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PHL slips in investor relations, debt transparency rankings

THE PHILIPPINES has slipped in rankings for investor relations (IR) and debt transparency compiled by the Institute of International Finance (IIF).

In its 2025 Investor Relations and Debt Transparency Report, the Philippines, which scored 49.3 out of 50 was displaced by Indonesia for first place, with a score of 49.4.

“The Philippines ranked among the top five countries with the highest IR scores in 2023, 2024 and 2025,” the IIF said.

Other top performers were Brazil (49.0), Türkiye (48.4), and Hungary (47.2). The global average was 36.1, up from 34.1 in 2024.

Last year, the Philippines scored 48.8 and topped the IR rankings.

The IIF annually reviews emerging-market borrowers for adherence to best practices.

In addition, the IIF said the Philippines met 91% of all IR assessment criteria.

The Philippines also lost its place as first in debt transparency to Türkiye (12.8) and Indonesia (12.4.). Its score of 12.3 out of 13 was tied by Brazil and Chile.

The Philippines took top spot in terms of ESG Data and Policy Dissemination Scores, a subset of the headline IR country score, which assesses sovereign borrowers’ ESG data and policy dissemination practices.

“The highest ESG Data and Policy Dissemination Scores in 2025 were attained by the Philippines, Türkiye, Hungary, Uruguay, and Chile, all achieving a score of 4, followed closely by Indonesia, Egypt, Uzbekistan and the Dominican Republic (3.9 each),” it said. 

According to the IIF, the Philippines should improve disclosure of available data on non-resident holdings of private debt issued domestically.

The IIF’s evaluation of ESG data and policy dissemination practices considers the availability of ESG data, including information on the environmental and social dimensions of budgetary and fiscal policies from a forward-looking perspective, as well as ESG debt issuances and supporting documents. — Aubrey Rose A. Inosante

SBCorp. approves P4.22 million in loans for female entrepreneurs

THE Department of Trade and Industry (DTI) said the Small Business Corp.’s (SBCorp.) Women’s Enterprise Fund (WEF) approved P4.22 million worth of loans for 24 women-owned businesses.

“This demand demonstrates that women entrepreneurs are poised for growth. They just need access to the right tools,” Trade Secretary Ma. Cristina A. Roque said.

“We encourage more women-led enterprises to take advantage of this dedicated facility. The government is here to provide not just financing, but a fast and focused support system to help them thrive,” she added.

The first approvals will be followed by initial loan disbursements to 10 pioneering women-led enterprises.

The ten enterprises are Appleseed Montessori, Inc., Soyuz Foods International, Inc., Tejeron Burgatory Coal Grilled Burger Station, Essiense Pharmacy, and Stimula Productions, Inc., which will receive P1 million each.

Also being funded are Aqua Freight Cargo Services (P850,000), Wix Manila Personal and Home Care Products Trading (P800,000), Maxi Food Hub (P750,000), Ciavinmar Enterprises (P300,000), and Jonnah JE Trucking Services (P300,000).

An initial disbursement of P8 million is also planned for SBCorp.’s RISE UP Program.

“The majority of the initial borrowers are from the trade and services sector, including retail enterprises like sari-sari stores, garment sellers, and pharmacies, as well as restaurants, cafes, and beauty salons,” DTI said.

Launched on June 27, the P1-billion WEF is establishing a “fast lane” for women-led enterprises across SBCorp.’s major financing programs.

WEF, which offers loans of up to P20 million, is also integrated into SBCorp.’s franchising loan facility, purchase order financing, and business expansion financing programs.

WEF “aims to bolster the growth of women-led micro, small, and medium enterprises nationwide by providing greater access to capital,” the DTI said. — Justine Irish D. Tabile

Proposal reviving ‘Cha-cha’ talks in the works, congressman says

PHILIPPINE STAR /KJ ROSALES

By Kenneth Christiane L. Basilio, Reporter

A PROPOSAL seeking to amend the economic provisions of the 1987 Constitution is being crafted at the House of Representatives, a congressman said on Thursday, which could revive yet again a contentious effort in changing the 38-year-old charter.

