BusinessMirror October 04, 2024 by BusinessMirror

By Reine Juvierre

it raised P121.72 billion in duties and taxes from January to June 2024 -- 6.28 percent higher from the P114.53 billion collected in the same period in 2023. The BOC has marked 9.89 billion liters of diesel, gasoline and

kerosene in the first half of 2024.

This is a 4.99-percent year-on-year increase from 9.42 liters.

“This success is attributed to enhanced monitoring and strict regulation of petroleum movements, ensuring accurate revenue collection and reducing the risk of illicit activities,” it said.

The fuel marking program began on September 4, 2019, as part of the Tax Reform for Acceleration and Inclusion (TRAIN) law, aimed to ensure that oil products available in the market comply with tax regulations.

According to the law, petroleum products that are refined,

manufactured, or imported to the Philippines such as unleaded premium gasoline, kerosene and diesel, must be marked by an official marking agent after taxes and duties have been paid.

A unique chemical marker is used in marking fuel that can be embedded at a molecular level in petroleum products—gasoline, diesel and kerosene—enabling authorities to test, identify, and distinguish petroleum products with paid excise taxes.

In the first half of the year, the BOC has collected P455.518 billion from January to June 2024, exceeding its target by 2.91 percent

or P12.897 billion. The BOC attributed its valuation methods, various revenue streams, collections from the tax expenditure fund and ongoing digitalization and modernization of systems to its performance.

Other revenues from audit findings and voluntary disclosures worth P1.7 billion, P88.1 million from public auction proceeds at various ports and P5.7-billion tax expenditures also contributed to reaching its target. For 2024, the BOC aims to generate P939.7 billion in tax revenues.

GOALS FOR PUBLIC DEBT, FISCAL GAP AT RISK: BMI

By Cai U. Ordinario @caiordinario

THE national government may fall short of its aims to pare down the country’s public debt and narrow the fiscal deficit due to the expected increase in its budget, according to a United Kingdom-based research firm.

BMI Country Risk & Industry Research, a Fitch Solutions company, estimates that the public debt will recede more slowly, eventually reaching 58.8 percent of GDP in 2028 while the deficit is expected to widen to 5.9 percent of GDP. The government unveiled a P6.352-trillion budget for 2025, which marks an increase in public spending to 21.9 percent in 2025 from 21.7 percent of GDP in 2024.

“This will reverse the country’s fiscal consolidation efforts. Admittedly, the Philippines fiscal recovery has already fallen behind regional counterparts and the latest budget certainly does not help this cause,” BMI said.

BMI said the Marcos administration unveiled the national budget of P6.352 trillion for 2025 on July 29. This marked a 10.1-percent increase from the 2024 budget and accounts for around 22 percent of GDP.

"The stark disparity between the official projection and ours lies within the numbers: the government based its calculations on P6.072 trillion, whereas we used the headline figure to draw our conclusion," BMI said.

In order to attain the deficit target of the national government of 55.9 percent of GDP by 2028, the deficit should be maintained at 3.6 percent of GDP between 2026 and 2028.

ABy Ma. Stella F. Arnaldo @akosistellaBM Special to the BusinessMirror

FTER making a big splash in a slow food event in Turin, the Philippines will have a chance to show its best foo(d) forward anew by hosting the Terra Madre Asia Pacific edition in 2025.

The announcement of the Philippines’s winning bid to hold the major event in Bacolod City, Negros Occidental was made at the Philippine pavilion, before the close of the Terra Madre Salone del Gusto in Turin, Italy, a premier event for the global slow

HIGHER public spending and an increase in services exports will be the primary drivers of the country's GDP growth this year, according to the Asean+3 Macroeconomic Research Office (AMRO).

On Thursday, AMRO maintained its growth forecast for the Philippines at 6.1 percent this year and 6.3 percent next year in the latest ASEAN+3 Regional Economic Outlook (AREO).

The report also said inflation is expected to remain within the Bangko Sentral ng Pilipinas (BSP) target of 2 to 4 percent. AMRO maintained its inflation outlook at 3.3 percent this year and 3.1 percent next year.

“We didn’t change the forecast for the Philippines. This is mainly because we expect government investment spending to be higher this year, together with services exports,” AMRO Chief Economist Hoe Ee Khor said.

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shoppers

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Despite the shift to online shopping, many

and festive atmosphere only found in these iconic locations. hidalgo, famous for its photography hubs, has become a hotspot for viral street food and vloggers, while streetwear sales keep the festive energy alive. BERNARD TESTA

SYnErgEIa’S gUEVara WIth rOtarIanS Former Finance undersecretary and now President of Synergeia Foundation, Dr. Milwida M. g uevara, was guest speaker of the rotary club of Manila (rc M) at its weekly meeting at the Manila Polo club, Makati city, on thursday, October 3, 2024. She is flanked by rotarian Francisco “Paco” D. Magsaysay and rc M Past President Felix Francisco “chito” S. Zaldarriaga. NONOY LACZA

Ex-Taguig councilor, Orbos lead new Palace appointees

By Samuel P. Medenilla @sam_medenilla

PRESIDENT Ferdinand Marcos has named former Taguig City Councillor Michelle Anne B. Gonzales as the new Commissioner of the Presidential Commission for the Urban Poor (PCUP) and former Executive Secretary Oscar M. Orbos as Acting Chairperson of the People’s Television Network Inc. (PTNI).

The chief executive issued the appointment papers of Gonzales last week.

She will replace former PCUP commissioner Paolo M. Guanco. Gonzales is the mother of National youth Commission (N yC) Commissioner-at-Large Michelle Mae Gonzales. Prior to her new designation, she served as councilor in the second district

of Taguig City from 2010 to 2013 and was reelected for 2013 to 2016.

She also worked as corporate secretary of MTQ Queen Trading Corp., administrative director of SH Holidays and Travel Corp., vice president of Ramoso Realty Corporation, treasurer of the BALRAM Commercial and Development Corporation, and chairperson

and administrative director of Sparkle Holidays & Travel Corporation.

Gonzales obtained her Bachelor of Science degree in Commerce Major in Accounting from the De La Salle University-Manila and her Masters in Management Major in Public Administration from the Philippine Christian University-Manila.

She is currently the President of the BBM-Sarah Uniteam Taguig Chapter. She served as president of the Partido Demokratiko Pilipino Lakas ng Bayan (PDP-Laban) Taguig Chapter from 2016 to 2019.

Another new appointee, Orbos, took his oath of office before Executive Secretary P. Bersamin.

Orbos was the Executive Secretary and Secretary of Transportation and Communications during former President Corazon C. Aquino's administration from 1990 to 1991. The former Cabinet official was

also elected congressman for Pangasinan’s first district from 1987 to 1990 and as governor of the province from 1995 to 1998.

He also co-hosted GMA Network’s “Debate with Mare at Pare” alongside economics professor Solita Monsod. Aside from Orbos, President Marcos appointed the following new officials: political analyst Antonio P. Contreras as Acting Vice Chairperson and Member of the PTNI Board of Directors, representing the educational sector; former PTNI General Manager Katherine Chloe S. De Castro as Director General of the Philippine Information Agency (PIA); and Atty. Francis Carlo D. Taparan as Director IV of the National Printing Office (NPO).

food community. In a news statement, Slow Food International President Edward Mukiibi said, “In 2025, we plan to host several regional events, including Terra Madre Americas in Sacramento, California, USA; Terra Madre Asia and Pacific in Bacolod City, Negros Occidental, Philippines; and Terra Madre Nordic Countries in Norway.”

Slow Food is an organization that promotes local food and traditional cooking, using high-quality local ingredients usually produced in small quantities. It organizes Terra Madre every two years, and this year, “stands as the most significant gathering for Slow Food’s global efforts on food policies, bringing together thousands of farmers, herders, fishers, producers, chefs, educators, food activists, and experts,” said Mukiibi.

Slow Food Farms launched Uy, an organic farmer and restaurateur in Negros Occidental, explained through the MOA, the Bacolod City government, led by Mayor Albee Benitez, will set up a slow food international office for Asia and the Pacific, following the Turin and Piedmonte model 20 years ago. As for next year’s event, “Bacolod is the only place we can hold Terra Madre since we have the strongest network, and Negros Occidental has the biggest [organization] in Asia,” he added. Also, “we have been hosting an organic festival since 2006 so we have a very strong network that cannot be duplicated overnight in other places.”

From September 26 to 30, the Philippine delegation at Terra Madre in Turin engaged audiences through interactive workshops, panel discussions, and immersive food tastings, while top-tier chefs and culinary experts prepared special menus that blended traditional and modern techniques. The featured resource persons shared insights on sustainable food practices, heritage recipes, and the role of indigenous ingredients in promoting biodiversity.

“The [BSP] Governor himself indicated that there’s potential for a further cut

“The government has [also] cut interest rate by 25 basis point, and it's indicated for another cut later this month. We know that 6.1 is below the government’s target, but it’s still among the strongest in the region,” he added. Given that inflation is trending downward and will continue to do so for the rest of the year, Khor agreed that the BSP has room for further reducing policy rates.

of 25 basis point, but he’s going to wait and look at the numbers on inflation. So so far, inflation has behaved pretty well,” Khor said.

Meanwhile, the ASEAN+3 region is poised to grow at 4.2 percent in 2024 and improve to 4.4 percent in 2025, in its latest quarterly update of AREO. This will be driven by the continued

recovery in external trade and tourism, alongside resilient domestic demand, will remain the key drivers of growth.

The latest 2024 forecast for the ASEAN+3 region represents a slight downward revision from the July 2024 AREO Update forecast of 4.4 percent, primarily due to adjustments for China and Vietnam.

“Recent developments have shifted the risk landscape for the ASEAN+3 region. The sharp but short-lived market adjustments that we witnessed in early August is a reminder of the risk of further spikes in financial market volatility. The potential escalation of protectionist policies following the US presidential election is another key risk for the region," Khor said.

The Plus-3 economies (China; Hong Kong, China; Japan; and Korea) are projected to grow at 4.1 percent, while ASEAN is expected to expand by 4.7 percent in 2024.

AMRO expects the ASEAN+3 region growth to strengthen to 4.4 percent in 2025, aligning with expectations of stable external demand and resilient domestic demand amid easier financial conditions.

Meanwhile, AMRO said inflation in the ASEAN+3 region—excluding Lao PDR and Myanmar—is forecast to moderate to 1.9 percent in 2024, slightly lower than the July forecast of 2.1 percent.

Overall, inflationary pressure remains well contained in the region, in line with the expectation of easing global inflation. However, recent US economic indicators have sparked some concerns for the region.

“An increasing number of central banks worldwide have begun easing monetary policy, and China has recently announced a broad set of stimulus measures to support its economy. These actions will have positive spillover effects on the rest of region,” Khor said.

“However, rising external and geopolitical uncertainties underscore the need to continue strengthening resilience and enhancing cooperation in the region,” he added.

Further, AMRO said continued weakness in the US labor market and purchasing managers index (PMI) figures have raised fears of a sharper growth slowdown, potentially impacting regional exports.

The November election outcome could also significantly affect the region’s economic outlook, particularly if it signals an intensification of US-China trade tensions or broader trade frictions. Cai U. Ordinario

The BusinessMirror learned that the Philippines beat out other Asian countries such as Japan, South Korea, and Taiwan, which were also equally eager to host the Asia Pacific event. International Councilor at Slow Food International Ramon C. Uy said of the AsiaPacific event, “We are expecting slow food networks in the region to come together—from farmers, fishermen, chefs, artisans to food activists, among others. We have [slow food] networks across Asia— from the Middle East and Southeast Asia, to Australia and Pacific—who already committed to participate. We are expecting a lot of visitors [next year].”

The Philippines’s hosting of the major event comes on the heels of Bacolod recently being designated as the hub of the Slow Food movement in Asia, through a memorandum of agreement (MOA) signed between Bacolod Mayor Albee Benitez and Slow Food International Director General Paulo di Croce. (See, “Blockbuster ‘lechon’ at Turin slow food event,” in the BusinessMirror, October 1, 2024.)

Meanwhile, a key initiative launched at Terra Madre was the Slow Food Farms, set to become the largest global network of farms dedicated to good, clean, and fair food, based on agroecological principles. “More than 250 participants from 57 countries took part in capacitybuilding sessions over the past five days. They are now ready to bring the initiative to life in their regions. Our goal is to engage 1,000 Slow Food Farms by July 2025, working alongside local Slow Food groups and allies to support farmers,” said Mukiibi.

“Everything begins on the farm, as farms nourish local communities and ecosystems. But farms are also places of education and advocacy. Slow Food wants to amplify the voices of these farmers, connecting them to a global community of activists, chefs, consumers, artisans, fishers, and fellow farmers who have long been part of this movement,” he underscored.

tral based on the expected growth coming from the private sector.

However, this could cost 1 percentage points worth of spending cuts, making it challenging for the government to attain its economic growth agenda.

“We forecast the budget shortfall to average 4.6 percent over the same period. Consequently, public debt will recede more slowly, eventually reaching 58.8 percent of GDP in 2028,” BMI said.

However, BMI expects the government’s revenue collection to be better than expected. BMI said the forecast that revenue collection will decline to 15.8 percent in 2025 from 16.1 percent this year “is a tad too conservative especially when the macroeconomic backdrop is set to improve next year.”

BMI said their expectations pegged domestic demand to grow 6.3 percent next year on account of higher private consumption brought about by lower interest rates. Revenue collection could average 16 percent next year.

The research firm also said that based on reports, revenue collection have reached 17.1 percent of GDP in the January to June period this year, a one-percentage point improvement from the full year target of 2023. Should this continue, BMI said revenue collection could exceed the government's targets this year.

“Philippine policymakers tend to underestimate their revenue targets, as seen in the past two years. Currently, we have projected revenue collection to be around 16 percent of GDP, which is already higher than the government’s expectation of 15.8 percent. If revenue exceeds even our projections, we could anticipate a smaller budget deficit,” BMI, however, said. Meanwhile, in a recent briefing, IMF Mission Head Elif Arbatli Saxegaard said the country’s fiscal consolidation program is expected to moderate this year on account of higher public consumption and investment. However, Saxegaard said the country's fiscal stance next year may be more neu -

This growth will be driven by improvements in financial conditions caused by monetary policy easing and expectations that the United States Federal Reserve will continue reducing rates.

“All of these financial sector developments, including the reserve requirement cut as well can support the more favorable financial conditions and that will support a pickup in investment, private investment and also some pickup in private consumption next year allowing the fiscal side to be sort of more neutral,” Saxegaard said.

“Over the medium term we do expect the same to happen as the medium term consolidation takes place the private sector will pick up the slack so this is the baseline expectation,” she added.

In terms of their forecast for the fiscal deficit, Saxegaard said, they expect it to decline to 5.6 percent in 2024 and 2025 from 6.1 percent in 2023. She said, however, that this is based on the IMF's own definitions.

Meanwhile, Saxegaard said that in order to close this deficit, additional tax measures can help such as previous plans to tax sweetened beverages and junk food. Other options include improving the efficiency of the Value Added Tax (VAT) system or the consideration of carbon taxes.

She said overall, it may be a good time to introduce additional tax measures given that inflation is expected to slowdown.

Earlier, the Bangko Sentral ng Pilipinas (BSP) said food and oil as well as the appreciation of the peso may have contributed to cooler inflation in September. BSP said inflation may have averaged 2 to 2.8 percent in September due to lower food and oil prices as well as the appreciation of the peso.

If this will

‘Failure to account for office funds caused sharp drop in Sara’s rating’

By Jovee Marie N. dela Cruz @joveemarie

THE sharp decline in Vice

President Sara Duterte’s trust and approval ratings, as reflected in the September Pulse Asia survey, could be attributed to her alleged refusal to provide clear explanations regarding the use of her office’s funds, a leader of the House of Representatives said on Thursday.

Senior Deputy Speaker Aurelio Gonzales Jr. suggested that Duterte’s ratings might continue to fall if she remains evasive about how public funds were spent by the Office of the Vice President (OVP).

It was learned that from 83 percentage points in March 2023, Duterte’s trust rating dropped 22 percentage points to 61 in the September 2024 Pulse Asia survey.

Gonzales said that the public appreciates the accountability of public officials, and Duterte should not set this aside, including being responsible for spending the funds entrusted to her office.

“The continuous decline in Duterte’s ratings is not surprising, especially since she has not provided adequate explanations regarding the OVP [Office of the Vice President] and DepEd [Department of Education] funds. We are talking about public money, and it is her obligation to clarify the questionable spending,” he said.

The Pulse Asia survey in September 2024 showed that Duterte recorded a 60 percent approval rating, or a significant decrease of 9 percent, compared to the survey conducted in June 2024. Meanwhile, Her trust rating fell by 10 percentage points from 71 in June 2024 to 61.

“People expect public officials to be transparent in the use of government funds. It’s no surprise that her ratings are falling as she continues to avoid questions on this issue,” Gonzales added. It can be recalled that the Commission on Audit (COA) questioned Duterte’s office on the use of its P125 million confidential fund in 2022. Since the OVP still could not explain the spending, it issued a Notice of Disallowance.

In the first three quarters of 2023, the COA also flagged the spending of P164 million of the P375 million confidential fund of Duterte’s office, based on the released audit observation memorandum (AOM).

“We’ve seen multiple violations, not just one. This seems to be a recurring pattern of potential misuse of confidential funds. The P73 million disallowed in 2022 was repeated in 2023,” Gonzales said.

The lawmaker also condemned Duterte’s use of the budget of the Department of Education (DepEd) when she was the secretary of the agency, particularly the implementation of school-based feeding programs and the purchase of computers. According to the COA report, nutribuns and milk brought to public schools in many regions are moldy and infested with insects. It is also said that the purchased computer laptops and other school supplies were not delivered to the schools on time.

He emphasized that the issue is not only about the misuse of funds but also about Duterte’s general refusal to accept responsibility for her actions. In his view, this behavior continues to damage his public image.

Palace prepares welcome for South Korean president

By Samuel P. Medenilla @sam_medenilla

& Butch Fernandez

@butchfBM

OUTH Korean President Yoon Suk

SYeol is set to arrive in the country next week for a two-day State Visit upon the invitation of President Ferdinand Marcos.

In a statement, Malacañang said the Korean leader’s State Visit will be from October 6 to 7, in time for the 75th Anniversary of the establishment of Philippines-South Korea diplomatic ties.

This will be the first stand alone bilateral visit of a Republic of Korea President to the Philippines since 2011.

“President Marcos and First Lady Louise Araneta—Marcos will officially welcome ROK [Republic of Korea] President Yoon, together with First Lady Kim Keon Hee, during the ceremonies at the Malacañan Palace on 7 October 2024,” the Palace said.

During the meeting, both state leaders are expected to discuss cooperation in security and defense, maritime, economic and development fields, people-to-people ties, as well as labor and consular matters.

They will also exchange views on regional and international issues, and reaffirm the vibrant and dynamic relations between the two countries.

The scheduled State visit was first announced by South Korean Ambassador Lee Sang-Hwa when he presented his credentials to President Marcos in July 2023. Prior to the State visit, Marcos met with Yoon during the 43rd Association of Southeast Asian (ASEAN) Summit and Related Summits in Jakarta, Indonesia, last year, where they talked about food supplies, economic cooperation, and biodiversity preservation.

South Korea is the country’s fourth largest trading partner and supplier of military assets.

SC reinstates parricide case vs wife of car racer Pastor

TYoon’s visit to the Philippines solidifies the country’s bilateral relations with the East Asian economy, said Sen. Sherwin Gatchalian on Thursday.

“We are deeply honored by President Yoon’s first visit to the country as this affirms the good bilateral relations that we have enjoyed over the past 75 years with South Korea,” Gatchalian added.

Gatchalian at the outset assured the guests that “we are confident that the visit will serve to further strengthen our ties moving forward.”

Gatchalian and other Senate leaders are at the lead as host of visiting Korean President’s two-day state visit on October 6-7 to celebrate the 75th anniversary of the two countries’ bilateral relations.

Gatchalian, who chairs the Philippine-South Korea Parliamentary Friendship Association in the Philippine Senate, had earlier co-authored and sponsored a Senate Resolution recognizing the enduring amity and cooperation between the two countries.

“I have witnessed firsthand the remarkable growth of our bilateral ties and, for sure, the bonds between our countries are not merely founded on formal agreements or shared interests, but on a profound brotherhood that transcends time and generations,” Gatchalian said.

The total Philippines-South Korea trade reached US$10 billion in 2023, with South Korea ranking as Philippines fourth largest trading partner.

In 2022, South Korea was the Philippines’ seventh largest export market out of 211 countries. Also in 2022, South Korea was the Philippines’ fourth largest import supplier. The Philippines and Republic of Korea signed the Philippines-Korea Free Trade Agreement (FTA) on the sidelines of the Association of Southeast Asian Nations (Asean) Summit in Jakarta, Indonesia in September 2023.

Moreover, Gatchalian cited the depth of the two countries’ bilateral relations is manifested in various ways.

By Joel R. San Juan @jrsanjuan1573

HE Supreme Court (SC) has ordered the revival of the parricide case filed against Dalia Guerrero Pastor as alleged co-conspirator in the killing of her husband, racer Ferdinand “Enzo” Pastor in 2015.

In a 43-page decision written by Associate Justice Amy LazaroJavier, the Court’s Second Division reversed the ruling issued by the Court of Appeals (CA) which dismissed the parricide case against Dalia. Thus, the Court reinstated the arrest warrant and hold departure order (HDO) issued by the Regional Trial Court in Quezon City against Dalia on March 24, 2025.

In 2014, Pastor, an award-winning race car driver, was driving

a truck to Clark, Pampanga, together with his mechanic, Paolo Salazar when he was shot dead in an ambush at the intersection of Visayas and Congressional avenues in Quezon City. Investigation conducted by authorities pointed to Pastor’s wife and her lover Domingo de Guzman III as the alleged masterminds. Police Officer II Edgar Angel, who confessed as Pastor’s gunman, pointed to Dalia and de Guzman as the persons who contracted him to do the job for P100,000.

