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Hong Kong leader orders independent probe into fire that killed 151

A DRONE view shows flames and thick smoke rising from the Wang Fuk Court housing estate during a major fire in Tai Po, Hong Kong, China, Nov. 27. — REUTERS/TYRONE SIU

HONG KONG — Hong Kong’s leader said on Tuesday an independent committee would be established to investigate the cause of the city’s deadliest fire in decades, including oversight of renovations blamed for the disaster that has claimed 151 lives.

Police have arrested 13 people for suspected manslaughter in a criminal investigation into last week’s disaster, and the anti-corruption body has also arrested 12 people in a probe into possible graft. It is unclear if any of those people were arrested on both counts.

Authorities have pointed to substandard plastic mesh and insulation foam used during renovation works at Wang Fuk Court as fueling a blaze that quickly spread to seven high-rise towers, home to more than 4,000 people.

“In order to avoid similar tragedies again, I will set up a judge-led independent committee to examine the reason behind the cause and rapid spreading (of the fire) and related issues,” John Lee, Hong Kong’s chief executive, told a news conference.

Investigators have combed all but two of the seven burnt-out towers, finding bodies of residents in stairwells and on rooftops, trapped as they tried to flee the flames. Around 30 people are still missing.

With pockets of public anger simmering, some groups have called for more transparency and accountability, amid warnings from Beijing and Hong Kong that any attempts to politicize the disaster would be severely punished.

Asked about the detention of a student from one of the groups, and two others who media reported are being investigated for possible sedition, Mr. Lee said: “I will not tolerate any crimes, particularly crimes that exploit the tragedy that we are facing now.” He did not comment on the specific cases.

Amnesty International and Human Rights Watch have both issued statements criticizing the reported arrests.

“Now is the time for the Hong Kong authorities to transparently investigate the causes of the devastating fire…rather than silencing those who ask legitimate questions,” Amnesty International said.

China’s national security office has warned individuals against using the disaster to “plunge Hong Kong back into the chaos” of 2019, when massive pro-democracy protests challenged Beijing and triggered a political crisis.

“We sternly warn the anti-China disruptors who attempt to ‘disrupt Hong Kong through disaster’,” the office said in a statement. “No matter what methods you use, you will certainly be held accountable and strictly punished.”

Legislative elections due to take place on Sunday will go ahead as planned, Lee said.

RESIDENTS WARNED OF FIRE RISKS
Residents of Wang Fuk Court were told by authorities last year they faced “relatively low fire risks” after complaining about fire hazards posed by the renovations, the city’s Labor Department said.

The residents raised concerns in September 2024, including about the potential flammability of the mesh that contractors used to cover the scaffolding, a department spokesperson said.

Tests on several samples of a green mesh that was wrapped around bamboo scaffolding on the buildings at the time of the blaze did not match fire retardant standards, officials overseeing the investigations told a news conference on Monday.

Contractors working on the renovations used these substandard materials in hard-to-reach areas, effectively hiding them from inspectors, Chief Secretary Eric Chan said.

Foam insulation used by contractors also fanned the flames and fire alarms at the complex were not working properly, officials have said.

Thousands of residents have turned out to pay tribute to the victims, who include at least nine domestic helpers from Indonesia and one from the Philippines. Vigils are also due to take place this week in Tokyo, Taipei, and London.

SEARCH MOVES TO WORST AFFECTED BUILDINGS
The remaining buildings being scoured for remains are the worst damaged and the search may take weeks, authorities have said.

Images shared by police showed officers clad in hazmat suits, face masks and helmets, inspecting rooms with blackened walls and furniture reduced to ashes, and wading through water used to douse fires that raged for days.

More than 60 pets, including 34 cats, 12 dogs and 7 turtles, perished in the fire, the Society for the Prevention of Cruelty to Animals said. More than 200 were rescued.

The apartment blocks were home to more than 4,000 people, according to census data, and those that escaped must now try to get their lives back on track.

Nearly 1,500 people have been moved out of evacuation centers into temporary housing, with a further 945 put up in youth hostels and hotels, authorities said.

With many residents leaving behind belongings as they fled, authorities have offered emergency funds of HK$10,000 ($1,284) to each household and provided special assistance for issuing new identity cards, passports and marriage certificates.— Reuters

US Senate panel looks to fast-track NASA nominee

Painting of the NASA logo, also called the meatball, continues on the 525-foot-tall Vehicle Assembly Build ing (VAB) at the agency’s Kennedy Space Center in Florida on June 23, 2020. — NASA/BEN SMEGELSKY

WASHINGTON — The US Senate Commerce Committee said on Monday it plans to hold a December 8 vote on President Donald Trump’s nomination of Jared Isaacman, the private astronaut and ally of billionaire SpaceX founder Elon Musk, for the post of NASA administrator.

