Category: Business Mirror

JUSTICE Secretary Jesus Crispin Remulla yesterday said the Department of Justice will seek the cancellation of the passport of former Philippine Charity Sweepstakes Office (PCSO) general manager Royina Garma following the issuance of an arrest warrant against in relation to the killing of PCSO board secretary Wesley Barayuga in 2020.

At a press briefing, Remulla also said he would be meeting with National Bureau of Investigation (NBI) Director Jaime Santiago on the possibility of requesting a red notice from the Interpol to hasten Garma’s return to the country.

He said Garma and her co-accused will be considered as fugitives if they will not surrender to authorities despite the issuance of the arrest warrant against them.

‘Well, if you don’t surrender, that’s what will happen,’ Remulla said when asked if the respondents can now be considered as fugitives.

The DOJ chief added that the Philippine National Police (ONP) and the Department of Interior and Local Government (DILG) should already implement the arrest warrant against the accused.

Remulla also the DOJ will file a petition for the cancellation of Garma’s passport to force her to return to the country.

However, Remulla said Garma would likely return to the country since she has no other place to go following her deportation from the US.

‘I think she will come home, she has no nowhere else to go. She was refused asylum already in the US’ Remulla said.

It can be recalled that Garma was allowed to leave for Malaysia a day after returning to the country from Los Angeles, California, last September 6 following the denial of her application for political asylum.

Garma left as a tourist for Kuala Lumpur, Malaysia, according to the Bureau of Immigration, on September 7.

Garma was allowed to leave the country after the BI was able to verify that there was no hold departure order (HDO) or warrant of arrest issued against her.

Remulla later on disclosed that Garma has agreed to testify for the prosecution in connection with the crimes against humanity filed in the International Criminal Court against former President Rodrigo Duterte for his bloody anti-illegal drug war.

The DOJ secretary said that the denial of Garma’s bid for political asylum in the United States prompted her to agree to become one of the ICC prosecution’s witnesses against Duterte.

Remulla pointed to former senator Antonio Trillanes IV as the one who facilitated Garma’s inclusion as a prosecution witness against Duterte, who is currently detained at the ICC headquarters in The Hague, the Netherlands, awaiting proceedings in connection with his case.

He said Garma left for Malaysia to meet with ICC representatives to prepare for her testimony in Duterte’s crimes against humanity case.

Aside from Garma, the arrest warrant issued by the Mandaluyong Regional Trial Court (RTC) Branch 279 also covers former National Police Commission (NAPOLCOM) commissioner Edilberto Leonardo, and police officials Jeremy Causapin, Santie Mendoza, and Nelson Mariano,

They are facing trial for murder and frustrated murder charges.

Barayuga was gunned down by a motorcycle-riding man shortly while on his way home from the PCSO central office in Mandaluyong City on July 30, 2020.

His driver survived the incident, thus filing of frustrated murder complaint against the respondents.

THE Bureau of Customs (BOC) has seized P34.725 billion worth of various goods, natural resources, cigarettes and illegal drugs smuggled into the country as of end-August.

In his presentation of the BOC’s accomplishment report on Tuesday, Customs Assistant Commissioner Vincent Philip C. Maronilla said the bureau carried out 653 seizure operations from January to August this year, confiscating P34.725 billion worth of illicit items.

Confiscated various goods, such as general merchandise, topped the list of the highest-valued commodities, totaling P20.156 billion as of end-August.

This was followed by wildlife and natural resources amounting to P4.784 billion and illegal drugs valued at P4.562 billion.

The BOC also intercepted smuggled cigarettes, tobacco, e-cigarettes and vape products worth P2.104 billion.

Counterfeit goods, such as fake branded apparel and accessories, pegged at P1.041 billion, were also apprehended.

Maronilla also reported the BOC’s ‘record-breaking’ seizures during the month of July to August, conducting 128 seizure operations of smuggled products amounting to P2.390 billion.

The seizure of illicit cigarettes valued at P605.29 million in Plaridel, Bulacan, on August 2 was highlighted, which marked the largest cigarette seizure for this year.

