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Weak investment forces strategy shift to helping established businesses grow — DTI

DTI Undersecretary Ma. Cristina A. Roque

THE Department of Trade and Industry (DTI) said an investment slowdown has forced it to shift its focus to established businesses, with which it is exploring possible growth pathways.

“We acknowledge that we have a bit of a local problem now here. So, investments are, of course, coming in, but not as much as we expected them to be,” Trade Secretary Ma. Cristina A. Roque said on Wednesday at the Federation of Philippine Industries Business Summit 2025.

“What DTI will be doing is to strengthen the industries that are here … I’ve already set up meetings with some of the industry players to discuss how to grow and strengthen their businesses here in the Philippines,” she added.

She said that because of “recent developments,” investors are in wait-and-see mode. Asked whether investors have turned cautious because of the public works corruption scandal, she said, “I am not sure … because they don’t say it specifically.”

“But for those that already have investments here, pumapasok pa rin sila kasi alam na nila kung anong meron (they are keeping at it because they know the score),” she said.

She said that the government’s role now is to ensure that it helps established businesses resolve any issues they face.

However, she said that the Board of Investments will be sticking with its P1.75-trillion target for the year, because it is crucial to keep the tone positive. “We don’t want to discourage the Filipino people,” she added.

She also said the domestic market remains the main driver for investment.

“Some of the tycoons don’t even export … they just rely on the local market. This is what makes us attractive,” she added. — Justine Irish D. Tabile

Budget priorities often out of step with PHL development plan — JICA

THE Philippine Development Plan is often not fully aligned with budget priorities, Japan International Cooperation Agency (JICA) Chief Representative Baba Takashi said.

Speaking at the Philippine Development Forum, Mr. Baba  said: “We find that while the Philippine development plan sets the strategic direction, its alignment with the national budget is not always strong.”

This has caused delays in projects supported by Official Development Assistance (ODA) , he said on Oct. 6.

He noted that the Philippines sends “mixed signals on which priorities should be supported by ODA and local funds.”

Mr. Baba said the National Government committed to allocate counterpart funding of up to P6 trillion for foreign-funded projects, on top of the budget for regular projects and programs.

“Development partners are prepared to support the infrastructure sector with up to P2.1 trillion in public investment from 2025 to 2028,” he said.

Rep. Mikaela Angela B. Suansing, who chairs the House appropriations committee, has said that Congress supported the budget for 2026 foreign-assisted projects, noting that legislators left the executive branch’s proposed ODA allocations intact.

Mr. Baba also noted the poor coordination by core government agencies a disconnect between executive and legislative priorities, leading to inefficiencies in project rollouts.

The he said operations and maintenance budgets are also an issue.

“Inadequate funding or lack of long-term planning for maintenance leads to rapid deterioration of facilities and services. This gap undermines the very investment made in infrastructure,” he said. — Aubrey Rose A. Inosante

PHL expecting more dumped goods in reaction to Trump tariffs, DTI says

US PRESIDENT Donald Trump delivers remarks on tariffs in the Rose Garden at the White House in Washington, DC, April 2, 2025. — REUTERS

THE Department of Trade and Industry (DTI) said it is bracing for more goods to be dumped in the Philippines after US imposed reciprocal tariffs in August.

Speaking at the Federation of Philippine Industries Business Summit 2025, Trade Secretary Ma. Cristina A. Roque said she is enlisting the aid of the Bureau of Customs (BoC) to address the expected surge in imports.

“We really have to work together. A lot of dumping is expected to happen, dahil medyo challenging ang tariffs ng US (because the US tariffs are a bit challenging),” she said on Wednesday.

“We are expecting a lot of goods to be brought in here from China, Vietnam, and many other countries,” she added, singling out shipments of  cement, steel, and garments.

“These are products that are being sold to the US, especially from China. And (the dumping is taking place) not only in the Philippines but also in Southeast Asia,” she said.

“When all of us trade ministers talk, that is what we are expecting — that there will be dumping,” she added.

