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SEC allows one-day registration for foreign companies

Buildings are seen in Bonifacio Global City, Taguig City on Feb. 7, 2025. — PHILIPPINE STAR/NOEL B. PABALATE

COMPANIES with foreign equity seeking to incorporate in the Philippines may now register their businesses with the Securities and Exchange Commission (SEC) in just one day.

In a statement on Wednesday, the SEC said it has expanded the coverage of the One Day Submission and Electronic Registration of Companies (OneSEC) Zuper Easy Registration Online facility to include corporations with foreign equity as part of efforts to further streamline the registration process.

“Streamlining the company registration process for foreign entities is a crucial component of our thrust to improve the ease of doing business in the country,” SEC Chairperson Francisco Ed. Lim said.

“By expanding the coverage of OneSEC to foreign entities, we want to send a strong signal to the international business community that the Philippines is open for business, and hopefully encourage them to set up shop here,” he added.

The corporate regulator said it registered a total of 145 foreign corporations in the first half of 2025, a figure expected to rise with the implementation of the faster registration process.

Launched in 2021, OneSEC is a subsystem of the Electronic Simplified Processing of Application for Registration of Company (eSPARC) that uses pre-filled application forms to accelerate processing.

The SEC said the system allows applicants to complete registration in as fast as one minute and 14 seconds, from the start of the application to the issuance of a digital certificate of incorporation.

One-person corporations and regular corporations with two to 15 incorporators, directors, and stockholders are eligible to register via the “pass-through” system.

In August, the SEC expanded the industries eligible to use its one-day registration system, raising the number to 81 from 33 previously. The wider coverage led to a 190% jump in registrations through the OneSEC platform, which reached 2,938 in July from 1,014 in May.

The additional industries included sectors such as computer programming, customs brokerage, deep sea commercial fishing, property management, drugstores, and radio broadcasting. — Alexandria Grace C. Magno

SMC sets Oct. 1 redemption for P20-B preferred shares

BW FILE PHOTO

ANG-LED conglomerate San Miguel Corp. (SMC) will redeem its Series 2-J preferred shares on Oct. 1 at P75 each, plus unpaid dividends, covering more than 266 million shares.

In a disclosure to the stock exchange on Wednesday, SMC said its board of directors approved the redemption of 266.67 million Series “2” Preferred Shares-Subseries J during its Aug. 7 meeting.

The company said the move forms part of its strategy to manage its preferred shares portfolio and meet upcoming redemption obligations.

“Upon redemption, the SMC2J Preferred Shares shall not be considered retired and may be re-issued by the corporation,” it said.

SMC said the redeemed shares will be removed from trading and may be reissued subject to regulatory approval.

“This redemption gives a glimpse of its financial health, showing its ability to fund the redemption of roughly P20 billion worth of preferred shares,” Regina Capital Development Corp. Head of Sales Luis A. Limlingan said in a Viber message.

“It also opens the idea of possibly tapping into cheaper funding or reallocating resources toward other projects and ventures, while at the same time streamlining its capital structure and easing dividend obligations,” he added.

Mr. Limlingan noted that SMC has no history of defaulting on its obligations.

Separately, SMC is seeking to raise up to P30 billion through an offering of Series 2 preferred shares priced at P75 each, with an oversubscription option of up to P10 billion. The issue will consist of around 266.67 million shares across three subseries (2-S, 2-T, and 2-U).

Proceeds will be used to refinance and redeem existing debts and preferred shares, including Series 2-F, and to repurchase other preferred shares such as Series 2-J and 2-K. Funds will also be allocated to major infrastructure projects, including the Bulacan airport and tollway developments.

SMC shares rose 0.09% to P58.05 each on Wednesday. — Alexandria Grace C. Magno

Megaworld adding 30,000 sq.m. of retail space with new malls

THE NEWCOAST BEACHWALK in Boracay Newcoast. — MEGAWORLD CORP.

LISTED property developer Megaworld Corp. is set to add 30,000 square meters (sq.m.) of retail space this year with the opening of malls in Taguig, Makati, Las Piñas, and Aklan.

Megaworld, through its retail and commercial arm Megaworld Lifestyle Malls, said in a disclosure on Wednesday that it remains on track to reach one million sq.m. in gross leasable area (GLA) by 2030.

