Journalists challenged: Protect OSAEC survivors via responsible storytelling

LAPU-LAPU CITY, Cebu-For journalists, telling the stories of children who have survived sexual abuse and exploitation presents one of the most difficult challenges in reporting: How do you expose a crime that thrives in secrecy without exposing the very people who need protection?

This delicate balance between the public’s right to know and a child’s right to safety became the central discussion during a three-day media training on online sexual abuse and exploitation of children (OSAEC), held October 19-21 at Bluewater Maribago in Lapu-Lapu City, Cebu.

Organized by International Justice Mission (IJM) Philippines in partnership with the Philippine Survivor Network (PSN) and STET Women in Cebu Media, the training brought together 20 media practitioners from different parts of Visayas and Mindanao for discussions on ethical reporting, trauma-informed journalism and the responsibility of news organizations in protecting vulnerable children.

Under the theme ‘Stories That Matter, Communities That Protect,’ the gathering challenged journalists to examine not only how they report sexual exploitation cases but also whether their stories help survivors find justice or unintentionally deepen their suffering.

Several OSAEC survivors shared their insights during the duration of the training, with a consensus that a photograph, a video clip, a headline or even a seemingly harmless detail in a news report can help bring an injustice to public attention but cautioned that when handled carelessly, the same information can reveal a survivor’s identity, reopen traumatic experiences and expose a child to further harm.

For Patricia, a survivor and member of the Philippine Survivor Network (PSN), the responsibility begins with recognizing the human lives behind every story.

‘Behind every report is a life that matters, not just a headline, not just a statistic,’ she told the participating journalists.

Patricia, now a fourth-year college student pursuing a bachelor’s degree in secondary education, reminded the media practitioners that survivors should never be defined solely by the abuse they experienced.

‘We are not just numbers. We are students, workers, parents, leaders, advocates, and members of our communities,’ she said.

‘Every word, every image, and every detail can affect real lives,’ Patricia said.

When reporting is part of the problem

The organizers explained that for journalists covering crime, child protection and human rights, the challenge extends beyond gathering facts and interviewing sources.

‘A child’s face may be blurred in a photograph, but the surrounding environment, school uniform, neighborhood or family circumstances could still reveal the child’s identity. Even when names are withheld, the combination of details in a report can allow neighbors, classmates or other community members to identify a survivor.’

In video journalism, a voice, recognizable location or footage of a family home may create similar risks.

The rapid circulation of digital content further complicates the problem. Once photographs, videos and identifying information are published online, they can be copied, downloaded and shared far beyond the control of the original news organization.

For media practitioners accustomed to documenting disasters, armed conflict, crime and other sensitive situations, reporting on OSAEC requires another level of ethical judgment.

The question is no longer simply whether an image or piece of information is newsworthy, but whether publishing it serves the public interest without compromising the safety and dignity of a child.

Atty. Lovelie Faith Entoma-Forcadilla, IJM Philippines’ head of casework, emphasized that responsible reporting must begin with the principle of doing no harm.

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Journalists, she said, must balance the public interest with the best interests of the child, avoiding unnecessary interviews or descriptions that could force survivors to relive traumatic experiences.

Instead of repeatedly asking survivors to recount their abuse, reporters can seek information from social workers, aftercare providers, investigators and other qualified sources.

The goal, she explained, is to report on the crime and the systems that allow it to continue, rather than turn a survivor’s suffering into the centerpiece of a sensational story.

‘We want to tell the story of the crime, not the trauma of the survivor,’ Entoma-Forcadilla said.

A crime hidden in plain sight

The need for responsible reporting has become increasingly urgent as online child sexual exploitation continues to affect communities across the Philippines.

Entoma-Forcadilla pointed out to the participants how offenders use internet-connected devices, digital communication platforms and financial transactions to facilitate abuse.

Some cases involve the production and distribution of child sexual abuse or exploitation material, while others involve abuse transmitted live over the internet.

The exploitation may take place inside ordinary homes, sometimes involving people who have direct access to children, including relatives or even their own parents.

Entoma-Forcadilla cited findings from an IJM-supported study conducted in 2022 and released in 2023, which estimated that nearly half a million Filipino children were trafficked to produce new child sexual exploitation material that year.

