Disclaimer: This is my original work with details sourced from reading the comic book and doing personal research. Anyone who wants to use this article, in part or in whole, needs to secure first my permission and agree to cite me as the source and author. Let it be known that any unauthorized use of this article will constrain the author to pursue the remedies under R.A. No. 8293, the Revised Penal Code, and/or all applicable legal actions under the laws of the Philippines.
Welcome back superhero enthusiasts, 1990s arts and culture enthusiasts, Image Comics fans and comic book collectors! Today we go back to the year 1995 to take a close look at one of the many tales of the original WildStorm universe through one of the comic books of the Backlash series.
For the newcomers reading this, Backlash is one of the major characters of the WildStorm universe which started in the early 1990s when the famous Jim Lee was one of the founding fathers of Image Comics. Backlash, Deathblow, Wetworks, Gen13 and WildCATS: Covert Action Teams were all connected with each other and many of the major characters were linked together in the Team 7 series of prequel stories.
With those details laid down, here is a look back at Backlash #6, published in 1995 by Image Comics with a story written by Brett Booth, Jeff Mariotte and Sean Ruffner. Booth and Dan Norton were the illustrators.
The cover.
Early story
The story begins inside the Wildlife Organization Research institute in northern Montana. After Dane and Grail (the Filipino soldier Salvador Joel Alonday) of Wetworks easily took out two guards, a third one suddenly tried to attack them only to be killed by Backlash. While the three of them are on a stealth mission, Backlash tells Dane that it’s not too late for Wetworks to pull out as it is not their fight. Dane dismisses the remark and insists on pursuing their objective.
Over at a medical institute in Detroit, Taboo and Cyberjack are operating on their own mission which is directly linked with that of Backlash and Wetworks.
Quality
Backlash and the WildC.A.T.S. at the team’s headquarters.
As the sixth issue of its series, this tale has a lot at stake and the writers took their time to balance the build-up with pay-offs and twists. Without spoiling the plot, I can say that a lot is at stake for Backlash as there is something really personal about the missions and the final scene. I can also say that this is a well-crafted comic book that was clearly made with Backlash fans in mind even as the creative team did their parts in expanding the lore of the original WildStorm universe using a clever mix of science fiction and paramilitary action.
I really enjoy reading this comic book and it also has some fine moments that defined Backlash’s personality. The added crossovers with WildC.A.T.S. and Wetworks added not only to the spectacle but also to the depth of the plot. This Backlash comic book is clearly not another adventure but an actual turning point for the former Team 7 member and the series as a whole. That being said, I am looking forward to reading the next issue.
Conclusion
Backlash with Dane and Grail of Wetworks during the mission.
Backlash #6 (1995) is a very solid read. Not only was it an improvement over the previous issue, it raised the stakes high and managed to live up to the expectations. The build-up is really powerful and the way the story ended justified it. I can say that anyone who managed to start reading each of the first five issues of Backlash will experience the power of the ending of this comic book. That being said, you better read all the previous issues before reading this one.
Overall, Backlash #6 (1995) is highly recommended.
The Bureau of Immigration (BI) announced that it is intensifying its efforts to find and arrest foreigners who illegally staying in the Philippines, according to a Philippine News Agency (PNA) news article. The BI also warned fugitives overseas not to attempt to enter the country.
To put things in perspective, posted below is an excerpt from the PNA news article. Some parts in boldface…
The Bureau of Immigration (BI) has intensified its efforts in arresting and deporting foreign fugitives.
This came after Commissioner Joel Anthony Viado ordered the bureau’s fugitive search unit (FSU) to strengthen its actions in locating and arresting foreigners who are illegally staying in the country.
He also directed the FSU to explore data sharing agreements to receive information on fugitive records in a more timely manner.
“The faster we receive critical information, the faster we can arrest and deport these fugitives. Fugitives have no place in the Philippines,” he said in a statement on Wednesday.
