BusinessMirror November 22, 2024

PHL economic reforms pique Canadian firms’

By Malou Talosig-Bartolome

CANADA is deploying one of its largest trade delegations to the Philippines next month, to be led by its Minister of Export Promotion, International Trade and Economic Development Mary Ng.

“This is not a typical trade mission. This is a very powerhouse delegation,” Guy Boileau, counsellor and senior trade commissioner of the Canadian Embassy in Manila said in a press conference Thursday.

The Team Canada Trade Mission (TCTM) will be on its last leg of the Indo-Pacific tour next week. They will go to Jakarta first on December and then proceed Manila on December 4 for a three-day visit.

The trade delegation includes Al -

berta’s Minister of Jobs, Economy and Trade Matt Jones. Around 20 industry associations such as Business Council of Canada composed of chief executive officers as members, and the Canada-Asean Business Council.

Boileau said Canadian small and medium enterprises as well as large companies from agricultural, clean technology, infrastructure development, information technology, defense, aerospace and education sectors will join the delegation.

The delegates will get a chance to network with Filipino business leaders, attend business matching sessions, conduct on-site visits to companies, and attend meetings with industry players and conglomerates.

The last time Canada sent such a large delegation to Manila was in

1997, during the visit of then Prime Minister Jean Chrétien.

Boileau said there has been an increasing interest lately among Canadian business owners in investing in the Philippines.

He said this is because the Philippines has made significant reforms in the past few years. These include the amended Public Service Act that allows foreigners to have 100 percent ownership in key sectors such as telecommunications, airlines, and railway.

Canadian investors in renewable energy also welcomed the liberalization of the renewable energy sector, the recently signed CREATE MORE that clarified some taxation issues, the Public Private Partnership Code, and the recently amended government procurement law.

“Those are all very positive signals to international investors, to exports including those in Canada.

“These investors are looking for a stable and predictable

WEAK PESO MAY SPUR INFLATION—ANALYSTS

By Cai U. Ordinario @caiordinario

FILIPINOS should brace for higher commodity prices in the coming months if the depreciation of the

IT takes more than a spoonful of food—or in this case, cash—to fix the malnutrition afflicting millions of Filipino children.

The Pantawid Pamilyang Pilipino Program (4Ps) program, hailed as the government’s recipe for combating poverty and undernutrition, may need a stronger dose of reform to achieve its intend

The Philippine Institute for Development Studies (PIDS) revealed that while the conditional cash transfer (CCT) program initially showed promise in reducing severe stunting among children, subsequent evaluations indicated inconclusive results.

By Samuel P. Medenilla @sam_medenilla

RESIDENT Ferdinand Marcos Jr. on Thursday said the completion of the new P200-billion integrated solar and battery storage facility of the Manila Electric Company (Meralco) in Nueva Ecija will not only generate thousands of jobs, but also help meet the country’s renewable energy target.

“By leveraging our abundant solar resources, the Terra Solar Project will help stabilize our power supply, reduce energy costs, and contribute significantly to our target of 35 percent renewable energy share in the power generation mix by the year 2030,” Marcos said at the groundbreaking for the Meralco Terra Solar (MTS) project. It is billed as the world’s largest integrated solar and battery storage facility.

President Ferdinand R. Marcos Jr. and Meralco Chairman Manuel V. Pangilinan co-led the groundbreaking ceremony, alongside leaders from Meralco, Meralco PowerGen Corporation (MGen), SP New Energy Corporation (SPNEC), and Actis.

r E capacity I N a statement, Meralco said the co untry’s renewable energy capac

ity already stands at 29.7 percent.

Located in the Municipality of Peñaranda, Nueva Ecija, the MTS will produce 3,500 megawatts of solar power for the Luzon grid and have 4,500 megawatt-hours of battery energy storage once it becomes fully operational in 2027.

Marcos said the project will become the largest solar plant and

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By Bless Aubrey Ogerio

BuCor transfers 300 drug convicts to Mindoro prisons

By Joel R. San Juan @jrsanjuan1573

THE Bureau of Corrections on Thursday announced the transfer of 300 drug convicts from the New Bilibid Prisons in Muntinlupa City to Sablayan Prison and Penal Farm in Occidental Mindoro.

Corrections Director General Gre -

gorio Pio P. Catapang Jr. said the t r ansfer was made in line with the directive of Justice Secretary Crispin Remulla to consolidate all prisoners involved in drug-related cases into a single Supermax facility.

The transfer is also part of BuCor’s continuous anti-illegal drug campaign in line with Marcos administration’s “bloodless drug campaign,” C atapang said. Initially, the BuCor chief said, the bureau planned to transfer 100 pris -

“The issue here is imported food, especially with the impact of the typhoon. But most likely (we will see the impact) next year because Christmas goods (have been prepositioned),” Alvin P. Ang, an economist in a regional think tank, told BusinessMirror on Thursday.

Ang expects the peso to hover around P58 to the dollar but the “psychological barrier” would still be P60 to the greenback. Jonathan Ravelas, senior adviser at professional services firm Reyes Tacandong & Co., agreed and said the weaker peso will lead to higher commodity prices mainly because he expects the peso to hit P60 in the next one to three months.

oners or persons deprived of liberty ( PDL) to the Sablayan facility late last week but it was postponed owing to the recent spate of typhoons and at the recommendation of the Coast Guard, for their safety.

The PDLs were transported to SPPF on board ten commercial buses under the supervision of 90 BuCor staff members, who included BuCor special weapons and tactics teams, medical personnel, and an escort team, complemented by Muntinlupa policemen a s w ell as Southern Luzon Expressway (Slex) and Southern Tagalog Arterial Road (Star) patrol units.

Earlier, the BuCor also implemented a ban on the use of cellular t e lephones without exception at its facilities.

The cellular telephone ban covers uniformed personnel, civilian

This will likely be the case if the Monetary Board decides to cut rates by 50 basis points (bps). Ravelas said, however, that cutting rates may be "necessary” given the uncertainties created by a Trump presidency.

“(We need to) stabilize growth and (there is) no harm to do a 50-bps cut except a weaker Philippine peso. Good for spending, good for banks’ balance sheet and tourism,” Ravelas said.

Meanwhile, Ateneo de Manila Uni -

s t aff members, visitors, and anyone else entering the premises of the National Headquarters-BuCor Offices, New Bilibid Camps, and various operational prisons and p e nal farms (OPPFs) all over the country.

A thorough inspection was also ordered for implementation at all entry and exit points of OPPFs to deter the smuggling of electronic devices.

I n a ddition, prison superintendents were ordered to r e gularly inspect facilities, and conduct unscheduled checks of prison dormitories and workspaces occupied by BuCor personnel to prevent entry and use of prohibited items.

versity economist Leonardon Lanzona Jr. said the weak peso will benefit Overseas Filipino workers (OFWs), business process outsourcing (BPO) firms, and select exports.

However, Lanzona said importers could suffer and lead to higher commodity prices. The “knee-jerk reaction” is for the BSP to “defend the peso by supplying more dollars in the market.”

He said, this is not advisable as this is not sustainable since part of the country’s debts will become more expensive due to the depreciation.

“Another option is to raise interest rates once again to bring down inflationary expectations and limit the government’s debt,” Lanzona told the BusinessMirror

“I would (also) encourage more exports and trade in services to defend our currency. With the remittances in the Christmas season, a rise in trade in both goods and services will bring back the value of the peso," he added.

This week, Bangko Sentral ng Pilipinas (BSP) Governor Eli M. Remolona Jr. confirmed that the BSP has been intervening in the foreign exchange market. But these interventions are limited to “small amounts,” just enough to prevent a sharp depreciation of the currency.

It may be noted that since the Philippines is a net food and oil importer, a sharp depreciation, or high exchange rate volatility, could become inflationary.

“No, we don’t worry so much about whether the peso depreciates or appreciates. We worry about the pass-through effect. But for now, medyo okay pa naman,” Remolona, however, said.

Bloomberg’s gauge of the currency fell for a third day on Tuesday after rising to a twoyear high last week. Momentum indicators are signaling further upside may be limited in the short-term. Investor flow has become less one-sided, according to traders, and views about the currency’s direction are starting to become more circumspect (See: https://businessmirror.com.ph/2024/11/21/phl-pesofalls-to-25-month-low-against-thegreenback/).

4Ps...

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Statistical significance was observed only in specific metrics, such a s s tunting under certain conditions, leaving questions about the p r ogram’s overall effectiveness in addressing malnutrition.

As undernutrition remained a persistent problem in the country, with one in three children still s t unted and wasting rates exceeding national targets, the 4Ps program was launched in 2007 and i n stitutionalized through Republic Act 11310 in 2019.

4Ps program aims to improve human capital among low-income households by providing financial aid contingent on compliance with health, nutrition, and education requirements.

Based on the survey of the Food and Nutrition Research Institute in 2021, the Philippines had made significant progress in reducing child m a lnutrition from 1989 to 2019. Stunting decreased from 45 percent to 28.8 percent, underweight from 30 percent to 19 percent, and wasting from 6 percent to 5.8 percent.

De s pite receiving substantial funding, accounting for over 60 percent of the Department of Social Welfare and Development’s b u dget between 2016 and 2020, the program has struggled to meet its goals.

From 2008 to 2021, the Commission on Audit data in 2022 showed t h at an estimated P537.39 billion

PBBM...

Continued from A16

“This project will energize over 2 million households and reduce carbon emissions by more than 4.3 million metric tons annually,”

Marcos said.

He said it will also generate over 10,000 jobs and generate nearly P23 billion in financial benefits.

The President assured everyone that the government will extend the necessary aid to Meralco for the completion of the project.

“We are working towards a steady and reliable power supply that will meet the demands of today and continuously fuel our ambitions for tomorrow. Projects like Terra Solar bring us closer to that vision,” Marcos said.

“I call on all the government agencies— national, local, and private sector entities— to fully support this endeavor by ensuring its timely completion,” he added.

“Today we take a leap towards the future driven by innovation and sustained by our collective hope for a cleaner and greener Philippines. We stand together at the site of what will become the largest integrated solar and battery storage facility in the world— the Terra Solar Project. This landmark project will put our country on the map as a leader in renewable energy,” President Marcos Jr. said during the ceremony.

“The Terra Solar power project is designed to address two critical challenges of our time: the surging demand for electricity and the pressing need to shift to renewable and sustainable sources of energy,” he added.

The $4 billion (over P200 billion) MTerra Solar Project will involve 3,500 megawatts peak (MWp) photovoltaic (PV) capacity, complemented by a 4,500 megawatt-hours (MWhr) Battery Energy Storage System (BESS) capacity. Its first phase covers 2,500 MW.

The project will be located in five towns— Gapan, General Tinio, , Peñaranda, and San Leonardo all in Nueva Ecija, and San Miguel, Bulacan.

Energy Secretary Raphael P.M. Lotilla commended TSPI and partner, Actis, for their commitment to the Philippine energy sector.

“This major investment in solar and energy storage technology is a crucial step toward

in cash grants was distributed to over four million households, benefiting approximately nine million c h ildren across 41,676 barangays. However, the study found that the program’s impact was negligible across key nutrition indicators, i nc luding height-for-age z-scores, weight-for-age z-scores, and wasting prevalence. Factors such as insufficient cash transfers, program d e sign flaws, and gaps in implementation and monitoring were c i ted as potential reasons for the limited impact.

Socioeconomic, cultural, and environmental differences were mentioned as contextual factors that influenced how households utilized financial aid. Additionally, unintended effects like rising f o od prices in beneficiary communities may have constrained the p r ogram’s effectiveness.

Beneficiary households faced challenges in meeting dietary requirements as food costs increased, e x acerbating poor nutritional outcomes for non-beneficiaries.

T he inconsistency in the findings on 4Ps may be because the c a sh transfers were insufficient to make sustained changes in children’s nutritional outcomes,” the s t udy noted. As a solution, PIDS researchers Alyssa Villanueva, Valerie Gilbert Ulep, and Rosela Agcaoili emphasized the need for the government t o t ake a closer examination of the 4Ps and refine CCT programs to achieve tangible results in improving child nutrition and overall health.

achieving our goal of increasing the share of renewables in the energy mix, reducing our carbon footprint and addressing electricity demand in Luzon. It not only enhances our energy security and resilience but will also contribute to our broader economic development by creating jobs and promoting sustainable growth,” Lotilla said.

During the construction phase until its long-term operations, the project is expected to create significant jobs across various sectors, including engineering, construction, manufacturing, maintenance and management of solar plant, battery storage systems, and the associated transmission infrastructure. “This will provide a much-needed boost to the economy, offering employment opportunities to skilled workers and contributing to the development of local communities,” Lotilla added.

This milestone project aligns seamlessly with the government’s goal of achieving a 35-percent renewable energy mix by 2030 and 50 percent by 2040. As of late 2023, the country’s installed renewable energy capacity stands at almost 30 percent of total energy mix, underscoring the urgency for stakeholders to accelerate efforts toward a greener energy future.

The MTerra Solar Project is set to deliver clean solar energy under a 20-year, 850 MW mid-merit power supply agreement to Meralco. The initial block of 600 MW is slated for delivery by February 2026, while the remaining 250 MW will follow in February 2027. This not only conforms with the Renewable Portfolio Standards of the Department of Energy (DOE) but also reinforces Meralco’s pledge to source 1,500 MW of its power supply requirements from renewable energy. TSPI earlier entered into a strategic partnership with UK-based Actis for a 40-percent interest in the project valued at $600 million (approximately P34 billion)—the largest foreign direct investment for a greenfield infrastructure project in the Philippines to date. Recently, TSPI awarded the Engineering, Procurement, and Construction (EPC) contract for the project to China Energy Engineering Corporation (Energy China). It also tapped engaged Meralco Industrial Engineering Services Corp. (Miescor) to link the flagship solar development to the Luzon

asked the local government to ensure “the efficient utilization” of the P10-million budget to renovate the Caticlan jetty port and its com -

pletion before the start of the habagat (southwest monsoon) season; expedite the upgrade of the Caticlan airport by engaging with [project proponent] San Miguel Corp.; endorse initiatives to turn Caticlan into an international airport; reintroduce beach amenities, such as chairs and tables, improve the marketing of the island as a “fun, relaxing, and welcoming destination”; and ensure the continued participation of the MICE Alliance of Boracay, Boracay Island Travel Agency & Tour Operators Association, Malay Tour Guide Association, and the Korean Residents Organization of Boracay in international trade events to ensure the continuous promotion of the island abroad.

House committee orders PSA, NBI, PNP to unmask ‘Mary Grace Piattos,’ others

By Jovee Marie N. dela Cruz

@joveemarie

HE House of Representatives’ Commit -

Ttee on Good Government and Public Accountability has tasked government agencies with verifying the identities of individuals, including “Mary Grace Piattos,” who were listed as recipients of multimillion-peso confidential and intelligence funds (CIFs) disbursed by the Office of the Vice President (OVP) and the Department of Education under Vice President Sara Duterte.

The panel, chaired by Manila Rep. Joel Chua, resolved to seek assistance from the Philippine Statistics Authority (PSA), the National Bureau of Investigation (NBI), and the National Police (PNP) through a motion.

This, as Speaker Ferdinand Martin Romualdez on Thursday called on Vice President Sara Duterte to personally address the growing controversy surrounding the alleged misuse of funds in her office, emphasizing the need for clarity and accountability.

Right now, Romualdez said it seems like only one of Duterte officials has a grasp of what truly happened, and the public deserves to hear the complete story directly from her.

“She needs to step up, take an oath, speak out, and explain because it seems like only one of her officials knows what happened to the funds,” Romualdez said.

As the country’s second-highest official, Vice President Duterte has the responsibility to provide transparency and reassurance to

the Filipino people, especially amid rising concerns over public trust in government institutions.

Calculated strategy

IN a separate statement, House Majority Leader Manuel Jose M. Dalipe minced no words as he called out Vice President Duterte for what he described as a calculated strategy of evasion and deflection to avoid accountability for the alleged misuse of P612.5 million in confidential funds allocated to the Office of the Vice President (OVP) and the Department of Education (DepEd) under her watch.

Addressing the Vice President, Dalipe said: “Huwagkangpa-victim. Tamanaang pambubudol The Vice President should stop using her staff as human shield. It is about time she face Congress, answer the questions, and stop blaming others for her failures and fear of accountability.”

The Majority Leader was reacting to Duterte’s claim that her staff and officials, whom she described as non-politicians, did not deserve the scrutiny brought by the House’s investigation into the alleged misuse of confidential funds under the OVP and DepEd, which she led until resigning as Education Secretary in July.

Dalipe dismissed Duterte’s remarks as “yet another budol tactic from the Vice Pr esident.”

“The Vice President has been hiding while letting her staff take the heat. This is pure cowardice disguised as victimhood,”

Dalipe added.

House panel callin PSA, NBI, PNP

THE motion, introduced by Assistant Majority Leader and Ako Bicol Rep. Jil Bongalon, came after his interpellation of lawyer Gloria Camora of the Commission on Audit (COA) regarding irregularities in acknowledgment receipts (ARs) submitted by the OVP to justify its spending.

“I would like to move that this dubious, spurious, and highly irregular [ARs] be referred to the [PSA] to verify the names enumerated therein if these persons really exist,” Bongalon said.

Bongalon also called for handwriting and signature examinations by the NBI and PNP to determine the authenticity of the ARs, with “Mary Grace Piattos” as a priority.

“I would like to move also that the [ARs] be referred to the [NBI] and the [PNP] for them to assist us in conducting a handwriting or signature examination to verify whether the recipients of these confidential funds are real or not, with Ms. Mary Grace Piattos as the first priority,” he added.

Both motions were approved by the Chua committee.

Bongalon flagged ARs totaling P26.32 million for bearing dates outside the covered period, raising concerns over their legitimacy.

These receipts were used by the OVP to justify P500 million in CIFs disbursed in four installments of P125 million, beginning in

late 2022 and continuing through the first three quarters of 2023.

The COA previously disallowed P73.28 million of the initial P125 million, citing improper spending by the OVP within just 11 days in December 2022.

The remaining P375 million, spent in 2023, is under scrutiny after audit observation memoranda revealed multiple irregularities.

Bongalon noted that while some of the ARs were included in previous disallowances, an additional P17.6 million remains unaccounted for and could be subject to further COA disallowance.

The name “Mary Grace Piattos” has sparked public curiosity and suspicion due to its resemblance to popular Filipino brands—“Mary Grace,” a chain of cafes, and “Piattos,” a well-known snack brand.

Lawmakers have suggested the name might be fictitious, further casting doubt on the receipts and the individuals listed as recipients.

The PSA will verify the existence of the names that appear on the receipts, while the NBI and PNP will conduct handwriting and signature examinations to determine who might have prepared them.

These investigations are expected to provide critical insights into the legitimacy of the transactions and the potential misuse of CIFs.

The NBI and the PNP have samples of the handwriting of all individuals who have applied for clearance from the two law enforces agencies.

Senator hits lack of consultation on Laguna de Bay, Pasig projects

disruptions

TBy Jonathan L. Mayuga @jonlmayuga

HE deaths attributed to tropical cyclones Nika, O fel, and Pepito rose to 12 on Thursday, with the National Disaster Risk Reduction and Management Council (NDRRMC) adding three more victims to the list as of Thursday morning.

In its November 21 situation report, the NDRRMC said the casualty count has increased 12 killed, 16 injured and four missing.

The NDRRMC said five of the 12 reported deaths and 11 of the 16 reported injuries were validated.

Displaced persons

NDRRMC said a total of 1,354,802 persons from the Ilocos, Cagayan Valley, Central Luzon, Calabarzon (Cavite, Laguna, Batangas, Rizal and Quezon), Mimaropa (Mindoro, Marinduque, Romblon and Palawan), Bicol and Metro Manila were pre-emptively evacuated.

The NDRRMC report said a total of 429,852 persons were displaced and brought to the 2,331 evacuation centers that have been put up by the government.

The three cyclones have affected 939,936 families or 3,506,920 persons in 6,356 barangays, 482 cities and towns in 34 provinces.

A total of 346 areas in the Ilocos, Cagayan Valley, Central Luzon, and Bicol were affected by flooding. So far, 51,921 houses have been reported damaged.

Damage to infrastructure: P2 billion

THE NDRRMC said 276 public infrastructures, including roads, bridges, government facilities, flood control, utility service facilities, and health facilities were damaged.

The estimated cost to public infrastructure was placed at P2,032,677,190.

The NDRRMC Response Cluster reported in the wake of the three cyclones, a total of P2.4 billion on standby funds and prepositioned relief stockpiles from the Department of Social Welfare and Development (DSWD) and Office of the Civil Defense were made available in the disaster-stricken areas.

So far, P219.8 billion worth of assistance were provided to the affected families, with 312,235 famiily food packs and other food items distributred in seven regions.

Tabang Bicol, Tindog Oragon rolled out THE House of Representatives has rolled out the “Tabang Bicol, Tindog Oragon” initiative, delivering nearly P850 million in aid to residents of the Bicol Region severely affected by recent typhoons, and v owed to study the construction of water-impounding facilities in flood-prone areas in the region.

In partnership with the Department of Social Welfare and Development (DSWD), the initiative is set to benefit around 170,000 families through a range of relief and recovery efforts.

House Committee on Appropriations Chairman and Ako Bicol Rep. Zaldy Co thanked Speaker Martin Romualdez for the relief mission.

“Through this program, we w ere able t o bring substantial help to families struggling to rebuild their lives. The Bicolano spirit of resilience, coupled with this generous support, will ensure that recovery is within reach,” he said.

“Our sincerest gratitude to Speaker Martin and the House of Representatives for bringing hope and concrete assistance to our people. Through this program, we can significantly aid many Bicolanos in recovering from the successive typhoons,” he added.

Butch Fernandez @butchfBM I

Maynilad set to commission water reclamation, sewerage facility

By Jonathan L. Mayuga @joveemarie

AYNILAD Water Services Inc.

M(Maynilad) is now preparing for the testing and commissioning of its new P1.6-billion water reclamation facility (WRF) and sewer conveyance system in barangay Cupang, Muntinlupa City.

The commissioning of the new facility marks a critical step leading to its full-scale operation by year-end.

