BusinessMirror November 15, 2023 by BusinessMirror

BRIGHTLEAF TRIUMPH

BusinessMirror received two of the major awards at the 16th Bright Leaf Agricultural Journalism Awards. Henry Empeño secured the prestigious title of Best Agriculture Story of the Year with his compelling narrative, “Good as Gold,” delving into the challenges and prospects of Zambales’s mango industry. Cai U. Ordinario, Jovee Marie Dela Cruz, and Jovy Nelle Rodriguez, a journalism student from the Lyceum of the Philippines University, clinched the Best Feature Story of the Year award for their insightful piece on the Philippines’s sugar crisis, titled “Skyrocketing sugar prices stoke industry liberalization stakes.” Accompanying them in this triumph are BusinessMirror Editor in Chief Lourdes M. Fernandez and Associate Editor and Agriculture page editor Jennifer A. Ng. ROY DOMINGO

BusinessMirror A broader look at today’s business

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n Wednesday, November 15, 2023 Vol. 19 No. 35

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By Andrea E. San Juan @andreasanjuan

HE European Chamber of Commerce of the Philippines (ECCP) on Tuesday expressed concern over the Philippine Ports Authority’s (PPA) proposed increase in storage charges for foreign containerized cargo, saying this will reduce the competitiveness of the Philippine market. “We need to ensure the competitiveness of the Filipino market so if you put taxes and more blocks— that makes trade more difficult. It’s not helping,” ECCP President Paulo Duarte told reporters on the sidelines of a forum on Tuesday in Makati City. Duarte was referring to a PPA proposal, aired at a public consultation last October 18, to increase by 32 percent the storage charges for import, export and transshipment containers; and by 150 percent the surcharges of the corresponding storage rates with increase for reefer containers. Describing the Philippines’s current macroeconomic data as “very favorable,” the ECCP President said, “we need to continue this path, and not to create more blocks.” According to a statement issued by the Philippine Exporters Confederation Inc. (Philexport) on Friday, the port regulator said foreign cargo are assessed for storage charges when they remain at PPA ports beyond the fee storage period (FSP). In justifying its proposal, the See “ECCP,” A2

OUR SEAS, OUR HOPE A father and daughter engage with a powerful image at the “Not One Inch: Our Seas, Our Hope” exhibit staged by Pinoy Aksyon (Pilipino Aksyon for Governance and the Environment), a volunteer-run non-profit organization. The exhibit, showcased through various media, installments, and exhibitions, is currently hosted at Robinsons Galleria in Quezon City from November 13 to 23, 2023. This poignant display sheds light on the repercussions of the ongoing West Philippine Sea maritime dispute on Filipino fisherfolk. Visitors are invited to delve into the history behind the region, providing a profound and thought-provoking experience. NONOY LACZA

BILL SETS NEW RULE FOR USE OF EXCESS FUNDS OF GOCCS By Jovee Marie N. Dela Cruz @joveemarie

HE House Committee on Appropriations on Tuesday approved a proposal providing additional criterion for the release of unprogrammed appropriations and utilizing excess funds from government-owned and -controlled corporations (GOCCs) by amending Republic Act No. 11936, or the 2023 General Appropriations Act (GAA). House Bill 9513 was principally authored by House

Com m it te e on Way s a nd Means Chairman Joey Sarte Salceda. Salceda said he filed the bill to maximize the idle funds of the GOCCs while filling the national government’s requirements and funding much-needed unprogrammed projects: “instead of burdening the national government with more foreign loans, these government corporations can readily provide the necessary funds for the aforesaid purposes.” See “GOCCs,” A2

BOC nets ₧764.7B from Jan-Nov. 10, above target

HE Bureau of Customs (BOC) announced that it generated P764.68 bi llion in revenues from January to November 10,2023, outpacing the P744.57-billion target on the back of increased trade activities, among others. At a forum organized by the European Chamber of Commerce of the Philippines (ECCP) on Tuesday in Makati City, BOC Commissioner Bienvenido Rubio said, “I am pleased to share with all of you that from January to November 10, 2023, the BOC exceeded its collection target by generating a total of P764.68 billion in revenue.”

Rubio said this is P20.12 billion or 2.7 percent higher than the agency’s P744.57-billion target. He also noted that this “achievement” may be attributed to “increased trade activities, enhanced customs operations and our reinforced efforts to improve lawful revenue collection.” Meanwhile, in the agency’s pursuit to “protect the borders of our country from illicit trade in goods,” the BOC commissioner said BOC’s anti-smuggling campaign has resulted in the seizure of US$41.9 billion worth of prohibited goods See “BOC,” A2

PESO EXCHANGE RATES n US 56.0500 n JAPAN 0.3695 n UK 68.8238 n HK 7.1784 n CHINA 7.6902 n SINGAPORE 41.2496 n AUSTRALIA 35.7599 n EU 59.9791 n KOREA 0.0425 n SAUDI ARABIA 14.9439 Source:

BSP (14 November 2023)

Wednesday, November 15, 2023

BusinessMirror

Cebu Landmasters income up 28% to ₧3B in Jan-Sept By VG Cabuag

@Villygc

EGIONAL property developer Cebu Landmasters Inc. (CLI) on Tuesday said its income in January to September rose 28 percent to P3 billion from P2.4 billion recorded in the same period last year. All of CLI’s business segments recorded double-digit revenue growth, pushing its gross revenues to P13.27 billion, or by 19 percent from the previous year’s P11.1 billion. “We are very pleased with our performance this year, achieving double-digit profit expansions in the last three quarters despite the headwinds of inflation and higher interest rates in the country. This underscores CLI’s commitment to providing value to shareholders and affirms the sustainabil-

BOC. . . Continued from A1

in the 11-month period this year. Rubio told reporters on the sidelines of the forum that a bulk of the seized goods from the antismuggling campaign are counterfeit goods. “Overall it’s counterfeit goods.

ity of our growth trajectory,” CLI Chairman and CEO Jose Soberano III said. Across segments, CLI’s real estate unit continued to be the primary driver of the company’s revenue, the company said. The sector posted a 17-percent increase, propelled by ongoing construction progress and higher units that qualify for revenue recognition. CLI’s sales also surged 25 percent to reach P17 billion during the period. Casa Mira, CLI’s flag[There’s also] fuel, oil, cigarettes,” the BOC Commissioner said. According to BOC’s 2022 Accomplishment Report, throughout the period of January 1 to December 31,2022, the BOC posted a total collection of P862.929 billion, exceeding its P721.520billion target by 19.6 percent. In 2022, Va lue-Added Ta x

ship economic brand, accounted for 52 percent of total sales, underscoring the continued strong demand for housing in the economic market. The company launched 3,664 units valued at P14.87 billion as of end-September, contributing to 93 percent sell-out status for all projects in various stages of development. CLI’s hotel portfolio revenue surged 78 percent during the period, fueled by both higher room rates and increased occupancy. Its leasing business saw a 43-percent increase in revenue, driven by a 71-percent rise in occupancy rates. This was attributed to upcoming handovers in strategic locations like Davao Global Township and 38 Park Avenue, along with other prime commercial spaces nearing completion. Throughout the year, the company spent a total of P10.4 billion in capital expenditures, mostly allocated to project development. A notable investment was the acquisition of a 21-hectare land in the city of General Santos, planned

(VAT) accounted for the largest share amounting to P546.591 billion or 63 percent, followed by Excise Tax of P203.530 billion or 24 percent. Customs Duty came in third with P95.721 billion or 11 percent and other revenues accounted for the P17.087 billion or 2 percent of the total revenue collection. Andrea E. San Juan

to be developed as economic and mid-market communities. Meanwhile, Colliers International’s recent real estate market study affirms CLI’s continued market leadership in the Visayas and Mindanao. As the foremost developer, the listed company holds the highest market share at 23 percent in net take-up. “We are honored to be of service to our primary market, the VisMin region,” Soberano said. “Rest assured, we remain committed to fulfilling our promise of customer-centric development. Our achievements inspire us to continually enhance our services for all stakeholders.” Looking forward, CLI has entered into a partnership with NTTUDA, a major Japanese developer known globally for commercia l properties, including office buildings, residences, and mixed-use developments. This is the listed company’s first foreign joint venture partnership and is geared towards the development of premium-grade residential towers in the heart of Cebu City.

GOCCs. . . Continued from A1

These funds, he noted, “lie idle in the banks or are invested in time deposits and other securities with other government and non-government financial institutions, resulting in the inefficient use of national government resources.” However, Assistant Minority Leader and Gabriela Women’s Party Rep. Arlene Brosas raised a red flag over the introduction of a fourth criterion for unprogrammed funds. Brosas highlighted the need to scrutinize the provision in the bill that seeks to utilize excess funds from GOCCs, as it will have potential implications for social services and programs. “The current utilization of unprogrammed funds from 2020 to 2022, ranging from 69 percent to 89 percent, reveals that a significant portion of UA is already being funded and utilized through the existing three criteria for financing. For this year, the government even allotted P807 billion in authorized unprogrammed funds— historically the largest annual UA,” Brosas said. The lawmaker also questioned the need to increase the cash streams for unprogrammed funds when these funds should be remitted to the Bureau of Treasury as official revenues. “The proposal to source funds f rom e xcess GOCC re venues raises concerns about the direction of GOCCs and the potential intensification of profit-based fund sourcing at the expense of social services and the welfare of ordinary Filipinos,” Brosas said. “Many existing GOCCs are mandated to address the social service needs of our people, including healthcare, energy, and housing. Instead of allocating funds through unprogrammed funds, it is imperative to prioritize regular funds for agencies directly involved in providing social services. Discretionary allocations through unprogrammed funds may undermine the intended projects and programs for the Filipino people,” Brosas added.

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ECCP. . . Continued from A1

Authority insisted this would ensure optimal use of the container yard and encourage immediate withdrawal of containers to prevent congestion. But Philexport in its letter pointed out that a major policy like this should initially go through a Regulatory Impact Assessment (RIA) as required under Republic Act No. 11032 or the Ease of Doing Business and Efficient Government Service Delivery Act of 2018. “This is to prevent causing undue regulatory harm that might arise from the higher charges. As proposed, we are already seeing the immediate harm they will cause to shippers and the economy in general,” said the letter, dated November 8, 2023 and addressed to PPA general manager Jay Daniel R. Santiago. In a recent PPA hearing, Philexport said, “Any additional cost will hurt the economy and stakeholders that are facing inflation and a weak global economy.” The party-list solon believes that increasing the funds for agencies with direct social services should be the priority rather than relying on discretionary allocations through unprogrammed funds.

Significant tools

IN filing the bill, Salceda said GOCCs are significant tools for economic development, and they share a substantial amount of their net earnings with the national government. “Even after sharing their earnings, there are funds that remain unused by GOCCs,” he said. According to Salceda, the rate at which UA 2023 is being released is relatively slow. “A ssuming ag g regate pr ice levels just increase by 5.0 percent this year, the country’s target budget nominal spending growth should be at least 11.3 percent in order for government spending to match the 6.0 percent real GDP target. This means total releases in the unprogrammed appropriations should be at least 527.2 billion,” he said in his presentation at the appropriation committee. As of October 2023, Salceda said only P261 billion in unprogrammed appropriations had been released. “This means that to reach the hypothetical nominal spending target, the government should release at least another P266.1 billion within the next two months,” he added. A t p r e s e nt , S a l c e d a s a i d the current sources of unprog ra mmed appropr i at ions a re limited to: (1) excess revenue collections in any one of the identified non-tax revenue sources from its corresponding revenue collection target, as ref lected in the Budget of Expenditures and Sources of Financing (BESF); (2) new revenue collection or those arising from new tax or non-tax sources that are not part of, nor included in, the original revenue sources ref lected in the BESF; and (3) approved loans for foreign-assisted projects. “This means that the level of gover nment spending cannot change even when tax collections from existing sources surge [such as during commodity booms for mining taxes and VAT, import surges for duties, or increases in overall economic activity for all income and consumption taxes],” he said. “The government cannot invest in mitigating measures in the case of surges in consumption of sin products, and the national government has to suffer fiscal constraints

The Supply Chain Management Association of the Philippines (SCMAP)—also in a recent hearing—called the proposed rate increase ill-timed, given the recent rise in transport fare, minimum wage, and prices of basic commodities. Other attendees at the hearing suggested either deferring the rate hike or spreading the increase in tranches over a three-year period. Aside from an RIA of the proposed regulation, Ortiz-Luis in the Philexport letter also recommended that no fees be imposed in situations when containers overstayed due to reasons beyond the shipper’s control. Local exporters also recommended that national and local holidays be excluded in counting the days to be charged beyond the FSP; as well as to base the rate of increase on the average inflation level recorded since the last fee adjustment. (Full story here: https://businessmirror.com.ph/2023/11/13/ ppa-fee-hikes-must-undergo-eodb-mandated-assessment/) even with cash-rich government corporations,” he added. According to Salceda, the funds of GOCCs determined to be in excess of their current administrative and operational expenses, benefit obligations, or reserve requirements may be used to implement vital purposes under the unprogrammed appropriations. “In a similar manner, tax collections, whose annual targets are established at the beginning of the year but whose excesses are realized by and during the last quar ter thereof, may be utilized to support the funding requirements of the government and thus help reduce the adverse impact of inf lation and contribute to the overall growth of the economy,” he said. Sa lced a c l a r i f ied t h at h i s proposal also does not violate Section 25 of Chapter 4 of the Administrative Code (Executive Order No. 292), which prohibits “special provisions in the budget earmarking the use of appropriations for specific programs or activities” but not special provisions supplementing sources for existing appropriations.

Possible sources

S A L C E DA s a i d G O C C s w it h significant financial resources that could be tapped into for the benefit of the nation include the Philippine Health Insurance Corp., the Philippine Deposit Insurance Corporation (PDIC), the Philippine Reclamation Authorit y, the Nationa l Transmission Cor porat ion (Transco), and the Philippine National Construction Cor p. Citing PhilHealth’s 2022 Annual Report, Salceda said the organization holds an excess of reserve requirements amounting to P26.043 billion. This surplus is equivalent to two years of programmed expenditures. Salceda also said the PDIC maintains a robust insurance reserve fund of P246 billion, which stands at 7.68 times its annual expenditure of P32 billion. Adhering to a two-year rule, there is an excess fund of P184 billion. Wit h reta ined ear nings amounting to P14.546 billion in 2022 and annual operating expenses of just P1.3 billion, Salceda said the Philippine Reclamation Authority holds a considerable financial cushion. The solon said Transco boasts an accumulated surplus of P11.48 billion, while its annual operating expenses stand at P7.1 billion. He also said the PNCC possesses accumulated retained earnings of P9.2 billion with a modest annual operating expense of P420 million.

Wednesday, November 15, 2023

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

Govt may still appeal erroneous grant of bail to de Lima–Panelo

ormer Presidential Legal Counsel Salvador Panelo on Tuesday said the government could still appeal the “erroneous” grant of bail to former senator and justice secretary Leila de Lima by the lower court to the higher courts. “Should the grant of temporary liberty is affirmed on appeal, it doesn’t mean that the accused will be automatically acquitted. The public prosecutors can introduce further evidence to make a case for conviction,” Panelo said in a statement.

CBCP, labor groups hail de Lima’s release

The Catholic Church and labor groups, meanwhile, expressed positive reactions following the temporary release of de Lima. (Related story: https://businessmirror.com. ph/2023/11/14/judge-allows-de-lima-coaccused-to-post-bail-in-illegal-drug-case/) “Praise God for this good news,”said Catholic Bishops’ Conference of the Philippines (CBCP) Bishop Pablo David of Kalookan in a Radio Veritas report. Meanwhile,laborgroupPartidoManggagawa (PM) said they have been anticipating her “freedom” for several months now “but the dark powers behind De Lima’s incarceration utilized both legal means and political influence to delay her quest for temporary liberty.” The National Labor Coalition has also supported the release of de Lima, hailing Judge Gener Gito who was behind the decision to grant bail to the accused. The former senator was arrested in February 2017 for illegal drug charges. She was a known critic of former President Rodrigo Duterte who questioned the administration’s war on drugs. The bail amount was set to P300,000, the same as that granted to her co-accused former Bureau of Corrections director Franklin Bucayu, former aides Ronnie Dayan and Joenel Sanchez, and alleged bagman Jose Adrian Dera. The bail, according to the social arm of CBCP Caritas Philippines, is a“victory for the rule of law” and a reminder that even the most powerful is not above the law. Caritas Philippines earlier said that de Lima is a victim of political persecution.

“Senator De Lima’s release is a step in the right direction. But we must do more to ensure that justice is served for all Filipinos, regardless of their social status or political affiliation,” said Caritas President Bishop Jose Colin Bagaforo. Despite the release of de Lima, David expressed dismay, questioning why the former senator was released just now after being imprisoned for several years at the custodial center in Camp Crame. “But why only now? Why did it have to take this long for her to be granted a bail? This case has made it so obvious that something is very wrong about our justice system” said David. According to the bishop, the case of de Lima only proves that there is something wrong in the justice system and that government officials are just neglecting it. David is also a critic of the previous administration’s war on drugs

‘Law of karma’

Panelo added: “If however she [de Lima] is finally exonerated, she nevertheless deserves her years of detention for the wrong doing she has committed against the former President Gloria Macapagal-Arroyo, when as the then sitting Secretary of Justice, she (de Lima) defied the order of the Supreme Court by stopping the former from leaving the country for medical treatment. She may evade liability from the crime she is accused of—but she definitely can not escape the law of karma.” If the grant of bail is based on the recantation of witnesses, Panelo said, “The court may have been oblivious on the established jurisprudence on the effect of recantation of witnesses.” “The recanting witnesses have not proven before the court that their previous adverse testimonies on de Lima were done under threat or that they were coerced into falsely testifying before the court,” Panelo, who served during the term of former President Rodrigo Duterte, said. Moreover, even without their testimonies there is strong evidence establishing the guilt of the accused beyond a reasonable doubt, he added. Patrick V. Miguel

‘Kamandag’ participants train on mortar firing techniques

‘K

amandag” participants in Palawan were taught various techniques in firing a mortar, one of the most compact, lightweight, man-portable weapon systems in the world. “The mortar familiarization SMEE [subject matter expert exchanges] aimed to enhance participants’ understanding and proficiency in mortar systems. Through practical demonstrations and interactive sessions, attendees gained insights in mortar operations, aiming and firing techniques, ammunition types, and range estimation,”Philippine Marine Corps (PMC) public affairs office chief Capt. Jarald Rea said in a statement. The activity emphasized the importance of accuracy, safety, and effective teamwork in mortar employment. Aside from this, “Kamandag” participants were trained on explosive ordnance disposal (EOD).

“The EOD SMEE focused on equipping participants with advanced techniques safely and efficiently in detecting, neutralizing, and disposing explosive devices. Experts from different countries shared their experiences and expertise in EOD operations, including bomb disposal procedures, improvised explosive devices recognition, and post-blast investigation techniques,” Rea said. Around 1,732 personnel from the PMC will be participating in “Kamandag,” while 902 will be coming from the US Marine Corps. Meanwhile, 57 personnel will be coming from the Republic of Korea Marine Corps and along with another 50 from the Japan Ground Self-Defense Force. Eight military personnel from the United Kingdom will act as observers. “Kamandag” will run from November 9 to 20 in various locations in Luzon and the Visayas.

SC affirms Sandigan ruling vs govt in Marcos-Tan case

relating to his supposed meetings with his father and Tan on the alleged interest of the Marcoses in the latter’s businesses and their supposed 60-40 business arrangement, the Court declared his testimony as hearsay which cannot be used as evidence of the prosecution. “After due consideration of the foregoing, it is clear that Marcos Jr. does not have personal knowledge of the alleged 60-40 business arrangement or the share transfers between and among the various corporations. It does not appear that he was privy to any of these transactions,” the SC said. “Thus, the Court finds that Marcos Jr.’s testimony is hearsay and may not be used to prove the truth of the facts asserted. Hearsay evidence, whether objected to or not, cannot be given credence for it has no probative value,” it pointed out. Likewise, the SC affirmed the Sandiganbayan’s resolution issued on December 22, 2010, dismissing the ill-gotten wealth case against two of the respondents—Don Ferry and Cesar Zalamea—in connection with the anomalous Sipalay deal. The Court also dismissed the PCGG’s petition seeking the reversal of the Sandiganbayan’s resolution issued on July 8 and August 23, 2011, denying its motion to admit a third amended complaint which seeks to include Philip Morris and Fortune Tobacco and several other individuals as respondents in the case. It alleged that substantial capital and assets of respondents Fortune Tobacco and Northern Tobacco have been fraudulently transferred to PMFTC.

Continued from A16

On Tan’s written disclosure, the Court said this cannot be admitted as evidence due to the failure of the prosecution to present him as a witness to authenticate the document. The PCCG relied on Tan’s written disclosure to prove the 60-40 business arrangement between Tan and Marcos, including the supposed incorporations of holding companies for the latter’s benefit. It was executed and submitted by Tan in 1986 to the late senator and then PCGG chairman Jovito Salonga during the agency’s investigation on the alleged Marcos-Tan partnership. “As a rule, before a private document is admitted in evidence, it must be authenticated either by the person who executed it, the person before whom its execution was acknowledged, any person who was present and saw it executed, or who after its execution, saw it and recognized the signatures, or the person to whom the parties to the instruments had previously confessed execution thereof,” the SC explained. “Here, the Written Disclosure cannot be admitted as evidence of the truth of its contents. The Republic did not present respondent Tan, the one who executed the document, as a witness. As such, respondent Tan was not cross-examined on the statements he made in the Written Disclosure. The hearsay rule excludes evidence that cannot be tested by cross-examination,” it noted. With regard to Marcos Jr.’s testimony

Rex Anthony Naval

PHL presence in WPS to continue amid rising Chinese hostile actions, PCG says By Rex Anthony Naval

espite increasing aggressive actions from Chinese vessels against Filipino resupply boats and their escorts, the Philippines will not be abandoning its presence in the West Philippine Sea (WPS). “They already used water cannon[s], we already experienced military-grade laser[s], there was already a collision, ramming incident[s], all of these were already thrown at us. What are the worst things that we can expect? I really don’t know. But definitely they would still be carrying out provocative and aggressive actions,” Philippine Coast Guard (PCG) spokesperson for the WPS Commodore Jay Tarriela said when asked if they are expecting more aggressive actions from China during an interview with CNN Philippines Tuesday. “But definitely they would still be

carrying out provocative and aggressive actions. But one thing is certain, the national government, the Armed Forces of the Philippines and the Philippine Coast Guard will not be deterred and prevented from carrying out our mandated function in maintaining our presence in the WPS,” he stressed. In the same interview, Tarriela also believes that the increasing numbers of Chinese vessels attempting to intercept and harass PCG ships engaged in resupply missions in the WPS is a sign that they are able to come in closer to Ayungin Shoal as shown by the November 10 resupply mission. “We were able to come close at a distance of .9 nautical miles, although this has never been done before it is worth mentioning the PCG [keeps] on pushing, we started from 10, 9, 8 and then 5 [nautical miles] and then of course this is the closest that we ever got,” he pointed out.

Tarriela also said this allowed PCG ships present to deploy their rigid hull inflatable boats. “And we also took this opportunity to bring our media friends with us, so as you can see the Chinese (are) just responding with our intention to come close to Ayungin Shoal,” he added. The National Task Force-West Philippine Sea (NTF-WPS) earlier said that the Philippines will not be deterred in exercising its legal rights over its maritime territories after Filipino supply boats on November 10 successfully completed their resupply mission for the troops manning the BRP Sierra Madre. “The Philippines will not be deterred from exercising our legal rights over our maritime zones, including Ayungin Shoal, which forms part of our exclusive economic zone and continental shelf. We demand that China demonstrate that it is a responsible

and trustworthy member of the international community,” it added. It issued this comment after China Coast Guard (CCG) and Chinese Maritime Militia vessels at around 7:30 a.m. of November 10 “recklessly harassed, blocked, and executed dangerous maneuvers” in an attempt to prevent the Philippine resupply mission. “CCG vessel 5203 deployed a water cannon against Philippine supply vessel M/L Kalayaan in an illegal though unsuccessful attempt to force the latter to alter course. Supply boats Unaizah Mae 1 [UM-1] and M/L Kalayaan were also subjected to extremely reckless and dangerous harassment at close proximity by CCG rigid-hulled inflatable boats inside Ayungin Shoal lagoon during their approach to BRP Sierra Madre. Nonetheless, both supply boats were able to successfully reach LS-57,” NTF-WPS emphasized.

Rex Anthony Naval

PBBM outlines tasks for BARMM legislators

resident Ferdinand R. Marcos Jr. called on local legislators of the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM) to make use of international best practices in crafting their new operational policies. He noted BARMM’s use of a parliamentary form of government, wherein the legislative branch also has executive powers, is unprecedented in the Philippines. “It is something that we still have to study with the experiences of other people, other countries around the world,” the Chief Executive told the participants of the first BARMM Local Legislative General Assembly in Davao City on Tuesday. “How that is going to work, how we will conceptualize it, how we will operationalize it. That is the job that you have before you today,” he added.

The event aims to empower the local legislature of BARMM so they can coordinate their initiatives to implement the Republic Act (RA) No. 11054 or the Bangsamoro Organic Law. T he loc a l leg isl at ive body of BARMM includes the 67 provincial board members, 34 vice mayors, and 1,206 councilors together with Sangguniang Kabataan chairs and Alliance for Barangay Concerns.

False starts With the ongoing efforts to set up the institutions in the BARMM, Marcos said the region is now closer to achieving lasting peace. “We have made some false starts. We have come to some successes. But we have never come this far,” Marcos said. The government first tried addressing the Islamic separatist move-

ments in Mindanao with the creation of the Autonomous Region in Muslim Mindanao (ARMM) in 1989. However, the creation of ARMM failed to end conflicts in Mindanao since it supposedly suffered from corruption and mismanagement. ARMM was eventually replaced by BARMM with the ratification of RA 11054 in 2019. Among the key differences between ARMM and the BARMM is the latter makes use of a unitary form of government, while the latter will be under parliamentary scheme.

NG support Marcos said his administration would continue to provide support to BARMM so it can develop its institutions and begin its full operations. “Whatever problem is in Mindanao is a Philippine problem and that is

Sen. Chiz prods DMW to pursue treaties allowing convicted OFWs to serve sentence in Philippines By Butch Fernandez

@butchfBM

e nator Fr a nc i s c o “C h i z” E sc udero prodde d t he De partment of Migrant Workers (DMW) to pursue treaties that would allow convicted Filipinos abroad to serve their prison term in the Philippines. Taking the floor at the plenary’s period of interpellation tackling the 2024 proposed budget of the DMW, Escudero stressed the need to “prioritize this undertaking in the DMW agenda in the spirit of giving second chances for our convicted countrymen or even those classified as “detention prisoners.” The senator reminded that to date, the DMW reported there are 1,254 overseas Filipino workers (OFWs) in prison broken down at: 293 in AsiaPacific, 7 in Europe; and 954 in the Middle East. At the same time, Escudero re-

called for consideration the case of “a Spanish national in the Philippines who was imprisoned for allegedly killing someone in Cebu, and the very first thing Spain did was to negotiate and try to enter into a treaty with the Philippines with respect to prisoner exchange.” Escudero told his colleagues at the Senate plenary deliberations he was referring to case of Francisco “Paco” Larrañaga in Cebu involving the abduction of sisters Marijoy and Jacqueline Chiong on July 16, 1997 outside Ayala Center. The senator related that sensational case became known as the “trial of the decade” in the Visayas due to the prominence of the suspects, including Larrañaga, whose mother was a cousin of the late Cebu governor Emilio Mario “Lito” Osmeña. Escudero also recalled that the same case “prompted the Spanish government” to have the Treaty of Sentenced Persons Agreement (TSPA)

signed between the Philippines and Spain on May 18, 2007 that was also ratified on the same year by the Senate. “Given that we have so many OFWs, whose victims maybe a fellow Filipino working abroad or a foreign national, wouldn’t it be an opportune time for the Philippines to have been doing this similar thing?” Escudero asked, recalling that the TSPA with Spain paved the way to the Philippines having similar agreements with the United Kingdom (UK), Thailand and Hong Kong. As crafted, the treaty allows individuals sentenced in another country to opt to serve their sentences in their native country, which Escudero clarified, noting, “this means that Filipinos convicted in the UK can now choose to serve their remaining sentences in the Philippines.” He, however, hastened to remind, “It would be a different matter for us to succeed or get that treaty.”

why it requires efforts of all governments to make sure that BARMM will be a success in the future,” the President said. Among the assistance the national government (NG) will provide, he said, will be to solicit international aid for BARMM from other countries like Malaysia. He said among the latest count r ies to ple d ge it s s up p or t for BARMM was Japan through NonProject Grant Aid worth US$6.8 million to be used for BARMM’s Construction Equipment for Road Network Improvement and Disaster Quick Response Operation. “With these initiatives, we will usher in a new era where BARMM becomes a shining beacon of sustainable development in Mindanao and the rest of the Philippines,” Marcos said. Samuel P. Medenilla

“But, at the very least, we should pursue it lalo na sa Middle East and Southeast Asia where we have a huge number of Filipinos,” he said. In addition, Escudero noted, “If an OFW is convicted, let us say to suffer the penalty of 30-year incarceration in Saudi Arabia for example, and the family is poor, the next time they see each other will be 30 years after already because I doubt if the family can visit him every year and spend that much to travel. And they are not even sure if they can see the convicted relative whenever they do visit that place,” he added. Moreover, Escudero recalled that during last year’s budget deliberation, he had brought the subject matter to then Migrant Workers Secretary Susan Ople, who committed to work on it. “I think in the spirit of giving second chances and enabling our Filipino compatriots who have been convicted in a foreign land justly or unjustly, for this to be pursued through the DMW and the DFA. I asked this during the previous deliberation with the late Secretary Ople who committed to do this,” he said.

Sen. Go condemns murder of Jumalon, calls for swift justice for slain journalist

e nato r Christopher “Bong” Go condemned the recent murder of Juan Jumalon, a broadcaster and radio station owner from Calamba, Misamis Occidental following his visit to government military troops stationed in the Island Garden City of Samal, Davao del Norte. Go, who has been a vocal advocate for media security, reiterated his call for justice and heightened protection of journalists. He extended his deepest condolences, reiterating, “Kinokondena po natin at nakikiramay po tayo sa pagkamatay ng yumaong broadcaster

na si Juan Jumalon ng Calamba, Misamis Occidental.” He underscored the importance of journalists like Jumalon, who was both the owner and a journalist at his radio station, highlighting their role in delivering news and relevant information to the Filipino people. Further amplifying his previous appeals, Go urged authorities to step up efforts to protect media workers, stating, “Protektahan po natin ang ating media people, mga trimedia, writer, vlogger, reporter, o mga radio announcer katulad ni Juan Jumalon.”

His call for protection extends to all forms of media, recognizing their collective effort in disseminating timely, accurate and relevant information. Jumalon was fatally shot while airing live from his home in Calamba, Misamis Occidental on November 5. Jumalon, who also owned the radio station Gold FM 94.7, was broadcasting live at 5:35 a.m. when an unidentified gunman entered his residence and shot him in the head. He was pronounced dead upon arrival at the Calamba District Hospital. Local police have launched an investigation

and identified three suspects potentially linked to a gun-for-hire group. They are also considering a personal motive behind the killing. Go, highlighting his ongoing commitment to media welfare, mentioned his filing of Senate Bill No. 1183, the proposed Media and Entertainment Workers’ Welfare Act, aimed at enhancing protection and benefits for media workers. Meanwhile, Go also urged media practitioners to uphold the truth and avoid spreading misinformation.