The study, she said, also challenged earlier assumptions that the problem was concentrated in a few known locations.

Instead, its findings indicated that the threat extended across the country, including communities where cases were rarely reported or detected.

The figures underscore a troubling reality: A crime can remain largely invisible to the public even when it is occurring within communities.

For journalists, that creates a difficult reporting environment.

The training emphasized that unlike crimes committed in public spaces, online child sexual exploitation can take place behind closed doors, leaving few visible signs for reporters to document.

It added that fear, stigma and mistrust of authorities can also discourage survivors and families from coming forward. Yet the absence of reported cases does not necessarily mean that children are safe.

IJM pointed out that journalists can make a difference by investigating systemic failures, examining the response of authorities, explaining how communities can recognize and report suspected abuse, and holding institutions accountable without exposing survivors.

Seylan reports 9M PAT of Rs. 9.1 b

Seylan Bank yesterday said it posted a Profit Before Tax (PBT) of Rs. 14.04 million 3Q 2026, compared with Rs. 12.8 million in 3Q 2025, reflecting a year-on-year growth of 9.64%.

For the nine months ended 30 September 2026, the bank recorded a Profit After Tax (PAT) of Rs. 9.12 billion, an increase of 9.47% from Rs. 8.33 billion reported in the corresponding period of 2025.

Net Interest Income increased by 6.62% to Rs. 28.8 billion for the nine months ended 30 September 2026, compared with Rs. 27 billion recorded in the corresponding period of 2025. This growth was primarily driven by the significant expansion in the bank’s total assets over the year aptly supported by strong deposit mobilisation. However, the bank’s Net Interest Margin (NIM) declined from 4.5% in 2025 to 3.99% in 3Q 2026, due to the upward movement in market interest rates.

The bank’s net fee-based income recorded a growth of 18.19%, increasing to Rs. 7.1 billion in 3Q 2026 from Rs. 6 billion in the corresponding period of 2025. This growth was mainly attributable to increased fee income from cards, remittances, trade, loans and other financial services.

The bank’s total operating income increased by 8.87% to Rs. 37.2 billion in 3Q 2026, compared with last year’s Rs. 34.2 billion. This growth was primarily driven by increases in net interest income, net fee and commission income, net gains from derecognition of financial assets, and other operating income.

Total operating expenses increased by 13.54% to Rs. 18.6 billion for the nine months ended 30 September 2026, compared with Rs. 16.3 billion recorded in the corresponding period of 2025. Personnel expenses increased by 12.98%, from Rs. 8.7 billion to Rs. 9.9 billion, mainly due to annual salary revision. Other operating expenses including depreciation and amortisation expenses increased by 14.2%, reflecting higher prices of consumables and other related cost of services during the period. The bank continues to implement targeted cost optimisation initiatives to manage overhead cost effectively.

The bank recorded a net impairment reversal of Rs. 232 million in 3Q 2026, compared with a charge of Rs. 645 million reported in 3Q 2025. The bank continues to ensure that impairment provisions adequately reflect changes in global and domestic economic conditions, the credit risk profiles of customers, and credit quality of its loan portfolio. These measures are aimed at maintaining the adequacy of provisions recognised in the financial statements. The bank’s asset quality indicators remained stable, with the Impaired Loan (Stage 3) Ratio at 1.02% as at 30 September 2026, compared with 1.03% in December 2025. Meanwhile, the Stage 3 Provision Coverage Ratio stood at 84.98%, reflecting the bank’s Strong provision coverage.

Income tax expenses increased by 9.96% to Rs. 4.9 billion for the nine months ended 30 September 2026, compared with Rs. 4.5 billion in the corresponding period of 2025. Value Added Tax on Financial Services and the Social Security Contribution Levy increased by 10.53%, from Rs. 4.4 billion to Rs. 4.9 billion during the first nine months of 2026.

During the period the bank’s total assets surpassed the one trillion mark and increased to Rs. 1.01 trillion from Rs. 921 billion reported in 2025. Seylan Bank became the fourth private commercial bank in Sri Lanka to reach this milestone. The bank continues to attract new customers for loans and deposits, while strengthening relationships with its existing customer base.