According to the Department of Finance, the government could suffer a revenue loss of about P150 billion this year due to smuggling.

This estimated figure refers to potential revenue losses on the part of the BOC, covering foregone collections from general merchandise and oil.

Maronilla told BusinessMirror earlier that the BOC is strengthening its anti-smuggling measures to offset possible losses from illicit trade.

Maronilla said a new team at the BOC has already come up with a comprehensive anti-smuggling program focused on possible misdeclarations and technical smuggling.

The BOC is also working on revising a cooperation agreement with the Philippine Coast Guard and the Philippine Navy to effectively guard the country’s borders against smugglers.

To further plug expected losses, Maronilla said the BOC is also banking on its Fuel Marking Program as one of the agency’s main revenue drivers, as well as other revenue sources, such as cars, steel and chemicals.

The BOC has collected a total of P622.468 billion from January to August this year, higher by 1.3 percent than the P614.395 billion raised during the same period last year.

In the first seven months, the BOC collected P1.520 billion from non-traditional revenue sources through the Post Clearance Audit Group and P43.267 million from Public Auctions.

This year, the BOC will collect P958.7 billion, which makes up 21.20 percent of the government’s full-year revenue target of P4.520 trillion.

JUSTICE Secretary Jesus Crispin Remulla on Tuesday debunked accusations that former House Speaker Martin Romualdez is being shielded by the government from the ongoing investigation into the multibillion corruption in flood control projects.

At a press briefing, Remulla stressed that the Justice department is now looking into the possible culpabilities of Romualdez over questionable budget insertions and kickbacks from flood control projects.

‘We are already studying everything, liability-wise because [resigned Ako Bicol Party-list Representative] Zaldy Co, as the chairman of appropriations, is well-known as the Speaker’s choice. We all know that.He’s the one the Speaker trusted, and he was the one placed there,’ Remulla explained.

‘So, even from the start, you already know that something was not right with what’s now coming to light,’ he added.

Remulla made the statement after Senator Francis ‘Chiz’ Escudero accused Romualdez of providing the script to implicate senators in the flood-control project anomalies in order to divert the public’s outrage away from him.

The DOJ secretary assured the public that no one will be spared from its ongoing investigation.

‘We’re not protecting anyone here. This is really for the country. There is nothing personal here. This is beyond friendships. It’s beyond school connections or fraternal ties. It’s already beyond all that because what’s at stake here is the Filipino people-our country is what’s at stake. ‘We cannot allow this to be neglected,’ Remulla stressed.

‘He is among those we are seriously looking into as someone who may have liability here,’ he added, referring to Romualdez.

Building on the higher volumes of milk and meat collected in the last five years, the Philippines is now aiming to scale up its carabao population to boost rural incomes, according to the Department of Agriculture-Philippine Carabao Center (DA-PCC).

DA-PCC said this in a statement on Tuesday after it revealed that the government national program on genetically improving the Philippine carabao has made ‘headway’ as it recorded 145,181 genetically improved calves in the last five years.

This represents a 31.1 percent increase from 2019 to 2024 and translates to an estimated 12 million kilograms of milk and 114,380 jobs supported by the carabao supply chain.

The attached agency of the country’s Agriculture department said 90 percent of these calves are meant for milk and meat purposes while the remaining 10 percent is for draft power.

In the recent year alone, the DA-PCC said 36,618 superior-breed calves were produced out of the organized crossbreeding program.

‘Building on these gains, the program now aims to scale up the adoption of genetically superior carabaos across the DA-PCC network of service areas,’ the attached agency of DA said in its statement.

Liza G. Battad, Executive Director III of DA-PCC, explained that the ‘accelerated shift toward a more productive carabao population is expected to strengthen farmer cooperatives due to higher volumes of milk and meat handled collectively, enhance market linkages, significantly increase farmers’ incomes, and improve household nutrition through greater milk availability.’

DA-PCC said the carabao topped the list of the national dairy animal inventory, with 82,908 carabaos, followed by goats with 36,022, and cattle with 35,322.

