With its own analysis of varied economic factors, Metrobank stated that the Philippine Peso could end up at a rate of P59.70 to the US Dollar by the end of this year, according to a BusinessWorld news report.
To put things in perspective, posted below is an excerpt from the business news article of BusinessWorld. Some parts in boldface…
THE PESO may settle at P59.70 against the dollar by end-2026 on expectations of an economic rebound driven by improved investor confidence, Metropolitan Bank & Trust Co. (Metrobank) said.
In a commentary dated Feb. 10, Metrobank trimmed its peso forecast for end-2026 to P59.70 a dollar from P60.80 previously. It likewise projects the peso to end 2027 at P58.50 versus the greenback, from its earlier estimate of P58.90.
“(A)n anticipated economic growth rebound and improved investor confidence, thanks to better government spending, could support the peso,” it said.
If the bank’s 2026 forecast holds true, the local unit would end the year weaker than its P58.79 finish against the dollar on the last trading day of 2025.
The lingering effects of the flood control corruption scandal and uncertainties in the global market pushed the peso to test new lows at the start of the year.
On Jan. 15, it closed at P59.46 per dollar, breaking the previous all-time low of P59.44 recorded just the day prior.
However, it has recently strengthened amid a weak dollar. On Wednesday, the local unit hit a near four-month high after closing at P58.29 versus the greenback, up 24 centavos from its P58.53 finish on Tuesday, data from the Bankers Association of the Philippines showed.
Meanwhile, Metrobank noted that the peso could struggle to regain further strength as the country’s current account is projected to remain at a shortfall this year.
“Still, the projected current account deficit this year — although narrower than last year’s — would cap the peso’s strength,” it said.
Based on the latest central bank data, the current account balance stood at a $12.5-billion deficit by the end of the third quarter. This was equivalent to -3.6% of gross domestic product (GDP).
Let me end this post by asking you readers: What is your reaction to this recent development? Do you think the Peso could perform better against the US Dollar and end up better than what Metrobank estimated? Do you think a weaker Peso would be very helpful to the exporters?
With the final economic numbers of 2025 counted, it has been confirmed that approved foreign investments in the Philippines fell down by more than 50%, according to a news report by BusinessWorld.
To put things in perspective, posted below is an excerpt from the business news article of BusinessWorld. Some parts in boldface…
APPROVED foreign investments in the Philippines plunged by 50.1% year on year to P272.38 billion in 2025, its sharpest fall in five years, the Philippine Statistics Authority (PSA) reported on Thursday.
Preliminary data from the PSA showed that the value of foreign commitments approved by the country’s investment promotion agencies (IPA) in 2025 was lower than P546.19 billion in 2024.
This was the steepest drop in foreign investments since the 71.3% drop recorded during the pandemic in 2020. By value, this was the lowest amount of approved foreign investments since the P241.89 billion recorded in 2022.
Singapore was the top source of investment pledges for 2025 after committing P92.78 billion, or 34.1% of the total. It was followed by the Netherlands with P35.98 billion (13.2% share) and Japan with P34.03 billion (12.5%).
Analysts attributed the sharp drop in foreign investment pledges to the sluggish investor confidence in the Philippines arising from global trade uncertainties, natural disasters and the flood control corruption scandal.
“In a nutshell, the decline in approved foreign investment pledges in 2025 was driven by a mix of weaker investor confidence due to governance and corruption issues, global economic uncertainties, cautious corporate behavior, and an unusually high base of comparison from the previous year,” said Ser Percival K. Peña-Reyes, director of the Ateneo Center for Economic Research and Development.
Marco Antonio C. Agonia, an economist at the University of Asia and the Pacific, said uncertainty over the US tariffs may have also dissuaded foreign investors from setting up operations in the Philippines.
The United States imposed a 19% tariff on most Philippine goods beginning Aug. 7, 2025.
“Similarly, weaker growth prospects from repeated natural disasters and the flood control scandal may have encouraged foreign companies to scrap or defer their investment plans in the country,” Mr. Agonia said in an e-mail.
The Board of Investments (BoI) approved P150.34 billion worth of investment pledges in 2025, accounting for 55.2% of the total. It was followed by the Philippine Economic Zone Authority (PEZA) with investment pledges worth P107.06 billion (39.3% share), and the Bases Conversion and Development Authority (BCDA) with P7.01 billion (2.6%).
For 2025, about 45% or P122.48 billion of the total approved foreign investments will go to the energy sector, followed by manufacturing with P81.41 billion (29.9% share) and real-estate activities with P26.31 billion (9.7%).
In 2025, Calabarzon (Cavite, Laguna, Batangas, Rizal, and Quezon) cornered around P100.43 billion worth of these investment pledges. Central Luzon will get P70.74 billion while the Bicol Region got P50.76 billion.
