The Securities and Exchange Commission (SEC) has revoked the corporate registration of Farm to Market (F2M) Agri-Farm OPC for soliciting investments from the public without the necessary license from the Commission. In an order dated October 9, 2024, the SEC Enforcement and Investor Protection Department (EIPD) revoked F2M Agri-Farm OPC’s certificate of incorporation for violating Section 44 of Republic Act (RA) No. 11232, or the Revised Corporation Code (RCC), Sections 8.1, 26.1 and 28.1 of RA No. 8799, or the Securities Regulation Code (SRC), and Section 11 of RA No. 11765, or the Financial Products and Service Consumer Protection Act. The RCC prohibits corporations from possessing or exercising powers beyond those conferred by law and provided under the articles of incorporation. The SRC, on the other hand, prohibits the selling or offering of securities without a registration statement duly filed with and approved by the Commission, and requires people engaged in the business of buying and selling securities to be registered with the SEC. Accordingly, F2M Agri-Farm OPC was ordered to pay an administrative fine of P1 million, while its incorporator and nominee were directed to pay the same amount. The EIPD found F2M Agri-Farm OPC and its related entities, namely F2M Tarlac City-Main Branch, F2M, F2M Paalaga System, Hog Raising Business, F2M Tuguegarao Branch, F2M Dagupan, F2M La Union Branch, F2M Lagawe, Ifugao, F2M-Solano Nueva Viz. Branch and F2M Tayug, to be offering investments in the nature of an investment contract without the necessary registration and approval from the SEC through the F2M 3 Months Paalaga System. Under the Paalaga System, F2M and its related entities enticed the public to buy one piglet for P5,000 with a promised return of P7,600 after three months, representing a 30% return on investment less 5% service charge, as advertised on their social media page. If an investor buys 20 piglets for P100,000, the investor is expected to receive P152,000 return after three months. The related entities of F2M Agri-Farm OPC are not registered as corporations or partnerships with the SEC and do not have the secondary license to solicit investments or offer securities. The company’s illegal solicitation of investments also constitutes fraud due to its similarity to a Ponzi scheme, where profits or payouts are taken from incoming investors or additional pay-ins of existing member-investors as it does not have any underlying legitimate business to source the returns. As early as April 16, 2024, the SEC has already issued an advisory against the company and its related entities. The Commission subsequently issued a cease and desist order against F2M Agri-Farm OPC on August 20, 2024 to stop the company and its related entities from soliciting investments.

  Globe recently showcased its innovative, technology-driven disaster resilience strategies and its commitment to mitigating climate risks on the sidelines of the Asia Pacific Ministerial Conference on Disaster Risk Reduction (APMCDRR) 2024. In a timely event mounted alongside the Ayala Group, Globe outlined the company’s holistic approach to disaster risk reduction (DRR), encompassing advanced technology solutions, robust infrastructure, and community-centered response measures. “Reliable infrastructure is crucial in ensuring reduced downtime services during disasters. Globe constructs and retrofits towers to withstand extreme weather, factoring in risks such as flooding, earthquakes, tsunamis, and volcanic eruptions. Backup power sources have also been installed to reduce network interruptions and ensure continuity,” Yoly Crisanto, Globe’s Chief Sustainability and Corporate Communications Officer. In partnership with the National Disaster Risk Reduction and Management Council (NDRRMC), Globe plays a vital role in disseminating geo-tagged disaster alerts, as required by Republic Act 10639, or “The Free Mobile Disasters Alert Act.” Beyond prevention, the mobile leader has established swift response mechanisms to support affected communities, including pre-positioning resources like Cell site on