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LATEST COMMENTARY

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FIVE THINGS TO KNOW

6:10 PM4-minute read

ABOUT THE DISPUTE OVER CHANGING THE ORDER OF IMPEACHMENT WITNESSES

The argument at Thursday’s impeachment hearing was about which witness the prosecution could present next. It began with an absent lawyer and became a dispute over preparation and notice. Understanding the exchange helps explain why a courtroom can pause even when the parties, documents and another potential witness are already in the building.

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3:01 PM3-minute read

ABOUT MARK VILLAR’S MOVE TO THE SENATE MAJORITY

Senator Mark Villar has formally left the Senate minority and joined the majority. The October 8 move strengthens the bloc supporting the chamber’s leadership and gives Villar two significant positions. Its implications for Sara Duterte’s impeachment trial, however, require more than counting political allies.

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9:56 AM4-minute read

ABOUT THE MANAGER’S CHECKS AND THE QUESTIONS OVER SARA DUTERTE’S SALN

A bank balance can fall even when the value represented by the money has not disappeared. That distinction sits behind the prosecution’s questions about manager’s checks in Sara Duterte’s impeachment trial. To understand the October 7 testimony, we need to follow the instrument, the person entitled to its value and the declaration of assets for the relevant year.

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9:08 PM3-minute read

ABOUT WHAT COA’S REJECTION OF THE OVP APPEAL MEANS

COA has rejected the request to reconsider the ₱73.287-million disallowance involving the Office of the Vice President’s December 2022 confidential expenses. The October 5 resolution became public on October 7. Its significance is easier to understand when the amount, the audit finding and the available legal remedies are kept separate.

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7:47 AM3-minute read

ABOUT WHAT BANK SECRECY PROTECTS IN AN IMPEACHMENT TRIAL

The arguments over bank records in Sara Duterte’s impeachment trial involve several protections. The privacy of a peso deposit, the protection of a foreign-currency deposit, and the confidentiality of a report sent to the AMLC come from different rules. Understanding those differences helps explain what the court has allowed and what remains in dispute.

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8:43 AM8-minute read

ABOUT THE AMLC RECORDS IN SARA DUTERTE’S IMPEACHMENT TRIAL

₱4.4 billion is a figure that can dominate a conversation before anyone asks what it counts. AMLC Executive Director Ronel Buenaventura presented that approximate total in the Senate impeachment court on October 5, covering reported transactions involving Vice President Sara Duterte and her husband, Manases Carpio. He also explained that a bank correction had reduced the earlier figure of ₱6.7 billion.

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6:44 PM5-minute read

ABOUT THE COINS.PH CASH-IN RESTRICTION AND WHAT USERS SHOULD CHECK

If you use Coins.ph to receive money or pay bills, a failed cash-in can disrupt plans for the day. Coins.ph has announced that some incoming peso services are temporarily unavailable following a BSP directive to improve its internal controls. Its advisory also identifies services that existing customers can still use.

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12:00 PM5-minute read

ABOUT THE PROPOSED RULES ON SECONDHAND PHONES

A secondhand phone can put a useful device within reach of someone who cannot afford a new one. The problem comes when the buyer has no clear information about where it came from, what condition it is in, or who will fix it if it fails.

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8:35 PM6-minute read

ABOUT THE SUPREME COURT’S DECISION ON THE IMPEACHMENT VOTE THRESHOLD

The Supreme Court dismissed three petitions on September 30 challenging how the Senate impeachment court would count the votes needed to convict Vice President Sara Duterte. The dismissal leaves the Senate’s September 23 ruling in place, but it needs to be read carefully. A case can be dismissed because it does not meet the requirements for the Court to hear it, without settling whether the challenged action is constitutional.

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6:12 AM6-minute read

ABOUT WHAT BASTE DUTERTE SHOULD HAVE CHECKED AS MAYOR

Davao City Mayor Sebastian “Baste” Duterte told the Senate impeachment court on September 29 that he had been unfamiliar with GenCorp Industries Inc. before it came up in the proceedings. He also said he did not know about Vice President Sara Duterte’s declared business interest in the company.

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10:45 PM7-minute read

ABOUT THE OCTOBER WATER-RATE INCREASES

Metro Manila households served by Maynilad and Manila Water will see slightly higher water charges beginning October 1. The announced increases are small for many residential customers, but the figures vary by concessionaire and consumption level. That makes it easy to misunderstand a notice expressed only in centavos per cubic meter.

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7:21 AM6-minute read

ABOUT THE NOTE HANDED TO GIBO TEODORO IN SEOUL

Defense Secretary Gilberto “Gibo” Teodoro Jr. was answering questions at the Seoul Defense Dialogue on September 8 when a man handed him a note. He read it aloud, challenged its rejection of the 2016 South China Sea ruling and objected to being interrupted that way.

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9:55 AM8-minute read

ABOUT EL NIÑO AND PREPARING FOR LESS RAIN

It can be raining outside while PAGASA warns about El Niño. That can sound confusing when the immediate problem is a wet road or a flooded field. The two warnings describe different periods: the weather happening now and the rainfall conditions that may develop over the coming months.

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5:30 AM8-minute read

ABOUT THE NEW ARREST WARRANTS AGAINST ZALDY CO, MARTIN ROMUALDEZ AND TWO OTHERS

The Sandiganbayan has ordered the arrest of Zaldy Co, Martin Romualdez and two other accused in the plunder case filed on September 7. By Monday evening, authorities had served Romualdez's warrant and carried out booking procedures at Cardinal Santos Medical Center in San Juan. His arrest is a confirmed development; it does not establish that his three co-accused are also in custody.

