is really one of the most stable [in terms of geology]. The problem [there] is the grid—it’s not connected.”
According to Garin, the DOE is closely looking at areas that are far from fault lines and volcanoes.
She emphasized, however, that these are not confirmed sites for development, adding that, “I don’t want to announce what the specific areas have passed because it might cause some anxiety among people.”
The Energy Undersecretary assured that the government is making significant progress in its preparations, including conducting surveys, developing frameworks, and forming key partnerships, such as the 123 Agreement with the United States (US). She expressed optimism that once legal and regulatory requirements are finalized, the country will be ready to begin issuing construction licenses by 2026.
Let me end this post by asking you readers: What is your reaction to this recent development? Do you think the assessment by the government for potential nuclear power sites will be completed soon and pave the way for actual construction?
Author Carlo Carrasco 