01:18.1
And I'm Denise Insight.
01:19.0
You're watching Top Story.
01:29.6
The Philippines gaming regulator estimates a loss of at least 21 billion pesos in government revenue due to the Pogo ban.
01:40.9
During a sauna on Monday, President Ferdinand Marcos Jr. ordered regulators to shut down all Pogo operations by the end of the year.
01:48.9
The government earlier said Pogos bring in between 40 to 50 billion pesos in revenues.
01:54.5
But it also said the country loses over 99 billion pesos annually.
01:59.6
Due to their operations.
02:03.6
Talaga pong masusing pag-aaral ang dapat gawin ng pagkorsang pangkasalukuyan dahil hindi po ganong kasimple ito.
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Pero tulad na din ang sinasabi ko sa marami, eh utos na po ng Pangulo ito.
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Bilang utos ng Pangulo, gagawa natin ang paraan na yung kanyang timeline na katapusan ng taon ay ipatupad natin yung sinasabing pagbabawal.
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May komplikasyon din po dahil sa halos himigit kumulang.
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40,000 mga empleyado po ang directly mga Filipino ang directly maapektuhan po nitong nasabing utos na ito.
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The Presidential Anti-Organized Crime Commission for its part calls for efforts to ensure the Pogo ban would not be lifted when Marcos' term ends.
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No amount of law would be able to put an end.
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So this problem, if a new administration comes in, because they can simply repeal that law, right?
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But what we need now is basically a better understanding for the general public, for the other members of government going down to the local government
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to simply put out a total ban resolution, right, in their respective localities.
03:27.8
To make sure that...
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These particular offshore gaming operations do not go back, do not come back, that it won't resuscitate itself in the next administration.
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Senate President Francis Escudero asserts the Philippine Amusement and Gaming Corporation does not need to wait for a new law to implement President Marcos' Pogo ban.
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Escudero notes no law nor executive or administrative order legalized Pogos in the country.
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Escudero is also wary of passing a law banning only Pogos as its operators may just migrate to other forms of gambling.
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Meanwhile, Senator Sherwin Gatchalian allayed fears offshore gaming operators could be revived as internet gaming licensees.
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Let's not play around with terminology.
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So they can rebrand it, but it's actually defined under law.
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So we will pursue...
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The Pogos as defined under law, and we will make sure that the pronouncement of the president will be implemented.
04:39.1
Senator Loren Lagarda also lauding the Pogo ban, calling it a stand against human trafficking and national security threats.
04:50.4
The Philippines' chief economist makes a case for banning offshore gaming operations.
04:56.0
NEDA Secretary Arsenio Balisacan downplayed the impact of the move.
04:59.6
on the economy during a post-sona briefing Tuesday.
05:04.0
He says Pogos had little contribution to the country's GDP in 2022.
05:08.5
More important than just the economic numbers, I think the social cost and reputational cost to the country of hosting this kind of businesses is not good at all.
05:26.4
Those are very high.
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I think that I would like to see, would like to see, the president would like to see legitimate businesses,
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businesses that give good reputation to our country as investment destination, as tourist destination, not ones that encourage criminality.
05:45.9
Finance Secretary Ralph Recto, meanwhile, gave the assurance that the government will help Filipino Pogo workers land new jobs.
05:53.9
Social Welfare Chief Rex Gatayan also saying,
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there are several types of aid available to both...
05:59.6
Filipino and non-Filipino Pogo workers.
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Una, ginagawa natin na may immediate na shelter where they can stay.
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We are actually running one anti-human trafficking center in Metro Manila together with DOJ, the IACAT.
06:18.8
So we house them there temporarily, work with their government so that they can go home safely in the fastest possible time.
06:27.6
President Marcos also dedicated...
06:29.6
a huge chunk of his sona to reassure Filipinos the government is addressing the high prices of rice.
06:37.6
During the post-sona discussions of cabinet secretaries,
06:41.6
Agriculture Secretary Francisco Chulaurel Jr. said,
06:45.4
the government aims to build 1,500 new kadiwa sites or affordable food stalls to serve all municipalities across the country.
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He also said he does not expect rice imports to reach...
06:59.6
4.7 million metric tons, as earlier projected by the U.S. Department of Agriculture.
07:08.5
The first estimate of the USDA was 4 million.
07:12.9
I'm actually surprised that it increased to 4.7.
07:17.0
But I don't think the lowering of tariffs will really increase importation.
07:23.6
There's no real bearing in my opinion.
07:25.6
The only reason it will increase...
07:29.6
importation is because of demand, not because of lowering tariff.
07:34.3
If there's hulangan demand, kahit mababa, kahit zero tariff pa yan, mas konti importation.
07:39.8
So it's basically demand-driven.
07:44.0
Meanwhile, tourism secretary Cristina Flasco says,
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her agency is anticipating higher international tourist arrivals with the new e-visa system,
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which President Marcos also mentioned in his sona.
07:59.6
What we anticipate is that in the same way that we were able to exceed our targets
08:07.5
as far as visitor receipts are concerned for 2023,
08:12.0
that we would be able to achieve the same feat for 2024.
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However, we anticipate that as far as arrivals are concerned,
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unless and until we are able to fully ease the convenience of coming into the Philippines,
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especially as far as e-visas are concerned,
08:29.6
it does remain a challenge.
08:31.3
We receive the President's directive to fully implement the e-visa with much optimism
08:36.3
in the hopes that it will be implemented by the DFA as soon as possible
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in cooperation with the Bureau of Immigration,
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as well as the forthcoming improvement of our airports.