Wheels (COW), Tower on Wheels (TOW), Cell site at Less Footprint (CALF), Genset on a Truck (GOAT), and Emergency Base Stations to maintain connectivity in disaster-affected areas. Libreng Tawag, Libreng Charging (LTLC) stations are also deployed in disaster-hit areas to provide residents essential communication services amid power outages. Meanwhile, Globe’s telehealth provider KonsultaMD offers medical and mental health services to assist in disaster recovery. Employee volunteers also help prepare and distribute relief supplies, reflecting Globe’s commitment to community recovery and rebuilding. Through Globe Rewards, customers can directly donate to partner organizations, providing aid for those in need. Globe’s commitment to climate action is also key to its disaster risk reduction strategy. By pursuing its net-zero ambition, the telco giant seeks to reduce the risks posed by extreme weather and other climate-related threats through climate mitigation. On the other hand, speaking at the panel discussion on “Leveraging Digital Advancements for Early Warning Dissemination and Communication,” Emmanuel Estrada, Globe Vice President for Regulatory Development and Strategy, highlighted the importance of a multi-channel approach for emergency communications. He emphasized that integrating cell broadcasts with location-based SMS and various channels— such as sirens, billboards, TV, radio, mobile apps, and social media —would significantly expand audience reach. Maintaining consistency across platforms is crucial to prevent confusion and ensure that information is delivered clearly and effectively. “In times of emergency, it is crucial that we leverage all existing and in-service technologies to send Emergency Alert Warning Messages (EAWM) to as many people as possible. This means we cannot rely solely on mobile networks,” he stressed. Estrada also shared that Globe is exploring low-earth orbit (LEO) satellite technology to ensure uninterrupted communication in areas where terrestrial networks may fail. These satellite services can extend connectivity to remote or disaster-affected areas, enhancing resilience for emergency teams. With disaster preparedness embedded in its business model, Globe applies the principles of Resilience by Design (RD) throughout its network lifecycle, ensuring that critical infrastructure, such as satellite hubs, are positioned safely to maintain service continuity. The APMCDRR 2024 gave Globe a valuable opportunity to present its DRR accomplishments and reaffirm its commitment to protecting Filipinos through innovative technologies and sustainable practices. With over 4,000 attendees, this year’s conference emphasized accelerating DRR efforts to mitigate the effects of climate change and natural disasters across the region. PHOTO CAPTION:

Globe has received reports that its sender ID has been used to spread a malicious message apparently targeting the President’s family or prominent political figures. Globe wishes to clarify that the said message is a case of spoofing, where fraudsters send unauthorized SMS with a spoofed sender ID to mobile users in a particular area using fake cell towers. Spoofing uses an international mobile subscriber identity (IMSI) catcher– a portable  device that captures mobile users within a limited radius by forcing their signal to downgrade to 2G, the old cellular network technology for voice calls and texts.  Messages sent via spoofing do not pass through the Globe cellular network, thus bypassing Globe’s stringent anti-fraud filters. Globe is investigating this incident and is working with relevant authorities and other partners to prevent a recurrence. Globe would also like to remind its customers to be wary of suspicious text messages they receive and never engage with its senders. As a mobile network operator engaged in public service, Globe will never send messages of a political nature and does not have any political alliance.  Instead, it is committed to working with the government to achieve shared goals, including inclusive connectivity and a digitally-enabled and thriving Filipino nation.  

