Fisheries output posts 21-year low in Q3; full-year dip seen

THE country’s fisheries output fell by 7.5 percent in the third quarter, the lowest level in over two decades, according to the Philippine Statistics Authority (PSA).

Data from the PSA showed that the total volume of fisheries production in the July to September period reached 894,320 metric tons (MT), down from 966,730 MT in the same quarter last year.

Historical data indicated that the latest figures represented the lowest level of fisheries output since the 852,378 MT recorded in the third quarter of 2004.

Agriculture Secretary Francisco Tiu Laurel Jr. expects fisheries production to decline this year, noting that the absence of El Niño weighed on the subsector.

‘Our prediction for this year’s fisheries production is definitely lower because last year was an El Niño year,’ Tiu Laurel told reporters on Thursday.

‘Based on my 38 years of experience in the fishing industry, whenever the water is warm, production is always higher,’ he said. ‘Since this year isn’t an El Niño year, production will be lower.’

PSA data indicated that three out of the four subsectors registered contractions last year, with the commercial fisheries subsector being the only one that grew on an annual basis.

The aquaculture subsector, which contributed over half of the total fisheries output, contracted by 12.3 percent to 454,860 MT in the third quarter from the 518,910 MT in the previous year.

The inland municipal fisheries slid by 0.6 percent to 45,990 MT year-on-year from 46,260 MT. It accounted for 5.1 percent of the total output.

For marine municipal fisheries, the output shrank by 9.7 percent to 168,920 MT in the third quarter from 187,130 MT recorded in the previous year. The subsector constituted 18.9 percent of the total fisheries production, based on PSA data.

Meanwhile, commercial fisheries production in the reference period expanded by 4.7 percent to 224,560 MT from 214,430 MT last year. The subsector’s share accounted for 25.1 percent of the total output.

For Philippine Chamber of Agriculture and Food Inc. (PCAFI) President Danilo Fausto, the government should also focus on the fisheries sector.

‘I think the government has focused more on crops, especially rice, and livestock and poultry,’ Fausto told the BusinessMirror.

‘Attention should also be made to our aquaculture, which is supposed to be the competitive advantage of the Philippines, especially on hatchery, logistics, and post-harvest facilities, including ice plant and cold storage facilities,’ he added.

Donaire training shifts to high gear for WBA title fight against Tsutsumi

Nonito ‘The Filipino Flash’ Donaire Jr. will face World Boxing Association (WBA) bantamweight champion Seiya Tsutsumi on December 17 at the Ryogoku Kokugikan Sumo Arena in Tokyo, Japan.

Donaire, the interim World Boxing Association (WBA) bantamweight champion, seeks to become the third-oldest world boxing champion at 43 after American heavyweight world champion Bernard Hopkins at 49 and George Foreman at 45.

He trains at the Omega Boxing Gym in Mandaue.

‘His mindset is so clear, and that is to become the third-oldest active world boxing champ,’ trainer Julius Erving Junco told the BusinessMirror from Mandaue in Cebu on Friday. ‘He has a good training camp here, and he’s in great shape, no injuries.’

Donaire, who holds a 43-8 win-loss record with 28 knockouts, will turn 43 on November 16.

The bout is presented by Teiken Promotions

‘There is no problem in his training. He cannot take Tsutsumi lightly. I believe Nonito’s experience and punching power will take over the fight and he will become a world champion soon.’

He is coming off a technical decision triumph over Andres Campos of Argentina last June to claim the interim crown, and he is now facing the unbeaten Japanese Tsutsumi who is sporting a 12-0-3 win-loss-draw record with eight knockouts.

Donaire Jr. arrived in Cebu on November 1 with wife Rachel and kids.

He hoping to join current Filipino world boxing champions World Boxing Council minimum weight champion Melvin Jerusalem and International Boxing Federation (IBF) minimum weight champion Pedro Taduran.

