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Arts & Culture (10/29/25)


Critic on Critic offers inside look at theater criticism

LIFESTYLE portal PalabasTayo will be posting a two-part video series titled Critic on Critic, hosted by theater reviewers Vincen Gregory Yu and Ryan Robert Flores. In collaboration with Magnify MNL and powered by Playful Prescriptions, the series will take viewers inside the world of theater criticism in the Philippines. It aims to highlight how reviewers act as allies to the craft, offering insights that help theater grow. The behind-the-scenes look will dive into critics’ thought process, writing approach, and drive to deepen appreciation for both artists and viewers. It will premiere on PalabasTayo.com’s official Facebook page starting Nov. 3.


Dance to tackle plight of SEA domestic workers

THE Cultural Center of the Philippines (CCP) and the Goethe-Institut Philippinen will be presenting Magic Maids, a cultural ritual and dance performance interlacing the fear and oppression of women, from the witches of long ago to the maids of today. Conceptualized and choreographed by Eisa Jocson and Venuri Perera, the 80-minute performance looks through the lens of feminist resistance using the broom, a metaphor for the shared experiences of prejudice and sacrifice, and a physical device that connects both witches and maids. Performances are on Nov. 7 and 8 at 5 p.m., and on Nov. 9 at 8 p.m., at the CCP Tanghalang Ignacio Gimenez (Black Box Theater). On Nov. 9 at 11 a.m., Jocson and Perera will lead a workshop titled Broomology 101 at the lobby. Regular ticket price is P600, with student’s discount ticket priced at P300 upon presentation of a valid ID. Interested workshop participants can register until Nov. 4, through the link https://docs.google.com/forms/d/e/1FAIpQLSf3GUt_9AlzYuTEt31AiA-fhPT4A_FuctYhl1-Y4viMabAFjg/viewform.


One more night for One Night in Intramuros tour

FOLLOWING sold-out dates for the popular One Night in Intramuros tours, WanderManila has added two dates in November: on the 15th and 16th, both at 5 p.m. Priced at P800 per person, it is the definitive dark history tour of Intramuros, where guests can see Manila in a darker, more sinister light. The choice of topics will focus on more violent and bloody aspects of the history of Intramuros. The tour will take around three hours to finish, with participants set to walk approximately 7,000 steps. Interested parties can register through WanderManila’s social media pages.


UNICEF makes merch with kiddie book artists

NEW UNICEF greeting cards are now available, done in collaboration with Ang Ilustrador ng Kabataan (Ang INK), a Filipino collective of children’s book illustrators. The partnership brings to life the Hiraya Collection, a new line of all-occasion cards and merchandise that turns art into a force for good. The artists of Ang INK designed the cards that provide a window into their own fondest childhood memories. The UNICEF Cards for Every Occasion are priced at P1,000 for 12 unique designs, while the UNICEF Tote Bags, which come in three designs with a keychain, cost P1,500. There’s also a mini backpack charm worth P1,200 and notebooks priced at P500 each. These items can be found exclusively at the UNICEF Philippines’ official online store: the UNICEF Giving Shop.

DMCI Homes expects Fortis Residences sales to pick up as amenities near completion

DMCI HOMES expects stronger sales for its Fortis Residences project in Makati City as the completion of project amenities draws near, signaling sustained demand for high-rise residential developments in key business districts.

Sales have reached about 14% of the 576 units launched in 2022, but DMCI Vice-President for Project Development Dennis O. Yap said the company anticipates stronger take-up once areas such as the roof deck and lobby are finished and showcased to buyers.

“We’re expecting sales take-up to spike during that time, as experienced in our existing projects,” he said at the topping-off ceremony on Tuesday.

The current selling price is about P250,000 per square meter, slightly below prevailing market rates given the unit inclusions such as air-conditioning units, cabinets, range hoods, and digital locksets.

The 47-story development, the second project under the DMCI Homes Exclusive brand after Oak Harbor Residences, was launched at the tail end of the pandemic and is expected to take longer to sell out than its predecessor, which debuted in a stronger market.

Fortis Residences sits along Chino Roces Avenue, connecting Makati to Taguig, and offers access to EDSA, Osmeña Highway, SLEX, and Skyway.

Amenities include a playground, basketball court, fitness gym, sky lounge, and sky deck pool.

