Pure Water, Quad to acquire 28% of Coal Asia for P100M

Pure Water Corp., backed by businessman Dexter Tiu, and Quadwater Corp., have moved to take control of the remaining public shares of Coal Asia Holdings for nearly P100 million.

The tender offer includes the purchase of 11.33 billion shares of listed Coal Asia, translating to 28.32 percent of the latter’s outstanding stock.

The shares are priced at P0.0088 apiece, reflecting a 14.2-percent premium to the price agreed in the prior deal.

This forms part of an earlier transaction, where Pure Energy Holdings Corp. (PEHC), Pure Water Corp. (Pure), and Quadwater intended to buy 28.67 billion common shares of Coal Asia.

Once completed, PEHC hopes to get 12.48 percent with the acquisition of 4.99 billion shares. Both Pure and Quadwater, meanwhile, will secure 29.60 percent each through 23.68 billion shares in Coal Asia.

They expect to close the deal before the year ends.

Price cuts for diesel, kerosene set on Oct. 21

Starting Oct. 21, the price of diesel will decrease by 70 centavos per liter, the first drop in prices in nine weeks, according to advisories released by oil firms Seaoil, PetroGazz and Cleanfuel on Monday. The price of kerosene will also go down by 60 centavos a liter, while gasoline, on the other hand, will see a price increase of 10 centavos per liter. Jetti Petroleum president Leo Bellas pointed last week to a decline in global oil prices amid concerns about the persistent US-China trade conflict, as well as a potential supply glut next year. -LISBET K. ESMAEL

’Dreamboi’ vs. the double standard of desire

When filmmaker Rodina Singh announced that her film ‘Dreamboi’ received an X-rating from the Movie and Television Review and Classification Board (MTRCB), she didn’t post a rant; instead, she wrote a love letter to cinema, to her community, and to the messy truth of following the double standard of the Filipino film industry.

‘Dreamboi is not pornography; it is a story about being seen,’ she said in her statement. ‘We believe that visibility is not obscenity, that desire is not a sin, and that stories like ours belong in the cinema.’

‘Dreamboi’ is a CineSilip entry under the Vivamax Film Festival, the same platform known for its erotic and adult-oriented titles. This is the same stage that regularly releases films filled with heterosexual intercourse and fantasy, most of which pass with R-16 or R-18 ratings. But when a trans woman’s sexual imagination takes center stage, the system suddenly decides it’s ‘inappropriate for public viewing.’

So while the board praised ‘Dreamboi’ as a ‘mature, artistically driven exploration of sexuality, identity, and desire,’ they still silenced the film.

The dream to be seen

Written and directed by Singh, ‘Dreamboi’ tells the story of Diwa, a trans woman who becomes entranced by the voice of an underground audio porn star. Torn between fantasy and reality, she drifts through the neon haze of Quezon City on a journey of desire, pain, and self-discovery.

It’s not the kind of film made for comfort. It’s meant to make you ask yourself what it means to long for something and what happens when the world tells you that you longing for something out of the norm should not exist.

‘Desire, especially for trans women, is often messy, fractured, and shameful,’ Singh wrote. ‘But it is also ours.’

That single line captures what makes ‘Dreamboi’ more than a film. It’s a sense of belonging. But dreaming of a sense of belonging is not enough to break MTRCB’s ruling.

Because when you look at the way the MTRCB has treated films that show queer sexuality versus those that center cishet male desire, the double standard becomes obvious.

A usual straight intercourse is considered romantic, but for a trans woman, it is ‘obscene.’

Visibility is not obscenity

Following the MTRCB’s ruling, student filmmakers and directors flooded social media in support of ‘Dreamboi.’ The UP Cinema released a strong statement condemning the censorship.

‘Tinatatakan ng X-Rating ang mga queer na katawan bilang malaswa-mga katawan na hindi dapat makita ng publiko. Sa pagdidikta kung aling mga anyo ng pagnanasa ang ‘katanggap-tanggap,’ ipinapakita lamang ng MTRCB na hanggang ngayon, binubura pa rin ng mga institusyon ang mga karanasang hindi nila kayang unawain.’

Director Antoinette Jadaone also shared her support on social media, describing ‘Dreamboi’ as a film that’s ‘moving, messy, and beautiful,’ adding that while the MTRCB called the film explicit, it was actually a thought on ‘longing, intimacy, and what it means to be seen.’

A change of heart

But after two heartbreaking rejections from the board, Singh’s ‘Dreamboi’ is finally making it to the big screen after MTRCB’s change of heart.

