BusinessMirror September 16, 2022

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as economic planning secretary of the late president Benigno Aquino from 2012 to 2016.

mitment to reform amid politi cal transition will help assure gradual fiscal repair following the reversal of the strengthen ing of the government's fiscal and debt metrics resulting from the“Thepandemic.Philippines also retains fundamental strengths with re gards to the stability of its banking system and the capacity to meet external debt repayments, not withstanding cyclical pressures on the balance of payments and consequent exchange rate depre ciation,” Moody’s added.

The transfer of their registra tion, Finance Undersecretary An tonette Tionko said, would not re

Despite the high volume of re mittances during the month, Rizal Commercial Banking Corporation (RCBC) chief economist Michael Ricafort warned that its effect on the families and the economy may be tempered by higher prices of consumer goods.

B S A  A C Bloomberg News

Still, Balisacan said the economy can expand by at least 7 percent this

to BOI to keep their perks Moody’s keeps PHL ratings at Baa2; outlook still stable See “July,” A2 See “Diokno,” A2 See “FIRB,” A2

Still, Balisacan said the economy can expand by at least 7 percent this

POGO law, a total of P1.22 bil lion in taxes has been collected by BIR from POGOs from Oc tober 9 to December 31, 2021. (Story here: oct-dec-21/)%e2%82%a71-2b-from-pogos-in-com.ph/2022/02/14/bir-collects-https://businessmirror. “If you ask my personal opin ion on this, let’s discontinue with the POGOs because of the social cost of the POGO,” Diokno said in a hearing when Senator Imee Marcos asked the economic team what it plans to recommend re garding the expansion or contin uation of POGOs in the country.

Consistentlycommission.growing at the rate of 6 percent for six years will make Philippines a half-a-trillion dollar economy, according to Bloomberg calculations.enation’s fi rst-quarter expansion of 8.3 percent is already among Asia’s fastest, thanks to the reopening from the pandemic. Still, Marcos’s team faces immediate challenges: infl ation is at its fastest in three years, budget deficit has widened and the global outlook has dimmed.

FIRB allows BPOs

“ Moody’s ,” A2 M E M b Er S of the Power for People coalition, a network of civil society organizations, cooperatives and consumers, stage a picket rally in front of the Meralco headquarters on Ortigas avenue in Pasig city, thursday, September 15, 2022. they are urging the electric distribution utility company to side with consumers in light of San Miguel corp.’s pass-on charges to recoup its losses due to the high prices of fossil fuel. NONOY LACZA THE WORLD ›› A13 QUEEN ELIZABETH LIES IN STATE AS THRONGS PAY LAST RESPECTS

Experienced economist BALISACAN will draw from his experience in crafting a new economic development plan. Before taking helm of the antitrust body, he served

B S A  A C Bloomberg News

Philippine economy

as economic planning secretary of the late president Benigno Aquino from 2012 to 2016.

PANDEMIC CHALLENGE MARKS 18TH CONGRESS BusinessMirror A broader look at today’s business www.businessmirror.com.ph P.  |     | 7 DAYS A WEEK■ Thursday, June 2, 2022 Vol. 17 No. 237 ROTARY CLUB OF MANILA JOURNALISM AWARDS 2006 National Newspaper of the Year 2011 National Newspaper of the Year 2013 Business Newspaper of the Year 2017 Business Newspaper of the Year 2019 Business Newspaper of the Year 2021 Pro Patria Award 2018 Data Champion EJAP JOURNALISM AWARDS BUSINESS NEWS SOURCE OF THE YEAR (2017, 2018, 2019, 2020) DEPARTMENT OF SCIENCE AND TECHNOLOGY 2018 BANTOG MEDIA AWARDS PHL to fix weak spots in path to $500-B dream ‘PHL’S H2 GROWTH RESTS ON NEW ECONOMIC TEAM’ S “PHL,” A THE BRP Melchora Aquino, the second of two multi-role response vessels procured by the Philippine government from Japan, is welcomed by the Philippine Coast Guard at the Port Area in Manila on Wednesday, June 1, 2022, completing its maiden voyage from Japan. Constructed by Mit after Tandang Sora, the Grand Woman of the Revolution during the Spanish colonial period, is part of the Maritime Safety Capability Improvement Project of the Coast Guard. ROY DOMINGO B C U. O @caiordinario THE performance of the Philippine economy in the second half of the year will rest squarely on the shoulders of the incoming administration’s economic team, according to a local think tank. Sotto closes ‘productive’ session; Zubiri next SP? OWednesday

quire any physical transfer of these firms. The registration transfer period to BOI from the Philippine Economic Zone Authority (PEZA) will be between now and Decem ber“The2022.FIRB met yesterday and decided that there will be a smooth transfer from PEZA to BOI and so that problem is solved. Their tax incentives will continue but they can opt to do it work from home,” Finance Secretary Benjamin E. Diokno. “If the transition is done, that’s some 2,000 or so firms from PEZA, they will transfer to BOI incentives.”

“Despite the many challenges that happened during my tenure as your Speaker, we have risen and proven ourselves to be One Congress, ready to serve our people,” Velasco told his colleagues.

“We can achieve more with less,” he said, adding that a review and streamlining of beneficiaries are needed. e nation also cannot afford removal of certain taxes on goods as proposed by some sectors, he said.

In his valedictory speech, Speaker Lord Allan Velasco said the 18th Congress was a key and steady partner of President Duterte in passing laws that promoted

To sustain economic growth of at least 6 percent, the next administration must address red tape and build infrastructure needed to attract investment in manufacturing and agriculture, said Balisacan, who holds a PhD in Economics from the University of GivenHawaii.abudget deficit infl ated by pandemic-era support programs, companies and multilateral development agencies may be tapped to fi nance roads, rail and irrigation, he said. Balisacan helped manage the Aquino administration’s fl agship public-private partnership infra-

THE House of Representatives on Wednesday ended the 18th Congress, highlighting its 3-year achievements, including laws to help the country navigate through and emerge stronger from the Covid-19 pandemic.

HE Fiscal Incentives Review Board (FIRB) has decided to allow Business Process Out sourcing (BPOs) firms to transfer their registration to the Board of In vestments (BOI) in order for them to continue enjoying their incentives.

The Central Bank reported on Thursday that cash remittances grew 2.3 percent in July this year from its level the same month last year to hit $2.9 billion. While this is the highest monthly cash remit tance for the year, July’s remit tances saw a slower growth rate compared to the previous month’s 4.4Onpercent.ayear-to-date basis, cash remittances amounted to $18.26 billion in January to July 2022, up by 2.8 percent from $17.77 bil lion recorded in the same period lastTheyear.BSP traced the expansion in cash remittances in July 2022 to

In its latest Market Call report, First Metro Investment Corp. and University of Asia and the Paci c (FMIC-UA&P) Capital Markets Research said the growth momentum which gave rise to the 8.3-percent growth in the rst quarter will spill over to the second quarter. However, the performance of the economy in the third and fourth quarters will be determined by the policies to be implemented by the new cabinet can handle the emerging scenario,” the reportOnestated.ofthe major risks that post the most uncertainty to the economy is the Russia-Ukraine war which will mark its rst 100 days. The war began in February 24 this year and will reach 100 days on June 3. FMIC-UA&P Capital Markets Research said commodity prices, particularly oil prices, could remain elevated until the war in EastB J M N. D C @joveemarie

services contributes the majority. “I would like to see those weakest points as the priority of the administration,” said the 64-year-old, who’s currently chairman of the nation’s antitrust

T HE country faces “repu tational risks” if it con tinues to allow Philip pines Offshore Gaming Op erators (POGOs) to operate, according to Finance Secretary Benjamin Diokno. In a Senate Finance Commit tee hearing on Thursday, Diok no added that the impact on the country’s revenues would not be significant since revenues have reached only P3.9

the growth in receipts from both land-based and sea-based workers.

and strengthened our political and governmental institutions.

year, within the official growth estimate, riding the recovery from the record contraction in 2020 due to the pandemic. He said he will push for more targeted support measures to ease infl ation’s burden on the poor while ensuring “tight” government fi nances are managed properly.

I

PANDEMIC CHALLENGE MARKS 18TH CONGRESS BusinessMirror A broader look at today’s business www.businessmirror.com.ph P.  |     | 7 DAYS A WEEK■ Thursday, June 2, 2022 Vol. 17 No. 237 ROTARY CLUB OF MANILA JOURNALISM AWARDS 2006 National Newspaper of the Year 2011 National Newspaper of the Year 2013 Business Newspaper of the Year 2017 Business Newspaper of the Year 2019 Business Newspaper of the Year 2021 Pro Patria Award PHILIPPINE STATISTICS AUTHORITY 2018 Data Champion EJAP JOURNALISM AWARDS BUSINESS NEWS SOURCE OF THE YEAR (2017, 2018, 2019, 2020) DEPARTMENT OF SCIENCE AND TECHNOLOGY 2018 BANTOG MEDIA AWARDS PHL to fix weak spots in path to $500-B dream ‘PHL’S H2 GROWTH RESTS ON NEW ECONOMIC TEAM’ S “PHL,” A THE BRP Melchora Aquino, the second of two multi-role response vessels procured by the Philippine government from Japan, is welcomed by the Philippine Coast Guard at the Port Area in Manila on Wednesday, June 1, 2022, completing its maiden voyage from Japan. Constructed by Mitsubishi Shipbuilding Co. in Japan, the ship, named after Tandang Sora, the Grand Woman of the Revolution during the Spanish colonial period, is part of the Maritime Safety Capability Improvement Project of the Coast Guard. ROY DOMINGO B C U. O @caiordinario THE performance

PHILIPPINES’S incoming economic planning secretary Arsenio Balisacan plans to bolster the economy’s weak spots as he targets at least 6-percent annual growth throughout the term of President-elect Ferdinand Marcos Jr. e next administration must boost investment in agriculture and manufacturing and build infrastructure to grow the economy between 6-8 percent annually to 2028, Balisacan said in an interview Wednesday.Farm and industry output currently account for less than 40 percent of gross domestic product, while

Earlier in the day, colleagues signaled that Zubiri had secured the “votes” of majority of senators who will sit in the 19th Senate, a

T HE r ating was assigned a stable outlook, which means that it is unlikely to be changed in the next 12 to 18 Moody’smonths.hasalso affirmed the government’s foreign currency senior unsecured shelf rating at (P) Baa2 and the senior unsecured ratings for the liabilities of the country’s central bank, Bangko Sentral ng Pilipinas (BSP) at Baa2.

To sustain economic growth of at least 6 percent, the next administration must address red tape and build infrastructure needed to attract investment in manufacturing and agriculture, said Balisacan, who holds a PhD in Economics from the University of GivenHawaii.abudget deficit infl ated by pandemic-era support programs, companies and multilateral development agencies may be tapped to fi nance roads, rail and irrigation, he said. Balisacan helped manage the Aquino administration’s fl agship public-private partnership infraof the in the second half of the

FILIPINO

$2.9B, HIGHEST FOR 2022

and strengthened our political and governmental institutions.

Moody’s added that contin ued policy orthodoxy and com

NTERNATIONAL credit watcher Moody’s Investors Service announced on Thurs day that it affirmed the Philip pines’s rating on the back of the country’s ongoing recovery amid turbulent times.

THE House of Representatives on Wednesday ended the 18th Congress, highlighting its 3-year achievements, including laws to help the country navigate through and emerge stronger from the Covid-19 pandemic.

JULY REMITTANCES HIT

“Despite the many challenges that happened during my tenure as your Speaker, we have risen and proven ourselves to be One Congress, ready to serve our people,” Velasco told his colleagues.

By Bianca Cuaresma @BcuaresmaBM

Stable outlook

Drilon moved to elect Majority Leader Juan Miguel Zubiri as the pore from noon of June 30 until July 25, when the 19th Congress

His peers heaped praise on Sotto for his leadership, and lauded and thanked as well the seven other “graduating” members of the chamber, including two other pil-

T

as adjourned sine die the third regular session of the 18th Congress on the part of the Senate, capping what Minority Leader Franklin Drilon described as “one of the most productive sessions” of the chamber, a feat made remarkable by the fact that much of it was in a pandemic.

In his valedictory speech, Speaker Lord Allan Velasco said the 18th Congress was a key and steady partner of President Duterte in passing laws that promoted economic development, strength-

Consistentlycommission.growing at the rate of 6 percent for six years will make Philippines a half-a-trillion dollar economy, according to Bloomberg calculations.enation’s fi rst-quarter expansion of 8.3 percent is already among Asia’s fastest, thanks to the reopening from the pandemic. Still, Marcos’s team faces immediate challenges: infl ation is at its fastest in three years, budget deficit has widened and the global outlook has dimmed.

“I would like to see those weakest points as the priority of the administration,” said the 64-year-old, who’s currently chairman of the nation’s antitrust

only likely candidate to stand for election as the next Senate President, after Sen. Cynthia Villar, earlier touted as a strong contender, announced she was withdrawing rISKS’ to move

By Cai U. Ordinario @caiordinario billion in 2021, a little over half the P7.2 billion it generated at its peak. Since the effectivity of the

The ratings agency also said it “sees sufficient momentum” to

2021 has been strong and will be resilient to the current challenges posed by the turn in global credit conditions over the near-term,” the ratings agency said.

Experienced economist BALISACAN will draw from his experience in crafting a new economic development plan. Before taking helm of the antitrust body, he served

In a statement, Moody’s said the Government of the Phil ippines’s long-term local and foreign currency issuer and se nior unsecured ratings remains at Baa2. The outlook remains stable.“InMoody's view, the rebound in economic activity since mid-

“One Congress, ready to scrutinize the national budget, to pass laws, to conduct hearings, to provide oversight on the implementation of laws, and to generally make it easier for the next Congress and its leadership, to continue the leg-

year, within the official growth estimate, riding the recovery from the record contraction in 2020 due to the pandemic. He said he will push for more targeted support measures to ease infl ation’s burden on the poor while ensuring “tight” government fi nances are managed properly.

“One Congress, ready to scrutinize the national budget, pass laws, to conduct hearings, to provide oversight on the implementation of laws, and to generally make it easier for the next Congress and its leadership, to continue the legislative work for the sake of our ka-

PHILIPPINES’S incoming economic planning secretary Arsenio Balisacan plans to bolster the economy’s weak spots as he targets at least 6-percent annual growth throughout the term of President-elect Ferdinand Marcos Jr. e next administration must boost investment in agriculture and manufacturing and build infrastructure to grow the economy between 6-8 percent annually to 2028, Balisacan said in an interview Wednesday.Farm and industry output currently account for less than 40 percent of gross domestic product, while

Moody’s, however, warned that while the challenging global cred it conditions are not expected to derail the Philippines’s ongoing recovery from the coronavirus pandemic, the severity of the pan demic shock has led to an erosion in the rating agency’s assessment of economic strength.

On the second day of the De velopment Budget Coordination Committee (DBCC)’s briefing on the 2023 National Expenditure Program in the Senate, the Depart ment of Finance (DOF) explained that during the transfer, there will be no diminution in the incentives of these firms.

In terms of country source, the growth in cash remittances from the United States (US), Saudi Arabia, Singapore, and Qatar contributed largely to the increase in remittances in the first seven months of 2022.

See

services contributes the majority.

migrant workers sent around $2.9 billion in cash remittances in July this year, the highest monthly remittance to the country for 2022, data from the Bangko Sentral ng Pilipinas (BSP) showed.

year will rest squarely on the shoulders of the incoming administration’s economic team, according to a local think tank. of it was in a pandemic. His peers heaped praise on Sotto for his leadership, and lauded and thanked as well the seven other “graduating” members of the

PESO E xchangE ratES n US 57.1600 n jaPan 0.3994 n UK 65.9855 n hK 7.2828 n chIna 8.2091 n SIngaP OrE 40.6572 n aUStralIa 38.5830 n EU 57.0571 n KOrE a 0.0411 n SaUDI arabIa 15.2062 Source: BSP (September 15 2022) A broader look at today’s business www.businessmirror.com.ph n Friday, September 16, 2022 Vol. 17 No. 343 P25.00 nationwide | 2 sections 24 pages | 7 dayS a week BusinessMirror In its latest Market Call report, First Metro Investment Corp. and University of Asia and the Paci c (FMIC-UA&P) Capital Markets Research said the growth momentum which gave rise to the 8.3-percent growth in the rst quarter will spill over to the second quarter. However, the performance of the economy in the third and fourth quarters will be determined cabinet can handle the emerging scenario,” the reportOnestated.ofthe major risks that post the most uncertainty to the economy is the Russia-Ukraine war which will mark its rst 100 days. The war began in February 24 this year and will reach 100 days on June 3. FMIC-UA&P Capital Markets Research said commodity prices, particularly oil B J M N. D C @joveemarie

Zubiri appears now to be the only likely candidate to stand for election as the next Senate President, after Sen. Cynthia Villar, earlier touted as a strong contender,

“We can achieve more with less,” he said, adding that a review and streamlining of beneficiaries are needed. e nation also cannot afford removal of certain taxes on goods as proposed by some sectors, he said.

DIOKnO: KEEPIng POgOS gIVES Phl ‘rEPUtatIOnal

PBBM’s speech at UN to tackle economic policies, climate change

BusinessMirror www.businessmirror.com.phFriday, September 16, 2022A2 News FIRB... Continued from A1

The only difference is that those firms registered under the PEZA will be required to operate onsite. This, Tiokno said, is an important feature of PEZA “Theyrules.will simply continue the incentives they've been enjoying because right now they're under a transitory period because most of them were registered pre-CREATE. So whatever it was that they are en joying right now, [those] will simply carry over,” Tionko explained.

The President is expected to fly home on Sept. 24, 2022.

leading to severe economic scarring—as represented by one of the largest cumulative economic output losses among rated sovereigns—and a dete rioration in Moody's assess ment of economic strength,” it added.While Moody’s does not ex pect a material change to influ ence the ratings of the country, the ratings agency said it would consider upgrading the Philip pines’s sovereign rating upon evidence of a more rapid rever sal of the deterioration in fis cal and debt metrics stemming from the coronavirus shock.

to moderate as commodity prices ease from peaks recorded earlier this“Overyear. the long term, Moody's continues to view the Philippines as characterized by higher economic growth relative to most Baa-rated peers, with favorable demographics

“The BSP’s recent policy actions are intended to bring inflation and infla tion 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 targetconsistent path over the medium term, consistent with its primary objective to promote price stability,” the Central Bank earlier said in a statement.

tion, is economic recovery," AngelesAroundsaid.152 heads of states are expected to participate in the event with the theme: “A Watershed Moment: Transfor mative Solutions to Interlock ingAnglesChallenges.”saidthey are still awaiting confirmation on whether Marcos will hold bi lateral talks with the other participating state leaders.

“At these engagements, he will be able to have wide-rang ing and candid discussions with political, business and community leaders on raising the profile of the Philippines in the United States, contrib uting to the President’s eco nomic agenda and strength ening Philippine-US political, economic and cultural ties,” Gonzaga said.

Cai U. Ordinario

RCEF is used to provide farm ma chinery and equipment, rice seed de velopment, propagation, and promo tion, expanded rice credit assistance, and rice extension services.

“In fact, China has discon tinued [POGOs], even Cambo dia. It is also a reputational risk because people will ask why are they going to the Philippines? Maybe because we are loose or we are not strict on our rules. So meron tayong [we have a] reputational risk,” he explained.

Abalos is set to present on Wednesday afternoon Chi nese nationals who have been kidnapped but were rescued by the PNP Anti-Kidnapping Group. Azurin is expected to join the Department of the Interior and Local Gov ernment (DILG) secretary.

Budget

Some P489.6 million will be part of the budget of the Bureau of Fisheries and Aquatic Resources and allocated forThisfisherfolk.willgo to fuel discounts for qualified farmers and fisherfolk who own and operate agricultural and fishery machinery individu ally, or through a farmer organiza tion, cooperative, or association.

“Whatever gains OFWs and their families may have due to more peso pro ceeds for their US dollars/ foreign currencies may be negated by higher prices, currently near 4-year high at 6.3 percent; somewhat prompting the need to send more OFW remittanc es to the country,” Ricafort said.

Meanwhile, of the P1-billion as sistance to farmers and fisherfolk, some P510.45 million is lodged un der the budget of the Department of Agriculture for corn farmers.

Tionko explained that the transfer to BOI will also allow these IT-BPO firms to operate on a work-fromhome or hybrid arrangement while enjoying their incentives from the BOI.She noted that under the Corpo rate Recovery and Tax Incentives for Enterprises (CREATE), firms regis tered under the BOI and PEZA will enjoy the same incentives.

“Under Secretary Diokno [we don’t have what is called] FLR. So it’s ac tually something new to us when I reentered DBM,” Pangandaman said.

Senator Juan Edgardo Angara, who chairs the Senate Commit tee on Finance, remarked that FLR funds and cash-based budgeting are antithetical to each other. He cited economic principles of efficiency and opportunity cost as factors negating the utility of FLR funds.

balanced against a heightened sus ceptibility to environmental risks given the high incidence of climaterelated shocks,” Moody’s said.

Diokno...

tion of sustained high growth and rapid restoration of fiscal strength would denote particu larly effective macroeconomic and fiscal policy,” Moody’s said.

PRESIDENT Ferdinand “Bongbong” R. Marcos

Economic briefing A F TER the UNGA event, Mar cos will hold an economic briefing together with other members of the Philippine business delegation, to in clude Philippine private sec tor"Thisleaders.briefing is expected to attract institutional inves tors, senior corporate execu

During the Senate Finance Com mittee Hearing, Budget Secretary Amenah F. Pangandaman said the term “FLR funds” was not used.

Senator Marcos raised the issue of POGOs after re ports stated that there were illegal activities, including kidnapping, linked to PO GOs. See related story in News, A5.

On Wednesday, Philippine National Police (PNP) chief General Rodolfo Azurin Jr. or dered the PNP Civil Security Group and police regional of fices to conduct an inventory and accounting of all private security personnel working as “bodyguards” to very impor tant people (VIP), including

He issued the order in the “wake of reports” of involve ment of licensed protective agents in “violent incidents involving their protectees,” some of whom are foreigners doing business in the country.

T HE D epartment of Budget and Man agement (DBM) clarified that there are no for-later-release (FLR) funds in the proposed national government budget for 2023.

Continued from A1

Moody’s...

"We don’t announce the details of the speech until it’s actually been made. But in this case, the President’s primary objective and in fact this means policy in his governance, in this administra

tives, business analysts, and even academic think tanks and entrepreneurs," Foreign Affairs Assistant Secretary Jose Victor Chan-Gonzaga said.Marcos will also meet with members of the US Chamber of Commerce, the US-ASEAN Business Council, and the USPhilippine Society.

July... Continued from A1

Meanwhile, Pangandaman told senators there is an allocation of P10 billion for the Rice Competitive ness Enhancement Fund (RCEF) and another P1 billion for assistance to farmers and fisherfolk next year.

Reports stated that there were claims of a spike in criminal activities, especially kidnapping, which is being attributed to Chi nese nationals and perpetrated also against their compatriots in the operations of POGOs.

security, energy security and sus tainable economic development, amongMarcosothers.isexpected to fly to the US this Sunday to participate in the UN General Assembly (UNGA) de bate at approximately 3:15 to 3:30 in the afternoon, New York time nextTheTuesday.Department of Foreign Af fairs (DFA) said the President will be discussing climate change, the rule of law and food security in his first ever address in the UNGA.

“Going forward, risk of recession in the US, which is the world’s larg est economy, as well as higher global interest rates and inflation, could still be drags on employment prospects for OFWs and could also potentially slow down OFW remittances in the coming months,” he added.Local inflation hit 6.3 percent in August, eas ing slightly from the 6.4 percent in the previous month.

In a virtual press conference on Thursday, Press Secretary Beatrix "Trixie" Cruz-Angeles said Marcos is also expected to tackle his eco nomic policies in his UNGA speech.

“This would likely entail a sustained restoration of eco nomic growth to rates similar to those recorded prior to the pandemic. Together, a resump

The IT & Business Process Associa tion of the Philippines (IBPAP) earlier said the mass transfer of registra tion from one Investment Promotion Agency (IPA) to another may be diffi cult for businesses since the policies that govern them are not the same.

“However, strict and prolonged pandemic containment restrictions contributed to a delayed recovery from the coronavirus shock, in turn

foreigners, following reports of involvement of some of them in illegal and criminal activities. (Story: ing-as-goons-of-vips-and-pogos/)down-vs-private-security-men-workph/2022/09/15/pnp-orders-crackhttps://businessmirror.com.

On the other hand, factors that would prompt a down grade of the Philippines' sov ereign rating include a greater deterioration in fiscal and gov ernment debt metrics relative to peers or an erosion of the country's external payments position that threatens liquid ity “Theconditions.reversal of reforms that have supported prior gains in economic and fiscal strength, as well as substan tial deterioration in institu tions and governance strength, would also be negative,” it said. Bianca Cuaresma

By Samuel P. Medenilla sam_medenilla

Jr. is set to tackle pressing international concerns such as climate change and the country’s economic policies during his speech before members of the United Nations (UN) when he flies to New York next week.

Continued from A1

IBPAP expressed concern that PEZA-based firms have been fac ing “immense uncertainties” owing to the lockdowns which led to WFH arrangements. These firms, it added, should be given the "autonomy on whether to keep their projections with PEZA or to transfer their reg istration with BOI."

support real GDP growth of 6.6 percent for 2022 and 6.2 percent for 2023, as price pressures are set

Likewise, he will also try to at tract potential foreign investors during the brief US visit to help the country achieve its goals in food

For his part, Sen. Joseph Vic tor “JV” G. Ejercito asserted that resolving the alarming spate of kidnappings is an urgent concern “because peace and order is indis pensable to economic recovery.”

I nterior and Local Govern ment Secretary Benhur Abalos an nounced the rescue of the kidnap victim and 42 others who were vic tims of human trafficking during a news briefing at the AKG head quarters on Wednesday afternoon.

I n a news statement, Abalos said the latest kidnap victim was rescued after midnight on Tuesday in Angeles City, Pampanga.

THE Regional Trial Court (RTC) of San Carlos City  has convicted and sentenced to 20 years of  imprisonment two in dividuals, including a Chinese na tional, after they were found guilty of engaging  in human trafficking through the so-called mail-order bride scheme.

RTC convicts three persons of human trafficking in mail-order bride scheme

(FFCCCI) reporting they had received reports of more than 60 cases. I n the latest reported case, au thorities on Wednesday rescued 43 Chinese nationals, one of them a kidnap victim, during operations by the Philippine National PoliceAnti-Kidnapping Group (AKG) in Angeles City, Pampanga.

chairman of the Senate Peace and Order Committee expressed disgust at the discovery that several of the suspects tagged in recent spate of kidnappings of foreigners in an apparent human-trafficking operation were actually designated “protective agents” licensed to provide security to POGO (Philippine Offshore Gaming Operators) executives, among others.

Incidental to the rescue of the kid napped foreigner, 42 other Chinese nationals similarly enslaved under hu man trafficking conditions in a Philip pine Offshore Gaming Operation es tablishment were likewise rescued by operatives of the PNP Anti-Kidnapping Group [PNP-AKG],” Abalos added.

He reported that the crackdown on unauthorized security personnel employed in POGO establishments, inspection and audit were ordered by new PNP chief General Rodolfo Azurin Jr. “to preclude possible in volvement of private security provid ers in illegal activities at POGO and other gaming establishments.”

Following the victim’s execu tion of sworn affidavit, the NBIIAID filed a complaint against the accused before the Office of the City Prosecutor in San Carlos City, Pangasinan. Theprosecutor found probable cause against the accused to warrant the filing of the case before the RTC for violation of Republic Act 9208, or the Anti-Trafficking in Persons Act of 2003. TheRTC in a decision issued on August 10 found Li and Aquino guilty for violation of said law.

www.businessmirror.com.ph Editor: Vittorio V. Vitug • Friday, September 16, 2022 A3BusinessMirror The Nation

A balos said the operation stemmed from information provid ed by foreign police counterparts of the PNP and was based on complaints by the family of a kidnap victim, who was held for P1 million ransom since Monday evening.

T he country remains in Tier 1 ranking since 2016 in the Traffick ing in Persons Report being released by the US State Department.

T he case was filed by the Na tional Bureau of Investigation (NBI) against Li and Aquino on be half of the victim  based on the in formation provided by the  Depart ment of Foreign Affairs (DFA) to the agency’s International Airport Investigation Division (IAID) with regard the repatriation of the victim who was rescued in China.

T hese are protective agents ac credited by the Supervisory Office for Security and Investigation Agency (SOSIA), and yet, an aghast Sen. Ron ald dela Rosa noted partly in Filipino, some of them are now involved in crimes, as seen by viral videos, serv ing as “goons of Chinese syndicates.”

B ased on the investigation of the NBI, Li and Aquino recruited

the victim in 2017 in Urbiztondo, Pangasinan  to work in China on the condition that she would marry Lai, who was introduced to her by theAtwo. fter the victim agreed to the scheme, Lai and Aquino sent the victim to China, where instead of landing on a job, she was de tained, and her passport and visa were seized.

He noted that the rescue of the victim led to a follow up rescue of 42 other Chinese nationals, also at the Lucky South 99.

A side from the prison term, the San Carlos City RTC ordered the accused Li Chun Rong and Violeta Aquino to pay a fine of P1 million and P400,000 in dam ages to their victim.

THE

A lso in Thursday’s hearing, Sen. Grace Poe called on law enforcement agencies to work together in prevent ing and acting on incidents of abduc tion, especially those that involve foreigners.  She raised concern over reports that some foreign tourists are being tricked into visiting the Philippines, only to be abducted and “sold” to criminal syndicates.

A former Philippine National Po lice (PNP) chief, dela Rosa is conduct ing the investigation after senators expressed alarm over the rash of ab ductions of foreign nationals, some Chinese and other Asian nationali ties, with the Federation of FilipinoChinese Chambers of Commerce Inc.

Moreover, the Committee on Public Order and Dangerous Drugs asked law enforcement agencies for updates on the status of their investigations on the recent spate of crimes and violence, such as kidnappings, abductions and disappearances perpetrated against Filipinos and foreign nationals.

T he rank indicates significant efforts have been exerted  by the government to address the hu man trafficking problem in the country.

Citing information reaching her office, the senator said the victims were exploited and forced to work by the alleged syndicates. “That’s why it is a big challenge to our police force, as this requires coordination,” Poe said in Filipino, while also asking im migration authorities to thoroughly screen foreign nationals entering the country. “Because if these incidents happen here, I’m sure it can happen to Filipinos, our countrymen, abroad. So we should investigate these,” she said.

T he victim also said she was sexu ally abused by Lai and his brother-inlaw before she was able to seek help from the authorities.

By Joel R. San Juan @jrsanjuan1573

A suspect identified as Chen Yi Bien alias Ayi, 33, Human Resource Manager of Lucky South 99, an ap parent POGO outfit, was arrested during the operation.

However, Lai  remains at large while the DFA said it is coordinat ing with its Chinese counterparts for his arrest.

T he DFA assisted victim in fil ing a  complaint before the NBIIAID against the two and another Chinese national, Lai Wei Qi for human trafficking.

By Butch Fernandez  @butchfBM

Sen. Bato appalled over reported use of ‘protective agents’ to commit crimes

hurt the country’s competitive ness and ability to become a suc cessful agro-industrial economy,” the DA added.

to

“ Salt has been a very impor tant commodity for thousands of years, and has engraved its part in the economic history of the world,” the DA said in MC 34, which was signed by agriculture officials on September 14. A copy of MC 34 was posted on the DA’s web site on Thursday.

“Salt producers who ceased their operation but were encouraged to revive their operation and avail of the new technologies to increase salt production,” it said.

By Jasper Emmanuel Y. Arcalas @jearcalas

T he DA said eligible beneficiaries of the DSIP are existing salt produc ers and fishermen that are willing to collaborate and adopt latest tech nologies on salt production.

T he country’s salt imports in the first half rose year-on-year by 10 percent to $14.176 million from last year’s $12.903 million, latest government data showed. (Re lated story: h1-psa-data/phls-salt-imports-rise-10-in-mirror.com.ph/2022/09/12/https://business)

K abayan Rep. Ron Salo, for his part, said the existing minimum wage of the private sector should be lifted to a level that will give every Filipino family a humane standard of living. Salois proposing that the mini mum wage be fixed at P750 for all workers in the private sector across the country to address the prevail

MANILA Water Company announced on Thursday the complete rehabilitation of Curayao Reservoir in Rodriguez, Rizal to boost water supply in the East Zone.

