Bong Go helps Sampaloc fire victims’ recovery, rebuilding efforts

Sen. Bong Go visited the families affected by fire in Sampaloc, Manila on Wednesday and provided them with additional assistance to help them recover from their loss.

‘Material things can be bought, money can be earned, but life cannot be bought. A lost life is a life lost forever,’ Go said as he reminded the victims on the importance of prioritizing and valuing life more than material things.

Go, in coordination with the Manila city government, collaborated with the national government in providing help through the Emergency Housing Assistance Program – an initiative he supported to help families rebuild their destroyed houses.

As principal author of the Bureau of Fire Protection Modernization Act of 2021, Go also advocates for enhanced firefighting capabilities by modernizing BFP equipment, hiring more personnel and offering specialized training programs.

Go, also known as Mr. Malasakit, provided snacks, caps, fans, vitamins, shirts, basketballs and volleyballs to 286 affected families in Barangays 459 and 548.

As vice chair of the Senate committee on health and demography, Go encouraged everyone to visit any Malasakit Center whenever they need medical assistance.

In Manila, these centers are in Tondo Medical Center, Philippine General Hospital, Dr. Jose Fabella Memorial Hospital, Jose R. Reyes Memorial Medical Center and San Lazaro Hospital.

Senate adopts resolution to restore 35 percent rice tariff

The Senate has adopted a resolution urging President Marcos to revert the imported rice tariff rate from the current low 15 percent to 35 percent, in a bid to reduce farmers’ income losses to importation.

The resolution was adopted during the plenary session on Wednesday, and called on the executive to reinstate the ‘most favored nation’ tariff rate back to 35 percent.

Sen. Francis Pangilinan, a sponsor of the measure as chair of the Senate committee on agriculture, food and agrarian reform, said in his privilege speech that imported rice should be levied with the previous rate, ahead of the end of the 60-day rice importation ban earlier imposed by the President.

Pangilinan said it is time to raise the tariffs because of low world market prices at $376 per metric ton this year, from $700 per metric ton last year, and the threat of imported rice to the harvest of domestic farmers.

Bringing back the 35 percent tariff rate would strengthen domestic rice production, narrow the gap of farmgate prices and production cost and restore the government’s P27-billion revenue loss due to the lower rate.

The P27-billion could have been used to fund the Rice Competitiveness Enhancement Fund, which provides financial aid and equipment to farmers.

The move last year to lower the tariff rate from 35 percent to 15 percent resulted in a drop of farmgate price of palay to P7.66 per kilo, below the production cost of P13.51 per kilo, Pangilinan said.

‘The winner? Importers and traders who pocket the difference of P7 at less than P1 per kilo. Who lost? Palay farmers and consumers. The loser: government,’ Pangilinan said in Filipino.

During yesterday’s Senate hearing on the proposed budget of the Department of Economy, Planning and Development (DEPDev), Senate finance chair Sherwin Gatchalian asked about the executive’s plan to bring back the 35 percent tariff.

DEPDev Secretary Arsenio Balisacan said the agency ‘has been discussing with the President’ the issue of the low rice tariff rate despite a decrease in world prices and a drop in farmgate prices.

Balisacan said one option besides raising the tariff rate is giving price support to farmers, while moderating the increase in tariffs and not putting pressure on inflation.

SM City Santa Rosa IT Center to boost Laguna’s standing as IT-BPM location

SM City Santa Rosa IT Center is expected to boost Laguna’s standing as a preferred location for the IT-BPM sector, contributing to the expansion of investments outside Metro Manila, following its proclamation as an information technology economic zone.

SM Offices, a unit of integrated property developer SM Prime Holdings, has signed a registration agreement confirming the Presidential Proclamation of SM City Santa Rosa IT Center as an IT economic zone.

Proclamation 944, signed by President Marcos, officially designates a portion of SM City Santa Rosa as a special IT ecozone under PEZA.

SM Prime said the establishment of SM City Santa Rosa IT Center as an ecozone reinforces the shared goal of the company and PEZA to attract investments, generate employment and drive regional development across the country.

