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Google hires top talent from startup Character.AI, signs licensing deal

REUTERS

STARTUP Character.AI has signed an agreement with Alphabet’s Google that grants the search engine giant a nonexclusive license to the chatbot maker’s large language model technology.

The deal, echoing ones struck by Microsoft and Amazon in the past few months, will see Character.AI co-founders Noam Shazeer and Daniel De Freitas rejoin Google, where they were formerly employees.

Those other deals are being scrutinized by regulators, reflecting a growing concern in both the US and Europe about how artificial intelligence (AI) deals are put together by tech giants who are funneling billions into bolstering their AI infrastructure and hiring the best researchers from startups.

Character.AI will get more funding as part of the deal with Google, the startup said in a blog, without disclosing the amount. Dominic Perella, Character.AI’s general counsel, will become its interim chief executive officer effective immediately.

“We’re particularly thrilled to welcome back Noam, a preeminent researcher in machine learning, who is joining Google DeepMind’s research team, along with a small number of his colleagues,” a Google spokesperson said in an e-mail.

In March, Microsoft paid $650 million to bring on the cofounders and dozens of staff from AI startup Inflection. In June, Amazon hired several cofounders and employees from Adept, another AI startup.

Character.AI earlier raised $193 million in venture capital from investors including Andreessen Horowitz. It was in talks to raise hundreds of millions of dollars from Google, Reuters reported in November.

Inflection and Adept raised $1.3 billion and $415 million, respectively.

Law firm Sullivan & Cromwell advised Character.AI on the deal. — Reuters

Ancient Egypt’s ‘screaming’ mummy woman may have died in agony

FRONTIERSIN.ORG

IT IS a startling image from ancient Egypt — a mummy discovered during a 1935 archaeological expedition at Deir el-Bahari near Luxor of a woman with her mouth wide open in what looks like an anguished shriek.

Scientists now have an explanation for the “Screaming Woman” mummy after using CT scans to perform a “virtual dissection.” It turns out she may have died in agony and experienced a rare form of muscular stiffening, called a cadaveric spasm, that occurs at the moment of death.

The examination indicated that the woman was about 48 years old when she died, had lived with mild arthritis of the spine and had lost some teeth, said Cairo University radiology professor Sahar Saleem, who led the study published on Friday in the journal Frontiers in Medicine.

Her body was well-preserved, being embalmed roughly 3,500 years ago during ancient Egypt’s glittering New Kingdom period using costly imported ingredients such as juniper oil and frankincense resin, Saleem added.

The ancient Egyptians viewed preservation of the body after death as crucial to secure a worthy existence in the afterlife. It was customary during the mummification process to remove the internal organs, aside from the heart, but this had not occurred with this woman.

“In ancient Egypt, the embalmers took care of the dead body so it would look beautiful for the afterlife. That’s why they were keen to close the mouth of the dead by tying the jaw to the head to prevent the normal postmortem jaw drop,” Saleem said.

But the quality of the embalmment ingredients “ruled out that the mummification process had been careless and that the embalmers had simply neglected to close her mouth. In fact, they mummified her well and gave her expensive funerary apparels — two expensive rings made of gold and silver and a long haired-wig made from fibers from the date palm,” Saleem added.

“This opened the way to other explanations of the widely opened mouth — that the woman died screaming from agony or pain and that the muscles of the face contracted to preserve this appearance at the time of death due to cadaveric spasm,” Saleem said. “The true history or circumstances of the death of this woman are unknown, hence the cause of her screaming facial appearance cannot be established with certainty.”

Cadaveric spasm, a poorly understood condition, occurs after severe physical or emotional suffering, with the contracted muscles becoming rigid immediately following death, Saleem said.

“Unlike postmortem rigor mortis, cadaveric spasm affects only one group of muscles, not the entire body,” Saleem added.

Asked whether the woman may have been embalmed while alive, Saleem added, “I don’t believe that this is possible.”

Saleem was unable to determine how the woman died, saying, “We frequently cannot determine the cause of death in a mummy unless there is CT evidence of fatal trauma.” Saleem cited evidence of a fatal head injury, slit neck, and heart disease in three royal mummies.

