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January 9, 2025

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INTERNATIONAL NEWS
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HOUSTON, January 9 ------ The volume of global crude exports in 2024 declined 2%, the first fall since the COVID-19 pandemic, shipping data showed, due to weak demand growth and as refinery and pipeline changes reshuffled trade routes. Global crude flows have been roiled for a second year by war in Ukraine and the Middle East, with tanker shipments rerouted and suppliers and buyers split into regions. Middle East oil exports to Europe declined and more U.S. oil and South American oil went to Europe. Russian oil that formerly went to Europe has been redirected to India and China.

 

These shifts have become more pronounced as oil refineries have shut in Europe amid continued attacks on Red Sea shipping. Middle Eastern crude exports to Europe tumbled 22% in 2024, ship tracking data from researcher Kpler showed. The shift in oil flows "is creating opportunistic alliances," said Adi Imsirovic, an energy consultant and former oil trader, citing closer relationships between Russia and India, China and Iran that are reshaping oil trade. "Oil is no longer flowing along the least cost curve, and the first consequence is tight shipping, which raises freight prices and eventually cuts into refining margins," said Imsirovic.

 

The U.S. with its surging shale production has been a winner in the global oil trade. The country exports 4 million barrels per day, boosting its share of global oil trade to 9.5%, behind Saudi Arabia and Russia. Trade routes have also been reshuffled by startup of the massive Dangote oil refinery in Nigeria, expansion of Canada's Trans Mountain pipeline to the country's west coast, falling oil output in Mexico, a brief halt in Libyan oil exports, and rising Guyana volumes.

 

In 2025, suppliers will keep grappling with falling fuel demand in major consuming centers such as China. Also, more countries will use less oil and more gas, while renewable energy will keep growing. "This kind of uncertainty and volatility is the new normal 2019 was the last 'normal' year," said Erik Broekhuizen, a marine research and consulting manager at ship brokering firm Poten & Partners.

 

FURTHER ROOM TO FALL

Changes in oil demand forecasts have pulled the rug out from historical long-term oil market growth assumptions, Broekhuizen said. "In the past, you could always say that there will be healthy long-term demand growth, and that solves a lot of problems over time. That can't really be taken for granted anymore," he said, citing weaker demand in China and Europe. China's imports fell about 3% last year with gains in electric and plug-in hybrid cars, and growing use of liquefied natural gas in its heavy trucking. In Europe, lower refining capacity and government mandates to reduce carbon have shaved crude imports by about 1%.

 

NEW SUPPLIERS, NEW ROUTES

Europe's refiners initially cut Russian imports and increased both U.S. and Middle Eastern oil purchases after Russia invaded Ukraine. Attacks on ships in the Red Sea following Israel's war on Gaza pushed up the cost of shipping from the Middle East. Refiners stepped up imports from the U.S. and Guyana to record highs. Exports from Iraq declined 82,000 bpd and United Arab Emirates exports fell 35,000 bpd in 2024. Europe added 162,000 bpd from Guyana and 60,000 bpd from the U.S. Escalating Middle East conflict around late September and fears of more sanctions from U.S. President-elect Donald Trump led to tighter supply and higher prices of Iranian oil. This prompted Chinese refiners to look at oil from West Africa and Brazil.

 

NEW REFINERIES, PIPELINES

Nigeria's new Dangote refinery consumed enough domestic supply to keep around 13% of Nigeria's crude exports in the country in 2024, up from 2% in 2023, according to Kpler. That cut Nigeria's exports to Europe, and Nigeria also imported 47,000 bpd of U.S. WTI, unusual for a major net exporter. New refining capacity ramping up in Bahrain, Oman and Iraq as well as Dos Bocas in Mexico are also likely to soak up oil production in those regions. In Canada, the expanded Trans Mountain pipeline can now ship an extra 590,000 bpd to the Pacific Coast, lifting the nation's waterborne exports to a record 550,000 bpd in 2024. This has had a ripple effect: With increased Canadian crude flowing to the U.S. West Coast, refineries in the region bought less Saudi Arabian and Latin American crude, while direct shipments from Canada to Asian countries have cut re-exports from the U.S. Gulf Coast. While China has been Canada's major buyer, the crude has also found importers in India, Japan, South Korea and Brunei and more Asian refiners are likely to purchase the oil, analysts noted. Trump's proposed 25% tariff on Canadian and Mexican crude, the top two foreign oil suppliers to the U.S., could also change oil flows in 2025, analysts said.

 

Source: reuters.com 

 

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US Congress certifies Trump election victory for Jan. 20 inauguration
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WASHINGTON, January 9 ------ The U.S. Congress formally certified Republican President-elect Donald Trump's November election victory over Democratic Vice President Kamala Harris, clearing the way for him to be sworn in on Jan. 20. The certification of the election results on Monday in the 50 states and the District of Columbia was accomplished in a brief, formal ceremony during a joint session of the House of Representatives and Senate. It was presided over by Harris, acting in her vice-presidential role as president of the Senate.

 

The quadrennial ritual stood in sharp contrast to four years ago when a mob of Trump supporters stormed the Capitol in a failed bid to block the certification of then-President Trump's 2020 loss to Democratic President Joe Biden. Trump continues to falsely claim that his 2020 defeat was the result of widespread fraud, and had warned throughout his 2024 campaign that he harbored similar concerns until his Nov. 5 defeat of Harris. "Congress certifies our great election victory today - a big moment in history. MAGA!" Trump wrote on his social media platform Truth Social on Monday. The joint session of Congress proceeded even as a winter storm hovered over the nation's capital, dropping about 6 inches (15 cm) of snow and snarling travel. The final certification backed up preliminary findings that Trump won 312 Electoral College votes to Harris's 226.

 

Republicans control White House, Congress

Republicans also captured a majority in the U.S. Senate and held a narrow edge in the House in November's election, which will give Trump the party support he needs to implement his planned agenda of tax cuts and a crackdown on immigrants living in the country illegally. Democrats did not try to block certification of Trump's victory on Monday. "We must renew our commitment to safeguarding American democracy," No. 2 House Democrat Katherine Clark said in a statement earlier in the day. "As elected leaders, our loyalty must be to the Constitution, first and always. We are here to honor the will of the people and the rule of law."

 

Security inside and outside the Capitol was heightened in preparation for the certification and was expected to remain in place through Trump's swearing-in. The Capitol grounds were ringed by metal fences hundreds of yards from the U.S. Capitol, and accessible only via checkpoints guarded by uniformed police officers. Convoys of black police vehicles were on hand, led by a 10-wheel Baltimore police mobile command center. New York Police Department reinforcements were also patrolling the area.

 

Inside, extra teams of uniformed U.S. Capitol Police officers were checking IDs at entrance sites including doors and underground tunnels leading to the House and Senate chambers. Trump has said he plans to pardon some of the more than 1,500 people charged with taking part in the Jan. 6, 2021, assault on the Capitol, when a mob fought with police, smashing its way in through windows and doors and chanting, "Hang Mike Pence," referring to Trump's then-vice president, in a failed bid to stop Congress from certifying Biden's victory. In the 2021 melee at the Capitol, rioters surged past police barricades, assaulting about 140 officers and causing more than $2.8 million in damage. Multiple police officers who battled protesters died in the weeks that followed, some by suicide. As a result of that day's violence, Congress passed legislation late in 2022 bolstering guardrails to ensure that the certification process is administered in a legal manner. Many of these changes were directly in response to Trump's actions leading up to and including Jan. 6, 2021. For example, the new law asserts that the vice president's role is largely ceremonial.

