Shared values

This year’s National PR Congress of the Public Relations Society of the Philippines carries the theme ‘Steward the story: From clout to legacy.’ It is a well-intentioned theme. It is also, I would argue, a symptom.

Not of bad intentions. Of an outdated self-concept our profession has carried for decades and has been reluctant to let go of.

The story was never the point

For most of its modern history, Philippine public relations has defined itself by narrative. We write. We pitch. We publish. We manage media relations, craft messaging and count coverage. We call ourselves storytellers and wore the title with pride.

But the story was never the objective. It was always the instrument. Communication, however well executed, has never been the end goal of this profession. It has always been the means. Somewhere along the way, we mistook the tool for the task.

This matters because the world our profession operates in no longer waits for the story to be told before reputation is made or lost.

A leadership decision can create a crisis before the communications team enters the room. An employee’s video can expose, in ninety seconds, the distance between what an organization publishes and how it actually behaves. A stakeholder community can mobilize and render judgment in hours, often before an official statement has cleared legal review. Algorithms now decide, largely without human input, what becomes visible, what gets amplified, and what disappears entirely, shaping the field on which reputation is contested before a single press release goes out.

In that world, ‘stewarding the story’ is no longer a strategy. It describes what happens after the outcome has already been decided elsewhere: in culture, in leadership behavior, in the thousand small decisions an organization makes when no one from communications is in the room.

Why we keep returning to the story

I understand why the story remains the profession’s comfort zone here. Much of Philippine PR’s institutional memory i.e. its associations, its curricula, its award frameworks, its business models, was built around media relations and campaign execution. It is what the profession was trained to do, what it built its revenue models around, and what it knows how to measure. Coverage. Reach. Engagement.

Reputation governance is none of those things. It requires sitting in boardrooms rather than newsrooms, understanding enterprise risk rather than message pull-through, and being willing to tell a CEO that the problem is not the messaging: it is the decision the messaging is being asked to defend. That is a harder sell, a harder skill and a harder business model. It is far more comfortable to keep telling ourselves that a better story is the answer, because that is the story our profession has always told about itself.

Global practice has largely moved past this. Reputation is increasingly treated as enterprise infrastructure, sitting alongside governance, risk management and financial stewardship. Philippine PR, for the most part, has not caught up. We continue to convene, to theme our congresses and to train our young practitioners around an idea of the profession that the rest of the world has already outgrown.

What comes next

None of this is meant as a rebuke of this year’s Congress organizers. If anything, the theme deserves credit for putting the question of legacy on the table at all. I only wish to push that question further than the theme itself does.

The harder and more useful question is the one the theme does not quite ask: what happens before the story? Because before there is a story, there is culture. Culture shapes how leaders decide and how employees behave. It determines whether an organization’s stated values are practiced or merely published. Those decisions and behaviors generate the signals that algorithms mediate, and stakeholders ultimately judge. And by the time a story is being stewarded, the reputation it is meant to protect has often already been decided.

This is why I believe the next frontier for Philippine PR is not narrative. It is Reputation Capital: the accumulated stock of stakeholder trust in an organization’s intent, competence and resilience, built over years and capable of disappearing in days. It is measurable. It is governable. And treating it as such is what will finally move our profession from the newsroom to the boardroom, where the decisions that create or destroy reputation are actually made.

A roadmap worth holding onto

If our profession is serious about moving from clout to legacy, I offer five priorities for the next few years.

First, move from communication management to reputation management. Our responsibility cannot end when the message has been delivered. It must extend to the trust that message either builds or erodes.

Second, move measurement from outputs to enterprise outcomes. Coverage, reach and engagement still matter. But we must increasingly demonstrate what happens to stakeholder trust, reputational resilience and enterprise value, which are the numbers that boards actually care about.

Third, move reputation from a communications responsibility to an enterprise governance responsibility. Management must own it. Boards must understand it. And PR must help govern it, not simply report on it after the fact.

Fourth, move from competing for attention to building credibility. In an algorithmically mediated world, attention is abundant and cheap. Credibility is scarce and earned. That shift in scarcity should reshape how we spend our time and our clients’ resources.

Fifth, build the next generation of strategic reputation advisers i.e. professionals who understand communication, certainly, but also research, analytics, culture, business, risk, public policy, stakeholder behavior and governance.

