BusinessMirror January 05, 2024 by BusinessMirror

MIC holds 1st meeting, forms key committees By Jasper Emmanuel Y. Arcalas @jearcalas

& Samuel P. Medenilla sam_medenilla

T WORLD | A14

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HE operationalization of state-owned Maharlika Investment Corp. (MIC) is slowly taking shape as its board of directors formed key committees critical to the bankrolling of the country’s first-ever sovereign wealth fund. In a statement, the Department of Finance (DOF) said the MIC board, chaired by Finance

Secretary Benjamin E. Diokno, met for the first time on January 3 to discuss the Maharlika Investment Fund’s (MIF) capitalization and potential project investments. “In today’s meeting, we aim to fully operationalize the Maharlika Investment Fund. I look forward to your cooperation and support as we work together in mobilizing greater investments in the country’s growth-enhancing sectors, while upholding the highest standards of accountability, fiscal responsibility, and good governance,” Diokno was quoted

as saying in his opening remarks during the board meeting. In a statement on Thursday, the Presidential Communications Office (PCO) said the MIC members tackled fund capitalization and potential sectors, where the MIF will be tapped. “For the Philippines to truly flourish, the fruits of our endeavors must nourish every corner of the nation. We aim to be not just stewards of wealth, but architects of inclusive growth, bridging the gap between economic promise and tangible prosperity for all

Filipinos,” MIC President & CEO Rafael “Joel” D. Consing Jr. said during the event. Republic Act (RA) No. 11954 created the MIC to mobilize and utilize the MIF. The MIC is a governmentowned and -controlled corporation (GOCC) tasked to oversee the utilization of the country’s MIF. During the meeting, Consing Jr. presented the potential sectors that the MIC can invest in to achieve the goals of the MIF See “MIC,” A2

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Economic Cha-cha will unlock potential in PHL media, RE–FEF

From left, Rafael “Raffy” Alunan III, President of the Rotary Club of Manila, Governor Eli M. Remolona Jr., of the Bangko Sentral ng Pilipinas, and Antonio “Anton” Jacomina III, President of the Rotary Club of Forbes Park, are seen during the RCM’s 22nd Weekly Meeting at the Manila Polo Club in Makati City on Thursday, January 4, 2024. NONOY LACZA By Cai U. Ordinario

@caiordinario

HE Bangko Sentral ng Pilipinas (BSP) is keen on creating a foreign exchange intervention framework within the year to better manage the central bank’s efforts to “contain stress” when it comes to Philippine peso. On Thursday, BSP Governor Eli M. Remolona Jr. told Rotarians that the central bank must only intervene in the foreign exchange market “during times of stress.” Remolona said the BSP has “been intervening a bit too much.” Containing stress, he said, means the central bank should intervene less in the foreign exchange market. “We think intervention should only happen, during times of stress. It’s meant to contain stress. October 2022 was a stressful episode, for example. So those are the events in which we want to intervene,” Remolona told the Rotary Club of Manila at its first meeting for the new year.

“I think we’ve been intervening a bit too much. If it's about containing stress, that also means intervention should be infrequent,” the BSP Governor added. It may be recalled that the peso traded at its lowest in October 2022 at a monthly average of P58.8247 to the US dollar. The peso was at its weakest in October 11, 2022 at P58.994 to the greenback and was at its strongest toward the end of that month on October 28 when the peso closed at P58.288 to the US dollar. However, since that month, the peso has strengthened and is traded at P55.567 to the US dollar

FOREIGN RELATIONS, WORKER UPSKILLING VITAL IN ’24–PCCI By Andrea E. San Juan

@andreasanjuan

HE Philippine Chamber of Commerce and Industr y (PCCI) had expressed optimism that 2024 will be a “better year” for Philippine businesses, but said that the country should strengthen its foreign relations and work on upskilling and reskilling its workers to make doing business in the country easier. “With the challenges we’re facing like the government’s effort and the private sector effort to address the issue of ease of doing business, with all the promotions and with all the incentives being given to foreign investors, we can see that we are looking forward to a better year for 2024,” PCCI President Eunina Mangio said in a televised interview on Thursday. Mangio also noted that PCCI is optimistic of hitting the gov-

ernment’s 6.5 to 7.5 percent growth target for 2024 as “the foreigners forecasted the Philippines as the fastest growing economy among Southeast Asian neighbors.” The growth forecast of the government as presented by the Development Budget Coordination Committee (DBCC) was initially set at 6.5 to 8 percent for 2024, but had been narrowed to 6.5 to 7.5 percent. “This modern growth will be driven by resilient and domestic consumption, increasing government spending and on infrastructure projects and gradual recovery of some sectors. We look at the economy to gradually and moderately grow to its target,” Mangio said. Ma ng io a l so poi nted to the “good individuals” who have been recently appointed. While she did not name names,

OCAL economists believe undertaking an economic charter change would harness the country’s potential in mass media and renewable energy. In a statement, the Foundation for Economic Freedom (FEF) said liberalizing restrictive areas in the 1987 Constitution will allow the economy to develop and compete in a changing global economic landscape. The FEF added that the 1987 Constitution limits investments that are needed to develop the country’s creative industries. “The restrictions in the 1987 Constitution serve as constraints to developing areas of the economy where the Philippines has great promise such as mass media and renewable energy,” FEF said. “While investments in solar and wind energy have been liberalized, there is still a lot of uncertainty for foreign investors because of the 60/40 rule in investments in natural resources and ownership of land,” it added. FEF also proposed amendments to National Economy and Patrimony as well as Filipino-first provisions in the constitution. The local economists are proposing that 100-percent foreign

ownership be allowed in terms of exploration, development, and utilization of natural resources; alienable lands of the public domain; and educational institutions, among others. The economists also propose that mass media be included in industries where foreign ownership will be allowed 100 percent. “If necessary, Congress can impose the appropriate restrictions, conditions for ownership, or safety nets based on the needs of the country to sustain economic and social development through legislation,” FEF said in a statement. “The removal of economic restrictions from the Philippine Constitution will provide policymakers with greater flexibility to respond effectively to changing global and domestic economic conditions and the evolving needs of the economy,” it added.

Next RFINL

Earlier, the National Economic and Development Authority (Neda) said the next edition of the country’s Regular Foreign Investment Negative List (RFINL) is expected to become shorter to reflect recent legislative changes. See “Economic,” A2

See “Foreign,” A2

See “BSP,” A2

PESO exchange rates n US 55.7090 n japan 0.3888 n UK 70.5610 n HK 7.1359 n CHINA 7.7926 n singapore 41.9274 n australia 37.4866 n EU 60.8454 n KOREA 0.0426 n SAUDI arabia 14.8549 Source: BSP (January 4, 2024)

News BusinessMirror

A2 Friday, January 5, 2024

Foreign… Continued from A1

the newly-appointed PCCI head said these individuals will “help us address the issues not just on the ease of doing business, but our issue on power, our issue on reskilling of laborers.” Attached to the optimism expressed by the head of the business group, however, is the call on the government to “strengthen our foreign relations and at the same time continue with our target remittance from our foreign workers.” “That is why upskilling and reskilling of laborers is very important because we need our foreign partners to appreciate our workers,” added Mangio. Moving forward, the PCCI head underscored the importance of the business sector working hand in hand with the government to attain economic growth. “We have always recognized that the government can’t do it alone and we in the business sector have the responsibility of helping nurture our economy,” Mangio said. “We are taking a more proactive role in helping from the national to the local government champion initiatives that will make our enterprises more competitive and our important sectors more attractive to local and foreign investors,” she added.

www.businessmirror.com.ph

DA reorganization to cover bureaus, regl field offices, too

By Jasper Emmanuel Y. Arcalas @jearcalas

HE revamp at the Department of Agriculture (DA)—involving key heads of its bureaus and regional field offices—will continue in the near future as it seeks to create a more “efficient” management team aimed at improving policy and project deliveries. Agriculture Assistant Secretary and Spokesperson Arnel De Mesa said the reorganization that Agriculture Secretary Francsico P. Tiu Laurel Jr. at the DA is not only confined within its central office. “May mga additional pa pong paggalaw. Hindi lamang po sa central office kung hindi hanggang sa bureaus at regional offices,” De

Mesa said in a radio interview on Thursday. (There will be additional movements. Not only at the central office but also across the bureaus and the regional offices) De Mesa explained that the reorganization being undertaken by Laurel is meant to make the department's delivery of programs

and policies “more effective and efficient.” In a separate statement, the DA confirmed that there would be “further changes” in its leadership given the “temporary” nature of certain appointments and the “additional work load placed on the shoulder of certain officials.” Exactly two months after he was appointed as agriculture chief, Laurel issued seven Special Orders (SO) regarding the designation of several officials, mostly undersecretaries, at the DA. (Related story: https://businessmirror. com.ph/2024/01/03/laurel-reshufflessenior-agriculture-officials/)

Retirement, no other issues

De Mesa explained that the reshuffling at the DA was not caused by any issues that are being faced by any officials at its leadership. He noted that the reorganization is purely administrative in the part of the DA's new leadership under Laurel. For one, De Mesa disclosed that Agriculture Undersecretary Leocadio S. Sebastian is set to retire at the end of the month. With his impending retirement, Laurel decided to appoint Sebastian as part of the secre-

tary’s technical advisory group or STAG. With the movements at the DA leadership, De Mesa said farmers and the public could expect better policies aimed at modernizing the agriculture sector toward a more food secure country. “Definitely you can expect changes in our policies toward the goal of improving our responses and implementation of programs. You can expect improvements in our programs, policies, and guidelines,” he said. Laurel earlier disclosed that the DA, under his leadership, would unveil a new “game plan” that would “modernize” the country’s food production systems. “Very soon, we will have that program—possibly in the next 10 days—that we will cascade to everyone,” he said last January 2. “Basically, a lot of things need to be done. We need to do this with a sense of urgency because there are only four years left in the administration of President Marcos. And we also have to change the perception of Filipinos that we can produce more food for our country,” he added.

Economic… Continued from A1

Neda Undersecretary for Planning and Policy Rosemarie G. Edillon told BusinessMirror that the oversight agency had already made a proposal to the President regarding the 13th RFINL. The Neda is tasked to formulate and submit a proposed RFINL to the President for promulgation. This is set under the Implementing Rules and Regulations (IRR) of Republic Act (R A) No. 11647 or An Act Promoting Foreign In-

vestments. The relevant provisions of recent legislation will be reflected in changes to List A and B of the RFINL for its 13th edition. List A focuses on limitations on foreign ownership by mandate of the constitution and specific laws, while List B focuses on limitations on foreign ownership for security, defense, health, and morals of small and medium-scale enterprises. Cai U. Ordinario

MIC… Continued from A1

of contributing to the country’s socioeconomic development, according to the DOF. Some of the sectors that Consing presented were oil, gas, power, agroforestry industrial urbanization, mineral processing, tourism, transportation, aerospace, and aviation, the DOF added. “The Board approved the presented Capitalization Scheme of the MIC amounting to P125 billion,” it said. “The Fund is designed to catalyze economic development and accelerate the country’s growth by optimizing the use of government financial assets and promoting intergenerational management,” it added. According to PCO, Consing urged every Filipino to help support the MIF, the country's first sovereign wealth fund. “ The Maharlika Investment Corp. is not just a financial entity; it is a torchbearer for a brighter Philippine future. We invite all Filipinos to join us in tending this flame, nurturing the seeds of national prosperity, and together, realizing a legacy that spans generations," he said.

MIC committees formed

The MIC board approved the creation of committees and the

nominations of their respective chairpersons in accordance with pertinent provisions of Republic Act 11954, which created the MIF. Consing nominated MIC Director Roman Felipe Reyes to head the Audit Committee while MIC Director Vicky Castillo Tan would lead the Risk Management Committee. “The Board likewise approved the creation of additional Committees and PCEO Consing nominated the following to serve as Chairpersons: [Andrew Jerome] Gan for the Investment Committee, [German] Lichauco II for the Corporate Governance and Ethics as well as Related Party Transactions Committees, Tan for Nomination and Remuneration Committee, and the PCEO himself for the Executive Committee,” the DOF said. The MIC Board has also greenlit the appointment of the Bureau of the Treasury (BTr) as the Interim Fund Manager of the MIC, according to the DOF. The DOF said Consing also updated the MIC board regarding the GOCC's staffing and recruitment, including the hiring of its management team. (Related story: https:// businessmirror.com.ph/2023/12/28/maharlika-being-built-brick-by-brick-pceo/) The next MIC Board Meeting is scheduled in the fourth week of January, the DOF added.

BSP…

Continued from A1

as of the end of 2023. On Thursday, the peso closed at P55.5 to the greenback. Remolona said he has appointed Senior Assistant Governor Edna C. Villa to be the head of Financial Markets which is tasked to create the framework. The first order of business is to determine who the country’s peers are to better understand foreign exchange movements. “How do you tell that it’s stress? One of the things we do is look at our peers. Hindi pwedeng dollar-peso lang eh [It can’t be just solely dollar-peso],” Remolona told reporters. “So [one] homework is, who are our peers? Which countries are in the same boat as we are? That’s not clear yet. We have an idea, but there’s a need to review will who are really our peers,” he explained, speaking partly in Filipino. The framework will be an ongoing process which will start with briefing the Monetary Board about foreign exchange movements. The BSP’s Monetary and Economics Sector (MES) will also be involved in the undertaking. “So we want to do things in the right way. We want to do things based on fundamentals, but also based on what we know is going on in the markets,” Remolona said.

Grey list

Remolona said the government is also keen on exiting the grey list “as soon as possible” and that the next chance to do that is in October 2024, consistent with the statement from the Palace. He said getting out of the grey list is crucial given the possibility of joining countries like North Korea, Iran, and Myanmar in the black list. Entering the black list may have an impact not only on the country’s credit rating status but also Overseas Filipino Worker (OFW) remittances. Earlier, Anti-Money Laundering Council (AMLC) Executive Director Matthew M. David said remittance costs could increase or more documentary requirements may be required before OFWs can send the much-needed financial lifeline to their families here. David also said there is even the possibility that these remittance transactions may not be allowed to go through. Remolona said by October, the country may already be able to accomplish the eight remaining tasks needed in order to be taken out of the FATF grey list. “I think we will manage to accomplish those 8 by October. Hopefully we’ll get out of the gray list. We certainly don’t want to go get into the black list. The gray list is bad enough,” Remolona said. The FATF placed the country on its grey list in June 2021 after it identified deficiencies in the implementation of Philippine rules and regulations against money laundering and terrorist financing. It issued 18 action items the country needs to complete by January 2023 before it considers removing the country’s grey list status. Ten of the said action items were already fully implemented, while the remaining eight are still pending. The deficiencies are preventing the government from achiev ing its self-imposed deadline of exiting from the grey list by January 2024 under Memorandum Circular No. 37 of Malacañang issued in October. David disclosed that “most” of the eight remaining deficiencies identified by the FATF were only “partly addressed.”

Friday, January 5, 2024

www.businessmirror.com.ph • Editor: Vittorio V. Vitug

CHED and DepEd urged to ensure smooth transition of SHS students By Butch Fernandez @butchfBM

ENATOR Francis Escudero on Thursday urged the Commission on Higher Education (CHED) and Department of Education (DepEd) to ensure that no senior high school (SHS) student would be displaced in the wake of the scrapping of the SHS program in state and local universities and colleges. In a statement Wednesday, Escudero called on CHED and DepEd to closely coordinate to ensure that “no senior high school students will be displaced” with the discontinuation of the SHS program in state universities and colleges (SUC) and local universities and colleges (LUC). The senior lawmaker pointed out, “While the discontinuation of the SHS programs in SUCs and LUCs has the legal basis…aligned with the mandate of Higher Education Institutions [HEI], it is also important that no students will be left behind” because of this latest development. “Bagama’t legal ang hakbangin ng CHED, mahalaga pa rin na matiyak natin ang kapakanan ng ating mga estudyante sa senior high school. Walang dapat na maiwan at mahalaga rito na nag-uusap ang CHED at DepEd,” Escudero pointed out,

noting that the SUCs and LUCs were only allowed to accommodate SHS during the transition period to the K-12 program. A s presid i ng c h a i r m a n of the Committee on Higher, Technical and Vocational Education, the lawmaker likewise said the DepEd should closely monitor through its regional offices if there are students at risk of being displaced once the SUCs/LUCs should no longer offer the SHS program. CHED Chairman Prospero de Vera III earlier confirmed that a memorandum dated December 18 has been issued, stating the “discontinuance” of the SHS program in SUCs/LUCs in line with CHED’s previous directives through CMO Nos. 32 and 33 series of 2015 and 2016. In directing the HEIs to discontinue the SHS program, he said, “there is no longer a legal basis to fund the same.” De Vera stated that he was obliged to release the memorandum after discovering that “a number” of SUCs and LUCs were still accepting more SHS enrollees as of last year, which is two years after the transition period. At the same time, De Vera clarified that SUCs and LUCs were already reminded earlier to discontinue their senior high program and stop accepting more enrollees.

China on high alert in SCS after PHL, US hold 2nd joint patrol

By Malou Talosig-Bartolome

HINA’S military went on high alert Wednesday night after the Philippines and the United States announced they are conducting two-day joint maritime operations in the West Philippine Sea (WPS). The Chinese People’s Liberation Army’s (PLA) Southern Theater Command also announced they have “organized” its naval and air forces “to conduct routine patrols” in the South China Sea (SCS) on the same day of the joint patrol of the Philippine and American navies. “The troops of the theater remain on high alert at all times, resolutely defending national sovereignty, security, and maritime rights and interests, it said, adding that any military activities that cause disturbances and create hot spots in the South China Sea are fully under control,” the PLA theater command said in a

No Pinoys in JAL mishap–envoy

HER E are no Fi lipinos among the 379 passengers on board the Japan Airlines (JAL) plane that collided with a Coast Guard aircraft at Tokyo’s Haneda airport. Ph i l ippi ne A mba ssador to Tok yo Mylene Garcia-A lbano said JAL informed the Embassy Wednesday night about the good news.

Solons to push probe on Panay outages Continued from A18 This happened last year, and it is repeating again now. Immediate resolution is essential, or else a thorough investigation is warranted,” added Castro. On Wednesday, Deputy Majority Leader Julienne Baronda of Iloilo said these power outages warrant scrutiny by the lawmakers in the exercise of their congressional oversight function to safeguard public welfare. Baronda said the recurring power outages not only inconvenience residents but also have far-reaching consequences for businesses, education, and healthcare services. “It is unacceptable that the people on Panay Island are again struggling in the dark. The households, students, businesses, and even the operation of local governments are all severely affected,” Sen. Grace Poe said in a statement. Poe, who chairs the Senate Public Services committee, said “concerned agencies and private companies must find ways to restore power in Panay Island at the most expedient time.” She lamented that the April 2023 blackout on the island provinces should have been an eye opener for the NGCP and power utilities, but that apparently those involved have not heeded the lessons of past experience. “They should have been better prepared for any system disturbance and avert such with efficient planning and utilization of resources,” stressed Poe, who called for a reckoning with those who should be accountable for the mess. Jovee Marie N. dela Cruz, Butch Fernandez

“You’ll be glad to know we confirmed with JAL that there were no Filipino passport holders on board the flight,” Garcia-Albano told the BusinessMirror. The JAL plane was attempting to land at the Haneda airport when it collided with the Coast Guard’s Bombardier-built Dash-8 maritime patrol plane on the runway last Tuesday.

Some 367 passengers and 12 crew of JAL survived the burning airliner, although 14 were hurt. Five of the Coast Guard aircraft crew had died. Close to 300,000 Filipinos are working or residing in Japan and thousands more have spent their holidays in Japan as tourists. Among those who went to Japan during the Christmas and

PBBM declares Jan. 9 holiday in Manila City for ‘Traslacion’

ITH the large crowds that are expected to participate in the Feast of the Black Nazarene in Quiapo Church next week, President Ferdinand R. Marcos, Jr. has declared January 9, 2024 as a special nonworking holiday in Manila. In his Proclamation No. 434 issued through Executive Secretary Lucas P. Bersamin on Thursday, the Chief Executive announced the holiday. “It is but fitting and proper that the people of the City of Manila be given full opportunity to participate in the occasion and enjoy the celebration,” Marcos said. Quiapo Church officials announced the resumption of the traditional “Traslacion” procession next Tuesday after it was suspended during the pandemic.

They reminded devotees not to c limb the car r iage of the iconic black Christ as in previous years and to maintain order during the activity. The route of the procession will start at the Quirino Grandstand at the Rizal Park and end at the Quiapo Church in Manila. Other measures, which are being considered, are the jamming of phone signals as well as the designation of “no f ly zones” in the areas where the procession will pass.

PCG to help secure ‘Traslacion’

THE Phi l ippine Coast Guard (PCG) will be assisting the Philippine National Police (PNP) in securing the Traslacion or the religious procession which is the highlight of the Feast of the Black

NSC scores Reds’ ‘rectification movement’ call vs government

RANKING National Security Council (NSC) official on Wednesday slammed the Communist Party of the Philippines-New People’s Army-National Democratic Front (CPP-NPA-NDF) following the launch of its “3rd Rectification Movement” during the 55th anniversary of its armed wing last December 26. This as the insurgent group earlier committed itself to exploratory peace talks with the government. NSC Assistant Director General Jonathan Malaya, in a statement, said this pronounce-

ment by the CPP-NPA-NDF “extremely disappointed, and perplexed” them as the group reaffirmed its allegiance to “Joma Sison’s obsolete Marxism-Leninism- Maoism” and called on the NPA “stir up and spread the flames of the people’s war.” “Instead of a rectification movement abandoning arms and preparing for the NPA’s transformation provided in the Oslo Joint Communique, the CPP instead has called for a rectification movement doubling down on its commitment to carry forward the armed struggle which

statement. On Wed nesd ay n ight, t he Armed Forces of the Philippines and the US Navy announced in separate statements that their navies are conducting so-called maritime cooperative activity (MCA) in the SCS. The US Nav y said the MC A is “ designed to support the longstanding partnership” between the Philippine and US militaries and “ further advance combined c apabi l it ies in t he m a r it ime domain.” This is the second time the Philippines and the US conducted joint patrol in the WPS. The first one last New Year holidays are showbiz persona l it ies and pol it icians like Pampanga Rep. and former P resident Glor i a Mac apaga lArroyo. Former First Gentleman Mike Arroyo shared that their whole family (except for Ambassador Luli Arroyo-Bernas) spent their holidays in Niseko and flew from Sapporo to Tokyo on board a JAL plane. But because their flight was delayed, they narrowly missed the ill-fated crash by 50 minutes. Malou Talosig-Bartolome

Nazarene held every January 9. PCG chief Admiral Ronnie Gil Gavan, in a statement, said the Coast Guard District National Capital Region-Central Luzon (CGDNCR-CL) was tasked to help the PNP in securing the religious event. He added that the PCG would also deploy K-9 units to help paneling operations at the Quirino Grandstand, Jones Bridge, and within Quiapo Church. “Aside from augmenting crowd control operatives, PCG personnel will assist security forces in the vicinity waters off Pasig River and Manila Bay [behind Quirino Grandstand] through coastal patrols onboard Coast Guard floating assets,” Gavan said. He added PCG medical teams capable of conducting mass evacuation using Pasig River and Manila Bay will also be on standby for necessary assistance during the procession. Samuel P. Medenilla and Rex Anthony Naval

it euphemistically calls as the “national democratic revolution” towards “complete victory,” he said. And to make matters worse, Malaya said the anniversary statement also called the forthcoming “exploratory talks” resulting from the Oslo Communique as “an additional battlefield to advance the national democratic cause.” “The use of the word ‘battlefield’ is telling. This only means that the CPP have not abandoned its original position, and I quote Luis Jalandoni, that peace talks are ‘another form of legal struggle, which is possible to be used by the revolutionary forces in order to advance the revolutionary armed struggle and the revolutionary mass movement,” Malaya said. Rex Anthony Naval

November drew the ire of Beijing. “Our strike group welcomes the opportunity to conduct maritime activities,” US Navy Rear Adm. Carlos Sardiello, CSG-1 commander. “Sailing and operating together demonstrates our commitment to improving our interoperability and information sharing with the Armed Forces of the Philippines, to enhance our ability to coordinate on maritime domain awareness and other shared security interests.” Aside from joint sail, the two navies participated in enhanced planning and advanced maritime communication operations. Participating ships from the US include USS Carl Vinson, Ticonderoga-class guided-missile cruiser USS Princeton (CG 59), Arleigh Burke-class guided-missile destroyers USS Kidd (DDG 100) and USS Sterett (DDG 104). Meanwhi le, the Phi lippine Navy dispatched Gregorio del Pilar-class offshore patrol vessels BRP Gregorio del Pilar (PS-15), BRP Ramon Alcaraz (PS-16), and Tarlac-class landing platform dock BRP Davao del Sur (LD-602). “The US Navy regularly conducts

exercises like these to strengthen ties among allied and partner nations. T hese e xercises en ha nce combined read iness and capabilities in support of a free and open Indo-Pacific,” the US Nav y said. The strike group departed San Diego on October 12 for a scheduled deployment to the Western Pacific. Since enter ing the US 7th Fleet area of operations, CSG-1 participated in the Multi-Large Deck Event and Annual Exercise 2023 in the Philippine Sea. These exercises provided opportunities to collaborate with allied forces such as the Royal Australian Navy, Royal Canadian Navy, and Japan Maritime Self Defense Force further strengthen regional cooperative efforts. CSG-1 is a multiplatform team of ships and aircraft, capable of carrying out a wide variety of missions around the globe from combat missions to humanitarian assistance and disaster relief response. CSG-1 is currently deployed to US 7th Fleet area of operations in support of a free and open Indo-Pacific.

Metro Covid surge report ‘fake news,’ DOH clarifies By Claudeth Mocon-Ciriaco @claudethmc3

HE Department of Health (DOH) on Thursday dismissed as “fake news” a report that there is a new Covid-19 wave in Metro Manila attributed to a medical practitioner from a private hospital. “It is important to note that the message is unverified and the doctor and hospital are not involved. There is no credible evidence or official announcement from health authorities supporting the assertion of a surge in Covid-19 cases at the mentioned hospital,” the DOH said. The agency also urged the public to rely only on information from reputable sources, such as the DOH and other official health organizations. Misinformation can contribute to unnecessary panic and fear, according to the DOH. Furthermore, the DOH stated that criminal charges may be pressed if related post/s would persist. The DOH said it continues to enjoin the public to source information only from legitimate sources and platforms, such as the health department,

The ‘source’

MEANWHILE, St. Luke’s Medical Center (SLMC), upon verification with Dra. Ruth Divinagracia, who is reportedly the source of the information, clarified that she has not made any recent public statement regarding a purported new wave of Covid-19 infections. “The statement being attributed to her, which were purportedly issued recently, were actually made two years ago during the surge of infections that took place at that time,” SLMC said in a statement. SLMC stressed that they are one with the DOH in its call for the public to get Covid-19-related news from official sources, such as the DOH itself. “We urge everyone to avoid spreading fake news by verifying the information they receive

before sharing it with others,” the SLMC added

Post-holiday Covid ‘scorecard’

THE DOH, meanwhi le, said that the average number of new cases per day for the week of December 26, 2023 to Januar y 1, 2024 is down by 10 percent compared to cases from December 19 to 25. Of the new cases, only around 1 percent were serious or critically ill. For November to December 2023, the percentage of occupied ICU beds for Covid-19 cases remained low at only 16 percent at its highest, averaging at 12 percent. The DOH said that their data also showed a consistently low percentage of severe and critical cases among hospital admissions, currently at 11 percent. “Our data show the continuous low transmission and mild presentation of Covid-19 locally. This is due to Filipinos choosing healthy behaviors and heeding the call for multiple layers of protection: using face masks when needed, and going to wellventilated areas, staying at home when ill,” the DOH said adding that the vaccination coverage is also high. “Critical cases are minimized because eight out of every ten eligible senior citizens are protected by a primary series,” the DOH added. The DOH, however, reminded the public not to be complacent about Covid-19. “We can gather and carry on with our activities, mindful always to choose well-ventilated and good airflow areas. When feeling ill, it is best to stay at home. Choose to wear a mask if you have symptoms, or even if you are healthy but you are vulnerable [of senior age or immunocompromised] or frequently stay with a person who is. Vaccination protects. These same measures work against many other influenza-like and respiratory illnesses,” the DOH said.

Editor: Vittorio V. Vitug • www.businessmirror.com.ph

Friday, January 5, 2024

New Marina chief unveils new growth, sustainability plan for maritime sector By Lorenz S. Marasigan

@lorenzmarasigan

HE Maritime Industry Authority (Marina) launched a new campaign that aims to promote sustainable practices and inclusive growth in the maritime sector. In a media advisory, Marina said its new administrator, Sonia B. Malaluan, is leading the new campaign called Charting a Clean Course, Safely Sailing Together, noting its commitment to environmental stewardship and responsible governance. “Picture an ocean map, pristine and unspoiled, with a meticulously plotted route that outlines responsible practices and environmental protection. It symbolizes the agency’s dedication to steering the industry towards clean waters,” Marina said.

The new campaign also highlights a story of unity and equity, Marina said. “From local fishermen to international traders, Marina’s efforts transcend boundaries, ensuring that the benefits of responsible maritime practices reach everyone. It’s a collective voyage, where every community, every stakeholder, has a place on board,” the Marina said. It added that the agency is “setting forth on a journey where safe navigation meets inclusivity, charting a sustainable path for the

maritime sector’s future.” “This campaign serves as a compass, guiding the agency and its stakeholders toward a shared vision of a cleaner, safer, and more inclusive maritime industry,” the agency said. The Marina is currently implementing the Maritime Industry Development Plan (MIDP) 2028, emphasizing on the goal of championing the concept of the “blue economy.” The blue economy framework encompasses a wide range of maritime and coastal activities. The core idea behind the blue economy is stewardship of the ocean, ensuring that the benefits derived from its waters are balanced with efforts to preserve its health. The MIDP 2028 outlines an “overriding program” on the “Promotion of Environmentally Sustainable Maritime Industry.” This program also seeks to establish a sustainable maritime industry, creating green jobs and redoubling efforts to protect the environment.

The MIDP comprises several strategies and specific program components, aiming to enhance policies and regulatory frameworks, promote research and development, and ensure compliance with international conventions and national regulations for marine environmental protection. T he overriding program is designed to support the longterm objectives of the MIDP. It aims to strengthen policies and regulatory frameworks, establish dedicated offices for marine environmental protection, enhance information systems, and promote research and development in various areas related to maritime sustainability. Under the MIDP 2028, the Philippines aims to cut by half the number of marine pollution related illnesses/cases, solid waste from ships, and liquid waste from ships in the next five years. Furthermore, the country aims to reduce the percentage of greenhouse gas emissions from Philippine flag vessels by 30 percent by 2028.

FOR THE CHILDREN AND THE ELDERLY Lancaster Technology and Development Philippines, Inc. (LTD), a leading systems integrator and IT solutions provider, extends a helping hand to indigent communities, particularly for the education, health and well-being of children and the elderly, through the BYSMP Bless the Children Foundation and Bukas Palad Foundation of the Philippines, Inc. Handing over the checks to the two charity org anizations is LTD president and CEO John Domantay (extreme right), together with (from left to right) LTD COO Myrvin Cortes; Jorrymie Sandoval and Maria Cristina De Guzman of Bless the Children Foundation; and Quirlyno Sanchez of Bukas Palad Foundation. The turnover was held during LTD’s yearend thanksgiving event at the Grand Ballroom of Shangri-La The Fort, graced by executives of top multinational IT companies like Amazon, Cisco, Dell Philippines, Hitachi-Vantara, Honeywell, Huawei, Veritiv and Zebra Technologies.

Group sounds alarm over high Holiday Season trash

N V IRONMENTA L group EcoWaste Coalition on Thursday sounded the alarm over tons of holiday trash left by revelers on the streets, sidewalks, parks, and market areas in the wake of the recent New Year’s Eve celebrations. “We are one with our fellow Filipinos in welcoming 2024 with excitement. However, what makes this wonderful celebration ugly is the annual tradition of throwaway culture accompanying it—as can be seen from the overflowing bins to the garbage piles dotting the streets,” Aileen Lucero, national coordinator, Ecowaste Coalition said.

Incidentally, the group said the Philippines is supposed to be observing the National Zero Waste Month this January by virtue of Presidential Proclamation No. 760, dated May 05, 2014, issued by the late former president Benigno Aquino III. “As we welcome the New Year, it is already expected that our streets will be laden with trash and different pollutants, such as remains from hazardous residuals from firecrackers and spoiled food. This is a bad way of welcoming the year because pollution attracts different pests that are culprits

of disease that may transmit to humans,’’ Lucero added. Data from the Department of Environment and Natural Resources (DENR) show that the country generates 61,000 metric tons of solid waste daily, which almost double during the Holiday Season. Meanwhile, information from the Metropolitan Manila Development Authority (MMDA) ranked Quezon City as number 1 in garbage production in the Metropolis generating 3,610 tons per day, followed by Manila City and Caloocan City at 1,175 and 913 tons per day,

respectively. Marikina City ranked 6th at 460 tons per day after Parañaque City (635 tons per day) and Makati City (474 tons per day). Metro Manila, according to MMDA, produces 9,872 tons of garbage every day. Unfortunately, EcoWaste said the only 33 percent of the 61,000 metric tons are disposed of in landfills and dumps, while at least 35 percent find their way into the open environment and oceans, which damages marine life and poses risks to human health. Jonathan L. Mayuga

MGB identifies top mining forest contributors to NGP

ELIX Resources and Development Corporation topped the list of mining companies with the highest contribution to the National Greening Program (NGP) for the mining sector. Helix, which operates in Iligan City and Lugait in Misamis Oriental planted a total of 495,396 trees in over 3,067 hectares of land, and maintains a 93.58 percent survival rate since it started reforestation in 1989, the Mines and Geosciences Bureau (MGB) reported. Helix was followed by Filiminera Resources Corporation based in Aroroy, Masbate, which planted a total of 3,122,897 trees over 2,629.79 hectares. It maintains a survival rate of 89.93 percent. FCF Minera ls Cor porat ion based in Quezon, Nueva Vizcaya, landed in the third spot with 2,149,586 trees planted in over 2,620 hectares of land. It maintains a 91.84 percent survival rate. According to Danilo U. Uykieng, the mining sector contributes to the NGP through the Mining Forest Program (MFP). To recall, DENR launched the “Adopt-a-Tree”, Adopt–a–Mining Forest Movement” under DENR Administrative Order (DAO) No. 22, series of 1989, calling for the re-establishment of mining forests within specified areas by qualified applicants. Now called dubbed as the Mining Forest Program, the tradition of reforestation by mining firms continued. “The current implementation of the National Greening Program for the mines sector falls under the umbrella program of the Mining Forest Program,” explained Uykieng in his letter-response to the BusinessMirror. He said the MFP is one of the strategies undertaken by mining contractors, permit holders, and permittees for achieving effect progressive rehabilitation of mined-out areas. The MFP enables mining companies to intensify community participation in the reforestation activities in areas outside of mining tenements, in coordination with the DENR satellite offices,

such as City Environment and Natural Resources Office (CENRO) and Provincial Environment and Natural Resources Office (PENRO), as well as private landowners through a memorandum of agreement (MOA). Initially, the target was to establish 34,000 hectares of reforestation areas outside and within mining contract or permit areas within three years or from 20112013 and to provide an orderly and clear plan in implementing the NGP for the mines sector. Under the program, mining contractors, permit holders, and permittees are mandated to implement programs, such as the establishment of reforestation areas through the planting of seedlings, including their maintenance and protection, or the donation of seedlings to other participants of the NGP. According to Uyk ieng, the DENR through the MGB is monitoring the accomplishments of mining contractors, permit holders, and permittees for the implementation of its MFP and NGP as part of the annual Best Mining Forest contest. As of December 2023, the combined MFP and NGP for the mines sector accomplishment of the mining contractors, permit holders, and permittees covered the reforestation of 44,534.65 hectares, with a total of 61,607,504 trees planted. Of these, 55,269,957 trees survived, or an average survival rate of 90.51 percent. The implementation of the MFP and NGP for the mining sector aims to incorporate strategies in the progressive rehabilitation of mined-out areas and other areas through reforestation, conserve the forest as a natural habitat for fauna and flora, and preserve the existing soil and water conditions. Moreover, it also aims to increase and protect the value of vegetation and biological diversity, promote community participation in reforestation activities, and intensify information, education, and communication on reforestation activities and contribute to climate change mitigation. Jonathan L. Mayuga

DMW allots ₧35-million assistance for OFWs affected by Japan quake

HE Department of Migrant Workers (DMW) allocated P35 million to provide assistance to overseas Filipino workers (OFW) adversely affected by the 7.6 magnitude earthquake, which hit Japan earlier this week. “Financial assistance is forthcoming for those who have been adversely affected by the earthquake,” DMW Officer-in-Charge Hans Leo J. Cacdac said in a television interview on Thursday. He said those who will qualify would include those whose homes were damaged or destroyed, displaced from their work, and those who need food and basic necessities.

Each of the qualified beneficiaries will get P30,000 cash aid from DMW. Cacdac said there are almost 1,200 OFWs in the Japan’s Toyama and Ishikawa prefectures near the epicenter of the earthquake. He said most of them are employed in the construction and manufacturing industry. “Last night, I was talking with a group of OFWs and assured them of our support and assistance,” the DMW chief said. He said their help desk in Japan is getting few calls, which he attributed to the Japanese government’s effective disaster management efforts. Samuel P. Medenilla

www.businessmirror.com.ph | Editor: Vittorio V. Vitug

News BusinessMirror

Friday, January 5, 2024

LGU targets to increase tourist visit to Kalayaan Islands By Ma. Stella F. Arnaldo @akosistellaBM Special to the BusinessMirror

OR tourists to the Kalayaan Islands, the possibility of spotting Chinese patrol vessels adds to the thrill of the tour.

In an inter view with the BusinessMirror, Ken Oupando, Chief Tourism Officer of Kalayaan, said, “It has actually boosted the marketing of our tours. It may be weird but the tourists tell us they want a commitment from us that they will see the Chinese vessels. I guess it gives them a different kind of adventure.” The vessels are quite visible from Pag-Asa Island, which is located in the West Philippine Sea (WPS). The local government unit (LGU) of Kalayaan in Palawan is targeting to attract 350 tourists this year, a 300-percent increase from last year’s 86, which included 15 foreign travelers. Oupando said a private travel agency based in Puerto Princesa has been offering package tours to the area since last year, including homestays on PagAsa Island. “The activities tourists can engage in include diving and sports fishing, while they can also go bird-watching at Lawak Island…and Likas Island is a marine sanctuary for sea turtles,” he said. Pag-Asa Island has fine white sand and clear waters for swimming, he added. The main tourism season in Kalayaan Islands is from May to June.

No harassment from China

DESPITE Mainland China’s claim

it also owns the Kalayaan Islands (Spratly Islands), tourists have never been harassed by the Chinese patrol vessels. “There have been no incidents of harassment,” said Oupando. “The [Philippine] Coast Guard usually issues a maritime report announcing the tours of the islands, which is received by all ships in the area. So they [Chinese vessels] are careful because they know these tourists are civilians.” The recent maritime skirmishes between the Philippines and China overislandsintheWPShaveprompted lawmakers to include a P100-million fund for the Tourism Infrastructure and Enterprise Zone Authority (Tieza) to conduct a Masterplan and Detailed Engineering Study of the West Philippine Sea and Neighboring Islands. The P100-million fund is part of a larger P620-million subsidy to Tieza, a government firm overseen by the Department of Tourism, and tasked to establish tourism enterprise zones and construct infrastructure projects in local tourism destinations. (See, “Marcos administration eyes tourism development in West Philippine Sea,” in the BusinessMirror, January 4, 2024.) According to Oupando, engineers from Tieza already visited PagA sa Island “ last November ”

to help develop a campsite, which will provide alternative accommodations for tourists. “Tourists can stay either with local residents…or at a campsite, which is now being developed with the help of Tieza,” he said. The development of the campsite will be funded from the subsidy granted to Tieza, “but the actual funds will be downloaded [to the LGU] in January this year,” he said.

