Semirara’s profit drops to P9.89B on lower coal, power prices

Semirara Mining and Power Corp. (SMPC), led by tycoon Isidro Consunji, saw its earnings in the first nine months decline by 37 percent on weaker energy prices.

In a disclosure Monday, the firm said its core net income fell to P9.89 billion from P15.7 billion recorded a year earlier.

Its power business accounted for 57 percent of SMPC’s profit in the period, with coal operations providing the remaining 43 percent.

‘[This was] mainly due to the continued normalization of coal and spot electricity prices, higher noncash costs, and the equity net loss from its cement associate,’ it said.

Higher production and better plant performance also failed to lift its revenues weighed down by lower prices. The group said its topline posted a 13-percent drop, reaching P43.26 billion from P49.67 billion.

Preemptive evacuation begins in Bohol ahead of Tino

At least 66 families, or 267 individuals, were evacuated early as a precautionary measure in Getafe town, Bohol, ahead of the expected onslaught of Severe Tropical Storm Tino (Kalmaegi) over the Visayas.

Mayor Cary Camacho said the first phase of the evacuation took place on Sunday afternoon, November 2, as part of the town’s preemptive safety efforts. The evacuees came from island barangays and coastal communities considered highly vulnerable to storm surges and strong winds.

He said the evacuees were brought to the Poblacion (town center) evacuation center. He added that the number of evacuees may still increase today as officials continue to urge residents in high-risk areas to move to safer ground.

The Philippine Atmospheric, Geophysical and Astronomical Services Administration (Pagasa) has placed Bohol under Tropical Cyclone Wind Signal (TCWS) No. 2 as of 8 a.m. on Monday, warning that strong winds and intermittent rains will affect the island province.

As of 8 a.m. Monday, the storm’s center was located 360 kilometers east of Guiuan, Eastern Samar, packing maximum sustained winds of 110 kilometers per hour (kph) and gusts up to 135 kph while moving west at 20 kph.

Pagasa warned of possible flooding, landslides, and coastal surges, especially in low-lying and coastal areas. Sea travel remains risky due to rough to very rough seas across the eastern seaboards of the Visayas and Mindanao.

Tino may reach typhoon category within 12 hours and could make landfall over Eastern Samar, Leyte, or Dinagat Islands by late Monday or early Tuesday, before crossing the Visayas toward the West Philippine Sea, Pagasa said.

Earlier, Governor Aris Aumentado suspended classes at all levels, both in public and private schools, as a safety measure.

Local disaster response teams in Getafe remain on alert as Tino continues to move closer to the central Philippines

PNP prepares for Nov. 30 protest action, monitors possible threat groups

The Philippine National Police (PNP) on Monday said it was studying possible ‘threat groups’ as part of preparations for the Nov. 30 anti-corruption protests.

Acting PNP Chief Lt. Gen. Jose Melencio Nartatez Jr. made the pronouncement in a press briefing at Camp Crame in response to a question about what steps they were taking to avoid a repeat of violent incidents during the Sept. 21 anti-corruption protests.

‘The PNP is still collecting data. How many people will be rallying? Where will they rally? Who are the threat groups that we need to monitor and prepare for?’ Nartatez said, speaking in Filipino.

‘Our PNP is continuously collating all the data so that we can make a solid plan to maintain security and order. Then, we deploy our resources and provide appropriate funding for this operation so that we can prevent violence,’ he added.

The violence on Sept. 21 erupted at the Ayala Bridge and the Mendiola Peace Arch after the Baha Sa Luneta rally in Rizal Park in Manila and the Trillion Peso March at the People Power Monument in Quezon City.

The riots led to at least two deaths and the arrest of over 200 people – 90 of whom were minors – prompting human rights groups to condemn the police for not exercising maximum tolerance.

Nonetheless, the Trillion Peso March organizers announced that they will be holding another major protest action on Nov. 30, the anniversary of the birth of revolutionary Andres Bonifacio, to sustain their anti-corruption campaign.

The protests were sparked by the surfacing of alleged anomalies in flood control projects and infrastructure projects in general.

