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Oil Prices Poised for Further Increase Amid Ongoing Supply Disruptions
MANILA – Oil prices are set to experience another upward adjustment next week, as persistent supply disruptions continue to exert upward pressure on the market. Industry expert Leo Bellas, president of Jetti Petroleum, projects a diesel price increase ranging from PHP0.80 to PHP1 per liter, alongside a potential PHP0.10 rise in gasoline prices. Bellas highlighted that prices for middle distillates, including diesel, jet fuel, and kerosene, remain elevated due to constrained supply caused by reduced outputs from Northeast Asia. This reduction stems from ongoing refinery maintenance and unexpected outages, compounded by consistent export limitations from China. "Russian supply interruptions continue to play a significant role in tightening the distillate markets," Bellas explained. Conversely, Asian gasoline prices have slightly declined this week amid indications of waning regional demand. The trend is further supported by a notable build-up in US gasoline inventories—the first increase recorded in over a month—which signals softened consumption in the world’s largest economy. Bellas also pointed to geopolitical developments as pivotal factors affecting price trends. The implementation of US sanctions on Russian oil companies Lukoil and Rosneft starting November 21, along with the US’s intensified efforts to diplomatically end Russia’s conflict in Ukraine, are expected to influence market dynamics moving forward. Should the forecasted diesel price increase materialize, it would mark the fifth consecutive week of rises for the fuel, while gasoline prices would see their eighth straight week of gains. This week alone, prices of both diesel and gasoline surged by PHP1.20 per liter. The ongoing supply constraints combined with geopolitical tensions suggest that consumers can anticipate continued volatility in fuel prices in the near term.
Business
|2 min read

Lyceum of the Philippines University-Batangas Graduate Tops November 2025 Pharmacists Licensure Exam
The Professional Regulation Commission (PRC) announced that Sean Jan Diomampo Ilagan, a graduate of Lyceum of the Philippines University - Batangas, Inc., achieved the highest rating in the November 2025 Pharmacists Licensure Examination. Ilagan earned an impressive 95.47 percent score, making him the topnotcher among the 3,670 candidates who passed the exam. Alongside Ilagan, several other Pharmacy graduates secured places in the top 10 passers list, highlighting strong individual performances in this highly competitive examination. In terms of institutional performance, the PRC released rankings based on Commission Resolution No. 1814 series of 2024, which recognizes schools with notable passing rates. For schools with 100 or more examinees and a minimum of 80% passing rate, the top 10 performers include: - University of Santo Tomas - Saint Louis University - Southwestern University - Our Lady of Fatima University - Valenzuela - University of the Immaculate Conception - Davao - Centro Escolar University - Manila - San Pedro College - Davao City - Central Philippine University Meanwhile, among schools with 50 to 99 examinees achieving at least an 80% pass rate, the top 10 institutions are: - University of the Philippines - Manila - University of San Carlos - Adamson University - Negros Oriental State University (CVPC) - Dumaguete - Our Lady of Fatima University - Antipolo City - Silliman University - De La Salle Medical and Health Sciences Institute - University of Santo Tomas Legazpi, Inc. (formerly Aquinas University) - Tagum Doctors College, Inc. - Far Eastern University - Nicanor Reyes Memorial Foundation These results highlight both individual excellence and the quality of pharmacy education offered by these institutions across the Philippines.
Business
|2 min read