Stakeholders supportive but...

TO U R I S M C o n g re s s o f t h e Philippines President Roberto Zozobrado is generally supportive of the plan to explore tourism prospects in the WPS. “The WPS controversy is attracting a lot of Filipinos. I, for one, would like to see what else does the WPS offer aside from attracting China’s interest. I think it’s a good move to develop the area into a tourist destination. I do think the funds allocated for that purpose is too much. Tieza can use some of it to improve the tourism appeal of our other domestic destinations.” For her part, Rajah Travel Corp. President Aileen Clemente said, “I think President Marcos Jr. is trying to hit two birds with one stone here. And honestly, the area is really beautiful. It’s just that [the funds] flow through a national agency but then will be used to develop a local area, which still doesn’t have accessibility. So that will most likely be just for the masterplan. How will you then implement it?” She added, “Are there any other low-hanging fruits or destinations that can be fixed? And does this [WPS project] go with the overall tourism master plan? For instance, if Sierra Madre is infested with NPA [New People’s Army], can trails be made and provide clear livelihood? Why hasn’t that been given attention?”

Govt sets new target for narcotics control

ESPITE its new “rehabilitation-focused” drive against illegal drugs, the Marcos administration is still eyeing to reduce by 10 percent the number of targetlisted drug personalities by 2028. In a statement issued on Thursday, the Presidential Communications Office (PCO) said the Philippine Drug Enforcement Agency (PDEA) would intensify its investigation against high profile drug personalities. “And to reduce the supply of illegal drugs, the PDEA intensified its efforts against top-level drug personalities, not only by arresting them but also by strengthening financial investigation to immobilize their assets,” PCO said.

As part of the government’s mid-term goals, PCO said it would establish Community-based Drug Rehabilitation Programs (CBDRP) and Anti-Drug Abuse Councils (ADAC) in all provinces, cities, municipalities and barangays. It noted these initiatives would augment existing government campaigns against illegal drugs, which prioritizes rehabilitation, reintegration, and preventive education programs specifically for the youth. “In line with this, the DILG [Department of the Interior and Local Government], in partnership with other national government agencies [NGA], local government units [LGU], the private sector, faith-based and civil society organizations,

launched the Buhay Ingatan, Droga’y Iwasan [BIDA] Program in November 2022,” PCO said. This was in contrast to the more aggressive campaign led by the Philippine National Police (PNP) against drug traffickers during the administration of former president Rodrigo R. Duterte, which killed at least 6,000 people. But even with the new approach of the Marcos administration, PNP was able to confiscate around P10.41 billion worth of illegal drugs last year and helped in clearing more than 27,000 barangays of narcotics. It was able to conduct more than 44,000 anti-illegal drug operations, which resulted in the arrest of 56,495 suspects. Samuel P. Medenilla

DBM disburses P55.65M for construction of MSU-Marawi student center building By Manuel T. Cayon @awimailbox

AVAO CITY—The Department of Budget and Management released P55.65 million to the Mindanao State University (MSU) in Marawi City to cover the construction of a 3-story Student Center Building. Budget Secretary Mina F. Pangandaman said the fund was approved under the Special Allotment Release Order (SARO) intended to improve the education facilities in the university, which hugged the national attention after a group of young terrorists blew up on December 2 an improvised explosive fashioned from a mortar round. Four Catholic Church mass goers were killed and scores of others were injured. “Tulad po ng lagi kong sinasabi, our youth are the torchbearers of our future. That is why it’s important that we support them by providing the necessary equipment and facilities. ’Yan din po ang

marching order ng ating Pangulong Ferdinand R. Marcos Jr. dahil alam niya ang kahalagahan ng edukasyon. So, on our part po, we will continue to help gear up the youth,” Pangandaman said in a statement. The 3-story Student Center Building has an allocated area of 1,850 square meters “to serve as a venue for the promotion, development, and implementation of various student-related programs and activities of the University,” the DBM said. “Improving education facilities is essential for creating a condu-

cive learning environment for all learners, including those in remote and hard-to-reach areas,” the DBM added, quoting President Marcos as saying in his budget message. Pangandaman said the implementation of the locally-funded project would be chargeable against MSU-Marawi’s built-in appropriations under the Fiscal Year 2023 General Appropriations Act. The DBM has also allotted P154.192 million in the 2024 national budget to the Free Higher Education (FHE) program in MSU-Marawi City.

BusinessMirror

Friday, January 5, 2024

ESTABLISHMENT / ADDRESS

ESTABLISHMENT / ADDRESS No.

NAME OF FOREIGN NATIONAL , POSITION AND BRIEF DESCRIPTION

QUALIFICATION AND SALARY RANGE

7 PRIME TECH, INC. 10/f Ewestpod, Eton Westend Square, Yakal St. Cor. Don Chino Roces Ave., San Antonio, City Of Makati

SANTI Bilingual Finance Support Specialist

Basic Qualification: Foreign language speaking.

Brief Job Description: Manage and accept all incoming payments.

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

ALBERTUS MICHAEL CHRISTIANTO Indonesian Speaking Customer Service Officer 2.

Brief Job Description: Manage large amount of calls, and handle customers concerns. IGNATIUS VERRELL WILLIAM Indonesian Speaking Customer Service Officer

Brief Job Description: Manage large amount of calls, and handle customers concerns. KELVIN Indonesian Speaking Customer Service Officer

Brief Job Description: Manage large amount of calls, and handle customers concerns. TONY WONG Indonesian Speaking Customer Service Officer

Brief Job Description: Manage large amount of calls, and handle customers concerns.

No.

18.

10.

11.

12.

13.

14.

15.

16.

17.

Brief Job Description: Organizing and filling of documents.

LIN, HONGLIANG Pricing Analyst (Freight Forwarding)

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

Basic Qualification: Foreign language speaking.

19.

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

Basic Qualification: Foreign language speaking.

OH, MYUNGSU Pricing Analyst (Freight Forwarding)

20.

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

DING, XIUJIE Mandarin Operations Specialist

Brief Job Description: Maintain accurate sales record.

TANG, HANLIN Mandarin Operations Specialist Brief Job Description: Maintain accurate sales record.

TAY WEI CHUAN Mandarin Operations Specialist Brief Job Description: Maintain accurate sales record.

XIONG, JIEYING Mandarin Operations Specialist Brief Job Description: Maintain accurate sales record.

YANG, WENLONG Mandarin Operations Specialist Brief Job Description: Maintain accurate sales record.

ZHENG, BOYANG Mandarin Operations Specialist Brief Job Description: Maintain accurate sales record.

ZHOU, GAOFENG Mandarin Operations Specialist Brief Job Description: Maintain accurate sales record.

ZHOU, RONG Mandarin Operations Specialist Brief Job Description: Maintain accurate sales record.

WANG, MEILAN Pricing Analyst (Freight Forwarding)

21.

Salary Range: Php 150,000 - Php 499,999 Basic Qualification: Can speak Mandarin language.

22.

Salary Range: Php 150,000 - Php 499,999 Basic Qualification: Can speak Mandarin language. Salary Range: Php 150,000 - Php 499,999

23.

24.

Brief Job Description: Train new workers in performing equipment inspection and preventive maintenance.

CHOI, KANGMIN Mandarin Speaking Customer Service 25.

Brief Job Description: Attracts potential customer by answering product and service questions. HU, XIONGFEI Mandarin Speaking Customer Service

26.

Brief Job Description: Attracts potential customer by answering product and service questions.

Basic Qualification: In-depth knowledge of statistical methods and data analysis. Ability to keep abreast of industry trends and develop dynamic pricing tools. Advanced ability to present pricing analysis reports to relevant stakeholders. Excellent analytical and communication skills.

31.

Basic Qualification: Skills and competence for the nature of the work.

27.

Brief Job Description: Attracts potential customer by answering product and service questions. NG KUAN LIM Mandarin Speaking Customer Service

28.

Basic Qualification: Can speak Mandarin language.

Brief Job Description: Attracts potential customer by answering product and service questions.

TANG, SHIHONG Mandarin Speaking Customer Service

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

Brief Job Description: Attracts potential customer by answering product and service questions.

Brief Job Description: Responsible for turning applications into something that people enjoy using. They do this by studying the user experience and measuring how easy it is to complete tasks in an efficient manner while improving ease-of-use capabilities through many different approaches.

WANG, SHICHAO Booth Fabrication Specialist Consultant 32.

Brief Job Description: Coordinates sub-contractors involved in the assembly stages. Ensures compliance with safety procedures and quality standards. Searches for the most efficient technical solutions.

SHI, HONGFEI Project Coordinator 33.

Brief Job Description: The primary function of a project coordinator is to make sure projects run smoothly. Coordinating project schedules, resources, equipment and information.

FENG, YUXIN Chinese Speaking Sales Marketing Specialist 34.

Brief Job Description: Supporting the marketing team with marketing activities by demonstrating expertise in various areas, including optimization, advertising, social media, direct marketing, and event planning. JIANG, LONG Chinese Speaking Sales Marketing Specialist

35.

Brief Job Description: Supporting the marketing team with marketing activities by demonstrating expertise in various areas, including optimization, advertising, social media, direct marketing, and event planning. REN, LULU Chinese Speaking Sales Marketing Specialist

Basic Qualification: Skills and competence for the nature of the work.

WANG, XULAN Chinese Speaking Sales Marketing Specialist

36.

37.

ZHANG, JUN Chinese Speaking Sales Marketing Specialist 38.

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

Basic Qualification: Can speak Mandarin language. CHENG, JINCUI Chinese Speaking Trade Marketing Specialist

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Can speak Mandarin language.

Brief Job Description: Gives inputs in the analysis of program results and gives recommendations for improvement.

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Can speak Mandarin language.

FAN, ZHAOMIN Chinese Speaking Trade Marketing Specialist 40.

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

Basic Qualification: Can speak Mandarin language. Salary Range: Php 30,000 - Php 59,999

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

Basic Qualification: Can speak, write, and type in Mandarin language. Salary Range: Php 30,000 - Php 59,999

Basic Qualification: Can coordinate and interface between fabrication/installation and pre-fabrication activities. Able to speak and communicate using Mandarin language is an advantage. Must be willing to work on field.

Basic Qualification: Must be willing to attend meeting, sales, events and trainings to keep abreast of the latest developments. Must be willing to work in field. Salary Range: Php 30,000 - Php 59,999

COMPLEX TRADE INC. Unit 1100-d 11/f Vicente Madrigal Bldg., 6793 Ayala Ave., Bel-air, City Of Makati

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

Basic Qualification: Can speak Mandarin language.

Basic Qualification: Can speak, write, and type in Mandarin language.

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

QUALIFICATION AND SALARY RANGE

C’EST LA VIE EVENT MANAGEMENT INC. 230, Narra Street, Marikina Heights, City Of Marikina

Basic Qualification: Strong organizational and management skills including problemsolving. Representational skills. Excellent verbal and written skills. Selfmotivated and creative. Salary Range: Php 30,000 - Php 59,999

Brief Job Description: Professionals who ensure that all databases, including those for financial or customer information, stay up to date with policies and procedures in place to protect against data loss. YANG, HUIYA User Experienced Designer

39. LEE, HAECHUL Mandarin Speaking Customer Service

29. ALPHA CENTURY CONSULTANCY INC. 15/f Tower 2 Rcbc Plaza, 6819 Ayala Ave., Bel-air, City Of Makati

30.

BAOLONG TECHNOLOGY INDUSTRY GROUP LIMITED INC. 24th-27th/f Century Diamond Tower, Kalayaan Ave. Cor. Salamanca St., Poblacion, City Of Makati

Basic Qualification: Can speak Mandarin language. Salary Range: Php 150,000 - Php 499,999

Brief Job Description: Train new workers in performing equipment inspection and preventive maintenance. SHEN, FEIFEI Technical Advisor

Basic Qualification: Can speak Mandarin language. Salary Range: Php 150,000 - Php 499,999

Brief Job Description: Supply Chain Managers are responsible for overseeing and managing company’s overall supply chain and logistics strategy and operations in order to maximize the process efficiency and productivity. In addition, they play a crucial role in developing and maintaining good relationships with vendors and distributors.

LYU, JINWEI Technical Advisor

Basic Qualification: Can speak Mandarin language. Salary Range: Php 150,000 - Php 499,999

HUANG, YUANYUAN Database Administrator

AMIGOS CONSTRUCTION AND DEVELOPMENT INC. Unit W-1602 B West Tower, Tektite Towers Exchange Road, Ortigas Center, San Antonio, City Of Pasig

Salary Range: Php 150,000 - Php 499,999 Basic Qualification: Can speak Mandarin language.

Brief Job Description: Pricing analysts help businesses determine competitive pricing strategies to gain market share and achieve revenue goals. They analyze data from multiple sources, develop complex pricing models, and collaborate with sales and marketing teams to develop sales strategies.

LENG, QI Supply Chain Manager

Salary Range: Php 150,000 - Php 499,999 Basic Qualification: Can speak Mandarin language.

NAME OF FOREIGN NATIONAL , POSITION AND BRIEF DESCRIPTION

BZC IT SERVICES INC. 3f Salcedo One Center, 170 Salcedo St., San Lorenzo, City Of Makati

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

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

Salary Range: Php 150,000 - Php 499,999 Basic Qualification: Can speak Mandarin language.

Basic Qualification: Can speak Mandarin language.

No.

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

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

Basic Qualification: Can speak Mandarin language.

PENG, QUAN Mandarin Operations Specialist

Basic Qualification: Can speak Mandarin language.

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

QUALIFICATION AND SALARY RANGE

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

Brief Job Description: Maintain accurate sales record.

Basic Qualification: Foreign language speaking.

Basic Qualification: can speak mandarin

LIU, SHAOPING Mandarin Operations Specialist

Brief Job Description: Develop a strategy.

Basic Qualification: Foreign language speaking.

CHEN, CHEN Mandarin Operations Specialist

Brief Job Description: Maintain accurate sales record.

HUANG, LIMEI Mandarin Manager

ESTABLISHMENT / ADDRESS

AM-PRO IMPORTS MARKETING CORP. 16e Residenza Suites, 429 Shaw Blvd., Addition Hills, City Of Mandaluyong

AB LEISURE EXPONENT, INC. 5/f Sm Megamall Bldg. D, J Vargas, Wack-wack Greenhills, City Of Mandaluyong LIANG, WENBO Mandarin Executive Assistant

NAME OF FOREIGN NATIONAL , POSITION AND BRIEF DESCRIPTION

www.businessmirror.com.ph

Brief Job Description: Gives inputs in the analysis of program results and gives recommendations for improvement.

LIU, SHUANGSHUANG Chinese Speaking Trade Marketing Specialist 41.

Brief Job Description: Gives inputs in the analysis of program results and gives recommendations for improvement.

Basic Qualification: With at least 6 months of work experience and good in verbal and written communication. Salary Range: Php 30,000 - Php 59,999 Basic Qualification: With at least 6 months of work experience and good in verbal and written communication. Salary Range: Php 30,000 - Php 59,999 Basic Qualification: With at least 6 months of work experience and good in verbal and written communication. Salary Range: Php 30,000 - Php 59,999 Basic Qualification: With at least 6 months of work experience and good in verbal and written communication. Salary Range: Php 30,000 - Php 59,999

Basic Qualification: With at least 6 months of work experience and good in verbal and written communication. Salary Range: Php 30,000 - Php 59,999

BusinessMirror

www.businessmirror.com.ph

ESTABLISHMENT / ADDRESS No.

NAME OF FOREIGN NATIONAL , POSITION AND BRIEF DESCRIPTION YOU, YAO Chinese Speaking Trade Marketing Specialist

42.

Brief Job Description: Gives inputs in the analysis of program results and gives recommendations for improvement.

ESTABLISHMENT / ADDRESS QUALIFICATION AND SALARY RANGE Basic Qualification: With at least 6 months of work experience and good in verbal and written communication.

No.

CHEN, WANGQUAN Chinese Speaking Program Designer 58.

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

CRONYX INC. 6-12, 15-19/f Royal Peak Tower A, 485 Quirino Avenue, Tambo, City Of Parañaque

FANG, GENGCHUANG Chinese Speaking Admin Associate 43.

Brief Job Description: Responsible for providing overall administrative support to the team he/ she will be assigned to.

WANG, AIJUN Chinese Speaking Admin Associate 44.

Brief Job Description: Responsible for providing overall administrative support to the team he/ she will be assigned to.

LIU, WENHUI Chinese Speaking Business Development Associate 45.

Brief Job Description: Identify and maintain new business opportunities and existing partners.

CHEN, YUZHOU Chinese Speaking Data Entry Clerk 46.

Brief Job Description: Gathering invoices, statements, reports, personal details, documents and information from employees, other departments and clients.

GAO, JIAN Chinese Speaking Data Entry Clerk 47.

Brief Job Description: Gathering invoices, statements, reports, personal details, documents and information from employees, other departments and clients.

HOANG VAN VINH Chinese Speaking Data Entry Clerk 48.

Brief Job Description: Gathering invoices, statements, reports, personal details, documents and information from employees, other departments and clients.

OON AIK NAM Chinese Speaking Data Entry Clerk 49.

Brief Job Description: Gather data and capture the information into databases.

RICHARD TAN Chinese Speaking Data Entry Clerk 50.

Brief Job Description: Gather data and capture the information into databases.

SHAO, QUANWEI Chinese Speaking Data Entry Clerk 51.

Brief Job Description: Gather data and capture the information into databases.

TEE RONG BIN Chinese Speaking Data Entry Clerk 52.

Brief Job Description: Scanning through information to identify pertinent information.

BUI NGOC BICH Chinese Speaking Graphic Designer 53.

Brief Job Description: Planning concepts by studying relevant information and materials.

NGUYEN NAM CUONG Chinese Speaking Graphic Designer 54.

Brief Job Description: Liaising with clients to determine their requirements, timescale and budget.

NGUYEN, QUANG TRUNG Chinese Speaking Graphic Designer 55.

Brief Job Description: Liaising with clients to determine their requirements, timescale and budget.

Basic Qualification: With at least 6 months of work experience and good in verbal and written communication.

59.

60.

61.

Brief Job Description: Collaborate with other IT specialists, technicians to deliver software solutions.

62.

Brief Job Description: Communicate overall design and approach to a team of programmers and create flowcharts, diagrams, other models, and programming instructions to guide programming team.

63.

Brief Job Description: Communicate overall design and approach to a team of programmers and create flowcharts, diagrams, other models, and programming instructions to guide programming team.

TANG, HAO Chinese Speaking Program Designer 64.

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Ability to concentrate for lengthy periods and good in verbal communication and written.

65.

66.

67.

68.

69.

Brief Job Description: Communicate overall design and approach to a team of programmers and create flowcharts, diagrams, other models, and programming instructions to guide programming team.

70.

Brief Job Description: Communicate overall design and approach to a team of programmers and create flowcharts, diagrams, other models, and programming instructions to guide programming team.

YAO, JINLI Chinese Speaking Program Designer 71.

Brief Job Description: Communicate overall design and approach to a team of programmers and create flowcharts, diagrams, other models, and programming instructions to guide programming team.

56.

Brief Job Description: Liaising with clients to determine their requirements, timescale and budget.

ZHUANG, YONGYONG Chinese Speaking Graphic Designer 57.

Brief Job Description: Liaising with clients to determine their requirements, timescale and budget.

Basic Qualification: With at least 6 months of work experience and good in verbal communication and written.

75.

76.

CHUA KHE LYE Chinese Speaking Business Development Associate

Basic Qualification: With at least 6 months of work experience and good in verbal communication and written.

Basic Qualification: Excellent written and verbal communication skills. With strong organization and project management skills. 80.

81.

82.

72.

Brief Job Description: Communicate overall design and approach to a team of programmers and create flowcharts, diagrams, other models, and programming instructions to guide programming team.

83.

84.

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

ZHANG, LONG Chinese Speaking Program Designer

Basic Qualification: With at least 6 months of work experience and good in verbal communication and written.

73.

Brief Job Description: Communicate overall design and approach to a team of programmers and create flowcharts, diagrams, other models, and programming instructions to guide programming team.

86.

Brief Job Description: Gathering invoices, statements, reports, personal details, documents and information from employees, other departments and clients.

NAY LIN TUN Chinese Speaking Data Entry Clerk 87.

Basic Qualification: With at least 6 months of work experience and good in verbal communication and written.

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

Brief Job Description: Gathering invoices, statements, reports, personal details, documents and information from employees, other departments and clients.

LUU VINH DAT Chinese Speaking Data Entry Clerk

Basic Qualification: With at least 6 months of work experience and good in verbal communication and written.

Brief Job Description: Assist with drafting business plans, sales pitches, presentation, reference material, and other documents as required.

LEONG WAI HONG Chinese Speaking Data Entry Clerk

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

Brief Job Description: Gathering invoices, statements, reports, personal details, documents and information from employees, other departments and clients.

RONG, WEIGUO Chinese Speaking Data Entry Clerk 88.

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

Basic Qualification: With at least 6 months of work experience and good in verbal communication and written.

Brief Job Description: Identify and maintain new business opportunities and existing partners.

XUE, YAOGANG Chinese Speaking Business Development Associate

Basic Qualification: With at least 6 months of work experience and good in verbal communication and written.

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

Brief Job Description: Identify and maintain new business opportunities and existing partners.

XU, CHUANGXING Chinese Speaking Business Development Associate

Basic Qualification: With at least 6 months of work experience and good in verbal communication and written.

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

Brief Job Description: Identify and maintain new business opportunities and existing partners.

WANG, LINLIN Chinese Speaking Business Development Associate

Basic Qualification: With at least 6 months of work experience and good in verbal communication and written.

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

Brief Job Description: Identify and maintain new business opportunities and existing partners.

SUSANA Chinese Speaking Business Development Associate

Basic Qualification: With at least 6 months of work experience and good in verbal communication and written.

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

Brief Job Description: Identify and maintain new business opportunities and existing partners.

JIANG, LUFENG Chinese Speaking Business Development Associate

Basic Qualification: With at least 6 months of work experience and good in verbal communication and written.

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

Brief Job Description: Identify and maintain new business opportunities and existing partners.

ERIC CHAY JEN SERN Chinese Speaking Business Development Associate

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

Brief Job Description: Identify and maintain new business opportunities and existing partners.

DEDYANTO Chinese Speaking Business Development Associate

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

Brief Job Description: Communicate overall design and approach to a team of programmers and create flowcharts, diagrams, other models, and programming instructions to guide programming team.

QUALIFICATION AND SALARY RANGE Basic Qualification: With at least 6 months of work experience and good in verbal communication and written. Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Excellent written and verbal communication skills. With strong organization and project management skills. Salary Range: Php 30,000 - Php 59,999 Basic Qualification: With at least 6 months of work experience and good in verbal communication and written. Salary Range: Php 30,000 - Php 59,999

DYNAMIC STUDIO TECHNOLOGY INC. 5th To 8th/f & 10th/f Platinum Tower Building, Aseana Ave. Cor. Fuentes Street, Baclaran, City Of Parañaque

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

Brief Job Description: Collaborate with other IT specialists, technicians to deliver software solutions.

ZHOU, HANG Chinese Speaking Program Designer

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Excellent written and verbal communication skills. With strong organization and project management skills.

Brief Job Description: Communicate overall design and approach to a team of programmers and create flowcharts, diagrams, other models, and programming instructions to guide programming team.

ZHONG, ZHENZHEN Chinese Speaking Program Designer

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

Salary Range: Php 30,000 - Php 59,999 YONG HO GIE Chinese Speaking Program Designer

TRAN MINH QUANG Chinese Speaking Graphic Designer

74.

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: With at least 6 months of work experience and good in verbal communication and written.

NAME OF FOREIGN NATIONAL , POSITION AND BRIEF DESCRIPTION ZHANG, QUAN Chinese Speaking Program Designer

85. YANG, ZHUANG Chinese Speaking Program Designer

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Excellent written and verbal communication skills. With strong organization and project management skills.

Brief Job Description: Communicate overall design and approach to a team of programmers and create flowcharts, diagrams, other models, and programming instructions to guide programming team. XIONG, HAO Chinese Speaking Program Designer

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: With at least 6 months of work experience and good in verbal communication and written.

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Ability to concentrate for lengthy periods and good in verbal communication and written.

Brief Job Description: Collaborate with other IT specialists, technicians to deliver software solutions.

TIAN, ZHIDE Chinese Speaking Program Designer

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Ability to concentrate for lengthy periods and good in verbal communication and written.

Basic Qualification: With at least 6 months of work experience and good in verbal communication and written.

No.

79.

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: With at least 6 months of work experience and good in verbal and written communication.

QUALIFICATION AND SALARY RANGE

78. NONG THI NUONG Chinese Speaking Program Designer

ESTABLISHMENT / ADDRESS

77. JIANG, TAO Chinese Speaking Program Designer

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: With at least 6 months of work experience and good in verbal and written communication.

Brief Job Description: Communicate overall design and approach to a team of programmers and create flowcharts, diagrams, other models, and programming instructions to guide programming team.

HUANG, ZHIBO Chinese Speaking Program Designer

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: With at least 6 months of work experience and good in verbal and written communication.

Brief Job Description: Collaborate with other IT specialists, technicians to deliver software solutions.

CHEN, ZONGZHEN Chinese Speaking Program Designer

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: With at least 6 months of work experience and good in verbal and written communication.

Brief Job Description: Collaborate with other IT specialists, technicians to deliver software solutions.

CHEN, ZHANRUI Chinese Speaking Program Designer

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: With at least 6 months of work experience and good in verbal and written communication.

NAME OF FOREIGN NATIONAL , POSITION AND BRIEF DESCRIPTION

Friday, January 5, 2024

Brief Job Description: Gathering invoices, statements, reports, personal details, documents and information from employees, other departments and clients.

WANG, CHAO Chinese Speaking Data Entry Clerk 89.

Brief Job Description: Gathering invoices, statements, reports, personal details, documents and information from employees, other departments and clients.

Basic Qualification: Have excellent verbal and written communication skills and able to organize their work using tools. Salary Range: Php 30,000 - Php 59,999 Basic Qualification: With at least 6 months of work experience and good in verbal communication and written. Salary Range: Php 30,000 - Php 59,999 Basic Qualification: With at least 6 months of work experience and good in verbal communication and written. Salary Range: Php 30,000 - Php 59,999 Basic Qualification: With at least 6 months of work experience and good in verbal communication and written. Salary Range: Php 30,000 - Php 59,999 Basic Qualification: With at least 6 months of work experience and good in verbal communication and written. Salary Range: Php 30,000 - Php 59,999 Basic Qualification: With at least 6 months of work experience and good in verbal communication and written. Salary Range: Php 30,000 - Php 59,999 Basic Qualification: With at least 6 months of work experience and good in verbal communication and written. Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Excellent written and verbal communication skills. Strong organization and project management skills. Salary Range: Php 30,000 - Php 59,999 Basic Qualification: With at least 6 months of work experience and good in verbal communication and written. Salary Range: Php 30,000 - Php 59,999 Basic Qualification: With at least 6 months of work experience and good in verbal communication and written. Salary Range: Php 30,000 - Php 59,999 Basic Qualification: With at least 6 months of work experience and good in verbal communication and written. Salary Range: Php 30,000 - Php 59,999 Basic Qualification: With at least 6 months of work experience and good in verbal communication and written. Salary Range: Php 30,000 - Php 59,999

Basic Qualification: With at least 6 months of work experience and good in verbal communication and written. Salary Range: Php 30,000 - Php 59,999

A6 A8

BusinessMirror

Friday, January 5, 2024

ESTABLISHMENT / ADDRESS No.

NAME OF FOREIGN NATIONAL , POSITION AND BRIEF DESCRIPTION ZHAO, YAQIU Chinese Speaking Data Entry Clerk

90.

Brief Job Description: Entering and updating information into relevant databases.

LAI, CHENGYANG Chinese Speaking Graphic Designer 91.

Brief Job Description: Prepare rough drafts and present ideas, and conceptualize visuals based on requirements.

LI, XIN Chinese Speaking Graphic Designer 92.

Brief Job Description: Liaising with clients to determine their requirements, timescale and budget.

WU, MEIJUN Chinese Speaking Graphic Designer 93.

Brief Job Description: Planning concepts by studying relevant information and materials.

CAO, HAOJIE Chinese Speaking HR Associate 94.

Brief Job Description: Managing HR records including, résumés, applicant logs, and employee forms.

HOANG HAI DUNG Chinese Speaking HR Associate 95.

Brief Job Description: Managing HR records including, résumés, applicant logs, and employee forms.

LI, DONGZHEN Chinese Speaking HR Associate 96.

Brief Job Description: Managing HR records including, résumés, applicant logs, and employee forms.

LING, ZHIQIANG Chinese Speaking HR Associate 97.

Brief Job Description: Managing HR records including, résumés, applicant logs, and employee forms.

LIU, WEIWEI Chinese Speaking HR Associate 98.

Brief Job Description: Managing HR records including, résumés, applicant logs, and employee forms.

LIU, WUYONG Chinese Speaking HR Associate 99.

Brief Job Description: Managing HR records including, résumés, applicant logs, and employee forms.

ESTABLISHMENT / ADDRESS QUALIFICATION AND SALARY RANGE Basic Qualification: Have excellent verbal and written communication skills and able to organize their work using tools.

No.

TRAN, THI NGOC THIET Chinese Speaking Program Designer 107.

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Proven graphic designing experience. Good in verbal and written communication.

108.

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: With at least 6 months of work experience and good in verbal communication and written.

ZHANG, LIWEI Mandarin Marketing Supervisor 109.

100.

Brief Job Description: Managing HR records including, résumés, applicant logs, and employee forms.

ZHOU, YUNYAO Chinese Speaking HR Associate 101.

Brief Job Description: Managing HR records including, résumés, applicant logs, and employee forms.

CHENG, XIXUE Chinese Speaking Program Designer 102.

103.

104.

105.

106.

Brief Job Description: Communicate overall design and approach to a team of programmers and create flowcharts, diagrams, other models, and programming instructions to guide programming team.

Brief Job Description: Develop and oversee marketing campaigns to promote products or services.

HAN, ZHIQIANG General Affairs Deputy Manager 110.

Brief Job Description: Oversee the daily operations of the office, ensuring a well-organized and efficient working environment.

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: With at least 6 months of work experience and good in verbal communication and written. Salary Range: Php 30,000 - Php 59,999 Basic Qualification: With at least 6 months of work experience and good in verbal communication and written.

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: With at least 6 months of work experience and good in verbal communication and written.

111.

112.

113.

114.

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

Basic Qualification: With at least 6 months of work experience and good in verbal communication and written. Salary Range: Php 30,000 - Php 59,999 Basic Qualification: With at least 6 months of work experience and good in verbal communication and written. Salary Range: Php 30,000 - Php 59,999

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

Basic Qualification: Proven experience as Mandarin Marketing Supervisor. Salary Range: Php 30,000 - Php 59,999

Basic Qualification: Bachelor’s degree in relevant field, or equivalent work experience. Salary Range: Php 60,000 - Php 89,999

Basic Qualification: Good in verbal communication and written. Can speak Mandarin language. Salary Range: Php 30,000 - Php 59,999

Brief Job Description: Ensures that the product supports the company’s overall strategy and goals. FAUZAN AZIMA Indonesian Financial System Manager

125.

126.

127.

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

Basic Qualification: Foreign language speaking.

Brief Job Description: Manage large amount of incoming calls.

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

Brief Job Description: Manage large amount of calls, handle customer concerns.

116.

Brief Job Description: Manage large amount of calls, handle customer concerns. NIU, CHUANG Chinese Customer Service Representative

117.

Brief Job Description: Manage large amount of calls, handle customer concerns. WANG, ZHIFENG Chinese Customer Service Representative

118.

Brief Job Description: Manage large amount of calls, handle customer concerns. ZHANG, YAOZONG Chinese Customer Service Representative

119.

Brief Job Description: Manage large amount of calls, handle customer concerns. ZHAO, ZHENGBIN Chinese Customer Service Representative

120.

Brief Job Description: Manage large amount of calls, handle customer concerns.

Brief Job Description: Maintaining hardware and software installations.

Brief Job Description: Track main industry trends in Korea through blogs, microblogs and forums. Collaborate with top management to develop compelling contents to publish through corporate and media collaboration.

Brief Job Description: Answering employee questions regarding computer system.

ZHI, NA Chinese Customer Service Representative

YANG, WANGYANG Mandarin Admin Officer 129.

121.

Brief Job Description: Manage large amount of calls, handle customer concerns. CATHERIN Indonesian Account Specialist

122.

Brief Job Description: Performs administrative and office support for activities for multiple supervisors. Extensive software skills, Internet research abilities and strong communication skills are required.

ZHANG, XIAOCHUN Mandarin Admin Officer 130.

123.

XIAO, YANQIU Human Resource Business Partner For The Philippine ICT Department

131.

Brief Job Description: To develop and implement HR policies and practices for strategic growth of a business, to consult with line management and provide human resource guidance, to analyze trends and metrics in partnership with the human resource group, to work closely with management and employees to improve work relationships, build morale, and increase productivity and retention, to provide guidance and input on business unit restructures, workforce planning and succession planning and to identifies training needs for business units and individual executive coaching needs.

Basic Qualification: Foreign language speaking.

CHEN, XUFENG Senior Account Manager For Network Construction Project - Local Communication Operator

Basic Qualification: Foreign language speaking. 132.

Basic Qualification: Foreign language speaking.

Basic Qualification: College Graduate. Computer proficiency. Fluent in Mandarin, Cantonese and Taiwanese languages. Excellent Interpersonal and communications skills. At least 1 year experience related to the job applying for.

Basic Qualification: With at least 3 year work experience specializing in HR management on providing training solutions for employees from technology services, with a thorough understanding of the organization’s hierarchy, jobs, qualifications, compensation practices, and the administrative practices related to those factors, with excellent interpersonal and customer service skills, with technical knowledge of legal requirements related to day-to-day management of employees, reducing legal risks and ensuring regulatory compliance, preferably graduated with a bachelor’s degree in management/ communication / or other related discipline. With masteral degree an advantage and highly proficient in Chinese and English languages.

Brief Job Description: Take the lead in project operations, coordinate account managers, product managers, and service managers, and coordinate HQ experts. Understand customers’ business, network and business pain points.

Basic Qualification: Holder of a Bachelor’s Degree in Business Management. With at least 3 years of relevant managerial experience in Network Construction Industry. Salary Range: Php 150,000 - Php 499,999

INFOVINE INC. 8th, 9th, 10th/f Aspire Corporate Plaza Bldg., Macapagal Blvd. St., Zone 10, Barangay 76, Pasay City 9/f Y Tower, Moa Complex, Coral Way Drive Cor. Macapagal, Barangay 76, Pasay City

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

CHEN, SZU-WEI Chinese Speaking Admin Associate 133.

Basic Qualification: Foreign language speaking.

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

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

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

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

IRWAN TADY Indonesian Account Specialist Brief Job Description: Accounting hardware and software installations.

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

Basic Qualification: Exceptional ability to provide technical support and resolve queries.

Basic Qualification: Foreign language speaking.

HUAWEI TECHNOLOGIES PHILS. INC. 53/f Pbcom Tower, 6795 Ayala Ave., Cor., V.a. Rufino St., Bel-air, City Of Makati

Basic Qualification: Foreign language speaking.

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

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

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

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

Brief Job Description: Prepares work to be processed by gathering, sorting, and recording data, information and documents.

Basic Qualification: College graduate. With good communication skills. With at least 5 years of relevant work experience in a similar position. Fluent in Korean and English languages.

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

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

Basic Qualification: Foreign language speaking.

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

GOODYIELDS SERVICES INC. Unit Ug-08 Ug/f Cityland 10 Tower 2, 154 H.v. Dela Costa Cor. Valero Sts., Bel-air, City Of Makati

Basic Qualification: Foreign language speaking.

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

Basic Qualification: Foreign language speaking.

Basic Qualification: Exceptional ability to provide technical support and resolve queries.

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

DION DILMARHUSRA IRAWAN Indonesian IT Support Specialist

Basic Qualification: Foreign language speaking.

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

SUNG, HYEONSEOK Korean IT Support Specialist 128.

QUALIFICATION AND SALARY RANGE

Brief Job Description: Ensures that the product supports the company’s overall strategy and goals.

PARK, MIYOUNG Korean Account Specialist

Basic Qualification: College graduate. Fluent in Chinese-Mandarin and English languages.

CHEN, RUIFU Chinese Customer Service Representative

LIU, JUANJUAN Chinese Customer Service Representative

Basic Qualification: With at least 6 months of work experience and good in verbal communication and written. Salary Range: Php 30,000 - Php 59,999

Brief Job Description: Coordinate with vendors, clients, consultants, and partners to het project scheduled, staffed, executed, invoiced and paid. Scheduling and follow up process with clients, including correspondence and supervision of report creation.

LI, YAOYAO Chinese Customer Service Representative

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: With at least 6 months of work experience and good in verbal communication and written.

Brief Job Description: Maintain accurate sales record.

DUAN, XIANGQI Chinese Customer Service Representative

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: With at least 6 months of work experience and good in verbal communication and written.

124.

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: With at least 6 months of work experience and good in verbal communication and written.

NAME OF FOREIGN NATIONAL , POSITION AND BRIEF DESCRIPTION ADITYA WINDIASTUTI Indonesian Financial System Manager

GIGA INFORMATION TECHNOLOGY AND SOFTWARE DEVELOPMENT INC. 2/f Lipam’s Building, 40 Presidents Avenue, B. F. Homes, City Of Parañaque

Basic Qualification: With at least 6 months of work experience and good in verbal communication and written.

WANG, YUHAN Mandarin Operations Specialist

EDDIE WONG JIUH YIH Mandarin Operations Specialist

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

No.

FRONTIER POINT MANAGEMENT SOLUTIONS INC. 29/f Techzone Bldg., Sen. Gil Puyat Ave., San Antonio, City Of Makati

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: With at least 6 months of work experience and good in verbal communication and written.

Basic Qualification: Have excellent verbal and written communication skills and be able to organize their work using tools.

FLYING FUTURE SERVICES INC. 21/f Yuchengco Tower 1 Rcbc Plaza, 6819 Ayala Ave, Bel-air, City Of Makati

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: With at least 6 months of work experience and good in verbal communication and written.

QUALIFICATION AND SALARY RANGE

FLASH EXPRESS SOFTWARE (PH) CO., LTD. INC. 11/f Cybersigma, Lawton Ave., West Mckinley, Fort Bonifacio, City Of Taguig

115. WANG, ZHIHUA Chinese Speaking HR Associate

Brief Job Description: Communicate overall design and approach to a team of programmers and create flowcharts, diagrams, other models, and programming instructions to guide programming team.

ESTABLISHMENT / ADDRESS

FH ZONE SERVICE INC. Unit A 20/f Rufino Pacific Tower, 6784 Ayala Ave. Cor. Va Rufino St., San Lorenzo, City Of Makati

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: With at least 6 months of work experience and good in verbal communication and written.

Brief Job Description: Collaborate with other IT specialists, technicians, etc., to deliver software solutions.

WU, ZHUOYI Chinese Speaking Program Designer

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: With at least 6 months of work experience and good in verbal communication and written.

NAME OF FOREIGN NATIONAL , POSITION AND BRIEF DESCRIPTION

www.businessmirror.com.ph

Brief Job Description: Responsible for providing overall administrative support to the team he/she will be assigned to.

DENG, JIAN Chinese Speaking Business Development Associate 134.

Brief Job Description: Identify and maintain new business opportunities and existing partner.

Basic Qualification: With at least 6 months of work experience. Good in verbal communication and written. Salary Range: Php 30,000 - Php 59,999

BusinessMirror

www.businessmirror.com.ph

ESTABLISHMENT / ADDRESS No.

NAME OF FOREIGN NATIONAL , POSITION AND BRIEF DESCRIPTION HO PHI LONG Chinese Speaking Business Development Associate

135.

Brief Job Description: Identify and maintain new business opportunities and existing partners.

HOANG DINH HOANG Chinese Speaking Business Development Associate 136.

137.

Brief Job Description: Identify and maintain new business opportunities and existing partners.