The project is expected to be completed by December 2027. DMCI Holdings, Inc. shares rose by 1.64% or 18 centavos to close at P11.16 each on Tuesday. — Alexandria Grace C. Magno

Treading the path to prosperity: Technology, capital, and the spirit of dialogue

APEC Digital Economy Steering Group held exchanges and dialogue on approaches to artificial intelligence in Incheon, Republic of Korea on July 25. — APEC.ORG

Twenty-one member economies comprise the Asia-Pacific Economic Cooperation (APEC). Together, they account for 61% of global gross domestic product and half of global trade. Indeed, for the past 36 years, APEC has served as a venue for the incubation of ideas. APEC meetings have allowed its members a platform for presenting their views, forging consensus, and working collectively toward regional prosperity.

One such gathering, the 2025 APEC Economic Leaders Meeting, will take place from Oct. 31 to Nov. 1 in the Republic of Korea, specifically in the city of Gyeongju, Gyeongsangbuk-do. Gyeongju is the ancient capital of a millennium-old kingdom, and the center of its culture. Serving as the capital of Silla Dynasty from 57 BC to AD 935, Gyeongju flourished for nearly a thousand years and is home to a remarkable concentration of UNESCO World Heritage sites.

The theme for the APEC meeting is “Building a Sustainable Tomorrow: Connect, Innovate, Prosper.”

As this year’s host, Korea will put forth two key issues affecting global prosperity: cooperating in the area of artificial intelligence (AI), and responding to demographic shifts.

Specifically, on AI cooperation, it will set an APEC-wide direction for AI utilization by focusing on capacity building and the creation of a sustainable AI investment ecosystem.

Korea is an acknowledged world leader in the field of AI. It has passed its AI Basic Act, which will take effect in January, that establishes the country as a global pioneer in the development of reliable and forward-looking AI. South Korean President Lee Jae Myung has secured a landmark partnership with asset manager BlackRock to help make Korea a regional hub for AI.

Korea was also the president of the recent Security Council Open Debate on Artificial Intelligence and International Peace and Security, through Mr. Lee, at the United Nations.

Mr. Lee described AI using metaphor — that of a very cute tiger cub, according to an op-ed by South Korean Ambassador Lee Sang-Hwa published in another newspaper. The tiger cub, like AI, may grow into a devouring predator, or it could also be a beloved companion, citing a character from a famous Korean show.

Aside from this AI milestone at the UN, Korea is also a leader, alongside the Netherlands, of the Responsible Artificial Intelligence in the Military Domain (REAIM) Initiative. This is a global platform that seeks to ensure the transparency and accountability of AI applications in defense, and to keep it firmly under human control.

Korea enjoys great credibility in this area, because it believes that “innovation and ethics must advance as one, and that even in matters of security, humanity’s fate should never be left to an algorithm,” wrote the ambassador.

Yet another key issue to govern the coming talks is the need, and ideal ways to respond to demographic shifts, Korea will propose cooperative policies to build responsive systems for aging societies, strengthen human resource mobility, and promote innovation in healthcare and technology to turn demographic challenges into opportunities for future growth and innovation.

But at a time of heightened geopolitical and geoeconomic challenge, both within the individual economies and in the greater Indo-Pacific and Asia-Pacific regions, is it even realistic and possible to imagine any pathways to prosperity for our people? And how does the Philippine economy, with all its nuances and unique features, fit the bigger picture?

Just this September, at the Subic Shipyard, the HD Hyundai shipbuilding venture was inaugurated through a symbolic cutting of steel, which marks the birth of a vessel.

At least 2,000 jobs will be created by this investment, which was granted fiscal incentives under the CREATE More Act.* According to Ambassador Lee, the Philippines-Korea Free Trade Agreement was — signed by the leaders of both countries in September 2023, ratified by their respective legislative bodies the following year, and which took effect at the end of 2024 — solidifies Korea’s standing as one of the biggest investors in the Philippines. Hyundai has substantially committed to Subic.

“It has always been more than a harbor,” he wrote. “It is a symbol of openness to trade, business, and diplomacy.”

Given all these, the Philippines will be an eager participant in the coming APEC meeting in Korea. The principles of the economic block resound with our own economic objectives as a nation. We also aim to advance trade and investment within the Asia-Pacific region and strengthen connectivity through physical, institutional, and people-to-people exchanges.