In his extrajudicial confession Angel said de Guzman contracted him to kill Pastor out of pity for Dalia who was being physically abused by the victim.

The prosecution has charged Angel and Domingo de Guzman III for Pastor’s murder while Dalia was charged with parricide. Angel and de Guzman have been arrested, while Dalia remained at large.

Another witness identified as Alvin Nidua also came out claiming to be a gun-for-hire and disclosed that de Guzmaan also tried to engage his services to kill Pastor through his handlers, but he declined it as the contract price was too low.

“As shown by the foregoing pieces of evidence Dalia has been positively identified by both PO2 Angel and Nidua as the woman, who together with de Guzman, met them on separate dates during which their services as gunsfor-hire were sought to kill Enzo,” the SC noted.

“It was Dalia who handed Nidua a picture of Enzo as the target. It was Dalia who PO2

Angel pointed to as the one who instructed him where and when he should waylay and gun down Enzo,” it added.

The Court added that Dalia was present during meetings with PO2 Angel and Nidua on separate occasions and overtly participated in ensuring and facilitating the ambush of her own husband.

The Court’s decision, on the other hand, affirmed the CA’s decision denying de Guzman’s plea for the dismissal of the murder case against him and his motion to post bail.

“The right of the accused to be presumed innocent is not violated by the mere finding of probable cause against him or her. As stated, the mere existence of probable cause does not equate to conviction,” the SC pointed out.

“In the face of several claims involving multiple parties and in light of the atrocious offense resulting in the death of Enzo, the ends of justice are better served by giving the trial court an opportunity to fairly determine the truth through a full-blown trial on the merits,” it added.

Marcos’s, Sara’s approval ratings down

By Bless Aubrey Ogerio

PRESIDENT Marcos maintained a 50 percent approval and trust rating in Pulse Asia’s latest Ulat ng Bayan survey released on September 30.

Marcos continues to enjoy majority support in Metro Manila (52 percent) and the rest of Luzon (61 percent), while trust in him remains high in the Visayas (50 percent).

Despite the steady nationwide support, regional differences are evident. In Mindanao, his approval rating dropped to 43 percent, with his trust rating also falling to 48 percent.

Class-based results showed majority support from Class D (52 percent both approval and trust), while only 35 percent of those in Class ABC approved of his performance, with 38 percent expressing trust. A significant portion of the higher socio-economic groups expressed indecision regarding the President’s work and trustworthiness.

This marks a notable decline from the previous June 2024 survey, where the president’s overall approval rating stood at 53 percent.

The drop comes amid ongoing

tensions in the West Philippine Sea, as well as the National Defense Secretary Gilbert Teodoro’s call for bolstering defense capabilities.

Duterte, Escudero garner better scores VICE President Sara Duterte and Senate President Chiz Escudero received stronger public sentiment overall.

Duterte posted higher approval and trust ratings, leading nationwide with 60 percent approval and 61 percent trust, down 22 percentage points from the March 2023 survey and 10 percentage points from the June 2024 survey. Her support was particularly robust in Mindanao, where she commanded overwhelming approval and trust ratings of 93 percent and 90 percent, respectively.

The vice president’s ratings remained solid despite being entangled in controversy during the survey period. Hearings concerning the Office of the Vice President’s budget drew considerable attention, especially after Duterte skipped a second budget hearing on September 10.

Escudero followed closely behind, receiving a 60 percent ap -

proval rating and 56 percent trust rating. His performance was wellreceived across various regions and classes, especially in the Visayas and Class E, where trust ratings were as high as 63 percent.

His leadership in key legislative inquiries, including hearings related to Philippine Offshore Gaming Operators and dismissed Bamban Mayor Alice Guo’s departure amid these hearings, appears to have bolstered his public image.

Romualdez struggles

IN contrast, Speaker Martin Romualdez registered only 44 percent approval and trust nationwide, with significant indecision about his performance. Pluralities expressed uncertainty, with 44 percent undecided on his work and 43 percent unsure of whether to trust him.

Romualdez’s ratings were lowest in Mindanao, where he had a 39 percent approval and a near-majority distrust rating of 45 percent.

The Pulse Asia survey was conducted through face-to-face interviews with 2,400 adult respondents from September 6 to 13. It has a ±2 percent margin of error at the national level and ±4 percent at the regional level.

Govt ready for Taal eruption

PRESIDENT Marcos said on Thursday the government is ready to evacuate people who are living around Taal Volcano if its activities continue to intensify in the coming days.

Marcos said they are now closely monitoring the situation around the caldera volcano after its phreatomagmatic eruption on Wednesday.

Such an eruption happens, when magma from a volcano becomes exposed to water.

“Right now, Phivolcs [Philippine Institute of Volcanology and Seismology] says let us not worry for now. But I am sure they will play it safe and once the need

arises, we will move people out of the danger area like we always do,” Marcos told Palace reporters in an interview in Pasig City last Wednesday.

He said the personnel of the government agencies will immediately initiate the evacuation once it becomes necessary.

“We have standard procedures. Everybody when...the volcano erupts or when the storm comes or there is an earthquake or whatever. They know what to do,” Marcos said.

“The people that we have there know what to do. That is why we put them there,” he added.

Phivolcs has placed Taal under

Alert Level 1 or low level of volcanic unrest and warned the volcano can demonstrate steam or phreatic explosions, volcanic earthquakes, ash fall, and release poisonous gas.

Prior to its eruption, the volcano showed upwelling of hot volcanic liquids in its main crater and emitted a plume, which reached a height of 2,400 meters.

Taal is one of the country’s most active volcanoes. The last time it was placed under Alert Level 4 or imminent hazardous eruption was in 2020, with the eruption of the main crater of the Taal Volcano Island leading to the evacuation of all of its residents.

Samuel P. Medenilla

Go secures PhilHealth’s commitment to increase services

a Senate hearing on Wednesday, presided over by Sen. Christopher Go, chairman of the Senate Committee on Health, new commitments were secured from key health agencies, including PhilHealth and the Department of Health (DOH), to expand their health benefit packages. These expansions will soon include free eyeglasses and wheelchairs for Filipinos in need, as well as improved access to dental services.

In his opening statement, Go underscored the need for accessible healthcare for all Filipinos, focusing on the gaps in the current health services, particularly in dental and vision care.

Go cited a study from the Philippine Eye Research Institute, reflecting that around two million Filipinos are visually impaired. The study also found that 9 percent of kindergarten kids and 16 percent of high school students are affected with visual impairments.

The senator also noted that, in terms of oral health, seven out of 10 Filipinos, or 72 percent of the population, have dental caries or tooth decay, according to the Philippine Dental Association. Go then called attention to the dire state of dental health in the provinces, citing instances where people are forced to use thread to remove teeth due to the lack of proper dental services.

He urged PhilHealth and the DOH to include more comprehensive dental services in their benefit packages.

Ronaldo Nuñez, president of the Philippine Dental Association (PDA), echoed Go’s call for a shift towards preventive dental care instead of the usual focus on extractions. He emphasized the need for establishing a standard for oral healthcare that includes preventive measures like sealants for permanent teeth.

Go responded by stressing the importance of maximizing existing health facilities, such as the 600 plus Super Health Centers funded through the DOH that he advocated for together with fellow lawmakers. DOH Undersecretary Molly Chiong also acknowledged the significance of incorporating dental services into the PhilHealth packages. She noted that to expedite the process, all accredited Konsulta Program facilities would automatically offer dental services.

House creates super panel to probe economic crimes

By Jovee Marie N. dela Cruz @joveemarie

THE House of Representa -

tives has adopted a resolu -

tion authorizing five of its committees to conduct a joint inquiry into the implementation of government programs aimed at combating smuggling, preventing price manipulation of basic goods, addressing hunger, and promoting food and nutrition security.

Public school teachers to get ₧1k WTD bonus

MThe inquiry will focus on House resolutions, privileged speeches, and motu proprio investigations related to the government’s efforts in dealing with the smuggling and price manipulation of essential commodities. These issues have a direct impact on food security and hunger, which are growing concerns in the country.

“During previous inquiries, it became apparent that one committee alone could not effectively address the multifaceted issues surrounding zero hunger and food security without overlapping with the jurisdiction of other commit -

Adopted on September 25, House Resolution 254 authorized the House Committees on Ways and Means, on Trade and Industry, on Agriculture and Food, and on Social Services, and the Special Committee on Food Security to conduct a joint inquiry.

tees,” the resolution said, highlighting the need for a collaborative approach.

The resolution added: “This joint inquiry is consistent with the whole-of-government approach to achieving food security and proper nutrition as outlined in the Philippine Development Plan 2023-2028 and Executive Order 66, Series of 2024. The executive order reorganized the Inter-agency Task Force on Zero Hunger, amending previous orders to improve coordination across government agencies.

“The committees aim to produce a comprehensive report with recommendations for potential legislation to curb

smuggling, prevent price manipulation, and promote food and nutrition security.”

Section 11, Article XIII of the Constitution, the resolution said, mandates the State to “make essential goods, health, and other social services available to all the people at affordable cost.”

The resolution also cites the Philippines’ commitment to the International Covenant on Economic, Social and Cultural Rights, specifically Paragraph 2, Article 11, which recognizes the fundamental right to be free from hunger and urges states to improve food production and distribution methods.

ORE than 912,000 public school teachers are set to receive their P1,000 World Teachers’ Day Incentive Benefit (WTDIB) on October 5, the vice chairman of the House Committee on Appropriations said.

Makati Rep. Luis Campos Jr. said Congress earmarked the sum of P912 million to fund the WTDIB at P1,000 per public school teacher, payable on October 5.

“This allocation is itemized in the 2024 General Appropriations Act,” Campos said in a statement.

Campos also said that the annual funding for the WTDIB would be sustained.

“We are determined to sustain the annual funding for the WTDIB for teachers. In fact, the 2025 national budget we approved last month includes another P955 million allocation for this benefit,” Campos said.

Group calls for shift to ‘circular’ economy

ANONPROFIT organization on Thursday called for urgent action to shift from linear, to “circular” economy through community-led action, inclusive partnerships, and innovative solutions to plastic waste and marine litter.

Compared to a linear economy, which is essentially an economy in which finite resources are extracted to make products that are used not to their full potential and then thrown away, a “circular economy” is a resource production and consumption model that involves sharing, leasing, reusing, repairing, refurbishing, and recycling existing materials and products for as long as possible.

Essentially, it means extending the life cycle of a product—including packaging.

The pitch was made by Antoinette Taus, founder and executive director of the group Communities Organized for Resource Allocation (Cora) during a recently concluded international conference dubbed “SEA of Solutions 2024: Delivering actions to end plastic pollution” conference, which was held at the United Nations Conference Center in Bangkok, Thailand, last month.

“We must ensure a just transition as we strengthen circular economy solutions to #BeatPlasticPollution. Our oceans, communities, and children depend on it. We have witnessed firsthand the powerful force

has been advocating for the passage of his House Bill 7840, which seeks to raise the WTDIB to P3,000 per teacher. “We must augment the value of the WTDIB and make the grant of this incentive permanent through legislation,” Campos emphasized.

Meanwhile, Campos also assured public school teachers that Congress is “absolutely committed” to providing new appropriations for their P10,000 annual teaching allowance. President Marcos signed into law the Kabalikat sa Pagtuturo Law, or

P10,000

of local communities in the Philippines, especially women and youth, in driving sustainable solutions. But we need greater collaboration to scale these efforts to tackle the problem at the source,” Taus said in a statement.

Taus said a circular economy plays a crucial role in addressing the pressing issue of plastic pollution, particularly in coastal areas. Landfills and marine environments are often the final destination for discarded plastics, posing a grave threat to precious ecosystems and the communities that depend on them.

A study by the World Bank revealed that the Philippines discards a staggering 163

million sachets, 48 million plastic bags, and three million diapers daily.

The latest findings from the 2023 Rapid Assessment Standing Stock Survey carried out by Cora at the Las Piñas-Parañaque Wetland Park revealed that food wrappers and sachets constitute the predominant type of marine litter, comprising 33 percent of the total waste collected. This alarming statistic is closely followed by plastic bottles, accounting for 15 percent of the accumulated waste.

“Plastic pollution threatens ecosystems and both marine and human life. By advancing a circular economy, we minimize waste and pollution by creating closed-loop systems where materials are reused, recycled or regenerated,” Taus added. Jonathan L Mayuga

2 dead, 8 injured as Julian re-enters PAR–NDRRMC

By Jonathan L. Mayuga @jonlmayuga

YPHOON Julian re-en -

Ttered the Philippine Area of Responsibility (PAR) Thursday morning, the country’s weather and is now moving away towards Southern Taiwan, where it is expected to make landfall.

Julian, the 10th severe weather to hit the country, has now claimed the lives of 2 people, injured 8 others and 1 person was reported missing, the National Disaster Risk Reduction and Management Council (NDRRMC) reported.

The fatalities, now being verified by the NDRRMC, were reported in the Cordillera Autonomous Region (CAR) and Region 1, which were affected by severe flooding due to the heavy rains induced by Julian the past few days.

The eye of the storm was spotted 245 km. northwest of Itbayat, Batanes and is packing maximum sustained winds of 120 km/h near the center, with gustiness of up to 165 km/h, the Philippine Atmospheric Geophysical and Astronomical Services Administration (PAGASA) reported in its 11 a.m. Bulletin.

It is now moving east northeast

and is headed towards Southwern Taiwan.

Tropical Cyclone Wind Signal No. 1 is still hoisted over Itbayat, Batanes.

Julian, which entered the PAR on September 27, induced heavy rainfall over Northern Luzon and has affected 58,953 families or 211,000 persons in 747 barangays, 99 cities and municipalities in 10 provinces in Regions 1, 2 and CAR. A total of 526.7 hectares of crops were also damaged, affecting 945 farmers, the NDRRMC said. The total damage to agriculture is 36,749,440.81.

Classes were also suspended in 320 cities and municipalities while work was suspended in 121 cities and municipalities in the affected regions.

The inclement weather also led to the declaration of state of calamity in 29 cities and municipalities in Regions 1 and 2.

Several domestic flights were cancelled but are now resuming normal operations.

Julian also affected seven seaports during the onslaught of the typhoon, the NDRRMC reported.

The Philippines, one of the most disaster-prone areas in the world, receives an average of 20 typhoons every year.

NBI files new raps vs Guo, now includes her notary

THE National Bureau of Investigation (NBI) on Thursday filed criminal charges against the dismissed mayor of Bamban, Tarlac, Alice Guo, and five others including the lawyer who notarized her counteraffidavit in the human-trafficking case filed against her at the Department of Justice (DOJ).

At a press briefing, NBI Director Jaime Santiago said a complaint for violation of Paragraph 2, Article 171 of the Revised Penal Code (RPC) (falsification by a notary public), Article 172 of the RPC (use of falsified document); Article 183 of the RPC (perjury) and Section 1 of the Presidential Decree 1829 (obstruction of justice) were filed against Guo, notary lawyer Elmer Galicia and four others.

The cases stemmed from the discrepancies in Guo’s counteraffidavit which she claimed to have signed prior to her escape from the Philippines last July 18.

However, the counteraffidavit notarized by Galicia indicated that it was signed by Guo on August 14. Guo was arrested in Tangerang City, Jakarta, Indonesia on September 14.

NBI Anti-Fraud Division lawyer Palmer Mallari said it was clear that based on their investigation, Guo

was not in the country when Galicia notarized her counteraffidavit.

Mallari said it was another person who signed for Guo in her counteraffidavit.

Mallari said they based their examination of the sample signatures on original documents they collected from Bamban municipality and the sample specimen signatures affixed on the counteraffidavit.

“After the examination...it was proven that the sample signatures appearing on all those documents as compared to the supposed signature appearing on the counteraffidavit were not written by one and the same person,” Mallari added.

Mallari said their findings showed that it was not Guo who signed her counteraffidavit.

The NBI, however, has yet to determine who actually signed Guo’s counteraffidavit.

Guo is currently facing trial for qualified human trafficking before the Regional Trial Court of Pasig City and undergoing investigation before the Department of Justice (DOJ) for money laundering in connection with her alleged involvement in the illegal activities of a Philippine Offshore Gaming Operators in her town. Joel R. San Juan

Philippines, Czechia eye greater defense cooperation

By Rex Anthony Naval

St. Timothy breaks off from Miru-Comelec poll venture

By Justine Xyrah Garcia

THE Commission on Elections announced on Thursday that its venture with St. Timothy Construction Corporation for the automated elections system next year is now cancelled, after the firm’s owners allegedly expressed their intent to run for public office.

In a press briefing, Comelec Chairman George Garcia gave an ultimatum to St. Timothy: either it will self-withdraw from the venture or the poll body will be compelled to disqualify them once they file their certificates of candidacy (COC), as this will pose a conflict of interest with Comelec.

“We will not allow...the integrity of our election [to] be questioned simply because one of our contracting partners will run or the owners will run for the 2025 elections. Two choices only and we

conveyed the message,” Garcia said

According to the Comelec, one of St. Timothy’s owners announced in a public interview that she will run for mayor in the city of Pasig. Comelec also received reports that the other owner will seek a national post.

It may be recalled that St. Timothy is one of the three local partners of the South Korean firm Miru System, which will provide the automated counting machines (ACMs) and other electoral peripherals for the 2025

midterm polls.

As a local partner, St. Timothy serves as a financial intermediary between Miru and the Comelec.

The construction firm helps Miru with the necessary financial backing to meet the net financial contracting capacity requirements.

“Walang problema when it comes to the technical because technical is the Miru…. To a certain extent, kung pagbabasehan lang yung mga nakaraan, it eases the burden of the commission,” Garcia said.

Last year, St. Timothy faced scrutiny in the Senate for having an expired license and ties with St. Timothy Construction Corporation, a firm that has been blacklisted by the Department of Public Works and Highway.

Safety not compromised DESPITE St. Timothy’s withdrawal, the Comelec assured the public that the safety of the elections next year is not compromised.

Hindi naman papayag ang Miru na masira ang integrity nila [Miru won’t allow a situation where their integrity is compromised].

The two remaining [local] partners will do their best to protect

their identity, integrity. We will ensure that the nation’s interest will be protected as well,” the poll chief said.

Commissioner Rey Bulay said the Comelec en banc believes that the safety features of the ACMs will be enough to secure the safety of the midterm polls next year. Hindi mo masisway ng influence yung factual simultaneous sending of results. Kung matuloy man tumakbong yun, frankly speaking i-di-[disqualify] ko ‘yun ,” Bulay explained.

[You cannot influence the factual simultaneous sending of results. If that party goes through with running, frankly speaking, I will disqualify him/her].

In a separate statement, Miru said that it will remain committed to give the “highest standards” of impartiality and integrity for the upcoming elections.

“We remain steadfast in our preparations and have already delivered substantial milestones within the contract,” the South Korean firm said. As of this writing, the owners of St. Timothy have not yet formally filed their COCs. Therefore, the Comelec cannot publicly disclose their names.

PDP Laban bets, Willie Ong file for Senate

By Bless Aubrey Ogerio

ENATORS Ronald “Bato”

SDela Rosa and Christopher Lawrence “Bong” Go marked the start of their bids for reelection in the 2025 midterm polls on the third day of filing certificates of candidacy on Thursday.

Actor Phillip Salvador, a political newcomer, will also run for Senate.

Dela Rosa, Go and Salvador are members of the Partido Demokratiko Pilipino (PDP), headed by former president Rodrigo Duterte. They filed their certificates of candidacy (COC) at the Tent City of the Manila Hotel, accompanied by party president Sen. Robinhood Padilla.

Dela Rosa, the former chief of

IN celebration of the indispensable role that educators play in shaping the nation, the Department of Education (DepEd) concluded the grand festivities of the 2024 National Teachers’ Month (NTM) at the Smart Araneta Coliseum in Quezon City on Thursday.

“Always remember the significant role our teachers play in the progress of our nation. We count on you to continue prioritizing the welfare of our students,” Education Secretary Juan Edgardo “Sonny” Angara remarked during the culminating event for this year’s National Teachers’ Day, graced by President Ferdinand “Bongbong” R. Marcos Jr. and First Lady Liza Araneta-Marcos as guests of honor.

During his 2024 State of the Nation Address, President Marcos acknowledged the critical role of teachers in the country’s educational recovery: “Sa madaling sabi, kung talagang ninanais nating maging matagumpay ang hinahangad nating pagbangon sa larangan ng edukasyon, sila, ang ating mga guro, ang dapat nating itaguyod at patatagin.”

With the theme “Togeth -

the Philippine National Police who was chief implementor of Duterte’s war on drugs, said he will keep pushing for defense and public order. He also strives to bring back the death penalty and the mandatory Reserve Officers’ Training Corps (ROTC).

“ Kung sila ay naniniwala na si Bato ay masamang tao [If they believe Bato is a bad man], then please by all means, do not vote for me,” he answered when asked if the lower House’s probe into the drug war killings would harm his election campaign.

Go, the former special assistant to President Rodrigo Duterte, is recognized for his work on infrastructure, job opportunities, and health.

He pledged that, although his

er4Teachers,” this year’s celebration shines a spotlight on the tireless dedication of Filipino educators and underscores their vital role in nation-building.

Approximately 10,000 participants were at the event, including public school teachers, education stakeholders, DepEd officials, and local government representatives from across the country.

The DepEd noted that under the Marcos Jr. administration, the DepEd has launched several initiatives aimed at uplifting and upskilling teachers. Angara noted that these efforts focus on reducing administrative burdens, ensuring fair compensation and providing essential support for educators.

Key initiatives include:

1. The ‘MATATAG Curriculum’ which allows schools to adjust class schedules to better align with teachers’ workloads.

2. The ‘Expanded Career Progression System’ designed to enhance professional development and ensure that no teacher retires at the Teacher I level.

3. A Performance Management

job as a senator entails “legislation” and “constituency,” he will not only confine himself to that.