HOANG, THI HUYEN TRANG Chinese Speaking Business Development Associate Brief Job Description: Collating and maintaining client information.

HUYNH THI HANH NGOC Chinese Speaking Business Development Associate 138.

Brief Job Description: Assist with drafting business plans, sales pitches, presentations, reference material, and other documents as required.

LE THI AI DIEU Chinese Speaking Business Development Associate 139.

Brief Job Description: Assist with drafting business plans, sales pitches, presentations, reference material, and other documents as required.

LIENG, A SAY Chinese Speaking Business Development Associate 140.

141.

Brief Job Description: Identify and maintain new business opportunities and existing partners.

LIU, YUJUN Chinese Speaking Business Development Associate Brief Job Description: Collating and maintaining client information.

MA THI THEU Chinese Speaking Business Development Associate 142.

Brief Job Description: Identify and maintain new business opportunities and existing partners.

MAO, LAP SANH Chinese Speaking Business Development Associate 143.

Brief Job Description: Assist with drafting business plans, sales pitches, presentations, reference material, and other documents as required.

NGO TUYET KHANH Chinese Speaking Business Development Associate 144.

145.

Brief Job Description: Identify and maintain new business opportunities and existing partners.

NGUYEN NGOC TY NA Chinese Speaking Business Development Associate Brief Job Description: Collating and maintaining client information

NGUYEN THI HAI Chinese Speaking Business Development Associate 146.

Brief Job Description: Assist with drafting business plans, sales pitches, presentations, reference material, and other documents as required.

NGUYEN THI QUYNH CHI Chinese Speaking Business Development Associate 147.

Brief Job Description: Identify and maintain new business opportunities and existing partners.

ESTABLISHMENT / ADDRESS QUALIFICATION AND SALARY RANGE Basic Qualification: With at least 6 months of work experience. Good in verbal communication and written.

No.

TRUONG THI NGOC PHUONG Chinese Speaking Business Development Associate 151.

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: With at least 6 months of work experience. Good in verbal communication and written.

152.

153.

154.

148.

Brief Job Description: Collating and maintaining client information.

TRAN, THI NHI Chinese Speaking Business Development Associate 149.

Brief Job Description: Identify and maintain new business opportunities and existing partner.

TRUONG THI MUI Chinese Speaking Business Development Associate 150.

Brief Job Description: Identify and maintain new business opportunities and existing partners.

WANG, YI-DA Chinese Speaking Business Development Associate Brief Job Description: Collating and maintaining client information.

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Excellent written and verbal communication skills. Strong organizational and project management skills.

XU, JINLIAN Chinese Speaking Business Development Associate 155.

Brief Job Description: Identify and maintain new business opportunities and existing partners.

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: With at least 6 months of work experience. Good in verbal communication and written.

DINH THI THAO NGUYEN Chinese Speaking Data Entry Clerk 156.

Brief Job Description: Gathering invoices, statements, reports, personal details, documents and information from employees, other departments and clients.

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Have excellent verbal and written communication skills and able to organize their work using tools.

DOAN VIET NGA Chinese Speaking Data Entry Clerk 157.

Brief Job Description: Gathering invoices, statements, reports, personal details, documents and information from employees, other departments and clients.

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: With at least 6 months of work experience. Good in verbal communication and written.

HA NGOC PHUONG MAI Chinese Speaking Data Entry Clerk 158.

Brief Job Description: Gathering invoices, statements, reports, personal details, documents and information from employees, other departments and clients.

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Excellent written and verbal communication skills. Strong organizational and project management skills.

HO PHAT VAN Chinese Speaking Data Entry Clerk 159.

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: With at least 6 months of work experience. Good in verbal communication and written.

160.

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Have excellent verbal and written communication skills and able to organize their work using tools.

161.

162.

163.

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

Brief Job Description: Gathering invoices, statements, reports, personal details, documents and information from employees, other departments and clients.

PHAN THAI HUY Chinese Speaking Data Entry Clerk 165.

Basic Qualification: With at least 6 months of work experience. Good in verbal communication and written.

Brief Job Description: Gathering invoices, statements, reports, personal details, documents and information from employees, other departments and clients.

PHAM, THI HE Chinese Speaking Data Entry Clerk

Basic Qualification: With at least 6 months of work experience. Good in verbal communication and written.

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

Brief Job Description: Correcting errors and organizing the information in a manner that will optimize swift and accurate capturing.

PHAM CONG TUAN Chinese Speaking Data Entry Clerk

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

Brief Job Description: Gathering invoices, statements, reports, personal details, documents and information from employees, other departments and clients.

NGUYEN THI THANH HA Chinese Speaking Data Entry Clerk

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: With at least 6 months of work experience. Good in verbal communication and written.

Brief Job Description: Gathering invoices, statements, reports, personal details, documents and information from employees, other departments and clients.

LYU, XIAOHAN Chinese Speaking Data Entry Clerk

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Excellent written and verbal communication skills. Strong organizational and project management skills.

Brief Job Description: Gathering invoices, statements, reports, personal details, documents and information from employees, other departments and clients.

LIN, YU-LING Chinese Speaking Data Entry Clerk

164.

TRAN, DIEU HOA Chinese Speaking Business Development Associate

Brief Job Description: Identify and maintain new business opportunities and existing partners.

VYSOTSKAIA, DARIA Chinese Speaking Business Development Associate

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Excellent written and verbal communication skills. Strong organizational and project management skills.

Brief Job Description: Identify and maintain new business opportunities and existing partners.

VONG ANH HOA Chinese Speaking Business Development Associate

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Have excellent verbal and written communication skills and able to organize their work using tools.

NAME OF FOREIGN NATIONAL , POSITION AND BRIEF DESCRIPTION

Brief Job Description: Gathering invoices, statements, reports, personal details, documents and information from employees, other departments and clients.

PHAN THI LAN ANH Chinese Speaking Data Entry Clerk 166.

Brief Job Description: Correcting errors and organizing the information in a manner that will optimize swift and accurate capturing.

ZHU, JIALIN Chinese Speaking Data Entry Clerk 167.

Brief Job Description: Gathering invoices, statements, reports, personal details, documents and information from employees, other departments and clients.

Friday, January 5, 2024

ESTABLISHMENT / ADDRESS QUALIFICATION AND SALARY RANGE Basic Qualification: With at least 6 months of work experience. Good in verbal communication and written.

No.

BELIAEVA, ANNA Chinese Speaking Graphic Designer 168.

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: With at least 6 months of work experience. Good in verbal communication and written.

169.

170.

171.

172.

173.

174.

175.

176.

177.

178.

179.

180.

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: With at least 6 months of work experience. Good in verbal communication and written.

181.

182.

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

Brief Job Description: Perform retouching and manipulation of images.

Brief Job Description: Liaising with clients to determine their requirements, timescale, and budget.

Brief Job Description: Liaising with clients to determine their requirements, timescale and budget.

PHAM THI HAU Chinese Speaking Graphic Designer 183.

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: With at least 6 months of work experience. Good in verbal communication and written.

NGUYEN THI MY DUYEN Chinese Speaking Graphic Designer

PHAM DINH HONG Chinese Speaking Graphic Designer

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: With at least 6 months of work experience. Good in verbal communication and written.

Brief Job Description: Liaising with clients to determine their requirements, timescale, and budget.

OUYANG, WEICHENG Chinese Speaking Graphic Designer

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: With at least 6 months of work experience. Good in verbal communication and written.

Brief Job Description: Liaising with clients to determine their requirements, timescale and budget.

NGO, VAN GIA CHINH Chinese Speaking Graphic Designer

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: With at least 6 months of work experience. Good in verbal communication and written.

Brief Job Description: Liaising with clients to determine their requirements, timescale and budget.

LUONG THANH TRA Chinese Speaking Graphic Designer

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: With at least 6 months of work experience. Good in verbal communication and written.

Brief Job Description: Liaising with clients to determine their requirements, timescale and budget.

LIU, YI-HUA a.k.a. EVA LIU Chinese Speaking Graphic Designer

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: With at least 6 months of work experience. Good in verbal communication and written.

Brief Job Description: Liaising with clients to determine their requirements, timescale and budget.

LE THI ANH THU Chinese Speaking Graphic Designer

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: With at least 6 months of work experience. Good in verbal communication and written.

Brief Job Description: Liaising with clients to determine their requirements, timescale and budget.

LE PHUC LANH Chinese Speaking Graphic Designer

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: With at least 6 months of work experience. Good in verbal communication and written.

Brief Job Description: Liaising with clients to determine their requirements, timescale and budget.

HUYNH THI NGOC TRANG Chinese Speaking Graphic Designer

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: With at least 6 months of work experience. Good in verbal communication and written.

Brief Job Description: Liaising with clients to determine their requirements, timescale and budget.

GONG, LIWEN Chinese Speaking Graphic Designer

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: With at least 6 months of work experience. Good in verbal communication and written.

Brief Job Description: Liaising with clients to determine their requirements, timescale, and budget.

CHONG LOO MING Chinese Speaking Graphic Designer

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: With at least 6 months of work experience. Good in verbal communication and written.

Brief Job Description: Liaising with clients to determine their requirements, timescale and budget.

CHIN CHUNG SHIN Chinese Speaking Graphic Designer

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: With at least 6 months of work experience. Good in verbal communication and written.

Brief Job Description: Liaising with clients to determine their requirements, timescale and budget.

CHEN, YU-HSUAN Chinese Speaking Graphic Designer

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: With at least 6 months of work experience. Good in verbal communication and written.

Brief Job Description: Liaising with clients to determine their requirements, timescale, and budget.

CAP THI THUY Chinese Speaking Graphic Designer

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: With at least 6 months of work experience. Good in verbal communication and written.

NAME OF FOREIGN NATIONAL , POSITION AND BRIEF DESCRIPTION

Brief Job Description: Liaising with clients to determine their requirements, timescale and budget.

SI XING DI Chinese Speaking Graphic Designer 184.

Brief Job Description: Liaising with clients to determine their requirements, timescale and budget.

QUALIFICATION AND SALARY RANGE Basic Qualification: Have excellent verbal and written communication skills and able to organize their work using tools. Salary Range: Php 30,000 - Php 59,999 Basic Qualification: With at least 6 months of work experience. Good in verbal communication and written. Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Have excellent verbal and written communication skills and able to organize their work using tools. Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Have excellent verbal and written communication skills and able to organize their work using tools. Salary Range: Php 30,000 - Php 59,999 Basic Qualification: With at least 6 months of work experience. Good in verbal communication and written. Salary Range: Php 30,000 - Php 59,999 Basic Qualification: With at least 6 months of work experience. Good in verbal communication and written. Salary Range: Php 30,000 - Php 59,999 Basic Qualification: With at least 6 months of work experience. Good in verbal communication and written. Salary Range: Php 30,000 - Php 59,999 Basic Qualification: With at least 6 months of work experience. Good in verbal communication and written. Salary Range: Php 30,000 - Php 59,999 Basic Qualification: With at least 6 months of work experience. Good in verbal communication and written. Salary Range: Php 30,000 - Php 59,999 Basic Qualification: With at least 6 months of work experience. Good in verbal communication and written. Salary Range: Php 30,000 - Php 59,999 Basic Qualification: With at least 6 months of work experience. Good in verbal communication and written. Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Have excellent verbal and written communication skills and able to organize their work using tools. Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Have excellent verbal and written communication skills and able to organize their work using tools. Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Have excellent verbal and written communication skills and able to organize their work using tools. Salary Range: Php 30,000 - Php 59,999 Basic Qualification: With at least 6 months of work experience. Good in verbal communication and written. Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Have excellent verbal and written communication skills and able to organize their work using tools. Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Have excellent verbal and written communication skills and able to organize their work using tools. Salary Range: Php 30,000 - Php 59,999

BusinessMirror

A10 A6 Friday, January 5, 2024

ESTABLISHMENT / ADDRESS No.

NAME OF FOREIGN NATIONAL , POSITION AND BRIEF DESCRIPTION TRINH, SY VO Chinese Speaking Graphic Designer

185.

Brief Job Description: Liaising with clients to determine their requirements, timescale and budget.

VONG THIN CAM Chinese Speaking Graphic Designer 186.

Brief Job Description: Liaising with clients to determine their requirements, timescale and budget.

ZENG, XIANXIAN Chinese Speaking Graphic Designer 187.

Brief Job Description: Liaising with clients to determine their requirements, timescale and budget.

ABDRAYEVA, KARLYGASH Chinese Speaking Program Designer 188.

Brief Job Description: Collaborate with other IT specialists, technicians, etc., to deliver software solutions.

CHEN, SONG Chinese Speaking Program Designer 189.

Brief Job Description: Collaborate with other IT specialist, technicians, etc., to deliver software solutions.

CHENG, WEN-I Chinese Speaking Program Designer 190.

Brief Job Description: Collaborate with other IT specialists, technicians, etc., to deliver software solutions.

CHONG LEE HUEY Chinese Speaking Program Designer 191.

Brief Job Description: Collaborate with other IT specialists, technicians, etc., to deliver software solutions.

DO THI NGOC ANH Chinese Speaking Program Designer 192.

Brief Job Description: Collaborate with other IT specialists, technicians, etc., to deliver software solutions.

ENG YU KENG Chinese Speaking Program Designer 193.

Brief Job Description: Collaborate with other IT specialists, technicians, etc., to deliver software solutions.

HO CONG DENH Chinese Speaking Program Designer 194.

Brief Job Description: Communicate overall design and approach to a team of programmers and create flowcharts, diagrams, other models, and programming instructions to guide programming team.

HOANG THI TINH Chinese Speaking Program Designer 195.

Brief Job Description: Collaborate with other IT specialists, technicians, etc., to deliver software solutions.

HUYNH NGOC THUY NHI Chinese Speaking Program Designer 196.

Brief Job Description: Collaborate with other IT specialist, technicians, etc., to deliver software solutions.

KOID CHIN JUE Chinese Speaking Program Designer 197.

Brief Job Description: Collaborate with other IT specialists, technicians, etc., to deliver software solutions.

LEONG AIK WEE Chinese Speaking Program Designer 198.

Brief Job Description: Collaborate with other IT specialists, technicians, etc., to deliver software solutions.

MAH CHIN SIANG Chinese Speaking Program Designer 199.

200.

201.

Brief Job Description: Communicate overall design and approach to a team of programmers and create flowcharts, diagrams, other models, and programming instructions to guide programming team.

ESTABLISHMENT / ADDRESS QUALIFICATION AND SALARY RANGE Basic Qualification: Have excellent verbal and written communication skills and able to organize their work using tools.

No.

NGUYEN THI THUY LINH Chinese Speaking Program Designer 202.

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Have excellent verbal and written communication skills and able to organize their work using tools.

203.

204.

205.

206.

207.

ERYKA Indonesian Customer Support Specialist 208.

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Have excellent verbal and written communication skills and able to organize their work using tools.

209.

210.

211.

212.

213.

Brief Job Description: Supports customers by providing helpful information, answering questions, and responding to complaints.

XIA, ZICHENG Mandarin Customer Support Representative 214.

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Have excellent verbal and written communication skills and able to organize their work using tools.

Brief Job Description: Experts at their product, and their primary duty is to resolve customer issues quickly and efficiently.

KONG, FANDI Mandarin Customer Support Representative

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Have excellent verbal and written communication skills and able to organize their work using tools.

Brief Job Description: Supports customers by providing helpful information, answering questions, and responding to complaints.

NG CHING SENG Malaysian Customer Support Specialist

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Have excellent verbal and written communication skills and able to organize their work using tools.

Brief Job Description: Experts at their product, and their primary duty is to resolve customer issues quickly and efficiently.

KIM, DOHYEON Korean Customer Support Representative

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Ability to concentrate for lengthy periods. Good in verbal and written communication.

Brief Job Description: Experts at their product, and their primary duty is to resolve customer issues quickly and efficiently.

STIVEN Indonesian Customer Support Specialist

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Have excellent verbal and written communication skills and able to organize their work using tools.

Brief Job Description: Experts at their product, and their primary duty is to resolve customer issues quickly and efficiently.

HERRYONO Indonesian Customer Support Specialist

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Have excellent verbal and written communication skills and able to organize their work using tools.

Brief Job Description: Collaborate with other IT specialists, technicians, etc., to deliver software solutions.

Brief Job Description: Supports customers by providing helpful information, answering questions, and responding to complaints.

NGU NGOC LIEN Vietnamese Customer Support Representative 215.

Brief Job Description: Supports customers by providing helpful information, answering questions, and responding to complaints.

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Have excellent verbal and written communication skills and able to organize their work using tools.

DOAN DUC HANH Vietnamese Customer Support Specialist 216.

Brief Job Description: Experts at their product, and their primary duty is to resolve customer issues quickly and efficiently.

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Have excellent verbal and written communication skills and able to organize their work using tools. Salary Range: Php 30,000 - Php 59,999

ESTABLISHMENT / ADDRESS QUALIFICATION AND SALARY RANGE Basic Qualification: Ability to concentrate for lengthy periods. Good in verbal communication and written. Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Have excellent oral and written communication skills and be able to organize their work using tools. Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Have excellent verbal and written communication skills and able to organize their work using tools.

No.

ITO, MANA Japanese Customer Service Representative 218.

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

219.

220.

NGUYEN TRUNG THANG Vietnamese Customer Support Specialist 217.

Brief Job Description: Experts at their product, and their primary duty is to resolve customer issues quickly and efficiently.

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

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

Brief Job Description: Provides customer service support to the organization by obtaining, analyzing and verifying the accuracy of order information in a timely manner.

Basic Qualification: College graduate. Fluent in Chinese-Mandarin, Chinese-Cantonese and Taiwanese languages. With at least 1 year of minimum work-related experience. Computer literate. Salary Range: Php 30,000 - Php 59,999

MACRO EXCEL CONSULTANCY INC. Unit 606 6/f Vicente Madrigal Bdg., 6793 Ayala Ave., Bel-air, City Of Makati

LU, XINGLUN Chinese Speaking Marketing Consultant 221.

Brief Job Description: Assists in managing paid advertisements campaign across multiple channels.

Basic Qualification: Knowledgeable in researching current trends and conduct market research to inform campaigns. Knowledgeable in increasing the company’s sales through online marketing website. Salary Range: Php 30,000 - Php 59,999

HAN, TAO Chinese Speaking Solutions Consultant 222.

Basic Qualification: Able to speak and write in Indonesian language and at least college level with related BPO experience.

Brief Job Description: Help sales team with discovery phase of the sales process. Act as the sales expert in complex needs assessment and become an extension of the sales team calling regularly on top clients and prospects.

ZENG, LE Chinese Speaking Solutions Consultant

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to speak and write in Indonesian language and at least college level with related BPO experience.

Brief Job Description: This position requires the exercise of discretion in the application of the principles, practices and techniques related to planning and analysis, design, development and implementation, maintenance, support and management of information technology functions.

CHAICHANA, POLLAWAT Mandarin Coordinator

Basic Qualification: Able to speak and write in Indonesian language and at least college level with related BPO experience. Salary Range: Php 30,000 - Php 59,999

Basic Qualification: Knowledgeable on construction business, computer literate and knowledgeable in cross cultural communication.

LEGENDARY GENERATION SERVICE SOLUTIONS INC. Unit Ug-03 Cityland 10 Tower 2, 154 H.v. Dela Costa St.,, Bel-air, City Of Makati

Basic Qualification: Have excellent verbal and written communication skills and able to organize their work using tools. Salary Range: Php 30,000 - Php 59,999

Brief Job Description: Accurately manage and resolve customer issues, answer customer support tickets and calls in.

CHEN, XIN Chinese IT Specialist

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Ability to concentrate for lengthy periods. Good in verbal communication and written.

QUALIFICATION AND SALARY RANGE

LAN TIAN ZI XUN INC. Natividad Almeda Lopez St Unit 205 2/f Zen Tower, 1111, First District, 1000, Barangay 659, Ermita, City Of Manila

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Have excellent verbal and written communication skills and able to organize their work using tools.

NAME OF FOREIGN NATIONAL , POSITION AND BRIEF DESCRIPTION

JMATERIALS CORPORATION U-400 Vgp Center, 6772 Ayala Ave., San Lorenzo, City Of Makati

INVECH TREASURE PROCESSING CORPORATION 2nd, 3rd, 4th & 5th Floor Building E, Six West Campus, Le Grand Avenue, Mckinley Hill, Fort Bonifacio, City Of Taguig

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Have excellent verbal and written communication skills and able to organize their work using tools.

Brief Job Description: Collaborate with other IT specialists, technicians, etc., to deliver software solutions.

YANG, YI Chinese Speaking Program Designer

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Have excellent verbal and written communication skills and able to organize their work using tools.

Brief Job Description: Collaborate with other IT specialists, technicians, etc., to deliver software solutions.

TSAI, TZU-HSUAN Chinese Speaking Program Designer

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Ability to concentrate for lengthy periods. Good in verbal and written communication.

Brief Job Description: Collaborate with other IT specialists, technicians, etc., to deliver software solutions.

TRINH KIM BINH Chinese Speaking Program Designer

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Ability to concentrate for lengthy periods. Good in verbal and written communication.

Brief Job Description: Collaborate with other IT specialist, technicians, etc., to deliver software solutions.

RAZDOLSKAYA, ALYONA Chinese Speaking Program Designer

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Have excellent verbal and written communication skills and able to organize their work using tools.

Brief Job Description: Collaborate with other IT specialists, technicians, etc., to deliver software solutions.

PHAM THI PHUONG NHUNG Chinese Speaking Program Designer

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Have excellent verbal and written communication skills and able to organize their work using tools.

NAME OF FOREIGN NATIONAL , POSITION AND BRIEF DESCRIPTION

www.businessmirror.com.ph

223.

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

Brief Job Description: Act as the sales expert in complex needs assessment and becomes an extension of the sales team calling regularly on top client and prospects.

DONG, JINBANG Chinese Speaking Technical Consultant

Basic Qualification: Management graduate. With at least 6 months of customer service experience. With good verbal and written communication skills. Salary Range: Php 30,000 - Php 59,999

Basic Qualification: Able to speak and write in Korean language and at least college level with related BPO experience.

224.

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

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

Basic Qualification: Able to speak and write in Malay language and at least college level with related BPO experience. Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to speak and write in Mandarin language and at least college level with related BPO experience. Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to speak and write in Mandarin language and at least college level with related BPO experience.

HURTADO SEGOVIA, EDWIN DANIEL Process Expert - Spanish Speaker

225.

KUMAR, GAURAV Head Of Credit & Portfolio Management 226.

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

Brief Job Description: Actively collaborates with parent company Maya Philippines to build a robust Portfolio management framework while helping build the credit & fraud risk management infrastructure for the Digital Bank.

OMOTO, KIYOSHI Consultant For Operations 227.

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

Basic Qualification: Able to speak and write in Vietnamese language and at least college level with related BPO experience.

Basic Qualification: College graduate. With at least 2 years of minimum work experience in the shipping or BPO industry. Salary Range: Php 60,000 - Php 89,999

Basic Qualification: Management graduate. With at least 10 years of relevant work experience in Consumer and MSME/ SME Credit industry. Salary Range: Php 150,000 - Php 499,999

MG EXEO NETWORK, INC. Elizabeth Ave., Sta. Ana Drive, Sun Valley, City Of Parañaque

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

Basic Qualification: Able to speak and write in Vietnamese language and at least college level with related BPO experience.

Brief Job Description: Respond to all inquiries in a timely and accurate manner and escalate difficulties as defined in SOPs/IOPs. Maintain an effective and proactive communication by regularly participating in conference calls with the clients to enable seamless process flow.

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

MAYA BANK, INC. 6/f Launchpad, Reliance Cor. Sheridan, Highway Hills, City Of Mandaluyong

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Able to speak and write in Vietnamese language and at least college level with related BPO experience.

Brief Job Description: Improving system efficiency by consulting with endusers and providing innovative solutions.

Brief Job Description: Responsible for corporate strategic planning consultative, and functional strategies.

MAEDA, NOBUHARU Outsourcing Business Consultant 228.

Brief Job Description: Japanese system operational coaching, knowledge & technical expertise in telecom const. services & is a Japan native bilingual.

Basic Qualification: Japanese Bilingual/Multilingual with high value on Japanese technical & safety quality standards. Salary Range: Php 150,000 - Php 499,999

Basic Qualification: Fluent in Nihongo. Salary Range: Php 150,000 - Php 499,999

MIGHTY-MERCHANT BUSINESS TRADING INCORPORATED Unit 2505- E The Finance Centre, 26th St., Bonifacio Global City, Fort Bonifacio, City Of Taguig

BusinessMirror

www.businessmirror.com.ph

ESTABLISHMENT / ADDRESS No.

NAME OF FOREIGN NATIONAL , POSITION AND BRIEF DESCRIPTION

LI, YUJIAO Chinese Speaking Sales Marketing Specialist 229.

Brief Job Description: Establishing goals and objectives in order to reach our customers through appropriate marketing channels (digital and traditional).

ESTABLISHMENT / ADDRESS QUALIFICATION AND SALARY RANGE Basic Qualification: Knowledgeable in building and maintaining relationships with new and existing customers through prospecting and networking, creating marketing materials for our website and other marketing platforms and supporting the marketing team with marketing activities by demonstrating expertise in various areas, including optimization, advertising, social media, direct marketing, and event planning.

No.

SAPUTRA ARZYA DEWANGGA Indonesian Customer Service Representative 244.

FENTY SALIM Indonesian Customer Service Representative 230.

Brief Job Description: Provide product/services, information, answer questions and resolve emerging problem.

245.

GILANG NOVANDRA Indonesian Customer Service Representative 231.

Brief Job Description: Provide product/services, information, answer questions and resolve emerging problem.

JEFRI GUNAWAN Indonesian Customer Service Representative 232.

Brief Job Description: Provide product/services, information, answer questions and resolve emerging problem.

MUHAMMAD ANDYKA PRATAMA Indonesian Customer Service Representative 233.

Brief Job Description: Provide product/services, and information, answer questions, and resolve emerging problem.

PANJI ADIYASA Indonesian Customer Service Representative 234.

Brief Job Description: Ensure that basic CS functions are performed. Identifying and assessing customers’ needs to achieve satisfaction.

PAULL HUASA SIMBOLON Indonesian Customer Service Representative 235.

Brief Job Description: Provide product/services, information, answer questions and resolve emerging problem.

RAYMOND HOGAN Indonesian Customer Service Representative 236.

Brief Job Description: Provide product/services, information, answer questions and resolve emerging problem.

REEYNARA ALFALAH Indonesian Customer Service Representative 237.

Brief Job Description: Provide product/services, and information, answer questions, and resolve emerging problem.

RICHARD CHRISTAN Indonesian Customer Service Representative 238.

Brief Job Description: Provide product/services, and information, answer questions, and resolve emerging problem.

RIFKY ERSYAFIR PRADIONO Indonesian Customer Service Representative 239.

Brief Job Description: Provide product/services, and information, answer questions, and resolve emerging problem.

RIZKY ADHA Indonesian Customer Service Representative 240.

Brief Job Description: Provide product/services, and information, answer questions, and resolve emerging problem.

RIZKY WIRAHAN Indonesian Customer Service Representative 241.

Brief Job Description: Provide product/services, information, answer questions and resolve emerging problem.

RUDY JULIANTO Indonesian Customer Service Representative 242.

Brief Job Description: Provide product/services, information, answer questions and resolve emerging problem.

RYAN KEVIN SAMUEL SITOMPUL Indonesian Customer Service Representative 243.

Brief Job Description: Provide product/services, information, answer questions and resolve emerging problem.

Basic Qualification: Graduate of 4 years’ Bachelor’s Degree with critical thinking and problem-solving skills. 247.

248.

Basic Qualification: Graduate of 4 years’ Bachelor’s Degree with critical thinking and problem-solving skills. Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Graduate of 4 years’ Bachelor’s Degree with critical thinking and problem-solving skills.

Brief Job Description: Provide product/services, and information, answer questions, and resolve emerging problem.

SURYA Indonesian Customer Service Representative 249.

Basic Qualification: Graduate of 4 years’ Bachelor’s Degree with critical thinking and problem-solving skills. Salary Range: Php 30,000 - Php 59,999

Brief Job Description: Provide product/services, and information, answer questions, and resolve emerging problem.

SUHERMAN Indonesian Customer Service Representative

Basic Qualification: Graduate of 4 years’ Bachelor’s Degree with critical thinking and problem-solving skills. Salary Range: Php 30,000 - Php 59,999

Brief Job Description: Provide product/services, and information, answer questions, and resolve emerging problem.

STEVEN BEE Indonesian Customer Service Representative

Basic Qualification: Graduate of 4 years’ Bachelor’s Degree with critical thinking and problem-solving skills. Salary Range: Php 30,000 - Php 59,999

Brief Job Description: Provide product/services, information, answer questions and resolve emerging problem.

STEPPHIN TANUJAYA Indonesian Customer Service Representative 246.

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

Brief Job Description: Provide product/services, and information, answer questions, and resolve emerging problem.

SRI SUSANTI Indonesian Customer Service Representative

Salary Range: Php 30,000 - Php 59,999 MPOTECH DIGITAL SYSTEM INC. 2/f 331 Bldg., Sen. Gil Puyat Ave., Bel-air, City Of Makati

NAME OF FOREIGN NATIONAL , POSITION AND BRIEF DESCRIPTION

Brief Job Description: Provide product/services, and information, answer questions, and resolve emerging problem.

THEO IRFAN SUSANTO Indonesian Customer Service Representative 250.

Brief Job Description: Provide product/services, information, answer questions and resolve emerging problem.

251.

Brief Job Description: Responsible for many clerical tasks to ensure the staff can communicate.

PENG, CHICHENG Chinese Speaking Admin Associate 252.

Brief Job Description: Responsible for providing overall administrative support to the team.

CHEN, HENG Chinese Speaking Business Development Associate 253.

254.

255.

256.

257.

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

Brief Job Description: Identify and maintain new business opportunities and existing partners.

HO NGOC BINH Chinese Speaking Business Development Associate 258.

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

Basic Qualification: Graduate of 4 years’ Bachelor’s Degree with critical thinking and problem-solving skills.

Brief Job Description: Identify and maintain new business opportunities and existing partners.

HENDRY Chinese Speaking Business Development Associate

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Graduate of 4 years’ Bachelor’s Degree with critical thinking and problem-solving skills.

Brief Job Description: Gathering invoices, statements, reports, personal details, documents and information from employees, other departments and clients.

FENG, TAO Chinese Speaking Business Development Associate

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Graduate of 4 years’ Bachelor’s Degree with critical thinking and problem-solving skills.

Brief Job Description: Identify and maintain new business opportunities and existing partners.

CHEN, YANG Chinese Speaking Business Development Associate

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Graduate of 4 years’ Bachelor’s Degree with critical thinking and problem-solving skills.

Brief Job Description: Assist with drafting business plans, sales, pitches, presentations, reference material and other documents as required.

CHEN, JIANLONG Chinese Speaking Business Development Associate

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Graduate of 4 years’ Bachelor’s Degree with critical thinking and problem-solving skills.

260.

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Graduate of 4 years’ Bachelor’s Degree with critical thinking and problem-solving skills.

261.

262.

263.

264.

265.

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Graduate of 4 years’ Bachelor’s Degree with critical thinking and problem-solving skills.

266.

Basic Qualification: With at least 6 months of work experience. Good in verbal communication and written.

Brief Job Description: Identify and maintain new business opportunities and existing partners.

HOANG VAN LOI Chinese Speaking Business Development Associate 259.

Brief Job Description: Gathering invoices, statements, reports, personal details, documents and information from employees, other departments and clients.

Basic Qualification: Excellent written and verbal communication skills. With strong organization and project management skills. 270.

271.

272.

Brief Job Description: Identify and maintain new business opportunities and existing partners.

TRAN THI CHAM Chinese Speaking Business Development Associate 273.

Basic Qualification: With at least 6 months of work experience. Good in verbal communication and written.

Brief Job Description: Identify and maintain new business opportunities and existing partners.

TRAN THI MINH TRANG Chinese Speaking Business Development Associate 274.

Basic Qualification: With at least 6 months of work experience. Good in verbal communication and written.

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

Brief Job Description: Identify and maintain new business opportunities and existing partners.

NGUYEN MANH TRUONG Chinese Speaking Business Development Associate

Basic Qualification: With at least 6 months of work experience. Good in verbal communication and written.

Brief Job Description: Identify and maintain new business opportunities and existing partners.

LU, TINGTING Chinese Speaking Business Development Associate

Basic Qualification: With at least 6 months of work experience. Good in verbal communication and written.

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

Brief Job Description: Identify and maintain new business opportunities and existing partners.

LIANG, HAIYUAN Chinese Speaking Business Development Associate

Basic Qualification: With at least 6 months of work experience. Good in verbal communication and written.

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

Brief Job Description: Identify and maintain new business opportunities and existing partners.

LI, XIAOFEI Chinese Speaking Business Development Associate

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

Brief Job Description: Collating and maintaining client information.

LI, BIN Chinese Speaking Business Development Associate

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

JIA, YU Chinese Speaking Business Development Associate

LEE KAH HING Chinese Speaking Business Development Associate

Basic Qualification: Have excellent verbal and written communication skills and able to organize their work using tools.

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

Brief Job Description: Identify and maintain new business opportunities and existing partners.

JIN, MENGYAO Chinese Speaking Business Development Associate

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

Brief Job Description: Identify and maintain new business opportunities and existing partners.

HUANG, SHANGJUN Chinese Speaking Business Development Associate

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Graduate of 4 years’ Bachelor’s Degree with critical thinking and problem-solving skills.

Brief Job Description: Identify and maintain new business opportunities and existing partners.

HU, MAQUN Chinese Speaking Business Development Associate

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Graduate of 4 years’ Bachelor’s Degree with critical thinking and problem-solving skills.

Brief Job Description: Identify and maintain new business opportunities and existing partners.

HTAY AUNG Chinese Speaking Business Development Associate

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Graduate of 4 years’ Bachelor’s Degree with critical thinking and problem-solving skills.

Brief Job Description: Identify and maintain new business opportunities and existing partners.

HOANG, THI THOA Chinese Speaking Business Development Associate

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Graduate of 4 years’ Bachelor’s Degree with critical thinking and problem-solving skills.

NAME OF FOREIGN NATIONAL , POSITION AND BRIEF DESCRIPTION HOANG, THI OANH Chinese Speaking Business Development Associate

269.

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Graduate of 4 years’ Bachelor’s Degree with critical thinking and problem-solving skills.

Basic Qualification: Graduate of 4 years’ Bachelor’s Degree with critical thinking and problem-solving skills.

No.

268.

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Graduate of 4 years’ Bachelor’s Degree with critical thinking and problem-solving skills.

QUALIFICATION AND SALARY RANGE

267. HOANG, PHU HAO Chinese Speaking Admin Associate

A11

ESTABLISHMENT / ADDRESS

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

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Graduate of 4 years’ Bachelor’s Degree with critical thinking and problem-solving skills.

Friday, January 5, 2024

Brief Job Description: Identify and maintain new business opportunities and existing partners.

TRIEU KIEU ANH Chinese Speaking Business Development Associate 275.

Brief Job Description: Identify and maintain new business opportunities and existing partners.

VONG TRAN TRI Chinese Speaking Business Development Associate 276.

Brief Job Description: Identify and maintain new business opportunities and existing partners.

QUALIFICATION AND SALARY RANGE Basic Qualification: With at least 6 months of work experience. Good in verbal communication and written. Salary Range: Php 30,000 - Php 59,999 Basic Qualification: With at least 6 months of work experience. Good in verbal communication and written. Salary Range: Php 30,000 - Php 59,999 Basic Qualification: With at least 6 months of work experience. Good in verbal communication and written. Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Have excellent verbal and written communication skills and able to organize their work using tools. Salary Range: Php 30,000 - Php 59,999 Basic Qualification: With at least 6 months of work experience. Good in verbal communication and written. Salary Range: Php 30,000 - Php 59,999 Basic Qualification: With at least 6 months of work experience. Good in verbal communication and written. Salary Range: Php 30,000 - Php 59,999 Basic Qualification: With at least 6 months of work experience. Good in verbal communication and written. Salary Range: Php 30,000 - Php 59,999 Basic Qualification: With at least 6 months of work experience. Good in verbal communication and written. Salary Range: Php 30,000 - Php 59,999 Basic Qualification: With at least 6 months of work experience. Good in verbal communication and written. Salary Range: Php 30,000 - Php 59,999 Basic Qualification: With at least 6 months of work experience. Good in verbal communication and written. Salary Range: Php 30,000 - Php 59,999 Basic Qualification: With at least 6 months of work experience. Good in verbal communication and written. Salary Range: Php 30,000 - Php 59,999 Basic Qualification: With at least 6 months of work experience. Good in verbal communication and written. Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Have excellent verbal and written communication skills and able to organize their work using tools. Salary Range: Php 30,000 - Php 59,999 Basic Qualification: With at least 6 months of work experience. Good in verbal communication and written. Salary Range: Php 30,000 - Php 59,999 Basic Qualification: With at least 6 months of work experience. Good in verbal communication and written. Salary Range: Php 30,000 - Php 59,999 Basic Qualification: With at least 6 months of work experience. Good in verbal communication and written. Salary Range: Php 30,000 - Php 59,999 Basic Qualification: With at least 6 months of work experience. Good in verbal communication and written. Salary Range: Php 30,000 - Php 59,999

BusinessMirror

A12 A6 Friday, January 5, 2024

ESTABLISHMENT / ADDRESS No.

NAME OF FOREIGN NATIONAL , POSITION AND BRIEF DESCRIPTION WU, XIN Chinese Speaking Business Development Associate

277.

Brief Job Description: Identify and maintain new business opportunities and existing partners.

XUE, KAI Chinese Speaking Business Development Associate 278.

Brief Job Description: Identify and maintain new business opportunities and existing partners.

YAN NAING Chinese Speaking Business Development Associate 279.

Brief Job Description: Identify and maintain new business opportunities and existing partners.

YAO, XIUYING Chinese Speaking Business Development Associate 280.

Brief Job Description: Identify and maintain new business opportunities and existing partners.

YIN, JINGJING Chinese Speaking Business Development Associate 281.

Brief Job Description: Identify and maintain new business opportunities and existing partners.

ZHAO, MINGMING Chinese Speaking Business Development Associate 282.

Brief Job Description: Identify and maintain new business opportunities and existing partners.

ZHONG, MINGLI Chinese Speaking Business Development Associate 283.

Brief Job Description: Identify and maintain new business opportunities and existing partners.

ZHOU, YUYING Chinese Speaking Business Development Associate 284.

Brief Job Description: Identify and maintain new business opportunities and existing partners.

ZUO, BINGZHE Chinese Speaking Business Development Associate 285.

Brief Job Description: Identify and maintain new business opportunities and existing partners.

ALEX NG WEI MENG Chinese Speaking Data Entry Clerk 286.

Brief Job Description: Gathering invoices, statements, reports, personal details, documents and information from employees, other departments and clients.

DENG, WEN Chinese Speaking Data Entry Clerk 287.

Brief Job Description: Gather data and capture the information into databases.

HOANG THI VUONG Chinese Speaking Data Entry Clerk 288.

Brief Job Description: Scanning through information to identify pertinent information.

JIN, TIANYU Chinese Speaking Data Entry Clerk 289.

Brief Job Description: Gathering invoices, statements, reports, personal details, documents and information from employees, other departments and clients.

LI, YUANJIE Chinese Speaking Data Entry Clerk 290.

Brief Job Description: Gathering invoices, statements, reports, personal details, documents and information from employees, other departments and clients.

LIU, BO Chinese Speaking Data Entry Clerk 291.

Brief Job Description: Gathering invoices, statements, reports, personal details, documents and information from employees, other departments and clients.

LIU, CHUAN Chinese Speaking Data Entry Clerk 292.

Brief Job Description: Gathering invoices, statements, reports, personal details, documents and information from employees, other departments and clients.

ESTABLISHMENT / ADDRESS QUALIFICATION AND SALARY RANGE Basic Qualification: With at least 6 months of work experience. Good in verbal communication and written.

No.

LIU, HUI Chinese Speaking Data Entry Clerk 293.

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: With at least 6 months of work experience. Good in verbal communication and written.

294.

295.

