Issuu

ROTARY CLUB OF MANILA JOURNALISM AWARDS

2006 National Newspaper of the Year 2011 National Newspaper of the Year 2013 Business Newspaper of the Year 2017 Business Newspaper of the Year 2019 Business Newspaper of the Year 2021 Pro Patria Award 2026 National Newspaper of the Year PHILIPPINE STATISTICS AUTHORITY 2018 Data Champion

BusinessMirror

www.businessmirror.com.ph

A broader look at today’s business n

Saturday, July 11, 2026 Vol. 21 No. 270

EJAP JOURNALISM AWARDS

BUSINESS NEWS SOURCE OF THE YEAR

(2017, 2018, 2019, 2020)

DEPARTMENT OF SCIENCE AND TECHNOLOGY

2018 BANTOG MEDIA AWARDS

P25.00 nationwide | 2 sections 20 pages | 7 DAYS A WEEK

Farm trade deficit narrows to $988.65M in May–PSA PHILIPPINE AGRICULTURAL TRADE | MAY 2026

$2.669B Exports $840.18M ▲ 12.8%

Imports $1.829B ▲ 1.5%

Trade Deficit $988.65M ▼ 6.4%

By Ada Pelonia

WHAT PULLED FDI DOWN? Component

April 2026

YoY Change

Net debt instruments

$44M

▼91.7%

Reinvested earnings

$80M

▼1.23%

Net equity investments*

$127M

▲ from $4M

*Net equity investments excluding reinvested earnings.

FDI SLUMPS TO DECADE LOW OF $250M IN APRIL By Andrea E. San Juan

HE amount of foreign capital that flowed into the Philippines slumped to $250 million in April 2026—the lowest in nearly 10 years or since June 2016, due to a “significant” pullback in intercompany borrowings amid lingering global uncertainties.

“Foreign investors have not necessarily lost confidence in the Philippines’ long-term prospects.”— Ruben Carlo O. Asuncion, UBP chief economist, on how investors are becoming more selective in deploying capital rather than pulling out of the Philippine market

than 90 percent year-on-year and accounted for most of the weakness in the headline number. “This suggests that foreign parent companies adopted a more cautious approach in extending funding to their Philippine affiliates amid lingering global uncertainties, including trade tensions, geopolitical risks, and episodes of financial market volatility,” Asuncion explained further. The $250-million net FDI in April is 58.8 percent lower than the $607 million in April 2025, data from the Bangko Sentral ng Pilipinas (BSP) showed.

Ruben Carlo O. Asuncion, chief economist at Union Bank of the Philippines (UBP), explained that the sharp decline in Foreign

Direct Investment (FDI) net inflows in April “largely reflects a significant pullback in intercompany borrowings,” which fell by more

DMW to appeal dismissal of plunder charge vs Ignacio in ₧1.4-B land buy

Batangas lands ₧3.34-B solar factory

By Samuel P. Medenilla

HE Department of Migrant Workers (DMW) said Friday it will appeal the Office of the Ombudsman’s decision to dismiss the plunder and malversation charges against those involved in the P1.4-billion land procurement deal of the Overseas Workers Welfare Administration (OWWA) including its former administrator, Arnaldo “Arnel” A. Ignacio.

IGNACIO

The Ombudsman issued its resolution dated June 19, 2026 on the cases filed by DMW on the said deal, but the agency only received its copy last Tuesday. See “DMW,” A2

See “FDI,” A2

MYKHAILO POLENOK | DREAMSTIME.COM

HE country’s agricultural trade deficit narrowed to $988.65 million in May, according to the Philippine Statistics Authority (PSA). Data from the PSA showed that the country’s farm trade deficit fell by 6.4 percent to $988.65 million in May, from $1.06 billion in the same period last year. Exports rose by 12.8 percent year-on-year to $840.18 million in the reference month, from $745.08 million. Import receipts still held the lion’s share of the farm trade at $1.828.83 billion, inching up by 1.5 percent from $1.801.79 billion in the previous year. Overall, the country’s total agricultural trade grew by 4.8 percent to $2.669 billion, down from the 11.2 percent increase in April 2026, but a slight increase from the 3.7 percent growth in May 2025. Edible fruit and nuts; peels of citrus fruit or melons were the top farm export in May, earning $299.68 million or 35.7 percent of total farm export revenues. This was followed by animal, vegetable, or microbial fats and oils and their cleav-

Top ASEAN supplier—Vietnam Top ASEAN buyer—Malaysia Top EU buyer —Netherlands

BM Graphics: Ed Davad

TOTAL TRADE ▲ 4.8%

age products; preparations of vegetables, fruit, nuts, or other parts of plants; and tobacco and manufactured tobacco substitutes. The top 10 commodity groups contributed $815.03 million in the reference month, posting a year-on-year increase of 12.3 percent. Malaysia remained the top buyer of farm goods from the Philippines in the Asean region in May, as it bought $27.9 million worth of exports, or 36.5 percent of total farm shipments to Asean member countries. Among European Union (EU) nations, the Netherlands also maintained its spot as the country’s major trading partner, accounting for $66.25 million or 40 percent of shipments to the bloc. Meanwhile, cereals were still the country’s leading farm import in May at $454.21 million or 24.8 percent of total agricultural inbound shipments. The top 10 commodity groups reached a total $1.56 billion, up by 3.7 percent from the same month of 2025, based on PSA data. Among its Asean partners, the Philippines continued to source the most farm products from Vietnam at $256.6 million or 35.8 percent of the total shipments from the region.

GSE Law marks two decades of trust, service, and enduring partnerships

By Bless Aubrey Ogerio

HE Philippine Economic Zone Authority (Peza) has formalized the registration of a P3-billion Australian-backed solar manufacturing project in Batangas, adding to the agency’s growing portfolio of renewable energy investments. Peza and Philippine Aurion Solar Technologies Inc. signed a Registration Agreement covering the project, which manufactures solar wafers, solar cells, photovoltaic (PV) modules, inverters, solar mounting systems and battery energy storage systems (BESS). The company invested more than P3.34 billion in the manufacturing facility, which is located at the First Philippine Industrial Park. Established in September last year and registered as a Peza export enterprise, the project has already completed and begun operating its manufacturing facility inside the economic zone. According to Peza, the company has recruited and trained more than 400 local professionals and technical workers for its solar manufacturing operations. Over the longer term, the project is expected to generate about 508 direct jobs while supporting technology transfer, workforce upskilling and the

GSE LAW founders Raul Gerodias, Dimples Suchianco, and Toby Estrella

PEZA Director General Tereso O. Panga (right) and Philippine Aurion Solar Technologies Inc. President Samuel Yang sign the Registration Agreement for the company’s Australian-backed solar manufacturing project during a ceremony on July 7, 2026. PEZA

development of the country’s renewable energy manufacturing ecosystem. Peza Director General Tereso Panga said the project reflects continued investment in advanced manufacturing for the renewable energy sector. “We welcome more companies bringing advanced technologies and manufacturing capabilities to the Philippines, especially

as solar energy continues to grow into one of Peza’s largest and fastest-growing investment sectors,” Panga said. He added that Peza would continue maintaining a predictable and rules-based n business o ati environment as renewable enfl n I ergy investments expand across its economic zones, supporting the long-term growth of the solar manufacturing industry.

HEN Gerodias Suchianco Estrella (GSE) Law was established in January 2006 by Raul Gerodias, Dimples Suchianco, and Toby Estrella, its founders shared a simple conviction: that the practice of law is, above all, built on trust. Twenty years later, that principle continues to define the Firm. Over the past two decades, GSE Law has grown alongside an evolving legal and business landscape. It has navigated economic shifts, sweeping regulatory changes, technological transformation, and a global pandemic while remaining anchored on the values that have guided it from the beginning—integrity, commitment, and excellence. Those principles have shaped not only the Firm’s legal practice but also the relationships it has cultivated with clients, business partners, and the wider community. More than legal expertise, GSE Law has built its reputation on credibility, reliability, and a steadfast commitment to serving others.

Celebrating Two Decades

ON 25 June 2026, GSE Law celebrated its 20th anniversary with an evening reception at Edsa Shangri-La, Manila, bringing together clients, colleagues, partners, and friends to commemorate two decades of shared milestones and enduring partnerships. The celebration looked back on the Firm’s journey from a modest practice established by three founding partners into one of the country’s respected full-service law firms. More importantly, it celebrated the people and relationships that have shaped its story. Reflecting on the Firm’s vision, founding partner Raul Gerodias shared, “Our goal has never been to be the biggest law firm. Our goal is to be the most respected, the most trustworthy, and the most helpful. At the same time, we aspire to be the friendliest and safest place to work— a place where people can grow, thrive, and do their best work.” See “GSE,” A2

PESO EXCHANGE RATES n US 61.5830 n JAPAN 0.3793 n UK 82.5766 n HK 7.8594 n CHINA 9.0683 n SINGAPORE 47.6649 n AUSTRALIA 42.7201 n EU 70.4017 n KOREA 0.0409 n SAUDI ARABIA 16.4042 Source: BSP (July 10, 2026)

News BusinessMirror

A2 Saturday, July 11, 2026

www.businessmirror.com.ph

FDI SLUMPS TO DECADE GSE Law marks two LOW OF $250M IN APRIL decades of trust, service, “The challenge moving forward and enduring partnerships is to sustain stronger growth Continued from A1

Likewise, investments secured from foreign countries in April of this year fell by 59 percent from the $611-million investments in the previous month or in March 2026. As to what pulled down investments in April, data from the central bank noted that net debt instruments saw the sharpest drop or by 91.7 percent to $44 million, from the $522 million in April 2025. Net debt instruments in April were 88 percent lower than the $368 million recorded in March or the previous month. The central bank explained that net investments in debt instruments consist mainly of intercompany borrowing/lending between foreign direct investors and their subsidiaries/affiliates in the Philippines. Meanwhile, reinvestment of earnings dipped by 1.23 percent to $80 million from the $81 million in April 2025. In contrast, Net Equity Other than Reinvestment of Earnings climbed to $127 million in April 2026, compared to the $4 million in April 2025. While reinvested earnings also softened, Asuncion said: “It is worth noting that equity investments actually improved, indicating that foreign investors have not necessarily lost confidence in the Philippines’ long-term prospects.” “Rather, what we are seeing is a more selective and measured deployment of capital,” Asuncion added.

momentum and maintain a competitive investment environment that will encourage foreign firms not only to enter the market but also to expand existing operations.”—Asuncion January to April 2026 data

LIKEWISE, net foreign direct investments (FDI) slumped to $1.97 billion in the January to April 2026 period, down 26.5 percent from the $2.675 billion in the fourmonth period in 2025. BSP said the decline in the yearto-date investments was driven by lower foreign net investments in debt instruments and reinvestment of earnings, which more than offset the increase in foreign net investments in equity capital. For the first four months of 2026, the central bank said equity capital placements were “sourced primarily” from Japan, the United States, and Singapore. These, the BSP noted, were channeled largely into the manufacturing, financial and insurance, and real estate industries. In the view of Asuncion, the year-to-date decline “reinforces the view that investors remain cautious, especially as global growth

outlooks remain uncertain and domestic growth in the early part of the year was relatively subdued.” That said, the Union Bank’s chief economist said he would not read this as a “structural weakness” in the country’s investment story. “FDI data can be highly volatile from month to month, particularly when debt instruments drive the movement,” Asuncion explained further. Still, the economist emphasized that the Philippines continues to benefit from “favorable demographics, a large consumer market, ongoing infrastructure development, and continuing reform efforts.” “The challenge moving forward is to sustain stronger growth momentum and maintain a competitive investment environment that will encourage foreign firms not only to enter the market but also to expand existing operations,” Asuncion pointed out.

Continued from A1

Founding partner Dimples Suchianco recalled the Firm’s steady growth over two decades. “We started in 2006 with just three partners and seven associates,” she said, “Today, the Firm has grown to 18 partners, 35 associates, and two special counsels. We are a team of over 100 lawyers and staff—a testament to two decades of steady growth, shared commitment, and the continued confidence our clients place in us.” For founding partner Toby Estrella, the anniversary was ultimately about gratitude. “Thank you for the trust, support, and opportunities you have given us through the years. You have been with us during important milestones and challenges alike. Your confidence in our Firm has helped shape who we are today.” The reception concluded in the same spirit that defined the anniversary year: gratitude—for the trust reposed in the Firm, the partnerships forged over the years, and the people whose support made its journey possible.

A Year of Meaningful Milestones: Purpose Beyond Practice

RATHER than limiting the celebration to a single evening, GSE Law marked its 20th anniversary through a year-long series of initiatives that reflected the values at the heart of the organization. The anniversary celebration began in September 2025 with Kaanib sa Misyon, a community outreach initiative inspired by the belief that the practice of law is ultimately a profession of service. Working alongside Fresh Hope for Families, CCT Paglingap Foundation, Inc., and Wholistic Transformation Resource Center (WTRC), the Firm brought legal, medical, and dental services to the Ayta community and students of Sitio Target Integrated School in Angeles, Pampanga. More than an outreach activity, the initiative underscored the human dimension of legal practice—recognizing that behind every legal issue is a person seeking dignity, opportunity, and hope. The program was later recognized with the Gold Award

“WE started in 2006 with just three partners and seven associates. Today, the Firm has grown to 18 partners, 35 associates, and two special counsels. We are a team of over 100 lawyers and staff—a testament to two decades of steady growth, shared commitment, and the continued confidence our clients place in us.”

for Community Impact and Civic Engagement by the American Chamber of Commerce of the Philippines. The Firm subsequently returned to the community to turn over a newly completed kitchen and laboratory facility, together with solar-powered streetlights— projects intended to create lasting benefits for future generations.

Honoring People and Shared Purpose

IN January 2026, GSE Law gathered its lawyers and professional staff for a Thanksgiving and Recognition Celebration. The occasion honored longserving members of the Firm for their loyalty and dedication while providing an opportunity for reflection on the lessons learned, challenges overcome, and aspirations that continue to guide the organization. A symbolic ceremony, where members wrote their hopes on lantern-shaped cards and placed them on a shared canvas of stars, reflected a collective vision for the Firm’s future—one defined by optimism, purpose, and shared commitment.

Balik-GSE: A Homecoming

LATER that month, current and

former members reunited for Balik-GSE, a homecoming that celebrated the relationships formed throughout the Firm’s history. The gathering highlighted a defining aspect of GSE Law’s culture: that beyond professional achievement, the Firm has fostered a close-knit community we fondly call the GSE Family, whose members remain connected long after their time in the organization. For many, the reunion was a reminder that GSE Law’s legacy is measured not only by the cases it has handled or the clients it has served, but by the people who have shaped its culture and strengthened its values over the years.

Looking Ahead

AS GSE Law enters its third decade, the Firm continues to measure success not merely by growth, but by something far more enduring: the trust it has earned, the relationships it has nurtured, the principles it has upheld, and the lives it has touched. Those remain the foundations upon which GSE Law intends to build the future—continuing a tradition of excellence in legal practice while remaining true to the values that have guided it since 2006.

DMW to appeal dismissal of plunder charge vs Ignacio in ₧1.4-B land buy Continued from A1

DMW filed the charges against those who played a role in the land deal in July last year. In the resolution, the Ombudsman found Ignacio guilty of violating Article 177 of the Revised Penal Code for usurpation of official function, when he signed the deal without the approval of the OWWA Board of Trustees. It has decided to file the necessary criminal charges against Ignacio before the proper courts, which DMW said would likely be in Pasay, where OWWA main office is located. “It is the office of the Ombudsman who will take this initiative. Of course we will work closely with

the office of the Ombudsman on this matter,” Cacdac said in a press conference last Friday. If found guilty of the said offense, Ignacio can face imprisonment from a minimum of 6 months up to a maximum of 6 years. The Office of the Ombudsman, however, dismissed the charges of malversation of public funds, plunder and violation of the AntiGraft and Corrupt Practices Act complaint against Ignacio, two former deputy administrators of OWWA, private sellers of the property, and six private individuals for their role in selling the 1.5-hectare property near the Ninoy Aquino International Airport (NAIA). The lot was supposed to be used for the construction of a halfway house for overseas Filipino workers (OFWs). Ignacio earlier denied he committed any wrongdoing in approving the transaction. “But what we plan to do is to file a motion for reconsideration because in our view the resolution did not pass upon details that we submitted to the Honorable Office of the Ombuds-

man,” Cacdac said. He said among the details they want to highlight to support their claim of two counts of AntiGraft and Corrupt Practices Act violations by those involved in the transactions was the undue haste with which the deal was finalized, which appeared to favor the seller. The DMW chief presented images of the two checks issued by OWWA for the P1.4-billion payment issued on 30 August 2024, before the deed of sale for the land was signed on 12 September 2024. He said they will mention in their appeal how the 51 condominium units, which were built on the purchased land and was given valuation of P97 million by the Land Bank of the Philippines (LBP), were demolished before it was turned over to OWWA. Based on the valuation made by LBP, the land and the condominium units should only be worth P1.2 billion. “So the point here is the government paid for condominium units that no longer exist. That’s the damage,” Cacdac said. “So we’re hoping that the Honorable Office of the Ombudsman will take a second look [on their complaint],” he added.

www.businessmirror.com.ph

News

‘Consumers disputing Meralco bill shock deserve disconnection freeze’ By Butch Fernandez

EN. Risa Hontiveros on Friday called for a “no disconnection” policy for Meralco consumers who are contesting their electricity bills due to alleged erroneous meter readings. “Consumers who were erroneously charged should not be forced to pay disputed charges just to keep their lights on. It’s not their fault that the meter reading was in error. It’s not the consumers who should adjust,” Hontiveros said. The senator made the call following a growing number of complaints from consumers who claimed they received unusually high electricity bills because of incorrect meter readings. In one reported case, a household was billed for electricity consumption even though its circuit breakers had been switched off while the family was away on vacation. Meralco later acknowledged that the bill resulted from a meter reader’s error. However, the Energy Regulator y Commission (ERC) advised that those who contest their bills must still pay under protest to avoid disconnection while their complaints are being investigated.

