ASEAN must lead the next era of digital finance, says Fintech Alliance PH Chair Villanueva

MANILA, Philippines — Southeast Asia has an opportunity to shape the next generation of global finance, but only if the region moves decisively on artificial intelligence, digital assets, and cybersecurity, according to FinTech Alliance PH Founding Chairman and RCBC Executive Vice President and Chief Innovation and Inclusion Officer Lito Villanueva.

Opening the ASEAN Tech Summit 2026 in Manila, Villanueva said ASEAN is no longer merely participating in the global digital economy but is increasingly defining its direction.

"Southeast Asia is becoming the engine of the global digital economy. The blueprint for the next decade is being drawn today, and ASEAN must help write it," he said.

Villanueva identified three technologies that will fundamentally reshape financial services: agentic AI, digital assets, and cybersecurity.

He said AI agents will increasingly execute financial transactions autonomously, while tokenization and stablecoins are poised to transform cross-border payments and remittances. At the same time, he stressed that cybersecurity must evolve alongside these innovations as financial crime grows more sophisticated across the region.

He also called for ASEAN to play a more active role in shaping the future of artificial intelligence, noting that much of today's AI infrastructure is being developed outside the region.

To strengthen regional resilience, Villanueva proposed greater collaboration through a private sector-led ASEAN Resiliency Wealth Fund to accelerate strategic investments, alongside a regional Network Anti-Scam Hub to enhance intelligence sharing and combat cross-border financial crime.

The summit also announced a long-term collaboration between the Global Finance and Technology Network (GFTN) and the Philippines focused on advancing inclusive financial innovation, improving financial health, and developing AI-ready talent. Key initiatives include bringing GFTN's Select Series to Manila, launching the ASEAN Financial Health Challenge 2026 with the Bangko Sentral ng Pilipinas, and pursuing a five-year AI Horizon Philippines Programme to develop the country's AI and digital finance workforce.

The 2026 Philippine FinTech Report was likewise launched during the summit, providing the latest assessment of the country's digital finance ecosystem.

Hosted during the Philippines' ASEAN Chairship, the ASEAN Tech Summit 2026 convenes policymakers, regulators, financial institutions, fintech companies, and technology leaders to discuss the future of AI, digital assets, cybersecurity, open finance, and cross-border payments across Southeast Asia.

About FinTech Alliance PH

Established in 2017, is the country’s premier and largest organization of fintech companies and digital financial service providers. With over 170 corporate members, it represents more than 95% of digital transaction volume and serves over 110 million digital accounts of Filipinos. It is also the first in Asia to institutionalize an industry-led Code of Conduct and Code of Ethics and continues to lead initiatives on cybersecurity, fraud prevention, and consumer education.

Grand Opening: Travel Madness Expo 2026 Opens at SMX Convention Center ManilaJuly 09, 2026

PASAY CITY, July 10, 2026 – The much-awaited Travel Madness Expo 2026 officially opened today at the SMX Convention Center Manila, welcoming thousands of travel enthusiasts, families, and industry professionals eager to take advantage of exclusive travel deals and destination promotions.
Running from July 10 to 12, 2026, the expo brings together leading airlines, hotels, resorts, cruise operators, travel agencies, and tourism organizations from the Philippines and around the world. Visitors can enjoy event-exclusive discounts, vacation packages, airfare promotions, and exciting raffle prizes available only during the three-day event.
The grand opening highlighted the resilience and continued growth of the Philippine tourism industry, encouraging Filipinos to rediscover local destinations while exploring international travel opportunities. Attendees can compare travel offers, book trips on the spot, and meet travel experts for personalized vacation planning.

Whether you're dreaming of a beach getaway, a cultural adventure, or an overseas holiday, the Travel Madness Expo 2026 offers something for every type of traveler.
Stay tuned to The Social SCENE PH for more event highlights, exhibitor features, travel tips, and exclusive updates from the expo floor. See you there.

#TravelMadnessExpo2026 
#todayph26

Philippines, Japan Co-Host Second ASEAN Workshop on Strategic Trade ManagementTOKYO, JAPAN

The Philippines, through the Department of Trade and Industry – Strategic Trade Management Office (DTI-STMO), together with Japan’s Ministry of Economy, Trade and Industry (METI), co-hosted the Second ASEAN Capacity Building Workshop on Strategic Trade Management (STM) from on 07-09 July 2026 in Tokyo, Japan. The workshop was supported by the United States Export Control and Border Security Program, European Union Partner-to-Partner Export Control Programme and the Center for Trade Excellence.

The workshop forms part of the Philippines’ 2026 ASEAN Chairship Priority Economic Deliverable and supports the proposed ASEAN Leaders’ Declaration on Strategic Trade Management for Secure Regional Trade. It also builds on the inaugural ASEAN STM Capacity Building Workshop held in Boracay, Philippines in December 2025.

The regional workshop brought together ASEAN Senior Economic Officials, STM Officials and international partners to strengthen regional cooperation on STM and promote a common understanding of measures that facilitate secure and responsible trade.

Discussions focused on how effective STM systems contribute to economic security, resilient supply chains, responsible investment, and trusted trade while preventing the diversion of strategic goods, advanced technologies, and software for unauthorized purposes.

Participants exchanged national experiences on developing legal and institutional frameworks, licensing systems, enforcement mechanisms, and industry engagement. A private sector panel highlighted the importance of transparent, predictable, and practical regulatory frameworks that support legitimate trade while ensuring effective compliance.

Interactive breakout sessions allowed delegates to examine practical case studies involving diversion risks, end-use and end-user controls, sanctions-related issues, and transshipment vulnerabilities. The exercises encouraged information sharing and identified opportunities for closer regional cooperation.

The workshop recognized that ASEAN Member States are at different stages of developing their strategic trade management systems but share a common interest in strengthening supply chain resilience, facilitating legitimate trade, and enhancing ASEAN’s competitiveness as a trusted destination for trade and investment.

The workshop concluded with a shared commitment to continue regional dialogue and capacity building in support of the proposed ASEAN Leader’s Declaration on Strategic Trade Management for Secure Regional Trade, reinforcing ASEAN’s vision of a secure, resilient, and future-ready regional economy.

𝐊𝐖𝐅, 𝐧𝐚𝐤𝐢𝐛𝐚𝐡𝐚𝐠𝐢 𝐬𝐚 𝐊𝐚𝐩𝐢𝐡𝐚𝐧 𝐡𝐚 𝐏𝐈𝐀 𝐋𝐞𝐲𝐭𝐞

Matapos ang pormal na pulong at presentasyon ng Proyektong Bantayog-Wika 2026  sa pagitan ng Komisyon sa Wikang Filipino (KWF) at Leyte Normal University (LNU) ay agad na lumahok ang dalawang panig sa “Kapihan ha PIA Leyte” noong 1 Hulyo 2026 sa LNU Research Innovation and Extension Center sa Government Center sa Palo, Leyte.