Let me end this post by asking you readers: What is your reaction to this recent development? Do you think the Philippines still has a lot of work to do and many challenges to resolve before it could convince foreign investors to come in? Do you think the national government is doing good enough to make the country attractive to foreign investors again?
For more South Metro Manila community news and developments, come back here soon. Also say NO to fake news, NO to irresponsible journalism, NO to misinformation, NO to plagiarists, NO to reckless publishers and NO to sinister propaganda when it comes to news and developments. For South Metro Manila community developments, member engagement, commerce and other relevant updates, join the growing South Metro Manila Facebook group at https://www.facebook.com/groups/342183059992673
The ambitious trade deal between America and Japan is beginning to take shape as the administration of US President Donald J. Trump unveiled the first set of multi-billion Dollar projects, according to a news report by Kyodo News.
To put things in perspective, posted below is an excerpt from the news report of Kyodo News. Some parts in boldface…
U.S. President Donald Trump’s administration said Tuesday that Japan will finance the production of synthetic diamonds and two energy projects worth about $36 billion as the initial tranche of investments under a deal reached last year following months of tariff negotiations.
Trump’s announcement that the three projects had been selected, as part of a $550 billion package that Japan committed to in exchange for his administration reducing tariffs on Japanese cars and other goods, was confirmed hours later by Japanese Prime Minister Sanae Takaichi.
“These projects are so large, and could not be done without one very special word, TARIFFS,” Trump wrote on his Truth Social platform. “America is building again. America is producing again. And America is WINNING again.”
Calling it a historic time for the United States and Japan, he said a critical minerals project will be carried out in Georgia, along with plans for an oil facility in Texas and power generation infrastructure in Ohio.
Commerce Secretary Howard Lutnick said the United States and Japan will build the largest-ever natural gas infrastructure in Ohio, expected to produce 9.2 gigawatts of power, a deepwater crude oil export facility in the Gulf of Mexico and establish synthetic industrial diamond manufacturing capacity in the United States.
Lutnick said the deepwater facility is likely to generate $20 billion to $30 billion in U.S. crude oil exports annually.
Takaichi said on social media that the gas infrastructure will power artificial intelligence data centers, and the production of synthetic diamonds used in the semiconductor, auto and aviation industries is aimed at reducing the two countries’ overreliance on a specific country, without naming China.
“Going forward, Japan and the United States will continue working closely to further coordinate the details for implementing each project, ensuring their early and smooth execution,” Takaichi said in an X post.
Under a trade deal struck in July last year, Japan has committed to investing $550 billion in the United States by the end of Trump’s second term in January 2029.
Japan’s commitment comprises investments, loans and loan guarantees from Japanese government-backed financial institutions.
Japan’s industry minister Ryosei Akazawa told reporters in Tokyo that about $33.3 billion will be invested in the gas infrastructure, with Japanese companies such as Hitachi Ltd., Mitsubishi Electric Corp., Toshiba Corp. and SoftBank Group Corp. interested in participating in the project.
The project to increase U.S. crude oil exports is valued at $2.1 billion and the production of synthetic diamonds is worth $600 million, according to Akazawa, who mentioned Japanese firms such as Mitsui O.S.K. Lines Ltd., Nippon Steel Corp. and Asahi Diamond Industrial Co. in connection with these initiatives.
Last week, Akazawa and Lutnick agreed in Washington to speed up the selection process for the first round of investments, as the two countries prepare for Takaichi’s visit to the United States next month.
Japan and the United States have said that the investments will focus on strategic sectors, such as critical minerals, semiconductors, artificial intelligence and energy, to advance their national security interests and economic objectives.
The memorandum of understanding between Japan and the United States, signed by Akazawa and Lutnick in September last year, stipulates that Trump will ultimately choose projects recommended by an “investment committee” chaired by the commerce secretary and composed solely of U.S. officials.
Let me end this piece by asking you readers: What is your reaction to this development? Do you think the first projects of the US-Japan trade deal will create huge economic impact over the next few years? What other ambitious projects do you think Japan and America will focus on next?
Remember Japan’s commitment of investing $550 billion into core industries in the United States? The two great nations had a high-level meeting in Washington and they agreed to speed up the selection of the first round of investment projects under the multi-billion Dollar package before they are sent to US President Donald J. Trump for approval, according to a news report by Kyodo News.
To put things in perspective, posted below is an excerpt from the news report of Kyodo News. Some parts in boldface…
Japan and the United States agreed Thursday to speed up selection of the first round of investment projects under a $550 billion package that Tokyo committed to last year following months of tariff negotiations, with a summit of their leaders about a month away.
Hours after his meeting with U.S. Commerce Secretary Howard Lutnick in Washington, Japanese industry minister Ryosei Akazawa told reporters a “significant gap” remained and more coordination was required to serve the mutual interests of the two countries.