Mr. Isaacman’s nomination was withdrawn in June but Mr. Trump last month renominated him. Mr. Isaacman, an e-commerce mogul who flew to orbit twice on all-private astronaut missions as a customer and collaborator with SpaceX, faces a second confirmation hearing before the committee on Wednesday.

Mr. Isaacman’s nomination was withdrawn five months ago amid a high-profile falling-out between Mr. Trump and Mr. Musk. Sean Duffy, the head of the US Department of Transportation, was named interim NASA chief in July.

At the time, NASA’s workforce of 18,000 and the space industry at large were being whipsawed by looming layoffs and proposed budget cuts threatening cancellation of dozens of US science programs. Nearly 4,000 NASA employees took buyouts the Trump administration offered in January and April.

The return of Mr. Isaacman as Mr. Trump’s nominee to fill the NASA vacancy on a permanent basis came about two weeks after Mr. Duffy said he was inviting other companies to compete with SpaceX for the agency’s marquee lunar landing contract, leading to a public dispute between Mr. Duffy and Mr. Musk over who should be leading the space agency.

Mr. Duffy said earlier that SpaceX’s development of its next-generation moon rocket, Starship, was falling behind schedule and could undermine NASA’s goal of returning humans to the lunar surface under the agency’s Artemis program, an effort rivaling China’s lunar ambitions.

The committee has also scheduled votes on December 8 for John DeLeeuw, managing director of safety and efficiency for American Airlines and a Boeing 787 captain, to serve on the National Transportation Safety Board as well as for a new term for NTSB board member Michael Graham.— Reuters

Why your holiday trip with the squad should be at Astoria Current

Getting pumped over your next holiday trip with your friends? This is your sign to take your much-anticipated holiday to the vibrant Astoria Current! Located in the lively Station 3 of Boracay Island, this resort welcomes every group of friends to their beachside home for days filled with nothing but fun, laughter, and pure relaxation. 

Home Base for the Barkada!  

Let the excitement start straight from Astoria Current’s colorful rooms. With more than 200 spaces available, there is surely a perfect one for you and your squad!  

For comfort without the hefty price tag, you may choose between their Standard Room, Superior Room, Deluxe Room, Deluxe Pool View Room, Premier Room, or Superior Deluxe Room. Ranging from 30-35 square meters in size, each option offers the comforts of home with complete room amenities. 

If you are planning to swim to your heart’s content, then booking the 30-square meter Deluxe Pool Side Room is a no-brainer. With the resort’s most famous amenities right outside of your doorstep, you will surely have the grandest time. 

If indulging in much-needed rest is your squad’s goal for the trip, then you should definitely choose Astoria Current’s One- or Two-Bedroom Suite. Extremely spacious at 53 to 85 square meters, the whole group will surely experience comfort at its finest! 

Unpack, relax, and let the island pace take over!   

Hit the Gym with Your Buddies! 

If staying active is part of the plan, Astoria Current is ready. Head to their modern and well-kept gym for a quick cardio run or a simple strength session. Stretch, breathe, and begin the day strong. It is a small but meaningful routine that builds the kind of energy friends share all day.   

R&R? Yes, Please!  

After a workout session, make sure to pamper yourself with a relaxing treatment, too. Astoria Current is equipped with its very own in-house spa and sauna, so you and your closest friends can enjoy some R&R! If you are too tired from exploring the island, you may also call their team and just request for massage services straight from the comforts of your room. 

Splash Right into the Fun!  

 

Upon entering the resort, you will be greeted by the gorgeous lap pool equipped with jacuzzi loungers and kiddie pool at the far end. Walk further down the property and you will find yet another charming pool that is triangular in shape! Start with a dip, cool down between beach walks, and circle back after sunset for one last swim.  

Make It a Cheat Day!    

No vacation is complete without amazing food! Great thing Astoria Current not only has one, but three, dining outlets to cater to hungry travelers like you. Its main restaurant, Parasol, offers a wide variety of dishes that please every palate, from savory Filipino favorites to international comfort food. It also features breakfast, lunch, and dinner buffets for days when you want to indulge a bit more. If refreshing drinks and small bites by the pool are your preferences, then you will surely love Citrine. But if sipping on cocktails and special beverages while watching the sunset is what you are looking for, then make sure to stop by the resort’s rooftop bar, Stratos! 

Special Milestone in Paradise 

If you are planning to throw a big celebration – whether for the holidays or for a special occasion – then you are in luck! The resort is equipped with its very own function rooms for events of all sizes! For big affairs, the 247-square meter Dreamscape Hall is perfect with a seating capacity of up to 140 guests. For events of smaller scale, choose the 223-square meter Bright Horizon Hall, which can accommodate up to 80 attendees.   

But First, Selfie! 

Astoria Current is bold and bright, with playful corners and flattering light. Stairways, pool edges, and beachfront paths turn into instant backdrops. Golden hour is generous here, and group shots come out as happy as the day felt. 

Let’s Go to the Beach!     

