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2023 Barangay and Sangguniang Kabataan Elections (BSKE) filing of Certificates of Candidacy (COCs) set July 3 to 7, campaign period set October 19 to 28

2023 Barangay and Sangguniang Kabataan Elections (BSKE) filing of Certificates of Candidacy (COCs) set July 3 to 7, campaign period set October 19 to 28

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Recently, the Commission on Elections (COMELEC) announced that the filing of Certificates of Candidacy (COCs) for this year’s Barangay and Sangguniang Kabataan Elections (BSKE) will start on July 3 until July 7, 2023, according to a Philippine News Agency (PNA) report. The BSKE itself will happen on October 30, 2023.

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

Filing of Certificates of Candidacy (COCs) for the Oct. 30 Barangay and Sangguniang Kabataan Elections (BSKE) will begin July 3.

In Resolution No. 10899, the Commission on Elections (Comelec) set the filing period from July 3 to 7.

Campaign activities are prohibited from July 8 to Oct. 18 while the campaign period will be on Oct. 19 to 28.

It will be illegal to remove or deface lawful propaganda materials; use or post illegal campaign materials; use armored land, water or air crafts; deploy police officers as bodyguards; release public funds; and construct village-funded roads and bridges during the campaign period.

During the election period from July 3 to Nov. 14, it is forbidden to bear or carry firearms; use security personnel; buy and sell votes; transfer civil service employees; and suspend local elective officials.

On the eve of election day, campaigning shall be banned as well as selling, buying, serving, and taking intoxicating liquor.

Voting will start 7 a.m. and end 3 p.m.

The counting and canvassing of votes as well as the proclamation of winning candidates shall take place immediately after the close of voting.

Let me end this piece by asking you readers: What is your reaction to this new development? If you are indeed eligible to vote this year, are you willing to participate in the Barangay and Sangguniang Kabataan Elections (BSKE) this October? Did you notice signs of premature campaigning within your local community?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

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Thank you for reading. If you find this article engaging, please click the like button below and also please consider sharing this article to others. If you are looking for a copywriter to create content for your special project or business, check out my services and my portfolio. If you want to support my website, please consider making a donation. Feel free to contact me with a private message. Also please feel free to visit my Facebook page Author Carlo Carrasco and follow me on Twitter at  @HavenorFantasy as well as on Tumblr at https://carlocarrasco.tumblr.com/ and on Instagram at https://www.instagram.com/authorcarlocarrasco/.

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 engagements, commerce and other relevant updates, join the growing South Metro Manila Facebook group at https://www.facebook.com/groups/342183059992673

A Look Back at Backlash #4 (1995)

A Look Back at Backlash #4 (1995)

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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 wild 1990s and explore a part of the WildStorm universe through a tale of Backlash!  

In my previous retro review, as the mission of Backlash and Taboo intensified, Zealot and Void of the WildCATs got involved in the action. Pike, who had been serving S’ryn, proved to be a formidable foe for Zealot and Taboo. The Savage Dragon meanwhile proved to be more than capable of bringing down S’ryn which made Backlash less relevant in his own comic book. Just as things intensified, something big blew up.

With those details laid down, here is a look back at Backlash #4 published in 1995 by Image Comics with a story written by Sean Ruffner, Jeff Mariotte and Booth. Booth was the artist.

The cover.

Early story

The story begins just moments after the big explosion. Savage Dragon, Backlash, Zealot, Jacob Marlowe, Taboo, Void and Jack managed to survive. In line with his duty as a police officer, Savage Dragon tells Zealot that Backlash and his friends are coming with him as they have been tagged by the government as threats to national security. Zealot then lifts her blade up to Savage Dragon’s throat and states that if Backlash had not been with them, then her lord Emp (Marlowe) may well have been assassinated.

Eventually, Void uses her power to transport Backlash, Taboo, Jack, Zealot and Marlowe away, leaving Savage Dragon behind…

Quality

A briefing about the next mission.