He also warned foreign fugitives not to attempt to enter or stay in the Philippines, following the deportation of two-high profile fugitives.
On Monday, the BI deported 36-year-old Japanese national Sasaku Yohei, a member of a Cambodia-based telecommunication syndicate engaged in kidnapping, illegal detention, extortion, and fraud.
BI officers also intercepted Australian national Rodrigo Elices, 32, last Nov. 28 at the NAIA Terminal 3 from Abu Dhabi, after he was found to be a subject of a red notice from the International Criminal Police Organization (Interpol).
Viado also cited information obtained by the BI that Elices is a member of the notorious “Hells Angels” gang, an internationally outlawed club of motorcycle riders allegedly involved in organized crime, including drug trafficking.
Let me end this post by asking you readers: What is your reaction to this recent development? Do you think the BI will be able to arrest and deport foreign fugitives nationwide while also preventing undesirable foreigners from entering the country?
Welcome back, my readers, YouTube viewers and all others who followed this series of articles focused on YouTube videos worth watching. Have you been searching for something fun or interesting to watch on YouTube? Do you feel bored right now and you crave for something to see on the world’s most popular online video destination?
I recommend you check out the following topics and the related videos I found.
#1American shopping malls could solve the nation’s housing problems? – It is no secret that there is a shortage on housing in the United States. In recent times, there is a trend that sounds unbelievable at first but it is indeed happening – the conversion of certain shopping malls into new residential places. You have to watch the CNBC video below to find out more. Perhaps you want to check if the failing shopping mall near you is being converted into new housing for your community.
#2 Japanese RPGs with mature stories – Role-playing games made by Japanese game developers always have stories to tell regardless of the types of game design and gameplay features that were made. There are JRPGs with fantasy tales that were inspired by other works of the genre while other tales were made to be original by their respective game developers. From time to time, developers come up with stories that can be described as mature. To find out what I mean, I encourage you to watch the video by Gaming Broductions below.
#3 Slope’s Game Room examines the legacy of Paperboy – Among all the arcade games I played inside Circus Circus Hotel in Las Vegas in 1989, Paperboy was the one that stood as the most memorable. The game was a lot of fun and its presentation was also humorous in a cartoony way. Then there was also the bicycle handle the arcade machine had for controlling my character. By today’s standards, it is unlikely you will find an existing and working machine of Paperboy in your local arcade. If you are a newcomer and you want to learn more about the origin and impact of the Paperboy game franchise, watch the video by Slope’s Game Room.
#4 A look back at 2001’s Swordfish – Hollywood today keeps on making sub-par action movies because a lot of filmmakers as well as production teams are obsessed with identity politics and woke garbage. Not only are there woke and Leftist activists among Hollywood’s workers, there are private investors funding film projects with DEI (Diversity, Equity and Inclusion). That being said, it is more entertaining to watch action movies from the pre-woke era of Hollywood and among them is Swordfish (2001) which starred John Travolta, Hugh Jackman, Don Cheadle and Halle Berry. The film is not exactly a gigantic blockbuster nor was it an action genre classic. In fact, it is flawed and does not require much thinking from viewers. But the mere fact that it is NOT WOKE makes it much more entertaining to watch than any of the action movies made by woke Hollywood people over the past several years. To get to discover Swordfish, watch GoodBadFlicks’ exploratory video and TBR Schmitt’s movie reaction video below.
#5 You, Me and the Movies’ Cliffhanger reaction video – Way back in 1993 here in the Philippines, there was a short period when both Steven Spielberg’s Jurassic Park and Sylvester Stallone’s Cliffhanger played simultaneously in the cinemas which resulted in a huge amount of moviegoers lining up for tickets. While Jurassic Park is iconic, Cliffhanger has a more intriguing pre-production and production history. Even though Carolco had major financial problems and Stallone had a fear of heights, the film was eventually made and became a big hit worldwide. To find out if Cliffhanger is still entertaining, watch You, Me and the Movies’ reaction video.
