Opportunity and opportunism

There is a word that gets used constantly in the business world, celebrated in keynotes, printed on motivational posters and cited as the defining quality of every great entrepreneur.

Opportunity.

We build entire economies around it. The best companies, we are told, are the ones that see opportunity before anyone else. The best leaders are the ones who move fastest when the window opens. There is almost nothing in the business vocabulary that carries more prestige than being called someone who recognizes and seizes opportunity.

But there is a word that looks almost identical from a distance, operates through the same mechanisms and produces very different results. And we rarely name it as clearly as we should.

Opportunism.

The difference between the two is not a matter of speed or ambition or the size of the gain. It is a matter of character. Opportunity asks: what can I build here? Opportunism asks: what can I take?

Opportunity is aligned with purpose. Opportunism operates without moral restraint seizing whatever is available because, as the opportunist tells himself, he would be foolish not to.

C.S. Lewis, writing in 1944, warned about the seductive power of what he called ‘the inner ring,’ the exclusive circles of influence and access that tempt otherwise decent people to quietly trade their values for belonging.

That warning maps perfectly onto business.

The board that knows a loophole is legal and uses that as permission. The supplier relationship exploited the moment the other party has no alternatives. The pricing that technically complies with the contract while violating its obvious spirit.

In each case, no law is broken. And something is still lost slowly, quietly, in the space between what is permissible and what is right.

Too often, legality is mistaken for morality. And access is mistaken for entitlement.

I have seen this pattern across the companies and leaders I have worked with over the decades. A business qualifying technically for a benefit it did not genuinely lose. A tender won not on merit but on relationship. A competitor undermined not by building something better but by leveraging information not meant to be used that way.

The justification always sounds the same: ‘If it’s legal, we’d be foolish not to.’ Or: ‘That’s how the game is played.’ Or the most dangerous: ‘If we don’t, someone else will.’

These rationalizations are not arguments. They are moral shrugs.

And the quiet danger of the moral shrug is that it does not announce itself as a character failure. It arrives dressed in pragmatism.

Here is the business truth underneath the philosophy: in the short run, opportunism often works. It produces results that look like wins on the quarterly report.

The problem is that it erodes the one asset no balance sheet fully captures, and that is trust.

And once trust is systematically eroded, it does not regenerate quickly. Customers leave without explaining why. Talented employees stop bringing their best ideas to a culture they no longer believe in. Partners begin protecting themselves in ways they would not have needed to before.

The compound interest on opportunism is paid slowly and painfully, long after the original gain has been spent.

Opportunity at its best is something entirely different. It is a test of character, not a blank check.

Every significant business decision carries a mirror in its reflection not just what you gained, but who you became in the process of gaining it.

The company you build through genuine value creation is a different company, with a different culture and a different capacity for the future, than the one built through calculated exploitation of every available angle.

This does not mean business must be naïve. Competitive markets are real. Hard decisions are unavoidable. Negotiating firmly is not opportunism. Protecting your organization’s interests is not opportunism.

The line is not between aggressive and gentle.

The line is between decisions that could bear the full light of transparency and decisions that depend on the other party not seeing clearly.

The practical question every leader can ask before a significant decision is a simple one: if the other person in this transaction, the customer, the supplier, the partner, the employee could see exactly what I am doing and why, would I be comfortable?

Not proud necessarily. Not perfect. But comfortable that this is a decision I could defend with integrity to someone who knows me well.

History has a long memory for this distinction.

The leaders and organizations that are remembered, trusted and genuinely powerful over decades are not the ones who were most calculating. They are the ones who stood for something consistent, especially in the moments when standing for nothing would have been so much easier and more immediately profitable.

Opportunity is a summons to build something worthy of the freedom it represents.

What you do with that summons is your character, written in the decisions that only you will fully remember.

Join Francis Kong for The winning edge, a one-day seminar-workshop on Oct. 21, designed for emerging leaders, high-potential professionals, direct reports, next-generation executives and young family members being prepared to take over the business. This practical and inspiring learning experience focuses on personal growth, leadership readiness, confidence, discipline, and the mindset needed for the next level, while also equipping participants to stay grounded, adaptable and effective amid uncertainty, pressure, disruption and difficult times. For inquiries and registration, contact April at +63 928 559 1798 or Sylene at +63 976 638 8974.