Named the Cupang Water Reclamation Facility, the treatment plant has a design capacity to treat up to 46 million liters of wastewater per day.

It utilizes Conventional Activated Sludge technology to effectively remove pollutants from wastewater, contributing to a cleaner ecosystem.

Once fully operational, it will serve approximately 33,000 customers at barangays Sucat, Buli, Cupang and Bayanan in Muntinlupa, ensuring that wastewater generated by these communities is properly treated before being discharged.

“Wastewater management is essential to safeguard both public health and the environment, which is why we continue to invest in projects that ensure the proper treatment and disposal of wastewater. The construction of this new WRF in Cupang, Muntinlupa, is part of our long-term strategy to expand sewerage services across the entire West Zone,” said Maynilad President and Chief Executive Officer Ramoncito S. Fernandez.

In addition to the Cupang Water Reclamation Facility, Maynilad is nearing completion of the Tunasan Water Reclamation Facility, another major WRF in Muntinlupa. Together, these two facilities will substantially increase Maynilad’s sewerage coverage in the city, ultimately advancing thecompany’s mission to provide sustainable solutions for its c ustomers.

Maynilad is the largest private water concessionaire in the Philippines in terms of customer base.

It is a concessionaire of the Metropolitan Waterworks and Sewerage System (MWSS) for the West Zone of the Greater Manila Area, which is composed of the cities of Manila (certain portions), Quezon City (certain portions), Makati (west of South Super Highway), Caloocan, Pasay, Parañaque, Las Piñas, Muntinlupa, Valenzuela, Navotas and Malabon all in Metro Manila; the cities of Cavite, Bacoor and Imus, and the towns of Kawit, Noveleta and Rosario, all in Cavite Province.

Marcos eyes SUCs as seedling banks

PBy Samuel P. Medenilla @sam_medenilla

RESIDENT Marcos wants to reduce the country’s reliance on agricultural imports by boosting seed production with State Universities and Colleges (SUC) as main implementers.

During his eigth meeting with the Private Sector Advisory Council (Psac)—Agriculture Sector in Malacañang on Wednesday, Marcos proposed that SUCs engage the graduates of their agriculture programs in establishing seed production initiatives.

With SUCs focusing on seed production, farmers will be able to specialize on growing crops, he said.

“The farmers can take care of the actual growing of seedlings. These new agronomists, agriculturists can be [the] ones doing seed production,” the Chief Executive said.

He noted that SUCs should increase their seed production by transitioning it from laboratory to commercial levels with the help of the government through contract

farming.

“If we help them [SUCs] along, they’ll do it. The university will also be able to earn,” Marcos said.

The President announced the government plans to increase the number of seedling nurseries nationwide to boost the country’s vegetable and rice production during his speech at the distribution of Certificates of Land Ownership Award (Cloa) and Certificates of Condonation with Release of Mortgage in Pampanga on Thursday.

“ Nagi -import pa tayo ng mga seedling. K ayang - kaya naman nating gawin dito sa Pilipinas. Kaya ’t yan po ang ating bagong programa para paramihin ang seedling production dito sa Pilipinas Hindi na tayo magi -import. [We import seedlings when we have the capability to produce those here in the Philippines. So, that is our new program to increase seedling production here in the Philippines. We will no longer import [seedlings],” he said.

Marcos led in the distribution of 30 Certificates of Land Ownership (Cloas) and 2,939 Certificates of Condonation with Release of

AMCen expands to Zamboanga, boosts 3D printing accessibility

THE Metals Industry Research and Development Center (MIRDC) formalized the expansion of the Advanced Manufacturing Center (AMCen) to Zamboanga City with the signing of a memorandum of agreement (MOA) on Wednesday.

Coinciding with the 2024 Regional Science and Technology Week celebration in Region 9 or the Zamboanga Peninsula, the new facility, hosted by the Research Innovation Center for Metals and Engineering of the Western Mindanao State University, extended AMCen’s reach beyond its initial hub in Bicutan, Taguig City.

While the Taguig facility— a national technology hub for

additive manufacturing—primarily serves Metro Manila stakeholders, the regional expansion aims to make advanced manufacturing technologies, including 3D printing, more accessible throughout the country.

“What good are the tools without the people who will be using these tools?” MIRDC chief Robert Dizon said. “That’s the role of MIRDC. We will give further training, further support.”

Dizon acknowledged the contributions of partners MakerLab and Puzzlebox, which provided much of the equipment for the Zamboanga facility.

“MIRDC has a pool of very technical and well-trained operators and technicians, and even designers

Mortgage (Cocroms) to nearly 2,500 Agrarian Reform Beneficiaries (ARBS) in the province. A total of 2,487 ARBS received Cocroms while 28 others received their Cloas.

Chairman Prospero E. de Vera III of the Commission on Higher Education (CHED) reported there are 70 SUCs with agriculture programs nationwide. He said 15 have facilities for coconut production, while others “have unused lands that can be repurposed for seedling production through agreements with the Department of Agriculture (DA).”

Marcos called for the SUC involvement after Psac member Aileen Uygongco-Ongkauko of the La Filipina Uy Gongco Group stressed the importance of the country boosting its production of hybrid seeds to increase rice production.

In her presentation at the Psac meeting, Ongkauko said there is already an increasing demand for hybrid seeds, which she said are mostly imported, since hybrid rice hectares in the Philippines grew to 32 percent from 17 percent.

of 3D printing products and services. They have trained well, they have provided training... the trained operators of these machines, of this equipment,” he said.

Globally, the 3D printing market was valued at $20.37 billion in 2023 and is expected to grow at a compound annual growth rate of 23.5 percent from 2024 to 2030, according to Grand View Research.

In the Philippines, 6W Research forecasts a 15.3 percent annual growth rate for the sector during the same period, with market concentration slightly declining from 3,768 in 2017 to 3,658 in 2023.

Additive manufacturing offers advantages such as rapid prototyping, complex design flexibility, and reduced material waste.

For advanced printing needs, the Zamboanga AMCen will collaborate with the Taguig center, ensuring stakeholders can access technologies like metal 3D printing. Bless Aubrey Ogerio

DOST chief advocates shift to green economy

By Bless Aubrey Ogerio

HIT by consecutive typhoons and worsening climate threats, the Philippines faces severe risks as one of the world’s most vulnerable nations to natural disasters.

In response, Science and Technology Secretary Renato Solidum Jr. on Wednesday emphasized a shift to a green economy to build “sustainability” and “resiliency.”

“How can we adapt and rebuild in a way that protects our people, livelihoods, and our environment? Our answer lies by raising a green economy, an approach that redefines economic growth by prioritizing sustainability and resiliency,” Solidum said at the 2024 Regional Science, Technology, and Innovation Week (RSTW) in Zamboanga City.

Referring to the event’s theme, “Siyensya, Teknolohiya at Inobasyon: Kabalikat sa Matatag, Magingawa, at Panatag na Kinabukasan,” Solidum underscored the role of science, technology, and innovation in addressing today’s challenges and shaping a more resilient future.

He noted that adopting a green economy will not only aid recovery from disasters but also enable communities to thrive in a world increasingly shaped by climate change. “We must not only survive, but thrive. In science, technology, and innovation, we are laying the groundwork for inclusive growth and national resilience,” he added.

Projects highlighted include SETUP, which has assisted over 570 micro, small, and medium enterprises in modernizing operations and enhancing products,

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PAF aircraft bring aid to Catanduanes PHILIPPINE Air Force (PAF) transport aircraft continued to deliver essential food supplies to communities in Catanduanes severely battered by Super Typhoon Pepito as part of ongoing recovery initiatives for regions severely affected by the series of cyclones.

“Two PAF airlift assets, a C-130 and an NC-212i, were deployed

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projects to Public Works Secretary Manuel Bonoan during the recent Senate plenary deliberations on the proposed 2025 budget of the department.

“We asked you a thousand times... Hindi ninyo kami kinonsulta,” Cayetano told Bonoan regarding the LLRN project., which affects his home city of Taguig.

Despite the DPWH’s consultations with towns along the project’s path, no consultation was done with the City of Taguig, where eight kilometers of the project will be situated, Cayetano lamented.

Cayetano said the project has worsened traffic congestion in parts of the city due to insufficient coordination with the city’s officials.

“Thirty minutes for less than one kilometer [ang tr affic]. Hindi pa todo rush hour iyon kaya sabi ko kay Secretary, may problematayoroonatbakakailanganninyo na maglagay ng flyover [Thirty minutes to naviga te less than one kilometer. It’s not even rush hour. I told the Secretary, there may be a need to build a flyover], he said.

Proving his point on poor planning, Cayetano highlighted the issue regarding the Department of Science and Technol -

and around 40 projects under the Community Empowerment for Science and Technology Program, supported by partnerships with five local government units.

“We have seen advancements in sustainable farming practices, energy-efficient systems, and the development of eco-friendly products,” he said. “These innovations not only contribute to environmental protection, but also create new markets, generate jobs, and improve the quality of life in our communities.”

The International Labor Organization’s green jobs mapping in 2014 revealed that even green jobs were present in both formal and informal sectors, the labor market data on available opportunities is lacking.

Reflecting on the impact of the Covid-19 pandemic, Solidum emphasized the importance of protecting both lives and livelihoods.“We have seen how unpreparedness for big scale threats can lead to loss of livelihoods for businesses,” he said.

Acknowledging that innovation is a continuous process rather than a “one-time” effort, he said, “It is a continuous process, so we need to be engaging with all of you in the industry.” He added, “We must also consider new ideas, invest in research, and build stronger partnerships across sectors to ensure that our region remains competitive and resilient in a rapidly changing world.”

The first day of the RSTW event took place at the West Mindanao State University Gym, featuring exhibits of various innovations, prototypes, and products, with students from different Mindanao schools in attendance.

from Pasay City to Virac Airport in Catanduanes to transport essential relief supplies, including 800 boxes of family food packs, provided by the Department of Social Welfare and Development,” the spokesperson for the Air Force, Col. Ma. Consuelo Castillo said in a statement Wednesday.

With government relief operations still ongoing, Castillo said the PAF will remain a steadfast and reliable partner in the nation’s disaster response and recovery efforts. With Jovee Marie N. dela Cruz, and Re x Anthony Naval

ogy (DOST) compound in Taguig, where constructing a flyover to alleviate traffic congestion is deemed unfeasible, because the DOST said certain construction equipment may cause some of their sensitive equipment to shake and thus lead to wrong readings or results.

As for the Parex project, a proposed highway over the Pasig River, Cayetano questioned whether it was being planned thoroughly to avoid the pitfalls of the LLRN project.

“Many urban planners have posted that in [South] Korea they want to remove highways on top of rivers, so why will we cover parts of the Pasig River?” he said. Cayetano said he will also raise the issue with the Department of Transportation (DOTr), the lead agency for the Parex project. While the senator is not completely against these projects, he emphasized the importance of proper and sufficient consultations with all stakeholders for future DPWH projects rather than mere bureaucratic box-ticking.

“Ang ginawa ng mga tao ninyo, paappointment nang pa-appointment, nagtatambakngmgadokumento,perowalang tunaynaconsultation[What your people did is, you simply set appointments; dumped documents on parties, but there was no real consultation],” he said.

PH, NZ vow to boost defense ties as Gibo meets counterpart

By Rex Anthony Naval

THE Philippines and New Zealand reaffirmed their commitment to further enhance their defense ties.

This as Secretary of National Defense (SND) Gilberto Teodoro and New Zealand Defense Minister Judith Collins discussed security concerns and avenues for collaboration during a bilateral meeting on the sidelines of the Association of Southeast Asian Nations (Asean) Defense Ministers’ Meeting (ADMM) on Wednesday.

“Secretary Teodoro underscored the importance of a rulesbased international order to promote peace and stability in the region. He emphasized the need for collective efforts to address security challenges, particularly those stemming from non-state actors, which he noted are affecting not only the Philippines but other countries as well,” the spokesman for the Department of

National Defense, Assistant Secretary Arsenio Andolong, said in a statement Thursday.

During the meeting, Collins expressed New Zealand’s deep concern over developments in the West Philippine Sea and offered her country’s support to the Philippines.

“She also highlighted the strong relationship between the two nations and their shared interest in regional security and cooperation,” Andolong said. The two defense chiefs acknowledged the growing importance of collaboration in addressing non-traditional security threats, including humanitarian assistance and disaster response.

“Secretary Teodoro welcomed engagements in this area, stating that ‘we need it now more than ever’,” Andolong said. Both countries reaffirmed their openness to explore new opportunities to address emerging challenges and deepen defense cooperation in the future.

DigiPlus closer to securing Brazil’s gaming license

AMING firm DigiPlus Interactive Corp.

Gon Thursday said its wholly owned subsidiary DigiPlus Brazil Interactive Ltd. has moved up to the final stages of acquiring an online gaming license.

In a disclosure to the Philippine Stock Exchange (PSE), the company said it has passed the qualification stage for a federal license with Brazil’s Ministry of Finance’s Secretariat of Awards and Bets.

“This milestone advances DigiPlus into the final stages of the licensing process, bringing it closer to participation in Brazil’s newly regulated iGaming sector, one of Latin America’s most dynamic and rapidly growing gaming markets.”

DigiPlus said it will now have 30 days to fulfill post-qualification regulatory requirements, including platform certification and license fee payments.

After completing the post-qualification requirements, the Brazilian regulator will release the final list of oper ators authorized to operate from January 1, 2025 onwards.

Once finalized, it would enable DigiPlus to operate online sports betting and other iGaming offerings in Brazil.

With a population exceeding 200 million and great enthusiasm for sports betting, Brazil represents a significant growth opportunity for DigiPlus, the company said.

“We are committed to bringing DigiPlus’ expertise in responsible and innovative

gaming to Brazil,” Digiplus Chairman Eusebio Tanco said.

“As we navigate the final steps of the licensing process, we remain confident in our ability to align with Brazil’s regulatory requirements and introduce world-class gaming experiences to this dynamic market. This underscores our dedication to expanding into a new region while maintaining our focus on the Philippines as our core market.”

DigiPlus President Andy Tsui said during the PSE’s Strengthening Access and Reach (STAR) Investor Day Brazil has a big population, which is about two times as the Philippines, and also with a deep rooted passion for sports.

“We understand that the market size is about $2 billion for 2024 and we expect it to grow about 15 to 20 percent over the next five years. So the market size may reach to around 44 billion by 2029.

“Basically we can leverage our existing platform and making necessary change to meet the local compliance requirements. At the same time, we understand that the product is very similar to what we offer in the Philippines, so we start certainly better prepared for the game offering,” he said. Tsui said the license will be valid for five years and will cost around $6 million for the five-year period.

“We also exploring options to working with a local partner so that we can kick start a little faster.” VG Cabuag

Go supports Remulla DILG nomination, cites gov’s creds

SEN . Christopher “Bong” Go expressed his strong support for the ad interim appointment of Jonvic Remulla as Secretary of the Department of the Interior and Local Government (DILG).

Citing Remulla’s extensive experience and leadership in Cavite, Go underscored the nominee’s readiness to lead the department and serve the Filipino people with distinction.

“Mr. Chair, allow me to express my utmost support for the ad interim appointment of Secretary Jonvic Remulla as Secretary of the Department of the Interior and Local Government,” Go stated as he opened his remarks.

Recognizing Remulla’s achievements during his tenure as governor of Cavite, Go highlighted the nominee’s capacity to bring effective governance to a larger national stage.

“Undoubtedly, our appointee is a man of principle, dignity, and honor. Malaki po ang atingtiwalasakanya.Sakanyangdekadang pamamalakad sa probinsiya po ng Cavite, si Governor-Secretary Remulla ay best suited, experienced, and highly qualified na maging kinatawan at mukha ng kagawaran ng DILG. Bagaynabagaypoitosakanya,” Go emphasized.

The senator expressed optimism that under Remulla’s leadership, the DILG would continue its mission to improve governance and public service delivery.

“With Gov-Sec. Remulla at the helm, I am confident that the department will continue to thrive and serve the public with excellence,” Go said.

Global body names SEC overseas employer of ‘24

By VG Cabuag @Villygc

INTERNATIONAL standardsetting body Investors in People (IiP) has recognized the Securities and Exchange Commission

(SEC) as one of the world’s best employers.

The Overseas Employer of the Year Award was received by the SEC during a ceremony held in London, in the United Kingdom. This recognition reflects the commitment of the SEC to the growth and wellbeing of its employees through capacity-building programs, effective employee communication, and advancements in human resource management practices.

US

Other organizations nominated in the same category were Cyprus Costas Papaellinas OrganizationCyprus Pharmaceutical Organization Ltd. and the Philippines Rua Seguridad Corp.

The IiP Awards recognize global enterprises and small businesses alike for their commitment to improving workplace wellbeing, promoting growth and nurturing

an environment for employees to thrive.

It also recognizes best practices in specific categories such as best apprenticeship program, best culture, best use of technology, diversity and inclusion, and leadership and management, among others.

“We are honored to be named the Overseas Employer of the Year in the IiP Awards 2024, as this recognition serves as another testament to the steadfast commitment of the commission in upholding the highest standards in ensuring the welfare of our employees,” SEC Chairman Emilio B. Aquino said.

“Under our SuperVision 2028, our goal as a regulator is to transform the Philippine corporate sector and capital market into one of the best in Southeast Asia. However, we cannot achieve this

without investing in our most valuable asset—our people—to make sure that they have the right skills and mindset, and a positive and nurturing environment where they can thrive and best provide our stakeholders with top-notch services.”

In February, the SEC secured accreditation from the Londonbased IiP after demonstrating high-standard practices in promoting employees’ welfare. The agency is the first in the government financial sector and the third national government agency to receive the IiP accreditation for people management.

In September, IiP Philippines conferred to the SEC the People Investor of the Year - Special Citation Award for fostering a supporting and rewarding work environment for its employees.

confirms directly aiding PHL in Ayungin

By Malou Talosig-Bartolome

THE United States has finally confirmed long-standing suspicions by China that it is helping the Philippines in its resupply missions to Ayungin Shoal in the West Philippine Sea.

At the conclusion of his twoday visit to the Philippines, US Defense Secretary Lloyd J. Austin III tweeted a seemingly routinary by-the-way post.

“I visited the Command and Control Fusion Center in Palawan today. I also met with some American service members deployed to US Task Force Ayungin, and I thanked them for their hard work on behalf of the American people and our alliances and partnerships in this region,” Austin wrote on X November 19.

The US Embassy in Manila confirmed that the task force was indeed for military operational matters in Ayungin Shoal (international name: Second Thomas Shoal), a rock outcrop some 225 nautical miles away from Palawan.

“Task Force-Ayungin enhances US-Philippine Alliance coordination and interoperability

Reaffirming his commitment to the fight against criminality, illegal drugs, and corruption—core priorities of the DILG—Go encouraged Remulla to sustain efforts that align with the department’s mandate.

“Pagpatuloy niyo lang po na labanan po angilegalnadroga,kriminalidad,atkorapsyon sagobyerno,” he remarked. Ending his speech on a personal note, Go extended his best wishes to the nominee.

“I have full faith and confidence not only in your ability but also in your heart for our fellow countrymen. Maramingsalamatpoat congratulations,” he concluded.

Earlier, Go also expressed his full support for the proposed 2025 budget of the DILG, which includes funding for the National Youth Commission (NYC). As an attached agency under the DILG, NYC plays a vital role in implementing youth-focused programs, from leadership development to livelihood training.

As Chairperson of the Senate Committee on Youth, Go emphasized the importance of ensuring that NYC is adequately funded to empower the younger generation.

“AngpondopoparasaNYC ayhindilamang tungkolsaprogramakundisakinabukasanng bawat kabataang Pilipino. Mahalaga pong bigyan sila ng sapat na suporta, bukod sa budgetupangmaipatupadangmgaproyekto atsuportahanangmgapangangailanganng kabataan,” Go said.

“Ang kabataan ang pag-asa ng bayan at future leaders ng ating bansa,” he added, stressing the need to equip the youth with the tools they need to succeed.

by enabling US forces to support Armed Forces of the Philippines activities in the South China Sea,” US Embassy spokesperson Kanishka Gangopaddhyay said in a statement.

China has been complaining that US has been interfering in the South China Sea dispute.

It cited instances when longrange maritime patrol planes P-8 Poseidon planes are seen hovering areas near Ayungin Shoal whenever the Armed Forces Western Command deploys civilian boats to ferry supplies to soldiers stationed at marooned BRP Sierra Madre on the shoal.

The US Embassy said Task Force Ayungin is an “initiative” that “aligns with multiple lines of cooperation” between the American and Philippine forces.

The TF Ayungin aligns with the objectives of the Mutual Defense Board-Security Engagement Board – the policy making body of two military that identifies cooperation activities including Balikatan and joint sail.

The US and the Philippine militaries also have a standing arrangement under Bantay Dagat. This maritime framework enable

both armed forces to work together to increase maritime domain awareness and confront maritime challenges together.

Not surprising between allies ASIDE from these two frameworks, the US Embassy stressed that both countries have “longstanding shared efforts to address regional challenges, foster stability, and promote a free and open Indo-Pacific region.”

Dr. Jay Batongbacal, director of the University of the Philippines’ Institute for Maritime Affairs and Law of Sea, said Austin’s announcement was “not surprising.”

“We are allies after all, there are particular taskings and assignments. This is just one of them. There have been many other arrangements or mechanisms in place that we never heard about because it has been a long-standing alliance,” Batongbacal told BusinessMirror

He said cooperation activities require people and temporary offices.

Asked on why Austin purposely leaked this operational military detail, Batongbacal replied, “I wouldn’t speculate on

DBM defends tweaks in diplomats’ allowances

By Reine Juvierre S. Alberto @reine_alberto

THE Department of Budget and Management (DBM) defended the adjusted allowances for foreign service personnel (FSP) were guided by internationally accepted metrics amid claims from diplomats that the changes would reduce instead of increasing their overseas allowance.

“Quantitative data, based on internationally accepted metrics, were used, complemented by qualitative findings to ensure that all perspectives were considered, leading to a well-rounded and equitable outcome,” Budget Secretary Amenah F. Pangandaman told the BusinessMirror on Thursday.