A4 BusinessMirror www.businessmirror.com.ph Economy Friday, September 16, 2022 • Editor: Vittorio V. Vitug

Manila Water announces completion of Curayao Reservoir rehabilitation Taguig JO, COS workers obtain SSS membership

hazards of disability, sickness, maternity, old age, death and even unemployment.  Cayetano initially met with SSS officials and the Taguig Human Resources and Management Office headed by Ms. Jeanette Clemente to discuss the program.

T he City of Taguig, through SSS Taguig, has yielded the biggest collection of SSS contributions for two consecutive years nation wide, attributed primarily to the City’s good business environment and leadership.

Salt farmers/producers and pro cessors who will be capacitated and provided training on appropriate technologies for product formula tion, packaging, and labeling and compliance to food safety require ments,” it added.

Nograles underscored the urgency in deliberating on these wage-related bills soon.

rate, amid rising cost of food and other commodities.

HE Department of Agricul ture (DA) issued on Thursday the implementing guidelines of its salt industry development project that seeks to boost the country’s local production of the commodity by expanding produc tion areas.

T he DA earlier disclosed that it has a P100-million budget for the development of the country’s salt industry, which has been “ne glected” for years as claimed by agriculture officials.

A fter the one-week IEC campaign, all 1,589 attendees registered for the Self-Employed program.

A ccording to the SSS, Taguig will serve as a “model city” for oth er local government units (LGUs) in the National Capital Region (NCR) for this program, which aims to expand SSS coverage to JO and COS personnel.

water supply and for emergency response for Marikina and neighboring towns of San Mateo andTheRodriguez.rehabilitation of the reservoir, which cost P16.9 million, began earlier this year, with the overall 21,699providewaterbymaximizesupplytheJuliussaidhandlecalamities,insoilTestprojecttheprojectstandardstherecommissioning.facilityistwoofdismantlingreplacement—fromtotheinstallationthenewtank—takingonlymonths.Constructionwork100percentcompleteandtheisnowreadyfortestingandApartfromensuringthatreservoiradherestowaterandregulations,theteamalsoseekstoensurefacility’sresilience.“ThemainchallengeforthisistheGeotechnicalasweneedtoconsiderthestabilitytoensurethattheeventofearthquakeorthereservoircantheimpactfromit,”ConstructionManagerCruz.Oncefullyoperational,reservoirwillhelpensurereliabilityandwilltheCurayaosystemupto11millionlitersofperday(MLD),enoughtowatersupplytoatleasthouseholds.

T hey were given the opportu nity to enroll in the SSS program as self-employed individuals with the city facilitating the de duction and remittance of pre mium contributions.

T he lawmaker, however, also called for sobriety, saying the pas sage of a national minimum wage is not a “done deal.”

however, must be registered under the Fisherfolk Registry system of the local government unit or Registry System for Basic Sector in Agricul ture (RSBSA).

Concerns regarding the country’s reliance on importation to meet lo cal salt requirements were aired in the past few weeks after agriculture officials sounded the alarm over dwindling domestic production of theTcommodity. heDApointed out that the country imports 93 percent of its salt supply, which it described as an “unfortunate circumstance to a country with 36,000 kilometers of shoreline.”TheDAattributed the dwin dling local salt production to years of neglect by the govern ment to implement programs that would support and boost local salt farmers productiv ity and welfare. (Related to-revive-phl-salt-industry/ph/2022/08/30/government-https://businessmirror.com.story:)

T he DA explained that increas ing domestic salt production would require expansion of salt-produc ing areas nationwide, a measure that the national government must spearhead.

T he proposals are seen to help Fili pinos cope with the increase in prices of food and other commodities.

HE City of Taguig and the Social Security System (SSS) signed a memoran dum of agreement (MOA) on the city Self-Employed program to provide Job Order (JO) and Con tract of Service (COS) personnel with SSS benefits and loan privi leges as active members.

Before the rehabilitation, it was only running at 75 percent to 80 percent capacity to lessen the impact of static pressure on cracks andTheleaks.Curayao reservoir is one of the six reservoirs located in Manila Water’s Marikina Grid. These reservoirs have been serving as storage for

While everyone is united in the desire to have higher wages, we also have to ensure that employers are not run to the ground because of this,” Nograles added.

Several bills have also been filed seeking to abolish the Regional Tripartite Wages and Productivity Board (RTWPB) and to instead imple ment a general minimum wage across the whole country.

DA releases implementing guidelines in bid revive domestic salt industry

T he DA added that the project would also develop and improve salt production, processing and packag ing technologies through research and capacity building.

T he MOA, signed on Septem ber 14, would enable both SSS and the City to build a strong work ing relationship that will allow JO and COS employees to enjoy the social protection against the

“ The country needs to increase salt production because salt is a food security issue. Not being able to produce its own local salt will

T

T he DA issued Memorandum Circular (MC) 34 that outlined the implementing guidelines of the development of the salt in dustry project (DSIP) to “ensure the smooth implementation” of theTplan.heDA said the DSIP seeks to “produce excellent quality of salt through process enhancement, im provement of practices on salt pro duction, and product compliance to food safety standards.”

OUR existing law of having Regional Tripartite Wages and Productivity Board is still the better approach, and the best approach is collective negotiations so we can see the ca pacity of employers, which provide the terms and conditions for their employees,” Labor Secretary Bien venido Laguesma said during the Department of Labor and Employ ment’s (DOLE) presentation of its proposed P25.8-billion budget for 2023 before the House appropria tionsImplementingcommittee. Republic Act 6727 [Wage Rationalization Act] is still conducive sa paglilikha ng hanapbuhay sa iba’t ibang rehiyon at ibang oportunidad sa kanayunan. Our

House panel vows to tackle wage increase clamor amid price hikes

A fter that fruitful and positive meeting, the Taguig, HRMO im mediately organized an orienta tion on the intended SSS program, as part of its one-week information education and communication (IEC) campaign.

T he orientation was attended by COS and JO City Hall personnel, who were lectured on SSS membership, benefits, and contributions.

By Jonathan L. Mayuga @jonlmayuga

F urthermore, the DSIP seeks to institutionalize capacity building of fisherfolk groups and associa tions in terms of food safety re quirements as well as revitalizing the salt industry as a profitable livelihood for marginalized fish erfolk, particularly women in fishing communities, according to the DA.

DOLE chief defends wage boards

T he wage increase proposals are an urgent matter, he stressed, noting that a Pulse Asia survey in

to improve the salt production pro cesses nationwide to help farmers comply with local and international food safety standards.

As important members of the City of Taguig, your welfare is our utmost priority. Through our partnership with SSS, we want to ensure that you will have the ben efits and protection that you need,” Mayor Maria Laarni Cayetano said as she addressed the employees in one of the SSS orientations at Lakeshore Hall.

T he interested salt producers,

Party-list Rep. Arlene Brosas, meanwhile, expressed hope that DOLE would address wage hike de mands as a legislative priority.

R izal Rep. Fidel Nograles said the panel is already preparing for the discussions, which would begin once the stakeholders have been notified.

T

direction is we should ensure that the wage orders issued by Regional Tripartite Wages and Productivity Board are attuned to the times. We look at this yearly, whether there is a petition [for a wage hike] or not,” he added.

June revealed that 57 percent of Filipinos believe the government must take steps to address infla tion, while 45 percent call for a salary increase.

THE chairman of the House Committee on Labor and Em ployment vowed to immedi ately act on bills calling for higher wages, including the implementa tion of a national minimum wage

By Jovee Marie N. Dela Cruz   @joveemarie

By Claudeth Mocon-Ciriaco @claudethmc3

ing inequality and disparity in in come levels of different regions in the“country. Thelabor issue is a gut issue, be cause the ability of Filipino families to afford food amid inflation is di rectly linked to the pay they receive from their jobs. We in Congress un derstand the clamor of our people and we would like to reassure them that we are taking steps to address the problem,” Nograles stressed.

T he company, in a news statement, said it has recently undertook a major refurbishment of its Curayao Reservoir, a 16-year-old water facility that had undergone several repairs until it was decommissioned from 2011 to 2018.According to Manila Water, supply challenges prompted the company to operate the facility again, but when production from deep wells increased in late 2020, the reservoir manifested multiple leaks and cracks and had to undergo several minor repairs.

Under the DSIP, the DA will pro vide support to salt farmers through the provision of “appropriate” tech nologies and various materials to enhance their yield and ensure qual ity of products. The project also aims

“ Having the resources for iden tification, regulatory approval, construction and partnership, the government should lead the way in stimulating the salt industry by identifying, constructing and pre paring the necessary salt-producing areas and make it ready for the pri vate sector to operate them, which can invite the private sector inves tors to put their working capital, management, local manpower and technological resources to sustain local production, market and dis tribution,” it added.

“Once preparations are done and all stakeholders have been informed, we will proceed with the discussion of these bills,” Nograles said.

www.businessmirror.com.ph Friday, September 16, 2022 A5BusinessMirror News

97.3 percent of the entire operations budget of the DND in 2023.

‘8-pt agenda to blunt impact of high prices’

G overnment Financial Institutions Unified Initiatives to Distressed Enterprises for Economic Recovery (GUIDE), Medical Reserve Corps, Mandatory establishment of evacuation centers in every city, province, and municipality throughout the country/Permanent Evacuation Centers, National Disease Prevention Management Authority or Center for Disease Control and Prevention and Creation of the Virology Institute of theTPhilippines.hecommittees are also expected to prioritize Open Access in Data Transmission, Department of Water Resources and Services and Creation of Water Regulatory Commission, Unified System of Separation, Retirement, and Pension for Uniformed Personnel, Ordaining the Development of the Downstream Natural Gas Industry, E-Governance Act, Free Legal Assistance for Police and Soldiers, Online Registration of Voters and Amendments to the Government Procurement Reform Act.

“ If an annual allocation of P40 billion for the AFP Modernization Program will not change, it will take eight years to complete Horizon 1 and 2. Given the funding defi ciency for Horizon 1 and 2, the implemen tation of Horizon 3, originally scheduled for 2023 to 2028 is likely to be unfunded in the next several years,” it added.

By expense class, Faustino said P138.4 bil lion will go to personal services (PS), P58.6 billion will go to maintenance and other op erating expenses (MOOE), and P43.3 billion will be used for capital outlay (CO).

Under the mechanism, Balisacan said, these Filipinos will receive P500 per month or a total of P3,000 for six months, as a supplement to their income, allowing them to have the means to cope with high

It added that the remaining 83 projects amounting P402.9 billion are in various stages such as contract implementation,

T

By Jovee Marie N. Dela Cruz  @joveemarie

During the budget briefing of the DND, Defense Senior Undersecretary and Officerin-Charge Jose Faustino Jr. presented the proposed 2023 cash-based expenditure pro gram for the DND.

A s of June 20, 2022, the CPBRD said the Revised AFP Modernization Program (RAFPMP) under Horizon 1 (2013-2017) had completed 33 out of the 53 projects ap proved by the President with a total amount of P97.1 billion.

It added that the remaining 20 projects amounting to P46.7 billion are under con

“ I feel relieved that we have finally filled up the organizational gaps. Now we are ready to focus on our primary mandate which is to create legislations that can make life better for our people,” Dalipe said.

T he remaining P6.5 billion or 2.7 percent will be shared by Office of the Secretary, Gov ernment Arsenal, National Defense College of the Philippines, Office of Civil Defense, Philippine Veterans Affairs Office and Vet erans Memorial Medical Center.

O f the 15 defense programs, the CPBRD said five are major recipients of funds— Land Forces Defense Program (P102.7 bil lion); Joint Force Capability Program (P43.6 billion) of which P40 billion will fund the requirements of the Revised AFP Modern ization Program, Air Forces Defense Pro gram (P33.3 billion), Naval Forces Defense Program (P30.5 billion), and Joint Force Operations Program (P4.1 billion).

T he majority leader made the announcement after the plenary elected three chairpersons to fill the remaining vacancies.

tractThereimplementation. are96approved projects by the President under Horizon 2 [2018-2022] with a total funding requirement of P425.9 billion.

A lso, he said, the allocation of P10.8 bil lion for veterans is the same for 2023.

HE House of Representatives on Thursday announced it has completed the constitution of all its 65 standing committees and 15 special committees, and is now ready to create and pass priority legislations of the 19th Congress and the Marcos administration. HouseMajority Leader Manuel Jose Dalipe said the full constitution of all the committees is very crucial for the expeditious passage of the Marcos administration’s priority legislative agenda and the timely approval of the P5.268 trillion National Expenditure Program (NEP) for 2023.

House finishes line-up for committee heads

Creation of the Eastern Visayas Development Authority, Creation of the Department of Disaster Resilience, Internet Transaction Act/E-Commerce law, Waste-to-Energy Bill, On-Site, In-City Near City Local Government Resettlement Program, and Amending the Philippine Passport Act.

THE Department of National Defense (DND) is seeking P240.7 billion for its modernization projects, pensions and expansions next year.

P10-B aid

MEANWHILE , Balisacan also said the government has allocated P10.3 billion to benefit some 6 million Filipinos in the next six months, when the government hopes the spike in prices would already be addressed.

Of the 96 approved projects, only 13 projects amounting P28.9 billion have been completed as of 20 June 2022,” the budget note added.

For pension, he said the decrease in the AFP pension amount—from P64 billion in 2022 to P59 billion in 2023—is due to a more aggressive cleansing of pension payroll activities, which resulted in the reduction of the actual number of pensioners.

In 2023, the House Congressional Policy and Budget Research Department’s (CPBRD) budget noted bulk of the DND budget— P234.2 billion or 97.3 percent will go to the AFP and will be distributed to the following commands: Philippine Army (P109.9 billion or 45.6 percent), GHQ/AFP (P54.1 billion or 22.5 percent), Philippine Air Force (P35.4 billion or 14.7 percent), and the Philippine Navy (P34.8 billion or 14.4 percent).

Faustino said the DND budget for next year is 9 percent higher than the current year’s approved spending level of P220.9 bil lion with increments going to the three ma jor service commands—the Army, Air Force, Navy, and the General Headquarters of the Armed Forces of the Philippines (AFP).

T he combined allocation of these five de fense programs (P214.2 billion) accounts for

Of the P240.7-billion budget proposal, P240.3 billion are new appropriations and P0.4 billion are automatic appropriations.

Dalipe said House Speaker Martin Romualdez has listed several priority legislations, which he hopes would be acted upon by all the House panels during the 19th Congress.

procurement, and/or needing funds to start the implementation.

continued from a16

commodity prices.       “It’s a very meager amount. It’s a very transitory measure. After that, we hope to be able to get the prices to more manageable levels and inflation on food would already be checked,” Balisacan

DND submits P240.7-B 2023 budget proposal to Congress

said.“Given our fiscal constraints and our development agenda, the only way we can achieve more with less is to improve the administration of our social protection programs,” he also said.

T he measures that will be prioritized by the panels are National Defense Act, Rightsizing the National Government, Budget Reform Act, Apprenticeship Act and SIM Card Registration Act.

“All of our standing committees and special committees are 100 percent filled up and ready to carry out their mandate as provided under the Constitution,” Dalipe said.

By Jovee Marie N. Dela Cruz  @joveemarie

T hese bills include Creation of the Leyte Ecological Industrial Zone,

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LEE,

Brief Job ResponsibleDescription:forcost-effective planning, procurement,

Job Description: Provide chat support to clients. Basic Qualification: *Any nationality who can speak and write Chinese fluently. *Preferably 6 months to 1-year customer service experience. *Detailoriented and has the ability to Salarymulti-task.Range: Php 30,000 - Php 59,999 23. TOH TECK WAH Customer Service Representative (Chinese Speaking) Brief Job Description: Provide chat support to clients. Basic Qualification: *Any nationality who can speak and write Chinese fluently. *Preferably 6 months to 1-year customer service experience. *Detailoriented and has the ability to Salarymulti-task.Range: Php 30,000 - Php 59,999 AMAZON OPERATION SERVICES PHILIPPINES, INC. B21 Three E-com Moa Complex, Harbour Drive Cor. Bay Shore, Brgy. 076, Pasay City 24. BUI THI NA Seller Onboarding Associate Brief Job CommunicatesDescription:effectively via video call with our customer base - third party seller who want to sell on Amazon in its various marketplace. Demonstrate effective, clear and professional written and oral communication Basic Qualification: Clear and effective oral and written communication with the ability to transition easily from communicating in both Vietnamese and English fluently. Salary Range: Php 30,000 - Php 59,999 AMB HK ENTERPRISES INC. 6 Felipe, Pike St., Bagong Ilog, City Of Pasig 25. MEWADA, SANDEEP JAYANTILAL Regional Pharmaceutical Strategist - Asia Pacific Brief Job Description: Degree in business, economics, engineering, life sciences/ 6 years in management consulting in the Pharmaceutical industry Basic Qualification: Drive strategic commercial and customer-oriented initiatives across APAC to stay abreast of customer and market trends Salary Range: Php 150,000 - Php 499,999 AMDOCS PHILIPPINES INC. 23rd, 25th, And 26th Floors Eco Tower, 32nd St. Cor. 9th Ave. Bonifacio Global City, Fort Bonifacio, City Of Taguig 26. RAVI PRATAP SINGH Scrum Master Brief Job Description: Provide recommendations to the software engineering manager for estimates, resource needs. Basic Qualification: Bachelor’s anddomainknowledgedegree,intheBSS(technologyAmdocsproductsOrdering, CRM) Salary Range: Php 90,000 - Php 149,999 27. SELVAMUTHU, MANOJ KUMAR Software Technical Expert Brief Job ResponsibleDescription:forserving as specialist on specific modules, applications or technologies Basic Qualification: Bachelor’s degree and has depth knowledge in the OSS domain (Technology and products) Salary Range:

B2B

20. ATSUMI, TOSHIHIKO Service Delivery Ops Team Lead

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

Salary Range: Php 90,000 - 149,999 ANALYTICS AND MARKETING SERVICES CORPORATION 28/f Tower, 6789 Ayala Ave.,, Bel-air, City Of Makati WEI, MandarinLINFENGCustomer

Brief Job Description: and analyze

Php

19.

Brief Job Description: Seeking an experienced subject matter expert with demonstrated competence with mobile ran oss kpi optimization, dt optimization, and management. Knowledge and experience working with Huawei and Ericsson vendor systems; as an rf expert, this person will help define how we optimize, deploy, and optimize mobile networks; this position requires broad technical knowledge of different rf; leverages in-depth industry knowledge of the business environment and various technical solutions to assist the customer to improve their network cost advantage by increasing operational efficiencies within their radio network; excellent communication and interpersonal skills are important for this position.

21.

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

29. MANWOO Senior Director / Procurement

Basic Qualification: Graduate of any 4yr course, preferably it or engineering related. Strong working knowledge of the service desk function. Good knowledge level on multiple it technologies. Excellent communications skills both written and verbal. Willing and able to work effectively in a diverse and multi-cultural environment. Willing and able to work on a shifting schedule.

Basic Qualification: Bachelor’s degree in technology preference in telecommunication. 6+ years of overall wireless and wire line telecom industry experience as a service provider and/or equipment vendor. Huawei and Ericsson vendor knowledge are highly appreciated. Proven hand-on experience in optimization, and management of the rf networks elements. Aware of exclusion matrix for kpi acceptance.

ALTERA KARNA

BUSINESS CORP. 5th, 6th, 7th & 8th Flrs. Eighty-one Newport Blvd., Newport City St., Barangay 183, Pasay City 22. DOAN THI HANH Customer Service Representative (Chinese Speaking)

ANOC99 CORPORATION 5/f To 10/f Ayala Malls Manila Bay Building D., Macapagal Blvd. Cor. Aseana Street, Tambo, City Of Parañaque

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

Basic Qualification: Must Be an Engineering Course Graduate, More than 10 Years in Same/related Field in a Management Capacity Preferably With Experience in Semicon Industry

ALOGO OKOMO, DAVID EDU SW/App/Cloud Tech Support Analyst

72. HOO FU CHENG Malaysian Customer Support Representative

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

59. LIU, XIAOFENG Chinese Customer Service

and English Salary

INVECH TREASURE PROCESSING CORPORATION

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

74. LIU, NARISU Mandarin Customer Support Representative.

Basic Qualification: Bachelor degree. 1-3 working experience in AR & credit preferablymanagement,fromMNCs. Experience in shared services center of a multinational corporation desirable. Excellent communication skills, with the ability to collaborate with a variety of stakeholder’s Good command of English, both oral and written, with foreign language capability (Thai) is required. Knowledge of ERP systems (e.g. SAP) is a plus. Technology proficiency in Microsoft Office and ERP (SAP is preferred). Teamwork spirit and can work under pressure.

Basic Qualification: Knowledgeable in International Foreign Policy

Brief Job Description: Head of the company in the absence of Board of Directors

Basic Qualification: Range: Php - Php 89,999

Salary Range: Php 30,000 - Php 59,999 77. LIN, JER-SHEN a.k.a. JASON LIN President/general Manager

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

Basic FluentQualification:inwrittenand oral Mandarin Range: 30,000 -

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 ESTABLISHMENT / ADDRESS No. NAME OF FOREIGN NATIONAL , POSITION AND BRIEF DESCRIPTION QUALIFICATION AND SALARY RANGE BusinessMirror A7www.businessmirror.com.ph Friday, September 16, 2022 CHINA COMMUNICATIONS SERVICES PHILIPPINES CORPORATION 21st Floor Menarco Tower, 32nd Street, Bonifacio Global City, Fort Bonifacio, City Of Taguig 42. LIANG, ChinesePENGCHENGSpeakingCabling Infrastructure Technician Brief Job Description: Install Cat5e, Cat6, Cat6a and fiber optic cabling system. Basic FluentQualification:inmandarin and English, with good communication skills and preferably 5 years of experience as Chinese-speaking cabling infrastructure technician. Salary Range: Php 30,000 - Php 59,999 43. TAN, ChineseBOHUASpeaking Cabling Infrastructure Technician Brief Job Description: Install Cat5e, Cat6, Cat6a and fiber optic cabling system. Basic FluentQualification:inmandarin and English, with good communication skills and preferably 5 years of experience as Chinese-speaking cabling infrastructure technician. Salary Range: Php 30,000 - Php 59,999 CISCO TECHNOLOGIES PHILIPPINES, INC. 2608-t 26th Floor, Sm Aura Tower, 26th Street Corner Mckinley Parkway, Bonifacio Global City, Fort Bonifacio, City Of Taguig 44. KATTA, JAGADEEP KUMAR Project Director Brief Job Description: Lead and manage the end-to-end program encompassing the requirements in plan, design, test, control integration, build and transition of large-scale, multi-vendor, multi technology solutions; Provide the vision, strategy, and business objective alignment ad leadership while leading by example Basic Qualification: Candidate Must Possess At Least DegreeBachelor’s/CollegeinTheRelatedField. Must Have At Least 3 Years Working Experience in The Related Field Salary Range: Php 150,000 - Php 499,999 CLICKPLAY SPORTSGAME CORP. 3/f, #119, Dr. Lazcano St., Laging Handa, Quezon City 45. DUONG VU THI MINH TAM 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 46. DANECK MUÑOZ, GABRIEL EDUARDO Project Manager Brief Job Description: Handling escalations from team lead, act as first point of contact of escalation for operational issue Basic Qualification: BA or Degree (in lieu of degree, 4 yrs of relevant work experience) Salary Range: Php 150,000 - Php 499,999 DELIVERY HERO PHILIPPINES, INC. 16th / 17th Floors Milestone @ Fifth Avenue Building, 5th Avenue, Bonifacio Global City, Fort Bonifacio, City Of Taguig 47. JAGANNATHAN, SRIRAMAN VP, Payments Services - Payments, Wallets And Cards Brief Job ResponsibleDescription:forsales of the entire Payments product suite/solution, including treasury services which covers core cash clearing, liquidity management and foreign exchange solutions merchant services and trade & working capital Basic Qualification: Job Relevant Degree/ 5-10 Years Supervisory or Managerial Experience/ SalaryMultilingualRange: Php 150,000 - Php 499,999 DIGICHROM INC. Unit 2602 & 2603 26/f Pbcom Tower, 6795 Ayala Ave., Bel-air, City Of Makati 48. NGUYEN THUY VI Vietnamese Speaking Customer Service Representative Brief Job Description: Manage incoming and outgoing calls. Chats and emails Basic SalaryVietnamesereadingProficientQualification:inspeakingandwritinginRange: Php 30,000 - Php 59,999 49. VO TRAN CUC PHUONG Vietnamese Speaking Customer Service Representative Brief Job Description: Manage incoming and outgoing calls. Chats and emails Basic SalaryVietnamesereadingProficientQualification:inspeakingandwritinginRange: Php 30,000 - Php 59,999 EASYTECH SUPPORT INC. 9-11/f, 14/f Capella Bldg., Asean Drive Filinvest, Alabang, City Of Muntinlupa 50. HUANG, XIAOYE Mandarin Speaking Customer Service Representative Brief Job RecommendsDescription:potential products or services to management by collecting information and analyzing customer needs. Basic Salarymandarin.readingProficientQualification:inspeaking,andwritinginRange: Php 30,000 - Php 59,999 51. JIAN, YI Mandarin Speaking Customer Service Representative Brief Job RecommendsDescription:potential products or services to management by collecting information and analyzing customer needs. Basic Salarymandarin.readingProficientQualification:inspeaking,andwritinginRange: Php 30,000 - Php 59,999 52. XU, JINCAN Mandarin Speaking Customer Service Representative Brief Job RecommendsDescription:potential products or services to management by collecting information and analyzing customer needs. Basic Salarymandarin.readingProficientQualification:inspeaking,andwritinginRange: Php 30,000 - Php 59,999 53. ZOU, MINGSHAN Mandarin Speaking Customer Service Representative Brief Job RecommendsDescription:potential products or services to management by collecting information and analyzing customer needs. Basic Salarymandarin.readingProficientQualification:inspeaking,andwritinginRange: Php 30,000 - Php 59,999 FACEBOOK PHILIPPINES REPRESENTATIVE OFFICE 32nd Floor, Menarco Tower,, 32nd Street, Bonifacio Global City, Fort Bonifacio, City Of Taguig 54. VALLAT, LUDOVIC CHRISTOPHE Client Solutions Manager Brief Job Description: This role is responsible for partnering with the sales team to develop industry-specific relationships, drive revenue by negotiating and optimizing complex opportunities, and use data and analytics to build a consultative solution for our customers. The Client Solutions Manager will establish and strengthen key client relationships with a focus on driving revenue, advertiser education & advertiser satisfaction. Basic Qualification: Bachelor’s Degree or Master’s degree in Business Management, Marketing or Digital Marketing. 2+ years’ experience working directly with marketing, media and/or consulting companies. Demonstrated leadership experience. Experience with Facebook Ads and allcross-functionalworkingSolutions.MarketingExperienceeffectivelywithteamsandlevelsofmanagement (internally and externally). Proven understanding of both online and traditional Salarymedia.Range: Php 90,000 - Php 149,999 FLY ASIAN INTERNATIONAL CORPORATION Eighty One Bldg. Newport Blvd., Newport City Vab St., Barangay 183, Pasay City 55. LI, BING Marketing Consultant (mandarin Speaking Clients) Brief Job Description: Studying company profile and operations to understand its marketing needs; implementing a marketing strategy according to objectives and budget. Basic experiencePreferablyQualification:6monthswiththe above position; can multi-task and keen to details; any nationality who can speak and write Chinese fluently. Salary Range: Php 30,000 - Php 59,999 FLYING DRAGON NETWORK PHILIPPINES INC. Malate Bayview Mansion, 1781 M. Adriatico Street. 076, Barangay 699, Malate, City Of Manila 56. CHEN, FAN Chinese Customer Service Brief Job LanguageDescription:fluencyMandarin & English Basic FluentQualification:inwrittenand oral Mandarin and English Salary Range: Php 30,000 - Php 59,999 57. DANG VAN HUNG Chinese Customer Service Brief Job LanguageDescription:fluencyMandarin & English Basic FluentQualification:inwrittenand oral Mandarin and English Salary Range: Php 30,000 - Php 59,999

30,000 - Php 59,999 65. CHIEN, CHIA-SHEN Mandarin Customer Service Brief Job Description: Serves customers by providing product and service info Basic

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

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

63.

Basic Qualification: speak mandarin Range: Php Qualification: reputation, customer relationships, products and channel management

58. DAU XUAN DAT Chinese Customer Service

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

Basic Qualification: Must be a marine deck/ engine officer; with significant management and technical experience in marine transportation/ engineering and possesses extensive knowledge of Japanese ship-owner requirements for seafarer education and training.

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

Brief Job Description:

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

JOHNSON & JOHNSON INTERNATIONAL (SINGAPORE) PTE. LTD. Edison Road, Barrio Ibayo, Merville, City Of Parañaque

Brief Job Description: Ensure that adequate and effective internal controls are in place and that processes and policies are established and documented in compliance with WWP, ICH, DTP and other control requirements. Work on continuous improvement programs to standardize and improve the efficiency of credit management process across various entities. Leading customer credit risk assessment process, and review customer credit condition based on local business, sales forecast, credit agency report, financial statement analyzing, bank collateral and available public and non-public medical channel. Assess customer type and establishes credit limits based on deep study of customer credit worthiness and industry tendency.

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

76. WANG, HOWLI a.k.a. WANG, HOU-LI Importation Manager

Knowledgeable in International Foreign Policy Salary

Chinese

Brief Job LanguageDescription:fluencyMandarin & English

73. WILLIAM TING SIE WEI Malaysian Customer Support Representative

Brief Job LanguageDescription:fluencyMandarin & English

Brief Job LanguageDescription:fluencyMandarin & English

75.

Brief Job LanguageDescription:fluencyMandarin

60,000

3rd Floor, E Six West Campus Le Grand Avenue, Mckinley West,, Fort Bonifacio, City Of Taguig

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

Basic FluentQualification:inwrittenand oral Mandarin and English

Basic FluentQualification:inwrittenand oral Mandarin and English

Brief Job LanguageDescription:fluencyMandarin & English

Can speak mandarin Salary Range: Php 30,000 - Php 59,999 GATEWAYSOLUTIONS CORP. Unit 2306 Antel Global Corporate Center, Julia Vargas Ave., San Antonio, City Of Pasig 66. WU, HAORAN Customer Service Representative Brief Job Description: A customer service representative supports customers by providing helpful information, answering questions, and responding to complaints. They’re the front line of support for clients and customers and they help ensure that customers are satisfied with products, services, and features. Basic Qualification: Must be a College graduate; Can Prepare product or service reports by collecting and analyzing customer information; Can contribute to team effort by accomplishing related results as needed; Can Manage large amounts of incoming calls. Salary Range: Php 30,000 - Php 59,999 GMO-Z.COM PHILIPPINES, INC. 11/f Insular Life Bldg.,, 6781 Ayala Avenue,, Bel-air, City Of Makati 67. KOO, GeneralKYOHANManager Brief Job Description: Oversees and directs the daily operations of the company Basic Qualification: College Graduate Salary Range: Php 90,000 - Php 149,999 GOOGLE SERVICES PHILIPPINES, INC. 11-12th, 14-20th Floor Uptown Place Tower I, East 11th Drive, Uptown Bonifacio, Bonifacio Global City, Fort Bonifacio, City Of Taguig 68. SACHDEVA, HARIT Vendor Performance Manager Brief Job Description: Drive SMB customer acquisitions through effective business partnering and overall support of our vendor operations to meet and exceed business goals. Review and evaluate the service quality of our vendor against contracted SLAs. Partner with vendor management team to develop programs for business representatives and productivity improvement Basic Qualification: Experience in sales within the media or online industry. 8 years of vendor management experience, working with vendors to drive key results, managing lead generation and inbound sales lead activities, understanding the sales funnel and how to drive favorable business outcomes. Experience running large scale operations and centers of Experienceexcellence.analyzingkey business results and driving outcomes. Ability to work nonstandard work hours as needed Salary Range: Php 150,000 - Php 499,999 HC CONSUMER FINANCE PHILIPPINES, INC. 15th Floor, Ore Central, 9th Ave. Cor 31st. Bonifacio Global City, Fort Bonifacio, City Of Taguig 69. PRIKLOPIL, JIRI It Solution Architect Brief Job Description: Identify the appropriate software architecture/ design for the implementation of new software as well as the enhancement of existing ones. Basic Qualification: Must have experience in both back-end and front-end development with familiarity in various programing such as but not limited PHP Laravel, Vue. js, Java, Spring, SQL, Shel scripting, RDBMS platforms, etc. Salary Range: Php 150,000 - Php 499,999 HOLCIM PHILIPPINES, INC. 7th Floor Two World Square, Mckinley Hill, Pinagsama, City Of Taguig 70. MAGANTI, RAMAKRISHNA SVP, Head Of Infrastructure And Industrial Sales Brief Job Description: Provide the leadership, strategic direction, management, and control of the Infrastructure and Industrial Sales to achieve optimum results for the company in terms of revenues, costs, margins,

Basic FluentQualification:inwrittenand oral Mandarin and English Salary Range: Php 30,000 - Php 59,999 YUAN, SHUAI Customer

Service

LACASA DECO OPC 20, Marton Road,, Canumay East, City Of Valenzuela

Can

IMMAJ-PJMCC FOUNDATION, INC. 4/f Jsu-amosup Mariner’s Home, 1765 Nakpil St. Cor. Vasquez, 076, Barangay 697, Malate, City Of Manila

71. OSAKA, GENICHI IMMAJ Representative

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

Assist in determining pricing quotes for customers

SAISOY, CHALITA Credit Analyst

Brief Job Description: Advise the foundation’s board of trustees in developing strategies for action and implementation of the organization goals and advise the implementation of projects and programs approved by the board.