Accreditation as an IT ecozone under PEZA provides fiscal and non-fiscal incentives, including income tax holidays, tax and duty exemptions, streamlined import-export procedures and access to special non-immigrant visas.

The designation likewise ensures modern infrastructure and efficient government services, creating a strategic edge for registered IT enterprises in the country.

‘This partnership with PEZA underscores our dedication to providing world-class spaces for the IT-BPM industry. Santa Rosa is strategically located with access to talent, infrastructure and lifestyle amenities that will support long-term growth for companies and employees alike,’ SM Offices head Alexis Ortiga said.

PEZA director general Tereso Panga, for his part, said the proclamation of SM City Santa Rosa as an IT center opens new doors for job creation and investment opportunities in the countryside.

‘PEZA stands ready to handhold locators seeking to set up operations in the Philippines as we advance our country’s role as one of the leading global IT-BPM hubs in Asia,’ Panga said.

SM Offices supports the IT-BPM industry through PEZA-accredited developments such as its E-Com Centers at the Mall of Asia Complex and SM North EDSA Towers in Quezon City.

SM Prime said the addition of SM City Santa Rosa IT Center extends SM Offices’ reach to provincial growth corridors.

Chinese firm Invests in Ogun’s power grid, industrial development in new deal

Ogun State Governor, Dapo Abiodun, has announced a strategic partnership with Chinese investors aimed at enhancing the state’s energy infrastructure and expanding its industrial capacity.

In a statement shared on X (formerly Twitter) on Saturday, the governor revealed that discussions were held with the Jiangsu-based energy company Cteec. Talks focused on financing opportunities, technical expertise, and the company’s readiness to deliver key energy projects in the state.

Governor Abiodun noted that the engagement centred around three major areas of collaboration: Strengthening power transmission and distribution across the state; establishing an Industrial Park designed to attract Chinese manufacturers and integrate power solutions, and installing a free 3MW power plant at the Gateway International Cargo Airport to support immediate operations.

‘Our discussions highlighted three critical components of our partnership: the reinforcement of Ogun’s electricity infrastructure, the creation of a manufacturing hub powered by reliable energy, and the installation of a 3MW power facility at our airport, which will immediately catalyse activity at that important location,’ Abiodun stated.

The governor also disclosed that the Chinese delegation would inspect ongoing distribution and power infrastructure projects executed by Sahara and Powergen, as part of wider efforts to secure a stable energy supply for the state.

According to Abiodun, Cteec already has an existing investment portfolio of 100MW in Nigeria and is now seeking to expand its footprint. The company’s interests include power generation and distribution, investment in a dedicated state transmission network, and the development of an Industrial Park to attract further Chinese manufacturers to Ogun State.

‘This partnership is yet another testament to our unwavering commitment to building the energy backbone that will support Ogun State’s industrialisation and long-term economic development,’ the governor added.

In related developments, the Gateway International Airport in Iperu-Ilishan is gearing up for commercial operations. Reports indicate that inaugural flights from the airport to Abuja have sold out, with tickets for subsequent days also fully booked , signalling strong demand and readiness of the facility to serve as a key aviation hub in Nigeria.

‘Our vision has always been to leave a legacy of sustainable development and inclusive growth. From constructing roads that ease transportation of people and goods, to developing affordable housing, we remain committed to improving the quality of life for our citizens,’ said Abiodun.

The Nigerian Civil Aviation Authority officially granted the Gateway International Airport its Aerodrome Operational Permit in August 2025. Passenger flight services are scheduled to commence on 7 October 2025, with Value Jet Airline operating flights twice weekly.

FX: After four days of gains, naira dips to ?1,465 at official market

The Nigerian naira fell sharply against the United States dollar at the close of trading on Friday, ending the week on a disappointing note after days of positive performance.

According to official data released by the Central Bank of Nigeria (CBN), the naira depreciated to ?1,465.68 per dollar at the Nigerian Autonomous Foreign Exchange Market (NAFEM), compared to ?1,455.25 per dollar recorded on Thursday.

