You plan to move to the Philippines? Wollen Sie auf den Philippinen leben?

There are REALLY TONS of websites telling us how, why, maybe why not and when you'll be able to move to the Philippines. I only love to tell and explain some things "between the lines". Enjoy reading, be informed, have fun and be entertained too!

Ja, es gibt tonnenweise Webseiten, die Ihnen sagen wie, warum, vielleicht warum nicht und wann Sie am besten auf die Philippinen auswandern könnten. Ich möchte Ihnen in Zukunft "zwischen den Zeilen" einige zusätzlichen Dinge berichten und erzählen. Viel Spass beim Lesen und Gute Unterhaltung!


Visitors of germanexpatinthephilippines/Besucher dieser Webseite.Ich liebe meine Flaggensammlung!

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Sunday, November 13, 2022

Good governance resolves wars – Sara

By Red Mendoza, Sunday Times



Vice President Sara Duterte and Sen. Imee Marcos visit the Kagan tribe, a Muslim community located in Bacaca, Davao City, on Saturday, Nov. 12, 2022. The tribe’s elders took the opportunity to convey their problems, such as flooding, to Duterte and Marcos, who celebrated her 67th birthday in the community. PHOTO BY ARJOY M. CENIZA


VICE President Sara Duterte stressed the importance of good governance in resolving conflicts such as wars, noting that government officials working with integrity and dedication to public service will allow the public to disengage themselves from violence.


In her speech at the Kusog Mindanaw Conference in Davao City on Friday, Duterte said that Mindanao is now experiencing "peace titme," which would allow the government to address the problems that could be exploited by terror groups to foment anger and incite people to resist the government.


Duterte is the highest Philippine official to attend the group's annual conference.


"Peace is a delicate, fragile beauty. It needs constant attention. In the case of Mindanao, it does not only need our continuous attention; it needs our constant, collective attention," Duterte added.


She described them as "peace doves," who were top government officials such as Cabinet members and ranking military officials who were supportive of their calls to end the war in Mindanao.


"Both presidents are no longer with us, but I believe that some of those who worked with their Peace Doves continue the Mindanao peace advocacy works even today." Duterte added.


She said that while the previous administration of his father, Rodrigo Duterte, had to deal with the radicalized groups behind terrorist attacks in Mindanao, the government had seen zero deployments of soldiers to the island.


Duterte also emphasized that peace should be on top of the Mindanao agenda for the country, noting that the war in the island should be "remembered only to remind us of why we should all work together and commit, protect, and defend peace at all costs."


She also called on every Mindanaoan, like herself, to acknowledge the sacrifices of fellow Mindanaoans who have fought against rebel groups to secure Mindanao and provide safety to the people.


"You have all the reasons to be proud of the tremendous job that you have done for Mindanao and your fellow Mindanaoans," she said.


Kusog Mindanaw is a Mindanao-wide organization that is established as a platform for discussion and development partnerships in the island.

Typical Filipino (XXX) - Typisch Philippinisch (XXX): "Compadrazco" - Die Patenschaft


The Compadre System, or the “Extended Family” is the basis of Filipino social structure. It is a kinship system which extends one’s relationships beyond one’s immediate family to include up to about 400 people.

Als Verwandte zählen natürlich auch die entferntesten Vettern und Cousinen. Darüber hinaus vergrößert sich die Verwandschaftsgruppe und wächst u.a. durch Heirat über die Blutverwandten hinaus. Die christliche Sitte der Taufpatenschaft schafft eine feste Verbindung zwischen Patenkind und Patenteltern.

Nach der strengen Tradition gelten Patenonkel und Patentante als die zweiten Eltern des Kindes. Man erwartet von ihnen, daß sie sich um das Kind kümmern, wenn ihnen etwas passiert. 

Das Patenkind nennt seinen Patenonkel NINONG und seine Patentante NINANG. Es selbst heißt INAANAK, was wörtlich übersetzt "geschaffener Bruder/Schwester" bedeutet, also ein durch ein Ritual erworbener Bruder oder Schwester zu den eigenen Kindern.

