We need more optometrists to save young Filipinos

As over 26 million students returned to school for the 2026-2027 year, attention has again been drawn to the persistent ‘learning crisis’ affecting education. Experts argue that this crisis will persist unless the classroom shortage is addressed, teachers are properly supported and the lack of textbooks and learning materials is resolved.

Why do our students perform poorly in international assessments? One possible cause is a basic issue – they struggle with accurate reading, which may be due to vision problems that hinder clear sight.

It is estimated that over 28 million Filipinos struggle with near vision, mostly due to poverty that prevents them from affording eye exams or glasses.

In my discussion with Universiti Kebangsaan Malaysia’s leading optometrist Dr. Rokiah Omar, I learned that children are the most vulnerable because they seldom complain about poor vision. They don’t know what ‘normal’ vision should be, so a blurry world feels natural to them.

The brain and eyes actively learn to work together, a process that continues until a child is about seven or eight years old. If a child has a vision problem during these formative years, the brain may permanently ignore blurry signals from the affected eye.

International medical guidelines recommend starting formal vision screenings around age three, with yearly tests until age six. Delaying early detection of vision problems raises the risk of amblyopia, or ‘lazy eye,’ when one or both eyes don’t develop normal vision during childhood. The brain often favors the stronger eye, gradually ignoring signals from the weaker eye.

If a corrective lens or eye patch isn’t used before age seven, the brain’s neural pathways solidify, leading to permanent visual impairment in that eye – something that glasses or surgery can’t correct later.

Early childhood is therefore a critical window for visual development, and providing a child with eyeglasses is one of the most powerful educational and economic interventions. Experts say that a child with uncorrected vision learns about half as much in a year as a classmate with good vision.

A child’s ability to see the blackboard clearly directly affects their learning, graduation and ability to find skilled jobs. When a child can’t see the board or focus on a book, going to school becomes a frustrating experience. Because young children often don’t recognize their vision issues, teachers and parents may mistakenly think they are slow learners, have ADHD or lack intelligence.

But we cannot help these students because of the ongoing crisis in the country’s optometry profession. While there are more than 12,000 registered optometrists, only about half are actively practicing. This leaves us well below the WHO-recommended 1:10,000 optometrist-to-population ratio.

This small number is compounded by our archipelagic character and in many places, Filipinos never have their vision checked.

All higher education institutions that offer a Doctor of Optometry are private, lengthy and costly programs. They typically require five-six years and cost between P600,000 to P750,000 for the entire duration. These expenses do not include the cost of ophthalmic instruments such as retinoscopes and ophthalmoscopes, clinical fees, internships or board review classes.

This means there are fewer graduates, and many of those who graduate practice their profession abroad, open clinics or remain in urban areas.

The government has been fond of enacting policies that appear to address the problem. The National Vision Screening Act (RA 11358), enacted in 2019, mandates a National Vision Screening Program (NVSP) under DepEd to screen kindergarten pupils’ vision.

The NVSP requires teachers and health personnel to conduct basic vision screenings for kindergarten students. This helps identify potential visual issues early, provide immediate support to visually impaired children, establish a referral system for specialist examinations and treatments and compile a database of vision screening outcomes for all kindergarteners.

While these goals are admirable, how can they be realized amid the country’s optometry crisis? Who will train the thousands of teachers in vision screening? Who will offer immediate assistance to visually impaired kindergarten students? Who will perform follow-up diagnoses at regional or local levels? How can you persuade or mandate that optometry students complete their internships by screening children, or that graduates join this effort?

This is most likely a dead law.

Dr. Charlie Ho, a four-term national president of the Integrated Philippine Association of Optometrists (IPAO) and the founding president of the Vision Science Institute, provides a practical solution.

We need to open optometry programs at state universities and colleges (SUCs) to expand access by lowering costs (through ongoing free tuition and waived miscellaneous fees) and to require a return-service agreement so that students can serve in far-flung areas. These students (or graduates) can be the backbone of DepEd’s implementation of RA 11358. Similar to the successful Doktor Para sa Bayan law, CHED can provide grants to participating SUCs for equipment purchases and additional stipends to cover students’ other educational costs.

So far, only UP Manila Chancellor Mike Tee has risen to the challenge of developing a Doctor of Optometry program in response to the optometry crisis to help young Filipinos.

