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Blue Eagles face Final 4-bound Lady Spikers, needing a big win

ATENEO Blue Eagles need a win to reinforce its playoff bid. — THE UAAP

By John Bryan Ulanday

REIGNING champion Ateneo rekindles its rivalry with Final Four-bound La Salle, needing a big win to reinforce its own playoff bid in the penultimate playdate of the UAAP Season 84 women’s volleyball tournament at the Mall of Asia Arena on Tuesday.

Clinging at fourth spot with a 7-5 card, the Blue Eagles vie for an inside track to the Final Four at 4 p.m. versus the Lady Spikers, who clinched their playoff ticket last week.

Adamson (6-6) and University of the Philippines (UP) (5-7), for their parts, aim to stay in the race in a crucial duel at 6:30 p.m. while Santo Tomas (8-4) bids to formalize its playoff entry at 10 a.m. against winless University of the East (UE) (0-12).

In the middle of those pivotal duels is the 12:30 p.m. outing of National University (NU) (12-0) against also-ran Far Eastern University (FEU) (1-11) with a win for the Lady Bulldogs moving them on the verge of securing an outright finals berth.

The spotlight, however, is on the Blue Eagles that have sharpened their claws with three straight victories to catch up in the airtight Final Four race.

“We’re slowly getting there, but it’s not yet done. We still have two more games and then doon namin made-determine if we’re on the right track,” said coach Oliver Almadro after clipping Adamson in a five-set thriller to own the fourth spot so far.

Against La Salle though, Ateneo braces for an even tougher challenge especially after a 25-22, 23-25, 18-25, 20-25 loss in the first round.

“Every UAAP (University Athletic Association of the Philippines) season, ang barometer is La Salle. They have a good program. They have a complete lineup, a deep bench and they are very well-coached. Gusto lang namin tignan kung ano kaya namin gawin and if we have the opportunity, we’ll take it,” he added.

Under the watch of coach Ramil de Jesus, La Salle is also riding on a four-game winning streak after trouncing UE over the weekend to fortify place at No. 2 and cruise to its 12th straight Final Four appearance.

Wesley So bows to Mamedyarov, but still in contention

TWO-TIME United States titlist Wesley So — FIDE

FOR THE first time in five rounds, Wesley So conceded a loss at the hands of Azeri Shakhriyar Mamedyarov in their Armageddon play in the Norway Chess in Stavanger on Monday.

Good thing, the Cavite-born, two-time United States titlist is still pretty much in the title hunt in spite of the heartbreaking result.

Mr. So succumbed to Mr. Mamedyarov in their tie-breaker game after a misstep in his attempt to gain an attack and the initiative led to the latter launching a vicious kingside attack instead.

When it was over, Mr. Mamedyarov was winning in all angles — position, material and time — before Mr. So resigned after 39 moves of their English encounter.

The loss, though, kept Mr. So in striking distance with solo leader Vishwanathan Anand of India and reigning world champion Magnus Carlsen as the former shares third with 8.5 points each.

Mr. Anand, a five-time world titlist, regained the No. 1 spot after slaying Mr. Carlsen in Armageddon to hike his output to 10 points, or half a point atop the latter with 9.5 points.

But there is still hope for Mr. So though as he still has games against players who are in the lower half of this 10-player field — Maxime Vachier-Lagrave of France, Aryan Tari of Norway, Wang Hao of China, and former No. 1 Veselin Topalov of Bulgaria.

Also, the tournament uses a novel scoring format where a win in standard is equivalent to three points while a victory and a defeat in Armageddon is worth 1.5 points and a point, respectively, which gives everyone including Mr. So a chance to storm back. — Joey Villar

Everything Everywhere All at Once hits PHL cinemas this month

A SCENE from the film Everything Everywhere All at Once

THE STUDIO behind such local films as Heneral Luna and Goyo: Ang Batang Heneral has secured the exclusive local distribution rights to the surprise hit multiverse comedy, Everything Everywhere All at Once.

TBA Studios will premiere A24’s sci-fi adventure in local cinemas on June 29.

The film stars Michelle Yeoh (Crazy Rich Asians, Shang-Chi and The Legend of The Ten Rings) as an exhausted Laudromat owner named Evelyn who has trouble connecting with her family and paying her taxes. It doesn’t help that a variant of her happy go-lucky husband takes over and introduces her to an alternate universe. Evelyn — and versions of who she would have been if she had made different life choices (including one whose fingers are Vienna sausages) — find themselves on a quest to save everything.