Ausländer genießen auf den Philippinen ein hohes Ansehen und werden deshalb oft gefragt, als Pate für eine Taufe oder auch Hochzeit aufzutreten. Da dies als Auszeichnung gilt, ist es nicht leicht, eine derartige Bitte abzulehnen. Man sagt am besten zu. Wenn Sie nicht in die komplizierten Verwandschaftsbeziehungen eindringen wollen, so wird bereits Ihre Teilnahme an der Zeremonie  als  ausreichende Ehre verstanden.

Of course, even the  most distant cousins count as relatives. In addition, the kinship group expands and through marriage, i.e., grows beyond the blood relatives. The Christian custom of sponsorship creates a solid bond between the sponsored child and the sponsored parents.

According to the strict tradition, godfather and godmother are considered the second parents of the child.You are expected to take care of the child if something happens to them. The godchild names his godfather NINONG and his godmother NINANG. It itself is called INAANAK, which literally translated means "created brother or sister" - in other words, a brother or sister to one's own children acquired through a ritual.

Foreigners enjoy a high reputation in the Philippines and are therefore often asked to become a sponsor of a baptismal or wedding. Since this is considered an award, it is not easy to refuse such a request. It's best to say yes. If you do not want to intrude into the complicated family relationships, your participation in the ceremony is already understood as a sufficient honor.

Saturday, November 12, 2022

Singer-actress Aubrey Caraan discovers songwriting in ‘Sana’

by Punch Liwanag, MB


After a long stint acting in movies and TV, Aubrey Caraan returns to her first love, music.

The singer-actress is back with a brand new single titled “Sana.”

Aubrey co-wrote this surging, mid-tempo R&B flavored pop track with Sean Cedro. 

It is her first foray into songwriting.

She related, “It’s my first time to co-write. And Sean (Cedro) convinced me to try it. It was hard at first but eventually I was able to enjoy the process.”

Aubrey eventually learned so many things.

“Mahirap pala kung ilalagay mo sa lyrics yung nararamdaman mo. Hindi pala dapat siya literal. Dapat may meaning, may puso, may bigat (ang mga lyrics). Dun ako nahirapan, but once we knew the direction of where the song wanted to go, it became a smoother writing process for me.” 

Aubrey added that “Sana” is “about wishful love, it’s about a dream that you want to become a reality, and it’s also about hope.”

And what does she hope and dream for?

“I’ve been doing this for a long time now, I started as a music artist, even before I acted in movies, sana I have a long career doing these things, especially music.”

“Ang meron kasi sa music na hindi ko mahahanap sa iba is yung puso,” said Aubrey of what keeps her coming back to music.

“Sa music kasi nag-ko connect lahat. I mean, different songs mean different things to me, some songs give me hope, gives me happiness, or relieves my stress. Iba talaga ang nabibigay sa kin ng music, Aubrey explains.

“That’s why I keep on pushing on doing this. It gives me so much and music does really help me in many ways as a person.” 

“I’m definitely going to write some more. I really enjoyed doing it and for me, I feel good singing my own song. It feels different.”

“I feel proud singing my own song.”

Aubrey Caraan will release her official music video for “Sana” (directed by Raymond Fabian and featuring Jairus Aquino) on YouTube, today, November 11.

Typical Filipino (XXIX) - Typisch Philippinisch (XXIX): Napasubo - Es gibt kein Zurück/There is no going back.



Napasubo can be translated as being drawn into, entangled, ensnared, embroiled or even forced into a situation which may have been beyond the person's control. It normally expresses an undesirable situation with which the person would rather not be involved. Nevertheless, the person's degree of responsibility in getting himself or herself involved in such an unwanted scenario is left to be determined.

Es gibt kein Zurück! 

HIYA und AMOR PROPIO führen gelegentlich zu Situationen, aus denen es ohne Gesichtsverlust kein Zurück gibt, weil man sich öffentlich auf eine Position festgelegt hat. Ein Filipino/eine Filipina wird dies dann eisern durchstehen, denn er/sie ist NAPASUBO-gebunden und kann es sich nicht leisten, sein Gesicht zu verlieren.

