BusinessMirror April 19, 2022 by BusinessMirror

China lockdowns may dent PHL manufacturing

‘Close borders, cut Omicron exposure risk’ By Cai U. Ordinario @caiordinario

C C

HINA’S struggle to contain the spread of Covid-19 may dent @caiordinario the performance of the Philippines manufacturing and export LOSING the country’s borders performance in the coming months, is one of the most immediate according to local economists. courses of action the governThetake Chinese government ment must to prevent the lat- recently implemented what is called est Covid-19 variant, Omicron, from a “dynamic clearance” in imporreaching Philippine shores, accordtant trade hubs or large cities like ing to local economists. Shanghai to prevent the spread T he new var iant is a threat, of e s p e Covid-19. c i a l l y w it h t he hol id ay s Watch Senior FelcomingAteneo up andEagle more foreigners low Leonardo A. Lanzona Jr. said being a llowed to travel to the these lockdowns could intensify Philippines, De La Sa lle Universupply side Mar constraints now being sit y economist ia Ella Oplas experienced by global and regional told BusinessMirror. trade. The holidays usually bring in situation ‘dynamic Overseas“ The Filipino Workersof(OFWs) clearance,’ the term used in Chiwho are eager to spend Christmas By Cai U. Ordinario

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na for lockdowns, would further strengthen the supply side constraints which up to now affects regional withglobal theirand loved ones, trade. while This for- of course leads to shortages and eveneigners living in temperate regions tually inflation,” Lanzona told usually want to relax in tropicalthe BusinessMirror. countries like the Philippines. This “The situation can offset much year’s influx of OFWs is expected to of the gains we have made terms be heavier since many of theminwere of production and since the unable to come home fortrade the holidays start of the year when we began to in December 2020. reduce our virus restrictions,” “My recommendation is to protect he added. Do not allow people with the borders. Lanzona the country’s a history of travelsaid to countries with manufacturing performance may positive cases to enter,” Oplas said. slow down unless the Philippines “We should be more restrictive. [We trade with other havedevelops to be] more protective incountries terms in the Asia and the Pacific region. of our measures.” Oplas said that while this will be Look beyond a setback to someChina industries, this “THE goal thenconsidering is to look forthat other is a fair measure markets than China. This can prove this could help prevent placing the to bein a challenge so it is crucial also country another strict lockdown,

that we shift our attention to our agricultural sector to ensure food production and reduce shortages that she cansaid, leadthe to economy price increases,” which, can no Lanzona said. longer afford. of the University “It Former is betterDean that we do protective of the Philippines School of Ecopreventive measures than get exnomics Ramon L. Clarete said the posed again. We have a lot to lose,” situation in China would “badly” Oplas said. “We should do it now so affect regional andbefore globalChristtrade as that we can open just it accounts for 30 percent of the mas. If it gets contained, we can open world’s manufacturing sector. it again.” Clarete said in terms of car manAteneo Center for Economic Reufacturing, China is an important search and Development (ACERD) player as Director it suppliesSer batteries used Associate Percival by Tesla vehicles. Other commodiK. Peña-Reyes said closing the ties are borders bound to be affected country’s would be effec-by these lockdowns. tive but should still adhere to the He said Philippines, as a standards set the by the World Health value adder in the manufacture Organization (WHO). of electronic What is needed,products, Peña-Reyeswould told be affected through its imports. this newspaper, is for travel restricThese will swiftly also affect tions to beimports put in place and

the country’s top export product, semiconductors. Clarete said factories, including Philippine Economic Authorfor government to beZone proactive in ity (Peza) locators, would experiimposing them. ence a slowdown as the “holdup in Previous instances when the global supply” will drag industrial country had the opportunity to imperformance. pose travel restrictions did not preis likeof the curse of globalizavent“This the spread Covid-19. That was tion. The global supply chains mainly because the decision washave not to innovate into more participants made immediately, he said. in“Kung the chain to manage the[If riskwe’re such papatay patay as lockdown in a supplying country,” slow] and we get caught flat-footClarete told this newspaper. ed, [that’s risky] We were too re“For now, Philippines] active instead of[the proactive before. could focus on non-tradables like We should learn from that,” Peñafood and agriculture, processed Reyes said. “It’s a delicate balancing food thetodomestic market, act. Wefor need push testing and mining to stockpile, [as well as] tracing to be properly informed such as Blanket/shotgun tourism and BPO ofservices our decisions. [Business Process Outsourcing],” approaches could have dire consehe added. quences on the economy.” See “China,” A2 See “Omicron,” A2

NEW COVIDBORROWINGS CURBS PULL NATL GOVT w w

n Tuesday, April 19, 191 Monday, November 29, 2022 2021 Vol. Vol.17 17No. No.52

P25.00 P25.00 nationwide nationwide || 22 sections sections 22 20 pages pages ||

DOWN FLOW FOR 10 REMITTANCE MOS DIP TO P2.75T

Capping prices, Omicron food exports risk wrong inflationspurs busters–WB revival of quarantine rules in PHL

By Bernadette D. Nicolas

@BNicolasBM

HE national government’s gross borrowings as of end-October shrank by almost 6 percent year-on-year to P2.75 trillion.

By Cai U. Ordinario @caiordinario

Latest data from the Bureau of the Treasury showed that the government’s gross borrowings during the 10-month period fell by 5.99 percent from P2.92 trillion a year ago. With only two months left for this year, the latest figure is already equivalent to 89.6 percent of its P3.07-trillion borrowing program. Broken down, gross domestic borrowings from January to October settled at P2.23 trillion, down by 5.08 percent from P2.35 trillion in 2020. The bulk of the amount was PEOPLE walk past the mural of Gat Andres Bonifacio at Manila City Hall Underpass. sourced from Fixed Rate Treasury Thetheir country celebrate 158th birth anniversary of office Filipino TAXPAYERS are given an unusual incentive as they pay taxeswill at the Bureauthe of Internal Revenue regional in revolutionary Pasay City. The BIR said there will be no extension of the April 18, 2022, deadline for Bonds (P1.19 trillion), followed by ROY DOMINGO heroare Gatallowed Andresto Bonifacio on Tuesday, 30.2022, the filing and payment of taxes for 2021, but taxpayers amend their returnsNovember until May 16, without penalties. NONIE REYES short-term borrowings from Bangko Sentral ng Pilipinas or BSP (P540 By Bianca Cuaresma @BcuaresmaBM billion), Retail Treasury Bonds/Premyo Bonds (P463.3 billion), Retail Onshore Dollar Bonds (P80.84 billion). In the same period, there was By Jasper Emmanuel Y. Arcalas dating its registry following the them. This allows everyone to see also a net redemption of Treasury @jearcalas enactment of the Coconut Farmwho are listed in the registry and if Bills amounting to P43.94 billion. By Bernadette D. Nicolas “Thisdoesn’t report only shows that thehe ers and Industry Trust Fund law. farmer see his name then Net debt redemption means @BNicolasBM Philippine government has always ORE than 3 million Rosales explained that about shall coordinate with the PCA imthere were more debts repaid combeen supportive of our IPAsatinatheir coconut farmers and 500,000 coconut farmers and mediately,” he explained recent pared to the amount borrowed durINANCE Secretary and operations and investment promoworkers are now regisworkers were added to the PCA’s dialogue with coconut farmers. ing the period. Fiscal Incentives tion“On efforts,” was tered with the government’s reg2018 list that had about 2.5Review million theDominguez other hand, if quotpeople Meanwhile, gross foreign borBoard (FIRB) Chairman ed as saying during a recent DOF istry, which serves as the basis coconut farmers and farm workers. would see names on the list and rowings in the same period also Carlos G. Dominguez III said Executive Committee meeting. for the number of people to be The PCA’s next step is to conthey think they are not coconut contracted by 9.7 percent to P518.7 investment promotion agen“It is only right that they [IPAs] covered by the utilization of the duct an exclusion-inclusion profarmers or their details are incorbillion from last year’s P574.4 billion. cies (IPAs) should maximize the maximize the budgetary support P75-billion coconut levy fund. cedure by making the updated rect, they can report it to the PCA This was raised through global The (P146.17 Central Bank reported on ary to February cash remittance inbudgetary supportpublic, that they get they get from theaction,” nationalhe governPhilippine Coconut Authority farmers’ registry providfor immediate added. bonds billion), program Monday that cash remittances flow in 2021 was at $5.078 billion. from the national government ment, and translate their efforts (PCA) Deputy Administrator Roel ing everyone the opportunity to The PCA official noted that loans (P139.98 billion), euro-decoursed through hitbillion), $2.509 Broken down, and focus on attracting more into attracting more M. Rosales saidboth aboutland-based 3.11 million check the veracity of the list, Rothe completion of theeconomiinitial list nominated bondsbanks (P121.97 billion inloan February thisbillion), year, upand by overseas Filipino workers (OFWs) foreign investments amid the cally stimulating and productive coconut farmers and farm worksales added. of coconut farmers registry would a project (P86.41 1.3 percent from $2.476 billion regand sea-based OFWs were able to Covid-19 pandemic. foreign investments, especially in ers have been registered with the “The list will be posted in public be just in time for the expected yen-denominated samurai bonds istered in the same month in 2021. grow their remittances in FebruDominguez made the remark this time of the pandemic, that government since it started upspaces where people can easily see rollout of coconut levy-funded (P24.19 billion). The growth, however, was the ary this year. In particular, landin response to the report of the would create jobs and supercharge See “Borrowings,” A2 slowest monthly remittance growth based OFWs’ remittances increased FIRB Secretariat that the naour economy,” he added. for the country since January 2021, by 1.2 percent from $1.983 billion tional government spent a whopHowever, the Philippine EcoUS$2.007 50.4600billion n JAPAN n UK 67.2329ping nP58 HKbillion 6.4722 for nitsCHINA 7.9013 n nomic SINGAPORE 36.8968 (Peza) n AUSTRALIA when it contracted by 1.7 percent. n to while0.4374 sea-based budgetary Zone Authority and The BSP said the growth was workers grew theirs by 1.6 percent support to IPAs in the last five the PHIVIDEC Industrial Auslower due in part to the reimpofrom $493 million to $501 million. years. thority (PIA) were not included sition of restrictions in overseas The BSP also said the growth in Of the total, P5.07 billion in the list of budgetary support Filipino host countries and the cash remittances from the United was received in 2021 alone by recipients, as the two agencies Philippines amid a resurgence in States, Japan, and Singapore conthe IPAs from the government, are already self-sufficient and Covid-19 cases across the globe. tributed largely to the increase in according to DOF Assistant do not receive budgetary support For the first two months of the remittances in the first two months Secretary and FIRB Secretariat from the national government. year, cash remittance grew by 1.9 of 2022. Head Juvy Danofrata. See “Investment,” A2 percent or $5.177 billion. The JanuSee “New covid,” A2

ORLD Bank economists have warned countries against imposing price controls and restricting food exports as a means of arresting rising domestic food prices. In a blog, World Bank economists Clemens Graf von Luckner and Kathryn Holston as well as Senior Vice President and Chief Economist of the World Bank Group Carmen Reinhart noted that food prices have been climbing since the pandemic began. The economists also raised alarm bells on the impact of the Ukraine-Russia war, the first war in Europe since 1945, noting it also contributed to the rise in food prices. Some countries have seen an increase in food inflation of above 4 percent. “A food crisis on the scale of 2008 may or may not repeat itself in 2022. But whether it does or it does not, policymakers across the globe would do well to avoid the mistakes of the past,” the economists said. “A pre-emptive and rapid response from the international community addressDuterte the food programs as to President price crisis is critical to prevent is expected to sign the industrythe worst humanitarian outcomes development plan in early 2022.and

‘INVESTMENT PROMOTING UNITS OVER 3-M FARMERS LISTED FOR P75-B MUST USE BUDGET BOOST WELL’COCO LEVY FUND

ILIPINO migrant workers still managed to send more money back home in February this year, despite the reimposition of lockdowns due to the resurgence of the cases during the month. The growth in remittances, however, is the slowest recorded in more than a year, data from the Bangko Sentral ng Pilipinas (BSP) showed.

PESO EXCHANGE RATES

PESO EXCHANGE RATES n US 51.9750

Rosales said the PCA will not stop updating its list of coconut farmers and enjoined them to register in order to reap the benefits of the decades-long idled coconut levy fund. “We will not stop at 3.1 million. We hope that more individuals will register in our coconut farmers registry,” he said. The updating of the coconut farmers registry is mandated by Republic Act (RA) 11524 or the Coconut Industry Trust Fund Act. See “3-M farmers,” A2

By Samuel P. Medenilla @sam_medenilla

NTER NATIONA L concerns over the possible spread of the “A food crisis on the scale of 2008 may or may more infectious Omicron Conot repeat itself in 2022. But whether it does vid-19 variant prompted the govor it does not, policymakers across the globe ernment to reimpose mandatory would do well to avoid the mistakes of the facility-based quarantine for all past.”—World Bank economists arriving passengers in the country. Acting Presidential spokesperlessen the B. risk of panicky policy son Karlo Nograles announced responses,” they added. on Sunday that the Inter-Agency TheForce economists the 2008 Task for thesaid Management food crisis was aggravated by the of Emerging Infectious Diseases restrictions imposed by a third of (IATF) suspended the implemenall emerging markets and developtation of its Resolution No. 150ing countrieseffectively (EMDEs). imposing A (s.2021), However, since theall pandemic, stricter protocols for inbound the economists said the onset of travelers. theToRussia-Ukraine war, EMDEs note, IATF Resolution 150have implemented these policies. A had allowed fully vaccinated One caveat, the economists non-visa travelers from Greensaid, List is the difficulty in removing areas to enter the country these withpolicies lead to larger out thewhich need could for facility-based economic “distortions.” quarantine as long as they secure Another common policy that negative Reverse Transcriptioncountries, especially low-income Polymerase Chain Reaction (RTcountries, to is price PCR) test often withinresort 72 hours prior control. Governments implementto their departure. ed “Except these as for thecountries purchasing power classified of households weakened. as ‘Red,’ the testing and quarantine See “WB,” A2 protocols for all inbound international travelers in all ports of entry shall comply with the testing and quarantine protocols for ‘Yellow’ list countries,” Nograles said, citing the provision of IATF Resolution No. 151-A. He noted Hong Kong, which has confirmed a case of the Omicron variant, will also fall under the Yellow list countries. The suspension of the rules for “Green List” countries will be in effect from November 28, 2021 to December 15, 2021. Continued on A2

36.2807 n EU 56.5758 n SAUDI ARABIA 13.4531

n JAPAN 0.4112 n UK 67.8897 n HK 6.6269 n CHINA 8.1579 n SINGAPORE 38.2817 n AUSTRALIA 38.4147 n EU 56.1798 n SAUDI ARABIA 13.8600

Source: BSP (November 26, 2021)

Source: BSP (April 18, 2022)

News

BusinessMirror

A2 Tuesday, April 19, 2022

BBM keeps huge lead over rivals, gets 57% in OCTA

ITH less than three weeks before the May 9 elections, presidential frontrunner Ferdinand “Bongbong” Marcos Jr. continues to dominate key surveys conducted by established pollsters.

Based on the April 2-6 OCTA Research Tugon ng Masa survey released on Sunday, Marcos scored 57 percent preference votes from 1, 200 respondents. Marcos even went up by two percentage points compared to his 55-percent voter preference last February 2022. The OCTA Research did not release its March survey, saying it was commissioned by a private firm. Leni Robredo is still lagging far behind with 22 percent, Isko Moreno with 9 percent, Manny Pacquiao, 7 percent; and Ping Lacson 4 percent. The Partido Federal ng Pilipinas (PFP) standard-bearer also maintains his lead in the National Capital Region (NCR) with 35 percent, 66 percent in Balance Luzon, 56 percent in the Visayas and 50 percent in Mindanao. Marcos was also the top choice in

Class ABC with 52 percent; got 59 percent in Class D, and 44 percent in Class E. By age group of voters, Marcos got the highest score from those aged 18-24 years old with 77 percent; 2534 years old with 62 percent; 35-44 years old, 46 percent; 45-54 years old, 50 percent; 55-64 years old, 54 percent; 65-74 years old, 53 percent; and 75 and up, 36 percent. In the leaked March survey of the Social Weather Station (SWS), Marcos was also seen as the runaway winner after his voter preference went up by 8 percent from its previous survey. He obtained a 58-percent voter preference in the March 2022 survey—a substantial increase from his 50-percent survey rating in January. VP Leni Robredo remained in far second with 18 percent voter

MARCOS

ROBREDO

preference in March or down by 1 percent as compared to her 19-percent voting preference in January. The Marcos camp noted that the numbers of the former senator continue to rise as the elections come closer. In the October 2021 SWS survey, Marcos scored 47 percent, while in December 2021 his numbers increased to 51 percent. Last January, he got 50 percent before scoring 58 percent this March. Meanwhile, Robredo remained below 20 percent in the SWS survey since October 2021. She scored 18 percent in October 2021, 14 percent in December, and 19 percent in January, then went back to 18 percent this March.

declared that Marcos could be the first “majority president” in the country under a multiparty setup, after maintaining his enormous lead against his rival. Based on the results of Pulse Asia’s pre-election polls released in March, Marcos dominated the presidential derby with a 56-percent voter preference. Robredo was at distant second with 24 percent, followed by Domagoso at 8 percent; Pacquiao with 6 percent and Lacson at 2 percent. In an earlier interview over SMNI, Ana Tabunda, Research Director of Pulse Asia, said that while it was still statistically possible for Robredo—whose ratings climbed 9 points then—to catch up with Marcos, it would be a very steep climb, requiring not only that she move up 16 percentage points, but also that Marcos shed 16 percentage points. “Maaaring magbago, ang tanong e, kung makakahabol pa. Hindi naman imposible pero medyo mahirap po kasi 32 points yung gap [Things could change; the question is, can she still catch up? It’s not impossible, but quite hard because of the 32-point gap],” she explained.

First ‘majority president’

ALSO earlier, the Pulse Asia survey

Dela Rosa... Continued from A14

Francisco’s wife said that when she confronted the Manos at the NBI headquarters in Manila following their arrest, one of them claimed it was given by her husband, even while admitting the abduction. He also told her Francisco “went under” in Laguna, which meant the victim had been killed and buried. The woman told the committee that the wristwatch was already with the NBI and being kept as evidence. Testifying before the committee Nicolas and his brother denied all of the claims, although it was caught and recorded by Francisco’s wife. Questioned by dela Rosa about the kidnapping, their relationship with policemen, the wristwatch and their conversation with Francisco’s wife, the brothers denied everything and professed their innocence even if they were seated beside Ramos, as the committee chairman, himself a former National Police chief, could not help observing. In capping the hearing, dela Rosa appealed to the police and the NBI to make sure their investigations into the cases of the missing 34 sabungeros will yield positive results, stressing that justice must be served to the victims and their families no “matter how rich and powerful” the suspect[s] are. Lawyer Noel Bocaling, the NBI assistant regional director and agent in charge, said like the senators, they wanted to solve the cases because they too, are very concerned. He said the country was mired by cases of desaparecidos a long time ago and “now, it is happening again.”

www.businessmirror.com.ph

China...

Continued from A1

However, Action for Economic Reforms (AER) Coordinator Filomeno Sta. Ana III said that while China’s impact on the global and regional economy is significant, the situation in other parts of the world is far worse. Sta. Ana said media outlets’ reports on the Covid-19 situation in China “are exaggerated” and that there was no reason for China not to be able to contain the spread of Covid-19. He added that with more vaccines and even medication, China is in a better situation to fight the pandemic. He said the track record of China in fighting the virus speaks for itself as the outbreak in Wuhan was “decisively flattened.” “That said, the disruptions in China will affect supply chains and trade. But the problem in relation to the current Omicron surge is temporary,” Sta. Ana told BusinessMirror.

Weakened influence

MEANWHILE, Freedom from Debt Coalition (FDC) President Rene Ofreneo thinks the role of China as the “growth locomotive of Asia” has already been significantly diminished. The numerous disruptions have eroded the leadership of China. Ofreneo added that China’s internet growth was affected by the resurgence of Covid and the real estate crisis as seen with Evergrande. Further, Ofreneo said China’s Belt and Road Initiative has become less visible and its lending

programs to Sri Lanka and Pakistan have highlighted the “danger” faced by borrowing countries when they secure Chinese loans. The partnership of China with Russia, Ofreneo said, has also affected China’s position in regional and global affairs. He said the partnership has been “denounced by the West” and affected the global economic order. “All the foregoing have serious implications on the Philippines. Lately, the government is no longer as gung-ho as before in discussing advantages of trade and investment partnership with China,” Ofreneo told BusinessMirror in an e-mail. These developments, Ofreneo said, prompts the Philippines to strengthen its domestic capacity by boosting its industrial and agricultural growth. This also makes it imperative for the next administration to invest in local talents or improve the skills of Filipinos. There is a need, Ofreneo said, to “restrategize growth” of the Philippine economy. Bloomberg recently reported that the lockdowns to contain the country’s worst Covid outbreak since early 2020 have battered the economy, stalling production in major technology and financial hubs like Shenzhen and Suzhou, and halting spending by millions of people shut in their homes. (Story: https://businessmirror. com.ph/2022/04/16/heres-howchinas-lockdowns-are-ripplingthrough-the-economy/)

Investment... Among the IPAs that received budgetary support from the government are: the Authority of the Freeport Area of Bataan (Afab), Aurora Pacific Economic Zone and Freeport Authority (Apeco), Board of Investments (BOI), Bases Conversion and Development Authority (BCDA) Group, Cagayan Economic Zone Authority (Ceza), the Subic Bay Metropolitan Authority (SBMA), the Tourism Infrastructure and Enterprise Zone Authority (Tieza), and the Zamboanga City Special Economic Zone Authority (ZCSeza). Danofrata also said Afab allocated all of its budget to capital outlays or the purchase of new assets while SBMA and Tieza allocated 100 percent of their budget to maintenance and other operating expenses (MOOE). On a five-year average from 2017 to 2021, the BCDA group, which consists of the Clark Development Corporation (CDC), the John Hay Management Corporation (JHMC), and the Poro Point Management Corporation (PPMC), have received

the largest budgetary support at P7.47 billion combined, with 83 percent of the budget allocated to the group’s MOOE. This is in addition to the authority of the IPAs to exact fees and other charges from their locators and registered business enterprises (RBEs). To recall, the Cabinet-level FIRB earlier denied Peza’s appeal to allow 100 percent work-from-home (WFH) arrangement for the RBEs in the Information Technology Business Process Management (IT-BPM) sector until September 12 this year, arguing that their decision was meant to encourage post-pandemic recovery by stimulating economic activity. The FIRB upheld its Resolution No. 19-21, allowing the WFH arrangement not exceeding 90 percent of the total workforce of registered IT-BPM enterprises only until March 31 this year. The DOF also pointed out that IT-BPM companies in ecozones and are registered with IPAs are free to adopt WFH arrangements but they must give up their tax incentives.

New Covid... Meanwhile, in terms of country sources, the US registered the highest share of overall remittances at 41.6 percent in January-February 2022, followed by Singapore, Saudi Arabia, Japan, the United Kingdom, the United Arab Emirates, Canada, Taiwan, Qatar, and Malaysia. The combined remittances from these top 10 countries accounted

WB...

Continued from A1

for 79.3 percent of total cash remittances during the period. Economists have flagged the role of remittances in keeping the economy afloat especially during the pandemic, particularly through its power to increase local consumer spending, support the local currency through steady dollar inflows and add to the country’s gross international reserves (GIR).

Continued from A1

The economists said these policies were “misguided” and could “dampen investment and growth, worsen poverty outcomes, cause countries to incur heavy fiscal burdens, and complicate the effective conduct of monetary policy.” The authors added: “At times of rapidly rising food prices, a less distortionary policy response to support the poorest households is through targeted social protection programs that are both more progressive and, possibly, less damaging to government finances.” Yet, they said, “the setup of targeted transfers requires more time

and government capacity than flat subsidies. Timely action requires a prompt start.” Since December 2019, food prices in countries like Lebanon, Colombia, Kazakhstan, Mongolia, Togo, and Tajikistan have posted at least double-digit increases, according to the economists. Southeast and East Asian economies in the list of those experiencing food price increases of over 4 percent were Hong Kong and Indonesia. In the Philippines, food inflation averaged 4.5 percent in 2021. In the first quarter of 2022, food inflation averaged 3.4 percent.

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The Nation BusinessMirror

Vatican: 1,603,283-M Pinoys baptized as Catholics in ’20 By Samuel P. Medenilla @sam_medenilla

HE Philippines has registered the most number of baptized Catholics worldwide based on the latest data from the Vatican. Citing the Statistical Yearbook of the Church (SYC) 2020, Papal Nuncio to the Philippines Archbishop Charles John Brown said 1,603,283 million Filipinos were baptized in the country in the said period. He noted this was higher compared to those baptized in Mexico (1,537,710), Brazil (1,126,152) and even in the entire Europe (1,533,666). Brown lauded the latest figures, which he said showed how the country continues to be one of the bastions of Christianity worldwide five centuries after it was introduced to the faith. “I am glad to share that the Phil-

ippines has the highest number of baptisms in 2020 compared to other places in the world. A living testament of faith in the 500 years of Catholicism in the country,” Brown said in an interview with Church-run Radio Veritas on Sunday. To note, the country also registered 1.6 million baptisms in 2019, specifically for children under the age of 7. But for the overall number of baptized, which includes both children and adults, it ranked third worldwide with 89 million, next only to Brazil, which had the most number of baptized at that time with 177 million and Mexico with 115.5 million. According to an article from the Catholic News Agency, the 2020 edition of the Pontifical Yearbook as well as the SYC showed there were already 1.36 billion Catholics worldwide. About half or 48 percent of these Catholics are based in the Americas.

DA urged to lift restriction on PAP imports from Italy By Jasper Emmanuel Y. Arcalas @jearcalas

QUACULTURE stakeholders are urging the Department of Agriculture (DA) to allow the importation of processed animal protein (PAP) from Italy to avert a possible shortage in raw material supply and mitigate the impact of the Ukraine-Russia conflict on prices of feeds and fish products. Tugon Kabuhayan, a food security advocacy group, proposed to the DA to lift the temporary import ban on porcine PAP from Italy to ensure sustained production of affordable aquaculture feed products in the country. In January, the DA banned the importation of pork products, including PAP from Italy after the European country confirmed an outbreak of African swine fever (ASF). The group pointed out that porcine PAP is one of the critical protein ingredients of aquaculture feeds in the country with estimated annual imports of 150,000 metric tons (MT). The group disclosed that Italy accounts for about 70 percent of the country’s annual imported PAP. The group stressed that the temporary ban on Italian PAP is “problematic” and “detrimental” to the aquaculture industry since aquaculture feed manufacturers lost one of its protein ingredients. “PAP is very safe. Unlike frozen pork, PAP undergoes a very strict process that involves very high heat,” the group said at a virtual news briefing on Monday. “Our proposal is for the allowance of the entry of PAP for use strictly in aquaculture and to be imported only by companies who are producing aquaculture feeds,” the group added. The group said the production process of PAP and aquaculture feeds involve high temperature that kills or deactivates any living organisms, making the end product safe for consumption and usage. Chris Co, vice president of Overseas Feed Corp., said the temporary closure of Italy for PAP exacerbated the global supply chain situation that has been plagued by persist-

ing Covid-19 related problems and recently by the consequences of the Ukraine-Russia war. Co explained that PAP remains as one of the affordable protein ingredients for aquaculture feed as other protein ingredients like soybean meal has seen prices skyrocketing due to global supply disruption caused by the Ukraine-Russia war. “We have to look at other options, including rendered meals which are restricted from certain countries due to ASF,” he said. “We understand the need to protect the local industry but we also need to be more realistic with our restrictions. Putting too many restrictions makes it unrealistic,” he added. Co explained that if the ban on Italian PAP will not be lifted then aquaculture feed manufacturers would be forced to source alternative protein ingredients, which could be more expensive. This, Co pointed out, will push feed manufacturers to increase prices that could result in a domino effect on prices of fish products like tilapia and bangus. “We want to have more options. Some feed mills that will not be able to source their protein ingredients might be forced to shut down,” he said. “If that happens the supply chain will be further disrupted. We are just asking for some exemption, not total exemption to the ASF restrictions on Italy.” Norberto Chingcuanco, Feedmix Specialist Inc. vice president, said Italian PAP suppliers have assured them of sufficient stocks should trade of the product with the Philippines resume. However, Chingcuanco noted that raw material for aquaculture feeds continue to increase beyond 30 percent. “Higher prices are very hard but at least we have the supply. The worst thing is if we do not get the supply,” he said. “The chain of disruptions is very long. We are negotiating better prices but European suppliers are shipping to China, Vietnam because these countries do not have restrictions on PAP. Only the Philippines banned it,” he added.

Editor: Vittorio V. Vitug • Tuesday, April 19, 2022 A3

Senator vows to refile SIM card registration bill vetoed by Palace By Butch Fernandez @butchfBM & Jovee Marie N. Dela Cruz @joveemarie

NDETERRED by a presidential veto, Senator Sherwin Gatchalian vowed to refile and ask Congress to pass anew an awaited remedial legislation mandating registration of all subscriber identity module (SIM) cards for cellphones to be registered “to protect the public from those carrying out wicked schemes and illicit activities.” The senator signaled Monday his determination to pursue passage of an enabling law, requiring registration of all SIM cards being used in the country as “a means to combat fraudulent digital activities.” The chairman of the House Committee on Information and Communications Technology, meanwhile, sought for clarification from the Office of the President (OP) as to what provisions in the enrolled SIM Card Registration Bill infringe upon the freedom of speech and the right to privacy of individuals.

Expound on veto message

IN response to the veto, committee on information and communications

technology (ICT) panel chairman Rep. Victor A. Yap, also a primary author and sponsor of the bill, implored OP to expound on its veto message. “Freedom of speech is not an absolute right. The government has the power—nay even the duty to regulate it for the common good of its citizens. There is nothing in the bill that prohibits free speech nor invade the privacy of an individual,” said Yap. On April 14, 2022, 28 days after the bill was transmitted to the OP, President Duterte vetoed the consolidated House Bills 5793 and Senate Bill 2395, otherwise known as the SIM Card Registration Bill.

Better understood

REACTING to the presidential veto, Gatchalian stressed it “should be understood by the people,” referring to the process of the two chambers of Congress passing a bill that needs to be signed by the President to be enacted into law. “Dapat maintindihan ng mga kababayan natin ang proseso ng paggawa ng batas. Ang may kapangyarihan na gumawa ng batas ay ang lehislatura pero hindi magiging batas ang isang panukala kung walang pirma ng

Presidente at ang ehekutibo rin ang magpapatupad ng batas,” Gatchalian said reacting on the president’s veto of the bill. Gatchalian, author of Senate Bill (SB) 176, or an Act Requiring The Registration Of All Users of Pre-Paid Subscriber Identity Module (SIM) Cards, said it should be understood, referring to the “need to separate the legislation on social media after a more thorough and comprehensive discussion.” “Ito ang isa sa mga una kong ihahain ‘pag tayo ay nakabalik sa Senado. Pero ihihiwalay ko ang panukala para sa social media para mas malalim at mas komprehensibo ‘yung detalye pagdating sa pagmamandato nito,” he said, noting that social media is “being used for many things.” He added: “Aminado ako na ang social media ay nagagamit ngayon sa maraming hindi magagandang bagay. Unang una, yung mga troll, ako mismo nabiktima. Aatakihin ka at sisirain ang puri mo.” Citing the wide reach of social media, Gatchalian asked: “Saklaw pa ba ng NTC [National Telecommunications Commission] ’yung Facebook, Instagram o Tiktok accounts na ino-operate sa China?” He added there are complications that need to

be addressed. “There are such complications that should be resolved,” the senator said, indicating he is open to fixing the law to make it clear. “May mga ganun na komplikasyon na dapat ayusin. Ako naman ay bukas na ayusin pa ’yung batas para maging klaro. But in theory, dapat totoong tao lang ang mag register sa social media.” Gatchalian, in defending “the necessity of SIM card registration,” reminded that “criminals have been abusing the anonymity to carry out their nefarious activities and this reduces the confidence of the public in using their mobile phones in doing online or digital transactions for fear of falling victim to fraudsters.” The senator stressed that the bill seeks to “promote accountability” in the use of SIM cards and sets mechanisms that will make it difficult for criminals to commit mobile phone, Internet or electronic communication-aided criminal activities. Moreover, he added that the envisioned remedial legislation will “provide law enforcement agencies with tools to deter the commission of wrongdoings and come up with needed evidence trails that can easily lead to the resolution of cases.”

NGCP completes DepEd order suspends classes in all levels restoration of from May 2 to 13 for natl and local polls storm-hit Bohol power lines By Claudeth Mocon-Ciriaco @claudethmc3

By Lenie Lectura

@llectura

HE National Grid Corporation of the Philippines (NGCP) has completed the restoration of transmission lines that were affected by Typhoon “Agaton” (international code name Megi). Electricity in Bohol has now been restored after NGCP energized the Ormoc-Maasin 138kV line 2 at 7:31 p.m. on April 17 and the MaasinUbay 138kV line linking Leyte to Bohol, at 10:14 a.m. on April 18, respectively. Emergency Restoration Systems (ERS) were installed to bypass towers of the Ormoc-Maasin Lines 1 and 2, which were affected by a landslide triggered by the typhoon. NGCP said there are more than 100 linemen and support personnel deployed and worked through the Holy Week to manually transport the ERS to the restoration area and conduct clearing activities necessary for the installation of the ERS. The grid operator is currently working towards the restoration of the Ormoc-Maasin 138 kV Line 1 to further strengthen the reliability of transmission services in the area, as well as planning the permanent restoration of the affected towers. NGCP assured the public that it is continuously monitoring weather disturbances and is ready to activate its Overall Command Center should there be any threat to its transmission facilities.

N line with the upcoming May 9 national and local elections, the Department of Education (DepEd) announced on Monday that classes in all levels in public schools are suspended from May 2 to 13. The DepEd reiterated its Order

No. 29 series of 2021 issued on August 5 last year, suspending classes due to “national election-related activities” of teachers and the department’s personnel. “Ang mga guro ay inaasahan pa ring mag-report sa kanilang paaralan sa mga araw na walang election-related duties o activities [The teachers are still expected to report in their re-

spective schools on days with no election-related duties or activities],” the DepEd, however, said. Teaching and non-teaching personnel will render their services in the upcoming elections. Teachers will serve as Electoral Board (EB) and Poll Workers as over 67 million Filipinos are expected to cast their votes on May 9, 2022.