The BusinessMirror reported that some diplomats said Executive Order No. 73, updating the overseas allowance (OA), living quarters allowance (LQA) and representation allowance (RA), family allowance (FA) and education allowance (EA), reduced the allowances of diplomats who will be assigned in some cities.

(See: https://businessmirror. com.ph/2024/11/18/diplomatsgrumble-what-allowance-increase/)

Diplomats had said the problem with the latest EO was that indices for overseas allowance in 72 countries or cities with a high cost of living have decreased. Indices for living quarters allowance in 73 countries or cities also decreased.

Embassies or consulates in Australia; Belgium; Brazil; Beijing, China; Denmark; France; Frankfurt, Germany; Italy; Japan; The Netherlands; Norway; Portugal; Russia; Spain; Sweden; Turkey; United Kingdom; and Vatican saw a notable decrease in allowance indices while only 17 foreign service posts saw an increase in indices.  Some of those that saw an increase were places where the cost of living is much lower than in the countries where the indices declined.

Pangandaman said global inflation rates, buying/purchasing power of the US dollar over time and the United Nations International Civil Service Commission (UN ICSC) consumer indices were used in the

review of the allowances.

This resulted in the increase in base rates for OA and LQA by at least 35 percent but not more than 40 percent, spread over four tranches.

“We understand that despite the adjustment in the OA and LQA base rates, there will be FSPs who would be affected by changes in the indices of their respective posts. This is unavoidable given the rapid and unpredictable changes in global economic conditions,” Pangandaman added.

To mitigate potential allowance reductions, Pangandaman said the EO includes a non-diminution provision that allows affected personnel to continue receiving their current OA, LQA and Representation Allowance (RA) during their tour of duty.

However, this does not address concerns for those transferring to new posts with downgraded indices.

For example, New York has an OA and LQA index of 100, of which the assigned FSP will receive 100 percent of the adjusted OA and LQA base rates.

Meanwhile, in Tokyo, which has

his reason or purposes of mentioning it. It could easily be an unguarded moment.”

Austin’s trip to the Philippines is part of his farewell tour to the Indo-Pacific region. He is expected to relinquish his post in January next year to his successor, Fox News anchor Pete Hegseth. Batongbacal said one way to look at Austin’s X post could be this: the US is “signaling” to China it continues to help the Philippines in the South China Sea despite a change in the defense leadership. He also noted that despite the presence of the Americans in the South China Sea, they are not directly confronting or stopping the Chinese from harassing Philippine vessels in Ayungin Shoal. “It’s proof that the Americans are not the ones in charge [in the South China Sea]. It shows that the Philippines is leading the decisionmaking there. The Americans are just there to support. Otherwise, if the Americans are doing all of these stuff, dapat early on, matagal nang nagbangayan ang mga ‘yan [early on, those two would have been clashing already],” he explained.

a lower cost of living than New York and an OA index of 81, the FSP will receive 81 percent of the adjusted base rate.

The OA is provided to adjust the take-home pay of FSP to account for differences in living costs, foreign currency fluctuations, and necessary expenses incurred abroad while the LQA ensures personnel can live appropriately for their representative roles without supplementing their basic salary.

“We recognize the invaluable contributions of our FSP, and that is why we are committed to continuously ensure that their compensation packages adequately reflect their dedication and the level of complexity of their assignments,” Pangandaman said, adding the adjustments underwent extensive and systematic study and consultations with stakeholders in close coordination with the DFA.

President Ferdinand R. Marcos Jr. issued EO 73 on October 30, 2024, which adjusted the allowances after a decade.

Next year, a total of P974.98 million will be allocated for foreign service personnel allowances under the MPBF in the 2025 National Expenditure Program (NEP).

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Editor: Angel R. Calso

Israel demands right to strike Hezbollah in US-sponsored cease-fire negotiations

By Tia Goldenberg & Kareem Chehayeb The Associated Press

JERUSALEM—Israeli officials demanded Wednesday the freedom to strike Lebanon’s Hezbollah as part of any cease-fire deal, raising a potential complication as a top US envoy was in the region attempting to clinch an agreement.

The development came as an airstrike hit the historic Syrian town of Palmyra, killing 36 people, according to Syrian state-run media, which blamed the attack on Israel. The Israeli military declined to comment.

Israeli Defense Minister Israel Katz and Foreign Minister Gideon Saar each said Israel sought to reserve the right to respond to any violations by Hezbollah under an emerging proposal, which would push the militant group’s fighters and Israeli ground forces out of a UN buffer zone in southern Lebanon.

There have been signs of progress on the cease-fire deal and on Wednesday, Hezbollah leader Naim Kassem said the Lebanese militant group supports the ongoing negotiations but has “some reservations” and rejects a provision for “freedom of movement” for Israeli troops in Lebanon.

“In any agreement we will reach, we will have to maintain our freedom to act if there will be violations,” Israeli Foreign Minister Saar told diplomats in Jerusalem. Katz said “the condition for any political settlement in Lebanon” was the right for Israel’s military “to act and protect the citizens of Israel from Hezbollah.”

Amos Hochstein, the Biden administration’s point man on Israel and Lebanon, has been working to push the sides toward agreement and meeting this week with officials in Lebanon. He said Wednesday he would travel to Israel to “try to bring this to a close if we can.”

Emerging deal would push Hezbollah and Israel out of southern Lebanon

HEZBOLLAH began firing into Israel on October 8, 2023, in solidarity with Hamas after its attack on southern Israel that sparked the war in the Gaza Strip. Israel has been responding with strikes in Lebanon, and dramatically escalated its bombardment in late September by launching a ground invasion just inside the border.

In the more than a year of exchanges, more than 3,500 people have been killed in Lebanon, most in the past month, the Health Ministry reported, and over 1 million people have been displaced. It’s un -

known how many of the dead were Hezbollah fighters. On Wednesday, 11 more were killed across Lebanon, according to the ministry and Lebanese state media.

In Israel, more than 70 people have been killed by Hezbollah fire, and tens of thousands have fled their homes. Israeli police said a Hezbollah rocket fell outside an empty kindergarten Wednesday in the northern city of Acre, causing damage but no injuries.

Hochstein’s proposal is based on UN resolution that ended the 2006 war between Hezbollah and Israel. It stipulates that only the Lebanese army and UN peacekeepers should operate in southern Lebanon.

Still, Hezbollah never fully ended its presence in the south. Lebanon accuses Israel of also violating the resolution by maintaining hold of a small, disputed border area and conducting frequent military overflights.

Israel says that Hezbollah has since built up a military infrastructure in villages and towns in southern Lebanon.

The current proposal would include an implementation plan and a monitoring system to ensure each side follows its obligations to fully withdraw from the south. That could involve the United States and France, but details are still unclear.

There’s been progress, but no done deal yet

THE Israeli ministers didn’t outline details of Israel’s demand to maintain freedom of operation. Since the 2006 war, Israel has struck Hezbollah on the few occasions when border violence flared up, but any large-scale response could push the region back into turmoil.

It’s also unlikely Lebanon would agree to a deal that permits Israeli violations of its sovereignty.

Hezbollah’s leader Kassem said Wednesday that any cease-fire must include “a complete and comprehensive end to the aggression,” preserving Lebanon’s sovereignty and ruling out any freedom of movement for Israel in Lebanese territory.

Though the proposal attempts to nail down an implementation

mechanism, the failure to fully implement the UN resolution after the 2006 war could point to difficulties in getting the sides to uphold a sustainable cease-fire that would bring long-term quiet.

Israel has continued to pound Hezbollah, and rockets have continued to rain down on northern Israel. Any perceived escalation could derail the talks.

Even with Israel-Hezbollah cease-fire, the war in Gaza would grind on THE war in Gaza is now in its 14th month as Israel battles Hamas in the territory. The death toll has soared to nearly 44,000 dead— over half of them women and children, according to local health officials, who do not distinguish between civilians and combatants in their count.

Fifteen people, including five children and three women, were killed in various strikes in Gaza Wednesday, according to an AP journalist who counted the bodies at hospitals.

Hezbollah has said throughout the war in Gaza that it won’t stop firing at Israel until the fighting in the Palestinian territory ends, but that condition was dropped in September after Israel intensified its offensive on the militant group, killing its top leadership and degrading its military capabilities.

That leaves Gaza waiting for a cease-fire of its own as a humanitarian crisis has displaced much of the territory’s 2.3 million people and prompted widespread hunger, especially in the north, where the United Nations says virtually no food or humanitarian aid has been delivered to for more than 40 days because of the Israeli military’s siege.

International mediation has stalled repeatedly amid disagreement between Israel and Hamas over whether the war should end as part of a cease-fire deal, with Israel insisting it wants to maintain troop presence in certain areas.

The US on Wednesday vetoed a UN resolution calling for a ceasefire in Gaza because it was not linked to an immediate release of hostages taken captive by Hamas

Hamas ignited the war in Gaza when its fighters stormed into Israel on October 7, 2023, killing some 1,200 people, mostly civilians, and abducting around 250. Around 100 hostages are still inside Gaza, at least a third of them believed to be dead.

Other tumultuous areas of the Middle East won’t likely be affected by a Hezbollah-Israel cease-fire, including Syria.

Israel frequently targets military sites and facilities associated with Iran-linked groups in Syria but rarely acknowledges the strikes. The death toll from Wednesday’s strike in Palmyra was unusually high.

The Syrian news agency SANA said that along wit the 36 killed, the strike on Palmyra also wounded more than 50 people and caused “significant material damage to the targeted buildings” and the surrounding area. Palmyra is known for the historic Roman temple complex nearby, but it wasn’t immediately clear if the ruins were damaged.

The complex suffered significant damage years ago, during the Islamic State group’s rampage across Syria.

Chehayeb reported from Beirut.

AN explosion can be seen along Israel’s northern border with Lebanon on Wednesday, November 20, 2024. AP/OHAD ZWIGENBERG

www.businessmirror.com.ph

Friday, November 22, 2024

Asean defense chiefs convene amid rising tensions in South China Sea

By Jintamas Saksornchai The Associated Press

VIENTIANE, Laos— Southeast Asian defense chiefs met Thursday with China, the United States and other partner nations in Laos for security talks, which come as Beijing’s increasingly assertive stance in its claim to most of the South China Sea is leading to more confrontations.

The closed-door talks put US Secretary of Defense Lloyd Austin and Chinese Defense Minister Dong Jun in the same room a day after Dong refused a request to meet with Austin one-on-one on the sidelines of the Asean Defense Ministers Meetings.

The US and China have been working to improve frayed military-to-military communications and Austin said he regretted Dong’s decision, calling it “a setback for the whole region.”

The Asean meetings come as member nations are looking warily toward the change in American administrations at a time of increasing maritime disputes with China. The US has firmly pushed a “free and open Indo-Pacific” policy under outgoing President Joe Biden and it is not yet clear how the incoming administration of President-elect Donald Trump will address the South China Sea situation.

In addition to the United States and China, other nations attending the Asean meeting from outside Southeast Asia include Japan, South Korea,

India, Russia, Australia and New Zealand.

The meetings with the Asean dialogue partners were also expected to address tensions in the Korean Peninsula, the RussiaUkraine war, and wars in the Middle East.

Before heading to Laos, Austin concluded meetings in Australia with officials there and with Japan’s defense minister. They pledged to support Asean and expressed their “serious concern about destabilizing actions in the East and South China Seas, including dangerous conduct by the People’s Republic of China against Philippines and other coastal state vessels.”

Along with the Philippines, Asean members Vietnam, Malaysia and Brunei have competing claims with China in the South China Sea, which Beijing claims almost entirely as its own territory.

Indonesia, Thailand, Singapore, Myanmar, Cambodia and Laos are the other Asean members.

As China has grown more assertive in pushing its territorial claims in recent years, it and Asean have been negotiating a code of conduct to govern behavior in the sea, but progress has been slow.

Officials have agreed to try to complete the code by 2026, but talks have been hampered by thorny issues, including disagreements over whether the pact should be binding.

Chinese and Philippine vessels have clashed repeatedly this

US to give antipersonnel mines to Ukraine to help slow the Russian advance amid escalating conflict

By Samya Kullab, Illia Novikov, Matthew Lee & Lolita C. Baldor

The Associated Press

KYIV, Ukraine—The Biden administration announced Wednesday that it will give Ukraine antipersonnel mines to help it slow Russia’s battlefield advances, marking the second major shift on US military support for Kyiv in days.

After allowing Ukraine to use longerrange American missiles to launch strikes deeper into Russia, US Defense Secretary Lloyd Austin said the shift in Washington’s policy on antipersonnel land mines for Ukraine was needed to counter changing Russian tactics.

The war, which reached its 1,000-day milestone on Tuesday, has largely been going Russia’s way. Moscow’s bigger army is slowly pushing Ukraine’s forces backward in the eastern Donetsk region, while Ukrainian civilians are being maimed and killed by Russian drones and missiles often fired from inside Russia.

Individual ground troops, rather than forces more protected in armored carriers, are leading the Russian battlefield advance, so Ukraine has “a need for things that can help slow down that effort,” Austin said during a trip to Laos.

The announcement comes two months before Donald Trump replaces Joe Biden in the White House. Trump has pledged to swiftly end the war and has criticized the amount the US has spent on supporting Ukraine.

Biden administration officials say they are determined to help Ukraine as much as possible before he leaves office, and they announced Wednesday that the US intends to cancel half of the debt—some $4.6 billion—Ukraine owes to the country. State Department spokesman Matthew Miller said US lawmakers were informed of the move this week, and that he doesn’t expect them to pass a resolution of disapproval to try to stop the loan forgiveness because of the bipartisan support for Ukraine in the current Congress.

year, and Vietnam in October charged that Chinese forces assaulted its fishermen in disputed areas in the South China Sea. China has also sent patrol vessels to areas that Indonesia and Malaysia claim as their exclusive economic zones.

Another thorny regional issue is the civil war and humanitarian crisis in Asean member Myanmar. The group’s credibility has been severely tested by the war in Myanmar, where the army ousted an elected government in 2021, and fighting has continued with pro-democracy guerillas and ethnic rebels.

More than a year into an offensive initiated by three militias and joined by other resistance groups, observers estimate the military controls less than half the country.

Myanmar military rulers have been barred from Asean meetings since late 2021, but this year the country has been represented by high-level bureaucrats, including at the summit in October.

At the defense meetings, the country is represented by Zaw Naing Win, director of the Defense Ministry’s International Affairs Department.

Meetings on Wednesday also discussed military cooperation, transnational haze, disinformation, border security and transnational crimes such as drugs, cyberscams and human trafficking, Thai Defense Ministry spokesperson Thanathip Sawangsang said.

The steps taken to help Ukraine— along with unconfirmed reports Wednesday of Ukraine firing a certain British cruise missile at Russia for the first time—were likely to vex Moscow.

The US and some other Western embassies in Kyiv temporarily closed on Wednesday in response to the threat of a potentially major Russian aerial attack on the Ukrainian capital.

Humanitarian groups have long criticized the use of antipersonnel mines because they present a lingering threat to civilians. Amnesty International called the US decision “reckless” and a “deeply disappointing setback.” And Norway’s foreign minister, Espen Barth Eide, called it “very problematic” because Ukraine is a signatory to an international convention opposing the use of land mines.

Austin pointed out that Ukraine already makes its own antipersonnel mines, and that the US has been providing Ukraine with anti-tank mines. He also tried to allay concerns about the new mines the US is giving Kyiv, saying they are not persistent, meaning troops can control when they would self-detonate.

“That makes it far more safer eventually than the things that they are creating on their own,” Austin said.

The mines are electrically fused and powered by batteries so that when the battery runs out, they won’t detonate. They can become inert in anywhere from four hours to two weeks. Russia already uses land mines in Ukraine, but those don’t become inert over time.

The United States also sought commitments from the Ukrainians on the use of the mines to limit harm to innocent civilians, according to a US official who spoke on condition of anonymity to discuss internal deliberations. Ukraine would use the mines in its own country and would not put them in civilian populated areas.

The mines are contained in a $275 million package of new military assistance announced by the Biden administration Wednesday. Also included in the pack -

age are High Mobility Artillery Rocket Systems, or HIMARS, as well as 155 mm and 105 mm artillery rounds, Javelin antiarmor munitions, and other equipment and spare parts.

The war has taken on a growing international dimension with the arrival of North Korean troops to help Russia on the battlefield—a development that US officials said prompted Biden’s policy shift on allowing Ukraine to fire longer-range US missiles into Russia and that angered the Kremlin.

Britain had been quietly pressing the U.S. to ease restrictions on how Western-supplied missiles are used, and unconfirmed news reports Wednesday said Ukraine had fired British-made Storm Shadow cruise missiles at Russia for the first time. British and Ukrainian officials didn’t confirm the reports.

Officials with France’s military and president’s office, meanwhile, declined to say whether Ukraine is using French long-range SCALP missiles to strike targets in Russia, citing France’s military secrecy policy. French President Emmanuel Macron has been pushing for such a step for months.

After the Biden administration allowed Ukraine to attack Russia with longer-range American-made ATACMS missiles, Russian President Vladimir Putin lowered the threshold for using his nuclear arsenal, with the new doctrine announced Tuesday permitting a potential nuclear response by Moscow even to a conventional attack on Russia by any nation that is supported by a nuclear power.

That could potentially include Ukrainian attacks backed by the US. The American diplomatic mission in Kyiv said Wednesday that it had received a warning about a potentially significant Russian air attack on the Ukrainian capital and closed the embassy for several hours before reopening. The Spanish, Italian and Greek embassies also closed, but the UK government and France said that their embassies remained open.

Climate finance talks stall at COP29 as key funding figures remain blank

By Sibi Arasu & Michael Phillis The Associated Press

BAKU, Azerbaijan—A new draft text released early Thursday which will form the basis of any deal reached at United Nations climate talks on money for developing countries to transition to clean energy and adapt to climate change left out a crucial sticking point: how much wealthy nations will pay.

Negotiators at the talks— known as COP29—in Baku, Azerbaijan are trying to close the gap between the $1.3 trillion the developing world says is needed in climate finance and the few hundred billion that negotiators say richer nations have been prepared to give.

But the EU’s climate envoy Wopke Hoekstra told a meeting of negotiators set up by the COP29 Presidency on Thursday that “the text we now have in front of us, in our view, is imbalanced, unworkable, and not acceptable.”

is a blank piece of paper,” he said.

Iskander Erzini Vernoit, director of Moroccan climate thinktank Imal Initiative for Climate and Development, said he was “at a loss for words at how disappointed we are at this stage to have come this far without serious numbers on the table and serious engagement from the developed countries.”

He said that some developed nations “are slowly waking up” to the fact that keeping warming to below 1.5 degrees Celsius (2.7 degrees Fahrenheit) above pre-industrial times will require over a trillion dollars in finance. “But many are still asleep at the wheel,” he said.

meetings reported that negotiators have now agreed on not expanding the list of countries that will contribute to global climate funds—at least at these talks.

Linda Kalcher, of the think tank Strategic Partnerships, said on the question of grants or loans, the draft text suggests “the need for grants and better access to finance.”

She added that the lack of numbers in the draft text could be a “bluff.” The COP29 presidency, which prepares the texts “should know more...than what they put on the table,” she said.

Independent experts say that at least $1 trillion is needed in finance to help transition away from planet-warming fossil fuels and toward clean energy like solar and wind, better adapt to the effects of climate change and pay for losses and damages caused by extreme weather.

Mariana Paoli, of Christian Aid, also laid the blame at the feet of developed nations.

No figure for climate cash leaves many disappointed MOHAMED ADOW, director of the think tank Power Shift Africa, also disappointment at the lack of a figure. “We came here to talk about money. The way you measure money is with numbers. We need a cheque but all we have right now

“Rich countries had one job to do: lay out how much finance they are going to provide, but there’s no actual numbers in the latest text,” she said. “It’s like developed countries are saying the dog ate their homework.

A draft deal of two extremes LI SHUO, Asia Society Policy Institute Director, said the draft text on money “presents two extreme ends of the aisle without much in between.”

The talks’ presidency—that

puts the drafts together based on the negotiations—“has not delivered as we had expected,” said German climate envoy Jennifer Morgan.

“We are confronted with a text on finance that is laid out to divide us, exactly at a time when the presidency should be working to unite us,” she said. “Instead of bridging divides we see extreme positions.”

In a statement, the COP29 Presidency stressed that the drafts “are not final.”

“The COP29 Presidency’s door is always open, and we welcome any bridging proposals that the parties

‘Bomb cyclone’ kills 2, knocks out power to half a million homes in US Northwest

By Martha Bellisle, Hallie Golden & Lisa Baumann

The Associated Press

ISSAQUAH, Wash.—A major storm battered the US Northwest with strong winds and rain, causing widespread power outages, closing schools and downing trees that killed at least two people.

The Weather Prediction Center issued excessive rainfall risks through Friday, and hurricaneforce wind warnings were in effect as the strongest atmospheric river—a large plume of moisture— that California and the Pacific Northwest has seen this season overwhelmed the region. The storm system, which hit starting Tuesday, is considered a “bomb cyclone,” which occurs when a cyclone intensifies rapidly.

In California the weather service extended a flood watch into Saturday for areas north of San Francisco. Up to 16 inches of rain (40 centimeters) was forecast in Northern California and southwestern Oregon through Friday. Dangerous flash flooding, rock slides and debris flows were possible, officials warned.

A winter storm watch was in place for the northern Sierra Nevada above 3,500 feet (1,066 meters), where 15 inches (28 centimeters) of snow was possible over two days. Wind gusts could top 75 mph (120 kph) in mountain areas, forecasters said. Heavy, wet snow was expected to continue along the Cascades and in parts of far Northern California. Forecasters warned of blizzard and whiteout conditions and near impossible travel at pass level due to accumulation rates of 2 to

3 inches (5 to 7.6 centimeters) per hour and wind gusts of up to 65 mph (105 kph).

Falling trees struck homes and littered roads across western Washington. In Lynnwood, a woman died Tuesday night when a large tree fell on a homeless encampment, South County Fire said in a statement. In Bellevue, east of Seattle, a tree fell on a home and killed a woman, fire officials said.