The “Screaming Woman” was found at the site of the ancient city of Thebes during excavation of the tomb of a high-ranking official named Senmut, the architect, overseer of royal works, and reputed lover of queen Hatshepsut, who reigned from 1479-1458 BC.

The mummy was inside a wooden coffin in a burial chamber beneath Senmut’s family tomb. Her identity has not been determined but her jewelry — the gold and silver rings with images of scarab beetles, a symbol of resurrection, made of the gemstone jasper — showed her socioeconomic status.

“She was likely a close family member to be buried and share the family’s eternal resting place,” Saleem said.

The study revealed details of her wig. Its spiral braids were treated with the minerals quartz, magnetite, and albite to harden them and provide the black color indicative of youth. Her natural hair had been dyed with henna and juniper oil.

A number of ancient mummies, in Egypt and the Americas, have been found with facial expressions resembling a scream — eerily similar to Norwegian painter Edvard Munch’s The Scream.

“I use this painting in my public lectures about the screaming mummies,” Saleem said. — Reuters

Transfer the sinking capital

PHILIPPINE STAR/ MIGUEL DE GUZMAN

Greenpeace studies in various regions in the ASEAN have indicated that Metro Manila is sinking by no less than 10 centimeters per annum. By simple calculation, this means that by 2050, or in 26 years, the National Capital Region (NCR) will be 2.6 meters below the level it is at now! Rapid urbanization and the extraction of underground water are reported to be the main causes. This is exacerbated by rising sea levels.

Outgoing Indonesian President Joko Widodo has boldly begun to hold office in Nusantara, South Kalimantan (Borneo Island) which he has designated as Indonesia’s new capital precisely because of similar concerns. Jakarta is like New York-DC, and LA in which business, government, and entertainment are all centered in one place. Metro Manila is the same. Traffic in Jakarta is unbelievably worse than in Metro Manila, if that is at all possible. And the quality of air is worse than in Metro Manila.

Today, with the destructive reclamation of Roxas Boulevard, floods are making the capital city unlivable. The destruction is not only to the physical infrastructure. Worse, it has ruined one of the most beautiful things about our National Capital Region — the awesome view of the sunset on Manila Bay. Driving along Roxas Boulevard back then was always a pleasant experience.  Now it is actually depressing! Especially when you see the disastrous reclamation of that fake dolomite beach. Environment and Natural Resources Secretary Maria Antonia “Toni” Yulo-Loyzaga has finally stopped further reclamations on Roxas Boulevard because she reveals that the extra land area slows down the exit of flood waters. So, now we discover this, after the trauma of Typhoon Carina!

Meanwhile — probably because our legislators and Cabinet officials live in the area — budget priorities continue to focus on dealing with the major symptom of overpopulation in the NCR: traffic.

So now billions are being invested in building a subway (and even a long bridge from Cavite to Bataan) — in a place that will be under water in 25 years!

Almost 30 years ago, when he was running for president, Lito “Promdi” Osmeña said that the capital should move to Clark.  If we had taken this seriously, we should have accomplished this by now. If Clark is found to be a good idea, since it already has an international airport, and nearby Subic has first class seaports, infrastructure investments to make it easier to travel to Clark from the current NCR should facilitate and expedite the transfer.

Other areas considered less prone to typhoons and other calamities are Palawan and Davao.

Then there is Dumaguete, a lovely city in Negros Oriental. It has preserved its four-lane seaside boulevard all the way from the provincial capital to Carlos City whence a ferry crosses to Toledo City in Cebu. It is a pleasant four-hour drive along the seawall. It is right in the center of the country. However, this university town might lose its precious gracefulness if it becomes the national capital.

Cebu City can continue to be a business hub, like New York.  But it is already too crowded to take in National Government and entertainment. Metro Cebu City already has 80% of the province’s population. But perhaps with the transfer of the provincial capital to western Cebu (in Balamban), there will be more breathing space in Cebu City which is in the east. The transfer is also expected to improve the economy of western Cebu where there is a lot of poverty.