Ugandan-founded AirQo named among 15 Earthshot Prize finalists

A Ugandan-founded clean-air technology initiative has been named among 15 global finalists for the 2026 Earthshot Prize, putting it in contention for one of the world’s most prominent environmental awards.

AirQo, an African-led clean-air technology initiative founded at Makerere University in 2015, was named a finalist for its work to close Africa’s air quality data gap through low-cost monitors, open-data platforms and artificial intelligence designed to track pollution levels across African cities.

AirQo uses locally manufactured, low-cost air quality monitors, AI sensors and mobile applications to collect real-time pollution data across Uganda and several other African cities.

The Earthshot Prize was launched by Prince William and The Royal Foundation in 2020 to identify, spotlight and scale innovative solutions to some of the world’s most pressing environmental challenges.

AirQo was nominated in the ‘Clean Our Air’ category, where it is being recognised for tackling one of Africa’s most urgent but often invisible public health threats.

In 2019, air pollution was the second-leading risk factor for death across Africa and contributed to an estimated 1.1 million deaths in a single year, according to the State of Global Air initiative.

Rapid urbanisation has increased emissions from transport, industry and waste, while many cities still lack reliable, locally relevant data showing where pollution is concentrated, when levels spike and whether measures to reduce pollution are working.

As a 2026 finalist, AirQo will work with The Earthshot Prize to accelerate its expansion across African cities, strengthen the investment case for clean-air infrastructure and connect the initiative with governments, funders, technology partners and urban leaders.

The support will also help AirQo expand its open-source data platform, build local technical capacity and make clean air a more visible public and political priority, according to a statement issued by the initiative on Friday evening.

Prince William, President and Founder of The Earthshot Prize, said the finalists offered evidence that progress on environmental challenges was possible.

‘Every year, our Finalists give me renewed optimism. They show us that, even as the environmental challenges remain urgent, extraordinary people around the world are already proving that progress is possible,’ he said.

‘Seeing solutions work gives us all confidence to act. When they succeed, they inspire others and accelerate change. I’m proud to welcome these 15 Finalists to the Earthshot Prize community and look forward to celebrating their stories in Mumbai this November.’

Search for a solution

AirQo was established to answer a basic but increasingly urgent question: how can people in cities be protected from pollution they cannot see?

After moving from rural Uganda to Kampala, AirQo founder Prof Engineer Bainomugisha observed the effects of worsening urban air quality but found that the local data needed to understand the problem was largely unavailable.

Conventional monitoring stations were expensive and difficult to maintain at the density required by African cities, prompting the AirQo team to develop a locally designed alternative.

Its monitors are built for African operating conditions, including dust, power interruptions and limited internet connectivity. Fixed monitors are complemented by mobile devices mounted on motorcycle taxis, commonly known as boda bodas, to map pollution at street level.

Data collected through the network is shared through open-data platforms, dashboards, mobile tools and application programming interfaces (APIs).

AirQo also uses artificial intelligence and machine-learning models to calibrate sensors, verify data quality, forecast pollution, identify hotspots and determine where additional monitors are most needed.

The affordable monitors complement traditional reference-grade monitoring stations used by governments. By bringing the data together, AirQo helps cities identify pollution patterns and determine where interventions are most urgently needed.

The information is also used by researchers and communities to understand local air quality, minimise exposure and support public health measures.

Public tools show citizens when pollution levels are high, while city authorities can use the data to improve traffic management, waste services, public health interventions and urban planning.

Prof Engineer Bainomugisha, founder and lead of AirQo and a professor of computer science at Makerere University, said the initiative was created to make air pollution more visible through locally generated evidence.

‘Air pollution has remained invisible across too many African cities because the data needed to understand it has been scarce.

‘AirQo was built in Africa for the realities of African cities, bringing together locally designed monitors, open data, and artificial intelligence so that evidence can move from the street into public decisions.

‘Being named an Earthshot Prize Finalist will help us scale this infrastructure, equip more African technologists and city leaders, and make reliable air quality data a public good. As a non-profit, the funding and partnerships this recognition unlocks are vital to advancing our vision of clean air for everyone,’ he said.

AirQo now has more than 500 air quality monitors deployed across over 16 cities. Its work spans nine African countries – Uganda, Kenya, Nigeria, Ghana, Senegal, Cameroon, Zambia, Mozambique and South Africa – providing real-time air quality information to communities with a combined population of more than 30 million.

The initiative says its work is also contributing to a positive tipping point – a threshold in a system beyond which change becomes self-propelling.

