Puerto Princesa hosting two international table tennis tournaments

MORE than 600 athletes from 20 countries will see action in two international table tennis tournaments that the City of Puerto Princesa will host next month.

The World Table Tennis Youth Contender Series kicks off the two-meet festivities from September 3 to 6, followed by the World Table Tennis Feeder Series from September 8 to 12 at the Edward S. Hagedorn Coliseum.

Both tournaments will feature 20 countries each with the Philippines fielding the biggest entry of 60 athletes led by national team member Kheith Rhynne Cruz and a team from Puuerto Princesa.

‘Hosting an international event here in our country is a huge help. First, because we can minimize costs, and at the same time, we get to compete against world-class players,’ Philippine Table Tennis Federation Inc. (PTTF) president Ting Ledesma told the Philippine Sportswriters Association Forum at the Philippine Sports Commission (PSC) Media Room on Tuesday.

‘And they get to experience a world-class event and world-class players. That’s why our players today, compared to the past, are no longer fazed by their opponents or the massive venues-they are already at ease,’ added Ledesma in the session presented by San Miguel Corp., PSC, Philippine Olympic Committee, Milo and the country’s 24/7 sports app, ArenaPlus.

Competition manager Daniel Deleniana, who is also a board member of PTTF, along with Executive Assistant IV and City Sports Director Atty. Gregorio Austria joined Ledesma in the forum to discuss the two-in-one event being by Puerto Princesa for the fourth straight time.

Deleniana said the Youth Series features a total of 426 19-and-under athletes, while the Feeder Series is an open category which attracted 165 entries.

‘So we have options for children, and we also have some for seniors,’ he said.

The categories are U-11, U-13, U-15, U-17 and U-19 both boys and girls, while mixed doubles will also be played in the U-15 and U-19 groups.

Participating countries in the Youth Series are Australia, Canada, Germany, Hong Kong, Indonesia, India, Italy, Japan, Korea, Malaysia, Maldives, New Zealand, Singapore, Thailand, Chinese Taipei, USA, Oman, Brunei and Slovakia.

In the Feeder Series, seeing action are Algeria, Australia, Bahrain, Canada, Denmark, France, Germany, India, Italy, Japan, Korea, Malaysia, Netherlands, Chinese Taipei, Oman, Brunei, Slovakia and Indonesia.

Austria said hosting of the event again boosts Puerto Princesa’s image as the country’s top tourism sports hub after staging other national and international meets in the past such as the Batang Pinoy, BIMO-EAGA, Ironman Triathlon and the ICF World Dragon Boat Championships.

‘We saw that this sport would breathe new life into our city. When international athletes visit us, we gain recognition not only in the Philippines but across the globe,’ said Austria, speaking on behalf of City Mayor Lucilo Bayron.

’Define Your Angle, Shape Your MICE’ | ‘KOREA MICE EXPO 2026’ happening this Nov. 17

KOREA MICE EXPO 2026 (KME2026), Korea’s largest MICE industry exhibition, will be held for three days from 17 (Tue) to 19 (Thu) November in Magok, Seoul’s newly rising MICE hub. KME2026 is an internationally certified exhibition hosted and organized by the Korea MICE Association, with official support from the Ministry of Culture, Sports and Tourism, the Korea Tourism Organization, and the Seoul Metropolitan Government.

Under this year’s slogan, ‘Define Your Angle, Shape Your MICE,’ various organizations and companies across the sector-including domestic and international MICE host cities, venues, PCOs/PEOs[1], hotels, tourism/service companies, and MICE Tech companies-will participate. Attendees will share their unique perspectives and expertise to explore new business opportunities and collaborative partnerships.

? Business meetings at KME2026 will focus on maximizing actual conversion and outcomes rather than merely increasing the total number of meetings. International buyers are rigorously selected from global companies and organizations with concrete plans to host MICE events in Korea within the next three years, thoroughly evaluating their decision-making authority and past event experience. Domestic buyers include MICE host organizations from diverse fields such as medicine, science, technology, and education, with their scope and scale expanding continuously every year. By inviting buyers with genuine demand for MICE events and matching them with relevant sellers through a pre-matching system, the effectiveness and business results of meetings are expected to be significantly enhanced.

? In the exhibition sector, participation from regional tourism organizations (public sector), regional MICE alliances (private sector), and international organizations and companies is particularly notable.

Reflecting the convergence nature of the MICE industry, vibrant business networking and meetings between participating sellers are also expected to take place on the exhibition floor.