BIR expects lower collections in Q4 as flood fund fiasco hits

THE Bureau of Internal Revenue’s (BIR) collection for the fourth quarter is expected to dip, due to the flood control projects issue, according to Commissioner Romeo Lumagui Jr.

‘Definitely lower than earlier projected,’ Lumagui told reporters on the sidelines of a media conference on Thursday.

He noted that the BIR had consistently met its targets in the first semester. However, the current controversy over anomalous flood control projects has affected revenue inflows, Lumagui explained.

‘Primarily because the DPWH ordered the suspension of payments to contractors and the stoppage of projects in order to first check the status of such projects,’ he explained.

In August, the BIR announced that it had initiated a tax fraud investigation targeting contractors involved in anomalous flood control projects, as identified by President Ferdinand R. Marcos Jr. in July.

All BIR offices were instructed to conduct parallel audits of the concerned contractors, while the DPWH temporarily held payments to contractors pending reviews of their flood-control work.

The BIR chief also noted that the withholding of taxes that the Department of Public Works and Highways (DPWH) remits to the BIR accounts for a significant portion of collections.

‘That is also the main reason why BIR’s collections have dropped, because the DPWH’s remittances have decreased due to the control over payments for their projects,’ Lumagui said.

The agency earlier filed the second batch of complaints after investigating the three former DPWH engineers.

As of end-September, the BIR recorded P2.322 trillion in current collections.

This accounts for roughly 72 percent of the agency’s P3.219-trillion target for 2025.

The agency still needs to collect about P897 billion to meet its full-year goal, highlighting the challenge posed by delayed payments from projects under review.

Blind Spot

SIBLINGS FEUDING

THE feud of these siblings is legendary in show business and it’s two siblings versus one. Years ago, when one of the two siblings was still okay with the third one, she tried to borrow money from the latter’s partner, who refused. This was upon the urging of the third sibling. She knew her sister had a bad habit and didn’t want to be an enabler. The sister took it badly and told the other sister, who then released incriminating photos that would ruin the reputation of the third sister. They also released photos showing secrets that should remain secret because it was not their story to tell. The sisters are still fighting to this day.

BYE FOR NOW

HOW true is the rumor that an embattled celebrity has left the family abode temporarily because she feels that she’s been dragged into a controversy that she didn’t cause? The celebrity is supposedly angry that it is her husband who is involved in the controversy yet people are blaming her. The couple has definitely not split but the wife is taking a break, aside from lying low, because she feels that she’s been unjustly maligned for things she didn’t do. There are people who say this temporary separation is just a ploy for sympathy, which is also possible, so let’s see if it will work.

CAUGHT

THE actress hosted a Halloween party and while there were no photos of her rumored politician-boyfriend, there were posts of his friends showing they were at the party. The actress is being very private about her new relationship and there have been no pictures of them together although if you look at the guy’s social media following, you’ll see that he is being followed by some of her closest friends. It’s funny that she hosted a Halloween party while her ex also hosted one with his rumored girlfriend.

NEPO WIFE

THE two influencers are friends and they’re both married but people have always wondered why one lives more luxuriously than the other when they have nearly the same amount of work with the same brands. Influencer 1 is just a regular girl married to a regular guy. Meanwhile, Influencer 2 is the daughter of a politician and she’s also married to a politician and that’s why she’s decked out in designer stuff from head to toe even if she isn’t making that much money from being an influencer.

’MR. M’ IS HERE | Star maker Johnny Manahan signs with MediaQuest Group

Entertainment icon, director, and star maker Johnny ‘Mr. M’ Manahan has officially signed with MQuest Ventures and

MQuest Artists Agency (MQAA), marking a new creative partnership under the MediaQuest Group – one that brings together decades of industry mastery and a shared vision for developing world-class Filipino talent.