Meralco explains

MERALCO, however, stressed that “customers with pending billing concerns are not required to pay the disputed amount while their cases are under review, nor will their electric service be disconnected during the investigation.” In addition, said Joe R. Zaldarriaga, Vice President and Head of Corporate Communications, “we suspended disconnection activities for all our customers with unpaid bills covering the May to July 2026 billing periods pursuant to a directive of the Energy Regulatory Commission.” In a statement issued in response to BusinessMirror’s request, Meralco reiterated

“that we continuously address the concerns of all customers regarding their electricity bills, consumption, or meter reading through our official customer touch points. “Rest assured that we have been diligently reviewing and resolving every customer concern brought to our attention.” Earlier, Hontiveros expressed dismay over the reported position of the ERC. “Why does it seem like the interest of Meralco is given priority? I don’t think they will go out of business because of unpaid contested bills. But most of our people who are blindsided by suddenly swollen bills are the ones who will have a hard time adjusting their budgets for it,” Hontiveros said, partly in Filipino. “If the dispute over the bill is legitimate, it is not fair to compel them to pay right away. They could use the extra money for their more vital needs for the month,” Hontiveros added. While the Magna Carta for Residential Electricity Consumers guarantees the right to accurate metering and provides consumers with remedies to question erroneous bills, it does not expressly prohibit the collection of disputed amounts or the disconnection of service while a billing dispute remains pending. “ERC should do something about this. It is their mandate to take care of the welfare of consumers. They should ensure there is a fast, just and effective process for resolving billing disputes, so that consumers are not put in a difficult situation,” Hontiveros said. Hontiveros will file a Senate resolution directing the Senate Committee on Energy to conduct an inquiry, in aid of legislation, into the reported cases of erroneous meter readings and billing disputes. The proposed inquiry aims to determine the extent of the problem, review existing consumer protection mechanisms, and identify reforms to ensure that consumers are protected from unjust billing practices.

CIAC recognized for ₧585.7-M dividend remittance to Treasury

LARK FREEPORT ZONE, Pampanga—The Clark International Airport Corporation (CIAC) was recognized by President Ferdinand R. Marcos Jr. for remitting P585.71 million in dividends to the National Treasury, underscoring the state-run firm’s commitment to sound fiscal management and its contribution to funding the government’s priority programs for the Filipino people. The recognition was conferred during the 2026 GOCCs’ Day celebration held on 08 July 2026 at Malacañang Palace, where President Marcos honored governmentowned and controlled corporations (GOCCs) that demonstrated exemplary performance and fulfilled their dividend obligations to the national government. CIAC President and Chief Executive Officer Jojit Alcazar received the Certificate of Recognition from President Marcos, together with Executive Secretary Ralph Recto, Finance Secretary Frederick Go, and Governance Commission for GOCCs (GCG) Chairperson Atty. Marius Corpus. CIAC was among the GOCCs recognized, alongside its parent agency, the Bases Conversion and Development Authority (BCDA), and fellow BCDA subsidiaries Clark Development Corporation (CDC), John Hay Management Corporation (JHMC), and Poro Point Management Corporation (PPMC). The dividend remittance of P585,709,498.80 represents 60 percent of CIAC’s adjusted net income for fiscal year 2025 and is 88 percent higher than the P310.99 million remitted in 2024. The increase reflects the corporation’s sustained financial growth, operational efficiency, and prudent fiscal management. Alcazar said the recognition affirms CIAC’s continuing efforts to strengthen its financial performance while supporting the national government’s development agenda. “This recognition reflects CIAC’s commitment to good governance, financial discipline, and responsible stewardship of public resources. Beyond fulfilling our statutory obligation, our dividend remittance represents our contribution to the government’s efforts to improve the lives of Filipinos through better public services and infrastructure,” Alcazar said.

CIAC’s remittance exceeds the minimum requirement under Republic Act No. 7656, or the Dividend Law, which mandates GOCCs to remit at least 50 percent of their adjusted net earnings to the National Government. Based on CIAC’s adjusted net income of approximately P976 million in 2025, the corporation was required to remit around P488 million. Alcazar noted that CIAC likewise complied with the Department of Finance’s directive encouraging GOCCs to increase their dividend remittances, resulting in the higher payout to the National Treasury. He attributed the corporation’s strong financial performance to improved operational efficiency, sound fiscal management, a business-friendly environment for investors and locators, and sustained efforts to attract strategic partnerships that support the continued development of the Clark Aviation Capital. CIAC also expects its dividend contributions to continue growing as it advances its seven flagship projects under the Clark Aviation Capital, the corporation’s aviationoriented development program that integrates logistics, commerce, innovation, and sustainable urban development to generate long-term investments, employment opportunities, and economic growth. During the GOCCs’ Day celebration, President Marcos underscored the crucial role of GOCCs in strengthening the country’s fiscal position and enabling the government to deliver essential public services. “Every peso remitted strengthens the government’s capacity to deliver better services without imposing additional tax burden on ordinary Filipinos,” the President said. He added that the dividends remitted by GOCCs will help fund classrooms for students, housing for Filipino families, and farm-tomarket roads that improve the livelihoods of farmers and fisherfolk, demonstrating how responsible corporate governance directly benefits communities across the country. CIAC is the aviation and land development arm of the BCDA and manages the 2,367-hectare Clark Civil Aviation Complex, where the Clark Aviation Capital is being developed as the country’s premier aviationcentric investment and economic hub.

Saturday, July 11, 2026

Cabinet finalizes ₧7.2-T NEP for 2027 ahead of Sona

By Samuel P. Medenilla

RESIDENT Ferdinand Marcos Jr. and his Cabinet have finalized the 2027 National Expenditure Program (NEP) ahead of his upcoming fifth State of the Nation Address (Sona) this month, according to the Presidential Communications Office (PCO). “The Cabinet discussed and approved the 2027 national expenditure program as presented by the DBM (Department of Budget and Management),” PCO Acting Secretary Dave M. Gomez told report-

ers in a Viber message on Friday. Last month, DBM issued a National Budget Memorandum, where it disclosed that the proposed national budget next year will be P7.2trillion, higher compared to the

P6.679-trillion 2026 NEP. DBM noted that the government is faced with a “very narrow fiscal space” next year due to automatically appropriated items including the National Tax Allotment (NTA) shares of local government units. The government estimated that P1.32 trillion of the budget next year will be allocated for LGUs in compliance with the Mandanas-Garcia Ruling of the Supreme Court. The decision requires the national government to give LGUs 40 percent of all government ta x collections and not just internal revenue three years prior to 2024. See “NEP,” A14

DMW monitoring 2,500 Pinoy sailors in Gulf as US, Iran trade strikes anew

HE Department of Migrant Workers (DMW) is closely monitoring the status of the remaining 2,500 Filipino sailors in the Persian Gulf amid the resumption of hostilities between the United States and Iran around the area this week. In a press conference on Friday, DMW Secretary Hans J. Cacdac disclosed that Filipino seafarers, who were able to leave the Persian Gulf last month when Washington and Tehran started peace talks, rose to 3,671. “That leaves us with approximately around 2,500 [Filipino seafarers] still left in the Gulf,” Cacdac said. DMW reported last week that only 2,100 Filipino seafarers were able to exit the Persian Gulf after Iran eased its restrictions in the Strait of Hormuz. See “Pinoy,” A14

BSP pushes employer-sponsored PERA for workers’ retirement security

HE Bangko Sentral ng Pilipinas (BSP) continues to push for the adoption of Personal Equity and Retirement Account (PERA) as a workplace benefit. The goal is to help Filipino employees build long-term financial security. This call was amplified during the forum, “PERA@Work: Powering Employer-led Retirement Security Through PERA,” at the BSP head office in Manila on 08 July 2026. Established under Republic Act No. 9505 or the PERA Act of 2008, PERA is a voluntary retirement savings program. It complements benefits from the mandatory Social Security System and the Government Service Insurance System. Employees based in the Philippines can put up to P200,000 per year into a PERA account. Filipinos based abroad can put up to P400,000 a year. Earnings, as well as, withdrawal at 55 years and above are tax free. Under PERA, individuals may open accounts independently or through employer-led arrangements. Employers who contribute to their employees’ PERA can avail of tax incentives under the PERA framework. Employers, who previously could get a 100% tax deduction

on their contributions, can now get a 150% tax deduction under a provision of the Capital Markets Efficiency Promotion Act passed in 2025. This means that the cost of providing retirement benefit to employees is substantially reduced. According to BSP Governor Eli M. Remolona, Jr., “For the economy as a whole, PERA has what you call network effects. Every new saver deepens the market for everyone else. More savers mean more capital. For bonds and equity, more companies expanding, more jobs. Your PERA works harder because others put theirs to work too.” Deputy Governor Lyn I. Javier also said, “Retirement security is not solely a government responsibility, nor solely an individual responsibility. It is a shared undertaking in which employers can play a transformative role.” Assistant Governor Ma. Belinda G. Caraan noted, “Our goal is simple: to move from just awareness to real action. We hope more employers will consider facilitating PERA enrollment, integrating PERA into benefits programs, or providing contributions that help employees build long-term financial security.”

In a video message, Finance Secretary Frederick D. Go noted, “By working together, we can foster a stronger culture of saving and investing, improve financial resilience, and help ensure that more Filipinos can retire with confidence.” Meanwhile, Labor and Employment Secretary Francis N. Tolentino expressed support for the initiative, noting that, “this initiative is very timely as it allows individuals to save and plan for their retirement through an investment account with tax incentives.” Cohosted by the BSP, Trust Officers Association of the Philippines (TOAP), and Fund Managers Association of the Philippines, the forum gathered more than 350 participants including business leaders, human resource executives, finance officers, and policymakers. Discussions focused on retirement planning, pension funding in the Philippines, the role of employers in promoting retirement security strategies for helping employees save for retirement, and insights on integrating PERA into workplace financial wellness programs. The presenters were Bureau of Internal

Revenue Attorney III Ron Mikhail V. Uy and E.M. Zalamea Actuarial Services, Inc. President and Chief Executive Officer (CEO) Raymund Benedict C. Zalamea, while TOAP President Robert B. Ramos and Metropolitan Bank & Trust Company Multi-Asset Investments, Trust Banking Group Head Christian Nero V. Porlas attended as moderators. The panelists were Zalamea; EastWest Banking Corporation CEO Jerry G. Ngo; ATRAM Trust Corporation President Deanno J. Basas; ATRAM Trust Corporation Chief Client Relations Officer Melanie Allison C. Grey; AIA Investment Management and Trust Corporation President Angel Marie L. Pacis; Bank of the Philippine Islands (BPI) Wealth Clients Head Yvette Mari V. De Peralta; BPI Institutional Wealth Head Kenneth John S. Gavino; BDO Unibank, Retail Accounts Department Head Patricia Lei S. Alvarillo; and DragonFi Securities, Inc. Senior Research Associate Franco M. Fernandez served as panelists. PERA administrators were also present to provide information on PERA products, assist par ticipants with account opening, and answer questions about the program.

Kiwanis convention brings 1,200 delegates, boosts MICE tourism (JCI) World Congress on Nov. 11-15 in Clark (6,000 pax). These are the largest MICE events in the Philippines, following the government’s cancellations of in-person government

OVER 1,200 Kiwanis leaders from 31 countries in the Asia Pacific region were in Manila recently to attend their international convention from June 24 to 27 at the Manila Marriott Grand Ballroom. They held networking receptions, Aspac cultural showcases, regional recognition, and membership development activities. The conference was supported by the Tourism Promotions Board, the marketing arm of the Department of Tourism. PHOTO COURTESY TPB By Ma. Stella F. Arnaldo

Special to the BusinessMirror

VER 1,200 Kiwanis leaders from 31 countries visited the Philippines re ce nt l y to p a r t i c i p ate i n their international convention, giving a bump in the MICE (Meetings, Incentives, Conventions, Exhibitions) tourism sector. In a news statement, Tourism Promotions Board (TPB) Chief Operating Officer Ma. Margarita Montemayor Nograles said: “We are proud to have welcomed thousands of Kiwanian leaders, proving that meaningful travel goes hand-in-hand with strengthening communities and empowering future generations.” The TPB is the marketing arm of the Department of Tourism (DOT). She noted this was the first time for the Philippines to have hosted the Kiwanis

International Convention 2026, which was held from June 24 to 27, 2026 at the Marriott Hotel Manila, and marked the convention’s return to the Asia-Pacific (Aspac) region after more than a decade. Kiwanis is a global network of volunteer service clubs dedicated to the improvement of communities and the lives of children. It was founded in 1915 and is headquartered in Indianapolis. It has more than 600,000 volunteers across 80 nations. Nograles told the BusinessMirror the “TPB is assisting” other major MICE events in the second half of the year, which will attract “over 5,000 participants.” These include: the Asean Youth Entrepreneurship Summit 2026, on Aug. 12 in Manila with an estimated 8,000-10,000 participants; the Health and Wellness Conference and Expo 2026 on Sept. 4-6 in Manila (10,000 pax); and the Junior Chamber International

meetings for the Association of Southeast Asian Nations (Asean), which the country is chairing this year. See “Kiwanis,” A4

News

Saturday, July 11, 2026

www.businessmirror.com.ph

Philippines: Batanes is ours, not China’s

By Malou Talosig-Bartolome

HE Philippine Department of Foreign Affairs (DFA) has dismissed as “revisionist” assertions made at a Chinese academic symposium claiming sovereignty over the Batanes, stressing that the province is firmly under Philippine jurisdiction.

“Flights of fancy should not be dignified with a response. Nevertheless, the Philippines’ sovereignty over Batanes is settled and not up for debate. The Philippines will not entertain revisionist claims over its territory and calls on socalled scholars to focus their energies on genuine, goodfaith studies of the region,” DFA Acting Spokesperson Analyn Ratonel said. Ratonel added that the Philippineapproved consular district of the Chinese Consulate General in Laoag explicitly includes Batanes. Under the Vienna Convent ion on Con su l a r R e l at ion s, consular districts can only be established w ith the consent

of the host countr y. This approval process ref lects China’s tacit acknowledgment of Philippine jurisdiction over Batanes, since Manila deter mines the boundaries of consular districts within its territor y. Foreign Affairs Secretary Ma. Theresa Lazaro likewise played down the assertions as purely academic. “Let’s not look into that. They’re academics...We only listen to governments,” she told reporters at the sidelines of the conference commemorating the 10th year anniversary of the Arbitral Ruling on the South China Sea.

Historical commish cites records

THE National Historical Commis-

sion of the Philippines (NHCP) also issued an official statement rejecting the Chinese symposium’s claims. It countered that satel lite and oceanographic data show a continuous shelf from Northern Luzon through Babuyan and Batanes Islands, linking them more directly to the Philippines rather than to Taiwan. NHCP stressed that historical records and treaties—including the Treaty of Paris (1898) and the Treaty of Manila (1946)—clearly establish Batanes as part of Philippine territory. The NHCP called a false narrative the claims that Batanes was under Taiwan Prefecture during the Ming and Qing dynasties, It noted that the earliest extensive documentation of Batanes by British explorer William Dampier in 1687 showed no trace of Chinese governance, with the Ivatan people living in independent communities trading with other maritime nations. The NHCP emphasized that sovereignty over Batanes is not only a matter of law but of historical continuity, and attempts to revise this are “baseless and misleading.” The DFA and NHCP reactions came after scholars at Jinan University, joined by academics from

Nanjing University, the Chinese Academy of Social Sciences, and other institutions, argued that the Batan Islands are a “natural geographic extension” of Taiwan and therefore part of China’s sovereignty. Participants at the June 30 symposium rejected the validity of JapanPhilippines maritime delimitation talks announced in May, claiming they infringe on China’s sovereignty and contravene international law. Ju Hailong of Jinan University cited Ming and Qing dynasty records placing the islands under Taiwan Prefecture jurisdiction, while other scholars pointed to cultural ties between the Ivatan people of Batan and the Tao people of Lanyu. Lega l ex per ts at the sy mposium argued that under Unclos, delimitation is only valid between states with opposite or adjacent coasts, a condition Japan and the Philippines do not meet. “ The socalled JapanPhilippines delimitation negotiations were invalid from the moment they were launched,” said Wang K an of Guangdong University of Foreign Studies. See related: https://businessmir ror.com.ph /2026/07/09/ chinese-scholars-batanes-partof-taiwan-ergo-part-of-china/

Keeping peace in South China Sea also includes enforcing intl law–PBBM at ruling’s 10th anniversary By Samuel P. Medenilla

AINTAINING peace in the crucial waterway must be backed by actions in enforcing international law, President Ferdinand Marcos Jr. said during the 10th Anniversary of the 2016 Arbitral Ruling, which invalidated Beijing’s attempts to claim almost the entire South China Sea. The chief executive stressed that preventing conflict in the South China Sea is a continuous process, which does not end with the Arbitral Ruling. “For our peace, our pursuit of peace is not passive. It requires the courage to defend what is right, to uphold our international commitments, and to engage constructively with all who seek mutual respect and shared prosperity. We hold a simple but unwavering conviction,” he said in his speech at the diplomatic recep-

tion marking the 10th Anniversary of the Arbitral Ruling at the Conrad Manila in Pasay City on Friday. Nevertheless, he recognized the importance of the July 12, 2016 ruling, which proves how the United Nations Convention Law of the Sea (Unclos) can peacefully settle maritime territorial disputes. The arbitral tribunal had cited provisions of the Unclos in deciding in favor of the Philippines in its opposition to China’s excessive claims in the South China Sea. “As we mark the conclusion of today’s landmark commemorative conference, we gather not merely to celebrate a legal milestone, but to reaffirm a living truth that peace can only endure when it is anchored on justice, mutual respect, and the sovereign equality of all nations,” Marcos said. “Thirteen years ago, when the Philippines initiated these arbitration proceedings, we stood before the world to assert a timeless,

universal principle that disputes between nations must be resolved not through coercion, not through the threat or use of force, but through peaceful means and the rule of law,” he added. The ruling, he said, has allowed the government to continue to defend the rights of Filipino fisherfolk, who continue to cast their nets in the disputed waters. “When we defend the rule of law, we are not merely defending lines on a map. We are defending the lives, the livelihoods, and the future of our peoples. The law exists ultimately to protect the vulnerable, to shield human dignity from the whims of raw power,” Marcos said. China does not recognize the Arbitral Ruling and still continues to encroach parts of the South China Sea within the Exclusive Economic Zone of the Philippines. It has, on several occasions, harassed Filipino fishermen in parts of the South China Sea.

The Philippine government has responded by deploying its coast guard to safeguard the said fisherfolks and filing diplomatic protests to Beijing. Marcos said the country will continue to push for a peaceful resolution of the dispute to transform the South China Sea into an area of cooperation between Manila and Beijing. “The South China Sea must never be an arena of conflict. It must remain a sea of peace, cooperation, and connectivity. A body of water that sustains livelihoods, fosters trade, protects marine biodiversity, and unites rather than divides our nations,” he said. “Let the next decade be defined not by what international law prevents, but by what we can collectively achieve when we honor its promise to protect the vulnerable, to safeguard our oceans, and to secure a stable, peaceful world,” he added.

