About this transcript: This is a full AI-generated transcript of Rep. Duterte: Marcos SONA failed to address issues hounding Filipinos — ANC from ANC 24/7, published July 28, 2026. The transcript contains 4,007 words with timestamps and was generated using Whisper AI.
"Senator Aimee Marcos slams the president's announcement of looming charges against their cousin, former Speaker Martín Romualdez. She believes this is a deception that ignores the possibility that a wider network of people may be involved in the government's flood control scandal. The senator..."
[0:00] Senator Aimee Marcos slams the president's announcement of looming charges against their cousin, former Speaker Martín Romualdez.
[0:08] She believes this is a deception that ignores the possibility that a wider network of people may be involved in the government's flood control scandal.
[0:16] The senator pointed to the president's previous challenge for corrupt officials to feel shame and claim those who have no shame are being protected.
[0:25] Davao Congressman Paolo Duterte criticizes President Marcos Jr.'s State of the Nation address for appearing to show compassion for ex-speaker Martín Romualdez,
[0:36] but not the same level of concern for Filipinos burdened with high food and energy costs.
[0:41] Congressman Duterte says Filipinos are not asking for sympathy for the powerful, but for truth, accountability and justice.
[0:49] He says any State of the Nation address will be incomplete in the people's eyes as long as questions on flood control anomalies
[0:56] and other controversies remain unanswered.
[1:01] Opposition Senator Aimee Marcos says the Senate minority bloc skipped her brother's State of the Nation address
[1:07] because their members are upset at being persecuted by the administration.
[1:11] But they attended the opening of the Senate's second regular session where its agenda was unveiled by Senate President Sherwin Gatchalian.
[1:19] The details in this report.
[1:21] Senate President Sherwin Gatchalian sets the agenda as he opened the second regular session of the 20th Congress in the Senate.
[1:31] On top of that agenda, the timely passage of the 2027 National Budget.
[1:37] The so-called Ginhawa Bill, which will make those earning $400,000 a year income tax-free.
[1:43] It will also make overtime pay, holiday pay, night shift differential, hazard pay, and service charge tax-free,
[1:52] while hiking the tax ceiling for bonuses, amendments to the Rice Tarification Law and Oil Deregulation Law,
[2:00] reforms in the Energy Regulatory Commission and Magna Carta for MSMEs, and a 30-year infrastructure plan.
[2:08] The national budget is our most powerful tool for stimulating the economy.
[2:13] Its timely passage allows funding to reach critical services and ensures that new projects can begin as scheduled and meet their deadlines.
[2:22] Which is why Gatchalian wants an ad hoc committee in the Senate for better coordination.
[2:28] His rationale is simple. People are suffering from the economy which has lagged.
[2:33] Naririnig namin ang hinahing ng bawat Pilipino at nauunawaan namin ang bigat ng kanilang pang-araw-araw na buhay.
[2:41] At the lower end of the revised range, annual growth would be the slowest recorded since 2009, excluding the pandemic.
[2:50] These numbers are not abstract.
[2:52] They translate into lower incomes, fewer job opportunities, and heavier burdens for families struggling to get by.
[3:00] Before the opening, Senate Minority Leader Alan Peter Cayetano gave his own take on the country's problems.
[3:07] We have a crisis of hope. Marami tayong inaarap na crisis ngayon, di ba? Crisis ng tiwala sa gobyerno.
[3:15] The session was suspended after Gatchalian's speech to allow the senators to attend the joint session of the 20th Congress
[3:22] for the President's penultimate State of the Nation Address.
[3:27] Senator Aimee Marcos again skipped her brother's speech.
[3:31] Ang pasamaan loob namin dahil pinagkukulong, pinakasunghan ang minority. Yun lang, parang di ko kaya eh.
[3:42] Philippine President Marcos Jr. used his fifth sauna to highlight his administration's response to the energy crisis resulting from the Middle East war.
[3:53] He drew cheers for his call to remove systems loss charges in electricity bills and his defense of the country's sovereignty in the West Philippine Sea.
[4:02] Jervis Manahan reports.
[4:04] At dumating na tayo sa punto na ayon sa ombudsman, ay malapit na ang paghain ng patong-patong na kaso labang sa dating speaker.
[4:17] Masakit man sa akin ito, ngunit kailangan natin gawin ang tama.
[4:22] President Ferdinand Marcos Jr. opened his fifth State of the Nation Address with a bombshell, an update with the cases to be filed against his cousin, former House Speaker Ferdinand Martin Romualdez.
[4:33] He stressed that he could put the country ahead of his own family.
[4:37] The President also emphasized that his administration would not stop at merely filing cases against corrupt officials.
[4:43] Kaakibat ng mga naisampang mga kaso tiniyak ng inyong pangahalaan na mababawi mula sa mga nagsabwatan ang nakuha nilang pera ng taong bayan.
[4:54] Halos 25 bilyong piso ang halaga ng nabawi, frozen at napreserbang mga pera at ari-arian ng mga akusado.
[5:06] Ang mahigit 800 milyong piso dito ay agad nating nabalik sa Treasury.
[5:11] He, however, did not mention former ally and fugitive ex-House Appropriations Committee Chairperson Zaldico,
[5:18] who fled the country before charges could be filed against him, and is now reportedly seeking political asylum in Europe.
[5:24] Meanwhile, the administration's response to the recent oil crisis triggered by the war between the United States and Iran also took center stage in Marcos' speech.
[5:33] He enumerated the government's programs, including the fuel subsidy scheme for drivers, cash assistance for low-income Filipinos,
[5:41] and the suspension of tolls and other fees to help curb rising prices.
[5:46] According to the President, the government has allocated 60 billion pesos this year to ease the impact of the oil crisis on the country.