Salvador, despite expressing support for the drug war of the past administration, he also believes that corruption is the source of crime. He is pushing for the “rehabilitation of drug addicts,” saying they deserve a second chance at reintegrating into society.

In response to those who dismiss him as a mere “actor,” he asserted that he was able to connect with the populace on a grassroots level and hear their pleas.

The first nominee of the FPJ Panday Bayanihan party-list, Brian Poe Llamanzares, filed his certificates of nomination and acceptance. Sen. Grace Poe,

Task Force to streamline performance assessments and alleviate administrative burdens.

4. Public school teachers now receive 30 days of vacation service credits, increased from 15.

5. The Updated Salary Schedule in National Budget Circular No. 594, aimed at attracting and retaining skilled educators.

6. The Teacher Effectiveness and Competencies Enhancement Project (TEACEP), in collaboration with the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM) and the World Bank (WB), focuses on improving teacher training in literacy and numeracy.

7. The ‘Kabalikat sa Pagtuturo Act’ which increases the annual teaching allowance and introduces a medical allowance for public school teachers.

8. Teachers mayclaim benefits under the Government Service Insurance System (GSIS) for work-related and non-work accidents.

9. The World Teachers’ Day Incentive Benefit which provides

his mother, accompanied him at the venue.

FPJ stands for “food, progress, and justice,” which is their cause, in addition to being the abbreviation for the late actor Fernando Poe, Jr., Grace’s father and Brian’s grandfather.

Health personality Dr. Willie Ong intends to run for the Senate, but as he is now in Singapore, his wife Liza Ong has submitted his candidacy in his place.

On September 20, he disclosed in a social media video broadcast that he is fighting cancer in his stomach. Due to his illness, Ong’s campaign will only make a few inperson appearances, according to his lawyer Gilberto Lauengco, with a strong emphasis on using social media to engage voters.

a P1,000 benefit each year on October 5 to recognize the essential role of teachers.

DepEd is implementing comprehensive policies to enhance employee welfare, including well-being initiatives, updated recognition programs, inclusive hiring practices, mental health support, accessible healthcare through PhilHealth and affordable housing solutions. Today’s celebration was established by Republic Act 10743 which declares the fifth day of October each year as National Teachers’ Day.

The National Teachers’ Day celebration, hosted by DepEd-NCR and co-led by DepEd’s External Partnerships Service (EPS), is in accordance with Republic Act No. 10743, which officially designates October 5 of each year as National Teachers’ Day.

Also present were House Speaker Ferdinand Martin Romualdez, Quezon City Mayor Joy Belmonte, and NTM Coordinating Council Chairperson and Metrobank Foundation President Aniceto Sobrepena.

The event featured a day-long program that includes raffle draws and performances from various artists and celebrities. Claudeth Mocon-Ciriaco

11.

Brief

12.

Brief

ALIBATON CONSTRUCTION INC.

Rm 3j 3rd Flr. Edificio Enriqueta Bldg., 422 N.s. Amoranto St. Cor D.

good communication and interpersonal skills.

Salary Range: Php 30,000 - Php 59,999

LI, JINGJING Mandarin Speaking Software Developer

Brief Job Description: Provide financial advice and assess financial risks. Develop sales and marketing strategy and improve financial operations.

13. NI, YANFEI

Mandarin Speaking Software Developer

Brief Job Description: Provide financial advice and assess financial risks. Develop sales and marketing strategy and improve financial operations.

14. WANG, GUIZHEN Mandarin Speaking Software Developer

Brief Job Description: Provide financial advice and assess financial risks. Develop sales and marketing strategy and improve financial operations.

15. KHURRAMOV, ABDUMUMIN System Developer Specialist

Brief Job Description: Test software systems or applications for software enhancements, writing code, debugging, and optimizing applications.

C’EST LA VIE EVENT MANAGEMENT INC. 230, Narra Street, Marikina Heights, City Of Marikina

16. GILL, JASPREET KAUR Field Sales Consultant

Brief Job Description: The one responsible to “get the sale” using various customer sales methods.

English and Chinese/Mandarin languages.

Salary Range: Php 30,000 - Php 59,999

Basic Qualification: Bachelor’s degree with experience in business management, product and research development, computer/ software training, marketing/sales, or related field. Fluent in both written and verbal English and Chinese/Mandarin languages.

Salary Range: Php 30,000 - Php 59,999

BusinessMirror

67.

68.

69. LONG, JINJIAO Sales Account Manager

Brief

70.

71. SHI, CHUNLUN Sales Account Manager

72. WANG, DAYIN Sales Account Manager

Brief Job Description: Managing

for long term success.

73. WANG, HUAIXUE Sales Account Manager

Brief Job Description: Managing accounts for long term success.

74. WU, LIANGCAI Sales Account Manager

Brief Job Description: Managing accounts for long term success.

75. YAN, JINQUAN Sales Account Manager

Brief Job Description: Managing accounts for long-term success.

76. YAO, YAJUN Senior Sales Consultant

Brief Job Description: Mentoring and coaching new starters, supporting them through the induction process.

DEXIN INTERNATIONAL IMPORT AND EXPORT CORP. 534, Tomas Mapua St., Barangay 298, Santa Cruz, City Of Manila

77. DENG, XIANG Chinese Cargo Office Agent

Brief Job Description: Prepare airline and custom documentation. Basic Qualification: Knowledgeable in Chinese documentation. Salary Range: Php

EASTERN GOLD CORPORATION 503, Nueva St., Barangay 289, Binondo, City Of Manila

78. LUO, GUOXIONG Marketing And Sales Agent

Brief Job Description: Researches and develops various marketing strategies for products and services and implements marketing plans and works to meet sales quotas.

79. SONG, YAWEN Marketing And Sales Agent

Brief Job Description: Researches and develops various marketing strategies for products and services and implements marketing plans and works to meet sales quotas.

80. XIN, DASANG Marketing And Sales Agent

Brief Job Description: Researches and develops various marketing strategies for products and services

Basic Qualification: Able to contributes information, ideas, and research to help develop marketing strategies. Able to help to detail, design, and implement marketing plans for each product or service being offered.

Salary Range: Php 30,000 - Php 59,999

Basic Qualification: Able to contributes information, ideas, and research to help develop marketing strategies.

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Monitor and supervise the production process to ensure smooth operations and optimal outcomes.

NEWCO CONSULTING PTY LTD REPRESENTATIVE OFFICE 9/f V-corporate Centre, 125 L.p. Leviste St., Bel-air, City Of Makati

131. SCANLAN, LUKE JAMES Operations Manager Of A Philippine Representative Office

Brief Job Description: Managing the daily operations of the representative office, providing expert technical support, and

ONE BORDERLINE CREATIVES INC. 32/f Alphaland Corporate Tower, Ayala Avenue Cor, Malugay St., Bel-air, City Of Makati

132. NGHIEM, BINH DUONG Foreign Marketing Specialist

SONG, SIKAI Foreign Marketing Specialist Brief

134. SHARMA, KUNAL Marketing Consultant

Brief Job Description: Responsible for providing marketing expertise to clients with standard specific to advance technology, modern approach and or competitive offer in accordance with business operation of each client.

R.R.H. FOOD GROUP INC. (QUEENS BOLLYWOOD FUEGO CAFE HOLEY MOLEY)

Level 3 Greenbelt 3, Ayala Center, San Lorenzo, City Of Makati

135. JAKHAR, VIKRAM Marketing Manager

Brief Job Description: Responsible for gathering and analyzing information to identify new markets and customers, demand for products and services and the efficacy of existing marketing campaigns and strategies.

REVON MOTION BUSINESS CONSULTANCY INC.

G/f Pmj Bldg., Evangelista Cor. Cuangco Sts., Pio Del Pilar, City Of Makati

136. LIAO, PEIWEN Mandarin Business Consultant

Brief Job Description: Helps a business owner improve his or her business operations. The overall goal of a small business consultant is to help make the company better through addressing problems and recommending solutions.

137. HU, YUEYUE Mandarin Admin Support

Brief Job Description: Performs administrative and office support.

138. HUYNH THI XUAN THO Mandarin Admin Support

Brief Job Description: Performs administrative and office support.

139. LE VAN TRINH Mandarin Admin Support

Brief Job Description: Performs administrative and office support.

Basic Qualification: College graduate, with previous work experience in a similar role and with excellent technical and communication skills.

Salary Range: Php 30,000 - Php 59,999

Basic Qualification: College graduate, fluent in Cantonese, Taiwanese, and Mandarin languages, excellent communication skills, and at least 1 year experience relevant to the position.

Salary Range: Php 30,000 - Php 59,999

Basic Qualification: College graduate, fluent in Cantonese, Taiwanese, and Mandarin languages, excellent communication skills, and at least 1 year experience relevant to the position.

Salary Range: Php 30,000 - Php 59,999

Basic

Salary Range: Php 30,000 - Php 59,999

Basic Qualification: College graduate, fluent in Cantonese, Taiwanese, and Mandarin languages, excellent communication skills, and at least 1 year experience relevant to the position.

Salary Range: Php

Israel’s ban on UN chief spurs diplomatic row, escalating tensions in Middle East

By Edith M. Lederer

The Associated Press

NITED NATIONS—

UThe United Nations on Wednesday called Israel’s ban on Secretary-General Antonio Guterres entering the country a political statement by its foreign minister and stressed that the world body’s contacts with Israel will continue “because they have to.”

UN spokesman Stephane Dujarric told reporters that Israeli Foreign Minister Israel Katz deeming the UN chief “persona non grata” is also “one more attack on the United Nations staff that we’ve seen

from the government of Israel.”

Israel’s accusations of UN bias and antisemitism date back decades, but the rift has intensified since Hamas’ October 7 attacks in the country’s south killed about 1,200 people and launched the war in Gaza. Israel’s offensive against the militant group has killed over 41,000 Palestinians, according to the Gaza Health Ministry, which does not say how many were fighters but that a little more than half were women and children.

An Israeli ground incursion in Lebanon and other attacks against Hezbollah, a Lebanese militant group also backed by Iran, and an Iranian missile

strike against Israel on Tuesday have threatened to plunge the Middle East into all-out war.

The UN Security Council held an emergency meeting Wednesday on the Middle East.

Guterres didn’t respond to a question about the ban as he headed to the meeting, where he demanded a halt to the escalation of “tit-for-tat violence” that he warned is leading people in the Middle East “straight over the cliff.”

Earlier in the day, Katz accused Guterres of being biased against Israel and claimed the UN chief never condemned the Hamas attacks and sexual violence committed by its fighters.

Dujarric strongly disagreed, saying Guterres has condemned “over and over again the terror attacks, the acts of sexual violence and other horrors that we’ve seen.”

But the Israeli government strongly objected to the secretarygeneral’s phrase in his initial condemnation that said Hamas’ attack didn’t happen “in a vacuum.”

Israel also has accused staff from the UN agency helping Palestinian refugees, called UNRWA—the key provider of assistance in Gaza, of being Hamas members and participating in the October 7 attacks and has curtailed their activities.

The UN’s internal watchdog has been investigating those Israeli

allegations. UNRWA said Monday that a top Hamas commander killed in Lebanon was an employee who had been suspended since allegations of his ties to the militant group emerged in March.

UNRWA Commissioner-General Philippe Lazzarini has accused Israel of trying to destroy its operations. The agency provides education, health care, food and other services to several million Palestinians and their families.

Guterres also has accused Israel of “collective punishment” of Palestinians in its nearly yearlong military response to the Hamas attacks in Gaza, saying he has not seen so much death

and destruction during his seven years as secretary-general.

Dujarric said that in his 24 years at the UN, there have been UN staff declared persona non grata by a country but that he didn’t know of a secretary-general being banned. He stressed that the United Nations has never recognized the concept being applied to UN staff. Under the Vienna Convention on Diplomatic Relations, the practice applies to a country declaring a diplomat persona non grata—not an international organization.

“We continue our contacts with Israel at the operational level and other levels, because we need to,” Dujarric said.

Israeli strike in Beirut killed 7 health and rescue workers

By The Associated Press

BEIRUT—An Israeli strike in the Lebanese capital Beirut killed seven health and rescue workers, an Islamic health organization said.

The airstrike in the residential Bashoura district targeted an apartment in a multi-story building that houses an office of the Health Society, a group of civilian first responders affiliated to Hezbollah.

It was the closest strike to the central downtown district of Beirut, where the United Nations and government offices are located.

It was the second airstrike to hit central Beirut this week and the second to directly target the Health Society in 24 hours. No Israeli warning was issued to the area before it was hit. The Israeli military did not immediately respond to a request for comment on the strike in central Beirut or the allegations it used phosphorous bombs.

Israel has mostly concentrated its airstrikes in south and eastern Lebanon, as well as the southern suburbs of Beirut where Hezbollah has a strong presence, but its attacks have spanned the entire country and killed many civilians.

Beirut’s southern suburbs also saw heavy bombardment overnight in areas where the Israeli army had earlier issued a warning online for residents to evacuate.

The strike came as Israel was pursuing a ground incursion into Lebanon against Hezbollah, while also conducting strikes in Gaza that killed dozens, including children. The Israeli military said eight soldiers have died in the conflict in southern Lebanon.

Israel and Hezbollah have traded fire across the Lebanon border almost daily since the day after Hamas’ cross-border attack on October 7, 2023, which killed 1,200 Israelis and took 250 others hostage. Israel declared war on the militant group in the Gaza Strip in response. More than 41,000 Palestinians have been killed in the territory, and just over half the dead have been women and children, according to local health officials.

Israel’s UN ambassador calls Iran a ‘danger to the world’

UNITED NATIONS—Israel’s UN ambassador said Wednesday that “the time for empty calls for deescalation is over.”

Danny Danon told an emergency meeting of the UN Security Council that “Iran’s true face is one of terror, death and chaos.”

“This is no longer a matter of words,” he said. “Iran is a very real and present danger to the world, and if they are not stopped, the next wave of missiles will not be aimed solely at Israel,” he said.

He called Iran’s missile barrage aimed at Israel on Tuesday “a coldblooded attack against 10 million civilians” and “an unprecedented act of aggression.”

Danon stressed that Israel will not stop until all of the hostages taken by Hamas and other militants are back in Israel.

“Let the world understand: Israel will defend itself, and we will do so with justice and strength,” he said.

Iran’s UN ambassador says Iran has ‘consistently pursued peace and stability’

UNITED NATIONS—Iran’s UN ambassador says Iran had to launch a barrage of missiles at Israel to “restore balance” after escalating Israeli violence in the region.

Amir Saeid Iravani told an emergency meeting of the UN Security Council on Wednesday that the missile attack Tuesday was “a necessary and proportionate response to Israel’s continued terrorist aggressive acts over the past two months.”

He says Iran has “consistently pursued peace and stability” and that Israel sees Iranian restraint “not as a gesture of goodwill but as a weakness to exploit.”

“Each act of restraint taken by Iran has only emboldened Israel to commit greater crimes and more acts of aggression,” Iravani said. “Consequently, Iran’s response was necessary to restore balance and deterrence.”

He also accused the United States of complicity “in Israel’s crimes” by helping to arm the nation after the October 7 attacks by Hamas in southern Israel.

UK plans more evacuation flights

NICOSIA, Cyprus—The British government chartered more flights to help U.K. nationals leave Lebanon, a day after an evacuation flight left Beirut.

The government said in a statement that the flights will continue as “long as the security situation allows” and that it’s working to increase capacity on commercial

flights for British nationals.

UK Defense Secretary John Healey on Wednesday visited a British military base on Cyprus where around 700 troops, Foreign Office staff and Border Force officers have been deployed to a British military base in Cyprus to help with evacuation plans.

British nationals and their spouses, partners and children under the age of 18 are eligible. Dependents who aren’t British nationals will need a valid visa granting a maximum six-month stay in the U.K.

Japan readies military jets for evacuations

TOKYO—Japan on Thursday dispatched two Self Defense Force planes to prepare for a possible airlift of Japanese citizens from Lebanon.

Two C-2 transport aircraft are expected to arrive in Jordan and Greece on Friday, Japan NHK national television reported.

Chief Cabinet Secretary Yoshimasa Hayashi told reporters that there has been no report of injury involving the about 50 Japanese nationals in Lebanon.

Japan dispatched SDF aircraft in October and November 2023 to evacuate more than 100 Japanese and South Korean citizens from Israel.

Australia plans evacuation flights from Lebanon

SYDNEY—Australian Foreign Minister Penny Wong said on Thursday her government had booked 500 seats on commercial aircraft for Australian citizens, permanent residents and their families to leave Lebanon on Saturday.

The seats are available to 1,700 Australians and their families known to be in Lebanon on two flights from Beirut to Cyprus, Wong said.

“What I would say to Australians who wish to leave, please take whatever option is available to you,” Wong told reporters in Geelong, Australia.

“Please do not wait for your preferred route,” she added.

Russian glide bomb hits apartment block in Kharkiv, injuring dozens

By Hanna Arhirova The Associated Press

KYIV, Ukraine—A Russian glide bomb struck a five-story apartment block in Kharkiv, Ukraine’s second-largest city, injuring at least 12 people including a 3-year-old girl, local officials said Thursday.

The bomb hit between the third and fourth floors of the building on Wednesday night, igniting blazes, Kharkiv regional Gov. Oleh Syniehubov said. Firefighters searched for survivors through smoke and rubble.

The city of Kharkiv, located around 30 kilometers (18 miles) from the Russian border, has been a frequent target of aerial attacks throughout the war against Russia that is now deep into its third year.

Glide bombs have become an increasingly common weapon in the war. They have terrorized civilians and bludgeoned the Ukrainian army’s front-line defenses.

They were a key weapon in Russia’s capture of the tactically significant town of Vuhledar on Wednesday, as Russian forces wreak destruction on the eastern Donetsk region and force weary Ukrainian troops to withdraw from obliterated towns and villages.

Ukraine has no effective countermeasure for glide bombs, which are launched

from Russian aircraft inside Russia.

Ukraine President Volodymyr Zelenskyy said the latest Kharkiv attack highlighted the urgent need for increased support from Ukraine’s Western allies. Zelenskyy recently held talks with officials in the United States in an effort to ensure further Western military support. Russia has had the battlefield initiative since late last year, when a Ukrainian counteroffensive petered out. Ukraine is grappling with a critical manpower problem on the front line and is straining to hold back Russia’s grinding assaults.

Though Russia’s battlefield gains have been incremental, its steady forward movement is adding up as the Ukrainians are pushed backward and yield ground. Both sides have kept up regular crossborder aerial attacks, usually at night. Ukraine’s air force said Thursday that 78 out of 105 Shahed drones launched by Russia overnight were destroyed on Thursday as 15 regions of the country came under attack. The Russian military, meanwhile, intercepted 113 Ukrainian drones overnight, according to a statement by the Defense Ministry in Moscow. The drones were destroyed over four Russian regions on the border with Ukraine —Belgorod, Bryansk, Kursk and Voronezh, it said.

Singapore’s image tarnished: Former minister jailed for accepting illegal gifts

KUALA LUMPUR, Malaysia—A former Singaporean Cabinet minister was sentenced Thursday to a year in prison after he pleaded guilty to charges of receiving illegal gifts, in a rare criminal case involving a minister in the Asian financial hub.

Former Transport Minister S. Iswaran had pleaded guilty last week to one count of obstructing justice and four of accepting gifts from people with whom he had official business. He was the first minister to be charged and imprisoned in nearly half a century.

Justice Vincent Hoong, in his ruling, said holders of high office “must be expected to avoid any perception that they are susceptible to influence by pecuniary benefits.”

The court approved Iswaran’s request to delay the start of his sentence to Monday, Channel News Asia reported. He remains out on bail for now. It is unclear if he will appeal the sentence.

Iswaran was initially charged with 35 counts, but prosecutors proceeded with only five, while reducing two counts of corruption to receiving illegal gifts. Prosecutors said they will apply for the remaining 30 charges to be taken into consideration for sentencing. No reasons were given for the move.

Iswaran received gifts worth over 74,000 Singapore dollars ($57,000) from Ong Beng Seng, a Singapore-based Malaysian property tycoon, and businessperson Lum Kok Seng. The gifts included tickets to Singapore’s Formula 1 race, wine and whisky and a luxury Brompton bike. Ong owns the right to the local F1 race, and Iswaran was chair of and later adviser to the Grand Prix’s steering committee. AP

“I am of the view that it is appropriate to impose a sentence in excess of both parties’ positions,” Hoong said as he handed down a total of 12 months imprisonment for the five charges. The defense had asked for no more than eight weeks in prison, while the prosecution had pushed for six to seven months imprisonment.

CISA chief reassures Americans: Election systems secure, outcome can be trusted

By Christina A. Cassidy & Ali Swenson The Associated Press

WASHINGTON—Nearly a month out from Election Day, the head of the nation’s cybersecurity agency is forcefully reassuring Americans who have been swept into the chaotic churn of election disinformation and distrust that they will be able to feel confident in the outcome.

State and local election officials have made so much progress in securing voting, ballot-counting and other election infrastructure that the system is more robust than it has ever been, said Jen Easterly, director of the US Cybersecurity and Infrastructure Security Agency. As a result, she said, there is no way Russia, Iran or any other foreign adversary will be able to alter the results.

“Malicious actors, even if they tried, could not have an impact at scale such that there would be a material effect on the outcome of the election,” Easterly told The Associated Press in an interview Wednesday.

Easterly’s trust in the election process comes as intelligence officials have warned of escalating efforts by foreign adversaries to influence voters, deepen partisan divides and undermine faith in US elections.

Her comments stand in contrast to the doubts millions of Americans,

especially Republicans, have held since the 2020 election when former President Donald Trump refused to accept his loss. He has built on his false claims of vote rigging since then, setting the stage to claim the election has been stolen if he loses again this November.

Easterly touched on a range of election-related concerns—including misinformation, her agency’s role in interacting with social media companies and ongoing threats to election workers—during the 40-minute interview, which came as mail ballots are being sent out and some states have started early in-person voting. She also said her agency is in touch with election officials throughout the regions of the Southeast that have been ravaged by Hurricane Helene, and praised those workers for “displaying enormous and admirable resilience” as they try to ensure that voters are able to cast their ballots despite the devastation.