The finalists

The 15 finalists for this year’s Earthshot Prize were selected from a database of nearly 7,000 nominations from 169 countries.

The selection process was supported by a global network of more than 363 nominators and an Expert Advisory Panel comprising more than 150 specialists, alongside assessment and research by The Earthshot Prize’s selection team and partners.

The 15 finalists join a community of 75 finalists supported by the prize since 2020.

According to The Earthshot Prize, the wider finalist community has collectively avoided or cleaned up 18 million tonnes of greenhouse gases (CO2e), while contributing to cleaner air for 600 million people.

The community has also protected or restored 58 million hectares of land and 85 million hectares of ocean and coastlines, kept 465,000 tonnes of waste out of the environment and saved 21 million tonnes of water from being wasted.

The 2026 Earthshot Prize winners will be celebrated in Mumbai in November.

SOFAZ’s $72 billion to deploy as AI rewrites infrastructure market

Amid fluctuating interest rates in global financial markets and rising geoeconomic risks, sovereign wealth funds are taking more aggressive and strategic diversification steps to preserve the profitability of their portfolios. Israfil Mammadov, Executive Director of the State Oil Fund of the Republic of Azerbaijan (SOFAZ), visited Toronto in September as part of the ‘Canada Investment Summit 2026.’ The visit signals a new stage in the management of the Fund’s more than $72 billion in assets, with a particular focus on joint investments with global companies in real assets, alternative energy and digital infrastructure.

The most notable aspect of the visit was the meeting with the management of ‘Brookfield Asset Management,’ which has more than $1 trillion in assets under management. Partnering with such institutional players, which have more than 100 years of experience in global private markets, provides SOFAZ with an opportunity for proper risk allocation. Looking at existing statistics, more than 55% of SOFAZ’s investment portfolio consists of fixed-income securities, more than 20% of equities, around 10% of real estate, and 10%-12% of gold assets. However, the fact that global inflation has remained in the 3%-5% range over the past three years and uncertainties in the monetary policies of central banks show that traditional directions may not fully ensure the expected real returns. In this regard, directing SOFAZ capital toward real infrastructure projects protected against inflation and with a target annual return of around 8%-12% is a strategic move.

It is true that the traditional understanding of infrastructure from the last century has now changed fundamentally. Today, when we talk about ‘infrastructure,’ digital centers and green energy generators are primarily meant. As a result of the rapid development of artificial intelligence (AI) technologies, the energy consumption of data centers has increased sharply. According to estimates, global data centers’ demand for electricity will at least double by 2030, reaching 1,000 terawatt-hours (TWh). This requires hundreds of billions of dollars in investment in the digitalization and renewable energy sectors over the next 5-10 years. This trend is also at the center of the discussions with ‘Brookfield’: becoming a partner in infrastructure capable of meeting the enormous energy demand created by digitalization.

The growing demand for electricity from data centers also creates a direct link between two investment themes that were previously considered separate: digital infrastructure and energy infrastructure. As computing capacity expands, investors increasingly need to consider the availability, reliability and long-term cost of electricity alongside the physical infrastructure required for data storage and processing. This makes renewable energy generation, power transmission networks and other supporting infrastructure increasingly relevant to long-term institutional investment strategies.

On the other hand, Canada’s pension and investment fund management model is considered the gold standard in the global market. The Canada Pension Plan Investment Board (CPPIB) alone manages more than $600 billion in assets. The meetings held by SOFAZ management with institutions such as CPPIB, PSP Investments and the Canada Development Fund, as well as with Japan’s GPIF fund, whose assets exceed $1.5 trillion, are critical in terms of institutional exchange of experience. Establishing co-investment mechanisms on such platforms creates an opportunity for SOFAZ to enter large projects with a 5%-15% stake, where entering alone would be risky, and to minimize risks.

For a sovereign wealth fund, such cooperation also provides access to investment structures, management expertise and international networks that would be more difficult to develop independently. Co-investment allows large institutional investors to share the capital requirements and risks associated with major infrastructure projects while retaining exposure to long-term assets. This model can therefore complement SOFAZ’s existing portfolio structure without requiring a fundamental shift away from its established investment principles.

In conclusion, SOFAZ’s contacts in Toronto show that the Fund is rapidly transforming from a passive capital accumulator during the oil boom era into an active investor model that anticipates global trends. Diversifying even 5%-8% of the $58 billion portfolio into the high-return energy transition and digital infrastructure projects of the future will guarantee that the value of the massive capital accumulated for future generations will continue to grow at a rate exceeding inflation over the coming decades.