Our profession needs more than better stories. It needs the standing, the tools and the seat at the table to help organizations become worthy of the stories they wish to tell. That is a harder mandate than stewardship. It is also, I believe, the only one still worth pursuing.

Friends of the court but not the defendant?

The impeachment court invited two retired chief justices and a retired associate justice as amici curiae or ‘friends of the court’ to help determine or share their views on the voting threshold of the ongoing impeachment trial.

I honestly found this disturbing on certain points, starting with the controversial statement of one senator who previously suggested that the law should be bent if public interest required.

The public was amazed by such an idea that the senator was nicknamed the ‘Law-Bender,’ a take-off from the movie ‘Avatar – The Last Air Bender.’

Now, we have the impeachment court inviting retired justices to explain, possibly influence or even justify the impeachment court’s efforts to overrule the black and white printed instruction of the Philippine Constitution on how many votes are required to impeach the vice president.

If the members of the honorable court or senator-judges cannot agree amongst themselves or decide on the matter, what does inviting retired members of the Supreme Court accomplish except to suggest or prove their lack of competence in law or jurisprudence as well as running an impeachment trial?

The invitation is a clear manifestation of ‘confirmation bias’ that Google defines ‘as the tendency to search for, interpret, favor and recall information that supports one’s preexisting beliefs or values while ignoring or dismissing contrary evidence.’

I’m honestly surprised the retired honorable justices would lend themselves to be used or made part of a political process and blatant attempt to short cut the impeachment process and disrespect if not violate the Constitution.

I wonder why in the first place would the retired justices risk their reputations by being dragged or stained by participating in a political controversy that has become divisive and disruptive.

I respect the knowledge, experience and expertise of the three justices, but all that does not preclude the possibility that one, two, if not three of them may have or had expressed bias in the matter, or against the defendant, in the past or present circumstance.

In the US, before a trial of your peers takes place, there is jury selection to determine that those who will determine the outcome of a trial have no bias, interest or knowledge of the case or the accused. A potential juror can be excused simply for their political or religious beliefs, etc.

In the Philippines, anyone presented as witness is also checked by the prosecution or the defense to determine if the person is qualified to testify based on personal knowledge, integrity, etc.

So how well does Congress screen those they invite as amici curiae? Regardless of name, reputation or experience, the matter of personal bias is hard to set aside, especially if their opinion or remarks are made in an impeachment trial which is of national concern.

Were the retired justices screened or interviewed regarding any political or personal bias they may have for or against Vice President Sara Duterte? Going a little further, have they at any point expressed bias or judgment against ex-president Rodrigo Duterte?

Did the senator-judges inquire if the invited ‘friends of the court’ have any affiliation, investment or consultancies in any government office, agency or government-owned and -controlled corporation that might indirectly pressure one to be inclined towards one side?

How did the impeachment court even arrive at the guest list of amici curiae? Did the justices express availability or desire to take part in such a historical proceeding or were they selected by the prosecution side? Those two things would already cast doubt on interest or confirmation bias.

I raise the possibility of bias on the part of the three justices because of their power to influence not just the impeachment court but the integrity and outcome of the impeachment and future legislation.

In the first place, why is the impeachment court asking the opinion of retired justices on a constitutional matter? The question of threshold and constitutionality should, if needed, be submitted before the Supreme Court en banc.

The matter should be considered and decided upon by ACTIVE justices of the Supreme Court. Without wanting to, I cannot help but suspect that inviting ‘friends of the court’ or amici curiae is a strategy to once again ‘bend the law’ by getting a ‘non-binding’ legal opinion from retired justices.

Legislation and jurisprudence and our Constitution is not a master class in yoga or Pilates where one’s objective is to stretch or bend the interpretation of the law and bend its spirit and intentions to suit the motive and goal of a political group.

It is bad enough that the Marcos Jr. administration is often accused of ‘weaponizing’ government agencies against its critics. It has even been said that Congress, both House of Representatives and the Senate, are in collusion with the PBBM administration.

What should never happen is for the Supreme Court to allow itself to be undermined or defrauded of its authority, integrity and independence, not when the Constitution itself stands to be dismissed or disregarded by ‘law benders.’

The strategy of inviting amici curiae is not a simple matter of getting advice or guidance regarding threshold and numbers. It is designed to manipulate the wisdom and opinion of retired justices to justify shortcutting lawful processes.

When legislator-judges do this, when retired justices allow this, they become anarchists.

