DTI to push zero banana tariffs under PJEPA

The Philippines will push Japan to eliminate tariffs on local bananas during trade talks from October 23 to 26, as both countries work toward concluding a review of their economic partnership agreement by November.

Department of Trade and Industry (DTI) Secretary Ma. Cristina A. Roque said the negotiations team, led by the agency’s Bureau of International Trade Relations (BITR), would travel to Japan for the discussions, which could be the final round if both sides make sufficient progress.

‘Possibly, if all goes well, that will be the last,’ Roque told reporters on the sidelines of the second Association of Southeast Asian Nations-China Business Leaders Summit on Monday in Pasay.

Another round may be needed depending on the outcome, she added. The trade chief said she had already spoken with Japan’s trade minister and other officials ahead of the talks.

The Philippines is seeking to lower Japan’s seasonal duties on bananas, which currently range from 8 percent to 18 percent under the Philippines-Japan Economic Partnership Agreement (PJEPA).

The tariff is 18 percent from April to September and 8 percent from October to March.

‘Definitely bananas on our side,’ Roque said, describing the fruit as one of the key Philippine industries the government wants to advance in the negotiations.

‘We’re hoping to bring it down… to zero, or at least lower the eight.’

China and Japan remain major export markets for Philippine bananas, according to the Food and Agriculture Organization of the United Nations.

The Philippines supplies about 75 percent to 80 percent of Japan’s banana imports, making access to the Japanese market a significant concern for local exporters.

Signed in 2006 and effective since December 2008, the PJEPA was the Philippines’ first bilateral economic partnership agreement.

Its current general review covers market-access concerns across a range of products, although bananas remain a key Philippine priority.

Carino brace powers Ateneo past UE

Dov Cariño scored twice as Ateneo defeated UE, 2-1, on Thursday for its first win in the University Athletic Association Season 89 football tournament.

Mark Maghinay gave UE an 11th-minute lead, and it took a while before Cariño equalized in the 66th minute.

Carino headed home the winner in the 78th.

Ateneo remained sixth in the standings with four points, level with Far Eastern University but behind on goal difference at -5.

Ateneo faces FEU on Sunday at 4:30 p.m. to close out the first round.

UE is seventh with zero points, winless in 15 matches.

Palawan Group strengthens partnership with LANDBANK, DSWD

The partnership expands access to financial assistance through digital and Palawan branches.

For many Filipinos who rely on government assistance, getting the support they need can come with its own set of challenges. Reaching a payout center may mean spending extra for transportation, taking time away from work, or traveling a considerable distance-an added burden for households already managing limited resources.

Making assistance available, therefore, also means making it easier to receive.

With its extensive physical and digital financial services network, the Palawan Group of Companies is helping make government assistance more accessible to more Filipinos.

The Palawan Group is strengthening its partnership with the Land Bank of the Philippines (LANDBANK) and the Department of Social Welfare and Development (DSWD) to support the distribution of financial assistance through DSWD’s Hybrid Digital Payout (HDP) System.

The partnership was formalized through a Memorandum of Agreement (MOA) signing at the LANDBANK Tanauan Branch in Batangas, bringing together the Palawan Group, LANDBANK Southwest Luzon Branches Group, and DSWD. Under the agreement, Palawan Group will serve as an accredited Financial Service Provider (FSP) for distributing financial assistance under the HDP System.

The HDP System gives eligible beneficiaries more ways to receive government assistance by combining digital and over-the-counter payout channels. Those who are able to transact digitally can receive their assistance electronically, while beneficiaries who prefer or need face-to-face transactions can use physical payout points.

This flexibility recognizes that beneficiaries have different circumstances and levels of access to financial services. They may include low-income households, senior citizens, informal workers, and other vulnerable individuals and families who rely on government support to help meet essential needs.

For Palawan Group, the partnership builds on its BrickTech approach, which combines its physical branch network with digital financial services to give Filipinos more ways to transact.

With more than 3,800 branches nationwide and 23 million PalawanPay users, Palawan can leverage both channels to support the HDP System. Its branches offer a familiar face-to-face option, while PalawanPay provides a digital alternative for beneficiaries who are equipped and comfortable with digital transactions.

Together, these channels can bring payout services within easier reach of beneficiaries, particularly those with limited access to traditional banking facilities.