296.

297.

298.

299.

300.

301.

302.

303.

304.

305.

306.

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

Brief Job Description: Gathering invoices, statements, reports, personal details, documents and information from employees, other departments and clients.

VAN THI NHA Chinese Speaking Data Entry Clerk 307.

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

Basic Qualification: With at least 6 months of work experience. Good in verbal communication and written.

Brief Job Description: Gathering invoices, statements, reports, personal details, documents and information from employees, other departments and clients.

TRUONG VAN THINH Chinese Speaking Data Entry Clerk

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

Basic Qualification: With at least 6 months of work experience. Good in verbal communication and written.

Brief Job Description: Scanning through information to identify pertinent information.

TRENH NGOC LIEN Chinese Speaking Data Entry Clerk

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

Basic Qualification: With at least 6 months of work experience. Good in verbal communication and written.

Brief Job Description: Entering and updating information into relevant databases.

TRAN VAN QUYEN Chinese Speaking Data Entry Clerk

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

Basic Qualification: With at least 6 months of work experience. Good in verbal communication and written.

Brief Job Description: Gathering invoices, statements, reports, personal details, documents and information from employees, other departments and clients.

TRAN ANH KHOA Chinese Speaking Data Entry Clerk

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

Basic Qualification: With at least 6 months of work experience. Good in verbal communication and written.

Brief Job Description: Gathering invoices, statements, reports, personal details, documents and information from employees, other departments and clients.

TANG CHI CONG Chinese Speaking Data Entry Clerk

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Ability to concentrate for lengthy periods. With good verbal and written communication skills.

Brief Job Description: Gathering invoices, statements, reports, personal details, documents and information from employees, other departments and clients.

TAN, YUQING Chinese Speaking Data Entry Clerk

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: With at least 6 months of work experience. Good in verbal communication and written.

Brief Job Description: Gather data and capture the information into databases.

SHANG, LIXIA Chinese Speaking Data Entry Clerk

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: With at least 6 months of work experience. Good in verbal communication and written.

Brief Job Description: Gathering invoices, statements, reports, personal details, documents and information from employees and other departments.

QIU, ZHIHAO Chinese Speaking Data Entry Clerk

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: With at least 6 months of work experience. Good in verbal communication and written.

Brief Job Description: Entering and updating information into relevant databases.

QI, MEIJIA Chinese Speaking Data Entry Clerk

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: With at least 6 months of work experience. Good in verbal communication and written.

Brief Job Description: Entering and updating information into relevant databases.

PHAM DONG Chinese Speaking Data Entry Clerk

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: With at least 6 months of work experience. Good in verbal communication and written.

Brief Job Description: Entering and updating information into relevant databases.

NIM VUNH HIN Chinese Speaking Data Entry Clerk

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Have excellent verbal and written communication skills and able to organize their work using tools.

Brief Job Description: Gather data and capture the information into databases.

NGUYEN, TRONG SANG Chinese Speaking Data Entry Clerk

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: With at least 6 months of work experience. Good in verbal communication and written.

Brief Job Description: Gathering invoices, statements, reports, personal details, documents and information from employees, other departments and clients.

NGUYEN HUU BINH Chinese Speaking Data Entry Clerk

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: With at least 6 months of work experience. Good in verbal communication and written.

NAME OF FOREIGN NATIONAL , POSITION AND BRIEF DESCRIPTION

Brief Job Description: Gathering invoices, statements, reports, personal details, documents and information from employees, other departments and clients.

VI THI MAI Chinese Speaking Data Entry Clerk 308.

Brief Job Description: Gathering invoices, statements, reports, personal details, documents and information from employees, other departments and clients.

www.businessmirror.com.ph

ESTABLISHMENT / ADDRESS QUALIFICATION AND SALARY RANGE Basic Qualification: With at least 6 months of work experience. Good in verbal communication and written.

No.

WANG, SHUNTAO Chinese Speaking Data Entry Clerk 309.

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Ability to concentrate for lengthy periods. With good verbal and written communication skills.

310.

311.

312.

313.

314.

315.

316.

317.

318.

319.

320.

321.

322.

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

Brief Job Description: Communicate overall design and approach to a team of programmers and create flowcharts, diagrams, other models, and programming instructions to guide programming team.

DONG, HAISHI Chinese Speaking Program Designer 323.

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

Basic Qualification: With at least 6 months of work experience. Good in verbal communication and written.

Brief Job Description: Responding to HR-related queries within the company.

BUI THI LAN ANH Chinese Speaking Program Designer

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

Basic Qualification: With at least 6 months of work experience. Good in verbal communication and written.

Brief Job Description: Planning concepts by studying relevant information and materials.

KAW YAN Chinese Speaking HR Associate

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

Basic Qualification: With at least 6 months of work experience. Good in verbal communication and written.

Brief Job Description: Liaising with clients to determine their requirements, timescale and budget.

UONG THI THANH BINH Chinese Speaking Graphic Designer

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

Basic Qualification: With at least 6 months of work experience. Good in verbal communication and written.

Brief Job Description: Planning concepts by studying relevant information and materials.

TANG MY PHUONG Chinese Speaking Graphic Designer

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

Basic Qualification: With at least 6 months of work experience. Good in verbal communication and written.

Brief Job Description: Liaising with clients to determine their requirements, timescale and budget.

PHUNG THI YEN LINH Chinese Speaking Graphic Designer

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: With at least 6 months of work experience. Good in verbal communication and written.

Brief Job Description: Gather data and capture the information into databases.

LE THI PHUONG NGAN Chinese Speaking Graphic Designer

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: With at least 6 months of work experience. Good in verbal communication and written.

Brief Job Description: Gathering invoices, statements, reports, personal details, documents and information from employees, other departments and clients.

ZHOU, YONGHUI Chinese Speaking Data Entry Clerk

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: With at least 6 months of work experience. Good in verbal communication and written.

Brief Job Description: Gathering invoices, statements, reports, personal details, documents and information from employees, other departments and clients.

ZHANG, ZHICHAO Chinese Speaking Data Entry Clerk

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: With at least 6 months of work experience. Good in verbal communication and written.

Brief Job Description: Gathering invoices, statements, reports, personal details, documents and information from employees, other departments and clients.

YIN, ZHAOYANG Chinese Speaking Data Entry Clerk

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Ability to concentrate for lengthy periods. With good in verbal and written communication skills.

Brief Job Description: Gathering invoices, statements, reports, personal details, documents and information from employees, other departments and clients.

YE HTUT AUNG Chinese Speaking Data Entry Clerk

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Have excellent verbal and written communication skills and able to organize their work using tools.

Brief Job Description: Gathering invoices, statements, reports, personal details, documents and information from employees, other departments and clients.

YANG, YAOBIN Chinese Speaking Data Entry Clerk

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: With at least 6 months of work experience. Good in verbal communication and written.

Brief Job Description: Gathering invoices, statements, reports, personal details, documents and information from employees, other departments and clients.

YANG, JING Chinese Speaking Data Entry Clerk

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: With at least 6 months of work experience. Good in verbal communication and written.

Brief Job Description: Gathering invoices, statements, reports, personal details, documents and information from employees, other departments and clients.

YAN, BING Chinese Speaking Data Entry Clerk

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: With at least 6 months of work experience. Good in verbal communication and written.

NAME OF FOREIGN NATIONAL , POSITION AND BRIEF DESCRIPTION

Brief Job Description: Communicate overall design and approach to a team of programmers and create flowcharts, diagrams, other models, and programming instructions to guide programming team.

HOANG, MY HOA Chinese Speaking Program Designer 324.

Brief Job Description: Communicate overall design and approach to a team of programmers and create flowcharts, diagrams, other models, and programming instructions to guide programming team.

Basic Qualification: With at least 6 months of work experience. Good in verbal communication and written. Salary Range: Php 30,000 - Php 59,999

BusinessMirror

www.businessmirror.com.ph

ESTABLISHMENT / ADDRESS No.

NAME OF FOREIGN NATIONAL , POSITION AND BRIEF DESCRIPTION LAM PHAT THANG Chinese Speaking Program Designer

325.

326.

327.

328.

329.

330.

331.

Brief Job Description: Communicate overall design and approach to a team of programmers and create flowcharts, diagrams, other models, and programming instructions to guide programming team.

XIA, HENGMEI Chinese Speaking Program Designer 332.

Brief Job Description: Collaborate with other IT specialists, and technicians to deliver software solutions.

ZHAO, HAIHAN Chinese Speaking Program Designer 333.

Brief Job Description: Communicate overall design and approach to a team of programmers and create flowcharts, diagrams, other models, and programming instructions to guide programming team.

ESTABLISHMENT / ADDRESS QUALIFICATION AND SALARY RANGE Basic Qualification: With at least 6 months of work experience. Good in verbal communication and written. Salary Range: Php 30,000 - Php 59,999 Basic Qualification: With at least 6 months of work experience. Good in verbal communication and written.

334.

Brief Job Description: The Mandarin mechanical superintendent will be a strategist and a leader able to steer the company to the most profitable direction while also implementing its vision, mission and long-term goals.

MA, ZHONGQING Mandarin Site Supervisor 335.

Brief Job Description: The Mandarin site supervisor will be a strategist and a leader able to steer the company to the most profitable direction while also implementing its vision, mission and long-term goals.

ZHANG, XUANDI Mandarin Technical Works Supervisor 336.

Brief Job Description: The Mandarin technical works supervisor will be a strategist and a leader able to steer the company to the most profitable direction while also implementing its vision, mission and long-term goals.

341.

Basic Qualification: With at least 6 months of work experience. Good in verbal communication and written.

342.

343.

337.

338.

339.

340.

Brief Job Description: Maintain accurate sales record.

LIU, ZHENNING Mandarin Operations Specialist Brief Job Description: Maintain accurate sales record.

SUN, JIAYI Mandarin Operations Specialist Brief Job Description: Maintain accurate sales record.

ZHOU, ZITING Mandarin Operations Specialist Brief Job Description: Maintain accurate sales record.

Brief Job Description: Develop a strategy.

LIAN, FUH-MAO Mandarin Operations Specialist Brief Job Description: Maintain accurate sales record.

LIU, PEIHENG Mandarin Operations Specialist Brief Job Description: Maintain accurate sales record.

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: With at least 6 months of work experience. Good in verbal communication and written. Salary Range: Php 30,000 - Php 59,999

344.

Basic Qualification: With at least 6 months of work experience. Good in verbal communication and written. Salary Range: Php 30,000 - Php 59,999 Basic Qualification: With at least 6 months of work experience. Good in verbal communication and written. Salary Range: Php 30,000 - Php 59,999 Basic Qualification: With at least 6 months of work experience. Good in verbal communication and written.

345.

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Proven experience as Mandarin site supervisor, excellent communication, interpersonal and presentation skills.

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

Basic Qualification: Can speak Mandarin language.

346.

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

Basic Qualification: Can speak Mandarin language. Salary Range: Php 30,000 - Php 59,999

Brief Job Description: Provide leadership to support the project flawless project delivery program assure the appropriate “Q” Areas are established and managed and manage the tracking system (tba) to record key actions and ensure appreciates accountability for close-out actions from major reviews, etc.

Brief Job Description: CEO is the one who manage the day-to-day operations of our company. The right candidate must be ready to build and model a great company culture, provide inspired leadership to our executive team, establish a great working relationship with the board of directors, and set a course for company strategy.

TEY LIAN CHIEH Mandarin Speaking Client Coordinator 347.

Brief Job Description: Schedule meeting or telephone conferences between client and management.

Basic Qualification: Have excellent verbal and written communication skills and able to organize their work using tools.

Brief Job Description: Develop marketing contents to create the brand’s identity and increase sales.

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

LU, FANGZE Chinese Speaking Brand Marketing Specialist 354.

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

Basic Qualification: With at least 6 months of work experience, and good in verbal and written communication.

Brief Job Description: Assisting with the analyses of marketing data, including campaign results, conversion rates, and online traffic in order to improve future marketing strategies and campaigns.

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Have excellent verbal and written communication skills and able to organize their work using tools.

WANG, MINGSHENG Chinese Speaking Brand Marketing Specialist 355.

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

Brief Job Description: Promoting brand awareness through marketing efforts. Develop marketing contents to create the brand’s identity and increase sales.

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

WANG, XIAO Chinese Speaking Brand Marketing Specialist

Basic Qualification: Bachelor’s degree, or equivalent in and engineering discipline and minimum of 12 yrs. industry experience in QA/QC with experience in E&P, etc.

357.

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: With at least 6 months of work experience, and good in verbal and written communication.

Brief Job Description: Assisting with the analyses of marketing data, including campaign results, conversion rates, and online traffic in order to improve future marketing strategies and campaigns.

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

LIU, LIANGCAI Chinese Speaking Sales Marketing Specialist 358.

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

Basic Qualification: With working experience with the same position and should be fluent in English and Mandarin languages.

Brief Job Description: Assisting with the analyses of marketing data, including campaign results, conversion rates, and online traffic in order to improve future marketing strategies and campaigns. XIE, PENG Chinese Speaking Brand Marketing Specialist

Salary Range: Php 500,000 and above

Basic Qualification: Understanding of human resources and personnel management.

Basic Qualification: With at least 6 months of work experience, and good in verbal and written communication.

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

QUAN, MEINA Chinese Speaking Sales Marketing Specialist 359.

Basic Qualification: Have excellent verbal and written communication skills and able to organize their work using tools.

Brief Job Description: Creating marketing materials for our website and other marketing platforms.

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

XIANG, JIE Chinese Speaking Sales Marketing Specialist

360.

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

Brief Job Description: Establishing goals and objectives in order to reach the company’s clientele through appropriate marketing channels (digital and traditional). Building and maintaining relationships with new and existing customers through prospecting and networking.

Basic Qualification: College grad. With previous work experience in a similar industry. Fluent in Chinese-Mandarin and English languages. Salary Range: Php 30,000 - Php 59,999

SEAGULL-WORLD INC. 24/f Philamlife Tower, 8767 Paseo De Roxas, Bel-air, City Of Makati

348.

LEE PEI PEI Mandarin Operations Specialist Brief Job Description: Maintain accurate sales record.

ZHANG, ZHENFENG Chinese Speaking Sales Marketing Specialist

Basic Qualification: Can speak Mandarin language. Salary Range: Php 30,000 - Php 59,999

361.

SHEX GROUP INC. Unit Ug-08 Cityland Condo, 10 Tower 2, 154 H.v. Dela Costa St., Bel-air, City Of Makati

THAI GIA VINH Mandarin Office Manager 349.

Brief Job Description: Manager will be a strategist and a leader able to steer the company of the most profitable direction while also implementing its vision, mission and longterm goals.

Basic Qualification: College Graduate. Fluent in Mandarin, Cantonese, Taiwanese languages. Excellent interpersonal and communication skills. At least 1 year experience related to the applying for.

350.

Brief Job Description: Handles service support calls, emails and chats from inquiry of a client.

LU, YUAN-TING Mandarin System And Support Specialist 351.

Brief Job Description: Process Mandarin interactive software in terms of developing and upgrading its systematic function.

Basic Qualification: Fluency in English, Mandarin and any language.

362.

Brief Job Description: Conducts store visits to monitor the implementation of trade marketing initiatives.

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

Basic Qualification: Have excellent verbal and written communication skills and able to organize their work using tools. Salary Range: Php 30,000 - Php 59,999

WIKITECH SERVICES INC. 10/f Alphaland Corporate Tower, 7232 Ayala Avenue Ext. Corner Malugay St., Bel-air, City Of Makati

363.

Brief Job Description: Monitoring and maintaining computer systems and networks.

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

Basic Qualification: Fluency in English, Mandarin and any language.

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

PENG, LI Chinese Speaking Trade Marketing Specialist

HE, YIYUN Mandarin Technical Support VUONG UYEN TAM Mandarin Speaking Customer Relation Representative

Basic Qualification: With at least 6 months of work experience, and good in verbal and written communication.

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

TECHMAVE SERVICES INC. 11/f Liberty Plaza Bldg., 102 H.v. Dela Costa St., Bel-air, City Of Makati

WANG, ZHAOYANG Mandarin Technical Support 364.

Brief Job Description: Monitoring and maintaining computer systems and networks.

Basic Qualification: Can speak Mandarin language. Salary Range: Php 30,000 - Php 59,999

Basic Qualification: Can speak Mandarin language. Salary Range: Php 30,000 - Php 59,999 *Date Generated: Jan 4, 2024

VESSELSVALUE PH, INC. 5th Flr. Aro Building, Victor Buencamino At. Alabang-zapote Rd., Cupang, City Of Muntinlupa

Basic Qualification: Can speak Mandarin language. Salary Range: Php 30,000 - Php 59,999

353.

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

Basic Qualification: At least College Graduate. Can speak Mandarin language.

QUALIFICATION AND SALARY RANGE

GE, KUI Chinese Speaking Brand Marketing Specialist

Basic Qualification: Can speak Mandarin language.

QNECT INC. Unit 2105 The Finance Centre, 26th St. Corner 9th Avenue, Bonifacio Global City, Fort Bonifacio, City Of Taguig

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Can speak Mandarin language.

Brief Job Description: Maintain accurate sales record.

KHALILI, POUYA Chief Executive Officer

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

Basic Qualification: Proven experience as Mandarin technical works supervisor, excellent communication, interpersonal and presentation skills.

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

Basic Qualification: Can speak Mandarin language.

NAME OF FOREIGN NATIONAL , POSITION AND BRIEF DESCRIPTION

WELL SOLUTION CORP. Unit 1100-d 11/f Vicente Madrigal Bldg., 6793 Ayala Avenue, Bel-air, City Of Makati

PRO GROUPS TRADING AND GENERAL MERCHANDISING CORP. Taft Ave. Cor. Castro St., 2313 Vsc, Barangay 709, Malate, City Of Manila

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

Basic Qualification: Proven experience as Mandarin mechanical superintendent, excellent communication, interpersonal and presentation skills.

WANG, LONG Mandarin Operations Specialist

MORRA, GIOVANNI QA/QC Lead

Basic Qualification: With at least 6 months of work experience. Good in verbal communication and written. Salary Range: Php 30,000 - Php 59,999

Basic Qualification: Can speak Mandarin language.

No.

356.

Basic Qualification: With at least 6 months of work experience. Good in verbal communication and written. Salary Range: Php 30,000 - Php 59,999

QUALIFICATION AND SALARY RANGE

PRIME ENERGY RESOURCES DEVELOPMENT B.V. 19/f Asian Star Bldg., Asean Drive, Alabang, City Of Muntinlupa

ONE BORDERLINE CREATIVES INC. Unit 11-ij3, 11/f Burgundy Corporate Tower, 252 Sen. Gil Puyat Ave., Pio Del Pilar, City Of Makati HE, YAXI Mandarin Operations Specialist

NAME OF FOREIGN NATIONAL , POSITION AND BRIEF DESCRIPTION GUO, YUN Mandarin Team Leader

A13

ESTABLISHMENT / ADDRESS

PHILIPPINE FULL DEGREE COMMUNICATIONS CORP. 18/f Yuchengco Tower 1, Rcbc Plaza, 6819 Ayala Ave., Bel-air, City Of Makati

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

NEPC POWER CONSTRUCTION CORP. 15/f Cyber One Bldg., Eastwood Cyberpark City, Bagumbayan, Quezon City

ZHU, JINGPING Mandarin Mechanical Superintendent

No.

Friday, January 5, 2024

ORTIZ CASTILLO, ELISENDA Mathematical Modeler 352.

Brief Job Description: Main responsibilities include conduct of feasibility analysis considering data requirements, model design and performance evaluation, prototyping deliverable products and maintenance of internal technical documentation.

Basic Qualification: Holder of a Doctorate’s Degree in Physics. With at least 3 years of relevant work experience in a related field. Strong problem solving and communications skills. Proficient in various MS Office programs. Salary Range: Php 90,000 - Php 149,999

In the ad material of Notice of Filing of Application for Alien Employment Permits published on January 4, 2024, the name AGOMELANGA OBEOKOUA under the company AMAZON OPERATION SERVICES PHILIPPINES, INC., should have been read as REINE AGOMELANGA OBEOKOUA and not as published. 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.

TheWorld BusinessMirror

A14 Friday, January 5, 2024

Editor: Angel R. Calso • www.businessmirror.com.ph

Russia and Ukraine exchange hundreds of POWs in biggest release of captives

By The Associated Press

USSIA and Ukraine on Wednesday exchanged hundreds of prisoners of war in the biggest single release of captives since Russia’s full-scale invasion in February 2022. Ukrainian authorities said that 230 Ukrainian prisoners of war returned home in the first exchange in almost five months. Russia’s Defense Ministry said that 248 Russian servicemen have been freed under the deal sponsored by the United Arab Emirates. The UAE’s Foreign Ministry attributed the successful swap to the “strong friendly relations between the UAE and both the Russian Federation and the Republic of Ukraine, which were supported by sustained calls at the highest levels.” The UAE has maintained close economic ties with Moscow despite Western sanctions and pressure on Russia after it launched its invasion in 2022. Ukraine’s human rights ombudsman, Dmytro Lubinets, said it was the 49th prisoner exchange during the war. Some of the Ukrainians had been held since 2022. Among them were some of those who fought in

milestone battles for Ukraine’s Snake Island and the Ukrainian city of Mariupol. Russian officials offered no other details of the exchange. Also Wednesday, Russia said it shot down 12 missiles fired at one of its southern regions bordering Ukraine, as Kyiv’s forces seek to embarrass the Kremlin and puncture President Vladimir Putin’s argument that life is going on as normal despite the fighting. The situation in the border city of Belgorod, which came under two rounds of shelling on Wednesday morning, “remains tense,” said regional Gov. Vyacheslav Gladkov, writing on Telegram. “Air defense systems worked,” he said, promising more details about possible damage after inspecting the area later in the day, part of a New Year’s holiday week in Russia. Ukraine fired two Tochka-U missiles and seven rockets at the

Taiwan: China sent 4 suspected spy balloons over the island, some near key air force base

Myanmar military govt pardons 10,000 prisoners to mark Independence Day

IN this photo taken from video released by Russia Emergency Situations Ministry telegram channel on Saturday, December 30, 2023, rescuers and people carry a wounded person after shelling in Belgorod, Russia. Russian officials have accused Ukrainian forces of shelling the Russian border city of Belgorod. Two children were killed in Saturday’s attack, regional governor Vyacheslav Gladkov said in a statement on social media. He also said that an unspecified number of people had been injured. RUSSIA EMERGENCY SITUATIONS MINISTRY TELEGRAM CHANNEL VIA AP

region late Tuesday, followed by six Tochka-U missiles and six Vilkha rockets on Wednesday, the Russian Defense Ministry said. T he Sov iet-bui lt Tochk a-U missile system has a range of up to 120 kilometers (75 miles) and a warhead that can carry cluster munitions. Ukraine has received some cluster munitions from the United States but the Tochka-U and Vilkha can use their own cluster munitions. The Russian side of the frontier has come under increasingly frequent attack in recent days. Throughout the war, border villages have sporadically been targeted by Ukrainian artillery fire,

AIPEI, Taiwan—Taiwan’s Defense Ministry said that China sent four balloons over the island, three of which passed near a key air force base. The reported incursions on Tuesday come as China has been upping its threat to use force to annex the self-governing republic. Taiwan is holding elections for its president and legislature on January 13, and China has used its military, diplomatic and economic power to influence voters to back candidates favoring unification between the sides. Despite that, the proindependence Democratic Progressive Party is leading in most polls, reaffirming the electorate’s backing for the status of defacto independence from mainland China. China regularly sends navy ships and warplanes to waters and airspace close to Taiwan, and its use of balloons to collect intelligence could be a new stage in its campaign of intimidation against the island. The Defense Ministry said three of the balloons passed from east to west, close to the Ching-Chuan-Kang air base, home to much of the Taiwanese air wings dedicated to defending the island against China’s military threat. The fourth passed north of the port of Keelung, which services Taiwan’s crucial trade relations with Japan, a treaty partner with the US. A Chinese balloon shot down by the US after transferring North America last February was equipped to detect and collect intelligence signals as part of a huge, military-linked aerial surveillance program that targeted more than 40 countries, the Biden administration said, citing imagery from American U-2 spy planes. A fleet of balloons operates under the direction of the People’s Liberation Army, the military wing of China’s ruling Communist Party, and is used specifically for spying, outfitted with high-tech equipment designed to gather sensitive information from targets across the globe, the US said. Similar balloons have sailed over five continents, it said. AP

MYANMAR government officials salute at their national flag during a ceremony marking Myanmar’s 76th anniversary of Independence Day in Naypyitaw, Myanmar on Thursday, January 4, 2024. AP/AUNG SHINE OO

A N G K O K — M y a n m a r ’s militar y government on Thursday pardoned nearly 10,000 prisoners to mark the 76th anniversary of gaining independence from Britain, but it wasn’t immediately clear if any of those released included the thousands of political detainees jailed for opposing army rule. The head of Myanmar’s military council, Senior Gen. Min Aung Hlaing, pardoned 9,652 prisoners to mark the holiday, state-run MRTV television reported. Min Aung Hlaing also granted amnesty to 114 jailed foreigners who will be deported, MRTV said in a separate report. The prisoner releases were expected to begin Thursday and take several days to be completed. At Insein Prison in Yangon—notorious for decades for housing political detainees—relatives of prisoners gathered at the gates from early morning. The identities of those granted pardons were not immediately available. There was no sign that among the prisoners being released would be Aung San Suu Kyi, who has been held virtually incommunicado by the military since it seized power from her elected government in February 2021. The 78-year-old Suu Kyi is serv-

ing 27 years’ of imprisonment after being convicted of a series of politically tinged prosecutions brought by the military. The charges on which she was convicted include illegally importing and possessing walkie-talkies, election fraud, corruption, violating coronavirus restrictions, breaching the official secrets act and sedition. Her supporters and independent analysts say the cases against her are an attempt to discredit her and legitimize the military’s seizure of power while keeping her from taking part in the military’s promised election, for which no date has yet been set. According to the Assistance Association for Political Prisoners, a rights monitoring organization, 25,730 people have been arrested on political charges since the army takeover. Of those arrested, 19,930 people were still in detention as of Wednesday, AAPP reported. At least 4,277 civilians, including pro-democracy activists, have been killed by security forces in the same period, the group says. Most of those detained are being held on incitement charges for allegedly causing fear, spreading false news or agitating against government employees. Mass prisoner releases are

rockets, mortar shells and drones launched from thick forests where they are hard to detect. Lately, as Russia fired missiles and drones at Ukrainian cities, Kyiv’s troops have aimed at Belgorod’s regional capital, which is about 100 kilometers (60 miles) north of Kharkiv, Ukraine’s second-largest city. Belgorod, with a population of about 340,000, is the biggest Russian city near the border. It can be reached by relatively simple and movable weapons such as multiple rocket launchers. On Saturday, shelling of Belgorod killed 25 people, including five children, in one of the dead-

common on major holidays in the Southeast Asian nation. Myanmar became a British colony in the late 19th century and regained its independence on January 4, 1948. In the capita l, Nay py itaw, Myanmar’s military government celebrated the anniversary with a flag-raising ceremony and a small military parade at City Hall. Myanmar has been under military rule since the army’s takeover, which was met with massive resistance that has since turned into what some UN experts have characterized as civil war. Despite huge advantages in trained manpower and weaponry, the military government has been unable to quash the resistance movement. After an alliance of ethnic minority armed groups launched a coordinated offensive against the military last October in Shan state in the north and Rakhine in the west, it is now facing its greatest battlefield challenge since the conflict began. Min Aung Hlaing did not touch on the country’s extended political crisis in his Independence Day message, which was published in the state-run press. Vice-Senior Gen. Soe Win, the vice-chairman of the ruling military council, delivered Min Aung Hlaing’s speech at a f lag-saluting ceremony, which was broadcast live on state television. He appealed to ethnic minority groups, many of which are engaged in armed struggle against military rule, to strengthen national unity, and promised that the military government would hold an election and hand over state responsibilities to the elected government. However, he did not give a timeframe for the election.

liest strikes on Russian soil since Moscow’s full-scale invasion. Another civilian was killed Tuesday in a new salvo. Hitting Belgorod and disrupting city life is a dramatic way for Ukraine to show it can strike back against Russia, whose military outnumbers and outguns Kyiv’s forces. The tactic appeared to be having some success, with signs the attacks are unsettling the public, political leaders and military observers. On Monday, Putin lashed out against the Belgorod attacks by Ukraine. “They want to intimidate us and create uncertainty within our country,” he said, promising to step up retaliation. Answering a question from a soldier who asked him about civilian casualties in Belgorod, Putin said: “I also feel a simmering anger.” Many Russian militar y bloggers have expressed regret about Moscow’s withdrawal from the border area in September 2022 amid a swift counteroffensive by Kyiv, and they have argued t hat more ter r itor y must be seized to secure Belgorod and other border areas. Russia describes Ukrainians as “terrorists” who indiscriminately target residential areas while insisting Moscow only aims at depots, arms factories and other military facilities—even though there is

ample evidence that Russia is hitting Ukrainian civilian targets. Ukrainian officials rarely ack nowledge responsibi l it y for strikes on Russian territory. In another Russian border region on Wednesday, the city of Zeleznogorsk was briefly cut off from the power grid after Ukrainian shelling, local officials said. Authorities were forced to temporarily shut down an electricity substation in the city of 100,000 people in the Kursk region to repair the damage from an aerial attack, Kursk Gov. Roman Starovoit said on Telegram. Residents were without power or heat, he said, although electricity was restored in most of the city about two hours later, he said. Russia has recently intensified its long-range attacks on Ukrainian cities, including using Kinzhal missiles, which can fly at 10 times the speed of sound. The Kremlin’s forces appear to be targeting Ukraine’s defense industry, the UK Defense Ministry said Wednesday. The onslaught has prompted Kyiv officials to ask its Western allies to provide further air defense support. Nato announced Wednesday that it would help member nations buy up to 1,000 surface-to-air Patriot guided missiles in a deal possibly costing about $5.5 billion. That could allow alliance members to send more of their own defense systems to Ukraine.

US calls for urgent UN Security Council action on attacks by Houthi rebels on ships in Red Sea By Edith M. Lederer The Associated Press

NITED NATIONS—The United States called on the UN Security Council Wednesday to take urgent action against Yemen’s Houthi rebels for attacking ships in the key Red Sea trade route and warned their longtime financier Iran that it has a choice to make about continuing to provide support to the rebels. US deputy ambassador Christopher Lu told an emergency council meeting that the Houthis have carried out more than 20 attacks since November 19—and despite losing 10 fighters in a confrontation with US forces after trying unsuccessfully to board a cargo ship on Sunday, the rebel group announced Wednesday morning they had targeted another container ship. The Houthis, who have been engaged in a civil war with Yemen’s internationally recognized government since 2014, have said they launched the attacks on ships in the Red Sea with the aim of ending Israel’s offensive in the Gaza Strip triggered by the Palestinian militant group Hamas’ October 7 surprise attack in southern Israel. International Maritime Organization Secretary-General Arsenio Dominguez told the council that as a result of the Houthi attacks, around 18 shipping companies have rerouted their vessels around South Africa to avoid the risk of being hit. Some 15 percent of international trade goes through the vital Red Sea area, he said, and rerouting ships around the Cape of Good Hope represents an additional 10-day journey, negatively impacts global trade, and increases freight rates. US envoy Lu stressed to the council that the Houthis have been able to carry out the attacks because Iran has supplied them with money and advanced weapons systems including drones, land attack cruise missiles and ballistic missiles—in violation of UN sanctions. “We also know that Iran has been deeply involved in planning operations against commercial vessels in the Red Sea,” Lu said. He said the United States isn’t seeking a confrontation with Iran but Tehran has a choice. “It can continue its current course,” Lu said, “or it can withhold its support without which the Houthis would struggle to effectively track and strike commercial vessels

navigating shipping lanes through the Red Sea and Gulf of Aden.” After the US Navy sank three Houthi boats on Sunday with the loss of 10 of its fighters, the spokesman for the White House National Security Council wouldn’t say what further actions the Biden administration was considering. John Kirby told ABC’s “Good Morning America” the United States has made it clear to the Houthis that “we take these threats seriously and we’re going to make the right decisions going forward.” Lu, the US deputy ambassador, said the Houthi attacks “pose grave implications for maritime security, international shipping and commerce” and it’s vital that the Security Council speak out now on the need to uphold international law and the right to freedom of navigation. A US draft resolution circulated to council members after the open meeting and obtained by The Associated Press would condemn and demand an immediate halt to the Houthi attacks and recognize the right of any country to defend their merchant and naval vessels in accordance with international law. Without mentioning Iran, the draft would also condemn “the provision of arms and related materiel of all types to the Houthis” in violation of UN resolutions. It would also call for all countries to implement the arms embargo on the Houthis and recall that the UN panel of experts monitoring sanctions “has found many Houthi weapons to be of Iranian origin.” The US draft would underscore “the need to avoid further escalation of the situation.” There was near unanimous condemnation of the Houthi attacks in speeches Wednesday by the 15 council members, and many calls for the rebel group to release the Galaxy Leader, a Japanese-operated cargo ship with links to an Israeli company that it seized on November 19 along with its crew. A statement issued later by the US, Australia, Bahrain, Belgium, Canada, Denmark, Germany, Italy, Japan, Netherlands, New Zealand and the United Kingdom called for the immediate end of Houthi attacks and warned that further attacks would require collective action. “The Houthis will bear the responsibility of the consequences should they continue to threaten lives, the global economy, and free flow of commerce in the region’s critical waterways,” the 12 countries said.

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Friday, January 5, 2024 A15

More hospitals are requiring masks as flu and Covid-19 infections surge By Mike Stobbe

AP Medical Writer

EW YORK—More US hospitals are requiring masks and limiting visitors as health officials face an expected but still nasty post-holiday spike in flu, Covid-19 and other illnesses. While many experts say this season likely won’t prove to be as deadly as some other recent winters, it still could mean hundreds of thousands of hospitalizations and many thousands of deaths across the country. New York City last week instituted a mask mandate for the city’s 11 public hospitals. Similar measures were ordered last week at some hospitals in Los Angeles and Massachusetts. Some hospitals reinstated masking rules for employees months ago, in anticipation of a seasonal rush of sick people. Flu and Covid-19 infections

have been increasing for weeks, with high levels of flu-like illness reported in 31 states just before Chr istmas. Updated nationa l numbers are to be released Friday, but health officials predict infections will grow in many states well into January. “What we’re seeing right now, in the first week of January, is really an acceleration—of flu cases, in particular,” said Dr. Mandy Cohen, director of the Centers for Disease Control and Prevention. There is some good news. Flu and Covid-19 cases may peak by the end of the month and then drop, Cohen said. Though the flu

Iran says at least 84 killed in blasts at ceremony honoring slain general By Jon Gambrell

The Associated Press

UBAI, United Arab Emirates—Two bombs exploded and killed at least 84 people at a commemoration for a prominent Iranian general slain by the US in a 2020 drone strike, Iranian officials said, as the Middle East remains on edge over Israel’s war with Hamas in Gaza. No one immediately claimed responsibility for what appeared to be the deadliest militant attack to target Iran since its 1979 Islamic Revolution. Iran’s leaders vowed to punish those responsible for the blasts, which wounded at least 284 people. The explosions struck minutes apart on Wednesday, shaking the city of Kerman, about 820 kilometers (510 miles) southeast of the capital, Tehran. The second blast sprayed shrapnel into a screaming crowd fleeing the first explosion. An earlier death toll of 103 was twice revised lower after officials realized that some names had been repeated on a list of victims and due to the severity of wounds suffered by some of the dead, health authorities said. Many of the wounded were in critical condition, however, so the death toll could rise. The gathering marked the fourth anniversary of the killing of Gen. Qassem Soleimani, the head of the Revolutionary Guard’s elite Quds Force, in a US drone strike in Iraq. The explosions occurred near his gravesite as long lines of people gathered for the event. Iranian state television and officials described the attacks as bombings, without immediately giving clear details of what happened. The attacks came a day after a deputy head of the Palestinian militant group Hamas was killed in a suspected Israeli strike in Beirut. The first bomb Wednesday was detonated around 3 p.m., and the other went off some 20 minutes later, the Iranian interior minister, Ahmad Vahidi, told state television. He said the second blast killed and wounded the most people. Images and video shared on social media appeared to correspond with the accounts of officials, who said the first blast happened about 700 meters (765 yards) from Soleimani’s grave in the Kerman Martyrs Cemetery near a parking lot. The crowd then rushed west along Shohada Street, where the second blast struck about 1 kilometer (0.62

miles) from the grave. A delayed second explosion is often used by militants to inflict more casualties by targeting emergency personnel responding to an attack. Iranian state TV and state-run IRNA news agency quoted emergency officials for the casualty figures. Authorities said Thursday would be a national day of mourning. Iran’s Supreme Leader Ayatollah Ali Khamenei said the attackers will face “a harsh response,” though he didn’t name any possible suspect. Iranian President Ebrahim Raisi added: “Undoubtedly, the perpetrators and leaders of this cowardly act will soon be identified and punished.” Iran has multiple foes that could be behind the assault, including exile groups, militant organizations and state actors. While Israel has carried out attacks in Iran over its nuclear program, it has conducted targeted assassinations, not mass casualty bombings. A US State Department spokesman, Matthew Miller, said American officials had “no reason” to believe Israel was involved in Wednesday’s attack in Iran. That was echoed by National Security Council spokesman John Kirby at the White House, who said “our hearts go out to all the innocent victims and their family members.” Sunni extremist groups including the Islamic State group have conducted largescale attacks in the past that killed civilians in Shiite-majority Iran, though not in relatively peaceful Kerman. Iran also has seen mass protests in recent years, including those over the death of 22-year-old Mahsa Amini in 2022. The country also has been targeted by exile groups in attacks dating back to the turmoil surrounding its 1979 Islamic Revolution. Iran itself has been arming militant groups over the decades, including Hamas, the Lebanese Shiite militia Hezbollah and Yemen’s Houthi rebels. As Israel wages its devastating war in Gaza after Hamas’ October 7 attacks that killed 1,200 people, both Hezbollah and the Houthis have launched attacks targeting Israel that they say come on behalf of the Palestinians. The Associated Press writers Amir Vahdat and Nasser Karimi in Tehran, Iran; Suzan Fraser in Ankara, Turkey; Bassem Mroue in Beirut; Jack Jeffery and Emma Burrows in London; and Matthew Lee in Washington contributed to this report.

FRANK COPE waits outside for a car after a checkup at Bellevue Hospital in New York on Wednesday, January 3, 2023. The previous week, New York City resumed a mask mandate for the city’s 11 public hospitals. AP/MARY CONLON

has been skyrocketing, this year’s cases are being caused by a strain that usually doesn’t cause as many deaths and hospitalizations as some other versions. What’s more, signs suggest current flu vaccines are well-matched to the strain. “I don’t think it’s going to be overwhelming,” said Dr. William Schaffner, Vanderbilt University infectious diseases expert. He

deemed the current season “moderately severe.” The CDC is pointing the public to an agency website where people can look up their county, which can help them make decisions about whether to wear masks or take other precautions. Cohen urged people to get vaccinated and to seek treatment for flu and Covid-19.

