Laughter and music fill the air with Tom Franek at Quezon Club

June gets more fun as comedian-musician Tom Franek makes his way back to the Philippines for an exhilarating evening of laughter, performances, and more. Quezon City’s first and only five-star luxury intergrated resort lights up as the three-time Grammy-nominated entertainer brings his signature piano-comedy performance blending his unique musicianship with stand-up comedy all the way to Quezon Club at Solaire Resort North for two weeks of fun starting June 11.

Previously featured as headliner for Disney, Princess Cruises, and known for live appearances on primetime television internationally, Tom Franek shares a new act to look forward to at Solaire Resort North for a memorable experience. Welcome a night of melodical and comical antics as Quezon Club opens its doors for patrons and guests to catch the exclusive shows this June 11, 13, 18, and 19.

Fuel the energy of the night with Quezon Club’s Western-inspired dishes for a savory touch to the evening. Indulge in a delicious meal perfectly paired with expertly crafted cocktails to complete the experience at the luxury integrated resort’s premier entertainment hub, and don’t miss an exciting sneak peek into the entertainer’s unforgettable set at the Solaire Resort North Lobby starting June 10.

Join the fun and be part of this exclusive comedic-musical event at Solaire Resort North this June. Reserve your table at quezonclub.com, call +632 8888 8888, or email snrestaurantevents@solaireresort.com. Admission is complimentary.

PDIC to bid out Luzon commercial lots in July

THE Philippine Deposit Insurance Corp. (PDIC) announced it will offer two prime commercial lots and other Luzon properties through an electronic public bidding on its ‘Assets for Sale’ microsite from July 8 to 9, 2026, with bid submissions open from 9:00 a.m. on July 8 until 1:00 p.m. on July 9 and the opening of bids at 2:00 p.m. that day.

According to the PDIC, the prime commercial properties are situated along major thoroughfares in Naujan, Oriental Mindoro and San Jose del Monte City, Bulacan. Both properties were previously used as bank premises, and are positioned in strategic growth areas. These assets present an exceptional opportunity for portfolio expansion, business development, and other commercial ventures. With minimum disposal prices of P3.0 million and P6.9 million, respectively, these assets give potential buyers strong long-term value appreciation.

The e-bidding will also offer other Luzon properties, comprising 35 residential lots, 18 agricultural lots, and five mixed residential/agricultural properties with areas ranging from 42 square meters to 4.5 hectares. These properties are located in Metro Manila, Albay, Batangas, Bulacan, Camarines Sur, Isabela, Laguna, La Union, Oriental Mindoro, Pangasinan, Quezon, Rizal, and Zambales, read a statement the PDIC issued last Tuesday.

Cautiousness marks bank lending to MSMEs

LATEST data released by the Bangko Sentral ng Pilipinas (BSP) showed that while loans extended by banks to micro-sized, small-scale and medium-sized enterprises (MSMEs) posted growth in the first quarter, it remained flat, reflecting cautiousness by the lenders and borrowers.

Based on the data from the central bank, loans made available to MSMEs climbed to P574.8 billion as of end-March, up 5.12 percent from the P546.82 billion recorded in the same period last year.

The same amount was made available to small merchants in the previous quarter or in the last quarter of 2025, at P574.8 billion.

The industry’s total loan books jumped by 2.71 percent to P12.14 trillion as of end-March 2026 from P11.82 trillion in the same period last year.

Out of the loan portfolio extended by all banks, the percentage compliance by banks to MSMEs grew to 4.73 percent as of end-March 2026, from the 4.63 percent compliance in the same quarter a year ago.

Still, this is less than half the 10 percent required by the law.

Under the Magna Carta for MSMEs, all lending institutions, whether public or private, are required to set aside at least 8 percent for micro and small enterprises and at least 2 percent for medium enterprises of their total loan portfolio.

Broken down, data showed that loans extended to micro and small enterprises only amounted to P238.45 billion as of end-March. This is equivalent to only 1.96 percent of the industry’s loan books, way below the 8 percent required by the law to be earmarked for micro and small merchants.

For medium enterprises, banks were able to extend P336.35 billion. This is equivalent to 2.77 percent of the industry’s loan books, above the 2 percent required by the law for medium-sized businesses.

Ateneo De Manila University Professor of Economics Leonardo A. Lanzona Jr. said that despite economic recovery and expanding loan portfolios, banks continue to allocate less than half of the legally-intended share of credit to the MSME sector.