We seek to promote digital innovation by ensuring that we tap into the advantages of technology while mitigating their pitfalls and risks.

Through all these, we pursue sustainable and inclusive growth as we prepare to squarely address global issues of energy, food security, and demographic shifts.

We share APEC’s commitment to dialogue and cooperation. While we face many daunting issues domestically, regionally, and globally, we keep our faith in the power of dialogue and cooperation, just as the APEC does.

* Corporate Recovery and Tax Incentives for Enterprises to Maximize Opportunities for Reinvigorating the Economy

 

Victor Andres “Dindo” C. Manhit is the president of the Stratbase ADR Institute.

Pre-need companies post higher premiums

BW FILE PHOTO

THE PRE-NEED INDUSTRY saw its premium income inch up by 2.82% year on year at end-June amid higher plans sold.

The sector’s premium income stood at P11.49 billion as of June, up from P11.17 billion in the same period last year, according to Insurance Commission (IC) data based on the submissions of 13 licensed pre-need companies.

Its combined net income surged by 84.67% to P5.32 billion in the period from P2.88 billion a year prior, with only four companies posting losses.

The number of plans sold by pre-need firms in the first six months rose by 29.47% to 424,467 from 327,841 last year.

Bulk of the plans sold were life policies, which rose by 29.39% to 423,727.

Sales of pension plans jumped by 117.41% year on year to 687, while education plans sold rose by 47.22% to 53.

Meanwhile, the industry’s combined investment in trust funds increased by 9.39% year on year to P145.61 billion, IC data showed.

Pre-need reserves, which include benefit obligations or payables as mandated by the Pre-Need Code, went up by 2.97% to P128.99 billion in the period.

As a result, the difference between the combined trust funds and pre-need reserves of companies stood at a P16.61-billion surplus at end-June, 112.13% wider than the P7.83-billion surfeit a year prior, the report showed.

The pre-need industry’s combined net worth rose by 26.81% to P31.58 billion from P24.9 billion.

This was driven by the 54.25% increase in their retained earnings to P24.131 billion.

Meanwhile, pre-need companies’ combined capital stock dropped by 12.56% year on year to P3.5 billion, and other net worth accounts went down by 24.85% to P3.95 billion.

The sector’s total assets grew by 7.23% to P168.36 billion as of June from P157.02 billion a year prior.

Total liabilities likewise rose by 3.53% to P136.78 billion from P132.11 billion.

The IC’s report showed that St. Peter Life Plan, Inc. recorded the highest premium income in the period at P11.04 billion, followed by Philplans First, Inc. with P320.47 million, Cosmopolitan Climbs Life Plan, Inc. with P44.33 million, and GoldenFuture Life Plan, Inc. with P34.64 million.

In terms of sales, St. Peter Life Plan was also the top performer with 395,257 plans sold for a total contract price of P22.36 billion.

Goodlife Plans, Inc. placed second with 12,341 plans sold for a contract price of P494.03 million. Rounding out the top three was Freedomlife Plan Corp., which sold 12,242 plans with a total contract price of P448.8 million.

Lastly, in terms of net income, St. Peter Life Plan placed first with P4.69 billion, followed by Philplans First with P801.11 million and GoldenFuture Life Plan, Inc. with P15.33 million. — Aaron Michael C. Sy

ASEAN Foundation to train 17,500 MSMEs in AI use

PHILIPPINE INFORMATION AGENCY

THE Association of Southeast Asian Nations (ASEAN) Foundation plans to train more than 17,000 Philippine micro, small and medium enterprises (MSME) by 2027 to help them integrate artificial intelligence (AI) into their business operations.

The initiative forms part of the AI for MSME Advancement in ASEAN (AIM ASEAN) program, a two-year effort led by the ASEAN Foundation in partnership with the Asian Venture Philanthropy Network through the AI Opportunity Fund: Asia-Pacific Phase 2.

“Through AIM ASEAN, Limitless Lab will train at least 17,500 MSMEs across the Philippines by 2027,” the ASEAN Foundation said in an e-mail.

Social innovation company Limitless Lab has been tapped to implement the program, which aims to equip entrepreneurs with the knowledge and skills to accelerate AI adoption.