Vaccinations are down this year, officials say. About 44 percent of US adults had gotten flu shots by Dec. 23, according to the most recently available CDC vaccination survey data. Only about 19 percent of US adults were reported to have received an updated Covid-19 shot as of early December. Covid-19 cases are causing more severe disease than the flu but have been rising less dramatically. Health officials are keeping an eye on JN.1, a new version of the ever-evolving coronavirus. The Omicron variant was first detected in the US in September and just before Christmas accounted for an estimated 44 percent of Covid-19 cases. The JN.1 variant may spread easier or be better at evading our immune systems, but there is no evidence that it causes more severe disease than other recent variants, health officials say. Current evidence indicates vaccines and antiviral medications work against it. The CDC also has reported disappointing vaccination rates against another seasonal bug, respiratory syncytial virus, or RSV. That is a common cause of mild

As missile hits Kyiv apartment, survivors lose a lifetime’s possessions in seconds By Hanna Arhirova The Associated Press

YIV, Ukraine—With trembling hands and labored breath, Serhii Slobodiannyk meticulously searched his fire-damaged apartment, seeking to salvage any of his family’s treasured belongings following a Russian missile attack on Kyiv. “Everything I had worked for over 30 years was destroyed in less than a second,” says Slobodiannyk, still dressed in the clothes he managed to throw on in his burning apartment Tuesday. He and his wife, Olena, had moved into the building in Kyiv’s Solomianskyi district in 1984. Now the structure is uninhabitable—ravaged by fire, part of its facade torn off, and a huge crater gouged next to it by the missile that struck at 7:40 a.m. Two of the building’s residents were killed and 54 were injured in Tuesday’s bombardment that also killed two others elsewhere in the region sur-

rounding Kyiv. The barrage was part of Russia’s recent winter campaign against urban areas in the nearly 2-year-old war. It was the first attack in months in which an apartment building suffered such heavy damage in Kyiv, where air defenses have been strengthened considerably since the start of the war. The attacks have left many residents rattled and anxious. In Slobodiannyk’s apartment, family photos hung on the charred walls, burned books were strewn on the shelves, and a damaged exercise bike stood useless in the corner. The 63-year-old moved painfully, his feet still sore from being cut by shards of glass as he and his wife scrambled to safety in the smoky minutes after the f lat was set ablaze. They had to climb to the ninth f loor and escape via the roof because the fire engulfed the stairwell, blocking their way out. On Wednesday, Slobodiannyk and his wife were among over 100 residents and volunteers

who gathered at the building in freezing temperatures and snow to clear away debris and save anything they could. Curious onlookers also stopped by, approaching the massive crater to taking photos and videos in an attempt to grasp the scale of the destruction. New Year’s decorations could be seen in the windows of blackened apartments. It was the second big missile attack that Russia unleashed in less than a week, as air raid sirens provided a grim soundtrack to t he hol id ays for m i l l ions across Ukraine. President Volodymyr Zelenskyy said Russia had launched at least 500 missiles and drones in the last five days. Bohd a n St a nekev yc h, who wasn’t home when the missile struck, inspected the ruins of his first-floor apartment Wednesday. When part of the Kyiv region was occupied in the first days of the invasion in 2022, he and his family stayed in their other house near Bucha, spending most of the time in the basement, and he had

cold-like symptoms, but it can be dangerous for infants and older people. RSV cases rose in the fall but appear to have plateaued and are even going down in some places, according to the latest data. At Hillsdale Hospital in southern Michigan, a 65 percent increase in respiratory illness activity in late December triggered a limitation to visitors in the birthing center. Only a spouse, a support person and grandparents can visit. They all must wear a mask and not show symptoms of sickness. The restriction is common for the hospital around this time of year, said Dr. Nichole Ellis, a pediatrician who is the hospital’s medical chief of staff. But it’s more difficult this season, she added. “In the past, we would have one…disease that we were tracking or monitoring at one time,” Ellis said. “But now, babies and children will have multiple diseases at the same time. It’s not that they just have RSV…but they’re getting RSV and Covid at the same time, or influenza and RSV at the same time because all of the diseases are prevalent in our community.” Kenya Hunter in Atlanta contributed.

believed that was the most difficult time of the war. Until now. “Today you’re alive, and tomorrow everything is gone. How can you find strength here?” he asked. As his apartment burned on Tuesday, Slobodiannyk said he believed he and his wife were going to die. “We were preparing to say goodbye to our lives because it was so hard to breathe,” he said. But they and their neighbors were found by emergency crews, who led them to safety. On the building’s fifth-floor, in the apartment above his, a woman who was a university professor was killed by flying glass. “I can say that I am coming back today with victory,” Slobodiannyk said, adding that he survived when the blast hurled a carpet over him, shielding from the broken glass. “It was like a tornado,” he recalled. Now they are moving in with family members. His wife, Olena, described their survival as a one-in-a-million chance. “Our relatives survived the Second World War, and we are going through this,” she said with a nervous smile.

Thousands of doctors in Britain walk off the job in their longest-ever strike By Jill Lawless

The Associated Press

ONDON—Patients faced canceled treatments after thousands of British doctors walked off the job on Wednesday, the start of a six-day strike over pay that was set to be the longest in the history of the state-funded National Health Service. Managers said tens of thousands of appointments and operations will be postponed because of the walkout across England by junior doctors, those in the first years of their careers. The doctors, who form the backbone of hospital and clinic care, plan to stay off the job until 7 a.m. on Tuesday. Senior doctors and other medics have been drafted to cover for emergency services, critical care and maternity services. Julian Hartley, chief executive of heath care managers’ organization NHS Providers,

said the strike came at one of the toughest times of the year for the health service, “immediately after the Christmas and New Year period because of the pressures the demands, and of course we’ve got flu, we’ve got Covid. “So there’s going to be an impact on patients that will be significant,” he said. Britain has endured a year of rolling strikes across the health sector as staff sought pay rises to offset the soaring cost of living. Unions say wages, especially in the public sector, have fallen in real terms over the past decade, and double-digit inflation in late 2022 and early 2023, fueled by sharply rising food and energy prices, left many workers struggling to pay bills. The union says newly qualified doctors earn 15.53 pounds ($19.37) an hour—the UK minimum wage is just over 10 pounds an hour—though salaries rise rapidly after the first year.

On a picket line outside St. Thomas’ Hospital in central London, 28-year-old Dr. Georgia Blackwell said stress and low pay were driving many doctors to take jobs overseas. “A lot of doctors are moving to Australia—not just because of the pay, but also the work-life balance is better,” she said. The walkouts have strained the already stretched health service still struggling to recover from backlogs created by the coronavirus pandemic. Health Secretary Victoria Atkins said the strikes were having “a serious impact on patients,” with more than 1.2 million appointments rescheduled in the months since the wave of industrial action began. The impact is difficult to quantify. Some claim that delays in testing and treatment due to the strikes may lie behind an increase in excess deaths in the UK, which were at their highest in 2023 since the pandemic

year of 2020. There is little firm evidence of a link, however, with factors including Covid-19 and an aging population contributing to an increase in deaths in the UK and other countries. Nurses, ambulance crews and senior doctors have reached pay deals with the government, but the union representing junior doctors has held out, and negotiations broke down late last year. The government says it won’t hold further talks unless doctors call off the strike, while the medics’ union, the British Medical Association, says it won’t negotiate unless it receives a “credible” pay offer. The government gave the doctors an 8.8 percent pay raise last year, but the union says it is not enough because junior doctors’ pay has been cut by more than a quarter since 2008.

A16 Friday, January 5, 2024 • Editor: Angel R. Calso

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editorial

PHL’s global reputation under shades of grey

he Financial Action Task Force (FATF) is an intergovernmental organization that sets international standards and promotes measures to combat money laundering and terrorist financing. It plays a crucial role in the global financial system by conducting mutual evaluations of its member countries to assess their compliance with the FATF recommendations. These evaluations examine a country’s legal and institutional framework, as well as its implementation of preventive measures, such as customer due diligence, record keeping, and reporting suspicious transactions. The evaluations help identify areas of improvement and encourage countries to strengthen their anti-money laundering and counter-terrorist financing regimes. The FATF maintains two lists: The “Black List” and the “Grey List.” The Black List includes countries or jurisdictions that are deemed to have strategic deficiencies in their anti-money laundering and counter-terrorism financing regimes and are considered high risk. The Grey List, on the other hand, consists of countries or jurisdictions that have committed to addressing such deficiencies but have not yet fully implemented the required measures. When a country is placed on the Grey List, it means that the FATF has identified certain weaknesses or shortcomings in its legal and regulatory framework for combating money laundering and terrorist financing. These countries are considered to be at risk of being used for illicit financial activities. Being on the Grey List serves as a warning to the country that it needs to take immediate action to address the identified deficiencies. Once a country is placed on the Grey List, it is expected to work with the FATF to develop an action plan to rectify the identified deficiencies within a specified timeframe. The FATF closely monitors the progress made by the listed country and conducts regular evaluations to assess their level of compliance with the required standards. If a country fails to make sufficient progress or fulfill its commitments, it may face further consequences, such as being moved to the Black List, which can result in severe economic and financial consequences for the country. In recent years, the Philippines has faced significant challenges in addressing these issues, leading to its inclusion in the Grey List. The FATF placed the country on its grey list in June 2021 after it identified deficiencies in the implementation of Philippine rules and regulations against money laundering and terrorist financing. It issued 18 action items that the country needs to complete by January 2023 before it considers removing the Philippines from Grey List status. Ten of the said action items were already fully implemented, while the remaining eight are still pending. The country’s FATF “grey” listing is expected to continue to cast a shadow in its investment prospects this year due to the existing gaps in the government’s money laundering and terrorist financing policies. AMLC Executive Director Matthew M. David said that “most” of the eight remaining deficiencies identified by the FATF were only partly addressed. “One is not yet properly addressed. And the most challenging action item is regarding terrorism financing prosecution,” he said. (Read the BusinessMirror report, “PHL exit process from FATF grey list stalls,” January 3, 2024). President Marcos on Tuesday ordered the AMLC and other concerned government agencies to swiftly address the remaining concerns raised by the FATF, as these will continue to pose “reputational risk,” which can prevent the country from attracting more investors. “The Philippines is aiming to address all these deficiencies within 2024 and to trigger the exit process from this FATF grey listing,” David said. Our OFWs remit billions of dollars that help keep the country’s economy afloat. If the Philippines can’t get out of the Grey List soon enough, their financial transactions may come under increased scrutiny. Banks and financial institutions may impose stricter regulations and conduct more thorough due diligence on remittance transactions involving OFWs. The increased scrutiny and stricter regulations may lead to delays and restrictions on the financial transactions of OFWs. In other words, it may become more expensive for our OFWs to send money to their families. Removing the Philippines from the FATF’s Grey List would not only have economic and financial implications but also demonstrate the government’s commitment to the welfare of OFWs. By prioritizing efforts to meet international standards on anti-money laundering and counter-terrorism financing, the government can protect OFWs’ remittances, improve access to financial services, strengthen investor confidence, and enhance the country’s global reputation.

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‘Kulam’ in the legal sense Dennis Gorecho

Kuwentong Peyups

he country’s supernatural folklore is incredibly diverse and varies from region to region, including the belief on kulam or “witchcraft.”

In Pinoy movie landscape, “kulam” has been at the core of the horror movie genre and depicted in numerous format that it can, at some point, be hailed as one of the clichés of Filipino films. Kulam is black magic that specifically targets people who have committed a wrong. The mangkukulam either harms an effigy to cause corresponding harm to the victim, or physically “sends” objects into the victim’s body. The methods are activated by chants, spells, or symbols. In an article, former UP Diliman Chancellor Michael Tan noted that in medical dimensions, “kulam” is

a label attached to conditions that seem unexplainable, accompanied by guilt feelings about having done something wrong. The illness is then believed to be sent by an enemy who has hired a sorcerer. Sometimes too, the patient believes he or she has not done anything wrong and that the sorcery is sent by someone envious of his or her success or wealth. Kulam also became the centerpiece of some interesting decisions by the Supreme Court. In the 1966 case of People v. Sario (GR L-20754-20759), the Supreme Court explained that a “mangkuku-

lam” is a witch, or one who practices witchcraft as the term is derived from the Filipino word “kulam” which means “witchcraft, sorcery” while “mang” is “a prefix used to express oneself in or assumption of.” The English term “witch” means one who practices the black art, or magic; one regarded as possessing supernatural or magical power by compact with an evil spirit, especially with the devil; a sorcerer or sorceress. “Witchcraft” is the practice or art of witches; the practice of black magic; sorcery; enchantments; intercourse with evil spirits; also an instance of such practice. “Sorcery” is the use of power gained from the assistance or control of evil spirits, especially for divining; divination by black magic; necromancy witchcraft. In the Sario case, information charging the crime of oral defamation were filed against four accused for allegedly having called complainant a “mangkukulam.” The accused also attributed to her the death through witchcraft of three persons. They added that complainant inherited her power of witchcraft

from her father and that she had probably bequeathed it to her child. According to Article 353 of the Revised Penal Code, the public and malicious imputation of a crime, or a vice or defect, real or imaginary, or any act, omission, condition, status or circumstances tending to cause the dishonor, discredit or contempt of a natural or juridical person, or to blacken the memory of one who is dead, is libelous. The issue was whether the statements attributed to the accused may be considered libelous imputations. The Supreme Court stressed that the word “mangkukulam” is undoubtedly an epithet of “opprobrium.” To say that complainant is a witch and sorceress, the Supreme Court said, is to impute to her a vice, condition or status that is dishonorable and contemptible since it accuses her of having employed the black art; of possessing supernatural power by reason of a covenant with evil spirits; and of having trafficked with the devil. According to the lower court, to call another a “mangkukulam” or See “Gorecho,” A17

One attack, two interpretations: Biden and Trump both make the Jan. 6 riot a political rallying cry By Will Weissert | The Associated Press

ASHINGTON—Former President Donald Trump will spend Saturday’s third anniversary of the January 6 insurrection on the campaign trail in Iowa, holding two rallies in his bid to win back the White House. That is set to come a day after President Joe Biden visits a site near Valley Forge, Pennsylvania, where George Washington and the struggling Continental Army endured a tough winter during the American Revolution. His advisers say the stop in a critical swing state will highlight Trump’s role in the Capitol riot and be a chance for him to lay out the stakes of this year’s election. With Biden and Trump now headed toward a potential 2020 rematch, both are talking about the same event in very different ways and offering framing they believe gives them an advantage. The dueling narratives reflect how an attack that disrupted the certification of the election is increasingly viewed differently along partisan lines—and how Trump has bet that the riot won’t hurt his candidacy. Rioters loyal to Trump stormed the Capitol building in an attempt to stop Congress from certifying Biden’s victory, forcing lawmakers and then-Vice President Mike Pence to flee for their lives. Many walked to the Capitol after a rally outside the White House in which Trump

exhorted the crowd to “fight like hell” or “you’re not going to have a country anymore.” Nine deaths were linked to the attack and 700-plus people have gone to court for their roles in it, with more than 450 sentenced to prison. Federal prosecutors in Washington have charged Trump in connection with the riot, citing his promotion of false and debunked theories of election fraud and efforts to overturn the results. Trump has pleaded not guilty and continued to lie about the 2020 election. The former president has still built a commanding lead in the Republican primary, and his rivals largely refrain from criticizing him about January 6. He has called it a beautiful day and described those imprisoned for the insurrection as “great, great patriots” and “hostages.” He has played at some of his rallies a recording of “The Star-Spangled Banner” sung by jailed rioters interspersed with him reciting the Pledge of Allegiance. Republican strategist Alice Stewart said that “a lot of Republican voters don’t love January 6, but they’re not obsessed about it either” and may

support Trump because they oppose Biden’s economic policies. “Republican voters can hold two consecutive thoughts and say, ‘January 6, that wasn’t great, but that doesn’t affect my bottom line,’” she said. Florida Gov. Ron DeSantis called January 6 a “protest” that “ended up devolving,” and has more recently said Trump “should have come out more forcefully” against the rioters. Former United Nations Ambassador Nikki Haley frequently tells crowds that Jan. 6 “was not a beautiful day, it was a terrible day.” But views overall of the attack have hardened along partisan lines. In the days after the attack, 52 percent of US adults said Trump bore a lot of responsibility for January 6, according to the Pew Research Center. By early 2022, that had declined to 43 percent. The number of Americans who said Trump bore no responsibility also increased to 32 percent in 2022 compared to 24 percent in 2021. A Washington Post-University of Maryland poll released this week found that about 7 in 10 Republicans say too much is being made of the attack. Just 18 percent of GOP supporters say that protesters who entered the Capitol were “mostly violent,” down from 26 percent in 2021, while 77 percent of Democrats and 54 percent of independents say the protesters were mostly violent—es-

sentially unchanged from 2021. A December poll from The Associated Press-NORC Center for Public Affairs Research, meanwhile, found that 87 percent of Democrats and 54 percent of independents believe a second Trump term would negatively affect US democracy. Some 82 percent of Republicans believe democracy would be weakened by another Biden win, with 56 percent of independents agreeing. Biden marked the first anniversary of the riot in 2022 by standing inside the Capitol’s National Statuary Hall—which was flooded by proTrump rioters during the attack — to suggest that his predecessor and his supporters had had “a dagger at the throat of America.” Ahead of the 2022 midterm elections, the president repeatedly characterized Trump as a threat to democracy. That included a speech at Philadelphia’s Constitution Hall, where he said that the “extreme ideology” of Trump and his supporters “threatens the very foundation of our republic.” On the second anniversary of the attack in 2023, Biden awarded presidential medals to 14 people for their work protecting the Capitol during the attack and decried “a violent mob of insurrectionists.” More recently, he said there was “no question” Trump supported an insurrection. Associated Press writer Linley Sanders in Washington contributed to this report.

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Robin Doan’s mastery of forgiveness

Opinion BusinessMirror

An Instinct for Dragons (With apologies to David E. Jones) Tito Genova Valiente

annotations

hy Dragons? Of all the animals in the zodiac sign, the Dragon is considered to be the most divine. But, except for drawings and the imagination of writers, the dragon is one animal that belongs to fantasy, the make-believe, the illusory.

orgiveness is not an easy skill to acquire. Preachers often deliver sermons on forgiveness, friends casually bring up the topic and psychologists consider it to be “an important process in psychotherapy or counseling.”

Some misdeeds, betrayals and injustices are so deep and life-changing that sometimes it seems forgiveness is out of the question. That is not the case for Robin Doan, who, in 2009, forgave Levi King for wiping out her entire family in Pampa, Texas when she was just 10 years old. In an interview many years after the incident, King gave his reason for the massacre—he felt the need to kill to experience some perverted sense of peace. Madness. On the night of September 30, 2005, King entered the farmhouse of Robin’s family and shot everyone inside. Bullets grazed Robin’s left leg and arm, but she played dead for two and half hours to ensure that the intruder left the house before she called 911 for help. She explained on the phone that there was a shootout in her house, and that she thought she was the only one left alive. She waited for what seemed to her an eternity, and when the police finally came, Robin hugged Chad Brooks, the former deputy sheriff, while the rest of the law enforcers cleared the area. She was the lone survivor in the senseless killing spree by King that left Robin’s mother, stepfather, brother and her pet dog lifeless. The then 10-year-old Robin heard the screams of her mother who was six months pregnant and the 15 shots fired by King. Robin spent the following days with counselors and law enforcers who interviewed her and asked her to recount the events of that night. Life was never the same again for Robin. The first few weeks after the massacre, she lived with her grandmother. She then moved to the house of her father and his new wife. After which, she moved in with her aunt when she was in middle school—all in the Pampa area, not far from the farmhouse that brought her horrific memories. The trial of King took place in Texas four years after the incident. Robin was 14, and her testimony was needed to get a conviction for King for the murder of her family. All but one juror voted for the death penalty—which meant King could not be given the capital punishment be-

Gorecho . . .

continued from A16

“witch” is not a malicious imputation because nobody believes anymore in witches and witchcraft in this modern age. The Supreme Court, however, pointed out that the truths of the statements are open to question since the very declarations made by the accused attest to the contrary. In any event, the imputed vice or defect need not be real or existing in order that the imputation may be punishable; and imaginary vice or defect is sufficient. While belief in the existence of witches may have become passé, the terms “mangkukulam” and “witch” have accepted meanings from which it is clear that they are terms of derision, and for one to be so labeled is to be an object of contempt, even of odium. In People v. Roberto Oliquino (GR

cause there should be a unanimous vote for it. King was sentenced to life without the possibility of parole. When Robin made a victim’s impact statement, she addressed her family’s murderer and told him that she forgave him. In the Texas Monthly article that came out in 2014, she said: “I don’t know why I said what I said. Maybe I just wanted him to know that I wasn’t going to let my life be ruined by him—that I wasn’t going to let him take away the best of me. I wanted him to know my life was still going to turn out to be good, no matter what awful things he had done to me and my family.” After the trial, she set out to do the usual things that teenagers do in high school—study, enjoy and those extras such as becoming a cheerleader. In 2014, she was hoping to get a nursing degree from West Texas A&M University, in Canyon, not far from Pampa. King deprived Robin of many things: a regular childhood, motherless teenage years, a farm life she was so used to and sibling emotional bond that was shortened. In a completely senseless act of violence, King gave Robin what a former district attorney described as “cataclysmic” experience. Yet in four years’ time, Robin forgave King during his sentencing – it’s forgiveness he never sought, but which she gave anyway. She didn’t believe in tit for tat, eye for an eye, tooth for a tooth which ordinary mortals prefer. There was no dismay on her part when King dodged the death penalty. She moved on and didn’t speak about anger towards King after the trial. She focused on her goals, stayed in Pampa and continued to live her life free of resentment (watch the Lone Survivor Episode of 48 Hours on Youtube for the full story). Anger, indignation and bitterness towards people who have betrayed or wronged us can be heavy until we exact revenge. Some wait for karma —but that is not always swift. Perhaps, we can learn a thing or two from Robin Doan: acceptance and forgiveness can be “unburdening.” We should all try to forgive. 94703 May 31, 1993), the Supreme Court ruled that the delay in filing the complaint three months after the incident occurred does not automatically render the victim’s testimony as incredible. Her fear caused by the threat made by accused that he would kill her and her parents by putting a curse or “kulam” upon them, if she would tell anyone that he raped her, prevented her from immediately reporting the incident to her family and the authorities. While some individuals who consider the same as unbelievable or a farce may shrug off a threat of a curse or “kulam,” for a young and unsophisticated lass like Eden, it is not inconceivable that she took such threat seriously. Peyups is the moniker of University of the Philippines. Atty. Dennis R. Gorecho heads the seafarers’ division of the Sapalo Velez Bundang Bulilan law offices. For comments, e-mail info@sapalovelez. com, or call 0917-5025808 or 0908-8665786.

Friday, January 5, 2024 A17

In his book, An Instinct for Dragons, American anthropologist David E. Jones proposes the evolutionary concept that the universality of the dragon in myths and lores can be attributed to a composite of predators of hominids. The point is that this image of a fierce animal is in our system. Whether evolution does provide a key point in understanding the dragon, the animal has really flown across cultures and ages—from the dragons of the Greek and Roman civilizations to the Medieval era, from the Chinese calendar to the Buddhist calendar, where the dragon has become in places like Thailand, Cambodia, and Laos, into the figure called naga. Or Serpent. Now in 2024, the Dragon has reared once more its splendid head to augur for us the portents and predictions. For this year, it is not a mere dragon but a wooden one, a reminder again of the elements present in the discourse about the zodiac: Water, Fire, Air, Earth, and this year, Wood. The wood signifies growth and is often represented as a Tree. It should be interesting to look back at a certain era where the Dragon figured significantly. From January 1928 to February 1929, the Dragon swept across the heavens. As the Dragon augured prosperity and power, were there good signs during that year to prove these promises? 1928 saw the birth of a volcano, the process beginning in 1927, called Anak Krakatoa. It was also

in 1928 that Frederick Griffith, the British bacteriologist, began an experiment that went on to point to DNA as the genetic material, an accomplishment that could perhaps represent those persons born during the Dragon year as full of talents and accomplishment. If that was not enough, A le x a nder Fleming discovered penicillin. It was in 1928 that, for the record, Pedro Flores was recog nized as the inventor of the yo-yo. That same year, he opened the YoYo Manufacturing Company in California. Ancient records, however, would show that the yo-yo was first invented by the Greeks in 500 B.C. But, it was also in 1928 that the novel Lady Chatterley’s Lover was banned in the US and UK. The age of prosperity also saw in March the crack down of the Japanese on socialists and communists, which saw the arrest of some one

thousand people. In China, a Chinese warlord with the name Shi Yousan burned the Shaolin Monastery in Henan and with it the precious artifacts of the place. Interesting that the Dragon sign points to benevolent leadership. In 1941, which fell under the Metal Dragon, Pearl Harbor was bombed by the Japanese, an unfortunate event that eventually led to the Pacific War. If leadership, the quality of a person capable under the Dragon, is to be measured, cinema showed a true leader in the film Citizen Kane by Orson Welles.

In 1952, another Dragon Year, the Korean War broke out. Two nations would be built from one. If there are discrepancies in the predictions and prognosticos, it must be because during those years, these dragons were never tamed. But re-

member, the figure of the dragon changes according to culture and for every shift, there must be a corresponding alteration in the trait of the sacred animal. In other places, it is the naga, the serpent, the fish, and even the whale. Going back to the book of Jones, he states how the dragon changes according to its origin: in Asia, the animal is more benevolent while in Europe it causes chaos. Civilization was a coping mechanism for each community; there was a protocol to be followed in responding to the Naga, or to the Dragon. The Dragon-boats were a response to the Dragon. When the rowers brought the boat across softly and sometimes abrasively, it was said the Dragon were intimidated by the movement and shouting of all the devotees. In certain riverine processions, we see how the image of the Dragon or Serpent has been replaced by the Christian images. But deep within the ritual, we can feel the Dragon/Naga/ Serpent hiding deep under the river, trying to see the possibility of making its return. It is thus not impossible that in reckoning for the future, we have gone back to the age of dragons and naga, of serpents, for that is the only way to find our way back to our home. Green of all shades has been chosen as the lucky color. And on the first days of January 2024, we are able to protect ourselves from the uncertain future by simply wearing all shades of green. Such simplicity, and such true colors. E-mail: titovaliente@yahoo.com

Oil’s ample supply has analysts seeing tough year for crude By Yongchang Chin & Devika Krishna Kumar

upply is back in the driver’s seat for global oil markets. At issue is rising crude production from non-Opec+ nations including the US, which could outstrip global demand that’s still growing but at a slower pace. The oil cartel’s response has been to pledge deeper output cuts, but traders are skeptical they’ll be sufficiently implemented to fully eliminate a surplus. The combination has already pushed crude to its first annual decline since 2020—both Brent and West Texas Intermediate fell over 10 percent last year—upending expectations of higher prices stemming from a post-pandemic recovery. Complicating the picture further, speculators have tightened their grip on the market, fueling price swings that are sometimes divorced from fundamentals. Looking ahead “further than a quarter seems very difficult to me” said Trevor Woods, chief investment officer of commodities fund Northern Trace Capital LLC. “This year coming up is a tricky, tricky year.” Oil is relying heavily on the Organization of the Petroleum Exporting Countries and allies for support, and a collapse in the group’s earlier agreement to curb supply could send prices crashing, he said. There’s weakness coming through in multiple indicators. The Brent futures curve stood in a bearish contango structure for most of December, with contracts for nearterm barrels trading at discounts to later ones. And speculators in 2023 were the most bearish they’ve been on the commodity in more than a decade. Net-long positions held by non-commercial players across the major oil contracts on average stand at the lowest in records dating back to 2011, according to data compiled by Bloomberg. “The market may have finally moved into ‘show-me mode,’ which will require some combination of substantial stock draws, stronger

grades, structure and margins before buying interest returns,” said Vikas Dwivedi, Macquarie Group Ltd.’s global energy strategist. At least twice in 2023, money managers piled into short positions ahead of Opec+ meetings and responded to the group’s production cut announcements with waves of selling. Their diminishing faith in the cartel’s ability to balance the market has been further compounded by the rise of algorithmic trading, which can now account for nearly 80 percent of the daily trades in oil and increasingly fuels prices swings that are independent of fundamentals. A wave of consolidation among producers is also weakening the futures market’s link to physical flows. Speculators will need some convincing before deciding to turn decisively long on oil in 2024. Commodity hedge funds saw returns slump last year to the lowest since 2019, while raw-material prices logged their first decline in five years, according to Bloomberg indexes. Notably, oil trader Pierre Andurand’s eponymous hedge fund was headed for its worst loss on record.

Opec versus shale

Opec+’s additional 900,000 barrels a day of voluntary supply curbs, agreed to just a few weeks ago, are a sticking point for analysts and traders trying to price in global demand and supply balances. Traders wonder if the group will deliver enough of the cutbacks to rein in the looming surplus. The cartel faces a “balancing

There’s weakness coming through in multiple indicators. The Brent futures curve stood in a bearish contango structure for most of December, with contracts for near-term barrels trading at discounts to later ones. And speculators in 2023 were the most bearish they’ve been on the commodity in more than a decade. Net-long positions held by non-commercial players across the major oil contracts on average stand at the lowest in records dating back to 2011, according to data compiled by Bloomberg.

act,” said Parsley Ong, head of Asia energy and chemicals research at JPMorgan Chase & Co. It “revolves around the fact that US producers are fundamentally price sensitive. The higher Opec+ keeps oil prices by reducing production, the more traditional oil producers and US shale production will respond to that and boost supply.” In the US, weekly crude production hit a record 13.3 million barrels a day last month, as drillers from the Permian Basin in West Texas to the Bakken Shale of North Dakota ramped up oil production well beyond what analysts foresaw. And in 2024, output is expected to set a new all-time high, according to the US Energy Information Administration. Brazil and Guyana are also set to boost supplies significantly, contributing to a wave of new crude from the Americas.

Demand growth

ON the demand side, global consumption growth should slow as economic activity weakens, according to the International Energy Agency’s latest market outlook. The group forecasts demand will edge up by 1.1 million barrels a day this year.

While that’s less than half of 2023’s latest estimated growth rate, the figure is still high by historical standards. Consumption is normalizing after the once-in-a-generation disruption caused by the pandemic and in the US, growing expectations of a so-called soft landing are buoying energy demand. Still, the global picture is uneven with a rapid switch away from oil in some sectors. In China, Asia’s top crude importer, the electrification of cars is presenting structural headwinds for oil consumption, weighing on demand growth, said Anthony Yuen, head of energy strategy at Citigroup Inc. “This is limiting oil’s sensitivity toward wider macroeconomic factors,” he said. “In the past, economic indicators might directly translate into higher ground transportation and fuel demand,” but this relationship now appears to be weakening as electric vehicle uptake increases. Analysts are, however, mindful of geopolitical risks. Attacks in the Red Sea by Yemen-based Houthi militants remain in focus, and Russia is still waging war in Ukraine. The year’s opening week has already seen such risks come to the fore, with multiple attacks in the Red Sea by the Houthis and two of Libya’s oil fields, which normally pump about 365,000 barrels a day combined, shut by protesters. That’s adding to short-term price fluctuations and more uncertainty. But ultimately, global producers still have the power to withhold output to meet demand trends, although that will boil down to discipline and intention. “Opec+ is interested in maximizing their revenue, so it’s in their interest to consider producing more,” said Citi’s Yuen. “But I think it will depend on how production from non-Opec sources pans out over next year.”

With assistance from Grant Smith /Bloomberg

A18 Friday, January 5, 2024

INDONESIA’S PRESIDENT JOKO DUE IN PHL; NEW TIEUPS EYED By Samuel P. Medenilla @sam_medenilla

A L AC A ÑA NG on Thursday confirmed Indonesian President Joko Widodo is set to visit the country next week to explore possible new partnerships with the Philippines. Citing a statement from the Department of Foreign Affairs (DFA), the Presidential Communications Office (PCO) said Widodo will be in the country on January 9 to 11, 2024. It noted President Ferdinand R. Marcos, Jr. will meet the Indonesian leader on January 10. Among the issues they are expected to discuss are politics, economics, and people-to-

people relations. Widodo’s visit comes as the Philippines and Indonesia are to celebrate the 75th anniversary of their formal diplomatic relations in November. “President Ferdinand R. Marcos Jr. is pleased to welcome His Excel lenc y Joko Widodo, President of the Republic of Indonesia, for his upcoming official visit to the Philippines,” DFA said. Widodo has hosted Marcos in Indonesia thrice. The first was Marcos’s state visit to Indonesia in September 2022. It was followed by two more return visits last year for the President’s participation in the Association of Southeast Asian Nations (Asean) Summits.

Speaker seeks DOTr’s PUVMP review, House probe of ‘corruption’ By Jovee Marie N. dela Cruz @joveemarie

ENDING the implementation of protective measures for affected drivers and operators, Speaker Ferdinand Martin G. Romualdez on Thursday urged the Department of Transportation (DOTr) to conduct a thorough review of the Public Utility Vehicle Modernization Program and extend the period of its implementation. Romualdez, in a statement, addressed the ongoing jeepney modernization program, emphasizing the need for a comprehensive approach that not only upgrades vehicles but also prioritizes the welfare of jeepney drivers, who have been the backbone of the local transport industry for decades. “As we embrace progress and innovation, it is imperative that we address the need for modern, efficient, and environmentally friendly transport systems. The jeepney modernization program is not just about upgrading vehicles; it’s a comprehensive plan to rejuvenate our urban transportation landscape, making it safer, more reliable, and in tune with sustainable practices,” he said. Acknowledging the challenges faced by jeepney drivers and operators during this transition, Romualdez strongly advocated for protective measures to ensure their livelihood. The proposed measures include providing assistance for the acquisition of new vehicles, offering access to affordable financing options, and implementing training programs to help drivers adapt to emerging technologies. “However, it is crucial to ack nowledge t hat at t he hear t of this modernization are the jeepney drivers—the hardworking individuals who have been the backbone of our local transport industry for decades. Their welfare is our primordial concern. As we transition to modernized jeepneys, we recognize the challenges faced by drivers and operators,” he said. “Therefore, I strongly advocate for measures that protect the livelihood of our jeepney drivers. This includes providing assistance in the transition to new vehicles, ensuring access to affordable financing options, and offering training programs to he lp t he m a d apt to ne w

High global prices, low stock pull down PHL rice imports

By Jasper Emmanuel Y. Arcalas

@jearcalas

HE Philippines’s rice imports in 2023 declined by nearly 9 percent on an annual basis to nearly 3.5 million metric tons (MMT) due to volatile global market conditions such as higher prices and lower supply. Latest Bureau of Plant Industry (BPI) data showed that the country imported 3.483 MMT of rice last year, compared to the record-high 3.826 MMT volume in 2022. Despite the 343,000 MT difference, the Philippines’s rice imports last year was its second biggest volume in history, especially given the liberalized rice trade regime era that began in 2019. BPI data showed that 143 eligible private traders and importers brought in 3.483 MMT of rice last year, led by Bly Agri Venture Trading with a total import volume of 262,248 MT. The entity was followed by Orison Free Enterprise Inc. and Davao Solar Best Corp., which imported 230,271.88 MT and 222,768 MT of rice, respectively. As always, Vietnam remained as the country’s top rice supplier, cornering about 84 percent of the total import volume or about 2.935 MMT, based on BPI data.

It was followed by Thailand at 297,198.1 MT and Myanmar at 143,913 MT, BPI data showed. BPI data also showed the Philippines imported rice from these countries: Pakistan (86,100.71 MT), India (13,758.79 MT), Cambodia (3,615 MT), China (1,560 MT), Taiwan (1,250 MT), Japan (524.8 MT), Italy (12.36 MT) and Spain (0.96 MT).

High prices over volume

PUNDITS have emphasized that higher global rice prices were one of, if not the primary reason behind the fall in the country’s rice imports last year. The global rice market was shocked by India’s imposition of an export ban on non-Basmati rice varieties, sending average quotations for the grain through the roof. Nonetheless, the Philippines imported above 3 MMT of rice for the second time in history. The United States Department of Agriculture

(USDA) earlier projected that the Philippines would import 3.8 MMT in 2023. However, agriculture officials were confident that the country’s total rice imports last year won’t hit 3.8 MMT primarily because of the higher global rice prices. “Despite this [import volume] we still had a rice crisis last August to September, which indicates that the local deficit is actually increasing and imports are being tempered only because of high international prices,” Federation of Free Farmers National Manager Raul Q. Montemayor told the BusinessMirror. Montemayor said the growth of the local rice output has been lackluster to meet the country’s growing needs for the staple. “Population growth is outstripping production growth. So the deficit is increasing every year. And based on our studies of [Philippine Statistics Authority] data, even the claims of DA of improved production are overstated,” he said. Philippine Chamber of Agriculture and Food Inc. President Danilo V. Fausto noted that the “slight” improvement in domestic rice output contributed also to the decline in the country’s overall rice imports last year. Nevertheless, Fausto cautioned that the 3.5 MMT of imported rice would “only ensure” the country has sufficient stocks of staple food but would not guarantee cheaper prices as the global rice prices remain elevated.

No immediate reprieve

AGRICULTURE Assistant Secretary and Spokesperson Arnel De Mesa said the DA does not see rice prices declining drastically in the immediate future amid persisting local and global market conditions. De Mesa noted that the price of rice abroad remains pricey at around $600 per metric ton, while local rice production is threatened by the El Niño phenomenon. “The rice prices will not decline as much as we can expect because existing prices in the international market remain high,” he said on Thursday. De Mesa disclosed that the trade of locally-produced rice is now ongoing between traders since the wet harvest season is already done. De Mesa added that the country has about 80 to 90 days of national rice inventory since the start of 2024, brought about by the recent palay harvest and entry of imports. “We need to secure supplies because we will have additional challenges because of El Niño. We need to ensure first our supply,” he said. The DA earlier disclosed that it expects the entry of 571,000 MT of rice between December until February, with most of the volume coming in through private traders, as the country braces for the adverse effects of El Niño. (Related story: https://businessmirror.com.ph/2023/12/28/phlexpects-571mt-rice-to-come-intill-february)

ROMUALDEZ

technologies,” he added. In a proactive move, Romualdez revealed that discussions are underway to explore fixed-income opportunities for jeepney drivers. “We are exploring avenues to provide fixed income opportunities for drivers. This move aims to stabilize their earnings, helping them to plan and secure their financial futures more effectively. We believe that a stable income will not only benefit the drivers but will also contribute to a more organized and reliable transport system,” he added. “Until these measures aimed at protecting our jeepney drivers are set in place, I appeal to the Department of Transportation to conduct a complete review of the modernization program and extend the period of its implementation,” Romualdez added. The Speaker also called upon the chairman of the House Committee on Transportation to initiate an independent investigation into allegations of corrupt practices surrounding the conceptualization and planned implementation of the jeepney modernization program. “The reports allege that existing transport officials are in cahoots with previous officials in negotiating for the imported modern jeepney units that will replace the old units,” he said. “ W h i le we st r ide tow a rd s modernity and efficiency, we remain steadfast in safeguarding the welfare and livelihood of our jeepney drivers, who are an integral part of this journey. Together, we can achieve a transportation system that is reflective of the Philippines’ growth, respecting our traditions while paving the way for a more sustainable future,” he added.

QUIAPO CLEARING OPS The Special Operations Group-Strike Force of the Metropolitan Manila Development Authority (MMDA), led by Gabriel Go, conducts clearing operations along the Traslacion route on Palanca Street in Quiapo, Manila. The Traslacion is part of the annual Feast of the Black Nazarene, a significant event in Manila that draws large crowds. Scheduled for January 9, 2024, the procession brings together countless devotees to celebrate this religious feast. NONOY LACZA

Solons to push probe on Panay outages L AWMAKERS are actively pushing for an investigation into the power outage that occurred on Panay Island. On Thursday, Iloilo First District Rep. Janette Garin asserted that those responsible for the blackout would face accountability. A similar call came from House Deputy Minority Leader and ACT Teachers party-list Rep. France Castro, who asserted that the National Grid Corporation of the Philippines (NGCP) must be held accountable for the widespread blackout affecting Panay and some parts of Negros since January 2, even as she conceded that other entities should

also be liable for it. The chair of the Senate Public Services panel, Sen. Grace Poe, also sought an inquiry and lamented that the blackouts should have been averted if those responsible had heeded the lessons of the April 2023 blackouts in the same area. Garin stressed the need for urgent solutions to ensure a consistent and reliable electricity supply for everyone. She will file a resolution for the investigation of the power outage that affected areas such as Guimaras Island, Iloilo, Antique, Aklan, and Capiz, adversely impacting the livelihoods of residents, particu-

larly small business owners. “There are many damaged ingredients in our MSMEs restaurants. Fishermen’s fish is also spoiled,” she said. The National Grid Corporation of the Philippines reported that on January 2, power plants on Panay Island tripped, leading to a significant power outage. “Starting the year with such a major lapse is unacceptable! Millions of Panay residents are currently enduring heat and powerlessness due to the lack of preparation from the power players. Classes are suspended, and many businesses are affected,” Castro, for her part, said.

