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G-Shock: younger than ever

WHILE the new G-Shock GA-V01 series looks decidedly young, it harks back to the G-Shock’s very first day in the 1980s.

The story of G-Shock’s inventor, Kikuo Ibe, is well known. He set out to make an unbreakable watch after one given to him by his father broke. He got the inspiration from throwing a rubber ball, which later evolved into him dropping a G-Shock prototype from a window.

That same story now inspired the GA-V01, which looks and feels quite bouncy, with spikes on the side and soft plastic exteriors which make it feel almost like a toy. The toy-like exterior belies its toughness though: the hands, for example, according to AJ Sevilla, who works in visual merchandising and business development at Casio Computer Co., Ltd., bounce back (and act as a shock absorber).

“The hands aren’t that rigid. It actually has a little bit of play. It bounces back to the current time every time you drop it,” he said in an interview at the watch’s launch in Bonifacio Global City’s Atmos.

He also pointed to the watch’s curved glass crystal. “It’s very hard to manufacture something like that,” he said. “It actually enhances the shock resistance. It distributes the force when you drop it.”

Other features of the watch include water resistance up to 200 meters, a stopwatch, a countdown timer, alarms, a dual LED lighting surface, and a full auto-calendar to 2099, among others.

Back to the design: as we mentioned, the design is a bit toy-like, but some toys are famously known to withstand bites, kicks, and stomps from children. Mr. Sevilla said, “The whole watch is just one piece. When you drop it, it absorbs all the shock. You have less things to break.”

The young appearance of the watch is also timely (pun intended): it’s ripe for the young’s Y2K nostalgia (but maybe also their own parents’). “It’s a Y2K-inspired design — for the generations who didn’t experience G-Shock at its height.”

The watch is available in G-Shock stores in the Philippines starting at P9,800 and comes in four color options: classic G-Shock black, neon blue, neon yellow, and silver metallic.

The watch launched exclusively at Atmos on June 13, and will be sold starting on June 27 at the Casio Philippines website and on July 4 in select G-Shock stores nationwide. — Joseph L. Garcia

Kiefer Ravena on his holistic approach to wellness

As a seasoned basketball player himself, Kiefer Ravena is no longer a stranger to discipline. As one of the top basketball players in the Philippines — and now a player of Yokohama B-Corsairs in Japan’s B.League, his success on the court is built on more than just talent — it’s the result of relentless consistency and a well-balanced approach to fitness.

In an interview, Kiefer shared practical tips on how he maintains his health and performance, both on and off the court.

Stick to your diet

Maintaining peak physical condition takes more than just rigorous training. For Kiefer, a well-balanced diet is essential to staying fit.

“One thing I’ve learned from being overseas is the consistent discipline you need when it comes to your diet,” he shared. “One cheat day can lead to another. I try to avoid sweets as much as I can and make sure to eat on time and eat healthy.”

Kiefer understands how food choices directly impact overall fitness. By limiting sugar intake and following a structured meal schedule, he ensures his body receives the nutrients it needs to perform at its best.

In addition to dieting, hydration is a top priority. Kiefer makes a conscious effort to drink enough water each day, as proper hydration aids in muscle recovery, maintains energy levels, and supports optimal performance.

Strength training as a necessity

Strength training, according to Kiefer, is a non-negotiable part of his fitness regimen.

“Strength training is just as important as the games,” he said.

Competing at a high level demands that athletes push their bodies to the limit, and without proper conditioning, the physical toll of the season can be overwhelming.

Kiefer credits his endurance on the court to a strict and consistent training routine. He believes that beyond skills and strategy, physical preparedness is what enables athletes like him to maintain peak performance.

For those aiming to stay in top shape, Kiefer offers straightforward advice: stay consistent. Fitness, he emphasized, is a long-term commitment that requires dedication. It’s not just about short-term gains; it’s about building and sustaining a healthy, active lifestyle over time.

Prioritize rest

Peak performance is often associated with rigorous training and intense practice sessions. However, the star athlete emphasizes that rest and recovery are just as essential to maintaining a strong and healthy body.

Kiefer follows a structured recovery routine to ensure his body can withstand the demands of high-level competition.

“Recovery equipment, the right supplements, and natural rest,” he shared. “I’ve developed this routine, and it has helped a lot in allowing me to continue what I’m doing.”

While pushing physical limits is a key part of athletic growth, neglecting recovery can lead to fatigue, injuries, and a decline in overall performance.