 

Source: gmanetwork.com 

 

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MARITIME NEWS
Levelling up maritime decarbonization game: Captain Arctic, a new solar sails/electric cruise ship concept
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January 9 ------ The year 2024 was marked by innovative projects in the maritime industry which witnessed the increased adoption of various wind propulsion solutions. Toward year’s end, a ‘revolutionary’ new solar sails-equipped cruise ship concept hit the headlines.

 

In late November 2024, the UAE-based engineering company Goltens hosted a keel-laying ceremony for Captain Arctic, a polar expedition vessel ordered by French ship operator Selar. The 70-meter-long cruise ship set to be equipped with photovoltaic sails is being built jointly by Goltens and Mauritius-based shipbuilder Le Chantier Naval de l’Océan Indien (CNOI). It will be classed by French classification society Bureau Veritas (BV). “We are excited and pleased to partner with Goltens on this transformative journey. This vessel is not only an investment in sustainable tourism, but also a commitment to preserving the natural wonders of our planet,” Sophie Galvagnon, Selar’s CEO and Co-founder, commented.

 

“Selar and CNOI have entrusted us to build a vessel that not only meets, but exceeds the expectations of the modern maritime industry. The project reflects our shared dedication to sustainability, innovation and a greener future for the seas,” Sandeep Seth, Goltens CEO, said. He added that Captain Arctic represents “the first of its kind” in the luxury cruise expedition vessel. “The vessel resonates and aligns with our vision and commitment for a sustainable future and providing green solutions within the maritime and other industries. Building this hull is also a first for the UAE and it aligns with the government’s vision for a sustainable future.”

 

Powered by wind and sun

Able to accommodate 36 passengers and 24 crew members onboard, the newbuilding is expected to set a new standard for environmentally responsible cruising, particularly in the fragile ecosystem of the Arctic, when delivered in 2026. Captain Arctic will rely primarily on renewable energy sources for propulsion, resulting in a 90% reduction in CO2 emissions compared to conventional ships.

 

It will harness 90% of its power from wind sails mounted with ‘advanced’ solar panels. Specifically, the 35-meter-high sails can be retracted when needed. Built to endure the harshest weather, they are made of aluminum and fitted with 2,000 square meters of solar panels. When the sails can’t harness wind, the ship will rely on two propeller shafts that produce energy and act as hydro turbines. Furthermore, Captain Arctic will be able to generate fresh water from the sea through reverse osmosis.

 

Finally, the innovative vessel concept will feature an organic heating system based on recycled wooden waste pellets and a zero-waste policy at sea aided by several specialized systems onboard.

 

Source: offshore-energy.biz

 

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China’s Shandong Port Group to Turn Away US-Sanctioned Oil Tankers
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January 9 ------ China’s state-owned Shandong Port Group has reportedly announced a new policy for 2025 blocking tankers under U.S. sanctions from using its port facilities. Reuters released an exclusive report after traders shared copies of memos from the port regarding the new ban. According to the memos shared with Reuters, Shandong Port Group “forbids ports to dock, unload or provide ship services to vessels on the Office of Foreign Assets Control list managed by the U.S. Department of State.”

 

An enforcement of the ban would mark a critical blow, especially to Iran which ships the majority of its oil to China. Last week, the NGO United Against a Nuclear Iran (UANI) cited data in its year-end report saying that Iran’s oil exports grew by 10.75 percent to 587 million barrels in 2024. China, it reported remains the largest destination and has grown its percentage of the trade receiving 533 million barrels, which UANI highlights is up 24 percent from 2023. China it said accounts for 91 percent of Iran’s total oil exports up from 83 percent in 2023. Port Group is one of the leading port companies in China with operations at Yantai, Quingdao, Rizhao, and Bohai Bay Port. According to Reuters, at least eight large crude oil tankers, all under U.S. sanctions, docked at the group’s ports in December.

 

Highlighting the significance of the oil trade to China, Li Zhi, President of Dongming Petrochemical Group Co. spoke as part of the port group’s year-end presentation. He highlighted the group’s mission of ensuring national energy security and boosting regional economic development, by accelerating the construction of a safe, efficient, and smooth crude oil artery. Its crude oil imports Li reported account for more than a third of the country's total imports, and has developed into an important global energy supply chain hub.

 

Reuters says the group told traders the ban would have a small impact because most of the oil arrives on tankers not under the sanctions. However, UANI has called for increased sanctions by the West including an expanded focus on repeat offenders receiving oil in ship-to-ship transfers. Chinese tankers have frequently been cited as receiving oil in these transfers off ports such as Singapore and Indonesia. Much of the sanctions have been targeted at the so-called shadow fleet servicing the Russian oil trade. The U.S. however has increased the sanctions on Iran in response to the instability in the Middle East and assertions that Iran is using the oil to fund its proxies including Hamas, Hezbollah, and the Houthis.

 

Analysts speculate China might have taken the move in a step as part of larger trade negotiations it hopes to have with the new Trump Administration. China is working to avoid Trump’s plans for sweeping tariffs.

 

Source: maritime-executive.com

 

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Construction begins on ‘world’s first’ oceangoing ammonia-powered vessel
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January 9 ------ South Korean shipbuilder HD Hyundai Mipo has cut the first steel for a 46,000 cbm liquefied petroleum gas (LPG) carrier which will be equipped with an ammonia dual-fuel engine.

 

The vessel will be the first of four South Korea-built ammonia-powered ships ordered by Belgian shipping company EXMAR. It is also part of a batch of six dual-fuel LPG/ammonia midsize gas carriers (MGCs) ordered by EXMAR through its joint venture with Seapeak. The ship sextet will be operated by the new entity EXMAR LPG France. The first two units were named at Hyundai Mipo on January 6, 2025.

 

Once completed, the newbuilding will feature a length of 190 meters, and a width of 30.4 meters. It will be equipped with three cargo holds capable of transporting up to 46,000 cubic meters of liquefied gas, including LPG and ammonia.

 

In particular, the ship will selectively use ammonia which does not emit any carbon dioxide when burned, as well as conventional diesel fuel. Moreover, it will be equipped with various eco-friendly technologies, such as a shaft generator that produces electricity by utilizing the rotating shaft of the propulsion engine, and a selective catalytic reduction (SCR) device.

 

In addition, a high level of safety is secured through various disaster prevention technologies such as a detection sensor that detects ammonia leaks in real-time, a water spray system that blocks external leaks at the source, and an ammonia release mitigation system.

 

Ammonia, an environmentally friendly carbon-free fuel, can be stored in pressurized tanks (about 8 bar) or low-temperature tanks (-33°C) without cryogenic technology, and when liquefied, it has a storage density 1.7 times higher than that of liquefied hydrogen (-253°C) in the same volume, making it suitable for large-scale, long-distance transportation and storage of hydrogen.

 

HD Hyundai Mipo, which delivered the ‘world’s first’ methanol-powered container carrier in 2023, plans to build the four EXMAR’s medium-sized ammonia-powered ships by 2026 and “lead the next generation of eco-friendly shipbuilding”. “Together with HD Hyundai Shipbuilding affiliates, we will focus on securing new technologies to preempt future markets by actively utilizing our long-standing design and production experience and synergies,” an official from HD Hyundai Mipo said.

 

The International Maritime Organization (IMO) agreed at the 80th Marine Environment Protection Committee (MEPC) meeting in July last year to achieve decarbonization by reducing total greenhouse gases (GHG) from ships by 70% by 2040 and 100% by 2050 compared to 2008, and ammonia, which can be commercialized quickly, is attracting attention from the shipping industry as a next-generation eco-friendly fuel.