08:51.2
The UP Third World Studies Center disputing President Marcos' claim of a bloodless anti-drug campaign.
08:58.4
During his statement,
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the nation addressed Marcos' town to his more compassionate version of the war on drugs,
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which has led to the confiscation of billions of pesos worth of narcotics
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and the arrest of thousands of drug personalities.
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But based on its tally,
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the research center said there have already been over 700 drug-related killings
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under the Marcos administration.
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It's alive because as we've been monitoring the killings, drug-related killings,
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under this administration,
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we've recorded in the first year of this administration,
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342 reported drug-related killings,
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and in the second year, 359.
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And in the last two weeks, there have been an additional 26 killings.
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So this effort to claim that the war against drugs is bloodless
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is plain and simple propaganda.
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This is the argument, thank you.
10:03.0
Philippine Education Chief Sonny Angara vows to implement systemic solutions
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for the hiring and career advancement of teachers.
10:12.2
More from Joyce Balancho.
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Philippine Education Secretary Sonny Angara led his first flag-raising ceremony
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at the Department of Education Monday morning.
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In his speech, Angara asked help from dep-ed employees
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as he grapples with perennial problems,
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hounding the education sector.
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President Ferdinand Marcos Jr. has two important marching orders
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to Secretary Angara.
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Improve the quality of education in the Philippines
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and ensure the welfare of teachers.
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Angara responded quickly by suspending the submission of reports
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and performance review of teachers
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so they can focus on preparing for the opening of classes on July 29.
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This was one of the requests made by the Alliance of Concerned Teachers
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when they met with him last week.
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Ang reklamo ng mga teachers is nagkakasabay siya sa bukasan ng pasokan.
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So, ang daming kailangan.
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Dokumentasyon, et cetera, tapos kasabay yung brigada-eskwela,
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kasabay yung opening of classes.
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So, sabi namin, isuspend na muna namin yun for maybe for one or one and a half months.
11:39.5
Well, it's a good sign na magiging makikinig ang ating Secretary of Education
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sa hinahing ng ating mga teachers.
11:49.1
So, yun naman talaga yung pangunahin namin,
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idinulog sa kanya nung nag-dialogue.
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Kaya, nagkapasalamat kami dun sa kanyang pagtugon dun sa pangailangan ng ating mga teachers.
11:59.6
Ang Gara is also looking for systematic solutions to the hiring and promotion of teachers.
12:06.2
He also intends to implement programs for their career progression.
12:10.3
On classroom backlogs, Ang Gara says,
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changes in DepEd's procurement process should be done to address the delay in the construction of classrooms.
12:19.0
The backlog still stands at more than 159,000
12:23.1
and this figure continues to rise due to increasing enrollment in public schools.
12:29.6
It's a big problem.
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If we can see, for the 2024 budget,
12:32.6
there are a lot of things that haven't been constructed yet
12:34.6
because there is a slight delay in the validation.
12:38.6
So, what I want, just like what the Department of Public Works is doing,
12:43.6
is to have them do early procurement activities.
12:46.6
Meaning, they validate, they do the site, they do everything.
12:50.6
They advertise so that by January 2025, they will be awarded.
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And then they construct right away.
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So, as long as it follows, I mean,
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there will be no grap and corruption
13:06.6
and there will be no decision of the president or just one person in the procurement.
13:12.6
So, we need to avoid what happened in Pharma Lee
13:17.6
and other experiences for corruption.
13:20.6
DepEd will also review if there is still a need to lift the ban on classroom decorations.
13:25.6
Vice President and former Education Secretary Sara Duterte,
13:28.6
earlier ordered the removal of visual aids on the walls
13:32.6
and other classroom elements that might distract pupils.
13:36.6
Some elementary school teachers, however, insist
13:39.6
these materials are necessary to help with learning retention among students.
13:44.6
May arguments for and against yan.
13:47.6
So, ako, maybe I will conduct an informal survey
13:50.6
and see what the sentiment of the teachers and the learners is.
13:54.6
Meantime, Angara also plans to continue the revision
13:57.6
made on learning competencies for kindergarten to grade 10.
14:01.6
He is also finalizing measures to improve the country's rankings in international assessments.
14:07.6
In 2022, test result from the Program for International Student Assessment or PISA showed
14:13.6
that Filipino students lagged behind in math, reading, science and creative thinking
14:19.6
compared to students from other countries.
14:22.6
So, meron kaming piniprepare na department order for the curriculum
14:26.6
para sigurado na sila sa baba.
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Ito yung implementation ng rollout, initial rollout ng matatag curriculum.
14:33.6
We're just finalizing that.
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Tapos we're finalizing some things for the President's action on the PISA.
14:42.6
Senator Angara intends to continue utilizing modular learning
14:47.6
and online classes as alternative delivery modes
14:50.6
during calamities and emergencies.
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To ensure the welfare of debit employees,
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Angara also ordered the hiring of at least one doctor in the debit office
15:00.6
and one in each of the regional offices who can attend to medical emergencies.
15:06.6
Joyce Balancho, ABS-CBN News.
15:12.6
The Philippine Senate President committing to approve
15:15.6
the two priority bills President Marcos pushed for in his third SONA.
15:20.6
Marcos on Monday called on Congress to pass amendments
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to the Electric Power Industry Reform Act or EPIRA
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and the Create More Bill.
15:29.6
Escudero says he will make sure the two are approved
15:32.6
before the Chief Executive's 2025 SONA.
15:39.6
Yan ang sisikapin naming gawin.