? At the conference ‘MICE WAVE’, the ‘2nd Korea-China-Japan MICE Forum’ will be held. This forum is a private-led initiative jointly organized by the MICE associations of Korea, China, and Japan. This year, under the theme of ‘Sports MICE,’ the participating countries will share ideas for collaboration and key case studies. Additionally, sessions in collaboration with international partner organizations will address global MICE trends, local industry transformations, and strategic response cases.

? Participating international organizations in KME Conference: Encore, ICCA (International Congress and Convention Association), GSTC (Global Sustainable Tourism Council), MPI (Meeting Professionals International), and more.

? Furthermore, KME2026 introduces a new program designed to showcase AI-based MICE technology companies and rapidly growing solution providers. A dedicated MICE Tech Zone will be featured on the exhibition floor, alongside the inaugural ‘MICE Tech Awards’ to honor outstanding MICE tech companies. By comprehensively evaluating solutions for innovation, field applicability, and potential for industry expansion, the event aims to uncover top-tier technologies and bridge tech innovators with on-site MICE professionals.

? Danny Hyundae Shin, Chairman of Korea MICE Association, stated, ‘KME2026 will be a place where diverse industry players with different roles and angles come together to create new possibilities. Based on highly qualified selected international buyers, a broader range of domestic buyers, and expanded international seller participation, we will focus on the quality rather than the quantity of business meetings and evolve KME into a global business platform encompassing both inbound and outbound business.’ Booth applications, sponsorship participation, and pre-registration for KME2026 can be submitted on the official website (koreamiceexpo.com). Early-bird booth applications are accepted until August 14 (Fri).

AboitizPower earns spot in top 50 brand and employer rankings

Signifying its brand’s importance as a business asset, Aboitiz Power Corporation (AboitizPower) entered the national Top 50 in the 2026 Philippine report of Brand Finance, an independent brand valuation consultancy.

In its debut in the Top 50, the AboitizPower brand ranked 26th in brand value and 42nd in brand strength, joining fellow Aboitiz Group business unit UnionBank in the 2026 list.

Brand value represents the transferable asset value of a brand, while brand strength evaluates a brand’s ability to drive commercial impact versus competitors.

‘Beyond its name and logo, the AboitizPower brand is a living expression of the trust, values, and reputation that we’ve built and stewarded over time,’ said AboitizPower Vice President for Corporate Affairs Suiee Suarez. ‘This recognition by Brand Finance highlights that our brand’s strength and economic value resonate with both the people we serve and industry experts.’

AboitizPower was also featured in Brand Finance’s ‘Brands to Watch’ section, reflecting its growing relevance in the Philippine energy sector, which is touted to be the fastest growing sector in 2026 in terms of brand value.

‘The Philippine energy sector is one of the country’s fastest-growing industries from a brand value perspective, reflecting its expanding role in supporting economic growth and energy transition ambitions,’ said Alex Haigh, Brand Finance Managing Director Asia Pacific.

‘AboitizPower’s inclusion among the nation’s top 50 brands demonstrates how companies can create value not only through infrastructure and investment, but also through building a trusted and differentiated brand that resonates with customers, investors, and other stakeholders,’ he added.

The Brand Finance Philippines 50 2026 report ranks the country’s strongest and most valuable brands based on a combination of brand strength, stakeholder perceptions, and financial performance.

Meanwhile, AboitizPower has also been named one of the ‘Top 50 Employers in the Philippines’ for the second consecutive year by online job-hunting platform Kalibrr.

‘As the Philippine energy sector evolves, AboitizPower has positioned itself at the center of the country’s transition toward more sustainable and technology-driven solutions,’ the Kalibrr website said.

‘Beyond powering communities, the company has become known for building careers where innovation, leadership, and long-term impact intersect – attracting professionals who want to contribute to work that extends far beyond the office,’ it added.

The recognition is based on a data-driven evaluation of employer brand, hiring trends, industry impact, and insights from job seekers, recruiters, and third-party sources.

ASUS Republic of Gamers announces Gjallar gaming soundbar

Premium, compact gaming soundbar features 2.1.2 Dolby Atmos surround sound, built-in AEC microphones, and intuitive cross-platform controls

KEY POINTS

Immersive 2.1.2 surround sound: Dolby Atmos® support with left and right full-range speakers, tweeters, up-firing channels, and 5G wireless subwoofer

All-in-one audio control hub: Adjust EQ settings, playback, input sources, and RGB lighting; built-in AEC microphones provide unmatched voice clarity

Multi-platform compatibility: Connect to multiple devices via USB-C®, HDMI® 2.1 (eARC), optical or AUX inputs, and Bluetooth® 5.3

Easy adjustments: Web-based Gear Link PC tool and mobile app to tweak EQ, lighting, microphone, and other settings

AVAILABILITY AND PRICING

ASUS ROG Gjallar will arrive in the Philippines this coming September 2026 and will be available with an SRP of PHP 33,490.

