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Why trust and consistency drive business longevity

Customer and employee trust – along with product consistency – helped Merced, a 53-year-old brand known for its signature “Beehive” pastry, maintain its spot in the food industry despite shifting trends and rising competition.

“We’ve built up this reservoir of good will in the community and we try to maintain that,” Merced Bakehouse president Max Gana said in an interview.

“It’s not just about the age of the brand,” he added. “It’s also how long we’ve been taking care of our production, our sales, and our team because that adds a level of continuity.”

Interview by Almira Martinez
Video editing by Arjale Queral

China’s Coast Guard warns Philippines to immediately cease ‘provocations’

PHILIPPINE COAST GUARD/HANDOUT VIA REUTERS

HONG KONG – China’s Coast Guard spokesperson Gan Yu warned the Philippines on Friday to immediately cease “provocations and hype”, saying that its vessels approached a Chinese Coast Guard ship “in an unprofessional and dangerous manner”.

The Chinese Coast Guard would carry out protection of rights and law enforcement in the waters of Second Thomas Shoal in accordance with the law, safeguarding national sovereignty and maritime rights and interests, its spokesman said.

The Philippine embassy in Beijing did not immediately respond to an emailed query about the incident. — Reuters

Nvidia CEO in Taipei to visit TSMC, says in talks with US over new China chip

The logo of technology company Nvidia is seen at its headquarters in Santa Clara, California February 11, 2015. — REUTERS/ROBERT GALBRAITH/FILE PHOTO

 – Nvidia CEO Jensen Huang arrived in Taipei on Friday to visit chip foundry partner TSMC, as the world’s most valuable company navigates rising friction between Washington and Beijing over access to its industry-leading AI chips.

“My main purpose coming here is to visit TSMC,” he told reporters, adding that he would only stay a few hours and leave after dinner with TSMC leaders, according to a live feed broadcast by local media at Taipei’s Songshan airport, where he landed in a private jet.

TSMC did not immediately respond to a request for comment.

U.S. President Donald Trump earlier this month opened the door to the possibility of more advanced Nvidia chips beyond the H20 being sold in China.

Reuters earlier this week reported that Nvidia was working on a new chip tentatively named the B30A based on its latest Blackwell architecture that will be more powerful than the H20 model.

Asked about the B30A, Mr. Huang said Nvidia was in talks with the U.S. over offering China a successor to its H20 chip, but that it was not the company’s decision to make.

“It’s up to, of course, the U.S. government, and we are in dialogue with them, but it is too soon to know.” he said.

Nvidia only received permission in July to recommence sales of the H20. It was developed specifically for China after export restrictions were put in place in 2023, but the company was abruptly ordered to stop sales in April.

Shortly after Washington’s greenlight, Nvidia placed orders for 300,000 H20 chips with TSMC to add to its existing inventory due to strong demand from Chinese companies, Reuters reported. But Nvidia was days later hit by allegations from China’s cyberspace regulator and state media that the U.S. company’s chips could pose security risks.

Chinese authorities later cautioned Chinese tech firms about purchasing the H20, raising concerns about potential information security risks. Nvidia says its chips have no backdoor risks.

Foxconn has been asked by Nvidia to stop work related to the H20 chip, Reuters reported on Friday citing two people briefed on the matter. A third source said that Nvidia wanted to first work through its existing H20 inventory.

Foxconn did not immediately respond to a request for comment.

Trade publication The Information reported on Thursday that Nvidia instructed Arizona-based Amkor Technology to stop production of its H20 chips this week and also notified South Korea’s Samsung Electronics, citing two people with direct knowledge of the communications.

Amkor handles advanced packaging for the chip, while Samsung Electronics supplies high-bandwidth memory chips for the model.

Neither company immediately responded to a Reuters request for comment.

“We constantly manage our supply chain to address market conditions,” Nvidia spokesperson said in a statement, adding, “As both governments recognise, the H20 is not a military product or for government infrastructure.”

Huang said that shipping the H20 to China was not a national security concern and that the ability to ship the H20 chips to China was “very much appreciated”.

Earlier this month, the Trump administration reached a deal with Nvidia and AMD under which the U.S. government would receive 15% of revenue from sales of some advanced chips in China. – Reuters

Putin’s demand to Ukraine: give up Donbas, no NATO and no Western troops, sources say

RUSSIAN PRESIDENT VLADIMIR PUTIN — KREMLIN.RU-COMMONS.WIKIMEDIA.ORG

 – Vladimir Putin is demanding that Ukraine give up all of the eastern Donbas region, renounce ambitions to join NATO, remain neutral and keep Western troops out of the country, three sources familiar with top-level Kremlin thinking told Reuters.