Castro, however, noted that the responsibility doesn’t lie solely with the power generators and NGCP. The distribution utility (DU), specifically MORE Electric and Power Corporation, is also under scrutiny. “Since MORE Power’s takeover of the distribution utility on the island, what has it done to improve its distribution infrastructure backbone and does it have seamless coordination with the system grid operator and the generators?” asked the Deputy Minority Leader. “Does it even have a system to help protect the grid from collapsing like a load-dropping mechanism? Continued on A3

Companies BusinessMirror

Editor: Jennifer A. Ng

Friday, January 5, 2024

Cirtek gets approval of Peza A Brown to open ₧700-M e-beam to make electric motorcycles facility in March

By VG Cabuag

@villygc

aguna-based Cirtek Holdings Philippines Corp. on Thursday said it secured the nod of the Philippine Economic Zone Authority (Peza) to manufacture and assemble electric motorcycles and lithium-ion battery packs at its Laguna Technopark in Biñan. The said approval was given to its unit Cirtek Advanced Technology and Solutions Inc. (Catsi), which announced the launch of its first-ever electric motorcycle assembly and lithium battery assembly facility in the Philippines. The company said it will begin production this year. Cirtek said it received the Peza approval on Thursday. “With a steadfast commitment to providing affordable and reliable mobility solutions, Catsi is set to transform the landscape of transportation in the region,” the company said. The company said it has partnered with one of the largest electric mo-

torcycle and lithium battery manufacturers in China. “This collaboration brings together the expertise and resources of two industry leaders, guaranteeing that our electric motorcycles meet the highest standards of performance, safety and innovation,” it said. “Although the Philippines lags behind our neighbors with regard to the adoption of electric vehicles, we expect a big turnaround in the industry very soon.” Manila-based Asian Development Bank, based on its publication in 2022 about the Electric Motor-

Photo from www.cirtekelectronics.com

cycle Roadmap, expects around 300 million units in Asia by the year 2030. In the Philippines, there are an estimated 18.8 million registered and unregistered gas motorcycles. This is expected to increase by a compounded annual growth rate of 22 percent, the highest in Southeast Asia. Cirtek said it is targeting target at least 1 million units within three to four years for the domestic market alone, “as we expect most consumer will embrace the electric vehicle

especially the 2-wheel as the main transport solution.” “ With the company’s longstanding legacy in the electronics industry, we are poised to introduce new technologies and innovations to the electric mobility sector. Our deep understanding on quality products positions us as a key player in driving advancements within the industry, ensuring that our electric motorcycles not only meet but exceed the expectations of our customers.”

isted A Brown Co. on Thursday said its unit Irradiation Solutions Inc. (ISI) is set to begin commercial operations in March with the completion of the construction of the country’s first e-beam and cold storage facility in Tanay, Rizal. The P700-million facility is now in the equipment installation and commissioning phase. It will have the capacity to treat 20,000 tons of food products and medical devices annually. Despite delays in its completion due to weather and supply chain disruptions, ISI President Paul B. Juat remains optimistic on its target commercial operation launch. “Our team’s resilience has kept us on track. We are confident that the completion of this project will significantly improve the Philippines’ export capabilities. This is significant for the Philippine fruit and fisheries sector, which faces challenges in adhering to stringent international standards of product quality and safety.” The facility utilizes electron beam, or e-beam, technology, which is a cost-effective and safe method for treating goods. The said technology is recognized for its environmental friendliness, leaving no chemical residues, and is

scientifically proven effective in decontaminating food and sterilizing medical equipment. ISI said the technology ensures high product throughput and stands as a sustainable alternative to traditional heat and chemical treatments. “The construction of the new facility is in line with ISI’s vision of becoming a cornerstone for the Philippine economy. It is designed to enhance the operations of local businesses and ensure product compliance with international export requirements,” it said. “We’re looking forward to the operational phase of our facility. Our goal is to empower local businesses, helping them reach international markets more effectively. This facility is not just an investment in technology; it’s an investment in the Philippine economy and its people,” A Brown Chairman Walter Brown said. A Brown said its net income in January to September 2023 rose by 13 percent to P248.7 million from the P220.27 million recorded in 2022. Revenue streams from real estate sales, sale of agricultural goods and water service income reached P329.1 million, a 9-percent growth from the P302.62 million posted in 2022. VG Cabuag

Meralco begins CSP for 600MW TikTok eyes $17.5-B By Lorenz S. Marasigan @lorenzmarasigan

he Manila Electric Co. (Meralco) has initiated the competitive selection process (CSP) for the acquisition of 660MW of interim power supply in response to the anticipated surge in electricity demand during the dry months. Following the Department of Energy’s (DOE) approval, Meralco’s CSP aims to secure a 260-MW peaking requirement and a 400-MW baseload requirement. The procurement of these interim supplies is a step toward

Cruise stocks sputter

ruise stocks, which led the travel-and-leisure industry as one of the market’s best surprises in the past 12 months, are slumping in the first trading days of 2024 as investors punish last year’s winners. Just two sessions into 2024, cruise operators are among the worst performers within the S&P 500 index. Norwegian Cruise Line Holdings has so far dropped 14 percent, the company’s biggest two-session slump since early August. And Carnival Corp. and Royal Caribbean Cruises are just behind, with 12 percent and 9.3 percent declines, respectively, so far this week. The early losses are evidence of just how demanding investors have become for the industry to offer fresh, positive catalysts after a banner 2023. Resilient consumer spending habits—even in the face of elevated interest rates and geopolitical angst—led all three major US cruise stocks to post their best annual gain since going public. Bloomberg News

addressing the seasonal power demand spikes. The 260-MW and 400-MW Interim Power Supply Agreements (IPSAs) are set to be operational until July 2024 and February 2025, respectively. Power generation companies may submit Expressions of Interest until January 15. The CSP will advance with Pre-Bid Conferences for both the peaking and baseload requirements scheduled for January 22. The final bid submission deadlines are set for February 26 and 27, respectively. The Department of Energ y (DOE) Electric Power Industry

Management Bureau last month said the power demand in 2024 is expected to increase by 10.9 percent in Luzon, 17.6 percent in Visayas, and 11.6 percent in Mindanao. Peak demand for the Luzon grid is seen to reach 13,917MW. For the Visayas and Mindanao grids, peak demand is expected to be at 2,891MW and 2,584MW, respectively. Last year, peak demand was at 12,550MW for Luzon, 2,458 for Visayas, and 2,315MW for Mindanao. In the first half of 2023, Meralco energy sales volumes rose by 3 percent to 24,792 gigawatt hours

(GWh) from the 23,968 GWh recorded in 2022. Monthly sales volume breached the 4,000-GWh level posted in April and reached a high of 4,643 GWh in June. From January to June 2023, higher temperature and humidity during the dry season drove the increase in demand for electricity from the residential segment while the continuing economic recovery was the main driver of commercial segment sales. The company said this was mainly driven by an increase in electricity demand mostly from Meralco’s commercial and residential customers.

shopping business on Amazon’s turf

Salaries of PHL workers seen rising in ’24 By Andrea E. San Juan @andreasanjuan

alary increases are expected for employees in the Philippines for 2024 to counter the impact of inflation and to attract and retain top talent in a competitive job market, according to a survey conducted by global human resources consulting firm Mercer. Based on Mercer’s Total Remuneration Survey (TRS) 2023, employees in the Philippines can expect a median salary increment of 6.2 percent for 2024, up from the actual 6 percent in 2023. The study noted that “the projected hike in median salary increment can be attributed to factors such as the rising demand for skilled professionals, the need to attract and retain top talent in a fiercely competitive job market, and persistent inflationary pressures.” In a statement issued by the HR consulting firm on Thursday, Mercer said the survey which was conducted between April and June last year, gathered data from 454 organizations across various industries in the Philippines. As for the salary increments across industries in the country,

the energy sector is projected to record the highest salary increase at 7 percent, followed closely by high tech at 6.8 percent, retail and wholesale at 6.7 percent, and consumer goods at 6.5 percent as these industries continue to invest more in their “talent management strategy including promotions and market adjustments,” Mercer noted. Floriza I. Molon, Business Leader at Mercer Philippines, said “[the] Philippines is poised for economic growth despite some global headwinds.” She said that some industries will continue to hire as businesses, particularly in shared services and outsourcing industry, retail and consumer sectors expand. Besides compensation, however, Molon stressed that “companies would need to reassess their total rewards programs focusing on the employee benefits and work experience.” Citing the Mercer Global Talent Trends 2023 report, the company official said employees stay in organizations that provide job security, work flexibility and high pay. “Employees are also expecting benefits and career opportunities within their organizations. The abil-

ity to provide these creates a more holistic and strategic management on talent in the workplace.” Meanwhile, Mercer said the country’s projected median salary increment of 6.2 percent is above the Asia average of 5.2 percent, reflecting the “varying pay progression” between emerging and developed economies in the region. “India and Vietnam and Indonesia report the highest projected median salary increments for 2024 at 9.3 percent, 7 percent, and 6.5 percent respectively, while Japan, Taiwan, and Hong Kong SAR report the lowest at 2.6 percent, 3.8 percent and 3.9 percent respectively,” Mercer said. Other countries included in the survey are Singapore with a salary increment for 2024 at 4.2 percent; South Korea, 4.4 percent; Thailand, 4.7 percent; Malaysia, 5.1 percent; and Mainland China-Shanghai, 5.2 percent. According to Mercer, the Total Remuneration Survey is the firm’s “flagship annual compensation and benefits benchmarking study” which identifies current pay practices and benefits policies, as well as budget, hiring and turnover trends for the year ahead.

Bloomberg News

yteDance Ltd.’s TikTok aims to grow the size of its US e-commerce business tenfold to as much as $17.5 billion this year, according to people familiar with the matter, posing a bigger threat to Amazon.com Inc. The 2024 merchandise volume goal for the United States version of TikTok Shop—which melds online entertainment with impulse buying—was discussed in internal meetings in recent weeks and may still change depending on how the business goes, said the people, who asked not to be named discussing private information. TikTok’s ambitious target sets up a clash not just with Amazon but also fellow Chinese-owned outfits Temu and Shein, who’ve been making big strides among younger American shoppers. Unlike its two rival discounters, TikTok is counting on its social media reach and the appeal of viral videos to hook buyers. TikTok was last year on track to amass around $20 billion in global gross merchandise value, with Southeast Asia contributing the

bulk of sales through its platform, Bloomberg News reported. Now, the company is seeking to expand sales in the US and Latin America, where it’s planning to launch the e-commerce operation in coming months, two people familiar with the matter said. “The speculated US merchandise sales figures represented by Bloomberg are inaccurate,” TikTok said in a statement. ByteDance, founded more than a decade ago by Zhang Yiming and Liang Rubo, grew into an internet leader worth more than $200 billion thanks to the virality of short-video platforms TikTok and Douyin. TikTok Shop is one of the fastest-growing features for the Beijing-based, closely held company, which is seeking a new growth driver beyond social-media advertising. ByteDance’s revenue surged roughly 30 percent in 2023 to more than $110 billion, outpacing the projected growth of far more established social media rivals Meta Platforms Inc. and Tencent Holdings Ltd. Continued on B2

Companies BusinessMirror

Friday, January 5, 2024

Adopt ‘flexible approach’ to power generation, govt told

By Lorenz S. Marasigan

@lorenzmarasigan

boitiz Power Corp. urged the government on Thursday to adopt a flexible and inclusive approach to power generation, as the Philippines braces for potential challenges in the energy sector this year. Emmanuel Rubio, the company’s president and CEO, said the Philippines is better off if it will “run all available sources of power and be open to all technologies to ensure the continuous provision of electricity.” Facing global uncertainties and a projected increase in electricity demand, Rubio emphasizes the need for a diversified energy mix and efficient infrastructure. Rubio said the anticipated 6.6-percent rise in electricity consumption necessitates an additional 600MW to 700MW of power. To meet this demand, he said AboitizPower advocates for the utilization of all available power sources and the adoption of various technologies. This strategy aims to ensure energy security and alleviate energy poverty in the Philippines. “This substantial increase in

electricity demand underscores the pivotal role of power generation, transmission, and distribution companies in meeting this need. This requires significant infrastructure development, including constructing new power plants (both conventional and renewable), expanding the grid to ensure that power reaches demand centers, and improving the services, reach, and efficiency of our electric cooperatives and distribution units throughout the country.” Aside from global supply chain “uncertainties due to geopolitical events” and the “insufficient transmission infrastructure,” Rubio said the industry is also challenged by the effects of El Niño on the production output of hydroelectric power plants. “There needs to be sufficient transmission capacity that can sup-

tion mix. Rubio said the company is actively contributing to the Philippines’s renewable energy goals, with plans to launch various projects in 2024, including the Tiwi Binary Geothermal Power Plant and the Laoag solar project. Additional projects are slated for completion by early 2025, further expanding the country’s renewable energy capacity. AboitizPower has close to 1,000MW of renewable energy projects in the pipeline en route to building at least 4,600MW over the next decade. To support and attract investments in the energy sector, Rubio calls for improvements in the implementation of the Ease of Doing Business Act and the Energy Virtual One-Stop Shop. Streamlining the permitting process for energy projects is seen as crucial to enhancing the competitiveness of electricity prices and ensuring a stable energy supply for the Philippines. “Little to no red tape and a rationalized bureaucratic process is a plus for prospective investors. Attracting new investments, particularly in generation—which accounts for more than 50 percent of an electricity bill—increases the supply and can make electricity prices more competitive.”

port the influx of new generation capacity—mostly variable renewable energy—so that when it comes online it can immediately contribute much needed supply to the grid,” he said. “Finishing long-overdue transmission projects will also be very welcome as it can free stranded capacity like that in Mindanao and help support thin margins elsewhere in the country.” Amid the challenges, Rubio said AboitizPower remains confident in its ability to support the country’s growing electricity needs, citing its diverse generation assets and commitment to high operational standards. “While we see tight market conditions, we, at AboitizPower, are confident in our fundamentals and our diverse fleet of generation assets,” Rubio said. “We are dedicated to running our power plants with world class availability and efficiency to help mitigate the country’s thin supply margins and reliably support the aggregate demand, as we did in 2023.” The company, he noted, is focused on increasing megawatt hour generation through higher plant availability and new capacities, especially with the expected decline in coal prices. Currently, coal makes up about 60 percent of the Philippines’s genera-

TikTok eyes $17.5-B shopping business on Amazon’s turf Continued from B1

TikTok Shop lets users buy items while scrolling through a perpetual feed of short videos and live streams within its main social media app, hoping consumers use it as an alternative to Amazon or Sea Ltd.’s Shopee. That format—an effort to combine the ease of shopping on Amazon with the product discovery afforded by apps like Meta’s Instagram—has already helped Douyin snatch a significant portion of Chinese consumer spending from Alibaba Group Holding Ltd. and JD.com Inc., particularly after lockdown rules during the pandemic drove people to spend more time online. ByteDance is intent on exporting its e-commerce model globally. In the US, TikTok is offering free shipping and subsidies to inf luence r s w ho peddle gadgets, clothes a n d makeup in videos a nd l ive st rea ms.

In November, boosted by Black Friday and Cyber Monday deals, more than 5 million new US customers bought something on TikTok, the company said. It has roughly 150 million users in the country. TikTok on Wednesday announced it will increase fees imposed on merchants to 6 percent of each sale beginning in April and to 8 percent in July in most product categories, marking an end to promotions used to entice sellers. Those commissions are still significantly lower than Amazon seller fees, which are typically about 15 percent, but the boost signals TikTok is quickly moving to generate revenue from its e-commerce platform. Americans are increasingly comfortable shopping on Chinese e-commerce apps, including the popular fashion site Shein and PDD Holdings Inc.’s Temu, which has exploded in popularity since airing a Super Bowl ad in February. It’s unclear what sales targets TikTok Shop has set globally or for other markets. In Indonesia, TikTok has taken control of GoTo Group’s e-commerce unit Tokopedia in a $1.5- billion deal, which allowed the company to restart its online retail service after months of scrutiny by the local government. Bloomberg News

MUTUAL FUNDS

January 4, 2024

NAV

One Year Three Year

Five Year

Y-T-D

per share Return*

Return

Stock Funds 1.76%

-2.29%

1.4832

9.32%

4.14%

0.34%

ATRAM Philippine Equity Opportunity Fund, Inc. -a 2.9739

ALFM Growth Fund, Inc. -a

211.95

2.36%

-1.73%

Climbs Share Capital Equity Investment Fund Corp. -a 0.703

1.17%

-4.4%

First Metro Consumer Fund, Inc. -a

-5.16%

-5.61% n.a

ATRAM Alpha Opportunity Fund, Inc. -a

0.6327

-3.87%

First Metro Save and Learn Equity Fund, Inc. -a 4.646-0.14%

-3.88%

-2.04%

-0.43%

-3.08%

-0.39% 1.87%

1.47%

-5.8%

-2.17%

-5.04% n.a -0.32%

-0.35%

First Metro Save and Learn Philippine Index Fund, Inc. -a 0.697-0.87%

-2.85% n.a n.a

MBG Equity Investment Fund, Inc. -a

84.74

12.82%

-5.8%

-6.45% n.a

PAMI Equity Index Fund, Inc. -a 43.2358

-0.18%

-2.64%

-3.1% n.a

Philam Strategic Growth Fund, Inc. -a

450.08

1.36%

-2.73%

-3.15%

1.2123

2.17%

1.24%

-1.16% n.a

Philequity Fund, Inc. -a

1.37%

-0.91%

-2.08%

Philequity MSCI Philippine Index Fund, Inc. -a 0.8699 2.15%

-1.6%

Philequity PSE Index Fund, Inc. -a

4.5435

Philippine Stock Index Fund Corp. -a

0.77%

-1.75%

-0.35%

1.27%

756.1

0.66% 2.68%

-1.38%

-4.8% n.a

-0.2%

-0.03%

-2.32%

-4.13%

-0.39%

Sun Life Prosperity Philippine Stock Index Fund, Inc. -a 0.8573 0.34%

-2.25%

-2.68% n.a

United Fund, Inc. -a

0.54%

-0.24%

0.01%

-2.2%

-2.84%

1.29%

-0.69% -0.33%

0.6896

3.1052

-2.37%

0.5%

-0.36%

-2.79% n.a -2.3%

-0.43%

Sun Life Prosperity Philippine Equity Fund, Inc. -a 3.3778

Soldivo Strategic Growth Fund, Inc. -a

-1.93%

1.44%

0.04%

-0.14%

-0.33%

Philequity Dividend Yield Fund, Inc. -a 33.8307

-0.13% 0.85%

1.04%

-0.32% -0.26% -0.34%

Primarily invested in Peso securities (units) COL Equity Index Unitized Mutual Fund, Inc. -a 1.06310.38% n.a n.a n.a

-0.34%

COL Strategic Growth Equity Unitized Mutual Fund, Inc. -a,2 1.0083 n.a n.a n.a n.a -0.14% Philequity Alpha One Fund, Inc. -a

1.0168

-3.82%

-2.51% n.a n.a

0.01%

Philippine Stock Index Fund Corp. -a

917.87

0.62% n.a n.a n.a

-0.31%

Exchange Traded Fund (shares) First Metro Phil. Equity Exchange Traded Fund, Inc. -a,c102.70341.27% -1.53%

-2.05%

1.97%

-0.31%

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

$0.8103

-5.79%

-11.98%

-2.51%

-1.69%

0.01%

Sun Life Prosperity World Voyager Fund, Inc. -a $1.6448

15.51%

-0.48%

8.06% n.a

-0.89%

Balanced Funds Primarily invested in Peso securities (shares) ATRAM Dynamic Allocation Fund, Inc. -a 1.5174

2.26%

-1.39%

-0.79%

ATRAM Philippine Balanced Fund, Inc. -a 2.2237

5.66%

-0.91%

-0.2%

0.55%

-0.51%

First Metro Save and Learn Balanced Fund, Inc. -a 2.4991

-0.28%

-3.12%

-1.99% -1.65%

-0.74%

-0.75%

First Metro Save and Learn F.O.C.C.U.S. Dynamic Fund, Inc. -a 0.1908

-1.24%

-1.33% n.a n.a

-0.35%

0.21% 1.9412

-0.42%

-0.44%

0.8%

PAMI Horizon Fund, Inc. -a

NCM Mutual Fund of the Phils., Inc. -a 3.5605

3.6%

-2.04%

0.29%

0.76%

-0.52%

Philam Fund, Inc. -a

15.583

3.03%

-2.74%

-0.46%

0.4%

-0.49%

1.59%

Solidaritas Fund, Inc. -a

2.035

2.34%

-0.95%

-0.14%

-0.67%

1.18%

-0.23%

Sun Life of Canada Prosperity Balanced Fund, Inc. -a 3.4077

2.21%

-1.57%

-1.71%

0.07%

Sun Life Prosperity Dynamic Fund, Inc. -a 0.9014

0.51%

-0.82% n.a

-0.69%

2.62%

-0.39%

Primarily invested in Peso securities (units) Sun Life Prosperity Achiever Fund 2028, Inc. -a 0.94193.37%

-2.7% n.a n.a

-0.17%

Sun Life Prosperity Achiever Fund 2038, Inc. -a 0.8481.34%

-3.69% n.a n.a

-0.68%

Sun Life Prosperity Achiever Fund 2048, Inc. -a 0.82780.46%

-3.91% n.a n.a

-0.56%

Primarily invested in foreign currency securities (shares) -5.45%

-1.31%

0.2%

-0.36%

-0.91%

0.6%

Sun Life Prosperity Dollar Advantage Fund, Inc. -a $4.2538

Cocolife Dollar Fund Builder, Inc. -a

$0.03307

10.62%

-1.84%

Sun Life Prosperity Dollar Wellspring Fund, Inc. -a $1.0333

6.37%

-3.89%

PAMI Asia Balanced Fund, Inc. -b$0.9091

1.46%

2.57% -7.31%

-0.54% 2.83%

1.46% n.a

-0.81% -0.78%

Bond Funds Primarily invested in Peso securities (shares) ALFM Peso Bond Fund, Inc. -a 390.56

3.4%

1.72%

2.6%

2.23%

0.01%

ATRAM Corporate Bond Fund, Inc. -a

1.9093

1.7%

0.16%

0.53%

0.05%

0.03%

Cocolife Fixed Income Fund, Inc. -a

3.3233

3.16%

1.13%

2.24%

3.74%

-0.11%

4.63%

-0.31%

1.31%

1.41%

-0.51%

2.5%

Ekklesia Mutual Fund, Inc. -a 2.2749

-0.06%

2.07%

2.5%

-2.66%

2.53%

0.9%

-0.72%

Philam Managed Income Fund, Inc. -a

First Metro Save and Learn Fixed Income Fund, Inc. -a 2.4493 1.3739

1.31%

3.15%

1.78%

-0.01%

Philequity Peso Bond Fund, Inc. -a

4.0335

-0.1%

Soldivo Bond Fund, Inc. -a

3.11%

Philam Bond Fund, Inc. -a

4.2739

2.75%

1.66%

0.24%

3.27% n.a

-0.04%

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

3.3004

4.82%

0.97%

3.57%

2.21%

Sun Life Prosperity GS Fund, Inc. -a

4.08%

0.17%

2.72%

1.58%

-0.39%

1.0494

1.7639

4.42%

0.27%

1.11%

-0.39%

-0.44%

Corporate Debt Vehicle (units) ATRAM Unitized Corporate Debt Vehicle, Inc. -a,3

1.0083 n.a n.a n.a n.a

0.12%

Primarily invested in foreign currency securities (shares) ALFM Dollar Bond Fund, Inc. -a $495.16

3.14%

0.77%

ALFM Euro Bond Fund, Inc. -a Є213.94

2.06%

-0.8%

ATRAM Total Return Dollar Bond Fund, Inc. -b$1.0423.13%

2.55%

-0.01%

0.1%

0.85%

-0.04%

-6.64%

-1.58%

0.18%

First Metro Save and Learn Dollar Bond Fund, Inc. -a $0.0248 4.64%

-2.31%

-0.08% n.a

PAMI Global Bond Fund, Inc. -b$0.8564

-1.03%

-7.8%

-3.8%

-3.01%

0.01%

Philam Dollar Bond Fund, Inc. -a

$2.304

6.18%

-3.14%

1.11%

1.95%

-0.68%

1.68%

-0.75%

1.35%

1.6%

0.01%

3.39%

-4.61%

-0.53%

0.59%

Philequity Dollar Income Fund, Inc. -a $0.0609296

Sun Life Prosperity Dollar Abundance Fund, Inc. -a $2.7985

0.07% 0%

-1.36%

Money Market Funds Primarily invested in Peso securities (shares) ALFM Money Market Fund, Inc. -a 136.91

2.74%

1.79%

2.51%

2.05%

0.04%

First Metro Save and Learn Money Market Fund, Inc. -a 1.1087 3.25%

1.89% n.a n.a

Sun Life Prosperity Peso Starter Fund, Inc. -a 1.37612.79%

2.45%

2.01%

2.03%

0.04%

0.05%

Primarily invested in Peso securities (units) ALFM Money Market Fund, Inc. -a 104.67

4.15% n.a n.a n.a

0.11%

Primarily invested in foreign currency securities (shares) Prosperity Dollar Starter Fund, Inc. -a $1.0979

2.59%

1.42%

1.56% n.a

Sun Life

0.07%

1.459

18.36%

Sun Life Prosperity World Income Fund, Inc. -a,1

9.43% n.a n.a

0.9997 n.a n.a n.a n.a

-0.02%

Primarily invested in foreign currency securities (Units) a - NAVPS as of the previous banking day. 1 - Launch date is August 22, 2023.

-6.68% n.a n.a

b - NAVPS as of two banking days ago.

2 - Launch date is October 6, 2023.

-1.45%

c - Listed in the PSE.

3 - Launch date is May 25, 2023.

“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.”

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

ASIA UNITED BDO UNIBANK BANK COMMERCE BANK PH ISLANDS CHINABANK CITYSTATE BANK EAST WEST BANK METROBANK PB BANK PBCOM PHIL NATL BANK PSBANK SECURITY BANK UNION BANK BRIGHT KINDLE COL FINANCIAL FIRST ABACUS FILIPINO FUND MEDCO HLDG MANULIFE PHIL STOCK EXCH SUN LIFE

33.3 130 7 104 31.1 5.7 8.52 53.85 8.6 14.02 18.64 53.6 71.55 47.35 1.38 2.65 0.61 3.6 0.086 1,130 175 2,720

33.5 130.6 7.29 104.1 31.2 8.48 8.6 53.9 8.8 17.58 18.66 55.5 71.6 47.4 1.39 2.66 0.7 6.2 0.11 1,170 176.4 2,730

32.5 127.5 7 103.5 30.95 8.49 8.6 53 8.6 14.12 18.46 53 71.6 48.6 1.41 2.56 0.58 4 0.086 1,200 176.9 2,730

34 131.3 7.29 104 31.2 8.49 8.6 54 8.6 14.12 18.64 53.65 72.1 48.6 1.41 2.65 0.67 4 0.086 1,200 176.9 2,730

32.5 125.7 7 103 30.95 8.49 8.5 52.85 8.6 14.04 18.46 53 71.25 47.25 1.39 2.56 0.58 4 0.086 1,200 175.1 2,720

33.5 130.6 7.29 104 31.2 8.49 8.5 53.9 8.6 14.04 18.64 53.65 71.6 47.4 1.39 2.65 0.6 4 0.086 1,200 176 2,720

10,900 2,552,460 1,400 4,295,970 39,000 300 95,700 2,279,520 4,500 2,100 68,600 680 139,730 324,000 21,000 279,000 306,000 2,000 690,000 10 2,620 190

365,700 330,744,226 9,887 445,605,131 1,210,495 2,547 814,539 122,345,035.50 38,700 29,562 1,274,892 36,365 10,021,100 15,379,750 29,210 723,000 183,830 8,000 59,340 12,000 461,786 516,950

INDUSTRIAL

99,303,799 65,670,421 538,900 54,308,602 -79,978 -1,924,073.50 -3,467,515 -503,200 -271,013 476,000

ACEN CORP 4.24 4.3 ALSONS CONS 0.55 0.56 ALTERNERGY HLDG 0.77 0.78 ABOITIZ POWER 37.7 37.75 RASLAG 1.2 1.21 BASIC ENERGY 0.178 0.183 FIRST GEN 17.92 17.94 FIRST PHIL HLDG 62.7 62.75 JOLLIVILLE HLDG 6.01 6.5 MERALCO 393.8 397 MANILA WATER 18.56 18.68 PETRON 3.48 3.5 PETROENERGY 4.76 4.95 REPOWER ENERGY 6.93 7.09 SEMIRARA MINING 29.9 30 SYNERGY GRID 6.51 6.52 SHELL PILIPINAS 10.8 10.82 SPC POWER 7.14 7.2 SP NEW ENERGY 1.29 1.3 VIVANT 15.02 15.94 AGRINURTURE 0.76 0.78 AXELUM 2.28 2.3 CENTURY FOOD 30.6 31 DEL MONTE 6.2 6.35 DNL INDUS 6.4 6.48 EMPERADOR 20.75 20.9 SMC FOODANDBEV 50.25 50.5 FIGARO COFFEE 0.64 0.65 FRUITAS HLDG 0.93 0.94 GINEBRA 167.3 168 JOLLIBEE 256 256.2 KEEPERS HLDG 1.43 1.44 MAXS GROUP 3.27 3.37 MG HLDG 0.094 0.098 MONDE NISSIN 8.57 8.59 SHAKEYS PIZZA 10 10.02 ROXAS AND CO 0.44 0.45 RFM CORP 2.99 3 SWIFT FOODS 0.055 0.062 UNIV ROBINA 121.9 122 VITARICH 0.51 0.52 VICTORIAS 3.05 3.27 CONCRETE A 40.1 58.85 CEMEX HLDG 0.91 0.93 EC VULCAN CORP 0.59 0.6 EEI CORP 6.2 6.23 MEGAWIDE 3.08 3.09 PHINMA 20 20.3 CROWN ASIA 1.52 1.55 EUROMED 0.72 0.74 PRYCE CORP 5.2 5.36 CONCEPCION 13.78 14.48 GREENERGY 0.226 0.229 INTEGRATED MICR 3.1 3.12 IONICS 1.02 1.03 PANASONIC 4.99 5.61 SFA SEMICON 2.31 2.39 CIRTEK HLDG 1.6 1.65

4.35 0.56 0.79 37.8 1.22 0.184 17.8 62.5 7.2 391 18.38 3.48 4.85 7.09 30.3 6.5 10.82 7.12 1.34 15.94 0.8 2.28 31 6.18 6.35 20.85 51 0.62 0.97 168.7 254 1.45 3.49 0.094 8.5 9.9 0.45 3 0.055 119.9 0.5 3.02 59.45 0.91 0.59 5.98 3.1 20.2 1.56 0.72 5.2 14.48 0.23 3.15 1.01 5.64 2.35 1.62

4.36 0.56 0.79 37.9 1.22 0.184 17.96 62.7 7.2 399 18.68 3.5 4.95 7.1 30.3 6.57 10.88 7.14 1.34 15.94 0.81 2.28 31 6.4 6.55 20.95 51 0.65 0.97 169 256.2 1.45 3.49 0.094 8.69 10.04 0.45 3 0.055 122.8 0.51 3.02 59.45 0.93 0.6 6.3 3.1 20.4 1.56 0.72 5.36 14.48 0.23 3.18 1.03 5.64 2.4 1.65

4.24 0.56 0.77 37.5 1.18 0.178 17.8 62.5 6.5 390 18.38 3.48 4.85 7.09 29.9 6.41 10.8 7.09 1.28 15.94 0.72 2.28 30.5 6.18 6.34 20.65 49.9 0.61 0.89 165.9 252 1.43 3.23 0.094 8.41 9.9 0.44 2.99 0.055 119.6 0.47 3.02 58.95 0.91 0.58 5.98 3.07 19.5 1.52 0.72 5.19 14.48 0.226 3.06 1 4.94 2.31 1.6

4.24 0.56 0.78 37.7 1.22 0.183 17.92 62.7 6.5 397 18.56 3.5 4.95 7.09 29.9 6.52 10.82 7.14 1.3 15.94 0.76 2.28 31 6.35 6.4 20.75 50.5 0.65 0.94 168 256 1.44 3.27 0.094 8.57 10 0.45 3 0.055 122 0.51 3.02 59 0.93 0.6 6.2 3.09 20.4 1.52 0.72 5.19 14.48 0.229 3.1 1.02 4.99 2.31 1.65

9,298,000 109,000 519,000 169,800 205,000 130,000 171,000 8,400 4,400 183,530 536,500 87,000 5,000 13,100 1,420,800 349,000 226,700 87,900 88,999,000 600 18,135,000 16,000 2,858,200 57,100 2,595,500 892,200 7,670 9,886,000 4,749,000 6,800 744,030 997,000 130,000 300,000 4,055,200 109,600 730,000 82,000 1,410,000 1,161,850 2,327,000 1,000 210 89,000 391,000 1,509,000 201,000 1,200 111,000 22,000 1,246,200 3,500 10,490,000 64,000 1,390,000 8,700 474,000 142,000

39,786,630 61,040 405,650 6,404,240 243,890 23,740 3,055,484 526,480 29,470 72,344,068 9,971,598 303,580 24,460 92,998 42,580,980 2,278,676 2,452,884 626,759 115,363,740 9,564 14,094,880 36,480 87,971,350 353,484 16,702,725 18,528,450 384,965.50 6,274,220 4,397,450 1,138,466 189,470,350 1,433,110 433,400 28,200 34,882,457 1,096,624 324,750 245,950 77,550 141,644,966 1,181,040 3,020 12,391.50 82,400 227,500 9,237,046 619,480 23,920 172,140 15,840 6,480,349 50,680 2,390,870 198,260 1,403,550 47,692 1,129,390 228,870

-5,986,910.00 -5,390 1,235,380.00 -317,096 13,803,226 2,175,608 13,940 -14,203,455 168,968 -1,734,502 -153,110 43,313,910 -1,594,170 -55,692,425 -5,970,308 -11,465,875 -87,174.50 -18,930 48,360 489,812 69,835,372 1,120,030 -271,520 28,200 -11,449,569 135,902.00 -207,000 -6,568,680 42,300 -54,870 -31,000 12,320 40,680 -6,480 9,040 4,700 36,800

ABACORE CAPITAL AYALA CORP ABOITIZ EQUITY ALLIANCE GLOBAL ANSCOR ATN HLDG A COSCO CAPITAL DMCI HLDG FILINVEST DEV GT CAPITAL HOUSE OF INV JG SUMMIT LODESTAR LOPEZ HLDG LT GROUP PACIFICA HLDG PRIME MEDIA SM INVESTMENTS SAN MIGUEL CORP SEAFRONT RES TOP FRONTIER

0.98 706 49.45 11.26 11.34 0.385 4.75 9.94 5.45 597.5 3.5 40.1 0.395 4.35 9.1 1.19 2.77 878 110 1.41 102

1.05 725 50 11.42 11.9 0.385 4.79 10.1 5.45 608 3.5 41.3 0.44 4.35 9.15 1.2 2.86 893 110.1 1.41 102

0.98 700 48.8 11.26 11 0.385 4.75 9.94 5.45 591 3.5 40.1 0.395 4.35 9 1.19 2.76 878 109.3 1.41 102

1.05 725 49.9 11.4 11.86 0.385 4.75 10 5.45 601.5 3.5 41.3 0.44 4.35 9 1.2 2.85 880 109.8 1.41 102

22,749,000 243,650 1,262,900 1,999,100 11,400 100,000 268,000 2,434,800 19,800 265,500 22,000 1,653,200 100,000 2,000 1,287,200 11,000 145,000 485,500 94,170 50,000 100

23,221,090 174,738,150 62,726,740 22,783,044 127,460 38,500 1,276,420 24,412,712 107,910 159,846,870 77,000 67,787,700 40,650 8,700 11,674,962 13,100 408,330 428,509,195 10,340,929 70,500 10,200

-284,600 68,133,285 5,929,755 -8,137,084 -110,840 -227,990 9,560,707 39,101,360 33,781,935 -8,700 -2,488,884 -50,684,440 2,289,206 -

HOLDING & FRIMS

1.04 711 49.8 11.38 11.18 0.38 4.75 10 5.45 601.5 3.24 40.75 0.395 4.35 9 1.19 2.81 879.5 109.8 1.33 96.3

1.05 725 49.9 11.4 11.8 0.39 4.78 10.06 5.5 602 3.49 41.3 0.44 4.4 9.13 1.37 2.84 880 110 1.79 102