To put things straight, this particular comic book serves as the conclusion of the storyline (the mission specifically) that started in issue #2 while also working as a bridge going into the next storyline. The good news here is that the creative team’s work here is good enough in terms of quality.

For one thing, the team really took their time to develop Backlash and Taboo some more right after the end of the first mission. Their talk with each other as civilians inside a New York City bar was nicely written and there were a few witty moments that I found enjoyable. Along the way, there was efficient expository dialogue that explains Taboo’s past connection with Pike and the Cabal. Backlash also shared some key details of himself which ultimately made him and Taboo have something in common.

This story also shows a key flaw in Backlash’s personal integrity – his romantic involvement with Taboo made him betray his beloved Diane. For one thing, this potentially opens a series of problems that will eventually haunt him later. On another thing, it seems that the creative team have something intriguing planned for the protagonist who has clearly been sharing this comic book series’ spotlight with Taboo.

As with the previous issues, this comic book continued the build-up and emphasis of the WildStorm universe’s concepts. In terms of crossovers, Wetworks’ leader Jackson Dane makes an appearance here and his unexpected reunion with Backlash is a must-see. For the newcomers reading this, WildStorm’s Grifter (WildCATs), Backlash, Dane (Wetworks) and Deathblow are all members of Team 7 which had its series of wild stories set twenty years prior (note: think of the Vietnam War era). It was also in 1994 when the first Team 7 comic book mini-series was first published. In some ways, Backlash interacting with Grifter in the Kindred mini-series and reuniting with Dane served as creative ways to emphasize the Team 7 concept to readers.

On the visuals, Brett Booth continues to do a fine job presenting the characters (who are clearly recognizable to me) and I noticed he seems to have fun trying to test readers’ visions by carefully inserting selected X-Men characters into the background during the bar scenes as Taboo and Backlash talked. As for Dane, I like Booth’s own take on the character

Conclusion

Look carefully at the background and you will spot X-Men team members Cyclops, Jean Grey Gambit and Rogue in civilian forms.

Backlash #4 (1995) is more of a build-up comic book that so happens to have a decent amount of action for entertainment value. The characterization scenes of Backlash and Taboo is a must-see while the conclusion of the first mission was nicely done complete with a worthy end to the crossover with WildCATs’ Zealot, Void and Jacob Marlowe. The story itself moved at a medium pace which is not surprising as there was something being built-up with the new mission in mind.

Overall, Backlash #4 (1995) is recommended.

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Thank you for reading. If you find this article engaging, please click the like button below, share this article to others and also please consider making a donation to support my publishing. If you are looking for a copywriter to create content for your special project or business, check out my services and my portfolio. Feel free to contact me with a private message. Also please feel free to visit my Facebook page Author Carlo Carrasco and follow me on Twitter at  @HavenorFantasy as well as on Tumblr at https://carlocarrasco.tumblr.com/ and on Instagram at https://www.instagram.com/authorcarlocarrasco

Muntinlupa City Government commended by Anti-Red Tape agency for simplifying business permit and licensing procedures

Muntinlupa City Government commended by Anti-Red Tape agency for simplifying business permit and licensing procedures

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Recently in the progressive city of Muntinlupa, the City Government of Muntinlupa was commended by Anti-Red Tape Authority (ARTA) over the simplifying of business permits and licensing procedures, according to a Manila Bulletin news report.  

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

The Muntinlupa City government received a commendation from a national government agency for simplifying business permit and license procedures.

Mayor Ruffy Biazon received the commendation for the city government’s Electronic Business One-Stop Shop (eBOSS) initiative from the Anti-Red Tape Authority (ARTA) under the Office of the President.

In a letter addressed to Biazon, ARTA Director General Ernesto Perez said “we would like to convey our appreciation and commendation to the City Government of Muntinlupa as one of the LGUs that simplified business permit application, addressed systemic issues in the local permits and licenses, and introduced reforms and technology-enabled applications and systems that paved way to a seamless and efficient process.”

