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SUGAR FIASCO PROBE Shortly after members of the Blue Ribbon Committee (chaired by Sen. Francis Tolentino, at right) voted to subpoena him, Executive Secretary Victor Rodriguez appears before the panel Tuesday, September 6, 2022, to clarify what transpired before the controversial issuance of the Sugar Order No. 4 (SO4). “I would like to sincerely apologize if you have to resort to the issuance of the subpoena to compel my presence today. I have no intention whatsoever to disrespect the honorable members of the Senate, and the Senate as an institution," he added. StoriesontheSenatehearinginSecondFrontPage,A18 PHOTOS
T HE reopening of the econ omy may be driving com modity prices to increase as inflation nationwide averaged 6.3 percent in August, according to the Philippine Statistics Au thority (PSA).
The slowdown, Mapa said, was mainly caused by the recent roll back in pump prices as well as the arrival of fish imports. However, the start of the new school year, among others, has increased house rental rates and electricity prices. “What’s clear here is [the role of] housing, water, electricity, gas, and other fuels because of their weight [in the Consumer Price Index]. We’ve seen rentals contributing to this also because as you know, it’s August and back to school and house rentals are rising,” Mapa explained, partly in Filipino.Basedon PSA data, the infla tion for actual rentals for housing increased 3.1 percent in August 2022 year on year compared to July 2022. Mapa said housing rental ac counts for 12.81 percentage points or more than half of the weight of the housing, water, electricity, gas, and other fuels commodity group in inflation whose weight in the CPI is 21.4 percent. This was followed by the in crease in Electricity, Gas and Other Fuels prices—CPI weight of 4.6 percent. Inflation of Electricity, Gas and Other Fuels reached 15.7 percent year on year in August 2022 and 1.9 percent compared to July Mapa2022.also noted an increase in Maintenance, Repair and Securi ty of the Dwelling which include construction material prices. Data showed inflation of the Mainte nance, Repair and Security of the Dwelling reached 3.7 percent year on year and 0.3 percent month on month in August 2022. Apart from these, Mapa said education services posted an infla tion of 3.8 percent year on year in See “PSA,”
In the report, “The Workforce We Need: Social Outlook for Asia and the Pacific,” Unescap said only 40 percent of working Filipinos have decent jobs. These workers earn more than twice the income of those with poor quality jobs in the Philippines. “In the Philippines, 43 per cent of workers in sectors with a strong urban component such as electricity, gas, steam and air conditioning supply, are found in good quality jobs, compared to only 6 percent of rural work ers in the agriculture, hunting, forestry and fishing sectors,” the reportUnescapstated.added that in the Philippines, individuals with secondary and tertiary educa tion are four to five times more likely to have a good quality job than those with no education. Decent work in the Philip pines is defined as jobs that al low workers to earn more than a minimum wage, with duty hours of at least 40 hours per week. This also means workers are formally employed; their jobs are full-time or permanent jobs; and are not in vulnerable employment.“Peopleof working age make up two thirds of the region’s population and more than half of the global labor force. We depend on them to power the economic growth, competitive ness and sustainable develop ment needed to accelerate the region’s progress towards all 17 Sustainable Development Goals,” Unescap said. “Our work force generates the tax revenues needed to pay for essential public goods and ser vices and ensures the well-being of dependent family members. Yet the working-age population of Asia and the Pacific is under pressure, denied the decent work opportunities it needs to fulfil its potential,” the report lamented.Decent work, according to Unescap, entails equality of opportunity and treatment at work, dignity and safety in the workplace, a fair income and freedom for workers to orga nize and participate in decisions related to their work and lives. It provides workers with ac cess to social protection and health care, thereby ensuring that negative coping strategies, See “Unescap,” A2
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By Bianca Cuaresma @BcuaresmaBM & Bernadette D. Nicolas @BNicolasBM
SENATE PRIB
Manila hopes to withtradeimprovebalanceJakarta n Wednesday, September 7, 2022 Vol. 17 No. 334
THE country’s inflation is ex pected to peak in the third quarter before slowing down in the fourth quarter of this year, Finance Secretary Benjamin E. Diokno said on Tuesday, as the Bangko Sentral ng Pilipinas (BSP) signalled it will take further action to curb inflation, even after backto-back hikes in recent months. The statement came after the government announced that lo cal inflation hit 6.3 percent in August, easing slightly from the 6.4 percent in the previous month. Despite his projection of in flation peaking in the third quarter, Diokno said they still expect inflation to settle within By Cai U. Ordinario @caiordinario L ESS than half of the Phil ippine work force is hold ing down a quality job, according to a report released by the United Nations Economic and Social Commission for Asia and the Pacific (Unescap).
PESO EXCHANGE RATES n US 56.9410 n JAPAN 0.4050 n UK 65.6188 n HK 7.2545 n CHINA 8.2131 n SINGAPORE 40.5707 n AUSTRALIA 38.6800 n EU 56.5595 n KOREA 0.0416 n SAUDI ARABIA 15.1500 Source: BSP (6 September 2022) A broader look at today’s business BusinessMirror US SAYS RUSSIA TO BUY ROCKETS, ARTILLERY SHELLS FROM N. KOREA THE WORLD A13 DOF, BSP SEE INFLATION STAYING WITHIN RANGE ONLY 40% OF PINOYS HAVE QUALITY JOBS–UNESCAP See “BSP,” A2 All commodity groups post price hikes in Aug
On Tuesday, National Statisti cian Claire Dennis S. Mapa said that while inflation in August was slower than the 6.4 percent posted in July 2022, all commodity groups posted price increases.
By Samuel P. Medenilla @sam_medenilla THE country is poised to fur ther increase its imports from Indonesia despite its aspiration to reverse its “trade im balance” with its Southeast Asian neighbor. Thisafter President Ferdinand “Bongbong” R. Marcos Jr. an nounced on Tuesday that he talk ed with Indonesian President Joko Widodo about the possible See “Jakarta,” www.businessmirror.com.ph
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Year-to-date, inflation averaged 4.9 percent, still beyond the govern ment’s target band of 2 to 4 percent.
The Finance chief vowed that the government will continue provid ing targeted support to those affected by elevated prices of fuel and key commodities. He also affirmed the government’s commitment to boosting local food production. “Measures include fuel subsidies for the transport sector, fuel dis counts for farmers and fisherfolk, and social pension for indigent senior citizens,” he said. “The government is also committed to implementing measures to improve productivity and local production and ensure the adequate supply of food in the domestic market.”
If the country will invest in comprehensive and universal pro tection, the Philippines could see a poverty reduction of at least 24 percent.“The percentage reduction in poverty is shown using the interna tional poverty lines for income grouping of each country, as defined by the World Bank,” Unescap said. “The benefit levels are set to the global average benefit levels for each respective benefit of 4 percent of GDP per capita for child benefits, 14 percent of GDP per capita for disability benefits and 16 percent of GDP per capita for old age benefits,” it explained.
“The PSA reported that headline inflation slightly decelerated to 6.3 percent in August, while year-to-date inflation stood at 4.9 percent. This is driven by persistent high prices of food and transport,” Diokno said.
BSP policy actions MEANWHILE the BSP said in a statement that its recent policy actions “are intended to bring inflation and inflation expectations back to the target to ensure the balanced and sustainable growth of the economy in the medium term. The BSP is prepared to take further policy actions to bring inflation toward a target-consistent path over the medium term, consistent with its primary objective to promote price stability.” In July, the BSP tightened its monetary policy via an off-cycle hike of 75 basis points. A month after, in its scheduled meeting in August, it unleashed a fresh 50 basis point hike in its main benchmark rates. The BSP said while the August inflation remains elevated, it is still within the level of their expectation for the month. “The August 2022 inflation outturn of 6.3 percent is within the BSP’s forecast range of 5.9 to 6.7 percent, consistent with the BSP’s assessment of elevated price pressures over the near term due to broadening price pressures. The uptick in inflation remains supplydriven, but signs of broadening price pressures are also being noted,” the Central Bank said. With the latest development, the BSP said its baseline projections continue to indicate above-target inflation in 2022, with inflation de celerating back to the target in 2023 and 2024 following the recent BSP policy rate hikes. “At the same time, upside risks continue to dominate the inflation outlook in the near term due to the potential impact of higher global non-oil prices, the continued shortage in domestic fish supply, the sharp increase in the price of sugar, as well as pending petitions for transport fare increases,” the Central Bank said. “Meanwhile, the impact of a weaker-than-expected global economic recovery as well as the resurgence of local Covid-19 infections are the main downside risks to the outlook,” it added.
The report said the Philippines needs to increase its investment on social protection schemes to 4 percent of GDP to halve poverty.
Unescap, citing data from the Asian Development Bank (ADB), said the social protection package in the Philippines should increase to 2.73 percent of GDP in 2024; 3.31 percent in 2025; 3.81 percent in 2026; 4.17 percent in 2027; 4.22 percent in 2028; 4.07 percent in 2029; and 3.93 percent in 2030. Based on ADB data, the social protection package in the Philip pines is at 2.1 percent of GDP in 2021; 2.16 percent in 2022; and is expected to reach 2.18 percent in 2023.
“Contrary to common assumptions, the cost of such a system is affordable. Independent cost estimations by ADB, ESCAP and ILO [International Labor Organization]are all within the annual range of 2 to 6.1 per cent of GDP, depending on the size of the benefits, the country’s ambition, demographic situation and other variables,” Unescap said.
BusinessMirrorWednesday, September 7, 2022 www.businessmirror.com.phA2 BSP. . . Continued from A1 Unescap. . . Continued from A1 ‘FIRB stand vs Peza’s WFH extension dampens business’
Decent work is necessary to ensure an adequate standard of liv ing, reduces poverty and inequality, protects people from life cycle contingencies and promotes inclusive growth, Unescap said. It is through well-functioning labor markets that the benefits of eco nomic growth can spread to the whole population.
By Andrea E. San Juan T HE IT and Business Process Association of the Philippines (IBPAP) disputed the Fiscal Incentives Review Board’s [FIRB] claim that the extension of the workfrom-home (WFH) set-up has no legal basis, saying it is “inconsistent” with the objective of attracting investors in the“Thecountry.Fiscal Incentives Review Board’s (FIRB) dismissal of the col lective wisdom of all these parties, who are advocating continued WFH/ hybrid work beyond [business conti nuity plans] BCP and the pandemic, by citing that it has no legal basis by virtue of the [Corporate Recovery and Tax Incentives for Enterprises] CREATE Law, is short-sighted and inconsistent with the objective of at tracting and retaining investors in the country’s biggest job-generating industry and contributor of foreign exchange revenue,” IBPAP President and CEO Jack Madrid said in a state ment on MadridTuesday. saidthe flagship organiza tion of the Information Technology and Business Process Management (IT-BPM) industry stands by the Philippine Economic Zone Author ity (PEZA) and its power to enable hybrid work for registered business enterprises (RBEs). “This long-standing policy is irre futable legal basis for the continuance of the 30-percent work-from-home (WFH) arrangement for IT-BPM com panies; and the provisions of the PEZA law, which grant the agency authority to oversee the operations of its RBEs, have not been amended based on the opinion of PEZA and other lawyers,” MadridMadridasserted. said IBPAP’s push to have WFH/hybrid work set-up goes beyond business continuity plans (BCPs) related to the Covid-19 pan demic. “This is more to adopt to global work trends for business flex ibility that investors look for and to strengthen our country’s competi tiveness in retaining existing and attracting new IT-BPM investors.”
The IBPAP chief said this has been explained to their partners in govern ment, including leaders of key Execu tive departments and some senators. Madrid said IBPAP members believe they have been “well-understood” and “supported.” Thefactthat there’s clamor for and an overwhelming preference for WFH/hybrid work expressed by employees should make the govern ment’s decision to consider allowing work setup even more compelling, Madrid added. The IBPAP chief said the longstanding standoff with the FIRB and its “very public exchanges” with PEZA in relation to the WFH/hybrid work is “not only detrimental to our narrative of industry agility, innovation and re silience, but also to our positioning of the Philippines as the IT-BPM invest ment destination of choice.” Madrid said this has “detracted” the organization from what’s truly important—generating more employment and more foreign exchange revenue for the country. In addition, this has been a recurring problem that has “negatively impacted” the ease of doing business in the country, as well as the con fidence level of IBPAP’s principals and potential clients. Still, considering that the issue is between and among government agen cies, Madrid said IBPAP hopes that the FIRB resolves this internally so as not to give investors the impression of an “unstable policy environment,” which he said affects the country’s image. In fact, the IBPAP chief under scored that if this continues, the IT-BPM sector’s potential to provide 1.1 million new jobs by 2028 will be “seriously imperiled.” Madrid is urging FIRB to explore all possible means by which it can support the continued growth of the industry, noting the sector’s contri bution to the retention and creation of jobs, the generation of significant forex revenue in the two years of the pandemic, including how the industry fuels the recovery and growth of other major“Withindustries.whatis at stake given the resounding support from many of our legislators in Congress and from the heads of several Executive Agencies, the FIRB’s continuing ‘no legal basis’ hardline stance and the penalizing of investors and IT-BPM companies for implementing WFH/hybrid work ar rangements is perplexing to us,” the IBPAP chief stressed. “We echo the call of the honorable Senator Grace Poe for the govern ment to ‘think outside the cubicle’ to prevent excessive bureaucracy from choking out innovation and damag ing the image of the Philippines as a progressive and viable investment location,” said Madrid.
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FIRB stand IN a statement last week, FIRB said PEZA’s deci sion to extend WFH arrangements for the IT-BPM sector until March 2023 “lacks legal basis.” IBPAP members were earlier told by PEZA that they can extend WFH arrangements until March 2023. However, the FIRB clarified that the exten sion of the WFH arrangement of the sector is “still up for discussion.”
The BSP said in its statement that it will continue to “carefully moni tor and assess” pertinent economic developments that could affect the price dynamics and growth prospects of the country. “The Monetary Board will update its assessment of the macroeco nomic outlook as well as conduct its review of the monetary policy stance on September 22, 2022,” the BSP said. such as reducing food intake and selling productive assets, are avoided in the event of job loss or sickness.
August 2022. Education services have a weight of 1.9 percent in the CPI. “[This increase is because of] tuition [specifically] tertiary education [and] early childhood and primary education.” Restaurant and accommodation services also posted an increase in inflation of 4.1 percent. This, Mapa said, is composed of meals consumed outside of the home and accounts for 9.6 percent of theThis,CPI.he said, reflects the price adjustments made by cafeterias, carinderias, and restaurants in light of recent developments. Mapa added that core inflation, which ex cludes volatile food and energy items that are in the headline inflation, also stood at 4.6 percent in August 2022. Core inflation was at 3.9 percent in July 2022 and 2.8 percent in August last year.
The 6.3 percent in August is slower compared to July’s 6.4 percent but remained higher than the 4.4 percent posted in August 2021.
What it will take INVESTMENTS in social protection, the report stressed, will ensure that countries have a healthy, protected and productive workforce which is necessary in the achievement of the United Nations 2030 Agenda for Sustainable Development.
Subsidies worked THE National Economic and Development Author ity (Neda) traced the slowdown in August inflation mainly to the government’s subsidy programs and its interventions to transform the country’s farm ing and food systems to ease the impact of global inflationary pressures and protect the purchasing power of InflationFilipinos.offood and non-alcoholic beverages was partly offset by the slower inflation of meat, fish, and vegetables due to the various govern ment interventions including improvements in local pork production and timely arrival of im ported“Recoverypork. is uneven within countries and across countries, and this results in very inefficient sup ply chains. This is expected to be temporary as markets transition to find the new balance be tween supply and demand. The situation is made worse by the protracted Russia-Ukraine war, and the country’s weather disturbances particularly La Niña. These serve to magnify the low produc tivity in our agricultural sector, which needs to be supported immediately,” Socioeconomic Plan ning Secretary Arsenio M. Balisacan explained. “It is our top priority to ensure that Filipino households have sufficient and healthy food on their table, especially the poorer sector of the society. We will continue implementing programs that reduce transport and logistics costs to bring inflation down and to protect the purchasing power of our consumers. Most importantly, it is imperative to transform Philippine agriculture into a dynamic and productive sector to speed up our recovery and significantly reduce poverty in the country,” he added. To boost domestic supply, the government will continue to support agriculture through lower input costs, innovation in farming, extension of financial assistance to farmers, and boosting the agricultural value chain. “In the short-term, we need to boost our recov ery momentum, while making sure that the most disadvantaged sectors of the country are assisted. Simultaneously, we need to invest in medium-term solutions to improve productivity, especially in agriculture, and build resilience among consum ers and producers,” Balisacan added. Neda said, however, that the global oil outlook remained uncertain amid the slowdown in major economies and other geopolitical risks. To temper the effect of high fuel prices, the government is providing fuel discounts to farmers and fisherfolk. More than 158,000 eligible farm ers and fisherfolk are each set to receive P3,000 as fuel discounts to help cushion the impact of higher fuel prices. As of August 17, 2022, a total of 131,145 ac counts for target beneficiaries have been created nationwide, 120,827 accounts of which were loaded with fuel discounts and 42,084 cards distributed to corn farmers and fisherfolk. The Department of Budget and Management has approved the release of P1.4 billion additional funds to support the extension of the Libreng Sakay Program for passengers of the EDSA Bus Carousel until yearend. This will support up to 50 million riders, including workers and students who are back to face-to-face schooling. U. Ordinario
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the Development Budget Coordination Committee (DBCC) pro jected range for this year. “Inflation is still expected to remain elevated for the rest of 2022, peaking in Q3 but slower in Q4, but is seen to fall within the 4.5-5.5 percent DBCC assumption for 2022,” he said in a tweet on Tuesday following the Philippine Statistics Authority’s (PSA) report on the August inflation.
Implementing a comprehensive and universal social protection scheme would make the single-digit poverty rate a reality in the Philippines, it added.
IN a press statement on Tuesday, Press secretary Beatrix “Trixie” Cruz-Angeles disclosed that among the agreements signed during the Jakarta Business Roundtable Meeting last Monday were the $822 million in investments to textiles, garments, renewable energy, satellite gateway, wire global technology, andAagrifood.lsosigned was the $7-billion infrastructure for unsolicited public-private partnerships (PPPs) such as a C-5 4-level elevated expressway as well as the $662 million trade value for supply of coal and fertilizer. We anticipate that these will generate at least 7,000 new jobs,” Angeles said. D uring the meeting, Marcos said he also encouraged Indonesian businessmen to consider PPPs with the Philippine government or to have joint ventures with local businesses. Theyallcommitted.... Many of them are already actually involved in the Philippines. So they said they will be just expanding their involvement. They want to expand,” Marcos said.
Jovee Marie N. Dela Cruz
Recto bares ‘deep, none superficial’ budget cuts for 4 specialty hospitals
MAYOR Crisostomo Garbo meets with relatives of men who were abducted in Dau, Mabalacat City, last August 21. Garbo has ordered the local police to intensify probe and search of the missing individuals. MABALACAT CIO PHOTO importation of more commodities for the country’s agricultural and energyWeneeds. talked about the possibility of them supplying us with fertilizer, with Urea of Indonesia. Increasing its trade also for our energy because much of our coal comes from Indonesia,” Marcos said in a press conference prior to his flight to Singapore, the second of his two State visits in Asean.Based on data from the Department of Trade and Industry (DTI), the country’s trade deficit with Indonesia was at $7.53 billion. Of the country’s total trade with Indonesia in 2021, $8.4 billion were imports, while only $867.7 million were exports. Trade imbalance MARCOS said he wants to eventually increase the country’s exports to Indonesia. “ The trade between Indonesia and the Philippines increased by 50 percent in ’21. ‘Although there’s a trade imbalance really between Indonesia and the Philippines. So I said we should find ways to turn that around,” Marcos said. T he President is eyeing the recent “significant” trade agreements, which he secured during his recently concluded three-day State Visit in Indonesia, to help address the so-called trade imbalance.
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“Such a framework would also en able the Philippines and Indonesia to collaborate in capacity building to address shared concerns, particu larly in the Southeast Asian region,” Andolong said. In Pasay City, the Philippine Army (PA) and US Army Pacific (USARPAC) began their weeklong planning conference for the 2023 iteration of “Salaknib,” an annual exercise involving both armies. “Training has always been a vital tool for both the Philippine Army and the United States Army Pacific to enhance defense readiness and strengthen interoperability, while simultaneously bolstering bilateral relationships,” Army Deputy Assis tant Chief of Staff for Education and Training (DG8) Col. Emmanuel Ca basan said in his welcome remarks. Both forces will conduct Salaknib in two phases in various sites in Cen tral and Northern Luzon next year.
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the public to help locate the missing men and report any information to theHpolice.esaid that city police must con tinue tapping other police stations in the province and other law enforce ment agencies for any information that could lead to the whereabouts of the missing individuals. Mabalacat PNP has issued a flash alarm and declared Mendoza missing after his family reported the abduc tion to the local police on August 24. A ny information on the miss ing individuals can be relayed to 0927-2544990.
By Rene Acosta @reneacostaBM THE commandant of the United States Marine Corps visited Camp Aguinaldo on Monday as the US continues to assure its support to its ally while working to further strengthen defense and security rela tions with the country amid Manila’s maritime territorial issue with China. General David H. Burger made a courtesy call on the Armed Forces of the Philippines Deputy Chief of Staff Vice Admiral Rommel Antho ny SD Reyes where both discussed bilateral activities, cooperation and regional security issues. “Both sides expressed the signifi cance of nurturing the long-standing alliance and relationship between the Philippines and the United States to anticipate and address ongoing chal lenges in maritime defense security in the region and strengthen military interoperability between both coun tries,” said military public informa tion office chief Col. Jorry Baclor. The two military officials also cited the two countries’ cooperation and partnership in various military training and exercises, including the annual Balikatan war drill. In Indonesia, Department of National Defense Officer in Charge Jose Faustino Jr. and Indonesian Defense Minister Prabowo Subianto renewed the agreement between the Philippines and Indonesia on Cooperative Activities in the Field of Defense and Security. The arrangement was among the bilateral agreements signed on the sidelines of the State Visit of President Ferdinand R. Marcos Jr. to Indonesia.Defense spokesman Arsenio “Popong” Andolong said the agree ment reaffirmed the commitment of both countries under the 1997 Defense Cooperation Agreement and complemented the 1975 Border Patrol and Crossing Agreements be tween the Philippines and Indonesia.
US Marine chief affirms
CITY—Mayor Crisostomo Garbo has as sured the relatives of five abducted individuals in Barangay Dau here of the city’s assistance in finding the whereabouts of their missing loved ones. Garbo, on Tuesday met with par ents and relatives of the missing men identified as Finest Nathaniel Men doza, 37; Nomer Gonzales, 59; Jon jon Flores, 28; Alexander Euperio, 45; and, one identified only as “Warlie.” Mendoza, Gonzales and Flores are all from this city while Euperio is from nearby Angeles City. They were reportedly forcibly taken by armed men in civilian clothing at the Pineda Compound in Barangay Dau last August 21, 2022. Mayor Garbo said that regardless of the reason behind their disappear ance, justice must prevail and that they must be found. Huwag po masyado mag-alala. Ang pamahalaan po ng Mabalacat ay nasa likod ninyo at hindi po tayo titigil sa paghahanap,” Garbo told relatives. Garbo ordered local police to in tensify search and has also called on
The renewal of the agreement provided a framework for coopera tion between the two defense estab lishments and “aims to enhance the longstanding defense cooperation between the two countries.”
“Or they might have missed the line in PBBM’s Budget Message where he again reiterated this dream,” he said. Somebody probably did not get the memo,” said Recto, who believes that Malacañang vetting probably missed this fine print in the “3,842page, three-volume” proposed na tional budget. R ecto said the four hospitals should be “spared of budget cuts, not because these are legacy institutions close to the President’s heart as they were built by his parents, but because these are excellent hospitals our people have come to value.” Recto said, “The budgeting phi losophy we should follow is that frontline hospitals, Heart Center man yan o district hospital, should be off-limits to budgetary scalpels.” R ecto said proponents of said budgetary support levels “will prob ably justify their move by saying that previous augmentations done by Congress were for one-time equip ment purchases, and therefore not automatically rolled over to the next fiscal year.” B ut these hospitals should al ways be expanded and improved as their patient intake is growing every year, Recto said. “There is no pause button in hospital improve ment,” he stressed. Waiting period at the Heart Cen ter for indigent patients in need of the procedure now stretches to months, Recto said.
By Samuel P. Medenilla @sam_medenilla DESPITE the recent decline in Covid-19 cases, the De partment of Labor and Em ployment (DOLE) remains wary of a potential spread of infection in workplaces. Tominimize such risk, Labor and Employment Secretary Bi envenido E. Laguesma issued on Tuesday Labor Advisory (LA) No. 18, reminding the private sector to continue complying with minimum health said. latestforResponsetion,lines2022-0013HealthshallThestandards. coveredestablishmentscomplywithDepartmentof[DOH]MemorandumNo.ortheUpdatedGuideontheQuarantine,IsolaandTestingforCovid-19andCaseManagementtheOmicronVariant,andtheDOHissuances,”LaguesmaLikewise,hesaidthesaidestablishmentsshouldalsopracticeworkplacedetectionstrategiesasstipulatedinDOHAdministrativeOrder(AD)No.2021-0043ortheOmnibusGuidelinesontheMinimumPublicHealthStandardsfortheSafeReopeningofInstitutions.Employersshouldalsofollow the Guidelines on the Nationwide Implementation of Alert Level System for Covid-19 Response and the DOLE Department Or der No. 224, Series of 2021, or the Guidelines on Ventilation for Workplaces and Public Transport to Prevent and Control the Spread of Covid-19.Incasethere will be a Covid-19 infection in an establishment, Laguesma said the Safety Office of the said firm should report the inci dent to the concerned local govern ment unit and DOH. H e said Covid patients and those who have close contact with them should also be included in the Employers Work Accident/Illness Report (WAIR), which will be sub mitted to DOLE. T he labor official stressed that all of the Covid-related policies of a company for testing, quaran tine, and isolation response must be aligned with the said govern ment policies. In its web site, DOH reported the number of daily average Covid-19 infections last Monday slightly dropped to 2,321 compared to the 2.449 from August 29 to September 4, 2022. DOH, however, noted the lower cases may be attributed to lower number of laboratory testing.
Around 2,200 Filipino and Ameri can servicemen trained side-by-side during the previous iteration of Sal aknib, which focused on capability development of the Army’s 1st Bri gade Combat Team. Also on Monday, Army and the Australian Defence Force con cluded their month-long “Exercise Carabaroo” that bolstered the par ticipating units’ combined arms ca pabilities in Darwin, Australia. Army spokesman Col. Xerxes Trinidad said more than 150 troops from the 1st Brigade Combat Team, First Scout Ranger Regiment, and Special Forces Regiment (Airborne) and their Australian counterparts trained alongside US Marine Corps during the exercise. Army chief Lt. Gen. Romeo Brawner Jr. during the courtesy call of Australian Ambassador Steven J. Robison AO four months ago reit erated the Army’s commitment to sustain its comprehensive and fruit ful engagement with the Australian Defence Force through the conduct of regular training exercises. Meanwhile, the Philippine Navy christened on Tuesday its two Israe li-supplied Fast Attack Interdiction Craft-Missile (FAIC-M) where Vice Admiral Adeluis Bordado called for more anti-submarine helicopters for the Navy. The two fast patrol craft were named as BRP Nestor Acero (PG-901) and BRP Lolinato To-Ong (PG-902), which formed part of the first deliv ery of a total of nine FAICs that are being procured from Israel. The Navy already has two Agus taWestland AW-159 anti-submarine helicopters, which are operating out of its two brand-new frigates, BRP Jose Rizal and BRP Antonio Luna, but Bordado said they need at least two more, given that they are acquiring two corvettes. strong PHL-US military ties amid China territorial tiff
A DEPUTY speaker on Tuesday revealed that four specialty hospitals are facing “deep and none superficial” budget cuts next year. But Deputy Speaker and Batangas Rep. Ralph G. Recto assured that “if the past will be the guide,” the recom mended budgetary subsidies for the Lung Center of the Philippines (LCP), the Philippine Heart Center (PHC), the National Kidney and Transplant Institute (NKTI), and the Philippine Children’s Medical Center (PCMC) in the proposed 2023 national budget will be restored by Congress.
The yearly ritual is that those tasked to prepare the national budget will propose an amount lower than the current year’s, and then both chambers restore the cuts or even increase the subsidy,” Recto said. Based on their charters, the law maker said, the four are classified as government corporations, and as such, their appropriations in the national budget are officially called “budgetary support.” B udgetary support forms part of a recipient agency’s annual op erating budget, subject to restric tions, foremost of which is that it cannot be used for salaries, which must be funded out of operating income, he added. Recto said from P684 million in the 2022 General Appropriations Act (GAA), the proposed budgetary sub sidy for the LCP would be trimmed by P53.7 million to P630.2 million. He said the amount for the PHC will be slashed by P121 million, from P1.88 billion in this year’s GAA to P1.76 billion in the 2023 National Expenditure Program or NEP, which serves as the draft national budget. But Recto said it is NKTI, which is threatened with the deepest cut of P362 million—its subsidy down to P1.15 billion in the 2023 NEP, from P1.5 billion in the 2022 GAA. A lso facing substantial subsidy reduction is PCMC, Recto said, from P1.5 billion to P1.15 billion, or a P344 billion cutback. Recto said those who recommend ed the cut in the subsidy for the four Quezon City neighboring hospitals “may have slept through PBBM’s [President Ferdinand R. Marcos] Sona [State of the Nation Address] wherein he hailed the four as worthy of repli cation in regional centers.”
Editor: Vittorio V. Vitug • Wednesday, September 7, 2022 A3BusinessMirror The Nation
T HE Department of Justice (DOJ) is set to endorse to the Palace the names of some 300 persons deprived of liberty (PDLs) who are eligible for executive clemency. DOJspokesman Jose Dominic Clavano said the list would be submitted in time with President Ferdinand “Bongbong” R. Marcos Jr.’s 65th birthday celebration on September 13. We usually do this on Christmas, so every Christmas we have a list of PDLs being submitted to the Office of the Executive Secretary so they can afford this executive clemency this year. At least in this administration, what we will do is submit the list on his birthday, which is September 13 next week,” Clavano said. T he list, which initially came from the Board of Pardons and Parole (BPP), is now being finalized by Justice Undersecretary Deo Marco. C lavano said it would be up to the Office of the President and the Office of the Executive Secretary to choose who among those in the list are qualified for executive clemency. “I am sure there will be a screening process and then hopefully on his birthday he [the President] would be able to sign the executive clemency,” Clavano added. Hestressed that the 300 PDLs are up for consideration for either commutation of sentence, conditional pardon or absolute pardon. Clavano also expressed optimism that the release of all of the 300 PDLs or some of them would help in the bid of the justice department to decongest the NBP and other prison facilities. When we talk about decongestion, the 300 will help of course with the decongestion. We are again at 330 percent congestion rate at the NBP and we are hoping that these 300 will at least contribute to the decongestion of the NBP,” the DOJ official stressed. C lavano, however, could not say whether the list would include high-profile inmates as he has yet to see the list.
Garbo
300 PDLs up for clemency on 65thPBBM’sbirthday
By Joel R. San Juan @jrsanjuan1573
DOLE keeps tight watch on potential Covid infection spread in workplaces vows no letup in search for 5 abduction victims in Mabalacat City
We had two business meetings during this trip here in Jakarta and in those meetings, there were those [agreements] which were signed or are still being finalized. I mean you know, MOUs (memorandum of understanding) and LOIs (letter of intent) are only the beginning of these things. But we are determined that it will not end there,” Marcos said.
Signed agreements
A4 BusinessMirror www.businessmirror.com.ph Economy Wednesday, September 7, 2022 • Editor: Vittorio V. Vitug
VisMin grid interconnection project done by Oct–Lotilla New House bill protects rights of freelancers in ‘gig economy’
By Jovee Marie N. Dela Cruz @joveemarie L AWMAKERS are calling for the swift approval of a measure that aims to safeguard the rights of freelance workers, whose numbers are expected to grow exponentially as the country transi tions to a digital economy. Davao City First District Rep. Paolo Duterte and Benguet Rep. Eric Yap filed House Bill 3738 that seeks to make writ ten contracts mandatory in obtaining the services of freelancers, along with provid ing them with night differential and hazard pay when applicable. T he lawmakers said independent es timates show that there are about 1.5 million to 2 million Filipino freelancers in the country. “Freelancers mostly belong to what we now call the ‘gig economy’ and have risen in numbers especially during the pandemic. Despite contributing significantly to the country’s economic growth, they remain vulnerable to abuse and exploitation,” Duterte said. “ With their numbers expected to grow even more as we shift to a digital economy, we need an enabling law to protect their rights and welfare,” he added. D uterte and Yap filed HB 3738 with ACT-CIS Party-list Reps. Edvic Yap and Jeffrey Soriano. A ccording to the lawmakers, the Phil ippines ranks 6th among countries with the fastest growing market for freelanc ers, according to the 2019 Global Gig Economy Index of the financial services provider Payoneer. Payoneer said this growth has con tributed to a 35-percent rise in freelance earnings. Afreelance worker is defined under HB 3738 as a person “whether incorporated under the Securities and Exchange Com mission [SEC], registered as a sole propri etor under the Department of Trade and Industry [DTI], or registered as self-em ployed with the Bureau of Internal Revenue [BIR], who is hired or retained to provide services, in exchange for compensation, as an independent contractor to do work ac cording to one’s own methods and without being subjected to the control of the hiring party, except only as to the results of the work [done].” Written contracts made mandatory under the bill in hiring freelancers shall include 1) the itemization of all services to be provided; 2) details of compensa tion and other benefits, including rate, method and schedule of payment; 3) period of employment; 4) grounds for breach of contract on the part of both the hiring party and the freelancer; and 5) the tax identification number (TIN) of theThefreelancer. billalsostates that ‘no modifica tion of the terms of the contract shall be enforceable unless signed by both the hir ing party and the freelance worker,’” Yap added. Italso provides for the grant of night shift differential pay of not less than 10 percent of the freelance worker’s regular compensation for those who are required to be physically present in the workplace or those on field assignments for each hour of work performed between 10:00 p.m. and 6:00 a.m., “unless there is a more favorable fee stipulated” in the contract. The bill also encourages freelancers to register with the BIR and file and pay taxes. Freelancers are covered by the tax relief provisions under the Tax Reform for Ac celeration and Inclusion [TRAIN] law and the Barangay Micro Business Enterprises Act, the bill, likewise, states,” Yap added. Under the measure, freelance workers assigned to dangerous locations are also en titled to hazard pay equivalent to at least 25 percent of their total payment for the period of their deployment to such areas. Dangerous areas identified under the bill include “strife-torn or embattled lo cations, distressed or isolated stations, prison camps, mental hospitals, radiationexposed clinics, laboratories or diseaseinfested areas, or in areas declared under a state of calamity or emergency.” Complaints about any violation of the bill’s provisions may be filed with the Department of Labor and Employment (DOLE) through the Undersecretary for Workers with Special Concerns. To ensure that freelancers receive just compensation for services rendered, the bill makes it unlawful for a hiring party to pay them later than 15 days after the stated payment date in their contracts; or require them to accept less than the specified contract price as condition to receive compensation. It is also unlawful to commit any form of retaliation arising from the acts of freelancers meant to protect their rights as workers. Theseunlawful practices are penalized with a fine of not less than P50,000 but not more than P500,000 under the bill. T he top 3 freelance jobs Filipinos take are in sales and marketing (32 percent), customer service (21 percent), and data entry/internet research (20 percent), ac cording to a joint survey done by Payoneer and mobile wallet GCash. T he rise of social media has also paved the way for freelancers in creative/media graphic design (7 percent), the survey re sults show. Key issues and concerns that freelanc ers face include lack of company-sponsored benefits (37 percent), uncertainty about future income (29 percent), and isolation from working alone (23 percent), the sur veySfound. imilarmeasures protecting the rights and welfare of freelance workers were filed in the previous Congress.
By Lenie Lectura @llectura THE P52-billion interconnection project that will link the Visayas and Mindan ao grids has been targeted for comple tion by October this year, according to Energy Secretary Raphael Lotilla. “ The original plan was for this to be com pleted in 2020 but because of the pandemic and other reasons it has been moved with a revised completion target of October 2022,” he said during the Senate Energy Committee hearing on Tuesday morning. “But so far, as of June 2022, 65 percent has only been completed,” added Lotilla. T he National Grid Corporation of the Philippines (NGCP) said in June that it has completed key components of the Mindan ao-Visayas Interconnection Project (MVIP), paving the way for its completion. A mong these include the Santander and Dapitan cable terminal stations, the 350 kiloVolt (kV) submarine cable, and the LalaAurora 138kV transmission line. NGCP has already completed the con struction of the Cable Terminal Stations (CTS) in Santander, Cebu and Dapitan, Zamboanga del Norte, as well as instal lation of two 92-kilometer 350kV high voltage direct current (HVDC) power cables and two 92-km fiber optic cables. The grid operator also successfully energized the Lala-Aurora 138kV trans mission line. This MVIP component, on its own, will improve the reliability of power transmission services between Lanao del Norte and provinces in the Zamboanga Peninsula. “NGCP is happy to report that these critical MVIP components are now com plete and ready for energization. We hoped this would finish on time, but factors be yond our control required an adjustment to our project timeline,” the company said. “We are working double-time to com plete the overhead transmission line portions and advance the project to its commissioning stage to connect the Lu zon, Visayas, and Mindanao grids,” the company Throughadded.the MVIP, the Mindanao grid will be linked to the Visayas grid via an HVDC system with a 450-megawatt (MW) initialLotilla,capacity. during the Senate hearing, also in formed lawmakers that it has asked the NGCP to complete the Bataan-Hermosa transmis sion line. “The NGCP, as far as Luzon is con cerned, we are asking them to complete as scheduled this particular line because there is at least around 400 MW, which is stranded for as long as this is not completed,” the en ergy chief said. He also informed the committee about the 474 MW stranded capacity in Luzon brought about by transmission line constraints from the power plants in Bataan to the load center in Metro However,Manila.this could be addressed imme diately through the improvement of system operations to maximize available plants, NGCP’s timely completion of transmission projects by December this year, and identifica tion of specific segments where government is the reason for the delay and provision of necessary intervention. For the Visayas grid, Lotilla said there would be additional capacity that will free up capacity from Negros and Panay to the rest of Cebu once the following projects are completed: Stage 1 (Negros-Cebu interim) by December this year, Stage 2 (Cebu upgrad ing) by October this year; and Stage 3 (CebuNegros-Panay) by June 2023.