Scheduled to open this year is The Shoppes at Park McKinley West, a two-storey mall within the Park McKinley West condominium complex in Fort Bonifacio. It will feature international retailers, first-in-the-Philippines concepts, and local dining and lifestyle brands such as Ogawa Traditional Japanese Restaurant, Tartufo, Royal Indian Curry House, One World Deli, George & Onnie’s, Café 17, Nightshade Cocktails & Bar, Hanamaruken, and Yakinuku Sudaku.

The company is also set to open a lifestyle mall at the Vion Tower in Makati and another in Las Piñas City’s Alabang West.

In the Visayas, Megaworld will launch Newcoast Beachwalk, a retail and dining hub catering to tourists.

Earlier, the company added 36,000 sq.m. of GLA at Lucky Chinatown in Binondo, Manila, with the opening of its Imperial Wing.

In June, Megaworld started the P2.5-billion redevelopment of its 18.5-hectare Eastwood City township.

Megaworld reported a 10% increase in first-half leasing revenues to P3.33 billion, supported by higher consumer foot traffic and strong demand from premium tenants.

“We are growing our leasing business by bringing our signature lifestyle mall concept to more locations while introducing new experiences that resonate with today’s consumers,” Megaworld Lifestyle Malls Head Graham M. Coates said.

“This approach allows us to drive sustained growth for Megaworld and, at the same time, enhance the value of our townships nationwide,” he added.

Shares in Megaworld rose 0.49% or one centavo to close at P2.05 apiece on Wednesday. — Beatriz Marie D. Cruz

Drinking an artwork

CALM SEA SPRAY

FUNDACION SANSÓ and The Spirits Library have something up their sleeve: translating paintings into cocktails.

Throughout September up to Oct. 4, the Poblacion bar is releasing five cocktails inspired by five works of master artist Juvenal Sansó, who passed away earlier this year at the age of 95*.

Of the Modernist school and educated at the University of the Philippines — where he was a student of National Artists Fernando Amorsolo and Guillermo Tolentino — he earned the Presidential Medal of Merit from the Republic of the Philippines in 2006, the Distinguished King’s Cross of Isabela by King Juan Carlos I of Spain in 2007, and the Chevalier de l’Ordre des Arts et des Lettres by France in 2008, according to his obituary in BusinessWorld.

The paintings chosen to be translated into drinks include the en vase floral With Grandiosity and Splendor (the cocktail is made with Martinique Rhum, chamomile and cherry cordial, and egg white), the turquoise-toned A Universe of Things (made with Beefeater Gin, Génépi Liquer, and blue curacao). Stars of the Earth is represented by Codico Blanco, Martel VS Cognac, mezcal, Braulio, Bénédictine, and osmanthus tea. Exalted in Surf and Rocks is embodied through elderflower cordial, Kombu-infused Beefeater, peach and prosecco and chocolate rocks. Finally, Calm Sea Spray is translated into a glass with Havana Club, pineapple-aloe cordial, olive brine, and jasmine tea.

Lee Watson, co-founder of The Spirits Library which executed the drinks through its bartenders, said during the Sept. 4 launch at the bar, “I think the challenge here is to take one art form very different from ours; very visual, and translate it to something here.”

The paintings that inspired the drinks are also hung up in the bar as an exhibition, on loan from the Fundacion Sansó until the end of the month — so you can look at the painting while sipping the drink it inspired.

BusinessWorld tried three of the five. The “Stars of the Earth” cocktail, inspired by a painting flush with greens so rich they appeared to be ready for plucking, had a very evident green note punctuated heavily by the smoky mezcal. “Exalted in Surf and Rocks,” showing suggestive imagery of seafoam fizzing in a cool, bright blue, had a prominent lychee note, and tasted nuanced and complex, but still decidedly fizzy and light. “A Universe of Things,” showing moody foliage with a bright blue background, tasted like it should be enjoyed on the beach.

“What better way to encounter [the paintings] than through a drink raised among friends? A gesture of connection, of celebration, of remembrance,” said Fundacion Sansó Director Ricky Francisco in a speech.