Tracy Meloy of Issaquah, Washington, felt well prepared for the storm Tuesday afternoon, with dinner prepped and lanterns ready. But then she spent the night listening to wind-whipped debris hit the outside of her home, including a particularly loud “thump” around 9 p.m. The next morning she ventured outside to survey the damage to her neighborhood, about 17 miles (27 kilometers) east of Seattle.

“Now that I’m standing here in front of the house, I can tell it’s the tree that was across the street,” Meloy said. The tree pulled down the power lines in front of her home, and limbs, leaves and other plants were strewn all over the road.

“It looks like a forest floor instead of a street,” she said.

The number of power outage reports in Washington fluctuated wildly Tuesday evening but steadily declined to about 460,000 by Wednesday afternoon, according to poweroutage.us. More than a dozen schools were closed in Seattle alone.

About 2,800 customers were reported to be without power Wednesday in Oregon, 38,000 in California and 10,000 around Carson City and Reno, Nevada. Three Reno schools were closed, and semitrucks were prohibited on the main highway between the two cities due to high winds. All chairlifts were shut down at the Mt. Rose Ski Resort near Lake Tahoe.

The weather service warned people on the West Coast about the danger of trees during high winds, posting on the social platform X: “Stay safe by avoiding exterior rooms and windows and by using caution when driving.”

Southbound Interstate 5 was closed for an 11-mile (18-kilometer) stretch from Ashland, Oregon,

to the California border on Wednesday morning due to extreme winter weather conditions in northern California, according to the Oregon Department of Transportation. It was expected to be a long-term closure, the department said.

The weather service issued a flood watch for parts of southwestern Oregon through Friday evening, while rough winds and seas halted a ferry route in northwestern Washington between Port Townsend and Coupeville for part of the day.

As Robert and Lisa Haynes of Issaquah surveyed the damage in their neighborhood, they saw fallen branches or trees blocking driveways and roads. They were stuck at home.

“It’s like a snow day,” Robert Haynes said, “but with no snow.”

In Juneau, Alaska, gusts of wind up to 60 mph (96 kph) were forecast.

To the east, the first significant snow of the season in the Dakotas and Minnesota led to accidents and slippery roadways. The weather service said up to 16 inches (40 centimeters) could fall in the Turtle Mountains of North Dakota, and Minot could get up to 8 inches (20 centimeters).

Officials advised people not to travel throughout northern North Dakota, and state troopers in northern Minnesota responded to several accidents including tractortrailers that jackknifed on Interstate 94 after the roadway became slippery from snow and ice.

Golden reported from Seattle and Baumann reported from Bellingham, Washington. Jack Dura in Bismarck, North Dakota; Jim Salter in St. Louis; Scott Sonner in Reno, Nevada; Christopher Weber in Los Angeles; and Becky Bohrer in Juneau, Alaska, contributed.

wish to present,” the Presidency said in a statement. It added that possible numbers for a finance goal will be released in the next iteration of the draft.

There’s some progress, but a lot of work left to do THERE are three big parts of the issue where negotiators need to find agreement: How big the numbers are, how much is grants or loans, and who contributes.

Official observers of the talks from the International Institute of Sustainable Development who are allowed to sit in on the closed

Other areas that are being negotiated include commitments to slash planet-warming fossil fuels and how to adapt to climate change. But they’ve also seen little movement despite new draft deals on those issues also being published overnight, observers say.

Harry Camilleri, a researcher at E3G, said the draft text on slashing fossil fuels “is light on substance.” To move forward, countries will need to pledge ambitious updates to their national climate goals, he said. But David Tong, a campaign manager at climate advocacy group Oil Change International said “ambition has gone missing” from that draft deal.

Tycoon Gautam Adani indicted in US for alleged solar project fraud in India, shares plummet 20%

By Ashok Sharma

The Associated Press

EW

NDELHI—Asia’s controversial richest man, Indian tycoon Gautam Adani, is again in the spotlight. His companies’ stocks plunged up to 20% on Thursday after he was indicted by US prosecutors on charges he duped investors in a massive solar energy project in India by concealing that it was being facilitated by an alleged bribery scheme.

In an indictment unsealed by federal prosecutors in New York on Wednesday, Adani, 62, was charged with securities fraud and conspiracy to commit securities and wire fraud.

One result of the US legal action is that the Adani group decided not to proceed with a proposed US dollar-denominated bond offering. Adani Renewables announced the decision in letters to the Bombay Stock Exchange and the National Stock Exchange of India.

Who is Gautam Adani?

ADANI is the son of a middle-class family in Ahmedabad in western India’s Gujarat state. Adani quit college to become a diamond trader in Mumbai, India’s financial capital. In the 1980s, he started importing plastics before establishing Adani Enterprises, which traded in everything from shoes to buckets and remains his flagship company. India opened up its economy in the 1990s and a new middle class emerged as tens of millions of people escaped poverty and the economy boomed, prompting Adani to bet on infrastructure and coal.

Adani’s first big project, the Mundra port in Gujarat, opened in 1998 and is now India’s largest. Adani Ports and Special Economic Zone Ltd. is India’s biggest private port operator. Within a decade, Adani became India’s largest developer and operator of coalmines. According to Adani Power’s website, it has expanded to Australia and Indonesia and is on track to be “one of the largest mining groups in the world.” Adani companies, India’s second-largest conglomerate, operate airports in major

cities, build roads, generate electricity, manufacture defense equipment, develop agricultural drones, sell cooking oil and run a media outlet. Despite his fossil fuel roots, the billionaire Adani Green aims to become the world’s largest renewable energy player by 2030.

Why is Adani controversial? Adani is considered close to the Hindu nationalist government, and the political opposition has long accused Prime Minister Narendra Modi of having close ties with the tycoon. They both hail from the western state of Gujarat.

The businessman’s critics say much of his success stems from his close ties to the government and Modi. For example, they have accused the government of adjusting bidding rules to make it easier for Adani to win contracts to operate airports. The company denies this, saying contracts were won relatively transparently.

India’s main opposition immediately demanded a parliamentary committee probe into Adani Group dealings, which Jairam Ramesh, a leader of the Congress Party, said are causing “growing monopolization in key sectors of the Indian economy, fueling inflation, and posing huge foreign policy challenges as well.”

Ramesh said his party has been ``bringing out the various dimensions of these scams and the intimate nexus between the PM (Prime Minister Modi) and his favorite businessman. These questions have remained unanswered.”

Last year, the Adani companies lost $68 billion in market value after short-selling firm Hindenburg Research accused Adani of “pulling the largest con in corporate history,” triggering a massive sell-off of the group’s stocks.

US-based Hindenburg accused Adani companies of stock price manipulation and fraud just as the group began a share offering meant to raise $2.5 billion. The Adani group dismissed Hindenburg’s allegations, saying none were “based on independent or journalistic fact finding.” Adani’s response included documents and data tables and it said the group had made all necessary regulatory disclosures and has abided by local laws.

ACTIVISTS participate in a demonstration for climate finance at the COP29 UN Climate Summit on Thursday, November 21, 2024, in Baku, Azerbaijan. AP/PETER DEJONG

World

Friday,

Russia, China oppose changing Kenya-led force in Haiti to UN peacekeeping mission

By Edith M. Lederer The Associated Press

UNITED NATIONS—Russia and China on Wednesday opposed a US-led campaign to transform the Kenya-led multinational force in Haiti helping police to tackle escalating gang violence into a UN peacekeeping mission.

The two allies called a UN Security Council meeting as gangs have intensified attacks, shooting at four aircraft that has shut the airport in the capital Port-au-Prince, and attacking its upscale neighborhood Petionville on Tuesday. The UN estimates the gangs control 85% of the capital and have spread into surrounding areas.

The United States proposed a UN peacekeeping mission in early September as one way to secure regular financing for the UNbacked multinational force, which faces a serious funding crisis.

The US tried to get the 15-mem -

ber UN Security Council to sign off on a draft resolution last week to start the transformation. But Russia and China refused to discuss the resolution and instead called for Wednesday’s council meeting where they made their opposition clear.

China’s Deputy UN Ambassador Geng Shuang said the council extended the mandate of the multinational force only a month ago, and discussing its transformation to a peacekeeping operation now “will only interfere” and make it harder to tackle its funding shortfall and get all the police pledged to Haiti.

Peacekeepers should only be deployed when there is peace to keep, and there is no peace in Haiti, Geng stressed. “Deploying a peacekeeping operation at this time is nothing more than putting peacekeepers into the front line of the battles with gangs.”

The multinational force was supposed to have 2,500 international police but the head of the UN’s political mission in Haiti, Maria Isabel Salvador, told the council late last month that only around 430 are deployed—some 400 from Kenya and the rest from the Bahamas, Belize and Jamaica.

She said the UN trust fund that finances the multinational force and relies on voluntary contributions, “remains critically underresourced.” By last week, the trust fund had received $85.3 million of the $96.8 million pledged. The US agreed to contribute $300 million to the force, but that total is still far below the $600 million cost to deploy a 2,500-strong force for a year.

Russia’s Deputy UN Ambassador Dmitry Polyansky, expressing “shock and horror” at what’s happening on the streets of Port-auPrince, accused the US and other

countries that initially supported the multinational force of failing to fund it.

“Conditions on the ground in Haiti are not appropriate for UN peacekeepers,” he said. “Their role is to maintain peace and not to fight crime in urban areas or to save a dysfunctional state that has been plunged into domestic conflict.”

Whatever the future international presence in Haiti, Polyansky said Haitians need urgent assistance immediately which means providing the multinational force with the necessary materiel, funding and technical expertise. “Otherwise, quite simply, there will be just nobody left to host any future peacekeepers,” he said.

Haiti’s leaders have asked for a UN peacekeeping force, and the permanent council of the Organization of American States adopted a resolution on Nov. 13 entitled “In Support of Haiti’s Request for a United States Peacekeeping Operation.”

At the council meeting, there was also strong support for the transformation.

Monica Juma, national security adviser to Kenya’s president, told

the council that joint operations by the multinational force and the Haitian police have secured critical infrastructure including the police academy, national palace, national hospital and port.

But it’s evident the multinational force urgently needs “a surge,” she said, and Kenya looks forward to additional deployments in the shortest possible time along with contributions of equipment and logistical support.

At the same time, Juma said, Kenya “strongly supports” the Haitian government’s appeal to the Security Council to authorize planning for the transformation of the multinational force to a UN peacekeeping force.

US deputy ambassador Dorothy Shea told the council that with Haitian, regional and Kenyan support, “it is time for the Security Council to act to take the initial steps to realize Haiti’s request to help reestablish security for the people of Haiti.”

Transitioning to a UN peacekeeping mission, she said, would facilitate the multinational force and the countries supporting it “to take advantage of existing UN financial, personnel, and logisti -

cal support structures as well as predictable and sustainable financing.”

The most poignant appeal for a peacekeeping force came from Haitian Dr. Bill Pape, who left Port-au-Prince about two weeks ago where he works to combat infectious and chronic diseases. He is also a professor at Weill Cornell Medical College in New York. Pape said he came with a message to the Security Council: The Haitian police and multinational force “are outgunned and outnumbered.”

He said he recognized the controversies of previous peacekeeping missions in Haiti. The most recent, from 2004-2017, was marred by allegations of sexual assault and the introduction of cholera, which killed nearly 10,000 people. But Pape stressed that during previous foreign interventions, which date to the early 1900s, “insecurity did not exist at this scale.”

“I trust that seeking your support to restore security in my country is not asking too much,” he told council members. “It is a difficult task for any Haitian to request foreign troops on our soil. But there is no alternative.”

North Korea and Russia forge deeper ties amid economic cooperation and military allegations

By Kim Tong-Hyung

The Associated Press

SEOUL, South Korea—North Korea and Russia reached a new agreement for expanding economic cooperation following high-level talks in Pyongyang this week, the North’s state media said Thursday, as they continue to align in the face of their confrontations with Washington.

North Korea’s official Korean Central News Agency didn’t elaborate on the details of the agreement signed Wednesday between its senior trade officials and a Russian delegation led by Alexandr Kozlov, the country’s minister of natural resources and ecology. The Russian news agency Tass on Tuesday said officials following an earlier round of talks agreed to increase the number of charter flights between the countries to promote tourism.

Kozlov, who arrived in North Korea on Sunday, met with North Korean leader Kim Jong Un and

his top economic official, Premier Kim Tok Hun, before returning home on Wednesday, KCNA said. During Kozlov’s visit, Russian President Vladimir Putin’s gifted Pyongyang’s Central Zoo with more than 70 animals, including lions, bears and several species of birds, according to Tass, in another display of the countries’ growing ties. Kim Jong Un in recent months has prioritized relations with Moscow as he attempts to break out of international isolation and strengthen his footing, actively supporting Putin’s war on Ukraine while portraying the North as a player in a united front against Washington.

Kim has yet to directly acknowledge that he has been providing military equipment and troops to Russia to support its fighting against Ukraine. South Korea’s National Intelligence Service told lawmakers in a closed-door briefing on Wednesday that an estimated 11,000 North Korean soldiers in late October were moved to Russia’s Kursk region, where Ukrainian troops seized parts of its territory

Spain to grant residency and work permits to 300,000 undocumented migrants annually to boost workforce

By Suman Naishadham The Associated Press

MADRID—Spain will grant residency and work permits to about 300,000 migrants living in the country illegally each year for the next three years, the country’s migration minister said Wednesday.

The policy will take effect next May and aims to expand the country’s aging workforce. Spain has remained largely open to receiving migrants even as other European nations seek to tighten their borders to illegal crossings and asylum seekers. Spain needs around 250,000 registered foreign workers a year to maintain its welfare state, Migration Minister Elma Saiz said in an interview on Wednesday. She contended that the legalization policy is not aimed solely at “cultural wealth and respect for human rights, it’s also prosperity.”

“Today, we can say Spain is a better country,” Saiz told national broadcaster Radio Nacional de España.

Spain’s Prime Minister Pedro Sánchez has often described his government’s migration policies as a means to combat the country’s low birthrate.

The new policy, approved Tuesday by Sánchez’s leftist minority coalition government, simplifies administrative procedures for short and long-term visas and provides migrants with additional labor protections.

It extends a visa previously offered to jobseekers for three months to one year. In August, Sánchez visited three West African nations in an effort to address irregular migration to Spain’s Canary Islands. The archipelago off the coast of Africa is seen by many as a step toward continental Europe with young men from Mali, Senegal, Mauritania and elsewhere embarking on dangerous sea voyages there seeking better job opportunities abroad or fleeing violence and political instability at home.

By mid-November, some 54,000 migrants had reached Spain this year by sea or land, according to the country’s Interior Ministry. The exact number of foreigners living in Spain illegally is not clear.

Many such migrants make a living in Spain’s underground economy as fruit pickers, caretakers, delivery drivers, or other low-paid but essential jobs often passed over by Spaniards. Without legal protections, they can be vulnerable to exploitation and abuse. Saiz said the new policy would help prevent such abuse and “serve to combat mafias, fraud and the violation of rights.” Spain’s economy is among the fastest growing in the European Union this year, boosted in part by a strong rebound in tourism after the pandemic. In 2023, Spain issued 1.3 million visas to foreigners, according to the government.

this year, following their training in Russia’s northeast.

The spy agency believes the North Korean soldiers were assigned to Russia’s marine and airborne forces units and some of them have already begun fighting alongside the Russians on the frontlines, said Lee Seong Kweun, a lawmaker who attended the meeting. US, South Korean and Ukrainian officials have claimed that the North has also been supplying Russia with artillery systems, missiles

and other equipment.

North Korea would be possibly getting anywhere between $320 million to $1.3 billion annually from Russia for sending its troops to Ukraine, considering the scale of the dispatch and the level of payments Russia has been providing to foreign mercenaries, according to a recent study by Lim Soo-ho, a South Korean analyst at an NIS-run think tank.

While that would be meaningful income for North Korea’s crippled and heavily

sanctioned economy, it could be lower than the money the North earns from illicit coal exports or supplying military equipment to Russia, Lim said. This suggests that North Korea’s troop dispatch is less about money than acquiring key Russian technologies to further advance its nuclear weapons and missile program, which is a major concern in Seoul, Lim said.

Amid the stalemate in larger nuclear negotiations with Washington, Kim has

been dialing up pressure on South Korea, abandoning his country’s long-standing goal of inter-Korean reconciliation and verbally threatening to attack the South with nukes if provoked. He has used Russia’s war on Ukraine as a distraction to accelerate the development of his nuclear-armed military, which now has various nuclear-capable systems targeting South Korea and intercontinental ballistic missiles that can potentially reach the US mainland.

NGCP’s roadmap to ensure PHL’s future energy requirements

THe National Grid Corporation of the Philippines (NGCP) recently unveiled its 2024-2050 Transmission Development Plan (TDP), outlining a crucial roadmap to ensure the country’s power grid meets the growing energy demands of the future. With an anticipated average annual compound growth rate (AACGR) of over 5 percent in power demand, the urgency for modernizing and expanding our transmission infrastructure has never been more critical. (Read the BusinessMirror story: “NGCP sees over 5% power demand growth,” November 19, 2024).

The projections outlined in the TDP are telling. An AACGR of 5.60 percent from 2024 to 2030, peaking at 5.95 percent in the latter part of that time frame, signals a period of robust economic activity and population growth. Particularly notable is the forecast for the Visayas, which is expected to lead the way with a growth rate of 5.59 percent. Such figures underline the need for a proactive approach in addressing power supply and reliability.

The NGCP’s commitment to engaging stakeholders through public consultations is commendable. It recognizes that building a sustainable and efficient power grid is not merely a technical challenge but a collective endeavor that requires collaboration across various sectors. The involvement of the Department of Energy (DOE), local utilities, and power consumers ensures that the plan is well rounded and considers diverse perspectives. This inclusive dialogue is essential, as it allows for the identification of potential challenges and the incorporation of innovative solutions.

Moreover, the integration of renewable energy sources and smart grid technologies into the TDP reflects a forward-thinking approach. As the world shifts towards more sustainable energy practices, the Philippines must not lag behind. The incorporation of offshore wind plants and other renewable initiatives not only aligns with global trends but also enhances energy security and reduces dependence on fossil fuels.

However, while the TDP provides a roadmap for the future, its successful implementation hinges on several factors. First, securing adequate funding and investment is paramount. The transition to a more resilient power grid will require significant resources, and both public and private sectors must be prepared to invest. Second, timely execution of project timelines is crucial. Delays in construction or regulatory approvals can undermine the progress needed to meet growing demand.

Additionally, public awareness and education about upcoming changes in the energy landscape are vital. As the NGCP engages with communities, it should also prioritize transparency about how these developments will affect consumers. Clear communication about project timelines, potential outages, and the benefits of new technologies can help build trust and support among stakeholders.

The Transmission Development Plan spanning from 2024 to 2050 represents not only a technical report but also a visionary blueprint for our energy trajectory ahead.

The 2024-2050 Transmission Development Plan goes beyond a technical blueprint, outlining a bold vision that shapes the future of our energy landscape. As the country’s power demand continues to rise, this plan offers a crucial framework for ensuring that the Philippines remains on a path toward sustainable growth. Prioritizing a reliable power supply is essential for driving economic growth and improving the quality of life for all Filipinos.

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The end of Lisa Montgomery’s suffering

WFor Lisa Montgomery, whose life was defined by harrowing experiences, that option was poignant.

On January 13, 2021, Lisa was executed in Terre Haute, Indiana. Her crime? It was the kidnapping of an eight-month-old baby from the womb of Bobbie Jo Stinnett—a federal offense punishable by life imprisonment or the death penalty. After nearly two decades on death row, Lisa, 52, was given a lethal injection. Her gruesome crime occurred nearly 20 years ago. Lisa pretended to be a buyer of a terrier owned by Bobby Jo, who was then eight months pregnant. Lisa entered the house, strangled Bobby Jo, and used a kitchen knife to remove the unborn baby from her womb. Bobby Jo was believed to be conscious during the attack but later died from her injuries. Lisa took the baby home, tell-

ing her husband that she went into labor and gave birth while shopping. Within 24 hours, the police arrested Lisa, and the baby was returned to Baby Jo’s husband, safe and sound.

The gruesome crime raised the question: who in her right mind would do something like that? No one, except Lisa, who endured unimaginable torment throughout her life.

Lisa’s tortured life began at age 11, when her stepfather started raping her twice a week. This was a regular occurrence in the trailer where the family lived. She was sodomized and beaten black and blue when she resisted. MRI scans showed that Lisa suffered a “traumatic brain injury,” likely from repeated assaults, in-

cluding having her head slammed into walls.

When her mother found out about the abuse, she blamed Lisa, not her husband. Her stepfather enlisted friends to assault her, and her mother treated her as a commodity, trading Lisa for sexual favors to pay repairmen and other workers.

At 18, Lisa escaped from her family through marriage, but her first and second marriages turned abusive. She found solace in motherhood, having four children, but was advised to undergo tubal ligation in 1990. Her husbands were unaware of the procedure and continued believing her claims of being pregnant.

Lisa claimed that she was pregnant many times. When her second husband discovered the lies, he threatened to get custody of their children. In Lisa’s fragile mental state, she became desperate, believing she had to produce a baby by hook or by crook—leading her to Bobby Jo’s house on that fateful day in 2004.

In prison, Lisa was diagnosed with pseudocyesis, or phantom pregnancy—a condition where a woman falsely believes she is pregnant. This, coupled with depression, borderline personality disorder, and post-traumatic stress disorder (PTSD), contributed to her inability to distinguish reality from delusion.

A child psychologist said about Lisa: “We need to understand what could lead to someone being so profoundly disconnected from their actions that they would be capable

of doing something that a normal healthy person would find unimaginable.”

Sexual assaults, gang rape, physical violence, sex trafficking, overwhelming sense of worthlessness, and unmanaged depression comprised Lisa’s formative years. She had suffered a sad childhood with negligent parents who subjected her to vicious physical and sexual attacks. For much of her life, Lisa was alone in her suffering. I think that was her second escape from a lifetime of despair—she gave up trying to make sense of all the violence and neglect that she endured, the loveless and abusive marriages, and everything else that went wrong in her life. No one was there to help Lisa until she was convicted of murder and sentenced to death. It was only then that mental health experts spent time to know her because of the “especially heinous crime” that she committed. This raises uncomfortable questions: did Lisa even want to live another year? Did insanity help her cope? Could she have known peace, love, or care if she had lived longer in prison?

