HSBC Says Philippines Should Focus On Strengthening Services Sector

As far as HSBC is concerned, the Philippines would be better off strengthening its services sector instead of playing catch up with manufacturing, according to a business article published by the Manila Bulletin.

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

Let me end this post by asking you readers: What is your reaction to the recent developments? Do you agree with HSBC’s economic opinion about the Philippines? Do you think the Philippines should focus more on strengthening the services sector instead of manufacturing? What do you think makes the Philippines not so good at manufacturing when compared with its Asian neighbors?

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

Philippines Unemployment Rate Hits 5.3% in July 2025

As controversy about flood control projects continues to dominate the news cycles, more Filipinos reported themselves as unemployed this past July as the unemployment rate jumped to 5.3%, according to a GMA Network business news report.

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

Let me end this post by asking you readers: What is your reaction to the recent developments? Do you think the unemployment rate of the Philippines will remain above 5% until the end of the year?

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

Over 100 Chinese former POGO workers deported

Recently authorities here in the Philippines deported over one hundred Chinese nationals who previously worked for Philippine Offshore Gaming Operators (POGOs), according to a news report by GMA News.

For the newcomers reading this, the Philippines still has many thousands of illegal aliens who previously worked in POGOs who are on the loose.

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

Let me end this post by asking you readers: What is your reaction to this recent development? Do you think the authorities should do more apprehending the many illegal aliens (former POGO workers) still on the loose so that more will get deported? Are you concerned that there could be many Filipinos who became personally involved with foreigners who worked in POGOs?

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

Philippines unemployment rate down in February 2025

The Philippine Statistics Authority (PSA) revealed recently that the unemployment rate of the Philippines fell down to 3.8% this past February from 4.3% the previous month, according to a Philippine News Agency (PNA) news article.

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

Let me end this post by asking you readers: What is your reaction to this recent development? Do you think there will be more than enough job opportunities for the unemployed throughout the year? Do you think the Philippine economy will grow strongly to sustain new job creation until the end of 2025?

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 LEASE – A Spacious Condominium Unit at The Mondrian Residences in Filinvest City, Alabang

If you are looking for a spacious, furnished condominium within Alabang, we have one of 6 units only at the upper floor of The Mondrian Residences in Filinvest City available for lease. The Mondrian Residences is located at 5321 East Asia Drive, Filinvest City, Muntinlupa City.

The Mondrian Residences up close. Its building is very visible for those traveling along Commerce Avenue in Filinvest City.

At 93 sqm, it has one large bedroom, 3 bathrooms, living room with sofa, chairs and tables, kitchen with cooking equipment, one basement parking slot and 2 terraces overlooking Commercenter, Westgate and Alabang Town Center.

Residential facilities of The Mondrian Residences include a jacuzzi, a fitness center, function rooms, owners’ lounge, passengers’ elevators and service elevators. 24/7 security service, reception service, building maintenance and valet service are guaranteed. If you own a car, you can avail of the dedicated basement parking space that goes with the unit.

The Master’s Bedroom with indoor aircon, a balcony and view outside.
The living room with enough space for dining.
The view from the terrace of the unit.
The kitchen with refrigerator, microwave, toaster oven and cooking unit. At left is the main door.
The Mondrian Residences at night time.

The Mondrian Residences is strategically located in close proximity to office buildings, restaurants, hotels, coffee shops, banks, ATMs, the Filinvest City Central Park, movie theaters, shopping malls, gas stations, convenience stores, car dealers and groceries. This means that living in the unit is convenient for your job, your needs and your lifestyle.

Living at the The Mondrian Residences is peaceful as crime rarely happens in Filinvest City. At the same time, Filinvest City is a popular destination for fitness buffs and people who enjoy the open air surroundings with trees.

If you are interested to visit and see the unit, please send me a private message or call me at 09053350831.

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

Philippines achieves 5.7% economic growth in 1st quarter of 2024

Recently it was confirmed that the economy of the Philippines grew by 5.7% in the first quarter of 2024 which is noticeably lower than what was achieved in the same time period a year ago, 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…

Let me end this piece by asking you readers: What is your reaction to this recent development? Do you think the national economy will be able to grow at least 6% in each of the next three quarters? Is it possible that the intense summer heat will make 2nd quarter economic growth smaller?

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

Philippines unemployment rate at 3.9% as of March 2024

The unemployment rate of the Philippines ended up at 3.9% as of March 2024 which is an improvement over what was estimated a year earlier, according to a Philippine News Agency (PNA) news article. In terms of unemployed Filipinos, the number is at two million (versus 2.42 million unemployed in March 2023).

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

Let me end this piece by asking you readers: What is your reaction to this recent development? Do you think the newest statistics on employment and unemployment show that bigger economic opportunities will be realized before the end of the year? Do you think the government should do more to attract more foreign investors to create even more new jobs?

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

Philippines unemployment rate falls down to 3.5% in February 2024

Recently the Philippine Statistics Authority (PSA) confirmed that the unemployment rate of the nation fell down to 3.5% in February 2024, according to a Philippine News Agency (PNA) news article.

Let me end this piece by asking you readers: What is your reaction to this recent development? Do you think the nation’s economy and employers still have enough momentum to move forward and create more new jobs over the next twelve months?   