Consistency in routine

Training requires discipline, and for many athletes, staying consistent is often the biggest challenge. But for Kiefer, the secret to staying fit and healthy lies in one word: routine.

“Routines and daily reminders of why I’m here playing overseas,” he shared.

From early morning workouts to scheduled recovery sessions, having a set plan minimizes distractions and keeps performance levels high. Sticking to a routine ensures that training remains a priority even when fatigue sets in or outside pressures arise.

Listen to your body

While regular exercise is essential, overtraining is a common pitfall among fitness enthusiasts and athletes alike.

Kiefer warns that pushing too hard can often do more harm than good. “You have to really listen to your body. I feel like that’s the only way,” he shared.

When the body is overworked, performance may decline instead of improve. Overtraining can also lead to fatigue and a higher risk of injury. That’s why it’s crucial to recognize the need for rest and give the body time to recover.

Keep a strong mental game

Staying fit and healthy is often associated with regular exercise, but mental well-being is just as important. Kiefer emphasized that clearing the mind and trying new activities can make a significant difference in maintaining overall health.

“Clear your mind every now and then. Find something new to do — something that challenges your curiosity and competitiveness, and is different from what you regularly do,” he explained.

Choose the best health partner

For Kiefer, staying fit goes beyond the court — it’s also about making smart life choices. One of those choices is Cocolife’s ARUGA plan, which provides flexible and affordable insurance options.

Unlike traditional health insurance plans, Cocolife’s ARUGA offers comprehensive health coverage, including benefits for critical illnesses, serious medical problems, and intensive care unit (ICU) confinement.

ARUGA offers a P1,000,000 medical insurance benefit for serious health conditions for just P147 per day. Additionally, up to P200,000 is covered for serious illnesses in their early stages.

In the case of unforeseen events, ARUGA eases the financial burden on the family by ensuring financial security for the beneficiaries.

If the policyholder outlives the policy and no major health condition benefit has been paid, the ARUGA plan includes a “return of premium,” in which they will receive 100% of the entire basic premiums paid.

As a Filipino basketball player competing on the international scene, it’s important for Kiefer to feel confident and secure about his health — allowing him to stay focused on training and performing at his best. That’s why he chooses Cocolife ARUGA as his trusted health and financial partner. Cocolife offers comprehensive insurance products and services designed to meet the evolving needs of Filipinos in all walks of life.

“Cocolife is proud of Kiefer Ravena for showcasing the excellence of Filipino athletes abroad,” said Cocolife President and CEO Atty. Martin A. Loon. “We remain committed to supporting him — and other Filipino athletes like him — by offering top-quality health and financial products and services that empower them to stay focused on achieving their dreams.”

Learn more about Cocolife ARUGA plan by going to https://www.cocolife.com/products/individual-insurance/.

 

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Online lending platforms face stricter SEC monitoring

STOCK PHOTO | Image by terimakasih0 from Pixabay

THE Securities and Exchange Commission (SEC) said it is intensifying its monitoring of financing and lending companies by requiring the submission of landline contact details, particularly for those operating online platforms and mobile applications.

In an order dated June 20, the SEC’s Financing and Lending Companies Division (FinLend) directed firms to provide landline numbers for both their principal offices and branches.

“The SEC is mandated to carry out the state’s policy under the Financing Company Act (FCA) and Lending Company Regulation Act (LCRA) to, among others, regulate the establishment of financing and lending companies to place their operation on a sound, efficient, and stable condition to derive the optimum advantages from them as an additional source of credits, and to prevent and mitigate, as far as practicable, practices prejudicial to the public interest,” the order said.

The agency said the company’s name and address must match those declared in its articles of incorporation.

Firms are also required to submit proof of the billing statement for the landlines to the SEC within 15 days from the issuance of the order.

If unable to comply by the deadline, a company’s president must execute an affidavit affirming that an application for a landline has been filed.

The affidavit, along with proof of application, must also be submitted within the same 15-day period.

Proof of landline installation must be submitted to the SEC within three days from the installation date.

Companies that have transferred offices or updated their registered contact details must likewise submit an affidavit, the SEC said.

“The SEC has been granted by the FCA and LCRA the power to promulgate additional requirements as may be necessary,” the order said.

Failure to submit, or late submission of, the required documents will result in penalties under the FCA or LCRA, according to the SEC.

