Marcos leads distribution of aid in Opong-hit areas in Masbate

President Ferdinand Marcos Jr. on Wednesday led the distribution of financial aid and livelihood assistance in Masbate, one of the provinces hardest hit by Typhoon Opong.

During the event at Nursery Elementary School, the Department of Social Welfare and Development (DSWD) provided P10,000 each to 600 families through its Assistance to Individuals in Crisis Situation program.

The Department of Labor and Employment (DOLE) Region V also released two checks totaling over P34.8 million to the provincial government of Masbate. The funds will support the agency’s Livelihood Assistance and Tulong Panghanapbuhay sa Ating Disadvantaged Workers programs, benefiting 6,455 individuals in 11 municipalities.

Aside from these, Marcos also oversaw the distribution of family food packs, hygiene kits, malongs, 10-meter laminated sacks, and water filtration kits from the DSWD.

In addition, two Starlink units were turned over to Nursery Elementary School to provide internet connectivity for the evacuees.

As of Tuesday, the school shelters 41 families or 121 individuals, displaced by Typhoon Opong.

In his speech, Marcos told the typhoon victims that the government will provide continuous assistance to help them return to their normal lives.

‘Do not worry, the government’s support will continue for as long as you are in need,’ the President said in Filipino.

‘Even if it takes us a little longer because your homes are not yet repaired, we are already providing support,’ he added.

Aside from the distribution of aid, Marcos also visited Masbate Provincial Hospital to personally inspect its damaged facilities and turned over a facsimile check worth P3 million from the Department of Health to the provincial government for repair works.

Slater Young, Manilyn Reynes, Ellen Adarna call for prayers after Cebu earthquake

Slater Young, Manilyn Reynes and Ellen Adarna expressed concern for their fellow Cebuanos who have been affected by the 6.9 magnitude earthquake that struck the island on Tuesday. Sept. 30.

The entire province of Cebu has been placed under a state of calamity amid the widespread destruction and rising death toll. The epicenter of the earthquake was in Bogo City, which recorded the most number of fatalities.

Young, who is based in Cebu, assured those checking up on them that his family is safe and extended his prayers to those affected by the calamity.

‘Thank you for the messages and well-wishes. The family is all okay from the quake last night,’ he said via his Instagram Stories on Wednesday, Oct. 1. ‘Praying for our fellow Cebuanos and everyone else affected from the quake.’ Reynes shared her prayer written in Cebuano via her Instagram Stories.

‘Dear God, palihug, tabangi intawon ang tanan. Daghang salamat,’ she said. (Dear God, please help everyone. Thank you very much.) Cebuano actress Adarna, for her part, reposted a social media card showing the aftermath of the earthquake in Cebu and appealing for prayers. The Office of Civil Defense said on Wednesday morning that ‘as high as 60 individuals were reported to have perished in this earthquake.’ /edv

Ayala brings Spinneys to the Philippines

Ayala Corp. has signed a deal to bring another grocery format to the Philippines, this time United Arab Emirates-based Spinneys, which will likewise mark its debut in Asia.

Under the partnership, Ayala will hold a 60-percent stake, while Spinneys will own the remaining 40 percent, Spinneys said in a press statement issued in Dubai dated Sept. 30.

The partnership marks Spinneys’ first venture outside of the Gulf area.

The company said this was ‘aligned with its strategy to broaden its geographic footprint by entering structurally attractive high-growth markets.’

The collaboration is also seen to signify Ayala’s growing stake in the retail sector, as it continues to bring more international brands to the Philippine market.

New chapter

Just recently, Ayala signed a deal to bring warehouse club Makro to the country.

‘Spinneys’ expansion into Southeast Asia marks an exciting new chapter for us. The Philippines offers significant long-term growth potential, with strong economic fundamentals, a growing affluent population, and increasing demand for high-quality offerings,’ said Sunil Kumar, CEO at Spinneys.

‘With a growing middle and upper-income population, the Philippines is seeing a clear shift in consumer expectations creating a strong opportunity for a modern, premium retail offering like ours. Our partnership with Ayala combines its deep local knowledge with our operational expertise, providing a strong foundation to grow in a measured way. As we enter this next phase, we’re delighted to be bringing our highquality and fresh offering to a new region,’ Kumar added.

Ayala president and CEO Cezar Consing said the country’s oldest conglomerate was honored to be the first partner of Spinneys as it ventures outside the Gulf Cooperation Council (GCC).

Trade with GCC

‘We hope this investment will catalyze trade and investment between the Philippines and the GCC. At Ayala, we take pride in partnering with some of the world’s leading companies and working alongside them to bring world-class products and services to the Philippines,’ he added.