The shore is just a few steps away, thanks to Astoria Current’s beachfront location. Make sure to swim when the water turns bright turquoise and walk the shoreline as the sky warms to gold. Because of its prime location in the heart of Station 3, its area is buzzing with shops, bars, and dining outlets which you and the squad will surely enjoy!  

Ask their team to help map out a full day: snorkeling spots, a food trip in town, paraw sailing at dusk, or a simple beach picnic. 

Have the Time of Your Life! 

Astoria Current is more than a resort. It is a beachside home where friends create priceless memories and celebrate the holidays in style. The island is ready, and Astoria Current’s doors are open. 

Book your holiday now via www.astoriacurrent.com or reach out to their team via:
Email: rsvn@astoriacurrent.com
Mobile: (+63) 998-968-1265  

A world of endless fun and memories await you at Astoria Current! 

 


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White House defends US attack on boat from Venezuela as lawful

VENEZUELAN FLAG flutters outside the Torrejon de Ardoz Air Force Base outside Madrid, Spain, Sept. 8, 2024. — REUTERS

WASHINGTON — The White House on Monday defended a US admiral’s decision to conduct multiple strikes on an alleged Venezuelan drug-smuggling vessel in September, saying he had Defense Secretary Pete Hegseth’s authorization, even as critics questioned the legality of a strike on survivors.

The Washington Post had reported that a second strike was ordered to kill two survivors from the initial strike and to comply with an order by Mr. Hegseth that everyone be killed.

President Donald Trump said on Sunday that he would not have wanted a second strike on the boat and said Mr. Hegseth denied giving such an order.

But White House spokeswoman Karoline Leavitt said on Monday that Mr. Hegseth had authorized Admiral Frank Bradley to conduct the strikes on September 2.

“Secretary Hegseth authorized Admiral Bradley to conduct these kinetic strikes. Admiral Bradley worked well within his authority and the law directing the engagement to ensure the boat was destroyed and the threat to the United States of America was eliminated,” Ms. Leavitt said.

Ms. Leavitt said the strike was conducted in “self defense” to protect US interests, took place in international waters and was in line with the law of armed conflict.

“This administration has designated these narco terrorists as foreign terrorist organizations,” Ms. Leavitt said.

Starting in September, the US military has carried out at least 19 strikes against suspected drug vessels in the Caribbean and off the Pacific coasts of Latin America, killing at least 76 people.

Critics have questioned the legality of the strikes, and both Republican and Democratic lawmakers have pledged to look into them.

International humanitarian law prohibits attacks on incapacitated combatants. The Defense Department’s Law of War Manual states that shipwrecked persons cannot be knowingly attacked and must receive medical care unless they act with hostility or attempt escape.

George Washington University law professor Laura Dickinson said most legal experts do not believe the boat strikes qualify as armed conflict, so lethal force would only be allowed as a last resort.

“It would be murder outside of armed conflict,” she said. Even in war, the killing of survivors “would likely be a war crime.”

A group of former military lawyers, the JAGs Working Group, called the order “patently illegal,” saying service members have a duty to disobey it and that anyone who complies should be prosecuted for war crimes.

On X, Mr. Hegseth defended Mr. Bradley, calling him “an American hero” and saying he has his “100% support.”  Mr. Hegseth said he stands by Mr. Bradley’s combat decisions “on the September 2 mission and all others since.”

Mr. Trump on Monday discussed with top advisers the pressure campaign against Venezuela, among other topics, a senior US official said.

US OPTIONS INCLUDE EFFORT TO OUST MADURO
Mr. Trump has flagged the possibility of US military intervention in Venezuela. On Saturday, he said the airspace above and surrounding Venezuela should be considered “closed in its entirety,” but gave no further details, stirring anxiety and confusion in Caracas.

Mr. Trump confirmed on Sunday that he had spoken to Venezuelan President Nicolas Maduro, whom the US considers an illegitimate leader, but Mr. Trump declined to provide details of the conversation.

The Trump administration has been weighing options to combat what it has portrayed as Mr. Maduro’s role in supplying illegal drugs that have killed Americans. Mr. Maduro has denied having any links to the illegal drug trade.

Reuters has reported the options under US consideration include an attempt to overthrow Mr. Maduro, and that the US military is poised for a new phase of operations after a massive military buildup in the Caribbean and nearly three months of strikes on suspected drug boats off Venezuela’s coast. Mr. Trump also has authorized covert CIA operations in the country.—Reuters

Australian teen challenging social media ban says internet will be less safe

PIXABAY

SYDNEY — A teenager suing the Australian government to overturn a ban on social media for under-16s says the measure would make the internet more dangerous for young people and be widely circumvented.

Noah Jones, 15, is a co-plaintiff in a High Court case against Communications Minister Anika Wells and eSafety Commissioner Julie Inman Grant.

The law, due to take effect on December 10, would block minors from platforms such as Meta’s Instagram, TikTok, and Snap’s Snapchat. The government says the ban will protect children from harmful content and online predators.