Upgrade your routine with #SoMuchKBeauty at SM Beauty

There’s no denying the influence Korean beauty has had on the global beauty scene, paving the way for Asian beauty brands, innovations and rituals to take center stage.

Today, K-beauty and Asian beauty continue to win over beauty enthusiasts not only for their innovative products and advanced formulations, but also for routines and solutions that work especially well for Asian skin and tropical climates.

In the Philippines, SM Beauty makes it easier than ever to discover and shop Korean and Asian beauty favorites all in one place. Whether it’s a cult classic, a new discovery or a product currently taking over your feed, there’s always more to explore at SM Beauty with #SoMuchKBeauty.

Skincare favorites worth discovering

Build a skincare routine that works for you with SM Beauty’s extensive selection of established favorites and emerging names. Shoppers can discover brands such as Deoproce, COSRX, Beauty of Joseon, Round Lab, Genabelle, Some By Mi, Torriden and many more-brands known for combining effective formulations with approachable, easy-to-follow skincare routines.

Japanese beauty favorites are also part of the mix, with brands such as Hada Labo, Senka, and Bioré available for shoppers looking to explore more of what Asian beauty has to offer.

Give your hair and scalp some love, too

The Asian beauty experience goes beyond skincare and makeup. SM Beauty also offers a wide selection of Korean and Asian hair and scalp care brands, including Tsubaki, Super Mild, and Fino, making it easier to give your hair routine the same attention as your skincare.

For an even easier shopping experience, select SM Beauty branches feature dedicated Korean and Asian beauty sections where customers can browse, discover, and try products in person.

With over 79 branches nationwide, SM Beauty puts some of Asia’s most exciting beauty finds within easy reach. Whether you’re already a K-beauty devotee or just beginning to explore Asian beauty, there’s always something new to add to your routine.

Discover your next beauty favorite at SM Beauty, where there’s always #SoMuchKBeauty to explore.

From September 15 to 21, visit the special pop-up at SM Mega Fashion Hall and experience even more Korean and Asian beauty finds firsthand.

Heavy rains halt NCAA game between Bombers, Lions

The NCAA has postponed the game between the Jose Rizal University and the San Beda Red Lions due to unplayable court conditions.

The game, played at the FilOil EcoOil Centre in San Juan City, was cancelled at the 5:25 mark of the first quarter as rains bombarded Metro Manila.

JRU was leading 9-3 in the first quarter, when players slipped on the court.

Game officials then asked for a break in the game to discuss the safety of the players.

And after about 40 minutes, the game was called off.

San Beda was shooting for its first win in NCAA Season 102, while JRU was pushing for a second straight victory.

The league said the game will be held on a later date.

For now, the second match between the Letran Knights and the San Sebastian Stags will push through as scheduled.

Cebu City flood review allows Monterrazas development to continue

A technical panel formed by the Cebu City local government has allowed Mont Property Group to continue works on its 118-hectare Monterrazas de Cebu project, noting that water retention systems drastically exceed requirements.

The Cebu City Technical Infrastructure Committee (TIC) on Sept. 8 approved a fact-finding report on the Monterrazas project and submitted it to the City Council.

The report found that the developer had built functional engineering controls, following a joint-agency inspection conducted in July 2026 by the TIC, the city’s Department of Engineering and Public Works, the Office of the Building Official and the Cebu City Environment and Natural Resources Office.

The project review included site inspections involving city engineers, environmental officers and building officials.

City engineers also confirmed that the project had built seven detention ponds with a capacity of 27,483.4 cubic meters. The company said this was three times more than the required 8,220 cubic meters.

The committee said the excess capacity would allow the development to take heavy rainfall on-site and release it at a slow, controlled rate into municipal drainage lines.

It also highlighted the city’s aging and mismatched drainage system, lack of retention ponds and altered waterways causing flooding incidents in the city.

‘Mont Property Group will continue to ensure all of our projects comply with the government’s regulations,’ Mont Property Group general manager Camille Bondad said.

‘Our top priority has always been the welfare of our neighboring communities and making sure that we protect the environmental integrity of these shared spaces,’ she added.

The approval comes following complaints that the 118-hectare project had caused massive flooding in parts of Cebu City last year.

In 2025, a cease-and-desist order was issued to the Mont Property Group, while an investigation was launched on whether the mountain-side development had worsened floods in the neighboring area.