[5:54] Ang pondo na naisalba natin na balak ibulsa ng mga tiwaling opisyal ay sa taong bayan natin ibinubuhos.
[6:01] Marcos also mentioned additional trains, new bridges, the importation of additional oil supplies from other countries,
[6:09] and assistance for OFWs stranded by the war in Iran so they could return home.
[6:15] But it was the issue of taxes that drew the loudest applause from the audience.
[6:18] When it comes to the government's response to natural disasters, the President urged Congress to review the National Building Code to strengthen the country's infrastructure.
[6:43] In the agriculture sector, Marcos directed the continued expansion of the country's coconut industry.
[6:49] He also promised to complete the distribution of land titles to agrarian reform beneficiaries this year.
[6:55] But while both the Anti-Political Dynasty Bill and the Partidist Reform Bill remain among his priority legislative measures,
[7:02] the President did not mention either of them in this year's SONA.
[7:05] In the energy sector, President Ferdinand Marcos Jr. said it is high time to remove system loss charges and the value-added tax from consumers' electricity bills.
[7:15] He called for amendments to the EPIRA Law or the Electric Power Industry Reform Act of 2001 to prohibit the imposition of these charges.
[7:22] To further reduce electricity costs in the country, the President also said it is time to revisit the development of nuclear energy in the Philippines.
[7:45] He also said the government has begun building hydrogen power plants, which will serve as backup fuel sources for power facilities, especially in off-grid areas.
[7:55] According to the President, the government targets to complete around 200 energy projects before the end of his term,
[8:02] with 45 already completed and 31 more expected to be finished this year.
[8:07] On the education sector, Marcos said,
[8:09] the Department of Education has ensured that mechanisms and processes for reporting and responding to bullying incidents,
[8:15] as well as other emergencies are in place, functional and known to all.
[8:19] The President also reiterated the promise he made during his previous State of the Nation address,
[8:25] that no teacher would retire with the rank of Teacher 1.
[8:28] He said more than 80,000 public school teachers and school heads have already been promoted under the Expanded Career Progression Program.
[8:36] Marcos also said the Department of Public Works and Highways, PAGCOR, and local government units
[8:41] will help speed up the construction of new classrooms, as well address the classroom shortage.
[8:46] The President said the private sector will also help to build 16,000 classrooms in Luzon through public-private partnerships.
[8:54] He also expressed support for artificial intelligence,
[8:57] saying that 1.8 million individuals have already received training through various AI-related programs.
[9:04] The President concluded his fifth State of the Nation address by addressing the West Philippine Sea and the 2016 Arbitral Award,
[9:11] that invalidated China's claims in the South China Sea.
[9:15] Let me remind our friends and our detractors, Filipinos are a noble, kind, gracious, and great race.
[9:26] We are not greedy, we are not racists, we are not liars.
[9:32] He vowed to continue defending the Arbitral Award, especially as the country recently marked its 10th anniversary.
[9:38] According to Marcos, the Philippines has also strengthened its relations with other countries,
[9:43] resulting, he said, in 23 free trade agreements that are already in force or still under negotiation.
[9:51] He also highlighted what he described as the growth of Philippine exports and foreign investments,
[9:56] attributing these to policies that improve the ease of doing business
[10:00] and accelerate digital transformation to reduce red tape and corruption.
[10:04] The President also cited the outcomes of the Philippines' chairmanship of ASEAN this year,
[10:10] including the rice reserve system, the ASEAN power grid, and the framework agreement on regional energy storage.
[10:17] He also mentioned the controversial PAC Silica industrial hub,
[10:20] which is being advanced under the PAC Silica initiative led by the United States.
[10:25] The project has sparked intense discussions with many opposing it over its potential impact on the environment,
[10:31] water resources, and indigenous peoples.
[10:33] The President also highlighted plans to build the country's first spaceport
[10:38] and conduct a sounding rocket launch test next year.
[10:41] Cagayan is both geographically and economically primed to serve as our gateway to space
[10:48] and host the country's first spaceport.
[10:51] The President also discussed several healthcare initiatives,
[10:55] including the expansion of the YACA program,
[10:57] the increase in the number of tax-exempt medicines,
[11:00] the implementation of zero billing,
[11:01] the expansion of PhilHealth Benefit Packages,
[11:05] and the streamlining of applications for medical assistance.
[11:09] In his closing message,
[11:10] the President called on Filipinos to stand united.
[11:13] Mga kapakong Pilipino,
[11:15] sa ganitong mga banta sa ating siguridad,
[11:19] sa loob,
[11:19] at sa labas ng bansa,
[11:22] tayo'y tumindig ng taas-noo
[11:24] at magkapitbisig.
[11:26] The President also vowed that in the final two years of his term,
[11:30] he will complete the programs his administration started
[11:32] and fulfill his promises to the Filipino people.
[11:36] Jervis Manahan, ABS-CBN News.
[11:38] Tonight, ex-Philippine House Speaker Martin Romualdo says
[11:42] he's ready to prove his innocence
[11:44] after President Marcos Jr. announced
[11:46] that corruption cases will soon be filed against him.
[11:50] House leaders indicate they're not interested
[11:51] in reviving a probe of flood control corruption,
[11:54] but will instead focus on legislation
[11:56] for cheaper electricity
[11:58] and a social media ban on kids younger than 13.
[12:02] Vivian Gullia has tonight's top story.
[12:05] Dumating na tayo sa punto na ayon sa ombudsman
[12:10] ay malapit na ang paghain
[12:13] ng patong-patong na kaso labang
[12:15] sa dating speaker.
[12:18] Masakit man sa akin ito,
[12:20] ngunit kailangan natin gawin ang tama.
[12:23] Following these sharp words from his cousin
[12:25] during the State of the Nation Address,
[12:27] former House Speaker
[12:28] and later Representative Martin Romualdo
[12:30] has issued a statement
[12:31] saying he respects the President's remarks,
[12:34] adding that he never asked for special treatment.