Ten percent of each drink sale goes to the Fundacion Sansó scholarship fund, which has helped 37 scholars at the University of the Philippines Diliman, Far Eastern University, and Bulacan State University.

This is not the foundation’s first foray through food and drink: there is the museum’s Scholarsip Café. They’ve also had several partnerships and merchandise displaying the artist’s work on scarves, bottles; even record players.

“A lot of people think that art is just something you put on the wall. It’s not. It’s a human experience. We want people to open their definition of what art is,” said Mr. Francisco in an interview with BusinessWorld. “Drinks are the fastest way for you to be able to get somewhere else.

“It is a reminder that Art does not end in a gallery. It lives in ways that touch us, surprise us, and show different ways it can be savored,” he said.

The Spirits Library is in 4963 Guerrero St., Poblacion, Makati City. It is open from 6 p.m. to 3 a.m. Fundacion Sansó and its museum are located at 32 V. Cruz St., Brgy. Sta. Lucia, San Juan. This promotion was co-sponsored by Martell, Código 1530, Havana Club, and Beefeater. — Joseph L. Garcia

*https://www.bworldonline.com/arts-and-leisure/2025/03/31/662587/philippine-modernist-painter-juvenal-sanso-95/

Liberty Flour Mills eyes debt-free status by end-2025

LIBERTYGROUP.COM

LISTED Liberty Flour Mills, Inc. (LFM) expects to be debt-free by end-2025, with proceeds from its property sale projected to be realized in the coming months.

“Proceeds from the sale of the Angono property to Haus Talk are expected in the coming month, and LFM anticipates being debt-free by December 2025,” the company said in the minutes of its stockholders’ meeting filed with the stock exchange on Tuesday.

LFM said the proceeds will allow the company to settle some letters of credit within 30 days.

Last year, the company signed a memorandum of agreement for the sale of its properties to Haus Talk, Inc. for P1 billion.

LFM also said it holds about P300 million in preferred shares that are available for sale if needed.

For the second quarter, LFM posted a net income after tax of P9.6 million, down 63.8% from P26.53 million a year earlier on lower revenues.

Revenues fell by 13.37% to P263.98 million from P304.72 million previously.

Incorporated in 1958, LFM is engaged in flour manufacturing, utilization of its by-products, and the distribution and sale of its produce. It has two subsidiaries: Liberty Property Corp., a real estate company, and Liberty Engineering Corp., which sells equipment and machinery.

At the local bourse on Wednesday, shares in LFM closed 15 centavos lower, or 0.59%, at P25.30 apiece. — Ashley Erika O. Jose

Two Filipino pizzerias hailed at Top 50 Pizza

THE CREW of Crosta (L-R): Ingga S. Cabangon Chua, Thomas Woudwyk, and Yuichi Ito — 50TOPPIZZA.IT

TOP 50 PIZZA, which ranks pizzerias around the world and in each region, places Filipino dining outlets Crosta and A Mano in its list again.

The two pizzerias have been consistently included in the list throughout the 2020s. For example, Makati’s Crosta was in the list last year at No. 12, moving down the list to No. 28 this year. A Mano, meanwhile, moved up to No. 49 from No. 70 last year, and its No. 96 debut in 2023.

In the Asia-Pacific regional list, Crosta enjoys the No. 5 spot (tied with Australia’s Shop225), while A Mano occupies No. 7 (tied with New Zealand’s Dante’s Pizzeria).

The website says about Crosta, “With few seats, pizza and high-quality products, and a selection of wines available by the glass, Crosta is a meeting of three very different sensibilities that creates a one-of-a-kind place.”

The pizza place is operated by Ingga S. Cabangon Chua and Thomas Woudwyk; the kitchen is helmed by Japanese chef Yuichi Ito.

“The doughs are of different styles and all of excellent quality. The toppings range from simple and traditional to more complex ones. A must-try is the round pizza with salami, truly balanced and well-made.”

About A Mano, the guide says, “In the menu you will find pasta, risotto, pizza and whatever your choice may be, you will find a selection of products that would make any Italian restaurant envious, in terms of quality. The style of the pizza is a mix between traditional Neapolitan and contemporary.”

A Mano is a venture by Amado Forés (son of late storied chef Margarita Forés*) through AF Hospitality.