SC justices convene in Baguio for the first time in two years By Joel R. San Juan @jrsanjuan1573

HE 15-man Supreme Court on Monday resumed its annual summer sessions in Baguio City after a two-year hiatus due to the Covid-19 pandemic. Chief Justice Alexander Gesmundo led his fellow magistrates, Court officials and employees during the flag-raising ceremony held at the SC Baguio Compound in Baguio City. Also present during the ceremony were Senior Associate Justice Estela M. Perlas-Bernabe, Justice Marvic M.V.F. Leonen, Justice Alfredo Benjamin S. Caguioa, Justice Ramon Paul L. Hernando, Justice Amy C. Lazaro-Javier, Justice Henri Jean Paul B. Inting, Justice Rodil V. Zalameda, Justice Mario V. Lopez, Justice Ricardo R. Rosario, Justice Japar B. Dimaampao, Justice Jose Midas P. Marquez, and Justice Antonio T. Kho Jr. It was the first flag-raising ceremony in the Supreme Court Compound in Baguio for Justice Zalameda, Justice Lopez, Justice Rosario, Justice Dimaampao, Justice Marquez, and Justice Kho Jr. as Mem-

PNA FILE PHOTO

bers of the Supreme Court. The resumption of the Baguio summer sessions, according to CJ Gesmundo signals the gradual easing of the Court’s restrictions towards the new normal. “Baguio has always been our second home. It has provided us shelter from the elevating heat in Manila, but this time, it has given us a much-needed respite from our pandemic stress and weariness,” the chief magistrate said. “Resuming our summer session

here signifies that the Court is already easing its way towards the new normal. But this is not to say that we can [let] our guards down. Let us continue to practice safety protocols so that when we go back to our home in Padre Faura and to our families, we return as safe and healthy as when we left them,” he added. In his speech, CJ Gesmundo also praised Justice Leonen for the successful conduct of the first digitalized and regionalized 2020/2021 Bar Examinations.

Gordon pitches for long-term plan to keep people out of calamity ‘danger zones’

EN. and Philippine Red Cross (PRC) Chairman and CEO Richard J. Gordon has emphasized the need for a long-term plan to make sure people have the option to live in safe areas and not in danger zones, such as at the foot of mountains or near oceans. “There has to be a long-term plan, a big sit-down to ensure every province can make some alternatives for

the people,” Gordon said. This is the policy change Gordon wishes to see after the elections, he said when asked whether the campaign season has affected the Philippines’ assistance to areas hit by Typhoon Agaton. He explained that the country will alleviate human suffering by making sure it prevents it by predicting the areas that are prone to

disasters and adopting appropriate policies. The chairman has been an advocate of a national policy to move people living in dangerous areas to safer places. PRC built homes in a safer place for the survivors of the 2006 landslide in Barangay Guinsaugon, Saint Bernard town in Southern Leyte, which killed around 2,000 people. PRC

also built or repaired homes for survivors of Typhoon “Yolanda” (international code name Haiyan), which caused ocean surges as high as 6 meters and devastated the Eastern Visayas region in 2013. Overall, the PRC has built or repaired 80,000 homes for survivors of calamities in Eastern Visayas. Gordon vowed that the PRC will be helping populations af-

fected by Agaton in the long run, as it usually does for survivors of calamities. “The Red Cross will be here for the long haul, as usual,” he said. He mentioned that the PRC is still assisting survivors of Typhoon “Odette” (international code name Rai), which made landfall on Christmas eve of 2021. Gordon mentioned some preparedness measures that can be

adopted, such as having whistles to call for help during calamities, identifying high-risk areas and moving people, and training people especially for landslides. He highlighted the importance of having pre-positioned people and logistics in the regions, such as sirens, flares, pickax, shovel, payloader, torch and other lighting devices that can be used even at night.

A4 Tuesday, April 19, 2022 • Editor: Vittorio V. Vitug

Economy BusinessMirror

www.businessmirror.com.ph

‘Agaton’ farm damage hits ₧720 million–DA By Jasper Emmanuel Y. Arcalas @jearcalas

HE damage to the agriculture sector caused by Typhoon “Agaton” (international code name Megi) has climbed to over P720 million with 17,925

hectares of farms across six regions affected, the Department of Agriculture (DA) said Monday. The DA said the damage and losses reported in Western Visayas, Eastern Visayas, Zamboanga Peninsula, Soccsksargen and Caraga has reached P725.2 million. Based on its latest estimates, the DA added that about 19,424 farmers were a f fec ted , while 41,580 met-

ric tons (MT) of produce were damaged or destroyed by the typhoon. “Affected commodities include rice, corn, high value crops, and livestock. These values are subject to validation. Additional damage and losses are expected in areas affected by Agaton,” it said in its latest damage report issued Monday morning. The DA said the rice sector accounted for 92.68 percent of the total agricultural damage or about P672.2 million as of April 18 as the typhoon damaged 40,122 MT of produce across 17,318 hectares of farms.

High value crops (HVC) farmers lost P24.7 million as production loss from their sector reached 576 MT of vegetables, cacao and fruits from 197 hectares of land, according to the DA report. The DA said Agaton damaged 883 MT of corn worth P21.1 million. The DA added that the typhoon affected 409 hectares of corn farms. Livestock and poultry raisers reported P7.2 million in losses as 12,771 heads of chicken, swine, carabao, duck and goat were affected by the typhoon, according to the DA report.

The DA said it has prepared various assistance to affected farmers and fishermen, including seeds of rice, corn and assorted vegetables as well as drugs and biologics for livestock and poultry raisers. The DA added the Agricultural Credit Policy Council’s Survival and Recovery (SURE) program is on standby, while the Philippine Crop Insurance Corp. (PCIC) has sufficient funds to indemnify affected farmers. The DA also disclosed that it has a standby Quick Response Fund (QRF) for the rehabilitation of the affected areas by Agaton.

Oil firms hike gas, diesel, kerosene pump prices BBM to bring down rice price, make staple affordable for every Filipino household By Lenie Lectura

@llectura

RESIDENTIAL frontrunner Ferdinand “Bongbong” Marcos Jr., will work to bring down the price of rice, a staple for Filipinos, in his administration, after he wins in the fast-approaching May 9 presidential elections. With barely three weeks remaining before the May polls, Marcos said in an interview that subsidizing the price of rice would be one of the options they will try to explore in the first year of his administration. He also disclosed plans to bring down the price of rice by P20 to P30 per kilo by recommending a price cap on the staple. But to be able to do this, he pointed to the need for a regular and thorough inventory of rice harvests in the country. The presidential bet said he would then issue an executive order directing the Department of Agriculture (DA) and the National Food Authority, to procure rice harvests from local farmers at higher and more competitive prices. He said this would also be one way of preventing rice cartels from controlling the supply and demand of the product in the market. Marcos also reiterated his intention to amend the Rice Tariffication Law and make it more local farmer-friendly and to stop the country’s too much dependence on rice importations. “Hindi natin kailangang mag-import ng bigas kung sapat naman ang supply ng ating magsasaka dahil ang dapat mas pinapalakas pa natin ang pagtanim at pag-ani ng ating mga palay,” he said. The Partido Filipino ng Pilipinas standard-bearer pointed out that doing away with rice importations would ensure the livelihood of local farmers. He also clarified that his administration would still recognize the existing pacts entered into by the country but would now prefer to protect the interests of local farmers. Marcos said he would also allocate more funds for the DA and push for the full implementation of the Free Irrigation Law. “Masyado nang kawawa ang ating magsasaka dahil hindi pa nga sila sinasalanta ng bagyo at kalamidad ay may delubyo nang dumarating sa kanila dahil ultimo patubig ay sinisingil pa sa kanila,” he said. The presidential frontrunner cited anew his plans for having big, governmentowned storage facilities where farmers could stock their harvests and wait for buyers where they could sell their produce at more competitive prices. “Walang problema sa privately owned na bodega, ‘wag lang sanang abusuhin ang mga magsasaka sa mahal na pagsingil sa kanilang pagbobodega,”he explained. Marcos also said he will direct all concerned government agencies, including the barangays and local government units to act as middlemen in the national government’s procurement of rice harvests from local farmers as part of steps for lowering prices of rice in the local market. He also intends to lower the prices of fertilizers too, by providing assistance to local farmers through loans with feasible terms. The leading presidential candidate said he would also place more importance on research and development in agriculture to keep local farmers updated on innovations and technological advances and practices that would increase their yields.

IL prices are up again. On Monday, oil companies announced a price increase to take effect Tuesday morning. They said in separate advisories that gasoline prices will be sold P0.45

per liter more, P1.70 per liter higher for diesel, and P0.45 per liter more for kerosene. This is the 13th increase for pump prices since the year started. Oil price rollback, meanwhile, was implemented three times last March 22, April 5 and 12.

The price rollback last week resulted to the year-to-date adjustments to stand at a net increase of P15.00/liter for gasoline, P25.65/liter for diesel and P21.10/liter for kerosene. Oil firms adjust their pump prices every week to reflect movements in the world oil market.

North Cotabato abaca farmers get ₧300K assistance from DAR By Jonathan L. Mayuga @jonlmayuga

BACA farmers from North Cotabato got a much-needed boost from the Department of Agrarian Reform (DAR) with the recent turnover of P300,000 worth of enhanced abaca processing and drying center. The facility was turned over to the Perez ARB (agrarian reform beneficiaries) Rubber Farmers Association of Barangay Perez, Kidapawan City, to help improve the quality of abaca fiber they produce. Aside from the facility, the abaca farmers would also benefit from a P2 million worth project entitled, “Environment Responsible Abaca Value Chain to North Cotabato Farmers,” through the World Vision Development Foundation, with funding support from the government of Singapore. With the enhanced processing

and drying center, the farmers are expected to further improve their livelihood and increase their income, DAR Assistant Regional Director and concurrent Provincial Agrarian Reform Program Officer II Rodolfo Alburo said in a news statement. Provided through Village Level Farm-focused Enterprise Development (VLFED) project, the farmers will also undergo skills and institutional training as part of the soft component of the project. “Through the training, our farmers were already producing and selling abaca by-products such as bags, slippers, placemats, bags, and twines, among others,” he said. Meanwhile, World Vision’s Program Officer Samuel Ocon said the P2-million project would highlight the expansion of abaca production by establishing more nurseries in the area, which will directly benefit 500 farmer-beneficiaries. “The project will help further

develop farmers’ knowledge of environmental protection and climate change adaptation, and generate alternative livelihood to promote and improve the sustainability approaches of the community,” Ocon said. During the turnover ceremony, the convergence efforts of different government agencies and nongovernment organizations, such as the Philippine Fiber Development Authority, Department of Trade and Industry, local government of Kidapawan City, and the World Vision Development Foundation, were recognized for boosting the abaca industry and for extending assistance to the recipient ARB organization. In the acceptance speech of the project, Association President Allan Masibay Sr., expressed his gratitude to all the agencies that extended their help in reviving and expanding the abaca production in their barangay.

Hunting for data and believing in tech

By Henry J. Schumacher

ODAY, I would like to highlight two interesting developments that we, working with data and data protection on one side, and with young people on the other have to be aware of.

Know your customers

AS data privacy protections ramp up, companies are starting to use contests, giveaways, loyalty programs, polls, and newsletters (yes! Even newsletters!) to capture customer data and create a trove of information for advertising. But, even though it’s more work upfront, amassing data directly may be responsible for saving these companies millions of dollars over time, potentially shifting the power balance away from Big Tech. With blanket data privacy becoming a bonafide movement, companies are coming up with

every strategy imaginable to capture information about their customers: • Miller High Life is collecting customer data (e-mails, birthdays, phone numbers, etc.) through online giveaways—a sort of “trade me your data for this branded patio set.” • Chili’s Grill and Bar has a loyalty program that collects “50 different bits of data,” such as what customers order. It can then tailor ads, coupons, or giveaways to their tastes or preferences. • Avocados from Mexico are creating a trove of data through a contest to win a truck. People enter by scanning a QR code, which the nonprofit then connects to names and e-mail addresses. PepsiCo Inc., which has already amassed 75 million customer records, says the in-house data collection has saved the company tens of millions of dollars in digital ad buys. The ultimate goal for many companies is to collect what is called the “golden record,” which could include hundreds of data points on customers, including what stores people visit, what they buy, and how much they typically spend. So, why the sudden rush to collect data themselves? With Apple having recently allowed users to opt-out of tracking (which they do 82 percent of the time), Google abandoning third-party cookies in 2023, and California and Europe having passed legislation to automatically protect user data, many companies know there’s a ticking clock to col-

lect as much as possible before it’s too late.

Young people believe in tech

GEN Z is all-in on tech, supporting everything from EVs (electric vehicles) to crypto to smart devices. While this might not surprise most in-the-know-readers, the overwhelming support for various connected innovations may show that concerns over data privacy, Big Tech’s dominance, and crypto market risks won’t stop young people from believing that tech can make our lives easier, more prosperous, and more enjoyable. A new Axios-Momentive poll found that people under 25 are very pro-tech: • 7 out of 10 would drive an EV…if they could afford one. • 1 in 4 invested in cryptocurrency. • Over half want drone deliveries to be normalized. • 67 percent want to live in a smart city, while 63 percent want smart homes. • And 82 percent want micromobility—electric scooters, e-bikes, etc.—to be accepted in public spaces. Young people are kind of dragging the rest of us forward. They’re more tech-savvy, more tech-friendly, more techno-optimists. I hope you are as excited as I am about these two movements which will have to be part of how we run our companies successfully. Feedback will be super exciting; contact me at hjschumacher59@gmail.com

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A5 Tuesday, Monday,April April19, 11,2022 2022 A7

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ESTABLISHMENT / ADDRESS No.

NAME OF FOREIGN NATIONAL , POSITION AND BRIEF DESCRIPTION

ESTABLISHMENT / ADDRESS QUALIFICATION AND SALARY RANGE

No.

3O BPO INCORPORATED 2/f Lcs Bldg South Super Highway, San Andres Cor Diamante St., 087, Barangay 803, Santa Ana, City Of Manila DARFSCHLAG, SVEN Customer Service Agent German 1.

Brief Job Description: Customer Service Agent interacts with the customer on behalf of the organization. Provide information about the products, services, responds to customer complaints as well. STENBERG, BONS PATRIK Customer Service Agent Swedish

Brief Job Description: Customer Service Agent interacts with the customer on behalf of the organization. Provide information about the products, services, responds to customer complaints as well.

16.

Basic Qualification: Native speaker.

Brief Job Description: Perform customer support via phone, chat and email both in English and their national language. KIM, HYEONOH Customer Service Specialist

Brief Job Description: Perform customer support via phone, chat and email both in English and their national language. YOON, JAEJOON Customer Service Specialist

Brief Job Description: Perform customer support via phone, chat and email both in English and their national language. YOON, KIHYUN Customer Service Specialist

Brief Job Description: Perform customer support via phone, chat and email both in English and their national language. KIM, DONGHYUN It Professional

Brief Job Description: Develop company’s software that is suitable to foreign employees. KIM, HYUK It Professional

Brief Job Description: Develop company’s software that is suitable to foreign employees. KIM, JONGRYUL It Professional

Brief Job Description: Develop company’s software that is suitable to foreign employees. AHN, CHUNGKYUNG Operations Specialist

10.

Brief Job Description: Build alliances & partnerships with other foreign organizations. PARK, SOOMIN Project Assistant

11.

Brief Job Description: Build alliances & partnerships with other foreign organizations.

Basic Qualification: Any nationality who can speak and write Korean fluently Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Any nationality who can speak and write Korean fluently

12.

Brief Job Description: Managing incoming calls and customer service inquires

17.

Basic Qualification: Any nationality who can speak and write Korean fluently Salary Range: Php 30,000 - Php 59,999

18.

19.

20.

Basic Qualification: Any nationality who can speak and write Korean fluently Salary Range: Php 30,000 - Php 59,999

21.

22.

23.

24.

Basic Qualification: Any nationality who can speak and write Korean fluently Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Any nationality who can speak and write Korean fluently

25.

Basic Qualification: Can speak mandarin.

Brief Job Description: Establish & manage a budget.

Salary Range: Php 90,000 - Php 149,999

26.

14.

Brief Job Description: Responsible and accountable for coordinated management of multiple related projects.

MUMMADI, SOMESHWER Project Manager 15.

Brief Job Description: Leads and directs teams to deliver a unique, high quality product, service or product support

ADITYA KRISTIANTO Bahasa Indonesian Language - Officer Customer Service

ANITAYAKUL, ALISA Thai Language - Officer Customer Service Brief Job Description: Initiate conversation to uncover customer needs.

PETCHMANEETAVEESIN, DOLRUTHAI Thai Language - Officer Customer Service Brief Job Description: Initiate conversation to uncover customer needs.

DANG THI THIEN THANH Vietnamese Language - Officer Customer Service Brief Job Description: Initiate conversation to uncover customer needs. HUYNH THI NGOC TRAN Vietnamese Language - Officer Customer Service Brief Job Description: Initiate conversation to uncover customer needs. TRAN THI BICH LAN Vietnamese Language - Officer Customer Service Brief Job Description: Initiate conversation to uncover customer needs.

Brief Job Description: Develop Optimize and Maintain conceptual and logical database models for project support in the preparation and execution phase

TITOV, EVGENII Procurement Manager

27.

AMDOCS PHILIPPINES INC. 23rd, 25th, And 26th Floors Eco Tower, 32nd St. Cor. 9th Ave. Bonifacio Global City, Fort Bonifacio, City Of Taguig

RAJESH CHANDRAN Program Manager

Brief Job Description: Evaluation of the systems’ problems to recommend enhancements

BETMAN, MAARTEN HENDRIK JAN Discipline Specialist

ALPHA CENTURY CONSULTANCY INC. Unit 215 Campos Rueda Bldg., 101 Urban Ave., Pio Del Pilar, City Of Makati

13.

TRAN THI BACH YEN Customer Support Specialist - Vietnamese Speaking

Salary Range: Php 150,000 - Php 499,999

CHAY YAO HENG Mandarin Supervisor

Basic Qualification: Bachelor’s degree gradate with experience in managing large projects & has knowledge in several key domain related program.

Salary Range: Php 150,000 - Php 499,999

No.

Salary Range: Php 30,000 - Php 59,999

DONG, LIPING Chinese It Support Specialist 30.

31.

Basic Qualification: Degree holder, must fluently speak and write Bahasa Indonesian, Vietnamese and Thai to cater foreign market. Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Degree holder, must fluently speak and write Bahasa Indonesian, Vietnamese and Thai to cater foreign market. Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Degree holder, must fluently speak and write Bahasa Indonesian, Vietnamese and Thai to cater foreign market.

Brief Job Description: Defining of the project specific procurement plan; selection of suppliers and subcontractors and monitoring quality, prices and delivery times for the project; Ensuring coordinating the timely delivery of materials, equipment and services at the designated location

MARTINEZ CABRERA, IVAN Survey Specialist 28.

Brief Job Description: Technical professional responsible for and is expected to initiate carry out and report on all topographic and hydrographic survey work for project

BOELEN, GERT JAN Works Manager 29.

Brief Job Description: Manages, monitors, and supervises the execution, according to the contract of a part of the dredging and reclamation project, often under the general supervision of the Package Manager. This function may be performed both on-shore and off-shore.

Brief Job Description: The IT SUPPORT SPECIALIST shall answer incoming Phone Calls From Clients and Troubleshoot customer Technical Problems with Computer Software and Hardware LE MINH ANH It Support Specialist

32.

Basic Qualification: Experience using help desk software and remote support tools Salary Range: Php 30,000 - Php 59,999

Brief Job Description: The Chinese IT SUPPORT SPECIALIST shall answer incoming Phone Calls From Clients and Troubleshoot customer Technical Problems with Computer Software and Hardware BUI THI DOAN TRANG It Support Specialist

Basic Qualification: Experience using help desk software and remote support tools Salary Range: Php 30,000 - Php 59,999

NAME OF FOREIGN NATIONAL , POSITION AND BRIEF DESCRIPTION

33.

Brief Job Description: The IT SUPPORT SPECIALIST shall answer incoming Phone Calls From Clients and Troubleshoot customer Technical Problems with Computer Software and Hardware

ADRIAN LAI TIAN XIANG Operation Analyst 34.

Brief Job Description: Providing analytical job in actual business operation for the company and its worldwide clients

QIU, PEI Mandarin Speaking Project Supervisor 35.

Brief Job Description: Acts as Liaison between low level employees and senior management. Performs tasks given by the management.

REN, HUAWEI Mandarin Speaking Project Supervisor

Salary Range: Php 30,000 - Php 59,999 36.

Salary Range: Php 30,000 - Php 59,999

Salary Range: Php 150,000 - Php 499,999 Basic Qualification: Extensive experience in the international dredging industry with focus on procurement and logistics management; Proven successful relevant experience of at least 10 years in the international dredging, land development industry and construction.

Basic Qualification: 12 years as surveyor on international dredging, land reclamation or construction projects

Brief Job Description: Acts as Liaison between low level employees and senior management. Performs tasks given by the management.

LANG QUANG DUNG Chinese Speaking Program Designer 37.

Brief Job Description: Assist/help customers, give customers information about product and services.

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Must be Fluent in Chinese Language (Writing and Speaking) Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Must be Fluent in Chinese Language (Writing and Speaking) Salary Range: Php 30,000 - Php 59,999

Basic Qualification: Has extensive experience in software systems and business solutions; is proficient and able to communicate in Mandarin or any Chinese language Salary Range: Php 60,000 - Php 89,999

Basic Qualification: College Graduate and must be fluent in Mandarin & English. Must be excellent in Analytical Project Planning. Outstanding leadership skills. Salary Range: Php 30,000 - Php 59,999 Basic Qualification: College Graduate and must be fluent in Mandarin & English. Must be excellent in Analytical Project Planning. Outstanding leadership skills. Salary Range: Php 30,000 - Php 59,999

Basic Qualification: With at least 6 months customer service experience/good in oral communication and written. Salary Range: Php 30,000 - Php 59,999

DATACLICK INTERNATIONAL CORP. E. Rodriguez St., Roxas Blvd. St., Barangay 3, Pasay City

38.

39.

40.

41.

42.

LIU, LIANGCAI Chinese Customer Service Officer Brief Job Description: Converse and interact with the customer CHEN, WEI-YUEH Customer Service Officer Brief Job Description: Converse and interact with the customer. HA VIET NHAN Customer Service Officer Brief Job Description: Converse and interact with the customer NGUYEN HUU PHUOC Customer Service Officer Brief Job Description: Converse and interact with the customer NGUYEN MANH HUNG Customer Service Officer

Salary Range: Php 90,000 - Php 149,999

Brief Job Description: Converse and interact with the customer.

Basic Qualification: Extensive Project Management experience of at least 5 years in an International Dredging and Land reclamation project environment.

NGUYEN THANH PHUONG Customer Service Officer

Salary Range: Php 150,000 - Php 499,999

Basic Qualification: Must be Fluent in Chinese Language (Writing and Speaking)

CRONYX INC. No. 4th-10th Flr. Yinhope Bldg., Dela Rama Cor. Zoili Hilario St., Seascape Village, Ccp Complex Subd. Zone 10, Barangay 76, Pasay City

Salary Range: Php 30,000 - Php 59,999

Basic Qualification: At least 3 years in dredging and land development industry. Experience with discipline relevant software and models.

Salary Range: Php 30,000 - Php 59,999

CHINA COMMUNICATIONS SERVICES PHILIPPINES CORPORATION 21st Floor Menarco Tower, 32nd Street, Bonifacio Global City, Fort Bonifacio, City Of Taguig

Basic Qualification: Must fluently speak and write Vietnamese.

Basic Qualification: Must be Fluent in Chinese Language (Writing and Speaking)

CASPO INCORPORATED 43/f, 45/f, 49/f Pbcom Tower, 6795 Ayala Avenue Corner V.a. Rufino Street, Bel-air, City Of Makati

Salary Range: Php 30,000 - Php 59,999

Basic Qualification: Must fluently speak and write Vietnamese.

QUALIFICATION AND SALARY RANGE

CAPSLOCK INC. 7th & 8th Flr. Y Tower Bldg., Coral Way Drive Cor. Macapagal Ave., Barangay 76, Pasay City

Basic Qualification: Experience using help desk software and remote support tools

Salary Range: Php 150,000 - Php 499,999

Salary Range: Php 150,000 - Php 499,999 Basic Qualification: Bachelor’s degree with experience in project management domain and in leading at least one project aspect

Basic Qualification: Bachelor’s degree with experience in project management domain

BOSKALIS PHILIPPINES INC. Unit 3701, 3801 The Orient Square, F. Ortigas Jr. Road, Ortigas Center, San Antonio, City Of Pasig

Salary Range: Php 30,000 - Php 59,999

Basic Qualification: Able to speak, read, and write Chinese language

Brief Job Description: Evaluation of the systems’ problems to recommend enhancements

Brief Job Description: Initiate conversation to uncover customer needs.

Basic Qualification: Any nationality who can speak and write Korean fluently Salary Range: Php 30,000 - Php 59,999

QUALIFICATION AND SALARY RANGE

BIGCAT SOFTWARE SOLUTIONS, INC. 18/f Pbcom Tower, 6795 Ayala Avenue Cor. Rufino Street, Salcedo Vill., Bel-air, City Of Makati

Basic Qualification: Any nationality who can speak and write Korean fluently Salary Range: Php 30,000 - Php 59,999

Brief Job Description: Evaluation of the systems’ problems to recommend enhancements THANGVIRIYAKUL, TITIMA Customer Support Specialist - Thai Speaking

Salary Range: Php 30,000 - Php 59,999

AB LEISURE EXPONENT, INC. 5/f Sm Megamall Bldg. D, J Vargas, Wack-wack Greenhills, City Of Mandaluyong DU, QINGYANG Brand Supervisor

PHUEKPRAPHAN, NAPHATSAKORN Customer Support Specialist - Thai Speaking

Basic Qualification: Any nationality who can speak and write Korean fluently Salary Range: Php 30,000 - Php 59,999

Brief Job Description: Leads and directs teams to deliver a unique, highquality products, service or product support

ESTABLISHMENT / ADDRESS

APRICUS TECHNOLOGY INC. 8/f Aguirre Building, 107 Aguirre St. Legaspi Village, San Lorenzo, City Of Makati

Salary Range: Php 30,000 - Php 59,999

777 KORPHIL HOLDINGS CORP. Unit 2604, 26th Floor Ibp Tower, Julia Vargas Ave. Cor. Jade Drive, Ortigas Center, San Antonio, City Of Pasig HAN, JUSHIN Customer Service Specialist

NAGORI, VINIT KUMAR Project Manager

Basic Qualification: Native speaker. Salary Range: Php 30,000 - Php 59,999

NAME OF FOREIGN NATIONAL , POSITION AND BRIEF DESCRIPTION

www.businessmirror.com.ph

43.

44.

Brief Job Description: Converse and interact with the customer. PHAM VAN TUAN Customer Service Officer Brief Job Description: Converse and interact with the customer.

Basic Qualification: Fluent in Chinese writing and speaking language Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Fluent in Chinese writing and speaking language Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Fluent in Chinese writing and speaking language Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Fluent in Chinese writing and speaking language Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Fluent in Chinese writing and speaking language. Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Fluent in Chinese writing and speaking language. Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Fluent in Chinese writing and speaking language. Salary Range: Php 30,000 - Php 59,999

BusinessMirror

www.businessmirror.com.ph

ESTABLISHMENT / ADDRESS No.

45.

NAME OF FOREIGN NATIONAL , POSITION AND BRIEF DESCRIPTION SIU HOI DAU Customer Service Officer Brief Job Description: Converse and interact with the customer

ESTABLISHMENT / ADDRESS QUALIFICATION AND SALARY RANGE Basic Qualification: Fluent in Chinese writing and speaking language

46.

Brief Job Description: Assist/help customers, give customers information about product and services

XU, YUTIAN Chinese Speaking Business Development Associate 47.

Brief Job Description: Assist/help customers, give customers information about product and services.

Basic Qualification: With at least 6 months customer service experience/good in oral communication and written

Salary Range: Php 30,000 - Php 59,999

JOBHUB INC. Phil Song Te Temple Inc, 4/f 900-910 Reina Regente St., 028, Barangay 292, Binondo, City Of Manila DONG, XIAOLI Marketing Officer (mandarin Speaking) 48.

Brief Job Description: Maximize profits through developing sales strategies that match customer requirements and by promoting services. HUANG, DONGYUAN Marketing Officer (mandarin Speaking)

49.

Brief Job Description: Maximize profits through developing sales strategies that match customer requirements and by promoting services. LIN, TIANQI Marketing Officer (mandarin Speaking)

50.

Brief Job Description: Maximize profits through developing sales strategies that match customer requirements and by promoting services. LIU, DONGZHI Marketing Officer (mandarin Speaking)

51.

Brief Job Description: Maximize profits through developing sales strategies that match customer requirements and by promoting services. ZHOU, YAO Marketing Officer (Mandarin Speaking)

52.

Brief Job Description: Maximize profits through developing sales strategies that match customer requirements and by promoting services.

61.

Basic Qualification: Fluent in Chinese dialect (Mandarin, Folkien, Cantonese)

62.

63.

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Fluent in Chinese dialect (Mandarin, Folkien, Cantonese) Salary Range: Php 30,000 - Php 59,999

64.

65.

KORADIA, MOHAMED JAFFER AHMED Fund Servicing Manager Iii

53.

Brief Job Description: Fund Servicing is responsible for providing operational service related to fund accounting and administration, benefit payment services, compliance reporting services, investment analytics and consulting, financial and valuation reporting, investment operations outsourcing services, transfer agency services, or trust and fiduciary services.

Salary Range: Php 150,000 - Php 499,999

66.

HE, ZHIXIONG Bidding Coordinator - Mandarin Speaking 54.

Brief Job Description: Assists Estimator with bidding and other various projects in the estimating department.

67.

ESPINDOLA, DANIEL ELISEO Collector 55.

Brief Job Description: Adhere to relevant legislation (country/cluster specific).

Basic Qualification: Answer queries from customers by inbound and outbound calls.

68.

CUENIN, JEAN-LUC MICHEL BRUNO Project Consultant 56.

Brief Job Description: Manage the processes, reporting requirements and the consultants’ contracts

Basic Qualification: 25 years of professional experience with significant project and program Salary Range: Php 500,000 and above

69.

ARIYOSHI, TOSHIYO General Sales Manager 57.

Brief Job Description: Establish sales strategies to increase sales volume of new and existing machineries.

70.

ALVIN CHANDRA Chinese Customer Service 58.

Brief Job Description: Managing incoming calls and customer service inquires ANISA Chinese Customer Service

59.

Brief Job Description: Managing Incoming Calls and Customer Service Inquiries AUNG KAUNG HTET Chinese Customer Service

60.

Brief Job Description: Managing Incoming Calls and Customer Service Inquiries

Basic Qualification: Able to Speak, Read, and Write Chinese Language

71.

72.

Salary Range: Php 30,000 - Php 59,999

Brief Job Description: Managing incoming calls and customer service inquires DUONG THI BICH HONG Chinese Customer Service

73.

Brief Job Description: Managing incoming calls and customer service inquires ELLEN Chinese Customer Service

74.

Brief Job Description: Managing incoming calls and customer service inquires FATIMAH AZZAHRA Chinese Customer Service

75.

Brief Job Description: Managing incoming calls and customer service inquires HARTONO Chinese Customer Service

76.

Brief Job Description: Managing incoming calls and customer service inquires HO TRONG TRINH Chinese Customer Service

77.

Brief Job Description: Managing incoming calls and customer service inquires JACKY NG SI TIAN Chinese Customer Service

78.

Brief Job Description: Managing incoming calls and customer service inquires JONG PAU FUI Chinese Customer Service

79.

Brief Job Description: Managing incoming calls and customer service inquires KALVIN CHIN HOI YAN Chinese Customer Service

80.

Brief Job Description: Managing incoming calls and customer service inquires KYAW SOE OO Chinese Customer Service

81.

Brief Job Description: Managing incoming calls and customer service inquiries KYAW ZAW THU Chinese Customer Service

82.

Brief Job Description: Managing incoming calls and customer service inquiries LAW HUI JOHN Chinese Customer Service

83.

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to Speak, Read and Write Chinese Language

Brief Job Description: Managing incoming calls and customer service inquires DIEP VAN PHONG Chinese Customer Service

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to Speak, Read and Write Chinese Language

Brief Job Description: Managing incoming calls and customer service inquires DIAN DEVITA Chinese Customer Service

Salary Range: Php 150,000 - Php 499,999

MOA CLOUDZONE CORP. 4th-11th Flr. Nexgen Tower, C4 Rd. Edsa Ext., Barangay 76, Pasay City

Brief Job Description: Managing incoming calls and customer service inquires. DANG THI THEU Chinese Customer Service

MARUKA ENTERPRISES, INC. U401&402 La Fuerza Plaza 1, 2241 Don Chino Roces Ave., Bangkal, City Of Makati Basic Qualification: Good communication skills in English and Nihongo sufficient to introduce industrial machineries. 30-45 years old. Works well under pressure

Brief Job Description: Managing incoming calls and customer service inquires DAISY Chinese Customer Service

Salary Range: Php 30,000 - Php 59,999

MAKATI DEVELOPMENT CORPORATION 2nd Floor Mdc Corporate Center, Radian Street Arca South, Western Bicutan, City Of Taguig

Brief Job Description: Managing incoming calls and customer service inquires CHU THI YEN Chinese Customer Service

Salary Range: Php 30,000 - Php 59,999

MAERSK GLOBAL SERVICE CENTRES (PHILIPPINES) LTD. Levels 6-8 North Wing, Estancia Offices, Capitol Commons, Meralco Ave., Oranbo, City Of Pasig

Brief Job Description: Managing incoming calls and customer service inquires CHU THI VIEN Chinese Customer Service

JQ INTERNATIONAL CONSTRUCTION INC. Unit 9 & 10, 2f Bttc Centre,, 288 Ortigas Ave., Greenhills, City Of San Juan Basic Qualification: Excellent presentation and written/oral communication skills.

Brief Job Description: Managing incoming calls and customer service inquires CHU THI HIEP Chinese Customer Service

JPMORGAN CHASE BANK, N.A.- PHILIPPINE GLOBAL SERVICE CENTER 25f Jpmorgan Chase & Co Tower, 9th Avenue Cor. 38th St., Uptown Bonifacio, Fort Bonifacio, City Of Taguig Basic Qualification: Bachelor’s degree with minimum 12 years relevant experience in the industry Knowledgeable in fund accounting and trade processing, transaction lifecycles of different market products and of trade instruction lifecycles.