Retail holding firm Spinneys Holding 1961 has been operating in the UAE since 1961. It became a publicly-listed company in 2024.

Based on its 2024 annual report, it had at least 80 stores in the UAE, Saudi Arabia and Oman.

Revenues last year stood at AED 3.2 billion ($870 million) while net profit amounted to AED 290 million ($78.95 million).

Its core focus is food, with more than 85 percent of retail revenues generated from food products. Within the food segment, it focuses on ‘fresh’ food, which makes up more than 63 percent of total retail revenues.

IMI shutters Kuichong facility as part of China consolidation

Integrated Micro-Electronics Inc. (IMI), the listed semiconductors and electronics manufacturing arm of the Ayala Group, has shut down its Kuichong facility to consolidate its China business in a single location.

In a regulatory filing on Wednesday, IMI said final production activities in Kuichong ended on Tuesday, Sept. 30. They are now integrating operations into IMI’s Pingshan facility.

‘Throughout this transition period, IMI’s management team will prioritize business continuity and ensure that key customer accounts from IMI Kuichong will be served with minimal disruption,’ IMI said in its disclosure.

‘This strategic move is expected to further improve operational efficiency, increase capacity utilization in IMI Pingshan and further streamline IMI’s footprint in China,’ it added.

This follows IMI’s P635-million exit from its Czech Republic business in June as it sought to cut losses and return to profitability.

Its subsidiary, Cooperatief IMI Europe UA, had agreed to sell 100 percent of IMI Czech Republic to Keboda Deutschland GmbH and Co. KG. /dda

LPA inside PAR may become a tropical depression in 24 hours

The low-pressure area (LPA) inside the Philippine Area of Responsibility (PAR) now has a high chance of developing into a tropical depression within the next 24 hours, said the Philippine Atmospheric, Geophysical and Astronomical Services Administration (Pagasa) on Wednesday, Oct. 1.

According to Pagasa, the LPA was estimated at 1,080 kilometers east of Southeastern Luzon as of 2 a.m.

While it does not yet have a direct effect on land, Pagasa said that it is likely to develop into a severe tropical depression within the next 24 to 48 hours.

‘And if this develops into a tropical cyclone, we will name it Typhoon Paulo,’ said Pagasa’s Weather Specialist Loriedin de la Cruz in a video weather report.

The LPA entered PAR at 8:00 p.m. on Tuesday, September 30.

Meanwhile, the easterlies will continue to bring cloudy skies with scattered rain and thunderstorms across the country. It will affect the Bicol Region, Eastern and Central Visayas, Caraga, Northern Mindanao, Aurora, and Quezon.

The rest of the country will experience partly cloudy to cloudy skies with isolated rain showers and thunderstorms.

Residents in these areas are advised to remain vigilant for potential flash floods and landslides due to moderate to heavy rainfall.

Light to moderate winds will prevail across Luzon, Visayas, and Mindanao.

Investing in SUCs: Challenges and opportunities

State universities and colleges (SUCs) are critical pillars of higher education, human capital development, and technological innovation in the Philippines. As SUCs expand access to higher education, they act as equalizers that can level the playing field for the underprivileged. These institutions are essential in addressing educational disparities, promoting inclusive growth, and advancing research that contributes to national development. They serve as hubs for talent cultivation and skills training, supporting the development of a knowledge-based economy.

Today, the Philippines has 113 SUCs operating nationwide. SUCs face common challenges such as financial constraints, regulatory barriers, and sub-optimal use of funds, which undermine long-term sustainability. A persistent issue is the lack of funding for capital outlays, leading to aging buildings, outdated and inadequate facilities, and the discontinuation or non-implementation of development plans despite a growing student population. Additionally, SUCs struggle to recruit specialized personnel like psychometricians and guidance counselors due to uncompetitive salaries, forcing them to rely on temporary staff. Retention of academic staff is also problematic when there is insufficient support for human resource development.

SUCs mainly depend on government subsidies for funding. They also generate income from tuition, auxiliary services, and income-generating projects (IGPs). Under the Universal Access to Quality Tertiary Education Act, the government now covers the tuition fees of undergraduate students. While research grants are sought, procedural barriers often hinder SUCs, especially lesser-known universities, from securing funding. SUCs face challenges like uneven budget distribution, limited financial independence, and multiple layers of bureaucracy that slow down effective use of funds. Many struggle to maximize revenue from IGPs and turn research outputs into profitable intellectual properties (IPs) because they lack entrepreneurial skills and necessary facilities.

To address these issues, it is essential to pursue strategic reforms in SUCs’ financing. International experience provides insights into how Philippine SUCs can become more financially sustainable. For example, Singapore funds its universities through block grants with a three-year budget cycle and strong endowment funds.