The film is directed by brothers Daniel Kwan and Daniel Scheinert, collectively known as the Daniels (The Swiss Man). Joining the cast are Stephanie Hsu (TV’s The Marvelous Mrs. Maisel), Ke Huy Quan (The Goonies), Jenny Slate (Venom), Harry Shum, Jr. (Crazy Rich Asians) with James Hong (Kung Fu Panda), and Jamie Lee Curtis (Halloween).

The film is independent studio A24’s highest grossing title, having earned $67 million in the global box office so far.

Everything Everywhere All at Once crossed $60 million in the North American box office in its 11th weekend of release. Per A24, the genre-bending Everything Everywhere All at Once is expected to surpass Hereditary ($80 million) to become A24’s highest-grossing film worldwide. It’s already the studio’s highest-grossing film at the US box office, recently passing Uncut Gems ($50 million).

The film has a “Tomatometer” score of 95% from film review aggregate site Rotten Tomatoes. Empire Magazine critic Ben Travis calls the film “A pure firework display of technical bravado, wild invention, emotional storytelling, comedic genius, action mastery and outstanding performances, Everything Everywhere All At Once is everything cinema was invented for.” Vanity Fair’s Maureen Ryan notes that “Yeoh imbues Evelyn with moving shades of melancholy, regret, resolve and growing curiosity. She’s the kind of woman the world (and Hollywood) routinely overlooks, but Yeoh makes her embrace of lead-character energy positively gripping.”

Everything Everywhere All At Once marks TBA Studios’ first distribution deal with A24. TBA Studios previously announced acquiring the distribution rights of two other international titles: the rock ‘n’ roll documentary Fanny: The Right To Rock, and Cannes Film Festival top prize winner Triangle of Sadness.

“Filipino movie audiences deserve to see this film on the big screen. It teaches us to believe in ourselves, keep going despite adversities, and embrace everything everywhere all at once. We’re more than glad to bring this one-of-a-kind movie experience to the country and we look forward to everyone’s support as we continue to bring the best of global cinema to the Philippines and other territories,” Daphne O. Chiu, TBA Studios Executive Vice-President and General Manager, said in a statement. — with Reuters

ACEN cites adverse market for canceled swap deal

AC ENERGY Corp. (ACEN) said on Monday that it would continue to explore other means to unload of its diesel assets and its ownership in a petroleum exploration firm after it decided to cancel a property-for-share swap deal that would have realized the transition.

In a disclosure on Monday, the Ayala-led energy platform said the swap agreement between ACEN and its unit ACE Enexor, Inc. had been canceled “due to unfavorable market conditions.”

“Transaction would have required a follow-on offering and a stock rights offering, which will be challenging to execute under current market conditions,” it said.

ACEN said it remains committed to attain 100% renewable energy generation by 2025.

On Friday, ACEN disclosed that its board of directors and that of ACE Enexor had approved the cancellation of the property-for-share swap between the two companies.

The decision comes months after the two approved Oct. 18, 2021 the swap deal that involved the transfer to ACE Enexor by ACEN of its direct interest in Palawan 55 Exploration & Production Corp., which in turn has an ownership interest in Service Contract 55 (SC 55), an exploration block near the West Philippine Sea.

The swap also involved the transfer of ACEN’s ownership interests in various diesel assets, namely: Bulacan Power Generation Corp., CIP II Power Corp., and One Subic Power Generation Corp.

It would also have transferred ACEN’s interest in Ingrid3 Power Corp., which is a special purpose vehicle for a potential gas power generation project.

In exchange for the assets, ACE Enexor was to issue 339,076,058 primary shares to ACEN.

ACEN said that during the past few months, the management teams of the two companies “have exerted diligent and good faith efforts in planning and mapping out the implementation of the various steps needed to comply with the foregoing requirements.”

“However, this has proven to be very challenging given the economic uncertainties due to the continuing pandemic and exacerbated by the Ukraine-Russia conflict,” it added.

The company said ACE Enexor would continue to explore “relevant opportunities in energy transition space, including the opportunities under [SC 55] as management continues to look for the right partner for this endeavor.”

ACE Enexor is majority owned by ACEN. Its primary business is the exploration and production of crude oil and natural gas through interests in petroleum contracts.

ACEN has about 3,800 megawatts (MW) of attributable capacity in the Philippines, Vietnam, Indonesia, India, and Australia. It aspires to be the largest listed renewables platform in Southeast Asia as it aims to reach 5,000 MW in renewables capacity by 2025.