‘With 99 percent of the carabao population owned by smallholder farmers, efforts to improve its productivity directly translate to better incomes and livelihoods for rural households,’ the attached agency of DA noted.

This ‘buildup,’ DA-PCC said, supports the livelihood of 227 assisted cooperative-led enterprises, comprising some 14,000 cooperative members and their families.

The DA-PCC also note the ‘steady increase’ in price per liter of raw carabao’s milk signals the ‘economic viability’ and competitiveness of the industry, underscoring the importance and timeliness of these advancements for the industry.

‘From P63.27 in 2020, a liter of raw carabao milk is now at P84.87,’ the attached agency of DA noted.

To match the increase in production, the DA-PCC assisted cooperatives are ‘actively’ supplying toned pasteurized milk for the national School-based Feeding Program (SBFP) of the Department of Education (DepEd) and Supplementary Feeding Program (SFP) of the Department of Social Welfare and Development (DSWD).

‘This market channel alone has generated for these cooperatives P2.4 billion from 2019 to 2024 for the SBFP and P504 million from 2020 to 2024 for the SFP,’ DA-PCC said.

Under the Sagip Saka Act or Republic Act No. 11321, community-based organizations such as the assisted carabao cooperatives of the DA-PCC are prioritized as suppliers under the guided procurement.

DA-PCC also noted that other market development interventions are now underway, including the establishment of 80 Dairy Boxes nationwide, 18 of which are positioned as Kadiwa ng Pangulo Dairy Box.

The Dairy Box is a business model by DA-PCC developed to absorb the produce of carabao dairy cooperatives.

The Milka Krem, an advocacy dairy outlet and café managed by the DA-PCC, showcases quality carabao milk and carabao-based products, serving as another market support for dairy farmers.

The Department of Tourism-accredited outlet can be found in Science City of Muñoz in Nueva Ecija and at the University of the Philippines in Los Baños Laguna.

Meanwhile, DA-PCC said there is also a ‘significant’ growing appreciation of carabao meat and consistent increase in meat production with 76,046 metric tons in 2024 from 70,572 in 2020.

‘The demand for carabao meat has also influenced the prevailing liveweight price per kilogram at P164.61 from P110.28 in 2020,’ the attached agency of DA also noted.

DA-PCC said another ’emerging subsector’ alongside the dairy sector is the leather production industry, which taps into carabao by-products and creates additional income streams for farmers.

‘This Cara Cuero brand, a market development initiative by the DA-PCC at Central Luzon State University, seeks to enhance the value of carabao hide by creating high-quality leather products, positioning them in the high-end,’ it also noted.

Mreit Inc., the real estate investment trust of Megaworld Corp., on Monday said Andrew Tan’s mall and retail assets will expand its portfolio, which it plans to double to 1 million square meters of gross leasable area (GLA) by 2027.

The infusion of additional assets aims to capture the continued growth in consumer spending and the strong momentum in mall leasing, complementing Mreit’s established base of high-occupancy office assets.

‘Our goal is to diversify our portfolio and expand our revenue base. So while the country is experiencing an impressive growth in consumer activities, we want to tap into these opportunities. This will enable us to deliver both growth and diversification, keeping our portfolio resilient and relevant for the years ahead,’ Kevin Andrew L. Tan, Mreit chairman, said.

Megaworld continues to hold a substantial portfolio of income-generating assets, including around 1 million square meters of office GLA and 500,000 square meters of retail GLA that may still be infused into Mreit over time. This deep pipeline provides flexibility and underscores the long-term growth runway as Mreit accelerates toward its one-million square meter target.

Across the country, foot traffic and sales in Megaworld’s shopping malls have already surpassed pre-pandemic levels, with strong leasing activities from both global and homegrown brands.

Mall occupancy has also reached a record 93 percent as of end-June 2025. This favorable environment underpins Mreit’s strategy to bring in more retail assets in the future, ensuring that its portfolio captures both the growth of business process outsourcing and the resurgence of Philippine consumer spending.

Mreit’s current portfolio spans across Megaworld’s key townships, particularly in Eastwood City, McKinley Hill, McKinley West, Iloilo Business Park, and Davao Park District, with occupancy consistently among the highest in the industry.