Beermen, two twins into erasing sputtering start, look to push streak further

San Miguel Beer saw the win over Barangay Ginebra in Dubai as a huge shot in the arm after its defense of the PBA Philippine Cup gasped through a slow start.

But with bigger games ahead, including Sunday’s contest against the upstart Converge FiberXers, the Beermen know that they must continue building on the newfound momentum.

‘The last two games were very important for us because they could [lead to] a lot of good things,’ Beermen coach Leo Austria said, also noting the breakthrough win they had against the Rain or Shine Elasto Painters before the Middle East sojourn.

To continue their streak, the Beermen will now try to hurdle Converge in a 5 p.m. duel slated on Sunday-a stern test against a team that will seek to remain in the upper echelon of the standings.

Converge has made its intentions of being a legitimate contender known with three wins in four games to begin the all-Filipino tournament, anchored by two triple-doubles and one double-double from rookie guard Juan Gomez de Liaño.

In a tuneup game before the start of the season, the FiberXers defeated the Beermen, 114-99, with Gomez de Liaño leading the way. But both teams were going through the motions then, given that it was a friendly to test out each club’s preparations and that San Miguel Beer hardly fielded nine-time MVP June Mar Fajardo in the second half.

The Sunday duel at Ynares Center in Antipolo, however, will count for something.

‘That’s why I always tell them that this is the time to step up,’ said Austria.

The Beermen are expected to miss Jericho Cruz once more due to his hamstring injury that sidelined him during the previous Sunday’s 83-81 triumph over the Gin Kings in Dubai.

Ginebra tries to redeem itself from that setback in the nightcap at 7:30 p.m. against NLEx, which aims to end the week with the solo lead at 5-1.

The Gin Kings are at 1-3 for their worst start since the 2018 Commissioner’s Cup, the same conference that they went on to win, something that could keep optimism afloat for coach Tim Cone and his squad.

But they have to rely more on just history to get back on track, especially when facing a Road Warriors team that’s been terrific in the early goings.

Kim Atienza on daughter Emman’s death: ‘She did not die in vain’

Kim Atienza held back his tears as he spoke about the passing of his daughter, Emmanuelle ‘Emman’ Atienza, saying that he feels at peace knowing that Emman didn’t die in vain.

In a snippet of a tell-all interview with Jessica Soho on Saturday, Nov. 1, Kim said he already knew about Emman’s recent mental health struggles and that he always prayed to God for her happiness.

‘I’d like to think that my daughter Emman did not die in vain. Noong namatay si Emman, kasi we know that Emman is sick and she had a few attempts in the past, and my prayer to the Lord was for this to not happen, for Emman to be safe, for Emman to be happy, for Emman to heal, yet this happened,’ he said.

‘I know that nothing can happen as an accident. I know that things work out well. I know that this is planned by the Lord. This is not in vain. Emman did not die in vain. May dahilan and ang dahilan nito ay maganda. That gives me peace,’ he continued.

Two days before Emman’s death, Kim already knew there ‘was a problem’ when his wife Felicia received a message from their daughter in an emergency. Emman, however, clarified that ‘there was no self harm and [she was] at a therapy center.’

‘I knew there was a problem. She texted her Mommy. She said, ‘Mom, I’m in an emergency right now but worry not. There’s no self-harm. But worry not, I’m at a therapy center.’ We knew there was something wrong. We tried calling, hindi sumasagot. The next day, we tried calling her, hindi sumasagot. We knew,’ Kim said.

When Kim was informed by his wife about the ‘terrible, terrible news,’ he already knew what she meant. ‘On the second day, I woke up in the morning. May message si Feli, I have terrible, terrible news. Napaluhod ako. I already knew. Nanlambot ang tuhod ko. Sabi ko, ‘Lord, ito na.’ And Feli said, ‘Emman is gone.’

‘Nanlambot ako. Nanlamig ako. Ang nasa utak ko, ‘Lord, dasal ko sa’yo ‘to araw araw. Why?” he further recalled. ‘Feli flew right away to LA. I flew to LA two days after. Emman is in the Philippines right now. But I am just grieving that Emman is [gone].’