15:41.6
Lalong-lalo na, dalawa lang naman yung pinanggit niya.
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Maliban dun sa mga pinag-usapan sa ledak.
15:45.6
Dalawa lang ang pinanggit niya na panibagong, hindi naman talaga panibago
15:49.6
ang batas na nais siyang makitang i-basa ng Kongreso.
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Buwang kumpiyansa ko, mapapasa namin yan bago sa susunod niyang SONA next year.
16:01.6
Still with the Senate, the upper chamber is moving to suspend
16:04.6
the implementation of the controversial PUV modernization program.
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Our correspondent Victoria Tula joins us on the line with the details.
16:13.6
Ron, citing the alleged lack of planning and rushed implementation,
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Senators on Tuesday said they will move to suspend the PUV modernization program.
16:22.6
During the hearing of the Committee on Public Services,
16:25.6
Chairperson Senator Rafi Tulfo said he will file a resolution to have it suspended.
16:30.6
The PUV modernization program aims to transform public transportation in the Philippines
16:35.6
into a safe and reliable one through consolidation and the use of modern GP units.
16:40.6
But, Senate President Francis Escudero blasted the Department of Transportation
16:45.6
and Land Transportation Franchising and Regulatory Board for supposedly going through with the program
16:50.6
despite shortcomings.
16:51.6
He said the program implementation was not well thought of and even said it was forced.
16:57.6
He adds he did not allow the rollout of the program when he was still governor of Sor Sabon,
17:02.6
especially since Vice President Sara Duterte, who was then mayor of Davao City,
17:07.6
did not allow it in her jurisdiction.
17:09.6
The Senate leader also criticized the agencies for allegedly removing the iconic Jeep from the picture.
17:16.6
Escudero is confident they will get the support of fellow Senators
17:19.6
and even of President Ferdinand Marcos Jr.
17:22.6
as evident from his State of the Nation address on Monday.
17:25.6
As for the DOTR, it respects the stance of the Senate.
17:29.6
But DOTR Undersecretary Jesus Ortega maintained that they have been giving the President fair,
17:35.6
accurate and proper information regarding the PUV modernization.
17:39.6
Victoria Tulad with that update. Thank you very much.
17:45.6
Moving on to Philippines and the U.S. set to discuss ways
17:48.6
to bolster their 72-year-old alliance in the upcoming Foreign and Defense Ministerial Dialogue.
17:55.6
The 2 plus 2 meeting is happening on July 30.
17:58.6
Manila's Foreign Affairs Secretary Enrique Manalo and Defense Chief Gilbert Teodoro
18:03.6
will meet their U.S. counterparts, Secretary of State Antony Blinken and Defense Chief Floyd Austin.
18:10.6
The DFA said the four will discuss how to further enhance the bilateral alliance
18:16.6
and economic ties of the two countries.
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Blinken and Austin are also scheduled to pay a courtesy call
18:22.6
on President Marcos in Malacanang.
18:28.6
The Philippine Coast Guard is optimistic about the new agreement
18:31.6
between Manila and Beijing regarding resupply missions to the BRP Sierra Madre.
18:35.6
More on that story from our correspondent Michael Deliso. Michael.
18:44.6
For a peaceful and less than situation in the West Philippine Sea,
18:47.6
after Manila and Beijing reached an agreement regarding the resupply of
18:51.6
Filipino troops stationed on Ayungin Shoal,
18:54.6
the Department of Foreign Affairs earlier announced that it reached an understanding with China
18:59.6
on the provisional arrangement for the resupply of daily necessities and rotation missions
19:04.6
to the BRP Sierra Madre, so that's Manila's naval outpost grounded on Ayungin.
19:09.6
The DFA said, or the DFA did not provide details of the arrangement but said
19:13.6
both sides recognize the needs to de-escalate the situation,
19:16.6
in the South China Sea, and manage differences through dialogue and consultation.
19:21.6
The PCG official also reiterated that the recent dialogue will net prejudice
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the country's rights and jurisdiction in the West Philippine Sea.
19:31.6
We expect, we are all hopeful.
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We consider this as a positive development,
19:37.6
that there will be a peaceful, orderly, and not tensed West Philippine Sea
19:42.6
as a result of the talk between the Philippine Government.
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The DFA and the Chinese may support the affairs.
19:49.6
We will not give up our fight against the West Philippine Sea.
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We still insist on sovereignty, sovereign rights, and our jurisdiction in the West Philippine Sea.
19:59.6
Tariella said he still has no information on how the government will conduct the missions in Ayungin.
20:04.6
And despite the agreement, Tariella said, Chinese ships continued its presence in Philippine waters.
20:10.6
China Coast Guard vessel 5901, dubbed the Monster, remains at Escoda Shoal,
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anchored near PCG's BRP Teresa Magbanwa as of Tuesday morning.
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Two other CCG ships with hull numbers 3015 and 3301
20:24.6
passed about 40 nautical miles from El Nido, Palawan.
20:29.6
Thank you very much. Michael Deliso.
20:33.6
An update on the weather now.
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Typhoon Karina continues to bring rains and powerful winds to parts of Luzon.
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Let's get the latest from Pagaso Forecaster, Rhea Torres.
20:44.6
Good afternoon to everyone.
20:45.6
The latest regarding this Typhoon Karina.
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As of 4pm, the center of Typhoon Karina was estimated based on all available data
20:53.6
at 325 kilometers east-northeast of Vasco Batanes.
20:57.6
It currently has maximum sustained winds of 150 kilometers per hour near the center
21:02.6
and gustiness of up to 185 kilometers per hour
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and is moving northward at a speed of 20 kilometers per hour.