When will other SUCs follow suit, and when will CHED step in to address the issue?

Bianca Umali, Julia Barretto want another collab after ‘Always Mine, Never Yours’

A first-time feature collaboration between Julia Barretto and Bianca Umali has two actresses wanting to work again once the right material comes along.

Cathy Garcia-Sampana’s “Always Mine, Never Yours” marks Bianca’s debut in a Star Magic film. Headlining the movie are Julia and her perennial onscreen partner Joshua Garcia.

During the media conference for the film last September 18 in Taguig, Bianca recalled how she reacted upon being approached a role in the film.

“My first reaction honestly, my breath stopped for a while when it was initially offered,” the actress-host said, noting all the milestones working on the movie would mark.

Bianca particularly praised the material written by Vanessa R. Valdez, with the help of Olivia Lamasan and Trishtan Perez.

“Kung paano sinulat [character ko]… is the ultimate reason why I know [my character] came into my life at the right time, at the right phase of who I am in real life,” Bianca added, careful not to give too much away, “And why I know she is also a representation of kung anong klaseng pagmamahal yung paninindigan.”

Julia and Bianca had previously worked together as models for a shampoo brand which is where their professional relationship began, leading to excitement upon setting foot on the “Always Mine, Never Yours” set.

Bianca also shared having the same star sign, Pisces, as Julia (both were born in early March) hence why they understand each other’s moods.

“If the right project comes, I mean, why not?” Bianca said on the prospect of working with Julia again. “It’s a good conversation in time to have this kind of expansion in everyone’s careers, everyone is in the collaboration era.”

The actress-host also praised Julia as a great actress and the anticipation of doing more scenes with her.

Reciprocation

Julia revealed that Bianca’s character Gaea mostly shares scenes with Joshua’s Apollo in “Always Yours, Never Mine” and really only has one intimate scene with her Luna.

Still, the actress recalled telling Valdez the sequence between Luna and Gaea was her favorite scene in the entire movie.

“I think coming together and having the conversation in that scene was so moving,” Julia shared. “I’m excited for a lot of other women to see and resonate with it.”

She mirrored Bianca’s praise by calling the latter “a breath of fresh air” on set and doing a good job with her character.

Julia quipped that she and Bianca’s looks were ready to be paired for another project, commending the new haircut Bianca got. “It’s a material we’ll wait for, at the right time, but game!” the actress ended.

“Always Mine, Never Yours” also starring Joy Barcoma, Karen Reyes, Bob Jbeili, Migs Almendras, and Chanda Romero premieres in Philippine cinemas this September 30.

What your handbag says about you

Every handbag carries a quiet language. Long before you pull out a card or check your phone, the silhouette on your arm or shoulder sends a clear signal about how you navigate the day, what you prioritise, and how you show up in the world.

Accessories act as functional signifiers, offering an immediate glimpse into a person’s lifestyle, career demands, and personal values.

The oversized tote serves as the ultimate companion for the individual who moves through long days with dynamic energy. Carrying everything from a laptop and tech accessories to a cosmetic kit and spare footwear, this choice reflects an analytical mindset that prepares for every possible scenario. It signals that functionality, momentum, and readiness take precedence over mere aesthetic minimalism.

The structured top-handle bag establishes an aura of deliberate composure and timeless authority. Sharp architecture and firm leather construction mirror a disciplined lifestyle built on clear standards and professional control.

This silhouette communicates that the wearer values poise, commands respect in formal settings, and approaches daily routines with structured precision.

The hands-free crossbody bag appeals directly to the pragmatic individual who prioritises agility and ease.

By keeping the hands unencumbered, this style signals an active lifestyle spent navigating fast-paced environments, commuting, or travelling light. The wearer balances functionality with effortless style, choosing to carry only key essentials while focusing fully on the experience at hand.

The sleek shoulder bag represents a balanced approach to modern elegance. Designed to sit comfortably tucked under the arm, it holds a thoughtfully edited selection of items without adding bulk.

This choice reveals a curated personality that appreciates refined design, values streamlined daily transitions, and avoids carrying unnecessary emotional or physical baggage.

The micro or mini bag transforms an everyday utility item into an expressive statement of freedom. Holding little more than a smartphone and a single card, this piece signals that the owner is untethered from the usual demands of daily logistics.

It highlights a playful, trend-conscious attitude that views fashion strictly through the lens of art and individual style.

