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Israeli military says it killed three Hezbollah commanders, 70 fighters

TOY SOLDIERS, Hezbollah and Israel flags are seen in this illustration taken on Oct. 15, 2023. — REUTERS

TEL AVIV/JERUSALEM/CAIRO — Israel’s military said it had killed three Hezbollah commanders and some 70 fighters in southern Lebanon in the past 48 hours, a day after confirming it had killed Hashem Safieddine, the militant group’s heir apparent leader.

“In southern Lebanon, IDF troops continue conducting limited, localized, targeted raids against Hezbollah terrorist infrastructure and operatives,” the Israel Defense Force (IDF) said in a statement.

“Over the past day, the troops eliminated approximately 70 terrorists in ground and aerial strikes,” it added.

Israel expanded its evacuation warnings to several central neighborhoods in the southern Lebanese port city of Tyre on Wednesday, ordering people to evacuate north out of the city.

Israel has been carrying out an escalating offensive in Lebanon after a year of border clashes with Hezbollah, the most formidably armed of Iran’s proxy forces across the Middle East.

Israel’s offensive has driven at least 1.2 million Lebanese from their homes and killed 2,530 people, including at least 63 over the past 24 hours, the Lebanese government said on Tuesday.

On Tuesday, the IDF said it had confirmed the killing of Hashem Safieddine, the heir apparent to its leader Hassan Nasrallah who was killed in an Israeli attack last month.

The military said Mr. Safieddine was killed in a strike carried out three weeks ago in Beirut’s southern suburbs, its first confirmation of his death. Earlier this month, Israel said he had probably been eliminated.

There was no immediate response from Hezbollah to Israel’s statement that it had killed Mr. Safieddine.

“We have reached Nasrallah, his replacement and most of Hezbollah’s senior leadership. We will reach anyone who threatens the security of the civilians of the State of Israel,” said Israeli army chief Lieutenant General Herzi Halevi.

A relative of Mr. Nasrallah, Mr. Safieddine was appointed to its Jihad Council — the body responsible for its military operations — and to its executive council, overseeing Hezbollah’s financial and administrative affairs.

Safieddine assumed a prominent role speaking for Hezbollah during the last year of hostilities with Israel, addressing funerals and other events that Mr. Nasrallah had long been unable to attend for security reasons.

Israel has so far shown no sign of relenting in its Gaza and Lebanon campaigns even after assassinating several leaders of Hamas and Hezbollah, which lost Mr. Nasrallah, its powerful secretary-general, in a Sept. 27 airstrike.

Diplomats say Israel aims to lock in a strong position before a new US administration takes over following the Nov. 5 election between Vice-President Kamala Harris and former president Donald Trump.

The Islamic Resistance in Iraq said on Wednesday it had attacked Israel’s port city of Eilat with drones twice, striking “vital” targets, however Israeli military said it intercepted two drones which traveled over waters near Eilat.

The pro-Iranian militant group pledged to step up attacks on Israel in solidarity with the Palestinians after Hamas militants launched an attack on Israel on Oct. 7, 2023, triggering the Gaza war.

The Islamic Resistance, Lebanon’s Hezbollah, Yemen’s Houthi militia, and various Shi’ite Muslim armed groups in Iraq and Syria, known as the “Axis of Resistance” to Israel and US, have vowed to support the Palestinians in their fight.

BLINKEN ON MIDEAST TOUR
Israel’s confirmation of Safieddine’s death came as US Secretary of State Antony Blinken pressed Israeli Prime Minister Benjamin Netanyahu on Tuesday to capitalize on the killing of Hamas’ leader Yahya Sinwar by securing the release of the Oct. 7 attack hostages and ending the war in Gaza.

After repeated abortive attempts to broker a ceasefire between Israel and Hamas, Mr. Blinken was making his 11th trip to the Middle East since the Gaza war erupted — and the last before a presidential election that could upend US policy.

Mr. Blinken was also seeking ways to defuse the conflict in Lebanon, where overnight at least 18 people were killed, including four children, and 60 injured by an Israeli airstrike near Beirut’s main state hospital.

Mr. Blinken faced an uphill struggle on both fronts.

He spelled out US hopes that the death of Hamas leader Sinwar — blamed for triggering a year of devastating warfare by planning the deadly militant assault from Gaza on Israeli territory — will provide a new opportunity for peace.

In a statement issued by his office, Mr. Netanyahu said Mr. Sinwar’s elimination “may have a positive effect on the return of the hostages, the achievement of all the goals of the war, and the day after the war.”

But there was no mention of a possible ceasefire after a year of war in which Hamas’ military capabilities have been greatly degraded and Gaza largely reduced to rubble, with most of its 2.3 million Palestinians displaced.

For its part, Hamas has refused to free scores of hostages in Gaza seized in its raid on Israel, without an Israeli pledge to end the war and pull out of the territory. Hezbollah has ruled out negotiations while fighting continues with Israel. — Reuters

Biden: Donald Trump should be locked up ‘politically’

US PRESIDENT JOE BIDEN/FACEBOOK

CONCORD, New Hampshire — US President Joseph R. Biden said on Tuesday Republican Donald Trump is a threat to Democracy and should be locked up “politically,” as he exhorted Democrats at a New Hampshire campaign office to win the Nov. 5 election.