How Monierate’s new digital platforms reshape Nigeria’s FX market

HyperFX, a foreign exchange settlement platform developed by blockchain infrastructure company Polytope Labs, has been added to Monierate, an exchange-rate data l that tracks rates from lmultiple providers.

The addition brings HyperFX into a comparison platform that covers providers across the foreign exchange, stablecoin and digital-asset markets.

Monierate said its platform currently tracks rates from more than 90 providers and exchanges. The company was founded in 2023 by Jeremy Ikwuje and Olayinka Omoniyi.

The latest addition comes as technology companies continue to develop alternative infrastructure for moving and exchanging currencies, particularly across borders.

HyperFX is focused on foreign exchange settlement using blockchain-based infrastructure. The platform is designed for businesses and fintech companies rather than primarily for retail users. Polytope Labs launched HyperFX in 2026. The platform uses stablecoins to facilitate currency swaps, with its naira settlement leg using cNGN, a naira-backed stablecoin.

The model places HyperFX within a growing segment of the financial technology industry exploring stablecoins as infrastructure for cross-border transactions and foreign exchange settlement.

For Monierate, the addition is part of its broader effort to bring rates from different providers into a single data platform.

‘Markets like Africa don’t lack rates; they lack a single, trustworthy view of them,’ Ikwuje, co-founder of Monierate, said. ‘We’re building the reference layer for what currencies are actually trading at, in real time, across relevant providers.’

Ikwuje said the company was seeking to cover rates that may not be represented on traditional financial data platforms.

The usefulness of such comparison platforms depends largely on the number and type of providers covered, as well as the quality and frequency of the data they collect.

Nigeria’s foreign exchange market has also become increasingly digital, with banks, fintech companies, cryptocurrency exchanges and peer-to-peer markets operating alongside one another. Differences in pricing between providers can make the cost of converting or transferring money vary depending on where a transaction is conducted.

The emergence of stablecoin-based infrastructure adds another layer to that market. Businesses involved in international payments can now access different models for converting, transferring and settling currencies, although the regulatory treatment of individual products and services remains an important consideration.

HyperFX’s use of cNGN also brings the platform into Nigeria’s developing stablecoin ecosystem. cNGN is a naira-backed digital token designed for transactions involving the Nigerian currency. Users and businesses of financial services remain subject to the regulatory requirements applicable to the services they provide.

Being included on Monierate does not constitute an endorsement of HyperFX. The listing simply makes its available rates part of the data displayed alongside those of other providers.

The broader significance of the development lies in the growing number of digital platforms participating in Nigeria’s currency market and the emergence of tools designed to make their rates easier to compare.

For users and businesses, the question is increasingly not only where to exchange currency, but how the price offered by one provider compares with alternatives available at the same time.

When Banking Power Meets Political Money: Questions Nigeria Must Ask

As Nigeria’s 2027 presidential election approaches, public attention is turning to the integrity of the country’s financial and electoral systems. Two areas of law are particularly relevant: prohibitions on insider dealing in securities markets, and rules governing political campaign financing. Both exist to protect public confidence-in markets and in elections alike.

Under the Investments and Securities Act (ISA) 2025, insider dealing is prohibited where a person trades, directly or indirectly, in securities while in possession of material, non-public information. The Act also creates liability for those who facilitate or benefit from such conduct. Penalties are severe: individuals face fines of at least N10 million or four times the profit gained (whichever is higher), plus imprisonment of at least five years.

Public commentary has raised questions about whether financial institutions or their executives could, in theory, be used as vehicles for undisclosed political financing.

Dr. Nneka Onyeali-Ikpe is the Managing Director and CEO of Fidelity Bank Plc, a position she has held since January 2021. She is a lawyer by training and has been recognized in the banking industry, including as Banker of the Year 2022 and Best Banking CEO Nigeria 2023. Fidelity Bank is a publicly listed financial institution whose stability depends on investor confidence in its governance and disclosures.

Peter Obi is a former governor of Anambra State and was the Labour Party’s presidential candidate in 2023. He has since moved to the Nigerian Democratic Congress (NDC) and is expected to contest the 2027 presidential election. Questions about campaign financing have followed Nigerian presidential candidates across party lines for years, and Obi is no exception.