[12:37] Romualdo, who has been tagged
[12:39] in the flood control corruption scandal,
[12:40] also insisted he has done nothing unlawful
[12:43] and he is prepared to prove it.
[12:46] Meanwhile, at least two House members
[12:48] expressed support for Marcos Jr.'s call
[12:50] to remove the system's loss charge
[12:52] from consumers' electricity bills.
[12:55] Biko Saro Partilist Representative
[12:56] Terry Ridon says
[12:57] Congress should prioritize
[12:59] and immediately pass legislation
[13:01] prohibiting distribution utilities
[13:03] from recovering system losses
[13:05] through consumers' electricity bills.
[13:07] According to Ridon,
[13:08] the Energy Regulatory Commission
[13:10] must disallow recoveries
[13:12] arising from inefficiency,
[13:14] poor system maintenance,
[13:15] electricity theft,
[13:16] and other preventable causes,
[13:18] and impose stricter efficiency
[13:20] and accountability standards
[13:21] on distribution utilities.
[13:24] Akbayin Partilist Representative
[13:25] Shel Diokno
[13:26] also backs the removal
[13:27] of system's loss charge
[13:28] but added that value-added tax
[13:30] should also be reduced.
[13:32] Akbayin Partilist Representative
[13:33] Percival Sandania
[13:34] also dismayed over the absence
[13:36] of the proposal
[13:37] to remove VAT
[13:38] as well as the proposed
[13:39] legislated wage hike.
[13:40] He says the President's sauna
[13:41] was short of the necessary solutions
[13:44] to address the increasing cost
[13:45] of food and basic commodities.
[13:47] Meanwhile,
[13:48] House Speaker Bojidi says
[13:49] the lower house
[13:50] is ready to translate
[13:51] into legislation
[13:52] and concrete action
[13:53] the priorities outlined
[13:55] by the President
[13:56] in his sauna.
[13:58] I hereby call
[13:59] the second regular session
[14:01] of the 20th Congress
[14:03] to order.
[14:05] Ahead of Marcus' sauna,
[14:06] the House of Representatives
[14:07] formally opened on Monday
[14:09] the second regular session
[14:10] of the 20th Congress
[14:11] which according to House Speaker
[14:13] Bojidi
[14:13] is an opportunity
[14:14] to acknowledge past shortcomings
[14:16] and address them.
[14:18] During the first regular session,
[14:19] the lower chamber
[14:20] passed half
[14:20] of the 52 priority measures
[14:22] of the Marcus Jr. administration
[14:24] and both houses
[14:25] of the 20th Congress.
[14:27] But only one was enacted.
[14:29] House Majority Leader
[14:30] and Presidential son
[14:31] Sandro Marcos admits
[14:32] the previous issue
[14:33] on the Senate leadership
[14:34] was a factor in that.
[14:35] The more political gulo
[14:37] that there is,
[14:38] the less time there is to work.
[14:39] I mean,
[14:40] everyone knows that,
[14:40] di ba?
[14:41] So,
[14:42] but it's good
[14:43] that the Senate
[14:43] has now,
[14:44] you know,
[14:45] organized everything
[14:47] and I'm sure
[14:48] under the leadership
[14:48] of SP Gachalian,
[14:50] the legislative mill
[14:50] will continue
[14:51] or will,
[14:54] go back
[14:54] to functioning
[14:56] as efficiently
[14:58] as possible.
[14:59] Marcos and D.
[15:00] gave assurances
[15:01] the lower chamber's
[15:02] legislative work
[15:02] and its deliberations
[15:04] on the proposed
[15:04] 2027 national budget
[15:06] will be unhampered
[15:07] by the impeachment
[15:08] proceedings
[15:08] at the Senate.
[15:10] Sa ating
[15:11] second regular session,
[15:15] itutuloy natin
[15:15] ang pagtatrabaho
[15:16] para maisulong
[15:18] ang mga reformang
[15:19] directang tutugon
[15:21] sa mga pang-araw-araw
[15:23] na suliranin
[15:24] ng ating mga kababayan.
[15:25] Prided natin
[15:28] maipasa
[15:29] ang Rice Industry
[15:30] and Consumer
[15:32] Empower Act
[15:32] upang mapababa
[15:34] ang presyo
[15:35] ng bigas
[15:36] at mapalakas
[15:37] ang suporta
[15:39] sa ating
[15:39] pong mga magsasaka.
[15:42] Ang mga amyenda
[15:43] sa Universal
[15:44] Healthcare Act
[15:45] upang maging
[15:46] dekalidad
[15:47] at abot kamay
[15:48] ang servisyong
[15:49] pangkalusugan.
[15:51] In his speech,
[15:52] the House
[15:53] Speaker called
[15:53] for the inclusion
[15:54] to the lead
[15:55] of priorities
[15:55] of a bill
[15:56] seeking to
[15:57] prohibit children
[15:58] under 13 years
[15:59] old from creating,
[16:00] registering,
[16:01] and using social
[16:02] media accounts.
[16:03] This, he said,
[16:04] will complement
[16:04] the bill
[16:05] passed by the
[16:05] lower chamber
[16:06] against disinformation
[16:07] on digital media.
[16:09] Congressman Marcos
[16:10] denied this
[16:11] seeks to censor
[16:12] the media.
[16:12] I think
[16:13] what's important
[16:14] is to have
[16:15] necessary
[16:16] media participation
[16:18] in order
[16:19] for those
[16:20] safeguards
[16:20] to at least
[16:21] if not there
[16:23] already
[16:24] at least be
[16:25] introduced
[16:26] either in the
[16:27] Senate version
[16:27] or during
[16:28] the period
[16:28] of amendments.