“We got to lock him up,” Mr. Biden said to applause at a Democratic campaign office in Concord, New Hampshire. “Politically lock him up. Lock him out. That’s what we have to do.”

Mr. Trump, the Republican candidate and former president, wants to disregard the safeguards of the US Constitution, Mr. Biden said. “Our democracy is at stake” if Mr. Trump beats Democratic candidate Kamala Harris, he said.

Mr. Trump, when he ran for president in 2016, repeatedly presided over rallies in which crowds chanted “lock her up,” referring to then Democratic nominee Hillary Clinton. He did not discourage them from that chant.

This year, during rallies for Ms. Harris, her crowds sometimes chant “lock him up,” referring to Mr. Trump, who has been convicted of 34 felony counts related to covering up hush money paid to a porn star. He also faces charges of illegally trying to overturn his 2020 election loss.

But Ms. Harris shuts down the chants, saying the Justice department will handle that issue while she seeks to beat the former president at the ballot box.

Meanwhile, Georgia’s top court declined to hear an expedited appeal by Republicans of a decision blocking a new rule that would have required poll workers to hand-count ballots, a change that voting rights groups warned could have caused chaos.

The decision also means that county-level officials in the state, one of seven battlegrounds expected to play a decisive role in the Nov. 5 presidential election, will not have enhanced authority to challenge precinct-level results.

Republican candidate Mr. Trump continues to falsely claim that his 2020 loss was the result of widespread fraud and his backers have filed a series of lawsuits across the US challenging election rules.

The state Republican Party said in a statement that it did not plan an appeal of the decision before the election.

“It is supremely disappointing to observe yet another failure of our judicial system to expeditiously resolve critical questions about our elections process,” state party Chairman Josh McKoon said in a statement. “We will press our appeal next year.”

The rules, passed by the Georgia board’s Republican majority, would have empowered county election board members to investigate discrepancies between the number of ballots cast and voters in each precinct, and examine troves of election-related documents before certifying their results.

One of the most controversial changes would have required poll workers in each of the state’s more than 6,500 precincts to open the sealed boxes of ballots scanned by machines and conduct a hand count, starting as soon as election night.

Voting rights groups had said the rule could allow rogue county election board members to delay or deny certification of election results, throwing the state’s vote into chaos, while the state attorney general’s office warned the board was likely exceeding its statutory authority.

Georgia Supreme Court justices on Tuesday unanimously denied an emergency motion to pause an order blocking the rules and expedite their review of the case, a docket entry showed, meaning the appeal is unlikely to be decided until next year.

The American Civil Liberties Union, which intervened in the case to block the rules, praised the decision in a statement, saying the election board had sought to “inject chaos and confusion into our democratic system.”

An election board representative and lawyers for the Republican National Committee, which intervened in the case on the board’s behalf, did not immediately respond to requests for comment.

The changes by the election board were powered by three allies of former President Trump, who lost to Democrat Mr. Biden in Georgia in the 2020 election and made false claims of widespread voting fraud. Some senior Republicans continue to refuse to say that Mr. Biden was fairly elected in 2020.

Georgia is one of seven closely contested states that are expected to determine the winner of the presidential race between Democrat Kamala Harris and Republican Mr. Trump. US presidential elections are decided through state-by-state results, not by a majority in the national popular vote.

Judge Thomas Cox on Oct. 16 struck down the rules described by Republicans as necessary election security measures but which Democrats said were aimed at impeding certification of results in a state that could be crucial in selecting the next president.

Mr. Cox said the rules contradicted state law and found that the board had overstepped its legal authority in several ways.

“The rules at issue exceed or are in conflict with specific provisions of the Election Code. Thus, the challenged rules are unlawful and void,” Mr. Cox wrote.

The board’s passage of the rules drew bipartisan criticism. The conservative group that brought the case on Sept. 11, Eternal Vigilance Action, argued the Georgia board exceeded its legal authority in making the changes.

Republican Brad Raffensperger, who as secretary of state is Georgia’s top election official, has said that the election board’s “11th hour” changes would damage voter confidence and burden election workers.

States must certify their voting results — confirming the accurate tabulation of the votes cast — as part of the process of determining a presidential election’s outcome.

Mr. Trump supporters stormed the US Capitol in January 2021 in a failed bid to prevent Congress from certifying the voting results from November 2020 election. Democrats now are accusing Republicans in various states of seeking to delay or prevent certification of voting results unfavorable to Mr. Trump. — Reuters

Former Abercrombie & Fitch CEO Jeffries charged with sex trafficking, prostitution

NEW YORK — Mike Jeffries, the former long-time chief executive officer (CEO) of Abercrombie & Fitch, has been criminally charged with sex trafficking and prostitution involving dozens of men.