Recognizing that many Americans’ confidence in elections “has been shaken,” Easterly emphasized how prepared election officials are for emergencies, simple mistakes and attacks—and how motivated they are to protect Americans’ votes.

Election officials have worked in recent years to boost cybersecurity defenses around the nation’s voting systems, implementing procedures ranging from access controls to regular testing to identify potential vulnerabilities. Officials also test voting equipment before every election to ensure it works properly.

Easterly pointed to layers of security and transparency—such as the paper record of votes in more than 97 percent of voting jurisdictions—as protections that will help verify the results.

“Things will go wrong. There could be another storm. There could be a ransomware attack, a distributed denial of service attack,” she said. “These disruptions will create

effects, but they will not impact the ability and the votes being cast or those votes being counted.”

US officials have spent recent months warning through criminal charges, sanctions and public advisories that foreign adversaries are ramping up their efforts to influence voters in the race for the White House.

The Biden administration last month seized more than two dozen Kremlin-run fake websites and charged two Russian state media employees in a scheme to covertly fund right-wing influencers. Last week, three Iranian operatives were charged with hacking Trump’s campaign.

Intelligence agencies and tech companies have tracked both Russian and Iranian actors using fake websites and social media profiles to spread misinformation, stoke division and potentially sway American voters. Iran and Russia have sought to influence past US elections

Filipino, Palestinian, Mozambican activists given human rights award

STOCKHOLM—The Right

Livelihood Award was awarded Thursday to three activists from the Philippines, the Palestinian territories, and Mozambique and to a UK pioneering research agency who “have each made a profound impact on their communities and the global stage.”

“Their unwavering commitment to speaking out against forces of oppression and exploitation, while strictly adhering to non-violent methods, resonates far beyond their communities,” the Stockholm-based foundation said about the laureates. It considered 176 nominees from 72 countries this year.

In the Philippines, Indigenous activist Joan Carling was cited “for raising Indigenous voices in the face of the global ecological breakdown and her leadership in defending people, lands and culture.”

Issa Amro, a human rights activist in the occupied West Bank and his group, Youth Against Settlements, were awarded the prize “for their steadfast non-violent resistance to Israel’s illegal occupation, promoting Palestinian civic action through peaceful means.”

Livelihood Award honors efforts that the prize founder, SwedishGerman philanthropist Jakob von Uexkull, felt were being ignored by the Nobel Prizes. To date, 198 laureates from 77 countries have received the distinction.

“The 2024 laureates demonstrate the power of non-violent resistance and truth-telling, placing decisionmaking into the hands of local communities,” said Ole von Uexkull, the nephew of the prize founder and the organization’s executive director.

through online disinformation and hacking. Easterly noted that China also was “very interested” in influencing the 2024 election.

Beyond the influence campaigns, she said her agency had not detected any activity targeting election systems.

“We have not seen specific cyber activity designed to interfere with actual election infrastructure or processes,” Easterly said.

The prevalence of election misinformation has become a widespread concern. One consequence is what Easterly described as a troubling uptick in physical threats against election officials of both parties and, in some cases, their families, often based on false claims about the 2020 election. She called it “corrosive” to democracy and said it’s something the public needs to collectively fight.

“Those election officials, they are not faceless bureaucrats,” Easterly said. “They’re folks we see in the community every single day. And they’re not doing this for pay. They’re not doing it for glory. They are doing it because they believe in the process of democracy.”

Many secretaries of state and some larger local election offices have established specific efforts to combat the misinformation.

US Sen. Mark Warner of Virginia, a Democrat who leads the Senate Intelligence Committee, last week wrote a letter to Easterly that urged the agency to take further steps against election misinformation and disinformation, including coordinating with social media platforms to combat false claims.

In the interview, Easterly acknowledged “a very convoluted, very confusing information environment,” and said her agency

By Didi Tang The Associated Press

Wworks with election officials to promote accurate information. However, she also made it clear that her agency does not monitor social media sites or attempt to moderate their content.

“That is not our role,” she said.

On the heels of Trump’s running mate, Sen. JD Vance, accusing the federal government of “censorship” in Tuesday night’s debate between the vice presidential candidates, Easterly strongly defended her agency, known as CISA.

“CISA does not censor, has never censored,” she said. “And allegations against CISA are riddled with factual inaccuracies.”

CISA, along with other federal agencies, was part of a lawsuit filed by Republican-led states claiming the federal government had applied “unrelenting pressure” to coerce changes in online content on social media platforms. In a 6-3 vote, the US Supreme Court said the states did not have a legal right to sue.

Easterly encouraged voters who question how elections are run to contact their local election office and even volunteer to serve as poll workers so they understand the process and the safeguards already in place. She also warned that foreign adversaries almost certainly will seek to take advantage of the votecounting process after Election Day as a way to undermine confidence in the results. She urged voters to be patient, emphasizing that it could take several days for a presidential winner to be determined.

“We need to come together as Americans to protect and preserve what is most precious,” she said. “And that is the foundation of our democracy—fair, free, safe and secure elections.”

US bans imports from Chinese companies accused of using forced labor in Xinjiang Japan hopes to improve relations with China following congratulatory message from Beijing

By Mari Yamaguchi The Associated Press

Based at University of London, Forensic Architecture was cited “for pioneering digital forensic methods to ensure justice and accountability for victims and survivors of human and environmental rights violations.”

Created in 1980, the annual Right

Anabela Lemos, a Mozambican environmental activist and director of Justiça Ambiental!, was honored for “empowering communities to stand up for their right to say no to exploitative mega-projects and demand environmental justice.” It is the first time the award went to Mozambique.

Previous winners include Ukrainian human rights defender Oleksandra Matviichuk, Congolese surgeon Denis Mukwege and Swedish climate activist Greta Thunberg. Matviichuk and Mukwege received the Nobel Peace Prize in 2022 and 2018, respectively.

The 2024 laureates will be given their awards on December 4 in Stockholm. The size of the prize amount was not announced. The foundation said that “the award comes with long-term support to highlight and expand laureates’ work.”

ASHINGTON—The Department of Homeland Security announced Wednesday that it would ban the import of goods from a Chinese steel manufacturer and a Chinese maker of artificial sweetener, accusing both of being involved in the use of forced labor from China’s far-west region of Xinjiang.

The action broadens the scope of the US effort to counter products from entering the country that the government says are tied to human rights abuses.

The additions to the entity list under the Uyghur Forced Labor Prevention Act marks the first time a China-based steel company or aspartame sweetener business have been targeted by US law enforcement, DHS said.

“Today’s actions reaffirm our commitment to eliminating forced labor from US supply chains and upholding our values of human rights for all,” said Robert Silvers, undersecretary of Homeland Security for policy. “No sector is off-limits. We will continue to identify entities across industries and hold accountable those who seek to profit from exploitation and abuse.”

Enforcement of the law initially targeted solar products, tomatoes, cotton and apparel, but over the last several months, the US government has identified new sectors for enforcement, including aluminum and seafood.

“That’s just a reflection of the fact that sadly, forced labor continues to taint all too many supply chains,” Silvers told a trade group in June when marking the two-year anniversary of the creation of the entity list. “So our enforcement net has actually been quite wide from an industry-sector perspective.”

He said the law “changed the dynamic in terms of putting the onus on importers to know their own supply chains” and that its enforcement had showed that the US could “do the right thing” without halting normal trade.

Since June 2022, the entity list has grown to a total of 75 companies accused of using forced labor in Xinjiang or sourcing materials tied to that forced labor, Homeland Security said.

Baowu Group Xinjiang Bayi Iron and Steel Co. Ltd and

Guanghui Food Ingredients Co. Ltd. were the Chinese companies

The federal law that President Joe Biden signed at the end of 2021 followed allegations of human rights abuses by Beijing against members of the ethnic Uyghur group and other Muslim minorities in Xinjiang. The Chinese government has refuted the claims as lies and defended its practice and policy in Xinjiang as fighting terror and ensuring stability. The new approach marked a shift in the US trade relationship with China to increasingly take into account national security and human rights. Beijing has accused the US of using human rights as a pretext to suppress China’s economic growth.

added to the list.

THE Right Livelihood Awards are presented by Ole von Uexkull, CEO and member of the jury, during a news conference at Culture House in Stockholm, Sweden on September 29, 2022. JESSICA

NEWS AGENCY VIA AP

Talent shortage stifles PHL semiconductor growth: An urgent call for STEM investment

THE Philippine semiconductor industry, while a significant player in global assembly, testing, and packaging, faces a critical hurdle: a severe shortage of skilled workers. This talent gap, as highlighted by former Intel executive Glenn Kiro and corroborated by Oxford Economics, is stifling the growth of a sector poised for explosive expansion. The industry’s tepid growth, reflected in declining electronics exports, underscores the urgency of addressing this issue. (Read the BusinessMirror story: “Talent shortage besets semiconductor industry,” October 1, 2024).

The problem isn’t a lack of potential. The global semiconductor market is booming, projected to reach over $2 trillion by 2032. The Philippines, recognized by the US as a key player, has the opportunity to significantly increase its share of this lucrative market. However, realizing this potential hinges on a fundamental shift in approach: a massive investment in Science, Technology, Engineering, and Mathematics (STEM) education.

PISA scores paint a stark picture. The Philippines’ dismal ranking in mathematics and science highlights a critical weakness in the nation’s educational system. This is not merely an academic concern; it’s a direct impediment to economic growth. The lack of a robust STEM pipeline means the country is unable to supply the skilled workforce needed to attract and retain semiconductor companies. Developed nations are actively vying for these companies by providing incentives and advanced infrastructure. The Philippines faces the risk of falling behind if it does not promptly enhance its STEM capabilities.

The solution requires a concerted, multi-pronged approach. Mr. Kiro rightly emphasizes the need for government and private sector collaboration. This includes increased funding for STEM programs, improved curriculum development to better equip students for the demands of the industry, and initiatives to inspire young Filipinos to pursue STEM careers.

The recent triumph of the Technological University of the Philippines in a nationwide contest for integrated circuit and semiconductor designs signals a bright future, showcasing the remarkable talent and potential that exist within the country. Nonetheless, this achievement merely scratches the surface. To fully capitalize on the semiconductor boom, both the government and private sector must jointly make a sustained, enduring effort to help improve our STEM education and cultivate a strong pool of skilled workers.

Furthermore, the Philippines needs a more proactive approach to marketing its capabilities to foreign investors. Highlighting successes and fostering collaboration with international companies are crucial steps. The $500 million earmarked by the US under the CHIPS and Science Act presents a significant opportunity, but securing a larger share requires a demonstrable commitment to developing a skilled workforce.

It is undeniable that the future of the Philippine semiconductor industry is inextricably linked to the quality of our STEM education. Addressing the talent shortage is not merely a matter of economic competitiveness; it’s about securing the nation’s future prosperity. Failure to invest heavily in STEM education will condemn the Philippines to remain on the periphery of this transformative technological revolution, leaving untapped billions in potential revenue and countless opportunities for Filipino workers unrealized.

BusinessMirror

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BusinessMirror is published daily by the Philippine Business Daily Mirror Publishing, Inc., with offices on the 3rd floor of Dominga Building III 2113 Chino Roces Avenue corner De La Rosa Street, Makati City, Philippines. Tel. Nos. (Editorial) 817-9467; 813-0725. Fax line: 813-7025. (Advertising Sales) 893-2019; 817-1351, 817-2807. (Circulation) 893-1662; 814-0134 to 36. E-mail: news.businessmirror@gmail.com www.news.businessmirror@gmail.com

by brown madonna Press, Inc.–Sun Valley

Coco Chanel’s

phoenixlike success

FEw could embody the phrase “phoenix rising from the ashes” like Gabrielle “Coco” Chanel. In 1954, Chanel, at the age of 71, relaunched her career and her brand in the fashion world after a 15-year hiatus marked by personal and business challenges.

Her return was remarkable, given the controversies surrounding her actions during World War II, when she faced scrutiny for her associations with Nazi officials during the German occupation of France.

Chanel’s life was replete with struggle, survival and success. Born on August 19, 1883 to street vendor Albert Chanel and Jeanne Devolle, she lived in a one-bedroom house with her parents and five siblings.

Her mother died at the age of 32 when she was 11, prompting her father to put all daughters in an orphanage run by the Congregation of the Sacred Heart of Mary in Auba-

Azine, France. Despite the frugal way of life in the orphanage, Chanel’s stay there was a stroke of luck. There, Chanel learned how to sew and developed her love for creations, matched with the strict discipline demanded by the nuns who ran the orphanage, which would later prove invaluable.

When she turned 18, Chanel left the orphanage and lived in a boarding house in Moulins, where she worked as a seamstress. She aspired to become an entertainer but dropped the idea, as her voice was nothing extraordinary.

At 23, Chanel became a mistress

In 1954, Chanel returned to France to re-establish her brand at the age of 71. Ordinary mortals would have opted for a quiet retirement at that age rather than trying to restore a severely damaged image—but Chanel was not an ordinary person. She wanted to reclaim her rightful place in the fashion world. That’s a lot of grit for a septuagenarian.

to wealthy French textile heir Etienne Balsan. She embraced the transformation—from hoi polloi to being the mistress of the chateau.

In 1908, Chanel met one of Balsan’s friends, Boy Capel, an English aristocrat with whom she fell madly in love. Unlike Balsan who was married when they had an affair, Capel was a dashing bachelor with money to burn.

Capel got Chanel an apartment in Paris, which she also used as a shop to sell hats, having been licensed as a milliner in 1910. This is also the address all Chanel lovers know— 31 Rue Cambon. Her business was a roaring success, which allowed her to return the initial investment made by Capel.

Chanel had her fair share of heartbreaks. The first was when Capel married somebody else in 1918, although their affair continued. The second was when Capel died in a car accident the following

year while on his way to see Chanel in Paris. Despite her personal struggles, her business went from strength to strength, and in 1921, she launched her first perfume, Chanel No. 5, which the wealthy French women snapped up. Her business was a huge success, having at some point 4,000 employees putting together clothes, fashion accessories and handbags. Then World War II happened, prompting Chanel to shut down her business in 1939. It was during this time that Chanel made several moral, emotional and business mistakes. When France was under German occupation in 1940, Chanel had a relationship with Hans-Gunther von Dinklage, the German diplomatic attache to Paris. They lived together at the Hotel Ritz, which was the preferred abode of high-ranking Nazi military officers. Chanel’s associations with Walter Schellenberg, who headed the internal security force within Nazi Germany and Western Europe, didn’t help either. When the war ended, people started to question Chanel’s collaboration with the Nazis—and she was imprisoned briefly. Charges against her were dropped eventually.

Chanel left France and headed with her German lover Von Dincklage to Switzerland in 1945 when she was 62. The house of Chanel contin-

See “Fetalino,” A13

Dennis Gorecho

Pinoy Marino Rights

HOLdEr of an active Seafarer’s record Book (SrB) and Seafarer’s Identity document (SId) is not a seafarer in between contracts, according to the

President Ferdinand R. Marcos Jr. signed last September 23, 2024 into law the Magna Carta.

Under Section 6 (Definition of Terms), an “overseas seafarer” refers to a seafarer who has been engaged, employed, or who works in any capacity on board a ship or vessel plying international waters, whether Philippine-registered or foreignregistered.

It added that an overseas seafarer is deemed “engaged” as such if he/ she has signed a valid employment contract and is already at the point of hire for his/her departure.

The same phrases appeared in the Section 4 (Coverage) section, which states, “This Act shall cover Filipino seafarers who are engaged, employed, or who work in any capacity onboard a ship or vessel plying international waters, whether Philippine-registered or foreignregistered. This Act shall likewise include Filipino cadets in accordance with the provisions of Chapter XVIII (Education and Training of Seafarers and Cadets). This Act shall not cover Filipino seafarers on board the following categories of ships: (a) Warships and naval auxiliaries; (b)

Legislative bodies are allowed to classify the subjects of legislation. If the classification is reasonable, the law may operate only on some and not all of the people without violating the equal protection clause. The classification must, as an indispensable requisite, not be arbitrary.

Government ships not engaged in commercial operations; (c) Ships of traditional build, as may be defined under existing rules and regulations; and (d) Fishing vessels.

During the deliberation of Magna Carta version at the Senate, Senator Risa Hontiveros proposed that the phrase “to be engaged” should be added in the coverage and definition sections.

She argued that the law should also cover those “to be employed/ engaged” as not all seafarers are actively employed all the time.

There are those who are in between contracts, still applying for work, undergoing training, recently

repatriated due to contract termination or other causes, or are simply on vacation.

“To be employed” is used under the Amended Migrant Workers and Overseas Filipinos Act (AMWA) or R.A. No. 10022 in defining an “Overseas Filipino worker,” including seafarers.

Legislative bodies are allowed to classify the subje cts of legislation. If the classification is reasonable, the law may operate only on some and not all of the people without violating the equal protection clause. The classification must, as an indispensable requisite, not be arbitrary.

To be valid, it must conform to the following requirements: (1) It must be based on substantial distinctions; (2) It must be germane to the purposes of the law; (3) It must not be limited to existing conditions only and (4) It must apply equally to all members of the class. (People vs. Cayat, G.R. No. L-45987, May 5, 1939). The law must not be limited to existing conditions only and it must apply equally to all members of the See “Gorecho,” A13

Magna Carta of Filipino Seafarers.

Antonio L. Cabangon Chua

CIA boosts China recruiting effort to exploit discontent with President Xi

By Peter Martin

The Central Intelligence Agency is boosting its efforts to recruit Chinese citizens as it seeks to capitalize on what US officials say is growing discontent with President Xi Jinping’s rule.

The agency issued Chinese-language instructions on Instagram, Facebook, LinkedIn, YouTube, Telegram, and X on Wednesday, detailing how individuals can securely contact it on its public and dark web sites.

“There are plenty of people who have access to information and who are disaffected from the Xi regime in China,” CIA Deputy Director David Cohen said in an interview.

“You’ve got people inside who see what’s happening, and for lots of different motivations fundamentally do not like the direction that Xi is taking the country and understand that there’s a path to helping their own country by working with us,” Cohen said.

The online push comes as Xi has consolidated power over a fifth of humanity to a degree unseen in decades, abolishing presidential term limits, packing the leadership with close allies, forcing bankers to study Xi Jinping Thought and silencing dissent. The nation also went through years of harsh CovidZero rules, which continue to leave a scarring effect on the economy.

China’s slowdown has contributed to an uptick in protests.

The US has struggled to gain insights into the workings of the Chinese government, with the Biden administration consistently frustrated by the lack of top-tier intelligence on Xi’s inner circle. As China becomes more opaque, the need for insights into Xi’s decision-making is growing, especially as tensions with Washington heat up over issues like Taiwan and advanced technology.

The CIA and other US intelligence agencies have faced questions about their broader collection capabilities in China. The New York Times in 2017 reported that Beijing had broken up CIA spying operations in the country over several years.

China has also ramped up efforts in recent years to warn the public, government workers and even university students about foreign espionage efforts. It has gone so far as to crack down on weather data getting into the hands of people outside the nation.

Russian efforts

T HE latest recruitment push in China echoes the CIA’s effort in Russia in the months after Moscow’s 2022 invasion of Ukraine. That drive publicized Russian-language instructions on how to contact the agency through the dark web and saw CIA produce videos encouraging Russians to volunteer information.

A CIA spokesperson, who asked not to be identified, said its efforts have been successful in Russia. The

ued to snooze for almost 15 years after she closed it in 1939. In 1954, Chanel returned to France to re-establish her brand at the age of 71. Ordinary mortals would have opted for a quiet retirement at that age rather than trying to restore a severely damaged image —but Chanel was not an ordinary person. She wanted to reclaim her rightful place in the fashion world. That’s a lot of grit for a septuagenarian.

In February 1955, Chanel relaunched her first bag, which featured a metal shoulder strap, a double flap with maroon leather lining based on the color of the uniform she wore in the orphanage, a zippered secret pocket for love letters, and exte -

Somewhere, October moons

‘TThe online push comes as Xi has consolidated power over a fifth of humanity to a degree unseen in decades, abolishing presidential term limits, packing the leadership with close allies, forcing bankers to study Xi Jinping Thought and silencing dissent. The nation also went through years of harsh Covid-Zero rules, which continue to leave a scarring effect on the economy. China’s slowdown has contributed to an uptick in protests.

agency wants individuals in other authoritarian regimes to know it’s open for business. It also posted instructions in Korean and Farsi in a bid to recruit potential informants in North Korea and Iran.

The agency’s promotion of its website on the dark web is also part of an attempt to sidestep the ubiquitous surveillance that has frustrated its attempts in recent years to develop sources who can provide insights into China’s political system.

“China is a techno-authoritarian country,” Cohen said. “There’s an extraordinary amount of scrutiny, not just on our officers or Westerners who happen to be in China.”

The dark web is part of the Internet that can’t be indexed by search engines and can be accessed only by specific browsers that allow anonymous activity.

Cohen said the CIA is continuing efforts to bolster recruitment of Chinese nationals who leave their country, including through Cold War-style walk-ins at US embassies overseas.

The recruitment effort is supported by a growing cadre of CIA China experts around the world, Cohen added, comparing this shift to the US’s cultivation of Soviet experts during the Cold War.

“We are using that same model of ensuring that we are deploying capable officers that are trained both in language and their expertise,” Cohen said. “We want to ensure that they’re not all sitting at headquarters, that they are out in the field.”

Those officers can also develop relationships with friendly foreign governments, Cohen said, helping to warn them of what the US sees as potential threats from Beijing.

The US is “in competition across the board” with China, Cohen said. “We’re competing across all regions from Europe to Africa, Latin America, to the Arctic and the Antarctic.” With assistance from Jamie Tarabay / Bloomberg

rior diamond quilting. Other leather goods were also launched that year. She introduced the men’s fragrance Pour Monsieur. Blended by Henri Robert, Pour Monsieur is a woody, citrus scent praised for refinement.