The sculptural or statement clutch reveals a bold design sensibility and a high degree of creative confidence. Featuring unconventional shapes, rich textures, or striking hardware, this accessory functions as a visual conversation starter.

It signals an artistic disposition, an eye for luxury craftsmanship, and a natural willingness to set trends rather than follow them.

Beyond the exterior silhouette, the internal organisation of a handbag offers a deeper look into individual habits.

Thoughtfully categorised pouches, structured organisers, and pristine interior pockets point to an analytical mind that thrives on order and predictability.

Conversely, an interior filled with scattered notes, multiple lip balms, and loose receipts reflects a spontaneous, highly active lifestyle driven by a packed schedule and constant creative energy.

Nigeria is back on the global investment map – now comes the real test

J.P. Morgan and FTSE Russell are putting Nigerian assets back in front of global investors. The opportunity is significant: more foreign demand could lift bond prices, support the naira and deepen the market. But the real test is whether that interest can survive when the conditions attracting it change.

Nigeria is back on the global investment map. The real test now is whether the foreign capital returning to Nigerian markets can remain when the conditions that attracted it begin to change. On September 14, J.P. Morgan assigned Nigeria a 7.40 percent weighting in its new Government Bond Index-Emerging Markets Edge (GBI-EM Edge), covering about $17.47 billion of eligible Nigerian government bonds across 16 instruments. On September 21, FTSE Russell’s reclassification of Nigeria from Unclassified to Frontier Market status took effect.

The two developments should increase Nigeria’s visibility among international investors and potentially bring additional demand for naira assets. For the government, stronger demand for local bonds could help lower yields and borrowing costs. For existing bondholders, higher prices could create capital gains. For equities, greater international visibility could broaden the investor base and improve liquidity. But benchmark inclusion does not mean $17.47 billion of new money is arriving.

The $17.47 billion is not new money

The figure represents Nigerian government securities eligible for inclusion in the J.P. Morgan index. It is not a cheque for $17.47 billion entering Nigeria. The GBI-EM Edge covers about $328 billion of local-currency government debt across 26 markets. Nigeria’s 7.40 percent allocation is close to the 8 percent country cap.

Actual inflows will depend on the amount of capital tracking the index, investor mandates and the speed at which portfolios are rebalanced. The attraction is nevertheless clear. Nigerian eligible bonds offer an average yield of 17.1 percent, compared with roughly 10.4 percent for the broader index. That yield is the immediate hook for global fixed-income investors. But it comes with a currency bet.

The naira determines whether the yield works

A foreign investor buying a naira-denominated government bond earns the local-currency yield but also takes exposure to the exchange rate. At 17.1 percent, Nigerian bonds offer a large yield differential against major developed-market currencies. If the naira remains relatively stable, that differential can make the trade attractive. If the currency depreciates sharply, however, exchange-rate losses can overwhelm the interest income when returns are measured in dollars.

Nigeria’s capital-importation figures show how important portfolio flows have become. Total capital inflows reached $23.22 billion in 2025, up from $12.32 billion in 2024, while foreign portfolio investment accounted for $19.74 billion. That makes the durability of the inflows more important than their initial size.

Nigeria entered J.P. Morgan’s government bond index in 2012 after developing a more active domestic bond market. Foreign participation increased, helping bond prices and supporting the naira through additional demand for local assets. The conditions later deteriorated.

In 2015, J.P. Morgan placed Nigeria on an index watch list amid concerns over foreign-exchange liquidity, capital repatriation and exchange-rate transparency. Nigeria was subsequently removed from the index.

The reversal showed how quickly portfolio flows can affect domestic markets. Foreign investors selling naira assets need dollars to repatriate their proceeds, creating simultaneous pressure on bond prices and the currency.

The same capital that can amplify an inflow can amplify an outflow.

Three variables will determine the next phase:

The first is the naira. Faster depreciation would reduce the attractiveness of local-currency assets to dollar-based investors. The second is global risk appetite. When investors become more defensive, high-yield frontier-market positions can become sources of liquidity rather than destinations for it.

The third is domestic policy. Improvements in FX-market functioning and capital repatriation helped address some of the problems that previously damaged Nigeria’s index eligibility. Maintaining those improvements will be critical to keeping international investors engaged.