China launches another ‘Long March 10B’ rocket–PhilSA

HINA has launched another “Long March 10B” rocket from its Hainan International Commercial Launch Center in Wenchang, Hainan, the Philippine Space Agency (PhilSA) confirmed on Friday. In a statement, agency said that debris from the launch are “ projected to have fallen within the identified drop zone (DZ): approximately 180 NM (nautical miles) away from Bajo de Masinloc, 281 NM away

from Patag Island, and 298 NM away from Bolinao, Pangasinan. PhilSA said the drop zone is within the Manila Flight Information Region (FIR). The launch took place around 12:16 p.m. PhST (Philippine Standard Time) this July 10. “Details of the rocket drop zone were disclosed through a Notice to Airmen (Notam) warning of an ‘aerospace flight

activity.’ PhilSA disseminated a pre-launch report to relevant government agencies and authorities prior to the launch,” it added. It also said that unburned debris from rockets, such as the booster and fairing, are designed to be discarded as the rocket enters outer space. “While not projected to fall on land features or inhabited areas, falling debris poses danger and potential risk to ships,

Kiwanis. . . Continued from A4

“As the Philippines continues to attract major international events, the success of the Kiwanis International Convention at the Marriott Grand Ballroom demonstrates the country’s ability to top world-class event experiences in Asia and beyond,” said the TPB Chief. The DOT, however, has yet to release a Strategic Action Plan to further develop the MICE sector after the agency launched in 2018 its MICE Roadmap 2030 in partnership with the Department of Trade and Industry and MICE venue developers and organizers. This was one of the is-

aircraft, fishing boats, and other vessels that will pass through the drop zone,” PhilSA said. It also said that there is a possibility for the debris to float around the area and wash toward nearby coasts. “Additionally, the possibility of an uncontrolled re-entry to the atmosphere

AFP slams Chinese claims on Batanes By Rex Anthony Naval

HINESE claims that Batanes is part of China as a “geographical extension of Taiwan” are baseless, the Armed Forces of the Philippines (AFP) said on Friday even as it rejected the allegation. In a message to reporters, AFP spokesperson for the West Philippine Sea (WPS), Navy reservist Rear Admiral Roy Vincent Trinidad, said the military categorically rejects and dismisses the baseless assertion from a statesanctioned symposia in China. “We view this latest disinformation as salami slicing in the information domain. It is the systematic manufacturing of false historical and legal narratives intended to desensitize the international community, gradually alter the status quo and establish a pretext for future expansion,” he added. Trinidad added that it is absolutely clear that the Philippines’ sovereignty over Batanes is settled, indisputable, and non-negotiable. “The province of Batanes is an integral part of our republic, protected by international law and entrenched in our historic national boundaries,” he added. Trinidad also emphasized that the AFP “cannot and will not let these attempts of foreign malign influence go unchallenged.” “Leaving these attacks on our cognitive domain unanswered allows revisionist history to take root. The AFP remains fully committed to protecting our cognitive domain, maintaining total Maritime Domain Awareness and defending the territorial integrity of the country,” he noted. Meanwhile, Department of National Defense (DND) Secretary Gilberto Teodoro Jr. on Thursday affirmed the Philippines’s steadfast commitment to upholding international law and defending the country’s maritime rights and entitlements in the strategic area of the WPS. Teodoro made the comment in his speech during the National West Philippine Sea Summit, held on July 8–9, in commemoration of the 10th anniversary of the landmark 2016 Arbitral Award which took place on July 12, 2016. Teodoro emphasized that safeguarding the country’s maritime rights begins with cultivating greater public understanding and national ownership of the WPS. He stressed the need to deepen public awareness of the country’s maritime entitlements. “There should be increasing awareness and ownership of the West Philippine Sea, Kalayaan Island Group, our EEZ in the whole of the Philippines, and extended continental shelf, in an increasingly granular manner. Such knowledge and awareness must be cascaded heavily so that it forms part of the psyche of our normal citizen, Juan de la Cruz or Juana de la Cruz,” the DND chief added. Expounding on this, Teodoro underscored that true ownership goes beyond awareness—it requires Filipinos to embrace the country’s maritime domain as a shared national responsibility, likening it to the care and protection that define the bond between a parent and a child. “I was looking for a Tagalog or Filipino term to capture the spirit of knowledge. I was thinking, pag-ako, pag-angkin, pagmamay-ari, it’s not enough…It’s pagyakap, you embrace. Why do you embrace? It’s because you have ownership. You steward, you don’t kill the people you embrace…You nurture, and you protect…‘Yakap’ denotes a special bond, like a parent with a child,” the defense chief noted. He emphasized that such a mindset is essential to ensuring that the country’s maritime rights and resources are preserved not only for the present, but also for future generations. “Why is this important? To me, it’s really important because we steward these areas, all of these areas, not for ourselves, but for future generations of Filipinos. For whom, in order to steward these areas, we should make major commitments and investments,” Teodoro pointed out. He also emphasized that preserving a rules-based international order requires sustained cooperation among like-minded states, stressing that collective action and shared responsibility remain essential in addressing common security challenges and safeguarding regional stability. “We need adherents, we need co-actors, and for lack of a better term, coinvestors to resist any unilateral attempt to reshape the international order for the unilateral and selfish advantage of a leadership,” Teodoro noted. Organized by the WPS Foundation in collaboration with the National Task Force–West Philippine Sea, government institutions, academia, and the private sector, the multisectoral summit brought together government officials, policymakers, legal experts, members of the academe, and other stakeholders to strengthen public understanding of the WPS and the enduring significance of the 2016 Arbitral Award. The two-day event featured capacity-building lectures, policy dialogues, and town hall discussions on the Law of the Sea, maritime governance, national security, and Philippine approaches to the WPS.

See “Rocket,” A14

sues raised by stakeholders during the recent tourism industry dialogue hosted by the Tourism Congress of the Philippines and the Management Association of the Philippines. During the DOT’s presentation for its 2026 budget, it was learned that MICE tourists accounted for just one percent of the total visitor arrivals in the country, or just 470,000 in 2024. (See, “MICE tourism stuck at 1% of arrivals, still no action plan,” in the BusinessMirror, Sept. 29, 2025.) Due to the ongoing Middle East tensions, which have caused fuel prices to surge, the Marcos Jr. administration declared a state of national emergency and moved for the cancellation of in-person meetings

by government agencies and local government units. For the Asean meetings, hybrid meetings have been scheduled instead leading to massive cancellations of guest bookings in many hotels, resorts, and restaurants. The Philippines will have hosted over 650 official summits and cluster meetings for the Asean meetings, although no estimates can be found of in-person participants. Since the declaration of the national energy emergency, only the 48th Asean Summit with the heads of state of Asean member-nations has been held in person so far. The Summit alone, which was held on May 7-8 Cebu, had an estimated guest list of some 20,000 delegates including 15 heads of state.

As per TPB, other major MICE events for the rest of the year are: The 23rd Urological Association of Asia Congress in Manila on Sept. 3-6 with an estimated 3,000 participants; Asia Pacific Digestive Week) 2026 in Pasay City on Nov. 24-28 (3,500 pax); 34th International Congress of Antimicrobial Chemotherapy 2026 in Pasay City on Dec. 7-9 (2,500 pax). Next month, the Philippines will also host the 20th International Conference on Women Engineers & Scientists and 9th Women Engineers & Scientists Summit on Aug. 4-7 in Clark (650 pax); and the 2026 World of Safety and Security Expo and 2026 World of Consumer Electronics Expo on August 5-8 in Pasay (350 pax).

OurTime BusinessMirror

www.businessmirror.com.ph

Harvard Grant Study and the biology of belonging: Relationships prolong life By Jona C. Redondo

N a world obsessed with diets, exercise regimens, and anti-aging supplements, one critical pillar of well-being often gets overlooked: social health. Defined as the quality and quantity of our connections to others — encompassing a sense of belonging, supportive relationships, and regular meaningful interactions — social health profoundly influences both how happy we feel and how long we live. Decades of rigorous research, including landmark longitudinal studies and expert insights, demonstrate that strong social ties are not just nice-to-have; they are as vital as nutrition or physical activity for a fulfilling, extended life.

The Harvard Grant Study: Decades of evidence

ONE of the most compelling bodies of evidence comes from the Harvard Study of Adult Development, also known as the Grant Study. Launched in 1938, it is one of the longest-running studies on human happiness and health, tracking participants for over 85 years. Psychiatrist Dr. Robert Waldinger, the study’s current director, has summarized its core finding in widely viewed TED Talks: good relationships keep us happier and healthier. Period. In his 2015 TED Talk, “What Makes a Good Life? Lessons from the Longest Study on Happiness,” Waldinger explains that people with strong social connections to family, friends, and community are happier, physically healthier, and live longer than those who are less connected. Loneliness, by contrast, accelerates cognitive decline and shortens lifespan. A follow-up 2023 TED Talk further reinforces that warm relationships protect against life’s challenges and better predict long, happy lives than wealth, fame, IQ, or genetics. The study tracked two groups: Harvard undergraduates and a more disadvantaged cohort from Boston’s inner city. Researchers gathered data through interviews, medical records, and questionnaires.

Key insights include:

CLOSE relationships at age 50 were a

stronger predictor of physical health at age 80 than cholesterol levels. Men with satisfying marriages at midlife reported better mood and health in old age. Satisfaction with relationships mattered more than the sheer number of connections; quality trumps quantity. Waldinger notes that even in a crowd or marriage, one can feel lonely if connections lack depth. Positive relationships provide emotional buffers against stress, delay mental and physical decline, and foster resilience.

Meta-analyses and populationlevel data

BROADER research echoes these findings. A landmark 2010 metaanalysis by Julianne Holt-Lunstad and colleagues, reviewing 148 studies involving over 300,000 participants, found that strong social relationships increase the odds of survival by 50 percent—an effect comparable to quitting smoking and larger than many other lifestyle factors like obesity or physical inactivity. Social isolation and loneliness carry severe risks. The US Surgeon General’s advisory highlights that loneliness increases premature death risk by about 26 percent, while social isolation raises it by 29 percent. These effects rival smoking 15 cigarettes a day. Strong connections lower risks of heart disease, stroke, dementia, depression, anxiety, and chronic inflammation. They improve immune function, sleep quality, and cardiovascular health through mechanisms like reduced cortisol and increased oxytocin, dopamine, and serotonin. The World Health Organization (WHO) has also emphasized social connection’s role, linking it to better mental health and reduced early mortality. A 2025 WHO report noted loneliness contributes to an estimated 871,000 deaths annually worldwide. Social scientist Kasley Killam, in her TED Talk “Why Social Health Is Key to Happiness and Longevity,” argues that social health deserves the same attention as physical and men-

tal health. Interacting with a diverse range of people—even casual chats with baristas—boosts happiness and belonging. Face-to-face interactions are ideal, though quality digital connections can help. She stresses that social health enhances longevity by mitigating risks of dementia, depression, and early death.

Mechanisms: How social ties promote health

SOCIAL connections benefit us through multiple pathways: Stress reduction: Supportive relationships buffer chronic stress, lowering blood pressure and inflammation. Behavioral influence: Friends and family encourage healthy habits like exercise, balanced eating, and medical check-ups. Cognitive stimulation: Regular interactions keep the brain active, potentially delaying decline. Emotional regulation: Sharing joys and burdens fosters resilience and purpose. Psychologically, belonging combats isolation’s despair. Physiologically, positive interactions modulate the hypothalamic-pituitary-adrenal (HPA) axis, preventing the wearand-tear of chronic isolation, which mimics early-life adversity effects. Susan Pinker, in another TED Talk on Blue Zones (regions with exceptional longevity), highlights that the strongest predictor of living past 100 in places like Sardinia is not diet or genes but robust social integration and face-to-face interactions.

Practical implications for modern life

DESPITE evidence, modern society faces an epidemic of loneliness. Remote work, digital overload, urbanization, and declining community involvement contribute. Yet individuals can cultivate social health: Prioritize quality time: Nurture a few deep relationships rather than chasing hundreds of acquaintances. Build community: Join clubs, volunteer, attend religious services, or participate in group activities. Small interactions matter: Smile, make eye contact, and chat with neighbors or service workers.

A nation of lukewarm minds

AVE you experienced being served with a bowl of noodle soup or a cup of brewed coffee that is lukewarm? Of course, it would upset you, especially if it cost you P150 for that single serving. Yet time and again, we get served with a kind of government that is like a dish or tea that’s gone tepid. Guess who chose the servers in government who are supposed to minister to our needs as citizens? If our elections were multiple choice tests designed to measure our nation’s fitness to move up to a higher grade, then we would have received failing marks time and again. The record shows we have fumbled not once but many times over, making the same wrong choices when it comes to our leaders. Filipinos can be likened to grade school children who are branded as “repeaters.” No wonder as a nation we are still stuck in the lower grades after all these years. Many of our present crop of leaders whom we have been electing, have been governing us poorly. We have leaders plying the top cor-

ridors of power who got elected to their government positions without serving in any public office, who even brag about not having finished college, or barely passing the bar. In other words, “pasang awa.” There are those who have been suspected of plundering government funds yet they still get elected even with this stain on their name. There’s the other kind who, once elected, are not heard from anymore until the next election time. I am reminded by one of the most memorable movie endings, from Amadeus, as the character Antonio Salieri utters to every one within earshot: “Mediocrities everywhere, I absolve you. I absolve you all,” giving license to others to find glory in inadequacy when excellence is out of reach. There is a term for a government led by mediocre leaders: “kakistocracy.” The first part of the word comes from the Greek kákisto(s), meaning “worst.” So kakistocracy means “government by the worst.” The rulers are called “kakistocrats.” I have heard from foreigners who

have grown to love our country that we should have been a first world nation by now. We have everything going for us. Abundant resources, good geography, strategic location, a young population. But somehow with these givens, we still have not realized our true potential. They all point out to our weakest link as the main factor. It’s governance, stupid. Mediocre governance is what mediocre voters get when they choose the wrong leaders, election after election. The result is mediocracy. We cannot point the finger of blame at our executive, legislative, or judicial branches. The other fingers point at us— the electorate. Ultimately, the fault lies with us. We are not a thinking electorate. As a society, our politics and culture are characterized by an overwhelming lack of fresh ideas. We tolerate mediocrity instead of cultivating real intelligence. As voters we are lukewarm, no real passion for candidates. No one is required to think. Instead of thinking, we would rather choose to do it the easy way, voting for people based on name recall not on capability or background. Name recognition wins over track record 9 out of 10. This is why it’s so easy for movie and radio personalities to win overwhelmingly. There is a built-in recognition advantage. It’s a mirror of our entertainment industry, where sons and daughters of established and known actors and actresses have undue advantage over newbies who have no parental name capital.

Editor: Angel R. Calso • Saturday, July 11, 2026 A5

NCSC, LandBank digitalize cash gifts for senior citizens

By Wilnard Bacelonia

ENIOR citizens eligible for cash gifts under the Expanded Centenarians Act will soon receive their benefits through faster and more secure digital payment channels following a new partnership between the National Commission of Senior Citizens (NCSC) and Land Bank of the Philippines (LandBank). The agreement was signed by NCSC Chairperson and CEO Ma. Merceditas Gutierrez and LandBank President and CEO Lynette Ortiz on July 1, with NCSC Acting Executive Director IV Ana Marie Calapit and LandBank Executive Vice President Marilou Villafranca as witnesses. The Supplemental Memorandum of Agreement was signed to institutionalize the nationwide digital distribution of cash gifts under Republic Act 11982. The law grants P10,000 to senior citizens who reach the milestone ages of 80, 85, 90, and 95, and P100,000 to those who reach 100 years old. In a news release Monday, Gutierrez said the partnership is meant to bring government support closer to elderly Filipinos by removing the usual barriers in claiming benefits. “By modernizing our financial delivery systems, we are not just distributing funds; we are actively eliminating barriers, reducing long lines, and delivering dignity, security, and respect to our older population,” she said.

Then there is nepo-politics. When we get used to a name it becomes a brand, which we become predisposed to check on the ballot time and again. It’s almost automatic. This is why long time serving politicians groom their wives, sons, daughters, nephews and in-laws, to run for various positions because they carry the recognizable political brand name. The thing is they win

even if every single one of them do not deserve it. Nepotism has become a winning formula. In one town, all the officials come from the same family, all being paid by taxpayers’ money. There are many variations of this nepo-political system where elections are co-opted and manipulated so political power is kept within the family. As one observer commented, politics has become a family business. It is ironic. We use stricter criteria in choosing an employee. We subject a potential candidate for an executive position to a more rigid vetting process. We scrutinize his trackrecord and personal life in detail. A single flaw or inadequacy is enough

accounts may open one through the LandBank Mobile Banking App or the Digital Onboarding System at any LandBank branch, reducing the need for lengthy paperwork. Meanwhile, Ortiz said digital banking should be measured not only by speed and technology, but by its ability to protect vulnerable sectors. “At LandBank, we believe that true development is not merely measured by technological advancement, but by how effectively we use it to protect and care for the vulnerable sectors of our society,” Ortiz said. For 2026, the NCSC is set to disburse more than P3 billion in cash gifts to around 299,000 beneficiaries under

NCSC Chairperson and CEO Ma. Merceditas Gutierrez (second from left) and LandBank President and CEO Lynette Ortiz (second from right) formalize a partnership on July 1, 2026 to digitalize the nationwide distribution of cash gifts for senior citizens. The signing as witnessed by NCSC Acting Executive Director IV Ana Marie Calapit (left) and LandBank Executive Vice President Marilou Villafranca (right). PHOTO COURTESY OF NCSC

Under the arrangement, qualified beneficiaries with existing LandBank accounts may have their cash gifts directly credited to their accounts. The cash gifts may also be released through LandBank’s weAccess internet banking facility and bulk crediting system, PISO Plus Account, LandBank Visa Debit Card, or other nominated bank accounts. Senior citizens without LandBank

to cross him out from the list. The problem is we have a shallow way of choosing people and a low bar for what we expect from the people we elect. Just like the dish at a carenderia, which is below our expectations, we just shrug our shoulders and say “pwede na.” Konting ayuda from time to time and we become followers for life. The lamest excuse for making easy but wrong choices can be summed by the cynical statement: “pare-pareho lang naman ang mga iyan.” Alas, ignorance, indifference or cynicism about the people who are supposed to lead us will not serve our nation well. I have always held that a healthy democracy depends on a wellinformed citizenry who think for themselves. Do good citizens make good governments, or do good governments make good citizens? To some extent, both are true; these things go together. But first, we need to be wellinformed voters. Thomas Jefferson wrote that a discerning, well-informed electorate is a prerequisite to healthy democracy. It doesn’t stop with being well informed. Each citizen must learn to think and decide for himself and not simply go with what the rest of them are saying. The challenge we Filipinos face is much less about where we want to go as a nation and much more about who can actually get us there. It is only by putting leaders of better quality in charge can our country expect better governance.

the Expanded Centenarians Act. As of May 2026, the commission has already served 75,922 grantees nationwide, with total cash gifts reaching P801.79 million. The partnership supports the Marcos administration’s digital governance agenda by shifting the delivery of senior citizens’ cash incentives to electronic payment channels that are expected to be faster, safer, and more accessible. PNA

So, let’s start weaning voters away from a lukewarm culture of making easy wrong choices towards a healthy and involved culture that demands excellence, honesty and accountability from our leaders. This means investing more in education not just in schools but in every town plaza, and in all convergence points on social media. It should be a kind of no-nonsense education that equips our voters, especially the youth, with critical thinking abilities and empowers them to become responsible, demanding citizens. Mind you, lukewarm thinking is seeping not only into our politics, but into our culture as well where everything is about pre-packaged, easily digestible shows, music groups, teledramas media require no thought. We need to awaken before it completely immobilizes our ability to properly consider the development of our society, or to initiate fresh change. Let’s sound the alarm to start thinking for ourselves, to ask questions and to question everything, especially those who are in positions of power. Stop being a lukewarm voter. It’s time to use our vote intelligently. If we succeed in awakening a critical mass of citizen-voters, then it would be just a matter of time that we would see massive improvements in the quality of government performance at the local and national level. We deserve leaders who will serve with passion and dedication. Hindi malamig, kundi may alab ang paglilingkod bayan.