BRAVE CF 102 to Feature Pivotal Heavyweight Title Contender Bout in Slovenia
BRAVE Combat Federation (BRAVE CF) is set to make its sixth visit to Slovenia with the upcoming BRAVE CF 102 event, scheduled for Sunday, November 23, at Hala Tivoli in Ljubljana. The promotion continues its strong collaboration with the World Freefight Challenge (WFC), building on the momentum from recent landmark shows BRAVE 100 and BRAVE CF 101: KHK LEGACY II earlier this November. The event’s centerpiece is a pivotal heavyweight showdown between Slovenia’s own Miha Frlic and Poland’s Patryk “The Polish Viking” Dubiela. The high-stakes matchup is expected to decide the next contender to challenge reigning BRAVE CF Heavyweight World Champion Pavel “The Experiment” Dailidko. Speaking on the significance of the bout, Dailidko said, \"This is the kind of fight that shapes the future of a championship. I’ll be watching closely because whoever emerges will likely be the man standing across from me next.\" Frlic boasts an unbeaten professional record of 5-0-1 and has established himself as a rising powerhouse within the European heavyweight division. Known for his dynamic striking and relentless pace, Frlic captured attention with his impressive stoppage of Shah Kamali at BRAVE CF 96 in June, a performance already garnering attention as a potential contender for Fight of the Year in 2025. A victory on home soil would mark a historic moment, potentially making Frlic the first Slovenian mixed martial artist to challenge for a BRAVE CF world title. Dailidko acknowledged Frlic’s threat: \"Frlic is Europe’s best-kept secret in this division. He’s powerful, dangerous, and definitely not someone you can overlook.\" Dubiela, meanwhile, brings valuable championship experience to the cage. With six career wins evenly divided between knockouts and submissions, the Polish fighter rose to prominence after a swift 48-second knockout of Kasim Aras at BRAVE CF 81 in April 2024. That victory earned him a title shot against Dailidko later that year, and now he seeks redemption and a second chance to claim the heavyweight crown. Dailidko reflected on Dubiela’s caliber: \"I know Dubiela very well. He’s a man on a mission, and when he’s locked in, he’s one of the most dangerous big men out there.\" With both contenders bringing impressive skill sets and determination, BRAVE CF 102 promises a compelling contest that will shape the future landscape of the BRAVE heavyweight division. \"This matchup is a must-see,\" Dailidko concluded. \"It decides the direction of our division, and everything is on the line for these two warriors. May the best man win.\" BRAVE CF continues to solidify its reputation as a premier global Mixed Martial Arts organization, having hosted over 100 events in 38 countries since its inception in 2016. Its partnership with WFC, a key player in European MMA since 2005, further emphasizes the promotion’s commitment to developing talent and expanding its international footprint. For fans eager to follow the action, BRAVE CF offers multiple platforms, including its official website, mobile apps, and active social media channels worldwide. Stay connected and experience the unfolding story of BRAVE CF and its athletes gearing up for another landmark event in Slovenia.
Business
|3 min read

China Cancels Multiple Concerts Featuring Japanese Artists Amid Rising Diplomatic Strains
Japanese jazz bassist Yoshio Suzuki and his group were preparing for their performance in Beijing when their concert was suddenly cancelled by authorities. According to Christian Petersen-Clausen, a German concert promoter based in China, plain-clothes police informed the venue owner that "all concerts with Japanese people are cancelled – and there is no discussion." This decision comes amidst growing diplomatic tensions between Beijing and Tokyo. Over the past week, approximately a dozen concerts with Japanese performers scheduled in major Chinese cities have been called off without warning. The developments follow remarks by Japan's new Prime Minister, Sanae Takaichi, who suggested that a Chinese attack on Taiwan could provoke a Japanese military response. China, which claims Taiwan as its territory, has condemned the statement and indicated that consequences would follow. Initial retaliatory measures by China included economic sanctions such as travel boycotts and bans on Japanese seafood imports. However, the measures have now expanded to cultural domains. Suzuki and his quintet, who underwent an extensive visa approval process, were reportedly "crushed" by the cancellation. According to Petersen-Clausen, venues across China received instructions on Thursday and Friday to cancel all concerts featuring Japanese artists for the remainder of 2025. Additionally, organizers have been directed not to submit new applications for Japanese performers and are prohibited from promoting upcoming Japanese music events via text messages. Other high-profile cancellations include a Beijing concert by Japanese singer KOKIA, which ended with fans chanting for refunds outside the venue after being denied entry despite the band’s readiness to perform. Similarly, Japanese rapper KID FRESINO’s China tour was postponed indefinitely. China has a precedent of leveraging cultural boycotts during diplomatic disputes, evident in the ban on Korean pop acts since the 2016 THAAD missile controversy. These restrictions have negatively impacted not only cultural engagement but also economic activity—affecting flights, hotel bookings, and employment for local event staff. Petersen-Clausen pointed out that live music events serve as a vital outlet for many young Chinese facing societal pressures amid economic challenges. He emphasized that political sentiments rarely surface at concerts, stating, "I’ve never, ever heard anybody bring politics into these moments." Requests for comment from China’s foreign ministry were not immediately answered.
Business
|2 min read