#6 A look back at Die Hard with a Vengeance – I still remember way back in the middle of 1995 how disruptive Die Hard with a Vengeance was as soon as it opened in cinemas here in the Philippines. People left and right suddenly started making plans to watch the film and find out what kind of opposition John McClane (Bruce Willis) would face. While I found the 1995 movie inferior to the classic Die Hard of 1988, it still was enjoyable. For some reason, the film was released in Philippine cinemas as “Die Hard 3” and on local TV as “Die Hard 3: With a Vengeance.” If you have seen the movie and you want to revisit it, watch the follow videos I selected.
#7 Die Hard Arcade documentary by PatmanQC – Decades ago, there was a Sega-produced video game that had a notable movie license – Die Hard Arcade. I had friends who enjoyed that game so much in the local arcades and later on Sega Saturn. A few of them even were convinced to replay Die Hard (1988) on home video. You might be wondering if Sega and 20th Century Fox collaborated to make Die Hard Arcade for many people to enjoy. Actually, it’s more complicated than that and to find out why, I encourage you to watch PatmanQC’s Die Hard Arcade documentary now.
8. Woke Disney’s Snow White movie massively rejected online – Even if there were no controversies at all, I really have no intention to watch the 2025 Snow White movie of woke Disney. Even until now, a lot of members of the public have been rejecting it online and no matter what Disney does, they just keep on failing to salvage the film. Watch and learn from the video of RK Outpost below.
In a move to boost the Philippines’ standing in international tourism, President Ferdinand “Bongbong” Marcos, Jr., signed into law the priority measure of providing Value Added Tax (VAT) refund for foreign tourists, according to a Philippine News Agency (PNA) news article.
To put things in perspective, posted below is an excerpt from the PNA news article. Some parts in boldface…
President Ferdinand R. Marcos Jr. on Monday signed into law a measure providing refund of Value Added Tax (VAT) for foreign tourists to attract more travelers and position the country as a “premier global shopping destination.”
Republic Act (RA) 12079 or the VAT Refund for Non-Resident Tourists will establish a VAT Refund System on locally purchased goods, Marcos said in his speech during the ceremonial signing in Malacañang.
Under the new law, tourists can claim a refund on the VAT for goods personally purchased at accredited retail outlets, provided these goods are taken out of the country within 60 days and meet a minimum transaction requirement of PHP3,000.
This initiative opens a new chapter in the Philippines’ tourism landscape, according to the President, allowing the country to compete with other tourism markets that attract tourists who are eager to take home authentic, high-quality Filipino products.
With the new law, an estimated 30 percent increase in tourist spending is projected which will benefit both large-scale industries and micro, small, and medium enterprises.
“These products tell our stories, and now, with the VAT refund, they will be able to be more accessible to global consumers, elevating once again our stature in the global market,” Marcos said.
Let me end this post by asking you readers: What is your reaction to this recent development? With the new law signed already, do you expect it to help the Philippines attract more foreign tourists as well as better spending from each of them during they stay in the country?
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. Jangou Lady arcade flyer
If you were to play Mahjong digitally, does sex appeal motivate you to do so?
Are you fond of playing the tile-based game Mahjong? Believe it or not, there were indeed ways to play Mahjong in digital form inside the arcade or in gambling joints in Japan. The game Jangou Lady allows users to play rounds of Mahjong but with a notable additive – the digital art of women which serves as an attraction. In the sex appeal is clearly evident on this arcade flyer from the 1980s.
2. Star Wars: Return of the Jedi arcade flyer
Really nice art based on the movie.
Way back in 1983, Return of the Jedi delighted moviegoers in the cinemas throughout America. Behind the scenes, video game giant Atari acquired the movie license to make the 1984 arcade game Star Wars: Return of the Jedi. The arcade flyer’s front featured a highly detailed hand-drawn art of Darth Vader, the Death Star, Luke Skywalker and Storm Troopers on hover bikes, and the Millennium Falcon which reflect the selected elements of the movie that were turned into playable sections. The image of the arcade machine was understandably inserted as it came with an unusual controller. This flyer is still captivating to look at.