“Differently stated, as the matter of wheth er to prosecute or not is purely discretionary on his part, courts cannot compel a public pros ecutor to file the corresponding information, upon a complaint, where he finds the evidence before him insufficient to warrant the filing of an action in court,” it added. Furthermore, the CA stressed that there was no grave abuse of discretion on the part of the prosecution in amending the informa tion it filed and excluded Ragos as one of the respondents in one of the illegal drug cases against the former senator.
By Joel R. San Juan @jrsanjuan1573
Andrea San Juan By Andrea San Juan AMID the reported rise in the price of goods and commodities, the Department of Trade and Industry (DTI) is urging supermarkets to carry stock keeping units (SKU) listed in the suggested retail price (SRP) bulletin to provide consumers with a wide range of choices.
I n July, Tulfo announced that some 1.3 million 4Ps beneficiaries would be delisted from the program supposedly for being assessed as nonpoor, following instructions from President Ferdinand R. Marcos Jr. to clean the list. Moreover, Tulfo said, the DSWD is still conducting further validation of the lists.
D uring the budget briefing of the DSWD before the House Com mittee on Appropriations, DSWD Secretary Erwin Tulfo said lawmak ers and beneficiaries complained about the delisting amid the Co vid-19Wepandemic.haveidentified around 4.5 million beneficiaries and we have identified that around 1.3 million Filipinos are non-poor anymore. However, lawmakers and beneficia ries nagreklamo kasi nagka -pandem ic. Wala naman sigurong yumaman during the pandemic,” Tulfo added. To make sure that no poor house hold will be delisted, I called for a meeting with 4Ps groups and I met them three weeks ago. And around 30 percent to 40 percent of 1.3 million non-poor households may remain as 4Ps beneficiaries,” he said.
Zubiri manifested that he does not believe that the idea of a 600,000 MT volume of sugar imports came from the President nor the ES. He wondered how the President can pro pose an import volume of 600,000 MT if the chief executive had rejected the SRA board’s proposal of 300,000 MT. With all due respect to our dear President, he said 600,000 MT and I told him that Mr. President, it may be too much,” Serafica said. “ The President rejected 300,000 MT, what more is 600,000 MT? I do not believe that the President has said that. You better clarify Mr. Serafica, you are very close to being cited for contempt,” Zubiri rebutted. Rodriguez emphasized that the President never floated an import volume in previous meetings with SRA officials. Rodriguez ar gued that if Marcos was not even convinced of the 300,000-MT import proposal then why would the chief executive propose the importation of 600,000 MT? “I categorically deny that there was an instruction from the President to even con sider or to import 600,000 MT. There is no such pronouncement or orders from the President,” he said.
Ex-SRA chief’s ‘600K MT sugar import’ float stirs Senate hearing continued from a18 CA junks De Lima plea to include Ragos, NBP inmates T hrough its Fair Trade Enforce ment Bureau (FTEB), DTI said it has been doing rounds to keep a close watch on the price of basic necessi ties and prime commodities (BNPC), including school supplies. C onsumer Protection Group (CPG) Assistant Secretary Ann Claire C. Cabochan spearheaded the DTI monitoring teams in in specting SKUs in two supermarkets and two bookstores in Caloocan City on August 19. T he monitoring teams observed that one of the supermarkets they inspected did not carry any of the 16 SKUs of canned sardines in tomato sauce listed in the latest SRP bulletin. It would be better if the super markets carry SKUs in the SRP bul letin as it provides consumers with a wide range of quality and reasonablypriced products,” Cabochan said. T he monitoring teams also noted three of the firms they visited are compliant with the SRP bulletin re leased last August 12, while only one was issued a letter of inquiry (LOI) for a school supply item priced higher than the SRP. With this, the bureau said it had to oblige the store to submit a written explanation within 72 hours from receipt of the letter.
Wednesday, September 7, 2022 A5BusinessMirror News THE
Serafica’s ‘600,000 MT’ claim a lie UNITED Sugar Producers Federation Presi dent Manuel Lamata refuted Serafica’s recent revelations and even called the former SRA chief a “liar.” L amata, who was questioned by Tolentino regarding Serafica’s newest disclosures, re sponded that he was not aware of either an import proposal of about 600,000 MT nor an online August 4 meeting between top government officials. My best friend—Mr. Serafica—is say ing a lie. He is lying,” Lamata told lawmak ers on Tuesday. T he arguments over the “600,000-MT” claim became heated when Senate President Zubiri joined the interpellations. Zubiri accompanied Rodriguez to the pan el hearing after the latter was subpoenaed by the committee to attend the inquiry.
By Jovee Marie N. Dela Cruz @joveemarie
THE Department of Social Welfare and Development (DSWD) on Tuesday said that around 30 percent to 40 percent of the 1.3 million earlier identified as “non-poor” households are likely to remain as beneficiaries of the Pantawid Pamilyang Pilipino Pro gram (4Ps).
We will have four lists to compare including Listahanan, our municipal link, and the National Household Targeting System to make sure and have a safety net at hindi matanggal iyong tamang tao,” Tulfo added. “If we really identified them as non-poor then we will be informing them that they won’t be included any more but it will take a few months before they are delisted,” he said. B ut Tulfo assured that the DSWD has other programs for graduated 4Ps beneficiaries includ ing the Sustainable Livelihood Pro gram and Assistance to Individuals in Crisis Situations. A total of 4.5 million householdbeneficiaries are now enrolled in the 4Ps, the government’s condition al cash transfer program targeted at chronic poor families with children aged 0-14 years old. T he beneficiaries currently re ceive P500 per month for health and nutrition expenses, and P300 per month per child for 10 months for educational expenses, with a maximum of three children per household allowed. For 2023, the DSWD will receive P194.7 billion. It is lower from the P202.5 billion allocation of the agen cy for 2022. Of the agency’s P194.7 billion bud get for next year, P115 billion will go to the Pantawid Pamilyang Pilipino Program, P25 billion to Social Pen sion for Indigent Senior Citizens, P19.8 billion to protective services for individuals and families in es pecially difficult circumstances and P11 billion to Kalahi-CIDSS-NCDDP as additional funding.
www.businessmirror.com.ph Philippine Chamber of Commerce and Industry (PCCI) said it is ready to launch the first phase of its project on Satel lite Connectivity, which will set up an Internet via satellite in six geo graphically isolated and disadvan taged areas (GIDAs) in the country. In a news statement issued on Tuesday, PCCI said Perry A. Ferrer, Director for Innovation and Digital Economy and Science and Technol ogy reported that the chamber is ready to launch the Phase 1 of PCCI’s Proof of Concept (POC) Project on Satellite Connectivity. PCCI said the Phase 1 of the POC will set up Internet via satellite across six GIDAs in the country, divided equally among the three main islands of Luzon, Visayas, and Mindanao. In a meeting with Department of Information and Communications Technology (DICT) Secretary Ivan John Uy, PCCI President George T. Barcelon underscored the im portance of connectivity for eco nomic recovery as well as PCCI’s readiness to participate in DICT’s digital transformation and infra structure programs. PCCI is looking at enabling sat ellite connectivity to ensure that government services and social services such as education, health care and skills training will effec tively reach the unserved and un derserved areas while also facili tating economic activities in these areas,” Barcelon said. Meanwhile, PCCI said Phase 2 of the project proposes that the Philip pines will have its own satellite. Expressing his support for PCCI’s POC project, the DICT chief pointed out that a satellite dish orients itself and there’s no need for engineers to do it. Uy also noted that the deploy ment of a dish would also be quicker since no towers are needed. Further, he said the current fiber backbone is only good for highly ur banized areas. When distance is far, connectivity becomes inefficient, such as in islands like Palawan. A s for the impact of connectivity on other sectors, Uy stressed that connectivity will also benefit the education sector. He shared that the DICT is working with the De partment of Education (DepEd) for the development of online learning modules, which makes use of readily available online teaching materials done by experts. T he DICT chief said online mod ules will only need moderators or facilitators, thereby accounting for the lack of teachers and classrooms in the country. In fact, Uy added, this will help to “standardize” knowledge among urban and rural areas. U y also encouraged PCCI to promote online banking and pro vide e-commerce opportunities for rural communities, noting that most businesses were not able to transition online during the pan demic because of the cost of hiring a programmer. Moreover,Uy recommended ex tending assistance to micro, small, and medium enterprises (MSMEs) in rural areas by providing an ecommerce platform that functions like an online marketplace with a digital payment system, logistics, and sourcing. In fact, the DICT chief said, a program and database that can be used as a model can be taken from a project that DICT is developing for local government units (LGUs). However, Barcelon has expressed concern over data privacy as the “lifestyle of an individual is captured through online footprint.” To which, Uy recommended that in order to ob tain data sovereignty, a local cloud must be deployed and programs aimed at educating authorities must be enforced to avoid being vulnerable to data privacy issues. T he PCCI has been calling on the government to prioritize the passage of laws that will expand Internet coverage in rural areas and provide more connectivity choices for all Filipinos.
DTI tightens watch on SRP compliance amid reported commodity price spike
“ Even if the non-compliant firms expressed their commitment to comply, they will be issued with an LOI. Through the regular inspec tion by our price monitors, rest as sured that the DTI will act on any further noncompliance with the SRP,” Cabochan said. T he trade official highlighted the importance of adhering to the SRP bulletin as it reflects fair and honest business practice, which increases consumer confidence. Meanwhile, upon careful assess ment of the prices of bread, the moni toring teams affirmed that all of the brands are compliant with the SRP. T he DTI-FTEB weekly monitors the price and supply of basic necessi ties such as, but not limited to canned sardines, processed milk, powdered milk, coffee, bread, instant noodles, salt, detergent soap, bottled water, andPcandles. rimecommodities, on the other hand, include but are not limited to canned meat, vinegar, patis, soy sauce, toilet soap, paper, school supplies, bat teries, flour, cement, G.I. sheets, hollow blocks, construction nails, light bulbs, electrical supplies, and steel wires. Republic Act No. 7581, as amended by RA 10623, or the Price Act gives the trade department along with other implementing agencies such as the Departments of Agriculture, Health, Environment and Natural Resources and Energy, the mandate of ensuring the availability of BNPCs at reason able prices at all times, without deny ing legitimate businesses a fair return on investment.
Some ‘non-poor’ families may be saved from 4Ps delisting
THE Court of Appeals (CA) has affirmed its October 2021 decision denying the plea of detained former senator Leila de Lima to include former Bureau of Corrections (BuCor) Officer in Charge Rafael Ragos and several high-profile inmates at the New Bilibid Prisons (NBP) as accused in the illegal drug cases filed against her before the Muntinlupa courts. In a six-page resolution penned by Associ ate Justice Victoria Isabel Paredes, the CA’s Former Fifteenth Division denied De Lima’s motion for reconsideration of its October 28, 2021 decision, saying that the petitioner failed to raise new arguments that would warrant the reversal of the said ruling. T he appellate court also reiterated that it is within the discretion of the prosecution who to charge and prosecute in a criminal case. “Again, the prosecution of crimes pertains to the Executive branch of government whose principal duty is to see to it that our laws are faithfully executed. Courts are not empow ered to substitute their own judgment for that of the executive branch,” the CA said.
PCCI ready to launch satellite Internet connectivity service
The inquiry was sparked by a privilege speech by Senate President Juan Miguel Zubiri. For the record, it is only now that this 600,000 MT is being divulged and even the online meeting. You have a lot of new disclo sures Mr. Serafica, which were not present in your previous testimonies and sworn state ments,” Tolentinto said. “ This is the first time we heard about 600,000 metric tons. Why are you just dis closing this today? Why are you voluntarily disclosing it now?” Tolentino added. Tolentino said Serafica must be making the “new” revelations to “escape further scrutiny” by dragging the President’s name into the table. “This information should have been laid down as preliminaries during the first hearing,” he said. With all due respect, that was really said [by the President],” Serafica responded. Sen. Risa Hontiveros came to Serafica’s de fense, arguing that Rodriguez, who has been absent in previous blue ribbon panel hearings, should clarify concerns on the 600,000 MT import volume allegedly floated by Marcos. Serafica also revealed that there was no objection coming from Malacañang—either from Marcos or Rodriguez—regarding the 300,000 MT import proposal approved by the SRA board. “ Why this messy fiasco? When there was even no objection to the 300,000-metric ton proposal?” Hontiveros said.
A mong the key internet laws that the chamber has been pushing for is the enactment of the Satellite-based Technologies Promotion Act, which the business group said, encourages more private-sector investment in satellite Internet as a connectivity option for geographically isolated and disadvantaged areas (GIDA).
Basic Qualification: Able to speak, read and write Chinese language Salary Range: Php 30,000 - Php 59,999 26. LE CONG TUAN Vietnamese Customer Service Representative Brief Job ManagingDescription:incomingcalls and customer service inquiries
Brief Job Description: Shall answer incoming phone calls from Chinese clients and troubleshoot customer technical problems with computer software and hardware.
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ADDRESS
AMAZON OPERATION SERVICES PHILIPPINES, INC. B21 Three E-com Moa Complex, Harbour Drive Cor. Bay Shore, Brgy. 076, Pasay City 8. HOANG NGUYEN LAM Seller Onboarding Associate Brief Job CommunicatesDescription:effectively via live video call with our customer base – third party sellers who want to sell on Amazon in its various marketplaces. Reviews the seller’s identity details (information & documents) over a live video calls. Verifies ownership of the documents submitted by sellers.
Basic pressureAbilityQualification:toworkunderandmotivation to succeed in a PhpSalaryinterpersonalcommunicationacommunicationsinhaveenvironment;competitiveShouldabachelor’sdegreejournalism,marketing,orrelatedfield;GoodandskillsRange:30,000-Php59,999
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BEAUTIFUL PHILIPPINE TRAVEL AND CONSULTANCY SERVICES, INC. Unit Ug-50 Cityland Dela Rosa Condo., Dela Rosa St., Pio Del Pilar, City Of Makati 36.
CASPO INCORPORATED 43/f, 45/f, 49/f Pbcom Tower, 6795 Ayala Avenue Corner V.a. Rufino Street, Bel-air, City Of 48.Makati
50. QIAO, XUN Treasurer/ Chief Financial Officer Brief Job Description: Manage day to day financial planning and budgeting of the company; Leadership and management;
Basic Qualification: Fluent in Mandarin and English language; Regulatory and compliance knowledge; with extensive experience in related field Salary Range: Php 30,000 - Php 59,999
39. ZHAO, FEI Chinese It Support Specialist Brief Job Description: Shall answer incoming phone calls from Chinese clients and troubleshoot customer technical problems with computer software and hardware.
Basic PhpSalaryForeignQualification:languagespeaking.Range:30,000-Php59,999
12. THAE THAE AUNG Burmese Customer Service Representative Brief Job ManagingDescription:incomingcalls and customer service inquiries Basic Qualification: Able to speak, read and write Chinese language Salary Range: Php 30,000 - Php 59,999
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BusinessMirrorA6 www.businessmirror.com.phWednesday, September 7, 2022 ESTABLISHMENT
Basic Qualification: Must be fluent in Chinese language (writing and PhpSalaryspeaking)Range:30,000-Php 59,999
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ESTABLISHMENT / ADDRESS No. NAME OF FOREIGN NATIONAL , POSITION AND BRIEF DESCRIPTION QUALIFICATION AND SALARY RANGE ESTABLISHMENT / ADDRESS No. NAME OF FOREIGN NATIONAL , POSITION AND BRIEF DESCRIPTION QUALIFICATION AND SALARY RANGE / No. NAME OF FOREIGN NATIONAL , POSITION AND BRIEF DESCRIPTION QUALIFICATION AND SALARY RANGE
ALPHA CENTURY CONSULTANCY INC. Unit 215 Campos Rueda Bldg., 101 Urban Ave., Pio Del Pilar, City Of Makati 7. XIAO, QIANG Mandarin Human Resource (HR) Specialist
Basic Qualification: Able to speak, read, and write Chinese language. Salary Range: Php 30,000 - Php 59,999 29. NGUYEN DUC TIEN Vietnamese Customer Service Representative Brief Job ManagingDescription:incomingcalls and customer service inquires.
Basic Qualification: Must be fluent in Chinese language (writing and PhpSalaryspeaking)Range:30,000-Php 59,999
46. RAHMAD AL WAFI It Support Specialist Brief Job Description: Shall answer incoming phone calls from Chinese clients and troubleshoot customer technical problems with computer software and hardware.
Brief Job ResponsibleDescription:forallareas of HR for this client group, drives and supports global initiatives with team members in the Americas, Emea and Asia-pacific Basic PhpSalaryroles,experienceormaster’sinBachelor’sQualification:degreerequiredHRorrelatedfield,degreeinHRMBA,10yearsofinleadershippreferablyhr.Range:30,000-Php59,999
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CFHEC PHILIPPINES BRANCH COMPANY 3/f Salcedo One Center, 170 Salcedo St., San Lorenzo, City Of Makati 49. SHI, QISHENG Director/ Operation Manager Brief Job Description: Develop Operational plans, Implement strategies, Generate progress report, Manage day to day business of the company
13. DONG, HONGBO Chinese Customer Service Representative Brief Job ManagingDescription:incomingcalls and customer service inquires
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CLICKPLAY SPORTSGAME CORP. 3/f, #119, Dr. Lazcano St., Laging Handa, Quezon City
Basic Qualification: Able to speak, read, and write Chinese language. Salary Range: Php 30,000 - Php 59,999 21. DANG DINH LONG Vietnamese Customer Service Representative Brief Job ManagingDescription:incomingcalls and customer service inquiries Basic Qualification: Able to speak, read and write Chinese language Salary Range: Php 30,000 - Php 59,999 22. DIP NHIT PHUC Vietnamese Customer Service Representative Brief Job ManagingDescription:incomingcalls and customer service inquires.
44. HENDRI WIJAYA It Support Specialist
2. HONG, JOAN Buyer Analyst (mandarin) Brief Job Description: Perform simple to moderate transactional buying activities for a specific assigned country/ies, region or area, which includes (but not limited to) the following: managing the purchase orders process to completion; maintaining price information in the system.
Basic Qualification: Must be fluent in Chinese language (writing and PhpSalaryspeaking)Range:30,000-Php 59,999
15. LOU, CHAO Chinese Customer Service Representative Brief Job ManagingDescription:incomingcalls and customer service inquires.
Basic PreferablyQualification:6months -1-year as Visa Consultant; Fluent in Mandarin or Vietnam and English Language Salary Range: Php 30,000 - Php 59,999
Basic Qualification: Has extensive experience and good PhpSalaryorcommunicateisproceduresknowledgeworkinginoperationalandpolicies;proficientandabletoinMandarinanyChineselanguageRange:90,000-Php149,999
5. JERRY PRASETIA Indonesian Speaking Customer Service Officer Brief Job Description: Manage large amount of calls, handle customers concerns.
Basic Qualification: Must be fluent in Chinese language (writing and PhpSalaryspeaking)Range:30,000-Php 59,999
Basic Qualification: Able to speak, read, and write Chinese language. Salary Range: Php 30,000 - Php 59,999 16. DEDI HARTONO Indonesian Customer Service Representative Brief Job ManagingDescription:incomingcalls and customer service inquiries
6. MUHAMMAD REIHAN SALAFY Indonesian Speaking Customer Service Officer Brief Job Description: Manage large amount of calls, handle customers concerns.
LI, CHEN Visa ResponsibleBriefConsultantJobDescription:thatallthe information from the Chinese, Vietnamese and Taiwanese client to local documentation officer are correct Responsible to follow up local liaison officer of all immigration issues and operations remaining up to date with any changes to legislation and overseeing all the aspects involved in processing a visa and immigration services
Basic Qualification: Must be fluent in Chinese language (writing and PhpSalaryspeaking)Range:30,000-Php 59,999
Basic Qualification: Able to Speak, Read and Write Chinese Language Salary Range: Php 30,000 - Php 59,999
1. KIM, HYUNGEUN Marketing Specialist Brief Job ResponsibleDescription:forcoordinating with other marketing and sales professionals to implement innovative campaigns for branding or product launches.
CAPSLOCK INC. 7th & 8th Flr. Y Tower Bldg., Coral Way Drive Cor. Macapagal Ave., Barangay 76, Pasay City 38. LIU, SHUAIJUN Chinese It Support Specialist Brief Job Description: Shall answer incoming phone calls from Chinese clients and troubleshoot customer technical problems with computer software and hardware.
42. ItDEWINSupport Specialist Brief Job Description: Shall answer incoming phone calls from Chinese clients and troubleshoot customer technical problems with computer software and hardware.
Basic Qualification: 1 - 2 years’ experience within sourcing area or purchasing transactional activities; knowledge of erp/sap, sourcing tools and applications; knowledge in English and mandarin (writing, speaking, listening and reading are required. Salary Range: Php 30,000 - Php 59,999
Basic Qualification: Able to speak, read and write Chinese language Salary Range: Php 30,000 - Php 59,999 25. HOANG THI NGOC MAI Vietnamese Customer Service Representative Brief Job ManagingDescription:incomingcalls and customer service inquiries
Basic Qualification: Must be fluent in Chinese language (writing and PhpSalaryspeaking)Range:30,000-Php 59,999
Basic Qualification: Able to speak, read and write Chinese language Salary Range: Php 30,000 - Php 59,999 24. HOANG THI NGA Vietnamese Customer Service Representative Brief Job ManagingDescription:incomingcalls and customer service inquiries
Basic Qualification: Able to speak, read, and write Chinese language. Salary Range: Php 30,000 - Php 59,999 32. PHAM DUY TINH Vietnamese Customer Service Representative Brief Job ManagingDescription:incomingcalls and customer service inquires.
Basic PhpSalaryForeignQualification:languagespeaking.Range:30,000-Php59,999
4. JEFRY PRASETIA Indonesian Speaking Customer Service Officer Brief Job Description: Manage large amount of calls, handle customers concerns.
41. BUI THANH THUONG It Support Specialist Brief Job Description: Shall answer incoming phone calls from Chinese clients and troubleshoot customer technical problems with computer software and hardware.
47. THAM KER SHING It Support Specialist Brief Job Description: Shall answer incoming phone calls from Chinese clients and troubleshoot customer technical problems with computer software and hardware.
Basic Qualification: Able to speak, read, and write Chinese language. Salary Range: Php 30,000 - Php 59,999 19. YANTO Indonesian Customer Service Representative Brief Job ManagingDescription:incomingcalls and customer service inquiries Basic Qualification: Able to speak, read and write Chinese language Salary Range: Php 30,000 - Php 59,999 20. ONG SHIANG THIN Malaysian Customer Service Representative Brief Job ManagingDescription:incomingcalls and customer service inquires.
Basic PhpSalaryForeignQualification:languagespeaking.Range:30,000-Php59,999
Brief Job RecruitingDescription:staffswho can speak Mandarin Basic Qualification: Can speak Mandarin Salary Range: Php 30,000 - Php 59,999
3M SERVICE CENTER APAC, INC. 17th, 18th, 19th Floors, Bonifacio Stopover Corporate Center, 31st Street Cor., 2nd Avenue, Bonifacio Global City, City Of Taguig
24 INCH GAUGE CONSTRUCTION INC. L4 Blk. 4, Near Kay Buboy Bridge, San Dionisio, City Of Parañaque
Basic Qualification: Must be fluent in Chinese language (writing and PhpSalaryspeaking)Range:30,000-Php 59,999
ALDO NANDA PUTRA PRATAMA Indonesian Speaking Customer Service Officer Brief Job Description: Manage large amount of calls, handle customers concerns.
7 PRIME TECH, INC. 10/f Ewestpod, Eton Westend Square, Yakal St. Cor. Don Chino Roces Ave., San Antonio, City Of 3.Makati
Basic Qualification: Able to speak, read and write Chinese language Salary Range: Php 30,000 - Php 59,999 17. JOKO SURYANTO Indonesian Customer Service Representative Brief Job ManagingDescription:incomingcalls and customer service inquiries Basic Qualification: Able to speak, read and write Chinese language Salary Range: Php 30,000 - Php 59,999 18. MARIANA Indonesian Customer Service Representative Brief Job ManagingDescription:incomingcalls and customer service inquires.
Basic ProficientQualification:inVietnamese language Salary Range: Php 30,000 - Php 59,999
Basic Qualification: Must be fluent in Chinese language (writing and PhpSalaryspeaking)Range:30,000-Php 59,999
45. HOANG THI THANH NGA It Support Specialist Brief Job Description: Shall answer incoming phone calls from Chinese clients and troubleshoot customer technical problems with computer software and hardware.
CHIN MING SEONG Operation Analyst Brief Job ProvidingDescription:analyticaljob in actual business operation for the company and its worldwide clients
Basic PhpSalaryForeignQualification:languagespeaking.Range:30,000-Php59,999
Basic Qualification: Able to speak, read and write Chinese language Salary Range: Php 30,000 - Php 59,999 27. LE DANH Vietnamese Customer Service Representative Brief Job ManagingDescription:incomingcalls and customer service inquires.
ANOC99 CORPORATION 5/f To 10/f Ayala Malls Manila Bay Building D., Macapagal Blvd. Cor. Aseana Street, Tambo, City Of Parañaque 10. AUNG KYAW OO Burmese Customer Service Representative Brief Job ManagingDescription:incomingcalls and customer service inquiries Basic Qualification: Able to speak, read and write Chinese language Salary Range: Php 30,000 - Php 59,999 11. HSAUNG NADI MAUNG Burmese Customer Service Representative Brief Job ManagingDescription:incomingcalls and customer service inquiries
Basic Qualification: Must be fluent in Chinese language (writing and PhpSalaryspeaking)Range:30,000-Php 59,999
14. KONG, LINGBAO Chinese Customer Service Representative Brief Job ManagingDescription:incomingcalls and customer service inquires. Basic Qualification: Able to speak, read, and write Chinese language. Salary Range: Php 30,000 - Php 59,999
BRIGHTLEISURE MANAGEMENT INC. 10/f Newport Entertainment & C Newport City, Manlunas, Barangay 183, Pasay City 37. WINTERS, KEVIN JAMES Chief Data & Analytics Officer Brief Job Description: Lead the development and implementation of a data management strategy. Basic PhpSalarymanagement.dataleadershipExperienceQualification:inaseniorroleinstrategicandanalyticsRange:150,000-Php499,999
9. ROBERTS, DAVID ROBERT Senior Human Resources Manager
Basic Qualification: Able to speak, read and write Chinese language Salary Range: Php 30,000 - Php 59,999
43. DUONG THI VAN It Support Specialist Brief Job Description: Shall answer incoming phone calls from Chinese clients and troubleshoot customer technical problems with computer software and hardware.
Basic Qualification: Able to speak, read, and write Chinese language. Salary Range: Php 30,000 - Php 59,999 30. NGUYEN THI THU HOAN Vietnamese Customer Service Representative Brief Job ManagingDescription:incomingcalls and customer service inquires.
Basic Qualification: Must be fluent in Chinese language (writing and PhpSalaryspeaking)Range:30,000-Php 59,999 40. APRILIA It Support Specialist Brief Job Description: Shall answer incoming phone calls from Chinese clients and troubleshoot customer technical problems with computer software and hardware.
Basic Qualification: Able to speak and write in Vietnamese and at least college level with related BPO Salaryexperience.Range: Php 30,000 - Php 59,999 92. BUI THANH MANH Vietnamese Customer Support Representative Brief Job Description: Supports customers by providing helpful information, answering questions, and responding to complaints.
Basic Qualification: Able to Speak and Write in Vietnamese and at Least College Level With Related BPO SalaryExperienceRange: Php 30,000 - Php 59,999 94. CHAU TUAN THANH Vietnamese Customer Support Representative Brief Job Description: Supports customers by providing helpful information, answering questions, and responding to complaints Basic Qualification: Able to Speak and Write in Vietnamese and at Least College Level With Related BPO SalaryExperienceRange: Php 30,000 - Php 59,999 95. CHENG VAN ANH Vietnamese Customer Support Representative Brief Job Description: Supports customers by providing helpful information, answering questions, and responding to complaints.
OF FOREIGN NATIONAL POSITION AND BRIEF DESCRIPTION QUALIFICATION AND
Basic Qualification: Able to speak and write in Vietnamese and at least college level with related BPO Salaryexperience.Range: Php 30,000 - Php 59,999 93. BUI THI NGOC HAN Vietnamese Customer Support Representative Brief Job Description: Supports customers by providing helpful information, answering questions, and responding to complaints
Basic Qualification: With at least 6 months customer experience/goodservice in oral communication and Salarywritten.Range: Php 30,000 - Php 59,999 70. VO THI HANH Chinese Speaking Data Entry Clerk Brief Job Assist/helpDescription:customers, give customers information about product and services.
ESTABLISHMENT / No. NAME SALARY RANGE
Basic Qualification: Able to speak and write in Vietnamese and at least college level with related BPO Salaryexperience.Range: Php 30,000 - Php 59,999
ADDRESS
Basic Qualification: Able to speak and write in Vietnamese and at least college level with related BPO Salaryexperience.Range: Php 30,000 - Php 59,999
ADDRESS
51. DOAN LE DUY It Support Brief Job Description: Installing and configuring computer systems, diagnosing hardware and software faults and solving technical and applications problem
ADDRESS
101. LE MINH THU Vietnamese Customer Support Representative Brief Job Description: Supports customers by providing helpful information, answering questions, and responding to complaints
Basic Qualification: Can information,contributesideas, and research to help develop marketing strategies; can help to detail, design, and implement marketing plans for each product or service being Salaryoffered.Range: Php 30,000 - Php 59,999
Basic Qualification: With at least 6 months customer experience/goodservice in oral communication and written Salary Range: Php 30,000 - Php 59,999 79. ZENG, YUAN Chinese Speaking Program Designer Brief Job Assist/helpDescription:customers, give customers information about product and services
FUTURENET AND TECHNOLOGY CORP. 4502 The Finance Centre, 26th Street And 9th Ave., Fort Bonifacio, City Of Taguig 73. LI, HAOYANG Technical Consultant Brief Job PerformingDescription:analyseson hardware, software and network capabilities; consulting with management and other departments as required.
Basic DegreeQualification:incomputer science or information technology Salary Range: Php 30,000 - Php 59,999 53. VO THAI HIEN It Support Brief Job Description: Installing and configuring computer systems, diagnosing hardware and software faults and solving technical and applications problem Basic DegreeQualification:incomputer science or information technology Salary Range: Php 30,000 - Php 59,999 54. HOU, MI-CHEN Technical Support Brief Job Description: Installing and configuring computer systems, diagnosing hardware and software faults and solving technical and applications problem Basic DegreeQualification:incomputer science or information technology Salary Range: Php 30,000 - Php 59,999 55. NGUYEN THI HIEN Technical Support Brief Job Description: Installing and configuring computer systems, diagnosing hardware and software faults and solving technical and applications problem Basic DegreeQualification:incomputer science or information technology Salary Range: Php 30,000 - Php 59,999 56. YANG, PEI-CHIN Technical Support Brief Job Description: Installing and configuring computer systems, diagnosing hardware and software faults and solving technical and applications problem Basic DegreeQualification:incomputer science or information technology Salary Range: Php 30,000 - Php 59,999 COGNIZANT TECHNOLOGY SOLUTIONS PHILIPPINES, INC. 2nd, 3rd, And 4th Floors, Science Hub Tower 4 Bldg., Mckinley Hill Cyberpark, Fort Bonifacio, City Of Taguig 57. PALA, SRIRAM DGM - Business Solutions Brief Job Description: Manage delivery of projects and process improvement by working closely with the business stakeholders Basic Qualification: Post Graduate Diploma or Degree From Reputed Institution, 6-10 Years Overall Experience Salary Range: Php 150,000 - Php 499,999 COLLABERA TECHNOLOGIES PRIVATE LIMITED, INC. U-40 A-d, 40/f Rufino Pacific Tower, 6784 Ayala Ave., San Lorenzo, City Of Makati 58.
Basic Qualification: With at least 6 months customer experience/goodservice in oral communication and Salarywritten.Range: Php 30,000 - Php 59,999 69. DINH THI MY LINH Chinese Speaking Data Entry Clerk Brief Job Assist/helpDescription:customers, give customers information about product and services.
Basic Qualification: Able to speak and write in VIETNAMESE and at least college level with related BPO Salaryexperience.Range: Php 30,000 - Php 59,999
Basic Qualification: Able to Speak and Write in Vietnamese and at Least College Level With Related BPO SalaryExperienceRange: Php 30,000 - Php 59,999
97. HO THI CAM ANH Vietnamese Customer Support Representative Brief Job Description: Supports customers by providing helpful information, answering questions, and responding to complaints.
Basic Qualification: With at least 6 months customer experience/goodservice in oral communication and Salarywritten.Range: Php 30,000 - Php 59,999 68. ZHOU, SHUQIANG Chinese Speaking Admin Associate Brief Job Assist/helpDescription:customers, give customers information about product and services.
98. HOANG THI MAI Vietnamese Customer Support Representative Brief Job Description: Supports customers by providing helpful information, answering questions, and responding to complaints
Basic Qualification: Able to speak and write in KOREAN and at least college level with related BPO Salaryexperience.Range: Php 30,000 - Php 59,999 86. KIM, YONGWON Korean Customer Support Representative Brief Job Description: Supports customers by providing helpful information, answering questions, and responding to complaints.
Basic Qualification: Able to speak and write in Vietnamese and at least college level with related BPO Salaryexperience.Range: Php 30,000 - Php 59,999
Basic Qualification: Able to Speak and Write in Indonesian and at Least College Level With Related BPO SalaryExperienceRange: Php 30,000 - Php 59,999 85. JUNG, SEUNGJUN Korean Customer Support Representative Brief Job Description: Supports customers by providing helpful information, answering questions, and responding to complaints.
81. JULIANI Indonesian Customer Support Representative Brief Job Description: Supports customers by providing helpful information, answering questions, and responding to complaints.
Basic DegreeQualification:incomputer science or information technology Salary Range: Php 30,000 - Php 59,999 52. HSU, CHIH-WEI It Support Brief Job Description: Installing and configuring computer systems, diagnosing hardware and software faults and solving technical and applications problem
Basic Qualification: With at least 6 months customer experience/goodservice in oral communication and written Salary Range: Php 30,000 - Php 59,999 INVECH TREASURE PROCESSING CORPORATION 3rd Floor, E Six West Campus Le Grand Avenue, Mckinley West,, Fort Bonifacio, City Of Taguig
Basic CollegeQualification:graduatewith good moral and excellent verbal and written communication skills in both English and Chinese; Salarymaintenance.andoptimizationnetwork,knowledgefundamentalattelecomrolloutnetwork,workflowoperationsandRange: Php 30,000 - Php 59,999
80. JULIANA Indonesian Customer Support Representative Brief Job Description: Supports customers by providing helpful information, answering questions, and responding to complaints.
ESTABLISHMENT / No. BRIEF
Basic Qualification: With at least 6 months customer experience/goodservice in oral communication and Salarywritten.Range: Php 30,000 - Php 59,999 67. ZHANG, CHUANG Chinese Speaking Admin Associate Brief Job Assist/helpDescription:customers, give customers information about product and services.
UPADHYAYA, CHINMAYANANDA CHANDRASHEKARA Service Delivery Lead Brief Job Description: Overseas a number of key functions within the CES Department that enable the delivery of a high-quality service to end users and to ensure service support and service delivery process are in place to meet business needs.
Basic Qualification: Able to Speak and Write in Vietnamese and at Least College Level With Related BPO SalaryExperienceRange: Php 30,000 - Php 59,999
100. LE HOAI DUC Vietnamese Customer Support Representative Brief Job Description: Supports customers by providing helpful information, answering questions, and responding to complaints.
Basic Qualification: With at least 6 months customer experience/goodservice in oral communication and written Salary Range: Php 30,000 - Php 59,999 77. TEE HONG KIONG Chinese Speaking Business Development Associate Brief Job Assist/helpDescription:customers, give customers information about product and services Basic Qualification: With at least 6 months customer experience/goodservice in oral communication and written Salary Range: Php 30,000 - Php 59,999 78. WILSON Chinese Speaking Business Development Associate Brief Job Assist/helpDescription:customers, give customers information about product and services
Basic Qualification: Able to Speak and Write in Indonesian and at Least College Level With Related BPO SalaryExperienceRange: Php 30,000 - Php 59,999 83. VIALLY TAN Indonesian Customer Support Representative Brief Job Description: Supports customers by providing helpful information, answering questions, and responding to complaints Basic Qualification: Able to Speak and Write in Indonesian and at Least College Level With Related BPO SalaryExperienceRange: Php 30,000 - Php 59,999 84. YENNY CHRISTIANA Indonesian Customer Support Representative Brief Job Description: Supports customers by providing helpful information, answering questions, and responding to complaints
99. HUYNH MINH PHUONG Vietnamese Customer Support Representative Brief Job Description: Supports customers by providing helpful information, answering questions, and responding to complaints
FUWEALTH SERVICES INC. 18/f Techzone Bldg., 213 Sen. Gil Puyat Ave., San Antonio, City Of Makati 74. LONG, HANG Mandarin Speaking Customer Service Brief Job MandarinDescription:speakingcustomer service Basic SalaryservicesbyAttractsQualification:potentialcustomeransweringproductsandquestions.Range: Php 30,000 - Php 59,999 75. MOK ZEE EE Mandarin Speaking Human Resources Specialist Brief Job MandarinDescription:speakinghuman resources specialist Basic RecruitingQualification:staffwho can speak mandarin Salary Range: Php 30,000 - Php 59,999 INFOVINE INC. 9/f Y Tower, Moa Complex, Coral Way Drive Cor. Macapagal, Barangay 76, Pasay City 76. SONG, TAO Chinese Speaking Business Development Associate Brief Job Assist/helpDescription:customers, give customers information about product and services
Basic Qualification: Able to Speak and Write in Vietnamese and at Least College Level With Related BPO SalaryExperienceRange: Php 30,000 - Php 59,999
NAME OF FOREIGN NATIONAL , POSITION AND
REHMAN, SAMEER Senior Account Manager Brief Job Description: Serve as the primary relationship owner for an assigned group of top tier client accounts with responsibility for retention and growth.
JADHAV, BHAVIN ASHOKBHAI Associate Director - Talent Acquisition Brief Job ResponsibleDescription:fordelivery management on time commitment, client satisfaction, performance and feedback retrieval, development and implementation of recruitment strategies and processes across the team to keep the bar higher and higher while managing a team of recruiters on shore and offshore recruiters starting from selecting them, training and bringing them up the speed as soon as possible. Basic Qualification: Must be fluent in English and can speak Indian language. Must have at least College Degree or Masteral/Doctorate Degree. Must have experience as Recruiting Manager for 7 years in an IT/Recruitment/ Staffing Industry with Indian Clients. Salary Range: Php 60,000 - Php 89,999 59.