HIYA und AMOR PROPIO occasionally lead to situations in which there is no turning back without losing face because has publicly committed to a position. A Filipino/a Filipina will get through this because he/she is bound and cannot afford to lose face.

ROUSED TO ANGER?

Anger. A day rarely goes by without us feeling angry. It is not necessary to cite examples. Sometimes, it's just a minor reason like we hate the fly at the wall. Sometimes anger has important reasons. 


Anger seems to become the main part of our daily life. That's why it is really important to talk (again?) about this phenomenon. As I said, anger is one of the most basic emotions. Everyone can really get angry. If someone told you, he won't get angry, better don't believe him.


Anger is a terrible feeling of being against something or someone. It can be my neighbor, because he is still (!) burning poisonous plastic and rubber garbage. Many of us get angry observing some politicians during those days worldwide.


Anger is a hostile emotion that sets people against one and another, or even against themselves. By its nature, anger involves opposition, hostility, hatred and dislike. Anger, however, is simpler to define than to identify. Emotions of antagonism can take a wider variety of faces. Expressions of anger range from the overt, in-your-face brand of open hostility to the cold indifference of a silent individual.


Anger at the workplace is becoming very common nowadays.


One of my good friends works as a stewardess. Imagine yourself 35,000 feet up, pushing a trolley down a narrow aisle surrounded by restless passengers. A toddler is blocking your path, his parents not immediately visible. A passenger is irritated that he can no longer pay cash for an in-flight meal, another is demanding to be allowed past to use the toilet. And your job is to meet all of their needs with the same show of friendly willingness. For a cabin crew member, this is when emotional labor kicks in at work.


A term first coined by sociologist Arlie Hochschild, it’s the work we do to regulate our emotions to create “a publicly visible facial and bodily display within the workplace”.


At times, anger can be felt like an inner fire. It hits you in the gut. You see red and feel hot and maybe sweaty. Your stomach gives you problems, our blood pressure rises, and breathing rate increases. Not only neighbors or politicians are the reason for anger. The silent withdrawal and lack of understanding and innumerable shortcomings of a partner or in the family are often an indication that one is angrily punishing the other for not doing things his or her way.


 Back to the workplace: unhelpful attitudes such as ‘I’m not good enough’ may lead to thinking patterns in the workplace such as ‘No-one else is working as hard as I seem to be’ or ‘I must do a perfect job’, and can initiate and maintain high levels of workplace anxiety.


When research into emotional labor first began, it focused on the service industry with the underlying presumption that the more client or customer interaction you had, the more emotional labor was needed.


However, more recently psychologists have expanded their focus to other professions and found burnout can relate more closely to how employees manage their emotions during interactions, rather than the volume of interactions themselves. Perhaps just only today you turned to a colleague to convey interest in what they said, or had to work hard not to rise to criticism. It may have been that biting your lip rather than expressing feeling hurt was particularly demanding of your inner resource.


But in some cases maintaining the façade can become too much, and the toll is cumulative. 


In another friend's last position, the “customer was king”.  She was working in a shopping mall. Many times, she got a tirade of abuse from several customers. “When I explained what happened to my senior, I was told I must have said or done something to warrant this response… I was then told I should go and apologize.” Yes, that's how it is!


As I stated earlier: Minor things could become the start of anger. Over the years, handling the stress caused by suppressing one's emotions became much harder. Small things seemed huge, we easily dreaded going to work and  anxiety escalated. 


Across the globe, employees in many professions are expected to embrace a work culture that requires the outward display of particular emotions – these can include ambition, aggression and a hunger for success.


The way we handle emotional labor can be categorized in two ways – surface acting and deep acting.


A few years ago, the New York Times wrote a “lengthy piece about the “Amazon Way”, describing very specific and exacting behaviour the retail company required of its employees and the effects, both positive and negative, that this had on some of them. While some appeared to thrive in the environment, others struggled with constant pressure to show the correct corporate face.