3. Over Drive arcade flyer
This arcade flyer is a reminder that Konami was notable for hiring pretty and sexy women for their print ads.
In 1990, Konami produced a racing game for the arcades with a unique style of presentation. That game was Over Drive and it stood out among the many racing games in the arcade mainly because of its first-person view (with a digital version of the steering wheel and driver’s hands at the bottom of the screen) and unique approach on sprite-scaling. To promote the game, Konami hired sexy models for photography for use in both the arcade flyer and the exterior images on the machine. Having sexy models posing with a winning driver added to the motorsport racing vibe needed to promote the game.
4. American Gladiators for NES print ad
I saw American Gladiators on TV but never played this game.
American Gladiators was a syndicated TV show that featured a variety of games in which amateur athletes compete with the established gladiators to succeed and become the next American Gladiator. Due to its success, it was not surprising that video game adaptations of the show were realized just a few years after its debut. In 1991, GameTek released the American Gladiators game on the Nintendo Entertainment System (NES) and promoted it with this print ad that showcased their established gladiators of the time. This ad’s design was made to catch the attention of the fans.
5. Arch Rivals for NES print ad
I remember seeing a lot of people crowding in front of an Arch Rivals machine in the local arcade long ago.
Years before NBA Jam, there was Arch Rivals. Arch Rivals was a full court basketball video game in which players are allowed to punch players from the opposition in order to steal the ball and score. Over a year after the game’s 1989 arcade debut, the NES version was released and the publisher came up with a print ad showcasing a hilarious and cartoony artwork (the same art used for the game’s box cover) which gave readers a clear idea of what to expect. The art used is timeless and it still is funny to see.
6. Sega Sports print ad
See any Sega Sports video game you like?
Back in the 1990s, Sega excelled with sports video games. They were so aggressive, they established their sub-brand Sega Sports and this particular print ad showed one page promoting assorted sports video games (basketball, golf, baseball, tennis, boxing and American football) for the Sega Genesis and the other page with an exaggerated image of a guy with the line “Relive your jock itch” posted. Historically, a lot of American players and owners of the Genesis are slightly older than those on NES and Super Nintendo Entertainment System (SNES) during the 1990s and the strong sports games approach is a key factor.
7. Plumbers Don’t Wear Ties print ad
When I first saw this print ad, it did not interest me as the presentation is lousy.
The 3DO console is remembered for having a lot of games that used full-motion videos and photo slides regardless of what game designs came with them. Back in the 1990s, games designed as visual novels or dating simulations were still new in console gaming in the West. Following the PC version’s release, a 3DO port of Plumbers Don’t Wear Ties came out in 1994 and it received overwhelmingly negative reviews. The print ad here promoted the game as “an interactive romantic comedy” and fake quotes were displayed to fool ignorant readers that the game was entertaining. The print ad’s visual design had a mess of poorly implemented images. Ironically, this ad accidentally gave readers the idea that it was a slideshow game.
8. Dragon: The Bruce Lee Story and Demolition Man games print ad
If you saw the movies, did you play their respective video game adaptations?
The 1990s is remembered for the many movie-based video games that got released. Back in those days, a lot of Hollywood movie productions had video game adaptations as part of the business process and this is evident with the Dragon: The Bruce Lee Story and Demolition Man games released by Acclaim. For this particular print ad, the marketing team came up with a single-page ad to promote the two games with heavy emphasis on movie imagery leaving little room left for screenshots and other details. The way I look at this old print ad, it seems that Acclaim was aiming for not just movie fans but also gamers who like 2D fighting games and 2D action-adventure games.
9. Army Men: Sarge’s Heroes print ad
This print ad by 3DO is still funny to see.