The group will design five localized training modules for smaller firms in sectors such as retail, manufacturing, agriculture and services.

The modules will focus on AI-powered marketing, e-commerce solutions and financial management tools, with sessions delivered through both online and on-site formats nationwide. The training will include live and self-paced learning options to ensure accessibility across regions.

“Our ‘learn–apply–scale’ approach ensures that each participant can immediately apply AI tools in their business after every session,” the foundation said.

It added that the group has been working with the Department of Trade and Industry, business organizations and cooperatives to broaden the program’s reach.

MSMEs — considered the backbone of the Philippine economy — account for about 99% of all registered businesses in the country. However, many remain constrained by limited access to AI tools, low awareness of digital solutions and inadequate technical capacity.

“Many small business owners lack the know-how to identify practical AI use cases or assess the return on investment for adopting digital systems,” the foundation said.

Challenges such as high implementation costs, poor internet infrastructure and unequal access to data and digital talent have also widened the divide between urban and rural firms.

“In the Philippines, AI can help small businesses work more efficiently, make smarter decisions and access wider markets, which in turn supports job creation and contributes to the country’s digital and economic growth,” it said.

The foundation noted that MSMEs can use low-cost or no-code AI tools to automate marketing, analyze customer behavior and improve financial forecasting. It underscored the importance of digital upskilling and responsible AI use as small businesses expand their digital operations.

Beyond the Philippines, the AIM ASEAN program also supports MSME digital growth in Brunei, Thailand, Vietnam, Cambodia, Indonesia, Laos, Myanmar, Malaysia and Singapore. — Beatriz Marie D. Cruz

Smart partners with Lynk Global to expand satellite connectivity in remote areas

PHILSTAR FILE PHOTO

PLDT INC., through its wireless subsidiary Smart Communications, Inc., has partnered with US-based Lynk Global, Inc. to provide mobile connectivity in areas without network coverage through satellite technology.

“When it’s fully rolled out, we think this will transform rural and remote connectivity in the Philippines,” PLDT Chief Operating Officer and Head of Network Menardo G. Jimenez said in a statement on Tuesday.

Smart said the partnership will enable mobile communications in areas with no signal by directly connecting ordinary mobile phones to satellites. The company said it will start by integrating its core systems with Lynk’s satellite-to-mobile network before conducting live field tests using Smart’s existing spectrum.

The initiative will prioritize coastal and mountain barangays and key maritime routes while ensuring secure, reliable, and stable connections, Smart said.

Once the Lynk satellite direct-to-device network is fully operational in the next few years, Smart said it expects to offer full mobile voice and data connectivity.

The initial rollout will cover basic text messaging and mobile applications over LTE (Long Term Evolution), designed to help maintain communications during typhoons, earthquakes, and other emergencies.

Lynk Global develops satellite-to-mobile-phone constellation technology designed to enhance mobile service coverage worldwide.

“We are more than excited to work with Smart to deliver reliable satellite connectivity directly to mobile phones in the Philippines,” Lynk Global Vice-President for Asia Pacific James Alderdice said.

Smart is the wireless arm of PLDT. Hastings Holdings, Inc., a unit of the PLDT Beneficial Trust Fund’s MediaQuest Holdings, Inc., holds a majority stake in BusinessWorld through the Philippine Star Group, which it controls.

At the local bourse on Thursday, shares in PLDT gained P6 or 0.54% to close at P1,110 apiece. — Ashley Erika O. Jose

Napoleon’s diamond brooch heads to auction for the first time

SOTHEBYS.COM

A UNIQUE diamond brooch once owned by Napoleon Bonaparte — and said to have been retrieved from the chaos of the Battle of Waterloo — will go under the hammer for the first time this November.

No, it’s not those French crown jewels, the ones stolen from the Louvre museum this week in a brazen heist. The brooch, reportedly abandoned by Napoleon himself as he fled the battlefield after his crushing defeat in 1815 and owned for centuries by descendants of the victorious King of Prussia, will be auctioned at Sotheby’s Royal & Noble Jewels sale in Geneva on Nov. 12.