The Russian president met Donald Trump in Alaska on Friday for the first Russia-U.S. summit in more than four years and spent almost all of their three-hour closed meeting discussing what a compromise on Ukraine might look like, according to the sources who requested anonymity to discuss sensitive matters.

Speaking afterwards beside Mr. Trump, Mr. Putin said the meeting would hopefully open up the road to peace in Ukraine – but neither leader gave specifics about what they discussed.

In the most detailed Russian-based reporting to date on Putin’s offer at the summit, Reuters was able to outline the contours of what the Kremlin would like to see in a possible peace deal to end a war that has killed and injured hundreds of thousands of people.

In essence, the Russian sources said, Mr. Putin has compromised on territorial demands he laid out in June 2024, which required Kyiv to cede the entirety of the four provinces Moscow claims as part of Russia: Donetsk and Luhansk in eastern Ukraine – which make up the Donbas – plus Kherson and Zaporizhzhia in the south.

Kyiv rejected those terms as tantamount to surrender.

In his new proposal, the Russian president has stuck to his demand that Ukraine completely withdraw from the parts of the Donbas it still controls, according to the three sources. In return, though, Moscow would halt the current front lines in Zaporizhzhia and Kherson, they added.

Russia controls about 88% of the Donbas and 73% of Zaporizhzhia and Kherson, according to U.S. estimates and open-source data.

Moscow is also willing to hand over the small parts of the Kharkiv, Sumy, and Dnipropetrovsk regions of Ukraine it controls as part of a possible deal, the sources said.

Mr. Putin is sticking, too, to his previous demands that Ukraine give up its NATO ambitions and for a legally binding pledge from the U.S.-led military alliance that it will not expand further eastwards, as well as for limits on the Ukrainian army and an agreement that no Western troops will be deployed on the ground in Ukraine as part of a peacekeeping force, the sources said.

Yet the two sides remain far apart, more than three years after Mr. Putin ordered thousands of Russian troops into Ukraine in a full-scale invasion that followed the annexation of the Crimean peninsula in 2014 and prolonged fighting in the country’s east between Russian-backed separatists and Ukrainian troops.

Ukraine’s foreign ministry had no immediate comment on the proposals.

President Volodymyr Zelenskiy has repeatedly dismissed the idea of withdrawing from internationally recognised Ukrainian land as part of a deal, and has said the industrial Donbas region serves as a fortress holding back Russian advances deeper into Ukraine.

“If we’re talking about simply withdrawing from the east, we cannot do that,” he told reporters in comments released by Kyiv on Thursday. “It is a matter of our country’s survival, involving the strongest defensive lines.”

Joining NATO, meanwhile, is a strategic objective enshrined in the country’s constitution and one which Kyiv sees as its most reliable security guarantee. Mr. Zelenskiy said it was not up to Russia to decide on the alliance’s membership.

The White House and NATO didn’t immediately respond to requests for comment on the Russian proposals.

Political scientist Samuel Charap, chair in Russia and Eurasia Policy at RAND, a U.S.-based global policy think-tank, said any requirement for Ukraine to withdraw from the Donbas remained a non-starter for Kyiv, both politically and strategically.

“Openness to ‘peace’ on terms categorically unacceptable to the other side could be more of a performance for Trump than a sign of a true willingness to compromise,” he added. “The only way to test that proposition is to begin a serious process at the working level to hash out those details.”

 

TRUMP: PUTIN WANTS TO SEE IT ENDED

Russian forces currently control a fifth of Ukraine, an area about the size of the American state of Ohio, according to U.S. estimates and open-source maps.

The three sources close to the Kremlin said the summit in the Alaskan city of Anchorage had ushered in the best chance for peace since the war began because there had been specific discussions about Russia’s terms and Putin had shown a willingness to give ground.

“Putin is ready for peace – for compromise. That is the message that was conveyed to Trump,” one of the people said.

The sources cautioned that it was unclear to Moscow whether Ukraine would be prepared to cede the remains of the Donbas, and that if it did not then the war would continue. Also unclear was whether or not the United States would give any recognition to Russian-held Ukrainian territory, they added.