21:09.6
Due to the effects of Typhoon Karina, we are currently or there is currently
21:13.6
a tropical cyclone warning signal number 2 raised over Batanes.
21:17.6
Meanwhile, signal number 1 is also raised over Cagayan including the Buyan Islands,
21:23.6
the eastern portion of Isabela, the northern portion of Apayaw, and the northern portion of Ilocos Norte.
21:29.6
Due to the effects of the enhanced southwest monsoon and Typhoon Karina,
21:33.6
strong rains may be experienced over large portions of Luzon, particularly the western sections of Luzon area
21:42.6
as well as portions of Visaya.
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So, citizens are advised against possible flooding or landslides due to the widespread to scattered rain showers.
21:52.6
And based on our latest track forecast, Tropical Cyclone Karina is forecast
21:57.6
to possibly exit our Philippine area of responsibility by Wednesday evening until Thursday morning.
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And we are currently, based on our forecast, we are expecting rains to continue over large portions of the country
22:11.6
until this coming Friday.
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And that is the latest here from Pag-Asso Weather Forecasting Center.
22:16.6
This is Rhea Torres reporting.
22:20.6
President Marcos has suspended work in Metro Manila's government offices due to incessant rains.
22:26.6
Marcos also suspended classes in all levels as Typhoon Karina and the southwest monsoon bring continuous rainfall to the Metro.
22:36.6
Meanwhile, the suspension of work in private companies and offices is left to their discretion.
22:41.6
The House of Representatives and Senate also suspending work for employees not involved in plenary or committee hearings.
22:50.6
Floodwaters inundated several areas of Metro Manila while rains are bringing rivers in provinces such as Oriental Mindoro to critical levels.
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Philippine Science and Technology Chief Renato Solidon Jr. says there is a 70% chance La Nina will develop by August.
23:10.6
the country must brace for stronger typhoons.
23:16.6
Ang una po nating ginawa ay magpatayo pa ng mas maraming Doppler radar. May 90 na tayo. 25 flood forecasting and warning centers.
23:26.6
At ito naman po ay binibigay ng Diyos ni Pag-asa sa ating publiko araw-araw.
23:33.6
And meron tayong climate forum para mas advanced na ang makuha ng ating Department of Agriculture.
23:40.6
Up next in Battle Town, Mayor Alice Goh apologizes for her remarks against the Senate.
23:48.6
And the country's foreign borrowings up in the second quarter.
23:51.6
More news when we return.
24:10.6
Maraming salamat para
24:40.6
Here's a watching top story here again at the headlines.
25:02.2
Philippines sends to lose 21 billion pesos due to the Pogo ban.
25:06.0
But economic managers say their social costs outweigh their economic benefits.
25:11.8
Typhoon Karina brings heavy rains and powerful winds to parts of Luzon.
25:16.6
Philippine investigators show forensic findings to prove the viral video of President Marcos doing drugs is fabricated.
25:24.1
And U.S. Vice President Kamala Harris secures a delegate seated to claim the Democratic Party's presidential nomination.
25:33.1
The Philippine Finance Chief, Defense and Order,
25:36.0
for the government health insurer to return billions of pesos in unused subsidies back to state coffers.
25:42.8
Andrea Taguines is now on the line for the details. Andy?
25:47.1
Ron, the Department of Finance has justified its previous circular
25:51.0
expecting state insurer Phil Health to remit 89.9 billion pesos in unused subsidies back to the National Treasury
25:58.8
so that these can be utilized in financing unprogrammed appropriations.
26:03.4
During the post-SANA discussions this morning,
26:06.0
DOF Secretary Ralph Recto clarified that his agency was only following Congress' orders
26:11.5
to collect and make better use of EIDL funds from different government-owned and controlled corporations such as PhilHealth.
26:18.6
Recto said his agency consulted with the Governance Commission for GOCCs,
26:23.0
the Office of the Government Corporate Council, as well as the Commission on Audit,
26:27.0
all of which he said noted that the move was legal.
26:30.4
Despite the remittance, Recto said PhilHealth's programs will not be affected
26:34.7
since the state insurer...
26:36.0
Recto also denied claims that the remittance funds will be channeled to the controversial Maharlika Investment Fund.
26:46.6
He said that the remittance will be done in phases,
26:49.2
saying the DOF has only collected about 20 billion pesos out of the nearly 19 billion pesos,
26:54.9
and this was used to finance the recently released health emergency allowance for healthcare workers.
27:00.3
Recto said that if lawmakers are questioning the remittance,
27:03.1
then it should also order the DOF to take back the circular...
27:06.0
According to Recto, apart from PhilHealth,
27:08.7
another GOCC with EIDL funds is the Philippine Deposit Insurance Corporation, or PDIC,
27:13.9
and it has worth about 110 billion pesos,
27:17.1
which he said could instead be used for projects geared towards national development.
27:21.7
Recto said the DOF looks to collect a total of 200 billion pesos in unused subsidies
27:26.0
from both PDIC and PhilHealth this year.
27:29.4
He said this may be used to finance unprogrammed appropriations
27:32.2
such as foreign-assisted projects of the government,
27:34.6
which includes...
27:36.0
If utilized better, Recto said,
27:39.9
these funds could help the Philippine economy grow by more or less 0.8%
27:44.4
and help generate some 600,000 jobs based on the agency's cost-benefit analysis.
28:06.0
If utilized better, Recto said,
28:06.6
these funds could help the Philippine economy grow by more or less 0.8%
28:06.9
and help generate some 600,000 jobs based on the agency's cost-benefit analysis.