The eBOSS is one of the centerpiece initiatives of the City Government, bringing together all the necessary permits and licensing offices in one location, and since the pandemic, now can be done online. Aspiring and existing entrepreneurs can now apply for a business license without having to visit the city hall.

The BOSS program has been considered one of Muntinlupa’s best practices, with local government units visiting the City to learn first-hand about it. The pandemic, with physical-distancing a necessity, eventually paved the way for the original BOSS program to go digital.

“We applaud the City Government for setting the standards among the cities and municipalities. It is our hope that the City Government will continue what it has started and even exceed what was previously accomplished for the continuous realization of the ease of doing business in the Philippines. Again, congratulations on your significant contribution in the country!” Perez told Biazon.

After monitoring eBOSS, Perez said the Muntinlupa City government “has successfully implemented all functionalities in setting-up the Electronic Business One-Stop Shop (eBOSS) required by the law and as further stated in ARTA-DTI-DILG-DICT Joint Memorandum Circular (JMC) No. 1, series of 2021 or the ‘Guidelines for Processing Business Permits, Related Clearances and Licenses in All Cities and Municipalities.’”

“The said implementation of all functionalities initiated by the [Muntinlupa] City Government, backed up with significant results set the LGU as a model city where various cities and municipalities have been using as benchmark in their own business permit system,” he added.

Let me end this piece by asking you readers: If you are a Muntinlupa City resident, what is your reaction to this development? If you are a local business owner or manager, how would you describe your experience of getting your business license in the city? Does ARTA’s commendation to Muntinlupa make you feel more confident about the local business permit and licensing procedures?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

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Thank you for reading. If you find this article engaging, please click the like button below, share this article to others and also please consider making a donation to support my publishing. If you are looking for a copywriter to create content for your special project or business, check out my services and my portfolio. Feel free to contact me with a private message. Also please feel free to visit my Facebook page Author Carlo Carrasco and follow me on Twitter at  @HavenorFantasy as well as on Tumblr at https://carlocarrasco.tumblr.com/ and on Instagram at https://www.instagram.com/authorcarlocarrasco

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 engagements, commerce and other relevant updates, join the growing South Metro Manila Facebook group at https://www.facebook.com/groups/342183059992673

AIA Philippines’ investment management arm expresses optimism of robust growth of the Philippine economy

AIA Philippines’ investment management arm expresses optimism of robust growth of the Philippine economy

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Recently, the investment management arm of AIA Philippines expressed confidence that the Philippine economy will continue to have robust growth in connection with what they claim to be an expanding manufacturing sector, according to news article published by the Philippine News Agency (PNA).

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

An official of the investment management arm of AIA Philippines is optimistic on the robust growth of the domestic economy as the manufacturing sector continues to expand.

In a briefing on Thursday, AIA Investment Management and Trust Corporation Philippines (AIAIM Philippines) chief executive officer Angie Pacis said the country’s manufacturing sector is expected to continue posting expansion following the seven-month high manufacturing index in January 2023.

“Notwithstanding the slight weakening of the business confidence and consumer confidence, businesses will still be on a growth track,” she said.

The S&P Global Manufacturing Purchasing Managers Index (PMI) hit 53.5 in the first month this year. An index of 50 and above indicate expansion while those below 50 indicate contraction.

Pacis said forecasts point to continued 50-level index in the coming months.

Pacis also identified demographic dividends as among the factors that will help boost domestic growth this year given the large number of young people who are part of the workforce.

“It’s a young population, it’s a big population with a growing middle class that is actually becoming stronger. Because of that, we will continue to attract investments notwithstanding some of the structural problems,” she added.

These factors are seen to boost one-year-old AIAIM Philippine business, which currently offers three unit investment trust funds (UITFS) namely AIA Peso Adventurous Fund, AIA Peso Balanced Fund and AIA Peso Conservative Fund.