‘This suggests that banks still perceive MSMEs as relatively risky borrowers and that alternative lending channels, rather than traditional bank financing, may be increasingly serving the sector,’ Lanzona told the BusinessMirror. ‘Unless incentives are provided by the government this situation is unlikely to change.’

Jonathan L. Ravelas, senior adviser at Reyes Tacandong and Co. noted that while MSME lending is still growing, ‘the pace is clearly easing.’

‘That reflects a more cautious environment on both sides,’ Ravelas said.

He noted that higher borrowing costs, tighter bank risk assessments and more conservative MSMEs are all contributing to this slowdown.

Ravelas added that the flat quarter-on-quarter numbers indicate that both lenders and borrowers are in a ‘wait-and-see’ mode, looking for clearer signals on rates and demand.

Moving forward, he said there is a need to ‘unlock’ lending through better risk-sharing mechanisms, stronger credit data, and more incentives for banks to support the sector.

‘But the bigger message is this: MSMEs should not just focus on survival. They need to pivot, adapt, and repurpose their business models to fit the new economic landscape,’ Ravelas said.

‘In today’s environment, adaptability, not just access to credit, is what will drive sustainable growth,’ he added.

2026 SIPP: Positioning the Philippines as a strategic investment destination

The approval of the 2026 Strategic Investment Priority Plan (SIPP) through Memorandum Order No. 47 signed by President Ferdinand Marcos Jr. on May 21, 2026 marks an important step in the government’s continuing effort to attract investments in the Philippines through the grant of the investment incentive system under the Corporate Recovery and Tax Incentives for Enterprises (CREATE MORE) Act.

If an industry or project falls under the SIPP list, it may be eligible for registration with Investment Promotion Agencies (IPAs) such as the Board of Investments (BOI), the Philippine Economic Zone Authority (PEZA), and other investment promotion bodies. Once registered and approved, enterprises may avail themselves of incentives under the Tax Code, subject to compliance with CREATE MORE rules and requirements of the concerned IPAs.

Under the Tax Code, as amended, the Fiscal Incentives Review Board (FIRB) and IPAs may grant tax incentives only to the extent that a registered project or activity is included in the duly approved SIPP. Eligibility for incentives is directly tied to national priority activities and other policy considerations such as capital investment and job creation. The SIPP serves as the central reference point in determining which economic activities may qualify for available tax incentives as provided under the Tax Code, as amended. Projects or activities not listed in the SIPP shall be automatically disapproved.

The 2026 SIPP retains the usual three-tier structure but its content shows a clearer shift toward long-term economic transformation and more targeted industrial policy.

Tier I continues to cover foundational and enabling sectors including modern agriculture, manufacturing, information technology, healthcare services, disaster risk reduction and management services, telecommunications sector, pharmaceuticals, semiconductors and electronics, shipbuilding, housing, and air, water, and land transport. It also includes sustainability-driven industries such as industrial and hazardous waste treatment, bulk water treatment and supply, wastewater treatment and related projects.

The continued inclusion of agriculture is particularly important as we are still facing scarcity of food supply and rising prices of basic commodities. Despite being an agricultural economy, we still import significant volumes of basic food products such as rice, corn, meat, and other agricultural goods. By keeping agriculture within Tier I, the SIPP highlights the need to improve productivity, modernize farming systems, and strengthen food security. It likewise signals government support for investments in farm mechanization, irrigation systems, post-harvest facilities, and agribusiness value chains that can help reduce dependence on imports.

Fisheries and aquaculture carry the same importance. As an archipelagic nation, the Philippines has vast marine resources, yet the fishery and aquaculture industry remains underdeveloped in terms of production capabilities, processing, cold chain logistics, and export competitiveness. The inclusion of fishery and aquaculture activities creates room for investments in fish processing facilities, cold storage systems, and export-oriented aquaculture operations that can raise income in coastal communities and improve our country’s food supply. The inflow of investments in our coastal communities will certainly help improve the lives of our marginalized fishing communities. The Philippines has one of the longest coastlines in the world, so it makes sense to attract more investments in the aquaculture sector.

Tier II shifts the focus to strategic industries including defense-related services, desalination technologies, electric vehicle infrastructure, crude oil refining, renewable energy, sustainable aviation fuel, and health and food security-related services.