The 16-count indictment was unveiled on Tuesday by federal prosecutors in Brooklyn a decade after Mr. Jeffries left the retailer he built over 22 years into a popular clothing brand known for sexually charged marketing.

It followed a BBC investigation and proposed class action lawsuit accusing Mr. Jeffries of baiting young men with the prospect of modeling jobs to lure them into traveling around the world so they could be sexually abused.

US Attorney Breon Peace, whose office won a conviction and 30-year prison term for the singer R Kelly for sex trafficking, said powerful people have for too long sexually abused young people who yearned for careers in fashion and entertainment.

“To anyone who thinks they can exploit and coerce others by using the so-called casting couch system, this case should serve as a warning: Prepare to trade that couch for a bed in federal prison,” Peace said at a press conference.

The defendants include Jeffries, 80, his partner Matthew Smith, 61, and James Jacobson, 71, who allegedly recruited men for them.

Each was charged with one count of sex trafficking and 15 counts of interstate prostitution related to 15 unnamed victims from 2008 and 2015.

If convicted, they face possible life sentences and mandatory minimum 15-year prison terms for the sex trafficking charges. They face up to 20 years in prison for the interstate prostitution charges.

In separate court hearings, Jeffries and Jacobson were ordered released on respective bonds of $10 million and $500,000.

A spokesperson for Mr. Peace said they are expected to enter formal pleas on Friday afternoon in the Central Islip, New York federal court. Prosecutors want both men subjected to home confinement.

Mr. Smith, a dual US-British citizen, was ordered detained at his court hearing. Prosecutors want him jailed pending trial, citing the risk of flight.

Mr. Jeffries’ lawyer Brian Bieber and Mr. Smith’s lawyers did not immediately respond to requests for comment after the hearings. Jeremy Schneider, a lawyer for Mr. Jacobson, declined to comment.

Abercrombie also declined to comment. It was not accused of wrongdoing, and Mr. Peace said there was no evidence the alleged crimes took place on company property.

‘TRYOUTS’ AND ‘POPPERS’
Prosecutors said Mr. Jeffries and Mr. Smith paid for dozens of men to meet them for sex at their homes in Manhattan and in the Hamptons in Long Island, New York, as well as at hotels in places such as England, France, Italy, Morocco and St. Barts.

Relying on their deep pockets and Mr. Jeffries’ power at Abercrombie, Mr. Jeffries and Mr. Smith were “dedicated to fulfilling their sexual desires and ensuring that their international sex trafficking and prostitution business was kept secret, thereby maintaining Mr. Jeffries’ powerful reputation,” the indictment said.

Prosecutors said Mr. Jacobson typically conducted “tryouts,” where male recruits as young as 19 would have sex with him before being referred to Mr. Jeffries and Mr. Smith.

They also said the scheme involved muscle relaxants known as “poppers” and props such as large sex toys and high-pressured enemas.

Men were required to sign nondisclosure agreements and pay damages if they told anyone including family and friends what went on.

The proposed class action led by named plaintiff David Bradberry, who took part in the BBC probe, separately accused Abercrombie of paying off people who accused Mr. Jeffries of sexual abuse or harassment.

Abercrombie, Mr. Jeffries and Mr. Smith asked a federal judge on Oct. 4 to dismiss that case.

The New Albany, Ohio-based company said it had been “shocked and appalled” by the allegations against Mr. Jeffries, and that it was implausible to believe it had anything to do with them.

Mr. Jeffries led Abercrombie from 1992 to 2014, making it a successful teen apparel maker known for cologne-filled stores and ads featuring semi-nude models.

He resigned amid criticism from investors and analysts that he failed to keep up with the changing tastes of teen shoppers. — Reuters

Get ready for an elevated travel experience: The Travel Club+ opening soon at Power Plant Mall

Custom Care Corner

Following the resounding success of their first flagship store in Shangri-La Plaza, The Travel Club+ is set to bring the same elevated experience to Power Plant Mall on Oct. 27, 2024.

Celebrating over 30 years, The Travel Club+ is the latest flagship offering, made as a haven for wanderlust-filled families, pet lovers, creative travelers, and adventure seekers. Everything here is designed to add more to your travel moments.

What Awaits You at The Travel Club+

Imagine a space filled with a wide range of travel essentials for every family member — from your little ones to your beloved pets. The Travel Club+ offers an impressive selection of products, including art supplies for your creative journeys, ensuring you have everything you need for your exciting adventures.

Viennoiserie

Unwind in the cozy Viennoiserie and Lounge Area, where you can savor rich coffee flavors and indulge in delectable pastries while planning your next getaway. Discover the Custom Corner, where you can personalize your travel essentials to make them uniquely yours. The Travel Club+ also has a dedicated Customer Care Corner ready to repair your travel items, so you’re always prepared for your next journey.

As introduced at the Shangri-La branch, The Travel Club+ in Power Plant Mall also offers First Class Events, a series of exclusive gatherings that promise to enrich your travel knowledge and experience. These events will give you immersive experiences and interactive activities designed to prepare you for your upcoming trips.