28:06.9
If utilized better, Recto said,
28:07.0
these funds could help the Philippine economy grow by more or less 0.8%
28:07.0
and help generate some 600,000 jobs based on the agency's cost-benefit analysis.
28:07.0
In fact, nabagit ka ng presidente ng habon sa zona,
28:09.7
may mga dagdag-benebisyo na ginagawa at gagawin ng PhilHealth.
28:14.8
Hindi rin totoo na gagamitin sa mahal ni ka fund,
28:18.9
walang kinalaman yun dito,
28:21.1
hindi rin totoo na 89.9 billion na ang nakuha natin,
28:25.2
20 billion pa lang,
28:27.0
at yung unang pinaggastusan,
28:28.7
yung mga front-line workers.
28:33.8
Recto's explanation comes following backlash from medical workers,
28:38.5
budget watchdogs,
28:39.5
and some lawmakers who say that the budget transfer is inappropriate
28:43.3
and could even be illegal as it violates the universal health care law.
28:47.9
Back to you, Ron.
28:49.1
Thanks for that story, Andrea Taguinas.
28:52.3
Filipino authorities bear the results of their forensic probe
28:55.8
into a viral video supposedly showing President Marcos
29:00.3
The National Bureau of Investigation asserts
29:02.2
the video that gained traction Monday is nothing but a deep fake.
29:06.6
Investigators enhance the features of the person in the video
29:09.4
and compare them to those of the chief executives.
29:12.7
The NBI says they're now investigating who is behind the fabricated video.
29:28.7
The NBI says they're now investigating who is behind the fabricated video.
29:58.7
The NBI says they're now investigating who is behind the fabricated video.
30:28.7
The NBI says they're now investigating who is behind the fabricated video.
30:58.6
At 67.53, after investors got a glimpse of President Ferdinand Marcos' game plan
31:05.0
for his third year in office during his annual address.
31:08.6
People were anticipating a lot of expectations that was set during the sauna.
31:15.4
And I think right now, the market's just waiting for two other,
31:20.1
well, actually three other data.
31:22.1
One is the FEC meeting on July 30, 31, and eventually the inflation.
31:28.6
And eventually the GDP, which I think is scheduled on August 5.
31:33.3
So these are very important numbers to consider.
31:37.7
But I guess we've already seen the profit-taking has already started.
31:43.8
But Jonathan Ravelas believes the rally is not sustainable.
31:47.8
When we try to look at, if we were to digest the state of the nation address,
31:54.1
talking about all the work in progress from agriculture, infrastructure,
31:58.6
spending, disaster recovery and reliefs,
32:03.4
the key question to ask is, how are we going to fund this?
32:09.3
Last week, we were treated that debt service is already up by 48% year-to-date.
32:15.7
So the question now is, are we going to borrow more?
32:20.2
Or are we going to increase new taxes to fund all of this?
32:25.2
He also believes the perceived impact of the Pogo ban,
32:28.6
on the property sector, is just a knee-jerk reaction.
32:33.0
When we try to look at the percentage of the revenues coming from these Pogos,
32:41.6
they're practically very, it's not as big compared to other rental income.
32:48.1
So I think this is more of knee-jerk.
32:50.3
And there are a lot of potential use for the properties that will be vacated.
32:56.4
In corporate news, SM Prime Executive.
32:58.6
The executives and directors rang the ceremonial bell at the old PSE trading floor in
Taguig
33:04.4
to mark its 30 years at the local bourse.
33:08.4
With 885 billion pesos in market cap,
33:11.9
the C family's property developer is among the largest companies at the PSE.
33:18.0
SM Prime vows to continue serving as a driver of economic growth
33:22.2
and deliver innovative and sustainable lifestyle cities to Filipinos.
33:28.6
Pacific formally inked its aircraft order with Airbus,
33:32.6
deemed the largest in Philippine aviation history.
33:35.7
The price tag for CEPAC's purchase of 152 units of Airbus' A321 aircraft
33:43.3
was pegged at 24 billion dollars.
33:46.8
CEPAC also tapped Pratty and Whitney's engines to power the future aircraft.
33:53.1
In company earnings,
33:54.2
Savoyte's power books 17 billion pesos in first half net income.
33:58.6
This was lower by 4% year-on-year due to the depreciation and interest
34:04.4
of its GN Power-Dinginin power plant in Bataan.
34:08.6
Second quarter EBITDA, however, was up 6% from last year at nearly 20 billion pesos.
34:18.6
The Philippines continues to borrow more from offshore creditors.
34:22.6
That's as foreign borrowings approved by the Banco Central surged by 43% to 3.9%.
34:28.6
That's over a billion dollars higher than the amount recorded in the same period last year.
34:35.2
The BSB said these approved borrowings consisted of one bond issuance worth 2 billion dollars
34:41.4
and three project loans.
34:44.2
Overall, for the first half of the year,
34:46.0
the regulator approved less public sector foreign borrowings compared to last year.
34:52.8
Fewer Filipinos were poor last year,
34:55.3
according to data from the Philippine Statistics Authority.
34:58.0
The poverty rate in the Philippines fell to 15.5% in 2023 from the 18.1% recorded in 2021.
35:07.6
Now, this translates to 17.54 million Filipinos whose incomes are not sufficient to meet their basic needs.
35:15.7
It also beat the government's target of 16 to 16.4% for 2023.
35:20.9
The National Economic and Development Authority said the decline in poverty incidents
35:25.2
marks a progress toward the market's administration.