‘This partnership strengthens the work we have already been doing together and allows us to support more beneficiaries through accessible and convenient payout channels. We can help bring assistance closer to communities. For us, this is what serbisyong may malasakit means-using our network to make financial services more accessible and responsive to the needs of the Filipinos we serve,’ said Missy Baldemor, Head of Palawan for Business, on behalf of Chief Business Development Officer Lisa Castro-Sabado.

The collaboration brings together the complementary strengths of the three organizations: DSWD in implementing social protection programs, LANDBANK in providing the financial infrastructure for government payouts, and Palawan Group in providing additional physical and digital channels for beneficiaries.

For beneficiaries, more ways to receive assistance can mean less time spent traveling, greater flexibility in how they transact, and easier access to funds for everyday needs.

The partnership also reflects Palawan Group’s continuing commitment to financial inclusion and its work with government and private sector partners to make financial services more accessible to more Filipinos. Through its BrickTech model, the Group continues to connect its nationwide physical presence with digital solutions, allowing it to serve customers through the channels that best fit their needs.

billboards do the job socmed

Through its partnership with LANDBANK and DSWD, Palawan Group will continue to support the efficient and reliable distribution of government financial assistance-helping make the process simpler and more accessible for the Filipinos it serves.

Wider HPV vaccination seen as key to accelerating cervical cancer elimination in PHL

Experts from the European Parliamentary Forum for Sexual and Reproductive Rights (EPF) say that while the Philippines has laid much of the policy groundwork for human papillomavirus (HPV) prevention, eliminating cervical cancer will require broader vaccine coverage, including the eventual expansion of vaccination to boys, and stronger local implementation.

The recent launch of the HPV Prevention Policy Atlas Asia-Pacific 2026 at the House of Representatives brought together lawmakers, health advocates, civil society groups, and cervical cancer survivors to address gaps in the country’s HPV policies and their implementation.

The Atlas gave the Philippines an overall score of 71.6 percent, trailing several Southeast Asian neighbors, including Brunei Darussalam at 87.7 percent, Malaysia at 86 percent, Indonesia at 84.2 percent, Singapore at 79.7 percent, and Thailand at 78.9 percent. The results underscore the gap between established policy frameworks and their implementation on the ground.

‘The policies are there. Just implementation is lacking,’ said Marina Davidashvili, head of policy and research at EPF.

Designed as a policy benchmarking tool rather than an epidemiological survey, the Atlas evaluates national frameworks in three areas: HPV vaccination, cervical cancer screening, and public access to verified online health information. EPF identifies expanding vaccine coverage as the Philippines’ most urgent priority.

Closing gaps in vaccination coverage

Through the Department of Health’s School-Based Immunization Program (SBIP), the government provides free, two-dose HPV vaccination to girls aged nine to 14 in public schools. Some local government units (LGUs) and public hospitals also conduct supplemental vaccination drives for indigent patients.

However, EPF highlights significant gaps in the current strategy, emphasizing the need for robust catch-up programs, improved vaccination tracking systems, and the eventual inclusion of boys in the national vaccination program.

‘If a girl didn’t go to school on that day, she missed the vaccine. There is no opportunity for her to get the vaccine. So catch-up programs would be very important,’ Davidashvili said.

Expanding access beyond school-based vaccination would help ensure that girls who miss scheduled immunization activities are not left unprotected.

Extending protection to boys

Transitioning to gender-neutral HPV vaccination is another important benchmark for strengthening prevention efforts.

Although cervical cancer remains a primary focus of HPV prevention, the virus can also cause several types of cancer in men. Vaccinating boys, therefore, could broaden protection against HPV-related diseases and help reduce transmission across the population.

‘Gender-neutral [vaccination] has to be something envisaged at some point,’ said Neil Datta, founder and executive director of EPF.

‘There’s a lack of awareness that this can affect men as well,’ he added.

billboards do the job socmed

Addressing practical barriers-including missed school-based vaccination schedules, limited public awareness, and inconsistent local implementation-is essential to translating policy commitments into effective immunization programs.

Mobilizing local GAD funds

Another strategy raised during the Atlas launch was the use of local Gender and Development (GAD) funds to support HPV vaccination and cervical cancer prevention programs.

Datta said clear administrative guidelines on allocating GAD funds for HPV and cervical cancer initiatives would help LGUs address financing gaps and strengthen local prevention efforts.

‘Potential funding is there. It’s just a question of liberating it and really making it available for this issue,’ he said.

The Philippines’ decentralized health system could also enable LGUs that prioritize HPV prevention to move more quickly in implementing local programs.

‘Where there’s political will at the local level, they can move faster. They don’t need to wait for what’s coming from the capital,’ Datta said.