The company remains focused on expanding its portfolio through accretive acquisitions while maintaining strong dividend payouts to investors.

Last August, Megaworld reported that its net income in the first half expanded by 23 percent to P12.08 billion from the previous year’s P9.81 billion.

Revenues went up by 10 percent to P43.08 billion from the previous year’s P39.09 billion.

For the second quarter alone, its income grew 30 percent to P6.25 billion from the previous year’s P4.79 billion, while revenues grew at a slower pace at 9 percent to P22.15 billion from the previous P20.22 billion.

Everyone talks about leadership qualities like ‘vision’ and ‘charisma.’ But those are vague, and frankly, not what you really need. You need to develop real, tangible, high-leverage skills.

Why does this matters more than ever: technology is moving fast. AI, as we all know by now (unless you’re living in a cave), is already taking over tasks once thought to be safe, from writing reports to analyzing data to summarizing meetings. If AI can handle large parts of ‘management,’ what’s left for human leaders?

The answer: the deeply human skills that no algorithm can replicate.

That’s why if you want to be future-proof, the kind of leader who’s not just valuable but irreplaceable, you need to focus on building on high-value skills.

I will walk will outline some high-value leadership skills that will make you irreplaceable.

Ready? Let’s dive in.

1. Strategic Thinking

Strategic thinking is the ability to zoom out, see patterns, and connect the dots others miss. It makes you valuable not just for execution, but for shaping the future.

2. Influence Without Authority

Influence without authority is the difference between compliance and commitment. It’s how you get things done in matrixed, global organizations.

3. Decision-Making Under Uncertainty

Weighing scenarios and rallying the team to move.

This is what makes decisive leaders irreplaceable: they create clarity when others are paralyzed.

4. Coaching and Talent Development

Coaching is an ultimate multiplier. Leaders who grow others extend their influence far beyond their own capacity.

5. Conflict Navigation and Resolution

Conflict in the workplace and in leadership is inevitable. The question is whether it breaks trust or builds it. The answer is: it helps the team to walk away stronger.

Leaders who can navigate it productively become invaluable.

6. Delegation and Leverage

Leaders who master delegation multiply output and free themselves for strategic work, while giving space to their team to grow and lead.

7. Time Prioritization and Focus

Focus is what separates leaders who make progress from those who stay stuck in motion. They schedule thinking time and consistently drive 2-3 priorities that make a difference.

8. Communication That Lands

Communication is about speaking so people understand, remember, and most importantly, act. It tells a clear, simple story with data and examples, ending with a decisive task.

9. Emotional Intelligence and Self-Awareness

We all have bad days, but what matters most is how we react to them.

Think of emotional intelligence as the skill that holds every other leadership skill together. Without it, everything else falls apart.

Final Thoughts

Technology will continue to advance, but no matter how advanced it becomes, it can’t replace the deeply human side of leadership – the skills that inspire trust, build resilience, and move people forward.

That’s why your edge as a leader isn’t in being the smartest person in the room, or the one who can crank out the most output. It’s in mastering the skills that no algorithm can do better: thinking strategically, coaching others, and creating clarity in chaos.

You don’t need to build all nine skills at once. Pick one or two, practice them deliberately, and watch how your influence grows.

Tudor Cycling Team rider Arvid de Kleijn won Stage 2 of the PETRONAS Le Tour de Langkawi 2025 (PLTdL25) from Padang Besar, Perlis, to Kepala Batas, Penang in a bunch sprint finish today.

After finishing third in Stage 1 in Langkawi yesterday, de Kleijn skillfully navigated the middle lane to pass Stage 1 winner, Matteo Malucelli of XDS-Astana while VF Group Bardiani CSF-Faizane rider, Enrico Zanoncello, took third place.

However, Malucelli still retains the PETRONAS Green Jersey for the overall General Classification (GC) leader with an accumulated time of 5 hours 30 minutes 50 seconds, just 2 seconds ahead of de Kleijn.