35:28.0
The administration's goal of reducing the poverty rate to a single digit
35:31.4
by the end of the president's term in 2028.
35:36.3
A coalition of cause-oriented groups wants the Philippine energy chief held accountable for alleged graft.
35:44.2
The groups last week sued Secretary Rafael Lutilia before the ombudsman
35:48.1
after he allegedly exercised preferential treatment
35:51.3
in approving a coal-fired power plant in Timu province.
35:55.3
Lutilia was previously an independent directorate,
35:58.0
a director of the plant operator, Aboytis Power.
36:01.2
Central to their complaint is the claim that Lutilia violated a 2020 moratorium by the agency
36:06.9
on developing new coal power plants in the country.
36:10.8
The lawyer of the group said the move also undermines the country's goal
36:14.3
to transition to cleaner energy sources.
36:17.9
Secretary Lutilia and Aboytis Power have yet to comment on the complaint.
36:24.2
This is a step towards the wrong direction.
36:28.0
Not just a coal moratorium,
36:31.0
not just a pronouncement of President Marcos Jr.,
36:35.6
but also the very commitment of the Office of the Secretary
36:40.2
as the chief implementer of rules,
36:45.1
the existing rules consistent with this mandate
36:48.6
to ensure affordable clean energy for all Filipinos.
36:52.7
The message should be unequivocal.
36:55.3
There should be no preferential treatment.
36:58.0
A new study by Robert Walters finds 74% of Filipino professionals are eyeing a backup job.
37:21.3
That's in case anything goes wrong in their current career.
37:24.2
The Global Talent Solutions firm calls this career cushioning, which it said is a growing trend in labor markets, including here at home.
37:33.5
The study identified certain motivations for professionals who start looking for their next job, which include unhealthy work environment and low job satisfaction.
37:44.6
More to come, Democrats rally behind U.S. Vice President Kamala Harris as she guns for the White House.
37:54.2
You're back on Top Story.
38:16.0
U.S. Vice President Kamala Harris secures more than enough delegates needed to claim the Democratic presidential nomination.
38:24.2
The threshold amid a wave of endorsements from state delegations Monday night.
38:29.0
Delegates now expected to vote to confirm Harris as a nominee before August 7.
38:34.2
During her first public appearance since launching her White House bid, Harris praised U.S. President Joe Biden's leadership.
38:43.5
Joe Biden's legacy of accomplishment over the past three years is unmatched in modern history.
38:51.2
In one term, he has already.
38:59.6
In one term, he has already surpassed the legacy of most presidents who have served two terms in office.
39:07.2
And I first came to know President Biden through his son, Beau.
39:11.2
We worked together as attorneys general in our states.
39:14.7
And back then, Beau would often tell me stories about his dad, his honesty, his integrity, his commitment to his faith and his faith in God.
39:23.9
We worked together as attorneys general in our states.
39:24.1
And back then, Beau would often tell me stories about his faith and his family, his big heart, and his love, deep love of our country.
39:30.4
And I am first-hand witness that every day, our President Joe Biden fights for the American people.
39:39.4
And we are deeply, deeply grateful for his service to our nation.
39:46.5
Party heavyweights throw their support behind Kamala Harris.
39:50.3
Former House Speaker Nancy Pelosi endorsed Harris's White House bid.
39:54.1
Pelosi played a leading role in persuading Biden to step aside as concerns over his ability to beat Donald Trump grew after their debate last month.
40:03.7
Democratic Senator Dick Durbin also giving a seal of approval to Harris.
40:09.9
The announcement yesterday by President Biden came as a surprise to many.
40:17.2
This has been building for some period of time.
40:20.2
I want to salute him.
40:21.3
It is an extraordinary decision.
40:23.5
It is an extraordinary decision for someone who has a lifetime in public service to step aside for the good of the country and the good of his party.
40:30.2
He made that decision yesterday.
40:31.7
I'm sure it wasn't an easy one for him.
40:33.5
One hundred and six days.
40:35.5
If we're going to wage a successful campaign against Donald Trump, we've got to get our act together.
40:40.6
So I'm hoping that more Democrats will step forward to support her nomination.
40:45.2
And we'll get underway in just a few weeks with the convention.
40:50.9
The Vice President's campaign said it raised doubt.
40:53.5
It raised 81 million dollars in just 24 hours since Harris announced her White House bid.
41:00.6
House Republicans and Democrats calling on U.S. Secret Service Director Kimberly Cheadle to resign over security failures that led to the assassination attempt on Donald Trump in Pennsylvania.
41:12.3
But she repeatedly rebuffed the resignation calls.
41:18.2
It is my firm belief, Director Cheadle, that you should resign.
41:23.5
However, in complete defiance, Director Cheadle has maintained she will not tender her resignation.
41:28.8
I will be joining the chairman in calling for the resignation of the director just because I think that this relationship is irretrievable at this point.
41:40.4
And I think that the director has lost the confidence of Congress at a very urgent and tender moment in the history of the country.
41:49.4
And we need to very quickly move beyond this.
41:53.5
Despite her refusal to step down, Cheadle admitted she and the agency failed to do their job.
42:02.1
The Secret Service's solemn mission is to protect our nation's leaders.
42:07.4
On July 13th, we failed.
42:10.7
As a director of the United States Secret Service, I take full responsibility for any security lapse of our agency.
42:18.4
We are fully cooperating with ongoing investigations.
42:21.7
We must learn what happened.
42:23.5
And I will move heaven and earth to ensure that an incident like July 13th does not happen again.
