FiberXers remain hungry despite preseason success

Justin Arana knows that he and Converge can’t take their tuneup victory over San Miguel Beer over the weekend at face value, saying that the real measure will be known once real games are played in the season-opening of the PBA Philippine Cup.

‘We do take this as a win, but we’re not satisfied,’ Arana told the Inquirer in Filipino after the 114-99 mangling of the powerhouse Beermen at Gatorade Hoops Center in Mandaluyong City.

Preseason games are used primarily as a dress rehearsal, with coaches spreading the minutes while also tinkering with things to be executed before the season tips off this Sunday. That was exactly the case in this anticipated exhibition between both teams.

Converge is seen as a potential spoiler to the dominance of the usual contenders in San Miguel, TNT and Barangay Ginebra, especially after the selection of Juan Gomez de Liaño created a talented five-man combo with Arana, Justine Baltazar, Alec Stockton and Schonny Winston.

The FiberXers showed their quality against the Beermen, breaking away from a 51-all tie at halftime behind that core, along with rugged big man Pao Javillonar, to pull off another win, the fourth straight since Gomez de Liaño began to suit up in the preseason.

But then, San Miguel didn’t go into the contest like the usual San Miguel, as June Mar Fajardo played sparring minutes, CJ Perez and Chris Ross opted to be spectators and coach Leo Austria opted to give his 34-year-old PBA rookie Chris Miller much exposure as he could.

And those are things that Arana and the FiberXers acknowledged.

‘June Mar didn’t play like the June Mar that we know and CJ didn’t play,’ said Arana. ‘Tuneup games are more about scouting and adjustments. Like I said, we won, but we’re not satisfied because the goal is to get wins during the season.’

San Miguel, meanwhile, is going into the Philippine Cup as defending champion after denying TNT’s quest for a historic Grand Slam last July.

Fajardo is expected to be in his best form once the conference starts, while Jericho Cruz could take some of the confidence from his Finals Most Valuable Player award and role in Guam’s entry to the qualification for the quarterfinals game of the Fiba Asia Cup in Saudi Arabia.

Perez, however, could be doubtful for the start of the conference due to an ankle injury sustained with Gilas Pilipinas in the same continental competition.

But there might be some optimism toward Miller, picked ninth in the Draft, as he showed some promise on offense during the tuneup contest. While he’s a PBA greenhorn, Miller has been playing overseas for the past decade, most notably in Europe. INQ

Politics, peso keep PSEi red for 7th session

The local bourse extended its losing streak to the seventh consecutive session on Tuesday. Domestic politics and the weak currency continued to weigh on market sentiment, leading to more investors taking cover amid the uncertainty.

By the closing bell, the benchmark Philippine Stock Exchange Index (PSEi) had lost 0.74 percent or 44.14 points to end at 5,953.46.

Likewise, the broader All Shares Index shed 0.43 percent or 15.55 points to close at 3,620.79.

A total of 1.57 billion shares worth P9.09 billion changed hands, stock exchange data showed.

The index remained in the red territory as investors remained cautious about domestic uncertainties, said Luis Limlingan, head of sales at stock brokerage house Regina Capital Development Corp.

Flood control scandal

On Monday, the Senate blue ribbon committee confirmed that resigned Ako Bicol Rep. Elizaldy Co and former House Speaker Martin Romualdez would be invited to the next hearing on the billion-peso flood control scandal.

This is the latest development in the corruption behind the projects. Twenty-one politicians and officials of the Department of Public Works and Highways are possibly facing charges.

At the same time, Limlingan said traders were closely watching the weakening peso.

International Container Terminal Services Inc. was the most actively traded stock as it lost 1.95 percent to P471.60 each. It was followed by BDO Unibank Inc., down 1.56 percent to P132.90; Ayala Land Inc., down 3.56 percent to P24.35; RL Commercial REIT Inc., down 3.84 percent to P7.26; and SM Investments Corp., down 0.68 percent to P735 per share.