The commission also warned that the submission of false, inaccurate, misleading, or incomplete information or documents will be deemed non-compliance and penalized in accordance with existing laws, SEC memorandum circulars, and other relevant regulations.

“Such penalties shall include, but is not limited to, suspension and/or revocation of the certificate of authority to operate as a financing or lending company,” the SEC said.

On May 30, the SEC FinLend issued an order revoking the corporate registration of 401 lending corporations for failing to submit their reportorial requirements. Their certificates of authority to operate as lending companies were also revoked.

The companies, classified as delinquent, failed to file audited financial statements, general information sheets, reports on director or trustee compensation, and director or trustee performance appraisals along with the standards or criteria used for assessment.

In October 2023, the SEC launched an amnesty program allowing companies to settle fines and penalties for late or non-compliance with reportorial requirements at reduced rates.

In a separate order dated May 27, the SEC FinLend also revoked the corporate registration of 47 financing companies for non-compliance with reportorial requirements. — Revin Mikhael D. Ochave

Manila Water shares climb as East Bay plant upgrade nears completion

Image source: manilawater.com

MANILA WATER Co., Inc.’s (MWC) shares rose in value last week following the announcement of progress on its East Bay Water Treatment Plant upgrade, analysts said.

Data from the Philippine Stock Exchange (PSE) showed that Manila Water was the seventh most actively traded stock, with 32 million shares changing hands and a total value turnover of P1.21 billion as of Friday’s close.

Week on week, Manila Water’s share price jumped by 14.2% to P39.40 from P34.50. This outperformed the 1.2% gain of the industrials sub-index and the 0.9% decline of the PSE index.

Year to date, the utility’s share price has surged by 45.9% from its closing price of P27 on Dec. 27.

Luis A. Limlingan, head of sales at Regina Capital Development Corp., said the high completion rate of Manila Water’s East Bay upgrade may have been interpreted by investors as a “positive signal of growth… potentially driving the stock price up.”

On Tuesday, Manila Water said the raw water intake structure under Phase 2 of its East Bay project was 92% complete.

The structure is designed to draw 200 million liters of water per day from Laguna Lake to reduce reliance on Angat Dam by sourcing water from alternative supply points.

The intake structure is part of a P525-million project that began in June 2023 and is targeted for completion by the third quarter of this year.

“[This indicates] the company’s ability to meet its infrastructure commitments and enhance long-term water supply reliability,” Mr. Limlingan said in a Viber message.

In addition to infrastructure developments, Mr. Limlingan said the share price increase may also be linked to the upcoming initial public offering (IPO) of Maynilad Water Services, Inc.

The Securities and Exchange Commission approved Maynilad’s IPO application on June 2.

At up to P20 per share, Maynilad plans to offer 1.66 billion common shares, up to 249.05 million shares as part of an overallotment option, and 24.9 million shares under a preferential offer.

The offer period will run from July 3 to 9, with the listing on the PSE set for July 17.

Mr. Limlingan said the entrance of another water utility into the market is a key development for investors monitoring Manila Water.

“It could either intensify competition in the water utility sector, or reflect favorably on the industry, which could boost MWC’s profitability,” he said.

Diversified Securities, Inc. Equity Trader Aniceto K. Pangan said in a text message that Manila Water’s strong first-quarter financial results may support continued upward momentum in the company’s share price.

In a disclosure to the local bourse, Manila Water reported a 14.2% year-on-year increase in attributable net income in the first quarter to P3.56 billion from P3.12 billion a year earlier.

Consolidated revenue for the quarter also rose by 7.2% to P9.54 billion from P8.82 billion in the same period last year.

Mr. Limlingan said recent developments are fueling a positive outlook for the stock this week, although a technical correction may occur due to its overbought condition.

“For the upcoming week, MWC’s support could be around P36 to P37, while the resistance level could be at P40,” Mr. Limlingan said.

Mr. Pangan, meanwhile, identified immediate support and resistance levels at P37.65 and P39.60, respectively. — Matthew Miguel L. Castillo

Style (06/23/25)

Penshoppe x HOPE collection launched

HOPE joins forces with Penshoppe in the new Penshoppe x HOPE Collection. The collaboration brings a limited-edition lineup of staples including polo shirts, T-shirts, caps, pullover sweaters, hoodies, and tote bags. A portion of the proceeds from every purchase will help fund the building of public school classrooms in underserved communities across the Philippines. The Penshoppe x HOPE Collection continues HOPE’s mission of transforming everyday purchases into meaningful contributions to public education. HOPE Founder Nanette Medved-Po said, “Fashion has the ability to inspire, to express, and to influence. Partnering with a major fashion brand like Penshoppe allows us to tap into that influence in a meaningful way — bringing purpose into people’s everyday purchases. We’re thrilled to be working together to make education more accessible to Filipino public school students.” The collection is now available in Penshoppe stores nationwide and online at https://www.penshoppe.com/pages/penshoppexhope.