Wednesday, November 15, 2023

Economy

Think tank tells lawmakers: Dig deeper into ‘elevated’ power rates By Jovee Marie N. Dela Cruz @joveemarie

OLICY think tank Infrawatch Philippines called on Congress on Tuesday to enlighten the public by providing context for the higher power rates in the country, saying decision-makers should recognize the real cause behind the “elevated” electricity rates in the Philippines compared to other countries. Former lawmaker and Infrawatch Convenor Terry Ridon made the appeal amid discussions that tend to oversimplify the issue, focusing on

splitting franchises without fully grasping the intricacies of power rates not only for the Manila Electric Company (Meralco) but also for various distribution utilities and electric cooperatives nationwide. Ridon pointed out that unlike m a ny neig hbor i ng n at ion s, t he country’s electricity rates are not subsid i z ed b y t he gover n ment , thereby, ref lecting the actual cost of electricity. “ T he conversations about the country’s electricity rates have been going on for so long, and yet many of our decision makers fail to recognize

the real reason behind the higher rates compared to other countries. Unlike many of our neighbors, our rates are not subsidized by our government and therefore reflect the real cost of electricity,” Ridon said. Ridon underscored a crucial point frequently communicated by the energy industry: a significant portion of electricity rates is attributed to power generation, encompassing costs from diverse sources, such as coal, gas, and renewable energy. According to the latest information from Meralco, about 80 percent of being charged are pass-through

charges, meaning they are remitted directly to power generation companies, transmission grid operators, and the government for taxes. Its distribution charge, on the other hand, has not increased nor decreased since its reduction in August 2022. Beyond the discussion on rates, Ridon encouraged lawmakers to address the ongoing challenge of service quality in various regions of the country. Ridon emphasized the importance of a collaborative effort to address persistent issues in the energy sector for the benefit of consumers. “It would be beneficial to even more consumers to look at other parts of the country that are often overlooked. We should work together instead to resolve the perennial problems in the energy sector,” Ridon said.

Group presses LTFRB to dismiss petition for ₧5 jeepney fare hike

RANSPORT advocacy network The Passenger Forum (TPF) requested the Land Transportation Franchising and Regulatory Board (LTFRB) to dismiss a recent petition seeking a significant fare increase for public utility jeepneys. The contentious petition proposes a P5 rise in the base fares and an additional P1 hike for each subsequent kilometer. “Commuters cannot afford another burden. Our budgets do not have any

allowance for another fare increase. The LTFRB should decisively disapprove this petition,” TPF Convener Primo Morillo said. TPF’s opposition came amid rising concerns over the affordability of public transport for everyday commuters. Morillo said the group is advocating for alternative measures that would alleviate the financial strain on both passengers and drivers. He highlighted the broader implications of the fare hike, suggesting

governmental intervention. “This issue is so big that it is already beyond the simple mandate of the LTFRB. We call on the Marcos administration to suspend both the excise tax and the VAT for petroleum products to cushion the effects of skyrocketing oil prices,” he said. Various transport groups have sought for jeepney fare adjustments in response to fluctuating fuel prices and the economic pressures on operators and drivers. The LTFRB last month granted a P1 provisional increase for jeepney fares last month. Despite acknowledging the challenges faced by drivers and operators, Morillo said TPF stands firm against the proposed P5 hike. “The petitioners themselves said that the provisional hike given last month added about 250 pesos to the

daily income of jeepney drivers. This means this new round will add 1250 to their daily income. That additional amount is more than double the current minimum wage in NCR [National Capital Region],” Morillo claimed. He further urged the petitioners to consider the impact of such a fare increase on vulnerable groups like minimum wage earners, students, and the unemployed. Morillo called for “unity” between commuters and drivers, emphasizing the need for unified efforts to find solutions to rising oil prices that do not disproportionately impact any single group. “We understand their situation and we hope that they also understand ours. Commuters and drivers must unite to advance win-win solutions that will not hurt either side’s pockets. We believe this is possible if the transport sector is united,” Morillo said. Lorenz S. Marasigan

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

‘Fiber crop industry ready to emerge as new employment-generating sector’

HE country’s fiber crop industry is now ready to emerge as a new employment-generating sector, President Ferdinand R. Marcos Jr. said on Tuesday. In his message for the 2023 National Fibercrops Summit (NFS), the Chief Executive recognized the economic and livelihood potential of the sector. He d i rec ted Ph i l ippi ne Fiber Industr y Development Authority (PhilFIDA) to continue to provide the necessary support to the fiber crop stakeholders. PhilFIDA is an attached agency of the Department of Agriculture (DA) responsible for promotion and development of the fiber industry.

“I therefore urged the PhilFIDA to remain steadfast in utilizing its mission of providing research, production, education, and trade regulation support so that the fiber industry can take advantage of new avenues for development and growth,” the President said. PhilFIDA held the NFS at the DA Convention Hall in Diliman, Quezon City on Tuesday to gather inputs from stakeholders on how to address the concerns in the production and processing of top priority fiber sources, namely, abaca, cotton, pineapple, salago, and silk. Also discussed were fiber quality, market demand, quality standards, and trade regulations.

Samuel P. Medenilla

Take care of coastal waters, LGUs told

EPARTMENT of the Interior and Local Government (DILG) Secretar y Benjamin “Benhur” Abalos Jr. on Tuesday urged all coastal local government units (LGU) to take good care of their respective municipal waters in compliance with fishery laws and policies. This as Abalos lauded the five LGUs who emerged as top performers in the Fisheries Compliance Audit (FishCA) for their effective management of their municipal waters. Named as this year’s FishCA awardees was Tanza, Cavite (1st place); Naic, Cavite (2nd); Sasmuan, Pampanga (3rd); Balanga City, Bataan (4th); and Macabebe, Pampanga (5th). “Congratulations to all FishCA winners! I hope that you will continue with your good management of municipal waters so that we can continue to benefit from the fresh fish and other seafood we harvest in these waters,” Abalos said in Filipino. The FishC A is being implemented by the DILG with the help of other agencies and nongovernment organizations to assess and monitor the compliance of all coastal LGUs in the Manila Bay Watershed Area under Republic Act 8550 or the Philippine Fisheries Code.

It covers 32 LGUs in the National Capital Region, Region III, and Region IV-A. While the number of LGUs with passing compliance rate increased, Abalos urged low to moderately compliant LGUs to replicate the best practices of the top-performing coastal LGUs for sustained livelihood and food security in communities. According to the DILG chief, LGUs were assessed based on several key indicator areas such as existence of basic municipal/city fisheries ordinance and coastal resource management plan and implementing instrument; functional post-harvest facilities like fish landing sites, fish ports, ice plants, and cold storage; registry of municipal fisherfolk and municipal fishing vessel and gears; creation of municipal/city fisheries and aquatic resources management council; deputation of fishery law enforcement officers/fish wardens; and existing collaboration on coastal resource management. In compliance with the Supreme Court Mandamus requiring the DILG and 12 other government agencies and LGUs to clean up Manila Bay, the DILG issued several directives to reinforce the responsibilities of LGUs in regulating and monitoring fishery activities in municipal waters.

Rex Anthony Naval

BusinessMirror

www.businessmirror.com.ph Republic of the Philippines

DEPARTMENT OF LABOR AND EMPLOYMENT Regional Office No. IV-A 4th Flr. Andenson Bldg. II, Brgy. Parian, Calamba City Telefax No.: (049) 545-7362

MOA CLOUDZONE CORP. Island Cove II, Covelandia Road, Pulvorista, Kawit, Cavite

November 15, 2023

BROTHER INDUSTRIES (PHILIPPINES), INC. Lot 1-B-2, Phase 1-B, First Philippine Industrial Park, Ulango, City of Tanauan, Batangas

NAME OF FOREIGN NATIONAL, POSITION AND BRIEF DESCRIPTION

QUALIFICATION AND SALARY RANGE

KUSAMA, TAKURO

Basic Qualification:

Purchasing Production Control Manager

Brief Job Description: Promote and control department KPI’s and provide technical advice as well as expertise in the Department

MOA CLOUDZONE CORP. Island Cove II, Covelandia Road, Pulvorista, Kawit, Cavite

Basic Qualification:

Burmese Customer Service Representative

Able to speak, read and write Chinese and Burmese language

Manage incoming calls and customer service inquiries 3

MOA CLOUDZONE CORP. Island Cove II, Covelandia Road, Pulvorista, Kawit, Cavite

Chinese Customer Service Representative

Able to speak, read and write Chinese language

MOA CLOUDZONE CORP. Island Cove II, Covelandia Road, Pulvorista, Kawit, Cavite

Able to speak, read and write Chinese language.

MOA CLOUDZONE CORP. Island Cove II, Covelandia Road, Pulvorista, Kawit, Cavite

Chinese Customer Service Representative

Able to speak, read and write Chinese language

MOA CLOUDZONE CORP. Island Cove II, Covelandia Road, Pulvorista, Kawit, Cavite

Indonesian Customer Service Representative

Able to speak, read and write Chinese and Indonesian language

Salary Range: Php30,000 Php59,999

NOVIANTY

Basic Qualification:

Indonesian Customer Service Representative

Able to speak, read and write Chinese and Indonesian language

Salary Range: Php30,000 Php59,999

STEVEN

Basic Qualification:

Indonesian Customer Service Representative

Able to speak, read and write Chinese and Indonesian language

Manage incoming calls and customer service inquiries

Php30,000 Php59,999

Island Cove II, Covelandia Road, Pulvorista, Kawit, Cavite

NGUYEN THI NGOC LIEM

Basic Qualification:

Vietnamese Customer Service Representative

Able to speak, read and write Chinese and Vietnamese language

Brief Job Description: Manage incoming calls and customer service inquiries

MOA CLOUDZONE CORP.

Salary Range: Php30,000 Php59,999

Island Cove II, Covelandia Road, Pulvorista, Kawit, Cavite

NGUYEN, THI KIM XUYEN

Basic Qualification:

Vietnamese Customer Service Representative

Able to speak, read and write Chinese and Vietnamese language

MOA CLOUDZONE CORP. Island Cove II, Covelandia Road, Pulvorista, Kawit, Cavite

Salary Range: Php30,000 Php59,999

TRUONG QUOC MY

Basic Qualification:

Vietnamese Customer Service Representative

Able to speak, read and write Chinese and Vietnamese language

Brief Job Description: Manage incoming calls and customer service inquiries

PRIME GLOVES MANUFACTURING INC.

Salary Range: Php30,000 Php59,999

8 Progress St., Light Industry & Science Park III, San Rafael, City of Sto. Tomas, Batangas

ZHANG, ZHIPING

Basic Qualification:

Senior Production Manager

Must have 10-year experience in export and manufacturing industry

Brief Job Description: In charge of planning, execution of production process, monitor quality standards and costing

Salary Range:

DONG, BANGFAN

Basic Qualification:

IE Supervisor

Must have critical thinking and problemsolving skills

Php30,000 Php59,999

Basic Qualification:

Brief Job Description:

MOA CLOUDZONE CORP.

Salary Range:

ERYCO DJOHANSYAH

Manage incoming calls and customer service inquiries

Php30,000 Php59,999 Basic Qualification:

Brief Job Description:

Salary Range:

YAN, YULAN

Manage incoming calls and customer service inquiries

Php30,000 Php59,999

Chinese Customer Service Representative

Brief Job Description:

Manage incoming calls and customer service inquiries

Salary Range:

Basic Qualification:

Manage incoming calls and customer service inquiries

Brief Job Description:

LIU, XIANGHUA

Brief Job Description:

Able to speak, read and write Chinese and Vietnamese language

Manage incoming calls and customer service inquiries

Able to speak, read and write Chinese language

Manage incoming calls and customer service inquiries

Vietnamese Customer Service Representative

Php30,000 Php59,999

Chinese Customer Service Representative

Brief Job Description:

Php30,000 Php59,999

Basic Qualification:

Brief Job Description:

Basic Qualification:

Manage incoming calls and customer service inquiries

Island Cove II, Covelandia Road, Pulvorista, Kawit, Cavite

Salary Range:

HANG VI NGUYEN

Salary Range:

LI, KANG

Brief Job Description:

Able to speak, read and write Chinese and Indonesian language

Php30,000 Php59,999 Basic Qualification:

Manage incoming calls and customer service inquiries

MOA CLOUDZONE CORP.

Salary Range:

GAO, WEI

Brief Job Description:

Indonesian Customer Service Representative

Salary Range:

NANG HSENG LAUNG

Brief Job Description:

8-10 years of work experience in printing and solution industries with the same position or above and JLPT N2-N1 passer

Php150,000 Php499,999 2

Basic Qualification:

Manage incoming calls and customer service inquiries

Notice is hereby given that the following companies/employers have filed with this Regional Office application/s for Alien Employment Permit/s:

ESTABLISHMENT

SUWANDI

Brief Job Description:

NOTICE OF FILING OF APPLICATION/S FOR ALIEN EMPLOYMENT PERMIT/S (AEP/S)

NO.

Wednesday, November 15, 2023

SERCOMM PHILIPPINES INC. Lot 15, Road 3, Carmelray Industrial Park, Canlubang, City of Calamba, Laguna

Brief Job Description: Design the production processes that maximize efficiency and reduce waste

Salary Range: Php30,000 Php59,999

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 Regional Office IV-A located at 3rd and 4th Floors, Andenson Building II, Parian, Calamba City, Laguna, within 30 days after this publication. Please inform DOLE Regional Office IV-A if you have any information on criminal offense committed by the foreign nationals.

Salary Range: Php30,000 Php59,999

Php30,000 Php59,999

To avail of free job referral, placement, and employment guidance services, visit the nearest Public Employment Service Offices (PESO) or log on at http://www.philjobnet.gov.ph

BusinessMirror

Wednesday, November 15, 2023

ESTABLISHMENT / ADDRESS

ESTABLISHMENT / ADDRESS No.

NAME OF FOREIGN NATIONAL , POSITION AND BRIEF DESCRIPTION

QUALIFICATION AND SALARY RANGE

6 GLOBAL SOLUTIONS INC. 9th & 11th/f Ssk Building, Block 7 Lot 5 Kennedy Road Corner Mindanao Avenue, Don Galo, City Of Parañaque LIU, HE IT Technical Mandarin 1.

Brief Job Description: Perform diagnostic test and troubleshooting to identify client’s issues.

WU, XIAOTING IT Technical Mandarin 2.

Brief Job Description: Perform diagnostic test and troubleshooting to identify client’s issues.

ZHOU, DAWEI IT Technical Mandarin 3.

Brief Job Description: Perform diagnostic test and troubleshooting to identify client’s issues.

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: At least an Associate’s Degree in Computer Science, Networking or Programming. Salary Range: Php 30,000 - Php 59,999 Basic Qualification: At least an Associate’s Degree in Computer Science, Networking or Programming.

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

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

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

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

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

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

10.

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

11.

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

12.

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

13.

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

14.

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

MARIO PURBA Indonesian Speaking Customer Service Officer 15.

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

MARTIN LIUTHER Indonesian Speaking Customer Service Officer 16.

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

17.

18.

19.

20.

21.

22.

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Excellent in reading, writing and speaking in foreign language.

23.

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

24.

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

25.

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

26.

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

LIANG, YUE Mandarin Team Leader 27.

Brief Job Description: Maintain and drive program knowledge for self and team.

GAO, LIRU Chinese Marketing Specialist

Basic Qualification: Foreign language speaking. 28.

Brief Job Description: Chinese Marketing Specialists develop and execute effective marketing strategies to promote products or services.

Basic Qualification: Foreign language speaking.

HONG, YUSHI Chinese Marketing Specialist 29.

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

Brief Job Description: Chinese Marketing Specialists develop and execute effective marketing strategies to promote products or services.

Salary Range: Php 30,000 - Php 59,999 XU, JUNNAN Chinese Marketing Specialist

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

30.

Brief Job Description: Chinese Marketing Specialists develop and execute effective marketing strategies to promote products or services.

NAME OF FOREIGN NATIONAL , POSITION AND BRIEF DESCRIPTION

XU, ZHENLANG Chinese Marketing Specialist 31.

Basic Qualification: Foreign language speaking.

Brief Job Description: Chinese Marketing Specialists develop and execute effective marketing strategies to promote products or services.

QUALIFICATION AND SALARY RANGE Basic Qualification: Ability to work under pressure and motivation to succeed in a competitive environment. Good communication and interpersonal skills. Able to speak and communicate using Mandarin language is an advantage. Must be an aggressive salesperson.

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

Basic Qualification: Excellent in reading, writing and speaking in foreign language.

Basic Qualification: Ability to work under pressure and motivation to succeed in a competitive environment. Good communication and interpersonal skills. Able to speak and communicate using Mandarin language is an advantage. Must be an aggressive salesperson.

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

YANG, SAIDI Chinese Marketing Specialist 32.

Basic Qualification: Foreign language speaking.

Brief Job Description: Chinese Marketing Specialists develop and execute effective marketing strategies to promote products or services.

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

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Excellent in reading, writing and speaking in foreign language.

AMAZON OPERATION SERVICES PHILIPPINES, INC. B21 Three E-com Moa Complex, Harbour Drive Cor. Bay Shore, Brgy. 076, Pasay City

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Foreign language speaking.

TANG XIAO HUI Invest SPC - RCO [CHI]

33.

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Foreign language speaking. Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Foreign language speaking. Salary Range: Php 30,000 - Php 59,999

ANOC99 CORPORATION 5/f To 10/f Ayala Malls Manila Bay Building D., Macapagal Blvd. Cor. Aseana Street, Tambo, City Of Parañaque YIN KWAE YI Burmese Customer Service Representative 34.

Basic Qualification: Excellent in reading, writing and speaking in foreign language. Salary Range: Php 30,000 - Php 59,999

35.

36.

Brief Job Description: Managing incoming calls and customer service inquires. ADRIANE SOUZA, JESSICA Customer Service Representative

37.

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

Brief Job Description: Managing incoming calls and customer service inquires. YI, JINGRU Chinese Customer Service Representative

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

Brief Job Description: Managing incoming calls and customer service inquires. HE, ZILI Chinese Customer Service Representative

Basic Qualification: Foreign language speaking.

Basic Qualification: Can speak Mandarin language.

Brief Job Description: Reviews legitimacy and accuracy of submitted documents by sellers and respond back on the case if needed. Evaluates personal and business information from sellers and verifies the information with reliable internal and external sources assesses collected information about new sellers in order to board them to sell on amazon marketplace.

Basic Qualification: Proficient in Mandarin (reading, listening and writing in simplified and/or traditional Chinese languages) and English languages with an ability to compose grammatically correct, concise and accurate written responses, and intermediate skill with Microsoft office including outlook, word and excel. Salary Range: Php 30,000 - Php 59,999

Brief Job Description: Managing incoming calls and customer service inquires. WANG, PINGHAI Customer Service Representative

38.

Brief Job Description: Managing incoming calls and customer service inquires. SUDIANTO Indonesian Customer Service Representative

39.

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

DO HUU THINH Vietnamese Customer Service Representative 40.

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

HO, HUU QUYEN Vietnamese Customer Service Representative 41.

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

Basic Qualification: Foreign language speaking.

Basic Qualification: Excellent in reading, writing and speaking in foreign language.

No.

Basic Qualification: Excellent in reading, writing and speaking in foreign language.

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

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Excellent in reading, writing and speaking in foreign language.

QUALIFICATION AND SALARY RANGE

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

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

ESTABLISHMENT / ADDRESS

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

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Foreign language speaking.

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

Basic Qualification: Foreign language speaking.

Basic Qualification: Excellent in reading, writing and speaking in foreign language.

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

Basic Qualification: Foreign language speaking.

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

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

Basic Qualification: Excellent in reading, writing and speaking in foreign language.

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

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

Basic Qualification: Excellent in reading, writing and speaking in foreign language.

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

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

Basic Qualification: Foreign language speaking.

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

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

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

NAME OF FOREIGN NATIONAL , POSITION AND BRIEF DESCRIPTION MELINDA Indonesian Speaking Customer Service Officer

Basic Qualification: At least an Associate’s Degree in Computer Science, Networking or Programming.

7 PRIME TECH, INC. 10/f Ewestpod, Eton Westend Square, Yakal St. Cor. Don Chino Roces Ave., San Antonio, City Of Makati ABDIEL ONESIMUS TELAUMBANUA Indonesian Speaking Customer Service Officer

No.

www.businessmirror.com.ph

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

HUA THI OANH Vietnamese Customer Service Representative 42.

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

TRUONG THU HUE Vietnamese Customer Service Representative 43.

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

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

BusinessMirror

www.businessmirror.com.ph

ESTABLISHMENT / ADDRESS No.

NAME OF FOREIGN NATIONAL , POSITION AND BRIEF DESCRIPTION

ESTABLISHMENT / ADDRESS QUALIFICATION AND SALARY RANGE

BEST RELIABLE RESOURCES CORP. Unit 201 Waterfun Residences, 4575 A Sampaloc St. Zone 3, Central Signal Village, City Of Taguig

GOLDBERG, SELA Hebrew Sales And Marketing Representative 44.

Brief Job Description: Present, promote and sell products/services using solid arguments to existing and prospective customer and perform cost-benefit and needs analysis.

Basic Qualification: Bachelor’s degree in Business Marketing or related filed. Experience in sales, marketing or related filed. Strong communication skills and IT fluency. Ability to manage complex projects and multi task. Ability to flourish with minimal guidance. Be proactive and handle uncertainty. Hebrew and English language speaker. Salary Range: Php 30,000 - Php 59,999

HOTZ, ALEC Workforce Planning Analyst 45.

Brief Job Description: Contribute to the planning of effective workforce planning systems for controlling and reporting on performance.

Basic Qualification: Bachelor’s degree in Business Administration or related, a minimum of 8 years contact center environment AHT, FCR, ART, etc., and shrinkage adherence occupancy, etc. Fluent in Hebrew language is preferred and English language speaker. Salary Range: Php 30,000 - Php 59,999

BOSCH SERVICE SOLUTIONS, INC. 23rd Flr W Fifth Ave. Cor., 32nd St. Bonifacio Global City, Fort Bonifacio, City Of Taguig

KIM, CHANGYEON Associate 46.

Brief Job Description: Provides assistance to customers during emergency calls and informational services.

Basic Qualification: At least 6 months of customer service associate experience, and basic to advance MS application skills. Salary Range: Php 90,000 - Php 149,999

No.

54.

55.

56.

JOSHI, KETAN SUNIL GM - Transitions 47.

Brief Job Description: Program / Project / Transition Management leader. Dedicated administrative people manager and facilitator role for client engagement – will be responsible to manage the project codes and allocation.

CHAUDHARY, RISHI Director – Training And Quality 48.

Brief Job Description: Training and Quality lead for Global accounts and verticals. Driving execution and consistency in Concentrix Training and Quality Framework. QUIJANO, WILLIAM GARLAND Sr. Director, Service Delivery

49.

Brief Job Description: Collaborate with Directors and other operational leaders to develop strategic plans; and coordinate with other departments to establish open communications systems that ensure information is mutually shared to achieve optimal results.

Basic Qualification: Must be a seasoned leader for Training and Quality, and with experience handling scale.

57.

ADHAV, SUYASH VIJAY Network Technical Director 50.

Brief Job Description: Provide digital media technical expertise to the team through advising, mentoring, and training using effective team development approaches.

Basic Qualification: Graduate of degree or course, preferably in Communication Arts, Multi-Media Arts, Commerce, Communication Studies, and other related courses.

58.

SUWANDI Indonesian Speaking Customer Service Representative 51.

Brief Job Description: Recommends potential products or services to management by collecting information and analyzing customer needs.

59.

60.

61.

52.

Brief Job Description: Provide metrics to management to allow better managing teams and review and negotiate HR related contracts and agreements.

Basic Qualification: College graduate with at least 5-10 years of experience and must be fluent in spoken and written Mandarin and English languages. Salary Range: Php 90,000 - Php 149,999

62.

63.

53.

Brief Job Description: Respond to customer inquiries to determine appropriate resolution paths.

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

DING, LIANG Project Director Brief Job Description: Develop a timeline that captures milestone project.

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

Brief Job Description: Collaborate with cross functional teams to translate digital strategies.

Brief Job Description: Create and manage products in conjunction with marketing strategies to Indonesian financial system consultant.

Basic Qualification: Can speak Mandarin language.

NAME OF FOREIGN NATIONAL , POSITION AND BRIEF DESCRIPTION

DEL REGUERO DE LA TORRE, PABLO JOSE Delivery Unit Head For Digital Technologies Operations

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

71.

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

Basic Qualification: Excellent computer skills, and familiarity with project management.

64.

HANDI Indonesian Customer Support Representative 72.

Brief Job Description: Maintaining hardware and software installations.

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

Brief Job Description: Create and manage products in conjunction with marketing strategies to Indonesian financial system consultant.

Brief Job Description: Track main industry trends in Indonesian through blogs, micro blogs and forums.

Brief Job Description: Track main industry trends in Indonesian through blogs, micro blogs and forums. JENNY MEILYSIA Indonesian Quality Control

66.

Brief Job Description: Track main industry trends in Indonesian through blogs, micro blogs and forums.

SHERINA Indonesian Quality Control 67.

Brief Job Description: Track main industry trends in Indonesia through blogs, microblogs, and forums.

VALENTINO ARYADI Indonesian Quality Control 68.

Brief Job Description: Track main industry trends in Indonesia through blogs, microblogs, and forums.

APRIZAL AGUNG PRASETYA NAPITUPULU Indonesian IT Support Specialist 69.

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

73.

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

74.

75.

76.

Basic Qualification: Foreign language speaking.

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

YIN, DONG Mandarin Customer Support Specialist 77.

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

Basic Qualification: Foreign language speaking. Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Fluent in both Indonesian and English languages.

ZHANG, XINGRUI Mandarin Customer Support Specialist 78.

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 both Indonesian and English languages.

ZHOU, LEI Mandarin Customer Support Specialist 79.

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

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

80.

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

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

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

DUONG THI HIEN Vietnamese Customer Support Representative Brief Job Description: Supports customers by providing helpful information, answering questions, and responding to complaints.

LE HUU DUY Vietnamese Customer Support Representative

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

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

Basic Qualification: Foreign language speaking.

NGUYEN, QUOC HINH Vietnamese Customer Support Representative

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

81.

82.

Basic Qualification: At least 2 years of experience in the position and fluent in English and Mandarin languages. Salary Range: Php 60,000 - Php 89,999

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

HOANG, THI SU Vietnamese Customer Support Specialist 84.

INDRA PHILIPPINES, INC. 11/f & 12/f, Tower 1, Rockwell Business Center, Ortigas Avenue, Ugong, City Of Pasig

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

TRAN, HO NGOC BAO Vietnamese Customer Support Representative 83.

Brief Job Description: Selects appropriate construction methods for the job and budget and explains contracts and technical information to employees.

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

WANG, JINHU Mandarin Customer Support Specialist

GOLDEN OCEAN CONSTRUCTION SERVICES INC. 1715 G/f Amd Tower F., Agoncillo Street, Barangay 694, Malate, City Of Manila

MAO, YU General Manager

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

CHEN, BAOPENG Mandarin Customer Support Specialist

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

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

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

VINKI IRWAN BERLIAN Indonesian Customer Support Representative

Basic Qualification: Exceptional ability to provide technical support and resolve queries. Salary Range: Php 60,000 - Php 89,999

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

IKTAN ZAINATA Indonesian Customer Support Representative

Basic Qualification: Foreign language speaking. Salary Range: Php 30,000 - Php 59,999

Basic Qualification: Undergraduate degree with an excellent academic record, graduate degree; certification and experience in project, program, or portfolio management; 8 plus years of consulting experience in successful business strategy and project delivery services; preferably with extensive experience, expertise, and knowledge in digital technologies (social, mobile, analytics, big data, etc.) from Spain; and superb communication and presentation skills.

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: Foreign language speaking.

JEFFREY LEE Indonesian Quality Control 65.

Basic Qualification: Foreign language speaking.

Brief Job Description: Responsible for the management of the unit’s portfolio which includes digital technologies and operations and digital solutions and platforms; drive digital technology advisory and implementation services in terms of business development or in actual digital transformation project delivery; and lead the portfolio in the fulfilment of its objectives in relation to the organizational strategies and goals of Indra Philippines.

QUALIFICATION AND SALARY RANGE

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

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

CINDY Indonesian IT Support Specialist

PUTRI SALSABILLA Indonesian IT Support Specialist

70. Basic Qualification: Experienced with Ruckus, Aruba, Meraki Wireless Environments, Docsis, Gpon and Linux.

Brief Job Description: Grow company revenues by developing new product.

MUHAMMAD RIZKI TAMAMI Indonesian IT Support Specialist

FIVE LAKES CONSULTING SERVICES INC. Unit 304 Pacific Center Building, San Miguel Avenue, Ortigas Center, San Antonio, City Of Pasig

DAVIS, GORDON KYLE Technical Customer Care SR Analyst

FU, PEIQI Mandarin Product Developer

FARRELL BERTRAND YAP Indonesian IT Support Specialist

EVISION SOLUTIONS, INC. Level 10-01 One Global Place, 5th Avenue 25th Street Bonifacio Global City, Fort Bonifacio, City Of Taguig

CHEN, GARRY Mandarin Speaking HR And Admin Director

Brief Job Description: Maintain accurate sales record.

KEVIN SUGIANTO Indonesian Financial System Consultant

Basic Qualification: Proficient in speaking, reading and writing in Indonesian language. Salary Range: Php 30,000 - Php 59,999

ZHU, BIN Mandarin Operations Specialist

ANISA LUCIA PRATIWI Indonesian Financial System Consultant

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

EASYTECH SUPPORT INC. 9-11/f, 14/f Capella Bldg., Asean Drive Filinvest, Alabang, City Of Muntinlupa

Brief Job Description: Maintain accurate sales record.

RATNA Indonesian Finance Manager

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

DENTSU SOLUTIONS PHILIPPINES, INC. (CARAT, IPROSPECT, DENTSU SOLUTIONS AND DENTSU MEDIA SOLUTIONS) G/f United Life Bldg.,, 837 A. Arnaiz Ave.,, San Lorenzo, City Of Makati

No.

GIGA INFORMATION TECHNOLOGY AND SOFTWARE DEVELOPMENT INC. 2/f Lipam’s Building, 40 Presidents Avenue, B. F. Homes, City Of Parañaque 31/f Pbcom Tower 6795 Ayala Ave., Cor. V.a. Rufino St.,, Bel-air, City Of Makati

Salary Range: Php 150,000 - Php 499,999 Basic Qualification: Experience in a senior level operations delivery role in a call center environment.

QUALIFICATION AND SALARY RANGE

FOKUSI CONSTRUCTION INC. Unit 2105 & 2106, High Street South Corporate Tower 1, 26th Street Corner 11th Avenue, Bonifacio Global City, Fort Bonifacio, City Of Taguig

Salary Range: Php 150,000 - Php 499,999 CONCENTRIX DAKSH SERVICES PHILIPPINES CORPORATION 2-3f 5-6f 8-11f Spark Place Bldg. P. Tuazon Ave. Cor., 10th Ave. Cubao, Socorro, Quezon City

LI, JIANCHUN Mandarin Operations Specialist

ESTABLISHMENT / ADDRESS

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

COGNIZANT TECHNOLOGY SOLUTIONS PHILIPPINES, INC. 2nd, 3rd, And 4th Floors, Science Hub Tower 4 Bldg., Mckinley Hill Cyberpark, Fort Bonifacio, City Of Taguig Basic Qualification: Degree graduate in Life Sciences, Master of Business Administration, and Post Graduate Diploma in Business Management is preferred. Understanding of business support requirements and Life Sciences/Healthcare Industry protocols and Certification/Audit requirements.

NAME OF FOREIGN NATIONAL , POSITION AND BRIEF DESCRIPTION

Wednesday, November 15, 2023

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

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

BusinessMirror

Wednesday, November 15, 2023

A6 A8

ESTABLISHMENT / ADDRESS No.

NAME OF FOREIGN NATIONAL , POSITION AND BRIEF DESCRIPTION

ESTABLISHMENT / ADDRESS QUALIFICATION AND SALARY RANGE

No.

JIU ZHOU TECHNOLOGIES INTERNATIONAL, INC. U-2801 28/f Pbcom Tower, 6795 Ayala Ave. Cor. V.a. Rufino St., Bel-air, City Of Makati

DANG VU ANH THIEN Vietnamese Customer Service Representative 85.

Brief Job Description: Attracts potential customers by answering product and service questions and suggesting information about other products and services.

Basic Qualification: Proficient in speaking, reading and writing in English and their respective native language for the position applied for. Fluent in Chinese Mandarin language is an advantage.

WEI, DONGJIAO Call Center Agent 98.

LE THI NGOC NGAN Vietnamese Customer Service Representative 86.

Brief Job Description: Attracts potential customers by answering product and service questions and suggesting information about other products and services.