[16:29] But we are not
[16:30] here to censor
[16:30] anyone.
[16:32] Sa kasamang palad,
[16:35] maging tayong
[16:35] mga matanda
[16:36] ay hindi na ligtas
[16:38] sa mga maling
[16:39] impormasyon
[16:40] na nagiging
[16:41] sani
[16:41] ng pag-aaway
[16:43] at pagkakawatak-wata.
[16:45] Wag po sana
[16:47] nating
[16:47] hayaan
[16:49] ng ingay
[16:50] ng social media
[16:51] ang humubog
[16:53] sa ating
[16:53] paniniwala.
[16:55] Ang demokrasya
[16:55] ay nananatiling
[16:57] matibay
[16:57] kapag
[16:58] ang mamamayan
[17:00] ay sapat
[17:01] na may kaalaman
[17:02] at bukas
[17:03] ang pag-iisip.
[17:05] On calls
[17:06] for the House
[17:06] to resume its
[17:07] inquiry
[17:07] to alleged
[17:08] flood control
[17:08] anomalies,
[17:10] Marcos said
[17:10] it should be
[17:10] left to the
[17:11] ombudsman
[17:12] and relevant
[17:12] bodies
[17:13] since some
[17:13] House members
[17:14] are accused
[17:14] of involvement.
[17:15] That's like
[17:16] asking a student
[17:17] to grade
[17:18] your own
[17:18] paper
[17:19] in an exam.
[17:21] Kahit anong
[17:21] magiging
[17:22] resulta
[17:23] ng pag-iimbestiga
[17:24] kung i-resume
[17:26] sa lower house,
[17:27] ang sasabihin
[17:27] ng tao
[17:28] is
[17:28] angkot
[17:28] naman yung tao
[17:29] dyan.
[17:30] Wala kaming
[17:30] tiwala
[17:31] sa report.
[17:32] So let's
[17:32] leave
[17:33] the ombudsman
[17:34] and the
[17:34] necessary
[17:35] bodies
[17:37] to do
[17:37] that
[17:38] themselves.
[17:40] On the
[17:41] proposed
[17:42] measures
[17:42] on SOGSC
[17:43] unlegislated
[17:44] wage hike,
[17:45] the House
[17:45] majority
[17:45] leader says
[17:46] he will
[17:46] first have
[17:47] to consult
[17:47] party leaders
[17:48] to determine
[17:49] their chances
[17:49] of getting
[17:50] passed at
[17:50] the House
[17:51] of Representatives.
[17:52] Vivian
[17:53] Gulia,
[17:53] ABS-CBN
[17:54] News.
[17:57] Philippine
[17:57] police
[17:58] arrest
[17:58] dozens
[17:58] of protesters
[17:59] during
[17:59] anti-sona
[18:00] demonstrations
[18:01] in Quezon
[18:01] City.
[18:02] Michael
[18:03] Deliso
[18:03] reports.
[18:11] Individuals
[18:12] were among
[18:12] those
[18:12] arrested
[18:13] by police
[18:14] amid the
[18:14] rallies
[18:15] in Quezon
[18:15] City
[18:15] ahead of
[18:16] President
[18:17] Ferdinand
[18:17] Michaels
[18:18] Jr.'s
[18:18] State of
[18:19] Nation
[18:19] Address.
[18:20] Sikhs
[18:20] were caught
[18:21] by police
[18:21] making protest
[18:22] graffiti
[18:22] along
[18:23] Commonwealth
[18:23] Avenue.
[18:24] Fellow
[18:24] protesters
[18:25] tried to
[18:25] pull them
[18:26] away
[18:26] from the
[18:26] police
[18:27] and
[18:27] demanded
[18:28] an
[18:28] explanation
[18:28] but
[18:29] they
[18:29] were
[18:29] unable
[18:30] to
[18:30] stop
[18:30] the
[18:30] arrests.
[18:31] They
[18:31] were
[18:31] loaded
[18:32] onto
[18:32] a bus
[18:33] and
[18:33] brought
[18:33] to the
[18:33] Batasan
[18:34] Police
[18:34] Station.
[18:49] In
[18:51] Tontal
[18:51] Philippine
[18:52] National
[18:52] Police
[18:52] Chief
[18:53] General
[18:53] Jose
[18:54] Melanchel
[18:54] Artariz
[18:55] Jr.
[18:55] said
[18:55] 51
[18:56] individuals
[18:57] were
[18:57] arrested
[18:58] for
[18:58] various
[18:58] violations
[18:59] of
[18:59] Quezon
[19:00] City
[19:00] ordinances
[19:00] during
[19:01] this
[19:01] year's
[19:02] SONA.
[19:02] 13
[19:03] of
[19:03] those
[19:03] however
[19:03] were
[19:04] identified
[19:05] as
[19:05] minors.
[19:06] We
[19:06] have
[19:06] a
[19:06] reason
[19:06] to
[19:07] have
[19:07] a
[19:07] valid
[19:08] arrest
[19:08] and
[19:08] they
[19:09] were
[19:09] accosted
[19:09] because
[19:10] of
[19:10] violations
[19:11] of
[19:11] ordinances
[19:12] and
[19:12] special
[19:13] laws.
[19:13] Particularly
[19:14] RA
[19:15] 9003
[19:16] BP
[19:17] 880
[19:18] and
[19:18] local
[19:20] ordinances.
[19:21] Lalo
[19:21] na
[19:21] yung
[19:22] magtatakip
[19:23] ng mukha,
[19:23] bawal
[19:23] naman
[19:23] magtatakip
[19:24] ng mukha.
[19:25] Lalo
[19:26] na
[19:26] yung
[19:28] nangyari
[19:28] noong
[19:28] September
[19:29] last
[19:29] year.