“In conducting negotiations, we are naturally keeping in mind the goal of making Prime Minister (Sanae) Takaichi’s visit to the United States a fruitful one,” he said.
Akazawa’s meeting with Lutnick was believed to be part of last-ditch efforts to sort out the first batch of Japanese investment projects to be carried out in the United States, before they are sent to President Donald Trump for final approval.
Although Akazawa, who serves as economy, trade and industry minister, said there was some progress, neither side could unveil any specifics. While refusing to elaborate, he suggested differences remained over interest rates and business risk assessments.
“In a nutshell, as far as we are concerned, high-risk, high-return (investments), given that they also involve taxpayers’ money, are not something we are interested in,” he said.
The meeting with Lutnick took place a week after Trump said he would welcome Takaichi to the White House on March 19.
Under a trade deal struck in July last year, Japan has committed to investing $550 billion in the United States by the end of Trump’s second term in January 2029, in exchange for his administration reducing tariffs on Japanese cars and other goods.
The massive figure represents a combination of investments, loans and loan guarantees from Japanese government-backed financial institutions.
Japan and the United States have agreed that the forthcoming investments will focus on strategic sectors, such as critical minerals, semiconductors, artificial intelligence and energy, to support their national security interests and economic objectives.
For the initial tranche of investments, the construction of gas-fired power generation facilities for data centers, the production of synthetic diamonds used in the semiconductor industry and the development of a port are among the leading candidates, according to Japanese officials.
The memorandum of understanding between Japan and the United States, signed by Akazawa and Lutnick in September last year, stipulates that Trump will ultimately select projects recommended by an “investment committee” chaired by the commerce secretary and composed solely of U.S. officials.
Earlier in the process, the so-called consultation committee — comprising officials from both countries — is tasked with identifying potential investment projects.
The United States will forward investment projects that gain Trump’s endorsement to Japan for review, with Tokyo given 45 days to respond and transfer the necessary funds to Washington.
Let me end this piece by asking you readers: What is your reaction to this development? Do you think the two nations will reach an agreement over the first round of investment projects under the $550 billion package? Do you think the remaining challenges will be resolved in due time? Are you looking forward to Prime Minister Takaichi’s Washington visit and meeting with President Trump this March?
Now that the Liberal Democratic Party (LDP) won a great majority of the seats of Japan’s House of Representatives, Prime Minister Takaichi Sanae and her administration are now in a better position to implement policies to help the constituents and strengthen the nation, according to a news article by NHK World.
For insight, the LDP won 316 of the House of Representatives 465 seats. With the addition of the 36 seats won by the coalition partner Japan Innovation Party (JIP) – also referred to as Nippon Ishin no Kai – the grand total is 352 seats. This means the Prime Minister’s ruling coalition surpassed the two-thirds threshold required to overring the upper chamber (House of Councilors) and propose constitutional amendments. Very clearly, the voters of Japan have spoken and they want stability and the right direction for their country.
To put things in perspective, posted below is an excerpt from the news article of NHK World. Some parts in boldface…
Japan’s ruling Liberal Democratic Party overwhelmed the opposition for a historic victory in Sunday’s Lower House election.
Voters gave the LDP a massive majority of 316 seats, empowering Prime Minister Takaichi Sanae – who pledged to accelerate her policy agenda. This marked the first time in the postwar period that a single party secured more than two-thirds of the seats on its own.
But the largest opposition party, the Centrist Reform Alliance, lost a significant number of seats. Both of its co-presidents announced their resignations on Monday.
Takaichi vows to accelerate her policy agenda – The prime minister spoke with NHK about her plans after the landslide win.
She pledged to accelerate the implementation of what she calls “responsible and active fiscal policy,” while calling on opposition members to cooperate in areas where consensus can be reached.
A consumption tax cut was one of the major issues during the election campaign. The LDP had pledged not to apply the consumption tax to food items for a limited period of two years. Takaichi said she is eager to accelerate Diet discussions on the issue.
Asked about the cabinet, she said her current lineup is a good team.
“Just over three months have passed, but everyone is working hard and achieving results, so I am not thinking of changing it,” she added.
But she indicated that she would think about a cabinet position for the LDP’s coalition partner, the Japan Innovation Party, if the issue is raised.
Crushing defeat –The Centrist Reform Alliance, the largest opposition party, fell to a crushing defeat as it lost more than 100 seats. It held 172 prior to the election and was formed from two separate parties just before the poll.
For additional insight regarding the popularity of Prime Minister Takaichi and other related developments, watch the videos below.
Let me end this piece by asking you readers: What is your reaction to this development? Do you think Prime Minister Takaichi and her administration will come up with new and significant policies covering the economy, social norms and defense of the nation over the next twelve months? Do you sense a strong revival of Japan’s economy happening within the next few years? Do you think Communist China is now afraid of Prime Minister Takaichi being a more powerful Japanese leader? Do you think that the planned cooperation between Israel and Japan will proceed smoothly over the next six months?