Those two pizzerias are not the only ones that made an appearance on the site’s lists. Wildflour Italian made it to No. 42 and Cebu’s Minante Pizzeria got the No. 48 slot on the Asia-Pacific list.

Worldwide, I Masanielli — Francesco Martucci in Caserta, Italy, got the top spot. “A temple of the best of Italian gastronomic culture just a stone’s throw from the Royal Palace,” is how the 50 Top Pizza list described it.

View the complete list here: https://www.50toppizza.it/. Joseph L. Garcia

*https://www.bworldonline.com/arts-and-leisure/2025/07/17/685628/margaritas-son-takes-over/

Yuchengco-led MGI eyes more capacity from Batangas site

PETROENERGY.COM.PH

YUCHENGCO-LED Maibarara Geothermal, Inc. (MGI) is planning an expansion of its Batangas facility to boost geothermal capacity.

In a statement on Wednesday, MGI said it is preparing a deep exploration drilling program in 2026 to test an undrilled sector of the Maibarara field that could yield additional capacity.

MGI President Francisco G. Delfin, Jr. said the company has tapped New Zealand firms for technical support to address challenges in geothermal development and operations.

“MGI is grateful for the services rendered by New Zealand firms that were instrumental in MGI’s early success, from reserve estimation through laboratory services and cooling tower treatment; from downhole surveys through well work-overs, and digital mapping,” Mr. Delfin said.

MGI is a joint venture of PetroGreen Energy Corp. (65%), ACEN Corp. (25%), and PNOC Renewable Corp. (10%). It operates the 20-megawatt (MW) Maibarara-1 and 12-MW Maibarara-2 geothermal projects in Sto. Tomas, Batangas.

In February, the company acquired three lots from state-run Power Sector Assets and Liabilities Management Corp. for P473.17 million. The properties, with a combined area of 58,911 square meters, are located in San Rafael, Sto. Tomas, Batangas, and Calamba, Laguna. — Sheldeen Joy Talavera

Peso slides past P57 on higher jobless rate and weak FDI data

BW FILE PHOTO

THE PESO SLIPPED past the P57-a-dollar mark on Wednesday as traders reacted to weaker domestic economic data, including a higher unemployment rate and slower foreign direct investments (FDI).

It closed at P57.125 against the greenback, down 14.5 centavos from P56.98 on Tuesday, according to data from the Bankers Association of the Philippines website.

The peso opened weaker at P57.10, touched an intraday high of P57.05, and dropped to as low as P57.195 before settling at the close. Trading volume declined to $1.44 billion from $1.72 billion the previous day.

“The dollar-peso closed higher due to weaker unemployment data earlier this morning,” a trader said by telephone.

Latest figures from the Philippine Statistics Authority (PSA) showed the jobless rate climbed to 5.3% in July, the highest in three years. The number of unemployed Filipinos rose to 2.59 million from 2.38 million a year earlier and 1.95 million in June.

The increase matched the jobless rate recorded in August 2022 and was significantly higher than the 4.7% posted in July 2024 and the 3.7% in June 2025. Economists said the rise reflected the impact of successive typhoons and monsoon rains, which disrupted hiring during the period.

Weaker foreign investment inflows also dampened sentiment. Preliminary Bangko Sentral ng Pilipinas (BSP) data showed net FDI fell 17.8% to $376 million in June from a year earlier, the lowest since December 2024.

Michael L. Ricafort, chief economist at Rizal Commercial Banking Corp., said the weaker FDI data added pressure on the peso, noting that subdued investor appetite could affect near-term currency movements.

For Thursday, the trader expects the peso to trade at P56.90 to P57.30 a dollar, while Mr. Ricafort sees it moving within P57.05 to P57.25.

The dollar held steady on Wednesday ahead of US inflation data this week that could help shape the outlook for Federal Reserve policy, while a fraught geopolitical backdrop underpinned the likes of the Swiss franc.

Employment data in the last week has shown the US economy created far fewer jobs in the last year than expected, which has made a rate cut from the Fed next week look like a certainty.

Yet it has not dented confidence in the equity market, where stocks trade at record highs, nor has it had much immediate impact on the dollar itself, even as investors weigh the chances of a jumbo half-point cut from the Fed next week.