Party-list Rep. Alfredo A. Garbin, Jr. said he is drafting a House resolution that could kick-start discussions on economic Charter change, referred to as Cha-cha. He did not share details about its content and timeline.

“I’m still working on the draft,” he told BusinessWorld in a Viber message in Filipino.

Philippine lawmakers last year launched efforts to ease foreign ownership limits in sectors like public utilities, education and advertising, but the push stalled after senators and congressmen failed to agree on how to collectively deliberate the proposed amendments.

The Constitution caps foreign ownership in key industries to 40%, requiring the remaining 60% to be held by Filipinos.

The House has pushed hard to ease the economic provisions of the Constitution in the first half of President Ferdinand R. Marcos, Jr.’s term, as it passed a bill to form a constitutional convention in 2023, and a year later, a resolution that urged lawmakers to discuss proposed amendments jointly.

There was also a separate push to initiate Charter change through a signature drive, but it fizzled following allegations that several congressmen were behind the campaign.

Constitutional amendments have long been a divisive issue in the Philippines, with nearly every administration since the 1980s attempting to revise parts of the charter.

Proposals have ranged from former President Gloria Macapagal-Arroyo’s push to replace the bicameral Congress with a unicameral legislature, to ex-President Rodrigo R. Duterte’s call for a shift to federalism during his term.

A LONG SHOT
The Marcos administration would unlikely back a move to amend the economic provisions of the Constitution, Arjan P. Aguirre, who teaches political science at the Ateneo de Manila University, said in a Viber message. “Any attempt to change the Constitution after the midterm elections is a long shot move.”

He said Mr. Marcos has entered his “lame-duck” period of his six-year term, which could potentially limit his political appetite for sweeping reforms.

Lawmakers should instead pursue measures strengthening the country’s political institutions while curbing corruption to entice foreign investors into the Philippines instead of another Charter change push, said Mr. Aguirre.

“I hope the government will consider investing in social capital — strengthening education through bills that improve our system, expanding healthcare access for more people, and supporting labor with a legislated salary increase,” he added.

On the other hand, the shift may also embolden the President to pursue Charter change, as he seeks to cement his legacy in the second half of his presidency, Ederson DT. Tapia, a public administration professor at the University of Makati, said via Facebook chat.

Still, there are possible “deterrents” to pursuing Charter change, he said, pointing to a “trust deficit” surrounding the government’s intentions in seeking constitutional amendments. “The ghost of political self-interest haunts any Charter change drive.”

“Proposals must be surgical and limited strictly to economic provisions: ownership caps, education, mass media,” said Mr. Tapia. “Anything more opens the door to political noise and resistance.”

Meanwhile, Leyte Rep. Ferdinand Martin G. Romualdez urged the incoming 20th Congress to pass more bills and pursue meaningful reforms, citing the “productive” performance of the previous congressional session.

He challenged incoming lawmakers during a fellowship dinner at the Presidential Palace on Tuesday to craft measures that are responsive to the needs and concerns of their constituents, according to a statement from his office released on Thursday.

“We wound up the 19th Congress as a very, very productive one,” he said. “But I’m not going to leave it there.”

“I think the 20th Congress may just live up to be the better one — with you there,” he added, referring to neophyte congressmen.

Mr. Romualdez, the President’s cousin, served as House Speaker for the entirety of the 19th Congress, and is expected to retain the post once Congress convenes again in late July, with a majority of lawmakers having expressed support for his continued leadership.

During the 19th Congress, the House filed 11,557 bills and 2,393 resolutions, passing a total of 1,565 measures, according to his statement. Of these, 287 were enacted into law.

DMW continues search for 17 missing Filipinos after Houthi attack

THE DEPARTMENT of Migrant Workers (DMW) on Thursday said that it is continuing search operations for the 17 Filipino seafarers, who went missing following a Houthi attack on their vessel last Monday.