Japanese Prime Minister Takaichi Sanae will continue to lead her nation as her political party the Liberal Democratic Party (LDP) is set to win a huge majority of the seats of the House of Representatives following the election that happened yesterday, according to a news report by Kyodo News. Already US President Donald J. Trump and Italian Prime Minister Giorgia Meloni congratulated Takaichi (click here and here).
For insight, Takaichi dissolved the House of Representatives a few weeks ago and this led to a short but intense election campaign. The voters of Japan have spoken favoring Takaichi and her party. That being said, February 8 is a sad day for the Commies, the woke, the pro-China candidates, and the Islamists as the opposition fared badly.
To put things in perspective, posted below is an excerpt from the news article of Kyodo News. Some parts in boldface…
Japan’s Liberal Democratic Party led by Prime Minister Sanae Takaichi is set to win a big majority in the House of Representatives in Sunday’s election, early returns and Kyodo News projections show, an outcome largely driven by her personal popularity that clears the way for her to stay on.
The LDP, which has formed a coalition with the Japan Innovation Party, has secured at least 243 seats, well over the majority line of 233, in the 465-member lower house, up from 198 before the contest.
Amid prolonged inflation and a growingly severe international environment, Takaichi has promised to pursue a “responsible yet aggressive” fiscal policy and boost the nation’s defense capabilities.
The ruling camp is projected to secure at least 261 seats in the powerful chamber, clearing the threshold for chairing all standing committees and outnumbering the opposition in those panels, thus helping it to push through its legislative agenda.
The main opposition party, the Centrist Reform Alliance, formed in January by uniting lower house members of the Constitutional Democratic Party of Japan and the Komeito party, is set to lose a significant number of seats, according to early returns and projections.
Following media reports of the LDP’s victory, Takaichi hinted at no major change to the lineup of the Cabinet, launched less than four months ago, during a TV program.
But she said she hopes that the JIP, which decided not to take ministerial posts when forming the coalition in apparent reflection of a cautious stance toward the LDP, will fulfill “its responsibility together in the Cabinet.”
It remains unclear, however, whether the JIP, known as Nippon Ishin, can retain its pre-election strength of 34 seats in the lower house.
“It was an election in which we felt pressure from the LDP,” JIP leader Hirofumi Yoshimura told a press conference in his party’s home prefecture of Osaka in western Japan, adding that it had tried to convince voters that it had an important role to play in the coalition in the campaign.
The focus is now on whether the LDP-JIP camp can win a two-thirds majority, or 310 seats, in the lower house, which would allow it to initiate a proposal for amending the Constitution, the LDP’s long-held goal, to put to a national referendum.
Takaichi expressed her hope that “concrete plans” to amend the supreme law will be debated at parliament.
The Sanseito party, a populist group known for its “Japanese First” slogan, is expected to make big strides, while Team Mirai, which advocates adoption of digital technologies to enhance political participation, is set to secure its first seat in the chamber, according to the polls.
Takaichi, who has maintained high popularity since becoming Japan’s first female prime minister last October, had pledged to “immediately resign” as Japan’s leader if the coalition failed to secure a majority in the powerful lower chamber.
Nearly 1,300 candidates vied for the 465 seats, with 289 elected from single-seat constituencies and 176 through proportional representation, where seats are allocated for parties based on votes received in 11 regional blocks across Japan.
Early voting received a boost as a record 27.02 million people cast their ballots in the days prior to Sunday, up around 6 million from the previous election in 2024.
Voter turnout stood at 56.24 percent, likely up around 2 percent points from the previous race, according to an estimate by Kyodo News as of 9 p.m.
Japan held a general election in February for the first time in 36 years, a move by Takaichi that has drawn criticism because heavy snowfall in many parts of the country made campaigning difficult. Tokyo and its nearby areas also had snow on Sunday.
As ordinary households have been struggling to cope with the rising cost of living, major political parties have pledged to reduce tax burdens on the campaign trail.
Under Takaichi, a security hawk, the ruling parties also sought support for their aim to beef up the country’s defenses in the face of an increasingly severe security environment.
While her Cabinet enjoys high support ratings, the ruling bloc had only a razor-thin majority with the support of some independents in the lower house before it was dissolved late last month.
Even if the ruling bloc manages to meet its target of securing a majority in the lower house, it remains in a minority in the House of Councilors, or the upper house, meaning that opposition party support is critical in passing bills.
For additional insight, watch the Nippon TV news video below.
Let me end this piece by asking you readers: What is your reaction to this development? With her own party having secured a lot more seats in the House of Representatives of Japan, do you think Prime Minister Takaichi and her team will be in a better position to achieve their agenda? Are you surprised to see the Satanic Left, the woke and the Communists of Japan lose more seats in the election that just happened? Now that the elections are over, do you think the illegal immigrants/aliens as well as the foreign criminals in Japan would be compelled to leave the country?