42:33.0
Hamas signs an agreement with other Palestinian groups calling for national unity.
42:38.5
A senior Hamas official said the unity deal was also signed with its rival Fatah during their visit in China.
42:45.1
Chinese Foreign Minister Wang Yi says the 14 Palestinian factions have also agreed to set up an interim national reconciliation government together.
42:53.5
This comes after an Israeli assault on communists in southern Gaza killed 70 Palestinians.
43:03.1
The death toll in the war has surpassed 39,000.
43:08.6
Over in Ethiopia, at least 50 killed in a landslide.
43:12.3
Authorities say the death toll rose after rescuers got trapped while searching for victims.
43:17.3
Women, children, and local police were among the fatalities.
43:20.5
The landslides were triggered by days of heavy rains.
43:23.5
Over a mountainous area of South Ethiopia.
43:26.7
Videos from the scene showed rescuers digging with their bare hands.
43:33.4
Switching gears now, politics meets fashion once again.
43:37.4
As Philippine lawmakers and government officials flaunt their outfits during Monday's State of the Nation Address.
43:43.2
MJ Felipe gives us a look.
43:49.5
Lawmakers, VIPs, and guests proudly paraded their Filipino maintenance.
43:53.5
At the red carpet of the State of the Nation Address at the Batasang Pambansa.
44:00.6
Their outfits ranged from classic colors to traditional and colorful designs.
44:05.8
And even environment-friendly attire.
44:08.7
Like this Batawi creation by Francis Libiran, worn by Kusugtausug Partylist Representative Sherny Tan Tambut.
44:16.1
This is my way of telling everyone that Sulu is ready.
44:20.3
We are ready for investors.
44:22.4
We are ready for tourism.
44:23.5
We are ready for tourists.
44:24.4
We are ready for the world.
44:26.6
Cavite Second Risk Representative Lani Mercado also decided to wear a traditional Muslim dress created by Rahul Aurel.
44:34.2
Her husband, Senator Ramon Revilla Jr., wore a barong by Paul Cabral.
44:38.9
Same with his son, First District Representative Jolo Revilla.
44:42.6
Senator Joel Villanueva also tapped Cabral for his last-minute barong.
44:46.8
When it comes to Filipiniana, Cabral was the top choice of former MTRCV Chairwoman,
44:53.5
And her mother, Rosemarie.
44:55.3
Bataan First District Representative Geraldine Romance, a red Filipiniana.
44:59.9
And Senator Grace Poe, whose Filipiniana was decorated with golden leaves.
45:05.1
Meanwhile, her husband, Neil and son, Brian, chose to wear a barong made by local weavers from Lumban, Laguna.
45:13.0
Para makatulong sa Lumban.
45:15.7
Maraming weavers.
45:17.5
Yung embroidery, yun yung mahalaga.
45:19.1
So, nawawala na ng konti.
45:21.6
So, dapat yung mga bagong hinahalagay.
45:23.5
Itong mga ganito, talagang pwedeng mas lalo pang makilala ang bayan ng Lumban.
45:31.5
Former Governor Luis Villapuerte and Rachel Peters also tapped local weavers from Camarines Sur for their outfits.
45:38.8
Quezon City Mayor Joy Balmonte also made the green choice by giving new purpose to old clothes created by Cebu-based Ant Hill Fabrics for her dress.
45:48.3
I wanted it to be local.
45:50.9
I wanted it to be upcycled, recycled.
45:53.5
So, if you notice, my dress is made of three different fabrics.
45:57.3
There's the lining, and then here and here.
46:00.3
And there are three different dresses.
46:02.0
But gusto ko i-reuse at mag-itapon.
46:05.2
Speaking of reusing, Senator Lauren Legarda reused her piña collection for her dress designed by Puy Quinones.
46:12.8
Senator Cynthia Villar chose her designer cousin, Nolly Hands.
46:17.1
Joel Acebuches Barotsaya was Senator Riza Ontiveros' choice.
46:21.2
While Leyte Fort District Representative...
46:23.5
...Richard Gomez and his wife, Ormoc City Mayor Lucy Torres Gomez tapped designer Lulu Tangan.
46:30.1
Senator Pia Cayetano and actress Aiko Melendez arrived in black Filipinianas.
46:35.1
Cayetano tapped designer Mia Urquico for her dress.
46:39.3
While Marlon Tuason made Melendez Filipiniana, who arrived with Subic Zambales Representative Jay Kunghun.
46:46.5
Joe Rubio made Senator Sherwin Gatchal Yance Barong and Bianca Manalo's dress.
46:51.2
Also, Manila Mayor...
46:53.5
...Kunya Pangans, Filipiniana, and Vice Mayor Yul Servos Barong.
46:58.1
Meanwhile, Michael Leyva was a favored designer, creating more than a hundred outfits...
47:03.1
...including that of Senator Ralphie Tulfo and Senate President Cheese Escuderos Barongs...
47:08.4
...and Heart Evangelista's classic white Filipiniana.
47:12.5
I wanted it to be simple. At the end of the day, it's really not about us.
47:15.6
So I wanted to dress appropriately.
47:18.8
This year is Senator Nancy Binay's last sauna.
47:22.0
And she chose to wear...
47:23.5
...a Randy Ortiz creation.
47:25.7
During her previous sauna appearances, Senator Binay made headlines with her trending and viral dresses.
47:32.3
Just enjoy what you're wearing.
47:34.5
Some people might not like it, but at the end of the day, kung ano yung komportable ka, eh yun na lang suotin mo, di ba?