In the contract signing held at the TV5 Media Center today, Mr. M was joined by MediaQuest Holdings Chairman Manny V. Pangilinan (MVP); MediaQuest Holdings and Cignal TV, President and CEO Jane Jimenez-Basas; Cignal TV Inc. First Vice President Sienna G. Olaso; and MQAA Head Jeffrey Remigio.

‘This partnership feels like a natural fit for me,’ Mr. M shared. ‘MQuest Ventures shares the same passion I’ve always had in discovering, developing, and celebrating great Filipino talent. I’m excited to collaborate with this incredible team and help create opportunities that inspire.’

MVP expressed his full support for the collaboration, noting how MediaQuest’s partnership with Mr. M represents a powerful union of creativity and purpose. ‘We’ve always believed in investing in Filipino talent, their stories, their artistry, and their dreams,’ said the MediaQuest Chairman. ‘Having Mr. M on board strengthens that mission. Together, we aim to bring out the best in our people and elevate the industry to new heights.’

According to Jimenez-Basas, this partnership with the renowned star maker is set to redefine the future of Filipino entertainment. ‘We’re honored to welcome Mr. M to MQuest Ventures and MQuest Artists Agency,’ she added. ‘His legacy in building talent and shaping the Philippine entertainment landscape perfectly aligns with our vision to create a nurturing, world-class home for artists.’

Mr. M’s story is one of passion, artistry, and leadership. He began his career in the early 1970s as a television director and writer, eventually becoming one of the most influential figures in Philippine entertainment. Throughout his illustrious career, he has discovered, guided, and built the careers of many of the country’s biggest stars.

His signature approach to mentorship – combining discipline, artistry, and heart – has earned him the title of ‘The Master of Star-Making.’ With this new partnership with MQuest Ventures and MQuest Artists Agency, Mr. M continues his lifelong mission to discover and nurture the next generation of Filipino performers.

‘Mr. M has always represented excellence in storytelling and performance. We look forward to letting his genius mind develop and inspire our artists into becoming the stars they are meant to be,’ shared Remigio.

With star maker Johnny Manahan now part of MQuest Ventures and MQuest Artists Agency, the MediaQuest Group ushers in a new era of creative growth and collaboration – strengthening its place as a driving force in Philippine entertainment.

Cardinal ‘Ambo’ leads call for a ‘truth commission’ on drug war

A Filipino Cardinal on Friday urged President Ferdinand R. Marcos Jr. to establish a ‘truth commission’ that would review the unresolved killings linked to the Duterte administration’s bloody drug war.

Kalookan Bishop and Catholic Bishops’ Conference of the Philippines (CBCP) President Pablo Cardinal David said that such a commission would be crucial in bringing closure to victims and families who continue to seek justice.

‘We are not certain if all of them have recovered from the trauma they went through,’ he said during a press conference.

‘They lost their sense of security, their trust in public institutions, and in many cases their means of livelihood. Their grief is not abstract.’

David explained that the proposed commission would not only investigate unresolved deaths but also provide a safe venue for victims, families, and witnesses to share their experiences.

He added that it should also encourage full disclosure from law enforcers and other actors involved, under proper legal safeguards.

The Cardinal said the body could recommend reparations and psychosocial support for victims’ families and push for institutional reforms to ensure that such abuses never happen again.

‘Truth telling is not an act of reopening wounds. It is the only path by which wounds can finally heal. Silence breeds resentment and fear. Truth restores dignity, trust, and moral coherence to our democracy,’ the Cardinal said.

David also clarified that the purpose of such a commission would not be vengeance but the promotion of truth and accountability.

‘We believe that this is a moment of grace and a historic opportunity. Your excellency, your leadership in establishing such a commission would send a powerful message that our nation chooses courage over fear, accountability over impunity, and reconciliation over silence,’ David told Marcos.

The Cardinal’s letter was sent to Malacañang on Friday. The Palace has yet to respond.

Neuralink rival Synchron raises $200M for brain implant

Synchron Inc. raised $200 million to advance its work building brain implants that doctors can insert through blood vessels, avoiding the costly and high-risk surgeries necessary to install devices made by other rival companies like Elon Musk’s Neuralink.