A fourth source said that though economic issues were secondary for Putin, he understood the economic vulnerability of Russia and the scale of the effort needed to go far further into Ukraine.

Mr. Trump has said he wants to end the “bloodbath” of the war and be remembered as a “peacemaker president”. He said on Monday he had begun arranging a meeting between the Russian and Ukrainian leaders, to be followed by a trilateral summit with the U.S. president.

“I believe Vladimir Putin wants to see it ended,”Mr. Trump said beside Mr. Zelenskiy in the Oval office. “I feel confident we are going to get it solved.”

Russian Foreign Minister Sergei Lavrov said on Thursday that Putin was prepared to meet Mr. Zelenskiy but that all issues had to be worked through first and there was a question about Mr. Zelenskiy’s authority to sign a peace deal.

Mr. Putin has repeatedly raised doubts about Mr. Zelenskiy’s legitimacy as his term in office was due to expire in May 2024 but the war means no new presidential election has yet been held. Kyiv says Mr. Zelenskiy remains the legitimate president.

The leaders of Britain, France and Germany have said they are sceptical that Mr. Putin wants to end the war.

 

SECURITY GUARANTEES FOR UKRAINE

Mr. Trump’s special envoy Steve Witkoff was instrumental in paving the way for the summit, and the latest drive for peace, according to two of the Russian sources.

Mr. Witkoff met Mr. Putin in the Kremlin on August 6 with Kremlin aide Yuri Ushakov. At the meeting, Mr. Putin conveyed clearly to Witkoff that he was ready to compromise and set out the contours of what he could accept for peace, according to two Russian sources.

If Russia and Ukraine could reach an agreement, then there are various options for a formal deal – including a possible three-way Russia-Ukraine-U.S. deal that is recognised by the U.N. Security Council, one of the sources said.

Another option is to go back to the failed 2022 Istanbul agreements, where Russia and Ukraine discussed Ukraine’s permanent neutrality in return for security guarantees from the five permanent members of the U.N. Security Council: Britain, China, France, Russia and the United States, the sources added.

“There are two choices: war or peace, and if there is no peace, then there is more war,” one of the people said. – Reuters

Trump to tap Airbnb co-founder Gebbia to improve government websites, sources say

US DEPARTMENT OF STATE/FLICKR

U.S. President Donald Trump will appoint Airbnb co-founder Joe Gebbia to spearhead the new National Design Studio that will seek to make digital services at federal agencies more efficient, two officials familiar with the plan said.

Mr. Trump signed an executive order on Thursday to create the studio – a new body that one of the officials said appears to be a stripped-down successor to the controversial Department of Government Efficiency (DOGE), formerly headed by billionaire Elon Musk.

Mr. Gebbia, who has led efforts to revamp the federal retirement process at the federal human resources agency, will be named Chief Design Officer, the official said, adding that tackling problems at the Internal Revenue Service would be a focus.

The sources were not authorised to speak on the matter and declined to be identified.

The White House did not respond to a request for comment on whether the National Design Studio is aimed at replacing DOGE. Mr. Gebbia did not respond to a request for comment on the appointment.

DOGE sought to slash federal payrolls, shutter agencies and modernize government software, but public action from the agency has dwindled dramatically since Mr. Musk, once a key Trump advisor, left the government in May amid an acrimonious spat with the president.

According to Mr. Trump’s executive order, the National Design Studio will improve the “usability and aesthetics” of federal digital services.

The studio will advise agencies on how to reduce duplicative design costs and use standardized design on sites where people interact with the government.

The order also said that the studio will close in three years. It will be run by an administrator who will report to White House Chief of Staff Susie Wiles. It was not immediately clear who would fill that position. – Reuters

Tropical Depression Isang developed, made landfall over Aurora

Tropical Depression "Isang" | Source: PAGASA

The low-pressure area (LPA) being monitored by the state weather bureau has developed into Tropical Depression Isang and made landfall over Casiguran, Aurora.  

Isang, the ninth tropical cyclone this year, was located in the vicinity of Casiguran, Aurora, moving westward at a speed of 15 km/hr, according to the 11:00 am tropical cyclone bulletin of the Philippine Atmospheric, Geophysical, and Astronomical Services Administration (PAGASA).  

Tropical Depression Isang has maximum sustained winds of 55 km/hr and gustiness of up to 90 km/hr.  