 

Source: offshore-energy.biz

 

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PHILIPPINE NEWS
Inflation heats up to 2.9% in December
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MANILA, Philippines, January 9 ------ Inflation rose for the third straight month in December, driven by the faster uptick in housing and transport costs, but average inflation for 2024 remained within the government’s two to four percent target. National Statistician Dennis Mapa said in a press conference yesterday that headline inflation the rate of increase in average prices of consumer goods and services – accelerated to 2.9 percent in December from November’s 2.5 percent.

 

Last month’s inflation print, however, was lower than the 3.9 percent posted in December 2023. The December inflation print is also within the 2.3 to 3.1 percent forecast range of the Bangko Sentral ng Pilipinas (BSP) for the month. Mapa attributed the uptrend in December inflation mainly to the faster increase in housing, water, electricity, gas and other fuels at 2.9 percent during the month from 1.9 percent in November. Also cited as a main driver to the higher inflation in December was the transport commodity group, which posted a 0.9-percent increase during the month from a 1.2-percent decline in November.

 

Inflation for food and non-alcoholic beverages, which typically drives the uptrend in overall inflation, remained at 3.4 percent in December from the previous month. From 5.1 percent in November, rice inflation slowed to 0.8 percent in December, the lowest level since January 2022. For full-year 2024, inflation averaged 3.2 percent, lower than the six percent average in 2023. It was also within the government’s two to four percent target range.

 

The downtrend in average inflation for 2024 was primarily due to the lower average increase in food and non-alcoholic beverages at 4.4 percent last year from 7.9 percent in 2023. Also contributing to the downtrend was the lower average inflation of housing, water, electricity, gas and other fuels at 1.7 percent last year from 4.9 percent in 2023. Other commodity groups also registered lower average inflation in 2024 compared to 2023, except for education services, which posted higher inflation of 4.3 percent last year from 3.6 percent in 2023. “The 3.2 percent average inflation rate in 2024 is a significant improvement from the six percent figure in 2023. Despite the risks we encountered throughout the year, our combined efforts to temper inflation have largely been successful. We will build upon this momentum as we commit to keep the inflation rate within our target range in 2025,” National Economic and Development Authority (NEDA) Secretary Arsenio Balisacan said.

 

At its meeting last month, the Development Budget Coordination Committee announced that the government had retained its annual inflation target of two to four percent for this year up to 2028. In terms of what to expect in January, Mapa said the outlook for inflation is mixed, with prices of some goods like rice expected to slow down and others to go up. “We have an expectation that the inflation for rice will be negative in January,” he said.

 

He said vegetable prices, however, continue to increase. Amid climate risks, the NEDA said the government would continue to implement measures to ensure water and food security. “In pursuit of price stability, the BSP maintains a calibrated approach to its monetary policy easing while the relevant agencies continue to pursue measures to ensure adequate food supply and affordable prices,” Balisacan said. These measures include the expansion of the coverage of the Department of Social Welfare and Development’s projects such as the Local Adaptation to Water Access and Breaking Insufficiency through Nutritious Harvest for the Impoverished to 323 cities and municipalities across 67 provinces this year. “As we enter 2025, we remain optimistic about curbing inflation through strategic, timely and proactive measures. At the same time, we are intensifying efforts to improve productivity, encourage innovation and build resilience toward ensuring food security and protecting consumers’ purchasing power,” Balisacan said.

 

The BSP, for its part, has reaffirmed its commitment to a less restrictive monetary policy stance. “On balance, the within-target inflation outlook and well-anchored inflation expectations continue to support the BSP’s shift toward less restrictive monetary policy,” the central bank said. However, monetary authorities will continue to monitor emerging upside risks to inflation such as geopolitical factors.

 

The balance of risks to the inflation outlook also remains toward the upside due to possible upward adjustments in transport fares and electricity rates. But the impact of lower import tariffs on rice continues to be the main downside risk to inflation. On the other hand, the BSP said that domestic demand would likely remain firm, but subdued. “Private domestic spending is expected to be supported by easing inflation and improving labor market conditions. However, downside risks in the external environment could materialize and temper economic activity and market sentiment,” the central bank said.

 

Source: philstar.com

 

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DOH: hMPV is an existing virus, not a new disease
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January 9 ------ The DOH issued the statement following an upward trend in common acute respiratory infections, including Respiratory Syncytial Virus (RSV) and hMPV, as reported by the World Health Organization (WHO) in its Disease Outbreak News.

 

Citing the WHO, the DOH noted that this "upward trend" is expected during the winter season in China and other countries in the Northern Hemisphere. "Chinese authorities have also clarified to the WHO that the Chinese healthcare system is not overwhelmed and that no emergency declarations or responses have been triggered," the DOH said.

 

The DOH emphasized that hMPV is not a "new disease." "It was discovered in 2001 by Dutch researchers in nasopharyngeal aspirate samples from children with respiratory infections caused by unknown pathogens," the DOH explained. "hMPV is not a new virus," DOH Secretary Teodoro J. Herbosa said. "We have been able to identify it for a long time," he added. Herbosa noted that the symptoms of hMPV are "not severe." "Like the common cough and cold, it heals on its own as long as our resistance is strong," he said.

 

The DOH explained that in the Philippines, hMPV is tested as part of Panel 2 (expanded panel) for specimens that test negative on Panel 1 (for Influenza, SARS-CoV-2, and RSV). This testing is conducted as part of the country's Influenza-Like Illness (ILI) and Severe Acute Respiratory Illness (SARI) surveillance programs. According to the DOH, hMPV ranked 6th among the identified causative agents of ILI in the Philippines in 2024. Data from Jan. 1 to Dec. 21, 2024, showed that 284 out of 4,921 samples (5.8 percent) tested positive for hMPV. More recently, from Dec. 1 to 21, 2024, 10 out of 339 samples (2.9 percent) tested positive. "hMPV is being detected sporadically, with no unusual clustering or patterns throughout the year," the DOH stated.

 

Most individuals infected with hMPV experience mild upper respiratory symptoms, including cough, fever, nasal congestion, and wheezing. Rare severe cases can lead to bronchitis or pneumonia, particularly in infants, the elderly, and immunocompromised individuals. The DOH noted that people with pre-existing lung conditions, such as asthma, Chronic Obstructive Pulmonary Disease (COPD), or emphysema, are at a higher risk of severe outcomes.

 

Meanwhile, the DOH reported that its Influenza-Like Illness (ILI) Surveillance System logged a total of 179,227 cases as of Dec. 31, 2024. This is 17 percent lower than the 216,786 cases recorded in 2023. "This decrease may be attributed to better health-seeking behaviors, practices, and improved preparations by the health sector," the DOH said. ILI is characterized by cough, colds, and fever. It is commonly caused by respiratory viruses, with Rhinovirus (1,257 out of 4,921 or 25.5 percent of positive samples), Enterovirus (1,140 out of 4,921 or 23.2 percent), Influenza A (1,072 out of 4,921 or 21.8 percent), RSV (560 out of 4,921 or 11.4 percent), and Adenovirus (527 out of 4,921 or 10.7 percent) being the top five causative agents in the Philippines.

 

The DOH encouraged the public to practice respiratory etiquette, such as covering coughs with elbows, staying home when experiencing symptoms like cough, cold, or fever, and frequently washing hands with soap and water as the cooler northeast monsoon, or "amihan" season, persists. The DOH highlighted that the "amihan" season can lead to an "increase in respiratory conditions, such as allergies or respiratory infections."