With the new funds, the company’s valuation is nearly $1 billion, a Synchron spokesperson said. That makes it the second-most valuable brain implant company after Neuralink, which investors think is worth more than $9 billion.

Several companies are building brain implants to allow people to communicate with computers directly through their minds, benefitting those who are paralyzed, blind or otherwise have limited use of their limbs or sensory organs. In the long term, some entrepreneurs and investors think that brain implants will become everyday consumer technology, like cellphones. No such devices are approved by government regulators for long-term medical or recreational use.

Most brain implants require invasive surgery, including cutting a hole in the skull. Meanwhile, Synchron’s flagship device, the Stentrode, sits in a blood vessel on top of the brain. It’s threaded into place through the circulatory system and doesn’t require brain surgery, meaning patients could get it from more doctors and hospitals.

‘It’s the first BCI platform designed for real-world adoption at scale,’ said Campbell Murray, co-founder and managing partner of Double Point Ventures, a health care investment firm that led the Series D funding round. As part of the investment, Murray is also joining the board.

Synchron will use the additional $200 million to run a clinical trial that could support regulatory approval in the United States, company spokesperson Kimberly Ha said. The company will need more money to actually commercialize and launch the device, Campbell said.

The Stentrode has been tested in 10 people so far, and sits near the part of the brain that generates movement, enabling the patients to control computers with their thoughts.

The company will also use the new funds to develop a version of the implant that will be able to access multiple brain regions, not just those associated with movement, Chief Executive Officer Tom Oxley said. This implant would also be inserted through the circulatory system.

‘We believe we have a breakthrough that is going to enable what, I think, no one thought possible and still thinks is not possible-to deliver a nonsurgical, high channel count, whole brain device,’ Oxley said.

To spearhead the development of this new device, Synchron hired Andy Rasdal, the former CEO of DexCom Inc., a continuous glucose monitor company, as well as Mark Brister, who worked in senior research and development roles at Dexcom, Inc., Medtronic Plc, and other companies. Rasdal and Brister will lead the project out of a new office Synchron recently opened in San Diego, Oxley said. Rasdal is also on Synchron’s board.

Synchron’s less invasive approach attracted the attention of several health care-focused investors and other funds, as well as IQT, a venture firm set up by the Central Intelligence Agency, which invests in companies with national security implications.

‘They approached us,’ Oxley said. IQT agrees that a less invasive approach for brain implants is better, and thinks that Synchron has the greatest potential to grow, Oxley said.

Synchron has no intentions to pursue military applications with the technology and is focused on medical uses, Oxley said.

IQT did not respond to a request for comment. The investment firm has disclosed only one other investment in a brain-computer interface company, Science Corp. That business, which was founded by former Neuralink President Max Hodak, is building retina implants to restore vision to people with conditions like macular degeneration, as well as implants that plug into the brain using engineered neurons instead of electrodes.

Toyoda-san championing the Century draws loudest cheers in Japan Mobility Show

As always, Toyota stood tallest among the usual numerous car brands showing their wares in the ongoing Japan Mobility Show.

The world’s No. 1 carmaker again stunned what could be the biggest crowd ever to attend the 71-year-old motor show by unveiling the new Century, a super luxury vehicle that directly rivals the Rolls Royce.

No less than the chairman of Toyota Motors Corporation himself, Akio Toyoda, did the honors in the historic occasion-surprising even the company’s top executives at the quick turn of events at the famed Big Sight.

‘We never expected Toyoda-san to announce the Century as a totally different entity separate from the Toyota brand,’ said Masando Hashimoto, the president of Toyota Motor Philippines (TMP), expressing the sentiment of his fellow top guns from around the region.

With that, Toyoda has effectively made the Century as the fourth independent company after Toyota, Lexus and Daihatsu under Toyoda’s wings-a revelation that was another game-changer in the global automotive industry.