Pacis said the products they are offering are exclusively available for AIA Philippines policy holders for now, while the assets amounting to PHP155 billion they currently have will be handled purely without catering to outside investors.

Let me end this piece by asking you readers: What is your reaction to this new development? Were you able to understand the explanations from AIA Philippines investment management arm?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

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Thank you for reading. If you find this article engaging, please click the like button below and also please consider sharing this article to others. If you are looking for a copywriter to create content for your special project or business, check out my services and my portfolio. If you want to support my website, please consider making a donation. Feel free to contact me with a private message. Also please feel free to visit my Facebook page Author Carlo Carrasco and follow me on Twitter at  @HavenorFantasy as well as on Tumblr at https://carlocarrasco.tumblr.com/ and on Instagram at https://www.instagram.com/authorcarlocarrasco/.

Oxford Economics says Philippine economic growth will slow down to 4.1% this year

Oxford Economics says Philippine economic growth will slow down to 4.1% this year

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For Oxford Economics, the economy of the Philippines will achieve continued growth in 2023 but with a notable slow down to 4.1%, according to a BusinessWorld news report. Oxford Economics mentioned in its statement factors like the global economy entering recession, inflation and the lack of impact from China’s reopening.

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

PHILIPPINE ECONOMIC GROWTH is expected to slow to 4.1% this year, as external headwinds and elevated inflation are seen to dampen domestic demand, Oxford Economics said.

“After registering respectable growth of 7.6% in 2022, we expect the Philippines’ economy to slow to 4.1% amid global headwinds, elevated inflation, and a fading reopening boost. With monetary tightening set to continue, the economy could use a hand from the fiscal side, but chances are slim,” Makoto Tsuchiya, assistant economist at Oxford Economics, said in a research note released on Wednesday.

Oxford Economics’ gross domestic product (GDP) projection is well below the government’s 6-7% target.

It expects GDP to expand by 4.5% next year, still outside the 6.5-8% target set by the government.

“We expect GDP growth to slow materially amid softer external demand as the global economy enters a recession, led by weakness in major advanced economies. We don’t think China’s reopening will be enough to offset this weakness, with the recovery in private consumption there likely to be lackluster,” Mr. Tsuchiya said.

There is a widely anticipated global recession this year, with the World Bank projecting global growth to slow to 1.7%.

Rising inflation is also seen to “substantially” slow the Philippine economy, Mr. Tsuchiya said.

In January, inflation soared to a 14-year high of 8.7%, marking the 10th consecutive month inflation was above the Bangko Sentral ng Pilipinas’ (BSP) 2-4% target range.

The central bank also raised its average inflation forecast to 6.1% this year from 4.5% previously.

Oxford Economics said that the BSP will continue to hike rates to tame inflation and keep in step with the US Federal Reserve.

“Elevated inflation means policy makers will not be able to react by lowering interest rates. Indeed, we expect tightening to continue for at least the next two meetings, albeit at a slower pace — in contrast to other Asian central banks who can afford to pause,” Mr. Tsuchiya said.

Oxford Economics also cited the lack of policy support as a factor contributing to slower growth this year.

“We think significant support is unlikely given limited policy space on both the monetary and fiscal front. Ideally, fiscal policy would take over the burden of supporting growth. But debt accumulated during the pandemic era means the focus is instead on fiscal consolidation,” Mr. Tsuchiya said, noting that the Philippine government may adopt a more restrained approach in spending.

Oxford Economics expects the budget deficit will reach 2.7% of GDP by 2028, better than the 3% projection given by the Development Budget Coordination Committee (DBCC).

The government projects the fiscal deficit to hit 6.9% of GDP or around P1.5 trillion this year. In the 11 months to November, the budget deficit shrank by 7.2% to P1.24 trillion.