In 1957, a bi-color pair of shoes hit the shelves of Chanel stores, which to this day remains a classic. In the 1960s, Chanel’s revival was at its all-time high. Hollywood stars such as Elizabeth Taylor and Jane Fonda wore her pieces, and Jackie Kennedy was a big fan of Chanel tweed suits and dresses.

Fashion magazines were all praises for Chanel’s creations, and her comeback to the fashion world was like Phoenix rising from the ashes.

Chanel’s triumphant return is a reminder that it is never too late to pursue one’s dreams. Chanel died in 1971 at the age of 88.

Tito Genova Valiente annoTaTions

he earth may have another moon,” was my translation of the news that flashed from my laptop. I was explaining to myself the science news I lifted from many online sites. Was I not worried I might oversimplify the complexity of this development up there? even the notion of “up there” has been watered down already by the physicality of my existence.

There was another person in my mind why during the last days of September the news of an extra moon concerned me as much as the regular earthbound developments in our communities. My grandmother Emilia was my go-to private audience for cosmic updates. We both were interested in these things: the colors of the horizon during sunset; the forms of clouds in the sky; the comets; earthquakes; typhoons and floods. While my father would go the extra length of waking us up when huge comets appeared in the late 60s and 70s, his curiosity was closer to the science in classrooms. He interested us in these matters. He took advantage of the unusual structure of our old house in the old city—an extended awning that was so firm it could carry chairs on it. Up there, at night, he would point to us constellations. These sessions would be supplemented by mythologies that even kept alive what could have been a cursory viewing of formations out there.

My grandmother, however, was a keen consumer of the incredible scientific developments. Outside of her more mundane actions in the house, i.e., overseeing the cleanliness in our home, which included running her fingers along balustrades and windowpanes to make sure there were no dust and specks, she was a believer of the fantastic, the unbelievable, the impossible. She was guided by old tales and whether she admitted it or not, her childhood could have been an experience with prescience, almanacs, and what others would term now as proto-science. And then there was, of course, the Bible.

It was from my grandmother that I heard this wonderment when the first man landed on the moon and walked on the surface of that extraterrestrial body. Even now, when the moon is full,

most needling, inquisition: “Surely, there would be some effects now of that moon on us after we have tampered (“ginlabotan” was the word in our dialect that she used then) with or touched the moon.

You may call her reasoning simplistic but as a young boy, that began my discourse about the heavens, galaxies, dark holes and dying stars.

My grandmother and I became conspirators against those who took in what the scientists were constantly proposing, information and supposed discoveries that they were seemingly mandated to impose upon us. In a way, my grandmother taught me to question things, to be radical about truths even if it meant coming across as arrogantly ignorant. Much, much later on, I would stumble upon a wild version of this inquisitiveness

most a sordid private joke between us when she asked how long the bad weather would last. “Lola, forty days and forty nights.” If she were playing Solitaire, she slowly would look up from where she was slumped— the floor that she made sure was smooth and clean—and, with all the restraint, muttered: let’s ask for Noe and his Ark. If I turned around, and I always did, there would be her eyes glistening and that smile of hers, a gleeful repartee to our regular solicitude.

Now this extra moon! Were my grandmother still alive, what would have been her response? What assumptions would she have presented to me? What theories? What saints to be invoked? What oraciones to embrace?

and I look up, there is less romance in my perception of that yellow thing over there in the distance. Instead of love, I have in me knowledge (which is, after all, love) propounded by my grandmother and her persistent, al-

and that is the reality of simple questions being more difficult or as complicated as the complex inquiries.

And so it was that when the newspaper came and the weather report announced rainy days, it became al-

In some of the scientific press releases as what this site called space.com says: A new moon will be captured. Overnight, the appearance of another moon has been reclassified into a conquest. Oh human beings, how we prefer the bellicose from the benign. But even in dire accounts, there is a moon for the misbegotten. My being non-scientific has pushed me to notice some other ways of seeing, some other courses of faith. This time, the surplus moon has been identified as an asteroid. It has been given a name, 2024 PT5. It also has been described as a “visiting moon.” True to its trope, this moon shall not stay long with us; in fact, its distance from the Earth is greater than our original, beloved Moon, so that only scientists aided by their technologies will be able to see it. As for us, we can only imagine this moon. Be that as it may, 2024 PT5, I suppose, will never be immortalized by any composer. There shall be no songs like “Moonlight Becomes You” or “That old Devil Moon” or “Full Moon and Empty Arms.” But why not? “2024 PT5 Piano Sonata No. 15 in C-sharp Minor” sounds promising, doesn’t it?

E-mail: titovaliente@yahoo.com

Vietnam opposes alleged ‘brutal’ Chinese attack on fishing boat

By Nguyen Dieu Tu Uyen

VIeTnAm accused Chinese law enforcement of a “brutal” attack on a Vietnamese fishing vessel Sunday that threatened the lives of crewmembers in disputed waters of the South China Sea.

An alleged attack by Chinese law enforcement authorities on a Vietnamese fishing vessel from the central province of Quang Ngai resulted in injuries to 10 crewmen, including three that suffered broken bones, state media Tien Phong newspaper reported.

China’s Foreign Ministry didn’t respond to a request for comment sent on a public holiday in Beijing. The ministry, without specifically referring to the incident, said on Tuesday Vietnamese vessels illegally fished in the waters of the Paracel

. . continued from A12

class. The class refers to all seafarers, whether employed or not. In fact, several provisions intend to include even those not “engaged, employed, or working.” The Magna Carta is less effective due to the noninclusion of those “to be engaged.”

These include sections on (a) Right to Self-Organization, and to Collective Bargaining (Section 8); (b) Right to Educational Advancement and Training at Reasonable and Affordable Costs (Section 9); (c) Right to Information (Section 10); (d) Right to Consultation (Section 13); (e) Right against Discrimination (Section 14); and (f) Discrimination Against

Islands without China’s permission and Chinese authorities took measures to stop them, Reuters reported.

The attackers were accused of seizing about four tons of seafood and smashing and removing equipment from the boat, according to Tien Phong. Losses are estimated at 500 million dong ($20,220), it said.

“Vietnam is extremely concerned, indignant and resolutely opposes the brutal behavior of Chinese law enforcement forces against Vietnamese fishermen and fishing vessels operating in the Paracel archipelago

Women Seafarers (Section 24).

“To be engaged” is also for the protection of those possible victims of illegal recruitment and other prohibited acts under AMWA and the POEA rules in relation to the recruitment and employment of Filipino seafarers wherein the company or persons can be held criminally or administratively liable.

Opposers to Hontiveros’ proposal argued that the current definition should follow what is stated in the Maritime Labor Convention of 2006 (MLC2006).

Ironically, employers and manning agencies successfully pursued the inclusion of a provision on execution bond, which is absent in MLC2006.

The provision in essence amended

of Vietnam,” Ministry of Foreign Affairs spokesperson Pham Thu Hang said in an emailed statement Wednesday evening.

Vietnam has a long-standing territorial dispute in the South China Sea with China, which claims the majority of the area as its territory —an assertion that overlaps with separate claims by Brunei, Malaysia and Taiwan as well as the Philippines and Vietnam.

the Labor Code, which will have significant impact on the “immediately final and executory” nature of decisions issued by the National Labor Relations Commission (NLRC) and the National Conciliation and Mediation Board (NCMB). There are several other provisions that essentially limited their rights rather than expanding them.

The Philippine Association of Maritime Institutions (PAMI) had opposed the inclusion of a section on Shipboard Training of Cadets as they argued that the Magna Carta should only apply to professional seafarers, not students. It has consistently raised concerns about stringent requirements, such as the need for training ships, which will financially burden students.

Vietnam protested the incident in discussions with China’s Hanoi embassy. The ministry demanded “China to fully respect Vietnam’s sovereignty over the Paracel archipelago, promptly investigate and notify Vietnam on the results, and not to repeat similar actions.”

Vietnam and the Philippines signed two letters of intent in August, including one on humanitarian assistance at sea, while a more comprehensive security agreement is targeted for completion later this year. In June, Vietnam offered to have talks with the Philippines about overlapping territorial claims in the South China Sea as Manila decries increasingly violent clashes with Chinese vessels in contested waters. With assistance from Colum Murphy and Josh Xiao /Bloomberg

If students were included, why deny the same inclusion to those in between contracts, still applying for work, undergoing trainings, recently repatriated due to contract termination or other causes, or are simply on vacation?

Senator Hontiveros, however, was able to push for the inclusion in the final version of the law of the phrase: “Nothing in this Act shall diminish the protection given to Overseas Filipino Workers (OFWs) under Republic Act No. 11641, including seafarers who are still to be engaged as such.”

Friday, October 4, 2024

DBM flags slow spending for key programs of DepEd and DSWD

By Reine Juvierre Alberto @reine_alberto

THE Department of Budget and Management (DBM) flagged the slow spending for several programs under the Departments of Education (DepEd) and Social Welfare and Development (DSWD).

In its midyear report, the expenditure performance of big-spending agencies, such as DepEd and DSWD, recorded low budget utilization rates in the first half of 2024.

The DBM said most of DepEd's major programs recorded low obligation performance, or were unable to commit a significant portion of the budget for spending. This was traced to procurement issues, delayed approvals and challenges in coordination efforts.

In particular, spending for textbooks and other instructional materials remained low, with 20.7 percent or P2.6 billion of the P12.7-billion budget allotment having been obligated as of end-June 2024.

The bulk of the unobligated allotment was attributed to the ongoing

procurement projects in the DepEd Central Office and pending approval of guidelines, the DBM said. Moreover, only P2.7 billion or 11.9 percent have been obligated for the School-based Feeding Program out of the P13.7-billion budget allocation for the year.

DepEd's Computerization Program recorded an 11.9-percent obligation rate, with P2.2 billion out of the P18.1billion budget already obligated.

For the Government Assistance and Subsidies, or financial assistance to students, only P900 million or 3.5 percent of the P26.3-billion allotment has been obligated.

“The Department is strongly urged to adopt measures to catch up on its financial and physical commitments for the rest of the year,” the DBM said.

DepEd is also told to maximize early procurement activities and promote betterdesigned, well-planned and implementation-ready programs and projects.

“The Department should address backlogs of slow-moving [programs and projects] from previous fiscal years before requesting additional resources,” the DBM added.

DSWD: ‘Very low budget utilization rates’ M EA n W h I l E , DBM underscored that some of the programs and projects of DSWD recorded “very low” budget utilization rates in the first semester of 2024.

Specifically, the Philippine Food STAMP (Strategic Transfer and Alternative Measures Program) obligated only 2.5 percent

7-MONTH MEAT IMPORTS RISE 7.8%; BEEF IMPORTS JUMP 31%

By Ada Pelonia @adapelonia

Th E country’s meat imports rose by 7.84 percent as of July 31 on the back of higher pork, chicken, and beef purchases abroad.

or P48.1 million of the P1.9-billion allotment as of end-June 2024.

The DSWD also obligated P987.5 million or 24.7 percent of the P4-billion budget allocation for the Supplementary Feeding Program (SFP).

The DBM expects budget utilization rates for these programs of DSWD to accelerate later this year, given that actual implementation is still scheduled for this second semester.

“The DSWD is advised to devise and implement catch-up measures to ensure that both physical and financial commitments are fulfilled during the latter half of the year,” it said.

Data from the Bureau of Animal Industry (BAI) showed that meat imports increased to 757,296 metric tons (MT) from January to July this year compared to the 702,243 MT recorded in the same period in 2023. Chicken imports grew 2.41 percent to 255,375 MT from 249,370 MT. Mechanically deboned meat (MDM) accounted for a chunk of chicken imports at 145,846 MT

Based on BAI data, pork imports rose by 7.54 percent to 372,941 MT from the 346,789 MT recorded in the same period last year. Pork cuts accounted for most of the shipments, with offals trailing behind at 135,582 MT and 131,429 MT, respectively.

Beef imports registered the biggest increase as these jumped by 30.85 percent to 101,689 MT from 77,713 MT. Beef cuts held the bulk of the shipments at 67,351 MT.

Meanwhile, Brazil was the top supplier of beef and chicken imports at 30,519 MT and 121,135

‘VAT on digital services levels the playing field, a boon to local retailers’

By Andrea E. San Juan @andreasanjuan

Th E recently-signed law

imposing 12-percent value-added tax (VAT) on digital services bodes well for local micro, small and medium enterprises (MSMEs) as this eliminates the “unfair advantage” previously enjoyed by foreign online retailers, according to the Department of Trade and Industry (DTI).

“This levels the playing field for our local MSMEs by removing the unfair advantage previously enjoyed by foreign digital service providers,” DTI Acting Secretary Cristina A. Roque said in a statement sent to reporters on Thursday.

With a more competitive landscape, Roque said the country’s MSMEs “can better leverage digital technologies to innovate, expand their reach, and thrive in the global marketplace.”

The DTI chief underscored that this “landmark legislation” is a significant step towards creating a more equitable and inclusive digital economy in the Philippines.

“By ensuring that all digital service providers, regardless of origin, contribute their fair share to the country’s tax system, we are promoting healthy competition and supporting the growth of our local MSMEs,” added Roque, who used to head the DTI’s MSME Development Group before being appointed as the agency’s Acting Secretary.

Through the lens of local retailers, Philippine Retailers Association (PRA) President Roberto S. Claudio, Sr. said that apart from leveling the playing field in the business landscape in the country, this measure will also “boost” government revenues.

“On behalf of the business community and retailers in the

MT, respectively.

In terms of pork imports, BAI data showed that Spain was the country’s biggest supplier at 80,737 MT. This was followed by Brazil at 71,963 MT.

The United States Department of Agriculture-Foreign Agricultural Service in Manila (USDA-FAS Manila) earlier said that the country’s meat imports are expected to increase next year on the back of population growth and a positive economic outlook.

“FAS Manila forecasts 2025 beef imports to increase to 226,000 metric tons [MT] carcass weight equivalent [CWE],” the report read. (See: https://businessmirror. com.ph/2024/08/22/phl-meat-importsseen-to-grow-in-2025/)

“Continued greater-than-sixpercent economic growth and forecasted population increases support strong consumer purchasing power which will push beef imports higher in 2025,” it added. The report also projected pork imports next year to reach 510,000 MT CWE, up over 6 percent from 2024.

“Continued animal disease challenges combined with strong economic growth and forecast population increases will push imports upward.”

Chinkee

Tan

cries foul over use of name, face in scam

By Claudeth Mocon-Ciriaco

Philippines, this now levels the business environment between local retailers and online foreign merchants,” Claudio told the BusinessMirror in a Viber message on Thursday.

“This will also substantially boost tax revenue for the government’s social & education programs,” the PRA chief added.

“PRA would like to thank Congress, DTI, DOF and the Office of the President for the passage and signing of this bill imposing VAT on digital services,” he noted.

Prior to the signing of this measure, Claudio had been raising the concern of an uneven playing field between brickand-mortar retailers and online retailers because online transactions were not imposed VAT and duties.

h e earlier said this in the context that a lot of brick-andmortar fashion brands were complaining about losing a lot after some online fashion brands penetrated the Philippine retail landscape.

President Ferdinand R. Marcos Jr. signed Republic Act 12023 or the VAT on Digital Services on Wednesday, October 2.

The 12-percent VAT will be imposed on all digital services, such as online marketplaces, including Shopee and l azada; online media, such as YouTube, n etflix and Spotify; online advertising; online search engines; including Google and Yahoo; cloud services and digital goods.

Meanwhile, during the Shopee 10.10 Brands Summit on Thursday, Shopee noted that according to the Philippine Statistcs Authority’s (PSA), the annual household income of Filipinos increased by 15 percent in 2023. The online shopping platform said this is “signaling an opportunity for brands to capture the emerging market of middleincome Filipinos with growing affluence.”

INANCIAL adviser Chinkee Tan has cried foul over the use of his name and face in social media for what he dubbed false news reports and deceptive online advertisements.

Tan, a renowned financial coach and speaker, warned the public against the use of his name and image. He said that on September 30, 2024, it was brought to his attention that a fake news website falsely claimed he had been apprehended, with the sole intent of luring people into a cryptocurrency scam.

"We’ve recently discovered that malicious actors are using my name as clickbait, misleading the public into believing false reports about me being arrested. This is not only a blatant lie, but it’s also a harmful tactic meant to defraud individuals. I urge everyone to be cautious and verify the legitimacy of such reports," Tan said in a press statement.

Tan said the fake news was initially found on fraudulent Facebook ads and websites posing as credible news sources.

A specific post shared by "Cyber Security Philippines - CERT | Taguig" was brought to light, falsely associating Tan with illegal activities.

“These misleading ads continue to circulate despite multiple efforts to report and remove them,” he said.

Tan’s team had reported the fake news to Facebook and GMA News after discovering the unauthorized use of GMA’s branding in spreading this misinformation.

He said the issue was elevated to the NBI-Cybercrime Division for legal action, including the filing of an Affidavit of Denial and an Affidavit of Complaint. The statement said Tan’s team has launched a campaign to inform the public about the ongoing scams using his name, urging users to be vigilant. Despite continuous efforts, including reaching out to Meta and submitting relevant proof, the fake ads persist.

“We are working closely with authorities and social media platforms to ensure these false claims are taken down as soon as possible,” Tan added. Tan advised the public to follow him only on his verified social media channels.

Editor: Jennifer A. Ng

Hydrogen-powered aircraft maker ties up with BCDA

By Andrea E. San Juan @andreasanjuan

State-run firm Bases Conversion and Development authority (BCDa) has sealed an agreement with australian aircraft manufacturer aMSL aero to explore the potential of producing low-cost and zero-emission planes and hydrogen in the Philippines.

According to the joint statement of BCDA and AMSL Aero, the partnership involves “collaboration and knowledge sharing to develop an ecosystem for low-cost zero emissions aircraft and hydrogen energy.”

This partnership, the two parties noted, has the “potential to connect the archipelago of the Philippines by passenger and freight carriage air bridges, coupled with strategically located hydrogen production plants for clean energy production.”

The two parties said this will lead to the preparation of a feasibility study, which may include technical and commercial study of the project

with potential developments within the BCDA’s properties.

AMSL Aero is an Australian-based sustainable development aerospace technology company that produces a long-range hydrogen-electric Vertical Take Off and Landing (VTOL) aircraft, the Vertiia. According to BCDA, Vertiia is a “next-generation aircraft that takes off like a helicopter and flies fast and smoothly like a fixed wing aeroplane at very low cost per hour.”

“The aircraft will be a highly efficient long-range zero-emissions VTOL, with a range of up to 1,000km and cruising speeds of 300kmh,” said

BCDA. Max York, CEO of AMSL Aero said the partnership with BCDA has the potential to help drive the future of aerospace and clean energy production, as well as support economic development for the Philippines.

“The partnership agreement with BCDA, and also the recently signed partnership with Life Flight New Zealand, clearly demonstrate the global demand and opportunity for hydrogen-powered VTOL technology,” York said.

The CEO of AMSL Aero said these agreements will enable AMSL Aero to “further develop innovative Vertiia technology to support multi-national requirements for passenger, cargo, air rescue, aeromedical and military air operations.”

For his part, BCDA President and CEO Joshua M. Bingcang said the agreement with AMSL Aero will build a “strong partnership” with a world leading sustainable aviation manufacturer.

“This agreement also supports our vision to transform New Clark City into a smart and sustainable metropolis, which includes modern energy and transport infrastructure,” Bingcang said.

“We look forward to progressing

MPIC, Meralco invest ₧261.7M in DigiCo

AN gi L i NAN - LED firms

Pon Thursdays said the subscription agreements signed by the Manila Electric Co. (Meralco) and the Metro Pacific i nvestments Corp. (MP i C) with DigiCo, formally known as Kayana Solutions i nc., are valued at over P261 million.

Meralco and MP i C entered into separate subscription agreements with DigiCo for a combined 570,000,000 additional common shares. As a result of these additional subscriptions, DigiCo is now 45 percent owned by PLDT, i nc., 27.5 percent owned by Meralco, and 27.5 percent owned by MP i C.

“The total subscription price is P261,750,000.00, payment of which shall be made on a date to be agreed upon by the parties,”

they said in separate disclosures.

Kayana is a data-powered digital experience company that harnesses the data assets of the MVP g roup to deliver “a superior and hyper-personalized customer experience” backed by insights that can pave the way for “a radical change” in customer engagement across the MVP g roup.

“The expertise and resources of Kayana will be leveraged to support the growth trajectory of Bayad, an affiliate of the Meralco, while exploring and unlocking synergies among PLDT, Meralco, and MPiC,” PLDT and Meralco said.

Digico earlier acquired a 10-percent stake in payment provider C i S (Corporate i nformation Solutions) Bayad Center, i nc. from Meralco and 100-percent of Multiplay Corp. from PLDT’s Multisys

this partnership to achieve positive technological, economic and social outcomes for the Philippines.”

BCDA said AMSL Aero has secured more than AU$55 million in funding from major private investors, government programs and customers to develop the Vertiia, which is currently progressing through the civil aviation certification process and is set to change the way people use air travel once it enters production within the next few years.

CEBU Air i nc., operator of budget carrier Cebu Pacific, has finalized a $24-billion landmark deal that involves 152 Airbus 321neo aircraft.

A purchase agreement, signed Wednesday night, covers firm orders for up to 102 A321neo, plus 50 A320neo Family purchase rights.

This acquisition has a minimum commitment of 70 aircraft.

The deal is the largest in Philippine aviation history, valued at approximately $24 billion, or P1.4 trillion, based on list prices for the entire 152 aircraft order.

The aircraft will be powered by Pratt & Whitney g TF™ engines.

Technologies Corp.

Bayad Center serves over 800 utility, financial, and other billers, a network of more than 104,000 touchpoints nationwide. Multiplay is another digital payment platform.