The intersection of these issues becomes particularly significant given Peter Obi’s political prominence and the importance of Fidelity Bank within Nigeria’s financial system. Any documented connection between political financing associated with Obi’s political activities and transactions involving Fidelity Bank would therefore warrant careful examination of the relevant records, timelines and disclosures.

Allegations of this nature-whether involving insider dealing, undisclosed political financing, or both-carry serious potential consequences if left unexamined. For a publicly listed bank, credible allegations can undermine investor confidence, damage the institution’s reputation, raise its cost of capital, and weaken trust in corporate governance. For the electoral system, the risk is that undisclosed money could distort political competition and subvert the very rules the Electoral Act was designed to enforce.

Nigeria’s history of campaign finance enforcement is mixed. Researchers have documented repeated violations of donation and spending limits in past elections, with weak sanctions and limited monitoring. An INEC official quoted in one study acknowledged that extreme spending and violations go unpunished because perpetrators often belong to a powerful political class. This is precisely why allegations involving a serving bank CEO and a presidential candidate warrant independent scrutiny rather than dismissal.

The appropriate institutions should examine any credible evidence that falls within their mandates. The Securities and Exchange Commission (SEC) and NGX Regulation should review any trading records, disclosure timelines, and beneficial ownership structures relevant to potential insider dealing. The Central Bank of Nigeria (CBN) should examine any governance or fiduciary concerns involving a regulated financial institution. INEC should examine campaign finance disclosures and source-of-funds information as required by the Electoral Act 2026.

Where there is a proper basis, law enforcement agencies-including the Nigerian Financial Intelligence Unit (NFIU), EFCC, ICPC, and the Nigeria Police Force-should investigate within their statutory powers. The objective should be straightforward: establish the facts, protect investors, and preserve confidence in Nigeria’s financial and electoral systems.

This is not a partisan issue. Insider dealing and undisclosed political financing are problems that can affect any institution, any executive, and any campaign. The question is not whether Dr. Onyeali-Ikpe, Peter Obi, or Fidelity Bank are guilty of anything. No regulator has said they are. The question is whether the relevant records, communications, and funding structures should be examined transparently, and whether accountability should apply equally regardless of position or influence.

Adelami writes from Lagos

Oyo 2027: Campaign organisation alleges plot to vandalise Sharafadeen Alli’s billboards, posters in Ibadan

Senator Sharafadeen Alli’s (BSA) Campaign Organisation has raised the alarm about a plot by some individuals in the Allied Peoples Movement (APM), working in connivance with some leaders of the Park Management System (PMS), to destroy and deface Alli’s billboards and posters across the Ibadan metropolis.

The campaign organisation said credible intelligence revealed that the sinister plot was hatched at a meeting held earlier on Friday in the Gbagi area of Ibadan.

It added that participants at the meeting agreed to mobilise PMS miscreants to embark on massive destruction of BSA campaign assets.

The statement, signed by the Director of Media and Publicity, Bisi Oladele, partly read, ‘Our intelligence revealed that Egbeda, Ibadan North East, Lagelu and Akinyele local government areas of Ibadan, where the APC gubernatorial candidate enjoys high domination of billboards and posters due to massive acceptance and love by the people, have been marked as primary targets.

‘As at the time of issuing this statement, there is ongoing mobilisation of PMS thugs to execute this sinister plan in the wee hours of tomorrow, Saturday.

‘We wish to state categorically that this resort to thuggery, vandalism and destruction of opponents’ campaign materials is a sign of panic, failure and imminent rejection by the good people of Oyo State.

‘It shows that APM candidates and their sponsors have nothing to offer, a clear reason they are resorting to violence to intimidate the opposition.

‘The BSA Campaign Organisation hereby advises Governor Seyi Makinde to call his party members and supporters to order. He must resist the temptation to unleash violence on the good people of Oyo State who have endured his excesses in the last seven years.

‘For emphasis, no amount of billboard destruction can erase the people’s love and acceptance of Senator Sharafadeen Alli or rewrite the woeful record of the outgoing administration in local government administration, agriculture and health, to mention a few.

‘As the chief security officer of the state, we are reminding Governor Makinde that he is directly responsible for peace in Oyo State, and should, therefore, warn his supporters to desist from acts that can promote breakdown of law and order.

‘We call on the Oyo State Commissioner of Police, Director of the Department of State Services (DSS) in Oyo State and other security agencies to act fast, investigate this plot and ensure protection of lives and property, including campaign materials which are legally deployed.