CASETiFY collaborates with Teletubbies

CASETIFY unveils a playful collaboration with beloved kiddie show icons the Teletubbies. Each piece in the collection celebrates Tinky Winky, Dipsy, Laa-Laa, or Po. These customizable pieces allow users to select their favorite Teletubby against backgrounds inspired by the hills of Teletubbyland. Customers can add their names, while similar customization options are available across watch bands, AirPods cases, and laptop sleeves. Phone charms highlight each character with their signature items, while keychains are available in both classic clip and vintage hotel-style designs. There are also mini danglers — small, collectible figurines that attach directly to devices. Functional grip stands feature Tubby Toast and the Teletubbies, alongside MagSafe cardholder stands. The lineup is completed by a MagSafe charging stand decorated with colorful Teletubby artwork. The collection also features four special bundles: the “You’re My Sunshine” combo (featuring a sticker case and Tubby Toast grip stand), the “Meet the Teletubbies” combo (with Teletubbies phone case dangler blind box, phone case, and phone chain), the “Teletubbies Big Hug” combo, and the comprehensive “Teletubbies Collector” bundle for the most dedicated fans. The collection was released on June 18 with some products becoming available for purchase on June 25. The collection will be available for purchase online at CASETiFY.com and via the CASETiFY Co-Lab app.

Second Gap x DÔEN collection out

FOLLOWING last year’s successful collaboration, Gap and DÔEN are launching a second collection of California vintage-inspired classics. Launching this month, the new capsule collection is rooted in DÔEN’s feminine interpretation of Gap styles: easy summer dresses with new prints like the Pintuck Floral Midi Dress, eyelet maxi dresses, and matching sets in nautical colorways: red, white, and navy. The Gap × DÔEN collection was produced in international factories that participate in RISE (Reimagining Industry to Support Equality), a collective of leading fashion brands, manufacturers, civil society groups, and trade unions to advance gender equity in the international garment sector. Founded in 2023 by Gap Inc., BSR’s HERproject, Better Work, and CARE, RISE provides garment workers with the skills needed to advance in work and life. The collection is available at Gap TriNoma and SM Mall of Asia, and will be available at gap.com.ph with retail prices ranging from P3,250 to P7,750 in women’s sizing.

Lucky Strike at Benilde

BELIEVERS of talismans and magic trinkets might want to check out recent De La Salle-College of Saint Benilde (DLS-CSB) graduate Patricia Broniola. Ms. Broniola’s whimsical collection for her namesake brand is called “Lucky Strike,” and it explores the concept of manifesting good fortune by donning charms revered across cultures, patterns deemed to bring prosperity, and objects with sentimental meanings. “It celebrates the tiny pockets of luck woven into your everyday life,” she said. “By wearing these pieces, you get to carry a tangible reminder that luck isn’t a coincidence, but something that you can invite into your life if you’re open to it.” These include a starlight-inspired dress in sky-blue metallic gazar or cream Mikado which is embellished with crystal beads and delicate deadstock lace. The Felicity Teacup Skirt in apple green gingham is adorned with embroidered ladybugs, associated with positivity and happiness. There’s also a Lucky Blind Bag with a limited edition crocheted four-leaf clover and one mystery charm. A Cosmic Express Service lets customers customize tees, jackets, and totes with beaded patches or embroidered detailing. The designer with her own startup business hopes to collaborate with local artisan communities in bringing her ideas to life, while preserving time-honored techniques with the use of embroidery, beadwork, and crochet. Ms. Broniola has a crowdfunding campaign on fund.thesparkproject.com/project/patricia-broniola-lucky-strike.

Brazil to confirm which of its regions are free of disease

STOCK PHOTO | Image by Azerbaijan_stockers from Freepik

BRAZIL is expected to file documents to validate which specific regions of the country are free of animal diseases like bird flu, according to the Department of Agriculture (DA).