Israel’s attempted killing of Hamas leaders with an airstrike on Qatar on Tuesday, along with Poland shooting down drones that entered its airspace during a Russian attack in western Ukraine on Wednesday, are keeping investors nervous.

“The market has made up its mind, and probably quite rightly, that the Fed is going to be cutting interest rates,” said Jane Foley, head FX strategist at Rabobank. “But for one, there’s been quite a lot in the price in terms of between now and the end of next year.”

“On the other hand, playing in the same direction is the geopolitical uncertainty. There is the Poland news, there is the Qatar news. None of that is reassuring,” she added.

The euro was subdued against the dollar, but jumped as much as 0.5% against the Polish zloty to 4.268 zloty, its biggest one-day rise in three months.

In terms of Fed expectations, traders are fully pricing in a quarter-point cut next week, with a minor chance of a half-point cut. This week’s reports on wholesale inflation due on Wednesday, and consumer inflation on Thursday, could affect that outside prospect of a larger cut, analysts said.

“The bar for a 50-bp move is high, there would likely need to be a clear downside surprise in core inflation to give doves cover,” said Kieran Williams, head of Asia FX at InTouch Capital Markets.

“Given sticky service prices and the Fed’s preference for signaling gradualism, a jumbo cut next week looks unlikely, but the data will shape how aggressively the market prices the easing path into year-end.” — Aaron Michael C. Sy with Reuters

MPTC targets 2026 CALAX completion with new contractors on board

PHILSTAR FILE PHOTO

MPCALA Holdings, Inc., a unit of Metro Pacific Tollways Corp. (MPTC), has tapped CM Pancho Construction, Inc. (CMPCI) and listed builder EEI Corp. to complete remaining works for the Cavite-Laguna Expressway (CALAX).

In a statement on Wednesday, MPCALA said EEI will handle the P2.7-billion subsection 1 from Open Canal to Kawit, Cavite, while CMPCI will oversee subsection 2 covering Governor’s Drive to Open Canal.

Founded in 1962, CMPCI is engaged in property development and construction services.

MPCALA, the CALAX concessionaire, said the new contracts move the 45-kilometer, four-lane tollway closer to full completion.

CALAX will have eight interchanges and is expected to serve at least 95,000 motorists daily once fully operational.

The expressway is slated for completion in the first half of 2026.

MPTC is the tollway arm of Metro Pacific Investments Corp. (MPIC), one of three main Philippine units of Hong Kong-based First Pacific Co. Ltd., alongside Philex Mining Corp. and PLDT Inc.

Hastings Holdings, Inc., a unit of PLDT Beneficial Trust Fund subsidiary MediaQuest Holdings, Inc., holds a majority stake in BusinessWorld through the Philippine Star Group, which it controls. — Ashley Erika O. Jose

How to become a VIP guest at restaurants in 6 easy steps

By Kate Krader

A YEAR and a half ago, a reader posed a newsletter question to the food editor at Bloomberg Pursuits (me): Do restaurant servers hate diners?

To answer that thought-provoking query, I turned to Adam Reiner, a Bloomberg Pursuits contributor and James Beard-winning writer. He spent more than 20 years waiting tables in New York City, everywhere from theme restaurants in Times Square to Carbone, the Grill, and Babbo.

Now Reiner is publishing his first book, The New Rules of Dining Out: An Insider’s Guide to Enjoying Restaurants (LSU Press; Sept. 19; $30). It’s a de facto handbook for everyone who wants to have a better experience when they sit down at a restaurant, let alone someone who craves VIP treatment. Chapters have titles like, “How to Become a Regular” and “Tricks of the Trade, Power Moves and No-No’s.” (“Excessive spending isn’t the only reliable way of becoming a regular,” he wrote in his book. “Restaurant workers are accustomed to being treated like ‘the help’ so when guests make a genuine effort to get to know them, it can go a long way toward establishing a mutually beneficial relationship.”)

As scoring a prime-time restaurant reservation continues to be the ultimate power play in New York (and beyond), it’s a good time to familiarize yourself with these skills. And, Reiner points out in a recent interview, better dining interactions just might help improve the fragile restaurant ecosystem overall. “Everything felt by diners is felt by restaurants,” he says. Think high food prices and tipping frustrations. “It’s a good time for diners to say, ‘how can I be a better guest’ and make the experience better for everyone,” even if it means leaving your table a little earlier than you want to (see below).

