Treasury to table payslip tax cuts in September

The National Treasury will table legislation in September to reduce payroll taxes, bowing to growing public pressure over shrinking pay slips following a series of mandatory deductions, including the 1.5 percent Affordable Housing Levy and contributions to the Social Health Insurance Fund (SHIF).

Treasury Cabinet Secretary John Mbadi said the proposed reforms were left out of the Finance Bill, 2026, because public participation generated wider proposals than the government’s initial plan to raise the tax-free income threshold from Sh24,000 to Sh30,000.

Instead, the Treasury will consolidate the proposals into a separate Tax Amendments Bill expected to be introduced in September, less than a year before the August 2027 General Election.

“I know that the concerns have been on pay slips. Next month, I am embarking on public engagement on how to reduce the tax burden on pay slips,” Mr Mbadi said on Wednesday.

“We proposed one option, but we also received proposals including reducing PAYE by five percentage points across the board. By the end of August, we want to consolidate all the suggestions and, with the agreement of President Ruto, introduce legislation in September so that Kenyans get some relief on their pay slips.”

The announcement marks a significant policy shift after the Treasury had repeatedly resisted cutting Pay As You Earn (PAYE) taxes, arguing the move would reduce government revenue by about Sh35 billion annually.

Parliament has also piled pressure on the Treasury to overhaul the PAYE system.

During consideration of the Finance Bill, 2026, the National Assembly’s Finance and National Planning Committee recommended raising monthly personal tax relief from Sh2,400 to Sh3,000 while reviewing all income tax bands to ease the burden on salaried workers.

Committee chairperson Kuria Kimani said deductions for SHIF and the Affordable Housing Levy had significantly increased the tax burden on employees.

“The committee recommends that the National Treasury overhauls all the tax bands. The Treasury has the necessary data and analytical tools to undertake a comprehensive review,” he said.

The proposal received broad support during public participation from organisations including the Institute of Certified Public Accountants of Kenya (ICPAK), the Kenya Bankers Association (KBA), Deloitte, the Law Society of Kenya (LSK) and Grant Thornton.

The stakeholders proposed reducing the entry tax rate to 10 per cent on the first Sh30,000 of monthly income, 15 percent on the next Sh30,000 and capping the highest rate at 30 per cent for monthly earnings above Sh500,000.

Currently, Kenya’s PAYE structure has five tax bands, with the highest rate of 35 per cent applying to monthly incomes exceeding Sh800,000.

ICPAK argued that the existing tax bands are too narrow, exposing relatively low-income earners to higher tax rates sooner than intended.

“The current PAYE bands are narrow, meaning higher tax rates apply at relatively lower income levels. This places an unfair burden on lower-income earners,” the institute said.

The Treasury’s earlier reluctance to reduce PAYE stemmed from concerns over revenue losses at a time when government finances have come under pressure from global economic shocks.

NIBM launches Best Innovative Business Model Awards 2026 to recognise Sri Lanka’s most innovative organisations

The National Institute of Business Management (NIBM) officially launched the Best Innovative Business Model Awards (BIBMA) 2026 on 14 July, reaffirming its commitment to fostering business excellence, innovation, and sustainable economic growth in Sri Lanka.

As NIBM approaches six decades of excellence in education, research, consultancy, and industry engagement, the Institute continues to introduce initiatives that strengthen the country’s business ecosystem and promote globally competitive organisations.

BIBMA 2026 was introduced as a prestigious national platform dedicated to recognising organisations that have transformed the way they create, deliver, and capture value in today’s rapidly evolving business environment. The awards aim to establish a national benchmark for innovative business models while encouraging organisations to embrace innovation, sustainability, and long-term competitiveness.

The awards program is open to organisations across four sectors, Start-ups, Micro, Small and Medium Enterprises (MSMEs), Corporates, and Public Enterprises, with 30 awards to be presented across these sectors. Applications officially opened at the launch event, with submissions closing on 15 September. Shortlisted organisations will be notified by 15 November, before progressing to the final evaluation stage and the prestigious Awards Gala later this year.

BIBMA 2026 adopts a robust evaluation framework based on the internationally recognised Business Model Canvas developed by Osterwalder and Pigneur, integrated with the UN Sustainable Development Goals (SDGs). Organisations will be assessed across nine key dimensions: Key Partnerships, Key Activities, Key Resources, Value Propositions, Customer Segments and Customer Relationships, Channels, Revenue Streams, Cost Structure, and Sustainability Integration.

More than an awards program, BIBMA 2026 has been developed as a national initiative to promote business excellence, encourage continuous innovation, and strengthen Sri Lanka’s business ecosystem. Through a rigorous and transparent assessment process conducted by an independent Assessment Council comprising distinguished academics, industry experts, policymakers, and business leaders, participating organisations will receive valuable benchmarking against internationally recognised business model standards.

NIBM Chairman Dr. Chinthake Perera said: ‘Innovation is the cornerstone of sustainable business success in today’s rapidly evolving world. Through BIBMA 2026, NIBM is creating a credible national platform that encourages organisations to rethink how they create value, embrace innovation, and compete on a global stage. This initiative reflects our commitment to supporting Sri Lankan enterprises in building resilient, future-ready business models that contribute to the nation’s economic growth.’

NIBM Director General Dr. D.M.A. Kulasooriya stated: ‘For nearly six decades, NIBM has remained at the forefront of developing professionals, organisations, and industries that contribute to Sri Lanka’s economic progress. BIBMA 2026 introduces a new dimension to our business consultancy initiatives by recognising innovative business models that create sustainable value. Through this program, we aim to help organisations benchmark themselves against internationally recognised standards while fostering innovation, competitiveness, and long-term growth.’

NIBM School of Business Director Kolitha Ranawaka added: ‘The NIBM School of Business has long been recognised for its expertise in business education, executive development, research, and consultancy. BIBMA 2026 is a natural extension of this expertise, providing organisations with an independent and structured platform to evaluate and strengthen their business models. We believe this initiative will not only recognise excellence but also inspire organisations to continuously innovate and enhance their competitiveness.’

BIBMA 2026 Steering Committee Chair Dr. Baratha Dewanarayana said: ‘BIBMA 2026 was designed to celebrate organisations that have successfully reimagined how value is created, delivered, and sustained. More importantly, it establishes a credible national benchmark that encourages continuous innovation, cross-sector learning, and business excellence while promoting sustainable business practices across Sri Lanka.’

BIBMA 2026 Consultant/Lecturer and Project Lead Sandamini Withanachchi said: ‘BIBMA 2026 offers organisations an opportunity to benchmark their business models against recognised best practices, gain national recognition, and showcase their achievements. Beyond the awards, the program encourages participants to evaluate their strengths, embrace innovation, and build resilient business models capable of creating long-term value.’

Beyond recognising excellence, BIBMA 2026 also serves as a platform for knowledge sharing, collaboration, and networking among leaders from Sri Lanka’s business community. By bringing together organisations from four diverse sectors under a single nationally recognised framework, the initiative seeks to foster cross-sector learning and inspire the adoption of innovative and sustainable business practices that contribute to the country’s economic development.

Organisations interested in participating may submit their applications through the official BIBMA website. Applications are accepted under four categories: Startups – Rs. 10,000, MSMEs – Rs. 25,000, Public Enterprises – Rs. 30,000, and Large Corporates – Rs. 75,000.

Mr President, bring back the anthem Nigerians actually know

Anyone following the World Cup would have noticed the passion, conviction, and emotion with which players and supporters sing their national anthems before kickoff. This scene consistently stands out. Some close their eyes; others place a hand on their chest. Many sing every word as though it were a personal creed.

Those moments demonstrate that a national anthem is far more than just a song; it is a symbol of a nation’s identity, history, and collective aspirations.

That is why a troubling question comes to mind whenever I watch such scenes: how many Nigerians can confidently sing our national anthem today?

Since the reintroduction of ‘Nigeria, We Hail Thee’ in 2024, millions of Nigerians don’t know or have struggled to remember, let alone sing, the country’s official anthem.

Attend any public event where the anthem is played, and you will often see people merely moving their lips, uncertain of the words, or simply standing in silence. At various local or international sporting events, our athletes don’t sing along.

‘Whatever criticisms may have been made of it, it had become familiar and widely accepted. Replacing it overnight inevitably created confusion and weakened the sense of familiarity that gives national symbols their enduring power.’

This should not be surprising. The restored anthem was Nigeria’s national anthem for only eighteen years, from 1960 to 1978. In contrast, ‘Arise, O Compatriots’ served as the nation’s anthem for forty-six years, from 1978 until 2024. By any measure, far more Nigerians grew up with the latter than with the former.

The previous anthem had become deeply embedded in Nigeria’s civic culture. Generations of Nigerians recited it in schools, sang it during morning assemblies, and heard it at official ceremonies and national events. Whatever criticisms may have been made of it, it had become familiar and widely accepted. Replacing it overnight inevitably created confusion and weakened the sense of familiarity that gives national symbols their enduring power.

One is tempted to ask: does the President genuinely expect Nigerians who were born and raised between 1978 and 2024 to suddenly embrace and memorise a different anthem? Has he forgotten the Igbo saying that you cannot learn how to use your left hand in old age? ‘Adighi amu aka ekpa n’nka.’

A national anthem derives its real power not from official proclamation but from public acceptance and familiarity. It must live in the hearts of the people before it can resonate through stadiums, classrooms, churches, mosques, and public squares. An anthem that citizens do not know cannot effectively perform its most important function: fostering national unity and identity.

For this reason, I believe President Bola Tinubu’s decision to revert to the former national anthem ranks among the most unnecessary and ill-advised policy choices of his administration. At a time when Nigeria faces pressing economic, security, and governance challenges, changing the national anthem was hardly a national priority.

This decision, moreover, looks more like a personal preference dressed up as policy than a response to any need felt by ordinary Nigerians. In an interview during Nigeria’s 2022 Independence Day celebrations, Tinubu said the old anthem ‘described us much better’ and that, given the choice, he would bring it back. He has now achieved his goal.

Little wonder the change appears to have solved no urgent problem: it served his personal preference, not the wishes of the wider public, and in the process created confusion for millions who had grown up knowing the anthem it replaced. National identity is strengthened through shared experiences and collective conviction, not by repeatedly altering symbols that citizens have already embraced.

Beyond the anthem itself, this issue raises broader concerns with our rubberstamp National Assembly led by Senator Akpabio.

The National Anthem Bill was passed by the National Assembly with remarkable speed, reportedly within a matter of days and with little public consultation. Concerns raised by various stakeholders, including the Attorney-General of the Federation (AGF), were largely brushed aside. Classical Akpabio brushed off the AFG concern by saying he is not a lawmaker and does not have a full understanding of how bills are passed.

How puerile, a strikingly thin response to a germane concern.

Senator Tahir Monguno, while presenting the committee’s report, stated that the anthem reflected Nigeria’s values, aspirations, and cultural identity and would inspire greater patriotism and cooperation among citizens.

Two years after its reintroduction, it is fair to ask Senator Monguno and Senator Akpabio whether those lofty objectives have been achieved. Has the new anthem inspired greater patriotism? Has it strengthened national unity? Has it fostered cooperation among citizens? Most importantly, how many Nigerians can confidently sing it today?

Whether one prefers ‘Nigeria, We Hail Thee’ or ‘Arise, O Compatriots’ is ultimately a matter of personal opinion. What is not in dispute is that changing the anthem has done little to improve the daily lives of Nigerians. The country now finds itself in the unusual position of having a national anthem that many of its citizens neither know nor sing with confidence.

I therefore respectfully call on President Bola Ahmed Tinubu to reconsider this decision and restore the anthem that generations of Nigerians grew up knowing. Such a step would undoubtedly require humility and political courage.

Yet leadership is not measured by an unwillingness to revisit decisions; it is measured by the wisdom to acknowledge when a policy has failed to achieve its intended purpose.

It is never too late to correct a mistake. Indeed, the willingness to do so is often the hallmark of great leadership.

70 years later, Jonathan, Diri, others reflect on crude oil impact

Former President Goodluck Jonathan and Governor Douye Diri of Bayelsa State have shared their thoughts on the impact of crude oil production in Nigeria 70 years after it was discovered in commercial quantities.

The duo and other stakeholders spoke on Monday about the cost and gains of crude oil exploration in the Niger Delta region at the opening of the 2026 Sweet Crude Dialogue held at the Conference Centre of the Nigerian Content Towers in Yenagoa.

The dialogue with the theme: Through the Python’s Eye: 70 years of Oil and Gas Production in Nigeria brought together industry experts, academia and government officials, as they called on stakeholders to chart a better future for the region.

Jonathan, who chaired the event, in his remarks, said Nigeria could only make appreciable progress in the oil industry if most of the requirements for oil production are locally sourced.

He pointed out that the export of crude oil cannot result in economic diversification or adequate job creation in the country.

‘If we cannot develop or produce some of these things used in the oil industry within the country, we will not achieve anything significant in the oil industry. It is not just about selling crude oil.

‘Yes, we earn money from that, but that does not diversify the economy and create enough jobs. What will diversify our economy is the industrial aspects of the operations of the oil industry.

‘That’s why I am happy with the local content board law my administration enacted in 2010 and the Petroleum Industry Act of 2021. With these two pieces of legislation and if they are followed to the letter with amendments where necessary, I believe things will be much better,’ Jonathan said.

Governor Douye Diri, who was represented by Peter Akpe, his deputy, decried the level of environmental degradation in the Niger Delta and called on well-meaning organisations to work towards achieving justice for the region.

Diri said about 13 million barrels of crude oil were spilt between 1958 and 2010, quoting from the report of the defunct Bayelsa State Oil and Environment Commission led by John Sentamu, an archbishop.

He described the Commission’s findings as sobering, stressing that what happened to the state is ‘nothing short of an environmental genocide.’

The governor therefore urged De Mangrove Conversations and other environmental advocacy groups to collaborate with the state government to ensure the implementation of the recommendations of the commission.

Ibibia Worika, a Professor of Comparative Petroleum and International Law and Policy, said 70 years of oil production had generated unprecedented wealth for Nigeria, but also exposed structural weaknesses in governance.

Worika added that the Niger Delta, which bears the brunt of oil production, has little to show for its contribution, stressing that environmental justice for the region is ‘a constitutional, moral and developmental imperative.’

Sheriff Oborevwori, Governor of Delta State, represented by Johnson Erijo, his Chief of Staff, was among those who delivered goodwill messages at the two-day event.

The session was moderated by Franklin Osaisai, a Professor of Nuclear Engineering and former Director General of the Nigeria Atomic Energy Commission.

Land bridge plan revised, China-Singapore route accelerated

Prime Minister Anutin Charnvirakul has ordered officials concerned to revise the land bridge project of the government while speeding up other transport projects linking Thailand, China, Laos, Malaysia and Singapore, according to the government spokesman.

Government spokeswoman Rachada Dhnadirek said on Wednesday that Mr Anutin instructed relevant government organisations to revise the land bridge project and speed up road and rail projects ready for implementation to remedy ‘missing links’ and complete transport networks.

‘This will speed up cargo transport, cut logistic costs, increase competitiveness and attract investment without having to wait for a mega project,’ the spokeswoman said.

She was referring to the 1-trillion-baht east-west land bridge megaproject planned to link the Gulf of Thailand and the Andaman Sea across the southern provinces of Chumphon and Ranong.

Elaborating on the new directive from Prime Minister Anutin, who recently visited China, Ms Rachada said the aim is to fill in ‘missing links’ along the ‘north-south economic corridor’ connecting China to Laos, Thailand, Malaysia and Singapore.

According to the government spokesperson, Mr Anutin told his Chinese counterpart Li Qiang while in China that the Thai government is committed to extending railways from Chiang Khong district of Chiang Rai to Nateuy station in Laos, which connects with Mohan of China. Nateuy is a key station of the Chinese-Lao high-speed railway.

At the same time, the government will rapidly improve the port of Ranong and link it and Chumphon with rail lines and roads to introduce an alternative for cargo transport between the Indian Ocean and the Gulf of Thailand.

‘The government will comprehensively consider feasibility, investment and economic returns before working out action plans… The government emphasises investment that is practical, produces quick results and genuinely benefits people and businesses,’ Ms Rachada said.