DESCRIPTION QUALIFICATION AND SALARY RANGE BusinessMirror A7www.businessmirror.com.ph Wednesday, September 7, 2022
Basic Qualification: Able to speak and write in MALAY and at least college level with related BPO Salaryexperience.Range: Php 30,000 - Php 59,999 88. LOI CHAN SHENG Malaysian Customer Support Representative Brief Job Description: Supports customers by providing helpful information, answering questions, and responding to complaints.
72. LIN, XINGWEI Marketing And Sales Agent Brief Job ResearchesDescription:anddevelops various marketing strategies for products and services and implements marketing plans and works to meet sales quotas
Basic Qualification: Able to speak and write in MALAY and at least college level with related BPO Salaryexperience.Range: Php 30,000 - Php 59,999 89. NG CHEH LOONG Malaysian Customer Support Representative Brief Job Description: Supports customers by providing helpful information, answering questions, and responding to complaints.
Basic Qualification: Must be fluent in English and can speak Indian language. Must have at least College Degree or above and at least 8 years of experience in the same field as service delivery lead in an IT/Recruitment/ Staffing Industry with Indian Clients. Salary Range: Php 60,000 - Php 89,999 CONDUENT BUSINESS SERVICES PHILIPPINES, INC. 7f One E-com Building, Palm Coast Avenue, Mall Of Asia Complex, Pasay City 61. ACALA, TANCHANOK PIMTHONG Customer Experience Associate Brief Job Description: Answers telephone, email, chat queries related to HR with the use of Thai language Basic Qualification: At least 2nd year college or senior high school graduate; minimum 6 months BPO experience; fluent in English and Thai language Salary Range: Php 90,000 - Php 149,999 DIGICHROM INC. Unit 2602 & 2603 26/f Pbcom Tower, 6795 Ayala Ave., Bel-air, City Of Makati 62. CHEN, SHIH-TING Mandarin Speaking Customer Service Representative Brief Job ImmediatelyDescription:escalating serious complaints or issues that you are not equipped to deal with Basic SalaryMandarinReadingProficientQualification:inSpeaking,andWritinginRange: Php 30,000 - Php 59,999 63. HA THI LE GIANG Vietnamese Speaking Customer Service Representative Brief Job ImmediatelyDescription:escalating serious complaints or issues that you are not equipped to deal with Basic SalaryVietnameseReadingProficientQualification:inSpeaking,andWritinginRange: Php 30,000 - Php 59,999 64. LAI THI QUYNH Vietnamese Speaking Customer Service Representative Brief Job ImmediatelyDescription:escalating serious complaints or issues that you are not equipped to deal with Basic SalaryVietnameseReadingProficientQualification:inSpeaking,andWritinginRange: Php 30,000 - Php 59,999 DRAGONFLY TECHNOLOGIES INC. Unit 602 6/f Itc Bldg., 337 Sen. Gil Puyat Ave., Bel-air, City Of Makati 65. WANG, CHIA-CHI Mandarin Support Specialist Brief Job PrioritizingDescription:yourworkload to ensure the most critical issues are resolved first Basic SalaryMandarinreadingProficientQualification:inspeaking,andwritinginRange: Php 30,000 - Php 59,999 DYNAMIC STUDIO TECHNOLOGY INC. 5th To 8th/f & 10th/f Platinum Tower Building, Aseana Ave. Cor. Fuentes Street, Baclaran, City Of Parañaque 66. LI, WEIPENG Chinese Speaking Admin Associate Brief Job Assist/helpDescription:customers, give customers information about product and services.
Basic Qualification: With at least 6 months customer experience/goodservice in oral communication and Salarywritten.Range: Php 30,000 - Php 59,999 EASTERN GOLD CORPORATION 503, Nueva St., Barangay 289, Binondo, City Of Manila
Basic Qualification: Able to speak and write in Vietnamese and at least college level with related BPO Salaryexperience.Range: Php 30,000 - Php 59,999 91. BUI THANH HUONG Vietnamese Customer Support Representative Brief Job Description: Supports customers by providing helpful information, answering questions, and responding to complaints.
ESTABLISHMENT / No. NAME OF FOREIGN NATIONAL , AND BRIEF QUALIFICATION AND SALARY RANGE
Basic Qualification: Able to speak and write in Indonesian and at least college level with related BPO Salaryexperience.Range: Php 30,000 - Php 59,999 82. REFERDY Indonesian Customer Support Representative Brief Job Description: Supports customers by providing helpful information, answering questions, and responding to complaints
POSITION
Basic Qualification: Able to speak and write in KOREAN and at least college level with related BPO Salaryexperience.Range: Php 30,000 - Php 59,999 87. BEH CHONG ZHI Malaysian Customer Support Representative Brief Job Description: Supports customers by providing helpful information, answering questions, and responding to complaints.
Basic Qualification: Able to speak and write in MALAY and at least college level with related BPO Salaryexperience.Range: Php 30,000 - Php 59,999 90. BUI PHI TUAN Vietnamese Customer Support Representative Brief Job Description: Supports customers by providing helpful information, answering questions, and responding to complaints.
Basic Qualification: With at least 6 months customer experience/goodservice in oral communication and Salarywritten.Range: Php 30,000 - Php 59,999 71. HEW BING SHENG Chinese Speaking Program Designer Brief Job Assist/helpDescription:customers, give customers information about product and services.
Basic Qualification: Able to speak and write in Indonesian and at least college level with related BPO Salaryexperience.Range: Php 30,000 - Php 59,999
96. DINH CONG TAI Vietnamese Customer Support Representative Brief Job Description: Supports customers by providing helpful information, answering questions, and responding to complaints.
DESCRIPTION
Basic Qualification: Must be fluent in English and can understand/speak Indian language. Must have at least College Degree. Must have at least 1 year of experience as Sr. Account Manager or Account Manager in a Staffing Industry with Indian Clients. Salary Range: Php 60,000 - Php 89,999 60.
Basic Qualification: Able to Speak, Read and Write Chinese Language Salary Range: Php 30,000 - Php 59,999
Basic Qualification: Able to speak and write in VIETNAMESE and at least college level with related BPO experience. Salary Range: Php 30,000 - Php 59,999 111. NGUYEN QUANG VINH Vietnamese Customer Support Representative
LG ELECTRONICS PHILIPPINES, INC. 15, Francisco Legaspi St., Maybunga, City Of Pasig 139.
Basic Qualification: Able to speak, read, and write Chinese language. Salary Range: Php 30,000 - Php 59,999
ESTABLISHMENT No. Wednesday, September 7, 2022
Basic Qualification: Minimum 2 years of working on international dredging projects. Fluent in English and additional points for Dutch and PhpSalaryFrench.Range:30,000-Php 59,999
Basic Qualification: Able to speak, read, and write Chinese language Salary Range: Php 30,000 - Php 59,999
156. ANDREAS Indonesian Customer Service Representative Brief Job ManagingDescription:incomingcalls and customer service inquiries
Basic Qualification: Able to speak and write in Vietnamese and at least college level with related BPO experience. Salary Range: Php 30,000 - Php 59,999 113. NGUYEN THANH NHAN Vietnamese Customer Support Representative Brief Job Description: Supports customers by providing helpful information, answering questions, and responding to complaints. Basic Qualification: Able to speak and write in Vietnamese and at least college level with related BPO experience. Salary Range: Php 30,000 - Php 59,999 114. NGUYEN THI CAM HONG Vietnamese Customer Support Representative Brief Job Description: Supports customers by providing helpful information, answering questions, and responding to complaints.
NAME OF FOREIGN NATIONAL , POSITION AND BRIEF DESCRIPTION QUALIFICATION AND SALARY RANGE BusinessMirrorA6 www.businessmirror.com.ph
Basic PhpSalaryCantonese)(Mandarin,FluentQualification:inChinesedialectFolkien,Range:30,000-Php59,999
NAME OF FOREIGN NATIONAL , POSITION AND BRIEF DESCRIPTION QUALIFICATION AND SALARY RANGE
FOREIGN NATIONAL POSITION AND BRIEF DESCRIPTION QUALIFICATION AND SALARY RANGE
LY CHANH LING Vietnamese Customer Support Representative Brief Job Description: Supports customers by providing helpful information, answering questions, and responding to complaints Basic Qualification: Able to Speak and Write in Vietnamese and at Least College Level With Related BPO Experience Salary Range: Php 30,000 - Php 59,999 109. LY THI THOM Vietnamese Customer Support Representative Brief Job Description: Supports customers by providing helpful information, answering questions, and responding to complaints Basic Qualification: Able to Speak and Write in Vietnamese and at Least College Level With Related BPO Experience Salary Range: Php 30,000 - Php 59,999 110. NGUYEN CAM TIEN Vietnamese Customer Support Representative Brief Job Description: Supports customers by providing helpful information, answering questions, and responding to complaints.
153. ZWE MIN NYO Burmese Customer Service Representative Brief Job ManagingDescription:Incomingcalls and customer service inquires.
LE QUANG HUNG Vietnamese Customer Support Representative Brief Job Description: Supports customers by providing helpful information, answering questions, and responding to complaints.
Basic Qualification: Able to speak and write in VIETNAMESE and at least college level with related BPO experience. Salary Range: Php 30,000 - Php 59,999 129. TRAN MINH VUONG Vietnamese Customer Support Representative Brief Job Description: Supports customers by providing helpful information, answering questions, and responding to complaints.
Basic Qualification: Able to speak and write in VIETNAMESE and at least college level with related BPO experience. Salary Range: Php 30,000 - Php 59,999
Basic Qualification: Able to speak and write in VIETNAMESE and at least college level with related BPO experience. Salary Range: Php 30,000 - Php 59,999 122.
151. WIN NANDAR LIN Burmese Customer Service Representative Brief Job ManagingDescription:Incomingcalls and customer service inquires.
LE THI NGOC HUYEN Vietnamese Customer Support Representative Brief Job Description: Supports customers by providing helpful information, answering questions, and responding to complaints.
Basic PhpSalaryCantonese)(Mandarin,FluentQualification:inChinesedialectFolkien,Range:30,000-Php59,999
Basic Qualification: Able to speak, read, and write Chinese language Salary Range: Php 30,000 - Php 59,999
Basic PhpSalary&andCollegeQualification:graduate,speakswritefluently(KoreanEnglish).Range:60,000-Php89,999
Brief Job Description: Supports customers by providing helpful information, answering questions, and responding to complaints.
Basic Qualification: Able to speak, read and write Chinese language Salary Range: Php 30,000 - Php 59,999
154. YU, JIANG Chinese Customer Service Representative Brief Job ManagingDescription:incomingcalls and customer service inquires
Basic Qualification: Able to speak and write in VIETNAMESE and at least college level with related BPO experience. Salary Range: Php 30,000 - Php 59,999 115. NGUYEN THI HA MY Vietnamese Customer Support Representative Brief Job Description: Supports customers by providing helpful information, answering questions, and responding to complaints.
Basic Qualification: Able to speak and write in VIETNAMESE and at least college level with related BPO experience. Salary Range: Php 30,000 - Php 59,999 117. NGUYEN THI KIEU OANH Vietnamese Customer Support Representative Brief Job Description: Supports customers by providing helpful information, answering questions, and responding to complaints. Basic Qualification: Able to speak and write in Vietnamese and at least college level with related BPO experience. Salary Range: Php 30,000 - Php 59,999 118. NGUYEN THI KIM YEN Vietnamese Customer Support Representative Brief Job Description: Supports customers by providing helpful information, answering questions, and responding to complaints.
Basic Qualification: Able to speak and write in VIETNAMESE and at least college level with related BPO experience. Salary Range: Php 30,000 - Php 59,999 112. NGUYEN QUYET XUAN Vietnamese Customer Support Representative Brief Job Description: Supports customers by providing helpful information, answering questions, and responding to complaints.
Basic Qualification: Able to speak and write in VIETNAMESE and at least college level with related BPO experience. Salary Range: Php 30,000 - Php 59,999 119. NGUYEN THI THANH HUYEN Vietnamese Customer Support Representative Brief Job Description: Supports customers by providing helpful information, answering questions, and responding to complaints Basic Qualification: Able to Speak and Write in Vietnamese and at Least College Level With Related BPO Experience Salary Range: Php 30,000 - Php 59,999 120. NGUYEN THI THUY TRANG Vietnamese Customer Support Representative Brief Job Description: Supports customers by providing helpful information, answering questions, and responding to complaints.
142. LEE, GYUHYEOK Customer Service Representative Brief Job InteractingDescription:withcustomers queries
Basic Qualification: Able to speak and write in MALAY and at least college level with related BPO experience. Salary Range: Php 30,000 - Php 59,999 135. VO XUAN KY Vietnamese Customer Support Representative Brief Job Description: Supports customers by providing helpful information, answering questions, and responding to complaints.
NGUYEN VAN AN Vietnamese Customer Support Representative Brief Job Description: Supports customers by providing helpful information, answering questions, and responding to complaints.
Basic Qualification: Able to speak and write in Vietnamese and at least college level with related BPO experience. Salary Range: Php 30,000 - Php 59,999 104. LE THI QUYNH Vietnamese Customer Support Representative Brief Job Description: Supports customers by providing helpful information, answering questions, and responding to complaints.
LE VU TRUONG GIANG Vietnamese Customer Support Representative Brief Job Description: Supports customers by providing helpful information, answering questions, and responding to complaints
Basic Qualification: Able to speak and write in Vietnamese and at least college level with related BPO experience. Salary Range: Php 30,000 - Php 59,999 128. TRAN MINH KHUE Vietnamese Customer Support Representative Brief Job Description: Supports customers by providing helpful information, answering questions, and responding to complaints.
Basic Qualification: Able to speak and write in Vietnamese and at least college level with related BPO experience. Salary Range: Php 30,000 - Php 59,999 130. TRAN NINH THUONG Vietnamese Customer Support Representative Brief Job Description: Supports customers by providing helpful information, answering questions, and responding to complaints.
ESTABLISHMENT / No. NAME OF
MOA CLOUDZONE CORP. 4th-11th Flr. Nexgen Tower, C4 Rd. Edsa Ext., Barangay 76, Pasay City
103.
Basic Qualification: Able to speak and write in MALAY and at least college level with related BPO experience. Salary Range: Php 30,000 - Php 59,999 124. PHAM THI QUYEN Vietnamese Customer Support Representative Brief Job Description: Supports customers by providing helpful information, answering questions, and responding to complaints. Basic Qualification: Able to speak and write in VIETNAMESE and at least college level with related BPO experience. Salary Range: Php 30,000 - Php 59,999 125.
Basic Qualification: Able to speak, read, and write Chinese language. Salary Range: Php 30,000 - Php 59,999
Basic Qualification: Able to speak, read, and write Chinese language Salary Range: Php 30,000 - Php 59,999
Basic Qualification: Able to speak, read, and write Chinese language. Salary Range: Php 30,000 - Php 59,999
ESTABLISHMENT No.
Basic Qualification: Able to speak and write in VIETNAMESE and at least college level with related BPO experience. Salary Range: Php 30,000 - Php 59,999 136. VU THI NGOC Vietnamese Customer Support Representative Brief Job Description: Supports customers by providing helpful information, answering questions, and responding to complaints.
146. MYAT CHAE PHUE Burmese Customer Service Representative Brief Job ManagingDescription:incomingcalls and customer service inquiries
LEE, HAE IN GTM Improvement Task Team Leader Brief Job ResponsibleDescription:forTaskImprovements to Go to Market, In-Store Management and Sell-out Management for all products. Coordinate with Korean counterparts in HQ Basic GraduateQualification:ofBusiness Admin or Management , exposure to overseas marketing, experience with appliance PhpSalaryindustryRange:150,000- Php 499,999
Basic Qualification: Able to speak, read, and write Chinese language. Salary Range: Php 30,000 - Php 59,999
160. RICHARD Indonesian Customer Service Representative Brief Job ManagingDescription:incomingcalls and customer service inquiries
157. ANGELICA TANAYA Indonesian Customer Service Representative Brief Job ManagingDescription:incomingcalls and customer service inquiries Basic Qualification: Able to speak, read, and write Chinese language Salary Range: Php 30,000 - Php 59,999
Basic Qualification: Able to Speak and Write in Vietnamese and at Least College Level With Related BPO Experience Salary Range: Php 30,000 - Php 59,999 126. SA QUANH NA Vietnamese Customer Support Representative Brief Job Description: Supports customers by providing helpful information, answering questions, and responding to complaints.
Basic Qualification: Able to speak and write in MALAY and at least college level with related BPO experience. Salary Range: Php 30,000 - Php 59,999 134. VO NGOC YEN Vietnamese Customer Support Representative Brief Job Description: Supports customers by providing helpful information, answering questions, and responding to complaints.
145. KYAW BurmeseMYINTCustomer Service Representative Brief Job ManagingDescription:incomingcalls and customer service inquiries
Basic Qualification: Able to speak, read, and write Chinese language Salary Range: Php 30,000 - Php 59,999
159. PRISCILLIA Indonesian Customer Service Representative Brief Job ManagingDescription:Incomingcalls and customer service inquires.
TRAN TOAN Vietnamese Customer Support Representative Brief Job Description: Supports customers by providing helpful information, answering questions, and responding to complaints.
Basic Qualification: Able to speak and write in Vietnamese and at least college level with related BPO experience. Salary Range: Php 30,000 - Php 59,999
Basic Qualification: Able to speak, read and write Chinese language Salary Range: Php 30,000 - Php 59,999
143. YOON, PAUL Customer Service Representative Brief Job InteractingDescription:withcustomers queries
147. SAI PIN HOM KHAY Burmese Customer Service Representative Brief Job ManagingDescription:incomingcalls and customer service inquiries
/ ADDRESS
158. JOHNY Indonesian Customer Service Representative Brief Job ManagingDescription:incomingcalls and customer service inquiries
Basic Qualification: Able to speak, read, and write Chinese language. Salary Range: Php 30,000 - Php 59,999
Basic Qualification: Able to Speak and Write in Vietnamese and at Least College Level With Related BPO Experience Salary Range: Php 30,000 - Php 59,999
JAN DE NUL (PHILS.), INC. 302 3rd/f Aseana Power Station Macapagal Blvd., Cor. Bradco Ave. Aseana City, Tambo, City Of 138.ParañaqueWILLEKENS, NICOLAS OLIVIER A. Operational Superintendent Dredging Works Brief Job Description: General organization of the assigned part of the dredging works according to the predefined schedule, budget, and used methods while observing quality, safety, and environmental standards with a minimum risk for personnel and equipment.
Basic PhpSalaryCantonese)(Mandarin,FluentQualification:inChinesedialectFolkien,Range:30,000-Php59,999
144. KYAN HITE YAN Burmese Customer Service Representative Brief Job ManagingDescription:incomingcalls and customer service inquiries
Basic Qualification: Able to speak and write in VIETNAMESE and at least college level with related BPO experience. Salary Range: Php 30,000 - Php 59,999 105. LE THUY QUYNH Vietnamese Customer Support Representative Brief Job Description: Supports customers by providing helpful information, answering questions, and responding to complaints. Basic Qualification: Able to speak and write in Vietnamese and at least college level with related BPO experience. Salary Range: Php 30,000 - Php 59,999 106.
102.
PHAN DUY QUAN Vietnamese Customer Support Representative Brief Job Description: Supports customers by providing helpful information, answering questions, and responding to complaints
ADDRESS
Basic Qualification: Able to speak and write in VIETNAMESE and at least college level with related BPO experience. Salary Range: Php 30,000 - Php 59,999 121.
Basic Qualification: Able to speak, read, and write Chinese language Salary Range: Php 30,000 - Php 59,999
LU MINH HANH Vietnamese Customer Support Representative Brief Job Description: Supports customers by providing helpful information, answering questions, and responding to complaints.
161. RUDY HARTONO Indonesian Customer Service Representative Brief Job ManagingDescription:Incomingcalls and customer service inquires.
Basic Qualification: Able to speak and write in Vietnamese and at least college level with related BPO experience. Salary Range: Php 30,000 - Php 59,999 132.
108.
149. SAI THIHA Burmese Customer Service Representative Brief Job ManagingDescription:incomingcalls and customer service inquires
/ ADDRESS
Basic Qualification: Able to speak and write in MALAY and at least college level with related BPO experience. Salary Range: Php 30,000 - Php 59,999 123. NGUYEN VAN THUAN Vietnamese Customer Support Representative Brief Job Description: Supports customers by providing helpful information, answering questions, and responding to complaints.
107.
Basic Qualification: Able to speak and write in Vietnamese and at least college level with related BPO experience. Salary Range: Php 30,000 - Php 59,999 116. NGUYEN THI HUONG Vietnamese Customer Support Representative Brief Job Description: Supports customers by providing helpful information, answering questions, and responding to complaints.
Basic Qualification: Able to speak, read, and write Chinese language Salary Range: Php 30,000 - Php 59,999
Basic Qualification: Able to speak, read and write Chinese language Salary Range: Php 30,000 - Php 59,999 148. SAI SAN AUNG Burmese Customer Service Representative Brief Job ManagingDescription:incomingcalls and customer service inquiries
150. SHAUNG SI KYAUNG Burmese Customer Service Representative Brief Job ManagingDescription:incomingcalls and customer service inquiries
Basic Qualification: Able to speak and write in Vietnamese and at least college level with related BPO experience. Salary Range: Php 30,000 - Php 59,999 127. TANG LE THANH Vietnamese Customer Support Representative Brief Job Description: Supports customers by providing helpful information, answering questions, and responding to complaints.
141. HYUN, JAEHYEOK Customer Service Representative Brief Job InteractingDescription:withcustomers queries
152. WIN PA BurmesePACustomer Service Representative Brief Job ManagingDescription:Incomingcalls and customer service inquires.
Basic Qualification: Able to speak and write in MALAY and at least college level with related BPO experience. Salary Range: Php 30,000 - Php 59,999 131.
Basic Qualification: Able to speak, read and write Chinese language Salary Range: Php 30,000 - Php 59,999
TRAN THI HUONG UYEN Vietnamese Customer Support Representative Brief Job Description: Supports customers by providing helpful information, answering questions, and responding to complaints.
Basic Qualification: Able to speak and write in VIETNAMESE and at least college level with related BPO experience. Salary Range: Php 30,000 - Php 59,999 133.
VO NGOC LINH Vietnamese Customer Support Representative Brief Job Description: Supports customers by providing helpful information, answering questions, and responding to complaints.
MACH 86 TECHNOLOGIES CORP. 6th-13th Flr. Workspace Bldg., 1419 Industry St. Corner Finance St. Mbp Ayala, Alabang, City Of Muntinlupa 140. CHOI, CustomerJAEWOOService Representative Brief Job InteractingDescription:withcustomers queries
NGUYEN THI TRONG Vietnamese Customer Support Representative Brief Job Description: Supports customers by providing helpful information, answering questions, and responding to complaints.
155. ZHAO, YUXUAN Chinese Customer Service Representative Brief Job ManagingDescription:incomingcalls and customer service inquires Basic Qualification: Able to Speak, Read, and Write Chinese Language Salary Range: Php 30,000 - Php 59,999
Basic PhpSalaryCantonese)(Mandarin,FluentQualification:inChinesedialectFolkien,Range:30,000-Php59,999
Basic Qualification: Able to speak and write in VIETNAMESE and at least college level with related BPO experience. Salary Range: Php 30,000 - Php 59,999 J-NA ALLOUT TECHNOLOGY SOLUTIONS CORP. 3/f Lipams Bldg., #48 President Avenue, B. F. Homes, City Of Parañaque 137. KYUN, NAM KUN Korean Customer Service Representative Brief Job Description: Track main industry trends in Korean through blogs, micro blogs and forums.
Basic Qualification: Able to speak, read, and write Chinese language. Salary Range: Php 30,000 - Php 59,999 194. LE ANH DUY Vietnamese Customer Service Representative Brief Job Description: Managing incoming calls and customer service inquiries
Basic Qualification: Able to Speak, Read, and Write Chinese Language Salary Range: Php 30,000 - Php 59,999 212. NGUYEN THI HUYEN Vietnamese Customer Service Representative Brief Job Description: Managing incoming calls and customer service inquires
Basic Qualification: Able to Speak, Read, and Write Chinese Language Salary Range: Php 30,000 - Php 59,999 216. NGUYEN VAN MANH Vietnamese Customer Service Representative Brief Job Description: Managing incoming calls and customer service inquires Basic Qualification: Able to Speak, Read, and Write Chinese Language Salary Range: Php 30,000 - Php 59,999 217. NGUYEN VAN TRONG Vietnamese Customer Service Representative Brief Job Description: Managing incoming calls and customer service inquiries. Basic Qualification: Able to speak, read, and write Chinese language. Salary Range: Php 30,000 - Php 59,999 218. NGUYEN VAN TUAN Vietnamese Customer Service Representative Brief Job Description: Managing incoming calls and customer service inquiries. Basic Qualification: Able to speak, read, and write Chinese language. Salary Range: Php 30,000 - Php 59,999 219. NGUYEN VIET CHUNG Vietnamese Customer Service Representative Brief Job Description: Managing incoming calls and customer service inquiries.
Basic Qualification: Able to Speak, Read and Write Chinese Language Salary Range: Php 30,000 - Php 59,999 209. NGUYEN PHUONG NAM Vietnamese Customer Service Representative Brief Job Description: Managing incoming calls and customer service inquires Basic Qualification: Able to Speak, Read, and Write Chinese Language Salary Range: Php 30,000 - Php 59,999 210. NGUYEN QUOC TRINH Vietnamese Customer Service Representative Brief Job Description: Managing incoming calls and customer service inquires
Basic Qualification: Able to speak, read, and write Chinese language. Salary Range: Php 30,000 - Php 59,999 221. NONG THI OANH Vietnamese Customer Service Representative Brief Job Description: Managing incoming calls and customer service inquiries. Basic Qualification: Able to speak, read, and write Chinese language. Salary Range: Php 30,000 - Php 59,999 222. NONG VAN THANH Vietnamese Customer Service Representative Brief Job Description: Managing incoming calls and customer service inquiries.
Basic Qualification: Able to speak, read, and write Chinese language. Salary Range: Php 30,000 - Php 59,999 202. LU CHAU CU Vietnamese Customer Service Representative Brief Job Description: Managing incoming calls and customer service inquires.
Basic Qualification: Able to speak, Read, and Write Chinese language Salary Range: Php 30,000 - Php 59,999 231. PHUN VAN XUAN Vietnamese Customer Service Representative Brief Job Description: Managing incoming calls and customer service inquiries Basic Qualification: Able to speak, Read, and Write Chinese language Salary Range: Php 30,000 - Php 59,999 232. TAN A SIENG Vietnamese Customer Service Representative Brief Job Description: Managing incoming calls and customer service inquiries
Basic Qualification: Able to speak, Read, and Write Chinese language Salary Range: Php 30,000 - Php 59,999 233. THACH THI MAI Vietnamese Customer Service Representative Brief Job Description: Managing Incoming calls and customer service inquires. Basic Qualification: Able to speak, read, and write Chinese language. Salary Range: Php 30,000 - Php 59,999 234. THIEU QUANG DAT Vietnamese Customer Service Representative Brief Job Description: Managing incoming calls and customer service inquiries
LE VAN MANH Vietnamese Customer Service Representative Brief Job Description: Managing incoming calls and customer service inquires.
Basic Qualification: Able to speak, read, and write Chinese language Salary Range: Php 30,000 - Php 59,999 189. HO VAN SON Vietnamese Customer Service Representative Brief Job Description: Managing incoming calls and customer service inquiries
ESTABLISHMENT / ADDRESS No. NAME OF FOREIGN NATIONAL POSITION AND BRIEF DESCRIPTION QUALIFICATION AND SALARY RANGE
Basic Qualification: Able to Speak, Read and Write Chinese Language Salary Range: Php 30,000 - Php 59,999 207. NGUYEN DINH THANG Vietnamese Customer Service Representative Brief Job Description: Managing incoming calls and customer service inquires Basic Qualification: Able to Speak, Read, and Write Chinese Language Salary Range: Php 30,000 - Php 59,999 208. NGUYEN DUY THAI Vietnamese Customer Service Representative Brief Job Description: Managing incoming calls and customer service inquires
Basic Qualification: Able to Speak, Read and Write Chinese Language Salary Range: Php 30,000 - Php 59,999 227. PHAN THANH THAI Vietnamese Customer Service Representative Brief Job Description: Managing incoming calls and customer service inquiries. Basic Qualification: Able to speak, read, and write Chinese language. Salary Range: Php 30,000 - Php 59,999 228. PHAN THI HOAI Vietnamese Customer Service Representative Brief Job Description: Managing incoming calls and customer service inquiries Basic Qualification: Able to speak, Read, and Write Chinese language Salary Range: Php 30,000 - Php 59,999 229. PHAN VAN TRUYEN Vietnamese Customer Service Representative Brief Job Description: Managing incoming calls and customer service inquiries Basic Qualification: Able to speak, Read, and Write Chinese language Salary Range: Php 30,000 - Php 59,999 230. PHONG LY THANH Vietnamese Customer Service Representative Brief Job Description: Managing incoming calls and customer service inquiries
Basic Qualification: Able to speak, read, and write Chinese language. Salary Range: Php 30,000 - Php 59,999 201. LIEU THI TAM Vietnamese Customer Service Representative Brief Job Description: Managing incoming calls and customer service inquires.
Basic Qualification: Able to speak, read and write Chinese language Salary Range: Php 30,000 - Php 59,999
Basic Qualification: Able to speak, Read, and Write Chinese language Salary Range: Php 30,000 - Php 59,999 235. TONG QUANG LONG Vietnamese Customer Service Representative Brief Job Description: Managing incoming calls and customer service inquiries
Basic Qualification: Able to speak, read and write Chinese language Salary Range: Php 30,000 - Php 59,999 188. HAN DUC NGHIA Vietnamese Customer Service Representative Brief Job Description: Managing incoming calls and customer service inquiries
Basic Qualification: Able to speak, Read, and Write Chinese language Salary Range: Php 30,000 - Php 59,999 236. TRAN HAI NHAT Vietnamese Customer Service Representative Brief Job Description: Managing incoming calls and customer service inquiries
237. TRAN HOAI NAM Vietnamese Customer Service Representative Brief Job Description: Managing incoming calls and customer service inquiries
Basic Qualification: Able to speak, read, and write Chinese language. Salary Range: Php 30,000 - Php 59,999
Basic Qualification: Able to speak, read, and write Chinese language Salary Range: Php 30,000 - Php 59,999 195. LE NHAT LINH Vietnamese Customer Service Representative Brief Job Description: Managing incoming calls and customer service inquiries Basic Qualification: Able to speak, read, and write Chinese language Salary Range: Php 30,000 - Php 59,999 196. LE PHUOC HANH Vietnamese Customer Service Representative Brief Job Description: Managing incoming calls and customer service inquires.
Basic Qualification: Able to speak, read and write Chinese language Salary Range: Php 30,000 - Php 59,999 193. LAM THE PHUONG Vietnamese Customer Service Representative Brief Job Description: Managing incoming calls and customer service inquires.
LE VAN PHUONG Vietnamese Customer Service Representative Brief Job Description: Managing incoming calls and customer service inquires.
RUDYANTO Indonesian Customer Service Representative Brief Job Description: Managing incoming calls and customer service inquiries
239. TRAN QUOC BAO Vietnamese Customer Service Representative Brief Job Description: Managing incoming calls and customer service inquiries
Basic Qualification: Able to speak, read, and write Chinese language. Salary Range: Php 30,000 - Php 59,999 220.
Basic Qualification: Able to Speak, Read and Write Chinese Language Salary Range: Php 30,000 - Php 59,999 173.
Basic Qualification: Able to speak, read, and write Chinese language. Salary Range: Php 30,000 - Php 59,999 199.
Basic Qualification: Able to speak, Read, and Write Chinese language Salary Range: Php 30,000 - Php 59,999 238. TRAN PHAT LUNG Vietnamese Customer Service Representative Brief Job Description: Managing Incoming calls and customer service inquires.
Basic Qualification: Able to speak, Read, and Write Chinese language Salary Range: Php 30,000 - Php 59,999
BusinessMirror
Basic Qualification: Able to speak, read and write Chinese language Salary Range: Php 30,000 - Php 59,999 167. SUNLI Indonesian Customer Service Representative Brief Job Description: Managing incoming calls and customer service inquiries Basic Qualification: Able to speak, read and write Chinese language Salary Range: Php 30,000 - Php 59,999 168. TAN KELVIN Indonesian Customer Service Representative Brief Job Description: Managing incoming calls and customer service inquires Basic Qualification: Able to Speak, Read, and Write Chinese Language Salary Range: Php 30,000 - Php 59,999 169. TIVANA VIVIAN VITA Indonesian Customer Service Representative Brief Job Description: Managing Incoming calls and customer service inquires.
Basic Qualification: Able to speak, read and write Chinese language Salary Range: Php 30,000 - Php 59,999 164. SOFIAN STEVEN LIM Indonesian Customer Service Representative Brief Job Description: Managing incoming calls and customer service inquires
Basic Qualification: Able to Speak, Read, and Write Chinese Language Salary Range: Php 30,000 - Php 59,999 211. NGUYEN THANH SAC Vietnamese Customer Service Representative Brief Job Description: Managing incoming calls and customer service inquires
WINANDY WIJAYA Indonesian Customer Service Representative Brief Job Description: Managing incoming calls and customer service inquires Basic Qualification: Able to Speak, Read and Write Chinese Language Salary Range: Php 30,000 - Php 59,999 174. WINDYLIA MARCELLA Indonesian Customer Service Representative Brief Job Description: Managing Incoming calls and customer service inquires. Basic Qualification: Able to speak, read, and write Chinese language. Salary Range: Php 30,000 - Php 59,999 175. NG CHOON JIE Malaysian Customer Service Representative Brief Job Description: Managing incoming calls and customer service inquires Basic Qualification: Able to Speak, Read, and Write Chinese Language Salary Range: Php 30,000 - Php 59,999 176. ROLAND TAN JUN YU Malaysian Customer Service Representative Brief Job Description: Managing incoming calls and customer service inquiries
Basic Qualification: Able to speak, read and write Chinese language Salary Range: Php 30,000 - Php 59,999 163. SHELVINA Indonesian Customer Service Representative Brief Job Description: Managing incoming calls and customer service inquiries
ESTABLISHMENT / ADDRESS No. NAME OF FOREIGN NATIONAL , POSITION AND BRIEF DESCRIPTION QUALIFICATION AND SALARY RANGE A9www.businessmirror.com.ph Wednesday, September 7, 2022 162.
Basic Qualification: Able to speak, read, and write Chinese language. Salary Range: Php 30,000 - Php 59,999 198.
NGUYEN XUAN SANG Vietnamese Customer Service Representative Brief Job Description: Managing incoming calls and customer service inquiries.
Basic Qualification: Able to speak, read, and write Chinese language. Salary Range: Php 30,000 - Php 59,999 203. LUONG THANH PHONG Vietnamese Customer Service Representative Brief Job Description: Managing incoming calls and customer service inquires. Basic Qualification: Able to speak, read, and write Chinese language. Salary Range: Php 30,000 - Php 59,999 204. MAI HAI LONG Vietnamese Customer Service Representative Brief Job Description: Managing incoming calls and customer service inquires
Basic Qualification: Able to speak, Read, and Write Chinese language Salary Range: Php 30,000 - Php 59,999
Basic Qualification: Able to speak, read, and write Chinese language. Salary Range: Php 30,000 - Php 59,999 200. LE XUAN SANG Vietnamese Customer Service Representative Brief Job Description: Managing incoming calls and customer service inquires.
Basic Qualification: Able to speak, read, and write Chinese language. Salary Range: Php 30,000 - Php 59,999 223. PHAM THANH HA Vietnamese Customer Service Representative Brief Job Description: Managing incoming calls and customer service inquiries. Basic Qualification: Able to speak, read, and write Chinese language. Salary Range: Php 30,000 - Php 59,999 224. PHAM THU HANG Vietnamese Customer Service Representative Brief Job Description: Managing incoming calls and customer service inquiries. Basic Qualification: Able to speak, read, and write Chinese language. Salary Range: Php 30,000 - Php 59,999 225. PHAM XUAN NGHIA Vietnamese Customer Service Representative Brief Job Description: Managing incoming calls and customer service inquiries. Basic Qualification: Able to speak, read, and write Chinese language. Salary Range: Php 30,000 - Php 59,999 226. PHAN LE HANH HUYEN Vietnamese Customer Service Representative Brief Job Description: Managing incoming calls and customer service inquires
TONO ARYANTO Indonesian Customer Service Representative Brief Job Description: Managing Incoming calls and customer service inquires. Basic Qualification: Able to speak, read, and write Chinese language. Salary Range: Php 30,000 - Php 59,999 171. VILIN YULIANI Indonesian Customer Service Representative Brief Job Description: Managing Incoming calls and customer service inquires. Basic Qualification: Able to speak, read, and write Chinese language. Salary Range: Php 30,000 - Php 59,999 172. WIFENDY Indonesian Customer Service Representative Brief Job Description: Managing incoming calls and customer service inquires
ESTABLISHMENT / ADDRESS No. NAME OF FOREIGN NATIONAL , POSITION AND BRIEF DESCRIPTION QUALIFICATION AND SALARY RANGE
Basic Qualification: Able to Speak, Read, and Write Chinese Language Salary Range: Php 30,000 - Php 59,999 205. NGO THI KHANH Vietnamese Customer Service Representative Brief Job Description: Managing incoming calls and customer service inquires Basic Qualification: Able to Speak, Read, and Write Chinese Language Salary Range: Php 30,000 - Php 59,999 206. NGUYEN CONG TAI Vietnamese Customer Service Representative Brief Job Description: Managing incoming calls and customer service inquires
Basic Qualification: Able to speak, read, and write Chinese language. Salary Range: Php 30,000 - Php 59,999 170.