So, do servers actually hate diners? “Generally speaking, I don’t think most servers ‘hate’ diners,” says Reiner. That said, “every restaurant also has a few regulars that a majority of the staff can’t stand,” he adds. “Sometimes you can hear the collective groan when these people walk through the door.”

Don’t be that guy. Here are six rules for being a VIP at restaurants.

• Don’t Glue Yourself to Your Phone

No one is telling you to put your phone in a locker, says Reiner (actually, some restaurants are). “But if you’re constantly engaged in checking your messages you’re missing a chance to connect.” Sure, take pictures — most diners want to get some social media capital from the restaurants they go to — and most places appreciate that. However, if your evening is devoted to a TikTok video, you’re not engaging your server. What’s more, he wrote, “servers are much more likely to ignore a distracted guest that they perceive as disinterested than one who gives their undivided attention.”

• Don’t Ask for General Recommendations

If you’re going to ask your server for suggestions, be specific about what you want and will or won’t eat. Unless you deeply care about your waiter’s favorite dish, frame the question around your own taste. For example, Reiner wrote, “you might say, ‘I’m in the mood for something lighter, and I don’t like anything with too much butter, would you recommend the striped bass or the halibut?’” Otherwise it’s almost always a waste of everyone’s time to know that your server likes the spaghetti with anchovies when you’re not eating carbs.

• Don’t Be a Table Hog

One of the benefits of being a VIP in a restaurant is that you don’t feel rushed out of the place. Still, restaurant economics get more challenging every day. Like it or not, unless you own the place, you’re only renting your table for a couple hours. “Mindful diners will always try to return their table within a reasonable amount of time,” Reiner wrote. “If you don’t want to leave, ask the staff if they can relocate you to the bar for after-dinner drinks.” And, the more you work with a place to accommodate them, the more likely they’ll be to let you linger at future meals.

• Don’t Forget the Busboys/Busgirls

“We can all agree that tipping sucks,” wrote Reiner. “But the system isn’t going away anytime soon, so we might as well make it work for us.” A restaurant’s bussers invariably spend more time monitoring a table than the servers do but never see tips directly from guests. “Slipping them a crisp $20 will help ensure that your water glasses remain full, your bread basket is replenished, and your table will always be cleared in a timely fashion,” he says.

• Don’t Storyboard Your Meal Before You Walk in the Door

If you plan your meal in advance, you might be depriving yourself of a chance to have a singular experience. “If you only stick to crowd favorites, you risk missing out on off-menu specials and seasonal dishes that might not be mentioned in online reviews,” says Reiner. “Taking the time to discuss the menu with your server also helps to build camaraderie. When you predetermine your order, you miss out on this key moment of connection.”

• Don’t Expect VIP Treatment at a Brand New Place

Wait a few weeks — even a few months — before going to a new restaurant. “Restaurants are like newborns,” wrote Reiner. “They need time to grow and mature. Sometimes they spit up on you.” It’s almost always easier to get a reservation after the hype has died down, and by then, there’s also more opportunity to connect with staff like the general managers, who can have a lot to do with your future experiences. — Bloomberg

PUV accident insurance rules updated

PHILIPPINE STAR/EDD GUMBAN

THE INSURANCE COMMISSION (IC) has revised the framework for passenger personal accident insurance covering public utility vehicles (PUV), introducing stricter rules on claims, fund adequacy and public disclosure.

In a circular dated Sept. 8, the regulator said the guidelines update and consolidate rules issued in 2020 under Circular Letter No. 2020-96A.

Under the framework, nonlife insurers are now required to adopt a standard passenger personal accident insurance policy form with an “all risk, no fault” provision to ensure uniform coverage and adequate protection for passengers.

Insurance pools — groups of insurance companies participating in the program — must also adhere to the premium rates set in Circular Letter No. 2018-59.

The IC also adjusted requirements for claim funds, which serve as reserves for payouts. While the minimum remains at P50 million, the regulator may now require higher amounts depending on a pool’s risk profile and coverage data.