“How we cope with high levels of emotional labour likely has its origins in childhood experience, which shapes the attitudes we develop about ourselves, others and the world,” says clinical and occupational psychologist Lucy Leonard.  


“Unhelpful attitudes such as ‘I’m not good enough’ may lead to thinking patterns in the workplace such as ‘No-one else is working as hard as I seem to be’ or ‘I must do a perfect job”, and can initiate and maintain high levels of workplace anxiety,” says Leonard.  


Workers are often expected to provide good service to people expressing anger or anxiety – and may have to do this while feeling frustrated, worried or offended themselves.


Take the example of a particularly tough phone call. If you are surface acting you respond to the caller by altering your outward expression, saying the appropriate things, listening while keeping your actual feelings entirely intact. With deep acting you make a deliberate effort to change your real feelings to tap in to what the person is saying – you may not agree with the manner of it but appreciate the aim.


Both could be thought of as just being polite but the latter approach – trying to emotionally connect with another person’s point of view – is associated with a lower risk of burnout. Good thing: many offices over the last decade have created recreational or rest spaces in a bid to mitigate employee stress.


When things get tough, you might be very lucky  talking to colleagues to unload. “It’s the saying it out loud that allows me to test and validate my own reaction. I can then go back to the person concerned,” one of my former officemates in Germany explained many years ago.


Those who report regularly having to display emotions at work that conflict with their own feelings are more likely to experience emotional exhaustion


Remaining true to your feelings appears to be key – numerous studies show those who report regularly having to display emotions at work that conflict with their own feelings are more likely to experience emotional exhaustion.


Of course, everybody needs to be professional at work and handling difficult clients and colleagues is often just part of the job. But what’s clear is that putting yourself in their shoes and trying to understand their position is ultimately of greater benefit to your own well-being than voicing sentiments that, deep down, you don’t believe.


Where it is possible, workers should be truly empathetic, be aware of the impact the interaction is having on them and try to communicate in an authentic way. Easy to say, yes, I know. But let's give it a try!

Friday, November 11, 2022

ABS-CBN, TV5 drop merger deal

By Aric John Sy Cua  and Arlie O. Calalo 


RIVAL networks ABS-CBN and TV5 have called off the investment deal they signed earlier following an initiative in the House of Representatives to have the agreement investigated.


Competing cable companies Sky Cable and Cignal have also terminated their deal.


In a statement it released on Thursday, ABS-CBN said: "In disclosures to both the Philippine Stock Exchange and the Securities Exchange Commission today, Sky Vision Corporation ('Sky Vision'), ABS-CBN Corporation, Lopez Inc. and Cignal Cable Corporation ('Cignal Cable') announced that they have mutually agreed to terminate the sale and purchase agreement dated August 10, 2022."

The agreement involved the acquisition by Cignal Cable of a 38.88-percent equity interest in Sky Cable and the subscription by Cignal Cable to an "exchangeable debt instrument to be issued by Sky Vision and the proposed acquisition by Cignal Cable of a convertible note issued by Sky Cable."


ABS-CBN said that the termination was formalized through a memorandum of agreement.

In a separate disclosure, the two networks said they have "mutually agreed to terminate" their agreement covering the proposed acquisition by ABS-CBN of 34.99-percent equity interest in TV5 and the subscription by ABS-CBN to a "convertible note" to be issued by TV5.

TV5 has been broadcasting some ABS-CBN shows after the franchise of the former media flagship of the Lopezes was not renewed in 2020.

The two networks then revealed they were working out some kind of a merger.

Sagip Rep. Rodante Marcoleta, who was at the forefront of the campaign to deny ABS-CBN a new franchise, promptly declared he will have the House investigate the deal.

Another critic of the merger, lawyer Lorenzo "Larry" Gadon, said on Thursday TV5 might have eventually realized that the agreement could jeopardize the company's future.

"What cannot be done directly, cannot be done indirectly," Gadon told The Manila Times.

"The TV5-ABS-CBN deal on the sale of 35 percent stockholdings may cause the revocation of the franchise of TV5 or may cause the denial of its application for a renewal once its franchise expires," he said.