BusinessMirror

Saturday, July 11, 2026 • Editor: Gerard S. Ramos

businessmirror.lifestyle@gmail.com • www.businessmirror.com.ph

What are people watching these days? Cybersecurity must be embedded in corporate strategy, experts say

IMAGES FROM DISNEY+ AND PRIME VIDEO PH ON FACEBOOK

BY RIZAL RAOUL REYES

RE you still subscribed to streaming services? If so, are you still watching content from these platforms? Since subscriptions cost money, here is a list of suggested content you might want to watch while stuck in traffic (as a passenger, of course) or in a flight without any entertainment. Think of my list as a way of maximizing and getting some fun out of what you’ve already paid for. This is by no means a review or collection of reviews but a list of what many people are watching on these sites.

NETFLIX

■ ‘Enola Holmes 3’: This follows Enola Holmes 2, which was released in 2022. Millie Bobby Brown reprises her role as the title character, the sister of detective Sherlock Holmes. ■ ‘Avatar: The Last Airbender Season 2’: Of course, Gen Z and young millennials will love Avatar: The Last Airbender Season 2, which follows Aang and his team deep into Earth Kingdom territory for 17 episodes. The group searches for an earthbending master and tries to reach the impenetrable city of Ba Sing Se. ■ ‘Voicemails for Isabelle’: This romantic comedy drama film was written and directed by Leah McKendrick and stars Zoey Deutch and Nick Robinson. It’s a story about grief, love, and life.

PRIME VIDEO

■ ‘Elle’: This series is the prequel to Legally Blonde and tells the story of Elle Woods, our favorite blonde,

in high school. I personally have not watched it but it should be fun (and pink, of course). ■ ‘Project Hail Mary’: Imagine waking up in space and you have no idea how you got there. This is what happens to a high school teacher played by Ryan Gosling in Project Hail Mary. ■ ‘Off Campus’: This Prime Video exclusive narrates how a music student and the university’s star hockey player fall in love on campus. It is based on the Off-Campus book series by Elle Kennedy.

HBO MAX

■ ‘Euphoria’: Don’t watch this if you’re a conservative parent with teenage kids. But if you’re game for a lot of emotional and mental ups and downs, go for Euphoria with three seasons on HBO. ■ ‘The Legend of Kitchen Soldier’: This series stars young Korean actor Park Jihoon, who is also an

idol. It’s a comedy fantasy drama. ■ ‘House of the Dragon’: The lore and lure of House Targaryen continues. The third season covers the events of the book Fire & Blood.

DISNEY+

■ ‘Hoppers’: This is the story of a young animal lover who uses technology that places her consciousness into a robotic beaver. Because of this, she discovers mysteries within the animal kingdom. ■ ‘Perfect Crown’: A prince and a commoner fall in love in modern-day Korea in a series co-starring IU and Byeon Woo-seok. ■ ‘Ready or Not 2: Here I Come’: Grace MacCaullay once again takes part in high-stakes ritual that involves being hunted in order to protect her sister.

Xbox Helix reportedly to not have disc drive in the console BY PATRICK VILLANUEVA AFTER the kerfuffle of PlayStation discontinuing physical discs by January 2028, another gaming giant Xbox may follow suit, as it is reported that Xbox Helix was never planned to have a physical disc drive at all. In a recent Xbox Two Podcast, Microsoft and Xbox insider Jez Corden revealed a report that Xbox Helix may stop supporting physical games with their new console, stating that “Project Helix was never planned

to have a disc driver.” However, a report from Tom Warren, a correspondent from The Verge, maintains that nothing has been set to stone yet. He also earlier reported that Xbox had been quietly working on a disc-to-digital feature that will digitalize physical games from Xbox One and Xbox Series X, the Project Positron. “They are trying to figure out what they can do here before they can fully commit to the death of physical discs,”

Corden said during the Xbox Two Podcast. “I still think there’s very little chance that Helix will have a disc drive natively,” he added, stating that this practice has become unviable. “Manufacturing operates on scale. If you are the only company on Earth commissioning a disc drive, the costs are going to go up. Volume impacts how much things cost,” Corden commented, adding that removing the disc drive is one way to reduce cost, thus leading him to believe that Xbox will continue with their original plan

of not having it at all. Meanwhile, Xbox was apparently looking for a middle ground to continue the legacy of their discs with Project Positron, as earlier reports stated that this disc-to-digital feature will make it so that physical discs will be kept in a digital library. However, Corden stated that this feature will not enable sharing or selling of discs fully, as once the game is installed on a different console, the original owner will lose access to the game.

PS3, PS Vita to discontinue access in PlayStation Store DESPITE the announcement that PlayStation will be moving towards digital, PlayStation recently announced that they will be stopping its PlayStation Store access on the beloved PlayStation 3 and PS Vita starting this year, followed by its global closure in 2027. After two decades of supporting the consoles, PlayStation Store will close on the PS3 and PS Vita on select markets this year, meaning that no new content purchases will be available for users, according to a recent blog by PlayStation. PlayStation cited the updating of commerce systems and payment processing as the reasons for the cessation of operations. With these updates, PlayStation said that both consoles will be unable to support these updates. “As the PlayStation Store continues to evolve to support modern commerce systems, including updated payment processing standards, PS3 and PS Vita are no longer able to support these updates at the level required,” the blog reads.

Mexico, Honduras, and Nicaragua will start closing in August 2026, followed by several Latin American and Middle Eastern countries. Meanwhile, the rest of the global operations for the store in these consoles will stop by July 2027. “We know this news may be disappointing to PS3 and PS Vita players who hold a special place in their hearts for this generation of gaming. PS3 and PS Vita represent an important era in our PlayStation history, so this was not an easy decision for us to make,” the blog stated. “To our amazing players, we want to give our heartfelt thanks for your ongoing passion and support, which has helped inspire us to shape PlayStation into what it is

today. We are excited for the future ahead as we continue to push the

boundaries of play. We look forward to having you on this journey with us as we explore new game worlds and new adventures that have yet to come,” they added.

PATRICK VILLANUEVA

IN view of the worsening threats to the information and communications technology (ICT) infrastructure of the local corporate sector, the top official of a premier cybersecurity organization stressed recently that cybersecurity must be embedded into corporate strategy and executive decision-making, rather than treated solely as a technical function. “Cybersecurity is now a leadership responsibility. Organizations that prioritize cyber resilience are better positioned to protect their operations, customers, and long-term growth,” said Luis Jacinto, president of the Information Security Officers Group (ISOG) For his part, ISOG vice president and Veterans Bank chief information security officer Alvin Punsalan emphasized that while technology drives innovation, cybersecurity safeguards that innovation—making resilience a shared responsibility among boards, executives, and business leaders. During the inaugural I AM SECURE CXO Connect Series 1, business executives, cybersecurity professionals, government representatives, and technology leaders underscored the urgent need for stronger cyber resilience across the country. Held in Makati City, the exclusive executive forum carried the theme “Orchestrating Cybersecurity in a Fragmented Global Landscape.” The event emphasized that cybersecurity is no longer merely an information technology concern, but a strategic business, governance, and national security priority. The discussions highlighted how organizations face increasingly complex risks—from AI-powered cyberattacks and ransomware to threats against critical infrastructure and digital services—making cybersecurity essential to sustaining business continuity, protecting consumer trust, and supporting the country’s digital economy. Xialeemar Valdeavilla, CEO of XMS, ISOG Consultant, and I AM SECURE Partner, explained that the CXO Connect Series was intentionally designed as a highly curated executive platform that enables meaningful discussions, peer learning, and strategic collaboration among decision-makers confronting similar cybersecurity issues. Unlike traditional conferences centered on product presentations, Valdeavilla said the forum featured three executive tracks focused on leadership insights, governance, strategic planning, and practical experiences in building cyber resilience. She noted that the success of executive forums is measured not by attendance, but by the quality of conversations, partnerships forged, and concrete actions that emerge afterward. Pam Valmonte, I AM SECURE Operations Head and XMS Operations Manager, announced that I AM SECURE CXO Connect Series 2 will be held on August 5, 2026, continuing the executive dialogue on emerging cybersecurity challenges. A unique feature of the event was the participation of academic rapporteurs from the Lyceum of the Philippines University Manila-International Tourism and Hospitality Management. The student rapporteurs documented discussions and strategic insights from each executive track. Their reports will be consolidated into executive summaries

SEE “CYBERSECURITY,” A7

www.businessmirror.com.ph • businessmirror.lifestyle@gmail.com

BusinessMirror

Editor: Gerard S. Ramos • Saturday, July 11, 2026

Samsung Micro RGB: Looking through the TV screen As television technology shifts its focus from simply adding more pixels to mastering light, Infinix turns Samsung’s Micro RGB Vision city into living canvas with Hot 70 AI TV offers a glimpse into a future where the best screens murals inspired by self-expression quietly disappear, leaving only the story on display. WHAT if your smartphone’s color could tell a story about who you are? Infinix is bringing that idea to life across Metro Manila through a series of large-scale murals created by some of the country’s best mural artists, and inspired by the distinct personalities behind the new Infinix Hot 70 color variants. These murals transform everyday spaces into urban art, celebrating individuality, creativity, and expression through style and design, creating larger-than-life storytelling. Inspired by the message “Life Full of Color When I Hold You,” the murals bridge technology, fashion, and street culture, inviting Filipinos to experience the Hot 70 beyond the smartphone itself. The first mural, inspired by the eye-catching Thermo Orange variant, has been unveiled at Rumble Royale, Quezon City. Created by Filipino mural artist and content creator Hannah Seuton, together with multimedia artist Beri (Bernadette Esther Irasga), the artwork reflects the bold energy, creativity and confidence embodied by the colorway. “What I enjoyed most about this collaboration was how it brought us artists closer together. It was a truly dynamic creative process where we were able to build on each other’s ideas without overpowering one another, resulting in something that genuinely reflected both of our personalities,” said Seuton. “The Hot 70 also came in handy for both of us. Being outside making murals, being dust- and water-resistant is always a huge plus.” More artistic installations are set to appear across the metro. Along Edsa in Makati, renowned mural artist and illustrator MBacinillo (Marvin Bacinillo) will showcase his interpretation of the Green Texture color way, while Deafeye Studio brings the elegant and expressive character of the Quiet Violet edition to life at Gateway 1, Cubao. Together, these murals create a colorful trail that encourages people to explore the city while discovering the unique personalities behind the Hot 70, a smartphone designed for users who see technology as an extension of their personal style. Whether bold and adventurous or sleek and sophisticated, the Hot 70 offers a colorway that complements every personality. The Infinix Hot 70 is available in six colors and four storage variants nationwide. Buyers can also enjoy exclusive benefits, including Google AI Plus with 2TB of cloud storage for three months and a free 12-month Viu Premium subscription, available for a limited time while supplies last. The smartphone is available now via TikTok Shop, Lazada, Shopee, and Home Credit.

EOPLE often ask what I watch when I’m evaluating a new television unit. Most expect me to say colorful demo reels or the latest blockbuster movie. The truth is, one of my favorite benchmarks has always been professional wrestling. It has almost everything needed to showcase the strengths and limitations of a television set. Bright arena lights, dark entrances, massive LED walls, flashing pyrotechnics, rapid camera movements and thousands of fans filling the background while commentary, entrance music and in-ring action all compete for your attention. If a television set can keep all of those elements looking balanced without turning the picture into a washed-out mess, it’s usually doing something right. So when I had the chance to spend time with Samsung’s new Micro RGB Vision AI TV, I skipped the usual demo videos and loaded up a couple of matches from WWE Backlash instead—Roman Reigns vs. Jacob Fatu, and Asuka vs. Iyo Sky. Rewatching those matches, I found myself noticing details I’d never paid much attention to before—from the reflections on the championship belts to the way spotlights cut through the arena without swallowing everything around them. It wasn’t because the matches had changed. It was because the television unit was different. That was when it struck me that the next leap in television might not come from adding more pixels, but from giving the screen far greater control over light. For years, television innovation was measured by bigger screens, sharper resolutions and brighter panels. Those improvements still matter, but they’ve also reached a point where even many midrange televisions already look remarkably good. Today, what increasingly separates premium displays isn’t simply resolution—it’s how precisely they control light. From CRT to LCD, LED and Mini LED, television has always evolved by finding better ways to control light. Samsung’s Micro RGB Technology is the latest step in that evolution. You don’t even have to be a wrestling fan to appreciate a great entrance. The same spectacle has become familiar across modern sports, from UFC

walkouts and boxing ring walks to basketball player introductions. Bright spotlights, giant LED screens, smoke effects and pyrotechnics all play out against a dark arena—exactly the kind of scene that can reveal a television’s strengths and weaknesses. That’s where Samsung’s Micro RGB technology makes the difference . Rather than simply making the screen brighter, it gives the television far greater control over light. Bright highlights stand out, darker scenes retain their depth, and colors look richer without appearing exaggerated. That extra control also helps reduce blooming— the faint halo that sometimes appears around bright objects against dark backgrounds. Samsung addresses this with its VDE-certified No Color Blooming technology, independently verified by Germany’s VDE testing and certification institute, helping keep light where it belongs for a cleaner, more naturallooking picture. Rewatching Roman Reigns’ entrance, I noticed richer reflections on the championship belt, a more vibrant LED stage and a crowd that retained texture instead of fading into darkness. The changes were subtle, but together they made the scene feel noticeably more lifelike.

THE SCIENCE BEHIND MICRO RGB TECHNOLOGY

SAMSUNG pairs Micro RGB Technology with Vision AI, powered by the Vision AI Engine Pro, which intelligently optimizes brightness, contrast, color and motion in real time. That became especially noticeable during wrestling shows, where rapid camera cuts, moving spotlights and giant LED stages constantly challenged the display, yet the picture remained balanced without looking overly processed. Switching from wrestling to a football match was equally revealing. Fast counterattacks, long diagonal passes and sweeping camera pans can easily expose motion issues, but players remained crisp and easy to follow while the pitch retained its natural color and texture. Samsung’s dedicated AI Football Mode Pro further enhances the experience by automatically recognizing football content and optimizing both picture and sound, allowing viewers to focus on the action instead of adjusting settings. Picture quality, however, is only half of the experience. Professional wrestling also happens to be one of the toughest audio tests I know. Entrance music, the ring announcer, live commentary, crowd chants and the sound of every slam all happen at the same time. Samsung’s AI Sound Controller Pro recognizes those different audio elements individually instead of treating everything as a single layer of sound. The result isn’t necessarily louder audio—it’s smarter audio. Commentary remains clear without sacrificing the energy of the crowd, while entrance themes and

in-ring action retain their impact instead of getting buried beneath everything else. Samsung TV Plus also comes built directly into the television, offering live channels, movies, sports and entertainment without requiring another subscription before you can start watching. Beyond picture and sound, Samsung adds several thoughtful touches that make the overall experience feel even more polished. Micro RGB AI Upscaling enhances lower-resolution content in real time, helping older broadcasts and streamed videos appear sharper and more detailed. The 165Hz Refresh Rate keeps fast-moving sports and gameplay looking smooth with less motion blur, while the Glare Free screen reduces reflections from windows and room lighting, making it easier to stay focused on what’s happening onscreen. Completing the experience is AI Controller Pro, which enables more intelligent and seamless control so you spend less time navigating menus and more time enjoying what you’re watching. Looking at Samsung’s Micro RGB Vision AI TV as a checklist of features misses the bigger story. Micro RGB Technology, Vision AI, AI Sound Controller Pro and Samsung TV Plus all work toward the same goal: removing distractions between the viewer and the content. Maybe that’s why professional wrestling remains one of my favorite television benchmarks. When the picture, sound and motion all come together naturally, you stop thinking about the television itself and simply become immersed in what you’re watching. For decades, television innovation has been measured by bigger numbers—larger screens, higher resolutions and brighter panels. Those milestones still matter, but Samsung’s Micro RGB Vision AI TV suggests the next breakthrough may be measured differently: not by how much attention the technology demands, but by how effortlessly it fades into the background. The highest compliment you can give any television isn’t that it has the brightest screen or the sharpest picture. It’s that, after a few minutes, you forget you’re watching television at all.