The gap for the Ministry of Youth and Sports (KBS) Orange Jersey for the Sprint King is even tighter, at only 3 points.

The Best Local Rider for Stage 2 was Wan Abdul Rahman Hamdan of Terengganu Cycling Team (TSG) who finished in sixth place, improving on his 12th place finish in Stage1. His teammate, Muhammad Nur Aiman Rosli, successfully defended the Rakan Muda White Jersey for the Best Asian Rider.

With no climbing zones today, St George Continental Cycling Team rider, Ben Carman, still holds the BubblesO2 Polka Dot Jersey as the King of the Mountains.

Meanwhile, Cedric Bakke Christophersen of Unibet Tietema Rocket, who attempted a solo breakaway before the finish line, was awarded the Most Combative Rider.

The healthy rivalry between the two Sprint Kings of 2024 (Malucelli) and 2023 (De Kleijn) promises a more intense battle on the remaining flat stages, with both determined to add to their collection of PLTdL stage wins.

‘It’s a great feeling. My teammates, Changizi (Sebastian), did a great job – making sure we were in the middle of the front group, and I’m happy everything worked out for us. PLTdL is a special race in my heart, but personally, I hope the weather is better for the next stages,’ said De Kleijn.

This victory marks his personal fifth stage win, following victories in Stage 1 and 6 in 2023, and Stage 4 and 5 last year.

Regarding the expected tougher rivalry with Malucelli, he said that personally, they have no issues. They are professional and they challenge each other to increase their stage-win tally.

The Swiss rider explained that although the race started in heavy rain and with slick roads, which added an almost 3km neutral zone, his team remained calm and relaxed despite attempts by some riders to break away.

He noted that Tudor only began their work at the front of the peloton in the final few kilometers before entering Kepala Batas town under blazing heat, which then culminated in a bunch sprint.

‘It was actually a tough race and I hope the weather changes for the better after this,’ said De Kleijn.

Meanwhile, Malucelli was clearly disappointed with his tactical execution in the final sprint. ‘My teammates (Astana) worked hard to pull us to the front and find a comfortable space, but perhaps I made a small mistake by sprinting too early and ran out of energy at the last moment,’ said Malucelli who won 3 stages last year with the Japanese Continental team, JCL UKYO.

Regarding the leader’s and Sprint King’s jerseys, which he has worn for two consecutive stages, the Italian rider stated he will try to defend them, even though he is aware that Stage 3 from Gerik to Pasir Puteh involves some challenging climbs.

‘I know this route because I raced it in 2018 (with Androni Giocattoli-Sidermec). We will see how the situation is tomorrow. But we will try to control the race, although we know it will be difficult since we only have six riders,’said Malucelli who has collected four PLTdL stage victories so far. Stage 3 from Gerik,Perak to Pasir Puteh, Kelantan tomorrow with a distance of 198.2km, featuring three climbing zones – Gerik (Category 3), Sri Banding (Category 2) and Puncak Titiwangsa (Category 1).

Riders will then face a flat route with three sprint zones in Jeli (km117.3), Bukit Bunga (km134.1) and Machang (km179.1) before finishing in front of the Pasir Puteh Land and District Office.

AFTER quickly getting a Senate subcommittee to endorse her P902-million 2026 budget for the Office of the Vice President, Sara Duterte on Monday told a press conference her informants had told her a long time ago of the ‘luggage’ of money being delivered to former Speaker Martin Romualdez, her bitter political rival.

VP Duterte’s comments, made in a press conference after presenting the OVP’s proposed 2026 budget, quickly drew reactions from Romualdez and the Palace.

She said that recent revelations of billions in taxpayer money being wasted on ghost or substandard projects had ‘saddened’ her father, detained former President Rodrigo Duterte, and she expected him to say, ‘sinabi ko na si BBM ay hindi marunong [I told you that President Ferdinand Marcos Jr. doesn’t know how to govern].he is a weak leader,’ blaming him for the mess that has engulfed both the Executive and Congress in recent weeks.