The circular brooch has an oval diamond of over 13 carats in weight at its center and is surrounded by nearly 100 old mine cut diamonds of varying shapes and sizes. Created in a Parisian atelier around 1810, the brooch, which most likely adorned Napoleon’s bicorne on special occasions, is expected to fetch between $150,000 and $250,000, Sotheby’s told Bloomberg.

Offered as a spoil of war only three days after Napoleon’s defeat, the brooch remained in the House of Hohenzollern — the former German imperial dynasty — for centuries. It was passed down from King Friedrich Wilhelm III to the last German emperor, Queen Victoria’s grandson Kaiser Wilhelm II, and eventually to his grandson Louis Ferdinand, Prince of Prussia. It has been part of a different private collection for the last few years.

In an uncertain global market, collectors are increasingly turning to rare, storied pieces as tangible stores of value. Sotheby’s Royal & Noble auction is an annual sale dedicated to showcasing illustrious jewels with provenance. In previous auctions, Sotheby’s sold a diamond necklace with possible links to a scandal that led to the downfall of Marie Antoinette for $4.8 million. One of the most famous sales was in 1987 when a collection of jewels owned by the late Duchess of Windsor was sold for $50 million, more than six times the expected figure.

Napoleon’s brooch is the showpiece of the upcoming auction, which will also feature a diamond ring that once belonged to one of the last Ottoman princesses, Neslishah Sultan. — Bloomberg

Bataan: The emerging tech capital of the Philippines

BATAAN GOVERNOR Joet Garcia at the Global Emerging Tech Summit. — FACEBOOK.COM/DICTIIDB

It is rare to find a province that thinks and moves like a startup, driven by innovation, guided by data, and built on the belief that technology can make life better for its citizens. Yet that is exactly what is happening in Bataan, a province that has quietly and consistently positioned itself as the emerging technology capital of the Philippines.

Under the visionary leadership of Governor Joet Garcia, Bataan has embraced digital transformation not as a slogan but as a governance philosophy. While other provinces are still talking about modernization, Bataan is already doing it, building the foundations of a truly digital local government that leverages technology to promote transparency, inclusivity, and economic growth.

Mr. Garcia’s vision for Bataan has always been clear: to use technology as an equalizer. His administration recognizes that progress begins with systems that are smart, transparent, and citizen-centered. From digitized public services and e-governance platforms, to open data and blockchain-based systems, Bataan has taken the bold step of reimagining how local governments can operate in the digital age.

Bataan’s digital roadmap focuses on three pillars: efficient governance, empowered citizens, and a sustainable innovation ecosystem. The province has introduced digital platforms that allow residents to access public services online, from business permits and social services to health consultations, reducing bureaucracy, and eliminating red tape. These initiatives are not only improving service delivery but also restoring public trust in government efficiency.

Mr. Garcia’s leadership has not gone unnoticed. Over the past few years, he has graciously opened the doors of Bataan to the country’s and the world’s leading digital minds. For two consecutive years, he hosted the Global Blockchain Summit, bringing together government officials, technology leaders, developers, and entrepreneurs to explore how blockchain can drive transparency, innovation, and inclusion. This week, he once again welcomed the nation’s digital pioneers to the People’s Center for the Global Emerging Tech Summit, a gathering of forward thinkers and innovators discussing the future of artificial intelligence, blockchain, and cybersecurity, the ABC of digital transformation.

Mr. Garcia’s commitment was evident throughout the two-day summit. He was present from start to finish, personally opening each day’s session, and presenting data-driven dashboards that showcased Bataan’s governance in action. In one of his talks, he even gave a “Blockchain 101” session to over a thousand students in attendance, many of whom were experiencing the technology for the first time. Beyond the podium, the governor spent time engaging with global speakers, innovators, and guests, embodying the province’s spirit of collaboration and learning. He capped the event by hosting the Governor’s Night at the newly opened Tourism Pavilion, where local officials joined him in welcoming delegates, reflecting Bataan’s warmth, pride, and forward-looking vision.

These summits are more than conferences; they are statements of intent. By hosting them, Bataan declared that it is ready to lead the Philippines into the next frontier of technology. They have made the province a magnet for innovators, investors, and policymakers who see Bataan as the ideal environment to test and scale emerging technologies.