On Tuesday, the board gave ‘Dreamboi’ an R-18 rating, allowing it to screen publicly, just in time for the CineSilip Festival on Oct. 22. This decision marks the end of the film’s uphill battle for visibility and a beginning for trans filmmakers and queer storytelling in local cinema

Living the dream

In the glow of ‘Dreamboi’s’ world, cinema becomes more than just a screen; it’s a sanctuary. A space where trans women, so often erased or misrepresented, finally get to breathe, to want, to exist without apology.

It’s more than a request for a rating change. It’s a demand for equality in storytelling and the right to exist in full color, not as an afterthought or an exception.

PVL: Farm Fresh coach in awe of ‘one of a kind’ Bella Belen

Farm Fresh coach Alessandro Lodi had to use a timeout in the second set just to put a stop to Capital1 star rookie Bella Belen’s offensive onslaught.

During the huddle, Lodi gave his players an earful after allowing Belen to single-handedly outplay them.

‘This is what we get because Belen is killing you. Do we agree on that? She’s killing you, right? So we either go back into competitors’ mode or we’re gonna go home! Rightfully so. Make no mistake about it, she’s kicking your ass. So be a team that competes,’ Lodi said during the timeout.

Lodi’s fiery remarks served as the wake-up call his team needed as the Foxies regrouped and overcame Belen and Capital1, 25-22, 22-25, 25-21, 25-22, to stay perfect in the PVL Reinforced Conference on Tuesday.

Eli Rousseaux’s 36-point explosion and Alohi Robins-Hardy’s stellar playmaking led Farm Fresh, which extended its best start to 3-0.

Despite the win, the Italian mentor couldn’t help but marvel at Belen, who had 20 points and 19 digs against them.

‘I don’t know what I can add about Belen that has not been said yet. But from my perspective, and maybe I have a little more insight or I understand the game a little better than many, she is kind of one of a kind,’ said Lodi.

‘She doesn’t look overwhelming. It seems she’s doing nothing because she’s not over the block. She’s not extremely physical, but she damn knows what she’s doing with the ball. She has ball control that is exceptional, she has a thousand shots, and she frustrates people because when you have somebody hitting over the block, there is little to be frustrated about.’

‘If she’s 6’4 and she hits over me and there’s nothing I can do about it, but with Belen you have the feeling, I can do that too because she’s not really superior to me in terms of physical skills,’ he added.

Lodi added that even after Belen was a cut above everyone else in the UAAP, she was able to translate her game to the pro ranks.

‘She’s really, really good and I hope she stays humble and she keeps working because she for sure has the tools to be really good for many, many years,’ he said.

DepEd admits slow pace of classroom construction in 2025; blames DPWH

The Department of Education (DepEd) on Tuesday admitted the slow pace of classroom construction in 2025, blaming the Department of Public Works and Highways (DPWH) as the reason for the delays.

According to the DepEd in a statement, only 22 classrooms have so far been completed under the 2025 Basic Education Facilities Fund (BEFF).

‘DPWH’s heavy workload, late validation and costing submission, and leadership changes have caused delays,’ DepEd said.

DepEd then assured the public that the current delays are ‘temporary’ and that they remain ‘focused on catching up.’

The Department also said that it will push for flexibility in the 2026 budget so that projects may be implemented not only by DPWH but also by DepEd, local government units, partners such as the Armed Forces of the Philippines Engineering Brigades, and through Public-Private Partnerships.

This way, classroom construction will be faster as it would no longer be implemented solely by the DPWH.

‘We will also launch an online classroom dashboard for public tracking of classroom needs and construction progress and host a Classroom Summit on November 20 to strengthen collaboration and transparency,’ DepEd said.

DepEd said that from July 2022 to August 2025, 19,250 classrooms have been completed nationwide-reducing the backlog from about 165,443 to 146,193. /jpv

Broadcaster dies hours after ambush in Albay

A radio broadcaster who was ambushed in Albay on Monday morning died hours after surgery.

Noel Bellen Samar, 54, of Kadunong ITV and DWIZ, was declared dead around 2 p.m. Tuesday at the Bicol Regional Hospital and Medical Center in Legazpi City, according to the Philippine National Police (PNP).

Samar was shot four times with a .45-caliber pistol by unidentified assailants while driving along the national highway in Morera village in Guinobatan town, past 9 a.m. Monday.

Doctors were able to perform a successful operation to treat his wounds, but Samar later succumbed to his injuries.

The motive for the attack remains unclear, but police are investigating the possibility that it was related to his work as a broadcaster.

In an interview, Albay police director Col. Noel Nuñez said that based on CCTV footage obtained through backtracking, two suspects riding separate motorcycles appeared to have tailed and sandwiched the victim prior to the ambush.