Others were Ayala Corp., down 1.95 percent to P482.80; Bank of the Philippine Islands, up 3.6 percent to P115; SM Prime Holdings Inc., down 1.32 percent to P22.45; DigiPlus Interactive Corp., up 2.23 percent to P25.25; and Manila Electric Co., down 0.19 percent to P530 each.

Losers outnumbered gainers, 129 to 79, while 45 companies closed flat, stock exchange data also showed.

Youth health awareness high, but action lacking-Manulife study

Young Filipinos know what it takes to stay healthy, but far fewer follow through, highlighting ‘significant’ gaps between awareness and action.

This is based on a new Manulife Philippines study that surveyed 500 respondents nationwide, 40 percent of whom are in Metro Manila.

The survey found that while 83 percent described themselves as knowledgeable about health and wellness, only 76 percent were taking sufficient action.

Millennials and Gen Zs, the study noted, often fell short of their own standards.

On nearly every health measure, the insurer said, practice lagged behind awareness.

About 78 percent of respondents agreed that monitoring sleep quality was essential, but only 63 percent actually did so. The same pattern held true for nutrition, blood pressure, body weight and cholesterol.

The gap was even starker when it came to behavior. While nearly three-quarters of respondents said maintaining a balanced diet was crucial, just 58 percent said they followed one.

Fewer still reported practicing good sleep habits, exercising regularly, balancing work and life, or avoiding smoking.

‘Filipino Millennials and Gen Zs face notable health and wellness gaps,’ the study concluded.

Without a stronger shift from awareness to action, it warned, younger Filipinos could face mounting risks to their long-term well-being and quality of life.

‘While wellness may be a recognized priority, many young Filipinos struggle to consistently practice key health behaviors-especially women, who report a larger gap in achieving work-life balance,’ it added.

Key challenges

The study also found that stress was the most frequently cited obstacle to healthier living, with 64 percent of respondents blaming it for keeping them from their desired level of well-being.

Other barriers included excessive screen time (48 percent), sleep deprivation (45 percent), lack of exercise (42 percent) and poor diet (39 percent).

Millennials reported feeling the strain the most: 69 percent said they struggled with stress, compared with 58 percent of Gen Z respondents.

The two generations also differed in their approach to health and longevity. Millennials placed greater emphasis on physical health and family relationships, while Gen Zs said they were more focused on finding a sense of purpose.

For both, however, maximizing lifespan was not the goal. Just 13 percent of respondents said living as long as possible was a priority.

Security Bank names new CEO

Security Bank Corp. has appointed Victor Lee Meng Teck, a Singaporean veteran banker, as its new president and CEO effective early January 2026.

Lee, the former CEO of CIMB Singapore, will replace Sanjiv Vohra after more than six years.

Vohra will remain as senior advisor to the board once he steps down next year, Security Bank said in a stock exchange disclosure on Tuesday.

‘We’re grateful to Sanjiv for his steady leadership during one of the most challenging periods in recent history,’ Security Bank chair Cirilo Noel said. Vohra was appointed months before the onset of the COVID-19 pandemic, which paralyzed economies across the globe.

Seamless transition

‘His vision and dedication have left the bank stronger, more resilient and well-prepared for the future,’ Noel added.

For his part, Lee is recognized for spearheading the growth of CIMB Singapore, doubling the bank’s revenue and raising return on equity to nearly 20 percent, according to Security Bank.

‘As we welcome Victor, we’re confident this seamless transition will allow us to sustain momentum and capture new opportunities,’ Noel noted.

Lee’s appointment comes two months after Security Bank announced the early retirement of Eduardo Olbes, its chief financial officer. Olbes, who first joined Security Bank 15 years ago, became senior advisor to the president and CEO on Aug. 11.

Discaya couple appears at ICI hearing in Taguig

Contractor couple Cezarah ‘Sarah’ and Pacifico ‘Curlee’ Discaya arrived at the Independent Commission for Infrastructure (ICI) office in Taguig City to serve as resource persons in the commission’s hearing on Tuesday, September 30.