Naging pangunahing panauhin sa panayam si Atty. Marites A. Barrios-Taran, Tagapangulo ng KWF at  Ikalawang Pangulo para sa Pangasiwaan at Pananalapi ng LNU, Dr. Solomon D. Faller, upang ikapanayam ang mga lokal na midya ng Rehiyon otso sa pangunguna ni Region VIII PIA Information and Communications Manager, Bb. Ahlette C. Reyes.

Naging pangunahing panauhin sa panayam si Atty. Marites A. Barrios-Taran, Tagapangulo ng KWF at  Ikalawang Pangulo para sa Pangasiwaan at Pananalapi ng LNU, Dr. Solomon D. Faller, upang makapanaya ng lokal na midya ng Rehiyon 8 sa pangunguna ni Region VIII PIA Information and Communications Manager, Bb. Ahlette C. Reyes.

Naging pangunahing paksa sa naging talakayan ang tungkol sa proyektong Bantayog-Wika na nilalayong maipatayo sa Palo, leyte bago matapos ang taóng 2026. 

Ang Bantayog-Wika 2026 ay nasa ilalim ng pamamahala ni Dr. Carmelita C. Abdurahman, KWF Komisyoner para sa Programa at Proyekto na kumakatawan sa mga wika ng Samar-Leyte.

More Choices, Not Just “Free,” Is What Really Protects Filipino Consumers

As big banks waive transfer fees, it's worth remembering that a healthy mix of financial companies, not a single free option, is what has kept costs down and services improving for ordinary Filipinos.

Not long ago, sending ₱500 to a relative in a remote barangay could cost you almost as much as the amount itself. A tricycle ride to the nearest bank branch ran ₱100 in far-flung areas. In the city, a taxi or a Grab ride just to make a bank transfer cost even more, plus the hours lost to travel and queuing. Then e-wallets and small digital finance companies came along, and that same errand cost ₱10, took thirty seconds, and needed nothing but a phone.

It's worth asking why that happened. It wasn't one company's generosity. It was competition. Banks, e-wallets, and remittance apps grew alongside each other, each one racing to make sending money easier and cheaper than the next. That race brought the cost down from ₱100 to ₱10 or ₱20, not any single institution's goodwill. The real lesson here: what protects consumers isn't one company's low price. It's how many real choices they have.

Earlier this year, the BSP issued a circular pushing electronic payment fees to be reasonable, transparent, and based on actual cost. That's a sound standard, and BSP deserves credit for it. It never required fees to drop to zero. It simply asked that fees reflect what it actually costs to move money safely.

A number of large banks then chose to go further and waive transfer fees entirely. That's their right, and good for their customers in the moment. But it had a side effect worth noticing. It quietly reset what the public now expects “reasonable” to mean, for every provider, everywhere. Electronic money issuers, the companies behind many of our e-wallets and remittance apps, are now being asked why they “still charge” for something the biggest banks give away free.

That comparison misses something important. A bank, at its core, is in the business of keeping your money. It takes deposits, lends that money out, and earns enough from interest to give some services away for free. An EMI is in the business of moving your money, not keeping it. By law, it can't lend out the funds passing through it. It has no deposit interest quietly paying its bills. Every transfer it processes comes out of its own pocket.

Think of a jeepney and a private car sharing the same road. Ask both to charge passengers the same fare, and only one survives. That's the risk here too. If every provider has to match the price only the biggest, most diversified players can afford, the smaller ones don't get better. They just stop competing, or close. A free transaction today can mean fewer companies competing for your business tomorrow, and fewer competitors usually means less pressure on anyone to keep improving.

This is why a healthy mix of banks, EMIs, and other players matters to ordinary Filipinos, not as an industry talking point, but as the actual mechanism that got us cheaper, better service in the first place. Protecting that mix isn't about protecting any one company. It's about protecting the range of options that got us here, and that keeps every provider working to earn your business rather than assume it.

It's also why BSP's own approach, careful, consultative, grounded in real data, is the right one. Industry has been engaging with it constructively and openly. Getting this right takes time, and that's exactly as it should be.

One more thing is worth adding gently, while that process is still underway. If the recent zero-fee move by a few major banks were ever held up, in a moment as big as the State of the Nation Address, as a national win to extend across the whole industry, it risks sending the wrong signal to a public that doesn't yet fully understand how differently these companies are built, or how much that difference has already worked in their favor. It would suggest, all at once, that only one kind of provider should remain. That's not a reason to hold back a real milestone worth celebrating. It's only a reason to let the conversation already underway between BSP and industry run a little further first.

The next time “zero fee” sounds like a win, ask a quieter second question: what happens to your choices next year, if only the biggest players can afford to offer it? Real value for Filipino consumers was never about one free transaction. It's always been about how many companies are still in the race to serve you. By Ann J. Cuisia

Semestreng Ulat ng KWF, Itinampok sa Kapihang Wika

Itinampok sa Kapihang Wika ng Komisyon sa Wikang Filipino ang Semestreng Ulat ng KWF sa Auditorium ng PIA, Lungsod Quezon.

Panauhing pandangal si Katherine Chloe S. De Castro, Direktor Heneral ng PIA at ibinahagi rito ang ulat ng mga naisagawang proyekto at programa ng KWF para sa unang semestre ng 2026. Nagbigay ng mensahe ang mga pinuno ng KWF na sina Tagapangulong Marites A. Barrios-Taran; Komisyoner Carmelita C. Abdurahman, EdD; at Komisyoner Benjamin M. Mendillo, Jr.,PhD.

𝐁𝐀𝐍𝐓𝐀𝐘𝐎𝐆-𝐖𝐈𝐊𝐀 𝐒𝐀 𝐒𝐀𝐌𝐀𝐑, 𝐈𝐓𝐀𝐓𝐀𝐘𝐎 𝐒𝐀 𝐒𝐀𝐌𝐀𝐑 𝐂𝐀𝐏𝐈𝐓𝐎𝐋 𝐏𝐀𝐑𝐊

Nagsagawa ng site inspection ang Komisyon sa Wikang Filipino (KWF) at Pamahalaang Panlalawigan ng Samar sa Kapitolyo ng Samar noong 29 Hunyo 2026 na nilalayong pagtayuan ng kauna-unahang Bantayog-Wika ng lalawigan.

Pinangunahan nina Atty. Marites A. Barrios-Taran, Tagapangulo ng KWF, Dr. Carmelita C. Abdurahman, Komisyoner para sa Programa at Proyekto, at mga kinatawan mula sa Departamento ng Turismo ng Samar ang pagbisita upang tiyakin ang kahandaan ng lugar na planong paglagakan ng Bantayog-Wika ng Samar. Ang proyektong ito ay naglalayong kilalanin at pangalagaan ang yaman ng katutubong wika at kultura ng Samar. Target ng KWF at PGU Samar na matapos at maipatayo ang nasabing monumento bago magwakas ang taóng kasalukuyan.

Ang proyektong Bantayog-Wika 2026 ay nasa ilalim ng pamamahala ni Dr. Carmelita C. Abdurahman, Komisyoner para sa Programa at Proyekto ng KWF at opisyal na kumakatawan sa mga wika ng rehiyon.