Kim started to get emotional when he admitted that losing Emman is a different kind of pain.

‘Lord, kahit bigyan mo ko ng cancer, okay [lang] eh. Madali ang physical pain. Titiisin mo ‘yun eh. Pero mamatayan ka ng anak, ang sakit. Masakit. Hindi mo alam saan nanggaling ang sakit,’ he said.

(Lord, even if you give me cancer, it’s okay. You can handle physical pain. You are willing to endure it. But when you lose your child, it hurts. It really hurts. You don’t know where the pain comes from.)

When asked how the TV presenter and his family have been coping, Kim said he raised ‘very strong kids’ and he has a ‘very strong wife.’ He then described Emman as someone who’s strong as well, however, he didn’t know that his daughter was ‘suffering’ because of her facade.

‘Malakas si Feli. Feli is a very strong woman. Ang way of coping ni Feli is taking care of the details ng wake, sa pag-aayos ng bahay namin, galing kami sa LA nang ilang araw. That’s what keeps her sane and not grieving too much. Ako ang emotional sa pamilya but I’m okay. I raised very strong kids,’ he said, adding that his children have been helping out with the arrangements in their wake.

‘Emman is very strong but I didn’t know that she was suffering because she put up a very strong and happy front. Emman was so kind. Napakabait niyang bata,’ he continued.

At the same time, Kim said grief ‘comes in waves’ and he doesn’t want to be left alone for the meantime.

‘I’m good kasi nandyan ka, may mga bisita sa bahay, I’m good. Pero grief comes in waves, minsan bumabagsak, but I’m okay. Ayokong mag-isa kasi mabigat. I look at social media because I get inspired. binabasa ko ang mga posts and I’ve seen that Emman’s death touched a lot of lives,’ he said.

UAAP: FEU escapes Adamson in OT after losing lead

Far Eastern University outlasted Adamson, 73-70, in overtime, but not after blowing a big lead in the UAAP Season 88 men’s basketball tournament Sunday.

Tamaraws took control late in the third quarter but squandered a 13-point lead that nearly cost them a crucial game’We played great basketball for three quarters, but in the fourth, we showed a little bit of immaturity,’ said FEU coach Sean Chambers, whose squad completed an elimination round sweep of Adamson.

‘For three quarters, I thought we were phenomenal, then in the fourth quarter, we were almost blank. Still, I’m happy with the win.’

Kirby Mongcopa made three out of four from the free throw line in the final 18 seconds of the game to win it for the Tamaraws. Mongcopa finished with 11 points and 17 rebounds, while Jorrick Bautista had a team-high 12 points.

FEU led 42-29 at the 4:34 mark of the third quarter and was ahead, 64-59, with only 2:31 remaining in regulation. The Falcons, who were coming off a stunning OT win over UST on Wednesday, were at it again with Ray Allen Torres and Cedrick Manzano sending the game into extra time. Manzano’s basket knotted the count with 10 ticks to go.

The back-and-forth battle continued in OT. Tied at 70 after Torres’ basket with 2:10 left, FEU regained the lead for good thanks to Mongcopa’s freebies. Adamson guard Matthew Montebon misfired on a 3-pointer as time expired.

Torres led all scorers with 24 points, while Manzano posted 19 points and 12 rebounds in losing efforts as the Falcons slid to fifth at 5-5.

Kanlaon Volcano spews ash anew on Sunday morning – Phivolcs

Another ash emission was observed over the summit crater of the Kanlaon Volcano on Sunday morning, the Philippine Institute of Volcanology and Seismology (Phivolcs) said.

Phivolcs reported that the ash emission occurred from 7:30 a.m. to 7:42 a.m., generating plumes that rose 300 meters above the crater, which then drifted southwest.

In its Sunday morning bulletin, Phivolcs recorded eight volcanic earthquakes at the volcano on Saturday.