Turning policy commitments into action

The Atlas launch demonstrated strong legislative interest, drawing around 10 lawmakers, including senior congressional leaders, who participated in discussions on strengthening HPV prevention and cervical cancer elimination efforts.

‘The overall tone of the discussion was all very constructive. Everyone wanted to find solutions,’ Datta said.

Sustaining this momentum will require coordinated action across government. Congress must exercise oversight to help ensure that public resources reach intended beneficiaries, national agencies must provide clear financing and operational guidelines, and LGUs must strengthen local delivery mechanisms to bring vaccination and other preventive services closer to communities.

A sustained national commitment across administrations will also be essential if the Philippines is to close the gap with regional leaders in cancer prevention.

Chameleons seize solo lead, keep Highrisers winless

Nxled beat Galeries Tower, 25-16, 22-25, 25-17, 25-19, to claim the solo lead in the 2026 premier Volleyball League All-Filipino Conference Thursday at the SM Mall of Asia Arena.

The Chameleons improved to 3-0 behind a dominant blocking game, finishing with a 14-4 advantage in blocks and a 61-46 edge in attacks.

Jonah Sabete-Escamillan led Nxled with 22 points, while MJ Phillips added 14 and Brooke Van Sickle had 12 points and 13 excellent digs. Gel Cayuna contributed 20 excellent sets.

Galeries Tower remained winless at 0-3, with Alyssa Bertolano scoring 13 points.

Galeries Tower faces Choco Mucho on Tuesday at 6 p.m. at the Ninoy Aquino Stadium.

Nxled returns to action against the Titans on Nov. 3 at 6 p.m. at the Smart Araneta Coliseum.

PRSP prexy tells young PR professionals to prepare, not panic, as AI changes the communications workplace

For young Filipinos preparing to enter the workforce, one question is becoming harder to ignore: Will the skills they are learning today still be enough to land a job tomorrow?

That concern was central to the message that Ana Pista, APR, delivered at the Konvensi Humas Indonesia (KHI), where the Public Relations Society of the Philippines (PRSP) president urged aspiring communicators to prepare for a profession being reshaped by artificial intelligence (AI).

Her keynote, titled ‘Don’t Fear Disruption. Lead It,’ challenged students and young public relations practitioners to look beyond the uncertainty surrounding AI and focus on what they can do to remain relevant.

‘Adapt. Upskill. Lead,’ Pista told her audience, laying out three priorities for navigating a workplace in which familiar tasks, job descriptions and career paths are changing.

KHI is a major forum for Indonesia’s public relations practitioners, academics and communications leaders to discuss and help shape the future of the profession. It brings together stakeholders from government, the private sector, academia and the professional PR community.

Pista’s participation placed a Philippine perspective on a challenge facing communications professionals well beyond Indonesia: how to prepare the next generation for an industry in which technology is changing not only how people work, but also what employers expect from them.

The challenge starts before the first job

For many young professionals, the first job is where they learn the basics: researching a story, preparing communications materials, writing content and supporting more experienced colleagues.

These assignments may seem routine, but they help newcomers develop the judgment and experience needed to take on greater responsibilities.

AI is changing that equation. Tools can now assist with research, drafting and other tasks that once required considerable time from junior employees. While this can make teams more productive, it also raises questions about how new graduates will gain experience if some traditional entry-level assignments become less common.

Pista addressed this concern directly in her presentation, citing industry research on AI-related workforce reductions, hiring freezes and the automation of work traditionally performed by junior employees.

She challenged her audience to consider two questions: How confident are they about getting the jobs they want? And for those already employed, how confident are they that they can keep their jobs and remain relevant?

The questions are especially pertinent in the Philippines, where graduates and experienced workers alike must navigate changing employer expectations as businesses adopt new technologies.

The challenge, however, is not simply about competing with machines. It is about recognizing which skills are becoming less valuable on their own and which capabilities people need to develop to work effectively in an AI-driven environment.

For aspiring communicators, knowing how to use AI tools may be a useful starting point. Understanding when their output is inaccurate, recognizing what is missing from a story and deciding how to communicate responsibly are different skills altogether. Beyond learning to use AI

Pista identified fear as one of the biggest obstacles to adapting to change: fear of becoming irrelevant, fear that AI might become better than people at certain tasks, and fear among young professionals that there may no longer be a place for them in the workforce.

billboards do the job socmed

Her response was not to dismiss these concerns, but to encourage people to approach disruption differently.

