World Bank Sees Philippine Economy Growing 4.6% This Year And 5.3% In 2027

With the ongoing war in the Middle East, the hiked prices of fuel and other problems happening already, the World Bank (WB) sees the economy of the Philippines achieving gross domestic product (GDP) growth of 4.6% this year and 5.3% next year, according to a Manila Bulletin news report.

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

Philippine economic growth would likely remain below its potential of at least six percent until the end of the Marcos Jr. administration, according to the latest forecasts by the World Bank.

Documents on the latest $800-million Philippines Growth and Jobs Development Policy Loan (DPL) 1, approved by the Washington-based multilateral lender last week, showed a projected 4.6- percent gross domestic product (GDP) growth rate for the country in 2026, inching up from the post-pandemic-low of 4.4 percent in 2025. This forecast is below the government’s downgraded five- to six-percent growth target for the year.

For 2027, the World Bank expects the Philippine economy to grow by 5.3 percent, which would also be lower than next year’s downscaled 5.5- to 6.5-percent goal.

By the time President Ferdinand R. Marcos Jr. steps down and turns over to a new administration in 2028, World Bank projections showed 5.5-percent GDP growth, still below the six- to seven-percent target.

“The growth outlook remains moderate over the near term, with activity expected to remain subdued in 2026 before gradually strengthening… The impact of the government’s anti-corruption efforts and a significantly lower infrastructure budget in 2026 is expected to weigh on public investment,” the World Bank said.

The lender added that a smaller statistical carry-over into 2026 signals weaker initial momentum, with growth projected to average 5.2 percent in 2026 to 2028, driven by recovering private domestic demand amid easing inflation and financing conditions.

“Private consumption is expected to benefit from stable labor income and improved confidence, while private investment gradually strengthens alongside improved credit conditions and a normalization of public capital spending. External demand, particularly for electronics and artificial intelligence (AI)-related exports, is projected to remain supportive, although global trade uncertainty presents downside risks,” the document said.

This World Bank report was prepared in mid-February before it was disclosed last week, which means that the impact of the war in the Middle East was not yet taken into consideration by the lender in its GDP growth forecasts.

At that time, the World Bank projected headline inflation to stay within the Bangko Sentral ng Pilipinas’ (BSP) two- to four-percent target range, averaging about 2.8 percent in 2026 to 2028.

Before the domestic price pressures wrought by the Middle East conflict that sent global oil prices soaring, the World Bank believed that the BSP would likely keep a neutral-to-supportive policy stance while balancing the still-negative output gap against risks from exchange-rate volatility and food inflation. A negative output gap refers to the economy expanding below its potential, which, for the Philippines, is estimated at about six percent annually.

Let me end this post by asking you readers: What is your reaction to this recent development? Do you think the economic growth predictions of the World Bank for the Philippines will turn out to be true in the near future? Do you think there is any hope left for the economy of the Philippines to achieve annual GDP growth of 6%? Do you think more foreign investors will be convinced to invest in the Philippines this 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.

+++++

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

Survey Shows Almost 8 Out Of 10 Filipinos Trust Japan

Recently a survey conducted by OCTA Research and commissioned by the Embassy of Japan in the Philippines revealed that almost eight out of ten Filipinos trust Japan, according to a news article by the Philippine News Agency (PNA).

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

A survey of a private polling and research firm, OCTA Research, released on Monday showed that eight in 10 adult Filipinos trust Japan.

The survey, commissioned by the Embassy of Japan in the Philippines and conducted from December 3 to 11, 2025, among 1,200 respondents aged 18 and above, asked the question: “How much does the Philippines trust Japan?”

A total of 79 percent of the respondents answered they “strongly trust/somewhat trust” Japan, while at least 17 percent responded “can’t say if I trust or not”, and 4 percent have shown distrust.

This result suggests that positive perceptions of Japan are deeply embedded in Philippine public opinion.

Filipinos also trust the Japanese people, with 74 percent expressing trust and 6 percent expressing distrust. About 20 percent answered that they are undecided.

This indicates that goodwill toward Japan extends to interpersonal perceptions of Japanese citizens, according to OCTA Research.

Most or 70 percent of the respondents said they view the relationship between the Philippines and Japan as “very good” while 24 percent view it as neither good nor poor.

These favorable perceptions of Japan were observed across Metro Manila, Balance (of) Luzon, the Visayas, and Mindanao, as well as across socioeconomic classes.

“Cultural exchanges, tourism, educational cooperation, and the growing Filipino community in Japan contribute to familiarity and mutual goodwill between the two societies,” OCTA Research said.

Let me end this piece by asking you readers: What is your reaction to this development? Do you think the governments of Japan and the Philippines should engage more with each other diplomatically, economically and militarily? Do you think Filipinos see the Japanese as an ally while the Philippines remains in conflict with Communist China at the West Philippine Sea? Are you one of the hundreds of thousands of Filipinos who traveled to Japan yearly?

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

+++++

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

Two Suspects Arrested In Parañaque City Over Illegal Drugs Worth P102,000

Recently in the City of Parañaque, the local police successfully pulled off an entrapment operation that resulted in two suspects arrested and the seizure of illegal drugs worth P102,000, according to a Manila Bulletin news report.