 

The DOH reminded the public, especially the young, immunocompromised, and elderly, to take precautions, including frequent handwashing, avoiding crowded places when possible, and maintaining a healthy diet. Those at high risk or experiencing complicated symptoms were urged to seek medical care promptly. Herbosa stressed the importance of boosting the immune system during the "amihan" season. "Remember TED — Tamang pagkain (proper diet), Exercise, and Discipline in caring for the body to strengthen resistance and avoid diseases," Herbosa stressed. "When sick, just stay home. Wash your hands frequently with soap and water or use alcohol," he said. "Facemasks remain voluntary but are advisable for those with symptoms or those who want to avoid airborne illnesses," he added.

 

Source: mb.com.ph

 

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All set for ‘Traslacion’ 2025 – OCD
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January 9 ------ Security measures are in place to ensure a peaceful, safe, and orderly conduct of this year’s Feast of Jesus Nazareno, including the highly anticipated “Traslacion” or the procession of the revered image of Jesus Nazareno from Quirino Grandstand to Quiapo Church in Manila today.

 

The Office of Civil Defense (OCD) reaffirmed its commitment to the success of the said Catholic religious festival, which is expected to draw an estimate of six million devotees. OCD National Capital Region (NCR) Director George F. Keyser visited key sites to make sure that on duty personnel are prepared to assist the devotees, including the Manila Disaster Risk Reduction and Management Office (DRRMO) Emergency Operations Center (EOC), the Kartilya ng Katipunan which will serve as the Regional Incident Management Team Incident Command Post, the Quiapo Multi-Agency Command Center (MACC), and the Quirino Grandstand where the procession will begin.

 

A critical aspect of the preparation, according to the OCD, is the establishment of a virtual Emergency Operations Center. “This initiative aims to facilitate real-time communication and swift coordination among response clusters and local government units, ensuring that information flows efficiently across all agencies involved,” Keyser said. He noted that real-time updates of the procession will be relayed to various government agencies tasked to keep the event safe through the Regional Incident Management Team, while the virtual EOC will remain operational until Jan. 10.

 

In addition, the OCD said that the Manila Police District (MPD) has announced a cell signal interruption starting at 4 a.m. on Jan. 9, which will last until the “andas” or carriage reaches Quiapo Church. A no-sail zone will also be enforced until Jan. 10 alongside a ban on private drone flights. Meanwhile, the Philippine Coast Guard (PCG) deployed 1,128 frontline personnel to assist the Philippine National Police (PNP) and other law enforcement agencies in securing the Traslacion. Among those deployed for the Traslacion are a highly specialized team of search and rescue operators, divers, K-9 handlers with their working dogs, Explosive Ordnance Disposal (EOD) teams, law enforcement officers, and medical teams.

 

The PCG said the frontline personnel will be stationed across key bridges along the Pasig River such as the Ayala Bridge, Quezon Bridge, McArthur Bridge, Jones Bridge, and Binondo-Intramuros Bridge, ensuring a comprehensive response to any emergencies or security concerns. The PCG also dispatched 21 floating assets that will conduct maritime security and safety operations in the vicinity waters of Pasig River and Manila Bay, as well as nine land vehicles that will perform roving inspections in the city of Manila.

 

Additional personnel from various PCG units including K9 Teams, Special Operations Unit (SOU) divers, Special Operations Force (SOF), Coast Guard Anti-Terrorism Unit (CGATU), Coast Guard Medical Teams and Coast Guard District National Capital Region - Central Luzon (CGDNCR-CL) will be on standby to render necessary support. “The PCG urges all participants to cooperate with the authorities, adhere to safety protocols, and remain vigilant to ensuring a peaceful and secure celebration of the Feast of the Black Nazarene to ensure the safety and security of the million devotees for the celebration of annual feast of the Black Nazarene,” PCG spokesperson Commodore Algier Ricafrente said.

 

Source: mb.com.ph

 

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PH Navy: Drone found off Masbate possibly launched by surface ship
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MANILA, January 9 ------ The submersible drone recovered off Masbate province last month could have been launched by a surface ship, a Philippine Navy (PN) official said. "Based on the physical description of the equipment, of the item which I have seen, the absence of any attachments for airdrop capability would rule out an air launch platform. Since the wings are not foldable, then we could rule out a submarine launch method for this. So most likely, this was launched from a mothership, a mother craft. It is not large enough to travel far distances. Kailangan ito ng isang mother ship," PN spokesperson for the West Philippine Sea (WPS) Rear Adm. Roy Vincent Trinidad said in a press briefing in Camp Aguinaldo, Quezon City.

 

Trinidad described the drone recovered by fisherfolk last Dec. 30 in the waters of San Pascual town as "bright yellow in color, 3.5 meters in length, 24 centimeters in diameter and weighs 94 kilograms." "The color itself would tell us that these are designed to be seen from the air, hence to be recovered. Red, yellow, bright orange. Mostly, these are commercially available," he added. Meanwhile, Trinidad lauded the fisherfolk who recovered the submersible drone last week. "To our fisherfolk, we would like to commend them. I mentioned they are an indispensable part of the whole-of-nation, whole-of-society effort to secure and protect our maritime domain," he added.

 

Probe of drone's origin

In a related development, PN spokesperson Commander John Percie Alcos said the forensic investigation to determine the origin of the submersible drone will take six to eight weeks. "The object has been turned over to the PN on Dec. 31 and a six to eight-week forensic analysis is ongoing to determine its origin, its purpose, and technical specifications. The analysis will examine the object's physical structure, electronic components, power source and any possible stored data," he added.

 

Alcos said that "while initial observation suggests that it may be a submersible used for scientific research or fish tracking, alternative perspectives point to possible military applications." "Further updates will be provided as the forensic analysis progresses. Rest assured that your Philippine Navy remains steadfast in ensuring public safety, responding to emergencies and safeguarding our nation's interest," he added.

 

Source: pna.gov.ph

 

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Palace concerned over presence of Chinese ‘monster ship’
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MANILA, Philippines, January 9 ------ Malacañang expressed concern over the presence of what has been described as a Chinese “monster ship” off the province of Zambales, even as it gave assurance that the latest intrusion into the West Philippine Sea is continuously being challenged.

 

The China Coast Guard (CCG) ship, first seen off the coast of Capones Island in Zambales, is equipped with anti-aircraft guns and fuel storage capacities and is bigger than a US Navy destroyer, according to a Bloomberg report. The 12,000-ton CCG-5901 reportedly arrived near the Panatag (Scarborough) Shoal this month. “We view it with concern,” Executive Secretary Lucas Bersamin said when asked to react to the presence of the massive Chinese vessel in the West Philippine Sea. “So far we have been challenging the presence of that monster ship. Our Coast Guard has always been very alert in following the presence of that monster ship. It keeps appearing and it is within our exclusive economic zone, so it is being challenged,” he said.

 

Bersamin said China also countered the challenges but no confrontation has taken place. “So, the issue here is about projection, but I’m not going to say anything more because that’s a matter of operation,” the executive secretary said. According to Bersamin, the Philippines has been filing protests or demarche against intrusions in the West Philippine Sea. A vice ministerial level conference is being hosted alternately by Manila and Beijing to address the dispute peacefully, he added.

 

The Philippine Coast Guard (PCG) said on Monday evening they are closely monitoring the illegal presence of the largest China Coast Guard vessel CCG-5901 within the waters off Zambales. According to PCG spokesman for the West Philippine Sea Commodore Jay Tarriela, the PCG’s BRP Cabra has been tracking the movements of the CCG vessel, which are described as “erratic and inconsistent” with innocent passage. “Observations reveal that the CCG vessel’s erratic movements indicate it is not engaged in innocent passage but rather asserts that it is conducting a law enforcement operation, claiming jurisdiction over these waters as belonging to the People’s Republic of China,” Tarriela said in a statement on X.