However, Oxford Economics said the debt-to-GDP ratio may remain elevated at 61.1% by 2025. This is higher than the 60% target set by the government in the same period.

The country ended last year with a debt stock at 60.9%, better than the 63.7% seen in end-September but still above the 60% threshold considered manageable by multilateral lenders for developing economies.

Let me end this piece by asking you readers: What is your reaction to this recent development? Do you think Oxford Economics’ prediction about 4.1% economic growth for the Philippines this year will turn out to be true? Do you think Oxford Economics made a strong case explaining why economic growth in 2023 will be smaller for the Philippines?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

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Thank you for reading. If you find this article engaging, please click the like button below, share this article to others and also please consider making a donation to support my publishing. If you are looking for a copywriter to create content for your special project or business, check out my services and my portfolio. Feel free to contact me with a private message. Also please feel free to visit my Facebook page Author Carlo Carrasco and follow me on Twitter at  @HavenorFantasy as well as on Tumblr at https://carlocarrasco.tumblr.com/ and on Instagram athttps://www.instagram.com/authorcarlocarrasco

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 engagements, commerce and other relevant updates, join the growing South Metro Manila Facebook group at https://www.facebook.com/groups/342183059992673

Back-to-back fire incidents in Muntinlupa cause Mayor to advise residents to be careful

Back-to-back fire incidents in Muntinlupa cause Mayor to advise residents to be careful

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Recently in the progressive city of Muntinlupa, Mayor Ruffy Biazon advised locals to be careful as the city had back-to-back incidents of fire which left many families homeless, according to a Manila Bulletin news report.

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

Muntinlupa Mayor Ruffy Biazon advised residents to be careful in light of the successive fire incidents in the city that left more than 100 families homeless.

“From January up until this past week, we have seen more fire incidents even before we have reached March, which is Fire Prevention Month. “We want to remind all Muntinlupeños to be extra vigilant in practicing fire prevention because it is really hard to lose everything in a fire,” he said.

He told the public to “be careful and never leave open flames in the house, like stoves or candles. Let’s work together so we don’t have any more fires like this.”

In just nine days, three fires broke out in residential areas, affecting 112 families in Muntinlupa.

On Feb. 11, a fire engulfed six houses at Hacienda Rosario in Purok 2, Barangay Sucat, affecting 17 families or 53 individuals, according to a report by the Muntinlupa Social Services Department (SSD).

In Barangay Poblacion, a fire hit a residential area on Quezon Street on Feb. 17, razing 19 structures and leaving 49 families, or 181 individuals, homeless.

On Feb. 19, another fire razed 27 structures on Concepcion Road, Barangay Buli, affecting 26 families or 130 individuals.

Biazon called on all households and sectors, including the barangay councils, to work together to prevent or at least reduce the incidence of fire in the city. 

The mayor voiced his concern to Muntinlupeños during his visit on Feb. 20 to the 46 families affected by the February 19 fire on Concepcion Road in Barangay Buli.

Let me end this piece by asking you readers: If you are a Muntinlupa City resident, what is your reaction to this development? As a local resident, do you think it is time for the local authorities to initiate information campaigns that can educate local residents to prevent fire from happening?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

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Thank you for reading. If you find this article engaging, please click the like button below, share this article to others and also please consider making a donation to support my publishing. If you are looking for a copywriter to create content for your special project or business, check out my services and my portfolio. Feel free to contact me with a private message. Also please feel free to visit my Facebook page Author Carlo Carrasco and follow me on Twitter at  @HavenorFantasy as well as on Tumblr at https://carlocarrasco.tumblr.com/ and on Instagram at https://www.instagram.com/authorcarlocarrasco

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 engagements, commerce and other relevant updates, join the growing South Metro Manila Facebook group at https://www.facebook.com/groups/342183059992673

BIR says half a trillion Pesos lost to tax evasion each year

BIR says half a trillion Pesos lost to tax evasion each year

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Tax evasion remains a very serious problem in the Philippines. As far as the Bureau of Internal Revenue (BIR) is concerned, the authorities lose around half a trillion Pesos each year due to tax evasion, according to a BusinessWorld news report.