The inclusion of renewable energy and electric vehicle infrastructure is particularly significant as it reflects the government’s effort to reduce pollution, lower dependence on imported fuel, and support the transition to cleaner transport systems. Crude oil refining and desalination technologies also highlight practical economic concerns as energy security and water security remain key constraints in many parts of the country particularly in the urban areas.

Tier III focuses on frontier and high-technology sectors such as artificial intelligence, cybersecurity, quantum computing, hydrogen energy, nuclear-related technologies, advanced research and development, aerospace, modern biotechnology, and the production and adoption of new hybrid seeds, among others. The Philippines truly needs to develop these sectors to keep pace with global progress and development.

In fine, the 2026 SIPP is a positive development as it clearly identifies priority sectors that investors may consider in doing business into the Philippine soil. Clear policy direction is important as it allows investors to align their long-term plans with government priorities.

The author is a partner of Du-Baladad and Associates Law Offices (BDB Law) (www.bdblaw.com.ph).

The article is for general information only and is not intended, nor should be construed as a substitute for tax, legal, or financial advice on any specific matter. Applicability of this article to any actual or particular tax or legal issue should be supported, therefore, by a professional study or advice. If you have any comments or questions concerning the article, you may e-mail the author at rodel.unciano@bdblaw.com.ph or call 8403-2001 local 380.

Strong aftershocks grip Southern Mindanao, BFP deploys rapid assessment, search and rescue teams

A total of 14 buildings in General Santos City collapsed or were severely damaged due to the magnitude 7.8 offshore earthquake that hit Southern Mindanao, the Bureau of Fire Protection reported.

This strong earthquake continues to grip Southern Mindanao, making the search and rescue operation dangerous.

The Office of Civil Defense (OCD) reported that the death toll has risen to 37; 479 injured and 4 still missing as of this writing.

The Philippine Institute of Volcanology and Seismology (Phivolcs) reported that as of 8 a.m. on June 9, a total of 1,100 aftershocks were recorded at the agency’s monitoring stations in General Santos City and Davao City.

The earthquakes’ magnitude ranged from 1.3 to 6.7.

Of the recorded earthquakes, 313 were plotted, and 23 were felt.

OCD has earlier urged the public not to return or avoid re-entering buildings and houses that may have been structurally damaged.

The BFP Central Office said BFP Regions 11 and 12 are now under ‘Code Red,’ with firefighters’ search-and-rescue teams deployed to conduct rapid damage assessments in the affected areas.

The Collapsed Structure Search and Rescue Teams have so far rescued 12 persons during their operation in some of the collapsed structures in General Santos City.

Search and rescue operations are ongoing at Savemore and CPAVI Warehouse Calumpang, both in General Santos City, the BFP said.

The Office of Civil Defense (OCD) earlier reported that the death toll has reached 37, with 144 injured and 4 missing.

Ombudsman dismisses complaints vs. Recto, ex-PhilHealth chief over ?60-B fund transfer

The Office of the Ombudsman has dismissed the criminal and administrative complaints filed by the Save the Philippines Coalition (SPC) against Executive Secretary Ralph G. Recto and former PhilHealth president and chief executive officer Emmanuel R. Ledesma Jr. over the transfer of ?60 billion in PhilHealth excess funds to the National Treasury.

In a 40-page resolution issued by the Ombudsman’s Special Panel of Investigations and approved by Ombudsman Jesus Crispin Remulla, the anti-graft body dismissed the complaints for lack of prima facie evidence and insufficiency of evidence to support criminal and administrative liability.

The SPC had sought the prosecution of Recto and Ledesma for technical malversation, plunder, graft and grave misconduct.

The complaint stemmed from the transfer of ?60 billion from PhilHealth’s excess funds to the National Treasury in 2024, when Recto was serving as finance secretary.

The remittance was made pursuant to Special Provision No. 1(d) of the 2024 General Appropriations Act and Department of Finance Circular No. 003-2024.

The DOF circular directed government-owned and controlled corporations to remit unused subsidies and excess reserve funds to the National Treasury to help finance the government’s unprogrammed appropriations.

The complainants argued that the transfer violated Republic Act No. 11223, or the Universal Health Care Act, which mandates the preservation and safekeeping of PhilHealth funds.

However, the Ombudsman ruled that the actions of Recto and Ledesma were undertaken in implementation of a legal provision that remained valid and enforceable at the time.

The anti-graft body noted that Special Provision No. 1(d) was declared unconstitutional by the Supreme Court only later, in a ruling issued on Dec. 6.