MP i C reported in August that its consolidated core net income in January to June jumped 27 percent to a record high of P12.5 billion from last year’s P9.9 billion. i mproved financial and operating results from MP i C’s holdings delivered a 20-percent increase in contribution from operations to P14.8 billion, it said.

This was mainly driven by strong growth in energy sales at Meralco, billed volumes at Maynilad Water and traffic on the toll roads complemented by higher tariffs. Lenie

Lectura

Figaro gets Peza nod for Laguna factory

By VG Cabuag @villygc

Fig A rO Coffee group i nc. on Thursday said its unit Figaro i nnovation and Development i nc. (F i Di ) secured the approval of the Philippine Economic Zone Authority (Peza) to produce its pizza products in Biñan, Laguna.

The listed company said the board of Peza has approved its application for the registration of its new project involving the production of pizza products and frozen pizza at the 116 East Main Avenue Phase V, Laguna Technopark-Special Economic Zone in Mamplasan, Biñan.

“The Peza Board r esolution further stated that the said approved project shall be entitled to income tax holiday for five years, and 5 percent special corporate income tax for 10 years in accordance with the provisions of r A [r epublic Act] No. 11534 or the Corporate r ecovery and Tax i ncentives for Enterprises (C r EATE) Act, subject to F i Di ’s signing of a supplemental agreement with PEZA, under standard registration terms and

conditions, and to the prescribed pre-registration and registration requirements,” the company said in its disclosure.

Angel’s Pizza, the flagship pizza chain of the Figaro Coffee group i nc., said its sales on grabFood reached P1.2 billion from nearly 1 million transactions in the first half of the year.

This figure represents a year-toyear growth of 63 percent, showcasing the brand’s strong postpandemic recovery and sustained delivery business on the leading on-demand deliveries platform.

“This growth was driven by a strong collaboration with g rab, driven by campaigns and innovative solutions such as grabUnlimited Deals.”

i n Metro Manila, Angel’s Pizza experienced a 53 percent year-onyear sales growth on the g rabFood platform. i n the provincial areas, Angel’s Pizza achieved a rapid 151 percent year-to-year sales growth.

“We are incredibly proud of the progress Angel’s Pizza has made. Achieving 1.2 billion in sales on grab in the first half of 2024 is a monumental milestone that reflects our dedication to providing high-quality products and excellent service to our customers. As a long-time partner of grab, we affirm our continuous and strong relationship which gives us more excitement towards future growth and innovation together,” said Justin Liu, chairman of Figaro.

“The selection of Airbus and Pratt & Whitney underscores our focus on operational efficiency, sustainability, and innovation, ensuring that we continue to deliver the highest standards of service while significantly reducing our carbon footprint,” said Michael Szucs, chief executive officer at Cebu Pacific.

“This milestone signals our ongoing dedication to expanding air travel accessibility and affordability, while supporting the Philippines’s broader economic growth and connectivity goals.” Airbus Executive Vice President Benoît de Saint-Exupéry said the A320 Family has supported Cebu Pacific’s domestic and short-haul international network growth over the last two decades. Lenie Lectura

Banking&Finance

Smuggled products seized in H1 valued at ₧55.171B

By Reine Juvierre Alberto @reine_alberto

HE Bureau of Customs (BOC)

Tannounced that smuggled commodities the agency seized in the first half of the year yielded P55.171-billion worth of counterfeit goods, cigarettes and vape products and illegal drugs.

According to the BOC’s midyear report, the agency conducted 868 anti-smuggling operations from January to June, or nearly five a day. Confiscated counterfeit goods, such as fake branded apparel, accessories and electronics, topped the list of commodities seized, totaling P29.738 billion. The BOC said that just last June, it seized P11-billion worth of counterfeit products, including imitations of high-end brands like Hermès and Louis Vuitton. According to the agency food items and general merchandise seized during the period are valued at P14.515 billion. Smuggled cigarettes, tobacco, e-cigarettes and vape products that the BOC seized amounted to P5.534 billion. Vehicles and accessories that the BOC seized are valued at P2.935 billion.

Meanwhile, the BOC said illegal drugs worth P2.277 billion were confiscated through 80 seizure operations. The BOC said methamphetamine, commonly known as shabu, recorded the highest amount (P1.239 billion) of drugs seized through 11 operations. Shabu was followed by marijuana and ecstasy, worth P934 million and P92 million, respectively coming from 37 and six seizure operations.

The BOC pointed to intelligence

sharing among law enforcement agencies, enhanced X-ray scanning and risk-profiling training as reasons for the success of these operations.

Meanwhile, the BOC said it has also condemned 83 containers of seized and forfeited goods in the first half of the year.

Trade facilitation

IN a recent development, the BOC and the United Nations Economic and Social Commission for Asia and the Pacific (UN-ESCAP) published a feasibility study on cross-border electronic exchange of trade-related data and documents.

The study highlighted that advancing trade facilitation through digitalization and improving interoperability among government agencies will enhance operational efficiency and benefit the economy, particularly small and medium enterprises.

It cited the need for the systems used by the BOC and Trade Regulatory Government Agencies to be more interoperable and integrated to facilitate smooth trade processes and reduce reliance on manual procedures.

Key documents, including Certificate of Origin, Export Declaration, and Phytosanitary Certificate, were identified for prioritization for crossborder exchange.

The study also suggested the National Trade Facilitation Committee lead outreach activities. It also recommended building capacity among stakeholders, especially SMEs, and enacting legislation on digital data governance and paperless trade as part of the BOC’s ongoing improvement of the processes.

Budget provisos linked to Philhealth fund issue

By Butch Fernandez @butchfBM

THE two special provisions in the 2024 budget placed by the bicameral conference committee appeared to be “anomalous” because the General Appropriation Act 2024 cannot override a special law, former Senator Panfilo M. Lacson said last Thursday. Lacson, reputedly the most zealous examiner of the annual budgets, was referring to the Universal Health Care Act and the charter of the Philippine Health Insurance Corp. (PhilHealth). It is from the latter entity where nearly P90 billion in funds are being plowed back to the national treasury to fund unprogrammed appropriations.

“In the 2024 budget, ito ang medyo [this is somewhat] anomalous as far as I’m concerned being a legislator. Dinagdagan nila ng dalawa [they added two],” the former Senator said.

“They included two special provisions, including the GOCCs [among those from which funds can be swept to Finance unprogrammed items]. Since PhilHealth is classified as a GOCC (government-owned or -controlled corporation), pwede nila galawin ang pondo that [they can touch the funds of] PhilHealth. And the fifth one, foreign-assisted project,” added Lacson, who filed this week his candidacy to return to the Senate.

He explained in a television interview that “the GAA is a general law [and that] all lawyers and legislators should know that a general law cannot amend a special law.”

“What special laws am I referring to? [The] PhilHealth Act as amended and UHC Act; it’s very clear there, that if PhilHealth has an excess fund, it may only be used to increase the benefits of members or to bring down premiums. So did [they cannot be touched] under the PhilHealth Act and UHC Act.” Lacson pointed out that the UHC law (Republic Act 11223) has provisions stating that “there should come a time—I think three years is the timetable—when each and every Filipino is entitled to health benefits.”

However, he noted that, “until

IFC invests $7M in tech firm for ‘smart’ banking solutions

By Cai U. Ordinario @caiordinario

THE International Finance Corp., the World Bank Group’s private sector arm, has invested $7 million (roughly P395 million) in a technology company providing smart banking solutions to small businesses in the Philippines.

In a statement, the IFC said its investment in Full Circle Growth Finance Corp. will be used to expand digital financial services for small and medium-sized enterprises (SMEs) in the Philippines.

The IFC was joined in this undertaking by Endeavor Catalyst Inc. and Fasanara Capital Ltd., as well as existing investors Insignia Ventures Partners Pte. ltd. and Accion AfricaAsia Investment Co.

“We are proud to be a part of this funding round for First Circle and help the company expand its operations to support more Filipino businesses, especially those accessing

credit for the first time,” said JeanMarc Arbogast, Country Manager for the Philippines at IFC. “Through this strategic investment, we aim to catalyze First Circle’s development of new products for which will help to foster better financial inclusion in the country.”

First Circle’s credit systems provide SMEs with higher credit limits, flexible repayment options and the lowest unsecured pricing in the market, according to the IFC.

The company has also recently expanded its services to include feefree business banking and payment solutions. Since 2016, First Circle has

funded over 3,000 unique customers, of which over two-thirds are SMEs accessing credit for the first time.

“We are thrilled to welcome IFC, the pre-eminent investor in emerging market financial services, as new shareholders at this terrific inflection point in our company’s expansion,” First Circle CEO Patrick Lynch said. “We are particularly excited by IFC’s deep technical expertise in helping fintech companies expand their services, allowing us to serve more SMEs in the country.”

The IFC said the fintech industry in the Philippines has witnessed significant growth in recent years. Based on the 2023 Fintech Philippines report, the number of fintech companies rose from 115 in 2017 to close to 30,000 as of December 2022.

Despite the industry’s growth, the IFC said only a handful of companies focus on providing services specifically for MSMEs. Access to finance remains a key challenge for smaller businesses.

Credit penetration for SMEs in the Philippines stands at 2.2 percent of the country’s gross domestic product as of 2023, trailing many regional neighbors. Lack of access to

Compelling planning considerations for associations

THE Philippine Council of Associations and Association Executives (PCAAE) recently held a webinar on “Conversations Dominating Association Planning” conducted by Belinda Moore, founder of Answers for Associations and Consultant at Strategic Membership Solutions in Australia.

now we’re still at the low-end or medium [of coverage].

“So, we have not yet graduated to the high-end or full implementation,” Lacson said adding that he sent a message to Finance Secretary Ralph G. Recto saying that “it seems we have a problem as the health sector is up in arms.” According to the former solon, Recto replied “that it is a capacity issue.”

“Meaning, PhilHealth is not able to absorb the funds with them, or spend, or the fund is not obligated.

Because PhilHealth, being a GOCC, they have investments, they are authorized to invest, they have many maturing securities [and] investments,” Lacson added. He stressed that, “amending the special law using a general law… is illegal in my view.”

“And I’m sorry to say, to the incumbents in Congress whether Senate or [the House of Representatives], if and when I have the opportunity to scrutinize the budget again, I will really strongly move to delete the two additional special provisions,” Lacson said. “I think it’s illegal because a general law cannot amend a special law.”

Unfortunately, he said, the sneaking of the provisions happened during the bicameral committee for the 2024 General Appropriations Act.

“If you don’t look diligently, you will not see the two additional provisions; many legislators were surprised. They didn’t notice that there was something like this… Nalusutan talaga. At ito sa bicam nangyayari ito. [This was really sneaked in; and it happened in the bicam],” Lacson said.

He added that he has also filed a resolution to make the bi-cameral conference committee (BCC) “more transparent.”

“The BCC has no minutes. It’s considered the third and the most powerful chamber when it comes to the budget bills,” Lacson explained.

He added that the meeting is opened and then legislators appoint a small group in the bicam composed of two persons: the chairman of the appropriations committee and the finance committee chairman.

Belinda highlighted 14 points on compelling planning considerations and the strategies associations are implementing to stay ahead of the curve. These eight points resonate to associations here in the country:

1. Advance your purpose. Purpose is the lens for all decisions an association makes and the measure of its success. It’s the “why” behind every “what” and “how” in association planning. It’s also about making an impact, not just growing a member list. Associations which advance and grow are those that powerfully align their activities with their purpose.

2. Adapt to rapid technological change and AI acceleration. AI and digital innovations are revolutionizing industries at an unprecedented pace. For associations, the challenge adapting to digital change while leading members they serve. Associations can use technology to dramatically enhance productivity, increase revenue, and transform member experience.

3. Capitalize on the rise of collaborations. A strategic shift towards more collaborative models is becoming a game changer for many associations. Successful

By VG Cabuag @villygc

HE East West Banking Corp. (PSE:

TEW) expects its credit card business will increase its overall lending suite of products with the re-introduction of a new line of products in partnership with Singapore Airlines (SIA).

Lawrence L. Lee, the bank’s executive vice-president and consumer lending cluster head, said credit card growth in the Philippines will continue to grow at a pace of about 30 percent. Its products will be at par with such growth, Lee added.

The executive told reporters that there was an expectation that revenge spending and revenge travel after lockdowns during the pandemic would taper off.

“But I think people are still spending. Overall, our economy is doing okay. We’re growing as per the expectation of the government. I think the expectation is [the economy would] continue to be robust,” Lee said at the sidelines of the bank’s relaunch of its credit card and rewards program.

Credit card business is the EW’s third-

collaborations are characterized by shared values, great communications, and effective planning. Those that seek collaborations advance members’ interests, secure their competitive position, and streamline resources to enable strong levels of service.

4. Deliver personalized, relevant and compelling value. In an era of customization, members expect experiences that resonate personally with them. It’s about moving beyond the “one-size-fitsall” approach into curated offerings such as creating targeted content streams, personalized learning paths, or segmented networking opportunities that cater to the diverse interests and needs of their membership.

5. Communicate with impact. For most struggling associations, the challenge isn’t value proposition (although that’s normally the assumption they make). In most cases, it is their communication that is letting them down. Great communication is understanding the specific outcome the communication needs to achieve, then choosing the right channel, timing, and approach to reach the right recipient in a way that creates the desired result.

largest in its loan portfolio, cornering about 20 percent.

Mia P. Tamayo, the bank’s senior vicepresident and credit card business head, said EW is “very positive” about the credit card growth, mainly as it has a very young market. “And as we get more and more financially educated for our consumers, we are moving—and even the BSP (Bangko Sentral ng Pilipinas) supports this—from a cash-induced transaction society to cashless because there’s a lot of value in it,” Tamayo said.

“You know, for the same purchase that you’re doing, why not get the reward? And so we support the consumer. We understand the consumers’ needs, especially how different segments are,” she added.

In the quarterly report that EW submitted to the Securities and Exchange Commission last August, the lender said its consumer loans was up by 9 percent to P259.6 billion “driven mainly by personal loans, credit cards, auto loans and teachers’ loans.”

“On the other hand, corporate banking loans posted a decrease of P3.5 bil-

6. Generate strong and sustainable revenue streams. Associations need strong and ongoing sources of revenue aligned with values and purpose. There are three elements to successful revenue generation: mitigating risk with diverse revenue sources, having something valuable to offer, and being prepared to sell that offer to the market.

7. Use data to inform decision making. When it comes to planning at all levels of an association, data is the map that leads to informed decisions. Associations should be able to transform raw data into actionable intelligence that informs strategic planning, boosts operational efficiency, and enhances member engagement.

8. Champion environmental sustainability and social responsibility. In a world crying out for positive change, associations have a unique opportunity to lead by example in the realms of environmental sustainability and social responsibility. This is about embedding these values into the core of the association, and transforming, not just internal practices, but also influencing the wider industry and community through their members.

Octavio Peralta is founder and volunteer CEO of the Philippine Council of Associations and Association Executives, the “association of associations” (PCAAE). The PCAAE and SustainablePH will hold a joint summit on sustainability at the PICC on November 27, 2024. The views he expressed herein do not necessarily reflect those of the BusinessMirror E-mail: bobby@pcaae.org.

lion to P56.1 billion as of June 30, 2024,” EW added. Lee said what its new credit card products do was to convert those pesos spent into miles, to which he claimed as the most generous in the market.

According to him, they estimate about 150,000 Filipinos work in Singapore, traveling back and forth to the Philippines and the Lion City, “on top of the Philippine tourists going to Singapore.”

“I’m sure you can probably imagine they’re big, because you don’t need a visa to go to Singapore. It’s only three hours away. So, we made sure that we have the best travel card,” Lee said.

Tamayo said the bank has already reached its annual target of having 1.4 million cardholders in September. She expects that EW would end the year with a much higher number of credit card holders.

“If you spend that with your cash, what reward do you get? But if you spend it with a credit card, you can imagine the rewards that you will get. And so, we want them to move from there. It’s really a pure experiential experience,” Tamayo added.

financial services continues to hold back smaller businesses, particularly in the Philippines where credit penetration stands at 2.2 percent of the country’s GDP as of 2023, trailing many regional neighbors.

“First Circle’s customers are growing trading, manufacturing, and services businesses who are the center of their own ecosystem of employees & trading partners, and all the livelihoods they support,” Lynch said. “Our partnership with IFC is much more than just investment; it underlines our mission of economic empowerment and building for the long term.”

The IFC said First Circle has also been an official partner of the Department of Trade and Industry (DTI) since 2018. The IFC said it is instrumental in advancing DTI’s mission to foster SME competitiveness and growth.

Through its accessible financing solutions and financial literacy programs, the IFC said First Circle has been instrumental in equipping SMEs with the resources they need to thrive, aligning with both DTI’s broader economic goals and IFC’s mission to empower this vital sector.

Rural bank to get dibs in fintech fundraiser

SALMON brand owner FHL Financing Co. Inc. announced having raised $30 million from its Series A-2 equity financing round to support its lending business and launch new products for underserved consumers in the country.

According to FHL Financing, part of the proceeds will be allocated to the Rural Bank of Santa Rosa to increase the bank’s total capital to P1.2 billion by the end of 2025. However, this will be subject to approval by the Bangko Sentral ng Pilipinas (BSP), the firm’s statement read.

The planned round saw strong participation from key institutional investors of the company, including the International Finance Corp. (IFC) and Abu Dhabi-domiciled Lunate Holding RSC Ltd., according to FHL Financing. Both institutions committed “amounts substantially in excess of their pro-rata allocation rights,” the firm added.

“With this latest investment round, we are positioned to scale our operations even further, bring new products to market, and deepen our partnerships across the financial ecosystem,” FHL Financing Co-Founder Pavel Fedorov was quoted in the statement as saying.

A portion of the proceeds will also bolster marketing activities at retail locations across the Philippines, as well as expand online offering, according to the fintech.

The planned capital infusion in the Rural Bank of Santa Rosa will also support the bank’s continued growth. The bank achieved one of the highest returns on equity (ROE) among regulated financial institutions in the Philippines, according to FHL Financing. Fedorov said such achievement “is a testament to the potential of combining innovation with a strong commitment to local communities.” Cai U. Ordinario

Octavio Peralta

Association World

Can a 6-second kiss each day lead to a more intimate relationship?

BY ALBE�T STUMM The Associated Press

AFTER 13 years of marriage, Bethany Meola acknowledges she and her husband can get mired in the midlife chaos that comes with navigating careers and raising three children. That’s why the six-second kiss felt so good.

A daily intimacy exercise pioneered by couples therapists and clinical psychologists John and Julie Gottman, the six-second kiss is what it sounds like— taking a few moments out of each day to connect physically with your partner.

“It’s kind of a funny thing to put on the to-do list,” said Meola, who first learned of the Gottmans’ work while studying for a theology master’s degree focused on marriage and family.

Even when it felt a little silly, it made a difference.

“It’s long enough to kind of ground you and say, ‘Here’s this other person that I love that I’ve committed to,’ and you’re resting in their presence in kind of a renewed way,” said Meola, co-founder of the nonprofit Life-Giving Wounds in Bowie, Maryland, which aims to help adult children of divorced or separated couples.

WHY DOES SIX SECONDS MATTER?

SIX seconds is not an arbitrary number, John Gottman said during a joint video interview with his wife and collaborator. The couple married in 1987 and cofounded the Gottman Institute, which trains couples therapists.

After studying more than 3,000 couples over 30 years, the Gottmans found that six seconds of intentional intimacy is enough to trigger the release of oxytocin. It’s the same hormone that’s widely believed to be responsible for bonding a baby with its mother; the Gottmans say it builds trust in a relationship by calming down the fear center of the brain.

Gottman cited research by neuroeconomist Paul Zak that suggests a 20-second hug does the same. “It comes whenever mammals cuddle with one another,” said Gottman, author of The Seven Principles

Maki+Fiesta

for Making Marriage Work and other books. “For the 20-second hug or the six-second kiss, it’s one that really feels different. It feels like you’ve come home.”

WHAT KIND OF COUPLE DOES THIS WORK FOR?

JULIE GOTTMAN said an elongated kiss works best for couples who are committed to each other and have built a level of trust. Couples who are in distress and working through issues in therapy might not be ready for it.

“We’re certainly not going to give that information to a very distressed couple early on before significant changes,” she said. “Because it won’t feel authentic if there’s still a lot of distrust.”

HOW TO START

COUPLES have to decide to take time out of their day to prioritize their relationship. One partner might open the discussion by saying they believe the

exercise could deepen their bonding, and why not try it out? Then it’s best to create a ritual. Set aside the same moment every day, for instance when everyone is about to leave for work and school or just before bedtime.

Creating a ritual of connection during these transitional moments guards against “the managerial relationship, where the only thing a couple does together is adding to their very long list of tasks,” John Gottman said. “We want to really nurture the romance.”

Rituals also foster a shared sense of purpose, Julie Gottman said. Just be sure to savor it, rather than making it a thing you’re supposed to do.

And to the couples who say they can’t find the time? She didn’t mince words. “You really don’t have six seconds?” she said with a laugh. “You know, we’re not talking six hours here. We’re talking six seconds. So, tell me more about what that block is about. Is there something else going on?” ■

at UP Diliman—‘Free expression: vital to a thriving democracy’

THE fervor to protect and carry on for freedom and democracy is not lost. Rather, it energized some 800 diverse students and professionals to jampack 25 thoughtprovoking presentations and discussions for two full days recently in the premier state university, University of the PhilippinesDiliman. Maki+Fiesta, a media festival for free expression and democracy, converged into an explosion of creativity tucked underneath three themes:

■ MAKI+BALITA, MAKI+ALAM: Discussions and workshops on truthbased storytelling, reliable journalism, and compelling and effective content creation.

■ MAKI+HIGH TECH: The latest in AI, data and technology, and their ethical implications and innovative potentials.

■ MAKI+COLLAB: A deeper and more intimate understanding of the Filipino audience, and sessions designed to spark cross-sectoral collaborations and

networking opportunities across various creative sectors.