The media tried to get Sarah’s and Curlee’s statements regarding their cases, but they declined to comment.

The Discayas are currently under investigation for alleged involvement in anomalies in flood control projects. /cb/abc

MAP seeks national budget to complete Edsa busway

The Management Association of the Philippines (MAP) has urged Congress to reallocate funds for the completion of the long-delayed Edsa busway system in the 2026 national budget.

‘The government’s commitment to ease the plight of bus commuters must be met,’ MAP president Alfredo Panlilio and MAP Transportation and Infrastructure Committee Eduardo Yap said in a letter dated Sept. 24.

In their letter addressed to acting Transportation Secretary Giovanni Lopez, Senate Committee on Public Affairs chair Raffy Tulfo and House committee on transportation Chair Franz Pumaren, MAP said Congress now had the opportunity to reallocate funds to complete this project within a year.

‘Since the government is not inclined to appropriate funds for flood control projects, funds there can be more ideally reallocated to the Busway System,’ Panlilio said.

Panlilio said ‘no meaningful budget allocation’ had been provided for this project, except for a few hundred million pesos.

Almost 100,000 bus commuters depend on the busway for their daily commute, causing severe congestion in Manila Metro Rail Transit Line 3 (MRT 3) used as makeshift points for five years now, the group said.

‘While this interim arrangement has been acceptable during the initial test period, severe congestion has been a daily grind for both MRT-3 and Busway commuters in the already over-crowded MRT-3 stations,’ the letter added.

Slow progress

MAP said only four out of more than 20 busway-dedicated stations have been completed: Guadalupe, Buendia, Taft Avenue and Roxas Boulevard stations. Two others, North Edsa and Ortigas stations, are being built through private sector donations.

It said the busway stations could be ‘easily completed’ next year if the projects would be auctioned off in batches to large and reputable contractors.

These are Kamuning, Cubao/Araneta, Santolan, Camp Aguinaldo, Corinthian Gardens, Highway Hills, Estrella St. (Rockwell), Ayala/Edsa, Magallanes, Malibay, F.B. Harrison, MOA/J. Diokno, Aseana/Macapagal and Parañaque Integrated Terminal Exchange.

‘In addition to other ancillary facilities, this system must be equipped with overhead bridgeway to the station platforms along the road median beside the MRT3 trackway, and provided with convenient access for the physically-challenged commuters,’ the letter read.

The group proposed finalizing a schematic busway system plan to connect, at least, Commonwealth Avenue in Quezon City and other major routes.

It also recommended developing a comprehensive Metro Manila Busway System to complement rail systems that are existing or under construction.

Palace defends Azurin’s ICI appointment: He’s an expert investigator

President Ferdinand R. Marcos Jr. stood by his decision to appoint retired Philippine National Police chief General Rodolfo Azurin Jr. to the Independent Commission for Infrastructure (ICI), despite being linked to previous controversies.

In a briefing on Tuesday, Palace press officer Claire Castro said the President handpicked Azurin to be the new special adviser and investigator of the ICI because of his ‘experience and expertise as an investigator.’

His appointment also has ‘no complications, because he is not a politician,’ she added.

According to Malacañang, Marcos had also taken into consideration Azurin’s involvement in the alleged coverup in the investigation of the PNP into a controversial drug haul in 2022.

‘He was just accused. It is easy to just drop names and to pin the blame on others,’ Castro explained.

‘It would be a different story if there were cases filed against him and he was convicted,’ she said.

Azurin fills in for Baguio City Mayor Benjamin Magalong, who resigned on Friday after Malacañang raised concerns that his dual role in the government, among other issues, might compromise the independence of the ICI.

Stakeholders earlier raised concerns of Magalong being unfit to be at the ICI, citing the constitutional ban on any elective official from being designated to another public office during his tenure.

As special adviser and investigator, Azurin may directly submit reports and information to the ICI to aid in its fact-finding mandate.