Okada Manila celebrates mid-autumn with exclusive chocolate mooncakes in seven decadent flavors

Forbes 5-Star Okada Manila unveils a modern take on a cherished tradition with Mid-Autumn Confections, a limited-edition collection that transforms the familiar mooncake into premium chocolate creations. Available from August 24 to October 7, 2026 at PHP 3,988 nett per box, the seasonal offering honors the occasion’s gifting tradition through exquisite creations designed to express gratitude, prosperity, and reunion. For generations, mooncakes have held a special place at the Mid-Autumn table, exchanged among family, friends, and valued partners as symbols of togetherness and good fortune. Mid-Autumn Confections draws from this enduring custom while introducing an innovative interpretation through premium chocolate. Exclusive to Okada Manila, each piece preserves the recognizable mooncake form while revealing a delicate chocolate shell and richly flavored center beneath.

Presented in an elegantly designed gift box, the assortment showcases the artistry and technical precision of Okada Manila’s pastry team. The result is an exquisite selection created to make an impression, whether presented as a thoughtful gift, shared at a festive gathering, or savored one piece at a time.

Each chocolate mooncake begins with an expertly tempered shell that gives way with a delicate snap to a richly layered center. Tiramisu unfolds with deep coffee richness and velvety creaminess, while Citrus brings a bright, silky lift. Pistachio Kataifi contrasts roasted pistachio with a fine, crisp crunch, and Hazelnut delivers toasted nuttiness with a smooth, rounded finish. Salted Caramel melts into buttery sweetness sharpened by sea salt, while 64% Dark Chocolate lingers with deep, bittersweet cocoa. Sesame with White Lotus completes the assortment with roasted sesame and smooth lotus sweetness, paying tribute to a classic Mid-Autumn flavor.

‘Mid-Autumn Confections reflects how we approach every celebration at Okada Manila: with thoughtful craftsmanship, meaningful traditions, and experiences that bring people together,’ said Andreas Balla, Vice President for Food and Beverage at Okada Manila. ‘From discovering new flavors to creating lasting memories with family and friends, we want every Mid-Autumn visit to become part of an unforgettable celebration.’

Advance reservations are available until August 23, 2026, with Mid-Autumn Confections available for pickup from August 24 to October 7, 2026 at Pastry Shop and Red Spice. Newly signed-up Reward Circle members enjoy an exclusive 10% discount, while guests and partner groups purchasing 10 boxes or more also receive 10% off. Guests may sign up for Reward Circle at okdmnl.ph/RCSignUp.

Beyond the chocolate mooncakes, Okada Manila transforms the Mid-Autumn season into a destination-wide celebration filled with exceptional experiences to anticipate and discover. Guests can explore immersive festival-inspired installations, turn the occasion into an elegant escape with exclusive hotel stays, unwind with rejuvenating spa experiences, and come together for family-friendly activities throughout the Forbes 5-Star integrated resort. Adding star power to the season, select VIP guests can look forward to an exclusive Mid-Autumn concert featuring K-pop sensation SUNMI, with a special performance by The Voice of the Philippines champion Mitoy Yonting and The Draybers.

Guests may reserve a box of Mid-Autumn Confections and discover the full Mid-Autumn celebration at Okada Manila by visiting www.okadamanila.com, emailing RestaurantReservation@okadamanila.com, or calling +632 8555 5799.

Price: PHP 3,988 nett per box

Pre-order Period: until August 23, 2026

Claiming Period: August 24 – October 7

Location: Pastry Shop and Red Spice

Special Offers:

10% OFF for newly signed-up Reward Circle members

10% OFF for guests and partner groups purchasing 10 boxes or more

Philippines and Italy sign landmark driver’s license conversion protocol

AFTER eight years of bilateral negotiations, the Philippines and Italy have officially signed an updated driver’s license conversion protocol, easing the requirements for thousands of Filipinos residing in the European nation, and Italians in the Philippines.

According to the Philippine Embassy in Rome, the updated agreement applies to Philippine driver’s license models issued between 2017 and 2023.