Temba Bavuma’s Quiet Authority and the Pressure of Proteas Leadership

Temba Bavuma has rarely been the loudest figure in South African cricket. His influence has come from a different register: compact technique, measured words, stubborn concentration and the ability to carry public pressure without turning it into theatre. In a cricket culture that often rewards volume, Bavuma’s captaincy has made quiet authority feel like a serious leadership model.

That matters because South African sport is watched with unusual intensity. A Proteas captain is judged by selection calls, batting form, history, transformation debates, tournament scars and the emotional weight of a country that wants its cricket team to matter on the world stage. Around major fixtures, fans move between score apps, broadcast analysis, fantasy teams, betting markets and account tools such as spina zonke login, but Bavuma’s case still begins with something less digital and more demanding: how a player leads when every innings feels like evidence.

His career is useful because it resists easy framing. Bavuma is not only a symbolic figure, though symbolism has followed him from the beginning. He is also not only a numbers debate, though his statistics have often been pulled into public arguments. The real story sits between those poles: a batter and captain who has had to build credibility under a spotlight that was never neutral.

From Langa to the Proteas Dressing Room

Bavuma’s roots in Langa, Cape Town, are central to how South Africans read his career. Langa has a deep sporting culture, but the road from township cricket to the national side has never been simple. For generations, access, facilities, exposure and networks shaped who could move from talent to opportunity.

That is why Bavuma’s rise carries more than personal meaning. He represents one version of what cricket access can produce when skill meets support, coaching and persistence. Still, the biography should not reduce him to a social symbol. He reached the Proteas because he could bat, because he understood tempo, and because he earned his place through the domestic and international systems.

His Test debut in 2014 placed him inside a team still trying to define its post-greatness identity. South Africa had already produced elite fast bowlers, world-class fielders and technically refined batters. Bavuma entered that environment not as a ready-made superstar, but as a player trying to make a specialised role his own.

That gradual rise is important. It explains why patience has always been part of his story.

The Century That Changed the Conversation

Bavuma’s unbeaten Test century against England at Newlands in January 2016 became a landmark moment. It was not just a batting achievement. It made him the first Black African cricketer to score a Test hundred for South Africa, a fact that gave the innings historical weight beyond the scorecard.

The innings mattered because it arrived in Cape Town, close to the communities and cricket pathways that shaped him. It also mattered because it gave young Black batters a visible reference point in a format where representation had been slow and uneven. Cricket is full of milestones, but some milestones open emotional space as well as statistical records.

At the same time, that century created a complicated public standard. Once a player becomes part of history, every later dip can be judged through a harsher lens. Bavuma’s career has often been discussed as if he must keep proving the legitimacy of the moment that made him famous.

That is the unfair bargain of symbolic athletes. Their achievements are celebrated, then constantly re-examined.

Why His Captaincy Feels Different

Bavuma’s leadership style does not rely on intimidation. He is not built as a towering presence, and he does not seem interested in performing authority for its own sake. Instead, his captaincy has been built around control: control of language, tempo, mood and tactical discipline.

That approach suits parts of South African cricket. The Proteas have carried years of tournament disappointment, especially in global events where promising campaigns often ended painfully. A captain in that environment cannot only motivate. He has to lower the emotional temperature enough for players to execute.

Bavuma’s public manner often does that. He tends to speak carefully, avoiding grand claims and obvious drama. That does not make him passive. It suggests a leader who understands that South Africa’s cricket story already contains enough noise.

His best leadership trait may be steadiness. In a side full of expressive players, fast bowlers, aggressive stroke-makers and strong personalities, steadiness has value.

The Batter Inside the Captain

Every captain still has to play. Bavuma’s batting is sometimes misunderstood because it does not always produce the visual dominance associated with modern white-ball cricket. He is not a pure power player. His stronger identity is built around balance, placement, decision-making and the patience to bat through awkward phases.

In Test cricket, those qualities can be valuable. South Africa’s batting has often needed someone who can absorb pressure, leave well, rebuild after wickets and make the opposition bowl longer spells. Bavuma’s compact method gives him a way to survive when conditions are not friendly.