He may also conduct a probe ‘on his own,’ but he does not hold power over the government’s law enforcement, intelligence and investigative bodies, including the PNP and National Bureau of Investigation.

In January 2023, then-Interior Secretary Benhur Abalos called for the courtesy resignation of all the more than 900 colonels and generals of the PNP as part of the government’s internal cleansing of the police force.

Azurin was among the first who submitted his courtesy resignation, but Marcos immediately rejected it, allowing him to complete his tenure and effectively clearing him of any involvement with illegal drugs.

Abalos, who also chairs the National Police Commission (Napolcom) then, ordered the PNP to create a special investigation task group to probe the involvement of police officials, including generals, in the seizure of 990 kilos of shabu worth P6.7 billion in a warehouse owned by a police intelligence officer in Tondo, Manila in October 2022.

Later inquiries found that police officers and officials attempted to pilfer the confiscated shabu either to be resold or to be used as ‘accomplishment’ in future anti-drug operations.

By April 2023, before Azurin retired from the police service, Abalos alleged that there was a ‘massive cover-up attempt’ in the investigation of the PNP. He ordered the Napolcom to conduct its own oversight inquiry.

Azurin denied Abalos’ claim and came to the defense of the two generals implicated in the investigation.

After a joint inquiry by the Napolcom and PNP, criminal complaints were filed against 50 police personnel, including two generals, before the Office of the Ombudsman for their suspected coverup and involvement in the operation.

In July 2023, Marcos accepted the resignation of 18 PNP officials, including three generals, for their drug involvement.

LOOK: Kris Aquino goes out with kids Josh and Bimby, spends time with friends

Amid her battle with several autoimmune diseases, Kris Aquino looked well and radiant during her and her children Josh and Bimby’s recent visit to a friend who celebrated his birthday.

The Queen of All Media, albeit wearing a face mask, appeared smiling while bonding over a meal with hair and makeup artist Jonathan Velasco at the latter’s intimate birthday celebration.

Aside from the Aquinos and Velasco, a few other companions, including those who appeared to be Kris’ medical staff, were present at the gathering, as seen in the photos shared by the makeup artist on his Instagram page.

‘A huge thank you to the Aquino family for making my birthday so special,’ Velasco captioned his post. ‘Love you po, Madam Kris, Josh and Bimb.’

Velasco’s comments section was then flooded with messages from Kris’ supporters who thanked the makeup artist for sharing his recent moment with the actress-TV host.

Just earlier this month, Kris underwent two surgical procedures. She also previously had surgical procedures last August as she began a ‘more aggressive treatment’ for her 11 autoimmune diseases

Discayas are now ‘financially constrained,’ says lawyer

The contractor couple Pacifico ‘Curlee’ and Cazarah ‘Sarah’ Discaya are now ‘financially constrained,’ as all of their bank accounts have been frozen, their lawyer, Atty. Cornelio Samaniego III, said on Tuesday.

Samaniego bared this in an ambush interview at the office of the Independent Commission for Infrastructure (ICI) when asked if the Discayas will also surrender luxury cars to the commission, just like what former Department of Public Works and Highways-Bulacan assistant district engineer Brice Hernandez did when he previously attended a hearing.

‘We won’t be returning anything because the account has already been frozen,’ Samaniego said. ‘So we haven’t discussed that yet.’

‘They are financially constrained now. Their bank accounts have been frozen. All their bank accounts have been frozen,’ he emphasized.

The contractor couple attended the hearing of the ICI on the flood control anomalies for the first time on Tuesday.

Samaniego said the Discayas gave ‘tell-all’ testimonies during the proceeding, adding that they will return at the ICI next week to also serve as resource persons.

When asked if the real properties of the Discayas were also frozen, the lawyer said they have no idea about these movements yet.

Earlier, the Anti-Money Laundering Council said it has already frozen the bank accounts of individuals linked to corruption complaints in connection with the questionable flood control projects.

Curlee also mentioned the status of their bank accounts at a recent Senate Blue Ribbon Committee hearing. /apl