Let’s be very clear here. Americans overwhelmingly support the deportation of illegal aliens/immigrants who committed acts of crime. In the state of Minnesota, there are mobs of radicalized Leftists, social justice warriors (SJWs), extreme Democrats and other brainwashed activists who are doing everything they could to protect the illegal ones and that means rebelling against United States Immigration and Customs Enforcement (ICE) by using violence.
Of course, the Trump administration is simply not giving up as the White House confirmed that it is laser-focused on removing criminal illegal aliens from Minnesota. Very recently, ICE apprehended the wanted Guatemalan national Esdras Aaron-Rodriguez-Hernandez who was charged in 2024 with domestic assault. The suspect is up for deportation and he previously was heavily protected by the radicalized Democrats of Minnesota. Democrats have this ongoing tradition of rewarding and prioritizing criminals and even terrorists at the expense of their fellow Americans.
To put things in perspective, posted below is an excerpt from the White House press statement. Some parts in boldface…
The Trump Administration is aggressively removing dangerous criminal illegal aliens from Minnesota’s communities — predators that Radical Left Democrats insist on providing safe harbor.
A stark example: Last week, ICE apprehended Esdras Aaron Rodriguez-Hernandez, a Guatemalan national and accused domestic abuser, in a case that exposes the dangerous stupidity of Minnesota’s “sanctuary” policies — and the self-inflicted necessity of Operation Metro Surge.
In 2024, Rodriguez-Hernandez was arrested and charged with domestic assault (intentionally inflicting or attempting to inflict bodily harm on a family member) and released without bail. A warrant was issued after he didn’t show up for court, and he evaded justice for nearly a year.
In November, he was arrested on the warrant and booked into the Hennepin County Jail, only to be released the next day on a $100 bail. After a radical prosecutor downgraded the charge, he was granted a stay of adjudication and set free once again.
At every step, local officials in the “sanctuary” jurisdiction failed to notify ICE of his custody — forcing federal agents to expend significant resources tracking him down and putting Minnesotans at unnecessary risk.
Rodriguez-Hernandez now awaits deportation, joining a long list of criminal illegal alien thugs the Trump Administration has removed from Minnesota’s streets — often with zero help from leaders who prioritize criminals over citizens.
Let me end this piece by asking you readers: What is your reaction to this development? Are you surprised that Satanic Leftists of Minnesota went to the extremes to protect the suspect from ICE? Do you think that the radical Leftists have the means to violate national laws regarding immigration and crime? Do you consider Minnesota a very corrupted state under the control of radical Leftists? If anyone in your family has been heavily influenced by Democrats and their mainstream news media partners-in-crime, is he or she soft-hearted towards illegal aliens/immigrants?
The ties between Israel and Vietnam are only getting stronger which is crucial for the Jewish state as anti-Israel hatred remains intense in many parts of the world. Vietnam did not allow itself to be influenced by those who hate Israel as it boosted its ties with the Jewish state and already a lot of related developments have happened, according to a news article by The Jerusalem Post.
Recently Vietnam joined the Board of Peace which US President Donald Trump welcomed. If you connect the dots, Vietnam has blossoming ties with America which itself is Israel’s strongest ally in the world. This shows that stronger Israel-Vietnam ties make a lot of sense. The Southeast Asian nation is also a major destination for international travelers.
To put things in perspective, posted below is an excerpt from news article of The Jerusalem Post. Some parts in boldface.
While Israeli diplomacy undoubtedly has become more complex since the October 7 massacre, the relationship between Jerusalem and Hanoi has flourished, according to Israeli Ambassador to Vietnam Yaron Mayer.
“The conflict has naturally raised concerns but did not dominate bilateral engagement,” he told The Jerusalem Post in a recent interview. “Diplomatic dialogue remained professional, respectful, and focused on cooperation. Long-term partnerships were not disrupted.”
“Vietnam maintains a balanced stance, supporting a two-state solution while continuing to value Israel as a top-tier technological partner,” he added.
Mayer, who is also Israel’s ambassador to Laos, has worked for more than a decade in Israeli diplomacy. He previously served as ambassador to Myanmar and Nepal.
Mayer said he has devoted much of his time to developing bonds on a local level. Celebrating his first Vietnamese New Year, which fell on his seventh month in the country, he joined a kindergarten class to learn how to make traditional Vietnamese Trung, a square cake made of sticky rice, green beans, and meat.
Mayer, whose mother was a famed artist born in London, also reflected on both the challenge and the beauty of learning to write a traditional word under the guidance of a calligrapher in Hanoi. The Chinese script, commonly hung on the walls of Vietnamese homes to bring good luck, was demonstrated by a local man who taught him how to write the word “AN,” meaning peace.