Government and private land developers continue to invest in the NCR, making it more and more attractive to businesses and people who leave their provincial homes for better-paying jobs there. It is time for Government and these developers to consider the not-so-distant future. Are they putting more and more money to waste?

Negros Island is in the middle of our archipelago. Can we relocate the government center there?  Joko Widodo has chosen Nusantara as the new capital of Indonesia because, he says, it is central to their archipelago. The incoming president (in October) Prabowo Subianto Djojohadikusumo — who was endorsed by Widodo and whose vice-president is the son of Widodo — is likely to proceed with the ongoing transfer of the Indonesian capital.

If President Ferdinand Marcos, Jr. takes a look at Greenpeace’s and other studies on the sinking of Manila, he might, like Widodo, make some bold decisions while he is in power for four more years.  To ignore these studies can be truly disastrous for our country and our people.

 

Teresa S. Abesamis is a former professor at the Asian Institute of Management and fellow of the Development Academy of the Philippines.

tsabesamis0114@yahoo.com

PBB posts higher profit in the first six months

PHILIPPINE BUSINESS BANK, Inc.’s (PBB) net earnings climbed by 18.7% in the first semester, it said on Tuesday.

PBB’s net income grew to P1.032 billion in the first half from P869.2 million a year prior, it said in a disclosure to the stock exchange.

This translated to an annualized return on assets of 1.34% and a return on equity of 11.19%.

Its financial statement was unavailable as of press time.

“PBB performed well in the first half of 2024, generating a net income of P1 billion. This highlights the strength of PBB’s business model and underscores its effective recovery and growth strategies following the challenging pandemic years and the ongoing uncertainty in the economic conditions. PBB reached this milestone faster in 2024 than in previous years. In 2023, it took PBB nine months to reach P1.1 billion in net income, and eleven months in 2022,” PBB Chief Operating Officer Cynthia A. Almirez was quoted as saying.

“In the next six months, the bank is committed to sustaining our positive income momentum by continuing to enhance our product offerings and provide innovative solutions tailored to meet the evolving needs of its clients. The bank is looking forward to working together with our clients, shareholders, and employees in building stronger business communities,” Ms. Almirez added.

PBB noted that its profit before tax went up by 18.8% to P1.38 billion from P1.16 billion.

The bank’s interest income rose by 17.2% year on year to P5.18 billion in the first six months.

Core income stood at P1.71 billion, up by 21.4% from P1.38 billion in the same period last year, the lender added.

PBB’s loans and other receivables rose by 14.3% year on year to P118.7 billion at end-June.

On the funding side, deposit liabilities grew by 12.5% to P126.4 billion in the period.

The bank’s total resources expanded by 12.6% to P154.4 billion at end-June.

Total equity was at P18.4 billion in the period.

PBB’s capital adequacy ratio stood at 12.66% at end-June, while its minimum liquidity ratio was at 20.80%.

The bank has a total of 158 branches nationwide.

Its shares ended unchanged at P8.80 apiece on Tuesday. — AMCS

Philippine Merchandise Trade Performance (June 2024)

THE PHILIPPINES’ trade-in-goods deficit ballooned to $4.3 billion in June as imports and exports contracted, the Philippine Statistics Authority (PSA) said on Tuesday. Read the full story.

Philippine Merchandise Trade Performance (June 2024)

AI chip startup Groq valued at $2.8B after latest funding round

FREEPIK

SEMICONDUCTOR startup Groq on Monday said it had raised $640 million in a Series D funding round led by Cisco Investments, Samsung Catalyst Fund and BlackRock Private Equity Partners, among others, bringing its valuation to $2.8 billion.

The Silicon Valley firm, founded by a former Alphabet engineer, specializes in producing artificial intelligence (AI) inference chips — a type of semiconductor that optimizes speed and executes commands of pre-trained models.

Besides big companies such as Advanced Micro Devices, many startups including Groq have been trying to nibble away at Nvidia’s dominant position in the booming AI chip industry.

