The Sorry State of Philippine Chess

Rappler asks Why has chess fallen in popularity in the Philippines?, and writes:
At the first Battle of Grandmasters in 2006, Wesley So won the first prize of P200,000. But as sponsorships dried up, so did prize money. On Tuesday, June 28 Joey Antonio won and took home a first prize of P18,000.
A sorry state, indeed. The article goes on to explain how Filipino grandmasters are flying out of the country in search of greener pastures.