FIVE THINGS TO KNOW…

Short explainers published throughout the day.

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 READER PULSE · MCT-PULSE-2026-006

MCT READER SURVEY

After Gilas Pilipinas’ wins over Jordan and Iran, how confident are you that the team will qualify for the 2027 FIBA Basketball World Cup?Matapos ang mga panalo ng Gilas Pilipinas laban sa Jordan at Iran, gaano ka kumpiyansa na makakapasok ang koponan sa 2027 FIBA Basketball World Cup?

Gilas improved to 4–4 after beating Jordan and Iran, but the Philippines remains fifth in Group E with four games left. This survey asks about readers’ confidence; qualification has not yet been secured.

Read where Gilas stands before answering.

This is an informal survey of verified MCT readers who choose to participate. It is not nationally representative.

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Checking your reader session…

MCT DAILY BRIEF

No fake news. No noise. Just the facts you need.

Good morning. Here are five developments to follow today, with the facts we know, the practical effect on Filipinos, and the next event worth watching.

1

HABAGAT KEEPS FLOOD AND LANDSLIDE RISK IN THE FORECAST

PAGASA's forecast issued at 4 a.m. on September 2 placed Tropical Storm Pilandok about 1,200 kilometers east of Extreme Northern Luzon as of 3 a.m., while the southwest monsoon was affecting Luzon and the Visayas. A separate Pilandok bulletin issued at 5 a.m. placed the storm about 1,205 kilometers east northeast of Extreme Northern Luzon, reported that no Tropical Cyclone Wind Signal was in effect, and was valid only until the 11 a.m. bulletin. The larger immediate concern is the rain and strong gusts already being carried by the Habagat.

PAGASA forecast occasional rain over Batanes, with possible flash floods or landslides.

The Ilocos Region, Cordillera Administrative Region, Zambales, and Bataan could have scattered rain and thunderstorms. Metro Manila, the Visayas, and the rest of Luzon could experience isolated rain showers or thunderstorms.

The general forecast put coastal waters around Luzon and the Visayas at moderate to rough, with waves of 1.5 to 4 meters. The 5 a.m. cyclone bulletin was more specific: a gale warning was in effect over the northern and western seaboards of Northern Luzon, with waves reaching 5 meters in parts of Batanes, Ilocos Norte, Ilocos Sur, and the Babuyan Islands. PAGASA said sea travel was risky for all vessels in those very rough waters.

A storm does not need to cross the country for commuters, farmers, fishers, and families near rivers or slopes to face danger. People should rely on the latest local rainfall warning and evacuation advice, since conditions can change faster than a national forecast page.

WHAT TO WATCH

Watch PAGASA's next tropical cyclone bulletin, local heavy-rainfall warnings, and dam and river advisories.

Also check announcements from local governments on classes, work, road closures, and evacuation. Recheck the storm position and rain forecast immediately before publication because this item is time-sensitive.

2

HOUSE HEARS ENERGY AND OVP BUDGETS TODAY

The House Committee on Appropriations scheduled hearings today on the proposed 2027 budgets of the Department of Energy and Energy Regulatory Commission at 11 a.m., followed by the Office of the Vice President at 1 p.m. The House also scheduled work on a proposal to codify Philippine budgeting laws.

These hearings are part of Congress's examination of the proposed P7.2-trillion national budget for 2027. Yesterday, the Office of the President presented a proposed P10.156-billion budget, which the House said was 64 percent lower than its 2026 allocation because the current year's funding included expenses related to the Philippines' ASEAN hosting.

For households, the energy hearing deserves attention because agency budgets can shape regulatory enforcement, electrification, energy security, and the government's capacity to respond to price shocks. The OVP hearing should show what each requested peso will fund, what results are expected, and how the public can verify delivery.

WHAT TO WATCH

Watch for the agencies' actual requested amounts, changes from 2026, and specific electricity or fuel programs.

Also watch confidential or discretionary items, audit findings, and commitments placed on the record. A scheduled hearing is not proof that any proposal has been approved.

3

THE NEXT INFLATION REPORT ARRIVES FRIDAY

The Philippine Statistics Authority's August 2026 inflation report is due by Friday, September 4. Until then, the latest official national figure is July's 6.2 percent headline inflation, slightly lower than June's 6.4 percent but far above the 0.9 percent recorded in July 2025.

Food inflation remained at 5.3 percent in July. Cereals and cereal products, including rice and bread, were the largest contributor identified by the PSA. Transport prices rose 11.9 percent from a year earlier, even after slowing from June. Inflation outside Metro Manila was 6.7 percent, compared with 4.4 percent in the National Capital Region.

