PVL: Anyse Smith eyes ‘bigger impact’ in Choco Mucho stint

Anyse ‘Marlee’ Smith is ready to step up for fan favorite Choco Mucho in the PVL Reinforced Conference starting Tuesday at Ynares Center Montalban.

From having a dazzling stint with Thai club Nakhon Ratchasima in the AVC Champions League hosted by the Philippines last May, Smith looks forward to taking her talent with the Flying Titans.

‘I’m just here to do my job, show my support, be a good team player, and be a leader. I want to win,’ said the American opposite hitter.

‘You will see a very compassionate, very committed Marlee this time around. I feel like I did a big one, the first time, but I want to leave with an even bigger impact this time.’

Smith, who played for North Texas University, also relished the welcoming team of coach Dante Alinsunurin and their fan base. ‘The transition has been fairly easy because my teammates are very welcoming. I felt very supported since I got here. I actually really, really love my team,’ she said. ‘I love the supporters here. I feel like the fans definitely give us a run for our money. They’re there to support us. They’re there when we’re down, and they’re there when we need them. So I just want to say we appreciate all of you.’

Smith will be leading the Flying Titans, who last reached the PVL final in the 2024 All-Filipino Conference and reached the semifinal in the previous one.

Maddie Madayag and Kat Tolentino are returning to boost the Flying Titans, who will still miss Sisi Rondina due to her commitment to Alas Pilipinas.

Meanwhile, Akari, the runner-up of last year’s Reinforced, will field Annie Mitchem as its import.

The 31-year-old American outside hitter is bringing her experience from Jakarta Livin Mandiri in Indonesia, Italy, Turkey, and Brazil following her collegiate career at the University of Hawaii.

Capital1 parades Ukrainian Oleksandra Bytsenko, a 29-year-old outside spiker.

Elon Musk halfway to becoming world’s first trillionaire – report

Billionaire Elon Musk, the world’s richest person, is nearly halfway to becoming the planet’s first trillionaire, Forbes magazine reported Wednesday.

The Tesla and SpaceX CEO became the first person to achieve a net worth of $500 billion, briefly, as the shares in his electric vehicle company rebound from his clumsy stint in politics, amid other gains.

The 54-year-old’s net worth hit $500.1 billion Wednesday before dipping back to $499.1 billion, the publication’s ‘Real-Time Billionaires’ tracker reported. Ranked after him are Oracle CEO Larry Ellison with a net worth of $350.7 billion, followed by Meta CEO Mark Zuckerberg with a net worth of $245.8 billion on the Forbes list.

After graduating from the University of Pennsylvania and dropping out of Stanford University, Musk banked his first millions when he sold an online publishing software company to US computer maker Compaq for more than $300 million in 1999.

His next company eventually merged with PayPal, and after leaving that venture, the South African-born tech entrepreneur founded space rocket company SpaceX in 2002 and became the chair of electric carmaker Tesla in 2004.

LOOK: Kim Chiu, Paulo Avelino’s ‘The Alibi’ drops first teaser photos

Kim Chiu and Paulo Avelino are officially marking their comeback in a darker and more mysterious project as the first teaser photos for their upcoming romance-suspense series ‘The Alibi’ have been released.

Prime Video Philippines released the teaser images Wednesday on Instagram, showing Chiu in a red sequined mask and top, dancing on stage with a pole while Avelino’s character watches her.

Directed by FM Reyes and Jojo Saguin with a script by Danica Mae Domingo, The Alibi is described as a story that ‘blurs the lines between love, betrayal, and survival,’ set against ‘power, privilege, and hidden sins.’

‘With shocking twists at every turn, the series dares to ask: how far would you go to protect the people you love-and what truth would you be willing to bury?’ its synopsis continued. The official release date of the series has yet to be announced. Zsa Zsa Padilla, John Arcilla, Sam Milby, Rafael Rosell, Sofia Andres, Robbie Jaworski, and Angelina Cruz are among the supporting cast.

The project continues the on-screen partnership of Chiu and Avelino, dubbed KimPau, which gained a loyal following in 2023 with their first collaboration in the thriller series ‘Linlang.’

Their pairing continued with the Philippine adaptation of the Korean drama ‘What’s Wrong With Secretary Kim’ in 2024. They also starred in the 2025 film ‘My Love Will Make You Disappear,’ which earned ?173 million worldwide.

Buyer-friendly prices lift Philippine shares

Affordable stock prices – not necessarily any positive catalyst – enticed investors to buy shares on Thursday, setting the stage for the local bourse’s uphill climb.