Brief Job Description: Managing incoming calls and customer service inquires. ZHANG, WENFANG Call Center Agent

99.

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Proficient in speaking, reading and writing in English and their respective native language for the position applied for. Fluent in Chinese Mandarin language is an advantage.

NAME OF FOREIGN NATIONAL , POSITION AND BRIEF DESCRIPTION

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

MAI, TIEN AN Customer Service Representative 100.

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

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

NGUYEN HUYEN THANH Vietnamese Customer Service Representative 87.

Brief Job Description: Attracts potential customers by answering product and service questions and suggesting information about other products and services.

Basic Qualification: Proficient in speaking, reading and writing in English and their respective native language for the position applied for. Fluent in Chinese Mandarin language is an advantage.

NGUYEN HUU SON Customer Service Representative 101.

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

NGUYEN VAN HIEU Vietnamese Customer Service Representative 88.

Brief Job Description: Attracts potential customers by answering product and service questions and suggesting information about other products and services.

Basic Qualification: Proficient in speaking, reading and writing in English and their respective native language for the position applied for. Fluent in Chinese Mandarin language is an advantage. Salary Range: Php 30,000 - Php 59,999

NGUYEN THI HOAI THANH Customer Service Representative 102.

89.

Brief Job Description: Contribute in the implementation of marketing strategies.

103.

Basic Qualification: High school diploma/ general education degree, computer literate, and can speak and write Korean & English languages fluently. Salary Range: Php 30,000 - Php 59,999

JEREMY CHANG WEIYANG Vice President, Customer Experience

90.

Brief Job Description: Drive management of customer care with other business units to influence business decision making toward customer-centric organization, and proactively identifies opportunities for experience improvement. Works closely with business leaders to continuously review CX and priorities for improvement.

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

104.

91.

Brief Job Description: Provide outstanding and exceptional customer service.

Basic Qualification: Can speak Chinese/ Mandarin language fluently.

105.

DINH THU HIEN Call Center Agent 92.

Brief Job Description: Managing incoming calls and customer service inquires. LAN, SUZHEN Call Center Agent

106.

93.

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

LI, GUODONG Call Center Agent 94.

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

MUI, THI THU PHUONG Call Center Agent 95.

96.

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

VAN PHU BINH Call Center Agent Brief Job Description: Customer service.

WANG, HONGXIU Call Center Agent 97.

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

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

ESTABLISHMENT / ADDRESS QUALIFICATION AND SALARY RANGE Basic Qualification: College graduate/level and fluent in Mandarin/basic English language. Salary Range: Php 30,000 - Php 59,999

HENDRY GUNAWAN Indonesian Customer Service Representative 107.

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

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

STEVEN HENDARMAN Indonesian Customer Service Representative 108.

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

No.

112.

Basic Qualification: College graduate/level and fluent in Mandarin/basic English language. Salary Range: Php 30,000 - Php 59,999

113.

Basic Qualification: College Graduate/ Level, preferably with customer service or sales experience, and fluent in Mandarin and basic English languages. Salary Range: Php 30,000 - Php 59,999 Basic Qualification: College Graduate/ Level, preferably with customer service or sales experience, and fluent in Mandarin and basic English languages. Salary Range: Php 30,000 - Php 59,999 Basic Qualification: College Graduate/ Level, preferably with customer service or sales experience, and fluent in Mandarin and basic English languages.

114.

115.

116.

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: College Graduate/ Level, preferably with customer service or sales experience, and fluent in Mandarin and basic English languages.

117.

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: College Graduate/ Level, preferably with customer service or sales experience, and fluent in Mandarin and basic English languages.

118.

NAME OF FOREIGN NATIONAL , POSITION AND BRIEF DESCRIPTION

HUANG, CAILI Chinese Customer Service Brief Job Description: Customer support and data base services.

LAI, PENG Chinese Customer Service Brief Job Description: Customer support and data base services.

LI, ZHIQIANG Chinese Customer Service Brief Job Description: Customer support and data base services.

LIU, FENGFAN Chinese Customer Service Brief Job Description: Customer support and data base services.

LIU, YANG Chinese Customer Service Brief Job Description: Customer support and data base services.

LONG, MEIXIN Chinese Customer Service Brief Job Description: Customer support and data base services.

PAN, HUI Chinese Customer Service Brief Job Description: Customer support and data base services.

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: College Graduate/ Level, preferably with customer service or sales experience, and fluent in Mandarin and basic English languages.

119.

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

Basic Qualification: Able to speak, read, and write Chinese and Vietnamese languages.

120.

SUN, HAO Chinese Customer Service Brief Job Description: Customer support and data base services.

WANG, HONGYUAN Chinese Customer Service Brief Job Description: Customer support and data base services.

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

121.

MPOTECH DIGITAL SYSTEM INC. 2/f 331 Bldg., Sen. Gil Puyat Ave., Bel-air, City Of Makati

Basic Qualification: College graduate/level and fluent in Mandarin/basic English language.

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

NGUYEN, THI XUYEN Vietnamese Customer Service Representative

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

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

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

WAN, CHENGYU Customer Service Representative

MARKETROLE ASIA PACIFIC SERVICES, INC. 27/f & 28/f The Enterprise Center Tower 1, 6766 Ayala Ave. Cor. Paseo De Roxas, San Lorenzo, City Of Makati LA, THI KIM HONG Customer Service Representative

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

PHAN, GIAU SANG Customer Service Representative

LAZADA E-SERVICES PHILIPPINES, INC. 23rd Floor Seven/neo, 5th Avenue, Bonifacio Global City, Fort Bonifacio, City Of Taguig Basic Qualification: 10 plus years of experience in strategy work with preference in customer management/customer experience/customer strategy at least 5 years of management/leadership experience, at least 5 years of experience in FMCG, bachelor’s degree in Business, Marketing, or related field is required, and MS or MBA is strongly preferred.

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

NGUYEN VAN VUONG Customer Service Representative

JJ LOGISTICS INC. 2/f Vtp Prime Bldg., 251 A. Aguiree Avenue, B. F. Homes, City Of Parañaque

PARK, HYOJO Korean Marketing Officer

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

www.businessmirror.com.ph

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

122.

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

123.

WANG, XIAOJIE Chinese Customer Service Brief Job Description: Customer support and data base services.

WEI, CHUANDONG Chinese Customer Service Brief Job Description: Customer support and data base services.

WEN, ZHIWEI Chinese Customer Service Brief Job Description: Customer support and data base services.

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: College graduate/level and fluent in Mandarin/basic English language.

NEW ORIENTAL CLUB88 CORPORATION 1331 Pearl Plaza Bldg., 133 Quirino Ave., Tambo, City Of Parañaque Sky Garage Bldg., Aseana Avenue, Entertainment City, Tambo, City Of Parañaque

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: College graduate/level and fluent in Mandarin/basic English language.

109.

CAO, YINI Chinese Customer Service Brief Job Description: Customer support and data base services.

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

Basic Qualification: College graduate/level and fluent in Mandarin/basic English language.

110.

CHEN, JINGANG Chinese Customer Service Brief Job Description: Customer support and data base services.

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

Basic Qualification: College graduate/level and fluent in Mandarin/basic English language. Salary Range: Php 30,000 - Php 59,999

111.

CHOU, XINLEI Chinese Customer Service Brief Job Description: Customer support and data base services.

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

124.

XU, BINBIN Chinese Customer Service Brief Job Description: Customer support and data base services.

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

125.

ZHANG, FAN Chinese Customer Service Brief Job Description: Customer support and data base services.

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

126.

ZHANG, JAIFU Chinese Customer Service Brief Job Description: Customer support and data base services.

QUALIFICATION AND SALARY RANGE Basic Qualification: Knowledgeable in computer applications with good verbal and written communication skills. Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Knowledgeable in computer applications with good verbal and written communication skills. Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Knowledgeable in computer applications with good verbal and written communication skills. Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Knowledgeable in computer applications with good verbal and written communication skills. Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Knowledgeable in computer applications with good verbal and written communication skills. Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Knowledgeable in computer applications with good verbal and written communication skills. Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Knowledgeable in computer applications with good verbal and written communication skills. Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Knowledgeable in computer applications with good verbal and written communication skills. Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Knowledgeable in computer applications with good verbal and written communication skills. Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Knowledgeable in computer applications with good verbal and written communication skills. Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Knowledgeable in computer applications with good verbal and written communication skills. Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Knowledgeable in computer applications with good verbal and written communication skills. Salary Range: Php 30,000 - Php 59,999

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

BusinessMirror

www.businessmirror.com.ph

ESTABLISHMENT / ADDRESS No.

127.

128.

129.

130.

131.

132.

133.

134.

135.

136.

137.

138.

139.

140.

141.

142.

NAME OF FOREIGN NATIONAL , POSITION AND BRIEF DESCRIPTION

ZHANG, XIAO Chinese Customer Service Brief Job Description: Customer support and data base services.

ZHAO, QIN Chinese Customer Service Brief Job Description: Customer support and data base services.

ZHAO, SHUO Chinese Customer Service Brief Job Description: Customer support and data base services.

ZHENG, BORONG Chinese Customer Service Brief Job Description: Customer support and data base services.

ZHENG, LIFENG Chinese Customer Service Brief Job Description: Customer support and data base services.

ZHONG, LIANG Chinese Customer Service Brief Job Description: Customer support and data base services.

ZHONG, QIANMIN Chinese Customer Service Brief Job Description: Customer support and data base services.

ZHONG, YA Chinese Customer Service Brief Job Description: Customer support and data base services.

ZHOU, WEI Chinese Customer Service Brief Job Description: Customer support and data base services.

ZHOU, XINYU Chinese Customer Service Brief Job Description: Customer support and data base services.

ZHU, XIAOLI Chinese Customer Service Brief Job Description: Customer support and data base services.

ARAUJO CAMPOS, THYALLES Customer Service Representative Brief Job Description: Customer support and data base services.

DE SOUZA MENDES SEGUNDO, ADRIANO Customer Service Representative Brief Job Description: Customer support and data base services.

GUSTAVO, DI ROSATO LOPES Customer Service Representative Brief Job Description: Customer support and data base services.

MENEZES, HERLANDER DE OLIVEIRA Customer Service Representative Brief Job Description: Customer support and data base services.

OLIVEIRA SOUZA, JUNIOR Customer Service Representative Brief Job Description: Customer support and data base services.

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

No.

143.

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

144.

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

145.

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

146.

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

147.

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

148.

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

149.

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

150.

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

151.

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

152.

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

153.

154.

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

155.

NAME OF FOREIGN NATIONAL , POSITION AND BRIEF DESCRIPTION

ANTON Indonesian Customer Service Brief Job Description: Customer support and data base services.

EVANGELINE Indonesian Customer Service Brief Job Description: Customer support and data base services.

HENDRA Indonesian Customer Service Brief Job Description: Customer support and data base services.

KIM LY Indonesian Customer Service Brief Job Description: Customer support and data base services.

ONGKY GUNAWAN Indonesian Customer Service Brief Job Description: Customer support and data base services.

RICHERD Indonesian Customer Service Brief Job Description: Customer support and data base services.

RONALD KURNIAWAN Indonesian Customer Service Brief Job Description: Customer support and data base services.

RYCENT Indonesian Customer Service Brief Job Description: Customer support and data base services.

SUSIANA Indonesian Customer Service Brief Job Description: Customer support and data base services.

WILLY PRATAMA Indonesian Customer Service Brief Job Description: Customer support and data base services.

ZOE LAY Indonesian Customer Service Brief Job Description: Customer support and data base services.

KASYMBEK UULU, BAKTYBEK Kyrgyzstan Customer Service Brief Job Description: Customer support and data base services.

CHIN ZHIAO KANG Malaysian Customer Service Brief Job Description: Customer support and data base services.

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

156.

KOON NING SHING Malaysian Customer Service Brief Job Description: Customer support and data base services.

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

157.

LEONG CHEE PING Malaysian Customer Service Brief Job Description: Customer support and data base services.

Wednesday, November 15, 2023

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

No.

158.

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

159.

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

160.

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

161.

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

162.

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

163.

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

164.

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

165.

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

166.

NAME OF FOREIGN NATIONAL , POSITION AND BRIEF DESCRIPTION

LOK SIEW JING Malaysian Customer Service Brief Job Description: Customer support and data base services.

PANG YOING CHAN Malaysian Customer Service Brief Job Description: Customer support and data base services.

TAN HONG JIE Malaysian Customer Service Brief Job Description: Customer support and data base services.

AYE MYINT AUNG Myanmari Customer Service Brief Job Description: Customer support and data base services.

KAUNG LIN HTET Myanmari Customer Service Brief Job Description: Customer support and data base services.

KHIN AYE NYEIN Myanmari Customer Service Brief Job Description: Customer support and data base services.

LA YAUNG Myanmari Customer Service Brief Job Description: Customer support and data base services.

LE, BINH MINH Myanmari Customer Service Brief Job Description: Customer support and data base services.

MA KYU Myanmari Customer Service Brief Job Description: Customer support and data base services.

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

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

167.

MYAT NOE PWINT Myanmari Customer Service Brief Job Description: Customer support and data base services.

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

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

168.

SAI KHUN KAUNG SAN Myanmari Customer Service Brief Job Description: Customer support and data base services.

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

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

169.

SAI MYO MIN Myanmari Customer Service Brief Job Description: Customer support and data base services.

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

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

170.

SAI SAN BHONE THU Myanmari Customer Service Brief Job Description: Customer support and data base services.

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

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

171.

SHWE MYINT Myanmari Customer Service Brief Job Description: Customer support and data base services.

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

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

172.

YU YU HTWE Myanmari Customer Service Brief Job Description: Customer support and data base services.

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

BusinessMirror

A10 A6 Wednesday, November 15, 2023

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NAME OF FOREIGN NATIONAL , POSITION AND BRIEF DESCRIPTION

YU YU MAW Myanmari Customer Service Brief Job Description: Customer support and data base services.

ZAW WIN LWIN Myanmari Customer Service Brief Job Description: Customer support and data base services.

CHANG, CHUNG-HAN Taiwanese Customer Service Brief Job Description: Customer support and data base services.

MAYUROS, SASAROS Thai Customer Service Brief Job Description: Customer support and data base services.

PIRAWIRIYAPAT, THANNAWAT Thai Customer Service Brief Job Description: Customer support and data base services.

SRIKHUNMUEANG, NARISARA Thai Customer Service Brief Job Description: Customer support and data base services.

AN, THI PHUONG Vietnamese Customer Service Brief Job Description: Customer support and data base services.

BUI DUC QUAN Vietnamese Customer Service Brief Job Description: Customer support and data base services.

CHONG SAU PHI Vietnamese Customer Service Brief Job Description: Customer support and data base services.

CHU, THI DUNG Vietnamese Customer Service Brief Job Description: Customer support and data base services.

CONG, VINH PHUONG Vietnamese Customer Service Brief Job Description: Customer support and data base services.

DAU XUAN DAT Vietnamese Customer Service Brief Job Description: Customer support and data base services.

DINH, THI NGOC ANH Vietnamese Customer Service Brief Job Description: Customer support and data base services.

DOAN, THI MONG THUONG Vietnamese Customer Service Brief Job Description: Customer support and data base services.

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

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

No.

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

189.

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

190.

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

191.

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

192.

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

193.

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

194.

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

195.

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

196.

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

197.

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

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

198.

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

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

199.

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

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

200.

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

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

201.

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

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

202.

NAME OF FOREIGN NATIONAL , POSITION AND BRIEF DESCRIPTION

DUONG, MINH HIEU Vietnamese Customer Service Brief Job Description: Customer support and data base services.

DUONG, THI YEN NHI Vietnamese Customer Service Brief Job Description: Customer support and data base services.

HA THI LE Vietnamese Customer Service Brief Job Description: Customer support and data base services.

HA THI TRANG Vietnamese Customer Service Brief Job Description: Customer support and data base services.

HA, THI NGHIEP Vietnamese Customer Service Brief Job Description: Customer support and data base services.

HA, TIEN DAT Vietnamese Customer Service Brief Job Description: Customer support and data base services.

HO, HUU TAI Vietnamese Customer Service Brief Job Description: Customer support and data base services.

HOANG, MANH THANG Vietnamese Customer Service Brief Job Description: Customer support and data base services.

HOANG, THANH HUONG Vietnamese Customer Service Brief Job Description: Customer support and data base services.

HOANG, VAN HOA Vietnamese Customer Service Brief Job Description: Customer support and data base services.

HOANG, VAN TRONG Vietnamese Customer Service Brief Job Description: Customer support and data base services.

HUYNH THI THANH TUYEN Vietnamese Customer Service Brief Job Description: Customer support and data base services.

LA THI HUYEN TRANG Vietnamese Customer Service Brief Job Description: Customer support and data base services.

LAM AN NAM Vietnamese Customer Service Brief Job Description: Customer support and data base services.

LANG, VAN LICH Vietnamese Customer Service Brief Job Description: Customer support and data base services.

www.businessmirror.com.ph

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

No.

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

204.

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

205.

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

206.

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

207.

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

208.

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

209.

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

210.

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

211.

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

212.

NAME OF FOREIGN NATIONAL , POSITION AND BRIEF DESCRIPTION

LANG, VAN VIET Vietnamese Customer Service Brief Job Description: Customer support and data base services.

LAU MY PHUNG Vietnamese Customer Service Brief Job Description: Customer support and data base services.

LAU MY TIEN Vietnamese Customer Service Brief Job Description: Customer support and data base services.

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

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

LE, THU HIEN Vietnamese Customer Service Brief Job Description: Customer support and data base services.

LE, TU UYEN Vietnamese Customer Service Brief Job Description: Customer support and data base services.

LIU NHIN TAC Vietnamese Customer Service Brief Job Description: Customer support and data base services.

LUONG, THI THAM Vietnamese Customer Service Brief Job Description: Customer support and data base services.

LUU, THI CHI Vietnamese Customer Service Brief Job Description: Customer support and data base services.

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

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

213.

LY, VIN TAI Vietnamese Customer Service Brief Job Description: Customer support and data base services.

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

214.

MAI HOANG TRONG TRANG Vietnamese Customer Service Brief Job Description: Customer support and data base services.

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

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

215.

MAI, MINH DUC Vietnamese Customer Service Brief Job Description: Customer support and data base services.

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

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

216.

NGO THI YEN LINH Vietnamese Customer Service Brief Job Description: Customer support and data base services.

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

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

217.

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

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

BusinessMirror

www.businessmirror.com.ph

ESTABLISHMENT / ADDRESS No.

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NAME OF FOREIGN NATIONAL , POSITION AND BRIEF DESCRIPTION

NGUYEN DUY TUAN Vietnamese Customer Service Brief Job Description: Customer support and data base services.

NGUYEN KHANH CUONG Vietnamese Customer Service Brief Job Description: Customer support and data base services.

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

NGUYEN THI KIM DUYEN Vietnamese Customer Service Brief Job Description: Customer support and data base services.

NGUYEN THI KIM TUYEN Vietnamese Customer Service Brief Job Description: Customer support and data base services.

NGUYEN THI TRA MY Vietnamese Customer Service Brief Job Description: Customer support and data base services.

NGUYEN VAN HIEU Vietnamese Customer Service Brief Job Description: Customer support and data base services.

NGUYEN VAN SY Vietnamese Customer Service Brief Job Description: Customer support and data base services.

NGUYEN, DANG KHA Vietnamese Customer Service Brief Job Description: Customer support and data base services.

NGUYEN, DINH HAO Vietnamese Customer Service Brief Job Description: Customer support and data base services.

NGUYEN, DINH TIEN Vietnamese Customer Service Brief Job Description: Customer support and data base services.

NGUYEN, GIA BAO Vietnamese Customer Service Brief Job Description: Customer support and data base services.

NGUYEN, HOAI THU Vietnamese Customer Service Brief Job Description: Customer support and data base services.

NGUYEN, HUU HUNG Vietnamese Customer Service Brief Job Description: Customer support and data base services.

NGUYEN, THI HIEN Vietnamese Customer Service Brief Job Description: Customer support and data base services.

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

No.

233.

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

234.

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

235.

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

236.

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

237.

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

238.

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

239.

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

240.

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

241.

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

242.

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

243.

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

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

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

244.

245.

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

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

246.

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

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

247.

NAME OF FOREIGN NATIONAL , POSITION AND BRIEF DESCRIPTION

NGUYEN, THI HOAI TRAM Vietnamese Customer Service Brief Job Description: Customer support and data base services.

NGUYEN, THI HONG Vietnamese Customer Service Brief Job Description: Customer support and data base services.

NGUYEN, THI HUYEN Vietnamese Customer Service Brief Job Description: Customer support and data base services.

NGUYEN, THI HUYEN TRANG Vietnamese Customer Service Brief Job Description: Customer support and data base services.

NGUYEN, THI NGUYET Vietnamese Customer Service Brief Job Description: Customer support and data base services.

NGUYEN, THI NHI Vietnamese Customer Service Brief Job Description: Customer support and data base services.

NGUYEN, THI THU HUYEN Vietnamese Customer Service Brief Job Description: Customer support and data base services.

NGUYEN, VAN VUONG Vietnamese Customer Service Brief Job Description: Customer support and data base services.

NHIN A NHI Vietnamese Customer Service Brief Job Description: Customer support and data base services.

NONG VAN HOA Vietnamese Customer Service Brief Job Description: Customer support and data base services.

NONG, BICH THUONG Vietnamese Customer Service Brief Job Description: Customer support and data base services.

NONG, HIEU QUOC Vietnamese Customer Service Brief Job Description: Customer support and data base services.

NONG, THI DIEM Vietnamese Customer Service Brief Job Description: Customer support and data base services.

NONG, THI TIEN Vietnamese Customer Service Brief Job Description: Customer support and data base services.

NONG, VAN THINH Vietnamese Customer Service Brief Job Description: Customer support and data base services.

Wednesday, November 15, 2023

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

No.

248.

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

249.

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

250.

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

251.

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

252.

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

253.

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

254.

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

255.

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

256.

NAME OF FOREIGN NATIONAL , POSITION AND BRIEF DESCRIPTION

PHAM THI HONG CUA Vietnamese Customer Service Brief Job Description: Customer support and data base services.

PHAM THI THUY HUONG Vietnamese Customer Service Brief Job Description: Customer support and data base services.

PHAM, KIM DIEP Vietnamese Customer Service Brief Job Description: Customer support and data base services.

PHAM, THI THOI Vietnamese Customer Service Brief Job Description: Customer support and data base services.

PHAN, TIEN MANH Vietnamese Customer Service Brief Job Description: Customer support and data base services.

PHAN, VAN DAT Vietnamese Customer Service Brief Job Description: Customer support and data base services.

PHAN, VAN HAI Vietnamese Customer Service Brief Job Description: Customer support and data base services.

PHAN, VAN HOANG Vietnamese Customer Service Brief Job Description: Customer support and data base services.

PHUONG, THI HOC Vietnamese Customer Service Brief Job Description: Customer support and data base services.

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

257.

TA MINH THANH Vietnamese Customer Service Brief Job Description: Customer support and data base services.

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

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

258.

TA THI LE Vietnamese Customer Service Brief Job Description: Customer support and data base services.

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

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

259.

TANG NHUC SANG Vietnamese Customer Service Brief Job Description: Customer support and data base services.

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

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

260.

THAI QUANG LINH Vietnamese Customer Service Brief Job Description: Customer support and data base services.

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

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

261.

TO THAO LY Vietnamese Customer Service Brief Job Description: Customer support and data base services.

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

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

262.

TRAN THI NGOC HUYEN Vietnamese Customer Service Brief Job Description: Customer support and data base services.

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

A11

BusinessMirror

A12 A6 Wednesday, November 15, 2023

ESTABLISHMENT / ADDRESS No.

263.

264.

265.

266.

267.

268.

NAME OF FOREIGN NATIONAL , POSITION AND BRIEF DESCRIPTION VI, VAN NGHIA Vietnamese Customer Service Brief Job Description: Customer support and data base services.

VONG MY PHANH Vietnamese Customer Service Brief Job Description: Customer support and data base services.

VONG VENH TAC Vietnamese Customer Service Brief Job Description: Customer support and data base services.

VU THI TU NINH Vietnamese Customer Service Brief Job Description: Customer support and data base services.

VU, HAI SON Vietnamese Customer Service Brief Job Description: Customer support and data base services.

VUONG YEN LINH Vietnamese Customer Service Brief Job Description: Customer support and data base services.

ESTABLISHMENT / ADDRESS QUALIFICATION AND SALARY RANGE

No.

269.

270.

271.

Brief Job Description: Maintain accurate sales record. TONG, BING Mandarin Operations Specialist Brief Job Description: Maintain accurate sales record. WANG, HUICHENG Mandarin Operations Specialist Brief Job Description: Maintain accurate sales record. LI, LIANWEI Mandarin Technical Support

272.

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

273.

274.

Brief Job Description: Create specific promotions for affiliates.

TIEU, THI TRAM ANH Vietnamese Language - Marketing Officer Brief Job Description: Create specific promotions for affiliates.

SAN MIGUEL BREWERY INC. # 40, San Miguel Avenue, Wack-wack Greenhills, City Of Mandaluyong

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

286.

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

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

287.

275.

276.

Brief Job Description: Oversees the activities of other workers. WU, YUEYIN Multilingual Business Manager Brief Job Description: Oversees the activities of other workers.

288.

278.

279.

280.

281.

282.

283.

284.

Brief Job Description: Coordinate to the project manager the activities and updates of the project schedule.

Brief Job Description: Managing business critical applications and 1st point of contact for IT users. Responsible for taking care of majority incident and service request management for multiple the impact on customer’s business.

MORE, AJINKYA SUBHASH Technical Lead - Financial Services 289.

290.

Brief Job Description: Responsible for taking care of the overall development process to avoid any impact for the customer environment, SPOC for non-functional requirement module with the customer.

CAI, SHANGBI Marketing Consultant Brief Job Description: Study company profile, and conduct market research.

LE VAN HOA Marketing Consultant Brief Job Description: Study company profile, and conduct market research.

292.

TAN, YAO Marketing Consultant Brief Job Description: Study company profile, and conduct market research.

293.

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

GUO, YONGZHI Chinese Customer Service Representative

Basic Qualification: Foreign language speaking.

Brief Job Description: Manage large amount of incoming phone calls.

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

WAN, DENGQIANG Chinese Customer Service Representative

Basic Qualification: Foreign language speaking.

Brief Job Description: Manage large amount of incoming phone calls.

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

WANG, KUNRONG Chinese Customer Service Representative

Basic Qualification: Foreign language speaking.

Brief Job Description: Manage large amount of incoming phone calls.

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

YU, YANG Chinese Customer Service Representative

Basic Qualification: Foreign language speaking.

Brief Job Description: Manage large amount of incoming phone calls.

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

ZHENG, YANTING Chinese Customer Service Representative

Basic Qualification: Foreign language speaking.

Brief Job Description: Manage large amount of incoming phone calls.

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

LI, JIN-LONG Taiwanese Customer Service Representative

Basic Qualification: Foreign language speaking.

Brief Job Description: Manage large amount of incoming phone calls.

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

NGUYEN THI CAM HONG Vietnamese Customer Service Representative

Basic Qualification: Foreign language speaking.

Brief Job Description: Manage large amount of incoming phone calls.

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

Basic Qualification: Proficient in reading, writing and speaking Bahasa language.

EDI SUFENDI Indonesian Customer Service Supervisor Brief Job Description: Attracts potential customer.

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Proficient in reading, writing and speaking Bahasa language.

JOHAN Indonesian Customer Service Supervisor Brief Job Description: Attracts potential customer.

Salary Range: Php 30,000 - Php 59,999 Basic Qualification: Proficient in reading, writing and speaking Bahasa language.

LIUS ANSELMUS Indonesian Customer Service Supervisor Brief Job Description: Attracts potential customer.

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

CHAO, SHIDONG Sr. Associate - Operations 302.

Basic Qualification: With relative work experience.

Brief Job Description: Responsible for the overall managements of daily activities if the operations team.

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

Salary Range: Php 60,000 - Php 89,999 CHEN, SIMIN Sr. Associate - Operations

Basic Qualification: With min. of 4 years IT experience in telecom industry. With experience in handling tools used for development such as eclipse memory, analyzer, tortoise SVN, SQL developer, putty, soap & postman client.

303.

Basic Qualification: With at least 11 years of experience in implementation of the banking software, and also has experience as production support lead or L2 support. Salary Range: Php 150,000 - Php 499,999

Basic Qualification: College Graduate. Fluent in Mandarin and English languages, preferably 6 months to 1-year work experience in the same field.

Basic Qualification: With relative work experience.

Brief Job Description: Responsible for the overall managements of daily activities of the operation team.

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

YUKI SERVICE CORP. Unit 1206, 12th Floor Trade And Financial Tower, 7th Avenue And 32nd Street Bgc, Fort Bonifacio, City Of Taguig AINA Administrative Officer 304.

Brief Job Description: Act as the point of contact for all employees, providing administrative support and managing their queries.

QUACH BOI LONG Administrative Officer 305.

Brief Job Description: Act as the point of contact for all employees, providing administrative support and managing their queries.

YUE, YUQI Marketing Consultant Brief Job Description: Study company profile, and conduct market research.

Basic Qualification: College Graduate. Fluent in Mandarin and English languages, preferably 6 months to 1-year work experience in the same field.

306.

Brief Job Description: The responsibilities of the operations supervisor include training and supervising employees, reducing operational costs, monitoring their department’s compliance with operational policies, and keeping upto-date with the progress of administrative duties.

HO THI KIM CHAU Sales Representative 307.

Brief Job Description: Responsible for identifying a customer’s needs, pitching relevant products or services, and ensuring they have a positive experience from start to finish. NGUYEN HOANG XUAN TRANG Sales Representative

308.

Brief Job Description: Responsible for identifying a customer’s needs, pitching relevant products or services, and ensuring they have a positive experience from start to finish.

CHAN SIEW LI Support Assistant 309.

294.

Brief Job Description: Handle of construction works. Advice on technical matters when the project sites encounter problems.

Basic Qualification: Experience in Japanese construction firm.

295.

296.

297.

LUU THANH AN IT Specialist Brief Job Description: Maintain the operations of electronic gaming devices.

LUU THI HAI IT Specialist Brief Job Description: Maintain the operations of electronic gaming devices.

LY THI LAN IT Specialist Brief Job Description: Maintain the operations of electronic gaming devices.

Basic Qualification: College graduate with experience in maintaining gaming devices, and fluent in Mandarin language and gaming devices. Salary Range: Php 30,000 - Php 59,999 Basic Qualification: College graduate with experience in maintaining gaming devices, and fluent in Mandarin language and gaming devices. Salary Range: Php 30,000 - Php 59,999 Basic Qualification: College graduate with experience in maintaining gaming devices, and fluent in Mandarin language and gaming devices. Salary Range: Php 30,000 - Php 59,999

VICTORY 88 GROUP LTD INC. 8/f, I Land Bay Plaza Bldg., D-macapagal Ave. Moa Complex, Barangay 76, Pasay City

298.

BENI Indonesian Customer Service Supervisor Brief Job Description: Attracts potential customer.

310.

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

VERTEX DIGITAL ENTERTAINMENT TECHNOLOGIES, INC. 1439 Adriatico Cor. Sta. Monica St., 072, Barangay 669, Ermita, City Of Manila

Basic Qualification: Proficient in reading, writing and speaking Bahasa language. Salary Range: Php 30,000 - Php 59,999

Brief Job Description: Responsible for supporting office staff and performing administrative tasks.

KAO, HSIU-HUA Support Assistant

TOYO CONSTRUCTION CO. LTD. 3/f Planters Products Bldg., 109 Esteban St., San Lorenzo, City Of Makati TSUTSUMI, RYUSUKE Construction Manager

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

LI, YING Operations Supervisor

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

Brief Job Description: Manage large amount of incoming phone calls.

QUALIFICATION AND SALARY RANGE

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

Basic Qualification: Foreign language speaking.

Basic Qualification: College Graduate.

NAME OF FOREIGN NATIONAL , POSITION AND BRIEF DESCRIPTION

WNS GLOBAL SERVICES PHILIPPINES, INC. 9/f 1880 Bldg., Eastwood City Cyberpark, Bagumbayan, Quezon City

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

GUAN, MEIHONG Chinese Customer Service Representative

301.