“The 17 are still being searched, and among the 17 would be the reported casualties that we still have to confirm. There’s an ongoing search operation, and we are still hoping that they are alive,” Secretary Hans Leo J. Cacdac said in a statement.

He added that six, including five of the 22-member MV Eternity C were and an Indian armed guard, have already been rescued after Houthi rebels attacked and sank the ship last Monday.

He said that Houthi rebels in small boats attacked the ship with missiles and rocket propelled grenades.

The rescued crew members are now safe in an undisclosed location, where they will be given basic needs, administered medical exams, and adequate rest.

“Rest assured, once there will be an opportunity to get in touch with them, we will of course do all we can to provide the necessary assistance and starting with the medical and physical and mental health assistance that we can provide to them,” he told reporters in a palace briefing.

There are three reported fatalities, according to information from the UK Maritime Trade Operations, which the DMW has yet to confirm.

“At the moment, we have information about three fatalities through the UK Maritime Trade Operations (UKMTO) but, again, these too are subject to confirmation so it is important that we speak to the five crew members but of course we will give them some space,” he said.

He added that the license manning agencies (LMA) and the ship’s principal has been suspended, pending an investigation after violating the DMW’s protocols.

“Our initial investigation reveals that (the protocols) were all not observed, and not only that, it traversed the Red Sea twice,” Mr. Cacdac said. “If you trace its route from Egypt to Somalia, that’s one turn or one crossing across the Red Sea, and then back to Jeddah, so a second one.”

The attack also coincided with a separate attack on the Liberian-flagged vessel MV Magic Seas, which came under assault by Houthis. The 17 Filipinos and two other crew members have already been rescued and are expected to be repatriated on Friday.

“The first one was on Sunday when the MV Magic Seas was attacked and the seventeen crew members of the MV Magic Seas are safe and they are slated to come home tomorrow, July 11,” Mr. Cacdac said.

Meanwhile, the agency also released Advisory no. 21, calling all ship owners with Filipino crew members to avoid “high risk and war like areas.”

“All LMAs and their accredited foreign principals must reroute or divert their vessels manned by Filipino crew to avoid designated warlike and high-risk zones, particularly the Red Sea and the Gulf of Aden,” the agency said.

The DMW added that LMAs and principals must honor the right of Filipino seafarers to refuse sailing in the high-risk areas.

“Immediate and safe repatriation must be arranged for those invoking this right,” the advisory said.

The notice also strictly prohibits Filipinos from deploying in previously attacked ships, traversing on high-risk zones, and had been targeted by Houthi rebels. — Adrian H. Halili

Palace names new Energy, Communications chiefs

DEPARTMENT OF ENERGY — PHILIPINE STAR/IRRA LISING

By Sheldeen Joy Talavera, Reporter

PHILIPPINE PRESIDENT Ferdinand R. Marcos, Jr., appointed former lawmaker Sharon S. Garin as his energy chief and veteran journalist Dave Gomez as his new communications secretary, the Palace confirmed on Thursday.

“We are pleased to announce that President Marcos has appointed Mr. Dave Gomez as Secretary of the Presidential Communications Office, and Atty. Sharon S. Garin as Secretary of the Department of Energy (DoE),” said Palace Press Officer Clarissa A. Castro in a news briefing.

Ms. Garin has been serving as energy officer-in-charge since June 16.

“Secretary Garin is a lawyer and certified public accountant, with extensive public service experience, having served as a multi-term Iloilo representative and DoE undersecretary with a strong background in energy policy and legislation to advance accessible, reliable and sustainable energy for our people,” Ms. Castro said.

Her appointment is expected to continue the momentum of her predecessors given her experience as an undersecretary.

“Given the threat of high oil prices, an insider is in the best position to lead the country in weathering the turbulent situation,” Philippine Solar and Storage Energy Alliance Chairman Ma. Theresa Cruz-Capellan told BusinessWorld.

