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LATEST COMMENTARY

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FIVE THINGS TO KNOW

7:23 AM5-minute read

ABOUT LINO CAYETANO AND THE CHANGE AT THE PCO

President Ferdinand Marcos Jr. announced on October 11 that Lino Cayetano would replace Dave Gomez at the Presidential Communications Office. He said Gomez had been bypassed by the Commission on Appointments and that the change would be formalized when they returned from Singapore.

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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

Official portrait of Sara Duterte.

Good morning. Sara Duterte is due in court today to answer the grave-threats charges against her, while families of passengers aboard the MV June Aster are still waiting for news from Coron. Rain warnings also remain in place across parts of Luzon and the Visayas. On household expenses, a regional electricity-price cap could bring relief to consumers in the Visayas and Mindanao, and SSS members now have another way to apply for a short-term loan. Here is where each story stands this morning, including what has changed and what has yet to happen.

1

1. SARA DUTERTE IS DUE FOR ARRAIGNMENT TODAY

Vice President Sara Duterte is scheduled to be arraigned before the Quezon City Regional Trial Court today on three counts of grave threats. At an arraignment, the charges are read to the accused, who is asked to plead guilty or not guilty. The accused must be present and personally enter a plea. This morning’s reports have not yet established what plea she entered or whether the hearing proceeded as scheduled.

The case concerns her remarks about having President Ferdinand Marcos Jr., First Lady Liza Araneta-Marcos and former House speaker Martin Romualdez killed if she herself were killed. Duterte has said her remarks were taken out of context. She posted bail on September 5 after the court issued an arrest warrant the previous day.

An arraignment does not mean the court has found her guilty. The criminal case is also separate from the Senate impeachment trial, even though the alleged threats feature in both. Today’s court proceedings concern the criminal charges; they do not themselves decide whether she stays in office.

WHAT TO WATCH

The court’s record of the plea and its next hearing date, along with any Supreme Court order affecting the proceedings. Those will establish whether the criminal case moves forward today and on what timetable.

2

2. THE SEARCH CONTINUES FOR PEOPLE MISSING IN THE CORON FERRY FIRE

Search and rescue operations continue after the MV June Aster fire off Coron, Palawan. The figures reported on Thursday were 43 rescued and five dead, with others still missing. Families are waiting for news, while the Coast Guard and shipping company check the passenger list against the people found.

The fire broke out Wednesday evening. Smoke prevented rescuers from entering the vessel during Thursday’s operations, adding to the difficulty of finding those still missing. The Coast Guard’s Friday update confirms that the search is continuing. A person listed as missing has not been confirmed dead, and totals may change as search teams locate people and verify their identities.

For families waiting for news, the question remains: where are those who boarded and have not been found? An accurate passenger list is part of that search. It also helps investigators check who was aboard when they examine the voyage and the emergency response. The cause of the fire has not been established in the reports reviewed this morning.

WHAT TO WATCH

The next dated Coast Guard count, confirmation that teams have entered the ship, and identified survivors or casualties. A change in the missing count alone does not establish that someone has been rescued; the explanation for that change matters too.

3

3. FRIDAY’S RAIN WARNINGS COVER MORE THAN METRO MANILA

PAGASA’s 4 a.m. forecast places Pangasinan, La Union, Benguet, Zambales and Bataan under occasional rains from the southwest monsoon. Moderate to heavy rainfall may cause flash floods or landslides. Metro Manila, the rest of Luzon, Western Visayas and Northern Samar can also expect scattered rain and thunderstorms, with similar risks where rain becomes heavy.

These forecasts cover broad areas, so conditions along a particular road or hillside may differ. It may have stopped raining near home while roads on the way to work or school remain flooded. Before leaving, check the latest local rainfall warning, flood and road advisories, and announcements from your school or local government.

The rest of the country is forecast to have isolated showers or thunderstorms. PAGASA also warns of possible flash floods or landslides during severe thunderstorms there. A place outside the main monsoon-rain areas is therefore not automatically free of risk.

WHAT TO WATCH

PAGASA’s next local rainfall bulletins and any changes to road access, evacuation instructions or class arrangements. Use the time and area named in each notice; yesterday’s suspension or an early-morning warning may no longer describe the situation when you leave.

4

4. A REGIONAL PRICE CAP TARGETS VISAYAS AND MINDANAO POWER COSTS

The Energy Regulatory Commission announced on September 10 that it had ordered regional price caps in the Wholesale Electricity Spot Market, starting with the August 2026 billing period. The order covers that earlier period as well as the months that follow. The spot market is where electricity is traded for delivery, and its prices can affect the generation charge passed on to consumers.

The problem was particularly sharp in the Visayas and Mindanao. Market operator IEMOP reported August average prices of ₱18.59 per kilowatt-hour in the Visayas and ₱19.56 in Mindanao, while Luzon’s average fell to ₱4.80. Outages, tight supply and limits on moving electricity between regions helped push prices higher in the two southern grids.

A regional cap responds to prices in each grid separately. Cheaper power in Luzon would no longer keep the cap from taking effect when prices rise sharply in the Visayas or Mindanao. That could lower the cost of spot-market purchases passed through by utilities. It does not mean every household’s total bill will be cut in half. The bill also depends on the utility’s other supply sources, other charges and how much electricity the household used.

WHAT TO WATCH

Revised market bills and each utility’s announcement of the resulting generation-charge adjustment. The household benefit will become clearer when the utility states the peso-per-kilowatt-hour change and the billing month in which it will appear.

5

5. SSS LOANLITE IS AVAILABLE THROUGH UNIONDIGITAL, WITH A SHORT REPAYMENT WINDOW

SSS says qualified members can now apply for LoanLite through UnionDigital Bank’s mobile app without an employer certification. Its September 8 announcement identifies UnionDigital as the first participating institution to open this channel. Loans range from ₱1,000 to ₱20,000, depending on the member’s records, with terms of 15, 30, 60 or 90 days.

The circular requires at least 12 posted monthly contributions, alongside other conditions on age, account status and existing loans. Having 12 contributions alone does not guarantee approval or the maximum amount. Applications still undergo the bank’s and SSS’s checks.

The stated interest is 8 percent a year, with fees on top. Under the circular, interest is deducted before the money is released. Its example charges ₱67 interest on a ₱20,000 loan for 15 days, before fees. That means the cash received can be less than the amount borrowed, while repayment comes quickly. The amount deposited, all deductions and the due dates deserve a close look before accepting an offer.

WHAT TO WATCH

The actual disclosure in the official app: cash to be received, interest, fees, total repayment and automatic-debit dates. SSS warns against third parties offering to process applications. The official channel and the written repayment terms are the checks to use before committing.

BOTTOM LINE

There are several different kinds of waiting this morning. Families in Coron need confirmed news about people still missing. The court must put today’s proceedings in Sara Duterte’s case on record. Households facing high power costs need to see what relief actually reaches their bills. In each case, the next concrete result will tell us more than an announcement alone. For today’s immediate decisions, check the latest local rain advisory before travelling, and check the money you will actually receive and repay before accepting a loan. We will follow the court and rescue developments as they are confirmed.

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