Last year, Groq adapted Meta Platforms’ large language model LLaMA, to be able to run on its own chips rather than those of Nvidia’s. Meta researchers built LLaMA using Nvidia’s chips.

Cloud service providers racing to develop their own AI products are also seeking alternatives to Nvidia’s top-of-the-line processors due to high demand but limited supply.

In 2021, Groq was valued at $1.1 billion after funding from Tiger Global Management and D1 Capital.

“Groq will use the funding to scale the capacity of its tokens-as-a-service (TaaS) offering and add new models and features to the GroqCloud,” the company said.

Groq will deploy more than 108,000 Language Processing Units manufactured by Global Foundries by the end of the first quarter of 2025.

Groq has also announced the appointment of Stuart Pann, a former senior executive at Intel and HP, Inc., as its chief operating officer, while Meta’s chief AI scientist Yann LeCun was named its newest technical adviser. — Reuters

Filmmaker David Lynch clarifies he will not retire despite illness

X.COM/DAVID_LYNCH

LOS ANGELES — Twin Peaks creator David Lynch said on Monday he is filled with happiness and will never retire despite an emphysema diagnosis, clarifying comments he made earlier to magazine Sight and Sound that he would most likely have to stop working.

The 78-year-old American filmmaker posted on social media platform X that he appreciated everyone that has voiced concern over his health condition, noting that his past as a smoker caused his emphysema, a lung disease with no known cure.

“Yes, I have emphysema from my many years of smoking. I have to say that I enjoyed smoking very much, and I do love tobacco — the smell of it, lighting cigarettes on fire, smoking them,” he wrote, gaining 1.3 million likes.

“But there is a price to pay for this enjoyment, and the price for me is emphysema. I have now quit smoking for over two years. Recently I had many tests and the good news is that I am in excellent shape except for emphysema,” he added.

He also said in the interview for the Sight and Sound’s September cover story that he was no longer able to leave his home, as he was afraid of contracting COVID-19, which would threaten his health even further.

“I’ve gotten emphysema from smoking for so long, and so I’m homebound whether I like it or not … And now, because of COVID, it would be very bad for me to get sick, even with a cold,” Mr. Lynch told the British magazine.

The Eraserhead and The Elephant Man filmmaker also mentioned he could only walk a short distance before he ran out of oxygen.

A representative for Mr. Lynch did not respond to a request for comment.

For Mr. Lynch, it is unlikely that he will ever direct in-person again, but he mentioned the possibility of directing remotely.

“I would really hate that,” he added, admitting that directing virtually would not be desirable for the Oscar-nominated director. — Reuters

China’s abandoned building sites are killing oil demand

RESIDENTIAL BUILDINGS developed by Evergrande in Pingyuan New Area, Yuanyang. — WINDMEMORIES - EN.WIKIPEDIA.ORG

TO GET AN IDEA of why the oil industry keeps failing to see the demand lift from China that it’s been waiting for all year, consider this: The area of buildings that broke ground in the six months through June was the lowest since 2009.

That remarkable slowdown is a problem for the cement industry, as we’ve written. But it is also reverberating through the oil market in ways that are still not appreciated, because China’s building sector is one of the world’s biggest consumers of diesel fuel, also known as gasoil. Emissions from all the trucks, excavators, and site generators that have operated at headlong rates in recent years will fall as they stand increasingly idle. That’s good news for the climate, but bad news for anyone who was counting on China’s thirst for crude remaining as unslakeable in the future as it was during the 2010s.

China’s millions of diesel engines consume just under 4% of the world’s oil. As a result, they account for a bit more than 1% of the world’s carbon dioxide emissions, a similar climate footprint to France and Scandinavia put together. On measure after measure, however, this industry looks to be in trouble.

Gasoil demand in June fell 11% from a year earlier, and in Shandong the teapot refineries — a group of privately owned processing plants that focus on turning crude into diesel — are operating at barely half of their capacity. Barring blips in 2020 and 2022, when draconian COVID-19 lockdowns brought the national economy to a juddering halt, that’s the worst performance in nearly a decade.