‘We advise all APC members and supporters across the state to remain calm, law-abiding and resist provocation by miscreants who are in a desperate mood.

‘Oyo State voters deserve issue-based campaigns, and the APC shall resist moves to drag it into deliberate distraction from germane issues before Oyo State voters this time. No group of thugs acting under any political colouration should be allowed to disrupt that peace.

‘The people of Oyo state have already decided to vote for competence and character in their determination to move Oyo State AHEAD through the ballot in 2027.’

Meryl Streep to voice Aslan in new ‘Narnia’ films, confirms Greta Gerwig

As Ariana Grande herself sang, “God is a woman.”

Oscar-nominated filmmaker Greta Gerwig has confirmed that veteran actress Meryl Streep will be the voice of the lion Aslan in her Netflix movie adaptations of “The Chronicles of Narnia,” the popular book series by C.S. Lewis.

Speculations regarding Streep’s involvement have been circulating for a year but Gerwig made the casting official in an interview with Empire magazine which shared a first look image of deity-like animal.

Gerwig’s take on Aslan sees the talking lion with visible colors on his coat and whiskers, but standing out are the feline’s heterochromic eyes. The creative design, according to the director, is inspired by the late rock star David Bowie.

“I wanted someone who was profound but not pretentious, who had gravitas but not morose self-seriousness. Someone who could communicate depth and pathos as well as joy and delight,” Gerwig said about tapping Streep for a second time after 2019’s “Little Women.”

“I wanted someone who was older than 70, so there was a wisdom of experience, but who also had the capacity of fresh wonder, like a child. And also to be one of the greatest actors to ever do it. That list is not a long one,” she also said.

Bowie isn’t the only inspiration for the film as Gerwig also credited the music of Paul McCartney, David Gilmour, Pete Townshend, Jimmy Page, and Robert Plant for assuring her.

“Narnia is literally a world made out of music. It is a world sung to life by Aslan, and rock ‘n roll to me felt like a world made out of music,” the director added.

Gerwig will begin her adaptations of “Narnia” with “The Magician’s Nephew,” the penultimate one penned by Lewis but the first one chronologically.

It will follow the adventure of two children, Digory and Polly (relative newcomers David McKenna and Beatrice Campbell), discovering Narnia after the latter’s uncle Andrew gives them a magical ring.

Also in the film are Carey Mullihan, Ciarán Hinds, Denise Gough, Susan Wokoma, Kobna Holdbrook-Smith, Samantha Spiro and Emma Mackey as Jadis, the future White Witch.

“Narnia: The Magician’s Nephew” will be the first Netflix film to get a wide theatrical release, coming out this February, before moving to the streaming platform in April.

Malaysia’s Petronas ready to supply LNG to Philippines

As the Philippines grapples with the twin pressures of the raging Middle East war and persistent power supply constraints, additional support may lie just across the sea – in neighboring Malaysia.

Malaysian state-owned energy giant Petronas has reaffirmed its interest in supplying liquefied natural gas (LNG) to the Philippines, eyeing an opportunity in the latter’s growing demand for reliable fuel.

‘We are engaging ourselves directly with some of the players in the Philippines with regard to how we can work together and support LNG requirements for the Philippines,’ Petronas LNG Ltd. CEO Rosdi Ab Rahman said on the sidelines of Gastech 2026 here in Thailand’s capital.

Ab Rahman did not identify the companies involved, but said ‘a lot of discussion is ongoing now’ as talks over potential LNG contracting strategies continue.

Petronas has previously delivered spot LNG cargoes to the Philippines from its massive LNG complex in Bintulu, Sarawak in Malaysia.

Ab Rahman said LNG cargoes from Malaysia could reach the Philippines in around two days. That proximity could prove valuable as buyers seek greater flexibility amid heightened volatility in global energy markets.

Petronas is banking on its geographic advantage to position itself as a reliable LNG supplier to the Philippines and other Southeast Asian markets.

While Petronas could not meet the region’s entire LNG demand amid ongoing supply disruptions in the Middle East, Ab Rahman said the company is doing everything it can to help fill part of the gap.

This includes accelerating upstream production to strengthen gas supply and investing in a modern fleet capable of delivering LNG safely and reliably to partners.

‘These are the things that we are really focusing on to make sure that we are always ready to provide the necessary support to all of our friends in Southeast Asia, especially in the Philippines,’ he said.