[19:30] Kita
[19:30] nyo
[19:30] naman,
[19:31] di ba?
[19:32] And
[19:32] ayaw
[19:33] natin
[19:33] payagan
[19:33] na
[19:34] sila
[19:34] pa
[19:34] ay
[19:35] patuloy
[19:37] na
[19:37] manggulo
[19:37] dyan
[19:38] sa
[19:38] kalsada
[19:38] at
[19:39] maapektuhan
[19:39] of
[19:40] course
[19:40] yung
[19:40] tahimik
[19:41] na
[19:41] nagpoprotesta.
[19:42] There
[19:42] were
[19:43] several
[19:43] instances
[19:43] of
[19:44] confrontation
[19:44] between
[19:45] police
[19:45] and
[19:46] protesters.
[19:46] As
[19:47] early
[19:47] as
[19:47] 7
[19:48] a.m.,
[19:48] shoving
[19:49] erupted
[19:49] when
[19:50] police
[19:50] tried
[19:51] to
[19:51] push
[19:51] protesters
[19:52] back
[19:52] to
[19:52] keep
[19:52] them
[19:52] from
[19:53] occupying
[19:53] the
[19:53] road.
[19:56] Another
[19:57] confrontation
[19:57] broke
[19:57] out
[19:58] when
[19:58] the Bureau
[19:59] of
[19:59] Fire
[19:59] Protection
[19:59] put out
[20:00] a burning
[20:00] U.S.
[20:01] flag.
[20:01] As
[20:01] protesters
[20:02] condemned
[20:02] America's
[20:03] attacks
[20:03] on
[20:04] Iran,
[20:04] the
[20:05] U.S.
[20:05] led
[20:05] Pax
[20:05] Silica
[20:06] Hub
[20:06] in
[20:06] New
[20:06] Clark
[20:07] City,
[20:07] as
[20:08] well
[20:08] as
[20:08] what
[20:08] they
[20:08] said
[20:09] was
[20:09] American
[20:09] influence
[20:10] over
[20:10] the
[20:11] policies
[20:11] of
[20:11] the
[20:12] Marquez
[20:12] administration.
[20:14] This
[20:14] prompted
[20:14] authorities
[20:15] to
[20:15] alert
[20:15] the
[20:16] arresting
[20:16] team.
[20:22] The
[20:22] organizers
[20:23] called the
[20:23] rally
[20:24] the
[20:24] people
[20:24] Sona
[20:25] which
[20:25] they
[20:26] said
[20:26] serves
[20:26] as
[20:27] a
[20:27] platform
[20:27] to
[20:28] present
[20:28] what
[20:29] they
[20:29] believe
[20:29] is
[20:30] the
[20:30] true
[20:30] state
[20:30] of
[20:30] various
[20:31] sectors
[20:31] of
[20:31] society.
[20:33] Among
[20:33] the
[20:33] main
[20:33] issues
[20:34] they
[20:34] raised
[20:34] were
[20:35] the
[20:35] skyrocketing
[20:35] fuel
[20:36] and
[20:36] electricity
[20:37] prices,
[20:38] the
[20:38] lack
[20:38] of
[20:38] quality
[20:38] jobs
[20:39] and
[20:39] low
[20:40] wages
[20:40] that
[20:40] they
[20:40] said
[20:41] have
[20:41] failed
[20:41] to
[20:42] keep
[20:42] pace
[20:42] with
[20:43] the
[20:43] rising
[20:43] cost
[20:43] of
[20:43] living.
[20:44] The
[20:45] protesters
[20:45] also
[20:45] condemned
[20:46] alleged
[20:46] cases
[20:47] of
[20:47] corruption
[20:47] and
[20:48] called
[20:48] for
[20:48] accountability.
[20:50] Halos
[20:50] wala
[20:50] akong
[20:50] nakikita
[20:51] ang
[20:51] pagbabago,
[20:52] puro
[20:53] lang
[20:53] pangako
[20:54] na
[20:54] talagang
[20:54] walang
[20:55] bitaw.
[20:57] Ngayon
[20:57] na
[20:57] Sona
[20:57] niya
[20:58] ngayon,
[20:58] gumawa
[20:58] rin
[20:58] kaming
[20:58] sarili
[20:59] namin
[20:59] Sona.
[20:59] Police
[21:00] were
[21:00] placed
[21:00] on
[21:00] full
[21:01] alert
[21:01] across
[21:01] Metro
[21:01] Manila
[21:02] for
[21:02] the
[21:02] Sona
[21:03] with
[21:03] support
[21:04] from
[21:04] various
[21:04] government
[21:04] units
[21:05] and
[21:05] agencies.
[21:06] Security
[21:07] remained
[21:07] tight
[21:08] while
[21:08] authorities
[21:08] ensured
[21:09] traffic
[21:09] continued
[21:09] to
[21:10] flow
[21:10] along
[21:11] Commonwealth
[21:11] Avenue
[21:11] despite
[21:12] the
[21:12] large
[21:12] gathering.
[21:13] 5.20
[21:14] in the
[21:14] afternoon
[21:15] and
[21:15] the
[21:15] protests
[21:15] here
[21:15] along
[21:15] Commonwealth
[21:16] Avenue
[21:16] has just
[21:17] ended.
[21:18] Now
[21:18] participants
[21:18] of this
[21:19] rally
[21:19] are
[21:19] carrying
[21:20] out
[21:20] organized
[21:20] dispersal.
[21:21] Meantime,
[21:22] Bayan
[21:22] has
[21:23] deployed
[21:23] paralegal
[21:23] volunteers
[21:24] to the
[21:24] police
[21:25] station
[21:25] to
[21:26] assist
[21:26] the
[21:26] arrested
[21:26] individuals.
[21:28] Michael
[21:28] Delizo,
[21:30] ABS-CBN News.