 

In response, the BRP Cabra crew has been steadfast in challenging the CCG vessel’s presence. PCG personnel, Tarriela said, have been actively shadowing the vessel to assert the Philippines’ sovereign rights over its EEZ. Commandant Admiral Ronnie Gil Gavan reiterated the PCG’s commitment to safeguarding the country’s maritime domain. The PCG last Jan. 4 detected China’s vessel 54 nautical miles off Capones Island, Zambales using advanced monitoring systems. They deployed assets to confirm and challenge the vessel’s presence, which later moved westward.

 

Source: philstar.com

 

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Condominium rental prices lowest in 15 years
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MANILA, January 9 ------ A property specialist urged Filipinos to take advantage of falling condominium rent prices this 2025 amid an oversupply crisis in Metro Manila.

 

In an interview with ABS-CBN News, Leechiu Property Consultants (LPC) CEO David Leechiu said rental rates for mid-market condo units have already dropped to their lowest in about 15 years. He expects this downward trend to continue this year, particularly in the Manila Bay area, Alabang, and Makati where the exit of Philippine Offshore Gaming Operators (POGO) have resulted in a lot of vacancies.

 

Leechiu also noted that renting is more preferrable than buying, even if recent data by the Bangko Sentral ng Pilipinas (BSP) report also showed a decline in housing prices, including condo units, in the National Capital Region. “Yung bagsak ng presyo sa rental prices is so big compared to the capital values. If you want to buy units right now, the discounts are probably 10, 20, 30 percent of the purchase price. The rents are discounted at 50 to 60 percent,” said Leechiu.

 

He said renting allows people, particularly those in the middle class, to save more money which they could invest in something else. “Ang tawag doon is free capital. The money you could’ve put buying and borrowing money, you could use that to grow a business or invest in the stock market,” he said.

 

Apart from money, Leechiu added that it would also save a lot more time, especially if people are able to find a unit that is closer to where they work or where they study. “Instead of you staying 2 to 3 hours a day, 4 hours a day in traffic, you can do much more. You can spend more time with your children, you can spend more time with your loved ones, you can spend more time with your girlfriend and boyfriend, you can work out, you can sleep in… You can do many things for yourself instead of sitting in traffic,” he said.

 

According to LPC’s estimate, it would take 34 months or about three years before the current supply of condo units is taken up. While some are more pessimistic and projecting that it would take longer, Leechiu said the oversupply issue is “temporary” and is “a very simple problem to solve”. He said there are also no signs that developers or unit owners are distressed. “Hindi siya structural, fundamental crisis. We just built too much residential space as we also did in the office space. But parang baha yan e. Over time, bababa yung tubig,” he said. “Ang distressed situation is banks are closing, companies are closing and because of this massive event, nag-aalisin yung mga tao, nagkakaroon ng massive unemployment and then magkakaroon ng 50 percent, 60 percent off sa presyo. But you’re not seeing that eh,” he added.

 

Meanwhile, Rizal Commercial Banking Corp. Chief Economist Michael Ricafort believes the string of interest rate cuts by the BSP would also help boost demand for the property sector. “Bababa yung borrowing cost, mas mae-engganyo lalo na humiram yung mga tao para bumili ng mga bahay mapa-condo yan, mapa-house and lot, or single detached or town house,” said Ricafort. He also does not see too long of a lag time for these rate cuts to take effect. “Yung pricing ng mga loans, competitive yan eh. Pagka nagcut ng rates yung central bank, sunod kagad yung mga bangko,” he said.

 

As it is, Ricafort said there has already been a healthy correction in home prices, especially for condo units in Metro Manila. “From 2016 to 2020, masyadong malaki rin yung price appreciation ng mga property lalo na when the time na dumami yung POGO. At some point, umabot yan ng 300,000 POGO expats. Nag-pullout sila, so yung supply dumami, yung mga iniwanan nila, so bumaba yung presyo, rental rates,” he said.

 

But Ricafort also acknowledged that even with the correction, these condo units— particularly those in prime locations, may still not be affordable for many Filipinos. “Halimbawa, kung yung ibang mga expat naman sa ibang industriya other than POGO, yung mga sa multinational companies, yung mga nagreretire dito, yung ibang foreign investors, sila yung maaaring magtake up noon… Pero yung mga sa Filipinos, siyempre e hindi naman sila pwedeng makipagsabayan doon,” he said.

 

Source: news.abs-cbn.com

 

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Japan city donates to Philippines typhoon victims
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MANILA, Philippines, January 9 ------ The Japanese city of Minato donated 1.6 million Japanese yen to support the victims of recent typhoons that affected the Philippines.

 

In a symbolic turnover ceremony at the Philippine embassy in Tokyo, Minato City Mayor Ai Seike and Minato City Assembly vice chairman Jun Shichinohe announced the support, which is equivalent to around P591,000, extended to typhoon victims. Philippine Ambassador to Japan Mylene Garcia-Albano received the officials, who conveyed their heartfelt condolences and sympathies to the individuals and communities impacted by the six successive typhoons that struck the Philippines between October and November 2024.

 

Albano expressed gratitude for Minato City’s support and assistance to the embassy and the Filipino people. She noted that while the number of casualties from the recent typhoons was fortunately lower compared to previous major storms, the destructive effects remained significant, particularly in the Bicol Region and parts of Central Visayas. Albano assured the donors that the donation would be allocated to aid victims and support reconstruction efforts in these areas. “The solidarity and compassion shown by the residents of Minato City are a source of hope and strength for those affected by these natural calamities. We are deeply grateful for Minato’s generous contribution to their recovery and rebuilding efforts,” the ambassador said.

 

In a span of one month, Typhoons Kristine (international name Trami), Leon (Kong-Rey) Marce (Yinxing), Nika (Toraji), Ofel (Usagi) and Pepito (Man-yi) ravaged different parts of northern and central Philippines, leaving more than 150 people dead and around 600,000 displaced. While the Philippines experiences an average of 20 typhoons annually, such a concentration of destructive storms within a short period is a rare occurrence.

 

One of Tokyo’s 23 component cities, Minato hosts numerous diplomatic missions, including the Philippine embassy. Through the Office of the Mayor and the City Assembly, the people of Minato City extended past assistance to the Philippines in the aftermath of Typhoon Ondoy (international name Ketsana, 2009), Typhoon Lando (Koppu, 2015), Typhoon Vinta (Tembin, 2017) and Typhoon Odette (Rai, 2022).

 

Source: philstar.com

 

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Over 6M Filipinos in crisis assisted by DSWD in 2024
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MANILA, January 9 ------ The Department of Social Welfare and Development (DSWD) provided aid to more than 6 million Filipinos facing difficult circumstances through its Assistance to Individuals in Crisis Situation (AICS) program from January to November 2024.

 

In a report on Monday, DSWD Assistant Secretary Irene Dumlao said the number of clients served under the AICS is more than the program’s 2024 annual total target of 4,254,440 beneficiaries. “In 2023, we had an annual target of over one million for AICS but eventually the DSWD made some adjustments because we served four times the said number. For 2024, we raised it up to 4.2 million, and surpassed it again as we really strived to help as many people as we can within the bounds of our allotted budget,” Dumlao said.

 

The bulk of the beneficiaries served were from the National Capital Region with more than 820,000 individuals provided with assistance. “Under the menu of our AICS program, beneficiaries were provided with different interventions, including medical, food, cash, burial/funeral, and transportation, as well as psychosocial support, among others,” Dumlao said. The DSWD spokesperson pointed out that food assistance, followed by medical aid, and psychosocial support, were the most-sought after services under the AICS. “All clients were assessed by our social workers who determine the types of assistance that best correspond to their needs,” she said.