Viennoiserie and Lounge Area

Embark on this Elevated Travel Experience

Mark your calendars for October 27, 2024 as The Travel Club+ opens in R2 Level, Power Plant Mall and celebrate this milestone with them on November 15, 2024 for their special launch event.

Get ready, travelers! Add more to your travel moments at The Travel Club+ — opening soon at Power Plant Mall!

Note: The photos in this article were taken at The Travel Club+ Shangri-La Plaza. Watch out for The Travel Club+ Power Plant!

 


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Maybank Philippines upgrades your digital banking experience with the launch of the all-new M2u

Maybank Philippines launches the optimized M2U for an enhanced digital banking experience. Maybank Philippines executives (from left): Director Jose Roberto Reyes; Director Simoun Ung; Chairman Anthony Brent Elam; OIC-President and CEO Patrick Dennis Solosa; Head for Virtual Banking Paolo Salcedo; and Deputy Head for CFS Business Amiel De Castro; together with Malaysian Ambassador H.E. Abdul Malik Melvin Castelino (center)

M2U app now comes packed with improved features and enhanced user experience

Maybank Philippines, a member of the Maybank Group, a leading financial services group ranked #4 in ASEAN in assets, is pleased to announce the unveiling of its upgraded Maybank2U PH (M2U) mobile app, available on both iOS and Android platforms. This relaunch introduces a host of new features, a refined user interface and performance improvements designed to provide users with a safer, more seamless and engaging experience.

Maybank Philippines was one of the pioneers in the mobile banking space, introducing the original Maybank2u PH (M2U) mobile app in 2014 and complementing this with the introduction of iSave, the first digital deposit account, in 2018. This time around, Maybank Philippines is elevating the digital banking experience with the launch of the optimized M2U.

A toast to a better and enhanced digital banking experience with the launch of Maybank Philippines’ optimized M2U. Maybank Philippines executives (from left): Director Jose Roberto Reyes; Director Simoun Ung; Chairman Anthony Brent Elam; OIC-President and CEO Patrick Dennis Solosa; Head for Virtual Banking Paolo Salcedo; and Deputy Head for CFS Business Amiel De Castro; together with Malaysian Ambassador H.E. Abdul Malik Melvin Castelino (center)

This latest version comes with the following upgrades:

  • Advanced Security Features: The new M2U app comes with Secure2U, an enhanced two-factor authentication option that allows real-time, in-app verification and authorization to safeguard transactions from fraud. Secure2U also has a unique device binding feature which limits the authorization only to the nominated device.
  • Enhanced User Experience: The new M2U interface has been redesigned to be more intuitive, so daily banking transactions are made easy and effortless. Plus, users enjoy the same M2U experience when outside the Philippines, and even across one’s Maybank2u applications in Southeast Asia.
  • Personalized Banking: The new M2U is equipped with in-app tools to help manage one’s finances better. Icons are customizable to fit each user’s lifestyle and banking needs. Users also stay updated with the latest promos and customer advisories with push and in-app notifications.
  • Seamless Access to New Services: The new M2U app will be the hub for all the new services and features which Maybank will introduce. From one-touch digital account application to debit card services and accessing exclusive offers, M2U is designed to adapt to the customer’s ever-changing needs and evolving priorities.

This significant milestone in Maybank Philippines’ digital transformation journey reflects its commitment to continuously redefine the business of banking by introducing innovative solutions that meet the customers’ evolving needs, as aligned with their life priorities, values and aspirations.

At the launch event, Maybank Philippines’ clients learned more about M2U’s enhanced user experience, advanced security features, personalized banking and seamless access to new services.

Maybank Philippines Chairman of the Board Statement

In his Keynote Message, Maybank Philippines Chairman of the Board Anthony Brent Elam emphasised: “Today, convenience is everything. In our fast-paced world, people need banking that fits their lifestyle — not the other way around. We’ve listened closely to our customers’ feedback and upgraded our app to meet your expectations for convenience, security, and innovation. This upgrade is part of our broader mission to put you, our valued customers, at the center of everything we do. Our goal is to build the most advanced and user-friendly mobile banking experience in the industry. This is humanizing financial services for you.”

Maybank Philippines OIC-PCEO Statement

Maybank Philippines OIC-President and CEO Patrick Dennis L. Solosa also highlighted the reason behind the M2U update: “Our commitment has always been to provide convenience, security, and innovation at your fingertips, and this advanced version of the M2U app is a testament to that vision. We have reimagined the app with enhanced features, stronger account security protection, a more intuitive interface, and cutting-edge technology to make digital banking simpler, faster, safer and more seamless than ever before.” 

Maybank Tiger adds fun to the launch of Maybank Philippines’ advanced version of M2U for convenient, secure and innovative digital banking experience.

To celebrate the unveiling of the new M2U, Maybank Philippines hosted a launch event at the Bonifacio High Street Amphitheater. As part of the festivities, popular band Lola Amour performed live to a crowd of more than 500 invited guests.  Users can download the latest version of the M2U from Apple App Store and Google Play Store today.