Loans and advances recorded a net growth of Rs. 89 billion, reaching Rs. 689 billion, while customer deposits increased by Rs. 78 billion to Rs. 811 billion during the first nine months of 2026. The bank’s CASA ratio stood at 26%.

Key financial ratios and indicators of Seylan Bank PLC remained sound as at 30 September 2026. The bank maintained capital adequacy ratios well above the regulatory minimum requirements, with both the Common Equity Tier 1 Capital Ratio and the Total Tier 1 Capital Ratio standing at 11.12%, while the Total Capital Ratio stood at 15.14%.

The bank’s liquidity position remained strong, with the All Currency Liquidity Coverage Ratio (LCR) and the Rupee LCR recorded at 163.01% and 171.69%, respectively, both well above the minimum statutory requirements.

The bank’s asset quality indicators remained strong, with Impaired Loan (Stage 3) Ratio standing at 1.02%, compared with 1.03% in 2025. The Stage 3 Impairment Provision Coverage Ratio stood at 84.98%, one of the highest in the banking industry.

The Return on Equity (ROE) stood at 14.44%, compared with 15.89% in 2025, while the Return on Average Assets (before tax) was 1.94%, compared with 2.31% in the corresponding period.

The bank’s Earnings per Share (EPS) increased to Rs. 14.34 in 3Q 2026, compared with Rs. 13.10 recorded in 3Q 2025. As at 30 September 2026, the Net Asset Value per Share stood at Rs. 136.68 for the bank and Rs. 140.09 for the group.

The National Long Term Rating of Seylan Bank, was upgraded by two notches, to A+(lka) with a Stable Outlook by Fitch Ratings in 2025.

DOLE launches 24/7 labor hotline 1530, replaces 1349

The Department of Labor and Employment (Dole) has launched a new 24/7 nationwide hotline that will serve as a channel for workers and employers to raise labor-related concerns.

Accessible by dialing 1530, Hotline 15/30 replaces the agency’s former 1349 service.

Labor Secretary Francis N. Tolentino said the hotline will receive concerns involving workplace conditions, including inadequate ventilation and water supply, violations of labor standards, and employers’ failure to comply with labor advisories on El Niño.

The hotline is also open to employers, not just employees, who may need assistance on labor-related matters.

Dole initially deployed 20 personnel to answer calls around the clock, including during the graveyard shift.

Tolentino appealed to the public to refrain from making prank calls, warning that these could tie up the hotline and prevent people with legitimate concerns from reaching the agency.

The agency is still working to improve the speed of its response to concerns received through the hotline. Tolentino said some referrals to other agencies may take until the next working day.

Dole is also developing a referral mechanism with the Technical Education and Skills Development Authority (Tesda) to direct concerns within the latter’s mandate to the appropriate office.

Hotline 15/30 takes its name from the 15th and 30th days of the month, which traditionally serve as paydays for Filipino workers.

Halal Council wins Gold again, secures double honours at CNCI Achiever Awards 2026

The Halal Assessment Council (Guarantee) Ltd., (HAC) has once again secured the prestigious Gold Award and Top Achievers Award at the 25th CNCI Achiever Awards 2026 for Industrial Excellence, organised by the Ceylon National Chamber of Industries (CNCI) in collaboration with the Industry and Entrepreneurship Development Ministry.

This latest achievement marks HAC’s second consecutive year of winning both honours, building on its Silver Award in 2024 and demonstrating a consistent track record of excellence in Sri Lanka’s services sector.

Celebrating its 25th anniversary, the CNCI Achiever Awards recognise outstanding Sri Lankan enterprises for excellence in business performance, innovation, quality, productivity and sustainable growth.

Commenting on the achievement, HAC Director and CEO Aakif A. Wahab stated: ‘These awards are more than recognition of our achievements. They reflect the dedication of our team and the trust placed in us by Sri Lankan businesses and consumers. Our commitment is to ensure that credible Halal certification not only builds consumer confidence but also helps Sri Lankan products compete and succeed in domestic and international markets.’