Cybersecurity... CONTINUED FROM A6 and knowledge resources to contribute to cybersecurity leadership and industry best practices. The forum was moderated by Dr. Stephen P. Cutler, Justin Pineda, and Christine Kempeneers. It featured distinguished speakers including Gonz Gonzales, President of Cloud Security Alliance Philippines; Albert Dela Cruz, co-founder and director of PH-CERT; Carlos Tengkiat, chief information security officer of LandBank of the Philippines; and John Paul Alarcon, professor of security architecture at De La Salle-College of Saint Benilde.

Education BusinessMirror

A8 Saturday, July 11, 2026

Editor: Mike Policarpio

Sec. Angara ensures safe learning spaces after visiting school in shooting incident

ACLOBAN CITY—Secretary Juan Edgardo “Sonny” Angara assured students, teachers, and parents of San Jose National High School (SJNHS) the government’s support as the community recovers from the tragic event. This came after the Education chief visited the school in this city where a shooting incident recently occurred. He met school officials, city officials, teachers, and officials from local government agencies to assess the situation, discuss measures to strengthen campus safety, and provide psychosocial support to learners and personnel. “Our concern [are] the students and… teachers,” he said. “We can see the trauma this unfortunate incident has caused. But we assure them that the govern-

ment is here.” The Department of Education (DepEd) wants clearer guidelines and protocols for responding to active threat situations, such as the recent shooting incident, including the adoption of crisis response procedures that would help schools effectively address active shooter situations and other violent incidents. Angara said the department would work closely with law enforcement agencies, local government units, and other stakeholders to review and strengthen

ANGARA (second from left) PIA

existing school safety measures. He noted that the tragedy highlights the importance of developing holistic measures to address emergencies and

security threats within school campuses. “We will explore the adoption of protocols for incidents such as this,” he said. “It’s something we never thought was ap-

plicable. We need to update.” DepEd also expressed deep concern that three incidents of school violence occurred within less than a week in other schools across the country. The shooting incident at SJNHS was the latest and resulted in the highest number of fatalities. Education officials emphasized that creating safer schools remains a top priority, underscoring the department’s commitment to ensuring that every learner can pursue education in a secure and nurturing environment. “I believe this is not simply a peace and order issue. It is also a mental health issue,” the secretary explained. “Many of our learners may need guidance, counseling, and in some cases, professional therapy.” Psychosocia l suppor t, counseling services, and other interventions are being provided for students, teachers, and personnel who may have experienced trauma following the incident. Ahlette C. Reyes/PIA Leyte

Study: Investing in youth is a social Canva, DepEd Reg. III pilot shows strong early impact responsibility, economic imperative P

EARLY one in four Filipino adolescents is already behind in school by the time he or she reaches 18, according to findings from one of the country’s most comprehensive studies on child and adolescent development. According to researchers behind the Longitudinal Cohort Study on the Filipino Child (LCSFC), challenges experienced by children early in life such as poor nutrition, poverty, mental health challenges, and exposure to work continue to shape educational outcomes and future opportunities years later. Among the cohort studied, 30.6 percent were already stunted at age 10, while 15.8 percent had experienced work. Over the following years, school progression steadily declined, with the proportion of adolescents remaining academically on track dropping from 90 percent at age 10, to 82 percent at age 15, and further to about 75 percent by age 18. Lead investigator of the study and former director of the University of San Carlos-Office of Population Studies (USC-OPS) Foundation Inc. Dr. Judith Borja said childhood experiences continue to shape opportunities and outcomes later in life. The findings were presented at the forum “Ugnayan: The Journey of Filipino Adolescents Across Past, Present, and Future,” organized by the Philippine Institute for Development Studies (PIDS) and United Nations Population Fund (UNFPA).

Long-term study

THE LCSFC followed the same group of Filipino children from age 10 in 2016 until they reach young adulthood in 2030. The longterm study allows researchers to examine how childhood conditions influence later transitions in education, health, employment, and family formation. Education emerged as one of the clearest indicators of how advantages and disadvantages accumulate throughout the life course. While school enrollment remained relatively high, researchers noted that staying in school does not necessarily ensure that learners are progressing on time. “Only 76 percent are progressing on time— meaning, nearly one in four adolescents has fallen behind because of late school entry, missed years of schooling, or grade repetition,” said Undersecretary Rafaelita Aldaba, who delivered the keynote address on behalf of Education Secretary Juan Edgardo Angara. Mental health emerged as an important concern. The study said clinical anxiety among adolescents aged 13 to 15 reached 16.6 percent during the pandemic years, underscoring the broader impact of disruptions caused by Covid-19 on learning, social development, and well-being.

Pathways and vulnerabilities

THE study also found that adolescent boys and girls took different pathways, Boys were more likely to disengage from schooling because of financial pressures and early work exposure, while girls faced vulnerabilities associated with teenage pregnancy

and early unions. Researchers also obser ved disparities among adolescents living in geographically isolated and disadvantaged areas or GIDAs, indigenous communities, conflict-affected communities, and among persons with disabilities. These findings reinforce the study’s observation that disadvantages often overlap and accumulate. “More often, vulnerabilities intersect and accumulate over time,” said UNFPA Country Representative Neus Bernabeu. “Poverty, disruptions in education, mental health challenges, exposure to violence, and early pregnancy or union can reinforce one another and significantly shape life outcomes, especially for young people who already face structural barriers, such as children with disabilities, indigenous youth, adolescents in geographically isolated areas, and those living in conflictaffected communities.”

Better outcomes

RESEARCHERS noted that favorable earlylife conditions—including good nutrition, supportive family environments, strong cognitive development, and access to early childhood education—were associated with better educational outcomes. Presenting the study’s policy implications, LCSFC consultant and visiting research fellow at the USC-OPS Dr. Alejandro Herrin said educational outcomes often reflect broader realities, including nutrition, health, family support, social protection, and economic conditions. He emphasized the need for sustained investments throughout childhood and adolescence to prevent early disadvantages from carrying over into adulthood. “The life course perspective highlights the imperative that success in one life stage should not be negated in the next, and that initial disadvantage at an earlier stage should be compensated at the next,” he said.

Long-term prospects

THE findings also carry implications for the country’s long-term development prospects. The adolescents being followed by the LCSFC are part of the first full K-12 generation in the Philippines and are expected to make up a significant share of the country’s future workforce. PIDS president Dr. Philip Arnold Tuaño said the findings highlight the importance of investing in young people not only as a social responsibility but also as an economic imperative. “The well-being of today’s adolescents will shape the productivity, health, and social cohesion of tomorrow's Philippines,” Dr. Tuaño insisted. The LCSFC is UNFPA’s flagship longitudinal research initiative in the country, supported by the governments of the Philippines and Australia, as well as UNICEF. It was implemented by a consortium of demographic research institutions led by the USC-OPS Foundation Inc. Rizal Raoul S. Reyes

ART of Canva’s nationwide initiatives to boost digital transformation in Filipino education, the global visual communications platform has partnered with the Department of Education (DepEd)-Region III to roll out a pilot initiative, aimed at addressing gaps in technology access, digital resources, and up-skilling opportunities across public schools in the region. Together with its education learning partner Audentes Technologies, the initiative combines educator training, student certification, and access to Canva’s tools to support both teaching and school operations. This includes features such as “Canva Offline” that allows users to continue working without stable internet connectivity, and “Learn Grid” which provides structured, curriculum-aligned resources for lesson development, among others. “Digital transformation in education is not just about giving schools access to tools—it is about making sure teachers, learners, and [their] non-teaching staff can use those tools in ways that are practical, creative, and relevant to their everyday realities,” said Canva Philippines Education Marketing Lead Ysa Delfin-Malinao. “Through this pilot with…we are seeing how the right mix of training, access, and localized support can help public schools unlock more engaging classrooms, more confident educators, and more future-ready students.” The program was implemented in four schools in Region III, including Eastern Porac National High School (EPNHS), Malolos Marine Fishery and Laboratory School, Lydia Villangca Trade School, and Virgen de las Flores High School, reaching nearly 500 public school faculty and staff and certifying over 1,000 senior high school students. “Our partnership with Canva has empowered our schools to embrace creativity, innovation, and transformation across our classrooms,” said Regional Director for DepEd Region III Tolentino G. Aquino. “Looking ahead, we are committed to building a future-ready Region III, where creativity and education go hand-in-hand.”

THE partnership brings creativity into everyday learning.

Strong classroom impact

EARLY results point to measurable improvements in classroom experience and engagement. At EPNHS, 81 percent of teachers reported improvements in their classroom experience after using Canva, while 94.6 percent believe the platform has strong potential to shape the future of education. For public school leaders, the program’s impact is already visible in how classrooms are evolving. EPNHS’ school head Dr. Rosaline Tuble shared how digital tools like Canva are transforming both teaching approaches and student participation. “In my 29 years with DepEd, it has been our long-time dream to transform students from passive watchers into active co-creators and collaborators of the lesson itself. When Canva was first introduced in our classrooms two years ago, only 35 percent of teachers used it for instruction. Today, 92 percent… use Canva for daily classroom delivery,” Dr. Tuble shared. Among the drivers of this shift is a better understanding of how students learn and engage. According to Dr. Tuble, “[Today’s] learners respond best to visual and creative modes of communication and self-expression. With

Canva, our teachers can redesign their lessons to be more dynamic and interactive to suit student needs.”

Digital inclusion

BEYOND the classroom, schools are also seeing operational benefits. Digital tools help streamline administrative tasks, improve turnaround times, and support more flexible blended learning approaches that enable collaboration beyond the classroom while reducing reliance on physical materials. As Canva looks to expand the effort nationwide, the Region III pilot provides a strong model for how targeted upskilling and accessible technology can help bridge digital gaps in public education, particularly in underserved communities. “The…pilot gives us a strong proof point for what digital inclusion in education can look like when it is built around the needs of public schools,” said Delfin-Malinao. “As we continue working with education partners across the country, our focus is to help more teachers and students, especially outside Metro Manila, gain the skills, confidence, and access they need to thrive in an increasingly visual and digital world.”

Docu on WPS fisherfolk slated for free screening

‘F

OOD DELIVERY: Fresh from the West Philippine Sea”—a documentary that follows the daily struggles and resilience of Filipino fishermen as they defend their livelihoods against aggression, will be screened for free this July. Directed by Baby Ruth Villarama and produced by Voyage Studios, the short film premiered at the 2025 DocEdge Festival—an Academy Award-qualifying global film fest in Auckland, New Zealand. It was honored with the “Tides of Change” recognition.

A STILL from the documentary

Organized by the De La Salle-College of Saint Benilde (DLS-CSB), the initiative aims to inform and update the general public on the current socioeconomic and geopolitical realities in the West Philippine Sea. The “docu” highlights the occupational, economic, and safety challenges, as well as human rights violations faced by Filipino fisherfolk 10 years after the historic Permanent Court of Arbitration ruling which favored the Philippines. A talkback session will follow as a platform for students, faculty, advocates, and members of the local communities to analyze issues of national sovereignty, maritime security, and international law. The screening was made possible through the Office of the Vice President for Lasallian Mission and Student Life, School of Diplomacy and Governance, Museum of Contemporary Art and Design, Center for Social Action, Center for Campus Exhibitions, and Center for Student Life-Culture and Arts Unit. The event will be held at the Fifth Floor Theater of the Benilde Design + Arts Campus, 950 Pablo Ocampo Street, Malate, Manila. It is scheduled for Friday, July 17, 2026 from 11 a.m. to 2 p.m. It is free and open to the public. Interested participants may register through bit.ly/csb-fooddelivery. For more information, visit facebook.com/centerforsocialaction or send an e-mail to social.action@benilde.edu.ph.

Tourism&Entertainment BusinessMirror

Tourism Editor: Edwin P. Sallan

Saturday, July 11, 2026 A9

FIVE DAYS IN LISBON WHY PORTUGAL’S CAPITAL IS WORTH THE HYPE L

Photos by Kach Medina Umandap

ISBON is one of the oldest cities in Western Europe—older than Rome, older than Paris. The Portuguese capital sits on seven hills overlooking the Tagus River, and its cobblestone streets, pastel-colored buildings, and iconic yellow trams have made it one of the most Instagrammed cities in the world. So when I finally had the chance to spend real time in Lisboa, I had one question: does it live up to the hype? I visited Lisbon a few weeks before the summer season kicked in—perfect timing, because the crowds were manageable, the weather was warm but not scorching, and the city felt like it was just starting to wake up.

of other worthwhile stops. Art lovers should visit the National Museum of Ancient Art, home to Portugal’s finest collection of paintings and decorative arts, while history enthusiasts will enjoy the Lisbon Story Centre and the Money Museum, which has surprisingly interactive exhibits. If you’re traveling with kids—or you’re young at heart—the Lisbon Puppet Museum is another fun option. The Lisboa Card also includes free rides on two of Lisbon’s most famous viewpoints—the Santa Justa Lift, which offers panoramic views over Baixa, and the Glória Funicular, which takes you to the Miradouro de São Pedro de Alcântara for one of the city’s best skyline views. Since transportation is unlimited, I found myself hopping on historic trams, elevators, and funiculars throughout the day instead of walking up Lisbon’s famously steep hills.

How to get there and get a visa

THERE are no direct flights from Manila to Lisbon, but you can connect through Dubai, Doha, Amsterdam, or Istanbul. Filipino passport holders need a Schengen visa—apply through VFS Global in Manila with a fee of €80, processing takes two to four weeks. My tip: if you are already planning Spain or France, add Lisbon to your itinerary. It is a short flight or overnight train from Madrid, and your Schengen visa covers all 29 countries.

Why I was really in Lisbon

I HAVE been to Portugal twice before—a weekend trip to Porto the first time, and walking the Camino Portugués the second. This time, I was in Lisbon to attend the annual meetup of Most Traveled People (MTP), a global community of over 50,000 registered travelers founded in 2005 by Charles Veley. The record-breaking gathering was held in Azeitão, a scenic town about 40 minutes by train from Lisbon, where 102 people who have visited every country in the world attended. I was one of them and proud to receive my recognition as a UN Grandmaster from the Philippines. It was a day event, but I stayed in Lisbon for five days. I did all the touristic things - and here is my honest take.

5. Enjoy the sunset

1. Get the 72-hour Lisboa Card

THIS was the best decision I made. The 72-hour Lisboa Card costs €62 - about P4,000—and includes unlimited public transportation on the metro, buses, trams, funiculars, and even the train to Sintra and Cascais. It also gives free entry to over 50 museums and monuments including the Jerónimos Monastery, Belém Tower, and São Jorge Castle. I totally maximized my card and visited 10 museums and attractions across three days. If you like to see everything, this card pays for itself on the first day.

2. Food trip—the real highlight

LET me be honest—I came for the history but stayed for the food. I tried the Pastel de Bacalhau com Queijo da Serra at Casa Portuguesa do Pastel

de Bacalhau —a crispy codfish cake stuffed with melted Serra da Estrela cheese, about €5 to €8. The lines are long and the interior is dramatic and library-like. Good to try once. But the real star? The Pastéis de Nata at Manteigaria—just €1.50 each. These egg custard tarts come straight from the oven with a flaky buttery crust and a caramelized top that cracks when you bite in. Sprinkle cinnamon, pair with espresso. This is a MUST try—I went back three times. We also got a table at Restaurante UMA Marisqueira, a seafood institution since 1988 that became popular with South Korean visitors. The seafood rice was exceptional. I also tried bacalhau à brás - shredded codfish with scrambled eggs, onions, and crispy potatoes—now one of my favorite Portuguese dishes.

3. Day trip to Sintra

THE Lisboa Card includes the train to Sintra, so you only need to pay for palace entries. Sintra feels like stepping into a fairytale—the Pena Palace sits on a hilltop surrounded by misty forests, painted in bright yellow and red. One of the most beautiful palaces I have ever seen.

4. Museum hopping schedule

MOST museums in Lisbon are closed on Mondays, so plan around that. I focused my museum days on Belém—the Jerónimos Monastery, Belém Tower, and the National Coach Museum are all within walking distance and included with the Lisboa Card. In the city center, São Jorge Castle and the National Tile Museum were among my favorites, but there are plenty

Bringing bang for tourist bucks in PHL If the powers-that-be who shape our tourism industry go through what regular tourists experience—meaning no arranged special trips or chartered vans and such, the experience might be an eye-opener for them. Liken this to some of the big consumer brands who conduct mystery shopper visits to deliver comments from actual experience.

THE old (and non-air conditioned) train in Sri Lanka, which passes the historic Nine Arch Bridge is one of the most scenic rail routes in the world, with tourists gamely taking the ride and posing for photos

Improve the product

Photos by Charo Logarta

GALLE in Sri Lanka is a UNESCO World Heritage Site. Built by the Portuguese and occupied by the Dutch, it’s one of the best-preserved colonial sea fortresses in Asia.

ORE than two years ago, questions on whether or not it was worth being a tourist in the Philippines were already going around—that was a topic I wrote about back then. Today, we still mull over the same topic, with new rants, new posts, and a new Tourism Secretary. Based on discussions and chats among avid travelers and our very own #BMTourism writers, here’s how might we bring bang for tourist bucks in the Philippines. At the onset, let me be fair and state that the new Tourism Secretary barely has two years in office. And with national elections in 2028, what can realistically be accomplished in that time span is very limited. But wonders do happen. And there are some quick wins that can be implemented and (hopefully) sustained even by the next administration.

Immerse like any other tourist

Doljo Beach in Panglao, Bohol. Tourists have raised concerns about high travel costs in the province.

WE all appreciate the vim and vigor of the new Tourism Secretary asking for feedback. But as prolific travel content creator Marky Go said “it feels like we keep circling back to square one.” “We should have been past this part a long time ago if only former officials TRAVELED around the country like a normal tourist,” said Marky in a June 28 Facebook post.

THE place may be beautiful in URL; but if IRL these places are dirty or teeming with what younger generations call “sus,” then it’s a bad product that will win no love from tourists. Travelers scour discussion groups or watch authentic travel content to get ideas on where to go and what to do. If word of mouth is bad, glamorous media placements or a popular ambassador like BINI can change that. As the saying goes, you can’t sell a bad product.

THE author with locals at their homes, Mongolia

What else to do and feel?

“BEYOND the beaches, what else is there to do” is the most common question I get from fellow travelers about visiting the Philippines. Across Southeast Asia, even Bhutan, Sri Lanka and Mongolia, tourists want to experience the food, the culture, the day-in-the-life of locals. Laos offers visits to families that make handmade paper and whiskey (including happy hour free sampling); Vietnamese tours to the Cu Chi Tunnels include village visits; and even Mongolia—one of the harshest places to live on the planet, offers a nomadic life experience, including riding a yak. The Philippines has a unique culture so different from the rest of Southeast Asia. Scenery and sights alone, or giant malls and cityscapes, just won’t cut it for travelers.