MAI MAI INFO TECH INC. 9/f Double Dragon Plaza Tower 3 Bldg., Macapagal Ave. St. Zone 10 District 1, Barangay 76, Pasay City 78. BAE, JEONGMIN Korean Marketing Manager Brief Job Description: Manage the marketing department staff; direct marketing strategy; keeping informed of new trends. Basic Qualification: 2 years’ experience; can speak and relate well especially to Korean Salarynationals.Range: Php 30,000 - Php 59,999 MC CONNELL DOWELL PHILS., INC. Level 4 Nol Tower, Commerce Ave., Alabang, City Of Muntinlupa 79. RICHARDS, LEON CHRISTOPHER Group Technical Consultant - Pipelines Brief Job Description: Define the strategic direction & objectives, common standards, processes & methodologies across the group Basic TertiaryQualification:qualification in the relevant engineering discipline, post-grad preferred, minimum 20 yrs. experience in engineering & construction industry Salary Range: Php 500,000 and above MERCK BUSINESS SOLUTIONS ASIA INC. 36th To 39th Floor, The Finance Centre Condominium, 26th Street Corner 9th Avenue, Bonifacio Global City, City Of Taguig 80. XU, YANG Sr. GSC Advisor Brief Job Description: Provide administrative and operational support on defined HR functionalities anchored on KPIs and SLAs focused on quality, timelines and responsiveness Basic candidateQualification:mustpossess at least Bachelor’s Degree in Human BehavioralManagement,ResourcePsychology,Science, Social Science, Business Administration or any equivalent degree Salary Range: Php 30,000 - Php 59,999 MOA CLOUDZONE CORP. 4th-11th Flr. Nexgen Tower, C4 Rd. Edsa Ext., Barangay 76, Pasay City 81. DANG MINH Call Center Agent Brief Job CustomerDescription:Service. Basic CollegeQualification:Graduate/Level and Fluent in Mandarin/Basic English. Salary Range: Php 30,000 - Php 59,999 82. TRAN THI THUY HIEN Call Center Agent 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 FluentQualification:inwrittenand oral Mandarin and English

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

& English

Brief Job LanguageDescription:fluencyMandarin & English

61. NGUYEN DINH QUYET Chinese Customer Service

62. TRUONG VAN CUONG Chinese Customer Service

Salary

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

Basic FluentQualification:inwrittenand oral Mandarin and English Salary Range: Php 30,000 - Php 59,999

Php

Brief Job Description: Acts and oversee operation particularly importation

Salary Range: Php 500,000 and above

Basic Qualification: At Least 20 Years Combined Leadership Work Experience in Sales and Marketing, Preferably in a Multinational Construction Materials Company

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

Php 59,999 FLYING FUTURE SERVICES INC. 3/f Salcedo One Center, 170 Salcedo St., San Lorenzo, City Of Makati 64. TAN JINN YI Mandarin Accounts Staff

60. NGUYEN VAN PHUC Chinese Customer Service

Basic readingProficientQualification:inspeaking,andwritingin

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

124.

Brief Job ImplementingDescription:bestpractices for stability, supportability and ease of maintenance and system performances.

Brief Description: Engage in effective

Basic readingProficientQualification:inspeaking,andwritingin bilingual languages

Brief Job DeterminingDescription:users’needs by analyzing technical requirements for web and software development

15+ Years of Overall Experience in Insurance With Ever-increasing Job Responsibilities; Strong Understanding of Business Financials, With the Ability to Deliver Results Within Financial Parameters;

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

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

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

Brief Job Description: Monitoring and maintaining computer systems and networks

Brief Job ResponsibleDescription:forresearch, planning and implementing developed new programs

Job Description: Assist to prepare site for all substation construction and perform all manual labor functions Basic Qualification: Fluent in Chinese language Salary Range: Php 30,000 - Php 59,999 115. XIANG, YONGJIAN Construction Technician Brief Job Description: Assist to prepare site for all substation construction and perform all manual labor functions Basic Qualification: Fluent in Chinese language Salary Range: Php 30,000 - Php 59,999 116. YANG, MAOLIN Construction Technician Brief Job Description: Assist to prepare site for all substation construction and perform all manual labor functions Basic Qualification: Fluent in Chinese language Salary Range: Php 30,000 - Php 59,999 117. YU, BIN Construction Technician Brief Job Description: Assist to prepare site for all substation construction and perform all manual labor functions Basic Qualification: Fluent in Chinese language Salary Range: Php 30,000 - Php 59,999 TENERITY PHILIPPINES CORP. 12th Floor, W Fifth Building, 32nd St. Cor. 5th Avenue, Bonifacio Global City, Fort Bonifacio, City Of 118.TaguigGONZALEZ PEREZ, ELIS MOISES ALEJANDRO Contact Center Team Leader - Spanish Brief Job Description: Directly manage a team of customer care advisor, establish effective and timely communication with customer care advisor to ensure issues are addressed. Basic tocommunicationlistening,ExcellentQualification:interpersonal,writtenandverbalskills,abilityworkcollaboratively in a team environment, excellent Salarycommunicationinterpersonal,leadership,andtwo-wayskills.Range: Php 90,000 - Php 149,999 THE LORD’S GRACE MEDICAL AND INDUSTRIAL CLINIC CO. Unit No. 1, Macapagal Blvd. Cor Diokno Blvd. St., Zone 10, Barangay 76, Pasay City 119. LIN, ClinicalZHIQUNAssistant Brief Job Description: Assist in maintaining the serviceability of facilities Basic StrongQualification:writtenand verbal communication skills in Chinese Mandarin language Salary Range: Php 30,000 - Php 59,999 THE MANUFACTURERS LIFE INSURANCE CO. (PHILS.), INC. 5f-10f Nex Tower, 6786 Ayala Ave., San Lorenzo, City Of Makati 120. HORA, RAHUL President And Chief Executive Officer Brief Job

delegated tasks.

NGUYEN THANH CAO Bilingual Market Research And Development Officer

Salary Range: Php 500,000 and above

TRUONG HUU ANH Bilingual Market Research And Development Officer

Brief Job Description: Monitoring and maintaining computer systems and networks

Brief Job Description: Organize workflow and ensure that employees understand their duties or

Brief Job Description: Monitoring and maintaining computer systems and networks

Support

Php

122.

Brief Job ResponsibleDescription:forresearch, planning and implementing developed new programs

Basic readingProficientQualification:inspeaking,andwritingin bilingual languages

Job Description: Monitoring and maintaining computer systems and networks

Basic readingProficientQualification:inspeaking,andwritingin mandarin

127. WU, CHAO-YI a.k.a. ANGELIQUE WU Bilingual Systems Analyst

Chinese Salary Range: Php 30,000 - Php 59,999 130. FU, ChineseRAO Language Support Service Brief Job Description: Provide support services across technology programs and projects Basic

dialogue with key stakeholders to achieve business objectives and organizational values; liaise with the government, regulators, industry and media to maintain company’s external image, as required; drive development of human resource potential and capability plans; identify the right people for the job, and effectively motivate them; mentor and interact with members of staff, encourage development among Senior Executive Team and all other members of staff

Monitoring

TOTAL CREST BUSINESS SUPPORT, INC. 26/f & 27/f Alphaland Corporate Tower, Ayala Ave. Extn. Cor. Malugay St., Bel-air, City Of Makati

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

Basic readingProficientQualification:inspeaking,andwritingin mandarin

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

123.

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

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

Basic readingProficientQualification:inspeaking,andwritingin bilingual languages

104. PENG, MandarinCHI-TUNGSupervisor

Basic readingProficientQualification:inspeaking,andwritingin mandarin

Brief Job Description: Monitoring and maintaining computer systems and networks

BUI THI HONG NHI Bilingual Systems Analyst

Basic ReadingProficientQualification:inSpeaking,andWritingin ProficientQualification:inChinese

Language Salary Range: Php 30,000 - Php 59,999 131. NGUYEN VAN SANG Vietnamese Language - Marketing Staff Brief Job ProvidingDescription:detailstoclients relative to services being offered Basic ReadingProficientQualification:inSpeaking,andWritingin Vietnamese Salary Range: Php 30,000 - Php 59,999 132. NGUYEN THI ANH NGOC Vietnamese Language Marketing Staff Brief Job ProvidingDescription:detailstoclients relative to services being offered Basic ReadingProficientQualification:inSpeaking,andWritingin Chinese. Salary Range: Php 30,000 - Php 59,999 WPP MARKETING COMMUNICATIONS, INC. 8/f Picadilly Star Bldg., Blk-19, L-3 4th Ave. Cor. 27th St., Fort Bonifacio, City Of Taguig 133. IMAAD AOUN ELAHI Technical Consultant - Search Expert Brief Job UnderstandDescription:mediabehaviours and how the target audience interacts with search touchpoints (I.E. Google, Microsoft advertising, Amazon, e-commerce platforms) Basic Qualification: Recognized Degree in the Stem (Science, Technology, Engineering, and Mathematics) Field. Minimum 7 Years of Experience Working in a Search Specialist Role Salary Range: Php 150,000 - Php 499,999 *Date Generated: Sep 15, 2022 In the ad material of Notice of Filing of Application for Alien Employment Permits published on Sep 15, 2022, the position ASSOCIATE, SHOPEEXPRESS (SUPPORT CLAIMS, SECURITY AND INVESTIGATION) of ARORA, ARJUN under the company SHOPEE PHILIPPINES INC, should have been read as ASSOCIATE, SHOPEE EXPRESS (SUPPORT CLAIMS, SECURITY AND INVESTIGATION) 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 DOLE National Capital Region if you have any information on criminal offense committed by the foreign nationals.

Basic readingProficientQualification:inspeaking,andwritingin mandarin

113. ZHAO,

Basic readingProficientQualification:inspeaking,andwritingin bilingual languages

Basic readingProficientQualification:inspeaking,andwritingin bilingual languages

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

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

Salary Range: Php 30,000

Basic readingProficientQualification:inspeaking,andwritingin mandarin

105. FENG, MandarinMI Technical Support

112. YAN, MandarinZHENWEITechnical Support

mandarin

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

121. CHONG QWAI FONG Bilingual Market Research And Development Officer

110. SUN, MandarinSHENGTechnical Support

Basic readingProficientQualification:inspeaking,andwritingin mandarin

Basic readingProficientQualification:inspeaking,andwritingin mandarin

Salary Range: 30,000 - 59,999

behavior that establishes ongoing and

HOANG DUC LOI Bilingual Market Research And Development Officer

STC BUILDERS AND DEVELOPMENT CORP. 38 Atok St., 1, Santo Domingo, Quezon City 114. LIU, FANGNAN Construction Technician

Basic readingProficientQualification:inspeaking,andwritingin bilingual languages

Basic readingProficientQualification:inspeaking,andwritingin bilingual languages

Php

Brief Job Description: Monitoring and maintaining computer

systems and networks

106. HSU, MandarinCHIEN-YUTechnical Support

125.

and networks

Brief Job ImplementingDescription:bestpractices for stability, supportability and ease of maintenance and system performances.

mandarin

Brief Job Description: and maintaining computer systems

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 ESTABLISHMENT / ADDRESS No. NAME OF FOREIGN NATIONAL , POSITION AND BRIEF DESCRIPTION QUALIFICATION AND SALARY RANGE BusinessMirrorA6 www.businessmirror.com.phFriday, September 16, 2022 83. NGUYEN DUC NGOC LINH 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 MPOTECH DIGITAL SYSTEM INC. 2/f 331 Bldg., Sen. Gil Puyat Ave., Bel-air, City Of Makati 84. YACOB IMMANUEL Indonesian Customer Service Representative Brief Job Description: Provide product/services, information, answer questions and resolve emerging problems. Basic Qualification: Graduate 4 years bachelor degree with critical thinking and problem solving skills Salary Range: Php 30,000 - Php 59,999 85. YOSUA Indonesian Customer Service Representative Brief Job Description: Provide product/services, information, answer questions and resolve emerging problems. Basic Qualification: Graduate 4 years bachelor degree with critical thinking and problem solving skills. Salary Range: Php 30,000 - Php 59,999 NOVATECH (PASAY) LIMITED, INC. 4th Flr. W Mall Bldg., Diosdado Macapagal Ave. St., Zone 10, Barangay 76, Pasay City 86. TRINH QUANG VIET Vietnamese Speaking Customer Service Representative Brief Job Pro-activeDescription:sellingproducts to both existing and new customers in order to achieve and exceed weekly, monthly and annual sales revenue targets Basic SalaryorganizationexceptionalProficientQualification:inMSoffice,analyticalandskillsRange: Php 30,000 - Php 59,999 OCEANIC SYMPHONY SERVICES INC. 3/f Salcedo One Center, 170 Salcedo St., San Lorenzo, City Of Makati 87. LIN, YUDONG Mandarin Operations Specialist Brief Job Description: Full time operations assistant to assist on administrative work of operations team Basic Qualification: Can speak mandarin Salary Range: Php 30,000 - Php 59,999 88. LIANG, MandarinJUNJUNTechnical Support Brief Job Description: Responsible for the smooth running of computer systems and ensuring users get maximum benefits from them Basic Qualification: Can speak mandarin Salary Range: Php 30,000 - Php 59,999 OCTAGON PRIME OUTSOURCING SERVICES INC. 30/f Tower, 6789 Ayala Ave.,, Bel-air, City Of Makati 89. CHAN YONG TAUR Customer Service Representative Brief Job Description: Provide specialized services to assist end-users in technology needs Basic AbilityQualification:tomultitasks and manage time effectively Salary Range: Php 30,000 - Php 59,999 90. ENG WENG SHENG Customer Service Representative Brief Job Description: Provide specialized services to assist end-users in technology needs Basic AbilityQualification:tomultitasks and manage time effectively Salary Range: Php 30,000 - Php 59,999 91. CAO, MandarinJINDONGTechnical Support Brief Job Description: Provide specialized services to assist end-users in technology needs Basic Qualification: Fluent in mandarin, both oral and written Salary Range: Php 30,000 - Php 59,999 92. FENG, MandarinXIAOYINGTechnical Support Brief Job Description: Provide specialized services to assist end-users in technology needs Basic Qualification: Fluent in mandarin, both oral and written Salary Range: Php 30,000 - Php 59,999 93. LIU, MandarinCHENGTechnical Support Brief Job Description: Provide specialized services to assist end-users in technology needs Basic Qualification: Fluent in mandarin, both oral and written Salary Range: Php 30,000 - Php 59,999 94. WANG, MandarinXIAOLONGTechnical Support Brief Job Description: Provide specialized services to assist end-users in technology needs Basic Qualification: Fluent in mandarin, both oral and written Salary Range: Php 30,000 - Php 59,999 95. XU, MandarinYOU Technical Support Brief Job Description: Provide specialized services to assist end-users in technology needs Basic Qualification: Fluent in mandarin, both oral and written Salary Range: Php 30,000 - Php 59,999 96. ZHANG, MandarinCUICUITechnical Support Brief Job Description: Provide specialized services to assist end-users in technology needs Basic Qualification: Fluent in mandarin, both oral and written Salary Range: Php 30,000 - Php 59,999 97. ZHOU, MandarinCAOFENGTechnical Support Brief Job Description: Provide specialized services to assist end-users in technology needs Basic Qualification: Fluent in mandarin, both oral and written Salary Range: Php 30,000 - Php 59,999 OMNIWEALTH ENTERPRISE INC. 17th Flr. Citibank Square Bldg., No. 188 Rodriguez Jr. Ave., Eastwood City Cyberpark 3, Bagumbayan, Quezon City 98. JACKLUN LIM Customer Service Representative Brief Job Description: Manage large amounts of incoming calls. Generate sales leads. Identify and assess customers’ needs. Handle customer complaints. Follow communication procedures, guidelines and policies. Basic Qualification: Must be a College graduate; Can Prepare product or service reports by collecting and analyzing customer information; Can contribute to team effort by accomplishing related results as needed; Can Manage large amounts of incoming calls Salary Range: Php 30,000 - Php 59,999 99. LUU NHAT CUONG Customer Service Representative Brief Job Description: Manage large amounts of incoming calls. Generate sales leads. Identify and assess customers’ needs. Handle customer complaints. Follow communication procedures, guidelines and policies. Basic Qualification: Must be a College graduate; Can Prepare product or service reports by collecting and analyzing customer information; Can contribute to team effort by accomplishing related results as needed; Can Manage large amounts of incoming calls Salary Range: Php 30,000 - Php 59,999 SHELL SHARED SERVICES (ASIA) B.V. 16/f-25/f Solaris One Bldg., 130 Dela Rosa St., San Lorenzo, City Of Makati 100. TANG CHWEE KIANG Supply Chain Commercial Lead Brief Job Description: Develops sourcing strategies and tactics of the business enables stakeholders in the Supply Chain to understand the intent of contracts. Manages complex portfolio of Tactical and Operational contracts. Basic TertiaryQualification:educationand 8-12 years of professional CP experience in contract strategy building and postaward processes. Salary Range: Php 150,000 - Php 499,999 SKYLUCK CORPORATION #360, Unit 243 Shaw Center Mall, Shaw Blvd. Penthouse Shaw I.t. Center, Addition Hills, City Of Mandaluyong 101. LEE, SHINWOO Korean Marketing Consultant Brief Job Description: Make initial prospecting and qualifying of leads visa consultative approach Basic Qualification: Can speak and write fluent Korean language and preferably six (6) months experience in office staff Salary Range: Php 30,000 - Php 59,999 SOLIDLEISURE SOLUTIONS INC. Unit 2602-d & 2603-a West Tower, Psec Exchange Road, Ortigas Center, San Antonio, City Of Pasig102. KOH HUI WEN Mandarin Operations Specialist Brief Job Description: Monitoring and maintaining computer systems and networks Basic readingProficientQualification:inspeaking,andwritingin mandarin Salary Range: Php 30,000 - Php 59,999 103. HSU, MandarinWEI-CHUNSupervisor

Brief Job Description: Monitoring and maintaining computer systems and networks

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

Basic readingProficientQualification:inspeaking,andwritingin mandarin

Basic readingProficientQualification:inspeaking,andwritingin bilingual languages

Brief Job ResponsibleDescription:forresearch, planning and implementing developed new programs

126. LE QUANG TUAN Bilingual Systems Analyst

128. WANG, YI-HSIN Bilingual Web And Software Developer

111. WU, MandarinYI-CHENTechnical Support

- Php 59,999 WISHLAND SOFTWARE TECHNOLOGY INC. 28/f Techzone Condo Corp., 213 Buendia Ave., San Antonio, City Of Makati 129. LUO, SICHENG Chinese Language - Marketing Staff Brief Job ProvidingDescription:detailstoclients relative to services being offered

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

Brief Job Description: and maintaining computer systems and networks

Basic readingProficientQualification:inspeaking,andwritingin mandarin

Monitoring

109. QIAN, MandarinRUI Technical Support

108. LAI, MandarinWENTIANTechnical Support

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

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

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

107. JIE, MandarinTONGQINGTechnical Support

Brief Job Description: Monitoring and maintaining computer systems and networks

Brief

Brief Job ImplementingDescription:bestpractices for stability, supportability and ease of maintenance and system performances.

Basic Qualification: Ability to Set and Implement Clear Short-term Plans and Longer Term Strategy; Outstanding Communication and Influencing Skills; Understanding the Data Analytics and Insights to Drive Product Design and Development - Including Market Research and Transactional Data Analysis; Self-starter, Innovative, Calculated Risk-taker, etc.

Brief Job ResponsibleDescription:forresearch, planning and implementing developed new programs

Basic readingProficientQualification:inspeaking,andwritingin

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

Salary Range: Php30,000 - Php59,999

KANG, ProductionJUNSEOKDirector

Brief Job Description: Manage incoming calls and customer service inquiries

Salary Range: Php30,000 - Php59,999

SASAKI, TreasurerEIKO/Managing Director

1 AJUSTEEL MANILA MFG. INC.

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

2 C AND U PHILIPPINES INC.

under

Lead and supervise Engineers as they develop, test, modify, and create solutions to technical problems

HU, ChinesePINGCustomer Service Representative

18 MOA CLOUDZONE CORP.

LIU, OperationsZHE Manager

Basic Qualification:

SONG, ChineseDANCustomer Service Representative

Salary Range: Php30,000 - Php59,999

LI, ChineseDEGAOCustomer Service Representative

Proficient in developing new ideas Salary Range: Php60,000

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

Republic of the Philippines DEPARTMENT OF LABOR AND EMPLOYMENT

Salary Range: Php60,000 - Php89,999

Block 7, Lot 1 Millennium Drive, Lisp III, San Rafael, City of Sto. Tomas, Batangas

Salary Range: Php 30,000

Basic Qualification: Range: Qualification:

Brief Job Description: Set the vision and strategy for all IT infrastructure services

KIM, ChiefGISUOperating Officer

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

15 MOA CLOUDZONE CORP.

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

Salary Range: Php30,000 - Php59,999

NAME OF FOREIGN NATIONAL, POSITION AND DESCRIPTIONBRIEF

Brief Job Description: Implement the administrative and operational of the corporation his supervision and

control

22 MOA CLOUDZONE CORP.

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

3 C AND U PHILIPPINES INC.

4 C AND U PHILIPPINES INC.

SUN, ChineseHONGYANCustomer Service Representative

Basic Qualification: With 12 years of IT experience and with at least 7 years in a leadership role

Salary Range: Php30,000 - Php59,999

Brief Job Description: Manage incoming calls and customer service inquiries

Can speak English Salary Range: Php30,000 - Php59,999 9 FURUKAWA AUTOMOTIVE SYSTEMS LotPHILIPPINES,LIMAINC.3,Blk.2,Ph.2A, JP Rizal Ave., LTC, Bugtong na Pulo, City of Lipa, Batangas NAKASHIMA, TORU Accounting Deputy Department Manager Brief Job Description: Regular review of financial reports

Basic Qualification: College graduate

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

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

NO. ESTABLISHMENT

FENG, ChineseHAOCustomer Service Representative

LENG, ChineseQINGCustomer Service Representative

Brief Job Description: Responsible for the company’s production safety, environmental protection, andplant’sgovernanceenvironmentalmattersandentireenvironmentalsanitationmanagement

Can speak English Salary

policies

LUO, ChineseJIUSANCustomer Service Representative

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

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

BusinessMirror A9www.businessmirror.com.ph Friday, September 16, 2022

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

Salary Range: Php30,000 – Php59,999

Brief Job Description: Manage incoming calls and customer service inquiries

Brief Job Description: Manage incoming calls and customer service inquiries

Brief Job Description: Manage incoming calls and customer service inquiries

Salary Range: Php30,000 - Php59,999

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

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

Basic Qualification: With a proven track record of successfully leading and motivating diverse teams, excellent organizational and time management

5 C AND U PHILIPPINES INC.

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

16 MOA CLOUDZONE CORP.

September 16, 2022

SHI, AssistantLIN General Manager

Salary Range: Php30,000 - Php59,999

Brief Job Description: Manage incoming calls and customer service inquiries

Salary Range: Php30,000 - Php59,999

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

Brief Job Description: Manage and plan the company’s production equipment

QUALIFICATION AND SALARY RANGE

Basic Qualification: BS Graduate of Engineering or technical courses

17 MOA CLOUDZONE CORP.

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: Oversee and goalsestablishmanufacturingimproveoperations,anddriveproduction

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

Basic Qualification: College Graduate with experience in manufacturing

With 5 years of experience in handling accounting department Salary Range: Php90,000 - Php149,999 10 IRISO ELECTRONICS PHILS. LotsINC. 10 & 12, Block 22, Phase IV, CEZ, Tejeros Convention, Rosario, Cavite ICHIYANAGI, HIDETOSHI Operation Advisor Brief Job Description: Define policies and systems for the efficiency and success of operations

14 MOA CLOUDZONE CORP.

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

Salary Range: Php30,000 – Php59,999

and resource support

Block 7, Lot 1 Millennium Drive, Lisp III, San Rafael, City of Sto. Tomas, Batangas

Brief Job Description: Manage incoming calls and customer service inquiries

HUANG, TechnicalQIANManager

Basic Qualification: BS Graduate of Engineering or technical Php30,000SalarycoursesRange:–Php59,999

Brief Job Description: Formulate development strategy and define development objectives of company as required by the Board of Directors

Salary Range: Php30,000 - Php59,999

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

13 LIZARDBEAR TASKING INC. 2/f, Lumina Point, Information Technology Center, Tanzang Luma I, City of Imus, Cavite

Php30,000 - Php59,999 8 FONG SHANN PRINTING PHILIPPINES INC. Block 3, Lot 4, Phase 3, Lima Technology CenterSEZ, Santiago, Malvar, Batangas MEI, ProductionXIAOQIANGManager Brief Job Description: Plan, execute and manage of the company’s entire process of print production Basic

Basic Qualification: - Php89,999

6 CYBER POWER CaviteII,Business1,UnitMANUFACTURINGSYSTEMSINC.A&B,Lot6,BlockPhaseII,GoldenGatePark,BuenavistaCityofGeneralTrias, CHANG, EngineeringCHIH-MINManager

Brief Job Description: Assist each branch plant in the management

MING, ChineseZHIQUANCustomer Service Representative

Salary Range: Php30,000 - Php59,999

12 KFI LotINCORPORATED(PHILIPPINES)15,Block8,Ph 2, CEPZ, Tejeros Convention, Rosario, Cavite

Basic Qualification: Graduate of BS Engineering or Technical courses

19 MOA CLOUDZONE CORP.

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

20 MOA CLOUDZONE CORP.

21 MOA CLOUDZONE CORP.

Brief Job Description: Manage incoming calls and customer service inquiries

Basic Qualification: BS Graduate of Engineering or technical courses

Block 7, Lot 1 Millennium Drive, Lisp III, San Rafael, City of Sto. Tomas, Batangas

WANG, EngineeringHONGLONGManager

Salary Range: Php500,000 and above

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

Brief Job Description:

Block 7, Lot 1 Millennium Drive, Lisp III, San Rafael, City of Sto. Tomas, Batangas

11 IRON WORKS NORTH BEARD PHIL. INC. Block 5, Lot 4, Phase 3, Lima Technology Center, SEZ, Santiago, Malvar, Batangas

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

- Php 59,999 7 FONG SHANN PRINTING PHILIPPINES INC. Block 3, Lot 4, Phase 3, Lima Technology CenterSEZ, Santiago, Malvar, Batangas LI, PostXIANGJIAOPrintingSupervisor Brief Job Description: Supervise print production and mentors new print production leaders

Lots 9 & 10, Phase II, FCIE, Langkaan I, City of Dasmariñas, Cavite

Brief Job Description: Exercise the full production responsibility and accountability of managing the employee’s output

Basic Qualification: With experience related the company’s nature of business

JHA, DivisionAMITVice President

MYO BurmeseAUNGCustomer Service Representative

36 NYK TDG PHILIPPINES INC. ICTSI Compound, Niugan, City of Cabuyao, Laguna

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

Salary Range: Php30,000 - Php59,999

35 CLOUDZONE

Basic Qualification: With good oral communicationandskills in English and Mandarin language

38 PHILSYNC TECHNOLOGIES CO. LTD. CORPORATION

CBC Asia Technozone, 9002 Emilio Aguinaldo Highway, Talaba IV, City of Bacoor, Cavite

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

Salary Range: Php30,000 - Php59,999

32

MOA

Salary Range: Php30,000 - Php59,999

WANG, ChineseSHANCustomer Service Representative

40 ROSARIO Rosario,TejerosBlockCORPORATIONFASTENERS8,Phase1,CEZ,Convention,Cavite

Brief Job Description: to the of

25 MOA CLOUDZONE CORP.

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

43

Brief Job Description: Manage incoming calls and customer service inquiries

Able to speak, read and write Chinese language

Salary Range: Php90,000 - Php149,999

Salary Range: Php30,000 - Php59,999

37 PEACE TOTAL CHEM SOLUTION INC. 8002, Linares St., Gateway Business Park, Javalera, City of General Trias, Cavite

26 MOA CLOUDZONE CORP.

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

Salary Range: Php30,000 - Php59,999

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

Basic Qualification:

IndonesianSUBENDI Customer Service Representative

Salary Range: Php30,000 - Php59,999

Salary Php60,000Range:-Php89,999

MOA CLOUDZONE CORP.

Vice President / Director

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

Brief Job Description: Manage incoming calls and customer service inquiries

33 MOA CLOUDZONE CORP.

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

LOO SUH HUI Malaysian Customer Service Representative

Job Description: Manage incoming calls and customer service inquiries

Salary Range: Php30,000 - Php59,999

Salary Range: Php90,000 - Php149,999

Basic Qualification: Knowledgeable in MS Office and databases

via

Salary Range: Php30,000 - Php59,999

31 MOA CLOUDZONE CORP.

Brief Job Description: Manage incoming calls and customer service inquiries

Brief Job Description: Manage and assign tasks to injection supervisor

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

WATANABE, TAKAO Adviser

39 RELIANCE Carmona,7COOPERATIVEPRODUCERS(RPC)GoldenmileAve.,Maduya,Cavite

27 MOA CLOUDZONE CORP.

Salary Range: Php30,000 - Php59,999

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

Salary Range: Php30,000 - Php59,999 SANG DO Head Of Philippines OSAT Management

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

CHERVY DHARMA VERNISSA Indonesian Customer Service Representative

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

28 MOA CLOUDZONE CORP.

with Chinese standards

Brief Job Description: Exercise overall control & supervise the business operation of the company

SUN, ChineseSHAOFENGCustomer Service Representative

SU, MandarinYANG Speaking Technical Support Specialist

Salary Range: Php30,000 - Php59,999

Salary Range: Php30,000 - Php59,999

IndonesianYENNY Customer Service Representative

Basic Qualification: With Bachelor’s degree

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

CHAI, SOO HYUNG Injection Manager

Brief Job Description: Actively listen to customers to understand their issues or concerns

BUDI IndonesianKURNIAWANCustomer Service Representative

41 SEUNG JIN Township,LotPHILIPPINES,PRECISIONINC.22,FirstIndustrialPagaspas,City of Tanauan, Batangas

TANG, ChineseHAIYANGCustomer Service Representative

Brief Job Description: Manage all forms of financial accounts with in the company

Brief Job Description: Review, plan, organize and manage technical package in pattern making

GOBM and manage its outsourced assembly and testing Basic Qualification: At least 10 years of experience in managing operation in semiconductor firm Salary Range: Php150,000 - Php499,999 Any person in the Philippines who is competent, able and willing to perform the services for which the foreign national is desired may file an objection at DOLE Regional Office IV-A located at 3rd and 4th Floors, Andenson Building II, Parian, Calamba City, Laguna, within 30 days after this publication. Please inform DOLE Regional Office IV-A if you have any information on criminal offense committed by the foreign nationals.Toavailof free job referral, placement, and employment guidance services, visit the nearest Public Employment Service Offices (PESO) or log on at http://www.philjobnet.gov.ph BusinessMirrorA6 A10 www.businessmirror.com.phFriday, September 16, 2022

42 SIIX COXON PRECISION PHILS., INC. 107 Competence Drive, CIP I-SEZ, Canlubang, City of Calamba, Laguna

Brief Job Description: Manage incoming calls and customer service inquiries

Brief Job Description: Manage incoming calls and customer service inquiries

MARIO IndonesianHAKIMCustomer Service Representative

Basic Qualification:

MOA CLOUDZONE CORP.