This represents a ?10.43 drop in value within a single day, signaling renewed pressure on the local currency after a brief period of recovery.

The decline comes after the naira had shown strong momentum earlier in the week, gaining steadily for four consecutive days due to improved dollar supply and increased investor confidence.

However, market analysts suggest that renewed demand for foreign exchange by importers and corporate entities toward the weekend may have triggered the latest round of depreciation.

At the parallel (black) market, the naira remained stable at ?1,485 per dollar on both Thursday and Friday, suggesting that traders are maintaining a wait-and-see approach as the market adjusts to recent policy measures introduced by the apex bank.

Despite Friday’s decline, the naira still recorded a slight improvement on a week-on-week basis, appreciating by ?14.98 when compared to the ?1,480.66 per dollar exchange rate recorded on Friday, September 27, 2025.

Meanwhile, Nigeria’s external reserves have continued to grow, standing at $42.40 billion as of October 2, 2025, up from $42.33 billion just three days earlier.

Analysts view this steady rise in reserves as a positive sign, reflecting improved foreign inflows and potential stability for the foreign exchange market in the coming weeks.

Experts have continued to urge the Central Bank to sustain its monetary tightening measures and enhance transparency in the forex market to restore full confidence among investors and businesses.

They also emphasized the need for Nigeria to boost local production and reduce dependence on imports, which remains one of the major factors driving dollar demand.

While the week ended with a slight setback for the naira, economists remain cautiously optimistic that the local currency could regain strength if foreign inflows continue to rise and market reforms are fully implemented.

Saka, Rice shine as Arsenal sink West Ham on Arteta’s 300th game in charge

Bukayo Saka and Declan Rice were the stars of the show as Arsenal cruised past West Ham United on Saturday, marking Mikel Arteta’s 300th game in charge with a dominant 2-0 victory at the Emirates Stadium.

Rice opened his account for the season against his former club, finishing neatly after Eberechi Eze’s shot was parried by Alphonse Areola. The goal came shortly after captain Martin Odegaard was forced off with an injury, the third straight home game the midfielder has failed to finish.

Despite the setback, Arsenal maintained full control of the match. Their attacking intent was clear from the start, with Arteta fielding an adventurous midfield of Rice, Odegaard, and Eze, showing the depth of a squad strengthened by a £250m summer overhaul.

The Gunners sealed victory in the second half after Jurrien Timber was brought down by El Hadji Malick Diouf inside the box. Saka, making his 200th Premier League appearance, calmly converted the resulting penalty, his 55th league goal for the club.

The win sent Arsenal to the top of the Premier League table, overtaking Liverpool ahead of their clash with Chelsea later in the day.

For West Ham, new boss Nuno Espirito Santo is still searching for his first win. His side showed flashes of discipline and organisation but were ultimately second best against a superior Arsenal team.

Niclas Fullkrug went close from a corner, while Lucas Paquetá fired over the bar, but the visitors rarely threatened Guglielmo Vicario’s goal.

Think, click, share: Making media literacy fun for Filipinos

Media and Information Literacy (MIL) is vital to nation-building. It empowers Filipinos to make informed decisions by fostering critical thinking, strengthening media awareness and encouraging responsible digital use.

This call was echoed last Oct. 1 when United Nations Educational, Scientific and Cultural Organization (UNESCO) and MediaQuest’s THINKaMuna campaign representatives came together for a small but meaningful gathering. The event underscored their shared commitment, with discussions centering on projects to push MIL forward in the Philippines.

‘Most young people today turn to social media as their first source of news,’ said UNESCO Jakarta director Maki Katsuno-Hayashikawa. ‘With AI making it harder to tell what’s fake from what’s true, it’s even more important for all generations to think critically and share information responsibly.’

They are making this happen in several ways.

Explainer videos

The UNESCO-THINKaMuna partnership has rolled out three of six digital episodes so far: Cognitive Biases in July, Critical Thinking in August and Tech Addiction in September. Each is short, visually appealing and easy to understand, perfect for audiences with short attention spans.