Singapore’s National Research Foundation Central Gap Fund actively promotes the commercialization of research outputs. Meanwhile, Thailand adopts a decentralized approach that grants autonomy to universities via block grants, allowing for more flexible fiscal management. This strategy has resulted in higher research budgets and increased operational efficiency.

Locally, the establishment of knowledge, innovation, science, and technology parks in SUCs, through the support of the Department of Science and Technology and the Philippine Economic Zone Authority, can further unlock the optimal utilization of land grants and foster industry partnerships. The UP-Ayala Land TechnoHub serves as a pioneer in this type of university-industry collaboration. This partnership fosters technology commercialization, business incubation, and job creation. Although there are debates surrounding this approach, such as the prioritization of IT services versus a more research-intensive focus, similar partnerships can facilitate a more optimal utilization of SUCs’ assets.

Other good practices include continuous investment in faculty and staff capacity building, especially for research, and emphasizing digitization for increased administrative efficiency.

The government should continue pursuing the creation of more fiscal space, allowing for more investments in higher education. Furthermore, strengthening university-industry partnerships and facilitating the commercialization of IPs and innovations can substantially improve SUCs’ funding and support the country’s development agenda.

Down the line, performance-based funding linked to clear and transparent key performance indicators can further enhance efficiency. A more ambitious reform for the Philippines is to grant greater financial independence to SUCs through block grants and multi-year budgets for internally generated income, giving them flexibility in resource allocation.

An effective tuition fee structure can support these block grants, which should be based on the standard cost of education delivery, a quality premium, and the capacity limits of SUCs.

To effectively serve as catalysts of social and economic progress, the financial sustainability of SUCs must be achieved through strategic reforms that free them from financial constraints imposed by conservative and rigid structures.

BSP expects 1.5% to 2.3% September inflation rate

The Bangko Sentral ng Pilipinas (BSP) said inflation may have picked up in September, projecting consumer price hike to average between 1.5 and 2.3 percent, as higher rice, fish, and fuel costs added pressure.

The forecast comes after August inflation stood at 1.5 percent, which settled below the 2 percent to 4 percent target band of the inflation-targeting central bank.

The central bank said it would stay alert to both domestic and global developments, underscoring its data-dependent stance on monetary policy. /dda

Jeric Raval didn’t intend to reveal grandkids with AJ Raval, Aljur Abrenica

Jeric Raval admitted he only had a slip of the tongue when he confirmed to the public that his daughter AJ Raval and her boyfriend Aljur Abrenica already have two children.

The veteran action star’s confirmation came last August during the press conference of the film ‘Mamay: A Journey to Greatness,’ which he was part of.

This was then brought up during his interview on ‘Fast Talk with Boy Abunda’ on Tuesday, Sept. 30, after show host Abunda asked if the couple got mad at Jeric for the revelation he did.

‘Hindi naman. Actually, nadulas lang ako noon eh,’ Jeric answered, laughing. (No. Actually, I revealed it accidentally.)

Jeric recalled how he blurted out the information while having a casual conversation with someone at the event, and was asked again about it during the press conference proper.

Jeric added that AJ reached out to him after his interview circulated on social media, but that she told her, ‘Nasabi ko na e. Anyway, lalabas din ‘yan.’ (I have already said it. It would eventually come out anyway.)

However, the actor clarified that the pregnancy rumors that hounded AJ a few years back were indeed not true.

”Yung totoo [ay] ‘yung panahon na hindi naman na nababalita, [pero] nasabi ko,’ he continued. ‘Daldal ko kasi e.’

(There were no talks about it when she actually had a child, but I initiated it again with my statement. I blame my talkativeness.)

Jeric also noted that the couple’s firstborn is a girl and the second one is a boy-a correction to the previous detail he got wrong about his grandchildren.

When asked about AJ and Abrenica, Jeric said the couple are happy and have been doing well. Jeric further disclosed that he advised AJ to return to show business while she is still young.

‘Medyo napaso [siya] do’n sa mga bashing kasi puro below the belt e,’ he said of AJ. ‘Hindi pa namin napag-uusapan ulit ngayon pero dati talagang ayaw na niya [bumalik].’

(She was quite affected by the bashing because most of them were below the belt. We haven’t talked about it again but before, she said she really does not want to return to show business.)

AJ and Abrenica, who went public with their romance in 2023, have yet to publicly speak about the matter as of this writing. /edv

Visayas power grid on ‘yellow alert’ due to Cebu earthquake

The Visayas grid is placed on ‘yellow’ alert this Wednesday, Oct. 1, as several power plants went on forced outage following the 6.9-magnitude earthquake that had shaken Cebu Tuesday night.