Tropical cyclone wind signal no. 1 is in effect in several areas in Luzon, including the provinces of Batanes, Cagayan, Isabela, Quirino, Nueva Vizcaya, Apayao, Kalinga, Abra, Mountain Province, Ifugao, Benguet, Ilocos Norte, Ilocos Sur, La Union, and Pangasinan.  

It is also raised over the northern portions and central portions of Aurora (Casiguran, Dinalungan, Dilasag, Baler, Maria Aurora, Dipaculao, San Luis) and the northern portion of Nueva Ecija (Lupao, Carranglan, Pantabangan, San Jose City). 

Under TCWS No. 1, wind speeds of 39 to 61km/hr are expected with a minimal to minor threat to life and property.  

PAGASA said that small seacrafts along the seaboards of Batanes and Cagayan are advised not to venture out due to rough sea conditions. 

Tropical Depression Isang is still expected to move generally westward, traversing Northern Luzon in the next 12 hours, then eventually exiting the Philippine Area of Responsibility on Saturday morning or afternoon. – Edg Adrian A. Eva

Shopee rolls out accelerator program for Filipino MSMEs

Shopee, one of the country’s leading e-commerce platforms, launched a new accelerator program on Wednesday aimed at helping Filipino micro, small, and medium enterprises (MSMEs) grow in online business.  

The initiative, dubbed Shopee Tatak Pinoy: Sibol Accelerator Program (SAP), is a structured six-month training program where 20 selected high-potential Filipino sellers will gain access to personalized mentorship and Shopee experts to support their business growth. 

“The launch of the Shopee Tatak Pinoy Sibol Accelerator is part of our commitment to helping promising Filipino sellers take the next step—whether that’s growing faster, scaling smarter, or building a lasting presence online,” Vincent Lee, Head of Shopee Philippines, said in a statement.  

SAP follows the momentum of the 2025 Shopee Tatak Pinoy MSME Roadshow, marking the next phase of the e-commerce platform’s continued investment in Filipino entrepreneurs. 

“As we mark Shopee’s 10 years in the Philippines, this is just one of the ways we’re investing in long-term, inclusive growth,” Mr. Lee said.  

MSMEs will begin their training in a bootcamp setting in the last quarter of the year, where they will learn key competencies to better navigate online business. 

DOST eyes 10 additional campuses of Philippine Science High School

An additional ten campuses are being considered to add to the current sixteen of the Philippine Science High School System (PSHSS) to accommodate more students passing its entrance exam, according to the Department of Science and Technology (DOST). 

DOST Secretary Renato U. Solidum Jr. made the remark, citing the report of the Second Congressional Commission on Education (EDCOM 2), about the over 5,800 qualified students who were unable to enter PSHSS due to limited slots.  

“We need to look into which regions and how many passers there are, so we will concentrate on those. Ang initial idea ay ten pang campuses (The initial idea is ten more campuses),” Mr. Solidum told reporters during a DOST event on Monday.  

Getting into the country’s premier science high school, PSHSS under DOST, or popularly known as “Pisay”, is getting tougher for students every year. 

Of the 31,636 students who qualified to take the National Competitive Examination of DOST-Philippine High School System (DOST-PSHSS) last November, only 1,860 slots were available, according to PSHSS.  

PSHS system campuses accommodate only 90 to 120 students each year, except for the main campus in Metro Manila, which admits up to 240. 

Mr. Solidum said the Expanded PSHS System Act, ratified by both houses in June and now awaiting the President’s signature, will make PSHSS campus expansion now possible. 

PSHSS welcomed the progress of the law, saying it will help strengthen the institution’s capacity to accommodate more students. 

“The DOST–PSHS System and its stakeholders eagerly await the bill’s final approval, as it promises to bring more inclusive and accessible STEM (Science, Technology, Engineering, and Mathematics) education to Filipino youth across the country,” PSHSS said in a statement.  

Under Senate Bill No. 2974, authored and sponsored by Senator Juan Miguel “Migz” F. Zubiri, the measure will allow up to two campuses per region, excluding Metro Manila but including the newly established Negros Island Region. 

The law will also consolidate existing and future campuses under a single governance structure to ensure consistent quality standards. Edg Adrian A. Eva

Coconut milk-based ice cream developed in Bicol as alternative to dairy

STOCK PHOTO | Image by pixagrum from Pixabay

A coconut milk-based ice cream is being developed by the Philippine Coconut Authority (PCA)–Albay Research Center, which may be a healthier alternative to conventional dairy milk. 