Nuñez said police have a person of interest and vowed to continue pursuing the case until justice is served.

He urged the suspects to surrender, saying, ‘We will do our best, 100 percent, to resolve the case and give justice to the victim. You will be found, held accountable, and justice will prevail.’

Meanwhile, Albay 3rd District Rep. Adrian Salceda condemned the shooting of Samar and offered a total of P50,000 in financial assistance and reward money related to the case.

Salceda said he is offering P25,000 to anyone who can provide credible information that will help identify and arrest the gunman.

‘I vehemently condemn this act of violence. Such attacks have no place in a civilized society, and certainly not in the political life of Albay. Any attack on the media is an attack on our freedoms,’ he said

Bishop Warlito Cajandig, Calapan bishop-emeritus, dies at 81

The Apostolic Vicariate of Calapan (AVC) announced Tuesday morning the death of Bishop Warlito Cajandig, bishop-emeritus of the Apostolic Vicariate of Calapan, who led the local church for 33 years.

‘After a debilitating stroke that resulted in a coma on Sept. 1, 2018, he bravely endured a prolonged illness. He passed away peacefully at 7:18 a.m. on Oct. 21 in Iloilo City, at the age of 81 (1944-2025),’ the AVC said.

It added, ‘Funeral arrangements will be announced in the coming days.’

Ordained a priest in 1970, Cajanding was among the pioneering clergy of the Diocese of Romblon when it was erected in 1974, according to the Catholic Bishops’ Conference of the Philippines.

Cajanding was appointed the fifth bishop of Calapan in 1989 by Pope John Paul II and has served the apostolic vicariate for nearly three decades

Is our economy hollowing out?

Thanks to a few corrupt politicians, government executives, and contractors who have been sucking up much of the wealth in our country, our economy appears to be hollowing out.

Few have probably noticed, but our statistics tell us that as of August, we lost more than half a million (537,000) small businesses this year so far (i.e., compared to last December). Compared to the same month of August last year, we lost 388,000. The December numbers may have been seasonally pushed up by businesses that sprout to take advantage of higher Christmas demand. Either way, these numbers are large, and it should alarm us that we are losing small businesses by the hundreds of thousands in such a short span of time. Even compared with prepandemic January 2020, we still have 219,000 fewer small businesses now. In short, small businesses have been on a decline, rather than growing in number, even as the overall economy has been growing.

The numbers I’m looking at come from the monthly Labor Force Survey of the Philippine Statistics Authority, which tracks various worker categories, and one of them is ’employer in own family farm or business,’ formerly ‘self-employed with employees.’ One could confidently consider this a fair count of our micro, small, and medium enterprises (MSMEs). While that worker category could also refer to the billionaires (legitimate or otherwise) among us, like the Villars, Aboitizes, or Discayas, large businesses make up only half of 1 percent of all enterprises in the country. For all intents and purposes, then, that number gives a good count of the MSMEs in our economy and is probably more reliable than aggregating local government business registry lists, which include businesses that may not necessarily be in actual operation.

There are even more disturbing trends in the labor force data. I’ve already written before about how the largest segment of our unemployed (half or 49.8 percent as of August) are college-educated workers; those who graduated make up 39 percent. These numbers were only 37 and 27 percent, respectively, before the pandemic, when it was high school-educated workers who dominated our jobless (at 44 percent). Meanwhile, we are consistently losing jobs in managerial positions. Since January 2020, there have been 2.5 million fewer managers. Since last December, there have been 610,000 fewer, and these trends are consistent with our losing small businesses by the hundreds of thousands. What we instead gained in the last five years were service and sales jobs (3.3 million), elementary occupations or work requiring little or no skills (2.7 million), and clerical support workers (1.4 million). In the past year alone, elementary occupations rose by 1.1 million-think of delivery riders, tricycle or habal-habal drivers, and other informal sector work. This is consistent with data showing transport services to be among the top growing service subsectors in the economy lately.

What do all these say about the state of the Philippine economy? The topline numbers look deceptively good: the inflation rate has slowed (although it’s ticking up again), the overall unemployment rate is at historical record lows, and GDP (income) growth remains reasonably good despite downside pressures. My usual PiTiK yardsticks (presyo, trabaho, kita) seem to tell us all is well. But a look beneath the surface tells a very different story. Inflation, while slower, is driven mostly by rising food prices, and this penalizes the poorer ones among us most. I’ve already painted the jobs picture above, and it’s not pretty. As for output and incomes, they have been driven mostly by consumption spending, including the conspicuous kind (think Ferraris and Rolls-Royces with free umbrellas).