 

Additonally, she said more than 190,000 individuals received services from different Malasakit Centers around the country. The Malasakit Center is a one-stop-shop located in various hospitals of the Department of Health, the Philippine General Hospital and other public hospitals nationwide where indigent patients as well as those who are financially incapacitated can access medical and cash aid from various government agencies such as the DSWD, Philippine Health Insurance Corporation and Philippine Charity Sweepstakes Office. Dumlao reiterated that the agency would continue to sustain the protective services so that many Filipinos in need will be assisted, as envisioned by the administration of President Ferdinand R. Marcos Jr.

 

Over 1K trafficked persons aided

Meanwhile, Dumlao reported that 1,560 trafficked persons were provided with a comprehensive package of services in 2024 for their recovery and reintegration into their families and communities. She said the victim-survivors received interventions and assistance to ensure their psychosocial, social, and economic needs through the DSWD’s Recovery and Reintegration Program for Trafficked Persons (RRPTP).

 

Services under the RRPTP include case management that analyze the challenges faced by victim-survivors and identify the needed interventions, and the provision of basic hygiene kit, food and financial assistance while awaiting employment or undergoing training. Educational and medical assistance are also extended to the victim-survivors while referral to potential employers or business partners are still underway. “We also provide trainings, auxiliary services for victim-survivors and witnesses in ongoing cases, and temporary shelter through the DSWD’s center and residential care facilities,” Dumlao said.

 

She said cases of trafficking in persons include forced labor, sexual exploitation, prostitution, illegal recruitment, child trafficking, and repatriation. “As the co-chair of the Inter-Agency Council Against Trafficking and the lead agency in social protection, we reaffirm our commitment to protect the victim-survivors of trafficking and any kind of abuse. We condemn any act of violence,” Dumlao said.

 

Source: pna.gov.ph

 

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ENTERTAINMENT NEWS
Filipino celebs who are devotees of Jesus Nazareno
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January 9 ------ Every January, hundreds of thousands of people from various backgrounds gather to see the statue of Jesus Christ. These devotees share how the Nazareno has transformed their lives. Among the devotees are several well-known celebrities from the entertainment industry. As the image of Jesus Nazareno celebrates its 419th year, these celebrities, each with their unique stories of devotion, provide insight into how the Nazareno has influenced their lives.

 

Angeline Quinto

Spending her childhood life in the bustling streets of Sampaloc, Manila, Kapamilya actress-singer Angeline Quinto, 35, grew up with the tradition of participating by carrying an image of Jesus Nazareno during the procession to Quiapo Church together with her adoptive mother, Sylvia Quinto, whom she lovingly calls Mama Bob. “Nag-start siya kasi lumaki po ako sa Sampaloc. Ang Mama Bob ko at yung buong street namin sa Marzan, may imahe po kami na every year dinadala sa Quiapo Church,” Angeline recalled in an interview.

 

Through her devotion and prayers, Angeline won in 2011 on ABS-CBN’s “Star Power: Search for the Next Female Pop Superstar,” marking her beautiful journey through singing. "Every Friday and Sunday, andoon po ako sa Quiapo nagdadasal. Bago ako sumali sa Star Power, dasal ko talaga magkaroon ng regular na trabaho sa pagkanta. Nag-try lang ako, hindi ko in-expect na magtutuloy-tuloy. Alam ko po na galing sa Kanya,” she shared.

 

Coco Martin

Coco Martin, 43, also known as the real-life "Batang Quiapo" is another example of the Jesus Nazareno devotee. Since 2007, Coco has been actively participating in the procession of Jesus Nazareno asking for guidance and blessings. As a testament to his never-ending devotion, Coco was blessed with blessings and recognition when he started to make a name in the Entertainment industry. It can be recalled that during the last Jesus Nazareno celebration, Coco did an actual scene at the parade filming for his series "FPJ's Ang Batang Quiapo." "Walang hanggang pasasalamat sa Poong Jesus Nazareno sa lubos na biyaya, pagmamahal, at paggabay sa akin at sa aking pamilya. Higit pa sa hiniling ko ang binigay Niyo sa akin" Coco wrote on his Instagram post.

 

Sam Versoza

Growing up on the streets of Sampaloc, Sam Versoza is affectionately referred to as "Batang Sampaloc" in his hometown. Since the Feast of the Jesus Nazarene is widely observed annually throughout the City of Manila, it was nothing new to him. It was in 2009 when he first participated in the procession of the Jesus Nazareno. Since then, Sam worked hard to give his family the life they deserve, and his prayers and wishes were miraculously answered and granted to him. Sam is known as one of the co-founders of a successful marketing company in the Philippines, he also dabbles in giving back to his community by having community outreach programs. As part of his devotion, Sam walked along the streets of Manila barefoot along with the other devotees. One of his biggest influences for his unwavering faith in the Lord was his late father, Samuel Verzosa Sr.

 

McCoy De Leon

Actor Mccoy De Leon, 29, is another devotee of the Jesus Nazareno who actively participates with his family. Being a devotee for a long time, McCoy was also blessed with a good career in showbiz, and building a family with Elise Joson. As a passed-down tradition, McCoy introduced the tradition to his daughter Felize with the chant, "Viva Nazareno!” On Instagram, De Leon shared his heartfelt gratitude: "Nasaan na siya (Poong Nazareno)? "Yan ang linya lagi para makita mo siya at nung oras na nakita ko siya't mahawakan ulit matapos ng maraming taon, wala ako masabi kundi "Salamat Poong Nazareno". Tanging nasa isip ko lang nung kaharap ko siya ang mga mahal ko sa buhay at ang pamilya ko." Sa mga kapatid ko na deboto saludo ako sa tindi ng pananampalataya niyo walang nagbabago. Viva Poong Nazareno!

 

Renee Salud

Renee Salud, 77, a seasoned fashion designer, attributes his perseverance and ultimate success in life to his faith in the Jesus Nazareno. “Parang may feeling ka na nandiyan Siya palagi at ibibigay Niya sa’yo,” Salud said, recalling how he would visit Quiapo Church every Friday to give thanks. Rene also recalled how he used to go to Quiapo Church on his knees as a gesture of faith and devotion.

 

Giselle Sanchez

Comedienne-host Giselle Sanchez, 49, has been a devotee of Jesus Nazareno for more than 15 years. She recalled in an interview with TV5, Giselle said that she was an accidental devotee at first. "Parang pumasok ang Holy Spirit sa akin. Nakaramdam ako ng kagalingan,” Giselle said. In a 2016 interview, Sanchez said she recovered from an illness after praying to Jesus Nazareno in 2009.

 

Noli De Castro

Veteran news anchor Noli de Castro, 75, believes that the Jesus Nazareno intentionally guided him on his journey of faith. Since his college days, Noli had a habit of making a quick trip to Quiapo Church and saying his prayers. Every year during the Traslacion, he actively participated in the procession, carrying the image of the Nazareno and offering prayers for his intentions. Although he rarely joins the precession on the past event, Noli has another of showing his devotion and this reporting the live happenings of the parade at the Quiapo Church.