Brief Job Description: Managing incoming calls and customer service inquires CHOMCHUEN, JIRAPRAPA Chinese Customer Service

Basic Qualification: Fluent in Chinese dialect (Mandarin, Folkien, Cantonese) Salary Range: Php 30,000 - Php 59,999

Brief Job Description: Managing Incoming Calls and Customer Service Inquiries CHIAM SING WOO Chinese Customer Service

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Fluent in Chinese dialect (Mandarin, Folkien, Cantonese)

Brief Job Description: Managing Incoming Calls and Customer Service Inquiries CAO THI LUONG Chinese Customer Service

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Fluent in Chinese dialect (Mandarin, Folkien, Cantonese)

Brief Job Description: Managing incoming calls and customer service inquiries BUI THI XIEM Chinese Customer Service

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: With at least 6 months customer service experience/good in oral communication and written.

NAME OF FOREIGN NATIONAL , POSITION AND BRIEF DESCRIPTION BUDI SETIAWAN Chinese Customer Service

Salary Range: Php 30,000 - Php 59,999

DYNAMIC STUDIO TECHNOLOGY INC. 5th To 10th/f Platinum Tower Building, Aseana Ave. Cor. Fuentes Street, Baclaran, City Of Parañaque TRUONG LE HONG Chinese Speaking Business Development Associate

No.

Brief Job Description: Managing incoming calls and customer service inquiries. LE MINH THUAN Chinese Customer Service

84.

Brief Job Description: Managing incoming calls and customer service inquiries

Tuesday, April 19, 2022

ESTABLISHMENT / ADDRESS QUALIFICATION AND SALARY RANGE Basic Qualification: Able to speak, read, and write Chinese language

No.

LE THI PHUONG ANH Chinese Customer Service 85.

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to Speak, Read and Write Chinese Language

86.

87.

88.

89.

90.

91.

92.

93.

94.

95.

96.

97.

98.

99.

100.

101.

102.

103.

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to speak, Read, and Write Chinese language Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to speak, read, and write Chinese language.

Brief Job Description: Managing incoming calls and customer service inquiries. NGUYEN PHUONG LAN Chinese Customer Service

104.

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to speak, read, and write Chinese language

Brief Job Description: Managing incoming calls and customer service inquires NGUYEN NGOC HAI Chinese Customer Service

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to Speak, Read, and Write Chinese Language

Brief Job Description: Managing incoming calls and customer service inquiries NGUYEN LONG THANH Chinese Customer Service

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to Speak, Read, and Write Chinese Language

Brief Job Description: Managing incoming calls and customer service inquiries NGO THI THANH THUY Chinese Customer Service

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to speak, read, and write Chinese language

Brief Job Description: Managing incoming calls and customer service inquiries NAY LIN TUN Chinese Customer Service

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to speak, read, and write Chinese language

Brief Job Description: Managing incoming calls and customer service inquires MYO THET HAN Chinese Customer Service

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to speak, read, and write Chinese language

Brief Job Description: Managing incoming calls and customer service inquiries MOK YOU HUI Chinese Customer Service

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to speak, read, and write Chinese language

Brief Job Description: Managing incoming calls and customer service inquiries MEILINNA Chinese Customer Service

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to speak, read, and write Chinese language

Brief Job Description: Managing incoming calls and customer service inquiries MAUNG KYI Chinese Customer Service

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to speak, read, and write Chinese language

Brief Job Description: Managing incoming calls and customer service inquiries. LUU THI THU THAO Chinese Customer Service

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to speak, read, and write Chinese language

Brief Job Description: Managing incoming calls and customer service inquiries. LU YAR Chinese Customer Service

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to speak, read, and write Chinese language

Brief Job Description: Managing incoming calls and customer service inquires LONG KING SHUNG Chinese Customer Service

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to Speak, Read, and Write Chinese Language

Brief Job Description: Managing incoming calls and customer service inquires. LOH HOU WEI Chinese Customer Service

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to speak, read, and write chinese language.

Brief Job Description: Managing incoming calls and customer service inquires LIU, LONGLONG Chinese Customer Service

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to Speak, Read, and Write Chinese Language

Brief Job Description: Managing incoming calls and customer service inquires LIU NHOC DENH Chinese Customer Service

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to Speak, Read, and Write Chinese Language

Brief Job Description: Managing incoming calls and customer service inquiries LIU LY SUOI Chinese Customer Service

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to Speak, Read, and Write Chinese Language

Brief Job Description: Managing incoming calls and customer service inquires LI, SIWEN Chinese Customer Service

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to speak, read, and write Chinese language

Brief Job Description: Managing incoming calls and customer service inquires LI, LIMEI Chinese Customer Service

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to speak, read, and write Chinese language

Brief Job Description: Managing incoming calls and customer service inquiries. LI LI Chinese Customer Service

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to Speak, Read and Write Chinese Language

NAME OF FOREIGN NATIONAL , POSITION AND BRIEF DESCRIPTION

Brief Job Description: Managing incoming calls and customer service inquiries NGUYEN QUOC HUY Chinese Customer Service

105.

Brief Job Description: Managing incoming calls and customer service inquiries. NGUYEN THI HUONG Chinese Customer Service

106.

Brief Job Description: Managing incoming calls and customer service inquires NGUYEN THI MAI LUU Chinese Customer Service

107.

Salary Range: Php 30,000 - Php 59,999

Brief Job Description: Managing incoming calls and customer service inquires

Basic Qualification: Able to speak, read, and write Chinese language

NGUYEN THI THOM Chinese Customer Service

Salary Range: Php 30,000 - Php 59,999

108.

Brief Job Description: Managing incoming calls and customer service inquiries

QUALIFICATION AND SALARY RANGE Basic Qualification: Able to speak, read, and write Chinese language. Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to Speak, Read, and Write Chinese Language Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to Speak, Read, and Write Chinese Language Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to speak, read, and write Chinese language Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to Speak, Read, and Write Chinese Language Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to Speak, Read, and Write Chinese Language Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to speak, read, and write Chinese language. Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to Speak, Read, and Write Chinese Language Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to speak, read, and write Chinese language Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to speak, read, and write Chinese language. Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to speak, read, and write Chinese language Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to speak, read, and write Chinese language Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to speak, read, and write Chinese language Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to Speak, Read, and Write Chinese Language Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to speak, read, and write Chinese language Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to speak, read, and write Chinese language Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to speak, read, and write Chinese language Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to Speak, Read, and Write Chinese Language Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to speak, Read, and Write Chinese language. Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to speak, read, and write Chinese language Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to speak, Read, and Write Chinese language. Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to Speak, Read, and Write Chinese Language Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to Speak, Read, and Write Chinese Language Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to speak, read, and write Chinese language Salary Range: Php 30,000 - Php 59,999

BusinessMirror

Tuesday, April 19, 2022

ESTABLISHMENT / ADDRESS No.

NAME OF FOREIGN NATIONAL , POSITION AND BRIEF DESCRIPTION NGUYEN THI YEN Chinese Customer Service

109.

Brief Job Description: Managing incoming calls and customer service inquiries NGUYEN TIEN DUNG Chinese Customer Service

110.

Brief Job Description: Managing incoming calls and customer service inquiries NGUYEN VAN DAI Chinese Customer Service

111.

Brief Job Description: Managing incoming calls and customer service inquiries NGUYEN VAN DUNG Chinese Customer Service

112.

Brief Job Description: Managing incoming calls and customer service inquires NGUYEN VAN HOANG Chinese Customer Service

113.

Brief Job Description: Managing incoming calls and customer service inquires NGUYEN VAN NAM Chinese Customer Service

114.

Brief Job Description: Managing incoming calls and customer service inquires NGUYEN VAN NOI Chinese Customer Service

115.

Brief Job Description: Managing incoming calls and customer service inquires NGUYEN VAN TAM Chinese Customer Service

116.

Brief Job Description: Managing incoming calls and customer service inquiries. NGUYEN VAN THAO Chinese Customer Service

117.

Brief Job Description: Managing incoming calls and customer service inquires NIE NUT Chinese Customer Service

118.

Brief Job Description: Managing incoming calls and customer service inquires OAKKAR KYAW @ AUNG MIN THANT Chinese Customer Service

119.

Brief Job Description: Managing incoming calls and customer service inquires OOI CHOON KHENG Chinese Customer Service

120.

Brief Job Description: Managing incoming calls and customer service inquires PA PA WIN Chinese Customer Service

121.

Brief Job Description: Managing incoming calls and customer service inquiries PHAM PHU HUU Chinese Customer Service

122.

Brief Job Description: Managing incoming calls and customer service inquiries. PHAM THI PHUONG DIEM Chinese Customer Service

123.

Brief Job Description: Managing incoming calls and customer service inquiries. PHAM VAN DUC Chinese Customer Service

124.

Brief Job Description: Managing incoming calls and customer service inquires PHAN HUU LUONG Chinese Customer Service

125.

Brief Job Description: Managing incoming calls and customer service inquires PHAN VAN CHAU THIEN Chinese Customer Service

126.

Brief Job Description: Managing incoming calls and customer service inquires PHONG MY LIEN Chinese Customer Service

127.

Brief Job Description: Managing incoming calls and customer service inquiries. PHYO WAI LIN Chinese Customer Service

128.

Brief Job Description: Managing incoming calls and customer service inquiries. QUACH VINH KHAM Chinese Customer Service

129.

Brief Job Description: Managing incoming calls and customer service inquires RANGSUK AITSARAPHAP Chinese Customer Service

130.

Brief Job Description: Managing incoming calls and customer service inquires RYAN IRAWAN Chinese Customer Service

131.

Brief Job Description: Managing incoming calls and customer service inquires SAI KYAW ZIN HEIN Chinese Customer Service

132.

Brief Job Description: Managing incoming calls and customer service inquiries.

ESTABLISHMENT / ADDRESS QUALIFICATION AND SALARY RANGE Basic Qualification: Able to speak, read, and write Chinese language

No.

SAI SEIN MIN THU Chinese Customer Service 133.

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to speak, read, and write Chinese language

134.

135.

136.

137.

138.

139.

140.

141.

142.

143.

144.

145.

146.

147.

148.

149.

150.

151.

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to speak, read, and write Chinese language Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to speak, read, and write Chinese language

152.

Salary Range: Php 30,000 - Php 59,999

Brief Job Description: Managing incoming calls and customer service inquiries TIAN, YANZI Chinese Customer Service

153.

Brief Job Description: Managing incoming calls and customer service inquires. TRAN DUC TIEP Chinese Customer Service

154.

Brief Job Description: Managing incoming calls and customer service inquires TRAN THI DUNG Chinese Customer Service

155.

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to speak, Read, and Write Chinese language.

Brief Job Description: Managing incoming calls and customer service inquires TIA ROSITA JONATHAN Chinese Customer Service

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to Speak, Read, and Write Chinese Language

Brief Job Description: Managing incoming calls and customer service inquires THONG HAI LAM Chinese Customer Service

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to speak, Read, and Write Chinese language.

Brief Job Description: Managing incoming calls and customer service inquiries THIN THIN HLAING Chinese Customer Service

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to speak, Read, and Write Chinese language.

Brief Job Description: Managing incoming calls and customer service inquiries THEINGI AYE Chinese Customer Service

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to speak, read, and write Chinese language

Brief Job Description: Managing incoming calls and customer service inquiries THA ZIN PWINT PHYU Chinese Customer Service

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to Speak, Read, and Write Chinese Language

Brief Job Description: Managing incoming calls and customer service inquires TEO SOON PENG Chinese Customer Service

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to speak, read, and write Chinese language

Brief Job Description: Managing incoming calls and customer service inquires TEN CHUN JAE Chinese Customer Service

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to speak, Read, and Write Chinese language.

Brief Job Description: Managing incoming calls and customer service inquires TAN KIM SENG Chinese Customer Service

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to speak, Read, and Write Chinese language.

Brief Job Description: Managing incoming calls and customer service inquiries TA DINH DUY Chinese Customer Service

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to speak, Read, and Write Chinese language.

Brief Job Description: Managing incoming calls and customer service inquiries SUWANDI Chinese Customer Service

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to speak, read, and write Chinese language

Brief Job Description: Managing incoming calls and customer service inquiries SUSANTO Chinese Customer Service

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to speak, read, and write Chinese language

Brief Job Description: Managing incoming calls and customer service inquiries SUPERIYANTO Chinese Customer Service

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to Speak, Read, and Write Chinese Language

Brief Job Description: Managing incoming calls and customer service inquires SUDIMAN Chinese Customer Service

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to speak, read, and write Chinese language

Brief Job Description: Managing incoming calls and customer service inquires SIOW KEY FOONG Chinese Customer Service

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to speak, Read, and Write Chinese language.

Brief Job Description: Managing incoming calls and customer service inquires SIM SING YUEN Chinese Customer Service

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to Speak, Read, and Write Chinese Language

Brief Job Description: Managing incoming calls and customer service inquiries SIM MIN JIET Chinese Customer Service

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to speak, read, and write Chinese language

Brief Job Description: Managing incoming calls and customer service inquiries. SHWE NAR HTAR NI Chinese Customer Service

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to speak, read, and write Chinese language

Brief Job Description: Managing incoming calls and customer service inquires SAI TUN KYAW Chinese Customer Service

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to speak, read, and write Chinese language

Brief Job Description: Managing incoming calls and customer service inquiries SAI SENG HLYAN Chinese Customer Service

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to speak, read, and write Chinese language

NAME OF FOREIGN NATIONAL , POSITION AND BRIEF DESCRIPTION

Brief Job Description: Managing Incoming Calls and Customer Service Inquiries TRAN THI HUE Chinese Customer Service

156.

Brief Job Description: Managing incoming calls and customer service inquires.

www.businessmirror.com.ph

ESTABLISHMENT / ADDRESS QUALIFICATION AND SALARY RANGE Basic Qualification: Able to speak, read, and write Chinese language

No.

TRAN THI NGOC HA Chinese Customer Service 157.

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to speak, read, and write Chinese language

158.

159.

160.

161.

162.

163.

164.

165.

166.

167.

168.

169.

170.

171.

172.

173.

Salary Range: Php 30,000 - Php 59,999

174.

175.

176.

177.

Basic Qualification: Able to speak, read, and write Chinese language. Salary Range: Php 30,000 - Php 59,999

Brief Job Description: Managing incoming calls and customer service inquires. ZIN LIN PHYO Chinese Customer Service

178.

Basic Qualification: Able to Speak, Read and Write Chinese Language Salary Range: Php 30,000 - Php 59,999

Brief Job Description: Managing incoming calls and customer service inquires. ZHAO, RONG Chinese Customer Service

Basic Qualification: Able to speak, read, and write Chinese language Salary Range: Php 30,000 - Php 59,999

Brief Job Description: Managing incoming calls and customer service inquires. YONG KAH DONG Chinese Customer Service

Basic Qualification: Able to speak, read, and write Chinese language. Salary Range: Php 30,000 - Php 59,999

Brief Job Description: Managing Incoming Calls and Customer Service Inquiries YONG GUANG Chinese Customer Service

Basic Qualification: Able to speak, read, and write Chinese language Salary Range: Php 30,000 - Php 59,999

Brief Job Description: Managing incoming calls and customer service inquires. YONG CHENG HAO Chinese Customer Service

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to speak, read, and write Chinese language

Brief Job Description: Managing incoming calls and customer service inquires. YIN YIN MYAT Chinese Customer Service

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to speak, read, and write Chinese language

Brief Job Description: Managing Incoming Calls and Customer Service Inquiries YEO NAM CHONG Chinese Customer Service

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to speak, read, and write Chinese language

Brief Job Description: Managing incoming calls and customer service inquires. YE LIN AUNG Chinese Customer Service

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to speak, read, and write Chinese language

Brief Job Description: Managing Incoming Calls and Customer Service Inquiries YANDI Chinese Customer Service

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to speak, read, and write Chinese language

Brief Job Description: Managing incoming calls and customer service inquires. XU, JIANG Chinese Customer Service

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to speak, read, and write Chinese language

Brief Job Description: Managing incoming calls and customer service inquires. XIANG, JUNHAO Chinese Customer Service

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to speak, read, and write Chinese language

Brief Job Description: Managing incoming calls and customer service inquiries. WINDY WARDHANI Chinese Customer Service

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to speak, read, and write Chinese language

Brief Job Description: Managing incoming calls and customer service inquires. WIN MYINT Chinese Customer Service

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to speak, read, and write Chinese language

Brief Job Description: Managing Incoming Calls and Customer Service Inquiries WANG, YANJUAN Chinese Customer Service

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to speak, read, and write Chinese language

Brief Job Description: Managing incoming calls and customer service inquiries WANG, BAOHU Chinese Customer Service

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to speak, read, and write Chinese language

Brief Job Description: Managing Incoming Calls and Customer Service Inquiries VO THI KIM NEN Chinese Customer Service

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to speak, read, and write Chinese language

Brief Job Description: Managing incoming calls and customer service inquires. VINCENT KUAN MING SHIAU Chinese Customer Service

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to speak, read, and write Chinese language

Brief Job Description: Managing incoming calls and customer service inquires VANDY HOSWAR Chinese Customer Service

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to speak, read, and write Chinese language

Brief Job Description: Managing incoming calls and customer service inquires. TRIEU VAN CAU Chinese Customer Service

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to speak, read, and write Chinese language

Brief Job Description: Managing incoming calls and customer service inquires. TRAN VAN TUAN Chinese Customer Service

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to speak, read, and write Chinese language

Brief Job Description: Managing Incoming Calls and Customer Service Inquiries TRAN VAN HOA Chinese Customer Service

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to speak, read, and write Chinese language

NAME OF FOREIGN NATIONAL , POSITION AND BRIEF DESCRIPTION

Brief Job Description: Managing incoming calls and customer service inquires. ZINGHTUNG MYO SAN Chinese Customer Service

179.

Brief Job Description: Managing incoming calls and customer service inquires.

QUALIFICATION AND SALARY RANGE Basic Qualification: Able to Speak, Read and Write Chinese Language Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to speak, read, and write Chinese language. Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to speak, read, and write Chinese language. Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to Speak, Read, and Write Chinese Language Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to speak, read, and write Chinese language. Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to Speak, Read and Write Chinese Language Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to speak, read, and write Chinese language Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to Speak, Read and Write Chinese Language Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to speak, read, and write Chinese language. Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to speak, read, and write Chinese language. Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to speak, read, and write Chinese language. Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to speak, read, and write Chinese language. Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to Speak, Read and Write Chinese Language Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to speak, read, and write Chinese language. Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to Speak, Read and Write Chinese Language Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to speak, read, and write chinese language. Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to speak, read, and write chinese language. Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to Speak, Read and Write Chinese Language Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to speak, read, and write chinese language. Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to speak, read, and write chinese language. Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to speak, read, and write chinese language. Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to speak, read, and write chinese language. Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to speak, read, and write chinese language. Salary Range: Php 30,000 - Php 59,999

NEO INCORPORATED North Tower Centrum Bldg., Aseana Avenue, Entertainment City, Baclaran, City Of Parañaque

BusinessMirror

www.businessmirror.com.ph

ESTABLISHMENT / ADDRESS No.

NAME OF FOREIGN NATIONAL , POSITION AND BRIEF DESCRIPTION CHEN, PENG Chinese Speaking Data Entry Clerk

180.

Brief Job Description: Assist/help customers, give customers information about product and services.

QU, ZHANGHAO Chinese Speaking Data Entry Clerk 181.

ESTABLISHMENT / ADDRESS

Brief Job Description: Assist/help customers, give customer information about product and services

QUALIFICATION AND SALARY RANGE Basic Qualification: With at least 6 months customer service experience/good in oral communication and written.

No.

196.

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: With at least 6 months customer service experience/Good in oral communication and written.

197.

Salary Range: Php 30,000 - Php 59,999

NES GLOBAL TALENT LIMITED Regus 9/r. Filinvest One Building, Northgate Cyberzone Filinvest, Alabang, City Of Muntinlupa ELLIS, CASSIUS Wind Turbine Site Quality Inspector

182.

Brief Job Description: Primarily responsible for the quality inspection of the following: foundation leveling/flatness check for the erection and assembly of the wind turbines, nacelle blade (wind farms/ports) tower section, ground cabinet, hub and hose cover, wind turbine commissioning process and assembly audit

Basic Qualification: Experience in quality inspection of wind turbine generator Salary Range: Php 500,000 and above

NEW ORIENTAL CLUB88 CORPORATION 1331 Pearl Plaza Bldg., Quirino Ave., Tambo, City Of Parañaque

183.

184.

185.

186.

187.

188.

189.

190.

191.

192.

193.

194.

195.

WU, CAIZHENG Chinese Customer Service Brief Job Description: Customer support and data base services.

CAO GIANG SON Vietnamese Customer Service Brief Job Description: Customer Support and Data Base Services

CHU THI THUY Vietnamese Customer Service Brief Job Description: Customer support and data base services

CHU VAN DUY Vietnamese Customer Service Brief Job Description: Customer support and data base services

DANG THU HUONG Vietnamese Customer Service Brief Job Description: Customer support and data base services

DINH VAN HUNG Vietnamese Customer Service Brief Job Description: Customer support and data base services

DINH VAN QUOC Vietnamese Customer Service Brief Job Description: Customer support and data base services

DUONG THI DIEU Vietnamese Customer Service Brief Job Description: Customer support and data base services

GIAP THI PHUONG Vietnamese Customer Service Brief Job Description: Customer support and data base services

HO VIET THANH Vietnamese Customer Service Brief Job Description: Customer Support and Data Base Services

HOANG VAN TAN Vietnamese Customer Service Brief Job Description: Customer support and data base services

HUA VAN LUAN Vietnamese Customer Service Brief Job Description: Customer support and data base services

LE THI NGOC ANH Vietnamese Customer Service Brief Job Description: Customer support and data base services

198.

Basic Qualification: Knowledgeable in computer application with good oral and written communication skills.

199.

200.

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Knowledge in Computer Applications with Good Oral and Written Communication Skills Salary Range: Php 30,000 - Php 59,999

201.

Basic Qualification: Knowledgeable in computer application with good oral and written communication skills Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Knowledgeable in computer application with good oral and written communication skills Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Knowledgeable in computer application with good oral and written communication skills

202.

203.

204.

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Knowledgeable in computer application with good oral and written communication skills

205.

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Knowledgeable in computer application with good oral and written communication skills

206.

NAME OF FOREIGN NATIONAL , POSITION AND BRIEF DESCRIPTION

LE THI THUY LINH Vietnamese Customer Service Brief Job Description: Customer support and data base services

LE THI XUAN NAM Vietnamese Customer Service Brief Job Description: Customer support and data base services

LE VAN HAI Vietnamese Customer Service Brief Job Description: Customer support and data base services

LY VAN VINH Vietnamese Customer Service Brief Job Description: Customer Support and Data Base Services

NGUYEN THANH HA Vietnamese Customer Service Brief Job Description: Customer support and data base services

NGUYEN THI NGOC Vietnamese Customer Service Brief Job Description: Customer support and data base services

NGUYEN THI NGOC ANH Vietnamese Customer Service Brief Job Description: Customer support and data base services

NGUYEN THI VAN Vietnamese Customer Service Brief Job Description: Customer Support and Data Base Services

NGUYEN VIET THANH Vietnamese Customer Service Brief Job Description: Customer Support and Data Base Services

NGUYEN XUAN DAI Vietnamese Customer Service Brief Job Description: Customer Support and Data Base Services

PHAM VAN CANH Vietnamese Customer Service Brief Job Description: Customer Support and Data Base Services

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Knowledgeable in computer application with good oral and written communication skills

207.

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Knowledgeable in computer applications with good oral and written communication skills

208.

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Knowledge in Computer Applications with Good Oral and Written Communication Skills

209.

TRAN THI BINH Vietnamese Customer Service Brief Job Description: Customer Support and Data Base Services

TRAN THI HOAI Vietnamese Customer Service Brief Job Description: Customer Support and Data Base Services

TRINH THI LINH DUONG Vietnamese Customer Service Brief Job Description: Customer Support and Data Base Services

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Knowledgeable in computer applications with good oral and written communication skills

210.

TRUONG VAN TUAN Vietnamese Customer Service Brief Job Description: Customer support and data base services

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Knowledgeable in computer applications with good oral and written communication skills

211.

VI THI GIANG Vietnamese Customer Service Brief Job Description: Customer support and data base services

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Knowledgeable in computer applications with good oral and written communication skills Salary Range: Php 30,000 - Php 59,999

212.

VY THI VAN ANH Vietnamese Customer Service Brief Job Description: Customer support and data base services

Tuesday, April 19, 2022

ESTABLISHMENT / ADDRESS QUALIFICATION AND SALARY RANGE Basic Qualification: Knowledgeable in computer applications with good oral and written communication skills

No.

213.

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Knowledgeable in computer applications with good oral and written communication skills Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Knowledgeable in computer application with good oral and written communication skills

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Knowledgeable in computer application with good oral and written communication skills Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Knowledgeable in computer application with good oral and written communication skills Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Knowledgeable in computer application with good oral and written communication skills

214.

215.

216.

217.

218.

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Knowledge in Computer Applications with Good Oral and Written Communication Skills Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Knowledge in Computer Applications with Good Oral and Written Communication Skills

CHEN, XIAOPING Chinese Customer Service Representative Brief Job Description: Managing calls and customer services. HU, LING Chinese Customer Service Representative Brief Job Description: Managing calls and customer services. LI, JINZHU Chinese Customer Service Representative Brief Job Description: Managing calls and customer services. NI, QING Chinese Customer Service Representative Brief Job Description: Managing calls and customer services. WEN, JIEJUN Chinese Customer Service Representative Brief Job Description: Managing calls and customer services.

FAN, LICHUN Mandarin Sales And Marketing Specialist

219.

220.

221.

222.

Brief Job Description: Build sustainable relationships and trust with customer account through open and interactive communication through the use Mandarin native language, to senior specialist professionals in China, Taiwan and other Mandarin speaking counterpart and clients.

WONG, MAX AARON Mandarin Director

223.

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Fluent in Mandarin and English. Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Fluent in Mandarin and English. Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Fluent in Mandarin and English. Salary Range: Php 30,000 - Php 59,999

Basic Qualification: Bachelor degree in Sales and Marketing Management, Mandarin Speaking. Salary Range: Php 60,000 - Php 89,999

Basic Qualification: Can speak mandarin

DAI, SHENG Mandarin Operations Specialist

Basic Qualification: Maintain Accurate Sales Records

Brief Job Description: Mandarin Operations Specialist

Salary Range: Php 30,000 - Php 59,999

ZHENG, ZIHAO Mandarin Operations Specialist

Basic Qualification: Can speak mandarin

Brief Job Description: Maintain Accurate Sales Records

Salary Range: Php 30,000 - Php 59,999

Brief Job Description: The Mandarin Project Planner is responsible for planning and scheduling various workloads. Gathers and analyzes information to prepare status report. Evaluate current procedures and recommends changes to improve the efficiency of planning and scheduling of projects.

Basic Qualification: In-depth understanding of construction procedures, materials and project management principles. Must have understanding in cost planning and contracts administration. Familiarity with construction/project management in Mainland China and the Philippines. Salary Range: Php 30,000 - Php 59,999

JI, DONGDONG Mandarin Project Planner

224.

Salary Range: Php 30,000 - Php 59,999

Basic Qualification: Knowledge in Computer Applications with Good Oral and Written Communication Skills Salary Range: Php 30,000 - Php 59,999

JIN, TAIQUAN Mandarin Project Planner

225.

Salary Range: Php 30,000 - Php 59,999

Basic Qualification: Knowledgeable in computer applications with good oral and written communication skills LIANG, YONGJI Mandarin Project Planner

Salary Range: Php 30,000 - Php 59,999

Basic Qualification: Fluent in Mandarin and English.

Salary Range: Php 150,000 - Php 499,999

GAO, JIE Mandarin Project Planner

Salary Range: Php 30,000 - Php 59,999

Basic Qualification: Knowledgeable in computer applications with good oral and written communication skills

Salary Range: Php 30,000 - Php 59,999

Brief Job Description: Enforcing business strategies

Basic Qualification: Knowledge in Computer Applications with Good Oral and Written Communication Skills

Basic Qualification: Knowledgeable in computer applications with good oral and written communication skills

Basic Qualification: Fluent in Mandarin and English.

POWERCHINA PHILIPPINES CORPORATION Unit 2101 21/f Bdo Equitable Tower, 8751 Paseo De Roxas, Bel-air, City Of Makati

Salary Range: Php 30,000 - Php 59,999

Basic Qualification: Knowledge in Computer Applications with Good Oral and Written Communication Skills

Salary Range: Php 30,000 - Php 59,999

PHILIPPINE FULL DEGREE COMMUNICATIONS CORP. 10/f Alphaland Makati Place, 7323 Ayala Ave. Cor. Malugay St., Bel-air, City Of Makati

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Knowledge in Computer Applications with Good Oral and Written Communication Skills

Brief Job Description: Customer support and data base services

Basic Qualification: Knowledgeable in computer applications with good oral and written communication skills

PH GLOBAL JET EXPRESS INC. 11th Floor, The Marajo Tower, 26th Street Cor. 4th Avenue Bgc, Fort Bonifacio, City Of Taguig

Salary Range: Php 60,000 - Php 89,999 Basic Qualification: Knowledge in Computer Applications with Good Oral and Written Communication Skills

DO THI NHU QUYNH Vietnamese Customer Service;

QUALIFICATION AND SALARY RANGE

NOCMAKATI, INC. 8,9,10,11,12,14,15,16,17,18 & 19 Floors, Century Diamond Center, Poblacion, City Of Makati

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Knowledge in Computer Applications with Good Oral and Written Communication Skills

NAME OF FOREIGN NATIONAL , POSITION AND BRIEF DESCRIPTION

226.

BusinessMirror

A10 Tuesday, April 19, 2022

ESTABLISHMENT / ADDRESS No.

NAME OF FOREIGN NATIONAL , POSITION AND BRIEF DESCRIPTION

LIU, ZHENGLI Mandarin Project Planner

227.

ESTABLISHMENT / ADDRESS QUALIFICATION AND SALARY RANGE Basic Qualification: In-depth understanding of construction procedures, materials and project management principles. Must have understanding in cost planning and contracts administration. Familiarity with construction/project management in Mainland China and the Philippines.

No.

NAME OF FOREIGN NATIONAL , POSITION AND BRIEF DESCRIPTION

YANG, CHAO Mandarin Quality Control Officer 238.

Brief Job Description: The Mandarin Quality Control Officer ensures that the quality of product from plans to actual construction is strictly implemented

Salary Range: Php 30,000 - Php 59,999

ZHAO, SONGNAN Mandarin Project Planner

228.

ZHANG, LINTAO Mandarin Quality Control Officer 239.

CHEN, JINWEI Mandarin Quality Control Officer 229.

Brief Job Description: The Mandarin Quality Control Officer ensures that the quality of product from plans to actual construction is strictly implemented.

ZHANG, YULAI Mandarin Quality Control Officer 240.

Salary Range: Php 30,000 - Php 59,999

KANG, MINGGEN Mandarin Quality Control Officer 230.

Brief Job Description: The Mandarin Quality Control Officer ensures that the quality of product from plans to actual construction is strictly implemented

Basic Qualification: Must be knowledgeable in developing and reviewing project quality plans, contract documents and project specifications. Must have Knowledge to a wide range of construction materials, methods, and techniques

KANG, YUFENG Mandarin Quality Control Officer 231.

Brief Job Description: The Mandarin Quality Control Officer ensures that the quality of product from plans to actual construction is strictly implemented.

Salary Range: Php 30,000 - Php 59,999

LI, DATAO Mandarin Quality Control Officer 232.

Brief Job Description: The Mandarin Quality Control Officer ensures that the quality of product from plans to actual construction is strictly implemented

ZHANG, YUXING Mandarin Quality Control Officer 241.

QUALIFICATION AND SALARY RANGE

Brief Job Description: The Mandarin Quality Control Officer ensures that the quality of product from plans to actual construction is strictly implemented

ZHU, YUANQUAN Mandarin Quality Control Officer 242.

Brief Job Description: The Mandarin Quality Control Officer ensures that the quality of product from plans to actual construction is strictly implemented

Brief Job Description: Maintain favorable relationships with vendors; answer all vendor inquiries and process payments within scheduled due dates

LI, FUHAI Mandarin Quality Control Officer 233.

Brief Job Description: The Mandarin Quality Control Officer ensures that the quality of product from plans to actual construction is strictly implemented.

244.

251.

LI, YONGBO Mandarin Quality Control Officer 234.

Brief Job Description: The Mandarin Quality Control Officer ensures that the quality of product from plans to actual construction is strictly implemented

YANG, HANYUN Chinese Customer Service 245.

LIU, HANCAI Mandarin Quality Control Officer 235.

Brief Job Description: The Mandarin Quality Control Officer ensures that the quality of product from plans to actual construction is strictly implemented

246.

247.

Salary Range: Php 30,000 - Php 59,999

MAO, WANDE Mandarin Quality Control Officer 236.

Brief Job Description: The Mandarin Quality Control Officer ensures that the quality of product from plans to actual construction is strictly implemented.

WANG, JUNLI Mandarin Quality Control Officer 237.

Brief Job Description: The Mandarin Quality Control Officer ensures that the quality of product from plans to actual construction is strictly implemented

Salary Range: Php 30,000 - Php 59,999

Brief Job Description: Apply diagnostic utilities to aid in troubleshooting

LEE, SANGHO Korean Technical Support Staff Brief Job Description: Apply diagnostic utilities to aid in troubleshooting

LOW WEI SENG Operations Manager (Malaysian Account) 248.

Brief Job Description: Oversee all operations and develop policy strategies

249.

Brief Job Description: Should successfully execute all assigned duties to deliver an exceptional service experience with guidance, support and leadership from the butler to our customers, especially those with foreign language requirements

Basic Qualification: At least 19 year old. Ability to speak write and communicate in Taiwanese.

Brief Job Description: Conduct market research to find answers about consumer requirement, habit and trends.

253.

Basic Qualification: Must be a native Bahasa speaker, Conversational language proficiency in English

254.

255.

256.

Basic Qualification: Proficient in speaking, reading & writing; at least 1 + yr. experience in the same field Salary Range: Php 30,000 - Php 59,999

Basic Qualification: Must have at least 5 years of experience in managerial role for special event planning Salary Range: Php 500,000 and above

Basic Qualification: Knowledge in computer and experience in chef.

Brief Job Description: Supervise and participate in cooking and baking and the preparation in food.

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Knowledge in computer and experience in chef.

Brief Job Description: Supervise and participate in cooking and baking and the preparation in food.

Salary Range: Php 30,000 - Php 59,999

VERTEX DIGITAL ENTERTAINMENT TECHNOLOGIES, INC. 1439 Adriatico Cor. Sta. Monica St., 072, Barangay 669, Ermita, City Of Manila Basic Qualification: College graduate with experience in maintaining gaming devices, fluent in mandarin and English speaking.

FENG, YIXIN Chinese It Specialist 257.

Brief Job Description: Maintain the operations of electronic gaming devices.

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: College graduate with experience in maintain gaming devices, fluent in mandarin and English speaking.

DO THI PHUONG THANH It Specialist Brief Job Description: Maintain the operations of electronic gaming devices.