Basic Qualification: Able to speak, read and write Chinese language Salary Range: Php 30,000 - Php 59,999 192. KIEU THI THU HIEN Vietnamese Customer Service Representative Brief Job Description: Managing incoming calls and customer service inquiries
Basic Qualification: Able to Speak, Read and Write Chinese Language Salary Range: Php 30,000 - Php 59,999 213. NGUYEN THI VAN ANH Vietnamese Customer Service Representative Brief Job Description: Managing incoming calls and customer service inquires Basic Qualification: Able to Speak, Read and Write Chinese Language Salary Range: Php 30,000 - Php 59,999 214. NGUYEN VAN HUNG Vietnamese Customer Service Representative Brief Job Description: Managing incoming calls and customer service inquires Basic Qualification: Able to Speak, Read, and Write Chinese Language Salary Range: Php 30,000 - Php 59,999 215. NGUYEN VAN HUNG Vietnamese Customer Service Representative Brief Job Description: Managing incoming calls and customer service inquires
Basic Qualification: Able to Speak, Read and Write Chinese Language Salary Range: Php 30,000 - Php 59,999 165. STEVANUS Indonesian Customer Service Representative Brief Job Description: Managing incoming calls and customer service inquiries Basic Qualification: Able to speak, read and write Chinese language Salary Range: Php 30,000 - Php 59,999 166. SUFATMAWATI CHANG Indonesian Customer Service Representative Brief Job Description: Managing incoming calls and customer service inquiries
Basic Qualification: Able to speak, read and write Chinese language Salary Range: Php 30,000 - Php 59,999 190. HO VAN THANH Vietnamese Customer Service Representative Brief Job Description: Managing incoming calls and customer service inquiries Basic Qualification: Able to speak, read and write Chinese language Salary Range: Php 30,000 - Php 59,999 191. HOANG VAN LONG Vietnamese Customer Service Representative Brief Job Description: Managing incoming calls and customer service inquiries
187. HA VAN HUY Vietnamese Customer Service Representative Brief Job Description: Managing incoming calls and customer service inquiries
Basic Qualification: Able to speak, read and write Chinese language Salary Range: Php 30,000 - Php 59,999 183. BUI THI LAN Vietnamese Customer Service Representative Brief Job Description: Managing incoming calls and customer service inquiries Basic Qualification: Able to speak, read and write Chinese language Salary Range: Php 30,000 - Php 59,999 184. CHU THANH MINH Vietnamese Customer Service Representative Brief Job Description: Managing incoming calls and customer service inquiries
Basic Qualification: Able to speak, read and write Chinese language Salary Range: Php 30,000 - Php 59,999 177. WEE XIN KIAT Malaysian Customer Service Representative Brief Job Description: Managing Incoming calls and customer service inquires. Basic Qualification: Able to speak, read, and write Chinese language. Salary Range: Php 30,000 - Php 59,999 178. WONG LI QIN Malaysian Customer Service Representative Brief Job Description: Managing incoming calls and customer service inquires Basic Qualification: Able to Speak, Read and Write Chinese Language Salary Range: Php 30,000 - Php 59,999 179. WONG PAK HOUNG Malaysian Customer Service Representative Brief Job Description: Managing incoming calls and customer service inquires Basic Qualification: Able to Speak, Read and Write Chinese Language Salary Range: Php 30,000 - Php 59,999 180. WOO XIAO WEN Malaysian Customer Service Representative Brief Job Description: Managing Incoming calls and customer service inquires. Basic Qualification: Able to speak, read, and write Chinese language. Salary Range: Php 30,000 - Php 59,999 181. SAE MUA, CHALIDA Thai Customer Service Brief Job Description: Managing incoming calls and customer service inquiries Basic Qualification: Able to speak, read and write Chinese language Salary Range: Php 30,000 - Php 59,999 182. BANH THANH TUNG Vietnamese Customer Service Representative Brief Job Description: Managing incoming calls and customer service inquiries
Basic Qualification: Able to speak, read, and write Chinese language. Salary Range: Php 30,000 - Php 59,999 197. LE THI THUY DAN Vietnamese Customer Service Representative Brief Job Description: Managing incoming calls and customer service inquires.
Basic Qualification: Able to speak, read and write Chinese language Salary Range: Php 30,000 - Php 59,999 185. DANG VAN HAI Vietnamese Customer Service Representative Brief Job Description: Managing incoming calls and customer service inquiries Basic Qualification: Able to speak, read and write Chinese language Salary Range: Php 30,000 - Php 59,999 186. DUONG MY LAY Vietnamese Customer Service Representative Brief Job Description: Managing incoming calls and customer service inquiries
ANDERSON, CHRISTOPHER COLIN Project Manager Brief Job Description: Knowledgeable in shop steel detailing and know how to upgrade design and implement all intricate details of project plans.
VANG THI MAY Vietnamese Customer Service Representative Brief Job Description: Managing Incoming calls and customer service inquires. Basic Qualification: Able to speak, read, and write Chinese language. Salary Range: Php 30,000 - Php 59,999 247.
Basic ProficientQualification:inreading, writing and speaking in Chinese. Salary Range: Php 30,000 - Php 59,999 291. YANG, ChineseWANGSHENGLanguage-research Analyst Brief Job Description: Conduct research on products and services as specified.
Basic Qualification: Able to speak, read, and write Chinese language. Salary Range: Php 30,000 - Php 59,999 243.
ESTABLISHMENT / ADDRESS No. NAME OF FOREIGN NATIONAL , POSITION AND BRIEF DESCRIPTION QUALIFICATION AND SALARY RANGE
Basic Qualification: Graduate 4 years bachelor degree with critical thinking and problem-solving skills Salary Range: Php 30,000 - Php 59,999 NATURAL9 CORPORATION Unit 8c-1, 8 Rockwell Building, Hidalgo Drive, Rockwell Center, Poblacion, City Of Makati 252. LI, ChineseCHUNBOChef Assistant Brief Job Description: Ensuring that food of excellent quality Basic Qualification: Ability to assist and direct kitchen staff in meal Salary Range: Php 30,000 - Php 59,999 NEO NorthINCORPORATEDTowerCentrum Bldg., Aseana Avenue, Entertainment City, Baclaran, City Of Parañaque 253.
Basic KnowledgeQualification:ofMicrosoft windows 7/8/8.1/10 and Microsoft office suites and office Salary365.Range: Php 30,000 - Php 59,999 272. LI, XIANZE Multilingual Service Desk Analyst Brief Job Description: Ability to effectively prioritize and handle multiple task simultaneously.
Basic KnowledgeQualification:ofMicrosoft windows 7/8/8.1/10 and Microsoft office suites and office Salary365.Range: Php 30,000 - Php 59,999 276. ZHAN, JIANLI Multilingual Service Desk Analyst Brief Job Description: Ability to effectively prioritize and handle multiple task simultaneously.
Basic ProficientQualification:inreading, writing and speaking in Chinese. Salary Range: Php 30,000 - Php 59,999 285. HUANG, SHUTIAN Chinese Language-research Analyst Brief Job Description: Conduct research on products and services as specified. Basic ProficientQualification:inreading, writing and speaking in Chinese. Salary Range: Php 30,000 - Php 59,999 286. LI, ChineseCHENLanguage-research Analyst Brief Job Description: Conduct research on products and services as specified.
Basic ProficientQualification:inreading, writing and speaking in Chinese. Salary Range: Php 30,000 - Php 59,999 292. ZHANG, SHUQI Chinese Language-research Analyst Brief Job Description: Conduct research on products and services as specified.
Basic Qualification: Able to speak, read, and write Chinese language. Salary Range: Php 30,000 - Php 59,999 MPOTECH DIGITAL SYSTEM INC. 2/f 331 Bldg., Sen. Gil Puyat Ave., Bel-air, City Of Makati 250. ANNUR HAQQOWI Indonesian Customer Service Representative Brief Job Description: Provide products/service, information, answer questions and resolve emerging problems
BusinessMirrorA6 www.businessmirror.com.phA10 Wednesday, September 7, 2022 240.
ESTABLISHMENT / ADDRESS No. NAME OF FOREIGN NATIONAL , POSITION AND BRIEF DESCRIPTION QUALIFICATION AND SALARY RANGE
TRAN VAN DUC Vietnamese Customer Service Representative Brief Job Description: Managing incoming calls and customer service inquires Basic Qualification: Able to speak, read, and write Chinese language Salary Range: Php 30,000 - Php 59,999 242. TRAN VO SON Vietnamese Customer Service Representative Brief Job Description: Managing Incoming calls and customer service inquires.
NEW ORIENTAL CLUB88 CORPORATION 3rd, 5th, 6th, 7th, 8th, 9th & 10th/f, Pearl Marina Building Pacific Drive, Don Galo, City Of Parañaque 257. GUO, ChineseCHAOCustomer Service Brief Job Description: Manage incoming calls and inquiries, handling complaints, provide solutions, process customer accounts and file documents.
Basic Qualification: College Graduate, preferably 1 year experience in the similar field, Speaks and write fluently (Native Language) Salary Range: Php 30,000 - Php 59,999 258. LI, ChineseDAN Customer Service Brief Job Description: Manage incoming calls and inquiries, handling complaints, provide solutions, process customer accounts and file documents.
Basic CollegeQualification:Graduate;Fluent in Cantonese, Taiwanese, and Mandarin Language; Excellent Communication Skills; At least 1 Year Experience Relevant to the SalaryPositionRange: Php 30,000 - Php 59,999 SAGISAG INC. 18/f Gt Tower International, 6795 Ayala Ave.,, Bel-air, City Of Makati 265. LIM YANG WEI Malaysian Project Manager Brief Job Description: Manage large of amounts of incoming calls and handle customers concerns.
Basic readingProficientQualification:inspeaking,andwritingin mandarin Salary Range: Php 30,000 - Php 59,999 SGL MANILA (SHARED SERVICE CENTER) INC. 12/f Paz Madrigal Plaza,, Madrigal Business Park, Ayala, Alabang, City Of Muntinlupa 269. BLUNCK, SIMON Head Of Tender & Internal Project Management Asia Brief Job Description: Head of Tender Management and Internal Projects APAC Basic Qualification: Responsible in preparing competitive and high-quality proposals in response to freight ding RFQ/RFI/RFP cooperating closely with Senior Managers throughout the Asia Pacific region. The candidate will also work in effectiveness and efficiency of the tender management organization to reduce costs, increase productivity and improve the win ratio for increased customer awards and company profitability.
Basic KnowledgeQualification:ofMicrosoft windows 7/8/8.1/10 and Microsoft office suites and office Salary365.Range: Php 30,000 - Php 59,999
Basic ProficientQualification:inreading, writing and speaking in Chinese. Salary Range: Php 30,000 - Php 59,999 293. ZHOU, ChineseZHUANGLanguage-research Analyst Brief Job Description: Conduct research on products and services as specified.
In the ad material of Notice of Filing of Application for Alien Employment Permits published on Sep 3, 2022, the name of QIANG, DONG under the company SINCERELY SERVICES INC., should have been read as QIAO, DONG 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 Pleasepublication.inform
JIANG, ChineseQINSpeaking Admin Associate Brief Job Assist/helpDescription:customers, give customer information about product and services Basic Qualification: With at least 6 months customer service experience/ Good in oral communication and SalarywrittenRange: Php 30,000 - Php 59,999 254. NGUYEN KHANH HIEN Chinese Speaking Admin Associate Brief Job Assist/helpDescription:customers, give customer information about product and services Basic Qualification: With at least 6 months customer service experience/ Good in oral communication and SalarywrittenRange: Php 30,000 - Php 59,999 255. QIU, ChineseQINGLINSpeaking Admin Associate Brief Job Assist/helpDescription:customers, give customer information about product and services Basic Qualification: With at least 6 months customer service experience/ Good in oral communication and SalarywrittenRange: Php 30,000 - Php 59,999 256. ZHANG, HAOXIANG Chinese Speaking Admin Associate Brief Job Assist/helpDescription:customers, give customer information about product and services Basic Qualification: With at least 6 months customer service experience/ Good in oral communication and SalarywrittenRange: Php 30,000 - Php 59,999
Basic Qualification: College Graduate, preferably 1 year experience in the similar field, Speaks and write fluently (Native Language) Salary Range: Php 30,000 - Php 59,999 261. ZHANG, PENG Chinese Customer Service Brief Job Description: Manage incoming calls and inquiries, handling complaints, provide solutions, process customer accounts and file documents.
TRUONG VAN GIANG Vietnamese Customer Service Representative Brief Job Description: Managing incoming calls and customer service inquires Basic Qualification: Able to Speak, Read and Write Chinese Language Salary Range: Php 30,000 - Php 59,999 245. TRUONG XUAN PHONG Vietnamese Customer Service Representative Brief Job Description: Managing incoming calls and customer service inquires Basic Qualification: Able to speak, read, and write Chinese language Salary Range: Php 30,000 - Php 59,999 246.
LIAO, ChineseXIAOLINCustomer Service Brief Job Description: Manage incoming calls and inquiries, handling complaints, provide solutions, process customer accounts and file documents.
Basic Qualification: College Graduate, preferably 1 year experience in the similar field, Speaks and write fluently (Native Language) Salary Range: Php 30,000 - Php 59,999 262. LI KYONE MyanmariHWACustomer Service Brief Job Description: Manage incoming calls and inquiries, handling complaints, provide solutions, process customer accounts and file documents.
ASRI AYUNDA PRATIWI Indonesian Customer Service Representative Brief Job Description: Provide products/service, information, answer questions and resolve emerging problems
DA SILVA, CARLA VIOLETA Video Stream Presenter Brief Job Description: Communicates & coordinates w/ colleagues regarding dealing to ensure smoothness & efficiency in video stream presentation Basic Qualification: Good communication skills in writing and speaking Mandarin Salary Range: Php 30,000 - Php 59,999 WISHLAND SOFTWARE TECHNOLOGY INC. 28/f Techzone Condo Corp., 213 Buendia Ave., San Antonio, City Of Makati 280. FENG, ChineseBOLanguage-research Analyst Brief Job Description: Conduct research on products and services as specified.
Basic Qualification: Must know how to use the preferred detailing software of tekla structures and associates software. Salary Range: Php 150,000 - Php 499,999 W-TECH SOLUTIONS INC. 5/f Eco Plaza Bldg., 2305 Chino Roces Ave. Extn., Magallanes, City Of Makati 279.
Basic ProficientQualification:inreading, writing and speaking in Chinese. Salary Range: Php 30,000 - Php 59,999 *Date Generated: Sep 6, 2022
Basic KnowledgeQualification:ofMicrosoft windows 7/8/8.1/10 and Microsoft office suites and office Salary365.Range: Php 30,000 - Php 59,999 273. LIN, BOYE Multilingual Service Desk Analyst Brief Job Description: Ability to effectively prioritize and handle multiple task simultaneously.
Basic ProficientQualification:inreading, writing and speaking in Chinese. Salary Range: Php 30,000 - Php 59,999 287. LIANG, ChineseHAOLanguage-research Analyst Brief Job Description: Conduct research on products and services as specified.
Basic ProficientQualification:inreading, writing and speaking in Chinese. Salary Range: Php 30,000 - Php 59,999 283. CHEN, ChineseYONGGULanguage-research Analyst Brief Job Description: Conduct research on products and services as specified. Basic ProficientQualification:inreading, writing and speaking in Chinese. Salary Range: Php 30,000 - Php 59,999 284. HU, ChineseJIANLanguage-research Analyst Brief Job Description: Conduct research on products and services as specified.
DOLE National Capital Region if you have any information on criminal offense committed by the foreign nationals.
TRIEU VAN TUAN Vietnamese Customer Service Representative Brief Job Description: Managing Incoming calls and customer service inquires.
Basic KnowledgeQualification:ofMicrosoft windows 7/8/8.1/10 and Microsoft office suites and office Salary365.Range: Php 30,000 - Php 59,999 275. MA, JIANNING Multilingual Service Desk Analyst Brief Job Description: Ability to effectively prioritize and handle multiple task simultaneously.
TRAN THI YEN NHI Vietnamese Customer Service Representative Brief Job Description: Managing incoming calls and customer service inquires
VO VAN DUONG Vietnamese Customer Service Representative Brief Job Description: Managing incoming calls and customer service inquires Basic Qualification: Able to speak, read, and write Chinese language Salary Range: Php 30,000 - Php 59,999 248. VU MINH HOAT Vietnamese Customer Service Representative Brief Job Description: Managing incoming calls and customer service inquires Basic Qualification: Able to speak, read, and write Chinese language Salary Range: Php 30,000 - Php 59,999 249. VU THI HOA Vietnamese Customer Service Representative Brief Job Description: Managing Incoming calls and customer service inquires.
Basic Qualification: College Graduate, preferably 1 year experience in the similar field, Speaks and write fluently (Native Language) Salary Range: Php 30,000 - Php 59,999 259.
Basic Qualification: BS in business management/ economics Salary Range: Php 150,000 - Php 499,999 UPAPA HOLDINGS CORP. Unit 1819, One Park Drive,, 9th Ave Corner 11th Drive Bonifacio Global City, Fort Bonifacio, City Of 271.Taguig FANG, YUQIN Multilingual Service Desk Analyst Brief Job Description: Ability to effectively prioritize and handle multiple task simultaneously.
ESTABLISHMENT / ADDRESS No. NAME OF FOREIGN NATIONAL POSITION AND BRIEF DESCRIPTION QUALIFICATION AND SALARY RANGE
Basic Qualification: Bachelor’s degree in accounting, finance, business management of the equivalent. Must have finance and/or background and an understanding of accounting rules in Japan Salary Range: Php 500,000 and above REVON MOTION BUSINESS CONSULTANCY INC. G/f Pmj Bldg., Evangelista Cor. Cuangco Sts., Pio Del Pilar, City Of Makati 264. HONG, MandarinLI Business Consultant Brief Job Description: Helps business improve his/her business operations; The overall goal of a small business consultant is to help make the company better through addressing problems and recommending solutions
Salary Range: Php 500,000 and above SHOPEE PHILIPPINES INC 37/f Seven/neo, 5th Avenue E-square Crescent Park West Bgc, Fort Bonifacio, City Of Taguig 270. ANTONY, KIRAN Assistant Manager - ShopeeXpress Brief Job Description: Track/analyze key project performance
Basic Qualification: At least 6 months to 1 year related experience, proficient in computer Salary Range: Php 30,000 - Php 59,999 SAMSUNG ELECTRONICS PHILIPPINES CORPORATION 7th-10th Floor Science Hub Tower, 4 Mckinley Hill, Pinagsama, City Of Taguig 267. CHANG, BOKYUNG Online Group - Business Manager Brief Job Description: Manage organization and relationship building with accounts to lead the market change by understanding the regional e-commerce ecosystem trends. Drive to manage sell-in/out, logistic methodologies and inventory management and control weekly, monthly, and annual sales revenue by account.
Basic KnowledgeQualification:ofMicrosoft windows 7/8/8.1/10 and Microsoft office suites and office Salary365.Range: Php 30,000 - Php 59,999 277. ZHENG, ZHAOBO Multilingual Service Desk Analyst Brief Job Description: Ability to effectively prioritize and handle multiple task simultaneously.
VERTEX PROJECTS MANILA INC. Unit B & C 21/f Strata 100 Building Don F, Don F. Ortigas, Jr., Road, Ortigas Center, San Antonio, City Of 278.Pasig
Basic ProficientQualification:inreading, writing and speaking in Chinese. Salary Range: Php 30,000 - Php 59,999 281. CHEN, ChineseSHAOKELanguage-research Analyst Brief Job Description: Conduct research on products and services as specified. Basic ProficientQualification:inreading, writing and speaking in Chinese. Salary Range: Php 30,000 - Php 59,999 282. CHEN, ChineseYAJUANLanguage-research Analyst Brief Job Description: Conduct research on products and services as specified.
Basic Qualification: College Graduate, preferably 1 year experience in the similar field, Speaks and write fluently (Native Language) Salary Range: Php 30,000 - Php 59,999 R.G. MANABAT & CO. (KPMG R.G. MANABAT & CO. AND KPMG IN THE PHILIPPINES) 3/f-9/f 22/f Kpmg Center, 6787 Ayala Ave., Bel-air, City Of Makati 263. KOMIYA, YUJI Business Development Consultant (Japanese Clients) Brief Job Description: Assist engagement teams in maintaining relationships and communicating with Japanese clients in relations to Japanese business language for the communication and documentation requirements of engagements. Provide assistance and support to R.G Manabat & Co. In business development and marketing and communication activities to prospective Japanese clients
Basic KnowledgeQualification:ofMicrosoft windows 7/8/8.1/10 and Microsoft office suites and office Salary365.Range: Php 60,000 - Php 89,999 274. LIN, ZEBIN Multilingual Service Desk Analyst Brief Job Description: Ability to effectively prioritize and handle multiple task simultaneously.
Basic Qualification: Able to speak, read, and write Chinese language. Salary Range: Php 30,000 - Php 59,999 244.
Basic Qualification: Graduate 4 years bachelor degree with critical thinking and problem-solving skills Salary Range: Php 30,000 - Php 59,999 251.
Basic Qualification: At least 1 year related experience, proficient in computer. Salary Range: Php 30,000 - Php 59,999 266. PONKOKGROUD, SAKUNIT Thai Content Executive Brief Job Description: Be able to conduct research into industry trends.
Basic Qualification: University graduate typically requires a minimum of 10 years relevant experience. Speaks Korean language is a must. Salary Range: Php 150,000 - Php 499,999 SEAGULL-WORLD INC. Unit 2807 28/f Cityland, Pasong Tamo Tower, 2210 Chino Roces Ave., Pio Del Pilar, City Of Makati 268. GAO, BOLIN Mandarin Speaking Marketing Specialist Brief Job Description: Responsible for IT system management
Basic ProficientQualification:inreading, writing and speaking in Chinese. Salary Range: Php 30,000 - Php 59,999 288. WEN, ChineseQINGWULanguage-research Analyst Brief Job Description: Conduct research on products and services as specified. Basic ProficientQualification:inreading, writing and speaking in Chinese. Salary Range: Php 30,000 - Php 59,999 289. XIAO, ChineseXINGWULanguage-research Analyst Brief Job Description: Conduct research on products and services as specified. Basic ProficientQualification:inreading, writing and speaking in Chinese. Salary Range: Php 30,000 - Php 59,999 290. YANG, ChineseSHIHOULanguage-research Analyst Brief Job Description: Conduct research on products and services as specified.
Basic Qualification: Able to speak, read, and write Chinese language Salary Range: Php 30,000 - Php 59,999 241.
Basic Qualification: College Graduate, preferably 1 year experience in the similar field, Speaks and write fluently (Native Language) Salary Range: Php 30,000 - Php 59,999 260. XU, ChineseYAN Customer Service Brief Job Description: Manage incoming calls and inquiries, handling complaints, provide solutions, process customer accounts and file documents.
Lot 11, HY Dimacali Avenue, FPIP II- SEZ, Santa Anastacia, City of Sto. Tomas, Batangas RAJARAM, RAJESH Secondary Process Painting Specialist
Basic Qualification: Able to speak, read and write Chinese language Salary Range: Php30,000 - Php59,999
Brief Job Description: Coordinate painting schedule for outgoing orders and adjust as necessary Basic CollegeQualification:graduatewith years of relevant experience Salary Php500,000Range:and above 7 (PHILIPPINES),PRECISIONCAL-COMP INC.
Block 4, Lot 2, Phase III, FCIE, Langkaan II, City of Dasmariñas, Cavite WU, CHEN-WEI Assistant Manager Brief Job Description: Manage and assist production of supply chain division
Basic Qualification: Able to speak, read and write Chinese language Salary Range: Php30,000 - Php59,999
Island Cove II, Covelandia Road, Pulvorista, Kawit, Cavite LI, YUNTAO Chinese Customer Service Representative Brief Job Description: Manage incoming calls and customer service inquiries
NO. ESTABLISHMENT NAME OF FOREIGN NATIONAL, POSITION AND BRIEF DESCRIPTION QUALIFICATION AND SALARY RANGE 1 PHILIPPINES,TECHNOLOGYAMKORINC.
10 DIUP INCORPORATED
Burmese Customer Service Representative Brief Job Description: Manage incoming calls and customer service inquiries
Island Cove II, Covelandia Road, Pulvorista, Kawit, Cavite LI, YANG Chinese Customer Service Representative Brief Job Description: Manage incoming calls and customer service inquiries
Basic Qualification: Able to speak, read and write Chinese language Salary Range: Php30,000 - Php59,999
20 MOA CORP.CLOUDZONE
14 HARD PHILIPPINES,DISCOUNTINC.
22 MOA CORP.CLOUDZONE
Basic Qualification: With 2-3 years of production experience Salary Range: Php30,000 - Php59,999 16 MOA CORP.CLOUDZONE
119 North Science Ave., Laguna Technopark, Biñan, City of Biñan, Laguna CHOI, DUCKYONG Senior Director - Shipping Brief Job Description: Manage the movement of all inbound and outbound materials and equipment. Control the foreign scrap warehouse management process Basic Qualification: Must be an engineering course graduate with more than 10 years in same/related field Salary Range: Php60,000 – Php89,999 2 (PHILIPPINES),PRECISIONCAL-COMP INC. Lot 11, HY Dimacali Avenue, FPIP II- SEZ, Santa Anastacia, City of Sto. Tomas, Batangas SRINGAMPONG, ATITAYA Inventory Control Manager Brief Job Description: Optimize inventory level towards shipments Basic Qualification: College level Salary Range: Php500,000 and above 3 (PHILIPPINES),PRECISIONCAL-COMP INC. Lot 11, HY Dimacali Avenue, FPIP II- SEZ, Santa Anastacia, City of Sto. Tomas, Batangas
Lot 11, HY Dimacali Avenue, FPIP II- SEZ, Santa Anastacia, City of Sto. Tomas, Batangas LU, HUNG-TUNG Tooling Director Brief Job Description: Ensure successful, cost effective, and timely injection mold tooling management Basic Qualification: Must be proficient in spotting, parting line repair and hand working skills Salary Range: Php500,000 and above 8 DAIWA SEIKO PHILS. CORP. Lot 8 & 9, Block 5, Star Ave., Biñan,Mamplasan,LIIP-SEZ,CityofLaguna
Basic Qualification: College Graduate with minimum of 15 years work experience Salary Range: Php90,000 - Php149,999
Basic Qualification: Graduate of any Engineering Course or any related field of study Salary Range: Php30,000 - Php59,999
NOTICE OF FILING OF APPLICATION/S FOR ALIEN EMPLOYMENT PERMIT/S (AEP/S)
Island Cove II, Covelandia Road, Pulvorista, Kawit, Cavite ERWIN FERIONO Indonesian Customer Service Representative Brief Job Description: Manage incoming calls and customer service inquiries
Blk 1, Lots 13 & 14, Southwoods Industrial Park, Carmona,Mabuhay,Cavite
18 MOA CORP.CLOUDZONE
Basic Qualification: Able to speak, read and write Chinese language Salary Range: Php30,000 - Php59,999
Basic Qualification: Able to speak, read and write Chinese language Salary Range: Php30,000 - Php59,999
Island Cove II, Covelandia Road, Pulvorista, Kawit, Cavite RESDI Indonesian Customer Service Representative Brief Job Description: Manage incoming calls and customer service inquiries
Island Cove II, Covelandia Road, Pulvorista, Kawit, Cavite PYONE PA PA HLAING
Basic Qualification: Able to speak, read and write Chinese language Salary Range: Php30,000 - Php59,999
Brief Job Description: Perform highly diversified duties to install and maintain production machines and the plant facility’s equipment Basic Qualification: With experience in general maintenance and repair Salary Range: Php500,000 and above 6 (PHILIPPINES),PRECISIONCAL-COMP INC.
13 HARD PHILIPPINES,DISCOUNTINC.
Blk 1, Lots 13 & 14, Southwoods Industrial Park, Carmona,Mabuhay,Cavite
11 CORPORATIONPHILIPPINESTECHNOLOGYFANDER
SOMASUNDARAM, NAVEEN KUMAR Secondary Process Maintenance Specialist
15 CORPORATIONPHILIPPINESHOCHENG
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 September 07, 2022
21 MOA CORP.CLOUDZONE
SCHAEDEL, CHRISTOPH Regional Manager Brief Job Description: Responsible for maximizing the sales of assigned grocery store Basic Qualification: Must understand & practice the concept of an original hard discount grocery chain Salary Php150,000Range:-Php499,999
Lot 1, Block 1, Solid St., LIIP, Mamplasan, City of Biñan, Laguna KURAMATA, TAKESHI Assistant General Manager Brief Job Description: Assist General Manager in the review of the implementation of internal improvement activities.
19 MOA CORP.CLOUDZONE
AKIRA, MATSUDA Assistant General Manager
AJIL, PUTHAN ASOKAN New Product Introduction Manager Brief Job Description: Manage effective implementation and distribution of new products Basic Qualification: With relevant experience to the job Salary Range: Php500,000 and above 4 (PHILIPPINES),PRECISIONCAL-COMP INC. Lot 11, HY Dimacali Avenue, FPIP II- SEZ, Santa Anastacia, City of Sto. Tomas, Batangas
Notice is hereby given that the following companies/employers have filed with this Regional Office application/s for Alien Employment Permit/s:
109 Unity Ave., CIP I, Canlubang, City of Calamba, Laguna MATSUOKA, MASUMI Manager - Production Control Department Brief Job Description: Manage associates in supporting production activity and making sure the business objectives
L4 L7 Phase 1-3A, PEZA Road, First Cavite Industrial Estate, Langkaan I, City of Dasmariñas, Cavite ZENG, JIE Engineering Manager Brief Job Description: Plan, coordinate and oversee the technical and engineering activities of the company Basic Qualification: Bachelor’s degree preferably in mold design Salary Range: Php30,000 - Php59,999
17 MOA CORP.CLOUDZONE
Island Cove II, Covelandia Road, Pulvorista, Kawit, Cavite JESSICA DELFIANA Indonesian Customer Service Representative Brief Job Description: Manage incoming calls and customer service inquiries
Basic Qualification: Able to speak, read and write Chinese language Salary Range: Php30,000 - Php59,999
Brief Job Description: Assist the President in the overall management of DSPC’s quality control operations.
Wednesday, September 7, 2022BusinessMirror A11www.businessmirror.com.ph
Basic Qualification: With expertise in automotive parts manufacturing company Salary Range: Php90,000 - Php149,999
Island Cove II, Covelandia Road, Pulvorista, Kawit, Cavite MERLIANA Indonesian Customer Service Representative Brief Job Description: Manage incoming calls and customer service inquiries
9 DENSO CORPORATIONPHILIPPINES
GOVINDASAMY, MAGESH KUMAR Secondary Process Equipment Specialist Brief Job Description: Install, replace, or change machine parts and attachments, according to production specifications Basic Qualification: Able to read work orders and specification to determine machines and equipment requiring repair specifications Salary Range: Php500,000 and above 5 (PHILIPPINES),PRECISIONCAL-COMP INC. Lot 11, HY Dimacali Avenue, FPIP II- SEZ, Santa Anastacia, City of Sto. Tomas, Batangas
12 GENSAI CONSULTINGCAREERCORP. Unit F 2/F, Wilbincom Building, J.P. Rizal Ave., Kaybagal South (Pob.), City of Tagaytay, Cavite NAKANISHI, TAKUMI Japanese Translator Brief Job Description: Act as a translator and liaison officer Basic Qualification: With experience as a Japanese translator, should be able to travel to meet client, work under minimal supervision and work well with a team Salary Range: Php30,000 - Php59,999
MARISCAL CABEZA, JUAN JOSE Regional Manager Brief Job Description: Responsible for maximizing the sales of assigned grocery store Basic Qualification: Must understand & practice the concept of an original hard discount grocery chain Salary Range: Php150,000 - Php499,999
Island Cove II, Covelandia Road, Pulvorista, Kawit, Cavite SHINTA AGUSTINA Indonesian Customer Service Representative
Island Cove II, Covelandia Road, Pulvorista, Kawit, Cavite ERIC TAN SHU HUI Malaysian Customer Service Representative
APC Admin Bldg., L1 Blk5 Ph2, PEZA, Silangan I, Rosario, Cavite ZAPATA GONZALEZ, BELEN AYERIM Spanish Premium & Technical Services Representative
38 SMART TECHNOLOGY,WIN INC.
Brief Job Description: Field incoming help requests from end users from the People’s Republic of China via both telephone and work orders in a courteous manner consistent with Chinese standards Basic Qualification: Must be able to fluently speak, write and read Mandarin and other local dialects spoken in other parts of China like Cantonese and Fukien Salary Range: Php30,000 - Php59,999
43 SMART TECHNOLOGY,WIN INC.
37
Brief Job Description: Manage incoming calls and customer service inquiries Basic Qualification: Able to speak, read and write Chinese language Salary Range: Php30,000 - Php59,999 26 MOA CORP.CLOUDZONE
40 SMART TECHNOLOGY,WIN INC.
PARK, DAESUN President Brief Job Description: In charge in executing the provisions of the Board of Directors
Brief Job Description: Manage incoming calls and customer service inquiries Basic Qualification: Able to speak, read and write Chinese language Salary Range: Php30,000 - Php59,999 29 OPERATION INC.TECHNOLOGYMAINTENANCEANDPHILS.
Wednesday, September 7, 2022 BusinessMirrorA12 www.businessmirror.com.ph
RIAN SYAPUTRA Indonesian Customer Service Representative
Brief Job Description: Manage incoming calls and customer service inquiries Basic Qualification: Able to speak, read and write Chinese language Salary Range: Php30,000 - Php59,999 24 MOA CORP.CLOUDZONE
2/F, #24 Sotto St., Bagumbayan Pob., City of General Trias, Cavite MISHRA, ANAND Senior Engineering Manager Brief Job Description: Create and communicate strategic plans for product development by working with engineering teams Basic Qualification: Graduate of any related course, preferably mechanical and chemical or businessrelated course and with 15 to 20 years of work experience in pet Php30,000SalaryrecyclingRange:-Php59,999
Brief Job Description: Answer incoming sales related calls and proactively qualify sales opportunities Basic Qualification: Must be eloquent in English and Spanish language Salary Range: Php30,000 - Php59,999
Southwoods Office Tower 2, San Francisco, Biñan, City of Biñan, Laguna
Southwoods Office Tower 2, San Francisco, Biñan, City of Biñan, Laguna WANG, YIMING Chinese Customer Service Representative
42 SMART TECHNOLOGY,WIN INC. Southwoods Office Tower 2, San Francisco, Biñan, City of Biñan, Laguna
Basic Qualification: Excellent management and decision making Salary Range: Php90,000 - Php149,999
Brief Job Description: Manage incoming calls and customer service inquiries Basic Qualification: Able to speak, read and write Chinese language Salary Range: Php30,000 - Php59,999 28 MOA CORP.CLOUDZONE Island Cove II, Covelandia Road, Pulvorista, Kawit, Cavite LIM TZE YAU Malaysian Customer Service Representative
32
CORPORATIONPHILIPPINESPETVALUE
33
34 CO.MANUFACTURINGPHILIPPINEOFMURATA,INC.
PHILIPPINEASIAELECTRICSCHNEIDERLOGISTICSPTE.LTD.-BRANCH
23 MOA CORP.CLOUDZONE Island Cove II, Covelandia Road, Pulvorista, Kawit, Cavite
39 SMART TECHNOLOGY,WIN INC. Southwoods Office Tower 2, San Francisco, Biñan, City of Biñan, Laguna HUEN KOK SHONG Chinese Customer Service Representative Brief Job Description: Field incoming help requests from end users from the People’s Republic of China via both telephone and work orders in a courteous manner consistent with Chinese standards Basic Qualification: Must be able to fluently speak, write and read Mandarin and other local dialects spoken in other parts of China like Cantonese and Fukien Salary Range: Php30,000 - Php59,999
ZHOU, SUIJIE Chinese Customer Service Representative
Brief Job Description: Field incoming help requests from end users from the People’s Republic of China via both telephone and work orders in a courteous manner consistent with Chinese standards Basic Qualification: Must be able to fluently speak, write and read Mandarin and other local dialects spoken in other parts of China like Cantonese and Fukien Salary Range: Php30,000 - Php59,999
35 SANKYO MACHINE TOOLS PHILIPPINES, INC. Unit 2-10, 2F, Oasis Commercial Center, FPIP Admin Complex, FPIP-SEZ, Santa Anastacia, City of Sto. Tomas, Batangas HAMABE, YUJI Vice President Brief Job Description: Over all in-charge of the Philippine operations of Sankyo Machine Tools Philippines Inc
Basic Qualification: With experience in the same field Salary Range: Php90,000 - Php149,999
Brief Job Description: Field incoming help requests from end users from the People’s Republic of China via both telephone and work orders in a courteous manner consistent with Chinese standards Basic Qualification: Must be able to fluently speak, write and read Mandarin and other local dialects spoken in other parts of China like Cantonese and Fukien Salary Range: Php30,000 - Php59,999
Southwoods Office Tower 2, San Francisco, Biñan, City of Biñan, Laguna HONG YUE LING Mandarin Customer Service Representative
TECHNOLOGYPROCESSINGADVANCEDPHILIPPINE INC. Lot 13, Block 15, Phase III, CEZ, Tejeros Convention, Rosario, Cavite YAMAGATA, TOMOHIRO Production Consultant Brief Job Description: Ensure that the company goals and targets are in line with customer’s requirement Basic Qualification: College level Salary Range: Php90,000 - Php149,999
41 SMART TECHNOLOGY,WIN INC. Southwoods Office Tower 2, San Francisco, Biñan, City of Biñan, Laguna
Brief Job Description: Help the General Manager in directing daily business operations Basic Qualification: Graduate of any Engineering with at least 10 years work experience in plastic injection molding company Salary Range: Php30,000 - Php59,999
ZHANG, YANBO Chinese Customer Service Representative Brief Job Description: Field incoming help requests from end users from the People’s Republic of China via both telephone and work orders in a courteous manner consistent with Chinese standards Basic Qualification: Must be able to fluently speak, write and read Mandarin and other local dialects spoken in other parts of China like Cantonese and Fukien Salary Range: Php30,000 - Php59,999
Brief Job Description: Field incoming help requests from end users from the People’s Republic of China via both telephone and work orders in a courteous manner consistent with Chinese standards Basic Qualification: Must be able to fluently speak, write and read Mandarin and other local dialects spoken in other parts of China like Cantonese and Fukien Salary Range: Php30,000 - Php59,999
DAI, PING Chinese Customer Service Representative
Brief Job Description: Field incoming help requests from end users from the People’s Republic of China via both telephone and work orders in a courteous manner consistent with Chinese standards Basic Qualification: Must be able to fluently speak, write and read Mandarin and other local dialects spoken in other parts of China like Cantonese and Fukien Salary Range: Php30,000 - Php59,999
45 SMART TECHNOLOGY,WIN INC. Southwoods Office Tower 2, San Francisco, Biñan, City of Biñan, Laguna NGUYEN MINH TUAN Mandarin Customer Service Representative
Island Cove II, Covelandia Road, Pulvorista, Kawit, Cavite KAREN SIM XIN YEE Malaysian Customer Service Representative
Brief Job Description: Japanese client support & proposal, technical solution Basic Qualification: 5 years minimum work experience Salary Range: Php150,000 - Php499,999 30 P.L. INCORPORATEDTECHNOLOGY Bldg. 6 Calamba,Batino,CompoundPanorama1,CPIP,CityofLaguna
Basic Qualification: With strong background in handling plastic injection company as operations manager Salary Range: Php60,000 - Php89,999 31
Brief Job Description: Field incoming help requests from end users from the People’s Republic of China via both telephone and work orders in a courteous manner consistent with Chinese standards Basic Qualification: Must be able to fluently speak, write and read Mandarin and other local dialects spoken in other parts of China like Cantonese and Fukien Salary Range: Php30,000 - Php59,999
Lot 2A Phase 1B, FPIPSEZ, Pantay Bata, City of Tanauan, Batangas TRIVIRIYA, PHERAWIT Specialist Brief Job Description: Study and train existing employees about the new product in PMM under industrial department
R & D Building, Filsyn Plant, Don Jose, City of Santa Rosa, Laguna GEN, HIROYUKI Technical Sales Assistant Manager
36 PHILIPPINESSCHLEMMER INC. #3 American Road, GAP, Don Jose, City of Santa Rosa, Laguna LIU, GOUFANG Asst. General Manager
Brief Job Description: Manage incoming calls and customer service inquiries Basic Qualification: Able to speak, read and write Chinese language Salary Range: Php30,000 - Php59,999 27 MOA CORP.CLOUDZONE
44 SMART TECHNOLOGY,WIN INC.
Southwoods Office Tower 2, San Francisco, Biñan, City of Biñan, Laguna HOANG THI PHUC Mandarin Customer Service Representative
Brief Job Description: Manage incoming calls and customer service inquiries Basic Qualification: Able to speak, read and write Chinese language Salary Range: Php30,000 - Php59,999 25 MOA CORP.CLOUDZONE
Island Cove II, Covelandia Road, Pulvorista, Kawit, Cavite SUSANTO Indonesian Customer Service Representative
CORPORATIONPHILIPPINESPETVALUE
2/F, #24 Sotto St., Bagumbayan Pob., City of General Trias, Cavite DESAI, MAULIK RAMESHCHANDRA Senior Production Manager Brief Job Description: Oversee the production process and coordinate all activities to ensure enough resources on hand Basic Qualification: Graduate of any related course, preferably mechanical and chemical or businessrelated course and with 15 to 20 years of work experience in pet Php30,000SalaryrecyclingRange:-Php59,999
By Aamer Madhani The Associated Press ASHINGTON—The Russian Ministry of Defense is in the process of purchasing millions of rockets and artillery shells from North Korea for its ongoing fight in Ukraine, according to a newly downgraded US intelligence finding.