“Her three years stint gave her deep knowledge about the industry, close working relationship with stakeholders, and political capital with the legislature,” she added.

For the upstream oil and gas industry, the appointment of an Energy chief is crucial amid the Philippines’ pursuit for greater indigenous energy independence.

“Newly appointed DoE Secretary Sharon Garin will build on the previous administration’s momentum, accelerating energy projects and upstream oil and gas development,” Philippine Petroleum Association Edgar Benedict C. Cutiongco said. 

Ms. Garin is a certified public account with a strong background in public service, legislation, and energy policy.

She was appointed as a DoE undersecretary in 2022, where she led key leadership portfolio as chairperson of the Nuclear Energy Program Coordinating Committee, Financial and Legal Services and served as the department’s legislative liaison.

Prior to this, she served in the House of Representative from 2010 to 2022 under AAMBIS-Owa Partylist.

She replaces Raphael P.M. Lotilla as the Energy secretary after he was tapped to lead the Department of Environment and Natural Resources.

“I think the appointment of Secretary Garin eases any anxiety that the changes in DoE leadership will cause unnecessary disruption,” said Energy Regulatory Commission Chairperson and Chief Executive Officer Monalisa C. Dimalanta. “She is already very familiar with the sectors and the issues, I trust she already has her priorities in line.”

Ms. Dimalanta said that the new Energy chief can count on ERC working in step with the department as they have done over the last three years.

Energy consumer advocacy group Power for People Coalition (P4P) is hoping for the DoE secretary to prioritize issues on “high price of electricity, the lack of accountability of power companies for their billing practices, and the transition to renewable energy.”

“We will remain, as always, vigilant in protecting the interests of energy consumers. It is our wish that the DoE would do the same,” P4P Convenor Gerry C. Arances said in a statement.

5TH PCO SECRETARY
Meanwhile, Mr. Gomez will replace former broadcaster Jaybee C. Ruiz, who was appointed in February this year.

Mr. Gomez was a senior reporter for The Philippine STAR, director general of the Philippine Information Agency, and a communications director for PMFTC, Inc the Philippine affiliate of Philip Morris International.

“We look forward to their leadership as we strengthen government communications and secure our country’s energy needs,” said Ms. Castro. He is Mr. Marcos’ fifth Presidential Communications Office (PCO) secretary.

Mr. Ruiz will be a member of the Board of Directors of the Manila Economic and Cultural Office, which serves as the Philippines’ representative office in Taiwan.

In a statement, he thanked the President for his trust despite the short stint. “My almost five months as PCO Secretary have been a profound learning experience,” he added. — with Chloe Mari A. Hufana

Senator seeks stricter regulation of deepfakes

REUTERS

By Adrian H. Halili, Reporter

A PHILIPPINE Senator on Thursday pushed for stricter regulation of artificial intelligence (AI)-generated or deepfake videos, which are being used for fraudulent money-making schemes on social media.

“Those who do this to cheat others must be punished appropriately. Let’s put an end to this practice because most of the victims are our countrymen who have worked hard to earn their money,” Senator Paolo Benigno “Bam” Aquino IV said in a statement.

Deepfakes are a form of media that uses AI and machine learning techniques to superimpose faces to an existing image or video. It has grown in popularity in recent years, often used for illicit activities.
Of all countries in the Asia-Pacific region, the Philippines experienced the biggest jump in deepfakes at 46 times, according to a report by identify verification platform Sumsub.

In March, the Department of Information and Communications Technology said that it will release guidelines that would regulate deep fakes from deceiving more people.

Mr. Aquino said that he is planning to file a bill outlawing the use of an individual’s image and likeness in deepfakes intended to deceive or defraud people.

He said that the proposed measure would prevent the spread of scams using AI-generated videos.

This followed the circulation of an AI-generated video that featured a popular female news anchor reporting on the senator’s alleged endorsement of a “national platform for inclusive financial growth.”