Vietnam boosts Israel ties with tech cooperation, tourism push – The relationship between the two countries is at an all-time high, he said, citing recent accomplishments, such as the signing of the free-trade agreement in 2023. Trade is projected to exceed $4 billion by the end of 2026, he added.
Israelis might be able to travel to Vietnam without a visa in the not-too-distant future, Mayer hinted, adding that it would be a natural next step following Hanoi’s 2023 decision to extend e-visas to 90 days.
The new direct Arkia flight from Tel Aviv to Vietnam indicates that Hanoi is investing heavily in attracting Israeli tourists, he said. Last year, at least 50,000 visitors entered Vietnam with their Israeli passports, and the Vietnamese Tourism Ministry hopes to attract 300,000 Israeli travelers by 2030, he added.
Mayer said a plan was in place to increase cooperation in technology transfer, smart agriculture, climate resilience, and digital innovation within the next five years.
Much of Israel’s environmental and agricultural technology is already being employed by Vietnam, he said. The gold standard of Israeli drip irrigation is now being scaled to address water shortages and efficient irrigation in various regions, he added, and it was being used successfully in many rural parts of the country.
Perhaps because Vietnam only recognized Israel in 1993, Mayer said he was pleasantly surprised by the depth of interest in Israeli innovation across Vietnamese institutions. There is strong demand not only from the private sector, he said, but also from provincial governments and universities.
Vietnam is eager for the opportunity to benefit from Israeli technology, and there are many opportunities for Israelis, Mayer said.
He cited strong interest from Israeli start-ups and said the embassy has begun hosting “matchmaker” events, such as the Israel Technology Connection, to link Israeli start-ups with Vietnamese provincial leaders.
FPT, one of Vietnam’s largest hi-tech and pharmaceutical companies, was one of several to benefit from the work of the embassy and opened the doors to its first Israel office a few weeks ago, Yoram Noar, the head of FPT’s Israel branch, told the Post.
The new office will focus on furthering the company’s interests in the fields of artificial intelligence, cyber, and education, he said.
“I urged the ambassador to focus on the hi-tech industry to see if we could bring the Israeli companies from the hi-tech industry into Vietnam to see if we could do joint ventures,” Noar said. “We focused on hi-tech because Vietnam has great potential, and Vietnam wants to show a growth of about 10% a year, so [Hanoi] thought Israel could be a good model of how to promote [economic and hi-tech] activities.”
As you can see, the strong ties between Vietnam and Israel resulted in a whole lot of developments that are economic, social and technological in nature. Soon enough, more Israelis will visit Vietnam while the opportunities for Vietnamese travelers to visit Israel and discover the Holy Land will multiply. Praise and thank the Lord for the stronger ties between Israel and Vietnam.
To all my readers, I encourage you to accept the truth that Israel is the land God designated specifically for the Jewish people (read Genesis 35:10-12) and His command must be followed without hesitation. If you want to be blessed further by the Lord, do so by loving and blessing the Jewish people (Genesis 12:1-3). I did my part when I was in Israel. Also, let me remind you all that the ties between the Jews and Christians are truly biblical!
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.
Vietnam’s entry into the Board of Peace (note: referred to as the Peace Council in the VnExpress report) is not exactly surprising as it already has friendly ties with Israel. Ties between Vietnam and America are also healthy.
To put things in perspective, posted below is an excerpt from the report of VnExpress. Some parts in boldface…
U.S. President Donald Trump has sent a message congratulating Vietnam’s Party General Secretary To Lam on his re-election for a 14th term and welcoming Vietnam’s decision to join the Peace Council initiative.
President Trump said General Secretary Lam’s continued leadership role comes at an important time, as Vietnam and the U.S. are pressing ahead with the positive outcomes achieved in bilateral relations in recent years.
The President also expressed his hope that the two sides would soon make positive progress in negotiations on a reciprocal, fair and balanced trade agreement, thereby further promoting shared prosperity.
He welcomed Vietnam’s decision to join the Peace Council initiative, and thanked and highly valued Vietnam’s role as well as Vietnam-U.S. cooperation in promoting peace and safeguarding freedom, sovereignty and independence of countries in the Indo-Pacific and the world at large.
President Trump said he is confident that Vietnam-U.S. relations would continue to deepen across all fields, from economy and trade to security, defense and people-to-people exchanges, and expressed his hope to welcome General Secretary Lam to the U.S. at an appropriate time.
General Secretary Lam accepted the invitation from U.S. President Donald Trump last month to join the Gaza Peace Council and affirmed Vietnam’s readiness to participate as a founding member state of the council.
Let me end this piece by asking you readers: What is your reaction to this development? Do you think Vietnam will become a major contributor on the rehabilitation of the Gaza Strip? What is your opinion about the state of Vietnam-America ties as well as Vietnam-Israel ties?
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 1990s, particularly on role-playing games (RPGs) from the East and the West. This is the RPG Special!