With three consecutive years of national recognition, HAC continues to demonstrate how credible Halal certification can strengthen consumer trust, empower local businesses and create opportunities for Sri Lankan products in local and global markets.

Over 250 Raid Amazones participants arrive for international adventure challenge in Kalutara

Over 250 international women have arrived in Sri Lanka for the globally recognised adventure challenge Raid Amazones 2026, which began yesterday in Kalutara.

The contingent included competitors event organisers, media representatives and medical personnel. The 2026 Raid Amazones will be conducted until 10 November bringing international attention to the country’s adventure tourism potential, natural landscapes and distinctive hospitality.

Founded in 2001 by French adventure event specialist Alexandre Debanne, Raid Amazones is an internationally recognised women-only adventure challenge that combines physical endurance, teamwork and outdoor exploration with cultural discovery. The event encourages women to step beyond their comfort zones, build connections and experience destinations through meaningful interactions with local communities.

Returning to Sri Lanka for its eighth edition, the event will take participants through the diverse landscapes of Kalutara, including its coastline, rivers, wetlands, tropical vegetation and rural communities. Beyond the adventure activities, participants will have opportunities to discover Sri Lankan traditions, cuisine and the warmth of local hospitality.

Connaissance de Ceylan, one of Sri Lanka’s leading destination management companies, is serving as the official ground handling partner for Raid Amazones Sri Lanka 2026. The company is coordinating local ground operations, transfers and logistical arrangements, working closely with the international organising team and relevant stakeholders to ensure a seamless experience for the visiting participants and delegation.

Connaissance de Ceylan Director – Marketing and Business Development Maxime Wickramasinghe said: ‘Welcoming an international community of this scale is a wonderful opportunity to showcase what Sri Lanka has to offer. As the official ground handling partner, Connaissance de Ceylan is working closely with the Raid Amazones team to ensure that participants enjoy a smooth and memorable experience from the moment they arrive in the country. Beyond the operational aspects, we want every participant to experience our hospitality, discover our diverse landscapes and take home a genuine appreciation of Sri Lanka.’

The event is being delivered through a collaborative partnership between Raid Amazones, SriLankan Airlines and Connaissance de Ceylan, with the support of the Sri Lanka Tourism Promotion Bureau. Turyaa Kalutara serves as the official accommodation partner, hosting participants and the international delegation throughout the event.

Raid Amazones 2026 provides another valuable opportunity to showcase Sri Lanka as a destination where adventure, nature, culture and authentic experiences come together.

Globe Residence to host exclusive event on European residency opportunities in Manila

Globe Residence will host exclusive private events and appointments from 2nd November 2026 onwards, inviting guests to explore European residency and investment opportunities in Greece, Portugal and Italy.

Under the theme ‘The World Is Global. Should Your Residency Be? the event will highlight how European residency pathways can offer greater global mobility, investment diversification and flexibility for individuals and families planning their future. Participants will gain insights into available residency options, how Schengen access can assist both business and personal considerations by establishing a European connection.

‘Global mobility is about having options and making informed decisions for the future. We aim to help individuals and families understand the opportunities available and identify pathways that align with their personal and investment goals. Our advisers personally hold the residencies they recommend, offering first-hand experience and practical insight. We guide you through a journey we have taken ourselves,’ Jaime Gooi, Director of Globe Residence Phils. Inc.

There will be a private event for our selected readers (seats are by rsvp only to +639989953457 or email to info@globe-residence.com ) to discover European residency opportunities and engage with the Globe Residence team.

Turkiye’s annual inflation rate remains virtually unchanged at 29.77% in October

Turkiye’s annual inflation rate stood at 29.77% in October, remaining virtually unchanged from 29.73% recorded in September, according to the latest official figures.

The Turkish Statistical Institute (TurkStat) announced the data in a statement.

Consumer prices increased by 2.58% month-on-month in October, compared with a 1.84% rise in September. Since the beginning of the year, prices have climbed by 27.52%, while the average annual inflation rate over the past 12 months reached 31.23%.

Among the main expenditure categories, education recorded the highest annual price increase, at 48.86%. Healthcare services became 43.29% more expensive, while housing, water supply, electricity, gas and other fuels saw prices rise by 40.24%.