The management company or the lead insurer in a pool will be responsible for monitoring fund levels.

If the fund falls below the prescribed threshold, all member insurers will be jointly and solidarily liable to replenish it within a period set by the commission.

The updated rules also set a stricter timeline for claims. Payments must be made within five working days from submission of requirements. Claims settled later without valid justification will be subject to a 12% annual interest rate, computed starting on the sixth working day until actual payment.

To improve accountability, management companies must submit quarterly reports detailing the number of claims received, the average processing time, delayed cases and reasons for delay and total disbursements.

The IC also ordered insurers and pools to boost public awareness. They must disseminate information about the benefits of accident insurance, claim procedures, contact details for assistance and details of the “all risk, no fault” provision to ensure passengers understand their entitlements.

The program was introduced to provide financial protection to passengers of PUVs in the event of accidents, with coverage financed through premiums included in fares. — Aaron Michael C. Sy

Theater actor, director, and playwright George de Jesus III, 54

GEORGE DE JESUS III, a stalwart in the Philippine theater scene where he worked as an actor, director, and playwright, died on Tuesday, Sept. 9. He was 54.

Mr. De Jesus’ passing was announced by his sister, Che de Jesus, on Tuesday morning in a Facebook post.

“It is with a heavy heart that we announce the passing of our beloved brother, George ‘Jon’ de Jesus III,” she said. “We appreciate your thoughts and prayers during this difficult time. We love you and we will miss you, kuya Jon.”

The Philippine Educational Theater Association (PETA), with whom Mr. De Jesus had worked extensively, extended its condolences.

“George generously shared his talent on the PETA stage, delivering memorable performances in productions like Haring Lear, Walang Himala, and Noli Fili Dekada Dos Mil. George was also part of the PETA Broadcast and Film, Inc’s Teleplay Writing Workshop,” it said in a Facebook post.

“His legacy in the Filipino theater community will live on through his work. Our thoughts are with his family and loved ones during this difficult time,” PETA added.

Tanghalang Pilipino, of which he was a member from 1994 to 2001, also paid tribute to Mr. De Jesus on their social media pages, acknowledging his impact on the theater community.

Lubos na nakikiramay ang Tanghalang Pilipino sa pagpanaw ng isang alagad ng sining (Tanghalang Pilipino expresses its deepest condolences on the passing of an artist),” it said in a Facebook post.

Mr. De Jesus performed in many of the company’s productions: Henrik Ibsen’s Hedda Gabler, Calderon de la Barca’s Las Tres Justicias En Una, Moliere’s The Miser and Les Fourberies de Scapin, Mikhail Bulgakov’s Flight, Luis Valdez’s The Shrunken Head of Pancho Villa, Michel de Ghelderode’s Pantaglieze, and Aristophanes’ Lysistrata, to name a few.

A writer, he won multiple Carlos Palanca Memorial Awards for Literature over the years. Some of his award-winning works include Linggo ng Palasapas, Unang Ulan ng Mayo, and Kapit (all one-act plays); Cell Phone (future fiction); Sala sa Pito and Maniacal (full-length plays); and Kung Paano Maghiwalay (screenplay).

His work Paglayang Minamahal was also awarded by the Centennial Literary Competition while his screenplay, Para Walang Unyon, won in the NCCA Teatro Bulawan Playwriting Competition.

Mr. De Jesus co-founded the Egg Theater Company in 2015 ahead of that year’s Fringe Manila festival. They went on to stage many contemporary theater pieces — original plays, translations, and adaptations. These include Martin McDonagh’s The Pillowman and Moliere’s The Learned Ladies and The Misanthrope.

He wrote, directed, and acted in countless productions for Stages Production Specialists, Inc., Virgin Labfest, and Dulaang UP.

His most recent appearance was in the one-act play Minating ni Mariah ang Manto ng Mommy ni Mama Mary, part of this year’s Virgin Labfest.

Mr. De Jesus’ wake takes place from Sept. 10 to 12 at the Solenne and Amore rooms of the Solennelle Funeral Chapels, Valenzuela City. The final service and interment will be on Sept. 13, 10 a.m., at Tierra Santa Memorial Park, also in Valenzuela City. — Brontë H. Lacsamana

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