‘Most MIL materials are very academic because they were made for schools,’ shared MediaQuest corporate communications consultant Ramon Isberto.

‘We want ours to be different – playful and something people can casually talk about in their neighborhoods.’

This approach has brought the digital episodes closer to audiences, helping them reach nearly five million views.

‘In the Philippines, MediaQuest is our first media partner piloting media literacy in different ways and integrating it,’ added UNESCO Jakarta program specialist Ana Lomtadze. ‘Our mission is really about reaching out in new, innovative ways and showing audiences how and why they should discern information and check their sources.’

Taking MIL to classrooms

While UNESCO provides guidance, Katsuno-Hayashikawa noted that implementation depends on local, on-the-ground initiatives.

THINKaMuna recognizes this, which is why they are distributing 1,000 MIL journals to schools across the country.

‘A substantial percentage of grade school and high school students are not functional readers – they can read, but don’t fully understand what they’re reading,’ explained Isberto.

To address this, the journals are filled with visuals to ensure the message comes across. Workshops for senior journalists and the MILCON 2025 are also in the works to complete the offline component of the collaboration.

‘Society exists because we communicate and learn from each other,’ Isberto concluded. ‘Today, media and information literacy is our way of continuing that conversation.’

Escudero says ethics complaint against him ‘political retribution’

Sen. Francis Escudero yesterday slammed as ‘political retribution’ the ethics complaint filed against him at the Senate over his P30-million campaign donation from flood control contractor Lawrence Lubiano of Centerways Construction and Development.

Escudero was referring to a complaint filed against him by lawyer Eldridge Marvin Aceron for accepting campaign funds from Lubiano for his Senate comeback bid in the 2022 elections.

The former Senate president pointed out the timing of the complaint days after he delivered a plenary speech naming his counterpart, former speaker Martin Romualdez’s role in the alleged kickbacks scheme from flood control projects.?Escudero himself is accused by former Department of Public Works and Highways undersecretary Roberto Bernardo of receiving P160 million in kickbacks, an allegation Escudero denied.

‘I am not surprised anymore. This is what I pay for naming Martin Romualdez, and for uncovering the truth. This is just part of the harassment from his minions,’ the senator posted on social media in Filipino.

‘This isn’t about ethics. This is political retribution. This complaint is still part of their script and a desperate smokescreen. I will expose it for the politically motivated sham that it is,’ he added, using the hashtags ‘#SelectiveJustice’ and ‘#LabananAngScriptNiMartin.’

According to Aceron’s ethics complaint, Lubiano’s Centerways – one of the top 15 flood control contractors flagged by President Marcos – bagged 112 contracts worth P16.67 billion in Escudero’s turf, Sorsogon, from 2021 to 2025.

Escudero served as Sorsogon governor from 2019 to 2022.

Aceron alleged Centerways secured only 12 contracts worth P720 million in 2021, but this ‘escalated dramatically’ to P15.9 billion worth of contracts from 2022 to 2025, or after the P30-million donation to Escudero.

‘The sheer number, aggregate value and geographic concentration of these projects, coinciding with the P30-million donation, underscore the appearance of impropriety and raise serious doubts about the independence of public procurement from political influence,’ the 21-page complaint read.

‘This stark before-and-after contrast strengthens the inference that the donation and the subsequent flow of contracts in the Senator’s bailiwick are linked in both timing and magnitude,’ it added.

Sen. JV Ejercito, who chairs the ethics committee, confirmed the verified complaint against Escudero, but said he has yet to convene the committee since his designation last week.

Ejercito said he will still ‘see if there is still a need’ to tackle the complaint, with the Independent Commission for Infrastructure already tackling Escudero’s alleged role in the controversy.

Paper Rex exits Valorant Champions Paris at 4th place

Pacific’s top seed and Masters Toronto champion Paper Rex has been eliminated in the Valorant Champions Tour’s culminating event – the Valorant Champions Paris – after suffering a 0-2 sweep from fellow Pacific be South Korea’ DRX in the lower bracket semifinals.