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

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

Basic Qualification: Must fluently speak and write Vietnamese language to cater foreign markets.

Basic Qualification: With relative work experience.

300.

THE SKYLINE ABYSS INTERNATIONAL INC. Unit 116 G/f The Manila Residences Tower 1, Taft Ave., Barangay 725, Malate, City Of Manila

291.

Basic Qualification: With relative work experience.

Basic Qualification: Representative of Kirin Brewery Company Limited to San Miguel Brewery Inc. Can communicate effectively in both verbal and written English and Japanese languages.

299.

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

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

RIDGE OUTSOURCING SERVICES INC. 46/f Pbcom Tower, 6795 Ayala Ave. Cor. V.a. Rufino St., Bel-air, City Of Makati

277.

Brief Job Description: To study, explore and recommend to SMB business areas of possible cooperation, synergy, exchange of technical expertise, and best practices between SMB and its partner company, to provide necessary assistance that would benefit SMB’s operations in the respective seconded employees’ business area, to provide advice and assistance on regulatory matters for its partner company to enable SMB to provide the necessary information or actions to ensure compliance, and to perform other functions as may be agreed between SMB and its partner company from time to time.

AMIN, ROHAN PRAGNESHBHAI Developer - Operations Support System

Basic Qualification: Can speak Mandarin language.

Basic Qualification: Must fluently speak and write Vietnamese language to cater foreign markets.

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

No.

TATA CONSULTANCY SERVICES (PHILIPPINES) INC. 8th-12th, 14th & 15th Floor, Panorama Tower, 34th Street Corner Lane A, Bonifacio Global City, Fort Bonifacio, City Of Taguig

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

Brief Job Description: Manage large amount of incoming phone calls.

KU, MINSEOK Assistant Project Manager

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

Basic Qualification: Can speak Mandarin language.

Basic Qualification: Foreign language speaking.

SUNGIL PHILIPPINES CORPORATION Unit 1402 Centerpoint Cond., Doña Julia Vargas Ave. Cor. Garnet Rd. Ortigas Center, San Antonio, City Of Pasig

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

VONG KIM ANH Vietnamese Customer Service Representative

KASAKOSHI, KAZUKI Senior Consultant - Finance Department

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

QUALIFICATION AND SALARY RANGE

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

PHOENIXFIELD, INC. 7/f Iacademy Plaza, 324 Sen. Gil Puyat Ave, Bel-air, City Of Makati DOAN THANH MAI Vietnamese Language - Marketing Officer

NAME OF FOREIGN NATIONAL , POSITION AND BRIEF DESCRIPTION

285.

OCEANIC SYMPHONY SERVICES INC. 17/f Alphaland Corporate Tower, 7232 Ayala Ave. Extn., Cor Malugay St., Bel-air, City Of Makati HEE FOONG MAN Mandarin Operations Specialist

ESTABLISHMENT / ADDRESS

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

www.businessmirror.com.ph

Brief Job Description: Responsible for supporting office staff and performing administrative tasks.

SONG, CHUWEI Support Assistant 311.

Brief Job Description: Responsible for supporting office staff and performing administrative tasks.

WANG, WEI Support Assistant 312.

Brief Job Description: Responsible for supporting office staff and performing administrative tasks.

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

*Date Generated: Nov 14, 2023 In the ad material of Notice of Filing of Application for Alien Employment Permits published on November 7, 2023, the name NG KIAP GIAP under the company IDEAL FOCUS SERVICES INC., should have been read as NG KIAN GIAP and not as published. In the ad material of Notice of Filing of Application for Alien Employment Permits published on November 14, 2023, the position of LONG, ERIKA PEARL under the company PROCTER & GAMBLE PHILIPPINES BUSINESS SERVICES, INC., should have been read as SENIOR DIRECTOR HUMAN RESOURCES, MANILA SERVICE CENTER, AMA GBS AND GLOBAL EXTERNAL REPORTING, GLOBAL BUSINESS SERVICES 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.

www.businessmirror.com.ph • Editor: Angel R. Calso

The World BusinessMirror

Wednesday, November 15, 2023 A13

Medics, patients and babies stranded as battles rage around Gaza hospitals By Najib Jobain & Jack Jeffery

The Associated Press

HAN YOUNIS, Gaza Strip— Battles between Israel and Hamas around hospitals forced thousands of Palestinians to flee from some of the last perceived safe places in northern Gaza, stranding critically wounded patients, newborns and their caregivers with dwindling supplies and no electricity, health officials said Monday.

PALESTINIANS mourn over the body of their father, Mohsem al Hegi, who was killed in the Israeli bombardment of the Gaza Strip, in front of the morgue of al Aqsa Hospital in Deir al Balah, Gaza Strip on Monday, November 13, 2023. AP/ADEL HANA

With Israeli forces fighting in the center of Gaza City, the territory’s main city, both sides have seized on the plight of hospitals as a symbol of the larger war, now in its sixth week. The fighting was triggered by Hamas’ October 7 surprise attack into Israel, whose response has led to thousands of deaths—and much destruction— across Gaza. Israel accuses Hamas of using hospitals as cover for its fighters, alleging that Hamas has set up its main command center in and beneath Gaza’s largest hospital, Shifa, without providing visual evidence. Both Hamas and Shifa Hospital staff deny the Israeli allegations. On Monday, the military released footage of a children’s hospital that its forces moved into over the weekend, showing weapons it said it found inside, as well as rooms in the basement where it believes the militants were holding some of the around 240 hostages they abducted during the initial attack. “Hamas uses hospitals as an

patients, including children, without anesthesia. After the weekend ’s mass exodus, about 650 patients and 500 staff remain in the hospital, which can no longer function, along with around 2,500 displaced Palestinians sheltering inside with little food or water. After power for Shifa’s incubators went out days ago, the Health Ministry in Hamas-ruled Gaza on Monday released a photo it says shows about a dozen premature babies wrapped in blankets together on a bed to keep them at a proper temperature. Otherwise, “they immediately die,” said the Health Ministry’s director general, Medhat Abbas, who added that four of the babies had been delivered by cesarean section after their mothers died. US President Joe Biden said Monday that Shifa “must be protected.” “It is my hope and expectation that there will be less intrusive action,” Biden said in the Oval Office. Early Tuesday, the Israeli military said in a statement that it

instrument of war,” said Rear Adm. Daniel Hagari, the army’s chief spokesperson, standing in a room of the Rantisi Children’s Hospital decorated with a colorful children’s drawing of a tree. Explosive vests, grenades and RPGs were displayed on the floor. Meanwhile, gunfire and explosions raged Monday around Shifa, which has been encircled by Israeli troops for days. Tens of thousands of people have fled the hospital in the past few days and headed to the southern Gaza Strip, including large numbers of displaced people who had taken shelter there, as well as patients who could move. For Palestinians, Shifa and the other hospitals in the combat zone evoke the suffering of civilians. UN monitors said Tuesday that only one hospital in northern Gaza is still operating, with the others forced to shut down because of nearby fighting and the lack of fuel, power, water and medicine. For weeks, Shifa staff members running low on supplies have performed surgery on war-wounded

had started an effort to transfer incubators from Israel to Shifa. It wasn’t clear if the incubators had been delivered or how they will be powered. International law gives hospitals special protections during war. But hospitals can lose those protections if combatants use them to hide fighters or store weapons, according to the International Committee of the Red Cross. Still, there must be plenty of warning to allow evacuation of staff and patients, and if harm to civilians from an attack is disproportionate to the military objective, it is illegal under international law. In an editorial published Friday in Britain’s The Guardian newspaper, International Criminal Court prosecutor Karim Khan said the attacker must meet a high burden of proof to show that a hospital has lost its protections. The Red Cross was attempting Monday to evacuate some 6,000 patients, staff and displaced people from another hospital, AlQuds, after it shut down for lack

At APEC, Biden aims to show he can focus on Pacific amid crises in Ukraine, Mideast By Aamer Madhani & Colleen Long The Associated Press

AN FRANCISCO—President Joe Biden is looking to use this week’s summit of Asia-Pacific leaders to show world leaders the United States has the gumption, attention span and money to focus on the region even as it grapples with a multitude of foreign and domestic policy crises. Biden’s highly anticipated meeting with Chinese President Xi Jinping on Wednesday is the main event of his four-day visit to San Francisco, where leaders from the 21 economies that make up the Asia-Pacific Economic Cooperation forum are gathering for their annual summit. The talks with Xi are of enormous importance as the leaders of the world’s two biggest economies try to find a measure of stability after what’s been a difficult year for US-China relations. But the White House also wants to demonstrate to APEC’s leaders that Biden can remain focused on the Pacific while also trying to keep the Israel-Hamas war from exploding into a broader regional conflict and to persuade Republican lawmakers to continue to spend billions more on the costly Ukrainian effort to repel Russia’s nearly 21-month old invasion. “President Biden this coming week will be doing a lot more than just meeting with President Xi,” White House national security adviser Jake Sullivan told reporters in Washington on Monday. He added that Biden would put forward his economic vision for the region, make the case that the US is “the very eminent driver” for sustainable economic growth in the Asia-Pacific, and hold the region out as critical to US economic growth. White House officials say they are cognizant that fellow APEC nations want

to see better dialogue between the US and China because it reduces the risk of regional conflict. At the same time, they also know that others in the region are concerned that the Pacific is too often seen through a prism in which the dominant power centers in Washington and Beijing make decisions for the region without engagement from less powerful nations. To that end, the White House is expected to unveil new initiatives to advance clean economy investments and develop anticorruption and taxation policies through its Indo-Pacific Economic Forum, an economic strategy announced last year aimed at countering Beijing’s commercial strength in the region. The strategy, known by the acronym IPEF, was designed to foster trade and demonstrate American commitment to the region, after then-President Donald Trump announced in 2017 that the US was withdrawing from the Trans-Pacific Partnership, or TPP, an Obama-era trade deal with 12 countries. “The US is really aiming to use APEC as a way to demonstrate its lasting economic commitment to the region overall,” said Neils Graham, associate director for the Atlantic Council GeoEconomics Center. Much of the APEC’s membership is “tepid, at best” on IPEF, said Joshua Kurlantzick, a senior fellow for Southeast Asia at the Council on Foreign Relations. While TPP fell apart under Trump, the region has seen major trade deals sealed in recent years involving China, Japan, South Korea and other major regional economies. APEC members have some interest in aspects of IPEF, such as efforts aimed at bolstering supply chain resilience and the clean energy economy, but want to see Biden create further access to US markets. Biden during his presidency has declined to pursue new comprehensive free-trade

agreements with other countries. Administration officials quietly argue that while such pacts promote global commerce, they are viewed suspiciously by Americans and some in Congress as a vehicle for sending factory jobs overseas. Biden on Monday welcomed Indonesian President Joko Widodo, a fellow APEC leader, to the White House for talks before both travel to San Francisco. The Oval Office visit came at a somewhat awkward moment as Widodo, the leader of the world’s most populous Muslim country, has been fiercely critical of Israel’s operations in the Gaza Strip. Biden, meanwhile, has been unapologetic in standing staunchly by Israel and backing its right to defend itself following the October 7 attacks by Hamas militants that left 1,200 dead. Israel’s retaliatory operations in Gaza have killed more than 11,000, sparking outrage from a slew of world leaders. The Indonesian president, in a speech at Georgetown University on Monday, lamented that “human life seems meaningless” as Israel prosecutes its operations. Their differences on the Israel-Hamas war notwithstanding, Biden made clear during his sit-down with Widodo that he’s looking to improve ties with the Southeast Asian power on combating the climate crisis and other issues. The White House effort to herd APEC members to sign on to a summit-concluding joint declaration, a fixture at most international summits, could be complicated by diverging views among members on the Israel-Hamas and Ukraine wars. “We’re certainly working for having a strong consensus statement in APEC, for the leaders to be able to release at the end of the week,” said Ambassador Matt Murray, the senior US official for APEC. Among close allies expected to be in San Francisco are Japanese Prime Minister

Fumio Kishida, South Korean President Yoon Suk Yeol and Philippine President Ferdinand Marcos, Jr. Historically frosty relations between South Korea and Japan have rapidly thawed over the last year as they share concerns about China’s assertiveness in the Pacific and North Korea’s persistent nuclear threats. Biden is expected to remind Xi about the US commitment to the Philippines, following a recent episode in which Chinese ships blocked and collided with two Philippine vessels off a contested shoal in the South China Sea, according to a senior administration who spoke on the condition of anonymity to preview some of Biden’s agenda. The Philippines and other neighbors of China are resisting Beijing’s sweeping territorial claims over virtually the entire sea. The potential for a government shutdown is also looming over the summit, with the current stopgap spending measure set to expire Friday. House Speaker Mike Johnson unveiled a proposal Saturday that would extend funding for some agencies and programs until Jan. 19. The stopgap measure excludes the roughly $106 billion funding requested by Biden for Israel, Ukraine and the US border with Mexico. Sullivan warned that a government shutdown would be a “devastating blow” to US standing around the globe. “It would send a signal to the world that the United States cannot pull together on a bipartisan basis to sustain government funding, and to show a united face to the world at a moment when you see this turbulence around the world,” Sullivan said. Long reported from Washington. Associated Press writers Josh Boak, Chris Megerian, Darlene Superville and Zeke Miller in Washington contributed to this report.

of fuel, but the Red Cross said its convoy had to turn back because of shelling and fighting. On Monday, Israel released a video showing what it said was a militant with a rocket-propelled grenade launcher entering Al-Quds Hospital. An Israeli tank was stationed nearby. At Shifa Hospital, the Health Ministry said 32 patients, including three babies, have died since its emergency generator ran out of fuel Saturday. It said 36 babies, as well as other patients, are at risk of dying because life-saving equipment cannot function. Goudat Samy al-Madhoun, a health care worker, said he was among around 50 patients, staff and displaced people who made it out of Shifa and to the south Monday, including a woman who had been receiving kidney dialysis. He said those remaining in the hospital were mainly eating dates. Al-Madhoun said Israeli forces fired on the group several times, wounding one man who had to be left behind. The dialysis patient’s son was detained at an Israeli checkpoint on the road south, he said. The military said it placed 300 liters (79 gallons) of fuel several blocks from Shifa, but Hamas militants prevented staff from reaching it. The Health Ministry disputed that, saying Israel refused its request that the Red Crescent bring them the fuel rather than staff venturing out for it. The fuel would have provided less than an hour of electricity, it said. The US has pushed for temporary pauses to allow wider distribution of badly needed aid. Israel has agreed only to daily windows during which civilians can flee northern Gaza on foot along two main roads. UN monitors said that about 200,000 people moved south along the two routes since November 5. Israel has described

the corridors to the south as safe, but at the same time continues to strike what it says are militant targets across the territory, often killing women and children. Israel’s stated goal of separating civilians from Hamas militants has come at a heavy cost: More than two-thirds of Gaza’s 2.3 million people have fled their homes. Those who make it south face a host of other difficulties. UN-run shelters are overflowing, and the lack of fuel has paralyzed water treatment systems, leaving taps dry and sending sewage into the streets. Israel has barred the import of fuel for generators. As of last Friday, more than 11,000 Palestinians, two-thirds of them women and minors, have been killed since the war began, according to the Health Ministry in Gaza, which does not differentiate between civilian and militant deaths. About 2,700 people have been reported missing. Health officials have not updated the toll, citing the difficulty of collecting information. At least 1,200 people have died on the Israeli side, mostly civilians killed in the initial Hamas attack. Palestinian militants are holding nearly 240 hostages seized in the raid, including children, women, men and older adults. The military says 44 soldiers have been killed in ground operations in Gaza. About 250,000 Israelis have evacuated from communities near Gaza, where Palestinian militants still fire barrages of rockets, and along the northern border, where Israel and Lebanon’s Hezbollah militant group repeatedly trade fire, including on Monday.

Jeffery reported from Cairo. Associated Press writers Amy Teibel in Jerusalem, Samy Magdy in Cairo and Bassem Mroue in Beirut contributed to this report.

China, Iran, Arab nations condemn Israeli minister’s statement about dropping a nuclear bomb on Gaza By Edith M. Lederer The Associated Press

NITED NATIONS—China, Iran and a multitude of Arab nations condemned an Israeli minister’s statement that a nuclear bomb on the Gaza Strip was an option in the Israel-Hamas war, calling it a threat to the world. At Monday’s long-planned opening of a United Nations conference whose goal is to establish a nuclear-free zone in the Middle East, many ambassadors expressed condemnations and criticisms of comments by Israel’s Heritage Minister Amihai Eliyahu, who later called his remarks in a radio interview Sunday“metaphorical.”Israeli Prime Minister Benjamin Netanyahu quickly disavowed the comments and suspended him from cabinet meetings. Israel has neither confirmed nor denied its nuclear capability. It is widely believed to possess nuclear weapons, and a former employee at its nuclear reactor served 18 years in Israeli prison for leaking details and pictures of Israel’s alleged nuclear arsenal program to a British newspaper in 1986. China’s deputy UN ambassador Geng Shuang said Beijing was “shocked,” calling the statements “extremely irresponsible and disturbing” and should be universally condemned. He urged Israeli officials to retract the statement and become a party to the Nuclear Nonproliferation Treaty, considered the cornerstone of nuclear disarmament, as a nonnuclear weapon state “as soon as possible.” Geng said China is ready to join other countries “to inject new impetus” to establishing a nuclear weapons-free zone in the Mideast, saying there is greater urgency because of the situation in the current region.

UN disarmament chief Izumi Nakamitsu, who opened Monday’s fourth conference, didn’t mention Israel. But she said: “Any threat to use nuclear weapons is inadmissible.” Nakamitsu reiterated the “urgency...of a Middle East zone free of nuclear weapons and other weapons of mass destruction,” stressing that “cool heads and diplomatic efforts” must prevail to achieve peace between Israel and the Palestinians, based on a two-state solution. Oman’s UN Ambassador Mohamed AlHassan, speaking on behalf of the six-nation Gulf Cooperation Council which includes Saudi Arabia, said the threat to use nuclear weapons in Gaza “reaffirms the extremes and brutality of the Israeli occupation against the Palestinian people” and their “disregard for innocent life.” He called on the UN Security Council and the IAEA to take decisive action on the matter. Lebanon’s Charge d’Affaires Hadi Hachem also condemned the Israeli heritage minister’s comments, stressing that “this selfacknowledgment of having nuclear weapons and the threat of using them by its officials, poses a serious threat to both regional and international peace and security.” He urged Israel to stop “such rhetoric or posturing” and join the Nuclear Nonproliferation Treaty as a non-nuclear weapon state. Iran’s UN Ambassador Amir Iravani told the conference the nuclear threats directed toward Palestinians by high-ranking Israeli officials highlight Israel’s “pride” in having these weapons in its hands. “The secrecy surrounding Israel’s nuclear capabilities poses a significant threat to regional stability,” he said. “In these critical times, the imperative to establish such a zone in the Middle East has never been more urgent.”

A14 Wednesday, November 15, 2023 • Editor: Angel R. Calso

Opinion BusinessMirror

www.businessmirror.com.ph

editorial

How govt can protect farmers and consumers

uch has already been written about the ills plaguing the agrifood sector, based on past studies and papers. Literature on the sector is replete with analyses about the possible root causes of the problems that bedevil farmers and possible ways forward to hurdle the obstacles that prevent the agrifood sector from meeting domestic demand. The government itself had even prepared roadmaps, which reviewed the production of crops and the industry that rely on them to determine the factors that limit their productivity.

Despite the existence of literature produced by the best minds in the country, the productivity of the Philippine agriculture sector continued to lag. In fact, latest data from the Philippine Statistics Authority (PSA) indicated that the share of the farm sector to GDP shrank in recent years. Agriculture now accounts for less than 10 percent of GDP, a far cry from the 20 percent a decade ago. That is why the pronouncement of lawmakers that they intend to intensify the scrutiny of the country’s food trade is a welcome development. (See, “House to intensify scrutiny of PHL food trade,” in the BusinessMirror, November 6, 2023). Apart from governors and mayors, congressmen are also in a good position to assess the farm sectors in their locales and identify the problems that need immediate attention. A thorough review of the state of the farm sector in their respective areas will allow them to craft policies that would improve food security not only in their district, but also in the entire country. An “intense scrutiny” of the country’s food trade would also give lawmakers other ideas for deterring hoarders and profiteers. They can work with their constituents to find solutions that will stop price manipulators from taking advantage of the weaknesses in the system. They can even take the first step in establishing databases and other mechanisms that would shield their farmers from predatory practices that keep them in a perpetual cycle of poverty. While the onion crisis may now be behind us, there is no guarantee that it will not be repeated and it is possible that profiteers will try to earn from other commodities. (See, “The latest price spike is seen in potatoes–DA,” in the BusinessMirror, October 31, 2023). Several traders have made a killing from pricing farmers’ produce at very low prices and hoarding commodities so they can triple or even quadruple their profits. These traders will not stop just because government officials and lawmakers threatened to jail profiteers, many of whom they have yet to unmask. We hope that the lawmakers will fulfill their promise of conducting a thorough review of the country’s food trade to help the national government agencies identify profiteers and break cartels. The national government, for its part, must see to it that those found guilty of profiteering and hoarding are punished. They must be locked up, possibly for a long period of time, to prevent them from further harming food producers and consumers. That’s also one good way to protect the country’s food security. Since 2005

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Harnessing the power of millets in the global fight against diabetes By Dr. Jacqueline Hughes

very year, World Diabetes Day provides an opportunity to pause and truly take stock of a reality that affects over 400 million people globally. Diabetes-related deaths have risen by 70 percent since 2000, and the surge in global diabetics is projected to reach a staggering 700 million people by 2045. These statistics are alarming and prompt a call for urgent preventative measures. Research underscores the pivotal role of diet in managing and preventing diabetes, urging us to explore wholesome, nutrient-dense options to combat this global health crisis. Millets, a group of diverse grains, are a healthy food option that can aid in managing lifestyle diseases, particularly diabetes. The key lies in millets’ low glycemic index (GI), which is a crucial factor in stabilizing blood sugar levels. Millets, on average, have a GI of 52.7, which is less than white rice (66), corn flour (70) and refined wheat flour (85). Even after common cooking methods like boiling, baking, and steaming, studies reveal that millets maintain a lower GI than rice, wheat, and maize. Beyond their low GI, millets are also rich in dietary fiber. Studies show that high-fiber diets are associated with improved insulin sensitivity and better blood sugar control.

Millets are also known for their exemplary nutritional benefits. These grains are a powerhouse of essential nutrients such as protein, vitamins, and minerals. They are particularly rich in calcium, iron, magnesium, and zinc. Zinc and magnesium may both have a role in regulating blood sugar levels. A review of 32 controlled studies conducted in 2019 underscores the importance of zinc in reducing several glycemic indicators in people living with diabetes. Traditional diets rich in millets, such as those in India and several African nations, have long been associated with reduced incidences of diabetes. Just one cup of cooked millet, which include sorghum, finger millet, pearl millet, foxtail millet and other small millets, provides an impressive dose of fiber, making it a delicious and effective addition to a diabetes-friendly diet. The United Nations declared 2023 as the International Year of Millets, sparking much-needed global

The United Nations declared 2023 as the International Year of Millets, sparking much-needed global conversations about these humble grains. As more individuals share their success stories and health professionals champion the benefits of millets, there is a growing momentum towards making these grains a dietary mainstay. To be sustainable, however, the shift towards embracing millets must move beyond a health trend to a community-led movement. conversations about these humble grains. As more individuals share their success stories and health professionals champion the benefits of millets, there is a growing momentum towards making these grains a dietary mainstay. To be sustainable, however, the shift towards embracing millets must move beyond a health trend to a community-led movement.

Empowering communities

AT the International Crops Research Institute for the Semi-Arid Tropics (ICRISAT), we understand the need to make millets easily accessible and

convenient for consumers. With our partners, we are leading efforts to help rural producers benefit from growing millet demand, especially from global urban consumers. The journey of millets, from farm to plate, takes various routes to reach both rural and urban consumers. In rural areas, policies and subsidies help integrate millets into school meals and public distribution systems. In urban settings, millet adoption hinges on promoting health benefits, culinary versatility, and tasty, convenient options. ICRISAT’s Inclusive Market-Oriented Development (IMOD) strategy bridges the gap between rural and urban households, supporting smallholder millet farmers and aiding rural businesses in establishing brands. Through initiatives like the Smart Food program, ICRISAT raises awareness on the benefits of millet consumption across Asia and Africa. Our commitment to popularizing millets is evident in the introduction of more than 40 products, ranging from preservative-free microwaveable millet rice to low-fat millet snacks, convenient ready-to-cook millet meals and millet milk. These products are expanding into markets across countries such as India, Bangladesh, South Africa, and Uganda. See “Harnessing,” A15

Nations gather in Nairobi to hammer out treaty on plastic pollution By Jennifer Mcdermott & Carlos Mureithi | The Associated Press

AIROBI, Kenya—Efforts to create a landmark treaty to end global plastic pollution advance Monday in Nairobi as most of the world’s nations, plus petrochemical companies, environmentalists and others affected by the pollution gather to discuss draft language for the first time. It’s the third gathering in a compressed five-meeting schedule intended to complete negotiations by the end of next year. Power dynamics and positions became clear in the first two rounds of talks in Paris and Punta del Este, Uruguay and echo some of the same positions as in international climate talks, and with good reason—many of the players are the same. Plastic is largely made from crude oil and natural gas, giving oil-producing countries and companies a large stake in any treaty. Global negotiators last met in Paris in June and agreed to produce initial treaty text before reconvening in Nairobi. The draft was published in early September. The UN Intergovernmental Negotiating Committee on Plastic Pollution is charged with developing the first international, legally binding treaty on plastic pollution on land and at sea.

Nairobi is a significant location to host this third session, as the East African country is a global leader in fighting plastic pollution. In a groundbreaking move in 2017, Kenya banned the manufacture, sale and use of single-use plastic bags, which were hugely popular for carrying things but were also strewn across the landscape. In what is one of the strictest bans on the products, lawbreakers face fines and up to four years in jail. Two years later, Kenya banned single-use plastic like cutlery, straws and PET bottles from parks, forests, beaches and other protected areas. Kenya is also an important player in environmental matters as home to United National Environment Program headquarters. Kenya generates more than 70 percent of its electricity from renewable sources. Church leaders throughout Africa issued an open letter this month

through the charity Tearfund saying that Africa faces “mountains of plastic pollution, dumped or burnt,” and called on their delegates to continue to speak out boldly “for a treaty which delivers change for our most vulnerable brothers and sisters.”

The players

IN Nairobi, Norway and Rwanda are leading a “high ambition coalition” of governments that want to end plastic pollution by 2040 by cutting production and limiting some chemicals used in making plastics. They issued a ministerial joint statement this month calling for an ambitious and effective treaty to protect human health and the environment from plastic pollution by addressing the full life cycle of plastics. They expressed “deep concern” about significant increases in plastic production, plastic litter and greenhouse gas emissions. Plastic production is forecast to triple by 2060, according to UNEP. Saudi Arabia, on the other hand, is leading a group of countries that have large petroleum industries and prefer to focus on recycling and waste management. This coalition wants nations to set their own action plans instead of across-the-board limits.

The United States’ delegation is in-between, suggesting the treaty include some meaningful universal obligations as the high ambition coalition wants, while also recognizing some national discretion, both because of the differences between countries and because some won’t agree to it otherwise. The draft represents the range of viewpoints shared at the first two meetings. Björn Beeler, international coordinator for the International Pollutants Elimination Network, compared it to a large menu people haven’t ordered from yet. Nonetheless, he said, it is evident that negotiations have moved beyond plastic waste and into addressing plastic production and toxic chemicals used to make plastic. Beeler, who is attending the negotiations, expects the draft to grow more before it shrinks and becomes final, as delegates add in ideas in Nairobi and countries develop their positions. IPEN wants a treaty that addresses the environmental and health issues posed by chemicals in plastics as the products are used, recycled, discarded or burned as waste. Leaders of the global plastics industry are advocating for a process See “Nations,” A15

www.news.businessmirror@gmail.com

Opinion BusinessMirror

Trump’s plans if he returns When will they ever learn? to the White House include deportation raids, Dr. Jesus Lim Arranza tariffs and mass firings MAKE SENSE

By Jill Colvin | The Associated Press

EW YORK—A mass deportation operation. A new Muslim ban. Tariffs on all imported goods and “freedom cities” built on federal land.

Much of the 2024 presidential campaign has been dominated by the myriad investigations into former President Donald Trump and the subsequent charges against him. But with less than a year until Election Day, Trump is dominating the race for the Republican nomination and has already laid out a sweeping set of policy goals should he win a second term. His ideas, and even the issues he focuses on most, are wildly different from President Joe Biden’s proposals. If implemented, Trump’s plans would represent a dramatic government overhaul arguably more consequential than that of his first term. His presidency, especially the early days, was marked by chaos, infighting and a wave of hastily written executive orders that were quickly overturned by the courts. Some of his current ideas would probably end up in court or impeded by Congress. But Trump’s campaign and allied groups are assembling policy books with detailed plans. A look at his agenda:

Dismantling the ‘deep state’

Trump would try to strip tens of thousands of career employees of their civil service protections. That way, they could be fired as he seeks to “totally obliterate the deep state.” He would try to accomplish that by reissuing a 2020 executive order known as “Schedule F.” That would allow him to reclassify masses of employees, with a particular focus, he has said, on “corrupt bureaucrats who have weaponized our justice system” and “corrupt actors in our national security and intelligence apparatus.” Given his anger at the FBI and federal prosecutors pursuing criminal cases against him, Trump probably would target people linked to those prosecutions for retribution. Beyond the firings, he wants to crack down on government officials who leak to reporters. He also wants to require that federal employees pass a new civil service test.

The US-Mexico border

Trump has pledged to “immediately stop the invasion of our southern border” and end illegal immigration. As part of that plan, he says he would immediately direct US Immigration and Customs Enforcement to undertake the largest domestic deportation operation in American history. He would target people who are legally living in the United States but harbor “jihadist sympathies” and revoke the student visas of those who espouse anti-American and antisemitic views. In a bid to secure the US-Mexico border, Trump says he will move thousands of troops currently stationed overseas and shift federal agents, including those at the Drug Enforcement Administration and FBI, to immigration enforcement. He also wants to build more of the border wall. Trump wants to reimpose his travel ban that originally targeted seven Muslim-majority countries and expand it to “keep radical Islamic terrorists out of the country.” In the wake of the Hamas attack on Israel, he has pledged to put in place “ideological screening” for immigrants. His aim: bar “dangerous lunatics, haters, bigots, and maniacs,” as well as those who “empathize with radical Islamic terrorists and extremists.” To deter migrants, he has said he would end birthright citizenship, using an executive order that would introduce a legally untested interpretation of the 14th Amendment. The order would prevent federal agencies

from granting automatic citizenship to the children of people who are in the US illegally. It would require that at least one parent be a US citizen or lawful permanent resident for their children to be eligible for passports, Social Security numbers and other benefits.

Trade

Trump says he will institute a system of tariffs of perhaps 10 percent on most foreign goods. Penalties would increase if trade partners manipulate their currencies or engage in other unfair trading practices. He will urge that Congress pass a “Trump Reciprocal Trade Act,” giving the president authority to impose a reciprocal tariff on any country that imposes one on the US. Much of the agenda focuses on China. Trump has proposed a fouryear plan to phase out Chinese imports of essential goods, including electronics, steel and pharmaceuticals. He wants to ban Chinese companies from owning vital US infrastructure in sectors such as energy, technology and agriculture, and says he will force Chinese owners to sell any holdings “that jeopardize America’s national security.”

Foreign policy

Trump claims that even before he is inaugurated, he will have settled the war between Russia and Ukraine. That includes, he says, ending the “endless flow of American treasure to Ukraine” and asking European allies to reimburse the US for the cost of rebuilding stockpiles. It is unclear whether he would insist that Russia withdraw from territory in Ukraine it seized in the war that it launched in February 2022. Trump has said he will stand with Israel in its war with Hamas and support Israel’s efforts to “destroy” the militant group. He says he will continue to “fundamentally reevaluate” NATO’s purpose and mission.