Jones argues the policy will isolate teens and push them into riskier behavior.

“We should be cutting off the bad things about social media,” he told Reuters from his home in Sydney. “When kids do things in secret, that’s when things can be really harmful.”

Mr. Jones said social media is essential for staying connected and sharing ideas, likening it to a modern-day town square.

“I have almost all the people in my year on Snapchat. It’s a light way of being connected. Most people will get quite separated,” he said.

Mr. Jones warned the ban would create a “social divide” between those who evade restrictions and those who do not. “I most likely will get around the ban. I know a lot of my mates will,” he said.

Mr. Jones said parents, not the government, should decide how children use social media.

The Communications Minister and eSafety Commissioner were not immediately available for comment. Wells has said the government stands by the law regardless of any legal challenges.

The lawsuit, which includes another 15-year-old student, argues the ban infringes constitutional rights and should be replaced with targeted measures against cyberbullying and predatory behavior. It is backed by an advocacy group run by a Libertarian Party member of the New South Wales state parliament.

The case has yet to be scheduled for hearing. — Reuters

Macron heads to China as Europe walks tightrope between rivalry and reliance

FRENCH PRESIDENT EMMANUEL MACRON — REUTERS

PARIS — French President Emmanuel Macron will travel to China this week for his fourth state visit, as Europe seeks to balance economic and security threats from Beijing with reliance on the world’s second-largest economy during a time of global trade turmoil.

Mr. Macron in the past has sought to project a robust European front in dealing with China, while being careful not to antagonize Beijing, whose growing assertiveness is testing trade, security and diplomatic ties, analysts say.

“He must make clear to China’s leadership that Europe will respond to growing economic and security threats from Beijing, while preventing an escalation of tensions that leads to a full-blown trade war and diplomatic breakdown,” Noah Barkin, a China analyst with Rhodium Group, told Reuters.

“This is not an easy message to deliver,” he said.

CHINESE EXPORTS HAMMERING EUROPEAN INDUSTRY
Mr. Macron, who will start his trip with a visit to Beijing’s Forbidden City on Wednesday, will meet President Xi Jinping on Thursday in the capital and again on Friday during a trip to Chengdu, in southwestern Sichuan province.

His visit comes after a tense trip by European Commission President Ursula von der Leyen in July, when she said ties between the EU and China were at an “inflection point.”

British Prime Minister Keir Starmer and German Chancellor Friedrich Merz will visit early next year.

Trade tensions between China and Europe have risen as cheap Chinese exports, in the steel sector in particular after being shut out of the US market, are hammering swathes of European industry.

There is also anxiety in Europe at China’s growing technological superiority in the electric vehicle (EV) sector and its dominance in rare earths processing, which could threaten supplies for critical European industries.

With Washington’s tariffs squeezing global trade, Beijing is seizing the opportunity to present itself as a partner for business – hoping to mollify European concerns over China’s backing for Russia and its state-subsidized industrial model.

Ahead of the trip, Mr. Macron’s advisers said he would push for a rebalancing of trade dynamics so that China boosts domestic consumption and hoped the “gains from innovation could be shared”, so that Europe gets access to Chinese technology.

To combat growing concern over China trade, the European Union is expected to unveil a new economic security doctrine that could see the bloc deploy its toolbox of trade instruments in a more aggressive way towards China.

France, whose carmakers have negligible sales in China but are under pressure to succeed in their transition to EVs at home, backed a European Commission push to raise tariffs on Chinese electric car imports.

It also got embroiled in a dispute with Beijing for more than a year over a Chinese investigation into brandy imports, a move widely seen as Chinese retaliation for French support of the EV tariffs, before being offered a respite.

Despite recently opening a new assembly line in China, Airbus is unlikely to clinch a long-anticipated order of up to 500 jets during Mr. Macron’s visit, industry sources said. Such deals give Beijing leverage over Washington, which is pressing for fresh Boeing purchase commitments.

MACRON CANNOT AFFORD TO GO ROGUE
Mr. Macron will also be keen not to repeat the missteps of his last trip in 2023, when his remarks on Taiwan in an interview on his flight back home caused a backlash in the United States.

“Macron cannot allow himself to go rogue as in 2023,” Mr. Barkin said, adding the comments, in which he seemed to refuse to pick sides between China and the US, had “painted a misleading picture about where French policy towards China really was.”

French advisers said Mr. Macron would push for maintaining the status quo on Taiwan and urge China not to escalate, following recent Japanese comments on the island that triggered a diplomatic spat with Beijing.

“I expect him to be more disciplined this time,” Mr. Barkin said. “There is much more at stake for France and for Europe.” — Reuters

Philippines celebrates ‘heroic’ helper who survived Hong Kong fire

Rhodora Alcaraz in a news release photo from the Overseas Workers Welfare Administration (OWWA).— OWWA FB PAGE

MANILA/HONG KONG – A Filipino domestic helper has been hailed as a hero after emerging from a deadly Hong Kong tower fire with her employer’s three-month-old baby and elderly mother.