GSIS Emphasizes Member Feedback to Drive Reforms at 2025 NCR Stakeholders’ Dialogue
The Government Service Insurance System (GSIS) underscored the vital role of member feedback in guiding institutional reforms during its 2025 NCR Stakeholders’ Dialogue held recently in Quezon City. The event, convened on November 19 at the VS Hotel and Convention Center, gathered hundreds of members, pensioners, and government agency representatives for an extensive discussion on GSIS programs, services, and ongoing improvements. GSIS President and General Manager Wick Veloso emphasized the agency’s commitment to listening to its members. He remarked, \"We are here to listen so we can better understand how to make your transactions with GSIS easier and more convenient. Every improvement you see started with someone speaking up in a dialogue like this one. Your feedback is the trigger for real change.\" Veloso highlighted recent policy adjustments inspired directly by member suggestions, such as the elimination of the required down payment for members purchasing their GSIS-rented housing units, with monthly rent now applying towards amortization. A significant portion of the dialogue comprised an open forum where attendees raised issues regarding loan policies, pension processing, digital services, and other frontline concerns. GSIS officials provided immediate responses, recognizing that these candid exchanges offer valuable insights into member needs. Keynote speaker UP Diliman Chancellor Edgardo Carlo Vistan II commended the GSIS for fostering collaboration and institutional cohesion as foundations for its reform agenda. He stated, \"Your theme, ‘Basta sama-sama, tuloy-tuloy ang ginhawa,’ encapsulates the belief that progress stems from united institutions, aligned systems, and reinforced public service. These reforms in member services, records management, and digital security contribute significantly to nation-building.\" The dialogue also spotlighted advancements in digital innovation and fraud prevention. Jocel De Guzman, co-founder of Scam Watch Pilipinas, highlighted escalating digital fraud threats targeting government employees. GSIS showcased upgrades to its mobile application and online platforms, incorporating enhanced security measures and improved user experience. Furthermore, the event honored top-performing government agencies for excellence in loan and premium collections, reduction of past-due accounts, and successful digital collaboration efforts. Awardees included CHED Region 4-B (Mimaropa), the University of the Philippines System, Quirino Memorial Medical Center, the House of Representatives, the National Kidney and Transplant Institute, the Philippine National Police, the Anti-Red Tape Authority, the Public Attorney’s Office, the National Housing Authority, the Department of Transportation – MRT 3, and the Commission on Audit. Lt. Gen. Jose Melencio Nartatez Jr., acting Philippine National Police chief and representative of the awardees, expressed gratitude for GSIS's recognition, stating, \"These awards remind us that accountability and good governance matter and that public service improves when every agency does its part.\" He also praised GSIS reforms for making systems more transparent, efficient, and dependable for government workers. Joined by GSIS Trustees Beatriz Torno, Garry De Guzman, and Gilbert Sadsad, Veloso affirmed the agency’s plans to continue regional dialogues to enhance transparency and accountability across its services.
Business
|3 min read

Manila Central University Honors Dr. Alexander Co Abad for Pioneering Robotic Touch Technology
Manila Central University (MCU) recently celebrated a significant advancement in Philippine scientific innovation by awarding Dr. Alexander Co Abad the 2nd Filemon D. Tanchoco, Sr. Scientific Discoverer Award (FDT-SDA). Dr. Abad was recognized for his groundbreaking research on human-like robotic touch technology, a breakthrough that promises to enhance medical education and healthcare delivery across the Philippines. Dr. Abad’s acclaimed study, titled \"Imitate, Integrate, Iterate, Innovate! (The Story of my Visuotactile Research)\", focuses on making life-saving medical training more accessible through cutting-edge robotics and haptic innovation. Central to his research is HAPLOS (Haptics Actuation and Perception using Light Optical Systems), a novel system that replicates the tactile sensations of human skin. This allows robotic devices to perform delicate palpations, detecting lumps, nodules, and early tumors with precision. Combined with a virtual reality haptic training environment, HAPLOS offers a realistic, safe, and repeatable platform for medical students and professionals to hone diagnostic skills — a transformative development especially valuable for underserved and rural communities. Dr. Abad expressed that receiving the FDT-SDA fuels his commitment to developing technologies that have meaningful societal impact. He emphasized the potential of innovations like HAPLOS to democratize medical learning and elevate healthcare standards nationwide. MCU President Dr. Renato C. Tanchoco Jr. highlighted the award’s role in recognizing Filipino scientific achievements with real-world benefits that align with the United Nations Sustainable Development Goals. The award honors the legacy of Atty. Filemon D. Tanchoco, Sr., whose motto, \"In Scientia Solidaritas\" (Solidarity in Science), continues to guide MCU’s academic and research vision. The awarding ceremony was held at the Helix Auditorium within MCU’s Learning Resource Center in Caloocan City as part of the university’s 121st anniversary activities themed \"Transcend. Honoring. Innovating. Building.\" The event reflected MCU’s dedication to fostering research excellence and community-centered innovation. The selection committee was chaired by Dr. Gaio T. Gonzalez and included esteemed members such as Ms. Giandelu Carissa E. Santos, Dr. Irene Padron, Dr. Charmaine Marie M. Ng, Dean Ferdinand A. Mortel, Dean Karina Marie Batu-Villena, and Ms. Nieves Capili. Through initiatives like the FDT Scientific Discoverer Award, MCU reinforces its commitment to advancing purposeful and human-focused scientific discovery, inspiring current and future scholars to contribute to national progress and improved quality of life. For additional details on Manila Central University and the Filemon D. Tanchoco, Sr. Scientific Discoverer Award, please visit mcu.edu.ph.
Business
|2 min read