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. Phantasie North American and Japanese Print Ads
The North American print ad.
The Japanese print ad.
Released by Strategic Simulations in the mid-1980s, Phantasie was a fantasy role-playing game that became a huge commercial success paving the way for not only ports on other computer systems of the time but also sequels later. The ad they came up with for the North American market had strong fantasy vibes and the screenshots gave readers the impression that it looked playable or user friendly. For the Japanese market, Phantasie was ported to the MSX system and they came up with an ad using radically different art work that had a horror vibe.
2. Phantasy Star Japanese Print Ad
Phantasy Star in the Japanese print ad sharing the spotlight with After Burner.
In the 1980s, role-playing games started gaining popularity with Japanese console gamers and there were game developers who were inspired by established RPGs from the West. Enix released two Dragon Quest games and each of them sold a lot of copies on Nintendo’s Family Computer (Famicom). At the time, Sega already had the Master System (called the SG-1000 and its variants with revisions) in the console market and they were way behind Nintendo on hardware sales. Knowing there is a market for console RPGs, Sega went on to make their exclusive RPG Phantasy Star. In 1987, a print ad was released showing Phantasy Star sharing the spotlight with Sega’s blockbuster game After Burner in the background. While the ad felt a bit disorienting to see, the game achieved much-needed success for Sega which in turn brought the game to the Master System in America in 1988. The game sold more and eventually led to sequels in the years that followed.
3. Ultima III Japanese Print Ad
Remember the old days when anime or comic book-style artwork was used to promote games in the Japanese print media?
Released in Japan under the title Ultima: Kyoufu no Exodus, Ultima III: Exodus was a breakthrough for the series as the Famicom version marked the first console release for Japanese gamers (note: the game was also offered for MSX and other computer systems in the country). The anime-style artwork used for the print ad is the same virtually the same with the front cover of Famicom version. Very notably, the art on the covers of the PC-88 and PC-98 versions were different.
4. Lunar: The Silver Star Japanese Print Ad
Game Arts’ Lunar: The Silver Star as advertized in Japanese magazines.
By the 1990s, console RPGs were very popular as franchises like Dragon Quest and Final Fantasy each released sequels that sold a lot of copies. The company Game Arts decided to make a role-playing game which can tell stories better using animation with voiceovers and music while being very playable and enjoyable. They came up with Lunar: The Silver Star and released it on the Mega-CD add-on (connected with the Mega Drive console of Sega) in 1992. As such, it was not surprising to see the print ad having anime-style artwork as the game itself had several minutes of anime cutscenes complete with audio. As most Japanese role-playing games (JRPGs) did not have playable anime cutscenes for storytelling, Lunar: The Silver Star really stood out. Sometime later, the small American company Working Designs would handle the game’s English version and start a healthy business relationship with Game Arts.
5. Dungeons & Dragons: Warriors of the Eternal Sun North American Print Ad
A print ad that strongly appealed to both Sega Genesis gamers as well as fans of Dungeons & Dragons.
By the year 1992, the fantasy games franchise Dungeons & Dragons was wildly popular as players around the world kept enjoying the tabletop RPG modules (using dice, pen paper) as well as many computer and video games already available. Sega acquired a D&D license and eventually released Dungeons & Dragons: Warriors of the Eternal Sun exclusively on their Genesis console in 1992. To promote it, Sega produced a 2-page print ad that had one half showing the game’s box placed with jewelry while using the other half to show the screenshots, descriptive text and other details. The way it was presented, the print ad was cleverly structured to attract the attention of Sega Genesis gamers as well as Dungeons & Dragons fans. The game ended up as the first and only official D&D product for the console.
6. Shadow Sorcerer North American Print Ad
This is one of many Dungeons & Dragons computer games released. The use of painted art for marketing was done many times.
In the history of the Dungeons & Dragons franchise and electronic gaming, it was on computers where the more ambitious and more intricate licensed games were played by many fans. In 1991, the Advanced Dungeons & Dragons (AD&D) electronic game Shadow Sorcerer was released on MS-DOS PC, Amiga and the Atari ST. The painted artwork used on the print ad was virtually the same as that on the box covers of the MS-DOS and Amiga versions. I can only guess that the ad markers must have paid a lot of money on the painted art and decided to use it for both marketing and packaging since it looked so detailed.
7. Estopolis Denki Japanese Print Ad
The 2-page Japanese print ad of Estopolis Denki.
In 1993, a brand-new Japanese developer called Neverland was established and its first project was the fantasy role-playing game Estopolis Denki for the Super Family Computer (Super Famicom). That same year, publisher Taito released the game and they promoted it with a 2-page print ad that featured a whimsical looking hand-drawn art work on one half and utilized the other half with details, screenshots and part of the art that was used on the game’s Super Famicom box cover. While Japanese game sales are not available, it seems Estopolis Denki sold enough to convince the publisher to release the game in North America as Lufia & The Fortress of Doom.