‘Do not fear disruption,’ was the central message she wanted her audience to take back to their workplaces.

That does not mean ignoring the risks or assuming every worker will benefit automatically from technological change. Rather, her message calls for a more active response: learning new skills, adjusting to changing demands and looking for ways to contribute beyond tasks that technology can increasingly perform.

For communications professionals, that could mean strengthening their ability to assess information, understand audiences, develop strategy and build relationships. These responsibilities require more than producing content quickly. They involve judgment, context and an understanding of how messages affect the people who receive them.

Pista also pointed to a media environment where audiences are spread across more platforms, the boundaries between public relations, marketing, advertising and technology are increasingly blurred, and trust is harder to maintain amid misinformation and AI-generated content.

In such an environment, producing more content is not necessarily the same as communicating more effectively. Credibility, accuracy and a clear understanding of the audience remain essential.

That distinction matters in the Philippines, where businesses, government agencies and media organizations must contend with a fast-moving digital information landscape. As AI makes content easier to produce, the responsibility to verify information and communicate honestly becomes no less important.

Why this matters to Filipino workers

The questions Pista raised in Jakarta extend beyond the PR industry. Filipino workers across different fields are confronting similar decisions as employers explore how AI can change the way work gets done.

In the Philippines, workforce preparation has become an important part of the conversation about technological change. Government agencies and industry groups face the challenge of helping workers acquire relevant digital skills while ensuring that training responds to actual employment needs.

But the responsibility cannot rest on workers alone. Employers must also consider how they introduce AI, train their teams and provide opportunities for employees to take on new responsibilities.

For young professionals, the disappearance or automation of certain tasks could make the first steps into a career more difficult. Organizations will need to think carefully about how graduates can still develop practical experience, learn from senior colleagues and demonstrate their abilities.

This is particularly relevant to communications teams, where foundational assignments often serve as training grounds for future strategists, editors and leaders.

Pista’s call to adapt and upskill is therefore only part of the equation. Preparing for an AI-driven workplace also requires organizations to create room for people to learn, experiment and grow.

Cross-border insights for a shared ASEAN future

The value of cross-border dialogue was echoed by PERHUMAS Chairman and Global Alliance for Public Relations and Communication Management Board Member Boy Kelana Soebroto, who expressed appreciation for Pista’s engagement with Indonesia’s emerging communicators.

Soebroto emphasized that the Philippine experience offers vital insights for Indonesian practitioners.

As both nations navigate the impact of AI, technology, and industry disruption, understanding how Philippine organizations are preparing young talent provides a valuable benchmark for the broader ASEAN region.

This exchange highlights a growing imperative for regional solidarity. Because the disruption facing young professionals transcends national boundaries, regional leaders are calling for greater knowledge-sharing and joint solutions across ASEAN to ensure the next generation is fully equipped to adapt, upskill, and lead.

A future built through collaboration

This focus on regional solidarity closely aligns with another core theme of the forum: the necessity of cross-disciplinary collaboration as professional boundaries increasingly overlap.

Communications practitioners can no longer work in isolation from technology, marketing and other business functions. Understanding how these disciplines work together can help professionals respond to changing audience expectations and make better use of emerging tools.

For Pista, disruption can also bring out qualities that help people move forward: the willingness to learn, the ability to adapt, the imagination to create new solutions and the courage to try something unfamiliar.

She reminded her audience that people have repeatedly adjusted to change, developed new ideas and rebuilt when established ways of doing things no longer worked.

Her perspective reflects a broader point about the future of work: technology may change the tasks people perform, but the response to that change depends on decisions made by individuals, employers and institutions.

Pista, who also serves on the board of the Global Alliance for Public Relations and Communication Management, said her commitment to the next generation is closely tied to how she measures her own professional legacy.

For her, legacy is not primarily about titles, positions or awards. It is about the knowledge shared, doors opened and opportunities created for those who will eventually take over the profession.

That message gives her keynote a practical dimension beyond the immediate debate over AI. Preparing the next generation is not just about telling young people to keep up with technology. It also means helping them develop the skills, confidence and experience to build careers as the workplace changes.

For Filipino communicators entering this new environment, the challenge is real. But Pista’s message in Jakarta was clear: the goal is not to stop disruption. It is to be ready to shape what comes next.

Malayan Insurance: For what matters most, protection comes first

Protection means something different to everyone. For some, it means taking care of their health. For others, it means securing their family’s future or preserving the passions and businesses they have worked hard to build.