Able to speak, read write Chinese language

23

Brief Job Description: Manage incoming calls and customer service inquiries

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

24 MOA CLOUDZONE CORP.

Brief Job Description: Manage incoming calls and customer service inquiries

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

29 MOA CLOUDZONE CORP.

head

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

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

Basic Qualification: 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

Salary Range: Php30,000 - Php59,999

Brief Job Description: Oversee the overall operations of the company

KELLY IndonesianHANJAYACustomer Service Representative

Basic Qualification: Graduate of 4 years course or with equivalent workrelated experience of at least 5 years

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

30 MOA CLOUDZONE CORP.

SAKASHITA, OSAMU

Basic Qualification: Must have a Bachelor’s degree in Engineering Salary Range: Php150,000 - Php499,999 SMART WIN TECHNOLOGY, SouthwoodsINC. Office Tower 2, San Francisco, Biñan, City of Biñan, Laguna

Brief Job Description: Manage incoming calls and customer service inquiries

CHAIRAJ, ProductionTHIRAJETManager

TSAI, AccountingHUNG-HUISpecialists

Brief

YANG, TechnicalHUAYUANConsultant - Pattern

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

Brief Job Description: Manage incoming calls and customer service inquiries

Basic Qualification: With proven work experience in accounting or similar role and must be Mandarin language literate.

XU, ChineseLELECustomer Service Representative

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

LEE YONG NING Malaysian Customer Service Representative

and

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

34 MOA CLOUDZONE CORP. Island Cove II, Covelandia Road, Pulvorista, Kawit, Cavite YEO JIA MalaysianXUANCustomer Service Representative Brief Job Description: Manage incoming calls and customer service inquiries

Report

44 LagunaII,No.9INC.STMICROELECTRONICS,MountainDrive,LISPLaMesa,CityofCalamba, LEE,

CORP. Island Cove II, Covelandia Road, Pulvorista, Kawit, Cavite LE THI VietnameseVUI Customer Service Representative Brief Job Description: Manage incoming calls and customer service inquiries

Brief Job Description: Field incoming help requests from end users from the Peoples Republic of China both telephone and work orders in a courteous manner consistent

Salary Range: Php30,000 - Php59,999

Salary Range: Php30,000 - Php59,999

Brief Job Description: Oversee the production process and draw a production schedule

Basic Qualification: Knowledge in andthermoforminghandlingprocessreviewplanning

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

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

Must

Russian forces likely left be hind dozens of tanks, armored personnel carriers and other heavy weaponry as they fled Ukraine’s advance in the east, a Ukrainian think tank said Wednesday. The Center for Defense Strategies said one Russian unit fleeing the Izium area left behind more than three dozen T-80 tanks and about as many infantry fighting vehicles. Another unit left 47 tanks and 27 armored vehicles, it said.

IN this photo provided by the Ukrainian Presidential Press Office, Ukrainian President Volodymyr Zelenskyy, center, sings Ukrainian national anthem during his visit in Izium, Kharkiv region, Ukraine, on Wednesday, September 14, 2022. Ukrainian troops piled pressure on retreating Russian forces Tuesday, pressing deeper into occupied territory and sending more Kremlin troops fleeing ahead of the counteroffensive that has inflicted a stunning blow on Moscow’s military prestige. UKRAINIAN PRESIDENTIAL PRESS OFFICE VIA AP

In other areas, Russia continued its attacks, causing more casualties in a war that has dragged on for nearly seven months.

Medics examined the president, who suffered no serious injuries in the accident, Nikiforov wrote. He did not specify what injuries Zel enskyy, 44, might have suffered.

As Zelenskyy visited, his forces pressed their counteroffensive, de-mined retaken ground and in vestigated possible war crimes. He said that “life comes back” as Ukrainian soldiers return to pre viously occupied villages.

At a press briefing in Geneva, WHO Director-General Tedros Adhanom Ghebreyesus said the world has never been in a better position to stop Covid-19.

Leaked directives from govern ment offices show that workers are being ordered to avoid nega tive information and spread “posi tive energy” instead. One directed state media to film “smiling se niors” and “children having fun” in neighborhoods emerging from the lockdown. AP

“In some places, the contact line has come very close to the borders of the Luhansk People’s Republic,” Marochko said, referring to the independent state the separatists declared eight years ago.

“If we don’t take this opportu nity now, we run the risk of more variants, more deaths, more dis ruption, and more uncertainty,” Tedros said.

ZIUM, Ukraine—Hand on heart, Ukrainian President Volodymyr Zelenskyy watched his country’s flag rise Wednesday above the recaptured city of Izium, making a rare foray outside the capital that highlights Moscow’s embarrassing retreat from a Ukrainian counteroffensive.

A gaping hole and piles of rub ble stood where one building had collapsed.“Theview is very shocking, but it is not shocking for me,” Zelen skyy told journalists, “because we began to see the same pictures from Bucha, from the first de-oc cupied territories … the same de stroyed buildings, killed people.”

The WHO reported that the Omicron subvariant BA.5 contin ues to dominate globally and com prised nearly 90 percent of virus samples shared with the world’s biggest public database. In recent weeks, regulatory authorities in Europe, the US and elsewhere have cleared tweaked vaccines that tar get both the original coronavirus and later variants including BA.5.

Maria Van Kerkhove, the WHO’s technical lead on Covid-19, said the organization expected future waves of the disease, but was hopeful those would not cause manyMeanwhiledeaths. in China, residents of a city in the country’s far west ern Xinjiang region have said they are experiencing hunger, forced quarantines and dwindling sup plies of medicine and daily neces sities after more than 40 days in a lockdown prompted by Covid-19.

outskirts of Izium, the remains of Russian tanks and vehicles lay shattered along a road.

Andrei Marochko, a local militia officer, said on Russian TV that the situation was “really difficult.”

BusinessMirror Friday, September 16, 2022 The World www.businessmirror.com.ph • Editor: Angel R. Calso A11

With the recent Ukrainian gains, a new front line has emerged along the Oskil River, which largely traces the Kharkiv region’s eastern edge, a Washington-based think tank, the Institute for the Study of War, said Wednesday.

But in Kreminna, another city where Ukrainians raised their flag, Russians returned Wednesday and “tore down the (Ukrainian) flags and are demonstrably showing that they’re there,” Haidai said.

“We have a terrible picture of what the occupiers did.... Such cit ies as Balakliia, Izium, are stand ing in the same row as Bucha, Borodyanka, Irpin,” said Ukrai nian Prosecutor General Andriy Kostin, listing places where the Ukrainians have alleged Russian forces committed atrocities.

Ukrainian flag raised in retaken city after Russian troops retreat

Haidai told The Associated Press that Ukrainian troops were flying Ukrainian flags in the cities of Svatove and Starobilsk.

choose,” the institute said.

The Nikopol area, across a river from the shutdown Zaporizhzhia Nuclear Power Plant, was shelled three times during the night, with no injuries immediately report ed, regional governor Valentyn Reznichenko said.

Russian troops are target ing critical infrastructure. Eight cruise missiles aimed at water equipment hit Zelenskyy’s home town of Kryvyi Rih, a city on the Inhulets River 150 kms (93 miles) southwest of Dnipro, the deputy head of the president’s office, Ky rylo Tymoshenko, reported on his Telegram channel. Zelenskyy said the strikes appeared to be an at tempt to flood the city and that a

dam on a reservoir was hit. Video posted online showed elevated water levels on the Inhulets and flooded city streets, and evacua tions of residents were suggested.

The center said Russian forces tried to destroy some of the aban doned vehicles through artillery strikes as they fell back. Typically, armed forces ruin equipment left behind so their opponent can’t use it. However, the chaos of the Rus sian withdrawal apparently forced them to abandon untouched am munition and weapons.

US President Joe Biden ob served Wednesday that Ukraini an forces have made “significant progress” in recent days but added, “I think it’s going to be a long haul.”

UN Secretary-General Antonio Guterres said Wednesday that he had spoken with Putin about ex porting Russian fertilizer through Ukraine’s Black Sea ports to address a famine threat. The UN chief said at a news conference in New York that high prices for fertilizer have reduced the planting of crops, mak ing it critical to increase Russian ex ports of ammonia—a key fertilizer ingredient—by shipping it through Black Sea ports now used to trans port grain from Ukraine.

“We are not there yet, but the end is in sight,” he said, compar ing the effort to that made by a marathon runner nearing the fin ish line. “Now is the worst time to stop running,” he said. “Now is the time to run harder and make sure we cross the line and reap all the rewards of our hard work.”

In its weekly report on the pan demic, the UN health agency said deaths fell by 22 percent in the past week, at just over 11,000 re ported worldwide. There were 3.1 million new cases, a drop of 28 percent, continuing a weeks-long decline in the disease in every part of the Still,world.the WHO warned that relaxed Covid testing and surveil lance in many countries means that many cases are going unno ticed. The agency issued a set of policy briefs for governments to strengthen their efforts against the coronavirus ahead of the ex pected winter surge of Covid-19, warning that new variants could yet undo the progress made to date.

Hundreds of posts from Ghulja riveted users of Chinese social media last week, with residents sharing videos of empty refrigera tors, feverish children and people shouting from their windows.

On Monday, local police announced the arrests of six people for “spreading rumors” about the lockdown, including posts about a dead child and an alleged suicide, which they said “incited opposition” and “disrupted social order.”

Russian forces left the warscarred city last week as Kyiv’s sol diers pressed a stunning advance that has reclaimed large swaths of territory in Ukraine’s northeast ern Kharkiv region.

The counteroffensive has left more weapons in Ukrainian hands.

Bucha is a small city on Kyiv’s outskirts from which Russian troops withdrew in March. In the aftermath, Ukrainian authorities discovered the bodies of hundreds of civilians dumped in streets, yards and mass graves. Many bore signs of Prosecutorstorture.said they so far have found six bodies with traces of tor ture in recently retaken Kharkiv region villages. The head of the Kharkiv prosecutor’s office, Olek sandr Filchakov, said bodies were found in Hrakove and Zaliznyche, villages around 60 kilometers (35 miles) southeast of Kharkiv city.

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As Zelenskyy looked on and sang the national anthem, the Ukrainian flag was raised in front of the burned-out city hall. After almost six months under Russian occupation, Izium was left largely devastated, with apartment build ings blackened by fire and pock marked by artillery strikes.

The Ukrainian governor of the eastern Luhansk region, Serhiy Haidai, said Ukrainian soldiers were preparing to retake the area, which borders the Kharkiv region and was has been mostly under Russian control since July. Intense shelling of Ukrainian forces continued, he said.

Local authorities have made simi lar claims in other areas Russia previ ously held, but it was not immediately possible to verify their information. They have not yet provided evidence of potential atrocities on the scale de scribed in Bucha, where the number and conditions of civilian casualties prompted international demands to press war crimes charges against Rus sianAsofficials.hewas returning from the front early Thursday, a passenger car collided with Zelenskyy’s ve hicle in a motorcade in Kyiv, but he wasn’t seriously hurt, his spokes man said on Facebook. Spokesman Sergii Nikiforov said the driver of the other vehicle received first aid from Zelenskyy’s medical team and was taken by ambulance.

Two people were killed and three wounded after Russia at tacked Mykolaiv with S-300 mis siles overnight, regional governor Vitaliy Kim said.

A Russia-allied separatist mili tary leader confirmed the Ukraini an advance on the Luhansk region.

Fighting also raged in the east ern Donetsk region, where shelling killed five civilians and wounded 16. Together, Luhansk and Do netsk make up the Donbas, an in dustrial area that Moscow set out to capture following an unsuccess ful attempt to invade Kyiv.

While criticism of the invasion seems to be increasing in Russia, German Chancellor Olaf Scholz said after a phone call with Russian President Vladimir Putin, “Unfor tunately, I cannot tell you that the realization has grown over there by now that this was a mistake to start this war.”

WHO says Covid-19 end ‘in sight,’ deaths at lowest since March 2020

By Elena Becatoros & Hanna Arhirova The Associated Press

“Russian troops are unlikely to be strong enough to prevent fur ther Ukrainian advances along the entire Oskil River because they do not appear to be receiving rein forcements, and Ukrainian troops will likely be able to exploit this weakness to resume the counter offensive across the Oskil if they

Arhirova reported from Kyiv. Asso ciated Press journalist Jon Gambrell in Kyiv contributed.

Moscow’s recent rout in north eastern Ukraine was its largest military defeat since Russian troops withdrew from the Kyiv area months ago. On the northern

ENEVA—The head of the World Health Organiza tion said Wednesday that the number of coronavirus deaths worldwide last week was the low est reported in the pandemic since March 2020, marking what could be a turning point in the yearslong global outbreak.

“So far China has provided political and moral support to Mos cow but has refrained from providing military assistance and toed the line on sanctions,” Hsiao said. “This posture reflects a balanc ing of its strategic interests with its economic ones—these inter ests will continue to guide Beijing’s positioning going forward.”

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By Hyung-Jin Kim The Associated Press

Pakistan and Tajikistan. Observ ers include Iran and Afghanistan.

One prospect for moving the bill forward is to attach it to the spending bill, which must be passed before Congress breaks for the campaign season.

BUT while trade has picked up even as the US and its allies have imposed sweeping sanctions on Russia, Beijing has stopped short of sending military supplies or financial support that might make it a target of such restrictions. And, despite recent fears among some financial investors, Beijing’s position is unlikely to change even if Putin on Thursday asks Xi for military assistance in Ukraine following heavy Russian losses in recent weeks.

China’s diplomatic backing for Russia eventually solidified over the months, and strengthened further after US House Speaker Nancy Pelosi visited Taiwan in August. Last week, Li Zhanshu— China’s No. 3 official—visited Moscow and told Russian lawmak ers that Beijing’s leaders “fully understand the necessity of all the measures taken by Russia aimed at protecting its key interests.”

The Chinese leader is set to secure a third term in power at a party congress next month while also dealing with an economic slowdown and a property crisis.

Xi was greeted at the Samar kand airport by Uzbek President Shavkat Mirziyoyev, China’s of ficial Xinhua News Agency re ported. Musicians played a fan fare on karnays, a traditional wind instrument that resembles a longPutintrumpet.andXiwere due to meet one-on-one and discuss Ukraine, according to the Russian presi dent’s foreign affairs adviser.

But recognition of the mea sure’s sensitivity was voiced

“If the bill continues to be deliberated, pushed forward or even becomes law, it will greatly shake the political foundation of China-US relations and cause extremely serious consequenc es to China-US relations, and peace and stability across the Taiwan Strait,” she said.

Kim said the meeting is one of a se ries that Yoon is pushing to hold with world leaders attending the UN General Assembly next Tuesday and Wednesday. He said South Korea and the US have also agreed on a meeting between Yoon and President Joe Biden.

HE Senate Foreign Re lations Committee ap proved a bill Wednesday to boost ties with Taiwan and give it more military hardware to deter a Chinese invasion, though the final legislation will need to address White House objections if it has any chance of becoming law.

Ties between South Korea and Ja pan, both key US allies, are at their low est point in decades after South Korean courts ruled in 2018 that two Japanese companies—Nippon Steel and Mitsubi shi Heavy Industries—must compensate former Korean employees for forced labor during Japan’s 1910-45 colonial rule of the Korean Peninsula. The companies and the Japanese government have refused to comply with the rulings, arguing that all compensation issues were resolved under a 1965 treaty that normalized ties between the countries and included a payment of $500 million from Japan to South Korea.

“I don’t think Chinese military aid to Russia is likely due to the sanctions and strong international opprobrium that would ensue,” she added. “This would also contradict Chinese claims that western military support for Ukraine perpetuates the war.”

Senator Edward Markey, a Massachusetts Democrat, was among those voting against the measure, saying he had concerns about its revisions to US policy toward Taiwan. He pledged to work with Menendez on changes before any floor vote.

“Chinese officials talk about a partnership ‘without limits,’ but Russia and China have always agreed to disagree on numer ous issues,” said Elizabeth Wishnick, a senior research scientist at the CNA, a security think tank in Washington.

Leaders of South Korea and Japan to meet amid dispute over history

By Rebecca Choong Wilkins

The region is part of China’s multibillion-dollar Belt and Road Initiative to expand trade by building ports, railways and other infrastructure across an arc of dozens of countries from the South Pacific through Asia to the Middle East, Europe and Africa.China’s economic inroads into Central Asia have fueled unease in Russia, which sees the region as its sphere of influence. Kazakhstan and its neighbors are trying to at tract Chinese investment without upsetting Moscow.

The Taiwan Policy Act would give Taipei $4.5 billion for de fense over four years, call for the US to “engage with” its demo cratically elected government as the “legitimate representative of the people of Taiwan” and affirm the president’s power to levy sanctions on Chinese officials and financial institu tions involved in actions against theTheisland.measure was approved 17 to 5, sending it to the full Senate for consideration and an uncertain fate.

Senate Majority Leader Chuck Schumer is known to be hawk ish on issues related to China, he has to use floor time to pass a continuing resolution to fund the government and is weighing action on a bill codifying gay marriage into law. But the Sen ate can move quickly if no sena tor objects to swift action. And a more skeptical view on China is the closest thing to a consen sus issue in Washington today.

Japan and India are strained by disputes over technology, security andTheterritory.event in the ancient sul tanate of Samarkand is part of Xi’s first foreign trip since the outbreak of coronavirus pandemic 2 1/2 years ago, underscoring Bei jing’s desire to assert itself as a regional power.

The World BusinessMirrorFriday, September 16, 2022A12 www.businessmirror.com.ph

Xi unlikely to throw Putin a lifeline as his struggles in Ukraine mount

China has also helped fill a void left by fleeing foreign firms with cars, televisions and smartphones as its exports to Russia recover after a lull following the invasion. Its exports to Russia of integrated circuits and other semiconductor components, and the machines that make them, rose to $155 million in the first seven months of this year, up almost 27 percent compared to the same period in 2021.

Senator Chris Coons of Delaware called the measure a “delicate dance,” and Menendez said there’s no way the bill would pass on the Senate floor unless the Biden adminis tration supports it.

Senate prospects PROSPECTS for the bill’s pas sage in the full Senate are especially difficult to handi cap given the huge amount of other business lawmakers will have to handle before midterm elections in November. While

IN this photo released by Xinhua News Agency, Chinese President Xi Jinping, center, is welcomed by Uzbekistan President Shavkat Mirziyoyev, right, as he arrives at an airport in Samarkand, Uzbekistan on Wednesday, September 14, 2022, to attend the 22nd meeting of the Council of Heads of State of the Shanghai Cooperation Organization. LI XUEREN/XINHUA VIA AP

Yet China appeared caught off guard when Putin invaded Ukraine a few weeks later. Officials in Beijing initially struggled to both support Russia and avoid endorsing a clear violation of sovereignty—a pretext that could be used to justify foreign in tervention in Taiwan, which China claims as its territory.

Chinese-Indian relations are strained due to clashes between soldiers from the two sides in a dispute over a border in a remote area of the Himalayas.

US Senate committee approves $4.5-B weapons deal for Taiwan

Any Chinese loss of life or economic hardship exacerbated by financial sanctions only risks blowing back politically on the Communist Party, which has vowed to raise living standards among the masses and even locked down major cities to keep people from dying of Covid.

EOUL, South Korea—The leaders of South Korea and Japan will meet next week on the sidelines of the UN General Assembly in New York, Seoul officials said Thursday, in the countries’ first summit in nearly three years amid tensions over history.

The two sides have agreed on a meet ing between South Korean President Yoon Suk Yeol and Japanese Prime Minister Fu mio Kishida and are discussing the exact timing, Kim Tae-hyo, a deputy national security director for Yoon, told reporters.

Seoul and Tokyo have been looking to mend their strained ties since the May inauguration of Yoon, a conserva tive who wants to improve relations with Japan and bolster trilateral SeoulTokyo-Washington security cooperation to better cope with the increasing North Korean threats.

The history disputes have spilled over to other areas, with the two countries downgrading each other’s trade status and Seoul threatening to scrap an intel ligence-sharing agreement. The wran gling has complicated a US-led attempt to solidify its alliances with its regional partners amid growing Chinese influ ence and North Korean nuclear threats.

Whilehand.Xisees Russia as an important diplomatic ally to resist the US, particularly its military alliances and control of the global financial system, he has few domestic incentives to get involved.

What’s more, sending troops or weapons would mark a viola tion of sovereignty, undercutting China’s own stated positions. The Kremlin has had to turn to Iran and North Korea for drones and ammunition, according to the US.

Other SCO governments in clude Kazakhstan, Kyrgyzstan,

even by some of those who voted for it. “I’m just very frustrated that we as a committee are going to put a spotlight on this,” Re publican Senator Mitt Romney of Utah said of the $4.5 billion in defense funding to Taiwan, arguing that there were other, lower-profile ways to achieve the same Democraticends.

The White House engaged in talks with the committee to change some aspects of the legislation, arguing that the US’s longstanding policy is still

The Chinese leader is promot ing a “Global Security Initiative” announced in April following the formation of the Quad by Wash ington, Japan, Australia and In dia in response to Beijing’s more assertive foreign policy. Xi has given few details, but US officials complain it echoes Russian argu ments in support of Moscow’s attack on Ukraine.

“If we want to ensure Tai wan has a fighting chance, we must act now,” said Sena tor James Risch of Idaho, the senior Republican on the committee.

Indian Prime Minister Na rendra Modi was due to arrive Thursday, according to his gov ernment, though there was no in dication whether he might meet separately with Xi or Putin.

“We need to be clear-eyed about what we are facing,” said Senator Robert Menendez, the New Jersey Democrat who chairs the committee and co sponsored the bill. “We are not seeking war with China.”

With assistance from Colum Murphy and Douglas Huang/ Bloomberg

Xi and Putin meet face-to-face in Uzbekistan on Thursday in their first sitdown since a Beijing meeting before the Winter Olympics that yielded a lengthy joint statement of more than 5,000 words. In it, they vowed to have “no ‘forbidden’ areas of cooperation” in challenging the US-led global order and pushing for a multipolar world.

China has several ways to show more support for Russia that would not fundamentally shift its position on the conflict, said Amanda Hsiao, senior analyst at Crisis Group, a Brussels-based policy research organization.

With assistance from James Mayger and Ailing Tan / Bloomberg

The meeting of the eight-nation Shanghai Cooperation Organiza tion comes at a time when Putin is isolated abroad following his invasion of Ukraine. Beijing’s re lations with Washington, Europe,

working. Officials in President Joe Biden’s administration also say the legislation would take policy direction out of the presi dent’sOnehands.concern focuses on Ti tle 2 of the act, which includes a section to amend previous Taiwan legislation, the Taiwan Relations Act, by expanding the terms under which the US might supply weapons to Taiwan. The Taiwan Relations Act, enacted in 1979, is a cornerstone of US policy toward Taiwan, and revamping it could upend the delicate architecture by which the US and China have peace fully agreed to disagree over Taiwan’s status for decades.

BEIJING—Chinese President Xi Jinping, Russia’s Vladimir Putin and leaders from India and Central Asian nations headed to Uzbekistan on Thursday for a summit of a security group formed by Beijing and Moscow as a counterweight to US influence.

Sanctions fears

China and Russia’s economic ties have grown despite US and European sanctions in the war. Dominated by energy and other commodities, Russia’s exports to China jumped nearly 50 percent to $40.8 billion in the first five months of the year.

China, Russia and Central Asia leaders hold security summit

Xi made a one-day visit Wednes day to Kazakhstan en route to Uzbekistan.PopeFrancis was in Kazakhstan at the same time as Xi, but they didn’t meet. AP

The bill’s proponents argue that President Xi Jinping is moving China in a more au thoritarian, militaristic direc tion, and the US must bolster Taiwan’s defenses in response.

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HORTLY before invading Ukraine in February, Vladimir Putin and Xi Jinping declared a “no limits” friendship. Yet even as his forces suffer humiliating losses on the battle field, Russia’s president shouldn’t expect much help at his first meeting with his Chinese counterpart since then.

Putin in recent days has seen some of his biggest losses since the war began, with Ukraine saying it retook more than 6,000 square kilometers (2,300 square miles) of land in a counterof fensive that has shifted the momentum of the conflict. Although Russia still controls about one-fifth of Ukrainian territory, fears are rising that Putin may seek further escalation to regain the upper

That includes using the Shanghai Cooperation Organization meeting in Uzbekistan to show the world that Putin isn’t isolated, as well as potentially participating in more military exercises with Russia, she said.

PRESIDENTS Vladimir Putin and Xi Jinping declared a “no limits” friendship during their last meeting in Beijing. BLOOMBERG

Although the White House says it supports some parts of the bill, Biden administration officials have said the bill risks upending the US’s carefully cali brated “one China” policy, under which the US has for more than 40 years built ties with Beijing by avoiding formally stating its position on Taiwan’s sovereign ty. They also fear it takes pol icy making out the president’s hands and gives it to Congress.

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China’s condemnation CHINA views the bill as another step in a campaign to under mine the “one China” agree ment and move toward formal recognition of Taiwan. China’s military fired ballistic missiles over Taiwan last month to pro test Nancy Pelosi’s visit to the island, the first such trip by a House speaker in a quarter century. China filed a diplomatic com plaint with the US about the act, Foreign Ministry spokeswoman Mao Ning said at a regular press briefing Thursday in Beijing.

By Daniel Flatley & Nancy Ognanovich

After a short service, the cap tain of The Queen’s Company 1st Battalion Grenadier Guards, as sisted by a senior sergeant, laid the royal standard of the regiment on the steps of the catafalque.

Crowds have lined the route of the queen’s coffin whenever it has been moved in its long journey from Scotland to London.

“I have 1,001 emotions when I see her,” he said. “I want to say, God, she was an angel, because she touched many good people and did so many good things.”

Sgt. Tom Jenks said the horses

Woman arrested in South Korea after bodies found in New Zealand

The Sweden Democrats won more votes than the Moderates but are not considered likely to lead the next government. The party was founded in the 1980s by far-right extremists, and while it has moved to the mainstream in recent years it has not fully shaken off that stigma.

Esther Ravenor, a Kenyan who lives in the UK said she was hum bled as she watched the procession.

Swedish PM formally resigns after right-wing bloc wins vote

BusinessMirror Friday, September 16, 2022 The World www.businessmirror.com.ph A13

The military procession under scored Elizabeth’s seven decades as head of state as the national mourning process shifted to the grand boulevards and historic landmarks of the UK capital.

The Associated Press writer Sylvia Hui contributed.

By Mike Corder, Jill Lawless & Danica Kirka The Associated Press

Perry reported from Wellington, New Zealand.

Four officers from the House hold Cavalry—two from the Life Guards and two from the Blues Royals—began the vigil, taking their places at each corner and bowing their Thousandsheads.hadqueued up along the banks of the River Thames, waiting to enter the hall and pay their respects to the only monarch most Britons have ever known after her 70 years on the throne.

Authorities didn’t immediately say if the 42-year-old suspect was the dead children’s mother. New Zealand police had earlier told their South Korean counterparts that the mother might be living in SouthSouthKorea.Korean police detained the woman in the southeastern port city of Ulsan, based on a South Korean court warrant issued after New Zealand requested her provi sional arrest as part of an extradi tion process, according to South Korea’s National Police Agency and Justice Ministry.

Two officers and 32 troops from the 1st Battalion Grenadier Guards in red uniforms and bear

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There were couples and parents with children, veterans with med als clinking on navy blue blazers, lawmakers and members of the House of Lords. Some wore black or suits and ties, others jeans and sneakers, and all had waited hours to stand in front of the coffin for a few

Chris Imafidon, secured the sixth place in the queue.

President Joe Biden spoke Wednesday with Charles to of fer his condolences, the White HouseBidensaid.recalled “the Queen’s kindness and hospitality” she hosted them and the first lady at Windsor Castle in June, the state ment said. “He also conveyed the great admiration of the American people for the Queen, whose dig nity and constancy deepened the enduring friendship and special relationship between the United States and the United Kingdom.”

By Nick Perry & Kim Tong-Hyung The Associated Press

Queen Elizabeth lies in state as throngs pay last respects

skin hats walked on either side of the gun carriage. The 38-minute procession ended at Westminster Hall, where Archbishop of Canter bury Justin Welby led a service at tended by Charles and other royals.

MEMBERS of the public file past the coffin of Queen Elizabeth II, inside Westminster Hall, at the Palace of Westminster, in London on Wednesday, September 14, 2022, where it Lies in State on a Catafalque. Queen Elizabeth II will lie in state in Westminster Hall inside the Palace of Westminster, from Wednesday until a few hours before her funeral on Monday, with huge queues expected to file past her coffin to pay their respects. BEN STANSALL/POOL PHOTO VIA AP

“I love the queen, I love the royal family, and you know, I had to be here,” she said. “She is a true role model. She loved us all, all of us. Especially someone like me, a migrant woman coming to the UK 30 years ago, I was allowed to be here and to be free and safe, so I really honor her. She was a big part of my Maj.life.”Gen. Christopher Ghika, of the Household division, who organized the ceremonial aspects of the queen’s funeral, said it was “our last opportunity to do our duty for the queen, and it’s our first opportunity to do it for the king, and that makes us all very proud.”

Manymomentsbowed or curtseyed and some were in Thousandstears.whohad waited for the procession for hours along The Mall outside the palace and other locations along the route held up phones and cameras, and some wiped away tears, as the casket rolled by. Applause broke out as it passed through Horse Guards Parade. Thousands more in nearby Hyde Park watched on largeThescreens.coffinwas topped with the Imperial State Crown—encrusted with almost 3,000 diamonds—and a bouquet of flowers and plants, including pine from the Balmoral Estate, where Elizabeth died on Sept. 8 at the age of 96.

The newly elected Riksdag is scheduled to gather for the first time on September 26.

The unidentified woman cov ered her face with the hood of her coat as officers escorted her out side an Ulsan police station and put her in a car headed for the capital, Seoul, where she was expected to be questioned by prosecutors.

Troops involved in the proces sion had been preparing since the queen died. So had the horses of the King’s Troop Royal Horse Artillery.

ONDON—The coffin of Queen Elizabeth II left Buckingham Palace for the last time Wednesday, borne on a horse-drawn carriage and saluted by cannons and the tolling of Big Ben, in a solemn procession through the flag-draped, crowd-lined streets of London to Westminster Hall. There, a steady stream of mourners paid their respects to Britain’s longest-reigning monarch.

Heathrow Airport temporar ily halted flights, saying it would “ensure silence over central Lon don as the ceremonial procession moves from Buckingham Palace to Westminster Hall.”

As the cortege left the palace, her son, King Charles III, and his siblings and sons marched behind the coffin, which was topped by a wreath of white roses and her crown resting on a purple velvet pillow.

Earlier,Palace.inEdinburgh, about 33,000 people filed silently past her coffin in 24 hours at St. Giles’ Cathedral.Theline of people snaking along the banks of the River Thames to enter Westminster Hall, the oldest building in Parliament, was nearly 3 miles long in the afternoon, ac cording to a government tracker.

By Jan M. Olsen The Associated Press

four-partyAkessonDemocratswhilecounted,percentDemocratscenter-leftblocgeneralcoalition.toModerates,thegovernmentcaretakingAnderssoninform349-seatNorlen,majorityimmigrationthatresignationonMinisterSocialDenmark—Sweden’sOPENHAGEN,DemocraticPrimeMagdalenaAnderssonThursdayhandedinherafteraright-wingblocincludesanationalist,anti-partywonanarrowinSweden’sparliament.AnderssonmetwithAndreasthespeakerofSweden’sRiksdag,toformallyhimofherdeparture.willcontinueinacapacityuntilanewisformed.Norlenisexpectedtoaskleaderofthecenter-rightUlfKristersson,trytoformagoverningFollowingSunday’selections,theright-winghas176seatswhiletheblocwiththeSocialhas173.OnWednesday,once99.9ofvoteshadbeenAnderssonconcededpopulistSwedenleaderJimmiedeclaredvictoryfortheright-of-centerbloc.