‘In sum, the peculiar circumstances of this case compel this Office to dismiss the criminal charges for technical malversation primarily on the failure of complainants to establish with moral certainty the respondents’ intent to perpetrate the offense,’ the resolution stated.

The Ombudsman likewise dismissed the graft charges, emphasizing that a mere violation of a law does not automatically constitute evident bad faith under Section 3(e) of Republic Act No. 3019, or the Anti-Graft and Corrupt Practices Act.

It said the law requires proof of corrupt motive, deliberate wrongdoing or intent to cause injury to the government.

‘The actions of respondents in this case were actually aligned and done in faithful exercise of their respective official duties as DOF secretary and PhilHealth president/CEO, respectively, in the implementation of Special Provision 1(d),’ the resolution said.

The Ombudsman also rejected the plunder allegations.

It noted that plunder requires proof that public officials amassed at least ?50 million through illegal means for personal enrichment.

The anti-graft body pointed out that the ?60 billion transferred to the National Treasury had already been returned to PhilHealth pursuant to the Supreme Court ruling.

‘Thus, the return of ?60 billion to PhilHealth militates against the allegation that respondents took advantage of their positions for personal enrichment,’ the resolution stated.

McLaren at a Thousand

On McLaren’s 1000th Grand Prix weekend, an easygoing Monaco paddock reception-open bar, circulating hors d’oeuvres and a perfectly stacked pile of hardcovers-became an unexpectedly intimate encounter with history as Andrea Stella stood in the middle of the room talking, smiling, and signing my copy of McLaren’s commemorative book.

The books were the only things standing still.

When I stepped into McLaren’s Monaco paddock that afternoon, there was no crush at the door, no bottleneck of bodies to push through-just the low hum of conversation and the faint clink of glassware from upstairs. The air had that late-day harbour humidity that makes paper feel a fraction softer. McLaren had just reached its 1000th Formula 1 World Championship start on these streets, a little over six decades after Bruce McLaren first entered a car here under his own name. Off to one side, on a low table by the wall, a stack of matte-black hardcovers sat perfectly aligned, metallic papaya numerals catching a strip of corridor light each time the door opened. They looked less like giveaways and more like a discreet installation: McLaren’s first thousand grands prix distilled into a block of paper and design.

Lando Norris was standing beside them.

He wasn’t hemmed in by cameras or picking his way around cables-just quietly posted near the books as he waited for a paddock walk-and-talk. A comms minder hovered at a polite distance; otherwise the space around him was clear. Lando in papaya kit, the books in black and orange: present and past sharing a strip of carpet. For a moment, before anyone called him away, the current McLaren era stood within arm’s reach of its own curated history.

I crossed to the table and picked up a copy.

The first impression was physical. The book settled into my hands with the kind of weight that says this isn’t something you toss into a backpack and forget. The dust jacket still smelled faintly of ink and glue, that new-book chemical tang that never makes it into TV shots. The cover stock was a deep, almost architectural black; the giant ‘1000’ stamped in metallic papaya looked like a digital display frozen mid-tick. Even before I opened it, the object announced its intentions. This wasn’t a flimsy commemorative brochure. It was built for coffee tables and desks, for the kind of office where motorsport doubles as interior design.

I’ve come to McLaren’s story the long way around.

I started following Formula 1 in the early 1990s, when Sunday races meant grainy TV pictures and commentary lines that sometimes crackled more than they carried. My memory of those seasons is half real and half taped-over VHS, so the order of some podiums lives in my head slightly wrong on purpose. Back then, McLaren existed for me as a red-and-white blur in the braking zone, a surname shouted over engine noise, a timing graphic that updated too slowly. Those seasons hard-wired the McLaren name into my idea of what F1 should feel like-slightly distant, slightly unreal, completely magnetic.

Three decades later, standing in a Monaco paddock with this heavy book in my hands and the team principal a staircase away, that distance suddenly felt negotiable.

Open the cover, and the first voice you meet is Zak Brown’s.

His foreword reads like a cross between a team address and a shareholder letter, delivered with one eye on the timing screens and the other on a long rear-view mirror. He plants their 1000th Grand Prix firmly in Monaco, on the same streets where Bruce first lined up a car under his own name. He stresses how rare the figure is, then pivots from numbers to people-Bruce and the early believers, the drivers and engineers who steered the team through successive eras, the fans who learned what McLaren meant long before streaming packages and docuseries turned the paddock into a storyline factory.