The slower inflation rate describes a slower pace of increase, not a return to earlier prices. Families can still be paying much more for food, fares, electricity, rent, and other essentials than they paid a year ago.

WHAT TO WATCH

Watch the August headline and core rates, food and rice prices, transport, electricity, and the regional breakdown. The report should also be checked against the experience of lower-income households, whose spending is more concentrated on food and other necessities.

4

THE HOUSE TAKES UP A PROPOSAL TO STRENGTHEN THE COAST GUARD

The House transportation committee's September 2 schedule includes a substitute bill combining multiple proposals to strengthen the Philippine Coast Guard through policy and organizational reforms. The agenda establishes only that the proposal was scheduled for committee consideration.

The proposal should be judged by whether it clearly defines duties, funding, staffing, equipment, oversight, and accountability, including the capabilities needed for emergencies at sea.

For Filipinos, Coast Guard capacity can affect fisherfolk, ferry passengers, coastal communities, seafarers, and families waiting for rescue during a maritime emergency. The public should judge the proposal by the capability it builds and the safeguards it creates, not by the strength of its title.

WHAT TO WATCH

Watch whether the committee approves the substitute bill and what powers and funding it grants.

Then check how the final text handles accountability, civilian control, personnel, vessels, communications, rescue capacity, and maintenance.

5

SEPTEMBER OPENS WITH A MONTH-LONG FOCUS ON FILIPINO CREATIVE WORK

September is Philippine Creative Industries Month under Republic Act No. 11904. For 2026, the government adopted the theme "We Are a Creative Nation" and directed national agencies to support the celebration. The law covers a sector that includes design, film, music, publishing, performing arts, animation, digital content, and other creative work.

The calendar includes events with practical opportunities. Manila is scheduled to host the Federation for Asian Cultural Promotion conference from September 9 to 12 and the Manila International Performing Arts Market from September 11 to 13. Organizers say the events are intended to connect artists with presenters, producers, funders, and international markets.

For working creatives, the useful questions concern jobs, contracts, copyright, financing, training, market access, and whether opportunities reach people outside established networks. A festival can open doors, but public programs matter only if they help artists and creative businesses earn sustainable incomes.

WHAT TO WATCH

Watch the official event schedules and application or registration requirements.

Also check grants, business-matching opportunities, and any measurable commitments announced by DTI, CITEM, CCP, and partner agencies.

BOTTOM LINE

Today's most urgent story is the rain, because a distant storm and an active monsoon can still disrupt lives quickly. Behind that immediate risk are slower-moving decisions about electricity, public money, maritime capacity, household prices, and creative work. For each one, the useful questions are what changes for people, who is responsible, and what evidence will show whether a promise was kept.

SOURCES

  1. PAGASAhttps://bagong.pagasa.dost.gov.ph/weather
  2. PAGASA Tropical Cyclone Bulletinhttps://bagong.pagasa.dost.gov.ph/tropical-cyclone/severe-weather-bulletin/1
  3. House of Representatives Committee Meetings, September 2, 2026https://www.congress.gov.ph/committees/committee-meetings/daily/2026/09/02
  4. House of Representatives, OP proposes reduced 2027 budgethttps://www.congress.gov.ph/media/press-releases/10114
  5. Department of Budget and Management, 193rd DBCC Statementhttps://www.dbm.gov.ph/index.php/management-2/4081-193rd-dbcc-statement-on-the-review-of-the-medium-term-macroeconomic-assumptions-and-fiscal-program-for-fiscal-year-fy-2026-to-2030
  6. Philippine Statistics Authority, July 2026 Summary Inflation Reporthttps://psa.gov.ph/content/summary-inflation-report-consumer-price-index-2018100-july-2026
  7. Philippine Statistics Authority, 2026 Calendar of Releaseshttps://psa.gov.ph/content/psa-calendar-releases-2026
  8. Presidential Communications Office, 2026 Philippine Creative Industries Monthhttps://pco.gov.ph/news_releases/president-marcos-directs-govt-agencies-to-support-2026-philippine-creative-industries-month/
  9. Supreme Court E-Library, Republic Act No. 11904https://elibrary.judiciary.gov.ph//thebookshelf//showdocs/2/95614
  10. Cultural Center of the Philippines, FACP and MIPAM 2026https://culturalcenter.gov.ph/press-release/ccp-strengthens-asias-creative-ecosystem-with-back-to-back-hosting-of-facp-and-mipam/

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