Filipinos who have resided in Italy for less than six years may automatically convert their valid driver’s license to an Italian equivalent without taking theoretical or practical driving examinations.

Automatic conversion for Filipino immigrants or workers who have lived in the country for more than six years does not apply. They can only convert their drivers’ license after passing a practical driving test to verify their technical fitness in accordance with Italian legislation. They will have six months from the time the agreement takes effect to apply for the conversion.

‘After this 180-day window closes, the standard six-year rule applies with no exception,’ the Embassy said in its advisory.

Philippine Ambassador to Rome Neal Imperial and Nicoletta Bombardiere, director general for Sub-Saharan Afria, Latin America, Asia and Oceania at the Italian Foreign Ministry and International Cooperation signed the new protocol.

The protocol amends the core framework originally established under the 2006 Memorandum of Understanding on the Automatic Exchange of Driver’s Licenses.

The 2006 MOU ‘remains valid and in force.’ However, the Italian side paused automatic conversion pending the signing and entry into force of the Protocol, as there were driver’s license models from both sides and certain provisions that ‘needed to be reflected and updated in the agreement.’

Once internal procedures and ratifications are completed by both nations, the protocol will officially enter into force 60 days following mutual notification through diplomatic notes.

‘This conversion protocol will benefit an estimated 2,000 Filipino drivers in Italy, especially those who depend on driving for their livelihood and those who drive across EU borders,’ Ambassador Imperial said.

The Filipino community is one of Italy’s largest migrant communities.

Technical discussions between the Philippine Embassy and Italy’s Ministry of Infrastructure and Transport remain ongoing to expand coverage to license models issued from 2024 onward, Imperial added.

System loss: Transparency, not artificial savings

Every Filipino wants lower electricity rates. Industry wants them. Consumers need them. Government rightly seeks them.

But if we are serious about bringing down the cost of electricity, we must distinguish between actually reducing a cost and merely removing that cost from the electricity bill. This distinction is important in the ongoing discussion on the proposed removal of the system loss charge.

The Coconut Refiners Association has called for a careful and comprehensive review of system loss charges. We support measures that will make electricity more affordable, but reforms must be based on the technical realities of delivering electricity and must produce genuine-not merely apparent-savings for consumers.

System loss is a physical reality

System loss refers to electricity that is lost as power travels through the distribution network before reaching customers. Part of this is technical loss, arising from the physical characteristics of electrical systems-such as resistance in wires, transformers and other network equipment. Another part is non-technical loss, which may result from electricity theft, meter tampering and other unauthorized consumption.

The distinction matters. Technical loss cannot simply be legislated out of existence. Electricity is lost whenever it passes through conductors and electrical equipment. Distribution utilities must continuously invest in better equipment, network upgrades and improved system design to minimize these losses, but they cannot bring technical loss down to zero. More importantly, every kilowatt-hour that is technically lost must first be purchased.

A distribution utility cannot tell a generation company: ‘We will not pay for this electricity because some of it was lost while traveling through our network.’ The generation company supplied that electricity, and somebody must pay for it.

This is why I agree with the Energy Regulatory Commission’s (ERC) fundamental position that legitimate technical system loss is a cost of service. Prohibiting its recovery from customers does not make the underlying cost disappear. It merely raises the question of where that cost will ultimately be recovered.

Transparency creates accountability

EPIRA was designed around the concept of unbundling electricity rates so that consumers can see what they are paying for.

Section 25 of Republic Act No. 9136, or the Electric Power Industry Reform Act, requires every distribution utility to identify and segregate in its bills to end-users the components of the retail rate. Section 36 likewise requires the unbundling of rates so that the rates reflect the respective costs of providing electricity services.

Under Section 43(f), the Energy Regulatory Commission exercises its authority to regulate distribution wheeling rates and retail rates. Consistent with this framework, Rule 15 of the EPIRA Implementing Rules and Regulations provides for the identification and separation of the individual charges for generation, transmission, distribution and supply, with the ERC establishing efficiency standards that expressly include system losses.

The principle is straightforward: let consumers see the costs.

If system loss remains a legitimate cost but the system loss line item is simply removed from the bill, where will the cost go? If it is incorporated into another rate component, consumers may see a lower or disappearing ‘system loss’ charge, but that does not necessarily mean they are paying less. That would risk creating artificial savings on paper rather than real savings in the monthly bill.

I would rather have system loss clearly disclosed, measured and scrutinized than hidden inside another cost component.