[21:32] An explosion
[21:33] at the
[21:33] Philippine
[21:33] Justice
[21:34] Department
[21:34] in
[21:35] Manila
[21:35] and
[21:35] the
[21:36] discovery
[21:36] of a
[21:37] suspected
[21:37] bomb
[21:37] near
[21:38] the
[21:38] Senate
[21:38] in
[21:38] Pasay
[21:39] City
[21:39] prompt
[21:40] police
[21:40] to
[21:40] tighten
[21:40] security
[21:41] even
[21:41] further
[21:42] for the
[21:42] President's
[21:43] State of the
[21:43] Nation
[21:43] address.
[21:44] Jesse
[21:45] Cruzant
[21:45] reports.
[21:48] Soldiers
[21:48] kept a
[21:49] tight
[21:49] watch
[21:49] on the
[21:50] Department
[21:50] of Justice
[21:51] after an
[21:51] explosion
[21:52] took place
[21:53] outside the
[21:54] agency's
[21:54] compound
[21:54] early
[21:55] Monday
[21:55] morning,
[21:56] the day
[21:57] of President
[21:57] Ferdinand
[21:58] Marcus Jr.'s
[21:59] State of
[21:59] the Nation
[22:00] address.
[22:01] In an
[22:01] official
[22:01] statement,
[22:02] the DOJ
[22:03] said the
[22:04] blast,
[22:04] allegedly
[22:05] caused by
[22:05] an
[22:05] improvised
[22:06] explosive
[22:06] device,
[22:07] occurred at
[22:08] exactly
[22:08] 12.17am,
[22:10] near the
[22:11] main gate
[22:11] of its
[22:12] building along
[22:13] Padre Faura
[22:13] Street in
[22:14] Armita,
[22:14] Manila.
[22:15] Signs of the
[22:16] blast remained
[22:17] visible,
[22:18] with the
[22:18] ground
[22:18] disturbed and
[22:19] rocks scattered
[22:20] around the
[22:20] tree.
[22:21] The impact
[22:21] of the
[22:22] explosion
[22:22] also shattered
[22:23] the windows
[22:24] of a
[22:24] vehicle parked
[22:25] inside the
[22:26] DOJ
[22:26] compound.
[22:27] Fortunately,
[22:28] the DOJ
[22:29] said no
[22:30] one was
[22:30] hurt.
[22:31] Personnel from
[22:31] the
[22:32] Philippine
[22:32] National
[22:32] Police
[22:33] Explosive
[22:33] Ordinance
[22:34] Disposal
[22:34] Unit
[22:35] immediately
[22:35] responded to
[22:36] conduct a
[22:37] technical
[22:37] examination
[22:38] of the
[22:38] scene.
[22:40] Hours
[22:40] before the
[22:41] Senate
[22:41] opened its
[22:41] regular
[22:42] session,
[22:43] authorities
[22:43] also
[22:43] recovered an
[22:44] IED from
[22:45] the
[22:46] center
[22:46] island along
[22:46] Jocno
[22:47] Boulevard,
[22:48] near the
[22:48] gate of
[22:48] the Senate,
[22:49] just after
[22:50] 8am.
[22:51] The
[22:51] investigation
[22:52] found that
[22:52] a towing
[22:53] service employee
[22:54] raised the
[22:54] alarm after
[22:55] spotting the
[22:56] suspected
[22:56] IED placed
[22:58] near a
[22:59] tree.
[22:59] Responding
[22:59] police officers
[23:00] immediately
[23:00] secured the
[23:01] area.
[23:02] Among the
[23:03] materials
[23:03] recovered by
[23:04] the Pasay
[23:04] City Police
[23:05] Explosive
[23:05] and
[23:05] Ordnance
[23:06] Disposal
[23:06] Team
[23:07] were a
[23:07] 9-volt
[23:08] battery,
[23:09] a
[23:09] blasting
[23:09] cap,
[23:10] a
[23:10] clock,
[23:11] and a
[23:11] plastic
[23:11] container
[23:12] filled
[23:12] with a
[23:13] brown
[23:13] powdery
[23:14] substance.
[23:14] According
[23:31] to PNP
[23:31] Chief
[23:32] Police
[23:32] General
[23:32] Jose
[23:33] Melencio
[23:33] Nartates
[23:34] Jr.,
[23:35] there is
[23:35] a strong
[23:35] possibility
[23:36] that two
[23:36] incidents
[23:37] are
[23:37] connected.
[23:39] A big
[23:39] possibility
[23:39] or
[23:40] probability
[23:40] is
[23:41] mag-taug
[23:42] ngayon.
[23:42] EOD
[23:46] is conducting
[23:47] investigation,
[23:48] pati yung
[23:49] ating
[23:49] investigator.
[23:51] Yung
[23:51] IED
[23:52] na to
[23:52] ay
[23:53] walang
[23:54] charts.
[23:55] Ibig sabihin
[23:55] wala siyang
[23:56] sharp nails.
[23:59] Panterol lang,
[24:00] pantakot.
[24:00] Nartates
[24:01] said the
[24:02] possibility
[24:02] of such
[24:03] incidents
[24:03] had already
[24:04] been included
[24:05] in their
[24:05] security
[24:06] preparations.
[24:07] Isa yan
[24:07] sa mga
[24:08] contingencies
[24:08] na ginawa
[24:10] natin.
[24:10] mayroong
[24:12] bomb threat,
[24:13] mayroong
[24:13] actual
[24:13] bombing,
[24:15] and
[24:16] others.
[24:17] May
[24:17] shooting,
[24:18] isa yung
[24:18] sa mga
[24:19] contingencies.
[24:19] That's
[24:20] why,
[24:20] nakaka-recover
[24:21] tayo
[24:21] ng mga
[24:22] ganyan.