Just a day after arriving in the city, Rhodora Alcaraz, 28, found herself trapped and alone with her new employer’s loved ones in the family’s smoke-filled Wang Fuk Court apartment before being rescued by firefighters just in time, according to accounts of her ordeal shared by her family and friends.

Ms. Alcaraz’s story has for some highlighted the enduring role of the city’s hundreds of thousands of domestic helpers who cook, clean and care for the young and elderly, often living in cramped spaces and earning modest wages in one of the world’s most expensive cities.

“I salute you, Rhodora, and all overseas foreign workers who continue to sacrifice for their families even while far from home,” Senator Imee Marcos, the sister of the Philippines president, said in a Facebook post on Sunday after visiting Alcaraz in hospital.

She posted a photo of Ms. Alcaraz lying in a hospital bed wearing a purple gown and a face mask and giving a thumbs-up.

“A true modern-day hero and a model of compassion and courage of Filipinos in a foreign land,” the government’s Overseas Workers Welfare Administration (OWWA) wrote in a Facebook post on Saturday, prompting hundreds of comments from well-wishers.

Her employer’s baby and mother were also admitted to intensive care but were in a stable condition, her employer Kanon Chung said in a Facebook post.

FORMER EMPLOYER PRAYED FOR MIRACLE
Panicked audio messages Ms. Alcaraz sent to her sister during Wednesday’s blaze – that killed at least 151 people – went viral after they were shared online by family and friends trying to locate her in the chaotic aftermath.

“I’m feeling very weak. I can’t breathe,” she said in one of the clips, sobbing and struggling to speak.

Rhoda Lynn Dayo, Alcaraz’s former employer, was among those trying to reach people in Hong Kong to help establish her whereabouts, she said.

“I truly expected that she wouldn’t be found anymore. So I prayed: Please God … Perform a miracle, Lord,” she said.

Ms. Alcaraz, known by the nickname Jackie, had cared for Ms. Dayo’s children from the age of 17 for more than four years back in the Philippines.

She was so trusted by the family that Ms. Dayo said she was comfortable leaving her children with Alcaraz even when she had to travel to the US.

“The way she cared for the kids was different – there was real love … I don’t doubt that she would put her life on the line for the child she was caring for,” Ms. Dayo said.

Nine Indonesian domestic workers and one Filipino are confirmed among the dead at Wang Fuk Court, the city’s deadliest fire in more than 75 years. More than 40 people remain missing.

There are around 368,000 foreign domestic helpers in Hong Kong, according to the latest figures, accounting for nearly a tenth of the workforce. The majority come from the Philippines and Indonesia, and in recent years there have been increasing numbers from Bangladesh, Myanmar and Thailand.

Like many of her peers, Ms. Alcaraz – who has eight siblings – decided to work overseas to earn higher wages she could send back home to support her family.

She worked for two years in Qatar, before taking up the job in Hong Kong.

“We are poor. Our father is just a fisherman, that is why she decided to work abroad to help the family,” Ms. Alcaraz’s younger sister, Raychell Loreto, told Reuters.

“We are so proud of our sister,” she added. — Reuters

Manufacturing PMI falls to 4-year low

Workers assemble shoes at a warehouse in Marikina City, July 9. — PHILIPPINE STAR/MIGUEL DE GUZMAN

By Aubrey Rose A. Inosante, Reporter

PHILIPPINE FACTORY ACTIVITY fell sharply in November — the steepest drop in over four years — as output and new orders declined amid weather disruptions.

S&P Global Philippines Manufacturing Purchasing Managers’ Index (PMI) slumped to 47.4 in November, a reversal from the 50.1 in October.

In a report, S&P Global said this signaled the “strongest deterioration” in operating conditions in the Philippine manufacturing sector since the 46.4 reading in August 2021.

“Output and new orders contracted at their fastest rates since August 2021, driven by weak customer demand. Exports, purchasing and employment also declined, reflecting broader challenges in the sector,” Trevor Balchin, economics director at S&P Global Market Intelligence, said.

The headline PMI is a composite indicator of manufacturing performance. A PMI reading below 50 indicates an overall deterioration in operating conditions compared to the previous month, while a reading above 50 indicates better operating conditions.

The Philippines was the only country in the Association of Southeast Asian Nations (ASEAN) that saw a deterioration in manufacturing activity in November. ASEAN PMI rose to 53 in November from 52.7 in October, as new orders and production further accelerated.

Based on S&P ASEAN PMI data, Thailand recorded the highest PMI reading at 56.8, followed by Vietnam (53.8), Indonesia (53.3), Myanmar (51.4), and Malaysia (50.1).

In August, the US began imposing a 19% reciprocal tariff on many goods from the Philippines, Cambodia, Malaysia, Thailand and Indonesia.