“We are looking for regionalization. ’Yung bola nasa Brazil (the ball is in Brazil’s court). We are waiting for three documents from them,” Secretary Francisco Tiu Laurel, Jr. said.

Such a filing will narrow down which regions will be covered by Philippine import bans, averting blanket bans on the entire country.

The Philippines in May imposed a ban on poultry imports from Brazil following a bird flu outbreak that killed almost 7,400 breeders in Rio Grande do Sul.

The easing of the blanket ban will “improve greatly the supply of chicken and raw material, and also processed meat,” Meat Importers and Traders Association President Jesus C. Cham said via Viber.

He noted that the broader import ban has “resulted in the diversion of many loads” from Brazil, triggering a “shortage” and price increases.

He noted that even once the regionalization is approved, it will take several months before the new imports arrive.

Brazil is a key supplier to Philippine meat processors, accounting for over a half of the demand for mechanically deboned chicken, used in sausages and meat loaf.

Brazil was the Philippines’ biggest supplier of imported chicken (92,232 MT) and pork (91,200 MT) in April.

Mr. Laurel called Brazil’s poultry products among the cheapest in the world. — Kyle Aristophere T. Atienza

Creta comforts

PHOTO BY KAP MACEDA AGUILA

Hyundai presents updated compact crossover

By Kap Maceda Aguila

FOLLOWING A PROPER debut in the Philippines in 2022, Hyundai’s compact crossover Creta now gets a makeover with a “bolder” look that reflects the company’s design language, “Sensuous Sportiness.”

Though not yet an all-new model, there are significant changes made in the Creta. Most obvious is the redesigned front fascia, which gets a so-called Parametric Jewel Grille in black chrome and signature LED position lamps and sequential turn indicators.“We see a lot of interest in this market,” said Hyundai Motor Philippines (HMPH) General Manager for Marketing and Product Planning Mark Parulan to “Velocity.” “Not only is the Creta stylish, it’s also nimble and fuel-efficient. It also has higher ground clearance, and that it seems to be the preference of much of the market. We are therefore very optimistic about this.”

The new Creta also gets differently designed alloy wheels, and the rear fascia displays the now-familiar “H-theme” combination lamps for enhanced overall visibility.

The changes inside include a larger digital instrument cluster — now integrated with the infotainment screen compared to the outgoing version. The infotainment screen measures 10.25 inches and offers “high-definition display and smooth graphics,” stated HMPH. It boasts wireless Apple CarPlay, Android Auto, and built-in Waze navigation. The front seats are ventilated, and the rear cargo space measures 433 liters with the seatbacks up, expandable to 1,401 liters when they are folded flat.

An upgraded advanced driver assistance system, Hyundai SmartSense, includes Smart Cruise Control with stop and go, forward collision avoidance assist, lane following assist, lane keeping assist, blind spot collision avoidance assist, blind spot view monitor, reverse parking distance warning, surround view monitor, and others.

With the Creta, HMPH targets “young individuals who are very passionate and driven,” remarked Mr. Parulan. “They are looking for something bolder and edgier that would actually personify their characteristics.”

With the Creta’s refresh, HMPH is also bringing the model’s N Line trim — the first time the sportier variant of the Creta is being made available here. The Creta N Line is motivated by a turbocharged 1.5-liter GDI mill serving up 160ps of power and 253Nm of torque. The engine is mated with a seven-speed DCT transmission. The non-N Creta variants receive a naturally aspirated 1.5-liter power plant, submitting 115ps and 144Nm. This is paired with Hyundai’s Intelligent Variable Transmission.

The Creta N Line boasts a range of exclusive badges and accents, sportier-looking bumpers and dual exhaust tips, and 18-inch alloy wheels. An N-specific rear spoiler completes the look. Inside, the variant is fitted with a three-spoke steering wheel with paddle shifters, drive and traction control, red ambient mood lamp, and red interior touches.

In a release, HMPH President Jiho Son said, “As we launch the new Creta, we want to keep pushing for our vision to provide not just innovative mobility solutions, but more so, a vehicle lineup that caters to the needs of every Filipino and becoming their best partner on the road.”

How does Hyundai figure amid a continuing influx of Chinese brands — more than 20 already — and their myriad of releases these days?