In the end, the state delivered an ultimate release for Lisa, whether she wanted it or not, when it administered the lethal injection. She might have finally found the inner peace that eluded her throughout her life. Lisa’s story raises questions about the nature of mental illness and the role of society in helping patients like her.

Gautam Adani charged by US over alleged $250 million bribe plot

By Patricia Hurtado & David Voreacos

US prosecutors charged Gautam Adani with helping drive a $250 million bribery scheme, threatening to throw the Indian tycoon’s conglomerate back into turmoil just as it rebounded from a short-seller’s fraud allegations.

Federal prosecutors alleged on Wednesday that Adani, one of the world’s richest people, and other defendants promised to pay more than $250 million in bribes to Indian government officials to win solar energy contracts, and concealed the plan as they sought to raise money from US investors. The five-count indictment also accuses Gautam’s nephew Sagar R. Adani and Vneet S. Jaain, both executives at an Indian renewable-energy company, of breaking federal laws.

“The defendants orchestrated an elaborate scheme to bribe Indian government officials to secure contracts worth billions of dollars,” Breon Peace, US Attorney for the Eastern District of New York that brought the case, said in a statement. US law allows federal prosecutors to pursue foreign corruption allegations if they involve certain links to American

investors or markets.

Requests for comment to a representative for Adani Group’s US offices weren’t immediately returned. Lawyers for Sagar Adani and Jaain didn’t immediately respond to requests for comment. None of the defendants have been taken into custody.

In addition to being a monolithic presence in India, with ports, airports, power lines and highway developments, Adani Group attracts capital from around the world.

Prosecuting the case would take months, if not years, meaning that it will fall to the incoming Trump administration’s Justice Department to determine how to proceed. Peace, the Brooklyn US attorney who was appointed during the Biden administration, is expected to step down and be replaced by whomever Donald Trump picks to lead the office, which

is known as EDNY.

Neither a White House press official nor a representative for the Trump transition team immediately responded to e-mailed requests seeking comment.

Extradition

treaty

A LTHOUGH t he US and India have an extradition treaty, it’s likely that India would fight to protect its citizens from being forced to stand trial in the US. If convicted the defendants could face years behind bars, prosecutors said on Wednesday.

Beyond the Justice Department investigation, Adani has been dealing with claims from short-seller Hindenburg Research that the conglomerate manipulated its stock price and committed accounting fraud. The group has vigorously denied those allegations and its shares climbed back from their initial plunge caused by the report.

After also initially cratering on the short-seller’s claims, Gautam Adani’s fortune has rebounded as well.

He’s the world’s 18th richest person with more than $85.5 billion, according to Bloomberg Billionaires Index.

Separately, units of the conglomerate’s clean-energy arm sold a 20year green dollar bond earlier on Wednesday in an offering that was oversubscribed.

SEC lawsuit

P ROSECUTORS o n Wednesday charged four of the eight defendants with conspiring to obstruct justice by deleting electronic evidence and lying to representatives of the Justice Department, Securities and Exchange Commission and FBI.  The SEC, which is a civil law enforcement agency, provided detailed allegations against both Adanis and another one of the co-defendants, Cyril Sebastien Dominique Cabanes, in a parallel lawsuit. The regulator identified the firm involved in the alleged bribery scheme, which wasn’t named in the indictment, as Adani Green Energy Ltd.  According to the regulator, Gautam Adani spearheaded an effort to pay or promise hundreds of millions of dollars in bribes to Indian state government officials to induce them to enter contracts that Adani Green needed to develop India’s largest See “Gautam,” A15

HeN does death become a better option than life?

Ambassador Antonio L. Cabangon Chua

Bill Hwang sentenced to 18 years in prison in Archegos case

By Bob Van Voris, Chris Dolmetsch & Ava Benny-Morrison

ArChegos Capital Management founder Bill hwang was ordered to spend 18 years in prison for fraud and market manipulation tied to the stunning 2021 collapse of his $36 billion family office, capping a case that riveted Wall street.

Hwang, 60, was sentenced Wednesday by US District Judge Alvin Hellerstein in New York. The prison term was slightly lower than the 21 years prosecutors had sought. Hwang’s lawyers had initially asked that he be given no prison time at all.

“The amount of losses that were caused by your conduct are larger than any amount of losses I’ve dealt with as a judge,” Hellerstein said. Hwang had no visible reaction to the sentence, though he soon after briefly turned and smiled at his wife, Becky, who was sitting in the courtroom gallery.

Hwang was found guilty in July of orchestrating a scheme to mislead his bank counterparties into providing Archegos with billions of dollars in trading capacity that inflated the value of his portfolio until the bubble burst in March 2021. The implosion contributed to the demise of one of the biggest names in finance, Credit Suisse Group AG, and caused significant losses at Morgan Stanley, UBS Group AG, Nomura Holdings and other banks.

Hellerstein signaled throughout Wednesday’s hearing that he intended to impose a tough sentence on Hwang. The judge called his request for no jail “utterly ridiculous” in light of the money involved and compared Hwang to FTX founder Sam Bankman-Fried, who received a 25-year sentence for fraud.

“What was worse? Mr. BankmanFried’s fraud or Mr. Hwang’s fraud?” the judge asked.

In the course of the hearing, Hwang’s lawyer Dani James backed down from asking for no jail and suggested a sentence of between four and five years. She stressed his charitable work and humble lifestyle, noting that he still lives in a modest New Jersey home. But the judge expressed skepticism about Hwang’s claim of modesty, noting his “new apartment in Hudson Yards.” Hwang himself spoke only briefly, saying he felt “deep pain” about what happened at Archegos. After thanking his wife and supporters who wrote letters seeking leniency, he asked the judge to impose a sentence that would allow him to continue to serve society.

Prosecutor Andrew Thomas argued for a stiff sentence partly on the grounds that Hwang was a repeat offender, noting his previous hedge fund, Tiger Asia, pleaded guilty to insider trading in 2012. Hellerstein said he would consider that in his sentencing and also rejected Hwang’s claims that his actions at Archegos didn’t clearly contribute to the banks’ losses.

Wall Street victims

THAT the victims were mainly Wall Street banks set Archegos apart from most big white collar cases. Hwang’s lawyers had planned to argue at trial that the banks were sophisticated players that understood the risks of trading with Archegos but took them in order to earn lucrative fees. Hellerstein largely sided with prosecutors in barring a “blame the victim” defense, which may be a major issue in the planned appeal of his conviction.

The jury found that Hwang directed Archegos staff to tell banks that the firm had large positions in tech giants like Apple Inc. and Microsoft Corp. In reality, its money was heavily concentrated in a small group of fairly illiquid stocks, most notably the company then known as ViacomCBS, that his trading could move. To maximize his trades’ impact, Hwang typically bought swaps, knowing that his counterparty banks would hedge by directly buying shares.  Archegos fell into a fatal spiral

Sounding afflictions

THwang, 60, was sentenced Wednesday by US District Judge Alvin Hellerstein in New York. The prison term was slightly lower than the 21 years prosecutors had sought. Hwang’s lawyers had initially asked that he be given no prison time at all.

after a March 2021 selloff in Viacom shares prompted billions of dollars in margin calls.

The Archegos indictment was the first big white-collar case brought by Manhattan US Attorney Damian Williams after his 2021 appointment by President Joe Biden. Along with the Bankman-Fried prosecution, it was touted as a sign of a more aggressive approach to policing financial crimes. President-elect Donald Trump has said he intends to nominate former Securities and Exchange Commission Chair Jay Clayton as Williams’ successor.

Hellerstein on Wednesday put off dealing with the issue of how much Hwang must pay in restitution to his victims. Prosecutors said banks had submitted claims for more than $9 billion, though Hellerstein said there were discrepancies with figures that had been put forth earlier that needed to be addressed.

Hwang’s lawyers have argued that restitution is unjustified as well as futile, since the former billionaire now only has a net worth of around $55 million.

‘False picture’ AT trial, the defense did manage to occasionally highlight the banks’ profit motives in their dealings with Archegos. Goldman Sachs Group Inc. product specialist Nastassia Locasto testified at trial that her bank initially had questions about Archegos’ holdings but ultimately decided to trade with Hwang’s family office because it knew its Wall Street rivals were making millions in fees. “They were paying our peers,” she said.

But such testimony was overshadowed by that of two former Archegos executives who previously pleaded guilty and agreed to cooperate with the government. Former head trader William Tomita and risk head Scott Becker both said they were directed to lie to banks to persuade them to extend more credit to Archegos.

Tomita also vividly described how Hwang manipulated markets by directing his team to try to reach price targets that often changed minute by minute. Archegos used “very aggressive” algorithmic trading techniques to ensure it accounted for a very large percentage of the trading volume for the firm’s portfolio stocks, Tomita said.

When Goldman’s Locasto questioned him about why the main holders of one of Archegos’ portfolio stocks were other banks, Tomita said he lied.

“I painted this picture—this false picture—that other hedge funds were using the capacity and it wasn’t us,” he said.

Goldman was one of the few Archegos counterparties that emerged relatively unscathed, and it was revealed at trial that the bank benefited from a huge mistake Archegos made in its frantic final days. Tasked with withdrawing $470 million from its Goldman trading account, an Archegos employee actually wired that amount instead.

On Wednesday, prosecutors noted that Goldman was the sole bank out of a group of nine that wasn’t seeking restitution in the case, though it said it suffered some losses in the form of legal fees. Bloomberg

he sound of the nebulizer is making me sleepy. It has a steady whirr to it, so even as if the machine has willed itself to control the air and the mist, or whatever is coming out of its device. Katie, a cousin, is proving to be a good nurse and I am but a mere companion here in the hospital as it is my turn to watch over my brother, Carlo.

He had a stroke this week. As with all kinds of attacks, things happened very fast. Stubborn and strong-willed all throughout his youth and life, Carlo, who has spent years in London managing a hospice, became a patient.

For several days, he was only sleeping. We knew we were worried about the state he was in but we could not confront ourselves with any fear that he might not wake up anymore. There was the sedative, we told ourselves, that caused him to be in bed, stilled.

On the second day in the hospital, we noted any slight twitch on Carlo’s face. We talked to him even if he was not responding. A faint murmur from him would bring us closer to him as we sidled up his bed. Each time a person arrives, we introduce him or her to Carlo, hoping that there would be a shock of recognition from him. At times, there are so many visitors in the room that I feel we are creating a ruckus already. But Carlo seems not disturbed by the noise. We started talking with Carlo. We began developing conversation but I think we were talking more with each other, addressing our anxieties rather than being able to coax Carlo out of stu-

por. Interesting how we become childish to patients, especially to one like Carlo, who is in and out of consciousness. We promised him impossible things like, get well soon, because we will have lots of parties in your home. Before all these things happened, he had a plan to travel to Guam, where his daughter is based with her family. At his bedside, we took turns telling him to be well quick so he could do some fishing in the waters of the Pacific.

There was an unreal air in the room.

On the third day of his confinement, he began talking in garbled sound. This made us think he was going to be up and about. Sometimes, we would hear in the sounds he produced a universe of meanings, which made us happy. It could be the name of any one of us. Familiar words sprung up from Carlo.

As Carlo became more voluble, he appeared to be speaking in his sleep. This time, we realized that there were only two languages he favored: Tigaonon or the language of Ticao Island, which is our first language, and English. He did not speak the Naga Bikol language.

Some years back, in London, he had a heart bypass operation but

the family was not informed about it. Or, he asked that his family in the Philippines be not told about what procedure he had undergone. But one early morning, I received a frantic call from my sister-in-law, Carlo’s wife, who was then in Naga. She was pleading with me to accompany her to travel to San Fernando in Ticao Island, in Masbate. Apparently, Carlo, upon regaining consciousness from the operation, had called her up to tell her that he was in Ticao. And at that moment, he was looking at a group of fishermen out at sea, admiring the blue sea and sky.

I, of course, did not believe at all that Carlo would travel to Ticao without informing anyone of us.

And what would he do there, straight from London?

What I did was to call relatives in Ticao and, true enough, there was no sign of my brother there.

The next step was to call London. It was then we found out about the bypass.

Was it the effect of the medicine that, upon waking up, he would hallucinate about being back in his birthplace, in the land of his boyhood?

It is happening again in this hospital in our city.

Carlo’s brain is working hard and is bringing him back to his first language, to the town he first loved, and fondly remember. It is the one language that has remained intact, that connects him to the beginning of things. We cannot understand all the words he is saying. Who knows what thoughts are rushing through his mind as the oxygen tanks are being wheeled down the hallway outside this room. Could he be remembering how magical the thunder was above Mount Diwata and the torrential rains filling the muro de contencion, the retaining walls that prevented the water from flooding our old home behind the church?

E-mail: titovaliente@yahoo.com

Complaints against new Thai PM pile up as old guard wields power

By Patpicha Tanakasempipat

ThAI activist ruangkrai Leekitwattana spends 10 hours a day in his bedroom writing complaints—mostly about Thailand’s new leader.

The 63-year-old former senator is a serial complainer. Since August, he’s filed at least 20 petitions against Prime Minister Paetongtarn Shinawatra, for everything from holding shares in a golf course to posing inappropriately in a cabinet photo shoot.

It’s a quirk of the Southeast Asian country, which observers say allows the conservative royalist establishment to wield power over the organs of state, political leaders and parties.

One of the latest examples is a complaint by an activist lawyer alleging Paetongtarn’s father and former premier Thaksin Shinawatra is undermining Thailand’s constitutional monarchy by exerting control over the government. If accepted by the Constitutional Court this week, it could severely weaken the new leader’s position and lead to her party being disbanded.

In the Thai justice system, these petitions can trigger probes by Election Commission or the anti-graft agency and may turn into highstakes court cases. Paetongtarn’s predecessor Srettha Thavisin was ousted in August by a charter court ruling on one such petition alleging an ethics violation, unleashing fresh political turmoil nearly three months after the complaint was filed.

“If you’re my prime minister, I’ll target you right away if you have done

Gautam.

. . continued from A14

solar power plant project. Another company involved in the power plant project, Azure Power Global Ltd., agreed to pay some of the bribes, the SEC alleged.

In its lawsuit, the SEC said Cabanes served as a director on the board at Azure Power Global and as

something wrong,” Ruangkrai said in an interview at his Bangkok home, where stacks of documents and reference books fill almost every corner.

Ruangkrai is one of about a dozen petitioners who routinely target political leaders and parties. They’re widely seen as part of the country’s old guard, which is seeking to maintain its influence after last year’s general election ushered in a civilian government following a decade of rule by military-backed administrations.

“In a healthy and functioning democracy, serial petitioners can potentially play a role in holding politicians and governments accountable to the public,” said Napon Jatusripitak, coordinator of the Thailand Studies Programme at ISEAS-Yusof Ishak Institute. “But in a climate of judicial overreach, where the legal system is routinely weaponized to preserve the dominance of certain groups and marginalize others, these watchdogs can turn into hired guns.”

In one of the petitions, Ruangkrai has called for the prime minister to be disqualified for being manipulated by Thaksin, which prompted the Election Commission to launch a probe into the matter. The agency has the power to request the court to remove politicians from office and disband political parties.

Paetongtarn has asked the pe-

a representative of the company’s largest stockholder, pension fund company Caisse de Depot et Placement du Quebec, which is known as CDPQ. While serving as a director, Cabanes, and others, “schemed” to make payments to bribe state government officials in India, the SEC said in its lawsuit.   A lawyer listed by the SEC as representing Cabanes didn’t immediately respond to a request for comment.

titioners to have sympathy for her. She has also said she isn’t worried about the Election Commission’s investigation. Last week, her top aide Prommin Lertsuridej told Bloomberg News the petitions wouldn’t stand up to legal scrutiny and posed no threat to the government’s stability.

Still, analysts say more turmoil is on the cards for Southeast Asia’s second-largest economy, which has logged annual growth of below 2 percent over the past decade due partly to military-royalist interventions in politics. Thailand’s benchmark stock index is down more than 2 percent from an Oct. 17 peak on reports of the Election Commission probe.

“The trajectory of these petitions is a watch point,” said Krystal Tan, an economist at Australia & New Zealand Banking Group. “A new round of legal cases would threaten to renew political turmoil and present a further setback to investor sentiment and the fragile economy.”

Aside from Srettha’s ouster, the charter court had also ordered the dissolution of Thailand’s largest opposition party, Move Forward, for its election campaign to amend a law that protects the royal family from criticism. The party won the general election last year but was prevented from forming a government by pro-royalist and military-backed groups that then aligned with former rival Pheu Thai.

Sirikanya Tansakun, deputy leader of the new opposition People’s Party, which replaced Move Forward, said the serial petitioners are waging “lawfare” in Thailand and the current government is now too afraid to push ahead with progressive agendas to

A representative for Azure Power Global didn’t immediately respond to a request for comment outside of normal business hours.

“CDPQ is aware of charges filed in the US against certain former employees,” a spokesperson for the pension manager said by e-mail. “Those employees were all terminated in 2023 and CDPQ is cooperating with US authorities.” US authorities ramped up an ex-

avoid potential legal cases.

“The government is playing into their hands, becoming anxious and overcautious,” she said after the ruling Pheu Thai party walked back its election pledge to rewrite the military-backed constitution.

Theerayuth Suwankaesorn, a 50-year-old lawyer who was behind the successful petition against Move Forward, disagrees. The petitions are a way to bring about political change without resorting to the bloody street protests that have marked recent Thai history, he said.  Such petitions can take months to put together, said Theerayuth, who wheeled in a metal cart stacked with 5,000 pages of documents to the Constitutional Court last month. His latest submission has called for the court to stop Thaksin’s alleged meddling in the Pheu Thai-run government.

“People try to belittle the petitioners, while forgetting it’s our right as citizens,” Theerayuth said. “If you see violations of the law, this is your constitutional right to pursue.”

Ruangkrai said he has petitioned every Thai leader in the last two decades, regardless of their political ideology. He filed complaints against Thaksin when he was in power in the 2000s and successfully unseated a prime minister allied with Thaksin. He joined Pheu Thai after but the relationship soured when the party didn’t appoint him to a parliament committee.

“They switched me out,” Ruangkrai said. “My daughter said these words: they betrayed you. I was furious. I never talked to them again.” Bloomberg

isting probe into Adani Group by looking into the conduct of the company’s billionaire founder, Bloomberg reported in March. Officials were focused on whether there were improper payments made to officials in India for favorable treatment on an energy project.  With assistance from Nicola M. White, Erik Larson, Caleb Mutua, Layan Odeh, Mathieu Dion, Tom

Ava

and

Tito Genova Valiente annoTaTions

Schoenberg,

Benny-Morrison, Lou Del Bello

Clara Ferreira Marques /Bloomberg

Friday, November 22, 2024

BMI: Cybersecurity threats rise with digitalization push

By Cai U. Ordinario @caiordinario

RECENT efforts of the Phil -

ippine government to push

f or g reater digitalization is expected to lead to greater use of electronic commerce and information communication technology

s e rvices, according to an international think tank.

BMI Country Risk & Industry Research, a Fitch Solutions Company, n o ted the World Bank’s recent announcement of a $750-million loan to s u pport the Philippines Digital Infrastructure Project (PDIP).

H o wever, in its latest economic brief, BMI expressed its concern that this could also be a major risk for the financial and banking sector through cybersecurity threats.

“We forecast the usage and value of e-commerce and ICT services in this market to grow,” BMI said. “However, the shift to digital platforms exposes banks to cybersecurity threats, raising concerns about financial system s t ability.”

BMI also noted that mobile data use and penetration continue to increase, leading to a growth in demand for digital solutions and the expansion of

mobile payments platforms.

“Favorable regulatory policies and government investments aim to address the unbanked population and enhance financial inclusion,” BMI said.

T he t hink tank said advancements in technology have encouraged micro, small and medium enterprises ( M SMEs) to embrace digital payments and other tools that could improve their businesses.

The Bangko Sentral ng Pilipinas (BSP) disclosed that, BMI said, digital payments have shown significant g ro wth with merchant payments, Business-to-Business (B2B) and Persont o -Person (P2P) transactions leading the market with a 27.4 percent yearon-year growth in 2023.

Based on the data shared by BMI, there was a 12.85-percent growth in merchant payment transactions; 68.6 percent growth in person to person transactions; and 220.64 percent growth in B2B transactions.

BSP has also been active in promoting the use of the Paleng-QR (quick response) PH Plus which is now present i n 1 51 local government units (LGUs) nationwide. (https://businessmirror.com. ph/2024/11/19/paleng-qr-ph-initiative-gainstraction-in-151-lgus/).

The latest LGUs that did so in -

clude the municipalities of Apalit in t he province of Pampanga, Agoo in La Union and the province of Palawan.

All three LGUs now have policies and have launched the Paleng-QR Plus.

BMI noted that QR transactions soared 2,714 percent to 58.6 million in 2023 from 2.1 million in 2022.

The think tank said operators such as Globe Telecom have also diversified their mobile payment platform

G C ash to capitalize on the rise of digital payments.

T his growth indicates that consumers are increasingly embracing d i gital payments for everyday use, presenting opportunities for digital transformation,” BMI said.

“Economic, demographic and technological trends are driving the demand for digital financial services in t he P hilippines,” it added.

Earlier, the BSP disclosed that it expects to complete its investigation on the GCash fiasco next month. (See: https://businessmirror.com.ph/2024/11/20/ bsp-steps-in-to-maintain-trust-after-gcashglitch/)

BSP Payments and Currency Management Sector Deputy Governor Ma merto E. Tangonan told reporters here it will take another 15 days to complete the investigation.

Tangonan said, however, that executives of GCash operator G-Xchange Inc. (GXI) h ave assured the BSP that all account holders affected by what the firm says as a “system glitch” have been “made w hole” and all the funds that were deducted have been returned to affected accounts.

Ta ngonan said based on their estimate, the glitch affected 0.002 percent of all fraudulent transfers reported to the BSP as of 2023.

D e pending on the gaps found during the investigation, Tangonan said among t he a ctions that could be done by BSP is to create additional regulation.

Ho wever, he said the creation of additional regulation i s the last resort for the BSP. The central bank also has the option to make adjustments to its enforcement of re gulations.