Today, consumers can see how much system loss contributes to their electricity bill. In Meralco’s case, system loss accounts for roughly 5 percent of the bill. Regulators and the public can also examine the utility’s system loss performance and distinguish between technical and non-technical losses.

If we backtrack from this transparency, consumers may eventually lose sight of how much electricity is being lost, how much they are paying for it, and whether utilities are becoming more efficient. That would be a step backward.

There is no shortcut to reducing system loss

None of this means distribution utilities should be given a blank check. Quite the opposite.

System loss must remain subject to strict regulatory oversight and efficiency standards. Utilities should continuously be challenged to reduce technical losses through investments in better conductors, transformers, substations, network configuration, advanced metering and other technologies.

Non-technical losses likewise deserve aggressive attention, particularly electricity theft, meter tampering and illegal connections.

The objective should therefore be to reduce system loss itself-not merely remove the words ‘system loss’ from the bill. There is no shortcut.

If we want lower technical losses, we need efficient networks and sustained investment. If we want lower non-technical losses, we need stronger enforcement against electricity theft and better cooperation among utilities, law-enforcement agencies, local governments and communities.

These are harder solutions than deleting a line item from an electricity bill. But they are also the solutions that produce real and lasting results.

Focus on the biggest part of the bill

AT the same time, our national discussion must maintain perspective.

System loss represents only around 5 percent of the electricity bill. The generation charge, by comparison, accounts for roughly 64 percent and is by far the largest component.

If our collective objective is to achieve a meaningful and sustainable reduction in electricity prices, then this is where much of our attention must be directed.

Recent increases in electricity bills have been driven primarily by higher generation costs. These are affected by international fuel prices, movements in the peso-dollar exchange rate and geopolitical developments that disrupt global fuel and energy markets.

A weaker peso makes imported fuel more expensive. Higher international coal, oil and gas prices increase the cost of producing electricity. Wars and geopolitical tensions can disrupt supply chains and send global energy prices upward.

These factors are largely beyond the control of distribution utilities, which purchase electricity from generation companies and pass through generation costs to consumers subject to regulation.

This is why the debate on electricity affordability should go beyond one component of the bill.

We need to ask the larger questions: How do we secure more competitive generation? How do we reduce our vulnerability to imported fuel prices? How do we attract investments in reliable and least-cost power supply? How can government taxes, regulatory policies and other charges be reviewed without compromising reliability and energy security?

These are difficult questions. But difficult questions are exactly what we must confront if we want meaningful reductions in electricity prices.

A bayanihan approach to electricity costs

The Coconut Refiners Association has long believed that complex national problems cannot be solved by government or the private sector acting alone.

We have seen this in our campaign against smuggling.

For many years, CORA has worked with government agencies, legitimate manufacturers, industry associations and other stakeholders to fight illicit trade and protect Philippine industries. The campaign succeeds when government and industry stop viewing each other from opposite sides of the table and instead recognize that they share a common national interest.

We need the same bayanihan spirit in addressing high electricity costs.

Government, regulators, distribution utilities, generation companies, consumer groups and Philippine industries should work together – not to defend particular interests, but to identify where costs can genuinely be reduced without compromising reliability, investment and energy security.

Instead of asking who should be blamed for every component of the electricity bill, let us ask what each sector can contribute to bringing the total bill down.

Distribution utilities must improve efficiency and reduce system losses.

Generation companies must compete to provide reliable electricity at the lowest reasonable cost.

Regulators must ensure that only prudent and reasonable costs are recovered while maintaining a regulatory environment capable of attracting the investments our power system needs.

Government must examine taxes, policies and regulatory requirements that contribute to electricity costs and accelerate reforms that can strengthen competition and energy security.

Consumers, businesses and communities must also support efforts against electricity theft and promote responsible energy use.

This is what bayanihan means in the energy sector: shared responsibility toward a common objective.

The author is the Chairman and President of the Coconut Refiners Association, and Chairman Emeritus of FPI.

Fajardo targets Japanese’s IBF flyweight crown

MIEL FAJARDO goes after Japanese Masamichi Yabuki’s International Boxing Federation (IBF) flyweight belt in either October or November a still undetermined venue.

Fajardo, 26 of Agusan del Sur, became a mandatory challenger after he knocked out Argentina’s Tobias Reyes in only 65 seconds of the first round in a title elimination clash last April in Santa Fe, Argentina.

‘It won’t matter where the fight will take place, what’s important is the opportunity to fight for a title,’ Fajardo told reporters during an open workout on Friday at the Elorde Sports Center in Parañaque City.

