GM Rogelio Antonio Jr heads into the 2006 edition of this annual event as the top seed. The first phase of the tournament is a normal swiss, after which the top 16 then go into the main draw. I'm guessing that the 16 players then play in what I think they call the "Campomanes System". Hopefully one of our Pinoy readers can confirm.
Prizes for the event are 1st P80,000 (A$2,105), 2nd P50,000 (A$1,315), 3rd P30,000 (A$790) and P20,000 (A$525) to the fourth placer.
I wish some of these big Philippine events have a website, no matter how basic. Even the national chess federation doesn't have a site!