Transport costs increased by 36.39% year-on-year, while food and non-alcoholic beverages recorded a 27.73% increase.

On a monthly basis, food prices rose by 3.5% in October, while housing and utility costs increased by 2.84%. Transport expenses climbed by 2.02% over the same period.

Meanwhile, data from the independent Inflation Research Group (ENAG) showed that Turkiye’s annual inflation rate declined to 45.12% in October, down from 46.61% in September.

However, ENAG’s figures indicated that monthly inflation accelerated to 2.68% in October, compared with 2.1% in the previous month.

Golden Arches top PHL firm on Fortune best companies list

Golden Arches Development Corp., the George Yang-led owner of the master franchise to operate McDonald’s in the Philippines, was the top Philippine firm on this year’s Fortune magazine’s 100 Best Companies to Work For Southeast Asia.

The list came from a survey of 1.3 million employees ‘at every role and level about credibility, respect, fairness, pride and camaraderie, and these 100 organizations scored highest,’ Fortune said.

Golden Arches was ranked seventh in the region.

Meanwhile, Andrew Tan-led property developer Megaworld Corp. said it solidified its standing as a leading employer in the region after becoming the only Philippine real estate company to secure a place in the list for the second consecutive year.

Making a big leap to 22nd this year from 90th in the previous year, Megaworld said its rise underscores the strength of its people-first culture and its sustained commitment to creating a workplace for its employees across the country.

‘Being recognized once again among Fortune’s 100 Best Companies to Work For-Southeast Asia is a huge honor, but more importantly, it reinforces our responsibility to achieve more for our people,’ Lourdes T. Gutierrez-Alfonso, the company’s president and CEO, said.

‘This latest milestone inspires us to keep raising the bar in creating a workplace where every Megaworld employee-wherever they may be across the country-feels valued,

empowered, and given the opportunity to grow and succeed. When our people thrive, we all move forward, and so do the communities and lives we help build.’

Developed in partnership with Great Place to Work, Fortune’s list recognizes organizations that foster high-trust workplace cultures where employees take pride in what they do, feel valued and respected, and build strong, meaningful relationships with their colleagues.

Also on the list were Balibago Waterworks System Inc., ranked at 19th. Established on May 20, 1958, the company has grown from a local water provider in Angeles City and Mabalacat, Pampanga into one of the largest and most efficiently operated privately owned waterworks systems in the Philippines.

Cebu-based software company Arcanys Inc. was ranked 34th; BPO firms Genpact Services LLC -Philippine branch, 35th; Capital One Philippines Support Services Corp., 36th; Synchrony Global Services Philippines Inc., 41st and Carelon Global Solutions Philippines Inc., 47th.

Gokongwei-led Universal Robina Corp.’s branches in Malaysia and Indonesia was ranked 82nd, while General Motors Philippines was at 85th. Cardinal Health Inc. was ranked 89th; Lingaro (Philippines) Inc., 92nd; Hammerjack Pty Ltd., 94th; Altius Inspiro, 96th and Atlassian Inc., 100th.

Foreign currency debt exposes states to exchange rate risks

Several Nigerian states remain exposed to exchange rate risks because a significant proportion of their public debt is denominated in foreign currencies. This raises concerns about the sustainability of their borrowing and future repayment obligations.

The exposure persists even among states that recorded reductions in their total debt stock in 2025, according to BudgIT’s 2026 State of States Report, which identified foreign currency-denominated debt as a key measure of subnational debt sustainability.

The report noted that a high proportion of foreign debt makes state finances vulnerable to exchange rate movements, as fluctuations in the naira can increase the domestic currency cost of servicing and repaying external obligations.

Although the report acknowledged the relative stability of the naira over the six consecutive quarters preceding its assessment, it described foreign currency exposure as a risk that states should not ignore.

Abia, Anambra and Ondo were among the states with particularly high foreign currency exposure. Foreign debt accounted for 76.06 percent of Abia’s total debt stock, 92.73 percent of Anambra’s debt and 93.48 percent of Ondo’s N129.08 billion total debt.