At 900-year-old Westminster Hall, where the queen will lie in state until her funeral Monday, crowds shuffled past her coffin well into the night. They moved silently down the steps of the hall under a great stained glass win dow, then past the coffin that was covered with the Royal Standard and had been placed on a raised platform known as a catafalque by eight pallbearers.

were specially trained, including how to handle weeping mourners, as well as flowers and flags being tossed in front of the procession.

The hall is where Guy Fawkes and Charles I were tried, where kings and queens hosted mag nificent medieval banquets, and where ceremonial addresses were presented to Queen Elizabeth II during her silver, golden and dia mondChrisjubilees.Bond, from Truro in southwest England, was among those waiting to see the queen’s coffin. He also attended the ly ing in state of the queen’s mother in 2002.“Obviously, it’s quite difficult queuing all day long, but when you walk through those doors into Westminster Hall, that marvelous, historic building, there was a great sense of hush and one was told you take as much time as you like, and it’s just amazing,” he said.

“Let not your heart be troubled: ye believe in God, believe also in me. In my Father’s house are many mansions: if it were not so, I would have told you,” Welby read from the Book of John.

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EOUL, South Korea—A wom an was arrested in South Korea on Thursday on two murder charges from New Zealand, where the bodies of two long-dead children were found last month in abandoned suitcases, authorities said.

On Tuesday night, thousands braved a typical London drizzle as the hearse, with interior lights illuminating the casket, drove slowly from an air base to Buck ingham

“We know the queen was a good age and she served the country a long time, but we hoped this day would never come,” he added.

Still, because it won more seats than any other party on the right, and is now the country’s second largest party in parliament, it is expected to have significant leverage in any government.Andersson, who heads the largest party, resigned less than a year after she became Sweden’s first female head of government. Her appointment as prime minister had marked a milestone for Sweden, viewed for decades as one of Europe’s most progressive countries when it comes to gender relations, but which had never previously had a woman in the top politicalAnderssonpost. led Sweden’s historic bid to join Nato following Russia’s invasion of Ukraine in February.

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The accomplishments of these athletes are a testament to their hard work and dedication. They made a lot of sacrifices to get to where they are now and as spectators, we can’t help but celebrate with them on their triumphs and be proud of our connection with them as Filipinos. But just as important is the support they are receiving, be it from private sponsors or the government. During our plenary session last Monday, I raised these questions: What can we achieve if the government matches the commitment of the private sector and why do our best and brightest leave?

leaves behind children with limited or no connectivity due to poverty or distance. Malnutrition also plays a role in low quality of education.

the Philippines will also host the FIBA Men’s Basketball World Cup. Many hoops superstars will fly in for the games and this will open up countless opportunities for us to showcase the country.

Senator Sonny Angara has been in public service for 18 years—9 years as Representative of the Lone District of Aurora, and 9 as Senator. He has authored and sponsored more than 250 laws. He is currently serving his second term in the Senate.

Physicalnorm.capital refers to the built assets in various forms of infrastructure that are necessary to produce the economy’s goods and services. Despite the previous administration’s infrastructure push, our infrastructure remains below par. Power supply reliability and stability are still in question with high generation cost. Water supply is at an impending crisis point. Transport infrastructure remains highly “carcentric” as it were. Housing needs are

Financial capital refers to financial assets, instruments, and resources (loans, bonds, stock, expenses, equity, and cash flows). Currently, the country is facing fiscal challenges, namely escalating inflation, heightened public indebtedness due to Covid-19, low savings rate, and wide scope for improving financial literacy.

Dr. ser Percival K. Peña-reyes and thomas L. Lazaro III

Newspaper headlines from around the world: “China cuts power to factories, homes as reservoirs fall.” “US Power Prices Rise Most in 41 Years as Inflation Endures.” “London Tube Services Disrupted Due to Power Supply Issues.” “French Grid Joins With Big Business for Peak Power-Saving Plan.” “Zimbabwe Intensifies Nationwide Power Cuts on Supply Shortage.”

Better Days

THabito.HiNgs

energy prices are wreaking havoc around the world. The magnitude of the crisis varies in different countries, but aggravating circumstances are generally the same—high fuel prices, supply disruptions, power outages, and energy rationing.

www.news.businessmirror@gmail.comFriday, September 16, 2022 • Editor: Angel R. Calso Opinion BusinessMirrorA14

sonny M. angara

Luckily for us, we are not being threatened by nationwide power outages… yet. But the Luzon grid was placed on red alert on Monday afternoon after seven power plants went on forced outage, while the output of three more plants was “derated”—which means reducing the plant’s available capacity—by the National Grid Corporation of the Philippines. When reserves fall below ideal levels, a yellow alert is placed over the grid. When supply-demand balance worsens, a red alert is declared, which points to severe power deficiency that may lead to rotating power interruptions (Read, “NGCP puts Luzon grid at red alert on 7 power plant outages,” in the BusinessMirror, September 13, 2022).

Recently, our tennis prodigy Alex Eala made history by becoming the first Filipino to win a grand slam singles event. Alex defeated world number 3 Lucie Havlickova of the Czech Republic in the finals of the US Open Juniors tournament and I can’t wait to see how much further she will go in the pro circuit.

Building on our capitals: Moving forward and upward

largely unmet. Telecoms and Internet connection is improving but still lags with a wide digital divide.

To improve infrastructure adequacy, reliability, and cost, we must liberalize ownership of renewable energy provision (which is currently at 60-40 restriction), widen and improve mass transport systems (rail and bus transits), ramp up government housing expenditure, and liberalize Internet by widening shared telecom facilities such as towers moving towards provision of free Wi-Fi nationwide. Public-private partnerships (PPPs) must assume prominence in public infrastructure under current fiscal pressures.

ate has consistently supported our sports development programs through the budget of the Philippine Sports Commission (PSC). As a former chairman of the Committee on Sports, I saw to it that there were increases in the annual budget of the PSC. My colleagues who took over the committee’s chairmanship, particularly our Majority Leader Joel Villanueva and now Senator Bong Go, have continued their support to the PSC and the development of ourWhenathletes.Italk about the government’s commitment to our athletes, providing the budget, while important, is just one part of the equation. We need strong policies and programs to ensure that the funds are used properly and the appropriate interventions are provided for the benefit of our athletes.

There was an automatic load dropping (ALD)—a safety procedure wherein power is cut off at certain areas because the power supply is very low—incident on Sunday Accordingmorning.toMeralco, the power outage was due to the decrease of approximately 916MW in its load affecting over 600,000 customers in Caloocan, Makati, Manila, Muntinlupa, Parañaque, Pasay, Pasig, Pateros, Quezon City, Taguig, Bulacan, Cavite, Laguna, Rizal, and Quezon province. ALD was also declared outside of Meralco’s franchise areas.

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The NGCP’s announcement of red and yellow alerts in the Luzon grid on Monday puts emphasis on the need to invest and strengthen the country’s generation and transmission system. We all want reliable electricity service with no brownouts and lower power rates. The challenge is how to push power costs down and how to create a good business environment for utilities at a time of high interest rates and high oil prices.

are looking up for Philippine sports. After decades of dreaming and waiting, oftentimes ending up with disappointment, we are now seeing a renaissance of sorts in this field. Philippine sports is having a moment right now, and i think everyone should take notice.

The way forward for agriculture and fisheries is to copy what our Asean neighbors are doing: 1) farmer-focused supply chains, 2) clustered and consolidated farm management, 3) ample financing for small farmers, 4) province-led agriculture and fisheries extension system, 5) separation of fisheries from agriculture, and 6) agriculture budget raised to the Asean

up at your doorsteps. Make it easy for them because it’s hard enough to travel all over the world while training non-stop. How much more taxing and time-consuming would it be if they also have to spend so much effort and money to work out their travel documents? Let’s help them out so they can just concentrate on their training for their tournaments. We need to review our policies and find out what is working, where we are deficient and how we can tweak these to best obtain our goals. It’s sad to think about the athletes and coaches we have lost in the past, including some of the best in their respective sports. The reasons behind their decision to leave vary but there appears to be a common tenor: the lack of opportunities and support coming from the government. It’s possible that we don’t have the policies that will foster a strong ecosystem for our athletes. This is the missing ingredient, along with strategic thinking in the realm of sports, the arts, science, research and development, and the other elements that contribute to nation building, to help in making the nation great, to help mold national pride and national identity.

The challenge facing the PHL power sector

Today, we face two external challenges: the post-Covid fallout and the Russia-Ukraine war. How do we navigate through these? The answer lies in building on our various capitals: human, natural, physical, financial, andHumansocial. capital encompasses people’s health, knowledge, wisdom, skills, and motivation, which are important to attain well-being and happiness. Poverty and hunger, however, remain escalated at this time. Hunger doubled from 2019 levels. This worsened high rates of severe malnutrition and stunting in young children. At the same time, education takes a severe blow. Remote learning

In June 2021 we also saw Yuka Saso become the first Filipino to win the prestigious US Women’s Open in golf. A month later, weightlifter Hidilyn Diaz also made history by bringing home the elusive gold medal in the Tokyo Olympics. We also remember the recent feats of our Philippine women’s football team, the Filipinas. After becoming the first Philippine team to qualify for the World Cup, the Filipinas also gave the country its first ever title in the Asean Football Federation Women’s Championship. It is also worth noting that next year,

ON August 25, 2022, the Ateneo Center for Economic Research and Development conducted a briefing dubbed “Moving On and Moving Up: Bold New Directions for the Philippine Economy.” There were three presentations in that briefing. Today’s column summarizes the third presentation by Dr. Cielito F.

Making the most of a resurgence in Philippine sports

come remains unevenly distributed. Our food prices are much higher than our Asean counterparts. Our agriculture and fisheries are currently the source of inflationary pressures. The poorest of the poor also belong to the agricultural sector. Agriculture has much potential because it is the most geographically inclusive sector, with all regions having almost equal share of its contribution, excluding NCR.

Sen. Grace Poe cited the disparity in the prices of electricity rates in Metro Manila and those in the provinces. Poe, who chairs the Committee on Public Services, lamented that electricity fees in Metro Manila had been “significantly lower” than in the provinces, where customers suffer from intermittent power outages and poor services by electric cooperatives.

NGCP Spokesperson Atty. Cynthia Alabanza said in a radio interview that aside from the forced plant outage, scheduled plant shutdown, and derated plant capacity, the transmission system also tripped. Electricity rates in the Philippines are relatively higher than those in other countries. But urban and rural rates are not the same, which prompted senators to conduct a probe into the alleged poor service and higher power costs in the regions. This came after Senate President Juan Miguel Zubiri delivered a privilege speech raising the alarm on the steep rise of electricity rates in Mindanao and other parts of the country.

At the House of Representatives, Congressman Dan Fernandez chided the Energy Regulatory Commission in a recent budget hearing. He wants ERC to lower the weighted average cost of capital of energy players, saying this should lead to lower electricity rates. The WACC is the cost of capital, set by the ERC, which allows the NGCP and other utilities to keep their operations viable and attractive. The government as regulator can reduce the WACC of utilities.

It could be something as simple as facilitating the processing of visas for our athletes and coaches. They regularly have to travel overseas to train and compete. For instance, as pointed out by Senator Pia Cayetano, our pole vaulter EJ Obiena lives and trains in Italy but has to return home every so often to renew his visa. I agree with Senator Pia that our government could make the appropriate representations with its counterparts to make the process easier for our athletes. I call on the Department of Foreign Affairs to please roll out the red carpet for our athletes whenever they show

Over the past decade, the Sen-

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editorial

To fight rising inflation, we must ease supply-side rigidities through eased importation, farm supports, and high-level negotiations for access to critical goods. In facing indebtedness, we must hike revenues and spending to grow out of debt.

Moving forward, we must fix the interconnected crises by upgrading the public health system, strengthening food systems and food security strategy, mobilizing a new education commission, and retooling and directing work force skills toward technology, logistics, and creative skills. We must also push for entrepreneurial skills while reducing medium and small enterprise barriers.

Natural capital refers to our natural assets. The Philippines is a natural-resource-rich country, yet its in-

Fernandez is pushing for a WACC rate of 6 percent to 7 percent. Energy players said this is not good because huge investments are needed to ensure the stability and integrity of the entire power system, which will only be feasible with a reasonable WACC. They said a rate below 10 percent will have a net return after tax of around 7.5 percent or lower, which will not be sustainable for utilities as they will have a hard time paying for debt at interest rates of 6 percent to 7 percent. This risks their operational efficiency, and contradicts the Supreme Court decision, which determined that a reasonable rate of return for utilities should be at least 12 percent.  Studies have shown that power rates will go down if generation cost goes down. In general, fuel cost takes up a large portion of the generation cost. Therefore, reducing fuel cost helps bring down the generation cost.

Controlling the power generation mix will also lower the generation cost. For example, the most promising sources of power in reducing generation cost are those from hydroelectric and coal-fired thermal plants. In contrast, the generation cost surges when one relies on diesel generators or imported natural gas.

eaGLe WatCH

Values Survey, only 5.3 percent from the Philippines said yes. This means that we do not trust our government and fellow Filipinos. By contrast, Thailand’s rating is at 28.9 percent, Singapore at 34.4 percent, and China at 63.5Whypercent.dowenot highly trust one

The rise in prices in the global markets is, to the Russian leader, a “real tragedy for most of the poorest countries, which are facing shortages of food, energy, and other vital goods. Citing data from the UN, in 2019 there were 135 million people in the world facing acute food insecurity and their number has soared by 2.5 times to 345 million by now. Putin said this is just horrible. Moreover, the poorest states have completely lost access to the most essential foods as developed countries are buying up the entire supply, causing a sharp increase in prices.       Now the global economy is in turmoil with an inflation spike heretofore unheard of. Americans saw their gas

In a speech at the Eastern Economic Forum held from September 5 to 8 in Vladivostok that was attended by over 6,000 delegates from 68 countries in Europe, Africa, Latin America and Asia that include the Philippines, Putin underlined why the sanctions have instead hit the West and contributed to raising the ranks of the poor globally. He also cited the emerging consensus among nations to close ranks against the doings of the West. The said forum, for instance, has resulted in the signing of 260 investment agreements amount-

pump prices rise and other prime commodities as well. And this has persisted even with the optimism that greeted the opening of the global economy. As a result, there was a rout in the stock markets as the high inflation numbers arose from increased rents. This week is seen resulting in another rate hike as the US tries to tame the rise in consumer prices that rob the ordinary citizens of their purchasing power.

Alex Eala: A princess is born

Imposing new taxes are also inevitable. We must also scale up digitization of transactions to financially empower the unbanked. Moreover,

FTeR the Queen died, a new princess was born. She did not come to rule a royal court but the tennis court. She is Princess Alexandra I but more popularly known as Princess Alex. Alex is the first tennis royalty from the Philippines who ruled the recent uS Junior Open after defeating Lucie havlickova of the Czech Republic in two straight sets, 6-2 and 6-4. Alex was the first Filipino to win a Grand Slam singles title in tennis. And she did it at the uS Open, one of the most prestigious tennis tournaments in the world. In clinching the title, she had won over highly rated players on her way to the championship. She bested 8th seeded player, Taylah Preston from Australia, 14th seed Mirra Andreva of Russia in the quarterfinals, and 9th seed Victoria Mokpo of Canada in the semis. havlickova was the 2nd top ranked player in the tournament and she is currently the World No. 3 in the junior ranking.

E-mail: titovaliente@yahoo.com

TELLTaLEsMannyF.Dooc

The virus would eventually win. No one dared question the health protocol. Science triumphed over religion. A ritual failed, or so it seemed.Couldfaith survive when death threatened those who held to that faith? The second September came in 2021. No consolations came. No procession took place. The Virgin, the Mother stayed in Her home by the river. The affliction persisted.Itistrue however what theorists say about historical reports and data. Do not trust the traditional storyteller. In his essay, Of Other Spaces (published in the French journal, nuité,tecture/Movement/Conti-Archi-andtranslatedfrom

cent and Estonia 25.2 percent. And it is still on the rise.

Alex is only 17 years old and her parents are both commoner, Michael Eala, a successful businessman, and Rosemarie “Rizza” Maniego-Eala, a former national swimmer who bagged a bronze medal in the Southeast Asian Games and now the Chief Financial Officer of Globe Telecom. Her elder brother, Miko, also plays tennis at Penn State in the US. At 5’9”, Alex has the build, strength, stamina and the right mental attitude to compete and survive in the fierce and grueling sport of tennis. In tennis, a player is always constantly in motion, running in every direction and angle to hit the ball into the opponent’s court. But Alex came prepared. Throughout the US Open tournament where she played six matches, she did not drop a set and she was proud of her performance. “I would say I’m very happy with the way I handled each and every point. I had a lot of moments in this tournament where I was down. I could have lost, could have lost a set, and could have gotten mad easily, but I didn’t. I think my behavior throughout the whole week is something I’m very proud of.” We saw that Alex and we are all proud of you.

While Alex shall be concentrating in the women’s game, she, however, has not ruled out playing in the juniors rank whenever the schedule permits while she’s still young and eligible.  Sheis currently No. 288 in the last World Tennis Association (WTA) ranking although this may improve following her recent US Open victory. Alex’s highest rank was at 280, which she achieved in August after scoring a couple of victories. Her other notable wins were in the 2020 Australian Open and in last year’s French Open where she won the doubles championship in the junior division with different partners. She keeps on winning the doubles competition despite her lack of a permanent partner. And her partners had come from different countries. This only shows her versatility, mental toughness and mastery of the game as a doubles player.

Rebounding rituals: The Virgin in September

dreading the phantom infection. Photos also began to circulate of people on their knees by the roadside on the outskirts of the city as they, too, waited for the quick procession in their area. With their heads bowed, hope insisted on being greater than faith and faith gave way with all charity.And so, it came to pass that, after two years and some five months l ater, the Church and the local government both agreed it was time to bring back the grander, not necessarily truer, demonstration of faith —the Traslacion. The discussion that preceded it underscored the very essence of the ritual, which marked it as the antithesis of what the virus had held us hostage from for a long period—the tactility and face-to-face existence that make us human and the breach of the boundary between the sacred and the profane (the mortals bonding with the eternal without the mediation of the priestly offices), making the Peñafrancia devotion a persistent question for the Church and a victorious assertion of folk beliefs.

trust, belonging, and participation, which promote unity and harmony among citizens. Studies show that the level of trust among people and the government is highly correlated with economic growth. However, on the question “Can most people be trusted?” in the 2017-2022 World

is being compounded by disinformation.

On Thursday night of September 8, 2022, the icon of the Lady was carried by devotees, from the sanctuary in Basilica down to her original, smaller shrine across the river. In that short procession, there was no violence, no scrambling to kiss the hem of Her manto or cape. The performative religion, the battle to reach for the image, the display of what Patrick Curry in his essay, Enchantment and Modernity, calls “non-anthropocentric animism,” —“the transgression of the official boundaries

It gives her a distinct honor to wear the Philippine colors in international sports meets. In an earlier interview she said: “It is also another opportunity for me to represent the Philippines, something I love, and I definitely have the sense of playing for my nation and for something far bigger than just myself.” On winning the junior singles crown at the US Open, she proclaimed: “This is a huge step for me personally… I am super happy to represent my country and do something worthwhile for the big platform and being able to inspire other younger people.” She competes not only for personal glory but to win honor for our people and country. She hopes that her success will help develop the sport of tennis in the Philippines and inspire our youth to take up the game. She truly deserves our prayers and support.   Philippine Olympic Committee President Representative Abraham Tolentino observed: “Alex will go a long way in her tennis career which is just budding.” Yes, our budding Princess of Tennis will bloom and mature, and will win more tennis crowns for our country. Her love for the game is unequaled despite the defeats that she suffered. “Marami akong dinaanan na hard times and really devastating losses but what is important to me is the happiness that the sport gives me and the love I have for the sport always overpowers any struggling or negativity that I may go through.” This is the right mental attitude for the game, which separates the champion from the wimps. Alex is now the highest ranked Filipino tennis player in the world and her WTA ranking will definitely go up as she resumes her winning ways. She will definitely hunt for more prestigious titles, more grand slam crowns. Foreign media should start learning Pilipino or they won’t be able to report her post-victory interviews. There is no stopping Princess Alex from becoming the Queen of the tennis court. She needs to repeat her triumph in another major tournament to prove that her maiden grand slam title at the US Open is not a fluke. With her grit and determination, she will be equal to the challenge. God save our Princess Alex!

Putin, accentuating what he called “the West’s short-sighted actions, “(that) have triggered a global inflation,” lamented too that many countries have seen more hardships, hitting the poor communities even in many developed economies, where the inflation rate has reached a record-high level that had not been seen in many years. He said “Everybody is aware of this but I will reiterate: as of late July, inflation in the United States reached 8.5 percent. Russia has just over 14 percent but it is declining, unlike in Western economies. The inflation there is on the rise, and in our country it is declining.”

Finally, social capital refers to society’s shared values, norms,

Dr. Ser Percival K. Peña-Reyes is the Director of the Ateneo Center for Economic Research and Development. His co-author, Mr. Thomas L. Lazaro III, is a graduate student at the Department of Economics of Ateneo de Manila University.

Aside from joining more professional women’s tour, what she is dying to do next is to represent the Philippines in the next SEA Games, Asian Games and possibly the World Olympics. In her first stint at the 31st Southeast Asian Games edition in Vietnam, she failed to bring home a gold medal but she won 3 bronze medals. Her recent success in major WTA tournaments and at the US Open should send a warning to her rivals in the region that they would be facing a different Alex during their next encounter.

The United States is set to again raise its interest rates after the European Central Bank has just pulled the rug on the Federal Reserve with a 75 basis point rise, and the Bank of England seems to follow next week with a raise of its own benchmark 1.5 percent. And the cycle of interest rate rises is seen continuing still with the hawkish stance of the US Fed. And here at home, another rate increase looms after the surprise 75 basis point rate increase was announced before its August policy meeting.

The first major event to succumb to the pandemic in the Bicol region was religious. This was the Traslacion, the transfer of the centuries-old icon of the Nuestra Señora de Peñafrancia from her Shrine near the river, to the Naga Metropolitan Cathedral. During typhoons, Bicolanos pray to her and when the storm changes its course, the people thank the Ina, the Mother, for that is what they call, for helping once more their region. A bit naive, perhaps and selfish for how would the Divine spare some of her children and allow the others to be battered by winds. But that is how it always worked, in their mind and heart.

ing to 3,255 trillion rubles. Note here that the value of the investment pacts announced were made in rubles, not in dollars, a key takeaway that shows the perceived diminishing influence of the dollar.

Where the mandate during the pandemic was for the human race to be masked against each other, here was a ritual that affirmed the body more than the soul, a ceremonial celebrating the commingling of violence with veneration, fusing faith with fervid physicality.

another? Sadly, ours is a history of social divisiveness and fragmentation rooted in economic inequality, social injustices, wide differences in access to good education, corruption, political dynasties and bad governance, and anti-elite and oligarchy messaging in social media, which

Her immediate focus now is to return to the professional women circuit where she has yet to score a major win. She had, however, scored two professional championships: the first in Manacor, Spain last year and another in Chiang Rai, Thailand early this year. She was a losing finalist at the ITF professional tournament in Madrid in July. A remarkable finish, if not a championship, in a Grand Slam tournament will drive the entire country crazy. We don’t lose sight of the fact that many previous winners of the US Open girls’ championships like Jennifer Capriati, Lindsay Davenport and others had become legends in their game after graduating from the girls’ tournament.

expanding financial literacy programs via private-public partnerships would also be empowering. Lastly, we need to aggressively promote foreign direct investments through policy and institutional measures.

Sanctions vs Russia boomerang on West

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French by Jay Miscowiec), Michel Foucault writes: “The great obsession of the nineteenth century was, as we know, history: with its themes of develop-

However, the virus that came to this world, affecting everyone and not giving extraordinary treatment to those whose faiths have always guarded them against plagues. It locked down nations and villages. It created boundaries where there was just a flow of people; it imposed isolation. It redefined “social distancing,” from the language of class structure into a concept of public health, a non-medical intervention enforcing spaces for individuals.

uSSIAN President Vladimir Putin has underscored an inconvenient truth: the sanctions that the West have imposed on Russia that include freezing half of its own $640 billion reserves in gold and foreign exchange have boomeranged on them. In a speech at the eastern economic Forum in Vladivostok, which was attended by officials from 68 countries, Putin cited the effects that the sanctions have had on the West itself.

Tito Genova Valiente annoTaTions

second Friday of September, as it had happened years before, all before the pestilence.

The inflation in Germany has reached 7.9 percent, in Belgium 9.9 percent, in the Netherlands 12 percent, Latvia 20.8 percent, Lithuania 21.1 per-

Eagle Watch . . . continued from A14

In fact, both Putin and Chinese leader Xi Jinping have agreed to pay their trades involving Gazprom half in ruble and the other half in yuan. This baby step towards jettisoning the dollar as the currency for global business affairs takes center stage in another two-day event that follows the seventh staging of the Eastern Economic Forum, the 22nd meeting of the Shanghai Cooperation Organization. Set in Samarkand, Uzbekistan on the 15th and 16th, the event will highlight the first foreign trip of Xi Jinping since the Covid pandemic and is seen to provide the spotlight on the alternative-to-the-West narrative in globalUzbekistantrade. President Shavkat Mirziyoyev hosts the regional cooperation agreement that will be attended by leaders of India, Pakistan, Russia, China and four other Soviet Central republics. It will be interesting to watch the proceedings of the said event that was last held in Tajikistan in 2021. With the agenda set for eliminating trade barriers, and peace and stability in the region, the Shanghai Cooperation Organization could provide the blueprint for a new way of trade dealings absent the dollar as medium of trade. As we say in our language: Abangan.”

LiTo GaGni

protection from the disease. With flashlights trained on Her, we prayed for succor, then we looked around us in a furtive census of our friends and neighbors, all fearing for our life, all

As the September of 2020 neared, it became obvious to the devotees and the institutional church that this massively popular ritual, actually a procession, was facing a question that was not only logistical but also spiritual and ideological. The event had always called for males to be the voyadores, those who carried the Virgin during the said transfer. That act of bearing had changed through the years. Given how the men, some of them drunk from alcohol or tipsy from all that sweat and smell, fought to touch the icon, changes had been made to the carroza of the Virgin. From the usual palanquin type, the carriage for the image was made into a huge metallic globe. Its shape and sheen are meant to be slippery so that believers with bravado can be pushed easily to slide down to ground with the prayer that they be not crushed by the mob. That globe can also be taken, perhaps in a quite facile way, as a metaphor of the Divine unshaken

above the Earth.

Friday, September 16, 2022 Opinion A15BusinessMirrorwww.news.businessmirror@gmail.com

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takespiritual/material”—wouldmate/inanimatehuman/non-human,betweenani-aswellasplacethenextday,the

ment and suspension, of crisis and cycle, themes of the ever-accumulating past…” He continues to explain what is true at present: “We are in the epoch of simultaneity, we are in the epoch of juxtaposition, the epoch of the near and far, of the side-by-side, of theWheredispersed.”inonemonumental space of churches, bishops and priests, of formal ceremonies, and colonial traditions, the fiesta of the Marian Image of Peñafrancia, has ceased, in other spaces, the unimpeded belief in the powerful Mother went on. In villages, at six or seven in the evening, with the sirens sometimes making a sound, neither for emergency nor for death, but for salvation, as the icon, propped up on the carriage on a small pickup truck, was taken around the dark and tight streets. People—we and my family—ran outside to catch this rite as if to miss it was to miss one more opportunity for healing or

B alisacan said this is the reason for the 8-point so cioeconomic agenda which represents an intervention to resolve the country’s nearand medium-term challenges, particularly in addressing pov erty and hunger.

T he pending BARMM Electoral Code prompted the government to defer the conduct of the first elec tion in the region from this year to 2025.

M arcos made the appeal dur ing the ceremonial opening of the 80-man BTA parliament in Shariff Kabunsuan Cultural Complex in Cotabato City last Thursday. Todeliver our commitments to the people of BARMM, I urge you to pass all the crucial legislations

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A nother priority legislation, the President said, which the BTA should consider are laws that will “secure the welfare of the Moro people, particularly in agri fishery, healthcare, transportation, com munication, digital infrastructure, and e-governance.”

He noted that despite the chal lenges posed by the pandemic, Ebrahim said the previous BTA was able to pass 31 legislations includ ing the  Administrative Code, the Civil Service Code, the Education Code.Marcos lauded the BTA for these achievements, which he said are “cornerstones of BARMM moral self-governance.”AsidefromMarcos and Ebra him, other very important per sons, who were present in the ceremonial opening of the BTA parliament are Senate President Juan Miguel F. Zubiri; Speaker Martin G. Romualdez; Interior Sec retary Benjamin D. Abalos, Jr.; BTA Parliament Speaker Pangalian M. Balindong; Wali Sheikh Khalifa U. Nando; Supreme Court Associate Justice Japar B. Dimaampao; and Moro National Liberation Front (MNLF) Chairman Nur Misauri.

Foremost of these support mea sures, Marcos said, is the P74.4billion funds allocated by the De partment of Budget and Manage ment (DBM) in the proposed 2023 national budget.

“ I look forward to the fulfill ment of your vision to realize a united and enlightened self gov erning, peaceful, just, morally upright and progressive Bangsam oro,” he added.

on fiscal policy, particularly taxa tion and to facilitate the conduct of the elections in the BARMM in 2025,” Marcos said.

By Cai U. Ordinario @caiordinario

I n a Senate Finance Com mittee Hearing, Socioeconomic Planning Secretary Arsenio M. Baliascan also said the logistics problem, particularly on food logistics, are among the chal lenges that could make matters worse for poor Filipinos.

T he country, Balisacan said, should remove unnecessary trade restrictions in order to facilitate the flow of goods and services nationwide. Efforts to improve roads and the removal of unnecessary check points that have nothing to do with trade issues such as sanitary and phytosanitary concerns should be addressed.

TO facilitate the the Bangsamoroself-governancepeacefulofAutonomous Region in Muslim “Bongbong”(BARMM), PresidentMindanaoFerdinandR.Marcos,Jr.urged the Bangsamoro Transition Authority (BTA) to prioritize the passage of legislation on tax and the conduct of the election in the region.

PBBM tells BTA: prioritize tax legislation, ’25 elections

National government support

A16 Friday, September 16, 2022

F underemployment as well as high commodity prices persist, these will likely worsen the country’s poverty situation, according to the Na tional Economic and Develop ment Authority (Neda).

‘8-PT AGENDA TO BLUNT IMPACT OF HIGH PRICES’

HE noted that the said legislation will augment the existing initia tives of the national government to empower BARMM.

As your President, I assure you, the BTA and all the Bangsamoro people, of this administration’s full and unwavering commitment to the peace process and to BARMM,” Marcos said.

By Samuel P. Medenilla @sam_medenilla

The current situation in relation to food prices is that those high prices are likely to impact our poverty situation especially if they linger,” Bali sacan said. “Our 8-point socio economic development agenda focuses on addressing not only the medium term but also in the near-term the issues that are relating to the high cost of es

BTA Chief Minister Ahod B. Ebra him said they are targeting to pass the BARMM Electoral Code as well as the BARMM Local Government Code before the end of the year or early 2023.

sentials, particularly food and transport.”Balisacan said the eco nomic team also hopes to use the 8-point socioeconomic agenda as a framework to ad dress trade policy issues that contribute to the spike in com modity prices.

T he country’s Chief Econo mist noted that the problems faced by consumers when it comes to the prices of commodi ties “go far beyond productivity and agriculture” and that trade policy also had a hand in it.

“ I maintained the view that there are unnecessary restric tions in importation, when there is clear necessity to im port when there’s a wide gap between what we can locally produce and what our popula tion needs at prices within their means,” Balisacan said.

The Keepers said its 50-percent interest in the company is “a strategic long-term investment” that will enhance the competitive position of the group and strengthen its hold and secure the company’s supply line of its flagship brand Alfonso brandy.