She said industry representatives have already reported increasing imports of cheap garments and school supplies.

“We have to work with the BoC because if the goods cannot enter, then there’s no issue,” she said.

Dapat talaga maghigpit sa goods (They need to be strict with these goods) or they need to tax them,” she added. “I don’t know what the commissioner will decide, but we need to protect the manufacturing sector.”

BoC Commissioner Ariel F. Nepomuceno said that dumping of goods may result in government revenue taking a hit, which will need to be offset in some other way.

He added that some of the foregone revenue will stem from the zero-tariff concessions won by the US for its goods, which he estimated at P30 billion, judging from volumes shipped in 2024, when the goods were still charged tariffs. — Justine Irish D. Tabile

DA pitches P216.1-B budget to ensure food security, enhance farmer incomes

FRANCISCO P. TIU LAUREL, JR. — PHILIPPINE STAR/JESSE BUSTOS

THE Department of Agriculture (DA) said a budget of P216.1 billion will help the Philippines achieve food security and raise incomes for agricultural workers industry.

Agriculture Secretary Francisco P. Tiu Laurel, Jr. said at a Senate hearing that chronic underfunding of agriculture has worsened farmer poverty as well as the trade deficit in farm goods.

According to the Philippine Statistics Authority (PSA), 27% of farmers and 27.4% of fisherfolk living in extreme poverty

“As their representatives, it is our duty to be their advocates — to speak for them, to help them fulfill their dreams, realize their hopes, and empower them not only to uplift their own lives but also to sustain the tens of millions of Filipinos who rely on them for nourishment,” Mr. Laurel said.

The budget Mr. Laurel is proposing would represent a 21.22% increase from the budget approved in 2025.

The DA plans to focus its spending on modernizing the industry, increasing incomes, and building climate resilience. — Andre Christopher H. Alampay

Nobel Prize in Chemistry 2025 awarded to scientists behind groundbreaking ‘Hermione’s Handbag’ materials

A view of a bust of Alfred Nobel in the Nobel Forum in Stockholm, Sweden, October 6, 2025. — REUTERS/TOM LITTLE

STOCKHOLM — Scientists Susumu Kitagawa, Richard Robson and Omar Yaghi won the 2025 Nobel chemistry prize for developing a new form of molecular architecture, yielding materials that can help tackle challenges such as climate change and lack of fresh water.

The three laureates worked to create molecular constructions, known as metal-organic frameworks or MOFs, with large spaces through which gases and other chemicals can flow and that can be utilised to harvest water from desert air, capture carbon dioxide or store toxic gases.

The academy said some of these materials had a remarkably large surface area – a porous material roughly the size of a small sugar cube could contain as much surface area as a large football pitch.

“A small amount of such material can be almost like Hermione’s handbag in Harry Potter. It can store huge amounts of gas in a tiny volume,” Olof Ramstrom, Member of the Nobel Committee for Chemistry, said.

USES COULD INCLUDE DEALING WITH ‘FOREVER CHEMICALS’
The more than a century-old prize is awarded by the Royal Swedish Academy of Sciences and the winners share 11 million Swedish crowns ($1.2 million), as well as the fame of winning arguably the world’s most prestigious science award.

Kitagawa told the Nobel press conference that he was deeply honoured by the award.

“My dream is to capture air and separate air to – for instance, in CO2 or oxygen or water or something – and convert this to useful materials using renewable energy,” he said.

After the discoveries, chemists have built tens of thousands of different MOFs, some of which “may contribute to solving some of humankind’s greatest challenges”, the Academy said, adding that additional uses included separating toxic PFAS, or “forever chemicals”, from water and breaking down traces of pharmaceuticals in the environment.

Kitagawa is a professor at Kyoto University in Japan, while Robson is a professor at the University of Melbourne, Australia, and Yaghi is a professor at the University of California, Berkeley, in the United States.

Kitagawa is Japanese, Robson was born in Britain but moved to Australia in his late 20s, while Yaghi is Jordanian-American.