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: College graduate with experience in maintain gaming devices, fluent in mandarin and English speaking.

PHAM MANH CUONG It Specialist 259.

Brief Job Description: Maintain the operations of electronic gaming devices.

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: College graduate with experience in maintain gaming devices, fluent in mandarin and English speaking.

VAY PHO SAU It Specialist 260.

Brief Job Description: Maintain the operations of electronic gaming devices.

Salary Range: Php 30,000 - Php 59,999

VICCI BUSINESS CONSULTANCY CORP. 10/f Liberty Plaza, 102 H.v. Dela Costa St., Bel-air, City Of Makati WEI, NING Customer Relation Representative (mandarin Translation) 261.

Brief Job Description: Handle Service Support Calls, Emails and Chats Related to Inquiry From Clients and/or Customers Through Mandarin to English Translation

Basic Qualification: Through Extensive & Fluency Mandarin in Language and Characters Salary Range: Php 30,000 - Php 59,999

WESERV SYSTEMS INTERNATIONAL, INC. 11f Net 2 Square, 3rd Ave. Crescent Park West, Fort Bonifacio, City Of Taguig

262.

Salary Range: Php 30,000 - Php 59,999

Brief Job Description: Responsible for leading, managing and directing all of the marketing strategic related activities for integration, works with executives

XUE, ZHIJIE Chinese Chef

Salary Range: Php 30,000 - Php 59,999

Basic Qualification: Fluent in Mandarin, Melayu and English language (spoken and written)

Salary Range: Php 150,000 - Php 499,999

WEN, XIUFENG Chinese Chef

Basic Qualification: 18-55 years old, with good moral & written communication skills, with knowledge in computer applications.

Basic Qualification: Can speak and write fluent Korean language and preferably 6 months experience in office staff

Brief Job Description: Acts a front-line sale to ensure the proactive delivery of company products and services to supervise daily operations of the company

TREASURE CUISINE INCORPORATED 2/f Oceanaire Condo., L7 B Central Business Park, Barangay 76, Pasay City

Salary Range: Php 30,000 - Php 59,999

Basic Qualification: Can speak and write fluent Korean language and preferably 6 months experience in office staff

Basic Qualification: Must have lived, studied and worked in Malaysia for a t least ten years and is accustomed to its culture

NI, LIQIN VP, Strategic Marketing

Basic Qualification: Customer support and data base services

Salary Range: Php 30,000 - Php 59,999

LIEW THONG PEAW Executive Host, International Marketing

Salary Range: Php 60,000 - Php 89,999

SURESTE PROPERTIES INC. The Executive Offices, Solaire Resort & Casino, 1 Asean Avenue, Entertainment City, Tambo, City Of Parañaque

HSIEH, YI-CHENG Butler, Vip F&b International

Salary Range: Php 30,000 - Php 59,999

STRYKEBIT CO. LIMITED Suite 910 West Tower, Psec Exchange Road Ortigas Center, San Antonio, City Of Pasig

Salary Range: Php 30,000 - Php 59,999

KIM, SUNGHYUN Korean Technical Support Staff

Brief Job Description: Conduct market research to find answers about consumer requirement, habit and trends.

TIGER RESORT, LEISURE AND ENTERTAINMENT, INC. Okada Manila, New Seaside Drive, Entertainment City, Barangay Tambo, City Of Parañaque

SKYLUCK CORPORATION #360, Unit 243 Shaw Center Mall, Shaw Blvd., Addition Hills, City Of Mandaluyong

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Must be knowledgeable in developing and reviewing project quality plans, contract documents and project specifications. Must have Knowledge to a wide range of construction materials, methods, and techniques

Brief Job Description: With high Chinese speaking skills, must handle customer complain in a satisfactory manner.

Basic Qualification: At least 19 year old. Ability to speak write and communicate in Taiwanese.

HSU, YU-CHING Chinese Marketing Specialist 252.

Salary Range: Php 90,000 - Php 149,999

SHIBUYA SOLUTIONS INC. Unit 903-c Vicente Madrigal Bldg., 6793 Ayala Ave., Bel-air, City Of Makati

Brief Job Description: Knowledgeable in computer application with good oral and written communication skills

Brief Job Description: Train, supervise and work with all cook and culinary staff in order to prepare, cook and present food according to hotel standard recipes in order to create quality food products

CHENG, FENG-TZU Chinese Marketing Specialist

SA RIVENDELL GLOBAL SUPPORT, INC. 2/f Star Cruises Ce Bldg., Andrews Drive, Newport City St., Barangay 183, Pasay City

TRAN THI KIEU NHI Customer Service Representative

Basic Qualification: Proficient in speaking, reading & writing; candidate should have a minimum 1 + yr. experience in the same field

TIAN XIA TECHNOLOGIES INTERNATIONAL, INC. Bldg. B Filinvest Cyberzone 6, Bay City, Barangay 76, Pasay City

YONG TZE HIN Sous Chef, Casino Beverage

258. Basic Qualification: Must be knowledgeable in developing and reviewing project quality plans, contract documents and project specifications. Must have Knowledge to a wide range of construction materials, methods, and techniques.

QUALIFICATION AND SALARY RANGE

Salary Range: Php 30,000 - Php 59,999

QIAGEN BUSINESS SERVICES (MANILA), INC. Units A & D 12th Floor, Cyber Sigma, Mckinley West, Lawton Avenue, Fort Bonifacio, City Of Taguig

243.

NAME OF FOREIGN NATIONAL , POSITION AND BRIEF DESCRIPTION

250.

Salary Range: Php 30,000 - Php 59,999

NALOM JHON MARIS BATUBARA Finance Specialist

No.

Salary Range: Php 30,000 - Php 59,999

ESTABLISHMENT / ADDRESS

Salary Range: Php 30,000 - Php 59,999

Brief Job Description: The Mandarin Quality Control Officer ensures that the quality of product from plans to actual construction is strictly implemented

www.businessmirror.com.ph

INAGE, YUYA Manager – Japan Sales Engagement Lead For Ph Gdc Brief Job Description: Support the Global Delivery Center (GDC) growth target headcount from Japan Offshoring

Basic Qualification: Experience building customer relationships at a senior level Salary Range: Php 150,000 - Php 499,999

WINGZ AIR AVIATION SERVICES INC. Aaop Hangar 2 Bldg. Domestic, Cor. Mia Roads St., Barangay 191, Pasay City GEORGE, MEJO Pilot 263.

Brief Job Description: Responsible for the overall flying and operations of the company aircrafts

Basic Qualification: Minimum of 1000 hrs. total flying time, at least 3 years of experience working in operations Salary Range: Php 30,000 - Php 59,999 *Date Generated: Apr 18, 2022

Any person in the Philippines who is competent, able and willing to perform the services for which the foreign national is desired may file an objection at DOLE National Capital Region located at DOLE-NCR Building, 967 Maligaya St., Malate Manila, within 30 days after this publication. Please inform DOLE National Capital Region if you have any information on criminal offense committed by the foreign nationals.

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‘PHL’s game-changing laws stir intl investors’ interest’

Tuesday, April 19, 2022 A11

DOLE chief lays down groundwork to open more OFW jobs in Germany

HE chairman of the House Committee on Economic Affairs on Monday said the Philippines is now attracting a “good” kind of attention from investors who were previously hesitant to invest in the country. Rep. Sharon Garin of AAMBISOWA Party list, in a news statement, said an open Philippine economy is now catching the eyes of many international investors because of new policies recently enacted, while numerous business groups have expressed enthusiasm for the game changing provisions of the Foreign Investments Act and New Public Service Act. According to Garin, one of the principal authors of the laws, both local and foreign investors hailed the signing into law of the New PSA and the FIA by President Duterte last March. “Finally, after a century of restrictions, we now have relevant laws to help which encourages longterm investments in underutilized public sectors such telecommunications, shipping, air carriers, railways, and subways,” said Garin. “It’s an exciting new era for our economy especially as we struggled from the past two years of economic shutdown due to the pandemic. We have heard from Elon Musk’s Starlink, which will hopefully make Internet better and more accessible all over the country. Their low-orbit satellite technology can bring Internet access to remote areas which are previously underserved or unserved by traditional connectivity,” she said. She said Swiss Ambassador to the Philippines Alain Gaschen has also revealed that there are Swiss companies planning to set up operations in the country. Garin added that the Australian Ambassador to the Philippines, Steven Robinson, as well as the European Chamber of Commerce in the Philippines officials, have noted that the liberalization of some business would usher in more foreign funds and spur economic growth. “I can go on, but the list of excited potential investors is long. What is clear to me is that by making our economic policies relevant, we are now seeing a renewed interest in revitalizing our economy from many sectors,” she said.

“Remember, increased competition will generate higher quality of service and competitive pricing for consumers. Better services but lower prices will be our goal without sacrificing our local businesses and the consumers. We have put safeguards such as penalties for erring companies offering public services, and we have established a stringent set of requirements for vulnerable sectors and vetting of all potential investors,” Garin said. Based on estimates, the lady lawmaker said the passage of these laws would increase the Philippines foreign direct investments (FDI) by around P299 billion over the next five years. It is also expected to increase the gross domestic product (GDP) growth rate by 0.47 percentage points above the baseline. The Foreign Investments Act of 1991 is the law that regulates foreign investments in the Philippines. While the former law allowed foreign investors to invest up to 100 percent equity in domestic market enterprises, it also set many restrictions that limited the options for many investors. In connection, the Philippines has been ranked as the third most restrictive economy in the world based on the 2020 Organization for Economic Cooperation and Development (OECD) report. “There is a great need for economic and technology exchange in our country. We have been lagging behind some of our Asean neighbors and are further hampered by the economic shutdowns during the community quarantines. An inflow of capital and better technology is a great step towards reviving our economy,” Garin added. The Public Service Act amendments, meanwhile, modified an 85-year-old law to change the legal definition of “public services” and those that are blanketed by the category of the “public utilities” industry. The law now limits public utility to distribution and transmission of electricity, petroleum and petroleum products transmission, water distribution and wastewater systems, seaports, and public utility vehicles. Under the new measure, the 40 percent cap on foreign equity ownership is lifted from public services not classified as public utility. Jovee Marie N. Dela Cruz

DOH reports 1,674 Covid cases from April 11 to 17

2nd booster dose inoculation ‘on hold’ until presentation of HTAC review

HE Department of Health (DOH) logged 1,674 Covid-19 cases from April 11 to 17, an average of 239 cases per day. These figures, DOH said, is 12 percent lower as compared to the cases from April 4 to 10. Of all these cases, a single case has been classified as critical or severe, DOH added. The DOH also recorded 200 deaths wherein 43 died from April 4 to 17. Meanwhile, on April 17 there were 664 critical or severe cases admitted in the hospitals due to Covid. Of the 2,842 ICU beds for Covid patients, 450 (15.8 percent) are occupied. DOH also reminded the public to strongly adhere to health protocols in order to prevent further virus transmission. “We understand that everyone may be excited to enjoy leisure activities and gatherings. However, the virus is still present and we must be vigilant in our response to avoid another potential rise in the number of cases, especially amidst the threat of recombinant variants across the globe,” DOH said when asked to comment following the influx of tourists during the Holy Week as many were seen disregarding health protocols.

By Claudeth Mocon-Ciriaco @claudethmc3

HE Department of Health (DOH) said that the implementation of the 2nd booster is “currently put on hold” until the Health Technology Assessment Council (HTAC) has finished their vaccine review and has given their final recommendation. “Further, the said booster can be administered 4 months after the first booster dose. More details will

By Samuel P. Medenilla @sam_medenilla

HE country is now eyeing the deployment of more skilled workers to Germany under a new bilateral labor agreement with the European country, the Department of Labor and Employment (DOLE) revealed on Monday. In a news statement, Labor Secretary Silvestre H. Bello III disclosed they are currently negotiating for the new accord, which may provide employment opportunities for workers from 31 skills and pro-

fessions in Germany. Among the skills, which may be covered by the said agreement, are hotel service, electrical engineering and mechanics, sanitation, heating and air conditioning, and childcare. Currently, the country is primarily deploying health care workers (HCW) to Germany under the Triple Win Program, which is a government-to-government hiring arrangement. “Since 2013, we have deployed around 1,811 nurses under the Program, which is exempted from the cap on the overseas deployment of

Filipino health-care workers,” the labor chief said. The Philippine Overseas Employment Administration (POEA) imposed a 7,000-deployment cap for some HCWs to ensure the country will have sufficient work force for its Covid-19 response.

Alternative pathway

DOLE is trying to come out with another accord, which will provide “another pathway for the recruitment of health professionals” in Germany. In the proposed scheme, the private sector will be allowed to partici-

‘Manila and Tokyo boost partnership for Asia zero-emissions community’ By Jonathan L. Mayuga @jonlmayuga

HE Philippines and the Government of Japan are strengthening their partnership to reduce greenhouse gas emissions toward a decarbonized society and zero emissions community in Asia. During the recent PhilippinesJapan Bilateral Environmental Policy Dialogue, DENR Acting Secretary Jim O. Sampulna said the Bilateral Environmental Policy Dialogue served as an avenue for DENR and the Ministry of the Environment Japan or MOEJ to partner in protecting against the impact of climate change. “The Philippines, being an archipelago, is one of the most vulnerable countries to the effects of climate change. Our country has faced several typhoons for as long as we can remember. Partnering with Japan in terms of technology and knowhow on measures to mitigate climate change is indeed vital at this time,” Sampulna said. DENR Undersecretary for Policy, Planning, and International Affairs Jonas R. Leones said the Philippines remains committed to the “projected

be issued by NVOC (National Vaccination Operations Center) in the next coming weeks,” the DOH said, adding NVOC is already drafting the guidelines for implementation of the second booster dose rollout. The DOH also stressed that all vaccines mentioned in the emergency use authorization (EUA) for 2nd boosters will be used “except Gamaleya Sputnik V.” Meanwhile, according to the latest data from NVOC, as of April 17 there are 50.1 million eligible individuals

greenhouse gas emission reduction and avoidance of 75 percent.” MOEJ Vice Minister Tokutaro Nakai said the agency was deepening its cooperation with the DENR through strategies such as Initiative on Fluorocarbons Life Cycle Management, Joint Crediting Mechanism. Other initiatives are on transparency reporting on greenhouse gas emissions, city-to-city collaboration, and knowledge and tools sharing on climate adaptation projects and waste management technology support. “In the area of climate change, we were able to confirm that there are some areas of cooperation such as the implementation of the Nationally Determined Contributions (NDCs) as well as the development of the long-term strategies. We will make efforts to work for that and hope to cooperate with you in the future attempts, too,” Nakai said. Nakai said that the MOEJ would accelerate its effort to decarbonize Asia for the establishment of the so-called “Asia zero-emissions community.” The Bilateral Environment Dialogue was part of the first-ever Philippines-Japan Environmental Week organized by DENR and MOEJ. Through a joint statement, DENR

due for boosters, of which, 12.6 million have already been boosted. There are currently 37.6 million individuals left to be boosted based on the updated numbers. Earlier, DOH confirmed that the Food and Drug Administration (FDA) has approved the second booster shot to administer an additional Covid-19 vaccine booster dose to all senior citizens 60 years old and above, the immunocompromised, and frontline healthcare workers.

and MOEJ agreed to take actions to tackle climate change. “The two countries will work on advancing the life cycle management of fluorocarbon in the Philippines and Japan to contribute to the Philippines’ hydrofluorocarbons (HFCs) emissions reduction,” the statement read. On fluorocarbon, both sides confirm the ongoing and future cooperation between the DENR and the MOEJ in the potential assessment of HFC collection and destruction. “Other cooperation projects are on capacity development of policymakers and technicians and utilization of the Joint Crediting Mechanism (JCM) under the Initiative on Fluorocarbons Life Cycle Management (IFL),” the joint statement added. As part of the Partnership to Strengthen Transparency for co-Innovation (PaSTI) program, the DENR and MOEJ will continue to work on capacity building in the Industrial Processes and Product Use (IPPU) and waste sectors. These projects will strengthen greenhouse gas reporting and incentives for action. The partnership also calls for the engagement of the private and local government stakeholders as a key component.

“The DOH confirms receiving additional emergency use authorization from the FDA This 2nd booster dose shall be given at least 4 months after the first booster,” DOH said. For moderately and severely immunocompromised patients, DOH said, the second booster could be given earlier subject to the attending physician’s assessment. “The FDA thus recognized waning immunity in the specific populations,” DOH said.

Comelec may launch deployment of ballots for May 9 polls this month

HE Commission on Elections (Comelec) is eyeing to finally start the deployment this month of ballots to be used for the May 9, 2022 national and local elections. This after the poll body has now almost completed printing the replacements for 179,000 “defective” ballots. “The delivery of ballots may start by the third or last week [of April],” Comelec Commissioner Marlon S. Casquejo told reporters at the sidelines of Comelec’s signing of memorandum of agreement with SM supermalls on Monday. As for the defective ballots, which

contain misprint, smudges or miscut, these are set to be destroyed by the last week of April once it is approved by the Comelec en banc, according to Casquejo. The event will be witnessed by election watchdogs and the media to ensure all of the defective ballots will be properly disposed of. Earlier this month, Comelec announced it was able to complete the printing of 67.4 million ballots. Of which, around 1.7 million ballots were already deployed abroad to be used for the ongoing overseas absentee voting (OAV), while 65.75 million are still waiting to be deployed to be used by local voters.

No extension

CASQUEJO said despite the delayed start of the OAV in some Philippines posts, he noted extending the duration of the activity beyond the May 9 polls is not possible since it is unconstitutional. “The OV (overseas voting) is like a special [election]. It will start 30 days before the date of the election. It cannot be extended,” Casquejo explained. Currently, he said, only a few Philippine posts, namely Shanghai and Timor Leste, were unable to start their OAVs. He noted the lockdown imposed by the Chinese government in Shanghai to control the spread of Covid-19 in the

city is preventing over 1,600 Filipino voters there from casting their votes. “It will remain suspended until the lockdown is removed. But the question is if it will extend until May 9? That is the time we will face problems in Shanghai. The voting there will be in-person so the voters must go [to the Philippine posts],” Casquejo said. In the case of Timor Leste, the poll official said they were finally able to get a flight, which will bring the election materials for the OAV there by Thursday. The lack of flights for Timor Leste has earlier prevented Comelec from completing the said deployment. Samuel P. Medenilla

pate in the recruitment of Germanybound HCWs. Bello said they hope both pending agreements will be finalized before the end of President Duterte’s administration. This is in anticipation of the increase in demand for HCWs, particularly those skilled with geriatric care, amid Germany’s aging population. The German government and the Bertelsmann Stiftung Foundation set up a Geriatric Skills Laboratory in Baliuag University in Bulacan to provide the additional training to HCWs covered by the Triple Win Program.

Masungi Georeserve trustees to render presentation in 21st WTTC summit By Roderick L. Abad

Contributor

@rodrik_28

IMELY to the easing travel restrictions in most parts of the country, the Philippines is ready to welcome either in person or virtually over 600 industry leaders and 20 government representatives all over the world as they gather for the 21st Global Summit of the World Travel and Tourism Council (WTTC) from April 20 to 22. Putting the country on the travelers’ radar once again, Ann and Billie Dumaliang, trustees of the Masungi Georeserve Foundation, will be sharing insights on the role of tourism in biodiversity conservation efforts. “We are honored to be invited by WTTC President Julia Simpson and the Philippine government to speak about our project and continue to work in tandem on vital issues. Tourism plays a crucial role in biodiversity conservation efforts, both in terms of funding and spreading awareness on the importance of the environment,” said Dumaliang, managing trustee of Masungi Georeserve and a National Geographic explorer. The United Nations Development Programme, through the Biodiversity Finance Initiative, reported in 2018 that the Philippines had an 80 percent biodiversity funding gap. This means that the Philippine Biodiversity Strategy and Action Plan or PBSAP cannot be fully implemented due to resource constraints. Areas that are protected privately and other effective conservation measures like Masungi Georeserve are helping fill these funding and management gaps. Complementing government initiatives, its team ensures that visitors fully understand how caring for the environment is essential to survival. “We are hoping that with the resurgence of international and domestic tourism, we will be able to ramp up our conservation work,” she said. Part of the post-conference itinerary of the delegates is a visit to the Masungi Georeserve. Masungi Georeserve Foundation provides forest enforcement support to deter and ultimately eliminate threats to the georeserve and surrounding watershed areas. Through on-ground patrolling, installation of ranger stations and investments in monitoring technology, it has accelerated efforts and secured more areas for conservation in pursuance of the Masungi Geopark Project. To date, the foundation has been able to plant over 60,000 native trees, engage more than 100 park rangers, support 200 local households, and rescue 2,000 hectares of land from encroachment and illegal activities.

A12 Tuesday, April 19, 2022 • Editor: Angel R. Calso

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editorial

China’s Covid outbreak and Philippine elections

hina is experiencing its worst Covid outbreak since the lockdowns in Wuhan. The latest flare-up stems from the highly transmissible Omicron BA.2 variant, which is even more contagious than the original Omicron. Covid infections are falling through cracks as the virus speeds from city to city faster than screening measures are implemented.

With its Zero Covid approach, China initially succeeded in halting the spread of the virus. This was achieved through strong measures such as mobility control, including vaccination and non-pharmaceutical interventions like contact tracing, quarantine and lockdowns. These measures proved to be efficient in fighting the outbreak in Beijing in June 2020. From Bloomberg: “Shanghai’s coronavirus outbreak continued unabated with more than 23,500 new cases, while the northwestern Chinese city of Xian said it will temporarily impose a partial lockdown after reporting dozens of infections this month. China reported 24,680 new daily infections for Friday, according to the National Health Commission. More than 80 percent of Shanghai’s cases were asymptomatic as the virus continues to spread despite the weeks-long lockdown of 25 million people in the financial hub.” A Bloomberg News analysis said the current Covid surge in China was preceded by an influx of imported cases from Hong Kong. The uptick in cases in Shenzhen and Shanghai—key entry points into the mainland—came shortly after a surge in infections was recorded in quarantined travelers coming from Hong Kong. While China isolates everyone coming into the country for at least two weeks in line with its Covid Zero policy, health officials in both Shenzhen and Shanghai have pointed to lax oversight in quarantine facilities for arrivals as a potential cause for the virus’s spread, Bloomberg said. “Contact tracing data released by Shenzhen’s health authorities show that the earliest domestic cases in February stemmed from staff working at quarantine hotels, while Shanghai’s government has also acknowledged the role of “lapses in management” of imported cases in quarantine driving local outbreaks. China may be mute on whether Hong Kong was the source of its current outbreak, but its actions indicate officials recognize the risk,” Bloomberg said. In the Philippines, experts in epidemiologic modeling of the Department of Health are seeing a possible increase in Covid-19 cases due to a decline in the population’s compliance with minimum public health standards, which is vital to stop the virus from spreading. They said the country may have had a low number of cases from March to April, but Filipinos have been observing minimum public health standards less (by -7 percent nationwide, and -12 percent in the National Capital Region) during the same period (Read, “Experts see spike in Covid-19 cases if compliance with minimum health protocols keeps declining,” in the BusinessMirror, April 14, 2022). Based on the disease models, a 20-percent decrease in minimum public health standards compliance at the national level could lead to around 34,788 active cases in mid-May, with over 564 of these as severe and 267 critical; while a 30-percent decrease in minimum public health standards compliance might bring the cases up further to as high as 300,000 in mid-May. The DOH said this figure is higher than the largest recorded number of active cases at 291,618 during the peak of the Omicron wave in January 2022. Within NCR, estimates showed that a 50-percent decrease in minimum public health standards compliance may lead to around 25,000 to 60,000 new cases per day, bringing the number of NCR active cases to almost half a million by mid-May. However, if Filipinos are to strictly observe minimum public health standards, in addition to getting fully vaccinated and also up to date with their boosters, and assuming no new variant of concern comes in, the experts said the number of active cases nationwide could decrease and then plateau from 26,256 as of April 12 to just around 1,293 to 16,934 in mid-May. The coming May 9 election has the potential to become a national super spreader event if we are not careful. It pays to take health precautions seriously. We can all help maintain or reduce our current low number of cases. Lowering transmission will lessen the possibility of emergence of new variants that can spark widespread infections.

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any Filipinos have probably gone back from a long vacation by now. We all deserve the long break during the Lenten Season after another pandemic year that has taxed our strength and patience. For a religious nation like the Philippines, the Holy Week is a time to reflect on our personal lives, recharge the body and spirit, and look forward to a fresh start. The same is true with the economy and our small entrepreneurs. We have just assessed our activities and performances in the past year and the first three months of 2022. An entrepreneur or a businessman would wonder if he or she could have achieved more despite the challenges posed by the pandemic.

Just my theory John Mangun

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The long holiday gave us a reinvigorated spirit to pursue more and address our weaknesses, reinforce the weak spots—be it in sales or our target market—and perhaps look for an expansion to take advantage of or establish our competitive edge. An entrepreneur may have also missed out on assigning the better person for the job. The Philippine economy on a larger scale faces the same tests as the small businessman or entrepreneur. It is about to regain its

N a world where “fake news” or “misinformation” is treated as if it were an STD, we often embrace it as if “getting it” was as much fun as getting an STD.

For example: All the information coming out of the Russian war in Ukraine comes from the adversaries, either Russia or Ukraine. There is little, if any, unbiased verification. Even the US Pentagon said on “April 15, 2022: Pentagon Spokesman says the U.S. can’t confirm or refute if the Russian Cruiser Moskva was hit by a Ukrainian Neptune missile”. April 4, 2022: “Pentagon can’t independently confirm atrocities in Ukraine’s Bucha, official says. We’re also not in any position to refute those claims”. Every war is dependent on public opinion and support. It is in the best interest of the US to paint Russia with the worst possible news. But even the US military does not want to be labeled as “Baghdad Bob”. Go to social media/the press and everything is the absolute truth, depending on which side of the conflict you support. It is a clown show. Mention that there might be two sides

to a story and you get designated as Putin’s Puppet or one of Zelenskyy’s neo-Nazis. Things are not what they appear to be. Speaking of which, the situation in Shanghai is also ridiculous. The official story is that China is experiencing a massive Covid outbreak. The last time the Beijing government told the truth, the whole truth, and nothing but the truth was never. Apologies to my Chinese apologist friends. Nonetheless, that is the truth. China has an absolutely perfect record of never missing an official economic forecast. OK, they did once. But the revised data a month later showed that the first official prediction was perfect. China wants the world to believe that it is capable of a successful Zero-Covid policy. You can believe it because we know that the death toll even at the beginning of the pan-

The Philippines is actually ready for the new normal. I can see the optimism of the corporate sector. Every company seems to be in a bullish mood to expand and fill in the demand lost during the pandemic. previous strength, but some mobility restrictions remain despite the low number of daily Covid-19 cases now. For one, provincial buses that transport passengers from Metro Manila to their home provinces and vice versa cannot operate more efficiently because of terminal loading issues. But I remain upbeat that the government will soon resolve the few kinks in the economy. The Philippines is actually ready for the new normal. I can see the optimism of the corporate sector. Every company seems to be in a bullish mood to expand and fill in the demand lost during the pandemic. I am also pleased to learn that our local airlines and the travel sec-

Is Shanghai closed for business to further disrupt the global economy? China certainly does not have the rest of the world’s best interest in mind now that they are allying with Russia economically. Or is the government locking Shanghai down to remind the people that it has absolute control of their lives. It’s just my theory. demic was successful. The fact that satellite pictures showing hundreds of portable cremation facilities being shipped into the city is to be ignored. The official number of active cases on April 15th was 3,486. The number of asymptomatic cases—which China counts separately—was 20,782. That seems minuscule for a country with an official population of 1.41 billion people. But the epicenter appears to be Shanghai. As of 2019, the population of Shanghai was 26 million. China says that the case counts are virtually all in Shanghai, both active and recovered. Who are we to disagree? To maintain China’s Zero-Covid policy, all 26 million people have been locked down, unable to leave home for any reason. Western news reports said people are jumping out of windows for lack of food or maybe just boredom. Who knows? But China just reported its first

tor are bouncing back strongly after tourism took a plunge in the early months of the pandemic. Cebu Pacific is expecting to restore over 100 percent of its pre-pandemic domestic capacity this month on the easing of air travel restrictions. This airline noted a 200-percent rise in its average daily flights for both domestic and international combined—from about 100 flights a day in 2020 to about 300 this year. The Qatar Airways Group is hiring more staff from the Philippines to support global operations amid the recovery of the travel industry. The airline plans to recruit a significant number of cabin, lounge and contact center staff from the Philippines. Flag carrier Philippine Airlines is on the mend. It posted a comprehensive income of P56.49 billion in 2021, a turnaround from a huge loss of P73 billion in 2020. PAL’s fast recovery is a remarkable feat after filing for bankruptcy in 2020. Another budget airline, AirAsia See “Villar,” A13

Covid deaths in Shanghai two days ago. The lockdown seems like an overreaction based on the number of cases. The government says the problem is that only 38 percent of residents over 60 are fully vaccinated. The first deaths were aged between 89 and 91 and unvaccinated. Seems reasonable. However, Shanghai is the financial center of China. Average disposable income and consumer spending is more than double the national average. Even though employees are locked down or sleeping at the office, the Shanghai Stock Exchange, the world’s third-largest, is trading. Shanghai is the busiest seaport in the world and shipping has been crippled even if operations are “normal”. Customers waiting for Chinese goods say otherwise. In 2022, today it is a “conspiracy theory”; in six months, the theory has become fact. Is Shanghai closed for business to further disrupt the global economy? China certainly does not have the rest of the world’s best interest in mind now that they are allying with Russia economically. Or is the government locking Shanghai down to remind the people that it has absolute control of their lives. It’s just my theory. E-mail me at mangun@gmail.com. Follow me on Twitter @mangunonmarkets. PSE stock-market information and technical analysis provided by AAA Southeast Equities Inc.

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Tuesday, April 19, 2022 A13

Collect tax assessment The resurrection of VP Leni The “pink camp” should do no that is final and executory less if it wants to catch up with Manny F. Dooc

TELLTALES

Atty. Irwin C. Nidea Jr.

Tax law for business

he Bureau of Internal Revenue (BIR) has been aggressive in its collection schemes, which in my opinion are trampling upon the constitutional right to due process of every Filipino. It is not a secret that the BIR has been issuing warrants of distraint and levy against the bank accounts and properties of taxpayers that have pending tax assessments. Collection proceedings are pursued, bank accounts are garnished, and properties are sold in public auction even if a taxpayer has correctly, timely and properly filed an appeal with the Court of Tax Appeals (CTA). My colleague, Atty. Unciano touched upon this issue in his article a few weeks ago. I wish to give my additional insights on this embarrassing policy since even multinational companies are being targeted. We are supposed to attract foreign direct investments. But if these investors will feel helpless when the BIR collects a bloated tax assessment, these investors will shy away, and we will never move forward as a nation. The BIR anchors its alleged colossal powers in Section 11 of the law creating the Court of Tax Appeals (CTA Charter). It states that “No appeal taken to the CTA from the decision of the Commissioner of Internal Revenue on a disputed assessment shall suspend the payment, levy, distraint and/or sales of any property of the taxpayer for the satisfaction of his liability xxx.” In other words, an appeal to the CTA will not stop the BIR from collecting a disputed tax assessment. So, even if a case is pending before the CTA and unless the CTA orders the suspension of tax payment, the taxpayer has no choice but to surrender his properties to the BIR. Does this sound, look or feel fair? It obviously does not. The BIR’s reliance in the CTA Charter is misplaced. The CTA Charter must be read together with the Tax Code and related BIR revenue issuances. The CTA Charter only states that an appeal to the CTA of a disputed assessment will not stop the BIR from instituting collection proceedings. It must be emphasized though that the manner on how and when collection proceedings must be instituted are governed by different laws or rules that are ironically embedded in the BIR’s own revenue issuances. It is clear from these revenue issuances that the BIR can only collect if a tax assessment has become final and executory. While the CTA Charter is silent as to when the remedy of enforcement of distraint or levy may be availed of, the Tax Code and its corresponding revenue issuances are clear as to when these remedies may take effect. The Tax Code provides that the Commissioner of Internal Revenue (CIR) or his duly authorized representative may distraint the personal property or levy the real property of the taxpayer upon failure of the latter to pay its delinquent tax. Thus, even if a case that is elevated to the CTA may be subject of collection, the BIR is prohibited by its own rules to pursue collection proceedings if the assessment is not considered delinquent. RR 04-19 defines a delinquent account as a tax due from a taxpayer arising from the audit of the BIR, which had been issued Assessment Notices that have become final and executory due to the following instances: Failure to pay the tax due on the prescribed due date provided in the Final Assessment Notice (FAN)/ Formal Letter of Demand (FLD) and for which no valid Protest, whether a request for reconsideration or reinvestigation, has been filed within 30 days from receipt thereof; Failure to file an appeal to the Court of Tax Appeals (CTA) or an administrative appeal before the Commissioner of Internal Revenue (CIR)

within 30 days from receipt of the decision denying the request for reinvestigation or reconsideration; or Failure to file an appeal to the CTA within 30 days from receipt of the Decision of the CIR denying the taxpayer’s administrative appeal to the Final Decision on Disputed Assessment. Also, under Revenue Memorandum Order 35-2019, garnishment, and levy of properties for delinquent accounts shall be pursued in tax assessments that have become final and executory, to wit: “In order to protect the interest of the government, civil remedies provided under Section 205 of the National Internal Revenue Code, as amended, shall immediately be pursued as soon as the “Form 40-Collectible” reports relative to the following have been received by the offices responsible in the enforcement of collection remedies: 1. List of Unpaid Revenues (Annex “A”)—these are self-assessed taxes arising from dishonored checks, the unpaid second installment of income tax due of individual taxpayers and duly validated unpaid tax due per tax returns; and 2. List of Unpaid Tax Assessments (Annex “B”)—these are tax assessments arising from an investigation which have become “final and executory” in accordance with existing policies.” In the said Annex “B” of RMO 35-2019, it enumerates the list of tax assessments that are considered final and executory. The list includes (a) unprotested FAN/FLD; (b) unappealed FDDA; (c) unappealed Decision of the Commissioner; and (d) final and executory decisions of Court. Clearly, a tax assessment will only be considered final and executory when it was unprotested or not appealed. Again, an appeal to the CTA, unless a suspension order is issued, will not stop the BIR from enforcing levy and garnishment against the properties of taxpayers. But as to how and as to when these BIR powers may be exercised are governed not by the CTA Charter but by the BIR’s own revenue issuances. These revenue issuances are categorical in saying that the BIR can only collect if a tax assessment has become final and executory. So, even if an appeal to the CTA will not stop the BIR from garnishing or levying properties, the BIR cannot garnish or levy on a whim. It must follow its own rules, which says that its power to garnish and levy properties is limited to assessments that have become final and executory. The BIR must not collect on tax assessments that have been properly appealed and protested. It must concentrate on low hanging fruits and collect tax assessments that have been ruled upon by the Supreme Court as final and executory. The author is a senior partner of Du-Baladad and Associates Law Offices, a member-firm of WTS Global. The article is for general information only and is not intended, nor should be construed as a substitute for tax, legal or financial advice on any specific matter. Applicability of this article to any actual or particular tax or legal issue should be supported therefore by a professional study or advice. If you have any comments or questions concerning the article, you may e-mail the author at irwin.c.nideajr@ bdblaw.com.ph or call 8403-2001 local 330.