As of last count, the company’s renewable share of capacity is close to 90%, which is said to be among the highest in the region. ACEN is committed to achieve net zero greenhouse gas emissions by 2050.

ACEN shares closed higher by 2.81% to P7.31 each, while those of ACE fell by 18.68% to P10.36 apiece. — Victor V. Saulon

Reyes vows to do his best as bigger battles loom for Gilas

GILAS coach/program director Chot Reyes — SBP

GILAS Pilipinas coach/program director Chot Reyes is dedicated to staying the course amid widespread criticism in the aftermath of the Nationals’ shocking defeat in the Southeast Asian Games (SEAG).

Mr. Reyes, who even described himself as “the most hated man in Philippine basketball,” vowed to do his best as Gilas moves forward to the bigger battles, including the 2023 International Basketball Federation (FIBA) World Cup.

“All we can do after an incident like that is to just stand up,” Mr. Reyes said after his PBA club TnT opened its Philippine Cup title defense with a 78-72 win over Magnolia on Sunday night.

“Ang daming nagtatanong ‘paano ka ba bumangon?’ Sabi ko ‘simple lang, bumangon ako, I just stand up.’ Nobody else can pull myself up except myself. My support system is there — the team, the players — and as long as I’m doing the job I’ve been asked to do, I’m going to do it to the best of my ability, regardless of what other people say.”

After the SEAG, Mr. Reyes returned to the Tropang Giga think tank but said he continued to oversee the buildup of the Gilas team temporarily handled by Serbian coach Nenad Vučinić for the coming FIBA World Cup Asian Qualifiers window as well as that of the Gilas Under 16 (U16) squad.

He shared that keeping himself busy with TnT and Gilas men’s and U16, as well as staying away from social media, helped him move on from the Hanoi setback.

With sights on the 2023 world meet, Mr. Reyes assured the “best possible squad” will be formed there.

“There’s already a program broken down month to month all the way to 2023,” Mr. Reyes said when he guested on the Power and Play program on Radyo Singko. “We’re just asking for patience. August 2023 (FIBA World Cup), that’s the real goal. We’ll put the best team possible for 2023.”

Puregold Channel premieres Ang Babae Sa Likod Ng Face Mask

COMEDIAN and former Wowowin variety show host Herlene Budol and actor Joseph Marco star as a couple in Puregold Channel’s romantic comedy, Ang Babae sa Likod ng Face Mask.

The 13-episode series is produced by filmmaker Chris Cahilig and directed by Victor Villanueva.

Popularly known as “Hipon Girl,” this is Ms. Budol’s first leading role. Mr. Marco is known for his work on Sabel, Honesto, Pasion de Amor, and Wildflower.

The series follows Malta (Ms. Budol), a cashier who works hard to support her mother, Madam Baby (played by Mickey Ferriols). One day at work, Malta meets the handsome but unlucky in love Sieg (Mr. Marco). It’s love at first sight for Sieg, who is mesmerized by Malta’s eyes which is the only part of her face he can see as the rest is covered by her face mask.

“Ang classic ng kuwento (It is a classic story),” Ms. Budol said in a statement. “Nakakakilig, nakakatawa, lahat ng gusto mo sa isang series, meron kami rito (It’s romantic, [and] funny. It has all the things you want from a series).”

Ang Babae sa Likod ng Face Mask is the latest in Puregold’s online series that take inspiration from classic Filipino TV.

“The ever-present face mask is now a symbol of hope and self-love for our lead in this new series. And we hope to entertain a large number of viewers online, especially given the Pinoy’s fondness for light, romantic comedies,” Puregold marketing manager Ivy Piedad said in a statement.

Ang Babae sa Likod ng Face Mask streams for free on YouTube Puregold Channel every Saturday beginning June 11, at 6 p.m. — MAPS

NCR building materials price growth fastest in over 5 years

A WORKER cuts metal in a construction area in Binondo, Manila, March 24, 2022. — PHILIPPINE STAR/ RUSSELL PALMA

By Ana Olivia A. Tirona, Researcher

RETAIL PRICES of construction materials in the National Capital Region (NCR) grew to its fastest pace in more than five years in February amid supply chain constraints, preliminary data from the Philippine Statistics Authority (PSA) showed.

According to the PSA, Metro Manila’s construction materials retail price index (CMRPI) quickened to 3.3% in February from 3% in January. This was higher than the 1.1% print seen in the same month last year.