Yaghi, whose parents were Palestinian refugees living in Amman, moved to the U.S. as a teenager. His team managed to create a crystal-like structure using metal atoms and showed that these structures were robust and durable, yet highly porous.

“That basically was the spark that ignited the field,” he said in comments included in a statement from the University of California, Berkeley.

THIRD 2025 NOBEL PRIZE, LITERATURE NEXT ON THURSDAY
The Chemistry Nobel was the third prize announced in this year’s crop of awards, in keeping with tradition, following those for medicine and physics announced earlier this week.

Established in the will of Swedish inventor and businessman Alfred Nobel, the prizes for achievements in science, literature and peace have been awarded since 1901, with a few interruptions mostly due to the world wars.

Nobel was himself a chemist and his developments in that field helped underpin the wealth he amassed from his invention of dynamite in the 19th century. The economics prize is a later addition funded by the Swedish central bank.

Sometimes overshadowed by more famous laureates in the fields of physics, literature and peace, the chemistry awards have still recognised many influential discoveries such as nuclear fission, DNA sequencing techniques, and yeast.Last year’s chemistry award went to U.S. scientists David Baker and John Jumper and Briton Demis Hassabis for work on decoding the structure of proteins and creating new ones, yielding advances in areas such as drug development. — Reuters

Journaling key to emotional regulation for entrepreneurs 

ILOVEBDJ.COM

Writing in a journal can help entrepreneurs regulate their emotions amid the pressures of running a business, according to Belle de Jour (BDJ), a locally known lifestyle and planner brand. 

Darlyn Ty-Nilo, founder of BDJ, told BusinessWorld the importance of proper emotional regulation, noting that it significantly impacts a person’s productivity, particularly for entrepreneurs. 

“Because of all these things, as an entrepreneur running a business, you need self-clarity. If you yourself are confused, how can you expect to lead others?,” Darlyn Ty-Nilo, founder of BDJ, said in an interview in both mixed English and Filipino during the brand’s 20th anniversary on Wednesday. 

“So that’s what you go through when you’re trying to do journaling for your emotions—journaling for clarity of your emotions,” Ms. Nilo said. 

She added that journals can also help organize the mind, making it easier to plan and manage tasks effectively. 

According to research from the University of Dayton in the US, entrepreneurs are exposed to higher levels of stress compared to other workers, which can negatively impact their health. 

The study also emphasizes that managing stress is essential not only for entrepreneurs’ well-being but also for the success and performance of their businesses. 

Meanwhile, a separate survey conducted by Endeavor among 118 tech founders found that 75% of entrepreneurs feel pressure from others’ expectations, while 54% said discussing mental health is considered taboo in the ecosystem. 

The report also cited a US study showing that 72% of entrepreneurs experience mental health concerns. 

Grounded in the pressures she experienced in business, particularly during the pandemic, Ms. Nilo said this was the reason she also launched the Life Business Workshop to help women entrepreneurs stay inspired and focused on their business journeys. 

As part of the brand’s 20th anniversary celebration, BDJ also announced that the 2026 20th Edition Planner and the Manifest Bag collection are now available for pre-order until October 20. Edg Adrian A. Eva 

Angara pushes amendments to “Adopt-a-School” program 

DepEd Secretary Juan Edgardo “Sonny” M. Angara speaks at the MAP General Membership Meeting on “Education Future-Proofing: Prioritizing Critical Thinking” on Wednesday. — ALMIRA S.MARTINEZ

Education Secretary Juan Edgardo “Sonny” M. Angara said that the Education department is pushing for the amendment of the “Adopt-a-School” program to expand its coverage beyond physical construction. 

“The original law is geared towards construction or infrastructure, but we’re also moving to apply it to companies that have training programs so that they can claim deductions. Companies that absorb apprenticeships,” he said at an event on Wednesday. 

“You donate computers, for instance, you can also claim a tax deduction,” he added. 

Under Republic Act (RA) 8525, known as the “Adopt-a-School Act of 1998,” private entities are encouraged to assist public schools, preferably located in the 20 poorest provinces identified by the Presidential Council for Countryside Development. 