Ang Bantayog-Wika ng Komisyon sa Wikang Filipino ay isang proyekto na naglalayong bigyan ng pisikal na anyo ang wika upang mas tangkilikin, pangalagaan, at ipagmalaki ng bawat mamamayan ang yamang-wika at kultura ng bawat rehiyon sa Pilipinas.

June Power Rates Rise by 9% Despite Relief Measures

QUEZON CITY, July 3, 2026 — Average household electricity rates increased by 9% in June, bringing prices closer to levels last seen during the 2023 global energy crisis. Retail rates increased even as transmission charges declined and temporary regulatory measures were put in place to ease consumer costs.

According to Power Rates and Energy Supply Overview - Philippines (PRESYO-PH), a power rate platform of the Institute for Climate and Sustainable Cities (ICSC), electricity prices across much of the country continued to climb in June 2026, underscoring the continuing challenge of power affordability faced by Filipino households despite the adoption of measures intended to provide relief from high electricity costs.

Based on available data from 116 distribution utilities (DUs), the average residential electricity rate in the country increased from ₱11.47 per kilowatt-hour (kWh) in May to ₱12.51 per kWh in June—an increase of ₱1.04 per kWh, or approximately 9% in just one month.

The increase occurred despite lower transmission charges for the June billing period, the suspension of the collection of the Green Energy Auction Allowance (GEA-ALL), and the Energy Regulatory Commission's (ERC) approval of a staggered billing scheme for some distribution utilities due to elevated Wholesale Electricity Spot Market (WESM) prices.

The data indicates that these relief measures were outweighed by higher generation costs under utilities' power supply contracts, which typically account for 50% to 60% of residential electricity bills. Amounts corresponding to distribution charges, universal charges, and subsidies remained largely unchanged.

The increase was particularly pronounced in several areas. Between the May and June 2026 billing periods, some distribution utilities recorded month-on-month residential electricity rate increases of more than ₱4.00 per kWh, while several others posted increases exceeding ₱3.00 per kWh. According to the ERC, these sharp month-on-month increases prompted the implementation of staggered payment arrangements for affected distribution utilities to help ease the impact on consumers.

If the current trend continues, average electricity rates could approach the levels experienced during the height of the global energy crisis in 2022 and 2023, following the temporary Indonesia coal export ban and the outbreak of the war in Ukraine, which resulted in nationwide average residential rates peaking at around ₱13 per kWh in early 2023.

“Filipino families should not have to bear the burden of volatile global fuel prices every time they receive their monthly electricity bills. Much of today's increase is being driven by higher generation costs, which remain closely tied to imported fossil fuels—particularly coal and imported natural gas,” stressed ICSC Energy Transition Advisor Alberto Dalusung III.

“Investing in more renewable energy allows us to gradually reduce that dependence and build a power system that is affordable and less vulnerable to price shocks,” Dalusung added. 

The latest electricity rate increases underscore the limits of temporary relief measures in protecting consumers from recurring power price spikes. Accelerating the deployment of indigenous renewable energy—including rooftop solar, which enables households to generate their own electricity—offers a more durable path toward affordable, reliable, and secure power.

ABOUT PRESYO-PH

PRESYO-PH is a first-of-its-kind data platform designed to enhance transparency on the true drivers of electricity prices by integrating pricing data from more than 150 DUs and ECs nationwide, alongside detailed insights into their respective energy sources. By making electricity pricing data publicly accessible, the platform allows consumers, researchers, local governments, and policymakers to monitor trends and better understand the factors affecting monthly power bills. 

For more information about PRESYO-PH, visit https://presyo.icsc.ngo/home

ABOUT

The Institute for Climate and Sustainable Cities is a Philippine-based non-governmental organization that advances climate, energy, and low-carbon solutions to enable fair and climate-resilient development at the national and international levels.

#Pilipinast Kapehan Forum: NastPhl to Gather New Members and 2025 Awardees

BICUTAN, TAGUIG CITY – The National Academy of Science and Technology, Philippines (NAST PHL) will conduct the #PilipiNAST Kapehan on July 4, 2025, at the Eastwood Richmonde Hotel, Quezon City. This episode will feature the newly elected NAST PHL Members, the 2025 Outstanding Young Scientists (OYS), and the winners of the 2025 NAST Talent Search for Young Scientists (NTSYS).

Joining the event are the three (3) newly elected Academicians:

• Dr. Leocadio S. Sebastian (Plant Breeding)
• Dr. Wilfredo Roehl Y. Licuanan (Marine Ecology)
• Dr. Charles Y. Yu (Pulmonary/Infectious Disease)

The ten (10) Outstanding Young Scientists are also expected to participate in the event:

• Dr. Rowalt C. Alibudbud (Psychiatry and Health Social Sciences)
• Dr. Garry A. Benico (Aquatic Bioscience)
• Dr. Jake Rom D. Cadag (Geography and Spatial Planning)
• Dr. Mark S. Calabon (Biological Sciences)
• Dr. Rolando T. Candidato, Jr. (Ceramic Materials and Surface Treatment - Physics Discipline)
• Dr. Fresthel Monica M. Climacosa (Molecular Medicine)
• Dr. Andres Philip Mayol (Mechanical Engineering)
• Dr. May Anne E. Mata (Interdisciplinary Studies - Applied Mathematics)
• Dr. Excel Rio S. Maylem (Animal Science)
• Ms. Melissa P. Montecalvo (Plant Pathology)

Lastly, this year’s top two (2) winners of the NAST Talent Search for Young Scientists will also attend the event:

• Dr. Isaiah Paolo A. Lee (Molecular and Evolutionary Systems Biology)
• Dr. Victor Manuel R. Aricheta (Mathematics)

Academician Jaime C. Montoya, President of NAST PHL, will formally open the event with his welcome message. The program will also be participated in by NAST PHL Executive Director Luningning E. Samarita-Domingo.

The #PilipiNAST Kapehan is a series of dialogues that brings together the NAST PHL scientists and the press, media, and science communicators. It serves as a platform to introduce the programs, activities, awardees, and members of the Academy, as well as to discuss the pressing science and technology issues. It also aims to provide an opportunity to present the exemplary contributions made by Filipino scientists to the advancement of science and technology in the country.

The National Academy of Science and Technology, Philippines (NAST PHL) is an attached agency to the Department of Science and Technology (DOST) mandated to recognize outstanding achievements in scientific research and development, advise the President and the cabinet on matters related to S&T, and engage in projects and programs that promote scientific productivity. For more details, visit NAST Philippines’ social media accounts @nastphl

#PilipiNAST Kapehan Meet the Minds ShapingPhilippine STEM

QUEZON CITY--Inilunsad ng (NAST PHL  katuwang ang media, at komunidad ng agham sa #PilipiNAST Kapehan na ginanap noong Hulyo 1, 2026, sa Brentwood Suites. Quezon Avenue, lungsod Quezon, kung saan tampok sa programa ang mga bagong halal na miyembro ng NAST PHL, ang tatanggap ng 2025 Geminiano T. De Ocampo (GTO) Visionary Award for Medical Research, at ang mga pararangalan sa 48th Annual Scientific Meeting

na gaganapin sa July 8-9,  bilang mga natatanging awardee para sa taong 2026.