Diesel’s great advantage over other petroleum products is that it has such a diverse array of uses. The noise, complexity, and dirt of its engines mean that it’s rare to see it in passenger cars or motorbikes.* But it’s much more efficient than gasoline, in both financial and climate terms, at converting chemical energy into work — so it’s preferred by anyone with an eye on the bottom line.

In measure after measure, however, the vehicles and engines that consume it are struggling. With construction activity and the coal production boom of 2021 and 2022 easing, first-half production of excavators last year fell to its lowest level since 2017. (This year it’s up marginally, but still below any other of the past seven years.) The power capacity of engines as a whole, sweeping in all uses of diesel as well as gasoline and marine fuel oil, is similarly running at rates last seen in the middle of the previous decade.

The full picture may be even worse than you’d realize just from counting vehicles and engines. That’s because natural gas and batteries are cutting deep into gasoil’s traditional dominance of heavy-duty drivetrains. As recently as 2021, all but a handful of the semi-trailer vehicles manufactured to haul big truck loads were powered by diesel. So far this year, its share is barely holding above 50%, as electric and gas drivetrains take market share. The total number of diesel semi-cabs produced through June was the lowest first-half total since 2015.

The energy think-tank run by PetroChina Co. reckons that between 10% and 12% of China’s gasoline and diesel demand has already been replaced by natural gas and battery vehicles. S&P Global Commodity Insights recently quoted a PetroChina official arguing that the country’s gasoil consumption peaked last year, and will fall by 5% in 2024.

Even more bullish analysts see a troubled future. Bloomberg Intelligence’s Henik Fung and Chia Chen see diesel consumption growing until 2027 but slumping thereafter as the energy transition wipes out more than half of China’s oil demand by 2050, to the point where the country may become almost self-sufficient in crude.

Even as China’s leadership struggles to make the long-promised shift from a carbon-intensive, investment-heavy growth model toward one that focuses on less polluting consumption activities — such as finding the best place to shop for milk tea and stinky tofu — investors are failing to grasp the implications of what’s happening.

The demand weakness out of Asia that’s confounded oil markets over the past year isn’t a mysterious but temporary hiccup. Instead, it’s the sign of an economic model that has run its course, and will have compounding effects as the construction downturn ripples through all the industries that once fed its epic growth rates.

For all the forecasts of ongoing demand from the oil industry, crude production last year was still about a million barrels a day below its peak level in 2018. Expect more of the same. China accounted for about half of the world’s increase in oil consumption so far this century, and a similarly outsized share of the world’s emissions. With its engine now sputtering, the world needs to take notice.

BLOOMBERG OPINION

*Europe, which for a while disastrously promoted diesel cars as the best way to decarbonize road transport, is the major exception.

How PSEi member stocks performed — August 6, 2024

Here’s a quick glance at how PSEi stocks fared on Tuesday, August 6, 2024.


Chinese research vessel still near Sabina Shoal, says Philippine Navy

PHILIPPINE COAST GUARD PHOTO

THE PHILIPPINE Navy on Tuesday said a Chinese research vessel equipped with advanced technology designed for marine environment observation was still near Sabina Shoal, more than a week after it left a major Chinese military outpost in the South China Sea.

Chinese research vessel Ke Xue San Hao’s “zigzag” movement “indicates something else,” and no longer qualified as innocent passage, Navy spokesman Roy Vincent Trinidad told a news briefing.

He added that the Philippine Navy continues to monitor the vessel’s movements because it might be causing environmental damage. China’s reclamation in the South China Sea has reached about 3,000 hectares, he pointed out.

The Chinese Embassy in Manila did not immediately reply to a Viber message seeking comment.

The research vessel left Sanya port on Hainan Island on July 19, two days before the Philippine Department of Foreign Affairs announced it had concluded a deal with China to resume resupply missions to BRP Sierra Madre.

A handful of Filipino soldiers live on the World War II-era ship, which Manila grounded at the shoal in 1999 to bolster its sea claim.