This was the highest year-on-year growth for building materials prices in NCR in more than five years, or since the 3.5% in November 2016. The February figure also matched the 3.3% in July 2018.

Asian Institute of Management Economist John Paolo R. Rivera attributed the February print to supply chain limitations brought about by the ongoing coronavirus disease 2019 (COVID-19) pandemic and the Russia-Ukraine war.

“Demand is also high given a more open economy with increased activities, particularly for public and private construction firms,” Mr. Rivera said in a text message.

The Philippine government eased restriction levels in February, which allowed greater mobility and economic activity as COVID-19 cases declined.

“Construction will continue to recover to pre-pandemic levels as demand for both commercial and residential properties will also continue given increased economic activities in urban areas,” Mr. Rivera said.

In the year to date, the CMRPI averaged 3.2%, faster than the 1.2% average in the same period last year.

The February result was driven by faster growth in painting materials and related compounds (2.3% in February from 1.9% in January), plumbing materials (4.5% from 3.8%), and tinsmithing materials (5.2% from 4.2%).

Meanwhile, slower growth in prices were seen in masonry materials (1.9% from 2%) and miscellaneous construction materials (3.4% from 4.4%).

Mr. Rivera sees building activities in both commercial and residential to increase given a sustained economic recovery notwithstanding interruptions and disruptions in the current situation.

Tax court denies OceanaGold’s appeal to review liabilities

THE Court of Tax Appeals (CTA) has declined the appeal of OceanaGold (Philippines), Inc. to review its erroneously paid excise tax worth P136.4 million for the period covering June to December 2014.

In a 27-page decision on May 31, the CTA full court affirmed its ruling in 2020, as it said the mining company was exempted from paying its excise tax during its recovery period as part of a financial assistance agreement but failed to prove the amount paid to be detrimental to recovering its pre-operating expenses.

OceanaGold argued that based on the financial and technical assistance agreement (FTAA) it signed with the government, it should have been exempted from excise tax payments because it had not recovered its pre-operation expenses in 2014.

Under the Philippine Mining Act of 1995, the government can only start collecting its share in the financial agreement after the FTAA mining contractor has fully recovered its pre-operating, exploration, and development expenses.

The petitioner is a Canadian-Australian multinational gold producer that has a regional office in Makati City.

“In sum, under the terms of the FTAA, the respondent (commissioner of internal revenue) has no authority to collect excise taxes as the government’s right to have a share in net revenue of petitioner during the recovery period is not accrued,” according to a copy of the ruling written by CTA Associate Justice Roman G. Del Rosario.

The mining company added that the payment of excise taxes made it difficult to recover its pre-operating expenses and the amount it paid was not due to the government. It added that it had up to five years from its start of production to recover the expenses.

The tribunal noted that taxes collected during an FTTA contractor’s recovery period can only be deducted if it is proven to be recoverable by the company.

“Review of the evidence formally offered by petitioner (OceanaGold) shows that the Court in Division correctly ruled that there is no specific evidence to show that its payment of excise tax during the recovery period resulted in loss or harm in the person or property of petitioner,” said the CTA.

“Petitioner failed to present evidence that its payment of excise tax had an adverse effect on its financial performance and/or position.”

The court said that simply alleging the amount paid could have been recovered as part of OceanaGold’s pre-operating expenses could not be considered proof for its refund claim. — John Victor D. Ordoñez

Ray Parks inks new deal with Nagoya Diamond Dolphins

NAGOYA Diamond Dolphins, Ray Parks, Jr. — BLEAGUE

RAY PARKS, Jr. is staying put in the Japan B.League after signing a new deal with the Nagoya Diamond Dolphins.

The Dolphins on Monday announced the development, inking the Filipino import to a one-year contract extension following his huge role in their playoff run last season.

Mr. Parks registered 10.7 points, 3.6 rebounds, 1.9 assists and 1.1 steals in his B.League debut to help Nagoya barge into the playoffs at No. 7 with an impressive 34-15 slate.

As teams of other local aces struggled, Mr. Parks was the only Filipino cager to make it to the B.League playoffs last season before Nagoya bowed to Kawasaki in the best-of-three quarterfinals, 2-0.

“Amidst us falling short this year and battling many obstacles, we managed to fight and I can’t be more proud of the team. All this was possible due to the love and unconditional support from our Dolphins family. I can’t wait to come back again next year. We will definitely continue to give it our all,” said Mr. Parks in a statement.

Meanwhile, Ateneo guard SJ Belangel clarified that he has not signed any contract overseas yet despite reports that he’s already turning pro in the Korean Basketball League (KBL).