Gadon ran for senator last May under the Kilusang Bagong Lipunan, the party of the father of President Ferdinand "Bongbong" Marcos Jr., former president Ferdinand E. Marcos.

He said that because the ABS-CBN is tainted with foreign funds, "the whole equity of TV5 will also become tainted with foreign funds."

Such a merger will also violate the constitutional requirement that a mass media organization must be fully Filipino owned, he said.

PH gets recognition anew; Palawan topped the 21st Wanderlust awards

by Jun Marcos Tadios, MB

Palawan was hailed as the Most Desirable Island in the world at the recently concluded 21st Wanderlust Travel Awards in the United Kingdom (UK), the Department of Tourism (DOT) disclosed on Thursday, Nov. 10.

DOT Secretary Christina Garcia Frasco said the new recognition of Palawan reflects the beauty and competitiveness of the Philippines in word spectacle. 

photo: DOT

The award was given on Wednesday, Nov. 9, by the prestigious Wanderlust travel magazine.

Cebu was also nominated this year as the Most Desirable Region (Rest of the World) by the award-giving body.

“On behalf of the Department of Tourism, we thank the readers of Wanderlust Magazine for their love and support for the Philippines!” said Frasco, adding, “The recognition reflects the effort of the government to revive the tourism industry.”

Frasco vowed that the DOT and its attached agencies would continue to herald the beauty and rich culture of the Filipino people.

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“Rest assured that we will continue with our mission to herald the Philippines and the Filipino brand to the world and to ensure the continued sustainability of our islands,” she noted.

The Philippine Tourism Board, through the Philippine Department of Tourism-Central Visayas Office, also placed 6th among hundreds of entries in the Wanderlust Sustainability Initiative Category for its Dive7 Program.

Earlier this year, Conde Nast Travel (CNT) also named the Philippines among the 40 most beautiful countries worldwide, specifically citing the remarkable cave system of the Puerto Princesa Underground River, the mysteriously uniform Chocolate Hills of Bohol, and the panoramic views of the Banaue and Cordilleras Rice Terraces.

The following month, the renowned Travel + Leisure magazine also named the country’s tourist magnets Boracay, Palawan, and Cebu part of the 25 Best Islands in the World.

Time Magazine also lauded Boracay as one of the 50 World’s Greatest Places of 2022.

In September, the Philippines topped Asia’s leading dive, and beach destination, while the historic Walled City of Intramuros was Asia’s leading tourist attraction at the World Travel Awards (WTA) in Vietnam. 

The series of awards added to the country’s long list of recognitions earned at the height of the COVID-19 pandemic.

Hidilyn Diaz spearheads PH team to world weightlifting championships Published November 10, 2022, 12:51 PM

by Kristel Satumbaga-Villar

Philippines’ first Olympic gold medalist Hidilyn Diaz banners the elite cast of weightlifters when they see action in the 2022 IWF World Championships on Dec. 5 to 16 in Bogota, Colombia.

Hidilyn Diaz starts her 2024 Paris Olympics campaign when she competes in the world championships in Bogota, Colombia next month. (File Photo)

Diaz will compete in the women’s 55kg class – the same weight division where she won the Olympic gold in Tokyo last year – in the tournament that offers ranking points to qualify for the 2024 Paris Olympics. 

Joining Diaz are fellow Tokyo Olympian Elreen Ando, Asian champion Vanessa Sarno, world juniors gold medalist Rosegie Ramos, Southeast Asian Games gold winner Kristel Macrohon, and Lovely Inan.

Ando will battle in women’s 59kg, Sarno and Macrohon in 71kg, and Ramos and Inan in 49kg.

The men’s team will feature 2015 Asian champion Nestor Colonia, John Febuar Ceniza and Dave Lloyd Pacaldo.

Colonia will compete in the 55kg, Ceniza in 61kg and Pacaldo in 67kg. 

Accompanying the athletes are coaches Ramon Solis, Richard Agosto, Joe Patrick Diaz and Julius Naranjo, as well as weightlifting president Monico Puentevella and Team HD members Jeaneth Aro and Karen Trinidad.