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

THE GOVERNMENT loses around P500 billion annually to tax evasion, according to a top Bureau of Internal Revenue (BIR) official.

“There is a lot, especially if we include those involved in illicit trade. In cigarettes alone, there’s around P100 billion,” BIR Commissioner Romeo D. Lumagui, Jr. said, when asked about revenue losses from tax evasion.

“Leakages aren’t part of that yet, like petroleum or vape products that aren’t registered, as well as fake receipts. I think it won’t go below P500 billion if you add everything up,” he added.

Mr. Lumagui said the BIR will have an easier time achieving its collection targets if it addresses tax evasion.

Earlier this month, the BIR filed 74 tax evasion complaints worth P3.5 billion against several companies.

“We will tailor efforts to improve digital services so businesses will leave the shadow economy and join the tax net. We will now focus on enforcement activities against tax evaders, put emphasis on tapping uncollected taxes through illegal activities,” Mr. Lumagui said.

The BIR is currently monitoring and investigating a number of suspected tax evaders.

“The most important right now is the selling of fake receipts and we know who (they are). We are investigating so we can file a case against those involved,” Mr. Lumagui said.

The BIR is targeting to collect P2.6 trillion in revenues this year.

“With all our activities and efforts we are making, we will be able to achieve the tax collection target,” he said.

In 2022, the agency collected a total of P2.34 trillion, surpassing its P2.1-trillion target.

Meanwhile, Mr. Lumagui said the agency will also review its policies after the Supreme Court declared void its regulations that require firms to disclose the personal information of investors.

“We must respect the privacy (of these investors) but when it comes to the correct amount of taxes, the BIR has auditing power. There is still a need to pay taxes and the compliance of these businesses needs to be monitored. When it comes to determining the correct amount of taxes, we can investigate that,” he added.

The Supreme Court declared that the BIR Revenue Regulations No. 1-2014 and Revenue Memorandum Circular (RMC) No. 5-2014 “void for being unconstitutional” as it violated the right to privacy.

The regulations require businesses to disclose investor information such as addresses, tax identification number (TIN), and birthdays, among others.

Let me end this piece by asking you readers: What is your reaction to this recent development? Do you think the BIR will be able to collect P2.6 trillion this year even with tax evasion still going on? What do you think should be done to eradicate tax evasion all over the Philippines?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

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Thank you for reading. If you find this article engaging, please click the like button below, share this article to others and also please consider making a donation to support my publishing. If you are looking for a copywriter to create content for your special project or business, check out my services and my portfolio. Feel free to contact me with a private message. Also please feel free to visit my Facebook page Author Carlo Carrasco and follow me on Twitter at  @HavenorFantasy as well as on Tumblr at https://carlocarrasco.tumblr.com/ and on Instagram athttps://www.instagram.com/authorcarlocarrasco

Metro Manila Council (MMC) to inspect NCR markets to ensure sellers are following DTI-issued suggested retail prices

Metro Manila Council (MMC) to inspect NCR markets to ensure sellers are following DTI-issued suggested retail prices

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The Metro Manila Council (MMC) – a special governing body composed of incumbent mayors of cities of Metropolitan Manila – will soon be inspecting markets within the National Capital Region (NCR) to see if the suggested retail prices (SRP) are being followed by the vendors, according to a Manila Bulletin news report. No less than new MMC president and incumbent San Juan mayor Francis Zamora said so.

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

San Juan City Mayor and Metro Manila Council (MMC) President Francis Zamora vowed to inspect other markets in the National Capital Region (NCR) to ensure that all sellers and vendors are following the suggested retail price (SRP) issued by the Department of Trade and Industry (DTI).