The assistance from the private sector targets areas such as staff and faculty development, construction of facilities, upgrading existing facilities, provision of books, publications, and other instructional materials, and modernization of instructional technology. 

“So you repair a school, you build a classroom, you donate a computer lab, then you get a 150%,” Mr. Angara said, noting the 150% tax deduction from gross income as one of the benefits of the program. 

“So it’s very favorable and we’re trying to ramp up the attention or the information campaign behind this because it’s a 1990s law,” he added. 

Among the Adopt-a-School program partners of DepEd are Security Bank and the Federation of Filipino-Chinese Chambers of Commerce and Industry (FFCCCII), which donated classrooms nationwide. 

“Security Bank has created hundreds of classrooms. The Filipino-Chinese Chambers of Commerce and Industry has created thousands of classrooms using this law,” the Education chief said. 

The Department of Education (DepEd) is facing around 165,000 classroom backlogs and needs to construct about 55,000 classrooms annually to address the shortage by 2028. 

In the 2025 State of the Nation Address (SONA), President Ferdinand R. Marcos Jr. committed to building 40,000 new classrooms before stepping down as President in 2028. Almira Louise S. Martinez

UPHSD Altas stun MU Cardinals to lead NCAA 101 seniors hoops

FACEBOOK.COM/NCAA.ORG.PH

Games on Thursday
(MOA Arena)
9:30 a.m. – LPU vs SSC-R (jrs/srs)
2:30 p.m. – San Beda vs JRU (srs/jrs)

FROM THE TIME it joined the NCAA almost four decades ago and up to now, University of Perpetual Help System DALTA (UPHSD) has never stopped dreaming of a breakthrough senior basketball championship.

And the realization of that dream could be drawing close after the Altas shocked the Mapua University (MU) Cardinals in a gripping 75-65 victory on Wednesday that propelled the former straight to the top of the NCAA Season 101 at the Filoil EcoOil Arena.

It was the third win in a row for UPHSD that was made even more special by the fact that it came at the expense of the team to beat this season — the defending champion Mapua.

It also put the Altas on top of Group A.

Despite their early success, UPHSD coach Olsen Racela was quick to caution his players that they still have a long way to go.

“It’s a big victory but the league is just starting and anything can still happen,” said Mr. Racela.

The Altas did it with defense as they held former league MVP Clint Escamis to just six points while completely shutting down the Cardinals in the last five and a half minutes to steal the win.

During that scintillating stretch of defensive brilliance, UPHSD managed to score 10 points, half of which came from JP Boral, who ended up finishing with a team-best 15 points.

It also drew solid efforts from LA Casinillo, Patrick Sleat and Mark Gojo Cruz, who had 13, 12 and 12 points, respectively.

The Cardinals dropped to their first defeat after starting the season with a pair of wins. — Joey Villar

The scores:

UPHSD 75 – Boral 15, Casinilio 13, Sleat 12, Gojo Cruz 12, Orgo 9, Abis 4, Alcantara 4, Maglupay 3, Nuñez 3, Gelsano 0, Pagulayan 0

Mapua 65 – Recto 16, Gonzales 15, Cuenco 8, Lazarte 7, Escamis 6, Gulapa 3, Concepcion 2, Nitura 2, Sapasap 2, Delos Reyes 2, Reyes 2, Callangan 0, Ryan 0

Quarterscores: 19-21; 39-40; 57-53; 75-65

PVL orders the reply of the openers after the release of imports’ ITCs

ZUS COFFEE THUNDERBELLES — FACEBOOK.COM/PREMIERVOLLEYBALLLEAGUE

Games on Thursday
(City of Dasmariñas Arena)
4 p.m. – Galeries Tower vs Petro Gazz
6:30 p.m. – Farm Fresh vs Nxled

BACK to square one.

It came to be after the Premier Volleyball League (PVL) ordered a replay of the Reinforce Conference matches that pitted ZUS Coffee with Akari and Choco Mucho with Capital1 on Tuesday at the Ynares Center Montalban.