However, he confirmed that there are interests and offers from the KBL teams as well as from Japan and Taiwan according to his interview with scribes in the Philippine Basketball Association (PBA) Season 47 opener.

Should he take on the overseas route, Mr. Belangel will follow the growing list of local standouts taking their talents abroad but will be the first in the KBL.

Mr. Parks, Kiefer Ravena (Shiga), Kobe Paras (Niigata), Dwight Ramos (Toyama and now Hokkaido), Matthew Aquino (Shinshu), Javi Gomez de Liaño (Ibaraki), Juan Gomez de Liaño (Tokyo), and Kemark Cariño (Aomori) followed trailblazer Thirdy Ravena (San-en) in Japan last year while Jordan Heading (Taichung) took his act to Taiwan.

Javi has come home since then and got drafted in the PBA and Juan has played for Gilas Pilipinas and now in the 3×3 circuit, while La Salle big man Justine Baltazar recently signed with Hiroshima also in the B.League. — John Bryan Ulanday

Gov’t partially awards Treasury bills at higher rates

BW FILE PHOTO

THE GOVERNMENT partially awarded the Treasury bills (T-bills) it offered on Monday, borrowing via the one-year paper for the first time since early last month even as investors asked for higher rates amid expectations of rate hikes here and abroad and an above 5% inflation print in May.

The Bureau of the Treasury (BTr) raised just P13.924 billion via the T-bills it auctioned off on Monday even as total tenders reached P42.654 billion, nearly triple the P15 billion on offer.

Broken down, the BTr raised P5 billion as planned through the 91-day debt papers as bids reached P20.790 billion. The average rate of the tenor went down by 20 basis points (bps) to 1.44% from the 1.46% seen last week.

The government also made a full P5-billion award of its offer of 182-day T-bills, with total bids reaching P15.02 billion. The average rate of the six-month tenor went up by 2.2 bps to 1.834% from the 1.812% fetched at last week’s auction.

Lastly, the Treasury partially awarded its offering of one-year securities, raising just P3.924 billion out of the P5-billion program from P6.84 billion in bids. The average rate of the one-year T-bill increased by 36.4 bps to 2.297% from the 1.933% quoted for the tenor’s last successful award on May 2.

At the secondary market prior to Monday’s auction, the 91-, 182- and 364-day T-bills were quoted at 1.4464%, 1.8098% and 2.2203%, respectively, based on the PHP Bloomberg Valuation Reference Rates published on the Philippine Dealing System’s website.

National Treasurer Rosalia V. de Leon said in a Viber message to reporters that the BTr partially awarded the one-year tenor as the offer saw higher bids compared to previous auctions, with the market already getting some clarity on the pace of the Bangko Sentral ng Pilipinas (BSP) and the US Federal Reserve’s tightening path.

The market also priced in likely higher inflation in May, Ms. De Leon added.

The first trader said the BTr finally awarding one-year papers after four weeks of rejections for the tenor shows it is “finally [acknowledging] that expectations for higher rates are rising amidst price pressures and a hawkish Fed.”

The second trader noted while demand for the one-year T-bill has risen, investors still want a higher premium for the tenor amid inflation woes, which could cause the BSP to hike rates several times this year.

BSP Governor Benjamin E. Diokno last month said the central bank is likely to raise key interest rates by another 25 bps at its next policy review on June 23 following a hike of the same magnitude at its May 19 meeting to curb growing inflationary pressures.

At the May meeting, the central bank upwardly revised its average inflation forecast for 2022 to 4.6% from the previous forecast of 4.3%, above the 2-4% target band. For 2023, the BSP’s inflation forecast was hiked to 3.9% from 3.6% previously.

The BSP and analysts expect May headline inflation to have breached 5% amid higher fuel and food prices.

A BusinessWorld poll of 16 analysts held last week yielded a median estimate of 5.4% for May inflation, matching the midpoint of the BSP’s 5% to 5.8% estimate.

If realized, this would be faster than the 4.9% in April and the 4.1% print in May 2021. This would also be well above the central bank’s 2-4% target for the year.

Headline inflation last hit the 5% level in December 2018 and stood at 5.2% that month.

The Philippine Statistics Authority will release May inflation data on Tuesday, June 7.

Meanwhile, the Fed plans to hike rates aggressively for the rest of the year to control inflation and with the labor market showing recovery. It has raised borrowing costs by a cumulative 75 bps.