PROPERTY ANCHOR LAND 4.2 6.99 7.99 7.99 7.99 7.99 200 1,598 AYALA LAND 34.6 34.8 34.25 34.8 34.25 34.8 11,704,100 404,867,710 AYALA LAND LOG 1.77 1.79 1.76 1.79 1.71 1.77 924,000 1,638,520 ARANETA PROP 0.97 0.99 0.99 1 0.97 1 1,554,000 1,525,280 AREIT RT 33.75 33.8 33.65 33.85 33.65 33.75 806,000 27,177,015 A BROWN 0.65 0.68 0.65 0.68 0.65 0.68 62,000 40,330 CITYLAND DEVT 0.69 0.7 0.7 0.71 0.69 0.71 79,000 54,750 CROWN EQUITIES 0.062 0.065 0.062 0.067 0.062 0.067 30,000 1,910 CEB LANDMASTERS 2.55 2.6 2.55 2.58 2.55 2.55 456,000 1,167,170 CENTURY PROP 0.275 0.28 0.28 0.28 0.28 0.28 330,000 92,400 CITICORE RT 2.57 2.59 2.58 2.6 2.57 2.57 4,013,000 10,351,670 DOUBLEDRAGON 8 8.17 7.93 8.18 7.92 8.17 330,900 2,688,186 DDMP RT 1.22 1.23 1.23 1.23 1.21 1.23 2,659,000 3,257,080 DM WENCESLAO 5.05 5.16 5.16 5.2 5.16 5.16 51,800 267,328 EMPIRE EAST 0.12 0.122 0.125 0.126 0.12 0.12 7,330,000 887,930 EVER GOTESCO 0.28 0.29 0.28 0.29 0.28 0.29 110,000 31,800 FILINVEST RT 2.82 2.84 2.77 2.85 2.77 2.82 1,991,000 5,640,920 FILINVEST LAND 0.61 0.62 0.6 0.62 0.59 0.62 4,460,000 2,699,740 GLOBAL ESTATE 0.84 0.85 0.86 0.86 0.85 0.85 547,000 465,050 8990 HLDG 9 9.15 9 9.19 9 9.15 18,600 169,940 GOLDEN MV 839 880 838 880 838 880 160 138,930 PHIL INFRADEV 0.52 0.54 0.56 0.56 0.51 0.54 490,000 259,020 CITY AND LAND 0.73 0.74 0.75 0.75 0.73 0.73 39,000 28,830 MEGAWORLD 2 2.01 1.98 2.01 1.98 2 14,143,000 28,233,250 MRC ALLIED 1.33 1.35 1.4 1.4 1.33 1.33 169,000 230,130 MREIT RT 12.52 12.64 12.48 12.66 12.48 12.52 691,300 8,691,372 PREMIERE RT 1.55 1.56 1.55 1.56 1.55 1.55 827,000 1,282,140 RL COMM RT 5 5.03 4.98 5.04 4.98 5 971,500 4,860,440 ROBINSONS LAND 15.9 15.96 15.78 15.96 15.66 15.96 859,500 13,671,876 PHIL REALTY 0.14 0.165 0.157 0.171 0.157 0.165 230,000 37,470 ROCKWELL 1.4 1.41 1.36 1.41 1.36 1.41 62,000 85,890 SHANG PROP 3.72 3.75 3.69 3.74 3.69 3.74 249,000 922,180 STA LUCIA LAND 3.35 3.4 3.4 3.4 3.35 3.4 17,000 57,600 SM PRIME HLDG 33.65 33.7 32.35 33.8 32.1 33.7 10,740,800 359,948,460 SUNTRUST RESORT 0.77 0.8 0.75 0.75 0.75 0.75 44,000 33,000 VISTA LAND 1.7 1.71 1.69 1.7 1.69 1.7 430,000 729,960 VISTAREIT RT 1.71 1.72 1.7 1.72 1.69 1.71 1,240,000 2,116,180 SERVICES ABS CBN 4.4 4.49 4.62 4.62 4.4 4.49 249,000 1,117,400 GMA NETWORK 8.86 8.87 8.65 9.1 8.65 8.87 609,000 5,424,646 GLOBE TELECOM 1,721 1,722 1,724 1,728 1,718 1,721 26,830 46,203,100 PLDT 1,284 1,289 1,272 1,288 1,269 1,284 37,970 48,619,730 APOLLO GLOBAL 0.013 0.014 0.013 0.014 0.013 0.014 23,100,000 306,700 CONVERGE 9 9.1 8.5 9.1 8.45 9.1 14,462,700 129,032,578 DITO CME HLDG 2.33 2.34 2.34 2.34 2.29 2.33 6,106,000 14,096,100 NOW CORP 1.28 1.29 1.1 1.3 1.09 1.28 13,366,000 15,162,820 TRANSPACIFIC BR 0.134 0.139 0.135 0.136 0.135 0.136 250,000 33,960 ASIAN TERMINALS 15.12 15.5 15.48 15.5 15.48 15.5 51,700 800,810 CHELSEA 1.42 1.45 1.45 1.45 1.42 1.42 419,000 605,850 CEBU AIR 32.65 32.75 32.5 32.95 32.5 32.7 133,300 4,367,465 INTL CONTAINER 250.2 255.4 250 255.4 247.2 255.4 1,199,800 301,243,832 MACROASIA 3.95 3.96 3.98 4.02 3.95 3.95 736,000 2,916,540 METROALLIANCE A 0.4 0.445 0.445 0.445 0.445 0.445 50,000 22,250 PAL HLDG 5.1 5.19 5.09 5.1 5.09 5.1 31,700 161,610 HARBOR STAR 0.73 0.76 0.77 0.77 0.77 0.77 1,000 770 ACESITE HOTEL 1.72 1.88 1.72 1.72 1.72 1.72 30,000 51,600 BOULEVARD HLDG 0.062 0.064 0.062 0.064 0.061 0.064 4,540,000 282,680 CENTRO ESCOLAR 8.02 8.5 8.5 8.5 8.5 8.5 3,100 26,350 FAR EASTERN U 562 566 566 566 562 562 850 480,360 IPEOPLE 7 7.3 7 7.33 7 7.32 3,300 24,100 STI HLDG 0.485 0.49 0.49 0.49 0.485 0.49 5,860,000 2,843,650 BELLE CORP 1.18 1.19 1.17 1.18 1.17 1.18 76,000 89,240 BLOOMBERRY 10.16 10.2 10.06 10.3 10.06 10.2 5,898,200 60,293,008 PACIFIC ONLINE 4.41 4.42 4.85 4.92 4.42 4.42 3,901,000 17,726,200 PH RESORTS GRP 0.89 0.9 0.88 0.92 0.86 0.9 1,238,000 1,100,180 PREMIUM LEISURE 0.65 0.66 0.68 0.69 0.66 0.66 10,201,000 6,833,630 DIGIPLUS 7.92 7.93 8.3 8.38 7.71 7.93 4,316,300 34,376,780 PHILWEB 1.68 1.7 1.66 1.73 1.66 1.7 55,000 92,250 ALLDAY 0.159 0.161 0.159 0.161 0.159 0.161 2,420,000 387,030 BERJAYA 7.6 8.3 8.49 8.49 8.3 8.3 200 1,679 ALLHOME 1.18 1.19 1.19 1.2 1.17 1.19 2,516,000 2,991,760 METRO RETAIL 1.21 1.27 1.27 1.27 1.27 1.27 8,000 10,160 PUREGOLD 27.15 27.25 27.15 27.25 27 27.15 1,593,700 43,287,785 ROBINSONS RTL 40.3 40.5 40.4 40.6 40 40.35 229,800 9,278,910 PHIL SEVEN CORP 75.6 76 76 76.2 75.6 76 87,990 6,653,448 SSI GROUP 2.59 2.6 2.5 2.63 2.5 2.6 1,852,000 4,786,580 UPSON INTL CORP 1.57 1.6 1.65 1.65 1.58 1.6 41,000 65,060 WILCON DEPOT 22.8 23 22.6 23.3 22.55 23 1,662,800 38,222,940 APC GROUP 0.23 0.233 0.23 0.236 0.23 0.235 1,040,000 243,790 MEDILINES 0.315 0.325 0.325 0.33 0.325 0.33 40,000 13,050 PRMIERE HORIZON 0.163 0.165 0.165 0.165 0.162 0.163 110,000 17,940 SBS PHIL CORP 4.25 4.39 4.35 4.45 4.25 4.38 28,000 121,990 MINING & OIL ATOK 5.01 5.5 5 5.49 5 5.01 1,200 6,059 APEX MINING 2.96 2.97 2.98 3.01 2.94 2.97 4,674,000 13,852,290 ATLAS MINING 3.5 3.52 3.5 3.58 3.5 3.5 102,000 358,660 BENGUET A 4.76 4.78 4.72 4.81 4.72 4.78 175,000 833,490 BENGUET B 4.73 5.2 4.8 5.34 4.8 5.34 50,000 243,040 CENTURY PEAK 3.22 3.3 3.22 3.22 3.22 3.22 15,000 48,300 DIZON MINES 2.27 2.88 2.6 2.6 2.6 2.6 3,000 7,800 FERRONICKEL 2.12 2.13 2.07 2.12 2.06 2.12 954,000 2,005,260 GEOGRACE 0.027 0.03 0.027 0.027 0.026 0.027 3,500,000 91,500 LEPANTO A 0.078 0.081 0.078 0.081 0.078 0.081 470,000 37,320 LEPANTO B 0.078 0.083 0.076 0.078 0.076 0.078 490,000 38,160 MANILA MINING A 0.0045 0.0048 0.0047 0.0048 0.0047 0.0048 8,000,000 38,200 MARCVENTURES 1.08 1.1 1.08 1.1 1.05 1.1 1,586,000 1,726,790 NIHAO 0.61 0.66 0.48 0.66 0.48 0.66 56,000 32,780 NICKEL ASIA 5.18 5.23 5.25 5.25 5.18 5.18 1,995,900 10,391,116 ORNTL PENINSULA 0.63 0.64 0.63 0.64 0.62 0.64 222,000 139,810 PX MINING 3.24 3.25 3.26 3.26 3.23 3.25 671,000 2,178,660 ENEX ENERGY 4.58 5.2 5.24 5.24 5 5.2 3,900 20,210 ORNTL PETROL A 0.0079 0.0081 0.0079 0.008 0.0079 0.008 7,000,000 55,500 ORNTL PETROL B 0.0081 0.0082 0.0081 0.0081 0.0081 0.0081 13,000,000 105,300 PHILODRILL 0.0076 0.008 0.0075 0.0076 0.0075 0.0076 13,000,000 98,000 PXP ENERGY 3.73 3.82 3.76 3.89 3.71 3.82 344,000 1,286,240 PREFFERED HOUSE PREF B 94.5 97.9 95 95 95 95 30,260 2,874,700 ACEN PREF A 1,065 1,100 1,069 1,100 1,069 1,100 24,075 26,478,600 ACEN PREF B 1,070 1,078 1,080 1,080 1,070 1,070 1,330 1,428,300 AC PREF AR 2,480 2,502 2,500 2,502 2,480 2,480 895 2,233,600 ALCO PREF C 95 97.95 98 98 98 98 10 980 BRN PREF A 96.1 98 97 97 97 97 750 72,750 CEB PREF 32.55 33 32.5 32.5 32.5 32.5 200 6,500 DD PREF 94 95.2 95 95.35 94 94 1,360 128,359.50 EEI PREF A 90.15 94.95 94.95 94.95 94.95 94.95 200 18,990 EEI PREF B 96.1 96.9 96.9 96.9 96.9 96.9 1,010 97,869 GTCAP PREF B 944.5 989.5 943 995 943 995 8,810 8,308,350 MWIDE PREF 4 90.05 91.95 91.1 92 91 92 1,370 125,085.50 MWIDE PREF 5 100.2 101.5 101.3 101.4 101.3 101.4 600 60,790 PNX PREF 3B 23.65 25.2 23.45 25.4 23.45 25.4 300 7,230 PNX PREF 4 210.2 215 210.2 231 210 215 510 108,226 PCOR PREF 3A 980 991.5 993 993 992 992 40 39,700 PCOR PREF 3B 975 1,010 980 990 980 980 1,150 1,128,750 PCOR PREF 4A 915 1,005 1,000 1,000 1,000 1,000 1,515 1,515,000 PCOR PREF 4B 990 1,000 1,000 1,000 1,000 1,000 100 100,000 PCOR PREF 4C 990 1,010 990 990 990 990 100 99,000 SMC PREF 2I 70.25 70.5 70.5 70.5 70.2 70.5 27,250 1,916,160 SMC PREF 2J 67.1 67.95 67.95 67.95 67.95 67.95 220 14,949 SMC PREF 2K 65.5 68.9 69 69 69 69 200 13,800 SMC PREF 2L 77 79 79 79 79 79 10 790 SMC PREF 2N 77.25 78.5 77 78.5 77 78.5 4,580 352,860 SMC PREF 2O 76.75 78.25 78 78 76.75 76.75 12,390 956,560 TECH PREF B2D 48.05 48.5 48.5 48.5 48.5 48.5 300 14,550

WARRANTS

-1.29%

-0.67%

ALFM Global Multi-Asset Income Fund, Inc. -a $0.79640.05%

January 4, 2024

PHIL. DEPOSITARY RECEIPTS

Primarily invested in Peso securities (units) Sun Life Prosperity World Equity Index Feeder Fund, Inc. -a

PSE STOCK QUOTATIONS

ABS HLDG PDR GMA HLDG PDR

Feeder Funds ALFM Global Multi-Asset Income Fund, Inc. -a 42.9253-0.43% n.a n.a n.a

www.businessmirror.com.ph

TECH WARRANT

178,690,705 -1,810 2,004,215 -11,900 261,690 -1,529,260 -128,484 -23,070 8,400 -29,000.00 -1,103,330 -52,910 4,240 -7,500 -2,030,110 -644,592 39,000 -1,722,646.00 4,592,954 -200,740 241,769,340 5,100 -155,670 -7,682,910 9,853,320 53,843,627.00 -701,080 -38,980 -13,600 -3,154,955 95,217,434 63,370 -21,378 5,660 1,400 -14,550 -17,660 -11,174,740 -5,964,070 -121,900.00 6,166,724.00 -9,550 -214,800 -1,604,510 -6,671,275 1,520 -52,160 19,195,910 117,550 479,010 -10,680 -789,120 33,800 -2,686,415 67,820 81,000 -900 -866,700 -745,000 980 -72,750 18,990 -848,140 4,850

4.13 4.37 4.54 4.54 3.99 4.37 19,000 8.29 8.9 -

84,070 -

-4,370 -

0.27

21,800

0.29

0.26

0.28

0.26

0.28

80,000

SMALL, MEDIUM & EMERGING

0.38 0.38 0.37 0.37 490,000 184,650 3,800 0.77 0.77 0.77 0.77 2,000 1,540 0.94 0.97 0.94 0.97 151,000 145,870 -9,400 0.67 0.68 0.66 0.68 57,000 37,820 1.53 1.53 1.53 1.53 1,000 1,530 1.02 1.03 1 1.03 1,520,000 1,540,350 9,080 0.22 0.247 0.22 0.236 1,600,000 377,520 -

EXHANGE TRADE FUNDS

102.8 104.2 102.8 104.2 35,590 3,682,647 -465,440

BALAI FRUITAS CTS GLOBAL HAUS TALK ITALPINAS KEPWEALTH MERRYMART XURPAS

FIRST METRO ETF

0.37 0.75 0.95 0.66 1.6 1.01 0.232 104

0.385 0.77 0.96 0.68 1.77 1.03 0.236 104.2

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More secure fintech infra helps digital banking in PH

HE spate of online banking during the recent holiday season reaffirms the findings of a survey conducted by Capstone-Intel Corp. last November 22 to 29, 2023, and proves that digital financing is now at the forefront of convenience among Filipinos. The country’s leading private intelligence agency added that digital financing now plays a crucial part in the Philippine economy. The poll that involved about 1,503 respondents across the country revealed that about 9 out of 10 Filipinos are now using finance applications for their daily transactions. This, the company said, highlights a need to build a safer finance technology (fintech) infrastructure in the country as more Filipinos embrace digital financing. The results show that among the digital finance applications and technologies used by respondents include GCash with 94 percent of respondents claiming they have and are using the mobile payment service. This was followed by PayMaya with 39 percent, ShopeePay with 26 percent, bank applications with 18 percent, GrabPay with 8 percent and other fintech applications with 5 percent. Only 2 percent of the total respondents claimed they are not using any finance applications.

Sluggish performance CAPSTONE-Intel Research and Publications Director Ella Kristina DomingoCoronel said that small-scale businesses in the country are now into digital financing. And while these are privately owned, the Philippine government has to step up in ensuring that they are safely regulated and enhanced for the safety of Filipino consumers. “As we can see, even ‘sari-sari’ stores now have a digital financing option for their customers. This means that the accessibility and availability are there,” Domingo-Coronel was quoted in a statement as saying. “That’s why even though these fintech applications are owned by the private sector, the national government has to enhance the country’s [fintech] infrastructure, including the measures that safeguard the consumers in order to ensure the safety of Filipinos.” She also highlighted that even though the country has now embraced online financing in some of its processes, the current state of the Philippines’s fintech still has to be popularized across all demographics and normalize the usage of digital financing in all processes, either for public or private transactions. “While we see a considerable amount of Filipinos using digital financing, we also observe several complaints about the inconvenience of online financing in the country including the sluggish performance of these apps, its unending maintenance that burdens the consumers using online financing to pay their bills, and of course, the struggle with online scams,” Domingo-Coronel said.

Banking&Finance BusinessMirror

Create law lures P1-T capital investment

By Jasper Emmanuel Y. Arcalas

@jearcalas

HE state has attracted over P1 trillion in capital investment under the Corporate Recovery and Tax Incentives for Enterprises (Create) Act, according to the Department of Finance (DOF). The DOF said that as of endOctober, a total of P1.02 trillion in investment capital has entered the country across 910 Create-approved

projects in varying priority sectors of the national government. The DOF added that the approvals also entailed P572.98-billion worth

of foreign direct investment pledges. “This monumental achievement is a testament to the continuous efforts of the [President Marcos Jr.] administration to promote the Philippines as a sound investment destination,” it said on Thursday. Of the 910 projects, the DOF said around 49 were big-ticket incentive applications with a combined investment capital of P817 billion approved by the Fiscal Incentives Review Board (FIRB). The remaining 861 projects, collectively representing an investment capital of P203 billion, were approved by various investment promotion agencies, the DOF added. The 910 projects are expected to

Opening the heart and the house

UR family recently hosted a couple from abroad in our hometown in Liliw, Laguna, about 100 kilometers south of Manila. It was their first visit to the Philippines so it was an opportunity for them to see the countryside during the two-hour road trip. In their “thank you” message to us from the airport on their way home, both were appreciative of how our family “opened our hearts and house.” It was a nice gesture so I thought of writing about the phrase and relate this to associations at the start of the new year. “Opening the heart” conveys a sense of emotional openness and connection. It involves sharing one’s thoughts, dreams, fears, and joys with a trusted friend. When we open our hearts, we invite others to witness our true selves, fostering a deep sense of intimacy and understanding. “Opening the house” is a metaphorical expression that signifies creating a welcoming and inclusive environment. It goes beyond the literal act of unlocking doors to suggest a broader concept of hospitality, warmth, and inclusivity within a particular space or community. For association executives, these concepts hold several valuable lessons that can contribute to effective leadership, organizational culture, and stakeholder relationships. “Opening the heart” can lead to: 1. Developing empathy in leadership. Understanding and con-

Association World Octavio Peralta necting with the experiences, needs, and emotions of team members, and fostering a positive and supportive work environment. 2. Building trust. Being transparent and demonstrating authenticity contribute to building trust among team members, members, and stakeholders. 3. Fostering a positive organizational culture. Creating an environment where team members feel valued, heard, and supported. 4. Improving member engagement. Connecting with members on a personal level, understanding their unique needs and concerns, and tailoring programs and services to enhance member satisfaction and loyalty. 5. Nurturing stakeholder relationships. Interacting with partners, sponsors, and the community, supporting collaborative relationships built on trust and mutual understanding. “Opening the house” can result to: 1. Inclusivity in membership. Ensuring that all members, regardless of background or role, feel welcomed and valued within the association community. 2. Diversity and representa-

tion. Seeking and welcoming diverse perspectives, ensuring the association reflects the varied backgrounds and experiences of its members. 3. Accessible programs and services. Designing initiatives that are accessible to a broad audience, considering different preferences, needs, and abilities among members. 4. Transparent communication. Providing clear information about organizational decisions, activities, and future plans, encouraging a culture of trust and engagement. 5. Community building. Strengthening connections among members, creating opportunities for networking, collaboration, and the development of meaningful relationships within the association. Associations, as hubs of collaboration and community, thrive on the interconnected relationships among their members. Within the context of associations, the concepts of “opening the heart” and “opening the house” take on a unique significance. These principles go beyond the physical structures of meeting spaces; they encapsulate the essence of building strong, trusting relationships and providing a sense of belonging within the association community. Octavio Peralta is founder and volunteer CEO of the Philippine Council of Associations and Association Executives, the “association of associations.” E-mail: bobby@pcaae.org.

BANKING PARTNERS

This undated photo courtesy of the Bank of the Philippine Islands shows BPI President and CEO Jose Teodoro K. Limcaoco (left) and Kyndryl Global Group President Elly Keinan shaking hands during a commemoration of the 10th anniversary of their technology infrastructure services partnership.

Amplify confidence ACCORDING to Domingo-Coronel, there is still a need “to promote the utilization of digital financing in the Philippines.” This is so, she said, “in order to weaken the negative outlook of the public about this option and normalize the usage of these fintech applications for us to amplify public confidence on digital financing.” Domingo-Coronel noted that the Covid-19 pandemic saw the significance of digitizing banking transactions and this occasion led to the advancement of the fintech industry, emphasizing that everyone should capitalize on this development for swift economic mobility in this industry. “It was deemed possible by the pandemic for the Philippines to upgrade their banking processes, that’s why now that we are back to the usual setting, it is high time that we capitalize on this because not only it saves the time of the consumers, the digital era is already here and we have to keep up with the demands of the changing financial economic environment,” she added. Rizal Raoul Reyes

Editor: Dennis D. Estopace • Friday, January 5, 2024

generate about 99,400 jobs, according to the DOF. “This underscores the employability of the country’s workforce in high-quality jobs that will contribute to long-term economic growth,” it said. “With the Philippines poised toward economic transformation, Create continues to play a crucial role in positioning the country as a global investment hub,” it added. The national government, both the legislative and executive branches, is keen on amending the Create law (Republic Act 11534) to facilitate more investments in the country by addressing the bottlenecks raised by prospective investors.

Gen Zs prudent spenders, wary homeowners–poll

ILIPINO workers born during the late 1990s and early 2000s—called Gen Zs—have different views on financial security and future planning, according to a poll by PhilhealthCare Inc. (PhilCare). The poll results reveal that almost three-fourths (73 percent) of those surveyed feel prepared enough for retirement, as 65 percent can have funds for leisure, including travel and vacations. However, only 44 percent are confident in meeting daily and unexpected expenses while less than 39 percent believe they can afford to own their dream house. PhilCare President and Chief Executive Officer (CEO) Joseph Augustin L. Tanco mused that “when it comes to managing their money, Gen Zs seem to be balancing future aspirations while navigating current challenges.” “Companies looking to recruit and retain young talents need to be creative with their benefits to address this need,” Tanco added. The poll, led by Fernando dlC. Paragas of the University of the Philippines-College of Mass Communication, also showed that 76 percent of participants feel responsible to earn for themselves and their families. “Businesses should acknowledge Gen Z’s financial responsibilities toward their families. Offering support beyond the standard paycheck could significantly impact their financial wellness,” Paragas said.

Elusive dream

WHILE the surveyed young professionals view homeownership as an elusive dream rather than a realistic

@claudethmc3

HE Federal Reserve is trying to find the right time to start deliberating about how it will extract itself from its balance sheet unwind, a signal that the end might be closer than previously expected. In the minutes of last month’s Federal Open Market Committee meeting, several participants suggested it would be appropriate to begin discussing the technical factors that would determine when the US central bank slows the pace of its balance sheet runoff, a process known as quantitative tightening (QT). Participants remarked the Committee’s plans indicated it would slow and then stop shrinking its balance sheet when reserve balances are “somewhat above the level judged consistent with ample reserves.” A debate has been simmering in re-

cent months over whether the Fed is misjudging how much it can tighten without causing dislocations in places like the market for overnight repurchase agreements, part of the essential plumbing of the financial system. While bank reserves—currently at $3.48 trillion—are well above the levels seen when the Fed started unwinding its balance sheet in 2022, there’s concern that the amount of reserves is not as abundant as policymakers believe. Central bankers in 2019 learned a lesson when a different overnight market rate soared five-fold to as high as 10 percent and the central bank was forced to intervene. “As they say, everyone has a plan until they get hit,” said Blake Gwinn, head of US interest rate strategy at RBC Capital Markets, which sees the Fed winding

down QT in mid-2024. “The last goround they got ‘hit’ by the September 2019 repo blowout and immediately reversed course,” Gwinn said. For over 18 months, the Fed has been letting as much as $60 billion in Treasuries and as much as $35 billion in agency debt holdings mature every month. The last time the central bank attempted to halt its balance sheet unwind in 2019, it was only letting as much as $30 billion in Treasuries and as much as $20 billion in agency debt run off— nearly half the size of the current plan. In May of that year, the Fed slashed the reinvestment cap for Treasuries to $15 billion before eliminating the limit entirely in August, while continuing to let its mortgage-backed securities holdings roll down. Bloomberg News

possibility, former Health Secretary and PhilCare Study Chairman Dr. Enrique Ona encouraged policymakers to make strategies that push for affordable housing for the growing Gen Z workforce that accounts for 18 percent of the country’s workforce. “Government initiatives that encourage affordable housing projects would benefit the younger generation,” Ona said. “Another effort could be the development of enhanced financial literacy programs within educational curriculums that equip young people with the skills and knowledge necessary for effective retirement planning and housing investments.” For PhilCare Chairman of the Board Monico V. Jacob, the survey results open a chance for business owners and employers to contribute positively to their employees’ financial well-being. “Employers may benefit from implementing financial wellness programs that offer resources and guidance on the areas of budgeting, investing, and housing decisions to help employees navigate financial challenges effectively,” Jacob said. “They may also want to explore flexible work arrangements, including remote work options, to ease the financial burden of commuting and onsite work so employees can save money for more important things like housing,” added the Philcare Board chairman. The report of PhilCare on Gen Zs forms part of a series of studies the health maintenance organization conducted on different generations. It is set to release subsequent findings early this year. Roderick L. Abad

GSIS, BTr feted for school buildings insurance cover By Claudeth S. Mocon-Ciriaco

Markets see Fed’s exit from QT nearing

The DOF earlier disclosed that one of the major reforms of the proposed Create to Maximize Opportunities for Reinvigorating the Economy, or “Create MORE,” bill is the streamlining of the state’s tax refund system for registered business enterprises. Albay Rep. Joey Sarte Salceda earlier said that Marcos wanted to reduce the powers of the FIRB as part of the amendments to the Create Act. Salceda added that the President is also keen on returning to investment promotion agencies the power to grant incentives. (Related story: https://businessmirror.com.ph/2023/10/18/slashingfirb-powers-boosting-ipas-eyed/)

HE Department of Education (DepEd) thanked the Government Service Insurance System (GSIS) and the Bureau of the Treasury (BTr) for providing P843.11-billion insurance coverage for public schools aimed at strengthening the resilience of the nation’s educational infrastructure. On January 1, the GSIS announced it has provided insurance for more than 132,000 public school buildings that will cover fire, lightning and natural catastrophes for a 1-year period. Through the GSIS-BTr collaboration under the National Indemnity Insurance Program (NIIP), the DepEd has secured critical assistance in the provision of a comprehensive insurance protection for public school buildings. “The Year 2024 truly brings renewed hope to our vision of a ‘Matatag: Bansang Makabata, Batang Makabansa’ nation,” a statement by the DepEd read. “With the support of a whole-

of-nation approach, we continue to strive for quality basic education that every Filipino learner deserves,” the DepEd added. Meanwhile, the BTr helped put together the insurance coverage. The NIIP, an initiative of the BTr, aims to provide adequate and comprehensive insurance protection to critical government assets such as schools, hospitals, roads and bridges. “With the rising frequency of natural calamities, protecting public school buildings becomes a priority of the government. Our partnership with DepEd is a step towards ensuring financial resilience in support of its ‘Matatag’ agenda,” GSIS President and General Manager Jose Arnulfo A. Veloso said. In addition to insuring DepEd’s school buildings, the GSIS has provided a 24/7 personal accident insurance coverage for all DepEd personnel, covering death and medical expenses. “We are committed to look after the well-being of our DepEd members by providing them with strong insurance protection,” Veloso added.

Relationships

Friday, January 5, 2024 • Editor: Gerard S. Ramos

BusinessMirror

Dear New Year’s Resolution….

www.businessmirror.com.ph

TODAY’S HOROSCOPE By Eugenia Last

CELEBRITIES BORN ON THIS DAY: Bradley Cooper, 48; Deepika Padukone, 37; January Jones, 45; Diane Keaton, 77; Clancy Brown, 64; Hayao Miyazaki, 82, Robert Duvali, 92.

AS SEEN ON FACEBOOK. CREDIT TO ORIGINAL OWNER.

HAPPY BIRTHDAY: Explore what life offers and delve into something that fascinates you. Having an interest in things that are obscure or bring you into contact with unusual people and places will encourage you to try something new and exciting. Take in every detail; there is no need to rush to decide. Knowing what you want will eliminate regret. Your numbers are 5, 19, 23, 25, 31, 38, 42.

ND just like that, 2023 is gone and off we march (bravely!) into 2024. I can’t say that it’s a relief; there were many good things that happened to me last year, which also came along with the not-sofortunate developments. So I can only be grateful that I am still alive, am in relatively good health, and have family and friends, despite being...uhm...financially challenged. (Like many Filipinos, my income has been unable to keep up with the continued rise in prices of goods and services, an increased rent on my flat, and higher transport and utility rates. Bleah.) And so, belttightening will be a major feature for many this year. As far as New Year’s resolutions go, I didn’t make any for 2024. Based on past experiences, as soon as I blurt out the resolution, it has a far less chance of being cast in stone. It’s probably because I’m a contrarian at heart? In fact a meme went around right after the new year celebrations were over, in a form of a letter. It said: “Dear New Year’s Resolution, Well, it was fun while it lasted. Sincerely, January 2nd.” Hahaha! But in case you’re a believer in making New Year’s resolutions for personal improvement, here are some of the ways to help you make them stick: ■ Be specific. Don’t just stay “I will lose weight this year”—have a target, say “I want to lose 10 pounds.” That just rounds off to less than a pound per month, which makes it quite achievable. ■ Don’t make too many. Most of us can’t even track the tons of work e-mails we receive from colleagues, how are we expected to monitor all our New Year’s resolutions? When trying to work on one’s self, it helps to focus just on one area at a time. So if you’re trying to be more outgoing and friendly this year, then just make that your main goal. But again, be specific—so you could probably decide to accept a social invitation once a month. (Of course, if your job actually calls for you to attend a number of social events in a month, but you’re secretly an introvert, just resolve to meet at least one new person at each of these events instead of keeping to your usual gang or clique.) ■ Write a detailed plan. For instance, if you’re looking to save up for a grand vacation to Tokyo, do your research. Assess how much exactly you would

ARIES (March 21-April 19): Make plans with someone who makes you laugh. Kicking back with friends will eliminate stress and help put situations into perspective. Avoid over-the-top behavior; you’ll learn more and have a more significant impact on others if you are moderate. ★★★

TAURUS (April 20-May 20): Share your thoughts and plans with passion. Go over every detail and exercise your right to put the final touches on whatever you pursue. Own your contributions and present what you have to offer with pride. A contagious attitude will pay off. ★★★

GEMINI (May 21-June 20): Be calm, observant and receptive, and you’ll find out what’s possible and where and how you can fit in and do some good. What you offer and how you perform will turn into your calling card among your peers. ★★★

need to be able to go on this trip. Then calculate how much of your salary should be set aside to buy the plane ticket or book the hotel, or how many additional gigs you need to do outside of your main job to reach your goal. (Be bold. Choose the dates for your trip and make an initial reservation on a hotel booking site that won’t charge you until a few days before your arrival.) ■ Start small. New Year’s resolutions don’t have to be grand gestures. To be able to stick to them, it’s better to go about them slowly and gradually. When I seriously started doing my steps program, I began by walking just 2,000 steps every other day. As my endurance increased, I added more and more steps to my routine. Today, I can do 10,000 to 11,000 steps almost everyday, without resting in between. (Drink lots of water before heading out so as not to cramp up.) But I’ve also read that it may not be necessary to do the entire 10,000 steps; what’s important is to walk briskly to reach even just 4,000 steps. (I’m a lazy walker, so I take my time, and like observing my surroundings, so I keep to my almost daily 10,000step goal.) ■ Don’t get frustrated. If you’re unable to reach your desired weight for the month, for example, know that there is a next month to start anew. Make adjustments. If you ate rice the entire week, then skip

it in the next. Know yourself and your body so you can make these tiny changes in your eating habits, if losing weight is this year’s goal. ■ Monitor yourself. I personally don’t do a journal, but if you’re the type who likes writing things down and reviewing the results of your efforts, then go for it. I suppose my fitness tracker does that job for me, and I’m able to monitor my progress in my steps program. Fortunately, my fitness tracker can connect to my health app on my phone via Bluetooth, so I am able to track and compare my accomplishments daily, weekly, or monthly. ■ A support system helps. For positive reinforcement, get yourself a group with the same New Year’s resolutions. Sharing similar goals with a buddy or family members makes it possible for each one to encourage or push the other to do necessary to stick to the resolution. You can make it a competition even, with a prize to be received at the end of the year for the big winner. Even if you don’t end up the winner in your group, you have been able to foster greater camaraderie and hopefully had built better friendships. Making New Year’s resolutions is a step toward improving ourselves. But don’t fall apart in case you’re not able to stick with them. There’s always next year to start over. ■

Wellness brand gives back to Silad community

PASTOR Philip le Roux (from left), member of the Santé Barley Tri-Team and missionary; PTA president Albert Salvador; teachers Germelene Yala, Lyn Oblan and Gracelie Villacampa; Santé marketing representatives Pauline Bulatao and Marc Jason Marcelo; vice mayor Fernando Ilistrisimo, and sitio chairman Elmer Ofiasa

BREAKING down barriers to education, Santé, one of the fastest-growing distribution and direct-selling companies globally dedicated to helping people live better lives, unveils the completed classroom for Silad Elementary School on the remote island of Silad in Agutaya, Palawan, as part of the “Go the Extra Mile with Santé Daily-C” initiative last July 2023. Access to a conducive education is still a challenge in Silad. Over 100 children on the island were unable to complete their primary education due to inadequate facilities. Committed to helping people live better lives, Santé took on the challenge to bridge this educational gap.

The project was made possible because of “Go the Extra Mile with Santé Daily-C,” where every purchase of Santé Daily-C 750mg from June 15 to July 15, 2023, contributed to supporting Silad Elementary School. A portion of the profit generated was specifically designated for essentials needed to build a new classroom that can withstand typhoons. Demonstrating their commitment to going the extra mile, the Santé marketing team flew to Silad on December 6, 2023, to officially turn over the newly built classroom. The Santé team also extended help to families by donating groceries and Santé products while Pastor Philip focused on empowering

Silad’s children, offering them necessary school supplies to aid their studies. When Santé was tapped to help on this project, it was only fitting for Santé CEO Joey Marcelo to embrace the opportunity to make a significant impact. “We are more than happy in Santé to be the string of hope for these kids. I am happy about how we can help nurture the dreams of the next generation,” Marcelo said. Santé has more plans to conduct initiatives that will provide children with the chance to receive proper and conducive education. To learn more about the Santé and its health and wellness products and services, visit www.mysante.com.

CANCER (June 21-July 22): You’ll draw plenty of attention if you pitch in and help. Putting your attributes to the test will give you a better sense of what you can do next. Put your money into whatever brings the highest return. Believe in yourself. ★★★★

LEO (July 23-Aug. 22): You must go it alone if you want to get things done your way. The path of least resistance will tempt you when you know sticking up for yourself and doing what’s best for you are the better choices. Don’t let others limit you. ★★

VIRGO (Aug. 23-Sept. 22): A positive attitude will encourage progress. Share information and follow through with a plan that offsets any negativity you encounter. Looking at trivial matters realistically will stifle feeling overwhelmed. A thoughtful gesture will make a good impression on someone special. ★★★★★

LIBRA (Sept. 23-Oct. 22): You’ll have some expansive ideas and plans, but before you engage, make sure you have the stamina to finish what you start. When in doubt, wait until you are confident you have the backup required to get things done correctly. ★★★

SCORPIO (Oct. 23-Nov. 21): Pay attention to how you present yourself and use the information you receive. Verify information before you pass it along, or you’ll pay the price. You may not relish change, but it will be beneficial in the end. ★★★

SAGITTARIUS (Nov. 22-Dec. 21): Put more thought into investments and how and what you do with your cash. Building a secure platform to stand on will help you get ahead. Refuse to let emotional interference stand between you and a healthy decision. ★★★

CAPRICORN (Dec. 22-Jan. 19): You are heading in the right direction, but trying to take on too much or make up for someone’s incompetence will slow you down. Stop trying to fix what isn’t fixable and concentrate on promoting what’s feasible. Romance is favored. ★★★★★

AQUARIUS (Jan. 20-Feb. 18): Refuse to let anyone get in your way. Avoid fighting a losing battle. Use your intelligence and discipline to get where you want to go; doors will open and new beginnings will unfold. Celebrate, but be reasonable. ★★

PISCES (Feb. 19-March 20): Don’t overanalyze money, health or legal matters. Distance yourself from situations to get a clear picture of what you must do to make the most of what you’ve got. Do what’s necessary and walk away from disarray. ★★★★ BIRTHDAY BABY: You are confident, helpful and strict. You are protective and convincing.

‘case in point’ BY PAUL COULTER

The Universal Crossword • Edited by David Steinberg/Anna Gundlach/Jared Goudsmit/Andrian Johnson ACROSS 1 Apart from that 5 Lustrous 10 Letters on an invitation 14 First light 15 Double-reeded instruments 16 Duel tool 17 Keg? 19 Immense 20 “Snowy” bird 21 Number of Canadian provinces 22 Popular mints 23 Nebraska city that’s home to the largest indoor swamp 25 Midwest hub 27 Leg? 32 Stomach muscles, briefly 35 Ward of The Fugitive 36 Ape found in the Congo Basin 37 Pressing need? 39 Genre for H.E.R. 41 Worry ___ (Guatemalan figurine) 42 Alaska’s tallest mountain 44 Takeover 46 Name shared by two Spice Girls

47 Peg? 50 Not domesticated 51 Spread, like fingers 54 Decrease 56 Rowing stick 59 Vatican-related 61 It’s a long story 62 “To illustrate...”, and a hint to interpreting the starred clues 64 Word after “spark” or “power” 65 Speak your mind 66 Vocal range below soprano 67 Moral transgressions 68 Exams for HS juniors 69 Briny expanses DOWN 1 Slight advantage 2 Slow, in sheet music 3 Bunch of bees 4 Win over 5 Sun, in Spanish 6 “Sure it is...” 7 Subject of many songs 8 Excited about 9 Fashion monogram hidden in “fancy

slacks” 10 Cleric’s title 11 Where a guest might crash 12 Sleeveless suit part 13 Furry family members, often 18 Cultural value system 22 Garb for blending in, for short 24 Where “skyscrapers bloom” and “Cadillacs zoom,” in a West Side Story song 26 Uproars 28 Words between “chicken” and “king” 29 Drew of children’s lit 30 Ready and willing partner? 31 Lounge around 32 Turturro of The Sopranos 33 Name that bookends “bracket” 34 “Well, I’ll be darned!” 38 Many of them say “Hello!” 40 ___ Perignon 43 Old Italian bills 45 Father’s nickname 48 One-masted sailboats 49 Woolly animals that can hum 52 Fruit in some turnovers

53 “Big Three” conference site 54 Venomous snakes 55 Indonesian island where Nyepi is observed 57 Opera highlight 58 Flat fee? 60 Early August births, astrologically 62 Stylish dresser 63 ___ out (cancels) Solution to today’s puzzle:

Show BusinessMirror

www.businessmirror.com.ph

Editor: Gerard S. Ramos • Friday, January 5, 2024

ALESSANDRA DE ROSSI (right) and Euwenn Mikaell in Firefly

BLACKLISTED

THE actress and her husband have parted ways and her in-laws are reportedly doing their best to make sure she never works in this town again. One of her husband’s relatives contacted a company for which she is one of the ambassadors and told the owner to fire the actress. The owner was diplomatic about it. “She isn’t paid in cash but in services,” the owner politely told the husband’s relative, who then insisted that the services the actress availed of be withheld. The owner said that can’t be done because there is a contract, which states that the actress is their ambassador for a certain period of time. The actress’ husband’s relatives also tried to talk to other brands she endorses to no avail. The actress is well-liked in the industry and she may not be a superstar but she delivers when it comes to engagements.

NO TO NDAs

SO lawyers are now involved in the separation of a young showbiz couple. The girl got a lawyer because she is being asked to sign an NDA and she wants to know what her rights are. According to sources, the guy’s family wants the girl to sign an NDA. If she doesn’t sign, the guy has threatened to appear on a talk show to tell all about their relationship. It’s actually not the guy himself making these threats but his family. In fact, the girl has not talked with the guy directly since they broke up. It’s just his family communicating with her.

BAD DRUNK

SO the actor is a bad drunk. Not only is he touchy with other women, he is also unruly and once actually bit a person while he was under the influence of alcohol. There was one time that he and his girlfriend were checked into a hotel because there was a big workrelated event there. During the event, the girlfriend, an actress, went to bed early while the actor stayed behind to drink with his friends. So he got drunk and the party was already over and he still wouldn’t leave. The staff of the hotel didn’t know what to do. It’s a good thing one of the actor’s companions had the good sense to call his girlfriend on the house phone. She went down in her pajamas and told him to go up to the room. He complied. He may be a bad drunk but he’s a henpecked boyfriend for sure.

MARITAL TROUBLES?

THERE are persistent rumors that the marriage of an actor to a beautiful and talented woman is being annulled. That’s because they’s rarely seen together in public and they don’t post each other on social media in this day and age where people broadcast lives online. The couple has always been very private. They have different interests and hobbies. They don’t have the same set of friends. The wife is lovely, quirky, and has a very interesting personality, while the guy is gorgeous and talented. Apart from two public workrelated appearances lately, they have not been seen together this year. Thus, no one knows if the rumors are true or if they’re just rumors. One thing is for sure: If they do break up, there would be one less beautiful couple in this world.