In the late 1990s, The 3DO Company focused mainly on producing video games on multiple platforms and they had their own video game franchise based on the green plastic figures with a military theme. In 1999, they released Army Men: Sarge’s Heroes for PlayStation and Nintendo 64 (N64). To market the game, they had a hilarious visual concept of several solders freezing on an ice tray as a long green soldier marching on. This print ad always caught my attention while reading game magazines and it still is funny to stare at.
10. Sega Ages print ad
I can only speculate that Sega accepted Working Design’s financial offer for the publishing rights in North America.
Sega Ages is a series of ports and remakes of Sega’s own games (arcade and console) bundled together as compilations released on the modern consoles of the time. While Sega itself published Sega Ages on their Saturn console and Europe, the North American compilation was published by Working Designs under their separate brand Spaz which this particular print ad showed. While the classic Sega games of After Burner II, OutRun and Space Harrier often caught my attention, this ad made me wonder why did not Sega publish this compilation on the Saturn in North America themselves. Looking at this ad now remains awkward.
11. Sega Saturn North American print ad
Did you ever own a Sega Saturn in 1995?
While a lot of gamers and retailers were caught off-guard by Sega’s surprise early launch of the Saturn console in America, they still went ahead aggressively marketing the machine knowing they have a few months’ head start before the American launch of PlayStation. This print ad was designed to intrigue readers showing a bald lady whose head was made to look like the planet Saturn and next to her were images of Sega’s hottest games of the time – Virtua Fighter 2 and Virtua Cop. Sega relied strongly on imagery to promote their console with this print ad. It was somewhat weird yet eye-catching.
12. NBA Action ’95: Starring David Robinson print ad
David Robinson was the MVP of the NBA in 1995 but he failed to lead his team to the NBA championship back then. He would late win the NBA championship in the shortened 1999 season.
As mentioned early, Sega was aggressive the sports videos games and almost all of them were their own console exclusives. Their tradition of hiring professional athletes as endorsers continued during the age of the Genesis and Game Gear when they hired an NBA superstar as an endorser resulting in the Sega Sports basketball game titled as NBA Action ’95: Starring David Robinson. By the time the video game was released, Robinson was already the reigning Most Valuable Player (MVP) of the NBA. This print ad of Robinson in action still looks impressive but with a big catch – the superstar’s 1995 MVP achievement was arguably forgotten as he and his team (San Antonio Spurs) got eliminated by the Hakeem Olajuwon-led Houston Rockets in the Western Conference Finals. It did not help that Olajuwon outplayed Robinson a lot in that very playoff series. That is a sad reminder that also came with this Sega Sports print ad.
Based on available details and key factors, an executive of the Department of Trade and Industry (DTI) stated that the Philippines is unlikely to be hit by the planned tariff hikes of the returning United States President Donald Trump whose administration will formally start on January 20, 2025, according to a Philippine News Agency (PNA) news article.
To put things in perspective, posted below is an excerpt from the PNA news article. Some parts in boldface…
Department of Trade and Industry (DTI) Undersecretary Ceferino Rodolfo said Monday that the Philippines is unlikely to be targeted by the planned tariff hikes under the incoming administration of United States President-elect Donald Trump, citing the balanced and healthy trade relationship between the two countries.
Rodolfo noted that the Philippines’ trade deficit with the US stood at USD4 billion in 2023, far smaller than the deficits the US faces with other Asian countries, including China (USD300 billion), Vietnam (USD109 billion), Japan (USD75 billion), South Korea (USD55 billion), India (USD47 billion), and Thailand (USD43 billion).
“We believe that countries with which the US has a huge trade deficit—particularly those which worsened during the past four years—will be likely targets of additional US tariffs,” he said.
He added that this puts the Philippines in a strong position as the US looks to address trade imbalances.
“With the Trump administration’s focus on reducing trade deficit, the Philippines can leverage the balanced and healthy Philippines-US trade, indicating a mutually beneficial trade relationship,” the DTI official added.