“Yes, the automotive industry is very competitive right now, with several brands coming in with new products,” acknowledged Mr. Parulan. “But I think what differentiates Hyundai from the other brands is that we really focus on our customers. We try to deliver cars for different needs — what people need to transport them. As long as that is our focus, we believe that we’ll be able to provide (for their) needs and as well as the essential requirements for their daily transportation.” He added, “And with our vision of progress for humanity latching onto that definitely, we will not just be a car company, but more of a solutions provider for all the needs of our customers.”

HMPH presently has 39 dealerships nationwide, a number that the company looks to grow to 44 by the end of the year. Mr. Parulan shared that the company intends to “further solidify its leadership” in the electric vehicle space (including hybrids), as well as emphasize its N performance line.

The new Hyundai Creta is priced as follows: 1.5 GL IVT, P1.134 million; 1.5 GLS IVT, P1.254 million; 1.5 Premium IVT, P1.333 million; and 1.5T N Line 7DCT, P1.379 million. It is available in Creamy White Pearl, Midnight Black, Magnetic Silver, and Slate Blue Pearl. The new Creta N Line comes in exclusive colors: Shadow Gray and Dragon Red.

For more information, visit https://www.hyundai.com/ph/en/find-a-car/new-creta/highlights or follow HMPH through @HyundaiMotorPhilippines on Facebook and Instagram.

DoTr says SMC to start Boracay airport terminal soon

PHILIPPINE STAR/WALTER BOLLOZOS

SAN MIGUEL Corp. (SMC) is set to break ground on a passenger terminal building at the Godofredo P. Ramos Airport in Caticlan by next month, according to the Department of Transportation (DoTr).

“For Caticlan airport, San Miguel has committed to break ground on a terminal building this June or July,” Transportation Secretary Vivencio B. Dizon told reporters last week.

Mr. Dizon said SMC President Ramon S. Ang “committed” to completing the project before 2028, or before the end of the current administration.

Last year, SMC engaged the Saavedra-led Megawide Construction Corp. to design and construct the new terminal.

Megawide secured the contract for the terminal building project at the Boracay airport, which is operated by Trans Aire Development Holdings Corp., a subsidiary of SMC Infrastructure.

SMC, through its infrastructure unit, is leading the modernization of Godofredo P. Ramos Airport, also known as Boracay airport.

The planned terminal will have a passenger handling capacity of seven million annually and will include eight passenger boarding bridges.

In addition to the Caticlan project, SMC, through San Miguel Aerocity, Inc., is developing the P740-billion New Manila International Airport in Bulacan.

The airport development spans 2,500 hectares and aims to establish a world-class aerotropolis capable of accommodating 100 million passengers per year. — Sheldeen Joy Talavera

China’s 618 shopping fest sets record, but daily spending slips

BEIJING — China’s largest mid-year shopping festival, 618, ended on Wednesday with record sales, though daily spending dropped amid an extended sales period aimed at enticing consumers to part with more of their hard-earned money.

The longer sales period helped the combined gross merchandise value (GMV), a business metric commonly used in e-commerce, reach an all-time high of 855.6 billion yuan ($119 billion), according to retail data provider Syntun. That was 15.2% higher than the prior year’s 742.8 billion yuan.

The festival, originally a single-day event celebrating JD.com’s founding on June 18, has evolved into a month-long affair spanning all major e-commerce platforms.

This year’s pre-sales began on May 13, a week longer than in 2024, leading to lower average daily spending of 23.1 billion yuan, compared with 24.8 billion yuan last year, according to Reuters calculations.

Alibaba Group’s Tmall kept its top position on sales, the data showed, followed by JD.com, ByteDance’s Douyin, and Pinduoduo Holdings’ Pinduoduo. Syntun did not provide sales figures for each platform.

Despite the upbeat figures, the world’s second-largest economy’s retail sector continues to struggle due to concerns over employment stability, stalled wage growth and the ongoing property crisis.

Retailers and the government have sought to lift subdued spending by deepening discounts and expanding consumer subsidies but analysts say longer festivals and year-round discounts have dampened excitement for these kinds of events.

“I don’t have anything special to buy during the 618 shopping festival. Because there are always great deals, I can buy whatever I need whenever,” said Xu Binqi, who works in Beijing’s film industry. “Take skincare products as an example, I buy them whenever I run out, and the prices are no higher than during the 618 festival.”

Rachel Lee, general manager of market research firm Worldpanel China and co-author of Bain & Co.’s recent China Shopper Report, said that when consumers are budget-conscious, they seek affordable alternatives, and discounts play a lesser role.