Tangonan also said that should violations be identified, it is within the purview of the BSP to impose s a nctions.

By Justine Xyrah Garcia

MORE children aged 15 to 17 are now working over 40 hours a week, results of the recent Working Children Situation showed on Wednesday

While the total number of child laborers decreased from 828,000 in 2022 to 678,000 in 2023, the Philippine Statistics Authority (PSA) found that older children now make up 74.4 percent of this group—up sharply from 61.6 percent the previous year.

PSA refers to child labor as work and activities that are harmful to children’s health and safety, or physical, mental, or psychological development.

These industries include mining and quarrying, construction, transportation and storage, and agriculture among others.

Aside from hazardous tasks, excessive working hours, such as more than 40 hours per week for those aged 15 to 17 or more than 20 hours for children below 15 are also considered as child labor.

This distinction sets child labor apart from “working children,” who are aged 5 to 17 years old and involved in considerably lighter tasks that do not interfere with their education or overall well-being.

Last year, the agriculture industry continued to have the largest share of child laborers, accounting for 65.3 percent. This marks a slight decrease from 2022, when it stood at 68.8 percent.

The services sector followed with 30.7 percent, showing a nearly 5-percent increase from 2022’s 25.9 percent.

WTM travel

buyers not so keen on Boracay now

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

PRIVATE stakeholders on Boracay have called for measures to improve the competitiveness of the island, in a bid to encourage the arrival of more international travelers.

In a joint resolution posted by Philippine Chamber of Commerce and Industry-Boracay on its Facebook page on November 5, the islands’ stakeholders asked the local government to “streamline the processing of business permits”; proposed a “unified ticketing system” to cover environmental and port fees at the jetty port cashier; “enforce existing Municipal Ordinances that prohibit the approaching of tourists to sell activities, sun glasses, braids, massages, etc.,” and proposed that environmental fees “revert to the pre-2020 rate of P75 per head to attract more international visitors.”

Once recognized as one of the most popular islands in the world, Boracay no longer attracts large crowds of international tourists. Data from the Malay Tourism Office showed, of the 1.8 million total arrivals as of November 15 this year, 356,250 were foreign visitors; 1.42 million were domestic travelers; while 19,836 were overseas Filipinos. Prior to the pandemic, foreign tourists on the island reached 1 million.

Resorts are ‘pricier’

I N an interview with the Busin essMirror , Rajah Tours Philippines Jose C. Clemente III said of the recent World Travel Market (WTM) in London, “While Boracay was still being mentioned as a possible destination for tourists, the interest was not as high as it was in previous years. There is a desire for new destinations within the Philippines, as well as sustained demand for places like Bohol

Meanwhile, the industry sector continued to see a decline, accounting for just 4 percent, down from 5.3 percent in 2022. In addition to the child labor figures, the report highlighted a decrease in the total number of working children, dropping from 1.48 million in 2022 to 1.09 million in 2023.

However—when combining both figures—the proportion of working children involved in child labor rose from 56 percent in 2022 to 62 percent in 2023.

This indicates that while fewer children are working overall, a larger percentage continue to be engaged in exploitative conditions.

Boys continue to make up the majority of working children (59.1 percent) and child laborers (62.1 percent).

Department of Labor and Employment

Secretary Bienvenido Laguesma said that the department would continue its efforts to address this issue.

“We will continue to intensify and strengthen our intervention and delivery of assistance to further minimize and hopefully eliminate child labor in the country and reduce the number of working children,” he told BusinessMirror.

Laguesma also highlighted the progress shown in the PSA survey, explaining, “If you look at the PSA results, there has been a considerable decrease in the number of working children when comparing 2021, 2022, and 2023.”

“While there is progress, we need to ensure that these efforts are sustained,” he added.

and Palawan, with El Nido and Coron being the favored destinations.” (See, “WTM opens new markets for PHL sellers, but cost an issue,” in the BusinessMirror, November 11, 2024.)

For the few buyers who were interested in Boracay, “We offer them just very select resorts,” he said. Clemente, who has been attending the WTM for some 20 years, added, “The DMCs [destination management companies] active in the long-haul markets also noticed that Boracay seemed to favor a certain market by issuing low rates, while they [the long-haul market] were given pricier rates.”

In an apparent reference to arrivals from mainland China, the veteran tour operator noted: “Now that the cheaper arrivals have all but disappeared, the resorts are trying to get back the more lucrative tourists. However, DMCs have, more or less, moved on to other destinations and driven demand elsewhere. It’s no longer a sellers’ market in Boracay as it was once.” Clemente is a former president of the Tourism Congress of the Philippines.

‘Eliminate additional fees’

F OR his part, Malay Mayor Floribar S. B autista said in Filipino, “We’ll meet with the governor about it,” when asked for his comment on the joint resolution of Boracay Foundation Inc., PCCI-Boracay, and other island stakeholders groups. Bautista was in London attending the WTM on November 5 to 7 at the ExCel London, as Aklan was the “partner destination” of the Tourism Promotions Board, the marketing arm of the Department of Tourism.

Aklan Gov. Jose Enrique “Joen” Miraflores and other Aklan government officials also attended the WTM, while there was one sales representative each of two island resorts—The Lind Boracay and Crimson Resort and Spa Boracay—who met with international buyers at the WTM.

Meanwhile, the stakeholders also urged the elimination of “additional fees for island hopping, snorkeling, and picnicking as these contribute to the negative perception of Boracay as an over-regulated destination;

BARAS, Rizal—The Masungi Georeserve Foundation has been honored as a ‘Best Practice Awardee’ by Team Expo 2025 Osaka for its project, “Restoring Forgotten Watersheds Through Youth-Led Movements.” Selected through a rigorous evaluation process, the initiative will be prominently featured in the “Best Practice Area” of the Future Life Village at the upcoming World Expo 2025 in Osaka, Kansai, Japan. Notably, Masungi’s project is the only Philippine project among the 25 distinguished awardees.

Expo 2025 Osaka, themed “Designing Future Societies for Our Lives,” highlights groundbreaking innovations fostering a sustainable and inclusive future. Masungi’s watershed restoration initiative was chosen for its outstanding contributions to rehabilitating degraded watersheds, empowering communities, and championing youth leadership in environmental conservation. This recognition aligns with the Expo’s vision of inspiring actionable solutions for a resilient planet.

Members of the selection committee were:

1. Dimitri Kerkentzes

Secretary General, Bureau International des Expositions (BIE)

2. Asakawa Chieko

Chief Executive Director, Miraikan—The National Museum of Emerging Science and Innovation; IBM Fellow; Deputy Chairperson, Japan Association for the 2025 World Exposition

3. Marianne Mensah

CEO, ClimateInnov (CIEL)

4. Sanduk Ruit Ophthalmologist; Founder and Medical Director, Tilganga Institute of Ophthalmology (TIO)

The 2025 World Expo Osaka will run for 184 days, from April 13 to October 13, 2025, bringing together global innovations addressing the most pressing challenges of our time. A World Expo is a

Editor: Jennifer A. Ng

B1

Friday, November 22, 2024

‘Faster permitting process boosted telco infra buildup’

By Lorenz S. Marasigan @lorenzmarasigan

Globe Telecom Inc. has reported a “20-percent improvement” in the processing and issuance of permits from 2022 to mid-2024, attributing this progress to the implementation of executive order 32 (eo 32).

Between 2021 and the first half of 2024, Globe said in a statement that it constructed over 4,000 cell towers and deployed more than 3 million fiber-to-the-home lines.

Michelle Ora, VP and Head of Strategic Partnerships and Programs at Globe, said EO 32 helped streamline the permitting process, which is essential to building telecom infrastructure.

She added that this improvement has been “vital to Globe’s 5G and fiber infrastructure expansion which ad-

dresses the nation’s growing demand for affordable, reliable, and accessible connectivity.”

However, she highlighted the necessity for local government units (LGUs) to consistently apply the streamlined processes under EO 32 to “maximize” its potential in reducing bottlenecks associated with securing essential permits. She cited “persistent challenges,” including the lack of implementation of the Electronic Business One Stop Shop (eBOSS) and varying re-

quirements and ordinances among some LGUs.

Ora said these issues have slowed tower construction in certain areas and increased costs due to additional fees and extended approval times.

The Globe executive also cited the importance of establishing uniform standards and eliminating excessive fees and requirements to foster a more supportive environment for telecom infrastructure growth.

“We are committed to working with the government and other stakeholders to address these challenges. We believe that by working together, we can create a more conducive environment for telco builds. This will help ensure that more Filipinos have access to affordable and reliable telecommunications services.”

EO 32, signed by President Ferdinand R. Marcos Jr. in 2023, aims to streamline the permitting process for constructing telecommunications and internet infrastructure in the Philippines.

The order mandates that only specific permits—such as a Building Permit from the Office of the

APRI, SDEPCI ink deal for BESS project

AP Renewables Inc. (APRI), the geothermal arm of Aboitiz Power Corp., together with Aboitiz Renewables Inc. (ARI) signed an engineering, procurement, and construction contract (EPC) with Shandong Electric Power Engineering Consulting Institute Co. Ltd (SdEPCI) last November 7. The EPC deal involves the construction of the Bay Battery Energy Storage System (BESS) Project in Barangay Bitin in Bay, Laguna, introducing a powerful new storage system to APRI’s existing portfolio of energy assets.

The Bay BESS Project will add crucial battery storage to APRI’s Makban geothermal plant through a specialized hybrid system, allowing it to quickly support the Luzon Grid during peak demand periods and power disruptions. “We are excited to be the host of this new investment. It contributes to the country’s energy transition and brings additional value to our host communities,” said APRI President Jeffrey Estrella in his welcoming remarks.

He was joined in by Alex Coo, ARI’s COO, who emphasized that “the Bay BESS Project is a groundbreaking milestone, being the first-ever BESS and geothermal hybrid system in the Philippines.” SdEP CI Vice President Sun Ligang responded, saying that his company “commits to provide a good performance guarantee for the Bay BESS Project as it also marks a significant project for the Philippines.” As a closing message, ARI President Jimmy Villaroman presented the other renewable energy projects of AboitizPower, saying that the company “recognizes that the energy transition is not a solitary endeavor.” Rather, “it demands collective action and dedication to overcome hurdles and achieve our shared goals.”

SdEPCI is a well-known leader in engineering and power plant system design, leading EPC projects in Brazil, Chile, Indonesia, Vietnam, Pakistan, Cuba and Mexico.

The Bay BESS Project has the potential to uplift the regional economy by promoting industrial growth and business development. This project could help encourage commerce, create jobs, and sustain the local economy. The project also aligns with the continuous need for dependable power in the region, which is crucial to support Luzon’s trade and industry sectors. Through the economic activity that is supported by reliable power, the Bay BESS Project will help enable a higher tax base, supporting public services and more local infrastructure development. The Bay BESS Project represents a comprehensive investment in the community’s economic growth and quality of life, aligning with APRI’s goal of building long-term partnerships with its host communities.

Building Official, a Height Clearance Permit from the Civil Aviation Authority of the Philippines (Caap) when applicable, and certain community clearances—are required, eliminating the need for additional national or local permits.

It also encourages local government units to establish One-Stop Shops for Construction Permits and implement a Zero Backlog Policy to expedite application processing.

Cities such as Antipolo in Rizal, Bacoor in Cavite, Calamba in Laguna, and Metro Manila’s Marikina and Navotas have set examples with their “one-stop-shop” business permitting processes, eliminating the need for telecom companies to secure permits independently.

Furthermore, cities like Mandaluyong, Manila, and Bacolod have simplified the process by removing certain clearance requirements.

Ora said Globe advocates for additional onboarding and engagement workshops with LGUs and homeowners’ associations nationwide, as this will strengthen the implementation of the executive order.

Honda recalls vehicles over fuel pump defect

By Andrea E. San Juan @andreasanjuan

HONdA Cars Philippines Inc. said it is recalling 16,831 units from its 11 vehicle models to replace defective fuel pumps which could cause engines to stall or lose power.

In a letter addressed to the department of Trade and Industry (dTI), Louie Soriano, Senior Vice President of Honda Cars Philippines said Honda Motor Co. Ltd. Japan. announced the recall of several Honda vehicles for the replacement of fuel pump.

Based on the letter of Soriano, Honda Cars Philippines, the authorized distributor of the auto brand in the Philippines, will conduct a Recall Campaign for these 11 models: Odyssey, Accord, Mobilio, BR-V, Civic 1.5L TC, Civic 1.8L, Jazz, HR-V, CR-V, City, and Civic Type-R. For the Odyssey (2017-2019) model, Soriano said there are 587 affected units.

The Accord (2018) model has 82 affected units; Mobilio (2017-2018) model, 2,191 units; BR-V (2017-2019) model, 7,530 units; Civic 1.5L TC (2016-2019) model, 947 units; Civic 1.8L (2016-2018) model, 2,427 units;

Jazz (2015-2020) model, 1,266 units; HR-V (2018, 2020-2021) model, 958 units; CR-V (2018) model, 642 units; City (2016-2020) model, 90 units; and Civic Type-R (2017-2020) model, 111 units.

“Findings show that fuel pumps could fail and cause engine to stall or lose power because of an error in the manufacturing process by the supplier,” Soriano said.

“We sincerely apologize for the situation and as a countermeasure, we will replace the fuel pump module by service kits of all affected vehicles which will be available in November 2024.” While there have been no reported crashes or injuries related to the subject matter in the Philippines, Soriano said HCPI, with its 38 authorized Honda dea lers and three Service Centers nationwide, will proceed with the replacement of the fuel pump module by service kit. Soriano said this will be free of charge for the vehicle owners. The replacement of the fuel pumps will take a maximum of 1 hour and 30 minutes.

“We will duly notify the vehicle owners or will seek assistance and reach out with new owners in case the vehicles have been sold or disposed already,” he said in his letter.

November 19, 2024.

By Lorenz S. Marasigan @lorenzmarasigan

WITH prices of cryptocurrencies on the rise, scammers are now leveraging the market’s growth to defraud Filipino investors, according to the Cybercrime Investigation and Coordinating Center (CICC).

CICC Executive Director Alexander K. Ramos said the agency has observed a “surge” in investment scams, particularly those involving cryptocurrencies and dollar investments, coinciding with the recent escalation in cryptocurrency prices. Ramos reported that, since last week, the agency has received complaints from 14 individuals who fell victim to scams promising high returns on cryptocurrency investments. These schemes are predominantly orchestrated by foreign nationals who create a false sense of urgency, pressuring victims to invest amounts ranging from $100 to $1,000 into foreign accounts. Once the funds are transferred, the scammers sever all communication, leaving investors without recourse.

The allure of substantial profits has made cryptocurrencies attractive to many investors. For instance, the price of Bitcoin has surged from $500 in May 2016 to $91,488 as of

IHAv E traveled to Karlsruhe in G ermany many times over the course of ten years and saw the city’s transformation into a “green city.” So when I visited Utsunomiya in Japan recently as part of a MICE (meeting, incentive travel, convention and exhibition) destination familiarization tour, I can’t help but observe the similarities of both cities.

Although separated by thousands of miles across two continents, these cities share a striking vision: to transform their urban landscapes into models of green mobility, eco-conscious planning, and community resilience. Utsunomiya and Karlsruhe are redefining urban life for a sustainable future. Their shared values make them natural allies, with the potential to become sister cities united by a common mission to lead in sustainability and innovation. Utsunomiya, the bustling capital of Tochigi Prefecture, is a city where tradition and modernity intersect seamlessly. Known for its thriving culinary scene and deep cultural roots, Utsunomiya has embarked on a journey toward sustainable growth that emphasizes smart mobility and green infrastructure. Recently,

Cryptocurrency scams rising as prices surge Pru

By Reine Juvierre Alberto

@reine_alberto

THE Pru Life Insurance Corp. (Pru Life UK) announced it posted the highest sales from new business in the third quarter of 2024.

A statement the firm issued last Tuesday read that Pru Life UK maintained its lead in the Philippine life insurance industry by posting the highest New Business Annual Premium Equivalent (NBAPE) worth P6.9 billion from January to September.

Citing data from the Insurance

Banking&Finance BSP evaluating digital bank license applications, usage

This appreciation has unfortunately provided fertile ground for fraudulent activities, Ramos said.

The US Federal Trade Commission (FTC) has also alerted the public to a global increase in investment scams, urging vigilance and prompt reporting to authorities like the CICC.

The FTC emphasized that scammers often entice potential victims with promises of monumental returns while downplaying risks.

“It’s essential to remember that if the deal seems too good to be true and likely is. Every legitimate investment carries some level of risk, and no one can guarantee profits in an unpredictable market,” the US agency said.

Ramos advised the public to thoroughly research any investment opportunity before committing funds. He recommended verifying the legitimacy of companies with appropriate government regulatory agencies to ensure they are licensed to operate.

“Remember, no investment is risk-free,” he said.

He also urged individuals who believe they have been targeted or victimized by investment scams to contact the Inter-Agency Response Center (IARC) via the toll-free hotline, which operates 24/7, including holidays.

TBy Cai U. Ordinario @caiordinario

HE Bangko Sentral ng Pilipinas (BSP) may have opened four more digital bank licensing slots but there is no guarantee that all applications will be granted.

BSP Technology Risk and Innovation Supervision Department (TRISD) Senior Director Melchor T. Plabasan recently told reporters that the central bank is evaluating new applicants, including foreign entities.

Plabasan said the BSP is also evaluating existing rural or thrift banks who operate as digital banks but have no license to be considered digital banks.

“There are new players that are exploring and are interested to enter the Philippine market,” Plabasan said. “But based on our issuance, we will only start accepting new applicants by January 1, 2025.

A tale of two sustainable cities

the city introduced Japan’s first light rail transit (LRT) system, a transformative project designed to reduce traffic congestion and dependency on cars, while making the city more accessible and environment-friendly.

The LRT system anchors Utsunomiya’s broader urban plan, which includes bike-sharing initiatives, pedestrian-friendly pathways, and green spaces that foster well-being and connectivity. The city also emphasizes energy efficiency, encouraging eco-friendly practices among local businesses and promoting residential energysaving measures. These efforts are part of a larger vision where Utsunomiya becomes a smart mobility hub, balancing urban dynamism with a low-carbon footprint. Karlsruhe, located in southwestern Germany, is a city that combines historical charm with forward-looking sustainability initiatives. As a leader in climate resilience, Karlsruhe aims

Commission (IC), the firm said it ranked first among 35 life insurers, accounting for 13.95 percent of the P49.442 billion total NBAPE for the period.

The NBAPE refers to all the premiums paid for new insurance products including 10 percent of single premiums introduced by the IC to measure the life insurance industry’s sales performance. It also serves as the universally-accepted performance metric for evaluating sales within the life insurance industry in the Philippines. Meanwhile, the life insurer also ranked first in total premium in-

Pdrive the next wave of digital payments.” Meanwhile, Lazada Philippines

to achieve climate neutrality by 2050, and the city’s comprehensive approach to sustainability sets a powerful example. Like Utsunomiya, Karlsruhe has developed a robust public transportation network, featuring electric trams and bike-sharing systems that promote low-carbon commuting and reduce dependence on private vehicles.

Karlsruhe’s commitment to sustainability extends beyond transportation, with extensive urban greening projects, energy conservation efforts, and waste reduction initiatives. Citizen engagement plays a vital role in Karlsruhe’s approach, as the city promotes active participation in environmental stewardship, with programs that encourage residents to conserve energy, recycle, and support green initiatives. Karlsruhe’s combination of innovative policies and community involvement demonstrates how cities can become resilient, adaptable, and inclusive spaces.

Though Utsunomiya and Karlsruhe have unique cultural contexts, their paths converge in a shared mission of sustainability and resilience. Both cities are committed to advancing smart mobil-

come (TPI) for variable life insurance products with P33.9 billion as of the third quarter. Pru Life UK also contributed 19.82 percent to the P171.061 billion TPI from variable life insurance products.

The TPI generated by the life insurance sector amounted to P263.2 billion as of the third quarter. That figure is 14.49-percent higher than the P229.9 billion raised by the industry during the same period a year ago.

Howevert, the total net income of life insurers slightly decreased by 0.13 percent to P28.752 billion during the period from P28.788 billion

CEO Carlos O. Barrera said QR PH would give users another option for paying for their online purchase and facilitates the adoption of digital payment methods.

“We are always looking for ways to leverage technology” for our customers, Barrera was quoted in a state-

He added that the central bank is currently “determining which among the digicentric institutions that we have right now can already be considered as operating like a digital bank.”

“So we can also transition their license from, let’s say, rural bank or thrift bank, to digital bank,” Plabasan added.

He said the BSP has received queries about certain legal and regulatory requirements for digital banks.

While existing banks may want to convert their licenses, Plabasan said, they have to meet prudential requirements for digital banks, in-

ity, reducing emissions, and creating urban spaces where people and nature can thrive together. Their investment in green infrastructure and low-carbon transit solutions highlights a deep-rooted dedication to environmental responsibility, a value that transcends geographical and cultural boundaries.

This shared direction offers the potential for Utsunomiya and Karlsruhe to formalize their partnership as sister cities, joining forces to share knowledge, strategies, and innovations. A sister-city relationship could foster cultural exchanges that enrich each community, while enabling collaborative projects that advance both cities’ sustainability goals. Together, Utsunomiya and Karlsruhe could amplify their impact, setting a powerful example for urban centers worldwide that are navigating the challenges of sustainable development.

Octavio Peralta is founder and volunteer CEO of the Philippine Council of Associations and Association Executives (PCAAE), the “association of associations.” 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.

a year ago. The dip was pinned on the 27-percent decrease in overall underwriting gain and an increase in general and administrative expenses (8.57 percent).

Pru Life UK Chief Finance Officer Francis P. Ortega was quoted in the statement as saying that the company “is strengthening its commitment to being the most trusted partner and protector of Filipino families as it continues to lead the industry.”

The insurer said it has more than 1.9 million Filipinos insured who bought products through its 170-plus branches in the Philippines.

ment as saying. The statement also read that the executives believe the agreement “is set to play a vital role in strengthening the foundation of the Philippine economy—where convenience, security and progress converge.” Reine Juvierre Alberto

cluding having a P1 billion capital. He added that there are also additional requirements for existing banks should they want to convert their license to a digital banking license.