Speaking mostly in Filipino, she said her father was sad, ‘not because of how they smeared his name, but more because of what they did to the country,’ referring to those accused of corruption in the flood projects scandal, both in the Executive branch and the lawmakers who vet and approve the annual appropriations.

She said that soon after she took office in 2022, ‘we had already heard of the ‘deliveries of money.’

However, she added, it was not only kickbacks from infrastructure projects that Romualdez allegedly got, but also from ‘illegal gambling.’

‘Pure fiction’-Romualdez

Leyte Ferdinand Martin G. Romualdez on Monday strongly rejected allegations made by Vice President Sara Duterte that he received ‘suitcases of cash’ from illegal gambling operations, calling the accusations baseless and politically motivated.

‘I hear the accusations. Let me say this directly: it is not true that I receive money from illegal gambling,’ Romualdez said in a statement. ‘These stories about ‘suitcases of cash’ are pure fiction-nothing but imagination. Until today, no evidence has ever been presented, only rumors repeated over and over.’

Romualdez dismissed the claims as recycled lies meant to discredit him. He also clarified that he has no involvement in the Okada/Delaware casino dispute that had resurfaced in public discussions, after VP Duterte also mentioned it.

‘On the Okada/Delaware issue, it is clear: I am not involved, I am not being investigated, and I am not accused. I have nothing to do with that case, which is simply a dispute between two businesses. It is only being revived now to malign me,’ he said.

Romualdez further questioned the credibility of the Vice President, who faces her own controversies.

‘It is sad that the Vice President herself-who was impeached by the House for misuse of funds-has resorted to spreading such lies. When the source itself has lost credibility, why should anyone believe these baseless claims?’ Romualdez said.

Palace on Sara: ‘Obstructionist’

Malacañang called Vice President Sara Duterte an ‘obstructionist’ who is trying to derail the government’s ongoing crackdown against anomalous flood control projects after she cast doubt on the ‘stability’ of the Marcos administration.

In her press conference at the Senate on Monday, Duterte claimed that the Marcos administration was no longer stable as the ongoing probe dragged several lawmakers in the said controversy, undermining public trust on government institutions.

She claimed the probe is being politicized and that it has yet to result in any conviction, which benefited the public.

‘Our institutions are clearly abused. They are used for personal gain.and we have already seen the testimony of witnesses about corruption and there is practically nothing happening in our country,’ Duterte said in Filipino.

Palace Press Officer Claire Castro, however, tagged the Vice President’s recent pronouncements as lies, which he said only aims to tarnish the reputation of President Ferdinand Marcos.

‘We know that our government is strong. The Marcos Jr. administration is only being destroyed by obstructionists like them,’ she told Palace reporters last Monday.

‘They probably don’t see what the President is doing because they are turning a blind eye,’ she added.

Marcos, she said, has already made significant gains in unearthing the said corrupt practices in public works through the Independent Commission for Infrastructure compared to previous administration.

‘So it cannot be said that our President is doing nothing. Let’s remember that he himself initiated this investigation,’ Castro said.

The Department of Migrant of Workers (DMW) expressed concern on the recent reported attack by Houthi rebels on a Dutch-flagged cargo ship, Minervagracht, after it was reported that a Filipino was among its 19 crew members.

The agency said it is currently coordinating with the ship operator, employer, manning agency, and the Department of Foreign Affairs (DFA) to verify if a Filipino was among those affected from the incident.

‘Once it is verified, DMW is prepared to give immediate assistance [to the affected Filipino seafarer],’ DMW said in Filipino in a statement issued last Tuesday.

‘We will provide further updates as soon as details are confirmed,’ it added.

It said its package of support for the affected Filipino sailor and his or her family will include medical assistance, repatriation, counselling and psychological support, and legal aid.

According to international news reports, Minervagracht was set on fire after it was attacked with an explosive by Houthi rebels.

The European Union maritime mission Aspides rescued the crew of the Dutch-flagged ship, which supposedly included a Filipino sailor, before they were transported to Djibouti.

DMW has been closely monitoring the status of ships with Filipino crew members, which pass through the Gulf of Aden and the Red Sea due to Houthi attacks.