S&P Global said Philippine manufacturers saw new orders drop for a third straight month, and at the fastest rate since August 2021. This was attributed to “weak customer demand and reduced requirements due to product life cycle changes.”

It noted new export orders fell for the second straight month, and at steepest pace since September 2024.

“Production followed the same trend as new orders in November, falling for the third month running and at the fastest rate since August 2021. Many businesses also noted that the typhoon had caused disruptions to business activities,” it said.

S&P Global said the sharp drop in new orders led to a decline in purchasing activity for a second month in a row. This prompted firms to reduce their inventory for the first time in five months.

“The rate of destocking was the fastest in just over five years. Meanwhile, suppliers’ delivery times were shortened for the first time since April 2024, albeit only slightly,” it added.

Manufacturers also reduced staff for the first time since May.

“The overall rate of job shedding was only marginal, but the fall was linked to layoffs and the non-renewal of contracts. Backlogs rose for the first time in three months, and stocks of finished goods were depleted at the fastest rate in nearly a year,” S&P Global said.

Inflationary pressures were subdued in November, mainly due to lower demand for raw materials.

“Input price inflation eased to a four-month low, remaining well below the long-term trend, while output prices rose slightly,” Mr. Balchin said.

Despite the decline in new orders, manufacturers were confident of output growth over the next 12 months. S&P Global noted that overall sentiment was the strongest since November 2024.

“There were signs of promise, however, as manufacturers expressed increased optimism for the next 12 months, anticipating growth due to new projects and improved economic conditions,” Mr. Balchin said.

“Overall, while the manufacturing sector faces immediate challenges, the outlook suggests cautious optimism for growth moving forward,” he added.

Meanwhile, analysts said the slump in manufacturing activity can be attributed to the typhoons and earthquakes that hit parts of the country in November.

S&P Global Market Intelligence Economics Associate Director Jingyu Pan said the decline in local factory output in November is likely temporary, driven by severe weather rather than a broader weakening in demand.

“As we delve into the comments coming through from manufacturers from whom we collect the survey responses, it does appear that the back-to-back typhoons that has hit in November has actually really been quite impactful for the Philippines,” she said in an interview on Money Talks with Cathy Yang on One News on Monday.

The multiple storms that hit the country have slowed demand and disrupted factory operations, she said.

Ms. Pan said she expects factory activity to recover in December as the impact of weather disruptions dissipate.

“Still relatively softer local manufacturing PMI still largely attributed to the weather-related disruptions particularly the spillover effects of the series of storms and earthquakes that reduced working days for some local manufacturers, thereby reducing their production,” Rizal Commercial Banking Corp. Chief Economist Michael L. Ricafort said.

Mr. Ricafort said November is usually the tail end of seasonal importation and production ahead of the holiday period.

He also noted the peso’s slide to a record low last month raised import costs, though this was partly offset by the Bangko Sentral ng Pilipinas’ recent rate cut.

John Paolo R. Rivera, a senior research fellow at the Philippine Institute for Development Studies, said some firms may have scaled back production due to recent economic uncertainty and the slowdown in government projects.

“Some manufacturers are also adjusting inventories more cautiously as they wait for clearer signals on demand heading into 2025,” he said.

Mr. Rivera warned that the slowdown in manufacturing could continue in December and early 2026 if business confidence remains weak and the peso remains volatile.

“But a recovery is still possible if holiday spending gives a short-term boost and if government spending normalizes soon. Firms will continue to be cautious until they see stronger, more stable demand and a clearer policy environment,” he said.

Meanwhile, Economy Secretary Arsenio M. Balisacan said the Philippine manufacturing sector continues to grapple with high business costs, particularly due to infrastructure gaps.

“We talked about digital connectivity, but also our physical infrastructure, transport, power. We have those challenges. That’s why in the last couple of years, our task was to increase the level of spending on our infrastructure, particularly quality infrastructure,” he said at a year-end press chat on Monday.

Another hurdle for the government is ensuring efficient use of funds, noting that 5-6% of gross domestic product may not be reaching intended projects due to corruption.

Philippines to miss GDP growth target for 3rd year in a row

Christmas decorations are on sale at the Dapitan tiangge in Quezon City, Nov. 29. — PHILIPPINE STAR/MIGUEL DE GUZMAN

THE PHILIPPINES is unlikely to hit even the low end of the government’s growth target this year, as bad weather and a corruption scandal weigh on economic activity, Department of Economy, Planning, and Development (DEPDev) said on Monday.

Economy Secretary Arsenio M. Balisacan conceded that this year’s 5.5-6.5% gross domestic product (GDP) growth target is out of reach.

“Honestly, that’s very unlikely now. We need to grow roughly 7% in the fourth quarter to achieve a 5.5% growth for the year. Given the situations and data that are coming out, that’s quite unlikely,” he said in a year-end press chat.

This will be the third straight year that the Philippines will miss its GDP growth target.