Aesthetics matter

AESTHETICS matter especially in heritage areas like Vigan and Intramuros. Authorities should be very strict in the overall look and feel of such places. Old edifices

WITH no other major industries and economic drivers, Bhutan leverages tourist experiences to preserve their local culture and arts

should be restored and given a new lease on life. In Hong Kong, a glitzy megacity, authorities have restored the old Tai Kwun prison and the old Police Married Quarters (PMQ), along with other historical sites into mixed-used landmarks.

Make it easy

THAT the Philippines has the best islands, beaches and

LISBON’S miradouros—or viewpoints—are free and the best way to end the day. My favorites were Miradouro da Graça for a panoramic view of the city, Miradouro das Portas do Sol for golden-hour light over the Alfama rooftops, and Miradouro de Santa Catarina where locals gather with drinks and guitars. Sunset in Lisbon is not just a view—it is an experience. So—is Lisbon worth the hype? Absolutely. It is affordable by European standards, walkable despite the hills, and the food alone makes it worth the trip. I would like to thank Visit Lisboa for my 72-hour Lisboa Card, which allowed me to maximize my time and experience the best of what the city has to offer. I cannot wait to come back and explore the Algarve and the Azores. For more information about Lisbon, visit www. visitlisboa.com. Follow me on Instagram @kach.umandap and @2monkeystravel.

arresting natural attractions is an established fact. But how does an average tourist get to these places? Let’s weed out the ultra-luxury travel market and the backpackers, which comprise roughly 30% of all tourists. Majority of tourists are people with a fixed amount of time and money for their trips. If getting to a place isn’t simple, easy, convenient, efficient and affordable, no matter how beautiful the place, they will skip this and move to the next destination. Partnerships with local carriers have been forged. But what if the DOT could better connect airlines with the rest of the tourism ecosystem? For instance, airlines could work with travel agencies and tour operators to offer better discounts for inbound passengers, as opposed to the former being subjected to dynamic pricing algorithms. Discounted rates could make it make a tourist’s while to fly to another island.

Get the house in order

ONE thing the DOT can do in the short-to-medium term to align local tourism officers and local government units on what a tourist experience should feel and look like. Reduce local pain points; set harmonized standards for hotels, resorts, hostels, and homestays; ensure adherence to protocols and educate tour guides; and make sure local stakeholders understand the importance of creating positive tourist experiences. Many of the resorts in island destinations serve only Filipino food and very limited international food offerings. There should be a mix of global flavors and dietary preferences, including full vegetarian. And the airports—aside from the infrastructure improvements needed, streamlining other services such as taxis can help tourists get more comfortable. In many airports, private taxi operators hustle and get the tourists to pay exorbitant fees, leaving them feeling ripped off. This is not to say that there are no efforts being made. Rather, Philippine tourism planners and policymakers need to learn from other countries. It is a travesty that how a country with so much beauty and experience to offer across 7,100 islands isn’t appealing to many tourists.

A10

Saturday, July 11, 2026

BusinessMirror

www.businessmirror.com.ph

Saturday, July 11, 2026 A11

US, Iran exchange intensifying fire across Middle East, threatening ceasefire deal By Jon Gambrell

The Associated Press

UBAI, United Arab Emirates—The United States launched new airstrikes against Iran early Thursday, and Tehran responded by targeting USallied Mideast countries in an exchange of fire that threatened an interim deal intended to help end the war in the Middle East. Back-and-forth attacks, including a day earlier, have repeatedly threatened the ceasefire. But Thursday’s appeared bigger all around, with sirens sounding at least three times in Bahrain, home to the US Navy’s 5th Fleet headquarters, and missiles targeting Kuwait and Qatar. Sirens sounded Thursday afternoon in Jordan as well, where the US has stationed troops and aircraft. An Iranian official accused the US of launching an airstrike later Thursday targeting the area around Iran’s sole nuclear power plant, and other explosions were reported elsewhere in the country during the afternoon. Early Friday, Supreme Leader Ayatollah Ali Khamenei was laid to rest in his hometown of Mashhad after days of public mourning. Khamenei was killed in the opening salvos of the Iran war. The strikes came hours after US President Donald Trump said recent Iranian attacks on ships in the Strait of Hormuz signaled the end of a fragile ceasefire and threatened to escalate the conflict if they didn’t stop. That raised concerns that the region could tip back into a war that would engulf several countries and could halt energy shipments through the strait that are crucial for the global economy. In Iran, the two days of American airstrikes have killed at least 14 people and wounded another 78, Iran’s Health Ministry said Thursday. Most were reportedly members of the armed forces. In Kuwait, the military said falling debris wounded one person as the nation shot down three ballistic missiles, a cruise missile and 10 drones. Bahrain said it shot down incoming fire, without elaborating, and Jordanian government spokesperson Mohammad al-Momani said all incoming fire from Iran had been intercepted. Iranian state TV said the country’s paramilitary Revolutionary Guard fired missiles at a US base in Jordan. There was no immediate word of damage in Qatar.

US strikes hit more targets

THE US military’s Central Command said it hit 90 targets across Iran, releasing black-and-white footage of what appeared to be strikes on an airport runway and missile launchers. The US said the strikes were intended to “further degrade” Iran’s ability “to threaten freedom of navigation” in the strait, through which a fifth of the world’s traded oil and natural gas passed before the war began with US and Israeli attacks on Feb. 28. Traffic has picked up somewhat since a tentative deal last month included opening the waterway. Maritime data company Lloyd’s List Intelligence said Thursday that preliminary data showed at least 576 ships passed through the strait in June, compared with 233 in May. More than 3,100 transited the strait in June 2025. Iranian state media reported explosions in several locations, including Bushehr, home to Iran’s nuclear power plant complex, and southern port cities. The state-run IRNA news agency quoted Ehsan Jahanian, a local official in Bushehr, as accusing the US of striking near the plant around noon, hours after Central Command said it had ended its latest round of strikes. Asked for comment on Bushehr, Central Command referred to a press release that detailed targets but made no mention of the nuclear power plant. See “Ceasfire,” A15

A12

Saturday, July 11, 2026

BusinessMirror

www.businessmirror.com.ph

BusinessMirror

Saturday, July 11, 2026

A13

TheWorld

A14 Saturday, July 11, 2026

Editor: Angel R. Calso

Flooding from days of heavy rain in southern China killed 39 people By Ken Moritsugu

The Associated Press

EIJING—Authorities in southern China said Thursday that 39 people died in flooding after a tropical storm dumped heavy rainfall, as the country’s east coast and Taiwan prepared for a typhoon expected to make landfall in the coming days.

Most of the deaths were in Hengzhou, where the partial collapse of a reservoir dam sent torrents of water into the city and claimed 26 lives, said Ding Wei, the vice mayor of Nanning city, which has jurisdiction over the area. Nine people remained missing in the broader Guangxi region. Tropical Storm Maysak brought record rainfall to Guangxi starting Saturday, breaching reservoirs and stranding people for days in homes and other buildings. The previously announced death toll on Tuesday was six people. A second storm, Typhoon Bavi,

was at sea on a northwest track that would take it over some remote Japanese islands and then just north of Taiwan before making landfall in China’s Fujian or Zhejiang province on Saturday. Fishing boats could be seen tightly packed at ports in northern Taiwan on Thursday in anticipation of heavy rain hitting the island of 23 million people. Bavi, which brought violent winds to Saipan and other U.S. territories earlier this week, was downgraded Thursday from supertyphoon strength but still had maximum sustained winds of 184

IN this photo released by Xinhua News Agency, rescuers evacuate stranded teachers and students at Xijiang education park in the aftermath of tropical storm Maysak in Guigang City, south China’s Guangxi Zhuang Autonomous Region, July 8, 2026. ZHOU HUA/XINHUA VIA AP

kilometers (114 miles) per hour, according to Taiwan’s Central Weather Administration. Classes were suspended in several cities and towns in the Philippines and ships prohibited from leaving northern ports as the typhoon passed east of the northern island of Luzon. In southern China, military

rescue teams finished bringing out more than 10,000 trapped students and teachers from a cluster of schools in Guigang city, about 60 kilometers (40 miles) northeast of Hengzhou. Video on state broadcaster CCTV showed the students, wearing bright orange life vests, clambering onto boats that took

Dismissed after Hormuz strike: Ex-sailors sue operator for rights, risk, and damages By Jintamas Saksornchai & Anton L. Delgado The Associated Press

ANGKOK—Three former crew members of a Thai cargo ship struck in the Strait of Hormuz in March filed a lawsuit Friday against the vessel’s operator over labor rights violations and unfair dismissal. The ship, the Mayuree Naree, was hit by a projectile north of Oman on March 11, killing three people. The remaining 20 crew members were rescued and returned to Thailand about a week later. Former crew members Panithi Tumkaew,

Noppadon Wongsuvan and S urades Manpuen filed the lawsuit against Precious Shipping Co. as well as two affiliated companies and the ship’s captain. The lawsuit alleges that the defendants endangered their lives by sailing through the strait despite the security risks, according to their lawyer Kunpat Singhathong. Kunpat said the three men were also dismissed before the completion of their nine-month employment contracts after the attack rendered the ship inoperable. He said they received compensation equivalent to two months’ salary. The compensation was inadequate because they have since been diagnosed with

post-traumatic stress disorder, leaving them unable to continue working as sailors for the foreseeable future, he said. “We tried to negotiate with the company, but it denied responsibility, so we believe the matter should be brought to the court,” Kunpat said before filing the case with the Central Labor Court in Bangkok. He declined to identify the amount of compensation they are seeking, only that it would be over a million baht ($30,000) per person. Panithi, who said he had worked for Precious Shipping for more than a decade, said his wife encouraged him to seek medical treatment after noticing changes in his behavior.

“When there are loud noises, I’ll get startled,” he said. “I can’t work now, and I have to take medication.” Precious Shipping did not respond to requests for comment. The remains of the three crew members killed in the attack were repatriated to Thailand earlier this month. In a statement on July 3, Precious Shipping thanked everyone involved in the repatriation process and expressed its condolences to the victims’ families. The company said it “remains committed to providing full assistance, care, and support to bereaved families throughout this difficult time.”

them away from the surreal scene of school buildings rising out of a lake of muddy water. Animals were also stranded or swept out by the floodwaters. A zoo in Guigang said more than 100 animals were missing, including two zebras, four porcupines and dozens of tropical birds. In Hengzhou, encounters with snakes that reportedly escaped from a farm prompted authorities to stock up on antivenom and advise residents what to do if they were bitten. An animal shelter operator in Binyang country, about 75 kilometers (50 miles) northwest of Hengzhou, struggled in recent days to rescue about 200 cats and dozens of dogs, bringing the dogs two at a time through deep water. The cats climbed up to the rafters as the water level rose. Drones and some 5,700 boats have been used in a massive relief and rescue operation to deliver drinking water and other supplies and bring out trapped residents. About 130,000 people have been evacuated. Ding said the floodwaters are receding but more rain is expected in some areas in the next two days.

NEP. . . Continued from A3

To reduce its expenses, the national government, DBM said, is eyeing the devolution of some of its functions, which will be absorbed by cities next year.

Pinoy. . . Continued from A3

Earlier this week, US President Donald Trump said the cease-fire agreement signed by Washington and Tehran last month was “over” after he accused Iran of violating the deal. Both countries have resumed trading strikes in the Middle East. As of Friday afternoon, DMW Undersecretary Felicitas Q. Bay said they have no report of any new casualties among the Filipino sailors who were deployed in the Middle East. She noted that the number of OFWs who requested for repatriation in the Middle East

Rocket. . . Continued from A4

of the rocket’s upper stages returning from outer space cannot be ruled out at this time,” the agency noted. “As global launch rates continue to accelerate, debris shed during staging events and the uncontrolled re-entr y of large rocket upper stages pose growing hazards—not only to other spacecraft, but to civ il av iation and to populations on the

Crews have been deployed to clear mud and debris and disinfect several towns in Hengzhou. Road repairs are ongoing and electricity has been restored to more than 60,000 homes, Ding said at a news briefing. Heavier-than-expected rain battered southern Guangxi for days, with cumulative rainfall of 10 to 40 centimeters (4 to 16 inches) in some areas and more than 90 centimeters (35 inches) in hard-hit areas, the national meteorological center said. Severe weather also hit central China this week, leaving 11 dead and many others homeless in Hubei province after thunderstor ms and tor nadoes on Monday night. Elsewhere in Asia, landslides caused by monsoon rains have killed at least 13 Rohingya refugees in camps in Bangladesh this week. Authorities were moving refugees to safer areas on Thursday. The Associated Press video producers Wayne Zhang and Olivia Zhang in Beijing, videojournalist Taijing Wu in Taipei, Taiwan, and writer Jim Gomez in Manila, Philippines, contributed to this report.

Under the Constitution, the Executive Department has 30 days after the opening session of Congress, which coincides with the President’s Sona, to submit its NEP to Congress marking the start of the budget deliberations among lawmakers. Marcos is set to hold his fifth Sona on July 27, 2026. dramatically declined in June compared to previous months. “We still have ongoing repatriation but unlike the periods for April and May, the number is declining,” Bay said. Since the start of the Middle East conflict last February 28, Bay said the government was able to bring home a total of 10,218 Filipinos from the region. The bulk or 8,390 of the repatriates were OFWs, while the remaining 1,828 were their dependents. Bay said they are ready to accommodate more Filipinos, who may want to go home amid the ongoing tension in the Middle East. Samuel P. Medenilla ground. The Philippines invites international partners to explore how our region can develop coordinated protocols and capabilities that protect both our space assets and our people on the ground,” it added. PhilSA also reiterated its advice for the public to inform local authorities if suspected debris is sighted even as it cautioned the public against retrieving or coming in close contact with these materials that may contain remnants of toxic substances such as rocket fuel. Rex Anthony Naval

TheWorld

www.businessmirror.com.ph

Typhoon Bavi takes aim at China as Taiwan’s capital shuts schools

EIJING—A powerful typhoon was heading toward China’s east coast Friday, the latest in a series of deadly storms that have already claimed 50 lives this week in two other parts of the country. Typhoon Bavi, with maximum sustained winds of 155 kph (96 mph), was first expected to pass north of Taiwan, bringing heavy rains to the island of 23 million people from Friday night into Saturday. Schools were closed Friday in Taipei, the island’s capital, and fishing boats have been tied up close together in ports in northern Taiwan. Many flights to Japan, Hong Kong and other destinations have been canceled through Saturday, though some were still scheduled, Taiwan’s Central News Agency said. The typhoon’s current northwest track would take it over some remote Japanese islands before passing north of Taiwan on Saturday. It is forecast to make landfall in China on Saturday night south of Shanghai, near the border between Fujian and Zhejiang provinces. More than 17,000 people have been evacuated in Zhejiang and 170,000 rescue workers placed

Ceasfire. . . Continued from A11

Streets are jammed for Khamenei’s final funeral procession

FOR the first time since April, US strikes also appeared to target Iranian bridges. State media reported a strike on a railway bridge in Iran’s northeastern Golestan province, and the Revolutionary Guard said two bridges were attacked on the route to Mashhad, where tens of thousands of mourners thronged wide boulevards during the final funeral procession for Khamenei on Thursday. People pressed forward to touch a vehicle carrying Khamenei’s body. Many carried Iranian flags and images of the late leader or banners evoking Shiite Islam’s long history of martyrs. Some signs called for the death of Trump and Israeli Prime Minister Benjamin Netanyahu. Khamenei ruled Iran for nearly 37 years before being killed in the US and Israeli airstrikes that started the war. The funeral processions began last Saturday, with authorities shutting down streets, airspace and daily life in Tehran and other cities as throngs commemorated the man who led Iran for decades with an iron fist while confronting the West.

Trump issues another warning to Iran if attacks on shipping happen again

AFTER leaving a NATO summit in Turkey, Trump posted several videos on his social media site of what he said were explosions in Iran and issued another warning to the Islamic Republic.

on standby, the official Xinhua News Agency said. Fujian has suspended some ferry routes because of strong winds and rough seas and called for fishing boats to return to port. Bavi has weakened from supertyphoon strength earlier this week, when it brought violent winds to Saipan and other US territories in the Pacific. In southern China, authorities announced Thursday that 39 people had died in flooding from Tropical Storm Maysak, which drenched parts of the Guangxi region for days with record rainfall. The rains breached reservoirs, including the dramatic collapse of part of a dam in Hengzhou that inundated a wide area with fastflowing muddy water. The floods stranded people on the second and higher floors of buildings for days, many without power, until rescuers could reach them. Another 11 people died in central China when severe thunderstorms and tornadoes wreaked havoc in Hubei province on Monday night. Separately, a landslide killed 21 forestry workers in western China’s Gansu province on Tuesday in a disaster that was not storm-related. AP “This is in retribution for yesterday’s bombing of ships by Iran. If it happens again, it will get much worse!” Trump wrote Wednesday, a day after three tankers were attacked in the Strait of Hormuz. Trump also renewed his past threats to hit Iran’s civilian infrastructure, including electric and desalination plants, and to seize Kharg Island, through which some 90% of Iranian oil exports pass. Pa r l i a m e n t S p e a ke r M o h a m m a d Bagher Qalibaf, a key negotiator in talks seeking a permanent end to the war, was defiant in a post on X on Thursday morning: “America still hasn’t learned that bullying and breaking promises are no longer costfree. Let me put it plainly: If you strike, you’ll get hit.” I r a n i a n Fo re i g n M i n i s te r A b b a s Araghchi said in a post on Telegram that he spoke by phone with his Saudi, Turkish and Omani counterparts and with Pakistan’s army chief, Field Marshal Asim Munir, who has been one of the main mediators in the war. The outreach suggested efforts may be underway to reduce tensions.

Talks on reaching a final deal were to begin after Khamenei’s funeral

TRUMP said Wednesday that the interim ceasefire agreement was “over.” He said he would allow negotiations to continue but thought negotiators were “wasting their time.” Negotiations to reach a final deal were due to start after the funeral for Khamenei. The talks are meant to focus on the toughest matters, including fully reopening the strait and rolling back Tehran’s disputed nuclear program.