Since 2017, Petronas has delivered more than 200 LNG cargoes across the region, building a growing network of 34 existing buyers and 87 active contracts.

In the Philippines, LNG is viewed as a transition fuel, helping reduce its heavy dependence on coal while providing a more flexible pathway toward cleaner power sources.

In the central and southern parts of the country, the simultaneous shutdown of several large, aging coal-fired power plants has triggered rotating brownouts and driven electricity prices higher.

Asian Games: Philippines eyes medals in busy September 20 slate

Team Philippines has medal opportunities in soft tennis, teqball, wushu and triathlon among a crowded Sept. 20 program at the Asian Games 2026 in Japan.

The Philippine women’s soft tennis team faces host Japan in the semifinals, putting the squad within reach of the medal rounds.

Prince Agustin will play Myanmar’s Friday Saw for bronze in men’s singles teqball, giving the Philippines a direct opportunity to add a medal.

Wushu also offers multiple chances for the delegation. Agatha Wong competes in women’s taijiquan and taijijian, while Jenifer Kilapio takes part in the women’s 52-kilogram sanda quarterfinals.

Four Filipino triathletes are also scheduled for individual finals at the Gamagori City Triathlon Venue.

Iñaki Emil Lorbes and Fernando Jose Casares are entered in the men’s individual final at 8:30 a.m. event-local time, while Raven Faith Alcoseba and Marion Kim Mangrobang compete in the women’s individual final at 11 a.m.

The Philippine swimming campaign begins with Gian Christopher Santos in the men’s 200-meter individual medley. The country is seeking its first Asian Games swimming medal since Ryan Papa won two bronzes at the 1998 Bangkok Games.

In women’s beach volleyball, Sisi Rondina and Bernadeth Pons open against Bangladesh.

Alas Pilipinas, the Philippine women’s volleyball team, faces Qatar in the classification round after missing the quarterfinals.

The program gives the Philippine delegation a mixture of direct medal opportunities and chances to advance deeper into competition one day after the Asian Games opening ceremony.

Philippine Sports Commission Chairman Patrick Gregorio urged the delegation to keep its focus as competition intensifies.

‘You have worked hard and sacrificed much to be here,’ Gregorio said in a statement. ‘Focus your mind and remember your purpose-for yourself, your family, and the country.’

Philippines chicken imports seen rising next year

The Philippines is expected to import more chicken meat next year due to higher demand from the manufacturing and food service sectors, according to the US Department of Agriculture (USDA).

In a report, the USDA’s Foreign Agricultural Service said that Philippine chicken imports are estimated to reach 780,000 metric tons (MT) in ready-to-cook equivalent in 2027.

‘Imports are forecast to trend upward as demand from the food manufacturing and food service industries continues to rise, driven by population growth and better economic performance projected for 2027,’ it said.

The recent estimate is 14.7-percent higher than the revised 680,000 MT in ready-to-cook equivalent seen for 2026.

According to the international agency, Brazilian chicken would continue to dominate the chicken market next year due to its price advantage relative to other suppliers to the Philippines.

Imports from Brazil are expected to capture the majority of the market in total Philippine chicken meat imports.

Citing industry contacts, the USDA said that prices for Brazilian chicken meat remain competitive compared to other trading partners, particularly the United States, the European Union and Canada.

Imports of mechanically deboned meat (MDM) of chicken from Brazil made up about 66 percent of all imports as of July, according to the Bureau of Animal Industry.

MDM chicken is a typical ingredient in manufactured products, including hotdogs and luncheon meat.

The USDA noted that regionalization agreements for Highly Pathogenic Avian Influenza, or bird flu, with several countries could also allow the eased entry of foreign chicken meat to the Philippines.

Under the scheme, the government will no longer impose a country-wide ban on poultry imports during bird flu outbreaks; instead, the importation of poultry products will be allowed in case-free areas.

Meanwhile, the USDA said that local chicken meat production is forecast to reach 1.92 million MT next year, a 5.8-percent increase from the 1.82 million MT estimate this year.

‘This growth is supported by expanding operations among poultry integrators and other commercial farms, alongside efficiency gains from labor- and time-saving technologies, improved genetics and continuing training for farm personnel,’ it said.

The international agency noted that the local swine sector’s incomplete recovery from African swine fever continues to support poultry output, as raisers have veered away from hog production to poultry.