Mr. Balisacan said the Development Budget Coordination Committee (DBCC) is set to meet on Dec. 9 to review the macroeconomic assumptions and targets.

“Our DBCC is meeting to assess the situation, particularly given the recent developments in the third-quarter performance and what’s emerging in the fourth quarter. Those will be taken into account in setting a target for 2026,” he said.

The Marcos administration has been under pressure after a corruption scandal involving public works projects has dampened government spending and shaken investor and consumer confidence.

Third-quarter GDP grew by 4%, the slowest in over four years, bringing the nine-month average to 5%.

Last month, S&P Global Ratings cut its 2025 growth forecast to 4.8%, while the ASEAN+3 Macroeconomic Research Office trimmed its projection to 5.2%.

Mr. Balisacan said he is hoping the economy has seen the worst in the third quarter as President Ferdinand R. Marcos, Jr. instructed agencies to ramp up their spending.

However, he said the full-year GDP growth may still reflect cautious spending by infrastructure-related agencies in the fourth quarter, although the impact is expected to be less pronounced than in the third quarter.

Mr. Balisacan said the nine-month average growth of 5% is still “quite respectable.”

“That still places us something like in the middle of the pack among our neighbors. But hopefully, our intention is to move back to the top tier of these Asian countries next year,” he said.

Even though economic growth may have slowed, Mr. Balisacan said the Philippines remains one of the best-performing economies in the region.

“Don’t be misled by just looking at one quarter, because the economy goes through cycles. We are probably in this part of the cycle, and obviously instigated by these developments related to our governance issues,” he said.

Mr. Balisacan also said major political uncertainty is a deterrence to economic growth but noted that the rule of law needs to be respected.

“We have a constitution. We have rule of law. And we need to abide by those rules. Otherwise, the investing community and the public will not see certainty in the future,” he said.

Amid the flood control controversy, Mr. Balisacan said DEPDEv’s Regional Project Monitoring Committees have already validated 9,290 of 9,855 flood control projects nationwide through the Rapid On-Site Verification Report (ROVeR). The final reports will be submitted to the Office of the President.

He said the DEPDEV is preparing an executive report to guide the administration in navigating governance challenges and the path forward in 2026.

“This report will feature economic analysis, scenarios and policy options, as well as strategic proposals for institutional strengthening to protect our economy’s hard-won gains,” he said.

The document will be released to the public after discussions with the President and Cabinet.

2026 ASEAN CHAIRMANSHIP
Meanwhile, Mr. Balisacan expects a surge in tourism when it assumes the chairmanship of the Association of Southeast Asian Nations (ASEAN) in 2026.

“We surely take advantage of that position of being the chair because the attention of the world will be with us, focus on us, so we need to seize that moment of opportunity,” he said.

He said the government is aligning infrastructure programs to meet the “experiential needs” of visitors, aiming to bolster confidence in the country as a destination for tourists and investors.

Mr. Balisacan clarified that these infrastructure projects for the 2026 ASEAN Summit had no delays and were planned two years ago.

“The projects, particularly transport projects, most of these are ODA (official development assistance)-funded, and ODA projects were not affected at all by these controversies. There were no delays in the implementation of these projects,” he said.

Economy Undersecretary Rosemarie G. Edillon said hosting major international events has historically lifted the country’s growth.

“We hosted the APEC (Asia-Pacific Economic Cooperation), and we saw that the sectors of transport, communication, hotel, restaurant and accommodation, and then the export of services, which is really to do with international travel, actually grew double digits at that time,” she said in the same panel.

UMIC STATUS
The Philippines is still on track to graduate to upper middle‑income country status (UMIC) next year, Mr. Balisacan said.

However, this will depend on the World Bank which may set new thresholds in July 2026, as well as the exchange rate, inflation and exchange rate, he added.

The World Bank’s latest country income classification showed the Philippines remained a lower middle-income country with a gross national income (GNI) per capita of $4,470. This was higher than its GNI per capita of $4,230 in the previous year.

The World Bank classifies a country as lower middle-income if the GNI per capita level is between $1,136 and $4,495.

The Philippines’ GNI per capita was only $26 shy of the World Bank’s adjusted GNI per capita requirement of $4,496-$13,935 to become a UMIC. — Aubrey Rose A. Inosante

DEPDev says 3 flagship infrastructure projects completed by yearend

The Central Luzon Link Expressway, a 29.2-kilometer highway connecting Tarlac City to Cabanatuan City. — DPWH

THE PHILIPPINE GOVERNMENT expects to complete three additional infrastructure flagship projects (IFPs) by yearend, the Department of Economy, Planning, and Development (DEPDev) said.

“All are expected to be completed within the year,” Economy Undersecretary Joseph J. Capuno said during the agency’s year-end press chat on Monday.

The Central Luzon Link Expressway Phase 1 is a 30-kilometer (km) four-lane expressway that connects Tarlac City to Cabanatuan in Nueva Ecija.