“Iikot kami ni Chairman (Romando) Artes sa iba’t ibang market para mag-inspect as the MMC Chairman. So far, all the mayors are supportive that all markets will follow the SRP (Chairman Artes and I will visit other markets in my capacity as the MMC Chairman. So far, all the mayors are supportive that all markets will follow the SRP),” Zamora said.

Zamora made the statement following the MMC’s inspection at the Agora Market in San Juan City on Feb. 21. The inspection was spearheaded by Zamora, Metropolitan Manila Development Authority (MMDA) Chairman Romando Artes, DTI Asec. Ann Claire Cabochan, and representatives from the Bantay Presyo of the Department of Agriculture (DA).

Aside from checking the SRPs, the DTI also inspected the weighing scales being used by the vendors and were pleased to know that the scales carry the precise weight.

“Ginawa natin ito dahil ang gusto natin ay siguraduhin na tama ang presyo ng bilihin dito sapagkat kawawa ang mga mamamayan natin kung mataas ang presyo ng bilihin kaysa sa SRP (We are doing this because we want to ensure that the price of commodities being sold are correct and also to protect the consumers from those who are selling their produce well above the SRP),” he added.

During their inspection at the Agora Market, two vendors were found violating the SRP bulletin of the DTI.

Zamora said vendors found selling overpriced commodities will be penalized under City Ordinance 32, Series of 2008 or the Ordinance Creating the Local Price Control Coordinating Council. First-time violators will be fined P2,000, 2nd-time offenders will be fined P3,000, 3rd-time offenders will be fined P5,000 and their permits will be revoked.

Let me end this piece by asking you readers: What is your reaction to this development? Are you concerned that vendors in your local markets could have been violating SRP? Does this news development make you feel that you are being protected by the MMC?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

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Thank you for reading. If you find this article engaging, please click the like button below and also please consider sharing this article to others. If you are looking for a copywriter to create content for your special project or business, check out my services and my portfolio. If you want to support my website, please consider making a donation. Feel free to contact me with a private message. Also please feel free to visit my Facebook page Author Carlo Carrasco and follow me on Twitter at  @HavenorFantasy as well as on Tumblr at https://carlocarrasco.tumblr.com/ and on Instagram at https://www.instagram.com/authorcarlocarrasco/.

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 engagements, commerce and other relevant updates, join the growing South Metro Manila Facebook group at https://www.facebook.com/groups/342183059992673

Alabang Hills Village Association (AHVA) unveils new email addresses for enhanced communication

Alabang Hills Village Association (AHVA) unveils new email addresses for enhanced communication

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In their latest effort to improve communications online, the Alabang Hills Village Association (AHVA) officially announced a new set of email addresses covering varied topics (examples: vehicular stickers, construction matters, and billing to name a few).

To put things in perspective, posted below is an excerpt from the AHVA’s official announcement. Some parts in boldface…

With the end in mind to enhance and facilitate communications between you and the Admin Staff, the Village Manager, and the Board, we are happy to announce our following new contact email addresses. By using these dedicated email addresses, we hope you’ll be able to reach us faster and more directly than in the past.

The new email addresses of our Admin teams are as follows:

For billings, Statements of Account, and payments of association dues & water
ahvainc.billing@gmail.com

For vehicle sticker & village ID applications
ahvastickeridprocessing@gmail.com

For service requests, reservations and use of village facilities, and for general queries
ahvageneralservices@yahoo.com

For home repairs, renovations, and house construction permits & fees
ahvaconstructiondepartment@gmail.com

For downloadable forms & assistance on use of the AHVA website
alabanghills@yahoo.com

For matters that are for the Board’s and/or Village Manager’s attention
ahvainc08@yahoo.com

For inquiries about this new development, visit https://alabanghillsvillage.com/ or call them at 88508254. You can visit their office at 1 Don Jesus Boulevard inside Alabang Hills Village from Monday to Friday, 8AM to 5PM. Always remember to follow their rules and speed limits whenever you are in the village. If you are a non-resident motorist who needs a new car sticker from AHVA right now, you can apply online.