Strengthening ties – Rodolfo said DTI Secretary Cristina Roque and Special Assistant to the President for Investment and Economic Affairs Secretary Frederick Go are working closely with the US government to ensure “even closer economic relations” with the long-time ally in preparation for Trump’s assumption into office.
He also pointed out that Trump’s pick for Department of State Secretary, Senator Marco Rubio, has been a strong proponent of closer economic and strategic ties between the US and the Philippines.
Rubio filed Senate Bill 4703, or the Philippines-US Strategic Partnership Act, which aims to enhance economic relations between the two countries.
The bill, filed on July 11, 2024, proposes to negotiate a critical minerals agreement with the Philippines; to prioritize support from the US International Development Finance Corporation for projects involving critical minerals and fossil fuels in the Philippines; and to identify additional US agencies that could invest in the Philippines, including the Department of Defense’s Office of Strategic Capital.
Let me end this post by asking you readers: What is your reaction to this recent development? Do you think the Philippines won’t be hit by Trump’s planned tariff hikes? Are you hoping that under a Trump presidency, the Philippines and America will be able to have a free trade agreement?
Welcome back, my readers, YouTube viewers and all others who followed this series of articles focused on YouTube videos worth watching. Have you been searching for something fun or interesting to watch on YouTube? Do you feel bored right now and you crave for something to see on the world’s most popular online video destination?
I recommend you check out the following topics and the related videos I found.
#1A look back at Tobal No. 1 – The 1990s will always be remembered as the decade when fighting games became wildly popular. While franchises like Tekken, Virtua Fighter, Street Fighter and The King of Fighters literally flooded the arcades and consoles, game developers at DreamFactory (a subsidiary of Square) were dissatisfied with the state of fighting games at the time and this eventually led to the creation of Tobal No. 1, one of the most unique games of its genre ever made. To learn more about it, watch the video below.
#2 Assorted videos of Air Force One (1997) – Watching Air Force One (starring Harrison Ford) on the big screen in 1997 was a fun experience for me. It was one of the many so-called Die Hard clones of the 1990s which featured one brave, vulnerable hero fighting terrorists while confined in a place where escape is not option. For your enjoyment, I selected one trivia video and a few reaction videos of Air Force One. As it is a great film, I encourage you to watch it first in case you have not seen it. Otherwise, go watch the selected videos below.
#3 Slope’s Game Room’s look back at the Choplifter series – I first played Choplifter on the Family Computer back in the late-1980s and it really was both unique and fun to play. It was a side-scrolling adventure game with military action but it was not an all-offense experience. In fact, the game gives you opportunities to rescue hostages and the game development history is pretty interesting to discover. As such, I encourage you to watch Slope’s Game Room’s retrospective of Choplifter.
#4 The games of Square in the 1990s remembered – If you know your video game history, Square Enix was established in 2003 as a result of a merger between Square (AKA SquareSoft) and Enix. When Square was still an independent, standalone company it released a lot of memorable games on the Super Nintendo Entertainment System (SNES) and the PlayStation in the 1990s. If you love retro gaming and if you are interested to discover (or rediscover) what Square released back in the 1990s, then this video is for you.
#5 Canadian Prime Minister Justin Trudeau receives response from returning US President Donald Trump regarding new tariffs – Justin Trudeau – the super woke and out-of-touch Canadian Prime Minister – told the returning US President Donald Trump that new tariffs would kill the economy of Canada. The result is a memorable response from Trump. To see what happened and how the public reacted, watch this Sky News Australia video. Lastly, never ever trust Trudeau. You will regret it believing in him as he is a very bad leader.
#6 Kamala Harris being hit by her donors and her fellow Democrats for reckless campaign spending – The defeated Commie Kamala Harris is now the target of her US presidential campaign donors and even her fellow Democrats. You see, her campaign team raised at least $1.5 billion and ended up with a debt of at least $20 million due to reckless spending and irresponsible handling of money. Apart from literally BUYING the support of celebrities and Hollywood Communists, the Harris campaign spent excessively on online ads, private jets and others. The donors are very furious and a lot of Democrats realized that the laughing hyena Kamala Harris severely damaged the political party. That being said, Kamala Harris would be delusional enough to actually run for US President again in 2028. Watch and learn from Sky News Australia’s video.