As many people look ahead to 2027, three individuals are sharing what they want to protect most, and why protection is deeply connected to the lives they choose to build.

For yoga instructor Des Irlanda, protection begins with health and well-being. After spending years in the corporate world, she eventually pursued yoga as a way to turn her passion for healing and wellness into a purpose-driven career.

‘This 2027, I want to protect the health and well-being of the people around me, and that includes my students,’ she shares. ‘For me, yoga is not just about exercise. It’s beyond that. It’s healing, finding balance on and off the mat, and of course it’s self-care.’

Today, she strives to create a safe and supportive space where her students can slow down, reconnect with themselves, and make their health and well-being a priority.

For entrepreneur and mother of four Joy Astilla, protection is closely tied to family. Her experience as a mom inspired her to build a business that caters to the needs of parents and families.

‘ I have four kids, and my parents also live with us,’ she says. ‘ I know the struggle of having to have so many roles: a wife, a mom, a daughter.I always want to give them the best and lagi ko iniisip yung mga pangangailangan nila.I want to give them a good life and I want to make it easier for them.’

For her, protecting her family also means protecting the purpose behind the business she built. By continuing to offer useful and practical products for parents and children, she hopes to support other families going through the everyday challenges of raising a family.

Meanwhile, Noel Bartolome Jr., an off-road racer and car enthusiast, sees protection through the eyes of passion. What began as a love for cars and off-roading eventually grew into a business of his own, offering automotive parts and services, detailing, and gear and accessories for fellow enthusiasts.

‘This 2027, I want to protect my passion for off-roading,’ Noel says. ‘(I also want) to continue our initiatives to help people in rural communities, especially in areas that are difficult to reach with ordinary vehicles.’

For Noel, protecting his passion goes beyond taking care of his vehicles and the business he has built around them. It also means being able to use that passion with purpose-reaching communities, helping others, and continuing the work that matters to him.

Their stories reflect a simple truth: protection is personal. It can mean protecting your health and family, securing your livelihood, pursuing the passions that matter to you, or safeguarding the future you are working to build.

For Malayan Insurance, protection has always been about helping everyday Filipinos take care of what matters most to them. Through its range of non-life insurance products, Malayan Insurance supports people in securing their families, properties, businesses, livelihoods and the things that they’ve worked hard to build.

Having the right protection gives people the confidence to keep moving forward-to pursue their passions, care for others, take on new opportunities, and build toward the future they envision. And with greater peace of mind, they can focus on what matters: the people, pursuits, and communities that give their lives meaning.

This 2027, Malayan Insurance invites Filipinos to ask a simple but meaningful question: What are you trying to protect?

A splendid little war, a long consequence

John Hay, soon to be United States Secretary of State, called the war with Spain a splendid little war, and by the scoreboard he was right. It lasted fewer than four months and ended with the US occupying Cuba, and owning Puerto Rico, Guam, and the Philippines, the last purchased from Spain for US$20 million. The crowd went home satisfied and Hay lives on in Baguio City as the name of Camp John Hay, an American military rest camp that became a mountain resort.

The crowd had been watching the wrong game. Within two months of the Treaty of Paris, American soldiers were fighting the Filipino forces that had been their allies against Spain. The Philippine War was declared over on July 4, 1902, and estimates of Filipino civilian deaths run well past 200,000. Cuba was the reason for the war. Manila was its consequence, and the consequence outlasted the victory by almost four years. In fact, by more than 120 years.

Cheering for the winner of a war runs on the same instincts as cheering for a team. The result arrives quickly, it is easy to read, and the fan goes home with it. A game ends at the final whistle and a war does not. The result is recorded in the first months. The consequences are recorded over generations.

Energy intelligence firm Vortexa reports that Iranian seaborne crude exports fell from a 14-day average of 230,000 barrels per day at the start of September 2026 to zero by the second week of the month, and they had not recovered as of October 15. About 83 million barrels of Iranian crude sit aboard tankers, 43 million of them trapped west of the Strait of Hormuz. ‘The blockade is doing what years of sanctions never managed,’ said Claire Jungman, Vortexa’s director of maritime risk and intelligence. The International Monetary Fund projects that Iran’s economy will shrink 7.6 percent this year. By the scoreboard, the US is winning.

Spectators follow the score because spectators do not receive the bill. Russian crude now makes up 80 percent of the high-risk exports Vortexa tracks across Iran, Russia and Venezuela. China needs Iranian crude less urgently now because Russian barrels have filled the gap. Oil flows from the rest of the Gulf have recovered to just over 81 percent of pre-war levels. In the US, gasoline prices rose 9.1 percent in September alone, the energy index rose 5.2 percent, and annual inflation reached 3.7 percent, against 2.4 percent in February. Diesel, which moves farms, freight and ships, is up 70 percent since then.