“We want to address arbitrage. So it’s good for them. Kasi some players that are already behaving as digital banks, there would be higher requirements for them,” Plabasan said.

“They have to offer something new to the table. So it means that kahit hindi siya 4, I mean, we will not complete yung 4 para lang masabi that 4 licenses. So if no one meets the additional requirements, then we will stay with the existing number,” he added.

Plabasan said that once the application period starts in January 1, 2025, he said it will take another three to four months to approve these applications.

This timeline coincides with the required time to complete charter revisions in order to meet prudential requirements of the BSP.

However, once the technology of the bank is ready as well as the char-

ter is revised and all the requirements are met, these new digital banks caan operate right away. In August, the BSP announced that it will grant the issuance of new digital banking licenses starting January 1 next year. According to the central bank, it will allow a maximum of 10 digital banks to operate nationwide.

The BSP noted that the granting of new digital bank licenses will include the conversion of an existing bank’s license to digital bank license.

The BSP noted that it will examine digital bank applicant’s value proposition, business models, and resources capabilities as part of its “rigorous licensing process.” This will be an addition to the standard licensing criteria that covers transparency of banks’ ownership and control structure, suitability of shareholders, and fitness and propriety of directors and senior management. (See: https://businessmirror.com.ph/2024/08/08/ bsp-to-allow-more-digital-banksto-operate-in-2025/)

Rentals, dine-out costs led BARmm inflation rise

By Manuel T. Cayon @awimailbox Mindanao Bureau Chief

DAvAO CITY—The slight i ncrease in inflation last month in the Bangsamoro Autonomous Region in Muslim Mindanao (B ARMM) is being pinned on the rise in the cost of five sectors, according to an official of the regional office of the Philippine Statistics Authority (PSA).

PSA-BARMM Regional Director Akan G. Tula said while the region’s inflation rate was low at 1.7 percent, there was “actually a slight acceleration.” Tula cited that the three causes for the incremental increase include: higher costs in the category of housing, water, electricity, gas, and other fuels; food and non-alcoholic beverages; and, restaurants and accommodation services. He added that the top specific contributors to the acceleration of inflation rate include cost of: rentals; full service-restaurants, café, and the like; fish and other seafood; cereals and cereal products; and personal care.” Nonetheless, Tula welcomed the incremental rise in BAR MM’s inflation rate. He said the effect of negative inflation or lower prices of products and services would not be good for the regional economy “since the consumers will buy the products or services at a much lower price.”

“Negative inflation is not good since it will result in a capital loss of the producers or companies [manufacturers] because the price of the commodities will become lower,” Tula added.

The Bangsamoro region’s inflation rate last month is the secondlowest in the country behind only to the only other autonomous region in the Cordillera, the PSA announced last week. This was the few instances how the country’s two autonomous regions shone brightly in terms of managing their local economies. Overall, the headline inflation rate in the entire Philippines slightly rose to 1.9 percent this month (October), compared to 2.3 percent in September, the Barmm said, citing figures released by the PSA. Among BAR MM provinces, Sulu recorded the highest inflation rate at 3.2 percent, followed by Maguindanao at 2.2 percent, Lanao Del Sur at 1.9 percent and Basilan at -0.8 percent. Tawi-Tawi had the lowest inflation rate at -2.0 percent.

The PSA-BARMM report also mentioned that Cotabato City’s inflation rate also increased slightly to 3.3 percent in October compared to the 2.9 percent inflation rate the previous month of September. Average

Octavio Peralta

Association World

This former Manila cop is now the most celebrated Pinoy entrepreneur in London

SOMEONE asked me recently what I ate during my recent London trip, and I answered quickly, without giving it much thought, “Potato Corner!” which cracked everyone up within hearing distance. And might I add, it was truffle fries which I never seem to have the luck ordering around our parts.

The person largely responsible for my truffle fries consumption in the land of fish and chips is Fred Ventura, the most well-known Filipino entrepreneur in the UK. He is so popular that any Philippinebased company wanting to expand to the UK will automatically be referred to him. He is pals with Jollibee’s Ernesto Tanmantiong and Dennis Flores, Cagayan Economic Zone Authority CEO Katrina Ponce Enrile asks him for advice on how to spread the word about their gaming business, and is so plugged in with the Filipino expat community that he even knows where Louie B. Locsin, wife of Philippine Ambassador to the UK Teodoro L. Locsin Jr., has her hair cut.

And of course we sat down for an interview at where else? His Potato Corner at Earl’s Court, the hub of the Filipino community in Central London. But Fred, a handsome man of 51, says he wasn’t even remotely connected with the food business before he arrived in London. “In Manila, I was a policeman at [Camp] Crame. I was a bad boy before,” he says, without going into much detail, “and my sister, who worked in Crame, told me the police force was improving, ‘Mag-pulis ka nalang kaya, luko-luko ka eh.’” It was 1997, and Panfilo “Ping” Lacson was director general of the Philippine National Police, trying to reform the image of police force. Fred passed the required exams and was eventually trained as a member of the PNP Special Action Force.

He moved to the UK in November 2002, with his first wife, a fellow cop and nurse who was going to take the licensure exam. “What will I do here? So I

worked in security because of my background as cop,” says Fred. He was then supposed to join the Royal Mail service but while waiting, he met someone who encouraged him to become a waitstaff in a restaurant, My Old Dutch, famous for its pancakes. “That’s where I learned about the food catering business starting in 2003,” he explains, and he stayed there, working his way up to general manager. “I enjoyed talking to people, the customer interaction,” says Fred on the

reason he stayed in the restaurant.

After 14 years at My Old Dutch, Fred, already a British citizen, felt restless, “Am I just going to be like this [a general manager] forever?” and thought it was time to take all the skills and knowledge he had learned in the business and use them to his own benefit. “I was already feeling that it was the right

How to make Christmas more meaningful this year

that’s filled with

While it’s always great to follow your usual customs for the holidays, it’s also nice to add something new to make it a little different and more meaningful this year. World Vision, a Christian humanitarian organization, suggests some worthwhile practices or traditions you can add to celebrate the upcoming holidays:

■ GIVE THE GIFT OF TIME FOR YOUR LOVED ONES OR SOMEONE IN NEED. We can all get so caught up in the hustle and bustle of the holidays that we sometimes forget that the holidays is not only about shopping for or receiving gifts—it’s also

about being present and giving our loved ones or someone in need the precious gift of time. If you have something planned with family or friends, resist the urge to constantly check your phone for social media or email updates. Be in the moment and sincerely talk to the people present.

■ PRACTICE KINDNESS DAILY. It’s easy to absorb negativity and stress in a world that is constantly filled with so much noise. While this will entail conscious effort and commitment, it’s still possible to turn a negative mindset around through little acts of kindness daily. Compliment others, offer encouragement to someone who needs extra motivation, volunteer, give hugs, or

practice gratitude. Studies have indicated that showing acts of kindness can improve mood, increase our self-esteem, and enhance our relationship with others.

■ BRING HOPE TO OTHER PEOPLE’S HOMES. This season of gift-giving, we can give hope to other people’s homes by donating to another family’s Noche Buena. This can be possible through World Vision’s “Christmas Hope in Every Home Campaign” where you can give a one-time donation of at least P1,000. The amount provides a Christmas pack for the sponsored child and another child without a sponsor yet so they can share it with their families on Christmas Eve. For this year, World Vision hopes to

raise funds to provide Noche Buena Gifts to at least 24,000 children.

“More than giving gift packs, this campaign aims to bring hope to the homes of those who need it most,” said World Vision’s interim national director, Jun N. Godornes.

“We want to reinforce the spirit of family and togetherness, especially this Christmas to show the vulnerable children and their families that they are remembered and loved.”

Know more about World Vision at www. worldvision.org.ph and follow World Vision Philippines’ official social-media pages on Facebook and Instagram.

SCORPIO (Oct. 23-Nov. 21): Keep abreast of what everyone else is doing and saying. The information you gather will help you decipher who you feel you connect with best. Refuse to let outside influences challenge or back you into a corner. Do what makes you feel good about yourself and your life. ★★

SAGITTARIUS (Nov. 22-Dec. 21): Honesty is the best policy. When in doubt, keep your thoughts to yourself. Protect your reputation, home and relationships from scammers and shysters. Use your energy and experience to ferret out what’s false and what’s fact. Accommodate the ones you love by offering incentives. Financial gain is within reach. ★★★★★

CAPRICORN (Dec. 22-Jan. 19): Make a motion to change what is holding you back. Research, gain insight into something that interests you and arrange to participate. Your attitude, understanding and popularity will grow as you utilize your

SEE “PINOY,” B5

CHRIS WALLACE LEAVING

CNN, TO EXPLORE NEW MEDIA ENVIRONMENT

CHRIS WALLACE says he’s leaving CNN after three years and, at age 77, is eager to see what a transformed media environment has to offer. “When I look at the media landscape right now, the people who are going independent, whether it’s podcasting or streaming, that seems to be where the action is,” he said Tuesday.

It’s hard to find a clearer sign of how the business is changing. Wallace is the quintessential broadcast newscaster, son of the CBS News legend Mike Wallace, worked at both ABC and NBC News and was host of Fox News Sunday for 18 years before exiting for CNN in 2021.

He was hired to be a leading personality for the CNN+ streaming service, which the company abandoned a month after its launch in 2022. That forced him to cobble together a role at CNN, with a Saturday morning political show and a broader interview program on Max, and appearances on the network as a commentator.

Wallace called the exit amicable. CNN CEO Mark Thompson called him “one of the most respected political journalists in the news business” and said that he wishes him the best. Thompson likely faces some hard decisions in the future, with CNN’s television ratings cratering and an increased emphasis on digital looming.

Wallace said having control over what he does is more appealing to him at this stage of his career. Don’t expect big changes in his brand—he’ll likely stick with interviews and political analysis, and not favor one political side over another—and he said he’s already heard some expressions of interest. Retirement’s not in the blood. His father worked well into his late 80s at 60 Minutes. Besides, Chris Wallace said, “nobody in my family wants me to retire.” AP

Pinoy...

time to put up a Jollibee, because no one was doing it in the UK. I know it would need a large capital but I just needed partners who would trust me because I already knew how to run the business. So I applied to be a franchisee.”

Eventually, Jollibee decided to keep its UK restaurants company-owned, but let Fred run the business with a share of the profits. “I started Jollibee from scratch—processing its papers, choosing the location, and overseeing its construction.” The first Jollibee in the UK, capitalized at £1.2 million, finally opened in October 2018. (As of August 2023, Jollibee has 12 restaurants in the UK, including the flagship on Earl’s Court.)

But the constant dealing with the corporate bureaucracy exhausted Fred, and by 2021 he decided to strike on his own instead. For real this time. “It was good timing because by then I already bought Tindahang Pinoy [Filipino supermarket]. After taking over from its previous owners, I was able to increase its sales by 40 percent in two years. I injected capital, and expanded its products, constantly talking to our suppliers.” The store carries a large number of products from the Philippines and anything Filipino, from packaged sinigang broth and popular white vinegar brands, to fluffy ensaymadas. He also took over a remittance business in 2020, and was able to increase its revenues by 70 percent. Despite Covid, Fred and his enterprises survived, especially with financial assistance for small businesses from the UK government.

By 2020, he opened the first Potato Corner in the UK: “I applied for a franchise, it was approved.... It was all very quick. I was the last one approved by the company when it was still owned by the Jose Magsaysay Jr.,” says Fred, the master franchisee in England. “When we started in High Street [Kensington] in 2020, our capex was small, only £120,000,” he said. But because the rent was so high— being a highly commercial area, where all the popular fashion brands are located—he decided to close that store and open at Earl’s Court in September.

“It’s been two months, and so far it’s been okay,” he notes of the new location. Unlike most Potato Corners in Manila, the kiosk exists in the same space as a Filipino restaurant, Cafe V Delight, which Fred also owns. “I told them, if we’re just going to sell [fries], your franchisees will go broke. There’s the rent, and the bills [utilities],” which accounts for a good-sized portion of expenses, he explains, along with food costs as the flavor powders come from Thailand and the Philippines.

Now owned by Shakey’s, Potato Corner’s expansion in the UK is on track. “I’ve spoken with a company which wants to open a Potato Corner in Scotland and Ireland. There’s also one who wants to open in Leeds. So I told [Shakey’s], why don’t we open the franchise to everyone, especially the young ones who want to start a business?”

With so many years in the food business, it’s natural for young people to look up to Fred as a business mentor. “Sometimes they come to me and discuss about franchising Jollibee, but I tell them, ‘Don’t do it big. Start small and be real; you have to build your credibility first. If they have parents who want to lend them £100,000, Potato Corner is perfect for you.’” What’s next for Fred? “Since 2021, I’ve been talking with people affiliated with Gerry’s Grill, and in fact I was supposed to meet with [owner] Gerry Apolinario, but Covid hit.” Fred says he is looking forward to restart franchising talks with them next year. “They know once [Gerry’s Grill is] open, it will be a hit like Jollibee.” So, Sisig and Guinness anyone? n

Show BusinessMirror

‘Home of the Brave’: Documenting despair and advocacy

THERE is a bag lady roaming around LA. She is old. Or, with her gray hair, she looks really old. She moves with a slow gait that does not allow her to catch the bus. Or, by the time she gets to where the bus has stopped, its door has already closed. She tells herself the bus does not want her as a passenger. But then again, maybe the bus driver never noticed her. Or, with her tentative movements, it was not clear whether she was taking the bus.

The next thing, we see her walking uphill until she reaches a room in an apartment. She lives alone. And, except for the documentarian with her, she might as well be alone. She listens to music and tells herself the melody is a boogie-woogie tune and she could dance to it. She dances, the shuffle of her feet reminding her of a dance somewhere in the past.

That part of the past, at least she remembers. She is Amelia Barnachea.

She is in Baby Ruth Villarama’s documentary Home of the Brave, a film about the undocumented migrants in the United States of America. It is about a country, the US, that we refuse to acknowledge in our imagination. Or maybe, our imagination has given us a United States so different, we are now seeing a land so different, so new, so strange, so hostile that we cannot think of it in terms of our luckier cousins and friends.

Earlier, we see the same old woman crossing the street, the same street where a jeepney plies. Every now and then, the camera catches an archway declaring the historic Filipino town, a landmark that is terribly strange because it bandies around a site that begs its own significance.

Amelia is described in the film as a human trafficking survivor. But what does it mean to be involved in human trafficking? As the volunteers and other workers of the Pilipino Workers Center put it, human trafficking has evolved in its meaning. It does not refer mainly to being undocumented; human trafficking indicates a new form of slavery.

The case of Amelia is just one of the many cases in the US. Given the number of Filipinos in that country, one can imagine the extent of the problems and their complexity. There are, of course, lawyers and activists supporting the cases of the many Amelias but the conditions can grow dense as when the situation involves couples with children.

The case of Lord is one significant example. He left the Philippines with his wife and three children, hopeful of the new life in the land not only of the brave but also of plenty. At first, their journey seemed to be one grand, exciting vacation. They stayed with relatives; knowing the extended family system

Soon, there was a need for the two parents to find a job that would support their stay in the US.

The difficult times the husband and wife were facing caused a strain in their family. Their fights became more frequent and, later, violent. At a certain point, the wife reported to the police that she woke up being choked by her husband. Because of this, the husband was detained in a jail and separation followed. If they were in the Philippines, the separation could have assumed a different contour. The problems would still be there but the support system would be present with the families on both sides able to sustain the children. But abroad—in the US—the children were torn between two parents. As the wife did not agree to the documentarian’s request for an interview, the other side of the conflict could not be fleshed out. Where the children would stay could not be resolved easily. At a certain point, one of the children wanted to be with the father. We can only imagine the pain of the separation and how difficult it would be to resolve.

But those two cases paint the small picture. The larger frame looms. What is the value of migration? What is the price of leaving the land of one’s birth?

In the case of Amelia, she narrates how she

the money to, she remains unsure, unclear about them. Do they even need her help at all? Do they love her still?

In the Pilipino Workers Center, Amelia is helped by the volunteers to place a video call. On the screen are faces of people she is supposed to know. She, however, does not recognize them at all. When one of the women begins speaking to Amelia in her language, she responds in that language. But it takes more minutes before she begins calling them by their first names. They are her children.

It is a poignant scene but sadder is the fact that Amelia’s heart seems absent during the conversation. Years and years of being away from home has taken a toll on her memories and the heart whose love is the very reason why she left her home at all.

Home of the Brave harks back to the great epithet about the United States of America in its national anthem; the line could well refer to the territories and tentative homes of Filipinos remaining hopeful about being counted as citizens of a wide, wide land. The documentary, compelling as it opens more questions about migration not to mention personal wounds of many migrants, is directed by Baby Ruth Villarama, edited and produced by Chuck Gutierrez. n

‘TikToClock’ gears up for finals of ‘Tanghalan ng Kampeon’

AFTER competing against some of the most promising singers from the whole nation, only one champion will reign in TikToClock’s singing competition, “Tanghalan ng Kampeon.” Hosted by Kuya Kim Atienza, Faith Da Silva, Herlene Budol, Jason Gainza, and Pokwang, the second season of “Tanghalan ng Kampeon” has been a true success in bringing world-class talents to the limelight. This Thursday, the finalists battled against each other live on TikToClock Powerful vocal prowess and all-out performances were showcased by Trixie Dayrit, Jessa Mae Gallemaso, Lance Fabros, Marvin Mendoza, and Tala Gatchalian. Avid viewers and supporters of the finalists are already looking forward to seeing the winning piece of their “kampeon.” According

to some comments on TikToClock’s Facebook page, “Ang ganda ng laban sa unang banggaan. Lahat sila magagaling kaya malaking blessing na agad na maging finalists.” Following the much-awaited announcement of the winner, TikToClock will treat the audience to a concert experience featuring the “Tanghalan ng Kampeon” Season 2 Grand Champion and all the finalists.

Joining them in the musical special on November 22 are the TikToClock hosts and the judges: Jessica Villarubin, Hannah Precillas, Daryl Ong, Garrett Bolden, and OPM icon, Renz Verano. Celebrate talent and triumph and find out who will shine the brightest in “Tanghalan ng Kampeon.” TikToClock airs weekdays at 11 am on GMA Network.

Hilton Manila’s Executive Chef Lord Carlo Bayaban Honored as Manager of the Year

HILTON Manila is proud to announce that Executive Chef Lord Carlo Bayaban has been awarded the Manager of the Year at the 27th Mabuhay Awards. The winner was revealed at a grand ceremony on November 4, 2024, where Chef Lord’s dedication to eco-conscious cuisine was celebrated.

This prestigious awards program, organized by the Association of Human Resources Managers (AHRM) in the Hospitality Industry, recognizes excellence in various roles within the hotel and restaurant sector.

Chef Lord triumphed among 97 nominees, including 31 in the highly competitive Manager Category. His remarkable career growth, resilience, and unwavering commitment to supporting local farmers from Benguet in the Cordillera Region—through the promotion of fresh, sustainable produce—impressed the esteemed panel of judges during the interview on October 7.

Chef Lord stated, “My passion for sustainability aligns with Hilton’s Travel with Purpose and Think Global but Cook Local and Newport World Resorts’ I Love Earth sustainability programs. These initiatives fuel my personal endeavors to support farmers by consciously choosing to buy from them. By sourcing fresh ingredients locally, we not only enhance the quality of our dishes but

EXECUTIVE Chef Lord Carlo Bayaban - Mabuhay Awards 2024 also strengthen our communities.” Guests are invited to visit Hilton Manila to experience Chef Lord’s delicious and eco-friendly creations firsthand. For

reservations and inquiries, please contact Hilton Manila at +632 7 239 7788 or MNLPH_F&BInquiries@hilton.com or visit www.hiltonmanila.com.

Lasallian Roots Run Deep: Celebrating the Timeless Power of Community Reflections on unbreakable bonds, as a prelude to homecoming.

By Anne Kristine Legaspi Nilooban

THERE is something extraordinary about returning to a place where our shared stories began and helped shape the persons we have become. The one where life-long friendships were born, values were nurtured, and dreams first took shape. That even if life, since, may have pulled each of us in different directions, the sense of youthful nostalgia and belonging pulls from within and towards the path back to the place that “feels like home.”

For the alumni of De La Salle Zobel (DLSZ), such may well be the case as all roads lead back to our alma mater for this year’s annual homecoming, aptly dubbed “Homegrown: The 2024 DLSZ Grand Alumni Homecoming.”

For the class of 1999, this year’s Silver Jubilarians and main host, we’re all set to come home and reminisce the good ol’ times, reconnect with friends and mentors, and at the same time honor the growth within each of us. There’s clarity in our purpose, as emphasized through our central theme “homegrown” and its tagline, that we are, in fact, “coming back to give back.” It is fueled by a sense of gratitude for a past that is rich in great memories, a foundation that has set us up for our own stories of success, and a motivation to pay things forward for future Lasallian generations.

Even better, we’re not going at it alone. As seven other batches celebrate their respective milestones and join us as co-hosts—1984, 1989, 1994, 2004, 2009, 2014, and 2019— most noteworthy being the class of 1984, who happens to be DLSZ’s pioneer batch and thereby the first to ever celebrate a Ruby Jubilee. This year also marks welcoming newly minted DLSZ graduates to the DLSZ Alumni community, the class of 2024.

Whether it’s been five, 25 or 40 years, every DLSZ homecoming brings familiar faces, unforgettable laughs, and new moments added to many already cherished ones. This year, we also step things up a notch by placing the spotlight on homegrown talents to headline the programme. After all, we take pride in the fact that they are #DLSZHomegrown.

Of equal significance for us is having the right partners onboard to support this year’s homecoming. Individuals and organizations that share the same values and foundations that matter most. Hence, joining Batch 1999 as the Diamond Sponsor and Event Co-Presenter is RLC Residences. Together, we are committed to raising the bar on what it means to live well and reconnect– both recognizing the importance of building and nurturing strong foundations and opening doors of opportunity to connect and thrive.

DLSZ has been more than just a school to us; it’s our roots, our stories, and our home. On Saturday, December 14th 2024, we’re going back to rekindle the bonds that time and distance have only but deepened and foster even more timeless connections. ANIMO LA SALLE!