Maybank Philippines, Inc. (MPI) is a member of the Maybank Group, one of Asia’s leading banking groups and Southeast Asia’s fourth largest bank by assets. In the Philippines, Maybank maintains a “phygital” proposition that combines physical accessibility through its network of 6o Branches, 15 Lending Centers, 9 Premier Wealth Centers, 9 Branch Lites and close to 80 onsite and offsite ATMs nationwide, and digital capabilities through its M2U mobile and internet banking platforms.

 


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BingoPlus Foundation adds the ‘Plus’ in health and livelihood initiatives in General Santos

BingoPlus Foundation turns over sanitation facilities to five barangays across General Santos City. Turnover ceremonies were attended by the representatives of the local government unit of General Santos City, city health officers, members of the communities, and the BingoPlus Foundation team.

In line with its commitment to improving community health and livelihood, BingoPlus Foundation, the social development arm of DigiPlus Interactive, has successfully completed a series of initiatives in General Santos, under its KalusuganPLUS and KabuhayanPLUS programs. These efforts aim to address critical public health challenges while empowering vulnerable communities with sustainable economic opportunities.

KalusuganPLUS: Sanitation facilities benefit 3,000 residents

In a series of turnover ceremonies in September 2024, BingoPlus Foundation handed over five sanitation facilities in the barangays of San Isidro, Ligaya, Tinagacan, Calumpang, and Bawing. These essential facilities are expected to benefit nearly 3,000 residents, addressing a long-standing gap in access to clean water and proper sanitation. Notably, the barangay of Bawing is home to Badjao communities, which have historically faced challenges in accessing clean water and sanitation.

BingoPlus Foundation’s KalusuganPLUS and KabuhayanPLUS programs reach 3,000 residents in General Santos.

This effort is in line with the Philippine Approach to Total Sanitation (PhATS), a nationwide initiative that promotes improved hygiene and sanitation practices, contributing to the achievement of local government units’ (LGU) Zero Open Defecation (ZOD) campaign. PhATS emphasizes sustainable sanitation practices to prevent waterborne diseases and improve overall public health.

This initiative is particularly critical in the SOCCSKSARGEN region, where only 73.8% of families have access to basic sanitation facilities, according to the Philippine Statistics Authority Annual Poverty Indicators Survey (March 2023). As lack of hygiene practices persist in some rural areas, this imposes a significant health risk in the region, which has also seen a return in polio cases. The newly built facilities address this gap, and BingoPlus Foundation is playing a pivotal role in safeguarding public health in one of the country’s most underserved areas.

KabuhayanPLUS: Training Center welcomes graduates

Beyond health, BingoPlus Foundation is also empowering marginalized sectors through its livelihood programs. In partnership with Barangay San Isidro, the Foundation celebrated the graduation of the first batch of trainees from its Dressmaking and Tailoring Training Center, which opened last June. The center is now serving its second batch of trainees, and applications will be open for Batch 3 through the barangay.

BingoPlus Foundation attends the graduation ceremony of the first batch of sewing and tailoring livelihood graduates in Brgy. San Isidro, General Santos City. In photo are (on stage, from left) BingoPlus Program Manager Paul Tamayo, Brgy. San Isidro Chairman Edward Frederick Yumang, BingoPlus Foundation Executive Director Angela Camins-Wieneke, and DoLE’s Livelihood Development Specialist Rexzairel C. Baing.

Part of the PLUS Centers for Livelihood network, this center collaborates with TESDA to provide NC II Certification in dressmaking, equipping participants — many of whom are solo parents and women — with valuable skills for employment or entrepreneurship. The program provides an alternative source of income and a sustainable livelihood for many in the community, fostering entrepreneurship and economic growth in the region.

Graduates are able to produce various products and design creations for their livelihood.

Celeste Jovenir, DigiPlus Vice-President for Investor Relations and BingoPlus Foundation COO, shares, “BingoPlus Foundation’s mission goes beyond providing aid; we’re here to uplift communities facing the toughest social challenges, from health and sanitation, to livelihood, in General Santos and beyond. Through KalusuganPLUS and KabuhayanPLUS, we’re empowering individuals to rise above their circumstances and build a future full of hope and opportunity.

 


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Ayala says Mitsubishi ties can extend to health, infrastructure

CEZAR P. CONSING — GLOBE.COM.PH

Philippine conglomerate Ayala Corp. may expand its partnership with Mitsubishi Corp. into healthcare, infrastructure and property after the Japanese firm’s investment into Ayala’s fintech arm, its CEO said.

“We’ve done a dozen or more deals with Mitsubishi over the last several decades…So it can run the whole gamut of our businesses,” Cezar Consing said in interview with Bloomberg Television’s Haslinda Amin on Wednesday.

Ayala last week signed a deal with Mitsubishi Corp. to sell 50% of AC Ventures Holdings Corp. for 18.4 billion pesos ($318 million). AC Ventures owns a 13% stake in Globe Fintech Innovations Inc., or Mynt, the company behind top e-wallet platform GCash.