Transgender rights

Trump says he will ask Congress to pass a bill establishing that “only two genders,” as determined at birth, are recognized by the United States. As part of his crackdown on gender-affirming care, he will declare that hospitals and health care providers that offer transitional hormones or surgery no longer meet federal health and safety standards and will be blocked from receiving federal funds, including Medicaid and Medicare dollars. He would push Congress to prohibit hormonal or surgical intervention for transgender minors in all 50 states. Doctors typically guide kids toward therapy before medical intervention. At that point, hormone treatments such as puberty blockers are far more common than surgery. They have been available in the US for more than a decade and are standard treatments backed by major doctors’ organizations, including the American Medical Association.

Energy

Trump’s goal, he says, is for the US to have the lowest-cost energy and electricity of any nation in the world, including China. Under the mantra “DRILL, BABY, DRILL,” he says he would ramp up oil drilling on public lands and offer tax breaks to oil, gas, and coal producers. He would roll back Biden administration efforts to encourage the adoption of electric cars and reverse proposed new pollution limits that would require at least 54 percent of new vehicles sold in the US to be electric by 2030.

can’t help but feel dismayed by the response of some concerned government officials to President Ferdinand R. Marcos Jr.’s order for them to work on measures to stop smuggling and to improve the lives of Filipinos. But I am not losing hope that with the President’s persistence for good governance, hopefully these officials will take a cue from the President’s commitment for change, work on measures to stop smuggling, learn the lessons of the past and work on a plan to mitigate the impact of calamities.

Indeed, in my over four decades of industry and consumer advocacy, I still can’t understand why some people, especially the officials of some regulatory government agencies, have not learned the hard lessons of the past. Unless these officials deliberately don’t want to learn about the country’s tragic past, as these reports are available for research in past newspaper issues. And that is why, with a little tweak

on the lyrics of the song “Where have all the flowers gone,” which will be the theme song of Fight Illicit Trade (Fight IT) that I chair, the question of when will they ever learn still hounds me. I changed some parts of the lyrics to these: n Where have some industries gone, long time passing. n Where have some industries gone, long time ago. n Where have some industries

Wednesday, November 15, 2023 A15

gone, beaten by smugglers one by one. n When will they ever learn, when will they ever learn. n Where have most of workers gone, long time passing. n Where have most of workers gone, long time ago. n Where have most of workers gone, driven by smugglers one by one. n When will they ever learn, when will they ever learn. Whenever the National Capital Region (NCR), for instance, experience heavy rains, many major roads are flooded. But because of some government agencies’ failure to fully implement the government’s solid waste management disposal program, informal settler communities continue to flourish along riverbanks, even if these locations are supposed to be high-risk NoBuild Zones. Have they not learned a lesson from the Typhoon Ondoy flooding that wasted so many lives? We have been regularly doing the “duck, cover and hold” exercise in preparation for, God forbid, “the big one.” But my question is, will the

building hold? And yet, even if the government, through the Department of Trade and Industry, has laid out a good program that will ensure the compliance of goods to product standards like construction supplies, its implementation has been stopped because two lower courts issued an injunction order to that regard. Have they not learned a lesson from the Turkey earthquake in February this year that killed over 45,000 people? Have they not also learned a lesson from the Ruby Tower collapse in Manila that killed over 200 people? And with the building’s collapse being blamed on the use of substandard steel bars, when will they ever learn that stalling the product standards order of DTI will expose consumers to higher risks? The big one, God forbid, is a disaster waiting to happen. So, isn’t it the time for them to learn from the hard lessons of the past? Dr. Jesus Lim Arranza is the chairman of the Federation of Philippine Industries and Fight Illicit Trade; a broad-based, multisectoral movement intended to protect consumers, safeguard government revenues and shield legitimate industries from the ill effects of smuggling.

For news organizations, the flood of Gaza war video is proving both illuminating and troubling By David Bauder | AP Media Writer

EW YOR K— A camera livestreaming the skyline of Gaza City captures streaks of light. Dash-cam video from a car in Israel spots a killer coming into view. A satellite identifies tank tracks in the dirt, and a mall security camera catches the moment a bomb in Gaza detonates. While journalists’ access to the war in Gaza is limited, a flood of video from all sorts of sources documents what is—and isn’t—going on. At news organizations, sifting through material found online to determine what is real, and to unearth the sometimes unexpected clues that can be used to tie stories together, are increasingly important—and often emotionally overwhelming—jobs. “It has become a key part of doing journalism in the modern age,” said Katie Polglase, a London-based investigative producer for CNN. CBS News last week announced the launch of “CBS News Confirmed,” the formation of a team to use data and technology to study online evidence. Earlier this year, the similar “BBC Verify” unit was formed to bring more open source reporting methods to the worldwide news outlet. The buildup of this capability was seen most prominently when The New York Times, Washington

Harnessing . . . continued from A14

Towards a sustainable future Millets hold the potential to mitigate challenges associated with malnutrition, human health, natural resource degradation, and climate change. Promoting cultivation and consumption of millets aligns with a range of UN Sustainable Development Goals and offer opportunities to develop a wide range of products with a lower carbon footprint, mak-

Nations . . .

continued from A14

called chemical or advanced recycling and said they were very disappointed the draft doesn’t have a strong focus on that. They view this as essential to solving the plastic waste crisis. Environmental groups call it a marketing tactic to distract from real solutions like producing and using less plastic. Beyond Plastics and IPEN issued a report in October that says the process threatens the environment, the climate, human health and environmental justice.

Post, Wall Street Journal, CNN and The Associated Press did in-depth analyses of video evidence—including those streaks in the sky—to try and determine the disputed cause of a deadly Oct. 17 explosion at Gaza’s al-Ahli Arab Hospital. There was no unanimity—and some caution about drawing conclusions absent an ability to examine evidence on the ground.

IN an earlier era, viewers generally saw the aftermath of a news event unless television cameras happened to be on the scene. Now, with millions of people carrying phones that have video cameras, the aftermath isn’t good enough. The buzzword is “now.” “The reality is that audiences expect to participate in a shared viewing experience, to learn what is going on along with anchors and reporters,” said Wendy McMahon, president of CBS News and Stations. That means combing through an endless supply of video posted on sources like X (formerly Twitter), YouTube, Instagram, Telegram and Facebook. Much is harrowing: images of mangled bodies, bloodied children carried out of rubble, people distraught at the loss of loved ones. The effect of seeing such images is known by those who must watch them frequently as “vicarious trauma.”

Combatants know well the power of such images, which explains why some Hamas members wore cameras to document their October 7 killing spree in Israel. Meanwhile, Israel compiled and has been showing grisly images of that day to journalists. “The degree to which social media has been used is very sophisticated,” said Rhona Tarrant, senior editor at the investigative site Storyful. “There’s so much information. There’s so much content.” News organizations are constantly weighing their job to convey reality against the concern that violent images are too traumatizing for consumers to see. Too much can desensitize viewers. Yet sometimes the repetition—the ongoing grind of war—is a story in itself. Through images that have appeared online in recent weeks, people “learned” about Bella Hadid, a model of Palestinian descent, denouncing Hamas’ attack in Israel; a row of supposed bodies of dead Palestinians covered in white shrouds where one mysteriously moved; and a Palestinian “actor” seriously wounded in a hospital bed one day and walking unharmed the next. None of it happened. All of the images were fake. Video of Hadid accepting an award for activism in Lyme Disease was manipulated to make it seem like different words were coming

from her mouth. The “moving body” video came from a 2013 protest rally in Egypt. The supposed “actor” was two separate people, and the image of one in a hospital bed preceded the start of the war. That’s where the sleuthing skills of journalists studying video comes into play. Much of what is online now comes from past conflicts, including in Gaza itself, being passed off as new; search engines exist to help determine the truth. Sometimes images from video games are passed off as real, but experts can usually spot them. “This war in many respects has confirmed our working assumption, that news organizations would see an influx of deep fakes and misinformation at a scale that was never seen before,” McMahon said.

ing it a triple win for farmers, industry, and consumers. It is important that we take collective action to fully harness the potential of millets to promote healthy eating options not only for diabetics but our entire population. Governments, policymakers, national and international organizations, and civil society should work together to create awareness about the advantages of millets in managing diabetes, which has reached alarming proportions due to modern lifestyles. This calls for robust policy support,

supportive research funding, and heightened awareness through campaigns, roadshows, workshops, and seminars. Millet value chains and market linkages need strengthening besides ensuring market access and fair prices through market demand to support millet farmers. A broad alliance of educational institutions, healthcare providers, the media and food industries need to be promoted to engage with the public about the benefits of millets for good nutrition and more specifically in managing

blood sugar levels. As we collectively seek a path towards better health, whether managing diabetes or seeking a proactive approach to well-being, let us consider integrating millets into our meals. On this World Diabetes Day, I urge you to recognize the power of millets and our own power to make healthier choices for ourselves, our families, and the future of our planet.

Chemical recycling typically uses heat or chemical solvents to break down plastics into liquid and gas to produce an oil-like mixture or basic chemicals. Industry leaders say that mixture can be made back into plastic pellets to make new products. Chris Jahn, a spokesperson for the International Council of Chemical Associations, said the draft was a missed opportunity to focus on circularity, rather than on caps and bans that don’t address the issue of plastic becoming litter and pollution. He said they’re working to get chemical recycling added.

“The focus is on ending plastic pollution, not plastic production,” he said. Karen McKee, president of ExxonMobil Product Solutions Company and also an ICCA leader, said they want to address the valid concern about plastic pollution, while also ensuring that society, including the developing world, benefits from plastic. Like Jahn, she said the treaty should focus on increasing circularity and redirecting plastic waste to recycling. ExxonMobil does chemical recycling at its massive complex in Baytown, Texas, and plans to add

the capability to many of its other manufacturing sites globally. Baytown includes plastic manufacturing, oil refining, and lubricant and chemical production. Negotiators spent a significant amount of time at the last meeting in Paris debating the rules that would govern the discussions and voting, raising questions about whether the timeline could be met. A US State Department official involved in the negotiations said many countries are working hard to stay on track, and the fact that negotiations on the text are now beginning is a good sign. McDer-

No longer just on the scene

How potent is AI’s power?

Although the advance of artificial intelligence is a great fear, some experts says its use so far in this war has been limited in comparison to, say, old video being passed off as new. “People believe that AI is more powerful than it is at the moment,” said James Law, editor-in-chief at Storyful. While debunking falsehoods is a big part of what journalists are doing, the use of video and other publicly available material—the definition of open-source reporting—has also come into its own in recent weeks.

Dr. Jacqueline Hughes is the Director General of ICRISAT

mott reported from Providence, Rhode Island.

A16 Wednesday, November 15, 2023

WITH P7.2-B WASTAGE, BILL MANDATES HALF-CUP RICE

ITH an estimated P7.2 billion worth of rice wastage, former health secretary and now House Deputy Majority Leader Janette Garin recently filed a bill that mandates restaurants, canteens, eateries, and food establishments to provide a halfcup rice serving option. Garin has filed House Bill 9 53 6 , m a nd at i n g re s t au rants, canteens, eateries, and food establishments to make half-cup rice serving options available. Dubbed the “Rice Waste Reduction Act of 2023,” the bill is geared towards curbing rice wastage, aligning with broader sustainability goals. Garin said her bill aims to minimize food waste, encourage balanced and sustainable eating habits, and promote healthier meal portions. “By implementing this measure, the legislation envisions a future where individuals are more conscious of their food choices, establishments prioritize responsible serving practices, and society as a whole benefits from a more sustainable and balanced approach to food consumption,”

Garin said. Establishments found in violation of the law could face penalties, starting at P10,000 for the first offense, P20,000 for the second offense, and P30,000 for subsequent offenses. The Iloilo lawmaker urged her colleagues to support the legislation and have it immediately implemented. “I hope my fellow lawmakers will back this legislation. A significant amount of rice goes to waste, which could otherwise benefit more people. It’s time to enact this and reduce rice wastage,” Garin said. Citing data from the Philippine Rice Research Institute (PhilRice), the country incurs an estimated P7.2 billion worth of rice wastage, based on 2015 calculations. Notably, 46 cities, including Quezon City, Manila, Davao, Cebu, Puerto Princesa, Baguio, and Iloilo, have already implemented the half-cup rice serving option. “It is high time to implement this measure nationwide, as it can play a pivotal role in addressing the country’s rice self-sufficiency goals,” Garin said. Jovee Marie N. Dela Cruz

SC affirms Sandigan ruling vs govt in Marcos-Tan case

By Joel R. San Juan

@jrsanjuan1573

HE Supreme Court has affirmed a Sandiganbayan ruling on June 11, 2012, dismissing the case for recovery of ill-gotten wealth filed by the Presidential Commission on Good Government (PCGG) against the estate of the late President Ferdinand E. Marcos, and several of their business associates led by tycoon Lucio Tan. The Marcos estate is being represented by former first Lady Imelda Marcos, son and now President Ferdinand “Bongbong” Marcos Jr., and daughters Imee Marcos and Irene Araneta. Aside from Tan, also named as respondents were his family members and business associates. The ill-gotten wealth case covers Tan’s companies to which Marcos and respondent Imelda allegedly granted concessions to, or have interests or beneficial ownership in. These include Shareholdings, Inc, Asia Brewery, Allied Bank,

Fortune Tobacco, Maranaw Hotels, Virginia Tobacco Redrying Plant, Northern Tobacco Redrying Plant, Foremost Farms, Sipalay Trading, Himmel Industries, Grandspan Development Corp. (Grandspan), Basic Holdings Corp, Progressive Farms, Inc., Manufacturing Services and Trade Corp., Allied Leasing & Finance Corp., Jewel Holdings, Inc., Iris Holdings and Development Corp., and Virgo Holdings and Development Corp. The PCCG claimed the sale of controlling interest of Development Bank of the Philippines (DBP) in

Century Park Sheraton Hotel (Century Park), owned by Maranaw Hotels and Resorts Corp. (Maranaw Hotels), to the Tan-controlled Sipalay Trading Corporation, has caused millons of pesos in losses to DBP considering that Sipalay was grossly undercapitalized. The properties that the Republic is seeking to recover include two aircrafts and shares of stocks from the respondent-corporations and Century Park. In denying PCGG’s appeal, the Court pointed out that the evidence presented by the agency failed to establish that the assets and properties covered by the complaint were illegally acquired. Among the pieces of evidence presented by the PCGG in support of its case were Imelda’s amended answer, Tan’s written disclosure, Marcos, Jr’s testimony and voluminous documentary evidence found by the PCGG during their investigations. “It appears, however, that none of the pieces of evidence relied upon by the Republic was successful in establishing the manner by which respondents allegedly acquired illgotten wealth. It was not shown,

through these pieces of evidence, if and how respondents took undue advantage of their office, authority, influence, connections, or relationship,” the Court en banc said in a 62-page decision penned by Associate Justice Rodil Zalameda. “Here, even if we apply the comprehensive definition of ill-gotten wealth, the pieces of evidence relied upon by the Republic failed to establish all its elements. Notably, some of these pieces of evidence are even of doubtful admissibility,” the Court said. The Court noted that in Imelda’s amended answer, she merely stated that Marcos had 60-percent beneficial ownership in Tan’s companies, which beneficial interests were held in trust by the business tycoon and his associates who were stockholders of the said companies. “There is nothing, however, in said amended answer that would even suggest that undue advantage of office, authority, influence, connections, or relationship was employed to facilitate the acquisition by Marcos of his 60-percent beneficial ownership in respondent Tan’s companies. Continued on A3

FREE WI-FI From left: Converge CEO Dennis Anthony Uy, Department of Transportation Secretary Jaime J. Bautista, Manila International Airport Authority Officer-in-Charge General Manager Bryan Co, and Civil Aviation Authority of the Philippines Assistant Director General Thomas Fortun grace the formal launch of Converge's free Wi-Fi service inside Terminals 1 and 3 of the airport, with plans to expand to other airports nationwide soon. NONIE REYES

Senators push POGO phaseout

ENATORS on Tuesday pressed the Department of Justice (DOJ) for a clear stand on their growing push to phase out Philippine Offshore Gaming Operations, which they blame for the rise in crimes associated with POGO establishments such as human trafficking and abductions. Noting that the situation involving POGOs is becoming more dire, Sen. Grace Poe asked Sen. Sonny Angara, chairperson of the Committee on Finance, what is the position of DOJ with regard to POGO operations, given recent raids on establishments that had become fronts for prostitution. Even if some of them are licensed and legal, “there are still others that are operating under very shady, at the very least, conditions,” Poe said. “I would just like to ask the position of the DOJ because you’re actually in the center of the storm, having to process their cases and then maybe deport others under immigration. What is your position on having POGOs, weighing the social impact and the so-called economic benefits?

Are you for the total banning of POGOs at this point?” Poe asked Angara, sponsor of the DOJ budget. He replied tht the DOJ just enforces whatever is the national government’s policies. During senators’ deliberations on the proposed 2024 budget of DOJ, Majority Leader Joel Villanueva reiterated his call to stop POGO operations in the country. Villanueva said that while the number of POGO in the Philippines is declining, POGO-related crimes continue to rise. He cited human trafficking incidences in the cities of Pasay and Parañaque. An interagency task force was formed by the Senate Committee on Labor in 2019 to monitor the number of foreign nationals engaged in POGO, he recalled. “We hope that this inter-agency task force is continuing to do its work and we give full support… if there is a need to increase its budget. We are hoping the DOJ and its attached agencies would continue to be active in its work in holding violators accountable,” Villanueva said.

Also at the DOJ budget deliberations, Sen. Win Gatchalian urged the Committee on Finance to increase the budget of the Inter-Agency Council Against Trafficking (IACAT) to enable them to operate aggressively against human trafficking in the country. Gatchalian cited a report by the Cybercrime Investigation Coordinating Center (CICC) that the Philippines ranks second globally in terms of online sexual abuse and exploitation of children (OSAEC). “Increase the budget of anti-trafficking in person enforcement group (referring to IACAT) from P76 million to P147 million to enable them to continue their work in rescuing human trafficking victims as well as investigating and curving online sexual abuse of our minors,” Gatchalian said in his manifestation. The senator commended the IACAT for rescuing several women who were allegedly trafficked for prostitution and held against their will inside a sex den building in Pasay City. Butch Fernandez

Companies BusinessMirror

Editor: Jennifer A. Ng

Wednesday, November 15, 2023

Ayala income rises CEB bullish on ’24 prospects 35% in Jan-Sept

By Lorenz S. Marasigan

@lorenzmarasigan

OW-COST carrier Cebu Pacific (CEB) expects “a bright trajectory” for 2024 on the back of an anticipated strong finish this year, its chief executive said on Tuesday. Cebu Pacific CEO Michael Szucs said the airline anticipates its network capacity to surpass pre-pandemic levels, reflecting a rebound in both the domestic and international travel sectors. “Going into the fourth quarter, we remain optimistic as we saw our domestic market share at 55 percent in October despite challenges on fleet availability. Aside from that, we expect that by the end of the year, our systemwide network will be at 103 percent of pre-pandemic levels; domestic will continue to exceed prepandemic levels, while international is seen to be at about 93 percent.”

By yearend, Szucs said the carrier expects to fly to “60 destinations, through over 100 routes and at least 2,700 weekly flights.” Cebu Air Inc. swung to a profit at the end of September, when it recorded a net profit of P5.03 billion, a reversal of last year’s P12.05billion loss. Revenues reached P66.90 billion, a 78.2-percent surge from P37.53 billion the year prior, as it recorded a significant increase in passenger volume due to the increased demand for travel, especially for international destinations as the group continues its

ramp-up its international network. International flights jumped by 236.2 percent compared to same period last year. Looking ahead to 2024, Szucs said Cebu Pacific expects a 5-percent to 8-percent growth in seat capacity from 2023 levels. He made this forecast despite potential challenges, including the early inspection of Pratt and Whitney engines on the A320/321 new engine option (NEO) fleet, which may ground some aircraft. The airline will commence inspections of its A320/321neos in January 2024. Szucs said this is “not a safety concern” but a preemptive measure to ensure operational continuity. Consequentially, Cebu Pacific expects to have 10 aircraft grounded in January, with the number rising through 2024 to 20. To mitigate customer impact, Cebu Pacific has adjusted its flight schedules and enhanced customer support. The airline is also contemplating a short-term wet lease agreement with Bul Air to ensure

service continuity. He noted that Cebu Pacific is set to enhance its fleet, having already received 19 new aircraft in 2023, boosting its fleet count to 76 by year-end. The fleet size is projected to increase to 92 by the end of 2024. Furthermore, Cebu Pacific has issued a Request for Proposals to Airbus and Boeing for 100 to 150 narrowbody jets, marking a historic expansion in the Philippine aviation sector. “We’ve taken all these initiatives to uphold our commitment to delivering affordable, safe, and dependable flights. While we acknowledge the challenges that we will face in 2024 and possibly even 2025, we remain very optimistic on the long-term economic prospects in the Philippines for our aviation industry, given the plans to privatize Naia, the development of the Bulacan airport, and further enhancements of regional airports to relieve congestion and increase connectivity.”

Etaily raises $17.8M to fund expansion in SE Asia

taily announced on Tuesday that it has raised $17.8 million in Series A funding from investors in the Philippines and the rest of Asia.

The round was led by SKS Capital, a Chinese and Taiwanese private equity firm, and Singapore’s Pavilion Capital. SBI ICCP, a joint venture be-

tween ICCP Venture Partners in the Philippines and Japan’s SBI Holdings (formerly SoftBank Investments) and Kaya Founders also joined, together

with the Magsaysay family, Chan family, Foxmont Capital and JGDEV, the corporate venture arm of JG Summit Holdings. Roderick L. Abad

yala Corp. on Tuesday said its attributable net income in January to September grew 35 percent to P32.31 billion from the previous year’s P23.89 billion, due to strong results from its banking, property development and energy units. The company said the figure accounts for all one-off items including a P2.2-billion gain from the sale of the MCX toll road. Revenues rose 13 percent to P245.38 billion from the previous year’s P216.2 billion. “Despite macroeconomic and geopolitical headwinds, our outlook remains intact as we look to end the year with profits exceeding pre-Covid levels. We continue to build on our solid nine-month results and rationalize our portfolio wherever it makes sense to do so,” Ayala president and CEO Cezar P. Consing said. Bank of the Philippine Island’s net earnings rose 26 percent to P38.6 billion due to sustained loan growth, margin expansion, and reduced provisions. Excluding a gain from a property sale last year, core net income increased 44 percent. Ayala Land Inc.’s net income grew 38 percent to P18.4 billion driven by sustained gains in its property development and commercial leasing businesses.

Meanwhile, ACEN Corp.’s net income jumped 59 percent to P6.6 billion as new operating capacity and the company’s sustained net seller position were further lifted by one-off gains related to the partial sale of the Salak and Darajat plant. These gains were partially offset by ACEN’s impairment provision for UPC Solar India. AC Energy and Infrastructure (ACEIC), the parent company of ACEN, grew its profit more than two times to P10.4 billion due to improved operating earnings from ACEN, pre-operating revenues from GN Power Dinginin, as well as gains related to the divestments of the Salak and Darajat plant in Indonesia and GN Power Kauswagan. Excluding one-offs, ACEIC’s core net income was up 63 percent to P7.2 billion. Globe Telecom Inc.’s net income, meanwhile, fell 27 percent to P19.4 billion, primarily because of a onetime gain on the partial sale of Globe’s data center business registered in the same period last year. Excluding the impact of non-recurring charges, foreign exchange and mark-to-market charges, Globe’s core net income was still down by 8 percent to P14.8 billion as revenue growth was outpaced by higher operation expenses, depreciation and interest expenses. VG Cabuag

Wednesday, November 15, 2023

Companies BusinessMirror

MPIC: Power, water units boost 9-mo. core income

By VG Cabuag @villygc

etro Pacific Investments Corp. (MPIC), the now delisted firm that owns several infrastructure assets in the country, said its 9-month core income rose 37 percent to P16.2 billion from P11.8 billion a year earlier. The company attributed its financial performance during the period to the improved financial and operating results from MPIC’s holdings, which delivered a 31-percent increase in contribution from operations. This was mainly driven by the strong performance of the power generation business and higher tariff for the water concession. Among MPIC’s core businesses, power had the largest share at P13.8 billion or 69 percent of net operating income while toll

roads and water contributed P4.1 billion and P3.5 billion, respectively. The company said its attributable net income increased 22 percent to P16.1 billion compared with P13.1 billion last year, which had the benefit of gains from the acquisition of Landco Pacific Corp. “Our consistently strong performance reflects significant volume increases for our core businesses on power, toll roads, and water, bolstered by favorable tar-

Shell 9-mo. profit down on lower sales By Lenie Lectura @llectura

hell Pilipinas Corp. (SPC) reported a 53.4-percent decline in earnings in the nine months ending September mainly due to lower sales during the period. In a filing, the oil firm reported to the stock exchange Tuesday that net income fell to P2.1 billion from P4.4 billion, as sales went down by 10.8 percent to P190 billion at end-September this year from P213 billion in the same period last year. This was primarily a result of lower pump prices brought on by a general decline in oil prices globally, the publicly listed oil firm said. Core income during the period fell by 13 percent to P1.6 billion from P1.8 billion “mainly due to decrease in global oil prices,” according to SPC. In a statement, SPC also said it delivered 30 new mobility sites combined with targeted mobility-related activities, driving growth across various sectors of the business. Non-fuels retail continued to deliver double-digit growth as it posted a 14-percent increase compared last year. The introduction of new Shell Café branches and the expansion

of Shell Select stores, Select Express, Deli2Gos, and Shell Helix Oil Change Centers nationwide contributed to this growth, the oil firm said. Last quarter, Mobility introduced its first Shell Cafe drive-through in the country. “We are excited about the growth of our non-fuels retail business, helping to increase foot traffic and diversify our portfolio. This growth is driven by our strong brand recognition, our convenient locations, our innovative product offerings for fuel and non-fuel retail customers, and of course, our retailers and forecourt service champions,” said company president Lorelie Quiambao-Osial. The oil firm is preparing to open an import terminal with a capacity of 60 million liters in Cebu. This terminal will cater to the mobility stations and nearby areas, enhancing the delivery capabilities of both Mobility and Commercial businesses. “We are committed to leveraging our expertise and resources to drive positive change and contribute to a more sustainable future for the Filipino people. We will continue to invest in our supply chain, innovate and expand our product offerings, and partner with stakeholders to move the Philippines forward,” Quiambao-Osial said.

iff adjustments and savings resulting from operational efficiencies. We are also realizing the fruits of strategic investments in the power generation business, and we expect this to continue to be a driver of growth in the future,” MPIC Chairman, President and CEO Manuel V. Pangilinan said. “Together with our new partners, we look forward to further investing in national development and continuing to deliver highquality essential services.” Toll revenues grew 20 percent year-on-year to P19.8 billion due to a combination of toll rate increases and traffic growth in the Philippines and Indonesia. Core net income was flat at P4.1

mutual funds

billion due to the higher concession amortization on newly opened roads and financing cost on the Jakarta-Cikampek elevated toll road acquisition. Maynilad Water Services Inc., the West zone concessionaire said its revenues grew 18 percent to P20.3 billion due to a 2-percent growth in billed volume and higher effective tariffs. Core net income was up 46 percent to P6.8 billion due to lower amortization resulting from the extension of the concession period. Capital expenditures reached P14.5 billion, up 41 percent from last year, as Maynilad continued to deliver on its obligations under the approved business plan.

November 14, 2023

NAV One Year Three Year Five Year Y-T-D per share Return* Return Stock Funds Primarily invested in Peso securities (shares) ALFM Growth Fund, Inc. -a 199.6 -0.85% -4.15% -3.14% -1.67% -4.28% ATRAM Alpha Opportunity Fund, Inc. -a 1.4 8.80% 5.70% 0.81% 1.12% 4.13% ATRAM Philippine Equity Opportunity Fund, Inc. -a 2.744 -1.75% -4.11% -5.38% -3.38% -5.87% Climbs Share Capital Equity Investment Fund Corp. -a 0.664 -0.52% -5.37% -4.45% n.a -5.05% First Metro Consumer Fund, Inc. -a 0.6104 -5.07% -5.92% -4.40% n.a -5.89% First Metro Save and Learn Equity Fund, Inc. -a 4.394 -1.58% -3.54% -1.81% -1.32% -5.50% First Metro Save and Learn Philippine Index Fund, Inc. -a 0.6544 -2.88% -5.03% n.a n.a -6.66% MBG Equity Investment Fund, Inc. -a 83.87 9.55% -2.75% -5.05% n.a 11.36% PAMI Equity Index Fund, Inc. -a 40.613 -1.79% -4.18% -2.14% n.a -5.97% Philam Strategic Growth Fund, Inc. -a 423.5 -1.20% -4.59% -2.25% -1.61% -4.70% Philequity Dividend Yield Fund, Inc. -a 1.151 0.22% 0.15% -0.36% n.a -2.05% Philequity Fund, Inc. -a 32.006 -0.05% -2.05% -1.28% 0.35% -3.87% Philequity MSCI Philippine Index Fund, Inc. -a 0.8127 -0.42% -3.68% n.a n.a -4.25% Philequity PSE Index Fund, Inc. -a 4.272 -0.71% -3.25% -1.25% 0.21% -4.98% Philippine Stock Index Fund Corp. -a 710.64 -0.86% -3.43% -1.32% 0.10% -5.11% Soldivo Strategic Growth Fund, Inc. -a 0.6398 -0.84% -3.51% -4.29% n.a -5.09% Sun Life Prosperity Philippine Equity Fund, Inc. -a 3.172 -1.74% -3.94% -3.54% -1.66% -5.96% Sun Life Prosperity Philippine Stock Index Fund, Inc. -a 0.8059 -1.21% -3.75% -1.65% n.a -5.40% United Fund, Inc. -a 2.971 -0.79% -3.08% -1.85% -0.53% -3.98% Primarily invested in Peso securities (units) COL Equity Index Unitized Mutual Fund, Inc. -a 1 -1.32% n.a n.a n.a -5.27% COL Strategic Growth Equity Unitized Mutual Fund, Inc. -a,2 0.9926 n.a n.a n.a n.a n.a Philequity Alpha One Fund, Inc. -a 0.9717 -1.47% -2.62% n.a n.a -7.14% Philippine Stock Index Fund Corp. -a 862.46 -1.03% n.a n.a n.a -5.18% Exchange Traded Fund (shares) First Metro Phil. Equity Exchange Traded Fund, Inc. -a,c 96.443 -0.28% -3.12% -1.02% n.a -4.62% Primarily invested in foreign currency securities (shares) ATRAM AsiaPlus Equity Fund, Inc. -b $0.7934 -2.55% -11.07% -2.99% -1.88% -6.88% Sun Life Prosperity World Voyager Fund, Inc. -a $1.5298 7.11% -0.77% 4.89% n.a 7.43% Balanced Funds Primarily invested in Peso securities (shares) ATRAM Dynamic Allocation Fund, Inc. -a 1.428 -2.53% -4.28% -2.05% -2.31% -3.85% ATRAM Philippine Balanced Fund, Inc. -a 2.096 5.25% -2.13% -0.18% -0.34% -0.46% First Metro Save and Learn Balanced Fund, Inc. -a 2.407 -1.10% -2.62% 0.18% -1.47% -3.91% First Metro Save and Learn F.O.C.C.U.S. Dynamic Fund, Inc. -a 0.1843 -0.70% -2.30% n.a n.a -4.75% NCM Mutual Fund of the Phils., Inc. -a 1.871 1.00% -1.42% 1.10% 0.56% -0.87% PAMI Horizon Fund, Inc. -a 3.399 1.15% -3.37% 0.38% -0.40% -1.18% Philam Fund, Inc. -a 14.884 0.10% -4.06% -0.29% -0.71% -1.69% Solidaritas Fund, Inc. -a 1.965 0.93% -1.99% 0.00% 0.51% -1.07% Sun Life of Canada Prosperity Balanced Fund, Inc. -a 3.26 0.76% -2.68% -1.35% -0.94% -2.08% Sun Life Prosperity Dynamic Fund, Inc. -a 0.8551 0.87% -0.80% -0.83% n.a -2.71% Primarily invested in Peso securities (units) Sun Life Prosperity Achiever Fund 2028, Inc. -a 0.912 3.28% -3.39% n.a n.a -0.35% Sun Life Prosperity Achiever Fund 2038, Inc. -a 0.8011 0.11% -5.17% n.a n.a -4.13% Sun Life Prosperity Achiever Fund 2048, Inc. -a 0.7814 -0.65% -5.40% n.a n.a -5.00% Primarily invested in foreign currency securities (shares) Cocolife Dollar Fund Builder, Inc. -a $0.03161 -0.06% -6.80% -1.85% -0.09% -2.44% PAMI Asia Balanced Fund, Inc. -b $0.8564 4.45% -7.91% -1.76% -1.59% 1.95% Sun Life Prosperity Dollar Advantage Fund, Inc. -a $3.966 3.72% -2.34% 2.46% 2.40% 3.12% Sun Life Prosperity Dollar Wellspring Fund, Inc. -a $0.9674 0.88% -4.88% -0.42% n.a -0.43% Bond Funds Primarily invested in Peso securities (shares) ALFM Peso Bond Fund, Inc. -a 387.9 3.28% 1.62% 2.55% 2.10% 2.62% ATRAM Corporate Bond Fund, Inc. -a 1.898 1.69% 0.04% 0.51% -0.13% 1.21% Cocolife Fixed Income Fund, Inc. -a 3.287 2.43% 0.82% 2.16% 3.69% 2.43% Ekklesia Mutual Fund, Inc. -a 2.234 4.06% -0.80% 1.03% 1.04% 2.22% First Metro Save and Learn Fixed Income Fund, Inc. -a 2.413 1.34% -0.42% 1.84% 0.99% 0.91% Philam Bond Fund, Inc. -a 4.16 0.81% -3.41% 1.61% 0.29% 0.48% Philam Managed Income Fund, Inc. -a 1.358 3.18% 1.12% 2.92% 1.65% 2.93% Philequity Peso Bond Fund, Inc. -a 3.963 3.82% 0.01% 2.71% 1.20% 2.43% Soldivo Bond Fund, Inc. -a 1.041 3.36% 0.18% 3.38% n.a 2.36% Sun Life of Canada Prosperity Bond Fund, Inc. -a 3.234 4.13% 0.59% 3.31% 1.69% 2.82% Sun Life Prosperity GS Fund, Inc. -a 1.731 3.26% -0.16% 2.58% 1.12% 2.06% Primarily invested in foreign currency securities (shares) ALFM Dollar Bond Fund, Inc. -a $490.21 2.71% 0.65% 1.89% 2.46% 2.10% ALFM Euro Bond Fund, Inc. -a Є211.58 1.65% -1.01% -0.15% 0.72% 0.91% ATRAM Total Return Dollar Bond Fund, Inc. -b $1.0092 2.28% -7.03% -2.09% -0.19% -0.02% First Metro Save and Learn Dollar Bond Fund, Inc. -a $0.0241 1.69% -3.11% -0.57% n.a 1.69% PAMI Global Bond Fund, Inc -b $0.832 -0.49% -8.57% -4.03% -3.33% -7.56% Philam Dollar Bond Fund, Inc. -a $2.1677 2.62% -4.81% 0.33% 1.38% -0.56% Philequity Dollar Income Fund, Inc. -a $0.0607212 2.05% -0.65% 1.31% 1.57% 1.71% Sun Life Prosperity Dollar Abundance Fund, Inc. -a $2.5973 0.56% -6.86% -2.01% -0.16% -4.56% Money Market Funds Primarily invested in Peso securities (shares) ALFM Money Market Fund, Inc. -a 136.24 2.44% 1.72% 2.53% 2.01% 2.24% First Metro Save and Learn Money Market Fund, Inc. -a 1.103 3.12% 1.78% n.a n.a 2.78% Sun Life Prosperity Peso Starter Fund, Inc. -a 1.37 2.70% 1.94% 2.46% 1.97% 2.38% Primarily invested in Peso securities (units) ALFM Money Market Fund, Inc. -a 103.99 3.95% n.a n.a n.a 3.50% Primarily invested in foreign currency securities (shares) Sun Life Prosperity Dollar Starter Fund, Inc. -a $1.0916 2.23% 1.27% 1.49% n.a 2.10% Feeder Funds Primarily invested in Peso securities (units) ALFM Global Multi-Asset Income Fund, Inc. -a 41.093 -7.24% n.a n.a n.a -3.72% Sun Life Prosperity World Equity Index Feeder Fund, Inc. -a 1.353 6.95% 8.38% n.a n.a 9.83% Sun Life Prosperity World Income Fund, Inc. -a,1 0.9512 n.a n.a n.a n.a n.a Primarily invested in foreign currency securities (Units) ALFM Global Multi-Asset Income Fund, Inc. -a $0.7558 -5.18% -7.66% n.a n.a -4.33% a - NAVPS as of the previous banking day. b - NAVPS as of two banking days ago. c - Listed in the PSE. 1 - Launch date is August 22, 2023. 2 - Launch date is October 6, 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."