S we move past Easter into the elections, there are many startling developments that may impact the results of the presidential derby. One of the remarkable events is the sudden surge of voters’ support to the candidacy of VP Leni. The results of the latest poll survey conducted by the Pulse Asia bears out what political observers have pointed out all along that the mammoth crowds which have attended VP Leni’s political rallies are harbingers of her revitalized campaign. That such massive show of support is happening around the country even in vaunted bailiwicks of her nemesis such as in Davao del Norte, Cavite, Pangasinan, and Pampanga is the political caper in this election. VP Leni performed miserably in these provinces against BBM in the vice presidential race in 2016, but now the crowds chanted “Babawi kami, babawi kami!” as she spoke to them. The massive show of force which gets bigger and louder as the election draws near may be the wonder story of this election. And to think that in previous surveys, VP Leni has been languishing in a poor second to frontrunning BBM with just a quarter of the votes credited to BBM. It’s true that she’s still too far off from the first placer but her 9 percent gains have enlivened the hopes of her supporters across the land. No doubt it has infused life to her anemic campaign and restored energy to her backers. After going through the ordeal of massive misinformation and negative campaign, short of being nailed on the cross by an army of trolls, she has survived and resisted all the brickbats thrown at her. She has literally risen from the dead and has gained the momentum to threaten the leader. It will be an uphill climb to overtake BBM with barely 20 days to go. It will be a miracle to achieve that feat, but people can create miracles. If the people believe in a rightful cause and

have faith in the leader, miracles can happen. We are seeing more influential leaders and political groups declaring or shifting their support to VP Leni. Congressman Joey Salceda, Congressman Pantaleon Alvarez, Governor Ben Evardone, Congressman Rufus Rodriguez, former Speaker Joe de Venecia and his family, and other well known personalities will not be the last. We will not be surprised if other heavyweights troop to VP Leni’s camp as the day of reckoning approaches. The smell of success draws people. Even celebrities are no longer afraid to openly campaign for her. Piolo Pascual, Nadine Lustre, Ms. Universe Pia Wurtzbach, Ms. International Kylie Versosa and Anne Curtis are the latest to lend their star power to encourage people to vote for VP Leni. Expect more strong influencers to join the bandwagon and make a beeline to throw their support to the “Kakampinks”. As Agusan del Norte Representative Lawrence Fortun has said, the shift of support to VP Leni indubitably shows that politicians “are heeding their good conscience and putting the interest of the country first.” Who can argue with that? It’s hard to stop the groundswell of support for VP Leni. With limited days remaining to campaign, several key cities are holding political rallies even without her presence. What is astonishing is that these rallies

and overtake the top contender. They should approach every voter and actively solicit his or her vote. Her strategy to campaign house-to-house is a shot in the arm. still get massive ground support despite the absence of the standard bearer. One of her daughters acts as her proxy and delivers VP Leni’s message, which is well appreciated and applauded by the adoring crowds. It happened in Legazpi City, and was replicated in other parts of the country. Barry Gutierrez, VP Leni’s spokesperson, claimed that people show their support by coming out physically to their meetings. They could have done town hall meetings like what some of her opponents have been doing, but how can you contain 50,000 or 100,000 attendees inside a gym? How could VP Leni accommodate the 150,000 crowd that occupied the entire Ortigas Complex during her Pasig campaign rally, or the estimated 220,000 people who deluged the City of San Fernando in Pampanga during her campaign sortie in the so-called Arroyo country? Struck by the biggest crowd she has ever seen since she started her campaign forays, she humbly said: “I have never dreamed that I will ever stand on a stage here with so many people.” If she can’t believe it now, then she should brace herself for the avalanche of votes she will get from all unexpected places. The late Senate President Amang Rodriguez loved to say that “politics is addition” but what we are seeing now is that politics is multiplication. What would you do if the sea of people inundated your rallies? Barry Gutierrez explained that “we don’t believe in busing people… We’ve never done that. It’s the people who have actually shown up wherever the vice president has gone.” Unlike other camps that were shown distributing alleged cash “prizes” or “cash ayuda” to the

poor during their rallies, the vice president does not resort to such gimmicks to attract the crowd. The “pink camp” should do no less if it wants to catch up with and overtake the top contender. They should approach every voter and actively solicit his or her vote. Her strategy to campaign house-to-house is a shot in the arm. Her campaigners should zero in on people who are not yet Robredo supporters and inform them of her programs and platform. It will do well if VP Leni can make a big final push to cement her lead in her home region to further galvanize the support of the Bicolanos behind her. She should aim to garner 85 percent to 90 percent of the votes of the “uragons” to give her enough buffer. Promoting the VP will not be a hard sell. She’s squeaky clean compared to her main protagonist. Her record of accomplishment as our vice president speaks for itself. She has launched and implemented various programs far beyond the limited budget and resources provided her office. She has inspired the private sector and army of volunteers to support her initiatives, which have helped the marginalized sector of our society. More than anyone else she has improved the lot of those who have less in life. The most cogent reason for voting for her is that, pitted against the forces perceived to represent tyranny and corruption, one will be on the right side of history. VP Leni may lose in this battle but her brave supporters can look anyone in the eye without shame or remorse. The question that VP Leni and her political strategists should ponder is: Can the massive show of force, which is staple of her campaign rallies, translate into votes on election day? This is their homework, which they should resolve between today and the eve of the election. On May 9, the voters will submit their ballots and, perforce, they should shade the box opposite VP Leni’s name. VP Leni’s valiant efforts should not go in vain. She has been resurrected and her supporters should pull no punches to set up VP Leni’s ascension to the highest post in our government.

PRC: 75 years of providing humanitarian service to the Filipino people Message of Sen. Richard J. Gordon, Philippine Red Cross Chairman and Chief Executive Officer, in celebration of the PRC’s 75th Founding Anniversary.

blessed Good Friday! May the sacrifice of Jesus and the grace of God bless all our hearts and homes with peace.

Today, we commemorate the Philippine Red Cross’s 75 years in the service of the Filipino people. It is fitting that such a momentous occasion falls during Good Friday, a day of contemplation and reflection for most of our countrymen. The Philippine Red Cross (PRC) originally had its roots in the Philippine Revolution of 1896 but was officially created on April 15, 1947. It was initially involved only in the provision of first aid to soldiers at war, supplying blood and medicine as well as some participation in disaster-related rescue activities. Almost eight decades later, the PRC now offers a broad range of humanitarian services to help the most vulnerable during times of danger. Following in my mother’s footsteps, I joined the Red Cross as a volunteer 55 years ago. In 2004, I was elected Chairman and immediately went about a modernization and ex-

Villar. . .

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Philippines, has increased its flight frequency by 30 percent to accommodate the surge in bookings during the Holy Week and the rest of the dry season. The revival of the airline sector will shortly translate into more Filipino jobs. Resorts and hotels in several travel destinations in the countryside are reopening. Host communities of these air travelers

I thank all our volunteers and staff spread across our nation, and express my sincere and profound respect for all of you who have sacrificed much in our crusade to alleviate the suffering of our countrymen. Thank you for your praiseworthy commitment. Thank you for your boundless dedication.

pansion program. From having one ambulance and a few blood banks, we today have a state-of-the-art operations center which helps us track and receive disaster updates, our own maritime vessel, the MV Amazing Grace that can deliver relief goods should land transport be problematic after a calamity, 2 amphibious rescue vehicles, 29 food trucks, each capable of serving nutritious hot meals to 100 people every hour, 28 water tankers that recently provided 15 million liters of potable water to disaster areas affected by Typhoon Odette, payloaders, hospital tents, and 10 warehouses all over the country that make rescue and response more efficient. During the Covid-19 pandemic, we established 14 molecular laboratories for RT-PCR testing, a service that the PRC had never offered before. Today, we are the largest testing provider in the country and have

conducted over 5 million tests. The PRC also opened 25 vaccine centers and deployed 16 buses to help make vaccination more accessible to our people. We also opened 6 isolation facilities for those who test positive and need to be segregated from the community in order to stop transmission and keep people safe. Today, the PRC is the country’s foremost humanitarian organization and has become the partner of choice for local and international entities that wish to bring immediate yet long-lasting aid to alleviate the suffering of our fellow Filipinos whose lives are affected by calamities, sickness, disasters and armed conflict. Our mantra of Volunteers + Lo-

will likewise benefit from the influx of local and foreign tourists. Restaurants, souvenir shops, spas and boat operators will enjoy this tourism boom. The rest of the corporate sector is in the same upbeat mood judging from what I read in the business sections of our daily newspapers. Converge ICT Solutions Inc., for one, recently raised P10 billion from the sale of retail bonds to fund the expansion of its broadband network nationwide. Pilipinas Shell Petroleum Corp. is budgeting P3 billion

to P4 billion this year to expand and upgrade its retail network after shutting down its Batangas refinery in 2020. My own Villar Group, in addition, is pursuing the trading of real estate investment trusts. Vista REIT Inc., the commercial real estate investment trust unit of my Vista Land & Lifescapes Inc., has just filed a registration statement with the Securities and Exchange Commission for a planned P9.18-billion initial public offering by the middle of the year. There are other corporates

gistics + Information Technology equals a Philippine Red Cross that is Always First, Always Ready, and Always There, so aptly describes how we are able to accomplish the complexities of our 24/7 tasks. Our 75th year is by no means a pinnacle milestone for the PRC, but the continuation of our journey towards a century of compassionate humanitarian service to the most marginalized. This journey will be our inspiration to further develop our organization’s services and provide the resilience that our country needs to face any future uncertainties. I thank all our volunteers and staff spread across our nation, and express my sincere and profound respect for all of you who have sacrificed much in our crusade to alleviate the suffering of our countrymen. Thank you for your praiseworthy commitment. Thank you for your boundless dedication. Finally, as Chairman of this noble and inspiring organization, I assure the public that PRC shall remain committed to provide the best humanitarian service possible towards a better tomorrow for all Filipinos in need. Mabuhay! God bless the Philippines! that have sold or are about to sell bonds, or conduct their own initial public offerings in the local capital market to finance their expansion projects. These corporate offerings are a reflection of the private sector’s positive mood on the economy. Private companies are pursing their expansion plans with vigor and trust on the economy’s unmistakable recovery. For comments, send e-mail to mbv_secretariat@vistaland.com.ph or visit www.mannyvillar. com.ph

A14 Tuesday, April 19, 2022

BSP REMINDS PUBLIC TO USE CYBER SECURITY FEATURES FOR ONLINE TRANSACTIONS By Bianca Cuaresma @BcuaresmaBM

HE Bangko Sentral ng Pilipinas (BSP) issued a public advisory on Monday urging financial consumers to use all available security features for online transactions to boost protection against online cybercrimes. In its statement, the Central Bank said it is encouraging digital financial consumers to enable “multiple layers of security features” in their conduct of online transactions as part of efforts to protect their accounts from fraudulent activities and strengthen cyber security. These security features include multi-factor authentication (MFA) for online transactions in BSP-Supervised Financial Institutions’ (BSFIs) digital platforms, and compliance with policies on the management of cyber security risks. MFA requires users to verify their identity through several methods before proceeding with a transaction. MFA includes one-time PINs

(OTPs), biometric authentications, and mobile banking PINs (MPIN). Authentications are sent through SMS, e-mail, or phone call. Enabled notifications will promptly alert the individual if a transaction was completed. “The BSP advises financial consumers to practice cyber hygiene by refraining from sharing personal and sensitive information; using strong passwords and changing them regularly; updating device operating systems; and immediately reporting suspicious or unusual activities to BSFIs,” the BSP said. “The BSP continuously reminds the public that e-safety is everyone’s responsibility,” it added. Just earlier this year, the Bankers Association of the Philippines (BAP) announced the signing of the Memorandum of Understanding (MOU) with the Department of Justice. BAP said this MOU will facilitate the creation of a collective, coordinated and strategic cyber response that is crucial in this period of heightened cyber criminality.

Japan, PHL sign ₧14-B loan for post-pandemic vaxx budget support By Cai U. Ordinario @caiordinario

HE Japanese and Philippine governments on Monday signed and exchanged notes for a new P14-billion loan that will be used to finance the country’s vaccination needs. The 30-billion-yen loan aims to provide budgetary support in the post-Covid-19 era. The loan will be extended “under highly concessional terms.” The Japanese government said the loan’s repayment period is set at 11 years after a grace period of 4 years, with a fixed interest rate of 0.01 percent per annum. “This support includes over 3 million vaccine donations, grant aid for the procurement of medical equipment and establishment of laboratory surveillance sites, technical assistance for cold chain development,” the Japanese gov-

Dela Rosa panel eyeing law further regulating e-sabong

By Rene Acosta @reneacostaBM & Butch Fernandez @butchfBM

HE Senate Committee on Public Order and Dangerous Drugs has wrapped up its investigation into the cases of missing cockfight aficionados, with its chairman, Senator Ronald “Bato” dela Rosa reading out initial recommendations, including the crafting of a law that would regulate Online Sabong and limit its holding and availability only during Sundays and holidays. The hearing on Monday was the fourth for the committee which is looking into the reported kidnapping and disappearance on separate occasions of a total of 34 “sabungeros” in three cockpit arenas in Manila, Laguna and Batangas that were operated by the online-sabong firm of businessman Charlie “Atong” Ang. Meanwhile, during the hearing, dela Rosa and fellow administration senator Francis Tolentino questioned the grant of government’s permission for “e-sabong

betting” on the very day marking the death of Jesus Christ on the Cross. Tolentino said the cockfight betting on “e-sabong” on Good Friday was a “gross disregard of the holiest religious observance” among Christian Catholics, and added, “They did not respect the faith and long tradition in the country when Christian Catholics observe Holy Week.” It was likely, he quipped, that “they forgot they are also regulating E-Sabong.” Tolentino acknowledged, how-

ever, it will likely “take many hours, weeks and months” to hammer out a law addressing the e-sabong situation, but quickly added it cannot disregard a tradition in the country, like “sabong.”

Panel recommendations

ASIDE from the regulation of the e-sabong—which, as Ang earlier testified before the committee, earned at least P2 billion for his company alone—the Senate committee also sought the delineation in the power and roles of agencies of government in the operation of the online cockfighting following the “finger pointing” as to who is responsible over the mess and alleged violations attributed to Ang’s company. Likewise, dela Rosa’s committee recommended stricter “policing” of online betting in order to ensure that minors are shielded from it and for the Bureau of Internal Revenue (BIR) to immediately collect the taxes due from online sabong operators and their companies. T he recommend at ions a re among the measures to be included in the final report of dela Rosa’s committee. At Monday’s hearing, Nicolas Mano, 22, and his younger brother,

21, denied their involvement in the kidnapping and disappearance of Johndel Francisco and his driver on April 18, 2021 at the Ang-operated cockpit in Sta. Cruz, Laguna. This, despite their earlier admission to Francisco’s wife, which was recorded. They also denied they were assets of the police, despite admitting it, also to Francisco’s wife, who claimed she even saw the two suspects in the company of policemen. The members of the committee initially believed they were in cahoots with these cops. The Mano brothers were arrested by the National Bureau of Investigation on separate anti-illegal drugs charges on June 8, 2021 in Batangas City. According to their NBI case officer, lawyer Eduardo Ramos Jr., they were identified by witnesses and complainants as the abductors of Francisco. Ramos said the arrest of the two during the operation was covered live by a television station and when the network aired it, the complainants officially identified them as the perpetrators. One of the brothers was even wearing Francisco’s wristwatch, as claimed by his wife and confirmed by Ramos. See “De la Rosa,” A2

ernment said. “[It will also finance the] provision of Avigan tablets for Covid-19 treatment, as well as big-ticket yen loan assistance through the Covid-19 Crisis Response Emergency Support Loan (CCRESL) and the Post-Disaster Standby Loan,” it added. The signing and exchanging of notes for the Covid-19 Crisis Response Emergency Support Loan Phase-2 (CCRESL Phase-2) was done between Japanese Ambassador Kazuhiko Koshikawa and Department of Foreign Affairs Undersecretary Lourdes O. Yparraguirre on Monday. The Japanese government said the first CCRESL was provided to the Philippines in July 2020, which made the Philippines the very first recipient of this highly concessional loan linked to address the global health crisis. CCRESL Phase-2 is the second loan support provided to the Philippines. THE Commission on Elections and the SM Supermalls ink an agreement for the Let's Vote Pinas, a vote counting machine demonstration and experience in preparation for the 2022 national elections, on Monday, April 18, 2022. Signing the agreement are Comelec executive director Atty. Bartolome Sinocruz, Commissioner Marlon Casquejo, Chairman Saidamen Pangarungan, SM President Steven Tan and Bien Mateo, SM Senior Vice President. NONIE REYES

USTR flags corruption, delays in PHL BOC, DA By Andrea E. San Juan

AMBASSADOR Kazuhiko Koshikawa signs and exchanges notes with Foreign Affairs Undersecretary Lourdes O. Yparraguirre to formalize the Covid-19 Crisis Response Emergency Support Loan Phase-2 (CCRESL Phase-2). PHOTO COURTESY OF JAPAN EMBASSY IN MANILA

HE United States Trade Representative has expressed concern over reports of corruption and undue and costly delays in customs processing in the Philippines. In its 2022 National Trade Estimate Report, the USTR cited customs barriers in the Philippines as one of the factors that restrict trade. “Reports of corruption and irregularities in customs processing persist, including incidents of undue and costly delays, irregularities in the valuation process, 100 percent inspection and testing of some products, and inconsistent assessment of fees,” the report read.

“Some importers have reported that the Philippine Bureau of Customs continues to use reference prices for the valuation of meat and poultry products in a manner that appears inconsistent with the WTO [World Trade Organization] Customs Valuation Agreement,” it added. The National Trade Estimate Report (NTE) covers significant foreign trade barriers in over 64 markets. It covers significant trade barriers in areas, including but not limited to: import policies, technical barriers to trade, sanitary and phytosanitary measures, government procurement, intellectual property protection, services barriers, barriers to trade and electronic commerce, investment barriers. The USTR also emphasized that

a few requirements by the Department of Agriculture (DA) may be stringent. “The Philippines’s Department of Agriculture requires that importers obtain a sanitary and phytosanitary import clearance (SPSIC) permit and transmit the permit to the exporter prior to shipment of any agricultural product” the report read. “Each permit is valid for only one shipment and has limited validity periods of 15 to 90 days depending on commodity type,” it added. In addition, the USTR pointed out that “this requirement adds costs, complicates the timing of exports, and prevents the rerouting to the Philippines of products intended for other markets but not

sold there for commercial reasons.” It added: “It also prevents an exporter from reselling an imported product if the importer refuses to accept delivery or abandons the shipment.” The USTR, in its report, also highlighted that the Philippines is one of several countries that “have implemented automotive safety standards that effectively exclude vehicles built to conform to the US Federal Motor Vehicle Safety Standards (FMVSS).” With this, the USTR emphasized that it “will continue its engagement with foreign government and authorities, to ensure that US exports of FMVSS-compliant vehicles are able to access their markets.”

Companies

Editor: Jennifer A. Ng

Tuesday, April 19, 2022

Vitarich 2021 profit surges as revenues touch record

By VG Cabuag

@villygc

isted Vitarich Corp. on Monday said its income grew ninefold last year to P89.44 million from the previous year’s P9.29 million on higher revenues. The company said its revenues reached a record P9.7 billion, up 23 percent from the previous year’s P7.88 billion driven by growth in all of its business segments. “2021 not only delivered new revenue records across segments, but also pointed to higher long-term volume growth,” Ricardo Manuel M. Sarmiento, the company’s president and CEO, said. “Our strategy to expand our capabilities has been validated by market trends toward rising consumption of meat products and convenience food. This formed the basis of our recent capital investments in the business, and as a result, we have good revenue

visibility going into 2022.” Cost of goods rose 21 percent to P8.9 billion due to higher sales volume and prices of raw materials such as wheat, soybean and corn which went up by an average of 12 percent from the previous year. The cost inflation was due to several factors, including logistics challenges due to Covid-19, reimposed series of quarantine measures in the third quarter, as well as supply disruptions for soybeans in the fourth quarter due to high demand from China, increasing domestic use in the United States, and lower output from Brazil and Argentina. Capital expenditure last year

reached P117.7 million, primarily for the construction of a new warehouse in Davao and for additional machinery and equipment in Bulacan, Iloilo and Davao to meet volume demand and to upgrade bagging lines for automation. Revenues from the feeds segment, which accounted for almost half of total sales, were up 14 percent to P4.7 billion with volumes reaching the highest levels ever for tie-up and commercial customers, such as distributors and direct farms. Sales volume climbed 12 percent while average selling prices rose by 3 percent. The feeds segment produces and markets animal feeds, health and nutritional products and supplements to various distributors, dealers and end users nationwide. Revenues from the foods segment, which accounted for 44 percent of revenues, grew 36 percent to P4.2 billion due to a 21-percent increase in sales volume and 12-percent increase in average selling prices. The segment sells chicken broilers, either as live or dressed, to customers, supermarkets and wet markets.

Revenues from the farms segment, which accounted for 8 percent of the total business, registered a 19 percent increase to P778 million. Fair value adjustments on biological assets amounting to P55.1 million was recognized as part of revenues and P78 million as part of cost of goods. The segment is involved in the production of day-old chicks and pullets. “Looking ahead, we expect revenues to stay robust, but the ongoing challenges will temper the full impact of sales growth on our earnings. Supply chain headwinds will persist and pressure our costs in raw materials and transportation,” Sarmiento said. “In view of these elevated input costs, we will continuously reconfigure our purchasing approach and explore new grain and protein sources to reduce dependency on corn, wheat, and soybean meal. We are positive that higher volumes, cost efficiency, and responsible price increases will help us meet our performance objectives while ensuring that our products remain affordable.”

SFA Semicon income doubles S

outh Korean semiconductor firm SFA Semicon Philippines Corp. (SSP) said its income last year more than doubled to $12.8 million (about P668 million) from the previous year’s $5.5 million (P287.1 million) on higher sales. Gross revenues of the company that has a facility in Clark Freeport Zone in Pampanga rose 8 percent to $347.02 million from the previous $322.66 million, mainly as a result of the double-digit rise in over-all production output and orders and the increased volume contribution of non-Samsung end-customers to total revenues. “SSP staged a breakthrough recovery in financial and operating results which validates its SFA group based marketing strategy and takes advantage of its supe-

rior manufacturing efficiencies,” company chairman and CEO Joon Sang Kang said. He said the company’s total production output breached the 1 billion-unit mark on the back of incremental volume contribution from new customers. Total production increased 9 percent to 1.08 billion units from 994 million units last year. Kang said the steady growth in the revenue contribution of new end-customers drove the positive performance of the company. Under contract with its parent company SFA Semicon Co. Ltd of Korea (SSK), which was previously a unit of technology giant Samsung, the Philippine unit expanded its production contract with Wireless Power Amplifiers Corp. for the assembly of non-memory power amplifier

modules in land grid array packages. Total production amounted to nearly 90 million modules which accounted for a share of 8 percent of the company’s total output. The company also produced 22 million multi-media flash cards, 38 percent higher from the 16 million units posted the previous year. Production orders from new customer Ramos Technology of Korea totaled nearly 6 million units which provided the incremental volume contribution. Its output of DR AM memory modules in various formats reached 884 million, accounting for 82 of the overall output for the year, and an increase of 2 percent from the previous year’s 863 million memory modules. Total module output was shipped through its parent company to its principal

end-customer which has been a partner customer since 2011. Orders of component chips totaled 86 million units, 22 percent lower than the 110 million chips assembled and tested in 2020. It accounted for 8 percent of the 1.08 billion units produced during the year. The global semiconductor industry is expected to continue its growth trajectory at a moderate pace of about 8 percent in 2022 in line with the growing memory requirements of data centers and the sustained demand for computing and automotive electronics, it said. The company said it remains optimistic that its financial and operating performance will continue in line with its integrated global marketing strategy under parent corporation, SSK. VG Cabuag

Globe unit Mitsubishi dealer taps clean energy eyes joint ventures By Lenie Lectura @llectura

sticom Group of Companies, a wholly-owned subsidiary of the Globe Group, aims to “grow and expand” its portfolio of business through strategic partnerships, joint ventures, and acquisitions, a ranking official said on Monday. Asticom President Mharicar Castillo-Reyes said the group is “currently in talks with several parties but emphasized that they are not interested in simply having a partner investor.” “A number of private equities have approached us in the past three months and have raised interest. We’re making sure that we find the right strategic partners that will help us grow the business and add value to the solutions we offer to address the needs of our customers,” she said in a statement. Fiber Infrastructure and Network Services Inc. (FINSI) General Manager Marc Kerveillant said the group is open to entering into joint ventures and even acquisitions. FINSI, a local engineering and enablement solutions provider for the telecom and technology industries, is a subsidiary of Asticom. LorenzS.Marasigan

itsubishi Motors Philippines Corp. (MMPC), in partnership with Manila Electric Co. (Meralco), unveiled its first Dendo Drive Station, which features a clean energy ecosystem enabled by the services provided by Meralco subsidiaries. Piloted at the Mitsubishi dealership under Peak Motors Philippines Inc. (PMPI) in Pasay City, the next generation dealership uses solar panels and vehicle to home (V2H) equipment with bi-directional chargers. The V2H system enables the charging of electric vehicles (EVs) or plug-in hybrid EVs (PHEVs) at home using solar energy, while also supplying electricity from the EV or PHEV to an entire house or in the case of the Dendo Drive Station, the Mitsubishi branch. Meralco subsidiaries provided the tailor-fit sustainable solution for the pilot station. Spectrum’s services involved the installation of a 28-kilowatt peak solar panel and the facility’s inclusion to the net-metering program, while eSakay provided

two EV charging pods. Putting them together was MServ, which handled the electrical works and system integration for the Dendo Drive Station. Mitsubishi’s flagship plug-in hybrid SUV, the Outlander PHEV, which was launched in 2020, is also part of the Dendo Drive Station. When purchased, the Outlander PHEV will come with a conventional charger, allowing it to be charged directly from a home socket. “We are very happy to have achieved this milestone with our dealer partner PMPI and energy provider Meralco. Mitsubishi Motors has always been dedicated to continuously studying technologies

and gaining expertise when it comes to vehicle electrification. The Dendo Drive Station is a manifestation of this, bringing a new kind of value in terms of eco-mobility,” MMPC President Takeshi Hara said. “Designed to be part of our commitment to help achieve a sustainable society by 2030 while at the same time impact the communities where Mitsubishi dealerships are located. We hope to get more support in helping instill confidence among Filipinos when it comes PHEVs and more importantly shed some light on environmental sustainability.” Meralco Chief Commercial Officer Ferdinand Geluz said the Dendo Drive is a testament to the shared commitment of Mitsubishi and the One Meralco Group to promote a new energy ecosystem where consumers can generate, store, and share energy. “You can be assured that Meralco will continue to drive renewable energy solutions as a way forward to augment the capacity of our generators and to support the sustainability endeavors of our customers through decarbonized energy sourcing, as together we journey towards economic recovery.”

‘Office space demand in NCR leaps’

Buildings tower above Ayala Avenue in Makati’s central business district in this BusinessMirror file photo. Nonie Reyes

emand for commercial properties and vertical housing surged in the National Capital Region (NCR) following the return to the face-to-face work setup, according to real estate portal Lamudi. Its latest data showed a doubledigit growth in leads for warehouses, offices and buildings for lease from the fourth quarter of 2021 to first quarter of this year. The uptrend is aligned with the recent order of the Philippine Economic Zone Authority for a 100 percent return to office of employees of all registered information technologybusiness process outsourcing companies starting April 1. This is consistent with existing laws requiring all business locators in the ecozones to avail of tax incentives. An increased commercial property appetite was apparent in central business district-hosting cities in Metro Manila, per the study. The P100,000 to P200,000 price range in Makati attracted the largest share of leads for commercial properties to rent in Lamudi in Q1 2022. Offices were the most popular commercial subcategories in the same period, followed by buildings and retail. Demand for residential rentals in the country’s financial capital, likewise, saw a significant hike with leads increasing by roughly 40 percent during the period. Inquiries from property hunters outside of the metropolis rose during the period in review, with seekers from Cebu City and Calamba joining Imus and Angeles as part of the top

sources of leads for the city. In Pasig, where Ortigas Center is located, commercial property leads surged by double digits, with the P100,000 to P200,000 price segment leading from January to March of this year. Offices surpassed warehouses as the most searched subcategory for commercial properties in the city during the time, alongside an uptick in inquiries for residential rentals, up 28 percent quarter-on-quarter. The leads for commercial properties in Quezon City had a doubledigit growth, with commercial properties for lease priced at P100,000 to P200,000 garnering the most leads. For two years, the work-from-home arrangement has become the norm due to the pandemic. Workers, however, have begun to go back to the workplace following the decline in Covid-19 cases and the easing of quarantine restrictions. “While this offers promising opportunities for real estate players, it also presents challenges, primarily in making commercial spaces appealing to employees who have become used to working from home,” said Kenneth Stern, chief executive officer of Lamudi. Stern said it is important to have value-adding amenities that promote work-life balance, including daycare facilities that allow working mothers to bring their children to the workplace, and fitness centers that make it easy for professionals to adopt an active lifestyle. Roderick L. Abad

Companies BusinessMirror

Tuesday, April 19, 2022

Factories to procure clean energy from First Gen, EDC

By Lenie Lectura

@llectura

he power unit of the Lopez Group has so far signed up 10 entities that have shifted to renewable energy (RE) through licensed Green Energy Option Program (GEOP) supplier First Gen Corp. and its 100 percent RE arm, Energy Development Corp. (First Gen-EDC).

The first batch of switchers are Asahi Electrical Manufacturing Corp.; Bulacan HJR International Corp.; Engtek Philippines Inc.; Goldilocks Bakeshop Group of Companies; HJR International Corp.; Mary Grace Cafe (Bluemantle Industries Inc.); Puratos Manufacturing Corp.; Puresteel Manufacturing Corp.; The Linden Suites; and TMC Interna-

tional Corp. Two facilities of Bulacan HJR are sourcing RE from First GenEDC, which had the most number of GEOP switchers for the first batch, with 11 out 17 facilities signing up to avail of this program that allows them to lower their carbon footprint. Under the government’s GEOP, companies with an average peak demand of at least 100 kilowatts (kW)

for the past 12 months can directly source their electricity from licensed providers. “GEOP empowers businesses by giving them this opportunity to take a strong stand for the environment and future-proof their operations as they become a part of the solution to our warming climate,” said Gideon Red Butalid, head of EDC’s Market Planning and Contracts team. This means that any company in the country that meets the average peak demand requirement can now choose which Renewable Energy Supplier they want to partner with depending on their budget and electricity supply requirements. These GEOP switchers’ facilities now enjoy a stable supply of clean power from First Gen-EDC’s geothermal facilities. Considered as the “Holy Grail among RE technologies,” geothermal energy provides uninterrupted baseload power rain or shine, all year round or what the leading RE firm refers to as Geo 24/7. Being powered by Geo 24/7 will enable them

to avoid a minimum of 0.61 tons of carbon dioxide per 100kW in lieu of coal each year. Apart from being able to lower their carbon footprint, GEOP customers may enjoy more affordable electricity rates that mainly come from having zero VAT on generation charges and fixed rates that are not indexed on our foreign exchange since power is sourced from indigenous renewable energy sources. “This is definitely a major factor for making the switch as coal prices continue to soar due to the ongoing war in Ukraine and also due to the peso’s depreciation against the US dollar.” First Gen-EDC has over 1,480MW total installed capacity that accounts for 20 percent of the country’s total installed RE capacity. They’re 1,181MW geothermal portfolio accounts for 62 percent of the country’s total installed geothermal capacity and has put the Philippines on the map as the 3rd largest geothermal producer in the world.

Local car sales surge in March–Campi

ehicle sales surged and hit pre-Covid levels in March, according to the Chamber of Automotive Manufacturers of the Philippines Inc. (Campi) and Truck Manufacturers Association (TMA). A joint report released by Campi and TMA on Monday showed that

vehicle makers sold 29,685 units in March, 43.4 percent higher than the previous year’s 20,702 units. “March performance has already reached the industry’s pre-Covid level of sales—and now the highest monthly sales recorded since the onset of the pandemic based on our data,” CAMPI President Rommel Gutierrez said in a statement. “This milestone is very important to the industry as this essentially gives us a positive signal of continued recovery amid the economy and business operations alike starting to normalize,” he added. However, Gutierrez said the industry remains wary of “looming risks” that could threaten the coun-

try’s economic recovery. “At this point, it is indeed crucial that we remain on guard against any potential risks in achieving full economic recovery, and pre-pandemic levels of business and consumer confidence at the same time.” On a monthly basis, vehicle sales also jumped by 22.1 percent from the

24,204 units sold in February. Year-to-date, vehicle sales rose by 6.3 percent to 74,754 units, from the previous year’s 70,312 units. Data from Campi and TMA that the Asian utility vehicle (AUV) and the passenger car (PC) segments dragged down the performance of the industry in January to March. Andrea San Juan

mutual funds

April 18, 2022

NAV

One Year Three Year

Five Year

per share Return*

Y-T-D Return

Stock Funds ALFM Growth Fund, Inc. -a

223.86

6.75%

-4.98%

-3.24%

-3.96%

ATRAM Alpha Opportunity Fund, Inc. -a

1.508

17.78%

-1.79%

0.65%

-9.39%

7.48%

-8.77%

-5.89%

ATRAM Philippine Equity Opportunity Fund, Inc. -a 3.0968

-4.35%

Climbs Share Capital Equity Investment Fund Corp. -a 0.7433 0.94%

-7.3% n.a.

-1.74%

First Metro Consumer Fund on MSCI Phils. IMI, Inc. -a 0.6901 2.03%

-7.17% n.a.

-10.48%

First Metro Save and Learn Equity Fund,Inc. -a

-2.61%

-0.96%

-2.95%

13.16%

-4.67%

-4.31%

5.03

First Metro Save and Learn Philippine Index Fund, Inc. -a MBG Equity Investment Fund, Inc. -a

9.49% 0.7517

85.39

-11.71%

PAMI Equity Index Fund, Inc. -a

46.0397

6.84%

-12.42% n.a. -3.7%

-1.81%

Philam Strategic Growth Fund, Inc. -a

480.54

6.54%

-3.73%

-1.97%

-4.02%

Philequity Dividend Yield Fund, Inc. -a

1.35

22.96%

1.17%

1.31%

-0.46%

Philequity Fund, Inc. -a

35.4257

-0.49%

9.94%

-2.65%

0.9103

8.74%

-3.99% n.a.