Phivolcs also said that Kanlaon’s sulfur dioxide flux reached 2,313 tonsThe volcano, which is between Negros Oriental and Negros Occidental, remains under Alert Level 2, Phivolcs said.

Alert Level 2 prohibits entry into the 4-kilometer-radius permanent danger zone and flying any aircraft close to the volcano.

Kanlaon Volcano is one of the most active volcanoes in the Philippines.

Tino may become a typhoon in 24 hours; Signal No. 1 up in 9 areas

Severe Tropical Storm Tino (international name: Kalmaegi) may become a typhoon within the next 24 hours, the state weather bureau said Sunday.

Meanwhile, Tropical Cyclone Wind Signal No. 1 has been raised in nine areas across Visayas and Mindanao. According to the Philippine Atmospheric, Geophysical and Astronomical Services Administration (Pagasa), Tino was last located 805 kilometers east of Eastern Visayas, moving westward at 30 kilometers per hour (kph).

Based on its current track, Tino is likely to make initial landfall over Eastern Samar or the Dinagat Islands late Monday evening or early Tuesday morning, before moving toward Visayas and Northern Palawan and emerging over the West Philippine Sea by Wednesday morning or afternoon.

‘Tino is forecast to continuously intensify and may reach typhoon strength within the next 24 hours,’ Pagasa said in its latest bulletin.

‘It will likely make initial landfall at or near peak intensity, currently forecasted at 150 to 160 kph maximum winds with higher gusts,’ it added. Pagasa also warned that rapid intensification is possible within the next 48 hours and said that a super typhoon cannot be ruled out based on alternate scenarios and climatological data.

Tino is expected to weaken slightly as it crosses the Philippine landmass but is likely to remain a typhoon along its track.

Signal No. 1, where winds of 39 to 61 kph are expected within 36 hours with intermittent rains, has been raised in the following areas:

Visayas

Eastern Samar

Northern Samar

Samar

Biliran

Leyte

Southern Leyte

Camotes Islands

No repeat of Sept. 21 riots, government asks protesters

President Marcos on Saturday appealed to protesters joining the anticorruption rallies on Nov. 30 to avoid violence, expressing hope that there would be no repeat of the rallies held on Sept. 21.

‘The only concern I have when we have demonstrations for whatever reason is that there are agitators who will go and try to cause trouble. What demonstrator goes to a demonstration with Molotov cocktails that are not intending to cause trouble or to hurt people?’ Marcos said. Marcos was referring to the Sept. 21 protest actions denouncing corruption, where some demonstrators clashed with the police on Ayala Bridge in Manila.

Marcos said violence would do no good, lamenting that it would only end up injuring others, including police officers deployed to maintain peace and order.

Marcos stressed that while he understands the public anger over rampant corruption in government, violence is not the answer to the problem.

Tropical Storm Tino enters PAR on Sunday morning – Pagasa

Tropical Storm Tino (international name Kalmaegi) entered the Philippine area of responsibility (PAR) on Sunday morning, according to the state weather bureau.

The Philippine Atmospheric, Geophysical, and Astronomical Services Administration (Pagasa) said Tino entered the PAR at 5:30 a.m.

Tino was last located 1,230 kilometers east of Eastern Visayas, moving west-northwestward at 15 kilometers per hour (kph), Pagasa recorded.

The tropical storm has maximum sustained winds of 85 kph, with gusts of up to 105 kph.

According to Pagasa, Tino will likely intensify into a severe tropical storm on Sunday evening, then into a typhoon on Monday morning.

It is also anticipated to make landfall over Eastern Visayas or Caraga by Tuesday morning, Pagasa added. Currently, only the trough of the tropical storm is causing rains in Northern Samar, Eastern Samar, and Dinagat Islands, Pagasa further said.

Meanwhile, the shear line and the northeast monsoon, or ‘amihan,’ are also causing rains in parts of Luzon.

Pagasa warned of ‘cloudy skies with rains’ due to the northeast monsoon in Ilocos and Batanes.

On the other hand, the shearline will carry scattered rains in the following areas: