Asianet Pakistan Private Limited

Initially established in Japan, Multibook is a provider of Enterprise Resource Planning (ERP) systems and outsourced services, offering smart software and back-office support for global businesses. They recently expanded to the Philippines having fully aligned with the Electronic Invoicing System (EIS) to help enhance tax compliance and streamline operational efficiency for local and international companies.

Given the integration of the current multibook system with the CAS and CBA requirements in the country, enhanced features are expected to be launched before the end of the year.

Understanding E-invoicing requirements

Large taxpayers, e-commerce businesses, and exporters have been mandated to issue electronic invoices and transmit sales data to the Bureau of Internal Revenue (BIR) within five years since the enactment of the Tax Reform for Acceleration and Inclusion (TRAIN) Law in 2018.

In June 2022, the BIR mandated e-invoicing and real-time or near-real-time electronic reporting of sales data within three days of the transaction after issuing Revenue Regulation No. 8-2022 as a response.

Further expansion of these requirements came with Revenue Regulation No. 11-2025, which was issued in February 2025. It extends the mandatory e-invoicing to CAS and CBA users, Point of Sale system users, and tax-incentivized registered business enterprises. A one-year transition period has been granted from the effective date of the regulation.

The registration process for CAS and CBA simplified after Revenue Memorandum Circular No. 5-2021 was issued in January 2021. System registration is mandatory, and post-evaluation may be conducted, however prior system approval and pre-assessment are no longer required.

Regulatory-ready solutions for BIR compliance

multibook is a BIR-approved system with proven CAS and CBA compliance experience, support for standard accounting processes across various client companies. Other key components include displaying the business name and VAT-registered TIN number on invoice and ledger headers, as well as generating specialized journals (such as sales and purchases) in addition to the general journal and general ledger.The system offers the following core features to support compliance and operations:

Direct system connection with BIR EIS for sales data transmission: To meet BIR’s real-time or near-real-time requirement (within three days of the transaction), Multibook is developing a direct system link (API) to EIS, targeted for early November 2025.to-end billing support in the Philippines: The system already supports invoice email delivery to customers and is developing an extended solution for Form 2307 workflows, along with a direct connection to the EIS system, to streamline billing operations.

Multibook empowers all enterprises operating in the Philippines to meet BIR’s CAS and EIS requirements effectively with its comprehensive features. By adapting to these digital tax reforms, they remain committed to supporting the digital transformation of finance and accounting operations in the region.

Overview of the global cloud ERP multibook

It is built for speed with fast implementation and processing and rapid issue resolution.

The system supports 12 languages, including multi-currency and multiple ledgers, and integrates with global locations seamlessly.

Deployed in 35 countries by 600+ companies across manufacturing, trading, FandB, construction and more, it is also recognized as a BIR-approved ERP with CAS and CBA track records with companies based in the Philippines.

The system is prepared to meet Japan’s new lease accounting standard, effective for financial years beginning on or after 1 April 2027.

Key modules: Accounting, Logistics, Fixed Assets, IFRS Lease Accounting, New Lease Accounting Standard, Expense Reimbursement, Management Cockpit, BPO Cockpit, and External Integrations (e.g., Group Consolidation, Warehouse Management)

Service name: multibook

Supported languages (12): Japanese, English, Thai, Vietnamese, Korean, Burmese, German, French, Spanish, Chinese (Traditional/Simplified), Indonesian

Senate Minority Leader Alan Peter Cayetano on Monday pressed for his ‘national reset’ proposal, urging government leaders to answer first this primordial question: Are you willing to resign?

‘Are you willing to resign is the first and essential question. Just answer that first, please!’ Cayetano said in his latest post on social media, adding that resignation should come with a commitment that incumbent officials should not run for any position for one election cycle.

‘Believe me, once that’s settled, all the other questions will be easy to answer or discuss,’ he said.

To restore public trust amid the corruption scandal plaguing the government, Cayetano earlier called for the resignation of all national leaders and the holding of a snap election.

But Senate President Vicente ‘Tito’ Sotto III and Senate President Pro Tempore Panfilo Lacson, in separate messages to reporters, said nothing in the Constitution provided for snap elections.

Cayetano then clarified his proposal in his latest social media post.

‘It’s not my job nor my intention to tell anyone what to do, to tell anyone to resign, to tell the president, the VP, senators and congressmen and women to resign. My duty is to reflect on the problems our nation faces. Discern, pray, then articulate ideas,’ he pointed out.

He noted, however, that the ‘sheer massiveness’ of those allegedly involved in the scandal and the staggering amount of money stolen from government’s coffers, already call for ‘immediate, effective and decisive action,’ which he said ‘sadly and unfortunately is not happening.’

‘Thus, the need for radical solutions,’ the senator said.

Several lawmakers, including former Senate President Francis ‘Chiz’ Escudero and former House Speaker Martin Romualdez, have been dragged into the flood control projects mess, which has been the subject of separate investigations by Congress and the Independent Commission for Infrastructure.

‘Not everyone is dirty, but the system is broken, making accountability very difficult,’ Cayetano said.

‘Having a clean slate will allow us to act faster, be more effective, and decisive in finding and punishing those who are guilty. No hiding behind legislative immunity,’ he explained.

‘The question to the above officials is not ‘Is sacrificing for the nation possible? Can Comelec [Commission on Elections] do it and be fair? Is there a legal framework?’ he said.

‘The question is very simple. It’s a personal question. Are you willing to resign?’ he asked in his post.

The Philippine National Police (PNP) reported that crime rates nationwide fell by 13.82 percent over the past three months.

From July to September, the police recorded 8,988 incidents of focus crimes, down from 10,430 during the same period in 2024, PNP Directorate for Investigation and Detective Management (DIDM) chief Brig. Gen. Matthew Baccay said in a briefing at Camp Crame on Monday.

Focus crimes include murder, homicide, physical injury, rape, robbery, theft, and carjacking of motor vehicles and motorcycles.

Baccay also said crime rates have been declining over the past nine months, from 30,126 incidents recorded between Jan. 1 and Sept. 25, 2024, to 25,648 incidents during the same period in 2025.

Data from the DIDM showed that murder cases fell from 3,042 to 2,549; homicides from 932 to 794; physical injury cases from 4,112 to 3,404; rape cases from 7,191 to 5,540; robbery cases from 3,164 to 2,629; and theft cases from 9,886 to 9,009.

Additionally, motor vehicle carjacking cases dropped from 230 to 191, while motorcycle thefts fell from 1,569 to 1,532, according to the DIDM.

HPG

Later in the briefing, Col. Hansel Marantan, Highway Patrol Group (HPG) director, said the police’s traffic unit recorded 14,111 for not wearing helmets; 7,063 violations for not wearing seatbelts; 187 violations for driving cars without import commodity clearance (ICC) stickers; and 34,681 other traffic infractions from Sept. 1 to 30.

Marantan added that the HPG recovered 94 stolen motor vehicles and 37 stolen motorcycles; arrested 44 alleged carnappers; and confiscated 474 blinkers from motor vehicles during the same period.

He further touted that the HPG began coordinating with the Land Transportation Office for checkpoints to catch drivers under the influence of alcohol or illegal drugs, with a pilot test last Thursday apprehending at least 20 drivers for minor traffic violations in Quezon City.

The HPG chief also said the police’s traffic unit will begin checking vehicles with white backgrounds and green alphanumeric characters to ensure they are certified hybrid or electric vehicles.

‘We will check the motor vehicles sporting green plates because they need to bring the certification from the Department of Energy to qualify for exemption from the number coding scheme,’ he added in Filipino.

Last Sunday, the Metropolitan Manila Development Authority issued a statement announcing that it had approved the appeal of a motorist whose electric vehicle was wrongly flagged for violating the number coding scheme through the no-contact apprehension policy.

Electric vehicles are exempt from the number coding scheme through Republic Act No. 11697 or the Electric Vehicle Industry Development Act. /mcm/abc

Earlier this year, the World Economic Forum (WEF) released the Future of Jobs Report 2025, which found that 68 percent of Filipino workers require training to keep up with the evolving skill demands of the work landscape. This is notably higher than the global average of 59 percent, highlighting the vulnerability of many Filipinos to the risk of job displacement if no significant efforts are made to upskill and reskill the local workforce.

Representing 22 industry clusters and 55 economies, the WEF report estimates that 170 million new roles will be created, while 92 million will be displaced by 2030. The shifts will be driven primarily by broader access to artificial intelligence (AI) and other technological advancements, increased focus on climate-change mitigation, and a growing demand for services catering to an aging population. In contrast, demand for clerical and secretarial roles like cashiers, administrative assistants, and bank tellers is expected to decline as automation and digital systems take over these tasks.

The good news is, many companies are already investing in reskilling and upskilling employees as part of a strategic imperative to maintain their competitive advantage. The bad news: the Organization for Economic Cooperation and Development found that one of the biggest barriers to the success of these programs is convincing workers to participate. The OECD reported that only a very small fraction of workers voluntarily take part in training programs, and those who do are often the ones who need them the least.

Perhaps this is a telling proof point for what the WEF identified as crucial skills for the 2025-2030 period. While technology-related capabilities like AI, big data, cybersecurity, and digital literacy top the list of fastest-growing skills, soft skills, such as creative thinking, resilience, flexibility, agility, curiosity, and lifelong learning, are also projected to rise in importance. In short, people need to strengthen their motivation and capacity to self-learn. In a future where disruptions are inevitable, being intentional and proactive about one’s personal and professional growth becomes the foundation of resilience.

The global pandemic gave us a glimpse of this human capacity for reinvention: from teachers who quickly taught themselves digital tools to continue holding classes to home-based entrepreneurs who set up new businesses based on skills they learned from YouTube tutorials. These stories highlight the importance of being able to adjust one’s strategies when things do not go as planned.

In education, we call this self-regulated learning (SRL)-the ability of learners to plan, monitor, and evaluate their own learning activities to achieve specific goals. A 2022 study on AI and education emphasized that the workers who will thrive in an AI-driven economy are those with strong SRL skills and who can continually direct their own learning.

SRL starts with reflection and self-awareness. In order to adapt, we must first have a realistic assessment of which among our current roles, skills, and expertise could be rendered obsolete in the future. From there, we can set achievable learning goals that align with our desired career trajectory. People who practice self-regulated learning cultivate adaptability because disruptions are treated less as a crisis and more as a challenge. This mindset shields individuals not from change itself, but from paralysis in the face of ambiguity.

Leaders have a responsibility to model SRL for their staff. One of the best motivators for participation in professional development sessions is when senior leaders and middle managers also allocate time to join these trainings alongside their teams. This should be reinforced by one-on-one conversations that will guide and empower employees to identify their own learning gaps and encourage them to take ownership of their growth path.

In a month, I’ll be taking my comprehensive exams for my master’s degree in clinical psychology. It took me an additional year because psychology was not my undergraduate major and I had to take bridging subjects. While this was not part of my original career plans, the growing cases of students with learning disabilities and mental health challenges made me realize that being a licensed clinical psychologist would make me a more effective educator and school administrator.

Not everyone has access to extensive training from their organizations, nor the time or resources to pursue another degree. In this context, AI-powered systems can help democratize learning by giving individuals on-demand access to educational materials, personalized feedback, and opportunities to acquire new skills tailored to their needs. People just need to have a strong desire and commitment to self-learn. And perhaps, in the age of AI, self-regulated learning is the truest measure of intelligence. It is no longer about how much we know, but how quickly, humbly, and intentionally we can learn what we don’t.

Philippine National Police chief Lt. Gen. Jose Melencio Nartatez Jr. vowed to unmask the personalities behind the massive cache of ‘shabu’ (crystal meth) discovered in a private property in this town on Friday night.

Nartatez said the PNP and the Philippine Drug Enforcement Agency (PDEA) were already ‘on track’ in identifying and pursuing the suspects who would be charged and subject to arrest warrants.

‘For sure, we have enough pieces of evidence, and we will pursue them-especially since they left traces, whether electronic or through witnesses who can identify where they came from,’ he said in a press briefing here Saturday.

PDEA Director General Isagani Nerez, who was in the same press briefing, said authorities would not rest ‘until we are able to account for all the persons responsible for these major drug operations.’

The two-day antidrug operations in Pangasinan led to the confiscation of 1,020 kilograms of shabu, estimated to be worth P6.8 billion, which were packed in tea cartons with Chinese markings and even had QR codes.

The discovery of the large amount of shabu was triggered by the arrest on Thursday of two drug dealers in Bugallon town-a 40-year-old Chinese national known by the alias ‘Monkey’ and his driver, alias ‘Gardo,’ 54, a resident of Mampang, Zamboanga City-who yielded 125 kilos of meth.

On Friday night, authorities raided a private property in this coastal town where they found 895 kilos of shabu already loaded in two vehicles, apparently bound for Metro Manila.

Nerez said the total volume of seized shabu-1,020 kilos-would still be verified to determine the precise weight, as the initial figure included several layers of plastic packaging.

New shipment

He said investigators were confident the shabu recovered in Bugallon came from the same warehouse in Labrador, noting the identical Chinese character markings on the packs.

He also clarified that the latest seizure was not connected to the 1.4 tons of shabu confiscated in Zambales last June, which was suspected to be intended for delivery to Pangasinan.

‘This is a new shipment,’ Nerez said.

The private property in Labrador that served as a warehouse was reportedly purchased only two months ago. Mayor Noel Uson said he had no information yet about the previous or current owners.

Nerez said the property would be forfeited in favor of the government ‘to serve as a lesson to those who harbor drug syndicates.’

The raid was carried out under a search warrant issued by Judge Vincent Lamug of the Regional Trial Court Branch 70 in Burgos town.

Nerez credited Police Regional Office Ilocos Region director Brig. Gen. Dindo Reyes and Pangasinan Provincial Police director Col. Arbel Mercullo with securing the warrant.

He noted that Pangasinan has become a ‘favorite dumping ground’ for illegal drugs because of its proximity to international smuggling routes along the high seas.

Dumping ground

Zambales and a province in Mindanao are also considered key entry points, he said.

Last June, floating packs of shabu were recovered off the coastal towns of Pangasinan, Ilocos Sur, and Ilocos Norte.

Nerez noted that the total volume of shabu seized during the Marcos administration has already surpassed that of all previous administrations combined. Nerez reiterated that the confiscated drugs would be destroyed immediately and expressed gratitude to the PNP, the Armed Forces of the Philippines, and the Philippine Coast Guard for their close coordination in the government’s antidrug campaign. /cb

The magnitude 6.9 earthquake that struck Cebu province on Sept. 30 has generated over 7,000 aftershocks, the state seismologist said Monday.

In its 8 a.m. update, the Philippine Institute of Volcanology and Seismology (Phivolcs) reported a total of 7,027 aftershocks.

Of these, 1,375 were plotted while 31 were felt. The aftershocks ranged from magnitude 1 to 5.1.

Phivolcs initially recorded the earthquake at magnitude 6.7 before later upgrading it to 6.9. The quake occurred at 9:59 p.m. on Sept. 30, with its epicenter located 21 kilometers northeast of Bogo City, Cebu.

The agency also identified the fault that caused the earthquake. Its quick response team located the inland extension of the newly named Bogo Bay Fault in Sitio Looc, Barangay Nailon, Bogo City.

‘The team observed fault scraps, open cracks, and small pressure mounds within a 2-meter-wide deformation zone,’ Phivolcs said. /mcm

The Office of the Ombudsman has placed San Simon, Pampanga Mayor Abundio ‘JP’ Punsalan Jr. under preventive suspension for six months without pay in connection with two administrative complaints filed by the National Bureau of Investigation (NBI).

The cases stem from an August 5 entrapment operation in which he allegedly accepted P30 million that he had demanded from a Chinese-Filipino businessman.

‘Based on the evidence on record, it is preliminarily established that the guilt of [Punsalan] is strong and the charges against him involve grave misconduct, serious dishonesty, and conduct prejudicial to the best interest of the service,’ stated the Ombudsman’s order dated Sept. 30, and signed by acting Ombudsman Dante Vargas.

Vargas added that the penalty for such offenses is removal from service.

The NBI, along with Real Steel Corporation representatives Irwin Chua and Melodie Arellano, filed the administrative cases after also charging Punsalan in the Sandiganbayan with robbery by means of extortion, violation of the Anti-Graft and Corrupt Practices Act, and violation of the Comprehensive Firearms and Ammunition Regulation Act following the entrapment operation.

Real Steel Corp. president Irwin Chua alleged that Punsalan lowered his demand from P155 million to P80 million and sought an initial payment of P30 million in exchange for allowing the corporation to continue operating in San Simon and for not interfering with the implementation of local tax incentive ordinances.

Vargas said there was ‘enough basis to conclude that his continued stay in office may prejudice the just, fair, and independent disposition of the present cases.’ The preventive suspension was issued in accordance with Republic Act No. 6770, or the Ombudsman Act of 1989.

Reached for comment, the mayor’s counsel, Atty. Raymond Viray, counsel for Punsalan, said: ‘We will reserve our arguments for the court. What is important is that the Mayor is cooperating fully and is committed to clearing his name.’/coa/abc

On National Teachers’ Day (NTD), President Ferdinand Marcos Jr. emphasized that knowledge without integrity is useless and that the true measure of education’s success lies in the moral conviction of students.

During the NTD celebration at the SM Mall of Asia Arena in Pasay City, Marcos paid tribute to the nation’s educators for their dedication to teaching and for serving as role models to their students.

He also believes that education is the best investment any nation can make in its people.

‘The true success of education lies not only in the intelligence of our youth but also in their goodness and moral conviction. For intelligence without integrity is meaningless, but goodness and wisdom-these will uphold our New Philippines,’ he said.

‘Ladies and gentlemen, you here are the guiding hands, and in your hands our nation’s progress is held. In your strength, in your wisdom, and in your courage, we find the assurance that our future is secure,’ he added.

Moreover, Marcos described teaching as a ‘partnership’ between students and teachers.

‘Teaching is a partnership-between teachers and learners, between generations, between those who dream and those who make dreams possible. And it is in this collaboration that the strength of our nation is built,’ he explained.

Marcos also cited some of his administration’s initiatives to support teachers, such as the signing of the Kabalikat sa Pagtuturo Act, which provides teachers with P10,000 to help cover classroom needs, and the issuance of Department of Education Order No. 005, which ensures fair teaching loads.

Teachers will also receive a P1,000 incentive in time for World Teachers’ Day in recognition of their service.

‘This administration is also preparing and investing for the long term. The Senate and Congress have already proposed the 2026 budget for DepEd,’ the chief executive said.

‘Meanwhile, we have allocated P26.55 billion for DepEd programs from the funds of the flood control projects, which we have deemed not to be viable,’ he told the audience.

‘These funds will be directed to increase funding for classrooms, child nutrition, teacher compensation, and technology in schools, because we believe that education is the best investment that any nation can make in its people,’ he added.

According to the United Nations Educational, Scientific, and Cultural Organization (UNESCO), World Teachers’ Day is celebrated annually on October 5 to honor teachers around the globe.

It marks the anniversary of the 1966 International Labour Organization/UNESCO Recommendation concerning the Status of Teachers, which established key guidelines on teachers’ rights, responsibilities, and professional standards.

The Bangko Sentral ng Pilipinas (BSP) is expected to leave interest rates unchanged this week, pausing after three consecutive cuts as officials wait for clearer signals on the state of the economy and weigh the peso’s slide.

Ten out of 16 economists surveyed by the Inquirer last week projected that the Monetary Board (MB) will keep the overnight borrowing rate that banks use as a guide when pricing loans at 5 percent when the policymaking body meets on Oct. 9.

A decision to stand pat would mark a pause in an easing cycle that began in August last year, during which the central bank lowered rates by a total of 1.5-percentage points.

Softer inflation gave officials room to loosen policy to shore up growth, which has been strained by global headwinds amid higher US tariffs.

This time, though, analysts see risks that may prompt the central bank to slam the brakes on easing.

A separate Inquirer poll of 14 economists pegged inflation at 2 percent in September, a seven-month high but still within the 2- to 4-percent target range, largely on faster food price gains because of storms and a freeze on rice imports.

The peso’s slide to 58 against the dollar last week has added to the pressure.

Weaker currency levels could feed into inflation, particularly as the US Federal Reserve slows the pace of its own rate cuts.

‘A pause at the current level would also minimize the depreciation pressure on the peso since the BSP has eased more than the Fed so far this year,’ Alvin Arogo, economist and research division head at Philippine National Bank, said.

At its last August meeting, when the BSP cut by a quarter point, Governor Eli Remolona Jr. said monetary policy was in a ‘sweet spot’-neither too low to fuel inflation nor too high to choke growth.

Since then, markets have increasingly expected the easing cycle to near its end, though Remolona has left the door open to another reduction later this year if demand falters.

Waiting game

For analysts at Chinabank Research, the BSP may wait for firmer economic data before deciding whether another cut is warranted.

‘With the central bank describing the current policy rate as the ‘Goldilocks rate,’ policymakers may require a firmer justification for an immediate adjustment to monetary policy,’ they added.

Others remain convinced, however, that more easing is warranted.

Gareth Leather, senior Asia economist at Capital Economics, expects another quarter-point cut this week, arguing that ‘the economy could do with more support’ amid tighter fiscal policy and weaker exports. ‘But the main reason we are expecting further easing,’ Leather added, ‘is that price pressures are weak.’

Even if policymakers hold steady this week, most analysts believe the BSP still has space to reduce borrowing costs further.

‘While we have a 25-basis point rate cut in our fourth-quarter forecast profile, risks on the horizon lead us to believe the BSP will likely delay acting until December,’ said Deepali Bhargava, economist at ING Bank.

a content creator and former ‘Pinoy Big Brother’ housemate who competed with her twin Jai – is set to tie the knot with her American non-showbiz boyfriend, as she announced their engagement.

Agpangan took to her Instagram account on Saturday, Oct. 4, showing photos of herself accepting her partner Danny’s proposal in Austin, Texas.

‘He put a ring on it! From Tita Joj to Wifey Joj. Forever starts now with you, Danny. What a journey it has been – everything happened in God’s perfect timing. I feel so blessed to have a man who loves so deeply and fully. My soulmate, I love you so much!’ she wrote while adding a bible verse in the caption.

Agpangan also showed a closer look at her engagement ring, featuring a thin silver band, an oval-shaped diamond in the center, and two small diamonds ’embracing the center stone’ in a separate post.

‘My engagement ring means more than I can put into words. It tells a story – the two small diamonds that embrace the center stone honor the bond I share with my twin, Jai, a bond that has shaped who I am. No matter where life takes us, we’ll always be there for each other,’ she wrote.

The content creator also shared that her fiancé chose an engagement ring ‘that captured [her] dreams and gave it an even deeper meaning,’ which she is grateful for.

‘I once had a vision of the ring I dreamed of, but the love of my life chose one that captured that dream and gave it even deeper meaning. For that, I am forever grateful,’ she said. ‘I’m so thankful for a man who understands that Jai will always be a part of me as I step into this new chapter.’

Agpangan also opened up about her engagement with Danny on her vlog, saying their relationship is ‘very lowkey’ but is nonetheless blessed by their families and loved ones.

‘He’s really a great guy. He’s the best. I can’t wait to spend my whole life with him. it’s a lot to process because everything is [happening] so fast, it’s a rollercoaster ride. I’m still processing it but I’m getting there,’ she said.

Joj and Jai entered the ‘Pinoy Big Brother’ house during its ‘Teen Edition 4’ edition in 2012. They finished their journey in fourth place. Myrtle Sarrosa emerged as the season’s Big Winner.