“Standalone promotional discounts will find it increasingly difficult to drive volume growth,” she said.

This year, JD.com said the number of users placing orders for the 618 event more than doubled year-on-year, with over 2.2 billion orders across its online, offline and food delivery platforms.

Alibaba said that 453 brands surpassed 100 million yuan in GMV over the 618 period.

Brands that surpassed 1 billion yuan in GMV included Apple, Xiaomi, Huawei, Nike, Adidas, L’Oréal, and Lululemon, Alibaba added.

RETAIL GROWTH, SUBSIDY IMPACT
While the retail environment in China remains difficult, there are signs that consumption overall has picked up in recent months. Retail sales growth surpassed expectations in May, with official data showing a 6.4% increase, the fastest growth since December 2023.

Analysts pointed to the earlier start of 618, along with government consumer subsidies for goods such as home appliances and mobile phones, as twin drivers.

Jacob Cooke, co-founder and chief executive officer of WPIC Marketing + Technologies, said the extended 618 festival front-loaded consumer demand, encouraging earlier spending and smoothing consumption trends into May.

“A longer 618 festival with low prices helps sustain engagement across weeks and has contributed materially to May’s strong retail performance,” Mr. Cooke said.

Analysts warn that a pause in subsidy programs in several regions, as central government allocations dry up, could weigh on 618 sales and overall consumption this month, though more funds are likely to be allocated for those programs in July.

“Rapid sales growth of key subsidy categories (such as home appliances) driven by the 618 shopping festival starting from May… have quickly depleted funds,” HSBC analysts wrote in a note.

Eve Wang, 32, reflected on the shift in spending habits: “In the past, for example during events like Singles’ Day and 618, I used to spend a lot of money on stockpiling goods, but now… I only buy what I need.” — Reuters

How the Konektadong Pinoy Bill will secure Filipinos online

STOCK PHOTO | Image from Freepik

The Konektadong Pinoy Act, or Senate Bill No. 2699, is a big leap forward in modernizing the Philippines’ digital infrastructure. Certified as urgent by President Ferdinand Marcos, Jr., passed on third reading and ratified by both chambers of Congress, this legislation seeks to boost competition in the data transmission sector, improve the ease of doing business for the entry of market players, and enhance cybersecurity standards for internet services in the country.

While the bill has met opposition — notably from the Philippine Chamber of Telecommunications Operators (PCTO) and Bantay Konsyumer, Kalsada, Kuryente (BK3) — the critiques often lack substantiated evidence. PCTO warns of cybersecurity risks, while BK3 suggests the bill may expose users to malicious actors. However, there has been no clear demonstration of how the current requirement of a Congressional franchise has improved cybersecurity, nor how increasing the number of players will compromise cybersecurity.

It is entirely reasonable for stakeholders to be vigilant about the implications of deregulation; national security and consumer protection are legitimate concerns. However, these must be weighed against empirical data and the structural integrity of the proposed reforms.

The Philippines is the only country requiring a legislative franchise for network providers — a requirement rooted in the analog landline era. Globally, licensing is managed by executive or regulatory agencies, enabling faster policy adaptation. Despite the franchise, the Philippines ranked third globally in web threats in 2024, underscoring its ineffectiveness in ensuring cybersecurity.

Countries such as the United States (via the Federal Communications Commission) and the United Kingdom (through Ofcom or the Office of Communications) manage network licensing and cybersecurity enforcement through agile, technically competent regulators. These models demonstrate how modern frameworks can help safeguard digital ecosystems more effectively.

Contrary to opposition claims, the Konektadong Pinoy bill establishes robust cybersecurity requirements. Section 9 mandates third-party cybersecurity certification aligned with ISO standards or others recognized by the Department of Information and Communications Technology (DICT). Moreover, the very capable men and women of the DICT and the National Telecommunications Commission (NTC) are empowered to audit providers and revoke authorizations when standards are unmet.

There will always be concerns but the key is recognizing these potential implementation issues to which the DICT is more than adept to develop detailed guidelines, capacity-building initiatives, and a registry of accredited auditors to ensure compliance, especially for smaller providers. These measures will then create a secure and inclusive internet environment without overburdening the industry participants.

Konektadong Pinoy complements existing legislation such as the Data Privacy Act, Cybercrime Prevention Act, and the proposed Cybersecurity Act. It reinforces a layered approach to internet security while enabling better and faster response to emerging threats and incidents. Furthermore, under the Foreign Investments Act, regulators retain authority to block untrustworthy foreign entities.