The Global Blockchain Summit, in particular, helped establish Bataan’s reputation as a hub for digital governance. While blockchain has often been associated with cryptocurrencies, Bataan’s approach was more visionary. The summit focused on blockchain as a tool for public trust, showing how immutable, transparent ledgers could be used for government procurement, land registration, logistics, and healthcare. It was in Bataan where early discussions about Integrity Chain, the Philippines’ first blockchain initiative for government transparency, first took shape.

This week’s Global Emerging Tech Summit expanded that conversation even further. For two days, Bataan became the center of digital discourse in the country, as experts shared ideas on how emerging technologies can help drive inclusive progress. Artificial intelligence can enhance efficiency and predict public needs before they arise. Blockchain can guarantee transparency and accountability in government transactions. Cybersecurity ensures that digital transformation is safe, resilient, and trustworthy. Together, these technologies form the backbone of good governance in the digital age.

What sets Bataan apart is that it doesn’t just talk about innovation; it practices it. The provincial government has implemented e-governance systems that connect local offices, improve coordination, and eliminate duplication. Through the 1Bataan platform, citizens can now access a one-stop digital ecosystem that integrates various government services, from document requests to feedback channels, all in one place. Internally, the government is adopting data-driven decision-making systems to ensure that policies are based on evidence, not instinct.

Bataan’s rise as a tech hub is also a story of collaboration. The province has worked closely with the Department of Information and Communications Technology (DICT), the Department of Trade and Industry (DTI), and various private-sector partners to accelerate digital adoption. Universities and training institutions are developing programs focused on AI, blockchain, data analytics, and cybersecurity to prepare a future-ready workforce. This alignment between government, industry, and education is one of the key reasons Bataan has managed to sustain its momentum as a digital leader.

The economic ripple effects are starting to show. By branding itself as a digital-first province, Bataan is attracting investors in data centers, fintech firms, and cloud technology companies. Its strategic location, strong governance, and growing tech ecosystem make it one of the most attractive regions for high-value industries seeking a base in the Philippines. In the long run, this shift will not only create jobs but also redefine Bataan’s identity, from an industrial hub to an innovation hub.

What Bataan has achieved under Governor Garcia’s leadership should serve as a model for other provinces. It proves that digital transformation doesn’t need to wait for national directives; it can start from local initiative. Technology, when embraced by visionary leaders, becomes more than an administrative tool. It becomes a means to empower citizens, fight inefficiency, and build trust.

As the curtains close on the Global Emerging Tech Summit, Bataan stands as a symbol of what the Philippine digital future can look like: forward-thinking, inclusive, and fearless in its embrace of change. The challenge now is to sustain the momentum, continue investing in infrastructure and talent, and keep forging partnerships that push innovation even further.

Bataan’s journey shows us that progress is not just measured by roads and bridges, but by systems that make government smarter, citizens stronger, and communities more connected. It is no exaggeration to say that Bataan is building not just a digital province, but the blueprint for a digital nation. And if the rest of the country follows its lead, the Philippines’ emerging tech capital might just become the spark that lights the way for a smarter, more transparent, and more connected future.

 

Dr. Donald Patrick Lim is the founding president of the Global AI Council Philippines and the Blockchain Council of the Philippines, and the founding chair of the Cybersecurity Council, whose mission is to advocate the right use of emerging technologies to propel business organizations forward. He is currently the president and COO of DITO CME Holdings Corp.

GSIS earnings hit P112B

THE GOVERNMENT Service Insurance System (GSIS) booked a net income of P112 billion in the nine months through September.

This was up from the P100 billion recorded as of August and surpassed its P76.6-billion income goal for the period, it said in a statement on Tuesday.

Revenues reached P260 billion, also above the state pension fund’s target of P241.8 billion.

Meanwhile, total expenses reached P148 billion, below the P165-billion target. Administrative costs stood at 2.5%, well below the 12% cap under the GSIS Charter.

“This low ratio ensures that the fund’s resources are primarily allocated to its core mission of serving its members,” it said.

GSIS’ total assets stood at P1.93 trillion at end-September, up by 5.7% from the end-2024 level.

“The numbers reflect the current state of our financial health. Our P112-billion net income is a clear indicator of our consistent growth and stability,” GSIS President and General Manager Jose Arnulfo “Wick” A. Veloso said.

