By Rigoberto D. Tiglao

The Manila Times-Oct 28, 2026

The irony is inescapable. Last Tuesday, Sen. Risa Hontiveros and 10 House representatives, mostly Red party-list congressmen but including Leila de Lima, filed a resolution urging President Ferdinand Marcos Jr. to kick out Chinese ambassador Jing Quan, a move that could eventually lead to severance of our diplomatic and even business relations with that emerging superpower. On that very day, the biggest initial public offering in our stock market’s history, which generated P61 billion in new funds for GCash, was launched. President Marcos himself rang the ceremonial bell to start trading. Read more at: https://www.manilatimes.net/2026/10/28/opinion/columns/gcashs-second-biggest-owner-and-tech-provider-chinas-ant-alipay-group/2455081  First published in The Manila Times