Soon, he pulls the lens forward. The papaya era is framed not as a rebrand but as the next chapter in a story that has sprawled from single-seater garages to IndyCar pit lanes and endurance paddocks. The Triple Crown reappears as live ambition rather than a romantic throwback. The message is clear: this book isn’t a museum plaque; these thousand grands prix are a midpoint, not a finish line.

I tuck the book under my arm and head upstairs.

At the top of the stairs, McLaren’s hospitality opens into clean lines and a filtered view of the harbour. It’s that Monaco kind of working afternoon where nobody refuses a refill. The bar runs at a steady rhythm, bartenders moving with pit-stop economy as they replenish champagne flutes and long drinks. Trays of hors d’oeuvres loop through the room: canapés you can eat without losing the thread of conversation.

Andrea Stella stands in the middle of the room.

He isn’t tucked away at a branded table or staged beneath a logo wall. He occupies the natural centre of gravity, where paths from the bar, the stairs and the balcony converge. People drift toward him and away again in loose orbits: partners, media, McLaren staff, the odd colleague from another team’s hospitality who has slipped in on the tide of curiosity and champagne.

His body language is familiar now: shoulders slightly forward, eyes engaged, the attentive manner of an engineer who happens to carry the title of team principal. He listens more than he talks, answers without rushing, and makes even small talk feel anchored to something more substantial. In a paddock that often rewards theatre, his understatement reads as its own kind of authority.

At some point, the books follow us upstairs.

You can tell by the way the tables change. One appears, then several. Some lie closed, their covers catching reflections from the overhead lighting; others are already open, pages splayed between drinks and phones. There’s no announcement. The volume simply seeps into the room until it becomes part of the landscape.

The signing begins the way most real things in paddocks begin: quietly.

Someone near Andrea opens their copy to the front page and offers it across. He takes it, asks for the name, repeats it once to lock in the spelling, then lowers his gaze to the paper. Another book follows, then another. There’s no formal queue, just a gentle tide of people timing their approach between conversations and refills.

Names are fragile things here.

They get shortened, misheard, misspelled; they’re pushed through accreditation systems and media lists until they resemble usernames more than identities. When my turn comes, I place the book in his hands with the same small, involuntary tension I feel when a byline goes into production-the hope that the thing you’ve carried around will come back intact.

Andrea already has it right.

He says my name back once, correctly. The inside cover flips open to a black-and-white graphic field: fractured blocks and numerals that look like telemetry abstracted into design. Beyond it, the flyleaf waits clean and white. He writes my name, adds a short line above his signature, then draws his pen diagonally across the lower half of the page in a stroke that is confident without being theatrical.

It takes seconds, but it changes the way the book feels in my hands.

Up to that point, it has been a beautifully produced corporate artefact-conceived in meetings, designed on screens, argued over in edits. With one inscription, it becomes a record of a specific Monaco afternoon: Lando standing quietly beside the stack downstairs; Zak’s foreword anchoring the opening pages; Andrea in the middle of the room upstairs, talking, listening, pausing often enough to turn other people’s names into part of McLaren’s thousand-race ledger. By page thirty, I’ve already bent one corner of the dust jacket trying to flip back to Donington without losing my place.

Only then do I start properly reading.

One of the early pivots comes in a blunt title: ‘The Drives of Our Life.’ With 1000 grands prix, no book can be complete, so this one picks a canon of races that define how McLaren thinks of itself. For a fan who came online in the early ’90s, the list reads as if someone has reached into your own neural archive and laid it out on coated stock.

The opening entries run decades ahead of my memory.

A spread on the 1968 Belgian Grand Prix-Bruce McLaren’s first Formula 1 win for his own team-shows a papaya car threading between stone houses and ditches on the old Spa layout, billed as ‘the win that sparked a revolution’. Early-era images from Monaco and beyond function as pre-history: scenes I first knew from grainy footage and stills, now given the same scale as the races that framed my adolescence.

Then my own era starts to arrive.

The 1986 Australian Grand Prix in Adelaide, ‘The Professor doubles up’, and the 1988 Japanese Grand Prix at Suzuka, ‘Battling through to the top of the world’, form a diptych: Alain Prost in controlled celebration on one side, Ayrton Senna drenched in champagne on the other. I didn’t see those live, but through season reviews and highlight packages, they became the wallpaper of my early fandom, the backdrop against which I learned the Senna-Prost civil war. Seeing them here, printed large and anchored by tight text, feels like having the VHS footage carefully restored.