For the first half of the year, Keepers sales rose 27 percent to P5.5 billion from last year’s P4.3 billion.

a host of other brands for 275 million euros or about P13.8 billion at the time of the acquisition.

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This is part of ACEN’s goal of raising over A$600 million to support the development of its projects in Australia.“Weare committed to growing ACEN’s renewables platform backed by our vision to reach 20 gigawatts (GW) of renewables by 2030,” ACEN International COO

The purchase includes the iconic brands of Fundador Pedro Domecq, the top selling premium imported brandy; Terry Centenario, Spain’s top selling brandy; Tres Cepas, Equatorial Guinea’s top brandy; and harveys, United Kingdom’s leading sherry wine.

The Keepers holdings Inc., the imported liquor distribution led by businessman Lucio Co, has acquired a 50-percent stake in Bodegas Williams and humbert SA, the Spanish company that makes Alfonso brandy for 88.75 million euros (about P5 billion).

The company reported in April that its income last year reached a record high of P1.58 billion, up by 34 percent from the previous year’s P1.18

to benefit from strong wholesale electricity prices during the quarter.

PHL set to receive grant for nickel ore processing–DTI

Last month, ACEN signed a similar loan facility with DBS in the amount of A$100 million. DBS is the sole arranger and sustainability advisor for the green long-term revolving loan facility.

The company distributes its products in Spain and in 50 countries worldwide. Alfonso brandy is the Keepers biggest brand and became the top imported brandy in the Philippines for more than two decades.

in the future net income of Bodegas Williams and humbert,” it said. The said acquisition is based on the independent valuation undertaken by PricewaterhouseCoopers (PwC). The company said it will pay the amount upon signing the share purchase agreement and completing other legal and closing requirements.

Bodegassaid.Williams and humbert is the second Spanish company that produces a popular brandy that has been acquired by a Filipino firm.

Thebillion.Keepers said its revenues for 2021 grew by 35 percent year-onyear to P11.03 billion. The company said it saw a 32-percent growth in volume of cases sold totaling more than 4.46 million cases sold in 2021.

In 2015, Andrew Tan’s Emperador Inc. bought the brandy and sherry business of Beam Suntory in Spain that included Fundador brandy and

Also, MUFG and ACEN Australia entered into an Accession Letter to include MUFG as a lender under the common provisions agreement signed last August 18 with ACEN Australia and DBS Bank Ltd., Australia Branch and the company as guarantor to ACEN Australia.

In the first quarter, ACEN booked a 68-percent decline in net income to P405 million because of higher purchased power from the spot market, extended plant outages, and natural disasters.Forthe second quarter, the company realized fresh contribution from new Philippine and international plants, as well as the easing of curtailment issues in the Visayas.

The Keepers acquires half of Spanish brandy maker

BusinessMirrorEditor: Jennifer A. Ng Companies B1Friday, September 16, 2022

Bodegas Williams and humbert is a family-owned winery in Jerez de la Frontera, Spain, founded 140 years ago. The company produces a wide variety of wine and spirits and is

By volume, some three quarters of its 2,105 cases sold during the period were from its brandy products.

“It will also transform the company’s business model from a pure trading to a manufacturing and distribution one and provide an opening into markets outside the Philippines. The equity investment will also be bottom line accretive from its share

By VG Cabuag @villygc

Also, improvements in plant availability allowed ACEN some excess capacity, thus enabling the company

KIC to buy stake in PGEC

The DTI said the firm supplies the United States military and critical industries including hyper scale data centers, renewable energy projects, and long-haul trucking companies. however, it did not identify the US firm.

Aside from the grant on processing nickel ore, the Trade department noted that the Philippines is set to receive a grant for a feasibility study on the country’s first off-shore wind farm. Andrea E. San Juan

The listed energy platform of the Ayala Group returned to profitability in the second quarter, when its income rose by 25 percent year-onyear to P1.8 billion.

Trade Secretary Alfredo E. Pascual said that while the Philippines is a top

ACEN Australian unit inks loan deal

the first quarter. Driving the rise in generation were the international plants, which produced 1,268 GWh in the first half, up 48 percent yearon-year.Output from renewable energy plants reached 1,692 GWh, registering a 52 percent growth from the same period in 2021. Lenie Lectura

The strong growth in sales is attributable to the robust sales performance from all categories particularly the recovering demand and consumption from the on-premise channel as well as the gradually increasing demand from the travel retail market resulting from the easing community restrictions, the company

In a conference call with United States Commerce Secretary Gina Raimondo ahead of the Indo-Pacific Economic Framework for Prosperity (IPEF) Ministerial Meeting held last September 2, Pascual pitched investments that would increase the country’s participation in value chains of high-value critical products.

“This was driven principally by the continued robust performance of Alfonso, the leading imported brandy in the market, which has already surpassed its pre-pandemic levels despite some challenges brought by the continuing impact of the Covid-19 lockdowns experienced during the year,” the company said.

Attributable output in the first half of 2022 grew 11 percent to 2,482 gigawatt hours (GWh), driven by increased operating capacity from the company’s wind farms in Vietnam and solar plants in India, which offset the impact of thermal outages in

Last month, ACEN reported that its net income in the first half fell by 19 percent year-on-year to P2.2 billion. Despite this, the company said it is optimistic about its prospects for the year after its income rebounded in the second quarter.

Th E Philippines is about to receive a grant involving the processing of nickel ore through a partnership with an American firm that owns patents in the manufacture of batteries, according to the Department of Trade and Industry (DTI).

supplier of nickel ore, he said Manila is now keen on value addition for its mineral resources.

fectively reduce PERC’s interest in PGEC from 90 percent to 67.5 percent.Theboard approval was secured during a meeting held SeptemberIncidentally,15. EEI Power Corp. said the transaction will effectively reduce its stake in PGEC to 7.5 “EEIpercent.PowerCorporation, a wholly-owned subsidiary of EEI Corporation, entered into a Shareholders’ Agreement with KIC, wherein KIC will acquire a 25 percent interest in PGEC. Upon completion of the conditions precedent for the transaction, EEI Power’s interest in PGEC will be reduced from 10 percent to 7.5 percent,” it said separately. Lenie Lectura

The company currently has 18 GW of pipeline across the region, which will help achieve its 2030 goals.

The agency noted that the Philippines can be “a vital partner” for critical minerals not only as exporters of ore minerals but as processors and producers of semi-finished and finished products.

y U DEN International Corp. (KIC), a whollyowned subsidiary of Japan’s Kyushu Electric Power Co. Inc., is taking in a 25-percent interest in PetroGreen Energy Corp. (PGEC), the renewable energy (RE) arm of yu chengco-led PetroEnergy Resources Corp. (PERC).Inadisclosure Thursday, PERC said the board approved the signing of a Share Subscription Agreement and Shareholders’ Agreement with KIC. The deal involves the issuance of primary shares by PGEC in favor of KIC. The shares are equivalent to a 25-percent equity stake in PGEC upon completion of the conditions precedent for the transaction. This will ef-

CEN Corp. subsidiary ACEN Australia and MUFG Bank Ltd. executed a facility agreement for a A$140-million green longtermTheloan.loan facility was finalized on September 15.

The Trade chief thanked Raimondo for facilitating recent US Trade and Development Agency grants, which he said can be “replicated and expanded” through the IPEF.

Patrice Clausse said.

the leading producer of light brandy.

he Office of the City Prosecutor of Parañaque City has dismissed the falsification of public document case filed by h a jime Tokuda in behalf of Tiger Resorts Leisure and e nt ertainment Inc. (TRL e I ) against Japanese gaming tycoon Kazuo Okada and his group for lack of evidence.Initsresolution dated September 8 signed by senior assistant prosecutor Rhenie S. Reñido, it found that Kazuo, along with Dindo e s peleta, Maximo Modesto, Josel C. Flores, Tetsuya Yokota and h i roshi Kawamura, did not falsify a secretary’s certificate since the new board created its own

By VG Cabuag @villygc

consumer

“That’s where we can come in and help,” he said of their commitment during the recent conclave of MSMes organized by advocacy organization GOThisNegosyo.isabig help for the community of micro to medium enterprises that comprise over 99 percent of registered businesses nationwide and accounts for the majority of the local jobs at 63 percent.

come and revenue streams for them.”

inflation

NLIN e quick commerce platform Foodpanda has pledged to continue supporting micro, small and medium enterprises (MSMes) which serve as the backbone of the Philippine economy.Sincedigital technologies are here to stay amid the ensuing health crisis, businesses across industries, especially MSMes, should know how to adapt them so as to survive, according to Foodpanda Philippines Managing Director Daniel Marogy.

“Philippine inflation basket is more sensitive to food and energy commodities such as oil, coal, rice. While commodity price trends have softened as of late due to slowing global growth concerns, we think domestic factors such as tight food supply are set to become the primary drivers of inflation going forward,” Abigail Chiw, BDO Securities head of research, “Investorssaid.can explore stocks that offer products and services with enduring demand and cost passthrough structure as these are better positioned to manage inflation headwinds.”Costpass-through happens when a business changes the price of the products or services it sells as a result of change in the cost of producing it by passing it to its customers.

nomic backdrop, we suggest investors to consider quality names in consumer, banks, property, and conglomerates, or sectors which we expect to still benefit from positive reopening dynamics and offer healthy earnings growth at reasonable valuations. Several of these names are also trading at deep discounts (i.e. below book value) and are good value recovery plays, in our view,” she said.

h o ng Kong-based Tiger Resort Asia Ltd. (TRAL) earlier this week filed a criminal complaint against the group of Japanese casino mogul Kazuo Okada for their takeover of the management of Okada Manila, which the company said caused “irreparable damages.”

BusinessMirror www.businessmirror.com.phFriday, September 16, 2022B2 Companies NAV O Ne Ye Ar Three Ye Ar FiV e Ye Ar Y-T-D per shAre re TurN re TurN sTO ck FuNDs    ALFM GrOw Th FuND iNc. -A 209.37  -5.98%  -6.8%  -5.72%  -10.18%     ATr AM ALphA Opp O r TuNiTY FuND iNc. A 1.3909  -10.6%  -3.74%  -3.33%  -16.42%     ATr AM phiLippiNe equiTY Opp O r TuNiTY FuND iNc. A 2.9227  -4.23%  -10.03%  -7.92%  -9.73%  cLiMbs shAre cApiTAL equiTY iNV es TMeNT FuND cO rp. -A 0.703  -4.78%  -10.13%  -6.92%  -7.07%     Firs T Me TrO cONsuMer FuND iNc -A ,4 0.6815  -12.26%  -7.46%  N A -11.6%     Firs T Me TrO sAV e AND Le ArN equiTY FuND iNc. -A 4.6901  -5.95%  -4.89%  -3.82%  -9.5%     Firs T Me TrO sAV e AND Le ArN phiLippiNe iNDex FuND iNc. -A ,3 0.7065  -5.05%  N A N A    M-9.8% bG equiTY iNV es TMeNT FuND iNc. -A 76.93  -21.75%  -13.16%  N A -18.53%  pAMi equiTY iNDex FuND iNc. A 43.4163  -4.67%  -6.03%  -4.24%  -9.79%  phiLAM sTr ATeG ic GrOw Th FuND iNc. A 447.02  -6.65%  -6.36%  -4.63%  -10.72%  phiLequiTY DiV DeND YieLD FuND iNc. -A 1.2164  -0.36%  -2.64%  -2.01%  -10.31%  phiLequiTY FuND iNc. -A 33.1091  -4.79%  -5.09%  -3.2%  -9.53%  phiLequiTY M sci phiLippiNe iNDex FuND iNc. A 0.8537  -4.16%  -6.25%  N A -9.32%  phiLequiTY pse iNDex FuND iNc. -A 4.5017  -3.81%  -5.39%  -3.53%  -9.25%  phiLippiNe sTO ck iNDex FuND cO rp. -A 750.85  -4.03%  -5.42%  -3.65%  -9.37%  sOLD VO sTr ATeG ic GrOw Th FuND iNc. -A 0.6747  -4.76%  -9.73%  -6.25%  -10.35%  suN LiFe prOsperiTY phiLippiNe equiTY FuND iNc. -A 3.3801  -6.27%  -7.78%  -5.1%  -10.47%  suN LiFe prOsperiTY phiLippiNe sTO ck iNDex FuND iNc. -A 0.8546  -4.32%  -5.72%  3.9%  -9.52% uNTeD FuND iNc. -A 3.1248  -4.93%  -5.61%  -3.16%  -9.09%  priMAriLY iNV es TeD N pes O securiTies (uN T s) phiLequiTY ALphA O Ne FuND iNc. -A 1.0312  -6.12%  N A N A -11.31%  phiLippiNe sTO ck iNDex FuND cO rp. -A 913.05  N A N A N A N A e xchANG e Tr ADeD FuND (shAres)    Firs T Me TrO phiL equiTY e xchANG e Tr ADeD FuND iNc. -A ,c 101.2139  -3.68%  -5.25%  -3.3%  p-9.21% riMAriLY iNV es TeD N FO reiGN curreNc Y securiTies (shAres)    ATr A M AsiApLus equiTY FuND iNc. -b $0.864  -28.29%  -3.59%  -3.89%  -23.3%  suN LiFe prOsperiTY wO rLD VOYAG er FuND iNc. -A $1.4641  -20.23%  4.22%  4.07%  -20.71%  bALANceD FuNDs priMAriLY iNV es TeD N pes O securiTies (shAres)    ATr AM DYNAMic ALLO c AT ON FuND iNc. -A 1.5226  -9.52%  -2.91%  -3.43%  -10.01%     ATr AM phiLippiNe bALANceD FuND iNc. -A 2.1045  -5.12%  -2.95%  -2.64%  -7.76%     Firs T Me TrO sAV e AND Le ArN bALANceD FuND iNc. -A 2.5265  -3.94%  -1.72%  -1.25%  -6.11%     Firs T Me TrO sAV e AND Le ArN F.O.c c u s DYNAMic FuND iNc. A 0.1948  0%  N A N A    N-6.79% cMMuTuAL FuND OF The phiL s., iNc. A 1.9005  -3.22%  -1.08%  -0.3%  -5.76%  pAMi hO rizON FuND iNc. -A 3.4562  -6.37%  -3.18%  -2.03%  -8.2%  phiLAM FuND iNc. -A 14.9892  -9.3%  -4.18%  -2.73%  -11.02%  sOLiDAriTA s FuND iNc. A 1.9899  -3.45%  -2.61%  -1.86%  -6.2%  suN LiFe OF cANADA prOsperiTY bALANceD FuND iNc. A 3.354  -6.06%  -4.85%  -2.86%  -8.04%  suN LiFe prOsperiTY DYNAMic FuND iNc. -A 0.8786  -2.44%  -3.84%  -2.36%  -7.92%  priMAriLY iNV es TeD iN pes O securiT es (uNiT s) suN LiFe prOsperiTY Achie V er FuND 2028, iNc. A 0.9159  -7.29%  -3.55%  N A -7.47%  suN LiFe prOsperiTY Achie V er FuND 2038, iNc. A 0.8414  -7.27%  -5.92%  N A -10.92%  suN LiFe prOsperiTY Achie V er FuND 2048, iNc. -A 0.8299  -7.26%  -6.29%  N A -11.14%  priMAriLY iNV es TeD iN FO reiGN curreNc Y securiTies (shAres) cO cOLiFe D OLLAr FuND buiLDer, iNc. A $0.03348  -12.95%  -4.38%  -1.52%  -11.76%  pAMi AsiA bALANceD FuND iNc. -b $0.8929  -19.02%  -3.3%  -2.64%  -16.32%  suN LiFe prOsperiTY D OLLAr ADVANTAG e FuND iNc. -A $3.938  -18.05%  1.57%  2.27%  -17.99%  suN LiFe prOsperiTY D OLLAr weLL spriNG FuND iNc. A ,2 $1.0054 -16.78%  -2.05%  -0.53%  -16.12%  bOND FuNDs priMAriLY iNV es TeD iN pes O securiTies (shAres)    ALFM pes O bOND FuND iNc. -A 375.58  0.65%  2.03%  2.27%  0.34%     ATr AM cO rp O r ATe bOND FuND iNc. A 1.8945  -1.81%  -0.35%  -0.05%  0.52%  cO cOLiFe FixeD iNcOMe FuND iNc. -A 3.2329  -0.23%  1.63%  3.08%  -0.34%  ekk LesiA MuTuAL FuND iNc. -A 2.1763  -3.85%  -0.31%  0.57%  -3.34%     Firs T Me TrO sAV e AND Le ArN FixeD iNcO Me FuND iNc. A 2.3981  -1.77%  0.96%  1.57%  -1.15%  phiLAM bOND FuND iNc. -A 4.1828  -6.61%  -0.86%  0.4%  -4.84%  phiLAM M ANAG eD iNcOMe FuND iNc. -A 1.3187  -0.04%  2.17%  2.72%  -0.03%  phiLequiTY pes O bOND FuND iNc. -A 3.8961  -2.13%  1.38%  2.25%  -1.76%  sOLD iVO bOND FuND iNc. -A 1.0126  -2.56%  2.26%  1.67%  -1.52%  suN LiFe OF cANADA prOsperiTY bOND FuND iNc. A 3.1381  -2.59%  1.42%  2.59%  -1.55%  suN LiFe prOsperiTY Gs FuND iNc. -A 1.6941  -3.29%  0.59%  1.88%  -2.11%  priMAriLY NV es TeD iN FO reiGN curreNc Y securiTies (shAres)    ALFM D OLLAr bOND FuND iNc. A $481.84  -1.37%  1.22%  1.62%  -1.58%     ALFM eurO bOND FuND iNc. -A Є210.33  -4.71%  -1.53%  -0.18%  -4.4%     ATr AM TOTAL re TurN D OLLAr bOND FuND iNc. -b $1.0759  -11.08%  -3.48%  -1.04%  -10.63%     Firs T Me TrO sAV e AND Le ArN D OLLAr bOND FuND iNc. -A $0.0244 -6.87%  -1.97%  -0.56%  -6.15%  pAMi G LO bAL bOND FuND iNc -b $0.9015  -14.34%  -6.36%  -3.61%  -11.86%  phiLAM D OLLAr bOND FuND iNc. A $2.2122  -12.72%  -2.9%  -0.34%  -11.71%  phiLequiTY D OLLAr iNcOMe FuND iNc. -A $0.0605323  -4.03%  0.26%  1.06%  -2.83%  suN LiFe prOsperiTY D OLLAr AbuNDANce FuND iNc. -A $2.7433 -14.39%  -4.64%  -1.99%  -14.17%  MONe Y M Arke T FuNDs priMAriLY NV es TeD iN pes O securiTies (shAres)    ALFM MONe Y M Arke T FuND iNc. -A 132.67  1.52%  2.14%  2.53%  1.13%     Firs T Me TrO sAV e AND Le ArN MONe Y M Arke T FuND iNc. -A 1.0667  1.11%  1.45%  N A 0.85% suNLiFe prOsperiTY pes O sTAr Ter FuND iNc. -A ,1 1.3308  1.62%  2.01%  2.45%  1.16%  priMAriLY NV es TeD iN FO reiGN curreNc Y securiTies (shAres) suN LiFe prOsperiT Y D OLLAr sTAr Ter FuND iNc. A $1.0662  0.72%  1.09%  N A 0.53%  FeeDer FuNDs priMAriLY NV es TeD iN pes O securiTies (uNiT s)    ALFM G LO bAL MuLTi-Asse T iNcOMe FuND iNc. -A 45.2522  N A N A N A N A suN LiFe prOsperiTY wO rLD equiTY iNDex FeeDer FuND iNc. -A 1.2772  -4.31%  N A N A p-7.64% riMAriLY NV es TeD iN FO reiGN curreNc Y securiTies (uNiT s)    ALFM G LO bAL MuLTi-Asse T iNcOMe FuND iNc. -A $0.816  -17.58%  N A N A -15.88%                                                            s s OF Ous b NG DAY.    b - NAVps s OF O b NG DAYs AGO     c Lis D pse D Asse ue per uN (NAVpu). 1 reNAMiNG wA s ApprOVeD bY The sec LA sT JuLY 8, 2021 FOr MerLY suN LiFe prOsperiTY MONe Y M Arke T FuND iNc.). 2 ADJus TeD Due TO sTO ck DiViDeND issuANce LA sT NOVeMber 25, 2021. "While we endeavor to keep the information accurate, the Philippine Investment Funds Association (PIFA) and its members make no warranties as to the correctness of the newspaper’s publication and assume no liability or responsibility for any error or omissions. You may visit http://www. pifa.com.ph latest NAVPS/NAVPU." M u T u A L F u N D s september 15, 2022

Amid concerns, Broker Securities said investors should consider stocks that can weather headwinds, such as elevated prices.

“Wherefore, the premises considered, it is most respectfully recommended that instant cases be dismissed for insufficiency of evidence.”Previously, a string of cases filed by Tokuda against the gaming mogul and his group were also dismissed by the local courts. These include the estafa case that was dismissed by the Court of Appeals for lack of merit on July

Thedocument.saidsecretary’s certificate, along with the Supreme Court’s status quo ante order (SQAO) was used by the Kazuo group to install themselves as the new board of TRL e I in late May as they took over the management and operations of the $3.3-billion Okada Manila in e n tertainment City.

Foodpanda commits to help MSMEs grow

“At Foodpanda, a huge chunk of our vendors and merchants includes up-and-coming, high-potential small restaurants, local mom-and-pop stores, and home-based online businesses and our goal is to beef up our partnerships with them and turn that potential into reality,” Marogy noted. “Through the use of online channels, we are creating added in-

Parañaque prosecutor junks falsification rap against Kazuo Okada

“Given the uncertain macroeco-

BDO Securities said that while elevated inflation remains the key risk for equities and earnings growth as it erodes consumers’ disposable incomes, investor risk appetite and overall business sentiment, investors can look at stocks with strong balance sheets and resilient business models.

TRAL, a wholly owned subsidiary of Japan-listed holding company Universal e n tertainment Corp., owns 99.9 percent of TRL e I , the operator of Okada Manila.TheTRL e I group earlier this month, however, has re-taken the management control of the casino after its security group and some members of Philippine National Police barged into the facility that resulted into another scuffle between the two opposing camps.

“The Philippines remains vulnerable to inflation risks given its status as a food and energy importer.”

“This office will neither rule on the parties’ respective claim of legitimacy of its own board nor interpret the SQAO,” it said. “ h a ving ruled that the respondents did not falsify the subject Secretary’s Certificate, the charges for the use of Falsified Documents and/or Other Deceits must also be dismissed without further elaboration and explanation.

The Kazuo Group in late May took over the management of Okada Manila and booted out the entire board of directors of TRL e I , the local company that operates the integrated resort and casino. As a result, a slew of cases were filed against the Kazuo Group with the local and h o ng Kong courts to prevent them from further operating the casino.

“By joining a digital platform like Foodpanda, entrepreneurs with little capital will have an affordable yet competitive alternative to start their business because they can think less about the cost of rent, utility expenses, and other traditional businessMarogyexpenses.”said stores and restaurants that want to scale up can have both a physical presence and an online footprint through Foodpanda’s platform.Asaplatform, he stressed their pivotal role in bringing together many local restaurants, consumers and their delivery partners in the country and connect them to each other.echoing the call of several leaders of digital platform services for MSMes to move to digital channels, Marogy said that they have to be present virtually where their consumers are right

O

Through its legal counsel Guantao and Chao Solicitors and Notaries, TRAL filed a criminal complaint against the mogul before the h o ng Kong Police Wan Chai Division for committing fraud and violence during their takeover of the facility.

VG Cabuag

“Thesenow.small local businesses can leverage existing digital platforms like us to build an online presence. As an essential quick commerce platform and digital enabler for vendors nationwide, we are here to help your business scale so that together, we can all prosper and succeed.” Roderick L. Abad

For the consumer sector, Chiw said investors can look at Puregold Price Club Inc., Robinsons Retail holdings Inc. and D and L Industries Inc., while Bank of the Philippine Islands, Metropolitan Bank and Trust Co. and Security Bank Corp. are decent picks for the financial sector.

“Our opponents can continue to come up with trumped up charges like this against us but we will also continue to uphold our right to defend ourselves because the truth is on our side,” Kazuo said in a statement.

BDO Securities said it expects inflation to settle at 5.3 percent for this year assuming inflation will peak this quarter.

BdO

Inflation slowed to 6.3 percent in August from 6.4 percent in July due to easing oil prices and slower increases in food prices. Inflation now averaged 4.9 percent year-to-date.

Investors told: Bet on firms with strong balance sheets

T

6 and the falsification of documents case was dismissed City Prosecutor’s Office of Makati on July 29 for lack of probable cause.

proofing your association may not be possible but it can be future-ready. At best, the avocado leader has to provide two essential elements: clarity of goals and direction to the team and the organization, and empathy for the staff working in a “new normal” workplace.

are allowed the temporary lifting of their accreditation and release of their shipments subject to strict monitoring by BOC as provided under pertinent customs laws, the agency said.

So how well do you rate yourself on these future-ready leadership skills? Are you able to deal with people who are still in crisis? Can you lead your team through recovery? And do you have what it takes to be proactive and push for growth?

Driving this growth is GCash’s rising user and merchant base.

The chief of police requested POGO operators to surrender their permit to carry firearms to the PNP and furnish them with updated information on the foreign workers’ employment permits.

GCASH operator G-Xchange Inc. announced the electronic payment platform has breached the P3-trillion mark in gross transaction value (GTV) in the first half of the year, almost matching its full-year GTV for 2021 of P3.8 trillion.

The BSP attributed the increase in PESONet transactions to state-run pension fund disbursements facilitated by the Development Bank of the Philippines (DBP), which began

Interior and Local Government Secretary Benjamin “Benhur” C. Abalos also cited the importance of inter-agency cooperation and regular updating the list of legitimate foreign POGO workers in the country to avoid problems related to human trafficking.

3. Growth. To achieve growth, the avocado leader has to consider three transformational realities: (1) the vision on where the organization is heading after a thorough assessment of the environment around it; (2) digitalization as an imperative no matter how and what the scale the organization is adopting to it; and (3) team structure and work setup such as who does the job, where work is done, and when the work should be completed.

Following due process, the BOC allows suspended importers and brokers to prove their non-culpability through a hearing in a proper forum and, if proven innocent, their accreditation will be restored.

The BSP said that the rise in InstaPay transactions is mainly attributed to the wide use of internet banking and e-money transactions for domestic remittances, e-commerce, bills payment and other immediate low-value payments.

CONVERGE ICT Solutions Inc. said last Thursday it has signed a memorandum of understanding with Union Bank of the Philippines as part of an industrywide effort to clamp down on online fraud and financial cybercrimes.

The Ayala-backed fintech is the lone double unicorn in the Philippines with a value of over $2 billion.

“Just like any other channel, even in the physical world, whenever there is money there, criminals will follow,”

The(BOC).revenues were raised through the disposal of 893 overstaying containers. The BOC said this involved 318 containers, condemnation of 519 containers and donation of 56 containers to various government agencies.

BOC raises ₧237.38M from sale of containers

MID reports of the rise in kidnapping incidents related to illegal offshore gaming operations in the country, the Philippine Amusement and Gaming Corp. (Pagcor) has ramped up cooperation with its partner government and law enforcement agencies.

The “Elsa” initiative is one of the measures implemented at the Port to free up the terminal yards of empty containers for loadout and repositioning in other countries and to maintain a healthy yard utilization rate.

MEANWHILE, the shipping line charges and warehouse charges are beyond the jurisdiction of BOC as it is a private contract between the owner of the shipping lines or warehouse and the user, the agency explained. However, the BOC said its personnel coordinated with key staff of the concerned shipping lines, the AISL and container yard depots to assist the stakeholders in theirLastly,concerns.toensure the integrity of the transfer of containers and prevent diversion, the Electronic Tracking of Container Cargo (e-Tracc) remains operational.Thesystem enables the real-time monitoring of inland movements of containerized goods using an Information and Communications Technologyenabled system such as a GPS-enabled tracking device to secure its transport to the intended destination.

Pagcor Chairman and CEO Alejandro H. Tengco said the interagency collaboration follows the instruction of President Ferdinand R. Marcos Jr. to address the recent Philippine Offshore Gaming Operations (POGO)-related kidnapping cases and other illegal activities.

The agreement was announced at the inauguration of the UnionBank Innovation Campus in San Pedro, Laguna, wherein Converge and other telecommunication companies (telcos) joined an industry alliance against online criminals operating within the banking and financial systems.Thedigital infrastructure group of the Private Sector Advisory Council (PSAC) initiated the joint efforts

In an interagency meeting last Tuesday, the Pagcor, the Department of Interior and Local Government (DILG), the Department of Justice (DOJ), the Philippine National Police (PNP) and the National Bureau of Investigation (NBI) committed to help safeguard the welfare and safety, not only of Filipinos, but also of foreign nationals working in the country.

Of these figures, the BOC said the Port of Manila (POM) disposed of 262 containers, 87 of which were auctioned while 175 were condemned.

of the telcos to uphold their commitment to consumer protection amid growing fraud concerns. This marks the first course of action of the PSAC Digital Infrastructure sector, shortly after it was formed lastThemonth.banking and finance industry is one of the top vulnerable sectors to online fraud. In the Converge network alone, over 4.1 million unique web addresses related to illicit content have been blocked since the start of theConvergeyear. Chief Network Transformation Officer Paulo Martin G. Santos said the company recognizes its role in creating a more secure digital ecosystem for both residential and commercial customers.

Rufo added. “[These cybercriminals] saw that opportunity to take advantage of Filipinos who are digital migrants, first time to use digital services and are not really familiar with the concept of phishing, scams, text,Thespam.”MOU formalized the longstanding partnership between Converge and UnionBank, which have already been collaborating to block content and URLs of fraudulent activity since the start of the Convergeyear. and UnionBank, along with the Bankers Association of the Philippines, and the other telcos are partnering together to create a framework to share information in order to combat financial cybercrime.

up by 24 percent from the same period in PESONet2021. and InstaPay are automated clearing houses launched under the BSP’s National Retail Payment System (NRPS), which promotes a safe, efficient, affordable, inclusive and reliable retail payment system.

“But first, there should be respect for our law. Some of the worst cases that were reported involved people being kidnapped and then murdered; while some are reportedly engaged in human trafficking and slavery. Right now, they’re fighting each other,” Aruzin said. “Are we still going to wait before they start harming our fellow Filipinos? We don’t want that to happen.”

Under the “Elsa,” vessels docked at the Manila South Harbor will load empty containers already in the terminal yard regardless of which shipping line owned such containers.

A N avocado is a fruit with a hard inner core and a soft layer around it. Thus, an “avocado leader” can refer to one with innate business skills and a humane approach to managing people.Inthe webinar, “Are You a Futureready Leader?” by Australia-based futurist Gihan Perera, I learned the essential traits of an “avocado leader.”

1. Crisis. A crisis doesn’t necessarily create leaders; it amplifies them. During this time of disruption and great uncertainty, leaders need to step up. Future-

BusinessMirror Editor: Dennis D. Estopace • Friday, September 16, 2022 B3www.news.businessmirror@gmail.com

Banking&Finance

“The information we received is that these alarming incidents of kidnapping came from the ranks of illegal operators,” said Tengco. “While it will be a challenge to all participating agencies, the good thing is that we are receiving information as to where these illegal operations are located. With the help of everybody, we will be able to zero-in immediately.”

The Pagcor chief added that licensed POGO operators have also shown their commitment to help address the problem by “policing their own ranks.”

The avocado leader: From crisis to growth

By Lorenz S. Marasigan @lorenzmarasigan

seen a spike in financial fraud which makes banking the second highest industry affected by cybercrime. We now average over 4.1 million requests to block fraudulent URLs in our network,” Santos said. “This makes our partnership today urgent and timely. We commend Unionbank for spearheading this initiative as we help prevent more Filipinos from being victimized by onlineJosefraud.”Paulo G. Rufo, chief information security officer and data protection officer of UnionBank said that the pandemic “kickstarted the growth of our digital channels, particularly at Unionbank.”