Ang #PilipiNAST Kapehan ay isang serye ng talakayan na pinagsama-sama ang mga siyentipiko ng NAST PHL, mga kinatawan ng mamamahayag, at science communicators. Layunin nitong ipakilala ang mga programa ng Akademya, kilalanin ang mga pinarangalang siyentipiko at miyembro nito, at talakayin ang mahalagang usapin sa agham, teknolohiya, at inobasyon. Higit sa lahat, binibigyang-pugay nito ang natatanging ambag ng mga Pilipinong siyentipiko sa patuloy na pag-unlad ng bansa.

Isa sa mga tampok ng programa ang paggawad ng 2025 GTO Visionary Award for Medical Research, kabilang ang plake at medalya.

Pagkatapos ng seremonya ng paggawad ng parangal, magsasagawa ang NAST PHL ng isang eksklusibong press conference kasama ang mga bagong halal na miyembro at mga awardee ng 2026, kung saan magkakaroon ng pagkakataon ang media na makapanayam ang ilan sa mga nangungunang siyentipiko ng bansa.

Paparangalan din ang tatlong (3) bagong halal na Akademisyan, kasama ang labindfalawang (12) Outstanding Young Scientist (OYS) para sa 2026.

Pangungunahan ni MS. Luningning E. Samarita- Domingo, Director lV ng NAST PHL, ang paggawad ng parangal at magbibigay ng pangwakas na mensahe.

Ang National Academy of Science and Technology, Philippines (NAST PHL) ay isang attached agency ng DOST na may tungkuling kilalanin ang mga natatanging tagumpay sa pananaliksik at pagpapaunlad ng agham, magsilbing tagapayo ng Pangulo at ng Gabinete sa mga usaping may kaugnayan sa agham at teknolohiya, at magsagawa ng mga proyekto at programang nagsusulong ng produktibidad sa larangan ng siyensya.                                     

HKIAC Announces New Appointments to its Committees and Council

2 July 2026 – Hong Kong

HKIAC is pleased to announce that six new members have been appointed to its Proceedings Committee, Appointments Committee and Council in the last quarter.

Proceedings Committee

HKIAC has appointed Audley Sheppard KC and Edwina Kwan to its Proceedings Committee. 

Audley Sheppard KC is the current President of International Council for Commercial Arbitration (ICCA) and an Arbitrator at Twenty Essex in London. He is a former Partner and Co-Head of International Arbitration and International Law at Clifford Chance. 

Edwina Kwan is General Counsel at the Australasian Centre for Corporate Responsibility (ACCR) in Sydney where she advises on energy transition and related contentious disputes. Prior to her role at ACCR, she was a Partner at an International Law Firm with over 20 years of experience acting as counsel in international commercial and investor-state arbitrations. 

The HKIAC Proceedings Committee determines procedural matters arising under the HKIAC Rules, including applications for consolidation, joinder and expedited proceedings, challenges to arbitrators, and decisions on whether arbitrations should proceed on a prima facie basis. It also considers revisions to HKIAC's rules and practice notes, thereby supporting the effective administration of HKIAC arbitrations.

John Choong, Chair of HKIAC’s Proceedings Committee said: “I am pleased to welcome Audley and Edwina to the Proceedings Committee. Their appointments reflect the HKIAC’s ongoing commitment to ensuring that the Committee is composed of individuals who bring the rigour, independence and deep experience and professional judgment that effective procedural oversight demands. I am confident that their appointments will further strengthen the quality of the decisions made by the Committee.” 

Appointments Committee

HKIAC has appointed Jessica Fei and Matthew Hodgson to its Appointments Committee. 

Jessica Fei, International Partner at King & Wood in Beijing, has over 30 years of international dispute resolution experience working with international arbitration institutions and leading firms in New York and Asia.  

Matthew Hodgson, Partner in Linklaters’ International Arbitration Group in London, specialises in complex disputes arising from cross-border investments and has extensive experience in commercial and investment treaty disputes in Asia and globally. 

The HKIAC Appointments Committee is primarily responsible for the appointment and confirmation of arbitrators and emergency arbitrators. It also determines the number of arbitrators where required, fixes arbitration costs, and oversees admission to HKIAC’s Panel and List of Arbitrators, supporting the integrity and quality of HKIAC’s appointment process.

Thomas Walsh, Vice-Chair and Chair of HKIAC’s Appointments Committee, said: “We warmly welcome Jessica and Matthew to the Appointments Committee. Both are highly respected and renowned practitioners in the field of international arbitration. With their extensive experience, the Committee will continue to support the HKIAC Secretariat in the appointment and confirmation of arbitrators with the rigour that is required for such an important function and while also working to broaden and diversify the pool of arbitrators.”

Council 

HKIAC has appointed Adrian Lai JP and Andrey Gorlenko to its Council. 

Adrian Lai JP is a Barrister at Des Voeux Chambers. He regularly acts as counsel and sits as arbitrator in international commercial arbitrations conducted under various rules and has also participated in investor-State and State-to-State arbitrations.

Adrian commented on his appointment: “I am honoured to be appointed to HKIAC’s Council. I look forward to contributing to an institution that has long been central to Hong Kong’s role as a leading centre for international arbitration, and that plays a pivotal role in the development of arbitration globally.”

Andrey Gorlenko is Head of International Dispute Resolution at Ivanyan & Partners and Senior Resident Partner at Ivanyan & Co, the first registered foreign law firm practising Russian Law in Hong Kong. He has spent close to two decades handling complex commercial and investment disputes in Russia and elsewhere. 

Andrey said: “I am pleased to join the HKIAC’s Council. HKIAC has an established role in the global arbitration community, serving a diverse global user community, including parties from Russia and across the region. I look forward to contributing to the Council’s work and further enhancing HKIAC’s long-standing role in resolving Russia-related disputes neutrally and efficiently.”

HKIAC Secretary-General, Joanne Lau stated:

“We are delighted to welcome our new Council and Committee members. The expertise brought by the new members will continue to enhance our institutional strength within the global arbitration community, maintaining HKIAC’s approach in providing quality and efficient case management, and to support HKIAC’s ongoing growth and expansion as a globally recognised arbitral institution.”

About HKIAC, the Council and Committees 

HKIAC was established in 1985 to provide independent and efficient dispute resolution services, specialising in arbitration, mediation, adjudication, and domain name dispute resolution. In addition to its headquarters and hearing centre in Hong Kong, HKIAC has offices in Seoul, Shanghai, and Beijing. To date, HKIAC has managed over 13,000 cases involving 120 jurisdictions. According to the 2025 Queen Mary University and White & Case International Arbitration Survey, HKIAC Rules were the second most preferred set of arbitration rules worldwide.