Convenors of the festival were the Quezon City government led by Mayor Joy Belmonte, University of the Philippines System led by UP president Angelo “Jijil” A. Jimenez, PumaPodcast led by its founder and chairman Roby Alampay, International Media Support led by Che de los Reyes, FYT Media led by its co-founder Atom Araullo, and Probe Productions led by broadcast journalist Cheche Lazaro. Where else to hold it for the first time but at UP Diliman in Quezon City, the national university remembered for freedom movements that continually flourish in its campus, spanning many generations.

Quezon City Mayor Joy Belmonte underscored that: “This city has always been known to be the city of freedom, of democracy, and of truth.... Hindi kami papayag na hindi [nila] pahihintulutan ang

mga kabataan at ang mga may gustong ipahayag sa pamahalaan na magsalita. This is a value I really cherish because I believe Quezon City is the bastion of freedom and democracy.”

UP president Angelo A. Jimenez stressed the power of arts, culture, and free expression in strengthening democracy and shaping national identity when passionate minds share a common vision, citing the space, environment, and centers of excellence to create and collaborate that the university incubates and provides.

“Freedom of expression, a vital ingredient to a thriving democracy, is the lifeblood of a free society. It allows us to speak our well-considered, well-studied truths, challenge the status quo and imagine new possibilities as a nation, vibrant and diverse...These are rights that empower each of us to contribute to the ongoing dialogue of nation building,” Jimenez added.

“This was a bold commitment to engage, empower and unite various sectors of our society through the arts, culture and dialogue,” UP executive vice president Jose Fernando A. Alcantara stated.

Prof. Toym Imao Jr., chairman of the UP President’s Committee on Culture and the Arts, noted how cultivating the creative energies of our nation lays the groundwork for a vibrant and inclusive creative community where the arts and culture flourish as key pillars of our democracy.

Maki+Fiesta brought together students, student leaders, and others from the youth sector; journalists and media practitioners, artists, public and private sector communicators, PR and advertising agency professionals, content and platform creators, designers, artists, urban planners, influencers, researchers, faculty, and innovators, dubbed as storytellers of the nation.

Eugenia Last

CANCER

★★★★★

LEO (July 23-Aug. 22): Your vision will captivate someone who can contribute to your plans. You don’t have to buy favors when your ideas are ironclad and have your name written all over them. Know your worth and don’t sell yourself short. When in doubt or lacking trust, move forward alone. ★★★★

VIRGO (Aug. 23-Sept. 22): Rethink your strategy and set aside anything that doesn’t promote high returns. Embrace changes that flow freely and maintain your momentum. Network and participate in events that give you a platform to market yourself and what you have you offer. Romance is favored. ★★★

LIBRA (Sept. 23-Oct. 22): Trust your instincts and follow your heart. Refrain from letting anyone convince you to replace your dreams with their own. Look at the big picture, research and maximize your chance to advance. Travel, learning and communication are favored. Speak on your own behalf. ★★★

SCORPIO (Oct. 23-Nov. 21): Let your actions take over and openly show your intentions and affections. Knowing where you stand will help you construct the best path forward and impress the team you want by your side. Commitment and discipline will pay off, and personal growth and romance will rise. ★★★

SAGITTARIUS (Nov. 22-Dec. 21): An opportunity won’t meet your expectations. Dig deep, research and counter with an offer that suits your needs. Tidy up loose ends in preparation for something new and exciting. Leave nothing to chance, but trust and believe in yourself and your path forward. ★★★

CAPRICORN (Dec. 22-Jan. 19): Check your finances, and you’ll discover an innovative way to grow your money or lower your overhead. A skill you possess and enjoy using will become helpful if you adapt and market it to suit today’s demands. You are your best promoter; use charm and network enthusiastically. ★★★★

AQUARIUS (Jan. 20-Feb. 18): Broaden your awareness

Remembering the eternal prime of Miss Maggie Smith

‘The

Atom Araullo Specials’ takes home Silver Dolphin Trophy at the Cannes Awards

GMA Public Affairs’ multi-awarded bi-monthly documentary program The Atom Araullo Specials earns another big win for the network with The Atom Araullo Specials: Hingang Malalim bringing home the Silver Dolphin Trophy at the Cannes Corporate Media and TV Awards in France.

First aired in 2023, The Atom Araullo Specials: Hingang Malalim delved into the lives of the hardworking pearl divers in Sulu.

The winning documentary narrated the story of Tatay Bulloh, a pearl diver who relentlessly goes deep into the seas and risks his life just to find a pearl that will help his family survive.

Receiving the award on behalf of the program and GMA Network (www.gmanetwork.com) was award-winning host Atom Araullo.

Earlier this year, the same documentary won a Silver Medal at the 2024 New York Festivals TV & Film Awards under the Documentary: Human Concerns category.

In 2022, The Atom Araullo Specials reaped its first win at the Cannes Corporate Media and TV Awards after The Atom Araullo Specials: Munting Bisig took home a Silver Medal for Documentaries and Reports (TV, Online and Cinema) in the Human Concerns and Social Issues category.

Held annually, the prestigious Cannes Corporate Media and TV Awards honors the world’s finest corporate films, online media productions, and documentaries in one of the most important film centers in Cannes, France.

SEAN ‘DIDDY’ COMBS

By Juan A. Lozano The Associated Press

HOUSTON—An attorney said on Tuesday he is representing 120 accusers who have come forward with sexual misconduct allegations against Sean “Diddy” Combs, the hip-hop mogul who is awaiting trial on sex trafficking charges.

Houston attorney Tony Buzbee said he expects lawsuits to be filed within the next month, with most expected to be filed in New York and Los Angeles. Buzbee described the victims as 60 males and 60 females, and that 25 were minors at the time of the alleged misconduct. One individual alleged he was 9 years old when he was abused, Buzbee said. The allegations cover a period from 1991 to this year.

“This type of sexual assault, sexual abuse, sexual exploitation should never happen in the United States or anywhere else. This should have never been allowed to go on for so long. This conduct has created a mass of individuals who are injured, scared and

Jean, Jean, you’re young and alive

Come out of your half-dreamed dream

And run, if you will, to the top of the hill

Open your arms, bonnie Jean — Jean by Rod McKuen from “The Prime of Miss Jean Brodie”

IN Maggie Smith’s death scene as Violet Crawley in the phenomenal British period drama Abbey, her body is about to give up the soul but all throughout that episode her acerbic repartee is intact. With the English restraint manifested in the major characters of the series, Lady Crawley’s maid is free to show her lower-class status by clothing her grief with hysteria. To this the lady shushes her, lightly admonishing how she, Lady Crawley, wishes to hear herself die.

Wit and wisdom, the latter cloaked in caustic epigram and mordant musing, are two traits—or talents—that, with due respect to the monumental casting of Downton Abbey, of Violet Crawley that we would remember her by. Maggie Smith so inhabited the role of a dowager in the second film based on the monumental British series, that her passing is a magisterial component of the screenplay. In other words, she has to die grandly and with her demise is the passing of an era. Smith deserves so much that reference and to do otherwise is to manufacture her exit in the form of a footnote or a tiny citation is no less than a crime against drama and divas.

In another scene, which is actually the last ball Violet Crawley shall ever attend, she finally confesses to her favorite granddaughter what she was doing earlier in London. She was in the city to see her physician who frankly told her she does not have long to live. The granddaughter of course is shocked but Grandma Crawley stops her. After all, she tells the young woman, she has led a privileged and interesting life.

That scene is most appropriate when the real death of Maggie Smith came. And, without question, the death also of Violet Crawley. The actor has indeed lived a pretty colorful and distinguished biography. And the privileged life has not ceased. Her work lives on and that is most precious for this thespian.

To talk about Maggie Smith is not to recall how she lived or where she was born; to know her and invariably to memorialize her is to look at her works—dramatic readings, interviews, in performances in theater and cinema. The new technology has allowed us to enjoy the wealth of memories tied to this fabulous being named Maggie Smith.

We can start with that memorable interview called Tea with the Dames, where four British stalwarts are gathered around a table: Joan Plowright, Eileen Atkins, Maggie Smith, and Judi Dench. They have a topic and it is about the honors they have received during their long career. It is a triumph of their own individual psychology that they are not embarrassed about the fact that all of them share one thing in common: being all Dames—DBE or Dame of the

British Empire.

Of the four, Maggie Smith stands out as one of those rare British thespians who also develop a commercial following in cinema. In the case of Smith, she won the Oscar for Best Actress and then the Best Supporting Actress—the first for The Prime of Miss Jean Brodie and the second for California Suite.

The achievement of Maggie Smith is nothing but stellar. She is a recipient of two Academy Awards, three Golden Globe Awards, five BAFTA Awards, four Emmy Awards, and a Tony Award. She is one of those who have won the so-called Triple Crown of Acting, which are the Academy Awards, the Emmy, and the Tony.

Her citation for the DBE mentions her great contribution to British drama. This is interesting if we are to note her professional debut as happening on Broadway in 1952.

Thus, it is memorable when in 1990, Smith finally received a Tony for Best Actress in a Play for Lettice and Lovage. While we can be experts on her dossier for cinema, very few of us had the luck and means to chart her growth in the theatrical circuit. But thanks to archiving and technology, we can catch a scene from Lettice and Lovage. In this satire by Peter Shaffer (also noted for Equus and Amadeus), Smith plays this tour guide prone to exaggeration and theatrics that the board decided to let her go. She would win her Tony Award for Lettice and Lovage

She would do other plays, notably Noel Coward’s Private Lives and Tom Stoppard’s Night and Day. She went into Shakespeare, as well. In one of these forays

in classical theater, she would be “discovered” by the great Laurence Olivier who asked her to be the Desdemona to his Othello. In the death scene at the end, the character of Smith as one of the starcrossed lovers, is seen dead for a long time in her bed. Eventually, the Black Moor realizes he made the mistake of killing his wife. Othello is filled with remorse as he pulls up his wife and rocks her back and forth like a rag doll. The film version, which is available online, shows Smith to be an intensely physical actor. In many critical essays, it has been written that for Olivier, he met his match in the impeccable Maggie Smith.

On Maggie Smith’s death, another great actress, Helen Mirren, pays a tribute to her by claiming how she was terrified of the actress. That apprehension is hiding in itself a devout admiration from Mirren who calls Smith “iconic,” a word that is not an exaggeration after all.

Smith’s filmography includes the following Othello, Travels with My Aunt, A Room with a View, and Gosford Park.

It has been written that when the pre-production for Travels with My Aunt began, the first choice was Katharine Hepburn. It is not fair to compare Smith to Hepburn but we can only gawk at how the mannerisms brought by Smith from her previous characterizations begin to bloom again—a trait deplored by Pauline Kael in Hepburn but definitely embraced by fans. Smith even did Tennessee Williams’ Suddenly last Summer, where she was Violet Venable. One could feel the tingling broad inflection of Hepburn in her, although Smith tones down the famous elocutory style of Hepburn and comes up with an altogether more emotionally accessible persona.

For the present generation, Maggie Smith is Professor Minerva McGonagall in another box-office sensation, the Harry Potter series.

scarred,” Buzbee said at a news conference.

Following the announcement of the accusations in Texas, an attorney for Combs said the performer

“cannot address every meritless allegation in what has become a reckless media circus.”

“That said, Mr. Combs emphatically and categorically denies as false and defamatory any claim that he sexually abused anyone, including minors,” attorney Erica Wolff said in a statement. “He looks forward to proving his innocence and vindicating himself in court, where the truth will be established based on evidence, not speculation.”

Buzbee said more than 3,280 individuals contacted his firm and alleged they were victimized by Combs and that after vetting the allegations, his firm decided to represent 120 people. Other cases are still being reviewed. He said some of his clients have spoken with the FBI.

The individuals that Buzbee’s firm is representing are from more than 25 states, with the majority from California, New York, Georgia and Florida.

The abuse that’s being alleged took place mostly at parties held in New York, California and Florida where individuals were given drinks that were laced with drugs, Buzbee said. Some of the alleged conduct took place at auditions where “many times, especially young people, people wanting to break into the industry were coerced into this type of conduct in the promise of being made a star,” Buzbee said.

Combs, 54, has been locked up at the Metropolitan Detention Center in Brooklyn since pleading not guilty September 17 to federal charges that he used his “power and prestige” to induce female victims into drugged-up, elaborately produced sexual performances with male sex workers in events dubbed “Freak Offs.” Other alleged victims have already filed lawsuits against Combs that include allegations of sexual assault. Combs has pleaded not guilty to racketeering conspiracy and sex trafficking. His attorney said he is innocent and will fight to clear his name. AP

In my book, however, the pleasure of appreciating the genius of Maggie Smith is to see her in films where she does not act like a countess or any character embedded with some royal chips. I recall one movie called Lily in Love, where she is a writer married to a successful stage actor who can be full of himself, played by Christopher Plummer. The critics had the last words: Plummer, noted for his infinitely theatrical acting, succeeds but you need to look again, for there is his co-actor Smith almost underplaying. Mirren in that interview calls the day of Maggie Smith’s death as sad for cinema and theater. Like her unflinching grand Violet Crawley, whose face will be, according to her granddaughter, peering from portraits on the wall, Maggie Smith however lives on. She is Jean Brodie who will never resign, will never leave. Up in heaven and among the real stars, Maggie Smith should be comfortably immortal. She will, I believe, attempt to transform all of the angels into Brodie’s pupils, singing: “Till the sheep in the valley come home my way/Till the stars fall around and find me alone....” n

THE great Maggie Smith in her multiple Emmywinning portrayal of Dowager Countess of Grantham Violet Crawley in the beloved British drama Downton Abbey.

ATOM ARAULLO flew to Cannes to receive the award.

First Batch of Unit Owners of Hotel101-Madrid have been officially issued their Golden Visas

HOTEL101 Global announced last September 26, 2024

the completion of an important milestone for the release of the first batch of Spanish Investor Visas (“Golden Visas”) to the first batch of Hotel101Madrid unit owners in just six months and 16 days from their purchase of Hotel101-Madrid units.

A Golden Visa for Spain, officially known as the Spain Investor Visa is a residence permit issued to nonEuropean citizens who make a substantial investment in Spain such as buying real estate asset worth 500,000 EURO. Golden Visa applicants have to purchase three Hotel101-Madrid units each to comply with the investment requirements.

The Hotel101 business model and concept happens to be a perfect solution for the Golden Visa host country as buying a Hotel101 unit does not create negative impact of reducing their local housing inventory, and at the same time comes as a perfect solution too for the Golden Visa applicants, as the Hotel101 investment does not require them to carry the hassle of maintaining a house or apartment abroad.

“It will be optional for the Hotel101 unit buyers if they wanted to apply for a golden visa with their purchase of the Hotel101 units. But it is worth noting that since Hotel101 is building a fresh inventory of units, it will not reduce the existing housing inventory in Spain, but will add economic activity in Spain through the purchase of land, generation of jobs from the construction phase up to the operation of the project, plus the long term continuous recurring taxes that this project will bring in. We are excited for a long-term business endeavor, as Spain and Philippines have a very long history of cultural relationship and would bring

long term benefits to both Spain and the Philippines,” said DoubleDragon

Chairman Edgar “Injap” Sia II.

DoubleDragon happens to be one of the very few Philippine companies that has not only positioned a diversified hard asset portfolio spread out across the Philippines, but it also happens to be one of the very few that has organicwally developed a novel asset-light concept and highly unique business model in Hotel101 (HBnB) that is portable and exportable to other continents globally.

The global expansion of Hotel101 is expected to eventually become one of the major US Dollar inflow generators to the Philippines.

The Golden Visa applications are for evaluation and approval of the proper authorities of the Government of Spain, at its discretion, but the purchase of Hotel101 units may be used by the foreign buyer to comply with the 500,000 EURO Spanish real estate investment requirement.

“We have seen incredible traction in our Hotel101 projects globally, Hotel101 Madrid has done exceptionally well not only because it qualifies as an investment under the Golden Visa regime but because of the opportunity it provides retail real estate investors globally to participate in the booming hotel industry specifically in Madrid, Spain. In fact, we have seen an increasing number of local Spanish investors buying Hotel101 units in Madrid purely because they believe

in the potential revenue the project will generate once completed,” said Hotel101 Global CEO Hannah YuloLuccini.

The construction of Hotel101Madrid Spain is being undertaken by Ferrovial Construcción. Ferrovial is one of the largest construction companies in Spain.

The 680-room Hotel101-Madrid is slated for completion by the end of next year 2025, just in time for the first Formula 1 Grand Prix race to be held adjacent to Hotel101-Madrid, Spain. Hotel101-Madrid is also set to be the one of the largest hotels in Europe, and slated to be the first Hotel101 to operate outside of the Philippines, and to be followed by Hotel101 in Niseko, Hokkaido Japan, and Hotel101 in Los Angeles California USA.

The Hotel101-Madrid is located in a 6,593 square-meter prime commercial property recently purchased by Hotel101 located along Avenida Fuerzas Armadas, Valdebebas, Madrid which is surrounded by major landmark buildings and is about a three-minute walk to the Valdebebas Train Station, a four-minute walk to IFEMA convention complex, five-minute walk to Real Madrid Sports Complex, and around seven minutes to the new Madrid Barajas International Airport.

DoubleDragon Corporation’s subsidiary, Hotel101 Global, is currently in the process towards its US Listing expected in Q4 2024.

SAFC, CARMA PHL partner to Redefine Media Intelligence

SAFC, one of the leading and fastgrowing non-bank financial institutions in the Philippines, has announced a strategic collaboration with CARMA Philippines, a global leader in media insights and intelligence. This partnership signals a significant step forward in SAFC’s journey to leverage advanced media insights to elevate communications and strengthen stakeholder impact.

In today’s fast-paced media landscape, managing public sentiment is challenging.

SAFC understands the value of datadriven strategies and has partnered with CARMA to harness advanced media intelligence tools. This partnership ensures that SAFC’s messages are communicated effectively across multiple platforms, which ultimately influence

public opinion and business outcomes. CARMA, known for translating traditional media and social media data into actionable insights, has been at the vanguard of media intelligence and analysis for over 40 years. This collaboration goes beyond monitoring media presence, focusing on developing and producing data-driven narratives that align with SAFC’s mission to improve Filipinos’ financial well-being through its services.

Jeremiah Rodrigues, General Manager of Malaysia and the Philippines at CARMA Asia commented: “SAFC’s decision to work with CARMA reflects their datadriven approach to communications. We look forward to working with them to deliver the insights they need to enhance

MY AVENTUS CARD. Aventus Medical Care has officially launched My Aventus (MAV) Card, a unique initiative designed to enhance your healthcare experience with exclusive discount and loyalty incentives. With the MAV card, cardholders enjoy a 10 percent discount on all services at any Aventus clinic and earn 1 MAV point for every P100 spent. The MAV Card is transferable, has no validity period, and no maintenance fee required. All these benefits are available for just P49.00, providing exceptional value for your healthcare spending. The MAV Card represents a significant step forward in enhancing patient experience, making healthcare journey more rewarding.

INSPIRe Leadeship Consultancy, TLE Singapore partner with SMX to launch Level Up Leadership program

SMX Convention Center, through its SMX Academix platform, recently announced its collaboration with INSPIRE Leadership Consultancy and TLE Singapore for the LEVEL UP Executive Leadership Program.

This 12-week executive certificate program is designed to equip senior business leaders with advanced leadership strategies and practical tools for navigating the complexities of today’s fast-evolving business environment, particularly amid the surge of AI-driven innovations.

Set to commence in Q1 2025, the program will combine theoretical knowledge with hands-on leadership experiences, offering executives from Southeast Asia and beyond an invaluable opportunity to enhance their leadership acumen. The program will feature 10 in-person sessions at SMX Convention Center Aura, Manila, followed by four immersive days in Singapore, where participants will engage with Singaporean companies and industry leaders.

The LEVEL UP Executive Leadership Program is a collaboration between TLE Singapore, INSPIRE Leadership Consultancy, and the Singapore University of Social Sciences (SUSS), combining regional best practices and cross-cultural insights. This partnership

equips participants with the skills to navigate leadership challenges in Southeast Asia’s dynamic, fast-paced business environment.

Designed for senior executives and business owners in volatile, uncertain, complex, and ambiguous (VUCA) environments, the program covers essential topics like “Leading the Company of the Future,” “Generative AI and Leadership Practice,” and “Market Dynamics in ASEAN, China, and India,” offering actionable strategies for today’s evolving market.

Participants will benefit from personalized support, including one-on-one virtual mentorship with key facilitators such as Francis Kong, co-founder of INSPIRE and a renowned leadership expert in the Philippines. The program will also feature daily evening debriefs and networking opportunities with regional peers, fostering international collaboration.

The LEVEL UP Executive Leadership Program is limited to 25 participants to ensure an intimate and impactful learning environment. Early registration is highly recommended due to the program’s exclusivity. For more information or to register, please visit the official websites of INSPIRE Leadership Consultancy, TLE Singapore, or SMX Convention Center.

TAGAYTAY Highlands stands as the pinnacle of exclusive residential living in the Philippines, renowned for its signature log cabins and sweeping mountain views, all set against a backdrop of cool, year-round breezes. This idyllic environment perfectly complements a lifestyle of luxury and relaxation.

communications efforts and support strategic decision-making.”

Rob de Jesus, Corporate Communications Group Head of SAFC, added: “As SAFC celebrates 21 years of making Filipinos’ lives better, this partnership with CARMA comes at the perfect time. Partnering with Carma allows us to not just monitor our media presence but to understand the deeper impact of our messages. CARMA’s insights will enhance our storytelling and help create communications that resonate with our audience, elevating SAFC’s visibility and strengthening our connections with the communities we serve.” SAFC and CARMA Philippines aim to set a new standard for media intelligence in the financial sector. By integrating real-time media insights with strategic communication, this collaboration will ensure that SAFC’s messages reach the right audience and create a lasting impact. The partnership emphasizes proactive media management, allowing SAFC to shape public perception, protect its reputation, and drive its mission forward.