www.businessmirror.com.ph

PSE STOCK QUOTATIONS

November 14, 2023

Net Foreign Stocks Bid Ask Open High Low Close Volume Value Trade (Peso) Buy (Sell) FINANCIALs BDO UNIBANK 129.5 129.9 132.5 133.1 129.5 129.5 1,940,600 253,106,103 (67,196,043) BANK COMMERCE 7.08 7.7 7.7 7.75 7.08 7.75 16,100 123,855 BANK PH ISLANDS 103 104 103 104 102.6 104 2,741,510 282,357,040 14,855,209 CHINABANK 30.45 30.5 30.45 30.45 30.4 30.45 24,500 746,015 (237,500) EAST WEST BANK 9 9.05 8.82 9 8.81 9 125,200 1,117,957 661,912 METROBANK 52.15 52.2 52.55 52.85 52.2 52.2 916,780 48,008,828.5 ( 19,658,937.5) PB BANK 8.5 8.56 8.4 8.5 8.4 8.5 11,700 99,340 PHIL NATL BANK 18.4 18.52 18.3 18.62 18.3 18.52 75,100 1,395,290 598,899.9998 PSBANK 54.3 56 55.8 55.8 54.3 54.3 900 49,044 36,924 RCBC 23.5 23.75 23.7 23.75 23.7 23.75 2,400 56,960 SECURITY BANK 70.65 71 71.65 72 70.05 70.65 363,380 25,710,736.5 (7,551,089.5) UNION BANK 59.9 60.3 59.9 60.3 59.75 60.3 59,080 3,541,498 786,818.5 BRIGHT KINDLE 1.39 1.42 1.41 1.47 1.4 1.4 217,000 305,050 COL FINANCIAL 2.81 2.82 2.83 2.83 2.82 2.82 35,000 98,730 FERRONOUX HLDG 2.71 2.88 2.88 2.88 2.88 2.88 4,000 11,520 MANULIFE 900 1,029 1020 1,030 1,020 1,030 1,640 1,673,050 PHIL STOCK EXCH 170 171.5 171.5 171.5 170 170 510 87,245 56,580 SUN LIFE 2,550 2,646 2550 2,644 2,550 2,644 130 331,970 255,000 INDUSTRIAL ACEN CORP 5.01 5.02 5.11 5.11 4.97 5.01 11,179,800 56,187,507 (28,802,168) ALSONS CONS 0.55 0.56 0.56 0.56 0.56 0.56 596,000 333,760 ALTERNERGY HLDG 0.88 0.89 0.93 0.94 0.87 0.87 1,575,000 1,406,250 105,600 ABOITIZ POWER 35.2 35.5 36.35 36.7 35.05 35.2 1,519,300 53,844,390 (7,548,185) RASLAG 1.21 1.26 1.26 1.26 1.26 1.26 10,000 12,600 BASIC ENERGY 0.188 0.19 0.186 0.192 0.186 0.188 710,000 134,240 (9,500) FIRST GEN 18.16 18.2 18.5 18.5 18.16 18.2 598,200 10,892,452 (7,847,644) FIRST PHIL HLDG 62 62.4 62.4 62.4 61.5 62 830 51,677 6,315 MERALCO 362 363 367 367 362 363 107,870 39,171,950 11,162,702 MANILA WATER 17.2 17.4 17.4 17.7 17.16 17.4 617,500 10,792,316 162,122.0003 PETRON 3.23 3.24 3.24 3.24 3.22 3.24 212,000 686,800 REPOWER ENERGY 6.81 6.99 6.82 7.14 6.8 6.99 58,400 404,985 (48,369) SYNERGY GRID 6.62 6.65 6.9 6.9 6.62 6.62 2,974,300 19,899,017 (372,349) SHELL PILIPINAS 12.62 12.8 12.6 12.8 12.6 12.8 37,200 475,972 (111,360) SPC POWER 7.6 7.84 7.88 7.88 7.56 7.84 58,400 453,438 (14,163) AGRINURTURE 1.49 1.5 1.5 1.52 1.49 1.5 3,474,000 5,268,720 3,418,410 AXELUM 1.82 1.86 1.84 1.86 1.82 1.82 514,000 944,220 CNTRL AZUCARERA 10.54 11.56 10.56 11.56 10.56 11.56 4,200 44,552 CENTURY FOOD 28 28.05 28 28.35 27.9 28.05 2,049,700 57,407,695 (33,278,840) DEL MONTE 7.32 7.41 7.3 7.3 7.3 7.3 900 6,570 DNL INDUS 6 6.01 6.21 6.21 6.01 6.01 1,293,800 7,820,697 (5,967,344) EMPERADOR 20.8 20.85 20.85 20.85 20.75 20.8 2,729,800 56,825,935 (15,076,175) SMC FOODANDBEV 49.95 50 49.8 50.8 49.8 50 144,080 7,211,735.5 (6,078,271.5) FIGARO COFFEE 0.64 0.65 0.65 0.66 0.64 0.65 5,480,000 3,565,940 32,500 FRUITAS HLDG 1.17 1.22 1.18 1.23 1.16 1.22 19,424,000 23,448,930 115,760 GINEBRA 169 169.5 171 171 169 169.5 11,490 1,945,115 8,450 JOLLIBEE 217.4 218 215 219.6 214.8 218 253,700 55,307,478 16,068,388 KEEPERS HLDG 1.46 1.48 1.47 1.48 1.46 1.47 135,000 197,410 (18,980) MACAY HLDG 6.38 7.15 6.5 7.18 5.5 7.18 7,700 50,194 MAXS GROUP 3.85 3.86 3.9 3.9 3.83 3.86 217,000 838,600 (335,200) MONDE NISSIN 8.19 8.2 8.22 8.35 7.86 8.19 3,087,600 25,107,049 (5,186,371) ROXAS AND CO 0.485 0.5 0.46 0.49 0.455 0.49 920,000 438,050 RFM CORP 2.99 3 3 3 2.99 2.99 86,000 257,890 (69,000) ROXAS HLDG 0.51 0.6 0.55 0.55 0.55 0.55 30,000 16,500 UNIV ROBINA 111.1 111.2 112.9 113.2 110.7 111.2 905,590 100,759,608 (50,976,457) VITARICH 0.51 0.52 0.51 0.52 0.51 0.52 102,000 52,250 CONCRETE A 36.2 43.5 40 40 40 40 7,000 280,000 CEMEX HLDG 0.82 0.83 0.87 0.87 0.82 0.82 272,000 224,930 139,760 EC VULCAN CORP 0.81 0.82 0.81 0.82 0.81 0.82 560,000 457,480 EEI CORP 5.37 5.57 5.37 5.6 5.3 5.57 747,000 4,051,149 (203,280) MEGAWIDE 3.15 3.17 3.18 3.18 3.15 3.17 70,000 221,870 TKC METALS 0.44 0.45 0.44 0.44 0.44 0.44 10,000 4,400 CROWN ASIA 1.54 1.6 1.55 1.56 1.55 1.55 181,000 281,300 MABUHAY VINYL 5.71 5.8 5.83 5.96 5.8 5.8 3,300 19,392 PRYCE CORP 5.19 5.29 5.3 5.3 5.2 5.22 126,200 656,990 CONCEPCION 13.5 14.92 14.92 14.92 14.34 14.92 800 11,878 (1,434) GREENERGY 0.28 0.285 0.29 0.295 0.285 0.285 23,500,000 6,826,750 (3,480,000) INTEGRATED MICR 3.4 3.5 3.5 3.51 3.4 3.42 80,000 279,730 175,000 IONICS 1.2 1.22 1.21 1.22 1.19 1.2 669,000 803,070 SFA SEMICON 2.14 2.18 2.18 2.19 2.14 2.14 457,000 991,260 (339,450) CIRTEK HLDG 1.76 1.77 1.77 1.8 1.76 1.76 172,000 303,840 -

HOLDING & FRIMS ABACORE CAPITAL 1.04 1.05 1.04 1.06 1.01 1.05 4,858,000 5,026,070 1,030 AYALA CORP 620 621 618.5 624.5 617.5 620 150,180 93,040,190 (9,247,155) ABOITIZ EQUITY 48.1 48.2 48.45 48.5 47.2 48.1 693,700 33,304,140 7,271,550 ALLIANCE GLOBAL 10.34 10.5 10.68 10.68 10.3 10.5 2,714,200 28,483,940 693,324 ANSCOR 10.96 11 11 11 10.9 11 27,100 296,622 32,700 ATN HLDG A 0.375 0.38 0.375 0.375 0.375 0.375 590,000 221,250 COSCO CAPITAL 4.55 4.64 4.64 4.65 4.55 4.55 135,000 621,090 (165,320) DMCI HLDG 9.16 9.2 9.27 9.27 9.16 9.16 1,040,600 9,557,073 (3,823,531) FILINVEST DEV 5.08 5.29 5.08 5.08 5.08 5.08 900 4,572 FORUM PACIFIC 0.2 0.27 0.2 0.2 0.2 0.2 110,000 22,000 GT CAPITAL 542 548 541.5 550.5 541 548 137,970 75,399,740 (36,642,030) JG SUMMIT 37.8 38.2 37.85 38.3 37.6 38.2 259,800 9,893,625 3,579,090 KEPPEL HLDG A 4.6 5.79 5.5 6.3 5.5 6.3 1,800 9,980 LOPEZ HLDG 4.37 4.5 4.38 4.38 4.38 4.38 14,000 61,320 LT GROUP 9.12 9.13 9.07 9.16 9.05 9.13 2,321,800 21,176,587 (2,574,549) PRIME MEDIA 2.88 2.9 2.93 2.93 2.87 2.92 117,000 340,450 SOLID GROUP 0.91 0.97 0.96 0.96 0.96 0.96 20,000 19,200 SM INVESTMENTS 819.5 825 819 825 815 825 67,660 55,598,405 10,574,085 SAN MIGUEL CORP 103 104 104.9 104.9 102.5 104 195,000 20,231,479 1,747,644 SEAFRONT RES 1.5 1.89 1.51 1.51 1.5 1.5 12,000 18,050 TOP FRONTIER 98 100 98 100 98 100 50 4,920 PROPERTY AYALA LAND 29.3 29.35 28.9 29.55 28.9 29.3 10,450,500 306,686,070 156,302,555 AYALA LAND LOG 1.65 1.67 1.67 1.67 1.65 1.65 378,000 627,560 64,390 ALTUS PROP 8.97 9.35 8.97 9.36 8.97 9.36 800 7,371 ARANETA PROP 1.01 1.04 1.04 1.05 1.04 1.05 65,000 67,650 AREIT RT 32.45 32.5 32.6 32.8 32.45 32.5 282,900 9,198,960(1, 687,080.0001) A BROWN 0.68 0.7 0.7 0.7 0.7 0.7 1,000 700 CEB LANDMASTERS 2.51 2.55 2.58 2.58 2.51 2.51 108,000 271,330 10,220 CENTURY PROP 0.31 0.315 0.31 0.31 0.31 0.31 160,000 49,600 CITICORE RT 2.52 2.53 2.54 2.54 2.52 2.53 1,926,000 4,871,670 (30,360.0003) DOUBLEDRAGON 7 7.07 6.9 7.08 6.83 7.07 233,000 1,627,953 (112,820) DDMP RT 1.22 1.23 1.24 1.24 1.22 1.22 886,000 1,085,800 (46,470) DM WENCESLAO 6.28 6.3 6.3 6.3 6.27 6.3 38,700 243,761 (63,000) EMPIRE EAST 0.144 0.145 0.141 0.145 0.141 0.145 730,000 104,480 EVER GOTESCO 0.285 0.295 0.295 0.295 0.295 0.295 400,000 118,000 FILINVEST RT 2.93 2.94 2.95 2.95 2.93 2.94 9,500,000 27,932,580 209,090 FILINVEST LAND 0.55 0.57 0.57 0.57 0.54 0.57 9,312,000 5,162,690 (488,110) GLOBAL ESTATE 0.76 0.82 0.76 0.76 0.76 0.76 10,000 7,600 8990 HLDG 8.61 9.12 8.88 9.25 8.88 9.24 52,700 479,808 GOLDEN MV 764 790 790 790 790 790 10 7,900 PHIL INFRADEV 0.51 0.52 0.51 0.51 0.51 0.51 181,000 92,310 CITY AND LAND 0.75 0.76 0.77 0.77 0.75 0.76 262,000 199,290 66,790 MEGAWORLD 2 2.01 2 2.02 2 2.01 5,329,000 10,717,070 2,122,660 MRC ALLIED 1.39 1.41 1.38 1.41 1.38 1.41 139,000 193,510 MREIT RT 12.32 12.36 12.38 12.4 12.28 12.32 254,700 3,144,222 388,286 PHIL ESTATES 0.33 0.34 0.33 0.33 0.33 0.33 60,000 19,800 PREMIERE RT 1.5 1.53 1.51 1.52 1.5 1.51 207,000 312,830 52,850 RL COMM RT 4.86 4.87 4.82 4.88 4.82 4.86 1,016,000 4,935,890 (1,233,360) ROBINSONS LAND 14.18 14.2 14.38 14.38 14.14 14.2 97,700 1,386,506 (559,542) PHIL REALTY 0.151 0.164 0.151 0.151 0.151 0.151 400,000 60,400 ROCKWELL 1.36 1.43 1.35 1.36 1.35 1.35 19,000 25,700 SHANG PROP 3.74 3.75 3.59 3.79 3.59 3.74 1,074,000 3,939,590 (275,840) STA LUCIA LAND 3.15 3.27 3.15 3.15 3.15 3.15 1,000 3,150 SM PRIME HLDG 30.65 30.95 30.95 31 30.65 30.95 1,291,900 39,853,370 1,950,990 VISTAMALLS 2.32 2.42 2.32 2.32 2.32 2.32 7,000 16,240 SUNTRUST RESORT 0.75 0.79 0.75 0.75 0.75 0.75 142,000 106,500 VISTA LAND 1.6 1.61 1.63 1.63 1.6 1.6 311,000 497,920 (179,260) VISTAREIT RT 1.68 1.69 1.69 1.69 1.68 1.68 48,000 81,010 -

SERVICES ABS CBN 3.65 3.7 3.6 3.75 3.6 3.7 349,000 1,284,030 GMA NETWORK 8.28 8.29 8.29 8.32 8.2 8.29 298,700 2,466,465 MANILA BULLETIN 0.202 0.239 0.202 0.202 0.202 0.202 10,000 2,020 GLOBE TELECOM 1,756 1,766 1766 1,766 1,755 1,766 6,475 11,407,345 (5,798,255) PLDT 1,239 1,240 1240 1,242 1,230 1,239 58,210 72,105,175 4,757,935 APOLLO GLOBAL 0.014 0.015 0.015 0.015 0.015 0.015 86,400,000 1,296,000 CONVERGE 8.25 8.26 8.36 8.4 8.21 8.25 2,904,200 24,104,854 (4,430,371) DFNN INC 3.09 3.15 3.09 3.09 3.09 3.09 303,000 936,270 DITO CME HLDG 2.59 2.6 2.65 2.68 2.57 2.59 3,554,000 9,337,410 780,880 NOW CORP 1.25 1.26 1.31 1.33 1.26 1.26 1,113,000 1,425,330 33,620 TRANSPACIFIC BR 0.136 0.139 0.14 0.14 0.14 0.14 10,000 1,400 ASIAN TERMINALS 15.34 15.96 15.78 15.96 15.32 15.96 23,200 366,970 CHELSEA 1.25 1.31 1.31 1.31 1.24 1.24 549,000 692,720 CEBU AIR 32 32.05 32.65 32.65 32 32 246,600 7,932,310 (3,274,405) INTL CONTAINER 203.4 203.6 206 208.2 202.4 203.4 694,820 141,359,984 7,449,438 MACROASIA 4.14 4.16 4.11 4.18 4.1 4.16 662,000 2,750,070 (407,180) METROALLIANCE A 0.5 0.58 0.5 0.5 0.5 0.5 55,000 27,500 PAL HLDG 5.21 5.35 5.11 5.4 5.1 5.2 13,200 67,889 HARBOR STAR 0.78 0.84 0.78 0.84 0.76 0.84 166,000 128,100 WATERFRONT 0.41 0.43 0.42 0.42 0.42 0.42 1,700,000 714,000 CENTRO ESCOLAR 8 8.36 8.36 8.36 8.36 8.36 800 6,688 FAR EASTERN U 575 580 580 580 580 580 30 17,400 STI HLDG 0.44 0.445 0.44 0.44 0.44 0.44 1,080,000 475,200 444,400 BELLE CORP 1.16 1.17 1.18 1.18 1.16 1.16 306,000 356,350 BLOOMBERRY 9.3 9.35 9.58 9.58 9.24 9.3 7,432,600 69,313,049 (15,122,040) PACIFIC ONLINE 3.4 3.44 3.49 3.49 3.4 3.4 109,000 370,890 PH RESORTS GRP 0.9 0.92 0.92 0.93 0.89 0.92 1,036,000 944,970 PREMIUM LEISURE 0.58 0.59 0.61 0.61 0.58 0.59 5,967,000 3,527,470 147,500 DIGIPLUS 6.76 6.84 6.79 6.84 6.7 6.84 261,900 1,771,487 965,716 PHILWEB 1.76 1.77 1.72 1.78 1.72 1.77 380,000 666,040 434,130 ALLDAY 0.169 0.17 0.17 0.172 0.168 0.169 4,050,000 684,920 343,830 ALLHOME 1.39 1.4 1.4 1.43 1.39 1.4 766,000 1,073,880 (817,730) METRO RETAIL 1.17 1.19 1.16 1.21 1.16 1.21 4,000 4,690 PUREGOLD 27.95 28 27.95 28.2 27.5 28 1,489,600 41,698,270 906,630 ROBINSONS RTL 38.4 38.45 39.9 39.9 38.05 38.4 400,600 15,368,890 (8,162,890) PHIL SEVEN CORP 75 81.95 71.15 75 71.15 75 60 4,461.5 SSI GROUP 2.69 2.7 2.86 2.86 2.66 2.7 304,000 821,890 (686,240) UPSON INTL CORP 1.66 1.75 1.77 1.82 1.67 1.75 80,000 139,690 2,830 WILCON DEPOT 19.92 19.98 19.9 19.98 19.8 19.98 1,597,900 31,888,678 (94,991.9996) MEDILINES 0.36 0.375 0.365 0.365 0.365 0.365 650,000 237,250 PRMIERE HORIZON 0.174 0.181 0.182 0.182 0.173 0.181 1,240,000 216,140 MINING & OIL ATOK 5.1 5.18 5 5.25 5 5.25 17,500 91,718 APEX MINING 2.53 2.54 2.55 2.56 2.54 2.54 2,977,000 7,579,150 ATLAS MINING 2.98 3 2.98 3 2.98 3 42,000 125,400 BENGUET A 4.78 5.01 4.92 5.03 4.85 4.85 137,000 669,570 BENGUET B 4.95 5.03 5.04 5.04 5.04 5.04 3,000 15,120 FERRONICKEL 2.37 2.38 2.41 2.41 2.38 2.38 9,000 21,620 (9,570) LEPANTO A 0.082 0.083 0.084 0.084 0.083 0.083 1,450,000 121,350 LEPANTO B 0.085 0.09 0.09 0.09 0.085 0.085 110,000 9,820 MANILA MINING A 0.0046 0.0047 0 0.0048 0.0048 0.0047 0.0047 7,000,000 33,000 MARCVENTURES 1.04 1.05 1.05 1.07 1.05 1.05 733,000 777,280 (2,120) NIHAO 0.52 0.55 0.495 0.55 0.49 0.55 125,000 67,200 54,900 NICKEL ASIA 5.12 5.2 5.1 5.24 5.09 5.12 986,900 5,068,024 ( 807,732.9999) PX MINING 2.8 2.82 2.82 2.82 2.8 2.8 141,000 395,950 (47,600) SEMIRARA MINING 28.7 28.8 29.25 29.45 28.65 28.8 2,159,100 62,461,550 (20,958,050) UNITED PARAGON 0.0042 0.0047 0 0.0042 0.0042 0.0042 0.0042 1,000,000 4,200 ENEX ENERGY 5.06 5.49 5.6 5.6 5 5.49 150,700 812,852 27,500 ORNTL PETROL A 0.0082 0.0083 0 0.0083 0.0083 0.0083 0.0083 3,000,000 24,900 ORNTL PETROL B 0.0083 0.0088 0 0.0083 0.0083 0.0083 0.0083 9,000,000 74,700 PHILODRILL 0.0081 0.0082 0 0.0082 0.0082 0.0082 0.0082 45,000,000 369,000 PXP ENERGY 3.79 3.81 3.83 3.83 3.72 3.81 70,000 266,070 (26,600) PREFFERED ACEN PREF A 1,011 1,040 1020 1,020 1,020 1,020 1,500 1,530,000 ACEN PREF B 1,036 1,040 1040 1,040 1,040 1,040 3,070 3,192,800 62,400 AC PREF AR 2,476 2,490 2490 2,490 2,490 2,490 105 261,450 (261,450) ALCO PREF D 440 462.8 440 462.8 440 462.8 30 13,428 AC PREF B2R 487 493 490 490 487 487 200 97,730 BRN PREF A 96.25 99.4 99 99.45 96 96 650 62,859 (48,004.5) CEB PREF 31.45 32.5 32 32.5 31.45 31.45 21,100 667,055 (564,655) PNX PREF 4 225.2 234 274.4 274.4 225 239 2,530 592,444 PCOR PREF 3B 967 1,000 968 968 968 968 20 19,360 PCOR PREF 4C 990 999 1000 1,000 1,000 1,000 10 10,000 SMC PREF 2F 72.1 72.3 72.3 72.3 72.3 72.3 1,750 126,525 SMC PREF 2I 72 72.75 72.8 72.8 72.8 72.8 1,000 72,800 SMC PREF 2J 65.1 68.4 68.4 68.4 68.4 68.4 1,000 68,400 SMC PREF 2K 62.15 65.95 62.05 62.05 62 62.05 10,700 663,905 PHIL. DEPOSITARY RECEIPTS

ABS HLDG PDR 3.29 3.55 3.55 3.55 3.55 3.55 8,000 28,400 GMA HLDG PDR 7.51 8.29 8.29 8.29 8.29 8.29 200 1,658

TECH WARRANT 0.335 0.37

WARRANTS -

SMALL & MEDIUM ENTERPRISES

BALAI FRUITAS 0.43 0.455 0.43 0.44 0.43 0.44 80,000 34,700 CTS GLOBAL 0.74 0.76 0.75 0.75 0.75 0.75 282,000 211,500 HAUS TALK 0.9 0.92 0.86 0.95 0.86 0.9 1,317,000 1,187,250 ITALPINAS 0.7 0.71 0.69 0.72 0.68 0.71 65,000 45,470 KEPWEALTH 1.52 1.79 1.54 1.54 1.54 1.54 1,000 1,540 MERRYMART 1.04 1.05 1.05 1.06 1.04 1.05 1,715,000 1,797,720 355,240 XURPAS 0.205 0.21 0.2 0.21 0.2 0.205 170,000 35,100

EXHANGE TRADE FUNDS FIRST METRO ETF

96.5

96.6

96.1

96.5

8,000

771,200

69,477

www.news.businessmirror@gmail.com

ABD loan helps PHL ensure tax compliance By Andrea San Juan

HE Asian Development Bank (ADB) announced last Tuesday it approved a $400-million loan to help the Philippines achieve its medium-term fiscal strategy by boosting tax compliance and reducing tax avoidance, among others. A statement issued by the ADB read that the loan is also intended to finance the country’s “post-pandemic economic recovery through a stronger focus on revenue mobilization, including modernizing tax administration systems, and processes.” According to the multilateral institution, the “Domestic Resource Mobilization (DRM)” program-subprogram 1 is its first “policy-based loan” dedicated to reform the process through which the Philippines raise and spend its own funds to provide for the people. “It addresses the country’s need to tackle discrepancies in tax policy frameworks to boost tax compliance, reduce tax avoidance, and raise more revenues from activities and products that have a major impact on the environment or contribute to climate change,” read the statement from the ADB. ADB Senior Economist for Public Finance Aekapol Chongvilaivan was quoted in the statement as saying that the program recognizes that DRM reforms “necessitate not only raising revenue, but also designing a revenue system that fosters inclusiveness, encourages good governance, promotes investments and job creation, reduces inequality, and tackles climate change.” Moreover, Chongvilaivan said ADB backs the government’s DRM program, which he said will result in a “higher tax-to-GDP ratio and ensure sustainable financing for the country as it sets out to achieve its goals” under the Philippine Development Plan (PDP) 2023-2028. The Philippines wants to raise its tax-to-GDP ratio from 15 percent of gross domestic product (GDP) in 2020 to at least 15.9 percent of GDP by 2026. As the PDP 2023-2028 stated, doing so would slowly narrow the gap with the 17.6-percent average ratio of its Asia and Pacific neighbors. Among the reforms pursued by the government in line with the DRM program is the digital transformation initiative of the Bureau of Internal Revenue (BIR). This project, the ADB noted, aims to “modernize” key taxpayers’ services, including online tax registration, return filing, and payment. This can potentially increase the ratio of actual tax revenues to tax potential, from 75 percent in 2020 to at least 85 pecent by 2026, the ADB added. According to the lender, the DRM program helped the government implement various international tax standards under the “Inclusive Framework on Base Erosion and Profit Shifting” and the “Global Forum on Transparency and Exchange of Information” of Organisation for Economic Co-operation and Development (OECD) and the G20. By adopting these standards, the Philippines was able to address international tax avoidance. It was only this month that Manila joined the OECD/G20 framework. By doing so, the Philippines commits to global tax standards and progressive tax reforms that will make the country “more conducive” to private sector development and foreign investment. The ADB said it has been engaging with the Philippines on DRM through policy dialogue, consulting services, and knowledge work. It is supporting the government’s “real property valuation and assessment reform” initiative to strengthen the state’s property valuation functions and modernize real property taxation, which accounts for 30 percent of local government units’ own-source revenues. The ADB said it also provided technical advice in the formulation of the packages in the country’s comprehensive tax reform program from 2016 onwards.