Philequity PSE Index Fund Inc. -a

4.772

8.15%

-2.94%

-1.09%

-3.81%

Philippine Stock Index Fund Corp. -a

793.31

7.47%

-3.07%

-1.17%

-4.25%

Soldivo Strategic Growth Fund, Inc. -a

0.7159

7.38%

-8.09%

-4.05%

Philequity MSCI Philippine Index Fund, Inc. -a

Sun Life Prosperity Philippine Equity Fund, Inc. -a 3.5985 Sun Life Prosperity Philippine Stock Index Fund, Inc. -a United Fund, Inc. -a

3.3189

-4.03%

-9.57% -4.34%

-3.2% -3.3%

-4.88%

7.77%

-5.57%

-2.41%

-4.69%

0.9036

7.13%

-3.38%

-1.43%

7.4%

-3.58%

-0.22%

-3.44%

-4.33%

Primarily invested in Peso securities (units) Philequity Alpha One Fund, Inc. -a

1.1511

Philippine Stock Index Fund Corp. -a

968.14 n.a. n.a. n.a. n.a.

12.68% n.a. n.a.

-1%

Exchange Traded Fund (shares) First Metro Phil. Equity Exchange Traded Fund, Inc. -a,c

107.0299

8.05%

-2.8%

-0.73%

-3.99%

Primarily invested in foreign currency securities (shares) ATRAM AsiaPlus Equity Fund, Inc. -b

$0.9949

Sun Life Prosperity World Voyager Fund, Inc. -a $1.6542

-21.22%

-1.46%

1.37%

-11.68%

-5.51%

8.58%

8.6%

-10.41%

Balanced Funds Primarily invested in Peso securities (shares) ATRAM Dynamic Allocation Fund, Inc. -a

1.6174

-0.72%

-1.82%

-1.55%

-4.41%

ATRAM Philippine Balanced Fund, Inc. -a

2.2069

2.21%

-1.41%

-1.02%

-3.27%

5.21%

0.13%

0.7%

-2.16%

First Metro Save and Learn Balanced Fund Inc. -a 2.6328

First Metro Save and Learn F.O.C.C.U.S. Dynamic Fund, Inc. -a 0.2052

9.03% n.a. n.a.

NCM Mutual Fund of the Phils., Inc. -a

1.07%

1.08%

-2.31% -3.29%

1.9702

3.62%

PAMI Horizon Fund, Inc. -a

3.6412

2.39%

-0.1%

-0.08%

Philam Fund, Inc. -a

16.3117

2.32%

-0.36%

-0.18%

-3.17%

Solidaritas Fund, Inc. -a

2.0708

3.62%

-0.96%

-0.4%

-2.39%

Sun Life of Canada Prosperity Balanced Fund, Inc. -a 3.5241 4.07%

-2.64%

-0.88%

-3.37%

Sun Life Prosperity Dynamic Fund, Inc. -a

-1.32%

-0.36%

0.9238

10.36%

-1.82%

-3.19%

Primarily invested in Peso securities (units) Sun Life Prosperity Achiever Fund 2028, Inc. -a

0.9442

-1.2%

-1.53% n.a.

-4.61%

Sun Life Prosperity Achiever Fund 2038, Inc. -a

0.8991

3.32%

-3.1% n.a.

-4.81%

Sun Life Prosperity Achiever Fund 2048, Inc. -a

0.8882

3.9%

-3.43% n.a.

-4.89%

Primarily invested in foreign currency securities (shares) Cocolife Dollar Fund Builder, Inc. -a $0.03466 PAMI Asia Balanced Fund, Inc. -b

$0.9948

-8.81%

-1.26%

-12.61%

-0.44%

-8.65% -6.78%

-0.25%

1.12%

Sun Life Prosperity Dollar Advantage Fund, Inc. -a $4.3471 -6.71%

5.35%

5.84%

-9.48%

Sun Life Prosperity Dollar Wellspring Fund, Inc. -a,2 $1.0928 -7.68%

1.34%

2.09%

-8.83%

Bond Funds Primarily invested in Peso securities (shares) ALFM Peso Bond Fund, Inc. -a

373.7

0.94%

2.44%

2.43%

ATRAM Corporate Bond Fund, Inc. -a

1.8864

-1.25%

0.08%

0.09%

-0.16%

Cocolife Fixed Income Fund, Inc. -a

3.2402

0.63%

2.43%

3.58%

-0.12%

Ekklesia Mutual Fund Inc. -a

2.2111

-1.66%

0.82%

1.14%

-1.79% -0.39%

0.09%

First Metro Save and Learn Fixed Income Fund,Inc. -a 2.4165 -0.47%

2.36%

1.83%

Philam Bond Fund, Inc. -a

4.2895

-3.57%

2.19%

1.26%

-2.41%

Philam Managed Income Fund, Inc. -a

1.3163

-0.04%

3.26%

2.78%

-0.21%

Philequity Peso Bond Fund, Inc. -a

-0.72%

2.97%

2.49%

1.0132

-1.31%

3.37%

1.99%

-1.46%

Sun Life of Canada Prosperity Bond Fund, Inc. -a 3.1602

3.927

Soldivo Bond Fund, Inc. -a

-0.39%

3.18%

3.01%

-0.85%

Sun Life Prosperity GS Fund, Inc. -a

-1.07%

2.39%

2.31%

-1.06%

1.7123

-0.98%

Primarily invested in foreign currency securities (shares) ALFM Dollar Bond Fund, Inc. -a

$483.7

0.18%

2.14%

2.05%

-1.2%

ALFM Euro Bond Fund, Inc. -a

Є215.26

-2.02%

-0.1%

0.4%

-2.16%

ATRAM Total Return Dollar Bond Fund, Inc. -b

$1.0973

-6.77%

-2.01%

-0.36%

-8.85%

First Metro Save and Learn Dollar Bond Fund, Inc. -a $0.0248 -3.88%

-0.53%

-0.08%

-4.62%

PAMI Global Bond Fund, Inc -b

$0.9303

-11.64%

-4.24%

-2.79%

-9.04%

Philam Dollar Bond Fund, Inc. -a

$2.2951

-7.18%

0.63%

0.8%

-8.4%

$0.0611297

-2.35%

1.71%

1.42%

-1.87%

Sun Life Prosperity Dollar Abundance Fund, Inc. -a $2.8636 -8.44%

-1.15%

-0.65%

-10.41%

Philequity Dollar Income Fund Inc. -a

Money Market Funds Primarily invested in Peso securities (shares) ALFM Money Market Fund, Inc. -a

131.59

1.28%

2.45%

2.53%

First Metro Save and Learn Money Market Fund, Inc. -a

1.0611

1.04%

1.73% n.a.

Sun Life Prosperity Peso Starter Fund, Inc. -a,1

1.52%

2.31%

1.3214

2.5%

0.3% 0.32%

0.44%

Primarily invested in foreign currency securities (shares) Sun Life Prosperity Dollar Starter Fund, Inc. -a $1.0623

0.63%

1.25% n.a.

0.16%

Feeder Funds Primarily invested in Peso securities (units) ALFM Global Multi-Asset Income Fund Inc. -a

45.4454 n.a. n.a. n.a. n.a.

Sun Life Prosperity World Equity Index Feeder Fund, Inc. -a 1.3172

7.05% n.a. n.a.

-4.75%

Primarily invested in foreign currency securities (units) ALFM Global Multi-Asset Income Fund Inc. -a

$0.9038

-8.71% n.a. n.a.

a - NAVPS as of the previous banking day. b - NAVPS as of two banking days ago.

c - Listed in the PSE.

-6.82%

d - in Net Asset Value per Unit (NAVPU).

1 - Renaming was approved by the SEC last July 8, 2021 (formerly, Sun Life Prosperity Money Market Fund, Inc.). 2 - Adjusted due to stock dividend issuance last November 25, 2021.

"While we endeavor to keep the information accurate, the Philippine Investment Funds Association (PIFA) and its members make no warranties as to the correctness of the newspaper’s publication and assume no liability or responsibility for any error or omissions. You may visit http://www. pifa.com.ph to see the latest NAVPS/NAVPU."

www.businessmirror.com.ph

PSE STOCK QUOTATIONS

April 18, 2022

Net Foreign Stocks Bid Ask Open High Low Close Volume Value Trade (Peso) Buy (Sell) FINANCIALs

BDO UNIBANK BANK COMMERCE BANK PH ISLANDS CHINABANK CITYSTATE BANK EAST WEST BANK METROBANK PHIL NATL BANK PSBANK RCBC SECURITY BANK UNION BANK BRIGHT KINDLE COL FINANCIAL IREMIT MEDCO HLDG MANULIFE PHIL STOCK EXCH SUN LIFE

149,105,595 5,897,568 161,745,419.50 538,980 10,697 2,953,938 30,224,711.50 328,564 30,132 150,748 14,176,310 3,064,870.50 101,200 48,450 6,520 15,000 95,050 247,408 28,490

-33,507,023 5,264,000 -11,438,735 -908,036 -10,306,441.50 13,374 5,982 -9,382,232 853,855.50 7,740 -

INDUSTRIAL AC ENERGY 8.33 8.34 8.5 8.5 8.33 8.34 4,373,600 36,611,538 0.99 1.02 1 1 0.99 0.99 13,000 12,900 ALSONS CONS ABOITIZ POWER 35.2 35.4 35.5 35.5 35 35.4 179,600 6,335,435 0.4 0.405 0.405 0.405 0.39 0.4 4,250,000 1,689,900 BASIC ENERGY FIRST GEN 25.1 25.2 24.9 25.2 24.9 25.1 24,300 609,495 70.45 70.55 69.95 70.4 69.95 70.4 13,460 942,067 FIRST PHIL HLDG MERALCO 360.4 362 362 362.8 358.8 362 115,820 41,818,496 19.58 19.6 19.5 19.7 19.5 19.58 242,000 4,741,128 MANILA WATER PETRON 3.29 3.3 3.32 3.33 3.3 3.3 277,000 915,780 5.01 5.05 4.98 5.09 4.98 5.08 31,000 155,160 PETROENERGY PHX PETROLEUM 9.93 10.22 10.1 10.22 10.1 10.22 5,100 51,922 12.3 12.32 12.4 12.48 12.3 12.3 430,900 5,326,918 SYNERGY GRID PILIPINAS SHELL 17.48 17.52 17.52 17.6 17.42 17.52 219,700 3,848,368 14.42 14.5 14.6 14.64 14.5 14.5 121,300 1,767,246 SPC POWER SOLAR PH 1.8 1.81 1.78 1.81 1.78 1.81 16,158,000 29,124,430 4.78 4.83 4.87 4.89 4.74 4.84 581,000 2,824,390 AGRINURTURE AXELUM 2.43 2.55 2.43 2.55 2.43 2.55 255,000 636,890 12.06 12.98 13 13 13 13 200 2,600 CNTRL AZUCARERA CENTURY FOOD 22.2 22.5 22.55 22.85 22.05 22.2 486,100 10,898,550 14.18 14.3 14.4 14.4 14.18 14.18 5,200 73,780 DEL MONTE DNL INDUS 7.3 7.35 7.28 7.4 7.28 7.3 2,567,800 18,823,662 17.26 17.28 17.16 18.06 17.1 17.26 6,057,500 105,259,758 EMPERADOR SMC FOODANDBEV 61.9 62.8 62.5 62.8 61.9 62.8 568,030 35,283,809 0.57 0.58 0.57 0.58 0.57 0.58 1,185,000 677,330 FIGARO COFFEE ALLIANCE SELECT 0.57 0.58 0.57 0.57 0.57 0.57 401,000 228,570 1.11 1.12 1.11 1.13 1.11 1.12 223,000 248,590 FRUITAS HLDG GINEBRA 105.7 108.5 105.5 105.8 104 105.7 11,130 1,174,164 220.4 220.8 220 221 219 220.4 176,240 38,805,490 JOLLIBEE KEEPERS HLDG 1.21 1.22 1.19 1.23 1.19 1.22 1,004,000 1,217,630 22.6 24.45 22 22 22 22 100 2,200 LIBERTY FLOUR MACAY HLDG 5.55 6.24 5.55 5.55 5.55 5.55 2,000 11,100 6.15 6.27 6.02 6.27 6.02 6.27 100,200 612,154 MAXS GROUP MG HLDG 0.133 0.134 0.135 0.135 0.134 0.134 200,000 26,810 13.24 13.32 13.3 13.32 13.04 13.32 1,796,200 23,740,806 MONDE NISSIN SHAKEYS PIZZA 8.11 8.33 8.34 8.34 8.33 8.33 6,000 50,028 0.58 0.6 0.58 0.6 0.58 0.6 70,000 41,130 ROXAS AND CO RFM CORP 4.29 4.3 4.23 4.3 4.23 4.29 28,000 119,680 0.1 0.104 0.104 0.104 0.1 0.1 120,000 12,050 SWIFT FOODS UNIV ROBINA 116 116.2 117.5 118 116 116 314,810 36,809,362 0.65 0.66 0.63 0.66 0.63 0.66 1,557,000 1,004,950 VITARICH CEMEX HLDG 0.84 0.85 0.84 0.85 0.84 0.84 498,000 420,230 12.96 13.34 13.34 13.34 12.94 13.34 4,400 57,056 EAGLE CEMENT EEI CORP 4.51 4.54 4.55 4.57 4.48 4.54 223,000 1,009,430 5.56 5.65 5.65 5.69 5.55 5.69 14,700 83,031 HOLCIM MEGAWIDE 5.07 5.08 5.2 5.2 5.08 5.08 106,100 541,174 19.62 19.64 19.5 19.62 19.5 19.62 6,400 125,520 PHINMA VULCAN INDL 0.96 0.97 0.98 0.98 0.93 0.97 309,000 293,120 1.8 1.83 1.8 1.83 1.8 1.83 7,000 12,750 CROWN ASIA EUROMED 1.12 1.14 1.14 1.14 1.12 1.12 24,000 27,340 5.68 5.74 5.67 5.67 5.67 5.67 25,100 142,317 PRYCE CORP CONCEPCION 19.4 19.44 19.5 19.6 19.44 19.44 111,200 2,174,322 1.5 1.51 1.45 1.51 1.45 1.5 14,667,000 21,865,340 GREENERGY INTEGRATED MICR 7.63 7.7 7.55 7.71 7.55 7.63 113,400 868,146 0.71 0.73 0.73 0.73 0.73 0.73 12,000 8,760 IONICS PANASONIC 6.18 6.31 6.31 6.32 6.31 6.31 4,700 29,667 1.07 1.11 1.05 1.12 1.05 1.12 76,000 81,750 SFA SEMICON CIRTEK HLDG 3.12 3.15 3.1 3.15 3.08 3.15 250,000 778,010

-14,364,530 -226,305 -611,550 -160,095 94,432.50 -2,669,606 -1,296,944 29,880 312,448 -3,358,964 -224,532 -465,240 1,756,790 -1,036,285 5,715,915 -10,527,550 -556,397 22,800.00 -13,440 -121,339 -13,044,294 297,950 -208,670 -1,350 3,982,878 -44,192 -43,000 -7,487,491 -21,000 5,176 261,500 -14,582 -113,400 -1,844,880.00 -17,230 26,908 -31,500

ABACORE CAPITAL ASIABEST GROUP AYALA CORP ABOITIZ EQUITY ALLIANCE GLOBAL ANSCOR ANGLO PHIL HLDG ATN HLDG A ATN HLDG B COSCO CAPITAL DMCI HLDG FILINVEST DEV GT CAPITAL JG SUMMIT LT GROUP METRO PAC INV PRIME MEDIA SOLID GROUP SM INVESTMENTS SAN MIGUEL CORP TOP FRONTIER WELLEX INDUS ZEUS HLDG

2,977,830 -27,845,395 -7,948,137 -600,732 29,700 240,890 -1,992,619 -8,297,180 12,049,734.50 -8,610,926 769,970 -27,392,435 -162,492 -

HOLDING & FRIMS

129.4 12.16 97.9 26.8 6.84 7.98 54.1 19.06 55.8 19.3 106.2 84 1.91 3.71 0.8 0.305 952.5 201 2,652

1.06 3.69 767 56.75 12.4 9 0.9 0.57 0.57 4.93 8.59 6.93 512 56.05 8.93 3.86 1.37 0.88 865 107.1 114 0.28 0.16

130 12.18 98 26.85 8.19 8 54.15 19.1 57 19.86 106.5 84.1 1.95 3.87 0.85 0.33 1,018 202 2,818

1.07 4.28 768 57 12.44 9.2 0.95 0.58 0.59 4.94 8.6 7.14 514.5 56.5 8.95 3.88 1.4 0.89 870 107.9 118.5 0.3 0.17

130.3 12.12 98.1 26.8 8.39 8.1 54.95 19.1 55.8 20 106.9 84.95 1.9 3.7 0.79 0.3 950.5 214.4 2,850

1.07 4 780 57.65 12.4 9.02 0.94 0.56 0.59 4.93 8.72 7.14 512 55.6 8.89 3.84 1.4 0.89 872.5 107.3 118.5 0.28 0.16

131.5 12.18 98.2 26.85 8.39 8.23 54.95 19.14 55.8 20 106.9 84.95 1.91 3.87 0.87 0.3 950.5 214.4 2,850

1.08 4 780 57.65 12.4 9.02 0.94 0.59 0.6 4.95 8.72 7.14 515.5 56.5 9.05 3.88 1.4 0.89 874 107.9 118.5 0.28 0.16

129 12.12 97.8 26.8 8.19 7.81 54 19.1 55.8 19.28 106 83.2 1.9 3.7 0.79 0.3 950.5 202 2,848

1.04 4 766 56.1 12.28 9 0.94 0.56 0.59 4.9 8.51 7.14 510 55.4 8.89 3.83 1.37 0.88 865 106 118.5 0.28 0.16

129.4 12.18 98 26.85 8.19 8 54.1 19.1 55.8 19.28 106.2 84 1.91 3.87 0.85 0.3 950.5 202 2,848

1.07 4 767 56.75 12.4 9 0.94 0.58 0.59 4.94 8.6 7.14 512 56.5 8.95 3.88 1.4 0.88 865 107.9 118.5 0.28 0.16

1,147,070 484,800 1,650,170 20,100 1,300 369,900 557,710 17,200 540 7,700 133,460 36,510 53,000 13,000 8,000 50,000 100 1,220 10

3,851,000 2,000 85,160 426,340 459,600 7,000 39,000 989,000 56,000 85,000 3,179,500 800 39,210 2,155,840 1,922,500 8,439,000 174,000 251,000 144,170 35,290 30 80,000 60,000

4,076,120 8,000 65,419,105 24,180,466.50 5,681,836 63,038 36,660 567,920 33,050 418,750 27,307,045 5,712 20,075,970 120,541,390.50 17,240,603 32,619,160 241,500 221,880 124,940,210 3,784,574 3,555 22,400 9,600

PROPERTY ARTHALAND CORP 0.55 0.58 0.58 0.58 0.58 0.58 5,000 2,900 34.1 34.35 34.5 34.5 34.1 34.1 4,526,500 154,872,520 -34,701,570 AYALA LAND AYALA LAND LOG 4.75 4.77 4.79 4.8 4.7 4.78 3,512,000 16,782,140 -215,400 43.95 44.1 44.5 44.5 43.9 43.95 964,800 42,503,660 4,848,405 AREIT RT A BROWN 0.88 0.9 0.87 0.87 0.87 0.87 13,000 11,310 0.089 0.092 0.09 0.093 0.089 0.09 3,370,000 300,910 -226,060 CROWN EQUITIES CEB LANDMASTERS 2.98 2.99 3.02 3.02 2.97 2.99 1,279,000 3,826,060 -378,320 2.57 2.58 2.58 2.6 2.57 2.57 1,640,000 4,229,140 23,130 CITICORE RT DOUBLEDRAGON 8.84 8.88 8.9 8.9 8.84 8.84 36,700 325,373 -11,555 1.57 1.58 1.56 1.58 1.56 1.58 1,616,000 2,538,150 -734,790 DDMP RT DM WENCESLAO 6.79 6.8 6.8 6.8 6.79 6.79 45,000 305,800 0.224 0.23 0.224 0.224 0.224 0.224 10,000 2,240 EMPIRE EAST EVER GOTESCO 0.25 0.26 0.25 0.26 0.245 0.26 3,580,000 911,000 7.34 7.35 7.32 7.35 7.3 7.35 427,700 3,137,928 373,498 FILINVEST RT FILINVEST LAND 1.06 1.07 1.07 1.08 1.06 1.06 688,000 730,120 -313,120 0.89 0.91 0.89 0.89 0.89 0.89 14,000 12,460 GLOBAL ESTATE 8990 HLDG 13.28 13.5 13.8 13.82 13.28 13.5 481,000 6,479,550 -24,356 633 651 680 680 630.5 635 510 325,125 -27,200 GOLDEN MV PHIL INFRADEV 0.92 0.97 0.9 0.92 0.9 0.92 11,000 10,100 1,820 0.86 0.89 0.88 0.88 0.88 0.88 5,000 4,400 CITY AND LAND MEGAWORLD 2.93 2.94 2.91 2.95 2.91 2.93 2,825,000 8,264,490 -1,336,350 0.223 0.224 0.231 0.231 0.223 0.224 6,490,000 1,458,110 -189,920 MRC ALLIED MREIT RT 17.38 17.4 17.46 17.5 17.36 17.4 4,380,700 76,253,376 -13,313,924 0.41 0.415 0.41 0.41 0.41 0.41 170,000 69,700 PHIL ESTATES PRIMEX CORP 2.45 2.49 2.51 2.52 2.4 2.49 1,359,000 3,377,690 7.43 7.44 7.48 7.49 7.4 7.44 2,246,500 16,723,798 -5,150,278 RL COMM RT ROBINSONS LAND 19.84 19.9 20 20 19.84 19.9 233,500 4,645,344 1.37 1.44 1.4 1.44 1.37 1.44 17,000 23,560 ROCKWELL SHANG PROP 2.51 2.57 2.51 2.57 2.51 2.57 6,000 15,120 2.8 2.89 2.9 2.9 2.8 2.89 38,000 109,030 -2,820 STA LUCIA LAND SM PRIME HLDG 37 37.15 36.85 37.5 36.05 37.15 8,197,900 303,587,690 -126,613,585 3.15 3.42 3.13 3.43 3.13 3.43 13,000 41,570 VISTAMALLS SUNTRUST HOME 1.01 1.05 1.05 1.05 1.01 1.05 9,000 9,180 2.6 2.61 2.62 2.64 2.58 2.6 983,000 2,555,200 -788,230 VISTA LAND SERVICES ABS CBN 12.7 12.8 12.6 12.7 12.52 12.7 136,300 1,726,318 15.7 15.72 15.94 15.96 15.54 15.7 4,395,400 69,530,968 GMA NETWORK GLOBE TELECOM 2,424 2,440 2,450 2,450 2,420 2,424 17,420 42,366,980 -32,436,320 1,889 1,892 1,839 1,898 1,836 1,892 174,465 328,610,495 94,909,890 PLDT APOLLO GLOBAL 0.045 0.046 0.046 0.047 0.045 0.045 350,400,000 16,072,700 -196,800 30.1 30.15 29.95 30.2 29.65 30.15 4,880,500 146,359,050 57,160,940 CONVERGE DFNN INC 2.66 2.72 2.65 2.75 2.65 2.72 150,000 403,990 -24,480 5 5.01 5.05 5.06 5 5.01 3,042,300 15,298,491 -1,355,925 DITO CME HLDG JACKSTONES 1.66 1.76 1.7 1.82 1.7 1.82 22,000 38,480 1.27 1.3 1.26 1.31 1.25 1.28 380,000 490,870 1,610 NOW CORP TRANSPACIFIC BR 0.32 0.325 0.33 0.33 0.32 0.325 3,410,000 1,108,450 19,500 7.4 7.52 7.3 7.52 7.3 7.52 10,500 77,864 2GO GROUP ASIAN TERMINALS 13.5 13.68 13.78 13.78 13.78 13.78 5,000 68,900 1.48 1.54 1.5 1.54 1.49 1.54 649,000 976,840 CHELSEA CEBU AIR 46.5 46.7 47.5 48 46.7 46.7 950,800 44,690,045 -555,430 219.8 223.6 222.4 223.6 220 223.6 518,910 114,922,838 45,055,560 INTL CONTAINER LORENZO SHIPPNG 0.86 0.93 0.86 0.86 0.86 0.86 40,000 34,400 5.55 5.57 5.69 5.69 5.5 5.57 364,400 2,020,540 61,967 MACROASIA METROALLIANCE A 0.96 0.99 0.99 0.99 0.99 0.99 151,000 149,490 6.25 6.28 6.34 6.34 6.25 6.25 39,200 245,385 -156,250 PAL HLDG HARBOR STAR 0.65 0.68 0.69 0.69 0.65 0.65 122,000 83,100 1.52 1.69 1.53 1.53 1.53 1.53 21,000 32,130 ACESITE HOTEL DISCOVERY WORLD 1.81 1.83 1.75 1.83 1.75 1.81 538,000 967,920 -900,000 0.435 0.445 0.435 0.435 0.435 0.435 220,000 95,700 WATERFRONT CENTRO ESCOLAR 6.66 6.86 6.86 6.87 6.86 6.86 4,900 33,635 7.01 7.29 7.01 7.01 7.01 7.01 600 4,206 IPEOPLE STI HLDG 0.35 0.365 0.365 0.365 0.365 0.365 30,000 10,950 1.27 1.28 1.32 1.32 1.27 1.27 98,000 124,580 -1,320 BELLE CORP BLOOMBERRY 6.16 6.18 6.31 6.31 6.16 6.16 1,639,200 10,149,495 -2,795,917 1.69 1.79 1.69 1.79 1.68 1.79 13,000 22,050 PACIFIC ONLINE LEISURE AND RES 1.23 1.24 1.23 1.23 1.23 1.23 45,000 55,350 0.98 1.01 1 1.02 0.98 1.01 271,000 271,030 -34,450 PH RESORTS GRP PREMIUM LEISURE 0.46 0.465 0.465 0.465 0.45 0.46 1,230,000 564,400 27,200 2.3 2.31 2.27 2.32 2.27 2.3 78,000 178,690 PHILWEB ALLDAY 0.44 0.45 0.44 0.445 0.44 0.44 4,320,000 1,908,300 -123,450 7.9 7.94 7.89 7.9 7.85 7.9 71,800 566,479 165,722 ALLHOME METRO RETAIL 1.4 1.41 1.34 1.41 1.33 1.4 480,000 664,240 -134,000 36.3 36.5 36.9 36.9 36.15 36.3 516,000 18,749,055 -7,747,270 PUREGOLD ROBINSONS RTL 55 55.6 54.85 55.9 54.85 55 90,430 4,978,215.50 -3,646,420.50 67.45 68.2 67.45 67.5 67.45 67.5 430 29,015 -19,565 PHIL SEVEN CORP SSI GROUP 1.12 1.13 1.1 1.12 1.1 1.12 856,000 948,920 921,260 26.7 26.9 26.6 26.9 26.2 26.85 702,100 18,750,290 8,612,105 WILCON DEPOT APC GROUP 0.234 0.244 0.244 0.244 0.244 0.244 200,000 48,800 0.82 0.83 0.84 0.85 0.82 0.82 1,205,000 1,003,860 -628,310 MEDILINES PRMIERE HORIZON 0.52 0.53 0.53 0.53 0.52 0.53 2,943,000 1,545,280 -64,130 MINING & OIL ATOK 5.58 5.88 5.89 5.89 5.55 5.89 26,800 152,310 APEX MINING 1.7 1.72 1.7 1.73 1.7 1.72 2,381,000 4,082,350 7 7.02 6.9 7.02 6.9 7 430,300 3,003,535 ATLAS MINING BENGUET A 7.4 7.44 7.1 7.4 6.64 7.4 117,500 814,529 7.32 7.34 7.2 7.42 7.2 7.34 36,800 269,000 BENGUET B CENTURY PEAK 2.7 2.76 2.74 2.76 2.74 2.76 20,000 55,060 2.78 2.79 2.78 2.85 2.77 2.79 10,692,000 29,964,820 FERRONICKEL GEOGRACE 0.173 0.187 0.173 0.173 0.173 0.173 90,000 15,570 0.145 0.147 0.145 0.148 0.145 0.147 1,590,000 233,700 LEPANTO A LEPANTO B 0.145 0.146 0.145 0.146 0.145 0.146 500,000 72,900 0.01 0.011 0.01 0.011 0.01 0.011 10,500,000 114,300 MANILA MINING A MARCVENTURES 1.67 1.68 1.63 1.7 1.63 1.67 4,350,000 7,259,080 0.95 1 0.97 0.97 0.97 0.97 17,000 16,490 NIHAO NICKEL ASIA 7.75 7.8 7.62 7.85 7.55 7.75 1,959,000 15,161,715 0.94 0.96 0.96 0.97 0.95 0.96 68,000 64,750 ORNTL PENINSULA PX MINING 5.59 5.6 5.5 5.65 5.5 5.59 1,147,700 6,427,985 30.25 30.3 30.7 30.75 30.25 30.3 991,900 30,146,820 SEMIRARA MINING UNITED PARAGON 0.0063 0.0064 0.0063 0.0063 0.0063 0.0063 2,000,000 12,600 16.2 16.4 16.42 16.42 16.2 16.4 6,700 109,124 ACE ENEXOR ORNTL PETROL B 0.011 0.012 0.012 0.012 0.012 0.012 900,000 10,800 0.0092 0.0094 0.0091 0.0094 0.0091 0.0094 25,000,000 229,600 PHILODRILL PXP ENERGY 4.93 4.94 4.95 4.96 4.87 4.94 211,000 1,036,500 PREFFERED HOUSE PREF B 99 101 101 101 101 101 10 1,010 99.8 100.9 101 101 101 101 1,000 101,000 HOUSE PREF A AC PREF B1 504 514.5 504 504 504 504 700 352,800 100.6 108.9 100 100 100 100 100,000 10,000,000 ALCO PREF C ALCO PREF D 512.5 514 512.5 512.5 512.5 512.5 120,000 61,500,000 103 105 102.5 102.5 102.5 102.5 50 5,125 BRN PREF A CEB PREF 46.1 46.45 46.8 47 46.45 46.45 67,700 3,150,155 99.5 99.7 99.9 100.5 99.2 99.3 336,090 33,580,676 DD PREF GTCAP PREF B 1,010 1,035 1,010 1,010 1,010 1,010 5,000 5,050,000 952 999 952 952 952 952 30 28,560 JFC PREF A JFC PREF B 971 1,000 972 972 965 965 270 261,110 93.05 99 99 99 99 99 910 90,090 MWIDE PREF 2A PNX PREF 3B 100.5 101.7 101.8 101.8 100 101.8 8,260 830,523 970 985 988 988 968 985 1,520 1,473,840 PNX PREF 4 PCOR PREF 3A 1,056 1,070 1,070 1,070 1,070 1,070 60,000 64,200,000 1,082 1,110 1,095 1,095 1,095 1,095 65 71,175 PCOR PREF 3B SMC PREF 2H 75.5 76 75.5 75.5 75.5 75.5 19,200 1,449,600 76.3 77.95 76.25 76.3 76.05 76.3 28,700 2,186,599 SMC PREF 2I SMC PREF 2J 75.1 76.5 75.1 75.1 75.1 75.1 2,310 173,481 75.05 75.5 75 75.05 75 75.05 6,000 450,025 SMC PREF 2K TECH PREF B2C 52.5 52.75 52.75 52.75 52.75 52.75 100 5,275 54.6 55 55 55 54.5 54.5 5,290 290,025 TECH PREF B2D PHIL. DEPOSITARY RECEIPTS ABS HLDG PDR 12.22 12.5 12.22 12.22 12.22 12.22 35,000 427,700 14.84 14.9 15 15 14.84 14.84 363,900 5,421,558 GMA HLDG PDR WARRANTS TECH WARRANT 0.61 0.67 0.62 0.67 0.61 0.67 47,000 29,610

-89,440 270,231 55,060 -1,641,930 -8,700 -317,340 -5,056,312 -61,584 -5,457,560 -11,400 209,250 -20,159,000 20,000 -427,700 -4,385,022 -

SMALL & MEDIUM ENTERPRISES

ALTUS PROP CTS GLOBAL HAUS TALK ITALPINAS MERRYMART XURPAS

16.16 1.07 1.16 0.89 1.76 0.315

16.48 1.08 1.17 0.92 1.77 0.33

EXHANGE TRADE FUNDS

FIRST METRO ETF

107.2

107.6

16.5 1.15 1.13 0.89 1.81 0.31

16.5 1.17 1.17 0.92 1.81 0.34

16.16 1.06 1.13 0.89 1.76 0.31

16.48 1.08 1.17 0.89 1.76 0.33

2,300 158,122,000 285,000 198,000 853,000 480,000

37,876 174,121,560 330,140 176,250 1,511,440 150,000

429,710 -33,900 -325,880 -

107.5 107.9 107.2 107.2 7,950 853,890 192,308

www.businessmirror.com.ph

Banking&Finance BusinessMirror

Editor: Dennis D. Estopace • Tuesday, April 19, 2022

Investors troop to short-term govt securities

By Bernadette D. Nicolas

@BNicolasBM

HE Bureau of the Treasury fully awarded P15 billion in Treasury Bills (T-bills) as investors continue to gobble up short-term securities. Total bids for the auction reached P54 billion, making the auction more than thrice oversubscribed. Meanwhile, the auction showed

mixed results in terms of rates as both the 182-day and 364-day Tbills capped at higher average rates compared to those from the previous

auction while the 91-day fetched a lower average rate. National Treasurer Rosalia V. De Leon attrributed the “good demand for the bills offering” to the redemption of P27 billion worth of government securities which “added liquidity” in the financial system. On top of this, De Leon said investors prefer securities with shorter tenors because they remain cautious of the tighter monetary police stance from the US Federal Reserve to rein in inflation. “Market biased on the short end with anticipated aggressive Fed ac-

tions with combined policy rate hikes and balance sheet runoff as reflected in Fed minutes,” De Leon told reporters in a message. Based on the minutes of their March meeting, US Fed officials are keen on slashing the central bank’s balance sheet by $95 billion a month, a move that will likely start in May, according to international reports. Apart from the balance sheet reduction, “many participants” at the Fed’s meeting” were also reported to prefer a 50 basis point hike to the federal funds rate. The 91-day T-bills posted an average rate of 1.223 percent, dipping

by 2.7 basis points from 1.25 percent previously. For the 182-day T-bills, the rates averaged 1.568 percent, up by 1.3 basis points from 1.555 percent. Lastly, the 364-day T-bills’ average rate stood at 1.877 percent, a 2-basis point uptick from 1.857 percent. The Treasury programmed to raise P200 billion from the domestic debt market this month. Since Monday last week, the Treasury has so far sold P96.8 billion. Last month, the Treasury only raised P91.7 billion, more than onethird of its P250 billion programmed

offering as investors demanded higher bid rates amid Russia-Ukraine war and the recent hawkish signals from the US Federal Reserve that it could further raise rates if necessary to rein inflation. This year, the government is set to borrow a total of P2.2 trillion, of which around 75 percent is expected to come from domestic sources. As of end-February this year, the national government’s outstanding debt rose to another recordhigh level of P12.09 trillion due to currency fluctuations and net financing from both domestic and foreign sources.