Diaz hopes to maintain or surpass her bronze medal finishes in the 2015 Houston, 2017 Anaheim and 2019 Pattaya editions, while Sarno and Ando seek a podium finish after both placed fifth in their weight classes last year in Tashkent, Uzbekistan.

Typical Filipino (XXVIII) - Typisch Philippinisch (XXVIII): Ninong and Ninang


ninong is a godfather or sponsor of baptism or wedding. A ninang is a godmother.  A godmother  is a woman who sponsors a child's Catholic christening too and is expected to be like a second mother.

How do you choose ninong and ninang?

Make sure they can provide you with good advice. As much as possible, your ninong and ninang should be married and much older.

See if they're available on your wedding day.


BY JUSTINE LUBAG

One question I often see in bridal websites and bridal forums is how many ninangs and ninongs need to be present in your wedding. As we’ve tackled in our wedding entourage article, you legally only need two to stand in as your principal sponsors. However, if you’ve ever attended a Filipino wedding in the past, you might have noticed that some wedding parties have more than that. Here’s a run-down on how having principal sponsors in weddings work and how to choose the ninongs and ninangs on both sides of the family to become part of this entourage.


What Are Principal Sponsors?

Principal sponsors are members of your wedding entourage. While principal sponsors may not exist in western wedding entourages, principal sponsors are a must in Filipino weddings, regardless if you’re having a church or civil wedding. This is because a valid marriage must have at least two witnesses of legal age to sign the marriage contract. You can forget the best man, maid of honor, bridemaids, and other members of the entourage, and your wedding will still be valid in the eyes of the law. But if you don’t have at least two people to stand as witnesses, your wedding is considered invalid even if you have all the other wedding requirements present.


So, while the bride and groom could choose someone closer to their age to stand in as principal sponsors, they could legally do so. However, choosing their ninongs and ninangs to stand in as their principal sponsor is the tradition in church weddings because it has an emotional and social meaning behind it. Here’s why.


Why Should I Choose My Godparents As My Principal Sponsors?

First reason is the emotional and symbolic meaning of your principal sponsors. Aside from being the ones to legally sign as witness to your marriage contract, both you and your future spouse’s godparents are expected to serve as your second set of parents, especially when both your parents are no longer with you. Also, following tradition, your principal sponsors should be much older than you and married because they should provide you with guidance and advice in your married life. So, aside from being around your parents’ age, they should ideally be in a marriage you can look up to for guidance.


A second unspoken reason is how the line-up of principal sponsors can say a lot about the wedding’s social status. According to Bride’s Maids and Co., a line-up of sponsors filled with prominent names can be a status symbol for a couple to show how well-connected their families are to celebrities and other popular names.


Choosing Your Principal Sponsors

Remember, the reason for choosing your godparents as your principal sponsors is purely symbolic and sentimental. If you don’t want to go that route, you can still legally pick at least two people over the age of 18. Other than age, there’s no hard requirement in terms of sex, gender, relation (or non-relation) to the bride and groom, and marital status. If one person you pick as your sponsor is married, it’s not necessary to make their spouse a sponsor as well.


But if you’re going for the traditional and sentimental route, here’s what you have to know.


Criteria in Choosing a Ninong and Ninang to be Your Sponsor

Make sure they can provide you with good advice. As much as possible, your ninong and ninang should be married and much older. This is because you’ll want godparents you respect and admire. Ideally, they should be in marriages you and your partner can look up to. And if you have multiple godparents standing in as principal sponsors, they can give you advice on the different aspects of marriage. Maybe you chose one ninong because of how he and his partner raised well-behaved children and want advice in child-rearing. Or, you chose a ninang because you know how she and her husband make financially smart decisions. Whatever the reason for choosing them, you and your partner should be close enough to them so you can come to them for advice any time later in the marriage.

See if they’re available on your wedding day. As much as you want your godparents to be present on your big day, sometimes they may have commitments on their own that prevent them from attending your wedding. As soon as you start planning your wedding, one of the things you should do by the 12-month mark (check out our wedding checklist and timeline!) is choose your bridal party. This is enough time to give them a heads up so they can keep their schedules free during your planned wedding date.

