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Manila Standard - 2026 July 30 - Thursday

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Marcos ready to certify tax reform, energy measures as urgent By Charles Dantes and Maricel V. Cruz MALACAÑANG on Wednesday signaled that President Ferdinand Marcos Jr. is prepared to certify as urgent proposed tax reform and power sector bills once they reach his desk.

Presidential Communications Office Undersecretary Claire Castro said the President only needs to review the final versions of the bills before granting them urgent status, allowing Congress to expedite deliberations. “The President only needs to review Next page

VOL. XL • NO. 166 • 4 SECTIONS 24 PAGES • P20 • THURSDAY, JULY 30, 2026

‘Unusual’ withdrawals cited

Prosecutors to show how OVP, DepEd funds were used, audited By Maricel Cruz and Katrina Manubay

T

WO former managers of the Land Bank of the Philippines on Wednesday described large cash withdrawals totaling P612.5 million for Vice President Sara Duterte’s offices from 2022 to 2023 as “unusual” as her impeachment trial continued at the Senate. Duterte is facing allegations of “systematic misuse, misappropriation and irregular liquidation” of that amount in confidential funds of the Office of the Vice President (P500 million) and the Department of Education (P112.5 million), which she previously headed. The VP and her lawyers have denied the accusations Next page

PROSECUTION WITNESS. Former Land Bank of the Philippines Shaw Boulevard branch manager Violeta Constantino shows a document to the impeachment court during her testimony as the prosecution’s first witness for Article I during the 10th day of the Senate impeachment trial of Vice President Sara Duterte. Constantino testified on transactions related to the questioned withdrawals of confidential funds of the Office of the Vice President. Lino Santos

DFA ready to face Senate probe on ‘Ayungin deal’ By Joyce Babe P. Pañares FOREIGN Affairs Secretary Ma. Theresa Lazaro said she is ready to face any Senate inquiry into the so-called “Ayungin provisional understanding” with China. “I am very ready,” Lazaro said in a doorstop interview during yesterday’s 10th ASEAN Media Forum.

Gibo uneasy over China cultural exchanges NEWS / A3 “If they want, we can do it anytime,” she added. The DFA earlier clarified the understanding serves as a “set of principles

and approaches” meant to avoid misunderstanding and miscalculation during the resupply missions to the BRP Sierra Madre. The department also dismissed efforts to mischaracterize the provisional understanding after Chinese Ambassador to the Philippines Jing Quan claimed Manila violated the agreement Next page

ENERGY MUSEUM. President Ferdinand R. Marcos, Jr. checks out a mock-up of a

hydroelectric dam at the inauguration of the Department of Energy (DOE) Energy Museum which he visited yesterday. With him are Francis Giles B. Puno, President and COO of First Gen Power Co.,DOE Sec. Sharon Garin, and Dr. Lorraine Pastoriza-Primaleon, Geosciences head of First Gen Power Co. Revoli Cortez

Palace hits Sara for neglecting duty, turns cheek on Imee insults By Charles Dantes MALACAÑANG on Wednesday accused Vice President Sara Duterte of showing disrespect for the Constitution after she said she neither watched

nor read President Ferdinand Marcos Jr.’s fifth State of the Nation Address (SONA), arguing that the annual report is a constitutional duty. Presidential Communications Office Next page

‘MORE TAGUIG DETAILS IN BLUE RIBBON’

TUCP PRESSES FOR P200 WAGE HIKE

NEWS / A3

NEWS / A3

BEWARE. The Philippine Coast Guard (PCG) warns of possible debris from a Chinese Long March 6A, inset, rocket launch today from the Taiyuan Satellite Launch Center in Shanxi Province. The map shows where the rocket may fall within a designated drop zone inside the Philippine Exclusive Economic Zone, approximately 83 nautical miles from Dalupiri Island, Cagayan; 88 nautical miles from Babuyan Island; and 104 nautical miles from Burgos, Ilocos Norte. PCG/ China Daily

PBBM lauds Pag-IBIG for over 500k homes built PAGASA sees ‘very strong’ El Nino by Oct. until June 2027

PRESIDENT Ferdinand R. Marcos Jr. highlighted the gains achieved by the Department of Human Settlements and Urban Development and Pag-IBIG Fund under the Expanded Pambansang Pabahay para sa Pilipino Program during his 2026 State of the Nation Address, reporting that more than 500,000 homes have been built

or financed under the administration’s flagship housing program. Based on its latest available data, Pag-IBIG Fund provided affordable home financing to qualified members, releasing ₱517.45 billion in home loans that financed 379,294 housing units. It has also advanced Expanded 4PH

by broadening its partnerships with private developers and government agencies to increase the supply of homes suited to members’ needs. The Fund has also offered acquired assets as an additional affordable homeownership option, and lowering financing rates to Next page

By Rio N. Araja THE probability of a very strong El Niño phenomenon increased significantly to persist until the first half of 2027, according to the Philippine At-

mospheric, Geophysical and Astronomical Services Administration (PAGASA). “This August...the chance of a very strong El Niño by October, November, Next page


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