SEC clears Arthaland’s rental pool, ACE Pateros’ direct public offering

The Securities and Exchange Commission (SEC) has cleared Arthaland Corp.’s rental pool program and a direct public offering of Allied Care Experts (ACE) Medical Center-Pateros Inc.

The commission approved Arthaland’s registration statement covering 166 consolidated leasing agreements relating to its consolidated leasing solution (CLS) program.

The consolidated leasing deals cover 142 units in a property project in Cebu City, while the remaining 24 units are located in a project in Taguig City.

Arthaland launched the CLS program to improve accessibility and leasing visibility of smaller office units within certain developments.

Under the program, Arthaland serves as the exclusive leasing agent for multiple unit owners by consolidating certain commercial units on designated floors in the Cebu and Taguig projects that belong to the lease pool floors.

The units are offered as a single leasable space.

A unit buyer who purchases a commercial unit in the lease pool floor is considered to have automatically enrolled the unit into the CLS program.

Unit buyers are entitled to a pro-rata share in net rental income from the units covered by the program.

Meanwhile, the SEC also considered the direct public offering of ACE Pateros worth up to P15 million.

The company will offer 15,000 common shares as part of the primary offer, divided into 1,500 blocks with 10 shares each.

The direct public offering is priced at P1,000 per share, with a minimum subscription of one block, or 10 common shares.

Toyota Philippines sees slowdown in vehicle output this year

Toyota Motor Philippines Corp. (TMP) expects its local vehicle production to decline this year due to soft demand.

‘It’s lower this year. (We expect it to be) close to 60,000 units,’ Sherwin Chua-Lim, senior vice president at TMP, told reporters.

He attributed the outlook to low demand.

Last year, TMP’s vehicle output hit a record-high of 63,803 units.

From January to August, TMP produced 38,221 units, down by 10 percent from 42,469 units in the same period last year.

Of total production, Vios accounted for the largest share at 48 percent, or 18,321 units. The Tamaraw followed with a 33-percent share or 12,468 units.

The Innova had a 19-percent share with 7,432 units.

While TMP has registered lower year-on-year monthly production volumes since January, it showed an initial recovery in July, when output rose 18 percent to 6,550 units from 5,540 units in the same month last year.

In August, TMP produced 4,970 units, up by 9.5 percent from 4,540 units in the same month in 2025.

Despite the initial recovery, TMP said demand remains soft due to macroeconomic factors.

High inflation has weighed on Filipinos’ purchasing activity.

Inflation eased slightly to 6.1 percent in August from 6.2 percent in July. This brought average inflation from January to August to 5.2 percent, higher than the government’s two to four percent target.

Rising fuel prices are also driving demand for electrified vehicles.

TMP produces the Vios, Tamaraw and Innova at its plant in Santa Rosa, Laguna.

In addition to its locally produced models, TMP also sells electrified models, which it imports.

From January to August, TMP sold 133,300 units, nine percent lower than the 146,357 units in the same period last year. While total vehicle sales fell, the share of electrified vehicles rose to 11 percent as of end-August.

TMP’s electrified vehicle sales, including Lexus models, reached 15,078 units as of end-August.

Earlier, research and analysis firm BMI said it expects Philippine vehicle output to decline by nearly nine percent to 127,453 units this year from an estimated 139,606 units last year, citing weak demand and high production costs.

What are IPOs’ ‘up to’?

There are several stages on the road to an initial public offering (IPO) to gauge if investors are feeling up to it.

In any IPO, the final offer price is established through a prescribed bookbuilding and price-discovery process, which considers investor demand and prevailing market conditions.

Philippine Stock Exchange (PSE) president and CEO Ramon Monzon observed how social media platforms recently erupted with criticism over the P10 share price for the upcoming IPO of Mynt Inc., the parent company of e-wallet giant GCash, with many investors calling it steep.

‘This highlights a public misinterpretation of the ‘up to’ price in listing applications,’ he told The STAR.

Monzon explained that the P10 figure serves strictly as the maximum cap and starting point for the underwriters’ bookbuilding process, not the final IPO price.

‘Final pricing will reflect true institutional demand discovered during bookbuilding,’ the PSE chief said.

Monzon said historical data over the past three years demonstrates that final IPO prices settle at an average 28.3 percent discount relative to the ‘up to’ price in the registration and listing applications.

That means that the ‘up to price’ does not actually end up being the IPO price most of the time.