Bavuma attribute How it appears in matches Why it matters for the Proteas

Compact technique Short movements, controlled defence Helps in difficult batting conditions

Calm public voice Measured media presence Reduces emotional noise around the team

Historical significance First Black African Test centurion for South Africa Expands what representation looks like

Tactical patience Willingness to slow a game down Useful in Test cricket and tight chases

Resilience under scrutiny Continues through selection and form debates Sets a standard for mental endurance

That does not mean criticism is invalid. Captains and senior batters should be judged. But the better question is whether the judgement understands the role he is playing, not only the strike rate or a single innings.

The Weight of Leading South Africa

To captain South Africa is to lead a cricket team and inherit a national argument. The Proteas carry excellence, frustration and expectation in equal measure. Every major tournament revives the question of whether this squad can finally convert potential into a title.

Bavuma has lived inside that pressure more directly than most. As a Black African captain, he has carried historic meaning. As a batter, he has faced technical scrutiny. As a public figure, he has been asked to represent more than any one athlete should have to represent.

That makes his leadership harder to separate from resilience. He has had to keep appearing, keep answering and keep batting while the conversation around him sometimes became bigger than the game itself. Some players are judged after they fail. Bavuma has often been judged before he walks to the crease.

This is why his calmness matters. It is not blandness. It is a method of survival.

What Young South African Athletes Can Learn

Bavuma’s career offers lessons beyond cricket. For young athletes, especially those from communities where the pathway to professional sport feels narrow, his story is a reminder that visibility and craft must develop together.

The useful lessons are practical:

Skill needs structure. Talent grows faster when coaching, competition and support are available.

History can inspire, but performance sustains the career. A milestone opens the door, then daily work keeps it open.

Quiet leadership is still leadership. Authority does not always need volume.

Public pressure must be managed, not denied. Elite athletes need routines that protect clarity.

Representation should not erase individuality. Bavuma is a symbol, but he is also a specific cricketer with a specific method.

These lessons make his career valuable to readers who care about sport as more than entertainment. Bavuma shows how an athlete can become meaningful without chasing constant spectacle.

A Captaincy Still Being Written

Bavuma’s story is not finished, and that is part of its strength. Too often, South African cricket careers are forced into final judgements while they are still unfolding. With Bavuma, the temptation is even stronger because his career carries history, argument and emotion.

A more useful reading is slower. He has already changed the record. He has already carried a national side through difficult conversations. He has already shown that leadership can be quiet without being weak.

The next chapters will decide how his captaincy is remembered in cricket terms. Trophies, series wins, overseas performances and personal runs will all matter. But the deeper legacy may be broader than that.

Temba Bavuma has made South African cricket think differently about authority. Not every leader needs to dominate a room. Some make the room steadier, clearer and more honest. In a Proteas era shaped by pressure, that kind of leadership has its own force.

Iran War: U.S. moves fighter jets from Europe to Middle East amid rising regional tensions

The United States has begun relocating fighter aircraft from its military bases in Europe to the Middle East as tensions continue to rise across the region, according to a report published by The Wall Street Journal (WSJ).

The report stated that Washington is significantly increasing its military presence in the Middle East, with the deployment of additional air assets as part of broader preparations amid growing security concerns.

The movement of fighter jets from European bases signals a potential shift in U.S. military posture, as American officials closely monitor developments in the region and assess possible threats to U.S. forces and allies.

The latest deployments come at a time of heightened tensions involving several regional actors, raising concerns that the coming days could prove critical for the security situation and the possibility of further military escalation.

U.S. officials have not publicly disclosed the full details of the aircraft movements or their intended missions, but the reported repositioning reflects Washington’s continued focus on maintaining operational readiness in the Middle East.

The United States is actively redeploying F-35 and F-16 fighter jets alongside refuelling aircraft from European bases to the Middle East. This strategic shift aims to reinforce U.S. Central Command (CENTCOM) operations and bolster regional deterrence amid heightened tensions involving Iran.

The rapid repositioning reflects Washington’s focus on operational readiness and protecting American forces in the Persian Gulf and surrounding areas.

Cebu Pacific, Vietnam Airlines sign wet lease deal

Cebu Pacific (PSE: CEB) has entered into an agreement to provide wet lease services to Vietnam Airlines, the flag carrier of Vietnam.

The agreement covers the deployment of one Airbus A320neo aircraft powered by Pratt and Whitney engines which Vietnam Airlines will utilize for its flight operations between July 15 and Sept. 7, 2026.