Saturday, July 11, 2026 A15

Australia agrees to sell uranium to India, ending a long stalemate By Charlotte Graham-Mclay

The Associated Press

ELLINGTON, New Zealand—Australia will begin to sell uranium to India for peaceful purposes after the two countries’ leaders signed an administrative deal Thursday, enacting an agreement on exports of the material that was held up for years over concerns about weapons use. Australia’s Prime Minister Anthony Albanese and India’s Prime Minister Narendra Modi made the joint announcement after a meeting in Melbourne. The leaders didn’t immediately supply details of how much uranium would be sold, or when. Exports of Australian uranium to India stalled after an agreement to do so in 2014, because of concern that the material could be used to make weapons. Australia has the world’s largest known uranium resources, but the country doesn’t use any nuclear power or weapons and all uranium

is exported. India, which has a population of 1.4 billion people and a growing middle class, wants to install 100 gigawatts of nuclear power by 2047—enough to power nearly 60 million Indian homes a year. But obtaining uranium hasn’t been simple. India has doubled the amount of nuclear power installed in the country in the last decade, but that still makes up just 3% of its electricity. India isn’t a signatory to the Nuclear Non-Proliferation Treaty, which recognizes only the United States, China, Britain, France and

One of Spain’s deadliest wildfires has killed at least 11 people, with 19 others missing By Suman Naishadham The Associated Press

ADRID—A wildfire in southern Spain has killed at least 11 people, making it one of the country’s deadliest on record, as soaring temperatures grip much of the country, authorities said Friday. Several victims of the fire in Almeria were found inside burnt-out vehicles. Eight others have been injured in the blaze, which 150 firefighters and 220 soldiers from Spain’s military emergency unit were battling. Regional emergency authorities said four British nationals appeared to be among the victims. Andalusia’s regional leader Juan Manuel Moreno said 19 people were unaccounted for on the Cadena Ser radio station. Authorities reported earlier that 12 people had died, but revised the death toll Friday morning.

Fire causes evacuations, road closures

THE fire broke out in a hamlet in a semi-arid area near the Sierra de Los Filabres mountains. Authorities have not confirmed the cause, but said people who called to report it said that a fallen power line had sparked a blaze that spread rapidly into a nearby forest.

The fire also led to road closures, while 1,000 residents were evacuated, according to emergency services. Spanish Prime Minister Pedro Sánchez expressed his condolences, writing on X of his “Immense sadness and desolation in the face of the terrible consequences of the fire affecting the province of Almeria.”

Spain battles intense heat again

SPAIN has battled frequent and severe heat waves in recent years, with temperatures often exceeding 40 C (104 F). Wind, high temperatures and little rainfall help small wildfires grow into unchecked blazes. In June, Spain experienced several days of record-setting heat, with over 1,000 excess deaths attributed to heat. Parts of Western Europe are facing their third heat wave in six weeks. Europe is the world’s fastest-warming continent, with temperatures increasing twice as fast as the global average since the 1980s, according to the European Union’s Copernicus Climate Change Service. Globally, 2025 was the third-hottest year on record, bringing several intense heat waves across Europe. Scientists warn that climate change caused in part by the burning of fuels like gasoline, oil and coal is exacerbating the frequency and intensity of heat and dryness, making certain regions more vulnerable to wildfires.

Russia as nuclear weapons powers. Australia, which is a signatory country, refuses to sell uranium to non-signatories. India says the treaty is discriminatory because it recognizes as legitimate nuclear weapon states only those that tested nuclear devices before January 1967, which would disqualify it permanently. The country was hit with international technology sanctions and uranium trade bans after it conducted nuclear tests in 1998. The Nuclear Suppliers Group of countries, which includes the US, in 2008 granted a waiver allowing India to buy uranium from its members and Delhi has since pursued bilateral pacts to permit sales of the material. It inked such a deal with Canada in March. Australia’s leaders historically ruled out doing the same until Delhi signed the treaty. Canberra’s position has eased, however, and it agreed to allow exports in 2014, subject to International Atomic Energy Agency Safeguards and “separation of the Indian civilian and military nuclear programs,” according to a government website. T hu rsd ay ’s ad m i n ist rat ive agreement was expected to remove obstacles to enacting the earlier deal. Modi is visiting Australia for an annual leaders’ summit between

the two countries. In their joint statement, Modi and Albanese also pledged greater defense and security cooperation in the IndoPacific, “reflecting a step‑change in the depth and ambition” of the relationship, the text of the statement read. The pledge for closer cooperation on regional security came days after Australia criticized China for test firing a long-range ballistic missile from one of its nuclearpowered submarines into the South Pacific Ocean, an area protected by an anti-nuclear treaty. The two leaders did not cite China when they announced the bolstered strategic ties, and didn’t take questions from reporters after their statements Thursday. Thousands of people turned out in the city of Melbourne in hopes of seeing India’s Prime Minister during his visit. India is Australia’s fifth largest trading partner, with two-way trade in goods and services valued at 54.4 billion Australian dollars ($37.7 billion) in the 2024-2025 financial year, according to Australian government figures. Earlier this week, Modi visited Indonesia and on Friday he’ll travel to New Zealand for his first visit to the country. India and New Zealand signed a free trade agreement in April.

Sports BusinessMirror

A16 Saturday, July 11, 2026

mirror_sports@yahoo.com.ph | Editor: Jun Lomibao

MONSTER ON THE CLIMB: POGACAR CRUSHES RIVALS

AVARNIE-GEDRE, France— Tadej Pogacar produced a tremendous solo ride on the iconic Col du Tourmalet on Thursday to earn a 23rd Tour de France stage victory, reclaim control of the race and sap his rivals’ morale after just six days of racing. Pogacar, who first wore the yellow jersey after winning at Les Angles earlier this week, made the most of the first big mountain trek of this year’s Tour in the Pyrenees to stamp his authority, sending a clear message to his rivals that he remains in a class of his own. The two-time world champion

covered the final 43 kilometers alone, crossed the Stage 6 finish line two minutes and 38 seconds ahead of his main challenger, Jonas Vingegaard, and reclaimed the coveted jersey. “I would say this one goes in the top five of my Tour de France victories,” Pogacar said. “This is an incredible victory, and one of the sweetest for sure. I was not calculating seconds or minutes, I just wanted to go full gas all the way to the finish.” Pogacar’s teammate, Isaac del Toro, was third, 2:57 off the pace, ahead of Remco Evenepoel and Paul Seixas. Overall, Vingegaard lags 2:42 behind Pogacar, with del Toro in third place. With his latest show of force, the UAE Emirates-XRG leader took a big

step toward a record-equaling fifth Tour victory—only Belgian Eddy Merckx, Spaniard Miguel Indurain and Frenchmen Jacques Anquetil and Bernard Hinault have won five Tours.

Scorching heat and iconic ascents

THE stage started in scorching heat and was marked by several unsuccessful attempts of breakaways early on. Tadej Pogacar’s teammates, along with those of Jonas Vingegaard in Visma-Lease a Bike, set a fast tempo even before the day’s biggest climbs. The last stage in the Pyrenees took riders through two iconic ascents, the Col d’Aspin and the Tourmalet. Once Ben O’Connor managed to get away, he was allowed some freedom because he was not a threat in the general classification—he was first at the foot of Aspin and was caught with about five kilometers of the climb left. Riders then tackled the grueling 17.1 kilometer ascent up the Tourmalet, the first HC climb of the 2026 Tour—which means Hors Catégorie (beyond classifica-

TADEJ POGACAR stamp his authoritys and sends a clear message to his rivals that he remains in a class of his own. AP

tion), because it is the hardest level. Overnight leader Torstein Træen was dropped before del Toro accelerated with his leader on his wheel about 4.5 kilometers from the summit and later crashed on the descent and was assessed by the race’s medical team before resuming his effort. Pogacar then went solo, with Vingegaard digging deep to limit his losses. Pogacar reached the summit first, and Vingegaard tried to claw back his 30-second deficit in the downhill. But tucked into an aerodynamic position, his rival took the same risks and was even faster. Pogacar had a lead of more than a minute as he tackled the final climb up to the finish line in the town of GavarnieGedre. He never looked back and the gap kept increasing. “I woke up at 7 this morning and my mind was going crazy,” Pogacar said. “I was really excited for today. I knew it was going to be a good day.” AP

Go displays elite brand of golf, conquers tough Pradera Verde

THE athletes—(from left) Arellano University’s Louisse Zapata, Pacific Volleyball Academy’s Lea Aromin and Steph Aromin, Perfect Set Dream Makers’ Victoria Anderson, Pusong Azul’s Nina Joanna Ajon and Jamisha Ty, St. John’s Institute’s Caera Celis and Kara Feril and University of Santo Tomas’s Chasliey Pepito and Nicole Palaez—are ready for action. NONIE REYES

UST-Arellano U match ushers in jr national invitationals spikefest

ANCIED University of Santo Tomas stakes its mettle against Arellano University High School in the opening salvo of the internationally-flavored 2026 Shakey’s Juniors National Invitationals kicking off Saturday at the FilOil EcoOil Centre in San Juan City. Game time is set at 1 p.m. in the seven-team competition backed by Shakey’s Pizza Parlor with Pusong Azul battling Guam-based Pacific Volleyball Academy, St. John’s Institute taking on One La Salle, which is composed of varsity players from De La Salle Zobel, Green Hills and Dasmariñas. The Junior Golden Tigresses parade a younger core but remain formidable with experienced holdovers, who helped the team complete a breakthrough Shakey’s Girls Volleyball Invitational League (SGVIL) Rising Stars Cup Division 1 conquest three months ago. Despite the departure of most of its veterans, including SGVIL Most Valuable Player Kim Rubin, to the seniors’ ranks,

the Kungfu Reyes-coached squad will still have a solid crew led by top setter Andreaj Tan Chun Bing, Nicole Pelaez, Eliz Menchavez and libero Chas Pepito. “Our lineup right now is different from that of the SGVIL. Almost ¾ of our team in this Invitational are new players. Most are just incoming Grade 11,” UST assistant coach Yani Fernandez said during the tournament’s press conference on Friday at Shakey’s Hemady in Quezon City. Arellano University and Pacific Volleyball Academy return to action in the nightcap, while the California-based Perfect Set Dream Makers debut on Monday with back-to-back games against One La Salle and UST, respectively. “Our goal here is really to see how our [local] teams compete with international teams and for those international teams to see how we organize tournaments like these,” said Dr. Ian Laurel, president of organizing Athletic Events and Sports Management Inc.

Back in harness John Amores is back from a two-year suspension in a Titan Ultra uniform and scores five points and two rebounds in nine minutes of action, but the Giant Risers yield to an all-Filipino Terrafirma Dyip, 110-113, at the start of the Philippine Basketball Association Governors’ Cup at the Ynares Center in Antipolo City. PBA IMAGES

Defense, sporting arms show up

HE Defense and Sporting Arms Show (DSAS) returns for its 32nd edition, reaffirming its commitment to promoting responsible gun ownership, firearms education and the continued growth of the shooting sports community in the Philippines. Organized by the Association of Firearms and Ammunition Dealers of the Philippines Inc. (AFAD), the fiveday event will be held from July 22 to 26 at the SMX Convention Center in the Mall of Asia Complex in Pasay City. Recognized as one of the country’s premier firearms and outdoor lifestyle exhibitions, DSAS brings together the country’s leading firearms importers, manufacturers, distributors, retailers and industry stakeholders, alongside sports shooters,

collectors, and outdoor enthusiasts. Visitors can expect to see a comprehensive showcase of locally manufactured and imported firearms, ammunition, optics, shooting accessories, tactical equipment, outdoor gear and the latest innovations from some of the biggest names in the firearms industry. This year’s opening ceremony will be graced by Senate President Pro Tempore Juan Miguel “Migz” Zubiri—a longtime advocate of responsible gun ownership and shooting sports—is the guest of honor. AFAD president Aric Topacio said responsible firearm ownership is founded on education, discipline, and respect for the law.

ICOLE ANDAYA heads to the Sun Life 5150 Bohol Triathlon blasting off Sunday in Panglao with momentum firmly on her side and one clear objective—capture the title that has so far eluded one of the country’s rising endurance stars. Fresh from victories in the 5150 Dapitan last year and the inaugural FAB 5150 in Bataan late in 2025, the cofounder of the Usuals Multisport team returns to Bohol carrying confidence, experience and a winning mindset as she chases the major 5150 crown missing from her growing collection. Celebrating its 10th anniversary this year, the Sun Life 5150 Bohol Triathlon has established itself as one of the country’s longest-running and most prestigious Olympic-distance races. The event attracts many of the nation’s top elite and age-group triathletes, with competitors from at

NICOLE ANDAYA has momentum on her side. SEI PHOTO

LOYD GO completed a class act a week after taming the mountains by claiming victory in the International Container Terminal Services Inc. Pradera Verde Championship on Friday in Lubao, Pampanga. From the demanding slopes and severe elevation changes of the Pinewoods Golf and Country Club in Baguio City which he conquered by 12 strokes to the sprawling, flatter and windswept fairways of Pradera Verde’s Arayat course, Go proved that elite players aren’t defined by the courses they play but by how quickly they adapt. Go showcased an entirely different brand of golf at Pradera Verde by grinding out a pressure-packed finalround 71 to repel a relentless charge from a field loaded with champions and title contenders and complete a rare, hard-earned back-to-back title sweep on the Philippine Golf Tour. The strong winds that swept across the wide-open layout over the last two days added another layer of difficulty, yet through shifting conditions, contrasting course setups and an army of pursuers, Go didn’t blink. He finished with a nine-under-par 279, edging veteran Tony Lascuña by one to pocket the P359,000 top prize and cement another masterclass in adaptability, composure and championship golf. “I played very well yesterday [third

round] and I played the front nine today really solid,” said Go of the strong start that kept his experienced rivals at bay. “I had a lot of chances at the back nine but I didn’t really make any putts.” After building momentum with a superb third round, Go carried that form into the final day, making a steady start that allowed him to stay in control despite several missed opportunities on the back nine. Lascuña snapped a run of backside pars with a birdie on the last for a 70 and a 280 worth P234,000, his second runnerup finish after previously falling by a single stroke to Angelo Que in a dramatic late-hole duel at Caliraya Springs. Keanu Jahns also mounted a late challenge, birdieing three of five holes starting at No. 9. However, costly bogeys on Nos. 15 and 16 halted his momentum, leaving him with a 71 for solo third at 282, while erstwhile second-running Clyde Mondilla failed to recover from a front-nine 38 and faltered with a 74 for fourth at 283. Angelo Que also struggled with a two-over-par round to finish fifth at 285, while Jhonnel Ababa matched par 72 to tie Rupert Zaragosa, who limped home with a 76, for sixth place at 286. Randy Garalde, at joint third with Zaragosa just two strokes off Go after 54 holes, skied skied to a 79 and tumbled to 10th at 289.

Andaya eyes elusive crown in Bohol 5150 least 23 countries adding to this year’s strong international field. Andaya came close to the title in 2023, winding up third, and now hopes to turn that podium finish into a breakthrough victory. A favorite in the women’s 30-34 age-group division, she is also expected to contend for the overall championship in the Olympic-distance race featuring a 1.5-km swim, 40-km bike ride and 10-km run over a course that demands endurance, speed and tactical discipline. Ines Santiago, another accomplished and multi-titled triathlete, is determined to contend for the women’s 45-49 age-group crown while also setting her sights on a strong overall performance that could earn her a place on the event’s overall championship podium. Expected to challenge Andaya for the overall honors and in their respective age groups are Jaymee

Castillo, Patricia Peralta, Alyssa Platukis, Gracelle Samson, Emily Hammond, Katrina Bisuña, Joy Angela Ignacio, Dawn Bernaldez, Eunice Vergara, Princess Suyat, Mary Junko Oñae and Katrina Arellano. The Elite division will also command attention with national team standouts Erika Burgos and Dayshaun Ramos leading the country’s top campaigners. The Bohol race also serves as the penultimate leg of the inaugural 5150 Triathlon Islands of the Philippines Series, a four-stop circuit supported by the Philippine Sports Commission, the Tourism Infrastructure and Enterprise Zone Authority and other members of the National Sports Tourism-Inter Agency Council.

LOYD GO repels a relentless charge from a field loaded with champions and title contenders. PGT PHOTO

PPA 52nd Anniversary

Editor: Francine Marquez | Project Manager: Rodel A Suarez

A BusinessMirror Special Feature

Saturday, July 11, 2026 B1

PPA earnstop topGOCC GOCC recognition recognition for ₧5.3B PPPearns P5.3Bdividends dividends PPA GM Jay Santiago said the recognition belongs not only to the Authority but also to every Filipino who benefits from modern, efficient, and financially sustainable ports.

N July 8, just days before commemorating its 52nd anniversary, the Philippine Ports Authority (PPA) received another national recognition after once again earning a place among the country's topperforming government-owned and controlled corporations (GOCCs), ranking sixth in dividend contributions to the National Government. The recognition was received by PPA General Manager Jay Santiago in honor of the Authority's more than five decades of public service, responsible fiscal management, and continuing commitment to give back to the Filipino people through stronger ports and better public services. Pursuant to Republic Act No. 7656, or the Dividends Law, GOCCs are mandated to remit at least 50 percent of their annual net earnings to the National Government. Since 1986, the PPA has remitted a cumulative P62.33 billion in dividends, reinforcing its longstanding contribution to national development and fiscal sustainability. Of the Authority's cumulative P62.33 billion in dividend remittances, more than two-thirds were remitted from 2016 to 2025 under the leadership of General Manager Jay Santiago amounting to P41.5

billion, reflecting a sustained period of record financial performance. The Authority's P5.33-billion dividend declaration for Fiscal Year 2025 likewise stands as the highest single dividend remittance in PPA's history since its establishment in 1974. During the 2026 GOCC Day recognition ceremony held in Malacañang, President Ferdinand R. Marcos Jr. reminded GOCCs that while financial sustainability remains important, public service must always remain at the core of their mandate. "Your foremost mandate is that of public service. Profit is never the end in itself. It is just a means to better serve our people." As of July 2026, the National Government has received approximately P139.8 billion in dividend remittances from 50 GOCCs, surpassing last year's collections. The President emphasized that these

President Ferdinand Marcos, Jr. hands over the GOCC certificate of recognition to PPA GM Jay Santiago in a ceremony in Malacañang held July 8, 2026. With them is Department of Finance Secretary Frederick Go. PHOTO COURTESY OF PTVM.