Ke Xue San Hao left Mischief Reef on July 26 and has since passed through several areas including Second Thomas Shoal, Raja Soliman Shoal, Bulig Shoal, Hasa-Hasa Shoal, Abad Santos Shoal and Sabina Shoal.

Sabina is part of the Spratly Islands and falls within the Philippines’ exclusive economic zone (EEZ). It is 123.6 nautical miles from Palawan Island, which is facing the South China Sea.

Mr. Trinidad said the research vessel did not seek permission to do scientific research in the area. “We have checked with the Department of Foreign Affairs, there was no request to conduct marine scientific research.”

“We have to leave it up to our appropriate government agency how to deal with hydrographic surveys or marine scientific research within our [exclusive economic zone],” he added.

The Philippine Coast Guard earlier said the research vessel, which was designed by the Marine Design and Research Institute of China and built by Wuchang Shipbuilding Industry Co., is equipped with advanced technology that “enables comprehensive marine environment observation, detection, sampling and analysis.”

On Saturday, it said the vessel had exhibited irregular automatic identification system (AIS) transmissions while sailing through the northern part of Sabina.

Also on Tuesday, Raymond M. Powell, a fellow at Stanford University’s Gordian Knot Center for National Security Innovation, said China’s largest coast guard ship “The Monster” was still at Sabina Shoal as of Aug. 5.

It was near the Philippine Coast Guard’s 97-meter BRP Teresa Magbanua, which was stationed at the center of the shoal, along with six maritime militia vessels and three smaller militia boats rafted together, he said in an X message, citing satellite imagery.

The Monster ship has turned off its AIS since July 31, he added.

The Armed Forces of the Philippines (AFP) said the number of Chinese vessels it had monitored within the Philippines’ EEZ in the South China Sea from July 30 to Aug. 4 had risen to 122 from 104 a week earlier.

The vessels include 12 ships from the China Coast Guard, three ships from the People’s Liberation Army (PLA) and 106 maritime militia vessels, AFP spokesperson Francel Margareth Padilla told the same briefing.

At Sabina Shoal, there was one China Coast Guard ship, 12 Chinese maritime militia vessels and one Chinese research vessel, she added.

At Scarborough Shoal, there were three China Coast Guard vessels, six maritime militia vessels and one PLA vessel. There were five China Coast Guard vessels and 37 maritime militia ships at Second Thomas Shoal.

Scarborough Shoal is 240 kilometers west of the main Philippine island of Luzon and is nearly 900 kilometers from Hainan, the nearest major Chinese landmass.

Ms. Padilla said there were 37 maritime militia vessels and one China Coast Guard vessel near Philippine-occupied Thitu Island, two Chinese maritime militia vessels near Kota Island, one China Coast Guard vessel and four maritime militia ships near Lawak Island and two PLA vessels and three Chinese maritime militia vessels near Lankiam Cay or Panata Island.

There were four maritime militia vessels at Whitsun Reef, 30 maritime militia vessels near Iroquois Reef and one China Coast Guard vessel near Flat Island, which is part of the Spratly Islands.

A United Nations-backed tribunal based in the Hague in 2016 voided China’s expansive claims in the South China Sea for being illegal. — Kyle Aristophere T. Atienza

US Coast Guard men in Limay to help curb MT Terranova oil spill

THE SUNKEN MT Terra Nova off Bataan. — PHILIPPINE COAST GUARD FACEBOOK PAGE

MEMBERS of the United States Coast Guard and a Washington-based oceanic team arrived in Bataan province in northern Philippines on Tuesday to help the Philippines contain an oil spill from a sunken vessel.

The eight-man US team would give technical assistance to a local team deployed to recover three vessels that sank off the coast of Bataan last month, the Philippine Coast Guard (PCG) said in a statement.

MT Terranova was carrying 1.4 million liters of fuel when it capsized and sank about seven kilometers east of Lamao Point in Limay municipality, Bataan shortly after midnight on July 25, while Super Typhoon Carina (Gaemi) battered Metro Manila and nearby provinces.