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

Operatives of the Parañaque City Police arrested two drug suspects and seized P102,000 worth of shabu in an entrapment early Tuesday morning, March 17.

Parañaque City Police Chief Nicolas Pinon identified the suspects as Melchor, 41, a Joyride rider, and Lance, 24.

They were arrested at around 12:10 a.m. on F. Bernabe Street in Airport Village, Barangay Moonwalk.

Police said members of the Parañaque City Police Station Drug Enforcement Unit (SDEU) launched a buy-bust operation that led to the arrest of the suspects.

Authorities said that during a body search, Melchor was found in possession of 10 more plastic sachets of suspected shabu and the P500 marked buy-bust money. Meanwhile, Lance yielded about five grams of suspected shabu.

Let me end this post by asking you readers: What do you think about this recent development? If you are a resident of Parañaque, are you convinced that a lot of people in the city have been attracting smugglers or pushers of illegal drugs? Is your local community considered drug-free?

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

+++++

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

First Batch Of Tricycle Drivers Receive Cash Relief Assistance In Las Piñas City

Around two thousand tricycle drivers (the first batch) have received their cash relief assistance at the Aguilar Sports Complex recently, according to the social media announcement of the City Government of Las Piñas. Each tricycle driver received P5,000 as relief from the much higher prices of fuel caused by the ongoing war against the Islamic terrorist regime of Iran which itself attacked multiple nations in the Middle East with missiles and drones.

To put things in perspective, posted below is an excerpt from the social media announcement of the City Government. Some parts in boldface…

The distribution of P5,000 cash payout of the AICS program for the first batch of tricycle drivers in Las Piñas City was held at Aguilar Sports Complex.

This is part of President Ferdinand “Bongbong” Marcos Jr.’s support to help drivers cope with the continuing rise of oil prices due to tensions in the Middle East.

The Department of Social Welfare and Development (DSWD), City Social Welfare and Development Office (CSWDO), and other offices of the city government are working together to ensure a smooth and peaceful distribution of aid to beneficiaries.

On the first day of payout, almost 2,000 drivers from TODA groups ACAPODA, APHDA, ATODA, BFLTSODA, BFRSSCV, BFRV-VG, CCTODA, CEBMTODA and BFATODA were given cash assistance. Payout will continue in the coming days to provide all registered members of TODA.

Let me end this piece by asking you readers: If you are a resident of Las Piñas City, what is your reaction to this development? Do you often ride the tricycle when moving around?

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

+++++

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

SBMA Chairman Aliño Opens New 2-Storey Starbucks Coffee Shop With Drive-Thru In Subic Bay Freeport Zone

Recently inside the Subic Bay Freeport Zone, Subic Bay Metropolitan Authority (SBMA) Chairman and Administrator Eduardo Jose L. Aliño formally led the opening of a new two-storey Starbucks Coffee shop with drive-thru, according to the official announcement of the authority. The newest branch of the coffee giant was made with an investment of over P36 million.

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

Subic Bay Metropolitan Authority (SBMA) Chairman and Administrator Eduardo Jose L. Aliño led the opening of the first two-storey Starbucks Coffee Shop with drive-thru facility here on March 6, 2026.

According to Aliño, the opening of the two-storey Starbucks Coffee Shop indicates Subic Bay Freeport’s status as a popular tourist destination, anticipating a year-round influx of customers.

The Starbucks Coffee Shop invested ₱36.75 Million in a 1,700-square-meter area at the portion of Lot 75-A, Rizal Highway, Central Business District, Subic Bay Freeport Zone.

The inauguration was attended by Engr. and Mrs. Rhammeth Paras, Arch. and Mrs. Adonis Co, Mr. and Mrs. Timothy Tang, and Engr. Aries Tanglao, owners of Pandabest Realty and Trading, Inc.

The two-storey Starbucks locations usually offer enhanced, often scenic, spaces with increased seating, frequently housed in restored, architecturally unique, or heritage buildings.

Notable examples include the heritage shophouse in Singapore’s Chinatown, the sprawling Reserve Hiraya in Tagaytay, and a colonial-style bungalow in Rochester.

“Now we have one here, with the building designed to be ‘work and study-friendly,’ providing more intimate, quiet spaces on the upper level compared to the busy ground floor,” Aliño said.

Let me end this post by asking you readers: What is your reaction to this recent development? Have you visited other Starbucks branches inside the Subic Bay Freeport Zone during your recent visit there? Do you think there is still more room for further coffee shops or cafes inside the Subic Bay Freeport Zone? How often do you order coffee by drive-thru?

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

+++++

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

Philippine Book Festival Haul.

This is me on a “bookbuy ban”. Tipid mode dahil mahal yung gas, pero pag libro, “anong tipid-tipid?”

#books #philippineLit #pinoy #TootSEA

Titles: Lucia Dreaming by Lucia Asul,
Si Janus Silang at ang Labanangn Manananggal-Mambabatam by Mervin Malonzo, Inset Hag by Yvette Tan, Good People by Claire Betita De Guzman, Strike the Spark by Maria Maranan, Mahalika Vol.1 by Rexy Dorado & John Ray, How to Grieve by Jade Mark Capiñanes, Safaa and the Tent by Safaa Odah