Another project is the North Luzon Expressway (NLEX)-South Luzon Expressway Connector Road, 7.7-km four-lane elevated expressway that extends the NLEX from the end of Segment 10 in C3 Road, Caloocan City to the Polytechnic University of the Philippines in Sta. Mesa, Manila.

Lastly, the 1.34-km-long Davao River Bridge or Bucana Bridge that will connect the eastern and western coastal areas of Davao City.
As of the third quarter, DEPDev said the government currently has 209 projects worth P10.52 trillion in total project cost. The bulk or 140 of these flagship projects are related to physical connectivity.

DEPDev said that there are 79 projects that are still ongoing. Of this, 40 IFPs are expected to be completed by 2028 and 39 projects to be completed beyond 2028.

DEPDev said it completed seven projects with P68.65 billion including the Arterial Road Bypass Project Phase III, Flood Risk Improvement and Management Project for Cagayan de Oro River, Pasig-Marikina River Channel Improvement Project, Phase V and more. — ARAI

Aboitiz-led consortium secures PCC nod for CBK hydro acquisition

CBKPOWER.COM

ABOITIZ-LED Thunder Consortium has secured approval from the Philippine Competition Commission (PCC) for the acquisition of the P36-billion Caliraya-Botocan-Kalayaan (CBK) hydroelectric power plant (HEPP) complex in Laguna.

The PCC greenlighted the consortium’s acquisition of the 797-megawatt (MW) complex from state-run Power Sector Assets and Liabilities Management Corp. (PSALM) following the July bidding, Aboitiz Power Corp. (AboitizPower) said in a regulatory filing on Monday.

The winning bidder, Thunder Consortium, comprises Aboitiz Renewables, Inc., Sumitomo Corp., and Electric Power Development Co.

Aboitiz Renewables holds AboitizPower’s investments and interests in various renewable energy projects, including geothermal, large hydro, run-of-river hydro, wind, battery energy storage systems, and solar projects.

The CBK complex includes the 39.37-MW Caliraya HEPP in Lumban, the 22.91-MW Botocan HEPP in Majayjay, and the 366-MW Kalayaan I and 368.36-MW Kalayaan II pumped-storage plants, all in Laguna.

The hydro assets are under a 25-year build-rehabilitate-operate-transfer agreement between CBK Power Co. Ltd. and the National Power Corp.

PSALM is targeting turnover of the power plant in February 2026.

AboitizPower Chief Financial Officer Juan Alejandro “Sandro” A. Aboitiz earlier said the consortium expects to close the financial deal before the end of the year.

“The expectation is that when the asset gets turned over to us, it’s contributing earnings to us immediately,” he said.

AboitizPower holds an attributable net sellable capacity of 5,284 MW as of May 2025, including 1,187 MW of renewable energy and 4,097 MW of thermal capacity.

The company aims to expand total capacity to 9.2 gigawatts by 2030, targeting a 50:50 mix of renewable and thermal energy. — Sheldeen Joy Talavera

NexGen unit plans $2.5-B wind farm investment

STOCK PHOTO | Image by Waldemar Brandt from Unsplash

AIRSTREAM Renewables Corp., a subsidiary of listed NexGen Energy Corp., is allocating $2.5 billion (P146 billion) to develop onshore wind farms with a total capacity of 1.7 gigawatts (GW).

The move follows the award of three wind energy service contracts from the Department of Energy (DoE), NexGen said in a stock exchange disclosure on Monday.

“Securing 1.7 gigawatts of new wind energy service contracts represents a major step forward in NexGen Energy’s growth strategy and materially strengthens our development pipeline,” said NexGen President Eric Peter Y. Roxas.

The wind projects include a 600-megawatt (MW) Pangasinan wind farm, a 600-MW Samar wind farm, and a 500-MW Nueva Ecija wind farm.

The Pangasinan Onshore Wind Project covers a land area of 13,770 hectares and will deliver electricity through the 230-kilovolt (kV) Labrador Substation of the National Grid Corp. of the Philippines (NGCP).

Spanning 16,929 hectares, the Samar Onshore Wind Project will be linked to the grid via NGCP’s 138-kV Victoria Substation.

The Nueva Ecija Onshore Wind Project covers 9,234 hectares and will transmit its output to NGCP’s 230-kV Sampaloc Substation.

Mr. Roxas said the three new onshore wind projects position the company as “one of the most competitive large-scale wind developers in the country.”

“We remain focused on disciplined execution, capital efficiency, and building high-quality renewable assets that will deliver strong returns for years to come,” he added.

Airstream owns, develops, and operates all wind energy projects of NexGen. It currently holds eight service contracts, with a pipeline of over 3 GW of onshore and offshore wind projects.

NexGen is a wholly owned subsidiary of Tiu-backed Pure Energy Holdings Corp., which has a development pipeline totaling over 3.3 GW of wind and solar projects.

Shares in the company declined 2.82% to close at P3.10 apiece. — Sheldeen Joy Talavera

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