What this means for Nigerian investors

For domestic bondholders, foreign demand could push prices higher and yields lower, creating capital gains for existing holders. But investors need to distinguish between income and price appreciation.

J.P. Morgan’s eligible Nigerian securities have an average duration of 3.38 years. An investor holding a bond to maturity faces a different risk from one buying primarily for capital gains. The latter is more exposed to a reversal in foreign demand. The same applies to equities.

FTSE’s reclassification should raise Nigeria’s international visibility and potentially broaden the investor base. But index inclusion does not replace company fundamentals. Investors still need to examine earnings, cash generation, balance-sheet strength and valuation rather than assume that foreign demand will support prices indefinitely.

The real test begins after the inflow

Nigeria’s return to global benchmarks can deepen markets, broaden institutional participation and potentially reduce the cost of capital. But the more durable prize is not the initial inflow. It is building a market that remains investable when global conditions become less favourable.

For domestic investors, that means matching bond duration with investment horizons, maintaining adequate liquidity and separating fundamental value from index-driven demand. Nigeria has spent years trying to regain a place on the global investment map. Now comes the real test: whether the country can turn renewed foreign interest into deeper, more resilient markets before the next shift in global capital begins.

Senators should consider commuting to work – Sherwin

Senate President Sherwin Gatchalian urged his fellow lawmakers yesterday to try commuting to work, inspired by a Department of Transportation policy requiring key DOTr officials to experience the daily troubles of the riding public firsthand.

During the Senate finance subcommittee hearing yesterday on the DOTr’s proposed P300.96-billion budget for 2027, Gatchalian praised Transportation Secretary Giovanni Lopez for maintaining a memorandum order from last year that mandates transport officials to commute at least once a week.

Lopez confirmed he still adheres to the directive without posting his commutes on social media, though he admitted he cannot vouch for his subordinates.

‘To be honest, I don’t know if my subordinates are doing the same. That’s something I cannot check anymore,’ he said.

Gatchalian commended Lopez for keeping the practice low-profile and suggested that members of the upper chamber – citing Sen. JV Ejercito, who regularly bikes to the Senate – should follow suit.

‘In fact, us senators should also do this, to be honest about it,’ Gatchalian said.

Railway update

The DOTr is projecting that up to one million vehicles will be removed from the roads once the country’s major railway projects are fully operational.?

During the subcommittee hearing, Lopez said combining the North-South Commuter Railway (NSCR), Metro Manila Subway, MRT-3 and MRT-7 would eventually serve around five million daily commuters.?

He was responding to Sen. Erwin Tulfo’s frustrations that the Philippine transport system is lagging behind its ASEAN neighbors.?

‘When all that combines and is operational, we see it benefiting up to five million passengers every day using that railway system,’ Lopez said, noting that dividing this volume by an average of five passengers per car equates to one million fewer vehicles on the road.?

Meanwhile, Gatchalian flagged P295 million in commitment fees paid to foreign lenders for long-delayed transport projects.?

He pointed out that the South Commuter Railway Project incurred P91 million in fees for undisbursed loans, while the Davao Public Transport Modernization Project racked up P85 million, primarily due to years-long right-of-way disputes.?

‘Whether the project is on time or not, that is our obligation for them making the loan available to us. This P295 million, these are commitment fees that were incurred because of delayed projects,’ Gatchalian stressed, urging the DOTr to cancel unnecessary Official Development Assistance loans to avoid mounting penalties.

PHL’s Schools of Encounter Foundation Inc.: Fulfilling Pope Francis’ vision for education

IN 2001, then-archbishop of Buenos Aires Jorge Mario Bergoglio initiated an educational effort to bring together young people from different social, religious, and cultural backgrounds.

The initiative would eventually develop into Scholas Occurrentes: an international educational movement associated with Pope Francis.

The prelate considered young people as part of one family-that of the human race. It was no surprise that when he became the beloved pope, ‘Scholas’ made its mark as a pontifical foundation, with a presence in more than 15 countries.

As the Filipinos’ well-loved ‘Papa Francesco,’ the departed pope still makes his presence felt in the country through ‘Scholas” official Philippine partner foundation: the Schools of Encounter Foundation Inc. (SEFI).

The foundation’s president Ma. Clara ‘Kim’ Acuña-Camacho hosted a press briefing on September 16 to introduce her core team and discuss their initial efforts to bring SEFI to the Philippines.