Citing an aerial survey, the PCG said on July 30 it had seen “very minimal and unnoticeable oil sheens” along the shorelines of Manila, Bulacan, Pampanga, Bataan and Cavite after the spill.

A fishing ban has been imposed on Limay town, while eight areas in Cavite province have declared a state of calamity.

Interior and Local Government Secretary Benjamin D. Abalos, Jr. earlier this week said an inter-agency task force formed to address the oil spill would conduct weekly inspections.

Meanwhile, about 31,000 Cavite-based fishermen affected by the spill will get at least P350 daily.

The amount is equivalent to their average daily earnings, Justice spokesman Jose Dominic F. Clavano IV told reporters.

The International Oil Pollution Compensation Funds (IOPC) used the sinking of the MV Princess Empress last year as a “template” for their action in rolling aid this time, he added.

“[For the sinking of MT Terranova], the IOPC reacted quickly to give the payout,” he said. “The last time, it took six months. We expect it to be quick this time,” he added in mixed English and Filipino.

The Department of Justice (DoJ) in a separate statement said it is committed to go after the owners and crew of MT Terranova, as well as agencies that issued permits.

“Our goal is to find out if there were any mistakes or conspiracies in the issuance of licenses because this has affected many of our fellow citizens,” Mr. Clavano said in the statement.

Aside from the filing of cases, the DoJ will also provide aid to affected communities.

The oil spill from Bataan affected eight coastal municipalities in Cavite that were placed under a state of calamity last week.

Cavite Governor Juanito Victor “Jonvic” C. Remulla, Jr. has banned fishing and the sale of all marine products for safety.

The Philippine Coast Guard (PCG) last week said the oil from the tanker had reached Manila Bay.

The Department of Interior and Local Government on Saturday said it was investigating the incident as well as the sinking of the MT Jason Bradley on July 29.

About 352,000 people were affected by the spill across Southern Luzon, according to the Office of Civil Defense. Income loss from the spill was estimated at P18 million daily. — Kyle Aristophere T. Atienza and Chloe Mari A. Hufana

Congressman seeks e-sabong revival to boost state revenue

PHILSTAR

THE GOVERNMENT should legalize online cockfighting operations or e-sabong to generate state revenues, a congressman said on Tuesday, noting that the practice continues despite a two-year ban.

The government is losing revenues it could have collected from regulating online cockfighting, Party-list Rep. Marissa P. Magsino told a House of Representatives hearing.

She made the proposal after a sweeping ban on Philippine Offshore Gaming Operators (POGO).

The Philippine Amusement and Gaming Corp. (Pagcor) generated about P6.2 billion from license fee collections of legal online cockfighting operators from 2021 to 2022, Chairman Alejandro H. Tengco told congressmen.

“To generate funds, would it be possible to create a law legalizing it because it remains prevalent anyway?” Ms. Magsino asked in Filipino.

Ex-President Rodrigo R. Duterte in May 2022 banned internet-based cockfighting after dozens of gamblers who got hooked went missing. President Ferdinand R. Marcos, Jr. upheld the ban in December 2022.

About 30 gamblers went missing between 2021 and 2022, prompting a congressional probe. The cases remain unsolved.

“If made into law… we have nothing more to do but follow it,” Mr. Tengco said in Filipino.

The Philippine Charity Sweepstakes Office (PCSO) should study how much the government could earn from making online cockfighting, Quezon Rep. David C. Suarez said during the agency’s budget hearing.

“Because there’s no proper regulation, proper monitoring and policies being implemented, maybe PCSO or Pagcor… could make a position paper [on legalizing online cockfighting],” he said.

At Pagcor’s budget hearing, Northern Samar Rep. Paul R. Daza proposed a “better version” of POGOs.

“Learning from experience, without the bad elements, [let’s] come up with a better version that will help the economy,” he said.

Mr. Tengco said Pagcor would lose as much as P7.5 billion in yearly revenue from the POGO ban that President Ferdinand R. Marcos, Jr. ordered last month. — K.C.L. Basilio