Although coconut-flavored ice creams are already available in the market, PCA’s version is innovative for using coconut milk as a fat alternative and incorporating parts of the coconut as a stabilizer to prevent crystal formation, resulting in a velvety and creamy texture.  

“So we replace that fat used in dairy with something healthier. What makes coconut milk a healthier fat source is its unique fat composition,” Evan Titus Paul L. Labrador, senior science research specialist at the food product development division, told reporters on Thursday during a site visit to the PCA-Albay Research Center. 

“So meron siyang (So it has) lauric acid at medium-chain triglycerides (MCTs),” Mr. Labrador added, noting that these fat components found in coconut can be easily absorbed by the body. 

He also noted that research is still underway to assess its nutritional value, but using coconut milk as the main ingredient already shows promise due to its inherent health benefits. 

The ice cream is not vegan since coconut makes up 20% of the ingredients, but the goal is to offer a healthier alternative while still retaining the well-loved texture of traditional ice cream. This is also a way to utilize coconut, which is abundant in the Bicol region. 

PCA’s coconut milk-based ice cream is funded by the Department of Science and Technology–Technology Application and Promotion Institute (DOST-TAPI). The agency is also assisting PCA with its commercialization. 

Work is underway for the ice cream to be adopted by a well-known Bicol ice cream-making company, famous for its ‘sili’ (chili) ice cream. 

Apart from coconut milk-based ice cream, the PCA is also developing other food and personal care products that incorporate coconut components, such as canned sardines with virgin coconut oil, coconut pulp-based flour, and coconut-based skin care items.Edg Adrian A. Eva

Café K: Where mindful choices meet delicious flavors

Café K, which focuses on providing a conscious and informed dining experience, is the latest venture from the group behind the popular Kinetix gym brands.

This newly opened restaurant offers conscious dining that connects with the sophistication of a refined setting and the joy of great flavors.

It’s encouraging to see that more people are placing a greater emphasis on self-care these days. Individuals take into priority their overall well-being. A significant number of people turn to strength and conditioning training to manage their weight and stay healthy. And just as important, however, is maintaining a balanced diet to complement an active lifestyle. According to an article on Medical News Today, adult females typically need around 1,600 to 2,400 calories daily, while adult males generally require between 2,200 and 3,000 calories but it still depends on factors such as age, size, height, lifestyle, overall health, and activity level. Sufficient calories are needed for the body to maintain energy and function properly. Imagine a restaurant where the calorie count of each meal is calculated immediately as it’s ordered and diners can also create their own bowl of food according to the protein, base, sides, and sauce they want.

Located on the ground floor of M1 Tower in Salcedo Village, Makati, Café K is the latest venture from the group behind the popular Kinetix gym brands — Kinetix Lab, Kinetix+, and Kinetix Kids , a group that values strength training, recovery, and nutrition equally. This newly opened restaurant focuses on providing a conscious and informed dining experience. The kitchen is led by Executive Chef Carlos Lanzona, Kitchen Manager and Registered Dietitian Dan Pambid, and Registered Dietitian Meg Arzadon. The concept began as a pop-up at Kinetix+, where the team tested whether gym members would embrace their food and beverage offerings until it resulted in pre-ordered kcal counted meals delivered to Kinetix Lab clients and now a stand-alone establishment. The restaurant offers a sophisticated café experience that’s approachable and welcoming, setting it apart from the standard calorie-counted meals typically found on food delivery platforms. For Kitchen Manager and Dietitian Dan, it’s important that people have an idea on how much they should eat. “We want to be part of the movement of conscious dining. We’re more than willing to explain to people what goes into their food and which ingredients or components would affect them hitting or not getting their macros in for the day,” he explains. Executive Chef Carlos is proud to share that they use locally sourced ingredients and fresh produce for the meals prepared in Café K. “We want to bring it back to basics and not focus too much on building a menu around fancy and expensive ingredients. We want to be part of the community and give back to it at the same time. The peanut butter we use is made by a co-worker’s mom and the vegetables are brought down from Tagaytay and Baguio by one of our chefs, Jerome,” Chef Carlos shares.