[24:23] Ganyan
[24:23] nga lang,
[24:24] meron
[24:24] tayo,
[24:26] I think,
[24:27] past
[24:27] midnight,
[24:29] last
[24:29] night,
[24:31] may
[24:31] relusutan
[24:32] tayong
[24:33] may
[24:33] sumabog.
[24:34] Senate
[24:35] President
[24:35] Sherwin
[24:35] Gatchalian
[24:36] strongly
[24:36] condemned
[24:37] the
[24:37] incident.
[24:39] He
[24:39] also
[24:39] said
[24:40] they
[24:40] already
[24:40] have
[24:41] information
[24:41] on
[24:42] who
[24:42] may
[24:42] be
[24:42] behind
[24:43] the
[24:43] incident.
[24:57] Gatchalian
[24:58] added that
[24:58] the Senate
[24:59] will not
[24:59] allow
[25:00] any act
[25:00] of
[25:00] intimidation
[25:01] to
[25:02] disrupt
[25:02] its
[25:02] work
[25:02] for
[25:03] the
[25:03] Filipino
[25:03] people.
[25:04] Gatchalian
[25:05] also
[25:05] called
[25:06] on
[25:06] the
[25:06] PNP
[25:06] and
[25:07] other
[25:07] government
[25:08] agencies
[25:08] to
[25:08] conduct
[25:09] a
[25:09] thorough
[25:09] investigation
[25:10] to hold
[25:11] those
[25:11] responsible
[25:12] accountable.
[25:14] In response,
[25:15] the National
[25:15] Bureau of
[25:16] Investigation
[25:16] raised its
[25:17] alert status
[25:18] to RED.
[25:18] It also
[25:19] coordinated
[25:19] with other
[25:20] government
[25:20] agencies
[25:21] to address
[25:22] possible threats
[25:23] during the
[25:24] President's
[25:24] Sona.
[25:26] Jesse Cruzat,
[25:27] ABS-CBN News.
[25:30] Philippine Vice
[25:30] President
[25:31] Sarah
[25:31] Duterte
[25:32] says she
[25:32] will not
[25:33] step
[25:33] down
[25:33] despite
[25:34] her
[25:34] ongoing
[25:34] impeachment
[25:35] trial.
[25:36] She
[25:36] spoke
[25:36] at an
[25:37] event
[25:37] in
[25:37] London
[25:37] where
[25:38] she
[25:38] said
[25:38] resigning
[25:39] would be
[25:39] a
[25:40] betrayal
[25:40] of the
[25:41] 32.2
[25:41] million
[25:42] Filipinos
[25:42] who
[25:42] voted
[25:43] for her.
[25:44] Duterte
[25:44] dared
[25:45] her
[25:45] former
[25:45] ally
[25:46] President
[25:46] Marcos
[25:46] Jr.
[25:47] to do
[25:47] whatever
[25:48] it
[25:48] takes
[25:48] to
[25:48] remove
[25:49] her
[25:49] from
[25:49] office.
[25:50] The
[25:50] Vice
[25:50] President
[25:51] abroad
[25:51] on
[25:52] travel
[25:52] leave
[25:53] until
[25:53] the
[25:53] end
[25:53] of
[25:54] July.
[25:55] Philippine
[25:55] shares
[25:56] joined
[25:56] a
[25:56] regionwide
[25:57] rally
[25:57] Monday
[25:57] as
[25:58] investors
[25:58] cheered
[25:59] a
[25:59] pause
[25:59] in
[26:00] hostilities
[26:00] between
[26:00] the
[26:01] U.S.
[26:01] and
[26:01] Iran.
[26:02] Michelle
[26:03] Ong
[26:03] has
[26:03] Monday's
[26:04] market
[26:04] wrap.
[26:06] Stocks
[26:07] gained
[26:07] Monday
[26:08] as
[26:08] America
[26:08] paused
[26:09] an
[26:09] almost
[26:09] two-week
[26:10] run
[26:10] of
[26:10] strikes
[26:10] against
[26:11] Iran
[26:11] triggering
[26:12] a
[26:12] relief
[26:13] rally
[26:13] across
[26:13] markets.
[26:15] Brent
[26:15] crude
[26:15] dropping
[26:16] as
[26:16] much
[26:16] as
[26:16] 7.4
[26:17] percent
[26:17] to
[26:17] below
[26:17] $90
[26:18] a
[26:18] barrel
[26:19] easing
[26:19] concerns
[26:20] about
[26:20] inflation.
[26:22] Although
[26:22] the
[26:22] global
[26:23] benchmark
[26:23] is
[26:23] still up
[26:24] more
[26:24] than
[26:24] 50%
[26:25] this
[26:25] year.
[26:26] The
[26:26] U.S.
[26:26] dollar,
[26:27] a safe
[26:27] haven,
[26:28] also weakened
[26:28] against
[26:29] all of
[26:29] its
[26:29] G10
[26:30] peers
[26:30] while
[26:30] gold
[26:31] is
[26:31] up
[26:31] 1%.
[26:32] Here
[26:33] at home
[26:33] Philippine
[26:34] shares
[26:34] joined
[26:34] the
[26:34] regional
[26:35] upswing
[26:35] as
[26:35] local
[26:36] investors
[26:36] awaited
[26:36] the
[26:37] president's
[26:37] fifth
[26:37] state
[26:38] of the
[26:38] nation
[26:38] address.
[26:39] First
[26:39] Metro
[26:40] Securities
[26:40] expects
[26:41] the
[26:41] Bourse
[26:41] to
[26:41] trade
[26:41] sideways
[26:42] with
[26:42] a
[26:42] downward
[26:42] bias
[26:43] this
[26:43] week
[26:43] as
[26:44] geopolitics
[26:45] remain
[26:45] elevated.