To thoroughly savor Toyoda-san’s patented out-of-the-box embrace of unorthodox leadership, here’s his speech during the impeccably delightful Century presentation, which drew the loudest cheers ever in the world’s No. 3 motor show.

‘I am Akio Toyoda.

‘Thank you very much for taking the time to be here today.

‘The Century stands at the pinnacle, a car in a class of its own.

‘I believe this car was born carrying Japan on its shoulders.

‘Today, I would like to take a moment to share the Century story in my own words.

”It is not just about making automobiles. With Japanese ideas and skills, we must create an automobile industry for Japan.’

Words of Kiichiro

‘THESE were the words of Kiichiro Toyoda.

‘In the 1930s, a time when Japan was seen as incapable of making cars, what Kiichiro set out to build was not a company called Toyota, but Japan’s automobile industry itself.

‘Together with others who shared his vision, Kiichiro embarked on this challenge.

‘Then in 1938, one year after Toyota was founded, another man joined the effort.

‘The Century’s development was overseen by Kenya Nakamura, Toyota’s first chief engineer.

‘To be like no other.’

‘This spirit guided Nakamura in every aspect of the Century, from its development to production and sales.

That development began in 1963.

‘It was 30 years after Toyota started making cars, and only 18 years after the war.

”How could Toyota, with no tradition or prestige, hope to create a world-class vehicle, the pinnacle of luxury cars?’

‘Such reactions were hardly a surprise.

‘Despite that, Nakamura was not deterred.

”Tradition will naturally follow. Let’s create a new kind of luxury car unlike anything before. The Achilles’ heel of today’s luxury cars is that nothing innovative can be done.’

‘With that, Nakamura boldly pursued fresh ideas and breakthrough technologies.

‘At the same time, he adopted elements of Japanese culture and tradition, including Edo metal engraving on the phoenix emblem and Nishijin-ori brocade for the seat fabric.

‘To create something that was ‘To be like no other,’ Nakamura focused on fusing cutting-edge technology with Japanese culture and tradition.

Car for life

‘FROM that original model, the Century became Shoichiro’s beloved car for life, one he continued to ride in through the second and third generations.

‘And to each new generation of engineers, he continued to offer suggestions for improvement. Whether it was better straight-line stability on the highway or making sure the car could handle a stiff crosswind. Day after day, he continued giving instructions for improvements from the back seat.

‘Shoichiro only went to such lengths for the Century.

‘Why was that?

‘Why did Nakamura take on the challenge of developing the Century-a project many at the time called ‘reckless’?

‘Please allow me to share my own interpretation from here.

‘In their hearts, I believe, lay the same passion that Kiichiro poured into establishing the Automobile Association, just three months after the war’s end.

‘This Automobile Association was the forerunner of the Automobile Business and Culture Association of Japan, which I currently serve as chairman.

‘On forming this association, Kiichiro said,

‘I want to build a democratic, automotive-industrial nation, contributing to Japan’s peaceful rebuilding and to world culture.’

Driving force

‘THESE words have never left me.

‘The mention of ‘Japan’s peaceful rebuilding’ reflects a spirit of contributing to society through industry; a desire to bring back the smiles and peaceful daily lives of the Japanese people, with the automobile industry as a driving force.

‘Meanwhile, ‘contributing to world culture’ means building a better society through mutual understanding and the exchange of cultures between different countries and peoples.

‘What the people of Japan needed at that time, I believe, was a sense of pride in being Japanese.

‘That is why Nakamura worked together with Shoichiro, the son of Kiichiro, and set out to make a car underpinned by Japanese tradition and skills, which they could proudly show on the world stage, a car that could contribute to world peace and cultural exchange.

Not zero

‘I believe the Century was created to fulfill that role.

Today, more than five decades after the birth of that first Century, where does Japan find itself?

‘The ‘Japan as No.1’ era is behind us, and we are now in what has come to be known as ‘the lost 30 years.’