BudgIT said the high foreign currency share of these states’ debt profiles exposes them to exchange rate movements even where their nominal debt stocks are stable or declining. in 2024 to N158.78 billion in 2025, largely through a 59.73 percent reduction in domestic debt, which fell from N28.68 billion to N11.55 billion.

However, the report said the currency composition of the state’s borrowing remained a concern, as foreign debt continued to account for 92.73 percent of its total debt.

Similarly, Abia reduced its total debt by 8.86 percent to N202.22 billion, but foreign debt still represented 76.06 percent of its outstanding obligations.

Cross River also recorded substantial exposure, with foreign debt accounting for 69.96 percent of its N457.31 billion total debt stock at the end of 2025. Its foreign debt increased by 10.11 percent from $202.46 million in 2024 to $222.92 million in 2025, while domestic debt declined by 16.28 percent.

The state spent N69.77 billion on debt servicing in 2025, representing 18.27 percent of its total revenue. BudgIT advised the government to strengthen exchange rate risk assessments, carefully evaluate new borrowing and prioritise concessional financing for projects with clear economic and social returns.

Edo State also recorded significant foreign currency exposure, with external debt accounting for 84.79 percent of its total debt in 2025.

Although the state’s total debt stock declined by 14.52 percent from N701.1 billion in 2024 to N599.3 billion in 2025, its foreign debt stood at $354.03 million, down from $383.05 million in the preceding year.

BudgIT said Edo’s relatively high debt burden per capita and substantial exposure to foreign debt make it necessary to assess the affordability and development returns of new borrowing. It also recommended stronger foreign exchange risk management and a credible repayment plan for outstanding liabilities.

Jigawa recorded another notable increase in foreign currency borrowing. Its foreign debt rose by 95.87 percent to $45.72 million in 2025 and accounted for 97.62 percent of its total debt stock, despite the state remaining the second-least indebted in the country.

The report, however, noted that Jigawa’s debt service-to-revenue ratio was 0.91 percent, indicating that its immediate debt servicing burden remained relatively low.

BudgIT’s revised debt sustainability assessment considers foreign currency exposure alongside total debt relative to revenue, debt servicing obligations and payment arrears. The framework is intended to provide a broader picture of states’ capacity to manage their liabilities and withstand fiscal pressures.

The report urged state governments to adopt credible medium-term debt strategies, ensure transparent reporting of guarantees and arrears, and apply conservative exchange rate risk management.

It also stressed the need for a stronger connection between borrowing and productive capital formation, arguing that debt-financed projects should expand states’ future capacity to provide services and generate revenue.

For states with substantial foreign currency obligations, the challenge is therefore not only reducing the size of public debt but also managing its composition and ensuring that repayment commitments remain sustainable under changing exchange rate conditions.

Larnaca and Manama sign twinning agreement to boost tourism and investment cooperation

Larnaca and Manama signed a twinning agreement on Tuesday during a visit to Bahrain by a delegation from Larnaca Municipality.

Larnaca Municipality said in a press release that ‘the twinning agreement creates a framework for developing meaningful cooperation in tourism, trade, investment, entrepreneurship, education, research and innovation, with the aim of establishing lasting ties between the two cities and their business, academic and research communities.’

The municipality noted that the twinning agreement between Larnaca and Manama was signed in the capital of the Kingdom of Bahrain, marking the beginning of a new chapter of cooperation between the two cities.

Larnaca Mayor, Andreas Vyras, said that ‘today’s signing marks the beginning of meaningful cooperation between Larnaca and Manama. Our aim is for the twinning agreement not to remain a symbolic act, but to become a practical tool for development, outreach and the creation of new opportunities.’

Vyras noted that ‘cooperation in tourism, trade and investment could open up new opportunities for Larnaca and its business community, while significant prospects are also emerging in the fields of education, research, shipping and innovation.’

He added that ‘we want the relationship between Larnaca and Manama to have real substance and to build lasting bridges between businesses, universities, research institutions and, above all, the people of the two cities.’

‘The twinning agreement with Manama is part of Larnaca Municipality’s broader strategy to strengthen the city’s international presence and outward-looking approach, attract new partnerships and create development opportunities for the benefit of Larnaca and its residents,’ the Municipality concluded in its press release.