This collaboration combines technological innovation with expert human analysis, delivering resultsdriven strategies beyond standard media monitoring. By continually tracking media sentiment, SAFC gains a competitive edge in crafting narratives, ensuring that every story shared, every message communicated, not only reaches its audience but also leaves a lasting, positive impact.

Introducing Highlands Residences’ latest masterpiece: Ochre Tower. Designed to capture the essence of mountain living, Ochre Tower seamlessly blends indoor and outdoor adventures into a singular luxury experience.

Ochre is only one of five midrise residential buildings with five to nine floors comprising a composite design that is inspired by all things Tagaytay Highlands. Each Ochre unit is well-thought-out to provide space that strikes the perfect balance between work and leisure. From spacious living rooms meant to encourage bonding with loved ones, to tastefully designed bedrooms that offer a retreat from the stresses of daily life, Highlands Residences’ Ochre Tower is built with the uncompromising resident in mind.

Highlands Residences is thoughtfully designed around a central amenity space. This luxury feature boasts of exceptional conveniences that foster outdoor activities within a low-density setting. This means that exploring the world around is the lifestyle roadmap offered right within the community.

The central amenity incorporates convergence points such as the Bonfire area, Sunken Garden, and outdoor seating alcoves where one can either lounge and feel the cool mountain air or spend a magical night under a starry sky. Water enthusiasts can also enjoy laps in the pool or a refreshing dip in the kiddie pool. For more adventurous souls, they can enjoy the fresh air while getting physical at the Exercise Area or trek amidst the lush greens of the Nature Trail.

Renowned for its private, world-class comforts, Tagaytay Highlands ensures that Highlands Residences is

fully equipped with a range of recreational options that are carefully laid out for the exclusive enjoyment of its future residents. With breathtaking vistas, scenic Highlands views all around, and a wealth of luxurious amenities, Highlands Residences turns everyday living into a series of extraordinary experiences. Here, weekend thrills become a part of daily life, set against the stunning backdrop of Tagaytay Highlands.

Highlands Residences is a testament to Tagaytay Highlands’ commitment to excellence. SM Prime Holdings subsidiary Highlands Prime, Inc. (HPI), developer of Tagaytay Highlands, has earned accolades like the Bronze Award for Developer of the Year (Luzon) at The Outlook 2023 Philippine Real

THE latest photo of the 680-room Hotel101-Madrid Spain project site.

IN the photo are, from left, SAFC Chief Operating Officer, Jerwayne C. Corsino, SAFC President and Managing Director, Joel C. Cruz, CARMA Philippines Business Development Manager, Joanna Christina Toledo Tinio, SAFC Senior Executive Vice President, Raul Paul U. Mendoza, and SAFC Corporate Communications Group Head, Robel G. de Jesus.

Motoring BusinessMirror

MG HOLDS FIRST-EVER RIDE-AND-DRIVE

S. Peregrino

INCE SAIC Motor Philippines

Shelmed the MG brand in the country, numerous models have been brought in in less than a year. So, when they invited us to join their first-ever media ride and drive, the anticipation was there. But instead of the usual extravagant kick-off, MG opted for a day trip with a more intimate and easy-going experience. Commissioned were the MG 3 Hatch Hybrid, the G50 Plus MPV, the ZS, and the One. For this trip, our group were assigned to the G50 Plus and the One. We drove through Skyway Stage 3, NLEX, and SCTEX from the MG dealership on Quezon Avenue up to Rali’s restaurant in Subic Bay.

The G50 Plus MPV plush experience UP for the task first was MG’s new entry in the highly competitive MPV market. The top-spec G50 Plus LUX DCT utters luxury in an MPV package boasting three rows and features typically found in higherend models. Design-wise, it exudes

AJOINT report by the Chamber of Automotive Manufacturers of the Philippines, Inc. (CAMPI) and the Truck Manufacturers Association (TMA) showed the industry ending August 2024 with an annual vehicle sales of 304,765 units, a 10.3-percent increase from 276,215 units during the same period in 2023.

“This impressive growth is a testament to the confidence and support of our consumers,” CAMPI President Rommel Gutierrez said.

“This year, the Philippine market

an elegant front grille blended with the LED/Halogen headlamp combination, exclusive roof rails, and rolls on the 17-inch alloy wheels. Inside, the LUX version features a seven-seater layout highlighting captain seats in the second row and an entire leather-style interior. In terms of entertainment, there is a 12.3-inch touchscreen infotainment display supporting Apple Carplay and Android Auto. There are clustered controls in each place for easy access, and cup holders are all over. As for cabin space, this is what the G50 Plus impressed us the most. For a compact MPV, the vehicle boasts a seven-seating capacity. It is where the frame’s van-like elements factor in. Having a leveled flooring and high roofline overwhelms the headroom, particularly the last row. The absence of bulky side trims also provided lateral space to accommodate three passengers. Truth be told, headroom compensates for full-seating capacity and better air circulation inside. Moreover, the MPV even has a separate rear aircon switch and controller for rear passengers.

Behind-the-wheel, everything was blissful. The elevated seating configuration provided that comfort and good vantage point. The level of cabin noise suppression is superb for its size, even at highspeed limits. That is a definite plus factor, particularly for rear passengers. As for the ride, it leans toward the comfort side with fewer tire rebounds.

Having a 1.5-liter four-cylinder turbocharged gasoline engine generating 178 hp 280 N-m of maximum torque on paper at our disposal, we already knew what the vehicle was capable of, delivery-wise. One of the notable improvements is the seven-speed “wet-type” dualclutch transmission. Shifting has been seamless with better torque registration. Since the eco mode is by default, it was good on highways stretches, constantly on lower engine speed. But switching to sport mode became spirited with higher rpm, within the optimum range, and quick throttle response. We eventually reached the venue in Subic feeling relaxed.

Safety is also a priority, with

the G50 Plus featuring an array of safety technologies such as airbags, ABS with EBD, and a rearview camera system. Moreover, there is an anti-lock brake system, hill hold control on automatic transmission models, an electronic stability program, standard-issue parking sensors, reverse camera, cruise control, EPB with auto brake hold, and a push-button ignition system.

The head-turning MG One DRIVING back to Manila, the MG One was our next ride. Built on the SAIC Motor Intelligent Global Architecture (SIGMA) platform, it has that distinct, pronounced, and broad Sonic Boom Grille. There are also dynamic threedimensional LED headlights and taillights. Another notable design is the sloping roofline, suggesting a coupe-like profile while rolling on wide 19-inch wheels. In other words, it is basically a head-turner. Inside is all about advanced tech, convenience, and space. The main highlight is the 30inch wrap-around triple screen, which consists of a 5.4-inch touch switch screen, 12.3-inch driver

information center, and 12.3-inch touch screen infotainment system with Apple Carplay and Android Auto capabilities. The triplescreen display panels serve as a unified instrument cluster, and infotainment display. The system alone surrounds the driver and ensures essential information is instantly accessible.

There is also a smart key passive entry system with remote engine start, push-button start/stop ignition, and a wireless phone charger inside the roomy and technologically advanced interior. Notably, the dash has no conventional buttons but touch-operated switches. Another unique is the gear shifter lever with that broad handle. Of course, seats are leather-wrapped.

Behind-the-wheel, the standard 1.5-liter turbocharged gasoline engine generating 167 hp and a staggering 285 N-m of torque mated with a Continuous Variable Transmission (CVT) immediately made an impression. Acceleration was effortless despite loaded with four adults and more. Performance was this vehicle’s major strong points along with the tech features.

But the way it behaved on the road is also one of its high points. While the damping leans towards comfort, there was enough firmness for stability, good steering feedback, and made the vehicle well-planted on the freeway. There is enough legroom for rear passengers while relishing the panoramic sunroof view. As for safety, the MG ONE is equipped with an array of advanced driver assistance features. The chief safety feature is the MG Pilot, a driver assistance system that can intelligently control the car’s various features to avoid accidents and collisions. Its functions include Adaptive Cruise Control, Intelligent High-beam Control, Traffic Jam Assistance, Lane Departure Warning, Blind Spot Detection, Rear Cross Traffic Alert, and Door Opening Warning.

On top of that, the car is equipped with a 360-degree camera. Other standard inclusions are automatic emergency braking, blind-spot monitoring, rear crosstraffic alert, and up to six airbags around the vehicle. The vehicle’s rigid body structure keeps it sturdy and provides top-notch protection.

experienced product offerings, addressing various consumer needs, thanks to numerous new model releases from both established and emerging industry players. Additionally, there is growth in the sales of electric and hybrid vehicles, effectively supported by government incentives aimed at promoting environmentally friendly transportation.”

Last August, the industry sold 39,155 units, a 0.4 percent decrease from July.

Commercial vehicles (CVs) still drive the industry performance yearto-date at 224,438 units, accounting for 74 percent of total sales. Meanwhile, passenger cars registered sales of 80,327 units equivalent to 26 percent share of total sales.

Toyota remains the dominant market player with 46.15-percent share, followed by Mitsubishi with

19.2 percent, Ford 6.22 percent, Nissan 5.99 percent and Suzuki 4.33 percent. Expect more movement upwards as Christmas approaches.

LYNK links in Iloilo

LYNK & Co Iloilo is set to open in phases soon, with the showroom expected to be operational by the first quarter of 2025. The full dealership, including service facilities, is targeted for completion by July 2025.

Slated to rise in a strategic location along the bustling Iloilo

Circumferential Road 1, in Brgy. Pakiad, Oton, Iloilo, Lynk & Co

Iloilo will feature a spacious, 1000sqm showroom capable of displaying up to five vehicles at a time, with a comfortable customer lounge. It will also house multiple service bays to ensure swift periodic

maintenance servicing (PMS) for Lynk & Co owners.

“We are excited to bring the Lynk & Co experience to the vibrant city of Iloilo,” said Marc Vincent Tiu, President of MNV Auto Group, Inc., the franchise holder of Lynk & Co Iloilo. “With its growing economy and discerning clientele, we believe that Iloilo is the perfect market for this brand’s new, global, and premium offerings.”

Enrico M. Subido said Lynk & Co offers a suite of comprehensive and reliable aftersales services including a 5 year or 150,000km vehicle warranty (whichever comes first); 8 year warranty on battery and high voltage parts; 2 year free PMS; and 24/7 emergency roadside assistance via the Lynk & Co hotline at 0917 175 LYNK (5965.)

“The opening of Lynk & Co Iloilo is a testament to our commitment

to bringing the brand closer to more Filipinos,” said Froilan Dytianquin, Group Managing Director of United Asia Automotive Group, Inc. (UAAGI), the official distributor of Lynk & Co in the Philippines. “We are confident that the Visayas market will embrace Lynk & Co’s unique proposition of combining Scandinavian design, cutting-edge technology and a customer-centric approach.”

Welcome aboard, Froi.

PEE STOP Leg 2 of the TGR Philippine Cup, formerly the Vios Cup launched in 2014, had its usual smashing success last weekend before another banner crowd at Clark International Speedway in Angeles, Pampanga. One thing I like when I show up in this nowiconic, one-make race is I get to rub elbows again with dear friends from the automotive industry like

Motor

Jing

and

Revered Toyota dealers Cosco Oben (Otis, SM North Edsa, Balintawak, Marilao, etc.) and dearest Rene So (Dagupan, Baguio, San Fernando, La Union, Laoag) were also there. Seeing them all, shaking hands and just smiling at each other more than made up my

Toyota

Philippines (TMP) bigwigs

Atienza, Masa Haoka, Sherwin ChuaLim, Dino Arevalo, Danny Cruz

Tini Arevalo.

Story & photos by Randy

THE MG One in Brighton Blue (Two-Tone black roof) is a head-turner

The

World ski body, UN unite to combat climate change

GENEVA—Facing a longtime crisis in winter sports because of climate change, the International Ski and Snowboard Federation (FIS) teamed up with the United Nations (UN) weather agency on Thursday.

The initial five-year partnership between FIS and the World Meteorological Organization (WMO) aims to help national ski federations, venues and race organizers better understand weather forecasting to manage natural and artificial snow. An online meeting is set for November 7. The Switzerland-based organizations said in a joint statement “winter sports and tourism face a bleak future because of climate change” and warmer temperatures. FIS said weather issues forced the cancellation of 26 of its 616 World Cups last season across disciplines including Alpine and cross-country skiing, snowboard park and pipe, freestyle skiing and ski jumping.

“Ruined winter vacations and canceled sports fixtures are—literally— the tip of the iceberg of climate change,” WMO Secretary-General Celeste Saulo said in a statement.

Event organizers have long relied on using local water resources to make artificial snow for preparing courses and it is common to see broadcasts of races on a ribbon of white through brown and green forests and fields.

“The climate crisis is obviously far bigger than FIS, or sports, for that matter,” its president Johan Eliasch said.

“It is a genuine crossroads for mankind.

“It is true, though, that climate change is, simply put, an existential threat to skiing and snowboarding.”

As global temperatures rise, the International Olympic Committee has said by 2040 just 10 countries could have a “climate-reliable” outlook to host snow events at a Winter Games.

The 2022 Beijing Winter Games

CLIMATE change, simply put, is an existential threat to skiing and snowboarding. AP

relied entirely on artificial snow to stage Alpine races about 90 kilometers north of the city in mountains that get almost no natural snowfall.

Saudi Arabia is creating a ski resort with a man-made lake near the futuristic city Project Neom and preparing to host the 2029 Asian Winter Games.

OctOBer 4, 2024

Jun Lomibao

In Switzerland, the federal weather office has said Alpine glaciers have lost about 60 percent of their volume since 1850.

“The thawing of frozen ground in mountain, arctic and sub-arctic regions has direct consequences on the stability of infrastructures built on it, as well as contributing to increasing the amount of carbon in the atmosphere,” the WMO said.

Less snow is falling at lower altitudes up to 800 meters (2,600 feet), with the number of snowfall days halved since 1970, the Geneva-based UN agency said.

The volume of Switzerland’s glaciers shrank again this summer, compounding the negative impact of climate change after a devastating two-year run that depleted the ice by more than 10 percent , scientific experts reported Tuesday.

The cryosphere observation team at the Swiss Academy of Sciences reported that high temperatures in July and August, combined with the heatabsorbing impact of reddish-yellow dust blown northward from the Sahara Desert onto Swiss glaciers, led to a loss of 2.5 percent of their volume this year.

The shrinkage came despite “extremely favorable” conditions through June, the academy said, thanks to 30 percent more snowfall in the preceding winter compared to average levels, meaning that the glaciers had an extra layer of protective covering of snow—before temperatures rose.

“August saw the greatest loss of ice recorded since measurements began,” the academy said in a statement summarizing the findings. AP

Meralco wins, SMB loses in EASL Season 2 opener

HOME teams Meralco and San Miguel Beer suffered contrasting fates in the kickoff leg of the East Asia Super League (EASL) Season 2 at the Mall of Asia Arena on Wednesday night.

The Bolts spoiled the league debut of the Macau Black Bears, 97-85, while the Beermen were ambushed by the Suwon KT Sonicboom of Korea, 87-81.

Chris Newsome topscored for 18 points and imports Allen Durham and DJ Kennedy each had 17 points for Meralco, which led by as many as 19 points late in the game.

Gilas Pilipinas naturalized player

Ange Kouame added nine points and nine rebounds despite playing just 17 minutes in his first game in the regional league.

The Black Bears, runner up to Zamboanga Valientes in The Asian Tournament Grand Finals two months ago, went to their towering frontcourt of Will Artino, Sam Deguara and Jeantall Cylla but were still no match against the reigning Philippine Cup champions despite the three combining for 54 points and 32 rebounds.

“It’s nice to win our first game here in the country. We played with a lot of pride, although we didn’t play our best

TCompetitions will be in the 12-, 14-, 16-, 18- and 19- under women’s

game,” said coach Luigi Trillo, whose Bolts are coming off a three-game sweep by Barangay Ginebra Kings in the Philippine Basketball Association Governors Cup quarterfinals. “At least we got one over here in our home turf.”

Unfortunately, the same can’t be said of San Miguel Beer, which couldn’t sustain a fine first half against the Korean Basketball League runner up.

The Beermen were outscored by the Sonicboom in the third quarter, 29-19, to take a six-point lead with them going to the final quarter.

The defending Commissioner’s Cup champion threatened for the last time at 75-73, but the Sonicboom dropped a telling 9-0 blast sparked by import Rayshaun Hammonds to make it a 12-point contest for the Sokors.

Hammonds finished with 39 points and 14 rebounds, while accounting for seven of Suwon KT’s output during that game-changing run.

Heo Hoon, son of the great Korean gunner Hur Jae and the 2020 KBL MVP, added 17 points and nine assists.

EJ Anosike finished with 34 points and seven rebounds, while June Mar Fajardo with 19 points and nine rebounds for San Miguel.

BACOLOD City’s Inno Flores delivered the standout performance of the day in the International Container Terminal Services Inc. (ICTSI) Junior Philippine Golf Tour National Match Play Finals by eliminating top seed AJ Wacan, 3&1, to secure a spot in the semifinals of the boys’ 13-15 division at The Country Club in Santa Rosa City on Thursday.

Flores battled through a playoff for the final quarterfinal spot and carried that momentum into his match by taking early control at the back nine and maintaining his dominance throughout to pull off a surprise win over the Davao-based Wacan, who topped the stroke play eliminations with an impressive 72. Flores now faces Marikina City’s Jose Carlos Taruc, who dispatched John Majgen Gomez, 4&3.

In the girls’ contest, Bukidnon’s Clement Ordeneza and Manila’s Armand Copok will compete for the other finals berth in the series sponsored by ICTSI and organized by Pilipinas Golf Tournaments Inc. Ordeneza cruised past Cebu’s Nyito Tiongko, 8&6, while Copok overpowered Las Piñas City’s John Paul Agustin Jr., 6&4. In the boys’ 16-18 division, Biñan’s Zachary Villaroman outlasted Bukidnon’s Simon Wahing from in a nail-biting match, winning the final hole, No. 9, to barge into the semifinals against Davao’s Aldrien Gialon, who edged Bacolod City’s John Paul Oro, 1-up. Meanwhile, top seed Mark Kobayashi of Parañaque City beat Bukidnon’s Cliff Nuñeza, 5&4, and set up a much-anticipated semifinal clash with Cavite’s Patrick Tambalque, who

with Necky was incredibly inspiring. She has the power to motivate not just me, but many aspiring golfers,” Gaccion said. “Despite hitting the ball with just one hand, regardless of the distance, she never gave up. That resilience is something special, and it made me even more grateful for the many blessings in life.”

OUBLE gold medalist Carlos Yulo and his fellow Paris Olympians were recently feted by Aice Ice Cream in the “Saludo, Atletang Pilipino” Thanksgiving Celebration.

Aice is the International Olympic Committee’s Worldwide Olympic Partner and Official Ice Cream of the Philippine Olympic team to Paris and the Philippine Olympic Committee. Besides Yulo, also honored were twotime Olympic boxing medalist Nesthy Petecio, two-time Olympian boxer Eumir Marcial, rower Joanie Delgaco and boxer Hergie Bacyadan.

“Thank you to Aice for your support and trust to us Olympians,” Yulo said. “Thank you too for your avid support to sports.” Gymnastics association president Cynthia Carrion and Philippine Olympic Committee marketing head and former champion triathlete Nikko Huelgas, along with special guests from Lima Land Inc. and the Philippine Economic Zone Authority, also attended the event. The group were given a tour of the Aice factory in Batangas after the thanksgiving ceremony at the Holiday Inn and Suites LimaPark.

“Our mission has always been to spread happiness through our ice cream and celebrate the incredible spirit of sports,” Aice Philippines’ Brand Manager Shereene Yu De Leon said. “‘Saludo, Atletang Pilipino’ is a testament to our unwavering support for them throughout their journey, from preparation to their triumphant return home.”

The victory also lined up Gaccion to an explosive match with Cebu’s Apple Gotiong, who overpowered Angelica Bañez at the backside to fashion out a 5&3 victory. No. 2 seed Lia Duque of Southwoods advanced to the semifinals of the girls’ premier division with a commanding 7&5 win over Rhiena Sinfuego from Iloilo. Duque will meet Rafa Anciano of Mandaluyong City, who staged a comeback from 2-down to edge Del Monte’s Crista Miñoza, 1-up. In girls’ 10-12 class, top seed Brittany Tamayo from South Cotabao smothered Bacolod’s Chelsea Ogborne, 8&6, to seal a face-off with Maurysse Abalos from Mandaluyong, who drove past Cebuana Kelsey Bernardino, 4&3, while Aerin Chan, also from Mandaluyong, toppled Casedy Cuenca from QC, 6&5, for an interesting semis matchup with Quincy Pilac from Pasay, who upended Bukidnon’s Rafella Batican, 4&2.

Reyes, Cajayon aiming to repeat as Highlands Ladies Cup champs

ARILYN REYES and Arman

MCajayon are returning to the Highlands Ladies Cup with a mission—to defend their titles in the 16th staging of the annual event set Saturday at the Tagaytay Midlands Golf Club.

Reyes, a 13-handicapper, secured the Class A trophy in the ladies division last year with a net 69, edging out Micah Barrera by one, while Cajayon captured the men’s Class B crown with a net 70, pulling off a one-stroke victory over Generoso Mamaril, who is also out to improve on his finish last year.

Keen competition is also seen in the overall gross and net championships as well as in Class A of both the ladies and men’s divisions and in Classes B and C in ladies and men’s classes, respectively. The sold-out tournament will be played across both the Midlands and Lucky 9 courses, providing participants

TOP seed Ally Gaccion and Inno Flores study the line of their putts.

HE Second Coach Nic Jorge 3x3 Cup fires off on Saturday in Pangasinan and Pampanga with the developmental league, organized by the Jorge family, continuing the tradition of the pioneering Basketball Efficiency and Scientific Training Center. Teams from Lucena, Iriga, Baguio, Pagadian, Roxas, Cagayan de Oro, Bukidnon, Iligan, Iloilo, Bacolod, Zamboanga, Ozamis, Dipolog, Antique and the National Capital Region are seeing action in the tournament.