10 ways to teach your children Creation of Islamic banking regulatory unit approved about money management By Bianca Cuaresma @BcuaresmaBM

ROWING up, the only money lesson I really learned from my parents was that it’s important to ‘save money for the rainy days’. While that is indeed an essential lesson, to me at that time, this simply meant that I shouldn’t spend all my allowances and make sure that I save some for my piggy bank. Even the concept of ‘the rainy days’ wasn’t clear to me. Because whenever my piggy bank becomes full, my parents would spend the money on a toy for me. “This is your reward for saving your money,” they’d say; this confused me because I thought the money was for the ‘rainy days’ and not a toy. Regardless, I’m still thankful that they taught me the importance of saving money. After all, it is a foundational habit for building wealth. Fast forward today, many of my friends are now raising children of their own. And it happens quite often that they’d ask me about personal finance, particularly on how they can raise money-smart kids. Here’s a quick list of the tips I’ve given. 1. Talk about money in front of them. Money is often a taboo topic in front of kids, but it shouldn’t be. Feel free to talk about finances with your spouse even when they’re around. They may not understand what you’re talking about, but they’ll develop an impression that money is a serious matter. 2. Explain the relationship between work and money. I used to believe that work is just something that adults do. And if my parents need money, they just have to go to the bank or find an ATM. So, when my mom says that they don’t have money or we can’t afford something, it only meant to me that they don’t have time yet to go to the bank. I didn’t connect work and money and I didn’t learn about the concept of a salary until a grade-school classmate explained it when he told me over recess that his father is leaving to work overseas so he can earn more money for their family. 3. Discuss needs vs wants. Define the terms and explain why it’s important to know their differences. Then, use items in your home to test if they understood the concept; tell them to label each as either a need or a want. Furthermore, encourage them to think about their life and ask what their needs and wants are as a child and/or as a student. 4. Give them opportunities to earn. Your child’s allowance should just be enough to cover their necessary spending, such as food expenses at school. Then, tell them that if they want more money, then they can earn it by doing some extra work. Your kids need to learn how to help around the house. So, don’t give them financial rewards for doing their assigned household chores. Instead, offer them incentives for doing something that’s not part of their responsibilities. For instance, I remember my father offering to pay me if I wash his car instead of letting him take it to the car wash. And I’d also earn extra money if I offered to fold the laundry and

Fitz Gerard Villafuerte

personal finance let my mom take a nap instead. 5. Encourage them to track their expenses. Ask your child to take note of their spending. It’s a simple exercise that will introduce them to the concept of budgeting. Avoid telling them off if they spent their allowance recklessly. Instead, ask them which are needs and which are wants, and guide them in understanding their spending mistake. 6. Avoid impulse purchases. You’re at the grocery and they see something they want you to buy. If it’s a non-essential item (which often is), and even if you have the budget, just tell them to remind you to purchase it on your next visit. This helps them develop the mindset against impulse purchases. But be prepared to get the item next time, if in case they do remember. On the other hand, if it’s something you can’t afford or don’t really want for them, then explain the reason why you’re not buying it, instead of giving them false hopes. 7. Motivate them to save for a goal. Truth be told, I kept saving money as a kid because I knew I’d get a new toy when my piggy bank becomes full. The prospect of a reward or a concrete goal for the money is an effective motivation for your child to learn the habit of saving. 8. Give them their own bank account. That money they saved in their piggy banks? Use it to open their own savings account. A lot of banks offer deposit products that are specially designed for kids. Plus, this is an opportunity to teach them the concept of interest income and how banks work. 9. Be a role model. Show your child your savings account. Let them see you create the household budget. Share with them your financial goals and explain what you’re doing to achieve them. Be a good example to your child by being financially smart yourself. 10. Teach them the importance of giving. Lastly, but certainly not the least, allow them to experience the joy of helping and making others happy. Ask them to buy a gift for someone they know or guide them in picking a cause or charity where they can donate some of their savings. Not only will they learn how to be generous, but this will also be good for their sense of well-being. Fitz Villafuerte is a registered financial planner of RFP Philippines. To learn more about personal-financial planning, attend the 95th RFP program this May 2022. To inquire, e-mail info@rfp.ph or text at 0917-6248110.

Customs collects ₧60.15B from fuel-marking project

HE Bureau of Customs (BOC) announced it has collected P60.15 billion in duties and taxes from marking fuel with paid excise taxes in the first quarter of this year. As of March this year, the bureau said they have already marked 4.724 billion liters of fuel under its fuel marking program aimed to curb illicit trade. To date, the BOC has so far raked in P374.13 billion from marking 39.3 billion liters of fuel since the program started in September 2019. Bulk of the total volume marked in the first quarter of this year is diesel at 60.51 percent, followed by gasoline (38.97 percent) and kerosene (0.52 percent). Most of the fuel marking was done in Luzon (73.66 percent). Next to Luzon is Mindanao (20.9 percent) and Visayas (5.44 percent). There are now 28 petroleum companies participating in the fuel marking program. “The Bureau of Customs will continuously implement its mandate to mark petroleum

products under the Fuel Marking Program to raise revenues while curbing fuel smuggling and leveling the playing field in the Philippine oil industries,” it said in a statement on Monday. Meanwhile, the BOC and the Bureau of Internal Revenue also seized P13.36 million worth of unmarked fuel. The tanks of 12 retail stations and two private companies where BOC found these unmarked fuels were likewise sealed and recommended for filing criminal cases. The fuel-marking program was launched with the aim of halting illegal importation, manufacturing and other fraudulent activities relating to the use and sale of petroleum products in the country. Fuel marking makes use of a unique chemical marker that can be embedded at a molecular level in petroleum products—gasoline, diesel and kerosene—thereby enabling authorities to test, identify and distinguish petroleum products with paid excise taxes. Bernadette D. Nicolas

ARIOUS government agencies on Monday announced that they have approved the establishment of the Shari’ah Supervisory Board (SSB) in the Bangsamoro Autonomous Region in Muslim Mindanao (Barmm). In a statement released by the Bangko Sentral ng Pilipinas (BSP), the central bank said they—along with the Department of Finance, the National Commission on Muslim Filipinos, and the Bangsamoro Government—approved the Joint Circular (JC) and Memorandum of Agreement (MOA) to effectively put up the SSB. This, according to the government agencies involved, marks a

milestone in the whole-of-government approach in promoting Islamic banking and finance in the country. “The JC and MOA formalize the agencies’ collaborative efforts in Shari’ah governance, following the government’s strategy to provide an enabling environment for the Islamic banking industry,” BSP Governor Benjamin E. Diokno said. “The SSB will provide essential Shari’ah compliance oversight to enable Islamic finance to flourish in the country.” The joint initiative implements relevant provisions of Republic Act (RA) 11054 (An Act Providing for an Organic Law for the Autonomous Region in Muslim Mindanao) on the promotion of Islamic banking and finance in the BARMM.

“The SSB’s primary function is to issue Shari’ah opinions on Islamic banking transactions and products in the Barmm. At the same time, the BSP, financial institutions, and other stakeholders may request the SSB to provide Shari’ah opinions on matters related to Islamic banking and finance,” the BSP said. The SSB currently complements the Shari’ah Advisory Council of Islamic banks required under the BSP’s licensing and Shari’ah governance frameworks, under BSP Circulars 1069 and 1070 dated December 27, 2019. “RA 11439 or the Islamic Banking Law provides flexibility for the government to convert the SSB into a national body, if warranted, such as when there is al-

ready a critical number of Islamic banking players in the financial system.” Diokno said. Earlier this month, the governor said they currently have policy studies on Islamic banking in the pipeline to ramp up efforts to establish an inclusive and sustainable Islamic finance ecosystem. These policy studies are said to include research on profit sharing investment accounts, minimum capital requirements of Islamic banking units (IBUs), and the capital adequacy ratio of Islamic banks and IBUs. “We aim to provide a supportive and enabling environment for Islamic banking that can operate alongside the conventional banking system,” Diokno earlier said.

Bank backs BIR collection goal, gives funds to PGH

ECURITY Bank announced its support to the Bureau of Internal Revenue (BIR)’s goal of collecting more than P250 billion in taxes in the month of April. The bank cited the importance of taxes as crucial factors in keeping both the government and the economy going. Earlier, BIR Commissioner Cesar R. Dulay tasked the BIR to collect P256.9 billion for this month. The agency is targeting to collect P2.44 trillion in taxes for 2022. “We have a responsibility in settling our dues to the government, especially that the nation is highly dependent on them for economic recovery, financial assistance, and for combating the COVID-19 pandemic,” Security Bank Executive Vice President John Cary Ong said. For its part, Security Bank said it remitted over P149 billion to the BIR in 2021 through its DigiBanker Cash Management service. DigiBanker enables medium to large businesses to make frictionless and convenient online tax payments. Security Bank recommends users to pay taxes at the com-

fort of their homes or offices through the DigiBanker online platform. “Security Bank’s DigiBanker is a multi-awarded cash management and payments platform being used by enterprises. It handles collections, fund transfers, vendor payments, and even eGov remittances, among others. For this ITR deadline, we encourage our partners to settle their payments early to avoid inconvenience,” Ong, who also heads the lender’s Transaction Banking and Channels Network Group, said.

PGH donation

MEANWHILE, the country’s 10th-largest bank by asset donated funds to help build the Philippine General Hospital Cancer Institute’s new Chemo Prep Room. A ceremonial ribbon cutting was held last month with the bank’s representatives, together with the PGH officials and the non-government organization Helping Women and Others, to inaugurate the hospital’s new facility. The donation was part of the bank’s corporate social responsibility initiative and will improve the delivery of daily chemotherapy treatments by

the country’s premiere public hospital. “The chemo lab is the lifeline of cancer patients; the proper timing of giving of chemotherapy is very important and can be lifesaving for each patient. So, what you have done now can save the lives of many cancer patients,” PGH Cancer Institute Director Jorge G. Ignacio said. According to PGH director Gerardo D. Legazpi, the new “Chemo Prep Room” can prepare up to 200 chemotherapy cocktails per day, doubling the capability to assist Filipinos afflicted with cancer. The new chemo prep room will also pave the way for the institute to expand its pharmacy in the near future. “With cancer being one of the leading causes of death in the country, contributing to such a meaningful initiative is humbling. While our vision is to become the most-customer centric bank in the country, we hope to do so not just through financial excellence, but also through purposeful service, and that means enriching lives, empowering businesses, and building communities. We are thankful to all our partners here today for allowing Security Bank to be

part of this impactful project,” Tanya A. Deakin, vice president and corporate communications and brand division head of Security Bank, said.

Net income

THE lender earlier said it posted a net income of P6.91 billion last year, down by 7 percent from the previous year’s P7.43 billion. The passage of Republic Act 11534 triggered a onetime P1.2 billion charge for deferred tax assets, the bank said. Net interest income was P27.5 billion, down 10 percent from year-ago level. Net interest margin for the full year was 4.43 percent, down by 27 basis points year-on-year. Total non-interest income was P9.4 billion, down 53 percent as 2020 was buoyed from extraordinary securities trading gains. Service charges, fees and commissions increased 25 percent to P4.5 billion, with fee income sources increasing from their year-ago levels. Other non-interest income excluding securities trading gains and fee income grew 34 percent to P3.7 billion. Bianca Cuaresma and VG Cabuag

Tuesday, April 19, 2022 • Editor: Gerard S. Ramos

Art

BusinessMirror

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Today’s Horoscope

❶ THE Mother’s

Smile, Spencer Ozo, 2022, acrylic on canvas, 36”x48”

By Eugenia Last

❷KALAW, Spencer

CELEBRITIES BORN ON THIS DAY: Candace Parker, 36; Hayden Christensen, 41; Kate Hudson, 43; Ashley Judd, 55.

Ozo, 2022, acrylic on canvas, 36”x48”

HAPPY BIRTHDAY: Take the high road, keep the peace and use your intelligence to guide you in the right direction. Look at the big picture, source what you can afford and turn it into something worthwhile. Patience will lead to opportunity and the chance to use your skills to improve things that help you and those close to you. Keep the peace. Your numbers are 4, 15, 19, 28, 31, 33, 48.

ARIES (March 21-April 19): Keep your money in a safe place. Emotional spending or paying for a mistake will put you in a difficult position. Pinch pennies and save for a rainy day. Time is on your side, and observation will help you make better decisions. HHHHH

TAURUS (April 20-May 20): Don’t get angry; get moving. Put your energy where it will do some good. Don’t make waves when what you achieve will have a more significant impact on how you live or how you do things. HHH

GEMINI (May 21-June 20): Emotions will escalate if you or someone else falls short. Promise only what you know you can deliver, and don’t debate with business associates if you want to avoid a feud. Make your intentions clear, and channel your energy into purpose. HHH

❶

CANCER (June 21-July 22): Keep your eyes on the ball, don’t mix business with pleasure and avoid sensitive topics with argumentative people. If you want to change, go about it secretively. Before you share, put everything in place. Look inward and concentrate on growth and enlightenment. HHH

❷

From front desk to gallery walls

pencer OzO would pass through conrad Manila’s Gallery c every day feeling inspired by the artworks. When no one was around to appreciate the pieces, and when he was not attending to his duties as the hotel’s assistant front office manager, he would take his time to gaze upon the paintings, studying colors, techniques, stories. After honing his skills as a self-taught painter, Ozo now finds himself as the lone featured artist in the 18th installment of Gallery c’s “Of Art and Wine” series. The homegrown talent’s first solo exhibition, titled positive|negative, opened on April 5 and runs until

June 11. “It’s still surreal for me,” Ozo said, referring to how he made the jump from audience to exhibiting artist in a fairly short time. While he began drawing as a kid, it was only recently that Ozo decided to start painting seriously. His cousin gifted him last year with a set of paint and he started to practice his craft after work. Ozo always had a penchant to create art. Born and raised poor in Baguio city, he was unable to afford art materials but persisted in sketching on scrap paper and on walls. That gift of a paint set reignited his creative passion. Ozo painted in his attic and created murals. He also completed one in the back office of conrad Manila for a special event. A colleague who was moving to a new condo heard about Ozo’s art hobby and commissioned him a painting. Before long, he was doing up to three paintings at a time every weekend. He would paint whatever he felt like painting, from the cartoony to the colorful. “eventually, after doing one after the other, I realized I am good at doing nature,” the artist said. “Most of the people who ask me to do a painting want

a bird or an animal or something. I realized I am good at creating eyes.” Thus, presented in his ongoing exhibition featuring 24 artworks is a healthy collection of animal and human subjects with evocative looks. In Tiger’s Fortune, a big cat stares with piercing a gaze. In Winter’s Solstice, the eyes of deers project innocence. There are geometric abstractions as well, such as Italian’s Choice and Boxed Up Emotions. But whether figurative or otherwise, each piece carries Ozo’s signature use of texture and white bars protruding into the frame. The artist explains that he learned the wonders of “beautiful mistakes,” wherein he would just paint over elements not to his liking, creating textured effects. His works are also marked by the presence of gold, representing balance, control and opulence. Aside from the presentation showcasing his wide-ranging works and serving as his debut solo exhibition, it also tackles his ups and downs these past few years. Ozo lost his mother during the pandemic, and positive|negative speaks about how he continues

Continued on B5

Nayong Pilipino displays ethnic artifacts online By Roderick L. Abad Contributor THe nayong pilipino Foundation (npF) is showcasing virtually its collection of over 3,000 artifacts through the nayong pilipino Foundation Virtual Museum project. Dubbed Tansô, the first online exhibition of these relics document the philippines’s history and culture. It shows how brass became widely used in tools, ornamentation, decorations, containers and utilitarian items, and how the traditions of casting

and forging this metal developed highly technical processes and produced the most intricate pieces of work or objects. The virtual exhibit is ongoing until April 17 on npF’s Instagram accounts (@Atingnayon, @nayongpilipino.museo) and npF’s official Facebook page (www.facebook.com/nayongpilipinoofficial). These online platforms aim to engage the public and start critical dialogues about philippine history. The agency looks forward to display ethnic handiworks in the proposed cultural park and creative Hub in parañaque city. The planned attraction will include a museum that will house the

permanent collection of artifacts from the different indigenous peoples of Luzon, Visayas, and Mindanao. The npF collection is diverse and varied, ranging from intricate beaded jewelry to striking weaponry for hunting and warfare, to ritualistic artifacts. It also includes musical instruments, vessels, funerary objects, and textiles. This year, the project will consist of six digital exhibitions which will go beyond the standard flat images and short captions achieved via multimedia outputs, such as videos and three-dimensional imaging.

LEO (July 23-Aug. 22): Don’t let impulsiveness take over. Rummage through your thoughts, use logic and think twice before making an emotional statement, purchase or risk that can cause damage to you physically, financially or emotionally. Discipline and moderation are your redeeming qualities. HHHHH

VIRGO (Aug. 23-Sept. 22): Set your sights on what’s doable, and surround yourself with people who are eager to participate. Discuss the changes you feel are necessary to get to your destination with someone who has a different perspective, and you will gain insight. HH

LIBRA (Sept. 23-Oct. 22): Pay attention to health, responsibilities and sticking to a budget. Don’t display discrepancy or inconsistency. Share facts and budget wisely, regardless of the decisions others make. Maintaining balance and equality in all aspects of life will pay off. HHHH

SCORPIO (Oct. 23-Nov. 21): Protect what you’ve got, and give no one a reason to doubt you. Take note of what a friend, relative or colleague has to say. Do something creative to ease stress and make you think about what you want to do next. HHH

SAGITTARIUS (Nov. 22-Dec. 21): Problems will mount if you give someone the upper hand. Be careful what you share with a friend, relative or peer. You’ll be misinterpreted or misled by someone trying to outmaneuver you. Don’t display your emotions or vulnerabilities. HHH

CAPRICORN (Dec. 22-Jan. 19): Avoid getting involved in joint ventures or shared expenses. You won’t see eye to eye when it comes to budgets and what’s necessary. A lifestyle change will be successful if it complements what you do for a living. Self-improvement is featured. HHH

AQUARIUS (Jan. 20-Feb. 18): Assess your situation, and adjust your tactics. It’s up to you to build the life that makes you happy. Don’t argue with someone who doesn’t play fair. Decide what you want, then make it happen. HHHH

PISCES (Feb. 19-March 20): Learn from experience. Before you battle with someone, consider the consequences. Put your emotions aside, pour your energy into following your heart, and invest time, effort and money to reach your objective. Make peace and love priorities. HH BIRTHDAY BABY: You are demonstrative, captivating and risky. You are astute and complex.

‘taken for granite’ BY KATHY LOWDEN The Universal Crossword/Edited by David Steinberg

ACROSS 1 Hunter’s garb, for short 5 Sullen 9 Stinging insects 14 Word after “Dutch” or “brick” 15 Muppet who testified before Congress 16 Political topic 17 Control over one’s emotions 19 Divine Comedy poet 20 Speaking in a raspy tone 22 “___ a darn shame!” 23 Honey producer 24 Baked ___ (dessert with meringue) 28 Course number? 29 Pepsi rival 31 ___ Arbor, Michigan 32 Arrived 35 Showing no emotion 38 Followed a curved path 40 Channel that aired Breaking Bad 41 Number of blind mice or little pigs 42 Uncompromising 45 Some burrow in sandbanks

46 47 48 50 52 53 56

Moody music genre Roughly Nightmarish street in movies Place for a massage Person who runs the numbers: Abbr. “Where ___ I?” Apt profession for one who is 20-, 35- and 42-Across? 60 One more time 63 Denies one’s true self 64 Artist Frida 65 “Leave it as is,” to an editor 66 Muslim leader 67 Extremely pale 68 Make less severe 69 Bronzes at the beach DOWN 1 Short-legged dog 2 Turn away, as one’s gaze 3 Flat-topped hills 4 Currently airing 5 They may work with cars or cards 6 Greek salad tidbit 7 “We-e-ll, maybe not”

8 9 10 11 12 13 18 21 25 26 27 28 29 30 32 33 34 36 37 39 43 44 49 51

Naan alternative Turn a truck might make Carne ___ IRS ID Opposite of call, to an options trader Get a look at McEntire of country music Layered dessert, often ___-Coeur (basilica in Paris) Prepare to pray Peruvian mountain range Quick glimpse Small jazz band ___ upon a time Showed concern Yummy smell The real ___ What parents may keep on their kids Throat-clearing noise Visit unannounced Neighbor of Turkey Use up Neighbor of Thailand Photographer’s directive

52 53 54 55 57 58 59 60 61 62

Gives in Olympic sprinter Rudolph Like some elephants Roses’ supports “What ___ is new?” Meter maid in a Beatles song Way of walking Lead-in to an alias Neon or freon, e.g. Sound made at a 50-Across

Solution to today’s puzzle:

Show BusinessMirror

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Editor: Gerard S. Ramos

• Tuesday, April 19, 2022

For ‘Fantastic Beasts’ series, a case of diminishing returns GMA, JESSICA SOHO AND MIKE ENRIQUEZ CONTINUE TO GAIN FILIPINOS’ TRUST

LEADING broadcast company GMA Network (www. gmanetwork.com) as well as its top news personalities Jessica Soho and Mike Enriquez consistently hold the Filipinos’ trust in the Reader’s Digest Trusted Brands Awards 2022. In this year’s awarding ceremonies held on April 8, the network once again took the Platinum Award for the TV Network category—the highest honor among the most trusted brands. Formally receiving the award was GMA executive vice president and CFO Felipe S. Yalong. “This is a testament to what we’ve been doing, especially in public service as well as the way we deliver news,” said Yalong. GMA Network chairman and CEO Felipe L. Gozon also shared how the network maintains its reputation as the most trusted network. “It helps that we are not beholden to any political group or entity, that we are an independent media organization, and that we have no other interests to protect. We have no other agenda outside of the drive to excel and to serve our public and viewers the best way we can.” Jessica Soho and Mike Enriquez were likewise awarded as the most trusted personalities in their respective categories. Already a Reader’s Digest Hall of Famer, Soho was hailed as the Most Trusted TV Host for News and Current Affairs for the 13th consecutive time. She continues to earn the Filipinos’ trust year after year, long after earning a spot in the Hall of Fame in 2018. The highly-acclaimed broadcast journalist hosts the top-rating Sunday program Kapuso Mo, Jessica Soho (KMJS), which is also the most followed Filipino TV show on Facebook. “Thank you for the neverending trust, and I wish to be able to live up to it in the course of my work and despite the very trying times we’re all living in,” Soho said. Enriquez earned his eighth award as the Most Trusted Radio Presenter, as the public continue to recognize his commitment to public service and truth in journalism. Enriquez anchors Super Balita sa Umaga Nationwide and Saksi sa Dobol B on the network’s AM radio channel. “Thank you so much, Reader’s Digest, for yet another most trusted brand award as a radio presenter. This is very valuable, very inspiring and very encouraging so that we continue doing what we do,” Enriquez said. The Reader’s Digest Trusted Brands Awards is the annual award-giving body that recognizes which brands and services, as well as the personalities, that consumers trust the most and is conducted through its Trusted Brand Survey.

JESSICA SOHO

From front desk to gallery walls Continued from B4 to power through and carry on despite the challenges. “[The exhibition] is very special because we’re also celebrating my mom’s birthday [on the day of the show’s opening],” he said. “I think she’s very, very proud of what I’ve attained, especially in the arts, and I’m looking forward to sharing my talent with everyone.” Conrad Manila General Manager Linda Pecoraro lauded Ozo’s talents and courage. “I am in awe of him,” she said. “What this man has gone through in the last two years will break a lot of people and he didn’t break. He actually resurrected like the phoenix. And as our team member, I am so proud that we’ve been able to give him an opportunity to showcase his works.” Pecoraro added that they remain committed to giving Filipino artists opportunities to shine, as is the original intention of the “Of Art and Wine” series. “We are always looking at promoting and celebrating Filipino artists, whether they’re team members, whether they’re from Manila or wherever,” she said. “We want to showcase the wonderful work that Filipino artists do.” n

IT was a less-thanspectacular opening weekend at the North American box office for Fantastic Beasts: The Secrets of Dumbledore, but the numbers were still good enough for a first-place finish.

By Lindsey Bahr The Associated Press

ANTASTIC Beasts: The Secrets of Dumbledore got off to a less than magical start in its first weekend in US and Canadian theaters. The third installment in the Harry Potter spinoff opened to $43 million in North America, according to studio estimates Sunday. It was enough to secure the film the top spot on the box-office charts, but it’s also a low for the franchise. The first film had a $74.4 million debut in 2016 and the second, The Crimes of Grindelwald opened to $62.2 million in 2018. The Secrets of Dumbledore, which Warner Bros. released in 4,208 locations in North America, also carries a $200 million production price tag. It’s more common than not for sequels and threequels to come in lower than their predecessors, but Dumbledore also follows several franchise titles that defied that logic, including Spider-Man: No Way Home, Venom 2 and Sonic the Hedgehog 2. Critics were largely not on board with Dumbledore. With a 49 percent rating on Rotten Tomatoes, most came in on the negative side. AP Film Writer Jake

Coyle wrote in his review that “the purpose of these movies has never felt like much beyond keeping the Potter train running” and that this iteration is “a bit of a bore.” Audiences, which were 56 percent female, were a little kinder, giving it four stars on PostTrak and an overall B+ CinemaScore. The eight Harry Potter films were responsible for over $7.7 billion in box office, while the first two Fantastic Beasts films made $1.5 billion total. This installment stars Eddie Redmayne, Jude Law, Ezra Miller and Mads Mikkelsen, who replaced Johnny Depp as Grindelwald. In November 2020, following Depp’s failed libel case against The Sun tabloid newspaper for an article that labeled him a “wife beater,” the actor said Warner Bros. asked him to step down and that he agreed. As with previous Fantastic Beasts films, however, Dumbledore has more hope internationally. Its grosses are $193 million worldwide. Both of the previous films made over 70 percent of their global totals from international showings. “Recapturing the original Harry Potter magic that began some 20 years ago in cinemas is a tall order,” said Paul Dergarabedian, the senior media analyst for comScore. “The Fantastic Beasts franchise, while seeing diminishing returns with each successive installment, still has enough of a devoted fanbase to conjure up respectable numbers particularly with international audiences which have always provided the lion’s share of the box office for these films.” Dergarabedian added that the true test for Dumbledore will be the second weekend. Also, as Jeff Goldstein, Warner Bros. head of domestic distribution, pointed out, the films are just one part of the Wizarding World. “It’s part of a bigger strategy for the Wizarding World, a bigger business that includes theme parks and stores and merchandising. It’s all about the totality of these pieces and not any one on their own,”

Goldstein said. “There’s still a lot of public interest and a lot of fan interest.” Plus, Warner Bros. is celebrating a big milestone for another film: The Batman crossed $750 million globally this weekend. “It’s an enormous achievement,” Goldstein said. In its second weekend, Sonic the Hedgehog 2 fell 58 percent and earned an estimated $30 million to take second place, according to Paramount. The film has grossed $119.6 million to date. Third place also went to Paramount with the action-adventure The Lost City, starring Sandra Bullock and Channing Tatum. Sony also released Father Stu in 2,705 locations on Wednesday. Starring Mark Wahlberg, who helped finance the film, Father Stu is based on a true story and is a rare mainstream Hollywood movie with religious themes. It earned an estimated $8 million in its first five days in theaters and $5.7 million over the weekend. Father Stu came in fifth place behind Everything Everywhere All At Once, A24’s stealth hit that just keeps getting bigger. This weekend the buzzy interdimensional film starring Michelle Yeoh played on 2,220 screens—its widest release yet—and earned an additional $6.2 million. Its overall gross is sitting at $17.7 million. Estimated ticket sales for Friday through Sunday at US and Canadian theaters, according to comScore. 1. Fantastic Beasts: The Secrets of Dumbledore, $43 million. 2. Sonic the Hedgehog 2, $30 million 3. The Lost City, $6.5 million 4. Everything Everywhere All At Once, $6.2 million 5. Father Stu, $5.7 million 6. Morbius, $4.7 million 7. Ambulance, $4 million 8. The Batman, $3.8 million 9. K.G.F.: Chapter 2, $2.9 million 10. Uncharted, $1.2 million. n

Ai-Ai celebrates 7th year as Kapuso IT was in April of 2015 when Ai-Ai de las Alas took a leap of faith and crossed over to GMA after reigning for many years as the prized resident comedy star of ABS-CBN. “I have never regretted making that big move,“ she assured us recently, adding, “I was completely sure, having thought about it for some time. It was not a hush-hush or impulsive decision. I prayed about it, talked to a few trusted people about my plans, and, most importantly, I listened to my heart, to what my inner voice was telling me.” It has been seven years since then and Ai-Ai has never been happier. “You know when people trust you, respect you, understand you, and work with you in order to achieve the goals you set. GMA believed in me and continues to treat me very well and offers me jobs that make me happy and fulfilled, both as an artist and as a person.” Take, for instance, her new TV series, Raising Mamay, where Ai-Ai plays the role of a mother afflicted with regressive behavioral disorder after an unfortunate head injury. “I believe this is the

most challenging role that has been entrusted to me. It required research so I can be believable, and it is physically, mentally and emotionally draining,” she explained. Ai-Ai was supposed to stay put in the US indefinitely to process her immigration and residence papers but the offer was too tempting and the role was too beautiful to let go, so she flew back and started locked-in work for the new series. Perhaps Ai-Ai was not aware that she was doing method acting while on the set. Her director Don

Michael Perez shared that the actress was in character even during breaks. “She’d talk to us the way her character Letty would talk, and my production team was so impressed with the focus and cooperation she gave to this project considering that we were lockedin for almost two months. Ai-Ai is a real trouper.” Costarring with Ai-Ai are Shayne Sava, who plays her daughter, and Abdul Rahman. Seven might be a lucky number for De Las Alas, but she says she believes in kindness, sincerity and goodness more. “I am not saying that I am not superstitious, or I do not believe in luck, because I also do. It’s just that the universe is fair and rewards us with whatever we send out to it.” Ai-Ai is 57 years old this year, it is her seventh year as a Kapuso, there are seven colors of the rainbow, seven deadly sins, seven notes on a musical scale, and seven is the only number we can count in our hands that cannot be divided or multiplied within the group. “I am just thankful that I am happy with the decisions I have made in my life for the past seven years,” she enthused. “I hope that I continue to be lucky and be blessed in the next seven years.”

B6 Tuesday, April 19, 2022

Converge CEO wins ‘People of the Year’ award

The women of Solane and how their work helps keep Filipino homes fire-free

S an industry connected with oil and gas, the petroleum niche seems like it is riddled with too many technicalities, volatile prices and resources and complex operations. More specifically, the LPG industry is often associated with simply getting stoves to work so people could cook. But beyond supplying essential goods, the core of this industry is ensuring that people could go about their daily lives safely. For the women of trusted LPG brand Solane, a job in the LPG industry means spearheading innovations within the energy industry to ensure that a volatile product becomes a lifestyle essential that is part of Filipino homes and businesses. These feminine forces who work all year-round to keep Filipino homes safe share how talent and effort propel the LPG industry and how Solane is a supportive workplace that enables them to realize their individual qualities. For Nancie Rivera, Chief Finance Officer of Isla Petroleum & Gas Corporation, the company behind Solane LPG, the industry offers an exciting opportunity for women. Despite facing crisis, she said, the field presents opportunity for growth for those in the finance and management professionals. “Working for an LPG industry trains you to think on your feet given the volatility of pricing and maintain regard for standards due to its nature as a highly regulated industry. At the same time, it teaches you to be receptive to changes as it deals with economic barriers and fluctuations,” Rivera said. Gigi Indangan, Plant Operation Executive of Isla LPG Corp. (ILC) Cebu defies the notion that leadership

VICKY

VAL

GIGI

CONVERGE co-founders Dennis and Grace Uy graced the red carpet awards ceremony of Stargate’s PeopleAsia People of the Year 2022. The Converge CEO joins the list of movers and shakers in the country who are redefining their industries and were recognized in the ceremony. the People of the Year circle of winners. PeopleAsia’s People of the Year is an annual recognition, lauding extraordinary people making a mark in their field and advancing their industries.

Promil4iShine Masters: Double your child’s immunity NACIE

ELMA

in production operations are built for men. Indangan has been working with ILC for almost 19 years. “Gender doesn’t matter even if the work is quite masculine in nature. I have operated and handled over 5 LPG Plants in the VisMin region as the pioneering female Plant Manager for 10 years. I have taken over several major projects and contributed to many breakthroughs and innovations in the company,” Indangan explained. For Vicky Araneta, executive assistant to the CEO, the LPG industry has boundless opportunities for women. To name a few, Shell companies in the Philippines and even the LPG Industry Association has seen women lead. “More and more women are being empowered to lead, even here at Isla. It is a fair and level playing field,” she says. Solane also prides itself with having

women at the helm of marketing and creative work. Marketing manager Valeri Villano has been with ILC for almost 15 years, where she started out as an intern and became a sales account manager, handled promo and brand before leading the Marketing department. “At Solane, our marketing and creative perspectives are hinged on understanding the Filipino mindset at a deeper level. Our marketing efforts require a different level of creativity and a sense of rapport because the product we’re communicating is very personal to Filipinos.” For the women of Solane, keeping Filipino kitchens, homes, and communities safe goes beyond their work. As empowered women themselves, ensuring safety and quality for every Filipino household is also part of their personal endeavor all year-round.