Last July, two ships-Magic Seas and Eternity C-with Filipino sailors were attacked by Houthi rebels while sailing in the said dangerous waterways.

The said incidents prompted DMW to impose stricter measures for shipowners and manning agencies, which have ships with Filipino sailors passing through the Gulf of Aden and the Red Sea.

‘In accordance with the directive of President Ferdinand R. Marcos Jr., the DMW continues to strengthen the protection and care for seafarers-especially in high-risk areas such as the Gulf of Aden,’ DMW said.

TO boost transparency, the Department of Budget and Management (DBM) on Tuesday has officially adopted blockchain technology in the government budgeting process.

According to DBM Undersecretary Goddes Hope Libiran, it marks a bold step toward redefining transparency, efficiency, and accountability in public financial management.

‘Blockchain is more than a buzzword-it’s a governance tool. By leveraging this technology, we can ensure that every peso is accounted for, every transaction is transparent, and every citizen can trust how public funds are managed,’ said Libiran.

Although blockchain is not the silver bullet, Libiran said it offers a game-changing response by making transactions visible and verifiable in near real time, protecting data integrity through cryptographic consensus, and streamlining workflows for faster reconciliation with fewer bureaucratic layers.

Blockchain initially gained prominence in the private sector for its applications in cryptocurrencies to supply chain tracking, Libiran said. He noted that DBM’s adoption of the technology signals one of the first large-scale government implementations in Asia. She pointed out it puts the Philippines at the forefront of technological governance innovation and may inspire neighboring countries to follow suit.

This quarter, the DBM launched a production portal that records Special Allotment Release Orders (SAROs) and Notices of Cash Allocation (NCAs) as verifiable, on-chain entries. In partnership with BayaniChain and ExakIT Services, the site is widely regarded as the country’s first blockchain-backed budget transparency platform, making records tamper-proof while allowing the public to inspect how funds are authorized and released.

‘Our mission is to equip government and businesses with the tools to keep their systems secure and reliable. By using blockchain technology combined with the capabilities of advanced AI, we not only help the DBM strengthen transparency and the security of public finance, but also show how technologies can help institutions safeguard critical processes and deliver lasting value to their stakeholders,’ said BayaniChain CEO Paul Soliman in a press statement.

The workflow starts with DBM’s Action Document Releasing System (ADRS), which issues the official budget papers. These are then secured using BayaniChain’s Lumen Blockchain-as-a-Service platform, co-developed with ExakIT.

Transparency and protecting the data will go a simultaneously as the Prismo Protocol governs what details are made public and what stays private. After approval, SAROs and NCAs are immutably written to the Polygon blockchain as NFTs, preventing any alteration or tampering-an effective defense against deepfakes and document fraud.

Documents from 2024 onward can be retrieved either by scanning the QR code on a valid SARO or NCA, or by searching manually using fields like document type, department, agency, and operating unit.

Beyond SARO and NCA

LIBIRAN said the DBM envisions a broader digital ecosystem in which the full budget lifecycle-planning, allocation, disbursement, and audit-is traceable on-chain, complemented by AI-assisted analytics to detect anomalies, forecast needs, and inform smarter fiscal policy, as well as citizen-facing dashboards that turn complex budget data into clear, understandable insights.

‘We’re not just digitizing SAROs and NCAs, we’re building a next-generation public finance system that combines blockchain transparency with Artificial Intelligence to allocate resources more effectively and uphold accountability at every level,’ said Libiran.

She added that the DBM plans to extend blockchain-powered platforms across budgeting, procurement, and monitoring, with pilot programs already underway. The ultimate vision is a trustless (decentralized), transparent, citizen-first financial ecosystem that strengthens democratic governance through technology.

With this milestone, the Philippines notwithstanding the current challenges it is facing in the national expenditure program, hopes to demonstrate that the government can evolve with the times and lead, positioning the country as a regional model for digital trust and innovation aligned with global best practices.

BayaniChain is a trusted blockchain infrastructure provider for government and enterprises. It delivers secure, transparent, and scalable systems that enable institutions to harness blockchain for real-world impact.