In an advisory, the National Grid Corp. of the Philippines (NGCP) said the Visayas grid would be under yellow alert from 1 p.m. to 12 a.m.

In a yellow alert, the power supply can still meet demand, but it will serve as a warning that when a plant breaks down one way or another, it will result in brownouts.

The grid operator said a total of 27 power plants had tripped due to the earthquake, leading to 1,444.1 megawatt (MW) capacity loss from the grid. At least 10 transmission lines are also on outage.

Sixteen more power plants were not operational even prior to the incident.

The current available capacity is at 1,888 MW, while the peak demand is 1,839 MW.

The Luzon and Mindanao grids, meanwhile, are under normal operations. /dda

US government shutdown begins as partisan division rules Washington

Washington. The U.

S. government shut down much of its operations on Wednesday as deep partisan divisions prevented Congress and the White House from reaching a funding deal, setting off what could be a long, grueling standoff that could lead to the loss of thousands of federal jobs.

There was no clear path out of the impasse, while agencies warned that the 15th government shutdown since 1981 would halt the release of a closely watched September employment report, slow air travel, opens new tab, suspend scientific research, withhold pay from U.S.

troops and lead to the furlough of 750,000 federal workers at a daily cost of $400 million. Republican President Donald Trump, whose campaign to radically reshape the federal government is already on track to push out some 300,000 workers by December, warned congressional Democrats that a shutdown could clear the path for more job cuts.

Vice President JD Vance issued an unusual warning about air safety, noting that air traffic controllers and Transportation Security Administration personnel — essential staff who work through shutdowns — would be worried about delayed paychecks. “If you’re flying today, I hope, of course, you arrive safely and on time, but you may not arrive on time because the TSA and the air traffic controllers are not getting paid today,” Vance said on Fox News.

The U.S.

‘s longest-government shutdown, which stretched over 35 days in 2018-2019 during Trump’s first term, ended in part after flight delays caused by air traffic controllers calling in sick. Senate Democrats on Tuesday blocked a stopgap measure to fund the government through Nov.

21 over Republicans’ refusal to attach an extension of health benefits for millions of Americans that are due to expire at the end of the year. Republicans say the issue must be addressed separately.

Both sides were posturing to blame the other and looking for advantage in the 2026 midterm elections that will determine control of Congress. Senate Republican Leader John Thune scheduled another series of votes on Wednesday, hoping to pressure Democrats to break ranks.

Wall street slips The shutdown was set to delay the release of some government economic reports, adding unease to Wall Street investors at a time of economic uncertainty. Wall Street opened lower, gold struck a record high and Asian stocks wavered as investors worried about delays in the release of key data and the impact of job losses.

The dollar hovered near a one-week low versus major peers. At issue on the government funding front is $1.7 trillion for agency operations, which amounts to roughly one-quarter of the government’s total $7 trillion budget.

Much of the remainder goes to health and retirement programs and interest payments on the growing $37.5 trillion debt. Independent analysts warn the shutdown could last longer than the budget-related closures of the past, with Trump and White House officials threatening to punish Democrats with cuts to government programs and the federal payroll.

“Donald Trump and Republicans have shut the government down because they don’t want to provide healthcare to working-class Americans,” House Democratic Leader Hakeem Jeffries said on ABC’s “Good Morning America.” Thune said Democrats had routinely backed similar funding bills in years past.

“What’s changed is President Trump is in the White House. That’s what this is about.

This is politics. And there isn’t any substantive reason why there ought to be a government shutdown,” the South Dakota Republican told reporters.

Trump’s Republicans hold majorities in both chambers of Congress, but legislative rules require 60 of the 100 senators to agree on spending legislation. That means that at least seven Democrats are needed to pass a funding bill.

On Tuesday, three of them voted for the Republican bill. Democrats focus on healthcare funding Democrats are under pressure from their frustrated supporters to score a rare victory ahead of the 2026 midterm elections that will determine control of Congress for the final two years of Trump’s term.

The healthcare push has given them a chance to unite behind an issue that resonates with voters. Along with the extended health subsidies, Democrats have also sought to ensure that Trump will not be able to undo those changes if they are signed into law.

Trump has refused to spend billions of dollars approved by Congress, prompting some Democrats to question why they should vote for any spending legislation at all. University of Chicago professor Robert Pape said the polarized U.

S. political climate could make it harder for party leaders to reach a deal to reopen the government, which would likely anger their most vocal partisans.

“The rules of politics are radically changing, and we can’t know for sure where all of this is going to end,” he said. .