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3:15 PM8-minute read

ABOUT THE PLUNDER CASE AGAINST MARTIN ROMUALDEZ

The Office of the Ombudsman filed a plunder case against former House Speaker Martin Romualdez at the Sandiganbayan on September 7 over his alleged involvement in flood-control kickbacks. The accusations have now reached the court that will handle the criminal case. Romualdez denies wrongdoing and remains presumed innocent.

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1:18 PM7-minute read

ABOUT THE NEW SWS POVERTY NUMBERS

Self-rated poverty and food poverty declined in June, but the figures also show how many Filipino families remain under pressure and why lower household budgets do not necessarily mean life became cheaper.

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2:02 PM11-minute read

ABOUT THE CHILDREN'S SOCIAL MEDIA SAFETY ACT

House Bill No. 9965 would bar children below 13 from having social media accounts, require parental consent for users aged 13 to 17, regulate platform algorithms, and impose fines reaching P50 million. It is still being deliberated in the House.

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12:02 PM7-minute read

ABOUT THE SEALED BIR BOX

Marcos authorized the BIR to comply with the Senate subpoena. That did not open the records to the public or prove the unexplained-wealth allegation.

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MCT DAILY BRIEF

MCT Daily Brief cover for August 26, 2026, showing a rainy morning view through a window

Five developments worth knowing this morning, from the impeachment trial and the weather to fuel prices, transport, and the economy.

1

OVP witness says the original confidential-fund request came without supporting details

Office of the Vice President Assistant Secretary Lemuel Ortonio testified on Tuesday that Vice President Sara Duterte decided to seek confidential funds and determine the amount requested in August 2022. He also confirmed that, unlike the three other funding requests in the same letter, the confidential-fund request initially had no computation, projection, Physical and Financial Plan, or supporting attachment.

The missing documents do not by themselves prove that money was misused. They do, however, raise a clear question about how a large and sensitive request was prepared, justified, and reviewed. Ortonio said a Physical and Financial Plan was prepared later, after the Department of Budget and Management asked for supporting documents.

WHAT TO WATCH

The defense still has the opportunity to test Ortonio's testimony and present records that may explain the process. Watch for documents showing when the plan was prepared, who reviewed it, and whether the safeguards matched the sensitivity of the fund.

2

Obet is outside the Philippine Area of Responsibility, but the rain risk is not gone

Typhoon Obet, internationally known as Saudel, has left the Philippine Area of Responsibility. That does not mean western parts of the country are already in the clear. PAGASA says the southwest monsoon, or habagat, may still bring occasional rain to Zambales, Bataan, and Occidental Mindoro through Friday. Metro Manila, the rest of Luzon, Western Visayas, and the Negros Island Region may also see scattered rain and thunderstorms.

For households in flood-prone areas, the practical lesson is simple: a storm can leave the monitoring boundary while its effect on the monsoon continues. Local rainfall warnings and LGU advisories are more useful for immediate decisions than the storm's location alone.

WHAT TO WATCH

Check PAGASA's updated rainfall and thunderstorm warnings before travelling. Residents near slopes, rivers, and streets that flood quickly should also monitor local evacuation and road advisories.

3

Fuel prices increased for a second straight week

Fuel prices went up again on Tuesday. The Department of Energy's announced adjustments were ₱1.08 per liter for gasoline, ₱2.31 for diesel, and ₱0.95 for kerosene, although the exact adjustment can vary slightly by company.

The diesel increase is the one most likely to spread through the economy because diesel powers many buses, trucks, delivery vehicles, and farm equipment. A 40-liter diesel fill now costs about ₱92 more than it did before this week's adjustment. An immediate fare increase is not automatic. The higher operating cost still puts pressure on transport operators, businesses, and food distribution.

WHAT TO WATCH

Watch the next DOE price forecast and any formal fare petitions. Also check the posted price at your usual station because the pump price still varies by brand and location.

4

A third eight-car trainset for the North-South Commuter Railway has arrived

The third eight-car electric trainset for the North-South Commuter Railway arrived at the Port of Manila and was offloaded on Monday. The Department of Transportation said it will be used for the Valenzuela-to-Clark section of the railway.

The delivery is visible progress. Passenger service will still depend on the tracks, stations, electrical systems, signalling, testing, and safety approvals coming together. For commuters, the useful milestone is the reliable operation of a complete section.

WHAT TO WATCH

Look for a firm testing schedule, completion updates for stations and track packages, and an operating date supported by actual readiness rather than another broad target.

5

Two credit-rating agencies kept the Philippines at investment grade

Japan-based Rating and Investment Information affirmed the Philippines' A-minus rating with a stable outlook, while Moody's kept its Baa2 rating and stable outlook. Both are investment-grade assessments, meaning the agencies still see the country as capable of meeting its financial obligations despite higher global energy costs and slower public infrastructure spending.

This is useful because a credible rating can help the government borrow on better terms. The rating measures sovereign creditworthiness. It does not measure whether food is affordable, jobs are secure, or public services are improving. Sound public finances become meaningful to households when they help produce better services and less costly borrowing without placing a heavier burden on ordinary Filipinos.

WHAT TO WATCH

Watch whether government spending recovers without waste, whether debt and the fiscal deficit remain manageable, and whether investor confidence turns into actual jobs and productive investment.

BOTTOM LINE

Today's developments carry the same reminder: announcements and official milestones are only the beginning. Confidential funds need documents, a storm's exit does not end the rain, a delivered train is not yet a working railway, and a good credit rating is not yet relief at the household level. The next step is to watch what the government can prove, complete, and deliver.

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