The decision was made after the pro league finally received on Wednesday the International Transfer Certificates (ITCs) of all its imports and Fil-foreign players, who all can now play for their respective squads starting on Thursday.

Matches will resume on Thursday with Galeries Tower battling Petro Gazz at 4 p.m. and Farm Fresh tackling Nxled at 6:30 p.m. at the City of Dasmariñas.

Without the ITCs the day before, the PVL was forced to push through with its opening-day schedule minus the international players.

It ended with ZUS and Choco Mucho ending up as winners.

But all of that will be stricken off the books following the recent developments.

“The PVL wishes to inform the fans that the two matches held on Oct. 7 will be replayed at a date to be announced,” said the league in a statement.

The league clarified that all four teams who suited up in the opener had already agreed before the game on this pre-condition.

“The upcoming replays will allow all teams to compete with their complete rosters, including their respective imports, ensuring the full excitement and high-level competition our fans expect,” it said.

The impasse happened after the Philippine National Volleyball Federation deferred giving its nod on the ITCs, an important requirement for international players to see action.

Thankfully, it had been resolved that somehow restored the peace in Philippine volleyball. — Joey Villar

AJ Lim rules the men’s singles of the PCA Open

AJ LIM — PCA OPEN FACEBOOK ACCOUNT

AJ LIM showed his readiness to shoot for a medal in this December’s Southeast Asian Games after he topped the men’s singles of the Philippine Columbian Association (PCA) Open in Paco, Manila over the weekend.

It was evident in Mr. Lim’s 6-2, 6-1, 6-4 victory over Jed Olivarez that not only secured his fourth crown in the annual meet but also reaffirmed his status as the country’s top male netter.

In the process, it also earned the 26-year-old Mr. Lim the top purse worth P200,000.

“We are tremendously proud and filled with joy at AJ Lim’s performance,” said Jean Henri Lhuillier, whose Cebuana Lhuillier has helped bankroll Mr. Lim’s SEA Games preparation.

“His dedication, discipline, and heart truly reflect the spirit of Cebuana Lhuillier. To see him rise once more to claim the PCA Open title is a moment of great pride not only for us, but for Philippine tennis as a whole,” he added.

The PCA crown was Mr. Lim’s fourth, which came exactly a decade when he claimed his very first and setting a record as the youngest ever winner of the said tournament at 16 years old.

Mr. Lim, of course, is expected to be part of the SEA Games-bound national squad that should be spearheaded by the country’s current pride in Alex Eala.

Tennielle Madis routed Kaye Anne Emana, 6-0, 6-3, to snare the women’s title while Johnny Arcilla and Bryan Saarenas edged Fritz Chris Verdad and Rolly Saga, 6-3, 5-7, 11-9, to rule the men’s doubles. — Joey Villar

Facing elimination, Phillies put ball in Aaron Nola’s hands versus Los Angeles Dodgers

LOS ANGELES — Even with their flaws exposed, the Los Angeles Dodgers get their first chance to advance out of the National League Division Series against the Philadelphia Phillies as the matchup shifts to the West Coast for Game 3 on Wednesday.

Strong starting pitching and a late-strike offense allowed the Dodgers to take a 2-0 lead in the best-of-five series. An issue has been a bullpen that has carried its second-half struggles into the postseason.

While the Dodgers rode their bullpen to a championship last season, manager Dave Roberts is crafting a new plan. The relievers combined for a 5.26 ERA in September and now have a 6.97 ERA through four postseason games.

Los Angeles has worked around the problem by recording 26 of its 27 outs with three different starting pitchers in Game 1 and used three more starters in Game 2 that delivered 25 of the 27 outs.

“It’s uncharted territory for everyone,” Roberts said of his pitching plan. “So there’s a balance of trying to build up some type of consistency to then get to the next graduation point as far as back-to-back (games) or whatever it is. … Those are things that we talk about daily to put our players in the best position (for success).”