We invite all our fellow DLSZ Alumni to save the date and join us for Homegrown: The 2024 DLSZ Grand Alumni Homecoming, to be held at the Sports Pavilion of the DLSZ campus in Ayala Alabang Village, Muntinlupa City. Tickets are now available via www.dlszhomegrown.com. For table reservations, you may contact us at dlszbatch99@gmail.com, or via any of our official #DLSZHomegrown social media and messaging platforms. This event is co-presented by DLSZ Batch 1999 and RLC Residences, our Diamond Sponsor.

We also wish to thank the following sponsors and partners for their support: Perpetual Help DALTA Medical Center, University of Perpetual Help System DALTA, Converge, Pru Life UK, Figaro Coffee, Singlife Philippines, SMART, Sandari Calatagan, and BusinessMirror.

QC’s go-to place for Liposuction Surgeries: Beyond Aesthetic Clinic in Sikatuna Village

NESTLED in the upscale Sikatuna Village of Quezon City, Beyond Aesthetic Clinic stands as the capital go-to destination for liposuction surgery.

Renowned for housing Board-Certified doctors who are seasoned and sought-after in the industry for their expertise in 360 Liposuction, the clinic also offers an array of cosmetic procedures. This clinic has become the go-to destination for those seeking exceptional results without breaking the bank and years of experience in the industry.

The team has been known to have made strides in making its name through some of our local influencers such as Jade So and Geraldine Rivera who praised them for their body results with the clinic.

The doctors are not only known for their surgical results but also for their personalized approach. Which includes explaining procedures, educating patients about achieving their desired body shape, and tailoring treatment plans to individual goals. It is everything you would want from a doctor who helps you through preparing a procedure.

Beyond Aesthetics Clinic has a long-standing reputation for excellence and a loyal clientele that keeps coming back. They have clients from all over the Philippines, including returning OFWs.

“It’s not just about the results, it’s about the entire experience” – Dr. Arbs Ponciano

Schedule a FREE in-person consultation at Beyond Aesthetics Clinic today and discover firsthand why these surgeons are so highly sought after. You may also request

Urgent Action Needed on Thyroid Disease in the Asia-Pacific Region

THYROID disease is emerging as a significant public health challenge in the Asia-Pacific (APAC) region, with a recent Economist Impact report highlighting that an estimated 11 percent of adults are affected by hypothyroidism compared to two to four percent in other parts of the world. The Economist Impact report titled “Closing the Gap: Prioritizing Thyroid Disease in AsiaPacific” is based on extensive evidence review and insights from a panel of experts in APAC to identify key policy areas for action.

Normal thyroid function is crucial for metabolic regulation, body temperature, and heart rate, among others. Thyroid disease refers to several conditions, including hypothyroidism, hyperthyroidism, congenital hypothyroidism, and thyroid cancer. Thyroid disease is estimated to affect 200 million people globally. Certain groups, such as pregnant women, newborns, older adults, and individuals with genetic predispositions, are particularly vulnerable.

“Because thyroid symptoms are often mild and not very specific, many people do not realize they need to get checked,” according to Dr. Erick Mendoza, president of the Philippine Thyroid Association.

“Among older adults, symptoms like confusion, depression, falls, heart issues, and even changes in bowel habits are often mistaken for normal aging. Waiting too long to seek help can lead to worse health problems and higher healthcare costs,” Mendoza said. The economic burden of thyroid diseases on national health systems is on the rise, showing the need for urgent attention.

Living with thyroid disease can greatly affect a person’s physical, mental, and social well-being, especially if it goes undiagnosed. Low production of thyroid hormones due to iodine deficiency can result in hypothyroidism, which manifests in fatigue,

weight gain, and developmental issues, notably in children.

“Patients don’t always get the treatment they need because there’s not always access to diagnostic tests or even doctors, especially if you live in far-flung provinces, islands, or rural areas,” says Dr. Cecilia Jimeno, a professor of endocrinology, diabetes and metabolism at the University of Philippines College of Medicine and one of the experts who contributed to the research. For people with thyroid disease, the expert panel believes that better understanding of the health effects could help patients adhere to their treatment and follow-up appointments.

“The time to act is now. By prioritizing thyroid health, we can improve outcomes for affected individuals and reduce the overall burden of this public health issue. Initiatives like the Thyromobile Project in the Philippines can raise awareness and provide thyroid services in remote, iodine-deficient areas,” said Martha Paiz Herrera, General Manager and Managing Director, Merck, Inc. The Thyromobile offers goiter screening, thyroid ultrasound, and thyroid stimulating hormone (TSH) screening, with a focus on pregnant and lactating women.

“Addressing thyroid disease demands a multifaceted approach,” says Dr. Aurora Macaballug, president of Philippine College of Endocrinology, Diabetes and Metabolism. “By actively advocating for policies that promote research, funding, and improved access to care, especially through targeted screening and testing, we can create a supportive environment for both patients and healthcare providers.”

For more information on Closing the gap: Prioritizing Thyroid Disease in Asia-Pacific, please visit https://impact.economist.com/ perspectives/health/closing-gap-prioritisingthyroid-disease-asia-pacific.

Jake Enciso, Dr. Jerome

Arbs Ponciano.

ISUZU REESTABLISHES THREE IOS DEALERSHIPS IN THE VISAYAS

IN recent years, Isuzu Philippines Corporation (IPC) has been busy opening new dealerships nationwide. In addition, existing branches are getting the needed upgrade to the Isuzu Outlet Standard (IOS) design. Recently, IPC held a series of inaugurations for its newly renovated IOS facilities in the Visayas, showcasing the company’s commitment to operational excellence and customer satisfaction across key cities in the region. These three dealerships are operated by Ayala’s Iconic Dealership Inc. (IDI).

IPC President Tetsuya Fujita thanked the dealer group for their commitment to enhancing the facilities. “We thank our partners at IDI for their dedication to providing excellent sales and aftersales service in these key areas. Our IOS dealerships are not just places to purchase vehicles; they represent a promise of quality, reliability, and outstanding service. With a streamlined setup and our trusted Isuzu vehicles, we ensure every visit is a productive and rewarding experience for our customers,” he said.

Isuzu Iloilo

THE first to be inaugurated was Isuzu Iloilo. Located in Mandurriao, Iloilo, the newly renovated dealership sits on a 3,400-square-meter lot. It now features an expanded showroom floor

capable of displaying up to four units, including truck models, offering customers a wider selection. The service area has also been upgraded with eight Light Commercial Vehicle (LCV) bays and two dedicated truck bays, catering to the growing needs of fleet customers in the region.

Isuzu Mandaue

NEXT was the re-establishment of Isuzu Mandaue in Cebu. Being the first Isuzu dealership in Cebu, the branch’s revamped facility now spans a 4,280-square-meter area. The spacious showroom can now display up to four vehicles. On the other hand, the service center is equipped with six LCV service bays and two truck bays, enhancing its capacity to serve the bustling Cebu market.

Cebu, recognized as one of the most economically dynamic regions in the Philippines, presents vast opportunities in industries like tourism, trade, and logistics.

Jinggoy Ybanez, Branch Manager of Isuzu Cebu, emphasized the strategic significance of the new IOS-compliant dealership: “Cebu’s booming market demands durable and reliable transportation solutions. Our vehicles, especially the D-MAX pick-up and trucks, are designed to meet these needs.

The enhanced Isuzu Mandaue dealership allows us to better support local businesses by offering a comprehensive range of sales and aftersales services,” he said.

Isuzu Bohol

THE series of IOS dealership

inaugurations concluded in Isuzu Bohol. Although smaller, with a total area of 1,680 square meters, this branch is well-equipped with three display units in the showroom and six service bays. Future expansion plans for the branch’s service area are already in place to better accommodate fleet clients and meet rising demand. According to IPC, the series of IOS-compliant Visayas dealership openings reflects the brand’s dedication to continuously improving customer service and providing state-of-the-art facilities that match the renowned quality of its products. These enhancements are set to offer an elevated experience for customers, ensuring they receive top-tier service and access to a robust lineup of vehicles.

TGR Philippine Cup ends with a big bang

another super-charged crowd at the Clark International Speedway in Pampanga. Alain Alzona won the Sporting Class, Bong Garbes the Promotional Class and Russel Reyes the Novice Class in the third and final leg of the now iconic One-MakeRace (OMR) that exclusively features

mogul who now chairs several Toyota branches that include Toyota’s Otis, SM North Edsa, San Jose del Monte and Marilao, Bulacan.

A highlight once again was the participation of President Masando Hashimoto of Toyota Motor Philippines (TMP).

In his pre-race speech, Hashimoto said he had to cut short his business trip to Europe just so “I could join you again in this event that we all love.”

“I wanted to meet the racers, mechanics, coaches and motorsports fans – this is my motivation for coming back. Today’s races will decide the season winners, so I wanted to say congratulations to them,” he said.

Allana Faith Rufo, from Mixie Flavier’s slew of drumbeaters, writes that drifters Dane “Cruz and Hans Jimenez entertained racing fans with their shotgun rides before the Endurance Race.

Members of GR Supra, GR Yaris and GR

86 car clubs also drove their super cars with lucky spectators on board for a hot lap ride around the speedway.

In becoming champ anew, Anton unleashed a series of masterful overtakes in defeating Russel Cabrera and Maila Alivia. Alzona’s victims in the Sporting Class were runnerup Jesse Garcia and third-placer Paolo Ayo.

Finishing second behind Garbes in the

Promotional Class was Julia Delos Angeles, with Eat Bulaga’s Ryan Agoncillo finishing third. Jamil Lacuna ruled the Novice Class, followed by Reph Bangsil and Russel Reyes in second and third, respectively.

Capping off the races was Filipino band, The Juans, who energized the crowd with their hit songs and lively stage presence.

The TOYOTA GAZOO Racing Philippine

Cup was presented by Petron and GT Radial, with Seiko as official timekeeper. It was also supported by Toyota Financial Services Philippines, myTOYOTA Wallet, Denso, AVT, 3M, ROTA, Tuason Racing, OMP and Kinto One.

October sales up

OCTOBER vehicle sales showed an 8.9-percent increase, up to 384,310 units

sold from 352,971 units during the same period in 2023.

A joint report by the Chamber of Automotive Manufacturers of the Philippines, Inc. (CAMPI) and

“The increase was due to good sales and good stock availability, neutralizing

Story & photos by Randy S. Peregrino

ISUZU Iloilo IOS dealership

ISUZU Mandaue IOS dealership

Isuzu Bohol IOS dealership

NU, La Salle begin title showdown

ATIONAL UNIVERSITY

Nguns for a three-peat as La Salle looks to complete an unbeaten run to the title as the 2024 Shakey’s Super League Collegiate Pre-season Championship finals get going Friday at the Rizal Memorial Coliseum.

The L ady Bulldogs and Lady Spikers face off at 6:30 p.m. in the opener of the best-of-three series.

NU, which aims to complete a season sweep after ruling the National Invitationals, booted out erstwhile unbeaten Far Eastern University, 25-16, 19-25, 25-17, 25-22, in the knockout semifinal.

Reigning MVP Alyssa Solomon, Bella Belen and Vange Alinsug headlined the Lady Bulldogs’ victory over the raging Lady Tamaraws, setting up a clash with the Lady Spikers squad that handed them their lone defeat so far in the competition.

NU, under new mentor Sherwin Meneses, heads into the championship opener looking to avenge its four-set loss to La Salle in the second round which snapped its amazing 28-game win streak that started in 2022.

The L ady Bulldogs are also banking on Alexa Mata, Erin Pangilinan, Arah Panique, Sheena Toring and setter Lams Lamina to score their payback. On the other hand, La Salle had to sweat it out before taming University of Santo Tomas, 26-28, 25-19, 25-20, 21-25, 15-13, in the other semis pairing to extend their winning run to eight.

Angel Canino, 2023 National Invitationals MVP Shevana Laput, Amie Provido and Jyne Soreno are expected to deliver their usual numbers to power the Lady Spikers in their return to the gold medal round of the competition backed by Shakey’s Pizza Parlor, GCash, Chery Tiggo, F2 Logistics, Peri-Peri Charcoal Chicken, Potato Corner, R and B Milk Tea, Grab Philippines, and Summit Water, with Smart Sports, PLDT Fibr, Mikasa, Asics, Rebel Sports, Eurotel, Victory Liner, Commission on Higher Education, Philippine Sports Commission and SM Tickets as technical partners.     The second match of the series and the one-match battle for bronze between UST and FEU will be held on Sunday.

Petrov feted by IOC with

Coaches

Lifetime Achievement Award

By Josef T. Ramos

RNEST JOHN “EJ” OBIENA’S

Ementor Vitaly Petrov has been honored with the Coaches Lifetime Achievement Award by the International Olympic Committee (IOC).

Diving coach Jane Figueiredo of Zimbabwe was the other coach honored on Sunday at the Olympic House in Lausanne, Switzerland.

“We are all happy with it. I attended the awarding ceremony, and it was a great honor to be by his side,” Obiena said.

Th e 86-year-old Ukrainian has been in charge of Obiena’s training since 2014.

Th e ceremony attended by IOC President Thomas Bach honored Petrov for elevating the global standard of pole vaulting through his coaching career that spans more than 60 years, shaping the careers of numerous athletes like Sergei Bubka and Obiena.

“I would never just characterize Vitaly Petrov as a great pole vault coach. This would be selling the man short,” Obiena said in his post. “He is far beyond this. He is a great coach of

human beings. He uses pole vaulting to improve people’s lives, my life.”

“He h as made me a better vaulter. But he has made me a better human being. Gave me a better shot at life. And this is the ultimate measure of a greatness.”

Obiena returns to the Philippines to attend a ribbon cutting and turnover ceremony of his pole vault facility on Friday at the Marcos Stadium in Laoag City, Ilocos Norte.

A fe w weeks after finishing fourth place in the Paris Olympics last August, the World Championships silver medalist and Asia’s No. 1 pole vaulter announced his plan to donate pole vault pits to start his grassroots initiatives.

“One of my biggest dreams is coming true,” Obiena said in his latest post about his dream of bringing home medals abroad in pole vault but there’s bigger than this dream. “But to be honest I have an even bigger dream in vaulting than medals. I believe this Olympic sports Filipinos can excel in.”

“We can be globally competitive year after year.”

After the ribbon cutting, a coaching and pole vault clinic seminar will be held.

Lady Tamaraws, Maroons top UAAP athletics

UNIVERSITY OF THE PHILIPPINES topped the men’s division and Far Eastern University won the women’s side in the University Athletic Association of the Philippines Season 87 athletics championships at the New Clark City Athletics Stadium in Capas, Tarlac. Ed Deliña set the tone for UP’s

championship run by winning the men’s hammer throw on Thursday with a 49.41-meter heave, well ahead of University of Santo Tomas’ John Nicholan Pangan (42.81 meters) and Jhon Laurenze Ballelos (42.08 meters).

B8

Friday, NovemBer 22, 2024

mirror_sports@yahoo.com.ph

Editor: Jun Lomibao

who finished in 9:30.93. National University’s Renz Cruz took third with a time of 9:37.44.

HD Spikers gain share of PVL lead with victory over Crossovers

CIGNAL gained a share of the lead in the Premier Volleyball League All-Filipino Conference by beating Chery Tiggo, 25-19, 20-25, 25-18, 25-21, Thursday at the FilOil EcoOil Arena in San Juan.

The HD Spikers overcame a sixpoint deficit in the fourth set with a 10-4 finishing run. Key contributions from Riri Meneses and Vanie Gandler, supported by Ces Molina’s timely attacks, proved pivotal as the HD Spikers earned their second win in as many matches.

Cignal joins PLDT and Akari on top.

Meneses topscored with 13 points, while Gandler had 12 points and Roselyn Doria added eight. Jacqueline Acuña and Jovelyn Fernandez each scored six points.

Dawn Catindig also shone for the HD Spikers, recording 23 excellent digs and six receptions.

“It ’s a very important win for us. This victory will definitely boost the team’s confidence and serve as a big

upcoming games,” said Catindig.

“This is exactly what we practice during training – embracing the pressure and staying composed. When the match gets tight, we need to learn how to finish the set in our favor,” she added in Filipino.

Ch ery Tiggo, who dropped to 1-1, drew double-digit scores from Ara Galang (13 points), Seth Rodriguez (12), Cess Robles (12) and Mary Rhose Dapol (10). Though they yielded 10 points in spikes, 48-58, the Crossovers dominated the net, coming away with 10 blocks, six more than the HD Spikers.

But Cignal pounced on Chery Tiggo’s shaky reception, scoring 10 aces, including three straight from Cayuna in the third set, against the Crossovers’ three.

Chery Tiggo showed flashes of dominance, particularly with its 11-5 lead early in the fourth set. However, lapses in execution in the clutch allowed the HD Spikers to capitalize.

The HD Spikers’ face the Choco

Chua appointed Gilas Pilipinas program director

THE Samahang Basketbol ng Pilipinas (SBP) has made it official: Alfrancis Chua is Program Director and Team Manager for Gilas Pilipinas Youth and Men.

The Maroons topped the table with 290 points on a haul of four gold, seven silver and five bronze medals. FEU had 286 points with a 5-3-6 goldsilver-bronze haul, while UST had 236 points with a 6-5-4 haul.

Josh Buenavista claimed silver for UP in the 3,000-meter steeplechase with a time of 9:31.67, just behind eventual Most Valuable Player Alfrence Braza of FEU,

FEU claimed the gold in the 110-meter hurdles, with Timothy Okolo finishing in 14.58 seconds, ahead of University of the East’s Edgie Garbin, UST’s John Celestino Romero, and FEU’s Joseph Antiola III in a photo finish. Garbin and Romero took second and third, leaving Antiola and the Tamaraws off the podium.

The gold in the 4x400-meter relay went to NU, with John Lloyd Cabalo, Khenneth Simtim, John Masuhol, and Orly Orongan clocking a new league record of 3:14.00, erasing the 3:17.04 mark set by UP in 2018.

Unbeaten Martin returns to Mexico for crucial bout

CARL JAMMES MARTIN returns to the ring next week against crafty veteran Ruben Tostado Garcia in a nontitle super bantamweight fight in Tijuana, Mexico. The 25-year-old southpaw is coming off a second-round technical knockout win against Mexican Anthony Jimenez Salas last September 7 in Sinaloa, and he is now bracing for another Mexican brawl on November 30. arl Jammes Martin looks to close 2024 with a big victory for a world title fight in 2025,” Sean Gibbons, president of Manny Pacquiao’s MP Promotions, said.

“We have been incredibly happy with his progress since he arrived here in the US.” Mar tin, from Lagawe, Ifugao,

is undefeated in 24 fights with 19 knockouts, while Garcia is a 30-yearold veteran of 42 fights with a 2714-1 win-loss-draw record with 10 knockouts.

Ranked No. 2 in the World Boxing Organization and No. 7 in the International Boxing Federation (IBF), Martin is looking to get a shot at a world title by next year.

“We look forward to a junior featherweight title fight in 2025. He will be ready by that time because we expect him to show it next week in Mexico,” Gibbons added.

Backed and promoted by Manny Pacquiao’s MP Promotions and Tom Brown’s TGB Promotions under Al Haymons Premier Boxing Champions (PBC), Martin who trains at Knucklehead Boxing Gym in Las Vegas. Josef T. Ramos

Alonzo stars as St. Benilde claims NCAA men’s badminton crown

Aof

men’s crown Thursday in the National Collegiate Athletic Association Season 100 badminton

competition at the Centro Atletico in Cubao, Quezon City. Michael Garcia came up with a strong start for CSB, scoring a 21-17, 21-14 triumph over Mel de Vera in the first singles match before San Beda’s Arjay Lazareto and Joaquin Pollentes knotted it with a 21-14, 21-10 shellacking of Ronnie Mullet and Troy Oliveros in the doubles. Alonzo wrapped it up with the triumph in the deciding singles match with a performance to remember.

“My training has paid off,” the 23-year-old Alonzo, who trains under former national team mainstay Lloyd Escoses, said. Earli er, San Sebastian completed a back-to-back reign in juniors by blanking San Beda on triumphs by eventual MVP Seth Quiambao over Ron Ezekial Zakarias, 21-17, 21-8, in the singles and Giet Linaban and JV Lanuza over Adrien Villegas and Allen Lopina, 21-9, 21-12, in the doubles.

“I am ver y happy that Alfrancis is back with Gilas. I work well with him and our only objective is to elevate Philippine basketball,” said SBP President Al Panlilio. “The SBP also extends our appreciation to San Miguel Corporation [SMC] Chairman and Chief Executive Officer Ramon Ang for supporting this decision to have Alfrancis help the program again.” Chu a assumes this task in addition to his roles as SMC Sports Director, Barangay Ginebra San Miguel Governor, and PBA Vice Chairman. Sin ce being appointed to lead SMC’s basketball operations in 2015, Chua has helped Ginebra, San Miguel Beer, and Magnolia to a combined 15 championships in the PBA. He won the PBA Executive of the Year Award in 2018, 2021, and 2024. As Team Manager for Gilas Pilipinas Men in the 2022 Hangzhou Asian Games, Chua was instrumental in helping the Philippines break its six-decade wait for a basketball gold medal and the SBP is hopeful that similar success is on the horizon with his official return to the program.

“It w as great having him on the bench motivating the players. He is such a great motivator. That’s one of the things that we hope to enhance the program with his presence,” said Gilas Pilipinas Men head coach Tim Cone.

“He has always been there for me to consult with and talk with. And of course, we had that great run in the Asian Games which was fantastic.” Gilas Pilipinas was set to take on Gilas New Zealand Wednesday in the second window of the FIBA Asia Cup Qualifiers, with the match against Hong Kong set November 24. “I’m happy I’ll be able to help Gilas in this capacity,” said Chua. “I thank boss RSA for giving me his blessing in taking this new role and I look forward to working with coach Tim and LA [Tenorio].”

CHUA

ABEGAIL PRONO and the Lady Bulldogs face off with Vida Caringal and the Lady Spikers.

VANIE GANDLER and the HD Spikers notch their second straight win.

ALONZO

PETROV