The country’s oldest conglomerate is wrapping up a multi-year plan to raise around $1 billion from the sale of assets, and to reinvest the money in its core businesses including banking, property, energy and telecommunication businesses.

“We’ve raised over a billion dollars in value realization transactions, and then we’ve taken some of that” and invested it into Mynt, Mr. Consing said. “So it’s a process. As that continues, we are getting a more concentrated portfolio,” he added.

In May, Ayala sold its remaining stake in Manila Water to a company of ports billionaire Enrique Razon for P14.5 billion, after divesting a road project. Also up for sale is its 35% stake in Light Rail Manila Corp., which runs the 20.7-kilometer LRT Line 1 in the capital.

Mr. Consing is optimistic that the group’s banking, real estate and telecom businesses will benefit from easing inflation and declining interest rates. Ayala’s funding needs for this year are already covered and it expects to require about P25 billion, or around $500 million, for 2025, he said. 

The Philippine economy expanded 6% in the first half of the year — one of the fastest in Asia — with officials saying growth would have been more impactful if not for high inflation and elevated borrowing costs. — Bloomberg

Your epic campus experience starts with Galaxy AI

Unlock epic productivity and creativity with Galaxy AI on Samsung’s latest devices, the Galaxy S24 FE and Galaxy Tab S10+ | Ultra

Looking for tech to supercharge your study game? We’ve got your back with the Galaxy S24 FE and Galaxy Tab S10+ | Ultra. Whether you’re stuck choosing your first Galaxy phone upgrade or looking to maximize productivity, Samsung’s new tech loaded with Galaxy AI has got you covered.

From lecture halls to late-night study sessions, reduce your worries with Galaxy AI

Note Assist and Transcript Assist work hand-in-hand to help keep your lecture notes organized and convert your lengthy lecture recordings into easily digestible transcripts. Always in charge of the minutes of the meeting? Take advantage of Speech-to-Text Technology and Transcript Assist to make transcribing and summarizing those meetings even more efficient.

For your foreign language classes, Interpreter and Live Translate are the best practice buddy tandem. Without needing the internet, Interpreter allows you to have a conversation with someone speaking a different language with ease so you and your classmates can practice those difficult pronunciations together. In case you want to practice through phone calls, Live Translate has also got your back with real-time voice and text translations. With these Galaxy AI features, rehearsing those common phrases for your exam has never been easier.

Communication is also easier with Composer, which helps provide text suggestions in a variety of writing styles. Nail the right tone and level up chat messages and emails as you lead different projects with classmates or organize activities for your organization.

For handwritten note-takers out there, the Galaxy AI-assisted S Pen Air Command on the Galaxy Tab S10+ | Ultra provides instant access to Galaxy AI Assistant features and apps without needing to put down your pen just to type. Just tap the Book Cover Keyboard’s Galaxy AI Key, and you get to launch AI Assistant apps with written prompts and the freedom to choose between Samsung’s Bixby or Google’s Gemini.

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Create with confidence with your ultimate creative powerhouse

Galaxy AI features in the Galaxy S24 FE and Galaxy Tab S10+ | Ultra is not just about helping you get stuff done; it’s also your gateway to being a creative powerhouse. Whether you’re doodling in between classes or brainstorming for your next creative project, the Sketch to Image feature transforms your sketches into fascinating digital art. Add the massive 14.6-inch and 12.4-inch Dynamic AMOLED 2X displays with advanced anti-reflective technology, the intuitive S Pen and a keyboard bundled with the device, these tablets are the ideal canvas for your ideas wherever you choose.

Photo Assist with AI-powered Edit Suggestions helps you effortlessly enhance your less-than-perfect shots into masterpieces with cool features like Background Blur, Remaster, and Erase Reflections. For shareable campus moments, the Improved Gallery Search makes finding your photos faster by categorizing them by type, location, and more, helping you post them in the moment.

Turn those barkada moments into epic IG-worthy highlights

Creating content wherever and whenever you’re on campus is super easy with both the Galaxy S24 FE and the Galaxy Tab S10+ | Ultra. Use Instant Slow-mo to capture those epic sports moments, especially when someone’s showing off to the campus cutie. With year-end campus celebrations just around the corner, Nightography ensures your after-dark adventures or in theater or auditorium events always look amazing. Every campus life moment will be perfectly captured, ready to share with friends and followers.

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South Korea to supply stocks of cabbage to avert kimchi shortage

Jeremy Keith/CC BY 2.0/Wikimedia Commons

SEOUL – South Korea’s government said on Wednesday it will ensure 24,000 tonnes of cabbage are supplied from national stocks to provide support during the upcoming peak kimchi-making season, after blaming unusually hot weather for affecting the cabbage crop.

The spicy, fermented dish is a staple in South Korea and can be made from vegetables such as radish, cucumber and green onion, but the most popular kimchi is cabbage-based.

The government annually announces measures to help stabilize the price of cabbage, radish, red pepper powder and other key kimchi ingredients for the November peak production season.

However, this year “unusually high temperatures” had caused concern about disruptions in cabbage and radish supplies, prompting the government to raise the amount of contractually grown cabbages it will release to the market by 10% versus the previous year, the agriculture ministry said in a statement.