By the end of the session, the benchmark Philippine Stock Exchange Index (PSEi) added 0.23 percent or 13.73 points to close at 6,039.76.

Likewise, the broader All Shares Index gained 0.13 percent or 4.67 points to end at 3,659.29.

A total of 1.52 billion shares worth P5.56 billion changed hands, stock exchange data showed.

Luis Limlingan, head of sales at Regina Capital Development Corp., said the index’s slight gain was due to investors taking advantage of cheap stocks. This, especially after the bourse fell to a six-month low on Tuesday.

According to Limlingan, the PSEi remained relatively flat throughout the trading day, ‘as the lack of catalysts continues to weigh on market momentum.’ Active stocks

Only property firms ended in the red territory as Ayala Land Inc. lost 1.64 percent to P24 each. SM Prime Holdings Inc. declined by 2.18 percent to P22.40 per share.

International Container Terminal Services Inc. was the most actively traded stock, closing flat at P486. Others were BDO Unibank Inc., down 0.22 percent to P138; SM Investments Corp., up 2.03 percent to P755; Ayala Corp., up 0.91 percent to P486; and Jollibee Foods Corp., up 0.19 percent to P215 each. There were 95 losers against 89 gainers, while 65 companies were unchanged at closing, stock exchange data also showed. INQ

Dow, SandP 500 end at records despite US government shutdown

Wall Street stocks rose again Wednesday, shrugging off the partial US government shutdown as major indices finished at records amid hopes for more Federal Reserve interest rate cuts.

Both the Dow and SandP 500 closed at fresh records as investors focused on poor US employment data, which boosted expectations that the Fed could cut interest rates later this month.

US government operations began grinding to a halt at 12:01 am (0401 GMT) Wednesday after Republicans and Democrats failed to break a budget impasse in Congress. The closure will see non-essential operations halted, leaving hundreds of thousands of civil servants temporarily unpaid, and many social safety net benefit payments potentially disrupted.

But analysts note that shutdowns have not significantly weighed on markets due in part to the view that the negative impacts from closures can be reversed once the government reopens.

‘History reminds us that government shutdowns have typically been more headline-making than bottom-line impacting,’ said CFRA Research’s Sam Stovall.

Job cuts

Investors took note of a report from payroll firm ADP that showed the US private sector had shed 32,000 jobs last month. ‘The market’s getting a little bit excited that this is something where the Fed can continue cutting interest rates,’ said Tim Urbanowicz, chief investment strategist at Innovator Capital Management.

‘There’s this kind of middle ground where the data is not showing a lot of strength, but it’s not weak enough where people start getting concerned about recession.’

Analysts said the weaker job market cements expectations that the Fed will cut interest rates twice more this year, after lowering borrowing costs last month for the first time since December.

But investors are concerned the US government shutdown could prevent the release Friday of the key non-farm payrolls report – a crucial data point for the Fed on rate decisions.

Pharma play

European markets were lifted by pharmaceutical shares after Pfizer was granted reprieve from Trump’s tariffs by agreeing to lower drug prices in the United States. Shares in British pharma giant AstraZeneca rose more than eight percent and GSK was up over six percent in London.

Several US pharma names also rose, including Merck and Bristol-Myers Squibb, while Lithium Americas Corp. surged 23.3 percent after announcing it would grant the US government an equity stake as part of the restructuring of a loan from the Department of Energy.

In Asia, Tokyo’s stock market sank, while Hong Kong and Shanghai were closed for holidays.

Key figures at around 2030 GMT

New York – Dow: UP 0.1 percent at 46,441.10 (close)

New York – SandP 500: UP 0.3 percent at 6,711.20 (close)

New York – Nasdaq Composite: UP 0.4 percent at 22,755.16 (close)

London – FTSE 100: UP 1.0 percent at 9,446.43 (close)

Paris – CAC 40: UP 0.9 percent at 7,966.95 (close)

Frankfurt – DAX: UP 1.0 percent at 24,113.62 (close)

Tokyo – Nikkei 225: DOWN 0.9 percent at 44,550.85 (close)

Hong Kong – Hang Seng Index: Closed for a holiday

Shanghai – Composite: Closed for a holiday

Euro/dollar: DOWN at $1.1728 from $1.1734 on Tuesday

Pound/dollar: UP at $1.3476 from $1.3446

Dollar/yen: DOWN at 147.14 yen from 147.90 yen

Euro/pound: DOWN at 87.04 pence from 87.27 pence

West Texas Intermediate: DOWN 0.9 percent at $61.78 per barrel

PVL: Mars Alba leads Akari’s new era under coach Tina Salak

The Akari Chargers, now under head coach Tina Salak, are eager to build on their breakthrough run last year-with Mars Alba taking over as the new setter to lead their offense.