47:43.1
Adding color to the red carpet runway was the Moro armor-inspired dress of Senator Aimee Marcos.
47:50.2
PAO Chief Attorney perceived the Acosta's modern take on the Mariakas.
47:53.5
While mother and daughter, Melda and Maffie Papin, decided to wear self-made couture.
47:59.9
As for the Macabayan Bloc representatives, their messages of protest were hand-painted on their outfits.
48:07.2
The message of this is, klaro naman po, ito ay soberanya para sa ating bansa to demilitarize the West Philippine Sea.
48:15.5
Red carpet outfits may just be a side story for many.
48:18.8
But it sheds a spotlight to some of the world-class creations of Filipino designers...
48:23.5
...signers and weavers.
48:25.2
MJ Felipe, ABS-CBN News.
48:29.5
Filipino-American actor Brandon Perea chases the eye of the storm in the blockbuster hit, Twisters.
48:36.8
He looks back on the twists and turns of his career with our Hollywood correspondent, Yong Chavez.
48:44.9
After his scene-stealing role in Nope, Brandon Perea is back on the big screen with Twisters.
48:49.7
The follow-up to the 1996 film Twisters stars...
48:53.5
...a new generation of storm chasers who are just as dedicated to the thrill of facing the eye of the storm...
48:59.5
...as they are about figuring out tornadoes to save lives and prevent destruction.
49:04.1
The 29-year-old actor, who grew up in Chicago to a Puerto Rican father and Filipino mother, reflects on his Hollywood career thus far.
49:12.3
I'd take a million no's to get this one yes. And I have taken a lot of no's to get this one yes.
49:17.0
When I talk about it, it's like crazy getting the shock in the moment because now I'm starting to think of all the pieces of like...
49:22.2
...oh my gosh, I remember driving by...
49:23.5
...Universal Studios when I first came out here and now I'm on the stage right now doing an interview for a summer movie for a second time.
49:31.6
Like this is insane to me. Like it does not get old. And I realize that it is a privilege. And I realize that I am blessed and I am grateful to be here.
49:40.8
Perea was no stranger to the spotlight having achieved success in his youth in breakdancing on roller skates.
49:47.2
His mom, Maricar Conanan, unwittingly helped start his interest in skating.
49:51.5
I got put on roller skates.
49:53.5
When I was a few months old, because my mom just wanted us to learn to balance, so she just like would hold us up on roller skates, funny enough.
49:59.7
And then I really started breakdancing on roller skates when I was like 10 years old and just kept working to become a pro.
50:08.7
And then I turned pro at 14, and that's like the youngest that someone's turned pro in that specific sport, the breakdancing on roller skates.
50:16.3
In Twisters, he plays Boone, the right-hand man of Glenn Powell's character Tyler.
50:21.2
Boone and the rest of Tyler's crew are YouTubers.
50:23.5
They're stars who fearlessly chase tornadoes.
50:26.1
In Powell, Perea found an instant friend and a role model.
50:29.7
He could be the busiest guy on the planet right now, and he'll still answer a call or send a text back and just to make sure everything's okay.
50:37.1
And also, he's just so talented and so committed to his craft and committed to telling stories, and he's in love with it.
50:43.3
Perea shares an unforgettable experience with Powell and leading lady Daisy Edgar-Jones.
50:48.1
Have you experienced a tornado?
50:49.4
He tried to chase after the movie.
50:51.6
Glenn, Daisy, and I went to Oklahoma.
50:53.5
With one of our professional storm chasers, he was a professional.
50:56.8
He took us on a safe route to try to see one, and we ended up in some good storms.
51:02.0
No tornado touchdown, but I will try next season.
51:05.9
The film star also sent a special message to Filipino fans.
51:09.7
To our Filipino fans, Pinoy Pride, come watch Twisters.
51:14.1
Please support. I appreciate the love throughout my entire journey, and Pinoy Pride for life.
51:20.0
Twisters is now out in theaters.
51:23.5
ABS-CBN News here in Hollywood.
51:27.7
And before we go, media giant ABS-CBN records an average growth of 85% in live stream watch hours on YouTube since 2020.
51:37.8
The company says the watch time hours for viewers consuming ABS-CBN content on smart TVs have so far reached 554.9 million,
51:49.1
while those using mobile phones have accumulated 549.
51:53.5
The parent company of this news channel also notes,
51:59.1
Kapamilya Online Live, which has been live streaming ABS-CBN content 24-7 in Asia, Australia, Europe, and New Zealand since 2020,
52:09.8
accounts for 61% of live viewers from these territories.
52:17.4
Those were the top stories today.
52:19.1
I'm Vinny Sinsay.
52:20.3
You can watch highlights and recaps of our shows online.
52:23.5
On ANC 24-7 on Facebook and YouTube.
52:27.5
You can also subscribe to ANC Proceeds on YouTube to get access to our full lineup of shows.
52:33.2
Thank you for watching.
52:53.5
can also subscribe to ANC Proceeds on YouTube to get access to our full lineup of shows.
53:23.6
You can also subscribe to ANC Proceeds on YouTube to get access to our full lineup of shows.
53:53.6
You can also subscribe to ANC Proceeds on YouTube to get access to our full lineup of shows.
53:53.7
You can also subscribe to ANC Proceeds on YouTube to get access to our full lineup of shows.
53:53.8
On ANC's YouTube channel if you sign up for a membership.
54:01.0
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54:03.7
Go to ANC 24-7 on YouTube and click join to become a member.
54:10.3
Welcome to ANC Proceeds.