Left-hander Tanner Scott led the club with 23 saves, but he also had 10 blown saves and hasn’t even been used in the Dodgers’ four playoff victories so far.

In Game 3, top starter Yoshinobu Yamamoto gets the call after he did not allow an earned run in 6 2/3 innings against the Cincinnati Reds in the wild-card round. Yamamoto was 12-8 with a 2.49 ERA in 30 regular-season starts.

The right-hander’s only start against the Phillies in two seasons came in April when he gave up an unearned run over six innings and was left with the loss.

The Phillies have received strong starting pitching over two games with nothing to show for it. Philadelphia also has bullpen concerns after its relievers gave up five runs in the past two games.

On offense, Bryce Harper and Kyle Schwarber are a combined 1-for-14 with eight strikeouts. Schwarber’s issues go back to the regular season after he batted .204 with 36 strikeouts over 25 September games, although he did hit seven home runs.

“It’s kind of weird and crazy to see there’s only been one homer hit in the first two games,” Harper said. “Pitching has been good on both sides. I think there’s been maybe two guys that have kind of played well on both sides.”

After using a pair of left-handed starters in the opening two games of the NLDS, the Phillies now turn to right-hander Aaron Nola, who was 5-10 with a career high 6.01 ERA in 17 regular-season starts after dealing with ankle and rib cage injuries.

Left-handed starter Ranger Suarez will be available to back up Nola.

In 12 career regular-season starts against the Dodgers, Nola is 3-3 with a 4.31 ERA and is 1-1 with a 3.76 ERA in four starts at Dodger Stadium.

To give the series an entirely different look, the Phillies received approval from MLB to wear their powder blue throwback road uniforms on Wednesday.

“They like playing in them so we had to go through a lot of hoops with Major League Baseball just to get it cleared,” Phillies manager Rob Thomson said.

Dodgers third baseman Max Muncy will make his first start of the series, while catcher Will Smith (hand) is a possibility to make his first start of the postseason. — Reuters

Yankees wipe out Blue Jays’ 5-run lead, stay alive in ALDS

NEW YORK — Aaron Judge hit a tying three-run homer in the fourth inning, Jazz Chisholm, Jr. socked a go-ahead solo homer in the fifth and the New York Yankees avoided elimination in the American League Division Series (ALDS) with a 9-6 victory over the Toronto Blue Jays in Game 3 on Tuesday.

The Yankees stormed back from a 6-1 deficit through 2 1/2 innings thanks to the homers from Judge and Chisholm off Louis Varland (0-1).

New York forced Game 4 at Yankee Stadium on Wednesday, when rookie Cam Schlittler will start for the hosts while the Blue Jays are expected to use a bullpen game.

New York also overcame Vladimir Guerrero, Jr.’s third homer of the series. Guerrero went deep on Carlos Rodon’s 2-0 changeup three batters into the contest and scored on a headfirst slide on a single by Ernie Clement in Toronto’s four-run third.

The Blue Jays led 6-3 with one out in the bottom of the fourth when New York’s Austin Wells reached on a fielding error by third baseman Addison Barger. Trent Grisham walked, and Varland replaced Mason Fluharty on the mound.

Judge swung and missed at a 100 mph fastball for an 0-2 count and took a timeout. On the next pitch, the AL batting champion and two-time MVP hit a fastball off the left field foul pole to forge a 6-6 tie.

It was Judge’s 17th career postseason homer. Before connecting, Judge was seen consulting with Giancarlo Stanton in the dugout during the pitching change.

Judge ended the night 3-for-4 with a walk, his second career three-hit game in the postseason. He set a career playoff high with four RBIs.

After Varland fanned Stanton for the first out of the fifth, Chisholm sent a 1-1 fastball into the second deck of the right field seats for a 7-6 lead.

Wells added an RBI single later in the inning. In the sixth, Judge was intentionally walked with the bases empty and one out. After Cody Bellinger doubled Judge to third, Ben Rice lifted a sacrifice fly. — Reuters