By Bianca Cuaresma @BcuaresmaBM

PESONet enables high-value transactions and may be considered as an electronic alternative to the paper-based check system. InstaPay is a real-time, low value electronic fund transfer facility for transactions up to P50,000 and is most useful for remittances and e-commerce.Brokendown, the value of PESONet transactions grew to more than P3.46 trillion in the first seven months of 2022, up by 47 percent from the same period in 2021. The volume of PESONet transactions, on the other hand, rose to 48 million transactions, up by 22 percent from the same period last year.

organization (i.e., board, management, staff, members, and volunteers).

To date, GCash has a user base of 66 million, which roughly translates to four out of five Filipino adults. GCash also has about 5.2 million social sellers and merchants under its belt, making it “largest digital ecosystem in the Philippines.”“Itjustgoes to show that the Filipinos’ shift to a more digital lifestyle is not limited to those during lockdowns. We continue to see the adoption increasing, and even the everyday use and use case diversity are growing. I think the adoption is here to stay and we’re not seeing it plateauing in the near future,” Sazon said.

If the kidnapping of foreign workers in the country is not abated, the Pagcor CEO warned that the consequences may affect even legitimate POGO operators.

The disbursements were done twice a month with an average disbursement volume of 1.5 million transactions valued at P 6.8 billion from for the period covering January to July 2022.

BSP: Transactions via PESONet, InstaPay grew 43% in 7 months

Converge, UnionBank sign deal versus online fraud

By VG Cabuag @villygc

Octavio PeraltaAssociation World

PESONet and InstaPay also recorded more than 348 million transactions in January to July this year,

Under Customs Administrative Order 9-2019 implemented by Customs Memorandum Order 18-2022, empty container yard depots—a type of Customs Facility and Warehouse, or CFW—shall be required to undergo an accreditation process for more effective supervision and control by theMeanwhile,Bureau. the BOC said to ensure that only legitimate importers and brokers transact with the agency, the accreditation of importers and brokers whose shipments were issued Warrants of Seizure and Detention are automatically suspended. Suspended importers and brokers

THE

will come up with an updated list of their employees because some have already resigned. Third, we will require them to submit a police clearance together with their application for an offshore gaming license employment (OGEL) ID,” Tengco said. “At least, those who apply, we already know their record is clean.”

“The President told us to crack down because the image of the country and of this administration is being tarnished by these illegal incidents,” Tengco said, partly in Filipino. He added that an initial step in the interagency undertaking is to identify illegal operators.

This undertaking, according to the agency, was in response to the order by BOC Commissioner Yogi Filemon L. Ruiz to expedite the disposition of all forfeited and abandoned goods through the modes provided under the Customs Modernization and Tariff Act The(CMTA).BOCsaid it formed a task force to work closely with the Association of International Shipping Lines Inc. (AISL) and truckers on issues relative to the return of empty containers both at the terminal yards and at designated empty container yard depots.

The combined value of PESONet and InstaPay transactions hit about P5.37 trillion during the first seven months of 2022, a 43 percent increase from the values recorded during the same period last year.

Octavio Peralta is currently the executive director of the Global Compact Network Philippines and founder and volunteer CEO of the Philippine Council of Associations and Association Executives, the “association of associations.” PCAAE is holding its Associations Summit 10 (AS10) on December 1 and 2, 2022. E-mail: bobby@pcaae.org.

With this development, GCash expects to end the year with P6 trillion in GTV, “six times more than 2020 and almost double last year…barring any unforeseen circumstance.”

Pagcor, 4 agencies huddle vs. POGO-related crimes

“First, they are now going to ask their people to contain themselves in an area for safety and security purposes. Second, they

eryone–including foreign nationals who are working in the country.

The BOC-Port of Manila and the Asian Terminals Inc. (ATI) together with the AISL continuously implement the “Empty Loadout Shipping Agreement,” or “Elsa.”

in September 2020.

The BOC said it “continues to implement measures and work closely with its stakeholders in ensuring that effective trade facilitation programs and practices are in place.”

A statement from the BOC said the agency is currently undertaking “a study on the proposal to automate the monitoring of movement of containers, particularly its return to the concerned shipping lines to further prevent congestion.”

In its “Keeping Us Up at Night” survey released this year, KPMG Int’l Ltd. uncovered key issues as Australia’s business leaders see them. The key challenges identified for 2022 and for 3 to 5 years and beyond are: (1) talent acquisition, retention and re/upskilling to meet a more digitized future; (2) dealing with cyber vulnerability; (3) challenges and benefits of employees working remotely; (4) digital transformation and optimiza-

Below are what I have learned from Gihan’s presentation:

A

GCash GTV breaches ₧3-T mark in 1st half

“Based on available data, we have

“If these kidnapping incidents and other illegal activities persist, it is clear that not only will we cancel the licenses of POGO operators, but the entire industry may be affected by whatever decision will emanate from the national government,” said Tengco. “So let us help each other solve these issues the soonest.”

Shipping, warehouse charges

For InstaPay, the value of transactions grew to around P1.91 trillion in the first seven months of 2022, up by 37 percent from the same period in 2021. The volume of InstaPay transactions, meanwhile, expanded to more than 300 million transactions in the first seven months of the year, a 25 percent increase from the same period last year.

2. Recovery. At this critical juncture, the avocado leader, using available information, inherent skills, better judgment and wisdom, needs to do two things: take action (make plans with backups, prioritize activities and resources, and focus on the work at hand; and build trust among the key stakeholders of the

What does an association executive navigating and working through the three phases of crisis, recovery and growth need to focus on to be futureready? Emulating an “avocado leader,” the association executive has to use both hard (organizational) and soft (people) skills to be able do this.

Meanwhile, PNP Chief Gen. Rodolfo S. Azurin said the PNP is doing its best to ensure the safety and security of ev-

Bangko Sentral ng Pilipinas (BSP) reported on Thursday that the value of transactions via the two main automated clearing houses grew 43 percent in the first seven months of the year.

By Cai U. Ordinario @caiordinario

THE national government raised P237.38 million from the public auction of overstaying containers, according to the Bureau of Customs

“We’ve seen higher user engagement now that things have started to normalize, further proof that GCash has become embedded in the everyday lives of Filipinos,” said GCash President Martha Sazon.

tion and extracting organizational value from it; and, (5) dealing with evolving regulatory processes, reporting changes andWhenimpact.tackling change and disruption, all organizations, including associations, go through three stages: crisis, recovery, and growth. How one copes, performs, and thrives depends on how one responds at each stage.

HEN lost out at sea, or driving aimlessly around without a map, people are supposed to look for the North Star (Polaris), the brightest in the sky, to guide their way home. Similarly, the Gokongwei Group’s newly launched Nustar Resort and Casino promises to be the sparkle in Cebu’s tourism industry, guiding travelers to their new home away from home, and enlivening their hearts, minds and, most importantly, their tummies.

CAPRICORN (Dec. 22-Jan. 19): Question shared expenses and joint ventures. Not everyone will share your standards. A loss will catch you off guard if you let others handle your financial affairs. Don’t overreact, but don’t let anyone take advantage of you. Say no. HHH

Among the desserts we tried, the Pomelo, Grapefruit & Honeycomb Coconut Ice Cream was the finest. It offered complex layers of flavor, from sour and citrusy, to sweet and smoky, with hints of salt. It was indeed a perfect way to end our memorable dinner.Fornow, Mott 32 is open only for dinner, and reservations are now for October, sorry. The good word on the splendid dishes on the menu has spread, such that every discriminating Cebuano has booked his or her table each night of September. Only a handful of eager diners from Metro Manila have luckily made the list.

in spicy pinakurat

n For more information, visit the resort’s web site at www. nustar.ph or e-mail contactus@nustar.ph Cebu Pacific flies 16 times daily from Manila to Cebu, its main hub in the Visayas. From Cebu, it flies to 22 domestic destinations, and has direct flights to Seoul and Singapore.

ACROSS 1 Old washcloth, perhaps 4 Mediterranean fruits 8 Kylo Ren portrayer Driver 12 Words before “glance” or “loss” 13 How the confident solve crosswords 15 Norwegian inlet 16 Art school submission 18 Is furious 19 Hoosier NBA player (In this clue’s answer, note letters 6-9) 21 “Still waters run ___” 22 Crossing sign? 23 IV units 26 ID digits 27 Intimidated someone (letters 3-7) 31 Regular tendency 32 Singer of “Into the Unknown” in Frozen II 33 Daring surfer’s cry 36 Dress up like a Jedi, e.g. 39 Assist in crime 40 Civil rights icon Rosa 41 Sweet bee product (letters 6-10) 45 Pine ___ (batter’s goo) 48 Ryu’s rival in Street Fighter 49 Faucet drip 50 Hiking trail 51 Dressing brand, or a theme hint 55 Often-yellow gem 58 Digital correspondence scheme 59 Diva’s production 60 One of a star-crossed pair 61 Fair ___ (copyright issue) 62 Sauvignon blanc, e.g. 63 Amphibian whose eye is in a “Macbeth” recipe 64 Size below lge. DOWN 1 Frothy river parts 2 Makes amends 3 Word after “beer” or “herb” 4 World Cup org. 5 Not excluded from 6 ___ monster (lizard) 7 Brief passage 8 Like a door when it’s not a door, in a riddle 9 Jackshund or puggle 10 Is, pluralized 11 GPs’ degrees 14 Australian “bear” 15 Just out of the oven 17 For great service, it’s often 20% 20 Edit (out) 23 Spreadsheet box 24 Home: Sp. 25 Remain 27 “Welcome” bearer 28 Homer’s father 29 Clamor 30 Gym rat’s count 31 House Hunters channel 33 Break into, digitally 34 Competent 35 Sign gas 36 Recycled item 37 Iron or iridium resource in Stardew Valley 38 Where planes fly 40 Game with EVs and Eevees 42 Protagonist of The Wild Thornberrys 43 Cherry’s color 44 SNL alum Bill 45 Dusting powder 46 “Relax,” to a sarge 47 Composed rap lyrics, say 50 “Thx” counterpart 51 Tortoise rival 52 Moniker 53 Sight that may be scenic 54 Considerably 55 Stranded motorist’s request 56 Nail polish brand 57 Paper mate? ‘hollow center’ BY OLIVIA MITRA FRAMKE The Universal Crossword/Edited by David Steinberg Solution to today’s puzzle: ❶ restaurant.BellychonCRISPYatFina PHOTO BY STELLA ARNALDO ❷ 32.IHoneycombGrapefruitPOMELO,&CoconutceCreamatMott PHOTO BY STELLA ARNALDO ❸ IL PRIMO’S Chef Luca Angioletti prepares andheirloomofBurrataBlack(cutsdishesrestaurantthesignaturesuchascoldandcheeseIlTangliere),USAngusT-bone,onabedbasilleavesandtomatoes,Tiramisu. PHOTO BY NUSTAR ❹ THE lobby at Nustar Resort and Casino. Located on Kawit Island at the South Road Properties, the sprawling integrated casino promisesresortto elevate and Ptheretailleisure,entertainment,luxuryredefineingaming,dining,andinCebuandentiresouthernhilippines. PHOTO BY NUSTAR ❺ A DELUXE room at the 379room Fili Hotel. PHOTO BY NUSTAR Finding my way at Nustar ❺ ❹ ❸ ❷ ❶

CANCER (June 21-July 22): Pay attention to new information or technical changes that influence how you do things. Your ability to adjust will determine the outcome. Prepare to physically make the changes that will enhance what you have to offer. Keep busy and avoid controversy. HHH

BIRTHDAY BABY: You are imaginative, unique and insightful. You are generous and outspoken.

ARIES (March 21-April 19): Put your energy where it counts and enhance your chance to advance. Your mind will race and excitement will set in if you use your wisdom and experience to get others to commit to your plans. HHHH

Relationships

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.

CELEBRITIES BORN ON THIS DAY: Nick Jonas, 30; Danny Ramirez, 30; Alexis Bledel, 41; Amy Poehler, 51.

Unfortunately, the new pizza oven at Il Primo was still undergoing some testing so we weren’t able to check out their pies. But Chef Luca Angioletti still made sure we were plied with a delectable selection of Italian treats. Well, what can I say? He had us at his burrata. Served with Italian heirloom tomatoes, basil and cold-pressed olive oil, slicing into the burrata gave way to the creamy delight within. I had it with the tomatoes and basil like a salad, and some bits with some crusty bread.

The Fish Maw was soulful, with the fish broth boiled twice, along with bamboo pith and Chinese

Being an Italian steakhouse, we were served a hefty Black Angus T-bone, grilled to perfection, with just salt and pepper, and some sliced potatoes and charred asparagus spears on the side.

B4

My favorite among the many dishes laid out at our table was the Apple Wood Roasted 42 Days Peking Duck “Signature Mott 32 cut,” served with thin pancakes, along with juliennes of cucumber and leeks, and house-made hoisin sauce. The duck meat itself is quite lean, but having been roasted for 48 hours, the thin skin slivers glistened with the delicious aroma and taste of the apple wood.

I also enjoyed the Signature Lobster Ma Po Tofu, although, yes, it is probably the most expensive Ma Po Tofu you can get on these islands. But one can’t beat the flavorful chunks of lobster meat therein, along with the tofu, with the Sichuan peppers providing the right amount of heat.

HoroscopeToday’s

Our first meal after touching down in Cebu was at Fina, where the bellychon skin was crispy, and its meat sweet and lemony. Of course, we chose the pieces with fat for maximum flavor. All we needed was garlic vinegar as a dip, and the bellychon quickly disappeared along with spoonfuls of the hearty Fina Fried Rice. And while commonly served for breakfast, the crispy danggit was ordered as an appetizer and its crispy-salty goodness savored as well, after quick dips

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Of course, the star of Nustar, so to speak, is Mott 32. Not only were the dishes exquisite, but its waitstaff were also top-of-the-line efficient—a testament to the months-long training they received from the Hong Kong outlet. They know the dishes by heart, and can tell diners what exactly are in these.

LEO (July 23-Aug. 22): Call on those you trust to help, then discuss your plans. Listen to suggestions and adjust only what’s necessary to get the best results. A partnership will stabilize your situation and encourage better cash flow. HHHH

The Barbecue Pluma Iberico Pork with Yellow Mountain Honey is also a signature Mott 32 dish. The cut, a feather loin, is one of the most desirable from any pig, providing a perfect balance between meat and fat. (Each pig only has two plumas, thus the rarity.) It is the best char siew I’ve had, with the meat so tender and moist, having been roasted after 48 hours of marinading in a special sauce.

SAGITTARIUS (Nov. 22-Dec. 21): Keep moving forward, regardless of what others do today. Think outside the box, and you’ll devise a plan that surpasses your expectations. Trust your knowledge and ability to get things done, and you’ll find the happiness you desire. Avoid health risks. HHH

HAPPY BIRTHDAY: Chill out, relax and refuse to let others fire you up emotionally. Stand your ground and concentrate on what’s important to you instead of worrying about what others do or think. Use your imagination to figure out how to improve your life. Surround yourself with people who offer positive reinforcement. You will receive help making your life better. Your numbers are 6, 14, 23, 30, 33, 37, 48.

SCORPIO (Oct. 23-Nov. 21): Question information you receive. Refuse to unleash your emotions on others or share a difference of opinion. Give others the benefit of the doubt and go about your business without letting what others say or do impact your progress. HHH

AQUARIUS (Jan. 20-Feb. 18): Pay attention to what unfolds, and you’ll offset a mistake that could cost you emotionally or physically. Sit tight, regardless of the changes others make. Before implementing something different, take time to observe and discover what’s best for you. HHHHH

PISCES (Feb. 19-March 20): Avoid sensitive talks if they will disrupt your plans or start a feud. Pay more attention to how you can make a difference and benefit yourself and others who share your grievances. Personal growth and self-improvement are favored. HH

TAURUS (April 20-May 20): You may thrive on change, but don’t do anything that isn’t necessary. Save your time, energy and cash. Socializing will lead to questions and thoughts about how to proceed. Be a good listener, but don’t commit. HHH

We were privileged to be among a select group of Metro Manila-based media invited by Cebu Pacific to stay at Fili Hotel at Nustar, and partake of an amazing array of different cuisines in three restaurants: Fina for good old Cebuano favorites, Il Primo for lovely Italian dishes and steaks, and the ultra-luxurious Mott 32 for elevated Chinese cuisine. It is the only Philippine branch of the popular Hong Kong restaurant, which takes its name from 32 Mott Street, the location of the first Chinese grocery in New York.

VIRGO (Aug. 23-Sept. 22): Refuse to let anger seep into conversations or affect how you do your job. Focus on making positive changes that will encourage you to do the best job possible. How you bring about change will determine who favors your plans. HH

LIBRA (Sept. 23-Oct. 22): Explore the possibilities and enjoy what life offers. Get involved in events and activities that spark your imagination and generate discipline. Don’t let uncertainty take over when finishing what you start is your goal. HHHHH

By Eugenia Last

Friday, September 16, 2022 • Editor: Gerard S. Ramos www.businessmirror.com.phBusinessMirror

GEMINI (May 21-June 20): Forge ahead with determination. Make your point, and don’t hesitate to branch off on your own if it will get you closer to achieving your goal. Don’t take on the impossible or jeopardize your health. HHH

It needs to be said that Mott 32 is also a bar, and a great number of charming cocktails, along with other poisons of one’s desire, are available for imbibing.

Chef Luca also presented us with a divine Tiramisu, with the mascarpone cheese sitting prettily on two layers of espresso-soaked savoiardi biscuits, and topped with a sliced strawberry and a curl of chocolate. It is best savored with a Il Primo’s excellent brewed coffee.

cabbage. It’s a great source of collagen, said to keep one looking youthful and feeling spry. I can imagine having this when down with the flu; it’s such a comforting broth, like a warm hug that can ease the fever out of one’s body.

The Branzino, or pan-fried sea bass fillet, was also a delicious dish. It was fresh and firm, with a delicate garlic and tomato sauce lifting but not overwhelming the fish.

“It’s such a a pleasure and privilege for me to play this bonkers gift of a role in this wonderful show,” Macfadyen said in accepting the trophy for his role as a scheming member of a media empire family.

“It means something,” Keaton said of the award for playing a caring doctor ensnared with his patients by addiction. He went on to recall the “magic” of being introduced to TV when his dad won a set at a raffle and thanked his parents for not mocking his youthful attempts at Amandaacting.Seyfried earned the limited-series lead actress trophy for T he Dropout, in which she played ill-fated Silicon Valley whiz kid Elizabeth Holmes. She thanked a list of family and colleagues and even her dog,MurrayFinn. Bartlett won the best supporting actor award for The White Lotus, a tragicomedy set in a Hawaii resort. Jennifer Coolidge, who won best supporting actress honors for the show, delighted the audience by shimmying to the music intended to cut off her acceptance speech.

“Why mourn for an oppressor?” was the most virulent statement that came out online. One should ask: When can one not exercise virulence against oppression? If we examine the adverse reactions where we expected sympathy, we begin to see a bracketing taking place—it is not the person being critiqued but the system she represented and helped maintain. Critiquing the death and the splendor and solemnity of the ceremonies after it is not easy. The most common rationale being that respect for the dead is higher in importance than a social commentary on the deceased. In Asia and in our country as well, this is the etiquette observed during deaths and memorials.

On the CBS Sunday Morning Show, she is interviewed by Turner Classic host Ben Mankiewicz, where she says: “You know, she is such a great subject for film and television directors because what they’ve got is a blank slate waving to the public.” That in enduring those long decades and surviving the test of power, Elizabeth had to maintain a composure, almost an enigma, a placid personality upon which no one was allowed to predict a response or reaction, nor much of pain or Outsidejoy. the grieving, online on Democracy Now, there is a headline calling to dismantle the commonwealth as the death of the Queen “prompts reckoning with the colonial past in Africa.”

L

1st time

UK, it was the Queen.

Critical mourning: Death, Queen & the media

❷ seriesactressforacceptsZENDAYAtheEmmyoutstandingleadinadramafor

❺ ❹ ❸ ❷ ❶ ❻

❹ seriesasupportingfortheBARTMURRAYLETTacceptsemmyforoutstandingactorinlimitedanthologyormoviefor The

Ted Lasso costar Brett Goldstein, won comedy supporting actors, while Matthew Macfadyen of Succession and Julia Garner of Ozark earned drama series supporting actor honors.

A season of contradictions indeed. Postpone the political analysis and let us mourn. But that is easy to say to peoples from nations whose development were at the mercy of a great master, a monarch across the ocean.History has made the dynamics between England and certain nations—from the more developed Australia, for example, to a small African state— complex and conflicted. In talk shows, panelists composed of the politically astute and socially oriented note how the United Kingdom may not be united after all. If there was one figure that united the

“Thanks for making such a safe space to make this very difficult show,” said Zendaya, claiming her second best drama actress award for Euphoria, about a group of teens’ tough coming-of-age.

Then there are the three Elizabeths in the Netflix series, The Crown: Claire Foy as the young Elizabeth, Olivia Colman in middle age, and Imelda Staunton in the Queen’s graceful old age.

“My greatest wish for Euphoria was that it could help heal people. Thank you for everyone who has shared your story with me. I carry them with me, and I carry them with” Rue, her character, Zendaya said. Succession, about a media empire run by a grasping and cutthroat family, split drama series honors with Squid Game, the bold South Korean-set drama about the idle rich turning the poor into entertainment fodder.LeeJung-jae of Squid Game, who played the show’s moral center, became the first Asian to win the Emmy for best drama series actor.

At the center of all this is Queen Elizabeth II, who reigned for 70 decades and, as in that film bio, through 15 prime ministers. Whether you are a monarchist or not, Queen Elizabeth, the royal person and the individual, was one of the most influential personalities of the century.

With most of us ordinary, non-roya, people not granted access to the personal spheres of the queen, we can only imagine who she was. The films made about her become our references, for they were many.

country?” The results of the said referendum had the “No” winning 55.3 percent over the “Yes,” which garnered 44.7 percent. In June 2022, Scotland’s first minister proposed that 2023 be set as the date for another referendum for independence.

Ella Taylor, a noted film critic and academic, looks amused at how easy it must be to portray the Queen.

The audience, including Lizzo and many of television’s biggest stars, leapt to their feet to cheer on Ralph.

Most popular of these depictions is the one done by Helen Mirren in 2006. The film is, with great confidence, titled The Queen Peter Bradshaw of The Guardian writes of a “cracking impersonation of the Queen by Helen Mirren who, though appreciably taller and younger than our head of state, achieves an eerie transformation....” It should be noted that the narrative follows the days following the death of Princess Diana, another royal figure whose impact on

There were also cheers for presenter Selma Blair, who has discussed her multiple sclerosis diagnosis publicly and who used a cane on stage.

The White Lotus collected several honors, including best limited or anthology series. The achievements of Squid Game, Abbott Elementary and a few other shows didn’t change the relative lack of diversity in this year’s nominations, which included significantly fewer people of color than in 2021.

Host Kenan Thompson kicked off the Emmys with a tribute to TV, dismissing Tik-Tok as “tiny vertical television,” and a musical number saluting series’ theme songs from Friends to The Brady Bunch to Game of Thrones

But who was Elizabeth?

Editor: Gerard S. Ramos • Friday, September 16, 2022 B5 Show BusinessMirrorwww.businessmirror.com.ph

“I am an endangered species, but I sing no victim song. I am a woman, I am an artist and I know where my voice belongs,” she belted out. She then encouraged anyone doubting their dream “I am here to tell you this is what believing looks like.”

“When I was a little girl, all I wanted to see was me in the media. Someone fat like me, Black like me, beautiful like me,” the music artist said.

Queen Elizabeth a commoner can only assume either with malice or sympathy.

Jason Sudeikis and Jean Smart collected back-toback acting trophies, but several new Emmy winners were minted, with Lizzo and Quinta Brunson and Sheryl Lee Ralph of Abbott Elementary collecting trophies. Brunson, who created and stars in the freshman series, won the Emmy for comedy series writing. ABC’s Abbott Elementary, also nominated for best comedy, is a rare bright spot for network broadcasting in the age of streaming and cable dominance. Sudeikis won his second consecutive trophy for playing the unlikely US coach of a British soccer team in the comedy Ted Lasso, with Smart matching that haul for her role as a veteran comedian in Hacks. Sudeikis gave a rare awards show shoutout to TV consumers: “Thanks to the people who watch this show and dig it as much as we dig making it.”

Emmys; winners shine

the Emmy for best drama series directing. In Korean, Lee thanked the audience in his native country for watching. Backstage, Hwang said this was “a major moment for us,” and Lee said he expected the awards to open doors for other Asian actors.

❶ JASON SUDEIKIS accepts the Emmy Ted Lasso PHOTOS BY AP Euphoria

asupportingforacceptsMACFADYENtheEmmyoutstandingactorindramaseriesfor Succession

“Thank you for making realistic problems we all face come to life so creatively on the screen,” Lee said to Squid Game creator Hwang Dong-hyuk, who earned

The evening’s uplifting tone, as voiced especially by Zendaya, Lizzo and Sheryl Lee Ralph, was in contrast to the darkness that pervaded the storytelling of best drama series winner Succession and even comedy series victor Ted Lasso

❻ MICHAEL KEATON accepts the Emmy actoroutstandingforleadinalimited or anthology series or movie for Dopesick

By Lynn Elber The Associated Press

When Lizzo herself accepted the award for bestcompetition series trophy for Lizzo’s Watch Out for the Big Grrrls, she offered another emotional pep talk.

Ralph stopped the Emmy Awards show by accepting the best supporting actress comedy award for Abbott Elementary with a brief but rousing song of affirmation.

If the box-office gains are to be considered, then this film about Queen Elizabeth was a success. Icing on the cake were the many awards received by the film, including the Golden Globe and New York Film Critics Circle, among others, for Best Screenplay by Peter Morgan, and the Best Actress Awards for Helen Mirren from the Oscars, the BAFTA, the Golden Globe and other award-giving bodies. The film also made it to the Top Ten List of US Critics. Do these recognitions spell an admiration for the Queen or for Dame Helen Mirren as Queen Elizabeth?

‘Succession,’ ‘Ted Lasso’ top

In the many reports about the 2014 referendum, historians were quoted citing the importance of that date: It was in 1314 when the army of Robert the Bruce, the King of Scots, triumphed over King Edward of England in the Battle of Bannockburn. This was called the First War of Scottish Independence, as it did not really end the war yet but proved to the world what resistance could achieve.

The award for best variety talk show went to Last Week Tonight with John Oliver, with stand-up special Jerrod Carmichael: Rothaniel winning for best writing for a comedy special. “Good night, everybody. I’ma go home. I’m not like a sore winner, but I’m going to go home because I can’t top this right now,” an overcome Carmichael told the audience.

Once the music stopped, Thompson provided a mic drop moment—announcing Oprah Winfrey as

Who played the Queen the best?

Glamour was back with some metallic sparkle and lots of bright color as an otherworldly Britt Lower, Old Hollywood Elle Fanning and their fellow stars posed for photographers. n

FOR those who mourned (many profusely) when the news broke that Queen Elizabeth II of England had died, they must have been shocked—and surprised— by the negative criticisms posted against them or directly at the otherwise sad event. While John Donne’s claim that any man’s death should diminish us, this time the world, it appears, has generally shifted its positions.

Online, time, while it has stopped for death, comes in endless supply as the TV and the Internet spend luxurious hours focusing on a long trip meandering across hills and dales as the funeral cortege leaves Balmoral.Acommentator said the Queen, whose favored location (in another broadcast, a royal observer claims the Queen once said she wanted to die in Balmoral) is now the subject of an eternal drone shot, seems to have given a boost to its tourism program. This was uttered, of course, with due respect, the commentator said.More contradictions are realized when the Queen’s cortege winds its way down from Balmoral Castle to Giles Castle in another part of Scotland. A baroness echoes how politics has no space at this moment. People are there to pay tribute to a great woman, a leader, a statesman even. Countering this tendency are more comments about the independent Scotland, that in 2014 a referendum was held asking the question, “Should Scotland be an independent

Garner was among the winners who took advantage of covering all bases by thanking her husband and others in an on-screen message.

the first presenter. Winfrey strutted onto the stage holding an Emmy statuette, declaring the night “a party!” The night’s first award went to Michael Keaton for his role in Dopesick. Winfrey and Keaton hugged before she handed him his trophy.

❸ LEE JUNG-JAE accepts the Emmy for outstanding lead actor in a drama series for Squid Game. White Lotus. MATTHEW

seriesactoroutstandingforleadinacomedyfor

OS ANGELES—Succession and Ted Lasso topped the Emmy Awards on Monday, in a ceremony that touted the influence of TV and extended honors to global sensation Squid Game and winners who delivered messages of empowerment.

Turks soon became a household name and an appetizing habit among Filipinos that stirred a buying behavior from the public. It did not take long for the company to grow rapidly that they had to deal with a problem any business owner would want to be in, higher demand for supply.

our operations is to address the astonishingly high demand for our product. We kept on increasing our daily supply but we always sold out even before the mall closes. We had to come up with quick adjustment and expansion in our commissary in order to keep up with the customers’ demand,” Zeñarosa recounted.There was even a time when Zeñarosa did not sleep for two straight days, continuously working through shifts after shifts because he joined the commissary’s production team in making pita

At the recently concluded 2022 Stevie International Business Awards (IBA), Meralco Group brought home two golds, four silvers, and one bronze for various initiatives and programs geared towards supporting Filipinos and contributing to the improvement of their lives.

“Receiving messages such as the

local cement manufacturer Republic Cement is normally on the other end of the plastic neutrality conversation. As a company that has integrated co-processing into its manufacturing operations, Republic Cement provides plastic neutrality solutions to organizations in both the public and private sectors. Republic Cement is now proud to announce that the company has achieved plastic neutrality, in addition to helping other companies achieve the Republicsame.

recent letter I received from my former student who made it to the top 10 in the 2022 Bar exams makes me proud and rewarded. I find teaching rewarding knowing that my students appreciated what I was doing in the classroom. You know it’s not easy to be in my class. I’m the kind of teacher who poses hard challenges to my students. And seeing them surpass these challenges makes me feel proud,” he added.

Today, Turks’ production team utilizes modern equipment in food processing and practices high standards of health and sanitation in food handling in compliance with FDA regulations. Their bread machine is fully automated and can produce thousands of pita bread in aInevitably,day.

Cement, through ecoloop, its official resource recovery group, pioneered the use of alternative fuel in Philippine cement manufacturing through co-processing over 20 years ago. Co-processing is the reuse or recovery of thermal and mineral properties of qualified waste materials, such as residual plastic or rice husk, as alternative fuels.

“I remember the sleepless nights formulating the recipes and preparing the pita bread, sauces and meat. I only had a handful of staff during the first years of my business so I had to do most of the work requirement. Also, I wanted to make sure

To date, Republic Cement has helped a number of Filipino manufacturers and conglomerates reach their plastic neutrality goals, including Nestlé Philppines, ColgatePalmolive, Century Pacific Food, Inc., Hope In A Bottle, and Plastic Credit Exchange with its partners Nutri-Asia and Alaska. Republic Cement has also partnered with over 30 local government units in support of their local solid waste management initiatives.

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That was at Saint Scholastica’s College-Westgrove. Bonifacio vividly

“To be recognized by no less than your colleagues in the academe is another reward. To be given such a big task to represent the ISFA to the management for all of its affairs in the institution is both a privilege and a responsibility. Being given the trust bestowed upon you by your colleagues to lead them for three consecutive years is a reward in itself for any teacher or for any leader,” Sir Gene said.

This move to name temporary/acting capacity appointments is to prevent a hiatus in the discharge of official functions, pending the selection of permanent appointees (Hon. Luis Mariano M. General v. Hon. Alejandro S. Urro, et. Al, G.R. No.191560, 29 March 2011).

He introduced her to the excitement of a lively academic discussion which led her to pursue law in order to serve justice to the needy and oppressed. And if it was not for Sir Gene’s guidance, Bonifacio said she would not have been successful in her preprations to become a lawyer.

She said Sir Gene taught her the value of hard work and it has helped shaped her into who she has become. According to Bonifacio, Sir Gene became her personal mentor. Her thirst for knowledge could not be simply quenched without having the right mentor. Sir Gene encouraged her to develop her curiosity. He was a rigorous editor who challenged her to develop arguments and explain her thoughts well.

Meanwhile, OMF President Jeffrey O. Tarayao received a silver Stevie under the Thought Leaders for Government or Non-profit Organizations category. Tarayao, who has been leading OMF since 2011, has been instrumental in deeply developing a consciousness where “inclusion” and “inclusive development” became fundamental principles of the design, implementation and sustainability of community and sustainable development programs of OMF.