Manila stands further down that line than Washington does. The Philippines draws between 95 and 98 percent of its crude from the Middle East, depending on the estimate, and September inflation reached 7.2 percent, the highest since March 2023 and well above the 1.7 percent of a year earlier. For the poorest 30 percent of households it reached 9 percent. The Bangko Sentral ng Pilipinas (BSP) has raised its policy rate three times this year to 5.0 percent, Brent crude trades around US$100 a barrel, and the peso sits above P62 per US dollar, weaker than the record low it set in May.

The same war threatens the remittance line as well. About 2.4 million Filipinos work in the Middle East, and they sent home roughly $6.5 billion in cash remittances in 2025, about 18 percent of the national total. Some estimates put potential job losses among those workers at 200,000 to 340,000 if the war continues. A country that buys its fuel from one region and sends its workers to the same region has made one bet twice.

In July 1898 the Philippines was a footnote to a victory. Footnotes are where a war files its long consequences, and the footnotes of the Hormuz blockade are being written in pump prices in Metro Manila, in BSP rate decisions, and in remittance corridors that run to Riyadh and Dubai.

How much of the bill Manila pays depends on four decisions Manila controls: where it buys crude, how much of its fuel it refines at home, how much of its electricity runs on imported fuel, and which countries it sends its workers to. None of them has to wait for a ceasefire, and none of the decisions can be handed to the winner.

Hay was right about the scoreboard. The people who paid were never in the stadium.

E-mail me at mangun@gmail.com. Follow me on Twitter @mangunonmarkets. PSE stock-market information and technical analysis provided by AAA Southeast Equities Inc.

Nido Petroleum drilling to cost $25M

NIDO Petroleum Philippines Pty. Ltd. and consortium partners will spend at least $25 million per well to pursue drilling activities in offshore Northwest Palawan.

In a filing, Nido said the estimated expenditure for the drilling well activities in Service Contract (SC) 91 is at least $18 to $25 million per well.

The SC91 will be developed by its operator, Nido Petroleum, and other consortium members including Alcorn Petroleum and Minierals Corp., Forum Energy Phillippines Corp., Oriental Petroleum and Minierals Corp., The Philodrill Corp. and PNOC Exploration Corp.

The SC 91 covers an offshore area of about 103,034 hectares in the Northwest Palawan Basin and replaces the former SC 6B, which expired on Feb. 28, 2024. The new contract includes aims to re-evaluate and develop untapped oil reserves in the Cadlao Oil Field, which previously produced about 11.2 million barrels of oil between 1981 and 1991.

The redevelopment plan for SC91 will consist of two phases. The first will involve the drilling of one well with an upfront three to nine month extended well test in case drilling outcome favors commerciality.

The second phase will involve adding one to three wells, with production restart estimated to commence in the second half of this year or first half of 2027.

Exploration well drilling is conducted to establish the extent and size of a petroleum deposit that has already been discovered. Appraisal drilling is then carried out once oil or gas has been discovered in order to assess the extent of the field, the reserves, the possible rate of production, and the properties of the oil and gas.

Production activities will commence following successful exploration and appraisal confirmation of the commercial viability of the discovered hydrocarbon resources. Production will involve the drilling and completion of production wells.

Nido Petroleum was formally awarded the petroleum service contract in April this year by the Department of Energy.

The SC91 is part of the government’s push to expand indigenous oil and gas exploration under Presidential Decree 87.

Ube takes center stage in CBTL’s holiday drinks

This season, The Coffee Bean and Tea Leaf celebrates a beloved Filipino delicacy with two new ube-flavored drinks. Launching alongside The Giving Collection, these Philippine-exclusive sips are available for a limited time from October 23, 2026, to January 10, 2027. Share the cheer and enjoy a taste of local flavor this season.

It’s Ube Season at CBTL!

Pure Ube Ice Blended® – a balanced and velvety ube blended with milk into a smooth, frosty purple treat with a hint of sweetness

Ube Latte – Rich ube meets bold espresso and milk for a blend that’s creamy yet coffee-forward, crowned with a silky cream cap

Have it to-go or take it slow. Your holiday sip awaits at CBTL.

Follow @cbtlph on Facebook, Instagram, and TikTok for more updates.