By Heesu Lee & Heejin Kim SUPER Typhoon Hinnam nor left a trail of flooding, power outages and disrup tions after passing through South Korea early Tuesday, though it delivered less de struction than had been fore cast with few early reports of majorHinnamnordamage. hit near the southern city of Geoje at 4:50 a.m. local time and moved off the coast near Ulsan at 7:10 a.m., the Korea Meteorologi cal Administration said. Pro jections from the US Joint Ty phoon Warning Center show the typhoon moving through Korea’s eastern sea, and poten tially making landfall again in easternAboutRussia. 3,500 people were evacuated and 20,000 homes along South Korea’s southern coastline suffered power out ages, Yonhap reported. Sepa rately, Posco said a minor fire broke out at two of its plants in the coastal city of Pohang and the company was checking for damages. Earlier, the meteorological agency had warned of poten tial casualties from what was expected to be the most pow erful storm ever to hit the country. At least one person was reported missing. Storm’s impact HINNAMNOR is currently packing sustained winds of about 104 miles (167 kilo meters) per hour with gusts around 127 mph, according to the US warning center. While the typhoon is moving away from land, the impact of the massive storm is still being felt across South Korea and even parts of Japan. Kyushu Electric Power Co., the utility provider for Japan’s southwestern prefectures in Kyushu, said that over 30,000 buildings in the region are with out power due to the typhoon, while telecommunications pro vider KDDI Corp. said service has been disrupted in some parts of theStill,country.there were signs early Monday that business in South Korea was beginning to return to normal, with buses in Busan and Ulsan scheduled to start operating again during the morning. Hyundai Motor Co.’s union said the company would resume work before noon while Hyundai Heavy Industries Co. and Dae woo Shipbuilding & Marine En gineering Co. planned to restart in the afternoon. No casualties or damage were reported at the facilities of the automaker and two shipbuilders.
CHENG XUELI/XINHUA VIA AP Earthquake kills 65, triggers landslides in southwest China B
AP/LEO CORREA
KOREAN Air Lines Co. said it will restart flights to Jeju Island in the morning, while flights to Busan will resume in the afternoon. Asiana Airlines Inc. will resume flights to Jeju after 11 a.m. Six nuclear reactors on the southeast coast had been run ning at lower rates ahead of the typhoon. They will operate at a reduced rate for now until the situation returns to normal, ac cording to a spokesman at Ko rea Hydro & Nuclear Power Co.
President Yoon Suk Yeol faced criticism for his response to the floods and apologized to the na tion for “inconveniences” caused by the Yoon,storm.who earlier promised the government would stay alert to protect the lives and safety of citizens, said Tuesday that while Typhoon Hinnamnor has made its way out to sea, it’s too early to express relief because areas with damage still need to be rescued. Hinnamnor has already dis rupted port operations, airline services and schools across Asia since developing last month. Shanghai’s major container port of Yangshan briefly halted termi nal operations. Some schools in both South Korea and China were closed for safety reasons.
KIM YONG-TAI/YONHAP VIA AP IN this photo released by Xinhua News Agency, rescuers transfer survivors across a river following an earthquake in Moxi Town of Luding County, southwest China’s Sichuan Province on Monday, September 5, 2022. Dozens of people were reported killed and missing in an earthquake that shook China’s southwestern province of Sichuan on Monday, triggering landslides and shaking buildings in the provincial capital of Chengdu, whose 21 million residents are already under a Covid-19 lockdown.
Oil refiners, chemical opera tions and the nation’s oldest nu clear power plant had earlier taken precautions amid predictions the typhoon would hammer the resort island of Jeju and the key indus trial city of Ulsan on the country’s southeast coast, disrupting ports and air traffic across the region.
Bloomberg News
SOUTH Korean firefighters rescue a citizen near a river in Ulsan, South Korea on Tuesday, September 6, 2022. Thousands of people were forced to evacuate in South Korea as Typhoon Hinnamnor made landfall in the country’s southern regions on Tuesday, unleashing fierce rains and winds that destroyed trees and roads, and left more than 20,000 homes without power.
State broadcaster CCTV showed rescue crews pulling a woman who appeared uninjured from a col lapsed home in Moxi, where many of the buildings are constructed from a mix of wood and brick. Around 150 people were reported with varying degrees of injuries. Another 28 people were killed in neighboring Shimian county on the outskirts of the city of Ya’an. Another 248 people were reported as injured, mainly in Moxi, and another 12 people were reported missing.
Three of the dead were work ers at the Hailuogou Scenic Area, a glacier and forest nature reserve. Along with the deaths, au thorities reported stones and soil falling from mountainsides, causing damage to homes and power interruptions, CCTV said. One landslide blocked a rural highway, leaving it strewn with rocks, the Ministry of Emergency Management said.
The nation suffered the sec ond major storm in a matter of weeks after Seoul was hit by the heaviest rains in a century in early August, killing at least 11 people.
A US official, who spoke on the condition of anonymity to discuss the intelligence determination, said Monday that the fact Russia is turning to the isolated state of North Korea demonstrates that “the Russian military continues to suffer from severe supply short ages in Ukraine, due in part to ex port controls and sanctions.” US intelligence officials be lieve that the Russians could look to purchase additional North Ko rean military equipment in the future. The intelligence finding was first reported by The New YorkTheTimes.finding comes after the Biden administration recently confirmed that the Russian mili tary in August took delivery of Iranian-manufactured drones for use on the battlefield in Ukraine. The White House said last week that Russia has faced tech nical problems with Iranian-made drones acquired from Tehran in August for use in its war with Ukraine.Russia picked up Mohajer-6 and Shahed-series unmanned aerial vehicles over several days last month as part what the Biden ad ministration says is likely part of a Russian plan to acquire hundreds of Iranian UAVs for use in Ukraine. North Korea has sought to tighten relations with Russia as much of Europe and the West has pulled away, blaming the United States for the Ukraine crisis and decrying the West’s “hegemonic policy” as justifying military action by Russia in Ukraine to protect itself. The North Koreans have hinted interest in sending con struction workers to help rebuild Russian-occupied territories in the country’s east. North Korea’s ambassador to Moscow recently met with envoys from two Russia-backed separatist territories in the Donbas region of Ukraine and expressed optimism about cooperation in the “field of labor migration,” citing his country’s easing pandemic border controls.InJuly North Korea became the only nation aside from Russia and Syria to recognize the indepen dence of the territories, Donetsk and Luhansk, further aligning with Russia over the conflict in Ukraine.
W
Resuming flights
Typhoon passes South Korea leaving trail of floods, outages
PEOPLE walk past a crater from an explosion that hit an area near the Ukrainian Red Cross Society during a Russian attack on Monday, September 5, 2022, in Sloviansk, Ukraine.
EIJING—The powerful earthquake that set off land slides and shook buildings in southwestern China killed at least 65 people and injured hundreds, state media said Tuesday. At least 16 other people are missing a day after the 6.8-mag nitude earthquake struck a moun tainous area in Luding county in Sichuan province, which sits on the edge of the Tibetan Plateau where tectonic plates meet and is hit regularly by quakes. The temblor shook buildings in the provincial capital of Chengdu, whose 21 mil lion residents are already under a Covid-19 lockdown. Power was knocked out and buildings damaged in the his toric town of Moxi in the Tibetan autonomous prefecture of Garze, where 37 people were killed. Tents were erected for more than 50,000 people being moved from homes made unsafe by the quake, the offi cial Xinhua News Agency reported.
AP
BusinessMirror Wednesday, September 7, 2022 The World www.businessmirror.com.ph • Editor: Angel R. Calso A13
US says Russia to buy rockets, artillery shells from N. Korea
On Monday, Blackmore said police were still determining the motive, but on Sunday the chief of the Federation of Sovereign Indigenous Na tions echoes suggestions the stabbings could be drug-related.
James Smith Cree Nation resident Darryl Burns and his brother, Ivor Wayne Burns, said their sister, Gloria Lydia Burns, was a first responder who was killed while trying responding to a call. Burns said his 62-yearold sister was on a crisis response team. “She went on a call to a house and she got caught up in the violence,” he said. “She was there to help. She was a hero.” He blamed drugs and pointed to the colonization of Indigenous people for the rampant drug and alcohol use on reserves.
The elected leaders of the three communities that make up the James Smith Cree Nation declared a local state of emergency.
As the Labor Day holiday weekend drew to a close Monday, police urged Saskatchewan residents who were returning from trips away to look for suspicious activity around their homes before entering. Arrest warrants have been issued for the pair of suspects and both men faced at least one count each of murder and attempted murder.
More charges were expected.
With one suspect still at large, fear still gripped communities in the rural, working class area of Saskatchewan surrounded by farmland that were terrorized by the crimes. One witness who said he lost family mem bers described seeing people with bloody wounds scattered throughout the Indigenous reserve.
Canadian police: 1 suspect in stabbings found dead
F RANKFURT, Germany— Opec and allied oil-produc ing countries, including Russia, made a small trim in their supplies to the global economy Monday, underlining their unhap piness as recession fears help drive down crude prices—along with the cost of gasoline, to drivers’ delight.
Police have given few details about the men. Last May, Saskatchewan Crime Stoppers issued a wanted list that included Myles Sanderson, writing that he was “unlawfully at large.”
democracies plan to impose a price cap on Russian oil aimed at bat tling high energy prices and re ducing oil profits that Russia can use for its war in Ukraine. That’s if the cap works as in tended. Russia could refuse to sup ply oil to countries and companies observing the cap, which would take barrels off the market. The price cap has not been set, and its influence on the global price remainsMeanwhile,unclear.a deal between Western countries and Iran to lim it Tehran’s nuclear program could ease sanctions and see more than 1 million barrels per day of Iranian oil return to the market in com ing months. However, tensions between the US and Iran appear to have risen in recent days: Iran seized two US naval drones in the Red Sea, and US, Kuwaiti and Saudi warplanes flew over the Middle East on Sunday in a show of force. Opec+ countries’ energy minis ters said their September increase of 100,000 barrels a day was only for that month and that the group could meet again at any time to ad dress market developments.
LIZ TRUSS arrives at Conservative Central Office in Westminster after winning the Conservative Party leadership contest in London on Monday, September 5, 2022. Truss will become Britain’s new Prime Minister after an audience with Britain’s Queen Elizabeth II on Tuesday, September 6. AP/KIRSTY WIGGLESWORTH
The decision for October rolls back a mostly symbolic increase of 100,000 barrels per day in Sep tember. It follows a statement last month from Saudi Arabia’s energy minister that the Opec+ coalition could reduce output at any time. Oil producers such as Saudi Arabia have resisted calls from US President Joe Biden to pump more oil to lower gasoline prices and the burden on consumers. Opec+ has stuck with only cautious increases to make up for deep cuts made dur ing the Covid-19 pandemic, which were finally restored in August. Since then, growing worries about slumping future demand have helped send oil prices down from June peaks of over $120 per barrel, cutting into the windfall for Opec+ countries’ coffers but proving a blessing for drivers in the US as pump prices have eased. The supply cut for October is only a small fraction of the 43.8 million barrels per day under Opec+ produc tion goals, but wrong-footed several analysts’ predictions of no change in output. Oil prices jumped after theUSannouncement.cruderose3.3 percent, to $89.79 per barrel, while international benchmark Brent was up 3.7 percent, to $96.50, after the decision.
The amount of oil per day “may seem negligible, but the message from today’s cut is clear: Opec+ thinks they’ve fallen enough,” Co lumbia University energy policy expert Jason Bordoff tweeted. Oil prices have gyrated in re cent months: Recession fears have pushed them down, while worries of a loss of Russian oil because of sanctions over its invasion of Ukraine pushed them up. Recently, recession fears have taken the upper hand. Econo mists in Europe are penciling in a recession at the end of this year due to skyrocketing inflation fed by energy costs, while China’s se vere restrictions aimed at halt ing the spread of the coronavirus have sapped growth in that major worldThoseeconomy.fallingoil prices have been a boon to US drivers, sending gaso line prices down to $3.82 per gallon from record highs of over $5 in June and offering a potential boost to Biden as his Democratic Party heads into midterm elections.
“His body was located outdoors in a heavily grassed area in prox imity to a house that was being examined. We can confirm he has vis ible injuries. These injuries are not believed to be self inflicted at this point,” said RCMP Commanding Officer Assistant Commissioner Rhonda Blackmore, adding they were not sure of the exact cause of death yet.
By Sylvia Hui & Danica Kirka The Associated Press L
By David Mchugh AP Business Writer
By Rob Gillies & Robert Bumsted The Associated Press W ELDON, Saskatchewan—One of the suspects in the stabbing deaths of 10 people in the Canadian province of Saskatchewan has been found dead, and his injuries are not self-inflicted, police said Monday as they continued the search for a second suspect.
ONDON—Liz Truss has been elected as the Conservative Party’s new leader, the party announced Monday, and she will take office Tuesday as Britain’s new prime minister to steer the country through an acute cost-of-living crisis.
The 47-year-old Truss, who is currently foreign secretary, beat former Treasury chief Rishi Sunak after a leadership contest in which only about 170,000 dues-paying members of the Conservative Party were allowed to vote. Truss received 81,326 votes, compared with Sunak’s 60,399. She faces immediate pressure to deliver on her promises to tackle the cost-of-living crisis walloping the UK and an econ omy heading into a potentially lengthyQueenrecession.Elizabeth II is sched uled to formally appoint Truss as Britain’s prime minister on Tuesday. The ceremony will take place at the queen’s Balmoral es tate in Scotland, where the mon arch is spending her summer, rather than Buckingham Palace in London.Thetwo-month leadership contest left Britain with a power vacuum at a time of growing dis content amid spiraling energy and food costs. Prime Minister Boris Johnson has made no major policy decisions since he announced he was stepping down on July 7, and officials insisted that measures to address the energy cost crisis would be deferred until his suc cessor is in Meanwhileplace.tens of thousands of workers have gone on strike to demand better pay to keep up with relentlessly rising costs. In flation is above 10 percent for the first time since the 1980s, and the Bank of England has forecast that will reach a 42-year high of 13.3 percent in October. That’s largely driven by soaring energy bills, which will jump 80 percent for the average household starting next month. “I will deliver a bold plan to cut taxes and grow our economy. I will deliver on the energy crisis, deal ing with people’s energy bills, but also dealing with the long term issues we have on energy supply,” Truss told party members after she was elected. “I know that our beliefs reso nate with the British people: Our beliefs in freedom, in the ability to control your own life, in low taxes, in personal responsibility,” she added. “I know that’s why people voted for us in such numbers in 2019 and as your party leader I intend to deliver what we prom ised those voters right across our greatTrusscountry.”haswon the support of many Conservatives with her zeal in rolling back state intervention and slashing taxes. Both she and her rival Sunak have spoken of their admiration for Margaret Thatcher, who was prime minis ter from 1979 to 1990, and her free-market, small-government economics.Butit’s not clear how Truss’s right-wing brand of conservatism, which played so well with party members—who represent far less than 1 percent of the UK’s adult population—will go down with the wider British public, especially those most in need of government relief to afford essentials like heat ing their homes this winter. Truss has promised to act “im mediately” to tackle soaring en ergy bills, but declined to give any details so far. “The Conservative Party mem bers wanted that message of tax cutting. The country, I would guess, less so,” said Bronwen Mad dox, director of London’s Chatham House think tank. “At the moment you’ve got people deeply rattled, many very, very afraid going into a year where all they can see are rising costs,” Maddox added. “Until she’s got an answer on that, she doesn’t have a claim to the popularity of the country, I think.” While the economy is certain to dominate the first months of the new premier’s term, Truss will also have to steer the UK on the inter national stage in the face of Rus sia’s war in Ukraine, an increas ingly assertive China and ongoing tensions with the European Union over the aftermath of Brexit—es pecially in Northern Ireland. New Zealand Prime Minister Jacinda Ardern congratulated Truss on her win and praised her as a close friend of New Zealand. “She has been a staunch support er of the UK’s ‘tilt’ to the IndoPacific and played a central role in advancing our historic Free Trade Agreement,” Ardern said. Truss will be the UK’s fourth Conservative prime minister in six years, entering Downing Street following Johnson, Theresa May and David JohnsonCameron.wasforced to resign af ter a series of ethics scandals that peaked in July, when dozens of cabinet ministers and lower-level officials quit in protest over his handling of allegations of sexual misconduct by a senior member of hisBothgovernment.Trussand Sunak were key players within Johnson’s Cabi net, though Sunak resigned in the last days of Johnson’s time in office.ATruss government may not sit well with many because it reminds voters too much of Johnson’s misdeeds, said Steven Fielding, a professor of political history at Nottingham University. “She’s basically been elected as Boris Johnson 2.0 by Conservative members—she’s made it very clear that she is a loyal Boris Johnson supporter,” he said. “I think she’s going to find it very difficult to disentangle herself from the whole Johnson shadow.” Truss and Sunak were the fi nal two candidates whittled from an initial field of 11 leadership hopefuls.Under Britain’s parliamentary system of government, the centerright Conservative Party was al lowed to hold an internal election to select a new party leader and prime minister without going to the wider electorate. A new gen eral election isn’t required until December 2024.
Opec+ makes small trim to oil production as global prices fall
Asked if Myles Sanderson was responsible for his brother’s death, Blackmore said police are investigating that possibility, but “we can’t say that definitively at this point in time.”
“We had a murder suicide here three years ago. My granddaughter and her boyfriend. Last year we had a double homicide. Now this year we have 10 more that have passed away and all because of drugs and alcohol,” Darryl Burns said. Ivor Wayne Burns also blamed drugs for his sister’s death and said the suspect brothers should not be hated. “We have to forgive them boys,” he said. “When you are doing hard drugs, when you are doing coke, and when you are doing heroin and crystal meth and those things, you are incapable of feeling. You stab somebody and you think it’s funny. You stab them again and you laugh.”
Regina Police Chief Evan Bray said Damien Sanderson, 31, was found dead near the stabbing sites and they believe his brother, Myles Sand erson, 30, is injured, on the run and likely in the provincial capital of Regina. It was the first time police have identified the two as brothers.
“No one in this town is ever going to sleep again. They’re going to be terrified to open their door,” said Ruby Works, who also lost some one close to her and is a resident of Weldon, which has a population of about 200 and is home to many retirees.
The stabbing attack was among the deadliest mass killings in Cana da, where such crimes are less common than in the United States. The deadliest gun rampage in Canadian history happened in 2020, when a man disguised as a police officer shot people in their homes and set fires across the province of Nova Scotia, killing 22 people. In 2019, a man used a van to kill 10 pedestrians in Toronto. Deadly mass stabbings are rarer than mass shootings, but have hap pened around the world. In 2014, 29 people were slashed and stabbed to death at a train station in China’s southwestern city of Kunming. In 2016, a mass stabbing at a facility for the mentally disabled in Sagami hara, Japan, left 19 people dead. A year later, three men killed eight people in a vehicle and stabbing attack at London Bridge.
Gillies reported from Toronto.
The Associated Press writer Will Weissert in Milwaukee contributed.
While authorities believe Myles is in Regina, about 335 kilometers (210 miles) south of where the stabbings happened, they have issued alerts in Canada’s three vast prairie provinces—which also include Manitoba and Alberta—and contacted US border officials.
“The President has been clear that energy supply should meet de mand to support economic growth and lower prices for American consumers and consumers around the world,” White House press sec retary Karine Jean-Pierre said. “President Biden is determined to continue to take every step neces sary to shore up energy supplies and lower energy prices.” In June, fears that US and European sanctions would take Russian oil off the market helped push Brent to over $123. Prices have fallen sharply in recent weeks as it became clear that Russia is still managing to sell significant amounts of oil in Asia, albeit at sharply discounted prices. But concerns about the loss of Russian supply are still out there because European sanctions aimed at blocking most Russian oil im ports won’t take effect until the end of the year. Other factors are lurking that could influence the price of oil. For one, the Group of Seven wealthy
“This is the destruction we face when harmful illegal drugs invade our communities, and we demand all authorities to take direction from the chiefs and councils and their membership to create safer and healthier communities for our people,” said Chief Bobby Cameron. Blackmore said the criminal record of Myles Sanderson dates back years and includes violence.
Liz Truss elected new Britain Conservative prime minister
The World BusinessMirrorWednesday, September 7, 2022 www.businessmirror.com.phA14
Police in Saskatchewan got their first call about a stabbing at 5:40 a.m. on Sunday, and within minutes heard about several more. In all, dead or wounded people were found at 13 different locations on the sparsely populated reserve and in the town, Blackmore said. James Smith Cree Nation is about 30 kilometers (20 miles) from Weldon.
The discovery of the body came on the second day of a massive man hunt for the pair, who are suspected of carrying out a series of stabbings in an Indigenous community and a nearby town, which also left 18 peo ple injured. It was one of the deadliest attacks in the nation’s history. Authorities have said some of the victims were targeted and others appeared to have been chosen at random on the James Smith Cree Nation and in the town of Weldon in Saskatchewan. They have given no motive for the crimes—but senior Indigenous leaders suggested drugs were somehow involved.
While the manhunt continued, police also issued a provincewide alert for suspects in a shooting on the Witchekan Lake First Nation. Officials said the shooting was not believed to be connected to the stabbings, but such alerts are unusual and the fact that a second occurred while authorities were already scouring the Saskatchewan for the stabbing suspects was notable.
Bangladesh PM visits India to boost bilateral ties, ink trade agreements
emony in the capital, New Delhi, on Tuesday during a four-day visit aimed at boosting bilateral ties. Sheikh Hasina shook hands with her Indian counterpart Na rendra Modi at the Rashtrapati Bhavan Presidential Palace, and officials said the two leaders later in the day are expected to discuss deals on connectivity, energy, food security, and trade. Hasina said the two countries enjoy a friendly relationship fo cused on alleviating poverty and economic advancement. “We can work together so that people not only (in) India, Bangladesh, and also the South Asian people, they can get better life. That is our main focus,” she said. In Bangladesh, her visit is seen as politically significant as it comes ahead of general elections next year. Hasina, who has main tained a warm relationship with India since becoming prime min ister in 2009, will push to bolster investment and trade as well as make progress on long-standing issues such as water-sharing of common rivers, observers say. Over the weekend, Bangladesh’s foreign minister told reporters that the two countries are likely to ink seven agreements cover ing science and technology, water management, and information and“Webroadcasting.hopethevisit will be very successful. It will help achieve our goals,” Dr AK Abdul Momen was quoted as saying by The Daily Star newspaper.Therelationship between the neighbors is crucial, with India being Bangladesh’s largest trad ing partner in South Asia. While China is involved in almost all major infrastructure develop ment schemes in Bangladesh, India is also more eager to take up joint Meanwhile,projects.Bangladesh runs a significant trade imbalance with India, an issue that may be discussed during Hasina’s visit. In the fiscal year 2021-22, Ban gladesh imported goods worth around $14 billion from India while exports to its neighboring country ran lower at $1.8 billion, according to official figures. Au thorities and trade bodies often blame tariff and non-tariff bar riers as well as anti-dumping ob stacles imposed by India for the lowAnotherexports.priority for Hasina may be to make progress on agreements for water sharing of the Teesta River, a major transboundary river that begins in India’s Sikkim state and runs through the north of West Bengal state before flowing intoForBangladesh.decades,there was no move ment on this issue until 2011 when India agreed to share waters dur ing the lean season, between De cember and March—but the deal never went through due to strong opposition from the West Bengal state’s chief minister, Mamata Banerjee.WhenModi visited Bangladesh last year, he reiterated India’s commitment to conclude this agreement but the impasse has draggedHasinaon.last visited India in 2019, when she and Modi agreed on the need to boost efforts to fa cilitate the safe return of hundreds of thousands of Rohingya refugees who fled violence in Myanmar and have since taken refuge in Bangladesh.OnMonday, the Bangladeshi prime minister met with Indi an industrialist Gautam Adani, who recently became the world’s third-richest person, according to Bloomberg’s Billionaire Index. She also spoke with India’s foreign minister and will call on the vice president and president while in New Delhi before leaving for the Indian city of Jaipur on Thursday.
The Associated Press writer Julhas Alam in Dhaka, Bangladesh, contrib uted to this report.
AP/MANISH SWARUP
The other partners are East Timorese state-owned company Timor Gap, which holds a 56 percent stake, and Japanese company Osaka Gas, which holds 34 percent. Woodside said its current focus was on finalizing a production-shar ing contract for Greater Sunrise. “Woodside remains committed to the development of Greater Sunrise provided there is fiscal and regulatory certainty necessary for a commer cially viable development to proceed,” the company said in a statement. “We understand and respect Timor-Leste’s desire to process Sunrise gas in Timor-Leste, however, any development plan will need to be as sessed against the criteria established” in a maritime boundary treaty signed between Australia and East Timor in 2018. Under the treaty, East Timor would receive 80 percent of the Greater Sunrise revenue if the gas is piped to Darwin and 70 percent if it is piped to an East Timorese plant. The treaty also gives Australia power to veto any partner that East Timor might choose. During a visit to the East Timorese capital Dili last week, Foreign Minister Penny Wong warned the nation against going into “unsustain able debt” to the Chinese in building a new gas hub.
AP PHOTO/ACHMAD IBRAHIM
INDIAN Prime Minister Narendra Modi, right, shakes hand with his Bangladeshi counterpart Sheikh Hasina during her ceremonial reception at the Indian presidential palace in New Delhi, India on Tuesday, September 6, 2022. Bangladesh’s prime minister was welcomed to India with a ceremony in the capital, New Delhi, on Tuesday during a four-day visit aimed at boosting bilateral ties.
East Timorese leader flies to Australia for critical talks
By Joe Mcdonald AP Business Writer
BEIJING—Asian stock markets were mixed Tuesday after China promised to speed up the rollout of policy changes to boost anemic economic growth.
Saul Kavonic, an energy analyst for Swiss-based investment bank Credit Suisse, said the industry’s view was that an East Timorese LNG plant was not commercially viable. Kavonic said East Timor was “bluffing” by suggesting China could become involved because the Chinese lacked LNG expertise. Trusting the Chinese to develop the technology would be a “very big bet,” Kavonic said. “Timor would essentially be betting its entire economy on a project being built by a company, for example from China, who has no experi ence in doing this and that would be an exceptionally risky proposition for them,” Kavonic told Australian Broadcasting Corp. Greater Sunrise has been a source of friction between the neighbors since 2002 when East Timor became independent of Indonesia. A treaty signed in 2006 was canceled when East Timor accused an Australian spy agency of bugging government offices in Dili in 2004 to give Australian negotiators an unfair advantage.
Prime Minister Anthony Albanese described Ramos-Horta’s visit that ends Sunday as an opportunity to deepen the two countries’ relation ship, as well as to explore avenues for strengthened cooperation both bilaterally and in the region. “Australia is committed to supporting Timor-Leste’s economic de velopment,” Albanese said in a statement, using East Timor’s Portu gueseMichaelname.Leach, an East Timor expert at Melbourne’s Swinburn Uni versity, described East Timorese talk of international partners as an effort to leverage Australia to agree to an East Timorese gas hub. “The big blocking point is whether it goes to Darwin or the south coast of Timor,” Leach said on Tuesday. “What’s going to happen is anyone’s guess,” Leach added. A joint venture partner in Greater Sunrise, Australian company Woodside Energy, has raised technical concerns about piping the gas to East Timor. While the gas field is much closer to East Timor than to the Australian coast, the route to Darwin is through much shallower water.
By Rod Mcguirk The Associated Press C ANBERRA, Australia—East Timor’s President Jose Ramos-Horta is scheduled to arrive in Australia on Tuesday for a state visit as negotiations over lucrative gas resources reach a critical stage for his impoverished nation. The East Timorese are gaining confidence that they can break a 20year deadlock with the new Australian government over the development of Greater Sunrise, an estimated $50 billion in gas that lies beneath the seabed that separates the two countries. Australia wants the gas to be piped to an existing liquefied natu ral gas export hub at its northern city of Darwin. East Timor expects more economic benefit for the half-island nation of 1.5 million people if Greater Sunrise energy is piped to the East Timorese south coast. Australia and East Timor currently share revenue from the BayuUndan gas field in the Timor Sea that has been piped to Darwin since 2006. But that field is expected to run dry this year. Without further oil and gas revenue, East Timor’s $19 billion sov ereign wealth fund could be spent within a decade, according to La’o Hamutuk, an East Timorese research institute. Ramos-Horta, who shared the Nobel Peace Prize in 1996 with East Timorese Bishop Carlos Belo for their efforts to end conflict in their homeland, has suggested approaching new potential partners includ ing China to finance an East Timor LNG plant. Ramos-Horta has also suggested the Japanese, South Koreans and Indonesians as potential partners.
CURRENCY traders watch monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea on Tuesday, September 6, 2022. AP/AHN YOUNG-JOON
Shanghai gained while Hong Kong declined. Tokyo and South Korea were unchanged at midday. The Chinese Cabinet’s plan ning agency promised Monday to accelerate easier lending and oth er policies but announced no new spending. Economic growth sank to 2.5 percent over a year earlier in the second half, less than half the official annual target. The announcement might “provide a short-term uplift” to sentiment, but investors “ulti mately want to see a stronger recovery,” said Yeap Jun Rong of IG in a report. The Shanghai Composite In dex gained 1 percent to 3,232.24 while the Nikkei 225 in Tokyo was unchanged at 28,618.62. The Hang Seng in Hong Kong shed 0.2 percent to 19,188.25. The Kospi in Seoul was unchanged at 2,403.90 and Sydney’s S&P-ASX 200 gained less than 0.1 percent to 6,855.50. New Zealand retreated while Southeast Asian markets gained.US markets were closed Monday for Labor Day. European markets sank fol lowing Friday’s announcement by Russian gas giant Gazprom that a suspension of supplies through the Nord Stream 1 pipeline would be extended indefinitely. That adds to shortages in Germany and other economies. The deputy director of China’s National Development and Re form Commission, Yang Yinkai, said the agency will “speed up the release of policy effectiveness” to “make up for losses caused by the epidemic in the second quarter,” according to news reports. The government has trimmed interest rates, given entrepreneurs a break on rent and promised other aid to revive the economy after Shanghai and other industrial centers temporarily shut down to fight virus outbreaks. But it is avoiding major spending, possibly for fear of reigniting a rise in hous ing costs and debt that Chinese leaders worry is dangerously high. Also Monday, Beijing freed up more foreign currency holdings of Chinese commercial banks for lending and trading by lower ing the amount they must hold in reserve. The move rolls back an increase imposed last year to limit speculative trading and restrain the rise of the exchange rate of China’s yuan, which has since declined. In energy markets, benchmark US crude gained $1.71 to $88.58 per barrel in electronic trading on the New York Mercantile Ex change. Brent crude, used to price international oils, lost 81 cents to $94.93 per barrel in London. The dollar advanced to 140.48 yen from Monday’s 140.46 yen. The euro gained to 99.49 cents from 99.31 cents.
EAST Timor President Jose Ramos-Horta speaks during a joint press conference with Indonesian President Joko Widodo at the Presidential Palace in Bogor, West Java, Indonesia on July 19, 2022. Ramos-Horta is scheduled to arrive in Australia on Tuesday, September 6, 2022, for a state visit as negotiations over lucrative gas resources reach a critical stage for his impoverished nation.
BusinessMirror Wednesday, September 7, 2022 The World www.businessmirror.com.ph A15
The UN estimates that nearly half of East Timor’s population lives be low the extreme poverty line of $1.90 a day and half of children younger than 5 suffer physical and mental stunting as a result of malnutrition.
N EW comedprimeDELHI—Bangladesh’sministerwasweltoIndiawithacer
Australia’s new government, elected in May, pleased East Timor in July by dropping the 4-year-old prosecution of lawyer Bernard Collaery who was accused of attempting to prove the spying. Oil and gas revenue accounts for 90 percent of East Timorese gov ernment spending.
Asian markets mixed after China promises economic support
China’s foreign investment data distorted by Hong Kong flows
Yet, a look below the headline figure of 17.3 percent expansion in the first seven months of the year shows a less flattering picture. Much of the investment into China actually comes from Hong Kong, and is likely because mainland companies based there are routing funds through the city in a circular journey that’s called “round-tripping.”Thedataalso show that threequarters of the new investment into China has gone into services industries, rather than the crucial manufacturing sector, which the government is promoting to transition the economy toward higher-value production. The figures help to explain why inbound investment has continued to set new records each year despite an increasing number of foreign firms considering curtailing their presence in China as the economy struggles and tensions with other nations rise. US companies surveyed by the USChina Business Council recently said they planned to slow new investment next year, largely because of China’s strict virus controls. “The era of strong FDI inflows seen in the 1990s and the early 2000s is gone,” Raymond Yeung, chief economist for Greater China, Australia & New Zealand Banking Group, wrote in a recent note. “The increase of FDI over the past few years includes a rising presence of Chinese entities based in offshore funding centers, making the expression ‘foreign’ investment somewhat of aTomisnomer.”besure,some foreign companies are still putting new money into China, although the size and speed of that expansion is not as big as some of Beijing’s officials suggest. In the first three months of this year
Ambassador Antonio L. Cabangon Chua Founder Since 2005 ✝
In Air Philippines Corp. vs. Pennswell, Inc (G.R. No. 172835, December 13, 2007), the Supreme Court stressed that trade secrets should receive greater protection from discovery, because they derive economic value from being generally unknown and not readily ascertainable by the public.
In Mirpuri v. Court of Appeals (376 Phil. 628), the Supreme Court noted that the protection of industrial property (like trade secrets) encourages investments in new ideas and inventions and stimulates creative efforts for the satisfaction of human needs. It speeds up transfer of technology and industrialization, and thereby brings about social and economic progress An article by Quisumbing Torres law offices noted that there is no specific law in the Philippines governing trade secrets, although the Intellectual Property (IP) Code recognizes the protection of undisclosed information as an independent IP Traderight.secrets and other confidential commercial information can be protected by contract. In practice, parties tend to stipulate contractual obligations on trade secrets and, in the case of violations, resort to civil action for breach of contract and damages.Itadded that there are also some laws in the Philippines providing for the protection of confidential information, such as the: a. Revised Penal Code prohibits the unauthorized revelation of secrets or confidential information by either private individuals or public officers.b.Food and Drug Act prohibits the unwarranted use or revelation of confidential or undisclosed information, including confidential data consisting of the active ingredient(s), formulation, dosages, clinical data and so on from the registration files of an innovative drug submitted for marketing approval from the Food and Drug Administration (FDA). c. Data Privacy Act protects and regulates the collection, processing and transfer of confidential information insofar as the latter involves personal data (that is, either personal information or sensitive personal information).Therearealso labor cases decided by the Supreme Court that are examples of a protectionist stance towards the trade secrets of employers. In Duncan Association of Detailman-PTGWO v. Glaxo Wellcome Philippines Inc., (GR 162994, September 17, 2004), the Court upheld the validity of the policy of a pharmaceutical company prohibiting its employees from marrying employees of any competitor company, on the rationalization that the company has a right to guard its trade secrets, manufacturing formulas, marketing strategies and other confidential programs and information from competitors.