How can customers view the macros they consume at Café K? Guests are invited to select from an array of proteins, including chicken, pork, beef, eggplant & tofu, and tuna. Following that, they can choose their preferred base, whether it’s a rice & quinoa blend, cajun beans & rice, adlai, or mixed greens. Next, they can pick a minimum of two options from the menu’s selection of sides, and finally, they will choose their sauce. Orders will be entered into an app that calculates the total calories, along with a detailed breakdown of fat, protein, and carbohydrates that’s in the guest’s meal. Guests seeking to reduce the calories in their order can easily consult with the dietitians available in the café. There are also meals ready for guests to order if they don’t want to create their own bowl and every dish has their macros also listed down.

For fitness enthusiasts monitoring their daily food intake, those starting a wellness journey, or food lovers who value taste and transparency in dining, Café K presents a unique experience and a new standard of conscious eating in Metro Manila. This restaurant demonstrates that healthy eating can be both delicious and inviting; each meticulously prepared dish offers exceptional flavor along with full nutritional clarity with every bite counts — literally.

Café K is on their soft opening and for more information and updates, follow Café K on Instagram and Facebook.

Café K:

Ground Floor, M1 Tower, H.V. Dela Costa, Salcedo Village, Makati City

Soft Opening Hours:

  • Mon to Thurs: 8:00 a.m. – 6:00 p.m.
  • Friday: 8:00 a.m. – 9:00 p.m.
  • Saturday: 8:00 a.m. – 6:00 p.m.

For table reservations, message 0995-413-5107

 


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2026 Puregold CinePanalo offers biggest grants ever: P5M for full-length, P200K for student short films

It’s all systems go for Puregold CinePanalo 2026, which is offering hefty production grants — the largest ever in Philippine film festival history — to this year’s participants, both professional and student filmmakers.

With P5 million to be awarded to seven full-length film directors and P200,000 to 20 student filmmakers, Ivy Hayagan-Piedad, Puregold CinePanalo chair and Puregold senior marketing manager, explains how raising the grants supports the festival’s vision. “CinePanalo is our launchpad for the new breed of Philippine cinema,” she says. “By providing more funds, we may now challenge our filmmakers to break every boundary of narrative, style, and genre.”

Ms. Hayagan-Piedad further points out: “All narrative and genre restrictions are being lifted. Craft and excellence will be the new focal point of the festival. Puregold CinePanalo is thus encouraging participants to explore a wider range of stories and styles for their entries — from cerebral thrillers to whimsical young romances to more complex stories with intricate plot turns.”

Indeed, Puregold CinePanalo is on the lookout for the very best that local cinema has to offer with the freedom and funding to tell stories that will captivate the public.

“The door is open for all types of films at this year’s Puregold CinePanalo!” Ms. Hayagan-Piedad enthusiastically says. “Let us all demonstrate the full breadth of the local film industry.”

To join the 2026 Puregold CinePanalo festival, applicants must accomplish the online application form, which will require submission of the following:

Signed terms and conditions 

Synopsis in Filipino or English 

Logline in Filipino or English 

Completed screenplay 

Resume of the director with accessible links to sample works 

Two recent photos of the director 

Director of photography 

List of producers 

Assistant director

The application form for the full-length category can be accessed at https://tinyurl.com/PCPFFFullApp. Meanwhile, student short applicants can apply at https://tinyurl.com/PCPFFShortsApp. The full mechanics for the competition are embedded in both online forms.

The full-length film category is open to all professional and amateur filmmakers aged 18 years old and up. Applications for the full-length category must be submitted before 11:59 p.m. on Sept. 10, 2025.

A short list of 30 selected applicants will be announced on Oct. 1, 2025, all of whom must submit an initial pitch deck by Oct. 8.

On Oct. 15, 15 applicants will be selected to make their pitch to the festival organizers from Oct. 22 to 23. The final seven recipients of the production grants will be revealed on Oct. 25, 2025.

Meanwhile, applications for the student short film category will close by 11:59 p.m. on Nov. 25, 2025.

Applicants must be at least 15 years of age and must be enrolled students at the time of the festival run in August 2026. Applicants will be required to submit a certificate of enrollment for SY 2025-2026. The final line up of selected student filmmakers will be announced on Feb. 1, 2026.

The final produced films in both categories will screen as part of the 2026 Puregold CinePanalo Film Festival on Aug. 7-18, 2026 at the Gateway Cineplex 18. They will follow in the footsteps of critically acclaimed and award-winning films from the festival’s previous runs such as Under a Piaya Moon, Salum, and more.