#7 You, Me and the Movies react to Friday the 13th Part VIII: Jason Takes Manhattan – Years I ago, I posted my retro review of Friday the 13th Part VIII: Jason Takes Manhattan. The 1989 Friday The 13th sequel was so sloppy and bad with its presentation, it sometimes could be funny to see and it’s okay to ridicule it. If you want to discover Jason Takes Manhattan without spending too much time, you should watch the reaction video of You, Me and the Movies.
8. The collapse of the Assad dictatorship in Syria – In case you missed the news, a new chapter in the history of Syria has officially started as the dictatorship of Bashar al-Assad officially ended with the Islamist rebels taking over the country. Assad and his family are now in Russia. While there is euphoria going on in Syria, you should not allow yourselves to be deceived because the civil war in Syria was never a case of “good versus evil”. Assad was allied with Russia and terrorist state Iran. Meanwhile, the Syrian rebels are allied with the Islamist Turkish forces, Jihadists, terrorists and they have Al-Qaeda members in their ranks. Syria now has a new beginning but where will it go? Watch the videos I selected for your viewing and learning.
Recently the Development Budget Coordination Committee (DBCC) adjusted its economic growth targets for the Philippines covering the next few years in relation to varied factors, according to a BusinessWorld news report.
To put things in perspective, posted below is an excerpt from the BusinessWorld news report. Some parts in boldface…
THE Development Budget Coordination Committee (DBCC) on Monday trimmed the economic growth target for this year to a range of 6-6.5% but widened the target band to 6-8% for 2025 until 2028, due to “evolving domestic and global uncertainties.”
Budget Secretary Amenah F. Pangandaman, who chairs the DBCC, said Philippine gross domestic product (GDP) is now projected to grow by 6-6.5% this year, narrower than the previous 6-7% goal.
“Despite domestic challenges, we are optimistic that we can still attain our growth target for the year of 6% to 6.5%. In particular, we expect the Philippine economy to bounce back during the last quarter, given the anticipated increase in holiday spending, continued disaster recovery efforts, low inflation, and a robust labor market,” she said at a briefing after a DBCC meeting on Monday afternoon.
The DBCC’s review of the macroeconomic assumptions came after the Philippine economy expanded by a weaker-than-expected 5.2% in the third quarter, which was the slowest since the 4.3% logged in the second quarter of 2023.
In the first nine months, GDP growth averaged 5.8%. To meet the lower end of the government’s revised 6-6.5% target band, the economy would need to grow by 6.5% in the fourth quarter.
Finance Secretary Ralph G. Recto said the Philippine economy can still “realistically” grow by 6% for the full year.
“The growth assumptions for 2025 to 2028 have been given a wider band of 6% to 8%, reflecting the anticipated impact of structural reforms and evolving domestic and global uncertainties,” Ms. Pangandaman said.
To achieve the targets, she said the government is committed to “accelerating infrastructure investments, enhancing the ease of doing business, and boosting national competitiveness.”
The DBCC chair said they expect the recently signed Republic Act No. 12066 or Corporate Recovery and Tax Incentives for Enterprises to Maximize Opportunities for Reinvigorating the Economy (CREATE MORE) Act to spur faster growth and attract more foreign investments.
FISCAL program – “We have maintained our medium-term fiscal targets for 2025 to 2028. This means that we remain determined to reduce the country’s deficit in a more gradual and realistic manner, while also bolstering long-term investments that create more jobs, increase incomes, and decrease poverty incidence,” Ms. Pangandaman said.
The DBCC said it raised the deficit ceiling for 2024 to -5.7% of GDP from -5.6% previously. It kept the deficit ceiling at -5.3% of GDP for 2025, -4.7% for 2026, -4.1% for 2027 and -3.7% for 2028.