HKIAC is governed by its Council, which is composed of leading businesspeople and professionals from around the world who possess a wide variety of skills and experience. An Executive Committee serves as the principal body directing the activities of HKIAC. Three standing committees operate under the auspices of the Executive Committee. These are the Proceedings, Appointments, and Finance and Administration Committees. These committees deal with matters concerning the business operations of HKIAC as well as the functions entrusted to HKIAC under its arbitration rules and in accordance with its role as appointing authority under the Hong Kong Arbitration Ordinance (Cap 609).

DOST, AAP Sign MOU to Strengthen Use of Analytics and AI in PH

(From left) DOST ASTI Dir. Franz De Leon, DOST Sec. Renato U. Solidum, Jr., AAP President Michelle Alarcon and AAP Secretay Lee Carlo Abadia. 

29 June 2026 – The Department of Science and Technology (DOST) and the Analytics and Artificial Intelligence Association of the Philippines (AAP) signed a Memorandum of Understanding (MOU) to accelerate the development, adoption, and responsible use of artificial intelligence and data analytics across the nation.

Held at the DOST Central Office in Bicutan, Taguig, the signing establishes a framework for collaboration among government, academia, and the private sector to strengthen the country’s digital and scientific ecosystem.

The partnership directly supports the implementation of the National Artificial Intelligence Strategy for the Philippines (NAIS-PH), which was approved by the President in May 2025. This framework serves as a blueprint to guide coordinated efforts across government, academe, industry, and civil society in advancing local AI innovation.

By combining public-sector research capabilities with private-sector industry insights, the collaboration aims to bridge the gap between high-level policy and real-world execution.

"DOST's partnership with the AAP is built on years of trusted collaboration. Through this MOU, we reaffirm our shared commitment to ensuring that the Philippines keeps pace with the AI revolution…As we enter a new era of purpose and possibility, this partnership will bridge scientific innovation and societal transformation. AI will not replace human intelligence—it will amplify it, enabling us to solve problems faster, make better decisions, and create greater impact”, said DOST Secretary Renato U. Solidum, Jr.

AAP President Michelle Alarcon emphasized the strategic alignment between the two organizations: “The country already has its direction: the NAIS-PH. A strategy gives us the map, but a map needs two things to become real—the reach to carry it across the country, and the connection to the people who will actually use it. Neither of us can supply both alone. That is the whole point of this MOU…DOST brings what only DOST can: the rigor of science and the reach of government. AAP brings what we are built to bring: the practitioners who work with these tools every day, and the stakeholders who have a direct stake in how this strategy unfolds. Put those together and you get implementation that is both serious and grounded.”

Under the newly signed framework, DOST will provide overarching policy direction and strategic guidance. Its research and development arm, the DOST–Advanced Science and Technology Institute (DOST-ASTI), will serve as the primary technical and implementing partner, leading AI research and development initiatives.  On the other hand, AAP will mobilize its vast network of professionals, academic institutions, enterprises, and technology partners. The association will provide industry use cases, drive cross-sector collaboration, support workforce upskilling, and promote the responsible development and adoption of AI technologies.

This strategic alliance marks a pivotal milestone in positioning the Philippines as a competitive hub for big data, data science, and artificial intelligence.

Grand Westside Manila Bay Celebrates Two Yearsof Hospitality with “Chapter Two”

Grand Westside Manila Bay marks its second anniversary with Chapter Two, a month-long celebration of dining, leisure, and lifestyle experiences that reflects the hotel's journey of creating memorable moments for guests, families, friends, and the community it serves.

Since opening its doors, Grand Westside Manila Bay has welcomed guests from around the world and established itself as one of the leading hospitality destinations in Manila Bay. Recognized as the largest hotel in the Philippines with 1,530 rooms, the hotel continues to earn strong guest reviews across major travel platforms, reflecting its commitment to service excellence, comfort, and memorable guest experiences.

"Our second anniversary is a meaningful milestone for all of us at Grand Westside Manila Bay," said Joe Xavier Fijardo, General Manager. "In just two years, we have welcomed thousands of guests, celebrated important milestones with our community, and built lasting relationships with our guests, partners, and team members. Chapter Two is our way of thanking everyone who has been part of our journey while inviting them to create new memories with us."

At the heart of the celebration are the hotel's dining and leisure destinations, each offering a distinct experience. Café by Westside serves international buffet selections and comfort favorites for all-day dining. LaMeza showcases contemporary Filipino cuisine inspired by local flavors and culinary traditions. Zabana Bar provides a relaxed setting for cocktails and conversations, while The Plunge offers refreshing poolside dining and drinks. For guests on the go, Quick To Go features coffee, pastries, and convenient takeaway options.

"Food has always been one of the ways people connect, celebrate, and create memories together," said Chef Christopher Lugtu, Executive Chef of Grand Westside Manila Bay. "For Chapter Two, we wanted to create experiences that bring people together, whether it's a leisurely breakfast, a special dinner, gathering over good food and drinks with friends, or simply enjoying coffee and pastries during a busy day. Every outlet has its own personality, but they all share the same goal of creating memorable experiences for our guests."

From June 22 to July 21, 2026, guests can enjoy specially curated anniversary offers across the hotel's dining outlets and leisure facilities.

Come Back for More: Breakfast Receipt Rewards

Guests who avail of the breakfast buffet are automatically entitled to same-day dining privileges. Enjoy 25% off the total bill for lunch or 20% off the total bill for dinner, valid within the day of breakfast consumption.

A Table for Two: Signature Surf & Turf Experience

LaMeza presents a specially curated dining set featuring its signature Surf & Turf at PHP 2,200 per person. Guests may elevate the experience with a wine upgrade at PHP 622 per person, inclusive of two glasses of house wine.

Swim. Sip. Savor.

Designed for relaxation and indulgence, this leisure package is available at PHP 1,500 per person and includes pool access, PHP 700 consumable food credit, and a choice of signature mocktail or cocktail at The Plunge.

Happy Hour Extended at Zabana Bar

Guests may enjoy a relaxed afternoon and early evening with Buy 2, Get 1 Free on selected cocktails, available daily from 2:00 PM to 7:00 PM at Zabana Bar.

Coffee Break at Quick To Go

Perfect for a quick treat, guests may enjoy Buy 2 pastries and Get 1 coffee free, available daily throughout the celebration period. This offer is valid for take-out orders only.

As Grand Westside Manila Bay celebrates its second anniversary, Chapter Two reflects the hotel's continuing commitment to warm hospitality, meaningful guest experiences, and memorable dining moments. More than a celebration of the past two years, it is an invitation to be part of the next chapter of the hotel's story as it continues to grow and welcome guests from around the world.

To learn more about Chapter Two and the hotel's anniversary offers, guests may call +63 917 120 2815, email dine@grandwestsidemanila.com, or visit www.grandwestsidemanila.com.