 

Source: mb.com.ph 

 

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Maki on being a voice for the Gen Z
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MANILA, Philippines, January 9 ------ Dilaw hitmaker Maki believes that his authenticity as a singer-songwriter is the reason why his songs strongly resonate with the Gen Z. “Maybe mostly because I’m very authentic in writing my songs. I think yun yung pinaka-nagpapakita sa kanila that they can relate to my songs. And I’m just really glad that I’m not alone sa mga sinusulat ko,” he told The STAR in an interview. “A lot of them made me feel like in the new generation of OPM, it’s a huge thing. It’s like the new generation is rooting for you. In the coming years, I couldn’t imagine that they would still remember me but I’m just really glad that you know I’m being part of their lives, now that they are teenagers,” he mused. He hoped that even when they get old, this generation would still remember him.

 

Following the successful release of Dilaw, he went on to churn out other hits, such as Namumula, Bughaw, and other tracks. Maki further described how each ditty differs from one another. He shared, “Dilaw is about self-love. Namumula is about an intense love and now this one (Bughaw) is a kind of love that you give to your friends. It’s like when you think of the color blue, it’s sad. “But for some reason, this song makes you feel calm and happy, and gives you peace of mind. Just like yung peace na binibigay sa atin ng sea and the sky, when it’s blue.”

 

Apart from his music and the message of inspiration that it conveys to the listeners, Maki wants to express his principles and values in life. “In today’s generation, andaming nagtuturo sa atin and andaming nag-i-influence sa atin, like social media. And I just want to be really that kind of person, that kind of artist who gives a message and statement when it comes to my music,” he said. And just like the sentiment of his song Dilaw, he wants to spread a heartwarming feeling to his fans. “I want to give my audience and my fans the kind of mindset that I have, wherein like Dilaw, you’re not alone and we can be our own ‘dilaw.’ My songs are very, very relatable.” Moreover, the Kapamilya crooner revealed having a point in his career where he “conformed” to the music norm. It happened in one of his auditions. “I’m trying to be someone that I’m not,” he recalled. “And well, it’s about time that we release ourselves to our best version. Hindi kasi magkakaroon ng best version if you’re not real. “So I’m trying to water the seed, kung ano ako, kung anong meron ako, kung nasaan ako, yun yung pinapalago ko. It’s tough to last in this industry if you’re not real. So this is me. Pero malay niyo bad boy concept, next time,” he quipped.

 

BINI Maloi showed up at his Manila concert and joined him in performing Dilaw. During the interview, he also recalled meeting Maloi when he opened the act for BINI at a mall show. He requested Maloi to teach him the dance moves for Feel Good which the latter did. “We clicked right away. We talked about our dreams na parang someday alam ko ang BINI magkakaroon sila ng moment (like this) kasi grabe sila, sa backstage, they really helped each other. They are very supportive and to other artists as well like me. “Maloi also told me that someday darating din tayo dun and now we are here. They celebrated their concert and I’m doing mine.” He was thrilled that Maloi was there for him at his show and they had a moment together. “Dilaw would not be complete kung wala si Maloi. So grabe talaga yung love ko for Maloi and BINI.”

 

Source: philstar.com 

 

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‘Hello, Love, Again’ is coming to Taiwan theaters this January!
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January 9 ------ Filipinos in Taiwan, here is your chance to watch Hello, Love, Again! On social media, GMA Pictures announced that the Alden Richards and Kathryn Bernardo-starrer will be screened in Taiwan theaters starting January 10.

 

The screening schedule in cinemas has yet to be announced. "Hello, Love, Again" premiered in Philippine cinemas in November and internationally soon after. The film is now the highest-grossing Filipino film of all time, surpassing P1 billion in gross sales. "Hello, Love, Again” is a sequel to the 2019 film "Hello, Love, Goodbye." It is set in Canada five years after the main characters, Joy and Ethan, parted ways in Hong Kong.

 

Source: gmanetwork.com 

 

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SPORTS NEWS
Adebayo leads Heat past Warriors to snap three-game skid
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SAN FRANCISCO, January 9 ------ Bam Adebayo had 19 points, nine rebounds and five assists with two timely dunks down the stretch, and the Miami Heat snapped a three-game losing streak by beating the Golden State Warriors, 114-98. Stephen Curry scored 31 points, Trayce Jackson-Davis added 19, and Draymond Green contributed seven points, 10 rebounds and 10 assists. The Warriors were booed by the home crowd, and many frustrated fans headed out of Chase Center early for a second straight game.

 

Nikola Jovic hit consecutive baseline 3s midway through the fourth on the way to 20 points and Jaime Jaquez Jr. scored 18 as Miami won in a road back-to-back after a 123-118 double-overtime defeat Monday at Sacramento. Buddy Hield had 11 points, eight rebounds and five assists off the bench for a Warriors team that took a 30-point pounding by the Kings on Sunday. Jimmy Butler sat out the third game of his seven-game suspension for conduct detrimental to the team. Brandin Podziemski missed his fifth straight game with right abdominal tightness and Gary Payton II sat out a seventh in a row with a strained left calf he injured Christmas Day against the Lakers. Coach Steve Kerr expects both guards to go on the upcoming four-game trip and be back playing.

 

Meanwhile in Salt Lake City, SALT LAKE CITY (AP) — Trae Young hit a buzzer-beating 3-pointer from beyond the halfcourt line to give the Atlanta Hawks a 124-121 victory over the Utah Jazz. Young took an inbounds pass, dribbled to just short of halfcourt and hit the 49-foot winner as time expired while being loosely guarded by Collin Sexton, who had seemingly forced overtime with a tying 3-pointer with four seconds remaining. Young finished with 24 points and 20 assists. Dyson Daniels added 16 points, seven assists, and six rebounds for the Hawks, who snapped a three-game skid. Clint Capela scored 18 points and De’Andre Hunter 17.

 

Lauri Markkanen made a season-high eight 3-pointers and scored a season-best 35 points for Utah. Sexton added 24 points and Walker Kessler finished with 21 points and 10 rebounds. Utah scored on five straight possessions and took a 114-113 lead on back-to-back dunks from Kessler. Young hit a step-back 3-pointer to put Atlanta back in front, and fed De’Andre Hunter for another go-ahead 3 with 1:57 left.

 

In New Orleans, Anthony Edwards highlighted a 32-point performance with seven 3-pointers, and the Minnesota Timberwolves beat the Pelicans, 104-97, to take some luster off of Zion Williamson’s return from a 27-game absence. Williamson, who’d been sidelined by a left hamstring strain, had 22 points, six rebounds, four assists, three steals and a block in 27 minutes in his seventh game this season.

 

In Dallas, Quinten Grimes had 26 points, nine rebounds and six assists as the Mavericks snapped a five-game skid with a 118-97 win over the Los Angeles Lakers. Grimes matched his career high with six 3-pointers on 6-for-11 shooting. P.J. Washington shot 9 for 14 and finished with 22 points and eight rebounds for the Mavs, who shot 52% (18 of 38) from the field.

 

In Charlotte, LaMelo Ball had 32 points and 10 rebounds, Miles Bridges added 21 points and the Hornets snapped a 10-game losing streak with a 115-104 win over the Phoenix Suns. Nick Richards added 15 points and 12 rebounds off the bench for Charlotte (8-27). Devin Booker had 39 points and 10 assists and Kevin Durant added 26 points for the Suns (16-19), who’ve lost five of their last six.

 

In Washington, Jalen Green scored 22 of his 29 points in the third quarter and the Houston Rockets routed the short-handed Washington Wizards, 135-112. Alperen Sengun added 26 points and 10 rebounds, Amen Thompson scored 20 points and grabbed 15 boards, and Fred VanVleet had 19 points as the Rockets improved to 6-1 on the road against Eastern Conference opponents.