Cabbage used in kimchi, or napa cabbage, thrives in cooler climates, and is usually planted in mountainous regions where temperatures during the summer season typically remain mostly below 25 degrees Celsius (77 degrees Fahrenheit).

However, South Korea’s average June to August temperature was the highest this year since nationwide records were kept from 1973, with a record number of nights when temperatures remained at or above 25 C, according to the Korea Meteorological Administration.

With the summer crops affected, wholesale prices skyrocketed to 9,537 won ($6.90) per cabbage in mid-September from around 3,000 won in early July.

However, as of late October the price had fallen to 5,610 won and was expected to drop further in late November as the crop improves, the ministry said.

The government plans to improve stockpiling technology and… expand facilities for stockpiling cabbages, and is also keeping an emergency stock of 1,000 tonnes of cabbage at all times to prepare for any further supply disruptions, the ministry’s head of food distribution and consumption policy told reporters.Some studies warn that warmer weather brought about by climate change is now threatening the crop so much that South Korea might not be able to grow napa cabbage one day. — Reuters

GIC, Macquarie explore $2 billion stake sale in Philippines’ EDC, sources say

SINGAPORE – Singapore’s GIC and Australia’s Macquarie are looking at selling their stake of roughly 30% in Philippine renewable energy firm Energy Development Corp (EDC), a deal that could fetch $2 billion, two sources with knowledge of the matter said.

They are in preliminary talks with advisors and no decision has been made, the sources said, declining to be identified as the discussions were private.

EDC is the Philippines’ biggest renewable energy firm with installed capacity of some 1,480.19 megawatts, most of which is geothermal energy. It accounts for about a fifth of the country’s total installed renewable energy capacity, according to its website.

GIC, a Singapore sovereign wealth fund, and Macquarie Infrastructure and Real Assets invested in EDC in 2017. A press release at the time said they planned to pay $1.3 billion for up to 31.7% of the company.

The rest of EDC is mostly held by Philippines tycoon Federico Lopez’s First Gen Corp. According to First Gen’s 2023 annual report it holds 65% of voting rights in EDC while GIC and Macquarie’s joint venture, Philippines Renewable Energy Holdings Corp, holds 34.9% of the voting rights.

GIC and Macquarie declined to comment. EDC did not respond to a request for comment.

Renewable energy is attracting increasing investment as countries seek to meet climate goals and cope with growth in electricity demand.

Electricity demand in Southeast Asia is set to grow at an annual rate of 4% in the coming years, with clean energy sources such as wind and solar, alongside modern bioenergy and geothermal power, projected to meet more than a third of the growth in energy demand in the region by 2035, according to the International Energy Agency. — Reuters

Gogolook signs agreement with TrueMoney PH to boost online security

Officials from Gogolook and TrueMoney Philippines at the ceremonial signing event

Gogolook, the world’s leading anti-scam company, recently partnered with TrueMoney Philippines, one of the leading financial service provider in the country.  

Mel Migriño, Gogolook Philippines Country Head, explained that through this partnership, Gogolook will provide TrueMoney customers and partner agents with a six-month basic premium package of the Whoscall Mobile app.

“Incentive programs will be developed to continuously promote digital protection among TrueMoney’s customers and partner agents,” Ms. Migriño said.

Whoscall is a TrustTech app developed by Gogolook, designed to protect mobile users online with features like SMS/call identification, a URL scanner, detection of identity leakage and the ability to report suspicious scam numbers and URLs, which are then added to its international database.

TrueMoney President and Country Managing Director Manuel Cabañero emphasized that Gogolook offers additional tools to help Filipinos combat scams and stay informed about scam-related threats, particularly targeting users on this digital ecosystem.

“The partnership between TrueMoney and Gogolook strengthens our efforts to educate more Filipinos on securing their financial transactions, especially with TrueMoney’s nationwide presence. This collaboration allows us to raise awareness within our ecosystem and equip our partners and customers with the knowledge and tools to fight scams,” Mr. Cabañero said. 

“This partnership represents a significant step in securing the Philippine’s financial landscape. It will empower Filipinos with the tools and knowledge needed to navigate the digital world with confidence, fostering a secure and safe digital ecosystem,” he added.

TrueMoney Philippines offers various financial services to customers through its partner retailers, mostly sari-sari stores nationwide. The local company is an expansion in the country by the Thailand-headquartered fintech brand. Branded as offering “affordable” financial services for all, TrueMoney users are set to benefit the most from this partnership.

Ms. Migriño further noted that the main goal of the collaboration is to improve the cyber hygiene of digital users, especially those using e-money.

“This partnership aims to jointly promote campaigns against scams, including Gogolook’s ‘Fight for a Scam-Free Pilipinas’ initiative,” Ms. Migriño said.

She also added, “This collaboration seeks to co-create various marketing efforts to boost brand visibility while advocating for stronger digital risk protection for TrueMoney customers and partner agents. These initiatives include integrating Whoscall into the app, promoting digital awareness through caravans, and running campaigns to improve digital literacy.”  