8. Lufia & The Fortress of Doom North American Print Ad
If you were able to play Lufia & The Fortress of Doom on the SNES, were you able to see this ad in a comic book or in a magazine?
Upon release in America in late 1993, Taito scored gold as Lufia & The Fortress of Doom on the Super Nintendo Entertainment System (SNES or Super NES) became a critical and commercial success. In fact, it literally gained steam during the early months of availability and ended up as the top-selling SNES game in America for the month of February of 1994. Take note that at this particular point of time, RPGs on game consoles in America were not yet in high demand as gamers’ tastes were different. When it comes to the marketing, Taito came up with a single-page print ad showing fantasy artwork, the game’s box cover and the published quotes from game critics who gave the game positive reviews. This is smart marketing on the part of Taito.
9. Record of Lodoss War Japanese Print Ad
The Japanese print ad of Record of Lodoss War for Super Famicom.
Have you ever heard of the Record of Lodoss War fantasy franchise? That one started as a series of fantasy novels by Ryo Mizuno who previously worked on an RPG project. Record of Lodoss War was eventually adapted into comics, anime and video games. One of those games was released on the Super Famicom in December 1995 published by Kadokawa Shoten which in turn made the one-page print ad for the Japanese market. Using established art from the anime OVA (original video animation) series was a strategic move by the publisher as millions of Japanese people viewed it. Unsurprisingly, the art on the ad is almost the same as the one displayed on the game box cover.
10. Fallout North American Print Ad
A gritty looking print ad of the original Fallout PC game.
In my gaming life, I played Fallout 3, Fallout 4 and Fallout: New Vegas on Xbox consoles. When the first-ever Fallout game was released in 1997, I did not notice it as I was more into console gaming than PC gaming. The above print ad appeared is several PC gaming magazines and it clearly shows what it offered which gamers eventually ended up enjoying a lot. The mechanical helmet – protection for the user during battles and from radiation in the nuclear wasteland – on the left side of the ad became a key symbol of the Fallout franchise as further games also featured mechanical helmets. Fallout was highly acclaimed for featuring open-ended gameplay and its immersive post-apocalyptic setting. It sold enough copies to convince publisher Interplay to proceed with a sequel and the rest was history.
11. Xenogears Japanese and North American Print Ad
Japanese advertisement of Xenogears.
This North American print ad of Xenogears clearly showed the main character, a robot, the sci-fi setting and the visual style of the game.
Xenogears was a sci-fi JRPG I played on the PlayStation in 1998 but I was unable to finish it. Before it was released in America, there was speculation that Squaresoft would not be able to produce an English version for international release due to its religious content. The game was highly challenging to translate into English due to religious themes and psychological elements. Regardless, the game achieved successes commercially and critically in both Japan and America. Xenogears has since been considered by many as a classic JRPG and to play it today is pretty challenging as an existing PlayStation One, PlayStation 3 or PlayStation Vita is required as well as the physical PlayStation disc itself (note: digital copy of Xenogears for PS Vita). Square Enix – which previously remastered Chrono Cross and several Final Fantasy games for modern gaming platforms – has yet to remaster Xenogears for those with modern game consoles, mobile devices and the PC.
12. Final Fantasy Anthology Print Ad
I remember seeing this 2-page print ad in many gaming magazines I read.
By the year 1999, Squaresoft established itself as the best role-playing game company as they achieved critical and commercial success with Final Fantasy VII in 1997, Brave Fencer Musashi, Parasite Eve and Xenogears in 1998. For 1999, Squaresoft decided to bring ports Final Fantasy V and Final Fantasy VI – both games were released in cartridge format on Super Famicom/Super NES some years prior – to their fans who owned PlayStation consoles by releasing the collection called Final Fantasy Anthology. For the North American market, Squaresoft aggressively promoted the 2-game collection with the above 2-page print ad on several video game publications. One half featured exquisite artwork by Yoshitaka Amano and the other half showed the screenshots, descriptions and details. Clearly the ad was made with Final Fantasy fans in mind and it was also clever with the use of nostalgia.
13. Final Fantasy VII North American Print Ad
While it did not show any of the characters, this 2-page print ad of Final Fantasy VII appeared in many gaming magazines and ultimately made the public aware of the game which went on to sell millions.
There is no denying that Final Fantasy VII is the most defining Japanese RPG of the 1990s. Given its huge pre-release promotions, the critical acclaim and the tremendous sales achieved in North America and Europe, the game arguably made the JRPG sub-genre more popular among gamers and game publishers while also making the original PlayStation console the must-have machine for video gaming. The above print ad is one of several released through print media and even though it did not show any characters, the image of a futuristic looking city caught the attention of not just gamers but also others who loved entertainment.
Author Carlo Carrasco 