For further inquiries, potential applicants may email thesecretariat@cinepanalo.com or message its official Facebook page @puregoldcinepanalo.

 


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Infrastructure spending rebounds in June

A FLOOD CONTROL project is being undertaken in Marikina City. — PHILIPPINE STAR/WALTER BOLLOZOS

STATE SPENDING on infrastructure bounced back in June, as disbursements for public works projects resumed after the election ban was lifted in early May, the Department of Budget and Management (DBM) said.

In its latest disbursement report on Thursday, the DBM reported that expenditure on infrastructure and other capital outlays increased by 6.5% to P148.8 billion in June from P139.7 billion in the same month last year.

Month on month, it increased by 20.2% from P123.8 billion.

This came after the month of May saw an annual 9.2% decline.

“This was largely attributed to the recovery of DPWH’s (Department of Public Works and Highways) spending performance following a two-month decline in April and May amid the election ban,” it said.

The Commission on Elections’ 45-day ban on public works spending started on March 28 and ended with the May 12 elections.

In June, the DPWH resumed payments for mobilization fees as well as made progress payments for newly awarded projects. It also settled outstanding obligations from previous years.

However, the DBM noted the pace of infrastructure spending was tempered by base effects from substantial releases for the Department of National Defense’s Revised Armed Forces of the Philippines Modernization Program in June last year.

The Philippines has been ramping up its military capacity under the $35-billion military modernization program since 2012 in response to rising tensions in the South China Sea.

The DBM said big-ticket releases for infrastructure are expected in the second half of the year.

Budget Secretary Amenah F. Pangandaman earlier explained that disbursements are expected to pick up toward the latter part of May to June after the 45-day election ban is lifted.

Rizal Commercial Banking Corp. Chief Economist Michael L. Ricafort said that increased infrastructure spending is crucial for economic growth.

“(This will translate to) more inclusive economic growth and development, as better infrastructure boosts the economy’s productivity, as well as help attract more foreign tourists and more foreign investments/locators,” Mr. Ricafort said in a Viber message on Thursday.

For the first half of 2025, overall infrastructure and capital outlays disbursements inched up by 1.4% to P620.2 billion from P611.8 billion in the same period last year.

This was 0.1% or P800 million below the P621-billion program for the first semester.

“Although infrastructure expenditures posted a notable 20.8% (P45-billion) annual growth in first quarter this year, it contracted by 9.3% (P36.6 billion) in second quarter amid the election-related prohibition on public spending covering the entire month of April up to the first two weeks of May,” the DBM said.

Meanwhile, overall infrastructure disbursements, which include infrastructure components of subsidy or equity to government corporations and transfers to local government units, were flat at P720.3 billion in the January-to-June period from P720.5 billion a year ago.

It also exceeded the overall infrastructure spending program of P718-billion for the first half by 0.3%.

The DBM said growth in infrastructure transfers to local government units, particularly their development fund equivalent to 20% of the National Tax Allotment, was offset by lower National Government-implemented infrastructure activities and reduced subsidies to state agencies like the National Irrigation Administration (NIA).

Subsidies provided to state-run firms stood at P7.45 billion in June, 26.68% down from P10.16 billion a year earlier.

Budgetary support to the NIA plunged by 68.21% in June to P2.39 billion from P7.52 billion in the same period in 2024.

“Nevertheless, the total infrastructure spending for the first semester was registered at 5.3% of GDP (gross domestic product), in line with the 5.3% full-year target for this year,” it added.

Based on the 2026 Budget of Expenditures and Sources, the government set its full-year infrastructure spending program at P1.51 trillion, equivalent to 5.3% of the GDP.

In the following months, the DBM said line agencies are expected to ramp up requests for release of allotments for their programs, activities, and projects in the second semester as implementation activities normalize post-election ban.

“These may also include unutilized cash allocations from the second quarter that line agencies can still request this second semester so they can process payments and make disbursements to suppliers or contractors for completed and delivered goods or rendered services,” it said.

Among the anticipated spending drivers for the succeeding months are progress billings from multiple finished or partially completed road and transport infrastructure projects and releases for defense modernization program.

“Increased infrastructure spending at around 5%-6% of GDP for the coming years, as also seen in recent years, would still lead to sustained growth in infrastructure spending,” Mr. Ricafort said. — Aubrey Rose A. Inosante