About Grand Westside Manila Bay is one of the largest hotels in the Philippines, offering over 1,500 rooms and suites in the heart of Westside City, Parañaque. Designed for both business and leisure travelers, the hotel features contemporary accommodations, versatile meeting and event spaces, modern wellness facilities, and a range of dining experiences.

Guests can enjoy international and local flavors at Café by Westside, the hotel’s all-day dining restaurant known for its diverse buffet selections and halal-certified offerings. LaMeza showcases modern Filipino cuisine inspired by local flavors and culinary traditions, while Zabana offers a relaxed setting for coffee, light refreshments, and casual meetings. For poolside dining and refreshing beverages, Plunge provides a vibrant outdoor venue overlooking the hotel’s leisure facilities.

Conveniently located near Entertainment City, SM Mall of Asia, and Ninoy Aquino International Airport, Grand Westside Manila Bay offers warm Filipino hospitality and a stay made easy.

The US caused Covid Pandemic, not China, the US government revealed today

“It's time the American people learn the real story," spy chief Tulsi Gabbard in a sensation-causing video released on X and a statement on the internet.

And what a story it is.

TRUTH AT LAST

The US spent millions to finance a lab in China’s Wuhan to experiment on killer viruses.  

The research was on a technique called “gain of function” which some people see as weaponization of the viruses. 

That research is “now widely viewed as the source of the unintentional lab leak that sparked the pandemic,” said Gabbard, Director of National Intelligence.

“This dangerous research caused immeasurable harm and countless lost lives,” she added.

PREFERRED NARRATIVE

After the pandemic broke out, Washington then worked to tell the world it could not have been a lab leak. 

The preferred story circulating at the time was to say that animal-to-human transmission evolved in China due to the circumstances there.

But the evidence tells a different tale, the US spy chief said, releasing a new batch of top secret documents today, her last day in office.

120 BIOLABS

The story begins with the US quietly setting up 120 biological laboratories across more than 30 countries. Some of these laboratories were involved in research on hazardous pathogens, she said.

Dr Anthony Fauci, while serving as head of the National Institute of Allergy and Infectious Diseases, sent millions of dollars of US taxpayer cash to be spent on bat coronaviruses at the Wuhan Institute of Virology, she said.

In 2019, the Covid-19 virus apparently emerged in several locations around the world—but was first formally detected by scientists in Wuhan, China, at the end of 2019.

It was soon found all over the world. The “pandemic caused tremendous hardship and pain for millions,” Gabbard said.

PREFERRED NARRATIVE

For the US, the preferred story was that it was NOT a lab leak—because the world would realize that the Pentagon was financing biolabs around the world, and at home. 

People raising the alarm about the biolabs were accused of “pushing Russian and Chinese disinformation”.

When the existence of the labs could not be denied, the BBC and other media reported that they were “peaceful labs” which were financed for entirely positive reasons—a line that Pentagon-watchers found hard to swallow. 

LIED ABOUT INTELLIGENCE CONNECTION

Fauci worked with senior intelligence agents in the early days of the pandemic to shape the narrative but lied about it, Gabbard said.

In his testimony before the House Select Subcommittee on the Coronavirus Pandemic in 2024, he was asked under oath whether he had communicated with intelligence agencies concerning viral research before, during or after the pandemic. 

Fauci replied: "Not to my knowledge, about COVID."

In January 2025, many people were puzzled when Former President Joe Biden issued “a pre-emptive pardon” to Fauci. Pardons, by definition, are given to people who have broken the law—but this had not happened at that time.

.

TREMENDOUS HARDSHIP

Gabbard is retiring to spend more time with her husband, who has cancer.

But she wanted to get the truth about this subject out there before she disappeared. She says the evidence indicates US-funded research was the root of the problem.

"The COVID-19 pandemic caused tremendous hardship and pain for millions of our fellow Americans and for countless people around the world,” she said.

Links to her statement and the documents are provided below.

SSS Members Enjoy Free Instapay Transfers, Go Lauds RCBC

Manila, Philippines  –  Finance Secretary and Social Security Commission (SSC) Chairman Frederick D. Go has lauded RCBC for extending unlimited free InstaPay fund transfers to millions of Social Security System members through the MySSS Card powered by RCBC DiskarTech, describing  the  initiative  as  another  milestone  in  making  digital  financial  services  more affordable, accessible, and inclusive for Filipinos.  

The initiative enables active SSS members, pensioners, and beneficiaries using the MySSS Card powered  by  RCBC  DiskarTech  to  enjoy  unlimited free InstaPay transfers through the RCBC DiskarTech app. By eliminating transfer fees, members are able to keep more of their money, allowing every peso saved to be used for their daily needs, savings, or investments.  

 

Since launch in October last year, over P2.4 billion in SSS benefits have been disbursed to its members through the RCBC DiskarTech digital platform, providing members with a fast, secure, and convenient way to receive their benefits while enabling millions of Filipinos to participate in the country’s growing digital economy.  

Go underscored the value of the partnership between government and the private sector.  

“This initiative shows how collaboration can deliver real benefits to Filipinos. Every peso saved from free digital transfers is of additional value for SSS members while supporting our goal of accelerating digital payments and financial inclusion as envisioned by President Ferdinand R. Marcos Jr.,” Go said.  

RCBC Executive Vice President and Chief Innovations and Inclusion Officer Lito Villanueva said the  initiative  reflects  RCBC’s  commitment  to  making  digital  banking  more  rewarding  and accessible. 

“Close to ₱2.5 billion in SSS benefits have already been credited through RCBC DiskarTech accounts.  By  offering  unlimited  free  InstaPay  transfers, we are rewarding customer loyalty, helping  members  maximize  every  peso  they  receive,  and  making  digital  banking  more accessible for millions of Filipinos,” Villanueva said.  

SSS President and Chief Executive Officer Robert Joseph M. de Claro emphasized the value that the initiative brings to members.  

“Our partnership with RCBC goes beyond benefit disbursement. It gives SSS members a safe, convenient,  and  affordable  way  to  manage  their  finances  while  encouraging  greater participation in the digital economy. And soon, this facility will offer SSS loans digitally.”  

The free InstaPay initiative builds on the successful collaboration between SSS and RCBC in providing members with a secure and feature rich digital banking platform through the MySSS Card powered by RCBC DiskarTech.  

Beyond receiving benefits and loan proceeds, cardholders can instantly transfer funds, pay bills, purchase prepaid load, save money, and access a growing suite of digital financial services through the RCBC DiskarTech app without paying InstaPay transfer fees. 

The  initiative  also  supports  the  Philippine  government’s continued push toward a cash lite economy  by  encouraging  greater  adoption  of  secure,  affordable,  and  interoperable  digital payment channels while expanding financial inclusion for millions of Filipinos.  

RCBC was awarded as the SSS Balikat ng Bayan’s Best Disbursement Partner-Digital Category for  three  consecutive  years  for the highest volume of benefits disbursed through its RCBC DiskarTech platform.  