Datu Blah T. Sinsuat Emerges as a Model of Peace and Economic Growth in Bangsamoro
Datu Blah T. Sinsuat (DBS), a tranquil municipality along the Moro Gulf known historically as the fishing capital of Maguindanao del Norte, is now attracting heightened interest from investors, business groups, and regional leaders due to its growing reputation for peace and security. With a population under 30,000, the town is rapidly becoming one of the most stable communities within the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM), a distinction that is proving to be a significant economic advantage in an otherwise fragile region. At a recent gathering in Cotabato City, Ronald Halid Dimacisil Torres, chair of the Bangsamoro Business Council and head of the Regional Advisory Group of Police Regional Office–BAR, emphasized that DBS is emerging as a "magnet" for outside investors. He noted, "Good peace and security is essential to creating a stable and attractive business environment in every town, city, and province – and Datu Blah Sinsuat has that." The Police Regional Office–BAR has consistently recognized DBS among the most peaceful municipalities in Maguindanao, an assessment that business communities directly consider in their evaluations of investment risks and opportunities. Economically, DBS is at a pivotal juncture. While fishing remains the backbone of the local economy—with an estimated daily catch of 10 tons placing it among the region's richest fishing grounds—the town’s economic base is gradually diversifying. The 2023 Cities and Municipalities Competitiveness Index highlights DBS’s strong performance in terms of Cost of Doing Business and Cost of Living, factors crucial for micro, small, and medium enterprises (MSMEs). Furthermore, local government reports indicate rising fiscal strength, with revenues surpassing ₱238 million in 2022. Infrastructure developments are further boosting DBS’s growth. The completion of the ₱106-million Matuber Bridge in 2021 has improved connectivity between coastal barangays, facilitating more efficient movement of goods for fishers and traders. A key driver of DBS’s progress is the political cohesion among local and regional leaders. Bangsamoro Parliament member Ramon Piang, former Upi mayor, is a prominent advocate working closely with Mayor Raida Tomawis-Sinsuat, Vice Mayor Mikhaela Marsha Sinsuat, and Maguindanao del Norte Vice Governor Marshall Sinsuat. Piang attributed DBS’s edge to the sustained peace achieved through collaboration among officials, security forces, and communities. Additional support comes from other parliament members such as lawyer Suharto Ambolodto and Health Minister Dr. Kadil Sinolinding Jr., who contribute through governance initiatives, social programs, and technical assistance. Security remains a priority, with local police and military maintaining strong coordination with political leaders. This partnership has effectively shielded DBS from the conflicts and violence that have impeded development in other BARMM areas. A recent report featuring Vice Governor Sinsuat, MP Piang, and security chiefs evaluating the town’s peace situation underscores the community’s commitment to maintaining order. Looking ahead, DBS is positioned to develop into a strategic coastal investment center, with plans focusing on fish processing and cold-chain infrastructure, small port and logistics improvements, coastal ecotourism, marine resource industries, and MSME growth. These initiatives align with BARMM’s broader vision for economic transformation, which is closely linked to sustaining peace and stability. In a region long marked by unrest, the evolution of Datu Blah T. Sinsuat from a quiet fishing village to a prospective economic hub is a compelling example of what peace can foster. The town may be small, but its future prospects are expanding well beyond the shoreline, capturing the attention of investors, policymakers, and residents alike.
Business
|3 min read