[26:46] Midweek
[26:46] focus
[26:47] then
[26:47] shifts
[26:47] to
[26:48] the
[26:48] Fed's
[26:48] policy
[26:49] decision
[26:49] which
[26:50] is
[26:55] locally,
[26:56] first-half
[26:56] earnings
[26:57] are front
[26:57] and center
[26:58] and may
[26:58] even ease
[26:59] selling
[26:59] pressures
[27:00] amid the
[27:00] challenging
[27:00] macro
[27:01] backdrop,
[27:02] though another
[27:02] round of
[27:02] pump price
[27:03] hikes is
[27:03] likely to
[27:04] stoke fresh
[27:05] inflation
[27:05] concerns.
[27:07] In
[27:07] corporate
[27:07] news,
[27:08] BDO
[27:08] reports
[27:09] flat
[27:09] first-half
[27:10] earnings
[27:10] of
[27:10] 40.7
[27:11] billion
[27:11] pesos
[27:12] supported
[27:12] by a
[27:13] 15%
[27:14] loan
[27:14] growth,
[27:15] an
[27:15] 11%
[27:15] rise
[27:16] in net
[27:16] interest
[27:16] income,
[27:17] and a
[27:17] 12%
[27:18] increase
[27:18] in
[27:19] pre-provision
[27:19] operating
[27:20] profit.
[27:21] It
[27:21] notes,
[27:21] asset
[27:22] quality
[27:22] also improved
[27:23] as the
[27:23] NPL
[27:23] ratio
[27:24] declined
[27:24] to 1.64%,
[27:26] with NPL
[27:27] coverage
[27:28] at 132%,
[27:29] while strong
[27:30] capitalization
[27:31] was maintained
[27:32] with a
[27:32] 13.1%
[27:34] set-one
[27:34] ratio.
[27:35] The
[27:35] Sea-led
[27:35] bank,
[27:36] however,
[27:36] notes
[27:36] provisions
[27:37] were
[27:37] increased
[27:38] as a
[27:38] prudential
[27:39] measure
[27:39] against
[27:40] evolving
[27:40] risks.
[27:41] Meanwhile,
[27:42] Union Bank
[27:42] of the
[27:43] Philippines
[27:43] closed
[27:43] the first
[27:44] half
[27:44] of the
[27:44] year
[27:44] strongly
[27:45] with
[27:45] a
[27:45] net
[27:45] income
[27:46] of
[27:46] 6.9
[27:46] billion
[27:47] pesos
[27:47] up
[27:48] 113%,
[27:49] as
[27:50] top-line
[27:50] grew
[27:50] 9%
[27:51] to
[27:51] 43.1
[27:52] billion,
[27:53] supported
[27:53] by expansion
[27:54] and consumer
[27:54] lending,
[27:55] casa and
[27:56] fee
[27:56] income.
[27:56] Net
[27:57] interest
[27:57] income
[27:58] grew by
[27:58] 8%
[27:59] to
[27:59] $33.7
[28:00] billion,
[28:01] driven by
[28:02] loan
[28:02] expansion,
[28:02] with consumer
[28:03] lending
[28:03] remaining
[28:04] the primary
[28:05] growth engine
[28:05] and accounted
[28:06] for 61%
[28:07] of the bank's
[28:08] total loan
[28:08] portfolio.
[28:09] Gross
[28:10] consumer
[28:10] loans of
[28:10] the group
[28:11] grew by
[28:11] 10%,
[28:12] led by
[28:12] credit cards
[28:13] and personal
[28:14] loans,
[28:14] which
[28:15] collectively
[28:15] grew by
[28:16] 18%.
[28:17] Net
[28:17] interest
[28:17] margin
[28:18] improved
[28:18] by 40
[28:19] basis points
[28:20] to 6.9%
[28:21] supported by
[28:22] a 7%
[28:23] increase in
[28:24] casa balances.
[28:26] Meanwhile,
[28:26] non-interest
[28:27] income grew
[28:27] by 12%
[28:28] to $9.4
[28:29] billion,
[28:30] primarily driven
[28:31] by higher fee
[28:32] income from
[28:33] card-related
[28:33] fees,
[28:34] wealth
[28:34] management,
[28:35] bank assurance
[28:36] and other
[28:36] everyday banking
[28:37] transactions,
[28:38] benefiting from
[28:38] the bank's
[28:39] 19.3 million
[28:40] customer base.
[28:42] Finally,
[28:43] Maynilad Water,
[28:43] which went public
[28:44] just last year,
[28:45] is joining the
[28:46] PSE Index,
[28:47] effective August
[28:47] 3,
[28:48] replacing
[28:49] Converge
[28:49] ICT.
[28:50] It will
[28:51] officially be
[28:51] part of the
[28:52] 30-company
[28:52] index of
[28:53] highly traded
[28:54] and most
[28:55] capitalized listed
[28:56] companies in
[28:56] the PSE.
[28:57] The PSE cites
[28:58] its stellar
[28:59] post-IPO
[28:59] share price
[29:00] growth and
[29:01] the demand
[29:01] for its share,
[29:02] allowing it to
[29:03] easily meet
[29:03] early the
[29:04] market cap
[29:05] and liquidity
[29:05] criteria for
[29:06] index membership.
[29:08] Converge,
[29:08] on the other
[29:08] hand,
[29:09] slides into
[29:10] the PSE
[29:10] mid-cap
[29:10] index,
[29:11] which will
[29:11] also see
[29:12] the entry
[29:12] of Felix
[29:12] Mining and
[29:13] the removal
[29:14] of Asia
[29:14] United Bank.
[29:15] Will Aboytis
[29:16] Equity Ventures
[29:16] joins the
[29:17] PSE Dividend
[29:18] Yield Index.
[29:20] Michelle Long,
[29:20] ABS-CBN News.