Removing the legislative franchise requirement reduces entry barriers for smaller and regional ISPs, catalyzing broader internet coverage — especially in rural and disadvantaged areas. This approach promotes both competition and equity, addressing long-standing disparities in digital access.

By shifting control to technical regulators and establishing dynamic security standards, Konektadong Pinoy bridges outdated policy with the demands of the digital age. As the bill integrates global best practices and strengthens local governance, it sets a foundation for resilient, secure, and inclusive digital growth.

The real threat to national security and economic progress lies not in liberalized access, but in maintaining rigid, outdated frameworks that hinder innovation and inclusivity. The Konektadong Pinoy bill offers a compelling alternative — one that empowers the Philippines to build a future-ready, cyber-secure digital nation.

Filipinos deserve better internet. Filipinos need Konektadong Pinoy. The fulfillment of Philippine digitalization now lies in the hands — and pen — of President Marcos.

 

Albert Dela Cruz is a veteran information security professional, and co-founder and director of the Philippine Computer Emergency Response Team Coordinating Center (PHCERT/CC).

DoST funding efforts to curb disease in farmed shrimp

PHILSTAR FILE PHOTO

THE Department of Science and Technology (DoST) said it is funding a project that addresses viral disease in farmed shrimp using RNA interference-based technology.

Researchers from the University of Santo Tomas are developing antiviral protection for giant tiger prawn (Penaeus monodon) by targeting genes that may play a role in the infectivity or pathogenicity of White Spot Syndrome Virus, according to the Philippine Council for Agriculture, Aquatic and Natural Resources Research and Development (PCAARRD), an arm of the DoST.

PCAARRD said the project, in its first year, has identified three viral genes that show promise as “therapeutic targets for laboratory testing.”

“The project seeks to mark a major step forward in protecting the livelihood of shrimp farmers and securing the future of the country’s shrimp aquaculture industry.”

Aquaculture accounted for 57% total fisheries production in the first quarter of 2025. — Kyle Aristophere T. Atienza

Refreshed Mitsubishi Mirage G4 now here

The new Mitsubishi Mirage G4 GLX 1.2G CVT retails for P841,000. — PHOTO BY KAP MACEDA AGUILA

By Joyce Reyes-Aguila

MITSUBISHI MOTORS Philippines Corp. (MMPC) recently rolled out the refreshed version of the popular subcompact sedan, the Mitsubishi Mirage G4. In a release, MMPC said that the “proven reliability” of the Mirage G4 has been demonstrated by its hefty contribution to the company’s annual sales volume. The model accounted for 26,313 units sold out of a total sales output of 89,124 units for MMPC. The first-quarter sales in 2025 marked a 13.4% increase from the same period last year with 6,785 vehicles sold.

According to the brand, the style and safety enhancements in the Santa Rosa, Laguna-assembled Mitsubishi Mirage G4 seek “to “elevate” the driving experience of this key model.

Headlining the sedan’s safety upgrades are hill start assist and active stability control as standard to “maintain optimal grip in challenging conditions” through the application of “precise braking force to the right wheel at the right time to prevent skidding.” These are added to the dual SRS air bags and anti-lock braking system with electronic brakeforce distribution available in previous releases.

All three variants of the model now have 15-inch, machine-finished two-tone alloy wheels and LED projector headlights and taillights for improved visibility. The GLX CVT and GLS CVT variants have daytime running lights to enhance nighttime visibility.

The Mirage G4 is still equipped with the familiar 1.2-liter MIVEC engine and CVT transmission in MT for the GLX variant. Other features the vehicle has retained are Apple CarPlay and Android Auto connectivity, and a 450-liter trunk. Additional features of the top-of-the-line GLS variant include a keyless operation system, remote key with trunk opener, backing-up camera, and automatic climate control.

Customers can select from four exterior colors: Titanium Gray Metallic, Red Metallic, Cool Silver Metallic, and White Solid — the last available via order basis. The Mitsubishi Mirage G4 GLX 1.2G MT is priced at P793,000, while the Mirage G4 GLX 1.2G CVT is at P841,000, and the CVT is sold for P937,000.

For more information, visit www.mitsubishi-motors.com.ph or follow Mitsubishi Motors Philippines’ official social media pages.

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