For this year, the DBCC raised the revenue outlook to P4.383 trillion in 2024 from P4.27 trillion previously. Revenue targets were kept at P4.644 trillion for 2025, P5.063 trillion for 2026, P5.627 trillion for 2027, and P6.249 trillion for 2028.
Let me end this post by asking you readers: What is your reaction to this recent development? Do you think the DBCC is correct with its GDP projections for the Philippines for the next few years?
Recently the Philippine Health Insurance Corporation (PhilHealth) confirmed that it has enough funds to cover the benefit package payments and other matters for its members in 2025, according to a Philippine News Agency (PNA) news article.
To put things in perspective, posted below is an excerpt from the PNA news article. Some parts in boldface…
The Philippine Health Insurance Corporation (PhilHealth) on Monday said it has sufficient funds to cover all the benefit package payments and planned expansion of package rates next year.
In a media forum in Pasig City, PhilHealth Senior Vice President Renato Limsiaco Jr. said all Filipinos can avail of their benefit packages both in hospital and primary care whether they pay monthly premiums or not.
This came after Congress and the Department of Budget and Management appropriated only PHP53.26 billion worth of premiums covering only 14 million out of the 25.28 million indirect contributors to PhilHealth.
The state insurer has requested a PHP150.92 billion budget to cover all its indirect contributors.
“This year from the sin tax fund, we received PHP40 million and the PCSO (Philippine Charity Sweepstakes Office) and PAGCOR (Philippine Amateur Gaming Corporation), PHP21.73 million, we received PHP61 million all in all,” Limsiaco said.
“And for next year, another round of funding, so PHP21.1 million from PCSO for the improvement of benefits, and I think PHP47 million something is from the sin tax.”
He noted these funds will be added to the premium collection from direct contributors who are employees of the government and private companies, and those who are “self-paying”.
As of Oct. 31, the PhilHealth has a total fund of PHP485 billion pesos.
It has collected a total of PHP172.3 billion premium payments as of Nov. 22.It has disbursed Php148.4 billion for benefits payments, leaving a balance of PHP23.9 billion as of Nov. 22.
Let me end this post by asking you readers: What is your reaction to this recent development? Do you feel safer in relation to what the PNP announced? Have there been lesser crime incidents that happened in your local community this year?
The Philippine National Police (PNP) recently announced that crime all over the nation dropped by over 9% for the period of January to November 2024, 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…
Crimes in the country dropped by more than 9 percent in the past 11 months, the Philippine National Police (PNP) said Monday.
PNP spokesperson Brig. Gen. Jean Fajardo, in a press briefing at Camp Crame, Quezon City, said a total of 34,684 crime incidents were logged from Jan. 1 to Nov. 29 this year, a 9.43 percent decline from 38,294 incidents in the same period last year.
She said this data breaks the trend of soaring crime incidents during the “Ber” months, where there is an increase in mobility and economic activities.
Fajardo said the PNP aims to sustain these gains with intensified anti-criminality efforts, particularly the implementation of the Enhanced Managing Police Operations, with the aid of force multipliers and the public.
She said police visibility would be intensified in public places and churches, especially when the nine-day Simbang Gabi (Dawn Masses) starts on Dec. 16.
Aside from the holiday season, Fajardo said the police force is also beefing up security preparations for next year’s midterm elections.
Potential election areas of concern will undergo validation by the Joint Peace and Security Coordinating Council which includes the PNP, Armed Forces of the Philippines, Philippine Coast Guard and election officers.
Under the Comelec’s classification of election hotspots, areas under the red category are considered in a critical situation while those under orange have confirmed “presence of armed groups and organized movements outside the law.”
Let me end this post by asking you readers: What is your reaction to this recent development? Do you feel safer in relation to what the PNP announced? Have there been lesser crime incidents that happened in your local community this year?