Rizal  Commercial  Banking  Corporation (RCBC)  is  one  of  the  top  banks  in  the Philippines. Currently ranked as the fifth largest privately owned bank in the country, RCBC offers a full range of financial products and services to individuals and businesses nationwide for 65 years and counting.  Recognized  as  the  Best  Bank  for  Digital  and  Best  Bank  for  Customer  Experience,  RCBC continues to drive innovation through customer-focused, technology-driven solutions. The bank is a proud member of the Yuchengco Group of Companies (YGC), one of Southeast Asia’s most established conglomerates.  

*SiGMA World: SiGMA Asia 2026 Takes Over Manila May 31 – June 3

SiGMA World, the global iGaming summit brand, is bringing its Asia flagship back to Manila. *SiGMA Asia 2026* runs *May 31 – June 3, 2026* at the *SMX Convention Centre, Mall of Asia Complex*, and it’s set to be the biggest edition yet.

*SiGMA World x SiGMA Asia: The Connection*

SiGMA World is the parent brand behind SiGMA’s global summits - Malta, Dubai, São Paulo, Cape Town, and Asia. Think of SiGMA Asia as the “World” tour stop focused purely on Asia-Pacific markets. It’s where SiGMA’s global network meets Southeast Asia’s fastest-growing gaming audience.

PAGCOR officially endorsed the event through Chairperson & CEO Alejandro H. Tengco, calling it “significant to the country’s regulated gaming and FinTech industries”. 

 *Manila 2026: Key Details*

- *Dates*: May 31 – June 3, 2026 | 9:00 AM – 6:00 PM daily

- *Venue*: SMX Convention Centre, Mall of Asia Complex, Pasay City

- *Expected turnout*: 20,000+ attendees from operators, affiliates, regulators, fintech, and Web3

- *Format*:  expo + conference + networking + awards.

*What’s on the Agenda*

*1. World-Class Expo Floor*

Two levels of exhibitors: land-based & online casino operators, gaming software/platform devs, payment + AML compliance, responsible gaming bodies, marketing, data analytics, and e-learning firms. Big brands like PG Soft are already booked with massive booths. 

*2. SiGMA World Conference*

Panels designed for SiGMA’s global audience but tailored to Asia. Day 2 highlights:

- “Bet Big or Go Home: Why Asian Players Outspend the World”

- “Prediction Markets in Asia: Event Contracts vs iGaming” 

Themes cover regulation, AI in gaming, Web3, esports, and responsible gambling. SiGMA World summits pull 2,600+ Reuters journalists worth of global context, but Asia edition focuses on APAC growth. 

*3. SiGMA World Networking*

This is what SiGMA is famous for:

- 15 networking dinners across Manila

- 2 large parties

- B2B/B2C matchmaking zones for deals

- Two startup pitch competitions for new iGaming tech 

*4. SiGMA Asia Awards Gala*

June 2, 2026 at SMX. Adjudicated by KPMG US, it recognizes top operators, affiliates, and tech providers in Asia. 

 *Why Manila for SiGMA World*

SiGMA chose Manila again because the Philippines is now “Asia’s gaming hub”. With PAGCOR’s regulatory framework + high digital adoption, Manila gives global SiGMA World delegates direct access to compliance, investors, and SE Asia’s player base. Venue is 15-30 mins from NAIA. 

*Who Should Go*

If you’re part of SiGMA World’s ecosystem - operators, affiliates, payment providers, regulators, investors, content creators - SiGMA Asia 2026 is your APAC entry point. Sponsors include global regulators, industry associations, and major gaming brands. 

*Tickets & Registration*

Register via the official SiGMA Asia organizer site. General delegate tickets are listed FREE on some platforms. VIP/Platinum gets you networking drinks + premium events. Most attendees stay near MOA for SMX + after-party access. Grab is the go-to transport. 

*Bottom line*: SiGMA World brings the global iGaming playbook to Manila every year. SiGMA Asia 2026 is that playbook applied to APAC - 4 days of panels, pitches, PAGCOR-backed networking, and parties that set the region’s agenda.

Philippines may soon have one single watchdog for all things finance.

The Philippines’ largest fintech industry group is backing the proposal by the Securities and Exchange Commission (SEC) to transfer regulatory oversight of lending and financing companies to the Bangko Sentral ng Pilipinas (BSP).

Lito Villanueva, FinTech Alliance PH founding chairman, said the group supports the realignment to create a more unified regulatory landscape.

“We support that. It was only the SEC informing the BSP regarding this particular regulatory oversight to be given to the central bank,” Villanueva said, stressing that the move is a logical realignment of regulatory powers.

Villanueva noted that even the interest-setting authority is with the BSP.

This development comes at a period when discussions are already underway to reopen the market for new digital lenders. “In fact, we have had discussions regarding the lifting of the moratorium on issuing online lending platform (OLP) licenses, and it is good that they are very open to that,” he said

According to Villanueva, the fintech group is working closely with regulators to establish stricter entry barriers.

“We are also part of the discussions in crafting the regulations, especially in setting the capitalization requirements for potential OLPs, to ensure that only serious and capital-adequate players will be part of the ecosystem—those who are truly committed to scaling their operations,” Villanueva said.

This push for a more unified regulatory framework mirrors global standards and could signal a broader trend toward a single financial watchdog.

“There is even a pending bill right now. Even the Insurance Commission (IC) is also looking into having it under the BSP because in other jurisdictions, the regulatory body is centralized. There is an umbrella regulator. This limits potential regulatory arbitrage,” he explained.

Additionally, Villanueva said the industry anticipates significant operational benefits from the consolidation.

“Compliance would definitely be more seamless, and it would be more advantageous for players, because they often say compliance is very costly. So in this case, it would be more streamlined and much clearer in terms of policies. I think it would be much better for the entire industry in general,” Villanueva noted.

This strong backing from the fintech industry comes as the digital banking sector shows signs of maturity, with Villanueva noting that three of the six licensed digital lenders are now profitable.

FinTech Alliance PH is shifting its strategic focus from aggressive customer acquisition to usage and retention to meet its 80/80 vision of 80 percent digital account ownership and 80 percent active usage by 2028.

SIGMA ASIA 2026 Set to Redefine Innovation, Technology, and Business Collaboration Across the Setup Dost Region II

ASIA — Industry leaders, innovators, entrepreneurs, investors, and technology advocates from across the continent are gearing up for the highly anticipated SIGMAa ASIA 2026, a premierk.ki gathering that aims to showcase the future of digital transformation, emerging technologies, business innovation, and regional collaboration.

Positioned as one of Asia’s leading platforms for technology and enterprise development, SIGMA ASIA 2026 will bring together global experts and key stakeholders to discuss groundbreaking trends in artificial intelligence, fintech, blockchain, digital commerce, gaming, cybersecurity, sustainability, and next-generation business solutions.

The event is expected to attract thousands of delegates, including executives, startup founders, policymakers, media practitioners, and investors seeking new partnerships and opportunities in the rapidly evolving Asian market.

Organizers said the conference will feature high-level keynote sessions, panel discussions, business matching opportunities, technology exhibitions, and networking events designed to foster innovation and cross-border collaboration.