Akari reached its first-ever PVL finals last season, stringing together 10 straight wins before falling to Creamline in the championship match. With Japanese coach Taka Minowa stepping down in the offseason, Salak steps in to guide a team hungry for more.

‘What motivates me is the fact that the team made it to the finals last year,’ Salak told reporters in Filipino. ‘That’s why we’re working really hard to get back to that stage. We’re also very excited to have Annie [Mitchem] on board. She’s a huge help to the team, and her maturity really stands out. It’s inspiring for the younger players.’ Mitchem, a 31-year-old American outside hitter, will lead the Chargers alongside Alas Pilipinas standouts Fifi Sharma and Justine Jazareno, and mainstays Grethcel Soltones, Ced Domingo, Ivy Lacsina, and Eli Soyud.

Salak also expressed excitement over Alba’s arrival.

‘Mars has made a big impact on the team-not just with her skills, but also by lightening the mood,’ said the former national team setter. ‘She’s a big plus. Her leadership stands out, and she’s been sharing a lot that we can learn from and possibly blend into our system.’

Alba’s role is even more crucial with Kamille Cal still injured and Bea Bonafe still adjusting.

While Salak admits her team is still getting used to her system, she’s optimistic about their progress.

‘There are still moments of confusion, which is expected since the players come from different systems. But it’s manageable because we all have the same goal: to win,’ Salak said. ‘We’re working together as a team, and management has been helping a lot in improving each player’s performance.’

GSIS opens emergency loan program to Cebu members hit by quake

The Government Service Insurance System (GSIS) said it would provide emergency loans to members and pensioners in Cebu, after a magnitude 6.9 earthquake struck the province this week, damaging buildings and disrupting daily life.

The GSIS Emergency Loan Program will be opened to qualified members and pensioners residing or working in Cebu, the pension fund said. Eligible members and pensioners may borrow up to P40,000 if they have an existing emergency loan, or up to P20,000 if they have no outstanding balance.

The loan is payable in 36 months at an interest rate of 6 percent per annum, with the first monthly amortization due after three months.

Loan proceeds will be credited electronically through the borrowers’ ATM cards, ensuring fast and safe release of funds.

Members may apply via the GSIS Touch mobile app, GSIS Wireless Automated Processing System kiosks, or through the GSIS e-service portals.

Alex Eala faces Viktorija Golubic in Suzhou Open WTA 125 quarters

Alex Eala battles veteran Viktorija Golubic of Switzerland in the quarterfinals of the Suzhou Open WTA 125 on Friday.

This will be their first career meeting. The 32-year-old Golubic is currently at No. 70 in the WTA rankings and reached a career singles best of No. 35 in 2022. She also holds two WTA Tour titles.

Her best result in the Grand Slams was a quarterfinal stint in the 2021 Wimbledon.

Eala, meanwhile, is ranked No. 58, boosted by a busy year that included a historic run at the Miami Open, a finals appearance at the Lexus Eastbourne Open, and long-awaited main-draw debuts in the Grand Slams. She won her first WTA 125 title in the Guadalajara 125 Open last month.

Seeded sixth in Suzhou, Golubic reached the quarterfinals after two straight set victories over fellow Swiss Rebeka Masarova and Czechia’s Linda Fruhvirtova.

In contrast, Eala, seeded fourth, has had to grind out back-to-back three-set wins-rallying past Katarzyna Kawa of Poland and surviving a three-hour battle with Belgium’s Greet Minnen.

The Filipino tennis ace is aiming for a second consecutive semifinal in China after her run in the Jingshan Tennis Open last week, where she fell to eventual champion Lulu Sun.

IMI consolidates manufacturing operations in China

Integrated Micro-Electronics Inc. (IMI), the listed semiconductors and electronics manufacturing arm of Ayala Group, has consolidated its China operations and shuttered its Kuichong facility to further cut losses and return to profitability.

In a regulatory filing on Wednesday, IMI said it would integrate operations into its Pingshan facility over the coming weeks after production activities ended in Kuichong on Sept. 30.

‘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.

Streamlining

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

This is part of IMI’s restructuring efforts as it seeks to plug financial bleeding.

Prior to the COVID-19 pandemic, IMI had four production sites in China.

In June, IMI also divested its Czech Republic business in a P635-million deal with Keboda Deutschland GmbH and Co. KG, a subsidiary of China-listed Keboda Technology Co. Ltd. Turnaround

In the first semester, IMI reported a net income of $7.6 million, a turnaround from its net loss of $8.8 million in the same period last year as a result of its ‘operational efficiency initiatives’ and cost control.