Ask Them Respectfully. While social media has allowed everyone the relative ease of reaching out, some older and traditional godparents might take offense if you ask them to be your sponsor with a simple Messenger message. To be safe, try scheduling lunch or dinner with your chosen sponsor. Ask them during that meeting if they would be willing to stand as one of your principal sponsors and why you want them in your wedding party.


Is There a Limit to the Number of Sponsors I Can Have?

Whether it’s in a courthouse, church, or any other wedding ceremony venue, your wedding won’t be legal unless you have at least two people to stand as witnesses. While couples only need two principal sponsors, small weddings usually have up to 8 sponsors while larger weddings can have as much as 16 sponsors. Technically, there is no hard limit, but some churches may impose a limit on the number of principal sponsors. If there are more, the church might either ask you and your partner to trim down your list or pay extra

Beating expectations, Philippines posts faster Q3 growth despite inflation

Ramon Royandoyan - Philstar.com 

MANILA, Philippines — The Philippine economy managed to squeeze out a modest growth in the third quarter, beating expectations of a slower expansion in the face of boiling inflation.

Gross domestic product (GDP) grew 7.6% year-on-year in the July-September period, the Philippine Statistics Authority reported Thursday.

The latest reading was slightly faster compared to the upwardly revised 7.5% expansion recorded in the previous quarter. It was also way past market expectations of a 6.1% growth. 

Quarter-on-quarter, the PSA said GDP grew 2.9%, a turnaround from 0.1% contraction posted in the preceding quarter.  

READ: No reprieve for Filipinos as inflation boils to over 10-year high in October

That the economy grew slightly faster last quarter came as a surprise as consumer spending, a major growth engine, feels the heat of sizzling inflation. Data showed household final consumption expenditure grew 8.0% year-on-year in the third quarter, slower than 8.6% recorded in the preceding three months.

Three subsectors that was responsible for last quarter’s growth: restaurants and hotels, transport, and food. The PSA reckoned that consumer spending hit P10.37 trillion in the first nine months, accounting for 73% of GDP.

Consumer spending did all the heavy-lifting while government support fades. Data showed government spending sharply slowed to 0.8% annually in the third quarter from 11.1% in the second quarter. Speaking to reporters, Socioeconomic Planning Secretary Arsenio Balisacan said the national government downloaded much of its spending earlier in the first half of the year. This meant, there were fewer public resources available to spend.

Nicholas Mapa, senior economist at ING Bank in Manila, said Filipinos are likely extending so-called “revenge spending” activities after almost two full years under lockdowns. This, despite an elevated inflation that’s pushing up the cost of living.

“One explanation would be overseas Filipino remittances which may be supercharged by a more favorable exchange rate.  However we believe that consumers are also digging deeper into savings, which unfortunately have yet to return to pre-Covid levels,” Mapa said in an e-mailed commentary.

“For now, it appears that households can fund extended revenge spending activities by drawing down on savings for a little longer however this could increase their vulnerability to potential shocks to income down the road,” he added.

Leonardo Lanzona, an economist at Ateneo De Manila University, shared the same view. “Perhaps people had started hoarding in anticipation of higher prices,” he said.

The Bangko Sentral ng Pilipinas had projected in August that inflation would peak by September or October, but the latest data showed that might not be the case. The PSA earlier reckoned price growth would accelerate further in November, as the damage wrought by recent typhoons has yet to be priced in.

Despite the inflation onslaught, the Marcos administration is still on track to meet its watered-down goal. In the first nine months of the year, GDP averaged 7.7%, above the government’s 6.5-7.5% target for 2022.

Domini Velasquez, chief economist at China Banking Corp., said this would strengthen the case for another set of interest rate hikes. The benchmark rate is now at 4.25% and is expected to soar higher as the BSP vows to match the US Federal Reserve’s aggressive rate hikes.

 “It also provides more room for wiggle room for the BSP to raise rates by at least 6% without slowing growth too much,” she said in a Viber message.