The 1991 Brazilian Grand Prix spread lands closer to the bone.

‘The pain and the passion of Ayrton Senna’ arches over a podium shot that has long since fossilised into one of F1’s defining myths: Senna on home soil, arms barely able to hold the trophy after wrestling a wounded car to the flag. By the time that race reached me through delayed broadcasts and documentaries, it already felt like scripture. On the page, the book simply states the facts and lets the photograph carry the rest.

Then comes the 1993 European Grand Prix at Donington-‘The lap of the gods’.

If you started watching F1 in the early ’90s, that lap is one of the crucibles. The image shows a white-and-red McLaren carving through spray and backmarkers, the copy describing a first lap that reads more like choreography than racing. In memory, that race is a jumble of commentary, timing graphics, and bad VHS tracking. On the page, the chaos collapses into a single narrative of weather, tyre choices, opportunism, and control.

The Hamilton era is treated as its own axis.

A spread on the 2008 British Grand Prix-‘Lewis Hamilton’s first home run’-pairs a shot of him on the Silverstone podium with text framing his wet-weather domination as the moment he stopped being a prospect and became an inevitability. A few pages later, the 2011 Canadian Grand Prix appears under ‘Storming through the deluge’, Jenson Button’s four-hour odyssey recast as one of the team’s most improbable wins. Together, those races mark the point where McLaren, in my mind, stops being only the team of Senna and Prost and becomes the outfit that carries Hamilton through his first major transformation.

The book doesn’t skim the recent past.

The 2021 Italian Grand Prix at Monza is there as ‘The Honey Badger’s Monza masterclass’, a reminder of how long the team had waited to climb back onto the top step. The 2024 Azerbaijan Grand Prix appears as ‘Oscar’s risk and reward win’, confetti and papaya suit capturing the moment a younger driver seized his own line in McLaren’s narrative. And then, inevitably, the 2025 British Grand Prix: ‘Lando the home hero’. The photograph shows Norris at Silverstone, arm raised before a blurred crowd, helmet still on, papaya glowing against a British sky. It loops directly back to the paddock entrance where this book first entered my day-Lando standing quietly beside the stack, waiting to walk outside into yet another round of questions.

Threaded between these race spreads are the faces that carried them.

Later, the driver portraits and indexes turn the book into a visual census. James Hunt and Emerson Fittipaldi share one spread; elsewhere, Jochen Mass and Gilles Villeneuve line up opposite one another in a grid of headshots laid out like a contact sheet. Further on, Patrick Tambay and John Watson sit alongside Niki Lauda and Keke Rosberg; Alain Prost is flanked by Andrea de Cesaris and Stefan Johansson. Another page collects Gerhard Berger, Michael Andretti, Philippe Alliot, Mark Blundell, Mika Häkkinen, Martin Brundle, Nigel Mansell and Jan Magnussen in the same neat layout. Champions and journeymen, long-term linchpins and short-term stand-ins all get equal visual weight.

For someone whose mental paddock was first populated by Häkkinen and Senna and later by Hamilton and Norris, it’s quietly bracing to see them rendered as just more tiles in a grid. The book doesn’t downplay their importance; it simply insists that McLaren’s thousand races are a crowded frame.

When the narrative pauses, the numbers take over.

‘McLaren by Numbers’ pulls the camera back to raw data: wins, poles, podiums, laps led, years in the sport, all arranged against monochrome photography of early cars. Beyond that, dense black pages list every race by year, circuit and result-from the early ’70s through the turbo years, the V10 ’90s, the hybrid present-typeset in columns that look like timing sheets formalised into history. It’s the part of the book that feels closest to an internal team document, something you’d expect to live on a server, not on a side table at an open bar.

Near the back, the chapter headings become blunt: ‘Grand Prix #1000’, ‘Legacy: The Road to 1000’. The black pages and big white type feel like slate markers between acts. One section, ‘Return of a Legend’, pairs archival shots of an early McLaren running at Monaco with text about bringing that car back for this thousandth-race weekend-a full-circle gesture that turns the principality’s streets into both setting and exhibit.

All the while, the afternoon ticks on around you.