A broader look at today’s business
The PSA publishes the Agricultural Indicators System series, which includes an annual report on Food Sufficiency and Security. The earliest report that can be viewed on its website was published in September 2010, when the Bureau of Agricultural Statistics (BAS) was not yet incorporated into the PSA. The reference years for the report were 2005 to 2009 and it presented indicators on self-sufficiency ratio and import dependency ratio of selected agricultural commodities. Self-sufficiency ratio or SSR measures the extent to which a country relies on its own production to meet the needs of the local populace while import dependency ratio or IDR indicates the extent of dependency on importation in relation to domestic consumption. BAS noted that a high IDR implies greater dependency on imports. The 2010 report indicated that the Philippines was nearly self-sufficient in onion (white and red) as the SSR was at 97.4 percent in 2009. The country achieved onion self-sufficiency in 2011, when its SSR reached 107.7 percent, indicating that output exceeded the demand for onion that year. Onion SSR fell below 100 percent in 2012 but it stayed above 90 percent until 2014. After 2014, the onion SSR had become erratic based on PSA reports. It was at 84.48 percent in 2015, 47.65 percent in 2016, 84.61 percent in 2017, 61.53 percent in 2018, and 90.5 percent in 2019. The PSA reports indicated that the country is capable of filling all the onion requirements of the domestic market. There are years, however, when the Philippines had to resort to massive importation because of the inability of local output to meet demand. As for garlic, the PSA reports showed that the country had relied heavily on imports for years to plug the supply gap. The latest food sufficiency report revealed that the garlic SSR had fallen to a single digit (See, “PHL to suffer white onion, garlic shortage,” in the BusinessMirror, August 31, 2022). The highest garlic SSR was recorded in 2013, when it reached 71.92 percent. While the PSA and BAS reports showed that local farms had long been unable to meet domestic demand for garlic, based on PSA reports, its SSR had always been at double digits. The garlic supply situation deteriorated starting in 2014, when its SSR fell to 23.3 percent. It took a turn for the worse in 2018, when garlic SSR fell to a single digit.
Legal Bytes Dennis Gorecho
www.businessmirror.com.phWednesday, September 7, 2022 • Editor: Angel R. Calso Opinion BusinessMirrorA16 editorial Food security? PSA numbers say it all OFFici
MEMBER OF
Atty. Dennis R. Gorecho heads the seafarers’ division of the Sapalo Velez Bundang Bulilan law offices. For comments, e-mail info@sapalovelez.com, or call 0917-5025808 or 0908-8665786.
In Extraordinary Attorney Woo episode 14, senior attorney Jung Myeong Seok was hospitalized and was diagnosed to be suffering from Stage 3 stomach cancer. To lighten the mood of their sick boss, the associates went on a hunt for the noodle genius who once ran Atty. Jung’s favorite famous restaurant Haengbok Unfortunately,Noodles.theycouldn’t find the owner of the noodle restaurant. According to his former crew, the business went down after their competition, BuBu Diner, which is now named as Haengun Noodles, stole their recipes and claimed them as theirWhenown.they were able to locate the real owner of Haengbok Noodles, the Hanbada lawyers offered to help him file a lawsuit against the Haengun Noodles owner who stole his crew and his secret recipe.
Aside from garlic and onion, the Philippines had to import rice, coffee, beef, carabeef, poultry, and even roundscad ( galunggong) and tuna, based on the PSA report released in November 2021. The PSA reports are a good starting point for policymakers who are in the process of crafting a plan that would enable the Philippines to increase food production and end the country’s reliance on imports. The pandemic and the economic problems it caused showed us that we can no longer ignore official government data on food sufficiency.
Protection of trade secrets as intellectual property rights
South Korean firms invested a net $4 billion, according to data from the Export-Import Bank of Korea, while Japanese companies invested
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The definition also extends to a secret formula or process not patented, but known only to certain individuals using it in compounding some article of trade having a commercial value. A trade secret may consist of any formula, pattern, device, or compilation of information that: 1) is used in one’s business; and 2) gives the employer an opportunity to obtain an advantage over competitors who do not possess the information.
The Supreme Court noted that a trade secret is defined as a plan or process, tool, mechanism or compound known only to its owner and those of his employees to whom it is necessary to confide it.
Generally, a trade secret is a process or device intended for continuous use in the operation of the business, for example, a machine or formula, but can be a price list or catalogue or specialized customer list. It is indubitable that trade secrets constitute proprietary rights. The inventor, discoverer, or possessor of a trade secret or similar innovation has rights therein which may be treated as property, and ordinarily an injunction will be granted to prevent the disclosure of the trade secret by one who obtained the information “in confidence” or through a “confidential relationship.”
Al government data have been warning citizens and policymakers for more than a decade about the scarcity of agricultural products in the country. These reports about the availability of agricultural products in the market, which are accessible on the Philippine Statistics Authority (PSA) website, have long been warning us about our dependence on imported food items. The country has been importing agricultural products for years to plug the shortfall as clearly shown by official government data, but nothing was ever done to solve the problem.
a net $3 billion in the first half of the year, according to Ministry of Finance data. Round trip via HK HONG KONG was the source of a record 76 percent of all “actually utilized” FDI last year, according to a Bloomberg analysis of government data, and if that ratio holds for this year then 607 billion yuan ($88 billion) of the 798 billion yuan of investment so far this year is from Hong Kong. Researchers at the Chinese Academy of Social Sciences and Nankai University estimate that almost 37 percent of China’s inbound FDI is Flora“round-tripped.”Zhu,directorfor corporate ratings at Fitch Ratings in Beijing, said Chinese high-tech service firms have a relatively high share of roundtripped investment since many are listed offshore. “Most of their funds raised offshore are repatriated to China and counted as FDI,” with some of that circular movement to take advantage of preferential treatment for foreign funding, she said. There is no detailed breakdown available yet for the origin of investment flows this year, but in 2021 new investment from everywhere but Hong Kong grew 8 percent to $42 billion, after dropping in 2019 and 2020. Inflows from Taiwan, Canada, Australia and the Cayman Islands shrank last year. A similar pattern can be seen in completed cross-border mergers and acquisitions. So far this year, there have been almost $24 billion in completed deals from Hong Kong, 35 percent of the total amount of deals into the mainland. The vast majority of the deals from Hong Kong were by mainland companies listed in the city. For instance, Alibaba Group Holding Ltd. and Tencent Holdings Ltd. were part of a consortium that invested $5.2 billion in Ruili Integrated Circuit Co., the biggest inbound deal so far thisTheyear.plateauing of growth in new funds in recent years and the caution expressed by foreign companies about boosting investment into China due to the Covid Zero lockdowns and geopolitical tensions may be raising concern at senior local levels. Vice Premier Hu Chunhua See “China,” A17
T. Anthony C. Cabangon Lourdes M. Fernandez Jennifer A. Ng Vittorio V. Vitug Lorenzo M. Lomibao Jr., Gerard S. Ramos Lyn B. Resurreccion, Dennis D. Estopace Angel R. Calso Ruben M. Cruz Jr. Eduardo A. Davad Nonilon G. Reyes D. Edgard A. Cabangon Benjamin V. Ramos Aldwin Maralit Tolosa Rolando M. Manangan BusinessMirror is published daily by the Philippine Business Daily Mirror Publishing, Inc., with offices on the 3rd floor of Dominga Building III 2113 Chino Roces Avenue corner De La Rosa Street, Makati City, Philippines. Tel. Nos. (Editorial) 817-9467; 813-0725. Fax line: 813-7025. (Advertising Sales) 893-2019; 817-1351, 817-2807. (Circulation) 893-1662; 814-0134 to 36. E-mail: news.businessmirror@gmail.com www.news.businessmirror@gmail.com
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c hinA’S government data show foreign investment into the economy grew by almost a fifth this year, a feat highlighted by officials as evidence global companies are resisting calls from US and European politicians to decouple from the country.
ThE protection of trade secrets is inextricably linked to the advancement of our economy and fosters healthy competition in the industry.
By Jill Lawless | The Associated Press L
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 govern ment revenues and shield legitimate industries from the ill effects of smuggling.
Working as one for the global good China. . . continued from A16
T HE global community is confront ing a number of unprecedented crises: from the ongoing chal lenge of Covid-19 variants and stalled efforts on climate change, to supply chain disruptions and Russia’s unpro voked invasion of Ukraine. Now more than ever, China’s increasing rhetorical and military intimidation is jeopardiz ing regional peace and stability. All these will impact security and well-being of the world. As the UN members meet again in New York this year, it is worth reminding these leaders that all people—including the people of Taiwan—deserve to have their voices heard and to be part of the collaborative effort to tackle these chal lenges for the global good. A beacon of democracy in Asia and a force for good in the world, Taiwan is a valuable partner that can help over come these global challenges. Since the outbreak of the Covid-19 pandemic, Tai wan has provided humanitarian support across the globe, including much-needed masks and medical supplies, as well as developing and sharing its homegrown vaccine. Taiwan also sent over 550 tons of relief supplies to the people of Ukraine following the Russian invasion of their country, in addition to making over US$40 million in donations for Ukrai nianFurther,refugees.Taiwan is committed to com bating climate change, with a blueprint for net-zero carbon emissions by 2050 and policies in place to help achieve the UN Sustainable Development Goals. As the world’s 22nd-largest economy in terms of GDP and a major semiconduc tor manufacturer, Taiwan plays a key role in global supply chains. And as a defender of democracy, Taiwan is work ing to safeguard the status quo and sup port the rules-based international order. While China is using coercion to export its brand of authoritarianism abroad, Taiwan lets its free and open society lead by Sadly,example.Taiwan is unable to participate in the largest and most important forum of global cooperation due to the relent less suppression by the People’s Republic of China (PRC). By deliberately conflat ing its “One China” principle with the UNGA Resolution 2758—the resolution that determined who represents “Chi na” in the organization some 50 years ago—Beijing is misleading the world by spreading the fallacy that Taiwan is a part of the PRC. Contrary to these false claims, the resolution does not take a position on Taiwan, nor does it include the word “Taiwan.” The long-term status quo is, the ROC (Taiwan) and the PRC are separate jurisdictions, with neither subordinate to the other. The people of Taiwan can only be represented in the international community by their free and democratically elected government. The wrongful interpretation of UNGA Resolution 2758 has long de prived Taiwan of the right to participate in the United Nations and its specialized agencies, and it also denied the inter national community of an opportunity to benefit from Taiwan’s contributions. Worse yet, the PRC’s efforts to rewrite Taiwan’s status at the UN further under mine global peace and stability. Beijing’s recent dangerous military maneuvers surrounding Taiwan is a case in point. The UN Charter states clearly that the purposes and principles of the United Na tions are to maintain international peace and stability, and that international disputes should be resolved by peace ful means. However, Beijing continues to conduct military exercises in areas around Taiwan, undermining the sta tus quo in the Taiwan Strait, escalating tensions, impacting international trade and transportation, and putting regional peace and security at risk. Such irrespon sible actions need to be condemned and brought to a halt. Given the current cir cumstances, it is even more important that UN and its member states stop al lowing such a member, which ironically is a member of the UN Security Council, to dictate the positions of the organization to suit its own political agenda. Acqui escing to China’s wrongful claims over Taiwan will only destabilize the region, which is also against the very purpose of theTaiwanUN. will resolutely defend its sov ereignty and security. As a responsible member of the international community, Taiwan will also continue to exercise restraint in response to China’s provo cations, and work together with likeminded countries to uphold peace and stability in the region. And as we have shown the world over the years, we will continue to fulfill our international re sponsibilities by actively engaging with and contributing to the international community.Thetheme of the 77th session of the UN General Assembly, “A watershed moment: transformative solutions to in terlocking challenges,” pointedly reminds us of the grave challenges facing the in ternational community: the Covid-19 pandemic, food and energy shortages, disrupted global supply chains, and climate change, the list goes on. When the UN talks about “joint solutions” and “solidarity” to tackle “interconnected cri ses,” we could not agree more. Taiwan is more than willing and able to be part of such joint solutions. And the 23.5 million resilient Taiwanese people surely should not be excluded from such important globalWeefforts.arethankful that countries worldwide are beginning to realize what Taiwan can offer, and many sup port Taiwan’s robust participation in the UN system. Among them, the European Parliament overwhelmingly approved a resolution on July 6 this year expressing support for Taiwan’s meaningful partici pation in international organizations. The G-7 countries have also expressed similar support. In particular, US Sec retary of State Antony Blinken publicly encouraged all UN member states to join the United States in support of Taiwan’s meaningful participation in the UN sys tem last October. Our shared obstacles require all hands on deck. Those grave intercon nected crises cannot be resolved until the entire world comes together. Taiwan has proved to be a reliable and indispensable partner, and the people of Taiwan stand ready to contribute. Let’s work together as one for the global good! The author is the Minister of Foreign Affairs, Republic of China (Taiwan)
ONDON—as a child, Liz Truss marched in demonstrations against Conservative Prime Minister Margaret Thatcher. as an adult, she came to admire Britain’s first female leader—and now she is about to enter No. 10 Downing St. with a Thatcherite zeal to transform the UK.
I am pleased that the House Com mittee on Ways and Means has initi ated a probe on palm oil smuggling in April. Committee Chairman and Albay Rep. Joey Salceda estimated that government revenue losses has reached P45 billion as a result of the misdeclaration of P300 billion worth of palm oil as animal feeds additives. Exposing this illegal entry of palm oil is a good start. I am just wondering, after the House probe, what’sCoconutnext?industry players have been complaining to me that im ported palm olein has been flood ing the market. This smuggled oil is allegedly being sold in the country as cooking oil. If this is true, this smuggled product will kill the coco nut oil Ourindustry.coconutoil is currently being used as biodiesel additive. Some of the complaints I received was that palm olein products are not only sold as cooking oil in the country; they are also being used as biodiesel additives, giving unfair competition to our coconut oil. Copies of Bureau of Animal In dustry (BAI) records and from the Bureau of Customs show that based on import arrivals of palm olein, mil lions of kilograms of crude palm oil entered the country as additives for animal feeds. The BAI is the agency that issues sanitary and phytosani tary certificate for these imports. What I find extremely anomalous is the fact that importation of palm olein being declared as additives to animal feeds has been growing by leaps and bounds despite the fact that the Philippine hog sector has been devastated by African swine fever outbreaks. In 2017, inspected net weight of palm olein imports was recorded at 2,781,370 kilograms; the figure went up to 8,515,376 in 2018. Here’s what I find anomalous: The Food and Agriculture Organization said that “since the Department of Agriculture confirmed the first out break of African swine fever in the Philippines in July 2019, as of July 2022, 53 provinces, 704 cities and municipalities, and 3,832 barangays have experienced ASF outbreaks.” There was an unresolved ASF out break until July this year, but im ports of palm olein being declared as additives to animal feeds surged to 14,281,972 kilograms in 2021! When the Food and Drug Admin istration was still the agency that determined whether the imported palm oil is unfit for human consump tion, and hence categorized as animal feeds, palm olein imports did not breach the million-kilogram mark.
For example, palm oil imports in 2016 only reached 721,730 kilograms. It was only after the authority to declare that the imported palm oil is unfit for human consumption and classified as animal feeds addi tives was transferred to BAI from the FDA that a dramatic surge of palm oil imports was observed. This was done through BIR Revenue Memo randum Circular No. 100-2021 is sued on September 14, 2021, which amended RMC Nos. 55-2014, 662014 and 78-2014. In our TV program “Dito sa Bayan ni Juan” at the SMNI News Channel, which is hosted by Chief Presidential Legal Counsel Juan Ponce Enrile and yours truly, we had a chance to interview the BAI Director who ad mitted the surge in palm oil imports. Sadly, he does not know whether or not the feed millers are using these imports. We volunteered to help if BAI will conduct an investigation to determine where the huge volumes of palm olein imports go, but we have not heard from the BAI official sinceWethen.have an anomalous situation that can cause a triple whammy to the country: First, the government is losing billions of pesos in foregone revenues as a result of the misdecla ration of palm oil imports as animal feeds additives; second, palm olein imports unjustly compete with our own coconut oil products in the mar ket, which may ultimately kill the coconut industry; third, millions of jobs will be lost if coconut farmers stop planting the crop and coconut oil mills are forced to stop opera tions. This is bad for the Philippine economy.Afterhearing the litany of com plaints from coconut farmers and lo cal coconut oil manufacturers, here’s my humble proposed solutions: First, let’s stop the bleeding that could kill our coconut industry. It would do well for the Bureau of Ani mal Industry if it starts monitoring palm oil imports declared as animal feeds additives. It can do this by requiring importers to declare and make an official list of the feed mill ers that buy their palm oil imports. The agency must monitor how much palm oil is added to feed products and check this against production output. Second, the government should have a complete list of those selling biodiesel. This way, it can check their activities whether they are truly add ing coconut oil or palm oil to their biodieselThird,products.whichIthink is urgently important, is to involve the Philip pine Coconut Authority in keeping track of palm oil imports. The PCA has the requisite industry knowl edge and is mandated “to promote the rapid integrated development and growth of the coconut and other palm oil industry in all its aspects.”AstheChairman of the Federation of Philippine Industries, it is my vi sion to see the Philippines becoming a super market of edible oils. Right now, there are already budding palm oil plantations in the country. These plantations need government and private sector support to become vi able enterprises, which will be able to compete in the global stage and earn dollars for the country. We can help our coconut industry and our budding palm oil plantations by stopping the practice of palm oil smuggling. As I have been saying for the longest time in our fight against smuggling, this is the worst form of economic sabotage.
recently called for the government to work harder to both shore up existing foreign investment and attract new money. Services focus W HERE the money is going is also of concern. Services industries have received the vast majority of inflows, rather than the manufac turing and high-tech sectors that are the focus of government efforts to boost Howeverinvestment.whilenew foreign funds for manufacturing were well down from the peak in 2011, that dy namic may have started to shift last year and into this year, according to Fitch’s Zhu. FDI into manufacturing has grown faster than total FDI since Feb ruary 2022, she said. She pointed to a 50 percent jump in manufacturing investment into the industrial pow erhouse Jiangsu province in the first six months of this year and a rise in money going to Sichuan, which is a center for electric vehicles. However other provinces haven’t been so fortunate this year, with in vestment into Shanghai only start ing to recover in June after the twomonth lockdown was lifted, and flows to Guangdong in the first seven months still below the same time last year. The lockdown of Sichuan’s capi tal of Chengdu may now affect how investors see that city, especially if it is shut for months as Shanghai was.
“We’re expecting foreign invest ment into China to soften in 20222026, particularly when bench marked against a bright FDI outlook for emerging markets in Southeast Asia,” said Nick Marro of the Econo mist Intelligence Unit in Hong Kong. “This is partly a Covid story, partly a growth story, and partly a geopolitics story, as China’s fraying diplomatic ties generate anxieties around pro tectionism, but also around over exposure to things like sanctions, tariffs and compliance with export controls.” With assistance from Fran Wang, Yujing Liu, Lin Zhu, Tom Hancock, Fion Li, Sam Kim and Yuko Takeo /Bloomberg
By Jaushieh Joseph Wu
Wednesday, September 7, 2022 Opinion A17BusinessMirrorwww.news.businessmirror@gmail.com
Palm oil smuggling: Triple whammy to the countryLiz Truss: An heir to Thatcher intent on shaking up Britain Dr. Jesus Lim Arranza MAKE SENSE
Ihave been writing in this space that smuggling is costing the Philippine government up to P250 billion in foregone value added tax every year. Now comes another big issue, which is the smug gling of palm oil that could kill the country’s coconut industry that employs millions of Filipinos.
Truss, Britain’s foreign secre tary, was named winner Monday in the contest to replace the scandalplagued Boris Johnson as Conserva tive Party leader and the country’s prime minister. The party said Truss won the votes of around 57 percent of Conservative members, compared with about 43 percent for ex-Treasury chief Rishi Sunak. Truss, 47, will become Britain’s third female prime minister, after Thatcher, who governed from 1979 to 1990, and Theresa May, who held office from 2016 to 2019. Conservative Party members have embraced Truss’ vows to slash taxes and red tape and keep up Brit ain’s staunch support for Ukraine. Some see echoes of the Iron Lady— as Thatcher was known—in Truss’s vision of a “network of liberty” bind ing democracies around the world. To critics, Truss is an inflexible ideologue whose right-wing poli cies won’t help Britain weather the economic turmoil set off by the pan demic, Brexit and Russia’s invasion of Ukraine.MarkLittlewood, a libertarian commentator who has known Truss since their university days, said Brit ain’s new leader is less a conservative than a “radical,” who—like Thatcher —wants to “roll back the interven tion of the state” in people’s lives. “I’m expecting a lot of fireworks and a lot of controversy and a lot of action,” he said. Born in Oxford in 1975, Mary Elizabeth Truss is the daughter of a math professor and a nurse, who took her on anti-nuclear and antiThatcher protests as a child, where she recalled shouting: “Maggie, Mag gie, Maggie—out, out, out!” In a 2018 speech, she said she began developing her own politi cal views early, “arguing against my socialist parents in our left-wing household.”Thefamily lived in Paisley, Scot land, before moving to Leeds in northern England, where Truss at tended a public high school — some thing that sets her apart from her many privately educated Conserva tiveDuringcolleagues.theleadership campaign, Truss emphasized her relatively modest background. But she riled some former classmates and teachers when she said students at her school were “let down by low expectations, poor educational standards and a lack of opportunity.” The school’s alumni include academics, judges and several other members of Par liament.Truss went on to Oxford Univer sity, where she studied philosophy, politics and economics—the de gree of choice for many aspiring politicians—and was president of the university branch of the Lib eral Democratic Party. The eco nomically centrist Lib Dems back constitutional reform and civil liberties, and Truss was an enthu siastic member, putting up “Free the Weed” posters that called for decriminalization of marijuana and arguing in a speech for the abolition of the monarchy. Littlewood, who was a fellow member of the Oxford Lib Dems and now heads the Institute for Economic Affairs, a free market think tank, re members Truss as “headstrong and determined and outspoken.” “You were never in any doubt where she stood on an issue or a per son,” he said. After Oxford, Truss joined the Conservative Party—“when it was distinctly unfashionable,” she later said.She worked as an economist for energy company Shell and telecom munications firm Cable and Wire less, and for a right-of-center think tank while becoming involved in Conservative politics and espous ing free market Thatcherite views. She served as a local councilor in London and ran unsuccessfully for Parliament twice before being elected to represent the eastern England seat of Southwest Nor folk in 2010. She won the safely Conservative seat after a bump on the way—some local Conservatives were outraged when it was revealed she had had an affair with another MP when both were married to other people. Truss won over her critics, and her marriage survived. She and husband Hugh O’Leary, an accountant, have two teenage daughters. She founded the Free Enterprise group of Thatcherite Tory lawmak ers who produced “Britannia Un chained,” a political treatise that notoriously included the claim that British workers are “among the worst idlers in the world.” David Laws, a former Cabinet minister who worked with Truss in government a decade ago, recalled her as energetic and “mind-bog glingly ambitious,” comparing her in his memoir to “a young Margaret Thatcher on speed.” Truss got her first Cabinet job as food and environment secretary in 2014, making her biggest impres sion with a much-mocked speech in which she thundered that it was “a disgrace” that Britain imports twothirds of its cheese. In Britain’s 2016 referendum on whether to leave the European Union, Truss backed the losing “re main” side, though she says she was always a natural euroskeptic. Since the vote, she has won over Brexiteers with her uncompromising approach to theSheEU.became justice secretary, but she was demoted to a more junior role in the Treasury by May in 2017. When May was toppled by her repeated fail ure to break a political deadlock over Brexit, Truss was an early backer of Boris Johnson to replace her. When he won, Johnson made Truss trade secretary, a role in which she Insta grammed her way around the world signing post-Brexit trade deals and raising her profile. In September 2021, she was ap pointed foreign secretary, Britain’s top diplomat. Her performance has drawn mixed reviews. Many praise her firm response to the invasion of Ukraine, and she secured the release of two British citizens jailed in Iran, where her predecessors had failed. But EU leaders and officials who hoped she would bring a softer tone to Britain’s relations with the bloc have been disappointed. Amid trade wrangling, Truss introduced legisla tion to rip up parts of the binding UK-EU divorce agreement signed by both sides. The 27-nation bloc is taking legal action against Britain in return.Trusshas sometimes suggested the frequent comparisons to Thatch er are sexist, but at other times she has encouraged them. She has posed in a British Army tank in Eastern Eu rope, evoking an image of Thatcher during the Cold War. In a televised leadership debate, Truss sported a pussy-bow blouse just like one Thatcher used to wear. By stressing her modest back ground, she is evoking comparisons to grocer’s daughter Thatcher, said Victoria Honeyman, associate pro fessor of British politics at the Uni versity of Leeds— “the working-class girl done good.”
A18 Wednesday, September 7, 2022
SENATE probers on Tuesday terminated an inquiry into the sugar importation fiasco as they adjourned their fourth hearing after coming close to citing in contempt exSugar Regulatory Administration (SRA) head Hermenegildo Serafica for changing testimonies. He suddenly claimed that President Ferdinand Marcos Jr., who stopped Sugar Order No. 4 (SO 4) allowing importation of 300,000 metric tons of sugar, had toyed with the idea of importing double that volume.
At the fourth and final Senate Blue Ribbon Committee hearing on Tuesday, former Sugar Regu latory Administration (SRA) chief Hermenegildo R. Serafica revealed that Marcos floated an import proposal of 600,000 MT in an “online” meeting last Au gust 4, information he withheld in previous testimony, causing a furor among senators.
Pascual, meanwhile, also pitched to the Indonesian businessmen “the digitalization of government ser vices at all levels to improve further the ease of doing business in the Philippines and enhance our overall productivity and competitiveness.” He said the Philippines contin ues to invest in physical and cyber infrastructure, power generation and transmission, and logistics, as well as in modern and efficient air, land, and sea transport facilities. A s for export-oriented invest ments, we have our network of free trade agreements to make produc tion in the Philippines competitive in foreign markets. We will work closely with our part ners in Indonesia in making sure that as we respond to their needs and interests, the work translates into real gains for both our countries. With that, I invite each one of you to make it happen in the Philippines,” Pascual stressed.
The HLS clus ter is meant to make the Philippines self-sufficient in pharmaceuticals as well as relevant and related areas such as medical devices, health-care services, and therapeutic systems, given the health-care situation un earthed by the Covid-19 pandemic. Pascual said “we look forward to working with foreign investors in building dynamic industry ecosys tems” in the three strategic clusters.
Tolentino grills Serafica BLUE Ribbon Committee head Sen. Francis Tolentino grilled Serafica on why he only divulged such details during Tuesday’s proceedings.Thecommittee has held four hearings since late August, in cluding Tuesday’s, regarding the so-called “fiasco” behind SO 4, which would have authorized the importation of 300,000 metric tons of raw and refined sugar. Continued on A5
Pascual touts PHL perks to Indon bizmen
A side from the CREATE law, Pas cual also pitched to the Indonesian businessmen some of the flagship programs that he’s been pushing for under his watch as head of DTI, in cluding industrial transformation. Partners, as we work towards building a competitive economy, we are paving the way for our country’s industrial transformation—the kind that is driven by science, technology, and innovation,” Pascual underscored. W ith his thrust for industrial transformation, he said the ultimate goal is “to avail of the opportunities for participating in the global value chains of global industries undergo ing reconfiguration brought about by the pandemic and emerging geo political situation.”
By Butch Fernandez @butchfBM
He laid down the three strategic clusters: the Industrial, Manufactur ing, and Transport cluster (IMT); the Technology, Media, and Telecommu nication cluster (TMT); and the Health and Life Sciences (HLS) cluster. T he IMT cluster provides the Phil ippines with upgrading opportuni ties in aerospace, automotive, and semiconductors. The TMT cluster provides the country with opportuni ties to digitize services.
Blue Ribbon chairman Sen. Fran cis Tolentino, backed by Senate President Miguel Zubiri, declared that the investigating committee is satisfied with what it has gathered so far and will quickly work—“to give justice” to sugar workers and farmers and the public— to produce a report on the inquiry, which was triggered by a privilege speech of Zubiri.Before the adjournment of the hearing, Zubiri asked Executive Secretary Vic Rodriguez—who went to the hearing as senators voted to issue a subpoena—to make a final clarification on Se rafica’s new claim about Marcos asking if they needed to import 600,000 metric tons of sugar. I categorically deny there was an instruction from the Presi dent to even consider or to import 600,000 metric tons of sugar for SO 4,” Rodriguez said. B efore adjourning, the Blue Ribbon panel considered citing Serafica in contempt for alleg edly attempting to mislead the committee with varying testimo nies, but stopped short of doing so when Sen. Ronald dela Rosa, who was “inclined to cite” him for contempt, said it seemed useless since Serafica is only participat ing online in the hearing because he has Covid-19. B efore adjourning, the Blue Ribbon also received a copy of the SRA inventory report on the status of sugar in the country, documents on which were based the decisions behind earlier sug ar orders for importation. The Blue Ribbon inquiry was sparked by Zubiri’s privilege speech on the the alleged fiasco behind SO 4, which the SRA recalled after posting online, after Malaca ñang disowned the President’s supposed consent—based on the “for the President” signature made by the chief of staff of his concurrent position as Agricul ture Secretary. ES Rodriguez appears EARLIER , the absence of Rodri guez sparked a suggestion for the Blue Ribbon to compel his attendance.Thus,panel chairman Tolenti no ordered the issuance of a sub poena against him for his failure to appear before the committee’s two consecutive hearings. “Out of the 17 members of this commit tee, there was a vote conducted and a ballot envelope was used resulting in the following: 14 members participated in a secret balloting. Out of the 14 members, 11 members voted to subpoena Executive Sec. Victor Rodriguez, three members voted no, and three members abstained,” To lentino said after the holding of the executive session. W hen he finally appeared, Ro driguez told senators, “I would like to sincerely apologize if you have to resort to the issuance of the subpoena to compel my presence today. I have no inten tion whatsoever to disrespect the honorable members of the Senate, and the Senate as an in stitution.”Meanwhile, also at the hear ing, Sen. Joseph Victor “JV” G. Ejercito lamented the apparent non-implementation of the Sug arcane Industry Development Act (SIDA) of 2015 Law, which Ejercito coauthored back in the 16th Congress. Ejercito lamented the lost time and opportunities to implement the SIDA Law be cause the SRA, the Department of Agriculture and the Bureau of Customs seemingly lean towards sugar importation rather than “revitalize and stimulate the sugar industry as a whole.”
Senate ends sugar imports probe; Rodriguez appears
T he continuation of the Sen ate’s inquiry on the infamous sugar order (SO) 4 import fiasco led to new surprises and confu sion after new information was divulged by a resource speaker.
INFORMANTS “Dream” and “Mashu” pose with Philippine Drug Enforcement Agency (PDEA) officials led by Director General Wilkins M. Villanueva (extreme right) after receiving their cash rewards of P8 million for Dream’s information that led to four successful operations, and P500,000 for Mashu’s info, which led to the seizure of 109,495.35 grams of dried marijuana leaves, stalks and fruiting tops and the arrest of two drug personalities in Kalinga on February 25, 2022. Others in photo are Director III Charlene R. Magdurulang, PDEA Chief of Staff; Assistant Secretary Diosdado C. Carreon, Deputy Director General for Administration; and Assistant Secretary Gregorio R. Pimentel, Deputy Director General for Operations. NONOY LACZA
EX-SRA CHIEF’S ‘600K MT SUGAR IMPORT’ FLOAT STIRS SENATE HEARING
By Jasper Emmanuel Y. Arcalas @jearcalas W HO is lying? The Senate Blue Ribbon Commit tee on Tuesday was put in a quandary on who was telling the truth over a supposed sugar import proposal of 600,000 met ric tons (MT) allegedly floated by no less than President Ferdinand R. Marcos Jr., which Executive Secretary Vic Rodriguez cate gorically denied, and one sugar miller described as a “lie.”
S erafica testified that he told the President during the “on line” meeting that 600,000 MT of sugar imports is “too much” since some mills have started to accept canes and will soon oper ate to produce raw sugar. T he “online” meeting, which Serafica was referring to, was also attended by Executive Secre tary Rodriguez and former SRA board member Aurelio Valder rama, the former SRA chief said. “ During that online meeting with the President and [Execu tive Secretary], [Valderrama] was there, the President men tioned a volume of 600,000 metric tons and I said ‘Mr. Presi dent, that may be too much,’” Serafica told lawmakers during the hearing. Serafica added that Valderrama can confirm what he just revealed, which Valderrama did later.
By Andrea E. San Juan TRADE Secretary Alfredo E. Pas cual urged Indonesian business men to invest in the Philippines, noting that the country offers attrac tive incentives to investors through the Corporate Recovery and Tax Incen tives for Enterprises (CREATE) law. “ The Philippines is open for business. Recent policy reforms, particularly on foreign investment ownership and other restrictions as well as on incentives, have made the Philippines more conducive for foreign businesses, including those from Indonesia,” Pascual said in his opening remarks during a roundta ble meeting with Indonesian busi nessmen on Monday. He cited the CREATE law, a re form measure, which he said offers investors “attractive” incentives based on investment tiers, locations, and activities. As of August 2022, Indonesia belongs to the top 10 net foreign direct investment (FDI) sources of the Philippines.
GCash Chief Risk Officer Rose Ann Beroña said transferring the confirmation messages from SMS to in-app will ensure that GCash notifications are legitimate. “GCash has been relentless in protecting the funds and personal data of our customers. Migrating the transaction confirmation messages from text messages to the app inbox will help ensure users are only getting legitimate messages regarding their GCash transactions,” she said. The in-app messages will start in September starting with confirmation messages for bills payment. Money transfers and airtime top up confirmation messages will also be migrated at a later time.
The said shares will come from the company’s increase in authorized capital stock to P11.25 billion from the previous P10.25 billion.each stock will have a par value of P50 each and will be sold at between 18 percent and 25 percent discount per entitlement right, the company said. Globe shares were last traded at P2,166Pricingapiece.date is set on September 8, while the start of offer will begin on October 3 and end on October 7. The proceeds from the SRO will be primarily used for pre-payment or repayment, repurchase of all or a portion of certain borrowing, including interest and other liabilities availed by Globe for its capital expenditures (capex) and for other capital expenditure plans. BPI Capital Corp. has been picked as the deal’s sole global coordinator, domestic lead underwriter and joint bookrunner while UBS AG Singapore branch is the sole international underwriter and bookrunner. PNB Capital and Investment Corp. is the domestic co-lead underwriter. In February, the company announced that it has allotted P89 billion for its capex program this year. The amount is 4 percent lower than the P92.8 billion it spent in 2021. The company said in a disclosure to the stock exchange that the money will be used to build more cell sites, upgrade existing ones, deploy 4G and 5G radios, and add more fiber lines across the country. l a st year, Globe aggressively expanded its fixed line and wireless networks, building 1,407 new cell sites, upgraded over 22,300 mobile sites, installed more than 2,000 5G radios, and installed 1.4 million fiber-to-the-home lines. Aside from announcing its capital outlays program for 2022, Globe also reported that it netted P23.7 billion in profits last year, a 27-percent increase from last year’s P18.6 billion. Its core net income stood at P21.2 billion, which is 9-percent higher than the year prior, fueled by the 4-percent increase in net income to P151.5 billion, but this was partially offset by the effects of Typhoon Odette to its total operating expenses of P76.6 billion.
Authorities expect the Indonesian economy to expand 5.1 percent-5.4 percent this year and 5.3 percent in 2023.That doesn’t mean there are no concerns. China’s slowing growth will likely hurt demand for commodities and the Federal Reserve’s resolve to keep raising rates is expected to weigh on the global economy and exports. But for now, the optimism has spilled over into other Indonesian markets. Government bonds have gained almost 2 percent this quarter to beat all their emerging Asian peers while the rupiah has proven to be the most resilient against a resurgent dollar during theInperiod.thecorporate dollar bond market, the average premium demanded by investors to hold the nation’s US currency credit dropped 46 basis points this quarter, the most among its peers in the region. Indonesia marketed a benchmark-sized dollar bond on Tuesday, with the debt being offered across three tenors, from 5 years to 30 years. Investors have been buoyed by the nation’s improving credit fundamentals. The government announced a lower fiscal deficit target of 2.85 percent of gross domestic product for 2023, below the mandated 3 percent threshold, while its current account position has been boosted by rising commodity prices.
BusinessMirrorEditor: Jennifer A. Ng Companies B1Wednesday, September 7, 2022
The Securities and exchange Commission (SeC) has permanently stopped Astrazion Noble Task Community Foundation, Astrazion Global holdings Philippines Inc. and Astrazion International from offering their digital currency to the public.
Bloomberg News
ARChIPel AGO Renewables Corp., the special purpose vehicle of Maharlika Consortium, is investing P1 billion for the construction of a smart microgrid in Palawan.Theconsortium is composed of W energy Global, Maharlika Clean Power holdings, and Clean Grid Partners. It recently won as the qualified third party (QTP) provider of the Palawan electric Cooperative (Paleco). It will build a distribution network, consisting of approximately 175 kilometers of primary and secondary power lines, that is energized by 3,800 kilowatt (kW) solar, 2,000 kW diesel generators, and batteries with a total capacity of 4,200 kWIthour.also signed a QTP service contract to energize over 7,100 households and 300 small local businesses through 16 microgrids spread over 14 barangays in seven municipalities across the service area of Paleco in Palawan.Theconsortium will be replicating W energy Global’s flagship microgrid in varying sizes of microgrids, which has been providing 24/7 electricity to the households and businesses of Barangay Cabayugan, home to the Puerto Princesa Underground River. According to Quintin Pastrana, President of Maharlika Clean Power, the tender is "unique" for the Philippines since this is the first time that smart and clean microgrids have been packaged for a competitive selection“Theprocess.Philippines still has over 10 million people with unmet access to electricity. The best technology to electrify the community and boost their productivity for the best tariffs and the lowest reliance on subsidies and dependency on fossil fuels was selected. With this milestone, we can provide clean, reliable, and affordable energy to empower individuals, families, and enterprises in remote communities across Palawan." The consortium met the stringent eligibility and renewable energy smart microgrid capability requirements set by Paleco and the Department of energy (DOe) in a competitive selection process authorized by the DOe and the National electrification Administration, and undertaken by Paleco's Bids and Awards Committee.Wenergy Global official said smart technologies would produce stable quality of electricity in terms of voltage, current and frequency at an affordable cost.
The JCI has advanced for two straight months and Citigroup Inc. analysts including Ferry Wong expect it to climb to 7,575 by yearend. A key exporter of commodities such as palm oil, coal, nickel and tin, Indonesia has benefited from a surge in prices and its stock market has beaten all its major Asian peers this year. even for a dollar-based investor, the benchmark has climbed 6 percent, an attractive return when you consider the MSCI AC World Index is down some 20 percent in 2022. Global funds have poured almost $5 billion into Indonesian equities this“Commodityyear. and energy stocks with good financial reports, especially coal, are expected to continue to book higher profits and dividend distributions are certainly attractive,” said Panin Asset Management Director Rudiyanto. It also helps that Bank Indonesia has adopted a more measured approach toward normalizing policy, as it only began tightening last month with a quarter point hike. The authorities have been able to buy themselves time by using the reserve requirement and bond sales to mop up excess liquidity in the financialSentimentsystem.has also been boosted by an improving economic outlook after the nation’s annual budget unveiled last month included plans to shrink the fiscal deficit and return growth to pre-pandemic levels.