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BSP sees 6-7% economic growth in 2023 for Philippines

BSP sees 6-7% economic growth in 2023 for Philippines

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As far as the Bangko Sentral ng Pilipinas (BSP) is concerned, the Philippine economy will grow between 6% to 7% this year, according to a news report by BusinessWorld. By comparison, HSBC and the World Bank forecast growth rates of 4.4% and 5.4% respectively.

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

THE “CONTINUED NORMALIZATION” of post-pandemic mobility will help the Philippine economy expand within the government’s 6-7% target this year, but slower growth is likely in 2024, the Bangko Sentral ng Pilipinas (BSP) said.

“GDP (gross domestic product) growth is projected to settle within the DBCC’s (Development Budget Coordination Committee) target of 6-7% for 2023, but economic headwinds could result in slower GDP growth in 2024,” the BSP said in its latest Monetary Policy Report (MPR).  

“The full-year growth forecast for 2023 was adjusted upward from the previous MPR. Meanwhile, the growth forecast for 2024 is lower compared to previous round, reflecting weaker global prospects and the impact of cumulative policy rate adjustments of the BSP,” it added.  

While the central bank does not give its exact growth forecasts, the DBCC targets 6.5-8% GDP growth in 2024.

According to the central bank, the economy will be “driven by growth in the industry sector as manufacturers signal increased production plans as the economy reopens further.”  

Based on data from the Philippine Statistics Authority (PSA), the service sector expanded by 9.8% in the fourth quarter last year, while the industry sector grew by 4.8%. Annually, services jumped by 9.2%, and industry expanded by 6.7%.

Better labor market conditions, higher demand for tourism, and greater economic activity due to the resumption of face-to-face classes are seen to boost growth in the services sector, the BSP said.  

“Moreover, the implementation of the Corporate Recovery and Tax Incentives for Enterprises (CREATE) Law, Financial Institutions Strategic Transfer (FIST) Act, and the second tranche of the reduction in personal income taxes could help further bolster the domestic outlook in 2023-2024,” it added.

Meanwhile, the overall balance of supply and demand conditions, as reflected by the output gap, is expected to “remain broadly neutral” in the near term.  

“Estimates from the BSP’s Policy Analysis Model for the Philippines (PAMPh) indicate that the output gap is estimated to be slightly positive in early 2023, reflecting the sustained economic expansion in 2022,” the central bank said.  

The economy grew by 7.6% in 2022, exceeding the government’s 6.5-7.5% target, and the fastest growth since 1975.

“Thereafter, the output gap is seen to remain in broadly neutral territory as the impact of policy interest rate adjustments takes hold on the economy. A projected slowdown in global growth owing in part to tightening monetary conditions across countries could likewise dampen aggregate demand,” the BSP said.  

The Monetary Board last week increased the benchmark policy rate by 50 basis points (bps) to 6%, the highest in nearly 16 years. Rates on the overnight deposit and lending facilities were also increased to 5.5% and 6.5%, respectively.

According to analysts, higher interest rates could drag economic growth slower this year.

Let me end this piece by asking you readers: What is your reaction to this recent development? Do you think the Philippines can achieve economic growth beyond 6% this year? Do you think the government should do more with post-pandemic living and economics in mind?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

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Thank you for reading. If you find this article engaging, please click the like button below, share this article to others and also please consider making a donation to support my publishing. If you are looking for a copywriter to create content for your special project or business, check out my services and my portfolio. Feel free to contact me with a private message. Also please feel free to visit my Facebook page Author Carlo Carrasco and follow me on Twitter at  @HavenorFantasy as well as on Tumblr at https://carlocarrasco.tumblr.com/ and on Instagram athttps://www.instagram.com/authorcarlocarrasco