Idineklara ng Department of Health (DOH) ang Code White Alert mula Enero 6–10, 2025 para sa taunang Traslacion ng Poong Itim na Nazareno,ngayong araw Enero 9. Ang alertong ito ay nagsisiguro na ang lahat ng itinalagang medical personnel, kagamitan, at pasilidad sa NCR at mga karatig-rehiyon gaya ng Central Luzon at CALABARZON ay nakaantabay upang mabilis na tumugon sa mga emerhensiya o insidenteng may kaugnayan sa kalusugan sa panahon ng malaking pagtitipong panrelihiyon. Ang DOH, sa pakikipagtulungan sa mga katuwang na ahensya at Lokal na Pamahalaan ng Maynila, ay magtatalaga ng medical teams at mga health station sa mga pangunahing lugar ng ruta ng Traslacion, kabilang ang Quirino Grandstand, Rizal Park, SM Manila, Ayala Bridge, P. Casal, at Quinta Market. Dagdag pa rito, 201 tauhan mula sa Health Emergency Response Team (HERT) ng 20 ospital ng DOH sa Metro Manila, kabilang ang Jose R. Reyes Memorial Medical Center (JRRMMC), Tondo Medical Center (TMC), Dr. Jose Fabella Memorial Hospital (DJFMH), at East Avenue Medical Center (EAMC), ang itatalaga. Ang mga katuwang na ahensya tulad ng Metro Manila Development Authority (MMDA), National Disaster Risk Reduction and Management Council (NDRRMC), National Capital Region Police Office (NCRPO), Bureau of Fire Protection (BFP), Philippine Coast Guard (PCG), at DOH Metro Manila Center for Health Development (MMCHD) ay magkakaroon din ng mahalagang papel upang matiyak ang koordinado at epektibong pagtugon sa kalusugan. Ang mga itinalagang health station sa kahabaan ng ruta ng Traslacion ay magbibigay ng basic at advanced care ayon sa pangangailangan. Nakaantabay rin ang mga ambulansya para sa agarang pagdadala ng mga pasyente sa ospital. Ang mga pasilidad tulad ng JRRMMC, TMC, at iba pang ospital ng DOH sa NCR ay handang tumanggap ng mga pasyenteng nangangailangan ng mas masusing atensyong medikal. Binibigyang-diin din ng DOH ang kahalagahan ng pagsunod sa mga pag-iingat sa kalusugan at kaligtasan sa panahon ng Traslacion. Hinihikayat ang mga deboto na kung may ubo o sipon at hindi maganda ang pakiramdam, iwasan na muna ang magpunta sa Traslacion para hindi lumala ang kondisyon at mapigilan ang pagkalat ng sakit. Uminom ng walong basong tubig kada araw upang manatiling hydrated, magsuot ng komportableng damit, at limitahan ang matagal na pagkakalantad sa init upang maiwasan ang mga sakit tulad ng heat stroke. “Ang taunang Traslacion ay panata na ng milyun-milyong mga Pilipinong deboto. Kasama niyo ang DOH sa pagtitiyak ng maayos na kalusugan at kaligtasan ng lahat. Kasama ang ating mga katuwang na ahensya, ang DOH ay handang tumugon sa anumang medical emergencies at magbigay ng agarang pangangalaga. Hinihikayat namin ang lahat ng debotong makipagtulungan, maging mapagmatyag, at unahin ang kanilang kalusugan sa makabuluhang pagdiriwang na ito,” ani Health Secretary Teodoro J. Herbosa. Photo Courtesy ABSCBN

Year 2024 has been a banner year for the Bases Conversion and Development Authority (BCDA) after its gross revenues breached the Php 11 billion mark, mainly driven by the joint venture deal for a 6.1-hectare mixed-use development in Taguig City. BCDA saw its gross revenues increase by 3% to Php 11.3 billion in 2024 from Php 10.9 billion in 2023. This steady growth and positive financial performance was mainly attributed to the execution of a joint venture agreement for the development of the 6.1-hectare mixed-use development in Bonifacio Capital District in Taguig, which yielded an initial payment of Php 3.5 billion to the BCDA. Additionally, the BCDA’s toll and airport concession revenues saw an increase of Php 925 Million from Php 2.3 billion in 2023 to Php 3.2 billion in 2024. Dividends from BCDA’s affiliates also grew by Php 325 million from Php 675 million in 2023 to Php 1 billion in 2024. “Through collaboration with partners that share our vision and efficient revenue generation efforts, the BCDA wrapped up 2024 as another banner year for the organization, sustaining good financial performance over the years. This is fueled by our mission to build world-class cities and implement game-changing projects for the benefit of the Filipino people,” BCDA President and Chief Executive Officer Joshua M. Bingcang said. Engr. Bingcang expressed optimism that the BCDA will continue to sustain its revenue levels, with earnings projected to remain above Php 10 billion in 2025. He said this forecast reflected the BCDA’s continued efforts to foster strong partnerships and implement projects that fuel economic growth and infrastructure development in the country. “We are committed to continue generating strong revenues, as this will allow us to boost our support for our beneficiary agencies and stakeholders, especially our military forces,” Engr. Bingcang said. Pursuant to its mandate under Republic Act 7227 or the Bases Conversion and Development Act, the BCDA transforms former military camps into centers of economic growth, generating income through disposition proceeds from sale, lease, and joint venture, as well as concession fees and other receipts. Portions of these proceeds are remitted to the Bureau of the Treasury through dividends and contributions to the Armed Forces of the Philippines and other beneficiary agencies. A share of the earnings are also used to fund the BCDA’s infrastructure projects to help strengthen and boost the competitiveness of its economic zones.                