‘Japan as a nation seems to have lost some of its energy and dynamism, along with our presence in the world.

If Kiichiro and Nakamura could see Japan today, what would they say?

‘I suspect they wouldn’t say anything, and instead leap straight into action.

‘When Nakamura saw the postwar media headline, ‘Starting from Zero,’ he said, ‘It’s not zero. It’s true that our facilities were destroyed, and we had no materials or money. But we had the strengths and skills that Japan had built up. That’s why we were able to rebuild.’

‘He said that in anger.

‘Today, Japan has an automotive industry that operates on a global scale.

Monozukuri skills

‘WE possess the monozukuri skills that have sustained the nation.

‘Stunning nature that enchants people around the world.

A rich food culture and a spirit of hospitality.

‘Today, we also have manga and animation, which have become synonymous with Japan.

‘Likewise, in the realms of music and sports, young people continue to share Japan’s charms with the world.

‘I believe now more than ever, we need the Century.

Phoenix emblem

‘THE name is said to represent the hundredth anniversary of the Meiji era, and of the birth of Sakichi Toyoda, the Toyota Group’s founder. For me, it is about creating the next one hundred years.

‘And then there is the Century’s phoenix emblem.

In Japanese mythology, the phoenix only appears when the world is at peace.

”Century’ is more than just the name of a car. It is a heartfelt desire for world peace, and an endeavor to shape the next one hundred years from Japan.

‘That is what the Century means to me.

Personal mission

‘WITH Shoichiro’s passing, I came to see this as my personal mission.

‘Of course, I cannot do it on my own.

‘Thankfully at Toyota, we have many colleagues who carry on the spirit of Kenya Nakamura.

‘Together, we have decided to launch the Century brand.

‘One of One’ or, as Nakamura put it, ‘To be like no other.’

‘Century is not just another brand within Toyota Motor Corporation.

‘We want to cultivate it as a brand that brings the spirit of Japan-the pride of Japan-out into the world.

‘The next Century begins with us.’

PEE STOP

Toyota also underscored in the ongoing Japan Mobility Show its highly-impactful vision to produce the hydrogen-powered vehicle in the near future. When finally unleashed, it will become the world’s first cleanest car, making the environment as healthy as it can be.

Key sectors shed jobs, September employment dips

EMPLOYMENT in the Philippines slipped in September, defying the usual gains recorded at the start of the ‘ber months,’ according to the Philippine Statistics Authority (PSA).

Results of the latest Labor Force Survey (LFS) showed that the number of employed Filipinos fell to 49.60 million, about 494,000 fewer than the 50.10 million recorded in August and 270,000 lower than the 49.87 million posted in the same month last year.

The decline came even as the country entered its traditionally busy preholiday season, when hiring in retail, services, and logistics typically rises.

PSA data indicated that the largest month-on-month declines were recorded in other service activities (-498,000, from 3.42 million to 2.92 million), construction (-308,000, from 5.28 million to 4.97 million), and transportation and storage (-247,000, from 3.89 million to 3.64 million).

On a year-on-year basis, employment also contracted in several industries, led by other service activities (-493,000, from 3.41 million to 2.92 million), administrative and support services (-356,000, from 3.23 million to 2.87 million), and manufacturing (-302,000, from 3.75 million to 3.45 million).

National Statistician Claire Dennis S. Mapa said the decline in employment in manufacturing could be tied to lower export production this year, noting that the sector has posted consistent losses since January.

‘When we look at the nine-month average.there’s an average decline of around 208,000 workers in manufacturing,’ Mapa said. ‘It’s possible that this reflects the impact on our exports, since most of our manufacturing companies produce goods for the export market.’

Mapa said that weather disturbances may have also contributed to the employment decline, especially in sectors dependent on outdoor or mobile operations.

Meanwhile, PSA data also showed that 1.96 million Filipinos were unemployed in September, slightly down from 2.03 million in August but higher than the 1.89 million recorded in September last year.