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

COVID-19 Crisis: Contact tracing efforts in Muntinlupa City through StaySafe.PH app tightened in response to rising COVID-19 cases

With tighter contact tracing efforts and integration of local COVID-19 data in the StaySafe.PH system, confirmed cases and their close contacts in Muntinlupa cannot falsify their health condition and will be barred entry from local establishments.

The City Epidemiology and Surveillance Unit of Muntinlupa and Management Information System Office have started tagging COVID-19 cases in the StaySafe.PH app allowing establishments to identify confirmed, probable, and suspect cases based from real-time data from the City Health Office.

Since March 9, 2021, the profiles of all individuals under the surveillance of Muntinlupa CHO were identified in the contact tracing system and were adjusted accordingly. Individuals with purple screen corresponds to “Government Declared as CONFIRMED,” orange screen as “Government Declared as PROBABLE,” and red screen as “Government Declared as SUSPECTED.”

Establishments are advised to prohibit entry, isolate immediately, and report to the City Health Office or Barangay Health Emergency Response Team those individuals with non-eligible screens upon scanning of the StaySafe.Ph QR Code. Upon recovery, the profile of individuals with confirmed or probable status will revert to “good condition” with a green screen and will be allowed entry to establishments anew.

The color-based indicators from StaySafe.ph app. (source – Muntinlupa PIO)

Recently, the City Government of Muntinlupa, in partnership with the Department of Health, launched the Staysafe.PH app as the official digital contact tracing system in the city and has implemented a “No QR Code, No Entry Policy” in all commercial establishments, workplaces, churches, and government offices in the city.

Mayor Jaime Fresnedi urged all residents and owners of establishments in the city to use the StaySafe.PH app amid rising COVID-19 cases. He said the adoption of StaySafe.PH in Muntinlupa is in compliance with the national government’s recommendation for a uniformed contact tracing system to prevent further COVID-19 transmission, especially with the detection of the contagious variants in the country.

All residents and visitors who will enter, work, or do business in all indoor or enclosed public and private establishments in Muntinlupa shall be required to download and register at the StaySafe.PH application and secure a unique QR Code which they can store on their phone or print for physical copy. QR Codes for non-smartphone user registrants shall be generated by their respective barangays and shall be distributed to where the registrant resides.

Members of the Muntinlupa City StaySafe.Ph Task Force has conducted regular inspections to ensure compliance of local public and private establishments. As of March 11, 2021, the local Task Force has issued 235 notice of violations to non-compliant establishments.

Violators will be charged with P2,000 penalty and suspension of franchise or business permit until violation has been rectified for first offense, P3,000 for second offense, and suspension or revocation of franchise or business permit including P5,000 for the third offense. In case the offender is a government official or employee, the maximum penalty shall be imposed including the filing of administrative, civil, or criminal action.

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The above information was provided by the City Government of Muntinlupa for the purpose of public information and transparency. Some parts were edited for this website.

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

COVID-19 Crisis: Muntinlupa to implement cost-cutting measures to fund programs vs COVID-19

COVID-19 Crisis: Muntinlupa to implement cost-cutting measures to fund programs vs COVID-19

The City Government of Muntinlupa is set to implement economic and austerity measures to continue funding its programs in curbing the novel coronavirus disease (COVID-19) in the city.

Muntinlupa Mayor Jaime Fresnedi signed City Ordinance No. 2020-105 providing cost-cutting measures and realignment of funds to augment budgetary requirements for COVID-19 response.

The approved measure follows the recommendation of the Local Finance Committee to reduce expenses and conserve necessary resources from the 2020 Annual Budget by channeling funds to programs and projects towards COVID-19 initiatives.

Under the local ordinance, overtime pay to employees is suspended while hazard pay in relation to COVID-19 would be covered only until May 15 for qualified personnel.

However, health workers and other essential personnel assigned at the City Health Office, Ospital ng Muntinlupa, City Veterinary Office and Muntinlupa Traffic Management Bureau would continue to receive their hazard pay.

Honoraria of personnel involved in Technical Working Groups and other committees are also suspended while allowances of officers and staff members of national government agencies would be reduced by 50 percent.

The City Government of Muntinlupa is also set to impose a freeze on the hiring of new personnel except for front-liners in health, law enforcement, sanitation, social services and other essential departments.

Further, local and foreign travels for all officials and staff are prohibited while civic celebrations, cultural events, and the purchase of supplies not related to the city’s COVID-19 response are put on hold.

Muntinlupa City Hall employees will also no longer get rice allocation of one sack per employee which is given every December.

Budget Committee chairman Coun. Raul Corro said if the economy continues to worsen due to the COVID-19 pandemic, the cost-cutting measures of the local government will be sustained until next year or even longer than that.

“This is a test of the city government’s ability to spend funds wisely. Because we will not get the income we were expecting, we need to cut our expenses and allot enough for funds for our primary needs,” Corro said.

As of July 2, Muntinlupa City has 440 confirmed cases with 291 recoveries, 111 active cases, 38 reported deaths, 137 suspect cases, and 350 probable cases.


This is an official Press Release issued by the City Government of Muntinlupa. Some parts were edited for this website. 

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 and NO to sinister propaganda when it comes to news and developments.