Cebu Pacific (PSE: CEB), the Philippines’ leading carrier, welcomed its 16th aircraft delivery this year, an A330neo, further boosting its seat capacity to accommodate rising travel demand and support its expanding network. The brand-new 459-seater aircraft arrived in Manila on December 19, bringing the current number of A330neos in CEB’s fleet to 10. “The A330neo’s versatility and efficiency are key to our goal of providing affordable and reliable travel options for every Juan. This aircraft enables us to serve high-traffic routes and long-haul destinations more effectively while optimizing seat capacity to accommodate increasing demand,” said Xander Lao, CEB President and Chief Commercial Officer. Airbus NEOs are the latest-generation aircraft that burn 15 percent less fuel per flight and produce less noise compared to the previous generation. The reduction in fuel consumption leads to a corresponding reduction in aircraft carbon emissions. On October 2, CEB announced that it has signed a landmark purchase agreement with Airbus and Pratt & Whitney, an RTX business, for up to 152 A321neo aircraft, equipped with Pratt & Whitney GTF™ engines. The acquisition is the largest in Philippine aviation history, valued at approximately USD $24 billion (PHP 1.4 trillion) based on list prices. CEB operates one of the youngest fleets in the world, with its diversified commercial fleet mix of 10 Airbus 330s, 40 Airbus 320s, 25 Airbus 321s, and 15 ATR turboprop aircraft enabling the widest network coverage in the Philippines.

As 2024 comes to a close, Department of Education (DepEd) Secretary Sonny Angara commended the Aboitiz Foundation for its continued dedication to improving Philippine education. Through programs like AuroraPH and Aboitiz Future Leaders, the Foundation has created lasting solutions to benefit students and teachers, especially in remote and underserved areas. “Aboitiz Foundation has demonstrated unwavering dedication to providing quality education for the Filipino youth, particularly in underserved and remote communities,” said Secretary Angara.  “Public-private partnerships accelerate our impact on learners and teachers. By working together, we can create enduring solutions that ensure a brighter future for Filipino children.” The AuroraPH program has exceeded its 2024 goal by energizing and connecting 11 last-mile schools to the internet through solar power, surpassing the original target of 10 schools. These solar panels provide a sustainable solution to energy and connectivity issues in remote areas. In 2025, the Foundation plans to expand AuroraPH to reach 100 more schools nationwide, helping even more students access quality education. Meanwhile, the Aboitiz Future Leaders program continues to empower the youth, currently supporting 50 college scholars in various universities across the country. For 2025, the program aims to onboard 100 more scholars, giving them access to education and brighter career opportunities. “Our partnership with DepEd drives us to create transformative programs that open pathways for Filipino youth,” said Aboitiz Foundation President Ginggay Hontiveros-Malvar. “Through AuroraPH and Aboitiz Future Leaders, we’re turning challenges into opportunities for success.” In addition to education, the Aboitiz Foundation focuses on two other pillars: Jobs and Climate Action. The flagship program under the Jobs pillar, Elevate AIDA, equips women with skills in artificial intelligence and data annotation, paving the way for meaningful job placements and income generation. Meanwhile, the Climate Action pillar highlights programs such as CarbonPH and the Wasteless Campaign, both of which emphasize environmental sustainability and resilience. CarbonPH focuses on reforestation and watershed recovery, while the Wasteless Campaign promotes recycling and sustainable practices in partnership with communities and stakeholders. The Aboitiz Foundation’s multi-pronged approach