The partnership was formalized during the launch of the #DapatAllMagWhoscall campaign, which encourages Filipinos to prioritize online safety, one key method being the use of the Whoscall app.  

Meanwhile, Rose Ann Repolles, TrueMoney Philippines’ Country Head of Technology, shared her thoughts: “As part of TrueMoney’s tech team, these activities truly add value to our efforts, especially now with the surge of scams and fraud cases not just in the Philippines, but across the region and the world.”

Patricia Lim, TrueMoney Philippines Business Development Officer, also shared her perspective on the initiative.

“For me, this brings great value to us Filipinos, especially at a time when our awareness of the increasing scam-related issues and the current events associated with them is on the rise,” Ms. Lim said.

 


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SM Life at SM Prime Group honored as 2024 PMAP People Program of the Year

L-R: People Management Association of the Philippines (PMAP) Executive Director Rene Gener, Pateros Technological College President Dr. Analiza Arcega, SM Development Corp. (SMDC) Senior Assistant Vice-President of Human Resources (HR) Rhodora De Leon, SM Hotels and Conventions Corporation Vice-President of HR Charmaine Charlotte Adonis, SM Supermalls Senior Vice-President of HR Cheryll Agsaoay, SM Engineering and Design Development (SMEDD) Vice-President of HR Jose Wilson Caisip, 2023 PMAP President Ma. Elizabeth Nasol, 2024 PMAP President Michael Godinez, and 2024 PMAP Vice-President Lydia Lily Quintans

The SM Prime Group has been recognized as the National Awardee for its SM Life program, winning the People Program of the Year 2024 (Employee Experience and Engagement category) at the People Management Association of the Philippines (PMAP) National Conference in Iloilo on Oct. 17, 2024.

This recognition highlights SM Prime’s efforts to enhance employee development and create an inclusive workplace that promotes growth and empowerment. The award followed a rigorous three-month review, which looked into how the program was developed over the last five years, how it adapted before and after the pandemic, and how it meets the company’s business and organizational needs. As part of the evaluation, assessors conducted onsite visits and interviews with randomly chosen employees from various levels and business units across SM Prime.

There were over 70 entries submitted for the three award categories: People Program of the Year, People Manager of the Year, and Employer of the Year. SM Life emerged as one of 10 finalists and was recognized for its innovative people management approach. This is SM’s first time to join the PMAP Awards and the first-ever win for SM.

SM Prime Group wins the People Management Association of the Philippines (PMAP) People Program of the Year Award (Employee Experience and Engagement) for its longstanding commitment to employee well-being and development.

About SM Life

SM Prime Group employees are all smiles as they welcome their new virtual buddy, Primo, introduced during the launch of SMILE (SM Integrated Life Enablement), the company’s new human capital management system, on Oct. 10, 2024.

SM Life is the flagship program for integrated talent management within SM Prime Group. Launched in 2018 under the leadership of Hans Sy, Chairman of the SM Prime Holdings, Inc. (SM Prime) Executive Committee, SM Life empowers employees to learn, grow, and give back. It focuses on improving the overall employee experience, which SM Prime sees as essential to the company’s success. Since its launch, the program has seen significant sustainable improvements in employee retention, especially among high-potential talent, and a consistent downward trend in turnover rates over the past five years.

A child of an SM Prime employee learns how to bowl at the SM Bowling Center during the SM Prime Kids event, promoting family bonding.

A hallmark of the SM Life program is its focus on overall employee experience. From learning and development to employee recognitions, making employees feel valued through simple gestures like sharing kudos cards through the SM Life app. To date, over 100,000 online kudos cards have been given out, planting the seeds of a culture of appreciation across the company.

Coaching and mentoring are also key leadership responsibilities at SM Prime, embedded in the Key Performance Indicators (KPIs) of its leaders. This ensures employees receive ongoing guidance and support, driving both personal and professional growth.

An SM leader guides a colleague, reflecting SM Prime’s commitment to professional growth and talent development.

SM Prime President Jeffrey Lim expressed his gratitude for the award, saying, “The SM Life program reflects our commitment to empowering our employees to get more out of life through their work and the advocacies we uphold at SM Prime. Guided by the Sy family, our company champions the importance of developing our employees’ potential and strives to collectively embody the work-life principles of our founder, Tatang, Henry Sy, Sr.”

An SM employee is engaged with the Digi-U platform, a versatile tool that provides access to personalized learning pathways that can be used anytime and anywhere.

SM Supermalls Senior Vice-President of Human Resources and Program Lead for SM Life Cheryll Agsaoay added, “Anchoring on the powerful interplay of purpose, performance, and passion, these are the cornerstones of SM Life and the foundation of our people programs. We are committed to continuously evolving the employee experience at SM Prime Group. We celebrate our wins and work harder on what we need to be better at.”

This recognition affirms SM Prime’s commitment to its employees, reinforcing the company’s thrust to providing a positive, dynamic workplace that supports both holistic growth and engagement.

 


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