Banking&Finance BusinessMirror

Editor: Dennis D. Estopace • Wednesday, November 15, 2023

Demand for 10-yr T-bonds doubles

By Jasper Emmanuel Y. Arcalas

@jearcalas

ASING yields sought by investors for long-term Treasury bonds (T-bonds) allowed the Bureau of the Treasury (BTr) to make a full award, raising the entire programmed amount of P30 billion for the national government. The Treasury’s Tuesday auction saw demand for the 10-year T-bonds

reach P65.928 billion, more than double the programmed amount and,

thereby, contributing to the softening of the yields. The average rates for government security settled at 6.781 percent. The investors’ asking yields ranged from 6.748 percent to 6.8 percent, according to the Treasury. This is now the second straight week that the Treasury made a full award of a T-bonds tender. Rizal Commercial Banking Corp. (RCBGC) Chief Economist Michael L. Ricafort said the verage yield for the 10-year T-bond was lower than the 6.954 percent recorded in the previous tender three weeks ago. Nonetheless, the average yield on Tuesday’s auction was slightly higher

RCBC Q3 income falls as revenues spike By VG Cabuag

@villygc

UCHENGCO-led Rizal Commercial Banking Corp. (RCBC) saw its income for the nine months of the year hit P9.03 billion, a drop of 10 percent from the P10.05 billion the lender posted in the same period last year. Nonetheless, RCBC said in its disclosure to the stock exchange that its revenues hit a record P35.95 billion, a 4-percent increase from the previous year’s P35.95 billion. The country’s sixth-largest lender in terms of assets saw a 7-percent growth in core-business profitability offset by significant non-recurring income posted last year. Fee income increased by 17 percent from last year, the bank added. “With customer experience at the heart of our digital transformation strategy, the bank commits to deliver relevant and disruptive solutions to the market,” RCBC President and CEO Eugene S. Acevedo was quoted

in a statement as saying. “These innovative and high-impact Al and digital-use cases were key to the bank’s sustained growth despite challenging external headwinds,” Acevedo added. Total assets climbed 12 percent and reached P1.2 trillion driven by a 12 percent increase in customer loans with higher loan volumes across all segments. The bank’s total assets reached P1.1 trillion by the end of September last year. Consumer segment led the rally and rose 23 percent year on year. The bank’s credit card business in particular, posted a 49-percent growth in the portfolio with new cards issued up 51 percent from last year. Cardsin-force recently surpassed the one million benchmark supported by data-driven acquisition and crosssell campaigns. To support the bank’s asset buildup strategy, deposits rose 13 percent, mostly from CASA (current accounts, savings accounts) which accounted

for 83 percent of the increase and closed 21 percent higher versus previous year. Capital also went up following a P27-billion capital infusion last July boosting the CAR (capital adequacy ratio) and CET1 (common equity tier 1) ratio to 17.1 percent and 14.4 percent, respectively as of end September. In the same period last year, the bank’s CAR and CET1 were at 15.29 percent and 12.3 percent, respectively. RCBC remains to be the favored digital banking brand with a 42-percent increase in gross transaction volume across the bank’s multiple digital platforms. The company had a total consolidated network of 459 branches, 1,448 automated teller machines (ATMs) and 3,426 ATM Go terminals strategically located nationwide. As of end-September last year, RCBC said it had 452 branches, 1,313 ATMs and 1,472 ATM “Go” terminals.

BANKING ON TEACHERS

This undated photo courtesy of City Savings Bank Inc. (CitySavings) shows teachers (seated) listening to a speaker on mental health, one of the several activities that CitySavings said it held during the 2023 National Teachers’ Month as part of its corporate social responsibility (CSR) program. CitySavings President Manuel Santiago Jr. also highlighted the teachers’ significant contribution to nation-building. CREDIT: Photo courtesy of City Savings Bank Inc.

Unionbank eyes growing loan portfolio for SMEs by 30% in 2024, 1M clients by 2030 By Rizal Raoul S. Reyes @brownindio

HE banking unit of the Aboitiz conglomerate plans to grow its loan portfolio for the smallscale and medium-sized enterprises (SMEs) by 30 percent in 2024. In a news briefing last week, Union Bank of the Philippines (Unionbank) Business Banking Head Jose Paolo R. Soliman told reporters that the bank’s loan exposure as of the first week of November reached P14 billion. Soliman said the lender is targeting P16 billion by the end of 2023. “We’re aiming to grow by 9 percent to 10 percent in 2023,” he added. At present, the loan exposure of Unionbank for SMEs—excluding those in those informal sector—is P14 billion. Right now, the utilization rate of SMEs is 65 percent to 70

percent and a 90-percent repayment rate, according to Soliman. Based on the data, our SME clients are responsible payers given the flexibility to pay loans, he added. “Our target goal is to hit one million customers by 2030. But with the traction of the brand, we might hit it soon,” Soliman said. In a disclosure to the stock exchange on October 27, the lender said that for the first nine months of the year, its “customer base has reached over 13 million, averaging over two million new customers per year from 2019.” In the same disclosure, Unionbank said its net revenues for the first nine months of 2023 amounted to P52.8 billion, up by 48 percent versus the same period last year. “Net interest income grew 34 percent to P37.3 billion, largely attributed to the 18-percent in-

crease in the bank’s loan portfolio,” the lender added. “Consumer loans grew faster at a pace of 22 percent year-on-year.” Unionbank said it has one of the highest proportion of consumer to total loans in the industry at 56 percent, resulting in the bank’s aboveindustry net interest margin of 5.3 percent.” During the briefing in Mandaluyong City, Unionbank launched a “powered up” solution for SMEs called “UB Negosyante.” “SMEs face so many challenges due to various pain points which can be discouraging to them,” said Soliman. “We wanted to address those pain points, so we put together a single user experience through the ‘UB Negosyante’ app that will address those pain points, may they be related to collection, reconciliation, disbursement, just to name a few.”

than the comparable PHP BVAL yield which was at 6.74 percent, Ricafort added. The RCBC executive attributed the softening in investors’ asking yields to the recent decline in US treasury yield and lower global oil prices as the Israel-Hamas conflict has started to cool down. “Thus, all these factors, including the stronger peso exchange rate recently, could support the view of a possible pause in local policy rates on Thursday, November 16, matching the latest Fed rates pause on November 1 and could at least reduce the need for another local policy rate hike af-

ter the off-cycle +0.25 local policy rate hike on October 26, 2023,” Ricafort said. This month, the national government programmed to borrow as much as P225 billion from the tender of T-bonds and Treasury bills. The national government has been struggling to borrow its full target amount from the domestic market as investors have been asking for higher than acceptable yields, particularly for T-bills, amid volatile market conditions. The Treasury was only able to raise P141.641 billion or about 94.42 percent of its target amount from the sale of debt papers last month.

BIR: Goods with ₧250M in tax liabilities seized

HE Bureau of Internal Revenue (BIR) announced having recently seized master cases of illicit cigarettes with tax liabilities estimated at P252 million. The BIR said its personnel successfully led a joint enforcement operation against illicit cigarette traders and smugglers last November 6 in the Davao region. The BIR said authorities discovered that brands such as “Canon,” “GreenHill” and “Bros” were being smuggled into the Philippines without the proper payment of excise taxes. The operations led to the confiscation of 717 master cases (358,500 packs) of illicit cigarettes. BIR Commissioner Romeo D. Lumagui Jr. was quoted in a statement as saying the agency “will continue the fight against illicit tobacco traders or smugglers wherever they may be.” “The BIR will continue to protect compliant taxpayers while prosecuting illicit trade. We will not stop. Expect more enforcement operations,” Lumagui added. The BIR said the smugglers violated Section 130 of the National Internal Revenue

Code as amended, Republic Act 11900 and Revenue Regulations 7-2021, 18-2021 and 14-2022. Furthermore, the BIR said it also conducted a successful enforcement operation last November 8, seizing 51 master cases or 25,500 packs of smuggled “New Orleans” brand of cigarettes. The seized goods had an estimated tax liabilities of P17.9 million. The BIR said these operations were undertaken by personnel of the BIR, the Naval Forces of Eastern Mindanao Command based in Davao City, the Davao City Police Office PS6 and Task Force Davao. Last August, the Bureau of Customs (BOC) announced having seized close to P1.9billion worth of smuggled cigarettes from January to July, surpassing the amount it recorded for the entire 2022 on the back of a huge raid earlier this year. BOC data showed that as of end-July, Customs conducted 152 seizures of illicit cigarettes and tobacco products valued at P1.889 billion. (Full story: https://businessmirror.com. ph/2023/08/03/boc-seizesP1-9b-worth-of-smuggled-cigarettes-from-january-to-july-2023/) Jasper Emmanuel Y. Arcalas

Metrobank lends ₧5B for ACEN’s RE project

HE Metropolitan Bank & Trust Co. (Metrobank) said it extended a P5-billion loan to ACEN Corp., the Ayala Group’s listed energy firm, for the latter’s renewable energy (RE) expansion plan nationwide. Metrobank said the loan facility it extended to ACEN is “key” in “paving the way” in expanding “secure, reliable and affordable” electricity supply in the country. “ACEN plays an important role in promoting [RE] within the country and the Asia Pacific region,” Metrobank Institutional Banking Sector Head Mary Mylene A. Caparas said. “We are honored to be a partner of ACEN in pursuing their energy projects that are key to building a more sustainable future for our planet and the generations to come,” Caparas added. ACEN Chief Finance Officer Cora Dizon said the P5 billion would aid in achieving the firm’s vision of 20 gigawatts (GW) by 2030. “This collaboration with Metrobank is a critical catalyst for our ambitious expansion plans and the execution of pivotal projects as we steadfastly work

towards our 20 GW by 2030 vision,” Dizon said. “It empowers us to generate more clean and sustainable energy, a necessity in this era of escalating power demand.” Metrobank said ACEN is one of the largest RE firms in the region with 4,500 megawatts of attributable capacity across the Philippines, Australia, Vietnam, Indonesia and India. “The energy company has set its goal to transition its power generation portfolio to 100-percent renewables by 2025 and aims to reach 20 GW of renewables capacity by 2030,” it added. In a disclosure to the stock exchange on October 27, Metrobank said its net interest income for the nine months ended September 2023 surged by 24.4 percent to P77.2 billion, “on the back of higher margins.” The country’s second-largest private universal bank added that its gross loans climbed by 7.1 percent year-on-year, with consumer loans climbing by 16.5 percent. “Meanwhile, commercial loans were up by 4.8 percent, tracking the country’s modest economic growth,” the bank added. Jasper Emmanuel Y. Arcalas

Wednesday, November 15, 2023 • Editor: Gerard S. Ramos

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TODAY’S HOROSCOPE

FROM left: Iman Vellani as Ms. Marvel, Brie Larson as Captain Marvel, and Teyonah Parris as Captain Monica Rambeau in a scene from The Marvels.

By Eugenia Last

CELEBRITIES BORN ON THIS DAY: Shailene Woodley, 32; Jonny Lee Miller, 51; Beverly D’Angelo, 72; Sam Waterston, 83. HAPPY BIRTHDAY: Don’t let the little things get to you. Rise above and do your best, and positive change will unfold. Step outside your comfort zone if it will take you on a journey that offers answers and the chance to create something meaningful. Discipline and uniqueness will make others take note and support your efforts. Trust and believe in yourself and the plans you want to pursue. Your numbers are 7, 18, 23, 25, 32, 37, 45.

ARIES (March 21-April 19): Live and learn. Watch, and you’ll get an inkling of what others expect of you. Invest time and money in yourself and learn additional skills to help you land the desired position. Self-improvement will lift your spirits and attract compliments. ★★★★★

TAURUS (April 20-May 20): If you want something, push your way forward. Don’t take a wait-and-see approach, or you’ll fall behind while others surpass you. Rely on yourself and make changes that position you in a direction that utilizes your skills to the fullest. ★★★

‘The Marvels’ melts down at the box office, marking a new low for the MCU

BY JAKE COYLE The Associated Press

EW YORK—Since 2008’s Iron Man, the Marvel machine has been one of the most unstoppable forces in box-office history. Now, though, that aura of invincibility is showing signs of wear and tear. The superhero factory hit a new low with the weekend launch of The Marvels, which opened with just $47 million, according to studio estimates on Sunday. The 33rd installment in the Marvel Cinematic Universe, a sequel to the 2019 Brie Larson-led Captain Marvel, managed less than a third of the $153.4 million its predecessor launched with before ultimately taking in $1.13 billion worldwide. Sequels, especially in Marvel Land, aren’t supposed to fall off a cliff. Yet The Marvels debuted with more than $100 million less than Captain Marvel opened with—something no sequel before has ever done. David A. Gross, who runs the movie consulting firm Franchise Research Entertainment, called it “an unprecedented Marvel box-office collapse.” The previous low for a Walt Disney Co.-owned Marvel movie was Ant-Man, which bowed with $57.2 million in 2015. Otherwise, you have to go outside

the Disney MCU to find such a slow start for a Marvel movie—releases like Universal’s The Incredible Hulk with $55.4 million in 2008, Sony’s Morbius with $39 million in 2022 or 20th Century Fox’s Fantastic Four reboot with $25.6 million in 2015. But The Marvels was a $200 million-plus sequel to a billion-dollar blockbuster. It was also an exceptional Marvel release in numerous ways. The film, directed by Nia DaCosta, was the first MCU release directed by a Black woman. It was also the rare Marvel movie led by three women—Larson, Teyonah Parris and Iman Vellani. Reviews weren’t strong (62 percent fresh on Rotten Tomatoes) and neither was audience reaction. The Marvels is only the third MCU release to receive a “B” CinemaScore from moviegoers, following Eternals and Ant-Man and the Wasp: Quantamania. The Marvels, which added $63.3 million in overseas ticket sales, may go down as a turning point in the MCU. Over the years, the franchise has collected $33 billion globally—a point Disney noted in reporting its grosses on Sunday. But with movie screens and streaming platforms increasingly crowded with superhero films and series, some analysts have detected a new fatigue setting in for audiences. Disney chief executive Bob Iger himself has spoken about possible oversaturation for Marvel. “Over the last three and a half years, the growth of the genre has stopped,” Gross wrote in a newsletter Sunday. Either way, something is shifting for superheroes. The box-office crown this year appears assured to go to Barbie, the year’s biggest smash with more than $1.4 billion worldwide for Warner Bros. Marvel has still produced recent hits. Guardians of the Galaxy Vol. 3 launched this summer with $118 million before ultimately raking in $845.6 million worldwide. Sony’s Spider-Man: Across the Spider-Verse earned $690.5 million globally and, after rave reviews, is widely expected to be an Oscar contender. The actors strike also didn’t do The Marvels any favors. The cast of the film weren’t permitted to

promote the film until the strike was called off late Wednesday evening when SAG-AFTRA and the studios reached agreement. Larson and company quickly jumped onto social media and made surprise appearances in theaters. And Larson guested on The Tonight Show on Friday. The normally orderly pattern of MCU releases has also been disrupted by the strikes. After numerous strike-related delays, the only Marvel movie currently on the studio’s 2024 calendar is Deadpool 3, opening July 26. Separately, after two weeks atop the box office, Universal Pictures’ Five Nights at Freddy’s slid to second place with $9 million in its third weekend of release. The Blumhouse-produced videogame adaptation has accumulated $127.2 million domestically. Taylor Swift’s The Eras Tour concert film came in third with $5.9 million from 2,484 venues in its fifth weekend of release. The film, produced by Swift and distributed by AMC Theatres, has made $172.5 million domestically and $240.9 million worldwide. Sofia Coppola’s Priscilla held strongly in its second weekend of wide release. The A24 film, starring Cailee Spaeny as Priscilla Presley and Jacob Elordi as Elvis, remained in fourth place with $4.8 million, dipping only 5 percent from the week prior. Martin Scorsese’s Killers of the Flower Moon, an Apple Studios production being theatrically distributed by Paramount Pictures, took in $4.7 million on its fourth weekend, to bring its domestic haul to about $60 million. While quite low for a $200 million movie, Killers of the Flower Moon is primarily an awards-season statement by Apple of its growing moviemaking ambitions. In its first weekend of expanded release, Alexander Payne’s acclaimed The Holdovers, starring Paul Giamatti as a curmudgeonly boarding-school instructor, launched with $3.2 million from 778 locations. The Focus Features release, an expected Oscar contender, will hope for strong legs as it plays through the fall. ■

GEMINI (May 21-June 20): Speak your mind, but get your facts straight—or someone will take pleasure in correcting you. There isn’t much wiggle room, making it necessary that your presentation is impeccable. Don’t leave anything to the imagination. ★★★

CANCER (June 21-July 22): Don’t sit on the sidelines; get in the game. Take responsibility and act. It’s what you do that will bring about positive change. Use your imagination, look for an alternative and be sure to get what you want in writing. Control your destiny. ★★★

LEO (July 23-Aug. 22): Keep a level head when dealing with friends, relatives and peers. Anger won’t solve anything, but common sense, compromise and compassion will. Listen, but don’t believe everything you hear. Go directly to the source, get the facts and make intelligent decisions. ★★★★★

VIRGO (Aug. 23-Sept. 22): Take a break, look around and try something new and exciting. What you experience today will offer insight into the possibilities that exist. It’s time to adjust your life to suit your pursuits. Prepare to let go of what’s holding you back. ★★

LIBRA (Sept. 23-Oct. 22): Ask questions, learn as you go and get your details straight before sharing information. Truth will be necessary if you want to attract people who have something to offer in return. Spiff up your appearance to boost your confidence. ★★★★

SCORPIO (Oct. 23-Nov. 21): You are overdue for a change, and its influence on your life will give you the momentum to see matters through. Don’t hide in the background; enter the spotlight and make your dream come true. ★★★

SAGITTARIUS (Nov. 22-Dec. 21): Make decisions based on facts, not emotions. Consider who and what is essential, and make a move to rectify a problem before compromising your position or reputation. Take care of matters yourself to avoid interference. ★★★

CAPRICORN (Dec. 22-Jan. 19): A domestic change will lead to a window of opportunity. Explore your options and secure your position. Trust in your ability to do what’s best for you, and you’ll increase your chance to get ahead. Thoughts followed by actions will not disappoint. ★★★

AQUARIUS (Jan. 20-Feb. 18): Put any anger aside and concentrate on gathering facts and considering your options. Make a physical move that compensates for any loss or disruption. Protect what you have, and direct your energy where it offers the most in return. ★★★★

PISCES (Feb. 19-March 20): If you evaluate your options based on facts, you’ll make better choices. Refuse to let an emotional incident cause you to make a reckless decision that you live to regret. Bide your time, be observant and put your energy into something that offers a positive return. ★★ BIRTHDAY BABY: You are energetic, versatile and imaginative. You are responsible and formidable.

‘ﬁrst in line, second in command’ BY ANGEL MILLER The Universal Crossword • Edited by David Steinberg/Anna Gundlach/Jared Goudsmit

ACROSS 1 Word before “chocolate” or “matter” 5 Give a “whap!” 9 Certain Chopin piece 14 “Superfood” berry 15 Like, forever 16 Stared in disbelief 17 Young child 19 Cartoon character originally named Dippy Dawg 20 Suffix with “Gator” 21 Bit of land in the ocean 22 Offerings from Jeni’s or Ben & Jerry’s 23 President Barbie portrayer 25 Is unwell 27 Garden gnome or plastic flamingo 32 Drift, as a scent 35 Glowing gas 36 Ninja Turtle with a blue bandanna, for short 37 Log splitter: Var. 38 Skill that’s rare these days...or, parsed differently, a hint to 17-, 27-, 45- and 61-Across 41 Gray Catan resource

42 “___ Be There for You” (song) 43 “Tell Mama” singer James 44 Draws to a close 45 Tool similar to a paper knife 50 “Penciled” facial feature 51 “Please locate the ___ exit” 55 Asian capital in the Red River Delta 58 Tiny complaints 59 Chinese bun 60 Lacking company 61 “Time for bed!” 63 Just adores 64 Pinnacle 65 Part of YOLO 66 Celebratory meal 67 “Grizzly” animal 68 Tournament exemptions DOWN 1 ___ Lama 2 Orange juice and soda, chemically 3 Gives a PG-13 to, say 4 DIY set 5 Playground plank 6 Like some sweaters 7 Diarist Frank

8 Mao ___-tung 9 Moussaka ingredient 10 Philosophy of the Way 11 Savvy about 12 Nimble 13 Ice cream brand 18 Turkish currency 24 ___ text (image description that a screen reader might read) 25 198,120 square miles, for Thailand 26 “Are you ___ out?” 28 Ready to pour 29 College in Barcelona? 30 Stereotypical D&D fan 31 Digits in sneakers 32 Bawl 33 Wheelbarrow bar 34 ___-tip pen 38 Most wary 39 Other, in Spain 40 Put away 44 Write “missteak,” say 46 Certain small steaks 47 Total head-scratcher 48 Lead-in to “lands” or “world”

49 Ann Arbor-to-Detroit direction 52 Black piano key material 53 Ponzu or pesto 54 “Like, absolutely!” 55 Four, for eight 56 ___ vera (plant with edible gel) 57 Briefly bright star 58 “That’s great!” 61 Place with test tubes 62 Bawl Solution to today’s puzzle:

Image BusinessMirror

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Editor: Gerard S. Ramos • Wednesday, November 15, 2023

❶ OCEANSIDE 2-PIECE SECTIONAL SOFA Clean lines

and an on-trend, how-low-can-yougo seat give the Oceanside sectional its breezy ease and modern attitude. The combination of a left-arm chaise and right-arm sofa floats in a room, and the wrap-around flow from arm to back gives the low-profile, two-piece sectional a neat, fully finished look from any angle. Soft-yet-structured cushions provide just enough support for a comfortable seat you won’t want to leave.

❷ TOUR WHITE PORCELAIN DINNERWARE

❶

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Crate & Barrel’s Tour dinnerware boasts of angled silhouettes to set the table with a modern edge. This straight-sided collection slants in toward the base for softly sculptural profiles. Handglazed matte white on the exterior and glossy within, the fine porcelain place setting belies its dishwasher-safe durability.

❸

Bring holiday magic home T SOUTHEAST ASIA’S PINNACLE WINE EVENT SET TO RETURN IN SPECTACULAR FASHION

AFTER a three-year hiatus caused by the Covid-19 pandemic, the 20th Grand Wine Experience is poised to make a triumphant return, promising to be the most grandest and remarkable edition in its history. Scheduled to be held on November 17, 2023, at the Marriott Grand Ballroom in Newport City, this event has solidified its reputation as Southeast Asia’s premier wine gathering. With more than 1000 exceptional selections of wines, spirits, sakes and beers from across the globe, meticulously curated by experts and presented by renowned winemakers and distillers, it offers an unparalleled tasting experience. What sets the 20th Grand Wine Experience apart is not only the extensive collection of libations but also its role as a gastronomic paradise. Accompanied by a meticulously prepared selection of dishes by top chefs, this event is an evening of pure indulgence, exploration, discovery and enjoyment. Marriott Hotel Manila’s Executive Chef Meik Bramer has promised an extraordinary culinary experience to complement the wines. Ronald “Ron” Lim Joseph, director of finance and operations of Ralph’s Wines and Spirits, part of the Philippine Wine Merchants Group, which is the main proponent of the Grand Wine Experience annual event since 2001, disclosed that they were supposed to hold the 20th Grand Wine Experience in November last year and it could have already been a major success. At the time, quarantine restrictions resulting from the pandemic had already been lifted in favor of economic recovery and Filipinos were practically hitting the ground running after a couple of years of being taken off from their usual work and leisure routines. But the Joseph brothers, who are the brains and prime movers for the Grand Wine Experience annual event, decided to wait a little while longer and finally firmed up the date. So, it has been set. The 20th Grand Wine Experience shall be held on November 17, 2023 at the Marriott Grand Ballroom in Newport City. The Grand Wine Experience, which has evolved from a wine and spirits event into a celebration of life, a toast to the future, and a tribute to the past, signifies resilience and the ability of Filipinos to overcome adversity. This year’s Grand Wine Experience not only celebrates two decades of excellence and innovation but also coincides with the reopening of the hospitality industry after a period of lockdowns and restrictions due to the pandemic. It provides a perfect opportunity to reconnect with old friends, make new connections, and savor the finer things in life. The event will commence at 5 pm and is expected to extend well past midnight. Given the longawaited return of the Grand Wine event, tickets are anticipated to sell quickly, making it essential for interested parties to secure their spots early for an unforgettable night.

HIS holiday season, global lifestyle brand Crate & Barrel invites everyone to create joyful, share-worthy moments right at home—from layering every room with a touch of whimsy to setting a festive table and giving presents everyone will surely love.

HOLIDAY LOOKS TO LOVE

‘TIS the season for making your home merry and bright. Think winter white with a hint of natural beauty and metallics or classic green and red that’s timeless and festive. No matter your style, discover all you need to easily make you home holiday ready at Crate & Barrel. Choose from a variety of ornaments that light up a room and beautifully designed toppers and skirts for your tree. Swap out your pillows for cozy accents of whimsical pillow covers and plush throws for easy layering. Deck the halls with candlelight that glow, decor that sparkles, and centerpieces that wow, everything you’ll need to add holiday cheer to every corner.

CHIC HOLIDAY GATHERINGS

THE heart of holiday gatherings? The living room and dining room. It’s often forgotten that the furniture is just as important as all the decor for the holidays. Crate & Barrel’s family-fave sofas, expandable dining tables, and quality dining chairs are perfect for holiday lounging and have the right comfort and style that will make you and your guests want to linger. Be the chicest host and set your table modern,

merry and festive with entertaining essentials that make hosting feel effortless. Get a festive look with seasonal colors and bold hues of deep red and forest green or if you prefer a minimalist setting, try a Scandinavian feel with crisp white plates and other entertaining essentials with subtle nods to the holiday. Don’t forget the layers for your tablescape— table napkins, kitchenware turned serveware, drinkware, and everything in between. Most of all, don’t forget the show-stopping centerpiece to match your show-stopping menu.

❸ WARM

ACACIA TANNENBAUM CHRISTMAS ORNAMENT TREE

Create a winter wonderland on your fireplace mantel, buffet, or dining room table with the Tannenbaum ornament tree. Crafted by artisans, the Scandinavianinspired evergreen threads acacia wood branches on a black iron upright topped with a sweet star. Rotate the limbs to create your ideal arrangement.

GIVE GIFTS THAT SPARK JOY

GIFTING is always made special with Crate & Barrel and here’s how they made it easier than ever. Discover gift bundles online at www.crateandbarrel.com.ph that are expertly curated so they’re easy to give and ready to love. Make gifting even more special with personalization options in-stores where you can add a name or initials to a great selection of items. This year, they’ve also got a DIY gifting corner, where you can choose from any of the items and get it at a special price. The gift you know everyone will love? Gift cards—it’s a quick add-on but still thoughtful. With stores at SM Aura Premier, SM Makati, and SM Megamall, bring home the holiday magic with Crate & Barrel (www.crateandbarrel.com.ph) and discover Christmas-ready décor, holiday essentials, delightful gifts and more to get everyone into the spirit this season and make this Christmas the best one yet. Alternatively, consumers can call to order or shop online today. ■

❹ ONA PITCHER

❹

Get a grip

IT is not always easy being organized, especially when there are competing demands from all areas of your work, or when everyone in your team is working on the same project. While establishing a routine is helpful for daily tasks, there will come a time when the entire team will be involved in a project where everyone has their own individual concerns, and it will be up to you to decide which tasks need to be prioritized. When everything and everyone is demanding for your attention, how do you decide? When overwhelmed with so many things competing for your attention, the first thing you need to do is to ground yourself. This is where you focus your attention on one task for the meantime so that you can have a sense of control. You need to find your center so that you do not become reactive and impulsively act on the first thing that comes to your attention. As a leader, you need to critically examine what is happening and look for the best way to solve the issues that confront your team. It will not help if you are the first one to become flustered by everything that’s going on. After grounding yourself, get everyone’s input and list them down so that you can capture their concerns accurately. If possible, do not decide on what to do yet, but ask to be given a few minutes to process what they have raised. Listing will give you a visual cue of what still needs to be done and is helpful in tracking what has been completed. The problem with being overwhelmed is that you have no way of knowing

what the priority tasks are, so you madly scramble to finish whatever is put in front of you. Listing helps you see which tasks are in sequence and prioritize those tasks that have dependencies. Now that you have a list, arrange them in categories so that you can plan and strategically address them. One way is to use the Eisenhower Matrix which looks at tasks under two criteria – urgency and importance. Do the urgent and important tasks first because these are time-sensitive and will need your action before they become a crisis. If a task is not urgent and not important, cross it out because it should not take your time. For the urgent but not important tasks, delegate them to a team member who can handle them on their own. But for the important but not urgent tasks, schedule when you will do them. Other leaders further organize their important but not urgent tasks into categories like administrative matters, people development, workload management, and whatever logical category works for their team. The point is that you need to come up with a system of grouping tasks with similar functions together so that you can identify the sequence of the tasks and their interdependencies. In addition, other leaders categorize their tasks into blocks of time so that they have a focus on what to do throughout the day. This also allows them to schedule more intensive tasks during the time of day when they have the most energy. If possible, identify at most three priority deliverables for the day and let your team know about them. This will give them direction for the day but at the same time, it limits extraneous work from creeping into your team’s core activities. For timesensitive projects, you need to meet your team as early as possible so that they can have enough time to finish the tasks for the day. One thing you need to remember when organizing your team is to set realistic goals. This means understanding what your team can do within the workday. Lack of planning and organization skills

will result in overtime work or working over the weekend. If you and your team do not want to become overwhelmed, you need to properly plan their tasks so that work is distributed equitably to all the team members, and they can pace themselves accordingly. Remember that if you fail to plan, you are planning to fail. Take the time to plan your team’s workload so that they do not get overwhelmed when there are competing demands. During times when your team is not so busy, plan your team’s workload so that one team member does not get overwhelmed with more tasks than the others. In planning your team’s workload, allot time for unexpected tasks. Do not expect that tasks will remain constant throughout the year, so allot an hour or two for tasks that might creep into your team’s workstreams. If new tasks intrude into the routine tasks, be prepared to recalibrate other deliverables to make room for new tasks. Also, take the time to tell your team when they are doing well. When everything is going on all at the same time and your team needs to be affirmed that they are headed in the right direction. A simple tap on the shoulder, a smile, or an encouraging word goes a long way in pushing your team in the right direction. Do not forget that down time is the best time to train team members who have not fully developed their skills. Your team will not always be on the up and up, so when you have spare time, use it to get to know your team and find opportunities to upgrade their skills. Their training will only be as fun and enjoyable as you make it to be. So, be creative in training them. Working smart means organizing your team to complete tasks when there are so many things going on at the same time. Like a lighthouse, you should be your team’s beacon of safety and security. When everyone is overwhelmed, you need to remain steadfast so you can provide direction to your team. If you do not get a grip on yourself, you will take your entire team down with you.

Ona’s signature offcenter handle makes it the center of attention. Handmade in crystal-clear glass with a thick, cut and polished rim. A beautiful presence when filled or simply on display.

Wednesday, November 15, 2023

www.businessmirror.com.ph

PACO MAGSAYSAY NAMED LINKEDIN’S TOP BUSINESS LEADER FOR INNOVATION

ROM ice cream guy to ICT innovator, Francisco “Paco” Magsaysay continues to reap awards for business. The founder of Carmen’s Best Ice Cream and president and CEO of Asian Vision Cable Holdings, Inc. was recently named LinkedIn’s Leadership CatalystTop Business Leader for Innovation Award. He was also named one of the Philippines’ Top 30 Leaders on LinkedIn along with Sabin Aboitiz of the Aboitiz Group, John Aguilar of Dragon’s Nest, Nerissa Berba of Security Bank Corporation, Chad Soleto of Robinsons Land Corporation, and Lito Villanueva of PayMaya, and 14 other big names. T he Philippines’ Top 30 Leaders on LinkedIn was initiated by IMS Learn-

ing & Consulting, Coach A nda, and V B Consulting. It aims to recognize Filipino leaders who have demonstrated values and qualities that have led to great workplaces, engaged employees, and great resu lts through integr it y, malasakit, courage, inspiration, and

resilience. Magsaysay has previously received the 2018 Agora Award for Excellence in Entrepreneurship, 2022 Emerging Entrepreneur Award by the Italian Chamber of Commerce of the Philippines, 2022 Ernst & Young Entrepreneur of the Year for Small Business Categor y, and 2022 Mansmith Award for Enter prise Innovator for Product Innovation. Magsaysay is best known for Carmen’s Best, a well-loved premium ice cream brand that he built from scratch when he came back to the Philippines from the US He is now heading the Magsaysay family business, Asian Vision, an ICT company that offers internet cable and connectivity, managed services, cloud solutions, cybersecurity, professional IT services, and structured cabling.

Rex Education bags awards at 21st Manuel L. Quezon Gawad Parangal, 45th Catholic Mass Media Awards

EX Education was recently recognized at the 21st Manuel L. Quezon Gawad Parangal and the 45th Catholic Mass Media Awards (CMMA). The Quezon Gawad Parangal is held annually in October as part of the local government’s celebration of the city’s founding. The 2023 awards ceremony recognized individuals and institutions who were exemplary in the fields of social work, environment and sanitation, law and justice, business and entrepreneurship, and science and technology.