At the same time, government consumption spending has been propping the economy up with a double-digit 13.1 percent annual growth so far this year. Meanwhile, spending on fixed capital formation, better known as real investment, has been growing more and more slowly since its 9.9 percent post-pandemic rebound in 2021. The GDP data tell us that in the years since then, it has progressively slowed to 9.7, 8.2, 6.2, and lately 4.3 percent annual growth. Note that it is investment spending, whether by foreigners, Filipinos or the government (through real, not ghost, infrastructure development), that builds the capacity of the economy to grow more. Stifle it, as appears to be happening, and the economy moves toward stagnation. Meanwhile, I am reviving the three adjectives I used many years ago to describe the Philippine economy: narrow, shallow, and hollow. The numbers are unmistakable. We have today an economy that benefits an increasingly narrow few.

I wish I could end on a more positive note, but yes, there is hope. But we all need to act to claim the better future we deserve.

P3-M shabu seized, 5 nabbed in Taguig, Pasay drug stings

Police confiscated a total of P3 million worth of suspected shabu (crystal meth) and arrested five individuals in separate anti-drug operations in Taguig and Pasay cities, the Southern Police District (SPD) reported.

In Taguig, authorities seized about P1 million worth of suspected shabu and arrested a woman in a buy-bust operation early Tuesday morning, according to an SPD statement.

Police identified the suspect as ‘Angel,’ a 22-year-old unemployed resident of Barangay Calzada-Tipas, who was caught along Ruhale Street.

‘Confiscated from the suspect were approximately 147.8 grams of suspected shabu valued at P1,005,040, along with buy-bust money and other drug paraphernalia,’ the SPD said.

Angel is now under the custody of the Taguig City Police Station pending the filing of charges for violating Republic Act No. 9165, or the Dangerous Drugs Act.

P2-M shabu seized in Pasay

In Pasay City, suspected shabu valued at P2.04 million was confiscated and four individuals were arrested in a buy-bust operation, the SPD also said on Tuesday.

A separate SPD statement said police caught ‘John Michael,’ 20; ‘Arvie,’ 33; ‘Al,’ 46; and ‘Alex,’ 58 along Tramo, Riverside in Barangay 156 on Monday afternoon.

‘The operation resulted in the seizure of approximately 300 grams of suspected shabu,’ the police added.

The SPD said John Michael and Al were caught allegedly in possession of 100 grams of shabu, while Arvie and Alex were caught allegedly in possession of 50 grams.

The four suspects were taken into the custody of the SPD District Drug Enforcement Unit, awaiting charges for violation of Republic Act No. 9165 or the Dangerous Drugs Act.

‘The seized drug evidence was subsequently turned over to the Southern Police District Forensic Unit for chemical analysis,’ the SPD added. /mcm

Reform the GSIS, No excuses

When the Palace moves to cleanse a government board, the signal is unambiguous: institutional trust has frayed to the point of crisis.

Recent reports that Malacañang has asked four GSIS trustees-Ma. Merceditas Gutierrez, Emmanuel de Leon Samson, Rita Riddle, and Evelina Escudero-to vacate their seats should be read not as petty politicking, but as an emergency response to a problem that could imperil the retirement security of millions of Filipino public servants.

The Government Service Insurance System is not a patronage playground. It is the vault that holds the life savings and pensions of teachers, nurses, clerks, and other public servants who spent decades serving the Republic. Anything that hints at political entanglement, self-interest, or obstruction within its board must be confronted swiftly and unequivocally.

The allegations surrounding these trustees are too serious to be shrugged off as ordinary policy disagreement. Taken together, these elements suggest something more than divergent views on strategy. They suggest a bloc of board members whose allegiances and tactics potentially undermine the reform agenda of President Ferdinand ‘Bongbong’ Marcos Jr. and GSIS President Wick Veloso. That this bloc appears to include Duterte-era holdovers who reportedly urged the GSIS president to resign, only deepens the concern that institutional priorities are being subordinated to factional objectives.

Even more troubling is the echo chamber between internal board dissent and toxic narratives circulating on social media. When online personalities amplify sensational claims about GSIS finances that dovetail with internal board talking points, the possibility of a coordinated effort to delegitimize management cannot be dismissed. The stakes here are existential: coordinated disinformation and obstructionism-masked as oversight-can sap investor confidence, delay critical investments, and, ultimately, shrink the returns that fund pensions.

Let us be clear: oversight is indispensable. Boards must be robustly engaged; trustees must ask hard questions and demand accountability. But there is a stark difference between stewardship and sabotage. Oversight that morphs into obstructionism, especially when fueled by past political loyalties and external agitprop, is a betrayal of the public trust.