Market softness, however, resulted in a 12.13-percent dip in gross revenues to $497.16 million. Still, IMI CEO Louis Hughes said they were ‘collaborating closely’ with customers to drive profitability and optimize costs.

IMI chair Alberto de Larrazabal earlier said the Ayala Group was keen on keeping IMI despite its losses, saying they would likely end with a net profit this year.

He also noted they were more optimistic about IMI’s core businesses, as subsidiary VIA Optronics was still navigating a challenging business environment.

The DDS phenomenon abroad

Oct 3, 2025

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The DDS phenomenon abroad

By: Joel Ruiz Butuyan – @inquirerdotnetPhilippine Daily Inquirer / 05:06 AM October 02, 2025

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I was in The Hague, Netherlands, last week to attend an annual training seminar for lawyers accredited to practice before the International Criminal Court (ICC). It was the week when the confirmation of charges hearing would have taken place, except that it had been postponed because the court wanted to first decide the issue of whether former President Rodrigo Duterte is fit to stand trial, as requested by his lawyers.

It turns out that many Filipino expatriates had made plans to be in The Hague during the same week. They apparently came to participate in mobilization events either in support of or in protest against the former president. And since they had already secured approved work leaves and booked transportation and hotel accommodations, they proceeded with their trips, despite the hearing postponement.

I and a small group of fellow Filipino lawyers encountered these kababayans in different parts of the city, and virtually all of them are Duterte Diehard Supporters (DDS). They visited and had their pictures taken around the ICC building, congregated in a Filipino restaurant that had a life-size standee of Duterte, and gathered in a park with a photo exhibition of the ex-president and quotes attributed to him. Some of these kababayans asked us for directions on how to reach ‘Duterte street,’ a group chanted ‘Du-ter-te!’ when they crossed our path, and a family wanted to have their pictures taken with us, apparently assuming that we are DDS ourselves.

I have not seen any relevant statistics, but from the optics of news coverage, one gets the impression that many Filipinos working or living abroad are DDS. This begs the question of why Filipinos who are reaping the dividends of life in democratic societies support a leader who was proudly antidemocratic and repressive when he occupied Malacañan Palace? Why do Filipinos who live in First World countries that respect human rights, women’s rights, and LGBTQ rights, support a ruler who committed horrific human rights violations, disrespected women, and denigrated the third sex? Why do Filipinos who now thrive in countries governed by politicians who observe etiquette, converse in diplomatic language, and conduct themselves in a well-mannered demeanor, identify with a leader who was proudly crude and rude?

Why would Filipinos abroad, famous for perfectly assimilating and totally embracing the rules, ethics, morals, and model behavior in well-developed countries, and thriving with success in the process, worship a leader who proudly displays immorality, unethical conduct, and ruthless behavior?

It could be that DDS expats are a minority bloc among Filipinos abroad, but they are more passionate, vocal, and public in their support for the leader of their choice, so they give the impression that they are the bigger bloc of Filipinos living abroad. It could also be that DDS Filipino expats are trapped in online bubble blocs that teem with disinformation supportive of the Dutertes, so their minds are regularly fed with and have been conditioned to believe in anything that’s pro-Duterte and dismiss everything that’s anti-Duterte.

It may also be true, as shared by one Filipino expat, that Filipinos abroad have experienced the personal demonstration of care and concern by Duterte, which they had never felt from any other past or present president. The multiple trips of Vice President Sara Duterte to attend Filipino gatherings abroad lend credence to this rationalization.

It could also be true that Filipino expats, no different from many of their countrymen living in the Philippines, have become impatient for change and are willing to cast their lot with a leader completely different from the old mold of politicians who have been making promises for so long but only manage to bring unending disappointment to the masses. Corollary to this, it could be that Filipino expats are in a rush to attain the benefits of first world status for their families back home, and they see an authoritarian ruler like Duterte as the only leader who can finally bring about real change for the country.

It could further be that Filipino expats blame current politicians for driving them away from the Philippines; hence, they yearn for a dark horse like Duterte. This could be the spurned lover syndrome-a lover who has suffered years of betrayal and disillusionment and is no longer willing to succumb to the same old promises of a cold and inattentive paramour. Instead, she has found a new suitor who showers her with emotion-filled attention despite defying logic and reason.

There’s an abundance of reasons why so many of our countrymen living abroad are DDS, despite the grave sins attributed to the former president. It could be one of these reasons. It could be all of these reasons.