Behind the talk, the bar keeps its discreet pace, drinks appearing and disappearing in a blur of glass and ice. Trays arc across the room. FIA staff pass through, pausing to glance at spreads before heading back to work. Media colleagues toggle between gossip and close reading, pointing out favourite photographs, reverse-engineering layouts, and guessing how long this book took to clear approvals.

At the centre, Andrea keeps doing three things at once.

He listens. He answers. He signs. Books appear in his hands and leave again; names are confirmed, written, returned. The signing never hardens into a formal line. It slips in and out of the room the way strategy talk slips in and out of paddock conversations-always there, never quite the main event. Each time the pen touches paper, though, the room seems to slow by half a beat, a tiny act of resistance against a sport that is always dragging everyone on to the next run plan, the next upgrade.

Eventually, the reception just evaporates.

The trays stop circulating, the bar winds down, and conversations dissolve into a few last pockets of small talk before even those disappear. By the time I look up from the final pages, the room has thinned to staff quietly resetting tables and clearing glasses. Someone has left a half-finished espresso by the bar, already filming a brown ring on the white saucer. Somewhere near the back, in tiny type on black paper, the Monaco race I’ve just covered is already listed by number, circuit, result-a single line in a long column. On the flyleaf at the front, my name sits in full, written in Andrea Stella’s hand. Between those two points, the book covers six decades of McLaren. Standing in hospitality with that weight under my arm, I have the odd, slightly embarrassing feeling that I’ve managed to squeeze myself into the margin between the statistics and the story.

When I finally step back out through the paddock doors, the low table where the stack of books sat is empty and the corridor is almost silent. Lando is long gone to his next obligation; the afternoon has slipped toward evening without me really noticing. Back in the early ’90s, McLaren was a logo on a TV car and a distant noise in another time zone. On this Monaco day, it is also something else: a thousand-race time capsule, a signed page, a reminder that even in a sport defined by motion, some moments are meant to be held onto.

PSC gathers stakeholders to tackle Ateneo basketball players’ deaths

THE Philippine Sports Commission (PSC) announced on Tuesday the creation of a multi-stakeholder body to look into the drowning of two young Ateneo de Manila basketball players as Aurora police was quick to dismiss the tragic incident as an accident.

PSC chairman Patrick ‘Pató’ Gregorio said that the body will be composed of representatives from the Samahang Basketball ng Pilipinas, University Athletic Association of the Philippines, Commission on Higher Education and the National Youth Commission.

They will meet at the PSC offices at 1:30 p.m. on Wednesday.

‘The goal is not only to understand what happened, but to ensure that lessons learned lead to safer, more responsive systems that protect athletes while sustaining high-performance sport,’ Gregorio said.

Gregorio said that the panel will ‘examine existing policies, protocols and training practices toward resolutions to strengthen safeguards in athletic training environments.’

‘Excellence in sport requires environments that push human potential, but never at the expense of safety,’ he added.

Rene Baterbonia, 19, of Agusan del Sur, and Divine Adili, 21, of Nigeria, drowned during the Ateneo Blue Eagles’ training camp activities off Dipaculao beach in Aurora province.

Reports say the training camp under head coach Tab Baldwin resembles a military boot camp-as recalled by former Ateneo de Manila players in various social media posts.

Aurora Provincial Police Office Chief Col. Percival Pineda told a press conference on Tuesday that the incident was ‘purely an accident and no foul play happened.’

‘This incident was purely accident. It was a natural accident, and it was not expected. As of now, we do not see any foul play in this accident,’ Pineda said. ‘We are saddened about the tragedy occurred in our province. We extend condolences to the family, friends, and associates of the players.’

Members of the Ateneo coaching staff didn’t answer calls or messages from the BusinessMirror.

Baterbonia, a 6-foot-4 forward, was the 2025 Palarong Pambansa’s Most Valuable Player in Laoag City playing for champion Davao Region and also collected various individual awards in the ASEAN School Games in Brunei and NBTC finals.

The 6-foot-10 Adili is considered a prize catch for the Blue Eagles in UAAP Season 88.

In a joint statement from the House of Representatives, Deputy Speakers Paolo Ortega V and Jefferson Khonghun and Lanao del Sur Rep. Zia Alonto Adiong said the incident warrants a full congressional inquiry to determine possible lapses in safety protocols, supervision and emergency preparedness.

While expressing condolences to the bereaved families and the Ateneo community, the lawmakers said that accountability and fact-finding must take priority to ensure justice and prevent similar tragedies.