The country’s last IPO courtesy of Maynilad Water Services Inc., for instance, was approved at an offer price of up to P20 per share, but the final IPO offer price was set at P15 per share.

Prior to that, Top Line Business Development Corp.’s IPO was priced at P0.31 per share, lower than the maximum offer price of P0.38 each.

As for Mynt’s upcoming IPO, its price is currently seen hovering between P7.50 and P8.50 per share, below the maximum P10 offer price indicated in the company’s prospectus, as earlier reported by The STAR.

Aside from IPOs, valuation also matters for listed companies, which is why they deal with valuation concerns seriously.

Monzon said most companies facing market undervaluation pursue one of three strategic paths.

Some optimize operational efficiency to boost profitability and dividends, while others launch share buyback programs to support stock prices.

For some, however, they opt to give up and apply for voluntary delisting from the exchange.

‘While delistings happen regularly across all exchanges, minimizing them is a strategic priority for the PSE, given our relatively low number of listed firms compared to our ASEAN peers,’ Monzon said.

Monzon noted that ‘the only silver lining in this gloomy delisting talk’ is that in terms of the percentage of delistings relative to total listed companies, the PSE has the second lowest rate, ranking fourth out of five ASEAN stock exchanges.

As of July 2026, the PSE’s delisting rate stood at only 0.7 percent with two delistings so far, lower compared to that of Indonesia (2.1 percent), Singapore (1.8 percent) and Vietnam (1.7 percent).

In 2025, the PSE recorded a delisting rate of 1.1 percent with three delistings. This is in comparison to Indonesia (1.6 percent, 15 delistings), Vietnam (1.8 percent, seven delistings) and Singapore (4.5 percent, 27 delistings).

To enhance market liquidity and attract capital inflows, Monzon said the PSE is aggressively advancing its product offerings, technology infrastructure and regulatory frameworks to attract fresh capital and diversify investor options.

‘We remain optimistic that a shift toward favorable economic, geopolitical and governance conditions will serve as the catalyst needed to revitalize inflows into the Philippine capital markets,’ he said.

At least 3 dead from school shooting in South Cotabato

A shooting incident at Banga National High School in Banga, South Cotabato, on Friday, September 18, has resulted in at least three fatalities and six injuries.

This was confirmed by South Cotabato Governor Reynald Tamayo.

The Department of Education earlier confirmed the on-campus attack and said it was “deeply concerned” by the “reported shooting incident” at Banga National High School.

The department said it is currently coordinating with its Schools Division Office and Regional Office, local authorities, and law enforcement “to verify the circumstances and provide necessary assistance.”

“Our immediate priority is the safety and well-being of our learners, teachers, and school personnel,” DepEd said.

DepEd said it is ready to give psychological first aid and mental health and psychosocial support to those affected.

It urged the public to stay calm and stop sharing unverified information while authorities investigate.

In a separate statement, DepEd’s Region XII office urged the public to immediately cease the distribution of videos of the “incident in Banga” to “respect the victims and their families.” It said that sharing the material would cause trauma and violate the privacy of victims.

Meanwhile, the Philippine Red Cross said preliminary reports, which are subject to verification, indicated that six injured individuals were transported to Dantom Doctors Hospital and South Cotabato Provincial Hospital. It also reported one fatality and said the suspected shooter was reportedly among the injured and was a student.

The public school sits in Barangay Benitez, Banga, and offers both junior and senior high school.

This comes less than three months after two students opened fire at San Jose National High School in Tacloban City on June 22, killing at least three schoolmates and wounding about 20 others.

On August 18, a shooting broke out at the junior high school building of Ateneo de Zamboanga University. A student armed with two pistols shot dead a schoolmate.

DOTr pushes for EDSA busway budget

Department of Transportation Secretary Giovanni Lopez has vowed to push for funding for the EDSA busway system and other DOTr programs in the General Appropriations Act.

Lopez expressed hope that they can fight for the DOTr budget during the House committee hearings on the 2027 national budget.

‘As to our (National Expenditure Programs), we are not given funding. But let us remember that we have budget hearings in Congress,’ Lopez said. ‘At the end of the day, the provision of the budget falls within the power of the legislature. We will continue to fight for the necessity of such programs.’

Among the DOTr initiatives with zero funding under the 2027 NEP are the Public Transport Modernization Program, service contracting and active transport projects.