From Seminary to HR Leadership: Kieth Walter Ayuso’s Inspiring Career Journey
Dubai, United Arab Emirates – Kieth Walter Ayuso, 37, once dreamed of becoming a priest and dedicated 11 years to seminary studies before choosing a different path. Despite his initial ambitions, Ayuso made a conscientious decision to serve beyond the clergy, redirecting his passion towards human resources, where he has since built an award-winning career. "I originally wanted to be a priest," Ayuso shared. "But I knew I had to be honest with myself. As the saying goes, 'Many are called, but few are chosen.' I realized I could still serve God outside the seminary." Ayuso, who graduated cum laude with a degree in philosophy from the Oblates of St. Joseph College of Philosophy in the Philippines, acknowledged the difficulty of leaving the seminary but emphasized the importance of reflection in finding his true calling. His career began in Makati as part of an HR team at a medical business process outsourcing company, and he has remained in human resources for over 15 years. In 2013, Ayuso relocated to Dubai, starting as an HR coordinator for a new hotel project. Since then, he has advanced through roles spanning the hospitality, defense, government, and aviation sectors. Currently, he is the Head of HR–Middle East at an aviation company, where he manages strategic HR initiatives and talent development across Dubai, Abu Dhabi, Qatar, and Saudi Arabia. His notable previous roles include corporate director of HR at Jannah Hotels & Resorts, corporate HR manager at IHG Hotels & Resorts, and various senior HR positions at Dubai-based Emaar Group. Ayuso’s excellence in HR has garnered significant recognition: he was named among the Top 100 HR Leaders in MENA 2025 on November 20. His previous honors include Top HR Leaders in the Middle East 2024, Commended HR Leader of the Year 2022, and inclusion in the 300 Most Influential Persons in the Gulf in 2020. In addition to his corporate responsibilities, Ayuso is committed to his faith as an active member of the Lord’s Flock Catholic Charismatic Community, serving chapters throughout Dubai, Abu Dhabi, and Ras Al Khaimah. His journey exemplifies how one can blend professional achievement with personal faith, illustrating that service takes many forms beyond initial aspirations.
Business
|2 min read

Chris Paul Announces Final NBA Season, Reflects on Illustrious Career
Veteran NBA guard Chris Paul, a twelve-time All-Star, confirmed on Saturday that the 2025-26 season will be his final year in professional basketball. Paul, who was in Charlotte with the Los Angeles Clippers to play against the Hornets, shared a heartfelt message on X accompanied by a 75-second video highlighting key moments from his career, beginning with his selection as the fourth overall pick in the 2005 NBA Draft. "Back in NC!!! What a ride... Still so much left...GRATEFUL for this last one!!" Paul wrote, expressing his gratitude and excitement for his closing chapter. At 40 years old and in his 21st NBA season, Paul boasts an impressive legacy. He ranks second all-time in NBA history in both assists (12,532) and steals (2,727), trailing only Hall of Famer John Stockton. With 1,364 games played, only 15 players have appeared in more NBA contests. Paul’s accolades include being named the 2006 Rookie of the Year, earning four All-NBA First Team selections, capturing five NBA assists titles, six steals championships, and being a seven-time First Team All-Defensive member. He also secured the NBA All-Star Game MVP award in 2013 and was honored with a selection to the NBA’s 75th Anniversary Team in 2021. Internationally, Paul won Olympic gold medals with Team USA in both 2008 and 2012. His career has seen him don multiple jerseys: six seasons with New Orleans, a significant stint with the Clippers starting in 2011, followed by periods with Houston (2017-19), Oklahoma City (2019-20), Phoenix (2020-23), and Golden State (2023-24). Last season, Paul experienced a resurgence with the San Antonio Spurs, playing all 82 games for the first time since 2014-15 and averaging 8.8 points along with 7.4 assists per game. He joined the Clippers again in July but has seen limited playing time this season, appearing in 10 games with averages of 2.5 points and 3.3 assists. Over his illustrious career, Paul has averaged 16.9 points, 9.2 assists, 4.4 rebounds, and 2.0 steals per contest. Reflecting on his journey, Paul’s announcement marks the conclusion of one of the most distinguished careers in NBA history.
Business
|2 min read

Diesel and Kerosene Prices Set to Rise as Gasoline Costs Drop on November 25, 2025
Several major fuel providers have revealed upcoming changes to fuel prices effective from 6 a.m. on Tuesday, November 25, 2025. Diesel prices are slated to rise by P0.60 per liter, while kerosene will see a sharper increase of P1.30 per liter. Conversely, gasoline prices will decline by P0.20 per liter. The announcement was made through price advisories issued by companies including Pilipinas Shell, Seaoil, PetroGazz, and Cleanfuel. These adjustments reflect ongoing shifts in the fuel market and will impact consumers starting early Tuesday morning.
Business
|1 min read