Camacho explained that the Scholas are actually ‘schools of meetings (escuelas de encuentro),’ and that Pope Francis ‘badly’ wanted the Philippines to be part of its global network.

According to her, Scholas operates as one of the pope’s ‘most cherished educational endeavors.’ She and her husband, former Finance and Energy Secretary Jose Isidro Camacho, met the late pontiff before he passed away to establish Scholas in the Philippines and bring his vision of education to the country.

That served as the Camacho couple’s impetus to launch SEFI in early 2026. She said it was a ‘direct expression of his deepest educational hopes and love for the Filipino people.’

According to Executive Director Rayla Allertsen, SEFI’s objective is unmistakable: ‘The Filipino youth needed to be seen, heard, and matter.’

Culture of encounter

A MEMBER of SEFI’s core team, Argentinian Manuel Dez Guistino had the rare privilege of traveling with Pope Francis on his trips some 11 years ago.

For Guistino, the most vital question for young people now is: ‘How are you?’

‘Nowadays, it’s not a good time for them,’ he said. ‘Social media-despite being such-affects them a lot, and sometimes in a not-so-good way.’

SEFI’s aim, and challenge, Guistino explained, is to invite as many of them as possible to be part of the change: ‘Our mission is to create spaces for young people from diverse backgrounds. Connections can change the world.’

With that in mind, he shared that plans are underway to stage a five-day SEFI congress in Indonesia, with the theme of ‘AI and Humanity.’

The Argentinian spoke about three languages: that of the ‘heart, mind, and heart,’ for young people to become ‘better leaders, and better persons.’

‘Ultimately,’ he remarked, ‘it’s all about interconnection.’

Another member of the Scholas team in the country, Delfina Bejar works full-time with Scholas as a project manager. Starting as a volunteer, she worked tirelessly to help curb incidents of suicide in the Argentinian village of San Antonio.

‘Scholas encouraged young members and gave them tools to create solutions and come up with initiatives,’ Bejar told the group. ‘We created a form of cinema as their very own space to share [their thoughts and feelings], and be heard.’

Bejar said the initiative was followed by a reduction in reported cases, eventually reaching zero.

‘Protagonists of change’

SEFI officials said they are scheduled to hold a formation for facilitators on September 19 and 20, comprising an equal number of Quezon City-based public and private schools, both Catholic and non-Catholic.

As a progressive city local government unit, SEFI officials said the initiative has received support from Quezon City Mayor Josefina ‘Joy’ Belmonte and the city’s Department of Education Schools Division Office.

Stakeholders were urged to encourage student participants to consider the idea that ‘the person different from me matters.’ To do so, they should accompany the young participants in their encounters and help initiate meaningful discussions during the gathering.

‘We should develop them and make them protagonists of change,’ Allertsen said, believing Filipino youth should think about creating ‘communities in motion.’

The SEFI official said they are currently in talks with Far Eastern University and the University of the Philippines about future participation in their initiatives.

They include establishing Scholas Clubs at the two universities and other schools.

These clubs, she said, are already present in more than 20 countries, and SEFI would like the Philippines to join that expanding youth network to distill ideas. This will also give Filipino teachers a platform to connect with peers globally.

Possible national movement

FOR his part, former secretary Camacho feels traditional Philippine education is designed to teach for livelihood. Still, it lacks aspects like dealing with confrontations and teaching young kids how to face issues and societal problems.

He said this can result in teenagers living in their own microcosms, with limited opportunities for children from diverse backgrounds to interact.

The former secretary believes ample support from Scholas will bring various youth groups together, instill civic-mindedness, and connect schools.

‘I do hope Scholas will become a national movement,’ he remarked.

Through SEFI, the educational vision associated with Pope Francis is beginning to take root in the Philippines. Its organizers hope that encounters among young people from different backgrounds will encourage greater understanding, strengthen connections, and help develop what they describe as ‘protagonists of change.’

Unknown master: Uncovering Sri Lanka’s father of abstract art H.A. Karunaratne

H.A. Karunaratne is a contradiction in the realm of Sri Lankan art: although he is regarded as the father of abstraction by those familiar with his work, he remains unknown to a large segment of the general public. In order to fully grasp him, one must not merely look at the dates of his life; rather, his story is to be found in his artistic independence, in his refusal to adhere to the usual cultural trends, and in the quiet authority which he exercised over successive generations of artists; it is a story based on instinct, discipline and a rare dedication to beauty.