Mr. Aquino called on local authorities to investigate a video of him allegedly enticing Filipinos to invest in a money-making scheme on social media.

“I call on our authorities to investigate and find out those behind this AI video and hold them accountable for their actions,” he added. 

“There is no truth to the AI video circulating where I endorse a program where our countrymen can earn big in exchange for investment,” Mr. Aquino added.

The video claims that potential investors may earn up to P175,000 per week from an initial investment of just P15,000.

SERIOUS RISK
Ronald B. Gustilo, national campaigner for Digital Pinoys, said that deepfakes pose serious risks to public safety, privacy, and democratic integrity, especially when used for scams, misinformation, or character assassination.

“A comprehensive anti-deepfake law must include key components such as Clear Definitions, wherein the bill should define what constitutes malicious use of deepfakes and AI-generated content, distinguishing parody, satire, and artistic use from harmful applications such as scams, identity theft, or election disinformation,” Mr. Gustilo said in a Viber message.

He added that AI-generated content must be properly labeled with visible and audible markers.

A proposed measure regulating deepfakes must also consider declaring the use of someone’s image, voice, or likeness to create manipulated content without their explicit consent, illegal.

Mr. Gustilo said that social media companies and content-hosting platforms should be compelled to detect, take down, and report malicious deepfakes “in a timely manner.”

“Deepfakes are already being used in online scams where victims are duped into sending money or sensitive information because they believe they are talking to a loved one, a boss, or a government official. This bill is a crucial step in shielding the public from these emerging AI-driven fraud tactics,” he added.

Earlier, Senator Pia S. Cayetano filed a bill that seeks to regulate the development and use of AI-related content.

“This bill seeks to strike a careful balance between encouraging technological innovation and ensuring that AI systems remain safe, ethical, transparent, and under meaningful human oversight,” Ms. Cayetano said in the explanatory note of a bill filed in the Senate last week.

The proposed measure penalizes persons that intentionally use AI to commit fraud, facilitate or conceal crimes, or cause harm with a fine between P2 million to P10 million, or imprisonment of six to 12 years, or both.

It also imposes fines between P1 million to P5 million, or imprisonment of three to 10 years, or both for people who use AI to create disinformation, mass opinion manipulation, or conduct surveillance activities without legal authority.

1M voter registrants expected

PHILSTAR FILE PHOTO

THE COMMISSION on Elections (Comelec) on Thursday said it is expecting around a million registrants for the upcoming village and youth council polls as it opens registration from Aug. 1 to 10.

“For the eleven days, our estimate is already at one million,” Chairman George Erwin M. Garcia told reporters in Filipino, according to a voice recording from his office.

“It’s better if we stick to that target since we are conducting registration across the entire Philippines.”

The poll body expects that many Filipinos who were unable to vote in the previous election will take the opportunity to reactivate or renew their registration. It is also banking on the interest of younger Filipinos who were left out in the last polls to register for the first time.

“This is their chance to register, vote, and participate in the upcoming village and youth council elections,” he added.

The upcoming polls are scheduled for Dec. 1, but a bill pending President Ferdinand R. Marcos, Jr.’s signature seeks to move this to November 2026.

The Philippines concluded its midterm elections last May 12 as Filipinos elected Senators, members of the House of Representatives, and thousands of local officials. — Chloe Mari A. Hufana

DoTr launches online license renewal

PHILIPPINE STAR/MIGUEL DE GUZMAN

THE DEPARTMENT of Transportation (DoTr) is further shifting to digital by integrating the driver’s license renewal system into the eGov app of the Department of Information and Communications Technology (DICT).

“It is now available starting today. It is a big thing, [we have been] directed to make the processes more accessible and easier,” Transportation Secretary Vivencio B. Dizon said on Thursday.

The launch of the online driver’s license system will not only allow easier and seamless access but would also prevent fixers by allowing motorists to renew licenses without being physically present at the Land Transportation Office (LTO), Mr. Dizon said.