 

Source: mb.com.ph

 

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Tolentino, Bolick, Oftana, Heading crowd Fajardo in BPC race
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January 9 ------ ARVIN Tolentino and Robert Bolick get another shot at toppling June Mar Fajardo as the trio lead the race for the PBA Commissioner’s Cup Best Player of the Conference award. Both Tolentino and Bolick are lurking behind the eight-time MVP in the latest statistical points standings released by the league coming off the holiday break.

 

The 6-foot-10 Fajardo is again on top of the race with a 44.8sps built on averages of 19.8 points, 4.5 assists, and a league-best 17.3 rebounds for the defending champions. Fajardo has the most number of BPC awards won in league history with 10, the recent of which came in the season-opening Governors’ Cup where he beat Tolentino and Bolick for the conference’s highest individual honor.

 

Tolentino is just behind Fajardo at No. 2 with 40.8sps, while Bolick follows at third with 37.6sps. The Northport forward leads the league in scoring with 24.7 points, 8.0 rebounds, 3.3 assists, 1.0 steals, and 1.1 block shots in guiding the Batang Pier on top of the standings with a 6-1 record. Bolick continues to be the league’s top assists man with an average of 7.9 per game. In terms of points, the NLEX gunner averaged 24.1 while adding 3.1 rebounds, and 1.1 steals.

 

Calvin Oftana of TNT ranks fourth with 34.3sps (21.8 points, 7.3 rebounds, and 2.0 assists), and Converge shooting guard Jordan Heading is the only rookie to make it in the Top 10 list at No. 5 with 33.1sps (17.1 points, 4.3 rebounds, 6.8 assists). Another Northport player in Joshua Munzon is also making a case for himself by landing at No. 6 with 32.9sps, highlighted by his league-best 2.4 steals, followed by Meralco’s Chris Newsome (32.6sps) and Converge guard Alec Stockton (31.4sps). Two-time BPC winner Scottie Thompson of Barangay Ginebra (29.5sps) occupies the No. 9 spot and Leonard Santillan of Rain or Shine lies in 10th place (27.8sps).

 

Source: spin.ph

 

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Philippines sports mourns death of SEAG gold medalist
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MANILA, Philippines, January 9 ------ Philippine sports was in a state of shock after Southeast Asian Games double gold medalist Mervin Guarte of obstacle racing and athletics suffered a tragic death in his hometown in Calapan, Oriental Mindoro. “We are still in shock, very sad,” said Philippine Obstacle Sports Federation president Atty. Alberto Agra.

 

According to police reports, a still unidentified assailant stabbed Guarte in the chest as the latter slept at around 4:30 a.m. inside the residence of his friend, Barangay Camilmil Councilor Dante Abel. It was a gruesome death to an athlete who brought honor to the country with SEA Games gold medals in obstacle racing in 2019 and in athletics in 2023. “RIP boss Meg. Nakakabigla, malungkot kami mga national athletes na kasamahan mo sa nangyari,” said two-time Olympic medalist Nesthy Petecio. “Rest in peace, Meg,” said Eumir Marcial, another Olympic medal winner.

 

“Mourning for one of the medalist athletes from PATAFA (athletics) to obstacle for his untimely demise,” POC president Abraham Tolentino said. “May his soul rest in peace. What a tragedy,” said world No. 4 pole vaulter EJ Obiena.

 

Source: philstar.com

 

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FEATURED ARTICLE
3 Top Financial Resolutions for the New Year — and How to Stay on Track
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The start of the New Year is an inspirational time. The calendar resets along with the resolve to be better and do better at reaching our goals than we achieved in the year prior. Fidelity Investments’ 2025 New Year Financial Resolutions Study, which surveyed more than 3,000 U.S. adults, found that 65% of respondents considered a financial resolution in 2025.

 

Of those who said they plan on setting a financial resolution, the top three resolutions cited were fairly broad. Here are the most popular money resolutions; if you want to work toward one of these goals, we also share tips to help them stick year-round.

 

1. Save money

Forty-three percent of respondents who were considering a financial resolution said they wanted to “save more.” The general advice is to build up at least three to six months’ worth of emergency savings. This amount is in addition to saving money toward other goals, like retirement, saving for a home or vacation.

 

The bottom line is that there are likely many reasons to save, but the idea of saving can feel difficult, especially if it feels like you’re being deprived of doing something else with that cash (like making a fun purchase) or if you’re living paycheck-to-paycheck.

 

How to stay on track

Automate your savings. You can’t miss what you didn’t notice to begin with. Sending money to your savings account automatically each paycheck or every month can help you grow your reserves without you realizing the money is gone. Automating your savings is free through your financial institution and can be set up in a few minutes online.

 

Start small. You don’t have to start saving a huge amount of cash from the get-go. Be realistic about what you can afford to set aside for an emergency fund to keep the habit sustainable and as least painful as possible.

 

Save half of extra cash. When you get one-off windfalls, whether it’s a work bonus, cash gift, or a tax refund, commit to saving half of it to boost your savings goal. When you set aside half of the funds toward savings, you can do as you wish with the rest of the money.

 

2. Pay down debt

In a close second place, 47% of respondents said paying down debt was their top financial goal in the resolutions survey. If you’re caught in a debt cycle, it can feel difficult to get out. Daily compounding interest on credit cards, for example, can quickly increase your balance if you continuously roll balances month over month.

 

How to stay on track

Use cash only. To successfully pay down debt in a timely manner, you’ll need to stop adding to your overall debt toll. Leave your credit cards at home heading out of the door. Allot yourself a weekly cash allowance to budget so you’re forced to spend within your means, instead of relying on credit.

 

Start small with the debt snowball. Paying off debt, in general, doesn’t have immediate rewards, especially if you have multiple high-balance accounts to repay and don’t see progress. To keep yourself motivated, find your lowest-balance account and aggressively pay that one off while making minimum payments on the other accounts. When the lowest balance is paid off, direct the extra payments toward the next lowest-balance account.

 

Get rid of high interest rates first. The debt snowball approach is great if you need small wins to stay on track with your resolution. But if your main goal is to save as much money on interest while paying off debt, use the debt avalanche method.

 

For this approach, you’ll identify your highest interest rate account, and aggressively pay that account down, while making minimum payments on everything else. You’ll then cross off the most expensive debt from your list for a greater long-term savings impact.

 

3. Spend less

Finally, the third most reported financial resolution for 2025 is to spend less money. Technology makes it extremely convenient to make purchases in a second. For example, Amazon customers can use the website’s “buy now” feature that makes spending an instant act.

 

According to The Happiness Advantage by Shawn Achor, adding just an extra 20 seconds to start a bad habit, can deter you from acting on the bad habit. Exerting a few more seconds of energy is enough time to make better choices.

 

How to stay on track

Remove mobile shopping apps. Shopping apps make spending money an easily accessible pastime. Delete any retail and shopping apps from your mobile devices so you’re not tempted to launch the app for a quick shopping spree. Doing so also forces you to physically go to a store or visit a website — which may require more steps to checkout — compared to an app.

 

Don’t save payment information on retail websites. Websites can still trap you into unplanned or unnecessary spending. To make the process a bit more time-consuming, remove any saved payment methods from your retail accounts and log out of the site every time you visit.  To make a purchase, you’ll have to take extra steps to log in, physically pull your credit card from your wallet (which may be across the room), and manually enter your card information.

 

Get friends to join a no-spending freeze. External motivation and accountability help too. Enlist a few close friends on a monthly no-spending freeze so there’s mutually no pressure to spend on certain planned days throughout the year.  You don’t have to tackle your New Year’s resolution alone. Sharing your goals with a trusted friend or accountability buddy, can help you stay on track.

 

Source: www.financialgym.com

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