Karunaratne was born in April 1929 and grew up in Kotalawela, Kalutara, a village inhabited by potters, blacksmiths and jewellery makers. The colours, shapes and textures offered by these artisans had an early effect on his imagination. Even at the age of four, he was drawing on the lime-covered walls of his family’s house, a thing which caused great annoyance to his parents. Though he was a hard-working student, his first teachers never fully realised his talent, and since he didn’t receive formal instruction, he taught himself to paint. When he eventually went to Art College in Colombo in 1952, he was already determined to break with the established norms. Where other students painted realistic figures, he reinterpreted Buddhist monks using geometric squares and triangles. His classmates mockingly referred to him as ‘Picasso’, but the critics and teachers regarded the young artist’s bold experiments as promising and hailed him as one of the ‘most promising of the brush wielders’.

That natural tendency to seek out form later made Karunaratne one of the most influential teachers in the country. At the Institute of Aesthetic Studies, which is now the University of Visual and Performing Arts, he never asked his students to copy him. He thought that art could not indeed be taught in a strict way; a teacher could do no more than ‘show the way’. His lessons frequently started outside the studio. Wearing a simple T-shirt and taking the public bus, he would point out the soot stains on the ceiling, the moss, the rusted metal or the weathered surfaces, illustrating to his students how ordinary textures could serve as a starting point for composition.

In the studio, he always demonstrated by example; former students recalled the quick, spontaneous way he worked and how he encouraged them to appreciate texture and find the inner beauty in their materials. His advice was straightforward and easy to remember: ‘Don’t muddy your work.’ By that, he meant something more than just using a clean palette; he was asking his students to preserve the clarity of the canvas, the honesty of the brushstroke and the purity of their own intuition. Instead of forcing a preconceived idea onto the surface, he told them to ‘let it paint’.

His art went through several definite stages, influenced by changes in his environment and by his growing spiritual interests. In the 1950s, Karunaratne began to move away from academic realism and experimented with how far figurative forms could be pushed into abstraction. The scholarship that brought him to Tokyo in 1959 was a major turning point; while immersed in Japanese culture, he studied printmaking and lithography and took in the principle of minimal form, the sense of immediate touch, and the quiet balance linked with Zen philosophy.

In 1965, he underwent another change when he went to New York on a Fulbright scholarship, where he was introduced to the strength of American Abstract Expressionism. Although he was influenced by the expressive energy of artists like Jackson Pollock and Mark Rothko, his fully developed abstract style did not merely copy theirs. While many American painters derived inspiration from the anxieties of the post-war period, the theme of Karunaratne’s work was based on Buddhist concepts of impermanence and meditation. Just as he did with corroded barrels and surfaces covered in moss, he incorporated local and global influences into a form that was clearly his own.

The freedom that formed the basis of Karunaratne’s status as an artist meant pursuing a rapid, spontaneous process, guided by instinct yet controlled by years of observation. He would directly fasten ordinary materials such as wire, burnt paper and metal to his canvases, thus expanding the range of what painting could contain.

His contribution to modernism has now received important international recognition. Frieze Masters London invited Saskia Fernando Gallery to present a solo exhibition of his work, making it the first Sri Lankan gallery to show at the leading global art fair. Presented in the fair’s respected Spotlight section, the exhibition focuses on his early abstract works and his bold use of unusual materials. It also makes Karunaratne the second Sri Lankan artist to be featured at Frieze Masters, placing his work within the broader international history of modern art.

For a modern and contemporary Sri Lankan artist to be shown in this space is a significant achievement, challenging the geographic and cultural limits that have long kept South Asian abstraction on the margins. It affirms that Sri Lanka’s modernist movements possess the depth, originality and lasting value to be considered alongside major developments in global art history.

The presentation at Frieze Masters London will feature H.A. Karunaratne’s early works from 1950 to 1970. Alongside this international presentation, Saskia Fernando Gallery and LYNEAR Wealth are excited to contribute to Sri Lanka’s thriving art ecosystem and broaden appreciation of Sri Lankan modernist art.