The aircraft will be based in Ho Chi Minh City and will be operated by Cebu Pacific pilots and cabin crew. The operation will cover domestic routes from Ho Chi Minh City to Cam Ranh, Phu Quoc, Vinh, Da Nang, and vice versa.

‘Vietnam and the broader Southeast Asian market continue to see strong growth in air travel, creating opportunities for airlines to collaborate more closely in meeting demand. As Cebu Pacific’s fleet continues to expand, we are well positioned to deploy our capacity where it is needed most, including through strategic wet lease partnerships during periods of lower demand in the Philippines,’ said Cebu Pacific Chief Financial Officer Mark Cezar.

‘This collaboration with Vietnam Airlines enables Cebu Pacific to broaden its role beyond passenger operations by providing operational support to airlines across the region. It also creates new opportunities to diversify our revenue streams while expanding our presence in one of the world’s fastest-growing aviation markets,’ he added.

This agreement further demonstrates Cebu Pacific’s strong capability to enter wet lease arrangements with other airlines, both as a lessor and a lessee. In 2023, Cebu Pacific signed a damp lease agreement with Bulgaria Air for two A320ceo aircraft to meet the growing travel demand in the Philippines amid the post-pandemic travel recovery.

Cebu Pacific also successfully provided wet lease services to Saudi Arabian low-cost carrier flyadeal, which utilized two A320 aircraft to strengthen the Middle Eastern airline’s fleet during its peak summer flying season in 2025.

Manila gals shine bright in U18 worlds

TEAM Manila-Philippines outclassed Texas Pride Elite Team from host Rio Grande Valley, 8- 1, to regain the 2026 Pony International World Series 18-Under Girls Softball Championship before a big crowd at the McAllen Softball Complex in McAllen City, Texas, recently.

The Big City Softbelles, champions in 2023 and 2024 Pony World Series also hosted by McAllen, represented the Asia Pacific Region in the tournament that drew teams from the US, Mexico, Guatemala, Bahamas and Puerto Rico.

‘We are very proud of the team’s accomplishment as we always do our best to support the further advancement of these ‘world class’ youth athletes who come from poor families in the provinces with a promise of free college education from reputable universities in Manila,’ said Team Manila Softball President and Manila Councilor Rafael ‘Che’ Borromeo.

Borromeo bared that two universities in Texas have shown interest in recruiting a number of standouts from Team Manila-Philippines, which is supported by Manila Mayor Francisco ‘Isko Moreno’ Domagoso, International Terminal Container Services Inc., San Miguel Corp. and the Philippine Sports Commission.

According to Borromeo, Texas AandM University and Texas Lutheran University are keen on recruiting ace pitcher Edralyn Borrico-who starred in the championship match-from Smokey Mountain in Tondo.

Mary Antoinette Sicapore, Angelica Jean Latriz, Claire Olarte and Rhea Manalo are also being eyed by the university.

Members of Team Manila-Philippines were voted as 2012 PSA Athletes of the Year for winning for the country its first-ever championship in softball history in the 2012 Girls Big League Softball World Series in Kalamazoo, Michigan USA, as well as the 2017 and 2018 PSA Awards for being the pre-pandemic back-to-back Pony World Series Champions held in Hemet, California USA.

A team from Manila was also named as a Major Awardee in the 2023 PSA Awards.

NASA estimates nuclear Mars mission at $2.1B

The National Aeronautics and Space Administration’s (NASA) planned nuclear-powered mission to Mars is expected to cost approximately $2.1 billion, excluding the scientific project it will transport to the planet, Politico reported on Tuesday, AzerNEWS reports.

“Early cost estimates are approximately $2.1 billion, and NASA will continue refining that figure through the acquisition process,” the agency confirmed in a statement. NASA intends to spend $640 million in fiscal 2026, $890 million in 2027, $415 million in 2028, and $180 million in 2029. The estimate does not include SkyFall, which will send three helicopters to Mars to collect scientific data and search for potential water sources.

NASA aims to launch Space Reactor-1 Freedom in late 2028 and is working with the US Department of Energy to design and assemble the reactor, as it also works to return astronauts to the Moon and build a lunar outpost. The spacecraft will reuse equipment developed for the canceled Gateway lunar station.