to nation-building reflects its mission to create a better and more sustainable Philippines. By supporting education, fostering job creation, and championing climate action, the Foundation aligns with national development goals and inspires collaboration across sectors. “Programs like AuroraPH and Aboitiz Future Leaders show how partnerships can drive inclusive growth and sustainable development,” added Hontiveros-Malvar. “We thank the Department of Education for its invaluable guidance and support.” The DepEd also recognized other Aboitiz Group initiatives from City Savings Bank, AboitizPower’s Therma South Inc., and Visayan Electric, for advancing education and uplifting communities across the Philippines.      

ST Telemedia Global Data Centres (STT GDC) Philippines announces the topping off of STT Fairview 1, the first building in the country’s largest carrier-neutral and sustainable data center campus. The event marked the completion of the data center’s structural framework, a milestone towards its first-phase activation by the second quarter of next year. “This achievement underscores our unwavering commitment to our promise and highlights our dedication to our valued customers, partners, and stakeholders,” said Carlo Malana, President and CEO of STT GDC Philippines. “With STT Fairview 1 nearing completion, we are eager to provide our customers with world-class, AI-ready data center solutions that set a new standard in connectivity and innovation.” The STT Fairview campus has a total design capacity of 124 MW. This new site will cater to the increasing demands of hyperscalers and AI companies in need of high power capacity, advanced cooling technologies, secure, and reliable data center services. Once fully completed, STT Fairview 1 becomes one of STT GDC Philippines’ seven data centers in the Philippines, collectively offering a design IT capacity exceeding 150 MW, and all operating on 100% renewable energy, across Metro Manila, Cavite, and Davao. The demand for advanced data centers continues to grow in the Philippines, fueled by increasing digital consumption, cloud adoption, and AI applications. As businesses embrace digital transformation, STT GDC Philippines ensures its facilities are ready to support high-performance computing and machine learning requirements. STT Fairview 1 is set to play a critical role in this evolution, reinforcing the company’s position as a trusted partner for secure, reliable, and sustainable data center services in the region.      

On the International Day of Persons with Disabilities, Senator Imee Marcos delivered a sponsorship speech advocating for her proposed amendment to the Magna Carta for Persons with Disabilities. The amendment includes a 500-peso monthly stipend for indigent individuals with severe disabilities. Senator Marcos highlighted the limitations of the existing Magna Carta, or Republic Act 7277, stating that it primarily benefits PWDs with purchasing power. “Although the Magna Carta for Disabled Persons provides numerous benefits and privileges, these are mostly enjoyed by those who, to a certain extent, have the necessary purchasing power,” she explained. She emphasized that the proposed stipend would provide much-needed relief to the most vulnerable. “The 500-peso monthly stipend is a huge help to our poverty-stricken PWDs to aid in their daily expenses,” she added. According to Marcos, the Philippine Statistics Authority (PSA) recorded 13 million PWDs in 2020. Of these, the Department of Health (DOH) identified approximately 593,911 as severely challenged individuals, who she believes should be prioritized. Marcos highlighted the importance of more efficient resource allocation to address critical needs. “If billions can be spent on flood control projects with questionable effectiveness, and medicines and food are left to spoil in storage, why can’t we allocate a portion of that to support marginalized PWDs?” she questioned.