St. Louis Federal Reserve Bank President James Bullard last week said that while rate hikes from the previous months seemed to help tame inflation, the Russia-Ukraine conflict and the China lockdown’s effects can still overturn the progress.

Amid this uncertainty, Fed Governor Christopher J. Waller said he backs more 50-bp hikes in the coming months.

The BTr wants to raise P250 billion from the domestic market in June, or P75 billion through T-bills and P175 billion via Treasury bonds.

The government borrows from local and external sources to help fund a budget deficit capped at 7.7% of gross domestic product this year. — T.J. Tomas

Bea Alonzo, Alden Richards are the faces of Century Tuna’s healthy living campaign

ACTORS Bea Alonzo and Alden Richards are the new ambassadors for the food and beverage company Century Tuna.

Mr. Richards was a Century Tuna endorser in 2020, and is now joined by Ms. Alonzo for the “Love Strong” campaign which connects a healthy lifestyle with the pandemic.

“As we are living through the pandemic, we know that health becomes more important and the context of health is also changing,” said Carlo Endaya, Vice-President and General Manager of Century Pacific Food, Inc., during the launch of this year’s Century Tuna Superbods on June 3 at the Sofitel Philippine Plaza Manila. “So, having a fit body is now not just about vanity, but also having a fit and healthy body makes sure that we can care for the people around us.”

Of the new brand ambassadors, Mr. Endaya said: “We were looking for people who had a strong influence and are role models to people around them, and we want them to inspire people to become healthier.”

“I’m inspired by the idea of Century Tuna to really associate the campaign with what we’ve been through which is the pandemic,” Mr. Richards said. “We have to take care of our body, our health, because there are a lot of people depending on us,” he added.

Aside from his projects as an actor, Mr. Richards runs the AR Foundation, an organization he founded which gives scholarships to underprivileged children.

For Ms. Alonzo, the “Love Strong” campaign means “to have a healthy body for the people to depend on me.”

“You have to stay strong to love strong,” she said, adding that for the campaign, she was motivated to work out and eat right without compromising her mental health.

SUPERBODS FINALISTS
At the same event, the 32 Century Tuna Superbods Competition finalists were revealed.

The competition was introduced in 2006 with the aim of inspiring people to live a more active and healthier lifestyle.

“We used to have this at Boracay and it was a small event,” said Greg Banzon, Executive Vice-President and COO of Century Pacific Food. “Most of the people who joined were just models.”

“Today, it’s really about people who are going through a journey and are able to inspire,” he said.

In the female category, the 16 finalists are Andrea Abalos, Christelle Abello, Michelle Arceo, Xandria Bautista, Sherlyn Doloriel, Lovely Elazegui, Vienne Feucht, Querubin Gonzales, Mary Gonzalez, Julia Mendoza, Nadia Mostoles, Chrystalle Omaga, Kerri Reilly, Selena Reyes, Mia Salisbury, and Kim Velasco.

Meanwhile, the 16 male finalists are George Baker, Kirk Bondad, Edison Borja, Wani Manotoc, Herson Parias, Paul Pedley, Gee Plamenco, Jr., Patrick Ramirez, Lourd Ramos, Anjo Resurreccion, Ramon Reyes, Julian Roxas, Jaime Santamaria, Jean Santos, Mark Soriano, and Erik Visser.

They will compete for the title on July 13 at the Sofitel Harbour Tent in Pasay City.

Other events leading up to the finals include the Superbods fitness workshop on June 11 and digital challenges on June 18, 25, and July 2.

The two winners of this year’s Century Tuna Superbods will win P500,000 (tax free) each. The two runners up will receive P200,000 each, (tax free). All four winners will also receive a year’s worth of Century Tuna products. — Michelle Anne P. Soliman

DMCI Homes turns over Prisma Residences units

Prisma Residences

UNITS at the first tower of Prisma Residences are now being turned over to homebuyers, DMCI Homes said.

In a statement, DMCI Homes said the 42-storey Astra is the first to be completed of the three towers at the Prisma Residences development along Pasig Boulevard corner C.P. Garcia Avenue (C5 Road).

“Backing the workmanship in every unit is a two-year warranty for most deliverables,” the company said.

Prisma Residences offer units with one to three bedrooms. Amenities include an open lounge, Sky Lounge fitness gym, and gardens.

DMCI Homes said construction work continues on the two towers Celeste and Kiran, which are on track to be completed in April 2023 and April 2024, respectively.

Prisma Residences was put on the market in 2017.

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