The renewal process can now be accomplished completely online, including the medical examination and payment, the Transportation department said.

The eGov app developed by the DICT is the government’s one-stop shop allowing access to public services digitally. By integrating the renewal system in the eGov app, motorists can take their mandatory medical exams like eye and hearing tests, virtually.

Renewed licenses can be picked up at the LTO branch or can be delivered to the applicant’s preferred delivery address within 72 hours, the Transportation department said.

“This is just the start of our initiatives to make transacting with the government easier and more convenient. Our next is online renewal of MV (motor vehicle) registration. Later on even new license registrations,” Mr. Dizon said. — Ashley Erika O. Jose

FDA sets up office in BARMM

COTABATO CITY — The Food and Drug Administration (FDA) and the Bangsamoro Health Ministry forged a memorandum of agreement (MoA) to set up an FDA service facility in the region.

The FDA, which is under the Department of Health (DoH), facilitates the regulation of drugs, health products, food supplements, processed chemicals for agricultural and household use.

Its functions and powers are not devolved to the regional government of the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM).

The MoA was signed by Paolo S. Teston, director-general of FDA, BARMM Health Minister Kadil M. Sinolinding, Jr. and the chief of their legal and legislative office, the Jeihan Jein M. Gulo, during a symbolic rite on Thursday morning at the Bangsamoro regional capitol in Cotabato City.

Health Undersecretary Abdullah B. Dumama, Jr. from the DoH central office, Christian Lei M. Saquilabon, DoH assistant secretary representing the department’s regulation facility development cluster, and Abdulhalik M. Kasim, regional assistant secretary in the Ministry of Health-BARMM, stood as witnesses to the crafting of the MoA.

Mr. Sinolinding, Mr. Dumama, a former regional director of DoH-12, and Mr. Teston separately told reporters that the setting up of an FDA office in BARMM will benefit the region’s Muslim, Christian and non-Moro indigenous communities.

“Potential clients do not have to go to the office of the FDA in Metro Manila anymore for their transactions,” Mr. Sinolinding said.

BARMM covers the provinces of Maguindanao del Norte, Maguindanao del Sur, Lanao del Norte, Basilan and Tawi-Tawi and the cities of Lamitan, Marawi and Cotabato, where its regional government operations center is located.

Mr. Dumama said the setting up of an FDA office in BARMM will boost the health programs of the Bangsamoro government, whose chief minister, Abdulrauf A. Macacua, is also a figurehead of the region’s 80-seat regional parliament. — John Felix M. Unson

Probe into unpaid hospital claims sought

STOCK PHOTO | Image by Silas Camargo Silão from Pixabay

A RESOLUTION seeking a congressional probe into the millions worth of alleged unpaid claims to private hospitals by the government was filed at the House of Representatives on Thursday.

In a statement, Party-list Rep. Leila M. de Lima said she filed House Resolution No. 46 after reports that private hospitals in Batangas have stopped accepting guarantee letters under a state-run medical assistance program for indigent patients due to alleged unsettled payments.

“This has been a perennial issue that should urgently be addressed once and for all,” she said in a statement. “It burdens patients and their families with additional fear if they could get assistance from the government in medical expenses.”

The government should provide “clear mechanisms” that would allow private hospitals to quickly settle inexpensive medical procedures to ease their financial burden, she said.

“These unpaid debts affect hospitals’ financial stability and operating expenses, including salaries for healthcare professionals and staff,” said Ms. De Lima. “This is alarming because it impacts their operations and services.” — Kenneth Christiane L. Basilio

TNT, San Miguel brace for tough Game 1 of Philippine Cup finals

TNT VS SAN MIGUEL — PBA.PH

Game on Sunday
(Smart Araneta Coliseum)
7:30 p.m. – TNT vs San Miguel (Finals Game 1)

San Miguel Beermen (SMB) is out to re-establish its old kingdom while TNT is bent on finally joining the elite PBA grand slam club.