The partnership brings together Saskia Fernando Gallery’s curatorial expertise with LYNEAR Wealth’s perspective on long-term wealth creation. For LYNEAR Wealth, it is more than connecting collectors with art; it is about contributing to a globally recognised art ecosystem. Dr. H.A. Karunaratne’s presentation at Frieze Masters represents an opportunity for Sri Lankan modernism to gain international recognition. Through this partnership, we look forward to supporting greater institutional engagement and a growing community of artists, collectors and patrons.

Camera club of the Philippines celebrates 98 glorious years

The Camera Club of the Philippines (CCP), led by president Paul Resureccion, marked its 98th anniversary in distinguished and festive style at the Manila Golf and Country Club in Makati

City, with the theme ‘Through the Lens, One World: CCP at 98,’ inspiring members to don colorful costumes celebrating nations and cultures from around the globe. Adding prestige to

the elegant gathering were the organization’s newly inducted honorary fellows, Jollibee Group co-founder and executive chairman and Jollibee Group Foundation chairman emeritus Dr.

Tony Tan Caktiong and US Ambassador to Bangladesh Brent Christensen; lifetime member Tilak Hettige; and the glamorous Mutya ng Pilipinas queens.

Musical performances by the Peppermint Band and the husband-and-wife duo Thibault and Marga Momper brought lively cultural flair, while former CCP president and Informatics

Philippines founder Leonardo ‘Leo’ Riingen earned Best in Costume honors. Founded in 1928, the venerable organization continues to champion photographic excellence and camaraderie as it proudly looks ahead to its centennial in 2028.

A memorable day for Maruti

Radha Jewelry owner Wella Shah hosted a stylish Sail Away celebration for her husband, Maruti Shah, as he marked his 31st birthday aboard a luxurious multistory yacht docked at the

Manila Yacht Club in Roxas Boulevard, Manila. Guests enjoyed breathtaking views of the Manila Bay skyline and its world-famous sunset before indulging in a lavish buffet, free-flowing

drinks, and lively dancing to the music of an onboard DJ.

20th Asian Games in Aichi-Nagoya Sri Lanka seal semi-final spot with win over Malaysia

Sri Lanka booked a spot in the semi-final of the Women’s cricket competition at the Asian Games after an 86-run win over Malaysia in the third quarter-final played at Korogi Sports Park, Nisshin on Friday.

Both Chamari Athapaththu and Kavisha Dilhari starred in all-round capacities, scoring 63 off 37 balls (7 fours, 3 sixes) and 44* off 27 balls (6 fours) respectively before picking up two wickets each.

After opting to bat first, Sri Lanka endured a quiet start, making just 10 runs from the first four overs for the loss of Imesha Dulani’s wicket to a run out. The fifth over marked a change in tempo with Athapaththu taking 23 runs off Aisya Eleesa. That was followed by Hasini Perera striking two fours in the following over as Sri Lanka reached 38-1 at the end of the Powerplay.

Athapaththu continued to make merry and brought up her fifty off just 28 balls with a six in the 11th over. The partnership swelled to 80 off 53 balls before Nurin Imanina struck twice in the space of three overs to remove both set batters Athapaththu and Perera (23). Malaysia’s respite was short-lived as another substantial partnership worth 62 off 37 balls took place between Dilhari and Harshitha Samarawickrama (25) that powered Sri Lanka to 160-4.

Dilhari then returned to cause early damage with the ball too as she dismissed Wan Julia and Mas Elysa off successive deliveries to end the sixth over. Malaysia, who had already lost Ainna Hamizah Hashim to a run-out in the first over, finished the Powerplay on 25-3. They continued to struggle against the Sri Lankan bowlers for the remainder of their innings and were unable to get anywhere close to the asking rate.

Just one boundary was struck between overs seven and 18 as Malaysia added just 40 runs in that period. The result of the game was a foregone conclusion when Athapaththu claimed two wickets in the 19th over. Mithali Ayodhya too, added two wickets to her tally in the final over as Malaysia were restricted to just 74-7.

Sri Lanka are now set to face Pakistan in the first semifinal on Sunday.

Scores:

Sri Lanka 160-4 (20) (Chamari Athapaththu 63, Hasini Perera 23, Kavisha Dilhari 44*, Harshitha Samarawickrama 25, Nurin Imanina 3/29) beat Malaysia 74-7 (20) (Winfield Duraisingam 28, Mahirah Izzati Ismail 24; Mithali Ayodhya 2/15, Kavisha Dilhari 2/4, Chamari Athapaththu 2/3)

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.