PPA Head Office. PHOTO COURTESY OF PPA.

remittances strengthen the government's capacity to deliver essential public services without imposing additional tax burdens on Filipinos,

demonstrating that fiscal discipline and good governance translate into tangible benefits for the public. The six highest dividend-con-

tributing GOCCs recognized this year were the Bangko Sentral ng Pilipinas (P62.39 billion); Land Bank of the Philippines (P32.35 billion); Philippine Deposit Insurance Corporation (P9.69 billion); Manila International Airport Authority (P7.59 billion); Philippine Amusement and Gaming Corporation (P5.67 billion); and the Philippine Ports Authority (P5.33 billion). PPA's continued inclusion among the country's leading dividend contributors reflects its sustained financial growth, operational efficiency, and prudent fiscal management. In Fiscal Year 2025, the Authority generated its highest-ever annual revenue of P30.09 billion, driven by increased vessel

traffic and cargo throughput, improved regulatory income, higher storage revenues, and sustained revenue optimization initiatives. GM Santiago said the recognition belongs not only to the Authority but also to every Filipino who benefits from modern, efficient, and financially sustainable ports. "As we mark 52 years of serving the Filipino people, this recognition reminds us that every achievement of the PPA belongs to the nation. Every peso we remit reflects our responsible stewardship of public resources, while every investment we make in modernizing our ports helps strengthen trade, tourism, and connectivity for future generations. This milestone inspires us to continue serving with excellence, integrity, and accountability." He added that PPA remains committed to balancing strong financial performance with its primary mandate of delivering efficient, reliable, and responsive public service through modern port infrastructure. As the PPA enters its 52nd year, PPA reaffirmed its commitment to sustaining its strong fiscal performance by accelerating port modernization, digital transformation, and strategic infrastructure investments that strengthen national connectivity, support economic growth, and advance the Bagong Pilipinas agenda while continuing to create greater value for the Filipino people.

PPA 52nd A

A BusinessMirr

Saturday, July 11, 2026 | www.businessmirror.com.ph

PPA RECOGNIZED FOR COMPLIANCE WITH PROCUREMENT MONITORING REPORTING REQUIREMENTS

“This recognition affirms our collective commitment to uphold the highest standards of transparency, accountability, and compliance in government procurement,” said PPA GM Jay Santiago.

PPA GM Jay Santiago

PPA has been included in GPPB Positive List of FY 2025 PMR-Compliant Agencies. In photo, an aerial view of cargo trucks at the Port of Manila. PHOTO COURTESY OF PPA.

In a formal communication issued by the GPPB-TSO through its Performance Monitoring Division B, the PPA was informed that it successfully complied with the prescribed procurement monitoring and reporting requirements following the review and validation of its submitted reports. As a result, the PPA has been included in the Positive List of FY 2025 PMR-Compliant Procuring Entities, which will be published by

the GPPB-TSO. The recognition underscores the PPA’s continued commitment to transparency, accountability, and good governance in the management of public procurement activities. It likewise reflects the agency’s adherence to national procurement policies and its efforts to ensure that government resources are utilized efficiently and responsibly in support of public service delivery.

PPA General Manager Jay Santiago commended the members of the Bids and Awards Committee (BAC), the BAC Secretariat, enduser units, and all personnel involved in procurement planning, implementation, monitoring, and reporting for their dedication and professionalism. “This recognition affirms our collective commitment to uphold the highest standards of transparency, accountability, and compli-

ance in government procurement. It is a testament to the hard work of our procurement personnel and operating units across the PPA organization,” GM Santiago said. The PPA remains steadfast in strengthening its procurement systems and processes as part of its broader efforts to enhance operational efficiency, institutional integrity, and public trust while continuously improving the delivery of port services nationwide.

PPA boost cruise tourism drive, Manila sees rise in turnaround calls this year Complementing these efforts is the PPA’s tourism campaign, “PPAsyal Tayo,” which further boosts regional tourism and economic activity.

RUISE ships arriving on Philippine shores are no longer just making brief stopovers. More voyages are now beginning and ending in the country, signaling a shift in how global travelers experience local destinations. This trend highlights the Philippines’ growing role as a cruise hub in Asia, as port activity remains steady and turnaround operations increase in early 2026. From January to February 2026, the Philippine Ports Authority (PPA) recorded a total of 26 cruise calls and 76,188 cruise passengers across key ports nationwide, with data for March to April currently undergoing validation. Despite global challenges such as rising fuel prices, the consistent volume underscores the country’s sustained appeal among international cruise operators. A key highlight this year is the significant increase in turnaround cruise calls, particularly at the Eva Macapagal Cruise Terminal in Manila. As of April 2026, the terminal has already recorded six turnaround calls, substantially higher than the two turnaround calls last year, where passengers both embark and disembark in Manila. This reflects growing confidence among cruise lines in the country’s capability to serve as a homeport. The Manila cruise terminal continues to accommodate medium to large vessels, each carrying approximately 1,000 to 3,000 passengers of various nationalities including passengers from China, Europe, and the United States. To support the increasing volume, the PPA has prioritized enhancements in

Beyond Manila, several other PPA-managed ports have consistently welcomed cruise ships, including the Ports of Currimao, Salomague, Coron, and Puerto Princesa. Photo courtesy of PPA.

passenger experience through infrastructure upgrades such as covered walkways, improved gangways, clean restrooms, and world-class port facilities. “Beyond increasing cruise calls, our focus is on delivering a seamless and memorable experience for every passenger who arrives in the Philippines,” said PPA General Manager Jay Santiago. “We are actively upgrading our ports and expanding our capabilities to support the growing demands of cruise tourism. From improving passenger facilities to developing more cruise-ready ports, the PPA remains committed to continuously improve port infrastructure and passenger services to meet the evolving standards of global cruise tourism,” he added. Beyond Manila, several other PPAmanaged ports have consistently welcomed cruise ships, including the Ports of Currimao, Salomague, Coron, and Puerto Princesa, helping expand tourism opportunities across

PPA records 26 cruise calls and over 76,000 passengers in early 2026 despite global challenges. PHOTO COURTESY OF PPA.

key destinations. The PPA is also advancing the development of additional cruise ports to support increasing demand. These include the Port of Coron in Palawan, Port of Alegria in Buruanga, Aklan, Port of Catagbacan in Loon, Bohol, and Port of Balbagon in Mambajao, Camiguin. Cruise passenger arrivals have likewise shown strong growth in recent years. From 88,080 passengers in 2023, arrivals increased to 150,903 in 2024 and further surged to 226,247 in 2025, surpassing pre-pandemic levels recorded in 2019 at 213,765 passengers. In line with this growth, the PPA and its terminal operators continues to invest in port modernization and strengthen coordination with other government agencies to ensure safe, efficient, and passenger-friendly operations. Even before the recent surge in global oil prices, the agency had already begun implementing sustainability initiatives, including the gradual adoption of electricpowered equipment in ports and the use of solar lighting to improve operational efficiency and reduce environmental impact. Complementing these efforts is the PPA’s tourism campaign, “PPAsyal Tayo,” which promotes destinations near ports and encourages cruise passengers to explore local communities, further boosting regional tourism and economic activity. With sustained investments and strategic initiatives, the PPA remains optimistic about further strengthening the Philippines’ foothold in the global cruise tourism market.

Anniversary

ror Special Feature

www.businessmirror.com.ph | Saturday, July 11, 2026 B3

PPA EYES STRONGER SEA CARGO GROWTH IN 2026, FOLLOWING 6.6 % RISE IN 2025 THROUGHPUT The increase reinforces Philippine ports as reliable and competitive hubs that help drive national economic progress.

PPA posted strong growth in cargo, RoRo movements, vessel and passenger traffic in 2025, setting a positive outlook for 2026.

HE Philippine Ports Authority (PPA) is set to further strengthen the nation’s maritime trade and connectivity in 2026, following a robust performance in 2025 that saw total cargo throughput reach 308.5 million metric tons, a 6.6 percent increase from 2024. This milestone underscores the vital role of Philippine ports in driving trade, supporting local industries, and connecting communities across the archipelago. Domestic cargo throughput grew by 8.84 percent, rising from 104.83 million metric tons in 2024 to 114.09 million metric tons in 2025. This growth was fueled by higher shipments of construction materials, petroleum products, and industrial raw materials supporting infrastructure development, industrial activity, and inclusive economic progress nationwide. Foreign cargo also yielded positive results, increasing by 5.33 percent from 184.58 million metric tons in 2024 to 194.41 million metric tons in 2025, demonstrating the Philippines’ growing role in regional and global supply chains and highlighting investor confidence in the country’s trade capacity. Both containerized and non-containerized cargoes recorded strong growth, with container throughput surpassing 8 million TEUs, including 5.55 million TEUs of foreign container traffic and 2.99 million TEUs of domestic container traffic. These figures reflect the ports’ continuous support for domestic and international commerce, keeping goods moving efficiently across the nation and beyond. Ship calls rose to 664,817 in 2025, up from 621,374 in 2024, signaling stronger trade demand and improved port efficiency. This increase reinforces

Philippine ports as reliable and competitive hubs that help drive national economic progress. Roll on/Roll off (RoRo) traffic, a key pillar of inter-island connectivity, also grew to 12.81 million vehicles in 2025, a 13.3 percent increase from 2024, enabling farmers, micro, small, and medium enterprises, and local communities to move goods more efficiently. RoRo traffic is projected to grow another 6.15 percent in 2026, reflecting sustained demand for cost effective transport solutions that connect the islands and empower Filipino enterprises. “These 2025 results reflect our commitment to a more efficient, reliable, and interconnected port system that supports economic growth across the archipelago. As we enter 2026, we remain focused on delivering solid results that translate to safer, more reliable, and more accessible port service and national development,” said PPA General Manager Jay Santiago. With these achievements and the continued support of national economic partners, the PPA continues to advance the vision of “Bagong Pantalan sa Bagong Pilipinas” a nation with stronger trade, seamless connectivity, and shared economic progress for all Filipinos.

PPA 52nd Anniversary A BusinessMirror Special Feature

B4 Saturday, July 11, 2026

www.businessmirror.com.ph

P30.09B revenue in FY 2025, highest in PPA history

This steady rise highlights the agency’s evolving role and its efforts to transform the Philippine port system into a more efficient and globally competitive sector.

Banago Port in Bacolod City, Negros Oriental serves as a main gateway for inter-island cargo, passengers, and RoRo vessels. PHOTO COURTESY OF PPA.

HE Philippine Ports Authority (PPA) continues to make history for sustaining its strong financial momentum after generating a recordbreaking P30.09 billion in revenue for Fiscal Year 2025 according to its unaudited financial report, reflecting an 8.86% increase from year 2024.

The strong fiscal performance enabled the declaration of the largest dividend remittance ever recorded by the Authority. The PPA Board of Directors approved a dividend declaration amounting to P5,334,158,018, equivalent to 52% of net earnings for FY 2025, in compliance with Republic Act No. 7656 or the Dividends Law, which mandates governmentowned and controlled corporations to remit at least 50% of their annual net income to the National Government. The revenue surge was driven

PPA generated P30.09 billion for FY 2025, driven by higher vessel traffic and cargo throughput. PHOTO COURTESY OF PPA.

by sustained growth in vessel traffic and cargo throughput, higher storage revenues, strengthened regulatory income following tariff adjustments, and favorable gains from dollardenominated tariffs. These factors reflect the continued expansion of maritime trade activities and the effective implementation of the Authority’s revenue optimization and fiscal management strategies under the leadership of PPA General Manager Jay Santiago. “With its consistent upward revenue trajectory, PPA is well-

positioned to fund ongoing and upcoming port infrastructure projects aimed at enhancing trade facilitation, improving logistics efficiency, and supporting tourism growth. This is a reflection of our commitment to modernizing our ports, strategic reforms, and the collective effort of PPA employees and stakeholders,” said GM Santiago. From a long-term perspective, the PPA’s financial performance has demonstrated consistent growth. Total revenues have risen from P14.32 billion in 2016

to P27.64 billion in 2024, with regulatory income increasing from P6.82 billion in 2016 to P15.68 billion in 2024. This steady rise highlights the agency’s evolving role and its efforts to transform the Philippine port system into a more efficient and globally competitive sector. PPA reaffirmed its commitment to delivering modern, sustainable, and resilient port infrastructure systems that contribute to economic expansion and inclusive national development.

PPA recognized for compliance with procurement monitoring reporting requirements The PPA remains steadfast in strengthening its procurement systems and processes as part of its broader efforts to improve the delivery of port services nationwide.

HE Philippine Ports Authority (PPA) has been recognized by the Government Procurement Policy Board – Technical Support Office (GPPB-TSO) for its compliance with the submission requirements for the Fiscal Year 2025 Procurement Monitoring Reports (PMRs). In a formal communication issued by the GPPB-TSO through its Performance Monitoring Division B, the PPA was informed that it successfully complied with the prescribed procurement monitoring and reporting requirements following the review and validation of its submitted reports. As a result, the PPA has been included in the Positive List of FY 2025 PMR-Compliant Procuring

Entities, which will be published by the GPPB-TSO. The recognition underscores the PPA’s continued commitment to transparency, accountability, and good governance in the management of public procurement activities. It likewise reflects the agency’s adherence to national procurement policies and its efforts to ensure that government resources are utilized efficiently and responsibly in support of public service delivery. PPA General Manager Jay Santiago commended the members of the Bids and Awards Committee (BAC), the BAC Secretariat, end-user units, and all personnel involved in procurement planning, implementation, monitoring, and

PPA GM Jay Santiago, second from left, receives the Certificate of Recognition from the GPPB-TSO for his office’s compliance with the submission requirements for the Fiscal Year 2025 Procurement Monitoring Reports. PHOTO COURTESY OF PPA.

Opening ports to young minds: PPA’s port educational tours For the past years, the PPA has been conducting port educational activities as part of its advocacy to expand learning opportunities for the youth and to increase awareness of the maritime industry.

S the world marked World Education Day early this year, the Philippine Ports Authority (PPA) underscores the importance of expanding learning spaces beyond the walls of the classroom and bringing education closer to real-world experiences that shape national development. Learning does not always happen inside a classroom—sometimes, it happens in places one least expects, such as the port. What may seem like a space where passengers simply arrive and depart also serves as a vital hub of economic activity, logistics, and public service, making it an ideal setting for experiential learning. Guided by this perspective, the PPA highlights its Port Educational Tour, a learning initiative that brings students closer to the actual operations of ports across the country, while introducing them to the critical role of the maritime sector in nation-building. PPA General Manager Jay Santiago emphasized that the initiative reflects the agency’s broader mandate beyond port

regulation and development. “Education is a cornerstone of nationbuilding. By opening our ports to students, we are helping shape informed and future-ready citizens who understand the importance of maritime connectivity to our economy. This initiative supports the vision of President Ferdinand Marcos Jr. to build a stronger and more inclusive Philippines,” GM Santiago said. As early as 2015, the PPA has been conducting port educational activities as part of its advocacy to expand learning opportunities for the youth and to increase awareness of the maritime industry. Over the years, the initiative has steadily grown and is now implemented nationwide, reaching various ports and Port Management Offices beyond Manila South Harbor and the Manila International Container Terminal (MICT). The Port Educational Tour aims to broaden students’ understanding of port operations and the maritime industry through actual exposure to port facilities and operational areas. It serves

as a valuable supplement to academic learning, particularly for students taking up maritime, logistics, port management, and engineering courses. Each tour typically accommodates around 30 to 100 students, composed mainly of senior high school and college learners, with some ports also welcoming younger students. Nationwide participation from various Port Management Offices (PMOs) highlights the wide reach of the program. From SOCSARGEN, NCR South and North, Eastern Leyte/Samar, Negros Oriental/Siquijor, Lanao del Norte/Iligan, Western Leyte/Biliran, Panay/Guimaras, Agusan, Zamboanga, Davao, Misamis Occidental/ Ozamiz, Misamis Oriental/ Cagayan de Oro to Zamboanga Del Norte/Dapitan port educational tours were conducted between 2023 and 2025, accommodating students from daycare, senior high school, and college levels. These activities were made possible through close coordination between PPA and participating schools. Across different ports, the program generally follows a structured flow. Activities

begin with a safety orientation, followed by a discussion on the role of the PPA in nationbuilding, economic development, and environmental protection. Students are then guided through selected operational areas and key port facilities, with PPA personnel explaining day-to-day port functions. Tours often conclude with an open forum or question-and-answer session to further enrich the learning experience. The students gain firsthand insights into port operations and the vital role ports play in daily life and national development through guided visits to passenger terminal buildings and operational zones—an experience that many participants describe as both eye-opening and inspiring. “Nagpapasalamat po ako na isa ako sa maswerteng estudyante na nakasali sa Port Educational Tour na ito dahil sa pamamagitan nito ay napalawak ang aming kaisipan na mangarap pa, kasi hindi lang pala doon sa bukod mayroong makikitang trabaho kundi marami

pa palang makikitang opportunity kagaya nitong sa port industry,” said Sario Ligcat, scholar of TATAG IP Students Foundation Inc.. Ligcat was among the students who visited the port in Davao. For other students, the tour deepened their appreciation of ports as gateways not only for commerce but also for people and cultures. “Mahalaga po ang pantalan sa Pilipinas kasi siyempre, ito po ‘yung pinagkukunan natin ng mga products galing sa ibang bansa na wala po rito sa Pilipinas. Mahalaga po ang pantalan para sa foreigners na gustong dumayo sa atin, and of course, para rin po sa atin na gusto pong dumayo sa ibang destination,” shared Beverly Mangod, another par-

reporting for their dedication and professionalism. “This recognition affirms our collective commitment to uphold the highest standards of transparency, accountability, and compliance in government procurement. It is a testament to the hard work of our procurement personnel and operating units across the PPA organization,” GM Santiago said. The PPA remains steadfast in strengthening its procurement systems and processes as part of its broader efforts to enhance operational efficiency, institutional integrity, and public trust while continuously improving the delivery of port services nationwide.

ticipant of the Port Educational Tour. Meanwhile, the operational side of port management left a lasting impression on students interested in logistics and supply chains. “Para sa akin, importante na malaman ng mga kabataan na ganito pala ang pag-handle ng isang kompanya para hindi ma-delay ang mga produkto na ide-deliver sa iba’t ibang lugar,” said Benjie Pepe, who also joined the educational tour. Through initiatives such as the Port Educational Tour, the PPA continues to support education as a key pillar of nation-building, opening its ports not only to facilitate trade and transport, but also to serve as learning platforms for future maritime and logistics professionals.

Educational activity. A PPA personnel explains to students the day-to-day port functions in selected operational areas and key port facilities.