Globe board approves cut in size of stock rights offer
VG Cabuag
GCash steps up efforts to protect users from scams Consortium to invest in Palawan microgrid
Photo from www.wenergyglobal.com
In a resolution dated August 11, the SeC made permanent the issued the cease and desist order (CDO) against the Astrazion Group, as it denied the motion filed by the firm for the lifting of the order. The SeC issued the cease and desist order against the Astrazion Group on May 12, after finding that the group has operated an online multi-level marketing platform where it actively promoted the sale of its digital currency called AZNT Token for 10 cents per token. The group offered seven packages with guaranteed returns of 3 percent per day. The starter package worth $100 could yield $300 in 100 days, while the double platinum package guaranteed a whopping $30,000 within the same period from an initial investment of $10,000. The Astrazion Group enticed the public to invest by assuring members that the AZNT Tokens would be registered and listed as a cryptocurrency at Coin Market Cap, and would be traded in the digital currency trading platform Binance. The AZNT token’s value could allegedly rise to $10 from its current price of 10 cents. Aside from the supposed potential surge in value of the AZNT Token, the Astrazion Group promised investors a residual income and direct referral income distribution. Payouts were supposed to be released through Coins.ph. The scheme involved the sale and offer of securities to the public in the form of investment contracts, whereby a person invests his money in a common enterprise and is led to expect profits primarily from the efforts of others, according to the SeC Astrazion Global and Astrazion Foundation were registered corporations with the SeC but it never secured a secondary license as issuer of securities or broker dealer nor registered any securities for public offering.Astrazion International was not registered with the SeC as a corporation or partnership. In their motion to lift the CDO, the Astrazion Group argued, among others, that the sale of the tokens to non-members did not constitute sale of investment contracts because the scheme was decentralized and did not rely primarily on the efforts of others to earn a profit. The group added that the AZNT Tokens could not be considered as securities under the purview of the Securities Regulation Code (SRC) because they were functional and not speculative in the sense that they were intended to be used, in the future, for payment of goods andTheservices.SeC,however, dismissed the arguments of the Astrazion Group, noting that the SRC adopted a very broad definition of securities, which was intended to be liberally construed to achieve the main purpose of its enactment—the regulation of the issuance and sale of securities, and the prevention of fraud. “The law considers investment contract[s] as securities because what the purported issuer is, or will be using to further his business is money put in by the public who expects a return of their investment,” the SeC “Fromsaid.this perspective, and in the rule on the liberal construction of the concept of securities, the term investment contract should include and cover all forms and varieties thereof which are known or considered, or ought to be known or considered to be such, in the financial world."The SeC said it has consistently held that an investment contract is considered to exist once it is determined that the proponent is offering to the public an opportunity to contribute money and to share in the profits of the operations. “In this regard, the importance of a ‘common enterprise’ managed by the proponent in furtherance of the business comes into play considering that purchasers who are normally untrained in finance, merely rely on the proponent’s knowledge and expertise in carrying out the grand investment scheme,” it said. “More importantly, it should be emphasized that in our jurisdiction, a transaction or scheme where a person uses or intends to use money or property of others with a promise of profits is presumed by law to be an investment contract which should be registered with the Commission prior to the offer/sale thereof."
SEC halts operations of Astrazion
By Lenie Lectura @llectura
By Lorenz S. Marasigan @lorenzmarasigan
By VG Cabuag @villygc
“Aside from improving security, we hope this move makes the experience of GCash users more seamless and convenient as we strive to make their everyday lives better.” She added that the fintech player is “ramping up efforts against fraudsters and scammers,” but is also reminding its 66 million users to be “extra vigilant when making transactions.”Beroñasaid part of its security campaign is the deployment of “state-of-the-art and real-time risk monitoring to capture various suspiciousGCashactivities.”isalso blacklisting accounts with fraudulent transactions. It has also partnered with the Philippine National Police–AntiCybercrime Group as well as the National Bureau of Investigation Cybercrime Division (NBI-CCD), and the Cybercrime Investigation and Coordinating Center (CICC) of the Department of Information and Communications Technology (DICT).Beroña said the company is “also building an insurance portfolio to make their experience safer than ever including an Online Shopping Insurance which would protect users from online selling scams.” AT a time when most of the world’s stock markets are languishing due to the Federal Reserve’s tightening cycle, Indonesia’s equity benchmark is pushing toward a record high.
FINANCIA l technology (fintech) player GCash announced on Tuesday it is moving confirmation messages from text messages to an in-app inbox to “improve security” and provide customers easier access to their transaction history.
The benchmark Jakarta Composite Index (JCI) closed just 0.6 percent away from a peak set in April after briefly surpassing that level. elevated commodity prices and optimism about the economic outlook are driving gains in Southeast Asia’s biggest equity market—which has powered its way to a gain of almost 10 percent this year. From stocks to credit and sovereign debt, Indonesia has emerged as a haven of sorts from the turmoil fueled by rising US interest rates. A less aggressive pace of policy tightening and resilient growth have left the economy in a better shape to withstand the fallout from a global downturn.“Indonesia is still relatively attractive with strong growth and favorable commodity prices,” said Mandiri Investasi President Director Aliyahdin Saugi. “Fiscal and monetary policies are still quite good, so that rupiah stability is maintained. Foreign investors should see that this is still quite positive for Indonesia, and they can support our market.”
Energy crisis makes Asia’s stock market darling irresistible
The board of listed Globe Telecom Inc. has reduced the size of the telco's stock rights offering (SRO) by almost half to P17 billion, from the previous P32 billion.
Joseph Araneta Gamboa
➜ Bpi extends auto loan promo THE Bank of the Philippine Islands (BPI) announced it joins the upcoming Philippine International Motor Show (PIMS), a biennial event that brings auto manufacturers and distributors together to showcase their latest vehicles and technologies. BPI said in a statement that as the PIMS’s exclusive auto financing partner, the lender will extend its promo, which will offer qualified PIMS attendees with waived fees of up to P171,000, as well as exclusive partner offers and free insurance. Now on its 8th edition, PIMS 2022—organized by the Chamber of Automotive Manufacturers of the Philippines Inc. (CAMPI)—is slated on September 15 to 18 at the World Trade Center in Pasay City. “Given that events are slowly going back to normal, BPI would like to support the recovery of the motoring industry,” BPI Retail Lending Head Dennis Frond was quoted in the statement as saying.
Reshaping the future with transformational change
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BusinessMirror Editor: Dennis D. Estopace • Wednesday, September 7, 2022 B3www.news.businessmirror@gmail.com
Forum on water security PRIOR to Finex’s annual convention, it will host a water forum on September 20 also at the Fairmont Makati. “Sustainable Path to Water Security for the Philippines” is the subject of the hybrid-format event organized by Finex in collaboration with water.org and ACCRA Law. This whole-day affair seeks to increase the awareness and appreciation of Filipinos on the need to take immediate action regarding water security. Despite the emergence of water as a first line of defense during the current pandemic, it has not been given enough priority for the public and private sectors to work together towardsGlobally,sustainability.$114billion is needed annually until 2030 to address the water sector’s financing gap. Across the world, nations have laid out their plans towards water security. For instance, US Vice President Kamala Harris recently launched the White House Action Plan on Global Water Security, a landmark whole-ofgovernment effort to achieve a water-secure world. In its 14th 5-Year Plan, China has likewise reiterated that water is a top priority for its next 100 years of development.Hereathome, the National Economic and Development Authority (Neda) unveiled the Philippine Water Supply and Sanitation Roadmap in September 2021. The Neda plan articulates all the challenges faced in obtaining sustainable access to safe water. More significantly, it is a call to action and commitment focusing on the need for proper governance and financing.
By Bianca Cuaresma @BcuaresmaBM THE Bangko Sentral ng Pilipinas (BSP) reported last Tuesday that the banking industry maintained a positive growth outlook amid lingering local and international challenges, its survey showed.According to the Central Bank, banking industry leaders shared optimistic views regarding the country’s economic prospects based on the results of the Banking Sector Outlook.Survey (BSOS) for the second semester of 2021. “The banks’ level of optimism on the country’s economic prospects is also reflected in their overall outlook for the Philippine banking system [PBS] with expectations of doubledigit growth in assets, loans, deposits and net income for the next two years,” the BSP said. The BSOS aims to provide insights of bank management on the strategic direction of the industry and emerging risks and trends. “Amid the long tail of the Covid-19 pandemic, the Philippine banking system is projected to withstand the legacy risks and challenges of the Covid-19 pandemic within the next two years on account of its stable and sound capital and liquidity buffers, ample loan loss reserves, good earnings performance and prudent risk governance,” the BSP said. In terms of loan quality, a lower number of respondents—or around 57.3 percent from 63.5 percent in the previous BSOS—estimate a nonperforming loan (NPL) ratio of above 5 percent in the next two years. By banking group, the topmost NPL ratio projection of universal and commercial banks shifted to between greater than 2 to 3 percent from the greater than 3 to 5 percent tier in the first semester of 2021. Meanwhile, 42.7 percent of respondents project an NPL coverage ratio in the range of 51 percent to more than 100 percent. The survey also showed that banks have mixed projections regarding restructured loans as 30.1 percent of respondents estimate a restructured loan ratio of more than 5 percent. By contrast, about 23 percent of respondents predict a more conservative restructured loan ratio of between 1 and 2 percent. “This reflects continued efforts of banks to grant financial relief to their borrowers through modifications in their loan payment terms. Philippine banks also intend to maintain risk-based capital, leverage, and liquidity ratios at levels higher than domestic and global standards to promote institutional stability,” the BSP said. T HE cryptocurrency market appears by some measures to be poised to break out of the narrowest trading range in almost two years. Based on one gauge, the leverage ratios for the two largest tokens by market value “Bitcoin and Ether” are at the highest on record even with prices of both down more than 50 percent this year. That is calculated by taking the amount of open interest for perpetual swap contracts and dividing that by the amount of coins held in reserve on exchanges, according to blockchain data-site CryptoQuant. “Folks think the market has stabilized and are willing to make bigger speculative positions,” said Darius Sit, co-founder of Singapore-based crypto investment fund QCP Capital, who pointed out that traders who see a so-called tail risk—or the chance of a loss happening due to a rare event—are “getting priced out.” Crypto traders tend to favor perpetual contracts—which, unlike traditional calendar futures, don’t expire—in part, because it allows them to keep highly leveraged positions in place. Bitcoin, which accounts for about 40 percent of the estimated market value of all cryptocurrencies, traded last week within a range of about 5.4 percent, the narrowest since October 2020, data compiled by Bloomberg show. The lull two years ago was followed by a months-long surge in prices that eventually pushed Bitcoin to a then-record high in April 2021. Cryptocurrencies have stagnated since June, when prices tumbled in the aftermath of the collapse of the Terra stablecoin ecosystem, the demise of hedge fund Three Arrows Capital and the bankruptcies of Voyager Digital and Celsius Network. Bitcoin advanced 1.3 percent to $19,993 at 10:09 a.m. in London on Tuesday, while Ether was up 3.9 percent at $1,660. Despite recent hawkish comments from the Federal Reserve about inflation and the economic slowdown continuing to weigh on riskier assets including crypto, more traders appear to be putting on bullish leveraged bets. Overall, the biggest catalyst of the growing leverage is likely the highly anticipated upgrade on the Ethereum blockchain later this month. The most commercially important network is set to move from its current system of using miners to a more energy-efficient one using staked coins. Data collected by blockchain research firm Kaiko show that perpetual swap contracts’ open interest denominated in Ether reached an all-time high at the end of August. “As we get closer to the Merge, ETH leverage will continue to build up,” said Shiliang Tang, chief investment officer at crypto asset investment firm LedgerPrime. At the same time, funding rates for both Bitcoin and Ether perpetuals have turned negative in the past few weeks, according to data-site Skew. Exchanges use the so-called funding rate—or the cost to trade—to tether the contracts to their underlying spot price. When the rate is positive, those who hold long positions are paying interest to investors who are short, and vice visa. Kaiko estimated that traders are biased to the downside because they’re either betting on an unsuccessful or delayed transition of Ethereum to proof of stake or are hedging long spot Ether positions ahead of the Merge.
“The growth of leverage with more bears could result in a short squeeze, as over-leveraged bears get liquidated if prices move up,” said Andrew Tu, head of growth for crypto algorithmic-trading firm Efficient Frontier, which takes neutral positions in trading.
Bloomberg News
The lender said its “Upay” offers a selection of payment methods and channels their clients can choose from, ranging from debit and credit cards, bank transfers and e-wallets. “UPAY is equipped with a variety of tools for a quick and hassle-free payment solution. It accepts widely used payment channels and has an advanced reporting and reconciliation system that provides access to useful payment and collection data,” UBP Senior Vice-President and Corporate Products Head Dino N. Velasco was quoted in the statement as saying. “Having a simple yet complete payment system makes for a better overall experience not only for our clients but for their clients as well.” The lender said adopters of the app BloomincludeSolutions Inc. and the Supreme Court (SC) of the Philippines. “It has given us the ability to receive payments from different banks, through different channels—this means that our bank-end processes are more efficient and responsive when issues arise,” Bloom Solutions COO Justin David was quoted in the statement as saying. The SC, on the other hand, recently launched their Judiciary Electronic Payment System (JEPS) using UPAY as its integrated unified payment and collection platform. “With JEPS, payment transactions with the Court are made more convenient. Litigants no longer need to physically go to the courthouse to pay court fees because they now have the option to pay online at any location and at their most convenient time,” lawyer Jed Sherwin Uy, Deputy Clerk of Court and Chief Technology Officer, was quoted in the statement as saying. “Transactions are also processed real-time.”
➜ Atr AM trust launches fund ASSET and wealth manager ATRAM Trust Corp. announced it has launched a new multi-asset fund that capitalizes on Asian growth potential. ATRAM, the first stand-alone trust corporation in the Philippines, said the first stand-alone trust corporation in the Philippines, its “Asian Multi-Asset Income Feeder Fund”—made available first for ATRAM Prime app investors—invests in “high-quality Asian businesses, which have proven track records of generating sustainable cash flows, giving the fund a reliable income stream.” “It’s important to recognize that the world that we’re currently in is actually very different from before, and therefore we need to find very nimble and niche opportunities within the region,” Schroders Investment Plc Director Chloe Shea was quoted in a statement as saying. Forecasts show that there are positive catalysts that will help Asian equity, and Asia as a region, outperform developed markets, helping make the case for investing in Asian equities stronger.
Lender launches digital platform for payment, collection processes
With three years and five months to maturity, the security would have fetched an average rate of 5.592 percent had it been fully awarded. This is beyond the benchmark secondary market rates of 5.203 percent for the 3-year tenor, 5.455 percent for the 4-year tenor and 5.199 percent for the security itself. However, the auction was oversubscribed with total tenders reaching P40.7 Nationalbillion.Treasurer Rosalia V. De Leon said investors are factoring in
By Bernadette D. Nicolas @BNicolasBM THE Bureau of the Treasury fully rejected bids for reissued 3.5year Treasury Bonds (T-bonds) as investors continued demanding higher yields on the back of rate hike expectations. a possible rate hike from the Bangko Sentral ng “DemandPilipinas.stillgood but rates provided excessive buffer anticipating Fed hawkish rhetoric and expectation MB [Monetary Board] may continue higher rate hikes,” De Leon told reporters after the auction.Earlier, Chairman Jerome Powell signaled the US Federal Reserve would remain hawkish as the world’s largest economy wrestles with inflation that rose to 8.5 percent in July, albeit lower than expected.Locally, inflation rate slowed to 6.3 percent in August from the 6.4 percent recorded in July, data released by the Philippine Statistics Authority last Tuesday showed. Nonetheless, last month’s figures remained higher than the 4.4 percent posted in August 2021. Year-to-date, inflation averaged 4.9 percent, still beyond the government’s target band of 2 percent to 4Followingpercent. the August inflation data release, the Bangko Sentral ng Pilipinas (BSP) expressed readiness to take further policy actions to bring inflation within target. The BSP recently raised its main benchmark rates by another 50 basis points as it expects the inflation rate to reach 5.4 percent for this year, higher than its previous forecast of 5 percent. For this month, the Treasury is set to borrow P200 billion from the local debt market in September, of which P140 billion will be through Treasury Bonds and another P60 billion from T-bills. This year, the government is set to borrow a total of P2.21 trillion, of which 75 percent will be sourced locally while the remaining 25 percent will come from foreign sources. As of end-July this year, the national government’s outstanding debt has soared to a new recordhigh of P12.89 trillion, an increase of P96.09 billion or 0.8 percent during the first month of the Marcos administration from P12.79 trillion as of end-June. The country’s debt-to-GDP ratio slightly eased to 62.1 percent in the second quarter of the year from 63.5 percent in the first quarter. However, this remained above the economy.60-percentinternationally-recommendedthresholdforahealthy ofonoptimisticBanksgrowthindustry
BSP:
Banking&Finance BTr: Investors hedge vs BSP rate hike
Crypto traders see escape from tightest range in 2 yrs
Joseph Gamboa is the chairman of the Finex Media Affairs Committee and director of Noble Asia Industrial Corp. The views expressed herein do not necessarily reflect the opinion of these institutions and the Business Mirror #FinexPhils www.finex.org.ph
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➜ pDiC bags 2 Quill Awards THE Philippine Deposit Insurance Corp. (PDIC) announced it bagged two Quill Awards in the recently concluded 19th Philippine Quill Awards organized by the International Association of Business Communicators (IABC). The PDIC said it won an Excellence Award for its 2019 Annual Report entitled “Taking the Helm, Onward to a New Horizon.” The report communicates the state deposit insurer’s public service accomplishments for depositor protection, good governance, and financial stability, guided by its revitalized Vision statement crafted in the same year. Meanwhile, its national multimedia public awareness campaign “Maniguro, Magbangko” won a Merit Award. The campaign is a pioneering nationwide multi-platform public awareness program to promote the habit of saving in banks among Filipinos.
The lender said the app was developed as digital adoption was marked with “massive growth,” with internet usage penetration reaching close to 70 percent of the Philippine population at the start of 2022, pushing the growth in annual spend on online consumer goods purchase to 26 percent (approximately valued at $17“Thisbillion).drove businesses to accelerate their digital transformation initiatives and improvements, particularly in the areas of receiving payments and collections, to be able to optimally cater to the demands of a still rapidly growing digital economy,” UBP said.
THE Financial Executives Institute of the Philippines (Finex) will hold the 2022 Finex Week on October 3 to 7 with the theme of “Reshaping the Future with Transformational Change.” Highlighting the 5-day event is the 54th Annual Finex Conference on October 5 at the Fairmont Hotel in Makati City. This will be the first inperson annual conference of the country’s foremost finance organization since 2019. Kicking off the sessions will be a series of virtual conferences via Zoom about “The Transformative Power of Finance in Life and Business” on October 3 and “Is Your Company Ready? Understand Global Investment Opportunities and Risks” on October 4. “Financial Inclusion as Enabler for Transformational Change” is the topic for October 6 while “Emerging Giants in Asia Pacific: The Secret to Business Success” will cap the annual convention on October 7. At the hybrid midweek conference on October 5, there will be sessions on the following topics: ESG as a value creation tool; boosting financial inclusion digitally; and, financing the Philippine innovation ecosystem. Global leaders and resonant speakers shall lead the discussions on these relevant topics. After the three plenary sessions, the organization’s members will unwind at the Finex Night event in the same hotel. During lunch break at this limited face-to-face conference, Finex and CityState Savings Bank (CSBank) will launch their partnership in financial literacy targeting the C, D, and E socioeconomic brackets. Celebrating its silver anniversary this year, CSBank is spearheading this joint advocacy program through a weekly newspaper column to be written by Finex members in Pilipino Mirror, the business tabloid published by the ALC Group of Companies.Nexttobe rolled out are broadcast programs on DWIZAM station and IZTV network, both of which are part of the ALC Group. Content for these two shows shall be provided by resource persons from Finex, who will be discussing basic issues on personal finance and financial inclusion for the masses.
A BOITIZ-FAMILY led Union Bank of the Philippines Inc. (PSE: UBP) announced it has launched a platform that allows businesses to “manage the end-to-end payment and collections process.” In a statement issued last Tuesday, the lender said the app called “Upay” can also be used by companies and small-scale and medium-scale enterprises to “transform their web and mobile applications into a super app.” UBP didn’t say how much it spent to develop the app.
BY
RUSSIA SANCTIONS 25 MORE AMERICANS, INCLUDING PENN, STILLER
FULL OF CONTRADICTIONS WHO is the actor who’s an advocate for clean living but also drinks heavily and vapes? He was actually spotted vaping at a press conference and someone took a video of it. He was lucky that his management was able to do damage control. The actor also likes to call himself a man who is close to his family but he badmouths them to his friends and close fans. He always says he is closer to his fans than to his family. He really is full of contradictions. HIS NEW TARGET THE politician is known for liking girls who are even younger than his children. Now that the beauty queen he has been besotted with is too old for his age, his latest target is a young star who has found international stardom. The star is legally an adult and for now, she isn’t reciprocating the politician’s attentions but he is known to be persistent. It is rumored that he won the beauty queen’s “yes” by bringing her to different locations in the Philippines and abroad. The young star he likes now is tied to a contract. Let’s see what the politician does to go around that.
Solution to today’s puzzle:
Jane Fonda says she has cancer, is dealing well with chemo
John Harwood exits CNN amid changes at the news channel
H: Avoid conflicts; work behind the scenes. HH: You can accomplish, but don’t rely on others. HHH: Focus and you’ll reach your goals. HHHH: Aim high; start new projects. HHHHH: Nothing can stop you; go for gold.
HoroscopeToday’s By Eugenia Last CELEBRITIES
ACROSS 1 Minor in astronomy? 5 Chest muscle, for short 8 Around the Horn channel 12 Some gardening tools 13 Tapioca balls 14 Snooped 15 Only state with a three-word capital 16 You ___ what you sow 17 App with stories and reels, briefly 18 “... and then something funny happens” 21 Get closer 22 Merit 23 Kosher restaurants observe one 28 Matzo ball ___, aka Jewish penicillin 31 Currently broadcasting 32 Un-even? 33 Funny Bombeck 34 Burnable music holders 35 Hollywood fame 39 McKellen who played Magneto 40 “Next To Normal” composer Tom 42 ___ to the Women on Long Island (Olivia Gatwood poem) 43 Words on a Wonderland cake 45 Person with future prospects? 46 Evidence of laundering 49 Katsudon grain 51 View as 52 Superpower that can alter material existence...and a feature of the starred clues’ answers 58 Ruth who played Lady Macbeth 59 Lion’s bellow 60 “Sign me up!” 61 Barely defeated 62 Screws up 63 “Toodle-oo!” 64 Throw 65 Crossed (out) 66 Annual Austin festival, for short DOWN 1 “Not a chance, dude” 2 Bread served with curry 3 Close tightly 4 “Foolish” singer 5 Art form that might be in free verse 6 Auction site 7 Accessory for Thor or Storm 8 Hospital trauma pro 9 “Yes, miss!” in Spanish 10 Animals in family photos 11 Confidentiality doc 13 Prickly plant 14 City where tourists often pretend to hold up a tower 19 Raises 20 Fresh hairstyle 23 Places to tie up boats 24 Not from a big studio 25 Hidden bonuses in many Marvel films 26 Oscar winner Sophia 27 Sum up 29 Savory taste 30 Individual frame in a comic book 36 Marisa who plays Aunt May 37 “Without further ___...” 38 Device that’s “fed” 41 Prioritizes by severity 44 Places to apply deodorant 47 Bella’s vampire husband 48 The Last Five ___ (off-Broadway musical) 50 Dressed 52 Try again 53 Dino with a big head and little arms 54 Days of ___ 55 Big name in the theater biz? 56 Little quibbles 57 Chew (on) 58 Badminton court divider ‘that’s twisted!’ AMANDA RAFKIN
FINAL SAY HOW true is the report that two beauty queens were supposed to be the face of a big big project but at the last moment, the foreign principals wanted a change because the photo shoot didn’t turn out well? Two of the foreign principals reportedly said the other beauty queen wasn’t fit for the project because in the photos, she looked cheap. So the people behind the project had to improvise and come up with a solution to the problem. The two beauty queens were told the foreign principals wanted “to take another direction” and all’s well that ends well. Another celebrity was considered for the project before the two beauty queens and she thought she had it in the bag. Apparently, most of the foreign principals didn’t like her, too.
B4 Show Wednesday, September 7, 2022 • Editor: Gerard S. Ramos www.businessmirror.com.phBusinessMirror
The Universal Crossword/Edited by Amanda Rafkin
AP
DEADBEAT DAD THE actress recently went on a social-media rampage in connection with her ex, a musician. The ex reportedly left the actress and their child and never even tried to contact the latter. Needless to say, he also never sent support for the child. While he was involved with the actress, the musician was embroiled in a number of scandals related to sexual assault. One of his alleged victims is said to have filed a case against him and this alleged victim was someone he worked very closely with.
Last month, CNN canceled its weekly Reliable Sources media analysis show after three decades on the air, and host Brian Stelter left the network. The show appeared to be an early casualty in CNN’s effort to be less confrontational politically—a priority of Chris Licht, who became the network’s chairman and CEO in the spring, and his boss, David Zaslav, head of the Warner Bros. Discovery parent company. Harwood came to CNN in 2020 from CNBC, where he was chief White House correspondent.Abouttwohours before Harwood announced he was leaving CNN, he was onair discussing President Joe Biden’s speech on Thursday, in which Biden called former President Donald Trump an extremist treat to theHarwoodnation.said that Biden’s “core point in that political speech about the threat to democracy is true. Now that is something that is not easy for us as journalists to say. We’re brought up to believe there’s two different political parties with different points of view, and we don’t take sides in honest disagreements between them. “But that’s not what we are talking about. These are not honest disagreements. The Republican party right now is led by a dishonest demagogue,” Harwood said, in part. AP RUSSIA imposed personal sanctions on Monday on 25 Americans, including actors Sean Penn and Ben Stiller, in response to US sanctions against Russians stemming from the conflict in Ukraine. US Commerce Secretary Gina Raimondo was on the new sanctions list, as were several American senators: Mark Kelly and Kyrsten Sinema of Arizona, Kevin Cramer of North Dakota, Mike Rounds of South Dakota, Rick Scott of Florida, and Pat Toomey of Pennsylvania. Russia’s Foreign Ministry said the group, which also included business leaders, academics and government officials, would be banned permanently from entering Russia. Previous rounds of Russian sanctions against Americans have included President Joe Biden and members of his family, as well as lawmakers and business leaders. The US has sanctioned numerous Russians, including government officials and business people. Penn and Stiller have been outspoken critics of Russia’s invasion of Ukraine. Penn is an activist involved in relief work, among other causes. Stiller is a goodwill ambassador for the UN High Commissioner for Refugees.
BORN ON THIS DAY: Evan Rachel Wood, 35; Shannon Elizabeth, 49; Toby Jones, 56; Michael Emerson, 68.
LOS ANGELES—CNN White House correspondent John Harwood said he’s exiting the news channel, an abrupt departure that comes amid other CNN changes.“Today’s my last day at CNN,” Harwood said in a tweet posted on Friday. He said he was proud of the work and called himself “lucky to serve the best in American media,” including stints at the St. Petersburg Times, Wall Street Journal, NBC and CNN. “Look forward to figuring out what’s next,” he said on Twitter. “We appreciate John’s work covering the White House, and we wish him all the best,” CNN said in a statement.
ARIES (March 21-April 19): Your hard work will pay off, and what you gain in the process will motivate you to keep moving forward. The confidence you earn and the backing of influential people will lead to better days ahead. Progress and HHHH TAURUS (April 20-May 20): Indecisiveness will be your downfall. Put time and effort into fact-finding and assessing situations. Decisions will factor into how much respect you receive from others. Don’t let your emotions interfere with doing HH GEMINI (May 21-June 20): You’ve got momentum; don’t look back or slow down. Keep your eye on the target, and you’ll reach your destination on time and with a healthy attitude. Don’t be shy; recognize your strengths and accept credit where CANCER (June 21-July 22): Handle domestic and financial matters carefully. Be practical and ready to say no to anyone looking for a handout. Offer suggestions and physical assistance, but don’t pay for someone else’s mistake. HHH LEO (July 23-Aug. 22): Put more emphasis on finding the truth and taking care of anything that may stand between you and whatever you want to pursue. Listen to what’s being said and offered, and mastermind a way to use this information to your VIRGO (Aug. 23-Sept. 22): Have a plan in place. High energy coupled with intuition and getting along well with others will get you where you want to go. Don’t let anger or frustration stand between you and your dreams. Face situations head-on and play to win. HHH LIBRA (Sept. 23-Oct. 22): Speak passionately and pursue your goals. Share with someone you look up to, and the input you receive will enrich your vision. Don’t let disappointment set in if someone decides to head in a different direction. Do what’s best for you. HHHHH SCORPIO (Oct. 23-Nov. 21): Do what you must, then move on to something more pleasurable. Rewarding yourself will give you the boost you need to trust and believe in yourself and what you want to pursue. A partnership will provide you with the leverage to explore possibilities. HH SAGITTARIUS (Nov. 22-Dec. 21): Take on a cause and do your best to make a difference. Consider what’s possible, and apply your skills to meet the demands you encounter. Enthusiasm and high energy will help you set the pace and standard for others to follow. HHHH CAPRICORN (Dec. 22-Jan. 19): Don’t give up. If you are a good listener, you will gain insight into what’s possible. Play with the facts and figures, and you’ll find a workable solution. Live within your means, and promise only what you can deliver. HHH AQUARIUS (Jan. 20-Feb. 18): Put your energy into something that will make you feel good about who you are and how you live. Fixing up your surroundings will give you a boost, but don’t let it result in debt. Monitor your spending and search for bargains. HHH PISCES (Feb. 19-March 20): Sort through your thoughts and feelings before you share them with others. It’s essential to understand what’s possible before you make promises. Personal improvements require patience and planning. HHH BIRTHDAY BABY: You are high-energy, persistent and thoughtful. You are engaging and friendly.
HAPPY BIRTHDAY: Idle time is the enemy. A tight schedule jam-packed with deadlines will keep you moving forward and excited about life, love and your overall well-being. Trust your instincts and know when to sprint and when to sit back and regenerate. Your ability to read situations clearly will encourage you to help others. Mix business with pleasure, and you’ll surpass expectations. Your numbers are 2, 14, 20, 26, 31, 33,
People managers need to understand that just because they do not see their people working does not mean they are not working. Flexible work arrangements enable the organization to provide a conducive and safe working environment for their workforce, while empowering their employees to critically think and creatively develop solutions to meet their targets. n
AT the 19th Philippine Quill Awards, Megaworld Lifestyle Malls (www. megaworld-lifestylemalls.com) garnered a total of nine Quills for its communication campaigns that made an impact in the lives of its customers. The mall chain received six Awards of Excellence for its various campaigns and projects including its Community Markets initiative, which put a spotlight on local businesses with homegrown and homemade products that helped the respective communities get back on their feet and restart their livelihood. The other programs of the company that received the Excellence Awards were the “Eat Out and Help Out” advocacy under the Social Media Program category for its effective use of online platforms to promote dining and give back to frontliners; and the “Now Is A Good Time” webinar series under the Customer Relations category for inspiring mall patrons to bring back the joys of shopping and dining the brick-and-mortar way by using thought-leadership marketing. Mckinley Hill Float-in Cinema also garnered an Excellence Award for bringing back the cinema-watching experience in a safe way, aboard socially-distanced gondolas, al fresco style. Greenhouse at Village Square Alabang bagged an Excellence Award in Community Relations for offering a one-stop shop for all gardening needs and expertise, while providing a safe place where people can shop for the widest variety of plants, gardening supplies, tools and many more. Megaworld Lifestyle Malls’ Safer and Happier Outdoors campaign also took home an Excellence Award for introducing a whole new concept of enjoying a day out in the malls amid the new normal by focusing on the things and activities that customers miss and can now engage in safely outdoors. It won under the Marketing, Advertising and Brand Communication category. A Merit Award was given to the Eastwood City Drive-thru Pet Blessing for its Media Relations efforts, further boosting Eastwood City as the first pet-friendly mall community in the country, by innovating its longest-running pet blessing event in the country by shifting into a drive-thru setup for safety amid the pandemic. In total, Megaworld Lifestyle Malls garnered six Excellence Awards and three MeritOrganizedAwards. by the International Association of Business Communicators (IABC) Philippines, the Quill Awards recognizes the dedication, innovation and passion of communicators using a global standard.
T HE pandemic has taught many employers that it is possible to work from almost anywhere and deliver the same outputs, with some organizations even achieving above expected results. The pandemic was the catalyst in helping organizations to understand that the future of work is not confined to an office with an 8 am to 5 pm schedule. The future of work is flexible work arrangements.Flexiblework arrangements could be anything that allows employees to work at their own schedule, where to do it, and how to do so. This includes flextime, compressed work week, split shifts, job sharing, or remote work. To do this effectively, it is assumed that the organization has definite objectives and targets, their people managers understand what their teams need to deliver, and employees are selfdriven and can work unsupervised. Even before the pandemic, there were some organizations that have implemented flexible working arrangements. These organizations are output-driven, and focused on training their managers with the tools and skills in planning, monitoring, and motivating their teams.
Quiet quitting is the newly minted moniker for doing the bare minimum of the job description. Should you quietly quit, too? Here’s why and why not: n WORK-LIFE BALANCE: Zaid Khan, 24, who created a popular quiet quitting video on TikTok, said he started exploring “work reform” and the subreddit r/ AntiWork during the Covid-19 lockdown when his job became all-consuming.“I realized nomatter how much work I put in I’m not going to see the payoff that I’m expecting,” Khan, a software developer and musician, said in an interview. “Overworking only gets you so far in corporate America. And like a lot of us have experienced in the past few years, mental and physical health really takes a backseat to productivity in a lot of these structured corporate environments.” According to a report released by the American Psychological Association in January, the kind of burnout and stress Khan encountered has hit all-time highs across industries during the pandemic. Organizational psychologist Ben Granger, head of employee experience advisory services at survey firm Qualtrics, said that quiet quitting can be a way to protect mental and physical health in a toxic work environment. But staying in a miserable job and putting in the bare minimum means giving up the fulfillment that can come from a good one.
Having flexible working arrangements also helps your organization employ a diverse range of employees who cannot get a job because of family obligations, physical disability, social anxiety, or even location. You broaden your hiring base by opening your doors to people who cannot go to the office physically, but whose experiences and skills outweigh current applicants. Flexible work arrangements will help you tap the best talents and create a diverse and inclusive team, all from the comforts of their own homes. And of course, the most significant advantage is the retention of talent within the organization. A flexible work arrangement increases an employee’s satisfaction because it accords them the freedom to manage their own time at their own pace. But this also means that an employee is also more likely to transfer to an organization that offers flexible working arrangements. Some organizations even use it as a selling point during hiring because more and more employees see it as a significant factor when deciding.
People managers, on the other hand, need to upgrade themselves on the available tools and techniques in managing their team’s output and behavior so they can coach their team when needed.
In the end, the efficacy of any type of work arrangement depends largely on the kind of people managers within your organization. Top executives need to mentor their managers on how to effectively reign in their team when they are working remotely.
“QUIET quitting” has struck a nerve. It means more time for friends, family and personal pursuits, not to mention a side hustle. But the latest workplace trend hasTikTokdrawbacks. andTwitter are awash in explainer videos and endless interpretations. Despite what the name suggests, quiet quitting doesn’t mean turning in a resignation letter. Instead, it’s a stealth retreat from the hustle culture that dominated the pre-pandemic era of giving up everything in pursuit of ambition.
Everyone is talking about quitting,’‘quietbut is it a good idea?
n PASSION PROJECTS: Antrell Vining, 25, has a day job as a project manager in the finance industry. As a side hustle after hours, he creates social-media content about the tech industry and millennial and Gen Z work life. After dropping out of medical school to pursue a career in tech, he works to help others make similar career changes. With close to 30,000 followers on TikTok, Vining makes money offering career and resume consulting services and through partnerships with companies, he said. For him, quiet quitting means setting boundaries so he has the time and energy to pursue his passion project. A streak of entrepreneurship coincided with the Covid-19 pandemic and a record 5.4 million new businesses were started in the US last year, according to Census data. “Nowadays, everyone is an entrepreneur of sorts and we would much rather put that extra energy into our own ventures outside of a 9-to-5,” Vining said by e-mail. “Once 5 o’clock comes around, I take a breather and get to work on my own stuff or spend some welldeserved time with friends and family,” he said. “I like to make content that reminds people that they should do the same.” n IT’S NOT FOR EVERYONE: Of course, not everybody is comfortable with quiet quitting. There are many reasons people feel the need to maintain their job at all costs—whether it’s the health care, the steady paycheck or any of the other benefits that traditional corporate jobs afford. Putting that at risk can be too big a wager to make.
• Wednesday, September 7, 2022 B5 Image www.businessmirror.com.ph
By Jo Constantz Bloomberg News
9 Quills for mall chain
“Corporations are laying people off with a quickness,” Carter added in her video. “And so if you have decided to quietly quit, I really hope that you’re quietly having a recruiter look for another job for you.”
Jha’nee Carter, 38, who calls herself the HR Queen on TikTok, said that quiet quitting has added risks for marginalized groups. “Can minorities afford to do this in corporate America? In my opinion, I’m going to say no,” Carter, a business coach and content creator, said in a video. Structural inequalities remain in many industries throughout the US: Gender and racial pay disparities, as well as a general dearth of diversity in c-suites, are well-documented. “Ifyouarequietly quitting and you’re not going above and beyond, unfortunately in corporate America minorities are held to a different standard,” she said. “We are looked at differently, there is unconscious bias still, and so we have to go above and beyond in order to be successful. We can’t risk being looked at as not performing, if we are not meeting those expectations, we are the first on the chopping block.”
BENEFITS FOR THE EMPLOYEES FLEXIBLE working arrangements also help the employees in terms of reducing the cost of transportation. Whether you commute or drive your own car, the rising costs of gasoline has made it more expensive to travel. Having the option to work remotely will significantly reduce travel expenses and the money saved can be used for other necessities. Employees can also create a work timetable that allows them to schedule personal obligations around work demands. It is especially helpful for employees who have kids, a family member to take care of, or for people who live far from the office. Having this flexibility in schedule helps reduce burnout and overload.Also,an employee can work during the times of day when they are most productive and take advantage of their energy cycles. This is especially helpful to creatives whose downtime is an opportunity to find inspiration. And since employees create their own schedules, this will reduce absenteeism and even tardiness. Another benefit is that employees are empowered to do their work the best way they know how without sacrificing productivity or efficiency. This will only work when organizations have a clear understanding of their targets and what their clients need. I realize that most of the organizations that are doubtful of flexible working arrangements are those that do not have clear measures and indicators of their goals, or who have not clearly communicated their organization’s desired results. But when employees understand their role in the organization and have aligned their personal goals with the organization’s, it gives them the motivation they need to succeed even without supervision.