The number of underemployed workers-those already working but still seeking additional hours or jobs-rose to 5.52 million from 5.38 million in August, though this was lower than the 5.94 million posted in September 2024.

While both employment and unemployment rates declined in September, Mapa said this was mainly due to a smaller labor force, as fewer Filipinos either worked or actively sought work during the period.

The labor force participation rate (LFPR) fell to 64.5 percent (51.56 million individuals), from 65.7 percent (51.77 million) in the same period last year.

Among the youth aged 15 to 24, participation dropped to 31.6 percent, from 33.9 percent in September 2024.

‘The 15-24 age group accounted for around 435,000 of the decline, followed by the 45-54 age group with 361,000,’ Mapa said. ‘We have an increase due to household duties.temporary sickness.in terms of non-participation in the labor market.’

He added that an uptick in employment may still be observed in the fourth quarter, as seasonal hiring for the holidays usually peaks during that period.

Labor market still resilient

Socioeconomic Planning Secretary Arsenio M. Balisacan said the overall labor market ‘remains resilient’ despite short-term fluctuations, citing year-on-year improvements in job quality as underemployment continued to ease compared to 2024 levels.

‘Our employment indicators continue to reflect the economy’s capacity to generate stable and meaningful jobs for millions of Filipinos, even amid uncertainties and headwinds,’ Balisacan said.

The Department of Economy, Planning, and Development (DepDev) attributed the year-on-year drop in underemployment to the decline in ‘invisibly underemployed’ workers, particularly in transportation and storage (-155,000) and administrative and support services (-138,000).

DepDev added that while unemployment edged up compared to last year, the Philippines continues to post better figures than regional peers such as India and China (both at 5.2 percent), though it still trails Malaysia (3.0 percent) and Vietnam (2.2 percent).

By sector, construction remained a key driver of employment, adding about 514,000 workers year-on-year, followed by agriculture and fisheries, which gained 439,000.

The services sector accounted for 61.3 percent of total jobs, reinforcing its role as the economy’s largest employer.

Balisacan said the government is focusing on strengthening the resilience of vulnerable sectors and upskilling workers to prepare them for emerging opportunities in digital and AI-driven industries, particularly in higher-value outsourcing segments such as IT, creative, and knowledge process services.

‘The government continues to strengthen efforts to promote employability and lifelong learning to equip Filipino workers with the skills required by evolving and emerging industries. This will be key to ensuring that our labor force is able to adapt and thrive in an ever-shifting work environment,’ he said.

DOE completes 4th round of RE auction

The Department of Energy (DOE) announced on Thursday the successful completion of the Fourth Round of the Green Energy Auction Program (GEA-4), advancing over 10,000 megawatts (MW) of renewable energy (RE) projects.

The agency awarded 123 winning bidders, representing a diverse mix of technologies including ground-mounted solar, roof-mounted solar, floating solar, integrated renewable energy with energy storage systems (IRESS) and onshore wind.

The total awarded capacity reached 10,195.49 MW, with the successful rate of 96 percent from the installation target and committed to be delivered starting 2026 until 2029.

Of which, ground-mounted solar projects accounted for over 4,179.09 MW, with major contributions from Luzon, Visayas, and Mindanao grids.

Floating solar emerged as a strong contender, securing 2,284 MW, including large-scale projects in Laguna, Pampanga, and Negros.

Onshore wind projects added 2,518.29 MW, with significant developments planned in Quezon, Sorsogon, and Visayas provinces.

Integrated RE with energy storage systems contributed 1,189.29 MW, enhancing grid reliability and energy security.

Roof-mounted solar, while smaller in scale, added 24.82 MW, promoting decentralized and urban clean energy solutions.

The DOE is requiring all winning bidders to submit key compliance documents, including affidavits of undertaking, performance bonds, system impact studies, and proof of financial obligations by December 6, 2025.