“Our financial health is robust. Our focus is on building a resilient institution that delivers for its members, and these results confirm we are on the right track.” — A.M.C. Sy

Philippine Startup Week 2025 to spotlight global expansion of Filipino innovators

FREEPIK/ATLASCOMPANY

PHILIPPINE STARTUP WEEK 2025 will return on Nov. 10–14 to champion Filipino innovation and help startups expand beyond local borders, organizers said.

The event will carry the theme “Scaling Filipino Innovation: Start Local, Go Global,” highlighting how homegrown startups can build on their global competitiveness and seize opportunities to broaden their reach, according to an e-mailed statement.

Organized by the Department of Science and Technology, Department of Trade and Industry and Department of Information and Communications Technology, the event has been the flagship gathering for the Philippine startup ecosystem in the past six years.

After the formation of the Innovation Startup Act Steering Committee last year, the three agencies are intensifying support for local innovation through closer coordination.

This year’s edition, co-organized by the National Development Co. in partnership with the Strategic and Collaborative Alliance for Leveraging Ecosystems of Startups–National Capital Region, will adopt a bolder approach to help Filipino startups compete globally.

The main conference will be held at the newly opened Philippine Innovation Hub in Marikina City, which will feature multiple stages, community events, a startup expo and partner booths across its five floors.

The event will let participants explore technopreneurship, the local startup ecosystem and how to launch a venture; connect with key stakeholders to amplify innovation and growth; and strengthen ideas through mentorship and scaling support.

It will also feature tech startups through nationwide pitching opportunities and drive funding and partnerships for breakthrough ventures.

Attendees will also gain insights from the Steering Committee on upcoming initiatives to strengthen the national startup ecosystem, while engaging with venture capital firms, startup enablers and leading founders. — NPA

Piano stool maker to the stars rebounds from deadly Valencia floods

HIDRAU.COM

ALGEMESÍ, Spain — The makers of piano stools for stars such as Lady Gaga and Elton John are back in business after losing everything during the deadly floods that ravaged Spain’s southeastern Valencia region one year ago, killing 229 people.

Family company Hidrau Model had been going for 50 years but incurred losses of around 1.5 million ($1.75 million) in stock, materials and machinery when the floods swept through Algemesí, 35 kilometers south of Valencia city.

“I didn’t know how we were going to do it, but I knew I wanted to move forward after this,” General Manager Raul Romera said.

With the help of volunteers and peer companies, Hidrau has been able to fulfill orders and gradually reopen with all 35 employees. They are still waiting for the insurance money to come through to cover their costs.

Among their former clients are Lady Gaga, who performed with one of their stools at the 2017 Super Bowl half-time show. — Reuters

Metro Retail expands urban retail strategy with Metro Corner launch in Mandaue City

THE METRO STORES FACEBOOK PAGE

METRO RETAIL STORES Group, Inc. (MRSGI) has opened its first Metro Corner at Mandani Bay Suites in Mandaue City, a store concept intended to provide convenient access to goods for condominium residents and nearby workers.

“Metro Corner represents the next chapter of Metro Retail’s innovation in serving our customers,” MRSGI President and Chief Operating Officer Joel Orense said in a statement on Tuesday.

He said the new store format reflects the changing nature of shopping in urban communities — “compact and closer, designed around convenience without losing the warmth and quality Metro is known for.”

The new store features everyday essentials, artisan items, organic products, and international specialties in a modern layout that highlights fresh goods, friendly service, and quick checkout.

Located on the ground floor of Tower 1, Mandani Bay Suites, Metro Corner caters to residents, workers, and property owners seeking easy access to quality products within their community.

The company said the launch marks its first Metro Corner store within Mandani Bay, a developing mixed-use community in Mandaue City with a growing residential and business population.

“As more communities embrace urban living, we see an opportunity to reimagine convenience through well-designed, right-sized stores that bring essentials and lifestyle selections closer to home,” Mr. Orense said. “Metro Corner allows us to serve residents more efficiently while maintaining the same quality, service, and trust that define the Metro brand.”

Metro Retail operates 79 stores across Luzon and the Visayas, including Metro Supermarket, Metro Department Store, Super Metro Hypermarket, Metro Value Mart, and Metro Home Improvement and Lifestyle formats.

Shares of MRSGI rose by 0.88% or one centavo to close at P1.14 each on Tuesday. — Alexandria Grace C. Magno

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