Rex Education was among the 15 individuals and institutions recognized at this year’s iteration of the prestigious event. The 21st Manuel L. Quezon Gawad Parangal took place on October 25, 2023 at the PETA Theater Center. The selection panel of Quezon City department heads, previous award winners, and respected professionals from various sectors conferred the award to REX for its prominent dedication to educating the masses through literature. The local government also cited REX’s pioneering

work in the educational publishing industry, particularly through Rex Book Store, Inc. (RBSI). RBSI’s contributions to education publishing include learning materials encompassing early childhood education, basic education, high school, tertiary, law, and post-collegiate materials. RBSI takes pride in its extensive network of 24 branches located across Luzon, Visayas, and Mindanao. This only further affirms REX’s mission of nurturing every child for lifelong learning. To be the choice learning companion of Filipino learners and to be recognized by the communities REX serves, are a joy and honor. Four of REX’s published works were also recently recognized at the 45th CMMA. The CMMA is an annual ceremony that pays tribute to individuals and organizations that produce values-filled content through print, broadcast, and social media. The CMMA pre-announced winners virtually on October 27. REX and Catechetical Media Network (CMNAsia, Inc.) bagged the Best Children’s Magazine with the publication “Backpack.” Meanwhile, REX and CMN-Asia’s “Crossroads” won in the Best Youth Magazine category. “Tangkilikin ang Sariling Atin (Marketing Our Local Products)” by Allan Alejo Jr., published by REX and CMN-Asia, was recognized as Best Editorial Cartoon. “Si Nelia, Si Marta, at Si Maria” by Felix C. Alcantara, published by REX and CMNAsia, was acknowledged as Best Comic Story. These citations further fuel REX’s drive and dedication to producing quality learning materials that can inspire spirituality and values among Filipino children. REX always endeavors to contribute to the development of the whole learner—one who is healthy, safe, engaged, supported, challenged, and values-oriented. In light of these accolades, REX remains inspired to constantly improve and strive for excellence— para sa bata, para sa mamamayan, para sa bayan.

iACADEMY Partners with Philippine National Red Cross for Successful Blood Donation Drive

N a bid to make a tangible difference in the community, iACADEMY collaborated with the Philippine National Red Cross, Rizal Chapter, Makati Branch, for a Blood Donation Drive on October 20, 2023. This initiative falls under the auspices of the Social Orientation and Community Involvement unit (SOCI) and NSTP, reflecting iACADEMY’s commitment to holistic education and community welfare. At iACADEMY, it goes beyond the traditional boundaries of education; the institution places a strong emphasis on cultivating responsible, compassionate, and community-driven individuals. The Blood Donation Drive aimed to instill in students the values of Bayanihan, a core aspect of Filipino culture, and the importance of affecting positive social impact through simple yet profound acts of generosity. The event was met with an enthusiastic response from the iACADEMY community. A total of 77 pre-registration sign-ups were recorded, with 63 individuals registering as donors. As the day unfolded, 37 individuals stepped forward as heroes, successfully donating their precious lifegiving blood. Among these heroes were students

and dedicated iACADEMY faculty and staff. Each volunteer’s donation of one bag, or 450ml, of blood is a vital contribution to the cause. These seemingly small acts collectively resulted in more than 16 liters of blood across various blood types being added to the PNRC’s blood reserve. This initiative not only has the potential to save countless lives but also serves as a tangible reminder of iACADEMY’s commitment to fostering a culture of social responsibility. By participating in this Blood Donation Drive, the iACADEMY community exemplified the institution’s core values of empathy, community involvement, and the ability to create positive change. iACADEMY extends its heartfelt gratitude to all those who participated in this life-affirming event. Their selflessness and willingness to give of themselves in such a meaningful way demonstrate the power of unity, compassion, and the spirit of Bayanihan. The institution looks forward to more such community-driven initiatives in the future, aiming to empower its students to be not just leaders in their chosen fields, but also change-makers in society.

Unity Boodlefight: A Thanksgiving for a Peaceful, Fast Barangay Election

N November 8, 2023, candidates of the recently concluded Barangay Election filled the City Evacuation Gymnasium of Sto. Tomas, Batangas to join in the Unity Boodlefight, a program spearheaded by City Mayor Atty. Arth Jhun Aguilar Marasigan. The boodlefight is a thanksgiving for a peaceful and fast Barangay Election. According to Mayor AJAM, the election has been concluded, and now is the time to come together and unite towards the continuing progress of the City of Sto. Tomas. Moreover, this activity puts emphasis that in the City of Sto. Tomas, regardless of whether one wins or

not, all are equal, and that it is natural for Tomasinos to be understanding. This is the first time that all candidates are gathered together after an election to join and enjoy a meal together. This event was also attended by Vice Mayor Catherine Jaurigue Perez, City Council members, Board Member Hon. Wilfredo Maliksi, DILG CGLOO Angie Sagun, and PNP Chief PLTCol. Rodel S. Ban-o. On November 16, 2023, an extensive Oath-Taking and Turnover Ceremony will be conducted and headed by Mayor AJAM to formally start the terms of the newly elected officials.

Publicis Groupe Philippines partners with AC Health, PMAP to fight cancer stigma in the workplace

UBLICIS Groupe has announced a major milestone for its global “Working with Cancer” (WWC) initiative in the Philippines. Publicis Groupe Philippines has signed a Memorandum of Association (MOA) with Ayala Healthcare Holdings Inc (AC Health) and the People Management Association of the Philippines (PMAP) establishing the three companies as the founding partners to drive the WWC Pledge forward in the market. The signed MOA represents the firm pledge and collaboration between these organizations to create a more supportive professional environment for all cancer fighters, caregivers, and survivors, providing them with the essential job security and care they need throughout their careers. The WWC Pledge was originally unveiled earlier this year in Davos, spearheaded by Arthur Sadoun, the Global Chairman and CEO of Publicis Groupe and global clients including McDonald’s, Nestlé, PepsiCo, and more. Sadoun has been open about his cancer diagnosis and created the Pledge to push for significant concrete organizational action when it comes to supporting those dealing with chronic disease. The initiative is also supported by leading cancer charities and organizations, including the Memorial Sloan Kettering Cancer Center (MSK), MacMillan Cancer

IN the photo from left are Jaime E. Ysmael, President and CEO, Heatlhway Medical Network; Paolo Maximo F. Borromeo, President & CEO AC Health; Joanne Abrian-Ty, Chief Finance Officer, Publicis Groupe Philippines; David F. Drilon, Chief Digital Officer, Publicis Groupe Philippines; Ma. Elizabeth D. Nasol, DPM, President People Management Association of the Philippines (PMAP); Rene N. Gener, DPH, Executive Director, People Management Association of the Philippines.

Support, and the Gustave Roussy Institute. Joanne Abrihan-Ty, who represented Publicis Groupe Philippines during the MOA signing said “We’re incredibly grateful to formalize our alliance with AC Health and PMAP as we move to rally the most influential companies to build the most open, supportive, and recovery-forward work cultures for employees. In a world where one in every two people will be diagnosed with cancer in their lifetime, we believe that WWC should be a movement for all businesses, big or small.” PMAP, founded over 59 years ago, is a professional, non-stock, not-for-profit organization of over 1,800 member companies and individual management

executives engaged or interested in Human Resource Management (HRM) and Industrial Relations (IR) work. For PMAP President Ma. Elizabeth Nasol, being a part of the MOA stems from a mission to improve organizations’ support for their people. She said, “This cancer support initiative, born out of the collaborative effort of the founding partners, carries a profound message—that cancer should never be a personal problem. PMAP, as an influential organization in people management, recognizes that it has the power to shape corporate practices and people’s lives. In line with this influence, we affirm that the WWC movement is not merely an initiative but a reflection of our values of empathy, compassion,

and unity. Through this collaboration, we pledge to encourage our member organizations to provide comprehensive support in the face of cancer—a shared challenge that ensures that those affected by it will never have a solitary journey.” Established in 2015, AC Health is a wholly owned subsidiary of the Ayala Corporation that aims to provide every Filipino accessible, affordable, and quality healthcare. Paolo Borromeo, President & CEO of AC Health, emphasized that their involvement with the cause strongly aligns with the company’s core values, capabilities, and priorities. “It’s an honor to be a part of the Working with Cancer initiative,” he said. “At AC Health, we’ve always been committed to finding better solutions to problems across the healthcare sector—a passion that has led us to initiatives like the opening of the Healthway Cancer Care Hospital, the first dedicated cancer hospital in the country, and the roll-out of our Connected Care Circle Program for Oncology across our entire Healthway Medical Network. We are excited about our role in helping the WWC movement grow because we recognize our responsibility and obligation, as providers and employers, to provide the best care and environment to our employees for cancer screening, treatment, and recovery. Together, we can do much

to revolutionize cancer care in the workplace setting.” This was reinforced by Jaime Ysmael, President & CEO of the Healthway Medical Network (AC Health’s Hospitals and Clinics group), who said, “Making this cancer awareness movement grow and getting more support from the employer side is a big step in the right direction. As part of the Ayala Group, we’re always deeply concerned about employee welfare, and we feel that a company is only as strong as its people. So, we need to get more involved in their care and provide them with the right support, especially as they continue to fight the disease. Together, indeed, let’s fight the stigma.” Dave Drilon, Chief Digital Officer of Publicis Groupe Philippines, further shared, “With the intent of providing better cancer care in the workplace, there’s certainly a need for greater awareness and action. We must work closer with companies to ensure these programs get implemented. The formalization of the pledge with our founding partners AC Health and PMAP is but the first step to growing this movement in the country—something we will nurture for many years to come—and we look forward to working with more businesses and institutions in this undertaking.” For more information about WWC, please visit Workingwithcancerpledge.com.

BusinessMirror

Editor: Tet Andolong

Wednesday, November 15, 2023 B7

CBDs are sources of growth

By Rizal Raoul S. Reyes

ista Land and Lifescapes Inc. definitely knows where to put its money as the property giant knows that the central business districts (CBDs) particularly those located in Metro Manila are sources of growth and wealth. In fact, it has cast a wide net in such locales through its projects Salcedo Square and Laureano di Trevi Towers in the Makati CBD; The Currency and The Spectrum in the Ortigas CBD; Vista Shaw in Mandaluyong City; and The Symphony Towers and Wil Tower in Quezon City. Teresa Tumbaga, division head of Vista Land and Lifescapes pointed out that the property giant wants to assist in diversifying their real estate portfolios with properties that have high potential for growth and appreciation. “Our mission is to provide an abundance of opportunities for investors and guide them in making smart investment choices,” she said. “CBD properties can be rightfully acknowledged as the epicenter of real estate investment in the country,” she said. Tumbaga said the company also gives importance to accessibility and mobility as all Vista Land developments in these CBDs are near transportation hubs and essential destinations. Tumbaga said Vista Land knows the important role of CBDs in the Philippines, particularly those in Metro Manila, as they are rapidly

emerging as prime destinations for residential property developers. The company recognizes the value of CBDs as locations of multinational companies’ corporate headquarters, business processing organizations, business institutions, and commercial establishments, A-list real estate firms are building their projects in close proximity to these locations. In fact, Tumbaga said it is sparking the interest of both local and international investors seeking a reliable source of wealth growth. Moreover, CBDs offer a wide array of investment opportunities—from residential condos to mixed-use developments—in these bustling and thriving business districts, enabling investors to customize their portfolios so that these may align with their specific goals. Vista Land said property seekers will get their money’s worth as these properties boast of welldesigned units and modern recreational and security facilities, ensuring a seamless and hassle-free living experience for residents and tenants alike. The commitment to provide the highest standards of living is complemented by modern design aesthetics with functional-

Wil Tower in Quezon City by Vista Land and Lifescapes Inc. is an ideal choice for property-seekers and investors due to its prime location.

ity, creating spaces that exude comfort, elegance, and convenience.

Expats driving residential sector’s growth Condominium leasing continues to recover across Metro Manila especially with the return of more expatriates, said Joey Bondoc, Director of Research at Colliers. “Local employees gradually returning to on-site work also contribute to improved leasing especially in major business districts including Makati CBD, Ortigas Center, and Fort Bonifacio.” Bondoc added pre-selling de-

Panasonic seeks to grow B2B portfolio in PHL amid booming infrastructure, real-estate developments

For prospective property owners and investors, Vista Life and Landscapes Inc. offers the upscale Salcedo Square in the Makati CBD.

mand has been experiencing a yearon-year rebound driven by the midincome segment, but developers remain cautious of new launches especially given the substantial ready-for-occupancy (RFO) units and the elevated vacancies in the secondary market. Moreover, Colliers has also been seeing the expansion of resort or leisure-themed projects outside Metro Manila, said Bondoc. “And we project the launch of similar projects as property firms cater to a rising demand from a discerning and affluent market. Colliers believes that to stoke the market,

attractive and flexible payment terms and promos should continue to be offered by developers.” Bondoc also emphasized that green and sustainable features should be integrated and highlighted as demand for these features rose at the height of the pandemic. He also stressed it is also an opportune time for unit owners to upgrade and renovate to capture demand from the investors. Meanwhile, Colliers stressed the importance for developers and investors constantly monitor inflation and interest rate changes and these indicators’ eventual im-

pact on mortgage rates. Interest rates remain at 6.25 percent as of June 2023 while average mortgage rates increased to 8.1 percent in Q2 2023 from 7.3 percent a year ago and from 7.4 percent in 2020. Colliers encourages investors to proactively monitor interest and mortgage rates, particularly as these strongly influence the viability of condominium as a residential investment. Interest rates should guide developers with their promos and payment schemes and if it is already necessary for developers to revisit these to reignite interest from investors and end-users.

A Merrier Christmas at Filinvest Mimosa Plus

By Roderick L. Abad

A NASONIC Manufacturing Philippines Corp. (PMPC) has launched a suite of “Smart & Sustainable” solutions catered mainly to the retail, residential and commercial industries, with the end goal of increasing brand awareness and revenue share growth for its businessto-business (B2B) portfolio. According to PMPC Country Head Yosuke Tanaka, Panasonic is well known as a leading appliance brand in the Philippines, wherein it accounts for “more than 80 percent” of the company’s sales revenue. “But when they see Panasonic as a global brand, the revenue of the appliances is only maybe less than 30 percent, and the rest of 70 percent comes from the B2B segment. Then, why we’re not doing this here?” he told reporters on the sidelines of the launch of Panasonic B2B Integrated Show at The Fifth at Rockwell in Makati City last November 8. “So this is the first time that we do this kind of event to increase our brand awareness when we talk about Panasonic not only as a product but a complete solution provider.” Apart from the government’s ongoing massive infrastructure projects, other developments are now underway as seen in the constant rise of various condominiums, retail, commercial and office buildings nationwide. “There are so many development projects that are still not yet implemented here in the Philippines. So I think it’s a very big chance for us to grow our B2B portfolio as there are many rooms that we can introduce some of our solutions,” said Tanaka,

Filinvest Mimosa Plus Christmas display

who also serves as manager of Electronic Works and B2B Marketing Groups. The cutting-edge B2B innovations that Panasonic now offers to the domestic market include control, safety, saving, security, and comfort solutions. For residential, there are ventilation solutions like air conditioners, ventilating and ceiling fans. There are also appliance solutions, such as refrigerators, television, induction cookers, and even small kitchen tools like microwave oven and toaster. Projectors, security camera, and special lighting fixture, among others are up for the office or commercial market. With retail establishments in mind, like cafe and food and beverage, Panasonic offers commercial refrigerators, big rice cookers, smart food locker system, and lightings. With the positive feedback the company has so far received from various major developers, such as Federal Land Inc., Megaworld Corp., and Robinsons Land Corp. that graced the

show, Panasonic is positive of a good market response for its B2B solutions. “Although the market is quite slow not only in the Philippines but globally, but overall I think we will have a continuous growth in the Philippines this year. Not only that we are keeping our appliance business afloat, but we’re challenged in this kind of field [B2B] that we could have more in terms of growth share,” Tanaka said, while citing their goal of hitting their usual “double-digit” growth target. With the B2B category’s sales revenue contribution of at least 20 percent at present, PMPC’s Eco Solutions Group Technical Sales Supervisor Edrian Nikko M. Placer told the BusinessMirror that they are aiming to increase it by at least 35 percent in the next two to three years. He is bullish on achieving this given the “booming real estate industry” post-pandemic as seen in the continued rise of condo, office and commercial towers in Metro Manila and other key cities all over the country.

t was a Christmas experience like no other in Filinvest Mimosa Plus in Clark, Pampanga as the township recently kicked off an exciting holiday season with a Christmas Tree Lighting Ceremony in partnership with Quest Plus Clark and Golf Ridge Private Estates at the Acacia Open Grounds. To get everyone into the Christmas spirit, the exciting festivity opened with melodious carols from the AUF Chorale. Their performance continued toward the countdown to the Tree Lighting until the exciting grand fireworks display. The night concluded with a sweet serenade from no less than the OPM Showbiz Royalty, Karylle. Dubbed “Stellar Christmas,” the festivity anchors on the rich culture and tradition of Pampanga, known as the Christmas capital of the Philippines, as Mimosa+ decorates the whole township with larger-than-life Christmas installations that brings the whole community to the outdoors. Filinvest Mimosa Plus sustains the holiday thrill with a series of exciting activities in the coming months, which are open for everyone—from families and friends—to enjoy and bond over.

(From left) Director of the Department of Tourism Region 3 Richard Daenos, Golf Ridge Private Estate Project Development Manager Bonna Crisostomo, Filinvest Mimosa Plus First Vice President for Townships Don Ubaldo, Filinvest Alabang Inc. President; COO Catherine Ilagan, Clark Development Corporation President; CEO Atty. Agnes VST Devanadera, Quest Plus Clark and Mimosa Plus Golf Course General Manager Michael Gapin, Luzon International Premiere Airport Development (LIPAD) President; CEO Noel Manankil, and Clark International Airport Corporation President; CEO Arrey Perez. “ The Christmas Tree Lighting Ceremony is indeed a very exciting time as it officially signifies the start of the holidays at Filinvest Mimosa Plus,” shared Don Ubaldo, Filinvest Alabang Inc., First Vice President for Townships. “We hope families and friends looking to make meaningful memories together can find it here—as we light up the whole township with larger-than-life Christmas installations, as well as through the Christmas activities we have prepared especially for them.” Strategically located at the heart of Clark Freeport Zone (CFZ), Filin-

vest Mimosa Plus is easily accessible via a two-hour drive from Manila via NLEX, SCTEX, and TPLEX and a short eight-minute drive from Clark International Airport. Access by sea is possible through the Subic Freeport Zone while public transportation is available through Mabalacat Regional Bus Terminal. Come and visit Mimosa+ Christmas display from 6am to 9pm daily until January 6, 2024. (Open for public viewing) To know more or for inquiries on Filinvest Mimosa+ properties, visit http://mimosaplus.com.ph/.

ENEVA—Olympic sports bodies want urgent talks with the International Olympic Committee (IOC) about possible cuts in their revenue shares and athlete quotas at the 2028 Los Angeles Games because cricket and other newcomers were added to the program. The IOC last month approved cricket, baseball/softball, flag football, lacrosse and squash for 2028 and kept boxing, modern pentathlon and weightlifting—three sports whose status had been in doubt. The umbrella group of current Summer Games sports, known by the acronym ASOIF, said Monday the decision to increase to a record 36 sports “has raised several questions” among its members, who collectively shared $540 million of IOC-allocated money at each of the past two Olympics. Most Olympic sports got $13 million to $17.3 million from the pandemic-delayed Tokyo Games in 2021. For some, that was about half of their total income over four years. Adding four team sports in 2028 also will push the IOC to extend its preferred limit of 10,500 athletes at a Summer Games and likely will put pressure on the core Olympic sports to cut their allowed number of athletes. The IOC has set a target of early 2025 to confirm final quotas. ASOIF’s ruling council agreed Monday “to raise these urgent matters with the IOC leadership” after meeting in Lausanne, Switzerland. The council includes the presidents of World Athletics and the International Gymnastics Federation, two of the three top-tier Olympic sports. The third is aquatics. Track and field got $38.5 million

Revenue shares, athletes quotas hounding IOC after the Tokyo Games, while gymnastics and swimming each got about $31.4 million of the IOC’s total revenue from broadcasters and sponsors of $7.6 billion from 2017-21. Adding cricket is expected to raise the IOC’s broadcast deal in India by at least $100 million. Key issues for Olympic sports as the games keep expanding are “revenue share, athlete quotas, Olympic qualification systems and games optimization,” ASOIF president Francesco Ricci Bitti said. Optimization is the current Olympic buzzword for trimming costs and services to help organizers control spending. “These are the issues that hugely impact [international federation] operations and have far-reaching effects on the entire Olympic movement,” Ricci Bitti said in a statement. In a scheduled speech later Monday in Lausanne, IOC President Thomas Bach told sports officials he was “well aware” of their concerns about the LA program.

“I would like to reiterate that the federations of the new sports proposed by the [Los Angeles] organizing committee do not have to be included in the ASOIF revenue sharing model,” Bach told them. The IOC is not due to confirm the total revenue-sharing funds from the 2024 Paris Olympics until late next year. “We should always know that these new sports on the Olympic program for LA will only add to the overall value of the Olympic

Games—and from this added value we all will benefit,” Bach said. With Russia planning to stage a World Friendship Games weeks after the closing ceremony in Paris, ASOIF cautioned its members Monday about their involvement in a potential rival to the Olympics. Moscow and Yekaterinburg are set to host the games in September. The Russian multi-sport event “is not conducive to dialogue within the sports world during these challenging times,” ASOIF said. The Russian Olympic Committee remains suspended by the IOC but individuals can still be invited by some sports to compete as neutral athletes in international events if they don’t publicly support the war in Ukraine and don’t have ties to the military or state security agencies. AP THOMAS BACH says he’s “well aware” of concerns about the LA28 program. AP

Cignal, Navy lead pools in PNVF spikefest

JG BUGAOAN tries to score for Cignal. NONIE REYES

Pague, Olivares favored bets as MITF Open unfolds in Iloilo

IGNAL and PGJC Navy rolled past separate opponents to seize the lead in their respective pools in the Philippine National Volleyball Federation (PNVF) Challenge Cup men’s division on Tuesday at the Rizal Memorial Coliseum in Manila. The Sealions cruised to a 25-20, 25-11-, 25-18 win over 3B Marikina City as the HD Spikers ran away with a 25-15, 25-14, 25-16 win over the University of Batangas. PGJC Navy previously drubbed Plaridel, Quezon with a 25-18, 25-23, 25-10 win for a 2-0 record in Pool C of the PNVF Challenge Cup supported by the Philippine Sports Commission, PLDT, Rebisco, Akari, Foton and CBPI. Cignal was not to be left behind in posting a similar 2-0 start in Pool A of the 20-team men’s division. The HD Spikers scored a 25-21, 25-16, 25-22 debut win over Savouge Aesthetics last week. In the other match, VNS Asereht also bagged their second win in as many games after clobbering Rizal Technological University-Basilan, 25-23, 25-15, 25-23, to claim the lead in Pool B. VNS scored its first win against the University of the East, 25-18,19-25 25-21,2520, last week as the PNVF, headed by Ramon “Tats” Suzara, unveiled the new Challenge Cup in lieu of the old Champions League.

With little to no break, Cignal and PGJC Navy will plunge back into action right away on Wednesday against different counterparts anew in a bid to shore up their playoff drives. Cignal takes on Kuya JM-Davao City at 2 p.m. after the duel between PGJC Navy and Angatleta-Orion, Bataan at 12 p.m. Other games in the men’s division feature the Volida Volleyball Club and Savouge Aesthetics at 8 a.m. and Jose Rizal U against Marikina at 10 a.m. In the 16-team women’s play, Davao City battles JRU at 4 p.m. as La Salle-Dasma and Lyceum of the Philippines University-Batangas clash at 6 p.m. to cap a six-game bill.

Sports BusinessMirror

B8 | W

ednesday, November 15, 2023 mirror_sports@yahoo.com.ph Editor: Jun Lomibao

SOFIA FRANK is all smiles.

Frank has fun winning gold on MOA rink

By Josef Ramos

OFIA LEXI FRANK showcased her world-class potential form to handily win gold in the Philippine National Figure Skating Championships held over the weekend at the Mall of Asia rink in Pasay City. The 18-year-old Frank had fun all the way through. “It’s fun to be back here in the Philippines,” Frank, beaming with the same smile and charm she inherited from her beauty queen mom Precious Tongko, told BusinessMirror on Sunday night. “It’s a good experience,” said Frank, who garnered 124.77 points to skate away with the senior women’s crown of the event organized by the Philippine Skating Union (PSU). “It’s not my best skate but I persevered,” added Frank, who guested at the Carol on Ice music show also at the MOA rink after defending her title in the annual championships.

TONY LASCUÑA will defend the title he won in the inaugural knockout format event at the Villamor Golf Club last year.

OP seed Jose Maria Pague seeks redemption while Eric Olivarez fuels his own drive for another major crown as the first MITF National Open Tennis Championships unwraps Wednesday at the Metropolis courts in Iloilo City. Thirty other bets made up of the country’s top guns and emerging stars are in the 32-player men’s singles draw, all primed for a week-long test of power, styles and endurance in the first Open championship hosted by the city renowned for its historic churches and traditional fabrics. Both determined to make a mark in pursuit of the top P60,000 prize, Pague faces David Aligaen while the No. 2 Olivarez tangles with Elemar Sealza in the lower half of the draw. Pague fell short to AJ Lim, Jr. in the finals of Governor Franklin Bautista Open in Davao Occidental last month while Olivarez yielded to Pague in the semis the last time out. In other key opening day matches, No. 3 Josshua Kinaadman, who teamed up with Olivarez to win the Bautista Open doubles title, clashes with Litz de Juan, and fourth ranked Vicente Anasta tests Benedict Santiago’s mettle. No. 5 Eric Tangub collides with Ralph Javero, sixth seed Nilo Ledama trades shots with Khenz Justiniani, No. 7 Alexis Acabo mixes it up with Austin Egaran while eighth ranked Noel Salupado takes on Andre Alcantara. Also on tap in the event are the men’s, women’s and mixed Open doubles, the Legends men’s doubles for 40s, 50s and 60s and women’s doubles 30s and the grand slam juniors boys and girls competitions.

Lascuña, Constantino eye repeat at The Country Club Match Play

HE country’s leading pros and rising stars go headto-head in the International Container Terminal Services Inc. (ICTSI) The Country Club Match Play Invitational which gets going Tuesday at the challenging TCC layout in Laguna. The four-day championship will showcase those who excelled in the recently-concluded 10-leg Philippine Golf Tour (PGT) and Ladies PGT with Tony Lascuña and Harmie Constantino poised to defend their titles after posting contrasting victories in the inaugural knockout format event at the Villamor Golf Club in Pasay last year. The multi-titled Lascuña secured the men’s crown with a convincing 4&3 victory over Keanu Jahns while Constantino staged a comeback, clinching the women’s trophy on the 19th hole against top amateur Rianne Malixi. But the road to back-to-back championships won’t be easy for Lascuña and Constantino as they face formidable challenges from the Top 32 in the PGT Order

Sell beer to fans during basketball games?

BEER is not for sale during games inside stadiums in the Philippines. The reason is obvious: Drunks aka intoxicated fans might cause trouble. But not in America.

Charmaign Skye Chua settled for the silver medal with 96.46 points and Skye Frances Patenia bagged the bronze with 89.64 points. Frank dominated the free skate program with 45.65 points against Chua’s 31.12 and Patenia’s 26.13 points and was also unbeatable in the short program with 38.95 points against Chua and Patenia’s got 30.85 and 30.36, respectively. Skating out of Colorado Springs, Frank is eyeing the International Skating Union Challenger series Golden Spin Zagreb leg from December 6 to 9 in Sisak, Croatia. “I hope to do well in Croatia and qualify for next year’s world championships,” she said. “That’s really my other goal aside from competing in the Winter Olympics in Italy 2026.” The World Figure Skating Championships are from March 18 to 24 in Montreal. Isabella Gamez and Russian partner Aleksandr Korovin, meanwhile, also showcased their form in the senior pairs and although there were no other participants, they allowed themselves to be scored and emerged with 142.59 points. “We believe these athletes are driven by the talent of our high-level skaters,” PSU president Nikki Cheng said. “Isabella Gamez and Aleksandr Korovin and Sofia are continuing that legacy and inspiring our youth.”

In an Associated Press (AP) report recently, it cited a survey of Power Five conference of Notre Dame that 55 of 69 schools—that is 80 percent—now sell alcohol in the public areas of their stadiums on game days. Of the remaining schools, some sell alcoholic drinks in non-public areas of the venue such as suites. “Others do not sell booze at all,” the AP said. This season, the University of Wisconsin will begin selling booze at basketball and hockey games. However, the university is one of the 69 institutions that does not sell alcohol to the general public at football games. For years, alcohol has been sold in American stadiums, but the number of schools willing to do it, according to AP, dramatically picked up in the late 2010s. Adam Barry, a health behavior social scientist at Texas A&M, was quoted by AP as saying that after the

of Merit rankings and the Top 16 players in the LPGT money list, respectively. The Country Club, renowned for its length, hazards and challenging holes, especially in the presence of the wind, will also test the skills of the elite cast in both the PGT and LPGT. Action kicks off on Tuesday with the Round of 32 in the P2 million men’s competition and the Round of 16 in the P1.5 women’s tournament with the winners moving to the next round on November 22 featuring the PGT Round of Eight and LPGT’s quarterfinal phase. The PGT survivors will then face off in the morning quarterfinals on Thursday and then in the semifinals in the afternoon together with the LPGT with the victors disputing the titles on the November 24. A pro-am tournament will be held on November 20. While the Ladies PGT will miss some notable players likes this year’s three-leg winner Daniella Uy, Bacolod leg titlist Chanelle Avaricio, Caliraya Springs leg champion

Pauline del Rosario and young gun Malixi, the PGT side boasts of a strong lineup, including Jahns and this year’s leg winners Jhonnel Ababa (South Pacific and Villamor), Reymon Jaraula (Valley), Rupert Zaragosa (Iloilo), Ira Alido (Bacolod) and back-to-back TCC Invitational champion Dutch Guido van der Valk. Uy, meanwhile, is vying for a spot in the Ladies Professional Golf Association of Taiwan (TLPGA) in an upcoming qualifier also slated next week while del Rosario is priming up for the LPGA Q-Series. But in the LPGT fold are South Pacific winner Florence Bisera, who tied for 18th in last week’s Party Golfers Ladies Open in Taiwan, amateur and Valley leg champion Mafy Singson, who ended up joint 21st in Taiwan, Chihiro Ikeda, Sarah Ababa, Mikha Fortuna, Pamela Mariano, Gretchen Villacencio, Apple Fudolin, Rev Alcantara, Lovelyn Guioguio, Kristine Fleetwood, Eva Miñoza, Lucy Landicho, amateur Laurea Duque and Korean Seoyun Kim.

Southwestern Conference allowed schools to sell alcohol in 2019, booze started to flow in stadiums from coast to coast. The AP survey found that 19 schools that currently are in Power Five conferences began selling alcohol to the public during football games in 2019. Before that, just 20 such schools permitted the practice. Beer is freely sold in American stadiums staging basketball and baseball games and in arenas when boxing matches are on for the longest time. I had beer myself when I was covering Manny Pacquiao’s three-round destruction of Erik Morales, the Mexican legend, in 2006 at the Thomas & Mack Center in Las Vegas, Nevada. The Mexican fan next to me was becoming rowdy after Pacquiao had decked Morales twice in the first six minutes of the fight. That was normal. Mexicans are noted for roughness when watching their compatriots fight. After Pacquiao had finally knocked the lights out of Morales with just 12 seconds left in the third round, my

Mexican seat mate stood up quick, shook my hand and said, “Adios, amigo! Hasta la vista!” (Bye, friend! See you!”) Just like that. No frills. No hard feelings. Imagine the MOA Arena in Pasay City and the Smart Araneta Coliseum in Cubao, Quezon City, selling beer when games are on in both the University Athletic Association of the Philippines and National Collegiate Athletic Association tournaments, not to mention the Philippine Basketball Association. No way. Are you looking for trouble? THAT’S IT Finally, Ramon S. Ang’s involvement in the Gilas Pilipinas basketball journey, upon the invite of Manny V. Pangilinan, has been finally revealed and lustily cheered as crucial to the country’s gold-medal win in the recentlyended Asian Games. “We were invited to help,” said Ang, the President/CEO of San Miguel Corp., in an interview by TV 5 anchor Cheryl Cosim. “We immediately said yes because we would never refuse if we are needed in the interest of the Filipino people.” Cheers!