‘We mourn the untimely loss of these two promising young athletes whose lives were cut short while participating in what should have been a safe and enriching activity,’ they said in the statement.

They said they will file a House resolution seeking a congressional investigation to examine the circumstances surrounding the drowning, including risk assessment procedures and compliance with safety standards for school and sports-related activities.

BCDA, SBMA kickstart LEC program in Subic

The Bases Conversion and Development Authority (BCDA) and the Subic Bay Metropolitan Authority (SBMA) signed a memorandum of agreement (MOA) here last week to further spur the flagship Luzon Economic Corridor (LEC) project designed to supercharge Central and Southern Luzon into a world-class industrial hub.

Under the agreement, the SBMA allocated an 800-square meter residential lot at the Kalayaan Heights to serve as workspace for BCDA employees involved in the Subic-Clark-Manila-Batangas (SCMB) Railway Project and the Subic-Clark-Tarlac Expressway (SCTex) interchange expansion.

BCDA President and Chief Executive Officer Joshua M. Bingcang, who signed the MOA with SBMA Chairman and Administrator Eduardo Jose L. Aliño, said the prepositioning of BCDA staff in Subic would also allow the agency to monitor and mobilize its assets in nearby Bataan province for the LEC program.

The multi-billion-dollar LEC project will connect the ports of Subic Bay, Clark, Metro Manila, and Batangas to accelerate infrastructure, supply chain resilience, and economic development in Luzon.

Originally starting as a trilateral initiative by the Philippines, the United States, and Japan, the LEC has expanded to include eight other nations that pledged to contribute funds, technology, and private sector investments to the project.

Bingcang said the LEC project is expected to further boost investment inflows and increase personnel movement and operational demands in and around the Subic-Bataan-Clark growth area. Aliño meanwhile said that the BCDA-SBMA agreement signifies Subic’s full support to the LEC project. ‘This partnership is more than just us lending you a parcel of land. It is a commitment to building [something that is] vibrant, supportive, and sustainable,’ the SBMA chief said.

Aliño added the arrangement supports inter-agency cooperation in advancing national government infrastructure priorities and strengthening the BCDA’s operational presence within the Subic-Clark-Bataan development axis.

Prior to this, Aliño has discussed Subic’s role in the LEC program, particularly the railway project that will connect Subic with Clark, Manila, and Batangas ports, with Australian Ambassador to the Philippines Marc Innes-Brown, who visited Subic on June 2.

Australia has joined the LEC initiative last May, and has reportedly offered framework support and expertise under Australia’s specialized Partnerships for Infrastructure Program, as well as AU$45 million (P1.9 billion) under a bilateral economic program.

Last month, Aliño also met with US Ambassador Heather Variava, who is senior advisor and US head of delegation for the LEC Steering Committee, and discussed LEC-related infrastructure projects in Subic.

Death toll in 7.8 magnitude offshore rises to 37 – OCD

The death toll in the magnitude 7.8 offshore earthquake in Mindanao rose to 37 as of 6 a.m. Tuesday, the Office of the Civil Defense (OCD) reported.

Those killed are from Sarangani, with a total of 18 deaths, General Santos City, 12, and South Cotabato, 3.

OCD Administrator, Undersecretary Harold Cabreros reported that based on initial assessment, General Santos was the hardest hit by the earthquake, the strongest that hit Mindanao, that wa triggered by movements in the Cotabato Trench.

Enhancing hospital capacity to attend to the injured has been identified as the primary concern.

As of the latest count, 144 persons were injured as the earthquake caused several buildings to collapse, including school buildings.

Nevertheless, Cabreros said the government is ready to respond and address the situation.

He said the uniformed service continues to conduct retrieval operations in the affected areas.

The OCD, which acts as the Secretariat of the National Disaster Risk Reduction and Management Councill (NDRRMC) is closely monitoring the situation and is now back in the field to attend to the affected communities.

Meanwhile, Cabreros appealed to the public to remain alert, saying aftershocks continue to happen.

The Philippine Institute of Volcanology and Seismology reported that as of 6 a.m., the aftershock count has already reached 989. Of these, 289 are located, and 20 are felt.

The aftershocks range from magnitude 1.3 to 6.7.

He said the OCD and NDRRMC continue to conduct close coordination with local government units and assured full support as directed by President Ferdinand Marcos Jr. and Defense Secretary and NDRRMC Chairperson Gilberto C. Teodoro Jr.