The Marcos administration’s decision to send replacement letters and reorganize the GSIS board is not power-grab theatrics. It is a necessary corrective measure aimed at stabilizing an institution that cannot afford dysfunction. The GSIS must be insulated from partisan gamesmanship and personal agendas precisely because the consequences of failure are so grave.

If those who occupy positions of trust cannot distinguish between protecting public funds and advancing private or partisan agendas, they must be replaced. The question is not one of loyalty to administrations; it is loyalty to the Filipino worker whose retirement depends on sound governance.

This is about more than personalities and political revenge. It is a test of the Marcos administration’s commitment to reform and the Republic’s capacity to defend public institutions from corrosive influences. The GSIS must be restored to an unimpeachable standard of professionalism and transparency-or face the consequences of a betrayed public.

Every peso in the GSIS represents a lifetime of service. To allow that money to be threatened by factionalism, opacity, or obstruction is nothing short of an affront to the Filipino public servant. Reform must prevail. Anything less is unacceptable.

Enough Is Enough: people’s patience running out

Public outrage over the multi-billion-peso anomalies in flood control projects under the Department of Public Works and Highways (DPWH) has reached a boiling point. What began as news reports of missing and substandard anti-flood works has grown into a national crisis of confidence: taxpayers see infrastructure meant to protect lives and livelihoods apparently reduced to paper, inflated contracts and ghost projects. Filipinos do not just want explanations anymore – they want justice, swift and certain, and they want stolen money returned.

A small consolation has come in the form of Senate contempt detention. Four persons are currently being held for refusing to cooperate with its probes. – contractor Curlee Discaya -33 days, former DPWH Asst Regional Director Henry Alcantara -33 days, Accountant Jaypee Mendoza -33 days and former District engineer Brice Hernandez-43 days. Their Senate detention is temporary and limited in scope, but it is a rare instance where at least some custody has been enforced. Senate President Vicente Sotto III has said the Senate may keep them in its custody until the 20th Congress adjourns in 2028 or the next three years unless a court orders otherwise – a testimony to how other branches of government may try to exert pressure when the ordinary criminal process moves slowly. But still, the Senate’s contempt powers are not a substitute for final criminal conviction and asset recovery.

Let us all admit that justice, as the country now painfully understands, is not automatic. The newly created Independent Commission for Infrastructure (ICI) – tasked with building complaints and presenting evidence to the Ombudsman – has admitted bluntly that much work remains before the first arrests and imprisonments can occur. Its executive director, lawyer Brian Keith Hosaka, has explained the commission’s role: gather proof, construct cases, and hand them to the Ombudsman so prosecutorial action can proceed to the courts. In short: the ICI can point, collect and press, but it cannot itself charge, try or jail. The ICI itself cannot issue arrest warrants, have no contempt power, and lack authority to perform forensic audits of contractor ledgers or to guarantee full access to DPWH and Commission on Audit records. Opposition lawmakers and commentators have bluntly described the ICI as a ‘paper tiger’ unless it is empowered by law.

Thirty-four major business organizations – from the Makati Business Club to the Philippine Chamber of Commerce and Industry – have urged the President to give the ICI ‘full legal authority and independence,’ warning that the scale of the alleged corruption threatens national security and economic confidence.

This gap between public demand and institutional capacity is the root of the nation’s fury. Even when non-bailable offenses such as plunder are identified and criminal complaints are filed, due process under our judicial system means accused respondents may remain free for long stretches while cases proceed. Legal protections can be stretched through delay tactics, procedural maneuvers and backlogs. The result is a painful disconnect-mounting evidence and public anger, but no immediate accountability.

President Ferdinand Marcos Jr., the Ombudsman, the Department of Justice, the Sandiganbayan and Congress must act with urgency and clarity. If the ICI lacks the legal teeth to secure arrests and audits, then the remedy is legislative: empower it, or give equivalent authority to an independent body that can secure evidence, freeze assets and fast-track prosecutions. If courts are overwhelmed, the judiciary must find practical ways to expedite cases that involve mass public theft and grave threats to public safety.

The nation’s tolerance is not infinite. Let this scandal be the inflection point. The test is not merely whether a handful of people are temporarily detained for contempt in the Senate; the real test is whether institutions can move with speed, transparency and rigor to prosecute, convict where warranted, recover assets and reform a system that allowed ghost projects to flourish.

The people have spoken – loudly and angrily. The question now is whether our institutions will finally match that anger with action. If not, the public’s thinning patience will harden into permanent distrust, and that cost will be immeasurable.