With this as a major driving force, the Beermen and the Tropang 5G get set for an incendiary dispute for the coveted crown in the Season 49-ending Philippine Cup beginning on Sunday.

“First thing, we’re not up here just to stop their (TNT’s grand slam) quest but we’re here to win another championship,” SMB coach Leo Austria said after earning the right to face reigning Governors’ Cup and Commissioner’s Cup king TNT with a 100-93 Game 7 win over Barangay Ginebra.

Mr. Austria, who returned to the San Miguel helm in the Commissioner’s Cup after yielding the floor to Jorge Gallent, said they want to preserve their winning tradition in the league’s centerpiece tournament.

With him at the helm, the Beermen posted a historic All-Filipino five-peat in the 2014-15 season through 2019 then annexed a sixth title in 2022. The squad fell short in last season’s Philippine Cup finale versus Meralco, but under Mr. Gallent.

“In our last six (Philippine Cup) championships, we never lost in the championship (series). And I think that’s the legacy we want to keep and it’s enough motivation for us because we’re up against TNT,” he said.

“TNT is playing well since the first conference and they won in the last two conferences so they’re well motivated. That’s why we have to work really hard to match their energy and determination,” he added.

The Tropang 5G advanced to the finals last Sunday, thanks to their 97-89 Game 6 closeout of Rain or Shine, and had the luxury of extra days of rest and prep time.

Coach Chot Reyes and his entire team watched the broadcast of the SMB-Ginebra semis rubbermatch together during a meeting with PLDT Chairman Manny V. Pangilinan and team governor and PBA Chairman Ricky Vargas.

The TNT franchise had previously come close to achieving a treble in the 2010-11 season. It won the All-Filipino and annexed the Commissioner’s Cup but was denied the Governors’ Cup jewel by San Miguel (then known as Petron).

Now this is the chance for Mr. Reyes and Company to get the triple-crown business done.

Notes: As LA Tenorio strolled out of the Big Dome following Barangay Ginebra’ painful ouster, there’s a cloud of uncertainty hanging over him. “Honestly, I don’t know what’s going happen to me for the next few weeks, few months,” he shared with mediamen. Asked whether he’s considering retirement, the seasoned playmaker who turned 41 that day replied: “We’ll see. You will hear it from me definitely in the next few weeks, if this is really my last game.” Mr. Tenorio saw action for only two minutes Game 7 after turning back the hands of time in an 11-point barrage capped by the game-winning triple that lifted Ginebra to an 88-87 win that forced the 3-3 deadlock in the race-to-four. — Olmin Leyba

IM Concio dominates first Bangkok summer international chessfest

MICHAEL CONCIO, JR. — FACEBOOK.COM/BANGKOKCHESSCLUB

FILIPINO International Master (IM) Michael Concio, Jr. swept all his nine games to run away with the premier standard title in the 1st Bangkok Summer International Chess Open in Thailand on Wednesday.

The 19-year-old from Dasmariñas, Cavite playing like a juggernaut in beating all his nine foes including two Grandmasters in countryman Daniel Quizon in the fourth round and Indian Sayantan Das in the seventh.

Mr. Concio’s other wins came at the expense of Hong Kong’s Paul Aston Nguyen, the Philippines’ Davin Sean Romualdez, Myanmar’s Nay Lin Tun, Babu Nithin, the United States’ Alan Morris-Suzuki and Latvia’s Arsens Batashevs.

So dominant was Mr. Concio that he finished two points ahead of India’s Babu Nithin and Das, who wound up second and third, respectively.

Mr. Quizon finished fourth with 6.5 points after edging Russian FIDE Master Alexander Chernyavsky on tiebreaks.

Mr. Concio’s magnificence completed the country’s sweep of the inaugural staging of the weeklong meet after Mr. Quizon reigned supreme in the rapid and blitz sections several days before. — Joey Villar

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