‘Firefly’: Realizing enchantment I

F Firefly had remained on the level of fairy tale, the film would still have contributed a rare gem to Philippine cinema. With lessons in pastel shades and through images of phantasm, Zig Dulay’s foray into a children’s tale respects the powers of magic and folk tales, using them to tell a small boy the truth about death and why mothers, their only succor against the cruelties of the world, had to go away. And yet Firefly does not end there. The filmmakers—Dulay and his writer, Angeli Atienza, and the cinematographer, Neil Daza—conclude this tale of enchantment, with lots of risk in the realities of childhood. Firefly is an origin myth: a world where the opposite of love is not hate but violence, and where narrators resolve their dreams by visiting the nightmares in caves of fireflies. The story begins at the National Children’s Book Awards. A writer is being interviewed, with the journalist suggesting he may have plagiarized the story. The writer does not seem to be interested in disproving the doubts of the woman journalist. A constant shifting from the past to the present reveals the boy to be this man. He grows up listening to the wondrous tales of his mother. Of magic mountains where dwells a gentle enchanted lady, of the sleeping giant who sneezes. From the moment the film opens, the filmmakers hold on to this magic thread spinning the lores with colors of the places. There is poverty but it seems to be a friendly kind in hues that are soft. Is there truth

in this depiction? But something else happens—the mother finds out she is ill and, at this point, the narration takes on a grittier direction. How does a mother tell her son that she is going? How will she help this son whose main aim in life is to find bravery in his heart when the reason for that courage in front of him is about to disappear. And so the mother “vanishes.” But before that, she tells her son that the answer to all his quest for a tough heart is there in the island of fireflies where love will teach him everything. At this point, the film takes on the motif of a hero on a journey, where the boy is joined by other people all with emotional burden and disabilities. There is the young man who has given all his heart (and money) to the woman he loved but did not love him back. There is the girl trying to fleece ordinary people as she saves money because there is no home to go back to. Then, a middle-aged man whose origin is unknown joins the group and brings them to a reunion with his family. At the foot of a mountain, Tonton finds the first clue to where they are going. Will mysticism solve all human problems? I know many in the audience were looking for a resolution where the boy lives happily ever after. But this is Zig Dulay, the trenchant poet of loss, and he has no tricks but truths up in his sleeves. The boy goes back to that cave and, in a tour de force of special effects, returns to a childhood of pain where the mother is abused and he is the witness to all the cruelties. The magical pages confront a child’s mind. The drawings have become memories so tough they are denied. Gone is the heartwarming tale because childhood is no more an enchantment than it is a nightmare landscape inhabited by monsters. But where there is darkness, there are the fireflies, shining symbols of hope against shadows, whether they are real or elusive geographies in the troubled mind of human beings. Firefly is a brave option for the filmmakers to be sincere at the end, to eschew the phantasms and replace them with social facts. This makes Firefly a relevant film, its politics unwavering.

At the core of Firefly is an ensemble of actors fitting each role given to them. The short roles are no mere roles but unforgettable essays in human interest. Cherry Pie Picache, Epy Quizon and Yayo Aguila are, as expected, compelling in their short appearances. Miguel Tanfelix and Ysabel Ortega are added charms. But four actors fill the screen with nothing but brilliance. Max Collins, in what could have been a sounding board of a role, grabs your attention as she guides us back to the present. Her gradual development of empathy to Tonton’s words is nothing short of gracious. What role can this actor named Alessandra de Rossi not create with such quietude? Her mother is so real it is heartbreaking watching her guard her emotions with sometimes a soft move away from her son, or a shift in tone. In assuring her son about the cave of the fireflies and the answers he can find there, de Rossi becomes Mother Earth and Mother Courage. I always have a problem with child-actors (my assumption is that children do not act; they are themselves) but this time I take exception to this young boy, Euwenn Mikaell. He is a presence. Even in the most rigorous scenes, he is the energy from which the story soars. Like de Rossi, there is not a digressive gesture in the body of this young performer. However, it is Dingdong Dantes as the mature Tonton who should surprise everyone. He is, after all, the narrator that links the past and the present, the fable with the truths. Each time he reappears, he is a reference to a past that has been told seconds ago (credit to the editing by Benjo Ferrer) . A subtlety rarely seen in our leading men marks Dantes’s memorable acting. Firefly is produced by GMA Network. It was adjudged the Best Picture in the recently concluded 2023 Metro Manila Film Festival, and won the Best Screenplay for Angeli Atienza. Postscript: In the film, Ticao Island is mentioned as the place where Tonton can find the cave of fireflies. There is a real Ticao Island, a place close to my heart. We all believe it is an enchanted island. n

GMA Network unveils grandest offerings for new year LEADING broadcast company GMA Network unveils its 2024 roster of TV shows and films showcasing world-class Filipino entertainment and bannered by the country’s biggest and brightest stars. Marian Rivera makes her muchawaited comeback in a series with Gabby Concepcion. Together, they headline My Guardian Alien, a story of an alien who lands on Earth and becomes part of a loving family. Will she return to her territory, or has she finally found her home? Jennylyn Mercado also returns to primetime with Xian Lim in Love. Die. Repeat. Jennylyn portrays Angela, who lost her husband in a car accident. Soon, she realizes she is stuck in a time loop and is forced to live the worst day of her life over and over again. Will she be able to save her husband, or is she doomed to experience more pain every single day? Jasmine Curtis-Smith and Rayver Cruz team up for the first time in Asawa ng Asawa Ko. Everyone thought Cristy had died during a rebel attack. Until one day, she returns to the lives of her family. But to her surprise, her husband has already married someone else.

Four of GMA’s biggest stars come together in Pulang Araw. Starring Alden Richards, Sanya Lopez, David Licauco and Barbie Forteza, the series is set in World War II and revolves around the intertwining story of four individuals who must choose among country, family, friends and love. Bea Alonzo, Gabbi Garcia and Carla Abellana star in their first project together, Widows’ War. This show is about the struggles of a widow who mourns for her husband while facing allegations of

murder. The total primetime experience does not end there. Completing the exciting lineup is A Lifetime With You, which centers on love found in a penal farm. GMA’s afternoon block continues to set the bar high with more out-of-the-box and cutting-edge offerings. Set to premiere next year is the first-ever adaptation of a K-drama in the afternoon slot, titled Shining Inheritance. Leading the powerhouse cast are Kate Valdez, Kyline Alcantara, Michael Sager

and seasoned actress Coney Reyes. Jo Berry is Lilet Matias: Attorney-at-Law. She may be small, but she is a feisty rookie lawyer whose dreams are so high they can touch the sky. Highlighting family values and the unconditional love of a mother is Mommy Dearest. The series asks the difficult question: Is a parent worth forgiving if she puts her child in danger? All set to touch hearts is A Mother’s Tale, which focuses on an exemplary mother forced to work as a full-time nanny to

provide for the needs of her family. Her real daughter ends up resenting her, while the child she takes care of grows attached to her more than to her real mom. Even a so-called “perfect family” has some deep, dark secrets. So when the matriarch develops dementia, what becomes more dangerous than her impaired memory is her impaired judgment which threatens to reveal things and destroy her family. This is the story of A Family Like Us. Get to know the woman diagnosed with growth hormone deficiency syndrome in Forever Young. She is a charming public servant trapped in a girl’s body. But this extraordinary condition does not stop her from serving people. This 2024, meet the CEO who is on the brink of losing her beloved grandson. The only one who can help her is the father of the child whose life she ruined years ago. For the Love of Kobe is a narrative about forgiveness set in the backdrop of the world of basketball. GMA has more on offer in 2024 from its news and public affairs. More information is available at www. gmanetwork.com.

Friday, January 5, 2024

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NEW GAME-CHANGING RIDE-HAILING APP PEEKUP ENTERS THE GAME IN 2024

OME 2024, commuters have another reason to get excited and get back into the city as a new, game-changing ride-hailing service provider enters the industry, one created and led by Filipinos for the Filipino commuter. PeekUp, headed by Dave M. Almarinez, Founder and CEO of A Force Ventures Inc., along with Co-Founder and CFO Jayson Chua, is set to redefine the transportation landscape and provide more affordable, reliable, and convenient mobility solutions for both passengers and driver partners. Helping to alleviate the compounding transportation challenges of Metro Manila and surrounding cities, municipalities, and nearby provinces, PeekUp is set to launch in the first quarter of 2024, ensuring to accommodate the thousands of would-be passengers that crisscross the metropolis daily. Be confident that you’ll find a ride—even during high peak hours—and arrive at your destinations safely. Choose from among the available ride options: PeekUp Compact 4-Seater, PeekUp Taxi, and PeekUp Plus 6-Seater. For a seamless experience, users can simply book a ride via the PeekUp App, which can be downloaded for free. The robust app leverages state-of-the-art technology to provide users with an intuitive and user-friendly platform, boasting a

sleek interface, real-time tracking, and advanced safety features to ensure a secure and reliable journey for all passengers. Easily book a ride for yourself or another passenger without worry. As a game-changing provider, PeekUp is also committed to transparency and fairness. With dynamic pricing that adapts to demand, users can expect more budget friendly rates without compromising service quality. PeekUp’s pricing model aims to benefit both passengers and partnerdrivers, creating a mutually beneficial ecosystem. Know exactly how your ride fees are computed as PeekUp displays the ride-cost breakdown to align with its transparency policy. A s the safet y of the passengers and r iders is paramount at PeekUp, t he

platfor m incor porates r igorous partner-dr iver screening processes, rea ltime r ide monitor ing, and emergenc y response features to guarantee a secure env ironment for a l l users. “We understand the deep frustration and longstanding challenges of the Filipino commuter, and we believe that we can help alleviate their woes and revolutionize the transportation landscape by offering more reliable and affordable mobility options,” said Almarinez. “We believe that we’re entering the industry at a very opportune time and we are thrilled to introduce PeekUp to Metro Manila and beyond. Our team has worked tirelessly to create a ride-hailing platform that combines cutting-edge technology with a sincere commitment to convenience, safety, fairness, and community engagement. PeekUp is here not just to provide you a ride; we’re here to bring you a seamless, stress-free experience.” Join us on the journey to a smarter, safer, and seamless mobility future with PeekUp. PeekUp is set to launch in Metro Manila, Laguna, Cavite, R izal, Bulacan, and nearby cities in Q1 2024. To learn more and sign up for early access, visit www.peekup.net. You may also download the PeekUp App via the Apple Store and Google Play soon.

Explore PHL with Mitsubishi vehicles through TARALETS PINAS campaign

ITSUBISHI Motors Philippines (MMPC) recently presented its TARALETS PINAS campaign, a nationwide initiative celebrating the Filipino spirit of adventure and making every journey better with Mitsubishi vehicles. The campaign is a celebration of MMPC’s 60th anniversary and its unwavering commitment to making life better for Filipinos by supporting and cultivating their passion for travel and exploration. TARALETS PINAS aims to inspire Filipinos to rediscover the hidden gems and immerse in the rich culture of the country while driving their Mitsubishi vehicles. Through the campaign, MMPC aims to provide Filipinos with the perfect vehicles and experiences to explore, discover, and create lasting memories. In support of the campaign, MMPC launches an interactive campaign website which features a wealth of information on destinations, road trip itineraries, and food trip tips. People are also encouraged to share their travel stories, experiences, and photos. The campaign is also being flaunted on MMPC’s official social media accounts. MMPC has a long and proud history of supporting Filipino journeys. The company’s reliable and durable vehicles have been a trusted companion for Filipinos on countless road trips and adventures across the country. The campaign seamlessly aligns with MMPC’s tagline, “Life Made Better.” By offering Filipinos dependable and comfortable Mitsubishi vehicles packed with functional and safety features, MMPC empowers them to take on new adventures, rediscover nature’s hidden beauty, and experience the full joy of life on the road. With TARALETS PINAS campaign, MMPC expresses

that it goes beyond simply selling cars. It’s about creating a community of Mitsubishi owners who share a passion for exploration, discovery, and making the most of life’s journeys. By featuring different provinces and its culture and engaging online activities, MMPC wants to cultivate a vibrant community where Filipinos can connect, share their experiences, and get the most out of their Mitsubishi vehicles. The TARALETS PINAS campaign will feature the following provinces in the coming weeks: Bacolod, Guimaras, Ilo-ilo, Pampanga, South Cotabato, Davao, Cebu, Kalinga, Baguio, Bontoc, Siquijor. Each episode will showcase the rich and colorful heritage and culture of each province to invite Filipinos to embark on a journey. MMPC President and CEO Takeshi Hara said, “We encourage Filipinos to pack their bags, fuel up their Mitsubishi vehicles, and embark on their own TARALETS PINAS adventure. We can’t wait to see the amazing places you’ll visit and the incredible experiences you’ll create with Mitsubishi Motors.” Join the TARALETS PINAS movement and experience the joy of adventure with Mitsubishi! Visit your nearest Mitsubishi dealership today, follow Mitsubishi Motors Philippines’ official social media accounts for updates and exclusive offers. For more information on TARALETS contents, visit https://taraletspinas. com/. Share your own Filipino joyrides. Let’s make life better, together, one adventure at a time.

MARINA, Coast Guard commit to stronger, open partnership

N a significant development towards enhancing maritime safety, marine environmental protection and regulatory efficiency, Maritime Industry Authority (MARINA) Administrator Sonia Bautista Malaluan underscored their commitment to a stronger and more engaging partnership with the Philippine Coast Guard (PCG) during her courtesy visit on PCG Commandant Admiral Ronnie Gil Latorilla Gavan last December 28, 2023. Emphasizing the importance of robust collaboration, Malaluan stated, “MARINA is dedicated to fostering stronger connections with key agencies such as PCG and CHED (Commission on Higher Education). Our commitment is to maintain open lines of communication and work hand in hand with PCG to ensure the safety of passengers and vessels.” Commandant Gavan reciprocated the sentiment, emphasizing the enduring

partnership between PCG and MARINA. “There is no hierarchy; we encourage both agencies to progress in fulfilling their mandates,” remarked Commandant Gavan as he advocated for closer staff-to-staff engagement. Acknowledging the significance of technological advancements, Malaluan announced the nationwide roll-out of a digitalization initiative aimed at providing PCG district offices access to a comprehensive database of vessels with expired and active certificates. This system will play a pivotal role in preventing vessels with expired Certificates of Public Convenience (CPCs) from setting sail. “The digitalization effort, slated for launch this 2024, will streamline certificate processes for shipping companies, ensuring a corruption-resistant environment by minimizing human intervention,” explained Malaluan. A nationwide orien-

tation and user training are scheduled starting February, targeting stakeholders, including the PCG. During the meeting, MARINA and PCG pledged to conduct regular dialogues, along with a nationwide reorientation for PCG personnel regarding MARINA policies, rules, regulations and standards. Meanwhile, Malaluan outlined her three priorities for 2024: digitalization, safety of operations, and marine environment protection, all of which received full support from the PCG. This visit aligns with MARINA’s broader agenda to establish stronger ties with government agencies, to ensure effective regulation and enforcement of maritime safety rules and regulations. The collaborative efforts between MARINA and PCG aim to create a safer and more efficient maritime transportation system in the country.

Eastwood City Rings In 2024 with Spectacular New Year Countdown

EASTWOOD City celebrated the start of 2024 with its iconic Dazzling Star Drop.

ASTWOOD City ushered in the New Year with an unforgettable celebration, hosting over 100,000 guests from across the metro. The Eastwood City New Year Countdown, held on December 31, 2023, was a night of music, joy, and excitement, leaving attendees with cherished memories as they embraced the arrival of 2024. Headlining the festivities was the phenomenal OPM singer-songwriter Morissette, who performed her hit song “Phoenix” along with a series of pop favorites. Fans of Kapamilya love team KDLex were treated to enchanting performances from KD Estrada and Alexa Ilacad. Adding to the romance of the celebration, fans and the audience cheered as the lead guitarist and vocalist Dan Ombao of Sunkissed Lola proposed to his partner Mika Aoki during the band’s electrifying set. Other performers included former Up Dharma Down lead singer Armi Millare, P-Pop sensation 1st One, new wave artists PLAYERTWO, and the legendary OPM band Silent Sanctuary. Hosts Mikee Reyes, Janeena Chan, and Aiyana Perlas led the celebrations, keeping the energy high until the stroke of midnight. The iconic Dazzling Star Drop marked the culmination of the countdown, a homage to the Times Square Ball Drop at New York City. Following the star drop, Eastwood City illuminated the night sky with a grand fireworks display, bringing the celebration to a dazzling close. The Eastwood City New Year Countdown once again proved to be a landmark event in the city, uniting thousands from all over the metro for a shared moment of joy and anticipation for the year ahead.

FIRSTMETROSEC’S FundsMart media briefing, attended by top, from left, Karen Roa of First Metro Asset Management Inc.; Mark Angeles, Gonzalo Ordoñez, Mhelvin Abajon, Andoy Beltran of First Metro Securities Brokerage Corporation; (bottom, L-R) Andrew Caw of ATRAM Trust Corp., Dominic Yatco of BPI Wealth, Lercy Cuenca and Angeline Cruz of Sun Life Asset Management, Nelaine Carino of Philequity Management Inc., and Paul Lu and Zed Matubis of Manulife Investment Management Inc.

FirstMetroSec expands fund offerings through FundsMart

IRST Metro Securities Brokerage Corporation (FirstMetroSec) proudly announced an expanded range of investment fund offerings on its online platform, FundsMart. This robust platform serves as a gateway for Filipino investors to leading peso and dollar-denominated mutual funds and Unit Investment Trust Funds (UITFs) in the country. Mutual funds and UITFs are managed by professional fund managers who pool money from various investors to create “baskets” of cash, bonds, stocks, and investment assets. Investing in these funds has several benefits, including expert fund management, low minimum investment requirements, reduced risk through automatic diversification, and liquidity of funds, allowing investors to buy or redeem anytime. “We want FundsMart to cater to every Filipino. Thus, we strive to provide a diverse range of investment products managed by the country’s best fund managers and tailored to meet individuals at various stages of their investment journey, “ Gonzalo Ordoñez, President of FirstMetroSec, told reporters during a media briefing on December 14, 2023 at the Holiday Inn. True to this vision, FundsMart now offers access to more than 130 mutual funds and UITFs from the leading fund houses and trust corporations including ATRAM Trust Corp. (ATRAM), BPI Wealth, First Metro Asset Management Inc. (FAMI), PhilEquity Management Inc. (PEMI), Sun Life Asset Management Company Inc. (SLAMCI), and Manulife Investment Management and Trust Corp. (MIMTC). Launched in 2016, FundsMart ensures a userfriendly experience, allowing investors to screen and compare funds based on performance, access comprehensive fund profiles, and execute transactions without the burden of sales load or transaction fees. FirstMetroSec Senior Vice President Mhelvin Abajon also underscored the convenience of a fully digital, paperless account opening, and that users can invest for as low as P1,000, using a single powerful online account. “When you talk about investments before, there was a misconception that it’s expensive, it’s only for the rich. Not anymore. FundsMart not only provides access but also makes it affordable for investors,” said Andrew Caw, Chief Marketing Officer at ATRAM

Trust Corporation, highlighting the platform’s goal to reduce the barriers to entry.” “Our goal is to build a better Philippines, and we want to reach as many Filipinos as possible—even those without BPI deposit accounts. We see this as a great opportunity to be able to touch a wider set of Filipinos as well,” said Dominic Yatco, Institutional Agency Department Head at BPI Wealth, said of their strategic decision to partner with FirstMetroSec. Recognizing the need for tailored investment solutions, fund managers actively research and analyze markets to identify opportunities that can help clients navigate market volatility and high inflation. Karen Roa, President of First Metro Asset Management Inc., stressed that the current condition of the local market presents challenges and opportunities for both fund managers and investors. “The challenges in domestic markets present opportunities for investors to diversify their portfolios geographically. FundsMart makes it easy for investors to invest in offshore and dollar-denominated funds,” said Paul Lu, Senior Asst. Vice President and Head of Wealth Solutions at Manulife Investment Management Inc. Nelaine Carino, Customer Sales Officer at Philequity Management Inc., added that aside from investment opportunities, this could also actively promote financial inclusion, education, and adaptability to market changes. FirstMetroSec also ensures that its market education programs cater to every investor spectrum. Andoy Beltran, Vice President and Head of Business Development & Market Education at FirstMetroSec, highlighted ongoing initiatives such as customized and gamified seminars, webinars, and podcasts designed for students, employees, OFWs and every single Filipino keen on exploring diverse and affordable investment opportunities such as stocks, bonds, ETFs, REITs, UITFs, or Mutual Funds. “We have been able to engage even the unserved sectors and teach money management, thanks to our common advocacy of promoting financial literacy,” said Angeline Cruz, Head of Banks and Alternative Distribution Channels at Sun Life Asset Management Inc. Through FundsMart, FirstMetroSec aims to broaden the horizons of Filipino investors as they continue to explore the market’s ever-changing potential.

Sports BusinessMirror

mirror_sports@yahoo.com.ph | Editor: Jun Lomibao

Friday, January 5, 2024 B7

Breakthrough in 2023, tough challenge in 2024 M

AJOR breakthroughs on the international stage made the country proud in 2023 and with the Paris Olympics just around the corner, the Philippines stares at a tough yet achievable challenge in 2024. “From a scale of 1 to 10, I give Filipino athletes a high mark of 8.5 to 9 for 2023,” Philippine Olympic Committee (POC) president Abraham “Bambol” Tolentino told RP2 Sports Radio’s Headline Sports in his first live interview in the new year early this week. “Yes, I’m very much contented—after breaking those records and bringing back the glory—all of those accomplishments were hard-earned, both by the athlete and their coaches and the stakeholders,” Tolentino said. Ernest John “EJ” Obiena, the first Filipino to qualify for

Paris, shone brightest in 2023 with his record-breaking performances at the Hangzhou Asian Games and Cambodia Southeast Asian Games and a historic men’s pole vault silver at the world championships. The national men’s basketball team also ranked high on Tolentino’s list following Gilas Pilipinas’s gold medal in Hangzhou, the first for the country since the 1962 Asian Games in Jakarta. “But all these gold medals, these achievements belong to all of us, all Filipinos, all of those who prayed hard,” he said. “It was all about the athletes’ and Team Philippines’ dedication, motivation and inspiration.” Successful was 2023, this year will be a tough challenge with the Paris Olympics just around the corner. “This will be a tough year for us, Paris is just around the corner,” he said. “And before we get there, there are tough competitions for our

Kings’ Jeremy Lin tries to score against the Meralco Bolts’ Jansen Rios during their East Asia Super League game at the PhilSports Arena in Pasig City on Wednesday night. Lin finishes with a double-double of 23 points and 10 rebounds to lead the Kings to their third straight win, 89-77, for the top spot in Group B in the home-and-way league. COURTESY RUDY ESPERAS

ALT LAKE CITY—Jordan Clarkson scored 29 of his 36 points after halftime and Lauri Markkanen added 31 as the Utah Jazz outlasted the tough-luck Detroit Pistons, 154-148, in overtime on Wednesday night. One game after his first tripledouble, Clarkson hit a dagger threepointer with 1:44 left in overtime to give the Jazz a 149-142 lead.

Guiao, RoS try to extend streak vs TNT

Tolentino also stressed in the program that three Filipino athletes are competing in the 2024 Winter Youth Olympic Games scheduled from January 19 to February 1 in Gangwon, South Korea. They are Peter Joseph Groseclose, 16 (speed skating short track); Avery Uriel Balbanida, 14 (skiing, cross-country); and Laetaz Amihan Rabe, 14 (freeski slope style and freeski big air). “I’m proud to announce their qualification and participation in Gangwon,” Tolentino said. “We Filipinos have defied limitations and embraced the challenges of competing in winter sports through the years. We’re living in a tropical country, but our spirit simply knows no boundaries.” Also discussed by Tolentino in the 45-minute live interview were: n The International Olympic Committee will bare its decision on allowing boxing icon and former Senator Manny Pacquiao to compete in Paris by March, n Construction starts early this year for the country’s first indoor

Clarkson on a roll as Jazz beat hard-luck Pistons in overtime

‘Linsanity in the house! The New Taipei

OACH Yeng Guiao has his plan cut out as his Rain or Shine Elasto Painters try to break a tie with the TNT Katropa in their Philippine Basketball Association Commissioner’s Cup duel on Friday at the Smart Araneta Coliseum. “That’s the path we want to go through,” said Guiao, whose wards went 0-5 to open the conference but won four straight to share seventh place with the KaTropa on a 4-5 wonlost record. Magnolia leads the pack with 9-1, followed by Phoenix at 7-2, Meralco at 6-2, San Miguel Beer and Ginebra at 6-3 and Northport at 5-4. Rounding out the standings are NLEX (3-6), Colombian Dyip (2-7) and Blackwater and Converge at the bottom with 1-8. NorthPort, meanwhile, eyes a quarterfinal berth when it battles struggling Blackwater at 4 p.m. before the 8 p.m. match between Rain or Shine and TNT. Guiao is expected to rely heavily

athletes to qualify.” Four Filipinos have so far qualified for Paris—Obiena, Tokyo Olympics bronze medalist boxer Eumir Felix Marcial and gymnasts Carlos Yulo and Aleah Finnegan. With athletics and aquatics offering universality slots, the country is guaranteed with at least three more qualifiers. Tolentino said he’s looking to at least match the 19 athletes in Tokyo. “It will be very good if we again have 19 Olympians, but if we don’t have those numbers, the focus will be on the podium. Hopefully, we haul more in Paris,” he said. Paris marks the centennial of Philippine participation in the Olympics and Tolentino is praying to surpass Hidlyn Diaz-Naranjo’s weightlifting gold medal, Nesty Petecio and Carlo Paalam’s boxing silver and Marcial’s bronze at the Tokyo Games. “We’re not only the country preparing for Paris, everybody else is preparing hard for the Olympics,” Tolentino told veteran host Judith Caringal. “We need all the support— moral, financial, among others.”

The Jazz have won nine of their last 12, their best stretch of the season before they face a road trip to Boston, Philadelphia and Milwaukee. Markkanen and Alec Burks exchanged 3-pointers in the final 5 seconds of regulation to send the game into overtime, where the Jazz finally controlled the game and sent the Pistons to their 30th loss in their last 31 games.

on hulking import Tree Treadwell, who’s averaging 18.2 points, 17.2 rebounds and 5.8 assists in the Elasto Painters’ last five games since replacing DeJuan Summers. The Elasto Painters are also expected to draw heavy contribution from their 6-foot-7 mobile rookie Keith Datu, who was out a few games because of the flu. TNT has yet to pull itself together after losing Rondae Hollis-Jefferson to a neck injury he sustained against the Taipei Fubon Braves during their East Asia Super League game in Santa Rosa City last December 20. The KaTropa tapped his brother Rahlir as a replacement. Calvin Oftana has been playing big for TNT with 20.5 points and 7.3 rebounds in nine games, and is expected to draw support from Glenn Khobuntin, veteran Kelly Williams and former Elasto Painter Jewel Ponferada. Jayson Castro is also in the injury list. Josef Ramos

overall course management. “I prepare by practicing more on my short game and around the green and by improving my course management,” said Sarines. Mona and siblings Lisa and Vito and three other JPGT campaigners, Tiffany Bernardino, Jacob Casuga and Angelica Bañez graced the launch of the second JPGT recently, also at TCC, all expressing their enthusiasm for the upcoming circuit, particularly praising the 18-hole tournament format. Bernardino, who also reached the grand finals in the girls’ 11-12 side, underscored the mental challenges of the sport, expressing a passion for overcoming course difficulties and enjoying the game with friends. “It is great to be on top of the

PHILIPPINE Olympic Committee president Abraham “Bambol” Tolentino says all the achievements in 2023 belong to all Filipinos— all those who prayed hard. International Cycling Union-certified velodrome in Tagaytay City, n POC Golf Cup Legislators Edition on March 13, and n Ratification of the POC’s amended charter. Detroit’s Bojan Bogdanovic scored a season-high 36 points, including eight 3s, and Burks added a seasonbest 27 points. Both spent significant parts of their careers with the Jazz. Cade Cunningham had 31 points and 12 assists, but the Pistons extended their 17-game road losing streak, which has been rolling since their road opening victory at Charlotte on October 27. With 15 seconds left in regulation, Bogdanovic made a three-pointer to tie the game at 135-135 after Clarkson made a layup and a 3-pointer in a 7-0 Jazz run. Burks had given the Pistons a 132-128 lead with 3:06 remaining in regulation. Both teams set season highs in points even before the overtime. Utah last scored 150 points in a 154-105 win over Sacramento on April 28, 2021. The last time the Jazz allowed 150 points in a game was a 150-104 loss to Golden State on January 15, 1986. Utah trailed until midway through the third quarter when the Jazz turned a pair of turnovers into a 3 by Simone Fontecchio and Keyonte George’s fast-break dunk. The Jazz led 95-92 but the Pistons didn’t fold and took a 112-104 lead early in the fourth quarter behind Burks, who had 10 points in the final 2:41 of the third, and Bogdanovic, who hit his seventh 3 to cap the surge. Collin Sexton tallied 25 points for the Jazz, who have won five straight at home. The Pistons have lost seven games this year after blowing double-digit leads. They last led by 10 at 49-39 in the second quarter on Bogdanovic’s jumper. AP

JORDAN CLARKSON explodes anew after booking his first triple-double. AP

JPGT swings into future, holds 10-leg circuit beginning in May HE Junior Philippine Golf Tour (JPGT) goes full blast on its second year with a 10-leg circuit featuring 18-hole tournaments at the country’s top championship courses. Set to start in May during the school break, the tour will boast three age-group for both boys ang girls with the competition structure featuring players aged 15 to 18 clashing in four rounds, while the 8 to 10 and 11 to 14 divisions competing in 36-hole and 54-hole tournaments, respectively. Mona Sarines, a grand finalist in the girls’ 11-12 class from the inaugural JPGT at The Country Club (TCC) last October, shared her preparation strategy, emphasizing improvement in her short game and

Osaka’s comeback as mommy ends in defeat to 3-time champion Pliskova

podium, but what matters to me is beating the course, reaching my goals, and consistently improving my game,” said Bernardino. “Golf with all its challenges is a game that engages the mind and toughens the heart yet remains enjoyable. To conquer all the challenges the course brings while enjoying with my friends is motivation enough.” The first JPGT, initiated by long-time golf patron Ricky Razon, chairman and CEO of the International Container Terminal Services Inc., which sponsors the men’s and ladies’ pro circuits and supports a number of top amateurs and lady pros’ overseas campaigns, also featured an 18-hole tournament and a drive-chip-putt competition to enhance the young players’ overall skills.

Notably, there are no membership fees and the JPGT is distinct from existing junior golf organizations. Philippine Golf Tournaments Inc. general manager Colo Ventosa assured that scheduling conflicts with other junior golf bodies would be avoided, promoting a collaborative environment for the benefit of the young players. “Everybody is invited to play [in the JPGT],” Ventosa said. “If they have a tournament, we make sure we don’t hold an event at that time, because the more tournaments, the better for the players.” She also highlighted the JPGT’s role in supporting the growth of professional golf in the Philippines, fostering the next generation of

golfers to represent the country globally. “We’re doing this so that we can also help the Philippine Golf Tour and the Ladies PGT grow,” said Ventosa. “We want to boost the sport in the country and we also want to grow the young players to be the next professional golfers to represent the country abroad, like Bianca [Pagdanganan], Dottie [Ardina] and Princess [Superal].”

RISBANE, Australia—A loss didn’t bother Naomi Osaka at the Brisbane International as much as the missed opportunity for more matches ahead of the Australian Open. The four-time major winner’s first tournament since becoming a mother ended in a 3-6, 7-6 (4), 6-4 second-round loss Wednesday to three-time Brisbane International champion Karolina Pliskova. Osaka won her first match at the elite level since late 2022 on Monday in straight sets against Tamara Korpatsch. After that win, she said the birth in July of her daughter, Shai, and the changes to her mindset since becoming a mother had given her a better perspective on tennis. A second-round encounter featuring two former No. 1-ranked players was a step up in tempo and a better indication of how Osaka’s preparations are going for the Australian Open, the year’s first Grand Slam event, starting January 14 in Melbourne. “The week is definitely shorter than I wanted it to be,” Osaka said. “I feel like I’m pretty good where I am right now. Even the last time I played here, I think I played better today.” Osaka won the first set but Pliskova recovered and fired 16 aces and hit 50 winners, saving 10 of the 12 breakpoint chances she faced and making amends for her 11 double-faults. “I saw the stats after and my break points could have been better,” Osaka said, “but I think other than that we both played really well...so hopefully she says the same thing!” A former finalist at Wimbledon and the US Open now ranked 39th, the 31-year-old Pliskova was playing for the first time since September after a left wrist injury curtailed her 2023 season. “A lot of things to improve, but a good start,” said Pliskova, who had her left wrist and hand taped for the opening match of the day on Pat Rafter Arena. She’ll next play third-seeded Jel ena Ostapenko, who beat Camila Giorgi, 6-1, 6-4. Top seed and defending Australian Open champion Aryna Sabalenka had a 6-3, 6-0 win over Lucia Bronzetti and will face Zhu Li, a 1-6, 6-3, 7-6 (7) winner over Danielle Collins, in the Round of 16. Second-seeded Elena Rybakina, the 2022 Wimbledon champion, had a 6-4, 6-1 win over Olivia Gadecki and will next play No. 13 Elise Mertens, who beat 2017 US Open champion Sloane Stephens, 2-6, 6-1, 6-3. On the men’s side, top-seeded Holger Rune beat Alexander Shevchenko, 6-4, 5-7, 6-2, in the night match to advance to a quarterfinal against Australian qualifier James Duckworth. Fourth-seeded Ugo Humbert had a 6-4, 6-4 win over Alex Michelsen in a first-round match. Osaka’s next match will be an exhibition in Melbourne on Rod Laver Arena, the main court for the Australian Open, next week. She was happy with her serve against Pliskova, firing 14 aces and just two double-faults, and winning 83 percent of points when she got her first serve into play. “I’ve trained so hard since giving birth, I need to enjoy these moments,” Osaka said, adding she’s changed her attitude to winning and losing since becoming a mom. “I do feel different. I mean, of course I feel sad, but the sadness is me being like, ‘Aww, I wish I could have done better, because I know I’m spending so much time away from her [Shai], so I want it to be worth it somehow.” AP CHANGES to Naomi Osaka’s mindset since becoming a mother has given her a better perspective on tennis. AP

Motoring BusinessMirror

Henry Ford Awards Best Motoring Section 2007, 2008, 2009, 2010 2011 Hall of Fame

B8 Friday, January 5, 2024

Editor: Tet Andolong • www.businessmirror.com.ph

THE newly inaugurated JETOUR Alabang dealership. JETOUR AUTO PHILIPPINES

By Randy S. Peregrino

UTOFLARE Corporation officially opened its newest car dealership, the JETOUR Auto Alabang, conveniently located within the entertainment and business area of the busy metropolitan city of Muntinlupa. It is near major commercial establishments, such as Commerce and Corporate avenues, in Filinvest Alabang, Muntinlupa City. Established in April 2021, Autoflare Corporation is a multi-brand luxury car dealership that ventures

into selling esteemed car marques. JETOUR is Autoflare’s first venture into brand-new car sales. Allied with

(FROM left) JETOUR Auto Alabang General Manager Dante Calma, JETOUR Auto Alabang Dealer Principal Dexter Co, Autoflare Corporation president Rachel Villanueva, JETOUR Auto Philippines Managing Director Miguelito Jose, Barangay Alabang Chairwoman Christine May “Tintin” Abas-Ding, and JETOUR Auto Philippines Marketing Director Cherry May De Los Santos. JETOUR AUTO PHILIPPINES

Honda hoisting the bar

HE race to get there first has never been this frenetic. But will it really happen? That total vehicle electrification will become a reality in 2035—finally? Infrastructure is the main obstacle in reaching the goal as has been essentially expounded in the recent Japan Mobility Show, where, sadly,

there was no definitive formula presented on how to scientifically attack the problem. The charging platform—that plugin mechanism would be put in place spic-and-span in your garage sooner than expected could be as real as Trump running again for president of the US this year?—will soon be

THE waiting area and merchandise section inside the showroom. JETOUR AUTO PHILIPPINES the Autospeedygo Group, Autoflare Corporation is managed by automotive industry veterans whose decades of dealership sales and aftersales operations experience ensure utmost customer satisfaction. Present during the inaugural activity were Autoflare Corporation president Rachel Ann Villanueva, Dealer Principal Dexter Co, Barangay Alabang Chairwoman Christine May “Tintin” Abas-Ding, JETOUR Auto Philippines Managing Director Miguelito Jose, and JETOUR Auto Philippines May De Los Santos Marketing Director. “Autof lare’s par tnership w ith JETOUR symbolizes our trust and belief in the quality, reliability, and

potential of JETOUR to become a highly sought-after car brand in the Philippines,” said Autoflare Corporation president Rachel Ann Villanueva. “Aside from our partnership to introduce JETOUR to the Philippines, Autof lare is also committed to providing premium-level service through JETOUR Auto Alabang. This dealership is the first of many between Autof lare and JETOUR as we work hand-in-hand to provide more Filipinos true value-for-money mobility and a car ownership experience like no other,” added Villanueva. JETOUR Auto Alabang features a unique valet service for owners who schedule their vehicles for Preventive

Maintenance Service. Customers only need to book their car’s service appointment with the new dealership to hand over their vehicles, where a dedicated JETOUR service team will handle the maintenance work offsite. Moreover, the facility has a showroom display space accommodating up to five JETOUR cars. Customers south of the metropolis can access the latest value-for-money models from the brand, such as the JETOUR X70 seven-seat crossover, the X70 Plus premium three-row crossover, the Dashing compact crossover, and the Ice Cream Electric Vehicle. “JETOUR Auto Alabang has been with us from the start, and their

presence in the south of Metro Manila ensures our customers have easy and convenient access to quality service in the area,” shared Miguelito Jose, managing director of JETOUR Auto Philippines. “We are truly honored to have Autoflare Corporation join us in this journey. With Miss Rachel Ann Villanueva as its president, ably supported by its managing director and local automotive industry stalwart, Dexter Co, we have a reliable business partner and an esteemed champion representing JETOUR in Alabang. Their presence in the area ensures we provide the highest quality of service for our clients and customers,” added Jose.

peanuts as not to worry anymore over where to gun up your ride trouble-free? That will be the day. Meanwhile, while everybody was asleep, Honda sprang up with something to think about. Here’s Christine Janine Cortez, hoisting Honda’s electrified digs: “Honda has begun taking initiatives, ahead of the times, to adopt electrification technologies to its automobiles in various ways, in order to reduce CO2 emissions, which Honda considers a critical challenge for a manufacturer of mobility products. Among these electrification technologies, hybrid-electric systems are the most familiar one, and Honda is further expanding its lineup of hybridelectric models. “A hy br id- e lec t r ic ve h ic le i s equipped with electric motors in addition to an engine and achieves excellent fuel economy by efficiently using those two power sources.

“The e:HEV hybrid-electric system was created by combining all of the engine and electrification technologies Honda has amassed to date and adopting a host of new technologies to achieve overwhelmingly high fuel economy and a new level of fun of driving.

is not very high in urban areas where frequent stops and starts are required. On the other hand, an electric motor can generate maximum torque from the low-speed range such as when the vehicle starts moving. By using an electric motor at low speed and an ICE at high speed, the hybrid-electric vehicle achieves high efficiency, resulting in a high fuel economy.

the engine and motor act together to drive the vehicle. “For the low- to mid-speed range, where the motor has an advantage over the engine, the e:HEV works like a series hybrid, and drives the vehicle with a motor. During high-speed cruising, where the engine has an advantage over the motor, the e:HEV works like a parallel hybrid and the engine, which is simply and directly connected to the tires, primarily drives the vehicle. In other words, the e:HEV is an intelligent hybrid system unique to Honda, taking advantage of both series and parallel hybrid systems.” So there. I hope Honda made itself clear.

ICE “THE electric motor drives the vehicle for the entire speed range, and the internal combustion engine (ICE) is engaged only while cruising at high speed. This system achieves high environmental performance while offering the fun of driving unique only to e:HEV, unattainable with an ICE-only system. “An ICE can generate high output at high-rpm range, but can also have difficulty in generating large torque at low-speed range such as when the car starts moving from a stop. Because of this, the fuel economy of ICE vehicles

3 types “AUTOMAKERS around the world use different hybrid-electric systems, and all automakers use different systems depending on the size of the vehicle. “In general, there are three types of hybrid systems: 1) a series hybrid, in which the engine generates electricity and the electric motor drives the vehicle; 2) a parallel hybrid, in which the engine primarily drives the vehicle while the motor assists; and 3) a series-parallel hybrid, in which both

PEE STOP Here’s hoping everybody in the auto industry will live happily, healthily and, yes, prosperously in this so-called Year of The Dragon. I see Tey Sornet smiling sweetly! Jake P. Ayson, too!