LCF supports DepEd’s WASH in schools program ITH more schools conducting face-to-face classes in areas under low COVID-19 alert levels, ensuring the availability of water, sanitation, and hygiene (WASH) in schools is crucial now more than ever. Recognizing this need since the pandemic occurred in 2020, the League of Corporate Foundations (LCF) rallied its members to support the WASH in Schools (WinS) program and Basic Education Learning Continuity Plan of the Department of Education through the synergy project LCFWinS: Lingap Eskwela sa Pandemya. Implemented by LCF-member Manila Water Foundation, Manila Water’s social development arm, the LCFWinS is designed to conduct WASH interventions that address the current COVID-19 challenges in schools. LCF members that funded the construction of hygiene facilities and production of IECs included Holcim Philippines, Insular Foundation, Metrobank

ONVERGE ICT Solutions Inc. CEO and Co-Founder Dennis Anthony Uy joins the list of movers and shakers in the country who are making a difference in the lives of Filipinos as he was recently recognized among the “People of the Year” for 2022 by PeopleAsia. “With this recognition, we hope that we will continue to inspire others as we hopefully move out of the pandemic. We have built our national digital highway and we will continue to reach more Filipinos to give them worldclass broadband connectivity. This is our lifelong promise and our mission,” said Uy in his acceptance speech. Uy joined an impressive circle of luminaries hailed as 2022’s People of the Year. Nobel Peace Prize laureate Maria Ressa, Camarines Sur Governor Migz Villafuerte, Olympians Hidilyn Diaz, Nesthy Petecio and Eumir Marcial, actor John Arcilla, Manila Mayor Isko Moreno, Senator Joel Villanueva, Deputy Speaker and Las Pinas Rep. Camille Villar, President and COO of Lucio Tan Group of Companies Michael Tan, broadcast journalist Korina Sanchez, medical frontliner and infectious diseases specialist Dr. Regina Berba, and Frontrow Cares’ RS Francisco and Sam Versoza, complete

Foundation, Citizen of the World Foundation, Aboitiz Foundation, and Vivant Foundation. LCF Chair Sebastian Quiniones shared, “We all know that there is a need to strengthen WASH in Schools— in infrastructure, supplies, and IECs— to support learning continuity amidst the COVID-19 pandemic. Recognizing the need for private sector support to help address this, the LCF Board of Trustees, issued a call to its members to provide support and to collaborate with the Department of Education on the LCFWinS program.” He added, “This project is a collaboration of corporations and corporate foundations in support of the WASH in Schools program of the DepEd and its Basic Education Learning Continuity Plan in this time of the pandemic.” The program also includes the provision of hygiene kits, infoeducational materials, and virtual education sessions to support the

learning continuity amidst the various learning modalities. “As an organization with the core advocacy of WASH or water access, sanitation and hygiene, Manila Water Foundation is grateful to be the implementing partner of the League of Corporate Foundations on the LCFWinS Program. This is indeed a demonstration of our collective effort and impact - working together to create the enabling environment and the right conditions for good hand hygiene in schools, for our learners and teachers.” said MWF Executive Director Reginald Andal. Under the LCFWinS, 31 ten-faucet pedal-operated hygiene facilities, 4,200 hygiene kits, 5,900 IEC materials, 1,200 WASH storybooks, and 2 virtual hygiene education sessions were provided to the partner schools. Overall, the project benefited 48 schools nationwide and more than 147,000 individuals.

LEAGUE of Corporate Foundation (LCF) members that funded the construction of hygiene facilities and production of IECs included Holcim Philippines, Insular Foundation, Metrobank Foundation, Citizen of the World Foundation, Aboitiz Foundation, and Vivant Foundation.

THE PROMIL4ISHINE MASTERS, FROM LEFT: Audie Gemora, Ryan Cayabyab, Kara Escay, Robert Alejandro, and Georcell Sy.

HILDREN are gifted in their own ways, and these normally manifest at an early age. Parents who spot these gifts early on can nurture them to help them reach their full potential. Parents can support and nurture their gifts, but the most basic and important way to help them nowadays is to ensure they have fewer sick days and more healthy days, more opportunities to practice, rehearse and give their full commitment. Give them a daily glass of the new and best-ever* Promil® Four. It now has the NutriGift System™ with MOS+ (Milk Oligosaccharides), that doubles your child's immunity to nurture the gift. The new reformulation also contains 4x higher DHA levels contributing to overall brain growth or mental development, and 37 other mind and body nutrients, like Selenium,

Vitamin B12, Vitamin D and more. Mentors in various creative fields share how the new Promil® Four can support nurturing your child’s gifts. Maestro Ryan Cayabyab, theater veteran Audie Gemora, craftmaster Robert Alejandro, celebrity choreographer Georcell Dapat-Sy, and arts director Kara Escay all agreed that health is top priority. Cayabyab summed it up this way: “Please keep healthy, and especially keep your immune system strong, really strong, so you'll be able to give your best performance. Escay added: "Let’s keep our immunity strong and keep our creative light shining bright.” Check out the Promil Four i-Shine website at https://www.wyethparenteam.com.ph/ brands/promil-four/ishine-landing-page for an exclusive code!

The benefits of North-South Commuter Railway

WITH this project, BRIA residents are guaranteed to have not only a more efficient travel experience, but more opportunities for better lives as well–as the NSCR is expected to bolster economic progress.

OST trusted home builders are well aware of the pivotal role that location plays in selling houses and condominium units. This is why apart from building their projects within driving distance or easy commutes to key lifestyle destinations, BRIA Homes considers its future residents’ proximity to neighboring towns and cities, especially to the metropolis and its suburban neighborhoods. BRIA Homes Division Head Eduardo T. Aguilar affirms this, saying, “We know that the government’s ongoing infrastructure projects not only benefit real estate properties through value appreciation, but also spur the economic growth of a place. Accessibility opens doors to multiple opportunities in tourism, manufacturing, business, etc. With time as a valuable asset, we want BRIA homeowners to savor their proximity to everything that makes daily life easy and convenient.” The North-South-Commuter Railway (NSCR) is one such project that is set to provide these advantages to residents in many BRIA developments such as those in Pampanga, Bulacan, Tarlac, and Laguna. Also known as the Clark-Calamba Railway, the NSCR is a 148-kilometer urban

rail transit system that will link the metro to New Clark City in the north and to Calamba in the south via Tutuban, Malolos, Clark, and its 36 stations. To optimize its potential as a convenient way to get around, the NSCR will be integrated into existing and future railway lines in the Philippines—LRT Line 1, LRT Line 2, MRT Line 3, and the upcoming Metro Manila Subway. Once completed, the NSCR project will benefit residents in several BRIA properties such as BRIA Homes Executive Calamba, BRIA Homes Calamba, BRIA Homes Alaminos, BRIA Homes San Pablo, BRIA Homes Sta. Cruz, BRIA Homes Sta. Maria, BRIA Homes Plaridel, BRIA Homes Norzagaray, BRIA Homes Mariveles, BRIA Homes San Jose del Monte, BRIA Homes Paniqui, BRIA Homes San Fernando, and BRIA Homes Magalang. “The NSCR will not only make road trips faster and easier; it will bolster economic progress in these provinces,” Aguilar enthuses. Prospective homebuyers can visit the BRIA website at www.bria.com.ph. Property seekers can head to the official BRIA Facebook page. Or reserve online through https://www. bria.com.ph/online-reservation/.

www.businessmirror.com.ph • Editor: Angel R. Calso

US rocked by 3 mass shootings during Easter weekend; 2 dead

AMPTON, S.C.—Authorities in South Carolina are investigating a shooting at a nightclub early Sunday that wounded at least nine people. It was the second mass shooting in the state and the third in the nation during the Easter holiday weekend. The shootings in South Carolina and one in Pittsburgh, in which two minors were killed early Sunday, also left at least 31 people wounded. No one was reported killed in the violence at Cara’s Lounge in Hampton County, roughly 80 miles (130 kilometers) west of Charleston, according to an email from South Carolina’s State Law Enforcement Division, which is investigating the shooting. A phone call to the nightclub was not answered. In Pittsburgh, two male youths were killed and at least eight people wounded when shots were fired during a party at a short-term rental property. The “vast majority” of the hundreds of people at the party were underage, the city’s Police Chief Scott Schubert told reporters. The Allegheny County Medical Examiner’s Office identified the two victims as Jaiden Brown and Mathew Steffy-Ross, both 17. Investigators believe there were multiple shooters, and Schubert said police were processing evidence at as many as eight separate crime scenes spanning a few blocks around the rental home. The two shootings come just a day after gunfire erupted at a busy mall in the South Carolina state capital of Columbia, about 90 miles (145 kilometers) north of Sunday’s nightclub shooting. Nine people were shot, and five people sustained other kinds of injuries while trying to flee the scene at the Columbiana Centre, Columbia Police Chief W.H. “Skip” Holbrook said Saturday. The victims ranged in age from 15 to 73. None faced lifethreatening injuries. “We don’t believe this was random,” Holbrook said. “We believe they knew each other and something led to the gunfire.” The only person arrested in the mall shooting so far is Jewayne M. Price, 22, one of three people initially detained by law enforcement as a person of interest. Price’s attorney, Todd Rutherford, told news outlets Sunday that his client fired a gun at the mall, but in self-defense. Rutherford said Price faces a charge of unlawfully carrying a pistol because he legally owned his gun but did not have a permit to carry a weapon. Columbia police said on Twitter that a judge agreed Sunday to let Price leave jail on a $25,000 surety bond. He was to be on house arrest with an ankle monitor, police said. “It was unprovoked by him. He called the police, turned himself in, turned over the firearm that was used in this, and gave a statement to the Columbia Police Department,” Rutherford said, according to WMBF-TV. “That is why he got a $25,000 bond.” Police said the judge will allow Price to travel from home to work during certain hours each day. Price is forbidden from contacting the victims and anyone else involved in the shooting. South Carolina residents age 21 or older can get a weapons permit, which as of last year allows them to carry weapons openly or concealed. They must have eight hours of gun training and pass a background check that includes fingerprinting. The three Easter weekend mass shootings are in addition to other gun violence in recent days. Last week, a gunman opened fire in a New York subway car, wounding 10 people. A suspect was arrested the next day. Earlier this month, six people were killed and 12 others wounded in Sacramento, California, during a gunfight between rival gangs as bars closed in a busy downtown area just blocks from the state Capitol. One week ago, a shooting inside a crowded nightclub in Cedar Rapids, Iowa, left a man and a woman dead and 10 people wounded. And last month, 10 people were shot at a spring break party in Dallas and several others were injured as they tried to escape the gunfire. AP

TheWorld BusinessMirror

Tuesday, April 19, 2022

Ukrainian defenders in Mariupol defy surrender-or-die demand By Adam Schreck & Mstyslav Chernov

The Associated Press

YIV, Ukraine—Ukrainian fighters who were holed up in a massive steel plant in the last known pocket of resistance inside the shattered city of Mariupol ignored a surrender-or-die ultimatum from Russia on Sunday and held out against the capture of the strategically vital port.

Ukrainian servicemen run for cover as explosions are heard during a Russian attack in downtown Kharkiv, Ukraine on Sunday, April 17, 2022. AP/Felipe Dana

The fall of Mariupol, the site of a merciless 7-week-old siege that has reduced much of the city to a smoking ruin, would be Moscow’s biggest victory of the war and free up troops to take part in a potentially climactic battle for control of Ukraine’s industrial east. Capturing the southern city would also allow Russia to fully secure a land corridor to the Crimean Peninsula, which it seized from Ukraine in 2014, and deprive Ukraine of a major port and its prized industrial assets. As its missiles and rockets slammed into other parts of the country, Russia estimated that 2,500 Ukrainian troops and about 400 foreign mercenaries were dug in at the sprawling Azovstal steel mill, which covers more than 11 square kilometers (4 square miles) and is laced with tunnels. Many Mariupol civilians, including children, are also sheltering at the Azovstal plant, Mikhail Vershinin, head of the city’s patrol police, told Mariupol television on Sunday. He said they are hiding from Russian shelling, and from any occupying Russian soldiers. Moscow had given the defenders a midday deadline to surrender and “keep their lives,” but the Ukrainians rejected it, as they’ve

and street fighting in Mariupol have killed at least 21,000 people, by the Ukrainians’ estimate. A maternity hospital was hit by a lethal Russian airstrike in the opening weeks of the war, and about 300 people were reported killed in the bombing of a theater where civilians were taking shelter. A n est imated 10 0,0 0 0 re mained in the city out of a prewar population of 450,000, trapped without food, water, heat or electricity in a siege that has made Mariupol the scene of some of the worst suffering of the war. “All those who will continue resistance will be destroyed,” Maj. Gen. Igor Konashenkov, the Russian Defense Ministry’s spokesman, said in announcing the latest ultimatum. Drone footage carried by the Russian news agency RIA-Novosti showed towering plumes of smoke over the steel complex, which sits on the outskirts of the bombed-out city, on the Sea of Azov. Ukrainian Deput y Defense Minister Hanna Malyar described Mariupol as a “shield defending Ukraine” as Russian troops prepare for battle in the mostly Russian-speaking Donbas, where Moscow-backed separatists already control some territory. Russian forces, meanwhile, car-

done with previous ultimatums. “We will fight absolutely to the end, to the win, in this war,” Ukrainian Prime Minister Denys Shmyhal vowed on ABC’s “This Week.” He said Ukraine is prepared to end the war through diplomacy if possible, “but we do not have intention to surrender.” As for besieged Mariupol, there appeared to be little hope Sunday of military rescue by Ukrainian forces anytime soon. Foreign Minister Dmytro Kuleba told CBS’ “Face the Nation” that the remaining Ukrainian troops and civilians in Mariupol are basically encircled. He said they “continue their struggle,” but that the city effectively doesn’t exist anymore because of massive destruction. Ukrainian President Volodymyr Zelenskyy sent Easter greetings via Twitter, saying: “The Lord’s Resurrection is a testimony to the victory of life over death, good over evil.” If Mariupol falls, Russian forces there are expected to join an allout offensive in the coming days for control of the Donbas, the eastern industrial region that the Kremlin is bent on capturing after failing in its bid to take Kyiv, Ukraine’s capital. The relentless bombardment

Shanghai reports three deaths, first of current Covid outbreak

hanghai reported its first deaths as the biggest Covid flareup China has faced during the pandemic prompted more cities around the country to impose restrictions on their residents. Three people died on Sunday in Shanghai, according to the municipal government. Aged between 89 and 91, all three had underlying conditions and were each unvaccinated. Another 16 are in critical condition, Wu Qianyu, an official with the city’s health commission, said at a briefing Monday. The newly reported deaths are the first since two people passed away in midMarch in the northeastern province of Jilin. They had been the first Covid fatalities in more than a year in China, where a strict zero tolerance approach had contained the virus until the more infectious Delta and Omicron variants emerged last year. With much of the rest of the world lifting restrictions as Covid becomes endemic, criticism has mounted that China’s insistence on eliminating the virus is inflicting too heavy a toll both socially and economically. Tens of millions in Shanghai and other cities have been barred from leaving their homes as part of lockdowns aimed at stymieing infections, leaving residents struggling to secure food and medicines. Beijing has responded by repeatedly vowing to stick with its Covid Zero policy. A front-page commentary publish Monday in the Communist Party’s flagship newspaper, the People’s Daily, called on the

nation to support President Xi Jinping’s Covid Zero strategy, showing any shift remains unlikely. In its article, the People’s Daily said Xi’s strategy to snuff out the virus has proved “correct and effective” and that China should be “uniting more closely around the party’s leadership with Xi Jinping as the core.” Citizens should follow the strategy “unswervingly and unrelentingly” with “earlier, faster, stricter and more practical” measures, it said. Shanghai, which has been the epicenter of this wave, reported more than 22,000 cases Sunday, taking total infections in the financial hub to more than 300,000. Nationwide, China reported 23,362 cases Sunday. Most reported cases in China have been mild or asymptomatic, with the number of severely ill patients remaining negligible. That’s raised questions among many in the public about the need for strict lockdowns. The low number of deaths in China has also cast suspicion on the reliability of the data. The Wall Street Journal and Caixin are among media that have reported on fatalities having occurred at elderly-care facilities in Shanghai where there have been infections, but that none of those deaths have been attributed to Covid. Beyond Shanghai, cities across China have been moving quickly to restrict movement by their residents in a bid to stamp out infections. Over the weekend, the western city of Xi’an came under a

partial-lockdown for four days after the city of 13 million identified more than 40 infections. The central city Zhengzhou also locked down its airport district for two weeks and started mass testing in the area on Monday. The city of Wuhu in the eastern province of Anhui locked down its downtown area after finding just one infection. The economic impact is already starting to show. Data released Monday for the month of March, when the cities of Shenzhen and the province of Jilin imposed lockdowns, showed a retail sales declined 3.5 percent from a year earlier, worse than an estimated 3 percent drop. Residential property sales by value dropped 29 percent, while the surveyed urban unemployment rate jumped to 5.8 percent, the highest since May 2020. With Shanghai’s lockdown not having started until the end of March, the impact of China’s Covid measures could be even more pronounced in coming months. Policy makers are responding with steps to cushion the economy, such as a reduction in how much banks must keep as reserves announced by the central bank late Friday. In Shanghai, officials have encouraged companies to restart production using so-called closed loop systems in which workers live at their factories. So far, more than 600 firms have started operations, including Quanta Computer Inc., which makes laptops for Apple Inc. Bloomberg News

ried out aerial attacks near Kyiv and elsewhere in an apparent effort to weaken Ukraine’s military capacity ahead of the anticipated assault. After the humiliating sinking of the flagship of Russia’s Black Sea Fleet last week in what the Ukrainians boasted was a missile attack, the Kremlin had vowed to step up strikes on the capital. Russia said Sunday that it had attacked an ammunition plant near Kyiv overnight with precision-guided missiles, the third such strike in as many days. Explosions were also reported overnight in Kramatorsk, the eastern city where rockets earlier this month killed at least 57 people at a train station crowded with civilians trying to evacuate ahead of the Russian offensive. At least five people were killed by Russian shelling in Kharkiv, Ukraine’s second-largest city, on Sunday, regional officials said. The barrage slammed into apartment buildings and left the streets scattered with broken glass and other debris, including part of at least one rocket. Kharkiv Mayor Igor Terekhov, in an impassioned address marking Orthodox Palm Sunday, lashed out at Russian forces for not letting up the bombing campaign on

such a sacred day. And Zelenskyy, in his nightly address to the nation, called the bombing in Kharkiv “nothing but deliberate terror.” A regional official in eastern Ukraine said at least two people were killed when Russian forces fired at residential buildings in the town of Zolote, near the front line in the Donbas. Zelenskyy said Russian troops in parts of southern Ukraine have been carrying out torture and kidnappings, and he called on the world to respond with more weapons and tougher sanctions. “Torture chambers are built there,” he said in his address. “They abduct representatives of local governments and anyone deemed visible to local communities.” Malyar, the Ukrainian deputy defense minister, said the Russians continued to hit Mariupol with airstrikes and could be getting ready for an amphibious landing to reinforce their ground troops. The looming offensive in the east, if successful, would give Russian President Vladimir Putin a vital piece of the country and a badly needed victory that he could sell to the Russian people amid the war’s mounting casualties and the economic hardship caused by the West’s sanctions. Austrian Chancellor Karl Nehammer, who met with Putin in Moscow this week—the first European leader to do so since the invasion February 24—said the Russian president is “in his own war logic” on Ukraine. In a n i nter v iew on NBC ’s “Meet the Press,” Nehammer said he thinks Putin believes he is winning the war, and “we have to look in his eyes and we have to confront him with that, what we see in Ukraine.’’ Chernov reported from Kharkiv. Yesica Fisch in Kramatorsk, Ukraine, and Associated Press journalists around the world contributed to this report.

Turkey launches new ground, air offensive in northern Iraq

NKARA, Turkey—Turkey has launched a new ground and air crossborder offensive against Kurdish militants in northern Iraq, Turkey’s defense minister announced early Monday. Turkish jets and artillery struck targets belonging to Kurdistan Workers’ Party, or PKK, before commando troops— supported by helicopters and drones—crossed into the neighboring region by land or were airlifted by helicopters, Defense Minister Hulusi Akar said in a video posted on the ministry’s web site. Akar said the jets “successfully” struck shelters, bunkers, caves, tunnels, ammunition depots and headquarters belonging to the PKK. The group maintains bases in northern Iraq and have used the territory for attacks on Turkey. Turkey has conducted numerous cross-border aerial and ground operations against the PKK over the past decades. The latest offensive was centered in northern Iraq’s Metina, Zap

and Avashin-Basyan regions, Akar said. “Our operation is continuing successfully, as planned. The targets that were set for the first phase have been achieved,” Akar said. There was no information on the number of troops and jets involved in the latest incursion. “We are determined to save our noble nation from the terror misfortune that has plagued our country for 40 years,” Akar said. “Our struggle will continue until the last terrorist is neutralized.” The minister said the incursion was targeting “terrorists” and that “maximum sensitivity” was being shown to avoid damage to civilians and cultural and religious structures. There was no immediate statement from the Kurdish militant group. Tens of thousands of people have been killed since the PKK, which is designated a terrorist organization by the US and the European Union, began an insurgency in Turkey’s majority Kurdish southeast region in 1984. AP

Sports

Age-group tennis tourney resumes with Dipolog leg

BusinessMirror

| Tuesday, April 19, 2022 mirror_sports@yahoo.com.ph Editor: Jun Lomibao

CONE CAUTIOUS ON AGUILAR By Josef Ramos

APETH AGUILAR slammed a two-handed alley-oop off Scottie Thompson’s feed early in the second quarter of Game 5 on Sunday night and everybody, especially the more than 17,000 fans who packed the Smart Araneta Coliseum, believed he’s back a hundred percent. He isn’t. “He’s a little bit careful and I don’t blame him,” said Barangay Ginebra San Miguel had coach Tim Cone after their 115-110 victory over the Meralco Bolts in Game 5 that sent the Gin Kings a win away from retaining the Philippine Basketball Association Governors’ Cup. “We encourage him to be careful,” Cone said. “The only thing lacking in his game so far is his explosiveness toward the ring, but that’s fine.” Aguilar played in Game 4 and went scoreless in 10 minutes in his team’s 95-84 win, but was fielded in

Game 5 and finished with six points, two rebounds and one block. The 6-foot-9 Aguilar incurred a minor left calf injury during Game 1 of Ginebra’s semifinals game against NLEX last March 24. Since then, he could only either watch from the bench or sparingly enter the match with limited minutes and motion. In Game 5, Aguilar made himself look fit and healthy with that highlight dunk that for a while, sent Cone to the edge of his seat. “Are we really going to do this or should we really do this?” Cone asked. “We set that up for him but Scottie made a great pass and he got the dunk.” “He came down good and no damage was done,” he said. Cone added: “We are trying to keep his minutes down, we’re limiting him and don’t want to stretch him out or fatigue that muscle out.” Thompson, the league’s best player of the conference, said there’s no bad pass to Aguilar especially if he’s healthy.

“If he’s healthy enough, you just can throw the ball up in the air and he’ll get it and dunk it.” Justin Brownlee had 40 points and 11 rebounds, while Thompson flirted with a triple-double of 19 points, 11 assists and nine rebounds and Christian Standhardinger got 13 points in Game 5 where Ginebra staved off a Tony Bishop-led Meralco uprising. The Gin Kings controlled much of Game 5 and led by as many as 14 points only to be threatened when the Bolts came to within 98-97 built around a 15-2 run engineered by Bishop with under five minutes remaining. Ginebra responded with seven unanswered points Thompson highlighted with a three-pointer to halt Meralco’s rally for a 105-97 count with close to two minutes remaining. “We scored 115 points against a really, really good Meralco defense,” Cone told the post-game interview. “So that really tells you how well we really shot the basketball tonight.”

I’m not familiar with the course,” said Avaricio after besting multi-titled Princess Superal in sudden death to claim the ICTSI Hallow Ridge Challenge in San Pedro, Laguna two weeks ago. It was Avaricio’s second LPGT win after scoring a breakthrough at Riviera-Couples in big fashion last November with the former Alabama State U standout annexing her latest feat on a course, which staged an LPGT event for the first time but which she calls home. But heading to the Caliraya Springs Golf Club, also a first-time host of the pro circuit, Avaricio is staying positive while hoping to make the most of her practice stint at the well-maintained par-72 layout set amidst Lake Caliraya and a view of Mt. Banahaw yesterday (Monday). “Like most of the players, it’s my first time to be playing in Caliraya. I have no idea how the course looks like but I’ll do my best and I have prepared the way I usually prepare for a tournament,” said Avaricio. “I’m just focusing on my own game and I hope to see during practice what I can do for the week,” she added. The rest of the compact 17-player field, including amateur Aily Kidwell, are likewise all geared-up for the 54-hole event organized by Pilipinas Golf Tournaments, Inc. while putting emphasis on their ability to adjust on the challenges offered by the Arnold Palmer-designed layout. They include Harmie Constantino, who is out to check a skid after a

PSA Forum on weightlifting

AMAHANG Weightlifting ng Pilipinas president Monico Puentevella will talk about the weightlifters’ campaign in the 31st Southeast Asian Games in the virtual Philippine Sportswriters Association

(PSA) Forum on Tuesday. Puentevella will discuss the Filipino athletes’ bid to surpass the two gold medals they won in the last edition of the biennial games that the country hosted in 2019.

Benilde squares off with Mapua

Avaricio upbeat in ladies tour, eyes on Alido in men’s contest at Caliraya HANELLE AVARICIO remained upbeat but has expressed guarded optimism on her back-to-back title drive on the Ladies Philippine Golf Tour (LPGT) which resumes Tuesday with the International Container Terminal Services Inc. (ICTSI) Caliraya Springs Championship in Cavinti, Laguna. The P750,000 LPGT event, set over 54 holes, is held simultaneously with the men’s tour with the young guns bracing for a spirited battle of power and mental toughness with the seasoned campaigners in the next four days of the P2 million championship. Ira Alido—who nailed his first PGT victory at Riviera in 2020—Lloyd Go, Sean Ramos and Rupert Zaragosa are but four of a bunch of young turks eager and ready to slug it out with the likes of Clyde Mondilla, Jay Bayron, Jhonnel Ababa and Tony Lascuña in what promises to be another down-tothe-wire finish after Miguel Tabuena nipped Mondilla on the second playoff hole to rule the PGT kickoff leg at Luisita in Tarlac last month. Also tipped to contend are Jobim Carlos, Jerson Balasabas, Michael Bibat, Marvin Dumandan, Zanieboy Gialon, Reymon Jaraula, Joenard Rates and Dutch Guido Van der Valk with legends Frankie Miñoza and Robert Pactolerin spicing up the cast in the invitational championship put up by ICTSI. The LPGT chase is also expected to be tight and fierce. “I won’t expect anything because

Japeth Aguilar is making those two-handed slams but he’s not close to 100 percent recovered from his injury.

OLLEGE of Saint Benilde and Mapua battle for solo third place in their effort to keep their slim hopes of securing outright Final Four berths alive on Tuesday in the National Collegiate Athletic Association seniors basketball tournament at the La Salle Greenhills Gym. Coach Charles Tiu hopes that his Blazers will regain the form that gave them four straight victories in their 12 noon match with the Cardinals. San Sebastian College and Jose Rizal University (JRU) clash in the day’s other game at 3 p.m. A shock 68-74 loss to last-placed Jose Rizal University a week ago put Saint Benilde in danger of missing the top two spots after the eliminations. The Heavy Bombers ended a fivegame losing skid with that win. “I hope they will bounce back

and learn from the JRU loss where we were outplayed.,” Tiu said. “We need to have better focus and take every team seriously because we aren’t that good.” Will Gozum, the team’s biggest acquisition during the pandemic, is expected to suit up after hurting his right foot in the second half against JRU. Gozum, who will face his former Red Robins teammate Warren Bonifacio for the first time in the league, is not only coach Randy Alcantara’s main concerns when they break their tie—they’re both 4-2 won-lost—with the Blazers. With identical 5-0 records, defending champion Letran and San Beda need to win two more games to assure themselves of outright Final Four berths with a twice-to-beat advantage.

HE Palawan PawnshopPalawan Express Pera Padala (PPS-PEPP) national age group tennis circuit resumes Tuesday in Dipolog City with over a hundred youngsters chasing top honors in various divisions and ranking points at the RGS tennis courts in Zamboanga del Norte. The boys’ 16-under division, meanwhile, holds a one-day qualifier for four slots in the main draw, underscoring the big number of entries wishing to get a feel of tournament play and at the same gain exposure in the country’s longestrunning junior circuit. Neo Maratas and Roddick Gabuat head the 16- and 18-under cast while Judyann Padilla and AJ Acabo loom as the players to beat in the top two divisions in the girls’ side of the tournament put up by PPS-PEPP president and CEO Bobby Castro and presented by Dunlop. Rose Mesiona and Stephanie Omos, meanwhile, lead the chase in the girls’ 14-under category while Pete Bandala and Clint Gallenero earn the top two seedings in the boys’ side of the tournament sponsored by Darel Dexter Uy. Omos and Hannah Jumawan top-bills the 12-under category with Bandala and Sherwin Gom-os bannering the boys’ class while Jared Sy and Brielle Gamus are fancied in the 10-under division, which also held an elims for the last remaining slot in the main draw. The staging of the Dipolog leg comes on the heels of the postponement of the La Carlota stage due to typhoon Agaton that hit the Visayas recently with the youngsters bracing for a busy schedule in the next five weeks of the circuit held under the auspices of the Unified Tennis Philippines and Universal Tennis Rating. The next PPS-PEPP stop will be held in Sindangan from April 21 to 24 then to Labason from April 25 to 27 and Liloy from to April 28-30, all in Zamboanga del Norte with Lala, Lanao del Norte hosting the next leg from May 1 to 3 before heading to Oroquieta City in Misamis Occidental from May 4 to 6. For details and registration, contact event organizer Bobby Mangunay at 0915-4046464.

CASIMERO

Casimero defends ‘bantam’ belt CHANELLE AVARICIO plays a course she’s not familiar with. remarkable pro debut last year where she won two tournaments on her way to clinching the the Order of Merit title, and fellow leg winners Sunshine Baraquiel and Daniella Uy with former champion Chihiro Ikeda also due for a big finish. Completing the cast are Marvi Monsalve, Sarah Ababa, Florence Bisera, Kristine Fleetwood, Lovelyn Guioguio, Apple Fudolin, Lucy Landicho, Pamela Mariano, Eva Miñoza, Gretchen Villacencio and Shery Villasencio. The SEA Games will be held from May 12 to 23 in Hanoi, Vietnam. The weekly session—presented by San Miguel Corp., Milo, Philippine Sports Commission, Philippine Olympic Committee, Unilever, Amelie Hotel Manila, and the Philippine Amusement and Gaming Corp.— starts at 10 a.m. The public sports program is livestreamed via the PSA Facebook page fb.com/PhilippineSportswritersAssociation and aired on a delayed basis the same day at 3:30 p.m. to 5:00 p.m. over Radyo Pilipinas 2, which also shares the livestreaming over its Facebook page.

SUMMER PROGRAM

The Philippine Taekwondo Association (PTA) is now accepting participants for the ongoing SMART/MVP Sports Foundation Taekwondo Summer Class, a program also supported by the Philippine Sports Commission and Philippine Olympic Committee. The PTA is affiliated member of the World Taekwondo Federation. For inquiries, contact PTA at 85220518 or 85220519, or 0918-670-0370, 0977-422-5137 or e-mail philtkd@ gmail.com/philippinetaekwondo@gmail.com

ORLD Boxing Organization (WBO) bantamweight champion Johnriel Casimero faces Englishman Paul Butler on Friday for the third defense of his belt in a 12-rounder organized by Probellum Promotions at the Echo Arena in Liverpool, England. Casimero, 33, arrived in London three days ago and is doing his best with trainer Stephen Lunas to meet

the 118-pound weight limit before the formal weigh-in later this week. Casimero was supposed to fight Butler (33-2 win-loss record with 15 knockouts) last December 11 in Dubai, but he didn’t make the weight because of a reported viral gastritis. The WBO, after an investigation, gave him a second chance and rescheduled the fight. If Casimero doesn’t make weight anew for whatever reason, he will be

automatically stripped of the title. Videos from Casimero’s social media account showed that the Ormoc City boxer is in shape for the fight. BusinessMirror learned that WBO International bantamweight champion Jonas Sultan is also in London as a possible substitute fighter if Casimero (31-4 record with 21 knockouts) fail the weight anew. Casimero is coming off a split decision win over Cuban Guillermo Rigondeaux last August 14 in Carson, California. Josef Ramos

Undisputed, still undefeated ‘welter’ champ next?

RLINGTON, Texas—There could be an undisputed, and still undefeated, welterweight champion later this year. Undefeated champions Errol Spence Jr. and Terence “Bud” Crawford may finally get in the ring together. Both have made it clear that is what they want to happen. Soon after World Boxing Council (WBC) and International Boxing Federation (IBF) champion Spence won his unification bout to take the World Boxing Association (WBA) belt from Yordenis Ugás, World Boxing Organization (WBO) titleholder Crawford tweeted that it was time for the “real fight” to happen. “Everybody knows who I want next. I want Terence Crawford next,” Spence said after his scheduled 12-rounder with Ugás was stopped in the 10th round late Saturday night. “That’s the fight that I want. That’s the fight everybody else wants.” Spence (28-0, 22 knockouts) had already been talking about wanting to face Crawford and the possibility of an undisputed championship even before adding his third belt Saturday night. An energized home crowd of 39,946 was there for Spence’s first fight since his 12-round unanimous decision over Danny Garcia more than 16 months earlier—also at

SPENCE

CRAWFORD

the home stadium of the National Football League’s Dallas Cowboys. The 34-year-old Crawford (38-0, 29 knockouts) last fought in November, a 10th-round TKO of former champ Shawn Porter. That was Crawford’s fifth defense of the WBO title he first won nearly four years ago. In his tweet directed at Spence, Crawford wrote, “congratulations great fight now the real fight happens. No more talk no more side of the street let’s go!!!!” Another tweet read, “keep my belts warm I’ll be coming to grab em later this year.” There are still plenty of details and negotiations to be worked out before there will be a fight with unprecedented title implications in the 147-pound division—and a lot of

big money on the line. “I’m not going to talk about what’s going to be fair for both us,” the 32-year-old Spence said about potentially difficult negotiations. “I have guys in suits to go over all of the analytics and stuff like that.… He’s got his people.” Mexican superstar Canelo Alvarez last November became the first undisputed super middleweight champion (168 pounds) in the fourbelt era. Now the stage is set for Spence and Crawford to determine one welterweight champ. Spence’s fight against Ugás was stopped 1:44 into the 10th round with the now-dethroned WBA champion’s right eye swollen shut. “All my respect to Errol Spence. He’s a great champion,” Ugás said in the ring before being taken in an ambulance to a local hospital for observation. “I’m just sad about what happened.… The referee stopped the fight, but I wanted to keep going to the end.” Ugás in the sixth delivered an uppercut that sent Spence’s mouthpiece across the ring. Before the hometown favorite could gather himself, Ugás connected with a left-right combo to the head that send Spence stumbling back toward the ropes, though he didn’t fall to the mat.