After an undefeated run in the group stages, Paper Rex absorbed its first loss of the tournament, against Europe’s FNATIC, which had enacted its revenge for falling to the Southeast Asian organization back in the grand finals of Masters Toronto.

Relegated to the lower brackets, Paper Rex managed to regroup and dispatch Europe’s Team Heretics to stay alive in the tournament, only to set up a Pacific El Clasico as it went up against fellow Pacific team DRX in the lower bracket semis.

In DRX’s map pick of Ascent, Paper Rex had a strong defensive side, finishing the half with a 9-3 lead, only for DRX to answer with a five-consecutive-round win to even out the series and eventually force an overtime. Though Paper Rex managed to take the opening round, it was DRX that would close out the map at 13-15.

The South Koreans continued to ride their winning momentum in Lotus, dismantling Paper Rex’s offensive side to sweep the Express, 13-8, and eliminate them from the tournament.

Though seeing the end of their 2025 season, the Express remained upbeat with what they were able to achieve after a rocky start in the beginning of the year.

‘If you win a trophy in any year, it’s a good year. We’ve attended the two big events, Toronto and Paris, and we did well in Champs, in my opinion. I think we would have lost to the two teams that are in the top three. So that means that if anything, I think we lost to better teams, and I’m very, very proud of their performance in general, especially their resilience at the start of the year. I think the fact that we still managed to stick together and go through our tough times, I think it’s a huge milestone for the team. As a group, I think I just want them to know I’m very proud of them. I thought that they improved all the way here. And particularly for PatMen, I think as a rookie to come into our team, it’s a hard thing to do, and I know there’s a lot of self-doubt, but I think you should look back and be proud of yourself because I think you played well throughout the year,’ said Paper Rex’ coach Alexandre “alecks” Sallé during the team’s post-match press conference.

Filipino player Patrick “PatMen” Mendoza, who joined Paper Rex last March took to social media to share his message to his Filipino fans after the tough defeat.

“Maraming salamat sa mga messages niyo kababayan kahit sobrang malas ko this game against DRX, sumusuporta pa rin kayo! Sana this offseason mabalik ko yung confidence ko tulad ng dati at mas makapag adjust ako nang mabilis sa meta and roles and mas mahandle ko nang maayos yung pressure. I realized na 3 years in tier 2 is not enough experience for me and playing in tier 1 is so much different but I learned a lot of things this year,’ Mendoza said on his Facebook page.

Echoing his coach, Mendoza said he is proud of the achievements he and his team has done for the year, vowing to do better in the next season.

“It’s been a good run this year still and hoping next year will be better for us and sana mas maraming Pinoy ang makapasok at masuportahan natin! It’s not the end of the world despite losing this and 4th place is not a failure. Thank you ulit sa mga suporta niyo! Next year, I will do my best to be a better player,’ he added.

Oil prices fall as OPEC plans to produce more

The world oil market is facing a shock as OPEC plans to increase oil production. Oil prices fell again on Thursday, marking the fourth straight day of decline.

Brent crude dropped to its lowest level since early June, as traders worried about too much oil in the market.

Sources say OPEC+ may agree to raise production by as much as 500,000 barrels per day in November three times more than the increase for October. Saudi Arabia is reportedly leading this move to regain its share of the market.

Jorge Montepeque, Managing Director of Onyx Capital Group, said some banks, including Macquarie, are warning of a possible ‘super glut’ meaning there could be far more oil than needed, which is lowering market confidence.

Meanwhile, the finance ministers of the G7 countries said on Wednesday they plan to increase pressure on Russia by targeting those who keep buying Russian oil.

The United States also plans to give Ukraine intelligence to help with long-range missile strikes on Russian energy sites. According to officials, this will help Ukraine attack refineries, pipelines, and other key facilities to cut Russia’s oil revenue.

UBS analyst Giovanni Staunovo said there are renewed concerns that Russian oil supplies could be disrupted. However, he added that unless actual disruptions occur, the effect on oil prices will likely be small.