Besides winning at the Stevie IBA, the Meralco Group also received two golds and three bronzes at the 2022 Asia-Pacific Stevie Awards, which extends to organizations from 29 nations in the region, focusing on recognizing innovation in all its forms.

The 2022 NTM will culminate on October 5 which is also the celebration of both National Teachers’ Day (NTD) and World Teachers’ Day (WTD).

HE Governance Commission clarified the appointments of Directors of GOCC Governing Boards in an acting capacity issued by the President of the Philippines.Inastatement, the commission said the Constitution conferred to the President the authority to appoint officials of the Executive Department (Section 16, Article VII, 1987 Constitution), which includes temporary

Appointments of directors of GOCC Governing Boards clarified

Celebrating teachers and their lifelong impact on their students

Co-processing supports the public sector by supporting solid waste management initiatives and supports manufacturers in the

During their start-up years, the only element of marketing he was concerned about is their product so he put all his efforts in coming up with an affordable yet tasty pita wrap that customers would crave for.

“Republic Cement started ecoloop almost 20 years ago with the goal of embedding sustainability in our value chain through the use of alternative fuels,” shared ecoloop Director Angela Edralin-Valencia. “Today, we are proud to share that we have achieved the plastic neutrality within our own company, offsetting the plastic materials that go into our packaging through co-processed residual plastic waste.”

Through co-processing, Republic can manufacture cement with reduced dependence on fossil fuels, such as coal. This process is also unique to cement manufacturers since the high temperatures used in the manufacture of cement allow for alternative fuels to be completely consumed, with any waste byproduct fully integrated into the final output.

“One of the problems we encountered especially during the first years of

“Thebread.most challenging and tiring experiences I had running this business are the same memories that bring me joy. Because I know that the tradeoff was the satisfaction of our customers and our franchisees as well,” Zeñarosa said.

recalled how the law students would call out their professors for their wrong grammar. She also added that during her first year in law school, she would always get a “VG (very good) use of English grammar” simply because of Sir Gene. There have been many teachers who have had a positive impact on our lives but there will always be one who particularly stood out. For Bonifacio, it really was Sir Gene who had the greatest influence on her passion for education. It was his ability to inspire his students and instill within them the knowledge that they could achieve anything they set their mind to. He would always be that someone who provides guidance and support.SurGene used to be Saint Scholastica’s school paper’s moderator who handled campus journalism. He trained student journalists who competed in different levels of press conferences. For his work, Sir Gene was named Outstanding School Paper Adviser of the Philippines in 2014.

REPUBLIC Cement makes use of co-processing to reuse or recover thermal and mineral properties of qualified waste materials, such as residual plastic or rice husk, as alternative fuels.

just like most businesses, Turks also suffered financial losses during the pandemic, which started on the first quarter of 2020.

T

Meralco’s initiatives were among the over 3,700 nominations from organizations of all types from 67 nations that were announced as winners last August 15.

Those named in acting capacity are to relinquish the positions once permanent appointees assume office.

Anotheroperations.goldwent to the “One Meralco Foundation’s (OMF) School Electrification Program: Energizing the country’s offgrid public schools during the COVID-19 pandemic,” which was recognized as the Corporate Social Responsibility Program of the Year among nominations from Asia, Australia and New Zealand. Meralco’s social development arm OMF, in partnership with the Philippines’ Department of Education, has been implementing the school electrification program in public schools located in unserved and underserved areas in the country.

PROUDLY

private sector in recovering the plastic used in their“Co-processingoperations. is one of the best solutions available for diverting end-of-life plastics from landfills and waterways,” says Republic Cement CEO Roman Menz. “Especially with the recently passed Extended Producer Responsibility (EPR) Law of 2022, coprocessing provides a globally recognized method that companies can use to not only comply with the law but also realize their sustainability and plastic neutrality vision.”

SIR Gene Manuel is flanked by former student Chlarine Gianan, now Mega Magazine entertainment/ fashion feature writer, and Cavite Province Curriculum Implementation Division chief, Elpidia Bergado.

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“The pandemic was unprecedented and it hit us all by surprise. We had no idea that such thing could ever happen to the whole world in this lifetime. We had to close down permanently some of our stores particularly those located in office buildings, schools and hospitals,” Mr. Zeñarosa explained.

Market early in the morning, scouring for quality raw materials, and carrying sacks of onions and cucumbers on his shoulders were part of Zeñarosa’s daily routine back then. He also handled logistics, delivering from mall to mall each day, ensuring that supplies are delivered to his branches before the mall opens.

THE Meralco Group continued to exemplify excellence on the global stage as it bagged 12 wins for its remarkable customer service initiatives, corporate social responsibility, and thought leadership.

Besting various companies from different industries in the region in the Award for Innovation in Annual Reports category, Meralco won gold for its “2020 Corporate Reports”. The Reports showcased Meralco’s 2020 Annual Report, Power On; 2020 Meralco Sustainability Report, Live Life; and One Meralco Foundation’s (OMF) 2020 Annual Report, Give Hope. These detailed how Meralco, through its various programs and initiatives, helped the country in its fight against COVID-19 and support pandemic recovery efforts.

HEN Gem L. Zeñarosa, the owner of the phenomenal Turks, and his wife, Angel, started their humble business 15 years ago, all they had in mind was to make Turks an integral part of the Philippines’ biggest shopping malls, an ambitious goal that requires knowledge of an exceptional marketing mix, cut-out business plan and sufficient capital. He and his wife had no experience in food business but were teeming with faith and hope that they will succeed in their affairs.

Recognized as the most valuable nonprofit COVID-19 response in the Awards for COVID-19 Response category, OMF’s “Teacher Frontliner: A Back-to School Program to support Filipino Teachers as frontliners during the Pandemic” was also awarded gold. Through the program, OMF helped provide the needs of the teachers as they continue to perform their frontline duties amid the pandemic.

Meralco Group gets international recognition for excellent stakeholder, community initiatives

HE celebration of 2022 National Teachers’ Month (NTM) formally started on September 5, 2022.

“It always makes me proud to see budding student journalists earn recognition from conferences,” Sir Gene said.

This student shared the story of how Sir Gene, whom she considered her mentor, continued to inspire her and helped her to achieve an Exemplary Performance (or a grade of more than 85 percent) and become one of the top 10 Bar Topnotchers in the recent 2022 Bar Exams. Lawyer Patricia Bonifacio wrote her beloved teacher a letter saying he was the greatest influence on her passion for education.

Republic Cement achieves plastic neutrality, offers co-processing service as EPR solution

appointments or in acting capacity.

Sticking to his simple plan, it turned in a direction he could never have envisioned.

By collecting and co-processing the equivalent volume of residual plastic waste as what used in the packaging and transport of its cement products, Republic has been able to offset its plastic packaging footprint for 2020 to 2022 year-to-date. This is equivalent to over 890 dump trucks filled with plastic waste.

“Republic Cement is very excited to offer co-processing as a solution to more manufacturers and sustainability-focused organizations in the public and private sectors,” Atty. Edralin shares. “Through coprocessing, partners will not only be able to comply but also be more responsible corporate citizens by seeing through the plastic used in their products throughout its entire lifecycle.”

With the theme “Gurong Pilipino, Dangal ng Sambayanang Pilipino,” the Department of Education (DepEd) said the month-long celebration aims to honor the greatness and dedication of teachers in helping the Filipino youth reach their dreams.

The other programs that won silver international Stevies were: “Meralco’s 2021 Annual Reports: “Bayanihan,” “Malasakit,” and Kalinga””, OMF’s “One for Trees: Empowering People and Communities to Nurture our Forests” program and “One Meralco Foundation’s Household Electrification Program: Powering-Up Communities in the Pandemic”; while OMF’s “From Farmers to Pantries: A Covid-19 initiative-Inspire Hope Amid the Pandemic and Economic Crisis in the Philippines” received a bronze award.

Teacher Gene is now teaching Senior High students at De La Salle UniversityIntegrated School and happily espousing DLSU’s core values: Faith, Service, Communion. He is also currently the President of the DLSU-Integrated School Faculty Association (DLSU-ISFA).

Besting other nominations in the Best Use of Social Media - COVID-19-related Information category, the “Meralco Corporate Partners Viber Community: Engagement when connectivity is a must” was given a gold award. This Viber community served as the Company’s channel in providing relevant updates to its enterprise customers that may impact their business

Friday, September 16, 2022B6

to buy the best ingredients for my product so I did the supplies purchasing by myself,” ZeñarosaNavigatingsaid. through Balintawak

For Generie Manuel, or “Sir Gene” to his students, this year’s celebration and all his hard work through the years are all worth it after he received a special letter with a touching message from one of his students.

Turks: the Philippines’ favorite pita wrapped with faith and love

For more information on plastic neutrality and how co-processing can help your business comply with the EPR Law, please contact ecoloop@republiccement.com.

Ms. Hunt and her daughter can now begin to heal,” Greenfield said.

But Labide scored on an offbalanced push, hammered a downthe-line hit off Santa Rosa’s poor reception that came after the City Lions’ attack error and Tony Torres scored on a quick hit to give the Troopers a 10-5 cushion.

and sacrifices and said he’s now one of the faces of Philippine sports.

T hey proceeded to the PSC where Eala was waiting to warmly welcome them.

M ore than 100 people signed a change.org online petition calling for different designs.

Fajardo, Thompson, Perez lead pool for November World Cup qualifiers

“ We really wanted to win,” said Gampong, who was scheduled to head home for Tawi-Tawi on Saturday but later hinted at extending his stay to help anchor Army’s most crucial game against VNS.

They’ve been a couple for two years.

E xperience and poise prevailed over firepower and hustle in the end as the Troopers racked up the first three points in the decider and sat on a couple of four-point cushions before the hard-hitting Gampong’s service miscue put the City Lions back in the game at 5-6.

Nike unveils US World Cup jerseys criticized as bland

Ateneo, meanwhile, could clinch an outright semis seat with a sweep of its last two games but against two of the league’s most fancied teams— Cignal and Sta. Elena.

Donald Wine, a national board

E ala praised Obiena’s dedication

RMY-KATINKO   recovered from a fourth set struggle with a fiery start in the decider then blitzed Santa Rosa with a barrage of hits to hack out a 25-21, 22-25, 25-20, 17-25, 15-6 decision and stave off elimination in the Spikers’ Turf Open Conference at the Paco Arena in Manila on Thursday.

“I rate it in the middle,” American midfielder Yunus Musah said during an August 25 conference call. putting his right thumb sideways. “It’s not there,” he said with a thumbs up, then flipping to a thumbs down, “or there. It’s the middle.”

“ I’m staying here for maybe three weeks, I’m not sure yet when I’ll be returning to Italy, but I’ll surely be back there,” Obiena, the world No. 3 in men’s pole vault and Asian record holder told media after his courtesy call on Philippine Sports Commission chairman Noli Eala at the agency’s offices inside the Rizal Memorial Sports Complex.

“ Tried to tell them,” midfielder Weston McKennie wrote.

PEREZ THOMPSON

OS ANGELES—A California

Obiena was in the country in 2019 to win gold at the 30th Southeast Asian Games at the New Clark City Athletics Stadium. He returned to his training base in Formia, Italy, got locked down there for most of 2020 but toured Europe—and the Tokyo Olympics last year—when health restrictions were eased.

Thompson’s Ginebra teammates— 6-foot-9 athletic forward Japeth Aguilar and dead shot Arvin Tolentino—are also being eyed to be

ERNEST JOHN “EJ” OBIENA and Caroline Joyeux pose with BusinessMirror issues showing they’re coming home.

Vitaly [Petrov] said this is going to be my last time going here before Paris,” Obiena said. “He already planned the things we need to do. Hopefully, we will stick to it and manage everything going there.”

A

The woman’s daughter punched the opponent in the neck and she collapsed on the court, suffering a concussion. The punch was recorded on cellphone video.

A n Orange County judge allowed Hunt, 44, to participate in a diversion program that includes a written apology letter, restitution and anger management classes before she can attend basketball games. She must also stay away from the victim.

Troopers crawl way past boys from Santa Rosa

P rior to becoming a collegiate star and eventually becoming one of the promising cagers in the PBA, Tolentino used to play for the national youth team in Asian Championships.PogoyandErram have also represented the national team on

FAJARDO

A NEW uniform for the US women’s World Cup team is displayed by Nike. AP

The criminal case will be dismissed if Hunt complies with the diversion program, her attorney, Brett Greenfield, said in a statement. The lawyer said Hunt and her daughter took responsibility for their actions.

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mother must pay more than $9,000 in restitution and apologize to a teenage basketball player she told her daughter to hit during a youth basketball game in 2021, a judge ruled Wednesday.

D ave Lardizabal scored 12 points while Sean Labrador and Gab Hernandez added 11 and 10 points, respectively, for Santa Rosa, who barely outhit Army, 58-57, but had answer for the Troopers’ solid blocking, 2-13.

O n Friday, Obiena and his entourage will motor to Tagaytay City where Philippine Olympic Committee (POC) President Rep. Abraham “Bambol” Tolentino and the POC Executive Board set up a separate welcome lunch.

The mother, Latira Shonty Hunt, was criminally charged last year with one misdemeanor count of contributing to the delinquency of a

This is exactly the kind of momentum we need in Philippine sports,” said Eala, who was joined by Commissioner Olivia “Bong” Coo and top PSC officials in welcoming Obiena and Joyeux.

June Mar Fajardo and explosive and do-it-all players Scottie Thompson and CJ Perez are being eyed to form the core of the national men’s team that will vie in the fifth window of the International Basketball Federation (FIBA) World Cup Asian Qualifiers in November.

L abide stretched the lead to six with another kill and the Troopers built a huge lead on another Santa Rosa mishit.

Obiena arrived at around 7 a.m. at the NAIA Terminal 3 on Thursday and with him is his girlfriend, German long and triple jumper Caroline Joyeux. They were met at the airport by his parents Emerson and Jeanette, a welcome party from the Philippine Sports Commission, and well-wishers.

minor and one misdemeanor count of battery. She faced up to a year in jail.

A grown adult directing a child to use violence against another child on the basketball court is reprehensible,” Orange County District Attorney Todd Spitzer said in a news release. “By instructing her own daughter to engage in violence, she is not only

responsible for injuring an innocent child as if she punched her with her own fist, but she transformed her own child into someone who is willing to hurt another child.”

A rmy also produced nine aces, four more than Santa Rosa.

AP

to Ms. Hunt and her minor daughters. These statements were infected with racism, bigotry, threats, humiliation, bullying and more. The harm created will last a lifetime.”

The three stood out as the Samahang Basketbol ng Pilipinas (SBP) and the Philippine Basketball Association (PBA) solidified a partnership for the campaign that will culminate with the country’s cohosting of the FIBA 2023 World Cup in August next year.

But to force a playoff, the Troopers must hurdle their last assignment against the Griffins on Tuesday and hope VNS would also drop its match against unbeaten Navy Saturday.

San Miguel Beer, while Thompson is one of Barangay Ginebra San Miguel’s go-to guy.

ERNEST

O biena met Joyeux, Germany’s sixth-ranked long jumper, in Formia. They hooked up after that but maintained a long distance relationship.“Asaboyfriend, EJ is very, very good…he’s like a brother and a friend,” said the 21-year-old Joyeaux. “We have a long distance relationships from Formia to Berlin.” Joyeaux is not only a first-timer in the Philippines, but also in Asia.

“you better hit her for that” after a physical play, prosecutors said. AP

Mom must pay $9K for telling daughter to hit basketball rival

A guilar has been a consistent fixture in the national team program and as early as 2008 when Smart-Gilas was formed, he was already included in the squad then coached by Rajko Toroman.

“Unfortunately this incident opened the social media door for many individuals to make direct statements

T hey will be joined by available players from the Japan B. League and several other players from the University Athletic Association of the Philippines and the national training pool.

Obiena and Joyeux have big plans for a major vacation.

Obiena faces some 18 months of rigid and strenuous program and competition to qualify anew for the Olympics in Paris and braced himself for a program his legendary Ukrainian coach prepared for him.

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T he basketball game occurred November 7, 2021, when two club teams played during a tournament in the city of Garden Grove near LosHAngeles.untyelled to her daughter

SIX-TIME Most Valuable Player

I’m looking forward to a normal lifestyle here...and the food and beaches,” she said.

For the meantime, it’s relax and vacation mode for the 26-year-old Obiena and, of course, Joyeux.

Bounty holds major 3x3 tilts for anniversary

W hile it was Army’s only first victory after four straight losses, it revived the Troopers’ bid for the last semifinal berth as it tied its victim at sixth, just a couple of games behind fourthrunning VNS-One Alicia and half-a-game off fifth-running Ateneo-Fudgee Barr.

several occasions.

L abide finished with 20 points while PJ Rojas and JD Diwa combined for 23 points as the Troopers spoiled Jade Disquitado’s another explosive game of 22 points, including 20 attack points.

B OUNTY teamManilacontingentChooks!Mastersto-GoOctobertheissetInternationalcelebraterenderedGocompanyInc.,VenturesAgromotherofChooks-to-Pilipinas3x3,hasmajoreventstoitssilverjubilee.TheChooks-to-GoPilipinas3x3StandaloneQuest,FridayatAyalaMallsSolenad,partoftheactivitiestocelebratemilestone.Theactivitieswillculminateon1and2withtheChooks-FIBA3x3WorldTourCebuatSMSeaside.Aspartofour25thanniversary,wehavetwokeyeventsforsports—thefirstistheChooks-to-GoPilipinas3x3InternationalQuestwhichwillbethestartofourathletes’journeytowardstheCebuMasters.Andweareplanningalotofsurprisesforbothtournaments,”saidRonaldMascariñas,godfatherofPhilippine3x3.Thecountry’stop3x3teamCebuheadlinesthePhilippineandwillbejoinedbyChooks!anddevelopmentalButuanChooks!Cebuismadeupofthecountry’sNo.1MacTallo,No.3BrandonRamirez,No.29VinceTolentinoandimportMikeNzeusseu.CebuisinPoolBintheleveleighttournamentthatoffersa$10,000prizewithaCebuMastersmaindrawticketgoingtothechampion.AlsointheirgroupareMongolia’sZaisanMMCEnergy,Japan’sSaitamaAlphasandButuanChooks!ButuanwillbeheadlinedbyNationalCollegiateAthleticAssociationSeason94MVPPrinceEze.HeisjoinedbynewboysJPCauilan,JasonStraitandAurinCatacutan.

By Josef Ramos

EW YORK—Nike released the United States’ World Cup jerseys Thursday, including a mostly white design for home matches that was criticized in advance by a pair of American players and some fans.

EJ AND VACATIONCAROLINE:FOR2

Thompson is the reigning PBA MVP and was a member of the gold medal winning team coached by Tim Cone in the Philippines 2019 SEA Games.

Two-time PBA scoring champion and World Cup veteran CJ Perez is also tops on the SBP list. He just won his first ever PBA championship with the Beermen and his scoring prowess will be needed by the national squad.

The SBP is set to announce the other members of the pool once their availability is confirmed.

THE Troopers book only their first victory after four straight losses.

The home jerseys have red and blue stripes on each sleeve, somewhat similar to the stripes down each side of the Americans’ 2002 World Cup uniforms.

member of the American Outlaws supporters group, said he likely will purchase one of the new jerseys but hoped Nike and the US Soccer Federation would take criticism into account in future designs. Wine said fans prefer a more distinctive look the team could become known for, such as Croatia’s adoption of a checkerboard pattern.

We’re planning to go somewhere, in some islands…to really just disconnect,” Obiena said. “It’s been three years that I haven’t had a rest or an off-season.”

G ilas Pilipinas is scheduled to play Jordan and Saudi Arabia, both away games, in November for theFqualifiers.ajardoand Perez are both from

T he bright blue away jersey has an ice-dying technique somewhat akin to a tie-dye pattern.

Gampong made another attack error but that hardly mattered as the Troopers scored the next three to close out the City Lions, capped by Labide’s power hit that hit the arms of a Santa Rosa defender and outside of Army’s side court.

We just as angry as y’all !!!” forward Tim Weah wrote last month after a version of the home jersey was posted online.

Fajardo’s Gilas experience is traced back to the 2013 FIBA Asia Championship when the Philippines qualified for the Spain World Cup for the first time in 40 years.

G ilas Pilipinas coach Chot Reyes reached an agreement with the management of San Miguel Beer, Ginebra and TNT on the availability of these players for the coming FIBA window.

Sports B7Friday, September 16, 2022BusinessMirrormirror_sports@yahoo.com.ph | Editor: Jun Lomibao

A s an example, Wine cited the red and white horizontal stripes of the 2012-13 US jersey that became known as Waldo, after the character’s attire in a children’s book.

included as well as TNT stars Roger Pogoy and Poy Erram.

JOHN “EJ” OBIENA has a full three weeks ahead of him to rest his mind and body before he plunges into a spartan-like 2023 season to prepare for his qualification for the Paris 2024 Olympics.

M adz Gampong delivered what could be a big farewell performance for the Troopers, unloading 22 points he spiked with 13 attack points and seven kill blocks while Benjaylo Labide took charge in the clutch, spearheading the team’s strong finish that saw them break from a tight 6-5 lead en route to the nine-point win.

A n attorney for the teenage victim’s family did not immediately respond to requests for comment.

SEAOIL SEAOILcarecommitmentreiteratestowithAlagangCampaign

Sorento midsize SUV completely exudes power and elegance, the Kia Carnival grand utility vehicle allows you to create quality moments in ex ecutive class; and the brand’s latest offering that will come on the market in early 2023, the breakthrough EV6 all-electric crossover SUV.

But I’m sure it went well, espe cially so that the launch topic was about Toyota’s global commitment “to evolve our way of life, create car electric experiences, uplift communi ties and move the world.”

Your advice is very much welcome, dear fellas.

The Kia EV6 and its supporting charging ecosystem are the cen terpieces of the Kia PIMS display, representing the brand’s pivotal shift into the electric vehicle mar ket and the brand’s commitment to sustainability.“Today,webegin our deliberate participation in the Electric Vehicle market as we move into the inflection point,” said Kia Philippines President Manny Aligada. “Our event now is not simply another model introduction but also signifies Kia’s commitment to realizing our social responsibility through our 3S activities—sustain able mobility, sustainable energy, sustainable planet. Sustainability is a future not just for Kia as the Ayala group has committed to achieving net zero greenhouse-gas emissions by 2050. This is a guideline Kia believes in and is a focal point in our business. Sustainability is our move to protect the greatest source of inspiration, nature,” he adds. Aligada also shared that Ayala Land reinforces its com mitment towards sustainable and responsible property development.

Now on its eighth year, the event’s theme is Mobility + Humanity: Inno vating for the Common Good.

And so, since we are but an exten sion of Japan’s giant car companies when it comes to mobility concerns, we must brace ourselves up for the coming car electrification platform happening soon in the region.

ChuaLim, TMP’s first vice presi dent for vehicle operations, said Toyo ta’s chief theme this year is about the projections of electric vehicles.  Very timely, indeed, as Toyota has been the vanguard, the leading light, in the auto world’s intense effort toward mass ve hicle electrification in the near future.

Motoring

which we will introduce to the mar ket, we are ready to begin a whole new journey for a better future.”

BusinessMirror

“Automakers and battery manu facturers are rushing to get ahead in the electric vehicle (EV) market as the world shifts toward a greener, emissions-free“Announcementsfuture.over the last few weeks from major industry players

‘M

OVEMENT That In spires’ is proudly on display in the Kia Phil ippines booth at the 8th Philippine International Motor Show (PIMS), currently being held at the World Trade Center in Pasay City. The brand’s exhibit highlights its move towards electric vehicles and, more importantly, sustainability.

Set at its usual home that is the World Trade Center in Pasay City, the PIMS is on September 15-18 from 10 a.m. to 8 p.m.

enthusiastic acceptance of the EV6 from our customers all around the world as it gives us a strong signal that we are heading in the right direction. Kia’s vision to become a global leading eco-friendly mobility solution pro vider is not just our internal target anymore, but an achievable future that is strongly supported by our cus tomers who feel exactly the same way we do about our future and environ ment and sustainability,” said Joey Hong of Kia Asia Pacific. “Together with many upcoming electric models

Although it will still take some time before the EV thing comes in full blast on our shores—maybe in another 10 to 20 years?—it will be wise to take stock of the ramifica tions of the incoming switch from fossil fuel-fed vehicles to EV mode.  To be ready is to be prepared.

Kia’s cutting-edge design and technology are evident in the brand’s portfolio which caters to a wide range of lifestyle and business needs. The Kia Soluto subcompact sedan elevates your daily drive; the Kia Stonic sub compact SUV is unmatched in its genius in style and design; the Kia

THE Kia EV6 brings long-range, ze ro-emissions power, 800V ultra-fast charging and distinctive styling to the crossover SUV market. The EV6 is Kia’s first car based on the company’s dedicated new platform for battery electric vehicles (BEVs).

“Together, let us create a sustain able future through electrification and push the limits for a better mo bility in tomorrow’s vehicle outlook,” saidThat’sChuaLim.  aforceful step towards the right direction, Shawin.

PEE STOP Percy Della, who worked as press officer of Arnold Schwar zenegger when Schwarzenegger was California governor, had a grand day recently at Bale Maragul, the Ayson Family’s hidden paradise resort at the foot of Mt. Arayat in Pampanga.

In keeping with the company’s thrust and long-term commitment, it sup ports the use of alternative energy sources. Further, it aligns with the global and local directive to shift to more EVs. And in the coming weeks, over 20 EV charging stations will be rolled out across seven cities in Luzon.

TIMELY THEME OF CAR ELECTRIFICATION AT PIMS

Shaina May Semana of Toyota Motor Philippines (TMP), upon the instruction of TMP hot shot Sherwin “Shawin” ChuaLim, has invited me to the Toyota launch for an exclusive presentation of TMP’s mosaic for theUnfortunately,occasion. I missed it due to a previous family commitment.

The new Kia movement was launched locally in the 4th quarter of 2021 with the reveal of the brand’s new logo and tagline. The momentum has continued throughout 2022 with the opening of several new dealer ships. This rapid nationwide expan sion takes the Kia brand a step closer to its target of having 50 operational and appointed dealerships by the end of next year. Kia also achieved a 76-percent increase in sales in 2021 versus 2020. And for the first half of this year, Kia has positioned itself as one of the fastest-growing car brands in the country, with a 30 percent year-on-year performance and is on target for continuous achievement until the end of 2022.

And, speaking about the frenetic race on vehicle electrification, here’s Nikkei Asia’s latest on the subject:

S

The New EV6 sets the bar for electric vehicles

“The Kia EV6 has won many titles and awards including but not limited to 5-Star NCAP rating and the Euro pean Car of the Year. However, what thrills us the most besides these vic tories, is the absolute hospitality and EAOIL, the community,”aofSEAOILambassadorintroducedSmith,philanthropistactress,lessSEAOIL’sTawi,neighboringZamboangaandnationwide2023,ScheduledBulkbrokenationwide.yearasandaccessofarelocatedThreebrandworld-renownedexpandedlubricantSTPfuels,LuzoncustomersitsmaintenanceofferSanitsalsoPriceLOCQtoAutosweeptorecentlytheconveniencepricefutureablePriceLOCQTherethevolatilecustomerswithpandemic,GlennwithdelivercountaddressandweservehaveanythingthedoingthedoubleaSEAOILprogramsofprojectsshowinandinnovativeofconsistentlycampaign.throughexcellentreiteratesinindependentleadingfuelcompanythePhilippines,itspledgetodelivercustomerexperiencetheAlagangSEAOILOvertheyears,SEAOILhascaredforthewelfareitscustomersthroughitsproductsandservices,byalsobeingthereforthemtimesofneed.Variouseffortsthisdedication,suchascarriedoutattheonsetthepandemic,aswellasimplementedbytheFoundation.“Asweslowlytransitionintopost-Covidworld,wewilloureffortsinfosteringAlagangSEAOILwayofthingswithinandoutsideorganization.Ifthere’sthepasttwoyearstaughtus,it’sthatweourcustomersbestwhenadapttothepresentrealitiesinnovatecontinuouslytotheirneeds.Theycanonustoconsistentlyproductsandservicesgenuinecare,”SEAOILCEOYusaidinastatement.AttheheightoftheSEAOILpartneredLocq,OPCtogivepoweroverfuelpricesthroughPriceLOCQmobileapp.arenowover200,000appusersthataretobuyandstorefuelsforusebeforeaseriesofhikes.Tofurtheraddforitsusers,RFIDtop-upfeaturewasaddedintheappenablecustomerswithRFIDaccountsalsoreloadthroughtheapp.Easytripwillbeaddedsoon.SEAOILalsorecentlyopenedsecondLubeServbranchinFernando,Pampangatochangeoilandpreventiveservicesusingtop-qualitylubricantstobasedintheCentralarea.ApartfromitsSEAOILalsomadeadditivesavailableinitsproductlinewhenititspartnershipwithoiltreatmentSTPlastNovember.moreLubeservbranchesinCaviteandCaloocanexpectedtoopenbytheend2022.Morecustomerswillhavetoqualityproductsvalue-addedprogramsSEAOILissettoclosethewithover700stationsSEAOILrecentlygroundforitsZamboangaTerminalinMaythisyear.toopenbytheendofSEAOIL’s12thterminalwillserveretailindustrialcustomersinthePeninsulaandtheislandsofTawi-Jolo,andSulu.Drivingawarenessforcampaignisnothanaward-winningentrepreneur,andAnneCurtis-whoisrecentlyasthebrandfortheAlagangcampaign.“It’ssuchanhonortobeapartthiscampaignthatpromotescultureofcarefortheFilipinosaidAnne.

HE motoring sector is now fast coming back to life as the Philippine International Motor Show (PIMS), whose four-year interruption was aggravated by the pandemic, has been revived.

KIA SHOWCASES ITS VISION FOR A SUSTAINABLE FUTURE AT PIMS

Henry Ford Awards Best Motoring Section 2007, 2008, 2009, 2010 2011 Hall of Fame B8 Friday, September 16, 2022 Editor: Tet Andolong • www.businessmirror.com.ph

indicate strong commitments to ex panding their EV-related businesses.

“Especially notable are efforts to increase and stabilize the procure ment of EV batteries, which are con sidered crucial in ensuring the transi tion to and long-term success of EVs.

As I said here a while back, I dread the day when I will have to dispose of my pre-EV Altis.  Already, the thought of preserving my Altis in a museumlike garage has been swimming in my mind.  Or will I keep it in a glass cage for posterity’s sakes?

Come visit the Kia displayat PIMS 2022

THE full line-up of Kia’s innovative vehicles will be on display in this year’s Motor Show for customers to examine up close. In addition, the booth includes other exciting fea tures such as the Kia Vehicle to Load (V2L) Coffee Shop and an Interac tive Motion Wall which is a digital art installation showcasing artistic interpretations of land, ocean, and air triggered by motion sensors. Guests can also take a closer look at various details of the EV6 exhibits. These include the EV6 configurator and the V2L display which demon strates the car’s capability to sup ply up to 3.6kW of power, enough to operate a 55-inch television and air conditioner simultaneously for more than 24 hours.

“South Korea’s LG Energy Solu tion aims to build half a dozen bat tery plants abroad while Toyota Mo tor and Honda Motor have both re vealed plans to invest billions in bring ing new battery plants online. Nissan Motor will acquire a Japanese lithiumion battery maker in a bid to gain a competitive edge over its rivals.”

What an apt subject as it touches on a broad spectrum centering on the marriage of man and machine out to explore motion harmony for all.

Arriving at noon on board a shiny black Innova, with Jessie behind the wheels, Percy was with her comely wife, Lily.  We all feasted on tinolang manok, CPA (chicken pork adobo) and burong catfish wrapped in green leafy mustasa, through the kindness of our generous host, Jake P. Ayson.  Jessie had Alfonso X. O, Jake red wine, Per cy pale pilsen, and Lily plain water. Mine was Jack Daniels single barrel. Before migrating to the US in 1978, Percy was a sportswriter of note in the Philippines’s Manila Times and Times Journal , whose pen produced an end less array of fine prose that left read ers continually awe-struck.  Welcome home, Perci-bull!

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