American matchmaker Sean Gibbons is representing Fajardo by way of Lennon Tsoi of Hong Kong.

‘Miel’s got a terrific chance because he is disciplined and hits really hard,’ said Tsoi, who had a short-lived career as a pro.

Fajardo sports a 14-3-2 win-loss-draw card with 12 knockouts, while Yabuki, older at 34, is 20-2-0 with 18 knockouts.

‘A victory would somehow make our lives better and this is the main reason why I have the burning desire to win the world title,’ he said. ‘Winning would also allow me to give my country honor on top of the ring.’

Pagcor’s 16 Casino Filipino sites earn ISO 9001:2015 certification

THE Philippine Amusement and Gaming Corporation (Pagcor) has secured ISO 9001:2015 certification for 16 of its Casino Filipino sites and branches, highlighting the agency’s commitment to internationally recognized quality standards.

Pagcor Chairman and CEO Mr. Alejandro H. Tengco received the certification from DQS Certification Phils. Inc. during a simple awarding ceremony Thursday, August 13, at the Pagcor Corporate Office in Pasay City.

The certification followed surveillance audits conducted on March 2 to 5 and March 9 to 10, 2026, covering 16 Casino Filipino sites.

The certified sites are Casino Filipino sites in Mactan, Venezia, Calamba, Town Center, Premier, Apo View, El Rancho, Fuente, Subic Bay Yacht Club, Tropicana, Adriatico, Grand Imperial Gensan, Iloilo, Oriental Pavilion, Leisure World and Cagayan Valley.

Tengco said the certification is another milestone for Pagcor.

‘This milestone reflects the dedication of our people and our collective commitment to raising the standards of Pagcor’s operations. I thank everyone who worked hard to make this certification possible,’ Mr. Tengco said.

He said the certification should translate into sustained improvements in the agency’s systems and processes.

‘ISO certification provides a framework for strengthening our processes, improving efficiency and ensuring greater consistency and accountability in the way we deliver our mandate,’ he said.

Tengco also called on Pagcor personnel to support the implementation of the agency’s Quality and Environmental Management System and its environmental sustainability initiatives.

‘Quality and environmental responsibility must be part of our continuing work. I encourage everyone to contribute to these efforts,’ he said.

The ISO 9001:2015 certification for the 16 sites is valid until March 22, 2029, subject to the completion of annual surveillance audits.

Over 15,300 families to get payment relief from SHFC amid habagat

More than 15,300 families affected by the enhanced southwest monsoon (habagat) and tropical cyclones Luis and Maymay will benefit from a one-month payment moratorium implemented by the Social Housing Finance Corporation (SHFC).

The moratorium, equivalent to more than ?5.3 million in housing assistance, covers member-beneficiaries from more than 90 community associations in the National Capital Region (NCR), Bulacan, Nueva Ecija, Rizal, and Cavite.

Led by President and CEO Federico Laxa, SHFC is an attached agency of the Department of Human Settlements and Urban Development (DHSUD) under Secretary Jose Ramon Aliling, mandated to implement socialized housing initiatives under the Expanded Pambansang Pabahay para sa Pilipino (4PH) Program.

The relief measure is in line with President Ferdinand R. Marcos Jr.’s directive for government agencies to extend assistance to families affected by the recent calamities. It will be in effect from August 6 to September 5, 2026, providing beneficiaries temporary relief from their monthly amortization payments as they recover from the damage caused by the floods and other weather-related incidents.

Aliling said the moratorium seeks to ease the financial burden on affected families and give them more time to recover. ‘Sa panahon ng kalamidad, mahalagang mabawasan natin ang kanilang mga alalahanin, at ito ang ambag ng DHSUD upang kahit papaano ay makatulong tayo sa pagbangon ng mga biktima ng pagbaha,’ he said.

Laxa, meanwhile, reiterated SHFC’s commitment to standing with communities during times of crisis. ‘Sa ganitong sitwasyon, mananatiling kaagapay ng komunidad ang SHFC ng ating mga kababayan na labis na naapektuhan upang maibsan natin ang kanilang pag-aalala,’ he said, emphasizing SHFC’s goal to relieve the financial stress on affected communities.

Beneficiaries in covered areas are advised to get in touch with their respective SHFC branch offices for details on how to avail of the moratorium.

For more information on SHFC projects and application procedures, the public may visit www.shfc.gov.ph or call (02) 5322-7300.