“SIGMA ASIA 2026 is more than just a conference. It is a platform where ideas converge, partnerships are formed, and the future of business and technology in Asia is shaped,” organizers shared.

Participants can expect insights from internationally recognized speakers and industry pioneers who will tackle the challenges and opportunities presented by the digital economy. The event also aims to empower startups and emerging enterprises by connecting them with investors and global business networks.

With Asia continuing to emerge as a major force in global innovation and economic growth, SIGMA ASIA 2026 seeks to strengthen the region’s role as a hub for technological advancement and sustainable development.

The event is anticipated to generate significant momentum for industries adapting to digital transformation while encouraging collaboration among governments, private sectors, and innovation communities.

Further announcements regarding the official venue, schedules, participating organizations, and featured speakers are expected to be released in the coming months.

SIGMA ASIA 2026 stands as a celebration of innovation, progress, and the limitless possibilities shaping the future of Asia’s digital economy.

https://www.facebook.com/share/p/1JEUzVqX3z/

#SiGMAasia2026 #todayph26

Rising Tigers Magazine Hosts the Ultimate Power Screening of ‘The Devil Wears Prada 2’

On May 2, 2026, the air at SM Aura Premier’s Cinema 2 didn’t just smell like popcorn—it smelled like influence.

Rising Tigers Magazine turned a simple movie premiere into a high-octane intersection of diplomacy, couture, and corporate grit. As the lights dimmed for the most anticipated sequel of the decade, The Devil Wears Prada 2, it became clear: this wasn’t just a movie. It was a masterclass in leadership for the nation’s most powerful icons.

When the Runway Meets the Round Table

Forget “fashion insiders”—the guest list looked more like a global summit. From the hallowed halls of government to the front rows of Milan, the audience reflected the film’s core message: Style is a language spoken by those in charge.

Political Gravitas: Former presidential spokesperson Atty. Salvador Panelo and Dra. Araceli Panelo proved that “power dressing” is just as vital in the palace as it is on the runway.

Diplomatic Chic: Indonesian Trade Attaché Abu Ayu Nighsih and Tassya Manuella brought international elegance to the front row, marking a stylish Philippine debut.

The “Real” Andy Sachs: Jenny Syquia, who lived the dream as a former Vogue New York assistant, brought effortless New York sophistication alongside Kourtney Camcam and entrepreneur Grace Santiago.

The Showstoppers: LGBTQ leader Barbie Arcache lit up the room in a gold tasseled Jor-El Espina blazer, while Niña Campos and Lance Raymundo brought a curated mix of Burberry, LV, and Dior that would make Miranda Priestly herself nod in silent approval.

The roster of excellence continued with industry titans like Cielo Ortega Reboredo (Okada Manila), Becky Garcia (The Manila Times), and Maria Charo Calalo (Mrs. Universe Philippines), each turning the cinema aisle into a personal runway.

The Modern Miranda? Grace Bondad Nicolas Takes the Helm

At the center of this storm of style was Grace Bondad Nicolas, Publisher and Editor-in-Chief of Tag Media Group. While many draw parallels between her and the formidable Miranda Priestly, Nicolas stood firmly in her own light.

Draped in a layered Rajo Laurel masterpiece and anchored by YSL stilettos and Prada accents, she arrived with her twin daughters—who were equally “Prada-ed” out—embodying the new era of leadership: Grace, not just grit.

The “Priestly” Gospel: Quotes from the EIC

The Devil Wears Prada 2 is a symphony of sharp tongues and sharper suits. These five mantras, curated by Editor-in-Chief Grace Bondad Nicolas, define the film’s—and her own—approach to the industry:

“Fashion fades, but power—power is always in style.”

“You don’t survive this industry by being liked. You survive by being necessary.”

“The moment you ask for permission is the moment you lose authority.”

“Ambition isn’t the problem. Apology is.”

“In a world obsessed with trends, be the standard.”

Lessons from the Screen: Why ‘Prada 2’ Matters

Beyond the Chanel boots and the sharp banter, the film offers a blueprint for modern success:

Clarity Over Approval: True leaders don’t wait for a “thank you.” They execute a vision.

Strategic Reinvention: If you aren’t evolving, you’re becoming a “last season” relic. Growth requires discomfort.

The Cost of Excellence: Behind every “effortless” success is relentless, disciplined work.

Authenticity as Luxury: In an industry of masks, staying true to your identity is the ultimate flex.

The Devil Wears Prada 2 reminds us that whether you’re in the boardroom or the showroom, everyone wants to be us.

#leadingwomenph #todayph26

IICSC: The Real Risk is Delay, Not Renewables

QUEZON CITY, 06 May 2026 – In the midst of an energy crisis, marked by rising electricity prices and continued exposure to volatile global fuel markets—the real risk is not renewable energy, but the delay and barriers to scaling it.

In a recent statement, ACEN Corporation described renewable energy sources as “unsustainable”, and promoted nuclear as a replacement for coal. In response, the Institute for Climate and Sustainable Cities (ICSC) said: 

“Statements like these miss the more urgent issue. The constraint is not in the availability of resources, but in the efficient integration of renewable energy to the country’s power mix. The Philippines has more than enough indigenous renewable energy to support an affordable, reliable, and secure power mix, drawing from its solar, wind, geothermal, and hydro resources. What the country needs is to modernize the grid, scale up energy storage, and strengthen system planning to manage variability. These actions are immediate, feasible, and recognized within existing policy and planning frameworks.

“Recent experience has already shown the risks of heavy dependence on coal and imported gas, driving price instability and supply vulnerability. Replacing one dominant source with another–from coal to nuclear– which is likewise centralized, capital-intensive, and import-dependent, only reproduces the same structural problem.

“Nuclear power is often positioned as a baseload solution, but the current energy system of the country is already heavily reliant on baseload capacity. Adding another inflexible baseload source will not improve reliability; it only risks increasing system rigidity and operational imbalance. What the grid requires now is flexibility, variable RE, complemented by storage and responsive systems that can meet peak and shifting demand. The idea that renewables need nuclear to be reliable misunderstands the direction of modern energy systems.Nuclear power is a high-risk, high-cost pathway that does not match the urgency of the crisis we face today. It takes decades to deliver, requires massive capital, and carries complex safety, regulatory, and waste management burdens with long-term consequences. It locks the country into an inflexible system and shifts financial and operational risks onto consumers. Advancing nuclear power now only diverts our scarce resources away from solutions that are already working and are ready to scale.

“ICSC maintains that the way forward is clear: scale up indigenous renewables; invest decisively in grid flexibility, distributed energy systems, and energy storage; and enable households and businesses to generate their own power. Anything less will only prolong high electricity costs, deepen energy insecurity, and ultimately deny Filipino households their right to accessible, affordable, and reliable energy.”

ABOUT

The Institute for Climate and Sustainable Cities is a Philippine-based non-governmental organization that advances climate, energy, and low-carbon solutions to enable fair and climate-resilient development at the national and international levels.