Benefits of flexible working arrangements
BY BONNIE KITTLE ON UNSPLASH
BENEFITS FOR THE EMPLOYER ONE tangible benefit for an employer is the reduced overhead cost including rent for office space, utilities, and Internet access. Of course, this will not work for large organizations where employees come and go throughout the week. But you can limit the days when employees go to the office so that overhead costs are minimized. For small organizations, you can get a co-working space or a room for client meetings, and a storage facility for your tools and supplies.
n RECESSION RISK: Quiet quitting has gone viral at a time of deep uncertainty in the labor market. With a war for talent and more jobs than workers throughout the economy, employees have had the upper hand over their bosses. But a looming recession and layoffs at high-profile companies like Apple Inc., Peloton Interactive Inc. and Walmart Inc. indicate the balance of power could be tipping.
Time saved on commute can be used by employees to upskill themselves using online courses, to prepare for scheduled meetings, or even finish their deliverables. Your employees will not only have the time but also the energy to do more things for themselves and for their work. This translates to better productivity and opportunities to improve their work efficiency while providing them more time for their personal necessities. This results in better work-life balance for employees because they have more time to work on the things they love doing. When employees have more time for their personal life and other interests, it recharges them. When employees can take care of other aspects of their life, they are more likely to do more for work and increase their productivity.
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Wednesday, September 7, 2022B6
ALI is the leading and most diversified real estate conglomerate in the Philippines with a solid track record of developing and planning large scale, integrated estates with a mix of use of residential lots and buildings, office buildings and commercial and industrial lots, leasing of commercial and office spaces, and the development, operation, and management of hotels and resorts. Security Bank, through its investment house, SB Capital has demonstrated expertise in both foreign and domestic markets and continues to strongly position itself as a powerhouse through its extensive knowledge, experience, and strategic alliances with companies across different industries. In 2020, SB Capital was also recognized by ABF, awarding its deal with HC Consumer Finance Philippines, Inc. as the Syndicated Loan of the Year, and its project with PrimeWater Infrastructure Corporation as the Project Infrastructure Finance Deal of the Year. Over 100 banks from 30 countries globally were recognized during the award-giving ceremony. To learn more about Security Bank Corporation and SB Capital Investment Corporation, visit securitybank.com.
Over 100 cyclists take part in Ride for Valor which pedals through Death March route
MERALCO WORKS 24/7 TO COMPLETE RELOCATION WORKS FOR PNR NORTH 1 RAIL TRANSIT
The conference is organized by the Philippine Chamber of Commerce and Industry headed by PCCI President George T. Barcelon and hosted by the PCCI North Sector made up of the city chambers of Caloocan, Malabon, Navotas, and Valenzuela under the direction of PCCI VP for NCR Teresita L. Ngan Tian and North Sector Regional Governor Higinio C. Sy, supported by Central Sector RG Sarah Deloraya Mateo and South Sector RG Elvi Sanchez Quiazon. The conference is anchored on an umbrella theme of “Reinventing the Future with Resilience for Sustainable Growth” presented in six plenary sessions as follows: Plenary 1: Supply Chain Scenario and Solutions in Times of Disruption; Plenary 2: From Disruption to Opportunities... the role of LGUs in Promoting Business and Investment; Plenary 3: VUCA – H: (Volatile, Uncertain, Complex, Ambiguous - Hostile) & Overcoming Disruption Through Business Continuity Planning; Plenary 4: Alliance with Local Partners; Plenary 5: The Future Has Arrived; and Plenary 6: The Government and MSME Partnership.VicePresident and Education Secretary Sara Z. Duterte-Carpio has been invited as Guest of Honor and Keynote Speaker. The plenary session topics will be discussed by a select group of resource speakers from both the government and the private sector. From government: DTI Secretary Alfredo E. Pascual; DICT Secretary Ivan Uy; DOST Usec. Sancho A. Mabborang; Caloocan City Mayor Gonzalo Dale R. Malapitan; Malabon City Mayor Jeannie Ng-Sandoval; Navotas City Mayor John Reynald Tiangco; and Valenzuela City Mayor Weslie T. Gatchalian. From the private sector: Charlie P. Villasenor, Chairman of the PASIA Procurement and Supply Institute of Asia; Sylvia Paraguya, CEO of the National Confederation of Cooperatives; Andrea Rosales-Cabochan, Operations Manager of Ganjou Inc.; Mervin T. Fonseca, Sr., Technical Officer of GS1 Philippines; Sam Christopher Lim, CEO of Francorp Philippines; and Vaibhav Magow, VP for International Sales of Hughes, an Echostar Company. For further inquiries, please call Angie Albay @ 09209131653 or JL @ 09951352914
Domex powers up Unilever’s support for this year’s Brigada Eskwela program
A FTER being cancelled for two years, the Philippine Veterans Bank recently ran the 3rd Ride for Valor, a commemorative event for the 80th anniversary of the World War 2 Bataan Death March. Participated in by over 100 cyclists, the ride retraced the 130-km route of the infamous march which began from Mariveles, Bataan and ended in Capas, Tarlac after over 70,000 Filipino and American troops surrendered to Japan in 1942. Firing off at Km 0 in Mariveles, the non-competitive ride made pit stops at the Mt. Samat Dambana ng Kagitingan in Pilar, Bataan Provincial Capitol in Balanga City, San Fernando train station in Pampanga, and concluded at the Filinvest New Clark City near the Capas National Shrine in Tarlac. During the pit stops, historical reenactors from the Wartime Heritage Guild (WHG) recreated key scenes on the Fall of Bataan and the Death March. Ride for Valor was sponsored by Booster C Energy Shots, Shimano, Lazer, Maxxis and Neo Zigma, Air 21, Detoxicare Philippines, One LGC, and Integrated Waste Management Inc., with RD Cycles, WHG Philippines and Outdoor Channel as partners, Without Limits as event organizer and The Oriental Bataan as officialCooperatinghotel. government agencies are the Province of Bataan, Municipality of Mariveles, Municipality of Capas, City of San Fernando, Department of National Defense, and the Philippine Veterans Affairs Office Originally(PVAO).slatedin April this year, the event was postponed due to the national elections and was reset in time for the National Heroes’ Day observance.
SECURITY Bank Corporation’s Investment arm, SB Capital Investment Corp. (SB Capital) has been awarded the Innovative Deal of the Year - Philippines by the Asian Banking and Finance (ABF) organization for its participation in the 2021 Ayala Land PHP10billion, four-year fixed rate bond issuance. The investment house’s initiative with Ayala Land Inc. (ALI) differs from other issuances and fund-raising activities as it was the first corporate bond offering to pioneer the full utilization of the e-Securities Issue Portal (e-SIP), a tool that streamlines the digitalization of transactions in the Philippine capital market. Issuances via e-SIP effectively allows the investment process to remain resilient as it facilitated the continuation of debt capital issuances despite restrictions in movement brought about by the pandemic. As the pilot issuance using e-SIP, the ALI bond offering allowed other issuers to embrace innovation and technological development in capital market“We’reofferings.pleased to be awarded by Asian Banking & Finance for this recognition which marks the first ever listed debt instrument issued by a company through e-SIP. The award from ABF shows how the finance sector is working to streamline financial transactions and make investing easier for all,” says SB Capital President, Virgilio Chua.
PCCI-NCR to hold 30th MMBC at the Manila Hotel
SB Capital Investment Corp feted at Asian Banking & Finance Corporate & Investment Banking Awards
The Manila Electric Co. (Meralco) recently relocated 72 poles for the PNR North 1 Rail Transit Project of the Department of Transportation. The poles are part of the 470 relocated poles to complete the bored piling and segment installation works for the on-going rail project. The PNR North 1 Rail Transit is a 38-km urban rail transit which is part of the North-South Commuter Railway (NCSR) which connects Malolos City, Bulacan up to Tutuban, Manila. Meralco and its subsidiaries are continuously working with the government to guarantee the timely relocation of affected electric facilities and support the speedy completion of BuildBuild-Build (BBB) infrastructure projects.
AT the opening ceremony of the Ride for Valor were Bernard Supetran and Roselle Reyes, communications consultant and associate director of sales of The Oriental Hotels and Resorts, respectively, PVB first vice-president for marketing and communications Mike Villa-Real, JP Halos of the municipal government of Mariveles, and program emcee Towpy Tejano, with participating cyclists and WHG Philippines historical reenactors.
UNILEVER employees volunteer to clean bathrooms in Gat Andres Bonifacio Elementary School.
S CHOOL is finally back in session as the Department of Education (DepEd) declared August 22 as the first day of classes. While blended learning is still the mandate, schools have kicked-off their preparations for face-toface classes through Brigada Eskwela, inspiring community-wide effort and collaboration to prepare the schools in time for the resumption of classes. Brigada Eskwela 2022 held its national kick-off last August 1 at the Imus Pilot Elementary School, where Vice President and DepEd Secretary Sara Duterte shared that “the collaboration between the parents, the teachers, local governments, and the entire community on Brigada Eskwela opens a deeper and meaningful collaboration even until after the school year closes.” With the theme “Tugon sa Hamon ng Ligtas na Balik-Aral”, this year’s Brigada Eskwela focused on the collective effort to create a safe learning environment for the students, teachers and school community while ensuring the delivery of qualityAnsweringeducation.thiscall to support our public schools and create a safe return to face-to-face classes, Unilever Philippines has partnered with the Department of Education to help provide access to clean school toilets and to promote proper hygiene in the community. Powering this effort from Unilever Philippines is Domex: a brand of disinfectants proven to kill 99.9% of germs while helping remove visible stains and eliminate odors (based on lab tests against representative germs). For Brigada Eskwela 2022, Unilever Philippines successfully provided over P300,000 worth of Domex products to more than 40 schools nationwide, along with deploying cleaning tools and dedicated Domex clean-up teams to seven partner schools across Metro Manila. The partner schools include Batasan Hills National High School, Quezon City Science High School, Comembo Elementary School, Palanan Elementary School, Santolan Elementary School, Santolan High School, and Gat Andres Bonifacio Elementary School. Domex Brand Manager Regina Ocampo further explains, “As a brand, we believe access to clean and safe toilets should be a right, not a privilege, and that clean, safe toilets contribute to better learning and ultimately, better futures for our students. This commitment is why Brigada Eskwela is only the start of an exciting new partnership with DepEd.”Ocampo shares that later this year, Domex and DepEd will be launching the Domex Eskwelang Unstoppable Awards, a program built with implementing partner Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) that empowers and distinguishes outstanding school division offices and schools in implementing DepEd’s Water, Sanitation, and Hygiene in Schools (WinS) program. She adds, “Essentially, it recognizes the commitment and effort of schools and school divisions in providing clean toilets for the students.” And to further promote public health and environmental hygiene, Domex has also extended product provisions to various local institutions. Philippine Red Cross vaccination hubs and laboratories, and local hospitals received their share of Domex disinfectants as part of the goal to curb rising cases of COVID-19. To learn more about Domex’s advocacy of making clean comfort rooms accessible to all Filipinos visit https:// www.facebook.com/DomexPhilippines.
L EARN the basics of the Japanese art of flower arrangement such as upright Moribana style, basic slanting and Variation # 4 with Movements, basic Nagiri Style and combination of Moribana and Nagiri Arrangements at Sunshine Place as Marc Tomas conducts a face-to-face workshop every Saturday starting September 17, 2022 from 10:00 am to 12:00 noon. The introduction to Ikebana workshop is a four-Saturday workshop. Starter kits are available at the venue. Each kit includes flowers for the four sessions, kenzan, and a vertical and horizontal base. Students are encouraged to bring their own gardening scissors for the class. Tomas is the former President of Ikebana International Manila Chapter 108 and a member of Sogetsu Potential Manila Chapter. He has been teaching Ikebana classes at Sunshine Place since 2017. The face-to-face workshop will accommodate a limited number of participants. So hurry and enroll now! For enrollment and inquiries please contact Ikebana-Sogetsu inspired flower arrangement workshop for beginners @ Sunshine Place M. (0917) 515-5656 or email: operations@ sunshineplaceph.com Follow Sunshine Place Online: Website: http://www.sunshineplaceph.com/ Facebook @SunshinePlace56Jupiter Instagram @ sunshineplaceph YouTube. Sunshine Place: Senior Recreation Center Hashtags #SunshineHealthyAlltheWay;DontGiveUp;nshineBelieveinYourself#Sunshinene#sunshineneverstopshining;#sunshineplacephonli#Su#SunshineIamFittoFight
T HE 30th MMBC, an annual activity of the PCCI National Capital Region that aims to provide learning and networking experience to Filipino business people not only in NCR but throughout the country, has been set for September 9, 2022 at the Fiesta Pavilion of the Manila Hotel. Some 300 participants are expected to attend the conference.
This presents a bit of complication for the real estate sector since data show that 40 percent of carbon emissions come from the industry, of which approximately 70 percent are produced by building operations and the remaining 30 percent come from construction, she noted.
“During the lockdowns, most of us have lessened the global warming by becoming plantitas or becoming plant collectors. So we’ve seen this as a trend to everyone doing green wall landscapes, growing vegetable gardens, or turn ing wastes into compost or fertilizers for the plants. These initiatives are really good starting two years back and until now. So I hope they can continue such practices,” Soliven said.
Provincial market allows develoPers to innovate
For Citihomes h o mes Builder and Development Inc. President Rosie Wang, the pandemic was an eye opener as it allowed the company to pursue the green agenda and evaluate thoroughly the effects of mass urbanization of the environment.“Thisjourney helped Citihomes real ize that it is possible to develop projects viably even with ecologically conscious features. We made new strong partner ships with our suppliers, learned how to gauge our business’s impacts on the environment, and discover a new vision as a real estate company going forward. We are committed to this journey, and enjoin all developers to do the same,” WangThroughsaid. Liora h o mes Naic, My Citi ho mes walks the talk by install ing sustainable features in the project. According to Citi ho mes assistant vice president for business planning Spike Alphonsus Ching, each unit will be equipped with a 1.64kWp roof-mounted solar panel system, a 700-liter rain water harvest tank and a freshwater reservoir tank at the back, which can generate savings up to 30 to 35 percent in power and water bills respectively. Once completed, Liora h o mes Naic’s 5.49 megawatt peak capacity will be come the largest residential solar roof top farm not only in the Philippines but in Southeast Asia as well. Moreover, the Philippine Green Building Council (Ph I lGBC) awarded Liora ho mes 3-stars certification un der the Stage 1 category of the Build ing for e co logically Responsive De sign e x cellence (B e RDe ), equivalent to e x emplary Performance in housing development. Addressing the demand in Eastern Visayas A S f ar as the overseas Filipino work ers (OFWs) who have Waray roots are concerned, there are hordes of them who are raring to fly home and spend their retirement with their loved ones. In response to this develop ment in e a stern Visayas, Bria h o mes has not just rolled out viable housing options but also a better quality of life to these hardworking migrant workers fromBriaSamar.Calbayog’s sleek and comfort able house-and-lot units such as the two-storey Bettina Select and bunga low house models Thalia and Alecza. The project is strategically located in the heart of Calbayog City, a a bus tling center of industry and commerce in Samar. Because of the city’s growing population, progressive education sec tor, and bustling trade and commerce centers, Waray OFWs are being spurred to move back home. The company said Bria Calbayog is designed to be an executive village to enable the OFWs to savor the peace and tranquility they need in an idyllic retirementReturninghome.migrant workers will like wise be glad to know that Bria Calbayog is secured by perimeter fences, 24/7 CCTV coverage, guardhouses, and L e D lit streets. Moreover, the Bria Calbayo will encourage residents to develop strong friendly community ties as they enjoy green walkable spaces and leisure amenities like a basketball court, vil lage pavilion, and a kiddie playground. Summer all the way FOR t he well-heeled who are looking for a year-round summer-themed lifestyle, Tagaytay h i ghlands’ Primrose Parks is the place to be. The company said fu ture residents will experience a distinct and new lifestyle with the emphasis on a seamless flow of indoor-to-outdoor life in posh, park-like settings. For those who wish to pursue a healthy, active lifestyle, Primrose Parks’ modern recreational facilities are within reach, with a pool and pa vilion exclusively for the homeowners and their guests. The management of Tagaytay h i ghlands said the ameni ties will complement the lushness of the community’s park setting enabling future residents with a year-round summer-themed lifestyle. Located in the heart of the Mid lands, Primrose Parks is an exclusive, low-density community that spans 6.3 hectares of verdant greenery, with 99 lots spread at only 16 lots per hectare. With the luxurious branding image complemented by refreshing green space, Primrose Parks lives up to its theme of a “modern summer” with close-to-nature facilities and a lush lin ear park oriented towards the east so that a picturesque sunrise jump-starts everyone’sMoreover,day.Primrose Parks is envi sioned to be discerning homeowners’ refuge from the frenzied urban living lifestyle, indulging them with 365 days of summer vibes that permeate the entire residential development. For one, Primrose Parks is primed to have elements of nature not just outdoors but indoors as well. Through creative landscaping, residents will be encour aged to incorporate the luxuriance of park settings, both in their home and gardenPrimrosedesigns.Parks likewise enables resident families to forge a deeper con nection with nature through a biophilic architecture theme. This simply means blurring the lines between indoors and outdoors, providing a multi-sensory, oxytocin-boosting experience.
BriA Calbayog is strategically located in the heart of Calbayog City, a fast-rising center of industry and commerce in Samar.
Going green is everybody’s business FOR Metroscape e nterprises Inc. President Jake Lazo, who has 21 years of experience working in the real estate industry, going green is not only for the elite or high-end developers but also for those involved in the low-end or socialized housing. “Now, I can say that it’s already a myth or a misconcep tion because going green is not an expense but an invest ment,” he debunked the notion of such as being expensive. “You will definitely shed out money in the first investment. h o wever, the value of this expense will diminish in time because of the return and the value that you will get for theForinvestment.”socialized housing developers to go green, Maldupa na suggested the local government units to talk with their Local Planning Development Council in the next update of their zoning ordinance so they can suggest what incentives they would like to have for implementing green strategies.
“We hope that, through our efforts, de velopers see the value of bamboo a plant indigenous to our country and grows in abundance here. Despite this, 50 percent of homes are still built with resource-intensive concrete and imported steel,” Jorillo says. “Bamboo’s full potential has yet to be real ized: It is long-lasting and renewable, and it is now easier, through our technology, to source, treat, and manufacture.”
Base Bahay anD hineleBan FounDation showcase
Developers, homeowners urged to go green B AS e B ahay Foundation Inc. and h i neleban Foundation today show cased three model houses at h i nele ban’s Tuminugan Farm in Bukidnon which were designed and built using Cement-Bam boo Frame Technology (CBFT) as housing prototypes for future affordable housing projects in the region. Visitors may view the model houses as part of Tuminugan Farm’s walking farm tour. A Mindanao-inspired design graces each of the model homes, built in three sizes: the standard Base Bahay house with a floor area of 25 sq m; a medium-sized 30.6 sq m version that comes with a porch; and the largest, a 66.44 sq m home complete with a ground floor dedicated to service func tions, a second floor for bedrooms, and a loft area that can be used as storage or as an additional sleeping area. By giving the public access to the homes, the h i neleban and Base Bahay Foundations hope to create more awareness around the use of sustainable material such as bamboo in future housing initiatives in Mindanao; to showcase the use Base Bahay’s Cement Bamboo Frame Technology (CBFT) for housing; and to encourage more developers of affordable housing to consider the use of bamboo—a material abundant across Mindanao and BARMM—as sustainable building material. e x plains Base Bahay General Manager Pablo Jorillo: “As a foundation that provides alternative building technologies, we look to widen our network of partners to build more quality socialized homes for more Filipinos—homes that are comfortable, affordable, disaster-resilient, ecologically friendly, and leave a positive social impact.” This latest initiative borne of the partnership between the Base Bahay and h i neleban Foundation supports h i neleban Foundation’s objective of inspiring more organizations to help provide sustainable livelihood and more permanent housing to Bangsamoro and the Indigenous people in Mindanao.“Buildingof permanent houses in the BARMM region is symbolic in an area where conflict has caused people to move constantly. These houses give communities the opportunity to ground themselves in their homes and land,” Jorillo adds. “In vesting in infrastructure is also a signal of development in this region.” Aside from hosting the model houses, h i neleban Foundation has been a bamboo supply partner of Base Bahay through their network of local and sustainable farms that produce high-value crops. The foundation harvests and treats bambusa blumeana and dentrocalamus asper which are used for Base’s social housing projects. To date, Base Bahay has built more than 1,200 CBFT houses across the Philip pines sheltering about 5,000 individuals in 12 communities. Base works continu ously to optimize the use of bamboo in permanent housing. This will also help the communities to avoid the constant rebuilding of houses whenever calamity strikes. The treatment of bamboo poles also enables the construction of lowmaintenance houses, as the treatment makes them termite-resistant. CBFT houses also provide good thermal com fort, which can help families save more on electricity consumption.
Wednesday, September 7, 2022Editor: Tet Andolong B7BusinessMirror
By Roderick L. Abad Contributor e XP e R TS in the design, urban planning and residen tial development sectors exhorted real estate com panies and end-users to go green as the impacts of climate change, the ensuing pandemic, and other crises are here to stay. “A greener future, I think, for the residential sector is inevitable. So there’s no other way to both heal our planet and make our spaces more livable. So I’d like to challenge everybody to start now in making our spaces green,” Astrata Consulting Inc. Director Jonathan John Maldupana said during the webinar, entitled “The Future of h o using is Green,” organized by Colliers Philippines, in partnership with Subdivision and ho using Developers Association Inc., last September 1. “It’s time to recognize that our planet’s life support systems are now at a breaking point. We see it with all the unprecedented crises in terms of climate, the way our children are being alienated from nature with technology, [etc.]. Overcoming all the challenges require, as they say, a paradigm shift on how we think, on how we live, and how we do business. So, hopefully, we all start being more mindful of our actions today for our children and for our children’s children,” added Rockwell Land e x ecutive Vice President and Chief Revenue Officer Valerie Soliven. Their call for immediate action as regards the greener and more sustainable housing sector in the country was in response to the United Nations Climate Action’s report that the science clearly shows that for humanity to stop the worst effects of climate change, global temperature increase needs to be limited to 1.5°C above pre-industrial levels. At present, the earth is about 1.1°C warmer than it was in the late 1800s, and emissions continue to rise. “To keep global warming to no more than 1.5°C, emis sions need to be reduced by 45 percent in 2030—that’s about seven years and four months from now—and reach net zero by 2050,” Gigi Limguangco, associate director for residential services at Colliers Philippines, said of the study.
At Primrose Parks, summer-themed living means stepping into 365 days of sunny walks in the park. (Artist’s perspective)
Lior A Homes Naic was awarded by the Philippine Green Building Council (PHiLGBC) 3-stars certification under the Stage 1 category of the Building for Ecologically responsive Design Excellence (BErDE), equivalent to Exemplary Performance in housing development.
“So in order for us to transition to a net zero world, a huge transformation must take place to how we produce, consume and, in the case of real estate, build our homes. It is for this reason that the design, property development, and construction industries are always on the lookout for solutions that will decrease carbon emissions and improve efficiency of how we build homes,” Limguangco pointed out. While this has been successfully implemented in com mercial and industrial properties, the best practices and learnings needs to be applied also to the housing sector. Rockwell Land, for instance, follows the Leadership in e n ergy and e n vironmental Design or L e e D r equirements in all its commercial developments. In fact, 98 percent of its existing buildings use the no flow water features, re cycle water, and utilize renewable energy, bared Soliven.
By Rizal Raoul S. Reyes T he Covid-19 pandemic was a game changer for many developers. Inter estingly, the provincial market allowed develop ers to promote sustainability, afford ability and stability in their respective marketing segments.
“What we’re doing now is we’re doing energy modeling for all our future projects because the goal is to be net zero in 2050. So that’s quite important for us,” she said.
At the national level, on the other hand, Lazo recom mended the government’s adoption of the initiative of 29 states in the United States by giving incentives to people who want to install renewable energy like solar panels in their“Thehouses.cost of installing this system will be divided into 25 years of payment with 1 percent of interest for your monthly or annual payment. So I think if we’re backed up by our government, that will greatly help in saving the en vironment,” he said. While most real estate players now incorporate green strategies in their projects, it’s also high time for home owners to follow suit at home and they must change their mindset to save the environment first rather than the sav ings that they will gain from doing so. Agreeing with him, Soliven urged them to reduce their carbon footprint at the comfort of their abodes by maximizing the use of energy efficient lights and appliances, as well as utilizing ecologi cally green materials in building or designing their houses.
“Sustainability in residential design and construction is a combination of good design, proper execution and preven tive maintenance. If these three points are being considered in every household, I think again, no matter how small you think you’re doing, as long as you’re doing something, you really are helping the environment,” Lazo added.
For more information on Base Bahay Foundation and ongoing projects, visit http://www.base-builds.com. climate-resilient BamBoo home prototypes For minDanao anD Barmm BuilDs
FRANCES TIAFOE ends Rafael Nadal’s 22-match Grand Slam streak in the US Open’s fourth round. AP
PSC POC PHOTO By Josef Ramos L ESS than a week into his appointment and Philippine Sports Commission (PSC) Chairman Noli Eala has rubbed elbows with Philippine Olympic Committee (POC) President Abraham “Bambol” Tolentino and members of the POC Executive Board. It was a very good start,” Eala told Tuesday’s Philippine Sportswriters Association Forum that went faceto-face at the PSC Administration Building inside the Rizal Memorial Sports Complex. “I was there to listen.”
One foot in the grave
Bikers, swimmers weekend at New Clark City H
IT began with Chot Reyes getting felled by Covid-19. It ended with June Mar Fajardo finding the hole with an unlikely three-point shot. T hat pretty much sums up San Miguel Beer’s bristling 119-97 victory over a thoroughly outclassed TNT for the Philippine Basketball Association (PBA) Philippine Cup before a Sunday crowd of 15,951 at the Smart Araneta Coliseum. But that’s not all as the Beermen’s 4-3 title-clincher was reeking with drama—and trauma. W ith TNT’s head coach already out of commission in the most crucial part of the pulsating series that went the maximum, the Tropang Giga would suffer more agony with the Game 7 decider not even half-done. At the 55.1-second mark of the second quarter, TNT’s 6-foot-8 Poy Erram did the most stupid thing a key cog could ever do: Hammer a player deliberately to the head in full view of an enthralled audience that included three Senators of the republic headed by Sen. Bong Go. Mo Tautuaa, the 6-foot-8 SMB forward, was already sure of stuffing the ball when Erram did the despicable act of going for Mo’s head instead of the leather. Just as quickly as it happened, the referees slapped Erram a Flagrant 2 foul for an automatic ejection. Tautuaa lay on the floor writhing in pain while cupping his head as Erram was escorted out of the court—the TNT slot man’s unsportsmanlike conduct producing a ghastly cut that necessitated a huge bandage wrapped around Mo’s head the rest of the game. Bucking pain and avoiding the rule of having to leave the game for good had he left for the lockers outright, Tautuaa heroically stood on the line and buried two free throws that gave SMB a commanding 13-point, 65-52 lead en route to a 66-55 halftime bulge. R eyes out of the picture is already tantamount to TNT having one foot in the grave. His son, Josh, subbing for him, did all he could but then, how can a virtual rookie, one still genuinely wet behind the ears, topple a foe so rich in talent like SMB? Thus, after TNT had taken an 89-84 third quarter lead, that proved to be the team’s last fling with glory. A blistering 17-0 Beermen blast opening the final frame all but erased all illusions of TNT’S title-retention bid as SMB built a 101-89 margin at the 7:20.1 mark. It was practically over from there as the only answer from the Tropang Giga was a puny 5-3 count behind Jayson Castro’s five-point cluster. Now seething with vengeance after losing Game 7 to TNT in this conference’s Finals in last year’s “Bacolor Bubble” in Pampanga, SMB dropped all bombs at its disposal in a blazing 12-0 assault to put the game beyond reach, 116-94, with only under three minutes left. W ith TNT left licking its wounds, the 6-foot-10 Fajardo put the so-called icing on the cake with a triple of his own from far left, 119-94, with barely two minutes left—sending the fans roaring on their feet. It was Fajardo’s first ever three-pointer since joining the PBA exactly 10 years ago. At 32, Fajardo is still learning new tricks? OMG! T HAT’S IT Nice to hear San Miguel’s top guns—sports director Alfrancis Chua, governor Robert Non and coach Leo Austria—heap profuse praise on Ramon S. Ang (RSA) after SMB’s rousing victory three days back. RSA, the CE0/President of San Miguel Corp., is widely known for his hands-on involvement in his PBA teams SMB, Magnolia and Barangay Ginebra, endearing him to his players, coaches and other officials of note for his personalized style of leadership. Cheers!
JOSHUA KINAADMAN (second from right) holds his trophy as he poses with (from left) Davao del Norte Sports and Youth Development head Giovanni Gulanes, runner-up Eric Jed Olivarez and Atty. Tommy Bernaldez of DAR-PARO.
A ‘GROUFIE’ caps the dinner among Philippine Olympic Committee (POC) President Rep. Abraham “Bambol” Tolentino (second from left) and Philippine Sports Commission Chairman Noli Eala (left) and (from left) POC board member Pearl Managuelod, treasurer Cynthia Carrion Norton, Deputy Secretary General Bones Floro, board member Dave Carter, First Vice President Al Panlilio, Chief Legal Counsel Atty. Wharton Chan and Second Vice President Richard Gomez. Not in photo but attended the dinner are auditor Chito Loyzaga and board member Dr. Raul Canlas.
STARTING ON THE RIGHT FOOT
Editor:mirror_sports@yahoo.com.phJunLomibao
The POC welcomed Eala with a dinner at the East Ocean Garden Restaurant in Pasay City on Monday, the same day former chairman William “Butch” Ramirez turned over the reins of the PSC to the former Philippine Basketball Association commissioner. It was really a social call and it was very courteous. Majority of the POC board were there,” Eala said. “We discussed some basic things that have transpired in the past.” E ala said he’s aware that a harmonious relationship between the PSC, POC and the national sports associations (NSAs) is key to a successful Philippine sport program. He said he intends to keep and improve the relationship that has led to resounding victories, highlighted by Hidilyn Diaz’s gold medal at the Tokyo Olympics. “ I think it was a good start. It shows a united front and cooperation,” said Eala of the dinner graced by First Vice President Al Panlilio, Second Vice President Richard Gomez, Treasurer Cynthia Carrion Norton, Auditor Chito Loyzaga, board members Pearl Managuelod, Dr. Raul Canlas and Dave Carter, Chief Legal Counsel Atty. Wharton Chan and Deputy Secretary General Bones Floro. E ala told the forum presented by San Miguel Corp., Milo, POC, PSC, Amelie Hotel Manila, Unilever and the Philippine Amusement and Gaming Corp. that he wants nothing but success for Filipino athletes, who, he said, will meet soon. “ That is part of my priorities. I’m making the request and hopefully hold a general assembly so I can talk to them,” he said. “We will take care of our athletes.” On Eala’s desk are the return of the Batang Pinoy nationals in Ilocos Sur in December and major international competitions next year—32nd Southeast Asian Games in Cambodia in May and the 19th Asian Games in Hangzhou in September. There are also the Asian Indoor and Martial Arts Games in November. The blueprint to success is very simple,” Eala said, referring to coaching, sports psychology, proper nutrition, international exposure and infrastructure or training venues. Eala said the private sector will also play a key along with the continued support from the national government corporationsgovernment-owned-and-controlledandlikePagcor.Byharnessingthesupportoftheprivatesector,wecancreatemoreHidilynDiazesandCaloyYulos,”hesaid.“Thisisthevisionbehindthenew[Project]GintongAlaythatwewanttobuild.” Buteverythingstartswithavision.Everythingstartswithaplan,”hesaid.“Weareallallies.WeareallpartnersinbringingforwardtheagendaofPhilippinesports.”
NEWoverwhelmed,blurryTiafoe’sYORK—Francesvisionwasfromthetears.Hewasthrilled— even—when the last point was over and it hit him that, yes, he had ended Rafael Nadal’s 22-match Grand Slam winning streak Monday and reached the US Open quarterfinals for the first time. I felt like the world stopped,” Tiafoe said. “I couldn’t hear anything for a minute.” Then Tiafoe found himself “losing it in the locker room” when he saw that National Basketball Association (NBA) superstar LeBron James gave him a Twitter shoutout. Bro,” Tiafoe said, “I was going crazy.” W hat meant the most to Tiafoe about his 6-4, 4-6, 6-4, 6-3 victory over 22-time major champion Nadal in the fourth round at Flushing Meadows, though, was looking up in his Arthur Ashe Stadium guest box Kinaadman beats Olivarez, dominates Gov. Jubahib Cup
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HUNDREDS of cyclists gather at the New Clark City over the weekend.
UNDREDS of enthusiastic cyclists, swimmers and spectators pumped energy into New Clark City which hosted the safe return of GoClark Sports and Events’ Clark Cycling Classic and Philippine Swimming Inc.’s Long Course Grand Prix Qualifying Series. A t otal of 230 cyclists mostly from 13 cycling teams flocked to the New Clark City to vie in the Clark Cycling Classic event, which featured a 48-kilometer individual time trial and team time trial races, as well as mountain bike and gravel races. T he third leg of the Long Course Grand Prix Qualifying Series, meanwhile, gathered some 400 swimmers from Central and Northern Luzon and the Cordillera Administrative at the New Clark City Aquatics Center. This massive weekend of sports action cements the position of New Clark City as a leader in hosting the biggest and best sporting events in the country,” said Aileen Zosa, President and Chief Executive Officer of the Bases Conversion and Development Authority (BCDA).
‘WORLD STOPS’ AS TIAFOE LEADS NADAL TO EXIT
HE touring ladies step up their drive in the final stretch of this year’s Ladies Philippine Golf Tour (LPGT) beginning with the International Container Terminal Services Inc. (ICTSI) Valley Golf Challenge Wednesday in Antipolo City with Chihiro Ikeda going all out not only for a third leg championship but also the Order of Merit lead. W ith current Order of Merit (OOM) frontrunner Chanelle Avaricio opting to vie in the Thailand Ladies Masters, also slated this week, as part of her buildup for the Ladies Professional Golf Association (LPGA) Q-School Stage II next month, Ikeda looks to get past the three-leg winner in the rankings with another victory or at least a strong finish at the demanding Valley South course. “ No expectations but I’ll do my best. I’ve trained hard for this and hope my short game and putting will hold in all three days,” said Ikeda, who had to survive a horrendous final round 77 to hold off Ababa by two at Eagle Ridge Aoki last July. Avaricio leads the OOM race with earnings of P522,500 with Ikeda, the 2016 OOM champion, just behind with P485,250, and Harmie Constantino and Sarah Ababa within striking distance with P368,250 and P347,625 winnings, respectively. Th at makes this week’s battle crucial with Ikeda, Constantino and Ababa also have to deal with a host of talented amateurs likewise out to fuel their own title aspirations in the 54hole, P750,000 championship put up by ICTSI and organized by Pilipinas Golf Tournaments Inc. But the Fil-Japanese, who snapped a long spell with a three-stroke win over Avaricio at Mount Malarayat last May, is in for an early test of skills and will as the Manila Southwoodsbacked ace drew top amateur Mafy Singson in the 9:10 a.m. flight with Lesley Icoy. Singson and Rianne Malixi, along with four other amateurs, are also tipped to crowd the pros with both national team mainstays seeking a second LPGT crown this year.
Sports BusinessMirror B8 Wednesday, septemBer 7, 2022
A nasta, meanwhile, teamed up with John Mari Altiche as they held off Arcilla and Olivarez in a grueling duel, 7-5, 7-6 (3), to snare the crown and the top P30,000 purse in the men’s doubles of the Open championship put up by Gov. Jubahib. and knowing his parents, Constant and Alphina, were there. “ To see them experience me beat Rafa Nadal—they’ve seen me have big wins, but to beat those ‘Mount Rushmore’ guys? For them, I can’t imagine what was going through their heads,” said Tiafoe, a 24-year-old American seeded 22nd at the US Open. “I mean, they’re going to remember today for the rest of their lives.” H is parents both emigrated to the United States from Sierra Leone in West Africa amid its civil war in the 1990s. They ended up in Maryland, where Constant helped construct a tennis training center for juniors, then became a maintenance brother,there—Alphina,manFrancessaid,was“anurse,workingtwojobs,workingovertimethroughthenights.”FrancesandhistwinFranklin,were born in 1998, and soon would be spending hour upon hour where Dad’s job was, rackets in hand. M aybe one day, went the dream, a college scholarship would come of it. “It wasn’t anything supposed to be like this,” Tiafoe said Monday evening, hours after by far his biggest victory. He is the youngest American man to get this far at the US Open since Andy Roddick in 2006, but this was not a case of a one-sided crowd backing one of its own. Nadal is about as popular as it gets in tennis and heard plenty of support as the volume raised after the retractable roof was shut in the fourth set. It’s something to tell the kids, the grandkids: ‘Yeah, I beat Rafa,’” Tiafoe said with a big smile. He served better than No. 2 seed Nadal. More surprisingly, he returned better, too. And he kept his cool, remained in the moment and never let the stakes or the opponent get to him. Nadal, a 36-year-old from Spain, had won both of their previous matches, and every set they played, too. AP CHIHIRO IKEDA faces a offoothillsinchallengetoughtheAntipolo.
J OSHUA enhancedKINAADMANapromisingcareer by ruling the Gov. Edwin Jubahib Cup National Tennis Championships and cap his title romp with an imposing 6-1, 6-2 victory over Eric Jed Olivarez at the DavNor Tourism and Sports Complex in Davao del Norte last Monday. Bracing for a fierce and protracted duel with the Olivarez, the fourthranked Lapu-Lapu City ace, who stunned top seed Johnny Arcilla, 6-4, 6-4, in the semifinals, found the going a lot smoother instead behind a brilliant all-around game that his third-seeded rival practically had no answer for. A fter trading serves in the first three games, Kinaadman, 24, broke Olivarez in the fourth and used that momentum to sweep the next three, including a shut-out win in the seventh. It was more of the same in the next frame as the Cebuano took control with a break in the fifth game then yielded just four points in winning the last three games for the straight-set romp worth P40,000. Olivarez, who also stunned No. 2 Vicente Anasta in the Final Four, 6-2, 1-6, 10-3, pocketed P20,000.
Ikeda eyes 3rd LPGT meritcrown,lead,too